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Oil & Gas Auction March 2nd, 2018 Registration @ 9:00am Opening Terms & Conditions/Comments @ 9:50am Auction Begins @ 10:06am Lunch Served @ 11:30am The Wichita Boathouse 515 S. Wichita Street Wichita, KS 67202 Selected lots in this auction are being sold subject to seller confirmation. If you have any questions regarding this please call our office. Revision 26 Auction Lot Information Guide Auction Begins at 10:06am! Oil & Gas Asset Auctions

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Page 1: Oil & Gas Auctioninfo.mceeauction.com.s3.amazonaws.com/Mar2/Mar2Auction...Oil & Gas Auction March 2nd, 2018 Registration @ 9:00am Opening Terms & Conditions/Comments @ 9:50am Auction

Oil & GasAuction

March 2nd, 2018

Registration @ 9:00amOpening Terms & Conditions/Comments @ 9:50amAuction Begins @ 10:06amLunch Served @ 11:30amThe Wichita Boathouse515 S. Wichita StreetWichita, KS 67202

Selected lots in this auction are being sold subject to seller confirmation. If you have any questions regarding this please

call our office.

Revision 26

Auction Lot Information Guide

Auction Begins at 10:06am!

O i l & G a s A s s e t A u c t i o n s

Page 2: Oil & Gas Auctioninfo.mceeauction.com.s3.amazonaws.com/Mar2/Mar2Auction...Oil & Gas Auction March 2nd, 2018 Registration @ 9:00am Opening Terms & Conditions/Comments @ 9:50am Auction

Selected lots in this auction are being sold subject to seller confirmation. If you have any questions regarding

this please call our office.

Auction Lot Information Guide

Selected lots in this auction are being sold subject to seller confirmation. If you have any questions regarding

this please call our office.

Auction Lot Information Guide

For latest lot information visit mceeauction.com

Bid Online at MCEEOnline.com

Page 3: Oil & Gas Auctioninfo.mceeauction.com.s3.amazonaws.com/Mar2/Mar2Auction...Oil & Gas Auction March 2nd, 2018 Registration @ 9:00am Opening Terms & Conditions/Comments @ 9:50am Auction

Lot Lease name Interest Type County, State Operator1 Ross 1,2,&3 Royalty Grant, KS Merit Energy2 Jennings 1,2&3 & Lehman 4 Royalty Grant, KS Linn Energy3 Seib #1 ORRI Ness, KS Brehm Asset Management3a Seib #1 ORRI Ness, KS Brehm Asset Management4 Sharron Lease 1,2,3,4 ORRI Barber, KS Griffin Management, LLC5 Springer 1,2,3 ORRI Barber, KS Griffin Management, LLC6 Sherry Lease 1-9, 2-9, 3-9 ORRI Barber, KS Griffin Management, LLC7 R. Dechant #1 PWI Ellis, KS Dechant Oil Company8 Springer B1 & B2 ORRI Barber, KS Griffin Management, LLC9 Howell & Shinogle Operated Lease Clark/Meade, KS Jo-Allyn Oil Co., Inc10 Feldkamp Operated Lease Ellis, KS Meridian Energy LLC11 Cimarron & Goldie Operated Lease Beaver, OK Jo-Allyn Oil Co., Inc12 Mary Rush PWI Graham, KS Anderson Energy, Inc13 McGuire, Sizelove & Vernon Operated Lease Beaver, OK Jo-Allyn Oil Co., Inc14 Rush Trust PWI Graham, KS Anderson Energy, Inc15 Doty Estate PWI Gove, KS Anderson Energy, Inc16 Williams PWI Stafford, KS Anderson Energy, Inc17 Lorraine & Vena Bell Operated Lease Beaver, OK Jo-Allyn Oil Co., Inc18 Weyand & Saddler PWI Thomas, KS Anderson Energy, Inc19 Ryan PWI Thomas, KS Anderson Energy, Inc20 Owens Petroleum Package Operated Lease Woodson, KS Owens Petroleum, LLC21 Marple & Thorsell Operated Lease Wilson, KS P&R Oilfield Services22 Harper OK Package 1 Operated Lease Harper, OK Jo-Allyn Oil Co., Inc23 Jacob Brothers ORRI Decatur, KS Suemaur Exploration & Production,LLC24 Campbell ORRI Sheridan, KS Suemaur Exploration & Production,LLC25 Schroeder ORRI Sheridan, KS Suemaur Exploration & Production,LLC26 Schroeder ORRI Sheridan, KS Suemaur Exploration & Production,LLC27 Schroeder et al ORRI Sheridan, KS Suemaur Exploration & Production,LLC28 Schroeder et al ORRI Sheridan, KS Suemaur Exploration & Production,LLC29 Shawn Spresser Trust ORRI Sheridan, KS Suemaur Exploration & Production,LLC30 Shawn Spresser Trust ORRI Sheridan, KS Suemaur Exploration & Production,LLC31 Spresser ORRI Sheridan, KS Suemaur Exploration & Production,LLC

Table of Contents for March 2nd, 2018 AuctionAuction starts promptly at 10:06am!

Page 4: Oil & Gas Auctioninfo.mceeauction.com.s3.amazonaws.com/Mar2/Mar2Auction...Oil & Gas Auction March 2nd, 2018 Registration @ 9:00am Opening Terms & Conditions/Comments @ 9:50am Auction

Lot Lease name Interest Type County, State Operator32 Spresser ORRI Sheridan, KS Suemaur Exploration & Production,LLC33 Kuehn Family Trust ORRI Sheridan, KS Suemaur Exploration & Production,LLC34 Armbrister, Gugler Operated Lease Trego, KS Edison Operating Company, LLC35 Lot Removed36 Zahorsky Operated Lease Barton, KS Edison Operating Company, LLC37 Alexander, Section 35, & Strahm Operated Lease Woodson, KS Duke Oil & Gas Company38 Massier ‘A’ #1-8 PWI Ellis, KS McCoy Petroleum Corp39 KST ‘A’ #1-3 PWI Rooks, KS McCoy Petroleum Corp40 Farr Trust ‘B’ #1-14 PWI Rooks, KS McCoy Petroleum Corp41 Sullivan Trust ‘A’ #1-17 PWI Ellis, KS McCoy Petroleum Corp42 Madden ‘A’ #1, 2 & 4 SWD PWI Ellis, KS McCoy Petroleum Corp43 Joy ‘A’ #1-28 PWI Ellis, KS McCoy Petroleum Corp44 Bellerive ‘A’ #1 & 2-3 PWI Rooks, KS McCoy Petroleum Corp45 Seib ‘A’ #1-9 PWI Ellis, KS McCoy Petroleum Corp46 Gaskill Range Bertrand Unit 5-1 ORRI Logan, KS StrataKan Exploration, LLC46a Gaskill Range Bertrand Unit 5-1 ORRI Logan, KS StrataKan Exploration, LLC47 Erskin Trust #1 ORRI Scott, KS Ritchie Exploration, Inc.48 Phillips CTB ORRI Gove, KS Ritchie Exploration, Inc.49 Hess 20-21 CTB, 28-29 CTB,

Hess Joseph CTB, Hess 29ORRI Gove, KS Ritchie Exploration, Inc.

50 Seward SW ORRI Stafford, KS StrataKan Exploration, LLC51 Seward SW ORRI Stafford, KS StrataKan Exploration, LLC52 American Land & Energy

PackagePWI Ellis, KS American Land and Energy LLC

53 Ritter & Evelyn PWI Decatur, KS Great Plains Energy54 Betts Travis Peak RI Leon, TX BRG Energy Inc.55 Belle Lease PWI Barber, KS Griffin Management56 Griffin Package 1 PWI Barber, KS Griffin Management57 Griffin Package 2 PWI Barber, KS Griffin Management58 Multiple Lease Lot PWI Barber, KS Griffin Management59 Sharon Lease PWI Barber, KS Griffin Management60 Springer B PWI Barber, KS Griffin Management61 Springer Lease PWI Barber, KS Griffin Management62 Davingnon Operated Lease Graham, KS Mar-Lou Oil Co. LLC

Table of Contents for March 2nd, 2018 AuctionAuction starts promptly at 10:06am!

Page 5: Oil & Gas Auctioninfo.mceeauction.com.s3.amazonaws.com/Mar2/Mar2Auction...Oil & Gas Auction March 2nd, 2018 Registration @ 9:00am Opening Terms & Conditions/Comments @ 9:50am Auction

Table of Contents for March 2nd, 2018 AuctionAuction starts promptly at 10:06am!

Lot Lease name Interest Type County, State Operator63 Ward Unit PWI Washington, Co Diamond Operating64 Forbes PWI Washington, Co Western Operating65 Harper OK Package 2 Operated Lease Harper, OK Jo-Allyn Oil Co., Inc66-79 Schuette Minerals Minerals Comanche, KS Non-Producing Minerals80-85 Schuette Minerals Minerals Barber, KS Non-Producing Minerals86 Schuette RI Producing Minerals

(RI)Comanche, KS American Warrior

86a Schuette ORRI ORRI Comanche, KS American Warrior87 Schuette RI Producing Minerals

(RI)Comanche, KS Canaday

87a Schuette ORRI ORRI Comanche, KS Canaday88 Schuette RI Producing Minerals

(RI)Comanche, KS Red Cedar Oil

88a Schuette ORRI ORRI Comanche, KS Red Cedar Oil89 Schuette PWI PWI Comanche, KS Canaday90 VanMeter Unit Operated Lease Saline, KS BOP West, LLC91 Weibert/Tarn/Everhart-Base Operated Lease Marion, KS BOP West, LLC92 Dahlsten/Priddy SWD Operated Lease McPherson, KS BOP West, LLC93 Kiowa/Pratt KS Package Operated Lease Kiowa/Pratt, KS 3G Production LLC94 Mabelle Operated Lease Graham, KS Murfin Drilling Company, Inc.95 Braun #1 & #2 ORRI Ellis, KS Elk Energy Holdings, LLC96 Mai Operated Lease Russell, KS MG Oil97 Giles Operated Lease Haskell, KS Henry Nightengale98 Woodbine A RI Grimes, TX CML Exploration, LLC99 Prairie Wind ORRI Wallace, KS Red Oak Energy, Inc.99a Prairie Wind ORRI Wallace, KS Red Oak Energy, Inc.100 Winston Barnett Package RI Montague, TX EOG Resources, Inc101 Lot Removed102 Trexler Royalty Graham, KS Citation Oil & Gas Group103 Ross ORRI Russell, KS RAMA Operating Co, Inc.104 Perkins Mineral Acres Blaine, OK N/A105 Etling, Koett, Massey,

Wishnuck, StephensRoyalty Edwards/Ellis, KS

& Woods, OK106 Appleman-Edwards,

EdwardsRoyalty Greenwood, KS

107 Breitenbach #2 ORRI Edwards, KS CrossBar Energy108 Jeromy 2304 1-26H Royalty Interest Sumner, KS Sandridge

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Lot #3 Lease Name Type Operator Legal DescriptionSeib #1 ORRI Brehm Asset Management NE Sec 27 20S 21WCounty & State Acres Decimal Interest Operating Expenses Income (6mo)Ness, KS 10 .01875 N/A $1,311.96Seller comments $218.66/mo January 2018 Income was $331.95 due to a new SWD system being installed”.Lot #3a is an identical interest.

Lot #1 Lease Name Type Operator Legal DescriptionRoss 1,2,&3 Royalty Merit Energy Sec 30 28S 36WCounty & State Acres Decimal Interest Operating Expenses Income (2016 net)

Grant, KS 40 Net 0.00781250 N/A $660.25Seller comments $55.02/moProduction2012 - 61,054 mcf2013 - 55,912 mcf2014 - 46,738 mcf2015 - 41,223 mcf2016 - 42,086 mcf2017 - 32,258 through 10/2017

Lot #2 Lease Name Type Operator Legal DescriptionJennings 1,2&3 & Lehman 4

Royalty Linn Energy Sec 17 29S 38W andSec 18 29S 38W

County & State Acres (net) Decimal Interest Operating Expenses Income (2016 net)

Grant, KS 15 in Sec 173.75 in Sec 18

0.002929 N/A $542.14$45.18/mo

Seller commentsProduction Jennings 1,2,&3 2012 - 56,772 mcf2013 - 52,547 mcf2014 - 47,229 mcf2015 - 45,443 mcf2016 - 44,406 mcf2017 - 47,081 through 10/2017

Lehman2014 - 75,1542015 - 48,0162016 - 40,0792017 - 30,503through 10/17

Attention Bidders20% due day of sale on purchased lots.Qualification to Bid: Bidders are required to register in advance of the sale. This auction of oil and gas properties is made only to selected parties willing to attend and are responsible, and is intended only for parties who are qualified. This sale brochure, and all other notices of the sale, are not intended as a public offering. This sale brochure does not constitute an offer or solicitation to pur-chase or an offer or solicitation to sell to any person in a state where the laws of such state prohibit such offers.

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Lot #4 Lease Name Type Operator Legal DescriptionSharron Lease 1,2,3,4 ORRI Griffin Management, LLC Sec 33 32S 12W

W/2 SW/4 34 & E/2 SE/4County & State Acres Decimal Interest Operating Expenses Income (11mo)Barber, KS 160 .001 N/A $892.24Seller comments $81.11/mo

Lot #5 Lease Name Type Operator Legal DescriptionSpringer 1,2,3 ORRI Griffin Management, LLC SE SW & SW SE Sec 34 32S 12WCounty & State Acres Decimal Interest Operating Expenses Income (11mo)Barber, KS 80 .001 N/A $605.30Seller comments $55.02/mo

Attention Bidders20% due day of sale on purchased lots.Qualification to Bid: Bidders are required to register in advance of the sale. This auction of oil and gas properties is made only to selected parties willing to attend and are responsible, and is intended only for parties who are qualified. This sale brochure, and all other notices of the sale, are not intended as a public offering. This sale brochure does not constitute an offer or solicitation to pur-chase or an offer or solicitation to sell to any person in a state where the laws of such state prohibit such offers.

