n

| Field             | Proved      Producing | Possible      Undeveloped |
|-------------------|-----------------------|---------------------------|
|              | Oil      (BBL)        | Gas      (MCF)            | Oil      (BBL) | Gas      (MCF) |
| Kirk              | 1,762,288             | 1,001,069                 |   | 1,147,200 |
| Royston           | 57,953                |                      |   |   |
| Marble      Falls | 20,820                | 82,972                    |   |   |
| Strawn            |                  | 121,883                   |   |   |
| Taylor-Ina        | 5,068,878             | 4,213                     | 5,125,000 |   |
| Barnett           | 24,254                | 131,107                   |   |   |
| Brazos            |                  |                      |   | 1,320,000 |
|              |                  |                      |   |   |
| Grand      Totals | 6,934,193             | 1,574,830                 | 5,125,000 | 2,467,200 |
|              |                  |                      |   |   |

| Producing               |   | Producing |        |   | Possible |   |
|-------------------------|--------|-----------|-------------|--------|----------|--------|
| Future      Net Revenue |   | $         | 479,330,566 |   |     | $      | 358,486,140 |   |
|                    |   |      |        |   |     |   |   |   |
| Discounted      FNI 10% |   | $         | 435,755,060 |   |     | $      | 238,093,930 |   |

|   |   |                        |
|--------|--------|-----------------------------|
|   |   |                        |   |
|   | By:    | /s/ Jerry      Worsham |   |
|   |   | Jerry      Worsham          |   |
|   |   |                        |   |
|   |   |                        |   |

----

|   | Blue      Ridge Enterprises |              |                                                                                                                                                                                                                          |       | Bend      Arch |                                                                            |                          |             |                                                                            |           |        |                                                                |            |        |        |        |        |        |
|--------|-----------------------------|-------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|------------|----------------|---------------------------------------------------------------------------------|-------------------------------|------------------|---------------------------------------------------------------------------------|----------------|-------------|---------------------------------------------------------------------|-----------------|-------------|-------------|-------------|-------------|-------------|
|   | Oil      Field Services     |              |                                                                                                                                                                                                                          |       |           | Estimated      Future Reserves  & Income as of January 1,    2008 |                          |             |                                                                            |           |        |                                                                |            |        |        |        |        |
|   |                        |              |                                                                                                                                                                                                                          |       |           |                                                                            |                          |             |      Discounted      FNI                               |           |        |                                                                |            |        |        |        |
|   |                        |              |                                                                                                                                                                                                                          |       |           |                                                                            |                          |             |                                                                            |           |        |                                                                |            |        |        |        |        |        |   |   |
|   |                        |              |                                                                                                                                                                                                                          |       |           |                                                                            |                          |             |                                                                            |           |        | 10%                                                                 | 238,093,930     |        |        |        |        |        |   |   |
|   |                        |              |                                                                                                                                                                                                                          |       |           |                                                                            |                          |             |                                                                            |           |        | 12%                                                                 | 220,368,429     |        |        |        |        |        |   |   |
|   |                        |              |                                                                                                                                                                                                                          |       |           |                                                                            |                          |             |                                                                            |           |        | 15%                                                                 | 196,724,983     |        |        |        |        |        |   |   |
|   |                        |              |                                                                                                                                                                                                                          |       |           |                                                                            |                          |             |                                                                            |           |        | 20%                                                                 | 163,869,821     |        |        |        |        |        |   |   |
|   |                        |              |                                                                                                                                                                                                                          |       |           |                                                                            |                          |             |                                                                            |           |        | 25%                                                                 | 137,524,023     |        |        |        |        |        |   |   |
|   |                        |              |                                                                                                                                                                                                                          |       |           |                                                                            |                          |             |                                                                            |           |        |                                                                |            |        |        |        |        |        |   |   |
|   |                        |              |                                                                                                                                                                                                                          | Possible   |           |                                                                            |                          | Net      Revenue |                                                                            |           |        |                                                                |            |        |        |        |        |        |   |
|   |                        |              |                                                                                                                                                                                                                          |       |           |                                                                            |                          | NRI              |                                                                            |           |        |         Average      Annual |            |        |        |        |        |        |   |
|   |                        |              |                                                                                                                                                                                                                          | Oil/Cond   | Gas            |                                                                            |                          | Fractional       | Oil/Cond                                                                        | Gas            |        |       Product      Prices             |            |        |        |        |        |        |   |
|   |                        | Field             |                                                                                                                                                                                                                          | BBL        | Mcf            |                                                                            |                          | Interest         | Bbl                                                                             | Mcf            |        | $/Bbl                                                               | $/Mcf           |        |        |        |        |        |   |   |
|   |                        |              |                                                                                                                                                                                                                          |       |           |                                                                            |                          |             |                                                                            |           |        | 0                                                                   | 0               |        | 2022        | 0           | 0           | 100         | 5.25 |   |
|   |                        | KIRK              |                                                                                                                                                                                                                          |       | 1,147,200      |                                                                            |                          | 0.75             | 0                                                                               | 860,400        |        | 97                                                                  | 7.19            |        | 2023        | 0           | 0           | 100         | 5.25 |   |
|   |                        | ROYSTON           |                                                                                                                                                                                                                          |       |           |                                                                            |                          | 0.75             | 0                                                                               | 0              |        | 97                                                                  | 7.19            |        | 2024        | 0           | 0           | 100         | 5.25 |   |
|   |                        | MARBLE      FALLS |                                                                                                                                                                                                                          |       |           |                                                                            | 0.75                          | 0                | 0                                                                               |           | 97          | 7.19                                                                |            | 2025        | 0           | 0           | 100         | 5.25        |   |
|   |                        | STRAWN            |                                                                                                                                                                                                                          |       |           |                                                                            |                          | 0.75             | 0                                                                               | 0              |        | 97                                                                  | 7.19            |        | 2026        | 0           | 0           | 100         | 5.25 |   |
|   |                        | TAYLOR_INA        | 5,125,000                                                                                                                                                                                                                     |       |           |                                                                            | 0.75                          | 3,843,750        | 0                                                                               |           | 97          | 7.19                                                                |            | 2027        | 0           | 0           | 100         | 5.25        |   |
|   |                        | BARNETT           |                                                                                                                                                                                                                          |       |           |                                                                            |                          | 0.75             | 0                                                                               | 0              |        | 97                                                                  | 7.19            |        | 2028        | 0           | 0           | 100         | 5.25 |   |
|   |                        | BRAZOS            |                                                                                                                                                                                                                          |       | 1,320,000      |                                                                            |                          | 0.5              | 0                                                                               | 660,000        |        | 97                                                                  | 7.19            |        | 2029        | 0           | 0           | 100         | 5.25 |   |
