EL DORADO/HUGOTON SUB PKG #1

MCMULLEN CO, TX SALE PROCESS #1

651-Wells. 521-Active. 37,724-Net Acres

COURT ORDERED SALE & LIQUIDATION

AWP (OLMOS) FIELD

Thick Pay Zone. High Porosity

Stretches from Oil Window to Rich Gas

Maintenance & Operational Upside

NEW COMPRESSION INCREASING VOLS

100% OPERATED WI; 76% NRI FOR SALE

Gross Production: 190 BOPD & 7,500 MCFD

Net Volumes: 142 BOPD & 5,625 MCFD

TRUSTEE UPDATING CASH FLOWS

3rd Party Firm Est PDP PV10: $26,151,110

3rd Party: PDP Reserves: 18 Bcfe (77% Gas)

SUBPACKAGE 1 OF 2 PART LIQUIDATION

THIS VDR IS FOR BUYERS ON AWP ONLY

PP 7022DV