OIL & GAS Exploration/Drilling Investments

Working Interest Participation

ACTIVE/AVAILABLE INVESTMENT DATA

MM#100741
PARTIAL AVAILABLE
Property Image

Blaine Co., OK

PROSPECT DETAILS

WELL STATUS: POOLING RECOMMENDED

DATE: 4/26/23
WELL NAME: Stout 35-2-1MH
UNIT: Sec. 2
SEC/TWN/RNG: 2 | 13N | 12W
TYPE: Horizontal
TVD/TMD/LATERAL LENGTH: 13,110 | 18,250 | 5,140
FORMATION: Mississippian
OPERATOR: Crawley Petroleum Corporation
AFE DRY HOLE COSTS: $5,745,997
AFE COMPLETION COSTS: $5,653,544.50
AFE: TOTAL CWC: $111,399,541.50
TOTAL NMA: 15.07813
ROYALTY: 0.77000
UNIT SIZE: 642.31
ALLOCATION: 100.0000%

WIPE (WORKING INTEREST PARTICIPATION EXPOSURE)

WORKING INTEREST: 2.347484%
NET REVENUE INTEREST: 1.807563%
DRY HOLE COSTS: $134,886.36
COMPLETION COSTS: $132,716.05
TOTAL WELL COSTS: $267,602.41
MM#100622.000
AVAILABLE
Property Image

Blaine Co., OK

PROSPECT DETAILS

WELL STATUS: Est. Spud Q3 - 2023

DATE: 1/16/23
WELL NAME: Webb 15-22-1XH
UNIT: 15+22-19N
SEC/TWN/RNG: H15 | 18N | 13W
TYPE: Horizontal
TVD/TMD/LATERAL LENGTH: 10,447 | 18,130 | 7,683
FORMATION: Mississippian
OPERATOR: Derby Exploration, LLC
AFE DRY HOLE COSTS: $5,814,000
AFE COMPLETION COSTS: $4,567,100
AFE: TOTAL CWC: $10,381,100
TOTAL NMA: 35.48017
ROYALTY: 0.77000
UNIT SIZE: 629.76000
ALLOCATION: 66.0000%

WIPE (WORKING INTEREST PARTICIPATION EXPOSURE)

WORKING INTEREST: 3.718387%
NET REVENUE INTEREST: 2.863158%
DRY HOLE COSTS: $216,186.99
COMPLETION COSTS: $169,822.43
TOTAL WELL COSTS: $386,009.42
MM#100628.001
PARTIAL AVAILABLE
Property Image

MAJOR CO., OK

PROSPECT DETAILS

WELL STATUS: BEING POOLED. IN SAME UNIT AS CRAWLEY TBD 1-14MH.

DATE: 12/29/22
WELL NAME: Cheyenne Goose 14-8
UNIT: Sec. 14
SEC/TWN/RNG: 14 | 21N | 14W
TYPE: Vertical
TVD/TMD/LATERAL LENGTH: 9,100 | 9,100 | N/A
FORMATION: Hunton Lime
OPERATOR: Replay Energy Assets LLC
AFE DRY HOLE COSTS: $979,650
AFE COMPLETION COSTS: $984,375
AFE: TOTAL CWC: $1,964,025
TOTAL NMA: 80.00000
ROYALTY: 0.75000
UNIT SIZE: 640.00
ALLOCATION: 100.0000%

WIPE (WORKING INTEREST PARTICIPATION EXPOSURE)

WORKING INTEREST: 12.500000%
NET REVENUE INTEREST: 9.375000%
DRY HOLE COSTS: $122,456.25
COMPLETION COSTS: $123,046.88
TOTAL WELL COSTS: $245,503.13
MM#100628.000
PARTIAL AVAILABLE
Property Image

MAJOR CO., OK

PROSPECT DETAILS

WELL STATUS: BEING POOLED. SAME UNIT AS REPLAY ENERGY CHEYENNE GOOSE 14-8.

DATE: 12/28/22
WELL NAME: TBD 1-14MH
UNIT: Sec. 14
SEC/TWN/RNG: 14 | 21N | 14W
TYPE: Horizontal
TVD/TMD/LATERAL LENGTH: 7,950 | 12,450 | 4,500
FORMATION: Mississippian
OPERATOR: Crawley Petroleum Corporation
AFE DRY HOLE COSTS: $2,366,810.00
AFE COMPLETION COSTS: $3,459,924.00
AFE: TOTAL CWC: $5,826,734.00
TOTAL NMA: 80.00000
ROYALTY: 0.75000
UNIT SIZE: 640.00
ALLOCATION: 100.0000%

WIPE (WORKING INTEREST PARTICIPATION EXPOSURE)

WORKING INTEREST: 12.500000%
NET REVENUE INTEREST: 9.375000%
DRY HOLE COSTS: $295,851.25
COMPLETION COSTS: $432,490.50
TOTAL WELL COSTS: $728,341.75
MM#100552.000
PARTIAL AVAILABLE
Property Image

DEWEY, OK

PROSPECT DETAILS

WELL STATUS: PROPOSED

DATE: 11/22/22
WELL NAME: Dead End Ranch 23-1H
UNIT: Sec. 23
SEC/TWN/RNG: 23 | 18N | 16W
TYPE: Horizontal
TVD/TMD/LATERAL LENGTH: 10,730 | 15,580 | 4,850
FORMATION: Mississippian
OPERATOR: Comanche Resources Company
AFE DRY HOLE COSTS: $3,102,000.00
AFE COMPLETION COSTS: $3,555,000.00
AFE: TOTAL CWC: $6,657,000.00
TOTAL NMA: 20.00000
ROYALTY: 0.77000
UNIT SIZE: 640.00
ALLOCATION: 100.0000%

WIPE (WORKING INTEREST PARTICIPATION EXPOSURE)

WORKING INTEREST: 3.125000%
NET REVENUE INTEREST: 2.406250%
DRY HOLE COSTS: $96,937.50
COMPLETION COSTS: $111,093.75
TOTAL WELL COSTS: $208,031.25
MM#100514.000
PARTIAL AVAILABLE
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WOODWARD, OK

PROSPECT DETAILS

WELL STATUS: ESTIMATED SPUD - AUGUST 2023

DATE: 10/22/22
WELL NAME: Howard 1-7
UNIT: Sec. 7
SEC/TWN/RNG: 7 | 24N | 20W
TYPE: Vertical
TVD/TMD/LATERAL LENGTH: 7,500 | 7,500 | N/A
FORMATION: Morrow
OPERATOR: GLB Exploration, Inc.
AFE DRY HOLE COSTS: $652,270.00
AFE COMPLETION COSTS: $649,515.00
AFE: TOTAL CWC: $1,301,785.00
TOTAL NMA: 20.00000
ROYALTY: 0.77000
UNIT SIZE: 640.00
ALLOCATION: 100.0000%

WIPE (WORKING INTEREST PARTICIPATION EXPOSURE)

WORKING INTEREST: 3.125000%
NET REVENUE INTEREST: 2.406250%
DRY HOLE COSTS: $20,383.44
COMPLETION COSTS: $20,297.34
TOTAL WELL COSTS: $40,680.78
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