TENGASCO, INC.


                                   Estimated

                           Future Reserves and Income

                            Attributable to Certain

                        Leasehold and Royalty Interests


                                    SEC Case


                                     As of

                               December 31, 2000




                 RYDER SCOTT COMPANY   PETROLEUM CONSULTANTS

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                               TABLE OF CONTENTS

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                                 TENGASCO, INC.

                                TABLE OF CONTENTS



 DISCUSSION

 RESERVE DEFINITIONS


                                                                      TABLE NO.
                                                                      ---------

 PROPERTY RANKING   --------------------------------------------------      A

 SUMMARY OF GROSS AND NET RESERVE AND INCOME DATA   ------------------      B

 SUMMARY OF INITIAL BASIC DATA   -------------------------------------      C



 GRAND SUMMARIES
 ---------------
    TOTAL PROVED ALL CATEGORIES   ------------------------------------      1
    PROVED PRODUCING   -----------------------------------------------      2
    PROVED SHUT-IN   -------------------------------------------------      3
    PROVED BEHIND PIPE   ---------------------------------------------      4
    PROVED UNDEVELOPED   ---------------------------------------------      5
    TOTAL PROBABLE UNDEVELOPED   -------------------------------------      6
    TOTAL POSSIBLE UNDEVELOPED   -------------------------------------      7

 STATE SUMMARIES - KANSAS
    TOTAL PROVED ALL CATEGORIES   ------------------------------------      8
    PROVED PRODUCING   -----------------------------------------------      9
    PROVED BEHIND PIPE   ---------------------------------------------     10
    PROVED UNDEVELOPED   ---------------------------------------------     11
    TOTAL PROBABLE UNDEVELOPED   -------------------------------------     12

 ARPIN SOUTH FIELD, ROOKS CO., KANSAS
    THYFAULT  (ARBUCKLE) - PROVED PRODUCING   ------------------------     13

 ASH CREEK FIELD, BARTON CO., KANSAS
    UNRUH  (ARBUCKLE) - PROVED PRODUCING   ---------------------------     14

 AXELSON FIELD, ROOKS CO., KANSAS
    AXELSON #1  (LANSING) - PROVED PRODUCING   -----------------------     15

 BEISEL FIELD, RUSSELL CO., KANSAS
    BEISEL  (ARBUCKLE) - PROVED PRODUCING   --------------------------     16
    BEISEL #9 PUD  (ARBUCKLE) - PROVED UNDEVELOPED   -----------------     17

 BIELMAN FIELD, ELLIS CO., KANSAS
    GRASS  (ARBUCKLE) - PROVED PRODUCING   ---------------------------     18


                 RYDER SCOTT COMPANY   PETROLEUM CONSULTANTS

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                                TENGASCO, INC.

                           TABLE OF CONTENTS (CONT'D)


                                                                      TABLE NO.
                                                                      ---------

 CARPENTER FIELD, EDWARDS CO., KANSAS
    HENNING  (LNSG-PSLV) - PROVED PRODUCING   ------------------------     19

 CARROLL FIELD, BARTON CO., KANSAS
    KEENAN -B-  (ABCK-KSSC-LNSG) - PROVED PRODUCING   ----------------     20

 CENTERVIEW FIELD, STAFFORD CO., KANSAS
    BECKERDITE #1  (ARBUCKLE) - PROVED PRODUCING   -------------------     21

 CHASE-SILICA FIELD, BARTON CO., KANSAS
    LANDER #1 - PROVED PRODUCING -------------------------------------     22
    LANDER #3 PBUD (ARBUCKLE) - PROBABLE UNDEVELOPED -----------------     23
    ROSE, CHARLES - PROVED PRODUCING ---------------------------------     24

 CHEYENNE FIELD, BARTON CO., KANSAS
    HAMMEKE  (SIMPSON) - PROVED PRODUCING   --------------------------     25

 CONVERSE FIELD, BARTON CO., KANSAS
    IANNITTI  (ARBUCKLE) - PROVED PRODUCING   ------------------------     26
    IANNITTI #9 PUD  (ARBUCKLE) - PROVED UNDEVELOPED   ---------------     27

 COOPER FIELD, GRAHAM CO., KANSAS
    DEYOUNG  (ABCK-TOPK) - PROVED PRODUCING   ------------------------     28
    LEWIS -A-  (LANSING) - PROVED PRODUCING   ------------------------     29

 DAVIDSON FIELD, RUSSELL CO., KANSAS
    FOSTER  (ARBUCKLE) - PROVED PRODUCING   --------------------------     30

 DISTRICT 57 FIELD, ELLIS CO., KANSAS
    FLAX -F-  (KSSC-LNSG) - PROVED PRODUCING   -----------------------     31

 DUNES NORTH FIELD, PAWNEE CO., KANSAS
    BARSTOW  (KSSC-LNSG) - PROVED PRODUCING   ------------------------     32
    LOVETT  (LANSING) - PROVED PRODUCING   ---------------------------     33

 ELLIS NW FIELD, TREGO CO., KANSAS
    BAUGHER #1  (ARBUCKLE) - PROVED PRODUCING   ----------------------     34

 FICKEN FIELD, RUSH CO., KANSAS
    SCHWINDT FARMS  (LANSING) - PROVED PRODUCING   -------------------     35

 GATES NORTH FIELD, STAFFORD CO., KANSAS
    HOFFMAN  (ARBUCKLE) - PROVED PRODUCING   -------------------------     36
    SCHULZ  (ARBUCKLE) - PROVED PRODUCING   --------------------------     37


                 RYDER SCOTT COMPANY   PETROLEUM CONSULTANTS

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                                TENGASCO, INC.

                           TABLE OF CONTENTS (CONT'D)


                                                                      TABLE NO.
                                                                      ---------

 GIESICK FIELD, RUSH CO., KANSAS
    GIESICK #2  (TOPEKA) - PROVED PRODUCING   ------------------------     38

 GOTTSCHALK FIELD, ELLIS CO., KANSAS
    WERTH #1  (OREAD & TOPEKA) - PROVED PRODUCING   ------------------     39

 HERMAN FIELD, BARTON CO., KANSAS
    KARST  (LANSING) - PROVED PRODUCING   ----------------------------     40

 HOBROCK FIELD, OSBORNE CO., KANSAS
    HOBROCK  (PENNSYLVANIAN) - PROVED PRODUCING   --------------------     41
    HOGAN  (PENNSYLVANIAN) - PROVED PRODUCING   ----------------------     42

 IRVIN FIELD, ELLIS CO., KANSAS
    KINDERKNECHT -B-  (ARBUCKLE) - PROVED PRODUCING   ----------------     43

 KRAUS FIELD, ELLIS CO., KANSAS
    KRAUS -A- - PROVED PRODUCING   -----------------------------------     44
    KRAUS -B-  (ARBUCKLE) - PROVED PRODUCING   -----------------------     45
    KRAUS -I-  (ABCK-KSSC-LNSG) - PROVED PRODUCING   -----------------     46

 LEIKER EAST FIELD, ELLIS CO., KANSAS
    LEIKER  (KSSC-LNSG) - PROVED PRODUCING   -------------------------     47

 LEONHARDT SOUTHEAST FIELD, ELLIS CO., KANSAS
    KRAUS #1  (KSSC-LNSG) - PROVED PRODUCING   -----------------------     48

 LIEBENTHAL FIELD, RUSH CO., KANSAS
    DECHANT -B- #2 (KANSAS CITY) - PROVED PRODUCING ------------------     49
    GRAHAM #1 (KC-LANSING) - PROVED PRODUCING ------------------------     50
    LEGLEITER -B- #1 (KSSC-LNSG) - PROVED PRODUCING ------------------     51
    LEGLEITER -C- #1 (PLEASONTON) - PROVED PRODUCING -----------------     52

 LITTLE RIO FIELD, RICE CO., KANSAS
    WHITEMAN-HOLLAND  (KSSC-LNSG-MSSP) - PROVED PRODUCING   ----------     53

 MARCOTTE FIELD, ROOKS CO., KANSAS
    CROFFOOT (ARBUCKLE) - PROVED PRODUCING ---------------------------     54
    CROFFOOT -A- (ARBUCKLE) - PROVED PRODUCING -----------------------     55
    CROFFOOT -B- (ARBUCKLE) - PROVED PRODUCING -----------------------     56
    CROFFOOT -C- (ARBUCKLE) - PROVED PRODUCING -----------------------     57
    DICK (ARBUCKLE) - PROVED PRODUCING -------------------------------     58


                 RYDER SCOTT COMPANY   PETROLEUM CONSULTANTS

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                                TENGASCO, INC.

                           TABLE OF CONTENTS (CONT'D)


                                                                      TABLE NO.
                                                                      ---------
 MCHALE FIELD, ROOKS CO., KANSAS
    HARRISON -A- (ARBUCKLE) - PROVED PRODUCING -----------------------     59
    HILGERS -B- (ARBUCKLE) - PROVED PRODUCING ------------------------     60
    KABA #1 (ARBUCKLE-LANSING-T) - PROVED PRODUCING ------------------     61

 OMLOR FIELD, STAFFORD CO., KANSAS
    MILLER  (KSSC-LNSG) - PROVED PRODUCING   -------------------------     62
    WILLIAMS  (KSSC-LNSG) - PROVED PRODUCING   -----------------------     63

 OTIS-ALBERT FIELD, RUSH CO., KANSAS
    HARTMAN #1-C  (PENNSYLVANIAN) - PROVED PRODUCING   ---------------     64

 PARADISE CREEK FIELD, ROOKS CO., KANSAS
    STAHL  (ARBUCKLE) - PROVED PRODUCING   ---------------------------     65
    STAHL #7 PUD  (ARBUCKLE) - PROVED UNDEVELOPED   ------------------     66

 PAWNEE ROCK FIELD, PAWNEE CO., KANSAS
    O'SCHULTZ #1 (ARBUCKLE) - PROVED PRODUCING -----------------------     67
    OETKIN (ARBUCKLE) - PROVED PRODUCING -----------------------------     68
    OETKIN #8 PBUD (ARBUCKLE) - PROBABLE UNDEVELOPED -----------------     69

 PLAINVILLE FIELD, ROOKS CO., KANSAS
    ANDERSON -A-  (LANSING) - PROVED PRODUCING   ---------------------     70
    BARDOT #2  (KSSC-LNSG) - PROVED PRODUCING   ----------------------     71
    GARVERT #1-A  (KANSAS CITY) - PROVED PRODUCING   -----------------     72
    GARVERT -B- #1  (CNGL-LNSG-PLSN) - PROVED PRODUCING   ------------     73
    HARRISON -C-  (LANSING) - PROVED PRODUCING   ---------------------     74
    JACO  (LANSING) - PROVED PRODUCING   -----------------------------     75
    ROSS  (LANSING) - PROVED PRODUCING   -----------------------------     76

 PLEASANT FIELD, RUSH CO., KANSAS
    BASGALL -C- #4  (DOVER) - PROVED PRODUCING   ---------------------     77

 PLEASANT FIELD, ELLIS CO., KANSAS
    HONAS #1-A  (ARBUCKLE) - PROVED PRODUCING   ----------------------     78

 PLEASANT VIEW FIELD, RUSH CO., KANSAS
    URBAN -K-  (KSSC-LNSG) - PROVED PRODUCING   ----------------------     79
    URBAN -K- #5 BP  (DOVER) - PROVED BEHIND PIPE   ------------------     80

 PLEASANT VIEW NW FIELD, RUSH CO., KANSAS
    URBAN (KSSC-LNSG) - PROVED PRODUCING -----------------------------     81
    URBAN #6 PUD (KSSC-LNSG) - PROVED UNDEVELOPED --------------------     82
    URBAN #7 PUD (KSSC-LNSG) - PROVED UNDEVELOPED --------------------     83


                 RYDER SCOTT COMPANY   PETROLEUM CONSULTANTS

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                                TENGASCO, INC.

                           TABLE OF CONTENTS (CONT'D)


                                                                      TABLE NO.
                                                                      ---------
 REICHEL FIELD, RUSH CO., KANSAS
    ALLEN #1 A&D  (SHAWNEE) - PROVED PRODUCING   ---------------------     84
    APPL #1  (TOPEKA) - PROVED PRODUCING   ---------------------------     85
    APPL #2  (TOPEKA) - PROVED PRODUCING   ---------------------------     86
    BEAHM #1  (LANSING) - PROVED PRODUCING   -------------------------     87
    BIEBER #1  (TOPEKA) - PROVED PRODUCING   -------------------------     88
    BIEBER -A- #1  (TOPEKA) - PROVED PRODUCING   ---------------------     89
    BRACK -A- #3  (GRANITE WASH) - PROVED PRODUCING   ----------------     90
    BREIT #1  (TOPEKA) - PROVED PRODUCING   --------------------------     91
    BREIT-HOLZMEISTER -B-  (TOPEKA) - PROVED PRODUCING   -------------     92
    DECKER -A- #1  (SHAWNEE) - PROVED PRODUCING   --------------------     93
    EDWARDS #1  (LANSING) - PROVED PRODUCING   -----------------------     94
    ELDER #1  (TOPEKA) - PROVED PRODUCING   --------------------------     95
    FOOS #1  (LANSING) - PROVED PRODUCING   --------------------------     96
    FOOS -A- #1  (LANSING) - PROVED PRODUCING   ----------------------     97
    FRYE #2  (TOPEKA) - PROVED PRODUCING   ---------------------------     98
    GIESICK #1  (KANSAS CITY) - PROVED PRODUCING   -------------------     99
    GILLIG #1  (TOPEKA) - PROVED PRODUCING   -------------------------    100
    GRUMBEIN #1-A  (KSSC-LNSG) - PROVED PRODUCING   ------------------    101
    HANHARDT #1  (TOPEKA) - PROVED PRODUCING   -----------------------    102
    HANHARDT #1-A  (TOPEKA) - PROVED PRODUCING   ---------------------    103
    HANHARDT #1-A BP  (TOPEKA) - PROVED BEHIND PIPE   ----------------    104
    HOFFMAN #3  (CHASE) - PROVED PRODUCING   -------------------------    105
    HOLZMEISTER #1  (SHAWNEE) - PROVED PRODUCING   -------------------    106
    HOLZMEISTER #1-A - PROVED PRODUCING   ----------------------------    107
    HOLZMEISTER #1-B  (KC-LANSING) - PROVED PRODUCING   --------------    108
    HONDERICK #1-C  (LANSING) - PROVED PRODUCING   -------------------    109
    HOOFER #1  (KSSC-LNSG) - PROVED PRODUCING   ----------------------    110
    JANSON #2-A  (SHAWNEE) - PROVED PRODUCING   ----------------------    111
    KAISER #1  (KSSC-LNSG) - PROVED PRODUCING   ----------------------    112
    KAISER #2  (TOPEKA) - PROVED PRODUCING   -------------------------    113
    KLEWENO #1  (TOPEKA) - PROVED PRODUCING   ------------------------    114
    KLEWENO -A- #1  (TOPEKA) - PROVED PRODUCING   --------------------    115
    KOBER #1  (KSSC-LNSG) - PROVED PRODUCING   -----------------------    116
    LEBSACK -A- #1  (KSSC-LNSG) - PROVED PRODUCING   -----------------    117
    LIPPERT #2  (KSSC-LNSG) - PROVED PRODUCING   ---------------------    118
    LIPPERT #3  (COTTONWOOD) - PROVED PRODUCING   --------------------    119
    LIPPERT #3 BP  (WINFIELD) - PROVED BEHIND PIPE   -----------------    120
    LIPPERT -B- #1  (PENNSYLVANIAN) - PROVED PRODUCING   -------------    121
    LIPPERT -B- #2 - PROVED PRODUCING   ------------------------------    122
    LIPPERT -C- #1  (TOPEKA) - PROVED PRODUCING   --------------------    123
    MCGILL #1  (SHAWNEE) - PROVED PRODUCING   ------------------------    124
    O'DELL #1  (SHAWNEE) - PROVED PRODUCING   ------------------------    125
    OCHS #1-A  (SHAWNEE) - PROVED PRODUCING   ------------------------    126
    PFEIFER -B- #1-B  (WABAUNSEE) - PROVED PRODUCING   ---------------    127
    RAU #1  (TOPEKA) - PROVED PRODUCING   ----------------------------    128


                 RYDER SCOTT COMPANY   PETROLEUM CONSULTANTS

<PAGE>

                                TENGASCO, INC.

                           TABLE OF CONTENTS (CONT'D)


                                                                      TABLE NO.
                                                                      ---------
 REICHEL FIELD, RUSH CO., KANSAS (CONT'D)
    REICHEL #1  (KANSAS CITY) - PROVED PRODUCING   -------------------    129
    ROTHE #1  (TOPEKA) - PROVED PRODUCING   --------------------------    130
    ROTHE, R. #1  (KANSAS CITY) - PROVED PRODUCING   -----------------    131
    SCHEUERMAN -A- #1  (GRWS-SHWN) - PROVED PRODUCING   --------------    132
    SCHLITTER #2  (PENNSYLVANIAN) - PROVED PRODUCING   ---------------    133
    SCHNEIDER #1  (KANSAS CITY) - PROVED PRODUCING   -----------------    134
    SHERWOOD #1  (SHAWNEE) - PROVED PRODUCING   ----------------------    135
    STEITZ -A- #1  (KANSAS CITY) - PROVED PRODUCING   ----------------    136
    STEITZ -B- #1  (TOPEKA) - PROVED PRODUCING   ---------------------    137
    THIELENHAUS #1  (TOPEKA) - PROVED PRODUCING   --------------------    138
    THIELENHAUS #1 BP  (TOPEKA) - PROVED BEHIND PIPE   ---------------    139
    TORREY #2  (KSSC-LNSG) - PROVED PRODUCING   ----------------------    140
    URBAN R & A #1  (WABAUNSEE) - PROVED PRODUCING   -----------------    141

 REICHEL EAST FIELD, RUSH CO., KANSAS
    BAHR #1  (KSSC-LNSG) - PROVED PRODUCING   ------------------------    142

 REICHEL WEST FIELD, RUSH CO., KANSAS
    LEGLEITER -A- #1 (CHASE) - PROVED PRODUCING ----------------------    143
    MUTH #1&2 (CHSE-SHWN) - PROVED PRODUCING -------------------------    144

 RIDGEWAY SOUTH FIELD, TREGO CO., KANSAS
    SCHOENTHALER  (ARBUCKLE) - PROVED PRODUCING   --------------------    145

 RIGA NORTHEAST FIELD, TREGO CO., KANSAS
    KELLER (KSSC-LNSG) - PROVED PRODUCING ----------------------------    146
    KELLER -A- (ARBUCKLE) - PROVED PRODUCING -------------------------    147

 RUGGELS WEST FIELD, OSBORNE CO., KANSAS
    MAIER (KSSC-LNSG) - PROVED PRODUCING -----------------------------    148
    MAIER #1 BP (KSSC-LNSG) - PROVED BEHIND PIPE ---------------------    149

 SANDFORD FIELD, BARTON CO., KANSAS
    BEN TEMPERO (ARBUCKLE) - PROVED PRODUCING ------------------------    150
    BEN TEMPERO #5 PUD (ARBUCKLE) - PROVED UNDEVELOPED ---------------    151

 SCHWINDT FIELD, RUSH CO., KANSAS
    JACOBS -B-  (CNGL-LNSG-MSSP-VIOL) - PROVED PRODUCING   -----------    152

 SPRING CREEK FIELD, TREGO CO., KANSAS
    RIDGWAY  (ARBUCKLE) - PROVED PRODUCING   -------------------------    153

 STOCKTON FIELD, ROOKS CO., KANSAS
    HINDMAN, D.A.  (TOPEKA) - PROVED PRODUCING   ---------------------    154
    STEBBINS  (HOWARD) - PROVED PRODUCING   --------------------------    155


                 RYDER SCOTT COMPANY   PETROLEUM CONSULTANTS

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                                TENGASCO, INC.

                           TABLE OF CONTENTS (CONT'D)


                                                                      TABLE NO.
                                                                      ---------
 STOCKTON FIELD, ROOKS CO., KANSAS (CONT'D)
    WATTS - PROVED PRODUCING   ---------------------------------------    156

 STREMEL FIELD, RUSH CO., KANSAS
    OCHS #1 & 3 (MISSISSIPPIAN) - PROVED PRODUCING -------------------    157
    URBAN -D- #2 (KSSC-LNSG) - PROVED PRODUCING ----------------------    158

 THACKER FIELD, RUSSELL CO., KANSAS
    THACKER #2  (KC-LANSING) - PROVED PRODUCING   --------------------    159

 TRAPP FIELD, BARTON CO., KANSAS
    DEUTSCH (ARBUCKLE) - PROVED PRODUCING ----------------------------    160
    HOWLIER #1 (ARBUCKLE) - PROVED PRODUCING -------------------------    161

 WEBSTER FIELD, ROOKS CO., KANSAS
    CERROW-CERROW -A- (ARBUCKLE) - PROVED PRODUCING ------------------    162
    LOWRY #1 (ARBUCKLE) - PROVED PRODUCING ---------------------------    163

 WERTH NORTH FIELD, ELLIS CO., KANSAS
    SCHNELLER  (ABCK-LNSG) - PROVED PRODUCING   ----------------------    164

 WESTHUSIN FIELD, ROOKS CO., KANSAS
    DOUGHERTY EAST #1 (LANSING) - PROVED PRODUCING -------------------    165
    DOUGHERTY EAST #1 BP (ARBUCKLE) - PROVED PRODUCING ---------------    166
    DOUGHERTY EAST #2 PUD (ARBUCKLE) - PROVED PRODUCING --------------    167

 YOHE FIELD, ROOKS CO., KANSAS
    FINNESY (LANSING) - PROVED PRODUCING -----------------------------    168
    MOSHER (LANSING) - PROVED PRODUCING ------------------------------    169

 STATE SUMMARIES - TENNESSEE
    TOTAL PROVED ALL CATEGORIES   ------------------------------------    170
    PROVED PRODUCING   -----------------------------------------------    171
    PROVED SHUT-IN   -------------------------------------------------    172
    PROVED BEHIND PIPE   ---------------------------------------------    173
    PROVED UNDEVELOPED   ---------------------------------------------    174
    TOTAL PROBABLE UNDEVELOPED   -------------------------------------    175
    TOTAL POSSIBLE UNDEVELOPED   -------------------------------------    176

 SWAN CREEK FIELD, HANCOCK CO., TENNESSEE
    ANITA COLSON #1 (KNOX) - PROVED SHUT-IN --------------------------    177
    ANITA COLSON #1 (TRENTON) - PROVED BEHIND PIPE -------------------    178
    ANITA COLSON #2 (TRENTON) - PROVED SHUT-IN -----------------------    179
    CHEVRON WARREN REED #1 (KNOX) - PROVED SHUT-IN -------------------    180
    D. SUTTON HEIRS #1 (KNOX) - PROVED SHUT-IN -----------------------    181
    D. SUTTON HEIRS #1 (TRENTON) - PROVED BEHIND PIPE ----------------    182


                 RYDER SCOTT COMPANY   PETROLEUM CONSULTANTS

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                                TENGASCO, INC.

                           TABLE OF CONTENTS (CONT'D)


                                                                      TABLE NO.
                                                                      ---------
 SWAN CREEK FIELD, HANCOCK CO., TENNESSEE (CONT'D)
    DARRELL SUTTON #1  (KNOX) - PROVED SHUT-IN   ---------------------    183
    DEWEY SUTTON #1  (TRENTON) - PROVED PRODUCING   ------------------    184
    DORIS HELTON #1  (KNOX) - PROVED SHUT-IN   -----------------------    185
    DORIS HELTON #1  (TRENTON-STONE RIVER) - PROVED BEHIND PIPE   ----    186
    GARY PATTON #2  (KNOX) - PROVED SHUT-IN   ------------------------    187
    GARY PATTON #2  (KNOX) - PROVED BEHIND PIPE   --------------------    188
    LAURA J. LAWSON #1  (MURFREESBORO) - PROVED SHUT-IN   ------------    189
    LAURA J. LAWSON #1  (MURFREESBORO) - PROVED BEHIND PIPE   --------    190
    LAURA J. LAWSON #2  (KNOX) - PROVED SHUT-IN   --------------------    191
    LAURA J. LAWSON #2  (TRENTON-MURFREESBORO) - PROVED BEHIND PIPE --    192
    PAUL REED #1  (KNOX) - PROVED SHUT-IN   --------------------------    193
    PAUL REED #2  (STONES RIVER) - PROVED PRODUCING   ----------------    194
    PAUL REED #2  (TRTN-SR) - PROVED BEHIND PIPE   -------------------    195
    PAUL REED #3  (KNOX) - PROVED SHUT-IN   --------------------------    196
    PAUL REED #3  (TRENTON) - PROVED BEHIND PIPE   -------------------    197
    PAUL REED #4  (KNOX) - PROVED SHUT-IN   --------------------------    198
    PAUL REED #4  (TRENTON) - PROVED BEHIND PIPE   -------------------    199
    PAUL REED #5  (STONES RIVER) - PROVED PRODUCING   ----------------    200
    PAUL REED/HELTON UNIT #6  (STONES RIVER) - PROVED PRODUCING   ----    201
    PURKEY #1  (KNOX) - PROVED SHUT-IN   -----------------------------    202
    RAY DEAN HELTON #1  (KNOX) - PROVED SHUT-IN   --------------------    203
    RAY DEAN HELTON #1  (TRENTON-STONES RIVER) - PROVED BEHIND PIPE --    204
    STEPHEN LAWSON #1  (TRENTON) - PROVED PRODUCING   ----------------    205
    STEPHEN LAWSON #2  (KNOX) - PROVED SHUT-IN   ---------------------    206
    STEPHEN LAWSON #3  (KNOX) - PROVED SHUT-IN   ---------------------    207
    STEPHEN LAWSON #3  (TRNT-SR-MFB) - PROVED BEHIND PIPE   ----------    208
    STEPHEN LAWSON #4  (KNOX) - PROVED SHUT-IN   ---------------------    209
    STEPHEN LAWSON #4  (STONES RIVER) - PROVED BEHIND PIPE   ---------    210
    T.J. HARRISON #1  (TRENTON) - PROVED PRODUCING   -----------------    211
    WARREN REED #1  (KNOX) - PROVED SHUT-IN   ------------------------    212
    WARREN REED #1  (KNOX) - PROVED BEHIND PIPE   --------------------    213
    WARREN REED #2  (KNOX) - PROVED SHUT-IN   ------------------------    214
    WARREN REED #2  (SR-MFB) - PROVED BEHIND PIPE   ------------------    215
    LOCATION # 1  (KNOX) - PROVED UNDEVELOPED   ----------------------    216
    LOCATION # 2  (KNOX) - PROVED UNDEVELOPED   ----------------------    217
    LOCATION # 4  (KNOX) - PROVED UNDEVELOPED   ----------------------    218
    LOCATION # 5  (KNOX) - PROVED UNDEVELOPED   ----------------------    219
    LOCATION # 6  (KNOX) - PROVED UNDEVELOPED   ----------------------    220
    LOCATION # 7  (KNOX) - PROVED UNDEVELOPED   ----------------------    221
    LOCATION # 8  (KNOX) - PROVED UNDEVELOPED   ----------------------    222
    LOCATION # 9  (KNOX) - PROVED UNDEVELOPED   ----------------------    223
    LOCATION #10  (KNOX) - PROVED UNDEVELOPED   ----------------------    224
    LOCATION #11  (KNOX) - PROVED UNDEVELOPED   ----------------------    225
    LOCATION #12  (KNOX) - PROVED UNDEVELOPED   ----------------------    226
    LOCATION #13  (KNOX) - PROVED UNDEVELOPED   ----------------------    227


                 RYDER SCOTT COMPANY   PETROLEUM CONSULTANTS

<PAGE>

                                TENGASCO, INC.

                           TABLE OF CONTENTS (CONT'D)


                                                                      TABLE NO.
                                                                      ---------
 SWAN CREEK FIELD, HANCOCK CO., TENNESSEE (CONT'D)
    LOCATION #14  (KNOX) - PROVED UNDEVELOPED   ----------------------    228
    LOCATION #15  (KNOX) - PROVED UNDEVELOPED   ----------------------    229
    LOCATION #16  (KNOX) - PROVED UNDEVELOPED   ----------------------    230
    LOCATION #17  (KNOX) - PROVED UNDEVELOPED   ----------------------    231
    LOCATION #18  (KNOX) - PROVED UNDEVELOPED   ----------------------    232
    LOCATION #19  (KNOX) - PROVED UNDEVELOPED   ----------------------    233
    LOCATION #20  (KNOX) - PROVED UNDEVELOPED   ----------------------    234
    LOCATION #21  (KNOX) - PROVED UNDEVELOPED   ----------------------    235
    LOCATION #23  (KNOX) - PROVED UNDEVELOPED   ----------------------    236
    LOCATION #24  (KNOX) - PROVED UNDEVELOPED   ----------------------    237
    LOCATION #25  (KNOX) - PROVED UNDEVELOPED   ----------------------    238
    LOCATION #26  (KNOX) - PROVED UNDEVELOPED   ----------------------    239
    LOCATION #27  (KNOX) - PROVED UNDEVELOPED   ----------------------    240
    LOCATION #28  (KNOX) - PROVED UNDEVELOPED   ----------------------    241
    LOCATION #29  (KNOX) - PROVED UNDEVELOPED   ----------------------    242
    LOCATION #30  (KNOX) - PROVED UNDEVELOPED   ----------------------    243
    PROBABLE LOCATIONS  (KNOX) - PROBABLE UNDEVELOPED   --------------    244
    POSSIBLE LOCATIONS  (KNOX) - POSSIBLE UNDEVELOPED   --------------    245


                 RYDER SCOTT COMPANY   PETROLEUM CONSULTANTS

<PAGE>

                                   DISCUSSION

<PAGE>


[LOGO OMITTED]   RYDER SCOTT COMPANY                          FAX (713) 651-0849
                 ---------------------
                 PETROLEUM CONSULTANTS

1100 LOUISIANA  SUITE 3800   HOUSTON, TEXAS 77002-5218  TELEPHONE (713) 651-9191



                                 March 28, 2001



Tengasco, Inc.
603 Main Avenue, Suite 500
Knoxville, Tennessee  37902

Gentlemen:

         At your request, we have prepared an estimate of the reserves, future
production, and income attributable to certain leasehold and royalty interests
of Tengasco, Inc. (Tengasco) as of December 31, 2000. The subject properties are
located in the states of Kansas and Tennessee. The income data were estimated
using the Securities and Exchange Commission (SEC) requirements for future price
and cost parameters.

         The estimated reserves and future income amounts presented in this
report are related to hydrocarbon prices. Hydrocarbon prices in effect at
December 31, 2000 were used in the preparation of this report as required by SEC
rules; however, actual future prices may vary significantly from December 31,
2000 prices. Therefore, volumes of reserves actually recovered and amounts of
income actually received may differ significantly from the estimated quantities
presented in this report. The results of this study are summarized below.


                                 SEC PARAMETERS
                     Estimated Net Reserves and Income Data
                   Certain Leasehold and Royalty Interests of
                                 TENGASCO, INC.
                             As of December 31, 2000
           ----------------------------------------------------------

<TABLE>
<CAPTION>

                                                       Proved
                             ---------------------------------------------------------
                                     Developed
                             ---------------------------                     Total
                              Producing     Non-Producing  Undeveloped       Proved
                             ------------   ------------   ------------   ------------
<S>                          <C>            <C>            <C>            <C>
NET REMAINING RESERVES
  Oil/Condensate - Barrels      1,553,759        102,452        158,694      1,814,905
  Gas - MMCF                        2,889         19,447         25,204         47,540

INCOME DATA
  Future Gross Revenue       $ 55,404,068   $185,921,819   $243,048,991   $484,374,878
  Deductions                   23,585,661      2,472,202     10,443,540     36,501,403
                             ------------   ------------   ------------   ------------
  Future Net Income (FNI)    $ 31,818,407   $183,449,617   $232,605,451   $447,873,475

  Discounted FNI @ 10%       $ 17,700,380   $127,521,566   $169,979,312   $315,201,258
</TABLE>


<TABLE>
<CAPTION>

<S>                            <C>                           <C>                  <C>
3700, 700 - 2ND STREET, S.W.     CALGARY, ALBERTA T2P 2W2    TEL (403) 262-2799   FAX (403) 262-2790
600 17TH STREET, SUITE 1610N   DENVER, COLORADO 80202-5416   TEL (303) 623-9147   FAX (303) 623-4258
</TABLE>
<PAGE>
Tengasco, Inc.
March 28, 2001
Page 2


                                                 Total          Total
                                                Probable       Possible
                                               Undeveloped    Undeveloped
                                               ------------   ------------
               NET REMAINING RESERVES
                 Oil/Condensate - Barrels            50,949              0
                 Gas - MMCF                          11,985          7,213

               INCOME DATA
                 Future Gross Revenue          $114,926,058   $ 68,354,301
                 Deductions                       1,732,078        819,162
                                               ------------   ------------
                 Future Net Income (FNI)       $113,193,980   $ 67,535,139

                 Discounted FNI @ 10%          $ 75,436,619   $ 43,252,319


         Liquid hydrocarbons are expressed in standard 42 gallon barrels. All
gas volumes are sales gas expressed in millions of cubic feet (MMCF) at the
official temperature and pressure bases of the areas in which the gas reserves
are located.

         The future gross revenue is after the deduction of production taxes.
The deductions comprise the normal direct costs of operating the wells, ad
valorem taxes, recompletion costs, development costs. The future net income is
before the deduction of state and federal income taxes and general
administrative overhead, and has not been adjusted for outstanding loans that
may exist nor does it include any adjustment for cash on hand or undistributed
income. No attempt was made to quantify or otherwise account for any accumulated
gas production imbalances that may exist. Gas reserves account for approximately
90.5 percent and liquid hydrocarbon reserves account for the remaining 9.5
percent of total future gross revenue from proved reserves.

         The discounted future net income shown above was calculated using a
discount rate of 10 percent per annum compounded monthly. Future net income was
discounted at four other discount rates which were also compounded monthly.
These results are shown on each estimated projection of future production and
income presented in a later section of this report and in summary form below.

                                         Discounted Future Net Income
                                           As of December 31, 2000
                            ---------------------------------------------------
          Discount Rate         Total              Total               Total
             Percent           Proved             Probable            Possible
          -------------     ------------        -----------         -----------

                5           $369,991,384        $91,653,358         $53,825,724
               15           $274,357,219        $62,960,973         $35,019,134
               20           $242,643,265        $53,172,179         $28,549,812
               25           $217,256,551        $45,354,631         $23,422,959

         The results shown above are presented for your information and should
not be construed as our estimate of fair market value.

RESERVES INCLUDED IN THIS REPORT

         The PROVED RESERVES included herein conform to the definition as set
forth in the Securities and Exchange Commission's Regulation S-X Part 210.4-10
(a) as clarified by subsequent Commission Staff Accounting Bulletins. The
PROBABLE RESERVES and POSSIBLE RESERVES included herein conform to definitions
of probable and possible reserves approved by the SPE/WPC using the
deterministic


                 RYDER SCOTT COMPANY   PETROLEUM CONSULTANTS
<PAGE>
Tengasco, Inc.
March 28, 2001
Page 3


methodology. The definitions of proved, probable, and possible reserves are
included under the tab "Reserve Definitions" in this report.

         We have included probable and possible reserves and income in this
report at the request of Tengasco. These data are for Tengasco's information
only, and should not be included in reports to the SEC according to the SEC
disclosure specifications. The probable reserves are less certain to be
recovered than the proved reserves and reserves classified as possible are less
certain to be recovered than those in the probable category. The reserves and
income quantities attributable to the different reserve classifications that are
included herein have not been adjusted to reflect the varying degrees of risk
associated with them and thus are not comparable.

         Because of the direct relationship between volumes of proved
undeveloped reserves and development plans, we include in the proved undeveloped
category only reserves assigned to undeveloped locations that we have been
assured will definitely be drilled.

         The various reserve status categories are defined under the tab
"Reserve Definitions" in this report. The developed non-producing reserves
included herein are comprised of the shut-in and behind pipe categories.

ESTIMATES OF RESERVES

         The reserves included herein were estimated using the performance,
volumetric and analogy methods. The reserves estimated by the performance method
utilized extrapolations of various historical data in those cases where such
data were definitive in our opinion. Performance estimates accounted for 20.9
per cent of the proved reserves on a net oil equivalent basis. Reserves were
estimated by the volumetric and analogy methods in those cases where there were
inadequate historical performance data to establish a definitive trend or where
the use of performance data as a basis for the reserve estimates was considered
to be inappropriate. Reserves by analogy accounted for 45.3 per cent of reserves
and volumetric estimates accounted for the remaining 33.8 percent.

         The reserves included in this report are estimates only and should not
be construed as being exact quantities. They may or may not be actually
recovered, and if recovered, the revenues therefrom and the actual costs related
thereto could be more or less than the estimated amounts. Moreover, estimates of
reserves may increase or decrease as a result of future operations.

FUTURE PRODUCTION RATES

         Initial production rates are based on the current producing rates for
those wells now on production. Test data and other related information were used
to estimate the anticipated initial production rates for those wells or
locations that are not currently producing. If no production decline trend has
been established, future production rates were held constant, or adjusted for
the effects of curtailment where appropriate, until a decline in ability to
produce was anticipated. An estimated rate of decline was then applied to
depletion of the reserves. If a decline trend has been established, this trend
was used as the basis for estimating future production rates. For reserves not
yet on production, sales were estimated to commence at an anticipated date
furnished by Tengasco.

         The future production rates from wells now on production may be more or
less than estimated because of changes in market demand or allowables set by
regulatory bodies. Wells or locations that are not currently producing may start
producing earlier or later than anticipated in our estimates of their future
production rates.


                 RYDER SCOTT COMPANY   PETROLEUM CONSULTANTS
<PAGE>
Tengasco, Inc.
March 28, 2001
Page 4


HYDROCARBON PRICES

         Tengasco furnished us with hydrocarbon prices in effect at December 31,
2000 and with its forecasts of future prices which take into account SEC and
Financial Accounting Standards Board (FASB) rules, current market prices,
contract prices, and fixed and determinable price escalations where applicable.
The hydrocarbon prices utilized this study were $26.46 per barrel and $5.30 per
Mcf for the properties located in the state of Kansas and $24.10 per barrel and
$9.77 per Mcf for the properties located in the state of Tennessee.

         In accordance with FASB Statement No. 69, December 31, 2000 market
prices were determined using the daily oil price or daily gas sales price ("spot
price") adjusted for oilfield or gas gathering hub and wellhead price
differences (e.g. grade, transportation, gravity, sulfur and BS&W) as
appropriate. Also in accordance with SEC and FASB specifications, changes in
market prices subsequent to December 31, 2000 were not considered in this
report.

COSTS

         Operating costs for the leases and wells in this report are based on
the operating expense reports of Tengasco and include only those costs directly
applicable to the leases or wells. When applicable, the operating costs include
a portion of general and administrative costs allocated directly to the leases
and wells under terms of operating agreements. No deduction was made for
indirect costs such as general administration and overhead expenses, loan
repayments, interest expenses, and exploration and development prepayments that
were not charged directly to the leases or wells.

         Development costs were furnished to us by Tengasco and are based on
authorizations for expenditure for the proposed work or actual costs for similar
projects. At the request of Tengasco, their estimate of zero abandonment costs
after salvage value was used in this report. Ryder Scott has not performed a
detailed study of the abandonment costs or the salvage value and makes no
warranty for Tengasco's estimate.

         Current costs were held constant throughout the life of the properties.

GENERAL

         Table A presents a one line summary of proved reserve and income data
for each of the subject properties which are ranked according to their future
net income discounted at 10 percent per year. Table B presents a one line
summary of gross and net reserves and income data for each of the subject
properties. Table C presents a one line summary of initial basic data for each
of the subject properties. Tables 1 through 245 present our estimated projection
of production and income by years beginning January 1, 2001, by state, field,
and lease or well.

         While it may reasonably be anticipated that the future prices received
for the sale of production and the operating costs and other costs relating to
such production may also increase or decrease from existing levels, such changes
were, in accordance with rules adopted by the SEC, omitted from consideration in
making this evaluation.

         The estimates of reserves presented herein were based upon a detailed
study of the properties in which Tengasco owns an interest; however, we have not
made any field examination of the properties. No consideration was given in this
report to potential environmental liabilities that may exist


                 RYDER SCOTT COMPANY   PETROLEUM CONSULTANTS
<PAGE>
Tengasco, Inc.
March 28, 2001
Page 5


nor were any costs included for potential liability to restore and clean up
damages, if any, caused by past operating practices. Tengasco has informed us
that they have furnished us all of the accounts, records, geological and
engineering data, and reports and other data required for this investigation.
The ownership interests, prices, and other factual data furnished by Tengasco
were accepted without independent verification. The estimates presented in this
report are based on data available through November 2000.

         Tengasco has assured us of their intent and ability to proceed with the
development activities included in this report, and that they are not aware of
any legal, regulatory or political obstacles that would significantly alter
their plans.

         Neither we nor any of our employees have any interest in the subject
properties and neither the employment to make this study nor the compensation is
contingent on our estimates of reserves and future income for the subject
properties.

         This report was prepared for the exclusive use and sole benefit of
Tengasco, Inc. The data, work papers, and maps used in this report are available
for examination by authorized parties in our offices. Please contact us if we
can be of further service.

                                           Very truly yours,

                                           RYDER SCOTT COMPANY, L.P.


                                           /s/ C. PATRICK MCINTURFF
                                           --------------------------------
                                           C. Patrick McInturff, P.E.
                                           Petroleum Engineer
CPM/sw


Approved:

/s/ JOHN R. WARNER
-------------------------------------
John R. Warner, P.E.
Executive Vice President-International


                 RYDER SCOTT COMPANY   PETROLEUM CONSULTANTS

<PAGE>

                              RESERVE DEFINITIONS

<PAGE>

                         PETROLEUM RESERVES DEFINITIONS


INTRODUCTION

         Reserves are those quantities of petroleum which are anticipated to be
commercially recovered from known accumulations from a given date forward. All
reserve estimates involve some degree of uncertainty. The uncertainty depends
chiefly on the amount of reliable geologic and engineering data available at the
time of the estimate and the interpretation of these data. The relative degree
of uncertainty may be conveyed by placing reserves into one of two principal
classifications, either proved or unproved. Unproved reserves are less certain
to be recovered than proved reserves and may be further sub-classified as
probable and possible reserves to denote progressively increasing uncertainty in
their recoverability. It should be noted that Securities and Exchange Commission
Regulation S-K prohibits the disclosure of estimated quantities of probable or
possible reserves of oil and gas and any estimated value thereof in any
documents publicly filed with the Commission.

         Reserves estimates will generally be revised as additional geologic or
engineering data become available or as economic conditions change. Reserves do
not include quantities of petroleum being held in inventory, and may be reduced
for usage or processing losses if required for financial reporting.

         Reserves may be attributed to either natural energy or improved
recovery methods. Improved recovery methods include all methods for
supplementing natural energy or altering natural forces in the reservoir to
increase ultimate recovery. Examples of such methods are pressure maintenance,
cycling, waterflooding, thermal methods, chemical flooding, and the use of
miscible and immiscible displacement fluids. Other improved recovery methods may
be developed in the future as petroleum technology continues to evolve.


PROVED RESERVES (SEC DEFINITIONS)

         Securities and Exchange Commission Regulation S-X Rule 4-10 paragraph
(a) defines proved reserves as follows:

PROVED OIL AND GAS RESERVES. Proved oil and gas reserves are the estimated
quantities of crude oil, natural gas, and natural gas liquids which geological
and engineering data demonstrate with reasonable certainty to be recoverable in
future years from known reservoirs under existing economic and operating
conditions, i.e., prices and costs as of the date the estimate is made. Prices
include consideration of changes in existing prices provided only by contractual
arrangements, but not on escalations based upon future conditions.

          (i) Reservoirs are considered proved if economic producibility is
          supported by either actual production or conclusive formation test.
          The area of a reservoir considered proved includes:

               (A) that portion delineated by drilling and defined by gas-oil
               and/or oil-water contacts, if any; and


                 RYDER SCOTT COMPANY   PETROLEUM CONSULTANTS

<PAGE>
PETROLEUM RESERVES DEFINITIONS
Page 2


               (B) the immediately adjoining portions not yet drilled, but which
               can be reasonably judged as economically productive on the basis
               of available geological and engineering data. In the absence of
               information on fluid contacts, the lowest known structural
               occurrence of hydrocarbons controls the lower proved limit of the
               reservoir.

          (ii) Reserves which can be produced economically through application
          of improved recovery techniques (such as fluid injection) are included
          in the "proved" classification when successful testing by a pilot
          project, or the operation of an installed program in the reservoir,
          provides support for the engineering analysis on which the project or
          program was based.

          (iii) Estimates of proved reserves do not include the following:

               (A) oil that may become available from known reservoirs but is
               classified separately as "indicated additional reserves";

               (B) crude oil, natural gas, and natural gas liquids, the recovery
               of which is subject to reasonable doubt because of uncertainty as
               to geology, reservoir characteristics, or economic factors;

               (C) crude oil, natural gas, and natural gas liquids, that may
               occur in undrilled prospects; and

               (D) crude oil, natural gas, and natural gas liquids, that may be
               recovered from oil shales, coal, gilsonite and other such
               sources.

PROVED DEVELOPED OIL AND GAS RESERVES. Proved developed oil and gas reserves are
reserves that can be expected to be recovered through existing wells with
existing equipment and operating methods. Additional oil and gas expected to be
obtained through the application of fluid injection or other improved recovery
techniques for supplementing the natural forces and mechanisms of primary
recovery should be included as "proved developed reserves" only after testing by
a pilot project or after the operation of an installed program has confirmed
through production response that increased recovery will be achieved.

PROVED UNDEVELOPED RESERVES. Proved undeveloped oil and gas reserves are
reserves that are expected to be recovered from new wells on undrilled acreage,
or from existing wells where a relatively major expenditure is required for
recompletion. Reserves on undrilled acreage shall be limited to those drilling
units offsetting productive units that are reasonably certain of production when
drilled. Proved reserves for other undrilled units can be claimed only where it
can be demonstrated with certainty that there is continuity of production from
the existing productive formation. Under no circumstances should estimates for
proved undeveloped reserves be attributable to any acreage for which an
application of fluid injection or other improved recovery technique is
contemplated, unless such techniques have been proved effective by actual tests
in the area and in the same reservoir.

         Certain Staff Accounting Bulletins published subsequent to the
promulgation of Regulation S-X have dealt with matters relating to the
application of financial accounting and disclosure rules for oil and gas
producing activities. In particular, the following interpretations extracted
from Staff Accounting Bulletins set forth the Commission staff's view on
specific questions pertaining to proved oil and gas reserves.


                 RYDER SCOTT COMPANY   PETROLEUM CONSULTANTS

<PAGE>
PETROLEUM RESERVES DEFINITIONS
Page 3


         Economic producibility of estimated proved reserves can be supported to
the satisfaction of the Office of Engineering if geological and engineering data
demonstrate with reasonable certainty that those reserves can be recovered in
future years under existing economic and operating conditions. The relative
importance of the many pieces of geological and engineering data which should be
evaluated when classifying reserves cannot be identified in advance. In certain
instances, proved reserves may be assigned to reservoirs on the basis of a
combination of electrical and other type logs and core analyses which indicate
the reservoirs are analogous to similar reservoirs in the same field which are
producing or have demonstrated the ability to produce on a formation test.
(extracted from SAB-35)

         In determining whether "proved undeveloped reserves" encompass acreage
on which fluid injection (or other improved recovery technique) is contemplated,
is it appropriate to distinguish between (i) fluid injection used for pressure
maintenance during the early life of a field and (ii) fluid injection used to
effect secondary recovery when a field is in the late stages of depletion? ...
The Office of Engineering believes that the distinction identified in the above
question may be appropriate in a few limited circumstances, such as in the case
of certain fields in the North Sea. The staff will review estimates of proved
reserves attributable to fluid injection in the light of the strength of the
evidence presented by the registrant in support of a contention that enhanced
recovery will be achieved. (extracted from SAB-35)

         Companies should report reserves of natural gas liquids which are net
to their leasehold interest, i.e., that portion recovered in a processing plant
and allocated to the leasehold interest. It may be appropriate in the case of
natural gas liquids not clearly attributable to leasehold interests ownership to
follow instruction (b) of Item 2(b)(3) of Regulation S-K and report such
reserves separately and describe the nature of the ownership. (extracted from
SAB-35)

         THE STAFF BELIEVES THAT SINCE COALBED METHANE GAS CAN BE RECOVERED FROM
COAL IN ITS NATURAL AND ORIGINAL LOCATION, IT SHOULD BE INCLUDED IN PROVED
RESERVES, PROVIDED THAT IT COMPLIES IN ALL OTHER RESPECTS WITH THE DEFINITION OF
PROVED OIL AND GAS RESERVES AS SPECIFIED IN RULE 4-10(A)(2) INCLUDING THE
REQUIREMENT THAT METHANE PRODUCTION BE ECONOMICAL AT CURRENT PRICES, COSTS, (NET
OF THE TAX CREDIT) AND EXISTING OPERATING CONDITIONS. (EXTRACTED FROM SAB-85)

         Statements in Staff Accounting Bulletins are not rules or
interpretations of the Commission nor are they published as bearing the
Commission's official approval; they represent interpretations and practices
followed by the Division of Corporation Finance and the Office of the Chief
Accountant in administering the disclosure requirements of the Federal
securities laws.


SUB-CATEGORIZATION OF DEVELOPED RESERVES  (SPE/WPC DEFINITIONS)

         In accordance with guidelines adopted by the Society of Petroleum
Engineers (SPE) and the World Petroleum Congress (WPC), developed reserves may
be sub-categorized as producing or non-producing.

PRODUCING. Reserves sub-categorized as producing are expected to be recovered
from completion intervals which are open and producing at the time of the
estimate. Improved recovery reserves are considered producing only after the
improved recovery project is in operation.


                 RYDER SCOTT COMPANY   PETROLEUM CONSULTANTS

<PAGE>
PETROLEUM RESERVES DEFINITIONS
Page 4


NON-PRODUCING. Reserves sub-categorized as non-producing include shut-in and
behind pipe reserves. Shut-in reserves are expected to be recovered from (1)
completion intervals which are open at the time of the estimate but which have
not started producing, (2) wells which were shut-in awaiting pipeline
connections or as a result of a market interruption, or (3) wells not capable of
production for mechanical reasons. Behind pipe reserves are expected to be
recovered from zones in existing wells, which will require additional completion
work or future recompletion prior to the start of production.


UNPROVED RESERVES  (SPE/WPC DEFINITIONS)

         Unproved reserves are based on geologic and/or engineering data similar
to that used in estimates of proved reserves; but technical, contractual,
economic, or regulatory uncertainties preclude such reserves being classified as
proved. Unproved reserves may be further classified as probable reserves and
possible reserves.

         Unproved reserves may be estimated assuming future economic conditions
different from those prevailing at the time of the estimate. The effect of
possible future improvements in economic conditions and technological
developments can be expressed by allocating appropriate quantities of reserves
to the probable and possible classifications.

PROBABLE RESERVES. Probable reserves are those unproved reserves which analysis
of geological and engineering data suggests are more likely than not to be
recoverable. In this context, when probabilistic methods are used, there should
be at least a 50 percent probability that the quantities actually recovered will
equal or exceed the sum of estimated proved plus probable reserves.

         In general, probable reserves may include (1) reserves anticipated to
be proved by normal step-out drilling where sub-surface control is inadequate to
classify these reserves as proved, (2) reserves in formations that appear to be
productive based on well log characteristics but lack core data or definitive
tests and which are not analogous to producing or proved reserves in the area,
(3) incremental reserves attributable to infill drilling that could have been
classified as proved if closer statutory spacing had been approved at the time
of the estimate, (4) reserves attributable to improved recovery methods that
have been established by repeated commercially successful applications when (a)
a project or pilot is planned but not in operation and (b) rock, fluid, and
reservoir characteristics appear favorable for commercial application, (5)
reserves in an area of the formation that appears to be separated from the
proved area by faulting and the geologic interpretation indicates the subject
area is structurally higher than the proved area, (6) reserves attributable to a
future workover, treatment, re-treatment, change of equipment, or other
mechanical procedures, where such procedure has not been proved successful in
wells which exhibit similar behavior in analogous reservoirs, and (7)
incremental reserves in proved reservoirs where an alternative interpretation of
performance or volumetric data indicates more reserves than can be classified as
proved.

POSSIBLE RESERVES. Possible reserves are those unproved reserves which analysis
of geological and engineering data suggests are less likely to be recoverable
than probable reserves. In this context, when probabilistic methods are used,
there should be at least a 10 percent probability that the quantities actually
recovered will equal or exceed the sum of estimated proved plus probable plus
possible reserves.


                 RYDER SCOTT COMPANY   PETROLEUM CONSULTANTS
<PAGE>
PETROLEUM RESERVES DEFINITIONS
Page 5


         In general, possible reserves may include (1) reserves which, based on
geological interpretations, could possibly exist beyond areas classified as
probable, (2) reserves in formations that appear to be petroleum bearing based
on log and core analysis but may not be productive at commercial rates, (3)
incremental reserves attributed to infill drilling that are subject to technical
uncertainty, (4) reserves attributed to improved recovery methods when (a) a
project or pilot is planned but not in operation and (b) rock, fluid, and
reservoir characteristics are such that a reasonable doubt exists that the
project will be commercial, and (5) reserves in an area of the formation that
appears to be separated from the proved area by faulting and geological
interpretation indicates the subject area is structurally lower than the proved
area.


                 RYDER SCOTT COMPANY   PETROLEUM CONSULTANTS

<PAGE>

                                PROPERTY RANKING

<PAGE>

[LOGO OMITTED]   RYDER SCOTT COMPANY                                     TABLE A
                 ---------------------                              Page 1 of 12
                 PETROLEUM CONSULTANTS

                                 TENGASCO, INC.
             PROPERTY RANKING BY PROVED DISCOUNTED FUTURE NET INCOME
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>

                                                                                          ($)
                                        --------NET RESERVES--------        ($)        FUTURE NET   PERCENT  CUMULATIVE
                                  (A)      (BARRELS)        (MMCF)      FUTURE NET    INCOME DISC.    OF       PERCENT   TABLE
                                STATUS    OIL/COND.(B)        GAS       INCOME (C)      AT 10.0%     TOTAL    OF TOTAL   NUMBER
                                ------  --------------    ----------  --------------  ------------- -------   ---------  ------
<S>                              <C>                <C>       <C>       <C>            <C>            <C>         <C>        <C>
  SWAN CREEK FIELD,
  HANCOCK COUNTY, TENNESSEE      PV-SI              0         4,549     42,905,373     27,828,474     8.829       8.829      214
     WARREN REED #2

  SWAN CREEK FIELD,
  HANCOCK COUNTY, TENNESSEE      PV-UD              0         3,337     31,271,875     22,671,454     7.193      16.021      216
     LOCATION # 1

  SWAN CREEK FIELD,
  HANCOCK COUNTY, TENNESSEE      PV-UD              0         2,782     26,014,807     18,846,372     5.979      22.001      217
     LOCATION # 2

  SWAN CREEK FIELD,
  HANCOCK COUNTY, TENNESSEE      PV-SI              0         2,157     20,292,540     12,939,684     4.105      26.106      198
     PAUL REED #4

  SWAN CREEK FIELD,
  HANCOCK COUNTY, TENNESSEE      PV-SI              0         1,667     15,705,799     12,011,204     3.811      29.917      180
     CHEVRON WARREN REED #1

  SWAN CREEK FIELD,
  HANCOCK COUNTY, TENNESSEE      PV-UD              0         1,668     15,475,938     11,196,802     3.552      33.469      221
     LOCATION # 7

  SWAN CREEK FIELD,
  HANCOCK COUNTY, TENNESSEE      PV-SI              0         1,749     16,433,616     11,140,327     3.534      37.003      181
     D. SUTTON HEIRS #1

  SWAN CREEK FIELD,
  HANCOCK COUNTY, TENNESSEE      PV-UD              0         1,668     15,475,405     11,040,496     3.503      40.506      227
     LOCATION #13

  SWAN CREEK FIELD,
  HANCOCK COUNTY, TENNESSEE      PV-SI              0         1,602     15,060,731     10,360,880     3.287      43.793      185
     DORIS HELTON #1

  SWAN CREEK FIELD,
  HANCOCK COUNTY, TENNESSEE      PV-UD              0         1,334     12,315,947      8,869,411     2.814      46.607      219
     LOCATION # 5

  SWAN CREEK FIELD,
  HANCOCK COUNTY, TENNESSEE      PV-UD              0         1,223     11,265,008      7,981,230     2.532      49.139      222
     LOCATION # 8

  SWAN CREEK FIELD,
  HANCOCK COUNTY, TENNESSEE      PV-SI              0         1,134     10,655,753      7,927,799     2.515      51.654      177
     ANITA COLSON #1

  SWAN CREEK FIELD,
  HANCOCK COUNTY, TENNESSEE      PV-UD              0         1,111     10,228,493      7,777,888     2.468      54.122      224
     LOCATION #10

  SWAN CREEK FIELD,
  HANCOCK COUNTY, TENNESSEE      PV-UD              0         1,111     10,228,962      7,720,723     2.449      56.571      225
     LOCATION #11

  SWAN CREEK FIELD,
  HANCOCK COUNTY, TENNESSEE      PV-UD              0         1,111     10,228,962      7,720,723     2.449      59.021      226
     LOCATION #12

  SWAN CREEK FIELD,
  HANCOCK COUNTY, TENNESSEE      PV-UD              0         1,111     10,228,862      7,656,855     2.429      61.450      228
     LOCATION #14

  SWAN CREEK FIELD,
  HANCOCK COUNTY, TENNESSEE      PV-UD              0         1,006      9,235,435      7,221,576     2.291      63.741      220
     LOCATION # 6

  SWAN CREEK FIELD,
  HANCOCK COUNTY, TENNESSEE      PV-SI              0         1,128     10,618,027      7,194,694     2.283      66.023      202
     PURKEY #1

  SWAN CREEK FIELD,
  HANCOCK COUNTY, TENNESSEE      PV-UD              0         1,013      9,299,506      7,066,251     2.242      68.265      229
     LOCATION #15
</TABLE>

<PAGE>

[LOGO OMITTED]   RYDER SCOTT COMPANY                                     TABLE A
                 ---------------------                              Page 2 of 12
                 PETROLEUM CONSULTANTS

                                 TENGASCO, INC.
             PROPERTY RANKING BY PROVED DISCOUNTED FUTURE NET INCOME
                             AS OF DECEMBER 31, 2000
                                    SEC CASE
<TABLE>
<CAPTION>

                                                                                          ($)
                                        --------NET RESERVES--------        ($)        FUTURE NET   PERCENT  CUMULATIVE
                                  (A)      (BARRELS)        (MMCF)      FUTURE NET    INCOME DISC.    OF       PERCENT   TABLE
                                STATUS    OIL/COND.(B)        GAS       INCOME (C)      AT 10.0%     TOTAL    OF TOTAL   NUMBER
                                ------  --------------    ----------  --------------  ------------- -------   ---------  ------
<S>                              <C>                <C>         <C>      <C>            <C>           <C>        <C>         <C>
  SWAN CREEK FIELD,
  HANCOCK COUNTY, TENNESSEE      PV-UD              0           834      7,581,261      5,394,837     1.712      69.977      218
     LOCATION # 4

  SWAN CREEK FIELD,
  HANCOCK COUNTY, TENNESSEE      PV-SI              0           720      6,739,816      5,124,797     1.626      71.603      191
     LAURA J. LAWSON #2

  SWAN CREEK FIELD,
  HANCOCK COUNTY, TENNESSEE      PV-UD              0           778      7,060,459      5,119,690     1.624      73.227      223
     LOCATION # 9

  SWAN CREEK FIELD,
  HANCOCK COUNTY, TENNESSEE      PV-UD              0           778      7,062,795      5,022,296     1.593      74.820      232
     LOCATION #18

  SWAN CREEK FIELD,
  HANCOCK COUNTY, TENNESSEE      PV-SI              0           623      5,834,581      4,553,857     1.445      76.265      207
     STEPHEN LAWSON #3

  SWAN CREEK FIELD,
  HANCOCK COUNTY, TENNESSEE      PV-SI              0           613      5,790,793      4,309,009     1.367      77.632      193
     PAUL REED #1

  SWAN CREEK FIELD,
  HANCOCK COUNTY, TENNESSEE      PV-SI              0           568      5,306,698      4,250,549     1.349      78.981      187
     GARY PATTON #2

  SWAN CREEK FIELD,
  HANCOCK COUNTY, TENNESSEE      PV-UD              0           555      4,968,730      3,776,673     1.198      80.179      230
     LOCATION #16

  SWAN CREEK FIELD,
  HANCOCK COUNTY, TENNESSEE      PV-UD              0           555      4,968,630      3,745,400     1.188      81.367      231
     LOCATION #17

  SWAN CREEK FIELD,
  HANCOCK COUNTY, TENNESSEE      PV-UD              0           555      4,965,840      3,594,708     1.140      82.507      235
     LOCATION #21

  SWAN CREEK FIELD,
  HANCOCK COUNTY, TENNESSEE      PV-UD              0           555      4,965,740      3,564,939     1.131      83.638      236
     LOCATION #23

  SWAN CREEK FIELD,
  HANCOCK COUNTY, TENNESSEE      PV-SI              0           402      3,776,489      3,560,528     1.130      84.768      203
     RAY DEAN HELTON #1

  SWAN CREEK FIELD,
  HANCOCK COUNTY, TENNESSEE      PV-UD              0           500      4,443,467      3,222,626     1.022      85.791      234
     LOCATION #20

  SWAN CREEK FIELD,
  HANCOCK COUNTY, TENNESSEE      PV-SI              0           431      4,014,410      3,171,220     1.006      86.797      196
     PAUL REED #3

  SWAN CREEK FIELD,
  HANCOCK COUNTY, TENNESSEE      PV-SI              0           436      4,062,896      3,145,504     0.998      87.795      209
     STEPHEN LAWSON #4

  SWAN CREEK FIELD,
  HANCOCK COUNTY, TENNESSEE      PV-UD              0           444      3,916,720      2,963,411     0.940      88.735      233
     LOCATION #19

  SWAN CREEK FIELD,
  HANCOCK COUNTY, TENNESSEE      PV-SI              0           335      3,125,875      2,564,728     0.814      89.548      212
     WARREN REED #1

  SWAN CREEK FIELD,
  HANCOCK COUNTY, TENNESSEE      PV-UD              0           335      2,894,573      2,097,744     0.666      90.214      237
     LOCATION #24

  SWAN CREEK FIELD,
  HANCOCK COUNTY, TENNESSEE      PV-PD        125,017             0      2,729,712      1,918,675     0.609      90.823      200
     PAUL REED #5
</TABLE>

<PAGE>

[LOGO OMITTED]   RYDER SCOTT COMPANY                                     TABLE A
                 ---------------------                              Page 3 of 12
                 PETROLEUM CONSULTANTS


                                 TENGASCO, INC.
             PROPERTY RANKING BY PROVED DISCOUNTED FUTURE NET INCOME
                             AS OF DECEMBER 31, 2000
                                    SEC CASE
<TABLE>
<CAPTION>

                                                                                          ($)
                                        --------NET RESERVES--------        ($)        FUTURE NET   PERCENT  CUMULATIVE
                                  (A)      (BARRELS)        (MMCF)      FUTURE NET    INCOME DISC.    OF       PERCENT   TABLE
                                STATUS    OIL/COND.(B)        GAS       INCOME (C)      AT 10.0%     TOTAL    OF TOTAL   NUMBER
                                ------  --------------    ----------  --------------  ------------- -------   ---------  ------
<S>                              <C>           <C>                <C>    <C>            <C>           <C>        <C>         <C>
  SWAN CREEK FIELD,
  HANCOCK COUNTY, TENNESSEE      PV-UD              0           279      2,372,694      1,807,508     0.573      91.396      238
     LOCATION #25

  SWAN CREEK FIELD,
  HANCOCK COUNTY, TENNESSEE      PV-PD         80,057             0      1,736,110      1,292,196     0.410      91.806      184
     DEWEY SUTTON #1

  SWAN CREEK FIELD,
  HANCOCK COUNTY, TENNESSEE      PV-PD         56,103             0      1,176,309        889,847     0.282      92.088      201
     PAUL REED/HELTON UNIT #6

  SWAN CREEK FIELD,
  HANCOCK COUNTY, TENNESSEE      PV-SI              0           105        976,739        857,395     0.272      92.360      179
     ANITA COLSON #2

  MCHALE FIELD,
  ROOKS COUNTY, KANSAS           PV-PD         93,123             0      1,583,391        795,182     0.252      92.613       59
     HARRISON -A-

  SWAN CREEK FIELD,
  HANCOCK COUNTY, TENNESSEE      PV-BP              0           113        984,566        743,944     0.236      92.849      204
     RAY DEAN HELTON #1

  SWAN CREEK FIELD,
  HANCOCK COUNTY, TENNESSEE      PV-SI              0            89        811,374        711,752     0.226      93.074      183
     DARRELL SUTTON #1

  SWAN CREEK FIELD,
  HANCOCK COUNTY, TENNESSEE      PV-SI              0            84        765,111        698,952     0.222      93.296      206
     STEPHEN LAWSON #2

  SWAN CREEK FIELD,
  HANCOCK COUNTY, TENNESSEE      PV-BP              0           141      1,278,735        621,503     0.197      93.493      215
     WARREN REED #2

  SWAN CREEK FIELD,
  HANCOCK COUNTY, TENNESSEE      PV-BP              0           140      1,257,417        593,815     0.188      93.682      182
     D. SUTTON HEIRS #1

  SWAN CREEK FIELD,
  HANCOCK COUNTY, TENNESSEE      PV-UD              0           112        795,266        592,579     0.188      93.870      240
     LOCATION #27

  SWAN CREEK FIELD,
  HANCOCK COUNTY, TENNESSEE      PV-UD              0           112        795,266        592,579     0.188      94.058      241
     LOCATION #28

  SWAN CREEK FIELD,
  HANCOCK COUNTY, TENNESSEE      PV-UD              0           112        795,266        592,579     0.188      94.246      239
     LOCATION #26

  SWAN CREEK FIELD,
  HANCOCK COUNTY, TENNESSEE      PV-UD              0           112        795,266        587,682     0.186      94.432      242
     LOCATION #29

  SWAN CREEK FIELD,
  HANCOCK COUNTY, TENNESSEE      PV-UD              0           112        795,266        587,682     0.186      94.619      243
     LOCATION #30

  SWAN CREEK FIELD,
  HANCOCK COUNTY, TENNESSEE      PV-PD         34,174             0        682,092        525,380     0.167      94.785      194
     PAUL REED #2

  PARADISE CREEK FIELD,
  ROOKS COUNTY, KANSAS           PV-PD         79,854             0        869,846        464,980     0.148      94.933       65
     STAHL

  SWAN CREEK FIELD,
  HANCOCK COUNTY, TENNESSEE      PV-BP          8,466           141      1,462,677        457,447     0.145      95.078      192
     LAURA J. LAWSON #2

  SWAN CREEK FIELD,
  HANCOCK COUNTY, TENNESSEE      PV-BP              0            98        877,442        442,093     0.140      95.218      186
     DORIS HELTON #1
</TABLE>

<PAGE>

[LOGO OMITTED]   RYDER SCOTT COMPANY                                     TABLE A
                 ---------------------                              Page 4 of 12
                 PETROLEUM CONSULTANTS

                                 TENGASCO, INC.
             PROPERTY RANKING BY PROVED DISCOUNTED FUTURE NET INCOME
                             AS OF DECEMBER 31, 2000
                                    SEC CASE
<TABLE>
<CAPTION>

                                                                                          ($)
                                        --------NET RESERVES--------        ($)        FUTURE NET   PERCENT  CUMULATIVE
                                  (A)      (BARRELS)        (MMCF)      FUTURE NET    INCOME DISC.    OF       PERCENT   TABLE
                                STATUS    OIL/COND.(B)        GAS       INCOME (C)      AT 10.0%     TOTAL    OF TOTAL   NUMBER
                                ------  --------------    ----------  --------------  ------------- -------   ---------  ------
<S>                              <C>           <C>                <C>      <C>            <C>         <C>        <C>          <C>
  REICHEL WEST FIELD,
  RUSH COUNTY, KANSAS            PV-PD              0           292        989,088        420,634     0.133      95.352      144
     MUTH #1&2

  REICHEL FIELD,
  RUSH COUNTY, KANSAS            PV-PD              0           231        756,577        407,274     0.129      95.481       99
     GIESICK #1

  PLAINVILLE FIELD,
  ROOKS COUNTY, KANSAS           PV-PD         42,807             0        719,648        361,850     0.115      95.596       75
     JACO

  REICHEL FIELD,
  RUSH COUNTY, KANSAS            PV-PD              0           215      1,135,809        346,253     0.110      95.706       84
     ALLEN #1 A&D

  SWAN CREEK FIELD,
  HANCOCK COUNTY, TENNESSEE      PV-BP              0            77        674,860        335,918     0.107      95.812      195
     PAUL REED #2

  MARCOTTE FIELD,
  ROOKS COUNTY, KANSAS           PV-PD         59,499             0        473,313        318,295     0.101      95.913       56
     CROFFOOT -B-

  REICHEL FIELD,
  RUSH COUNTY, KANSAS            PV-BP              0            94        452,020        317,217     0.101      96.014      139
     THIELENHAUS #1 BP

  REICHEL FIELD,
  RUSH COUNTY, KANSAS            PV-PD              0           209        815,755        295,392     0.094      96.107       93
     DECKER -A- #1

  REICHEL FIELD,
  RUSH COUNTY, KANSAS            PV-PD              0           171        671,147        294,907     0.094      96.201      140
     TORREY #2

  SWAN CREEK FIELD,
  HANCOCK COUNTY, TENNESSEE      PV-BP         29,630            20        787,107        288,955     0.092      96.293      208
     STEPHEN LAWSON #3

  RUGGELS WEST FIELD,
  OSBORNE COUNTY, KANSAS         PV-BP         22,174             0        490,957        283,230     0.090      96.383      149
     MAIER #1 BP

  MARCOTTE FIELD,
  ROOKS COUNTY, KANSAS           PV-PD         35,176             0        665,429        277,375     0.088      96.471       54
     CROFFOOT

  SANDFORD FIELD,
  BARTON COUNTY, KANSAS          PV-PD         35,588             0        450,485        276,739     0.088      96.558      150
     BEN TEMPERO

  KRAUS FIELD,
  ELLIS COUNTY, KANSAS           PV-PD         25,052             0        447,696        263,734     0.084      96.642       46
     KRAUS -I-

  BEISEL FIELD,
  RUSSELL COUNTY, KANSAS         PV-UD         33,906             0        547,220        252,794     0.080      96.722       17
     BEISEL #9 PUD

  PARADISE CREEK FIELD,
  ROOKS COUNTY, KANSAS           PV-UD         39,657             0        597,397        252,216     0.080      96.802       66
     STAHL #7 PUD

  SWAN CREEK FIELD,
  HANCOCK COUNTY, TENNESSEE      PV-BP         13,545            45        656,842        235,603     0.075      96.877      188
     GARY PATTON #2

  REICHEL WEST FIELD,
  RUSH COUNTY, KANSAS            PV-PD              0           176        603,430        233,583     0.074      96.951      143
     LEGLEITER -A- #1

  YOHE FIELD,
  ROOKS COUNTY, KANSAS           PV-PD         26,442             0        399,657        233,392     0.074      97.025      169
     MOSHER
</TABLE>

<PAGE>

[LOGO OMITTED]   RYDER SCOTT COMPANY                                     TABLE A
                 ---------------------                              Page 5 of 12
                 PETROLEUM CONSULTANTS


                                 TENGASCO, INC.
             PROPERTY RANKING BY PROVED DISCOUNTED FUTURE NET INCOME
                             AS OF DECEMBER 31, 2000
                                    SEC CASE
<TABLE>
<CAPTION>

                                                                                          ($)
                                        --------NET RESERVES--------        ($)        FUTURE NET   PERCENT  CUMULATIVE
                                  (A)      (BARRELS)        (MMCF)      FUTURE NET    INCOME DISC.    OF       PERCENT   TABLE
                                STATUS    OIL/COND.(B)        GAS       INCOME (C)      AT 10.0%     TOTAL    OF TOTAL   NUMBER
                                ------  --------------    ----------  --------------  ------------- -------   ---------  ------
<S>                              <C>           <C>                <C>      <C>            <C>         <C>        <C>          <C>
  KRAUS FIELD,
  ELLIS COUNTY, KANSAS           PV-PD         24,709             0        284,661        219,697     0.070      97.095       44
     KRAUS -A-

  SANDFORD FIELD,
  BARTON COUNTY, KANSAS          PV-UD         36,131             0        431,485        214,627     0.068      97.163      151
     BEN TEMPERO #5 PUD

  SCHWINDT FIELD,
  RUSH COUNTY, KANSAS            PV-PD         32,299             0        438,484        211,726     0.067      97.230      152
     JACOBS -B-

  MARCOTTE FIELD,
  ROOKS COUNTY, KANSAS           PV-PD         30,890             0        426,624        209,550     0.066      97.297       58
     DICK

  RIDGEWAY SOUTH FIELD,
  TREGO COUNTY, KANSAS           PV-PD         17,422             0        283,083        203,406     0.065      97.361      145
     SCHOENTHALER

  CHASE-SILICA FIELD,
  BARTON COUNTY, KANSAS          PV-PD         27,979             0        419,548        201,099     0.064      97.425       24
     ROSE, CHARLES

  BIELMAN FIELD,
  ELLIS COUNTY, KANSAS           PV-PD         41,100             0        474,490        201,072     0.064      97.489       18
     GRASS

