Steakley ORRI, Ector County, Texas

•  329.42 Gross Acres

• 0.3450% - 5.7352% ORRI

•  9.9871 Net ORRI Acres

•  79.8971 Net Royalty Acres

•  Operated by Contango Resources, LLC

•  Potential Development Objectives:
Grayburg, San Andres, Glorieta, Wichita Albany, Canyon, &
Mississippian

•  10 Producing Vertical Goldsmith Wells

•  3 Producing Horizontal San Andres Wells

•  Average Daily Production:
126 BOPD & 570 MCFGPD (Gross)
6 BOPD &   26 MCFGPD (Net)

•  Average Net Income:
$13,390 / Month