Horizontal Well Estimated Production/Payouts in Grady County (based on 3/16ths Royalty)

31 06N 07W Jobe 31-2H 5-Aug-13 EOG Hoxbar 1551 658 $ 14,711 $ 29,682 $ 82,318,080.00 31 06N 07W Badgett 31-4H 20-Feb-14 EOG Hoxbar 1292 1218 $ 12,517 $ 25,256 $ 70,043,306.67 31 06N 07W Scott Trust 31-5H 9-Apr-14 EOG Hoxbar 1038 592 $ 9,905 $ 19,984 $ 55,422,293.33 13 03N 05W Cosby 1-13H 19-Feb-13 Continental Woodford 389 8082 $ 6,796 $ 13,712 $ 38,027,946.67 30 06N 07W GB Ranch 1-30H 27-Mar-14 Unit Marchand 696 645 $ 6,739 $ 13,596 $ 37,706,240.00 16 06N 08W Allen 16-1H 26-Nov-13 EOG Hoxbar 668 615 $ 6,466 $ 13,046 $ 36,180,906.67 23 03N 05W Arrington 1-23H 27-Nov-13 Continental Woodford 328 8264 $ 6,299 $ 12,709 $ 35,246,293.33 24 03N 05W Newy 1-24H 5-Nov-13 Continental Woodford 312 7560 $ 5,873 $ 11,851 $ 32,866,773.33 27 06N 05W Sparks 1-27H 15-Jul-13 Continental Woodford 553 1331 $ 5,675 $ 11,451 $ 31,757,440.00 25 03N 05W Bearden 1-25H 23-Nov-13 Continental Woodford 202 8631 $ 5,269 $ 10,630 $ 29,480,533.33 20 07N 06W Wilkerson 1-20H 20-Feb-13 Continental Springer 528 830 $ 5,246 $ 10,584 $ 29,352,960.00 14 03N 05W Vinson 2H-14 20-Jan-14 Newfield Woodford 276 6791 $ 5,236 $ 10,565 $ 29,300,266.67 26 05N 06W KD Legacy BIA 1-26H 10-Jun-13 Marathon Woodford 275 5900 $ 4,877 $ 9,841 $ 27,292,373.33 12 07N 06W Healey 1-12H 5-Jul-12 Continental Woodford 487 827 $ 4,862 $ 9,811 $ 27,209,173.33 26 03N 05W Eula Mae 1-26H 1-Nov-13 Continental Woodford 198 7670 $ 4,854 $ 9,795 $ 27,164,800.00 25 06N 05W Bridwell 1-25H 23-Mar-14 Continental Woodford 454 1019 $ 4,630 $ 9,343 $ 25,911,253.33 35 07N 06W Elliott 1-35H 1-Dec-12 Continental Woodford 442 1263 $ 4,614 $ 9,310 $ 25,819,733.33 13 03N 05W Cosby 2-13H 12-May-14 Continental Woodford 220 6463 $ 4,586 $ 9,253 $ 25,661,653.33 28 04N 05W Wooten 1-28H 2-Jan-13 Continental Woodford 281 4935 $ 4,555 $ 9,190 $ 25,486,933.33 32 07N 05W Simms 1-32H 28-Jun-12 Continental Woodford 435 1220 $ 4,532 $ 9,144 $ 25,359,360.00 28 06N 05W Pipkin 1-28H 1-Feb-14 Continental Woodford 436 1186 $ 4,528 $ 9,136 $ 25,337,173.33 14 03N 05W Vinson 3H-14 26-Jan-14 Newfield Woodford 224 5836 $ 4,377 $ 8,832 $ 24,494,080.00 2 03N 05W Carson 1-2H 15-May-12 Continental Woodford 216 5843 $ 4,305 $ 8,687 $ 24,091,946.67 13 07N 06W Birt 1-13H 1-Nov-13 Continental Springer 439 507 $ 4,290 $ 8,655 $ 24,003,200.00 2 04N 06W McLemore Trust 1-2H 5-Sep-13 Marathon Woodford 207 6000 $ 4,283 $ 8,642 $ 23,967,146.67 1 03N 05W Knox 