June 2018 Brochure – Mid-Continent Energy Exchange

Mid-Continent Energy Exchange would like to thank the following sponsors for helping make our June 15th auction possible.

Click here for print version

This is a preliminary listing of lots for sale at our upcoming Wichita Boathouse auction. The contents herein are subject to change.

Last updated 6-10-18 10:33am

Click on a Lease Name to go directly to that lot!

Note: on small-screened devices it may be necessary to scroll right to see all information.

Lot	Lease Name	Interest Type	County, State	Operator
1	Seib #1	ORRI	Ness, KS	Brehm Asset Management
2	Lindholm	Royalty Interest	Kingman, KS	Woolsey Operating Company, LLC
3	Latimer Minerals	Non-Producing Minerals	Latimer, OK	N/A
4	Hrabe D2, D1, Westhusin 1	Operated Lease	Rooks, KS	Garo Investment Company
5	Pierce-Arrow Package	Royalty Interest	Crockett, TX	Thompson, J. Cleo
6	Kay County OK Operated Lease Package	Operated Lease	Kay, OK	Klinger Energy, Inc.
7	Combined with Lot 6	Operated Lease	Kay, OK	Klinger Energy, Inc.
8	Lippelmann	ORRI	Thomas, KS	ELK Energy Holdings LLC
8a	Lippelmann	ORRI	Thomas, KS	ELK Energy Holdings LLC
9	Combined with Lot 6
10	Combined with Lot 6
11	Hunter 1-25	ORRI	Stafford, KS	Rama Operating Co
12	Combined with Lot 6
12a	Rohleder Trust	PWI	Logan, KS	Red Oak Energy
12b	Walker	PWI	Logan, KS	Red Oak Energy
13	Combined with Lot 6
14	Nancy Betty Lukens Angell	ORRI	Barber, KS	Charles N Griffin
15	Combined with Lot 6
16	Gould	Operated Lease	Logan, KS	Murfin Drilling Co., Inc.
17	Belle	PWI	Barber, KS	Charles N. Griffin
18	Mowry Trust	ORRI	Graham, KS	Red Oak Energy, Inc.
19	Dible	ORRI	Wallace, KS	McGinness Oil Co
20	Hess-Christy	Operated Lease	Logan, KS	Grand Mesa Operating Company
20a	Hess-Christy	ORRI	Logan, KS	Grand Mesa Operating Company
20b	Hess-Christy	ORRI	Logan, KS	Grand Mesa Operating Company
21	Harris B/Rugan	PWI	Barton, KS	Big O LLC
22	American Oil Graham Co Package	Operated Lease	Graham, KS	American Oil LLC.
23	Lang	ORRI	Stafford, KS	Coral Production Co.
24	Shannon	PWI	Russell, KS	Big O LLC
25	Hund	Operated Lease	Gove, KS	Grand Mesa Operating Company
25a	Hund	ORRI	Gove, KS	Grand Mesa Operating Company
25b	Hund	ORRI	Gove, KS	Grand Mesa Operating Company
26	Krug #1	PWI	Russell, KS	Big O LLC
27	Swob 1	ORRI	Rush, KS	Black Stone Petroleum, LLC
28	HWZ	Operated Lease	Gove, KS	Grand Mesa Operating Company
28a	HWZ	ORRI	Gove, KS	Grand Mesa Operating Company
28b	HWZ	ORRI	Gove, KS	Grand Mesa Operating Company
29	MAP	Operated Lease	Gove, KS	Grand Mesa Operating Company
29a	MAP	ORRI	Gove, KS	Grand Mesa Operating Company
29b	MAP	ORRI	Gove, KS	Grand Mesa Operating Company
30	NLT	Operated Lease	Trego, KS	Grand Mesa Operating Company
30a	NLT	ORRI	Trego, KS	Grand Mesa Operating Company
30b	NLT	ORRI	Trego, KS	Grand Mesa Operating Company
31	S & L	Operated Lease	Gove, KS	Grand Mesa Operating Company
31a	S & L	ORRI	Gove, KS	Grand Mesa Operating Company
31b	S & L	ORRI	Gove, KS	Grand Mesa Operating Company
32	SC-LR	Operated Lease	Scott, KS	Grand Mesa Operating Company
32a	SC-LR	ORRI	Scott, KS	Grand Mesa Operating Company
32b	SC-LR	ORRI	Scott, KS	Grand Mesa Operating Company
33	STOLL	Operated Lease	Scott, KS	Grand Mesa Operating Company
33a	STOLL	ORRI	Scott, KS	Grand Mesa Operating Company
33b	STOLL	ORRI	Scott, KS	Grand Mesa Operating Company
34	Heard ‘N’	Operated Lease	Gove, KS	Reef Operating, Inc
35	Smith	Operated Lease	Gove, KS	Reef Operating, Inc.
36	Worchester	Operated Lease	Graham, KS	Reef Operating, Inc.
37	Wernli	Operated Lease	Greenwood, KS	IGWT, Inc.
38	Swob 1	ORRI	Rush, KS	Black Stone Petroleum, LLC
39	Zelda #1	PWI	Love, OK	L. E Jones Operating
40	Dody “1A” and Dody “C”	Operated Lease	Haskell, KS	Western Pacific Farms, Inc.
41	Gresham John Unit	ORRI	Leon, TX	Covey Park Operating, LLC
42	Quincy 225 Screw Compressor	Equipment	Clark, KS	N/A
43	Madden ‘A’ #1, 2 & 4 SWD, Massier ‘A’ #1-9, KST ‘A’ #1-3	PWI	Ellis, KS	McCoy Petroleum Corp
44	Sims	PWI	Pawnee, KS	Big O LLC
45	Denker J	PWI	Stafford, KS	Big O LLC
46	Gerhardt Trust	ORRI	Stafford, KS	Coral Production Corp
47	Boese I #1	ORRI	Ness, KS	Pickrell Drilling Company Inc.
48	L. Harrison	Operated Lease	Stafford, KS	Thomas Garner Inc.
49	Lippelmann	Operated Lease	Decatur, KS	Murfin Drilling Company, Inc.
50	Ritter ‘A’ #1-32 and Evelyn ‘A’ #1-27	PWI	Decatur, KS	Great Plains Energy
51	Shirley	Operated Lease	Decatur, KS	Murfin Drilling Company, Inc.
52	Caroline #1	PWI	Barber, KS	Charles N. Griffin
53	Wessler, Collingwood, Lambert, Wettstein	Operated Lease	Seward, KS	Western Pacific Farms
54	3D Family-Hannah	ORRI	Gove, KS	Palomino Petroleum Inc.
55	Goering J	ORRI	McPherson, KS	Olympic Oil Inc.
56	Goley/Beachner/Hobson/Barnes	Operated Lease	Crawford & Labette, KS	Legend Energy, LLC
57	Stull	ORRI	Pratt, KS	Siroky Oil Management
58	Spangenberg 35-3	ORRI	Stafford, KS	Coral Production Co.
59	SKYY #2-33HC	PWI	Rogermills, OK	Apache Corp.
59a	Lot Removed
60	Dan State 1-31	PWI	Cleveland, OK	Zenergy, Inc.
61	Ratzlaff #3-8	PWI	Beaver, OK	Raydon Exploration
62	Levigne Unit	RI	Liberty, TX	Ballard Exploration Company, Inc.
63	Jendrusch Unit	RI	Karnes, TX	Encana Oil & Gas Inc.
64	Janne Lease	Operated Lease	Russell, KS	H&D Exploration, LLC
65	LB Exploration PWI Package	PWI	Barber, KS	LB Exploration
66	Blatner Unit #1	ORRI	Ness, KS	Palomino Petroleum, Inc.
67	Gwen #1	ORRI	Ness, KS	Brehm Asset Management
68	Jean Gerber Minerals	Mineral Acres	Barber, KS	N/A
69	Terese #1H	ORRI	Barber, KS	Griffin Management, LLC
70	Wells 1-9	ORRI	Ness, KS	Grand Mesa Operating Company
71	Simpson 1-4	ORRI	Ness, KS	Grand Mesa Operating Company
72	Sargent 1-20	ORRI	Ness, KS	Grand Mesa Operating Company
73	Rothe 1-18	ORRI	Ness, KS	Grand Mesa Operating Company
74	Breit-Hoss 1-22	ORRI	Ness, KS	Grand Mesa Operating Company
75	Hoss 1-27	ORRI	Ness, KS	Grand Mesa Operating Company
76	Harris 1-2	ORRI	Ness, KS	Grand Mesa Operating Company
77	Ponce Lease Minerals	RI	Rice, KS	Kraft Oil and Gas LLC
78	Dargel #1 / Mary SWD	PWI	Kiowa, KS	Roberts Resources, Inc.

Lot #1
Lease Name	Type	Operator	Legal Description
Seib #1	ORRI	Brehm Asset Management	NE Sec 27 20S 21W
County & State	Decimal Interest	Acres	Operating Expenses	Income (5mo)
Ness, KS	.0025	10		$130.66
Seller Comments				$26.13/mo

Lot #2
Lease Name	Type	Operator	Legal Description
Lindholm	Royalty Interest	Woolsey Operating Company, LLC	E/2 SW Sec 14 28S 5W
County & State	Decimal Interest	Acres	Operating Expenses	Income (12mo)
Kingman, KS	.015625	80		$337.74
Seller Comments				$28.15/mo
Click here for check stubs

Lot #3
Lease Name	Type	Operator	Legal Description
Latimer Minerals	Non-Producing Minerals		Sec 4 6N 20E
County & State	Decimal Interest	Acres	Operating Expenses	Income
Latimer, OK		5.625 Net Mineral Acres
Seller Comments
These minerals are currently open with no current lease.

Lot #4

Lease Name

Type

Operator

Legal Description

Hrabe D2, D1, Westhusin 1 (w/ injection well)

Operated Lease

Garo Investment Company

Hrabe: Sec 12 09S 17W & Westhusin: Sec 11 09S 17W

County & State

GWI

NRI

Operating Expenses

Income

Rooks, KS

100

$1,876/mo

Seller Comments

Well Number	Producing Formation	Spud Date	Completion Date	Gross BOPD	Gross MCFD	Gross BBL H20/Day	Cumulative Oil Production	Cumulative Gas Production
Hrabe D1 Hrabe D2	Lansing	11/13/67	11/18/67	1.49BOPD	N/A		72,407.53	N/A
Westhusin 1 API 15-163-22398	Kansas City Group	06/04/84	07/07/84	.30 BOPD	N/A		109.369.12	N/A

New tank battery with heater ($6,000.00)

Total Expenses: Pumper $500, Chemical $376, Electrical $1,000

New pumpjack on the Hrabe D1 would increase lease production by 3-4 per day.

There is another drillsite on the Westhusin lease.

Pump went down on the primary well when the price of oil was low, so it wasn’t replaced. A new pump would increase the production to 7-8 BOPD, and a larger pump would increase it to 10BOPD. ~~MIT test will be completed the week prior to auction.~~ MIT passed 6-11-18. Pump has been rebuilt, 3 belts being replaced on pumpjack. Well is producing between 3 and 3.5 BOPD with a 7-8BOPD potential for the whole lease based on historical production.

