Monarch Gulf Exploration, Inc.

Corporate Office
8921 N. Indian Trail Rd. suite 288
Spokane, Washington 99208
Phone: (509) 434-8161

Oil and Gas Exploration Division
4022 Wingren Road, Irving, Texas 75062
Attention: Bucky Woy C.O.O.
972 717 3960

www.MonarchGulf.com
Monarch Inc, a Public Washington State C Corporation, is listed on the Pink Sheets under the symbol MGFX

The oil and gas sector is large, highly fragmented, is comprised of many different industries, and can be greatly influenced by geopolitical, supply and demand, technological, environmental, and regulatory forces.  The oil and gas industry in recent years has benefited from the rising consumption of oil and gas, declining crude production and low surplus reserves, creating market imbalances which will probably continue into the foreseeable future.

Today’s oil and gas companies may be involved in six different types of functions or industries:

	Exploration and production (E&P)
	Transportation
	Field and well services
	Drilling
	Refining and gas processing
	Marketing and distribution

Each of these specific functions is highly specialized.  However, because finding, exploiting and profitably producing oil and natural gas is the primary job of the E&P companies, or the E&P departments of their respective firms, the other functions all depend on properly managed E&P.  These other functions are usually readily available to E&P companies as third party services.

E&P companies have witnessed astonishing technological progress in the last 10-20 years.  Horizontal drilling and geological steering methods, huge advances in seismic acquisition, processing and interpretation, much improved and more comprehensive well data availability, software improvements, and other advances have served to dramatically improve an E&P companies’ ability and potential for success.

Furthermore, a substantially better oil and natural gas pricing environment has emerged first from an increase in worldwide demand, stimulated by the appearance of large global economies, particularly China and India, and second from a decline in world oil production due to the depletion of the world's older, established fields as well as to war and political turmoil in some oil exporting countries.  Agile E&P companies, like Monarch, can compete effectively and grow rapidly as once non-economic exploration opportunities now exhibit exciting  economic potential.

The exploration and development process is complex, costly, time consuming, and involves many different skilled disciplines.  Due to these associated risks, Monarch’s approach is to partner with experienced E&P companies  on certain aspects of projects, rather than competing on all fronts.  Monarch utilizes its own in-house technical consultants to acquire and evaluate projects developed both by other E&P companies and those consultants.