1-1H 9-Feb-13 Continental Woodford 224 5563 $ 4,270 $ 8,615 $ 23,892,266.67 31 06N 07W Jobe 31-3H 25-Oct-13 EOG Hoxbar 330 2650 $ 4,115 $ 8,302 $ 23,024,213.33 20 05N 05W McLemore 1-20H 26-Apr-14 Eagle Rock Woodford 337.2 1963 $ 3,912 $ 7,893 $ 21,889,920.00 22 06N 06W Prim 1-22H 13-May-13 Continental Woodford 238 4282 $ 3,898 $ 7,865 $ 21,812,266.67 16 06N 05W Nightengale 1-16H 21-Dec-12 Continental Woodford 384 774 $ 3,882 $ 7,832 $ 21,720,746.67 14 03N 05W Vinson 1H-14 26-Aug-12 Newfield Woodford 207 4886 $ 3,846 $ 7,760 $ 21,521,066.67 17 06N 05W Kolt 1-17H 23-May-14 Continental Woodford 395 356 $ 3,820 $ 7,708 $ 21,376,853.33 Page 1 of 6 6/30/2014

29 03N 05W Shi Randall 4-29H 29-Sep-11 Marathon Woodford 72 8000 $ 3,810 $ 7,687 $ 21,318,613.33 31 07N 05W Dyer 1-31H 16-Nov-12 Continental Woodford 375 791 $ 3,805 $ 7,677 $ 21,290,880.00 9 06N 06W Spray 1-9H 7-Feb-14 Continental Woodford 252 3539 $ 3,737 $ 7,540 $ 20,910,933.33 36 03N 05W Charles 1-36H 26-Aug-13 Continental Woodford 93 7033 $ 3,626 $ 7,316 $ 20,289,706.67 12 03N 05W Faith 1H-12 7-May-12 Newfield Woodford 190 4503 $ 3,537 $ 7,137 $ 19,793,280.00 32 05N 05W Riddle 14-32H 15-Jul-13 Eagle Rock Woodford 224 3606 $ 3,502 $ 7,066 $ 19,596,373.33 28 07N 06W Riley 1-28H 16-Dec-13 Continental Woodford 245.6 3085 $ 3,499 $ 7,060 $ 19,579,733.33 14 07N 06W Lowers 1-14H 20-Jan-14 Continental Woodford 349 598 $ 3,487 $ 7,035 $ 19,510,400.00 10 03N 05W Auld 1-10H 13-Aug-12 Continental Woodford 143 5476 $ 3,481 $ 7,024 $ 19,479,893.33 30 04N 05W Sandy Creek Ranch 1-30H 29-Aug-13 Continental Woodford 179 4610 $ 3,477 $ 7,015 $ 19,454,933.33 21 07N 05W Mills 1-21H 24-Jun-12 Continental Woodford 324 1033 $ 3,424 $ 6,909 $ 19,160,960.00 11 03N 05W Lambakis 1-11H 4-Jun-11 Continental Woodford 150 5102 $ 3,399 $ 6,859 $ 19,022,293.33 2 06W 06W Fieck 1-2H 8-Jun-14 Continental Woodford 320 950 $ 3,555 $ 6,768 $ 18,769,920.00 4 03N 05W Greenwood 1H-4 12-Jul-12 Newfield Woodford 158 4791 $ 3,352 $ 6,763 $ 18,756,053.33 32 04N 05W Jackpot 1-32H 13-Apr-13 Continental Woodford 151 4797 $ 3,289 $ 6,636 $ 18,403,840.00 12 03N 05W Faith 3H-12 20-Dec-12 Newfield Woodford 188 3870 $ 3,270 $ 6,598 $ 18,298,453.33 33 07N 06W Lucky Penny 1-33H 3-Aug-13 Continental Woodford 215 3159 $ 3,243 $ 6,543 $ 18,145,920.00 24 07N 06W Williams 1-24H 7-Oct-13 Continental Woodford 317 643 $ 3,206 $ 6,469 $ 17,940,693.33 15 07N 06W Robinson 1-15H 6-Dec-12 Continental Woodford 319 555 $ 3,190 $ 6,437 $ 