Lot #6 Lease Name Type Operator Legal DescriptionSherry Lease 1-9, 2-9, 3-9

ORRI Griffin Management, LLC NW Sec 9 33S 12W

County & State Acres Decimal Interest Operating Expenses Income (5mo)Barber, KS 160 .001 N/A $259.70Seller comments $51.94/mo

Lot #3aLease Name Type Operator Legal DescriptionSeib #1 ORRI Brehm Asset Management NE Sec 27 20S 21WCounty & State Acres Decimal Interest Operating Expenses Income (6mo)Ness, KS 10 .01875 N/A $1,311.96Seller comments $218.66/moJanuary 2018 Income was $331.95 due to a new SWD system being installed”.

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Lot #7 Lease Name Type Operator Legal DescriptionR. Dechant #1 PWI Dechant Oil Company NE SW Sec 6 15S 18WCounty & State GWI NRI Operating Expenses Income (12mo)Ellis, KS .0625 .0521240 $686.52 $1,066.56Seller comments $57.21/mo $146.01/moAdditional info at mceeauction.com

Lot #8 Lease Name Type Operator Legal DescriptionSpringer B1 & B2 ORRI Griffin Management, LLC NW Sec 3 33S 12WCounty & State Acres Decimal Interest Operating Expenses Income (11mo)Barber, KS 160 .001 N/A $590.40Seller comments $53.67/mo

Lot #9 ATTENTION: This is a multiple lease lot.All leases will sell together.

Lease Name Type Operator Legal DescriptionHowell 1-10 Operated Lease Jo-Allyn Oil Co., Inc SE Sec 10 34S 22WCounty & State GWI NRI Operating Expenses Income (12 mo)

Clark, KS 100% .80293800 $9,027.51 $4,365.68Seller comments $752.28/mo $363.81/mo160 acres, has potential.EQUIPMENT: 160 NATIONAL PUMPING UNIT W/ FAIRBANKS POWER,2 -210 STEEL STOCK TANKS, 210 FIBERGLASS WATER TANK,HORIZONTAL HEATER TREATER

Lease Name Type Operator Legal DescriptionShinogle Trust Operated Lease Jo-Allyn Oil Co., Inc Sec 20 33S 29WCounty & State GWI NRI AcresMeade, KS .88000000 .685200000 80Seller commentsE2 SE/4 SECTION 20-T33S-R29WTHIS UNIT IS SHUT-IN & ANNUAL SHUT-IN PAYMENTS HAVEBEEN MADE. LOCATED NEXT TO GOOD PRODUCING WELLSAND HAS NOT BEEN STIMULATED.EQUIPMENT: LUFKIN PUMPING UNIT W/ C-96 ARROW POWER,2 -210 STEEL STOCK TANKS, 210 FIBERGLASS WATERTANK CLOSED TOP, 3 PHASE SEPARATOR

Lot Total Income: $-388.47 (per month net average for two leases)

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Lot #10 Lease Name Type Operator Legal DescriptionFeldkamp Operated Lease Meridian Energy LLC W/2 Sec 11 11S 18WCounty & State GWI NRI Operating Expenses Income (6mo)

Ellis, KS 100% 80% $19,522.50 $14,586.96Seller comments $3,253.75/mo $2,431.16/mo3.2 BOPD Oil Gravity and/or Gas BTU: 29320 acres. Crude purchased by Plains MarketingWell worked over in November at a cost of $15,306 (not reflected in above OpEx)Additional info at mceeauction.com

Lot #11 ATTENTION: This is a multiple lease lot.All leases will sell together.

Lease Name Type Operator Legal DescriptionCimarron River 16-1 Operated Lease Jo-Allyn Oil Co., Inc Sec 16 6N 26ECounty & State Acres GWI NRI Crude PurchaserBeaver, OK 640 .66750000 .50275000Seller commentsUPHOLE POTENTIALTHIS UNIT HAS BEEN SHUT IN, DUE TO GAS PURCHASER CONTRACT. PRIOR TO SHUT IN APPROX OP EXP. PER MONTH $ 770.40. AVG. MONTHLY PRODUCTION 337 MCF. EQUIPMENT: 6 x 16 WATER TANK, 20” X 12’ VERTICAL SEPARATOR, D-80 PUMPING UNIT, C-46 ARROW MOTOR, CHECK METER RUN

Lease Name Type Operator Legal DescriptionGoldie 1-17 Operated Lease Jo-Allyn Oil Co., Inc Sec 8 & 17 6N 26ECounty & State Acres GWI NRI Crude PurchaserBeaver, OK 997.92 .9198128080 .7039995200Seller commentsTRACT 1 - LOTS 1 and 2 and SE/4 of SECTION 8 (179.85 acres)TRACT 2- LOTS 3 and 4 and SW/4 of SECTION 8 (178.07 acres)TRACT 3- NE/4 and N/2 SE/4 of SECTION 17 (240 acres)TRACT 4- NW/4 and N/2 SW/4 of SECTION 17 (240 acres)TRACT 5- S/2 S/2 of SECTION 17 (160 acres)

THIS UNIT HAS BEEN SHUT IN, DUE TO GAS PURCHASER CONTRACT. PRIOR TO SHUT IN APPROX OP EXP. PER MONTH $ 961.95. AVG. MONTHLY PRODUCTION 938 MCF.CURRENTLY UNIT IS ON AND IS PRODUCING.EQUIPMENT: 6 X 16 WATER TANK, MECHANICAL VERTICAL SEPARATOR 6” X 20”, 114 JENSEN PUMPING UNIT, C-66 ARROW MOTOR

Lot Total Income: $ (per month net average for two leases)Attention Bidders20% due day of sale on purchased lots.Qualification to Bid: Bidders are required to register in advance of the sale. This auction of oil and gas properties is made only to selected parties willing to attend and are responsible, and is intended only for parties who are qualified. This sale brochure, and all other notices of the sale, are not intended as a public offering. This sale brochure does not constitute an offer or solicitation to pur-chase or an offer or solicitation to sell to any person in a state where the laws of such state prohibit such offers.

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Lot #12 Lease Name Type Operator Legal DescriptionMary Rush PWI Anderson Energy, Inc. SE Sec 9 06S 22WCounty & State GWI NRI Operating Expenses Income (12mo)Graham, KS .0625 .0512695 $2,201.81 $2,956.09Seller comments $183.48/mo $246.34/mo2 producing wells, SW injection in Rush Trust C#1. Production purchased by Coffeyville Resources

Attention Bidders20% due day of sale on purchased lots.Qualification to Bid: Bidders are required to register in advance of the sale. This auction of oil and gas properties is made only to selected parties willing to attend and are responsible, and is intended only for parties who are qualified. This sale brochure, and all other notices of the sale, are not intended as a public offering. This sale brochure does not constitute an offer or solicitation to pur-chase or an offer or solicitation to sell to any person in a state where the laws of such state prohibit such offers.

Lot #13 ATTENTION: This is a multiple lease lot.All leases will sell together.

Lease Name Type Operator Legal DescriptionMcGuire 2-17 Operated Lease Jo-Allyn Oil Co., Inc Sec 17 1N 26ECounty & State GWI NRI Operating Expenses Income (12mo)

Beaver, OK 100% .74143751 $10,155.34 $13,410.45Seller comments $846.28/mo $1,117.54/moWELLBORE ONLY C NW SECTION 17-T1N-R26ECMEQUIPMENT: LUFKIN PUMPING UNIT W/ FAIRBANKS POWER, 300 BBLSTEEL TANK, 210 FIBERGLASS WATER TANK, 10 X 30HORIZONTAL SEPARATOR, 10 X 36 VERTICAL SEPARATORThis well made 4751MCF from Jan-Oct 2017, average 475.1MCF/moAdditional info at mceeauction.comLease Name Type Operator Legal DescriptionSizelove 1-35 Operated Lease Jo-Allyn Oil Co., Inc Sec 35 4N 27ECounty & State GWI NRIBeaver, OK 100% .87273440Seller commentsWELLBORE ONLY NE SW SE SECTION 35-T4N-R27ECMSHUT-INEQUIPMENT: 202 BBL STEEL STOCK TANK, 10 X 30 VERTICAL SEPARATOR,THE WELL HAS A PLUNGER LIFT

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Lot Total Income: $271.26 (per month net average for five leases)

Lease Name Type Operator Legal DescriptionVernon B-1 Operated Lease Jo-Allyn Oil Co., Inc Sec 8 3N 27ECounty & State GWI NRI Crude PurchaserBeaver, OK 100% .86500000Seller commentsWELLBORE ONLY NW SW NE SECTION 8-T3N-R27ECM210 STEEL STOCK TANK

Lease Name Type Operator Legal DescriptionVernon B-2 Operated Lease Jo-Allyn Oil Co., Inc Sec 8 3N 27ECounty & State GWI NRI Crude PurchaserBeaver, OK 100% .86500000Seller commentsWELLBORE ONLY S NE NE SECTION 8-T3N-R27ECM320 PUMPING UNIT ELECTRIC POWER

Lease Name Type Operator Legal DescriptionVernon B-3 Operated Lease Jo-Allyn Oil Co., Inc Sec 8 3N 27ECounty & State GWI NRI Crude PurchaserBeaver, OK 100% .86500000Seller commentsWELLBORE ONLY NE NW NE SECTION 8-T3N-R27ECMSHUT-IN228-D PUMPING UNIT ELECTRIC POWERB2 & B3 UNITS HAVE A COMBINED TANK BATTERY.210 HEATED STEEL STOCK TANK, 6 X 16 FIBERGLASSWATER TANK, 4 X 20 HEATER TREATER, HORIZONTALSEPARATOR

Attention Bidders20% due day of sale on purchased lots.Qualification to Bid: Bidders are required to register in advance of the sale. This auction of oil and gas properties is made only to selected parties willing to attend and are responsible, and is intended only for parties who are qualified. This sale brochure, and all other notices of the sale, are not intended as a public offering. This sale brochure does not constitute an offer or solicitation to pur-chase or an offer or solicitation to sell to any person in a state where the laws of such state prohibit such offers.

Lot #14 Lease Name Type Operator Legal DescriptionRush Trust PWI Anderson Energy, Inc. SW Sec 10 7S 22WCounty & State GWI NRI Operating Expenses Income (12mo)Graham, KS .0625 .0512695 $3,648.78 $6,462.96Seller comments $304.07/mo $538.58/mo1 producing well, 1 shut-in and 1 injection well.Production purchased by Coffeyville Resources

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Lot #15 Lease Name Type Operator Legal DescriptionDoty Estate PWI Anderson Energy, Inc. W/2 SE/4 Sec 33 15S 29WCounty & State GWI NRI Operating Expenses Income (12mo)Gove, KS .0625 .0512695 $2,192.88 $3,976.70Seller comments $182.74/mo $331.19/mo1 producing well on 80 acres.Production purchased by Coffeyville Resources

Lot #16 Lease Name Type Operator Legal DescriptionWilliams PWI Anderson Energy, Inc. S/2 SW/4 Sec 12 22S 14W, less 10 acresCounty & State GWI NRI Operating Expenses Income (12mo)Stafford, KS .05 .04101560 $1,344.91 $1,475.21Seller comments $112.07/mo $122.93/mo1 producing well, 2 shut-in on 70 acres.Production purchased by Coffeyville Resources

Lot #17 ATTENTION: This is a multiple lease lot.All leases will sell together.

Lease Name Type Operator Legal DescriptionLorraine Millikan 1-2 Operated Lease Jo-Allyn Oil Co., Inc Sec 2 2N 25ECounty & State GWI NRI Operating Expenses Income (12mo)

Beaver, OK .92000000 .68999999 $9,166.62 $13,881.06Seller comments637.2 AcresNE SE NW SECTION 2-T2N-R25ECMUPHOLE POTENTIALEQUIPMENT: AMERICAN PUMPING UNIT W/ ELECTRIC POWER, 2-- 20 X 12 STEEL STOCK TANKS, 2 – 10 X 12 STEEL STOCK TANKS, 10 X 12 FIBERGLASS WATER TANK, 30 X 12 HORIZONTAL SEPARATOR, 10 X 30 LINE HEATERThis lease made 3,242 MCF in Jan-October 2017, average 324.2 MCF per monthAdditional info at mceeauction.comLease Name Type Operator Legal DescriptionVena Bell Spague 2-3 Operated Lease Jo-Allyn Oil Co., Inc Sec 3 2N 25ECounty & State GWI NRI Crude PurchaserBeaver, OK 100% .74999999Seller commentsWELLBORE ONLYCNE NE SECTION 3-T2N-R25ECMSHUT-INEQUIPMENT: LUFKIN PUMPING UNIT W/ AJAX POWER, 2—300 BBL STEEL STOCK TANKS, 210 FIBERGLASS WATER TANK, 10 X 24 VERTICAL SEPARATOR, 10 X 30 LINE HEATER

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Lot #18 ATTENTION: This is a multiple lease lot.All leases will sell together.

Lease Name Type Operator Legal DescriptionWeyand PWI Anderson Energy, Inc. NW Sec 28 8S 32WCounty & State GWI NRI Operating Expenses Income (12mo)Thomas, KS .0625 .0512695 $3,336.86 $4,755.49Seller comments $278.07/mo $396.29/mo2 producing wells, 1 injection well on 160 AcresProduction purchased by Coffeyville Resources.

