“Oxy Grantham Mineral Interest”

Howard County, Texas

•    Asking Price: $811,228

•     Up to 8.1250% Mineral Interest

•    642.04 Gross Acres

•    40.15 Net Mineral Acres

•     56.93 Net Royalty Acres

•     Operated by Oxy USA, Inc., Sutton Oil Company & Shamrock Upstream Energy

•     Potential Horizontal Objectives:
Middle & Lower Spraberry, Wolfcamp A & Wolfcamp B

•     5 Producing Horizontal Wells

•     10 Producing Vertical Wells

·      3 Permitted Horizontal Wells

·      Average Daily Production:
449 BOPD & 1,036 MCFGPD (Gross)
2.08 BOPD & 5.11 MCFGPD (Net)

·      Average Net Income:
$2,482 / Month