BRYANTM.MOOK,B.S.,M.E.

PETROLEUMENGINEER ANDGEOLOGIST

12926KINGCIRCLE

CYPRESS,TEXAS77429-2936

TELE:+1(713)623-1158MOBILE:+1(281)253-2464

NEWYORK,NYTEL:+1(212)518-7752

LONDON, UKTEL: +44 (0) 20 7993 8268

[ex991001.jpg]



March 31, 2015

Daniel Dror

Brenham Oil & Gas Corporation

601 Cien Road

Kemah, TX 77565

Re: Brenham Oil and Gas

Year End Reserve report

Harris and Galveston Counties Texas

As of December 31, 2014

Bryant  M.  Mook  Petroleum  Engineering  and  Geological  Advisor  (Mook)  has  performed  an

engineeringevaluationtoestimateoilandgasreservesandfuturenetrevenuefromoilandgas

propertiestothesubjectinterests.ThisevaluationwasrequestedbyMr.DanielDrorasan

officer of both the operator, Brenham Oil and Gas, (Brenham).

Projectionsofthereservesandthefuturenetrevenuetotheevaluatedinterestsarebasedon

economicparametersandoperatingconditionsconsideredapplicableasofDecember31,2014

andarepursuanttothefinancialreportingrequirementsoftheSecuritiesandExchange

Commission(SEC).Thisevaluation,incombinationwithotherdocumentsanddataisbeing

used by Brenham for financial purposes.Following is a summary of the results of the evaluation

effective December 31, 2014:



NetReservesto      Proved

Proved

Proved

Total

Total

Total

Risked

Grand



theEvaluated

Developed     Developed      UndevelopedProved      Probable    PossibleVolumetric      total



Interests:

Producing

Non‐

(PUD)

Possible



(PDP)

Producing

100%WI

(PDNP)























































Oil/Condensate

8.9

9.1

0.0

0.0

23.6

5.8

414.4

461.8

(MBO)























































Gas(MMCF)

0.0

0.0

0.0

0.0

0.0

0.0

2,293.7

2,293.7





















































FutureNet

Revenue,M$























































Undiscounted

$614.3

$685.6

$0.0

$0.0

$1,869.1     $446.4

$49,068.3

$52,683.7























































Discounted,NPV     $254.7

$299.2

$0.0

$0.0

$486.8

$128.9

n/a

$1,169.6

10%

Page 1 of 2



It has been a pleasure to serve Brenham by preparing this engineering evaluation.  I will retain all

related data and ancillary information in my files and will be available for review at your

convenience.

Yours truly,

[ex991003.gif]

Attachments

Page 2 of 2







Brenham PJ 10% WI PDNP_2014

DATE: 03-22-2015



* D a t a  R e p o r t *

TIME: 13:49:46

DB: BOMCO_3-2-2015.MDB

ID: TXO03 011660



Lease ID:

011660

Major Phase:     OIL

API #:4220131191

Status:

PDNP



Lease Name:

FROST, JULIA



Well Name:

2



Field Name:

PIERCE JUNCTION

Formation Name:



Operator:

BOMCO USA, INC.



Title 1:

KINDER MORGAN TEXAS PIPELINE, LP



Title 2:

TEPPCO CRUDE OIL, L.P.

Export Code 1:

Export Code 2:

Export Code 3:



County:

HARRIS

ST:TX



Project Start Date:1/2015

Ending Month:

12

Disc. Rate %

10



Reserves Factor:100

Cash Flow Factor:100

Gas Shrink%

0

Gas Shrink (MCF/M)

0



Oil Prod Tax

Gas Prod Tax

Plant Prod Tax

Ad Valorem Tax



Initial %

4.6

7.5

.0

3.0



Months

360

360

360



Final %

.0

.0

.0



$/BBL or $/MCF

.00

.00

.00



Initial Oil Price Adj.:

0.00 $/BBL

Max Price:     120.00 $/BBLPlant Price:

.00 % Oil Price



Oil Price:

94.99 $/BBL

Esc%    0.0

Esc$     0.00

Months

360



Oil Price:

0.00 $/BBL

Esc%    0.0

Esc$     0.00

Months

360



Oil Price:

0.00 $/BBL

Esc%    0.0

Esc$     0.00

Months

360



Initial Gas Price Adj.:

0.00 $/MCF

Max Price:     12.00 $/MCFBTU

1000



Gas Price:     0.00 $/MCF

Esc%    0.0

Esc$     0.00

Months

360



Gas Price:     0.00 $/MCF

Esc%    0.0

Esc$     0.00

Months

360



Gas Price:     0.00 $/MCF

Esc%    0.0

Esc$     0.00

Months

360



Op Exp $/W/M:

0   Esc

0.0 %   For

30.00 Years

Esc

0.0 %

For

0.00 Years



Op Exp $/M:

800   Esc

0.0 %   For

30.00 Years

Months Delay    0



Op Exp $/BBL:

5.00   Esc

0.0 %   For

30.00 Years



Op Exp $/MCF:

0.00   Esc

0.0 %   For

30.00 Years



Op Exp $/B Wat:

0.00   Esc

0.0 %   For

30.00 Years



Mgmt Fee $/M:

0   Esc

0.0 %   % NLP    0.00



WI%

NRI% O

NRI% G

Mths

AMT



10.0000

7.5000

7.5000

480

0.00



100.0000

0.0000

0.0000

0

0.00



Investments - Gross     Lease Hold M$    0.000

Net Salvage M$     0.000



Escalation:

0.0 %

For

30.00 Years



Date

Tang M$

Intan M$

Risk %

Fed Tax Data



Rate %

34.00



Depr.

Decl. Bal



Depr.Life

7



Oil Units

Prod Start Date

GOR

No.Wells

Start ID



Monthly

2/ 2006

0.0

1



Type

N

Initial

Final

Decline

Time

Cum

Comments



HYP

1.0

1,100.0

190.1

12.400

431

173.924



0.0

0.0

0.0

0.000

0

0.000



0.0

0.0

0.0

0.000

0

0.000



Gas Units

Prod Start Date

YLD

No.Wells

Start ID

Plant Yld B/MM



Monthly

0.0

0

0.00



Type

N

Initial

Final

Decline

Time

Cum



0.0

0.0

0.0

0.000

0

0.000



0.0

0.0

0.0

0.000

0

0.000



0.0

0.0

0.0

0.000

0

0.000

Page 1







KINDER MORGAN TEXAS PIPELINE, LP

Brenham PJ 10% WI PDNP_2014

DATE: 03-22-2015



TEPPCO CRUDE OIL, L.P.

As of 1 / 2015

TIME: 13:49:47

DB: BOMCO_3-2-2015.MDB

ID: TXO03 011660



Date

No.

Gross Oil

Gross Gas

Net Oil

Net Gas

Oil

Gas

Wells

(Mbbl)

(MMcf)

(Mbbl)

(MMcf)

Price     PriceOil  Net.Rev    Gas Net.Rev

Other

$/Bbl     $/Mcf

(M$)

(M$)

Net.Rev

Total

(M$)

Net.Rev (M$)



12/2015

1.0

5.858

0.000

0.439

0.000     94.99

0.00

41.731

0.000

0.0

41.731



12/2016

1.0

5.531

0.000

0.415

0.000     94.99

0.00

39.401

0.000

0.0

39.401



12/2017

1.0

5.238

0.000

0.393

0.000     94.99

0.00

37.317

0.000

0.0

37.317



12/2018

1.0

4.975

0.000

0.373

0.000     94.99

0.00

35.443

0.000

0.0

35.443



12/2019

1.0

4.737

0.000

0.355

0.000     94.99

0.00

33.747

0.000

0.0

33.747



12/2020

1.0

4.521

0.000

0.339

0.000     94.99

0.00

32.207

0.000

0.0

32.207



12/2021

1.0

4.323

0.000

0.324

0.000     94.99

0.00

30.801

0.000

0.0

30.801



12/2022

1.0

4.143

0.000

0.311

0.000     94.99

0.00

29.512

0.000

0.0

29.512



12/2023

1.0

3.976

0.000

0.298

0.000     94.99

0.00

28.327

0.000

0.0

28.327



12/2024

1.0

3.823

0.000

0.287

0.000     94.99

0.00

27.234

0.000

0.0

27.234



12/2025

1.0

3.681

0.000

0.276

0.000     94.99

0.00

26.222

0.000

0.0

26.222



12/2026

1.0

3.549

0.000

0.266

0.000     94.99

0.00

25.282

0.000

0.0

25.282



12/2027

1.0

3.426

0.000

0.257

0.000     94.99

0.00

24.407

0.000

0.0

24.407



12/2028

1.0

3.311

0.000

0.248

0.000     94.99

0.00

23.591

0.000

0.0

23.591



12/2029

1.0

3.204

0.000

0.240

0.000     94.99

0.00

22.827

0.000

0.0

22.827



12/2030

1.0

3.104

0.000

0.233

0.000     94.99

0.00

22.112

0.000

0.0

22.112



12/2031

1.0

3.009

0.000

0.226

0.000     94.99

0.00

21.440

0.000

0.0

21.440



12/2032

1.0

2.921

0.000

0.219

0.000     94.99

0.00

20.807

0.000

0.0

20.807



Rem.

23.008

0.000

1.726

0.000     94.99

0.00

163.917

0.000

0.0

163.917



Total

96.336

0.000

7.225

0.000     94.99

0.00

686.325

0.000

0.0

686.325



AdValorem     Operating

Total

Operational

Cumulative

10.0 Cum



& Prod Tax     Expenses

Expenses

Cash Flow

Tangible     IntangibleLeasehld

Cash Flow

Cash Flow

Disc. C.F.



Date

(M$)

(M$)

(M$)

(M$)

(M$)

(M$)

(M$)

(M$)

(M$)

(M$)



12/2015

3.114

3.889

7.003

34.728

0.00

0.00

0.00

34.728

34.728

33.009



12/2016

2.940

3.725

6.665

32.736

0.00

0.00

0.00

32.736

67.464

61.295



12/2017

2.785

3.579

6.364

30.953

0.00

0.00

0.00

30.953

98.417

85.608



12/2018

2.645

3.447

6.092

29.350

0.00

0.00

0.00

29.350

127.768

106.567



12/2019

2.518

3.328

5.847

27.901

0.00

0.00

0.00

27.901

155.669

124.678



12/2020

2.403

3.220

5.624

26.583

0.00

0.00

0.00

26.583

182.252

140.366



12/2021

2.298

3.122

5.420

25.381

0.00

0.00

0.00

25.381

207.633

153.982



12/2022

2.202

3.031

5.233

24.279

0.00

0.00

0.00

24.279

231.912

165.822



12/2023

2.114

2.948

5.062

23.266

0.00

0.00

0.00

23.266

255.177

176.137



12/2024

2.032

2.871

4.904

22.330

0.00

0.00

0.00

22.330

277.507

185.137



12/2025

1.957

2.800

4.757

21.465

0.00

0.00

0.00

21.465

298.972

193.002



12/2026

1.887

2.734

4.621

20.661

0.00

0.00

0.00

20.661

319.633

199.883



12/2027

1.821

2.673

4.494

19.913

0.00

0.00

0.00

19.913

339.546

205.913



12/2028

1.760

2.616

4.376

19.215

0.00

0.00

0.00

19.215

358.761

211.202



12/2029

1.703

2.562

4.265

18.562

0.00

0.00

0.00

18.562

377.323

215.847



12/2030

1.650

2.512

4.162

17.950

0.00

0.00

0.00

17.950

395.273

219.931



12/2031

1.600

2.465

4.065

17.375

0.00

0.00

0.00

17.375

412.648

223.524



12/2032

1.553

2.420

3.973

16.834

0.00

0.00

0.00

16.834

429.482

226.689



Rem.

12.231

20.144

32.376

131.541

0.00

0.00

0.00

131.541

131.541

16.099



Total

51.214

74.088

125.302

561.023

0.00

0.00

0.00

561.023

561.023

242.788



Profitability Indicators

Interests

(%)

Reversion

Oil

Gas

Present Worth Profile

Points(Yrs)

MBBLS

MMCF

(%)

(M$)



Payout (Yrs)

0.00

Initial W.I.

10.0000

Prior

63.0

4.5

5.0

345.869



Discounted Payout (Yrs)

0.00

Final W.I.

10.0000

Proj.

96.3

0.0

10.0

242.788



DCF Rate of Return (%)

100.00

Initial NRI Oil

7.5000

Ult.

159.3

4.5

15.0

186.237



Income/Investment

0.00

Final NRI Oil

7.5000

20.0

151.593



Disc Income/Disc Inv.

0.00

Initial NRI Gas

7.5000

25.0

128.476



Project Life (Yrs)

27.00

Final NRI Gas

7.5000

30.0

112.019



40.0

90.164



FROST, JULIA

HARRIS

50.0

76.281



2

TX

60.0

66.655



PIERCE JUNCTION

BOMCO USA, INC.

80.0

54.126



100.0

46.287

Page 2







Brenham PJ 10% WI PDNP_2014

DATE: 03-22-2015



* D a t a  R e p o r t *

TIME: 13:49:47

DB: BOMCO_3-2-2015.MDB

ID: TXO03 019558



Lease ID:

019558

Major Phase:     OIL

API #:4220104845

Status:

PDNP



Lease Name:

O.W. FORDYCE



Well Name:

3



Field Name:

PIERCE JUNCTION

Formation Name:



Operator:

BOMCO USA, INC.



Title 1:

KINDER MORGAN TEXAS PIPELINE, LP



Title 2:

TEPPCO CRUDE OIL, L.P.

Export Code 1:

Export Code 2:

Export Code 3:



County:

HARRIS

ST:TX



Project Start Date:1/2015

Ending Month:

12

Disc. Rate %

10



Reserves Factor:100

Cash Flow Factor:100

Gas Shrink%

0

Gas Shrink (MCF/M)

0



Oil Prod Tax

Gas Prod Tax

Plant Prod Tax

Ad Valorem Tax



Initial %

4.6

7.5

.0

3.0



Months

360

360

360



Final %

.0

.0

.0



$/BBL or $/MCF

.00

.00

.00



Initial Oil Price Adj.:

0.00 $/BBL

Max Price:     120.00 $/BBLPlant Price:

.00 % Oil Price



Oil Price:

94.99 $/BBL

Esc%    0.0

Esc$     0.00

Months

360



Oil Price:

0.00 $/BBL

Esc%    0.0

Esc$     0.00

Months

360



Oil Price:

0.00 $/BBL

Esc%    0.0

Esc$     0.00

Months

360



Initial Gas Price Adj.:

0.00 $/MCF

Max Price:     12.00 $/MCFBTU

1000



Gas Price:     0.00 $/MCF

Esc%    0.0

Esc$     0.00

Months

360



Gas Price:     0.00 $/MCF

Esc%    0.0

Esc$     0.00

Months

360



Gas Price:     0.00 $/MCF

Esc%    0.0

Esc$     0.00

Months

360



Op Exp $/W/M:

0   Esc

0.0 %   For

30.00 Years

Esc

0.0 %

For

0.00 Years



Op Exp $/M:

800   Esc

0.0 %   For

30.00 Years

Months Delay    0



Op Exp $/BBL:

5.00   Esc

0.0 %   For

30.00 Years



Op Exp $/MCF:

0.00   Esc

0.0 %   For

30.00 Years



Op Exp $/B Wat:

0.00   Esc

0.0 %   For

30.00 Years



Mgmt Fee $/M:

0   Esc

0.0 %   % NLP    0.00



WI%

NRI% O

NRI% G

Mths

AMT



10.0000

7.5000

7.5000

480

0.00



100.0000

0.0000

0.0000

0

0.00



Investments - Gross     Lease Hold M$    0.000

Net Salvage M$     0.000



Escalation:

0.0 %

For

30.00 Years



Date

Tang M$

Intan M$

Risk %

Fed Tax Data



Rate %

34.00



Depr.