Click here for additional info

Lease Name

Type

Operator

Legal Description

Westhusin

ORRI

Garo Investment Company

Westhusin: Sec 11 09S 17W

County & State

Decimal Interest

Operating Expenses

Income (12mo)

Rooks, KS

.0625

$348.21

Seller Comments

Click here for check stubs

Lot #5
Lease Name	Type	Operator	Legal Description
Pierce-Arrow Package	Royalty Interest	Thompson, J. Cleo	See additional information
County & State	Decimal Interest	Acres	Operating Expenses	Income (3mo)
Crocket, TX	See additional information			$273.30
Seller Comments				$91.10/mo
The wells in this package are located primarily in the Canyon Sand formation within the Permian Basin, located in Crockett County, Texas.The Permian Basin has been a fixture in the oil industry for nearly a century. Located in southwestern Texas and southeastern New Mexico, the Permian is a large oil basin 250 miles wide and 300 miles long, with an estimated 20 billion barrels of undiscovered oil still sitting underground. Currently, the EIA reports that the Permian is producing 2.2 million barrels of oil per day, accounting for 23 percent of current US crude oil production: more than the Bakken and Eagle Ford combined. Recently, operators have stepped up competition in the area. In 2016, the oil industry spent $28 billion on land acquisitions in the Permian, which was three times the amount spent in 2015. These purchases constituted 39 percent of all deals nationally, with no other single major U.S. oil region seeing activity more than one third of that $28 billion number. This has translated into increased drilling, with the number of rigs in the basin up 28 percent in the past year. In short, the Permian Basin is one of the largest contributors to a resurgence in American oil. 55 horizontal producing wells. 5.26% oil, 35.35% gas, 59.39% NGL Cash flow represents 10% of check statements. Click here for additional information

Lot #6

Lease Name

Type

Operator

Legal Description

Bettie Lee 1

Operated Lease

Klinger Energy, Inc.

NW4 Sec 25 25N 01E

County & State

GWI

NRI

Operating Expenses

Income

Kay, OK

100

.78

Seller Comments

Current production:

Pagel A is .3 BOPD, gas is 8 MCF/D. Has been shut in for several months. 3.5 BWPD

Brown 2 is .48 BOPD, gas is .86 MCF/D. 2.5 BWPD

Bettie Lee is .7 BOPD, gas is 1.5 MCF/D. Has been shut in for several months. 80 BWPD

Nancy A2 is .32 BOPD, gas is 4.8 MCF/D. 3.5 BWPD

Reis 2 is .15 BOPD, gas is 5 MCF/D. 2 BWPD

Nancy B1 I’ve never produced since I’ve owned it.

Brown-Lebeda 1 has been shut in for several months.

Reis 2 is perf’d in the Miss Chat, just needs acidized and fracked.

Operator has a commercial swd that the Pagel A, Brown 2, Bettie Lee, and Brown-Lebeda 1 are hooked up to. The Reis 2 is within 50’ of a 2” poly line that goes to this swd. Nancy A2 water operator has been hauling with his own truck. Water production from all these wells amounts to about 100 bbl/d.

Salt water agreement with operator: 2yr contract. First year no charge on first 200bbl/day then 25 cents/bbl over 200/day. Second year 25 cents/bbl on all water. Contract will be up for renewal after second year.

Operator has another business that’s taking his attention and funding. He can’t do what needs to be done with these leases.

40 Acres

Crude purchased by Coffeyville Resources Ref. & Mktg. LLC

Gas purchased by Mustang Gas Products, LLC

Currently shut-in.

Well Number	Producing Formation	Spud Date	Completion Date	Gross BOPD	Gross MCFD	Gross BBL H2O/Day	Cumulative Oil Production	Cumulative Gas Production
1	Miss. Line	May 17, 2007	May 28, 2007	.7	1.5	N/A
Surface Casing	Production Casing	Tubing	Rods	Pump	Pumping Unit	Engine	Tank Battery	Separator Treater
8 5/8″	5 1/2″	2 3/8″	3/4″	1 3/4″ tubing pump	114 Lufkin grasshopper unit	346 Fairbanks	Shares tank battery with Brown 2

Lease Name

Type

Operator

Legal Description

Brown 2

Operated Lease

Klinger Energy, Inc.

C NW NW Sec 25 25N 01E

County & State

GWI

NRI

Operating Expenses

Income

Kay, OK

100

.78

Seller Comments

60 Acres

Crude purchased by Coffeyville Resources Ref. & Mktg. LLC

Gas purchased by Mustang Gas Products, LLC

Well Number	Producing Formation	Spud Date	Completion Date	Gross BOPD	Gross MCFD	Gross BBL H2O/Day	Cumulative Oil Production	Cumulative Gas Production
2	Miss. Line	Jan. 23, 1987	Jan. 28, 1987	.48	.86	255
Surface Casing	Production Casing	Tubing	Rods	Pump	Pumping Unit	Engine	Tank Battery	Separator Treater
8 5/8″	5 1/2″	2 3/8″	3/4″	1 1/2″ insert	American T17	7 1/4 x 8 Ajax	1-210 oil tank 1-210 water tank	1-30×10 sep. 1-4×20 h-t

Lease Name

Type

Operator

Legal Description

Brown-Lebeda 1

Operated Lease

Klinger Energy, Inc.

C SE NW Sec 25 25N 01E

County & State

GWI

NRI

Operating Expenses

Income

Kay, OK

100

.875

Seller Comments

20 Acres

Gas purchased by Mustang Gas Products, LLC

Currently shut in.

Well Number	Producing Formation	Spud Date	Completion Date	Gross BOPD	Gross MCFD	Gross BBL H2O/Day	Cumulative Oil Production	Cumulative Gas Production
1	Skinner	Dec. 31, 1969	Jan. 27, 1970			0
Surface Casing	Production Casing	Tubing	Rods	Pump	Pumping Unit	Engine	Tank Battery	Separator Treater
8 5/8″	4 1/2″	2 3/8″	3/4″	1 1/4″ insert	Happy TS167B	10hp electric motor		2X6 separator. 3X15 H-T

Lease Name

Type

Operator

Legal Description

Nancy A2

Operated Lease

Klinger Energy, Inc.

NW Sec 20 25N 01E

County & State

GWI

NRI

Operating Expenses

Income

Kay, OK

100

.8125

Seller Comments

40 Acres

Crude purchased by Coffeyville Resources Ref. & Mktg. LLC

Gas purchased by Mustang Gas Products, LLC

Well Number	Producing Formation	Spud Date	Completion Date	Gross BOPD	Gross MCFD	Gross BBL H2O/Day	Cumulative Oil Production	Cumulative Gas Production
A2	Miss Lime	Dec. 17, 1987	Dec. 27, 1987	.32	4.8
Surface Casing	Production Casing	Tubing	Rods	Pump	Pumping Unit	Engine	Tank Battery	Separator Treater
8 5/8″	5 1/2″	2 7/8″			Happy TS167B	208 Fairbanks	1-210 oil tank	1-30″X10′ Knockout

Lease Name

Type

Operator

Legal Description

Nancy B1

Operated Lease

Klinger Energy, Inc.

NE Sec 20 25N 01E

County & State

GWI

NRI

Operating Expenses

Income

Kay, OK

100

.8125

Seller Comments

40 Acres

Crude purchased by Coffeyville Resources Ref. & Mktg. LLC

Gas purchased by Mustang Gas Products, LLC

Currently shut-in

Well Number	Producing Formation	Spud Date	Completion Date	Gross BOPD	Gross MCFD	Gross BBL H2O/Day	Cumulative Oil Production	Cumulative Gas Production
B1	Miss Lime	Sept. 20, 1988	Oct. 10, 1988
Surface Casing	Production Casing	Tubing	Rods	Pump	Pumping Unit	Engine	Tank Battery	Separator Treater
8 5/8″	5 1/2″						Shares Nancy A2 Tank Battery

Lease Name

Type

Operator

Legal Description

Pagel A

Operated Lease

Klinger Energy, Inc.

NW Sec 25 25N 01E

County & State

GWI

NRI

Operating Expenses

Income

Kay, OK

100

.865

Seller Comments

20 Acres

Crude purchased by Coffeyville Resources Ref. & Mktg. LLC

Gas purchased by Mustang Gas Products, LLC

Currently shut-in.

Well Number	Producing Formation	Spud Date	Completion Date	Gross BOPD	Gross MCFD	Gross BBL H2O/Day	Cumulative Oil Production	Cumulative Gas Production
A	Miss Lime	Apr. 4, 1987	Apr. 16, 1987	.3	8
Surface Casing	Production Casing	Tubing	Rods	Pump	Pumping Unit	Engine	Tank Battery	Separator Treater
8 5/8″	5 1/2″	2 3/8″	3/4″	1 1/2″ insert	Alten 114	346 Fairbanks	1- 210 bbl oil tank. 1-210 bbl. H20 tank. 1-200 bbl. H20 tank.	30″X10′ three stage separator

Lease Name

Type

Operator

Legal Description

Reis 2

Operated Lease

Klinger Energy, Inc.

NW Sec 35 25N 01E

County & State

GWI

NRI

Operating Expenses

Income

Kay, OK

100

.78

Seller Comments

81 Acres

Crude purchased by Coffeyville Resources Ref. & Mktg. LLC

Gas purchased by Mustang Gas Products, LLC

Well Number	Producing Formation	Spud Date	Completion Date	Gross BOPD	Gross MCFD	Gross BBL H2O/Day	Cumulative Oil Production	Cumulative Gas Production
2	Mississippi	Oct. 28, 1985	Nov. 7, 1985	.15	5	95
Surface Casing	Production Casing	Tubing	Rods	Pump	Pumping Unit	Engine	Tank Battery	Separator Treater
8 5/8″	4 1/2″	2 3/8″	3/4″	1/2″ insert	80 Lufkin	C46 Arrow	1-300 oil tank	4×20 h-t

Lot #8
Lease Name	Type	Operator	Legal Description
Lippelmann	ORRI	ELK Energy Holdings LLC	NW Sec 14 10S 33W
County & State	Decimal Interest	Acres	Operating Expenses	Income (6mo)
Thomas, KS	.01	10		$5,079.18
Seller Comments				$846.53/mo
Nov-17 $475.66 Dec-18 $809.28 Jan-18 $807.19 Feb-18 $879.20 Mar-18 $978.19 Apr-18 $1,219.66 Well sold 1,954 BBL from May 1 to May 22 Lease sold 11,488 BBL in 152 days from 1/21/17 through 05/22/18 Averaged 75.5 BOPD The Lippelmann went down 5/22/18 for what was believed to be a tubing leak. After long stroking the pump, production was regained. June 6-2018 production was 89BBL Well bore only ORRI. Lot 8a is an identical interest. Click here for run statements.

Lot #8a
Lease Name	Type	Operator	Legal Description
Lippelmann	ORRI	ELK Energy Holdings LLC	NW Sec 14 10S 33W
County & State	Decimal Interest	Acres	Operating Expenses	Income (6mo)
Thomas, KS	.01	10		$5,079.18
Seller Comments				$846.53/mo
Nov-17 $475.66 Dec-18 $809.28 Jan-18 $807.19 Feb-18 $879.20 Mar-18 $978.19 Apr-18 $1,219.66 Well sold 1,954 BBL from May 1 to May 22 Lease sold 11,488 BBL in 152 days from 1/21/17 through 05/22/18 Averaged 75.5 BOPD The Lippelmann went down 5/22/18 for what was believed to be a tubing leak. After long stroking the pump, production was regained. June 6-2018 production was 89BBL Well bore only ORRI. Lot 8 is an identical interest. Click here for run statements.

