Mid-Continent Energy ExchangeO i l & G a s A s s e t A u c t i o n s

Lot 108 Data PacketAlbin 12-34

Partial Working Interest in Gove County, KS

In this Document: Lot Summary

Income and Expenses Production

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Lot Summary

County/State: Gove County, KS

Legal Description: NW Sec 34-14S-26W

Acres: 160

Asset Type: Partial Working Interest

Gross Working Interest: 38%

Net Revenue Interest: 31.35%

$159.58Net Income (12 mo):

API: 15-063-21694

Operator: Central Operating, Inc.

Lease Name: Albin 12-34

The Albin 12-34 was drilled in November 2007 by Central Operating, Inc. It was perforated in Mississippian and the Lansing Kansas City, and was completed as a Lansing Kansas City well. The Albin 12-34 has made a cumulative of 10,689 BO and today is making approximately 1.2 BOPD.

This lease holds 160 acres and has been shot with 3D seismic. There is a possible drilling location remaining on this acreage.

Purchaser: CHS McPherson Refinery Inc

Lease #: 138964

Disclaimer: Bidders must conduct their own due diligence prior to bidding at the auction. Bidders shall rely upon their own evaluations of the properties and not upon any representation either oral or written provided here. This is a summary of information provided by the seller to Mid-Continent Energy Exchange.

Income and Expenses

Summarymonths income info12

Gross Income: $9,541.00

Gross Expense: $7,626.00

TOTAL: $1,915.00

Per Month: $159.58

Taxes $353.00

Production

11/27/2019 PetroBase Explorer

https://petrobase-explorer.net/report/lease 1/3

ALBIN 1 138964 Lease #: 138964

Lease and Production InformationState County OperatorKS GOVE CENTRAL OPERATING, INC.Location Meridan Quarter Call Formation Horizontal Production Months34-14S-26W 6th (west -96.28) No 136

Oil GasFirst Prod Date 2008-01-01Last Sale 2019-04-01Daily Rate 0.67MoM Change 164YoY Change 0Cumulative 10690

Production SnapshotMonth BOPM MCFPM05-201806-201807-201808-2018 15809-201810-201811-201812-201801-201902-201903-201904-2019 164Average 161

Annual AveragesYear Avg BOPM Avg MCFPM2015 272016 272017 262018 272019 41

11/27/2019 PetroBase Explorer

https://petrobase-explorer.net/report/lease 2/3

ALBIN 1 138964 - Production Plot

11/27/2019 PetroBase Explorer

https://petrobase-explorer.net/report/lease 3/3

ALBIN 1 138964 Associated WellsTotal Well Count: 1

Well Name API Operator Type StatusALBIN 12-34 15063216940000 CENTRAL OPERATING, INC. Oil ProducingLocation Spot Foot-NS Foot-EW Foot-ref Zone34-14S-26W SE NE NW -750 2290 NW MISSISSIPPIANSpud Completion First Production2007-11-14 2007-12-21Elevation MD TV-TD Cmpl-Top Cmpl-Btm PBTD Drill-Dir Lateral2348 KB 4331

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