Paragon Energy, Inc., Texas Corporation with corporate offices located at 5005 LBJ Freeway, Suite 300, Dallas, Texas 75244-6162. Paragon Energy, Inc. was formally established in October of 2002, but originally began in 1999.

In March 2004, a Limited Partnership, Paragon Energy Two, LP was created to open up investment opportunities and generate capital for further growth and development, with Paragon Energy GP, LLC being the General Partner of the Partnership. Mr. Kim is sole owner of Paragon Energy, Inc., the partnership, and the Manager of Paragon Energy GP, LLC.

Paragon Energy, Inc. is the owner of oil and gas properties consisting of producing, mineral, royalty, overriding royalty, and working interest of a number of gas wells in Leon, Freestone and Dewitt County, Texas, Wayne County, Mississippi, NE Wyoming, and St. Helena Parish, Louisiana.

Paragon Energy, Inc. is involved in two high potential development projects in Harris County, Texas with the existing wells and the new development being a large part of the Limited Partnership mentioned above. Paragon Energy, Inc. will provide the Management Team to the Partnership providing technical geophysical/geological, engineering and operational field expertise as well as accounting and administrative support services.

Paragon Energy, Inc. is a forward looking company whose management is dedicated to the continued growth and diversification into different aspects of the Oil and Gas Industry. Our focus is on projects that will result in providing real growth to the Paragon Energy Group.

Our goal is to stand out from the ordinary and the mediocre. We are determined to add value and maintain the confidence of our Partners by creating a working plan and reap the rewards for perseverance. Paragon Energy, Inc. will take professionally assessed risks based upon strong Engineering, Geological and Management evaluations to maximize profits. And, as we learn from our experiences of both good and bad, we will utilize them to benefit all aspects of our company.