Lot #11
Lease Name	Type	Operator	Legal Description
Hunter 1-25	ORRI	Rama Operating Co.	NE Sec 25 24S 12W
County & State	Decimal Interest	Acres	Income (2017)	Income 4 months (2018)
Stafford, KS	.013672	160	$1,227.88	$536.96
Seller Comments			$102.32/mo	$134.24/mo
2014 – 2049 BBL 2015 – 1299 BBL 2016 – 1310 BBL 2017 – 1807 BBL 2018 through Feb – 347 BBL

Lot #12a
Lease Name	Type	Operator	Legal Description
Rohleder Trust	PWI	Red Oak Energy	NE Sec 35 11S 32W
County & State	GWI	NRI	Operating Expenses	Income (5mo)
Logan, KS	.015	.012	$320.49	$1,928.92
Seller Comments			$64.10/mo	$385.78/mo
2 well lease

Lot #12b
Lease Name	Type	Operator	Legal Description
Walker	PWI	Red Oak Energy	SE Sec 25 16S 35W
County & State	GWI	NRI	Operating Expenses	Income (5mo)
Logan, KS	.01332		$135.96	$1,894.03
Seller Comments			$27.19/mo	$378.81
30,396bbls

Lot #14
Lease Name	Type	Operator	Legal Description
Nancy	ORRI	Charles N Griffin	SW14 & E2SE Sec 15 32S 12W less ROW
County & State	Decimal Interest	Acres	Operating Expenses	Income
Barber, KS	.001	236 MOL	None	$9/mo
Seller Comments
Lease produces 5.01 BOPD and 7 MCFD

Lease Name	Type	Operator	Legal Description
Betty	ORRI	Charles N Griffin	NW/14 and S2NE Sec 15 32S 12W
County & State	Decimal Interest	Acres	Operating Expenses	Income
Barber, KS	.00175	200 MOL	None	$19/mo
Seller Comments
Lease produces 6.68 BOPD

Lease Name	Type	Operator	Legal Description
Lukens	ORRI	Charles N Griffin	Part of Sec 12 32S 12W and part of Sec 7 32S 11W
County & State	Decimal Interest	Acres	Operating Expenses	Income
Barber, KS	.001	250 MOL	None	$7/mo
Seller Comments
Lease produces 4.2 BOPD

Lease Name	Type	Operator	Legal Description
Angell	ORRI	Charles N Griffin	W/2 and W/2 E/2 Sec 1 SW and S/2 NW and E/2 Sec 2 N/2 Sec 11 S/2 NE and NW Sec 12 33S 14W
County & State	Decimal Interest	Acres	Operating Expenses	Income
Barber, KS	.00125	1600 MOL	None	$7/mo
Seller Comments
Lease produces 3.34 BOPD

Total Lot Income	$504.00 (2017)	$42/mo	Based on $50.88/BBL oil price

Lot #16

Lease Name

Type

Operator

Legal Description

Gould

Operated Lease

Murfin Drilling Co., Inc.

NE Sec 11 11S 32W

County & State

GWI

NRI

Operating Expenses

Income

Logan, KS

100

0.84949690

Seller Comments

Crude purchased by MV Purchasing

37 API Gravity

Production

2013 – 1,596 bbl

2014 – 1,129 bbl

2015 – 1,288 bbl

2016 – 1,300 bbl

2017 – 639 bbl through 11-2017

Monthly costs (per month)

Pumper $300

Electricity $226

Chemicals $277

SWD $1900

Well was down 4/17 to 8/17

Well last pulled 8/15/17. Pressure tested tubing, rebuilt rod pump.

Well Number	Producing Formation	Spud Date	Completion Date	Gross BOPD	Gross MCFD	Gross BBL H2O/Day	Cumulative Oil Production	Cumulative Gas Production
1-11	LKC, Lenepah, Johnson	9-3-83	10-24-83	3.2	0	33	97,285	0
Surface Casing	Production Casing	Tubing	Rods	Pump	Pumping Unit	Engine	Tank Battery	Separator Treater
8 5/8 265′	4 1/2 4654′	2 3/8 4566′	3/4″ (182)	2″ x 2.5″ x 12′ rod pump	American 114-133-54	40 HP electric	(1) 10′ x 10′ FG GB, (2) 12’x10′ WSST, (1) 12’x10′ FGWT closed top	N/A

Lot #17
Lease Name	Type	Operator	Legal Description
Belle #1 and #2	PWI	Charles N. Griffin
County & State	GWI	NRI	Operating Expenses	Income
Barber, KS	.02	.016	$1,021.57	$4,904.64
Seller Comments			$85.13/mo	$408.72/mo
Click here for cash flow

Lot #18
Lease Name	Type	Operator	Legal Description
Mowry Trust	ORRI	Red Oak Energy, Inc.	S/2 Sec 21 8S 25W
County & State	Decimal Interest	Acres	Income (2017)	Income 4 months (2018)
Graham, KS	.009375	320	$754.55	$341.39
Seller Comments			$62.87/mo	$85.35/mo
2014 – 3223 BBL 2015 – 2733 BBL 2016 – 1930 BBL 2017 – 1626 BBL 2018 through Feb – 327 BBL

Lot #19
Lease Name	Type	Operator	Legal Description
Dible	ORRI	McGinness Oil Co	NE Sec 25 15S 42W
County & State	Decimal Interest	Acres	Income (2017)	Income 4 months (2018)
Wallace, KS	.03125	160	$2,080.31	$1,185.94
Seller Comments			$173.35/mo	$296.49/mo
2014 – 2185 BBL 2015 – 1825 BBL 2016 – 1315 BBL 2017 – 1487 BBL 2018 – 317 BBL through Feb

Lot #20

Lease Name

Type

Operator

Legal Description

Hess-Christy

Operated Lease

Grand Mesa Operating Company

SW NE NE NE Sec 34 13S 32W

County & State

GWI

NRI

Operating Expenses

Income (12mo)

Logan, KS

100

.8050781

$28,180.33

$24,705.00

Seller Comments

$2,348.36/mo

$2,058.75/mo

320 Acres

Crude purchased by CHS McPherson Refinery Inc.

27° Oil Gravity

Click here for cash flow

Well Number	Producing Formation	Spud Date	Completion Date	Gross BOPD	Gross MCFD	Gross BBL H2O/Day	Cumulative Oil Production	Cumulative Gas Production
1-34	CHRK	9-07-11	11-02-11	1.6	0	.3	14695	0
Surface Casing	Production Casing	Tubing	Rods	Pump	Pumping Unit	Engine	Tank Battery	Separator Treater
8 5/8″ 23# @ 220′	5 1/2″, 15.5# J-55 @ 4669′	2 7/8″ @ 4589′	61-7/8″ 124-3/4″ 2-7/8 PONY RODS	2 1/2 X 2 X 16 RWT	SENTRY C-160- 200-74	C-96	3-200BBL WSST 1-210BBL FGGB 1-200BBL FGSWT	N/A

Lot #20a
Lease Name	Type	Operator	Legal Description
Hess-Christy	ORRI	Grand Mesa Operating Company	SW NE NE NE Sec 34 13S 32W
County & State	Decimal Interest	Acres		Income (12mo)
Logan, KS	.01279687			$392.89
Seller Comments				$32.74/mo

Lot #20b
Lease Name	Type	Operator	Legal Description
Hess-Christy	ORRI	Grand Mesa Operating Company	SW NE NE NE Sec 34 13S 32W
County & State	Decimal Interest	Acres		Income (12mo)
Logan, KS	.013125			$403.00
Seller Comments				$33.58/mo

Lot #21
Lease Name	Type	Operator	Legal Description
Harris B	PWI	Big O LLC	Sec 30 19S 12W
County & State	GWI	NRI	Operating Expenses	Income (11mo)
Barton, KS	.75	.65625	$110,581.62	$75,252.03
Seller Comments			$10,052.87/mo	$6,841.09/mo
Harris B water goes to Rugan SWD Cash flow from 4/2017 thru 3/2018 7.50 BOPD For any questions please call Rick Kirkpatrick 620-791-7709 or Greg Feist 620-793-0205

Lease Name	Type	Operator	Legal Description
Rugan	PWI	Big O LLC	Sec 25 19S 13W
County & State	GWI	NRI	Operating Expenses	Income (11mo)
Barton, KS	.75	.5859375	$30,760.68	$43,307.31
Seller Comments			$2,796.43/mo	$3,937.02/mo
Cash flow from 4/2017 thru 3/2018 4.18 BOPD For any questions please call Rick Kirkpatrick 620-791-7709 or Greg Feist 620-793-0205

Lot #22
Lease Name	Type	Operator	Legal Description
Denning #1	Operated Lease	American Oil LLC.	SE SE SW Sec 32 9S 21W
County & State	GWI	NRI	Operating Expenses	Income
Graham, KS	100%	.80
Seller Comments			$1,187.60/mo
Click here for additional information 3BBL/day average over last 30 days 4000 BBLS Polymer June 22nd, 2016—-June 25th, 2016 Drilled 1950 Cumulative Production: 297,397.82 BBLS New 5.5” welded liner set @ 3825 Open Hole Arbuckle 3828-3834 2 7/8 Tubing

Lease Name	Type	Operator	Legal Description
Rudman #3	Operated Lease	American Oil LLC.	NW NE Sec 4 10S 21W
County & State	GWI	NRI	Operating Expenses	Income
Graham, KS	100%	.80
Seller Comments			$1,189.67/mo
Click here for additional information Currently not producing. 5720 BBLS Polymer June 16th, 2016—-June 20th, 2016 Drilled 2006 Cumulative Production: 13,437.57 BBLS 5 1/2” Casing Arbuckle Perfs 3856-3876 4spf Cased TD 3916

Lease Name	Type	Operator	Legal Description
Rudman #2	Operated Lease	American Oil LLC	NW NE Sec 5 10S 21W
County & State	GWI	NRI	Operating Expenses	Income
Graham, KS	100%	.80
Seller Comments			$1,569.40/mo
Click here for additional information Currently not producing. 2800 BBLS Polymer June 26th, 2016—-June 28th, 2016 Drilled 1950 Cumulative Production: 328,948.05 BBLS 5 1/2” Casing Arbuckle Open Hole 3843-3847

Lease Name	Type	Operator	Legal Description
Yost	Operated Lease	American Oil LLC	SW Sec 21 9S 21W
County & State	GWI	NRI	Operating Expenses	Income
Graham, KS	100%	.80
Seller Comments
Click here for additional information Producing 6BOPD Yost #1 Drilled 2003 5 1/2” Casing 2 7/8” Tubing ¾” Rods Producing Formation: Lansing CIBP set over Arbuckle Yost #2 Drilled 2004 2 3/8” Tubing ¾” Rods 5 ½” Casing Producing Formation: Lansing Yost #3 Drilled 2014 5 1/2” Casing 2 7/8” Tubing ¾” Rods Producing Formation: Arbuckle

Lease Name	Type	Operator	Legal Description
Smith #6 SWD	Operated Lease	American Oil LLC.	NW Sec 5 10S 21W
County & State	GWI	NRI	Operating Expenses	Income
Graham, KS	100%	.80
Click here for additional information Injection Zone: Arbuckle Max: Injection Rate: 2500 BBL/day Yost 6.0 bopd Denning 3.0 bopd Rudman not producing. Operator pulled tubing, rods, and pumping unit on Rudman for another project. Rudman 3 produces 6-8 bopd moving 200 bbl total fluid. Rudman 2 produces 5 bopd moving 800 bbl total fluid. Package produces 9 bopd today but capable of 22 – 24 with Rudman online. All water goes to Smith SWD which is selling with this package. Smith capable of accepting 2500 bwpd

Lot #23
Lease Name	Type	Operator	Legal Description
Lang	ORRI	Coral Production Co.	SE NW Sec 2 13S 16W
County & State	Decimal Interest	Acres	Operating Expenses	Income (12mo)
Ellis, KS	.00673	120		$267.14
Seller Comments
2014 – 963 BBL 2015 – 654 BBL 2016 – 829 BBL 2017 – 634 BBL 2018 – through Jan 163 BBL

Lot #24
Lease Name	Type	Operator	Legal Description
Shannon	PWI	Big O LLC	Sec 36 12S 14W
County & State	GWI	NRI	Operating Expenses	Income (11mo)
Russell, KS	.75	.65625	$18,330.42	$20,283.48
Seller Comments			$1,666.40/mo	$1,843.95/mo
Shannon water goes to Krug injection well Cash flow from 4/2017 thru 3/2018 2.07 BOPD For any questions please call Rick Kirkpatrick 620-791-7709 or Greg Feist 620-793-0205

Lot #25

Lease Name

Type

Operator

Legal Description

Hund

Operated Lease

Grand Mesa Operating Company

SE SW NE SW Sec 9 14S 31W

County & State

GWI

NRI

Operating Expenses

Income

Gove, KS

100

.8125

$36,575.98

$18,600.59

Seller Comments

$3,047.99/mo

$1,550.05/mo

320 Acres

Crude purchased by CHS McPherson Refinery Inc.