Decl. Bal



Depr.Life

7



Oil Units

Prod Start Date

GOR

No.Wells

Start ID



Monthly

1/ 2008

0.0

1



Type

N

Initial

Final

Decline

Time

Cum

Comments



HYP

1.3

748.0

45.2

54.500

420

48.069



0.0

0.0

0.0

0.000

0

0.000



0.0

0.0

0.0

0.000

0

0.000



Gas Units

Prod Start Date

YLD

No.Wells

Start ID

Plant Yld B/MM



Monthly

0.0

0

0.00



Type

N

Initial

Final

Decline

Time

Cum



0.0

0.0

0.0

0.000

0

0.000



0.0

0.0

0.0

0.000

0

0.000



0.0

0.0

0.0

0.000

0

0.000

Page 3







KINDER MORGAN TEXAS PIPELINE, LP

Brenham PJ 10% WI PDNP_2014

DATE: 03-22-2015



TEPPCO CRUDE OIL, L.P.

As of 1 / 2015

TIME: 13:49:47

DB: BOMCO_3-2-2015.MDB

ID: TXO03 019558



Date

No.

Gross Oil

Gross Gas

Net Oil

Net Gas

Oil

Gas

Wells

(Mbbl)

(MMcf)

(Mbbl)

(MMcf)

Price     PriceOil  Net.Rev    Gas Net.Rev

Other

$/Bbl     $/Mcf

(M$)

(M$)

Net.Rev

Total

(M$)

Net.Rev (M$)



12/2015

1.0

1.655

0.000

0.124

0.000     94.99

0.00

11.791

0.000

0.0

11.791



12/2016

1.0

1.518

0.000

0.114

0.000     94.99

0.00

10.816

0.000

0.0

10.816



12/2017

1.0

1.405

0.000

0.105

0.000     94.99

0.00

10.009

0.000

0.0

10.009



12/2018

1.0

1.309

0.000

0.098

0.000     94.99

0.00

9.327

0.000

0.0

9.327



12/2019

1.0

1.227

0.000

0.092

0.000     94.99

0.00

8.744

0.000

0.0

8.744



12/2020

1.0

1.156

0.000

0.087

0.000     94.99

0.00

8.239

0.000

0.0

8.239



12/2021

1.0

1.094

0.000

0.082

0.000     94.99

0.00

7.796

0.000

0.0

7.796



12/2022

1.0

1.039

0.000

0.078

0.000     94.99

0.00

7.404

0.000

0.0

7.404



12/2023

1.0

0.990

0.000

0.074

0.000     94.99

0.00

7.055

0.000

0.0

7.055



12/2024

1.0

0.946

0.000

0.071

0.000     94.99

0.00

6.741

0.000

0.0

6.741



12/2025

1.0

0.907

0.000

0.068

0.000     94.99

0.00

6.458

0.000

0.0

6.458



12/2026

1.0

0.870

0.000

0.065

0.000     94.99

0.00

6.201

0.000

0.0

6.201



12/2027

1.0

0.837

0.000

0.063

0.000     94.99

0.00

5.966

0.000

0.0

5.966



12/2028

1.0

0.807

0.000

0.061

0.000     94.99

0.00

5.751

0.000

0.0

5.751



12/2029

1.0

0.779

0.000

0.058

0.000     94.99

0.00

5.553

0.000

0.0

5.553



12/2030

1.0

0.754

0.000

0.057

0.000     94.99

0.00

5.369

0.000

0.0

5.369



12/2031

1.0

0.730

0.000

0.055

0.000     94.99

0.00

5.199

0.000

0.0

5.199



12/2032

1.0

0.708

0.000

0.053

0.000     94.99

0.00

5.041

0.000

0.0

5.041



Rem.

6.123

0.000

0.459

0.000     94.99

0.00

43.623

0.000

0.0

43.623



Total

24.857

0.000

1.864

0.000     94.99

0.00

177.085

0.000

0.0

177.085



AdValorem     Operating

Total

Operational

Cumulative

10.0 Cum



& Prod Tax     Expenses

Expenses

Cash Flow

Tangible     IntangibleLeasehld

Cash Flow

Cash Flow

Disc. C.F.



Date

(M$)

(M$)

(M$)

(M$)

(M$)

(M$)

(M$)

(M$)

(M$)

(M$)



12/2015

0.880

1.788

2.667

9.124

0.00

0.00

0.00

9.124

9.124

8.675



12/2016

0.807

1.719

2.526

8.290

0.00

0.00

0.00

8.290

17.414

15.840



12/2017

0.747

1.662

2.409

7.599

0.00

0.00

0.00

7.599

25.013

21.811



12/2018

0.696

1.615

2.311

7.017

0.00

0.00

0.00

7.017

32.030

26.822



12/2019

0.653

1.574

2.226

6.518

0.00

0.00

0.00

6.518

38.548

31.054



12/2020

0.615

1.538

2.153

6.086

0.00

0.00

0.00

6.086

44.634

34.646



12/2021

0.582

1.507

2.089

5.707

0.00

0.00

0.00

5.707

50.341

37.708



12/2022

0.553

1.480

2.032

5.372

0.00

0.00

0.00

5.372

55.713

40.328



12/2023

0.526

1.455

1.982

5.073

0.00

0.00

0.00

5.073

60.787

42.578



12/2024

0.503

1.433

1.936

4.805

0.00

0.00

0.00

4.805

65.592

44.515



12/2025

0.482

1.413

1.895

4.563

0.00

0.00

0.00

4.563

70.155

46.187



12/2026

0.463

1.395

1.858

4.343

0.00

0.00

0.00

4.343

74.498

47.633



12/2027

0.445

1.379

1.824

4.142

0.00

0.00

0.00

4.142

78.640

48.888



12/2028

0.429

1.364

1.793

3.958

0.00

0.00

0.00

3.958

82.598

49.977



12/2029

0.414

1.350

1.764

3.788

0.00

0.00

0.00

3.788

86.387

50.925



12/2030

0.401

1.337

1.737

3.632

0.00

0.00

0.00

3.632

90.018

51.752



12/2031

0.388

1.325

1.713

3.487

0.00

0.00

0.00

3.487

93.505

52.473



12/2032

0.376

1.314

1.690

3.351

0.00

0.00

0.00

3.351

96.856

53.103



Rem.

3.255

12.662

15.917

27.706

0.00

0.00

0.00

27.706

27.706

3.285



Total

13.214

39.308

52.523

124.563

0.00

0.00

0.00

124.563

124.563

56.388



Profitability Indicators

Interests

(%)

Reversion

Oil

Gas

Present Worth Profile

Points(Yrs)

MBBLS

MMCF

(%)

(M$)



Payout (Yrs)

0.00

Initial W.I.

10.0000

Prior

48.5

0.2

5.0

78.564



Discounted Payout (Yrs)

0.00

Final W.I.

10.0000

Proj.

24.9

0.0

10.0

56.388



DCF Rate of Return (%)

100.00

Initial NRI Oil

7.5000

Ult.

73.4

0.2

15.0

44.058



Income/Investment

0.00

Final NRI Oil

7.5000

20.0

36.383



Disc Income/Disc Inv.

0.00

Initial NRI Gas

7.5000

25.0

31.183



Project Life (Yrs)

28.00

Final NRI Gas

7.5000

30.0

27.430



40.0

22.366



O.W. FORDYCE

HARRIS

50.0

19.093



3

TX

60.0

16.795



PIERCE JUNCTION

BOMCO USA, INC.

80.0

13.765



100.0

11.844

Page 4







Brenham PJ 10% WI PDNP_2014

DATE: 03-22-2015



As of 1 / 2015

TIME: 13:49:47



* S u m m a r y *

DB: BOMCO_3-2-2015.MDB

Sum Name: SUMFILE



Date

No.

Gross Oil

Gross Gas

Net Oil

Net Gas

Oil

Gas

Wells

(Mbbl)

(MMcf)

(Mbbl)

(MMcf)

Price     PriceOil  Net.Rev    Gas Net.Rev

Other

$/Bbl     $/Mcf

(M$)

(M$)

Net.Rev

Total

(M$)

Net.Rev (M$)



12/2015

2.0

7.513

0.000

0.563

0.000     94.99

0.00

53.523

0.000

0.0

53.523



12/2016

2.0

7.049

0.000

0.529

0.000     94.99

0.00

50.217

0.000

0.0

50.217



12/2017

2.0

6.643

0.000

0.498

0.000     94.99

0.00

47.326

0.000

0.0

47.326



12/2018

2.0

6.284

0.000

0.471

0.000     94.99

0.00

44.770

0.000

0.0

44.770



12/2019

2.0

5.964

0.000

0.447

0.000     94.99

0.00

42.492

0.000

0.0

42.492



12/2020

2.0

5.677

0.000

0.426

0.000     94.99

0.00

40.446

0.000

0.0

40.446



12/2021

2.0

5.418

0.000

0.406

0.000     94.99

0.00

38.597

0.000

0.0

38.597



12/2022

2.0

5.182

0.000

0.389

0.000     94.99

0.00

36.917

0.000

0.0

36.917



12/2023

2.0

4.966

0.000

0.372

0.000     94.99

0.00

35.382

0.000

0.0

35.382



12/2024

2.0

4.769

0.000

0.358

0.000     94.99

0.00

33.975

0.000

0.0

33.975



12/2025

2.0

4.587

0.000

0.344

0.000     94.99

0.00

32.680

0.000

0.0

32.680



12/2026

2.0

4.419

0.000

0.331

0.000     94.99

0.00

31.483

0.000

0.0

31.483



12/2027

2.0

4.263

0.000

0.320

0.000     94.99

0.00

30.373

0.000

0.0

30.373



12/2028

2.0

4.119

0.000

0.309

0.000     94.99

0.00

29.342

0.000

0.0

29.342



12/2029

2.0

3.984

0.000

0.299

0.000     94.99

0.00

28.380

0.000

0.0

28.380



12/2030

2.0

3.857

0.000

0.289

0.000     94.99

0.00

27.481

0.000

0.0

27.481



12/2031

2.0

3.739

0.000

0.280

0.000     94.99

0.00

26.639

0.000

0.0

26.639



12/2032

2.0

3.628

0.000

0.272

0.000     94.99

0.00

25.849

0.000

0.0

25.849



Rem.

29.131

0.000

2.185

0.000     94.99

0.00

207.539

0.000

0.0

207.539



Total

121.193

0.000

9.089

0.000     94.99

0.00

863.410

0.000

0.0

863.410



AdValorem     Operating

Total

Operational

Cumulative

10.0 Cum



& Prod Tax     Expenses

Expenses

Cash Flow

Tangible     IntangibleLeasehld

Cash Flow

Cash Flow

Disc. C.F.



Date

(M$)

(M$)

(M$)

(M$)

(M$)

(M$)

(M$)

(M$)

(M$)

(M$)



12/2015

3.994

5.676

9.670

43.852

0.00

0.00

0.00

43.852

43.852

41.684



12/2016

3.747

5.444

9.192

41.026

0.00

0.00

0.00

41.026

84.878

77.135



12/2017

3.531

5.241

8.773

38.553

0.00

0.00

0.00

38.553

123.431

107.419



12/2018

3.341

5.062

8.403

36.367

0.00

0.00

0.00

36.367

159.798

133.389



12/2019

3.171

4.902

8.073

34.419

0.00

0.00

0.00

34.419

194.217

155.732



12/2020

3.018

4.759

7.777

32.669

0.00

0.00

0.00

32.669

226.886

175.012



12/2021

2.880

4.629

7.509

31.088

0.00

0.00

0.00

31.088

257.974

191.690



12/2022

2.755

4.511

7.266

29.651

0.00

0.00

0.00

29.651

287.625

206.151



12/2023

2.640

4.403

7.043

28.339

0.00

0.00

0.00

28.339

315.964

218.715



12/2024

2.535

4.304

6.840

27.136

0.00

0.00

0.00

27.136

343.099

229.652



12/2025

2.439

4.214

6.652

26.028

0.00

0.00

0.00

26.028

369.127

239.188



12/2026

2.349

4.130

6.479

25.004

0.00

0.00

0.00

25.004

394.131

247.517



12/2027

2.266

4.052

6.318

24.055

0.00

0.00

0.00

24.055

418.186

254.801



12/2028

2.189

3.979

6.169

23.173

0.00

0.00

0.00

23.173

441.359

261.179



12/2029

2.118

3.912

6.029

22.350

0.00

0.00

0.00

22.350

463.710

266.773



12/2030

2.051

3.849

5.899

21.582

0.00

0.00

0.00

21.582

485.291

271.682



12/2031

1.988

3.790

5.777

20.862

0.00

0.00

0.00

20.862

506.153

275.997



12/2032

1.929

3.734

5.663

20.186

0.00

0.00

0.00

20.186

526.339

279.792



Rem.

15.487

32.806

48.292

159.247

0.00

0.00

0.00

159.247

159.247

19.384



Total

64.428

113.397

177.824

685.586

0.00

0.00

0.00

685.586

685.586

299.176



Oil

Gas

Present Worth Profile



Profitability Indicators

MBBLS

MMCF

(%)

(M$)



Payout (Yrs)

0.00

Prior

111.5

4.7

5.0

424.433



Discounted Payout (Yrs)

0.00

Proj.

121.2

0.0

10.0

299.176



DCF Rate of Return (%)

100.00

Ult.

232.7

4.7

15.0

230.295



Income/Investment

0.00

20.0

187.976



Disc Income/Disc Inv.

0.00

25.0

159.659



30.0

139.449



40.0

112.530



50.0

95.375



60.0

83.450



80.0

67.891



100.0

58.130

Page 5







Brenham PJ 10% WI PDNP_2014

DATE: 03-22-2015



As of 1 / 2015

TIME: 13:49:47



* O n e  L i n e  S u m m a r y *

DB: BOMCO_3-2-2015.MDB

Sum Name: SUMFILE



Lease - Well / ID

Gross Oil

Gross Gas

Net Oil

Net Gas

Tot. Rev.

Tot. Exp.

Tot. CapitalCash Flow

Disc Cash



(MBbl)

(MMcf)

(MBbl)

(MMcf)

(M$)

(M$)

(M$)

(M$)

Flow (M$)

FROST, JULIA -  2



TXO03 011660

96.3

0.0

7.2

0.0

686.3

125.3

0.0

561.0

242.8

O.W. FORDYCE - 3



TXO03 019558

24.9

0.0

1.9

0.0

177.1

52.5

0.0

124.6

56.4



Total

121.2

0.0

9.1

0.0

863.4

177.8

0.0

685.6

299.2

Page 6







Brenham PJ 10% WI PDP_2014

DATE: 03-22-2015



* D a t a  R e p o r t *

TIME: 13:48:21

DB: BOMCO_3-2-2015.MDB

ID: TXO03 003357



Lease ID:

003357

Major Phase:     OIL

API #:4220107819

Status:

PDP



Lease Name:

RIO BRAVO FEE



Well Name:

1B



Field Name:

PIERCE JUNCTION

Formation Name:



Operator:

BOMCO USA, INC.



Title 1:

KINDER MORGAN TEXAS PIPELINE, LP



Title 2:

CROWN CENTRAL PIPE LINE CO.

