Oil and Gas Assets for Sale

MCMULLEN CO, TX SALE PROCESS #1

651-Wells. 521-Active. 37,724-Net Acres

COURT ORDERED SALE & LIQUIDATION

AWP (OLMOS) FIELD

Thick Pay Zone. High Porosity

Maintenance & Operational Upside

NEW COMPRESSION INCREASING VOLS

TRUSTEE UPDATING CASH FLOWS

100% OPERATED WI; 76% NRI FOR SALE

Gross Production: 200 BOPD & 8,000 MCFD

Net Volumes: 150 BOPD & 6,000 MCFD

3rd Party: PDP Reserves: 18 Bcfe (77% Gas)

3rd Party Firm Est PDP PV10: $26,151,110

AUCTION CLOSED - BUYER SELECTED

PP 7022DV

Energy Advisors Group

Richard Martin

Director – Special Projects & Execution

14875 Landmark Blvd Ste 220

Dallas, TX 75254

Phone: 214-774-2495

Email: rmartin@energyadvisors.com

ZAPATA CO., TX SALE PROCESS #2

102-Wells. 72-Active. 8,200-Net Acres.

COURT ORDERED SALE & LIQUIDATION

MECOM RANCH

LOBO (WILCOX) FORMATION.

ReCompletion & Return To Production

Trustee & Contract Operators Note PDNP

BANKRUPTCY SALE AS ORDERED BY COURT

~99% OPERATED WI; 71% NRI FOR SALE

Gross Production: 3,630 MCFD

3rd Party Engineer: PDP PV10: $7,932,770

3rd Party Estimates PDP Reserves: 9.9 BCFE

BIDS DUE DEC 6 PER SALE MOTION

AUCTION CLOSED - BUYER SELECTED

PP 7023DV

Energy Advisors Group

Richard Martin

Director – Special Projects & Execution

14875 Landmark Blvd Ste 220

Dallas, TX 75254

Phone: 214-774-2495

Email: rmartin@energyadvisors.com

STX OTHER ASSETS BANKRUPTCY #3

67-Producers. 110-Return/Production Wells

COURT ORDERED SALE & LIQUIDATION

URBENO; T PATCH; TIFFANY; POK-A-DOT

HOSTETTER; CERRITO; ROMA; CISCO;

REKLAW, WILCOX & LOBO FORMATIONS

Significant Remedial, Operational Upside

Multiple Return-To-Production Candidates

16-100% OPERATED WI; 75% NRI

Gross Prod: 30 BOPD & 3,900 MCFD

Net Volumes: 25 BOPD & 2,800 MCFD

3rd Party Engineering PDP Rsrvs: 13.3 Bcfe

3rd Party Proved Reserves: 32.1 Bcfe

AUCTION CLOSED - BUYER SELECTED

PP 7011DV

Energy Advisors Group

Richard Martin

Director – Special Projects & Execution

14875 Landmark Blvd Ste 220

Dallas, TX 75254

Phone: 214-774-2495

Email: rmartin@energyadvisors.com

DUVAL, JACKSON, VICTORIA CO., TX

98-Producers. 19,800-Net Acres.

JACKSON, YEGUA & FRIO

Significant, Low-risk Upside

Stacked Multi-Pay Opportunities

Light Sweet Crude. Meaningful Premium.

~100% OPERATED WI; 81% NRI

Gross Production: 310 BOPD

2022 Net Cash Flow: ~$4,600,000/yr

PDP Reserves: 1,912 Mbbl. PV10: $13.4 MM

SOLD BY ENERGY ADVISORS GROUP

PP 1277DV

Energy Advisors Group

Richard Martin

Director – Special Projects & Execution

14875 Landmark Blvd Ste 220

Dallas, TX 75254

Phone: 214-774-2495

Email: rmartin@energyadvisors.com

ATASCOSA & KARNES COS., TX

67+ Wells. 54 Active Producers.

