Worthington Energy, Inc. Stock

Worthington Energy, Inc. (Worthington) is an oil and gas exploration and production company with assets in Texas and properties in the Gulf of Mexico. The Company's assets in Texas consist of a minority working interest in limited production and drilling prospects in the Cooke Ranch area of La Salle County, Texas, and Jefferson County, Texas, all operated by Bayshore Exploration L.L.C.. Its assets in the Gulf of Mexico consist of leasehold working interests in certain oil and gas leases located offshore from Louisiana, and a 10.35% interest in the drilled I-1 well and a 2% royalty interest in 1,400 acres in the Mustang Island Tract 818. The oil and gas leases are located in the VM 179, which is in the shallow waters of the Gulf of Mexico offshore from Louisiana. It has multiple leases in Montgomery, Labette and Wilson Counties in Kansas. The combined leases contain 140 oil wells and 17 gas wells within 3,527 acres.