PP

PERMIAN NONOPERATED PDP W/ UPSIDE

Producing Properties

All Standard Disclaimers Apply & Seller Rights Retained

PERMIAN NONOPERATED PDP W/ UPSIDE
sticker showing that this deal is no longer available

UPTON CO TX SALE PACKAGE

6-Wells. 5,418-Gross Acres.

SPRABERRY FIELD

2,655-Net Acres (100% HBP)

WOLFCAMP A, B, C, D LOWER

SPRABERRY 7,800-8,500 FT

Considerable Amount of Drilling Locations

Term Growth from PUD Loc's

2.45-49% NonOperated WI; 75% Lease NRI

Gross Prod: 164 BOPD & 1,713 MCFD

Net Production: 41 BOPD & 256 MCFD

Recent Net Cash Flow: $139,000/Mn

---Majority of Leases All Depths

Operated By Apache (No Pref Rights)

--JOA Allows NonOp to Propose Wells

CLOSE PENDING - PSA SIGNED

PP 6012DV

Questions Regarding This Asset? Email Wes Adams 432-553-2413 Cell
Virtual Data Room
PERMIAN NONOPERATED PDP W/ UPSIDE
sticker showing that this deal is no longer available

UPTON CO TX SALE PACKAGE

6-Wells. 5,418-Gross Acres.

SPRABERRY FIELD

2,655-Net Acres (100% HBP)

WOLFCAMP A, B, C, D LOWER

SPRABERRY 7,800-8,500 FT

Considerable Amount of Drilling Locations

Term Growth from PUD Loc's

2.45-49% NonOperated WI; 75% Lease NRI

Gross Prod: 164 BOPD & 1,713 MCFD

Net Production: 41 BOPD & 256 MCFD

Recent Net Cash Flow: $139,000/Mn

---Majority of Leases All Depths

Operated By Apache (No Pref Rights)

--JOA Allows NonOp to Propose Wells

CLOSE PENDING - PSA SIGNED

PP 6012DV

Questions Regarding This Asset? Email Wes Adams 432-553-2413 Cell