EDWARDS LIMESTONE, EAGLEFORD

--- & AUSTIN CHALK

XTO & Protégé Operated Wells

Three Ready-To-Drill Permits On Acreage

ORRI Rights Below Wilcox Sands

<2% ORRIs For Sale

Gross Prod: 1,700 BOPD & 5,000 MCFD

Net Prod: 14 BOPD & 40 MCFD

L3M Net Cash Flow: $34,000/Mn

SOLD BY EAG - JANUARY 2022

RR 2070

Energy Advisors Group

Mr. Carrie Calahan

Vice President

4265 San Felipe Street Ste 650

Houston, TX 77027

Phone: 713-600-0123

Email: ccalahan@energyadvisors.com

SOUTH TX VERTICAL DEVELOPMENT

PROVEN PRIMARY OIL RESERVES

HISTORICAL SHALLOW OIL FIELD

O'HERN SAND - UPPER YEGUA

DRILL-READY - 4 to 5 PLANNED WELLS

Reservoir: 1,800' TVD; Lease: 410-Acres

Reservoir Size: ~300-Acres

Expected IP: 50 BOPD

100% Operated or NonOperated WI

Recoverable Primary Rsrvs: 260 MBO

Per Well Primary Rsrv Potential: 50 MBO

Additional Secondary Reserves Expected

Anticipated Hydraulic High Pressure Lift

SOLD BY ENERGY ADVISORS GROUP

DV 6545

Energy Advisors Group

Richard Martin

Director – Special Projects & Execution

14875 Landmark Blvd Ste 220

Dallas, TX 75254

Phone: 214-774-2495

Email: rmartin@energyadvisors.com

WEBB CO., TX OVERRIDE FOR SALE

6-Producing Wells. 15,000 MD.

BRISCOE RANCH FIELD

EAGLE FORD.

~15,000' MD (~9,800' TVD)

~2.5% ORRI FOR SALE

Gross Prod: 13 BOPD & 1,734 MCFD

Net Production: 41 MCFED

3-Mn Avg Cash Flow: ~$3,100/Mn

Rich Gas (NGLs & Condensate) 1,200 BTU

SOLD BY ENERGY ADVISORS GROUP

RR 6396M

Energy Advisors Group

Mr. Vann Keefover

Petroleum Engineer

4265 San Felipe Street Ste 650

Houston, TX 77027

Phone: 713-600-0123

Email: vkeefover@energyadvisors.com

BEE CO., TX ASSETS FOR SALE

61-Wells. 28-Producing. 6,388 Acres.

CONVENTIONAL SHALLOW MULTIPAY

YEQUA, COOK MTN, HOCKLEY, PETTUS

2-PERMITS READY-TO-DRILL

3-D SEISMIC DEFINED PROSPECTS

45+-Highly Delineated Locations. 110-Sands

SIMPLE OPERATIONS

~100% OPERATED WI; ~78% NRI

Gross Production: 78 BOPD & 288 MCFD

Prior Y/E Net Revenue: $110,800/Mn

RECENT CASH FLOW: ~$78,300/Mn

45 Projects Yield: 6.2 MMBO & 6.3 BCF

SOLD BY ENERGY ADVISORS GROUP

PP 6220DV

Energy Advisors Group

Mr. Reed Rightmer

Geologist

4265 San Felipe Street Ste 650

Houston, TX 77027

Phone: 713-600-0123

Email: rrightmer@energyadvisors.com

DIMMIT CO, TX MINERALS FOR SALE

12-Wells. 6-Active. 2-Tracts. 95-NMA.

BRISCOE RANCH FIELD

EAGLE FORD FORMATION

Stacked Multi-Pay. Actively Developed Area.

260-Gross Acres. 150-Net Royalty Acres.

---60 NMA w/ 80 NRA Under Chevron/Noble

---35 NMA w/ 70 NRA Under Protégé

0.5%-4.2% Royalty Interests For Sale

Gross Prod: 296 BOPD & 1,362 MCFD

Net Volume: 11 BOPD & 49 MCFD

December Net Cash Flow: $12,354 /Mn

2 Revenue Checks Per Month

SOLD BY ENERGY ADVISORS GROUP

RR 1377DV

Energy Advisors Group

Mr. Blake Dornak

VP - Marketing

4265 San Felipe Street Ste 650

Houston, TX 77027

Phone: 713-600-0123

Email: bdornak@energyadvisors.com

KARNES CO., TX SMALL ROYALTY

15-Wells. 1-Operator. 85 GMA.