  REICHEL FIELD,
  RUSH COUNTY, KANSAS            PV-PD              0            87        378,619        197,610     0.063      97.551      128
     RAU #1

  AXELSON FIELD,
  ROOKS COUNTY, KANSAS           PV-PD         32,091             0        387,446        186,241     0.059      97.610       15
     AXELSON #1

  REICHEL FIELD,
  RUSH COUNTY, KANSAS            PV-BP              0            42        218,509        175,121     0.056      97.666      120
     LIPPERT #3 BP

  REICHEL FIELD,
  RUSH COUNTY, KANSAS            PV-PD              0            85        324,914        175,106     0.056      97.722      131
     ROTHE, R. #1

  LITTLE RIO FIELD,
  RICE COUNTY, KANSAS            PV-PD         25,673             0        326,373        170,467     0.054      97.776       53
     WHITEMAN-HOLLAND

  SPRING CREEK FIELD,
  TREGO COUNTY, KANSAS           PV-PD         19,150             0        261,557        168,048     0.053      97.829      153
     RIDGWAY

  YOHE FIELD,
  ROOKS COUNTY, KANSAS           PV-PD         28,464             0        282,996        165,716     0.053      97.882      168
     FINNESY

  REICHEL FIELD,
  RUSH COUNTY, KANSAS            PV-PD              0            75        216,667        163,342     0.052      97.933      134
     SCHNEIDER #1

  THACKER FIELD,
  RUSSELL COUNTY, KANSAS         PV-PD         12,459             0        306,720        162,931     0.052      97.985      159
     THACKER #2

  OMLOR FIELD,
  STAFFORD COUNTY, KANSAS        PV-PD         28,465             0        348,977        157,556     0.050      98.035       63
     WILLIAMS

  SWAN CREEK FIELD,
  HANCOCK COUNTY, TENNESSEE      PV-BP         13,545            30        525,594        152,227     0.048      98.083      178
     ANITA COLSON #1

  PLAINVILLE FIELD,
  ROOKS COUNTY, KANSAS           PV-PD         21,545             0        380,361        146,806     0.047      98.130       72
     GARVERT #1-A
</TABLE>

<PAGE>

[LOGO OMITTED]   RYDER SCOTT COMPANY                                     TABLE A
                 ---------------------                              Page 6 of 12
                 PETROLEUM CONSULTANTS


                                 TENGASCO, INC.
             PROPERTY RANKING BY PROVED DISCOUNTED FUTURE NET INCOME
                             AS OF DECEMBER 31, 2000
                                    SEC CASE
<TABLE>
<CAPTION>

                                                                                          ($)
                                        --------NET RESERVES--------        ($)        FUTURE NET   PERCENT  CUMULATIVE
                                  (A)      (BARRELS)        (MMCF)      FUTURE NET    INCOME DISC.    OF       PERCENT   TABLE
                                STATUS    OIL/COND.(B)        GAS       INCOME (C)      AT 10.0%     TOTAL    OF TOTAL   NUMBER
                                ------  --------------    ----------  --------------  ------------- -------   ---------  ------
<S>                              <C>           <C>              <C>        <C>            <C>         <C>        <C>         <C>
  REICHEL FIELD,
  RUSH COUNTY, KANSAS            PV-PD              0            88        287,710        140,051     0.044      98.174       96
     FOOS #1

  GATES NORTH FIELD,
  STAFFORD COUNTY, KANSAS        PV-PD         20,541             0        292,448        137,073     0.043      98.218       37
     SCHULZ

  REICHEL FIELD,
  RUSH COUNTY, KANSAS            PV-PD              0           102        307,055        136,317     0.043      98.261      119
     LIPPERT #3

  PLAINVILLE FIELD,
  ROOKS COUNTY, KANSAS           PV-PD         16,102             0        211,543        132,907     0.042      98.303       76
     ROSS

  REICHEL FIELD,
  RUSH COUNTY, KANSAS            PV-PD              0            97        249,052        131,840     0.042      98.345      103
     HANHARDT #1-A

  WERTH NORTH FIELD,
  ELLIS COUNTY, KANSAS           PV-PD         20,243             0        210,597        130,735     0.041      98.387      164
     SCHNELLER

  WEBSTER FIELD,
  ROOKS COUNTY, KANSAS           PV-PD         22,089             0        260,985        128,115     0.041      98.427      162
     CERROW-CERROW -A-

  RIGA NORTHEAST FIELD,
  TREGO COUNTY, KANSAS           PV-PD         18,028             0        218,434        123,840     0.039      98.467      147
     KELLER -A-

  DAVIDSON FIELD,
  RUSSELL COUNTY, KANSAS         PV-PD         16,745             0        159,568        123,669     0.039      98.506       30
     FOSTER

  REICHEL FIELD,
  RUSH COUNTY, KANSAS            PV-BP              0            31        149,186        122,095     0.039      98.544      104
     HANHARDT #1-A BP

  COOPER FIELD,
  GRAHAM COUNTY, KANSAS          PV-PD         19,077             0        229,754        119,116     0.038      98.582       29
     LEWIS -A-

  PLEASANT VIEW NW FIELD,
  RUSH COUNTY, KANSAS            PV-UD         24,500             0        291,455        114,893     0.036      98.619       82
     URBAN #6 PUD

  PLEASANT VIEW NW FIELD,
  RUSH COUNTY, KANSAS            PV-UD         24,500             0        291,455        112,068     0.036      98.654       83
     URBAN #7 PUD

  STREMEL FIELD,
  RUSH COUNTY, KANSAS            PV-PD         16,318             0        194,791        105,407     0.033      98.688      158
     URBAN -D- #2

  RUGGELS WEST FIELD,
  OSBORNE COUNTY, KANSAS         PV-PD          9,189             0        160,381        105,006     0.033      98.721      148
     MAIER

  REICHEL FIELD,
  RUSH COUNTY, KANSAS            PV-PD              0            89        316,288        104,957     0.033      98.754       88
     BIEBER #1

  REICHEL FIELD,
  RUSH COUNTY, KANSAS            PV-PD              0            81        286,856        102,581     0.033      98.787       94
     EDWARDS #1

  REICHEL EAST FIELD,
  RUSH COUNTY, KANSAS            PV-PD              0            70        264,818         99,687     0.032      98.819      142
     BAHR #1

  REICHEL FIELD,
  RUSH COUNTY, KANSAS            PV-PD              0            61        258,103         99,283     0.031      98.850       89
     BIEBER -A- #1
</TABLE>

<PAGE>

[LOGO OMITTED]   RYDER SCOTT COMPANY                                     TABLE A
                 ---------------------                              Page 7 of 12
                 PETROLEUM CONSULTANTS


                                 TENGASCO, INC.
             PROPERTY RANKING BY PROVED DISCOUNTED FUTURE NET INCOME
                             AS OF DECEMBER 31, 2000
                                    SEC CASE
<TABLE>
<CAPTION>

                                                                                          ($)
                                        --------NET RESERVES--------        ($)        FUTURE NET   PERCENT  CUMULATIVE
                                  (A)      (BARRELS)        (MMCF)      FUTURE NET    INCOME DISC.    OF       PERCENT   TABLE
                                STATUS    OIL/COND.(B)        GAS       INCOME (C)      AT 10.0%     TOTAL    OF TOTAL   NUMBER
                                ------  --------------    ----------  --------------  ------------- -------   ---------  ------
<S>                              <C>           <C>               <C>       <C>             <C>        <C>        <C>          <C>
  COOPER FIELD,
  GRAHAM COUNTY, KANSAS          PV-PD         17,609             0        143,130         98,122     0.031      98.881       28
     DEYOUNG

  BEISEL FIELD,
  RUSSELL COUNTY, KANSAS         PV-PD         25,229             0        139,245         96,638     0.031      98.912       16
     BEISEL

  ARPIN SOUTH FIELD,
  ROOKS COUNTY, KANSAS           PV-PD         10,497             0        122,331         95,792     0.030      98.942       13
     THYFAULT

  REICHEL FIELD,
  RUSH COUNTY, KANSAS            PV-PD              0            46        114,496         94,963     0.030      98.972      129
     REICHEL #1

  PAWNEE ROCK FIELD,
  PAWNEE COUNTY, KANSAS          PV-PD         11,992             0        126,642         93,723     0.030      99.002       67
     O'SCHULTZ #1

  REICHEL FIELD,
  RUSH COUNTY, KANSAS            PV-PD              0            69        233,617         89,706     0.028      99.031      126
     OCHS #1-A

  SWAN CREEK FIELD,
  HANCOCK COUNTY, TENNESSEE      PV-BP          8,418             6        193,570         85,430     0.027      99.058      210
     STEPHEN LAWSON #4

  REICHEL FIELD,
  RUSH COUNTY, KANSAS            PV-PD              0            55        142,032         84,725     0.027      99.084      136
     STEITZ -A- #1

  KRAUS FIELD,
  ELLIS COUNTY, KANSAS           PV-PD         15,239             0        129,637         83,989     0.027      99.111       45
     KRAUS -B-

  MCHALE FIELD,
  ROOKS COUNTY, KANSAS           PV-PD         11,916             0        112,769         81,414     0.026      99.137       60
     HILGERS -B-

  TRAPP FIELD,
  BARTON COUNTY, KANSAS          PV-PD          5,876             0        101,832         81,205     0.026      99.163      161
     HOWLIER #1

  PLEASANT VIEW FIELD,
  RUSH COUNTY, KANSAS            PV-BP              0            33        141,732         80,875     0.026      99.188       80
     URBAN -K- #5 BP

  REICHEL FIELD,
  RUSH COUNTY, KANSAS            PV-PD              0            64        218,077         77,262     0.025      99.213      135
     SHERWOOD #1

  IRVIN FIELD,
  ELLIS COUNTY, KANSAS           PV-PD         16,772             0        123,179         76,732     0.024      99.237       43
     KINDERKNECHT -B-

  PLAINVILLE FIELD,
  ROOKS COUNTY, KANSAS           PV-PD         12,590             0        189,715         74,989     0.024      99.261       73
     GARVERT -B- #1

  PAWNEE ROCK FIELD,
  PAWNEE COUNTY, KANSAS          PV-PD         12,720             0         96,892         74,768     0.024      99.285       68
     OETKIN

  REICHEL FIELD,
  RUSH COUNTY, KANSAS            PV-PD              0            44        147,887         73,863     0.023      99.308       87
     BEAHM #1

  CHEYENNE FIELD,
  BARTON COUNTY, KANSAS          PV-PD         12,300             0        121,436         73,363     0.023      99.331       25
     HAMMEKE

  STOCKTON FIELD,
  ROOKS COUNTY, KANSAS           PV-PD         12,955             0        137,163         71,289     0.023      99.354      155
     STEBBINS
</TABLE>

<PAGE>

[LOGO OMITTED]   RYDER SCOTT COMPANY                                     TABLE A
                 ---------------------                              Page 8 of 12
                 PETROLEUM CONSULTANTS


                                 TENGASCO, INC.
             PROPERTY RANKING BY PROVED DISCOUNTED FUTURE NET INCOME
                             AS OF DECEMBER 31, 2000
                                    SEC CASE
<TABLE>
<CAPTION>

                                                                                          ($)
                                        --------NET RESERVES--------        ($)        FUTURE NET   PERCENT  CUMULATIVE
                                  (A)      (BARRELS)        (MMCF)      FUTURE NET    INCOME DISC.    OF       PERCENT   TABLE
                                STATUS    OIL/COND.(B)        GAS       INCOME (C)      AT 10.0%     TOTAL    OF TOTAL   NUMBER
                                ------  --------------    ----------  --------------  ------------- -------   ---------  ------
<S>                              <C>           <C>               <C>       <C>             <C>        <C>        <C>          <C>
  GATES NORTH FIELD,
  STAFFORD COUNTY, KANSAS        PV-PD         10,532             0        140,971         68,661     0.022      99.376       36
     HOFFMAN

  REICHEL FIELD,
  RUSH COUNTY, KANSAS            PV-PD              0            33        110,050         66,662     0.021      99.397      138
     THIELENHAUS #1

  LEIKER EAST FIELD,
  ELLIS COUNTY, KANSAS           PV-PD          8,620             0        187,018         65,747     0.021      99.418       47
     LEIKER

  HERMAN FIELD,
  BARTON COUNTY, KANSAS          PV-PD         10,854             0        116,760         64,399     0.020      99.438       40
     KARST

  PLEASANT VIEW NW FIELD,
  RUSH COUNTY, KANSAS            PV-PD         13,787             0         81,791         64,151     0.020      99.459       81
     URBAN

  SWAN CREEK FIELD,
  HANCOCK COUNTY, TENNESSEE      PV-BP              0            15        112,301         64,078     0.020      99.479      199
     PAUL REED #4

  REICHEL FIELD,
  RUSH COUNTY, KANSAS            PV-PD              0            39        104,254         62,335     0.020      99.499      116
     KOBER #1

  REICHEL FIELD,
  RUSH COUNTY, KANSAS            PV-PD              0            27        106,354         60,928     0.019      99.518      100
     GILLIG #1

  HOBROCK FIELD,
  OSBORNE COUNTY, KANSAS         PV-PD          5,518             0        115,694         60,600     0.019      99.537       41
     HOBROCK

  SWAN CREEK FIELD,
  HANCOCK COUNTY, TENNESSEE      PV-BP              0            14        105,604         59,112     0.019      99.556      197
     PAUL REED #3

  STOCKTON FIELD,
  ROOKS COUNTY, KANSAS           PV-PD         12,368             0        117,936         58,691     0.019      99.575      156
     WATTS

  DISTRICT 57 FIELD,
  ELLIS COUNTY, KANSAS           PV-PD         13,148             0        117,157         58,452     0.019      99.593       31
     FLAX -F-

  SWAN CREEK FIELD,
  HANCOCK COUNTY, TENNESSEE      PV-BP          6,674             0        101,429         56,241     0.018      99.611      213
     WARREN REED #1

  SWAN CREEK FIELD,
  HANCOCK COUNTY, TENNESSEE      PV-BP              0            15        102,448         55,309     0.018      99.629      190
     LAURA J. LAWSON #1

  WESTHUSIN FIELD,
  ROOKS COUNTY, KANSAS           PV-PD          6,393             0         93,349         54,832     0.017      99.646      165
     DOUGHERTY EAST #1

  REICHEL FIELD,
  RUSH COUNTY, KANSAS            PV-PD              0            31         84,858         51,478     0.016      99.662      137
     STEITZ -B- #1

  CENTERVIEW FIELD,
  STAFFORD COUNTY, KANSAS        PV-PD          7,368             0         67,156         51,184     0.016      99.679       21
     BECKERDITE #1

  REICHEL FIELD,
  RUSH COUNTY, KANSAS            PV-PD          6,258             0         70,757         50,549     0.016      99.695      112
     KAISER #1

  REICHEL FIELD,
  RUSH COUNTY, KANSAS            PV-PD              0            15         71,332         45,785     0.015      99.709      102
     HANHARDT #1
</TABLE>

<PAGE>

[LOGO OMITTED]   RYDER SCOTT COMPANY                                     TABLE A
                 ---------------------                              Page 9 of 12
                 PETROLEUM CONSULTANTS


                                 TENGASCO, INC.
             PROPERTY RANKING BY PROVED DISCOUNTED FUTURE NET INCOME
                             AS OF DECEMBER 31, 2000
                                    SEC CASE
<TABLE>
<CAPTION>

                                                                                          ($)
                                        --------NET RESERVES--------        ($)        FUTURE NET   PERCENT  CUMULATIVE
                                  (A)      (BARRELS)        (MMCF)      FUTURE NET    INCOME DISC.    OF       PERCENT   TABLE
                                STATUS    OIL/COND.(B)        GAS       INCOME (C)      AT 10.0%     TOTAL    OF TOTAL   NUMBER
                                ------  --------------    ----------  --------------  ------------- -------   ---------  ------
<S>                              <C>           <C>               <C>        <C>            <C>        <C>        <C>          <C>
  REICHEL FIELD,
  RUSH COUNTY, KANSAS            PV-PD              0            23         72,248         44,883     0.014      99.723      132
     SCHEUERMAN -A- #1

  CONVERSE FIELD,
  BARTON COUNTY, KANSAS          PV-PD         10,670             0         51,664         44,399     0.014      99.737       26
     IANNITTI

  STOCKTON FIELD,
  ROOKS COUNTY, KANSAS           PV-PD          9,007             0         78,872         44,374     0.014      99.752      154
     HINDMAN, D.A.

  REICHEL FIELD,
  RUSH COUNTY, KANSAS            PV-PD              0            37         95,849         44,368     0.014      99.766       97
     FOOS -A- #1

  PLEASANT VIEW FIELD,
  RUSH COUNTY, KANSAS            PV-PD          5,676             0         77,376         43,756     0.014      99.780       79
     URBAN -K-

  REICHEL FIELD,
  RUSH COUNTY, KANSAS            PV-PD              0            38         93,021         40,176     0.013      99.792      109
     HONDERICK #1-C

  MARCOTTE FIELD,
  ROOKS COUNTY, KANSAS           PV-PD          8,260             0         56,851         38,880     0.012      99.805       55
     CROFFOOT -A-

  DUNES NORTH FIELD,
  PAWNEE COUNTY, KANSAS          PV-PD         10,018             0         61,044         38,575     0.012      99.817       33
     LOVETT

  ELLIS NW FIELD,
  TREGO COUNTY, KANSAS           PV-PD          7,891             0         52,655         37,873     0.012      99.829       34
     BAUGHER #1

  GIESICK FIELD,
  RUSH COUNTY, KANSAS            PV-PD              0            27         52,174         35,938     0.011      99.840       38
     GIESICK #2

  REICHEL FIELD,
  RUSH COUNTY, KANSAS            PV-PD              0            29         72,863         35,537     0.011      99.852      117
     LEBSACK -A- #1

  REICHEL FIELD,
  RUSH COUNTY, KANSAS            PV-PD              0            25         67,051         34,066     0.011      99.862      115
     KLEWENO -A- #1

  PLAINVILLE FIELD,
  ROOKS COUNTY, KANSAS           PV-PD          4,276             0         55,500         31,000     0.010      99.872       70
     ANDERSON -A-

  REICHEL FIELD,
  RUSH COUNTY, KANSAS            PV-PD              0            10         37,539         29,262     0.009      99.881      101
     GRUMBEIN #1-A

  REICHEL FIELD,
  RUSH COUNTY, KANSAS            PV-PD              0            16         33,795         28,316     0.009      99.890      130
     ROTHE #1

  REICHEL FIELD,
  RUSH COUNTY, KANSAS            PV-PD              0            28         54,479         28,250     0.009      99.899       85
     APPL #1

  STREMEL FIELD,
  RUSH COUNTY, KANSAS            PV-PD          3,243             6         40,479         27,891     0.009      99.908      157
     OCHS #1 & 3

  RIGA NORTHEAST FIELD,
  TREGO COUNTY, KANSAS           PV-PD          4,507             0         32,057         22,697     0.007      99.915      146
     KELLER

  REICHEL FIELD,
  RUSH COUNTY, KANSAS            PV-PD              0            16         35,488         22,504     0.007      99.923       95
     ELDER #1
</TABLE>

<PAGE>

[LOGO OMITTED]   RYDER SCOTT COMPANY                                     TABLE A
                 ---------------------                             Page 10 of 12
                 PETROLEUM CONSULTANTS


                                 TENGASCO, INC.
             PROPERTY RANKING BY PROVED DISCOUNTED FUTURE NET INCOME
                             AS OF DECEMBER 31, 2000
                                    SEC CASE
<TABLE>
<CAPTION>

                                                                                          ($)
                                        --------NET RESERVES--------        ($)        FUTURE NET   PERCENT  CUMULATIVE
                                  (A)      (BARRELS)        (MMCF)      FUTURE NET    INCOME DISC.    OF       PERCENT   TABLE
                                STATUS    OIL/COND.(B)        GAS       INCOME (C)      AT 10.0%     TOTAL    OF TOTAL   NUMBER
                                ------  --------------    ----------  --------------  ------------- -------   ---------  ------
<S>                              <C>            <C>              <C>        <C>            <C>        <C>        <C>          <C>
  REICHEL FIELD,
  RUSH COUNTY, KANSAS            PV-PD              0            12         33,265         22,088     0.007      99.930      123
     LIPPERT -C- #1

  OMLOR FIELD,
  STAFFORD COUNTY, KANSAS        PV-PD          5,773             0         33,570         21,641     0.007      99.936       62
     MILLER

  CARPENTER FIELD,
  EDWARDS COUNTY, KANSAS         PV-PD          4,440             0         29,106         19,936     0.006      99.943       19
     HENNING

  REICHEL FIELD,
  RUSH COUNTY, KANSAS            PV-PD          4,846             0         26,526         16,588     0.005      99.948       92
     BREIT-HOLZMEISTER -B-

  DUNES NORTH FIELD,
  PAWNEE COUNTY, KANSAS          PV-PD          4,119             0         24,170         16,007     0.005      99.953       32
     BARSTOW

  REICHEL FIELD,
  RUSH COUNTY, KANSAS            PV-PD              0            14         20,978         15,983     0.005      99.958      113
     KAISER #2

  WEBSTER FIELD,
  ROOKS COUNTY, KANSAS           PV-PD          2,979             0         18,675         15,493     0.005      99.963      163
     LOWRY #1

  REICHEL FIELD,
  RUSH COUNTY, KANSAS            PV-PD              0             9         22,871         15,058     0.005      99.968       90
     BRACK -A- #3

  GOTTSCHALK FIELD,
  ELLIS COUNTY, KANSAS           PV-PD              0            15         15,978         12,853     0.004      99.972       39
     WERTH #1

  REICHEL FIELD,
  RUSH COUNTY, KANSAS            PV-PD              0             6         13,609         12,296     0.004      99.976       86
     APPL #2

  REICHEL FIELD,
  RUSH COUNTY, KANSAS            PV-PD              0             8         15,701         11,692     0.004      99.980      133
     SCHLITTER #2

  WESTHUSIN FIELD,
  ROOKS COUNTY, KANSAS           PV-PD          2,453             0         35,531         11,294     0.004      99.983      166
     DOUGHERTY EAST #1 BP

  PLAINVILLE FIELD,
  ROOKS COUNTY, KANSAS           PV-PD          3,230             0         13,664         11,254     0.004      99.987       74
     HARRISON -C-

  MARCOTTE FIELD,
  ROOKS COUNTY, KANSAS           PV-PD          3,555             0         11,705          9,703     0.003      99.990       57
     CROFFOOT -C-

  CHASE-SILICA FIELD,
  BARTON COUNTY, KANSAS          PV-PD          3,738             0         10,797          9,237     0.003      99.993       22
     LANDER #1

  REICHEL FIELD,
  RUSH COUNTY, KANSAS            PV-PD              0            15         13,488          8,954     0.003      99.996      114
     KLEWENO #1

  REICHEL FIELD,
  RUSH COUNTY, KANSAS            PV-PD              0             2          9,246          7,097     0.002      99.998      141
     URBAN R & A #1

  SWAN CREEK FIELD,
  HANCOCK COUNTY, TENNESSEE      PV-PD          1,067             0          6,954          6,196     0.002     100.000      205
     STEPHEN LAWSON #1

  REICHEL FIELD,
  RUSH COUNTY, KANSAS            PV-PD              0             1            368            353     0.000     100.000      121
     LIPPERT -B- #1
</TABLE>

<PAGE>

[LOGO OMITTED]   RYDER SCOTT COMPANY                                     TABLE A
                 ---------------------                             Page 11 of 12
                 PETROLEUM CONSULTANTS


                                 TENGASCO, INC.
             PROPERTY RANKING BY PROVED DISCOUNTED FUTURE NET INCOME
                             AS OF DECEMBER 31, 2000
                                    SEC CASE
<TABLE>
<CAPTION>

                                                                                          ($)
                                        --------NET RESERVES--------        ($)        FUTURE NET   PERCENT  CUMULATIVE
                                  (A)      (BARRELS)        (MMCF)      FUTURE NET    INCOME DISC.    OF       PERCENT   TABLE
                                STATUS    OIL/COND.(B)        GAS       INCOME (C)      AT 10.0%     TOTAL    OF TOTAL   NUMBER
                                ------  --------------    ----------  --------------  ------------- -------   ---------  ------
<S>                              <C>                <C>           <C>          <C>            <C>     <C>       <C>          <C>
  REICHEL FIELD,
  RUSH COUNTY, KANSAS            PV-PD              0             1            286            270     0.000     100.000      108
     HOLZMEISTER #1-B

  PLEASANT FIELD,
  ELLIS COUNTY, KANSAS           PV-PD              0             0              0              0     0.000     100.000       78
     HONAS #1-A

  LIEBENTHAL FIELD,
  RUSH COUNTY, KANSAS            PV-PD              0             0              0              0     0.000     100.000       51
     LEGLEITER -B- #1

  SWAN CREEK FIELD,
  HANCOCK COUNTY, TENNESSEE      PV-SI              0             0              0              0     0.000     100.000      189
     LAURA J. LAWSON #1

  REICHEL FIELD,
  RUSH COUNTY, KANSAS            PV-PD              0             0              0              0     0.000     100.000       98
     FRYE #2

  PLEASANT FIELD,
  RUSH COUNTY, KANSAS            PV-PD              0             0              0              0     0.000     100.000       77
     BASGALL -C- #4

  REICHEL FIELD,
  RUSH COUNTY, KANSAS            PV-PD              0             0              0              0     0.000     100.000       91
     BREIT #1

  LIEBENTHAL FIELD,
  RUSH COUNTY, KANSAS            PV-PD              0             0              0              0     0.000     100.000       50
     GRAHAM #1

  HOBROCK FIELD,
  OSBORNE COUNTY, KANSAS         PV-PD              0             0              0              0     0.000     100.000       42
     HOGAN

  PLAINVILLE FIELD,
  ROOKS COUNTY, KANSAS           PV-PD              0             0              0              0     0.000     100.000       71
     BARDOT #2

  TRAPP FIELD,
  BARTON COUNTY, KANSAS          PV-PD              0             0              0              0     0.000     100.000      160
     DEUTSCH

  REICHEL FIELD,
  RUSH COUNTY, KANSAS            PV-PD              0             0              0              0     0.000     100.000      105
     HOFFMAN #3

  FICKEN FIELD,
  RUSH COUNTY, KANSAS            PV-PD              0             0              0              0     0.000     100.000       35
     SCHWINDT FARMS

  REICHEL FIELD,
  RUSH COUNTY, KANSAS            PV-PD              0             0              0              0     0.000     100.000      127
     PFEIFER -B- #1-B

  LIEBENTHAL FIELD,
  RUSH COUNTY, KANSAS            PV-PD              0             0              0              0     0.000     100.000       49
     DECHANT -B- #2

  CONVERSE FIELD,
  BARTON COUNTY, KANSAS          PV-UD              0             0              0              0     0.000     100.000       27
     IANNITTI #9 PUD

  REICHEL FIELD,
  RUSH COUNTY, KANSAS            PV-PD              0             0              0              0     0.000     100.000      110
     HOOFER #1

  REICHEL FIELD,
  RUSH COUNTY, KANSAS            PV-PD              0             0              0              0     0.000     100.000      111
     JANSON #2-A

  SWAN CREEK FIELD,
  HANCOCK COUNTY, TENNESSEE      PV-PD              0             0              0              0     0.000     100.000      211
     T.J. HARRISON #1
</TABLE>

<PAGE>

[LOGO OMITTED]   RYDER SCOTT COMPANY                                     TABLE A
                 ---------------------                             Page 12 of 12
                 PETROLEUM CONSULTANTS

                                 TENGASCO, INC.
             PROPERTY RANKING BY PROVED DISCOUNTED FUTURE NET INCOME
                             AS OF DECEMBER 31, 2000
                                    SEC CASE
<TABLE>
<CAPTION>

                                                                                          ($)
                                        --------NET RESERVES--------        ($)        FUTURE NET   PERCENT  CUMULATIVE
                                  (A)      (BARRELS)        (MMCF)      FUTURE NET    INCOME DISC.    OF       PERCENT   TABLE
                                STATUS    OIL/COND.(B)        GAS       INCOME (C)      AT 10.0%     TOTAL    OF TOTAL   NUMBER
                                ------  --------------    ----------  --------------  ------------- -------   ---------  ------
<S>                              <C>                <C>           <C>            <C>            <C>   <C>       <C>          <C>
  REICHEL FIELD,
  RUSH COUNTY, KANSAS            PV-PD              0             0              0              0     0.000     100.000      107
     HOLZMEISTER #1-A

  WESTHUSIN FIELD,
  ROOKS COUNTY, KANSAS           PV-PD              0             0              0              0     0.000     100.000      167
     DOUGHERTY EAST #2 PUD

  CARROLL FIELD,
  BARTON COUNTY, KANSAS          PV-PD              0             0              0              0     0.000     100.000       20
     KEENAN -B-

  LEONHARDT SOUTHEAST FIELD,
  ELLIS COUNTY, KANSAS           PV-PD              0             0              0              0     0.000     100.000       48
     KRAUS #1

  MCHALE FIELD,
  ROOKS COUNTY, KANSAS           PV-PD              0             0              0              0     0.000     100.000       61
     KABA #1

  REICHEL FIELD,
  RUSH COUNTY, KANSAS            PV-PD              0             0              0              0     0.000     100.000      118
     LIPPERT #2

  REICHEL FIELD,
  RUSH COUNTY, KANSAS            PV-PD              0             0              0              0     0.000     100.000      106
     HOLZMEISTER #1

  OTIS-ALBERT FIELD,
  RUSH COUNTY, KANSAS            PV-PD              0             0              0              0     0.000     100.000       64
     HARTMAN #1-C

  LIEBENTHAL FIELD,
  RUSH COUNTY, KANSAS            PV-PD              0             0              0              0     0.000     100.000       52
     LEGLEITER -C- #1

  REICHEL FIELD,
  RUSH COUNTY, KANSAS            PV-PD              0             0              0              0     0.000     100.000      122
     LIPPERT -B- #2

  ASH CREEK FIELD,
  BARTON COUNTY, KANSAS          PV-PD              0             0              0              0     0.000     100.000       14
     UNRUH

  REICHEL FIELD,
  RUSH COUNTY, KANSAS            PV-PD              0             0              0              0     0.000     100.000      124
     MCGILL #1

  REICHEL FIELD,
  RUSH COUNTY, KANSAS            PV-PD              0             0              0              0     0.000     100.000      125
     O'DELL #1

                                        --------------   ----------  --------------  -------------  -------   ---------
  **** TOTALS ****                          1,814,905        47,540    447,873,475    315,201,258   100.000     100.000

</TABLE>


(A) RESERVE TYPES: PV = PROVED    STATUS: PD = PRODUCING      DP = DEPLETED
                   PB = PROBABLE          BP = BEHIND PIPE    NP = NON-PRODUCING
                   PS = POSSIBLE          SI = SHUT IN        PB = PAYBACK
                                          UD = UNDEVELOPED
(B) EXCLUDES PLANT PRODUCTS
(C) BEFORE FEDERAL OR STATE/PROVINCE INCOME TAXES

<PAGE>

                            SUMMARY OF GROSS AND NET
                            RESERVE AND INCOME DATA

<PAGE>

[LOGO OMITTED]   RYDER SCOTT COMPANY                                     TABLE B
                 ---------------------                               Page 1 of 7
                 PETROLEUM CONSULTANTS

                                 TENGASCO, INC.
                      ESTIMATED FUTURE RESERVES AND INCOME
                SUMMARY OF GROSS AND NET RESERVE AND INCOME DATA
                             AS OF DECEMBER 31, 2000
                                    SEC CASE
<TABLE>
<CAPTION>

                                    ------ESTIMATED REMAINING RESERVES---------- ------------ESTIMATED FUTURE DOLLARS--------------
                                    -------100% GROSS---- ---------NET---------- GROSS REV.               --NET INCOME BEFORE FIT--
                               (A)   (BARRELS)    (MMCF)   (BARRELS)   (MMCF)    AFTER PROD.    TOTAL                   DISCOUNTED
                             STATUS OIL/COND(B)    GAS    OIL/COND(B) SALES GAS    TAXES      DEDUCTIONS  UNDISCOUNTED   AT 10.0%
                             ------ ----------- --------- -----------  --------- ------------ ------------ ------------ -----------
<S>                          <C>        <C>             <C>    <C>             <C>    <C>          <C>          <C>          <C>
 *** KANSAS PROPERTIES ***

 ARPIN SOUTH FIELD,
 ROOKS COUNTY, KANSAS
 THYFAULT                    PV-PD      12,797          0      10,497          0      277,311      154,980      122,331       95,792

 ASH CREEK FIELD,
 BARTON COUNTY, KANSAS
 UNRUH                       PV-PD           0          0           0          0            0            0            0            0

 AXELSON FIELD,
 ROOKS COUNTY, KANSAS
 AXELSON #1                  PV-PD      40,469          0      32,091          0      847,763      460,317      387,446      186,241

 BEISEL FIELD,
 RUSSELL COUNTY, KANSAS
 BEISEL                      PV-PD      28,833          0      25,229          0      666,483      527,238      139,245       96,638
 BEISEL #9 PUD               PV-UD      38,750          0      33,906          0      895,724      348,504      547,220      252,794

 BIELMAN FIELD,
 ELLIS COUNTY, KANSAS
 GRASS                       PV-PD      46,972          0      41,100          0    1,085,776      611,286      474,490      201,072

 CARPENTER FIELD,
 EDWARDS COUNTY, KANSAS
 HENNING                     PV-PD       6,265          0       4,440          0      117,306       88,200       29,106       19,936

 CARROLL FIELD,
 BARTON COUNTY, KANSAS
 KEENAN -B-                  PV-PD           0          0           0          0            0            0            0            0

 CENTERVIEW FIELD,
 STAFFORD COUNTY, KANSAS
 BECKERDITE #1               PV-PD       9,125          0       7,368          0      194,658      127,502       67,156       51,184

 CHASE-SILICA FIELD,
 BARTON COUNTY, KANSAS
 LANDER #1                   PV-PD       5,039          0       3,738          0       98,752       87,955       10,797        9,237
 LANDER #3 PBUD              PB-UD      47,258          0      35,056          0      926,102      490,294      435,808      214,922
 ROSE, CHARLES               PV-PD      31,976          0      27,979          0      739,142      319,594      419,548      201,099

 CHEYENNE FIELD,
 BARTON COUNTY, KANSAS
 HAMMEKE                     PV-PD      14,749          0      12,300          0      324,947      203,511      121,436       73,363

 CONVERSE FIELD,
 BARTON COUNTY, KANSAS
 IANNITTI                    PV-PD      12,195          0      10,670          0      281,884      230,220       51,664       44,399
 IANNITTI #9 PUD             PV-UD           0          0           0          0            0            0            0            0

 COOPER FIELD,
 GRAHAM COUNTY, KANSAS
 DEYOUNG                     PV-PD      20,124          0      17,609          0      465,186      322,056      143,130       98,122
 LEWIS -A-                   PV-PD      21,802          0      19,077          0      503,962      274,208      229,754      119,116

 DAVIDSON FIELD,
 RUSSELL COUNTY, KANSAS
 FOSTER                      PV-PD      19,755          0      16,745          0      442,369      282,801      159,568      123,669

 DISTRICT 57 FIELD,
 ELLIS COUNTY, KANSAS
 FLAX -F-                    PV-PD      15,026          0      13,148          0      347,328      230,171      117,157       58,452

 DUNES NORTH FIELD,
 PAWNEE COUNTY, KANSAS
 BARSTOW                     PV-PD       5,357          0       4,119          0      108,826       84,656       24,170       16,007
 LOVETT                      PV-PD      13,034          0      10,018          0      264,662      203,618       61,044       38,575

 ELLIS NW FIELD,
 TREGO COUNTY, KANSAS
 BAUGHER #1                  PV-PD      10,306          0       7,891          0      208,457      155,802       52,655       37,873

</TABLE>

<PAGE>

[LOGO OMITTED]   RYDER SCOTT COMPANY                                     TABLE B
                 ---------------------                               Page 2 of 7
                 PETROLEUM CONSULTANTS
<TABLE>
<CAPTION>

                                 TENGASCO, INC.
                      ESTIMATED FUTURE RESERVES AND INCOME
                SUMMARY OF GROSS AND NET RESERVE AND INCOME DATA
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

                                    ------ESTIMATED REMAINING RESERVES---------- ------------ESTIMATED FUTURE DOLLARS--------------
                                    -------100% GROSS---- ---------NET---------- GROSS REV.               --NET INCOME BEFORE FIT--
                               (A)   (BARRELS)    (MMCF)   (BARRELS)   (MMCF)    AFTER PROD.    TOTAL                   DISCOUNTED
                             STATUS OIL/COND(B)    GAS    OIL/COND(B) SALES GAS    TAXES      DEDUCTIONS  UNDISCOUNTED   AT 10.0%
                             ------ ----------- --------- -----------  --------- ------------ ------------ ------------ -----------
<S>                          <C>        <C>            <C>     <C>            <C>     <C>          <C>          <C>          <C>
 KANSAS PROPERTIES - CONTINUED

 FICKEN FIELD,
 RUSH COUNTY, KANSAS
 SCHWINDT FARMS              PV-PD           0          0           0          0            0            0            0            0

 GATES NORTH FIELD,
 STAFFORD COUNTY, KANSAS
 HOFFMAN                     PV-PD      18,912          0      10,532          0      278,234      137,263      140,971       68,661
 SCHULZ                      PV-PD      37,048          0      20,541          0      542,654      250,206      292,448      137,073

 GIESICK FIELD,
 RUSH COUNTY, KANSAS
 GIESICK #2                  PV-PD           0         42           0         27      144,595       92,421       52,174       35,938

 GOTTSCHALK FIELD,
 ELLIS COUNTY, KANSAS
 WERTH #1                    PV-PD           0         22           0         15       77,139       61,161       15,978       12,853

 HERMAN FIELD,
 BARTON COUNTY, KANSAS
 KARST                       PV-PD      15,460          0      10,854          0      286,727      169,967      116,760       64,399

 HOBROCK FIELD,
 OSBORNE COUNTY, KANSAS
 HOBROCK                     PV-PD      11,449          0       5,518          0      145,767       30,073      115,694       60,600
 HOGAN                       PV-PD           0          0           0          0            0            0            0            0

 IRVIN FIELD,
 ELLIS COUNTY, KANSAS
 KINDERKNECHT -B-            PV-PD      19,168          0      16,772          0      443,083      319,904      123,179       76,732

 KRAUS FIELD,
 ELLIS COUNTY, KANSAS
 KRAUS -A-                   PV-PD      30,121          0      24,709          0      652,743      368,082      284,661      219,697
 KRAUS -B-                   PV-PD      17,416          0      15,239          0      402,576      272,939      129,637       83,989
 KRAUS -I-                   PV-PD      30,540          0      25,052          0      661,818      214,122      447,696      263,734

 LEIKER EAST FIELD,
 ELLIS COUNTY, KANSAS
 LEIKER                      PV-PD      23,644          0       8,620          0      227,728       40,710      187,018       65,747

 LEONHARDT SOUTHEAST FIELD,
 ELLIS COUNTY, KANSAS
 KRAUS #1                    PV-PD           0          0           0          0            0            0            0            0

 LIEBENTHAL FIELD,
 RUSH COUNTY, KANSAS
 DECHANT -B- #2              PV-PD           0          0           0          0            0            0            0            0
 GRAHAM #1                   PV-PD           0          0           0          0            0            0            0            0
 LEGLEITER -B- #1            PV-PD           0          0           0          0            0            0            0            0
 LEGLEITER -C- #1            PV-PD           0          0           0          0            0            0            0            0

 LITTLE RIO FIELD,
 RICE COUNTY, KANSAS
 WHITEMAN-HOLLAND            PV-PD      31,297          0      25,673          0      678,225      351,852      326,373      170,467

 MARCOTTE FIELD,
 ROOKS COUNTY, KANSAS
 CROFFOOT                    PV-PD      40,840          0      35,176          0      929,277      263,848      665,429      277,375
 CROFFOOT -A-                PV-PD       9,600          0       8,260          0      218,203      161,352       56,851       38,880
 CROFFOOT -B-                PV-PD      72,532          0      59,499          0    1,571,817    1,098,504      473,313      318,295
 CROFFOOT -C-                PV-PD       4,407          0       3,555          0       93,903       82,198       11,705        9,703
 DICK                        PV-PD      35,303          0      30,890          0      816,036      389,412      426,624      209,550

 MCHALE FIELD,
 ROOKS COUNTY, KANSAS
 HARRISON -A-                PV-PD     106,426          0      93,123          0    2,460,081      876,690    1,583,391      795,182
 HILGERS -B-                 PV-PD      13,618          0      11,916          0      314,789      202,020      112,769       81,414
 KABA #1                     PV-PD           0          0           0          0            0            0            0            0

 OMLOR FIELD,
 STAFFORD COUNTY, KANSAS
 MILLER                      PV-PD       8,144          0       5,773          0      152,504      118,934       33,570       21,641
 WILLIAMS                    PV-PD      39,800          0      28,465          0      751,979      403,002      348,977      157,556
</TABLE>

<PAGE>

[LOGO OMITTED]   RYDER SCOTT COMPANY                                     TABLE B
                 ---------------------                               Page 3 of 7
                 PETROLEUM CONSULTANTS

                                 TENGASCO, INC.
                      ESTIMATED FUTURE RESERVES AND INCOME
                SUMMARY OF GROSS AND NET RESERVE AND INCOME DATA
                             AS OF DECEMBER 31, 2000
                                    SEC CASE
<TABLE>
<CAPTION>

                                    ------ESTIMATED REMAINING RESERVES---------- ------------ESTIMATED FUTURE DOLLARS--------------
                                    -------100% GROSS---- ---------NET---------- GROSS REV.               --NET INCOME BEFORE FIT--
                               (A)   (BARRELS)    (MMCF)   (BARRELS)   (MMCF)    AFTER PROD.    TOTAL                   DISCOUNTED
                             STATUS OIL/COND(B)    GAS    OIL/COND(B) SALES GAS    TAXES      DEDUCTIONS  UNDISCOUNTED   AT 10.0%
                             ------ ----------- --------- -----------  --------- ------------ ------------ ------------ -----------
<S>                          <C>        <C>             <C>    <C>             <C>  <C>          <C>            <C>          <C>
 KANSAS PROPERTIES - CONTINUED

 OTIS-ALBERT FIELD,
 RUSH COUNTY, KANSAS
 HARTMAN #1-C                PV-PD           0          0           0          0            0            0            0            0

 PARADISE CREEK FIELD,
 ROOKS COUNTY, KANSAS
 STAHL                       PV-PD      94,642          0      79,854          0    2,109,558    1,239,712      869,846      464,980
 STAHL #7 PUD                PV-UD      47,000          0      39,657          0    1,047,635      450,238      597,397      252,216

 PAWNEE ROCK FIELD,
 PAWNEE COUNTY, KANSAS
 O'SCHULTZ #1                PV-PD      14,618          0      11,992          0      316,790      190,148      126,642       93,723
 OETKIN                      PV-PD      16,007          0      12,720          0      336,037      239,145       96,892       74,768
 OETKIN #8 PBUD              PB-UD      20,000          0      15,893          0      419,862      310,875      108,987       41,606

 PLAINVILLE FIELD,
 ROOKS COUNTY, KANSAS
 ANDERSON -A-                PV-PD       4,887          0       4,276          0      112,965       57,465       55,500       31,000
 BARDOT #2                   PV-PD           0          0           0          0            0            0            0            0
 GARVERT #1-A                PV-PD      24,623          0      21,545          0      569,161      188,800      380,361      146,806
 GARVERT -B- #1              PV-PD      14,389          0      12,590          0      332,608      142,893      189,715       74,989
 HARRISON -C-                PV-PD       3,692          0       3,230          0       85,332       71,668       13,664       11,254
 JACO                        PV-PD      48,922          0      42,807          0    1,130,863      411,215      719,648      361,850
 ROSS                        PV-PD      18,403          0      16,102          0      425,383      213,840      211,543      132,907

 PLEASANT FIELD,
 RUSH COUNTY, KANSAS
 BASGALL -C- #4              PV-PD           0          0           0          0            0            0            0            0

 PLEASANT FIELD,
 ELLIS COUNTY, KANSAS
 HONAS #1-A                  PV-PD           0          0           0          0            0            0            0            0

 PLEASANT VIEW FIELD,
 RUSH COUNTY, KANSAS
 URBAN -K-                   PV-PD       6,487          0       5,676          0      149,950       72,574       77,376       43,756
 URBAN -K- #5 BP             PV-BP           0         50           0         33      171,930       30,198      141,732       80,875

 PLEASANT VIEW NW FIELD,
 RUSH COUNTY, KANSAS
 URBAN                       PV-PD      15,757          0      13,787          0      364,227      282,436       81,791       64,151
 URBAN #6 PUD                PV-UD      28,000          0      24,500          0      647,224      355,769      291,455      114,893
 URBAN #7 PUD                PV-UD      28,000          0      24,500          0      647,224      355,769      291,455      112,068

 REICHEL FIELD,
 RUSH COUNTY, KANSAS
 ALLEN #1 A&D                PV-PD           0        330           0        215    1,135,809            0    1,135,809      346,253
 APPL #1                     PV-PD           0         43           0         28      146,145       91,666       54,479       28,250
 APPL #2                     PV-PD           0         10           0          6       32,633       19,024       13,609       12,296
 BEAHM #1                    PV-PD           0         72           0         44      230,891       83,004      147,887       73,863
 BIEBER #1                   PV-PD           0        147           0         89      472,520      156,232      316,288      104,957
 BIEBER -A- #1               PV-PD           0        100           0         61      323,834       65,731      258,103       99,283
 BRACK -A- #3                PV-PD           0         13           0          9       45,527       22,656       22,871       15,058
 BREIT #1                    PV-PD           0          0           0          0            0            0            0            0
 BREIT-HOLZMEISTER -B-       PV-PD       5,626          0       4,846          0      128,026      101,500       26,526       16,588
 DECKER -A- #1               PV-PD           0        323           0        209    1,102,259      286,504      815,755      295,392
 EDWARDS #1                  PV-PD           0        124           0         81      426,568      139,712      286,856      102,581
 ELDER #1                    PV-PD           0         25           0         16       85,288       49,800       35,488       22,504
 FOOS #1                     PV-PD           0        144           0         88      462,871      175,161      287,710      140,051
 FOOS -A- #1                 PV-PD           0         60           0         37      193,177       97,328       95,849       44,368
 FRYE #2                     PV-PD           0          0           0          0            0            0            0            0
 GIESICK #1                  PV-PD           0        356           0        231    1,222,441      465,864      756,577      407,274
 GILLIG #1                   PV-PD           0         42           0         27      144,752       38,398      106,354       60,928
 GRUMBEIN #1-A               PV-PD           0         16           0         10       53,426       15,887       37,539       29,262
 HANHARDT #1                 PV-PD           0         25           0         15       81,357       10,025       71,332       45,785
 HANHARDT #1-A               PV-PD           0        160           0         97      514,460      265,408      249,052      131,840
 HANHARDT #1-A BP            PV-BP           0         50           0         31      161,186       12,000      149,186      122,095
 HOFFMAN #3                  PV-PD           0          0           0          0            0            0            0            0
 HOLZMEISTER #1              PV-PD           0          0           0          0            0            0            0            0
 HOLZMEISTER #1-A            PV-PD           0          0           0          0            0            0            0            0
</TABLE>

<PAGE>

[LOGO OMITTED]   RYDER SCOTT COMPANY                                     TABLE B
                 ---------------------                               Page 4 of 7
                 PETROLEUM CONSULTANTS

                                 TENGASCO, INC.
                      ESTIMATED FUTURE RESERVES AND INCOME
                SUMMARY OF GROSS AND NET RESERVE AND INCOME DATA
                             AS OF DECEMBER 31, 2000
                                    SEC CASE
<TABLE>
<CAPTION>


                                    ------ESTIMATED REMAINING RESERVES---------- ------------ESTIMATED FUTURE DOLLARS--------------
                                    -------100% GROSS---- ---------NET---------- GROSS REV.               --NET INCOME BEFORE FIT--
                               (A)   (BARRELS)    (MMCF)   (BARRELS)   (MMCF)    AFTER PROD.    TOTAL                   DISCOUNTED
                             STATUS OIL/COND(B)    GAS    OIL/COND(B) SALES GAS    TAXES      DEDUCTIONS  UNDISCOUNTED   AT 10.0%
                             ------ ----------- --------- -----------  --------- ------------ ------------ ------------ -----------
<S>                          <C>         <C>          <C>       <C>          <C>      <C>          <C>          <C>          <C>
 KANSAS PROPERTIES - CONTINUED
 REICHEL FIELD, RUSH COUNTY - CONTINUED

 HOLZMEISTER #1-B            PV-PD           0          2           0          1        5,389        5,103          286          270
 HONDERICK #1-C              PV-PD           0         58           0         38      199,023      106,002       93,021       40,176
 HOOFER #1                   PV-PD           0          0           0          0            0            0            0            0
 JANSON #2-A                 PV-PD           0          0           0          0            0            0            0            0
 KAISER #1                   PV-PD       7,152          0       6,258          0      165,329       94,572       70,757       50,549
 KAISER #2                   PV-PD           0         22           0         14       76,306       55,328       20,978       15,983
 KLEWENO #1                  PV-PD           0         25           0         15       79,192       65,704       13,488        8,954
 KLEWENO -A- #1              PV-PD           0         39           0         25      132,823       65,772       67,051       34,066
 KOBER #1                    PV-PD           0         60           0         39      205,438      101,184      104,254       62,335
 LEBSACK -A- #1              PV-PD           0         49           0         29      151,144       78,281       72,863       35,537
 LIPPERT #2                  PV-PD           0          0           0          0            0            0            0            0
 LIPPERT #3                  PV-PD           0        156           0        102      536,830      229,775      307,055      136,317
 LIPPERT #3 BP               PV-BP           0         65           0         42      223,509        5,000      218,509      175,121
 LIPPERT -B- #1              PV-PD           0          1           0          1        2,672        2,304          368          353
 LIPPERT -B- #2              PV-PD           0          0           0          0            0            0            0            0
 LIPPERT -C- #1              PV-PD           0         21           0         12       63,793       30,528       33,265       22,088
 MCGILL #1                   PV-PD           0          0           0          0            0            0            0            0
 O'DELL #1                   PV-PD           0          0           0          0            0            0            0            0
 OCHS #1-A                   PV-PD           0        106           0         69      362,945      129,328      233,617       89,706
 PFEIFER -B- #1-B            PV-PD           0          0           0          0            0            0            0            0
 RAU #1                      PV-PD           0        142           0         87      457,751       79,132      378,619      197,610
 REICHEL #1                  PV-PD           0         71           0         46      243,668      129,172      114,496       94,963
 ROTHE #1                    PV-PD           0         24           0         16       83,873       50,078       33,795       28,316
 ROTHE, R. #1                PV-PD           0        139           0         85      448,466      123,552      324,914      175,106
 SCHEUERMAN -A- #1           PV-PD           0         35           0         23      118,896       46,648       72,248       44,883
 SCHLITTER #2                PV-PD           0         13           0          8       43,701       28,000       15,701       11,692
 SCHNEIDER #1                PV-PD           0        124           0         75      398,427      181,760      216,667      163,342
 SHERWOOD #1                 PV-PD           0        108           0         64      336,549      118,472      218,077       77,262
 STEITZ -A- #1               PV-PD           0         85           0         55      291,961      149,929      142,032       84,725
 STEITZ -B- #1               PV-PD           0         52           0         31      166,218       81,360       84,858       51,478
 THIELENHAUS #1              PV-PD           0         51           0         33      174,306       64,256      110,050       66,662
 THIELENHAUS #1 BP           PV-BP           0        145           0         94      498,598       46,578      452,020      317,217
 TORREY #2                   PV-PD           0        266           0        171      901,483      230,336      671,147      294,907
 URBAN R & A #1              PV-PD           0          3           0          2        9,246            0        9,246        7,097

 REICHEL EAST FIELD,
 RUSH COUNTY, KANSAS
 BAHR #1                     PV-PD           0        108           0         70      370,563      105,745      264,818       99,687

 REICHEL WEST FIELD,
 RUSH COUNTY, KANSAS
 LEGLEITER -A- #1            PV-PD           0        320           0        176      928,166      324,736      603,430      233,583
 MUTH #1&2                   PV-PD           0        544           0        292    1,544,632      555,544      989,088      420,634

 RIDGEWAY SOUTH FIELD,
 TREGO COUNTY, KANSAS
 SCHOENTHALER                PV-PD      21,239          0      17,422          0      460,260      177,177      283,083      203,406

 RIGA NORTHEAST FIELD,
 TREGO COUNTY, KANSAS
 KELLER                      PV-PD       5,151          0       4,507          0      119,057       87,000       32,057       22,697
 KELLER -A-                  PV-PD      20,604          0      18,028          0      476,268      257,834      218,434      123,840

 RUGGELS WEST FIELD,
 OSBORNE COUNTY, KANSAS
 MAIER                       PV-PD      13,593          0       9,189          0      242,759       82,378      160,381      105,006
 MAIER #1 BP                 PV-BP      32,800          0      22,174          0      585,775       94,818      490,957      283,230

 SANDFORD FIELD,
 BARTON COUNTY, KANSAS
 BEN TEMPERO                 PV-PD      43,384          0      35,588          0      940,155      489,670      450,485      276,739
 BEN TEMPERO #5 PUD          PV-UD      44,045          0      36,131          0      954,485      523,000      431,485      214,627

 SCHWINDT FIELD,
 RUSH COUNTY, KANSAS
 JACOBS -B-                  PV-PD      36,913          0      32,299          0      853,273      414,789      438,484      211,726

 SPRING CREEK FIELD,
 TREGO COUNTY, KANSAS
 RIDGWAY                     PV-PD      24,573          0      19,150          0      505,900      244,343      261,557      168,048
</TABLE>

<PAGE>

[LOGO OMITTED]   RYDER SCOTT COMPANY                                     TABLE B
                 ---------------------                               Page 5 of 7
                 PETROLEUM CONSULTANTS

                                 TENGASCO, INC.
                      ESTIMATED FUTURE RESERVES AND INCOME
                SUMMARY OF GROSS AND NET RESERVE AND INCOME DATA
                             AS OF DECEMBER 31, 2000
                                    SEC CASE
<TABLE>
<CAPTION>

                                    ------ESTIMATED REMAINING RESERVES---------- ------------ESTIMATED FUTURE DOLLARS--------------
                                    -------100% GROSS---- ---------NET---------- GROSS REV.               --NET INCOME BEFORE FIT--
                               (A)   (BARRELS)    (MMCF)   (BARRELS)   (MMCF)    AFTER PROD.    TOTAL                   DISCOUNTED
                             STATUS OIL/COND(B)    GAS    OIL/COND(B) SALES GAS    TAXES      DEDUCTIONS  UNDISCOUNTED   AT 10.0%
                             ------ ----------- --------- -----------  --------- ------------ ------------ ------------ -----------
<S>                          <C>     <C>            <C>     <C>            <C>     <C>          <C>          <C>          <C>
 KANSAS PROPERTIES - CONTINUED

 STOCKTON FIELD,
 ROOKS COUNTY, KANSAS
 HINDMAN, D.A.               PV-PD      11,128          0       9,007          0      237,940      159,068       78,872       44,374
 STEBBINS                    PV-PD      17,237          0      12,955          0      342,240      205,077      137,163       71,289
 WATTS                       PV-PD      15,281          0      12,368          0      326,727      208,791      117,936       58,691

 STREMEL FIELD,
 RUSH COUNTY, KANSAS
 OCHS #1 & 3                 PV-PD       3,707          9       3,243          6      115,171       74,692       40,479       27,891
 URBAN -D- #2                PV-PD      18,649          0      16,318          0      431,076      236,285      194,791      105,407

 THACKER FIELD,
 RUSSELL COUNTY, KANSAS
 THACKER #2                  PV-PD      14,698          0      12,459          0      329,133       22,413      306,720      162,931

 TRAPP FIELD,
 BARTON COUNTY, KANSAS
 DEUTSCH                     PV-PD           0          0           0          0            0            0            0            0
 HOWLIER #1                  PV-PD       7,645          0       5,876          0      155,241       53,409      101,832       81,205

 WEBSTER FIELD,
 ROOKS COUNTY, KANSAS
 CERROW-CERROW -A-           PV-PD      25,244          0      22,089          0      583,527      322,542      260,985      128,115
 LOWRY #1                    PV-PD       3,514          0       2,979          0       78,689       60,014       18,675       15,493

 WERTH NORTH FIELD,
 ELLIS COUNTY, KANSAS
 SCHNELLER                   PV-PD      24,677          0      20,243          0      534,763      324,166      210,597      130,735

 WESTHUSIN FIELD,
 ROOKS COUNTY, KANSAS
 DOUGHERTY EAST #1           PV-PD       8,340          0       6,393          0      168,877       75,528       93,349       54,832
 DOUGHERTY EAST #1 BP        PV-PD       3,200          0       2,453          0       64,797       29,266       35,531       11,294
 DOUGHERTY EAST #2 PUD       PV-PD           0          0           0          0            0            0            0            0

 YOHE FIELD,
 ROOKS COUNTY, KANSAS
 FINNESY                     PV-PD      32,531          0      28,464          0      751,964      468,968      282,996      165,716
 MOSHER                      PV-PD      30,220          0      26,442          0      698,547      298,890      399,657      233,392


 STATE SUMMARIES - KANSAS
 ------------------------
  PROVED PRODUCING                   1,536,282      4,687   1,257,341      2,889   48,474,702   22,987,472   25,487,230   13,068,086
  PROVED BEHIND PIPE                    32,800        310      22,174        200    1,640,998      188,594    1,452,404      978,538
  PROVED UNDEVELOPED                   185,795          0     158,694          0    4,192,292    2,033,280    2,159,012      946,598
                                    ----------- ---------  ---------- ---------- ------------ ------------ ------------ ------------
  TOTAL PROVED                       1,754,877      4,997   1,438,209      3,089   54,307,992   25,209,346   29,098,646   14,993,222

  TOTAL PROBABLE UNDEVELOPED            67,258          0      50,949          0    1,345,964      801,169      544,795      256,528
</TABLE>

<PAGE>

[LOGO OMITTED]   RYDER SCOTT COMPANY                                     TABLE B
                 ---------------------                               Page 6 of 7
                 PETROLEUM CONSULTANTS

                                 TENGASCO, INC.
                      ESTIMATED FUTURE RESERVES AND INCOME
                SUMMARY OF GROSS AND NET RESERVE AND INCOME DATA
                             AS OF DECEMBER 31, 2000
                                    SEC CASE
<TABLE>
<CAPTION>

                                    ------ESTIMATED REMAINING RESERVES---------- ------------ESTIMATED FUTURE DOLLARS--------------
                                    -------100% GROSS---- ---------NET---------- GROSS REV.               --NET INCOME BEFORE FIT--
                               (A)   (BARRELS)    (MMCF)   (BARRELS)   (MMCF)    AFTER PROD.    TOTAL                   DISCOUNTED
                             STATUS OIL/COND(B)    GAS    OIL/COND(B) SALES GAS    TAXES      DEDUCTIONS  UNDISCOUNTED   AT 10.0%
                             ------ ----------- --------- -----------  --------- ------------ ------------ ------------ -----------
<S>                           <C>       <C>         <C>        <C>          <C>     <C>            <C>        <C>         <C>
 *** TENNESSEE PROPERTIES ***

 SWAN CREEK FIELD,
 HANCOCK COUNTY, TENNESSEE
 ANITA COLSON #1              PV-SI           0     1,296            0      1,134   10,749,752      93,999   10,655,753    7,927,799
 ANITA COLSON #1              PV-BP      15,480        34       13,545         30      598,531      72,937      525,594      152,227
 ANITA COLSON #2              PV-SI           0       120            0        105      995,074      18,335      976,739      857,395
 CHEVRON WARREN REED #1       PV-SI           0     1,905            0      1,667   15,796,595      90,796   15,705,799   12,011,204
 D. SUTTON HEIRS #1           PV-SI           0     2,578            0      1,749   16,576,370     142,754   16,433,616   11,140,327
 D. SUTTON HEIRS #1           PV-BP           0       206            0        140    1,324,487      67,070    1,257,417      593,815
 DARRELL SUTTON #1            PV-SI           0       102            0         89      845,814      34,440      811,374      711,752
 DEWEY SUTTON #1              PV-PD      91,494         0       80,057          0    1,871,499     135,389    1,736,110    1,292,196
 DORIS HELTON #1              PV-SI           0     1,831            0      1,602   15,186,715     125,984   15,060,731   10,360,880
 DORIS HELTON #1              PV-BP           0       112            0         98      928,736      51,294      877,442      442,093
 GARY PATTON #2               PV-SI           0       865            0        568    5,379,032      72,334    5,306,698    4,250,549
 GARY PATTON #2               PV-BP      20,640        69       13,545         45      745,767      88,925      656,842      235,603
 LAURA J. LAWSON #1           PV-SI           0         0            0          0            0           0            0            0
 LAURA J. LAWSON #1           PV-BP           0        17            0         15      140,969      38,521      102,448       55,309
 LAURA J. LAWSON #2           PV-SI           0     1,097            0        720    6,824,712      84,896    6,739,816    5,124,797
 LAURA J. LAWSON #2           PV-BP      12,900       215        8,466        141    1,535,032      72,355    1,462,677      457,447
 PAUL REED #1                 PV-SI           0       818            0        613    5,810,793      20,000    5,790,793    4,309,009
 PAUL REED #2                 PV-PD      45,566         0       34,174          0      798,892     116,800      682,092      525,380
 PAUL REED #2                 PV-BP           0       103            0         77      732,091      57,231      674,860      335,918
 PAUL REED #3                 PV-SI           0       657            0        431    4,083,239      68,829    4,014,410    3,171,220
 PAUL REED #3                 PV-BP           0        22            0         14      136,822      31,218      105,604       59,112
 PAUL REED #4                 PV-SI           0     2,465            0      2,157   20,440,236     147,696   20,292,540   12,939,684
 PAUL REED #4                 PV-BP           0        17            0         15      140,969      28,668      112,301       64,078
 PAUL REED #5                 PV-PD     142,876         0      125,017          0    2,922,512     192,800    2,729,712    1,918,675
 PAUL REED/HELTON UNIT #6     PV-PD      85,490         0       56,103          0    1,311,509     135,200    1,176,309      889,847
 PURKEY #1                    PV-SI           0     2,578            0      1,128   10,689,404      71,377   10,618,027    7,194,694
 RAY DEAN HELTON #1           PV-SI           0       459            0        402    3,806,160      29,671    3,776,489    3,560,528
 RAY DEAN HELTON #1           PV-BP           0       129            0        113    1,069,705      85,139      984,566      743,944
 STEPHEN LAWSON #1            PV-PD       2,440         0        1,067          0       24,954      18,000        6,954        6,196
 STEPHEN LAWSON #2            PV-SI           0       128            0         84      796,060      30,949      765,111      698,952
 STEPHEN LAWSON #3            PV-SI           0       814            0        623    5,907,867      73,286    5,834,581    4,553,857
 STEPHEN LAWSON #3            PV-BP      38,700        26       29,630         20      881,302      94,195      787,107      288,955
 STEPHEN LAWSON #4            PV-SI           0       664            0        436    4,129,560      66,664    4,062,896    3,145,504
 STEPHEN LAWSON #4            PV-BP      12,827         9        8,418          6      250,370      56,800      193,570       85,430
 T.J. HARRISON #1             PV-PD           0         0            0          0            0           0            0            0
 WARREN REED #1               PV-SI           0       383            0        335    3,175,946      50,071    3,125,875    2,564,728
 WARREN REED #1               PV-BP       7,628         0        6,674          0      156,029      54,600      101,429       56,241
 WARREN REED #2               PV-SI           0     5,822            0      4,549   43,106,589     201,216   42,905,373   27,828,474
 WARREN REED #2               PV-BP           0       181            0        141    1,340,093      61,358    1,278,735      621,503
 LOCATION # 1                 PV-UD           0     3,813            0      3,337   31,621,527     349,652   31,271,875   22,671,454
 LOCATION # 2                 PV-UD           0     3,179            0      2,782   26,362,747     347,940   26,014,807   18,846,372
 LOCATION # 4                 PV-UD           0       953            0        834    7,904,625     323,364    7,581,261    5,394,837
 LOCATION # 5                 PV-UD           0     1,525            0      1,334   12,643,822     327,875   12,315,947    8,869,411
 LOCATION # 6                 PV-UD           0     1,150            0      1,006    9,532,061     296,626    9,235,435    7,221,576
 LOCATION # 7                 PV-UD           0     1,906            0      1,668   15,807,341     331,403   15,475,938   11,196,802
 LOCATION # 8                 PV-UD           0     1,398            0      1,223   11,593,488     328,480   11,265,008    7,981,230
 LOCATION # 9                 PV-UD           0       889            0        778    7,373,910     313,451    7,060,459    5,119,690
 LOCATION #10                 PV-UD           0     1,270            0      1,111   10,533,139     304,646   10,228,493    7,777,888
 LOCATION #11                 PV-UD           0     1,270            0      1,111   10,533,157     304,195   10,228,962    7,720,723
 LOCATION #12                 PV-UD           0     1,270            0      1,111   10,533,157     304,195   10,228,962    7,720,723
 LOCATION #13                 PV-UD           0     1,906            0      1,668   15,805,340     329,935   15,475,405   11,040,496
 LOCATION #14                 PV-UD           0     1,270            0      1,111   10,533,157     304,295   10,228,862    7,656,855
 LOCATION #15                 PV-UD           0     1,158            0      1,013    9,599,354     299,848    9,299,506    7,066,251
 LOCATION #16                 PV-UD           0       634            0        555    5,261,055     292,325    4,968,730    3,776,673
 LOCATION #17                 PV-UD           0       634            0        555    5,261,055     292,425    4,968,630    3,745,400
 LOCATION #18                 PV-UD           0       889            0        778    7,372,941     310,146    7,062,795    5,022,296
 LOCATION #19                 PV-UD           0       507            0        444    4,205,933     289,213    3,916,720    2,963,411
 LOCATION #20                 PV-UD           0       571            0        500    4,734,594     291,127    4,443,467    3,222,626
 LOCATION #21                 PV-UD           0       634            0        555    5,258,023     292,183    4,965,840    3,594,708
 LOCATION #23                 PV-UD           0       634            0        555    5,258,023     292,283    4,965,740    3,564,939
 LOCATION #24                 PV-UD           0       383            0        335    3,175,946     281,373    2,894,573    2,097,744
 LOCATION #25                 PV-UD           0       319            0        279    2,645,239     272,545    2,372,694    1,807,508
 LOCATION #26                 PV-UD           0       128            0        112    1,061,413     266,147      795,266      592,579
 LOCATION #27                 PV-UD           0       128            0        112    1,061,413     266,147      795,266      592,579
</TABLE>

<PAGE>

[LOGO OMITTED]   RYDER SCOTT COMPANY                                     TABLE B
                 ---------------------                               Page 7 of 7
                 PETROLEUM CONSULTANTS

                                 TENGASCO, INC.
                      ESTIMATED FUTURE RESERVES AND INCOME
                SUMMARY OF GROSS AND NET RESERVE AND INCOME DATA
                             AS OF DECEMBER 31, 2000
                                    SEC CASE
<TABLE>
<CAPTION>

                                    ------ESTIMATED REMAINING RESERVES---------- ------------ESTIMATED FUTURE DOLLARS--------------
                                    -------100% GROSS---- ---------NET---------- GROSS REV.               --NET INCOME BEFORE FIT--
                               (A)   (BARRELS)    (MMCF)   (BARRELS)   (MMCF)    AFTER PROD.    TOTAL                   DISCOUNTED
                             STATUS OIL/COND(B)    GAS    OIL/COND(B) SALES GAS    TAXES      DEDUCTIONS  UNDISCOUNTED   AT 10.0%
                             ------ ----------- --------- -----------  --------- ------------ ------------ ------------ -----------
<S>                           <C>     <C>           <C>      <C>           <C>     <C>          <C>         <C>          <C>
 TENNESSEE PROPERTIES - CONTINUED

 SWAN CREEK FIELD,
 HANCOCK COUNTY - CONTINUED

 LOCATION #28                 PV-UD           0        128           0        112    1,061,413     266,147      795,266      592,579
 LOCATION #29                 PV-UD           0        128           0        112    1,061,413     266,147      795,266      587,682
 LOCATION #30                 PV-UD           0        128           0        112    1,061,413     266,147      795,266      587,682
 PROBABLE LOCATIONS           PB-UD           0     13,697           0     11,985  113,580,094     930,909  112,649,185   75,180,091
 POSSIBLE LOCATIONS           PS-UD           0      8,243           0      7,213   68,354,301     819,162   67,535,139   43,252,319


 STATE SUMMARIES - TENNESSEE
 ---------------------------
  PROVED PRODUCING                      367,866          0     296,418          0    6,929,366     598,189    6,331,177    4,632,294
  PROVED SHUT-IN                              0     24,582           0     18,392  174,299,918   1,423,297  172,876,621  122,351,353
  PROVED BEHIND PIPE                    108,175      1,140      80,278        855    9,980,903     860,311    9,120,592    4,191,675
  PROVED UNDEVELOPED                          0     28,802           0     25,204  238,856,699   8,410,260  230,446,439  169,032,714
                                     ----------- ---------  ---------- ---------- ------------ ----------- ------------ ------------
  TOTAL PROVED                          476,041     54,524     376,696     44,451  430,066,886  11,292,057  418,774,829  300,208,036

  TOTAL PROBABLE UNDEVELOPED                  0     13,697           0     11,985  113,580,094     930,909  112,649,185   75,180,091

  TOTAL POSSIBLE UNDEVELOPED                  0      8,243           0      7,213   68,354,301     819,162   67,535,139   43,252,319




 GRAND SUMMARIES - TOTAL PROPERTIES
 ----------------------------------
  PROVED PRODUCING                    1,904,148      4,687   1,553,759      2,889   55,404,068  23,585,661   31,818,407   17,700,380
  PROVED SHUT-IN                              0     24,582           0     18,392  174,299,918   1,423,297  172,876,621  122,351,353
  PROVED BEHIND PIPE                    140,975      1,450     102,452      1,055   11,621,901   1,048,905   10,572,996    5,170,213
  PROVED UNDEVELOPED                    185,795     28,802     158,694     25,204  243,048,991  10,443,540  232,605,451  169,979,312
                                     ----------- ---------  ---------- ---------- ------------ ----------- ------------ ------------
                                     ----------- ---------  ---------- ---------- ------------ ----------- ------------ ------------
  TOTAL PROVED                        2,230,918     59,521   1,814,905     47,540  484,374,878  36,501,403  447,873,475  315,201,258

  TOTAL PROBABLE UNDEVELOPED             67,258     13,697      50,949     11,985  114,926,058   1,732,078  113,193,980   75,436,619

  TOTAL POSSIBLE UNDEVELOPED                  0      8,243           0      7,213   68,354,301     819,162   67,535,139   43,252,319
</TABLE>



(A) Reserve Types: PV = Proved     Status: PD = Producing     DP = Depleted
                   PB = Probable           BP = Behind Pipe   NP = Non-Producing
                   PS = Possible           SI = Shut In       PB = Payback
                                           UD = Undeveloped
(B) Excludes Plant Products

<PAGE>

                                   SUMMARY OF
                               INITIAL BASIC DATA

<PAGE>

[LOGO OMITTED]   RYDER SCOTT COMPANY                                     TABLE C
                 ---------------------                              Page 1 of 11
                 PETROLEUM CONSULTANTS


                                 TENGASCO, INC.
                          SUMMARY OF INITIAL BASIC DATA
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>

                                          RES.    NO.                 ----INTERESTS-----   LIQUIDS  --GAS DATA--   GROSS
                                    PRI.  TYPE    OF      LOCATION    ----EVALUATED-----    PRICE    PRICE          COST
                                    PROD   (A)   WELLS  SEC TWP RNG    W.I.      N.R.I.     $/BBL    $(B)   BTU    $/MONTH
                                    ----  -----  ----- -------------- --------  --------  --------- ------- ----  ---------

  ARPIN SOUTH FIELD,
  ROOKS COUNTY, KANSAS
  --------------------
<S>                                 <C>   <C>        <C>  <C>         <C>       <C>         <C>      <C>              <C>
  THYFAULT                          OIL   PV-PD      1    8-9S-20W    1.000000  0.820313    26.46    0.0000 N/A       1476.

  ASH CREEK FIELD,
  BARTON COUNTY, KANSAS
  ---------------------

  UNRUH                             OIL   PV-PD      2   30-20S-15W   0.812500  0.710938     0.00    0.0000 N/A        778.

  AXELSON FIELD,
  ROOKS COUNTY, KANSAS
  --------------------

  AXELSON #1                        OIL   PV-PD      2   24-7S-19W    1.000000  0.792969    26.46    0.0000 N/A       1221.

  BEISEL FIELD,
  RUSSELL COUNTY, KANSAS
  ----------------------

  BEISEL                            OIL   PV-PD      4   15-14S-12W   1.000000  0.875000    26.46    0.0000 N/A       3446.

  BEISEL #9 PUD                     OIL   PV-UD      1   15-14S-12W   1.000000  0.875000    26.46    0.0000 N/A        862.

  BIELMAN FIELD,
  ELLIS COUNTY, KANSAS
  --------------------

  GRASS                             OIL   PV-PD      1   24-15S-18W   1.000000  0.875000    26.46    0.0000 N/A       1326.

  CARPENTER FIELD,
  EDWARDS COUNTY, KANSAS
  ----------------------

  HENNING                           OIL   PV-PD      1   1-24S-17W    0.875000  0.708801    26.46    0.0000 N/A        630.

