WASTE WATER DISP     SAL   

Apollo's waste water disposal facility (the "Apollo 15-18 I) is a Class II disposal well site that accepts waste water from Apollo wells as well as on a commercial basis for reinjection into the Lyons formation.  Prior to injection, brine water flows through a number of tanks and filters that knock out any solids and separate trace condensate [OIL] from the water.  Once operating at full commercial capacity it is expected the facility will be able to dispose of and/or accept between 3000 - 4000 BBLWPD with an average condensate cut of roughly 4%-6%; at these levels the economics of the well become very attractive.  Inintial injection of water commenced on November 4, 2008.

"Apollo has a simplistic goal: synergistic, low cost, fast paced, dynamic development of low risk energy, oil, and gas assets to quickly generate cash flow and return on investment”.

Jesse L. White, CPL