Lot Total Income: $106.95 (per month net average for two leases)

Lease Name Type Operator Legal DescriptionSaddler PWI Anderson Energy, Inc. E/2 SE/4 Sec 21 8S 32WCounty & State GWI NRI Operating Expenses Income (12mo)Thomas, KS .0625 .0512695 $135.24 $0Seller comments $11.27/mo1 shut-in well on 80 AcresProduction purchased by Coffeyville Resources

Attention Bidders20% due day of sale on purchased lots.Qualification to Bid: Bidders are required to register in advance of the sale. This auction of oil and gas properties is made only to selected parties willing to attend and are responsible, and is intended only for parties who are qualified. This sale brochure, and all other notices of the sale, are not intended as a public offering. This sale brochure does not constitute an offer or solicitation to pur-chase or an offer or solicitation to sell to any person in a state where the laws of such state prohibit such offers.

Lot #19 Lease Name Type Operator Legal DescriptionRyan PWI Anderson Energy, Inc. SE Sec 27 8S 32WCounty & State GWI NRI Operating Expenses Income (12mo)Thomas, KS .0625 .0512695 $2,495.99 $3,697.58Seller comments $208/mo $308.13/mo2 producing wells on 160 acresProduction purchased by Coffeyville Resources

Lot #20 Lease Name Type Operator Legal DescriptionOwens Petroleum Package

Operated Lease Owens Petroleum, LLC See additional info online

County & State GWI NRI Crude Purchaser Acres

Woodson, KS 100% 87.5% Coffeyville Resources

1480

Seller comments

This lease is producing 40+ BOPDAdditional info at mceeauction.com

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Lot #21 ATTENTION: This is a multiple lease lot.All leases will sell together.

Lease Name Type Operator Legal DescriptionMarple Operated Lease P&R Oilfield Services SE Sec 24 27S 16ECounty & State GWI NRI Crude Purchaser Acres

Wilson, KS 100% .8125 Plains Marketing 80Seller commentsSquirrel producing formation. Long string cemented in not perfed or completed. Drilled new well cement 2 7/8” casing not perfed

Lease Name Type Operator Legal DescriptionThorsell Operated Lease P&R Oilfield Services SW Sec 19 27S 17ECounty & State GWI NRI Crude Purchaser Acres

Wilson, KS 100% .875 Plains Marketing 160Seller commentsGood drilling project. Needs water flood.

Averaging 1/3bbl per day.

.83bbl averaged over 33 years.

Attention Bidders20% due day of sale on purchased lots.Qualification to Bid: Bidders are required to register in advance of the sale. This auction of oil and gas properties is made only to selected parties willing to attend and are responsible, and is intended only for parties who are qualified. This sale brochure, and all other notices of the sale, are not intended as a public offering. This sale brochure does not constitute an offer or solicitation to pur-chase or an offer or solicitation to sell to any person in a state where the laws of such state prohibit such offers.

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Lot #22 ATTENTION: This is a multiple lease lot.All leases will sell together.

Lease Name Type Operator Legal DescriptionHayes 1-27 Operated Lease Jo-Allyn Oil Co., Inc Sec 27 27N 25WCounty & State Acres GWI NRIHarper, OK 640 .50000000 .41307401Seller commentsTHIS UNIT HAS BEEN SHUT IN DUE TO GAS PURCHASER CONTRACT & ANNUAL SHUT-IN PAYMENTS HAVE BEEN MADE. PRIOR TO SHUT IN APPROX OP EXP. PER MONTH $ 1,270. AVG. MONTHLY PRODUCTION 1607 MCF.EQUIPMENT: 160 PUMPING UNIT W/ FAIRBANKS POWER, 300 BBL STEEL STOCK TANK, 300 BBL FIBERGLASS WATER TANK GWI

Lease Name Type Operator Legal DescriptionStenson 1-27 Operated Lease Jo-Allyn Oil Co., Inc Sec 27 27N 25WCounty & State Acres GWI NRIHarper, OK 640 .50000000 .41307401Seller commentsSHUT-INEQUIPMENT: 300 BBL STEEL STOCK TANK

Lease Name Type Operator Legal DescriptionWeaver 1-20 Operated Lease Jo-Allyn Oil Co., Inc Sec 20 27N 21WCounty & State Acres GWI NRIHarper, OK 640 .84000000 .63000000Seller commentsAPPROX OP EXP. PER MONTH $1150. CURRENTLYPRODUCING 30 BBL OF OIL PER MONTH.EQUIPMENT: 160 PUMPING UNIT W/ FAIRBANKS POWER, VERTICALMECHANICAL SEPARATOR, 4 X 20 HEATER TREATER,3 -210 STEEL STOCK TANKS

Attention Bidders20% due day of sale on purchased lots.Qualification to Bid: Bidders are required to register in advance of the sale. This auction of oil and gas properties is made only to selected parties willing to attend and are responsible, and is intended only for parties who are qualified. This sale brochure, and all other notices of the sale, are not intended as a public offering. This sale brochure does not constitute an offer or solicitation to pur-chase or an offer or solicitation to sell to any person in a state where the laws of such state prohibit such offers.

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Lot #23 Lease Name Type Operator Legal DescriptionJacob Brothers ORRI Suemaur Exploration & Pro-

duction, LLCNE Sec 27 05S 28W

County & State Decimal Interest Operating Expenses Income (12mo)Decatur, KS 0.00538250 $0 $2,083Seller comments $173.58/moProduces from 3 zones of LKC

Lot #24 Lease Name Type Operator Legal DescriptionCampbell ORRI Suemaur Exploration &

Production, LLCN2 NW Sec 35 06W 28W

County & State Decimal Interest Operating Expenses Income (11mo)*Sheridan, KS 0.00769750 $0 $3,029.26Seller comments $275.39/mo*11 months estimated...Completed 2-16-17. Producing from 4 zones in LKC within Rejuvination Field

Lot #25 Lease Name Type Operator Legal DescriptionSchroeder ORRI Suemaur Exploration &

Production, LLCNE Sec 35 6S 28W

County & State Acres Decimal Interest Operating Expenses Income (12mo)*Sheridan, KS 160 0.00384875 $0 $5962.76Seller comments $496.90/mo*Estimated. 2 wells on lease. LKC - 4 zones. Offset potential.Lot #26 is an identical interest.

Attention Bidders20% due day of sale on purchased lots.Qualification to Bid: Bidders are required to register in advance of the sale. This auction of oil and gas properties is made only to selected parties willing to attend and are responsible, and is intended only for parties who are qualified. This sale brochure, and all other notices of the sale, are not intended as a public offering. This sale brochure does not constitute an offer or solicitation to pur-chase or an offer or solicitation to sell to any person in a state where the laws of such state prohibit such offers.

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Lot #26 Lease Name Type Operator Legal DescriptionSchroeder ORRI Suemaur Exploration &

Production, LLCNE Sec 35 6S 28W

County & State Acres Decimal Interest Operating Expenses Income (12mo)*Sheridan, KS 160 0.00384875 $0 $5962.76Seller comments $496.90/mo*Estimated. 2 wells on lease. LKC - 4 zones. Offset potential.

Lot #27 Lease Name Type Operator Legal DescriptionSchroeder et al ORRI Suemaur Exploration &

Production, LLCE/2 Sec 26 6S 28W

County & State Acres Decimal Interest Operating Expenses Income (12mo)*Sheridan, KS 320 0.00384875 $0 $2,103.19Seller comments $175.27/mo*Estimated. LKC 4 zones, Rejuvination Field. Offset potentialLot #28 is an identical interest.

Attention Bidders20% due day of sale on purchased lots.Qualification to Bid: Bidders are required to register in advance of the sale. This auction of oil and gas properties is made only to selected parties willing to attend and are responsible, and is intended only for parties who are qualified. This sale brochure, and all other notices of the sale, are not intended as a public offering. This sale brochure does not constitute an offer or solicitation to pur-chase or an offer or solicitation to sell to any person in a state where the laws of such state prohibit such offers.

Lot #28 Lease Name Type Operator Legal DescriptionSchroeder et al ORRI Suemaur Exploration &

Production, LLCE/2 Sec 26 6S 28W

County & State Acres Decimal Interest Operating Expenses Income (12mo)*Sheridan, KS 320 0.00384875 $0 $2,103.19Seller comments $175.27/mo*Estimated. LKC 4 zones, Rejuvination Field. Offset potential

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Lot #29 Lease Name Type Operator Legal DescriptionShawn Spresser Trust ORRI Suemaur Exploration &

Production, LLCS/2 SW Sec 26 6S 28W

County & State Acres Decimal Interest Operating Expenses Income (12mo)*Sheridan, KS 80 0.00384875 $0 $2,012.63Seller comments $167.72/mo*Estimated. LKC - 4 zones, offset potential.Lot #30 is an identical interest.

Lot #30 Lease Name Type Operator Legal DescriptionShawn Spresser Trust ORRI Suemaur Exploration &

Production, LLCS/2 SW Sec 26 6S 28W

County & State Acres Decimal Interest Operating Expenses Income (12mo)*Sheridan, KS 80 0.00384875 $0 $2,012.63Seller comments $167.72/mo*Estimated. LKC - 4 zones, offset potential.

Lot #31 Lease Name Type Operator Legal DescriptionSpresser ORRI Suemaur Exploration &

Production, LLCW/2 NW; N/2 SW Sec 26 6S 28W

County & State Acres Decimal Interest Operating Expenses Income (12mo)*Sheridan, KS 160 0.00384875 $0 $4,695.36Seller comments $391.28/mo*Estimated. 2 wells. LKC - 7 zones, w/ behind pipe. Offset potential.Lot #32 is an identical interest.

Lot #32 Lease Name Type Operator Legal DescriptionSpresser ORRI Suemaur Exploration &

Production, LLCW/2 NW; N/2 SW Sec 26 6S 28W

County & State Acres Decimal Interest Operating Expenses Income (12mo)*Sheridan, KS 160 0.00384875 $0 $4,695.36Seller comments $391.28/mo*Estimated. 2 wells. LKC - 7 zones, w/ behind pipe. Offset potential.

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Lot #33 Lease Name Type Operator Legal DescriptionKuehn Family Trust ORRI Suemaur Exploration &

Production, LLCNW Sec 23 6S 28W

County & State Decimal Interest Operating Expenses Income (12mo)*Sheridan, KS 0.00769750 $0 $2,917.46Seller comments $243.12/mo*Estimated. On-lease SWDW; Inspiration Field

Attention Bidders20% due day of sale on purchased lots.Qualification to Bid: Bidders are required to register in advance of the sale. This auction of oil and gas properties is made only to selected parties willing to attend and are responsible, and is intended only for parties who are qualified. This sale brochure, and all other notices of the sale, are not intended as a public offering. This sale brochure does not constitute an offer or solicitation to pur-chase or an offer or solicitation to sell to any person in a state where the laws of such state prohibit such offers.

Lot #34 ATTENTION: This is a multiple lease lot.All leases will sell together.

Lease Name Type Operator Legal DescriptionArmbrister Operated Lease Edison Operating

Company LLCSec 01 13S 21W

County & State GWI NRI Operating Expenses Income (12mo)Trego, KS 100% 80% $23,197.59 $23,660.52Seller comments $1,933.13/mo $1,971.71/moOne well operating on 160 acres on the Arb formation.5,950BBL cumulative oil production (2.19 BOPD), purchased by CHS.Connected to disposal line connected to the Bittel ‘A’ #9 SWD well operated by Murfin Drilling Co., Inc. to the east in Sec 21 T12S R20WAdditional info at mceeauction.com

Recording Fees

Lease Name Type Operator Legal DescriptionGugler Operated Lease Edison Operating

Company LLCSec 36 12S 21W

County & State GWI NRI Operating Expenses Income (12mo)Trego, KS 100% 81.5% $33,441.60 $40,178.58Seller comments $2,786.80/mo $3,348.22/moOne well operating on 320 acres on the Arb formation.4,900BBL cumulative oil production, purchased by CHS.Connected to disposal line connected to the Bittel ‘A’ #9 SWD well operated by Murfin Drilling Co., Inc. to the east in Sec 21 T12S R20W1,003 BBL over last 10 months (3.35 BOPD)Additional info at mceeauction.com

Recording Fees

Lot Total Income: $5,319.93 (per month net average for two leases)

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Lot #35 Lease Name Type Operator Legal DescriptionGugler Operated Lease Edison Operating

Company LLCSec 36 12S 21W

County & State GWI NRI Operating Expenses Income (12mo)Trego, KS 100% 81.5% $33,441.60 $40,178.58Seller comments $2,786.80/mo $3,348.22/moOne well operating on 320 acres on the Arb formation.4,900BBL cumulative oil production, purchased by CHS.Connected to disposal line connected to the Bittel ‘A’ #9 SWD well operated by Murfin Drilling Co., Inc. to the east in Sec 21 T12S R20W1,003 BBL over last 10 months (3.35 BOPD)Additional info at mceeauction.com

Recording Fees

Lot Removed From Auction

Attention Bidders20% due day of sale on purchased lots.Qualification to Bid: Bidders are required to register in advance of the sale. This auction of oil and gas properties is made only to selected parties willing to attend and are responsible, and is intended only for parties who are qualified. This sale brochure, and all other notices of the sale, are not intended as a public offering. This sale brochure does not constitute an offer or solicitation to pur-chase or an offer or solicitation to sell to any person in a state where the laws of such state prohibit such offers.

Lot #36 Lease Name Type Operator Legal DescriptionZahorsky Operated Lease Edison Operating

Company LLCSec 14 20S 11W

County & State GWI NRI Operating Expenses Income (12mo)Barton, KS 99% 81.21093% $311,866 $266,324Seller comments $25,988.83/mo $22,193.67/moOil Gravity: 43Has SWD, crude purchased by CHS.6,774 BBL over last 11 months (19.3 BOPD)Additional info at mceeauction.com

Recording Fees

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Attention Bidders20% due day of sale on purchased lots.Qualification to Bid: Bidders are required to register in advance of the sale. This auction of oil and gas properties is made only to selected parties willing to attend and are responsible, and is intended only for parties who are qualified. This sale brochure, and all other notices of the sale, are not intended as a public offering. This sale brochure does not constitute an offer or solicitation to pur-chase or an offer or solicitation to sell to any person in a state where the laws of such state prohibit such offers.