17,851,946.67 14 03N 05W Vinson 4H-14 30-Jan-14 Newfield Woodford 128 5047 $ 3,173 $ 6,402 $ 17,754,880.00 36 07N 05W Green Acres 1-36H 12-Feb-14 Continental Woodford 321 455 $ 3,170 $ 6,395 $ 17,735,466.67 36 04N 05W Estes 1-36H 10-Dec-13 Continental Woodford 192 3369 $ 3,111 $ 6,277 $ 17,408,213.33 23 10N 07W Rocky Road 1-23H 30-Mar-14 Cimarex Woodford 123 4657 $ 2,973 $ 5,999 $ 16,637,226.67 21 07N 06W Corley 1-21H 10-Aug-13 Continental Woodford 265 1144 $ 2,918 $ 5,888 $ 16,329,386.67 34 07N 06W Guthery 1-34H 25-Sep-13 Continental Woodford 261 1150 $ 2,883 $ 5,818 $ 16,135,253.33 12 03N 05W Faith 4H-12 14-Dec-12 Newfield Woodford 181 3014 $ 2,869 $ 5,789 $ 16,054,826.67 34 04N 05W Worthington 1-34H 23-Dec-12 Continental Woodford 152 3543 $ 2,806 $ 5,663 $ 15,705,386.67 1 04N 06W Brown Trust 1-1H 20-Jan-13 Marathon Woodford 197 2463 $ 2,802 $ 5,654 $ 15,680,426.67 14 03N 05W Vinson 5H-14 3-Feb-14 Newfield Woodford 84 5049 $ 2,764 $ 5,576 $ 15,464,106.67 12 03N 05W Faith 2H-12 19-Dec-12 Newfield Woodford 152 3407 $ 2,753 $ 5,555 $ 15,405,866.67 16 06N 06W Lou 1-16H 29-Aug-11 Continental Woodford 168 2718 $ 2,632 $ 5,310 $ 14,726,400.00 14 10N 08W Frey 14-10-8 1H 19-Feb-13 Devon Woodford 203 1871 $ 2,626 $ 5,298 $ 14,693,120.00 Page 2 of 6 6/30/2014

27 07N 06W IGO 1-27H 17-Jan-12 Continental Woodford 165 2673 $ 2,586 $ 5,218 $ 14,471,253.33 1 06N 05W Evans 1-1H 30-Nov-12 Continental Woodford 264 241 $ 2,555 $ 5,154 $ 14,293,760.00 20 04N 05W Dawkins 1-20H 15-Aug-12 Continental Woodford 145 3048 $ 2,547 $ 5,139 $ 14,252,160.00 9 03N 05W Goff Brothers 1-9H 24-Nov-13 Vitruvian Woodford 59 4994 $ 2,509 $ 5,063 $ 14,041,386.67 32 07N 06W Nunn 1-32H 8-Jul-12 Continental Woodford 182 1951 $ 2,461 $ 4,966 $ 13,772,373.33 1 07N 06W MCEVOY 1H-1 19-Aug-12 Newfield Woodford 242 395 $ 2,410 $ 4,863 $ 13,486,720.00 19 04N 05W Painter 1-19H 23-Mar-12 Continental Woodford 132 2938 $ 2,383 $ 4,808 $ 13,334,186.67 16 04N 05W Plato 1-16H 4-Jan-13 Continental Woodford 134 2854 $ 2,368 $ 4,779 $ 13,253,760.00 33 04N 05W Croom 1-33H 4-Apr-13 Continental Woodford 111 3386 $ 2,363 $ 4,767 $ 13,220,480.00 15 06N 06W Issac Taylor 1-15H 16-Jan-14 Marathon Woodford 131 2911 $ 2,363 $ 4,767 $ 13,220,480.00 17 07N 06W Ballard 1-17H 17-Mar-10 Continental Woodford 212 869 $ 2,316 $ 4,674 $ 12,962,560.00 20 03N 05W Eli 1-20H 2-Jan-13 Marathon Woodford 24 5292 $ 2,300 $ 4,641 $ 12,871,040.00 30 06N 07W Earl 1-30H 30-Nov-13 Unit Medrano 65 4104 $ 2,116 $ 4,471 $ 