The operated East Lake Verret Field is located in Assumption Parish, 35 miles south of Baton Rouge in Louisiana. 

The field was discovered by Humble (Exxon) in 1952 and lies in shallow, inland waters with above water production facilities. The field produces both natural gas and light sweet crude oil. The acreage held by production is some 2,300 acres and current gross production from the ELV field is around 2 mmcf/day of gas and 170 bbls/day of oil.

President operates 4 producing wells across a number of leases with varying working and net revenue interests. In addition, the leases offer further opportunities to add reserves and production through proved undeveloped locations.