dimmit tx - buda - eagleford producing royalties€¦ · dimmit tx - buda - eagleford producing...

DIMMIT TX - BUDA - EAGLEFORD Producing Royalties

13 Producing Royalty Interest Wells

Located in DIMMIT (TX)

2601 Network Boulevard ~ Suite 404 ~ Frisco, Texas 75034

Phone: (866) 454-6107 | Fax: (214) 975-2526 | Email: info@OakTreeMinerals.com

WWW.OAKTREEMINERALS.COM

DIMMIT TX - BUDA - EAGLEFORD Producing Royalties

Property Summary

The assets in this package are located in the Buda formation and the Eagle Ford Shale withinDimmit County, Texas.The Eagle Ford needs little introduction, being the largest oil and gasdevelopment in the world based on capital invested. The formation has redefined South Texasas a hotspot in the oil and gas industry with the formation supporting 116,000 local jobs andcontributing $60 billion to the local economy. Dimmit County has been one of the most activecounties in the United States in terms of oil and gas development recently. The past 6 monthshave seen 135 new permits filed, 31 of which were filed by the operator of the assets in thispackage, SN Energy. The vast majority of the development in the area concerns drilling newwells in the Eagle Ford, which has continued at a rapid pace: there are 10 rigs active in thecounty currently, most of any county in the region.

• 13 Producing Wells

• 13 Horizontal

• Royalty Interest

Package Details

• DIMMIT (TX)

• Formation(s)

• 74.34% - Oil

• $30.67 Per Month

• Cash Flow Represents 100.00% of Check Statements

• 0 Vertical

Location

• BUDA, EAGLEFORD

Production Breakdown

• 11.50% - Gas

• 14.16% - NGL

Cash Flow

• SN EF MAVERICK, LLC

Operator(s)

Package Contents

DIMMIT TX - BUDA - EAGLEFORD Producing Royalties

Check Revenue Statement

Check Statements

Maps

Production Graph

Source Assignments

Check Revenue Statement

DIMMIT TX - BUDA - EAGLEFORD Producing Royalties

Operator Jan-2019 Feb-2019 Mar-2019

DIMMIT TX - BUDA - EAGLEFORD Producing Royalties

Check Revenue Statement

Average

Production Months

SN EF MAVERICK LLC $23.61 $26.76 $41.65 $30.67

* Cash flow reflects the sale of 100.00% of the assets shown on the check statements paid by

SN EF MAVERICK LLC in this package.

$23.61 $26.76 $41.65 $30.67Package Totals:

* Note: Blank boxes indicate no revenue data available for that month

Check Statements

DIMMIT TX - BUDA - EAGLEFORD Producing Royalties

Maps

DIMMIT TX - BUDA - EAGLEFORD Producing Royalties

5/24/2019 benDefault

https://app.drillinginfo.com/production/#/workspaces/21291adb-03d4-4829-5a16-de513dd025e4 1/1

5/24/2019 benDefault

https://app.drillinginfo.com/production/#/workspaces/21291adb-03d4-4829-5a16-de513dd025e4 1/1

5/24/2019 benDefault

https://app.drillinginfo.com/production/#/workspaces/21291adb-03d4-4829-5a16-de513dd025e4 1/1

Production Graph

DIMMIT TX - BUDA - EAGLEFORD Producing Royalties

Summary page selections(Monthly Production)

Liquid (bbls): Current Cum: 2,441,326 Total: 2,441,326Gas (MCF): Current Cum: 16,728,804 Total: 16,728,804

Liquid (bbls) Gas (MCF) Wells

Date

Jan

19

Jan

18

Jan

17

Jan

16

Jan

15

Jan

14

Liq

uid

(B

bls

)

1,000

5,000

10,000

50,000

100,000

500,000

1,000,000

Ga

s (MC

F)

1,000

5,000

10,000

50,000

100,000

500,000

1,000,000

We

ll Co

un

t

0 1

5

10

50

100

500

1,000

© 2019 Drillinginfo

Source Assignments

DIMMIT TX - BUDA - EAGLEFORD Producing Royalties

INST NO.50399FilED FOri RECORD

DIMMiT COUNTY,TEXASJun 10, 2019 at 03:36:0(1 Pf#!

