440 +/- Net Mineral Acres & Working Interest

Kingfisher Co., OK

Mineral #1 Sold: $6,050
Legal:  Undivided 7/48 interest of minerals in, under and to the E/2 W/2 NE/4 and W/2 E/2 NE/4 8-19N-8W, Kingfisher Co., OK
Approx. Location: from SH 51/ SH 132 (W. of Hennessey/ S. of Drummond), 2 miles N. & 2 miles W.
NMA: 11.66667 +/-
Production: appears to be from the Lyndall Choate #1, operated by JHATCO INC.
Owner: Justin Choate and Debra Choate, h&w (Click here for: Cursory Ownership Report)

Mineral #2 Sold: $18,700
Legal:  All minerals and mineral interest in, under and to the N/2 N/2 SW/4 2-19N-8W, Kingfisher Co., OK
Approx. Location: from SH 51/ SH 132 (W. of Hennessey/ S. of Drummond), 2 miles N.
NMA: 40 +/-
Production: appears to be from the Edna Nixon 1-2 (RI: 0.03125) & Breckenridge 1-2H (RI: 0.00794130), paid by Chisholm Oil and Gas Operating, LLC of Tulsa, OK
Owner: Justin Choate a/k/a Justin R. Choate and Debra L. Choate, h&w (Click here for: Cursory Ownership Report)

Mineral #3 Sold: $30,800
Legal:  All minerals in, under and to the NE/4 SE/4 and E/2 SE/4 SE/4 20-19N-8W, Kingfisher Co., OK
Approx. Location: from SH 51/ SH 132 (W. of Hennessey/ S. of Drummond), 2 miles W. & ½ mile S.
NMA: 60 +/-
Production: appears to be from the Vaverka 1-20H (RI: 0.01757813), paid by Chisholm Oil and Gas Operating, LLC of Tulsa, OK
Owner: Justin Choate a/k/a Justin R. Choate and Debra L. Choate, h&w (Click here for: Cursory Ownership Report)

Kingfisher & Payne Co., OK

Mineral #4 a.-b. Sold: $3,575

a. Legal: All minerals in, under and to a 7.17 acre tract in the W/2 NE/4 30-19N-8W, Kingfisher Co., OK (see attached Cursory Ownership Report for complete legal)
Approx. Location: from SH 51/ SH 132 (W. of Hennessey/ S. of Drummond), 3 miles W. & 1 mile S.
NMA: 7.17 +/-
Production: appears to be from the Danny Ray 1-30H (RI: 0.00215811), paid by Chisholm Oil and Gas Operating, LLC of
Tulsa, OK
Owner: Justin Ray Choate a/k/a Justin R. Choate and Debra L. Choate, h&w (Click here for: Cursory Ownership Report)

b. Legal:  An undivided .309765 net mineral acres in, under and to the W/2 NE/4 5-17N-5E, Payne Co., OK
Approx. Location: 1 mile W. of Cushing
NMA: 0.309765
Production: Unknown
Owner: Justin R. Choate and Debra L. Choate, h&w

Major Co., OK

Mineral #5 Sold: $17,600
Legal:  An undivided ½ interest of minerals in, under and to the S/2 N/2 SW/4 13-21N-10W, Major Co., OK
Approx. Location: from “Y” N. of Ames, 2 ½ miles W. & 1 mile N.
NMA: 20 +/-
Leasehold: appears to be leased by Oklahoma Energy Acquisitions, LP for 3 year term, dated 4/2/2018 @ 1/5 royalty with depth clause
Owner: Justin Choate a/k/a Justin R. Choate and Debra L. Choate, h&w (Click here for: Cursory Ownership Report)

Mineral #6 Sold: $11,825
Legal:  All minerals in, under and to a tract of land in the NW/4 26-20N-9W, Major Co., OK (see attached Cursory Ownership Report for complete legal)
Approx. Location: from Ames, 2 ½ miles E. & 4 miles S.
NMA: 24 +/-
Leasehold: appears to be nonproducing and open for lease
Owner: Justin R. Choate and Debra L. Choate, h&w (Click here for: Cursory Ownership Report)

Mineral #7 Sold: $58,300
Legal:  All minerals and mineral interest in, under and to the SW/4 12-20N-10W, Major Co., OK, less and except RR ROW, subject to Royalty Deeds conveying (3) 1/6 non-participating interests for a term of 25 years plus production from Jan. 7, 1956
Approx. Location: from Ames, 2 ½ miles W. & 1 ½ miles S.
NMA:  157 +/-
Leasehold: E/2 SW/4 appears to be leased by Oklahoma Energy Acquisitions, LP for 3 year term, dated 4/2/2018 @ 1/5 royalty with depth clause
Production: Production appears to be from Harvey #1 with last production recorded in 2017. Status of well unknown.
Owner: Justin Choate a/k/a Justin R. Choate and Debra L. Choate, h&w (Click here for: Cursory Ownership Report)

Garfield Co., OK

Mineral #8 Sold: $26,400
Legal:  An undivided ½ interest of minerals in, under and to NW/4 1-24N-6W, Garfield Co., OK
Approx. Location: from Kremlin, 1 ½ miles E. on Keowee Rd., then continuing N. on 54^th St. (blacktop) 2 ½ miles
NMA: 80 +/-
Production: appears to be from the Thompson (RI: 0.03120600), paid by Mustang Gas Products, LLC. 2020 1099 reflects net revenue of $36.13.
Owner: Matthew Tucker

Mineral #9- Royalty & Working Interest a.-b. Sold: $550

a. Well:  Simpson #1 located in the NW/4 11-22N-6W, Garfield Co., OK
Working Interest: 0.1140129
Royalty Interest: 0.05480033

b. Well:  Simpson #2 located in the NE/4 11-22N-6W, Garfield Co., OK
Working Interest: 0.1171771
Royalty Interest: 0.050693
Owner: Carl White

Mineral #10- Royalty & Working Interest Sold: $550
Well:  Janssen located in 31-23N-4W, Garfield Co., OK
Working Interest: 0.12304687
Royalty Interest: 0.00227846
Owner: Carl White

Mineral #11- Minerals & Working Interest Sold: $1,210
Legal:  An undivided 25.51 net mineral acres in, under, and to the NW/4 10-22N-6W, Garfield Co., OK
Well: Blakey #2
Working Interest: 0.16600000
Owner: Carl White

Blaine Co., OK

Mineral #12 Sold: $41,800
Legal:  All minerals in, under and to the SW/4 SW/4 29-19N-12W, Blaine Co., OK
Approx. Location: from SH 51/ SH 51A Jct. (near Southard), 2 miles W. on SH 51 & 2 miles N.
NMA: 40 +/-
Production: appears to be from the Wymer 1-29 (RI: 0.0078125), paid by Staghorn Petroleum, LLC of Tulsa, OK. 2020 1099 reflects net revenue of $94.80.
Owner: Lonnie Howerton