|   |                        |              |                                                                                                                                                                                                                          |       |           |                                                                            |                          |             | 0                                                                               | 0              |        |                                                                |            |        | 2030        | 0           | 0           | 100         | 5.25 |   |
|   |                        |              |                                                                                                                                                                                                                          |       |           |                                                                            |                          |             | 0                                                                               | 0              |        |                                                                |            |        | 2031        | 0           | 0           | 100         | 5.25 |   |
|   |                        |              |                                                                                                                                                                                                                          |       |           |                                                                            |                          |             | 0                                                                               | 0              |        |                                                                |            |        | 2032        | 0           | 0           | 100         | 5.25 |   |
|   |                        |              |                                                                                                                                                                                                                          |       |           |                                                                            |                          |             | 0                                                                               | 0              |        |                                                                |            |        | 2033        | 0           | 0           | 100         | 5.25 |   |
|   |                        |              |                                                                                                                                                                                                                          |       |           |                                                                            |                          |             | 0                                                                               | 0              |        |                                                                |            |        | 2034        | 0           | 0           | 100         | 5.25 |   |
|   |                        |              |                                                                                                                                                                                                                          |       |           |                                                                            |                          |             | 0                                                                               | 0              |        |                                                                |            |        | 2035        | 0           | 0           | 100         | 5.25 |   |
|   |                        |              |                                                                                                                                                                                                                          |       |           |                                                                            |                          |             | 0                                                                               | 0              |        |                                                                |            |        | 2036        | 0           | 0           | 100         | 5.25 |   |
|   |                        |              |                                                                                                                                                                                                                          |       |           |                                                                            |                          |             |                                                                            |           |        |                                                                |            |        |        |        |        |        |   |   |
|   |                        | SubTotal          |                                                                                                                                                                                                                          | 5,125,000  | 2,467,200      |                                                                            |                          |             | 3,843,750                                                                       | 1,520,400      |        |                                                                |            |        |        | 0           | 0           |        |   |   |
|   |                        |              |                                                                                                                                                                                                                          | 0          | 0              |                                                                            |                          |             | 0                                                                               | 0              |        |                                                                |            |        |        |        |        |        |   |   |
|   |                        | Total      Future | 5,125,000                                                                                                                                                                                                                     | 2,467,200  |           |                                                                            |                          | 3,843,750        | 1,520,400                                                                       |           |        |                                                                |            |        | 0           | 0           |        |        |   |
|   |                        |              |                                                                                                                                                                                                                          |       |           |                                                                            |                          |             |                                                                            |           |        |                                                                |            |        |        |        |        |        |   |   |
|   |                        |              |                                                                                                                                                                                                                          |       |           |                                                                            |                          |             |                                                                            |           |        |                                                                |            |        |        |        |        |        |   |   |
|   |                        |              |                                                                                                                                                                                                                          |       |           |                                                                            |                          |             |                                                                            |           |        |                                                                |            |        |        |        |        |        |   |   |
|   |                        |              |                                                                                                                                                                                                                          |       |           |                                                                            |                          |             |                                                                            |           |        |                                                                |            |        |        |        |        |        |   |   |
|   |                        |              | Future      Gross Revenue (FGR), $                                                                                                                                                                                            |       |           |                                                                            | Less      Production Taxes, $ |             |                                                                            | Total          |        |                                                                |            |        |        |        |        |
|   |                        |              | From                                                                                                                                                                                                                          | From       | Other          | Total                                                                           |                          |             | From                                                                            | From           |        |                                                                | Future      Net |        |        |        |        |        |   |   |
|   |                        | Field             | Oil                                                                                                                                                                                                                           | Gas        | Revenue        | FGR                                                                             |                          |             | Oil/Cond                                                                        | Gas      Sales |        |                                                                | Revenue,      $ |        |        |        |        |        |   |   |
|   |                        |              | 0                                                                                                                                                                                                                             | 0          | 0              | 0                                                                               |                          |             | 0                                                                               | 0              |        |                                                                | 0               |        |        |        |        |        |   |   |
|   |                        | KIRK              | 0                                                                                                                                                                                                                             | 6,186,276  |           | 6,186,276                                                                       |                          |             | 0                                                                               | 463,971        |        |                                                                | 5,722,305       |        |        |        |        |        |   |   |
|   |                        | ROYSTON           | 0                                                                                                                                                                                                                             | 0          |           | 0                                                                               |                          |             | 0                                                                               | 0              |        |                                                                | 0               |        |        |        |        |        |   |   |
|   |                        | MARBLE      FALLS | 0                                                                                                                                                                                                                             | 0          |           | 0                                                                               |                          |             | 0                                                                               | 0              |        |                                                                | 0               |        |        |        |        |        |   |   |
|   |                        | STRAWN            | 0                                                                                                                                                                                                                             | 0          |           | 0                                                                               |                          |             | 0                                                                               | 0              |        |                                                                | 0               |        |        |        |        |        |   |   |
|   |                        | TAYLOR_INA        | 372,843,750                                                                                                                                                                                                                   | 0          |           | 372,843,750                                                                     |                          |             | 17,150,813                                                                      | 0              |        |                                                                | 355,692,938     |        |        |        |        |        |   |   |
|   |                        | BARNETT           | 0                                                                                                                                                                                                                             | 0          |           | 0                                                                               |                          |             | 0                                                                               | 0              |        |                                                                | 0               |        |        |        |        |        |   |   |
