The company currently controls a 50% interest in 44,000 net acres in the D-J Basin Niobrara play in a joint venture with Slawson Exploration.

Voyager recently participated with Slawson Exploration in three Niobrara test wells in Weld County, Colorado.

Two of the wells, Moonshine #1-36H and Outlaw #16-11-66H, experienced significant hydrocarbon shows during drilling and have delineated an additional 22 high-grade locations to be drilled in 2011.

The Moonshine #1-36H well has achieved a significant increase in oil cut and produced at a peak 24-hour rate of 650 barrels of oil.

This well is currently flowing up casing at approximately 480 barrels of oil per day with a 95% oil cut without the aid of artificial lift.

The third well in the Slawson drilling program, the Outlaw #16-11-66H, is scheduled to be fracture stimulated next week, and based on the hydrocarbon shows during drilling, the company expects similar results as the Moonshine #1-36H well after flowback and cleanup.

Slawson Exploration has completed the construction of drilling pads for 22 additional Niobrara locations in Weld County.

All 22 of these wells are high-grade locations and have been delineated by the Moonshine and Outlaw wells.