“Hamman Mineral Interest”

Upton County, Texas

Producing Mineral Interest

•   624.5900 Gross Acres

•   17.578125% Mineral Interest

•    109.7912 Net Mineral Acres

•   53.5412 Net Royalty Acres

•   Operated by Earthstone Operating, LLC &
Pioneer Natural Resources USA, Inc.

•    Potential Horizontal Objectives:
Middle & Lower Spraberry, Wolfcamp A, Upper &
Lower Wolfcamp B, Wolfcamp C & Wolfcamp D

•    2 Producing Horizontal Wolfcamp B Wells

•    1 Producing Vertical Wolfberry Well

•    5 DUC Horizontal Wolfcamp Wells

•    Average Daily Production:
27 BOPD & 88 MCFPD (Gross)
0.28 BOPD & 0.92 MCFPD (Net)

•    Average Net Income:
$1,132 / Month