|   |                        | BRAZOS            | 0                                                                                                                                                                                                                             | 4,745,400  |           | 4,745,400                                                                       |                          |             | 0                                                                               | 355,905        |        |                                                                | 4,389,495       |        |        |        |        |        |   |   |
|   |                        | 0                 | 0                                                                                                                                                                                                                             | 0          |           | 0                                                                               |                          |             | 0                                                                               | 0              |        |                                                                | 0               |        |        |        |        |        |   |   |
|   |                        | 0                 | 0                                                                                                                                                                                                                             | 0          |           | 0                                                                               |                          |             | 0                                                                               | 0              |        |                                                                | 0               |        |        |        |        |        |   |   |
|   |                        | 0                 | 0                                                                                                                                                                                                                             | 0          |           | 0                                                                               |                          |             | 0                                                                               | 0              |        |                                                                | 0               |        |        |        |        |        |   |   |
|   |                        | 0                 | 0                                                                                                                                                                                                                             | 0          |           | 0                                                                               |                          |             | 0                                                                               | 0              |        |                                                                | 0               |        |        |        |        |        |   |   |
|   |                        | 0                 | 0                                                                                                                                                                                                                             | 0          |           | 0                                                                               |                          |             | 0                                                                               | 0              |        |                                                                | 0               |        |        |        |        |        |   |   |
|   |                        | 0                 | 0                                                                                                                                                                                                                             | 0          |           | 0                                                                               |                          |             | 0                                                                               | 0              |        |                                                                | 0               |        |        |        |        |        |   |   |
|   |                        | 0                 | 0                                                                                                                                                                                                                             | 0          |           | 0                                                                               |                          |             | 0                                                                               | 0              |        |                                                                | 0               |        |        |        |        |        |   |   |
|   |                        |              |                                                                                                                                                                                                                          |       |           |                                                                            |                          |             |                                                                            |           |        |                                                                |            |        |        |        |        |        |   |   |
|   |                        | SubTotal          | 372,843,750                                                                                                                                                                                                                   | 10,931,676 |           | 383,775,426                                                                     |                          |             | 17,150,813                                                                      | 819,876        |        |                                                                | 365,804,738     |        |        |        |        |        |   |   |
|   |                        |              |                                                                                                                                                                                                                          |       |           |                                                                            |                          |             | 0                                                                               | 0              |        |                                                                | 0               |        |        |        |        |        |   |   |
|   |                        | Total      Future | 372,843,750                                                                                                                                                                                                                   | 10,931,676 |           | 383,775,426                                                                     |                          |             | 17,150,813                                                                      | 819,876        |        |                                                                | 365,804,738     |        |        |        |        |        |   |   |
|   |                        |              |                                                                                                                                                                                                                          |       |           |                                                                            |                          |             |                                                                            |           |        |                                                                |            |        |        |        |        |        |   |   |
|   |                        |              |                                                                                                                                                                                                                          |       |           |                                                                            |                          |             |                                                                            |           |        |                                                                |            |        |        |        |        |        |   |   |
|   |                        |              |                                  Deductions  $ |       |           |                                                                            |                          |             |         Future      Net Income (FNI), $ |           |        |                                                                |            |        |        |        |
|   |                        |              | Operating                                                                                                                                                                                                                     | Additional | Development    | Other                                                                           | Total                         |             |                                                                            |           |        |                                                                | Discounted      | Discounted  | Discounted  | Discounted  | Discounted  | Discounted  |   |   |
|   |                        | Field             | Costs                                                                                                                                                                                                                         | Taxes      | Costs          | Costs                                                                           | Deductions                    |             |                                                                            |           |        | Cumulative                                                          | 10%             | 10%         | 12%         | 15%         | 20%         | 25%         |   |   |
|   |                        |              |                                                                                                                                                                                                                          |       |           |                                                                            |                          |             |                                                                            |           |        |                                                                |            |        |        |        |        |        |   |   |
|   |                        | KIRK              |                                                                                                                                                                                                                          | 117,972    |           |                                                                            | 117,972                       |             |                                                                            |           | 5,604,333   | 5,604,333                                                           | 3,722,202       | 3,722,202   | 3,445,093   | 3,075,467   | 2,561,831   | 2,149,959   | 4.29361 |   |
|   |                        | ROYSTON           |                                                                                                                                                                                                                          | 0          |           |                                                                            | 0                             |             |                                                                            |           | 0           | 5,604,333                                                           | 0               | 0           | 0           | 0           | 0           | 0           | 4.29361 |   |
|   |                        | MARBLE      FALLS | 0                                                                                                                                                                                                                             |       |           | 0                                                                               |                          |             |                                                                            | 0              | 5,604,333   | 0                                                                   | 0               | 0           | 0           | 0           | 0           | 4.29361     |   |
|   |                        | STRAWN            |                                                                                                                                                                                                                          | 0          |           |                                                                            | 0                             |             |                                                                            |           | 0           | 5,604,333                                                           | 0               | 0           | 0           | 0           | 0           | 0           | 4.29361 |   |
|   |                        | TAYLOR_INA        | 7,110,130                                                                                                                                                                                                                     |       |           | 7,110,130                                                                       |                          |             |                                                                            | 348,582,807    | 354,187,140 | 231,516,483                                                         | 231,516,483     | 214,280,657 | 191,290,371 | 159,342,847 | 133,724,863 | 4.29361     |   |
|   |                        | BARNETT           |                                                                                                                                                                                                                          | 0          |           |                                                                            | 0                             |             |                                                                            |           | 0           | 354,187,140                                                         | 0               | 0           | 0           | 0           | 0           | 0           | 4.29361 |   |
|   |                        | BRAZOS            |                                                                                                                                                                                                                          | 90,495     |           |                                                                            | 90,495                        |             |                                                                            |           | 4,299,000   | 358,486,140                                                         | 2,855,245       | 2,855,245   | 2,642,679   | 2,359,145   | 1,965,143   | 1,649,201   | 4.29361 |   |
