Bonanza Oil and Gas, Inc.

Bonanza Oil & Gas, Inc. is a United States based company engaged in the production and development of oil and gas reserves, as well as the development and evaluation of 3D seismic programs. The company acquired Plantation Working Interests, LLC, ("PWI") on October 23, 2007 and gained 100% interest in PWI. It also purchased a 25% interest in APClark from Lucas Energy, Inc. Its two wholly-owned operating subsidiaries are Plantation which holds the Plantation Assets and Bonanza Exploration, Inc. holding the ApClark, Cadillac and Damon leases in Texas. In the fiscal year end 2008, the company had interest in gross five oil wells. The company is headquartered at Houston in Texas, the US.

In 2009, the company has entered an agreement to purchase North Grimes Property in Grimes and Brazos Counties.The company reported revenues of (U.S. Dollars) USD 0.02 million during the fiscal year ended December 2007, an increase of 1,600.00% over 2006. The operating loss of the company was USD 0.20 million during the fiscal year 2007, as compared to an operating loss of USD 0.01 million during 2006. The net loss of the company was USD 0.20 million during the fiscal year 2007, as compared to a net loss of USD 0.01 million during 2006.