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DIMMIT TX - BUDA - EAGLEFORD Producing Royalties
13 Producing Royalty Interest Wells
Located in DIMMIT (TX)
2601 Network Boulevard ~ Suite 404 ~ Frisco, Texas 75034
Phone: (866) 454-6107 | Fax: (214) 975-2526 | Email: [email protected]
WWW.OAKTREEMINERALS.COM
DIMMIT TX - BUDA - EAGLEFORD Producing Royalties
Property Summary
The assets in this package are located in the Buda formation and the Eagle Ford Shale withinDimmit County, Texas.The Eagle Ford needs little introduction, being the largest oil and gasdevelopment in the world based on capital invested. The formation has redefined South Texasas a hotspot in the oil and gas industry with the formation supporting 116,000 local jobs andcontributing $60 billion to the local economy. Dimmit County has been one of the most activecounties in the United States in terms of oil and gas development recently. The past 6 monthshave seen 135 new permits filed, 31 of which were filed by the operator of the assets in thispackage, SN Energy. The vast majority of the development in the area concerns drilling newwells in the Eagle Ford, which has continued at a rapid pace: there are 10 rigs active in thecounty currently, most of any county in the region.
• 13 Producing Wells
• 13 Horizontal
• Royalty Interest
Package Details
• DIMMIT (TX)
• Formation(s)
• 74.34% - Oil
• $30.67 Per Month
• Cash Flow Represents 100.00% of Check Statements
• 0 Vertical
Location
• BUDA, EAGLEFORD
Production Breakdown
• 11.50% - Gas
• 14.16% - NGL
Cash Flow
• SN EF MAVERICK, LLC
Operator(s)
Package Contents
DIMMIT TX - BUDA - EAGLEFORD Producing Royalties
Check Revenue Statement
Check Statements
Maps
Production Graph
Source Assignments
Check Revenue Statement
DIMMIT TX - BUDA - EAGLEFORD Producing Royalties
Operator Jan-2019 Feb-2019 Mar-2019
DIMMIT TX - BUDA - EAGLEFORD Producing Royalties
Check Revenue Statement
Average
Production Months
SN EF MAVERICK LLC $23.61 $26.76 $41.65 $30.67
* Cash flow reflects the sale of 100.00% of the assets shown on the check statements paid by
SN EF MAVERICK LLC in this package.
$23.61 $26.76 $41.65 $30.67Package Totals:
* Note: Blank boxes indicate no revenue data available for that month
Check Statements
DIMMIT TX - BUDA - EAGLEFORD Producing Royalties
Maps
DIMMIT TX - BUDA - EAGLEFORD Producing Royalties
5/24/2019 benDefault
https://app.drillinginfo.com/production/#/workspaces/21291adb-03d4-4829-5a16-de513dd025e4 1/1
5/24/2019 benDefault
https://app.drillinginfo.com/production/#/workspaces/21291adb-03d4-4829-5a16-de513dd025e4 1/1
5/24/2019 benDefault
https://app.drillinginfo.com/production/#/workspaces/21291adb-03d4-4829-5a16-de513dd025e4 1/1
Production Graph
DIMMIT TX - BUDA - EAGLEFORD Producing Royalties
Summary page selections(Monthly Production)
Liquid (bbls): Current Cum: 2,441,326 Total: 2,441,326Gas (MCF): Current Cum: 16,728,804 Total: 16,728,804
Liquid (bbls) Gas (MCF) Wells
Date
Jan
19
Jan
18
Jan
17
Jan
16
Jan
15
Jan
14
Liq
uid
(B
bls
)
1,000
5,000
10,000
50,000
100,000
500,000
1,000,000
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
© 2019 Drillinginfo
Source Assignments
DIMMIT TX - BUDA - EAGLEFORD Producing Royalties
INST NO.50399FilED FOri RECORD
DIMMiT COUNTY,TEXASJun 10, 2019 at 03:36:0(1 Pf#!