30° Oil Gravity

Operator pays landowner $1,000/yr to dispose of the Hund water.

Click here for cash flow

Well Number	Producing Formation	Spud Date	Completion Date	Gross BOPD	Gross MCFD	Gross BBL H2O/Day	Cumulative Oil Production	Cumulative Gas Production
1-9	MRRW	2-17-11	3-31-11	1.4	0	8.6	15728	0
Surface Casing	Production Casing	Tubing	Rods	Pump	Pumping Unit	Engine	Tank Battery	Separator Treater
8 5/8″ 23# @ 222′	5 1/2″, 15.5# @ 4685′	2 7/8″ @ 4595′	60-7/8″ 123-3/4″ 2-7/8 PONY RODS	2 1/2 X 1 1/2 X 14 RWT	SENTRY C-160- 200-74	C-96	2-200BBL WSST 1-210BBL FGGB 1-200BBL FGSWT	N/A

Lot #25a
Lease Name	Type	Operator	Legal Description
Hund	ORRI	Grand Mesa Operating Company	SE SW NE SW Sec 9 14S 31W
County & State	Decimal Interest	Acres		Income (12mo)
Gove, KS	.00975			$223.33
Seller Comments				$18.61/mo

Lot #25b
Lease Name	Type	Operator	Legal Description
Hund	ORRI	Grand Mesa Operating Company	SE SW NE SW Sec 9 14S 31W
County & State	Decimal Interest	Acres		Income (12mo)
Gove, KS	.015			$343.58
Seller Comments				$28.63/mo

Lot #26
Lease Name	Type	Operator	Legal Description
Krug #1	PWI	Big O LLC	Sec 1 13S 14W
County & State	GWI	NRI	Operating Expenses	Income (11mo)
Russell, KS	.75	.65625	$14,714.67	$15,053.49
Seller Comments			$1,337.70/mo	$1,368.50/mo
Cash flow from 4/2017 thru 3/2018 1.50 BOPD For any questions please call Rick Kirkpatrick 620-791-7709 or Greg Feist 620-793-0205

Lot #27
Lease Name	Type	Operator	Legal Description
Swob 1	ORRI	Black Stone Petroleum LLC	SW Sec 26 18S 16W
County & State	Decimal Interest	Acres	Operating Expenses	Income (11mo)
Rush, KS	.0025	160	$0	$1,992.49
Seller Comments				$181.14/mo
There were gas shows during the drilling of the Swob wells. The Swob is in the Otis-Albert Field, which is famous for its helium production. There are 2 additional locations identified by 3D seismic and one of these has an approved drilling intent on file with the KCC. The #2 well is strategically located for future EOR in the Reagan Sand. H2Oil successfully drilled and completed a horizontal Reagan Sand well a couple of sections over from the Swob Lease. Oil purchased by Shell and BlackRock Midstream. Lot #38 is an identical interest in this lease.

Lot #28

Lease Name

Type

Operator

Legal Description

HWZ

Operated Lease

Grand Mesa Operating Company

SE SE SE NW Sec 14 13S 31W

County & State

GWI

NRI

Operating Expenses

Income

Gove, KS

100

.81875

$23,311.52

$18,889.91

Seller Comments

$1,942.62/mo

$1,574.16/mo

400 Acres

Crude purchased by CHS McPherson Refinery Inc.

39° Oil Gravity

Click here for cash flow

Well Number	Producing Formation	Spud Date	Completion Date	Gross BOPD	Gross MCFD	Gross BBL H2O/Day	Cumulative Oil Production	Cumulative Gas Production
1-14	MSSP	11-13-12	1-4-13	1	0	.5	5816	0
Surface Casing	Production Casing	Tubing	Rods	Pump	Pumping Unit	Engine	Tank Battery	Separator Treater
8 5/8″ 24# @ 220′	5 1/2″, 15.5# @ 4357′	2 7/8″ @ 4320′	57-7/8″ 115-3/4″ 2-7/8 PONY RODS	2 1/2 X 1 1/2 X 14 RWT	SENTRY C-160- 200-74	C-66	2-200BBL WSST 1-210BBL FGGB 1-200BBL FGSWT	N/A

Lot #28a
Lease Name	Type	Operator	Legal Description
HWZ	ORRI	Grand Mesa Operating Company	SE SE SE NW Sec 14 13S 31W
County & State	Decimal Interest	Acres		Income (12mo)
Gove, KS	.01889064			$436.05
Seller Comments				$36.34/mo

Lot #28b
Lease Name	Type	Operator	Legal Description
HWZ	ORRI	Grand Mesa Operating Company	SE SE SE NW Sec 14 13S 31W
County & State	Decimal Interest	Acres		Income (12mo)
Gove, KS	.019375			$447.23
Seller Comments				$37.26/mo

Lot #29

Lease Name

Type

Operator

Legal Description

MAP

Operated Lease

Grand Mesa Operating Company

NW SW NE NE Sec 35 13S 31W

County & State

GWI

NRI

Operating Expenses

Income

Gove, KS

100

.8250

$19,130.54

$6,080.65

Seller Comments

$1,594.21/mo

$506.72/mo

160 Acres

Crude purchased by CHS McPherson Refinery Inc.

29° Oil Gravity

Click here for cash flow

Well Number	Producing Formation	Spud Date	Completion Date	Gross BOPD	Gross MCFD	Gross BBL H2O/Day	Cumulative Oil Production	Cumulative Gas Production
1-35	JHSN	1-23-13	3-20-13	.95	0	0	3465	0
Surface Casing	Production Casing	Tubing	Rods	Pump	Pumping Unit	Engine	Tank Battery	Separator Treater
8 5/8″ 23# @ 221′	5 1/2″, 15.5# @ 4565′	2 7/8″ @ 4519′	50-7/8″ 120-3/4″ 2-7/8 PONY RODS	2 1/2 X 1 1/2 X 14 RWT	SENTRY C-160- 200-74	25HP ELECT MTR	2-200BBL WSST 1-210BBL FGGB 1-200BBL FGSWT	N/A

Lot #29a
Lease Name	Type	Operator	Legal Description
MAP	ORRI	Grand Mesa Operating Company	NW SW NE NE Sec 35 13S 31W
County & State	Decimal Interest	Acres		Income
Gove, KS	.0195			$143.79
Seller Comments				$11.98/mo

Lot #29b
Lease Name	Type	Operator	Legal Description
MAP	ORRI	Grand Mesa Operating Company	NW SW NE NE Sec 35 13S 31W
County & State	Decimal Interest	Acres		Income (12mo)
Gove, KS	.02			$147.49
Seller Comments				$12.28/mo

Lot #30

Lease Name

Type

Operator

Legal Description

NLT

Operated Lease

Grand Mesa Operating Company

N/2 S/2 S/2 Sec 29 15S 22W

County & State

GWI

NRI

Operating Expenses

Income

Trego, KS

100

.8250

$33,492.90

$12,814.56

Seller Comments

$2,791.80/mo

$1,067.88/mo

640 Acres

Crude purchased by CHS McPherson Refinery Inc.

37° Oil Gravity

Operator pays Thomas Ryan $500 annually for use of tank battery.

Click here for cash flow.

Well Number	Producing Formation	Spud Date	Completion Date	Gross BOPD	Gross MCFD	Gross BBL H2O/Day	Cumulative Oil Production	Cumulative Gas Production
1-29	CHRK SD	2-17-04	2-25-04	2.0	0	315	24340	0
Surface Casing	Production Casing	Tubing	Rods	Pump	Pumping Unit	Engine	Tank Battery	Separator Treater
8 5/8″ 23# @ 236′	5 1/2″, 14# @ 4403′	2 7/8″ @ 4222′	56-7/8″ 112-3/4″ 3-7/8 PONY SUBS	2 1/2 X 2 X 14 RWB	LUFKIN 160-D	25HP ELECT MTR	2-200BBL WSST 1-210BBL FGGB 1-200BBL FGSWT	N/A

Lot #30a
Lease Name	Type	Operator	Legal Description
NLT	ORRI	Grand Mesa Operating Company	N/2 S/2 S/2 Sec 29 15S 22W
County & State	Decimal Interest	Acres		Income (12mo)
Gove, KS	.00975			$151.52
Seller Comments				$12.62/mo

Lot #30b
Lease Name	Type	Operator	Legal Description
NLT	ORRI	Grand Mesa Operating Company	N/2 S/2 S/2 Sec 29 15S 22W
County & State	Decimal Interest	Acres		Income (12mo)
Gove, KS	.0025			$38.00
Seller Comments				$3.17/mo

Lot #31

Lease Name

Type

Operator

Legal Description

S & L

Operated Lease

Grand Mesa Operating Company

W/2 SE SE SE Sec 14 13S 31W

County & State

GWI

NRI

Operating Expenses

Income

Gove, KS

100

.80

$25,419.00

$12,529.38

Seller Comments

$2,118.25/mo

$1,044.12/mo

160 Acres

Crude purchased by CHS McPherson Refinery Inc.