12,399,573.33 12 03N 05W Faith 5H-12 19-Dec-12 Newfield Woodford 134 2275 $ 2,141 $ 4,320 $ 11,980,800.00 8 06N 05W Beutler Trust 1-8H 15-Jul-09 Western Woodford 215 219 $ 2,089 $ 4,216 $ 11,692,373.33 9 08N 08W Nevu 33-3H 18-Jan-09 Sheridan Marchand 222 29 $ 2,080 $ 4,197 $ 11,639,680.00 29 07N 06W Dana 1-29H 6-Oct-10 Continental Woodford 115 2473 $ 2,042 $ 4,120 $ 11,426,133.33 2 06N 06W Hendrix 1-3H 6-Jul-12 Continental Woodford 166 1203 $ 2,019 $ 4,073 $ 11,295,786.67 3 07N 06W Parnell 1-3H 13-Sep-13 Continental Woodford 197 382 $ 1,986 $ 4,006 $ 11,109,973.33 36 06N 08W Cody 1-36H 2-Jun-14 Unit Hoxbar 175 856 $ 1,967 $ 3,968 $ 11,004,586.67 22 07N 06W Walters 1-22H 20-Jul-12 Continental Woodford 186 511 $ 1,934 $ 3,902 $ 10,821,546.67 22 04N 05W Olson 1-22H 9-Dec-12 Continental Woodford 84 2874 $ 1,910 $ 3,854 $ 10,688,426.67 10 07N 06W Ramsey 1-10H 24-Mar-14 Continental Woodford 169.4 303 $ 1,697 $ 3,425 $ 9,498,666.67 27 04N 05W Spies 4-27H 25-Nov-12 Marathon Woodford 86 2153 $ 1,646 $ 3,321 $ 9,210,240.00 27 04N 05W Spies 5-27H 23-Nov-12 Marathon Woodford 79 2159 $ 1,583 $ 3,194 $ 8,858,026.67 31 07N 06W Kathryn 1-31H 10-Mar-14 Continental Woodford 74 2273 $ 1,581 $ 3,191 $ 8,849,706.67 17 08N 08W Nevu 53-3H 20-Oct-08 Sheridan Marchand 165 36 $ 1,552 $ 3,131 $ 8,683,306.67 20 06N 07W Ezra Flowers 1-20H 11-Oct-13 Unit Hoxbar 48 2629 $ 1,479 $ 2,984 $ 8,275,626.67 14 09N 08W Sprowls 1-14H 20-Jan-11 Continental Woodford 62 2294 $ 1,478 $ 2,982 $ 8,270,080.00 32 08N 06W Standridge 1-32H 16-May-12 Continental Woodford 132 574 $ 1,455 $ 2,936 $ 8,142,506.67 4 06N 06W Gill 1-4H 27-Feb-14 Continental Woodford 73 1969 $ 1,453 $ 2,931 $ 8,128,640.00 27 04N 05W Spies 6-27H 25-Nov-12 Marathon Woodford 51 2453 $ 1,438 $ 2,901 $ 8,045,440.00 Page 3 of 6 6/30/2014

3 06N 07W Claiborne 5-3H 3-May-11 Unit Hoxbar 13 3260 $ 1,400 $ 2,825 $ 7,834,666.67 3 10N 08W Greer 1-3H 14-Jul-11 Cimarex Woodford 114.7 844 $ 1,400 $ 2,825 $ 7,834,666.67 27 04N 05W Spies 3-27H 24-Nov-12 Marathon Woodford 46 2434 $ 1,384 $ 2,792 $ 7,743,146.67 28 08N 07W Meadors 1-28H 11-Nov-13 Continental Woodford 23 2933 $ 1,365 $ 2,754 $ 7,637,760.00 27 04N 05W Spies 2-27H 25-Nov-12 Marathon Woodford 61 1990 $ 1,349 $ 2,722 $ 7,549,013.33 13 09N 08W Sprowls 1-13H 21-Mar-12 Marathon Woodford 59 1839 $ 1,311 $ 2,644 $ 7,332,693.33 4 10N 08W Oaks 1-4H 3-Aug-10 Cimarex Woodford 58.3 1908 $ 1,292 $ 2,607 $ 7,230,080.00 3 03N 05W Wilson 1H-3 10-Jan-13 Newfield Woodford 