LEON TX - BOSSIER - WOODBINE Producing...

LEON TX - BOSSIER - WOODBINE Producing Royalties

5 Producing Override Royalty Interest Wells

Located in LEON (TX)

2601 Network Boulevard ~ Suite 404 ~ Frisco, Texas 75034

Phone: (866) 454-6107 | Fax: (214) 975-2526 | Email: [email protected]

WWW.OAKTREEMINERALS.COM


Property Summary

The assets in this package are located in the Bossier and Woodbine formations within LeonCounty, Texas.There have been 7 permits to drill in Leon County over the past 6 months,including one in the Woodbine formation about a mile north of the assets in this package.Operator Covey Park Energy primarily pursues low risk development opportunities andimproving existing operations through ongoing technological advances.

• 5 Producing Wells

• 4 Horizontal

• Override Royalty Interest

Package Details

• LEON (TX)

• Formation(s)

• 82.21% - Oil

• $51.18 Per Month

• Cash Flow Represents 100.00% of Check Statements

• 1 Vertical

Location

• BOSSIER, WOODBINE

Production Breakdown

• 17.79% - Gas

• 0.00% - NGL

Cash Flow

• COVEY PARK OPERATING LLC

Operator(s)

Package Contents


Check Revenue Statement

Check Statements

Maps

Production Graph

Source Assignments

Operator Sep-2017 Oct-2017 Nov-2017 Dec-2017



Average

Production Months By Product

COVEY PARK OPERATING LLC

$43.73 $41.37 $40.33 $42.85 $42.07OIL

$11.13 $13.44 $8.19 $3.66 $9.11GAS

NGL

$54.86 $54.81 $48.52 $46.51 $51.18Package Totals:

* Note: Blank boxes indicate no revenue data available for that month

Check Statements


Covey Park Operating LLC8401 NORTHCENTRALEXPRESSWAYSTE 700DALLAS,TX 75225TOLL FREEOWNERLINE:[email protected] Page10f1

OWNER NAME

46.54

OWNERNUMBER. CHECKDATE CHECKNUMBER AMOUNT

02/20/2018 90442

I P ISALE I R IMO YRI D I

I PROPERlY NAME I ST I COUNTY I OPERATOR NAME1-------------------------------------------------------------------------------------------------------------------------------------

I I I I I I I I I OWNER I I OWNER I I I OWNERBBL/ I BTU/ I I GROSS I GROSS I GROSS I NET I DECIMAL IINTI GROSS ITAX I STATE IDEO I I NETMCF I GRAV I PRICE I VALUE I TAXES I DEDUCTS I VALUE I INTEREST IlYpl VALUE ICODE I TAX I CODE IDEDUCTIONS I VALUE

PROPERlY #

64804 GRESIW! JOHN UNIT 018 TX LEON12/17 0 540.21 57.62 31126.18 3.38

1431.8067134 GRESIW! JOHN UNIT 028 TX LEON12117 0 540.21 57.62 31126.18 3.38

1431.8063730 GRESHAM TRUST 018 TX LEON12/17 0 344.05 57.62 19823.88 2.15

911. 9054368 GRESIW! TRUST 03 TX LEON12/17 G 1021.27 2.46 2511. 98 0.68 9.54

81. 7058596 GRESIW! TRUST UNIT A 01 TX LEON12117 G 2450.65 2.46 6027.77 1.63 22.89

196.05

Total revenues 90,615.99 3,786.12 310.18

Year to dateTax and deduction codes:ENV Environmental Requlatory FeeTRT Treatinq

Total of this check

SEV Severance Tax

Covey ParkOperating LLC8401 NORTH CENTRAL EXPRESSWAY STE 700

DALLAS, TX 75225TOll FREE OWNER LINE: [email protected]

~~ $46do1s54ctsForty-Six dollars and 54 cents

TOTHEORDEROF

COVEY PARK OPERATING LLC29691. 00 0.00050406 OR 15.69 ENV 0.00 14.97

SEV 0.72COVEY PARK OPERATING LLC

29691. 00 0.00050406 OR 15.69 ENV 0.00 14.97SEV 0.72

COVEY PARK OPERATING LLC18909.83 0.00068378 OR 13.56 ENV 0.00 12.94


2420.06 0.00068378 OR 1.72 ENV 0.00 FLE 0.01 1.65TRT 0.06

COVEY PARK OPERATING LLC5807.20 0.00034650 OR 2.09 ENV 0.00 FLE 0.01 2.01

TIlT 0.0786,519.09 48.75 2.06 0.15 46.54

99.61 4.00 0.409 95.12

FLE FUEL

46.54

Wells Fargo Bank, NA ~ CHECKNo.41290442

VOID AFTER 90 DAYS

CHECKNUMBER CHECK DATE PAYEXACTLY

90442 02/20/201. $46.54

Covey Park Operating LLC8401 NORTHCENTRALEXPRESSWAYSTE 700DALLAS,TX 75225TOLL FREEOWNERLINE: [email protected] Page10f1