|   |                        | 0                 |                                                                                                                                                                                                                          | 0          |           |                                                                            | 0                             |             |                                                                            |           | 0           | 358,486,140                                                         | 0               | 0           | 0           | 0           | 0           | 0           | 4.29361 |   |
|   |                        | 0                 |                                                                                                                                                                                                                          | 0          |           |                                                                            | 0                             |             |                                                                            |           | 0           | 358,486,140                                                         | 0               | 0           | 0           | 0           | 0           | 0           | 4.29361 |   |
|   |                        | 0                 |                                                                                                                                                                                                                          | 0          |           |                                                                            | 0                             |             |                                                                            |           | 0           | 358,486,140                                                         | 0               | 0           | 0           | 0           | 0           | 0           | 4.29361 |   |
|   |                        | 0                 |                                                                                                                                                                                                                          | 0          |           |                                                                            | 0                             |             |                                                                            |           | 0           | 358,486,140                                                         | 0               | 0           | 0           | 0           | 0           | 0           | 4.29361 |   |
|   |                        | 0                 |                                                                                                                                                                                                                          | 0          |           |                                                                            | 0                             |             |                                                                            |           | 0           | 358,486,140                                                         | 0               | 0           | 0           | 0           | 0           | 0           | 4.29361 |   |
|   |                        | 0                 |                                                                                                                                                                                                                          | 0          |           |                                                                            | 0                             |             |                                                                            |           | 0           | 358,486,140                                                         | 0               | 0           | 0           | 0           | 0           | 0           | 4.29361 |   |
|   |                        | 0                 |                                                                                                                                                                                                                          | 0          |           |                                                                            | 0                             |             |                                                                            |           | 0           | 358,486,140                                                         | 0               | 0           | 0           | 0           | 0           | 0           | 4.29361 |   |
|   |                        |              |                                                                                                                                                                                                                          |       |           |                                                                            |                          |             |                                                                            |           |        |                                                                |            | 0           |        |        |        |        | 1 |   |
|   |                        | SubTotal          | 0                                                                                                                                                                                                                             | 7,318,597  | 0              | 0                                                                               | 7,318,597                     |             |                                                                            |           | 358,486,140 |                                                                | 238,093,930     |        |        |        |        |        | 1 |   |
|   |                        |              |                                                                                                                                                                                                                          | 0          |           |                                                                            | 0                             |             |                                                                            |           | 0           | 358,486,140                                                         | 0               |        |        |        |        |        | 1 |   |
|   |                        | Total      Future | 0                                                                                                                                                                                                                             | 7,318,597  | 0              | 0                                                                               | 7,318,597                     |             |                                                                            |           | 358,486,140 |                                                                | 238,093,930     |        |        |        |        |        | 4.29361 |   |
|   |                        |              |                                                                                                                                                                                                                          |       |           |                                                                            |                          |             |                                                                            |           |        |                                                                |            |        |        |        |        |        | 1 |   |
|   |                        |              |                                                                                                                                                                                                                          |       |           |                                                                            |                          |             |                                                                            |           |        |                                                                |            |        |        |        |        |        | 1 |   |
|   |                        |              |                                                                                                                                                                                                                          |       |           |                                                                            |                          |             |                                                                            |           |        |                                                                |            |        |        |        |        |        | 21 |   |
|   |                        |              |                                                                                                                                                                                                                          |       |           |                                                                            |                          |             |                                                                            |           |        |                                                                |            |        |        |        |        |        | 22 |   |
|   |                        |              |                                                                                                                                                                                                                          |       |           |                                                                            |                          |             |                                                                            |           |        |                                                                |            |        |        |        |        |        | 23 |   |
|   |                        |              |                                                                                                                                                                                                                          |       |           |                                                                            |                          |             |                                                                            |           |        |                                                                |            |        |        |        |        |        | 24 |   |
|   |                        |              |                                                                                                                                                                                                                          |       |           |                                                                            |                          |             |                                                                            |           |        |                                                                |            |        |        |        |        |        | 25 |   |
|   |                        |              |                                                                                                                                                                                                                          |       |           |                                                                            |                          |             |                                                                            |           |        |                                                                |            |        |        |        |        |        | 26 |   |
|   |                        |              |                                                                                                                                                                                                                          |       |           |                                                                            |                          |             |                                                                            |           |        |                                                                |            |        |        |        |        |        | 27 |   |
|   |                        |              |                                                                                                                                                                                                                          |       |           |                                                                            |                          |             |                                                                            |           |        |                                                                |            |        |        |        |        |        | 28 |   |
|   |                        |              |                                                                                                                                                                                                                          |       |           |                                                                            |                          |             |                                                                            |           |        |                                                                |            |        |        |        |        |        | 29 |   |
|   |                        |              |                                                                                                                                                                                                                          |       |           |                                                                            |                          |             |                                                                            |           |        |                                                                |            | 238,093,930 | 220,368,429 | 196,724,983 | 163,869,821 | 137,524,023 |   |   |
|   |                        |              |                                                                                                                                                                                                                          |       |           |                                                                            |                          |             |                                                                            |           |        |                                                                |            | 0           | 0           | 0           | 0           | 0           |   |   |
|   |                        |              |                                                                                                                                                                                                                          |       |           |                                                                            |                          |             |                                                                            |           |        |                                                                |            | 238,093,930 | 220,368,429 | 196,724,983 | 163,869,821 | 137,524,023 |   |   |