59 1869 $ 1,283 $ 2,589 $ 7,180,160.00 21 04N 05W Cooper 1-21H 5-Mar-13 Marathon Woodford 56 1924 $ 1,277 $ 2,576 $ 7,144,106.67 27 04N 05W Spies 1-27H 24-Nov-11 Marathon Woodford 51 1692 $ 1,139 $ 2,298 $ 6,373,120.00 35 08N 07W Beam 1-35H 14-Jul-13 Continental Woodford 36.7 1900 $ 1,087 $ 2,194 $ 6,084,693.33 17 03N 05W K. Richards 6-17H 17-Feb-12 Marathon Woodford 114 8 $ 1,065 $ 2,150 $ 5,962,666.67 23 07N 07W Thomas 2-23H 22-Feb-11 Apache Hoxbar 22 1960 $ 974 $ 1,965 $ 5,449,600.00 2 06N 07W Dunn 4-2H 16-Apr-10 Unit Hoxbar 8.34 1999 $ 861 $ 1,738 $ 4,820,053.33 23 04N 05W Burkes 1-23H 17-Mar-13 Marathon Woodford 24 1516 $ 818 $ 1,651 $ 4,578,773.33 11 10N 08W Vickery 1-11H 31-Jul-13 Cimarex Woodford 46.7 590 $ 667 $ 1,345 $ 3,730,133.33 35 04N 05W Trigg 1-35H 28-Jul-12 Marathon Woodford 16 1146 $ 599 $ 1,208 $ 3,350,186.67 3 06N 07W Claiborne 4-3H 15-May-11 Unit Hoxbar 0 1470 $ 577 $ 1,164 $ 3,228,160.00 2 06N 07W Dunn 5-2H 20-Mar-11 Unit Hoxbar 0 1157 $ 454 $ 916 $ 2,540,373.33 16 10N 08W Calvert 1-16H 8-Dec-09 Cimarex Woodford 17 740 $ 449 $ 905 $ 2,509,866.67 30 05N 07W Berry 1-30H 20-Oct-13 EOG Hoxbar 43 47 $ 419 $ 846 $ 2,346,240.00 12 10N 08W Koerner Trust 1-12H 25-Aug-11 Devon Woodford 25 341 $ 367 $ 740 $ 2,052,266.67 34 10N 08W Treadaway 1-34H 13-Aug-11 Devon Woodford 17 405 $ 317 $ 640 $ 1,774,933.33 14 08N 05W Swanson 1H-14 26-Dec-12 Newfield Woodford 27 85 $ 285 $ 575 $ 1,594,666.67 31 03N 05W Harrison 1-31H 2-Sep-13 Marathon Woodford 0 600 $ 235 $ 475 $ 1,317,333.33 11 07N 06W McCalla 1-11H 5-Jan-09 Continental Woodford 24 0 $ 224 $ 451 $ 1,250,773.33 Page 4 of 6 6/30/2014

Section Township Range Well Name and # Test Date Company Formation BOPD Gas MCF/d $ Per Acre ($95 Oil / $4 Gas) 4 Year Est $ Per Acre ($95 Oil / $4 Gas) 4 Year Est Operator / Participant Revenue (13/16ths * 640) 7 & 18 04N 05W Singer 1-18-7XH 25-Jun-13 Continental Woodford 595 7179 7 04N 05W 37.90% (from Permit to Drill) 225.5 2720.8 $ 3,169 $ 6,394 $ 17,732,693.33 18 04N 05W 62.10% (from Permit to Drill) 369.5 4458.2 $ 5,192 $ 10,476 $ 29,053,440.00 3 & 34 6N / 7N 05W Hansell 1-3-34XH 18-Oct-13 Continental Woodford 548 610 3 06N 05W 47% (from Permit to Drill) 257.6 286.7 $ 2,153 $ 5,070 $ 14,060,800.00 34 07N 05W 53% (from Permit to Drill) 290.4 323.3 $ 2,833 $ 5,716 $ 15,852,373.33 8 & 17 04N 05W Johnson Rogers 1-17X8H 23-Feb-14 Vitruvian Woodford 324 5381 8 04N 05W 40% (from Permit to Drill) 129.6 2152.4 $ 2,052 $ 4,141 $ 11,484,373.33 