Matrix receives 2008 Award for Outstanding Lease Maintenance for its Bellevue Field Houghton from California Department of Conservation

Bakersfield, CA

Matrix announced the receipt of the 2008 Award for Outstanding Lease Maintenance for its Bellevue Field Houghton Lease from The California Department of Conservation, Division of Oil, Gas and Geothermal Resources. Matrix received the award on Thursday February 4, 2010, at 10:00 am at the Division’s office at 4800 Stockdale Hwy Suite 417 in Bakersfield. Mr. Michael Toland of the Department of Conservation noted in the presentation to Matrix that it received the award in recognition and appreciation of the excellent maintenance record by Matrix Oil Corporation’s at the “Houghton” lease in the Bellevue Oil Field. In attendance at the meeting were Mr. Johnny Jordan, President of Matrix and Mr. Jim Vittitow of Vittitow Oilfield Services.