DBRM
Other Projects
Pearl Prospect, San Patricio County, Texas
In April 2005, Daybreak joined a land bank, whose funds were used to acquire leases for the Pearl Prospect. The Pearl Prospect is an onshore site located on the Texas Gulf Coast. As a member of the land bank, Daybreak is entitled to a one-third of one percent (.333333 of 1%) of 8/8ths “overriding royalty interest” in an anticipated 747.14 acre lease on the Pearl Prospect.