Export Code 1:

Export Code 2:

Export Code 3:



County:

HARRIS

ST:TX



Project Start Date:1/2015

Ending Month:

12

Disc. Rate %

10



Reserves Factor:100

Cash Flow Factor:100

Gas Shrink%

0

Gas Shrink (MCF/M)

0



Oil Prod Tax

Gas Prod Tax

Plant Prod Tax

Ad Valorem Tax



Initial %

4.6

7.5

.0

3.0



Months

360

360

360



Final %

.0

.0

.0



$/BBL or $/MCF

.00

.00

.00



Initial Oil Price Adj.:

0.00 $/BBL

Max Price:     120.00 $/BBLPlant Price:

.00 % Oil Price



Oil Price:

94.99 $/BBL

Esc%    0.0

Esc$     0.00

Months

360



Oil Price:

0.00 $/BBL

Esc%    0.0

Esc$     0.00

Months

360



Oil Price:

0.00 $/BBL

Esc%    0.0

Esc$     0.00

Months

360



Initial Gas Price Adj.:

0.00 $/MCF

Max Price:     12.00 $/MCFBTU

1000



Gas Price:     0.00 $/MCF

Esc%    0.0

Esc$     0.00

Months

360



Gas Price:     0.00 $/MCF

Esc%    0.0

Esc$     0.00

Months

360



Gas Price:     0.00 $/MCF

Esc%    0.0

Esc$     0.00

Months

360



Op Exp $/W/M:

0   Esc

0.0 %   For

30.00 Years

Esc

0.0 %

For

0.00 Years



Op Exp $/M:

800   Esc

0.0 %   For

30.00 Years

Months Delay    0



Op Exp $/BBL:

5.00   Esc

0.0 %   For

30.00 Years



Op Exp $/MCF:

0.00   Esc

0.0 %   For

30.00 Years



Op Exp $/B Wat:

0.00   Esc

0.0 %   For

30.00 Years



Mgmt Fee $/M:

0   Esc

0.0 %   % NLP    0.00



WI%

NRI% O

NRI% G

Mths

AMT



10.0000

7.5000

7.5000

480

0.00



100.0000

0.0000

0.0000

0

0.00



Investments - Gross     Lease Hold M$    0.000

Net Salvage M$     0.000



Escalation:

0.0 %

For

30.00 Years



Date

Tang M$

Intan M$

Risk %

Fed Tax Data



Rate %

34.00



Depr.

Decl. Bal



Depr.Life

7



Oil Units

Prod Start Date

GOR

No.Wells

Start ID



Monthly

10/ 2014

0.0

1



Type

N

Initial

Final

Decline

Time

Cum

Comments



HYP

0.9

48.0

13.1

4.500

638

15.167



0.0

0.0

0.0

0.000

0

0.000



0.0

0.0

0.0

0.000

0

0.000



Gas Units

Prod Start Date

YLD

No.Wells

Start ID

Plant Yld B/MM



Monthly

0.0

0

0.00



Type

N

Initial

Final

Decline

Time

Cum



0.0

0.0

0.0

0.000

0

0.000



0.0

0.0

0.0

0.000

0

0.000



0.0

0.0

0.0

0.000

0

0.000

Page 1







KINDER MORGAN TEXAS PIPELINE, LP

Brenham PJ 10% WI PDP_2014

DATE: 03-22-2015



CROWN CENTRAL PIPE LINE CO.

As of 1 / 2015

TIME: 13:48:21

DB: BOMCO_3-2-2015.MDB

ID: TXO03 003357



Date

No.

Gross Oil

Gross Gas

Net Oil

Net Gas

Oil

Gas

Wells

(Mbbl)

(MMcf)

(Mbbl)

(MMcf)

Price     PriceOil  Net.Rev    Gas Net.Rev

Other

$/Bbl     $/Mcf

(M$)

(M$)

Net.Rev

Total

(M$)

Net.Rev (M$)



12/2015

1.0

0.557

0.000

0.042

0.000     94.99

0.00

3.967

0.000

0.0

3.967



12/2016

1.0

0.533

0.000

0.040

0.000     94.99

0.00

3.797

0.000

0.0

3.797



12/2017

1.0

0.511

0.000

0.038

0.000     94.99

0.00

3.640

0.000

0.0

3.640



12/2018

1.0

0.491

0.000

0.037

0.000     94.99

0.00

3.495

0.000

0.0

3.495



12/2019

1.0

0.472

0.000

0.035

0.000     94.99

0.00

3.360

0.000

0.0

3.360



12/2020

1.0

0.454

0.000

0.034

0.000     94.99

0.00

3.235

0.000

0.0

3.235



12/2021

1.0

0.438

0.000

0.033

0.000     94.99

0.00

3.119

0.000

0.0

3.119



12/2022

1.0

0.423

0.000

0.032

0.000     94.99

0.00

3.010

0.000

0.0

3.010



12/2023

1.0

0.408

0.000

0.031

0.000     94.99

0.00

2.909

0.000

0.0

2.909



12/2024

1.0

0.395

0.000

0.030

0.000     94.99

0.00

2.813

0.000

0.0

2.813



12/2025

1.0

0.382

0.000

0.029

0.000     94.99

0.00

2.724

0.000

0.0

2.724



12/2026

1.0

0.370

0.000

0.028

0.000     94.99

0.00

2.639

0.000

0.0

2.639



12/2027

1.0

0.359

0.000

0.027

0.000     94.99

0.00

2.560

0.000

0.0

2.560



12/2028

1.0

0.349

0.000

0.026

0.000     94.99

0.00

2.485

0.000

0.0

2.485



12/2029

1.0

0.339

0.000

0.025

0.000     94.99

0.00

2.414

0.000

0.0

2.414



12/2030

1.0

0.329

0.000

0.025

0.000     94.99

0.00

2.347

0.000

0.0

2.347



12/2031

1.0

0.320

0.000

0.024

0.000     94.99

0.00

2.283

0.000

0.0

2.283



12/2032

1.0

0.312

0.000

0.023

0.000     94.99

0.00

2.222

0.000

0.0

2.222



Rem.

7.582

0.000

0.569

0.000     94.99

0.00

54.016

0.000

0.0

54.016



Total

15.024

0.000

1.127

0.000     94.99

0.00

107.033

0.000

0.0

107.033



AdValorem     Operating

Total

Operational

Cumulative

10.0 Cum



& Prod Tax     Expenses

Expenses

Cash Flow

Tangible     IntangibleLeasehld

Cash Flow

Cash Flow

Disc. C.F.



Date

(M$)

(M$)

(M$)

(M$)

(M$)

(M$)

(M$)

(M$)

(M$)

(M$)



12/2015

0.296

1.238

1.534

2.432

0.00

0.00

0.00

2.432

2.432

2.312



12/2016

0.283

1.226

1.510

2.287

0.00

0.00

0.00

2.287

4.719

4.288



12/2017

0.272

1.215

1.487

2.153

0.00

0.00

0.00

2.153

6.872

5.979



12/2018

0.261

1.205

1.466

2.029

0.00

0.00

0.00

2.029

8.900

7.428



12/2019

0.251

1.196

1.447

1.914

0.00

0.00

0.00

1.914

10.814

8.670



12/2020

0.241

1.187

1.428

1.807

0.00

0.00

0.00

1.807

12.621

9.736



12/2021

0.233

1.179

1.412

1.707

0.00

0.00

0.00

1.707

14.328

10.652



12/2022

0.225

1.171

1.396

1.614

0.00

0.00

0.00

1.614

15.943

11.440



12/2023

0.217

1.164

1.381

1.527

0.00

0.00

0.00

1.527

17.470

12.117



12/2024

0.210

1.157

1.367

1.446

0.00

0.00

0.00

1.446

18.916

12.700



12/2025

0.203

1.151

1.354

1.369

0.00

0.00

0.00

1.369

20.285

13.201



12/2026

0.197

1.145

1.342

1.297

0.00

0.00

0.00

1.297

21.582

13.634



12/2027

0.191

1.140

1.331

1.229

0.00

0.00

0.00

1.229

22.811

14.006



12/2028

0.185

1.134

1.320

1.165

0.00

0.00

0.00

1.165

23.976

14.326



12/2029

0.180

1.129

1.310

1.104

0.00

0.00

0.00

1.104

25.081

14.603



12/2030

0.175

1.125

1.300

1.047

0.00

0.00

0.00

1.047

26.127

14.841



12/2031

0.170

1.120

1.291

0.992

0.00

0.00

0.00

0.992

27.120

15.046



12/2032

0.166

1.116

1.282

0.940

0.00

0.00

0.00

0.940

28.060

15.223



Rem.

4.031

15.311

19.342

34.674

0.00

0.00

0.00

34.674

34.674

2.438



Total

7.987

36.312

44.299

62.734

0.00

0.00

0.00

62.734

62.734

17.661



Profitability Indicators

Interests

(%)

Reversion

Oil

Gas

Present Worth Profile

Points(Yrs)

MBBLS

MMCF

(%)

(M$)



Payout (Yrs)

0.00

Initial W.I.

10.0000

Prior

93.2

0.8

5.0

28.759



Discounted Payout (Yrs)

0.00

Final W.I.

10.0000

Proj.

15.0

0.0

10.0

17.661



DCF Rate of Return (%)

100.00

Initial NRI Oil

7.5000

Ult.

108.2

0.8

15.0

12.948



Income/Investment

0.00

Final NRI Oil

7.5000

20.0

10.423



Disc Income/Disc Inv.

0.00

Initial NRI Gas

7.5000

25.0

8.830



Project Life (Yrs)

30.00

Final NRI Gas

7.5000

30.0

7.716



40.0

6.239



RIO BRAVO FEE

HARRIS

50.0

5.294



1B

TX

60.0

4.635



PIERCE JUNCTION

BOMCO USA, INC.

80.0

3.773



100.0

3.230

Page 2







Brenham PJ 10% WI PDP_2014

DATE: 03-22-2015



* D a t a  R e p o r t *

TIME: 13:48:21

DB: BOMCO_3-2-2015.MDB

ID: TXO03 003359



Lease ID:

003359

Major Phase:     OIL

API #:4220104748

Status:

PDP



Lease Name:

SETTEGAST, J. J. -B-



Well Name:

22



Field Name:

PIERCE JUNCTION

Formation Name:



Operator:

BOMCO USA, INC.



Title 1:

KINDER MORGAN TEXAS PIPELINE, LP



Title 2:

TEPPCO CRUDE OIL, L.P.

Export Code 1:

Export Code 2:

Export Code 3:



County:

HARRIS

ST:TX



Project Start Date:1/2015

Ending Month:

12

Disc. Rate %

10



Reserves Factor:100

Cash Flow Factor:100

Gas Shrink%

0

Gas Shrink (MCF/M)

0



Oil Prod Tax

Gas Prod Tax

Plant Prod Tax

Ad Valorem Tax



Initial %

4.6

7.5

.0

3.0



Months

360

360

360



Final %

.0

.0

.0



$/BBL or $/MCF

.00

.00

.00



Initial Oil Price Adj.:

0.00 $/BBL

Max Price:     120.00 $/BBLPlant Price:

.00 % Oil Price



Oil Price:

94.99 $/BBL

Esc%    0.0

Esc$     0.00

Months

360



Oil Price:

0.00 $/BBL

Esc%    0.0

Esc$     0.00

Months

360



Oil Price:

0.00 $/BBL

Esc%    0.0

Esc$     0.00

Months

360



Initial Gas Price Adj.:

0.00 $/MCF

Max Price:     12.00 $/MCFBTU

1000



Gas Price:     0.00 $/MCF

Esc%    0.0

Esc$     0.00

Months

360



Gas Price:     0.00 $/MCF

Esc%    0.0

Esc$     0.00

Months

360



Gas Price:     0.00 $/MCF

Esc%    0.0

Esc$     0.00

Months

360



Op Exp $/W/M:

0   Esc

0.0 %   For

30.00 Years

Esc

0.0 %

For

0.00 Years



Op Exp $/M:

800   Esc

0.0 %   For

30.00 Years

Months Delay    0



Op Exp $/BBL:

5.00   Esc

0.0 %   For

30.00 Years



Op Exp $/MCF:

0.00   Esc

0.0 %   For

30.00 Years



Op Exp $/B Wat:

0.00   Esc

0.0 %   For

30.00 Years



Mgmt Fee $/M:

0   Esc

0.0 %   % NLP    0.00



WI%

NRI% O

NRI% G

Mths

AMT



10.0000

7.5000

7.5000

480

0.00



100.0000

0.0000

0.0000

0

0.00



Investments - Gross     Lease Hold M$    0.000

Net Salvage M$     0.000



Escalation:

0.0 %

For

30.00 Years



Date

Tang M$

Intan M$

Risk %

Fed Tax Data



Rate %

34.00



Depr.

Decl. Bal



Depr.Life

7



Oil Units

Prod Start Date

GOR

No.Wells

Start ID



Monthly

12/ 2010

0.0

1



Type

N

Initial

Final

Decline

Time

Cum

Comments



HYP

1.0

335.3

138.2

4.340

385

80.211



0.0

0.0

0.0

0.000

0

0.000



0.0

0.0

0.0

0.000

0

0.000



Gas Units

Prod Start Date

YLD

No.Wells

Start ID

Plant Yld B/MM



Monthly

0.0

0

0.00



Type

N

Initial

Final

Decline

Time

Cum



0.0

0.0

0.0

0.000

0

0.000



0.0

0.0

0.0

0.000

0

0.000



0.0

0.0

0.0

0.000

0

0.000

Page 3







KINDER MORGAN TEXAS PIPELINE, LP

Brenham PJ 10% WI PDP_2014

DATE: 03-22-2015



TEPPCO CRUDE OIL, L.P.

As of 1 / 2015

TIME: 13:48:21

DB: BOMCO_3-2-2015.MDB

ID: TXO03 003359



Date

No.

Gross Oil

Gross Gas

Net Oil

Net Gas

Oil

Gas

Wells

(Mbbl)

(MMcf)

(Mbbl)

(MMcf)

Price     PriceOil  Net.Rev    Gas Net.Rev

Other

$/Bbl     $/Mcf

(M$)

(M$)

Net.Rev

Total

(M$)

Net.Rev (M$)



12/2015

1.0

3.343

0.000

0.251

0.000     94.99

0.00

23.814

0.000

0.0

23.814



12/2016

1.0

3.224

0.000

0.242

0.000     94.99

0.00

22.966

0.000

0.0

22.966



12/2017

1.0

3.113

0.000

0.233

0.000     94.99

0.00

22.176

0.000

0.0

22.176



12/2018

1.0

3.009

0.000

0.226

0.000     94.99

0.00

21.438

0.000

0.0

21.438



12/2019

1.0

2.912

0.000

0.218

0.000     94.99

0.00

20.748

0.000

0.0

20.748



12/2020

1.0

2.821

0.000

0.212

0.000     94.99

0.00

20.101

0.000

0.0

20.101



12/2021

1.0

2.736

0.000

0.205

0.000     94.99

0.00

19.493

0.000

0.0

19.493



12/2022

1.0

2.656

0.000

0.199

0.000     94.99

0.00

18.921

0.000

0.0

18.921



12/2023

1.0

2.580

0.000

0.194

0.000     94.99

0.00

18.381

0.000

0.0

18.381



12/2024

1.0

2.509

0.000

0.188

0.000     94.99

0.00

17.871

0.000

0.0

17.871



12/2025

1.0

2.441

0.000

0.183

0.000     94.99

0.00

17.389

0.000

0.0

17.389



12/2026

1.0

2.377

0.000

0.178

0.000     94.99

0.00

16.932

0.000

0.0

16.932



12/2027

1.0

2.316

0.000

0.174

0.000     94.99

0.00

16.499

0.000

0.0

16.499



12/2028

1.0

2.258

0.000

0.169

0.000     94.99

0.00

16.087

0.000

0.0

16.087



12/2029

1.0

2.203

0.000

0.165

0.000     94.99

0.00

15.695

0.000

0.0

15.695



12/2030

1.0

2.151

0.000

0.161

0.000     94.99

0.00

15.322

0.000

0.0

15.322



12/2031

1.0

2.101

0.000

0.158

0.000     94.99

0.00

14.966

0.000

0.0

14.966



12/2032

1.0

2.053

0.000

0.154

0.000     94.99

0.00

14.626

0.000

0.0

14.626



Rem.