Lot #37 Lease Name Type Operator Legal DescriptionAlexander, Section 35, & Strahm

Operated Lease Duke Oil & Gas Company

See comments

County & State GWI NRI Crude Purchaser Acres

Woodson, KS 100% 87.5% CHS McPherson 1760Seller commentsDaily production 10-15 bbl/day175 oil wells & 85 water injection wells3 tank batteries1 water plant and 2 SWD30’ x 40’ shop on site w/ bay

S35 –T23S –R16E (Section 35 lease)S2 –T24S –R16E (Alexander lease)S1 –T24S –R16E (Alexander lease)S11 –T23S –R16E (Strahm lease)

Additional info at mceeauction.com

Lot #38 Lease Name Type Operator Legal DescriptionMassier ‘A’ #1-8 PWI McCoy Petroleum Corp NW Sec 8 12S 19WCounty & State GWI NRI Operating Expenses Income (12mo)Ellis, KS 0.0073125 0.0060328 $141.00 $219.12Seller comments $11.75/mo $18.26/mo

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Lot #39 Lease Name Type Operator Legal DescriptionKST ‘A’ #1-3 PWI McCoy Petroleum Corp NW Sec 3 7S 19WCounty & State GWI NRI Operating Expenses Income (12mo)Rooks, KS 0.01354 0.01110152 $370.08 $305.40Seller comments $30.84/mo $25.45/moRepaired lead line, Replace polish rod liner & repair pump. 2/2017. Normal exp average $292.54 pr/year

Lot #40 Lease Name Type Operator Legal DescriptionFarr Trust ‘B’ #1-14 PWI McCoy Petroleum Corp NE Sec 14 7S 19WCounty & State GWI NRI Operating Expenses Income (12mo)Rooks, KS 0.01099547 0.00907126 $891.24 $392.16Seller comments $74.27/mo $32.68/moReplace PU & Engine 6/2017, Work over well11/2017. Normal expenses average $299.31 pr/year

Lot #41 Lease Name Type Operator Legal DescriptionSullivan Trust ‘A’ #1-17 PWI McCoy Petroleum Corp SW Sec 17 12S 18WCounty & State GWI NRI Operating Expenses Income (12mo)Ellis, KS 0.005 0.004125 $258.24 $659.76Seller comments $21.52/mo $54.98/mo

Lot #42 Lease Name Type Operator Legal DescriptionMadden ‘A’ #1, 2 & 4 SWD PWI McCoy Petroleum Corp SE Sec 21 12S 18WCounty & State GWI NRI Operating Expenses Income (12mo)Ellis, KS 0.005 0.004125 $1,008.84 $593.88Seller comments $84.07/mo $49.49/moWashed down old well on lease for saltwater disposal 7/2017. Normal expenses average $461.37 pr/year

Attention Bidders20% due day of sale on purchased lots.Qualification to Bid: Bidders are required to register in advance of the sale. This auction of oil and gas properties is made only to selected parties willing to attend and are responsible, and is intended only for parties who are qualified. This sale brochure, and all other notices of the sale, are not intended as a public offering. This sale brochure does not constitute an offer or solicitation to pur-chase or an offer or solicitation to sell to any person in a state where the laws of such state prohibit such offers.

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Lot #43 Lease Name Type Operator Legal DescriptionJoy ‘A’ #1-28 PWI McCoy Petroleum Corp NE Sec 28 12S 18WCounty & State GWI NRI Operating Expenses Income (12mo)Ellis, KS 0.005 0.004125 $346.56 $546.84Seller comments $28.88/mo $45.57/mo

Lot #44 Lease Name Type Operator Legal DescriptionBellerive ‘A’ #1 & 2-3 PWI McCoy Petroleum Corp SW Sec 3 7S 19WCounty & State GWI NRI Operating Expenses Income (12mo)Rooks, KS 0.01 0.0082 $292.56 $625.56Seller comments $24.38/mo $52.13/mo

Lot #45 Lease Name Type Operator Legal DescriptionSeib ‘A’ #1-9 PWI McCoy Petroleum Corp SE Sec 9 12S 18WCounty & State GWI NRI Operating Expenses Income (12mo)Ellis, KS 0.0052924 0.00436623 $80.40 $224.40Seller comments $6.70/mo $18.70/mo

Lot #46 Lease Name Type Operator Legal DescriptionGaskill Range Bertrand Unit 5-1

ORRI StrataKan Exploration, LLC See Comments

County & State Decimal Interest Operating Expenses Income (2mo)Logan, KS 0.0101875 $0 $835.79Seller comments $417.90/moLegal Description as Follows: SW/4 Sec 5 and NW/4 Sec 8 containing 10 acres all in Section 5 T12S-R33WWell averaged 19BOPD in January 2018Lot #46a is an identical interest

Attention Bidders20% due day of sale on purchased lots.Qualification to Bid: Bidders are required to register in advance of the sale. This auction of oil and gas properties is made only to selected parties willing to attend and are responsible, and is intended only for parties who are qualified. This sale brochure, and all other notices of the sale, are not intended as a public offering. This sale brochure does not constitute an offer or solicitation to pur-chase or an offer or solicitation to sell to any person in a state where the laws of such state prohibit such offers.

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Lot #46aLease Name Type Operator Legal DescriptionGaskill Range Bertrand Unit 5-1

ORRI StrataKan Exploration, LLC See Comments

County & State Decimal Interest Operating Expenses Income (2mo)Logan, KS 0.0101875 $0 $835.79Seller comments $417.90/moLegal Description as Follows: SW/4 Sec 5 and NW/4 Sec 8 containing 10 acres all in Section 5 T12S-R33WWell averaged 19BOPD in January 2018

Attention Bidders20% due day of sale on purchased lots.Qualification to Bid: Bidders are required to register in advance of the sale. This auction of oil and gas properties is made only to selected parties willing to attend and are responsible, and is intended only for parties who are qualified. This sale brochure, and all other notices of the sale, are not intended as a public offering. This sale brochure does not constitute an offer or solicitation to pur-chase or an offer or solicitation to sell to any person in a state where the laws of such state prohibit such offers.

Lot #47 Lease Name Type Operator Legal DescriptionErskin Trust #1 ORRI Ritchie Exploration, Inc. NW Sec 27 and NE Sec 28 17S 32W County & State Acres Decimal Interest Operating Expenses Income (12mo)Scott, KS 320 .01367187 $0 $459.00Seller comments $38.25/moCrude pruchased by Plains Marketing11/17 paystub shows $114.75 for 2 months.

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Lot #48 Lease Name Type Operator Legal DescriptionPhillips CTB ORRI Ritchie Exploration, Inc. SE Sec 19; SW Sec 20 13S 31WCounty & State Acres Decimal Interest Operating Expenses Income (12mo)Gove, KS .0015859 $0 $1,320.75Seller comments $110.90/moLease averages 1301 bbl per month, 43.37 BOPD12/17 paystub shows $110.90 (1 month)Listed on assignment as Phillips 19DCrude purchased by CHS McPherson Refinery, Inc.

Lot #49 Lease Name Type Operator Legal DescriptionHess 20-21 CTB, 28-29 CTB, Hess Joseph CTB, Hess 29

ORRI Ritchie Exploration, Inc. SE Sec 20 & SW Sec 21 13S 31W

County & State Acres Decimal Interest Operating Expenses Income (12mo)Gove, KS .0015860, .0015829 & .0007930 $0 $905.00Seller comments $75.62/moLease averages 904 bbl per monthCrude purchased by CHS McPherson Refinery Inc.12/17 paystub shows $75.62 for 1 month

Lot #50 Lease Name Type Operator Legal DescriptionSeward SW ORRI StrataKan Exploration, LLC SE Sec 1 21S 14WCounty & State Acres Decimal Interest Operating Expenses Income (3mo)Stafford, KS 160 .015 $0 $1,863.21Seller comments $621.07/moSold 658 bbl in January 18Solid well. High producing fluid level. Potential development to be done on this lease.Neighboring leases on the same feature have produced hundreds of thousdands of bbls.Lot #51 is an identical interest.

Attention Bidders20% due day of sale on purchased lots.Qualification to Bid: Bidders are required to register in advance of the sale. This auction of oil and gas properties is made only to selected parties willing to attend and are responsible, and is intended only for parties who are qualified. This sale brochure, and all other notices of the sale, are not intended as a public offering. This sale brochure does not constitute an offer or solicitation to pur-chase or an offer or solicitation to sell to any person in a state where the laws of such state prohibit such offers.

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Lot #51 Lease Name Type Operator Legal DescriptionSeward SW ORRI StrataKan Exploration, LLC SE Sec 1 22S 14WCounty & State Acres Decimal Interest Operating Expenses Income (3mo)Stafford, KS 160 .015 $0 $1,863.21Seller comments $621.07/moSold 658 bbl in January 18Solid well. High producing fluid level. Porential development to be done on this lease.Neighboring leases on the same feature have produced hundreds of thousdands of bbls.

Lot #52 ATTENTION: This is a multiple lease lot.All leases will sell together.

Lease Name Type Operator Legal DescriptionWerth Gerstner 1 PWI American Land and

Energy LLCSE SE NW SW Sec 24 14S 17W

County & State GWI NRI Operating Expenses Income (12mo)Ellis, KS .0625 .0527344 $2,451.62 $1,990.80Seller comments $204.30/mo $165.90/moCrude purchased by CHS McPherson. Well reworked in 2017.

Lot Total Income: $-95.82 (per month net average for four leases)

Lease Name Type Operator Legal DescriptionLeiker 8-15-1 PWI American Land and

Energy LLCS2 NW SW SW Sec 8 15S 16W

County & State GWI NRI Operating Expenses Income (12mo)Ellis, KS .0625 .0527344 $1,051.03 $2,061.36Seller comments $87.59/mo $171.78/moCrude purchased by CHS McPherson. Well reworked in 2017.

Lease Name Type Operator Legal DescriptionBraun Unit PWI American Land and

Energy LLCS2 NE SW NW Sec 8 15S 16W

County & State GWI NRI Operating Expenses Income (12mo)Ellis, KS .0625 .0527344 $1,878.28 $726.73Seller comments $156.52/mo $60.56/moCrude purchased by CHS McPherson. Well reworked in 2017. 80 Acres

Lease Name Type Operator Legal DescriptionVonfeldt SWD PWI American Land and

Energy LLCE2 NW Sec 7 15S 16W

County & State GWI NRI Operating Expenses Income (12mo)Ellis, KS .0625 .0527344 $547.82 $0Seller comments $45.56/moSWD credit from Werth Gerstner, Leiker, & Braun for 2017 $790.64. 80 AcresAdditional info at mceeauction.com

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Lot #53 ATTENTION: This is a multiple lease lot.All leases will sell together.

Lease Name Type Operator Legal DescriptionRitter ‘A’ #1-32 PWI Great Plains Energy NW Sec 32 3S 26WCounty & State GWI NRI Operating Expenses Income (12mo)Decatur, KS 0.01325 0.0106 $361.32 $871.92Seller comments $30.11/mo $72.66/mo

Lot Total Income: -$407.21 (per month net average for two leases. See description)

Lease Name Type Operator Legal DescriptionEvelyn ‘A’ #1-27 PWI Great Plains Energy SW Sec 27 3S 26WCounty & State GWI NRI Operating Expenses (9mo) Income (4mo)Decatur, KS 0.01325 0.0106 $5,261.39 $539.36Seller comments $584.60/mo $134.84/moWell drilled 6/2017POP mid 8/2017JIB for 1/2018 was $18.42Rev-Exp = $153.33(1/2018)Expenses atypical due to new well completion. 1/2018 revenue representative of typical production

Lot #54 Lease Name Type Operator Legal DescriptionBetts Travis Peak RI BRG Energy Inc. See additional informationCounty & State Decimal Interest Operating Expenses Income (3mo)Leon, TX .00093636 $230.36Seller comments $58/moAdditional info at mceeauction.com

Lot #55 Lease Name Type Operator Legal DescriptionBelle Lease PWI Griffin Management SE Sec 27 32S 12WCounty & State GWI NRI Operating Expenses Income (12mo)Barber, KS 0.01 0.008 $623.07 $2,452.32Seller comments $51.92/mo $204.36/mo2 Wells

Attention Bidders20% due day of sale on purchased lots.Qualification to Bid: Bidders are required to register in advance of the sale. This auction of oil and gas properties is made only to selected parties willing to attend and are responsible, and is intended only for parties who are qualified. This sale brochure, and all other notices of the sale, are not intended as a public offering. This sale brochure does not constitute an offer or solicitation to pur-chase or an offer or solicitation to sell to any person in a state where the laws of such state prohibit such offers.

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Lot #56 ATTENTION: This is a multiple lease lot.All leases will sell together.

Lease Name Type Operator Legal DescriptionBetty Lease PWI Griffin Management NW Sec 14 32S 12W and NE Sec 15 32S 12WCounty & State NRI GWI Operating Expenses Income (12mo)Barber, KS 0.004 0.005 $180.43 $499.47Seller comments $15.04/mo $41.62/mo2 wells

Lot Total Income: $100.57 (per month net average for four leases.)