|   |                        |              |                                                                                                                                                                                                                          |       |           |                                                                            |                          |             |                                                                            |           |        |                                                                |            |        |        |        |        |        |   |   |

----

|   | Blue      Ridge Enterprises |              |                                                                                                                                                                                                                          |       | Bend      Arch |                                                   |                          |             |                                                                            |           |                                              |                                                                |            |        |        |        |        |        |
|--------|-----------------------------|-------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|------------|----------------|--------------------------------------------------------|-------------------------------|------------------|---------------------------------------------------------------------------------|----------------|---------------------------------------------------|---------------------------------------------------------------------|-----------------|-------------|-------------|-------------|-------------|-------------|
|   | Oil      Field Services     |              |                                                                                                                                                                                                                          |       |           | Estimated      Future Reserves  & Income |                          |             |                                                                            |           |                                              |                                                                |            |        |        |        |        |
|   |                        |              |                                                                                                                                                                                                                          |       |           |                                                   | As      of January 1, 2008    |             |                                                                            |           |      Discounted      FNI |                                                                |            |        |        |        |        |        |
|   |                        |              |                                                                                                                                                                                                                          |       |           |                                                   |                          |             |                                                                            |           |                                              |                                                                |            |        |        |        |        |        |   |   |
|   |                        |              |                                                                                                                                                                                                                          |       |           |                                                   |                          |             |                                                                            |           |                                              | 10%                                                                 | 435,755,060     |        |        |        |        |        |   |   |
|   |                        |              |                                                                                                                                                                                                                          |       |           |                                                   |                          |             |                                                                            |           |                                              | 12%                                                                 | 427,973,720     |        |        |        |        |        |   |   |
|   |                        |              |                                                                                                                                                                                                                          |       |           |                                                   |                          |             |                                                                            |           |                                              | 15%                                                                 | 416,809,188     |        |        |        |        |        |   |   |
|   |                        |              |                                                                                                                                                                                                                          |       |           |                                                   |                          |             |                                                                            |           |                                              | 20%                                                                 | 399,442,138     |        |        |        |        |        |   |   |
|   |                        |              |                                                                                                                                                                                                                          |       |           |                                                   |                          |             |                                                                            |           |                                              | 25%                                                                 | 383,464,453     |        |        |        |        |        |   |   |
|   |                        |              |                                                                                                                                                                                                                          |       |           |                                                   |                          |             |                                                                            |           |                                              |                                                                |            |        |        |        |        |        |   |   |
|   |                        |              |                                                                                                                                                                                                                          | Proved     |           |                                                   |                          | Net      Revenue |                                                                            |           |                                              |                                                                |            |        |        |        |        |        |   |
|   |                        |              |                                                                                                                                                                                                                          | Producing  |           |                                                   |                          | NRI              |                                                                            |           |                                              |         Average      Annual |            |        |        |        |        |        |   |
|   |                        |              |                                                                                                                                                                                                                          | Oil/Cond   | Gas            |                                                   |                          | Fractional       | Oil/Cond                                                                        | Gas            |                                              |       Product      Prices             |            |        |        |        |        |        |   |
|   |                        | Field             |                                                                                                                                                                                                                          | BBL        | Mcf            |                                                   |                          | Interest         | Bbl                                                                             | Mcf            |                                              | $/Bbl                                                               | $/Mcf           |        |        |        |        |        |   |   |
|   |                        |              |                                                                                                                                                                                                                          |       |           |                                                   |                          |             |                                                                            |           |                                              | 0                                                                   | 0               |        | 2022        | 0           | 0           | 100         | 5.25 |   |
|   |                        | KIRK              |                                                                                                                                                                                                                          | 1762288    | 1001069        |                                                   |                          | 0.75             | 1,321,716                                                                       | 750,802        |                                              | 97                                                                  | 7.19            |        | 2023        | 0           | 0           | 100         | 5.25 |   |
|   |                        | ROYSTON           |                                                                                                                                                                                                                          | 57,953     |           |                                                   |                          | 0.75             | 43,465                                                                          | 0              |                                              | 97                                                                  | 7.19            |        | 2024        | 0           | 0           | 100         | 5.25 |   |
|   |                        | MARBLE      FALLS | 20,820                                                                                                                                                                                                                        | 82,972     |           |                                                   | 0.75                          | 15,615           | 62,229                                                                          |           | 97                                                | 7.19                                                                |            | 2025        | 0           | 0           | 100         | 5.25        |   |
|   |                        | STRAWN            |                                                                                                                                                                                                                          |       | 121,883        |                                                   |                          | 0.75             | 0                                                                               | 91,412         |                                              | 97                                                                  | 7.19            |        | 2026        | 0           | 0           | 100         | 5.25 |   |
|   |                        | TAYLOR_INA        | 5,068,878                                                                                                                                                                                                                     | 4,213      |           |                                                   | 0.75                          | 3,801,659        | 3,160                                                                           |           | 97                                                | 7.19                                                                |            | 2027        | 0           | 0           | 100         | 5.25        |   |
|   |                        | BARNETT           |                                                                                                                                                                                                                          | 24,254     | 364,693        |                                                   |                          | 0.75             | 18,191                                                                          | 273,520        |                                              | 97                                                                  | 7.19            |        | 2028        | 0           | 0           | 100         | 5.25 |   |
|   |                        | BRAZOS            |                                                                                                                                                                                                                          |       |           |                                                   |                          | 0.5              | 0                                                                               | 0              |                                              |                                                                |            |        | 2029        | 0           | 0           | 100         | 5.25 |   |
|   |                        |              |                                                                                                                                                                                                                          |       |           |                                                   |                          |             | 0                                                                               | 0              |                                              |                                                                |            |        | 2030        | 0           | 0           | 100         | 5.25 |   |