28° Oil Gravity

Click here for cash flow

Well Number	Producing Formation	Spud Date	Completion Date	Gross BOPD	Gross MCFD	Gross BBL H2O/Day	Cumulative Oil Production	Cumulative Gas Production
1-14	CHRK	6-20-12	8-01-12	.9	0	.2	6988	0
Surface Casing	Production Casing	Tubing	Rods	Pump	Pumping Unit	Engine	Tank Battery	Separator Treater
8 5/8″ 24# @ 212′	5 1/2″, 15.5# @ 4696′	2 7/8″ @ 4655′	60-7/8″ 123-3/4″ 4-7/8 PONY RODS	2 1/2 X 1 1/2 X 14 RWT	SENTRY C-160- 200-74	C-96	2-200BBL WSST 1-210BBL FGGB 1-200BBL FGSWT	N/A

Lot #31a
Lease Name	Type	Operator	Legal Description
S & L	ORRI	Grand Mesa Operating Company	W/2 SE SE SE Sec 14 13S 31W
County & State	Decimal Interest	Acres		Income (12mo)
Gove, KS	.0170625			$267.36
Seller Comments				$22.28/mo

Lot #31b
Lease Name	Type	Operator	Legal Description
S & L	ORRI	Grand Mesa Operating Company	W/2 SE SE SE Sec 14 13S 31W
County & State	Decimal Interest	Acres		Income (12mo)
Gove, KS	.0175			$274.21
Seller Comments				$22.85/mo

Lot #32

Lease Name

Type

Operator

Legal Description

SC-LR

Operated Lease

Grand Mesa Operating Company

NW SW NW NE Sec 33 16S 33W

County & State

GWI

NRI

Operating Expenses

Income

Scott, KS

100

.8250

$35,762.58

$11,647.48

Seller Comments

$2,980.22/mo

$970.62/mo

320 Acres

Crude purchased by CHS McPherson Refinery Inc.

28° Oil Gravity

Click here for cash flow

Well Number	Producing Formation	Spud Date	Completion Date	Gross BOPD	Gross MCFD	Gross BBL H2O/Day	Cumulative Oil Production	Cumulative Gas Production
1-33	MARM	11-14-14	2-21-15	1.4	0	1.7	2256	0
Surface Casing	Production Casing	Tubing	Rods	Pump	Pumping Unit	Engine	Tank Battery	Separator Treater
8 5/8″ 23# @ 221′	5 1/2″, 15.5# @ 4833′	2 7/8″ @ 4535′	59-7/8″ 122-3/4″ 5-7/8 PONY RODS	1 1/2 X 2 1/2 X 14 RWT	SENTRY C-160- 200-74	C-66	2-200BBL WSST 1-210BBL FGGB 1-200BBL FGSWT	N/A

Lot #32a
Lease Name	Type	Operator	Legal Description
SC-LR	ORRI	Grand Mesa Operating Company	NW SW NW NE Sec 33 16S 33W
County & State	Decimal Interest	Acres		Income (12mo)
Gove, KS	.025			$353.13
Seller Comments				$29.43/mo

Lot #32b
Lease Name	Type	Operator	Legal Description
SC-LR	ORRI	Grand Mesa Operating Company	NW SW NW NE Sec 33 16S 33W
County & State	Decimal Interest	Acres		Income (12mo)
Gove, KS	.020			$283.00
Seller Comments				$23.58/mo

Lot #33

Lease Name

Type

Operator

Legal Description

STOLL

Operated Lease

Grand Mesa Operating Company

NE SE NE SE Sec 32 16S 33W

County & State

GWI

NRI

Operating Expenses

Income

Scott, KS

100

.8250

$13,234.29

$18,159.73

Seller Comments

$1,102.86/mo

$1,513.31/mo

320 Acres

Crude purchased by CHS McPherson Refinery Inc.

26° Oil Gravity

Click here for cash flow

Well Number	Producing Formation	Spud Date	Completion Date	Gross BOPD	Gross MCFD	Gross BBL H2O/Day	Cumulative Oil Production	Cumulative Gas Production
1-32	MARM	10-31-14	1-30-15	1.5	0	.2	2713	0
Surface Casing	Production Casing	Tubing	Rods	Pump	Pumping Unit	Engine	Tank Battery	Separator Treater
8 5/8″ 23# @ 221′	5 1/2″, 15.5# @ 4648′	2 7/8″ @ 4600′	55-7/8″ 126-3/4″ 4-7/8″ PONY RODS	1 1/2 X 2 1/2 X 14 RWT	SENTRY C-160- 200-74	25HP Electric	2-200BBL WSST 1-210BBL FGGB 1-200BBL FGSWT	N/A

Lot #33a
Lease Name	Type	Operator	Legal Description
STOLL	ORRI	Grand Mesa Operating Company	NE SE NE SE Sec 32 16S 33W
County & State	Decimal Interest	Acres		Income (12mo)
Gove, KS	.025			$550.55
Seller Comments				$45.88/mo

Lot #33b
Lease Name	Type	Operator	Legal Description
STOLL	ORRI	Grand Mesa Operating Company	NE SE NE SE Sec 32 16S 33W
County & State	Decimal Interest	Acres		Income (12mo)
Gove, KS	.02			$441.00
Seller Comments				$36.75/mo

Lot #34

Lease Name

Type

Operator

Legal Description

Heard ‘N’

Operated Lease

Reef Operating, Inc.

SW NE SW Sec 17 14S 28W

County & State

GWI

NRI

Operating Expenses

Income

Gove, KS

100

.82

Seller Comments

Crude purchased by Coffeyville Resources

Sells with lot 35

Current production is 2.5BOPD

Well

Number

Producing

Formation

Spud

Date

Completion

Date

Gross

BOPD

Gross

MCFD

Gross BBL

H2O/Day

Cumulative

Oil Production

Cumulative

Gas Production

Heard ‘N’ 1

10-08-97

10-18-97

N/A

23,927.12

N/A

Lot #35

Lease Name

Type

Operator

Legal Description

Smith

Operated Lease

Reef Operating, Inc.

Sec 18 14S 28W

County & State

GWI

NRI

Operating Expenses

Income

Gove, KS

100

.82

Seller Comments

Crude purchased by Coffeyville Resources

Current production is 1.5BOPD. Currently shut in although operator is still circulating chemicals.

Sells with lot 34

Well Number	Producing Formation	Spud Date	Completion Date	Gross BOPD	Gross MCFD	Gross BBL H2O/Day	Cumulative Oil Production	Cumulative Gas Production
Smith ‘ZZ’		01-05-77	02-01-77	2	N/A			N/A
Smith ‘H’ Supply Well				N/A	N/A		N/A	N/A
Smith ‘ZZ’ Disposal	N/A		06-05-07	N/A	N/A	N/A	N/A	N/A

Lot #36

Lease Name

Type

Operator

Legal Description

Worchester SE 1

Operated Lease

Reef Operating, Inc.

Sec 16 07S 22W

County & State

GWI

NRI

Operating Expenses

Income

Graham, KS

100

.82

Seller Comments

Crude purchased by Coffeyville Resources

Sells with the Worchester SWD. This lease has 3D seismic that will go with the lease.

Well

Number

Producing

Formation

Spud

Date

Completion

Date

Gross

BOPD

Gross

MCFD

Gross BBL

H2O/Day

Cumulative

Oil Production

Cumulative

Gas Production

Worchester SE 1

Arbuckle

10-07-08

10-27-08

2.5

N/A

Lot #37

Lease Name

Type

Operator

Legal Description

Wernli

Operated Lease

IGWT, Inc.

SW Sec 25 22S 12E

County & State

GWI

NRI

Operating Expenses

Income

Greenwood, KS

.50

.4375

Seller Comments

160 Acres

Crude purchased by Coffeyville Resources

The 50% working interest comes with operations. Buyer must have a valid Kansas Operators License. This lease is part of the Lamont field that has recovered over 3.5 MMBO. Upside potential would be

1) Refrac the Bartlesville as it was perfed over a large interval with minimal fracs (example log attached)

2) Add more injection wells.

3) Drill a viola test in the north part of the lease.

Well Number	Producing Formation	Spud Date	Completion Date	Gross BOPD	Gross MCFD	Gross BBL H2O/Day	Cumulative Oil Production	Cumulative Gas Production
2, 4, 5, 6, 7	Bartlesville			2.3		97	63,563
#10 Injection well E19905.5
1, 3, 8, 9, 11 and 12

1, 3, 8, 9, 11 and 12 are TA’d wells with no equipment.

Click here for approval letters and additional information.

Lot #38
Lease Name	Type	Operator	Legal Description
Swob 1	ORRI	Black Stone Petroleum LLC	SW Sec 26 18S 16W
County & State	Decimal Interest	Acres	Operating Expenses	Income (11mo)
Rush, KS	.0025	160	$0	$1,992.49
Seller Comments				$181.14/mo
There were gas shows during the drilling of the Swob wells. The Swob is in the Otis-Albert Field, which is famous for its helium production. There are 2 additional locations identified by 3D seismic and one of these has an approved drilling intent on file with the KCC. The #2 well is strategically located for future EOR in the Reagan Sand. H2Oil successfully drilled and completed a horizontal Reagan Sand well a couple of sections over from the Swob Lease. Oil purchased by Shell and BlackRock Midstream. Lot #27 is an identical interest in this lease.

Lot #39
Lease Name	Type	Operator	Legal Description
Zelda #1	PWI	L. E Jones Operating	Sec 9 07S 01W
County & State	Decimal Interest	Acres	Operating Expenses	Income (12mo)
Love, OK	.11309500		$2,684.75	$7,703.59
Seller Comments			$223.73/mo	$641.97/mo

Lot #40

Lease Name

Type

Operator

Legal Description

Dody “1A” and Dody “C”

Operated Lease

Western Pacific Farms, Inc.

C SE NW Sec 36 28S 31W

County & State

GWI

NRI

Operating Expenses

Income (12 mo)

Haskell, KS

100%

.82

$2,554.47

Seller Comments

$212.87/mo

320 Acres

Crude purchased by CHS McPherson

Well Number	Producing Formation	Spud Date	Completion Date	Gross BOPD	Gross MCFD	Gross BBL H2O/Day	Cumulative Oil Production	Cumulative Gas Production
DODY ‘C’ 1	Miss		11-02-90	1 BOPD combined with DODY ‘A’	N/A	2 BBL/day combined with DODY ‘A’	16,049 BBL Common tank battery	N/A
DODY ‘A’	Miss		01-27-94
Surface Casing	Production Casing	Tubing	Rods	Pump	Pumping Unit	Engine	Tank Battery	Separator Treater
DODY #1A	4.5″	166 JTS 2.375″	218 RODS 3/4″	PERFS: 5410-5418′	LUFKIN SN 216.U TC44AR	20 H.P WEG	Common tank battery
DODY C	5.5″	166 JTS 2.375″	88 RODS 3/4″ 128 RODS 5/8″	PERFS: 5411-5415′	AMERICAN SN T13F54 Size: 80	20 H.P. Team	Common tank battery

Owner operated lease – Buyer needs to calculate their own overhead and pumper cost.

These units are producing, fully operational, and set up with 20HP electric motors.

Since I have owned these wells, I have not judiciously put these wells on an acid drip treatment. About every five years I would have them hot-oiled and an acid job dropped down hole and then swabbed back, always resulting in nice recovery with an estimated 5 BBLD following the treatment.

I sold only one load last year. However the lease produced 2 more loads since then. I retained them in the common tank battery and have profited in the rise in oil price from $40/BBL to mid $60/BBL. One load was sold last week. The next load will be sold prior to July 1st.

it is believed the Dody C in the NW/4 has behind the pipe potential in the Marmaton at 4770′.

Seller believes all information to be correct to best of his knowledge. Seller in no way warrants or makes representation concerning accuracy of files, data, or viewed information. information shell be at the sole risk of the party making use of or reliance on same.

Click here for additional information.