KARNES TROUGH TREND

LOWER EAGLE FORD SHALE

NonProfit Organization Divestiture

ConocoPhillips Operates The Wells

Small <1% Royalty Interest For Sale

Gross Prod: 1,031 BOPD & 2.0 MMCFD

Net Prod: 2 BOPD & 5 MCFD

Last 6 Mns Cash Flow: $6,200/Mn

SOLD BY ENERGY ADVISORS GROUP

RR 1800

Energy Advisors Group

Mr. Carrie Calahan

Vice President

4265 San Felipe Street Ste 650

Houston, TX 77027

Phone: 713-600-0123

Email: ccalahan@energyadvisors.com

LIVE OAK CO., TX ASSETS

19-Wells. 1,160-Acres. All HBP.

LUCILLE HOCKLEY PETTUS YEGUA

SHALLOW CONVENTIONAL.

3-D SEISMIC & SUBSURFACE DEFINED.

SIGNIFICANT UPSIDE. LOW RISK.

MOTIVATED SELLER

50% OPERATED WI w/ 76%-80% Lease NRIs

Gross Prod: 88 BOPD & 359 MCFD

PDP Reserves: 274 MBO & 862 MMCF

Total Reserves: 2.06 MMBO & 2.88 BCF

SOLD BY ENERGY ADVISORS GROUP

PP 5968DV

Energy Advisors Group

Richard Martin

Director – Special Projects & Execution

14875 Landmark Blvd Ste 220

Dallas, TX 75254

Phone: 214-774-2495

Email: rmartin@energyadvisors.com

ATASCOSA CO., TX LSE FOR SALE

5-Producers. 2-Injectors. 1-SI. 745-Acres

CONVENTIONAL OIL LEASE

HOCKLEY, NAVARRO & OLMOS

Some Depth Limits

POSSIBLE BEHIND PIPE POTENTIAL

Recent Netherland & Sewell Report

100% OPERATED WI. 75% NRI

Gross Production: 30 BOPD

Net Production: 22 BOPD

Net Cash Flow: ~$17,500/Mn

Surplus/Excess Equipment On Leases

SELLER EXITING SOUTH TEXAS

SOLD BY ENERGY ADVISORS GROUP

PP 6537DV

Energy Advisors Group

Richard Martin

Director – Special Projects & Execution

14875 Landmark Blvd Ste 220

Dallas, TX 75254

Phone: 214-774-2495

Email: rmartin@energyadvisors.com

DEWITT & KARNES CO., TX

18-Wells. 9-Active. 1-SWD. ~2,508-Acres

EDWARDS, ROEDER & WILCOX

UPSIDE POTENTIAL IDENTIFIED

~15-Mile ROW & Gathering System

Some Depth Limits

~100% OPERATED WI; 76% NRI

Gross Prod: 19 BOPD & 511 MCFD

Net Volume: 14 BOPD & 371 MCFD

Net Cash Flow: ~$26,355/Mn

Net PDP Reserves: 2.4 BCFE (61% Gas)

Net PDP PV20: $891,320

SOLD BY ENERGY ADVISORS GROUP

PP 9256DV

Energy Advisors Group

Mr. Reed Rightmer

Geologist

4265 San Felipe Street Ste 650

Houston, TX 77027

Phone: 713-600-0123

Email: rrightmer@energyadvisors.com

KARNES CO., WI FOR SALE

9-Active Wells. 1-Unit. 397-Acres.

KARNES TROUGH TREND

EAGLE FORD & AUSTIN CHALK

Small NonOperated WI For Sale

Gross Prod: 2,536 BOPD and 3.4 MMCFD

Net Production: 15.4 BOPD & 21.2 MCFD

Net Cash Flow: ~$36,000/Mn

PDP PV-10 Of $728,823

Gross PUD Rsrvs: 460-600 MBOE/Well

SOLD BY ENERGY ADVISORS GROUP

PP 4250DV

Energy Advisors Group

Richard Martin

Director – Special Projects & Execution

14875 Landmark Blvd Ste 220

Dallas, TX 75254

Phone: 214-774-2495

Email: rmartin@energyadvisors.com