18.313

0.000

1.373

0.000     94.99

0.00

130.469

0.000

0.0

130.469



Total

65.115

0.000

4.884

0.000     94.99

0.00

463.894

0.000

0.0

463.894



AdValorem     Operating

Total

Operational

Cumulative

10.0 Cum



& Prod Tax     Expenses

Expenses

Cash Flow

Tangible     IntangibleLeasehld

Cash Flow

Cash Flow

Disc. C.F.



Date

(M$)

(M$)

(M$)

(M$)

(M$)

(M$)

(M$)

(M$)

(M$)

(M$)



12/2015

1.777

2.631

4.408

19.406

0.00

0.00

0.00

19.406

19.406

18.442



12/2016

1.714

2.572

4.286

18.680

0.00

0.00

0.00

18.680

38.086

34.580



12/2017

1.655

2.516

4.171

18.005

0.00

0.00

0.00

18.005

56.091

48.721



12/2018

1.600

2.465

4.064

17.374

0.00

0.00

0.00

17.374

73.464

61.125



12/2019

1.548

2.416

3.964

16.784

0.00

0.00

0.00

16.784

90.248

72.019



12/2020

1.500

2.371

3.871

16.230

0.00

0.00

0.00

16.230

106.478

81.596



12/2021

1.455

2.328

3.783

15.710

0.00

0.00

0.00

15.710

122.189

90.023



12/2022

1.412

2.288

3.700

15.221

0.00

0.00

0.00

15.221

137.410

97.445



12/2023

1.372

2.250

3.622

14.759

0.00

0.00

0.00

14.759

152.169

103.988



12/2024

1.334

2.214

3.548

14.324

0.00

0.00

0.00

14.324

166.493

109.761



12/2025

1.298

2.180

3.478

13.911

0.00

0.00

0.00

13.911

180.404

114.857



12/2026

1.263

2.148

3.412

13.520

0.00

0.00

0.00

13.520

193.924

119.360



12/2027

1.231

2.118

3.349

13.150

0.00

0.00

0.00

13.150

207.074

123.342



12/2028

1.200

2.089

3.289

12.798

0.00

0.00

0.00

12.798

219.871

126.864



12/2029

1.171

2.062

3.233

12.462

0.00

0.00

0.00

12.462

232.334

129.983



12/2030

1.143

2.035

3.179

12.143

0.00

0.00

0.00

12.143

244.477

132.745



12/2031

1.117

2.010

3.127

11.839

0.00

0.00

0.00

11.839

256.316

135.193



12/2032

1.091

1.987

3.078

11.548

0.00

0.00

0.00

11.548

267.864

137.364



Rem.

9.736

18.757

28.492

101.976

0.00

0.00

0.00

101.976

101.976

11.983



Total

34.616

59.437

94.053

369.841

0.00

0.00

0.00

369.841

369.841

149.347



Profitability Indicators

Interests

(%)

Reversion

Oil

Gas

Present Worth Profile

Points(Yrs)

MBBLS

MMCF

(%)

(M$)



Payout (Yrs)

0.00

Initial W.I.

10.0000

Prior

158.1

0.3

5.0

218.827



Discounted Payout (Yrs)

0.00

Final W.I.

10.0000

Proj.

65.1

0.0

10.0

149.347



DCF Rate of Return (%)

100.00

Initial NRI Oil

7.5000

Ult.

223.2

0.3

15.0

112.416



Income/Investment

0.00

Final NRI Oil

7.5000

20.0

90.323



Disc Income/Disc Inv.

0.00

Initial NRI Gas

7.5000

25.0

75.840



Project Life (Yrs)

28.00

Final NRI Gas

7.5000

30.0

65.667



40.0

52.344



SETTEGAST, J. J. -B-

HARRIS

50.0

43.998



22

TX

60.0

38.266



PIERCE JUNCTION

BOMCO USA, INC.

80.0

30.879



100.0

26.299

Page 4







Brenham PJ 10% WI PDP_2014

DATE: 03-22-2015



* D a t a  R e p o r t *

TIME: 13:48:21

DB: BOMCO_3-2-2015.MDB

ID: TXO03 013450



Lease ID:

013450

Major Phase:     OIL

API #:4220131343

Status:

PDP



Lease Name:

SETTEGAST, L. J.



Well Name:

5



Field Name:

PIERCE JUNCTION

Formation Name:



Operator:

BOMCO USA, INC.



Title 1:

KINDER MORGAN TEXAS PIPELINE, LP



Title 2:

TEPPCO CRUDE OIL, L.P.

Export Code 1:

Export Code 2:

Export Code 3:



County:

HARRIS

ST:TX



Project Start Date:1/2015

Ending Month:

12

Disc. Rate %

10



Reserves Factor:100

Cash Flow Factor:100

Gas Shrink%

0

Gas Shrink (MCF/M)

0



Oil Prod Tax

Gas Prod Tax

Plant Prod Tax

Ad Valorem Tax



Initial %

4.6

7.5

.0

3.0



Months

360

360

360



Final %

.0

.0

.0



$/BBL or $/MCF

.00

.00

.00



Initial Oil Price Adj.:

0.00 $/BBL

Max Price:     120.00 $/BBLPlant Price:

.00 % Oil Price



Oil Price:

94.99 $/BBL

Esc%    0.0

Esc$     0.00

Months

360



Oil Price:

0.00 $/BBL

Esc%    0.0

Esc$     0.00

Months

360



Oil Price:

0.00 $/BBL

Esc%    0.0

Esc$     0.00

Months

360



Initial Gas Price Adj.:

0.00 $/MCF

Max Price:     12.00 $/MCFBTU

1000



Gas Price:     0.00 $/MCF

Esc%    0.0

Esc$     0.00

Months

360



Gas Price:     0.00 $/MCF

Esc%    0.0

Esc$     0.00

Months

360



Gas Price:     0.00 $/MCF

Esc%    0.0

Esc$     0.00

Months

360



Op Exp $/W/M:

0   Esc

0.0 %   For

30.00 Years

Esc

0.0 %

For

0.00 Years



Op Exp $/M:

800   Esc

0.0 %   For

30.00 Years

Months Delay    0



Op Exp $/BBL:

5.00   Esc

0.0 %   For

30.00 Years



Op Exp $/MCF:

0.00   Esc

0.0 %   For

30.00 Years



Op Exp $/B Wat:

0.00   Esc

0.0 %   For

30.00 Years



Mgmt Fee $/M:

0   Esc

0.0 %   % NLP    0.00



WI%

NRI% O

NRI% G

Mths

AMT



10.0000

7.5000

7.5000

480

0.00



100.0000

0.0000

0.0000

0

0.00



Investments - Gross     Lease Hold M$    0.000

Net Salvage M$     0.000



Escalation:

0.0 %

For

30.00 Years



Date

Tang M$

Intan M$

Risk %

Fed Tax Data



Rate %

34.00



Depr.

Decl. Bal



Depr.Life

7



Oil Units

Prod Start Date

GOR

No.Wells

Start ID



Monthly

1/ 2011

0.0

1



Type

N

Initial

Final

Decline

Time

Cum

Comments



HYP

1.0

325.6

31.5

23.725

408

33.272



0.0

0.0

0.0

0.000

0

0.000



0.0

0.0

0.0

0.000

0

0.000



Gas Units

Prod Start Date

YLD

No.Wells

Start ID

Plant Yld B/MM



Monthly

0.0

0

0.00



Type

N

Initial

Final

Decline

Time

Cum



0.0

0.0

0.0

0.000

0

0.000



0.0

0.0

0.0

0.000

0

0.000



0.0

0.0

0.0

0.000

0

0.000

Page 5







KINDER MORGAN TEXAS PIPELINE, LP

Brenham PJ 10% WI PDP_2014

DATE: 03-22-2015



TEPPCO CRUDE OIL, L.P.

As of 1 / 2015

TIME: 13:48:21

DB: BOMCO_3-2-2015.MDB

ID: TXO03 013450



Date

No.

Gross Oil

Gross Gas

Net Oil

Net Gas

Oil

Gas

Wells

(Mbbl)

(MMcf)

(Mbbl)

(MMcf)

Price     PriceOil  Net.Rev    Gas Net.Rev

Other

$/Bbl     $/Mcf

(M$)

(M$)

Net.Rev

Total

(M$)

Net.Rev (M$)



12/2015

1.0

1.752

0.000

0.131

0.000     94.99

0.00

12.483

0.000

0.0

12.483



12/2016

1.0

1.560

0.000

0.117

0.000     94.99

0.00

11.115

0.000

0.0

11.115



12/2017

1.0

1.406

0.000

0.105

0.000     94.99

0.00

10.017

0.000

0.0

10.017



12/2018

1.0

1.280

0.000

0.096

0.000     94.99

0.00

9.117

0.000

0.0

9.117



12/2019

1.0

1.174

0.000

0.088

0.000     94.99

0.00

8.365

0.000

0.0

8.365



12/2020

1.0

1.085

0.000

0.081

0.000     94.99

0.00

7.728

0.000

0.0

7.728



12/2021

1.0

1.008

0.000

0.076

0.000     94.99

0.00

7.181

0.000

0.0

7.181



12/2022

1.0

0.941

0.000

0.071

0.000     94.99

0.00

6.707

0.000

0.0

6.707



12/2023

1.0

0.883

0.000

0.066

0.000     94.99

0.00

6.291

0.000

0.0

6.291



12/2024

1.0

0.831

0.000

0.062

0.000     94.99

0.00

5.924

0.000

0.0

5.924



12/2025

1.0

0.786

0.000

0.059

0.000     94.99

0.00

5.597

0.000

0.0

5.597



12/2026

1.0

0.745

0.000

0.056

0.000     94.99

0.00

5.304

0.000

0.0

5.304



12/2027

1.0

0.708

0.000

0.053

0.000     94.99

0.00

5.041

0.000

0.0

5.041



12/2028

1.0

0.674

0.000

0.051

0.000     94.99

0.00

4.802

0.000

0.0

4.802



12/2029

1.0

0.644

0.000

0.048

0.000     94.99

0.00

4.585

0.000

0.0

4.585



12/2030

1.0

0.616

0.000

0.046

0.000     94.99

0.00

4.387

0.000

0.0

4.387



12/2031

1.0

0.590

0.000

0.044

0.000     94.99

0.00

4.205

0.000

0.0

4.205



12/2032

1.0

0.567

0.000

0.043

0.000     94.99

0.00

4.037

0.000

0.0

4.037



Rem.

5.469

0.000

0.410

0.000     94.99

0.00

38.959

0.000

0.0

38.959



Total

22.717

0.000

1.704

0.000     94.99

0.00

161.845

0.000

0.0

161.845



AdValorem     Operating

Total

Operational

Cumulative

10.0 Cum



& Prod Tax     Expenses

Expenses

Cash Flow

Tangible     IntangibleLeasehld

Cash Flow

Cash Flow

Disc. C.F.



Date

(M$)

(M$)

(M$)

(M$)

(M$)

(M$)

(M$)

(M$)

(M$)

(M$)



12/2015

0.931

1.836

2.768

9.715

0.00

0.00

0.00

9.715

9.715

9.240



12/2016

0.829

1.740

2.569

8.545

0.00

0.00

0.00

8.545

18.260

16.627



12/2017

0.747

1.663

2.411

7.607

0.00

0.00

0.00

7.607

25.867

22.605



12/2018

0.680

1.600

2.280

6.837

0.00

0.00

0.00

6.837

32.704

27.489



12/2019

0.624

1.547

2.171

6.194

0.00

0.00

0.00

6.194

38.898

31.511



12/2020

0.577

1.502

2.079

5.649

0.00

0.00

0.00

5.649

44.548

34.846



12/2021

0.536

1.464

2.000

5.181

0.00

0.00

0.00

5.181

49.729

37.627



12/2022

0.500

1.431

1.931

4.775

0.00

0.00

0.00

4.775

54.505

39.956



12/2023

0.469

1.402

1.871

4.420

0.00

0.00

0.00

4.420

58.924

41.916



12/2024

0.442

1.376

1.818

4.106

0.00

0.00

0.00

4.106

63.030

43.571



12/2025

0.418

1.353

1.770

3.826

0.00

0.00

0.00

3.826

66.857

44.974



12/2026

0.396

1.332

1.728

3.576

0.00

0.00

0.00

3.576

70.433

46.165



12/2027

0.376

1.314

1.690

3.351

0.00

0.00

0.00

3.351

73.783

47.180



12/2028

0.358

1.297

1.655

3.147

0.00

0.00

0.00

3.147

76.930

48.046



12/2029

0.342

1.282

1.624

2.961

0.00

0.00

0.00

2.961

79.891

48.787



12/2030

0.327

1.268

1.595

2.791

0.00

0.00

0.00

2.791

82.683

49.423



12/2031

0.314

1.255

1.569

2.636

0.00

0.00

0.00

2.636

85.319

49.968



12/2032

0.301

1.243

1.545

2.493

0.00

0.00

0.00

2.493

87.811

50.437



Rem.

2.907

14.254

17.161

21.798

0.00

0.00

0.00

21.798

21.798

2.455



Total

12.077

40.159

52.236

109.609

0.00

0.00

0.00

109.609

109.609

52.892



Profitability Indicators

Interests

(%)

Reversion

Oil

Gas

Present Worth Profile

Points(Yrs)

MBBLS

MMCF

(%)

(M$)



Payout (Yrs)

0.00

Initial W.I.

10.0000

Prior

157.0

2.4

5.0

71.531



Discounted Payout (Yrs)

0.00

Final W.I.

10.0000

Proj.

22.7

0.0

10.0

52.892



DCF Rate of Return (%)

100.00

Initial NRI Oil

7.5000

Ult.

179.7

2.4

15.0

42.272



Income/Investment

0.00

Final NRI Oil

7.5000

20.0

35.494



Disc Income/Disc Inv.

0.00

Initial NRI Gas

7.5000

25.0

30.797



Project Life (Yrs)

30.00

Final NRI Gas

7.5000

30.0

27.345



40.0

22.592



SETTEGAST, L. J.

HARRIS

50.0

19.458



5

TX

60.0

17.225



PIERCE JUNCTION

BOMCO USA, INC.

80.0

14.239



100.0

12.321

Page 6







Brenham PJ 10% WI PDP_2014

DATE: 03-22-2015



* D a t a  R e p o r t *

TIME: 13:48:21

DB: BOMCO_3-2-2015.MDB

ID: TXO03 011337



Lease ID:

011337

Major Phase:     OIL

API #:4220104741

Status:

PDP



Lease Name:

SETTEGAST, M.



Well Name:

3



Field Name:

PIERCE JUNCTION

Formation Name:



Operator:

BOMCO USA, INC.



Title 1:

KINDER MORGAN TEXAS PIPELINE, LP



Title 2:

TEPPCO CRUDE OIL, L.P.