Lease Name Type Operator Legal DescriptionCaroline PWI Griffin Management SW Sec 15 32S 12WCounty & State NRI GWI Operating Expenses Income (12mo)Barber, KS 0.008 0.01 $324.17 $757.44Seller comments $27.01/mo $63.12/mo2 Wells

Lease Name Type Operator Legal DescriptionColleen PWI Griffin Management SE Sec 34 32S 12WCounty & State NRI GWI Operating Expenses Income (12mo)Barber, KS 0.004 0.005 $178.73 $398.86Seller comments $14.89/mo $33.24/mo

Lease Name Type Operator Legal DescriptionGladys Lease PWI Griffin Management SE Sec 26 32S 12WCounty & State NRI GWI Operating Expenses Income (12mo)Barber, KS 0.80 0.01 $600.02 $834.30Seller comments $50.00/mo $69.53/mo

Lot #57 Lease Name Type Operator Legal DescriptionJazmyne PWI Griffin Management SW Sec 34 32S 12WCounty & State GWI NRI Operating Expenses Income (12mo)Barber, KS 0.005 0.004 $374.60 $1,525.48Seller comments $31.22/mo $127.12/mo

Attention Bidders20% due day of sale on purchased lots.Qualification to Bid: Bidders are required to register in advance of the sale. This auction of oil and gas properties is made only to selected parties willing to attend and are responsible, and is intended only for parties who are qualified. This sale brochure, and all other notices of the sale, are not intended as a public offering. This sale brochure does not constitute an offer or solicitation to pur-chase or an offer or solicitation to sell to any person in a state where the laws of such state prohibit such offers.

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Lot #58 ATTENTION: This is a multiple lease lot.All leases will sell together.

Lease Name Type Operator Legal DescriptionJean #1 PWI Griffin Management NE Sec 16 32S 12WCounty & State NRI GWI Operating Expenses Income (12mo)Barber, KS 0.00375 0.005 $137.21 $387.49Seller comments $11.43/mo $32.29/mo

Lease Name Type Operator Legal DescriptionJean #3 PWI Griffin Management SE Sec 16 32S 12WCounty & State NRI GWI Operating Expenses Income (12mo)Barber, KS 0.00375 0.005 $133.77 $288.03Seller comments $11.15/mo $24.00/mo

Lease Name Type Operator Legal DescriptionLukens PWI Griffin Management SE Sec 1 32S 12WCounty & State NRI GWI Operating Expenses Income (12mo)Barber, KS 0.0039 0.005 $242.40 $366.72Seller comments $20.20/mo $30.56/mo

Lease Name Type Operator Legal DescriptionWood Lease PWI Griffin Management SW Sec 22 26S 16W + NE Sec 27 26S 16WCounty & State NRI GWI Operating Expenses Income (12mo)Barber, KS 0.004 0.005 $413.78 $585.86Seller comments $34.48/mo $48.82/mo2 Wells

Lot Total Income: $58.41 (per month net average for four leases.)

Lot #59 Lease Name Type Operator Legal DescriptionSharon Lease PWI Griffin Management SW Sec 34 32S 12W + SE Sec 33 32S 12WCounty & State GWI NRI Operating Expenses Income (12mo)Barber, KS 0.005 0.004 $1,006.84 $3,857.61Seller comments $83.90/mo $321.47/mo4 wells

Attention Bidders20% due day of sale on purchased lots.Qualification to Bid: Bidders are required to register in advance of the sale. This auction of oil and gas properties is made only to selected parties willing to attend and are responsible, and is intended only for parties who are qualified. This sale brochure, and all other notices of the sale, are not intended as a public offering. This sale brochure does not constitute an offer or solicitation to pur-chase or an offer or solicitation to sell to any person in a state where the laws of such state prohibit such offers.

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Lot #60 Lease Name Type Operator Legal DescriptionSpringer B PWI Griffin Management NW Sec 3 32S 12WCounty & State GWI NRI Operating Expenses Income (12mo)Barber, KS 0.005 0.004 $712.89 $2,811.45Seller comments $59.41/mo $234.29/mo2 wells

Lot #61 Lease Name Type Operator Legal DescriptionSpringer Lease PWI Griffin Management SW Sec 34 32S 12W + SE Sec 34 32S 12WCounty & State GWI NRI Operating Expenses Income (12mo)Barber, KS 0.005 0.004 $938.21 $2,981.72Seller comments $78.18/mo $248.48/mo3 wells

Attention Bidders20% due day of sale on purchased lots.Qualification to Bid: Bidders are required to register in advance of the sale. This auction of oil and gas properties is made only to selected parties willing to attend and are responsible, and is intended only for parties who are qualified. This sale brochure, and all other notices of the sale, are not intended as a public offering. This sale brochure does not constitute an offer or solicitation to pur-chase or an offer or solicitation to sell to any person in a state where the laws of such state prohibit such offers.

Lot #62 Lease Name Type Operator Legal DescriptionDavignon Operated Lease Mar-Lou Oil Co. LLC NW Sec 20 9S 21WCounty & State GWI NRI Crude Purchaser AcresGraham, KS 100 .80 CHS 160Seller commentsOil Gravity: 273 Arbuckle wells2.85 total gross BOPD for all wells 2017 SWD $750 per month to Meridian EnergyUtilities averaged $1849 per month the last quarter of 2017

Surface Casing 2. 8 5/8 @279 3. 8 5/8 @240 4. 8 5/8 @240Production Casing 5 1/2 @ 3836, 4 1/2 @3895 5 1/2 @3862, 4 1/2@3853 5 1/2@3821, 4 1/2@ 3818Tubing 89 jts 2 3/8 122 jts 2 3/8 121 jts 2 3/8Rods 53 jts 7/8, 52 jts 3/4 153 jts 3/4 86 jts 7/8, 64 jts 3/4Pump 1 3/4x12 Tbg Pump 1 3/4x12 Tbg Pump 1 3/4x16 Tbg PumpPumping Unit Emsco 228 Parkersburg 228 National 320Engine electric electric electricTank Battery 6x20 Knockout 1 FG 10x15 G.B. 2-12x12 Stock TK

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Lot #63 Lease Name Type Operator Legal DescriptionWard Unit PWI Diamond Operating NE Sec 10 02S 54WCounty & State GWI NRI Operating Expenses Income (11mo)Washington, Co .0284529 .02369880 $2,806.23 $4,278.71Seller comments $255.11/mo $388.97/moProduction purchased by Plains marketing

Lot #64 ATTENTION: This is a multiple lease lot.All leases will sell together.

Lease Name Type Operator Legal DescriptionForbes 1-23 PWI Western Operating NW NE Sec 12 01N 54WCounty & State NRI GWI Operating Expenses Income (12mo)Washington, Co .02102260 .025628 +/- $3,048.36 $7,149.39Seller comments $254.03/mo $595.78/moInterest includes #1 Basler well, api 05-121-08743 Sec 14 NW NEForbes 1-23 averaging 76.8BBL/day over 2006-2016Income information includes both wells.

Lease Name Type Operator Legal DescriptionForbes 1-14 PWI Western Operating SE SE Sec 14 01N 54WCounty & State NRI GWI Operating Expenses Income (12mo)Washington, Co .02102260 .025628 +/- See 1-23 See 1-23Seller commentsIncome information includes both wells.

Lot Total Income: $341.75 (per month net average for two leases.)

Attention Bidders20% due day of sale on purchased lots.Qualification to Bid: Bidders are required to register in advance of the sale. This auction of oil and gas properties is made only to selected parties willing to attend and are responsible, and is intended only for parties who are qualified. This sale brochure, and all other notices of the sale, are not intended as a public offering. This sale brochure does not constitute an offer or solicitation to pur-chase or an offer or solicitation to sell to any person in a state where the laws of such state prohibit such offers.

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Lot #65 ATTENTION: This is a multiple lease lot.All leases will sell together.

Lease Name Type Operator Legal DescriptionStinson #1 Operated Lease Jo-Allyn Oil Co., Inc Sec 12County & State Acres GWI NRI Gas PurchaserHarper, OK 640 .38671875 .278739605Seller commentsCURRENTLY PRODUCING 600 MCF PER MONTH, OP. EXP. 600.41 PER MONTH.EQUIPMENT: 160 PUMPING UNIT W/ FAIRBANKS POWER, 210 STEEL STOCK TANK, MECHANICAL VERTICAL SEPARATOR

Lease Name Type Operator Legal DescriptionStinson 2-12 Operated Lease Jo-Allyn Oil Co., Inc Sec 12County & State Acres GWI NRI Gas PurchaserHarper, OK 640 .52734400 .39954050Seller commentsCURRENTLY PRODUCING 515 MCF PER MONTH, OP. EXP. 568.75 PER MONTH.EQUIPMENT: 160 PUMPING UNIT W/ AJAX POWER, 300 BBL STEEL STOCK TANK, 210 FIBERGLASS WATER TANK, MECHANICAL VERTICAL SEPARATOR

Lease Name Type Operator Legal DescriptionWright 1-30 Operated Lease Jo-Allyn Oil Co., Inc Sec 30County & State Acres GWI NRI Gas PurchaserHarper, OK 640 .5156250000 .3817275330Seller comments600# SHUT-IN PRESSUREEQUIPMENT: 160 PUMPING UNIT W/ KUBOTA POWER, 300 BBL STEEL STOCK TANK, MECHANICAL VERTICAL SEPARATOR

Lease Name Type Operator Legal DescriptionState of Okla C 1-36 Operated Lease Jo-Allyn Oil Co., Inc WBO Sec 36 28N 24WCounty & State Acres GWI NRI Gas PurchaserHarper, OK WBO 1.00000000 .87500000Seller commentsSHUT-INEQUIPMENT: SMALL STOCK TANK

Lot #66 Lease Name Type Operator Legal DescriptionSchuette Minerals Minerals E/2 E/2 Sec 23 31s 16wCounty & State Net Mineral AcresComanche, KS 80 Additional info at mceeauction.com

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Lot #67 Lease Name Type Operator Legal DescriptionSchuette Minerals Minerals E/2 E/2 Sec 26 31s 16wCounty & State Net Mineral AcresComanche, KS 80 Additional info at mceeauction.com

Lot #68 Lease Name Type Operator Legal DescriptionSchuette Minerals Minerals S/2 & SW/4 NE/4 &

SW/4 NW/4 of 24-31s-16wCounty & State Net Mineral AcresComanche, KS 200 Additional info at mceeauction.com

Lot #69 Lease Name Type Operator Legal DescriptionSchuette Minerals Minerals W/2 Sec 1 32s 16wCounty & State Net Mineral AcresComanche, KS 160 Additional info at mceeauction.com

Lot #70 Lease Name Type Operator Legal DescriptionSchuette Minerals Minerals S2 NE & S2 SW & SE Sec 33 31s 16wCounty & State Net Mineral AcresComanche, KS 160 Additional info at mceeauction.com

Lot #71 Lease Name Type Operator Legal DescriptionSchuette Minerals Minerals SE SW & S/2 SE Sec 33 31s 16wCounty & State Net Mineral AcresComanche, KS 60 Additional info at mceeauction.com

Lot #72 Lease Name Type Operator Legal DescriptionSchuette Minerals Minerals NE & E/2 NW &

S/2 SW & NE SW Sec 4 32s 16wCounty & State Net Mineral AcresComanche, KS 180 Additional info at mceeauction.com

Attention Bidders20% due day of sale on purchased lots.Qualification to Bid: Bidders are required to register in advance of the sale. This auction of oil and gas properties is made only to selected parties willing to attend and are responsible, and is intended only for parties who are qualified. This sale brochure, and all other notices of the sale, are not intended as a public offering. This sale brochure does not constitute an offer or solicitation to pur-chase or an offer or solicitation to sell to any person in a state where the laws of such state prohibit such offers.

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Lot #73 Lease Name Type Operator Legal DescriptionSchuette Minerals Minerals S/2 SE Sec 5 32s 16wCounty & State Net Mineral AcresComanche, KS 40 Additional info at mceeauction.com

Lot #74 Lease Name Type Operator Legal DescriptionSchuette Minerals Minerals NE Sec 8 32s 16wCounty & State Net Mineral AcresComanche, KS 80 Additional info at mceeauction.com

Lot #75 Lease Name Type Operator Legal DescriptionSchuette Minerals Minerals N/2 Sec 9 32s 16wCounty & State Net Mineral AcresComanche, KS 160 Additional info at mceeauction.com

Lot #76 Lease Name Type Operator Legal DescriptionSchuette Minerals Minerals N/2 Sec 10 32s 16wCounty & State Net Mineral AcresComanche, KS 160 Additional info at mceeauction.com

Lot #77 Lease Name Type Operator Legal DescriptionSchuette Minerals Minerals N/2 Sec 11 32s 16wCounty & State Net Mineral AcresComanche, KS 160 Additional info at mceeauction.com

Lot #78 Lease Name Type Operator Legal DescriptionSchuette Minerals Minerals All Sec 3 32s 16wCounty & State Net Mineral AcresComanche, KS 320 Additional info at mceeauction.com

Lot #79 Lease Name Type Operator Legal DescriptionSchuette Minerals Minerals All Sec 2 32s 16wCounty & State Net Mineral AcresComanche, KS 320 Additional info at mceeauction.com

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Lot #80 Lease Name Type Operator Legal DescriptionSchuette Minerals Minerals S/2 Sec 7 31s 15wCounty & State Net Mineral AcresBarber, KS 160 Additional info at mceeauction.com

Lot #81 Lease Name Type Operator Legal DescriptionSchuette Minerals Minerals N/2 Sec 18 31s 15wCounty & State AcresBarber, KS 160 Additional info at mceeauction.com

Lot #82 Lease Name Type Operator Legal DescriptionSchuette Minerals Minerals NW & N/2 NE & W/2 SW Sec 17 31s 15wCounty & State Net Mineral AcresBarber, KS 160 Additional info at mceeauction.com

Lot #83 Lease Name Type Operator Legal DescriptionSchuette Minerals Minerals NE SE & SE SW & S/2 SE Sec 18 31s 15wCounty & State Net Mineral AcresBarber, KS 80 Additional info at mceeauction.com

Lot #84 Lease Name Type Operator Legal DescriptionSchuette Minerals Minerals NW NE & NE NW Sec 19 31s 15wCounty & State Net Mineral AcresBarber, KS 40 Additional info at mceeauction.com

Lot #85 Lease Name Type Operator Legal DescriptionSchuette Minerals Minerals NW Sec 6 32s 15wCounty & State Net Mineral AcresBarber, KS 80 Additional info at mceeauction.com

Attention Bidders20% due day of sale on purchased lots.Qualification to Bid: Bidders are required to register in advance of the sale. This auction of oil and gas properties is made only to selected parties willing to attend and are responsible, and is intended only for parties who are qualified. This sale brochure, and all other notices of the sale, are not intended as a public offering. This sale brochure does not constitute an offer or solicitation to pur-chase or an offer or solicitation to sell to any person in a state where the laws of such state prohibit such offers.