OWNERNUMBER OWNERNAME

89&76

CHECK NUMBER AMOUNTCHECK DATE

41.5801/20/2018


I PROPERTY NAME I ST I COUNTY I OPERATOR NAME1-------------------------------------------------------------------------------------------------------------------------------------I I I I I I I I I OWNER I I OWNER I I I OWNER

SSL/ I BTU/ I I GROSS I GRDSS I GROSS I NET I DECIMAL IINTI GROSS ITAX I STATE I DED I I NETMCF I GRAV I PRICE I VALUE I TAXES I DEDUCTS I VALUE I INTEREST ITYpl VALUE ICODE I TAX I CODE IDEDUCTIONS I VALUE

PROPERTY #

64804 GRESHAM JOHN UNIT OlH TX LEON11/17 0 627.47 55.98 35124.91 3.92

1615.7567134 GRESHAM JOHN UNIT 02H TX LEON11/17 0 627.47 55.98 35124.92 3.92

1615.7563730 GRESHAM TRUST OlH TX LEON11/17 0 IBO.13 55.98 10083.51 1.13

463. B454368 GRESHAM TRUST 03 TX LEON11/17 G 2090.05 2.18 4561. 05 1.39 19.53

167.2058596 GRESHAM TRUST UNIT A 01 TX LEON11/17 G 7175.19 2.1B 1565B.17 4.79 67.03

574.01

Total revenues 100,552.56 3,710.49 B27.77

Year to dateTax and deduction codes:ENV Environmental Regulatory FeeTRT Treatinq

Total of this check

SEV SeveranceTax

Covey ParkOperating LLC8401 NORTHCENTRAL EXPRESSWAYSTE 700

DALLAS,TX 75225TOLL FREEOWNER LINE: [email protected]

PAYEXACTLY $ 48dols58ctsForty-Eiqht dollars and 58 cents

TOTHEORDEROF


SEV O.BlCOVEY PARK OPERATING LLC

33505.25 0.00050406 OR 17.71 ENV 0.00 16.90


961B.54 0.00068378 OR 6.89 ENV 0.00 6.57


4372.93 0.00068378 OR 3.12 ENV 0.00 FLE 0.01 3.00

TRT 0.11COVEY PARK OPERATING LLC

15012.34 0.00034650 OR 5.43 ENV 0.00 FLE 0.02 5.21

TRT 0.2096,014.30 50.86 1.94 0.14 48.5&

50.86 1.94 0.34 48.58

FLE FUEL

48.58

Wells Fargo Bank, NA. ~412 CHECK No.

89676

CHECK NUMBER

$48.58

CHECK DATE PAY EXACTLY

89676 01/20/2018

Covey Parle Operating LLC8401 NORTH CENTRAL EXPRESSWAY STE 700DALLAS, TX 75225TOLL FREE OWNER LINE: [email protected] Page1 of 1

OWNERNAME

88908

AMOUNTOWNERNUMBER.

PROPERTY #

CHECKDATE CHECKNUMBER

12/20/2017


I PROPERTY NAME I ST I COUNTY I OPERATOR NAME1-------------------------------------------------------------------------------------------------------------------------------------

I I I I I I I I I OWNER I I OWNER I I I OWNERBBll I BTU/ I I GROSS I GROSS I GROSS I NET I DECIMAL I INTI GROSS ITAX I STATE I OED I I NETMCF I GRAV I PRICE I VALUE I TAXES I DEDUCTS I VALUE I INTEREST ITYPI VALUE ICODE I TAX I CODE IDEDUCTIONS I VALUE

64804 GRESlIAMJOHN UNIT OlH TX LEON10/17 0 621.05 49.52 30753.53 3.88

1414.6667134 GRESHAM JOHN UNIT 028 TX LEON10/17 0 621.05 49.52 30753.52 3.88

1414.6663730 GRESHAM TRUST 018 TX LEON10/17 0 365.82 49.52 18115.48 2.29

833.3154368 GRESlIAMTRUST 03 TX LEON10/17 G 3361.07 2.37 7956.49 2.24 31.39

268.8958596 GRESHAM TRUST UNIT A 01 TX LEON10/17 G 10416.21 2.37 24657.72 6.95 97.29

833.30Total revenues 112,236.74 3#681.81 1.230.87Year to date

Tax and deduction codes:ENV Environmental Regulatory Fee SEV Severance TaxTRT Treating

Total of this check

Covey ParkOperating LLC8401 NORTHCENTRAl EXPRESSWAYSTE 700

DALLAS,TX 75225TOLL FREEOWNERUNE: [email protected]