  CARROLL FIELD,
  BARTON COUNTY, KANSAS
  ---------------------

  KEENAN -B-                        OIL   PV-PD      0   21-17S-14W   0.992754  0.868660     0.00    0.0000 N/A          0.

  CENTERVIEW FIELD,
  STAFFORD COUNTY, KANSAS
  -----------------------

  BECKERDITE #1                     OIL   PV-PD      1   21-24S-13W   0.937500  0.807495    26.46    0.0000 N/A       1193.

  CHASE-SILICA FIELD,
  BARTON COUNTY, KANSAS
  ---------------------

  LANDER #1                         OIL   PV-PD      1   10-20S-11W   0.915630  0.741803    26.46    0.0000 N/A       1601.

  LANDER #3 PBUD                    OIL   PB-UD      1   10-20S-11W   0.915630  0.741803    26.46    0.0000 N/A       1601.

  ROSE, CHARLES                     OIL   PV-PD      3   3-20S-11W    1.000000  0.875000    26.46    0.0000 N/A        803.

  CHEYENNE FIELD,
  BARTON COUNTY, KANSAS
  ---------------------

  HAMMEKE                           OIL   PV-PD      1   2-19S-12W    1.000000  0.833984    26.46    0.0000 N/A        881.
</TABLE>

<PAGE>

[LOGO OMITTED]   RYDER SCOTT COMPANY                                     TABLE C
                 ---------------------                              Page 2 of 11
                 PETROLEUM CONSULTANTS


                                 TENGASCO, INC.
                          SUMMARY OF INITIAL BASIC DATA
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>


                                          RES.    NO.                 ----INTERESTS-----   LIQUIDS  --GAS DATA--   GROSS
                                    PRI.  TYPE    OF      LOCATION    ----EVALUATED-----    PRICE    PRICE          COST
                                    PROD   (A)   WELLS  SEC TWP RNG    W.I.      N.R.I.     $/BBL    $(B)   BTU    $/MONTH
                                    ----  -----  ----- -------------- --------  --------  --------- ------- ----  ---------
<S>                                 <C>   <C>        <C>  <C>         <C>       <C>         <C>      <C>              <C>
  CONVERSE FIELD,
  BARTON COUNTY, KANSAS
  ---------------------
  IANNITTI                          OIL   PV-PD      6   19-20S-15W   1.000000  0.875000    26.46    0.0000 N/A       3837.

  IANNITTI #9 PUD                   OIL   PV-UD      0   19-20S-15W   1.000000  0.875000     0.00    0.0000 N/A          0.

  COOPER FIELD,
  GRAHAM COUNTY, KANSAS
  ---------------------

  DEYOUNG                           OIL   PV-PD      2   4-10S-21W    1.000000  0.875000    26.46    0.0000 N/A       1988.

  LEWIS -A-                         OIL   PV-PD      2   9-10S-21W    1.000000  0.875000    26.46    0.0000 N/A        836.

  DAVIDSON FIELD,
  RUSSELL COUNTY, KANSAS
  ----------------------

  FOSTER                            OIL   PV-PD      4   33-15S-11W   1.000000  0.847656    26.46    0.0000 N/A       2643.

  DISTRICT 57 FIELD,
  ELLIS COUNTY, KANSAS
  --------------------

  FLAX -F-                          OIL   PV-PD      1   28-12S-20W   1.000000  0.875000    26.46    0.0000 N/A        683.

  DUNES NORTH FIELD,
  PAWNEE COUNTY, KANSAS
  ---------------------

  BARSTOW                           OIL   PV-PD      1   14-22S-15W   0.937500  0.769043    26.46    0.0000 N/A        516.

  LOVETT                            OIL   PV-PD      1   15-22S-15W   0.937000  0.768633    26.46    0.0000 N/A       1092.

  ELLIS NW FIELD,
  TREGO COUNTY, KANSAS
  --------------------

  BAUGHER #1                        OIL   PV-PD      1   23-12S-21W   1.000000  0.765630    26.46    0.0000 N/A       1129.

  FICKEN FIELD,
  RUSH COUNTY, KANSAS
  -------------------

  SCHWINDT FARMS                    OIL   PV-PD      1   23-17S-18W   1.000000  0.820313     0.00    0.0000 N/A        657.

  GATES NORTH FIELD,
  STAFFORD COUNTY, KANSAS
  -----------------------

  HOFFMAN                           OIL   PV-PD      1   22-21S-13W   0.687500  0.556915    26.46    0.0000 N/A        531.

  SCHULZ                            OIL   PV-PD      2   22-21S-13W   0.687500  0.554449    26.46    0.0000 N/A        892.

  GIESICK FIELD,
  RUSH COUNTY, KANSAS
  -------------------

  GIESICK #2                        GAS   PV-PD      1   19-17S-17W   1.000000  0.875000     0.00    5.9400  892       567.

  GOTTSCHALK FIELD,
  ELLIS COUNTY, KANSAS
  --------------------

  WERTH #1                          GAS   PV-PD      1   36-15S-18W   1.000000  0.875000     0.00    5.9400  892       703.

  HERMAN FIELD,
  BARTON COUNTY, KANSAS
  ---------------------

  KARST                             OIL   PV-PD      2   18-16S-14W   0.812500  0.702051    26.46    0.0000 N/A        734.
</TABLE>

<PAGE>

[LOGO OMITTED]   RYDER SCOTT COMPANY                                     TABLE C
                 ---------------------                              Page 3 of 11
                 PETROLEUM CONSULTANTS


                                 TENGASCO, INC.
                          SUMMARY OF INITIAL BASIC DATA
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>

                                          RES.    NO.                 ----INTERESTS-----   LIQUIDS  --GAS DATA--   GROSS
                                    PRI.  TYPE    OF      LOCATION    ----EVALUATED-----    PRICE    PRICE          COST
                                    PROD   (A)   WELLS  SEC TWP RNG    W.I.      N.R.I.     $/BBL    $(B)   BTU    $/MONTH
                                    ----  -----  ----- -------------- --------  --------  --------- ------- ----  ---------

  HOBROCK FIELD,
  OSBORNE COUNTY, KANSAS
  ----------------------
<S>                                 <C>   <C>        <C> <C>          <C>       <C>         <C>      <C>              <C>
  HOBROCK                           OIL   PV-PD      1   3-10S-15W    0.593750  0.481947    26.46    0.0000 N/A        190.

  HOGAN                             OIL   PV-PD      3   10-10S-15W   0.593750  0.480972     0.00    0.0000 N/A        989.

  IRVIN FIELD,
  ELLIS COUNTY, KANSAS
  --------------------

  KINDERKNECHT -B-                  OIL   PV-PD      2   8-14S-19W    1.000000  0.875000    26.46    0.0000 N/A       1538.

  KRAUS FIELD,
  ELLIS COUNTY, KANSAS
  --------------------

  KRAUS -A-                         OIL   PV-PD      3   22-14S-19W   1.000000  0.820310    26.46    0.0000 N/A       3042.

  KRAUS -B-                         OIL   PV-PD      2   16-14S-19W   1.000000  0.875000    26.46    0.0000 N/A       1429.

  KRAUS -I-                         OIL   PV-PD      2   27-14S-19W   1.000000  0.820313    26.46    0.0000 N/A        762.

  LEIKER EAST FIELD,
  ELLIS COUNTY, KANSAS
  --------------------

  LEIKER                            OIL   PV-PD      1   14-15S-18W   0.416670  0.364590    26.46    0.0000 N/A        207.

  LEONHARDT SOUTHEAST FIELD,
  ELLIS COUNTY, KANSAS
  --------------------------

  KRAUS #1                          OIL   PV-PD      2   28-14S-18W   1.000000  0.792969     0.00    0.0000 N/A       1861.

  LIEBENTHAL FIELD,
  RUSH COUNTY, KANSAS
  -------------------

  DECHANT -B- #2                    GAS   PV-PD      0   23-16S-18W   1.000000  0.875000     0.00    0.0000 N/A          0.

  GRAHAM #1                         GAS   PV-PD      0   23-16S-18W   1.000000  0.875000     0.00    0.0000 N/A          0.

  LEGLEITER -B- #1                  GAS   PV-PD      0   26-16S-18W   1.000000  0.875000     0.00    0.0000 N/A          0.

  LEGLEITER -C- #1                  GAS   PV-PD      0   24-16S-18W   1.000000  0.875000     0.00    0.0000 N/A          0.

  LITTLE RIO FIELD,
  RICE COUNTY, KANSAS
  -------------------

  WHITEMAN-HOLLAND                  OIL   PV-PD      3   19-19S-6W    1.000000  0.820313    26.46    0.0000 N/A       1076.

  MARCOTTE FIELD,
  ROOKS COUNTY, KANSAS
  --------------------

  CROFFOOT                          OIL   PV-PD      5   11-10S-20W   1.000000  0.861328    26.46    0.0000 N/A        559.

  CROFFOOT -A-                      OIL   PV-PD      4   11-10S-20W   1.000000  0.860369    26.46    0.0000 N/A        996.

  CROFFOOT -B-                      OIL   PV-PD      6   11-10S-20W   1.000000  0.820313    26.46    0.0000 N/A       6424.

  CROFFOOT -C-                      OIL   PV-PD      2   11-10S-20W   1.000000  0.806641    26.46    0.0000 N/A       1126.

  DICK                              OIL   PV-PD      2   17-10S-19W   1.000000  0.875000    26.46    0.0000 N/A       1044.
</TABLE>

<PAGE>

[LOGO OMITTED]   RYDER SCOTT COMPANY                                     TABLE C
                 ---------------------                              Page 4 of 11
                 PETROLEUM CONSULTANTS


                                 TENGASCO, INC.
                          SUMMARY OF INITIAL BASIC DATA
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>

                                          RES.    NO.                 ----INTERESTS-----   LIQUIDS  --GAS DATA--   GROSS
                                    PRI.  TYPE    OF      LOCATION    ----EVALUATED-----    PRICE    PRICE          COST
                                    PROD   (A)   WELLS  SEC TWP RNG    W.I.      N.R.I.     $/BBL    $(B)   BTU    $/MONTH
                                    ----  -----  ----- -------------- --------  --------  --------- ------- ----  ---------

  MCHALE FIELD,
  ROOKS COUNTY, KANSAS
  --------------------
<S>                                 <C>   <C>        <C> <C>          <C>       <C>         <C>      <C>              <C>
  HARRISON -A-                      OIL   PV-PD      5   17-9S-18W    1.000000  0.875000    26.46    0.0000 N/A       2295.

  HILGERS -B-                       OIL   PV-PD      3   17-9S-18W    1.000000  0.875000    26.46    0.0000 N/A       1365.

  KABA #1                           OIL   PV-PD      0   16-9S-18W    1.000000  0.847656     0.00    0.0000 N/A          0.

  OMLOR FIELD,
  STAFFORD COUNTY, KANSAS
  -----------------------

  MILLER                            OIL   PV-PD      1   11-22S-14W   0.875000  0.708801    26.46    0.0000 N/A        723.

  WILLIAMS                          OIL   PV-PD      2   11-22S-14W   0.875000  0.715210    26.46    0.0000 N/A       1094.

  OTIS-ALBERT FIELD,
  RUSH COUNTY, KANSAS
  ------------------

  HARTMAN #1-C                      GAS   PV-PD      0   2-18S-16W    1.000000  0.820313     0.00    0.0000 N/A          0.

  PARADISE CREEK FIELD,
  ROOKS COUNTY, KANSAS
  ---------------------

  STAHL                             OIL   PV-PD      4   21-9S-18W    1.000000  0.843750    26.46    0.0000 N/A       4078.

  STAHL #7 PUD                      OIL   PV-UD      1   21-9S-18W    1.000000  0.843750    26.46    0.0000 N/A       1020.

  PAWNEE ROCK FIELD,
  PAWNEE COUNTY, KANSAS
  ---------------------

  O'SCHULTZ #1                      OIL   PV-PD      2   13-20S-16W   0.937500  0.820313    26.46    0.0000 N/A       1525.

  OETKIN                            OIL   PV-PD      2   24-20S-16W   0.937500  0.794678    26.46    0.0000 N/A       2384.

  OETKIN #8 PBUD                    OIL   PB-UD      1   24-20S-16W   0.937500  0.794678    26.46    0.0000 N/A       1192.

  PLAINVILLE FIELD,
  ROOKS COUNTY, KANSAS
  --------------------

  ANDERSON -A-                      OIL   PV-PD      1   12-10S-18W   1.000000  0.875000    26.46    0.0000 N/A        298.

  BARDOT #2                         OIL   PV-PD      0   12-10S-18W   1.000000  0.875000     0.00    0.0000 N/A          0.

  GARVERT #1-A                      OIL   PV-PD      1   18-10S-17W   1.000000  0.875000    26.46    0.0000 N/A        400.

  GARVERT -B- #1                    OIL   PV-PD      1   13-10S-18W   1.000000  0.875000    26.46    0.0000 N/A        336.

  HARRISON -C-                      OIL   PV-PD      2   12-10S-18W   1.000000  0.875000    26.46    0.0000 N/A        943.

  JACO                              OIL   PV-PD      4   13-10S-18W   1.000000  0.875000    26.46    0.0000 N/A       1085.

  ROSS                              OIL   PV-PD      2   12-10S-18W   1.000000  0.875000    26.46    0.0000 N/A        972.

  PLEASANT FIELD,
  RUSH COUNTY, KANSAS
  -------------------

  BASGALL -C- #4                    GAS   PV-PD      0   10-16S-17W   1.000000  0.875000     0.00    0.0000 N/A          0.
</TABLE>

<PAGE>

[LOGO OMITTED]   RYDER SCOTT COMPANY                                     TABLE C
                 ---------------------                              Page 5 of 11
                 PETROLEUM CONSULTANTS


                                 TENGASCO, INC.
                          SUMMARY OF INITIAL BASIC DATA
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>

                                          RES.    NO.                 ----INTERESTS-----   LIQUIDS  --GAS DATA--   GROSS
                                    PRI.  TYPE    OF      LOCATION    ----EVALUATED-----    PRICE    PRICE          COST
                                    PROD   (A)   WELLS  SEC TWP RNG    W.I.      N.R.I.     $/BBL    $(B)   BTU    $/MONTH
                                    ----  -----  ----- -------------- --------  --------  --------- ------- ----  ---------

  PLEASANT FIELD,
  ELLIS COUNTY, KANSAS
  --------------------
<S>                                 <C>   <C>        <C> <C>          <C>       <C>         <C>      <C>              <C>
  HONAS #1-A                        OIL   PV-PD      1   22-13S-20W   1.000000  0.820310     0.00    0.0000 N/A        290.

  PLEASANT VIEW FIELD,
  RUSH COUNTY, KANSAS
  --------------------

  URBAN -K-                         OIL   PV-PD      1   10-16S-17W   1.000000  0.875000    26.46    0.0000 N/A        337.

  URBAN -K- #5 BP                   GAS   PV-BP      1   10-16S-17W   1.000000  0.875000     0.00    5.9400  892       337.

  PLEASANT VIEW NW FIELD,
  RUSH COUNTY, KANSAS
  -----------------------

  URBAN                             OIL   PV-PD      3   10-16S-17W   1.000000  0.875000    26.46    0.0000 N/A       2882.

  URBAN #6 PUD                      OIL   PV-UD      1   10-16S-17W   1.000000  0.875000    26.46    0.0000 N/A        961.

  URBAN #7 PUD                      OIL   PV-UD      1   10-16S-17W   1.000000  0.875000    26.46    0.0000 N/A        961.

  REICHEL FIELD,
  RUSH COUNTY, KANSAS
  -------------------

  ALLEN #1 A&D                      GAS   PV-PD      1   33-16S-16W   1.000000  0.875000     0.00    5.9400  892         0.

  APPL #1                           GAS   PV-PD      1   10-17S-17W   1.000000  0.875000     0.00    5.9400  892       318.

  APPL #2                           GAS   PV-PD      1   10-17S-17W   1.000000  0.820313     0.00    5.9400  892       464.

  BEAHM #1                          GAS   PV-PD      1   36-17S-17W   1.000000  0.820313     0.00    5.9400  892       298.

  BIEBER #1                         GAS   PV-PD      1   15-17S-17W   1.000000  0.820313     0.00    5.9400  892       331.

  BIEBER -A- #1                     GAS   PV-PD      1   15-17S-17W   1.000000  0.820313     0.00    5.9400  892       168.

  BRACK -A- #3                      GAS   PV-PD      1   34-17S-16W   1.000000  0.875000     0.00    5.9400  892       191.

  BREIT #1                          GAS   PV-PD      1   7-16S-17W    1.000000  0.875000     0.00    0.0000 N/A        663.

  BREIT-HOLZMEISTER -B-             OIL   PV-PD      1   7-16S-17W    1.000000  0.861328    26.46    0.0000 N/A        500.

  DECKER -A- #1                     GAS   PV-PD      1   8-17S-16W    1.000000  0.868164     0.00    5.9400  892       607.

  EDWARDS #1                        GAS   PV-PD      1   35-16S-17W   1.000000  0.875000     0.00    5.9400  892       296.

  ELDER #1                          GAS   PV-PD      1   19-17S-16W   1.000000  0.875000     0.00    5.9400  892       355.

  FOOS #1                           GAS   PV-PD      1   25-17S-17W   1.000000  0.820313     0.00    5.9400  892       439.

  FOOS -A- #1                       GAS   PV-PD      1   22-17S-17W   1.000000  0.820313     0.00    5.9400  892       275.

  FRYE #2                           GAS   PV-PD      0   4-17S-17W    1.000000  0.875000     0.00    0.0000 N/A          0.

  GIESICK #1                        GAS   PV-PD      1   19-17S-16W   1.000000  0.875000     0.00    5.9400  892      1416.

  GILLIG #1                         GAS   PV-PD      1   24-17S-17W   1.000000  0.875000     0.00    5.9400  892       205.

  GRUMBEIN #1-A                     GAS   PV-PD      1   9-17S-17W    1.000000  0.875000     0.00    5.9400  892       213.

  HANHARDT #1                       GAS   PV-PD      1   24-17S-17W   1.000000  0.820313     0.00    5.9400  892        77.

  HANHARDT #1-A                     GAS   PV-PD      1   24-17S-17W   1.000000  0.820313     0.00    5.9400  892       832.
</TABLE>

<PAGE>

[LOGO OMITTED]   RYDER SCOTT COMPANY                                     TABLE C
                 ---------------------                              Page 6 of 11
                 PETROLEUM CONSULTANTS


                                 TENGASCO, INC.
                          SUMMARY OF INITIAL BASIC DATA
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>

                                          RES.    NO.                 ----INTERESTS-----   LIQUIDS  --GAS DATA--   GROSS
                                    PRI.  TYPE    OF      LOCATION    ----EVALUATED-----    PRICE    PRICE          COST
                                    PROD   (A)   WELLS  SEC TWP RNG    W.I.      N.R.I.     $/BBL    $(B)   BTU    $/MONTH
                                    ----  -----  ----- -------------- --------  --------  --------- ------- ----  ---------

  REICHEL FIELD, RUSH COUNTY, KANSAS (CONT.)
  ------------------------------------------
<S>                                 <C>   <C>        <C> <C>          <C>       <C>         <C>      <C>              <C>
  HANHARDT #1-A BP                  GAS   PV-BP      1   24-17S-17W   1.000000  0.820313     0.00    5.9400  892         0.

  HOFFMAN #3                        GAS   PV-PD      0   29-16S-17W   1.000000  0.820313     0.00    0.0000 N/A          0.

  HOLZMEISTER #1                    GAS   PV-PD      0   8-16S-17W    1.000000  0.847656     0.00    0.0000 N/A          0.

  HOLZMEISTER #1-A                  GAS   PV-PD      1   27-16S-17W   1.000000  0.847656     0.00    0.0000 N/A        197.

  HOLZMEISTER #1-B                  GAS   PV-PD      1   7-16S-17W    1.000000  0.861328     0.00    5.9400  892       243.

  HONDERICK #1-C                    GAS   PV-PD      1   10-17S-17W   1.000000  0.875000     0.00    5.9400  892       234.

  HOOFER #1                         GAS   PV-PD      0   19-16S-17W   1.000000  0.861328     0.00    0.0000 N/A          0.

  JANSON #2-A                       GAS   PV-PD      1   7-17S-16W    1.000000  0.875000     0.00    0.0000 N/A        500.

  KAISER #1                         OIL   PV-PD      1   28-16S-16W   1.000000  0.875000    26.46    0.0000 N/A        639.

  KAISER #2                         GAS   PV-PD      1   2-17S-17W    1.000000  0.875000     0.00    5.9400  892       494.

  KLEWENO #1                        GAS   PV-PD      1   25-17S-17W   1.000000  0.820313     0.00    5.9400  892       382.

  KLEWENO -A- #1                    GAS   PV-PD      1   23-17S-17W   1.000000  0.875000     0.00    5.9400  892       189.

  KOBER #1                          GAS   PV-PD      1   6-18S-16W    1.000000  0.875000     0.00    5.9400  892       408.

  LEBSACK -A- #1                    GAS   PV-PD      1   21-17S-17W   1.000000  0.783854     0.00    5.9400  892       211.

  LIPPERT #2                        GAS   PV-PD      0   19-16S-17W   1.000000  0.861328     0.00    0.0000 N/A          0.

  LIPPERT #3                        GAS   PV-PD      1   19-16S-17W   1.000000  0.875000     0.00    5.9400  892       505.

  LIPPERT #3 BP                     GAS   PV-BP      1   19-16S-17W   1.000000  0.875000     0.00    5.9400  892         0.

  LIPPERT -B- #1                    GAS   PV-PD      1   29-16S-17W   1.000000  0.755625     0.00    5.9400  892       144.

  LIPPERT -B- #2                    GAS   PV-PD      0   29-16S-17W   1.000000  0.755625     0.00    0.0000 N/A          0.

  LIPPERT -C- #1                    GAS   PV-PD      1   32-16S-17W   1.000000  0.765625     0.00    5.9400  892       159.

  MCGILL #1                         GAS   PV-PD      0   3-17S-17W    1.000000  0.875000     0.00    0.0000 N/A          0.

  O'DELL #1                         GAS   PV-PD      1   34-16S-17W   1.000000  0.861328     0.00    0.0000 N/A        500.

  OCHS #1-A                         GAS   PV-PD      1   28-16S-16W   1.000000  0.875000     0.00    5.9400  892       274.

  PFEIFER -B- #1-B                  GAS   PV-PD      0   8-16S-17W    1.000000  0.875000     0.00    0.0000 N/A          0.

  RAU #1                            GAS   PV-PD      1   10-17S-17W   1.000000  0.820313     0.00    5.9400  892       223.

  REICHEL #1                        GAS   PV-PD      1   23-17S-17W   1.000000  0.875000     0.00    5.9400  892      1502.

  ROTHE #1                          GAS   PV-PD      1   31-17S-16W   1.000000  0.875000     0.00    5.9400  892       686.

  ROTHE, R. #1                      GAS   PV-PD      1   20-17S-16W   1.000000  0.820313     0.00    5.9400  892       351.

  SCHEUERMAN -A- #1                 GAS   PV-PD      1   4-17S-17W    1.000000  0.875000     0.00    5.9400  892       196.

  SCHLITTER #2                      GAS   PV-PD      1   18-16S-17W   1.000000  0.861328     0.00    5.9400  892       224.
</TABLE>

<PAGE>

[LOGO OMITTED]   RYDER SCOTT COMPANY                                     TABLE C
                 ---------------------                              Page 7 of 11
                 PETROLEUM CONSULTANTS


                                 TENGASCO, INC.
                          SUMMARY OF INITIAL BASIC DATA
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>

                                          RES.    NO.                 ----INTERESTS-----   LIQUIDS  --GAS DATA--   GROSS
                                    PRI.  TYPE    OF      LOCATION    ----EVALUATED-----    PRICE    PRICE          COST
                                    PROD   (A)   WELLS  SEC TWP RNG    W.I.      N.R.I.     $/BBL    $(B)   BTU    $/MONTH
                                    ----  -----  ----- -------------- --------  --------  --------- ------- ----  ---------

  REICHEL FIELD, RUSH COUNTY, KANSAS (CONT.)
  ------------------------------------------
<S>                                 <C>   <C>        <C> <C>          <C>       <C>         <C>      <C>              <C>
  SCHNEIDER #1                      GAS   PV-PD      1   13-17S-17W   1.000000  0.820313     0.00    5.9400  892      1420.

  SHERWOOD #1                       GAS   PV-PD      1   25-16S-17W   1.000000  0.792969     0.00    5.9400  892       251.

  STEITZ -A- #1                     GAS   PV-PD      1   11-17S-17W   1.000000  0.875000     0.00    5.9400  892       607.

  STEITZ -B- #1                     GAS   PV-PD      1   14-17S-17W   1.000000  0.820313     0.00    5.9400  892       339.

  THIELENHAUS #1                    GAS   PV-PD      1   14-17S-17W   1.000000  0.875000     0.00    5.9400  892       251.

  THIELENHAUS #1 BP                 GAS   PV-BP      1   14-17S-17W   1.000000  0.875000     0.00    5.9400  892       251.

  TORREY #2                         GAS   PV-PD      1   19-16S-17W   1.000000  0.861328     0.00    5.9400  892       488.

  URBAN R & A #1                    GAS   PV-PD      1   20-16S-17W   1.000000  0.875000     0.00    5.9400  892         0.

  REICHEL EAST FIELD,
  RUSH COUNTY, KANSAS
  -------------------

  BAHR #1                           GAS   PV-PD      1   35-17S-18W   1.000000  0.875000     0.00    5.9400  892       252.

  REICHEL WEST FIELD,
  RUSH COUNTY, KANSAS
  -------------------

  LEGLEITER -A- #1                  GAS   PV-PD      1   11-17S-18W   1.000000  0.738281     0.00    5.9400  892       688.

  MUTH #1&2                         GAS   PV-PD      2   1-17S-18W    1.000000  0.722656     0.00    5.9400  892      1177.

  RIDGEWAY SOUTH FIELD,
  TREGO COUNTY, KANSAS
  ---------------------

  SCHOENTHALER                      OIL   PV-PD      1   34-12S-21W   1.000000  0.820313    26.46    0.0000 N/A       1001.

  RIGA NORTHEAST FIELD,
  TREGO COUNTY, KANSAS
  ---------------------

  KELLER                            OIL   PV-PD      2   9-13S-21W    1.000000  0.875000    26.46    0.0000 N/A        600.

  KELLER -A-                        OIL   PV-PD      3   9-13S-21W    1.000000  0.875000    26.46    0.0000 N/A        941.

  RUGGELS WEST FIELD,
  OSBORNE COUNTY, KANSAS
  ----------------------

  MAIER                             OIL   PV-PD      1   16-10S-15W   0.812500  0.676025    26.46    0.0000 N/A        476.

  MAIER #1 BP                       OIL   PV-BP      1   16-10S-15W   0.812500  0.676025    26.46    0.0000 N/A        476.

  SANDFORD FIELD,
  BARTON COUNTY, KANSAS
  ---------------------

  BEN TEMPERO                       OIL   PV-PD      1   26-17S-14W   1.000000  0.820312    26.46    0.0000 N/A       2129.

  BEN TEMPERO #5 PUD                OIL   PV-UD      1   26-17S-14W   1.000000  0.820312    26.46    0.0000 N/A       1500.

  SCHWINDT FIELD,
  RUSH COUNTY, KANSAS
  -------------------

  JACOBS -B-                        OIL   PV-PD      1   30-17S-18W   1.000000  0.875000    26.46    0.0000 N/A       1083.
</TABLE>

<PAGE>

[LOGO OMITTED]   RYDER SCOTT COMPANY                                     TABLE C
                 ---------------------                              Page 8 of 11
                 PETROLEUM CONSULTANTS


                                 TENGASCO, INC.
                          SUMMARY OF INITIAL BASIC DATA
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>

                                          RES.    NO.                 ----INTERESTS-----   LIQUIDS  --GAS DATA--   GROSS
                                    PRI.  TYPE    OF      LOCATION    ----EVALUATED-----    PRICE    PRICE          COST
                                    PROD   (A)   WELLS  SEC TWP RNG    W.I.      N.R.I.     $/BBL    $(B)   BTU    $/MONTH
                                    ----  -----  ----- -------------- --------  --------  --------- ------- ----  ---------
<S>                                 <C>   <C>        <C> <C>          <C>       <C>         <C>      <C>              <C>
  SPRING CREEK FIELD,
  TREGO COUNTY, KANSAS
  -------------------

  RIDGWAY                           OIL   PV-PD      1   32-12S-21W   1.000000  0.779300    26.46    0.0000 N/A       1067.

  STOCKTON FIELD,
  ROOKS COUNTY, KANSAS
  --------------------

  HINDMAN, D.A.                     OIL   PV-PD      1   35-7S-17W    1.000000  0.809370    26.46    0.0000 N/A        598.

  STEBBINS                          OIL   PV-PD      1   26-7S-17W    0.925000  0.751570    26.46    0.0000 N/A        695.

  WATTS                             OIL   PV-PD      1   26-7S-17W    0.925000  0.809380    26.46    0.0000 N/A        660.

  STREMEL FIELD,
  RUSH COUNTY, KANSAS
  -------------------

  OCHS #1 & 3                       OIL   PV-PD      1   30-16S-16W   1.000000  0.875000    26.46    5.9400  892       526.

  URBAN -D- #2                      OIL   PV-PD      2   30-16S-16W   1.000000  0.875000    26.46    0.0000 N/A        785.

  THACKER FIELD,
  RUSSELL COUNTY, KANSAS
  ----------------------

  THACKER #2                        OIL   PV-PD      1   29-13S-13W   1.000000  0.847656    26.46    0.0000 N/A        110.

  TRAPP FIELD,
  BARTON COUNTY, KANSAS
  ---------------------

  DEUTSCH                           OIL   PV-PD      1   16-16S-13W   1.000000  0.820313     0.00    0.0000 N/A        890.

  HOWLIER #1                        OIL   PV-PD      1   8-16S-13W    0.937000  0.768633    26.46    0.0000 N/A        456.

  WEBSTER FIELD,
  ROOKS COUNTY, KANSAS
  --------------------

  CERROW-CERROW -A-                 OIL   PV-PD      1   33-8S-19W    1.000000  0.875000    26.46    0.0000 N/A        891.

  LOWRY #1                          OIL   PV-PD      1   33-8S-19W    1.000000  0.847656    26.46    0.0000 N/A        811.

  WERTH NORTH FIELD,
  ELLIS COUNTY, KANSAS
  --------------------

  SCHNELLER                         OIL   PV-PD      3   34-12S-20W   1.000000  0.820313    26.46    0.0000 N/A       1487.

  WESTHUSIN FIELD,
  ROOKS COUNTY, KANSAS
  --------------------

  DOUGHERTY EAST #1                 OIL   PV-PD      1   18-9S-16W    0.934400  0.766500    26.46    0.0000 N/A        483.

  DOUGHERTY EAST #1 BP              OIL   PV-PD      1   18-9S-16W    0.934400  0.766500    26.46    0.0000 N/A        483.

  DOUGHERTY EAST #2 PUD             OIL   PV-PD      0   18-9S-16W    0.934400  0.766500     0.00    0.0000 N/A          0.

  YOHE FIELD,
  ROOKS COUNTY, KANSAS
  --------------------

  FINNESY                           OIL   PV-PD      3   33-8S-18W    1.000000  0.875000    26.46    0.0000 N/A       1891.

  MOSHER                            OIL   PV-PD      2   33-8S-18W    1.000000  0.875000    26.46    0.0000 N/A       1107.
</TABLE>

<PAGE>

[LOGO OMITTED]   RYDER SCOTT COMPANY                                     TABLE C
                 ---------------------                              Page 9 of 11
                 PETROLEUM CONSULTANTS


                                 TENGASCO, INC.
                          SUMMARY OF INITIAL BASIC DATA
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>

                                          RES.    NO.                 ----INTERESTS-----   LIQUIDS  --GAS DATA--   GROSS
                                    PRI.  TYPE    OF      LOCATION    ----EVALUATED-----    PRICE    PRICE          COST
                                    PROD   (A)   WELLS  SEC TWP RNG    W.I.      N.R.I.     $/BBL    $(B)   BTU    $/MONTH
                                    ----  -----  ----- -------------- --------  --------  --------- ------- ----  ---------

  SWAN CREEK FIELD,
  HANCOCK COUNTY, TENNESSEE
  -------------------------
<S>                                 <C>   <C>        <C> <C>          <C>       <C>         <C>      <C>               <C>
  ANITA COLSON #1                   GAS   PV-SI      1   11-1S-74E    1.000000  0.875000     0.00    9.7700 1000       500.

  ANITA COLSON #1                   OIL   PV-BP      1   11-1S-74E    1.000000  0.875000    24.10    9.7700 1000       800.

  ANITA COLSON #2                   GAS   PV-SI      1   11-1S-74E    1.000000  0.875000     0.00    9.7700 1000       500.

  CHEVRON WARREN REED #1            GAS   PV-SI      1   11-1S-74E    1.000000  0.875000     0.00    9.7700 1000       500.

  D. SUTTON HEIRS #1                GAS   PV-SI      1   11-1S-74E    1.000000  0.678444     0.00    9.7700 1000       500.

  D. SUTTON HEIRS #1                GAS   PV-BP      1   11-1S-74E    1.000000  0.678444     0.00    9.7700 1000       600.

  DARRELL SUTTON #1                 GAS   PV-SI      1    6-1S-75E    1.000000  0.875000     0.00    9.7700 1000       500.

  DEWEY SUTTON #1                   OIL   PV-PD      1    6-1S-75E    1.000000  0.875000    24.10    0.0000 N/A        800.

  DORIS HELTON #1                   GAS   PV-SI      1   11-1S-74E    1.000000  0.875000     0.00    9.7700 1000       500.

  DORIS HELTON #1                   GAS   PV-BP      1   11-1S-74E    1.000000  0.875000     0.00    9.7700 1000       600.

  GARY PATTON #2                    GAS   PV-SI      1    6-1S-75E    1.000000  0.656250     0.00    9.7700 1000       500.

  GARY PATTON #2                    OIL   PV-BP      1    6-1S-75E    1.000000  0.656250    24.10    9.7700 1000       800.

  LAURA J. LAWSON #1                OIL   PV-SI      0    6-1S-75E    1.000000  0.875000     0.00    0.0000 N/A          0.

  LAURA J. LAWSON #1                GAS   PV-BP      1    6-1S-75E    1.000000  0.875000     0.00    9.7700 1000       600.

  LAURA J. LAWSON #2                GAS   PV-SI      1    6-1S-75E    1.000000  0.656250     0.00    9.7700 1000       500.

  LAURA J. LAWSON #2                GAS   PV-BP      1    6-1S-75E    1.000000  0.656250    24.10    9.7700 1000       600.

  PAUL REED #1                      GAS   PV-SI      0   10-1S-74E    1.000000  0.750000     0.00    9.7700 1000         0.

  PAUL REED #2                      OIL   PV-PD      1   10-1S-74E    1.000000  0.750000    24.10    0.0000 N/A        800.

  PAUL REED #2                      GAS   PV-BP      1   10-1S-74E    1.000000  0.750000     0.00    9.7700 1000       600.

  PAUL REED #3                      GAS   PV-SI      1   10-1S-74E    1.000000  0.656250     0.00    9.7700 1000       500.

  PAUL REED #3                      GAS   PV-BP      1   10-1S-74E    1.000000  0.656250     0.00    9.7700 1000       600.

  PAUL REED #4                      GAS   PV-SI      1    6-1S-75E    1.000000  0.875000     0.00    9.7700 1000       500.

  PAUL REED #4                      GAS   PV-BP      1    6-1S-75E    1.000000  0.875000     0.00    9.7700 1000       600.

  PAUL REED #5                      OIL   PV-PD      1   10-1S-74E    1.000000  0.875000    24.10    0.0000 N/A        800.

  PAUL REED/HELTON UNIT #6          OIL   PV-PD      1    6-1S-75E    1.000000  0.656250    24.10    0.0000 N/A        800.

  PURKEY #1                         GAS   PV-SI      1   11-1S-74E    0.500000  0.437500     0.00    9.7700 1000       500.

  RAY DEAN HELTON #1                GAS   PV-SI      1   10-1S-74E    1.000000  0.875000     0.00    9.7700 1000       500.

  RAY DEAN HELTON #1                GAS   PV-BP      1   10-1S-74E    1.000000  0.875000     0.00    9.7700 1000       600.

  STEPHEN LAWSON #1                 OIL   PV-PD      1    6-1S-75E    0.500000  0.437500    24.10    0.0000 N/A        800.
</TABLE>

<PAGE>

[LOGO OMITTED]   RYDER SCOTT COMPANY                                     TABLE C
                 ---------------------                             Page 10 of 11
                 PETROLEUM CONSULTANTS


                                 TENGASCO, INC.
                          SUMMARY OF INITIAL BASIC DATA
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>

                                          RES.    NO.                 ----INTERESTS-----   LIQUIDS  --GAS DATA--   GROSS
                                    PRI.  TYPE    OF      LOCATION    ----EVALUATED-----    PRICE    PRICE          COST
                                    PROD   (A)   WELLS  SEC TWP RNG    W.I.      N.R.I.     $/BBL    $(B)   BTU    $/MONTH
                                    ----  -----  ----- -------------- --------  --------  --------- ------- ----  ---------

  SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE (CONT.)
  ---------------------------------------------------
<S>                                 <C>   <C>        <C> <C>          <C>       <C>         <C>      <C>               <C>
  STEPHEN LAWSON #2                 GAS   PV-SI      1    6-1S-75E    1.000000  0.656250     0.00    9.7700 1000       500.

  STEPHEN LAWSON #3                 GAS   PV-SI      1    6-1S-75E    1.000000  0.765624     0.00    9.7700 1000       500.

  STEPHEN LAWSON #3                 OIL   PV-BP      1    6-1S-75E    1.000000  0.765624    24.10    9.7700 1000       800.

  STEPHEN LAWSON #4                 GAS   PV-SI      1                1.000000  0.656250     0.00    9.7700 1000       500.

  STEPHEN LAWSON #4                 OIL   PV-BP      1                1.000000  0.656250    24.10    9.7700 1000       800.

  T.J. HARRISON #1                  OIL   PV-PD      0   10-1S-74E    1.000000  0.875000     0.00    0.0000 N/A          0.

  WARREN REED #1                    GAS   PV-SI      1    6-1S-75E    1.000000  0.875000     0.00    9.7700 1000       500.

  WARREN REED #1                    OIL   PV-BP      1    6-1S-75E    1.000000  0.875000    24.10    0.0000 N/A        800.

  WARREN REED #2                    GAS   PV-SI      1   11-1S-74E    1.000000  0.781250     0.00    9.7700 1000       500.

  WARREN REED #2                    GAS   PV-BP      1   11-1S-74E    1.000000  0.781250     0.00    9.7700 1000       600.

  LOCATION # 1                      GAS   PV-UD      1   11-1S-74E    1.000000  0.875000     0.00    9.7700 1000       500.

  LOCATION # 2                      GAS   PV-UD      1   11-1S-74E    1.000000  0.875000     0.00    9.7700 1000       500.

  LOCATION # 4                      GAS   PV-UD      1   11-1S-74E    1.000000  0.875000     0.00    9.7700 1000       500.

  LOCATION # 5                      GAS   PV-UD      1   11-1S-74E    1.000000  0.875000     0.00    9.7700 1000       500.

  LOCATION # 6                      GAS   PV-UD      1   11-1S-74E    1.000000  0.875000     0.00    9.7700 1000       500.

  LOCATION # 7                      GAS   PV-UD      1   11-1S-74E    1.000000  0.875000     0.00    9.7700 1000       500.

  LOCATION # 8                      GAS   PV-UD      1   11-1S-74E    1.000000  0.875000     0.00    9.7700 1000       500.

  LOCATION # 9                      GAS   PV-UD      1   11-1S-74E    1.000000  0.875000     0.00    9.7700 1000       500.

  LOCATION #10                      GAS   PV-UD      1   11-1S-74E    1.000000  0.875000     0.00    9.7700 1000       500.

  LOCATION #11                      GAS   PV-UD      1   11-1S-74E    1.000000  0.875000     0.00    9.7700 1000       500.

  LOCATION #12                      GAS   PV-UD      1   11-1S-74E    1.000000  0.875000     0.00    9.7700 1000       500.

  LOCATION #13                      GAS   PV-UD      1   11-1S-74E    1.000000  0.875000     0.00    9.7700 1000       500.

  LOCATION #14                      GAS   PV-UD      1   11-1S-74E    1.000000  0.875000     0.00    9.7700 1000       500.

  LOCATION #15                      GAS   PV-UD      1   11-1S-74E    1.000000  0.875000     0.00    9.7700 1000       500.

  LOCATION #16                      GAS   PV-UD      1   11-1S-74E    1.000000  0.875000     0.00    9.7700 1000       500.

  LOCATION #17                      GAS   PV-UD      1   11-1S-74E    1.000000  0.875000     0.00    9.7700 1000       500.

  LOCATION #18                      GAS   PV-UD      1   11-1S-74E    1.000000  0.875000     0.00    9.7700 1000       500.

  LOCATION #19                      GAS   PV-UD      1   11-1S-74E    1.000000  0.875000     0.00    9.7700 1000       500.

  LOCATION #20                      GAS   PV-UD      1   11-1S-74E    1.000000  0.875000     0.00    9.7700 1000       500.

  LOCATION #21                      GAS   PV-UD      1   11-1S-74E    1.000000  0.875000     0.00    9.7700 1000       500.
</TABLE>

<PAGE>

[LOGO OMITTED]   RYDER SCOTT COMPANY                                     TABLE C
                 ---------------------                             Page 11 of 11
                 PETROLEUM CONSULTANTS


                                 TENGASCO, INC.
                          SUMMARY OF INITIAL BASIC DATA
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>

                                          RES.    NO.                 ----INTERESTS-----   LIQUIDS  --GAS DATA--   GROSS
                                    PRI.  TYPE    OF      LOCATION    ----EVALUATED-----    PRICE    PRICE          COST
                                    PROD   (A)   WELLS  SEC TWP RNG    W.I.      N.R.I.     $/BBL    $(B)   BTU    $/MONTH
                                    ----  -----  ----- -------------- --------  --------  --------- ------- ----  ---------

  SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE (CONT.)
  ---------------------------------------------------
<S>                                 <C>   <C>       <C>  <C>          <C>       <C>         <C>      <C>              <C>
  LOCATION #23                      GAS   PV-UD      1   11-1S-74E    1.000000  0.875000     0.00    9.7700 1000       500.

  LOCATION #24                      GAS   PV-UD      1   11-1S-74E    1.000000  0.875000     0.00    9.7700 1000       500.

  LOCATION #25                      GAS   PV-UD      1   11-1S-74E    1.000000  0.875000     0.00    9.7700 1000       500.

  LOCATION #26                      GAS   PV-UD      1   11-1S-74E    1.000000  0.875000     0.00    9.7700 1000       500.

  LOCATION #27                      GAS   PV-UD      1   11-1S-74E    1.000000  0.875000     0.00    9.7700 1000       500.

  LOCATION #28                      GAS   PV-UD      1   11-1S-74E    1.000000  0.875000     0.00    9.7700 1000       500.

  LOCATION #29                      GAS   PV-UD      1   11-1S-74E    1.000000  0.875000     0.00    9.7700 1000       500.

  LOCATION #30                      GAS   PV-UD      1   11-1S-74E    1.000000  0.875000     0.00    9.7700 1000       500.

  PROBABLE LOCATIONS                GAS   PB-UD     10   11-1S-74E    1.000000  0.875000     0.00    9.7700 1000      5000.

  POSSIBLE LOCATIONS                GAS   PS-UD     13   11-1S-74E    1.000000  0.875000     0.00    9.7700 1000      6500.
</TABLE>


   (A) RESERVE TYPES: PV = PROVED              STATUS:  PD = PRODUCING
                      PB = PROBABLE                     BP = BEHIND PIPE
                      PS = POSSIBLE                     SI = SHUT IN
                                                        UD = UNDEVELOPED
                                                        DP = DEPLETED
                                                        PB = PAYBACK
                                                        NP = NON-PRODUCING
   (B) IF BTU IS SHOWN, GAS PRICE IN $/MMBTU.  IF BTU IS N/A, PRICE IS IN $/MCF.

<PAGE>

                                 GRAND SUMMARY
                                  PROJECTIONS

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                 TENGASCO, INC.                          TABLE 1
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE
<TABLE>
<CAPTION>

 GRAND SUMMARY
                                                                                       TOTAL PROVED
     TOTAL PROPERTIES                                                                  ALL CATEGORIES


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>       <C>          <C>        <C>
 INITIAL -                                                                                  5.00% -   369,991,384
 FINAL   -                                                                                 10.00% -   315,201,258
 REMARKS -                                                                                 15.00% -   274,357,219
                                                                                           20.00% -   242,643,265
                                                                                           25.00% -   217,256,551
</TABLE>

<TABLE>
<CAPTION>

                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>     <C>     <C>                 <C>    <C>          <C>                 <C>    <C>             <C>       <C>
 2001   233       218,862           0      11,304         177,937           0       9,042.132      25.62     9.66
 2002   243       197,358           0      11,801         160,965           0       9,681.236      25.73     9.67
 2003   239       173,311           0       8,046         141,437           0       6,592.087      25.80     9.64
 2004   238       155,610           0       5,662         127,206           0       4,627.489      25.88     9.60
 2005   236       140,632           0       4,051         115,195           0       3,280.444      25.95     9.53
 2006   231       130,215           0       3,563         106,992           0       2,870.689      25.94     9.52
 2007   228       115,627           0       3,053          94,932           0       2,446.434      26.03     9.51
 2008   218       111,331           0       2,370          90,383           0       1,882.348      26.01     9.46
 2009   208       101,593           0       1,789          82,232           0       1,409.887      26.05     9.39
 2010   191       119,003           0       1,441          94,504           0       1,114.597      25.65     9.32
 2011   184        96,367           0       1,133          77,096           0         869.379      25.87     9.25
 2012   173        87,728           0         902          71,241           0         683.738      25.89     9.17
 2013   163        74,894           0         668          61,034           0         492.122      26.02     8.98
 2014   148        63,044           0         555          51,376           0         406.242      26.14     8.86
 2015   138        52,048           0         495          42,495           0         353.955      26.26     8.79

 SUB-TOTAL      1,837,623           0      56,833       1,495,025           0      45,752.779      25.87     9.57
 REMAINDER        393,295           0       2,688         319,880           0       1,787.101      26.42     7.29
 TOTAL          2,230,918           0      59,521       1,814,905           0      47,539.880      25.97     9.48

 CUMULATIVE     6,747,192           0      24,593
 ULTIMATE       8,978,110           0      84,114
</TABLE>

<TABLE>
<CAPTION>

                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>         <C>                  <C> <C>                    <C> <C>             <C>      <C>          <C>
 2001        4,559,169           0    87,302,045            0    91,861,214      50,540   2,585,923    89,224,751
 2002        4,141,037           0    93,639,253            0    97,780,290      40,856   2,779,007    94,960,427
 2003        3,648,994           0    63,541,372            0    67,190,366      32,957   1,878,728    65,278,681
 2004        3,291,707           0    44,415,530            0    47,707,237      26,720   1,307,120    46,373,397
 2005        2,989,883           0    31,253,014            0    34,242,897      21,684     912,191    33,309,022
 2006        2,774,866           0    27,336,580            0    30,111,446      20,735     797,469    29,293,242
 2007        2,471,149           0    23,261,806            0    25,732,955      15,760     677,453    25,039,742
 2008        2,351,159           0    17,807,120            0    20,158,279      15,440     515,613    19,627,226
 2009        2,142,538           0    13,236,214            0    15,378,752      13,124     379,933    14,985,695
 2010        2,424,381           0    10,390,748            0    12,815,129      25,990     295,820    12,493,319
 2011        1,994,537           0     8,039,797            0    10,034,334      16,382     226,721     9,791,231
 2012        1,844,535           0     6,270,449            0     8,114,984      14,718     175,057     7,925,209
 2013        1,587,824           0     4,420,469            0     6,008,293      10,372     120,262     5,877,659
 2014        1,343,099           0     3,600,330            0     4,943,429       6,854      96,255     4,840,320
 2015        1,116,121           0     3,110,853            0     4,226,974       4,196      82,258     4,140,520

 SUB-TOT    38,680,999           0   437,625,580            0   476,306,579     316,328  12,829,810   463,160,441
 REMAIN      8,452,380           0    13,028,574            0    21,480,954      16,911     249,606    21,214,437
 TOTAL      47,133,379           0   450,654,154            0   497,787,533     333,239  13,079,416   484,374,878
</TABLE>

<TABLE>
<CAPTION>

                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>       <C>                  <C> <C>                 <C>  <C>           <C>           <C>           <C>
 2001      1,456,970           0   5,391,750           0     6,848,720     82,376,031    82,376,031    77,500,804
 2002      1,607,117           0   2,500,000           0     4,107,117     90,853,310   173,229,341    78,437,744
 2003      1,608,670           0           0           0     1,608,670     63,670,011   236,899,352    49,811,934
 2004      1,596,118           0           0           0     1,596,118     44,777,279   281,676,631    31,697,809
 2005      1,564,644           0      12,000           0     1,576,644     31,732,378   313,409,009    20,330,806
 2006      1,588,591           0     165,000           0     1,753,591     27,539,651   340,948,660    15,929,328
 2007      1,534,752           0           0           0     1,534,752     23,504,990   364,453,650    12,332,643
 2008      1,470,260           0      20,000           0     1,490,260     18,136,966   382,590,616     8,621,118
 2009      1,366,317           0      25,000           0     1,391,317     13,594,378   396,184,994     5,846,518
 2010      1,260,449           0      86,213           0     1,346,662     11,146,657   407,331,651     4,335,472
 2011      1,176,805           0           0           0     1,176,805      8,614,426   415,946,077     3,034,804
 2012      1,103,801           0      25,000           0     1,128,801      6,796,408   422,742,485     2,167,112
 2013      1,017,238           0           0           0     1,017,238      4,860,421   427,602,906     1,404,810
 2014        935,528           0           0           0       935,528      3,904,792   431,507,698     1,019,554
 2015        814,421           0           0           0       814,421      3,326,099   434,833,797       786,867

 SUBTOT   20,101,681           0   8,224,963           0    28,326,644    434,833,797                 313,257,323
 REMAIN    8,174,759           0           0           0     8,174,759     13,039,678   447,873,475     1,943,935
 TOTAL    28,276,440           0   8,224,963           0    36,501,403    447,873,475                 315,201,258

   LIFE OF SUMMARY IS 39.33 YEARS.

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.
</TABLE>

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                 TENGASCO, INC.                          TABLE 2
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE
<TABLE>
<CAPTION>

 GRAND SUMMARY
                                                                                       PROVED
     TOTAL PROPERTIES                                                                  PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>       <C>          <C>        <C>
 INITIAL -                                                                                  5.00% -    22,709,048
 FINAL   -                                                                                 10.00% -    17,700,380
 REMARKS -                                                                                 15.00% -    14,545,375
                                                                                           20.00% -    12,371,054
                                                                                           25.00% -    10,777,925
</TABLE>

<TABLE>
<CAPTION>

                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>     <C>     <C>                 <C>    <C>          <C>                 <C>     <C>            <C>       <C>
 2001   188       203,313           0         310         165,331           0         193.444      25.56     5.30
 2002   188       178,726           0         291         145,585           0         179.719      25.65     5.30
 2003   186       158,514           0         272         129,302           0         168.278      25.74     5.30
 2004   186       141,744           0         253         115,826           0         157.900      25.82     5.30
 2005   184       127,602           0         247         104,489           0         148.685      25.90     5.30
 2006   177       113,146           0         221          92,702           0         140.586      25.96     5.30
 2007   177       102,141           0         214          83,728           0         130.850      26.02     5.30
 2008   170        93,555           0         194          76,722           0         119.957      26.08     5.30
 2009   168        84,731           0         182          69,441           0         113.240      26.13     5.30
 2010   158        75,732           0         171          62,040           0         107.093      26.16     5.30
 2011   155        69,005           0         162          56,539           0          99.585      26.20     5.30
 2012   148        63,341           0         150          51,913           0          91.618      26.24     5.30
 2013   143        56,813           0         141          46,550           0          86.673      26.28     5.30
 2014   131        50,175           0         130          41,041           0          82.445      26.30     5.30
 2015   122        42,097           0         131          34,467           0          77.667      26.36     5.30

 SUB-TOTAL      1,560,635           0       3,069       1,275,676           0       1,897.740      25.92     5.30
 REMAINDER        343,513           0       1,618         278,083           0         991.029      26.43     5.30
 TOTAL          1,904,148           0       4,687       1,553,759           0       2,888.769      26.01     5.30

 CUMULATIVE     6,747,192           0      24,545
 ULTIMATE       8,651,340           0      29,232
</TABLE>

<TABLE>
<CAPTION>

                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>         <C>                  <C>  <C>                   <C>  <C>            <C>           <C>       <C>
 2001        4,225,611           0     1,024,960            0     5,250,571      50,007       3,179     5,197,385
 2002        3,734,085           0       952,239            0     4,686,324      40,203       2,947     4,643,174
 2003        3,327,920           0       891,617            0     4,219,537      32,444       2,768     4,184,325
 2004        2,990,585           0       836,629            0     3,827,214      26,237       2,588     3,798,389
 2005        2,706,611           0       787,801            0     3,494,412      21,232       2,447     3,470,733
 2006        2,406,689           0       744,893            0     3,151,582      17,260       2,311     3,132,011
 2007        2,178,759           0       693,308            0     2,872,067      14,115       2,146     2,855,806
 2008        2,000,874           0       635,587            0     2,636,461      11,640       1,969     2,622,852
 2009        1,814,384           0       600,000            0     2,414,384       9,600       1,862     2,402,922
 2010        1,623,329           0       567,426            0     2,190,755       7,911       1,759     2,181,085
 2011        1,481,456           0       527,649            0     2,009,105       6,602       1,635     2,000,868
 2012        1,362,159           0       485,442            0     1,847,601       5,538       1,507     1,840,556
 2013        1,223,094           0       459,226            0     1,682,320       4,416       1,424     1,676,480
 2014        1,079,248           0       436,840            0     1,516,088       3,647       1,350     1,511,091
 2015          908,696           0       411,518            0     1,320,214       2,413       1,277     1,316,524

 SUB-TOT    33,063,500           0    10,055,135            0    43,118,635     253,265      31,169    42,834,201
 REMAIN      7,349,470           0     5,250,952            0    12,600,422      14,276      16,279    12,569,867
 TOTAL      40,412,970           0    15,306,087            0    55,719,057     267,541      47,448    55,404,068
</TABLE>

<TABLE>
<CAPTION>

                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>       <C>                  <C>    <C>              <C>  <C>            <C>           <C>           <C>
 2001      1,282,376           0           0           0     1,282,376      3,915,009     3,915,009     3,731,135
 2002      1,280,496           0           0           0     1,280,496      3,362,678     7,277,687     2,900,814
 2003      1,277,729           0           0           0     1,277,729      2,906,596    10,184,283     2,269,624
 2004      1,273,282           0           0           0     1,273,282      2,525,107    12,709,390     1,784,741
 2005      1,267,364           0           0           0     1,267,364      2,203,369    14,912,759     1,409,697
 2006      1,203,730           0           0           0     1,203,730      1,928,281    16,841,040     1,116,726
 2007      1,166,135           0           0           0     1,166,135      1,689,671    18,530,711       885,788
 2008      1,137,032           0           0           0     1,137,032      1,485,820    20,016,531       705,063
 2009      1,093,795           0           0           0     1,093,795      1,309,127    21,325,658       562,321
 2010      1,013,773           0      11,213           0     1,024,986      1,156,099    22,481,757       449,397
 2011        961,022           0           0           0       961,022      1,039,846    23,521,603       365,979
 2012        917,704           0           0           0       917,704        922,852    24,444,455       294,006
 2013        858,531           0           0           0       858,531        817,949    25,262,404       235,919
 2014        788,244           0           0           0       788,244        722,847    25,985,251       188,699
 2015        675,340           0           0           0       675,340        641,184    26,626,435       151,500

 SUBTOT   16,196,553           0      11,213           0    16,207,766     26,626,435                  17,051,409
 REMAIN    7,377,895           0           0           0     7,377,895      5,191,972    31,818,407       648,971
 TOTAL    23,574,448           0      11,213           0    23,585,661     31,818,407                  17,700,380

   LIFE OF SUMMARY IS 39.33 YEARS.
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                 TENGASCO, INC.                          TABLE 3
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE
<TABLE>
<CAPTION>

 GRAND SUMMARY
                                                                                       PROVED
     TOTAL PROPERTIES                                                                  SHUT-IN


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>       <C>          <C>        <C>
 INITIAL -                                                                                  5.00% -   142,811,185
 FINAL   -                                                                                 10.00% -   122,351,353
 REMARKS -                                                                                 15.00% -   107,494,485
                                                                                           20.00% -    96,159,510
                                                                                           25.00% -    87,179,018
</TABLE>

<TABLE>
<CAPTION>

                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>      <C>            <C>         <C>    <C>                  <C>         <C>    <C>              <C>      <C>
 2001    17             0           0       6,133               0           0       4,608.793       0.00     9.77
 2002    17             0           0       4,404               0           0       3,295.015       0.00     9.77
 2003    15             0           0       2,893               0           0       2,165.955       0.00     9.77
 2004    14             0           0       2,030               0           0       1,517.339       0.00     9.77
 2005    13             0           0       1,492               0           0       1,118.943       0.00     9.77
 2006    13             0           0       1,289               0           0         960.358       0.00     9.77
 2007    12             0           0       1,148               0           0         855.809       0.00     9.77
 2008    12             0           0         962               0           0         716.757       0.00     9.77
 2009    10             0           0         749               0           0         562.769       0.00     9.77
 2010     8             0           0         630               0           0         471.620       0.00     9.77
 2011     7             0           0         490               0           0         370.449       0.00     9.77
 2012     6             0           0         384               0           0         284.016       0.00     9.77
 2013     5             0           0         339               0           0         248.619       0.00     9.77
 2014     5             0           0         306               0           0         225.254       0.00     9.77
 2015     5             0           0         280               0           0         205.100       0.00     9.77

 SUB-TOTAL              0           0      23,529               0           0      17,606.796       0.00     9.77
 REMAINDER              0           0       1,053               0           0         785.285       0.00     9.77
 TOTAL                  0           0      24,582               0           0      18,392.081       0.00     9.77

 CUMULATIVE             0           0          48
 ULTIMATE               0           0      24,630
</TABLE>

<TABLE>
<CAPTION>

                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C> <C>                    <C> <C>                   <C> <C>         <C>
 2001                0           0    45,027,906            0    45,027,906           0   1,350,836    43,677,070
 2002                0           0    32,192,295            0    32,192,295           0     965,769    31,226,526
 2003                0           0    21,161,380            0    21,161,380           0     634,842    20,526,538
 2004                0           0    14,824,399            0    14,824,399           0     444,732    14,379,667
 2005                0           0    10,932,077            0    10,932,077           0     327,962    10,604,115
 2006                0           0     9,382,702            0     9,382,702           0     281,480     9,101,222
 2007                0           0     8,361,256            0     8,361,256           0     250,839     8,110,417
 2008                0           0     7,002,717            0     7,002,717           0     210,081     6,792,636
 2009                0           0     5,498,251            0     5,498,251           0     164,950     5,333,301
 2010                0           0     4,607,729            0     4,607,729           0     138,230     4,469,499
 2011                0           0     3,619,292            0     3,619,292           0     108,579     3,510,713
 2012                0           0     2,774,838            0     2,774,838           0      83,245     2,691,593
 2013                0           0     2,429,008            0     2,429,008           0      72,870     2,356,138
 2014                0           0     2,200,729            0     2,200,729           0      66,022     2,134,707
 2015                0           0     2,003,822            0     2,003,822           0      60,115     1,943,707

 SUB-TOT             0           0   172,018,401            0   172,018,401           0   5,160,552   166,857,849
 REMAIN              0           0     7,672,235            0     7,672,235           0     230,166     7,442,069
 TOTAL               0           0   179,690,636            0   179,690,636           0   5,390,718   174,299,918
</TABLE>

<TABLE>
<CAPTION>

                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>        <C>                 <C>   <C>               <C>   <C>          <C>           <C>           <C>
 2001         82,500           0     330,000           0       412,500     43,264,570    43,264,570    41,026,488
 2002         97,620           0           0           0        97,620     31,128,906    74,393,476    26,920,801
 2003         84,440           0           0           0        84,440     20,442,098    94,835,574    15,993,438
 2004         76,335           0           0           0        76,335     14,303,332   109,138,906    10,125,629
 2005         75,000           0           0           0        75,000     10,529,115   119,668,021     6,744,900
 2006         83,871           0           0           0        83,871      9,017,351   128,685,372     5,215,439
 2007         82,800           0           0           0        82,800      8,027,617   136,712,989     4,209,387
 2008         77,093           0           0           0        77,093      6,715,543   143,428,532     3,189,456
 2009         58,420           0           0           0        58,420      5,274,881   148,703,413     2,268,128
 2010         53,896           0           0           0        53,896      4,415,603   153,119,016     1,717,987
 2011         45,396           0           0           0        45,396      3,465,317   156,584,333     1,220,444
 2012         34,199           0           0           0        34,199      2,657,394   159,241,727       847,428
 2013         32,400           0           0           0        32,400      2,323,738   161,565,465       670,060
 2014         32,400           0           0           0        32,400      2,102,307   163,667,772       548,726
 2015         32,400           0           0           0        32,400      1,911,307   165,579,079       451,569

 SUBTOT      948,770           0     330,000           0     1,278,770    165,579,079                 121,149,880
 REMAIN      144,527           0           0           0       144,527      7,297,542   172,876,621     1,201,473
 TOTAL     1,093,297           0     330,000           0     1,423,297    172,876,621                 122,351,353

   LIFE OF SUMMARY IS 26.14 YEARS.
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                 TENGASCO, INC.                          TABLE 4
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE
<TABLE>
<CAPTION>

 GRAND SUMMARY
                                                                                       PROVED
     TOTAL PROPERTIES                                                                  BEHIND PIPE


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
 <S>          <C>       <C>       <C>       <C>       <C>            <C>       <C>         <C>          <C>
 INITIAL -                                                                                  5.00% -     7,277,445
 FINAL   -                                                                                 10.00% -     5,170,213
 REMARKS -                                                                                 15.00% -     3,790,519
                                                                                           20.00% -     2,865,703
                                                                                           25.00% -     2,231,208
</TABLE>

<TABLE>
<CAPTION>

                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>      <C>      <C>               <C>     <C>           <C>               <C>     <C>            <C>       <C>
 2001     5         3,446           0          88           2,330           0          63.015      26.46     7.00
 2002     5         3,157           0          75           2,134           0          54.733      26.46     7.16
 2003     5         2,892           0          61           1,955           0          42.467      26.46     7.16
 2004     5         2,648           0          45           1,790           0          33.601      26.46     7.12
 2005     6         2,426           0          58           1,640           0          40.162      26.46     6.48
 2006    13         7,041           0         238           5,718           0         181.012      24.72     9.32
 2007    12         4,001           0         172           3,097           0         129.617      25.15     9.35
 2008    11         8,806           0         136           5,992           0         102.166      24.60     9.31
 2009    11         8,373           0         118           5,536           0          87.170      24.59     9.40
 2010    11        35,239           0         147          25,597           0         104.834      24.20     9.58
 2011     9        19,758           0         118          14,058           0          80.059      24.26     9.66
 2012     7        17,188           0          76          13,175           0          54.338      24.26     9.77
 2013     5        11,266           0          49           8,659           0          33.845      24.32     9.77
 2014     5         6,414           0          32           4,817           0          22.175      24.46     9.77
 2015     4         3,836           0          20           2,801           0          14.954      24.67     9.77

 SUB-TOTAL        136,491           0       1,433          99,299           0       1,044.148      24.58     8.91
 REMAINDER          4,484           0          17           3,153           0          10.787      25.51     9.77
 TOTAL            140,975           0       1,450         102,452           0       1,054.935      24.61     8.92

 CUMULATIVE             0           0           0
 ULTIMATE         140,975           0       1,450
</TABLE>

<TABLE>
<CAPTION>

                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>          <C>                 <C>   <C>                  <C>  <C>             <C>        <C>        <C>
 2001           61,649           0       441,059            0       502,708          99       7,666       494,943
 2002           56,467           0       391,932            0       448,399          90       7,206       441,103
 2003           51,721           0       304,042            0       355,763          83       5,588       350,092
 2004           47,372           0       239,301            0       286,673          76       4,343       282,254
 2005           43,391           0       260,299            0       303,690          69       3,599       300,022
 2006          141,357           0     1,687,073            0     1,828,430       3,112      48,017     1,777,301
 2007           77,876           0     1,211,598            0     1,289,474       1,303      34,603     1,253,568
 2008          147,369           0       951,135            0     1,098,504       3,473      27,034     1,067,997
 2009          136,166           0       819,617            0       955,783       3,218      23,569       928,996
 2010          619,370           0     1,004,239            0     1,623,609      17,788      29,489     1,576,332
 2011          341,115           0       773,434            0     1,114,549       9,505      22,925     1,082,119
 2012          319,578           0       530,880            0       850,458       8,920      15,926       825,612
 2013          210,576           0       330,666            0       541,242       5,709       9,920       525,613
 2014          117,856           0       216,646            0       334,502       2,974       6,501       325,027
 2015           69,133           0       146,104            0       215,237       1,563       4,383       209,291

 SUB-TOT     2,440,996           0     9,308,025            0    11,749,021      57,982     250,769    11,440,270
 REMAIN         80,403           0       105,387            0       185,790         998       3,161       181,631
 TOTAL       2,521,399           0     9,413,412            0    11,934,811      58,980     253,930    11,621,901
</TABLE>

<TABLE>
<CAPTION>

                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>          <C>               <C>   <C>               <C>   <C>           <C>           <C>            <C>
 2001         13,653           0      61,750           0        75,403        419,540       419,540       395,545
 2002         14,853           0           0           0        14,853        426,250       845,790       368,036
 2003         14,853           0           0           0        14,853        335,239     1,181,029       261,959
 2004         14,853           0           0           0        14,853        267,401     1,448,430       189,132
 2005         18,897           0      12,000           0        30,897        269,125     1,717,555       172,398
 2006         78,897           0     165,000           0       243,897      1,533,404     3,250,959       885,151
 2007         69,983           0           0           0        69,983      1,183,585     4,434,544       621,822
 2008         68,618           0      20,000           0        88,618        979,379     5,413,923       464,471
 2009         58,475           0      25,000           0        83,475        845,521     6,259,444       362,459
 2010         65,686           0      75,000           0       140,686      1,435,646     7,695,090       557,358
 2011         55,888           0           0           0        55,888      1,026,231     8,721,321       362,756
 2012         42,911           0      25,000           0        67,911        757,701     9,479,022       241,298
 2013         40,641           0           0           0        40,641        484,972     9,963,994       140,332
 2014         36,836           0           0           0        36,836        288,191    10,252,185        75,484
 2015         31,041           0           0           0        31,041        178,250    10,430,435        42,236

 SUBTOT      626,085           0     383,750           0     1,009,835     10,430,435                   5,140,437
 REMAIN       39,070           0           0           0        39,070        142,561    10,572,996        29,776
 TOTAL       665,155           0     383,750           0     1,048,905     10,572,996                   5,170,213

   LIFE OF SUMMARY IS 18.33 YEARS.
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                 TENGASCO, INC.                          TABLE 5
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE
<TABLE>
<CAPTION>

 GRAND SUMMARY
                                                                                       PROVED
     TOTAL PROPERTIES                                                                  UNDEVELOPED


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
 <S>          <C>       <C>       <C>       <C>       <C>            <C>       <C>         <C>        <C>
 INITIAL -                                                                                  5.00% -   197,193,706
 FINAL   -                                                                                 10.00% -   169,979,312
 REMARKS -                                                                                 15.00% -   148,526,840
                                                                                           20.00% -   131,246,998
                                                                                           25.00% -   117,068,400
</TABLE>

<TABLE>
<CAPTION>

                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>      <C>      <C>               <C>    <C>            <C>               <C>    <C>             <C>       <C>
 2001    23        12,103           0       4,773          10,276           0       4,176.880      26.46     9.77
 2002    33        15,475           0       7,031          13,246           0       6,151.769      26.46     9.77
 2003    33        11,905           0       4,820          10,180           0       4,215.387      26.46     9.77
 2004    33        11,218           0       3,334           9,590           0       2,918.650      26.46     9.77
 2005    33        10,604           0       2,254           9,066           0       1,972.655      26.46     9.77
 2006    28        10,028           0       1,815           8,572           0       1,588.732      26.46     9.77
 2007    27         9,485           0       1,519           8,107           0       1,330.158      26.46     9.77
 2008    25         8,970           0       1,078           7,669           0         943.468      26.46     9.77
 2009    19         8,489           0         740           7,255           0         646.709      26.46     9.77
 2010    14         8,032           0         493           6,867           0         431.050      26.46     9.77
 2011    13         7,604           0         363           6,499           0         319.286      26.46     9.77
 2012    12         7,199           0         292           6,153           0         253.765      26.46     9.77
 2013    10         6,815           0         139           5,825           0         122.986      26.46     9.77
 2014     7         6,455           0          87           5,518           0          76.368      26.46     9.77
 2015     7         6,115           0          64           5,227           0          56.234      26.46     9.77

 SUB-TOTAL        140,497           0      28,802         120,050           0      25,204.097      26.46     9.77
 REMAINDER         45,298           0           0          38,644           0           0.000      26.46     0.00
 TOTAL            185,795           0      28,802         158,694           0      25,204.097      26.46     9.77

 CUMULATIVE             0           0           0
 ULTIMATE         185,795           0      28,802
</TABLE>

<TABLE>
<CAPTION>

                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>          <C>                 <C> <C>                    <C> <C>               <C>     <C>         <C>
 2001          271,909           0    40,808,120            0    41,080,029         434   1,224,242    39,855,353
 2002          350,485           0    60,102,787            0    60,453,272         563   1,803,085    58,649,624
 2003          269,353           0    41,184,333            0    41,453,686         430   1,235,530    40,217,726
 2004          253,750           0    28,515,201            0    28,768,951         407     855,457    27,913,087
 2005          239,881           0    19,272,837            0    19,512,718         383     578,183    18,934,152
 2006          226,820           0    15,521,912            0    15,748,732         363     465,661    15,282,708
 2007          214,514           0    12,995,644            0    13,210,158         342     389,865    12,819,951
 2008          202,916           0     9,217,681            0     9,420,597         327     276,529     9,143,741
 2009          191,988           0     6,318,346            0     6,510,334         306     189,552     6,320,476
 2010          181,682           0     4,211,354            0     4,393,036         291     126,342     4,266,403
 2011          171,966           0     3,119,422            0     3,291,388         275      93,582     3,197,531
 2012          162,798           0     2,479,289            0     2,642,087         260      74,379     2,567,448
 2013          154,154           0     1,201,569            0     1,355,723         247      36,048     1,319,428
 2014          145,995           0       746,115            0       892,110         233      22,382       869,495
 2015          138,292           0       549,409            0       687,701         220      16,483       670,998

 SUB-TOT     3,176,503           0   246,244,019            0   249,420,522       5,081   7,387,320   242,028,121
 REMAIN      1,022,507           0             0            0     1,022,507       1,637           0     1,020,870
 TOTAL       4,199,010           0   246,244,019            0   250,443,029       6,718   7,387,320   243,048,991
</TABLE>

<TABLE>
<CAPTION>

                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>          <C>               <C> <C>                 <C>   <C>           <C>          <C>            <C>
 2001         78,441           0   5,000,000           0     5,078,441     34,776,912    34,776,912    32,347,636
 2002        214,148           0   2,500,000           0     2,714,148     55,935,476    90,712,388    48,248,093
 2003        231,648           0           0           0       231,648     39,986,078   130,698,466    31,286,913
 2004        231,648           0           0           0       231,648     27,681,439   158,379,905    19,598,307
 2005        203,383           0           0           0       203,383     18,730,769   177,110,674    12,003,811
 2006        222,093           0           0           0       222,093     15,060,615   192,171,289     8,712,012
 2007        215,834           0           0           0       215,834     12,604,117   204,775,406     6,615,646
 2008        187,517           0           0           0       187,517      8,956,224   213,731,630     4,262,128
 2009        155,627           0           0           0       155,627      6,164,849   219,896,479     2,653,610
 2010        127,094           0           0           0       127,094      4,139,309   224,035,788     1,610,730
 2011        114,499           0           0           0       114,499      3,083,032   227,118,820     1,085,625
 2012        108,987           0           0           0       108,987      2,458,461   229,577,281       784,380
 2013         85,666           0           0           0        85,666      1,233,762   230,811,043       358,499
 2014         78,048           0           0           0        78,048        791,447   231,602,490       206,645
 2015         75,640           0           0           0        75,640        595,358   232,197,848       141,562

 SUBTOT    2,330,273           0   7,500,000           0     9,830,273    232,197,848                 169,915,597
 REMAIN      613,267           0           0           0       613,267        407,603   232,605,451        63,715
 TOTAL     2,943,540           0   7,500,000           0    10,443,540    232,605,451                 169,979,312

   LIFE OF SUMMARY IS 29.11 YEARS.
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                 TENGASCO, INC.                          TABLE 6
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE
<TABLE>
<CAPTION>

 GRAND SUMMARY
                                                                                       TOTAL PROBABLE
     TOTAL PROPERTIES                                                                  UNDEVELOPED


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
 <S>          <C>       <C>       <C>       <C>       <C>            <C>       <C>         <C>         <C>
 INITIAL -                                                                                  5.00% -    91,653,358
 FINAL   -                                                                                 10.00% -    75,436,619
 REMARKS -                                                                                 15.00% -    62,960,973
                                                                                           20.00% -    53,172,179
                                                                                           25.00% -    45,354,631
</TABLE>