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Lot #86 Lease Name Type Operator Legal DescriptionSchuette RI Producing

Minerals (RI)American Warrior All Sec 36 31s 16w & S/2 & S/2 N/2 &

NE NE Sec 35 31s 16wCounty & State Decimal Interest Acres IncomeComanche, KS .0625 1,160 $355/moSeller commentsSchuette 1-2 - 6111 BBL total production between 2013-2017 817 BBL thru 10-17Schuette #1 - 16258 MCF total production between 13-17 2360 MCF thru 10-17Schuette 2 - 31462 MCF total production between 13-17 5916 MCF thru 10-17Additional info at mceeauction.com

Lot #87 Lease Name Type Operator Legal DescriptionSchuette RI Producing

Minerals (RI)Canaday All Sec 25 31s 16w

County & State Decimal Interest Acres IncomeComanche, KS .0625 640 $241/moSeller commentsSchuette ‘A’ 2 - 24608 MCF total production between 13-17 4734 MCF thru 10-17Schuette B/B2 - 10889 BBL total production between 84-08 Schuette B/B2 - 5479 MCF total production between 13-17 429 MCF thru 10-17Schuette A/A2 - 2213 BBL total production between 13-17 471 BBL thru 10-17Additional info at mceeauction.com

Lot #86aLease Name Type Operator Legal DescriptionSchuette ORRI ORRI American Warrior All Sec 36 31s 16w & S/2 & S/2 N/2 &

NE NE Sec 35 31s 16wCounty & State Decimal Interest Acres IncomeComanche, KS .0234375 1,160 $155/moSeller commentsSchuette 1-2 - 6111 BBL total production between 2013-2017 817 BBL thru 10-17Schuette #1 - 16258 MCF total production between 13-17 2360 MCF thru 10-17Schuette 2 - 31462 MCF total production between 13-17 5916 MCF thru 10-17

Attention Bidders20% due day of sale on purchased lots.Qualification to Bid: Bidders are required to register in advance of the sale. This auction of oil and gas properties is made only to selected parties willing to attend and are responsible, and is intended only for parties who are qualified. This sale brochure, and all other notices of the sale, are not intended as a public offering. This sale brochure does not constitute an offer or solicitation to pur-chase or an offer or solicitation to sell to any person in a state where the laws of such state prohibit such offers.

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Lot #88 Lease Name Type Operator Legal DescriptionSchuette RI Producing

Minerals (RI)Red Cedar Oil E/2 Sec 1 32s 16w & N/2 Sec 12 32s 16w

County & State Decimal Interest Acres IncomeComanche, KS .0625 640 $22.00/moSeller commentsSchuette 1 - 10,008 MCF total production between 12-17 1601 thru 10-17Schuette 2 - 5,217 MCF total production between 12-17 391 thru 10-17Additional info at mceeauction.com

Lot #87aLease Name Type Operator Legal DescriptionSchuette ORRI ORRI Canaday All Sec 25 31s 16wCounty & State Decimal Interest Acres IncomeComanche, KS .0234375 640 $100/moSeller commentsSchuette ‘A’ 2 - 24608 MCF total production between 13-17 4734 MCF thru 10-17Schuette B/B2 - 10889 BBL total production between 84-08 Schuette B/B2 - 5479 MCF total production between 13-17 429 MCF thru 10-17Schuette A/A2 - 2213 BBL total production between 13-17 471 BBL thru 10-17

Lot #88aLease Name Type Operator Legal DescriptionSchuette ORRI ORRI Red Cedar Oil E/2 Sec 1 32s 16w & N/2 Sec 12 32s 16wCounty & State Decimal Interest Acres IncomeComanche, KS .0234375 640 $9.00/moSeller commentsSchuette 1 - 10,008 MCF total production between 12-17 1601 thru 10-17Schuette 2 - 5,217 MCF total production between 12-17 391 thru 10-17

Attention Bidders20% due day of sale on purchased lots.Qualification to Bid: Bidders are required to register in advance of the sale. This auction of oil and gas properties is made only to selected parties willing to attend and are responsible, and is intended only for parties who are qualified. This sale brochure, and all other notices of the sale, are not intended as a public offering. This sale brochure does not constitute an offer or solicitation to pur-chase or an offer or solicitation to sell to any person in a state where the laws of such state prohibit such offers.

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Lot #89 Lease Name Type Operator Legal DescriptionSchuette PWI PWI Canaday All Sec 25 31s 16wCounty & State Decimal Interest AcresComanche, KS 640Seller commentsAdditional info at mceeauction.com

Lot #90 Lease Name Type Operator Legal DescriptionVanMeter Unit 20-#1 Operated Lease BOP West, LLC SE Sec 20 16S 1WCounty & State Acres GWI NRI Crude PurchaserSaline, KS 107 100% .85 CVRSeller commentsOil Gravity 35Well 15-169-20341, 1/2-1 gross BOPD, 400 gross BBL H20/day.8 5/8” surface casing, 5 1/2” producing casing, 2 7/8” tubing, 3/4” rods. Electric powered Emsco 80,000 pumping unit with gearbox issue. 2 steel 200BBL tank battery and steel GB 10’ x 15’ separator treater.

Attention Bidders20% due day of sale on purchased lots.Qualification to Bid: Bidders are required to register in advance of the sale. This auction of oil and gas properties is made only to selected parties willing to attend and are responsible, and is intended only for parties who are qualified. This sale brochure, and all other notices of the sale, are not intended as a public offering. This sale brochure does not constitute an offer or solicitation to pur-chase or an offer or solicitation to sell to any person in a state where the laws of such state prohibit such offers.

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Lot #91 ATTENTION: This is a multiple lease lot.All leases will sell together.

Lease Name Type Operator Legal DescriptionWeibert Lease Operated Lease BOP West, LLC Part of W2 Sec 7 17S 1ECounty & State Acres GWI NRI Crude PurchaserMarion, KS 236 100% .80 CVRSeller comments34 oil gravity15-115-21365 - Miss. formation, 2 gross BOPD, 124 gross BBL H20/day, 13443 cum. oil productionSentry 114, 10hp electric engine, 2-FB 200BBL tank batt, 10’x20’ FG GB separator treater8 5/8” surface casing, 5 1/2” producing casing, 2 3/8” tubing, 3/4” rods15-115-21377 - Miss. formation, 3.48 gross BOPD, 400 gross BBL H20/day, shared TBAmerican 114, 30hp electric engine8 5/8” surface casing, 5 1/2” producing casing, 2 3/8” tubing, 3/4” rods15-115-21377 - Arbuckle SWD1-FG 200bbl tank battery8 5/8” surface casing, 5 1/2” production casing, 2 7/8” sealtite tubing

Lease Name Type Operator Legal DescriptionTarn Lease Operated Lease BOP West, LLC S2 SW Sec 6 17S 1ECounty & State Acres GWI NRI Crude PurchaserMarion, KS 83 100% .80 CVRSeller comments33.5 oil gravity15-115-21376 - Miss. formation, .83 gross BOPD, 85 gross BBL H20/day, 8210 cum. oil productionSentry 114 pumping unit, 20hp electric engine, 2 FG 200BBL tank battery, 10’x15” FG GB, 30”x10’ KO tank8 5/8” surface casing, 5 1/2 production casing, 2 3/8” tubing, 3/4” rodsShares disposal with Weibert lease

Lease Name Type Operator Legal DescriptionEverhart-Base Unit Operated Lease BOP West, LLC Sec 6County & State Acres GWI NRI Crude PurchaserMarion, KS 647 100% .80 CVRSeller comments33.5 oil gravity15-115-21421 - Miss. formation, 1 gross BOPD, 35 gross BBL H20/day, 3754 cum. oil productionEmsco 80,000 pumping unit, 20hp electric engine, 2- FG 200BBL tank battery, 8”x15” FG GB 2’x6’ KO8 5/8” surface casing, 5 1/2” production casing, 2 3/8” tubing, 3/4” rodsShares disposal with Weibert lease

Attention Bidders20% due day of sale on purchased lots.Qualification to Bid: Bidders are required to register in advance of the sale. This auction of oil and gas properties is made only to selected parties willing to attend and are responsible, and is intended only for parties who are qualified. This sale brochure, and all other notices of the sale, are not intended as a public offering. This sale brochure does not constitute an offer or solicitation to pur-chase or an offer or solicitation to sell to any person in a state where the laws of such state prohibit such offers.

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Lot #92 ATTENTION: This is a multiple lease lot.All leases will sell together.

Lease Name Type Operator Legal DescriptionDahlsten Operated Lease BOP West, LLC Sec 24 18S 4WCounty & State Acres GWI NRI Crude PurchaserMcPherson, KS 240 100% .80 CVRSeller comments34.7 oil gravity15-113-21330 - Viola formation, 1.68 gross BOPD, 50 gross BBL H20/day, 9584 cum. oil productionAmerican 80,000 pumping unit, electric, 2 GB 200BBL tank, 10’x15’ FG Gun BBL separator treater10 3/4” surface casing, 5 1/2” production casing, 2 3/8” tubing, 3/4” rods

Lease Name Type Operator Legal DescriptionPriddy SWD Operated Lease BOP West, LLC Sec 25 18S 4WCounty & State Acres GWI NRI Gas PurchaserMcPherson, KS 160 100% 100%Seller comments12/14/17 last MIT date15-113-21320-01 Arbuckle SWD1 FB 200 BBL tank battery10 3/4 surface casing, 5 1/2” production casing, 2 3/8” sealtite tubing, 3/4” rods

Attention Bidders20% due day of sale on purchased lots.Qualification to Bid: Bidders are required to register in advance of the sale. This auction of oil and gas properties is made only to selected parties willing to attend and are responsible, and is intended only for parties who are qualified. This sale brochure, and all other notices of the sale, are not intended as a public offering. This sale brochure does not constitute an offer or solicitation to pur-chase or an offer or solicitation to sell to any person in a state where the laws of such state prohibit such offers.

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Lease Name Type Operator Legal DescriptionSmith A-2 Operated Lease 3G Production LLC NW Sec 30 28S 15WCounty & State Acres GWI NRI Crude PurchaserPratt, KS 160 100% 0.78125000 MVPSeller comments33 oil gravity1 12’x10’ steel, 1 12’x10’ fiberglass tank batteries, 4’x20’ HT separator treater, Bethlehem pumping unit.8 5/8” surface casing, 4 1/2” production casing.Smith A-2 was pulled for a tubing leak and found discoloration on the tubing. No sign of any drilling mud in pump on mud anchor. Decided to send tubing out to be tested.This well makes gas for the following:1) Robbins Trust #1H2) People’s Bank #13) Gibsons #1&24) Thorpe #1We have an agreement w/ Landowner to pay him a flat fee for the gas each year but he gets his RI for the oil that is produced.Hopper #1 could be used as a alternative gas supply. Agreements w/ landowner needs to be obtained or electrify the leases

Lot #93 ATTENTION: This is a multiple lease lot.All leases will sell together.

Lease Name Type Operator Legal DescriptionRobbins Trust #1H Operated Lease 3G Production LLC SW Sec 19 28S 15WCounty & State Acres GWI NRI Crude PurchaserPratt, KS 160 100% 0.87500000 MVPSeller commentsHorizontal Well, frac’d but not cleaned out.36 oil gravity1 wellNational 1600 pumping unit, no engine. 3-12’x10’SST tank battery. 6x15’ separator treater.345’ 10 3/4 surface casing, 7 5/8” 4804’ production casing, 2 1/2 x 2 x 14 RWRC pump, national 1600 pumping unit, no engine, 3 - 12’x10’ SST tank battery, 6x15’ separator treater.

Attention Bidders20% due day of sale on purchased lots.Qualification to Bid: Bidders are required to register in advance of the sale. This auction of oil and gas properties is made only to selected parties willing to attend and are responsible, and is intended only for parties who are qualified. This sale brochure, and all other notices of the sale, are not intended as a public offering. This sale brochure does not constitute an offer or solicitation to pur-chase or an offer or solicitation to sell to any person in a state where the laws of such state prohibit such offers.

