SMALL SHALLOW OIL UNIT FOR SALE

SMITH CO, TX SALE PKG

5-Producers. 2-Inj. 9-Inactive. 849-Acres

LANE CHAPEL UNIT

PALUXY A SAND FORMATION

Low Decline. Low Risk

Average 8.0% Oil Cut in Last 3 Years

63% OPERATED WI; ~45% NRI

Gross Production: 37 BOPD

Net Volumes: 17 BOPD

Net Cash Flow: ~$33,500/Mn

Est. Cash Flow @ $60/BO: ~$23,500/Mn

NEGOTIATED SALE

STEADY PRODUCTION FOR SALE

PP 2079DV