TEXLAND NEW MEXICO PACKAGE

LEA CO., NM ASSETS FOR SALE

37-Wells (21-Producers, 10-Injectors, 1-SWD)

HOBBS, GARRETT & SHIPP FIELDS

BLINEBRY, DRINKARD & STRAWN

Formation Depth: 6,000-11,000 TVD

MULTIPAY RESERVOIRS

BEHIND PIPE & WATERFLOOD UPSIDE

80-100% OPERATED WI. High NRIs.

Gross Production: 162 BOPD & 497 MCFD

Net Production: 118 BOPD & 297 MCFD

Operating Cash Flow: $161,000/Mn (L12M)

SELLER ASKING PV15-PV20

PP 1835DV