<TABLE>
<CAPTION>

                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>      <C>       <C>              <C>    <C>             <C>              <C>    <C>             <C>       <C>
 2001     2         5,158           0           0           3,933           0           0.000      26.46     0.00
 2002    12         5,700           0       2,537           4,329           0       2,220.294      26.46     9.77
 2003    12         4,910           0       3,233           3,725           0       2,828.251      26.46     9.77
 2004    12         4,621           0       2,101           3,504           0       1,838.375      26.46     9.77
 2005    12         4,349           0       1,444           3,299           0       1,263.798      26.46     9.77
 2006    12         4,092           0       1,037           3,105           0         907.028      26.46     9.77
 2007    12         3,852           0         770           2,923           0         673.586      26.46     9.77
 2008    12         3,625           0         587           2,751           0         514.300      26.46     9.77
 2009    12         3,411           0         698           2,590           0         610.551      26.46     9.77
 2010    12         3,211           0         617           2,437           0         539.494      26.46     9.77
 2011    12         3,022           0         466           2,295           0         407.657      26.46     9.77
 2012    12         2,844           0         207           2,160           0         181.607      26.46     9.77
 2013     2         2,678           0           0           2,034           0           0.000      26.46     0.00
 2014     2         2,520           0           0           1,914           0           0.000      26.46     0.00
 2015     2         2,372           0           0           1,803           0           0.000      26.46     0.00

 SUB-TOTAL         56,365           0      13,697          42,802           0      11,984.941      26.46     9.77
 REMAINDER         10,893           0           0           8,147           0           0.000      26.46     0.00
 TOTAL             67,258           0      13,697          50,949           0      11,984.941      26.46     9.77

 CUMULATIVE             0           0           0
 ULTIMATE          67,258           0      13,697
</TABLE>

<TABLE>
<CAPTION>

                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>          <C>                 <C> <C>                    <C> <C>               <C>     <C>         <C>
 2001          104,065           0             0            0       104,065         166           0       103,899
 2002          114,562           0    21,692,276            0    21,806,838         184     650,768    21,155,886
 2003           98,534           0    27,632,016            0    27,730,550         157     828,961    26,901,432
 2004           92,739           0    17,960,921            0    18,053,660         149     538,827    17,514,684
 2005           87,287           0    12,347,309            0    12,434,596         140     370,420    12,064,036
 2006           82,159           0     8,861,666            0     8,943,825         131     265,850     8,677,844
 2007           77,333           0     6,580,932            0     6,658,265         123     197,428     6,460,714
 2008           72,792           0     5,024,707            0     5,097,499         117     150,741     4,946,641
 2009           68,521           0     5,965,084            0     6,033,605         109     178,952     5,854,544
 2010           64,500           0     5,270,854            0     5,335,354         104     158,126     5,177,124
 2011           60,718           0     3,982,814            0     4,043,532          97     119,484     3,923,951
 2012           57,160           0     1,774,301            0     1,831,461          92      53,229     1,778,140
 2013           53,810           0             0            0        53,810          86           0        53,724
 2014           50,660           0             0            0        50,660          81           0        50,579
 2015           47,693           0             0            0        47,693          76           0        47,617

 SUB-TOT     1,132,533           0   117,092,880            0   118,225,413       1,812   3,512,786   114,710,815
 REMAIN        215,588           0             0            0       215,588         345           0       215,243
 TOTAL       1,348,121           0   117,092,880            0   118,441,001       2,157   3,512,786   114,926,058
</TABLE>

<TABLE>
<CAPTION>

                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>        <C>                 <C>   <C>               <C>   <C>          <C>           <C>            <C>
 2001         15,501           0     185,313           0       200,814        -96,915       -96,915       -93,337
 2002         61,001           0     250,000           0       311,001     20,844,885    20,747,970    17,552,547
 2003         91,001           0           0           0        91,001     26,810,431    47,558,401    20,989,705
 2004         91,001           0           0           0        91,001     17,423,683    64,982,084    12,341,508
 2005         91,001           0           0           0        91,001     11,973,035    76,955,119     7,673,841
 2006        103,001           0           0           0       103,001      8,574,843    85,529,962     4,973,403
 2007        103,001           0           0           0       103,001      6,357,713    91,887,675     3,337,123
 2008        103,001           0           0           0       103,001      4,843,640    96,731,315     2,300,949
 2009        103,001           0           0           0       103,001      5,751,543   102,482,858     2,458,112
 2010        103,001           0           0           0       103,001      5,074,123   107,556,981     1,975,855
 2011        103,001           0           0           0       103,001      3,820,950   111,377,931     1,346,393
 2012         69,910           0           0           0        69,910      1,708,230   113,086,161       556,169
 2013         31,002           0           0           0        31,002         22,722   113,108,883         6,554
 2014         31,001           0           0           0        31,001         19,578   113,128,461         5,113
 2015         31,001           0           0           0        31,001         16,616   113,145,077         3,928

 SUBTOT    1,130,425           0     435,313           0     1,565,738    113,145,077                  75,427,863
 REMAIN      166,340           0           0           0       166,340         48,903   113,193,980         8,756
 TOTAL     1,296,765           0     435,313           0     1,732,078    113,193,980                  75,436,619

   LIFE OF SUMMARY IS 23.17 YEARS.
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                 TENGASCO, INC.                          TABLE 7
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE
<TABLE>
<CAPTION>

 GRAND SUMMARY
                                                                                       TOTAL POSSIBLE
     TOTAL PROPERTIES                                                                  UNDEVELOPED


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
 <S>          <C>       <C>       <C>       <C>       <C>            <C>       <C>         <C>         <C>
 INITIAL -                                                                                  5.00% -    53,825,724
 FINAL   -                                                                                 10.00% -    43,252,319
 REMARKS -                                                                                 15.00% -    35,019,134
                                                                                           20.00% -    28,549,812
                                                                                           25.00% -    23,422,959
</TABLE>

<TABLE>
<CAPTION>

                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>      <C>            <C>         <C>     <C>                 <C>         <C>     <C>             <C>      <C>
 2001                   0           0           0               0           0           0.000       0.00     0.00
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003    13             0           0       1,726               0           0       1,510.593       0.00     9.77
 2004    13             0           0       2,200               0           0       1,924.953       0.00     9.77
 2005    13             0           0       1,430               0           0       1,251.313       0.00     9.77
 2006    13             0           0         984               0           0         860.265       0.00     9.77
 2007    13             0           0         717               0           0         627.712       0.00     9.77
 2008    13             0           0         660               0           0         577.760       0.00     9.77
 2009    13             0           0         526               0           0         460.133       0.00     9.77
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0       8,243               0           0       7,212.729       0.00     9.77
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0       8,243               0           0       7,212.729       0.00     9.77

 CUMULATIVE             0           0           0
 ULTIMATE               0           0       8,243
</TABLE>

<TABLE>
<CAPTION>

                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>  <C>                   <C>  <C>                  <C> <C>          <C>
 2001                0           0             0            0             0           0           0             0
 2002                0           0             0            0             0           0           0             0
 2003                0           0    14,758,492            0    14,758,492           0     442,755    14,315,737
 2004                0           0    18,806,791            0    18,806,791           0     564,203    18,242,588
 2005                0           0    12,225,327            0    12,225,327           0     366,760    11,858,567
 2006                0           0     8,404,787            0     8,404,787           0     252,144     8,152,643
 2007                0           0     6,132,744            0     6,132,744           0     183,982     5,948,762
 2008                0           0     5,644,714            0     5,644,714           0     169,342     5,475,372
 2009                0           0     4,495,497            0     4,495,497           0     134,865     4,360,632
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT             0           0    70,468,352            0    70,468,352           0   2,114,051    68,354,301
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0    70,468,352            0    70,468,352           0   2,114,051    68,354,301
</TABLE>

<TABLE>
<CAPTION>

                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>           <C>              <C>   <C>               <C>     <C>         <C>           <C>           <C>
 2001              0           0           0           0             0              0             0             0
 2002              0           0           0           0             0              0             0             0
 2003         39,000           0     250,000           0       289,000     14,026,737    14,026,737    10,687,250
 2004         78,000           0           0           0        78,000     18,164,588    32,191,325    12,873,157
 2005         78,000           0           0           0        78,000     11,780,567    43,971,892     7,553,585
 2006         93,600           0           0           0        93,600      8,059,043    52,030,935     4,675,789
 2007         93,600           0           0           0        93,600      5,855,162    57,886,097     3,071,757
 2008         93,600           0           0           0        93,600      5,381,772    63,267,869     2,556,234
 2009         93,362           0           0           0        93,362      4,267,270    67,535,139     1,834,547
 2010              0           0           0           0             0              0    67,535,139             0
 2011              0           0           0           0             0              0    67,535,139             0
 2012              0           0           0           0             0              0    67,535,139             0
 2013              0           0           0           0             0              0    67,535,139             0
 2014              0           0           0           0             0              0    67,535,139             0
 2015              0           0           0           0             0              0    67,535,139             0

 SUBTOT      569,162           0     250,000           0       819,162     67,535,139                  43,252,319
 REMAIN            0           0           0           0             0              0    67,535,139             0
 TOTAL       569,162           0     250,000           0       819,162     67,535,139                  43,252,319

   LIFE OF SUMMARY IS 9.00 YEARS.
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

                                FIELD AND LEASE
                                  PROJECTIONS

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                 TENGASCO, INC.                          TABLE 8
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE
<TABLE>
<CAPTION>

 STATE SUMMARY
                                                                                       TOTAL PROVED
     KANSAS PROPERTIES                                                                 ALL CATEGORIES


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
 <S>          <C>       <C>       <C>       <C>       <C>            <C>       <C>         <C>         <C>
 INITIAL -                                                                                  5.00% -    19,912,833
 FINAL   -                                                                                 10.00% -    14,993,222
 REMARKS - AD VALOREM TAXES ARE INCLUDED IN OPERATING COSTS.                               15.00% -    11,978,904
                                                                                           20.00% -     9,954,098
                                                                                           25.00% -     8,503,695
</TABLE>

<TABLE>
<CAPTION>

                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>     <C>     <C>                 <C>     <C>         <C>                 <C>     <C>            <C>       <C>
 2001   192       139,793           0         371         114,756           0         232.491      26.46     5.30
 2002   192       134,843           0         340         110,948           0         211.656      26.46     5.30
 2003   190       123,859           0         312         101,821           0         193.072      26.46     5.30
 2004   190       116,587           0         283          95,866           0         177.798      26.46     5.30
 2005   190       110,057           0         293          90,490           0         178.223      26.46     5.30
 2006   182       101,200           0         249          83,192           0         158.794      26.46     5.30
 2007   181        94,503           0         233          77,678           0         143.096      26.46     5.30
 2008   174        89,210           0         210          73,325           0         130.474      26.46     5.30
 2009   172        82,899           0         193          68,066           0         120.403      26.46     5.30
 2010   161        75,789           0         178          62,194           0         111.564      26.46     5.30
 2011   158        70,474           0         165          57,832           0         101.539      26.46     5.30
 2012   150        65,848           0         150          54,045           0          91.618      26.46     5.30
 2013   145        60,476           0         141          49,595           0          86.673      26.46     5.30
 2014   134        54,337           0         130          44,491           0          82.445      26.46     5.30
 2015   125        47,605           0         131          38,975           0          77.667      26.46     5.30

 SUB-TOTAL      1,367,480           0       3,379       1,123,274           0       2,097.513      26.46     5.30
 REMAINDER        387,397           0       1,618         314,935           0         991.029      26.46     5.30
 TOTAL          1,754,877           0       4,997       1,438,209           0       3,088.542      26.46     5.30

 CUMULATIVE     6,653,459           0      24,545
 ULTIMATE       8,408,336           0      29,542
</TABLE>

<TABLE>
<CAPTION>

                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>         <C>                  <C>  <C>                   <C>  <C>             <C>         <C>       <C>
 2001        3,036,520           0     1,231,847            0     4,268,367       4,860       3,820     4,259,687
 2002        2,935,615           0     1,121,455            0     4,057,070       4,695       3,471     4,048,904
 2003        2,694,258           0     1,022,988            0     3,717,246       4,313       3,176     3,709,757
 2004        2,536,382           0       942,060            0     3,478,442       4,060       2,915     3,471,467
 2005        2,394,512           0       944,310            0     3,338,822       3,824       2,932     3,332,066
 2006        2,201,267           0       841,368            0     3,042,635       3,528       2,610     3,036,497
 2007        2,055,333           0       758,195            0     2,813,528       3,285       2,347     2,807,896
 2008        1,940,100           0       691,313            0     2,631,413       3,108       2,142     2,626,163
 2009        1,801,112           0       637,958            0     2,439,070       2,880       1,980     2,434,210
 2010        1,645,709           0       591,116            0     2,236,825       2,630       1,832     2,232,363
 2011        1,530,235           0       538,003            0     2,068,238       2,453       1,667     2,064,118
 2012        1,430,132           0       485,442            0     1,915,574       2,287       1,507     1,911,780
 2013        1,312,150           0       459,226            0     1,771,376       2,099       1,424     1,767,853
 2014        1,177,197           0       436,840            0     1,614,037       1,880       1,350     1,610,807
 2015        1,031,260           0       411,518            0     1,442,778       1,650       1,277     1,439,851

 SUB-TOT    29,721,782           0    11,113,639            0    40,835,421      47,552      34,450    40,753,419
 REMAIN      8,333,236           0     5,250,952            0    13,584,188      13,336      16,279    13,554,573
 TOTAL      38,055,018           0    16,364,591            0    54,419,609      60,888      50,729    54,307,992
</TABLE>

<TABLE>
<CAPTION>

                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>       <C>                  <C>   <C>               <C>  <C>            <C>           <C>           <C>
 2001      1,275,770           0     541,750           0     1,817,520      2,442,167     2,442,167     2,324,024
 2002      1,308,597           0           0           0     1,308,597      2,740,307     5,182,474     2,364,397
 2003      1,305,830           0           0           0     1,305,830      2,403,927     7,586,401     1,876,542
 2004      1,302,583           0           0           0     1,302,583      2,168,884     9,755,285     1,532,494
 2005      1,304,309           0      12,000           0     1,316,309      2,015,757    11,771,042     1,289,431
 2006      1,240,675           0           0           0     1,240,675      1,795,822    13,566,864     1,039,773
 2007      1,203,080           0           0           0     1,203,080      1,604,816    15,171,680       841,097
 2008      1,173,977           0           0           0     1,173,977      1,452,186    16,623,866       688,949
 2009      1,128,718           0           0           0     1,128,718      1,305,492    17,929,358       560,729
 2010      1,046,674           0      11,213           0     1,057,887      1,174,476    19,103,834       456,451
 2011        992,369           0           0           0       992,369      1,071,749    20,175,583       377,216
 2012        947,593           0           0           0       947,593        964,187    21,139,770       307,121
 2013        896,420           0           0           0       896,420        871,433    22,011,203       251,309
 2014        827,733           0           0           0       827,733        783,074    22,794,277       204,394
 2015        732,240           0           0           0       732,240        707,611    23,501,888       167,181

 SUBTOT   16,686,568           0     564,963           0    17,251,531     23,501,888                  14,281,108
 REMAIN    7,957,815           0           0           0     7,957,815      5,596,758    29,098,646       712,114
 TOTAL    24,644,383           0     564,963           0    25,209,346     29,098,646                  14,993,222

   LIFE OF SUMMARY IS 39.33 YEARS.
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                 TENGASCO, INC.                          TABLE 9
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE
<TABLE>
<CAPTION>

 STATE SUMMARY
                                                                                       PROVED
     KANSAS PROPERTIES                                                                 PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
 <S>          <C>       <C>       <C>       <C>       <C>            <C>       <C>         <C>         <C>
 INITIAL -                                                                                  5.00% -    17,350,693
 FINAL   -                                                                                 10.00% -    13,068,086
 REMARKS - AD VALOREM TAXES ARE INCLUDED IN OPERATING COSTS.                               15.00% -    10,471,548
                                                                                           20.00% -     8,738,008
                                                                                           25.00% -     7,500,528
</TABLE>

<TABLE>
<CAPTION>

                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>     <C>     <C>                 <C>     <C>           <C>               <C>     <C>            <C>       <C>
 2001   183       124,244           0         310         102,150           0         193.444      26.46     5.30
 2002   183       116,211           0         291          95,568           0         179.719      26.46     5.30
 2003   181       109,062           0         272          89,686           0         168.278      26.46     5.30
 2004   181       102,721           0         253          84,486           0         157.900      26.46     5.30
 2005   180        97,027           0         247          79,784           0         148.685      26.46     5.30
 2006   173        88,950           0         221          73,118           0         140.586      26.46     5.30
 2007   173        82,983           0         214          68,195           0         130.850      26.46     5.30
 2008   166        78,376           0         194          64,396           0         119.957      26.46     5.30
 2009   164        72,703           0         182          59,657           0         113.240      26.46     5.30
 2010   154        66,193           0         171          54,270           0         107.093      26.46     5.30
 2011   151        61,438           0         162          50,365           0          99.585      26.46     5.30
 2012   144        57,337           0         150          47,005           0          91.618      26.46     5.30
 2013   139        52,459           0         141          42,957           0          86.673      26.46     5.30
 2014   128        46,782           0         130          38,229           0          82.445      26.46     5.30
 2015   119        40,482           0         131          33,067           0          77.667      26.46     5.30

 SUB-TOTAL      1,196,968           0       3,069         982,933           0       1,897.740      26.46     5.30
 REMAINDER        339,314           0       1,618         274,408           0         991.029      26.46     5.30
 TOTAL          1,536,282           0       4,687       1,257,341           0       2,888.769      26.46     5.30

 CUMULATIVE     6,653,459           0      24,545
 ULTIMATE       8,189,741           0      29,232
</TABLE>

<TABLE>
<CAPTION>

                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>         <C>                  <C>  <C>                   <C>  <C>             <C>         <C>       <C>
 2001        2,702,962           0     1,024,960            0     3,727,922       4,327       3,179     3,720,416
 2002        2,528,663           0       952,239            0     3,480,902       4,042       2,947     3,473,913
 2003        2,373,184           0       891,617            0     3,264,801       3,800       2,768     3,258,233
 2004        2,235,260           0       836,629            0     3,071,889       3,577       2,588     3,065,724
 2005        2,111,240           0       787,801            0     2,899,041       3,372       2,447     2,893,222
 2006        1,934,704           0       744,893            0     2,679,597       3,101       2,311     2,674,185
 2007        1,804,417           0       693,308            0     2,497,725       2,885       2,146     2,492,694
 2008        1,703,841           0       635,587            0     2,339,428       2,728       1,969     2,334,731
 2009        1,578,585           0       600,000            0     2,178,585       2,525       1,862     2,174,198
 2010        1,436,054           0       567,426            0     2,003,480       2,294       1,759     1,999,427
 2011        1,332,648           0       527,649            0     1,860,297       2,137       1,635     1,856,525
 2012        1,243,867           0       485,442            0     1,729,309       1,990       1,507     1,725,812
 2013        1,136,501           0       459,226            0     1,595,727       1,817       1,424     1,592,486
 2014        1,011,515           0       436,840            0     1,448,355       1,616       1,350     1,445,389
 2015          874,935           0       411,518            0     1,286,453       1,401       1,277     1,283,775

 SUB-TOT    26,008,376           0    10,055,135            0    36,063,511      41,612      31,169    35,990,730
 REMAIN      7,260,918           0     5,250,952            0    12,511,870      11,619      16,279    12,483,972
 TOTAL      33,269,294           0    15,306,087            0    48,575,381      53,231      47,448    48,474,702
</TABLE>

<TABLE>
<CAPTION>

                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>       <C>                  <C>    <C>              <C>  <C>            <C>           <C>           <C>
 2001      1,239,176           0           0           0     1,239,176      2,481,240     2,481,240     2,363,741
 2002      1,237,296           0           0           0     1,237,296      2,236,617     4,717,857     1,928,669
 2003      1,234,529           0           0           0     1,234,529      2,023,704     6,741,561     1,579,645
 2004      1,231,282           0           0           0     1,231,282      1,834,442     8,576,003     1,296,142
 2005      1,228,964           0           0           0     1,228,964      1,664,258    10,240,261     1,064,454
 2006      1,165,330           0           0           0     1,165,330      1,508,855    11,749,116       873,581
 2007      1,127,735           0           0           0     1,127,735      1,364,959    13,114,075       715,383
 2008      1,098,632           0           0           0     1,098,632      1,236,099    14,350,174       586,428
 2009      1,055,395           0           0           0     1,055,395      1,118,803    15,468,977       480,467
 2010        975,373           0      11,213           0       986,586      1,012,841    16,481,818       393,618
 2011        922,622           0           0           0       922,622        933,903    17,415,721       328,633
 2012        879,304           0           0           0       879,304        846,508    18,262,229       269,638
 2013        828,131           0           0           0       828,131        764,355    19,026,584       220,433
 2014        759,444           0           0           0       759,444        685,945    19,712,529       179,043
 2015        663,951           0           0           0       663,951        619,824    20,332,353       146,439

 SUBTOT   15,647,164           0      11,213           0    15,658,377     20,332,353                  12,426,314
 REMAIN    7,329,095           0           0           0     7,329,095      5,154,877    25,487,230       641,772
 TOTAL    22,976,259           0      11,213           0    22,987,472     25,487,230                  13,068,086

   LIFE OF SUMMARY IS 39.33 YEARS.
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                 TENGASCO, INC.                         TABLE 10
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE
<TABLE>
<CAPTION>

 STATE SUMMARY
                                                                                       PROVED
     KANSAS PROPERTIES                                                                 BEHIND PIPE


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
 <S>          <C>       <C>       <C>       <C>       <C>            <C>       <C>         <C>         <C>
 INITIAL -                                                                                  5.00% -     1,175,515
 FINAL   -                                                                                 10.00% -       978,538
 REMARKS - AD VALOREM TAXES ARE INCLUDED IN OPERATING COSTS.                               15.00% -       832,944
                                                                                           20.00% -       721,850
                                                                                           25.00% -       634,814
</TABLE>

<TABLE>
<CAPTION>

                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>      <C>              <C>       <C>          <C>              <C>       <C>          <C>       <C>
 2001     4         3,446           0          61           2,330           0          39.046      26.46     5.30
 2002     4         3,157           0          49           2,134           0          31.937      26.46     5.30
 2003     4         2,892           0          40           1,955           0          24.794      26.46     5.30
 2004     4         2,648           0          30           1,790           0          19.898      26.46     5.30
 2005     5         2,426           0          46           1,640           0          29.538      26.46     5.30
 2006     4         2,222           0          28           1,502           0          18.208      26.46     5.30
 2007     3         2,035           0          19           1,376           0          12.246      26.46     5.30
 2008     3         1,864           0          16           1,260           0          10.518      26.46     5.30
 2009     3         1,707           0          11           1,154           0           7.164      26.46     5.30
 2010     2         1,564           0           7           1,057           0           4.471      26.46     5.30
 2011     2         1,432           0           3             968           0           1.954      26.46     5.30
 2012     1         1,312           0           0             887           0           0.000      26.46     0.00
 2013     1         1,202           0           0             813           0           0.000      26.46     0.00
 2014     1         1,100           0           0             744           0           0.000      26.46     0.00
 2015     1         1,008           0           0             681           0           0.000      26.46     0.00

 SUB-TOTAL         30,015           0         310          20,291           0         199.774      26.46     5.30
 REMAINDER          2,785           0           0           1,883           0           0.000      26.46     0.00
 TOTAL             32,800           0         310          22,174           0         199.774      26.46     5.30

 CUMULATIVE             0           0           0
 ULTIMATE          32,800           0         310
</TABLE>

<TABLE>
<CAPTION>

                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>            <C>               <C>   <C>                  <C>   <C>               <C>       <C>       <C>
 2001           61,649           0       206,887            0       268,536          99         641       267,796
 2002           56,467           0       169,216            0       225,683          90         524       225,069
 2003           51,721           0       131,371            0       183,092          83         408       182,601
 2004           47,372           0       105,431            0       152,803          76         327       152,400
 2005           43,391           0       156,509            0       199,900          69         485       199,346
 2006           39,743           0        96,475            0       136,218          64         299       135,855
 2007           36,402           0        64,887            0       101,289          58         201       101,030
 2008           33,343           0        55,726            0        89,069          53         173        88,843
 2009           30,539           0        37,958            0        68,497          49         118        68,330
 2010           27,973           0        23,690            0        51,663          45          73        51,545
 2011           25,621           0        10,354            0        35,975          41          32        35,902
 2012           23,467           0             0            0        23,467          37           0        23,430
 2013           21,495           0             0            0        21,495          35           0        21,460
 2014           19,687           0             0            0        19,687          31           0        19,656
 2015           18,033           0             0            0        18,033          29           0        18,004

 SUB-TOT       536,903           0     1,058,504            0     1,595,407         859       3,281     1,591,267
 REMAIN         49,811           0             0            0        49,811          80           0        49,731
 TOTAL         586,714           0     1,058,504            0     1,645,218         939       3,281     1,640,998
</TABLE>

<TABLE>
<CAPTION>

                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>          <C>               <C>    <C>              <C>     <C>          <C>           <C>             <C>
 2001          7,653           0      41,750           0        49,403        218,393       218,393       206,426
 2002          7,653           0           0           0         7,653        217,416       435,809       187,715
 2003          7,653           0           0           0         7,653        174,948       610,757       136,670
 2004          7,653           0           0           0         7,653        144,747       755,504       102,346
 2005         11,697           0      12,000           0        23,697        175,649       931,153       112,524
 2006         11,697           0           0           0        11,697        124,158     1,055,311        71,946
 2007         11,697           0           0           0        11,697         89,333     1,144,644        46,838
 2008         11,697           0           0           0        11,697         77,146     1,221,790        36,614
 2009          9,675           0           0           0         9,675         58,655     1,280,445        25,286
 2010          7,653           0           0           0         7,653         43,892     1,324,337        17,067
 2011          6,099           0           0           0         6,099         29,803     1,354,140        10,566
 2012          4,641           0           0           0         4,641         18,789     1,372,929         5,985
 2013          4,641           0           0           0         4,641         16,819     1,389,748         4,851
 2014          4,641           0           0           0         4,641         15,015     1,404,763         3,919
 2015          4,641           0           0           0         4,641         13,363     1,418,126         3,158

 SUBTOT      119,391           0      53,750           0       173,141      1,418,126                     971,911
 REMAIN       15,453           0           0           0        15,453         34,278     1,452,404         6,627
 TOTAL       134,844           0      53,750           0       188,594      1,452,404                     978,538

   LIFE OF SUMMARY IS 18.33 YEARS.
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                 TENGASCO, INC.                         TABLE 11
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE
<TABLE>
<CAPTION>

 STATE SUMMARY
                                                                                       PROVED
     KANSAS PROPERTIES                                                                 UNDEVELOPED


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
 <S>          <C>       <C>       <C>       <C>       <C>            <C>       <C>         <C>         <C>
 INITIAL -                                                                                  5.00% -     1,386,625
 FINAL   -                                                                                 10.00% -       946,598
 REMARKS - AD VALOREM TAXES ARE INCLUDED IN OPERATING COSTS.                               15.00% -       674,412
                                                                                           20.00% -       494,240
                                                                                           25.00% -       368,353
</TABLE>

<TABLE>
<CAPTION>

                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>     <C>               <C>         <C>       <C>               <C>         <C>        <C>       <C>
 2001     5        12,103           0           0          10,276           0           0.000      26.46     0.00
 2002     5        15,475           0           0          13,246           0           0.000      26.46     0.00
 2003     5        11,905           0           0          10,180           0           0.000      26.46     0.00
 2004     5        11,218           0           0           9,590           0           0.000      26.46     0.00
 2005     5        10,604           0           0           9,066           0           0.000      26.46     0.00
 2006     5        10,028           0           0           8,572           0           0.000      26.46     0.00
 2007     5         9,485           0           0           8,107           0           0.000      26.46     0.00
 2008     5         8,970           0           0           7,669           0           0.000      26.46     0.00
 2009     5         8,489           0           0           7,255           0           0.000      26.46     0.00
 2010     5         8,032           0           0           6,867           0           0.000      26.46     0.00
 2011     5         7,604           0           0           6,499           0           0.000      26.46     0.00
 2012     5         7,199           0           0           6,153           0           0.000      26.46     0.00
 2013     5         6,815           0           0           5,825           0           0.000      26.46     0.00
 2014     5         6,455           0           0           5,518           0           0.000      26.46     0.00
 2015     5         6,115           0           0           5,227           0           0.000      26.46     0.00

 SUB-TOTAL        140,497           0           0         120,050           0           0.000      26.46     0.00
 REMAINDER         45,298           0           0          38,644           0           0.000      26.46     0.00
 TOTAL            185,795           0           0         158,694           0           0.000      26.46     0.00

 CUMULATIVE             0           0           0
 ULTIMATE         185,795           0           0
</TABLE>

<TABLE>
<CAPTION>

                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>          <C>                 <C>           <C>          <C>   <C>             <C>             <C>   <C>
 2001          271,909           0             0            0       271,909         434           0       271,475
 2002          350,485           0             0            0       350,485         563           0       349,922
 2003          269,353           0             0            0       269,353         430           0       268,923
 2004          253,750           0             0            0       253,750         407           0       253,343
 2005          239,881           0             0            0       239,881         383           0       239,498
 2006          226,820           0             0            0       226,820         363           0       226,457
 2007          214,514           0             0            0       214,514         342           0       214,172
 2008          202,916           0             0            0       202,916         327           0       202,589
 2009          191,988           0             0            0       191,988         306           0       191,682
 2010          181,682           0             0            0       181,682         291           0       181,391
 2011          171,966           0             0            0       171,966         275           0       171,691
 2012          162,798           0             0            0       162,798         260           0       162,538
 2013          154,154           0             0            0       154,154         247           0       153,907
 2014          145,995           0             0            0       145,995         233           0       145,762
 2015          138,292           0             0            0       138,292         220           0       138,072

 SUB-TOT     3,176,503           0             0            0     3,176,503       5,081           0     3,171,422
 REMAIN      1,022,507           0             0            0     1,022,507       1,637           0     1,020,870
 TOTAL       4,199,010           0             0            0     4,199,010       6,718           0     4,192,292
</TABLE>

<TABLE>
<CAPTION>

                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>        <C>                 <C>   <C>               <C>   <C>            <C>           <C>             <C>
 2001         28,941           0     500,000           0       528,941       -257,466      -257,466      -246,143
 2002         63,648           0           0           0        63,648        286,274        28,808       248,013
 2003         63,648           0           0           0        63,648        205,275       234,083       160,227
 2004         63,648           0           0           0        63,648        189,695       423,778       134,006
 2005         63,648           0           0           0        63,648        175,850       599,628       112,453
 2006         63,648           0           0           0        63,648        162,809       762,437        94,246
 2007         63,648           0           0           0        63,648        150,524       912,961        78,876
 2008         63,648           0           0           0        63,648        138,941     1,051,902        65,907
 2009         63,648           0           0           0        63,648        128,034     1,179,936        54,976
 2010         63,648           0           0           0        63,648        117,743     1,297,679        45,766
 2011         63,648           0           0           0        63,648        108,043     1,405,722        38,017
 2012         63,648           0           0           0        63,648         98,890     1,504,612        31,498
 2013         63,648           0           0           0        63,648         90,259     1,594,871        26,025
 2014         63,648           0           0           0        63,648         82,114     1,676,985        21,432
 2015         63,648           0           0           0        63,648         74,424     1,751,409        17,584

 SUBTOT      920,013           0     500,000           0     1,420,013      1,751,409                     882,883
 REMAIN      613,267           0           0           0       613,267        407,603     2,159,012        63,715
 TOTAL     1,533,280           0     500,000           0     2,033,280      2,159,012                     946,598

   LIFE OF SUMMARY IS 29.11 YEARS.
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                 TENGASCO, INC.                         TABLE 12
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE
<TABLE>
<CAPTION>

 STATE SUMMARY
                                                                                       TOTAL PROBABLE
     KANSAS PROPERTIES                                                                 UNDEVELOPED


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
 <S>          <C>       <C>       <C>       <C>       <C>            <C>       <C>         <C>            <C>
 INITIAL -                                                                                  5.00% -       367,835
 FINAL   -                                                                                 10.00% -       256,528
 REMARKS - AD VALOREM TAXES ARE INCLUDED IN OPERATING COSTS.                               15.00% -       182,733
                                                                                           20.00% -       131,538
                                                                                           25.00% -        94,647
</TABLE>

<TABLE>
<CAPTION>

                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>      <C>              <C>         <C>        <C>              <C>         <C>        <C>       <C>
 2001     2         5,158           0           0           3,933           0           0.000      26.46     0.00
 2002     2         5,700           0           0           4,329           0           0.000      26.46     0.00
 2003     2         4,910           0           0           3,725           0           0.000      26.46     0.00
 2004     2         4,621           0           0           3,504           0           0.000      26.46     0.00
 2005     2         4,349           0           0           3,299           0           0.000      26.46     0.00
 2006     2         4,092           0           0           3,105           0           0.000      26.46     0.00
 2007     2         3,852           0           0           2,923           0           0.000      26.46     0.00
 2008     2         3,625           0           0           2,751           0           0.000      26.46     0.00
 2009     2         3,411           0           0           2,590           0           0.000      26.46     0.00
 2010     2         3,211           0           0           2,437           0           0.000      26.46     0.00
 2011     2         3,022           0           0           2,295           0           0.000      26.46     0.00
 2012     2         2,844           0           0           2,160           0           0.000      26.46     0.00
 2013     2         2,678           0           0           2,034           0           0.000      26.46     0.00
 2014     2         2,520           0           0           1,914           0           0.000      26.46     0.00
 2015     2         2,372           0           0           1,803           0           0.000      26.46     0.00

 SUB-TOTAL         56,365           0           0          42,802           0           0.000      26.46     0.00
 REMAINDER         10,893           0           0           8,147           0           0.000      26.46     0.00
 TOTAL             67,258           0           0          50,949           0           0.000      26.46     0.00

 CUMULATIVE             0           0           0
 ULTIMATE          67,258           0           0
</TABLE>

<TABLE>
<CAPTION>

                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>          <C>                 <C>           <C>          <C>   <C>             <C>             <C>   <C>
 2001          104,065           0             0            0       104,065         166           0       103,899
 2002          114,562           0             0            0       114,562         184           0       114,378
 2003           98,534           0             0            0        98,534         157           0        98,377
 2004           92,739           0             0            0        92,739         149           0        92,590
 2005           87,287           0             0            0        87,287         140           0        87,147
 2006           82,159           0             0            0        82,159         131           0        82,028
 2007           77,333           0             0            0        77,333         123           0        77,210
 2008           72,792           0             0            0        72,792         117           0        72,675
 2009           68,521           0             0            0        68,521         109           0        68,412
 2010           64,500           0             0            0        64,500         104           0        64,396
 2011           60,718           0             0            0        60,718          97           0        60,621
 2012           57,160           0             0            0        57,160          92           0        57,068
 2013           53,810           0             0            0        53,810          86           0        53,724
 2014           50,660           0             0            0        50,660          81           0        50,579
 2015           47,693           0             0            0        47,693          76           0        47,617

 SUB-TOT     1,132,533           0             0            0     1,132,533       1,812           0     1,130,721
 REMAIN        215,588           0             0            0       215,588         345           0       215,243
 TOTAL       1,348,121           0             0            0     1,348,121       2,157           0     1,345,964
</TABLE>

<TABLE>
<CAPTION>

                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>          <C>               <C>   <C>               <C>     <C>            <C>           <C>           <C>
 2001         15,501           0     185,313           0       200,814        -96,915       -96,915       -93,337
 2002         31,001           0           0           0        31,001         83,377       -13,538        72,188
 2003         31,001           0           0           0        31,001         67,376        53,838        52,586
 2004         31,001           0           0           0        31,001         61,589       115,427        43,515
 2005         31,001           0           0           0        31,001         56,146       171,573        35,910
 2006         31,001           0           0           0        31,001         51,027       222,600        29,543
 2007         31,001           0           0           0        31,001         46,209       268,809        24,217
 2008         31,001           0           0           0        31,001         41,674       310,483        19,772
 2009         31,001           0           0           0        31,001         37,411       347,894        16,068
 2010         31,001           0           0           0        31,001         33,395       381,289        12,984
 2011         31,001           0           0           0        31,001         29,620       410,909        10,425
 2012         31,001           0           0           0        31,001         26,067       436,976         8,306
 2013         31,002           0           0           0        31,002         22,722       459,698         6,554
 2014         31,001           0           0           0        31,001         19,578       479,276         5,113
 2015         31,001           0           0           0        31,001         16,616       495,892         3,928

 SUBTOT      449,516           0     185,313           0       634,829        495,892                     247,772
 REMAIN      166,340           0           0           0       166,340         48,903       544,795         8,756
 TOTAL       615,856           0     185,313           0       801,169        544,795                     256,528

   LIFE OF SUMMARY IS 23.17 YEARS.
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                 TENGASCO, INC.                         TABLE 13
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE
<TABLE>
<CAPTION>

 ARPIN SOUTH FIELD, ROOKS COUNTY, KANSAS                                               OIL LEASE
   TENGASCO, INC. - OPERATOR   8-T9S-R20W                                              PROVED
     THYFAULT   (ARBUCKLE)                                                             PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
 <S>         <C>       <C>       <C>       <C>          <C>         <C>       <C>          <C>            <C>
 INITIAL -   1.000000  0.820313                         26.46                               5.00% -       107,738
 FINAL   -   1.000000  0.820313                         26.46                              10.00% -        95,792
 REMARKS -                                                                                 15.00% -        85,915
                                                                                           20.00% -        77,669
                                                                                           25.00% -        70,721
</TABLE>

<TABLE>
<CAPTION>

                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>      <C>              <C>         <C>        <C>              <C>         <C>        <C>       <C>
 2001     1         2,241           0           0           1,838           0           0.000      26.46     0.00
 2002     1         1,984           0           0           1,627           0           0.000      26.46     0.00
 2003     1         1,755           0           0           1,440           0           0.000      26.46     0.00
 2004     1         1,553           0           0           1,275           0           0.000      26.46     0.00
 2005     1         1,375           0           0           1,127           0           0.000      26.46     0.00
 2006     1         1,217           0           0             998           0           0.000      26.46     0.00
 2007     1         1,077           0           0             884           0           0.000      26.46     0.00
 2008     1           952           0           0             781           0           0.000      26.46     0.00
 2009     1           643           0           0             527           0           0.000      26.46     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL         12,797           0           0          10,497           0           0.000      26.46     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL             12,797           0           0          10,497           0           0.000      26.46     0.00

 CUMULATIVE        23,326           0           0
 ULTIMATE          36,123           0           0
</TABLE>

<TABLE>
<CAPTION>

                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>            <C>               <C>           <C>          <C>     <C>             <C>           <C>     <C>
 2001           48,645           0             0            0        48,645          78           0        48,567
 2002           43,050           0             0            0        43,050          69           0        42,981
 2003           38,100           0             0            0        38,100          61           0        38,039
 2004           33,718           0             0            0        33,718          54           0        33,664
 2005           29,840           0             0            0        29,840          47           0        29,793
 2006           26,409           0             0            0        26,409          43           0        26,366
 2007           23,372           0             0            0        23,372          37           0        23,335
 2008           20,684           0             0            0        20,684          33           0        20,651
 2009           13,937           0             0            0        13,937          22           0        13,915
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT       277,755           0             0            0       277,755         444           0       277,311
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL         277,755           0             0            0       277,755         444           0       277,311
</TABLE>

<TABLE>
<CAPTION>

                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>          <C>               <C>         <C>         <C>     <C>            <C>           <C>            <C>
 2001         17,712           0           0           0        17,712         30,855        30,855        29,415
 2002         17,712           0           0           0        17,712         25,269        56,124        21,809
 2003         17,712           0           0           0        17,712         20,327        76,451        15,883
 2004         17,712           0           0           0        17,712         15,952        92,403        11,286
 2005         17,712           0           0           0        17,712         12,081       104,484         7,740
 2006         17,712           0           0           0        17,712          8,654       113,138         5,022
 2007         17,712           0           0           0        17,712          5,623       118,761         2,957
 2008         17,712           0           0           0        17,712          2,939       121,700         1,403
 2009         13,284           0           0           0        13,284            631       122,331           277
 2010              0           0           0           0             0              0       122,331             0
 2011              0           0           0           0             0              0       122,331             0
 2012              0           0           0           0             0              0       122,331             0
 2013              0           0           0           0             0              0       122,331             0
 2014              0           0           0           0             0              0       122,331             0
 2015              0           0           0           0             0              0       122,331             0

 SUBTOT      154,980           0           0           0       154,980        122,331                      95,792
 REMAIN            0           0           0           0             0              0       122,331             0
 TOTAL       154,980           0           0           0       154,980        122,331                      95,792

   LIFE OF EVALUATION IS 8.75 YEARS.
   FINAL PRODUCTION RATE: 68 BBLS/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                 TENGASCO, INC.                         TABLE 14
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE
<TABLE>
<CAPTION>

 ASH CREEK FIELD, BARTON COUNTY, KANSAS                                                OIL LEASE
   TENGASCO, INC. - OPERATOR   30-T20S-R15W                                            PROVED
     UNRUH   (ARBUCKLE)                                                                PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
 <S>         <C>       <C>       <C>       <C>          <C>         <C>       <C>          <C>                  <C>
 INITIAL -   0.812500                                                                       5.00% -             0
 FINAL   -   0.812500                                                                      10.00% -             0
 REMARKS -                                                                                 15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>

<TABLE>
<CAPTION>

                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>    <C>         <C>              <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2001                   0           0           0               0           0           0.000       0.00     0.00
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE        29,045           0           0
 ULTIMATE          29,045           0           0
</TABLE>

<TABLE>
<CAPTION>

                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2001                0           0             0            0             0           0           0             0
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>

<TABLE>
<CAPTION>

                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2001              0           0           0           0             0              0             0             0
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0 BBLS/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                 TENGASCO, INC.                         TABLE 15
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE
<TABLE>
<CAPTION>

 AXELSON FIELD, ROOKS COUNTY, KANSAS                                                   OIL LEASE
   TENGASCO, INC. - OPERATOR   24-T7S-R19W                                             PROVED
     AXELSON #1   (LANSING)                                                            PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>        <C>       <C>         <C>         <C>        <C>         <C>            <C>
 INITIAL -   1.000000  0.792969                         26.46                               5.00% -       256,258
 FINAL   -   1.000000  0.792969                         26.46                              10.00% -       186,241
 REMARKS -                                                                                 15.00% -       144,695
                                                                                           20.00% -       117,820
                                                                                           25.00% -        99,219
</TABLE>

<TABLE>
<CAPTION>

                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>      <C>              <C>         <C>        <C>              <C>         <C>        <C>       <C>
 2001     2         2,103           0           0           1,668           0           0.000      26.46     0.00
 2002     2         2,030           0           0           1,609           0           0.000      26.46     0.00
 2003     2         1,958           0           0           1,553           0           0.000      26.46     0.00
 2004     2         1,890           0           0           1,499           0           0.000      26.46     0.00
 2005     2         1,824           0           0           1,446           0           0.000      26.46     0.00
 2006     2         1,760           0           0           1,395           0           0.000      26.46     0.00
 2007     2         1,698           0           0           1,347           0           0.000      26.46     0.00
 2008     2         1,639           0           0           1,300           0           0.000      26.46     0.00
 2009     2         1,582           0           0           1,254           0           0.000      26.46     0.00
 2010     2         1,526           0           0           1,210           0           0.000      26.46     0.00
 2011     2         1,472           0           0           1,168           0           0.000      26.46     0.00
 2012     2         1,422           0           0           1,127           0           0.000      26.46     0.00
 2013     2         1,371           0           0           1,088           0           0.000      26.46     0.00
 2014     2         1,324           0           0           1,049           0           0.000      26.46     0.00
 2015     2         1,277           0           0           1,013           0           0.000      26.46     0.00

 SUB-TOTAL         24,876           0           0          19,726           0           0.000      26.46     0.00
 REMAINDER         15,593           0           0          12,365           0           0.000      26.46     0.00
 TOTAL             40,469           0           0          32,091           0           0.000      26.46     0.00

 CUMULATIVE        57,708           0           0
 ULTIMATE          98,177           0           0
</TABLE>

<TABLE>
<CAPTION>

                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>            <C>               <C>           <C>          <C>     <C>           <C>             <C>     <C>
 2001           44,127           0             0            0        44,127          71           0        44,056
 2002           42,583           0             0            0        42,583          68           0        42,515
 2003           41,093           0             0            0        41,093          65           0        41,028
 2004           39,654           0             0            0        39,654          64           0        39,590
 2005           38,267           0             0            0        38,267          61           0        38,206
 2006           36,927           0             0            0        36,927          59           0        36,868
 2007           35,635           0             0            0        35,635          57           0        35,578
 2008           34,387           0             0            0        34,387          55           0        34,332
 2009           33,184           0             0            0        33,184          53           0        33,131
 2010           32,022           0             0            0        32,022          52           0        31,970
 2011           30,902           0             0            0        30,902          49           0        30,853
 2012           29,820           0             0            0        29,820          48           0        29,772
 2013           28,777           0             0            0        28,777          46           0        28,731
 2014           27,769           0             0            0        27,769          44           0        27,725
 2015           26,797           0             0            0        26,797          43           0        26,754

 SUB-TOT       521,944           0             0            0       521,944         835           0       521,109
 REMAIN        327,178           0             0            0       327,178         524           0       326,654
 TOTAL         849,122           0             0            0       849,122       1,359           0       847,763
</TABLE>

<TABLE>
<CAPTION>

                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>          <C>               <C>         <C>         <C>     <C>            <C>           <C>           <C>
 2001         14,652           0           0           0        14,652         29,404        29,404        28,000
 2002         14,652           0           0           0        14,652         27,863        57,267        24,017
 2003         14,652           0           0           0        14,652         26,376        83,643        20,581
 2004         14,652           0           0           0        14,652         24,938       108,581        17,614
 2005         14,652           0           0           0        14,652         23,554       132,135        15,060
 2006         14,652           0           0           0        14,652         22,216       154,351        12,859
 2007         14,652           0           0           0        14,652         20,926       175,277        10,963
 2008         14,652           0           0           0        14,652         19,680       194,957         9,334
 2009         14,652           0           0           0        14,652         18,479       213,436         7,934
 2010         14,652           0           0           0        14,652         17,318       230,754         6,730
 2011         14,652           0           0           0        14,652         16,201       246,955         5,700
 2012         14,652           0           0           0        14,652         15,120       262,075         4,815
 2013         14,652           0           0           0        14,652         14,079       276,154         4,058
 2014         14,652           0           0           0        14,652         13,073       289,227         3,412
 2015         14,652           0           0           0        14,652         12,102       301,329         2,859

 SUBTOT      219,780           0           0           0       219,780        301,329                     173,936
 REMAIN      240,537           0           0           0       240,537         86,117       387,446        12,305
 TOTAL       460,317           0           0           0       460,317        387,446                     186,241

   LIFE OF EVALUATION IS 31.42 YEARS.
   FINAL PRODUCTION RATE: 58 BBLS/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                 TENGASCO, INC.                         TABLE 16
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE
<TABLE>
<CAPTION>

 BEISEL FIELD, RUSSELL COUNTY, KANSAS                                                  OIL LEASE
   TENGASCO, INC. - OPERATOR   15-T14S-R12W                                            PROVED
     BEISEL   (ARBUCKLE)                                                               PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>        <C>       <C>         <C>          <C>      <C>          <C>            <C>
 INITIAL -   1.000000  0.875000                         26.46                               5.00% -       114,834
 FINAL   -   1.000000  0.875000                         26.46                              10.00% -        96,638
 REMARKS -                                                                                 15.00% -        82,793
                                                                                           20.00% -        72,050
                                                                                           25.00% -        63,559
</TABLE>

<TABLE>
<CAPTION>

                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>     <C>               <C>         <C>        <C>              <C>         <C>        <C>       <C>
 2001     4         2,764           0           0           2,419           0           0.000      26.46     0.00
 2002     4         2,668           0           0           2,334           0           0.000      26.46     0.00
 2003     4         2,574           0           0           2,252           0           0.000      26.46     0.00
 2004     4         2,484           0           0           2,174           0           0.000      26.46     0.00
 2005     4         2,397           0           0           2,097           0           0.000      26.46     0.00
 2006     4         2,313           0           0           2,024           0           0.000      26.46     0.00
 2007     4         2,232           0           0           1,953           0           0.000      26.46     0.00
 2008     4         2,154           0           0           1,885           0           0.000      26.46     0.00
 2009     4         2,079           0           0           1,819           0           0.000      26.46     0.00
 2010     4         2,006           0           0           1,755           0           0.000      26.46     0.00
 2011     4         1,936           0           0           1,694           0           0.000      26.46     0.00
 2012     4         1,868           0           0           1,634           0           0.000      26.46     0.00
 2013     4         1,358           0           0           1,189           0           0.000      26.46     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL         28,833           0           0          25,229           0           0.000      26.46     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL             28,833           0           0          25,229           0           0.000      26.46     0.00

 CUMULATIVE       164,532           0           0
 ULTIMATE         193,365           0           0
</TABLE>

<TABLE>
<CAPTION>

                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>            <C>               <C>           <C>          <C>     <C>           <C>             <C>     <C>
 2001           63,999           0             0            0        63,999         102           0        63,897
 2002           61,759           0             0            0        61,759          99           0        61,660
 2003           59,597           0             0            0        59,597          96           0        59,501
 2004           57,511           0             0            0        57,511          92           0        57,419
 2005           55,499           0             0            0        55,499          88           0        55,411
 2006           53,556           0             0            0        53,556          86           0        53,470
 2007           51,681           0             0            0        51,681          83           0        51,598
 2008           49,873           0             0            0        49,873          80           0        49,793
 2009           48,127           0             0            0        48,127          77           0        48,050
 2010           46,443           0             0            0        46,443          74           0        46,369
 2011           44,817           0             0            0        44,817          72           0        44,745
 2012           43,248           0             0            0        43,248          69           0        43,179
 2013           31,441           0             0            0        31,441          50           0        31,391
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT       667,551           0             0            0       667,551       1,068           0       666,483
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL         667,551           0             0            0       667,551       1,068           0       666,483
</TABLE>

<TABLE>
<CAPTION>

                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>          <C>               <C>         <C>         <C>     <C>            <C>           <C>            <C>
 2001         41,352           0           0           0        41,352         22,545        22,545        21,477
 2002         41,352           0           0           0        41,352         20,308        42,853        17,512
 2003         41,352           0           0           0        41,352         18,149        61,002        14,169
 2004         41,352           0           0           0        41,352         16,067        77,069        11,355
 2005         41,352           0           0           0        41,352         14,059        91,128         8,995
 2006         41,352           0           0           0        41,352         12,118       103,246         7,020
 2007         41,352           0           0           0        41,352         10,246       113,492         5,373
 2008         41,352           0           0           0        41,352          8,441       121,933         4,008
 2009         41,352           0           0           0        41,352          6,698       128,631         2,881
 2010         41,352           0           0           0        41,352          5,017       133,648         1,954
 2011         41,352           0           0           0        41,352          3,393       137,041         1,197
 2012         41,352           0           0           0        41,352          1,827       138,868           586
 2013         31,014           0           0           0        31,014            377       139,245           111
 2014              0           0           0           0             0              0       139,245             0
 2015              0           0           0           0             0              0       139,245             0

 SUBTOT      527,238           0           0           0       527,238        139,245                      96,638
 REMAIN            0           0           0           0             0              0       139,245             0
 TOTAL       527,238           0           0           0       527,238        139,245                      96,638

   LIFE OF EVALUATION IS 12.75 YEARS.
   FINAL PRODUCTION RATE: 149 BBLS/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                 TENGASCO, INC.                         TABLE 17
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE
<TABLE>
<CAPTION>

 BEISEL FIELD, RUSSELL COUNTY, KANSAS                                                  OIL LEASE
   TENGASCO, INC. - OPERATOR   15-T14S-R12W                                            PROVED
     BEISEL #9 PUD   (ARBUCKLE)                                                        UNDEVELOPED


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>        <C>       <C>         <C>          <C>      <C>          <C>            <C>
 INITIAL -   1.000000  0.875000                         26.46                               5.00% -       362,803
 FINAL   -   1.000000  0.875000                         26.46                              10.00% -       252,794
 REMARKS -                                                                                 15.00% -       182,435
                                                                                           20.00% -       134,751
                                                                                           25.00% -       100,887
</TABLE>

<TABLE>
<CAPTION>

                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>      <C>              <C>         <C>        <C>              <C>         <C>        <C>       <C>
 2001     1         1,765           0           0           1,544           0           0.000      26.46     0.00
 2002     1         3,327           0           0           2,912           0           0.000      26.46     0.00
 2003     1         3,075           0           0           2,690           0           0.000      26.46     0.00
 2004     1         2,842           0           0           2,487           0           0.000      26.46     0.00
 2005     1         2,625           0           0           2,297           0           0.000      26.46     0.00
 2006     1         2,427           0           0           2,123           0           0.000      26.46     0.00
 2007     1         2,242           0           0           1,962           0           0.000      26.46     0.00
 2008     1         2,071           0           0           1,813           0           0.000      26.46     0.00
 2009     1         1,915           0           0           1,675           0           0.000      26.46     0.00
 2010     1         1,769           0           0           1,548           0           0.000      26.46     0.00
 2011     1         1,635           0           0           1,430           0           0.000      26.46     0.00
 2012     1         1,511           0           0           1,322           0           0.000      26.46     0.00
 2013     1         1,395           0           0           1,222           0           0.000      26.46     0.00
 2014     1         1,290           0           0           1,128           0           0.000      26.46     0.00
 2015     1         1,192           0           0           1,043           0           0.000      26.46     0.00

 SUB-TOTAL         31,081           0           0          27,196           0           0.000      26.46     0.00
 REMAINDER          7,669           0           0           6,710           0           0.000      26.46     0.00
 TOTAL             38,750           0           0          33,906           0           0.000      26.46     0.00

 CUMULATIVE             0           0           0
 ULTIMATE          38,750           0           0
</TABLE>

<TABLE>
<CAPTION>

                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>            <C>               <C>           <C>          <C>     <C>           <C>             <C>     <C>
 2001           40,862           0             0            0        40,862          65           0        40,797
 2002           77,041           0             0            0        77,041         124           0        76,917
 2003           71,190           0             0            0        71,190         114           0        71,076
 2004           65,785           0             0            0        65,785         105           0        65,680
 2005           60,790           0             0            0        60,790          97           0        60,693
 2006           56,175           0             0            0        56,175          90           0        56,085
 2007           51,909           0             0            0        51,909          83           0        51,826
 2008           47,967           0             0            0        47,967          77           0        47,890
 2009           44,325           0             0            0        44,325          71           0        44,254
 2010           40,960           0             0            0        40,960          65           0        40,895
 2011           37,849           0             0            0        37,849          61           0        37,788
 2012           34,976           0             0            0        34,976          56           0        34,920
 2013           32,320           0             0            0        32,320          51           0        32,269
 2014           29,866           0             0            0        29,866          48           0        29,818
 2015           27,598           0             0            0        27,598          44           0        27,554

 SUB-TOT       719,613           0             0            0       719,613       1,151           0       718,462
 REMAIN        177,546           0             0            0       177,546         284           0       177,262
 TOTAL         897,159           0             0            0       897,159       1,435           0       895,724
</TABLE>

<TABLE>
<CAPTION>

                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>          <C>               <C>   <C>               <C>     <C>            <C>           <C>           <C>
 2001          5,172           0     100,000           0       105,172        -64,375       -64,375       -61,678
 2002         10,344           0           0           0        10,344         66,573         2,198        57,402
 2003         10,344           0           0           0        10,344         60,732        62,930        47,403
 2004         10,344           0           0           0        10,344         55,336       118,266        39,097
 2005         10,344           0           0           0        10,344         50,349       168,615        32,202
 2006         10,344           0           0           0        10,344         45,741       214,356        26,483
 2007         10,344           0           0           0        10,344         41,482       255,838        21,740
 2008         10,344           0           0           0        10,344         37,546       293,384        17,813
 2009         10,344           0           0           0        10,344         33,910       327,294        14,563
 2010         10,344           0           0           0        10,344         30,551       357,845        11,877
 2011         10,344           0           0           0        10,344         27,444       385,289         9,659
 2012         10,344           0           0           0        10,344         24,576       409,865         7,829
 2013         10,344           0           0           0        10,344         21,925       431,790         6,323
 2014         10,344           0           0           0        10,344         19,474       451,264         5,084
 2015         10,344           0           0           0        10,344         17,210       468,474         4,067

 SUBTOT      149,988           0     100,000           0       249,988        468,474                     239,864
 REMAIN       98,516           0           0           0        98,516         78,746       547,220        12,930
 TOTAL       248,504           0     100,000           0       348,504        547,220                     252,794

   LIFE OF EVALUATION IS 24.52 YEARS.
   FINAL PRODUCTION RATE: 45 BBLS/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                 TENGASCO, INC.                         TABLE 18
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE
<TABLE>
<CAPTION>

 BIELMAN FIELD, ELLIS COUNTY, KANSAS                                                   OIL LEASE
   TENGASCO, INC. - OPERATOR   24-T15S-R18W                                            PROVED
     GRASS   (ARBUCKLE)                                                                PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>        <C>       <C>         <C>          <C>      <C>          <C>            <C>
 INITIAL -   1.000000  0.875000                         26.46                               5.00% -       289,103
 FINAL   -   1.000000  0.875000                         26.46                              10.00% -       201,072
 REMARKS -                                                                                 15.00% -       152,479
                                                                                           20.00% -       122,393
                                                                                           25.00% -       102,127
</TABLE>

<TABLE>
<CAPTION>

                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>               <C>               <C>         <C>        <C>              <C>         <C>        <C>       <C>
 2001     1         1,952           0           0           1,708           0           0.000      26.46     0.00
 2002     1         1,900           0           0           1,663           0           0.000      26.46     0.00
 2003     1         1,848           0           0           1,617           0           0.000      26.46     0.00
 2004     1         1,798           0           0           1,573           0           0.000      26.46     0.00
 2005     1         1,749           0           0           1,530           0           0.000      26.46     0.00
 2006     1         1,702           0           0           1,490           0           0.000      26.46     0.00
 2007     1         1,656           0           0           1,448           0           0.000      26.46     0.00
 2008     1         1,611           0           0           1,410           0           0.000      26.46     0.00
 2009     1         1,567           0           0           1,371           0           0.000      26.46     0.00
 2010     1         1,525           0           0           1,334           0           0.000      26.46     0.00
 2011     1         1,483           0           0           1,298           0           0.000      26.46     0.00
 2012     1         1,443           0           0           1,263           0           0.000      26.46     0.00
 2013     1         1,404           0           0           1,229           0           0.000      26.46     0.00
 2014     1         1,367           0           0           1,195           0           0.000      26.46     0.00
 2015     1         1,329           0           0           1,163           0           0.000      26.46     0.00

 SUB-TOTAL         24,334           0           0          21,292           0           0.000      26.46     0.00
 REMAINDER         22,638           0           0          19,808           0           0.000      26.46     0.00
 TOTAL             46,972           0           0          41,100           0           0.000      26.46     0.00

 CUMULATIVE       118,670           0           0
 ULTIMATE         165,642           0           0
</TABLE>

<TABLE>
<CAPTION>

                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>          <C>                 <C>           <C>          <C>   <C>             <C>             <C>   <C>
 2001           45,204           0             0            0        45,204          72           0        45,132
 2002           43,979           0             0            0        43,979          71           0        43,908
 2003           42,788           0             0            0        42,788          68           0        42,720
 2004           41,628           0             0            0        41,628          67           0        41,561
 2005           40,499           0             0            0        40,499          65           0        40,434
 2006           39,403           0             0            0        39,403          63           0        39,340
 2007           38,334           0             0            0        38,334          61           0        38,273
 2008           37,295           0             0            0        37,295          60           0        37,235
 2009           36,285           0             0            0        36,285          58           0        36,227
 2010           35,302           0             0            0        35,302          56           0        35,246
 2011           34,345           0             0            0        34,345          55           0        34,290
 2012           33,414           0             0            0        33,414          54           0        33,360
 2013           32,508           0             0            0        32,508          52           0        32,456
 2014           31,628           0             0            0        31,628          50           0        31,578
 2015           30,770           0             0            0        30,770          49           0        30,721

 SUB-TOT       563,382           0             0            0       563,382         901           0       562,481
 REMAIN        524,134           0             0            0       524,134         839           0       523,295
 TOTAL       1,087,516           0             0            0     1,087,516       1,740           0     1,085,776
</TABLE>

<TABLE>
<CAPTION>

                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>          <C>               <C>         <C>         <C>     <C>            <C>           <C>           <C>
 2001         15,912           0           0           0        15,912         29,220        29,220        27,822
 2002         15,912           0           0           0        15,912         27,996        57,216        24,130
 2003         15,912           0           0           0        15,912         26,808        84,024        20,916
 2004         15,912           0           0           0        15,912         25,649       109,673        18,114
 2005         15,912           0           0           0        15,912         24,522       134,195        15,678
 2006         15,912           0           0           0        15,912         23,428       157,623        13,558
 2007         15,912           0           0           0        15,912         22,361       179,984        11,714
 2008         15,912           0           0           0        15,912         21,323       201,307        10,112
 2009         15,912           0           0           0        15,912         20,315       221,622         8,721
 2010         15,912           0           0           0        15,912         19,334       240,956         7,513
 2011         15,912           0           0           0        15,912         18,378       259,334         6,464
 2012         15,912           0           0           0        15,912         17,448       276,782         5,556
 2013         15,912           0           0           0        15,912         16,544       293,326         4,769
 2014         15,912           0           0           0        15,912         15,666       308,992         4,087
 2015         15,912           0           0           0        15,912         14,809       323,801         3,498

 SUBTOT      238,680           0           0           0       238,680        323,801                     182,652
 REMAIN      372,606           0           0           0       372,606        150,689       474,490        18,420
 TOTAL       611,286           0           0           0       611,286        474,490                     201,072
</TABLE>

   LIFE OF EVALUATION IS 38.42 YEARS.
   FINAL PRODUCTION RATE: 57 BBLS/MO

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                 TENGASCO, INC.                         TABLE 19
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE
<TABLE>
<CAPTION>

 CARPENTER FIELD, EDWARDS COUNTY, KANSAS                                               OIL LEASE
   TENGASCO, INC. - OPERATOR   1-T24S-R17W                                             PROVED
     HENNING   (LNSG-PSLV)                                                             PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>        <C>       <C>         <C>          <C>      <C>          <C>            <C>
 INITIAL -   0.875000  0.708801                         26.46                               5.00% -        23,826
 FINAL   -   0.875000  0.708801                         26.46                              10.00% -        19,936
 REMARKS -                                                                                 15.00% -        17,006
                                                                                           20.00% -        14,752
                                                                                           25.00% -        12,982
</TABLE>

<TABLE>
<CAPTION>

                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                <C>              <C>         <C>         <C>             <C>         <C>        <C>       <C>
 2001     1           597           0           0             423           0           0.000      26.46     0.00
 2002     1           573           0           0             406           0           0.000      26.46     0.00
 2003     1           550           0           0             390           0           0.000      26.46     0.00
 2004     1           528           0           0             375           0           0.000      26.46     0.00
 2005     1           508           0           0             359           0           0.000      26.46     0.00
 2006     1           486           0           0             345           0           0.000      26.46     0.00
 2007     1           468           0           0             331           0           0.000      26.46     0.00
 2008     1           448           0           0             318           0           0.000      26.46     0.00
 2009     1           431           0           0             306           0           0.000      26.46     0.00
 2010     1           413           0           0             293           0           0.000      26.46     0.00
 2011     1           397           0           0             281           0           0.000      26.46     0.00
 2012     1           381           0           0             270           0           0.000      26.46     0.00
 2013     1           366           0           0             259           0           0.000      26.46     0.00
 2014     1           119           0           0              84           0           0.000      26.46     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL          6,265           0           0           4,440           0           0.000      26.46     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL              6,265           0           0           4,440           0           0.000      26.46     0.00

 CUMULATIVE        16,620           0           0
 ULTIMATE          22,885           0           0
</TABLE>

<TABLE>
<CAPTION>

                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>            <C>               <C>           <C>          <C>     <C>             <C>           <C>     <C>
 2001           11,197           0             0            0        11,197          18           0        11,179
 2002           10,748           0             0            0        10,748          17           0        10,731
 2003           10,319           0             0            0        10,319          17           0        10,302
 2004            9,906           0             0            0         9,906          15           0         9,891
 2005            9,510           0             0            0         9,510          16           0         9,494
 2006            9,129           0             0            0         9,129          14           0         9,115
 2007            8,764           0             0            0         8,764          14           0         8,750
 2008            8,414           0             0            0         8,414          14           0         8,400
 2009            8,077           0             0            0         8,077          13           0         8,064
 2010            7,754           0             0            0         7,754          12           0         7,742
 2011            7,444           0             0            0         7,444          12           0         7,432
 2012            7,146           0             0            0         7,146          11           0         7,135
 2013            6,860           0             0            0         6,860          11           0         6,849
 2014            2,226           0             0            0         2,226           4           0         2,222
 2015                0           0             0            0             0           0           0             0

 SUB-TOT       117,494           0             0            0       117,494         188           0       117,306
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL         117,494           0             0            0       117,494         188           0       117,306
</TABLE>

<TABLE>
<CAPTION>

                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>           <C>              <C>         <C>         <C>      <C>            <C>           <C>           <C>
 2001          6,615           0           0           0         6,615          4,564         4,564         4,348
 2002          6,615           0           0           0         6,615          4,116         8,680         3,549
 2003          6,615           0           0           0         6,615          3,687        12,367         2,878
 2004          6,615           0           0           0         6,615          3,276        15,643         2,316
 2005          6,615           0           0           0         6,615          2,879        18,522         1,842
 2006          6,615           0           0           0         6,615          2,500        21,022         1,448
 2007          6,615           0           0           0         6,615          2,135        23,157         1,119
 2008          6,615           0           0           0         6,615          1,785        24,942           848
 2009          6,615           0           0           0         6,615          1,449        26,391           623
 2010          6,615           0           0           0         6,615          1,127        27,518           438
 2011          6,615           0           0           0         6,615            817        28,335           288
 2012          6,615           0           0           0         6,615            520        28,855           167
 2013          6,615           0           0           0         6,615            234        29,089            68
 2014          2,205           0           0           0         2,205             17        29,106             4
 2015              0           0           0           0             0              0        29,106             0

 SUBTOT       88,200           0           0           0        88,200         29,106                      19,936
 REMAIN            0           0           0           0             0              0        29,106             0
 TOTAL        88,200           0           0           0        88,200         29,106                      19,936
</TABLE>

   LIFE OF EVALUATION IS 13.33 YEARS.
   FINAL PRODUCTION RATE: 30 BBLS/MO


THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                 TENGASCO, INC.                         TABLE 20
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE
<TABLE>
<CAPTION>

 CARROLL FIELD, BARTON COUNTY, KANSAS                                                  OIL LEASE
   TENGASCO, INC. - OPERATOR   21-T17S-R14W                                            PROVED
     KEENAN -B-   (ABCK-KSSC-LNSG)                                                     PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>        <C>       <C>         <C>          <C>      <C>          <C>                  <C>
 INITIAL -   0.992754                                                                       5.00% -             0
 FINAL   -   0.992754                                                                      10.00% -             0
 REMARKS -                                                                                 15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>

<TABLE>
<CAPTION>

                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>    <C>        <C>               <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2001                   0           0           0               0           0           0.000       0.00     0.00
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE       112,731           0           0
 ULTIMATE         112,731           0           0
</TABLE>

<TABLE>
<CAPTION>

                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2001                0           0             0            0             0           0           0             0
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>

<TABLE>
<CAPTION>

                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2001              0           0           0           0             0              0             0             0
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0
</TABLE>

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0 BBLS/MO

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                 TENGASCO, INC.                         TABLE 21
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE
<TABLE>
<CAPTION>

 CENTERVIEW FIELD, STAFFORD COUNTY, KANSAS                                             OIL LEASE
   TENGASCO, INC. - OPERATOR   21-T24S-R13W                                            PROVED
     BECKERDITE #1   (ARBUCKLE)                                                        PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>        <C>       <C>         <C>          <C>      <C>          <C>             <C>
 INITIAL -   0.937500  0.807495                         26.46                               5.00% -        58,295
 FINAL   -   0.937500  0.807495                         26.46                              10.00% -        51,184
 REMARKS -                                                                                 15.00% -        45,410
                                                                                           20.00% -        40,668
                                                                                           25.00% -        36,732
</TABLE>

<TABLE>
<CAPTION>

                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>       <C>             <C>         <C>         <C>             <C>         <C>        <C>       <C>
 2001     1         1,334           0           0           1,077           0           0.000      26.46     0.00
 2002     1         1,228           0           0             992           0           0.000      26.46     0.00
 2003     1         1,129           0           0             912           0           0.000      26.46     0.00
 2004     1         1,039           0           0             839           0           0.000      26.46     0.00
 2005     1           956           0           0             771           0           0.000      26.46     0.00
 2006     1           879           0           0             711           0           0.000      26.46     0.00
 2007     1           809           0           0             653           0           0.000      26.46     0.00
 2008     1           745           0           0             601           0           0.000      26.46     0.00
 2009     1           685           0           0             553           0           0.000      26.46     0.00
 2010     1           321           0           0             259           0           0.000      26.46     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL          9,125           0           0           7,368           0           0.000      26.46     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL              9,125           0           0           7,368           0           0.000      26.46     0.00

 CUMULATIVE        24,603           0           0
 ULTIMATE          33,728           0           0
</TABLE>

<TABLE>
<CAPTION>

                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>            <C>               <C>           <C>          <C>     <C>             <C>           <C>     <C>
 2001           28,509           0             0            0        28,509          46           0        28,463
 2002           26,228           0             0            0        26,228          42           0        26,186
 2003           24,129           0             0            0        24,129          38           0        24,091
 2004           22,200           0             0            0        22,200          36           0        22,164
 2005           20,423           0             0            0        20,423          32           0        20,391
 2006           18,790           0             0            0        18,790          30           0        18,760
 2007           17,286           0             0            0        17,286          28           0        17,258
 2008           15,903           0             0            0        15,903          26           0        15,877
 2009           14,632           0             0            0        14,632          23           0        14,609
 2010            6,870           0             0            0         6,870          11           0         6,859
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT       194,970           0             0            0       194,970         312           0       194,658
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL         194,970           0             0            0       194,970         312           0       194,658
</TABLE>

<TABLE>
<CAPTION>

                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>          <C>               <C>         <C>         <C>     <C>             <C>           <C>           <C>
 2001         13,421           0           0           0        13,421         15,042        15,042        14,336
 2002         13,422           0           0           0        13,422         12,764        27,806        11,013
 2003         13,421           0           0           0        13,421         10,670        38,476         8,335
 2004         13,421           0           0           0        13,421          8,743        47,219         6,183
 2005         13,421           0           0           0        13,421          6,970        54,189         4,463
 2006         13,422           0           0           0        13,422          5,338        59,527         3,096
 2007         13,421           0           0           0        13,421          3,837        63,364         2,015
 2008         13,421           0           0           0        13,421          2,456        65,820         1,170
 2009         13,421           0           0           0        13,421          1,188        67,008           514
 2010          6,711           0           0           0         6,711            148        67,156            59
 2011              0           0           0           0             0              0        67,156             0
 2012              0           0           0           0             0              0        67,156             0
 2013              0           0           0           0             0              0        67,156             0
 2014              0           0           0           0             0              0        67,156             0
 2015              0           0           0           0             0              0        67,156             0

 SUBTOT      127,502           0           0           0       127,502         67,156                      51,184
 REMAIN            0           0           0           0             0              0        67,156             0
 TOTAL       127,502           0           0           0       127,502         67,156                      51,184
</TABLE>

   LIFE OF EVALUATION IS 9.50 YEARS.
   FINAL PRODUCTION RATE: 53 BBLS/MO


THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                 TENGASCO, INC.                         TABLE 22
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE
<TABLE>
<CAPTION>

 CHASE-SILICA FIELD, BARTON COUNTY, KANSAS                                             OIL LEASE
   TENGASCO, INC. - OPERATOR   10-T20S-R11W                                            PROVED
     LANDER #1                                                                         PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>        <C>       <C>         <C>          <C>      <C>          <C>              <C>
 INITIAL -   0.915630  0.741803                         26.46                               5.00% -         9,969
 FINAL   -   0.915630  0.741803                         26.46                              10.00% -         9,237
 REMARKS -                                                                                 15.00% -         8,588
                                                                                           20.00% -         8,011
                                                                                           25.00% -         7,496
</TABLE>

<TABLE>
<CAPTION>

                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>      <C>              <C>         <C>         <C>             <C>         <C>        <C>       <C>
 2001     1         1,102           0           0             817           0           0.000      26.46     0.00
 2002     1         1,052           0           0             781           0           0.000      26.46     0.00
 2003     1         1,006           0           0             746           0           0.000      26.46     0.00
 2004     1           961           0           0             713           0           0.000      26.46     0.00
 2005     1           918           0           0             681           0           0.000      26.46     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL          5,039           0           0           3,738           0           0.000      26.46     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL              5,039           0           0           3,738           0           0.000      26.46     0.00

 CUMULATIVE        21,470           0           0
 ULTIMATE          26,509           0           0
</TABLE>

<TABLE>
<CAPTION>

                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>             <C>              <C>           <C>          <C>      <C>             <C>          <C>      <C>
 2001           21,623           0             0            0        21,623          35           0        21,588
 2002           20,660           0             0            0        20,660          33           0        20,627
 2003           19,741           0             0            0        19,741          31           0        19,710
 2004           18,863           0             0            0        18,863          30           0        18,833
 2005           18,023           0             0            0        18,023          29           0        17,994
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT        98,910           0             0            0        98,910         158           0        98,752
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL          98,910           0             0            0        98,910         158           0        98,752
</TABLE>