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Lease Name Type Operator Legal DescriptionThorpe #2 Operated Lease 3G Production LLC SE Sec 24 28S 16WCounty & State Acres GWI NRI Crude PurchaserKiowa, KS 160 100% 0.69870000Seller comments34 oil gravityMississippi producing formation

8 5/8 surface casing 337’, 4755’ 4 1/2 production casing

Casing leak. Well was pumping approx 5-8BOPD well. Purchased from Apollo Energy 17 May 2010

No additional information. Well API 15-097-21292

Lease Name Type Operator Legal DescriptionThorpe #1 SWD Operated Lease 3G Production LLC Sec 24 28S 16WCounty & State Acres GWI NRI Crude PurchaserKiowa, KS 160 100% 0.69870000Seller comments8 5/8 surface casing, 4787’ 4 1/2” production casing, 4223’ 2 3/8 lock set 4213’ tubing, 2 12’x10 fiber-glass tanks

Lease Name Type Operator Legal DescriptionHopper #1 Operated Lease 3G Production LLC SE Sec 12 28S 16WCounty & State Acres GWI NRI Crude PurchaserKiowa, KS 160 100% 0.78906250Seller comments27 Gas Could be used as a back up gas supply, needs to make arrangements with royalty owners/landowners.CDR 80 pumping unit, 1-12x10 steel 1-12x10 fiberglass tank batteries, gas pac 1000# separator treater.8 5/8 480’ surface casing, 4 1/2 4669’ production casing, 146’ 2 3/8 tubing, 185’ 3/4” rods, 2x 1 1/2” x 12’, CDR 70 #65 pumping unit, 1 12x10 steel, 1 12x10 fiberglass tank battery, Gas pac 1000# separator treater

Lease Name Type Operator Legal DescriptionGibbons #1 Operated Lease 3G Production LLC NE Sec 24 28S 16WCounty & State Acres GWI NRI Crude PurchaserKiowa, KS 150 100% 0.80000000Seller comments33.5 Gas BTU1 well, needs pump change2” x 1/2 x12’ pump, CDR 114 #412 pumping unit, no engine, same as #2TB separator4 1/2 production casing, 2 3/8 147’ tubing, 3/4 189’ rods, 2” x 1 1/2 x 12 pump, CDR 114 #412 pumping unit. No engine. Same tank battery and separator treater as #2TB

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Lease Name Type Operator Legal DescriptionPeoples Bank #1 Operated Lease 3G Production LLC SW Sec 19 28S 15WCounty & State Acres GWI NRI Crude PurchaserPratt, KS 100% 0.3069606 PWSI

0.5072582 I/C Development LLC

MVP

Seller commentsHas tubing leak.114 sentry SN pumping unit2-12” x10 SH stock tanks, 1 FG WP4x15 HT separator treater8 5/8 413’ surface casing, 4 1/2 4805’ production casing, 147’ 2 3/8” tubing, 186’ 7/8 3/4 rods, 2’x1 3/4 x 10’ THC pump.

Lease Name Type Operator Legal DescriptionGibbons-Hughes #2 Operated Lease 3G Production LLC NE Sec 24 28S 16WCounty & State Acres GWI NRI Crude PurchaserKiowa, KS 160 100% 0.80000000Seller comments34 gas BTU1 well. 160 oil well 1733895, 12’x10’ lst 12’x10’ wt, 4x24 separator treaterHas a tubing leak.5 1/2 production casing, 147’ 2 /78 tubing, 187’ 3/4” rods, 2 1/2” x 2 1/4” w 5/2” AC pump, 160 oil well 173B 895 pump, no engine, 12’x10’ lst 12’x10’ wt tank battery, 4x24 separator treater.

Attention Bidders20% due day of sale on purchased lots.Qualification to Bid: Bidders are required to register in advance of the sale. This auction of oil and gas properties is made only to selected parties willing to attend and are responsible, and is intended only for parties who are qualified. This sale brochure, and all other notices of the sale, are not intended as a public offering. This sale brochure does not constitute an offer or solicitation to pur-chase or an offer or solicitation to sell to any person in a state where the laws of such state prohibit such offers.

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Lot #94 Lease Name Type Operator Legal DescriptionMabelle Operated Lease Murfin Drilling

Company, Inc.N/2 Sec 25 10S 24W

County & State Acres GWI NRI Crude PurchaserGraham, KS 320 0.8495 0.72008397 MV Purchasing, LLCSeller commentsWell #5Producing from the LKC E & J formations, 2.5 gross BOPD, 51 gross BWPD, has a casing leak, producing under a packerSurface Casing: 8 5/8” @ 181’Production Casing: 4 ½” @ 4045’Tubing: 2 3/8” @ 3978’Packer: AD-1 @ 3818’Rods: 158 jts of ¾”Pump: 2 x 1 ½ x 10’Pumping Unit: 114 American, 54” max stroke lengthEngine: 20 hp Marathon

Well #2Injection well, passed MIT 6-1-16Surface Casing: 8 5/8” @ 155’Production Casing: 5 ½” @ 3993’Liner: 4 ½” @ 3949’Tubing: 2 3/8” Seal Tite with Arrow Set 1X set @ 3695’

Tank Battery: 1- 10’ x 16’ FGGB, 3- 12’ x 12.5’ WSST (one tank is bad), 1- 12’ x 10’ closed top FGSWTOther Equipment: 1- 80 American unit, bent beam, no gear box, parts only.1- 80 American unit, gear box locked up, parts only.

283,464 cumulative oil production for the leaseThe #5 well has a casing leak and is producing under a packer.The #5 well was down most of the first half of 2017 until a tubing job was done in August.There may be potential for a re-drill, the lease lost approximately 6.5 BOPD during the time the #4 well developed a casing leak and was plugged in January 2013.

Revenue: LOE:January $0.00 $1,755.82February $0.00 $1,560.10March $0.00 $123.04April $0.00 $176.69May $0.00 $123.04June $0.00 $132.97July $0.00 $123.04August $0.00 $13,164.14September $5,026.12 $1,545.66October $0.00 $1,742.65November $5,731.39 $1,347.89December $0.00 $1,355.662017Total: $10,757.51 $23,150.69

Attention Bidders20% due day of sale on purchased lots.Qualification to Bid: Bidders are required to register in advance of the sale. This auction of oil and gas properties is made only to selected parties willing to attend and are responsible, and is intended only for parties who are qualified. This sale brochure, and all other notices of the sale, are not intended as a public offering. This sale brochure does not constitute an offer or solicitation to pur-chase or an offer or solicitation to sell to any person in a state where the laws of such state prohibit such offers.

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Lot #95 Lease Name Type Operator Legal DescriptionBraun #1 & #2 ORRI Elk Energy Holdings, LLC SE Sec 26, E/2 SW Sec 25 of 13S 17WCounty & State Acres Decimal Interest Operating Expenses Income (7mo)Ellis, KS 240 .02 $0 $2,311.97Seller comments $330.28/mo June $482.88, July $373.09, Aug $262.62, Sept $269.80, Oct $284.50, Nov $312.48, Dec $322.60Oil purchased by MV Purchasing, LLCLot #95a is an identical interest.

Lot #96 Lease Name Type Operator Legal DescriptionMai Operated Lease MG Oil SW Sec 28 13S 14WCounty & State Acres GWI NRI Crude PurchaserRussell, KS 160 100% .8476559 CHSSeller comments34.2 oil gravity, SWD. $1,200 per year goes to TD Squared Farms per Surface Use Agerement for out-side water.Well #9, Arbuckle disposalWell #2, produces from Arbuckle formation. 3 gross BOPD, 625 gross BBL of H20/dayLease has produced 374,835 gross BBL oil (1 oil, 3 oil P&A)Surface casing 8 5/8” @ 567’Production casing 5 1/2’’ @ 3397’; 4 1/2’’ liner @3380’Tubing 2 3/8’’ SealtiteOther Equipment 2 3/8’’x 4 1/2’’ packer set @ 3338’Surface Casing 8 5/8’’Production Casing 4 1/2’’ Liner @ 3228’Tubing 2 7/8’’ (97 Joints)Rods (110) 7/8’’ (10) 1 1/2’’ sinker barsPump 2 7/8’’ tubing pump (on/off tool)Pumping Unit Churchhill 320Engine 40 HP Electric MotorTank Battery 10’x15’ FG Gun-barrel, (2) 200 bbl Stock Tanks (1 FG, 1Steel)Separator Treater 10’x15’ FG Gun-barrelOther Equipment 300 bbl Fiberglass Water tankAdditional info at mceeauction.com

Lot #95aLease Name Type Operator Legal DescriptionBraun #1 & #2 ORRI Elk Energy Holdings, LLC SE Sec 26, E/2 SW Sec 25 of 13S 17WCounty & State Acres Decimal Interest Operating Expenses Income (7mo)Ellis, KS 240 .02 $0 $2,311.97Seller comments $330.28/mo June $482.88, July $373.09, Aug $262.62, Sept $269.80, Oct $284.50, Nov $312.48, Dec $322.60Oil purchased by MV Purchasing, LLC

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Lot #97 Lease Name Type Operator Legal DescriptionGiles Operated Lease Henry Nightengale Sec 26 27S 32WCounty & State Acres GWI NRI Gas PurchaserHaskell, KS 100%Seller comments800 gas BTU. Used for farm use only.Well #1Chase formation, 9,369mcf produced 2017, 8,225mcf produced 2016Approximately 4,500 bbl H20 total 2017Additional info at mceeauction.com

Lot #98 Lease Name Type Operator Legal DescriptionWoodbine A RI CML Exploration, LLC See additional infoCounty & State Decimal Interest Operating Expenses Income (6mo)Grimes, TX .00037028 $261.64Seller comments $43.61/mo4 producing horizontal wells in the Woodbine A formation.70.73% oil, 8.01% gas, 21.25% NGLAdditional info at mceeauction.com

Lot #99 Lease Name Type Operator Legal DescriptionPrairie Wind ORRI Red Oak Energy, Inc. SW NW; NW SW Sec 35 14S 41WCounty & State Acres Decimal Interest Operating Expenses Income (5mo)Wallace, KS 80 0.0025 $0 $1500.69Seller comments $300.14/moProd History (sales)2013 - 12,377 BO2014 - 24,925 BO2015 - 25,992 BO2016 - 26,430 BO2017 - 25,135 BO-2 wells: #1-35 & #2-35-Producing zone: MorrowLot #99a is an identical interest

Attention Bidders20% due day of sale on purchased lots.Qualification to Bid: Bidders are required to register in advance of the sale. This auction of oil and gas properties is made only to selected parties willing to attend and are responsible, and is intended only for parties who are qualified. This sale brochure, and all other notices of the sale, are not intended as a public offering. This sale brochure does not constitute an offer or solicitation to pur-chase or an offer or solicitation to sell to any person in a state where the laws of such state prohibit such offers.

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Lot #100 Lease Name Type Operator Legal DescriptionWinston Barnett Package RI EOG Resources, Inc See additional infoCounty & State Decimal Interest Operating Expenses Income (3mo)Montague, TX 2 wells .00016851 $122.29Seller comments 2 wells .00059328 $40.76/mo4 producing wells in the Barnett Shale formation.Producing 8% oil, 55% gas, 37% NGLAdditional info at mceeauction.com

Attention Bidders20% due day of sale on purchased lots.Qualification to Bid: Bidders are required to register in advance of the sale. This auction of oil and gas properties is made only to selected parties willing to attend and are responsible, and is intended only for parties who are qualified. This sale brochure, and all other notices of the sale, are not intended as a public offering. This sale brochure does not constitute an offer or solicitation to pur-chase or an offer or solicitation to sell to any person in a state where the laws of such state prohibit such offers.

Lot #101 Lease Name Type Operator Legal DescriptionGalliart Lease PWI John Jay Darrah Jr. Sec. 26 20S 12WCounty & State GWI NRI Operating Expenses Income (3mo)Barton, KS 0.03124992 .0256347 $803.41Seller comments $267.80/moLease sold 2,346 gross cumulative bbl through 10-2017Galliart #1 due for $70k workover to attempt to restablish Arbuckle production in the Galliart #1, plus evaluate any Lansing Kansas city zones that a new cased hole electric log might provide potential.

Lot Removed From Auction

Lot #99aLease Name Type Operator Legal DescriptionPrairie Wind ORRI Red Oak Energy, Inc. SW NW; NW SW Sec 35 14S 41WCounty & State Acres Decimal Interest Operating Expenses Income (5mo)Wallace, KS 80 0.0025 $0 $1500.69Seller comments $300.14/moProd History (sales)2013 - 12,377 BO2014 - 24,925 BO2015 - 25,992 BO2016 - 26,430 BO2017 - 25,135 BO-2 wells: #1-35 & #2-35-Producing zone: Morrow

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Lot #102 Lease Name Type Operator Legal DescriptionTrexler Royalty Citation Oil & Gas Group NW & W/2 NE Sec 15 9S 21WCounty & State Acres Decimal Interest Operating Expenses Income (2017 net)

Graham, KS 240 .0205078 $4,373.11Seller comments $364.43/moYear BBL Oil2013 5,9032014 4,8672015 4,9822016 4,732Through 11,2017 4,391

Lot #103 Lease Name Type Operator Legal DescriptionRoss ORRI RAMA Operating Co, Inc. S/2 SW Sec 11 15S 13WCounty & State Acres Decimal Interest Operating Expenses Income (2017 net)

Russell, KS 80 .0410156 $3,914.48Seller comments $362.21/moYear BBL Oil2013 2,5932014 2,5622015 2,5512016 2,447Through 11,2017 1,916

Lot #104 Lease Name Type Operator Legal DescriptionPerkins Mineral Acres N/A E/2 W/2 Sec 7 14N 13WCounty & State Acres Decimal Interest Operating Expenses Income (2017 net)

Blaine, OK 10Seller commentsSelling 10 net mineral acres. Acreage was leased August 2016 for 3 years at $1,750 per acre with a 1/5th royalty.

Attention Bidders20% due day of sale on purchased lots.Qualification to Bid: Bidders are required to register in advance of the sale. This auction of oil and gas properties is made only to selected parties willing to attend and are responsible, and is intended only for parties who are qualified. This sale brochure, and all other notices of the sale, are not intended as a public offering. This sale brochure does not constitute an offer or solicitation to pur-chase or an offer or solicitation to sell to any person in a state where the laws of such state prohibit such offers.

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Lot #105 ATTENTION: This is a multiple lease lot.All leases will sell together.

Lease Name Type Operator Legal DescriptionEtling Royalty DayStar Petroleum S/2 N/2 Sec 18 25S 16WCounty & State Acres Decimal Interest Operating Expenses Income (2017 net)

Edwards, KS 160 .0078125 $177.60Seller comments $9.80/moYear BBL Oil2013 6452014 6322015 6382016 639Through 11,2017 328

Lease Name Type Operator Legal DescriptionKoett Royalty DayStar Petroleum E/2 Sec 4 25S 16WCounty & State Acres Decimal Interest Operating Expenses Income (2017 net)

Edwards, KS 320 .0029295 $27.27Seller comments $2.27/moYear MCF Gas2013 7,8802014 7,1272015 6,8882016 7,031Through 11,2017 5,352

Lease Name Type Operator Legal DescriptionMassey Royalty DayStar Petroleum E/2 Sec 9 25S 16WCounty & State Acres Decimal Interest Operating Expenses Income (2017 net)

Edwards, KS 320 .0136719 $312.75Seller comments $26.06/moYear BBL Oil MCF Gas2013 168 5,3642014 166 5,3272015 344 4,6462016 169 4,670Through 11,2017 167 3,803

Attention Bidders20% due day of sale on purchased lots.Qualification to Bid: Bidders are required to register in advance of the sale. This auction of oil and gas properties is made only to selected parties willing to attend and are responsible, and is intended only for parties who are qualified. This sale brochure, and all other notices of the sale, are not intended as a public offering. This sale brochure does not constitute an offer or solicitation to pur-chase or an offer or solicitation to sell to any person in a state where the laws of such state prohibit such offers.