17 04N 05W 60% (from Permit to Drill) 194.4 3228.6 $ 3,078 $ 6,211 $ 17,225,173.33 20 & 17 08N 06W C.G. 1-20-17XH 8-Jun-14 Continental Woodford 425 1346 17 08N 06W 52.72% (from Permit to Drill) 224.1 709.61 $ 2,367 $ 4,775 $ 13,242,666.67 20 08N 06W 47.28% (from Permit to Drill) 200.9 636.39 $ 2,122 $ 4,281 $ 11,872,640.00 11 & 2 03N 05W Lambakis 2-11-2XH 22-Apr-14 Continental Woodford 162 6292 2 03N 05W 50% (from Permit to Drill) 81 3146 $ 1,989 $ 4,013 $ 11,129,386.67 11 03N 05W 50% (from Permit to Drill) 81 3146 $ 1,989 $ 4,013 $ 11,129,386.67 2 & 35 7N & 8N 06W McEvoy 1-2-35XH 18-Feb-14 Continental Woodford 332 555 2 07N 06W 50% (from Permit to Drill) 166 277.5 $ 1,656 $ 3,341 $ 9,265,706.67 35 08N 06W 50% (from Permit to Drill) 166 277.5 $ 1,656 $ 3,341 $ 9,265,706.67 34 & 27 08N 06W Brannan 1-34-27XH 10-Mar-14 Continental Woodford 307 635 27 08N 06W 52.73% (from Permit to Drill) 161.9 334.84 $ 1,640 $ 3,309 $ 9,176,960.00 34 08N 06W 47.27% (from Permit to Drill) 145.1 300.16 $ 1,470 $ 2,966 $ 8,225,706.67 15 &10 03N 05W Goff 1-15-10XH 11-Apr-14 Continental Woodford 75 5251 10 03N 05W 52.64% (from Permit to Drill) 39.48 2764.1 $ 1,452 $ 2,930 $ 8,125,866.67 15 03N 05W 47.36% (from Permit to Drill) 35.52 2486.9 $ 1,307 $ 2,637 $ 7,313,280.00 Page 5 of 6 6/30/2014

Section Township Range Well Name and # Test Date Company Formation BOPD Gas MCF/d $ Per Acre ($95 Oil / $4 Gas) 4 Year Est $ Per Acre ($95 Oil / $4 Gas) 4 Year Est Operator / Participant Revenue (13/16ths * 640) 28 & 21 08N 06W Crowley 1-28-21XH 18-May-14 Continental Woodford 221 716 21 08N 06W 52.04% (from Permit to Drill) 115 372.64 $ 1,218 $ 2,457 $ 6,814,080.00 28 08N 06W 47.96% (from Permit to Drill) 106 343.36 $ 1,122 $ 2,265 $ 6,281,600.00 16 & 9 07N 06W Yell 1-16-9XH 21-Nov-13 Continental Woodford 213 367 9 07N 06W 36.76% (from Permit to Drill) 78.3 134.91 $ 783 $ 1,579 $ 4,379,093.33 16 07N 06W 63.24% (from Permit to Drill) 134.7 232.09 $ 1,346 $ 2,716 $ 7,532,373.33 24 & 25 06N 06W Winter Creek 1-25XH 3-Apr-14 Marathon Woodford 40 2276 24 06N 06W 64.00% (from Permit to Drill) 25.6 1456.6 $ 810 $ 1,634 $ 4,531,626.67 25 06N 06W 36.00% (from Permit to Drill) 14.4 819.36 $ 456 $ 919 $ 2,548,693.33 35 & 26 07N 05W Triple Rimer 1-35-26XH 21-May-14 Continental Woodford 66.7 300 26 07N 05W 52.33% (from Permit to Drill) 34.9 156.99 $ 387 $ 780 $ 2,163,200.00 35 07N 05W 47.67% (from Permit to Drill) 31.8 143.01 $ 352 $ 711 $ 1,971,840.00 Page 6 of 6 6/30/2014