Lot #41
Lease Name	Type	Operator	Legal Description
Gresham John Unit	ORRI	Covey Park Operating, LLC	See additional info
County & State	Decimal Interest	Acres	Operating Expenses	Income (4mo)
Leon, TX	See additional info	576.8		$588.94
Seller Comments				$117.79/mo
The assets in this package are located in the Bossier and Woodbine formations within Leon County, Texas.There have been 7 permits to drill in Leon County over the past 6 months, including one in the Woodbine formation about a mile north of the assets in this package. Operator Covey Park Energy primarily pursues low risk development opportunities and improving existing operations through ongoing technological advances. 5 producing wells. 4 horizontal, 1 vertical. 82.20% oil, 17.80% gas, 0.00% NGL Click here for additional information.

Lot #42
Lease Name	Type	Operator	Legal Description
Quincy 225 Screw Compressor	Equipment
County & State	Decimal Interest	Acres	Operating Expenses	Income
Clark, KS
Seller Comments
A Quincy 225 screw compressor set up with a 25 HP electric motor, electric control panel, suction scrubber, and discharge scrubber. Designed to move wet gas at low pressure. Quincy ASG225 Std Screw Compressor Purchase new Aug 2000 Purchase price new $26,000 Located about 1 mile from Minneola, KS Click here for pictures.

Lot #43
Lease Name	Type	Operator	Legal Description
Madden ‘A’ #1, 2 & 4 SWD	PWI	McCoy Petroleum Corp	SE Sec 21 12S 18W
County & State	GWI	NRI	Operating Expenses	Income (12mo)
Ellis, KS	0.005	0.00125	$974.04	$619.92
Seller Comments			$81.17/mo	$51.66/mo
Washed down old well on lease for saltwater disposal 7/2017 Last 4 months expenses averaged $23.10/mo & income averaged $58.30/mo

Lease Name	Type	Operator	Legal Description
Massier ‘A’ #1-8	PWI	McCoy Petroleum Corp	NW Sec 8 12S 19W
County & State	GWI	NRI	Operating Expenses	Income (12mo)
Ellis, KS	0.0073125	0.0060328	$132.36	$189.54
Seller Comments			$11.03/mo	$15.80/mo


Lease Name	Type	Operator	Legal Description
KST ‘A’ #1-3	PWI	McCoy Petroleum Corp	NS Sec 3 7S 19W
County & State	GWI	NRI	Operating Expenses	Income (12mo)
Rooks, KS	0.01354	0.01110152	$322.32	$330.00
Seller Comments			$26.86/mo	$27.50/mo
Repaired lead line, replace polish rod liner & repair pump. 2/2017. Normal exp average $292.54/yr

Lot #44
Lease Name	Type	Operator	Legal Description
Sims	PWI	Big O LLC	Sec 24 20S 16W
County & State	GWI	NRI	Operating Expenses	Income
Pawnee, KS	.4999	.437325	$25,891.89	$9,848.37
Seller Comments			$2,353.81/mo	$895.31/mo
Cash flow from 4/2017 thru 3/2018 1.50BOPD For any questions please call Rick Kirkpatrick 620-791-7709 or Greg Feist 620-793-0205

Lot #45
Lease Name	Type	Operator	Legal Description
Denker J	PWI	Big O LLC	Sec 10 22S 12W
County & State	GWI	NRI	Operating Expenses	Income (11mo)
Stafford, KS	.625	.546875	$64,407.05	$50,626.20
Seller Comments			$5,855.19/mo	$4,602.38/mo
Cash flow info for 4/2017 thru 3/2018 6.70 BOPD For any questions please call Rick Kirkpatrick 620-791-7709 or Greg Feist 620-793-0205

Lot #46
Lease Name	Type	Operator	Legal Description
Gerhardt Trust	ORRI	Coral Production Corp	N/2 SW SW NW Sec 25 21S 14W
County & State	Decimal Interest	Acres	Operating Expenses	Income (2017)
Stafford, KS	.005			$378.86
Seller Comments
Last 4 months income: $219.82 2014 – 1878 2015 – 1899 2016 – 1883 2017 – 1809 2018 – 299 thru Feb.

Lot #47
Lease Name	Type	Operator	Legal Description
Boese I #1	ORRI	Pickrell Drilling Company Inc.	SE Sec 19 18S 21W
County & State	Decimal Interest	Acres	Operating Expenses	Income (3mo)
Ness, KS	.0133334
Seller Comments				$64.10/mo
Oil Sales 2014 – 479 BBL 2015 – 318 BBL 2016 – 645 BBL Through 6-17 -480 BBL April – June Income (3 Months) $192.32

Lot #48

Lease Name

Type

Operator

Legal Description

L. Harrison

Operated Lease

Thomas Garner Inc.

E/2 SE Sec 26 25S 13W

County & State

GWI

NRI

Operating Expenses

Income

Stafford, KS

100%

.80

Seller Comments

30 gravity

Well Number	Producing Formation	Spud Date	Completion Date	Gross BOPD	Gross MCFD	Gross BBL H2O/Day	Cumulative Oil Production	Cumulative Gas Production
#1 L. Harrison	Simpson	6-1980	9-1980	.51		6.00	32,856
Surface Casing	Production Casing	Tubing	Rods	Pump	Pumping Unit	Engine	Tank Battery	Separator Treater
368′ 8 5/8″	4302′ 4 1/2″	133 joints 2 3/8″	167 3/4″	2″ x 1 1/2′ x 12 RWT	American 80	10HP Electric	1- 10×15 steel stock 1- 10×15 fg water tank	10×15 fg gunbarrel

10hp iron horse VFD drive

Lot #49

Lease Name

Type

Operator

Legal Description

Lippelmann

Operated Lease

Murfin Drilling Company, Inc.

N/2 Sec 16 3S 26W

County & State

GWI

NRI

Operating Expenses

Income

Decatur, KS

100%

0.80

Seller Comments

320 Acres

Tubing job on Lippelmann 1-16 completed in March

Lippelmann 4-16 returned to production 2-26-18

Well Number	Producing Formation	Spud Date	Completion Date	Gross BOPD	Gross MCFD	Gross BBL H2O/Day	Cumulative Oil Production	Cumulative Gas Production
1-16	Oread, Tor, LKC A, B, D, H, J, K	8-19-82	8-26-82	1.9		401	Lease: 393,238
3-16 Inj	Tor, LKC A, B, D, H, J	8-7-83	8-31-83
4-16	Tor, LKC A, B, D, H, J, K	9-7-84	11-7-84	1.5		160
Surface Casing	Production Casing	Tubing	Rods	Pump	Pumping Unit	Engine	Tank Battery	Separator Treater
8 5/8″ @ 218′	5 1/2″ @ 3868′	2 7/8″ @ 3656′	39 x 3/4″; 105x 7/8″	2 1/2 x 2 x 18′	Emsco 228-246-86	40 hp	3- 12×10 ST (1 is junk), 1- 12×10 FG SWT	10′ x 15′ FG GB
8 5/8″ @ 215′	4 1/2″ @ 3719′	2 3/8″ Duoline @ 3412′
8 5/8″ @ 260′	4 1/2″ @ 3875′	2 3/8″ @ 3692′	146 x 3/4″	2 x 1 1/2 x 12′	National 114	25 hp

3-16 Inj has Elder Loc-Set packer @ 3412′
Passed MIT on 5-15-18
Transfer pump: Gould 1 1/4 x 1 1/2 x 5, motor: Dayton 2 hp, 4′ x 8′ wooden shed over pump.

Seismic data not included.

Lot #50
Lease Name	Type	Operator	Legal Description
Ritter ‘A’ #1-32	PWI	Great Plains Energy	NW Sec 32 3S 26W
County & State	GWI	NRI	Operating Expenses	Income (12mo)
Decatur, KS	0.01325	0.0106	$381.24	$832.32
Seller Comments			$31.77/mo	$69.36/mo


Lease Name	Type	Operator	Legal Description
Evelyn ‘A’ #1-27	PWI	Great Plains Energy	SW Sec 27 3S 26W
County & State	GWI	NRI	Operating Expenses	Income (12mo)
Decatur, KS	0.01325	0.0106	$5,333.64	$1,538.28
Seller Comments			$444.47/mo	$128.19/mo
Well drilled 6/2017 POP mid 8/2017 Last 6 months, expenses averaged $20.28/mo & income averaged $120.59/mo

Lot #51

Lease Name

Type

Operator

Legal Description

Shirley

Operated Lease

Murfin Drilling Company, Inc.

See Comments

County & State

GWI

NRI

Operating Expenses

Income

Decatur, KS

0.9166667

0.7458334

Seller Comments

Legal Description is as follows: W2SW and W2SE of Section 9-3S-26W down to 3679′ on Shirley 1-9

160 acres

Shirley 1-9 run once a week every other month

Well Number	Producing Formation	Spud Date	Completion Date	Gross BOPD	Gross MCFD	Gross BBL H2O/Day	Cumulative Oil Production	Cumulative Gas Production
1-9	Tor, LKC A, B, D, H, J, K	11-20-83	12-14-83	1.25		97	135,418
Surface Casing	Production Casing	Tubing	Rods	Pump	Pumping Unit	Engine	Tank Battery	Separator Treater
8 5/8″ @ 308′	4 1/2″ @ 3715′	2 3/8″ @ 3637′	143 x 3/4″	2 x 1 1/2 x 12′	National 160-173-74	25 hp	3- 12 x 10 ST (1 is junk) 1- 12×10 FG SWT	10′ x 15′ FG GB

Kerr KJ 2250 Injection pump, 10 hp 1133 RPM motor, 10′ x 14′ wooden shed over pump.
Water is pumped to the Lippelmann lease.

Lease Description: Insofar and only insofar as said lease covers the W2SW & W2SE Section 9-3S-26W, Decatur County, KS, from the surface of the earth down to the stratigraphic equivalent of the subsurface depth of 3679′ as encountered in the Murfin Drilling Company Shirley #1-9 well located 330′ FSL & 990′ FWL or to the base of the Kansas City formation, whichever is lesser depth.

Seismic data not included.