|   |                        |              |                                                                                                                                                                                                                          |       |           |                                                   |                          |             | 0                                                                               | 0              |                                              |                                                                |            |        | 2031        | 0           | 0           | 100         | 5.25 |   |
|   |                        |              |                                                                                                                                                                                                                          |       |           |                                                   |                          |             | 0                                                                               | 0              |                                              |                                                                |            |        | 2032        | 0           | 0           | 100         | 5.25 |   |
|   |                        |              |                                                                                                                                                                                                                          |       |           |                                                   |                          |             | 0                                                                               | 0              |                                              |                                                                |            |        | 2033        | 0           | 0           | 100         | 5.25 |   |
|   |                        |              |                                                                                                                                                                                                                          |       |           |                                                   |                          |             | 0                                                                               | 0              |                                              |                                                                |            |        | 2034        | 0           | 0           | 100         | 5.25 |   |
|   |                        |              |                                                                                                                                                                                                                          |       |           |                                                   |                          |             | 0                                                                               | 0              |                                              |                                                                |            |        | 2035        | 0           | 0           | 100         | 5.25 |   |
|   |                        |              |                                                                                                                                                                                                                          |       |           |                                                   |                          |             | 0                                                                               | 0              |                                              |                                                                |            |        | 2036        | 0           | 0           | 100         | 5.25 |   |
|   |                        |              |                                                                                                                                                                                                                          |       |           |                                                   |                          |             |                                                                            |           |                                              |                                                                |            |        |        |        |        |        |   |   |
|   |                        | SubTotal          |                                                                                                                                                                                                                          | 6,934,193  | 1,574,830      |                                                   |                          |             | 5,200,645                                                                       | 1,181,123      |                                              |                                                                |            |        |        | 0           | 0           |        |   |   |
|   |                        |              |                                                                                                                                                                                                                          | 0          | 0              |                                                   |                          |             | 0                                                                               | 0              |                                              |                                                                |            |        |        |        |        |        |   |   |
|   |                        | Total      Future | 6,934,193                                                                                                                                                                                                                     | 1,574,830  |           |                                                   |                          | 5,200,645        | 1,181,123                                                                       |           |                                              |                                                                |            |        | 0           | 0           |        |        |   |
|   |                        |              |                                                                                                                                                                                                                          |       |           |                                                   |                          |             |                                                                            |           |                                              |                                                                |            |        |        |        |        |        |   |   |
|   |                        |              |                                                                                                                                                                                                                          |       |           |                                                   |                          |             |                                                                            |           |                                              |                                                                |            |        |        |        |        |        |   |   |
|   |                        |              |                                                                                                                                                                                                                          |       |           |                                                   |                          |             |                                                                            |           |                                              |                                                                |            |        |        |        |        |        |   |   |
|   |                        |              |                                                                                                                                                                                                                          |       |           |                                                   |                          |             |                                                                            |           |                                              |                                                                |            |        |        |        |        |        |   |   |
|   |                        |              | Future      Gross Revenue (FGR), $                                                                                                                                                                                            |       |           |                                                   | Less      Production Taxes, $ |             |                                                                            | Total          |                                              |                                                                |            |        |        |        |        |
|   |                        |              | From                                                                                                                                                                                                                          | From       | Other          | Total                                                  |                          |             | From                                                                            | From           |                                              |                                                                | Future      Net |        |        |        |        |        |   |   |
|   |                        | Field             | Oil                                                                                                                                                                                                                           | Gas        | Revenue        | FGR                                                    |                          |             | Oil/Cond                                                                        | Gas      Sales |                                              |                                                                | Revenue,      $ |        |        |        |        |        |   |   |
|   |                        |              | 0                                                                                                                                                                                                                             | 0          | 0              | 0                                                      |                          |             | 0                                                                               | 0              |                                              |                                                                | 0               |        |        |        |        |        |   |   |
|   |                        | KIRK              | 128,206,452                                                                                                                                                                                                                   | 5,398,265  |           | 133,604,717                                            |                          |             | 5,897,497                                                                       | 404,870        |                                              |                                                                | 127,302,350     |        |        |        |        |        |   |   |
|   |                        | ROYSTON           | 4,216,081                                                                                                                                                                                                                     | 0          |           | 4,216,081                                              |                          |             | 193,940                                                                         | 0              |                                              |                                                                | 4,022,141       |        |        |        |        |        |   |   |
|   |                        | MARBLE      FALLS | 1,514,655                                                                                                                                                                                                                     | 447,427    |           | 1,962,082                                              |                          |             | 69,674                                                                          | 33,557         |                                              |                                                                | 1,858,850       |        |        |        |        |        |   |   |
|   |                        | STRAWN            | 0                                                                                                                                                                                                                             | 657,254    |           | 657,254                                                |                          |             | 0                                                                               | 49,294         |                                              |                                                                | 607,960         |        |        |        |        |        |   |   |
|   |                        | TAYLOR_INA        | 368,760,875                                                                                                                                                                                                                   | 22,719     |           | 368,783,593                                            |                          |             | 16,963,000                                                                      | 1,704          |                                              |                                                                | 351,818,889     |        |        |        |        |        |   |   |
|   |                        | BARNETT           | 1,764,479                                                                                                                                                                                                                     | 1,966,607  |           | 3,731,086                                              |                          |             | 81,166                                                                          | 147,496        |                                              |                                                                | 3,502,424       |        |        |        |        |        |   |   |
|   |                        | BRAZOS            | 0                                                                                                                                                                                                                             | 0          |           | 0                                                      |                          |             | 0                                                                               | 0              |                                              |                                                                | 0               |        |        |        |        |        |   |   |