Export Code 1:

Export Code 2:

Export Code 3:



County:

HARRIS

ST:TX



Project Start Date:1/2015

Ending Month:

12

Disc. Rate %

10



Reserves Factor:100

Cash Flow Factor:100

Gas Shrink%

0

Gas Shrink (MCF/M)

0



Oil Prod Tax

Gas Prod Tax

Plant Prod Tax

Ad Valorem Tax



Initial %

4.6

7.5

.0

3.0



Months

360

360

360



Final %

.0

.0

.0



$/BBL or $/MCF

.00

.00

.00



Initial Oil Price Adj.:

0.00 $/BBL

Max Price:     120.00 $/BBLPlant Price:

.00 % Oil Price



Oil Price:

94.99 $/BBL

Esc%    0.0

Esc$     0.00

Months

360



Oil Price:

0.00 $/BBL

Esc%    0.0

Esc$     0.00

Months

360



Oil Price:

0.00 $/BBL

Esc%    0.0

Esc$     0.00

Months

360



Initial Gas Price Adj.:

0.00 $/MCF

Max Price:     12.00 $/MCFBTU

1000



Gas Price:     0.00 $/MCF

Esc%    0.0

Esc$     0.00

Months

360



Gas Price:     0.00 $/MCF

Esc%    0.0

Esc$     0.00

Months

360



Gas Price:     0.00 $/MCF

Esc%    0.0

Esc$     0.00

Months

360



Op Exp $/W/M:

0   Esc

0.0 %   For

30.00 Years

Esc

0.0 %

For

0.00 Years



Op Exp $/M:

800   Esc

0.0 %   For

30.00 Years

Months Delay    0



Op Exp $/BBL:

5.00   Esc

0.0 %   For

30.00 Years



Op Exp $/MCF:

0.00   Esc

0.0 %   For

30.00 Years



Op Exp $/B Wat:

0.00   Esc

0.0 %   For

30.00 Years



Mgmt Fee $/M:

0   Esc

0.0 %   % NLP    0.00



WI%

NRI% O

NRI% G

Mths

AMT



10.0000

7.5000

7.5000

480

0.00



100.0000

0.0000

0.0000

0

0.00



Investments - Gross     Lease Hold M$    0.000

Net Salvage M$     0.000



Escalation:

0.0 %

For

30.00 Years



Date

Tang M$

Intan M$

Risk %

Fed Tax Data



Rate %

34.00



Depr.

Decl. Bal



Depr.Life

7



Oil Units

Prod Start Date

GOR

No.Wells

Start ID



Monthly

11/ 2009

0.0

1



Type

N

Initial

Final

Decline

Time

Cum

Comments



HYP

1.0

196.8

27.0

17.120

398

24.752



0.0

0.0

0.0

0.000

0

0.000



0.0

0.0

0.0

0.000

0

0.000



Gas Units

Prod Start Date

YLD

No.Wells

Start ID

Plant Yld B/MM



Monthly

0.0

0

0.00



Type

N

Initial

Final

Decline

Time

Cum



0.0

0.0

0.0

0.000

0

0.000



0.0

0.0

0.0

0.000

0

0.000



0.0

0.0

0.0

0.000

0

0.000

Page 7







KINDER MORGAN TEXAS PIPELINE, LP

Brenham PJ 10% WI PDP_2014

DATE: 03-22-2015



TEPPCO CRUDE OIL, L.P.

As of 1 / 2015

TIME: 13:48:22

DB: BOMCO_3-2-2015.MDB

ID: TXO03 011337



Date

No.

Gross Oil

Gross Gas

Net Oil

Net Gas

Oil

Gas

Wells

(Mbbl)

(MMcf)

(Mbbl)

(MMcf)

Price     PriceOil  Net.Rev    Gas Net.Rev

Other

$/Bbl     $/Mcf

(M$)

(M$)

Net.Rev

Total

(M$)

Net.Rev (M$)



12/2015

1.0

1.140

0.000

0.085

0.000     94.99

0.00

8.121

0.000

0.0

8.121



12/2016

1.0

1.044

0.000

0.078

0.000     94.99

0.00

7.440

0.000

0.0

7.440



12/2017

1.0

0.964

0.000

0.072

0.000     94.99

0.00

6.865

0.000

0.0

6.865



12/2018

1.0

0.894

0.000

0.067

0.000     94.99

0.00

6.372

0.000

0.0

6.372



12/2019

1.0

0.835

0.000

0.063

0.000     94.99

0.00

5.945

0.000

0.0

5.945



12/2020

1.0

0.782

0.000

0.059

0.000     94.99

0.00

5.572

0.000

0.0

5.572



12/2021

1.0

0.736

0.000

0.055

0.000     94.99

0.00

5.243

0.000

0.0

5.243



12/2022

1.0

0.695

0.000

0.052

0.000     94.99

0.00

4.950

0.000

0.0

4.950



12/2023

1.0

0.658

0.000

0.049

0.000     94.99

0.00

4.689

0.000

0.0

4.689



12/2024

1.0

0.625

0.000

0.047

0.000     94.99

0.00

4.454

0.000

0.0

4.454



12/2025

1.0

0.595

0.000

0.045

0.000     94.99

0.00

4.241

0.000

0.0

4.241



12/2026

1.0

0.568

0.000

0.043

0.000     94.99

0.00

4.047

0.000

0.0

4.047



12/2027

1.0

0.543

0.000

0.041

0.000     94.99

0.00

3.871

0.000

0.0

3.871



12/2028

1.0

0.521

0.000

0.039

0.000     94.99

0.00

3.709

0.000

0.0

3.709



12/2029

1.0

0.500

0.000

0.037

0.000     94.99

0.00

3.560

0.000

0.0

3.560



12/2030

1.0

0.480

0.000

0.036

0.000     94.99

0.00

3.423

0.000

0.0

3.423



12/2031

1.0

0.463

0.000

0.035

0.000     94.99

0.00

3.296

0.000

0.0

3.296



12/2032

1.0

0.446

0.000

0.033

0.000     94.99

0.00

3.178

0.000

0.0

3.178



Rem.

3.754

0.000

0.282

0.000     94.99

0.00

26.747

0.000

0.0

26.747



Total

16.243

0.000

1.218

0.000     94.99

0.00

115.723

0.000

0.0

115.723



AdValorem     Operating

Total

Operational

Cumulative

10.0 Cum



& Prod Tax     Expenses

Expenses

Cash Flow

Tangible     IntangibleLeasehld

Cash Flow

Cash Flow

Disc. C.F.



Date

(M$)

(M$)

(M$)

(M$)

(M$)

(M$)

(M$)

(M$)

(M$)

(M$)



12/2015

0.606

1.530

2.136

5.985

0.00

0.00

0.00

5.985

5.985

5.691



12/2016

0.555

1.482

2.037

5.403

0.00

0.00

0.00

5.403

11.388

10.361



12/2017

0.512

1.442

1.954

4.911

0.00

0.00

0.00

4.911

16.299

14.219



12/2018

0.475

1.407

1.883

4.489

0.00

0.00

0.00

4.489

20.788

17.426



12/2019

0.444

1.377

1.821

4.124

0.00

0.00

0.00

4.124

24.912

20.104



12/2020

0.416

1.351

1.767

3.805

0.00

0.00

0.00

3.805

28.718

22.350



12/2021

0.391

1.328

1.719

3.524

0.00

0.00

0.00

3.524

32.241

24.241



12/2022

0.369

1.307

1.677

3.274

0.00

0.00

0.00

3.274

35.515

25.838



12/2023

0.350

1.289

1.639

3.050

0.00

0.00

0.00

3.050

38.565

27.190



12/2024

0.332

1.273

1.605

2.849

0.00

0.00

0.00

2.849

41.414

28.338



12/2025

0.316

1.258

1.574

2.667

0.00

0.00

0.00

2.667

44.080

29.316



12/2026

0.302

1.244

1.546

2.501

0.00

0.00

0.00

2.501

46.582

30.149



12/2027

0.289

1.232

1.521

2.350

0.00

0.00

0.00

2.350

48.932

30.861



12/2028

0.277

1.220

1.497

2.212

0.00

0.00

0.00

2.212

51.144

31.470



12/2029

0.266

1.210

1.476

2.085

0.00

0.00

0.00

2.085

53.229

31.992



12/2030

0.255

1.200

1.456

1.967

0.00

0.00

0.00

1.967

55.196

32.439



12/2031

0.246

1.191

1.437

1.859

0.00

0.00

0.00

1.859

57.055

32.824



12/2032

0.237

1.183

1.420

1.758

0.00

0.00

0.00

1.758

58.812

33.154



Rem.

1.996

11.477

13.473

13.274

0.00

0.00

0.00

13.274

13.274

1.596



Total

8.635

35.002

43.637

72.086

0.00

0.00

0.00

72.086

72.086

34.750



Profitability Indicators

Interests

(%)

Reversion

Oil

Gas

Present Worth Profile

Points(Yrs)

MBBLS

MMCF

(%)

(M$)



Payout (Yrs)

0.00

Initial W.I.

10.0000

Prior

78.9

6.6

5.0

47.214



Discounted Payout (Yrs)

0.00

Final W.I.

10.0000

Proj.

16.2

0.0

10.0

34.750



DCF Rate of Return (%)

100.00

Initial NRI Oil

7.5000

Ult.

95.2

6.6

15.0

27.592



Income/Investment

0.00

Final NRI Oil

7.5000

20.0

23.025



Disc Income/Disc Inv.

0.00

Initial NRI Gas

7.5000

25.0

19.873



Project Life (Yrs)

28.00

Final NRI Gas

7.5000

30.0

17.568



40.0

14.415



SETTEGAST, M.

HARRIS

50.0

12.353



3

TX

60.0

10.894



PIERCE JUNCTION

BOMCO USA, INC.

80.0

8.956



100.0

7.720

Page 8







Brenham PJ 10% WI PDP_2014

DATE: 03-22-2015



As of 1 / 2015

TIME: 13:48:22



* S u m m a r y *

DB: BOMCO_3-2-2015.MDB

Sum Name: SUMFILE



Date

No.

Gross Oil

Gross Gas

Net Oil

Net Gas

Oil

Gas

Wells

(Mbbl)

(MMcf)

(Mbbl)

(MMcf)

Price     PriceOil  Net.Rev    Gas Net.Rev

Other

$/Bbl     $/Mcf

(M$)

(M$)

Net.Rev

Total

(M$)

Net.Rev (M$)



12/2015

4.0

6.792

0.000

0.509

0.000     94.99

0.00

48.384

0.000

0.0

48.384



12/2016

4.0

6.361

0.000

0.477

0.000     94.99

0.00

45.317

0.000

0.0

45.317



12/2017

4.0

5.993

0.000

0.449

0.000     94.99

0.00

42.697

0.000

0.0

42.697



12/2018

4.0

5.674

0.000

0.426

0.000     94.99

0.00

40.422

0.000

0.0

40.422



12/2019

4.0

5.393

0.000

0.404

0.000     94.99

0.00

38.419

0.000

0.0

38.419



12/2020

4.0

5.143

0.000

0.386

0.000     94.99

0.00

36.637

0.000

0.0

36.637



12/2021

4.0

4.918

0.000

0.369

0.000     94.99

0.00

35.036

0.000

0.0

35.036



12/2022

4.0

4.715

0.000

0.354

0.000     94.99

0.00

33.588

0.000

0.0

33.588



12/2023

4.0

4.530

0.000

0.340

0.000     94.99

0.00

32.269

0.000

0.0

32.269



12/2024

4.0

4.360

0.000

0.327

0.000     94.99

0.00

31.062

0.000

0.0

31.062



12/2025

4.0

4.204

0.000

0.315

0.000     94.99

0.00

29.950

0.000

0.0

29.950



12/2026

4.0

4.060

0.000

0.304

0.000     94.99

0.00

28.923

0.000

0.0

28.923



12/2027

4.0

3.926

0.000

0.294

0.000     94.99

0.00

27.970

0.000

0.0

27.970



12/2028

4.0

3.801

0.000

0.285

0.000     94.99

0.00

27.083

0.000

0.0

27.083



12/2029

4.0

3.685

0.000

0.276

0.000     94.99

0.00

26.254

0.000

0.0

26.254



12/2030

4.0

3.576

0.000

0.268

0.000     94.99

0.00

25.478

0.000

0.0

25.478



12/2031

4.0

3.474

0.000

0.261

0.000     94.99

0.00

24.749

0.000

0.0

24.749



12/2032

4.0

3.378

0.000

0.253

0.000     94.99

0.00

24.064

0.000

0.0

24.064



Rem.

35.118

0.000

2.634

0.000     94.99

0.00

250.190

0.000

0.0

250.190



Total

119.099

0.000

8.932

0.000     94.99

0.00

848.494

0.000

0.0

848.494



AdValorem     Operating

Total

Operational

Cumulative

10.0 Cum



& Prod Tax     Expenses

Expenses

Cash Flow

Tangible     IntangibleLeasehld

Cash Flow

Cash Flow

Disc. C.F.



Date

(M$)

(M$)

(M$)

(M$)

(M$)

(M$)

(M$)

(M$)

(M$)

(M$)



12/2015

3.610

7.236

10.846

37.538

0.00

0.00

0.00

37.538

37.538

35.684



12/2016

3.382

7.020

10.402

34.915

0.00

0.00

0.00

34.915

72.453

65.856



12/2017

3.186

6.837

10.023

32.675

0.00

0.00

0.00

32.675

105.128

91.524



12/2018

3.016

6.677

9.693

30.729

0.00

0.00

0.00

30.729

135.857

113.468



12/2019

2.867

6.536

9.403

29.016

0.00

0.00

0.00

29.016

164.873

132.304



12/2020

2.734

6.411

9.145

27.492

0.00

0.00

0.00

27.492

192.364

148.528



12/2021

2.614

6.299

8.913

26.123

0.00

0.00

0.00

26.123

218.487

162.542



12/2022

2.506

6.197

8.704

24.884

0.00

0.00

0.00

24.884

243.372

174.679



12/2023

2.408

6.105

8.513

23.757

0.00

0.00

0.00

23.757

267.128

185.211



12/2024

2.318

6.020

8.338

22.724

0.00

0.00

0.00

22.724

289.852

194.370



12/2025

2.235

5.942

8.177

21.773

0.00

0.00

0.00

21.773

311.626

202.348



12/2026

2.158

5.870

8.028

20.895

0.00

0.00

0.00

20.895

332.521

209.308



12/2027

2.087

5.803

7.890

20.080

0.00

0.00

0.00

20.080

352.601

215.388



12/2028

2.021

5.741

7.762

19.321

0.00

0.00

0.00

19.321

371.922

220.707



12/2029

1.959

5.683

7.642

18.612

0.00

0.00

0.00

18.612

390.534

225.365



12/2030

1.901

5.628

7.529

17.949

0.00

0.00

0.00

17.949

408.483

229.448



12/2031

1.847

5.577

7.424

17.326

0.00

0.00

0.00

17.326

425.809

233.031



12/2032

1.796

5.529

7.325

16.739

0.00

0.00

0.00

16.739

442.548

236.178



Rem.

18.669

59.799

78.468

171.721

0.00

0.00

0.00

171.721

171.721

18.472



Total

63.315

170.910

234.224

614.269

0.00

0.00

0.00

614.269

614.269

254.650



Oil

Gas

Present Worth Profile



Profitability Indicators

MBBLS

MMCF

(%)

(M$)



Payout (Yrs)

0.00

Prior

487.2

10.1

5.0

366.330



Discounted Payout (Yrs)

0.00

Proj.

119.1

0.0

10.0

254.650



DCF Rate of Return (%)

100.00

Ult.

606.3

10.1

15.0

195.229



Income/Investment

0.00

20.0

159.265



Disc Income/Disc Inv.