<TABLE>
<CAPTION>

                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>           <C>              <C>         <C>         <C>      <C>             <C>           <C>           <C>
 2001         17,591           0           0           0        17,591          3,997         3,997         3,812
 2002         17,591           0           0           0        17,591          3,036         7,033         2,623
 2003         17,591           0           0           0        17,591          2,119         9,152         1,658
 2004         17,591           0           0           0        17,591          1,242        10,394           882
 2005         17,591           0           0           0        17,591            403        10,797           262
 2006              0           0           0           0             0              0        10,797             0
 2007              0           0           0           0             0              0        10,797             0
 2008              0           0           0           0             0              0        10,797             0
 2009              0           0           0           0             0              0        10,797             0
 2010              0           0           0           0             0              0        10,797             0
 2011              0           0           0           0             0              0        10,797             0
 2012              0           0           0           0             0              0        10,797             0
 2013              0           0           0           0             0              0        10,797             0
 2014              0           0           0           0             0              0        10,797             0
 2015              0           0           0           0             0              0        10,797             0

 SUBTOT       87,955           0           0           0        87,955         10,797                       9,237
 REMAIN            0           0           0           0             0              0        10,797             0
 TOTAL        87,955           0           0           0        87,955         10,797                       9,237
</TABLE>

   LIFE OF EVALUATION IS 5.00 YEARS.
   FINAL PRODUCTION RATE: 75 BBLS/MO


THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                 TENGASCO, INC.                         TABLE 23
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE
<TABLE>
<CAPTION>

 CHASE-SILICA FIELD, BARTON COUNTY, KANSAS                                             OIL LEASE
   TENGASCO, INC. - OPERATOR   10-T20S-R11W                                            PROBABLE
     LANDER #3 PBUD   (ARBUCKLE)                                                       UNDEVELOPED


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>        <C>       <C>         <C>          <C>      <C>          <C>            <C>
 INITIAL -   0.915630  0.741803                         26.46                               5.00% -       299,427
 FINAL   -   0.915630  0.741803                         26.46                              10.00% -       214,922
 REMARKS -                                                                                 15.00% -       159,446
                                                                                           20.00% -       121,164
                                                                                           25.00% -        93,620
</TABLE>

<TABLE>
<CAPTION>

                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>      <C>              <C>         <C>        <C>              <C>         <C>        <C>       <C>
 2001     1         3,129           0           0           2,321           0           0.000      26.46     0.00
 2002     1         3,790           0           0           2,811           0           0.000      26.46     0.00
 2003     1         3,374           0           0           2,504           0           0.000      26.46     0.00
 2004     1         3,165           0           0           2,347           0           0.000      26.46     0.00
 2005     1         2,969           0           0           2,202           0           0.000      26.46     0.00
 2006     1         2,783           0           0           2,065           0           0.000      26.46     0.00
 2007     1         2,611           0           0           1,937           0           0.000      26.46     0.00
 2008     1         2,449           0           0           1,816           0           0.000      26.46     0.00
 2009     1         2,296           0           0           1,704           0           0.000      26.46     0.00
 2010     1         2,154           0           0           1,597           0           0.000      26.46     0.00
 2011     1         2,020           0           0           1,499           0           0.000      26.46     0.00
 2012     1         1,894           0           0           1,405           0           0.000      26.46     0.00
 2013     1         1,777           0           0           1,318           0           0.000      26.46     0.00
 2014     1         1,666           0           0           1,236           0           0.000      26.46     0.00
 2015     1         1,563           0           0           1,159           0           0.000      26.46     0.00

 SUB-TOTAL         37,640           0           0          27,921           0           0.000      26.46     0.00
 REMAINDER          9,618           0           0           7,135           0           0.000      26.46     0.00
 TOTAL             47,258           0           0          35,056           0           0.000      26.46     0.00

 CUMULATIVE             0           0           0
 ULTIMATE          47,258           0           0
</TABLE>

<TABLE>
<CAPTION>

                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>            <C>               <C>           <C>          <C>     <C>           <C>             <C>     <C>
 2001           61,411           0             0            0        61,411          98           0        61,313
 2002           74,392           0             0            0        74,392         119           0        74,273
 2003           66,237           0             0            0        66,237         106           0        66,131
 2004           62,121           0             0            0        62,121         100           0        62,021
 2005           58,260           0             0            0        58,260          93           0        58,167
 2006           54,641           0             0            0        54,641          87           0        54,554
 2007           51,245           0             0            0        51,245          82           0        51,163
 2008           48,060           0             0            0        48,060          77           0        47,983
 2009           45,075           0             0            0        45,075          72           0        45,003
 2010           42,273           0             0            0        42,273          68           0        42,205
 2011           39,646           0             0            0        39,646          63           0        39,583
 2012           37,183           0             0            0        37,183          60           0        37,123
 2013           34,872           0             0            0        34,872          56           0        34,816
 2014           32,706           0             0            0        32,706          52           0        32,654
 2015           30,673           0             0            0        30,673          49           0        30,624

 SUB-TOT       738,795           0             0            0       738,795       1,182           0       737,613
 REMAIN        188,791           0             0            0       188,791         302           0       188,489
 TOTAL         927,586           0             0            0       927,586       1,484           0       926,102
</TABLE>

<TABLE>
<CAPTION>

                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>          <C>               <C>    <C>              <C>     <C>             <C>          <C>           <C>
 2001          8,796           0      91,563           0       100,359        -39,046       -39,046       -37,908
 2002         17,591           0           0           0        17,591         56,682        17,636        48,996
 2003         17,591           0           0           0        17,591         48,540        66,176        37,885
 2004         17,591           0           0           0        17,591         44,430       110,606        31,391
 2005         17,591           0           0           0        17,591         40,576       151,182        25,951
 2006         17,591           0           0           0        17,591         36,963       188,145        21,400
 2007         17,591           0           0           0        17,591         33,572       221,717        17,594
 2008         17,591           0           0           0        17,591         30,392       252,109        14,419
 2009         17,591           0           0           0        17,591         27,412       279,521        11,773
 2010         17,591           0           0           0        17,591         24,614       304,135         9,569
 2011         17,591           0           0           0        17,591         21,992       326,127         7,740
 2012         17,591           0           0           0        17,591         19,532       345,659         6,223
 2013         17,592           0           0           0        17,592         17,224       362,883         4,968
 2014         17,591           0           0           0        17,591         15,063       377,946         3,933
 2015         17,591           0           0           0        17,591         13,033       390,979         3,080

 SUBTOT      255,071           0      91,563           0       346,634        390,979                     207,014
 REMAIN      143,660           0           0           0       143,660         44,829       435,808         7,908
 TOTAL       398,731           0      91,563           0       490,294        435,808                     214,922
</TABLE>

   LIFE OF EVALUATION IS 23.17 YEARS.
   FINAL PRODUCTION RATE: 75 BBLS/MO


THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                 TENGASCO, INC.                         TABLE 24
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE
<TABLE>
<CAPTION>

 CHASE-SILICA FIELD, BARTON COUNTY, KANSAS                                             OIL LEASE
   TENGASCO, INC. - OPERATOR   3-T20S-R11W                                             PROVED
     ROSE, CHARLES                                                                     PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>        <C>       <C>         <C>          <C>      <C>          <C>            <C>
 INITIAL -   1.000000  0.875000                         26.46                               5.00% -       276,507
 FINAL   -   1.000000  0.875000                         26.46                              10.00% -       201,099
 REMARKS -                                                                                 15.00% -       156,552
                                                                                           20.00% -       127,744
                                                                                           25.00% -       107,777
</TABLE>

<TABLE>
<CAPTION>

                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>     <C>               <C>         <C>        <C>              <C>         <C>        <C>       <C>
 2001     3         1,815           0           0           1,588           0           0.000      26.46     0.00
 2002     3         1,735           0           0           1,518           0           0.000      26.46     0.00
 2003     3         1,659           0           0           1,452           0           0.000      26.46     0.00
 2004     3         1,586           0           0           1,387           0           0.000      26.46     0.00
 2005     3         1,516           0           0           1,327           0           0.000      26.46     0.00
 2006     3         1,449           0           0           1,268           0           0.000      26.46     0.00
 2007     3         1,386           0           0           1,213           0           0.000      26.46     0.00
 2008     3         1,324           0           0           1,159           0           0.000      26.46     0.00
 2009     3         1,267           0           0           1,108           0           0.000      26.46     0.00
 2010     3         1,210           0           0           1,059           0           0.000      26.46     0.00
 2011     3         1,158           0           0           1,013           0           0.000      26.46     0.00
 2012     3         1,106           0           0             968           0           0.000      26.46     0.00
 2013     3         1,058           0           0             925           0           0.000      26.46     0.00
 2014     3         1,011           0           0             885           0           0.000      26.46     0.00
 2015     3           967           0           0             846           0           0.000      26.46     0.00

 SUB-TOTAL         20,247           0           0          17,716           0           0.000      26.46     0.00
 REMAINDER         11,729           0           0          10,263           0           0.000      26.46     0.00
 TOTAL             31,976           0           0          27,979           0           0.000      26.46     0.00

 CUMULATIVE        91,213           0           0
 ULTIMATE         123,189           0           0
</TABLE>

<TABLE>
<CAPTION>

                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>            <C>               <C>           <C>          <C>     <C>           <C>             <C>     <C>
 2001           42,022           0             0            0        42,022          67           0        41,955
 2002           40,173           0             0            0        40,173          65           0        40,108
 2003           38,406           0             0            0        38,406          61           0        38,345
 2004           36,716           0             0            0        36,716          59           0        36,657
 2005           35,100           0             0            0        35,100          56           0        35,044
 2006           33,556           0             0            0        33,556          54           0        33,502
 2007           32,079           0             0            0        32,079          51           0        32,028
 2008           30,668           0             0            0        30,668          49           0        30,619
 2009           29,319           0             0            0        29,319          47           0        29,272
 2010           28,028           0             0            0        28,028          45           0        27,983
 2011           26,796           0             0            0        26,796          43           0        26,753
 2012           25,616           0             0            0        25,616          41           0        25,575
 2013           24,489           0             0            0        24,489          39           0        24,450
 2014           23,412           0             0            0        23,412          37           0        23,375
 2015           22,381           0             0            0        22,381          36           0        22,345

 SUB-TOT       468,761           0             0            0       468,761         750           0       468,011
 REMAIN        271,566           0             0            0       271,566         435           0       271,131
 TOTAL         740,327           0             0            0       740,327       1,185           0       739,142
</TABLE>

<TABLE>
<CAPTION>

                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>          <C>               <C>         <C>         <C>     <C>            <C>           <C>           <C>
 2001          9,636           0           0           0         9,636         32,319        32,319        30,777
 2002          9,636           0           0           0         9,636         30,472        62,791        26,267
 2003          9,636           0           0           0         9,636         28,709        91,500        22,402
 2004          9,636           0           0           0         9,636         27,021       118,521        19,086
 2005          9,636           0           0           0         9,636         25,408       143,929        16,247
 2006          9,636           0           0           0         9,636         23,866       167,795        13,813
 2007          9,636           0           0           0         9,636         22,392       190,187        11,733
 2008          9,636           0           0           0         9,636         20,983       211,170         9,952
 2009          9,636           0           0           0         9,636         19,636       230,806         8,430
 2010          9,636           0           0           0         9,636         18,347       249,153         7,130
 2011          9,636           0           0           0         9,636         17,117       266,270         6,022
 2012          9,636           0           0           0         9,636         15,939       282,209         5,077
 2013          9,636           0           0           0         9,636         14,814       297,023         4,270
 2014          9,636           0           0           0         9,636         13,739       310,762         3,586
 2015          9,636           0           0           0         9,636         12,709       323,471         3,002

 SUBTOT      144,540           0           0           0       144,540        323,471                     187,794
 REMAIN      175,054           0           0           0       175,054         96,077       419,548        13,305
 TOTAL       319,594           0           0           0       319,594        419,548                     201,099
</TABLE>

   LIFE OF EVALUATION IS 33.17 YEARS.
   FINAL PRODUCTION RATE: 35 BBLS/MO


THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                 TENGASCO, INC.                         TABLE 25
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE
<TABLE>
<CAPTION>

 CHEYENNE FIELD, BARTON COUNTY, KANSAS                                                 OIL LEASE
   TENGASCO, INC. - OPERATOR   2-T19S-R12W                                             PROVED
     HAMMEKE   (SIMPSON)                                                               PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>        <C>       <C>         <C>          <C>      <C>          <C>             <C>
 INITIAL -   1.000000  0.833984                         26.46                               5.00% -        92,457
 FINAL   -   1.000000  0.833984                         26.46                              10.00% -        73,363
 REMARKS -                                                                                 15.00% -        60,216
                                                                                           20.00% -        50,792
                                                                                           25.00% -        43,793
</TABLE>

<TABLE>
<CAPTION>

                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>      <C>              <C>         <C>        <C>              <C>         <C>        <C>       <C>
 2001     1         1,124           0           0             937           0           0.000      26.46     0.00
 2002     1         1,073           0           0             895           0           0.000      26.46     0.00
 2003     1         1,026           0           0             856           0           0.000      26.46     0.00
 2004     1           981           0           0             818           0           0.000      26.46     0.00
 2005     1           937           0           0             781           0           0.000      26.46     0.00
 2006     1           895           0           0             747           0           0.000      26.46     0.00
 2007     1           856           0           0             713           0           0.000      26.46     0.00
 2008     1           817           0           0             682           0           0.000      26.46     0.00
 2009     1           781           0           0             652           0           0.000      26.46     0.00
 2010     1           747           0           0             623           0           0.000      26.46     0.00
 2011     1           714           0           0             595           0           0.000      26.46     0.00
 2012     1           681           0           0             568           0           0.000      26.46     0.00
 2013     1           652           0           0             544           0           0.000      26.46     0.00
 2014     1           622           0           0             519           0           0.000      26.46     0.00
 2015     1           595           0           0             496           0           0.000      26.46     0.00

 SUB-TOTAL         12,501           0           0          10,426           0           0.000      26.46     0.00
 REMAINDER          2,248           0           0           1,874           0           0.000      26.46     0.00
 TOTAL             14,749           0           0          12,300           0           0.000      26.46     0.00

 CUMULATIVE        34,465           0           0
 ULTIMATE          49,214           0           0
</TABLE>

<TABLE>
<CAPTION>

                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>            <C>               <C>           <C>          <C>     <C>             <C>           <C>     <C>
 2001           24,794           0             0            0        24,794          40           0        24,754
 2002           23,694           0             0            0        23,694          38           0        23,656
 2003           22,641           0             0            0        22,641          36           0        22,605
 2004           21,636           0             0            0        21,636          34           0        21,602
 2005           20,676           0             0            0        20,676          34           0        20,642
 2006           19,757           0             0            0        19,757          31           0        19,726
 2007           18,881           0             0            0        18,881          30           0        18,851
 2008           18,042           0             0            0        18,042          29           0        18,013
 2009           17,241           0             0            0        17,241          28           0        17,213
 2010           16,475           0             0            0        16,475          26           0        16,449
 2011           15,744           0             0            0        15,744          25           0        15,719
 2012           15,045           0             0            0        15,045          24           0        15,021
 2013           14,377           0             0            0        14,377          23           0        14,354
 2014           13,738           0             0            0        13,738          22           0        13,716
 2015           13,129           0             0            0        13,129          21           0        13,108

 SUB-TOT       275,870           0             0            0       275,870         441           0       275,429
 REMAIN         49,598           0             0            0        49,598          80           0        49,518
 TOTAL         325,468           0             0            0       325,468         521           0       324,947
</TABLE>

<TABLE>
<CAPTION>

                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>          <C>               <C>         <C>         <C>     <C>            <C>           <C>            <C>
 2001         10,572           0           0           0        10,572         14,182        14,182        13,508
 2002         10,572           0           0           0        10,572         13,084        27,266        11,280
 2003         10,572           0           0           0        10,572         12,033        39,299         9,392
 2004         10,572           0           0           0        10,572         11,030        50,329         7,793
 2005         10,572           0           0           0        10,572         10,070        60,399         6,440
 2006         10,572           0           0           0        10,572          9,154        69,553         5,300
 2007         10,572           0           0           0        10,572          8,279        77,832         4,339
 2008         10,572           0           0           0        10,572          7,441        85,273         3,531
 2009         10,572           0           0           0        10,572          6,641        91,914         2,852
 2010         10,572           0           0           0        10,572          5,877        97,791         2,285
 2011         10,572           0           0           0        10,572          5,147       102,938         1,812
 2012         10,572           0           0           0        10,572          4,449       107,387         1,418
 2013         10,572           0           0           0        10,572          3,782       111,169         1,091
 2014         10,572           0           0           0        10,572          3,144       114,313           821
 2015         10,572           0           0           0        10,572          2,536       116,849           600

 SUBTOT      158,580           0           0           0       158,580        116,849                      72,462
 REMAIN       44,931           0           0           0        44,931          4,587       121,436           901
 TOTAL       203,511           0           0           0       203,511        121,436                      73,363
</TABLE>

   LIFE OF EVALUATION IS 19.25 YEARS.
   FINAL PRODUCTION RATE: 40 BBLS/MO


THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                 TENGASCO, INC.                         TABLE 26
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE
<TABLE>
<CAPTION>

 CONVERSE FIELD, BARTON COUNTY, KANSAS                                                 OIL LEASE
   TENGASCO, INC. - OPERATOR   19-T20S-R15W                                            PROVED
     IANNITTI   (ARBUCKLE)                                                             PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>        <C>       <C>         <C>          <C>      <C>          <C>             <C>
 INITIAL -   1.000000  0.875000                         26.46                               5.00% -        47,810
 FINAL   -   1.000000  0.875000                         26.46                              10.00% -        44,399
 REMARKS -                                                                                 15.00% -        41,369
                                                                                           20.00% -        38,669
                                                                                           25.00% -        36,254
</TABLE>

<TABLE>
<CAPTION>

                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>     <C>               <C>         <C>        <C>              <C>         <C>        <C>       <C>
 2001     6         2,855           0           0           2,498           0           0.000      26.46     0.00
 2002     6         2,622           0           0           2,294           0           0.000      26.46     0.00
 2003     6         2,415           0           0           2,114           0           0.000      26.46     0.00
 2004     6         2,233           0           0           1,953           0           0.000      26.46     0.00
 2005     6         2,070           0           0           1,811           0           0.000      26.46     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL         12,195           0           0          10,670           0           0.000      26.46     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL             12,195           0           0          10,670           0           0.000      26.46     0.00

 CUMULATIVE       112,945           0           0
 ULTIMATE         125,140           0           0
</TABLE>

<TABLE>
<CAPTION>

                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>            <C>               <C>           <C>          <C>     <C>             <C>           <C>     <C>
 2001           66,103           0             0            0        66,103         106           0        65,997
 2002           60,694           0             0            0        60,694          97           0        60,597
 2003           55,923           0             0            0        55,923          89           0        55,834
 2004           51,692           0             0            0        51,692          83           0        51,609
 2005           47,924           0             0            0        47,924          77           0        47,847
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT       282,336           0             0            0       282,336         452           0       281,884
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL         282,336           0             0            0       282,336         452           0       281,884
</TABLE>

<TABLE>
<CAPTION>

                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>          <C>               <C>         <C>         <C>     <C>             <C>           <C>           <C>
 2001         46,044           0           0           0        46,044         19,953        19,953        19,037
 2002         46,044           0           0           0        46,044         14,553        34,506        12,575
 2003         46,044           0           0           0        46,044          9,790        44,296         7,664
 2004         46,044           0           0           0        46,044          5,565        49,861         3,952
 2005         46,044           0           0           0        46,044          1,803        51,664         1,171
 2006              0           0           0           0             0              0        51,664             0
 2007              0           0           0           0             0              0        51,664             0
 2008              0           0           0           0             0              0        51,664             0
 2009              0           0           0           0             0              0        51,664             0
 2010              0           0           0           0             0              0        51,664             0
 2011              0           0           0           0             0              0        51,664             0
 2012              0           0           0           0             0              0        51,664             0
 2013              0           0           0           0             0              0        51,664             0
 2014              0           0           0           0             0              0        51,664             0
 2015              0           0           0           0             0              0        51,664             0

 SUBTOT      230,220           0           0           0       230,220         51,664                      44,399
 REMAIN            0           0           0           0             0              0        51,664             0
 TOTAL       230,220           0           0           0       230,220         51,664                      44,399
</TABLE>

   LIFE OF EVALUATION IS 5.00 YEARS.
   FINAL PRODUCTION RATE: 167 BBLS/MO


THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                 TENGASCO, INC.                         TABLE 27
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE
<TABLE>
<CAPTION>

 CONVERSE FIELD, BARTON COUNTY, KANSAS                                                 OIL LEASE
   TENGASCO, INC. - OPERATOR   19-T20S-R15W                                            PROVED
     IANNITTI #9 PUD   (ARBUCKLE)                                                      UNDEVELOPED


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>        <C>       <C>         <C>          <C>      <C>          <C>                  <C>
 INITIAL -   1.000000                                                                       5.00% -             0
 FINAL   -   1.000000                                                                      10.00% -             0
 REMARKS -                                                                                 15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>

<TABLE>
<CAPTION>

                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>    <C>              <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2001                   0           0           0               0           0           0.000       0.00     0.00
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE             0           0           0
 ULTIMATE               0           0           0
</TABLE>

<TABLE>
<CAPTION>

                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2001                0           0             0            0             0           0           0             0
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>

<TABLE>
<CAPTION>

                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2001              0           0           0           0             0              0             0             0
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0
</TABLE>

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0 BBLS/MO


THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                 TENGASCO, INC.                         TABLE 28
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE
<TABLE>
<CAPTION>

 COOPER FIELD, GRAHAM COUNTY, KANSAS                                                   OIL LEASE
   TENGASCO, INC. - OPERATOR   4-T10S-R21W                                             PROVED
     DEYOUNG   (ABCK-TOPK)                                                             PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>        <C>       <C>         <C>          <C>      <C>          <C>            <C>
 INITIAL -   1.000000  0.875000                         26.46                               5.00% -       117,200
 FINAL   -   1.000000  0.875000                         26.46                              10.00% -        98,122
 REMARKS -                                                                                 15.00% -        83,757
                                                                                           20.00% -        72,705
                                                                                           25.00% -        64,027
</TABLE>

<TABLE>
<CAPTION>

                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>      <C>              <C>         <C>        <C>              <C>         <C>        <C>       <C>
 2001     2         2,014           0           0           1,762           0           0.000      26.46     0.00
 2002     2         1,913           0           0           1,674           0           0.000      26.46     0.00
 2003     2         1,817           0           0           1,590           0           0.000      26.46     0.00
 2004     2         1,727           0           0           1,511           0           0.000      26.46     0.00
 2005     2         1,640           0           0           1,435           0           0.000      26.46     0.00
 2006     2         1,559           0           0           1,364           0           0.000      26.46     0.00
 2007     2         1,480           0           0           1,295           0           0.000      26.46     0.00
 2008     2         1,406           0           0           1,231           0           0.000      26.46     0.00
 2009     2         1,336           0           0           1,169           0           0.000      26.46     0.00
 2010     2         1,270           0           0           1,110           0           0.000      26.46     0.00
 2011     2         1,205           0           0           1,055           0           0.000      26.46     0.00
 2012     2         1,146           0           0           1,003           0           0.000      26.46     0.00
 2013     2         1,088           0           0             952           0           0.000      26.46     0.00
 2014     2           523           0           0             458           0           0.000      26.46     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL         20,124           0           0          17,609           0           0.000      26.46     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL             20,124           0           0          17,609           0           0.000      26.46     0.00

 CUMULATIVE        57,338           0           0
 ULTIMATE          77,462           0           0
</TABLE>

<TABLE>
<CAPTION>

                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>            <C>               <C>           <C>          <C>     <C>             <C>           <C>     <C>
 2001           46,625           0             0            0        46,625          75           0        46,550
 2002           44,294           0             0            0        44,294          70           0        44,224
 2003           42,079           0             0            0        42,079          68           0        42,011
 2004           39,976           0             0            0        39,976          64           0        39,912
 2005           37,976           0             0            0        37,976          61           0        37,915
 2006           36,078           0             0            0        36,078          57           0        36,021
 2007           34,274           0             0            0        34,274          55           0        34,219
 2008           32,560           0             0            0        32,560          52           0        32,508
 2009           30,932           0             0            0        30,932          50           0        30,882
 2010           29,385           0             0            0        29,385          47           0        29,338
 2011           27,917           0             0            0        27,917          44           0        27,873
 2012           26,520           0             0            0        26,520          43           0        26,477
 2013           25,195           0             0            0        25,195          40           0        25,155
 2014           12,120           0             0            0        12,120          19           0        12,101
 2015                0           0             0            0             0           0           0             0

 SUB-TOT       465,931           0             0            0       465,931         745           0       465,186
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL         465,931           0             0            0       465,931         745           0       465,186
</TABLE>

<TABLE>
<CAPTION>

                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>          <C>               <C>         <C>         <C>     <C>            <C>           <C>            <C>
 2001         23,856           0           0           0        23,856         22,694        22,694        21,619
 2002         23,856           0           0           0        23,856         20,368        43,062        17,565
 2003         23,856           0           0           0        23,856         18,155        61,217        14,174
 2004         23,856           0           0           0        23,856         16,056        77,273        11,347
 2005         23,856           0           0           0        23,856         14,059        91,332         8,995
 2006         23,856           0           0           0        23,856         12,165       103,497         7,047
 2007         23,856           0           0           0        23,856         10,363       113,860         5,434
 2008         23,856           0           0           0        23,856          8,652       122,512         4,108
 2009         23,856           0           0           0        23,856          7,026       129,538         3,020
 2010         23,856           0           0           0        23,856          5,482       135,020         2,134
 2011         23,856           0           0           0        23,856          4,017       139,037         1,417
 2012         23,856           0           0           0        23,856          2,621       141,658           838
 2013         23,856           0           0           0        23,856          1,299       142,957           377
 2014         11,928           0           0           0        11,928            173       143,130            47
 2015              0           0           0           0             0              0       143,130             0

 SUBTOT      322,056           0           0           0       322,056        143,130                      98,122
 REMAIN            0           0           0           0             0              0       143,130             0
 TOTAL       322,056           0           0           0       322,056        143,130                      98,122
</TABLE>

   LIFE OF EVALUATION IS 13.50 YEARS.
   FINAL PRODUCTION RATE: 86 BBLS/MO


THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                 TENGASCO, INC.                         TABLE 29
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE
<TABLE>
<CAPTION>

 COOPER FIELD, GRAHAM COUNTY, KANSAS                                                   OIL LEASE
   TENGASCO, INC. - OPERATOR   9-T10S-R21W                                             PROVED
     LEWIS -A-   (LANSING)                                                             PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>        <C>       <C>         <C>          <C>      <C>          <C>            <C>
 INITIAL -   1.000000  0.875000                         26.46                               5.00% -       159,383
 FINAL   -   1.000000  0.875000                         26.46                              10.00% -       119,116
 REMARKS -                                                                                 15.00% -        94,084
                                                                                           20.00% -        77,394
                                                                                           25.00% -        65,611
</TABLE>

<TABLE>
<CAPTION>

                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>     <C>               <C>         <C>        <C>              <C>         <C>        <C>       <C>
 2001     2         1,297           0           0           1,135           0           0.000      26.46     0.00
 2002     2         1,245           0           0           1,089           0           0.000      26.46     0.00
 2003     2         1,196           0           0           1,046           0           0.000      26.46     0.00
 2004     2         1,147           0           0           1,005           0           0.000      26.46     0.00
 2005     2         1,102           0           0             963           0           0.000      26.46     0.00
 2006     2         1,057           0           0             926           0           0.000      26.46     0.00
 2007     2         1,016           0           0             888           0           0.000      26.46     0.00
 2008     2           974           0           0             853           0           0.000      26.46     0.00
 2009     2           936           0           0             819           0           0.000      26.46     0.00
 2010     2           898           0           0             786           0           0.000      26.46     0.00
 2011     2           863           0           0             754           0           0.000      26.46     0.00
 2012     2           828           0           0             725           0           0.000      26.46     0.00
 2013     2           794           0           0             695           0           0.000      26.46     0.00
 2014     2           763           0           0             668           0           0.000      26.46     0.00
 2015     2           733           0           0             641           0           0.000      26.46     0.00

 SUB-TOTAL         14,849           0           0          12,993           0           0.000      26.46     0.00
 REMAINDER          6,953           0           0           6,084           0           0.000      26.46     0.00
 TOTAL             21,802           0           0          19,077           0           0.000      26.46     0.00

 CUMULATIVE        79,601           0           0
 ULTIMATE         101,403           0           0
</TABLE>

<TABLE>
<CAPTION>

                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>            <C>               <C>           <C>          <C>     <C>             <C>           <C>     <C>
 2001           30,030           0             0            0        30,030          48           0        29,982
 2002           28,829           0             0            0        28,829          46           0        28,783
 2003           27,676           0             0            0        27,676          44           0        27,632
 2004           26,569           0             0            0        26,569          43           0        26,526
 2005           25,506           0             0            0        25,506          41           0        25,465
 2006           24,486           0             0            0        24,486          39           0        24,447
 2007           23,507           0             0            0        23,507          38           0        23,469
 2008           22,566           0             0            0        22,566          36           0        22,530
 2009           21,663           0             0            0        21,663          34           0        21,629
 2010           20,797           0             0            0        20,797          34           0        20,763
 2011           19,966           0             0            0        19,966          32           0        19,934
 2012           19,166           0             0            0        19,166          30           0        19,136
 2013           18,400           0             0            0        18,400          30           0        18,370
 2014           17,664           0             0            0        17,664          28           0        17,636
 2015           16,957           0             0            0        16,957          27           0        16,930

 SUB-TOT       343,782           0             0            0       343,782         550           0       343,232
 REMAIN        160,988           0             0            0       160,988         258           0       160,730
 TOTAL         504,770           0             0            0       504,770         808           0       503,962
</TABLE>

<TABLE>
<CAPTION>

                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>          <C>               <C>         <C>         <C>     <C>            <C>           <C>           <C>
 2001         10,032           0           0           0        10,032         19,950        19,950        18,998
 2002         10,032           0           0           0        10,032         18,751        38,701        16,165
 2003         10,032           0           0           0        10,032         17,600        56,301        13,734
 2004         10,032           0           0           0        10,032         16,494        72,795        11,651
 2005         10,032           0           0           0        10,032         15,433        88,228         9,868
 2006         10,032           0           0           0        10,032         14,415       102,643         8,344
 2007         10,032           0           0           0        10,032         13,437       116,080         7,041
 2008         10,032           0           0           0        10,032         12,498       128,578         5,928
 2009         10,032           0           0           0        10,032         11,597       140,175         4,979
 2010         10,032           0           0           0        10,032         10,731       150,906         4,171
 2011         10,032           0           0           0        10,032          9,902       160,808         3,484
 2012         10,032           0           0           0        10,032          9,104       169,912         2,900
 2013         10,032           0           0           0        10,032          8,338       178,250         2,404
 2014         10,032           0           0           0        10,032          7,604       185,854         1,984
 2015         10,032           0           0           0        10,032          6,898       192,752         1,630

 SUBTOT      150,480           0           0           0       150,480        192,752                     113,281
 REMAIN      123,728           0           0           0       123,728         37,002       229,754         5,835
 TOTAL       274,208           0           0           0       274,208        229,754                     119,116
</TABLE>

   LIFE OF EVALUATION IS 27.33 YEARS.
   FINAL PRODUCTION RATE: 36 BBLS/MO


THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                 TENGASCO, INC.                         TABLE 30
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE
<TABLE>
<CAPTION>

 DAVIDSON FIELD, RUSSELL COUNTY, KANSAS                                                OIL LEASE
   TENGASCO, INC. - OPERATOR   33-T15S-R11W                                            PROVED
     FOSTER   (ARBUCKLE)                                                               PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>        <C>       <C>         <C>          <C>      <C>          <C>            <C>
 INITIAL -   1.000000  0.847656                         26.46                               5.00% -       139,770
 FINAL   -   1.000000  0.847656                         26.46                              10.00% -       123,669
 REMARKS -                                                                                 15.00% -       110,438
                                                                                           20.00% -        99,455
                                                                                           25.00% -        90,250
</TABLE>

<TABLE>
<CAPTION>

                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>      <C>              <C>         <C>        <C>              <C>         <C>        <C>       <C>
 2001     4         3,121           0           0           2,645           0           0.000      26.46     0.00
 2002     4         2,841           0           0           2,409           0           0.000      26.46     0.00
 2003     4         2,587           0           0           2,192           0           0.000      26.46     0.00
 2004     4         2,355           0           0           1,997           0           0.000      26.46     0.00
 2005     4         2,145           0           0           1,818           0           0.000      26.46     0.00
 2006     4         1,953           0           0           1,655           0           0.000      26.46     0.00
 2007     4         1,778           0           0           1,507           0           0.000      26.46     0.00
 2008     4         1,618           0           0           1,373           0           0.000      26.46     0.00
 2009     4         1,357           0           0           1,149           0           0.000      26.46     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL         19,755           0           0          16,745           0           0.000      26.46     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL             19,755           0           0          16,745           0           0.000      26.46     0.00

 CUMULATIVE       147,699           0           0
 ULTIMATE         167,454           0           0
</TABLE>

<TABLE>
<CAPTION>

                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>            <C>               <C>           <C>          <C>     <C>             <C>           <C>     <C>
 2001           69,991           0             0            0        69,991         112           0        69,879
 2002           63,728           0             0            0        63,728         102           0        63,626
 2003           58,023           0             0            0        58,023          93           0        57,930
 2004           52,831           0             0            0        52,831          84           0        52,747
 2005           48,102           0             0            0        48,102          77           0        48,025
 2006           43,797           0             0            0        43,797          70           0        43,727
 2007           39,877           0             0            0        39,877          64           0        39,813
 2008           36,308           0             0            0        36,308          58           0        36,250
 2009           30,421           0             0            0        30,421          49           0        30,372
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT       443,078           0             0            0       443,078         709           0       442,369
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL         443,078           0             0            0       443,078         709           0       442,369
</TABLE>

<TABLE>
<CAPTION>

                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>          <C>               <C>         <C>         <C>     <C>            <C>           <C>           <C>
 2001         31,716           0           0           0        31,716         38,163        38,163        36,376
 2002         31,716           0           0           0        31,716         31,910        70,073        27,536
 2003         31,716           0           0           0        31,716         26,214        96,287        20,479
 2004         31,716           0           0           0        31,716         21,031       117,318        14,877
 2005         31,716           0           0           0        31,716         16,309       133,627        10,447
 2006         31,716           0           0           0        31,716         12,011       145,638         6,967
 2007         31,716           0           0           0        31,716          8,097       153,735         4,257
 2008         31,716           0           0           0        31,716          4,534       158,269         2,162
 2009         29,073           0           0           0        29,073          1,299       159,568           568
 2010              0           0           0           0             0              0       159,568             0
 2011              0           0           0           0             0              0       159,568             0
 2012              0           0           0           0             0              0       159,568             0
 2013              0           0           0           0             0              0       159,568             0
 2014              0           0           0           0             0              0       159,568             0
 2015              0           0           0           0             0              0       159,568             0

 SUBTOT      282,801           0           0           0       282,801        159,568                     123,669
 REMAIN            0           0           0           0             0              0       159,568             0
 TOTAL       282,801           0           0           0       282,801        159,568                     123,669
</TABLE>

   LIFE OF EVALUATION IS 8.92 YEARS.
   FINAL PRODUCTION RATE: 119 BBLS/MO


THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                 TENGASCO, INC.                         TABLE 31
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE
<TABLE>
<CAPTION>

 DISTRICT 57 FIELD, ELLIS COUNTY, KANSAS                                               OIL LEASE
   TENGASCO, INC. - OPERATOR   28-T12S-R20W                                            PROVED
     FLAX -F-   (KSSC-LNSG)                                                            PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>        <C>       <C>         <C>          <C>      <C>          <C>             <C>
 INITIAL -   1.000000  0.875000                         26.46                               5.00% -        79,451
 FINAL   -   1.000000  0.875000                         26.46                              10.00% -        58,452
 REMARKS -                                                                                 15.00% -        45,670
                                                                                           20.00% -        37,283
                                                                                           25.00% -        31,433
</TABLE>

<TABLE>
<CAPTION>

                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>      <C>              <C>         <C>        <C>              <C>         <C>        <C>       <C>
 2001     1           757           0           0             663           0           0.000      26.46     0.00
 2002     1           737           0           0             644           0           0.000      26.46     0.00
 2003     1           717           0           0             627           0           0.000      26.46     0.00
 2004     1           697           0           0             611           0           0.000      26.46     0.00
 2005     1           679           0           0             593           0           0.000      26.46     0.00
 2006     1           660           0           0             578           0           0.000      26.46     0.00
 2007     1           642           0           0             562           0           0.000      26.46     0.00
 2008     1           625           0           0             547           0           0.000      26.46     0.00
 2009     1           608           0           0             531           0           0.000      26.46     0.00
 2010     1           591           0           0             518           0           0.000      26.46     0.00
 2011     1           575           0           0             503           0           0.000      26.46     0.00
 2012     1           560           0           0             490           0           0.000      26.46     0.00
 2013     1           545           0           0             477           0           0.000      26.46     0.00
 2014     1           530           0           0             463           0           0.000      26.46     0.00
 2015     1           515           0           0             451           0           0.000      26.46     0.00

 SUB-TOTAL          9,438           0           0           8,258           0           0.000      26.46     0.00
 REMAINDER          5,588           0           0           4,890           0           0.000      26.46     0.00
 TOTAL             15,026           0           0          13,148           0           0.000      26.46     0.00

 CUMULATIVE        45,199           0           0
 ULTIMATE          60,225           0           0
</TABLE>

<TABLE>
<CAPTION>

                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>            <C>               <C>           <C>          <C>     <C>             <C>           <C>     <C>
 2001           17,533           0             0            0        17,533          28           0        17,505
 2002           17,058           0             0            0        17,058          27           0        17,031
 2003           16,596           0             0            0        16,596          27           0        16,569
 2004           16,145           0             0            0        16,145          26           0        16,119
 2005           15,709           0             0            0        15,709          25           0        15,684
 2006           15,282           0             0            0        15,282          24           0        15,258
 2007           14,869           0             0            0        14,869          24           0        14,845
 2008           14,466           0             0            0        14,466          23           0        14,443
 2009           14,073           0             0            0        14,073          23           0        14,050
 2010           13,692           0             0            0        13,692          22           0        13,670
 2011           13,321           0             0            0        13,321          21           0        13,300
 2012           12,960           0             0            0        12,960          21           0        12,939
 2013           12,609           0             0            0        12,609          20           0        12,589
 2014           12,267           0             0            0        12,267          20           0        12,247
 2015           11,935           0             0            0        11,935          19           0        11,916

 SUB-TOT       218,515           0             0            0       218,515         350           0       218,165
 REMAIN        129,370           0             0            0       129,370         207           0       129,163
 TOTAL         347,885           0             0            0       347,885         557           0       347,328
</TABLE>

<TABLE>
<CAPTION>

                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>          <C>               <C>         <C>         <C>     <C>            <C>           <C>            <C>
 2001          8,196           0           0           0         8,196          9,309         9,309         8,864
 2002          8,196           0           0           0         8,196          8,835        18,144         7,616
 2003          8,196           0           0           0         8,196          8,373        26,517         6,533
 2004          8,196           0           0           0         8,196          7,923        34,440         5,596
 2005          8,196           0           0           0         8,196          7,488        41,928         4,788
 2006          8,196           0           0           0         8,196          7,062        48,990         4,087
 2007          8,196           0           0           0         8,196          6,649        55,639         3,484
 2008          8,196           0           0           0         8,196          6,247        61,886         2,963
 2009          8,196           0           0           0         8,196          5,854        67,740         2,513
 2010          8,196           0           0           0         8,196          5,474        73,214         2,128
 2011          8,196           0           0           0         8,196          5,104        78,318         1,795
 2012          8,196           0           0           0         8,196          4,743        83,061         1,511
 2013          8,196           0           0           0         8,196          4,393        87,454         1,266
 2014          8,196           0           0           0         8,196          4,051        91,505         1,058
 2015          8,196           0           0           0         8,196          3,720        95,225           878

 SUBTOT      122,940           0           0           0       122,940         95,225                      55,080
 REMAIN      107,231           0           0           0       107,231         21,932       117,157         3,372
 TOTAL       230,171           0           0           0       230,171        117,157                      58,452
</TABLE>

   LIFE OF EVALUATION IS 28.08 YEARS.
   FINAL PRODUCTION RATE: 30 BBLS/MO


THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                 TENGASCO, INC.                         TABLE 32
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE
<TABLE>
<CAPTION>

 DUNES NORTH FIELD, PAWNEE COUNTY, KANSAS                                              OIL LEASE
   TENGASCO, INC. - OPERATOR   14-T22S-R15W                                            PROVED
     BARSTOW   (KSSC-LNSG)                                                             PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>        <C>       <C>         <C>          <C>      <C>          <C>             <C>
 INITIAL -   0.937500  0.769043                         26.46                               5.00% -        19,415
 FINAL   -   0.937500  0.769043                         26.46                              10.00% -        16,007
 REMARKS -                                                                                 15.00% -        13,498
                                                                                           20.00% -        11,605
                                                                                           25.00% -        10,142
</TABLE>

<TABLE>
<CAPTION>

                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>      <C>              <C>         <C>         <C>             <C>         <C>        <C>       <C>
 2001     1           455           0           0             350           0           0.000      26.46     0.00
 2002     1           441           0           0             339           0           0.000      26.46     0.00
 2003     1           426           0           0             328           0           0.000      26.46     0.00
 2004     1           412           0           0             317           0           0.000      26.46     0.00
 2005     1           399           0           0             307           0           0.000      26.46     0.00
 2006     1           386           0           0             296           0           0.000      26.46     0.00
 2007     1           374           0           0             288           0           0.000      26.46     0.00
 2008     1           361           0           0             277           0           0.000      26.46     0.00
 2009     1           350           0           0             269           0           0.000      26.46     0.00
 2010     1           338           0           0             260           0           0.000      26.46     0.00
 2011     1           327           0           0             252           0           0.000      26.46     0.00
 2012     1           317           0           0             243           0           0.000      26.46     0.00
 2013     1           306           0           0             236           0           0.000      26.46     0.00
 2014     1           296           0           0             228           0           0.000      26.46     0.00
 2015     1           169           0           0             129           0           0.000      26.46     0.00

 SUB-TOTAL          5,357           0           0           4,119           0           0.000      26.46     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL              5,357           0           0           4,119           0           0.000      26.46     0.00

 CUMULATIVE        74,209           0           0
 ULTIMATE          79,566           0           0
</TABLE>

<TABLE>
<CAPTION>

                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>            <C>               <C>           <C>          <C>     <C>             <C>           <C>     <C>
 2001            9,265           0             0            0         9,265          15           0         9,250
 2002            8,964           0             0            0         8,964          14           0         8,950
 2003            8,673           0             0            0         8,673          14           0         8,659
 2004            8,390           0             0            0         8,390          13           0         8,377
 2005            8,118           0             0            0         8,118          13           0         8,105
 2006            7,855           0             0            0         7,855          13           0         7,842
 2007            7,599           0             0            0         7,599          12           0         7,587
 2008            7,352           0             0            0         7,352          12           0         7,340
 2009            7,113           0             0            0         7,113          11           0         7,102
 2010            6,882           0             0            0         6,882          11           0         6,871
 2011            6,658           0             0            0         6,658          11           0         6,647
 2012            6,442           0             0            0         6,442          10           0         6,432
 2013            6,232           0             0            0         6,232          10           0         6,222
 2014            6,030           0             0            0         6,030          10           0         6,020
 2015            3,427           0             0            0         3,427           5           0         3,422

 SUB-TOT       109,000           0             0            0       109,000         174           0       108,826
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL         109,000           0             0            0       109,000         174           0       108,826
</TABLE>

<TABLE>
<CAPTION>

                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>           <C>              <C>         <C>         <C>      <C>            <C>           <C>           <C>
 2001          5,805           0           0           0         5,805          3,445         3,445         3,281
 2002          5,805           0           0           0         5,805          3,145         6,590         2,712
 2003          5,805           0           0           0         5,805          2,854         9,444         2,228
 2004          5,805           0           0           0         5,805          2,572        12,016         1,817
 2005          5,805           0           0           0         5,805          2,300        14,316         1,472
 2006          5,805           0           0           0         5,805          2,037        16,353         1,179
 2007          5,805           0           0           0         5,805          1,782        18,135           935
 2008          5,805           0           0           0         5,805          1,535        19,670           728
 2009          5,805           0           0           0         5,805          1,297        20,967           557
 2010          5,805           0           0           0         5,805          1,066        22,033           415
 2011          5,805           0           0           0         5,805            842        22,875           297
 2012          5,805           0           0           0         5,805            627        23,502           200
 2013          5,805           0           0           0         5,805            417        23,919           121
 2014          5,805           0           0           0         5,805            215        24,134            56
 2015          3,386           0           0           0         3,386             36        24,170             9

 SUBTOT       84,656           0           0           0        84,656         24,170                      16,007
 REMAIN            0           0           0           0             0              0        24,170             0
 TOTAL        84,656           0           0           0        84,656         24,170                      16,007
</TABLE>

   LIFE OF EVALUATION IS 14.58 YEARS.
   FINAL PRODUCTION RATE: 24 BBLS/MO


THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                 TENGASCO, INC.                         TABLE 33
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE
<TABLE>
<CAPTION>

 DUNES NORTH FIELD, PAWNEE COUNTY, KANSAS                                              OIL LEASE
   TENGASCO, INC. - OPERATOR   15-T22S-R15W                                            PROVED
     LOVETT   (LANSING)                                                                PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>        <C>       <C>         <C>          <C>      <C>          <C>             <C>
 INITIAL -   0.937000  0.768633                         26.46                               5.00% -        47,739
 FINAL   -   0.937000  0.768633                         26.46                              10.00% -        38,575
 REMARKS -                                                                                 15.00% -        32,048
                                                                                           20.00% -        27,248
                                                                                           25.00% -        23,618
</TABLE>

<TABLE>
<CAPTION>

                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>     <C>               <C>         <C>        <C>              <C>         <C>        <C>       <C>
 2001     1           986           0           0             758           0           0.000      26.46     0.00
 2002     1           956           0           0             735           0           0.000      26.46     0.00
 2003     1           928           0           0             713           0           0.000      26.46     0.00
 2004     1           900           0           0             692           0           0.000      26.46     0.00
 2005     1           873           0           0             671           0           0.000      26.46     0.00
 2006     1           847           0           0             651           0           0.000      26.46     0.00
 2007     1           821           0           0             631           0           0.000      26.46     0.00
 2008     1           797           0           0             612           0           0.000      26.46     0.00
 2009     1           773           0           0             594           0           0.000      26.46     0.00
 2010     1           749           0           0             576           0           0.000      26.46     0.00
 2011     1           727           0           0             559           0           0.000      26.46     0.00
 2012     1           706           0           0             542           0           0.000      26.46     0.00
 2013     1           684           0           0             526           0           0.000      26.46     0.00
 2014     1           663           0           0             510           0           0.000      26.46     0.00
 2015     1           644           0           0             495           0           0.000      26.46     0.00

 SUB-TOTAL         12,054           0           0           9,265           0           0.000      26.46     0.00
 REMAINDER            980           0           0             753           0           0.000      26.46     0.00
 TOTAL             13,034           0           0          10,018           0           0.000      26.46     0.00

 CUMULATIVE       106,287           0           0
 ULTIMATE         119,321           0           0
</TABLE>

<TABLE>
<CAPTION>

                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>            <C>               <C>           <C>          <C>     <C>             <C>           <C>     <C>
 2001           20,054           0             0            0        20,054          32           0        20,022
 2002           19,452           0             0            0        19,452          31           0        19,421
 2003           18,868           0             0            0        18,868          30           0        18,838
 2004           18,303           0             0            0        18,303          30           0        18,273
 2005           17,753           0             0            0        17,753          28           0        17,725
 2006           17,221           0             0            0        17,221          28           0        17,193
 2007           16,704           0             0            0        16,704          26           0        16,678
 2008           16,203           0             0            0        16,203          26           0        16,177
 2009           15,717           0             0            0        15,717          25           0        15,692
 2010           15,245           0             0            0        15,245          25           0        15,220
 2011           14,789           0             0            0        14,789          23           0        14,766
 2012           14,344           0             0            0        14,344          23           0        14,321
 2013           13,914           0             0            0        13,914          23           0        13,891
 2014           13,497           0             0            0        13,497          21           0        13,476
 2015           13,092           0             0            0        13,092          21           0        13,071

 SUB-TOT       245,156           0             0            0       245,156         392           0       244,764
 REMAIN         19,930           0             0            0        19,930          32           0        19,898
 TOTAL         265,086           0             0            0       265,086         424           0       264,662
</TABLE>

<TABLE>
<CAPTION>

                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>          <C>               <C>         <C>         <C>     <C>             <C>           <C>           <C>
 2001         12,278           0           0           0        12,278          7,744         7,744         7,376
 2002         12,279           0           0           0        12,279          7,142        14,886         6,157
 2003         12,278           0           0           0        12,278          6,560        21,446         5,120
 2004         12,279           0           0           0        12,279          5,994        27,440         4,235
 2005         12,278           0           0           0        12,278          5,447        32,887         3,484
 2006         12,279           0           0           0        12,279          4,914        37,801         2,846
 2007         12,278           0           0           0        12,278          4,400        42,201         2,306
 2008         12,279           0           0           0        12,279          3,898        46,099         1,850
 2009         12,278           0           0           0        12,278          3,414        49,513         1,466
 2010         12,278           0           0           0        12,278          2,942        52,455         1,144
 2011         12,279           0           0           0        12,279          2,487        54,942           876
 2012         12,278           0           0           0        12,278          2,043        56,985           651
 2013         12,279           0           0           0        12,279          1,612        58,597           466
 2014         12,278           0           0           0        12,278          1,198        59,795           313
 2015         12,279           0           0           0        12,279            792        60,587           188

 SUBTOT      184,177           0           0           0       184,177         60,587                      38,478
 REMAIN       19,441           0           0           0        19,441            457        61,044            97
 TOTAL       203,618           0           0           0       203,618         61,044                      38,575
</TABLE>

   LIFE OF EVALUATION IS 16.58 YEARS.
   FINAL PRODUCTION RATE: 50 BBLS/MO


THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                 TENGASCO, INC.                         TABLE 34
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE
<TABLE>
<CAPTION>

 ELLIS NW FIELD, TREGO COUNTY, KANSAS                                                  OIL LEASE
   TENGASCO, INC. - OPERATOR   23-T12S-R21W                                            PROVED
     BAUGHER #1   (ARBUCKLE)                                                           PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>        <C>       <C>         <C>          <C>      <C>          <C>             <C>
 INITIAL -   1.000000  0.765630                         26.46                               5.00% -        44,289
 FINAL   -   1.000000  0.765630                         26.46                              10.00% -        37,873
 REMARKS -                                                                                 15.00% -        32,869
                                                                                           20.00% -        28,903
                                                                                           25.00% -        25,711
</TABLE>

<TABLE>
<CAPTION>

                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>      <C>              <C>         <C>         <C>             <C>         <C>        <C>       <C>
 2001     1         1,142           0           0             875           0           0.000      26.46     0.00
 2002     1         1,088           0           0             833           0           0.000      26.46     0.00
 2003     1         1,037           0           0             793           0           0.000      26.46     0.00
 2004     1           987           0           0             756           0           0.000      26.46     0.00
 2005     1           940           0           0             720           0           0.000      26.46     0.00
 2006     1           895           0           0             685           0           0.000      26.46     0.00
 2007     1           853           0           0             653           0           0.000      26.46     0.00
 2008     1           813           0           0             622           0           0.000      26.46     0.00
 2009     1           774           0           0             593           0           0.000      26.46     0.00
 2010     1           737           0           0             564           0           0.000      26.46     0.00
 2011     1           702           0           0             538           0           0.000      26.46     0.00
 2012     1           338           0           0             259           0           0.000      26.46     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL         10,306           0           0           7,891           0           0.000      26.46     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL             10,306           0           0           7,891           0           0.000      26.46     0.00

 CUMULATIVE        74,666           0           0
 ULTIMATE          84,972           0           0
</TABLE>

<TABLE>
<CAPTION>

                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>            <C>               <C>           <C>          <C>     <C>             <C>           <C>     <C>
 2001           23,140           0             0            0        23,140          37           0        23,103
 2002           22,041           0             0            0        22,041          35           0        22,006
 2003           20,994           0             0            0        20,994          34           0        20,960
 2004           19,996           0             0            0        19,996          32           0        19,964
 2005           19,047           0             0            0        19,047          30           0        19,017
 2006           18,142           0             0            0        18,142          29           0        18,113
 2007           17,281           0             0            0        17,281          28           0        17,253
 2008           16,459           0             0            0        16,459          26           0        16,433
 2009           15,678           0             0            0        15,678          25           0        15,653
 2010           14,933           0             0            0        14,933          24           0        14,909
 2011           14,224           0             0            0        14,224          23           0        14,201
 2012            6,856           0             0            0         6,856          11           0         6,845
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT       208,791           0             0            0       208,791         334           0       208,457
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL         208,791           0             0            0       208,791         334           0       208,457
</TABLE>

<TABLE>
<CAPTION>

                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>          <C>               <C>         <C>         <C>     <C>             <C>           <C>           <C>
 2001         13,548           0           0           0        13,548          9,555         9,555         9,103
 2002         13,548           0           0           0        13,548          8,458        18,013         7,295
 2003         13,548           0           0           0        13,548          7,412        25,425         5,788
 2004         13,548           0           0           0        13,548          6,416        31,841         4,535
 2005         13,548           0           0           0        13,548          5,469        37,310         3,500
 2006         13,548           0           0           0        13,548          4,565        41,875         2,645
 2007         13,548           0           0           0        13,548          3,705        45,580         1,944
 2008         13,548           0           0           0        13,548          2,885        48,465         1,371
 2009         13,548           0           0           0        13,548          2,105        50,570           906
 2010         13,548           0           0           0        13,548          1,361        51,931           531
 2011         13,548           0           0           0        13,548            653        52,584           231
 2012          6,774           0           0           0         6,774             71        52,655            24
 2013              0           0           0           0             0              0        52,655             0
 2014              0           0           0           0             0              0        52,655             0
 2015              0           0           0           0             0              0        52,655             0

 SUBTOT      155,802           0           0           0       155,802         52,655                      37,873
 REMAIN            0           0           0           0             0              0        52,655             0
 TOTAL       155,802           0           0           0       155,802         52,655                      37,873
</TABLE>

   LIFE OF EVALUATION IS 11.50 YEARS.
   FINAL PRODUCTION RATE: 56 BBLS/MO


THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                 TENGASCO, INC.                         TABLE 35
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE
<TABLE>
<CAPTION>

 FICKEN FIELD, RUSH COUNTY, KANSAS                                                     OIL LEASE
   TENGASCO, INC. - OPERATOR   23-T17S-R18W                                            PROVED
     SCHWINDT FARMS   (LANSING)                                                        PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>        <C>       <C>         <C>          <C>      <C>          <C>                  <C>
 INITIAL -   1.000000                                                                       5.00% -             0
 FINAL   -   1.000000                                                                      10.00% -             0
 REMARKS -                                                                                 15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>

<TABLE>
<CAPTION>

                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>    <C>         <C>              <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2001                   0           0           0               0           0           0.000       0.00     0.00
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE        19,117           0           0
 ULTIMATE          19,117           0           0
</TABLE>

<TABLE>
<CAPTION>

                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2001                0           0             0            0             0           0           0             0
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>

<TABLE>
<CAPTION>

                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2001              0           0           0           0             0              0             0             0
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0
</TABLE>

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0 BBLS/MO


THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                 TENGASCO, INC.                         TABLE 36
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE
<TABLE>
<CAPTION>

 GATES NORTH FIELD, STAFFORD COUNTY, KANSAS                                            OIL LEASE
   TENGASCO, INC. - OPERATOR   22-T21S-R13W                                            PROVED
     HOFFMAN   (ARBUCKLE)                                                              PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>        <C>       <C>         <C>          <C>      <C>          <C>             <C>
 INITIAL -   0.687500  0.556915                         26.46                               5.00% -        93,958
 FINAL   -   0.687500  0.556915                         26.46                              10.00% -        68,661
 REMARKS -                                                                                 15.00% -        53,549
                                                                                           20.00% -        43,721
                                                                                           25.00% -        36,892
</TABLE>

<TABLE>
<CAPTION>

                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>      <C>              <C>         <C>        <C>              <C>         <C>        <C>       <C>
 2001     1         1,048           0           0             584           0           0.000      26.46     0.00
 2002     1         1,006           0           0             560           0           0.000      26.46     0.00
 2003     1           966           0           0             538           0           0.000      26.46     0.00
 2004     1           928           0           0             517           0           0.000      26.46     0.00
 2005     1           890           0           0             495           0           0.000      26.46     0.00
 2006     1           855           0           0             476           0           0.000      26.46     0.00
 2007     1           820           0           0             457           0           0.000      26.46     0.00
 2008     1           788           0           0             439           0           0.000      26.46     0.00
 2009     1           756           0           0             421           0           0.000      26.46     0.00
 2010     1           726           0           0             404           0           0.000      26.46     0.00
 2011     1           697           0           0             388           0           0.000      26.46     0.00
 2012     1           668           0           0             373           0           0.000      26.46     0.00
 2013     1           643           0           0             357           0           0.000      26.46     0.00
 2014     1           616           0           0             344           0           0.000      26.46     0.00
 2015     1           592           0           0             329           0           0.000      26.46     0.00

 SUB-TOTAL         11,999           0           0           6,682           0           0.000      26.46     0.00
 REMAINDER          6,913           0           0           3,850           0           0.000      26.46     0.00
 TOTAL             18,912           0           0          10,532           0           0.000      26.46     0.00

 CUMULATIVE        54,446           0           0
 ULTIMATE          73,358           0           0
</TABLE>

<TABLE>
<CAPTION>

                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>            <C>               <C>           <C>          <C>     <C>             <C>           <C>     <C>
 2001           15,446           0             0            0        15,446          25           0        15,421
 2002           14,827           0             0            0        14,827          23           0        14,804
 2003           14,235           0             0            0        14,235          23           0        14,212
 2004           13,665           0             0            0        13,665          22           0        13,643
 2005           13,119           0             0            0        13,119          21           0        13,098
 2006           12,594           0             0            0        12,594          20           0        12,574
 2007           12,090           0             0            0        12,090          20           0        12,070
 2008           11,606           0             0            0        11,606          18           0        11,588
 2009           11,143           0             0            0        11,143          18           0        11,125
 2010           10,696           0             0            0        10,696          17           0        10,679
 2011           10,269           0             0            0        10,269          17           0        10,252
 2012            9,858           0             0            0         9,858          15           0         9,843
 2013            9,463           0             0            0         9,463          15           0         9,448
 2014            9,085           0             0            0         9,085          15           0         9,070
 2015            8,722           0             0            0         8,722          14           0         8,708

 SUB-TOT       176,818           0             0            0       176,818         283           0       176,535
 REMAIN        101,862           0             0            0       101,862         163           0       101,699
 TOTAL         278,680           0             0            0       278,680         446           0       278,234
</TABLE>

<TABLE>
<CAPTION>

                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>          <C>               <C>         <C>         <C>     <C>            <C>           <C>            <C>
 2001          4,381           0           0           0         4,381         11,040        11,040        10,513
 2002          4,381           0           0           0         4,381         10,423        21,463         8,985
 2003          4,380           0           0           0         4,380          9,832        31,295         7,672
 2004          4,381           0           0           0         4,381          9,262        40,557         6,542
 2005          4,381           0           0           0         4,381          8,717        49,274         5,574
 2006          4,381           0           0           0         4,381          8,193        57,467         4,742
 2007          4,380           0           0           0         4,380          7,690        65,157         4,029
 2008          4,381           0           0           0         4,381          7,207        72,364         3,418
 2009          4,381           0           0           0         4,381          6,744        79,108         2,895
 2010          4,381           0           0           0         4,381          6,298        85,406         2,448
 2011          4,380           0           0           0         4,380          5,872        91,278         2,066
 2012          4,381           0           0           0         4,381          5,462        96,740         1,740
 2013          4,381           0           0           0         4,381          5,067       101,807         1,460
 2014          4,381           0           0           0         4,381          4,689       106,496         1,224
 2015          4,380           0           0           0         4,380          4,328       110,824         1,022

 SUBTOT       65,711           0           0           0        65,711        110,824                      64,330
 REMAIN       71,552           0           0           0        71,552         30,147       140,971         4,331
 TOTAL       137,263           0           0           0       137,263        140,971                      68,661
</TABLE>

   LIFE OF EVALUATION IS 31.33 YEARS.
   FINAL PRODUCTION RATE: 25 BBLS/MO


THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                 TENGASCO, INC.                         TABLE 37
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE
<TABLE>
<CAPTION>

 GATES NORTH FIELD, STAFFORD COUNTY, KANSAS                                            OIL LEASE
   TENGASCO, INC. - OPERATOR   22-T21S-R13W                                            PROVED
     SCHULZ   (ARBUCKLE)                                                               PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>        <C>       <C>         <C>          <C>      <C>          <C>            <C>
 INITIAL -   0.687500  0.554449                         26.46                               5.00% -       190,066
 FINAL   -   0.687500  0.554449                         26.46                              10.00% -       137,073
 REMARKS -                                                                                 15.00% -       106,156
                                                                                           20.00% -        86,330
                                                                                           25.00% -        72,667
</TABLE>

<TABLE>
<CAPTION>

                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>     <C>               <C>         <C>        <C>              <C>         <C>        <C>       <C>
 2001     2         1,975           0           0           1,095           0           0.000      26.46     0.00
 2002     2         1,896           0           0           1,051           0           0.000      26.46     0.00
 2003     2         1,820           0           0           1,009           0           0.000      26.46     0.00
 2004     2         1,747           0           0             969           0           0.000      26.46     0.00
 2005     2         1,677           0           0             930           0           0.000      26.46     0.00
 2006     2         1,610           0           0             893           0           0.000      26.46     0.00
 2007     2         1,546           0           0             857           0           0.000      26.46     0.00
 2008     2         1,484           0           0             823           0           0.000      26.46     0.00
 2009     2         1,425           0           0             789           0           0.000      26.46     0.00
 2010     2         1,367           0           0             759           0           0.000      26.46     0.00
 2011     2         1,313           0           0             728           0           0.000      26.46     0.00
 2012     2         1,261           0           0             698           0           0.000      26.46     0.00
 2013     2         1,210           0           0             671           0           0.000      26.46     0.00
 2014     2         1,161           0           0             644           0           0.000      26.46     0.00
 2015     2         1,115           0           0             619           0           0.000      26.46     0.00

 SUB-TOTAL         22,607           0           0          12,535           0           0.000      26.46     0.00
 REMAINDER         14,441           0           0           8,006           0           0.000      26.46     0.00
 TOTAL             37,048           0           0          20,541           0           0.000      26.46     0.00

 CUMULATIVE       261,244           0           0
 ULTIMATE         298,292           0           0
</TABLE>

<TABLE>
<CAPTION>

                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>            <C>               <C>           <C>          <C>     <C>             <C>           <C>     <C>
 2001           28,972           0             0            0        28,972          46           0        28,926
 2002           27,813           0             0            0        27,813          45           0        27,768
 2003           26,701           0             0            0        26,701          43           0        26,658
 2004           25,632           0             0            0        25,632          41           0        25,591
 2005           24,608           0             0            0        24,608          39           0        24,569
 2006           23,623           0             0            0        23,623          38           0        23,585
 2007           22,678           0             0            0        22,678          36           0        22,642
 2008           21,771           0             0            0        21,771          35           0        21,736
 2009           20,900           0             0            0        20,900          33           0        20,867
 2010           20,064           0             0            0        20,064          32           0        20,032
 2011           19,261           0             0            0        19,261          31           0        19,230
 2012           18,491           0             0            0        18,491          30           0        18,461
 2013           17,752           0             0            0        17,752          28           0        17,724
 2014           17,041           0             0            0        17,041          27           0        17,014
 2015           16,360           0             0            0        16,360          27           0        16,333

 SUB-TOT       331,667           0             0            0       331,667         531           0       331,136
 REMAIN        211,857           0             0            0       211,857         339           0       211,518
 TOTAL         543,524           0             0            0       543,524         870           0       542,654
</TABLE>

<TABLE>
<CAPTION>

                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>          <C>               <C>         <C>         <C>     <C>            <C>           <C>           <C>
 2001          7,359           0           0           0         7,359         21,567        21,567        20,537
 2002          7,359           0           0           0         7,359         20,409        41,976        17,592
 2003          7,359           0           0           0         7,359         19,299        61,275        15,059
 2004          7,359           0           0           0         7,359         18,232        79,507        12,878
 2005          7,359           0           0           0         7,359         17,210        96,717        11,004
 2006          7,359           0           0           0         7,359         16,226       112,943         9,391
 2007          7,359           0           0           0         7,359         15,283       128,226         8,008
 2008          7,359           0           0           0         7,359         14,377       142,603         6,818
 2009          7,359           0           0           0         7,359         13,508       156,111         5,799
 2010          7,359           0           0           0         7,359         12,673       168,784         4,925
 2011          7,359           0           0           0         7,359         11,871       180,655         4,177
 2012          7,359           0           0           0         7,359         11,102       191,757         3,535
 2013          7,359           0           0           0         7,359         10,365       202,122         2,988
 2014          7,359           0           0           0         7,359          9,655       211,777         2,520
 2015          7,359           0           0           0         7,359          8,974       220,751         2,120

 SUBTOT      110,385           0           0           0       110,385        220,751                     127,351
 REMAIN      139,821           0           0           0       139,821         71,697       292,448         9,722
 TOTAL       250,206           0           0           0       250,206        292,448                     137,073
</TABLE>

   LIFE OF EVALUATION IS 34.00 YEARS.
   FINAL PRODUCTION RATE: 42 BBLS/MO


THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                 TENGASCO, INC.                         TABLE 38
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE
<TABLE>
<CAPTION>

 GIESICK FIELD, RUSH COUNTY, KANSAS                                                    GAS LEASE
   TENGASCO, INC. - OPERATOR   19-T17S-R17W                                            PROVED
     GIESICK #2   (TOPEKA)                                                             PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>        <C>      <C>          <C>          <C>        <C>        <C>             <C>
 INITIAL -   1.000000                      0.875000                             5.30        5.00% -        42,829
 FINAL   -   1.000000                      0.875000                             5.30       10.00% -        35,938
 REMARKS -                                                                                 15.00% -        30,738
                                                                                           20.00% -        26,729
                                                                                           25.00% -        23,574
</TABLE>

<TABLE>
<CAPTION>

                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF (A)   $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>       <C>               <C>         <C>        <C>          <C>      <C>
 2001     1             0           0           4               0           0           2.889       0.00     5.30
 2002     1             0           0           5               0           0           2.716       0.00     5.30
 2003     1             0           0           4               0           0           2.553       0.00     5.30
 2004     1             0           0           3               0           0           2.400       0.00     5.30
 2005     1             0           0           4               0           0           2.256       0.00     5.30
 2006     1             0           0           3               0           0           2.120       0.00     5.30
 2007     1             0           0           3               0           0           1.993       0.00     5.30
 2008     1             0           0           3               0           0           1.874       0.00     5.30
 2009     1             0           0           3               0           0           1.761       0.00     5.30
 2010     1             0           0           2               0           0           1.655       0.00     5.30
 2011     1             0           0           3               0           0           1.556       0.00     5.30
 2012     1             0           0           2               0           0           1.463       0.00     5.30
 2013     1             0           0           2               0           0           1.375       0.00     5.30
 2014     1             0           0           1               0           0           0.764       0.00     5.30
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0          42               0           0          27.375       0.00     5.30
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0          42               0           0          27.375       0.00     5.30

 CUMULATIVE             0           0         428    (A) NET GAS VOLUMES ACCOUNT FOR SURFACE LOSSES,
 ULTIMATE               0           0         470        SHRINKAGE FACTOR =  25.60 %
</TABLE>

<TABLE>
<CAPTION>

                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>     <C>                <C>     <C>               <C>       <C>       <C>
 2001                0           0        15,308            0        15,308           0          47        15,261
 2002                0           0        14,390            0        14,390           0          45        14,345
 2003                0           0        13,527            0        13,527           0          42        13,485
 2004                0           0        12,714            0        12,714           0          39        12,675
 2005                0           0        11,952            0        11,952           0          37        11,915
 2006                0           0        11,235            0        11,235           0          35        11,200
 2007                0           0        10,561            0        10,561           0          33        10,528
 2008                0           0         9,927            0         9,927           0          31         9,896
 2009                0           0         9,332            0         9,332           0          29         9,303
 2010                0           0         8,771            0         8,771           0          27         8,744
 2011                0           0         8,245            0         8,245           0          25         8,220
 2012                0           0         7,751            0         7,751           0          25         7,726
 2013                0           0         7,285            0         7,285           0          22         7,263
 2014                0           0         4,047            0         4,047           0          13         4,034
 2015                0           0             0            0             0           0           0             0

 SUB-TOT             0           0       145,045            0       145,045           0         450       144,595
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0       145,045            0       145,045           0         450       144,595
</TABLE>

<TABLE>
<CAPTION>

                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>           <C>              <C>         <C>         <C>      <C>            <C>           <C>           <C>
 2001          6,804           0           0           0         6,804          8,457         8,457         8,057
 2002          6,804           0           0           0         6,804          7,541        15,998         6,504
 2003          6,804           0           0           0         6,804          6,681        22,679         5,216
 2004          6,804           0           0           0         6,804          5,871        28,550         4,149
 2005          6,804           0           0           0         6,804          5,111        33,661         3,270
 2006          6,804           0           0           0         6,804          4,396        38,057         2,547
 2007          6,804           0           0           0         6,804          3,724        41,781         1,953
 2008          6,804           0           0           0         6,804          3,092        44,873         1,468
 2009          6,804           0           0           0         6,804          2,499        47,372         1,074
 2010          6,804           0           0           0         6,804          1,940        49,312           755
 2011          6,804           0           0           0         6,804          1,416        50,728           500
 2012          6,804           0           0           0         6,804            922        51,650           294
 2013          6,804           0           0           0         6,804            459        52,109           134
 2014          3,969           0           0           0         3,969             65        52,174            17
 2015              0           0           0           0             0              0        52,174             0

 SUBTOT       92,421           0           0           0        92,421         52,174                      35,938
 REMAIN            0           0           0           0             0              0        52,174             0
 TOTAL        92,421           0           0           0        92,421         52,174                      35,938
</TABLE>

   LIFE OF EVALUATION IS 13.58 YEARS.
   FINAL PRODUCTION RATE: 0.2 MMCF/MO


THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                 TENGASCO, INC.                         TABLE 39
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE
<TABLE>
<CAPTION>

 GOTTSCHALK FIELD, ELLIS COUNTY, KANSAS                                                GAS LEASE
   TENGASCO, INC. - OPERATOR   36-T15S-R18W                                            PROVED
     WERTH #1   (OREAD & TOPEKA)                                                       PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>        <C>      <C>          <C>          <C>        <C>        <C>             <C>
 INITIAL -   1.000000                      0.875000                             5.30        5.00% -        14,280
 FINAL   -   1.000000                      0.875000                             5.30       10.00% -        12,853
 REMARKS -                                                                                 15.00% -        11,645
                                                                                           20.00% -        10,615
                                                                                           25.00% -         9,732
</TABLE>

<TABLE>
<CAPTION>

                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF (A)   $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>       <C>               <C>         <C>        <C>          <C>      <C>
 2001     1             0           0           4               0           0           2.424       0.00     5.30
 2002     1             0           0           3               0           0           2.279       0.00     5.30
 2003     1             0           0           4               0           0           2.142       0.00     5.30
 2004     1             0           0           3               0           0           2.013       0.00     5.30
 2005     1             0           0           3               0           0           1.893       0.00     5.30
 2006     1             0           0           2               0           0           1.779       0.00     5.30
 2007     1             0           0           3               0           0           1.672       0.00     5.30
 2008     1             0           0           0               0           0           0.402       0.00     5.30
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0          22               0           0          14.604       0.00     5.30
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0          22               0           0          14.604       0.00     5.30

 CUMULATIVE             0           0         179    (A) NET GAS VOLUMES ACCOUNT FOR SURFACE LOSSES,
 ULTIMATE               0           0         201        SHRINKAGE FACTOR =  25.60 %
</TABLE>

<TABLE>
<CAPTION>

                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>      <C>               <C>      <C>              <C>       <C>        <C>
 2001                0           0        12,844            0        12,844           0          40        12,804
 2002                0           0        12,073            0        12,073           0          37        12,036
 2003                0           0        11,349            0        11,349           0          35        11,314
 2004                0           0        10,668            0        10,668           0          33        10,635
 2005                0           0        10,028            0        10,028           0          32         9,996
 2006                0           0         9,426            0         9,426           0          29         9,397
 2007                0           0         8,861            0         8,861           0          27         8,834
 2008                0           0         2,130            0         2,130           0           7         2,123
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT             0           0        77,379            0        77,379           0         240        77,139
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0        77,379            0        77,379           0         240        77,139
</TABLE>