|   |                        | 0                 | 0                                                                                                                                                                                                                             | 0          |           | 0                                                      |                          |             | 0                                                                               | 0              |                                              |                                                                | 0               |        |        |        |        |        |   |   |
|   |                        | 0                 | 0                                                                                                                                                                                                                             | 0          |           | 0                                                      |                          |             | 0                                                                               | 0              |                                              |                                                                | 0               |        |        |        |        |        |   |   |
|   |                        | 0                 | 0                                                                                                                                                                                                                             | 0          |           | 0                                                      |                          |             | 0                                                                               | 0              |                                              |                                                                | 0               |        |        |        |        |        |   |   |
|   |                        | 0                 | 0                                                                                                                                                                                                                             | 0          |           | 0                                                      |                          |             | 0                                                                               | 0              |                                              |                                                                | 0               |        |        |        |        |        |   |   |
|   |                        | 0                 | 0                                                                                                                                                                                                                             | 0          |           | 0                                                      |                          |             | 0                                                                               | 0              |                                              |                                                                | 0               |        |        |        |        |        |   |   |
|   |                        | 0                 | 0                                                                                                                                                                                                                             | 0          |           | 0                                                      |                          |             | 0                                                                               | 0              |                                              |                                                                | 0               |        |        |        |        |        |   |   |
|   |                        | 0                 | 0                                                                                                                                                                                                                             | 0          |           | 0                                                      |                          |             | 0                                                                               | 0              |                                              |                                                                | 0               |        |        |        |        |        |   |   |
|   |                        |              |                                                                                                                                                                                                                          |       |           |                                                   |                          |             |                                                                            |           |                                              |                                                                |            |        |        |        |        |        |   |   |
|   |                        | SubTotal          | 504,462,541                                                                                                                                                                                                                   | 8,492,271  |           | 512,954,812                                            |                          |             | 23,205,277                                                                      | 636,920        |                                              |                                                                | 489,112,614     |        |        |        |        |        |   |   |
|   |                        |              |                                                                                                                                                                                                                          |       |           |                                                   |                          |             | 0                                                                               | 0              |                                              |                                                                | 0               |        |        |        |        |        |   |   |
|   |                        | Total      Future | 504,462,541                                                                                                                                                                                                                   | 8,492,271  |           | 512,954,812                                            |                          |             | 23,205,277                                                                      | 636,920        |                                              |                                                                | 489,112,614     |        |        |        |        |        |   |   |
|   |                        |              |                                                                                                                                                                                                                          |       |           |                                                   |                          |             |                                                                            |           |                                              |                                                                |            |        |        |        |        |        |   |   |
|   |                        |              |                                                                                                                                                                                                                          |       |           |                                                   |                          |             |                                                                            |           |                                              |                                                                |            |        |        |        |        |        |   |   |
|   |                        |              |                                  Deductions  $ |       |           |                                                   |                          |             |         Future      Net Income (FNI), $ |           |                                              |                                                                |            |        |        |        |
|   |                        |              | Operating                                                                                                                                                                                                                     | Additional | Development    | Other                                                  | Total                         |             |                                                                            |           |                                              |                                                                | Discounted      | Discounted  | Discounted  | Discounted  | Discounted  | Discounted  |   |   |
|   |                        | Field             | Costs                                                                                                                                                                                                                         | Taxes      | Costs          | Costs                                                  | Deductions                    |             |                                                                            |           |                                              | Cumulative                                                          | 10%             | 10%         | 12%         | 15%         | 20%         | 25%         |   |   |
|   |                        |              |                                                                                                                                                                                                                          |       |           |                                                   |                          |             |                                                                            |           |                                              |                                                                |            |        |        |        |        |        |   |   |
|   |                        | KIRK              |                                                                                                                                                                                                                          | 2,547,842  |           |                                                   | 2,547,842                     |             |                                                                            |           | 124,754,508                                       | 124,754,508                                                         | 113,413,189     | 113,413,189 | 111,387,954 | 108,482,181 | 103,962,090 | 99,803,606  | 1 |   |
|   |                        | ROYSTON           |                                                                                                                                                                                                                          | 80,401     |           |                                                   | 80,401                        |             |                                                                            |           | 3,941,740                                         | 128,696,248                                                         | 3,583,400       | 3,583,400   | 3,519,411   | 3,427,600   | 3,284,784   | 3,153,392   | 1 |   |
|   |                        | MARBLE      FALLS | 37,417                                                                                                                                                                                                                        |       |           | 37,417                                                 |                          |             |                                                                            | 1,821,433      | 130,517,682                                       | 1,655,849                                                           | 1,655,849       | 1,626,280   | 1,583,855   | 1,517,861   | 1,457,147   | 1           |   |
|   |                        | STRAWN            |                                                                                                                                                                                                                          | 12,534     |           |                                                   | 12,534                        |             |                                                                            |           | 595,426                                           | 131,113,108                                                         | 541,297         | 541,297     | 531,631     | 517,762     | 496,188     | 476,341     | 1 |   |
|   |                        | TAYLOR_INA        | 7,032,703                                                                                                                                                                                                                     |       |           | 7,032,703                                              |                          |             |                                                                            | 344,786,186    | 475,899,294                                       | 313,441,987                                                         | 313,441,987     | 307,844,809 | 299,814,075 | 287,321,822 | 275,828,949 | 1           |   |
|   |                        | BARNETT           |                                                                                                                                                                                                                          | 71,152     |           |                                                   | 71,152                        |             |                                                                            |           | 3,431,272                                         | 479,330,566                                                         | 3,119,338       | 3,119,338   | 3,063,636   | 2,983,715   | 2,859,393   | 2,745,018   | 1 |   |
|   |                        | BRAZOS            |                                                                                                                                                                                                                          | 0          |           |                                                   | 0                             |             |                                                                            |           |                                              | 479,330,566                                                         | 0               | 0           | 0           | 0           | 0           | 0           | 1 |   |