0.00

25.0

135.340



30.0

118.295



40.0

95.590



50.0

81.103



60.0

71.020



80.0

57.847



100.0

49.571

Page 9







Brenham PJ 10% WI PDP_2014

DATE: 03-22-2015



As of 1 / 2015

TIME: 13:48:22



* O n e  L i n e  S u m m a r y *

DB: BOMCO_3-2-2015.MDB

Sum Name: SUMFILE



Lease - Well / ID

Gross Oil

Gross Gas

Net Oil

Net Gas

Tot. Rev.

Tot. Exp.

Tot. CapitalCash Flow

Disc Cash



(MBbl)

(MMcf)

(MBbl)

(MMcf)

(M$)

(M$)

(M$)

(M$)

Flow (M$)

SETTEGAST, J. J. -B- -  22



TXO03 003359

65.1

0.0

4.9

0.0

463.9

94.1

0.0

369.8

149.3

SETTEGAST, L. J. -  5



TXO03 013450

22.7

0.0

1.7

0.0

161.8

52.2

0.0

109.6

52.9

SETTEGAST, M. -  3



TXO03 011337

16.2

0.0

1.2

0.0

115.7

43.6

0.0

72.1

34.8

RIO BRAVO FEE -  1B



TXO03 003357

15.0

0.0

1.1

0.0

107.0

44.3

0.0

62.7

17.7



Total

119.1

0.0

8.9

0.0

848.5

234.2

0.0

614.3

254.7

Page 10







Brenham PJ 10% WI POSS_2014

DATE: 03-22-2015



* D a t a  R e p o r t *

TIME: 13:52:08

DB: BOMCO_3-2-2015.MDB

ID: TXO03 003367



Lease ID:

003367

Major Phase:     OIL

API #:4220104843

Status:

POSS



Lease Name:

O.W.FORDYCE



Well Name:

5



Field Name:

PIERCE JUNCTION

Formation Name:



Operator:

BOMCO USA, INC.



Title 1:

KINDER MORGAN TEXAS PIPELINE, LP



Title 2:

FLINT HILLS RESOURCES, LP

Export Code 1:

Export Code 2:

Export Code 3:



County:

HARRIS

ST:TX



Project Start Date:1/2015

Ending Month:

12

Disc. Rate %

10



Reserves Factor:25

Cash Flow Factor:100

Gas Shrink%

0

Gas Shrink (MCF/M)

0



Oil Prod Tax

Gas Prod Tax

Plant Prod Tax

Ad Valorem Tax



Initial %

4.6

7.5

.0

3.0



Months

360

360

360



Final %

.0

.0

.0



$/BBL or $/MCF

.00

.00

.00



Initial Oil Price Adj.:

0.00 $/BBL

Max Price:     120.00 $/BBLPlant Price:

.00 % Oil Price



Oil Price:

94.99 $/BBL

Esc%    0.0

Esc$     0.00

Months

360



Oil Price:

0.00 $/BBL

Esc%    0.0

Esc$     0.00

Months

360



Oil Price:

0.00 $/BBL

Esc%    0.0

Esc$     0.00

Months

360



Initial Gas Price Adj.:

0.00 $/MCF

Max Price:     12.00 $/MCFBTU

1000



Gas Price:     0.00 $/MCF

Esc%    0.0

Esc$     0.00

Months

360



Gas Price:     0.00 $/MCF

Esc%    0.0

Esc$     0.00

Months

360



Gas Price:     0.00 $/MCF

Esc%    0.0

Esc$     0.00

Months

360



Op Exp $/W/M:

0   Esc

0.0 %   For

30.00 Years

Esc

0.0 %

For

0.00 Years



Op Exp $/M:

800   Esc

0.0 %   For

30.00 Years

Months Delay    0



Op Exp $/BBL:

5.00   Esc

0.0 %   For

30.00 Years



Op Exp $/MCF:

0.00   Esc

0.0 %   For

30.00 Years



Op Exp $/B Wat:

0.00   Esc

0.0 %   For

30.00 Years



Mgmt Fee $/M:

0   Esc

0.0 %   % NLP    0.00



WI%

NRI% O

NRI% G

Mths

AMT



10.0000

7.5000

7.5000

480

0.00



100.0000

0.0000

0.0000

0

0.00



Investments - Gross     Lease Hold M$    0.000

Net Salvage M$     0.000



Escalation:

0.0 %

For

30.00 Years



Date

Tang M$

Intan M$

Risk %

Fed Tax Data



Rate %

34.00



Depr.

Decl. Bal



Depr.Life

7



Oil Units

Prod Start Date

GOR

No.Wells

Start ID



Monthly

7/ 2012

0.0

1



Type

N

Initial

Final

Decline

Time

Cum

Comments



HYP

1.0

933.3

408.3

2.690

565

339.059



0.0

0.0

0.0

0.000

0

0.000



0.0

0.0

0.0

0.000

0

0.000



Gas Units

Prod Start Date

YLD

No.Wells

Start ID

Plant Yld B/MM



Monthly

0.0

0

0.00



Type

N

Initial

Final

Decline

Time

Cum



0.0

0.0

0.0

0.000

0

0.000



0.0

0.0

0.0

0.000

0

0.000



0.0

0.0

0.0

0.000

0

0.000

Page 1







KINDER MORGAN TEXAS PIPELINE, LP

Brenham PJ 10% WI POSS_2014

DATE: 03-22-2015



FLINT HILLS RESOURCES, LP

As of 1 / 2015

TIME: 13:52:08

DB: BOMCO_3-2-2015.MDB

ID: TXO03 003367



Date

No.

Gross Oil

Gross Gas

Net Oil

Net Gas

Oil

Gas

Wells

(Mbbl)

(MMcf)

(Mbbl)

(MMcf)

Price     PriceOil  Net.Rev    Gas Net.Rev

Other

$/Bbl     $/Mcf

(M$)

(M$)

Net.Rev

Total

(M$)

Net.Rev (M$)



12/2015

1.0

2.588

0.000

0.194

0.000     94.99

0.00

18.439

0.000

0.0

18.439



12/2016

1.0

2.524

0.000

0.189

0.000     94.99

0.00

17.985

0.000

0.0

17.985



12/2017

1.0

2.464

0.000

0.185

0.000     94.99

0.00

17.553

0.000

0.0

17.553



12/2018

1.0

2.406

0.000

0.180

0.000     94.99

0.00

17.141

0.000

0.0

17.141



12/2019

1.0

2.351

0.000

0.176

0.000     94.99

0.00

16.748

0.000

0.0

16.748



12/2020

1.0

2.298

0.000

0.172

0.000     94.99

0.00

16.373

0.000

0.0

16.373



12/2021

1.0

2.248

0.000

0.169

0.000     94.99

0.00

16.014

0.000

0.0

16.014



12/2022

1.0

2.200

0.000

0.165

0.000     94.99

0.00

15.670

0.000

0.0

15.670



12/2023

1.0

2.153

0.000

0.162

0.000     94.99

0.00

15.341

0.000

0.0

15.341



12/2024

1.0

2.109

0.000

0.158

0.000     94.99

0.00

15.026

0.000

0.0

15.026



12/2025

1.0

2.067

0.000

0.155

0.000     94.99

0.00

14.723

0.000

0.0

14.723



12/2026

1.0

2.026

0.000

0.152

0.000     94.99

0.00

14.432

0.000

0.0

14.432



12/2027

1.0

1.986

0.000

0.149

0.000     94.99

0.00

14.152

0.000

0.0

14.152



12/2028

1.0

1.949

0.000

0.146

0.000     94.99

0.00

13.883

0.000

0.0

13.883



12/2029

1.0

1.912

0.000

0.143

0.000     94.99

0.00

13.624

0.000

0.0

13.624



12/2030

1.0

1.877

0.000

0.141

0.000     94.99

0.00

13.375

0.000

0.0

13.375



12/2031

1.0

1.844

0.000

0.138

0.000     94.99

0.00

13.134

0.000

0.0

13.134



12/2032

1.0

1.811

0.000

0.136

0.000     94.99

0.00

12.902

0.000

0.0

12.902



Rem.

39.180

0.000

2.939

0.000     94.99

0.00

279.130

0.000

0.0

279.130



Total

77.993

0.000

5.849

0.000     94.99

0.00

555.644

0.000

0.0

555.644



AdValorem     Operating

Total

Operational

Cumulative

10.0 Cum



& Prod Tax     Expenses

Expenses

Cash Flow

Tangible     IntangibleLeasehld

Cash Flow

Cash Flow

Disc. C.F.



Date

(M$)

(M$)

(M$)

(M$)

(M$)

(M$)

(M$)

(M$)

(M$)

(M$)



12/2015

1.376

2.254

3.630

14.809

0.00

0.00

0.00

14.809

14.809

14.072



12/2016

1.342

2.222

3.564

14.421

0.00

0.00

0.00

14.421

29.229

26.529



12/2017

1.310

2.192

3.502

14.051

0.00

0.00

0.00

14.051

43.280

37.564



12/2018

1.279

2.163

3.442

13.699

0.00

0.00

0.00

13.699

56.979

47.344



12/2019

1.250

2.135

3.385

13.363

0.00

0.00

0.00

13.363

70.342

56.016



12/2020

1.222

2.109

3.331

13.042

0.00

0.00

0.00

13.042

83.384

63.711



12/2021

1.195

2.084

3.279

12.735

0.00

0.00

0.00

12.735

96.119

70.542



12/2022

1.169

2.060

3.229

12.441

0.00

0.00

0.00

12.441

108.560

76.608



12/2023

1.145

2.037

3.181

12.160

0.00

0.00

0.00

12.160

120.720

81.998



12/2024

1.121

2.015

3.136

11.890

0.00

0.00

0.00

11.890

132.609

86.790



12/2025

1.099

1.993

3.092

11.631

0.00

0.00

0.00

11.631

144.240

91.051



12/2026

1.077

1.973

3.050

11.382

0.00

0.00

0.00

11.382

155.622

94.841



12/2027

1.056

1.953

3.009

11.143

0.00

0.00

0.00

11.143

166.765

98.215



12/2028

1.036

1.934

2.970

10.913

0.00

0.00

0.00

10.913

177.678

101.219



12/2029

1.017

1.916

2.933

10.691

0.00

0.00

0.00

10.691

188.370

103.894



12/2030

0.998

1.899

2.897

10.478

0.00

0.00

0.00

10.478

198.848

106.277



12/2031

0.980

1.882

2.862

10.272

0.00

0.00

0.00

10.272

209.120

108.401



12/2032

0.963

1.866

2.828

10.074

0.00

0.00

0.00

10.074

219.194

110.295



Rem.

20.829

31.110

51.939

227.191

0.00

0.00

0.00

227.191

227.191

18.565



Total

41.462

67.797

109.259

446.385

0.00

0.00

0.00

446.385

446.385

128.860



Profitability Indicators

Interests

(%)

Reversion

Oil

Gas

Present Worth Profile

Points(Yrs)

MBBLS

MMCF

(%)

(M$)



Payout (Yrs)

0.00

Initial W.I.

10.0000

Prior

1,435.1

99.0

5.0

211.707



Discounted Payout (Yrs)

0.00

Final W.I.

10.0000

Proj.

78.0

0.0

10.0

128.860



DCF Rate of Return (%)

100.00

Initial NRI Oil

7.5000

Ult.

1,513.1

99.0

15.0

92.107



Income/Investment

0.00

Final NRI Oil

7.5000

20.0

72.315



Disc Income/Disc Inv.

0.00

Initial NRI Gas

7.5000

25.0

60.037



Project Life (Yrs)

30.00

Final NRI Gas

7.5000

30.0

51.653



40.0

40.879



O.W.FORDYCE

HARRIS

50.0

34.216



5

TX

60.0

29.672



PIERCE JUNCTION

BOMCO USA, INC.

80.0

23.851



100.0

20.264

Page 2







Brenham PJ 10% WI POSS_2014

DATE: 03-22-2015



As of 1 / 2015

TIME: 13:52:08



* S u m m a r y *

DB: BOMCO_3-2-2015.MDB

Sum Name: SUMFILE



Date

No.

Gross Oil

Gross Gas

Net Oil

Net Gas

Oil

Gas

Wells

(Mbbl)

(MMcf)

(Mbbl)

(MMcf)

Price     PriceOil  Net.Rev    Gas Net.Rev

Other

$/Bbl     $/Mcf

(M$)

(M$)

Net.Rev

Total

(M$)

Net.Rev (M$)



12/2015

1.0

2.588

0.000

0.194

0.000     94.99

0.00

18.439

0.000

0.0

18.439



12/2016

1.0

2.524

0.000

0.189

0.000     94.99

0.00

17.985

0.000

0.0

17.985



12/2017

1.0

2.464

0.000

0.185

0.000     94.99

0.00

17.553

0.000

0.0

17.553



12/2018

1.0

2.406

0.000

0.180

0.000     94.99

0.00

17.141

0.000

0.0

17.141



12/2019

1.0

2.351

0.000

0.176

0.000     94.99

0.00

16.748

0.000

0.0

16.748



12/2020

1.0

2.298

0.000

0.172

0.000     94.99

0.00

16.373

0.000

0.0

16.373



12/2021

1.0

2.248

0.000

0.169

0.000     94.99

0.00

16.014

0.000

0.0

16.014



12/2022

1.0

2.200

0.000

0.165

0.000     94.99

0.00

15.670

0.000

0.0

15.670



12/2023

1.0

2.153

0.000

0.162

0.000     94.99

0.00

15.341

0.000

0.0

15.341



12/2024

1.0

2.109

0.000

0.158

0.000     94.99

0.00

15.026

0.000

0.0

15.026



12/2025

1.0

2.067

0.000

0.155

0.000     94.99

0.00

14.723

0.000

0.0

14.723



12/2026

1.0

2.026

0.000

0.152

0.000     94.99

0.00

14.432

0.000

0.0

14.432



12/2027

1.0

1.986

0.000

0.149

0.000     94.99

0.00

14.152

0.000

0.0

14.152



12/2028

1.0

1.949

0.000

0.146

0.000     94.99

0.00

13.883

0.000

0.0

13.883



12/2029

1.0

1.912

0.000

0.143

0.000     94.99

0.00

13.624

0.000

0.0

13.624



12/2030

1.0

1.877

0.000

0.141

0.000     94.99

0.00

13.375

0.000

0.0

13.375



12/2031

1.0

1.844

0.000

0.138

0.000     94.99

0.00

13.134

0.000

0.0

13.134



12/2032

1.0

1.811

0.000

0.136

0.000     94.99

0.00

12.902

0.000

0.0

12.902



Rem.

39.180

0.000

2.939

0.000     94.99

0.00

279.130

0.000

0.0

279.130



Total

77.993

0.000

5.849

0.000     94.99

0.00

555.644

0.000

0.0

555.644



AdValorem     Operating

Total

Operational

Cumulative

10.0 Cum



& Prod Tax     Expenses

Expenses

Cash Flow

Tangible     IntangibleLeasehld

Cash Flow

Cash Flow

Disc. C.F.