<TABLE>
<CAPTION>

                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>           <C>              <C>         <C>         <C>      <C>            <C>           <C>           <C>
 2001          8,436           0           0           0         8,436          4,368         4,368         4,164
 2002          8,436           0           0           0         8,436          3,600         7,968         3,107
 2003          8,436           0           0           0         8,436          2,878        10,846         2,249
 2004          8,436           0           0           0         8,436          2,199        13,045         1,556
 2005          8,436           0           0           0         8,436          1,560        14,605         1,000
 2006          8,436           0           0           0         8,436            961        15,566           559
 2007          8,436           0           0           0         8,436            398        15,964           211
 2008          2,109           0           0           0         2,109             14        15,978             7
 2009              0           0           0           0             0              0        15,978             0
 2010              0           0           0           0             0              0        15,978             0
 2011              0           0           0           0             0              0        15,978             0
 2012              0           0           0           0             0              0        15,978             0
 2013              0           0           0           0             0              0        15,978             0
 2014              0           0           0           0             0              0        15,978             0
 2015              0           0           0           0             0              0        15,978             0

 SUBTOT       61,161           0           0           0        61,161         15,978                      12,853
 REMAIN            0           0           0           0             0              0        15,978             0
 TOTAL        61,161           0           0           0        61,161         15,978                      12,853
</TABLE>

   LIFE OF EVALUATION IS 7.25 YEARS.
   FINAL PRODUCTION RATE: 0.2 MMCF/MO


THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                 TENGASCO, INC.                         TABLE 40
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE
<TABLE>
<CAPTION>

 HERMAN FIELD, BARTON COUNTY, KANSAS                                                   OIL LEASE
   TENGASCO, INC. - OPERATOR   18-T16S-R14W                                            PROVED
     KARST   (LANSING)                                                                 PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>        <C>      <C>          <C>          <C>        <C>        <C>             <C>
 INITIAL -   0.812500  0.702051                         26.46                               5.00% -        84,177
 FINAL   -   0.812500  0.702051                         26.46                              10.00% -        64,399
 REMARKS -                                                                                 15.00% -        51,592
                                                                                           20.00% -        42,814
                                                                                           25.00% -        36,503
</TABLE>

<TABLE>
<CAPTION>

                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>      <C>              <C>         <C>        <C>              <C>         <C>        <C>       <C>
 2001     2           996           0           0             699           0           0.000      26.46     0.00
 2002     2           957           0           0             672           0           0.000      26.46     0.00
 2003     2           918           0           0             644           0           0.000      26.46     0.00
 2004     2           881           0           0             619           0           0.000      26.46     0.00
 2005     2           846           0           0             594           0           0.000      26.46     0.00
 2006     2           813           0           0             570           0           0.000      26.46     0.00
 2007     2           779           0           0             548           0           0.000      26.46     0.00
 2008     2           749           0           0             526           0           0.000      26.46     0.00
 2009     2           719           0           0             504           0           0.000      26.46     0.00
 2010     2           690           0           0             484           0           0.000      26.46     0.00
 2011     2           662           0           0             465           0           0.000      26.46     0.00
 2012     2           636           0           0             447           0           0.000      26.46     0.00
 2013     2           610           0           0             428           0           0.000      26.46     0.00
 2014     2           586           0           0             412           0           0.000      26.46     0.00
 2015     2           563           0           0             395           0           0.000      26.46     0.00

 SUB-TOTAL         11,405           0           0           8,007           0           0.000      26.46     0.00
 REMAINDER          4,055           0           0           2,847           0           0.000      26.46     0.00
 TOTAL             15,460           0           0          10,854           0           0.000      26.46     0.00

 CUMULATIVE        30,520           0           0
 ULTIMATE          45,980           0           0
</TABLE>

<TABLE>
<CAPTION>

                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>            <C>               <C>           <C>          <C>     <C>             <C>           <C>     <C>
 2001           18,506           0             0            0        18,506          30           0        18,476
 2002           17,766           0             0            0        17,766          28           0        17,738
 2003           17,055           0             0            0        17,055          27           0        17,028
 2004           16,374           0             0            0        16,374          27           0        16,347
 2005           15,718           0             0            0        15,718          25           0        15,693
 2006           15,089           0             0            0        15,089          24           0        15,065
 2007           14,486           0             0            0        14,486          23           0        14,463
 2008           13,906           0             0            0        13,906          22           0        13,884
 2009           13,351           0             0            0        13,351          22           0        13,329
 2010           12,816           0             0            0        12,816          20           0        12,796
 2011           12,303           0             0            0        12,303          20           0        12,283
 2012           11,812           0             0            0        11,812          19           0        11,793
 2013           11,339           0             0            0        11,339          18           0        11,321
 2014           10,885           0             0            0        10,885          17           0        10,868
 2015           10,450           0             0            0        10,450          17           0        10,433

 SUB-TOT       211,856           0             0            0       211,856         339           0       211,517
 REMAIN         75,330           0             0            0        75,330         120           0        75,210
 TOTAL         287,186           0             0            0       287,186         459           0       286,727
</TABLE>

<TABLE>
<CAPTION>

                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>          <C>               <C>         <C>         <C>     <C>            <C>           <C>            <C>
 2001          7,157           0           0           0         7,157         11,319        11,319        10,780
 2002          7,156           0           0           0         7,156         10,582        21,901         9,122
 2003          7,157           0           0           0         7,157          9,871        31,772         7,703
 2004          7,156           0           0           0         7,156          9,191        40,963         6,493
 2005          7,157           0           0           0         7,157          8,536        49,499         5,459
 2006          7,156           0           0           0         7,156          7,909        57,408         4,578
 2007          7,157           0           0           0         7,157          7,306        64,714         3,829
 2008          7,156           0           0           0         7,156          6,728        71,442         3,191
 2009          7,157           0           0           0         7,157          6,172        77,614         2,650
 2010          7,156           0           0           0         7,156          5,640        83,254         2,193
 2011          7,157           0           0           0         7,157          5,126        88,380         1,804
 2012          7,156           0           0           0         7,156          4,637        93,017         1,477
 2013          7,157           0           0           0         7,157          4,164        97,181         1,200
 2014          7,156           0           0           0         7,156          3,712       100,893           970
 2015          7,157           0           0           0         7,157          3,276       104,169           774

 SUBTOT      107,348           0           0           0       107,348        104,169                      62,223
 REMAIN       62,619           0           0           0        62,619         12,591       116,760         2,176
 TOTAL       169,967           0           0           0       169,967        116,760                      64,399
</TABLE>

   LIFE OF EVALUATION IS 23.75 YEARS.
   FINAL PRODUCTION RATE: 32 BBLS/MO


THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                 TENGASCO, INC.                         TABLE 41
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE
<TABLE>
<CAPTION>

 HOBROCK FIELD, OSBORNE COUNTY, KANSAS                                                 OIL LEASE
   TENGASCO, INC. - OPERATOR   3-T10S-R15W                                             PROVED
     HOBROCK   (PENNSYLVANIAN)                                                         PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>        <C>      <C>          <C>          <C>        <C>        <C>             <C>
 INITIAL -   0.593750  0.481947                         26.46                               5.00% -        80,824
 FINAL   -   0.593750  0.481947                         26.46                              10.00% -        60,600
 REMARKS -                                                                                 15.00% -        47,956
                                                                                           20.00% -        39,510
                                                                                           25.00% -        33,544
</TABLE>

<TABLE>
<CAPTION>

                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>      <C>              <C>         <C>         <C>             <C>         <C>        <C>       <C>
 2001     1           920           0           0             443           0           0.000      26.46     0.00
 2002     1           864           0           0             417           0           0.000      26.46     0.00
 2003     1           812           0           0             391           0           0.000      26.46     0.00
 2004     1           764           0           0             368           0           0.000      26.46     0.00
 2005     1           718           0           0             346           0           0.000      26.46     0.00
 2006     1           675           0           0             326           0           0.000      26.46     0.00
 2007     1           634           0           0             305           0           0.000      26.46     0.00
 2008     1           597           0           0             288           0           0.000      26.46     0.00
 2009     1           560           0           0             270           0           0.000      26.46     0.00
 2010     1           527           0           0             254           0           0.000      26.46     0.00
 2011     1           495           0           0             239           0           0.000      26.46     0.00
 2012     1           466           0           0             224           0           0.000      26.46     0.00
 2013     1           438           0           0             211           0           0.000      26.46     0.00
 2014     1           411           0           0             198           0           0.000      26.46     0.00
 2015     1           387           0           0             187           0           0.000      26.46     0.00

 SUB-TOTAL          9,268           0           0           4,467           0           0.000      26.46     0.00
 REMAINDER          2,181           0           0           1,051           0           0.000      26.46     0.00
 TOTAL             11,449           0           0           5,518           0           0.000      26.46     0.00

 CUMULATIVE        56,925           0           0
 ULTIMATE          68,374           0           0
</TABLE>

<TABLE>
<CAPTION>

                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>            <C>               <C>           <C>          <C>     <C>             <C>           <C>     <C>
 2001           11,726           0             0            0        11,726          19           0        11,707
 2002           11,023           0             0            0        11,023          17           0        11,006
 2003           10,362           0             0            0        10,362          17           0        10,345
 2004            9,739           0             0            0         9,739          16           0         9,723
 2005            9,156           0             0            0         9,156          14           0         9,142
 2006            8,606           0             0            0         8,606          14           0         8,592
 2007            8,089           0             0            0         8,089          13           0         8,076
 2008            7,604           0             0            0         7,604          12           0         7,592
 2009            7,148           0             0            0         7,148          12           0         7,136
 2010            6,720           0             0            0         6,720          10           0         6,710
 2011            6,316           0             0            0         6,316          10           0         6,306
 2012            5,937           0             0            0         5,937          10           0         5,927
 2013            5,580           0             0            0         5,580           9           0         5,571
 2014            5,246           0             0            0         5,246           8           0         5,238
 2015            4,932           0             0            0         4,932           8           0         4,924

 SUB-TOT       118,184           0             0            0       118,184         189           0       117,995
 REMAIN         27,817           0             0            0        27,817          45           0        27,772
 TOTAL         146,001           0             0            0       146,001         234           0       145,767
</TABLE>

<TABLE>
<CAPTION>

                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>           <C>              <C>         <C>         <C>      <C>           <C>           <C>            <C>
 2001          1,354           0           0           0         1,354         10,353        10,353         9,860
 2002          1,354           0           0           0         1,354          9,652        20,005         8,321
 2003          1,353           0           0           0         1,353          8,992        28,997         7,017
 2004          1,354           0           0           0         1,354          8,369        37,366         5,912
 2005          1,354           0           0           0         1,354          7,788        45,154         4,980
 2006          1,354           0           0           0         1,354          7,238        52,392         4,190
 2007          1,353           0           0           0         1,353          6,723        59,115         3,523
 2008          1,354           0           0           0         1,354          6,238        65,353         2,959
 2009          1,354           0           0           0         1,354          5,782        71,135         2,482
 2010          1,354           0           0           0         1,354          5,356        76,491         2,082
 2011          1,353           0           0           0         1,353          4,953        81,444         1,743
 2012          1,354           0           0           0         1,354          4,573        86,017         1,456
 2013          1,354           0           0           0         1,354          4,217        90,234         1,216
 2014          1,354           0           0           0         1,354          3,884        94,118         1,013
 2015          1,353           0           0           0         1,353          3,571        97,689           844

 SUBTOT       20,306           0           0           0        20,306         97,689                      57,598
 REMAIN        9,767           0           0           0         9,767         18,005       115,694         3,002
 TOTAL        30,073           0           0           0        30,073        115,694                      60,600
</TABLE>

   LIFE OF EVALUATION IS 22.21 YEARS.
   FINAL PRODUCTION RATE: 20 BBLS/MO


THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                 TENGASCO, INC.                         TABLE 42
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE
<TABLE>
<CAPTION>

 HOBROCK FIELD, OSBORNE COUNTY, KANSAS                                                 OIL LEASE
   TENGASCO, INC. - OPERATOR   10-T10S-R15W                                            PROVED
     HOGAN   (PENNSYLVANIAN)                                                           PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>        <C>      <C>          <C>          <C>        <C>        <C>                  <C>
 INITIAL -   0.593750                                                                       5.00% -             0
 FINAL   -   0.593750                                                                      10.00% -             0
 REMARKS -                                                                                 15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>

<TABLE>
<CAPTION>

                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>    <C>        <C>               <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2001                   0           0           0               0           0           0.000       0.00     0.00
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE       188,056           0           0
 ULTIMATE         188,056           0           0
</TABLE>

<TABLE>
<CAPTION>

                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2001                0           0             0            0             0           0           0             0
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>

<TABLE>
<CAPTION>

                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2001              0           0           0           0             0              0             0             0
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0
</TABLE>

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0 BBLS/MO


THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                 TENGASCO, INC.                         TABLE 43
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE
<TABLE>
<CAPTION>

 IRVIN FIELD, ELLIS COUNTY, KANSAS                                                     OIL LEASE
   TENGASCO, INC. - OPERATOR   8-T14S-R19W                                             PROVED
     KINDERKNECHT -B-   (ARBUCKLE)                                                     PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>        <C>      <C>          <C>          <C>        <C>        <C>             <C>
 INITIAL -   1.000000  0.875000                         26.46                               5.00% -        95,520
 FINAL   -   1.000000  0.875000                         26.46                              10.00% -        76,732
 REMARKS -                                                                                 15.00% -        63,493
                                                                                           20.00% -        53,839
                                                                                           25.00% -        46,580
</TABLE>

<TABLE>
<CAPTION>

                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>     <C>               <C>         <C>        <C>              <C>         <C>        <C>       <C>
 2001     2         1,456           0           0           1,274           0           0.000      26.46     0.00
 2002     2         1,405           0           0           1,230           0           0.000      26.46     0.00
 2003     2         1,356           0           0           1,186           0           0.000      26.46     0.00
 2004     2         1,309           0           0           1,145           0           0.000      26.46     0.00
 2005     2         1,263           0           0           1,105           0           0.000      26.46     0.00
 2006     2         1,218           0           0           1,066           0           0.000      26.46     0.00
 2007     2         1,176           0           0           1,029           0           0.000      26.46     0.00
 2008     2         1,135           0           0             993           0           0.000      26.46     0.00
 2009     2         1,095           0           0             958           0           0.000      26.46     0.00
 2010     2         1,057           0           0             925           0           0.000      26.46     0.00
 2011     2         1,019           0           0             892           0           0.000      26.46     0.00
 2012     2           984           0           0             861           0           0.000      26.46     0.00
 2013     2           950           0           0             831           0           0.000      26.46     0.00
 2014     2           916           0           0             802           0           0.000      26.46     0.00
 2015     2           884           0           0             774           0           0.000      26.46     0.00

 SUB-TOTAL         17,223           0           0          15,071           0           0.000      26.46     0.00
 REMAINDER          1,945           0           0           1,701           0           0.000      26.46     0.00
 TOTAL             19,168           0           0          16,772           0           0.000      26.46     0.00

 CUMULATIVE       134,095           0           0
 ULTIMATE         153,263           0           0
</TABLE>

<TABLE>
<CAPTION>

                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>            <C>               <C>           <C>          <C>     <C>             <C>           <C>     <C>
 2001           33,713           0             0            0        33,713          54           0        33,659
 2002           32,534           0             0            0        32,534          52           0        32,482
 2003           31,395           0             0            0        31,395          50           0        31,345
 2004           30,296           0             0            0        30,296          49           0        30,247
 2005           29,235           0             0            0        29,235          46           0        29,189
 2006           28,213           0             0            0        28,213          46           0        28,167
 2007           27,225           0             0            0        27,225          43           0        27,182
 2008           26,272           0             0            0        26,272          42           0        26,230
 2009           25,352           0             0            0        25,352          41           0        25,311
 2010           24,465           0             0            0        24,465          39           0        24,426
 2011           23,609           0             0            0        23,609          38           0        23,571
 2012           22,783           0             0            0        22,783          36           0        22,747
 2013           21,985           0             0            0        21,985          35           0        21,950
 2014           21,216           0             0            0        21,216          34           0        21,182
 2015           20,473           0             0            0        20,473          33           0        20,440

 SUB-TOT       398,766           0             0            0       398,766         638           0       398,128
 REMAIN         45,027           0             0            0        45,027          72           0        44,955
 TOTAL         443,793           0             0            0       443,793         710           0       443,083
</TABLE>

<TABLE>
<CAPTION>

                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>          <C>               <C>         <C>         <C>     <C>            <C>           <C>            <C>
 2001         18,456           0           0           0        18,456         15,203        15,203        14,480
 2002         18,456           0           0           0        18,456         14,026        29,229        12,093
 2003         18,456           0           0           0        18,456         12,889        42,118        10,060
 2004         18,456           0           0           0        18,456         11,791        53,909         8,330
 2005         18,456           0           0           0        18,456         10,733        64,642         6,865
 2006         18,456           0           0           0        18,456          9,711        74,353         5,623
 2007         18,456           0           0           0        18,456          8,726        83,079         4,573
 2008         18,456           0           0           0        18,456          7,774        90,853         3,689
 2009         18,456           0           0           0        18,456          6,855        97,708         2,945
 2010         18,456           0           0           0        18,456          5,970       103,678         2,321
 2011         18,456           0           0           0        18,456          5,115       108,793         1,801
 2012         18,456           0           0           0        18,456          4,291       113,084         1,368
 2013         18,456           0           0           0        18,456          3,494       116,578         1,009
 2014         18,456           0           0           0        18,456          2,726       119,304           712
 2015         18,456           0           0           0        18,456          1,984       121,288           470

 SUBTOT      276,840           0           0           0       276,840        121,288                      76,339
 REMAIN       43,064           0           0           0        43,064          1,891       123,179           393
 TOTAL       319,904           0           0           0       319,904        123,179                      76,732
</TABLE>

   LIFE OF EVALUATION IS 17.33 YEARS.
   FINAL PRODUCTION RATE: 67 BBLS/MO


THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                 TENGASCO, INC.                         TABLE 44
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE
<TABLE>
<CAPTION>

 KRAUS FIELD, ELLIS COUNTY, KANSAS                                                     OIL LEASE
   TENGASCO, INC. - OPERATOR   22-T14S-R19W                                            PROVED
     KRAUS -A-                                                                         PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>        <C>      <C>          <C>          <C>        <C>        <C>            <C>
 INITIAL -   1.000000  0.820310                         26.46                               5.00% -       248,630
 FINAL   -   1.000000  0.820310                         26.46                              10.00% -       219,697
 REMARKS -                                                                                 15.00% -       196,162
                                                                                           20.00% -       176,782
                                                                                           25.00% -       160,635
</TABLE>

<TABLE>
<CAPTION>

                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>     <C>               <C>         <C>        <C>              <C>         <C>        <C>       <C>
 2001     3         4,970           0           0           4,077           0           0.000      26.46     0.00
 2002     3         4,283           0           0           3,513           0           0.000      26.46     0.00
 2003     3         3,733           0           0           3,063           0           0.000      26.46     0.00
 2004     3         3,286           0           0           2,695           0           0.000      26.46     0.00
 2005     3         2,917           0           0           2,393           0           0.000      26.46     0.00
 2006     3         2,609           0           0           2,140           0           0.000      26.46     0.00
 2007     3         2,348           0           0           1,927           0           0.000      26.46     0.00
 2008     3         2,127           0           0           1,744           0           0.000      26.46     0.00
 2009     3         1,936           0           0           1,588           0           0.000      26.46     0.00
 2010     3         1,771           0           0           1,453           0           0.000      26.46     0.00
 2011     3           141           0           0             116           0           0.000      26.46     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL         30,121           0           0          24,709           0           0.000      26.46     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL             30,121           0           0          24,709           0           0.000      26.46     0.00

 CUMULATIVE       334,867           0           0
 ULTIMATE         364,988           0           0
</TABLE>

<TABLE>
<CAPTION>

                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>            <C>               <C>           <C>          <C>     <C>           <C>             <C>     <C>
 2001          107,885           0             0            0       107,885         173           0       107,712
 2002           92,959           0             0            0        92,959         148           0        92,811
 2003           81,024           0             0            0        81,024         130           0        80,894
 2004           71,319           0             0            0        71,319         114           0        71,205
 2005           63,313           0             0            0        63,313         101           0        63,212
 2006           56,626           0             0            0        56,626          91           0        56,535
 2007           50,981           0             0            0        50,981          82           0        50,899
 2008           46,166           0             0            0        46,166          73           0        46,093
 2009           42,025           0             0            0        42,025          68           0        41,957
 2010           38,436           0             0            0        38,436          61           0        38,375
 2011            3,055           0             0            0         3,055           5           0         3,050
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT       653,789           0             0            0       653,789       1,046           0       652,743
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL         653,789           0             0            0       653,789       1,046           0       652,743
</TABLE>

<TABLE>
<CAPTION>

                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>          <C>               <C>         <C>         <C>     <C>            <C>           <C>           <C>
 2001         36,504           0           0           0        36,504         71,208        71,208        67,908
 2002         36,504           0           0           0        36,504         56,307       127,515        48,608
 2003         36,504           0           0           0        36,504         44,390       171,905        34,690
 2004         36,504           0           0           0        36,504         34,701       206,606        24,550
 2005         36,504           0           0           0        36,504         26,708       233,314        17,106
 2006         36,504           0           0           0        36,504         20,031       253,345        11,618
 2007         36,504           0           0           0        36,504         14,395       267,740         7,560
 2008         36,504           0           0           0        36,504          9,589       277,329         4,563
 2009         36,504           0           0           0        36,504          5,453       282,782         2,353
 2010         36,504           0           0           0        36,504          1,871       284,653           738
 2011          3,042           0           0           0         3,042              8       284,661             3
 2012              0           0           0           0             0              0       284,661             0
 2013              0           0           0           0             0              0       284,661             0
 2014              0           0           0           0             0              0       284,661             0
 2015              0           0           0           0             0              0       284,661             0

 SUBTOT      368,082           0           0           0       368,082        284,661                     219,697
 REMAIN            0           0           0           0             0              0       284,661             0
 TOTAL       368,082           0           0           0       368,082        284,661                     219,697
</TABLE>

   LIFE OF EVALUATION IS 10.08 YEARS.
   FINAL PRODUCTION RATE: 141 BBLS/MO


THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                 TENGASCO, INC.                         TABLE 45
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE
<TABLE>
<CAPTION>

 KRAUS FIELD, ELLIS COUNTY, KANSAS                                                     OIL LEASE
   TENGASCO, INC. - OPERATOR   16-T14S-R19W                                            PROVED
     KRAUS -B-   (ARBUCKLE)                                                            PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>        <C>      <C>          <C>          <C>        <C>        <C>            <C>
 INITIAL -   1.000000  0.875000                         26.46                               5.00% -       102,804
 FINAL   -   1.000000  0.875000                         26.46                              10.00% -        83,989
 REMARKS -                                                                                 15.00% -        70,379
                                                                                           20.00% -        60,244
                                                                                           25.00% -        52,493
</TABLE>

<TABLE>
<CAPTION>

                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>     <C>               <C>         <C>        <C>              <C>         <C>        <C>       <C>
 2001     2         1,509           0           0           1,320           0           0.000      26.46     0.00
 2002     2         1,440           0           0           1,261           0           0.000      26.46     0.00
 2003     2         1,376           0           0           1,204           0           0.000      26.46     0.00
 2004     2         1,314           0           0           1,150           0           0.000      26.46     0.00
 2005     2         1,255           0           0           1,098           0           0.000      26.46     0.00
 2006     2         1,199           0           0           1,048           0           0.000      26.46     0.00
 2007     2         1,144           0           0           1,002           0           0.000      26.46     0.00
 2008     2         1,093           0           0             956           0           0.000      26.46     0.00
 2009     2         1,044           0           0             913           0           0.000      26.46     0.00
 2010     2           997           0           0             873           0           0.000      26.46     0.00
 2011     2           952           0           0             833           0           0.000      26.46     0.00
 2012     2           909           0           0             795           0           0.000      26.46     0.00
 2013     2           868           0           0             760           0           0.000      26.46     0.00
 2014     2           830           0           0             725           0           0.000      26.46     0.00
 2015     2           791           0           0             693           0           0.000      26.46     0.00

 SUB-TOTAL         16,721           0           0          14,631           0           0.000      26.46     0.00
 REMAINDER            695           0           0             608           0           0.000      26.46     0.00
 TOTAL             17,416           0           0          15,239           0           0.000      26.46     0.00

 CUMULATIVE        95,968           0           0
 ULTIMATE         113,384           0           0
</TABLE>

<TABLE>
<CAPTION>

                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>            <C>               <C>           <C>          <C>     <C>             <C>           <C>     <C>
 2001           34,930           0             0            0        34,930          56           0        34,874
 2002           33,358           0             0            0        33,358          53           0        33,305
 2003           31,856           0             0            0        31,856          51           0        31,805
 2004           30,424           0             0            0        30,424          49           0        30,375
 2005           29,054           0             0            0        29,054          46           0        29,008
 2006           27,747           0             0            0        27,747          45           0        27,702
 2007           26,498           0             0            0        26,498          42           0        26,456
 2008           25,305           0             0            0        25,305          41           0        25,264
 2009           24,167           0             0            0        24,167          38           0        24,129
 2010           23,080           0             0            0        23,080          37           0        23,043
 2011           22,041           0             0            0        22,041          36           0        22,005
 2012           21,049           0             0            0        21,049          33           0        21,016
 2013           20,102           0             0            0        20,102          32           0        20,070
 2014           19,197           0             0            0        19,197          31           0        19,166
 2015           18,333           0             0            0        18,333          29           0        18,304

 SUB-TOT       387,141           0             0            0       387,141         619           0       386,522
 REMAIN         16,080           0             0            0        16,080          26           0        16,054
 TOTAL         403,221           0             0            0       403,221         645           0       402,576
</TABLE>

<TABLE>
<CAPTION>

                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>          <C>               <C>         <C>         <C>     <C>            <C>           <C>            <C>
 2001         17,148           0           0           0        17,148         17,726        17,726        16,884
 2002         17,148           0           0           0        17,148         16,157        33,883        13,932
 2003         17,148           0           0           0        17,148         14,657        48,540        11,441
 2004         17,148           0           0           0        17,148         13,227        61,767         9,346
 2005         17,148           0           0           0        17,148         11,860        73,627         7,587
 2006         17,148           0           0           0        17,148         10,554        84,181         6,111
 2007         17,148           0           0           0        17,148          9,308        93,489         4,880
 2008         17,148           0           0           0        17,148          8,116       101,605         3,852
 2009         17,148           0           0           0        17,148          6,981       108,586         2,999
 2010         17,148           0           0           0        17,148          5,895       114,481         2,293
 2011         17,148           0           0           0        17,148          4,857       119,338         1,711
 2012         17,148           0           0           0        17,148          3,868       123,206         1,234
 2013         17,148           0           0           0        17,148          2,922       126,128           844
 2014         17,148           0           0           0        17,148          2,018       128,146           528
 2015         17,148           0           0           0        17,148          1,156       129,302           275

 SUBTOT      257,220           0           0           0       257,220        129,302                      83,917
 REMAIN       15,719           0           0           0        15,719            335       129,637            72
 TOTAL       272,939           0           0           0       272,939        129,637                      83,989
</TABLE>

   LIFE OF EVALUATION IS 15.92 YEARS.
   FINAL PRODUCTION RATE: 62 BBLS/MO


THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                 TENGASCO, INC.                         TABLE 46
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE
<TABLE>
<CAPTION>

 KRAUS FIELD, ELLIS COUNTY, KANSAS                                                     OIL LEASE
   TENGASCO, INC. - OPERATOR   27-T14S-R19W                                            PROVED
     KRAUS -I-   (ABCK-KSSC-LNSG)                                                      PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>        <C>      <C>          <C>          <C>        <C>        <C>            <C>
 INITIAL -   1.000000  0.820313                         26.46                               5.00% -       334,947
 FINAL   -   1.000000  0.820313                         26.46                              10.00% -       263,734
 REMARKS -                                                                                 15.00% -       215,989
                                                                                           20.00% -       182,294
                                                                                           25.00% -       157,468
</TABLE>

<TABLE>
<CAPTION>

                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>     <C>               <C>         <C>        <C>              <C>         <C>        <C>       <C>
 2001     2         2,847           0           0           2,336           0           0.000      26.46     0.00
 2002     2         2,620           0           0           2,148           0           0.000      26.46     0.00
 2003     2         2,410           0           0           1,977           0           0.000      26.46     0.00
 2004     2         2,217           0           0           1,819           0           0.000      26.46     0.00
 2005     2         2,039           0           0           1,673           0           0.000      26.46     0.00
 2006     2         1,877           0           0           1,540           0           0.000      26.46     0.00
 2007     2         1,726           0           0           1,416           0           0.000      26.46     0.00
 2008     2         1,589           0           0           1,303           0           0.000      26.46     0.00
 2009     2         1,461           0           0           1,198           0           0.000      26.46     0.00
 2010     2         1,344           0           0           1,103           0           0.000      26.46     0.00
 2011     2         1,237           0           0           1,015           0           0.000      26.46     0.00
 2012     2         1,138           0           0             933           0           0.000      26.46     0.00
 2013     2         1,047           0           0             859           0           0.000      26.46     0.00
 2014     2           963           0           0             790           0           0.000      26.46     0.00
 2015     2           886           0           0             727           0           0.000      26.46     0.00

 SUB-TOTAL         25,401           0           0          20,837           0           0.000      26.46     0.00
 REMAINDER          5,139           0           0           4,215           0           0.000      26.46     0.00
 TOTAL             30,540           0           0          25,052           0           0.000      26.46     0.00

 CUMULATIVE       204,562           0           0
 ULTIMATE         235,102           0           0
</TABLE>

<TABLE>
<CAPTION>

                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>            <C>               <C>           <C>          <C>     <C>           <C>             <C>     <C>
 2001           61,801           0             0            0        61,801          99           0        61,702
 2002           56,857           0             0            0        56,857          91           0        56,766
 2003           52,308           0             0            0        52,308          84           0        52,224
 2004           48,123           0             0            0        48,123          77           0        48,046
 2005           44,274           0             0            0        44,274          70           0        44,204
 2006           40,732           0             0            0        40,732          66           0        40,666
 2007           37,473           0             0            0        37,473          60           0        37,413
 2008           34,476           0             0            0        34,476          55           0        34,421
 2009           31,717           0             0            0        31,717          50           0        31,667
 2010           29,180           0             0            0        29,180          47           0        29,133
 2011           26,846           0             0            0        26,846          43           0        26,803
 2012           24,697           0             0            0        24,697          40           0        24,657
 2013           22,723           0             0            0        22,723          36           0        22,687
 2014           20,904           0             0            0        20,904          33           0        20,871
 2015           19,232           0             0            0        19,232          31           0        19,201

 SUB-TOT       551,343           0             0            0       551,343         882           0       550,461
 REMAIN        111,536           0             0            0       111,536         179           0       111,357
 TOTAL         662,879           0             0            0       662,879       1,061           0       661,818
</TABLE>

<TABLE>
<CAPTION>

                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>          <C>               <C>         <C>         <C>     <C>            <C>           <C>           <C>
 2001          9,144           0           0           0         9,144         52,558        52,558        50,066
 2002          9,144           0           0           0         9,144         47,622       100,180        41,064
 2003          9,144           0           0           0         9,144         43,080       143,260        33,628
 2004          9,144           0           0           0         9,144         38,902       182,162        27,488
 2005          9,144           0           0           0         9,144         35,060       217,222        22,426
 2006          9,144           0           0           0         9,144         31,522       248,744        18,251
 2007          9,144           0           0           0         9,144         28,269       277,013        14,817
 2008          9,144           0           0           0         9,144         25,277       302,290        11,994
 2009          9,144           0           0           0         9,144         22,523       324,813         9,674
 2010          9,144           0           0           0         9,144         19,989       344,802         7,772
 2011          9,144           0           0           0         9,144         17,659       362,461         6,215
 2012          9,144           0           0           0         9,144         15,513       377,974         4,943
 2013          9,144           0           0           0         9,144         13,543       391,517         3,906
 2014          9,144           0           0           0         9,144         11,727       403,244         3,063
 2015          9,144           0           0           0         9,144         10,057       413,301         2,377

 SUBTOT      137,160           0           0           0       137,160        413,301                     257,684
 REMAIN       76,962           0           0           0        76,962         34,395       447,696         6,050
 TOTAL       214,122           0           0           0       214,122        447,696                     263,734
</TABLE>

   LIFE OF EVALUATION IS 23.42 YEARS.
   FINAL PRODUCTION RATE: 35 BBLS/MO


THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                 TENGASCO, INC.                         TABLE 47
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE
<TABLE>
<CAPTION>

 LEIKER EAST FIELD, ELLIS COUNTY, KANSAS                                               OIL LEASE
   TENGASCO, INC. - OPERATOR   14-T15S-R18W                                            PROVED
     LEIKER   (KSSC-LNSG)                                                              PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>        <C>      <C>          <C>          <C>        <C>        <C>            <C>
 INITIAL -   0.416670  0.364590                         26.46                               5.00% -       100,560
 FINAL   -   0.416670  0.364590                         26.46                              10.00% -        65,747
 REMARKS -                                                                                 15.00% -        48,364
                                                                                           20.00% -        38,196
                                                                                           25.00% -        31,565
</TABLE>

<TABLE>
<CAPTION>

                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>      <C>              <C>         <C>         <C>             <C>         <C>        <C>       <C>
 2001     1         1,016           0           0             370           0           0.000      26.46     0.00
 2002     1           985           0           0             360           0           0.000      26.46     0.00
 2003     1           956           0           0             348           0           0.000      26.46     0.00
 2004     1           927           0           0             338           0           0.000      26.46     0.00
 2005     1           900           0           0             328           0           0.000      26.46     0.00
 2006     1           872           0           0             318           0           0.000      26.46     0.00
 2007     1           846           0           0             309           0           0.000      26.46     0.00
 2008     1           821           0           0             299           0           0.000      26.46     0.00
 2009     1           796           0           0             290           0           0.000      26.46     0.00
 2010     1           773           0           0             282           0           0.000      26.46     0.00
 2011     1           749           0           0             273           0           0.000      26.46     0.00
 2012     1           726           0           0             265           0           0.000      26.46     0.00
 2013     1           705           0           0             257           0           0.000      26.46     0.00
 2014     1           684           0           0             249           0           0.000      26.46     0.00
 2015     1           663           0           0             242           0           0.000      26.46     0.00

 SUB-TOTAL         12,419           0           0           4,528           0           0.000      26.46     0.00
 REMAINDER         11,225           0           0           4,092           0           0.000      26.46     0.00
 TOTAL             23,644           0           0           8,620           0           0.000      26.46     0.00

 CUMULATIVE        25,066           0           0
 ULTIMATE          48,710           0           0
</TABLE>

<TABLE>
<CAPTION>

                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>            <C>               <C>           <C>          <C>     <C>             <C>           <C>     <C>
 2001            9,800           0             0            0         9,800          16           0         9,784
 2002            9,507           0             0            0         9,507          15           0         9,492
 2003            9,221           0             0            0         9,221          15           0         9,206
 2004            8,944           0             0            0         8,944          14           0         8,930
 2005            8,676           0             0            0         8,676          14           0         8,662
 2006            8,416           0             0            0         8,416          13           0         8,403
 2007            8,164           0             0            0         8,164          13           0         8,151
 2008            7,918           0             0            0         7,918          13           0         7,905
 2009            7,681           0             0            0         7,681          12           0         7,669
 2010            7,450           0             0            0         7,450          12           0         7,438
 2011            7,227           0             0            0         7,227          12           0         7,215
 2012            7,011           0             0            0         7,011          11           0         7,000
 2013            6,799           0             0            0         6,799          11           0         6,788
 2014            6,596           0             0            0         6,596          10           0         6,586
 2015            6,398           0             0            0         6,398          11           0         6,387

 SUB-TOT       119,808           0             0            0       119,808         192           0       119,616
 REMAIN        108,285           0             0            0       108,285         173           0       108,112
 TOTAL         228,093           0             0            0       228,093         365           0       227,728
</TABLE>

<TABLE>
<CAPTION>

                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>           <C>              <C>         <C>         <C>      <C>           <C>           <C>            <C>
 2001          1,035           0           0           0         1,035          8,749         8,749         8,330
 2002          1,035           0           0           0         1,035          8,457        17,206         7,288
 2003          1,035           0           0           0         1,035          8,171        25,377         6,375
 2004          1,035           0           0           0         1,035          7,895        33,272         5,575
 2005          1,035           0           0           0         1,035          7,627        40,899         4,876
 2006          1,035           0           0           0         1,035          7,368        48,267         4,264
 2007          1,035           0           0           0         1,035          7,116        55,383         3,727
 2008          1,035           0           0           0         1,035          6,870        62,253         3,258
 2009          1,035           0           0           0         1,035          6,634        68,887         2,847
 2010          1,035           0           0           0         1,035          6,403        75,290         2,488
 2011          1,035           0           0           0         1,035          6,180        81,470         2,174
 2012          1,035           0           0           0         1,035          5,965        87,435         1,899
 2013          1,035           0           0           0         1,035          5,753        93,188         1,658
 2014          1,035           0           0           0         1,035          5,551        98,739         1,448
 2015          1,035           0           0           0         1,035          5,352       104,091         1,264

 SUBTOT       15,525           0           0           0        15,525        104,091                      57,471
 REMAIN       25,185           0           0           0        25,185         82,927       187,018         8,276
 TOTAL        40,710           0           0           0        40,710        187,018                      65,747
</TABLE>

   LIFE OF EVALUATION IS 39.33 YEARS.
   FINAL PRODUCTION RATE: 26 BBLS/MO


THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                 TENGASCO, INC.                         TABLE 48
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE
<TABLE>
<CAPTION>

 LEONHARDT SOUTHEAST FIELD, ELLIS COUNTY, KANSAS                                       OIL LEASE
   TENGASCO, INC. - OPERATOR   28-T14S-R18W                                            PROVED
     KRAUS #1   (KSSC-LNSG)                                                            PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>        <C>      <C>          <C>          <C>        <C>        <C>                  <C>
 INITIAL -   1.000000                                                                       5.00% -             0
 FINAL   -   1.000000                                                                      10.00% -             0
 REMARKS -                                                                                 15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>

<TABLE>
<CAPTION>

                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>    <C>         <C>              <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2001                   0           0           0               0           0           0.000       0.00     0.00
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE        51,088           0           0
 ULTIMATE          51,088           0           0
</TABLE>

<TABLE>
<CAPTION>

                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2001                0           0             0            0             0           0           0             0
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>

<TABLE>
<CAPTION>

                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2001              0           0           0           0             0              0             0             0
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0
</TABLE>

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0 BBLS/MO


THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                 TENGASCO, INC.                         TABLE 49
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE
<TABLE>
<CAPTION>

 LIEBENTHAL FIELD, RUSH COUNTY, KANSAS                                                 GAS LEASE
   TENGASCO, INC. - OPERATOR   23-T16S-R18W                                            PROVED
     DECHANT -B- #2   (KANSAS CITY)                                                    PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>        <C>      <C>          <C>          <C>        <C>        <C>                  <C>
 INITIAL -   1.000000                                                                       5.00% -             0
 FINAL   -   1.000000                                                                      10.00% -             0
 REMARKS -                                                                                 15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>

<TABLE>
<CAPTION>

                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>        <C>              <C>         <C>         <C>         <C>      <C>
 2001                   0           0           0               0           0           0.000       0.00     0.00
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE             0           0          45
 ULTIMATE               0           0          45
</TABLE>

<TABLE>
<CAPTION>

                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2001                0           0             0            0             0           0           0             0
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>

<TABLE>
<CAPTION>

                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2001              0           0           0           0             0              0             0             0
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0
</TABLE>

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0.0 MMCF/MO


THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                 TENGASCO, INC.                         TABLE 50
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE
<TABLE>
<CAPTION>

 LIEBENTHAL FIELD, RUSH COUNTY, KANSAS                                                 GAS LEASE
   TENGASCO, INC. - OPERATOR   23-T16S-R18W                                            PROVED
     GRAHAM #1   (KC-LANSING)                                                          PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>        <C>      <C>          <C>          <C>        <C>        <C>                  <C>
 INITIAL -   1.000000                                                                       5.00% -             0
 FINAL   -   1.000000                                                                      10.00% -             0
 REMARKS -                                                                                 15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>

<TABLE>
<CAPTION>

                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>       <C>               <C>         <C>         <C>         <C>      <C>
 2001                   0           0           0               0           0           0.000       0.00     0.00
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE             0           0         127
 ULTIMATE               0           0         127
</TABLE>

<TABLE>
<CAPTION>

                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2001                0           0             0            0             0           0           0             0
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>

<TABLE>
<CAPTION>

                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2001              0           0           0           0             0              0             0             0
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0
</TABLE>

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0.0 MMCF/MO


THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                 TENGASCO, INC.                         TABLE 51
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE
<TABLE>
<CAPTION>

 LIEBENTHAL FIELD, RUSH COUNTY, KANSAS                                                 GAS LEASE
   TENGASCO, INC. - OPERATOR   26-T16S-R18W                                            PROVED
     LEGLEITER -B- #1   (KSSC-LNSG)                                                    PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>        <C>      <C>          <C>          <C>        <C>        <C>                  <C>
 INITIAL -   1.000000                                                                       5.00% -             0
 FINAL   -   1.000000                                                                      10.00% -             0
 REMARKS -                                                                                 15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>

<TABLE>
<CAPTION>

                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>        <C>              <C>         <C>         <C>         <C>      <C>
 2001                   0           0           0               0           0           0.000       0.00     0.00
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE             0           0          30
 ULTIMATE               0           0          30
</TABLE>

<TABLE>
<CAPTION>

                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2001                0           0             0            0             0           0           0             0
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>

<TABLE>
<CAPTION>

                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2001              0           0           0           0             0              0             0             0
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0
</TABLE>

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0.0 MMCF/MO


THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                 TENGASCO, INC.                         TABLE 52
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE
<TABLE>
<CAPTION>

 LIEBENTHAL FIELD, RUSH COUNTY, KANSAS                                                 GAS LEASE
   TENGASCO, INC. - OPERATOR   24-T16S-R18W                                            PROVED
     LEGLEITER -C- #1   (PLEASONTON)                                                   PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>        <C>      <C>          <C>          <C>        <C>        <C>                  <C>
 INITIAL -   1.000000                                                                       5.00% -             0
 FINAL   -   1.000000                                                                      10.00% -             0
 REMARKS -                                                                                 15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>

<TABLE>
<CAPTION>

                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>        <C>              <C>         <C>         <C>         <C>      <C>
 2001                   0           0           0               0           0           0.000       0.00     0.00
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE             0           0          15
 ULTIMATE               0           0          15
</TABLE>

<TABLE>
<CAPTION>

                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2001                0           0             0            0             0           0           0             0
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>

<TABLE>
<CAPTION>

                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2001              0           0           0           0             0              0             0             0
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0
</TABLE>

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0.0 MMCF/MO


THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                 TENGASCO, INC.                         TABLE 53
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE
<TABLE>
<CAPTION>

 LITTLE RIO FIELD, RICE COUNTY, KANSAS                                                 OIL LEASE
   TENGASCO, INC. - OPERATOR   19-T19S-R6W                                             PROVED
     WHITEMAN-HOLLAND   (KSSC-LNSG-MSSP)                                               PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>        <C>      <C>          <C>          <C>        <C>        <C>            <C>
 INITIAL -   1.000000  0.820313                         26.46                               5.00% -       227,387
 FINAL   -   1.000000  0.820313                         26.46                              10.00% -       170,467
 REMARKS -                                                                                 15.00% -       134,941
                                                                                           20.00% -       111,180
                                                                                           25.00% -        94,365
</TABLE>

<TABLE>
<CAPTION>

                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>      <C>              <C>         <C>        <C>              <C>         <C>        <C>       <C>
 2001     3         1,928           0           0           1,581           0           0.000      26.46     0.00
 2002     3         1,845           0           0           1,514           0           0.000      26.46     0.00
 2003     3         1,765           0           0           1,448           0           0.000      26.46     0.00
 2004     3         1,690           0           0           1,386           0           0.000      26.46     0.00
 2005     3         1,617           0           0           1,326           0           0.000      26.46     0.00
 2006     3         1,547           0           0           1,270           0           0.000      26.46     0.00
 2007     3         1,481           0           0           1,214           0           0.000      26.46     0.00
 2008     3         1,417           0           0           1,163           0           0.000      26.46     0.00
 2009     3         1,356           0           0           1,113           0           0.000      26.46     0.00
 2010     3         1,298           0           0           1,064           0           0.000      26.46     0.00
 2011     3         1,242           0           0           1,019           0           0.000      26.46     0.00
 2012     3         1,189           0           0             975           0           0.000      26.46     0.00
 2013     3         1,138           0           0             934           0           0.000      26.46     0.00
 2014     3         1,088           0           0             893           0           0.000      26.46     0.00
 2015     3         1,042           0           0             854           0           0.000      26.46     0.00

 SUB-TOTAL         21,643           0           0          17,754           0           0.000      26.46     0.00
 REMAINDER          9,654           0           0           7,919           0           0.000      26.46     0.00
 TOTAL             31,297           0           0          25,673           0           0.000      26.46     0.00

 CUMULATIVE        58,174           0           0
 ULTIMATE          89,471           0           0
</TABLE>

<TABLE>
<CAPTION>

                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>            <C>               <C>           <C>          <C>     <C>           <C>             <C>     <C>
 2001           41,842           0             0            0        41,842          67           0        41,775
 2002           40,043           0             0            0        40,043          64           0        39,979
 2003           38,321           0             0            0        38,321          61           0        38,260
 2004           36,674           0             0            0        36,674          59           0        36,615
 2005           35,096           0             0            0        35,096          56           0        35,040
 2006           33,587           0             0            0        33,587          54           0        33,533
 2007           32,143           0             0            0        32,143          51           0        32,092
 2008           30,761           0             0            0        30,761          50           0        30,711
 2009           29,438           0             0            0        29,438          47           0        29,391
 2010           28,173           0             0            0        28,173          45           0        28,128
 2011           26,961           0             0            0        26,961          43           0        26,918
 2012           25,801           0             0            0        25,801          41           0        25,760
 2013           24,692           0             0            0        24,692          40           0        24,652
 2014           23,631           0             0            0        23,631          37           0        23,594
 2015           22,614           0             0            0        22,614          37           0        22,577

 SUB-TOT       469,777           0             0            0       469,777         752           0       469,025
 REMAIN        209,535           0             0            0       209,535         335           0       209,200
 TOTAL         679,312           0             0            0       679,312       1,087           0       678,225
</TABLE>

<TABLE>
<CAPTION>

                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>          <C>               <C>         <C>         <C>     <C>            <C>           <C>           <C>
 2001         12,912           0           0           0        12,912         28,863        28,863        27,487
 2002         12,912           0           0           0        12,912         27,067        55,930        23,333
 2003         12,912           0           0           0        12,912         25,348        81,278        19,780
 2004         12,912           0           0           0        12,912         23,703       104,981        16,744
 2005         12,912           0           0           0        12,912         22,128       127,109        14,150
 2006         12,912           0           0           0        12,912         20,621       147,730        11,936
 2007         12,912           0           0           0        12,912         19,180       166,910        10,050
 2008         12,912           0           0           0        12,912         17,799       184,709         8,443
 2009         12,912           0           0           0        12,912         16,479       201,188         7,076
 2010         12,912           0           0           0        12,912         15,216       216,404         5,914
 2011         12,912           0           0           0        12,912         14,006       230,410         4,928
 2012         12,912           0           0           0        12,912         12,848       243,258         4,092
 2013         12,912           0           0           0        12,912         11,740       254,998         3,385
 2014         12,912           0           0           0        12,912         10,682       265,680         2,788
 2015         12,912           0           0           0        12,912          9,665       275,345         2,284

 SUBTOT      193,680           0           0           0       193,680        275,345                     162,390
 REMAIN      158,172           0           0           0       158,172         51,028       326,373         8,077
 TOTAL       351,852           0           0           0       351,852        326,373                     170,467
</TABLE>

   LIFE OF EVALUATION IS 27.25 YEARS.
   FINAL PRODUCTION RATE: 50 BBLS/MO


THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                 TENGASCO, INC.                         TABLE 54
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE
<TABLE>
<CAPTION>

 MARCOTTE FIELD, ROOKS COUNTY, KANSAS                                                  OIL LEASE
   TENGASCO, INC. - OPERATOR   11-T10S-R20W                                            PROVED
     CROFFOOT   (ARBUCKLE)                                                             PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>        <C>      <C>          <C>          <C>        <C>        <C>            <C>
 INITIAL -   1.000000  0.861328                         26.46                               5.00% -       399,138
 FINAL   -   1.000000  0.861328                         26.46                              10.00% -       277,375
 REMARKS -                                                                                 15.00% -       211,039
                                                                                           20.00% -       170,033
                                                                                           25.00% -       142,343
</TABLE>

<TABLE>
<CAPTION>

                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>     <C>               <C>         <C>        <C>              <C>         <C>        <C>       <C>
 2001     5         2,120           0           0           1,826           0           0.000      26.46     0.00
 2002     5         2,029           0           0           1,748           0           0.000      26.46     0.00
 2003     5         1,944           0           0           1,674           0           0.000      26.46     0.00
 2004     5         1,861           0           0           1,603           0           0.000      26.46     0.00
 2005     5         1,781           0           0           1,534           0           0.000      26.46     0.00
 2006     5         1,706           0           0           1,470           0           0.000      26.46     0.00
 2007     5         1,634           0           0           1,407           0           0.000      26.46     0.00
 2008     5         1,564           0           0           1,347           0           0.000      26.46     0.00
 2009     5         1,498           0           0           1,290           0           0.000      26.46     0.00
 2010     5         1,434           0           0           1,235           0           0.000      26.46     0.00
 2011     5         1,373           0           0           1,183           0           0.000      26.46     0.00
 2012     5         1,314           0           0           1,132           0           0.000      26.46     0.00
 2013     5         1,259           0           0           1,084           0           0.000      26.46     0.00
 2014     5         1,205           0           0           1,038           0           0.000      26.46     0.00
 2015     5         1,154           0           0             994           0           0.000      26.46     0.00

 SUB-TOTAL         23,876           0           0          20,565           0           0.000      26.46     0.00
 REMAINDER         16,964           0           0          14,611           0           0.000      26.46     0.00
 TOTAL             40,840           0           0          35,176           0           0.000      26.46     0.00

 CUMULATIVE       218,717           0           0
 ULTIMATE         259,557           0           0
</TABLE>

<TABLE>
<CAPTION>

                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>            <C>               <C>           <C>          <C>     <C>           <C>             <C>     <C>
 2001           48,311           0             0            0        48,311          77           0        48,234
 2002           46,257           0             0            0        46,257          74           0        46,183
 2003           44,292           0             0            0        44,292          71           0        44,221
 2004           42,409           0             0            0        42,409          68           0        42,341
 2005           40,607           0             0            0        40,607          65           0        40,542
 2006           38,881           0             0            0        38,881          62           0        38,819
 2007           37,229           0             0            0        37,229          60           0        37,169
 2008           35,646           0             0            0        35,646          57           0        35,589
 2009           34,132           0             0            0        34,132          54           0        34,078
 2010           32,681           0             0            0        32,681          53           0        32,628
 2011           31,292           0             0            0        31,292          50           0        31,242
 2012           29,962           0             0            0        29,962          48           0        29,914
 2013           28,688           0             0            0        28,688          46           0        28,642
 2014           27,470           0             0            0        27,470          44           0        27,426
 2015           26,302           0             0            0        26,302          42           0        26,260

 SUB-TOT       544,159           0             0            0       544,159         871           0       543,288
 REMAIN        386,607           0             0            0       386,607         618           0       385,989
 TOTAL         930,766           0             0            0       930,766       1,489           0       929,277
</TABLE>

<TABLE>
<CAPTION>

                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>          <C>               <C>         <C>         <C>     <C>            <C>           <C>           <C>
 2001          6,708           0           0           0         6,708         41,526        41,526        39,542
 2002          6,708           0           0           0         6,708         39,475        81,001        34,025
 2003          6,708           0           0           0         6,708         37,513       118,514        29,270
 2004          6,708           0           0           0         6,708         35,633       154,147        25,168
 2005          6,708           0           0           0         6,708         33,834       187,981        21,632
 2006          6,708           0           0           0         6,708         32,111       220,092        18,584
 2007          6,708           0           0           0         6,708         30,461       250,553        15,958
 2008          6,708           0           0           0         6,708         28,881       279,434        13,697
 2009          6,708           0           0           0         6,708         27,370       306,804        11,750
 2010          6,708           0           0           0         6,708         25,920       332,724        10,072
 2011          6,708           0           0           0         6,708         24,534       357,258         8,631
 2012          6,708           0           0           0         6,708         23,206       380,464         7,389
 2013          6,708           0           0           0         6,708         21,934       402,398         6,322
 2014          6,708           0           0           0         6,708         20,718       423,116         5,406
 2015          6,708           0           0           0         6,708         19,552       442,668         4,618

 SUBTOT      100,620           0           0           0       100,620        442,668                     252,064
 REMAIN      163,228           0           0           0       163,228        222,761       665,429        25,311
 TOTAL       263,848           0           0           0       263,848        665,429                     277,375
</TABLE>

   LIFE OF EVALUATION IS 39.33 YEARS.
   FINAL PRODUCTION RATE: 33 BBLS/MO


THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                 TENGASCO, INC.                         TABLE 55
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE
<TABLE>
<CAPTION>

 MARCOTTE FIELD, ROOKS COUNTY, KANSAS                                                  OIL LEASE
   TENGASCO, INC. - OPERATOR   11-T10S-R20W                                            PROVED
     CROFFOOT -A-   (ARBUCKLE)                                                         PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>        <C>      <C>          <C>          <C>        <C>        <C>             <C>
 INITIAL -   1.000000  0.860369                         26.46                               5.00% -        46,495
 FINAL   -   1.000000  0.860369                         26.46                              10.00% -        38,880
 REMARKS -                                                                                 15.00% -        33,151
                                                                                           20.00% -        28,746
                                                                                           25.00% -        25,292
</TABLE>

<TABLE>
<CAPTION>

                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>     <C>               <C>         <C>         <C>             <C>         <C>        <C>       <C>
 2001     4           917           0           0             789           0           0.000      26.46     0.00
 2002     4           879           0           0             756           0           0.000      26.46     0.00
 2003     4           841           0           0             724           0           0.000      26.46     0.00
 2004     4           807           0           0             694           0           0.000      26.46     0.00
 2005     4           772           0           0             664           0           0.000      26.46     0.00
 2006     4           740           0           0             637           0           0.000      26.46     0.00
 2007     4           709           0           0             610           0           0.000      26.46     0.00
 2008     4           679           0           0             584           0           0.000      26.46     0.00
 2009     4           651           0           0             560           0           0.000      26.46     0.00
 2010     4           623           0           0             536           0           0.000      26.46     0.00
 2011     4           597           0           0             514           0           0.000      26.46     0.00
 2012     4           572           0           0             492           0           0.000      26.46     0.00
 2013     4           548           0           0             471           0           0.000      26.46     0.00
 2014     4           265           0           0             229           0           0.000      26.46     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL          9,600           0           0           8,260           0           0.000      26.46     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL              9,600           0           0           8,260           0           0.000      26.46     0.00

 CUMULATIVE       217,569           0           0
 ULTIMATE         227,169           0           0
</TABLE>

<TABLE>
<CAPTION>

                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>            <C>               <C>           <C>          <C>     <C>             <C>           <C>     <C>
 2001           20,877           0             0            0        20,877          33           0        20,844
 2002           20,000           0             0            0        20,000          32           0        19,968
 2003           19,160           0             0            0        19,160          31           0        19,129
 2004           18,356           0             0            0        18,356          29           0        18,327
 2005           17,584           0             0            0        17,584          29           0        17,555
 2006           16,846           0             0            0        16,846          27           0        16,819
 2007           16,138           0             0            0        16,138          25           0        16,113
 2008           15,461           0             0            0        15,461          25           0        15,436
 2009           14,811           0             0            0        14,811          24           0        14,787
 2010           14,189           0             0            0        14,189          22           0        14,167
 2011           13,593           0             0            0        13,593          22           0        13,571
 2012           13,023           0             0            0        13,023          21           0        13,002
 2013           12,475           0             0            0        12,475          20           0        12,455
 2014            6,040           0             0            0         6,040          10           0         6,030
 2015                0           0             0            0             0           0           0             0

 SUB-TOT       218,553           0             0            0       218,553         350           0       218,203
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL         218,553           0             0            0       218,553         350           0       218,203
</TABLE>

<TABLE>
<CAPTION>

                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>          <C>               <C>         <C>         <C>     <C>             <C>           <C>           <C>
 2001         11,952           0           0           0        11,952          8,892         8,892         8,471
 2002         11,952           0           0           0        11,952          8,016        16,908         6,912
 2003         11,952           0           0           0        11,952          7,177        24,085         5,603
 2004         11,952           0           0           0        11,952          6,375        30,460         4,505
 2005         11,952           0           0           0        11,952          5,603        36,063         3,585
 2006         11,952           0           0           0        11,952          4,867        40,930         2,819
 2007         11,952           0           0           0        11,952          4,161        45,091         2,182
 2008         11,952           0           0           0        11,952          3,484        48,575         1,654
 2009         11,952           0           0           0        11,952          2,835        51,410         1,219
 2010         11,952           0           0           0        11,952          2,215        53,625           862
 2011         11,952           0           0           0        11,952          1,619        55,244           571
 2012         11,952           0           0           0        11,952          1,050        56,294           336
 2013         11,952           0           0           0        11,952            503        56,797           146
 2014          5,976           0           0           0         5,976             54        56,851            15
 2015              0           0           0           0             0              0        56,851             0

 SUBTOT      161,352           0           0           0       161,352         56,851                      38,880
 REMAIN            0           0           0           0             0              0        56,851             0
 TOTAL       161,352           0           0           0       161,352         56,851                      38,880
</TABLE>

   LIFE OF EVALUATION IS 13.50 YEARS.
   FINAL PRODUCTION RATE: 44 BBLS/MO


THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                 TENGASCO, INC.                         TABLE 56
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE
<TABLE>
<CAPTION>

 MARCOTTE FIELD, ROOKS COUNTY, KANSAS                                                  OIL LEASE
   TENGASCO, INC. - OPERATOR   11-T10S-R20W                                            PROVED
     CROFFOOT -B-   (ARBUCKLE)                                                         PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>        <C>      <C>          <C>          <C>        <C>        <C>            <C>
 INITIAL -   1.000000  0.820313                         26.46                               5.00% -       383,404
 FINAL   -   1.000000  0.820313                         26.46                              10.00% -       318,295
 REMARKS -                                                                                 15.00% -       269,930
                                                                                           20.00% -       233,130
                                                                                           25.00% -       204,501
</TABLE>

<TABLE>
<CAPTION>

                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>     <C>               <C>         <C>        <C>              <C>         <C>        <C>       <C>
 2001     6         6,838           0           0           5,609           0           0.000      26.46     0.00
 2002     6         6,521           0           0           5,350           0           0.000      26.46     0.00
 2003     6         6,220           0           0           5,102           0           0.000      26.46     0.00
 2004     6         5,931           0           0           4,865           0           0.000      26.46     0.00
 2005     6         5,657           0           0           4,641           0           0.000      26.46     0.00
 2006     6         5,395           0           0           4,425           0           0.000      26.46     0.00
 2007     6         5,145           0           0           4,221           0           0.000      26.46     0.00
 2008     6         4,907           0           0           4,025           0           0.000      26.46     0.00
 2009     6         4,679           0           0           3,839           0           0.000      26.46     0.00
 2010     6         4,463           0           0           3,661           0           0.000      26.46     0.00
 2011     6         4,257           0           0           3,491           0           0.000      26.46     0.00
 2012     6         4,059           0           0           3,330           0           0.000      26.46     0.00
 2013     6         3,872           0           0           3,176           0           0.000      26.46     0.00
 2014     6         3,692           0           0           3,029           0           0.000      26.46     0.00
 2015     6           896           0           0             735           0           0.000      26.46     0.00

 SUB-TOTAL         72,532           0           0          59,499           0           0.000      26.46     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL             72,532           0           0          59,499           0           0.000      26.46     0.00

 CUMULATIVE       495,518           0           0
 ULTIMATE         568,050           0           0
</TABLE>

<TABLE>
<CAPTION>

                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>          <C>                 <C>           <C>          <C>   <C>             <C>             <C>   <C>
 2001          148,420           0             0            0       148,420         237           0       148,183
 2002          141,549           0             0            0       141,549         227           0       141,322
 2003          134,995           0             0            0       134,995         216           0       134,779
 2004          128,744           0             0            0       128,744         206           0       128,538
 2005          122,784           0             0            0       122,784         196           0       122,588
 2006          117,099           0             0            0       117,099         188           0       116,911
 2007          111,677           0             0            0       111,677         178           0       111,499
 2008          106,506           0             0            0       106,506         171           0       106,335
 2009          101,575           0             0            0       101,575         162           0       101,413
 2010           96,873           0             0            0        96,873         155           0        96,718
 2011           92,387           0             0            0        92,387         148           0        92,239
 2012           88,109           0             0            0        88,109         141           0        87,968
 2013           84,030           0             0            0        84,030         135           0        83,895
 2014           80,140           0             0            0        80,140         128           0        80,012
 2015           19,448           0             0            0        19,448          31           0        19,417

 SUB-TOT     1,574,336           0             0            0     1,574,336       2,519           0     1,571,817
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL       1,574,336           0             0            0     1,574,336       2,519           0     1,571,817
</TABLE>

<TABLE>
<CAPTION>

                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>        <C>                 <C>         <C>         <C>   <C>              <C>           <C>           <C>
 2001         77,088           0           0           0        77,088         71,095        71,095        67,725
 2002         77,088           0           0           0        77,088         64,234       135,329        55,391
 2003         77,088           0           0           0        77,088         57,691       193,020        45,036
 2004         77,088           0           0           0        77,088         51,450       244,470        36,359
 2005         77,088           0           0           0        77,088         45,500       289,970        29,109
 2006         77,088           0           0           0        77,088         39,823       329,793        23,064
 2007         77,088           0           0           0        77,088         34,411       364,204        18,043
 2008         77,088           0           0           0        77,088         29,247       393,451        13,883
 2009         77,088           0           0           0        77,088         24,325       417,776        10,455
 2010         77,088           0           0           0        77,088         19,630       437,406         7,640
 2011         77,088           0           0           0        77,088         15,151       452,557         5,339
 2012         77,088           0           0           0        77,088         10,880       463,437         3,474
 2013         77,088           0           0           0        77,088          6,807       470,244         1,971
 2014         77,088           0           0           0        77,088          2,924       473,168           771
 2015         19,272           0           0           0        19,272            145       473,313            35

 SUBTOT    1,098,504           0           0           0     1,098,504        473,313                     318,295
 REMAIN            0           0           0           0             0              0       473,313             0
 TOTAL     1,098,504           0           0           0     1,098,504        473,313                     318,295
</TABLE>

   LIFE OF EVALUATION IS 14.25 YEARS.
   FINAL PRODUCTION RATE: 297 BBLS/MO


THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                 TENGASCO, INC.                         TABLE 57
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE
<TABLE>
<CAPTION>

 MARCOTTE FIELD, ROOKS COUNTY, KANSAS                                                  OIL LEASE
   TENGASCO, INC. - OPERATOR   11-T10S-R20W                                            PROVED
     CROFFOOT -C-   (ARBUCKLE)                                                         PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>        <C>      <C>          <C>          <C>        <C>        <C>             <C>
 INITIAL -   1.000000  0.806641                         26.46                               5.00% -        10,629
 FINAL   -   1.000000  0.806641                         26.46                              10.00% -         9,703
 REMARKS -                                                                                 15.00% -         8,900
                                                                                           20.00% -         8,201
                                                                                           25.00% -         7,590
</TABLE>

<TABLE>
<CAPTION>

                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>     <C>               <C>         <C>         <C>             <C>         <C>        <C>       <C>
 2001     2           806           0           0             650           0           0.000      26.46     0.00
 2002     2           771           0           0             622           0           0.000      26.46     0.00
 2003     2           740           0           0             597           0           0.000      26.46     0.00
 2004     2           708           0           0             571           0           0.000      26.46     0.00
 2005     2           679           0           0             547           0           0.000      26.46     0.00
 2006     2           650           0           0             525           0           0.000      26.46     0.00
 2007     2            53           0           0              43           0           0.000      26.46     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL          4,407           0           0           3,555           0           0.000      26.46     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL              4,407           0           0           3,555           0           0.000      26.46     0.00

 CUMULATIVE       121,706           0           0
 ULTIMATE         126,113           0           0
</TABLE>

<TABLE>
<CAPTION>

                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>             <C>              <C>           <C>          <C>      <C>            <C>           <C>      <C>
 2001           17,195           0             0            0        17,195          28           0        17,167
 2002           16,472           0             0            0        16,472          26           0        16,446
 2003           15,781           0             0            0        15,781          25           0        15,756
 2004           15,118           0             0            0        15,118          24           0        15,094
 2005           14,483           0             0            0        14,483          23           0        14,460
 2006           13,875           0             0            0        13,875          23           0        13,852
 2007            1,129           0             0            0         1,129           1           0         1,128
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT        94,053           0             0            0        94,053         150           0        93,903
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL          94,053           0             0            0        94,053         150           0        93,903
</TABLE>

<TABLE>
<CAPTION>

                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>           <C>              <C>         <C>         <C>      <C>            <C>           <C>            <C>
 2001         13,512           0           0           0        13,512          3,655         3,655         3,485
 2002         13,512           0           0           0        13,512          2,934         6,589         2,533
 2003         13,512           0           0           0        13,512          2,244         8,833         1,754
 2004         13,512           0           0           0        13,512          1,582        10,415         1,121
 2005         13,512           0           0           0        13,512            948        11,363           609
 2006         13,512           0           0           0        13,512            340        11,703           199
 2007          1,126           0           0           0         1,126              2        11,705             2
 2008              0           0           0           0             0              0        11,705             0
 2009              0           0           0           0             0              0        11,705             0
 2010              0           0           0           0             0              0        11,705             0
 2011              0           0           0           0             0              0        11,705             0
 2012              0           0           0           0             0              0        11,705             0
 2013              0           0           0           0             0              0        11,705             0
 2014              0           0           0           0             0              0        11,705             0
 2015              0           0           0           0             0              0        11,705             0

 SUBTOT       82,198           0           0           0        82,198         11,705                       9,703
 REMAIN            0           0           0           0             0              0        11,705             0
 TOTAL        82,198           0           0           0        82,198         11,705                       9,703
</TABLE>

   LIFE OF EVALUATION IS 6.08 YEARS.
   FINAL PRODUCTION RATE: 53 BBLS/MO


THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

[LOGO OMITTED]  RYDER SCOTT COMPANY
                ---------------------
                PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                        TABLE 58
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>
 MARCOTTE FIELD, ROOKS COUNTY, KANSAS                                                  OIL LEASE
   TENGASCO, INC. - OPERATOR   17-T10S-R19W                                            PROVED
     DICK   (ARBUCKLE)                                                                 PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.   PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL.     $/BBL.      $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>      <C>           <C>            <C>
 INITIAL -   1.000000  0.875000                         26.46                               5.00% -       285,812
 FINAL   -   1.000000  0.875000                         26.46                              10.00% -       209,550
 REMARKS -                                                                                 15.00% -       163,778
                                                                                           20.00% -       133,915
                                                                                           25.00% -       113,112
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>      <C>              <C>         <C>        <C>              <C>         <C>        <C>       <C>
 2001     2         2,013           0           0           1,762           0           0.000      26.46     0.00
 2002     2         1,929           0           0           1,687           0           0.000      26.46     0.00
 2003     2         1,847           0           0           1,617           0           0.000      26.46     0.00
 2004     2         1,770           0           0           1,549           0           0.000      26.46     0.00
 2005     2         1,696           0           0           1,483           0           0.000      26.46     0.00
 2006     2         1,625           0           0           1,422           0           0.000      26.46     0.00
 2007     2         1,556           0           0           1,361           0           0.000      26.46     0.00
 2008     2         1,491           0           0           1,305           0           0.000      26.46     0.00
 2009     2         1,428           0           0           1,250           0           0.000      26.46     0.00
 2010     2         1,368           0           0           1,197           0           0.000      26.46     0.00
 2011     2         1,311           0           0           1,147           0           0.000      26.46     0.00
 2012     2         1,256           0           0           1,099           0           0.000      26.46     0.00
 2013     2         1,203           0           0           1,052           0           0.000      26.46     0.00
 2014     2         1,152           0           0           1,009           0           0.000      26.46     0.00
 2015     2         1,104           0           0             966           0           0.000      26.46     0.00

 SUB-TOTAL         22,749           0           0          19,906           0           0.000      26.46     0.00
 REMAINDER         12,554           0           0          10,984           0           0.000      26.46     0.00
 TOTAL             35,303           0           0          30,890           0           0.000      26.46     0.00

 CUMULATIVE        54,507           0           0
 ULTIMATE          89,810           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>            <C>               <C>           <C>          <C>     <C>           <C>             <C>     <C>
 2001           46,610           0             0            0        46,610          75           0        46,535
 2002           44,653           0             0            0        44,653          71           0        44,582
 2003           42,777           0             0            0        42,777          68           0        42,709
 2004           40,980           0             0            0        40,980          66           0        40,914
 2005           39,260           0             0            0        39,260          63           0        39,197
 2006           37,610           0             0            0        37,610          60           0        37,550
 2007           36,031           0             0            0        36,031          58           0        35,973
 2008           34,517           0             0            0        34,517          55           0        34,462
 2009           33,068           0             0            0        33,068          53           0        33,015
 2010           31,679           0             0            0        31,679          50           0        31,629
 2011           30,348           0             0            0        30,348          49           0        30,299
 2012           29,074           0             0            0        29,074          47           0        29,027
 2013           27,853           0             0            0        27,853          44           0        27,809
 2014           26,683           0             0            0        26,683          43           0        26,640
 2015           25,562           0             0            0        25,562          41           0        25,521

 SUB-TOT       526,705           0             0            0       526,705         843           0       525,862
 REMAIN        290,639           0             0            0       290,639         465           0       290,174
 TOTAL         817,344           0             0            0       817,344       1,308           0       816,036
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>          <C>               <C>         <C>         <C>     <C>            <C>           <C>           <C>
 2001         12,528           0           0           0        12,528         34,007        34,007        32,384
 2002         12,528           0           0           0        12,528         32,054        66,061        27,631
 2003         12,528           0           0           0        12,528         30,181        96,242        23,551
 2004         12,528           0           0           0        12,528         28,386       124,628        20,051
 2005         12,528           0           0           0        12,528         26,669       151,297        17,052
 2006         12,528           0           0           0        12,528         25,022       176,319        14,483
 2007         12,528           0           0           0        12,528         23,445       199,764        12,284
 2008         12,528           0           0           0        12,528         21,934       221,698        10,404
 2009         12,528           0           0           0        12,528         20,487       242,185         8,796
 2010         12,528           0           0           0        12,528         19,101       261,286         7,423
 2011         12,528           0           0           0        12,528         17,771       279,057         6,252
 2012         12,528           0           0           0        12,528         16,499       295,556         5,255
 2013         12,528           0           0           0        12,528         15,281       310,837         4,405
 2014         12,528           0           0           0        12,528         14,112       324,949         3,683
 2015         12,528           0           0           0        12,528         12,993       337,942         3,070

 Subtot      187,920           0           0           0       187,920        337,942                     196,724
 Remain      201,492           0           0           0       201,492         88,682       426,624        12,826
 Total       389,412           0           0           0       389,412        426,624                     209,550

   LIFE OF EVALUATION IS 31.08 YEARS.
   FINAL PRODUCTION RATE: 45 BBLS/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

[LOGO OMITTED]  RYDER SCOTT COMPANY
                ---------------------
                PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                        TABLE 59
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>
 MCHALE FIELD, ROOKS COUNTY, KANSAS                                                    OIL LEASE
   TENGASCO, INC. - OPERATOR   17-T9S-R18W                                             PROVED
     HARRISON -A-   (ARBUCKLE)                                                         PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>      <C>           <C>          <C>
 INITIAL -   1.000000  0.875000                         26.46                               5.00% -     1,073,723
 FINAL   -   1.000000  0.875000                         26.46                              10.00% -       795,182
 REMARKS -                                                                                 15.00% -       626,328
                                                                                           20.00% -       515,128
                                                                                           25.00% -       437,045
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>     <C>               <C>         <C>        <C>              <C>         <C>        <C>       <C>
 2001     5         7,011           0           0           6,135           0           0.000      26.46     0.00
 2002     5         6,626           0           0           5,798           0           0.000      26.46     0.00
 2003     5         6,262           0           0           5,478           0           0.000      26.46     0.00
 2004     5         5,917           0           0           5,178           0           0.000      26.46     0.00
 2005     5         5,591           0           0           4,892           0           0.000      26.46     0.00
 2006     5         5,284           0           0           4,624           0           0.000      26.46     0.00
 2007     5         4,994           0           0           4,369           0           0.000      26.46     0.00
 2008     5         4,719           0           0           4,129           0           0.000      26.46     0.00
 2009     5         4,459           0           0           3,902           0           0.000      26.46     0.00
 2010     5         4,214           0           0           3,687           0           0.000      26.46     0.00
 2011     5         3,982           0           0           3,485           0           0.000      26.46     0.00
 2012     5         3,763           0           0           3,292           0           0.000      26.46     0.00
 2013     5         3,556           0           0           3,112           0           0.000      26.46     0.00
 2014     5         3,361           0           0           2,941           0           0.000      26.46     0.00
 2015     5         3,176           0           0           2,779           0           0.000      26.46     0.00

 SUB-TOTAL         72,915           0           0          63,801           0           0.000      26.46     0.00
 REMAINDER         33,511           0           0          29,322           0           0.000      26.46     0.00
 TOTAL            106,426           0           0          93,123           0           0.000      26.46     0.00