Lot #52
Lease Name	Type	Operator	Legal Description
Caroline #1	PWI	Charles N. Griffin	N/2 SW SW Sec 15 32S 12W
County & State	GWI	NRI	Operating Expenses	Income
Barber, KS	.01	.080	$374.98	$641.77
Seller Comments			$31.25/mo	$53.48/mo
Oil purchased by Griffin Management

Lot #53
Lease Name	Type	Operator	Legal Description
Wessler	Operated Lease	Western Pacific Farms	Sec 3 32S 32W
County & State	GWI	NRI	Operating Expenses	Income (12mo)
Seward, KS	100%	.7718917	$408.56	$9,799.60
Seller Comments			$34.05/mo	$816.63/mo
Owner operated lease – Buyer needs to calculate their own overhead and pumper cost. 25MCFD Click here for additional info
Lease Name	Type	Operator	Legal Description
Collingwood	Operated Lease	Western Pacific Farms	Sec 18 32S 32W
County & State	GWI	NRI	Operating Expenses	Income (12mo)
Seward, KS	100%	.7718917	$457.58	$13,322.18
Seller Comments			$38.13/mo	$1,110.18/mo
Owner operated lease – Buyer needs to calculate their own overhead and pumper cost. Click here for additional info
Lease Name	Type	Operator	Legal Description
Lambert	Operated Lease	Western Pacific Farms	Sec 20 32S 32W
County & State	GWI	NRI	Operating Expenses	Income (12mo)
Seward, KS	100%	.7718917	$1,135.96	$8,289.77
Seller Comments			$94.66/mo	$690.81/mo
Owner operated lease – Buyer needs to calculate their own overhead and pumper cost. Click here for additional info
Lease Name	Type	Operator	Legal Description
Wettstein	Operated Lease	Western Pacific Farms	Sec 20 32S 32W
County & State	GWI	NRI	Operating Expenses	Income (12mo)
Seward, KS	100%	.7718917	$4,857.71	$9,478.99
Seller Comments			$404.81/mo	$789.92/mo
Owner operated lease – Buyer needs to calculate their own overhead and pumper cost. Infield well on Lambert lease Click here for additional info
Lot Summary (4 wells):		Income (12mo)	Expense (12mo)
		$40,890.54	$6,859.81

Lot #54
Lease Name	Type	Operator	Legal Description
3D Family-Hanna	ORRI	Palomino Petroleum Inc.	SE Sec 10 14S 31W & NE Sec 15 14S 31W
County & State	Decimal Interest	Acres	Operating Expenses	Income (3mo)
Gove, KS	.0025234	12.25		$69.40
Seller Comments				$23.13/mo
2.87 BOPD Lease sold 232.01 bbl from April-June 2017 April-June income (3 months) $69.40

Lot #55
Lease Name	Type	Operator	Legal Description
Goering J 1	ORRI	Olympic Oil Inc.	NE Sec 27 20S 03W excluding north 40 acres
County & State	Decimal Interest	Acres	Operating Expenses	Income
McPherson, KS	.012539	120
Seller Comments
Oil Sales 2013 – 528 BBL 2014 – 635 BBL 2015 – 359 BBL 2016 – 512 BBL 2017 – 106 BBL through March 31

Lot #56

Lease Name

Type

Operator

Legal Description

Goley/Beachner

Operated Lease

Legend Energy LLC

Se Sec 17 28S 22E

County & State

GWI

NRI

Operating Expenses

Income (12mo)

Crawford, KS

100%

.825

Seller Comments

Well Number	Producing Formation	Spud Date	Completion Date	Gross BOPD	Gross MCFD	Gross BBL H2O/Day	Cumulative Oil Production	Cumulative Gas Production
1	Tucker	1979	1979	.5		.5	4579
2	Tucker	1979	1979
3	Tucker	1979	1979
4	Tucker	1979	1979
5	Tucker	1979	1979
6	Tucker	1979	1979
Surface Casing	Production Casing	Tubing	Rods	Pump	Pumping Unit	Engine	Tank Battery	Separator Treater
7X20′	2″x501′	SI	NA	NA	10 Jensen	2HP w/ VFD	20 100 BBL steel tanks, 200 BBL fiberglass H2O tank	90 BBL steel w/ epoxy coating
7X20′	2″X505′	1″ pump string	NA	1 1/2″ X 4′	16 Kansas Hopper	2HP w/ VFG
7X20′	2″x503′	1″ pump string	NA	1 1/2″ X 4′	10 Jensen	2HP w/ VFG
7X20′	2″X498′	1″ pump string	NA	1 1/2″ X 4′	10 Churchill	2HP w/ VFG
7X20′	2″X500′	1″ pump string	NA	1 1/2″ X 4′	10 Bethlehem	2HP w/ VFG
7X20′	2″X499′	1″ pump string	NA	1 1/2″ X 4′	10 Bethlehem	2HP w/ VFG

Water tank was new 200 bbl closed top in 2013. Water is hauled with no SWD or injection.

Lease Name

Type

Operator

Legal Description

Hobson

Operated Lease

Legend Energy LLC

NW Sec 32 30S 22E

County & State

GWI

NRI

Operating Expenses

Income

Crawford, KS

100%

.82

Seller Comments

Injection well I-1 through I-5 were drill and completed in late 2015. Only small amount of water ever injected because prices were low. If injection is started up again and kept up, engineer G. Bob Barnett, estimated this lease should make 7-12 BOPD. Lease has only produced enough to keep active since 2015.

All injection wells and #19 WSW have open hole and cased hole logs. Cased hole logs on a few other wells were done in 2010’s. All injection lines are high pressure poly and stainless steel. Pump house is insulated and full electric service with VFD for injection pump. This injection system was done right, but never used to it’s full capacity.

Some wells need pump changes, but were all washed out in 2015. Electric is Westar Electric and runs around $175 per month with all wells pumping.

Health issues have forced me to sell these leases and shut down operations.

Well Number	Producing Formation	Spud Date	Completion Date	Gross BOPD	Gross MCFD	Gross BBL H2O/Day	Cumulative Oil Production	Cumulative Gas Production
1	Cattleman	1961	1961	2.50		10	12,644 1970-2017
2	Cattleman	1962	1962
3	Cattleman	1962	1962
4	Cattleman	1962	1962
5	Cattleman	1962	1962			SI
6	Cattleman	1962	1962
7	Cattleman	1962	1962
8	Cattleman	1962	1962
9	Cattleman	1962	1962
11	Cattleman	1962	1962
12	Cattleman	1962	1962
13	Cattleman	1963	1963
15	Cattleman	1963	1963
16	Cattleman	1963	1963
17	Cattleman	1965	1965
19	Cattleman, Miss.	2009	2009
I-1	Cattleman, Inj	2015	2015
I-2	Cattleman, Inj	2015	2015
I-3	Cattleman	2015	2015
I-4	Cattleman	2015	2015
I-5	Cattleman	2015	2015
Surface Casing	Production Casing	Tubing	Rods	Pump	Pumping Unit	Engine	Tank Battery	Separator Treater
8.625X 20′	5″X220′	1″ pump string	NA	1 1/2″X4′	D10 Bethleham	1 HP	2)100 bbl Steel, 1) 100 H2O 1) 200 H2O Fiberglass	210 bbl Fiberglass
8.625X 20′	5″X220′	1″ pump string	NA	1 1/2″X4′	D10 Cook	1 HP
8.625X 20′	5″X220′	1″ pump string	NA	1 1/2″X4′	D10 Cook	1 HP
7X20′	2″X220′	1″ pump string	NA	1 1/2″X4′	6.4 Jensen	1 HP
7X20′	2″X220′	NA	NA	NA	6.4 Jensen	1 HP
7X20′	2″X220′	1″ pump string	NA	1 1/2″X4′	10 Churchill	1 HP
7X20′	2″X220′	1″ pump string	NA	1 1/2″X4′	10 JII	1 HP
7X20′	2″X220′	1″ pump string	NA	1 1/2″X4′	10 Cook	1 HP
7X20′	2″X220′	1″ pump string	NA	1 1/2″X4′	10 Churchill	1 HP
7X20′	2″X220′	1″ pump string	NA	1 1/2″X4′	10 National	1 HP
7X20′	2″X220′	1″ pump string	NA	1 1/2″X4′	10 Cook	1 HP
7X20′	2″X220′	1″ pump string	NA	1 1/2″X4′	13 Churchill	1 HP
7X20′	2″X220′	1″ pump string	NA	1 1/2″X4′	10 Churchill	1 HP
7X20′	2″X220′	1″ pump string	NA	1 1/2″X4′	10 Cook	1 HP
7X20′	2″X220′	1″ pump string	NA	1 1/2″X4′	10 Jensen	1 HP
8.625X 23′	4.5X600′	500’X 2.375	480’X3/4″	1 1/2″X6′	16 Jensen	3 HP
7X22′	3.5X280′	NA	NA	NA	NA	NA
7X22′	3.5X275	NA	NA	NA	NA	NA
7X22′	3.5X278′	NA	NA	NA	NA	NA
7X22′	3.5X273′	NA	NA	NA	NA	NA
7X22′	3.5X276′	NA	NA	NA	NA	NA

4’X6′ pump house, D-10 Hydracell pump with 2 HP 3ph motor. Stainless steel manifold for injection to wells.

Lease Name

Type

Operator

Legal Description

Barnes

Operated Lease

Legend Energy LLC

NE NE Sec 21 31S 21E

County & State

GWI

NRI

Operating Expenses

Income (12mo)

Labette, KS

100%

.875

Seller Comments

Currently only producing the #6 well. Produces no water, electric average is $35.00 per month Westar Energy. Lease will make .5 bbl per day if #3 and #5 are running. Injection system in place but not used. Gas well is shut in as there is no gas line close. Was using gas to inject in #1 as permitted by KCC.
Produced just enough to hold lease while price was down. Have had health issues and need to sell as health won’t allow me to work leases like they should be.

Sells with Hobson, Goley/Beachner and Guy leases as a package.

Well Number	Producing Formation	Spud Date	Completion Date	Gross BOPD	Gross MCFD	Gross BBL H2O/Day	Cumulative Oil Production	Cumulative Gas Production
1 INJ	Cattleman	2003	2003	NA	NA	NA	NA	NA
2	Cattleman	2005	2005	TA’d	NA	NA	NA	NA
3	Cattleman	2005	2005	.125	NA	0	856	NA
4	Cattleman	2005	2005	SI	NA	NA	NA	NA
5	Cattleman	2005	2005	TA’d	NA	NA	NA	NA
6	Cattleman	2005	2005	.250	NA	NA	NA	NA
7	Cattleman	2005	2005	.125	NA	NA
8	Cattleman	2005	2005	TA’d	NA	NA
9	Cattleman	2005	2005	TA’d	NA	NA
10	Mississippi	2005	2005	SI	35	NA
11 INJ	Cattleman	2005	2005	NA	NA	NA
13 WSW	Mississippi	2005	2005	SI	NA	NA
Surface Casing	Production Casing	Tubing	Rods	Pump	Pumping Unit	Engine	Tank Battery	Separator Treater
6.5X20′	165′ of 2″	NA	NA	NA	NA	NA	2) 100 BBL	1) 90 BBL
6.24X36′	138′ of 2″	NA	NA	NA	NA	NA
6X36′	138′ of 2″	1″ pump string	NA	1 1/2″X4′	6.4 Churchill	1HP
6.25X36′	143′ of 2″	1″ pump string	NA	1 1/2″X4′	10 Churchill	NA
6X36′	154′ of 2″	1″ pump string	NA	1 1/2″X4′	6.4 CMI	1HP
6X36′	164′ of 2″	1″ pump string	NA	1 1/2″X4′	10 Bethlehem	1HP
6X36′	161′ of 2″	NA	NA	NA	NA	NA
6X36′	161′ of 2″	1″ pump string	NA	1 1/2″X4′	NA	NA
6X36′	150′ of 2″	NA	NA	NA	NA	NA
7X36′	516′ of 4.5	NA	NA	NA	NA	NA
6X36′	141′ of 2″	NA	NA	NA	NA	NA
7X36′	461′ of 4.5	NA	NA	NA	NA	NA

40 BBL Water Tank (Poly)
6’X6′ shed, D-10 Hydracell Pump

Lot #57
Lease Name	Type	Operator	Legal Description
Stull	ORRI	Siroky Oil Management	NE Sec 21 27S 12W
County & State	Decimal Interest	Acres	Operating Expenses	Income (5mo)
Pratt, KS	.015			$1,760.86
Seller Comments				$352.17/mo
April revenue – $436.77

Lot #58
Lease Name	Type	Operator	Legal Description
Spangenberg 35-3	ORRI	Coral Production Co.	NW Sec 35 21S 14W
County & State	Decimal Interest	Acres	Operating Expenses	Income (12mo)
Stafford, KS	.005	153.68		$249.79
Seller Comments				$20.82/mo
2014 – 3082 BBL 2015 – 4045 BBL 2016 – 1923 BBL 2017 – 1264 BBL

