“Shackelford Royalty Interest”

Martin County, Texas

Producing ORRI & NPRI

•    Asking Price: $578,775

•     879.00 Gross Acres

•    35.59 Net Royalty Acres

•    Operated by Lario Oil & Gas, Endeavor Energy Resources &
PetroLegacy Energy II

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

•     1 Producing Lario Horizontal Wolfcamp B Well

•     3 Producing Vertical Wolfberry Wells

•     3 DUC Lario Horizontal Wells

•     Average Daily Production:
312 BOPD & 299 MCFGPD (Gross)
0.52 BOPD & 0.49 MCFGPD (Net)