Collie Mineral Interest, Reeves County, Texas

•  644.0600 Gross Acres

•  33.3333% Mineral Interest

•  214.6867 Net Mineral Acres

•  236.1553 Net Royalty Acres

•  Operated by Colgate Operating, LLC & Jetta Operating Company, Inc.

•  Potential Horizontal Objectives:
3rd Bone Spring, Wolfcamp A XY, Wolfcamp A Lower, Wolfcamp B,
& Wolfcamp C

•  15 Producing Vertical Delaware Wells

•  1 Producing Horizontal Wolfcamp Well

•  4 Horizontal Wolfcamp DUCs

•  Average Daily Production:
103 BOPD & 241 MCFGPD (Gross)
5 BOPD & 11 MCFGPD (Net)

•   Average Net Income:
$16,571 / Month