PAYEXAC11..Y $ 54dols86ctsFifty-Four dollars and 86 cents

TOTHEORDEROF



29334.98 0.00050406 OR 15.50 £NV 0.00 14.79SEV 0.11



7653.97 0.00068378 OR 5.44 ENV 0.00 FLE 0.02 5.24TRT 0.18

COVEY PARK OPERATING LLC23720.18 0.00034650 OR 8.54 £NV 0.00 FLE 0.03 8.22

TRT 0.29107.324.00 57.31 1.99 0.52 54.86

613.36 21. 91 1.32 6<44.13

FLE FUEL

54.86

Wells Fargo Bank, N.A. li§:ill. CHECK No.41288908

VOIDAFTER 90 DAYS

CHECKNUMBER CHECKDATE PAYEXACTLY

889GB 12/20/2017 $54.86

Covey Park Operating LLC8401 NORTH CENTRAL EXPRESSWAY STE 700DALLAS, TX 75225TOLL FREE OWNER LINE: [email protected] Page10f1

11/20/2017

CHECKNUMBER

881'2 54.87

OWNERNUMBER OWNERNAME CHECKDATE AMOUNT

I P ISALE I R INO YRI D I

I PROPERTYNAME I ST I COUNTY I OPERATORNAME1-------------------------------------------------------------------------------------------------------------------------------------I I I I I I I I I OWNER I I OWNER I I I OWNER

BBl/ I BTU/ I I GROSS I GROSS I GROSS I NET I DECIMAL IINTI GROSS ITAX I STATE I OED I I NETMCF I GRAVI PRICEI VALUE I TAXES I DeDUCTSI VALUE I INTERESTITYPI VALUE ICODEI TAX I CODeIDEDUCTIONSI VALUE

PROPERTY,

-----------------------------------------------------------------------------------------------------------------------------------------------------

Wells Fargo Bank, NA. ~ CHECKNo.41288192

VOIDAFTER90 DAYS

CHECKNUMBER CHECKDATE PAYEXACTLY

88192 11/20/2017 $54.87

64804 GRESHAM JOHN UNIT 01H TX LEON COVEY PARK OPERATING LLC09/17 0 626.16 45.95 28774.55 3.91 27447.01 0.00050406 OR 14.50 ENV 0.00

1323.63 SEV 0.61

61134 GRESHAM JOHN UNIT 02K TX LEON COVEY PARK OPERATING LLC09/17 0 626.16 45.95 28774.57 3.91 27447.03 0.00050406 OR 14.50 ENV 0.00

1323.63 SEV 0.67

63730 GRESHAM TRUST 01H TX LEON COVEY PARK OPERATING LLC09/17 0 536.37 45.95 24648.54 3.35 23511. 36 0.00068378 OR 16.85 ENV 0.00

1133.83 SEV 0.78

54368 GRESHAM TRUST 03 TX LEON COVEY PARK OPERATING LLC09/17 G 2599.03 2.38 6116.57 1. 73 24.28 5942.64 0.00068378 OR 4.22 ENV 0.00

207.9258596 GRESHAM TRUST UNIT A 01 TX LEON COVEY PARK OPERATING LLC09/17 G 8934.10 2.38 2123!. 83 5.96 83.44 20427.70 0.00034650 OR 7.36 ENV 0.00

714.73

Total revenues 109,606.06 3.199.95 1.030.37 104,115.74 57.43 2.12

Year to date 61S.99 19.92

Tax and deduction codes:tNV Environmental Regulatory FeeTRT Treating

Total of this check

SEV SeveranceTax FLE FUEL

Covey ParkOperating LLC8401 NORTHCENTRAL EXPRESSWAYSTE 700

DALLAS, TX 75225TOLL FREEOWNER LINE: [email protected]

PAYEXACTlY $ 54dols87ctsFifty-Four dollars and 87 cents

13.83

13.83

16.07

FLE 0.02 4.06

Tll.T 0.14

FLE 0.03 7.08

TRT 0.250.44 54.8'7

6.80 589.27

54.87

TO

ORDEROF

Maps


Production Graph


Summary page selections(Monthly Production)

Liquid (bbls): Current Cum: 247,426 Total: 247,426Gas (MCF): Current Cum: 4,548,312 Total: 4,548,312

Liquid (bbls) Gas (MCF) Wells

Date

Jan

17

Jan

16

Jan

15

Jan

14

Jan

13

Jan

12

Jan

11

Liq

uid

(B

bls

)

100

500

1,000

5,000

10,000

50,000

100,000

Ga

s (MC

F)

1,000

5,000

10,000

50,000

100,000

500,000

1,000,000

We

ll Co

un

t

0 1

5

10

50

100

500

1,000

© 2018 Drillinginfo

Source Assignments


LEON TX - BOSSIER - WOODBINE Producing...

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