Matrix and Clayton Williams Energy, Inc. complete plans for development of Whittier Lease Project

Santa Barbara, CA

Matrix announced today that it and it’s co-applicant partner Clayton Williams Energy, Inc. had completed plans for submittal in April, 2010 of engineering details involved with its Whittier Main City of Whittier Lease Project and would be submitting full details of the project to appropriate City planning officials in its application for a Conditional Use Permit to drill wells on the City Lease. Further, Matrix indicated that the plans would involve the construction of facilities to bring up to 10,000 barrels of oil per day back to production on the property.