Lot #59
Lease Name	Type	Operator	Legal Description
SKYY #2-33HC	PWI	Apache Corp	SE Sec 33 13N 24W
County & State	Decimal Interest		Operating Expenses	Income (12mo)
Roger Mills, OK	0.00097656		$61.51	$96.36
Seller Comments			$3.13/mo	$8.03/mo
Wellbore only

Lot #60
Lease Name	Type	Operator	Legal Description
Dan State 1-31	PWI	Zenergy, Inc.	Sec 31 7N 1E
County & State	Decimal Interest		Operating Expenses	Income (8mo)
Cleveland, OK	0.0623000		$938.61	$2,425.56
Seller Comments			$117.33/mo	$303.20/mo
Wellbore only

Lot #61
Lease Name	Type	Operator	Legal Description
Ratzlaff #3-8	PWI	Raydon Exploration	Sec 8 3N 21E
County & State	Decimal Interest		Operating Expenses	Income (12mo)
Beaver, OK	0.06377551		$1,536.52	$1,716.19
Seller Comments			$128.04/mo	$143.02/mo

Lot #62
Lease Name	Type	Operator	Legal Description
Levigne Unit	RI	Ballard Exploration Company, Inc.	See Additional info
County & State	Decimal Interest	Acres	Operating Expenses	Income (3mo)
Liberty, TX	0.00035014	20		$511.35
Seller Comments				$170.45/mo
1 vertical well 27.00% oil, 73.00% gas Click here for additional information

Lot #63
Lease Name	Type	Operator	Legal Description
Jendrusch Unit	RI	Encana Oil & Gas Inc.	See additional info
County & State	Decimal Interest	Acres	Operating Expenses	Income (3mo)
Karnes, TX	See additional info	100		$302.43
Seller Comments				$100.81/mo
8 horizontal wells 83.85% oil, 6.01% gas, 10.13% NGL Cash flow represents 3.75% of check statements Click here for additional information

Lot #64

Lease Name

Type

Operator

Legal Description

Janne Lease

Operated Lease

H&D Exploration, LLC

Se Sec 27 15S 12W

County & State

GWI

NRI

Operating Expenses

Income (12mo)

Russell, KS

100%

.765250

$17,886.09

$20,586.74

Seller Comments

$1,490.71/mo

$1,715.56/mo

Well Number	Producing Formation	Spud Date	Completion Date	Gross BOPD	Gross MCFD	Gross BBL H2O/Day	Cumulative Oil Production	Cumulative Gas Production
Janne 1	Topeka/Kansas city	1974	1974	1.2	N/A	45	41413.31	N/A
Janne 3	Topeka/Kansas City	1983	1983	Shut-In. Produces 1.2 when online	N/A	Shut-In. Produces 139 when online.	” “	N/A
Anna Janne 2 (inj)	N/A	1988	1988	N/A	N/A	N/A	N/A	N/A

Initially, the lease produced 36 bbls oil between 2/7 and 2/19/13 (approx. 3 bbls/day). This has decreased since our acquisition in 2013 to about 1 bbl/day now.

Annual oil production:

2017- 486 bbls
2016- 656 bbls
2015- 653 bbls
2014- 972 bbls
2013- 766 bbls
2012- 961 bbls
2011- 804 bbls
2010 – 1125 bbls
2009 – 1118 bbls
2008 – 798 bbls
2007 – 1156 bbls
2006 – 1165 bbls
2005 – 1174 bbls

Oil purchased by CHS McPherson

Janne #1 recent work:

11/09/12 – replaced 6 joints of tubing ($2159.41)

Janne #3 recent work:

a. 1/13/12 – chemical treatment ($110.79)
b. 10/12/12 – installed pressure switch and controls ($1302.60)
c. 3/11/12 – replaced 7 rods and boxes ($2504.43)

Janne #3 is currently shut in because it produces more water than the injection well can take. When it’s online, it produces 1.2 bbls/day (oil) and 139 bbls/day (water).

Anna Janne #2 recent work:

a. 11/4/12 – cleaned out blocked hole ($4055.94)
b. 4/88 – converted well from production to injection ($10,456.39)

Lot #65
Lease Name	Type	Operator	Legal Description
J Paul Magnison 23	PWI	LB Exploration	N/2 N/2 Se Sec 23 33S 13W
County & State	GWI	NRI	Operating Expenses	Income (12mo)
Barber, KS	.10	.080	$5,052.96	$5,006.83
Seller Comments


Lease Name	Type	Operator	Legal Description
J Paul Magnison 11	PWI	LB Exploration	N/2 S/2 SW NW Sec 11 33S 13W
County & State	GWI	NRI	Operating Expenses	Income (12mo)
Barber, KS	.10	.080	$1,156.65	$6,050.46
Seller Comments


Lease Name	Type	Operator	Legal Description
Larkin 14-1	PWI	LB Exploration	SE Sec 14 32S 15W
County & State	GWI	NRI	Operating Expenses	Income (12mo)
Barber, KS	.10	.080	$2,259.39	$0
Seller Comments


Lease Name	Type	Operator	Legal Description
Larkin 14-2	PWI	LB Exploration	NWSE Sec 14 32S 15W
County & State	GWI	NRI	Operating Expenses	Income (12mo)
Barber, KS	.10	.080		$0
Seller Comments

Lot #66
Lease Name	Type	Operator	Legal Description
Blatner Unit #1	ORRI	Palomino Petroleum, Inc.	SE Sec 30 21S 24W
County & State	Decimal Interest	Acres	Operating Expenses	Income (7mo)
Ness, KS	.0060764	320	None	$1,042.96
Seller Comments				$148.99/mo
Steady, Mississippian oil production on a low decline rate. wells within the area typically produce between 40,000 and 80,000+ BBLs. Significant acreage associated with the ORRI with multiple future locations. *Note the well made 330 BBLs in Arpil. Click here for information packet Click here for financial statements

Lot #67
Lease Name	Type	Operator	Legal Description
Gwen #1	ORRI	Brehm Asset Management	SE Sec 22 20S 21W
County & State	Decimal Interest	Acres	Operating Expenses	Income (3mo)
Ness, KS	.00277780	160	None	$70.10
Seller Comments				$23.37/mo
Mississippian Osage Production, will be low decline. Click here for information packet Click here for financial statements

Lot #68
Lease Name	Type	Operator	Legal Description
Jean Gerber Minerals	Non-Producing Minerals		See Seller Comments
County & State	Decimal Interest	Acres	Operating Expenses	Income
Barber, KS	1/6 of 1,880 acres	313.333 Net Mineral Acres
Seller Comments
Lots 3 & 4 the S/2 NW/4 section 4-31s-11w Barber Co, KS – 160 acres mol Lots 1 and 2 the S/2 NE/4 the SE/4 the E/2 SW/4 section 5-31s-11w Barber Co, KS – 400 acres mol W/2 NE/4 the NW/4 the S/2 section 8-31s-11w Barber Co, KS – 560 acres mol SW/4 NW/4 the W/2 SW/4 Section 9-31s-11w Barber Co, KS – 120 acres mol N/2 section 16-31s-11w Barber Co, KS 320 acres mol N/2 section 17-31s-11w Barber Co, KS – 320 acres mol Click here for deed description

Lot #69
Lease Name	Type	Operator	Legal Description
Terese #1H	ORRI	Griffin Management, LLC	E/2 Sec 8 33S 12W & E/2 Sec 5 33S 12W
County & State	Decimal Interest	Acres	Operating Expenses	Income (3mo)
Barber, KS	.005	640		$2,610.19
Seller Comments				$870.06/mo
Current Production 79 bopd & 87 mcfpd. Offset development potential. Lots of development in this area.

Lot #70
Lease Name	Type	Operator	Legal Description
Wells 1-9	ORRI	Grand Mesa Operating Company	Sec 9 18S 24W
County & State	Decimal Interest	Acres	Operating Expenses	Income (12mo)
Ness, KS	.005	240		$190.00
Seller Comments				$15.83/mo

Lot #71
Lease Name	Type	Operator	Legal Description
Simpson 1-4	ORRI	Grand Mesa Operating Company	Sec 4 16S 23W
County & State	Decimal Interest	Acres	Operating Expenses	Income (12mo)
Ness, KS	.005	80		$332.00
Seller Comments				$27.67/mo

Lot #72
Lease Name	Type	Operator	Legal Description
Sargent 1-20	ORRI	Grand Mesa Operating Company	Sec 20 16S 23W
County & State	Decimal Interest	Acres	Operating Expenses	Income (12mo)
Ness, KS	.005	240		$78.00
Seller Comments				$6.50/mo

Lot #73
Lease Name	Type	Operator	Legal Description
Rothe 1-18	ORRI	Grand Mesa Operating Company	Sec 18 19S 23W
County & State	Decimal Interest	Acres	Operating Expenses	Income (12mo)
Ness, KS	.005	160		$244.00
Seller Comments				$20.33/mo

Lot #74
Lease Name	Type	Operator	Legal Description
Breit-Hoss 1-22	ORRI	Grand Mesa Operating Company	Sec 22 19S 23W
County & State	Decimal Interest	Acres	Operating Expenses	Income (12mo)
Ness, KS	.005	230 mol		$365.00
Seller Comments				$30.42/mo

Lot #75
Lease Name	Type	Operator	Legal Description
Hoss 1-27	ORRI	Grand Mesa Operating Company	Sec 27 19S 23W
County & State	Decimal Interest	Acres	Operating Expenses	Income (12mo)
Ness, KS	.005	320		$238.00
Seller Comments				$19.83/mo

Lot #76
Lease Name	Type	Operator	Legal Description
Harris 1-2	ORRI	Grand Mesa Operating Company	Sec 2 16S 24W
County & State	Decimal Interest	Acres	Operating Expenses	Income (12mo)
Ness, KS	.005	470		$511.00
Seller Comments				$42.58/mo
Workover recently completed on the #2 well. Acid job report is on the table. Well was making 1.8 BOPD – after acid job 16 BOPD 6-6 through 6-11

Lot #77
Lease Name	Type	Operator	Legal Description
Ponce Lease Minerals	RI	Kraft Oil and Gas LLC	N/2 Sec 28 21S 07W
County & State	Decimal Interest	Acres	Operating Expenses	Income (6mo)
Rice, KS	.00163570	320 (4.17 Net Mineral Acres)		$38.49
Seller Comments				$6.42/mo
Lease sold 288 bbl 2013 341 bbl 2014 440 bbl 2015 632 bbl 2016 113 bbl 2017

Lot #78
Lease Name	Type	Operator	Legal Description
Dargel #1	PWI	Roberts Resources, Inc.	SW SE SW Sec 9 29S 18W
County & State	GWI	NRI	Operating Expenses	Income (16mo)
Kiowa, KS	.025	0.0205078	$489.00	$925.73
Seller Comments			$30.56/mo	$57.86/mo
640 Acres Dargel Gas Unit consists of: S/2 of Sec 9 29S 18W NE Sec 16 29S 18W NW Sec 16 29S 18W Income and expense shown is Jan 2017 thru May 2018
Lease Name	Type	Operator	Legal Description
Mary SWD	PWI	Roberts Resources, Inc.	380’ FNL & 480FEL Sec 16 29S 18W
County & State	GWI	NRI	Operating Expenses	Income (5mo)
Kiowa, KS	.025		$452.80	$299.57
Seller Comments			$28.30/mo	$18.72

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