Matrix is a recognized, bonded operator in the State of California. Matrix has pipeline franchises with Los Angeles County, the City of Whittier and the City of Bakersfield. Matrix operates approximately 425 barrels of oil produced per day from 25 producing wells in the Whittier Field (LA County) and the Bellevue Field (Kern County) on approximately 800 acres of leases. Matrix operations generate royalties for approximately 1000 owners of mineral rights. Matrix has non-operated ownership in six fields in which it has a working interest that are operated safely and optimally by Foothill Energy LLC, JVA Operating, Clayton Williams Energy Inc. and PXP.