 CUMULATIVE       244,822           0           0
 ULTIMATE         351,248           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>          <C>                 <C>           <C>          <C>   <C>             <C>             <C>   <C>
 2001          162,333           0             0            0       162,333         260           0       162,073
 2002          153,404           0             0            0       153,404         245           0       153,159
 2003          144,967           0             0            0       144,967         232           0       144,735
 2004          136,994           0             0            0       136,994         219           0       136,775
 2005          129,459           0             0            0       129,459         207           0       129,252
 2006          122,339           0             0            0       122,339         196           0       122,143
 2007          115,610           0             0            0       115,610         185           0       115,425
 2008          109,252           0             0            0       109,252         175           0       109,077
 2009          103,243           0             0            0       103,243         165           0       103,078
 2010           97,565           0             0            0        97,565         156           0        97,409
 2011           92,198           0             0            0        92,198         148           0        92,050
 2012           87,128           0             0            0        87,128         139           0        86,989
 2013           82,335           0             0            0        82,335         132           0        82,203
 2014           77,807           0             0            0        77,807         124           0        77,683
 2015           73,528           0             0            0        73,528         118           0        73,410

 SUB-TOT     1,688,162           0             0            0     1,688,162       2,701           0     1,685,461
 REMAIN        775,861           0             0            0       775,861       1,241           0       774,620
 TOTAL       2,464,023           0             0            0     2,464,023       3,942           0     2,460,081
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>          <C>               <C>         <C>         <C>     <C>          <C>           <C>             <C>
 2001         27,540           0           0           0        27,540        134,533       134,533       128,123
 2002         27,540           0           0           0        27,540        125,619       260,152       108,294
 2003         27,540           0           0           0        27,540        117,195       377,347        91,456
 2004         27,540           0           0           0        27,540        109,235       486,582        77,165
 2005         27,540           0           0           0        27,540        101,712       588,294        65,041
 2006         27,540           0           0           0        27,540         94,603       682,897        54,761
 2007         27,540           0           0           0        27,540         87,885       770,782        46,051
 2008         27,540           0           0           0        27,540         81,537       852,319        38,675
 2009         27,540           0           0           0        27,540         75,538       927,857        32,434
 2010         27,540           0           0           0        27,540         69,869       997,726        27,156
 2011         27,540           0           0           0        27,540         64,510     1,062,236        22,698
 2012         27,540           0           0           0        27,540         59,449     1,121,685        18,934
 2013         27,540           0           0           0        27,540         54,663     1,176,348        15,760
 2014         27,540           0           0           0        27,540         50,143     1,226,491        13,087
 2015         27,540           0           0           0        27,540         45,870     1,272,361        10,837

 SUBTOT      413,100           0           0           0       413,100      1,272,361                     750,472
 REMAIN      463,590           0           0           0       463,590        311,030     1,583,391        44,710
 TOTAL       876,690           0           0           0       876,690      1,583,391                     795,182

   LIFE OF EVALUATION IS 31.83 YEARS.
   FINAL PRODUCTION RATE: 99 BBLS/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

[LOGO OMITTED]  RYDER SCOTT COMPANY
                ---------------------
                PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                        TABLE 60
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>
 MCHALE FIELD, ROOKS COUNTY, KANSAS                                                    OIL LEASE
   TENGASCO, INC. - OPERATOR   17-T9S-R18W                                             PROVED
     HILGERS -B-   (ARBUCKLE)                                                          PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>      <C>           <C>             <C>
 INITIAL -   1.000000  0.875000                         26.46                               5.00% -        94,977
 FINAL   -   1.000000  0.875000                         26.46                              10.00% -        81,414
 REMARKS -                                                                                 15.00% -        70,876
                                                                                           20.00% -        62,540
                                                                                           25.00% -        55,834
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>     <C>               <C>         <C>        <C>              <C>         <C>        <C>       <C>
 2001     3         1,652           0           0           1,446           0           0.000      26.46     0.00
 2002     3         1,513           0           0           1,323           0           0.000      26.46     0.00
 2003     3         1,390           0           0           1,216           0           0.000      26.46     0.00
 2004     3         1,282           0           0           1,122           0           0.000      26.46     0.00
 2005     3         1,187           0           0           1,039           0           0.000      26.46     0.00
 2006     3         1,102           0           0             964           0           0.000      26.46     0.00
 2007     3         1,025           0           0             897           0           0.000      26.46     0.00
 2008     3           958           0           0             838           0           0.000      26.46     0.00
 2009     3           896           0           0             785           0           0.000      26.46     0.00
 2010     3           841           0           0             735           0           0.000      26.46     0.00
 2011     3           790           0           0             691           0           0.000      26.46     0.00
 2012     3           744           0           0             651           0           0.000      26.46     0.00
 2013     3           238           0           0             209           0           0.000      26.46     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL         13,618           0           0          11,916           0           0.000      26.46     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL             13,618           0           0          11,916           0           0.000      26.46     0.00

 CUMULATIVE       214,967           0           0
 ULTIMATE         228,585           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>            <C>               <C>           <C>          <C>     <C>             <C>           <C>     <C>
 2001           38,251           0             0            0        38,251          61           0        38,190
 2002           35,017           0             0            0        35,017          56           0        34,961
 2003           32,183           0             0            0        32,183          52           0        32,131
 2004           29,688           0             0            0        29,688          47           0        29,641
 2005           27,478           0             0            0        27,478          44           0        27,434
 2006           25,510           0             0            0        25,510          41           0        25,469
 2007           23,751           0             0            0        23,751          38           0        23,713
 2008           22,172           0             0            0        22,172          35           0        22,137
 2009           20,747           0             0            0        20,747          34           0        20,713
 2010           19,459           0             0            0        19,459          31           0        19,428
 2011           18,290           0             0            0        18,290          29           0        18,261
 2012           17,226           0             0            0        17,226          28           0        17,198
 2013            5,521           0             0            0         5,521           8           0         5,513
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT       315,293           0             0            0       315,293         504           0       314,789
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL         315,293           0             0            0       315,293         504           0       314,789
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>          <C>               <C>         <C>         <C>     <C>            <C>           <C>            <C>
 2001         16,380           0           0           0        16,380         21,810        21,810        20,786
 2002         16,380           0           0           0        16,380         18,581        40,391        16,031
 2003         16,380           0           0           0        16,380         15,751        56,142        12,302
 2004         16,380           0           0           0        16,380         13,261        69,403         9,376
 2005         16,380           0           0           0        16,380         11,054        80,457         7,075
 2006         16,380           0           0           0        16,380          9,089        89,546         5,267
 2007         16,380           0           0           0        16,380          7,333        96,879         3,847
 2008         16,380           0           0           0        16,380          5,757       102,636         2,735
 2009         16,380           0           0           0        16,380          4,333       106,969         1,864
 2010         16,380           0           0           0        16,380          3,048       110,017         1,188
 2011         16,380           0           0           0        16,380          1,881       111,898           664
 2012         16,380           0           0           0        16,380            818       112,716           263
 2013          5,460           0           0           0         5,460             53       112,769            16
 2014              0           0           0           0             0              0       112,769             0
 2015              0           0           0           0             0              0       112,769             0

 SUBTOT      202,020           0           0           0       202,020        112,769                      81,414
 REMAIN            0           0           0           0             0              0       112,769             0
 TOTAL       202,020           0           0           0       202,020        112,769                      81,414

   LIFE OF EVALUATION IS 12.33 YEARS.
   FINAL PRODUCTION RATE: 59 BBLS/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

[LOGO OMITTED]  RYDER SCOTT COMPANY
                ---------------------
                PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                        TABLE 61
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>
 MCHALE FIELD, ROOKS COUNTY, KANSAS                                                    OIL LEASE
   TENGASCO, INC. - OPERATOR   16-T9S-R18W                                             PROVED
     KABA #1   (ARBUCKLE-LANSING-T)                                                    PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>     <C>            <C>                  <C>
 INITIAL -   1.000000                                                                       5.00% -             0
 FINAL   -   1.000000                                                                      10.00% -             0
 REMARKS -                                                                                 15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>   <C>          <C>              <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2001                   0           0           0               0           0           0.000       0.00     0.00
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE        23,555           0           0
 ULTIMATE          23,555           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2001                0           0             0            0             0           0           0             0
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2001              0           0           0           0             0              0             0             0
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0 BBLS/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

[LOGO OMITTED]  RYDER SCOTT COMPANY
                ---------------------
                PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                        TABLE 62
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>
 OMLOR FIELD, STAFFORD COUNTY, KANSAS                                                  OIL LEASE
   TENGASCO, INC. - OPERATOR   11-T22S-R14W                                            PROVED
     MILLER   (KSSC-LNSG)                                                              PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>     <C>            <C>             <C>
 INITIAL -   0.875000  0.708801                         26.46                               5.00% -        26,556
 FINAL   -   0.875000  0.708801                         26.46                              10.00% -        21,641
 REMARKS -                                                                                 15.00% -        18,091
                                                                                           20.00% -        15,451
                                                                                           25.00% -        13,437
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>      <C>              <C>         <C>         <C>             <C>         <C>        <C>       <C>
 2001     1           644           0           0             456           0           0.000      26.46     0.00
 2002     1           624           0           0             443           0           0.000      26.46     0.00
 2003     1           606           0           0             429           0           0.000      26.46     0.00
 2004     1           588           0           0             417           0           0.000      26.46     0.00
 2005     1           570           0           0             404           0           0.000      26.46     0.00
 2006     1           553           0           0             392           0           0.000      26.46     0.00
 2007     1           536           0           0             380           0           0.000      26.46     0.00
 2008     1           520           0           0             369           0           0.000      26.46     0.00
 2009     1           505           0           0             357           0           0.000      26.46     0.00
 2010     1           489           0           0             347           0           0.000      26.46     0.00
 2011     1           475           0           0             337           0           0.000      26.46     0.00
 2012     1           461           0           0             326           0           0.000      26.46     0.00
 2013     1           447           0           0             317           0           0.000      26.46     0.00
 2014     1           433           0           0             307           0           0.000      26.46     0.00
 2015     1           420           0           0             298           0           0.000      26.46     0.00

 SUB-TOTAL          7,871           0           0           5,579           0           0.000      26.46     0.00
 REMAINDER            273           0           0             194           0           0.000      26.46     0.00
 TOTAL              8,144           0           0           5,773           0           0.000      26.46     0.00

 CUMULATIVE        32,594           0           0
 ULTIMATE          40,738           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>            <C>               <C>           <C>          <C>     <C>             <C>           <C>     <C>
 2001           12,076           0             0            0        12,076          19           0        12,057
 2002           11,713           0             0            0        11,713          19           0        11,694
 2003           11,362           0             0            0        11,362          18           0        11,344
 2004           11,021           0             0            0        11,021          18           0        11,003
 2005           10,691           0             0            0        10,691          17           0        10,674
 2006           10,369           0             0            0        10,369          17           0        10,352
 2007           10,059           0             0            0        10,059          16           0        10,043
 2008            9,757           0             0            0         9,757          15           0         9,742
 2009            9,464           0             0            0         9,464          15           0         9,449
 2010            9,181           0             0            0         9,181          15           0         9,166
 2011            8,905           0             0            0         8,905          14           0         8,891
 2012            8,637           0             0            0         8,637          14           0         8,623
 2013            8,379           0             0            0         8,379          14           0         8,365
 2014            8,127           0             0            0         8,127          13           0         8,114
 2015            7,884           0             0            0         7,884          12           0         7,872

 SUB-TOT       147,625           0             0            0       147,625         236           0       147,389
 REMAIN          5,123           0             0            0         5,123           8           0         5,115
 TOTAL         152,748           0             0            0       152,748         244           0       152,504
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>          <C>               <C>         <C>         <C>     <C>             <C>           <C>           <C>
 2001          7,592           0           0           0         7,592          4,465         4,465         4,253
 2002          7,591           0           0           0         7,591          4,103         8,568         3,537
 2003          7,592           0           0           0         7,592          3,752        12,320         2,929
 2004          7,591           0           0           0         7,591          3,412        15,732         2,411
 2005          7,592           0           0           0         7,592          3,082        18,814         1,971
 2006          7,591           0           0           0         7,591          2,761        21,575         1,599
 2007          7,592           0           0           0         7,592          2,451        24,026         1,285
 2008          7,591           0           0           0         7,591          2,151        26,177         1,021
 2009          7,592           0           0           0         7,592          1,857        28,034           797
 2010          7,591           0           0           0         7,591          1,575        29,609           613
 2011          7,592           0           0           0         7,592          1,299        30,908           458
 2012          7,591           0           0           0         7,591          1,032        31,940           329
 2013          7,592           0           0           0         7,592            773        32,713           223
 2014          7,591           0           0           0         7,591            523        33,236           137
 2015          7,592           0           0           0         7,592            280        33,516            67

 SUBTOT      113,873           0           0           0       113,873         33,516                      21,630
 REMAIN        5,061           0           0           0         5,061             54        33,570            11
 TOTAL       118,934           0           0           0       118,934         33,570                      21,641

   LIFE OF EVALUATION IS 15.67 YEARS.
   FINAL PRODUCTION RATE: 34 BBLS/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

[LOGO OMITTED]  RYDER SCOTT COMPANY
                ---------------------
                PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                        TABLE 63
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>
 OMLOR FIELD, STAFFORD COUNTY, KANSAS                                                  OIL LEASE
   TENGASCO, INC. - OPERATOR   11-T22S-R14W                                            PROVED
     WILLIAMS   (KSSC-LNSG)                                                            PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>     <C>            <C>            <C>
 INITIAL -   0.875000  0.715210                         26.46                               5.00% -       221,620
 FINAL   -   0.875000  0.715210                         26.46                              10.00% -       157,556
 REMARKS -                                                                                 15.00% -       120,924
                                                                                           20.00% -        97,758
                                                                                           25.00% -        81,948
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>     <C>               <C>         <C>        <C>              <C>         <C>        <C>       <C>
 2001     2         1,872           0           0           1,339           0           0.000      26.46     0.00
 2002     2         1,811           0           0           1,295           0           0.000      26.46     0.00
 2003     2         1,754           0           0           1,254           0           0.000      26.46     0.00
 2004     2         1,697           0           0           1,215           0           0.000      26.46     0.00
 2005     2         1,644           0           0           1,175           0           0.000      26.46     0.00
 2006     2         1,590           0           0           1,137           0           0.000      26.46     0.00
 2007     2         1,540           0           0           1,102           0           0.000      26.46     0.00
 2008     2         1,490           0           0           1,066           0           0.000      26.46     0.00
 2009     2         1,443           0           0           1,032           0           0.000      26.46     0.00
 2010     2         1,397           0           0             998           0           0.000      26.46     0.00
 2011     2         1,352           0           0             967           0           0.000      26.46     0.00
 2012     2         1,308           0           0             936           0           0.000      26.46     0.00
 2013     2         1,267           0           0             906           0           0.000      26.46     0.00
 2014     2         1,226           0           0             877           0           0.000      26.46     0.00
 2015     2         1,187           0           0             849           0           0.000      26.46     0.00

 SUB-TOTAL         22,578           0           0          16,148           0           0.000      26.46     0.00
 REMAINDER         17,222           0           0          12,317           0           0.000      26.46     0.00
 TOTAL             39,800           0           0          28,465           0           0.000      26.46     0.00

 CUMULATIVE       112,808           0           0
 ULTIMATE         152,608           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>            <C>               <C>           <C>          <C>     <C>           <C>             <C>     <C>
 2001           35,418           0             0            0        35,418          57           0        35,361
 2002           34,284           0             0            0        34,284          55           0        34,229
 2003           33,187           0             0            0        33,187          53           0        33,134
 2004           32,125           0             0            0        32,125          51           0        32,074
 2005           31,097           0             0            0        31,097          50           0        31,047
 2006           30,102           0             0            0        30,102          48           0        30,054
 2007           29,139           0             0            0        29,139          47           0        29,092
 2008           28,206           0             0            0        28,206          45           0        28,161
 2009           27,304           0             0            0        27,304          43           0        27,261
 2010           26,429           0             0            0        26,429          43           0        26,386
 2011           25,585           0             0            0        25,585          41           0        25,544
 2012           24,765           0             0            0        24,765          39           0        24,726
 2013           23,973           0             0            0        23,973          39           0        23,934
 2014           23,206           0             0            0        23,206          37           0        23,169
 2015           22,463           0             0            0        22,463          36           0        22,427

 SUB-TOT       427,283           0             0            0       427,283         684           0       426,599
 REMAIN        325,901           0             0            0       325,901         521           0       325,380
 TOTAL         753,184           0             0            0       753,184       1,205           0       751,979
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>          <C>               <C>         <C>         <C>     <C>            <C>           <C>           <C>
 2001         11,487           0           0           0        11,487         23,874        23,874        22,733
 2002         11,487           0           0           0        11,487         22,742        46,616        19,602
 2003         11,487           0           0           0        11,487         21,647        68,263        16,890
 2004         11,487           0           0           0        11,487         20,587        88,850        14,540
 2005         11,487           0           0           0        11,487         19,560       108,410        12,506
 2006         11,487           0           0           0        11,487         18,567       126,977        10,746
 2007         11,487           0           0           0        11,487         17,605       144,582         9,223
 2008         11,487           0           0           0        11,487         16,674       161,256         7,908
 2009         11,487           0           0           0        11,487         15,774       177,030         6,771
 2010         11,487           0           0           0        11,487         14,899       191,929         5,790
 2011         11,487           0           0           0        11,487         14,057       205,986         4,945
 2012         11,487           0           0           0        11,487         13,239       219,225         4,216
 2013         11,487           0           0           0        11,487         12,447       231,672         3,588
 2014         11,487           0           0           0        11,487         11,682       243,354         3,048
 2015         11,487           0           0           0        11,487         10,940       254,294         2,585

 SUBTOT      172,305           0           0           0       172,305        254,294                     145,091
 REMAIN      230,697           0           0           0       230,697         94,683       348,977        12,465
 TOTAL       403,002           0           0           0       403,002        348,977                     157,556

   LIFE OF EVALUATION IS 35.08 YEARS.
   FINAL PRODUCTION RATE: 51 BBLS/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

[LOGO OMITTED]  RYDER SCOTT COMPANY
                ---------------------
                PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                        TABLE 64
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>
 OTIS-ALBERT FIELD, RUSH COUNTY, KANSAS                                                GAS LEASE
   TENGASCO, INC. - OPERATOR   2-T18S-R16W                                             PROVED
     HARTMAN #1-C   (PENNSYLVANIAN)                                                    PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>     <C>            <C>                  <C>
 INITIAL -   1.000000                                                                       5.00% -             0
 FINAL   -   1.000000                                                                      10.00% -             0
 REMARKS -                                                                                 15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>   <C>               <C>         <C>        <C>              <C>         <C>         <C>         <C>      <C>
 2001                   0           0           0               0           0           0.000       0.00     0.00
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE             0           0          73
 ULTIMATE               0           0          73
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2001                0           0             0            0             0           0           0             0
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2001              0           0           0           0             0              0             0             0
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0.0 MMCF/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

[LOGO OMITTED]  RYDER SCOTT COMPANY
                ---------------------
                PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                        TABLE 65
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>
 PARADISE CREEK FIELD, ROOKS COUNTY, KANSAS                                            OIL LEASE
   TENGASCO, INC. - OPERATOR   21-T9S-R18W                                             PROVED
     STAHL   (ARBUCKLE)                                                                PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>     <C>            <C>            <C>
 INITIAL -   1.000000  0.843750                         26.46                               5.00% -       615,213
 FINAL   -   1.000000  0.843750                         26.46                              10.00% -       464,980
 REMARKS -                                                                                 15.00% -       369,649
                                                                                           20.00% -       305,236
                                                                                           25.00% -       259,374
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>     <C>               <C>         <C>        <C>              <C>         <C>        <C>       <C>
 2001     4         5,758           0           0           4,858           0           0.000      26.46     0.00
 2002     4         5,539           0           0           4,674           0           0.000      26.46     0.00
 2003     4         5,328           0           0           4,495           0           0.000      26.46     0.00
 2004     4         5,125           0           0           4,324           0           0.000      26.46     0.00
 2005     4         4,929           0           0           4,160           0           0.000      26.46     0.00
 2006     4         4,742           0           0           4,000           0           0.000      26.46     0.00
 2007     4         4,561           0           0           3,849           0           0.000      26.46     0.00
 2008     4         4,387           0           0           3,702           0           0.000      26.46     0.00
 2009     4         4,220           0           0           3,560           0           0.000      26.46     0.00
 2010     4         4,060           0           0           3,425           0           0.000      26.46     0.00
 2011     4         3,904           0           0           3,295           0           0.000      26.46     0.00
 2012     4         3,756           0           0           3,169           0           0.000      26.46     0.00
 2013     4         3,613           0           0           3,048           0           0.000      26.46     0.00
 2014     4         3,475           0           0           2,932           0           0.000      26.46     0.00
 2015     4         3,343           0           0           2,821           0           0.000      26.46     0.00

 SUB-TOTAL         66,740           0           0          56,312           0           0.000      26.46     0.00
 REMAINDER         27,902           0           0          23,542           0           0.000      26.46     0.00
 TOTAL             94,642           0           0          79,854           0           0.000      26.46     0.00

 CUMULATIVE       126,990           0           0
 ULTIMATE         221,632           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>          <C>                 <C>           <C>          <C>   <C>             <C>             <C>   <C>
 2001          128,555           0             0            0       128,555         206           0       128,349
 2002          123,658           0             0            0       123,658         198           0       123,460
 2003          118,946           0             0            0       118,946         190           0       118,756
 2004          114,414           0             0            0       114,414         183           0       114,231
 2005          110,055           0             0            0       110,055         176           0       109,879
 2006          105,862           0             0            0       105,862         169           0       105,693
 2007          101,829           0             0            0       101,829         163           0       101,666
 2008           97,949           0             0            0        97,949         157           0        97,792
 2009           94,217           0             0            0        94,217         151           0        94,066
 2010           90,627           0             0            0        90,627         145           0        90,482
 2011           87,175           0             0            0        87,175         139           0        87,036
 2012           83,853           0             0            0        83,853         134           0        83,719
 2013           80,658           0             0            0        80,658         129           0        80,529
 2014           77,585           0             0            0        77,585         125           0        77,460
 2015           74,630           0             0            0        74,630         119           0        74,511

 SUB-TOT     1,490,013           0             0            0     1,490,013       2,384           0     1,487,629
 REMAIN        622,926           0             0            0       622,926         997           0       621,929
 TOTAL       2,112,939           0             0            0     2,112,939       3,381           0     2,109,558
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>        <C>                 <C>         <C>         <C>   <C>              <C>           <C>           <C>
 2001         48,936           0           0           0        48,936         79,413        79,413        75,626
 2002         48,936           0           0           0        48,936         74,524       153,937        64,243
 2003         48,936           0           0           0        48,936         69,820       223,757        54,485
 2004         48,936           0           0           0        48,936         65,295       289,052        46,124
 2005         48,936           0           0           0        48,936         60,943       349,995        38,970
 2006         48,936           0           0           0        48,936         56,757       406,752        32,853
 2007         48,936           0           0           0        48,936         52,730       459,482        27,630
 2008         48,936           0           0           0        48,936         48,856       508,338        23,175
 2009         48,936           0           0           0        48,936         45,130       553,468        19,378
 2010         48,936           0           0           0        48,936         41,546       595,014        16,149
 2011         48,936           0           0           0        48,936         38,100       633,114        13,406
 2012         48,936           0           0           0        48,936         34,783       667,897        11,079
 2013         48,936           0           0           0        48,936         31,593       699,490         9,110
 2014         48,936           0           0           0        48,936         28,524       728,014         7,445
 2015         48,936           0           0           0        48,936         25,575       753,589         6,043

 SUBTOT      734,040           0           0           0       734,040        753,589                     445,716
 REMAIN      505,672           0           0           0       505,672        116,257       869,846        19,264
 TOTAL     1,239,712           0           0           0     1,239,712        869,846                     464,980

   LIFE OF EVALUATION IS 25.33 YEARS.
   FINAL PRODUCTION RATE: 183 BBLS/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

[LOGO OMITTED]  RYDER SCOTT COMPANY
                ---------------------
                PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                        TABLE 66
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>
 PARADISE CREEK FIELD, ROOKS COUNTY, KANSAS                                            OIL LEASE
   TENGASCO, INC. - OPERATOR   21-T9S-R18W                                             PROVED
     STAHL #7 PUD   (ARBUCKLE)                                                         UNDEVELOPED


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>     <C>            <C>            <C>
 INITIAL -   1.000000  0.843750                         26.46                               5.00% -       371,550
 FINAL   -   1.000000  0.843750                         26.46                              10.00% -       252,216
 REMARKS -                                                                                 15.00% -       181,966
                                                                                           20.00% -       136,840
                                                                                           25.00% -       105,833
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>      <C>              <C>         <C>        <C>              <C>         <C>        <C>       <C>
 2001     1         3,426           0           0           2,891           0           0.000      26.46     0.00
 2002     1         3,228           0           0           2,723           0           0.000      26.46     0.00
 2003     1         2,607           0           0           2,200           0           0.000      26.46     0.00
 2004     1         2,484           0           0           2,096           0           0.000      26.46     0.00
 2005     1         2,367           0           0           1,997           0           0.000      26.46     0.00
 2006     1         2,255           0           0           1,903           0           0.000      26.46     0.00
 2007     1         2,149           0           0           1,813           0           0.000      26.46     0.00
 2008     1         2,047           0           0           1,727           0           0.000      26.46     0.00
 2009     1         1,951           0           0           1,646           0           0.000      26.46     0.00
 2010     1         1,858           0           0           1,568           0           0.000      26.46     0.00
 2011     1         1,771           0           0           1,494           0           0.000      26.46     0.00
 2012     1         1,687           0           0           1,424           0           0.000      26.46     0.00
 2013     1         1,608           0           0           1,356           0           0.000      26.46     0.00
 2014     1         1,532           0           0           1,293           0           0.000      26.46     0.00
 2015     1         1,459           0           0           1,231           0           0.000      26.46     0.00

 SUB-TOTAL         32,429           0           0          27,362           0           0.000      26.46     0.00
 REMAINDER         14,571           0           0          12,295           0           0.000      26.46     0.00
 TOTAL             47,000           0           0          39,657           0           0.000      26.46     0.00

 CUMULATIVE             0           0           0
 ULTIMATE          47,000           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>          <C>                 <C>           <C>          <C>   <C>             <C>             <C>   <C>
 2001           76,487           0             0            0        76,487         122           0        76,365
 2002           72,069           0             0            0        72,069         116           0        71,953
 2003           58,205           0             0            0        58,205          93           0        58,112
 2004           55,458           0             0            0        55,458          89           0        55,369
 2005           52,841           0             0            0        52,841          84           0        52,757
 2006           50,346           0             0            0        50,346          81           0        50,265
 2007           47,970           0             0            0        47,970          76           0        47,894
 2008           45,706           0             0            0        45,706          74           0        45,632
 2009           43,549           0             0            0        43,549          69           0        43,480
 2010           41,493           0             0            0        41,493          67           0        41,426
 2011           39,535           0             0            0        39,535          63           0        39,472
 2012           37,668           0             0            0        37,668          60           0        37,608
 2013           35,891           0             0            0        35,891          58           0        35,833
 2014           34,197           0             0            0        34,197          54           0        34,143
 2015           32,582           0             0            0        32,582          52           0        32,530

 SUB-TOT       723,997           0             0            0       723,997       1,158           0       722,839
 REMAIN        325,317           0             0            0       325,317         521           0       324,796
 TOTAL       1,049,314           0             0            0     1,049,314       1,679           0     1,047,635
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>          <C>               <C>   <C>               <C>     <C>            <C>           <C>           <C>
 2001          6,120           0     100,000           0       106,120        -29,755       -29,755       -29,381
 2002         12,240           0           0           0        12,240         59,713        29,958        51,791
 2003         12,240           0           0           0        12,240         45,872        75,830        35,795
 2004         12,240           0           0           0        12,240         43,129       118,959        30,464
 2005         12,240           0           0           0        12,240         40,517       159,476        25,907
 2006         12,240           0           0           0        12,240         38,025       197,501        22,009
 2007         12,240           0           0           0        12,240         35,654       233,155        18,681
 2008         12,240           0           0           0        12,240         33,392       266,547        15,838
 2009         12,240           0           0           0        12,240         31,240       297,787        13,412
 2010         12,240           0           0           0        12,240         29,186       326,973        11,343
 2011         12,240           0           0           0        12,240         27,232       354,205         9,581
 2012         12,240           0           0           0        12,240         25,368       379,573         8,079
 2013         12,240           0           0           0        12,240         23,593       403,166         6,801
 2014         12,240           0           0           0        12,240         21,903       425,069         5,716
 2015         12,240           0           0           0        12,240         20,290       445,359         4,793

 SUBTOT      177,480           0     100,000           0       277,480        445,359                     230,829
 REMAIN      172,758           0           0           0       172,758        152,038       597,397        21,387
 TOTAL       350,238           0     100,000           0       450,238        597,397                     252,216

   LIFE OF EVALUATION IS 29.11 YEARS.
   FINAL PRODUCTION RATE: 60 BBLS/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

[LOGO OMITTED]  RYDER SCOTT COMPANY
                ---------------------
                PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                        TABLE 67
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>
 PAWNEE ROCK FIELD, PAWNEE COUNTY, KANSAS                                              OIL LEASE
   TENGASCO, INC. - OPERATOR   13-T20S-R16W                                            PROVED
     O'SCHULTZ #1   (ARBUCKLE)                                                         PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>     <C>            <C>            <C>
 INITIAL -   0.937500  0.820313                         26.46                               5.00% -       108,148
 FINAL   -   0.937500  0.820313                         26.46                              10.00% -        93,723
 REMARKS -                                                                                 15.00% -        82,293
                                                                                           20.00% -        73,100
                                                                                           25.00% -        65,603
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>      <C>              <C>         <C>        <C>              <C>         <C>        <C>       <C>
 2001     2         2,001           0           0           1,642           0           0.000      26.46     0.00
 2002     2         1,818           0           0           1,491           0           0.000      26.46     0.00
 2003     2         1,655           0           0           1,357           0           0.000      26.46     0.00
 2004     2         1,508           0           0           1,238           0           0.000      26.46     0.00
 2005     2         1,379           0           0           1,131           0           0.000      26.46     0.00
 2006     2         1,262           0           0           1,035           0           0.000      26.46     0.00
 2007     2         1,157           0           0             949           0           0.000      26.46     0.00
 2008     2         1,062           0           0             871           0           0.000      26.46     0.00
 2009     2           978           0           0             802           0           0.000      26.46     0.00
 2010     2           901           0           0             739           0           0.000      26.46     0.00
 2011     2           831           0           0             682           0           0.000      26.46     0.00
 2012     2            66           0           0              55           0           0.000      26.46     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL         14,618           0           0          11,992           0           0.000      26.46     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL             14,618           0           0          11,992           0           0.000      26.46     0.00

 CUMULATIVE        44,234           0           0
 ULTIMATE          58,852           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>            <C>               <C>           <C>          <C>     <C>             <C>           <C>     <C>
 2001           43,443           0             0            0        43,443          70           0        43,373
 2002           39,457           0             0            0        39,457          63           0        39,394
 2003           35,910           0             0            0        35,910          57           0        35,853
 2004           32,747           0             0            0        32,747          52           0        32,695
 2005           29,919           0             0            0        29,919          48           0        29,871
 2006           27,387           0             0            0        27,387          44           0        27,343
 2007           25,112           0             0            0        25,112          40           0        25,072
 2008           23,066           0             0            0        23,066          37           0        23,029
 2009           21,220           0             0            0        21,220          34           0        21,186
 2010           19,553           0             0            0        19,553          32           0        19,521
 2011           18,044           0             0            0        18,044          28           0        18,016
 2012            1,440           0             0            0         1,440           3           0         1,437
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT       317,298           0             0            0       317,298         508           0       316,790
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL         317,298           0             0            0       317,298         508           0       316,790
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>          <C>               <C>         <C>         <C>     <C>            <C>           <C>            <C>
 2001         17,156           0           0           0        17,156         26,217        26,217        24,987
 2002         17,157           0           0           0        17,157         22,237        48,454        19,186
 2003         17,156           0           0           0        17,156         18,697        67,151        14,604
 2004         17,156           0           0           0        17,156         15,539        82,690        10,988
 2005         17,156           0           0           0        17,156         12,715        95,405         8,139
 2006         17,157           0           0           0        17,157         10,186       105,591         5,905
 2007         17,156           0           0           0        17,156          7,916       113,507         4,154
 2008         17,156           0           0           0        17,156          5,873       119,380         2,792
 2009         17,156           0           0           0        17,156          4,030       123,410         1,735
 2010         17,157           0           0           0        17,157          2,364       125,774           924
 2011         17,156           0           0           0        17,156            860       126,634           306
 2012          1,429           0           0           0         1,429              8       126,642             3
 2013              0           0           0           0             0              0       126,642             0
 2014              0           0           0           0             0              0       126,642             0
 2015              0           0           0           0             0              0       126,642             0

 SUBTOT      190,148           0           0           0       190,148        126,642                      93,723
 REMAIN            0           0           0           0             0              0       126,642             0
 TOTAL       190,148           0           0           0       190,148        126,642                      93,723

   LIFE OF EVALUATION IS 11.08 YEARS.
   FINAL PRODUCTION RATE: 66 BBLS/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

[LOGO OMITTED]  RYDER SCOTT COMPANY
                ---------------------
                PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                        TABLE 68
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>
 PAWNEE ROCK FIELD, PAWNEE COUNTY, KANSAS                                              OIL LEASE
   TENGASCO, INC. - OPERATOR   24-T20S-R16W                                            PROVED
     OETKIN   (ARBUCKLE)                                                               PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>     <C>            <C>             <C>
 INITIAL -   0.937500  0.794678                         26.46                               5.00% -        84,680
 FINAL   -   0.937500  0.794678                         26.46                              10.00% -        74,768
 REMARKS -                                                                                 15.00% -        66,640
                                                                                           20.00% -        59,905
                                                                                           25.00% -        54,272
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>     <C>               <C>         <C>        <C>              <C>         <C>        <C>       <C>
 2001     2         2,352           0           0           1,869           0           0.000      26.46     0.00
 2002     2         2,187           0           0           1,738           0           0.000      26.46     0.00
 2003     2         2,034           0           0           1,616           0           0.000      26.46     0.00
 2004     2         1,892           0           0           1,504           0           0.000      26.46     0.00
 2005     2         1,759           0           0           1,398           0           0.000      26.46     0.00
 2006     2         1,636           0           0           1,300           0           0.000      26.46     0.00
 2007     2         1,522           0           0           1,209           0           0.000      26.46     0.00
 2008     2         1,415           0           0           1,125           0           0.000      26.46     0.00
 2009     2         1,210           0           0             961           0           0.000      26.46     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL         16,007           0           0          12,720           0           0.000      26.46     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL             16,007           0           0          12,720           0           0.000      26.46     0.00

 CUMULATIVE       116,991           0           0
 ULTIMATE         132,998           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>            <C>               <C>           <C>          <C>     <C>             <C>           <C>     <C>
 2001           49,452           0             0            0        49,452          79           0        49,373
 2002           45,990           0             0            0        45,990          74           0        45,916
 2003           42,770           0             0            0        42,770          68           0        42,702
 2004           39,777           0             0            0        39,777          64           0        39,713
 2005           36,992           0             0            0        36,992          59           0        36,933
 2006           34,403           0             0            0        34,403          55           0        34,348
 2007           31,995           0             0            0        31,995          51           0        31,944
 2008           29,755           0             0            0        29,755          48           0        29,707
 2009           25,442           0             0            0        25,442          41           0        25,401
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT       336,576           0             0            0       336,576         539           0       336,037
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL         336,576           0             0            0       336,576         539           0       336,037
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>          <C>               <C>         <C>         <C>     <C>             <C>           <C>           <C>
 2001         26,820           0           0           0        26,820         22,553        22,553        21,494
 2002         26,820           0           0           0        26,820         19,096        41,649        16,477
 2003         26,820           0           0           0        26,820         15,882        57,531        12,407
 2004         26,820           0           0           0        26,820         12,893        70,424         9,119
 2005         26,820           0           0           0        26,820         10,113        80,537         6,477
 2006         26,820           0           0           0        26,820          7,528        88,065         4,367
 2007         26,820           0           0           0        26,820          5,124        93,189         2,693
 2008         26,820           0           0           0        26,820          2,887        96,076         1,377
 2009         24,585           0           0           0        24,585            816        96,892           357
 2010              0           0           0           0             0              0        96,892             0
 2011              0           0           0           0             0              0        96,892             0
 2012              0           0           0           0             0              0        96,892             0
 2013              0           0           0           0             0              0        96,892             0
 2014              0           0           0           0             0              0        96,892             0
 2015              0           0           0           0             0              0        96,892             0

 SUBTOT      239,145           0           0           0       239,145         96,892                      74,768
 REMAIN            0           0           0           0             0              0        96,892             0
 TOTAL       239,145           0           0           0       239,145         96,892                      74,768

   LIFE OF EVALUATION IS 8.92 YEARS.
   FINAL PRODUCTION RATE: 107 BBLS/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

[LOGO OMITTED]  RYDER SCOTT COMPANY
                ---------------------
                PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                        TABLE 69
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>
 PAWNEE ROCK FIELD, PAWNEE COUNTY, KANSAS                                              OIL LEASE
   TENGASCO, INC. - OPERATOR   24-T20S-R16W                                            PROBABLE
     OETKIN #8 PBUD   (ARBUCKLE)                                                       UNDEVELOPED


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>     <C>            <C>             <C>
 INITIAL -   0.937500  0.794678                         26.46                               5.00% -        68,408
 FINAL   -   0.937500  0.794678                         26.46                              10.00% -        41,606
 REMARKS -                                                                                 15.00% -        23,287
                                                                                           20.00% -        10,374
                                                                                           25.00% -         1,027
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>      <C>              <C>         <C>        <C>              <C>         <C>        <C>       <C>
 2001     1         2,029           0           0           1,612           0           0.000      26.46     0.00
 2002     1         1,910           0           0           1,518           0           0.000      26.46     0.00
 2003     1         1,536           0           0           1,221           0           0.000      26.46     0.00
 2004     1         1,456           0           0           1,157           0           0.000      26.46     0.00
 2005     1         1,380           0           0           1,097           0           0.000      26.46     0.00
 2006     1         1,309           0           0           1,040           0           0.000      26.46     0.00
 2007     1         1,241           0           0             986           0           0.000      26.46     0.00
 2008     1         1,176           0           0             935           0           0.000      26.46     0.00
 2009     1         1,115           0           0             886           0           0.000      26.46     0.00
 2010     1         1,057           0           0             840           0           0.000      26.46     0.00
 2011     1         1,002           0           0             796           0           0.000      26.46     0.00
 2012     1           950           0           0             755           0           0.000      26.46     0.00
 2013     1           901           0           0             716           0           0.000      26.46     0.00
 2014     1           854           0           0             678           0           0.000      26.46     0.00
 2015     1           809           0           0             644           0           0.000      26.46     0.00

 SUB-TOTAL         18,725           0           0          14,881           0           0.000      26.46     0.00
 REMAINDER          1,275           0           0           1,012           0           0.000      26.46     0.00
 TOTAL             20,000           0           0          15,893           0           0.000      26.46     0.00

 CUMULATIVE             0           0           0
 ULTIMATE          20,000           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>            <C>               <C>           <C>          <C>     <C>             <C>           <C>     <C>
 2001           42,654           0             0            0        42,654          68           0        42,586
 2002           40,170           0             0            0        40,170          65           0        40,105
 2003           32,297           0             0            0        32,297          51           0        32,246
 2004           30,618           0             0            0        30,618          49           0        30,569
 2005           29,027           0             0            0        29,027          47           0        28,980
 2006           27,518           0             0            0        27,518          44           0        27,474
 2007           26,088           0             0            0        26,088          41           0        26,047
 2008           24,732           0             0            0        24,732          40           0        24,692
 2009           23,446           0             0            0        23,446          37           0        23,409
 2010           22,227           0             0            0        22,227          36           0        22,191
 2011           21,072           0             0            0        21,072          34           0        21,038
 2012           19,977           0             0            0        19,977          32           0        19,945
 2013           18,938           0             0            0        18,938          30           0        18,908
 2014           17,954           0             0            0        17,954          29           0        17,925
 2015           17,020           0             0            0        17,020          27           0        16,993

 SUB-TOT       393,738           0             0            0       393,738         630           0       393,108
 REMAIN         26,797           0             0            0        26,797          43           0        26,754
 TOTAL         420,535           0             0            0       420,535         673           0       419,862
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>          <C>               <C>    <C>              <C>     <C>            <C>           <C>            <C>
 2001          6,705           0      93,750           0       100,455        -57,869       -57,869       -55,429
 2002         13,410           0           0           0        13,410         26,695       -31,174        23,192
 2003         13,410           0           0           0        13,410         18,836       -12,338        14,701
 2004         13,410           0           0           0        13,410         17,159         4,821        12,124
 2005         13,410           0           0           0        13,410         15,570        20,391         9,959
 2006         13,410           0           0           0        13,410         14,064        34,455         8,143
 2007         13,410           0           0           0        13,410         12,637        47,092         6,623
 2008         13,410           0           0           0        13,410         11,282        58,374         5,353
 2009         13,410           0           0           0        13,410          9,999        68,373         4,295
 2010         13,410           0           0           0        13,410          8,781        77,154         3,415
 2011         13,410           0           0           0        13,410          7,628        84,782         2,685
 2012         13,410           0           0           0        13,410          6,535        91,317         2,083
 2013         13,410           0           0           0        13,410          5,498        96,815         1,586
 2014         13,410           0           0           0        13,410          4,515       101,330         1,180
 2015         13,410           0           0           0        13,410          3,583       104,913           848

 SUBTOT      194,445           0      93,750           0       288,195        104,913                      40,758
 REMAIN       22,680           0           0           0        22,680          4,074       108,987           848
 TOTAL       217,125           0      93,750           0       310,875        108,987                      41,606

   LIFE OF EVALUATION IS 16.69 YEARS.
   FINAL PRODUCTION RATE: 60 BBLS/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

[LOGO OMITTED]  RYDER SCOTT COMPANY
                ---------------------
                PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                        TABLE 70
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>
 PLAINVILLE FIELD, ROOKS COUNTY, KANSAS                                                OIL LEASE
   TENGASCO, INC. - OPERATOR   12-T10S-R18W                                            PROVED
     ANDERSON -A-   (LANSING)                                                          PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>     <C>            <C>             <C>
 INITIAL -   1.000000  0.875000                         26.46                               5.00% -        40,523
 FINAL   -   1.000000  0.875000                         26.46                              10.00% -        31,000
 REMARKS -                                                                                 15.00% -        24,683
                                                                                           20.00% -        20,318
                                                                                           25.00% -        17,183
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>      <C>              <C>         <C>         <C>             <C>         <C>        <C>       <C>
 2001     1           373           0           0             327           0           0.000      26.46     0.00
 2002     1           363           0           0             317           0           0.000      26.46     0.00
 2003     1           353           0           0             309           0           0.000      26.46     0.00
 2004     1           343           0           0             300           0           0.000      26.46     0.00
 2005     1           334           0           0             292           0           0.000      26.46     0.00
 2006     1           324           0           0             283           0           0.000      26.46     0.00
 2007     1           314           0           0             276           0           0.000      26.46     0.00
 2008     1           307           0           0             268           0           0.000      26.46     0.00
 2009     1           297           0           0             260           0           0.000      26.46     0.00
 2010     1           289           0           0             253           0           0.000      26.46     0.00
 2011     1           281           0           0             246           0           0.000      26.46     0.00
 2012     1           274           0           0             239           0           0.000      26.46     0.00
 2013     1           265           0           0             233           0           0.000      26.46     0.00
 2014     1           258           0           0             226           0           0.000      26.46     0.00
 2015     1           251           0           0             219           0           0.000      26.46     0.00

 SUB-TOTAL          4,626           0           0           4,048           0           0.000      26.46     0.00
 REMAINDER            261           0           0             228           0           0.000      26.46     0.00
 TOTAL              4,887           0           0           4,276           0           0.000      26.46     0.00

 CUMULATIVE        12,127           0           0
 ULTIMATE          17,014           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>            <C>               <C>           <C>          <C>     <C>             <C>           <C>     <C>
 2001            8,646           0             0            0         8,646          14           0         8,632
 2002            8,404           0             0            0         8,404          13           0         8,391
 2003            8,169           0             0            0         8,169          13           0         8,156
 2004            7,940           0             0            0         7,940          13           0         7,927
 2005            7,717           0             0            0         7,717          12           0         7,705
 2006            7,502           0             0            0         7,502          12           0         7,490
 2007            7,291           0             0            0         7,291          12           0         7,279
 2008            7,088           0             0            0         7,088          11           0         7,077
 2009            6,889           0             0            0         6,889          11           0         6,878
 2010            6,696           0             0            0         6,696          11           0         6,685
 2011            6,508           0             0            0         6,508          11           0         6,497
 2012            6,326           0             0            0         6,326          10           0         6,316
 2013            6,149           0             0            0         6,149          10           0         6,139
 2014            5,977           0             0            0         5,977           9           0         5,968
 2015            5,810           0             0            0         5,810           9           0         5,801

 SUB-TOT       107,112           0             0            0       107,112         171           0       106,941
 REMAIN          6,034           0             0            0         6,034          10           0         6,024
 TOTAL         113,146           0             0            0       113,146         181           0       112,965
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>           <C>              <C>         <C>         <C>      <C>            <C>           <C>           <C>
 2001          3,576           0           0           0         3,576          5,056         5,056         4,814
 2002          3,576           0           0           0         3,576          4,815         9,871         4,151
 2003          3,576           0           0           0         3,576          4,580        14,451         3,573
 2004          3,576           0           0           0         3,576          4,351        18,802         3,073
 2005          3,576           0           0           0         3,576          4,129        22,931         2,640
 2006          3,576           0           0           0         3,576          3,914        26,845         2,265
 2007          3,576           0           0           0         3,576          3,703        30,548         1,940
 2008          3,576           0           0           0         3,576          3,501        34,049         1,661
 2009          3,576           0           0           0         3,576          3,302        37,351         1,417
 2010          3,576           0           0           0         3,576          3,109        40,460         1,209
 2011          3,576           0           0           0         3,576          2,921        43,381         1,027
 2012          3,576           0           0           0         3,576          2,740        46,121           873
 2013          3,576           0           0           0         3,576          2,563        48,684           739
 2014          3,576           0           0           0         3,576          2,392        51,076           624
 2015          3,576           0           0           0         3,576          2,225        53,301           525

 SUBTOT       53,640           0           0           0        53,640         53,301                      30,531
 REMAIN        3,825           0           0           0         3,825          2,199        55,500           469
 TOTAL        57,465           0           0           0        57,465         55,500                      31,000

   LIFE OF EVALUATION IS 16.07 YEARS.
   FINAL PRODUCTION RATE: 20 BBLS/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

[LOGO OMITTED]  RYDER SCOTT COMPANY
                ---------------------
                PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                        TABLE 71
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>
 PLAINVILLE FIELD, ROOKS COUNTY, KANSAS                                                OIL LEASE
   TENGASCO, INC. - OPERATOR   12-T10S-R18W                                            PROVED
     BARDOT #2   (KSSC-LNSG)                                                           PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>     <C>            <C>                  <C>
 INITIAL -   1.000000                                                                       5.00% -             0
 FINAL   -   1.000000                                                                      10.00% -             0
 REMARKS -                                                                                 15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>   <C>          <C>              <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2001                   0           0           0               0           0           0.000       0.00     0.00
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE        25,414           0           0
 ULTIMATE          25,414           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2001                0           0             0            0             0           0           0             0
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2001              0           0           0           0             0              0             0             0
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0 BBLS/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

[LOGO OMITTED]  RYDER SCOTT COMPANY
                ---------------------
                PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                        TABLE 72
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>
 PLAINVILLE FIELD, ROOKS COUNTY, KANSAS                                                OIL LEASE
   TENGASCO, INC. - OPERATOR   18-T10S-R17W                                            PROVED
     GARVERT #1-A   (KANSAS CITY)                                                      PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>     <C>            <C>            <C>
 INITIAL -   1.000000  0.875000                         26.46                               5.00% -       217,266
 FINAL   -   1.000000  0.875000                         26.46                              10.00% -       146,806
 REMARKS -                                                                                 15.00% -       109,898
                                                                                           20.00% -        87,659
                                                                                           25.00% -        72,893
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>      <C>              <C>         <C>        <C>              <C>         <C>        <C>       <C>
 2001     1         1,102           0           0             964           0           0.000      26.46     0.00
 2002     1         1,066           0           0             933           0           0.000      26.46     0.00
 2003     1         1,031           0           0             902           0           0.000      26.46     0.00
 2004     1           998           0           0             873           0           0.000      26.46     0.00
 2005     1           965           0           0             845           0           0.000      26.46     0.00
 2006     1           933           0           0             817           0           0.000      26.46     0.00
 2007     1           904           0           0             790           0           0.000      26.46     0.00
 2008     1           873           0           0             764           0           0.000      26.46     0.00
 2009     1           846           0           0             740           0           0.000      26.46     0.00
 2010     1           817           0           0             715           0           0.000      26.46     0.00
 2011     1           791           0           0             693           0           0.000      26.46     0.00
 2012     1           766           0           0             669           0           0.000      26.46     0.00
 2013     1           740           0           0             648           0           0.000      26.46     0.00
 2014     1           716           0           0             627           0           0.000      26.46     0.00
 2015     1           693           0           0             606           0           0.000      26.46     0.00

 SUB-TOTAL         13,241           0           0          11,586           0           0.000      26.46     0.00
 REMAINDER         11,382           0           0           9,959           0           0.000      26.46     0.00
 TOTAL             24,623           0           0          21,545           0           0.000      26.46     0.00

 CUMULATIVE        28,913           0           0
 ULTIMATE          53,536           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>            <C>               <C>           <C>          <C>     <C>             <C>           <C>     <C>
 2001           25,512           0             0            0        25,512          41           0        25,471
 2002           24,680           0             0            0        24,680          39           0        24,641
 2003           23,876           0             0            0        23,876          39           0        23,837
 2004           23,097           0             0            0        23,097          36           0        23,061
 2005           22,345           0             0            0        22,345          36           0        22,309
 2006           21,616           0             0            0        21,616          35           0        21,581
 2007           20,911           0             0            0        20,911          33           0        20,878
 2008           20,230           0             0            0        20,230          33           0        20,197
 2009           19,570           0             0            0        19,570          31           0        19,539
 2010           18,932           0             0            0        18,932          30           0        18,902
 2011           18,315           0             0            0        18,315          30           0        18,285
 2012           17,718           0             0            0        17,718          28           0        17,690
 2013           17,140           0             0            0        17,140          27           0        17,113
 2014           16,581           0             0            0        16,581          27           0        16,554
 2015           16,041           0             0            0        16,041          26           0        16,015

 SUB-TOT       306,564           0             0            0       306,564         491           0       306,073
 REMAIN        263,509           0             0            0       263,509         421           0       263,088
 TOTAL         570,073           0             0            0       570,073         912           0       569,161
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>          <C>               <C>         <C>         <C>     <C>            <C>           <C>           <C>
 2001          4,800           0           0           0         4,800         20,671        20,671        19,682
 2002          4,800           0           0           0         4,800         19,841        40,512        17,100
 2003          4,800           0           0           0         4,800         19,037        59,549        14,853
 2004          4,800           0           0           0         4,800         18,261        77,810        12,897
 2005          4,800           0           0           0         4,800         17,509        95,319        11,193
 2006          4,800           0           0           0         4,800         16,781       112,100         9,712
 2007          4,800           0           0           0         4,800         16,078       128,178         8,422
 2008          4,800           0           0           0         4,800         15,397       143,575         7,301
 2009          4,800           0           0           0         4,800         14,739       158,314         6,327
 2010          4,800           0           0           0         4,800         14,102       172,416         5,480
 2011          4,800           0           0           0         4,800         13,485       185,901         4,743
 2012          4,800           0           0           0         4,800         12,890       198,791         4,104
 2013          4,800           0           0           0         4,800         12,313       211,104         3,549
 2014          4,800           0           0           0         4,800         11,754       222,858         3,066
 2015          4,800           0           0           0         4,800         11,215       234,073         2,649

 SUBTOT       72,000           0           0           0        72,000        234,073                     131,078
 REMAIN      116,800           0           0           0       116,800        146,288       380,361        15,728
 TOTAL       188,800           0           0           0       188,800        380,361                     146,806

   LIFE OF EVALUATION IS 39.33 YEARS.
   FINAL PRODUCTION RATE: 25 BBLS/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

[LOGO OMITTED]  RYDER SCOTT COMPANY
                ---------------------
                PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                        TABLE 73
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>
 PLAINVILLE FIELD, ROOKS COUNTY, KANSAS                                                OIL LEASE
   TENGASCO, INC. - OPERATOR   13-T10S-R18W                                            PROVED
     GARVERT -B- #1   (CNGL-LNSG-PLSN)                                                 PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>     <C>            <C>            <C>
 INITIAL -   1.000000  0.875000                         26.46                               5.00% -       110,541
 FINAL   -   1.000000  0.875000                         26.46                              10.00% -        74,989
 REMARKS -                                                                                 15.00% -        56,106
                                                                                           20.00% -        44,693
                                                                                           25.00% -        37,119
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>      <C>              <C>         <C>        <C>              <C>         <C>        <C>       <C>
 2001     1           627           0           0             548           0           0.000      26.46     0.00
 2002     1           609           0           0             534           0           0.000      26.46     0.00
 2003     1           593           0           0             519           0           0.000      26.46     0.00
 2004     1           577           0           0             505           0           0.000      26.46     0.00
 2005     1           562           0           0             491           0           0.000      26.46     0.00
 2006     1           546           0           0             478           0           0.000      26.46     0.00
 2007     1           531           0           0             465           0           0.000      26.46     0.00
 2008     1           517           0           0             452           0           0.000      26.46     0.00
 2009     1           503           0           0             440           0           0.000      26.46     0.00
 2010     1           490           0           0             428           0           0.000      26.46     0.00
 2011     1           476           0           0             417           0           0.000      26.46     0.00
 2012     1           463           0           0             405           0           0.000      26.46     0.00
 2013     1           451           0           0             394           0           0.000      26.46     0.00
 2014     1           438           0           0             384           0           0.000      26.46     0.00
 2015     1           426           0           0             373           0           0.000      26.46     0.00

 SUB-TOTAL          7,809           0           0           6,833           0           0.000      26.46     0.00
 REMAINDER          6,580           0           0           5,757           0           0.000      26.46     0.00
 TOTAL             14,389           0           0          12,590           0           0.000      26.46     0.00

 CUMULATIVE        45,627           0           0
 ULTIMATE          60,016           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>            <C>               <C>           <C>          <C>     <C>             <C>           <C>     <C>
 2001           14,508           0             0            0        14,508          23           0        14,485
 2002           14,114           0             0            0        14,114          23           0        14,091
 2003           13,732           0             0            0        13,732          22           0        13,710
 2004           13,360           0             0            0        13,360          21           0        13,339
 2005           12,997           0             0            0        12,997          21           0        12,976
 2006           12,646           0             0            0        12,646          20           0        12,626
 2007           12,303           0             0            0        12,303          20           0        12,283
 2008           11,969           0             0            0        11,969          19           0        11,950
 2009           11,645           0             0            0        11,645          19           0        11,626
 2010           11,329           0             0            0        11,329          18           0        11,311
 2011           11,023           0             0            0        11,023          17           0        11,006
 2012           10,724           0             0            0        10,724          18           0        10,706
 2013           10,433           0             0            0        10,433          16           0        10,417
 2014           10,150           0             0            0        10,150          16           0        10,134
 2015            9,875           0             0            0         9,875          16           0         9,859

 SUB-TOT       180,808           0             0            0       180,808         289           0       180,519
 REMAIN        152,333           0             0            0       152,333         244           0       152,089
 TOTAL         333,141           0             0            0       333,141         533           0       332,608
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>          <C>               <C>         <C>         <C>     <C>            <C>           <C>            <C>
 2001          4,032           0           0           0         4,032         10,453        10,453         9,952
 2002          4,032           0           0           0         4,032         10,059        20,512         8,670
 2003          4,032           0           0           0         4,032          9,678        30,190         7,551
 2004          4,032           0           0           0         4,032          9,307        39,497         6,572
 2005          4,032           0           0           0         4,032          8,944        48,441         5,718
 2006          4,032           0           0           0         4,032          8,594        57,035         4,974
 2007          4,032           0           0           0         4,032          8,251        65,286         4,322
 2008          4,032           0           0           0         4,032          7,918        73,204         3,754
 2009          4,032           0           0           0         4,032          7,594        80,798         3,260
 2010          4,032           0           0           0         4,032          7,279        88,077         2,828
 2011          4,032           0           0           0         4,032          6,974        95,051         2,453
 2012          4,032           0           0           0         4,032          6,674       101,725         2,125
 2013          4,032           0           0           0         4,032          6,385       108,110         1,841
 2014          4,032           0           0           0         4,032          6,102       114,212         1,592
 2015          4,032           0           0           0         4,032          5,827       120,039         1,376

 SUBTOT       60,480           0           0           0        60,480        120,039                      66,988
 REMAIN       82,413           0           0           0        82,413         69,676       189,715         8,001
 TOTAL       142,893           0           0           0       142,893        189,715                      74,989

   LIFE OF EVALUATION IS 35.44 YEARS.
   FINAL PRODUCTION RATE: 20 BBLS/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

[LOGO OMITTED]  RYDER SCOTT COMPANY
                ---------------------
                PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                        TABLE 74
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>
 PLAINVILLE FIELD, ROOKS COUNTY, KANSAS                                                OIL LEASE
   TENGASCO, INC. - OPERATOR   12-T10S-R18W                                            PROVED
     HARRISON -C-   (LANSING)                                                          PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>     <C>            <C>             <C>
 INITIAL -   1.000000  0.875000                         26.46                               5.00% -        12,366
 FINAL   -   1.000000  0.875000                         26.46                              10.00% -        11,254
 REMARKS -                                                                                 15.00% -        10,295
                                                                                           20.00% -         9,465
                                                                                           25.00% -         8,742
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>      <C>              <C>         <C>         <C>             <C>         <C>        <C>       <C>
 2001     2           669           0           0             585           0           0.000      26.46     0.00
 2002     2           634           0           0             555           0           0.000      26.46     0.00
 2003     2           601           0           0             526           0           0.000      26.46     0.00
 2004     2           570           0           0             499           0           0.000      26.46     0.00
 2005     2           541           0           0             473           0           0.000      26.46     0.00
 2006     2           512           0           0             448           0           0.000      26.46     0.00
 2007     2           165           0           0             144           0           0.000      26.46     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL          3,692           0           0           3,230           0           0.000      26.46     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL              3,692           0           0           3,230           0           0.000      26.46     0.00

 CUMULATIVE        25,531           0           0
 ULTIMATE          29,223           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>             <C>              <C>           <C>          <C>      <C>            <C>           <C>      <C>
 2001           15,488           0             0            0        15,488          25           0        15,463
 2002           14,683           0             0            0        14,683          23           0        14,660
 2003           13,920           0             0            0        13,920          23           0        13,897
 2004           13,195           0             0            0        13,195          21           0        13,174
 2005           12,509           0             0            0        12,509          20           0        12,489
 2006           11,859           0             0            0        11,859          19           0        11,840
 2007            3,815           0             0            0         3,815           6           0         3,809
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT        85,469           0             0            0        85,469         137           0        85,332
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL          85,469           0             0            0        85,469         137           0        85,332
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>           <C>              <C>         <C>         <C>      <C>            <C>           <C>           <C>
 2001         11,316           0           0           0        11,316          4,147         4,147         3,954
 2002         11,316           0           0           0        11,316          3,344         7,491         2,886
 2003         11,316           0           0           0        11,316          2,581        10,072         2,018
 2004         11,316           0           0           0        11,316          1,858        11,930         1,316
 2005         11,316           0           0           0        11,316          1,173        13,103           753
 2006         11,316           0           0           0        11,316            524        13,627           306
 2007          3,772           0           0           0         3,772             37        13,664            21
 2008              0           0           0           0             0              0        13,664             0
 2009              0           0           0           0             0              0        13,664             0
 2010              0           0           0           0             0              0        13,664             0
 2011              0           0           0           0             0              0        13,664             0
 2012              0           0           0           0             0              0        13,664             0
 2013              0           0           0           0             0              0        13,664             0
 2014              0           0           0           0             0              0        13,664             0
 2015              0           0           0           0             0              0        13,664             0

 SUBTOT       71,668           0           0           0        71,668         13,664                      11,254
 REMAIN            0           0           0           0             0              0        13,664             0
 TOTAL        71,668           0           0           0        71,668         13,664                      11,254

   LIFE OF EVALUATION IS 6.33 YEARS.
   FINAL PRODUCTION RATE: 41 BBLS/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

[LOGO OMITTED]  RYDER SCOTT COMPANY
                ---------------------
                PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                        TABLE 75
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>
 PLAINVILLE FIELD, ROOKS COUNTY, KANSAS                                                OIL LEASE
   TENGASCO, INC. - OPERATOR   13-T10S-R18W                                            PROVED
     JACO   (LANSING)                                                                  PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>     <C>            <C>            <C>
 INITIAL -   1.000000  0.875000                         26.46                               5.00% -       488,450
 FINAL   -   1.000000  0.875000                         26.46                              10.00% -       361,850
 REMARKS -                                                                                 15.00% -       285,029
                                                                                           20.00% -       234,416
                                                                                           25.00% -       198,871
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>     <C>               <C>         <C>        <C>              <C>         <C>        <C>       <C>
 2001     4         3,210           0           0           2,809           0           0.000      26.46     0.00
 2002     4         3,035           0           0           2,656           0           0.000      26.46     0.00
 2003     4         2,871           0           0           2,511           0           0.000      26.46     0.00
 2004     4         2,714           0           0           2,375           0           0.000      26.46     0.00
 2005     4         2,566           0           0           2,246           0           0.000      26.46     0.00
 2006     4         2,427           0           0           2,123           0           0.000      26.46     0.00
 2007     4         2,295           0           0           2,008           0           0.000      26.46     0.00
 2008     4         2,170           0           0           1,899           0           0.000      26.46     0.00
 2009     4         2,052           0           0           1,795           0           0.000      26.46     0.00
 2010     4         1,940           0           0           1,698           0           0.000      26.46     0.00
 2011     4         1,835           0           0           1,605           0           0.000      26.46     0.00
 2012     4         1,735           0           0           1,518           0           0.000      26.46     0.00
 2013     4         1,640           0           0           1,436           0           0.000      26.46     0.00
 2014     4         1,552           0           0           1,357           0           0.000      26.46     0.00
 2015     4         1,467           0           0           1,284           0           0.000      26.46     0.00

 SUB-TOTAL         33,509           0           0          29,320           0           0.000      26.46     0.00
 REMAINDER         15,413           0           0          13,487           0           0.000      26.46     0.00
 TOTAL             48,922           0           0          42,807           0           0.000      26.46     0.00

 CUMULATIVE       113,713           0           0
 ULTIMATE         162,635           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>          <C>                 <C>           <C>          <C>   <C>             <C>             <C>   <C>
 2001           74,319           0             0            0        74,319         119           0        74,200
 2002           70,276           0             0            0        70,276         112           0        70,164
 2003           66,454           0             0            0        66,454         107           0        66,347
 2004           62,838           0             0            0        62,838         100           0        62,738
 2005           59,420           0             0            0        59,420          95           0        59,325
 2006           56,187           0             0            0        56,187          90           0        56,097
 2007           53,131           0             0            0        53,131          85           0        53,046
 2008           50,240           0             0            0        50,240          81           0        50,159
 2009           47,508           0             0            0        47,508          76           0        47,432
 2010           44,922           0             0            0        44,922          71           0        44,851
 2011           42,480           0             0            0        42,480          68           0        42,412
 2012           40,168           0             0            0        40,168          65           0        40,103
 2013           37,983           0             0            0        37,983          60           0        37,923
 2014           35,917           0             0            0        35,917          58           0        35,859
 2015           33,963           0             0            0        33,963          54           0        33,909

 SUB-TOT       775,806           0             0            0       775,806       1,241           0       774,565
 REMAIN        356,869           0             0            0       356,869         571           0       356,298
 TOTAL       1,132,675           0             0            0     1,132,675       1,812           0     1,130,863
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>          <C>               <C>         <C>         <C>     <C>            <C>           <C>           <C>
 2001         13,020           0           0           0        13,020         61,180        61,180        58,265
 2002         13,020           0           0           0        13,020         57,144       118,324        49,263
 2003         13,020           0           0           0        13,020         53,327       171,651        41,615
 2004         13,020           0           0           0        13,020         49,718       221,369        35,121
 2005         13,020           0           0           0        13,020         46,305       267,674        29,610
 2006         13,020           0           0           0        13,020         43,077       310,751        24,935
 2007         13,020           0           0           0        13,020         40,026       350,777        20,973
 2008         13,020           0           0           0        13,020         37,139       387,916        17,616
 2009         13,020           0           0           0        13,020         34,412       422,328        14,776
 2010         13,020           0           0           0        13,020         31,831       454,159        12,372
 2011         13,020           0           0           0        13,020         29,392       483,551        10,341
 2012         13,020           0           0           0        13,020         27,083       510,634         8,626
 2013         13,020           0           0           0        13,020         24,903       535,537         7,180
 2014         13,020           0           0           0        13,020         22,839       558,376         5,961
 2015         13,020           0           0           0        13,020         20,889       579,265         4,935

 SUBTOT      195,300           0           0           0       195,300        579,265                     341,589
 REMAIN      215,915           0           0           0       215,915        140,383       719,648        20,261
 TOTAL       411,215           0           0           0       411,215        719,648                     361,850

   LIFE OF EVALUATION IS 31.58 YEARS.
   FINAL PRODUCTION RATE: 47 BBLS/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

[LOGO OMITTED]  RYDER SCOTT COMPANY
                ---------------------
                PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                        TABLE 76
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>
 PLAINVILLE FIELD, ROOKS COUNTY, KANSAS                                                OIL LEASE
   TENGASCO, INC. - OPERATOR   12-T10S-R18W                                            PROVED
     ROSS   (LANSING)                                                                  PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>     <C>            <C>            <C>
 INITIAL -   1.000000  0.875000                         26.46                               5.00% -       164,667
 FINAL   -   1.000000  0.875000                         26.46                              10.00% -       132,907
 REMARKS -                                                                                 15.00% -       110,518
                                                                                           20.00% -        94,158
                                                                                           25.00% -        81,815
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>      <C>              <C>         <C>        <C>              <C>         <C>        <C>       <C>
 2001     2         1,701           0           0           1,488           0           0.000      26.46     0.00
 2002     2         1,589           0           0           1,391           0           0.000      26.46     0.00
 2003     2         1,484           0           0           1,298           0           0.000      26.46     0.00
 2004     2         1,386           0           0           1,213           0           0.000      26.46     0.00
 2005     2         1,294           0           0           1,133           0           0.000      26.46     0.00
 2006     2         1,209           0           0           1,057           0           0.000      26.46     0.00
 2007     2         1,130           0           0             989           0           0.000      26.46     0.00
 2008     2         1,054           0           0             922           0           0.000      26.46     0.00
 2009     2           986           0           0             862           0           0.000      26.46     0.00
 2010     2           920           0           0             806           0           0.000      26.46     0.00
 2011     2           859           0           0             752           0           0.000      26.46     0.00
 2012     2           803           0           0             702           0           0.000      26.46     0.00
 2013     2           749           0           0             656           0           0.000      26.46     0.00
 2014     2           701           0           0             613           0           0.000      26.46     0.00
 2015     2           654           0           0             572           0           0.000      26.46     0.00

 SUB-TOTAL         16,519           0           0          14,454           0           0.000      26.46     0.00
 REMAINDER          1,884           0           0           1,648           0           0.000      26.46     0.00
 TOTAL             18,403           0           0          16,102           0           0.000      26.46     0.00

 CUMULATIVE        69,256           0           0
 ULTIMATE          87,659           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>            <C>               <C>           <C>          <C>     <C>             <C>           <C>     <C>
 2001           39,384           0             0            0        39,384          63           0        39,321
 2002           36,785           0             0            0        36,785          59           0        36,726
 2003           34,356           0             0            0        34,356          55           0        34,301
 2004           32,090           0             0            0        32,090          51           0        32,039
 2005           29,971           0             0            0        29,971          48           0        29,923
 2006           27,993           0             0            0        27,993          45           0        27,948
 2007           26,146           0             0            0        26,146          42           0        26,104
 2008           24,420           0             0            0        24,420          39           0        24,381
 2009           22,808           0             0            0        22,808          36           0        22,772
 2010           21,303           0             0            0        21,303          34           0        21,269
 2011           19,897           0             0            0        19,897          32           0        19,865
 2012           18,584           0             0            0        18,584          30           0        18,554
 2013           17,357           0             0            0        17,357          28           0        17,329
 2014           16,212           0             0            0        16,212          26           0        16,186
 2015           15,142           0             0            0        15,142          24           0        15,118

 SUB-TOT       382,448           0             0            0       382,448         612           0       381,836
 REMAIN         43,617           0             0            0        43,617          70           0        43,547
 TOTAL         426,065           0             0            0       426,065         682           0       425,383
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>          <C>               <C>         <C>         <C>     <C>            <C>           <C>           <C>
 2001         11,664           0           0           0        11,664         27,657        27,657        26,345
 2002         11,664           0           0           0        11,664         25,062        52,719        21,612
 2003         11,664           0           0           0        11,664         22,637        75,356        17,670
 2004         11,664           0           0           0        11,664         20,375        95,731        14,397
 2005         11,664           0           0           0        11,664         18,259       113,990        11,680
 2006         11,664           0           0           0        11,664         16,284       130,274         9,429
 2007         11,664           0           0           0        11,664         14,440       144,714         7,570
 2008         11,664           0           0           0        11,664         12,717       157,431         6,035
 2009         11,664           0           0           0        11,664         11,108       168,539         4,772
 2010         11,664           0           0           0        11,664          9,605       178,144         3,735
 2011         11,664           0           0           0        11,664          8,201       186,345         2,888
 2012         11,664           0           0           0        11,664          6,890       193,235         2,196
 2013         11,664           0           0           0        11,664          5,665       198,900         1,635
 2014         11,664           0           0           0        11,664          4,522       203,422         1,182
 2015         11,664           0           0           0        11,664          3,454       206,876           817

 SUBTOT      174,960           0           0           0       174,960        206,876                     131,963
 REMAIN       38,880           0           0           0        38,880          4,667       211,543           944
 TOTAL       213,840           0           0           0       213,840        211,543                     132,907

   LIFE OF EVALUATION IS 18.33 YEARS.
   FINAL PRODUCTION RATE: 42 BBLS/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

[LOGO OMITTED]  RYDER SCOTT COMPANY
                ---------------------
                PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                        TABLE 77
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>
 PLEASANT FIELD, RUSH COUNTY, KANSAS                                                   GAS LEASE
   TENGASCO, INC. - OPERATOR   10-T16S-R17W                                            PROVED
     BASGALL -C- #4   (DOVER)                                                          PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>     <C>            <C>                  <C>
 INITIAL -   1.000000                                                                       5.00% -             0
 FINAL   -   1.000000                                                                      10.00% -             0
 REMARKS -                                                                                 15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>        <C>              <C>         <C>         <C>         <C>      <C>
 2001                   0           0           0               0           0           0.000       0.00     0.00
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE             0           0          13
 ULTIMATE               0           0          13
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2001                0           0             0            0             0           0           0             0
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2001              0           0           0           0             0              0             0             0
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0.0 MMCF/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

[LOGO OMITTED]  RYDER SCOTT COMPANY
                ---------------------
                PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                        TABLE 78
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>
 PLEASANT FIELD, ELLIS COUNTY, KANSAS                                                  OIL LEASE
   TENGASCO, INC. - OPERATOR   22-T13S-R20W                                            PROVED
     HONAS #1-A   (ARBUCKLE)                                                           PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>     <C>            <C>                  <C>
 INITIAL -   1.000000                                                                       5.00% -             0
 FINAL   -   1.000000                                                                      10.00% -             0
 REMARKS -                                                                                 15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>   <C>          <C>              <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2001                   0           0           0               0           0           0.000       0.00     0.00
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE        65,165           0           0
 ULTIMATE          65,165           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2001                0           0             0            0             0           0           0             0
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2001              0           0           0           0             0              0             0             0
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0 BBLS/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

[LOGO OMITTED]  RYDER SCOTT COMPANY
                ---------------------
                PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                        TABLE 79
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>
 PLEASANT VIEW FIELD, RUSH COUNTY, KANSAS                                              OIL LEASE
   TENGASCO, INC. - OPERATOR   10-T16S-R17W                                            PROVED
     URBAN -K-   (KSSC-LNSG)                                                           PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>     <C>            <C>             <C>
 INITIAL -   1.000000  0.875000                         26.46                               5.00% -        56,745
 FINAL   -   1.000000  0.875000                         26.46                              10.00% -        43,756
 REMARKS -                                                                                 15.00% -        35,160
                                                                                           20.00% -        29,199
                                                                                           25.00% -        24,890
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>      <C>              <C>         <C>         <C>             <C>         <C>        <C>       <C>
 2001     1           507           0           0             444           0           0.000      26.46     0.00
 2002     1           486           0           0             425           0           0.000      26.46     0.00
 2003     1           466           0           0             408           0           0.000      26.46     0.00
 2004     1           446           0           0             390           0           0.000      26.46     0.00
 2005     1           427           0           0             374           0           0.000      26.46     0.00
 2006     1           410           0           0             358           0           0.000      26.46     0.00
 2007     1           392           0           0             343           0           0.000      26.46     0.00
 2008     1           376           0           0             329           0           0.000      26.46     0.00
 2009     1           360           0           0             315           0           0.000      26.46     0.00
 2010     1           345           0           0             302           0           0.000      26.46     0.00
 2011     1           330           0           0             289           0           0.000      26.46     0.00
 2012     1           316           0           0             277           0           0.000      26.46     0.00
 2013     1           304           0           0             265           0           0.000      26.46     0.00
 2014     1           290           0           0             254           0           0.000      26.46     0.00
 2015     1           278           0           0             244           0           0.000      26.46     0.00