OIL, GAS,MINERAL AND ROYALTYCONVEYANCEFor valuable consideration, the receipt of which is acknowledged, Cindy Brown Keith, whose address is 119North Locust Street, st. Elmo, IL 62838 (hereinafter referred to as "Grantor"), does hereby bargain, sell,transfer, assign, and convey 100.0000% of Grantor's interests in all oil, gas, mineral, royalty, overridingroyalty, net profits, and other similar interests in the lands of Dimmit County, TX as described in Exhibit"A" unto the following Grantee(s). its/their successors and assigns:

\faL

Oak Tree Minerals, LLC2601 Network Blvd. Suite 404Frisco, TX 75034 e

63This conveyance is effective as of June 1, 2019 and includes all executive rights, bonuses, and delay rentals

applicable to Grantor's interest conveyed herein.Grantor agrees to pay any ad valorem taxes due on the interests herein conveyed prior to effective date. Allad valorem taxes attributable to the interests herein conveyed for after the effective date are theresponsibility of Grantee(s), its/their successors or assigns.Grantor warrants and agrees to defend the title to the interest herein conveyed against the lawful claims anddemands of all parties claiming or to claim the same, or any part thereof, by, through or under Grantor, butnot otherwise.

7

p

Cindy Brown Keith G

State of -rL § By: ~ ~ JleA...tt1nIL" § Cindy BfOWt1Ke&h

County of rOvi fVtlf<... § Owner

This instrument was acknowledged before me on V'f\ ~ 7._q,20li by Cindy BrownKeith.

oo35

OFFICIAL SEALMELISSA KARNES

NOTARY PUBLIC· STATE OF ILLINOISMy Commission Expires January 7. 2023

NotarYSignature:~ .~

Notary Name: b0eJi 550. tGtrt'1.l5

"-l- '7()73My Commission Expires: _-'----__ --"'L::::_::::.....::'-:..._",~ _(notary seal here)

Return To:OAK TREE MINERALS, LLC.2601 Network Boulevard, Suite 404Frisco, TX 75034

Prepared By:Derik ]. ToddOak Tree Minerals, LLC.

ID: 1069 Page 1 of 2

" -..

-~,

It is the Grantor's absolute intent to convey 100.0000% percent of the overriding royalty interests,non-producing royalty interests, term royalty and mineral interests, fee mineral interests, and oil, gas, orother mineral royalty interests in the lands of Dimmit County, TX, whether properly described below ornot.

vaL

EXHIBIT "A" oLegal Description417 acres, more or less, situated in Blocks One Hundred Fifty (150) and One Hundred Fifty-One (151) out ofSubdivision ''''H'''' of Taft-Catarina Subdivision, Dimmit County, Texas. and being more particularly describedin three (3) tracts as follows: TRACT ONE: 240 acres, more or less, and being the South half of Lot 1 andthe South half of Lot 2, all of Lot 7 and Lot 8, all in Block 151 out of Subdivision ""H"" of Taft-CatarinaProperties, Dimmit County. Texas; TRACT TWO: The North 60 of Lot 2. Block 150 out of Subdivision ""H""of Taft-Catarina Properties, Dimmit County. Texas; TRACT THREE: 117 acres. more or less, being Lot 1.Block 150, and the North 37 acres of Lot 8, Block 150 out of Subdivision ""H"" of Taft-Catarina Properties.Dimmit County. Texas; Being the same lands described in that certain Mineral Deed, dated November 20,1997, by and between Springman Texas Company and James D. Aderhold, Jr., et al, recorded in Volume266, Page 1 of the Deed Records of Dimmit County, Texas.

37

PGEND OF EXHIBIT "A"

Return To:OAK TREE MINERALS, LLC.2601 Network Boulev.ard, Suite 404Frisco, TX 75034

Prepared By:Derik]. ToddOak Tree Minerals, LLC.

oo36

10: 1069 Page 2 of 2

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