Shallow Permian Single Well WI for Sale – in Completion

Single vertical well to the Yates Sand in Permian Basin (3,000′) drilled and logged. N2 treatment starts 4/5/17

100 ft of pay. Perforating 8 stringers

Estimated 100-200 BOPD IP with 20% decline

Estimated EUR of 130-260 MBO with 10% water cut

Estimated payout under 12 months with conservative production

Rights to purchase WI in this well once producing for 3 months and subsequent wells, including horizontals

10%WI remaining for price above @ 7.3%NRI – will consider selling 5%WI block at slightly higher price per point