Central International Corporation enhanced drilling operations of its Catriel
Oeste field in 2005 with one deepening and eight new well locations.
As of January 1, 2005, the Company had total proven reserves of 17.9 million
barrel equivalents, as determined by the company's independent engineering
firm.
Currently the Company has operations in California and in the Neuquen
and San Jorge basins in Argentina. The Coles Levee fields in Kern County
produce 1.4
MBOED, the Catriel Oeste field in the Neuquen basin produces 1.5 MBOD,
the Kilometro 8 field in San Jorge basin produces 210 BOPD, and the Alberto
and
Don Ernesto fields in San Jorge basin produce 200 BOPD, as of the date
of this report. Central Resources is actively looking for growth in these
producing
regions.