Date

(M$)

(M$)

(M$)

(M$)

(M$)

(M$)

(M$)

(M$)

(M$)

(M$)



12/2015

1.376

2.254

3.630

14.809

0.00

0.00

0.00

14.809

14.809

14.072



12/2016

1.342

2.222

3.564

14.421

0.00

0.00

0.00

14.421

29.229

26.529



12/2017

1.310

2.192

3.502

14.051

0.00

0.00

0.00

14.051

43.280

37.564



12/2018

1.279

2.163

3.442

13.699

0.00

0.00

0.00

13.699

56.979

47.344



12/2019

1.250

2.135

3.385

13.363

0.00

0.00

0.00

13.363

70.342

56.016



12/2020

1.222

2.109

3.331

13.042

0.00

0.00

0.00

13.042

83.384

63.711



12/2021

1.195

2.084

3.279

12.735

0.00

0.00

0.00

12.735

96.119

70.542



12/2022

1.169

2.060

3.229

12.441

0.00

0.00

0.00

12.441

108.560

76.608



12/2023

1.145

2.037

3.181

12.160

0.00

0.00

0.00

12.160

120.720

81.998



12/2024

1.121

2.015

3.136

11.890

0.00

0.00

0.00

11.890

132.609

86.790



12/2025

1.099

1.993

3.092

11.631

0.00

0.00

0.00

11.631

144.240

91.051



12/2026

1.077

1.973

3.050

11.382

0.00

0.00

0.00

11.382

155.622

94.841



12/2027

1.056

1.953

3.009

11.143

0.00

0.00

0.00

11.143

166.765

98.215



12/2028

1.036

1.934

2.970

10.913

0.00

0.00

0.00

10.913

177.678

101.219



12/2029

1.017

1.916

2.933

10.691

0.00

0.00

0.00

10.691

188.370

103.894



12/2030

0.998

1.899

2.897

10.478

0.00

0.00

0.00

10.478

198.848

106.277



12/2031

0.980

1.882

2.862

10.272

0.00

0.00

0.00

10.272

209.120

108.401



12/2032

0.963

1.866

2.828

10.074

0.00

0.00

0.00

10.074

219.194

110.295



Rem.

20.829

31.110

51.939

227.191

0.00

0.00

0.00

227.191

227.191

18.565



Total

41.462

67.797

109.259

446.385

0.00

0.00

0.00

446.385

446.385

128.860



Oil

Gas

Present Worth Profile



Profitability Indicators

MBBLS

MMCF

(%)

(M$)



Payout (Yrs)

0.00

Prior

1,435.1

99.0

5.0

211.707



Discounted Payout (Yrs)

0.00

Proj.

78.0

0.0

10.0

128.860



DCF Rate of Return (%)

100.00

Ult.

1,513.1

99.0

15.0

92.107



Income/Investment

0.00

20.0

72.315



Disc Income/Disc Inv.

0.00

25.0

60.037



30.0

51.653



40.0

40.879



50.0

34.216



60.0

29.672



80.0

23.851



100.0

20.264

Page 3







Brenham PJ 10% WI POSS_2014

DATE: 03-22-2015



As of 1 / 2015

TIME: 13:52:08



* O n e  L i n e  S u m m a r y *

DB: BOMCO_3-2-2015.MDB

Sum Name: SUMFILE



Lease - Well / ID

Gross Oil

Gross Gas

Net Oil

Net Gas

Tot. Rev.

Tot. Exp.

Tot. CapitalCash Flow

Disc Cash



(MBbl)

(MMcf)

(MBbl)

(MMcf)

(M$)

(M$)

(M$)

(M$)

Flow (M$)

O.W.FORDYCE -  5



TXO03 003367

78.0

0.0

5.8

0.0

555.6

109.3

0.0

446.4

128.9



Total

78.0

0.0

5.8

0.0

555.6

109.3

0.0

446.4

128.9

Page 4







Brenham PJ 10% WI PROB_2014

DATE: 03-22-2015



* D a t a  R e p o r t *

TIME: 13:51:00

DB: BOMCO_3-2-2015.MDB

ID: TXO03 015950



Lease ID:

015950

Major Phase:     OIL

API #:4220131398

Status:

PROB



Lease Name:

INTERNATIONAL DISPOSAL CORP.



Well Name:

1



Field Name:

PIERCE JUNCTION

Formation Name:



Operator:

BOMCO USA, INC.



Title 1:

KINDER MORGAN TEXAS PIPELINE, LP



Title 2:

TEPPCO CRUDE OIL, L.P.

Export Code 1:

Export Code 2:

Export Code 3:



County:

HARRIS

ST:TX



Project Start Date:1/2015

Ending Month:

12

Disc. Rate %

10



Reserves Factor:100

Cash Flow Factor:100

Gas Shrink%

0

Gas Shrink (MCF/M)

0



Oil Prod Tax

Gas Prod Tax

Plant Prod Tax

Ad Valorem Tax



Initial %

4.6

7.5

.0

3.0



Months

360

360

360



Final %

.0

.0

.0



$/BBL or $/MCF

.00

.00

.00



Initial Oil Price Adj.:

0.00 $/BBL

Max Price:     120.00 $/BBLPlant Price:

.00 % Oil Price



Oil Price:

94.99 $/BBL

Esc%    0.0

Esc$     0.00

Months

360



Oil Price:

0.00 $/BBL

Esc%    0.0

Esc$     0.00

Months

360



Oil Price:

0.00 $/BBL

Esc%    0.0

Esc$     0.00

Months

360



Initial Gas Price Adj.:

0.00 $/MCF

Max Price:     12.00 $/MCFBTU

1000



Gas Price:     0.00 $/MCF

Esc%    0.0

Esc$     0.00

Months

360



Gas Price:     0.00 $/MCF

Esc%    0.0

Esc$     0.00

Months

360



Gas Price:     0.00 $/MCF

Esc%    0.0

Esc$     0.00

Months

360



Op Exp $/W/M:

0   Esc

0.0 %   For

30.00 Years

Esc

0.0 %

For

0.00 Years



Op Exp $/M:

800   Esc

0.0 %   For

30.00 Years

Months Delay    0



Op Exp $/BBL:

5.00   Esc

0.0 %   For

30.00 Years



Op Exp $/MCF:

0.00   Esc

0.0 %   For

30.00 Years



Op Exp $/B Wat:

0.00   Esc

0.0 %   For

30.00 Years



Mgmt Fee $/M:

0   Esc

0.0 %   % NLP    0.00



WI%

NRI% O

NRI% G

Mths

AMT



10.0000

7.5000

7.5000

480

0.00



100.0000

0.0000

0.0000

0

0.00



Investments - Gross     Lease Hold M$    0.000

Net Salvage M$     0.000



Escalation:

0.0 %

For

30.00 Years



Date

Tang M$

Intan M$

Risk %

Fed Tax Data



Rate %

34.00



Depr.

Decl. Bal



Depr.Life

7



Oil Units

Prod Start Date

GOR

No.Wells

Start ID



Monthly

1/ 2000

0.0

1



Type

N

Initial

Final

Decline

Time

Cum

Comments



HYP

1.0

139.2

67.2

2.780

456

43.136



0.0

0.0

0.0

0.000

0

0.000



0.0

0.0

0.0

0.000

0

0.000



Gas Units

Prod Start Date

YLD

No.Wells

Start ID

Plant Yld B/MM



Monthly

0.0

0

0.00



Type

N

Initial

Final

Decline

Time

Cum



0.0

0.0

0.0

0.000

0

0.000



0.0

0.0

0.0

0.000

0

0.000



0.0

0.0

0.0

0.000

0

0.000

Page 1







KINDER MORGAN TEXAS PIPELINE, LP

Brenham PJ 10% WI PROB_2014

DATE: 03-22-2015



TEPPCO CRUDE OIL, L.P.

As of 1 / 2015

TIME: 13:51:00

DB: BOMCO_3-2-2015.MDB

ID: TXO03 015950



Date

No.

Gross Oil

Gross Gas

Net Oil

Net Gas

Oil

Gas

Wells

(Mbbl)

(MMcf)

(Mbbl)

(MMcf)

Price     PriceOil  Net.Rev    Gas Net.Rev

Other

$/Bbl     $/Mcf

(M$)

(M$)

Net.Rev

Total

(M$)

Net.Rev (M$)



12/2015

1.0

1.162

0.000

0.087

0.000     94.99

0.00

8.280

0.000

0.0

8.280



12/2016

1.0

1.140

0.000

0.085

0.000     94.99

0.00

8.121

0.000

0.0

8.121



12/2017

1.0

1.118

0.000

0.084

0.000     94.99

0.00

7.967

0.000

0.0

7.967



12/2018

1.0

1.098

0.000

0.082

0.000     94.99

0.00

7.819

0.000

0.0

7.819



12/2019

1.0

1.078

0.000

0.081

0.000     94.99

0.00

7.677

0.000

0.0

7.677



12/2020

1.0

1.058

0.000

0.079

0.000     94.99

0.00

7.539

0.000

0.0

7.539



12/2021

1.0

1.040

0.000

0.078

0.000     94.99

0.00

7.407

0.000

0.0

7.407



12/2022

1.0

1.022

0.000

0.077

0.000     94.99

0.00

7.279

0.000

0.0

7.279



12/2023

1.0

1.004

0.000

0.075

0.000     94.99

0.00

7.155

0.000

0.0

7.155



12/2024

1.0

0.988

0.000

0.074

0.000     94.99

0.00

7.036

0.000

0.0

7.036



12/2025

1.0

0.971

0.000

0.073

0.000     94.99

0.00

6.920

0.000

0.0

6.920



12/2026

1.0

0.956

0.000

0.072

0.000     94.99

0.00

6.809

0.000

0.0

6.809



12/2027

1.0

0.941

0.000

0.071

0.000     94.99

0.00

6.700

0.000

0.0

6.700



12/2028

1.0

0.926

0.000

0.069

0.000     94.99

0.00

6.596

0.000

0.0

6.596



12/2029

1.0

0.912

0.000

0.068

0.000     94.99

0.00

6.494

0.000

0.0

6.494



12/2030

1.0

0.898

0.000

0.067

0.000     94.99

0.00

6.395

0.000

0.0

6.395



12/2031

1.0

0.884

0.000

0.066

0.000     94.99

0.00

6.300

0.000

0.0

6.300



12/2032

1.0

0.871

0.000

0.065

0.000     94.99

0.00

6.207

0.000

0.0

6.207



Rem.

4.174

0.000

0.313

0.000     94.99

0.00

29.733

0.000

0.0

29.733



Total

22.239

0.000

1.668

0.000     94.99

0.00

158.435

0.000

0.0

158.435



AdValorem     Operating

Total

Operational

Cumulative

10.0 Cum



& Prod Tax     Expenses

Expenses

Cash Flow

Tangible     IntangibleLeasehld

Cash Flow

Cash Flow

Disc. C.F.



Date

(M$)

(M$)

(M$)

(M$)

(M$)

(M$)

(M$)

(M$)

(M$)

(M$)



12/2015

0.618

1.541

2.159

6.121

0.00

0.00

0.00

6.121

6.121

5.816



12/2016

0.606

1.530

2.136

5.985

0.00

0.00

0.00

5.985

12.106

10.986



12/2017

0.594

1.519

2.114

5.853

0.00

0.00

0.00

5.853

17.959

15.583



12/2018

0.583

1.509

2.092

5.727

0.00

0.00

0.00

5.727

23.686

19.671



12/2019

0.573

1.499

2.072

5.605

0.00

0.00

0.00

5.605

29.291

23.309



12/2020

0.563

1.489

2.052

5.488

0.00

0.00

0.00

5.488

34.779

26.547



12/2021

0.553

1.480

2.033

5.374

0.00

0.00

0.00

5.374

40.153

29.429



12/2022

0.543

1.471

2.014

5.265

0.00

0.00

0.00

5.265

45.418

31.996



12/2023

0.534

1.462

1.996

5.159

0.00

0.00

0.00

5.159

50.578

34.283



12/2024

0.525

1.454

1.979

5.057

0.00

0.00

0.00

5.057

55.635

36.321



12/2025

0.516

1.446

1.962

4.958

0.00

0.00

0.00

4.958

60.593

38.138



12/2026

0.508

1.438

1.946

4.863

0.00

0.00

0.00

4.863

65.456

39.757



12/2027

0.500

1.430

1.930

4.770

0.00

0.00

0.00

4.770

70.226

41.201



12/2028

0.492

1.423

1.915

4.680

0.00

0.00

0.00

4.680

74.907

42.490



12/2029

0.485

1.416

1.900

4.594

0.00

0.00

0.00

4.594

79.500

43.639



12/2030

0.477

1.409

1.886

4.509

0.00

0.00

0.00

4.509

84.010

44.665



12/2031

0.470

1.402

1.872

4.428

0.00

0.00

0.00

4.428

88.437

45.580



12/2032

0.463

1.396

1.859

4.348

0.00

0.00

0.00

4.348

92.785

46.398



Rem.

2.219

6.887

9.105

20.628

0.00

0.00

0.00

20.628

20.628

2.950



Total

11.822

33.199

45.022

113.413

0.00

0.00

0.00

113.413

113.413

49.347



Profitability Indicators

Interests

(%)

Reversion

Oil

Gas

Present Worth Profile

Points(Yrs)

MBBLS

MMCF

(%)

(M$)



Payout (Yrs)

0.00

Initial W.I.

10.0000

Prior

31.6

0.9

5.0

70.854



Discounted Payout (Yrs)

0.00

Final W.I.

10.0000

Proj.

22.2

0.0

10.0

49.347



DCF Rate of Return (%)

100.00

Initial NRI Oil

7.5000

Ult.

53.8

0.9

15.0

37.282



Income/Investment

0.00

Final NRI Oil

7.5000

20.0

29.873



Disc Income/Disc Inv.

0.00

Initial NRI Gas

7.5000

25.0

24.970



Project Life (Yrs)

23.00

Final NRI Gas

7.5000

30.0

21.522



40.0

17.027



INTERNATIONAL DISPOSAL CORP.

HARRIS

50.0

14.236



1

TX

60.0

12.334



PIERCE JUNCTION

BOMCO USA, INC.

80.0

9.901



100.0

8.405

Page 2







Brenham PJ 10% WI PROB_2014

DATE: 03-22-2015



* D a t a  R e p o r t *

TIME: 13:51:00

DB: BOMCO_3-2-2015.MDB

ID: TXO03 003358



Lease ID:

003358

Major Phase:     OIL

API #:4220104795

Status:

PROB



Lease Name:

SETTEGAST, J. J. -A-



Well Name:

41



Field Name:

PIERCE JUNCTION

Formation Name:



Operator:

BOMCO USA, INC.



Title 1:

KINDER MORGAN TEXAS PIPELINE, LP



Title 2:

TEPPCO CRUDE OIL, L.P.

Export Code 1:

Export Code 2:

Export Code 3:



County:

HARRIS

ST:TX



Project Start Date:1/2015

Ending Month:

12

Disc. Rate %

10



Reserves Factor:100

Cash Flow Factor:100

Gas Shrink%

0

Gas Shrink (MCF/M)

0



Oil Prod Tax

Gas Prod Tax

Plant Prod Tax

Ad Valorem Tax



Initial %

4.6

7.5

.0

3.0



Months

360

360

360



Final %

.0

.0

.0



$/BBL or $/MCF

.00

.00

.00



Initial Oil Price Adj.:

0.00 $/BBL

Max Price:     120.00 $/BBLPlant Price:

.00 % Oil Price



Oil Price:

94.99 $/BBL

Esc%    0.0

Esc$     0.00

Months

360



Oil Price:

0.00 $/BBL

Esc%    0.0

Esc$     0.00

Months

360



Oil Price:

0.00 $/BBL

Esc%    0.0

Esc$     0.00

Months

360



Initial Gas Price Adj.:

0.00 $/MCF

Max Price:     12.00 $/MCFBTU

1000



Gas Price:     0.00 $/MCF

Esc%    0.0

Esc$     0.00

Months

360



Gas Price:     0.00 $/MCF

Esc%    0.0

Esc$     0.00

Months

360



Gas Price:     0.00 $/MCF

Esc%    0.0

Esc$     0.00

Months

360



Op Exp $/W/M:

0   Esc

0.0 %   For

30.00 Years

Esc

0.0 %

For

0.00 Years



Op Exp $/M:

800   Esc

0.0 %   For

30.00 Years

Months Delay    0



Op Exp $/BBL:

5.00   Esc

0.0 %   For

30.00 Years



Op Exp $/MCF:

0.00   Esc

0.0 %   For

30.00 Years



Op Exp $/B Wat:

0.00   Esc

0.0 %   For

30.00 Years



Mgmt Fee $/M:

0   Esc

0.0 %   % NLP    0.00



WI%

NRI% O

NRI% G

Mths

AMT



10.0000

7.5000

7.5000

480

0.00



100.0000

0.0000

0.0000

0

0.00



Investments - Gross     Lease Hold M$    0.000

Net Salvage M$     0.000



Escalation:

0.0 %

For

30.00 Years



Date

Tang M$

Intan M$

Risk %

Fed Tax Data



Rate %

34.00



Depr.

