Eagle Energy Inc. pleased to provide an update on its North Texas development program. The company reported that they have finished drilling and casing the third North Texas horizontal well at a location approximately one mile from the initial horizontal well, which is a well that continues to exceed production expectations. The company have 4,000 feet of liner cemented in the lateral section of the target zone of this third well, which will yield a slightly longer completed interval than what the company had in first two wells. While still early days, the shows of hydrocarbons and formation samples obtained along the lateral length while drilling this well appeared very similar to what the company saw while drilling the initial well. They have scheduled fracking operations with a major pressure pumping provider and expect to bring the well on production no later than the middle of December. In other news, to mitigate the effects of fluctuating prices on a portion of its 2018 production, the company has entered into a fixed price financial swap for 650 barrels of oil per day at a WTI price of USD 75.08 per barrel for the months of October through December 2018. The company has no other production hedged at this time.