Introduction

Highlights

 $81,000 /MO AVG MONTHLY CASH FLOW WITH 2018 PROJECTED ~ $1.1 MM

 31 OPERATED FRUITLAND COAL WELLS WITH 3,606 NET ACRES (100% HBP, 90% 

 FEDERAL)

 10 OPERATED DAKOTA WELLS (WELLBORE ONLY) WITH PDNP POTENTIAL

 12 NON-OP DAKOTA, GALLUP & FRUITLAND WELLS (WELLBORE ONLY)

 Transaction Information: SAN JUAN COUNTY, NEW MEXICO

 Properties: 53

 Operators Trans.: 100%

 Property Types: Well (Producing, Shut-in, SWD)

 Interest Types: Working Interest

 Well Status: Active / Producing

 State:

 NM

 County:

 San Juan

 Field: Multiple (5 fields)

 Operator: Multiple (5 operators)

 Gross BOPD: 4.72

 Gross MCFD: 3,895.19