Decl. Bal



Depr.Life

7



Oil Units

Prod Start Date

GOR

No.Wells

Start ID



Monthly

7/ 2012

0.0

1



Type

N

Initial

Final

Decline

Time

Cum

Comments



HYP

1.0

823.3

178.0

4.660

909

316.225



0.0

0.0

0.0

0.000

0

0.000



0.0

0.0

0.0

0.000

0

0.000



Gas Units

Prod Start Date

YLD

No.Wells

Start ID

Plant Yld B/MM



Monthly

0.0

0

0.00



Type

N

Initial

Final

Decline

Time

Cum



0.0

0.0

0.0

0.000

0

0.000



0.0

0.0

0.0

0.000

0

0.000



0.0

0.0

0.0

0.000

0

0.000

Page 3







KINDER MORGAN TEXAS PIPELINE, LP

Brenham PJ 10% WI PROB_2014

DATE: 03-22-2015



TEPPCO CRUDE OIL, L.P.

As of 1 / 2015

TIME: 13:51:00

DB: BOMCO_3-2-2015.MDB

ID: TXO03 003358



Date

No.

Gross Oil

Gross Gas

Net Oil

Net Gas

Oil

Gas

Wells

(Mbbl)

(MMcf)

(Mbbl)

(MMcf)

Price     PriceOil  Net.Rev    Gas Net.Rev

Other

$/Bbl     $/Mcf

(M$)

(M$)

Net.Rev

Total

(M$)

Net.Rev (M$)



12/2015

1.0

8.642

0.000

0.648

0.000     94.99

0.00

61.566

0.000

0.0

61.566



12/2016

1.0

8.295

0.000

0.622

0.000     94.99

0.00

59.094

0.000

0.0

59.094



12/2017

1.0

7.975

0.000

0.598

0.000     94.99

0.00

56.812

0.000

0.0

56.812



12/2018

1.0

7.678

0.000

0.576

0.000     94.99

0.00

54.701

0.000

0.0

54.701



12/2019

1.0

7.403

0.000

0.555

0.000     94.99

0.00

52.740

0.000

0.0

52.740



12/2020

1.0

7.147

0.000

0.536

0.000     94.99

0.00

50.915

0.000

0.0

50.915



12/2021

1.0

6.908

0.000

0.518

0.000     94.99

0.00

49.212

0.000

0.0

49.212



12/2022

1.0

6.684

0.000

0.501

0.000     94.99

0.00

47.620

0.000

0.0

47.620



12/2023

1.0

6.475

0.000

0.486

0.000     94.99

0.00

46.127

0.000

0.0

46.127



12/2024

1.0

6.278

0.000

0.471

0.000     94.99

0.00

44.725

0.000

0.0

44.725



12/2025

1.0

6.093

0.000

0.457

0.000     94.99

0.00

43.405

0.000

0.0

43.405



12/2026

1.0

5.918

0.000

0.444

0.000     94.99

0.00

42.161

0.000

0.0

42.161



12/2027

1.0

5.753

0.000

0.431

0.000     94.99

0.00

40.987

0.000

0.0

40.987



12/2028

1.0

5.597

0.000

0.420

0.000     94.99

0.00

39.876

0.000

0.0

39.876



12/2029

1.0

5.449

0.000

0.409

0.000     94.99

0.00

38.823

0.000

0.0

38.823



12/2030

1.0

5.309

0.000

0.398

0.000     94.99

0.00

37.825

0.000

0.0

37.825



12/2031

1.0

5.176

0.000

0.388

0.000     94.99

0.00

36.877

0.000

0.0

36.877



12/2032

1.0

5.050

0.000

0.379

0.000     94.99

0.00

35.975

0.000

0.0

35.975



Rem.

175.065

0.000

13.130

0.000     94.99

0.00

1,247.205

0.000

0.0

1,247.205



Total

292.893

0.000

21.967

0.000     94.99

0.00

2,086.645

0.000

0.0

2,086.645



AdValorem     Operating

Total

Operational

Cumulative

10.0 Cum



& Prod Tax     Expenses

Expenses

Cash Flow

Tangible     IntangibleLeasehld

Cash Flow

Cash Flow

Disc. C.F.



Date

(M$)

(M$)

(M$)

(M$)

(M$)

(M$)

(M$)

(M$)

(M$)

(M$)



12/2015

4.594

5.281

9.875

51.691

0.00

0.00

0.00

51.691

51.691

49.125



12/2016

4.410

5.107

9.517

49.577

0.00

0.00

0.00

49.577

101.268

91.957



12/2017

4.239

4.947

9.187

47.626

0.00

0.00

0.00

47.626

148.894

129.363



12/2018

4.082

4.799

8.881

45.820

0.00

0.00

0.00

45.820

194.714

162.078



12/2019

3.935

4.661

8.597

44.143

0.00

0.00

0.00

44.143

238.857

190.730



12/2020

3.799

4.533

8.333

42.583

0.00

0.00

0.00

42.583

281.439

215.856



12/2021

3.672

4.414

8.086

41.126

0.00

0.00

0.00

41.126

322.565

237.917



12/2022

3.553

4.302

7.855

39.764

0.00

0.00

0.00

39.764

362.330

257.308



12/2023

3.442

4.197

7.639

38.487

0.00

0.00

0.00

38.487

400.817

274.370



12/2024

3.337

4.099

7.436

37.288

0.00

0.00

0.00

37.288

438.105

289.398



12/2025

3.239

4.006

7.245

36.160

0.00

0.00

0.00

36.160

474.265

302.646



12/2026

3.146

3.919

7.065

35.096

0.00

0.00

0.00

35.096

509.361

314.335



12/2027

3.058

3.837

6.895

34.092

0.00

0.00

0.00

34.092

543.453

324.657



12/2028

2.976

3.759

6.734

33.142

0.00

0.00

0.00

33.142

576.595

333.779



12/2029

2.897

3.685

6.582

32.242

0.00

0.00

0.00

32.242

608.836

341.847



12/2030

2.823

3.615

6.437

31.388

0.00

0.00

0.00

31.388

640.224

348.987



12/2031

2.752

3.548

6.300

30.577

0.00

0.00

0.00

30.577

670.801

355.311



12/2032

2.684

3.485

6.169

29.806

0.00

0.00

0.00

29.806

700.607

360.914



Rem.

93.066

99.052

192.119

1,055.086

0.00

0.00

0.00

1,055.086

1,055.086

76.541



Total

155.706

175.247

330.952

1,755.693

0.00

0.00

0.00

1,755.693

1,755.693

437.455



Profitability Indicators

Interests

(%)

Reversion

Oil

Gas

Present Worth Profile

Points(Yrs)

MBBLS

MMCF

(%)

(M$)



Payout (Yrs)

0.00

Initial W.I.

10.0000

Prior

103.0

0.2

5.0

756.039



Discounted Payout (Yrs)

0.00

Final W.I.

10.0000

Proj.

292.9

0.0

10.0

437.455



DCF Rate of Return (%)

100.00

Initial NRI Oil

7.5000

Ult.

395.9

0.2

15.0

307.722



Income/Investment

0.00

Final NRI Oil

7.5000

20.0

241.379



Disc Income/Disc Inv.

0.00

Initial NRI Gas

7.5000

25.0

201.125



Project Life (Yrs)

30.00

Final NRI Gas

7.5000

30.0

173.787



40.0

138.540



SETTEGAST, J. J. -A-

HARRIS

50.0

116.556



41

TX

60.0

101.451



PIERCE JUNCTION

BOMCO USA, INC.

80.0

81.953



100.0

69.848

Page 4







Brenham PJ 10% WI PROB_2014

DATE: 03-22-2015



As of 1 / 2015

TIME: 13:51:00



* S u m m a r y *

DB: BOMCO_3-2-2015.MDB

Sum Name: SUMFILE



Date

No.

Gross Oil

Gross Gas

Net Oil

Net Gas

Oil

Gas

Wells

(Mbbl)

(MMcf)

(Mbbl)

(MMcf)

Price     PriceOil  Net.Rev    Gas Net.Rev

Other

$/Bbl     $/Mcf

(M$)

(M$)

Net.Rev

Total

(M$)

Net.Rev (M$)



12/2015

2.0

9.804

0.000

0.735

0.000     94.99

0.00

69.846

0.000

0.0

69.846



12/2016

2.0

9.435

0.000

0.708

0.000     94.99

0.00

67.214

0.000

0.0

67.214



12/2017

2.0

9.093

0.000

0.682

0.000     94.99

0.00

64.779

0.000

0.0

64.779



12/2018

2.0

8.776

0.000

0.658

0.000     94.99

0.00

62.520

0.000

0.0

62.520



12/2019

2.0

8.480

0.000

0.636

0.000     94.99

0.00

60.417

0.000

0.0

60.417



12/2020

2.0

8.205

0.000

0.615

0.000     94.99

0.00

58.455

0.000

0.0

58.455



12/2021

2.0

7.947

0.000

0.596

0.000     94.99

0.00

56.619

0.000

0.0

56.619



12/2022

2.0

7.706

0.000

0.578

0.000     94.99

0.00

54.899

0.000

0.0

54.899



12/2023

2.0

7.479

0.000

0.561

0.000     94.99

0.00

53.282

0.000

0.0

53.282



12/2024

2.0

7.265

0.000

0.545

0.000     94.99

0.00

51.761

0.000

0.0

51.761



12/2025

2.0

7.064

0.000

0.530

0.000     94.99

0.00

50.326

0.000

0.0

50.326



12/2026

2.0

6.874

0.000

0.516

0.000     94.99

0.00

48.970

0.000

0.0

48.970



12/2027

2.0

6.694

0.000

0.502

0.000     94.99

0.00

47.687

0.000

0.0

47.687



12/2028

2.0

6.523

0.000

0.489

0.000     94.99

0.00

46.471

0.000

0.0

46.471



12/2029

2.0

6.361

0.000

0.477

0.000     94.99

0.00

45.317

0.000

0.0

45.317



12/2030

2.0

6.207

0.000

0.466

0.000     94.99

0.00

44.221

0.000

0.0

44.221



12/2031

2.0

6.061

0.000

0.455

0.000     94.99

0.00

43.177

0.000

0.0

43.177



12/2032

2.0

5.921

0.000

0.444

0.000     94.99

0.00

42.182

0.000

0.0

42.182



Rem.

179.238

0.000

13.443

0.000     94.99

0.00

1,276.938

0.000

0.0

1,276.938



Total

315.132

0.000

23.635

0.000     94.99

0.00

2,245.080

0.000

0.0

2,245.080



AdValorem     Operating

Total

Operational

Cumulative

10.0 Cum



& Prod Tax     Expenses

Expenses

Cash Flow

Tangible     IntangibleLeasehld

Cash Flow

Cash Flow

Disc. C.F.



Date

(M$)

(M$)

(M$)

(M$)

(M$)

(M$)

(M$)

(M$)

(M$)

(M$)



12/2015

5.212

6.822

12.034

57.812

0.00

0.00

0.00

57.812

57.812

54.941



12/2016

5.016

6.637

11.653

55.561

0.00

0.00

0.00

55.561

113.374

102.943



12/2017

4.834

6.466

11.300

53.479

0.00

0.00

0.00

53.479

166.853

144.945



12/2018

4.665

6.308

10.973

51.547

0.00

0.00

0.00

51.547

218.400

181.749



12/2019

4.508

6.160

10.669

49.748

0.00

0.00

0.00

49.748

268.148

214.039



12/2020

4.362

6.023

10.384

48.070

0.00

0.00

0.00

48.070

316.218

242.403



12/2021

4.225

5.894

10.119

46.501

0.00

0.00

0.00

46.501

362.719

267.346



12/2022

4.097

5.773

9.869

45.029

0.00

0.00

0.00

45.029

407.748

289.305



12/2023

3.976

5.659

9.635

43.647

0.00

0.00

0.00

43.647

451.395

308.654



12/2024

3.862

5.553

9.415

42.345

0.00

0.00

0.00

42.345

493.740

325.719



12/2025

3.755

5.452

9.207

41.118

0.00

0.00

0.00

41.118

534.858

340.783



12/2026

3.654

5.357

9.011

39.959

0.00

0.00

0.00

39.959

574.817

354.092



12/2027

3.558

5.267

8.825

38.862

0.00

0.00

0.00

38.862

613.679

365.858



12/2028

3.468

5.181

8.649

37.822

0.00

0.00

0.00

37.822

651.501

376.269



12/2029

3.382

5.100

8.482

36.835

0.00

0.00

0.00

36.835

688.337

385.486



12/2030

3.300

5.024

8.323

35.897

0.00

0.00

0.00

35.897

724.234

393.652



12/2031

3.222

4.950

8.172

35.005

0.00

0.00

0.00

35.005

759.238

400.891



12/2032

3.148

4.880

8.028

34.154

0.00

0.00

0.00

34.154

793.392

407.312



Rem.

95.285

105.939

201.224

1,075.714

0.00

0.00

0.00

1,075.714

1,075.714

79.491



Total

167.528

208.446

375.974

1,869.106

0.00

0.00

0.00

1,869.106

1,869.106

486.802



Oil

Gas

Present Worth Profile



Profitability Indicators

MBBLS

MMCF

(%)

(M$)



Payout (Yrs)

0.00

Prior

134.6

1.1

5.0

826.894



Discounted Payout (Yrs)

0.00

Proj.

315.1

0.0

10.0

486.802



DCF Rate of Return (%)

100.00

Ult.

449.7

1.1

15.0

345.004



Income/Investment

0.00

20.0

271.253



Disc Income/Disc Inv.

0.00

25.0

226.095



30.0

195.309



40.0

155.568



50.0

130.792



60.0

113.784



80.0

91.854



100.0

78.253

Page 5







Brenham PJ 10% WI PROB_2014

DATE: 03-22-2015



As of 1 / 2015

TIME: 13:51:00



* O n e  L i n e  S u m m a r y *

DB: BOMCO_3-2-2015.MDB

Sum Name: SUMFILE



Lease - Well / ID

Gross Oil

Gross Gas

Net Oil

Net Gas

Tot. Rev.

Tot. Exp.

Tot. CapitalCash Flow

Disc Cash



(MBbl)

(MMcf)

(MBbl)

(MMcf)

(M$)

(M$)

(M$)

(M$)

Flow (M$)

SETTEGAST, J. J. -A- -  41



TXO03 003358

292.9

0.0

22.0

0.0

2,086.6

331.0

0.0

1,755.7

437.5

INTERNATIONAL DISPOSAL CORP. -  1



TXO03 015950

22.2

0.0

1.7

0.0

158.4

45.0

0.0

113.4

49.3



Total

315.1

0.0

23.6

0.0

2,245.1

376.0

0.0

1,869.1

486.8

Page 6