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Lease Name Type Operator Legal DescriptionWishnuck Royalty DayStar Petroleum SE SE Sec 30 11S 20WCounty & State Acres Decimal Interest Operating Expenses Income (2017 net)

Ellis, KS 40 .0078126 $595.55Seller comments $49.63/moYear BBL Oil2013 2,0142014 1,841 2015 1,8222016 2,001Through 11,2017 1,654

Lease Name Type Operator Legal DescriptionStephens Royalty Chesapeake Operating, Inc. ALL Sec 27 29N 15WCounty & State Acres Decimal Interest Operating Expenses Income (2017 net)

Woods, OK 640 .00030041 $7.53Seller comments $0.63/mo

Lot Total Income: $88.39 (per month net average for five leases.)

Lot #106 ATTENTION: This is a multiple lease lot.All leases will sell together.

Lease Name Type Operator Legal DescriptionAppleman-Edwards Royalty CrossBar Energy SE NW Sec 7 23S 11ECounty & State Acres Decimal Interest Operating Expenses Income (2017 net)

Greenwood, KS 40 .0104167 $1,590.88Seller comments $132.57/moYear BBL Oil2013 3,3812014 3,8132015 3,3262016 3,094Through 11,2017 3,400

Lease Name Type Operator Legal DescriptionEdwards Royalty Teichgraeber Oil, Inc. N/2 NW & SW NW Sec 7 23S 11ECounty & State Acres Decimal Interest Operating Expenses Income (2017 net)

Greenwood, KS 120 .0104167 $107.05Seller comments $8.92/moYear BBL Oil2013 867 2014 731 2015 574 2016 188 Through 11,2017 216

Lot Total Income: $141.49 (per month net average for two leases.)

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Lot #107 Lease Name Type Operator Legal DescriptionBreitenbach #2 ORRI CrossBar Energy NE Sec 10 25S 16WCounty & State Acres Decimal Interest Operating Expenses Income (2017 net)

Edwards, KS 160 .0546875 $914.66Seller comments $76.22/moYear MCF Gas2013 3,7272014 3,5222015 3,3872016 3,358Through 11,2017 2,760

Lot #108 Lease Name Type Operator Legal DescriptionJeromy 2304 1-26H Royalty Interest Sandridge S/2 NW Sec 26 23S 4WCounty & State Acres Decimal Interest Operating Expenses Income (29mo)Sumner, KS 40 net mineral .0117187 NONE $25,687.09Seller comments $887.76/mo7/20/17 check - $1,019.168/20/17 check - $785.739/20/17 check - $1,045.7610/20/17 check - $774.8211/20/17 check - $881.3512/20/17 check - $978.191/20/18 check - $788.102/20/18 check - $623.63

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Buyers Agreement to Purchase Properties In consideration of the mutual promises contained herein and other valuable consideration, thereceipt and sufficiency of which are hereby acknowledged, Buyer and Mid-Continent Energy Exchange,LLC agree as follows: Buyer agrees that any information provided by Mid-Continent Energy Exchange, LLC is basedupon representations made by the seller of oil and gas properties and that Mid-Continent EnergyExchange, LLC cannot guarantee the completeness, timeliness or accuracy of the information providedby the Seller. No information provided by Mid-Continent Energy Exchange, LLC or contained on itswebsite or any other communication constitutes investment advice. Any decisions based upon theinformation provided by Mid-Continent Energy Exchange, LLC shall be considered with this in mind andthe Buyer has the sole responsibility to do its own due diligence.

PURCHASE OF PROPERTIES: At auction, by sealed bid, or by other purchase or designated salemethod, a Seller may offer properties for sale with or without a minimum reserve sales price. Buyer canmake bids or offers on the property for sale. The Buyer with the highest bid or offer at the ending time andwhose bid or offer meets the minimum sales price (if any) or the Buyer whose bid or offer is accepted bySeller, will be obligated to purchase the property for that price. Buyer agrees to participate as a bidder inthe sale process for the sale of oil and gas properties and any negotiations following the sale process.BUYERS REPRESENTATIONS, AGREEMENTS, WARRANTIES AND ASSURANCES: Buyer agreesthat properties for sale through Mid-Continent Energy Exchange, LLC are not intended or considered tobe securities under the Securities Act of 1933, the Securities Exchange Act of 1934 and all applicablestate securities laws. Buyer hereby acknowledges and agrees that any sale of oil and gas royaltiesthrough Mid-Continent Energy Exchange, LLC is the process of putting a willing Seller in contact with awilling Buyer to facilitate the purchase of oil and gas properties. Buyer represents that he is asophisticated, accredited and qualified investor. Buyer represents, by executing this agreement, that aBuyer is (a) primarily engaged in the business of exploring for or producing oil or gas or other minerals asan ongoing business; (b) by reason of this knowledge or experience, the Buyer will evaluate the merits and risks of the properties to be purchased through Mid-Continent Energy Exchange, LLC and will forman opinion based upon Buyer’s knowledge and experience and not upon any statement, representation orprinted material provided by Mid-Continent Energy Exchange, LLC or its representative; (c) the Buyer isof legal age, has sufficient financial resources in order to bear the risk of loss attached to the purchase ofany property that Buyer bids upon; (d) Buyer has an annual income of $200,000.00 for any natural personin each of the two most recent years or joint income with the persons spouse of not less than $300,000.00in each of those years and has a reasonable expectation of reaching the same income level in the currentyear or Buyer has a net worth or a joint net worth with that persons spouse, at the time of his purchaseexceeding $1,000,000.00 or Buyer is a business entity with total assets in excess of $5,000,000.00, asshown by the business’s most recent prepared financial statements and has sufficient knowledge andexperience in business and financial matters to evaluate the merits and risks of the acquisition of oil andgas property. Buyer has a continuing duty to notify Mid-Continent Energy Exchange, LLC if Buyersubsequently fails to qualify as a sophisticated, qualified and accredited investor. Buyer agrees toindemnify and hold Mid-Continent Energy Exchange, LLC harmless from any and all violations ofapplicable securities laws that result from any misrepresentation of the Buyer being a sophisticated,qualified and accredited investor.

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BUYER’S DUE DILEGENCE AND INDEPENDENT EVALUATION: Buyer hereby acknowledges andagrees that it has the sole responsibility to examine all information concerning ownership and productionof the properties placed for sale through Mid-Continent Energy Exchange, LLC. Further, Buyeracknowledges and agrees that if it requires additional information concerning said properties, Buyer mustcontact Mid-Continent Energy Exchange, LLC or the Seller to obtain requested information prior to thebeginning date of the sale process. If Buyer makes a bid or offer on any property after making a requestfor additional information, Buyer waives the performance of that request. Buyer further agrees that it willmake an independent evaluation of the property and acknowledges that the Seller and Mid-ContinentEnergy Exchange, LLC have made no statements or representations concerning the present or futurevalue or the future income, costs or profits, if any, to be derived from the property. Buyer acknowledges inthat making a bid or offer in the sale process that Buyer has relied solely on its independent examinationof the premises and public records and that Buyer’s bids and offers are based solely on Buyer’sindependent inspections, estimates, computations, evaluations, reports, studies and knowledge of theproperties. Any and all information provided by Seller or Mid-Continent Energy Exchange, LLC in theproperty information sheet or data packages, as well as any other information provided by Seller or MidContinentEnergy Exchange, LLC, are furnished to Buyer at Buyer’s sole risk. Seller and Mid-ContinentEnergy Exchange, LLC do not warrant or represent as to the accuracy or completeness of the datapresented to the Buyer, and the Buyer agrees to indemnify and hold Mid-Continent Energy Exchange,LLC and Seller harmless from any reliance by Buyer on data provided by the Seller and/or Mid-ContinentEnergy Exchange, LLC.CONTRACT COMPLIANCE: Buyer hereby agrees to comply with all applicable joint operatingagreements, unitization agreements, communication agreements and other agreements that pertain tothe ownership of the subject properties. Buyer is fully responsible to obtain waivers of uniformmaintenance under joint operating agreements, if needed, and agrees to indemnify and hold MidContinentEnergy Exchange, LLC, and Seller harmless, if the same are not obtained by Buyer, or waivedby a third party.LESSER INTEREST: If Buyer discovers that the properties conveyed by Seller are of lesser interest thanwhat is represented on the property information sheet and associated data, or any modifications orchanges thereto, Buyer shall send notification to Seller within 60 days from the date of sale whichdescribes the difference in interest accompanied by adequate proof of said lesser interest. Buyer agreesthat within 30 days following the receipt of the notification, Seller will at Seller’s option and by writtennotice to Buyer, (a) refund a pro-rata share of the purchase price based on the amount of the interest losscompared to the total price paid for the full represented interest; or (b) Cure the defect that is attributableto the lesser interest; or (c) rescind the sale and Buyer shall reassign the same back to Seller free from any and all encumbrances of Buyer and Seller will refund the amount paid by Buyer upon execution anddelivery of the assignment from Buyer to Seller.

Mid-Continent Energy Exchange, LLC shall be entitled to retain commission paid or payable by Seller andin all events, the Buyer’s sole remedy is against Seller.GAS IMBALANCES: Buyer acknowledges and agrees that properties on which it may bid or make offersmay be subject to gas imbalances pursuant to gas balancing agreements between working interestparties or in the absence of agreements between the working interest parties and the unit. All propertiesshall be sold without warranty on an “as is, where is” basis. No adjustment in the purchase price shall bemade as a result of an inaccuracy in the estimated gas imbalance amount disclosed by Seller. Seller shallprovide information it believes accurate to the status of gas imbalances for the offered properties, butneither Seller nor Mid-Continent Energy Exchange, LLC makes any representations or warranties as tothe accuracy of said information.

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ENVIRONMENTAL LIABILITIES: Buyer hereby acknowledges and agrees that after the date of thisassignment it is responsible for any and all losses attributable to any and all environmental events orimpacts, including without limitation, damage to property, injury or death of persons or things, naturalresource damage, environmental remediation and restoration, costs, fines, or penalties arising out of orattributable to the ownership, condition or operation of the properties purchased by Buyer.ROYALTY, OVERRIDING ROYALTY, WORKING INTEREST, CONTRACTUAL LIABILITIES ANDOPERATION LIABILITIES: Buyer agrees and acknowledges that any and all liabilities relating toobligations to pay royalties, contractual obligations under oil and gas leases, joint operating agreementsand liabilities associated with the ownership, condition and operation of the subject properties become theBuyers liability from the effective date of assignment. Seller shall be liable for its period of ownership priorto the effective date of assignment of the property.NO WARRANTIES (EXPRESS OR IMPLIED): Buyer acknowledges and agrees that it is acquiring theproperties, wells, equipment and other property located thereon from Seller without warranty whatsoever,express, statutory or implied as to the description, title, condition, quality, fitness for purpose,merchantability, or otherwise. Buyer acknowledges and agrees that neither the Seller nor Mid-ContinentEnergy Exchange, LLC, makes any representation or warranty whatsoever as to the physical condition ofthe property nor any statements or representation concerning the present or future value of theanticipated income, cost, or profits, if any, to be derived from the property. Buyer acknowledges andagrees that all property is sold on an “as is, where is” basis.TITLE: Buyer hereby acknowledges and agrees that it has the sole responsibility to examine allinformation concerning title to the property and to conduct its own independent evaluation to ascertain titleto the properties and satisfy itself that the title is marketable, defensible or acceptable. Buyeracknowledges and agrees that it will indemnify and hold Seller and Mid-Continent Energy Exchange, LLCharmless as to the accuracy of any documents of title to the properties. Buyer further acknowledges andagrees that neither Seller nor Mid-Continent Energy Exchange, LLC warrants title, either express orimplied, and that all title to property is on an “as is” basis.CLOSING: Buyer acknowledges and agrees that upon notification from Mid-Continent Energy Exchange,LLC, at Buyer’s successful bid or offer on Seller’s property, Buyer shall tender the total amount of fundsrequired to purchase the property to the designated escrow bank as determined by Mid-Continent EnergyExchange, LLC by either wire transfer, next day delivery or overnight mail, by certified check orpreapproved check from Mid-Continent Energy Exchange, LLC, or hand courier delivery service to thedesignated closing office, all within 48 hours of notification. Buyer agrees that all funds will be held inescrow until Seller provides all executed documents of conveyance to Buyer.

BUYERS DEFAULT: Buyer acknowledges and agrees that if it defaults for any reason, Mid-ContinentEnergy Exchange, LLC and Seller shall have all remedies available to them by Kansas law, includingspecific performance declaring the sale void and reselling the property, seeking damages from Buyer,including all costs and reasonable attorneys’ fees resulting from Buyers breach.LAW GOVERNING AGREEMENT: Buyer acknowledges and agrees that this agreement shall begoverned and interpreted in accordance with the laws of the state of Kansas and that proper venue forany disputes arising out of this agreement shall be Sedgwick County, Kansas.NOTICES: Buyer acknowledges and agrees that any notice provided or permitted to be given under thisagreement shall be in writing and mailed to the Buyer at the address appearing above, or to MidContinentEnergy Exchange, LLC at the address appearing above.

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