OIL, GAS,MINERAL AND ROYALTYCONVEYANCEFor valuable consideration, the receipt of which is acknowledged, Cindy Brown Keith, whose address is 119North Locust Street, st. Elmo, IL 62838 (hereinafter referred to as "Grantor"), does hereby bargain, sell,transfer, assign, and convey 100.0000% of Grantor's interests in all oil, gas, mineral, royalty, overridingroyalty, net profits, and other similar interests in the lands of Dimmit County, TX as described in Exhibit"A" unto the following Grantee(s). its/their successors and assigns:
\faL
Oak Tree Minerals, LLC2601 Network Blvd. Suite 404Frisco, TX 75034 e
63This conveyance is effective as of June 1, 2019 and includes all executive rights, bonuses, and delay rentals
applicable to Grantor's interest conveyed herein.Grantor agrees to pay any ad valorem taxes due on the interests herein conveyed prior to effective date. Allad valorem taxes attributable to the interests herein conveyed for after the effective date are theresponsibility of Grantee(s), its/their successors or assigns.Grantor warrants and agrees to defend the title to the interest herein conveyed against the lawful claims anddemands of all parties claiming or to claim the same, or any part thereof, by, through or under Grantor, butnot otherwise.
7
p
Cindy Brown Keith G
State of -rL § By: ~ ~ JleA...tt1nIL" § Cindy BfOWt1Ke&h
County of rOvi fVtlf<... § Owner
This instrument was acknowledged before me on V'f\ ~ 7._q,20li by Cindy BrownKeith.
oo35
OFFICIAL SEALMELISSA KARNES
NOTARY PUBLIC· STATE OF ILLINOISMy Commission Expires January 7. 2023
NotarYSignature:~ .~
Notary Name: b0eJi 550. tGtrt'1.l5
"-l- '7()73My Commission Expires: _-'----__ --"'L::::_::::.....::'-:..._",~ _(notary seal here)
Return To:OAK TREE MINERALS, LLC.2601 Network Boulevard, Suite 404Frisco, TX 75034
Prepared By:Derik ]. ToddOak Tree Minerals, LLC.
ID: 1069 Page 1 of 2
" -..
-~,
It is the Grantor's absolute intent to convey 100.0000% percent of the overriding royalty interests,non-producing royalty interests, term royalty and mineral interests, fee mineral interests, and oil, gas, orother mineral royalty interests in the lands of Dimmit County, TX, whether properly described below ornot.
vaL
EXHIBIT "A" oLegal Description417 acres, more or less, situated in Blocks One Hundred Fifty (150) and One Hundred Fifty-One (151) out ofSubdivision ''''H'''' of Taft-Catarina Subdivision, Dimmit County, Texas. and being more particularly describedin three (3) tracts as follows: TRACT ONE: 240 acres, more or less, and being the South half of Lot 1 andthe South half of Lot 2, all of Lot 7 and Lot 8, all in Block 151 out of Subdivision ""H"" of Taft-CatarinaProperties, Dimmit County. Texas; TRACT TWO: The North 60 of Lot 2. Block 150 out of Subdivision ""H""of Taft-Catarina Properties, Dimmit County. Texas; TRACT THREE: 117 acres. more or less, being Lot 1.Block 150, and the North 37 acres of Lot 8, Block 150 out of Subdivision ""H"" of Taft-Catarina Properties.Dimmit County. Texas; Being the same lands described in that certain Mineral Deed, dated November 20,1997, by and between Springman Texas Company and James D. Aderhold, Jr., et al, recorded in Volume266, Page 1 of the Deed Records of Dimmit County, Texas.
37
PGEND OF EXHIBIT "A"
Return To:OAK TREE MINERALS, LLC.2601 Network Boulev.ard, Suite 404Frisco, TX 75034
Prepared By:Derik]. ToddOak Tree Minerals, LLC.
oo36
10: 1069 Page 2 of 2
/