MINERAL PORTFOLIO FOR SALE

NORTH LOUISIANA & EAST TEXAS

126-PDP Wells. 21-Permits, 96-PUD.

HAYNESVILLE & MIDDLE BOSSIER

Core Position: Caddo, Red River & De Soto LA

Also a Small Portion In Panola Co., TX

Delivering 2,200 NMA w/ ~4,100 NRAs

Seller Participated W/ Minerals In Core Area

--- Majority of Value Under Carried NonOp WI

Gross Prod: 172 MMCFD & 99 BOPD

Net Volumes: 3,800 MCFED

Current Net Cash Flow: ~$200,000/Mn

Operators Incl: Aethon, BPX, CHK, & TG

----PHDWin & ARIES Database Available

QUALIFIED BUYERS ONLY - WILL BREAK UP

RR 7370M