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CML Participation Wells...December NOTE! Total production...using the outdated 6:1 ratio for comparison only !! Current actual energy equivalency conversion ratio has averaged approx 25:1....thru 2019... Barrels of oil equivalent ("boe") may be misleading, particularly if used in isolation. A boe conversion ratio of six thousand cubic feet of natural gas to one barrel of crude oil is based on an energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead. Given that the value ratio based on the current price of crude oil as compared to natural gas is significantly different from the energy equivalency conversion ratio of 6:1, utilizing a conversion on a 6:1 basis is misleading as an indication of value. API #33226 RRC #18585 Location 9.8 miles E of Crystal City Dual Lateral Buda Well Spud March 18 2015 Amended to add 3rd Lateral May 5 2015 RRC Prod..Oil/Brls..Gas/MCF July...1,018 Oil....3,884 Gas Aug...1,179 Oil....3,329 Gas Sept..1,107 Oil....4,090 Gas Oct.......667 Oil....1,833 Gas Nov...1,212 Oil....3,829 Gas Dec.....861 Oil.....1,279 Gas 1st Production...May 2015 Cum Oil...Cum Gas..Gas Equiv...BOE 302,776. 76/24 Oil/Gas % Beeler Ranch #1..Zavala..CML Exploration..USEG W....6.1% API #33299 RRC #19362 Location 9.8 miles E of Crystal City Dual Lateral Georgetown Well Spud November 9 2017 RRC Prod..Oil/Brls..Gas/MCF July....1,582 Oil....15,655 Gas Aug....1,196 Oil.....4,402 Gas Sept...1,574 Oil.....3,699 Gas Oct.....1,157 Oil.......933 Gas Nov....1,125 Oil.....2,384 Gas Dec....1,031 Oil.....2,650 Gas 1st Production...December 2017Cum Oil...Cum Gas..Gas Equiv...BOE 211,097....308,458....51,410.....262,507 80/20 Oil/Gas % J Beeler #1..Zavala..CML Exploration..USEG WI..30% API #33335 RRC #19529 Location 13.5 SE of Crystal City Dual Lateral Georgetown Well Spud October 21 2018 Initial 24 Hour Rate...1,255 Oil...1,016 Gas / 1,427 boepd RRC Prod..Oil/Brls..Gas/MCF July...16,015 Oil...11,042 Gas Aug...17,180 Oil...18,715 Gas Sept..17,715 Oil...23,054 Gas Oct....13,128 Oil...14,459 Gas Nov.....9,708 Oil...14,958 Gas Dec...10,450 Oil...13,463 Gas 1st Production...November 2018 Cum Oil...Cum Gas..Gas Equiv....BOE 207,435....237,403....39,567.....247,002 84/16 Oil/Gas %Aaron #1...Zavala...CML Exploration..USEG WI...6.4% API #33346 RRC #19804 Location..12.0 miles SE of Crystal City Triple Lateral Georgetown Well spud March 3 2019 RRC Prod..Oil/Brls..Gas/MCF |