|   |                        | 0                 |                                                                                                                                                                                                                          | 0          |           |                                                   | 0                             |             |                                                                            |           | 0                                                 | 479,330,566                                                         | 0               | 0           | 0           | 0           | 0           | 0           | 1 |   |
|   |                        | 0                 |                                                                                                                                                                                                                          | 0          |           |                                                   | 0                             |             |                                                                            |           | 0                                                 | 479,330,566                                                         | 0               | 0           | 0           | 0           | 0           | 0           | 1 |   |
|   |                        | 0                 |                                                                                                                                                                                                                          | 0          |           |                                                   | 0                             |             |                                                                            |           | 0                                                 | 479,330,566                                                         | 0               | 0           | 0           | 0           | 0           | 0           | 1 |   |
|   |                        | 0                 |                                                                                                                                                                                                                          | 0          |           |                                                   | 0                             |             |                                                                            |           | 0                                                 | 479,330,566                                                         | 0               | 0           | 0           | 0           | 0           | 0           | 1 |   |
|   |                        | 0                 |                                                                                                                                                                                                                          | 0          |           |                                                   | 0                             |             |                                                                            |           | 0                                                 | 479,330,566                                                         | 0               | 0           | 0           | 0           | 0           | 0           | 1 |   |
|   |                        | 0                 |                                                                                                                                                                                                                          | 0          |           |                                                   | 0                             |             |                                                                            |           | 0                                                 | 479,330,566                                                         | 0               | 0           | 0           | 0           | 0           | 0           | 1 |   |
|   |                        | 0                 |                                                                                                                                                                                                                          | 0          |           |                                                   | 0                             |             |                                                                            |           | 0                                                 | 479,330,566                                                         | 0               | 0           | 0           | 0           | 0           | 0           | 1 |   |
|   |                        |              |                                                                                                                                                                                                                          |       |           |                                                   |                          |             |                                                                            |           |                                              |                                                                |            | 0           |        |        |        |        | 1 |   |
|   |                        | SubTotal          | 0                                                                                                                                                                                                                             | 9,782,048  | 0              | 0                                                      | 9,782,048                     |             |                                                                            |           | 479,330,566                                       |                                                                | 435,755,060     |        |        |        |        |        | 1 |   |
|   |                        |              |                                                                                                                                                                                                                          | 0          |           |                                                   | 0                             |             |                                                                            |           | 0                                                 | 479,330,566                                                         | 0               |        |        |        |        |        | 1 |   |
|   |                        | Total      Future | 0                                                                                                                                                                                                                             | 9,782,048  | 0              | 0                                                      | 9,782,048                     |             |                                                                            |           | 479,330,566                                       |                                                                | 435,755,060     |        |        |        |        |        | 1 |   |
|   |                        |              |                                                                                                                                                                                                                          |       |           |                                                   |                          |             |                                                                            |           |                                              |                                                                |            |        |        |        |        |        | 1 |   |
|   |                        |              |                                                                                                                                                                                                                          |       |           |                                                   |                          |             |                                                                            |           |                                              |                                                                |            |        |        |        |        |        | 1 |   |
|   |                        |              |                                                                                                                                                                                                                          |       |           |                                                   |                          |             |                                                                            |           |                                              |                                                                |            |        |        |        |        |        | 21 |   |
|   |                        |              |                                                                                                                                                                                                                          |       |           |                                                   |                          |             |                                                                            |           |                                              |                                                                |            |        |        |        |        |        | 22 |   |
|   |                        |              |                                                                                                                                                                                                                          |       |           |                                                   |                          |             |                                                                            |           |                                              |                                                                |            |        |        |        |        |        | 23 |   |
|   |                        |              |                                                                                                                                                                                                                          |       |           |                                                   |                          |             |                                                                            |           |                                              |                                                                |            |        |        |        |        |        | 24 |   |
|   |                        |              |                                                                                                                                                                                                                          |       |           |                                                   |                          |             |                                                                            |           |                                              |                                                                |            |        |        |        |        |        | 25 |   |
|   |                        |              |                                                                                                                                                                                                                          |       |           |                                                   |                          |             |                                                                            |           |                                              |                                                                |            |        |        |        |        |        | 26 |   |
|   |                        |              |                                                                                                                                                                                                                          |       |           |                                                   |                          |             |                                                                            |           |                                              |                                                                |            |        |        |        |        |        | 27 |   |
|   |                        |              |                                                                                                                                                                                                                          |       |           |                                                   |                          |             |                                                                            |           |                                              |                                                                |            |        |        |        |        |        | 28 |   |
|   |                        |              |                                                                                                                                                                                                                          |       |           |                                                   |                          |             |                                                                            |           |                                              |                                                                |            |        |        |        |        |        | 29 |   |
|   |                        |              |                                                                                                                                                                                                                          |       |           |                                                   |                          |             |                                                                            |           |                                              |                                                                |            | 435,755,060 | 427,973,720 | 416,809,188 | 399,442,138 | 383,464,453 |   |   |
|   |                        |              |                                                                                                                                                                                                                          |       |           |                                                   |                          |             |                                                                            |           |                                              |                                                                |            | 0           | 0           | 0           | 0           | 0           |   |   |
|   |                        |              |                                                                                                                                                                                                                          |       |           |                                                   |                          |             |                                                                            |           |                                              |                                                                |            | 435,755,060 | 427,973,720 | 416,809,188 | 399,442,138 | 383,464,453 |   |   |

----