 SUB-TOTAL          5,733           0           0           5,017           0           0.000      26.46     0.00
 REMAINDER            754           0           0             659           0           0.000      26.46     0.00
 TOTAL              6,487           0           0           5,676           0           0.000      26.46     0.00

 CUMULATIVE        23,447           0           0
 ULTIMATE          29,934           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>            <C>               <C>           <C>          <C>     <C>             <C>           <C>     <C>
 2001           11,747           0             0            0        11,747          19           0        11,728
 2002           11,253           0             0            0        11,253          18           0        11,235
 2003           10,781           0             0            0        10,781          17           0        10,764
 2004           10,328           0             0            0        10,328          17           0        10,311
 2005            9,894           0             0            0         9,894          15           0         9,879
 2006            9,479           0             0            0         9,479          16           0         9,463
 2007            9,080           0             0            0         9,080          14           0         9,066
 2008            8,699           0             0            0         8,699          14           0         8,685
 2009            8,334           0             0            0         8,334          13           0         8,321
 2010            7,984           0             0            0         7,984          13           0         7,971
 2011            7,648           0             0            0         7,648          12           0         7,636
 2012            7,328           0             0            0         7,328          12           0         7,316
 2013            7,019           0             0            0         7,019          11           0         7,008
 2014            6,725           0             0            0         6,725          11           0         6,714
 2015            6,442           0             0            0         6,442          10           0         6,432

 SUB-TOT       132,741           0             0            0       132,741         212           0       132,529
 REMAIN         17,449           0             0            0        17,449          28           0        17,421
 TOTAL         150,190           0             0            0       150,190         240           0       149,950
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>           <C>              <C>         <C>         <C>      <C>            <C>           <C>           <C>
 2001          4,044           0           0           0         4,044          7,684         7,684         7,318
 2002          4,044           0           0           0         4,044          7,191        14,875         6,199
 2003          4,044           0           0           0         4,044          6,720        21,595         5,244
 2004          4,044           0           0           0         4,044          6,267        27,862         4,427
 2005          4,044           0           0           0         4,044          5,835        33,697         3,731
 2006          4,044           0           0           0         4,044          5,419        39,116         3,137
 2007          4,044           0           0           0         4,044          5,022        44,138         2,632
 2008          4,044           0           0           0         4,044          4,641        48,779         2,201
 2009          4,044           0           0           0         4,044          4,277        53,056         1,837
 2010          4,044           0           0           0         4,044          3,927        56,983         1,526
 2011          4,044           0           0           0         4,044          3,592        60,575         1,264
 2012          4,044           0           0           0         4,044          3,272        63,847         1,042
 2013          4,044           0           0           0         4,044          2,964        66,811           855
 2014          4,044           0           0           0         4,044          2,670        69,481           697
 2015          4,044           0           0           0         4,044          2,388        71,869           564

 SUBTOT       60,660           0           0           0        60,660         71,869                      42,674
 REMAIN       11,914           0           0           0        11,914          5,507        77,376         1,082
 TOTAL        72,574           0           0           0        72,574         77,376                      43,756

   LIFE OF EVALUATION IS 17.95 YEARS.
   FINAL PRODUCTION RATE: 20 BBLS/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

[LOGO OMITTED]  RYDER SCOTT COMPANY
                ---------------------
                PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                        TABLE 80
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>
 PLEASANT VIEW FIELD, RUSH COUNTY, KANSAS                                              GAS LEASE
   TENGASCO, INC. - OPERATOR   10-T16S-R17W                                            PROVED
     URBAN -K- #5 BP   (DOVER)                                                         BEHIND PIPE


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>         <C>        <C>            <C>
 INITIAL -   1.000000                      0.875000                             5.30        5.00% -       106,790
 FINAL   -   1.000000                      0.875000                             5.30       10.00% -        80,875
 REMARKS -                                                                                 15.00% -        61,550
                                                                                           20.00% -        47,062
                                                                                           25.00% -        36,146
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF (A)   $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>        <C>              <C>         <C>        <C>          <C>      <C>
 2001                   0           0           0               0           0           0.000       0.00     0.00
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005     1             0           0          21               0           0          13.808       0.00     5.30
 2006     1             0           0          10               0           0           6.546       0.00     5.30
 2007     1             0           0           9               0           0           5.513       0.00     5.30
 2008     1             0           0           7               0           0           4.643       0.00     5.30
 2009     1             0           0           3               0           0           2.039       0.00     5.30
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0          50               0           0          32.549       0.00     5.30
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0          50               0           0          32.549       0.00     5.30

 CUMULATIVE             0           0           0    (A) NET GAS VOLUMES ACCOUNT FOR SURFACE LOSSES,
 ULTIMATE               0           0          50        SHRINKAGE FACTOR =  25.60 %
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>     <C>                <C>     <C>               <C>       <C>       <C>
 2001                0           0             0            0             0           0           0             0
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0        73,159            0        73,159           0         227        72,932
 2006                0           0        34,686            0        34,686           0         107        34,579
 2007                0           0        29,213            0        29,213           0          91        29,122
 2008                0           0        24,603            0        24,603           0          76        24,527
 2009                0           0        10,804            0        10,804           0          34        10,770
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT             0           0       172,465            0       172,465           0         535       171,930
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0       172,465            0       172,465           0         535       171,930
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>           <C>              <C>    <C>              <C>      <C>           <C>           <C>            <C>
 2001              0           0           0           0             0              0             0             0
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005          4,044           0      12,000           0        16,044         56,888        56,888        36,454
 2006          4,044           0           0           0         4,044         30,535        87,423        17,692
 2007          4,044           0           0           0         4,044         25,078       112,501        13,155
 2008          4,044           0           0           0         4,044         20,483       132,984         9,726
 2009          2,022           0           0           0         2,022          8,748       141,732         3,848
 2010              0           0           0           0             0              0       141,732             0
 2011              0           0           0           0             0              0       141,732             0
 2012              0           0           0           0             0              0       141,732             0
 2013              0           0           0           0             0              0       141,732             0
 2014              0           0           0           0             0              0       141,732             0
 2015              0           0           0           0             0              0       141,732             0

 SUBTOT       18,198           0      12,000           0        30,198        141,732                      80,875
 REMAIN            0           0           0           0             0              0       141,732             0
 TOTAL        18,198           0      12,000           0        30,198        141,732                      80,875

   LIFE OF EVALUATION IS 8.50 YEARS.
   FINAL PRODUCTION RATE: 0.5 MMCF/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

[LOGO OMITTED]  RYDER SCOTT COMPANY
                ---------------------
                PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                        TABLE 81
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>
 PLEASANT VIEW NW FIELD, RUSH COUNTY, KANSAS                                           OIL LEASE
   TENGASCO, INC. - OPERATOR   10-T16S-R17W                                            PROVED
     URBAN   (KSSC-LNSG)                                                               PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>     <C>            <C>             <C>
 INITIAL -   1.000000  0.875000                         26.46                               5.00% -        72,117
 FINAL   -   1.000000  0.875000                         26.46                              10.00% -        64,151
 REMARKS -                                                                                 15.00% -        57,534
                                                                                           20.00% -        51,989
                                                                                           25.00% -        47,304
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>      <C>              <C>         <C>        <C>              <C>         <C>        <C>       <C>
 2001     3         2,367           0           0           2,071           0           0.000      26.46     0.00
 2002     3         2,229           0           0           1,951           0           0.000      26.46     0.00
 2003     3         2,101           0           0           1,838           0           0.000      26.46     0.00
 2004     3         1,978           0           0           1,731           0           0.000      26.46     0.00
 2005     3         1,864           0           0           1,631           0           0.000      26.46     0.00
 2006     3         1,755           0           0           1,536           0           0.000      26.46     0.00
 2007     3         1,654           0           0           1,447           0           0.000      26.46     0.00
 2008     3         1,558           0           0           1,363           0           0.000      26.46     0.00
 2009     3           251           0           0             219           0           0.000      26.46     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL         15,757           0           0          13,787           0           0.000      26.46     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL             15,757           0           0          13,787           0           0.000      26.46     0.00

 CUMULATIVE        74,403           0           0
 ULTIMATE          90,160           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>            <C>               <C>           <C>          <C>     <C>             <C>           <C>     <C>
 2001           54,799           0             0            0        54,799          88           0        54,711
 2002           51,620           0             0            0        51,620          82           0        51,538
 2003           48,627           0             0            0        48,627          78           0        48,549
 2004           45,806           0             0            0        45,806          73           0        45,733
 2005           43,150           0             0            0        43,150          69           0        43,081
 2006           40,646           0             0            0        40,646          65           0        40,581
 2007           38,290           0             0            0        38,290          62           0        38,228
 2008           36,068           0             0            0        36,068          57           0        36,011
 2009            5,805           0             0            0         5,805          10           0         5,795
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT       364,811           0             0            0       364,811         584           0       364,227
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL         364,811           0             0            0       364,811         584           0       364,227
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>          <C>               <C>         <C>         <C>     <C>             <C>           <C>           <C>
 2001         34,584           0           0           0        34,584         20,127        20,127        19,183
 2002         34,584           0           0           0        34,584         16,954        37,081        14,629
 2003         34,584           0           0           0        34,584         13,965        51,046        10,911
 2004         34,584           0           0           0        34,584         11,149        62,195         7,887
 2005         34,584           0           0           0        34,584          8,497        70,692         5,443
 2006         34,584           0           0           0        34,584          5,997        76,689         3,481
 2007         34,584           0           0           0        34,584          3,644        80,333         1,918
 2008         34,584           0           0           0        34,584          1,427        81,760           685
 2009          5,764           0           0           0         5,764             31        81,791            14
 2010              0           0           0           0             0              0        81,791             0
 2011              0           0           0           0             0              0        81,791             0
 2012              0           0           0           0             0              0        81,791             0
 2013              0           0           0           0             0              0        81,791             0
 2014              0           0           0           0             0              0        81,791             0
 2015              0           0           0           0             0              0        81,791             0

 SUBTOT      282,436           0           0           0       282,436         81,791                      64,151
 REMAIN            0           0           0           0             0              0        81,791             0
 TOTAL       282,436           0           0           0       282,436         81,791                      64,151

   LIFE OF EVALUATION IS 8.17 YEARS.
   FINAL PRODUCTION RATE: 125 BBLS/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

[LOGO OMITTED]  RYDER SCOTT COMPANY
                ---------------------
                PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                        TABLE 82
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>
 PLEASANT VIEW NW FIELD, RUSH COUNTY, KANSAS                                           OIL LEASE
   TENGASCO, INC. - OPERATOR   10-T16S-R17W                                            PROVED
     URBAN #6 PUD   (KSSC-LNSG)                                                        UNDEVELOPED


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>     <C>            <C>            <C>
 INITIAL -   1.000000  0.875000                         26.46                               5.00% -       178,846
 FINAL   -   1.000000  0.875000                         26.46                              10.00% -       114,893
 REMARKS -                                                                                 15.00% -        75,786
                                                                                           20.00% -        50,271
                                                                                           25.00% -        32,702
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>      <C>              <C>         <C>        <C>              <C>         <C>        <C>       <C>
 2001     1         2,028           0           0           1,775           0           0.000      26.46     0.00
 2002     1         2,449           0           0           2,142           0           0.000      26.46     0.00
 2003     1         1,657           0           0           1,451           0           0.000      26.46     0.00
 2004     1         1,591           0           0           1,391           0           0.000      26.46     0.00
 2005     1         1,526           0           0           1,336           0           0.000      26.46     0.00
 2006     1         1,464           0           0           1,281           0           0.000      26.46     0.00
 2007     1         1,406           0           0           1,229           0           0.000      26.46     0.00
 2008     1         1,348           0           0           1,180           0           0.000      26.46     0.00
 2009     1         1,293           0           0           1,132           0           0.000      26.46     0.00
 2010     1         1,241           0           0           1,086           0           0.000      26.46     0.00
 2011     1         1,191           0           0           1,042           0           0.000      26.46     0.00
 2012     1         1,143           0           0           1,000           0           0.000      26.46     0.00
 2013     1         1,096           0           0             959           0           0.000      26.46     0.00
 2014     1         1,052           0           0             921           0           0.000      26.46     0.00
 2015     1         1,010           0           0             883           0           0.000      26.46     0.00

 SUB-TOTAL         21,495           0           0          18,808           0           0.000      26.46     0.00
 REMAINDER          6,505           0           0           5,692           0           0.000      26.46     0.00
 TOTAL             28,000           0           0          24,500           0           0.000      26.46     0.00

 CUMULATIVE             0           0           0
 ULTIMATE          28,000           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>            <C>               <C>           <C>          <C>     <C>           <C>             <C>     <C>
 2001           46,959           0             0            0        46,959          75           0        46,884
 2002           56,686           0             0            0        56,686          91           0        56,595
 2003           38,380           0             0            0        38,380          61           0        38,319
 2004           36,827           0             0            0        36,827          59           0        36,768
 2005           35,334           0             0            0        35,334          57           0        35,277
 2006           33,904           0             0            0        33,904          54           0        33,850
 2007           32,531           0             0            0        32,531          52           0        32,479
 2008           31,213           0             0            0        31,213          50           0        31,163
 2009           29,949           0             0            0        29,949          48           0        29,901
 2010           28,736           0             0            0        28,736          46           0        28,690
 2011           27,573           0             0            0        27,573          44           0        27,529
 2012           26,455           0             0            0        26,455          42           0        26,413
 2013           25,384           0             0            0        25,384          41           0        25,343
 2014           24,356           0             0            0        24,356          39           0        24,317
 2015           23,370           0             0            0        23,370          37           0        23,333

 SUB-TOT       497,657           0             0            0       497,657         796           0       496,861
 REMAIN        150,604           0             0            0       150,604         241           0       150,363
 TOTAL         648,261           0             0            0       648,261       1,037           0       647,224
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>          <C>               <C>   <C>               <C>     <C>            <C>           <C>           <C>
 2001          5,766           0     100,000           0       105,766        -58,882       -58,882       -56,525
 2002         11,532           0           0           0        11,532         45,063       -13,819        39,102
 2003         11,532           0           0           0        11,532         26,787        12,968        20,903
 2004         11,532           0           0           0        11,532         25,236        38,204        17,825
 2005         11,532           0           0           0        11,532         23,745        61,949        15,183
 2006         11,532           0           0           0        11,532         22,318        84,267        12,917
 2007         11,532           0           0           0        11,532         20,947       105,214        10,975
 2008         11,532           0           0           0        11,532         19,631       124,845         9,311
 2009         11,532           0           0           0        11,532         18,369       143,214         7,887
 2010         11,532           0           0           0        11,532         17,158       160,372         6,668
 2011         11,532           0           0           0        11,532         15,997       176,369         5,628
 2012         11,532           0           0           0        11,532         14,881       191,250         4,739
 2013         11,532           0           0           0        11,532         13,811       205,061         3,982
 2014         11,532           0           0           0        11,532         12,785       217,846         3,336
 2015         11,532           0           0           0        11,532         11,801       229,647         2,788

 SUBTOT      167,214           0     100,000           0       267,214        229,647                     104,719
 REMAIN       88,555           0           0           0        88,555         61,808       291,455        10,174
 TOTAL       255,769           0     100,000           0       355,769        291,455                     114,893

   LIFE OF EVALUATION IS 22.68 YEARS.
   FINAL PRODUCTION RATE: 60 BBLS/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

[LOGO OMITTED]  RYDER SCOTT COMPANY
                ---------------------
                PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                        TABLE 83
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>
 PLEASANT VIEW NW FIELD, RUSH COUNTY, KANSAS                                           OIL LEASE
   TENGASCO, INC. - OPERATOR   10-T16S-R17W                                            PROVED
     URBAN #7 PUD   (KSSC-LNSG)                                                        UNDEVELOPED


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>     <C>            <C>            <C>
 INITIAL -   1.000000  0.875000                         26.46                               5.00% -       176,629
 FINAL   -   1.000000  0.875000                         26.46                              10.00% -       112,068
 REMARKS -                                                                                 15.00% -        73,014
                                                                                           20.00% -        47,839
                                                                                           25.00% -        30,740
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>      <C>              <C>         <C>        <C>              <C>         <C>        <C>       <C>
 2001     1         1,102           0           0             964           0           0.000      26.46     0.00
 2002     1         2,911           0           0           2,548           0           0.000      26.46     0.00
 2003     1         1,713           0           0           1,499           0           0.000      26.46     0.00
 2004     1         1,607           0           0           1,406           0           0.000      26.46     0.00
 2005     1         1,542           0           0           1,349           0           0.000      26.46     0.00
 2006     1         1,480           0           0           1,295           0           0.000      26.46     0.00
 2007     1         1,420           0           0           1,242           0           0.000      26.46     0.00
 2008     1         1,362           0           0           1,192           0           0.000      26.46     0.00
 2009     1         1,307           0           0           1,143           0           0.000      26.46     0.00
 2010     1         1,254           0           0           1,098           0           0.000      26.46     0.00
 2011     1         1,203           0           0           1,053           0           0.000      26.46     0.00
 2012     1         1,155           0           0           1,010           0           0.000      26.46     0.00
 2013     1         1,108           0           0             969           0           0.000      26.46     0.00
 2014     1         1,062           0           0             930           0           0.000      26.46     0.00
 2015     1         1,020           0           0             893           0           0.000      26.46     0.00

 SUB-TOTAL         21,246           0           0          18,591           0           0.000      26.46     0.00
 REMAINDER          6,754           0           0           5,909           0           0.000      26.46     0.00
 TOTAL             28,000           0           0          24,500           0           0.000      26.46     0.00

 CUMULATIVE             0           0           0
 ULTIMATE          28,000           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>            <C>               <C>           <C>          <C>     <C>           <C>             <C>     <C>
 2001           25,509           0             0            0        25,509          41           0        25,468
 2002           67,410           0             0            0        67,410         108           0        67,302
 2003           39,659           0             0            0        39,659          63           0        39,596
 2004           37,209           0             0            0        37,209          60           0        37,149
 2005           35,702           0             0            0        35,702          57           0        35,645
 2006           34,256           0             0            0        34,256          55           0        34,201
 2007           32,869           0             0            0        32,869          52           0        32,817
 2008           31,537           0             0            0        31,537          51           0        31,486
 2009           30,261           0             0            0        30,261          48           0        30,213
 2010           29,034           0             0            0        29,034          47           0        28,987
 2011           27,859           0             0            0        27,859          44           0        27,815
 2012           26,730           0             0            0        26,730          43           0        26,687
 2013           25,648           0             0            0        25,648          41           0        25,607
 2014           24,610           0             0            0        24,610          39           0        24,571
 2015           23,612           0             0            0        23,612          38           0        23,574

 SUB-TOT       491,905           0             0            0       491,905         787           0       491,118
 REMAIN        156,356           0             0            0       156,356         250           0       156,106
 TOTAL         648,261           0             0            0       648,261       1,037           0       647,224
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>          <C>               <C>   <C>               <C>     <C>            <C>           <C>           <C>
 2001          2,883           0     100,000           0       102,883        -77,415       -77,415       -71,711
 2002         11,532           0           0           0        11,532         55,770       -21,645        48,381
 2003         11,532           0           0           0        11,532         28,064         6,419        21,926
 2004         11,532           0           0           0        11,532         25,617        32,036        18,095
 2005         11,532           0           0           0        11,532         24,113        56,149        15,418
 2006         11,532           0           0           0        11,532         22,669        78,818        13,121
 2007         11,532           0           0           0        11,532         21,285       100,103        11,152
 2008         11,532           0           0           0        11,532         19,954       120,057         9,464
 2009         11,532           0           0           0        11,532         18,681       138,738         8,020
 2010         11,532           0           0           0        11,532         17,455       156,193         6,784
 2011         11,532           0           0           0        11,532         16,283       172,476         5,728
 2012         11,532           0           0           0        11,532         15,155       187,631         4,827
 2013         11,532           0           0           0        11,532         14,075       201,706         4,058
 2014         11,532           0           0           0        11,532         13,039       214,745         3,402
 2015         11,532           0           0           0        11,532         12,042       226,787         2,845

 SUBTOT      164,331           0     100,000           0       264,331        226,787                     101,510
 REMAIN       91,438           0           0           0        91,438         64,668       291,455        10,558
 TOTAL       255,769           0     100,000           0       355,769        291,455                     112,068

   LIFE OF EVALUATION IS 22.93 YEARS.
   FINAL PRODUCTION RATE: 60 BBLS/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

[LOGO OMITTED]  RYDER SCOTT COMPANY
                ---------------------
                PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                        TABLE 84
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>
 REICHEL FIELD, RUSH COUNTY, KANSAS                                                    GAS LEASE
   TENGASCO, INC. - OPERATOR   33-T16S-R16W                                            PROVED
     ALLEN #1 A&D   (SHAWNEE)                                                          PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>         <C>        <C>            <C>
 INITIAL -   1.000000                      0.875000                             5.30        5.00% -       559,169
 FINAL   -   1.000000                      0.875000                             5.30       10.00% -       346,253
 REMARKS -                                                                                 15.00% -       246,935
                                                                                           20.00% -       191,463
                                                                                           25.00% -       156,376
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF (A)   $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>       <C>               <C>         <C>       <C>           <C>      <C>
 2001     1             0           0          12               0           0           7.844       0.00     5.30
 2002     1             0           0          12               0           0           7.687       0.00     5.30
 2003     1             0           0          11               0           0           7.534       0.00     5.30
 2004     1             0           0          12               0           0           7.383       0.00     5.30
 2005     1             0           0          11               0           0           7.235       0.00     5.30
 2006     1             0           0          11               0           0           7.091       0.00     5.30
 2007     1             0           0          10               0           0           6.949       0.00     5.30
 2008     1             0           0          11               0           0           6.810       0.00     5.30
 2009     1             0           0          10               0           0           6.674       0.00     5.30
 2010     1             0           0          10               0           0           6.540       0.00     5.30
 2011     1             0           0          10               0           0           6.409       0.00     5.30
 2012     1             0           0          10               0           0           6.281       0.00     5.30
 2013     1             0           0           9               0           0           6.155       0.00     5.30
 2014     1             0           0           9               0           0           6.032       0.00     5.30
 2015     1             0           0          10               0           0           5.912       0.00     5.30

 SUB-TOTAL              0           0         158               0           0         102.536       0.00     5.30
 REMAINDER              0           0         172               0           0         112.496       0.00     5.30
 TOTAL                  0           0         330               0           0         215.032       0.00     5.30

 CUMULATIVE             0           0         147    (A) NET GAS VOLUMES ACCOUNT FOR SURFACE LOSSES,
 ULTIMATE               0           0         477        SHRINKAGE FACTOR =  25.60 %
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>   <C>                  <C>   <C>                 <C>     <C>       <C>
 2001                0           0        41,562            0        41,562           0         129        41,433
 2002                0           0        40,732            0        40,732           0         126        40,606
 2003                0           0        39,916            0        39,916           0         124        39,792
 2004                0           0        39,118            0        39,118           0         121        38,997
 2005                0           0        38,336            0        38,336           0         119        38,217
 2006                0           0        37,569            0        37,569           0         116        37,453
 2007                0           0        36,818            0        36,818           0         115        36,703
 2008                0           0        36,081            0        36,081           0         111        35,970
 2009                0           0        35,360            0        35,360           0         110        35,250
 2010                0           0        34,652            0        34,652           0         107        34,545
 2011                0           0        33,960            0        33,960           0         106        33,854
 2012                0           0        33,280            0        33,280           0         103        33,177
 2013                0           0        32,615            0        32,615           0         101        32,514
 2014                0           0        31,962            0        31,962           0          99        31,863
 2015                0           0        31,323            0        31,323           0          97        31,226

 SUB-TOT             0           0       543,284            0       543,284           0       1,684       541,600
 REMAIN              0           0       596,057            0       596,057           0       1,848       594,209
 TOTAL               0           0     1,139,341            0     1,139,341           0       3,532     1,135,809
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>    <C>           <C>             <C>
 2001              0           0           0           0             0         41,433        41,433        39,443
 2002              0           0           0           0             0         40,606        82,039        34,992
 2003              0           0           0           0             0         39,792       121,831        31,040
 2004              0           0           0           0             0         38,997       160,828        27,537
 2005              0           0           0           0             0         38,217       199,045        24,427
 2006              0           0           0           0             0         37,453       236,498        21,671
 2007              0           0           0           0             0         36,703       273,201        19,223
 2008              0           0           0           0             0         35,970       309,171        17,054
 2009              0           0           0           0             0         35,250       344,421        15,128
 2010              0           0           0           0             0         34,545       378,966        13,420
 2011              0           0           0           0             0         33,854       412,820        11,906
 2012              0           0           0           0             0         33,177       445,997        10,561
 2013              0           0           0           0             0         32,514       478,511         9,369
 2014              0           0           0           0             0         31,863       510,374         8,312
 2015              0           0           0           0             0         31,226       541,600         7,373

 SUBTOT            0           0           0           0             0        541,600                     291,456
 REMAIN            0           0           0           0             0        594,209     1,135,809        54,797
 TOTAL             0           0           0           0             0      1,135,809                     346,253

   LIFE OF EVALUATION IS 39.33 YEARS.
   FINAL PRODUCTION RATE: 0.5 MMCF/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

[LOGO OMITTED]  RYDER SCOTT COMPANY
                ---------------------
                PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                        TABLE 85
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>
 REICHEL FIELD, RUSH COUNTY, KANSAS                                                    GAS LEASE
   TENGASCO, INC. - OPERATOR   10-T17S-R17W                                            PROVED
     APPL #1   (TOPEKA)                                                                PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>         <C>        <C>             <C>
 INITIAL -   1.000000                      0.875000                             5.30        5.00% -        37,856
 FINAL   -   1.000000                      0.875000                             5.30       10.00% -        28,250
 REMARKS -                                                                                 15.00% -        22,258
                                                                                           20.00% -        18,264
                                                                                           25.00% -        15,449
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF (A)   $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>       <C>               <C>         <C>        <C>          <C>      <C>
 2001     1             0           0           2               0           0           1.600       0.00     5.30
 2002     1             0           0           3               0           0           1.552       0.00     5.30
 2003     1             0           0           2               0           0           1.505       0.00     5.30
 2004     1             0           0           2               0           0           1.460       0.00     5.30
 2005     1             0           0           3               0           0           1.416       0.00     5.30
 2006     1             0           0           2               0           0           1.374       0.00     5.30
 2007     1             0           0           2               0           0           1.332       0.00     5.30
 2008     1             0           0           2               0           0           1.292       0.00     5.30
 2009     1             0           0           2               0           0           1.254       0.00     5.30
 2010     1             0           0           2               0           0           1.216       0.00     5.30
 2011     1             0           0           1               0           0           1.180       0.00     5.30
 2012     1             0           0           2               0           0           1.144       0.00     5.30
 2013     1             0           0           2               0           0           1.110       0.00     5.30
 2014     1             0           0           1               0           0           1.077       0.00     5.30
 2015     1             0           0           2               0           0           1.044       0.00     5.30

 SUB-TOTAL              0           0          30               0           0          19.556       0.00     5.30
 REMAINDER              0           0          13               0           0           8.113       0.00     5.30
 TOTAL                  0           0          43               0           0          27.669       0.00     5.30

 CUMULATIVE             0           0         817    (A) NET GAS VOLUMES ACCOUNT FOR SURFACE LOSSES,
 ULTIMATE               0           0         860        SHRINKAGE FACTOR =  25.60 %
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>     <C>                <C>     <C>               <C>       <C>       <C>
 2001                0           0         8,476            0         8,476           0          26         8,450
 2002                0           0         8,221            0         8,221           0          26         8,195
 2003                0           0         7,975            0         7,975           0          24         7,951
 2004                0           0         7,735            0         7,735           0          24         7,711
 2005                0           0         7,503            0         7,503           0          24         7,479
 2006                0           0         7,279            0         7,279           0          22         7,257
 2007                0           0         7,060            0         7,060           0          22         7,038
 2008                0           0         6,848            0         6,848           0          21         6,827
 2009                0           0         6,643            0         6,643           0          21         6,622
 2010                0           0         6,443            0         6,443           0          20         6,423
 2011                0           0         6,250            0         6,250           0          19         6,231
 2012                0           0         6,063            0         6,063           0          19         6,044
 2013                0           0         5,880            0         5,880           0          18         5,862
 2014                0           0         5,705            0         5,705           0          18         5,687
 2015                0           0         5,533            0         5,533           0          17         5,516

 SUB-TOT             0           0       103,614            0       103,614           0         321       103,293
 REMAIN              0           0        42,985            0        42,985           0         133        42,852
 TOTAL               0           0       146,599            0       146,599           0         454       146,145
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>           <C>              <C>         <C>         <C>      <C>            <C>           <C>           <C>
 2001          3,816           0           0           0         3,816          4,634         4,634         4,413
 2002          3,816           0           0           0         3,816          4,379         9,013         3,774
 2003          3,816           0           0           0         3,816          4,135        13,148         3,227
 2004          3,816           0           0           0         3,816          3,895        17,043         2,751
 2005          3,816           0           0           0         3,816          3,663        20,706         2,342
 2006          3,816           0           0           0         3,816          3,441        24,147         1,992
 2007          3,816           0           0           0         3,816          3,222        27,369         1,688
 2008          3,816           0           0           0         3,816          3,011        30,380         1,428
 2009          3,816           0           0           0         3,816          2,806        33,186         1,205
 2010          3,816           0           0           0         3,816          2,607        35,793         1,013
 2011          3,816           0           0           0         3,816          2,415        38,208           850
 2012          3,816           0           0           0         3,816          2,228        40,436           709
 2013          3,816           0           0           0         3,816          2,046        42,482           590
 2014          3,816           0           0           0         3,816          1,871        44,353           489
 2015          3,816           0           0           0         3,816          1,700        46,053           401

 SUBTOT       57,240           0           0           0        57,240         46,053                      26,872
 REMAIN       34,426           0           0           0        34,426          8,426        54,479         1,378
 TOTAL        91,666           0           0           0        91,666         54,479                      28,250

   LIFE OF EVALUATION IS 24.02 YEARS.
   FINAL PRODUCTION RATE: 0.1 MMCF/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

[LOGO OMITTED]  RYDER SCOTT COMPANY
                ---------------------
                PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                        TABLE 86
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>
 REICHEL FIELD, RUSH COUNTY, KANSAS                                                    GAS LEASE
   TENGASCO, INC. - OPERATOR   10-T17S-R17W                                            PROVED
     APPL #2   (TOPEKA)                                                                PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>         <C>        <C>             <C>
 INITIAL -   1.000000                      0.820313                             5.30        5.00% -        12,925
 FINAL   -   1.000000                      0.820313                             5.30       10.00% -        12,296
 REMARKS -                                                                                 15.00% -        11,717
                                                                                           20.00% -        11,183
                                                                                           25.00% -        10,688
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF (A)   $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>       <C>               <C>         <C>         <C>         <C>      <C>
 2001     1             0           0           4               0           0           2.468       0.00     5.30
 2002     1             0           0           3               0           0           1.851       0.00     5.30
 2003     1             0           0           2               0           0           1.388       0.00     5.30
 2004     1             0           0           1               0           0           0.470       0.00     5.30
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0          10               0           0           6.177       0.00     5.30
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0          10               0           0           6.177       0.00     5.30

 CUMULATIVE             0           0         444    (A) NET GAS VOLUMES ACCOUNT FOR SURFACE LOSSES,
 ULTIMATE               0           0         454        SHRINKAGE FACTOR =  25.60 %
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>      <C>               <C>      <C>              <C>       <C>        <C>
 2001                0           0        13,077            0        13,077           0          41        13,036
 2002                0           0         9,808            0         9,808           0          30         9,778
 2003                0           0         7,356            0         7,356           0          23         7,333
 2004                0           0         2,493            0         2,493           0           7         2,486
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT             0           0        32,734            0        32,734           0         101        32,633
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0        32,734            0        32,734           0         101        32,633
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>           <C>              <C>         <C>         <C>      <C>            <C>           <C>           <C>
 2001          5,568           0           0           0         5,568          7,468         7,468         7,138
 2002          5,568           0           0           0         5,568          4,210        11,678         3,647
 2003          5,568           0           0           0         5,568          1,765        13,443         1,390
 2004          2,320           0           0           0         2,320            166        13,609           121
 2005              0           0           0           0             0              0        13,609             0
 2006              0           0           0           0             0              0        13,609             0
 2007              0           0           0           0             0              0        13,609             0
 2008              0           0           0           0             0              0        13,609             0
 2009              0           0           0           0             0              0        13,609             0
 2010              0           0           0           0             0              0        13,609             0
 2011              0           0           0           0             0              0        13,609             0
 2012              0           0           0           0             0              0        13,609             0
 2013              0           0           0           0             0              0        13,609             0
 2014              0           0           0           0             0              0        13,609             0
 2015              0           0           0           0             0              0        13,609             0

 SUBTOT       19,024           0           0           0        19,024         13,609                      12,296
 REMAIN            0           0           0           0             0              0        13,609             0
 TOTAL        19,024           0           0           0        19,024         13,609                      12,296

   LIFE OF EVALUATION IS 3.42 YEARS.
   FINAL PRODUCTION RATE: 0.1 MMCF/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

[LOGO OMITTED]  RYDER SCOTT COMPANY
                ---------------------
                PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                        TABLE 87
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>
 REICHEL FIELD, RUSH COUNTY, KANSAS                                                    GAS LEASE
   TENGASCO, INC. - OPERATOR   36-T17S-R17W                                            PROVED
     BEAHM #1   (LANSING)                                                              PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>         <C>        <C>            <C>
 INITIAL -   1.000000                      0.820313                             5.30        5.00% -       100,481
 FINAL   -   1.000000                      0.820313                             5.30       10.00% -        73,863
 REMARKS -                                                                                 15.00% -        57,646
                                                                                           20.00% -        47,026
                                                                                           25.00% -        39,637
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF (A)   $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>       <C>               <C>         <C>        <C>          <C>      <C>
 2001     1             0           0           5               0           0           2.911       0.00     5.30
 2002     1             0           0           4               0           0           2.789       0.00     5.30
 2003     1             0           0           5               0           0           2.672       0.00     5.30
 2004     1             0           0           4               0           0           2.560       0.00     5.30
 2005     1             0           0           4               0           0           2.452       0.00     5.30
 2006     1             0           0           4               0           0           2.349       0.00     5.30
 2007     1             0           0           3               0           0           2.250       0.00     5.30
 2008     1             0           0           4               0           0           2.156       0.00     5.30
 2009     1             0           0           3               0           0           2.065       0.00     5.30
 2010     1             0           0           4               0           0           1.979       0.00     5.30
 2011     1             0           0           3               0           0           1.896       0.00     5.30
 2012     1             0           0           3               0           0           1.816       0.00     5.30
 2013     1             0           0           3               0           0           1.740       0.00     5.30
 2014     1             0           0           2               0           0           1.667       0.00     5.30
 2015     1             0           0           3               0           0           1.597       0.00     5.30

 SUB-TOTAL              0           0          54               0           0          32.899       0.00     5.30
 REMAINDER              0           0          18               0           0          10.814       0.00     5.30
 TOTAL                  0           0          72               0           0          43.713       0.00     5.30

 CUMULATIVE             0           0         433    (A) NET GAS VOLUMES ACCOUNT FOR SURFACE LOSSES,
 ULTIMATE               0           0         505        SHRINKAGE FACTOR =  25.60 %
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>     <C>                <C>     <C>               <C>       <C>       <C>
 2001                0           0        15,425            0        15,425           0          48        15,377
 2002                0           0        14,778            0        14,778           0          46        14,732
 2003                0           0        14,157            0        14,157           0          44        14,113
 2004                0           0        13,562            0        13,562           0          42        13,520
 2005                0           0        12,992            0        12,992           0          40        12,952
 2006                0           0        12,447            0        12,447           0          38        12,409
 2007                0           0        11,924            0        11,924           0          37        11,887
 2008                0           0        11,424            0        11,424           0          36        11,388
 2009                0           0        10,943            0        10,943           0          34        10,909
 2010                0           0        10,484            0        10,484           0          32        10,452
 2011                0           0        10,044            0        10,044           0          31        10,013
 2012                0           0         9,622            0         9,622           0          30         9,592
 2013                0           0         9,217            0         9,217           0          29         9,188
 2014                0           0         8,831            0         8,831           0          27         8,804
 2015                0           0         8,459            0         8,459           0          26         8,433

 SUB-TOT             0           0       174,309            0       174,309           0         540       173,769
 REMAIN              0           0        57,300            0        57,300           0         178        57,122
 TOTAL               0           0       231,609            0       231,609           0         718       230,891
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>           <C>              <C>         <C>         <C>      <C>           <C>           <C>            <C>
 2001          3,576           0           0           0         3,576         11,801        11,801        11,238
 2002          3,576           0           0           0         3,576         11,156        22,957         9,616
 2003          3,576           0           0           0         3,576         10,537        33,494         8,222
 2004          3,576           0           0           0         3,576          9,944        43,438         7,024
 2005          3,576           0           0           0         3,576          9,376        52,814         5,995
 2006          3,576           0           0           0         3,576          8,833        61,647         5,112
 2007          3,576           0           0           0         3,576          8,311        69,958         4,355
 2008          3,576           0           0           0         3,576          7,812        77,770         3,705
 2009          3,576           0           0           0         3,576          7,333        85,103         3,148
 2010          3,576           0           0           0         3,576          6,876        91,979         2,672
 2011          3,576           0           0           0         3,576          6,437        98,416         2,265
 2012          3,576           0           0           0         3,576          6,016       104,432         1,916
 2013          3,576           0           0           0         3,576          5,612       110,044         1,618
 2014          3,576           0           0           0         3,576          5,228       115,272         1,364
 2015          3,576           0           0           0         3,576          4,857       120,129         1,147

 SUBTOT       53,640           0           0           0        53,640        120,129                      69,397
 REMAIN       29,364           0           0           0        29,364         27,758       147,887         4,466
 TOTAL        83,004           0           0           0        83,004        147,887                      73,863

   LIFE OF EVALUATION IS 23.21 YEARS.
   FINAL PRODUCTION RATE: 0.2 MMCF/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

[LOGO OMITTED]  RYDER SCOTT COMPANY
                ---------------------
                PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                        TABLE 88
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>
 REICHEL FIELD, RUSH COUNTY, KANSAS                                                    GAS LEASE
   TENGASCO, INC. - OPERATOR   15-T17S-R17W                                            PROVED
     BIEBER #1   (TOPEKA)                                                              PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>         <C>        <C>            <C>
 INITIAL -   1.000000                      0.820313                             5.30        5.00% -       164,204
 FINAL   -   1.000000                      0.820313                             5.30       10.00% -       104,957
 REMARKS -                                                                                 15.00% -        76,161
                                                                                           20.00% -        59,636
                                                                                           25.00% -        49,004
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF (A)   $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>       <C>               <C>         <C>        <C>          <C>      <C>
 2001     1             0           0           5               0           0           3.263       0.00     5.30
 2002     1             0           0           6               0           0           3.198       0.00     5.30
 2003     1             0           0           5               0           0           3.134       0.00     5.30
 2004     1             0           0           5               0           0           3.071       0.00     5.30
 2005     1             0           0           5               0           0           3.010       0.00     5.30
 2006     1             0           0           5               0           0           2.950       0.00     5.30
 2007     1             0           0           4               0           0           2.891       0.00     5.30
 2008     1             0           0           5               0           0           2.833       0.00     5.30
 2009     1             0           0           4               0           0           2.776       0.00     5.30
 2010     1             0           0           5               0           0           2.721       0.00     5.30
 2011     1             0           0           4               0           0           2.666       0.00     5.30
 2012     1             0           0           5               0           0           2.613       0.00     5.30
 2013     1             0           0           4               0           0           2.561       0.00     5.30
 2014     1             0           0           4               0           0           2.510       0.00     5.30
 2015     1             0           0           4               0           0           2.459       0.00     5.30

 SUB-TOTAL              0           0          70               0           0          42.656       0.00     5.30
 REMAINDER              0           0          77               0           0          46.801       0.00     5.30
 TOTAL                  0           0         147               0           0          89.457       0.00     5.30

 CUMULATIVE             0           0          73    (A) NET GAS VOLUMES ACCOUNT FOR SURFACE LOSSES,
 ULTIMATE               0           0         220        SHRINKAGE FACTOR =  25.60 %
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>     <C>                <C>     <C>               <C>     <C>         <C>
 2001                0           0        17,291            0        17,291           0          54        17,237
 2002                0           0        16,945            0        16,945           0          52        16,893
 2003                0           0        16,606            0        16,606           0          52        16,554
 2004                0           0        16,274            0        16,274           0          50        16,224
 2005                0           0        15,948            0        15,948           0          49        15,899
 2006                0           0        15,630            0        15,630           0          49        15,581
 2007                0           0        15,317            0        15,317           0          47        15,270
 2008                0           0        15,010            0        15,010           0          47        14,963
 2009                0           0        14,711            0        14,711           0          46        14,665
 2010                0           0        14,416            0        14,416           0          44        14,372
 2011                0           0        14,127            0        14,127           0          44        14,083
 2012                0           0        13,846            0        13,846           0          43        13,803
 2013                0           0        13,568            0        13,568           0          42        13,526
 2014                0           0        13,297            0        13,297           0          41        13,256
 2015                0           0        13,031            0        13,031           0          41        12,990

 SUB-TOT             0           0       226,017            0       226,017           0         701       225,316
 REMAIN              0           0       247,972            0       247,972           0         768       247,204
 TOTAL               0           0       473,989            0       473,989           0       1,469       472,520
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>          <C>               <C>         <C>         <C>     <C>            <C>           <C>           <C>
 2001          3,972           0           0           0         3,972         13,265        13,265        12,629
 2002          3,972           0           0           0         3,972         12,921        26,186        11,135
 2003          3,972           0           0           0         3,972         12,582        38,768         9,815
 2004          3,972           0           0           0         3,972         12,252        51,020         8,652
 2005          3,972           0           0           0         3,972         11,927        62,947         7,624
 2006          3,972           0           0           0         3,972         11,609        74,556         6,717
 2007          3,972           0           0           0         3,972         11,298        85,854         5,918
 2008          3,972           0           0           0         3,972         10,991        96,845         5,211
 2009          3,972           0           0           0         3,972         10,693       107,538         4,589
 2010          3,972           0           0           0         3,972         10,400       117,938         4,041
 2011          3,972           0           0           0         3,972         10,111       128,049         3,556
 2012          3,972           0           0           0         3,972          9,831       137,880         3,130
 2013          3,972           0           0           0         3,972          9,554       147,434         2,753
 2014          3,972           0           0           0         3,972          9,284       156,718         2,422
 2015          3,972           0           0           0         3,972          9,018       165,736         2,129

 SUBTOT       59,580           0           0           0        59,580        165,736                      90,321
 REMAIN       96,652           0           0           0        96,652        150,552       316,288        14,636
 TOTAL       156,232           0           0           0       156,232        316,288                     104,957

   LIFE OF EVALUATION IS 39.33 YEARS.
   FINAL PRODUCTION RATE: 0.2 MMCF/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

[LOGO OMITTED]  RYDER SCOTT COMPANY
                ---------------------
                PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                        TABLE 89
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>
 REICHEL FIELD, RUSH COUNTY, KANSAS                                                    GAS LEASE
   TENGASCO, INC. - OPERATOR   15-T17S-R17W                                            PROVED
     BIEBER -A- #1   (TOPEKA)                                                          PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>         <C>        <C>            <C>
 INITIAL -   1.000000                      0.820313                             5.30        5.00% -       148,316
 FINAL   -   1.000000                      0.820313                             5.30       10.00% -        99,283
 REMARKS -                                                                                 15.00% -        73,598
                                                                                           20.00% -        58,284
                                                                                           25.00% -        48,226
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF (A)   $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>       <C>               <C>         <C>        <C>          <C>      <C>
 2001     1             0           0           5               0           0           2.921       0.00     5.30
 2002     1             0           0           4               0           0           2.834       0.00     5.30
 2003     1             0           0           5               0           0           2.749       0.00     5.30
 2004     1             0           0           4               0           0           2.666       0.00     5.30
 2005     1             0           0           5               0           0           2.586       0.00     5.30
 2006     1             0           0           4               0           0           2.509       0.00     5.30
 2007     1             0           0           4               0           0           2.433       0.00     5.30
 2008     1             0           0           4               0           0           2.360       0.00     5.30
 2009     1             0           0           3               0           0           2.290       0.00     5.30
 2010     1             0           0           4               0           0           2.221       0.00     5.30
 2011     1             0           0           3               0           0           2.154       0.00     5.30
 2012     1             0           0           4               0           0           2.090       0.00     5.30
 2013     1             0           0           3               0           0           2.027       0.00     5.30
 2014     1             0           0           3               0           0           1.966       0.00     5.30
 2015     1             0           0           4               0           0           1.907       0.00     5.30

 SUB-TOTAL              0           0          59               0           0          35.713       0.00     5.30
 REMAINDER              0           0          41               0           0          25.594       0.00     5.30
 TOTAL                  0           0         100               0           0          61.307       0.00     5.30

 CUMULATIVE             0           0          71    (A) NET GAS VOLUMES ACCOUNT FOR SURFACE LOSSES,
 ULTIMATE               0           0         171        SHRINKAGE FACTOR =  25.60 %
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>     <C>                <C>     <C>               <C>     <C>         <C>
 2001                0           0        15,479            0        15,479           0          48        15,431
 2002                0           0        15,015            0        15,015           0          47        14,968
 2003                0           0        14,564            0        14,564           0          45        14,519
 2004                0           0        14,127            0        14,127           0          43        14,084
 2005                0           0        13,704            0        13,704           0          43        13,661
 2006                0           0        13,292            0        13,292           0          41        13,251
 2007                0           0        12,893            0        12,893           0          40        12,853
 2008                0           0        12,507            0        12,507           0          39        12,468
 2009                0           0        12,132            0        12,132           0          38        12,094
 2010                0           0        11,767            0        11,767           0          36        11,731
 2011                0           0        11,415            0        11,415           0          35        11,380
 2012                0           0        11,072            0        11,072           0          35        11,037
 2013                0           0        10,740            0        10,740           0          33        10,707
 2014                0           0        10,418            0        10,418           0          32        10,386
 2015                0           0        10,105            0        10,105           0          32        10,073

 SUB-TOT             0           0       189,230            0       189,230           0         587       188,643
 REMAIN              0           0       135,611            0       135,611           0         420       135,191
 TOTAL               0           0       324,841            0       324,841           0       1,007       323,834
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>           <C>              <C>         <C>         <C>      <C>           <C>           <C>            <C>
 2001          2,016           0           0           0         2,016         13,415        13,415        12,772
 2002          2,016           0           0           0         2,016         12,952        26,367        11,163
 2003          2,016           0           0           0         2,016         12,503        38,870         9,754
 2004          2,016           0           0           0         2,016         12,068        50,938         8,523
 2005          2,016           0           0           0         2,016         11,645        62,583         7,444
 2006          2,016           0           0           0         2,016         11,235        73,818         6,501
 2007          2,016           0           0           0         2,016         10,837        84,655         5,677
 2008          2,016           0           0           0         2,016         10,452        95,107         4,956
 2009          2,016           0           0           0         2,016         10,078       105,185         4,326
 2010          2,016           0           0           0         2,016          9,715       114,900         3,775
 2011          2,016           0           0           0         2,016          9,364       124,264         3,293
 2012          2,016           0           0           0         2,016          9,021       133,285         2,872
 2013          2,016           0           0           0         2,016          8,691       141,976         2,505
 2014          2,016           0           0           0         2,016          8,370       150,346         2,184
 2015          2,016           0           0           0         2,016          8,057       158,403         1,902

 SUBTOT       30,240           0           0           0        30,240        158,403                      87,647
 REMAIN       35,491           0           0           0        35,491         99,700       258,103        11,636
 TOTAL        65,731           0           0           0        65,731        258,103                      99,283

   LIFE OF EVALUATION IS 32.60 YEARS.
   FINAL PRODUCTION RATE: 0.2 MMCF/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

[LOGO OMITTED]  RYDER SCOTT COMPANY
                ---------------------
                PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                        TABLE 90
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>
 REICHEL FIELD, RUSH COUNTY, KANSAS                                                    GAS LEASE
   TENGASCO, INC. - OPERATOR   34-T17S-R16W                                            PROVED
     BRACK -A- #3   (GRANITE WASH)                                                     PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>         <C>        <C>             <C>
 INITIAL -   1.000000                      0.875000                             5.30        5.00% -        18,372
 FINAL   -   1.000000                      0.875000                             5.30       10.00% -        15,058
 REMARKS -                                                                                 15.00% -        12,577
                                                                                           20.00% -        10,689
                                                                                           25.00% -         9,229
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF (A)   $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>        <C>              <C>         <C>         <C>         <C>      <C>
 2001     1             0           0           1               0           0           0.959       0.00     5.30
 2002     1             0           0           2               0           0           0.938       0.00     5.30
 2003     1             0           0           1               0           0           0.918       0.00     5.30
 2004     1             0           0           2               0           0           0.898       0.00     5.30
 2005     1             0           0           1               0           0           0.879       0.00     5.30
 2006     1             0           0           1               0           0           0.860       0.00     5.30
 2007     1             0           0           2               0           0           0.841       0.00     5.30
 2008     1             0           0           1               0           0           0.823       0.00     5.30
 2009     1             0           0           1               0           0           0.805       0.00     5.30
 2010     1             0           0           1               0           0           0.698       0.00     5.30
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0          13               0           0           8.619       0.00     5.30
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0          13               0           0           8.619       0.00     5.30

 CUMULATIVE             0           0          28    (A) NET GAS VOLUMES ACCOUNT FOR SURFACE LOSSES,
 ULTIMATE               0           0          41        SHRINKAGE FACTOR =  25.60 %
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>      <C>               <C>      <C>              <C>       <C>        <C>
 2001                0           0         5,081            0         5,081           0          16         5,065
 2002                0           0         4,971            0         4,971           0          15         4,956
 2003                0           0         4,864            0         4,864           0          15         4,849
 2004                0           0         4,759            0         4,759           0          15         4,744
 2005                0           0         4,656            0         4,656           0          14         4,642
 2006                0           0         4,556            0         4,556           0          15         4,541
 2007                0           0         4,457            0         4,457           0          13         4,444
 2008                0           0         4,360            0         4,360           0          14         4,346
 2009                0           0         4,267            0         4,267           0          13         4,254
 2010                0           0         3,698            0         3,698           0          12         3,686
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT             0           0        45,669            0        45,669           0         142        45,527
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0        45,669            0        45,669           0         142        45,527
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>           <C>              <C>         <C>         <C>      <C>            <C>           <C>           <C>
 2001          2,292           0           0           0         2,292          2,773         2,773         2,640
 2002          2,292           0           0           0         2,292          2,664         5,437         2,296
 2003          2,292           0           0           0         2,292          2,557         7,994         1,995
 2004          2,292           0           0           0         2,292          2,452        10,446         1,732
 2005          2,292           0           0           0         2,292          2,350        12,796         1,502
 2006          2,292           0           0           0         2,292          2,249        15,045         1,302
 2007          2,292           0           0           0         2,292          2,152        17,197         1,127
 2008          2,292           0           0           0         2,292          2,054        19,251           974
 2009          2,292           0           0           0         2,292          1,962        21,213           843
 2010          2,028           0           0           0         2,028          1,658        22,871           647
 2011              0           0           0           0             0              0        22,871             0
 2012              0           0           0           0             0              0        22,871             0
 2013              0           0           0           0             0              0        22,871             0
 2014              0           0           0           0             0              0        22,871             0
 2015              0           0           0           0             0              0        22,871             0

 SUBTOT       22,656           0           0           0        22,656         22,871                      15,058
 REMAIN            0           0           0           0             0              0        22,871             0
 TOTAL        22,656           0           0           0        22,656         22,871                      15,058

   LIFE OF EVALUATION IS 9.88 YEARS.
   FINAL PRODUCTION RATE: 0.1 MMCF/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

[LOGO OMITTED]  RYDER SCOTT COMPANY
                ---------------------
                PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                        TABLE 91
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>
 REICHEL FIELD, RUSH COUNTY, KANSAS                                                    GAS LEASE
   TENGASCO, INC. - OPERATOR   7-T16S-R17W                                             PROVED
     BREIT #1   (TOPEKA)                                                               PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>     <C>            <C>                  <C>
 INITIAL -   1.000000                                                                       5.00% -             0
 FINAL   -   1.000000                                                                      10.00% -             0
 REMARKS -                                                                                 15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF (A)   $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>   <C>               <C>         <C>        <C>              <C>         <C>         <C>         <C>      <C>
 2001                   0           0           0               0           0           0.000       0.00     0.00
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE             0           0          28    (A) NET GAS VOLUMES ACCOUNT FOR SURFACE LOSSES,
 ULTIMATE               0           0          28        SHRINKAGE FACTOR =  25.60 %
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2001                0           0             0            0             0           0           0             0
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2001              0           0           0           0             0              0             0             0
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0.0 MMCF/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

[LOGO OMITTED]  RYDER SCOTT COMPANY
                ---------------------
                PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                        TABLE 92
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>
 REICHEL FIELD, RUSH COUNTY, KANSAS                                                    OIL LEASE
   TENGASCO, INC. - OPERATOR   7-T16S-R17W                                             PROVED
     BREIT-HOLZMEISTER -B-   (TOPEKA)                                                  PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>     <C>            <C>             <C>
 INITIAL -   1.000000  0.861328                         26.46                               5.00% -        20,622
 FINAL   -   1.000000  0.861328                         26.46                              10.00% -        16,588
 REMARKS -                                                                                 15.00% -        13,734
                                                                                           20.00% -        11,647
                                                                                           25.00% -        10,075
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>      <C>              <C>         <C>         <C>             <C>         <C>        <C>       <C>
 2001     1           407           0           0             351           0           0.000      26.46     0.00
 2002     1           397           0           0             342           0           0.000      26.46     0.00
 2003     1           387           0           0             332           0           0.000      26.46     0.00
 2004     1           376           0           0             325           0           0.000      26.46     0.00
 2005     1           366           0           0             315           0           0.000      26.46     0.00
 2006     1           357           0           0             307           0           0.000      26.46     0.00
 2007     1           347           0           0             300           0           0.000      26.46     0.00
 2008     1           339           0           0             291           0           0.000      26.46     0.00
 2009     1           329           0           0             284           0           0.000      26.46     0.00
 2010     1           321           0           0             276           0           0.000      26.46     0.00
 2011     1           312           0           0             269           0           0.000      26.46     0.00
 2012     1           305           0           0             262           0           0.000      26.46     0.00
 2013     1           296           0           0             256           0           0.000      26.46     0.00
 2014     1           288           0           0             248           0           0.000      26.46     0.00
 2015     1           281           0           0             242           0           0.000      26.46     0.00

 SUB-TOTAL          5,108           0           0           4,400           0           0.000      26.46     0.00
 REMAINDER            518           0           0             446           0           0.000      26.46     0.00
 TOTAL              5,626           0           0           4,846           0           0.000      26.46     0.00

 CUMULATIVE        13,699           0           0
 ULTIMATE          19,325           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>            <C>               <C>           <C>          <C>     <C>             <C>           <C>     <C>
 2001            9,286           0             0            0         9,286          15           0         9,271
 2002            9,042           0             0            0         9,042          14           0         9,028
 2003            8,805           0             0            0         8,805          14           0         8,791
 2004            8,575           0             0            0         8,575          14           0         8,561
 2005            8,350           0             0            0         8,350          13           0         8,337
 2006            8,131           0             0            0         8,131          14           0         8,117
 2007            7,918           0             0            0         7,918          12           0         7,906
 2008            7,711           0             0            0         7,711          13           0         7,698
 2009            7,509           0             0            0         7,509          12           0         7,497
 2010            7,312           0             0            0         7,312          11           0         7,301
 2011            7,120           0             0            0         7,120          12           0         7,108
 2012            6,934           0             0            0         6,934          11           0         6,923
 2013            6,752           0             0            0         6,752          11           0         6,741
 2014            6,576           0             0            0         6,576          10           0         6,566
 2015            6,403           0             0            0         6,403          10           0         6,393

 SUB-TOT       116,424           0             0            0       116,424         186           0       116,238
 REMAIN         11,807           0             0            0        11,807          19           0        11,788
 TOTAL         128,231           0             0            0       128,231         205           0       128,026
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>          <C>               <C>         <C>         <C>     <C>             <C>           <C>           <C>
 2001          6,000           0           0           0         6,000          3,271         3,271         3,115
 2002          6,000           0           0           0         6,000          3,028         6,299         2,611
 2003          6,000           0           0           0         6,000          2,791         9,090         2,178
 2004          6,000           0           0           0         6,000          2,561        11,651         1,810
 2005          6,000           0           0           0         6,000          2,337        13,988         1,494
 2006          6,000           0           0           0         6,000          2,117        16,105         1,226
 2007          6,000           0           0           0         6,000          1,906        18,011           999
 2008          6,000           0           0           0         6,000          1,698        19,709           806
 2009          6,000           0           0           0         6,000          1,497        21,206           643
 2010          6,000           0           0           0         6,000          1,301        22,507           506
 2011          6,000           0           0           0         6,000          1,108        23,615           390
 2012          6,000           0           0           0         6,000            923        24,538           294
 2013          6,000           0           0           0         6,000            741        25,279           214
 2014          6,000           0           0           0         6,000            566        25,845           148
 2015          6,000           0           0           0         6,000            393        26,238            93

 SUBTOT       90,000           0           0           0        90,000         26,238                      16,527
 REMAIN       11,500           0           0           0        11,500            288        26,526            61
 TOTAL       101,500           0           0           0       101,500         26,526                      16,588

   LIFE OF EVALUATION IS 16.92 YEARS.
   FINAL PRODUCTION RATE: 22 BBLS/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

[LOGO OMITTED]  RYDER SCOTT COMPANY
                ---------------------
                PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                        TABLE 93
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>
 REICHEL FIELD, RUSH COUNTY, KANSAS                                                    GAS LEASE
   TENGASCO, INC. - OPERATOR   8-T17S-R16W                                             PROVED
     DECKER -A- #1   (SHAWNEE)                                                         PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>         <C>        <C>            <C>
 INITIAL -   1.000000                      0.868164                             5.30        5.00% -       447,225
 FINAL   -   1.000000                      0.868164                             5.30       10.00% -       295,392
 REMARKS -                                                                                 15.00% -       218,374
                                                                                           20.00% -       172,879
                                                                                           25.00% -       143,043
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF (A)   $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>       <C>               <C>         <C>       <C>           <C>      <C>
 2001     1             0           0          14               0           0           8.836       0.00     5.30
 2002     1             0           0          13               0           0           8.703       0.00     5.30
 2003     1             0           0          13               0           0           8.442       0.00     5.30
 2004     1             0           0          13               0           0           8.189       0.00     5.30
 2005     1             0           0          12               0           0           7.943       0.00     5.30
 2006     1             0           0          12               0           0           7.705       0.00     5.30
 2007     1             0           0          12               0           0           7.473       0.00     5.30
 2008     1             0           0          11               0           0           7.249       0.00     5.30
 2009     1             0           0          11               0           0           7.032       0.00     5.30
 2010     1             0           0          10               0           0           6.821       0.00     5.30
 2011     1             0           0          11               0           0           6.616       0.00     5.30
 2012     1             0           0          10               0           0           6.418       0.00     5.30
 2013     1             0           0           9               0           0           6.225       0.00     5.30
 2014     1             0           0          10               0           0           6.038       0.00     5.30
 2015     1             0           0           9               0           0           5.857       0.00     5.30

 SUB-TOTAL              0           0         170               0           0         109.547       0.00     5.30
 REMAINDER              0           0         153               0           0          99.133       0.00     5.30
 TOTAL                  0           0         323               0           0         208.680       0.00     5.30

 CUMULATIVE             0           0         531    (A) NET GAS VOLUMES ACCOUNT FOR SURFACE LOSSES,
 ULTIMATE               0           0         854        SHRINKAGE FACTOR =  25.60 %
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>   <C>                  <C>   <C>                 <C>     <C>       <C>
 2001                0           0        46,818            0        46,818           0         145        46,673
 2002                0           0        46,112            0        46,112           0         143        45,969
 2003                0           0        44,729            0        44,729           0         139        44,590
 2004                0           0        43,387            0        43,387           0         134        43,253
 2005                0           0        42,085            0        42,085           0         131        41,954
 2006                0           0        40,823            0        40,823           0         126        40,697
 2007                0           0        39,598            0        39,598           0         123        39,475
 2008                0           0        38,410            0        38,410           0         119        38,291
 2009                0           0        37,257            0        37,257           0         116        37,141
 2010                0           0        36,140            0        36,140           0         112        36,028
 2011                0           0        35,056            0        35,056           0         108        34,948
 2012                0           0        34,004            0        34,004           0         106        33,898
 2013                0           0        32,984            0        32,984           0         102        32,882
 2014                0           0        31,995            0        31,995           0          99        31,896
 2015                0           0        31,035            0        31,035           0          96        30,939

 SUB-TOT             0           0       580,433            0       580,433           0       1,799       578,634
 REMAIN              0           0       525,254            0       525,254           0       1,629       523,625
 TOTAL               0           0     1,105,687            0     1,105,687           0       3,428     1,102,259
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>          <C>               <C>         <C>         <C>     <C>            <C>           <C>           <C>
 2001          7,284           0           0           0         7,284         39,389        39,389        37,491
 2002          7,284           0           0           0         7,284         38,685        78,074        33,341
 2003          7,284           0           0           0         7,284         37,306       115,380        29,105
 2004          7,284           0           0           0         7,284         35,969       151,349        25,401
 2005          7,284           0           0           0         7,284         34,670       186,019        22,164
 2006          7,284           0           0           0         7,284         33,413       219,432        19,335
 2007          7,284           0           0           0         7,284         32,191       251,623        16,863
 2008          7,284           0           0           0         7,284         31,007       282,630        14,703
 2009          7,284           0           0           0         7,284         29,857       312,487        12,815
 2010          7,284           0           0           0         7,284         28,744       341,231        11,169
 2011          7,284           0           0           0         7,284         27,664       368,895         9,730
 2012          7,284           0           0           0         7,284         26,614       395,509         8,473
 2013          7,284           0           0           0         7,284         25,598       421,107         7,378
 2014          7,284           0           0           0         7,284         24,612       445,719         6,421
 2015          7,284           0           0           0         7,284         23,655       469,374         5,586

 SUBTOT      109,260           0           0           0       109,260        469,374                     259,975
 REMAIN      177,244           0           0           0       177,244        346,381       815,755        35,417
 TOTAL       286,504           0           0           0       286,504        815,755                     295,392

   LIFE OF EVALUATION IS 39.33 YEARS.
   FINAL PRODUCTION RATE: 0.4 MMCF/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

[LOGO OMITTED]  RYDER SCOTT COMPANY
                ---------------------
                PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                        TABLE 94
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>
 REICHEL FIELD, RUSH COUNTY, KANSAS                                                    GAS LEASE
   TENGASCO, INC. - OPERATOR   35-T16S-R17W                                            PROVED
     EDWARDS #1   (LANSING)                                                            PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>         <C>        <C>            <C>
 INITIAL -   1.000000                      0.875000                             5.30        5.00% -       156,076
 FINAL   -   1.000000                      0.875000                             5.30       10.00% -       102,581
 REMARKS -                                                                                 15.00% -        75,615
                                                                                           20.00% -        59,763
                                                                                           25.00% -        49,402
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF (A)   $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>       <C>               <C>         <C>        <C>          <C>      <C>
 2001     1             0           0           5               0           0           3.263       0.00     5.30
 2002     1             0           0           5               0           0           3.178       0.00     5.30
 2003     1             0           0           5               0           0           3.095       0.00     5.30
 2004     1             0           0           4               0           0           3.014       0.00     5.30
 2005     1             0           0           5               0           0           2.935       0.00     5.30
 2006     1             0           0           4               0           0           2.858       0.00     5.30
 2007     1             0           0           4               0           0           2.783       0.00     5.30
 2008     1             0           0           5               0           0           2.710       0.00     5.30
 2009     1             0           0           4               0           0           2.640       0.00     5.30
 2010     1             0           0           4               0           0           2.570       0.00     5.30
 2011     1             0           0           3               0           0           2.503       0.00     5.30
 2012     1             0           0           4               0           0           2.438       0.00     5.30
 2013     1             0           0           4               0           0           2.374       0.00     5.30
 2014     1             0           0           3               0           0           2.312       0.00     5.30
 2015     1             0           0           4               0           0           2.251       0.00     5.30

 SUB-TOTAL              0           0          63               0           0          40.924       0.00     5.30
 REMAINDER              0           0          61               0           0          39.833       0.00     5.30
 TOTAL                  0           0         124               0           0          80.757       0.00     5.30

 CUMULATIVE             0           0          86    (A) NET GAS VOLUMES ACCOUNT FOR SURFACE LOSSES,
 ULTIMATE               0           0         210        SHRINKAGE FACTOR =  25.60 %
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>     <C>                <C>     <C>               <C>     <C>         <C>
 2001                0           0        17,291            0        17,291           0          54        17,237
 2002                0           0        16,838            0        16,838           0          52        16,786
 2003                0           0        16,398            0        16,398           0          51        16,347
 2004                0           0        15,968            0        15,968           0          49        15,919
 2005                0           0        15,551            0        15,551           0          48        15,503
 2006                0           0        15,144            0        15,144           0          47        15,097
 2007                0           0        14,747            0        14,747           0          46        14,701
 2008                0           0        14,362            0        14,362           0          45        14,317
 2009                0           0        13,985            0        13,985           0          43        13,942
 2010                0           0        13,620            0        13,620           0          42        13,578
 2011                0           0        13,263            0        13,263           0          41        13,222
 2012                0           0        12,916            0        12,916           0          40        12,876
 2013                0           0        12,578            0        12,578           0          39        12,539
 2014                0           0        12,249            0        12,249           0          38        12,211
 2015                0           0        11,928            0        11,928           0          37        11,891

 SUB-TOT             0           0       216,838            0       216,838           0         672       216,166
 REMAIN              0           0       211,056            0       211,056           0         654       210,402
 TOTAL               0           0       427,894            0       427,894           0       1,326       426,568
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>          <C>               <C>         <C>         <C>     <C>            <C>           <C>           <C>
 2001          3,552           0           0           0         3,552         13,685        13,685        13,029
 2002          3,552           0           0           0         3,552         13,234        26,919        11,406
 2003          3,552           0           0           0         3,552         12,795        39,714         9,982
 2004          3,552           0           0           0         3,552         12,367        52,081         8,733
 2005          3,552           0           0           0         3,552         11,951        64,032         7,640
 2006          3,552           0           0           0         3,552         11,545        75,577         6,681
 2007          3,552           0           0           0         3,552         11,149        86,726         5,840
 2008          3,552           0           0           0         3,552         10,765        97,491         5,104
 2009          3,552           0           0           0         3,552         10,390       107,881         4,460
 2010          3,552           0           0           0         3,552         10,026       117,907         3,895
 2011          3,552           0           0           0         3,552          9,670       127,577         3,402
 2012          3,552           0           0           0         3,552          9,324       136,901         2,968
 2013          3,552           0           0           0         3,552          8,987       145,888         2,590
 2014          3,552           0           0           0         3,552          8,659       154,547         2,259
 2015          3,552           0           0           0         3,552          8,339       162,886         1,969

 SUBTOT       53,280           0           0           0        53,280        162,886                      89,958
 REMAIN       86,432           0           0           0        86,432        123,970       286,856        12,623
 TOTAL       139,712           0           0           0       139,712        286,856                     102,581

   LIFE OF EVALUATION IS 39.33 YEARS.
   FINAL PRODUCTION RATE: 0.1 MMCF/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

[LOGO OMITTED]  RYDER SCOTT COMPANY
                ---------------------
                PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                        TABLE 95
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>
 REICHEL FIELD, RUSH COUNTY, KANSAS                                                    GAS LEASE
   TENGASCO, INC. - OPERATOR   19-T17S-R16W                                            PROVED
     ELDER #1   (TOPEKA)                                                               PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>         <C>        <C>             <C>
 INITIAL -   1.000000                      0.875000                             5.30        5.00% -        27,889
 FINAL   -   1.000000                      0.875000                             5.30       10.00% -        22,504
 REMARKS -                                                                                 15.00% -        18,600
                                                                                           20.00% -        15,705
                                                                                           25.00% -        13,511
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF (A)   $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>        <C>              <C>         <C>        <C>          <C>      <C>
 2001     1             0           0           2               0           0           1.592       0.00     5.30
 2002     1             0           0           3               0           0           1.549       0.00     5.30
 2003     1             0           0           2               0           0           1.507       0.00     5.30
 2004     1             0           0           2               0           0           1.467       0.00     5.30
 2005     1             0           0           3               0           0           1.427       0.00     5.30
 2006     1             0           0           2               0           0           1.388       0.00     5.30
 2007     1             0           0           2               0           0           1.351       0.00     5.30
 2008     1             0           0           2               0           0           1.314       0.00     5.30
 2009     1             0           0           2               0           0           1.279       0.00     5.30
 2010     1             0           0           2               0           0           1.244       0.00     5.30
 2011     1             0           0           2               0           0           1.211       0.00     5.30
 2012     1             0           0           1               0           0           0.817       0.00     5.30
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0          25               0           0          16.146       0.00     5.30
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0          25               0           0          16.146       0.00     5.30

 CUMULATIVE             0           0          51    (A) NET GAS VOLUMES ACCOUNT FOR SURFACE LOSSES,
 ULTIMATE               0           0          76        SHRINKAGE FACTOR =  25.60 %
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>      <C>               <C>      <C>              <C>       <C>        <C>
 2001                0           0         8,436            0         8,436           0          26         8,410
 2002                0           0         8,207            0         8,207           0          26         8,181
 2003                0           0         7,987            0         7,987           0          24         7,963
 2004                0           0         7,770            0         7,770           0          24         7,746
 2005                0           0         7,561            0         7,561           0          24         7,537
 2006                0           0         7,356            0         7,356           0          23         7,333
 2007                0           0         7,158            0         7,158           0          22         7,136
 2008                0           0         6,965            0         6,965           0          21         6,944
 2009                0           0         6,777            0         6,777           0          21         6,756
 2010                0           0         6,594            0         6,594           0          21         6,573
 2011                0           0         6,415            0         6,415           0          20         6,395
 2012                0           0         4,327            0         4,327           0          13         4,314
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT             0           0        85,553            0        85,553           0         265        85,288
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0        85,553            0        85,553           0         265        85,288
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>           <C>              <C>         <C>         <C>      <C>            <C>           <C>           <C>
 2001          4,260           0           0           0         4,260          4,150         4,150         3,952
 2002          4,260           0           0           0         4,260          3,921         8,071         3,380
 2003          4,260           0           0           0         4,260          3,703        11,774         2,889
 2004          4,260           0           0           0         4,260          3,486        15,260         2,463
 2005          4,260           0           0           0         4,260          3,277        18,537         2,095
 2006          4,260           0           0           0         4,260          3,073        21,610         1,779
 2007          4,260           0           0           0         4,260          2,876        24,486         1,507
 2008          4,260           0           0           0         4,260          2,684        27,170         1,273
 2009          4,260           0           0           0         4,260          2,496        29,666         1,071
 2010          4,260           0           0           0         4,260          2,313        31,979           899
 2011          4,260           0           0           0         4,260          2,135        34,114           751
 2012          2,940           0           0           0         2,940          1,374        35,488           445
 2013              0           0           0           0             0              0        35,488             0
 2014              0           0           0           0             0              0        35,488             0
 2015              0           0           0           0             0              0        35,488             0

 SUBTOT       49,800           0           0           0        49,800         35,488                      22,504
 REMAIN            0           0           0           0             0              0        35,488             0
 TOTAL        49,800           0           0           0        49,800         35,488                      22,504

   LIFE OF EVALUATION IS 11.69 YEARS.
   FINAL PRODUCTION RATE: 0.2 MMCF/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

[LOGO OMITTED]  RYDER SCOTT COMPANY
                ---------------------
                PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                        TABLE 96
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>
 REICHEL FIELD, RUSH COUNTY, KANSAS                                                    GAS LEASE
   TENGASCO, INC. - OPERATOR   25-T17S-R17W                                            PROVED
     FOOS #1   (LANSING)                                                               PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>         <C>        <C>            <C>
 INITIAL -   1.000000                      0.820313                             5.30        5.00% -       191,323
 FINAL   -   1.000000                      0.820313                             5.30       10.00% -       140,051
 REMARKS -                                                                                 15.00% -       109,527
                                                                                           20.00% -        89,665
                                                                                           25.00% -        75,832
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF (A)   $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>       <C>               <C>         <C>        <C>          <C>      <C>
 2001     1             0           0           9               0           0           5.354       0.00     5.30
 2002     1             0           0           8               0           0           5.087       0.00     5.30
 2003     1             0           0           8               0           0           4.832       0.00     5.30
 2004     1             0           0           8               0           0           4.591       0.00     5.30
 2005     1             0           0           7               0           0           4.361       0.00     5.30
 2006     1             0           0           6               0           0           4.143       0.00     5.30
 2007     1             0           0           7               0           0           3.936       0.00     5.30
 2008     1             0           0           6               0           0           3.739       0.00     5.30
 2009     1             0           0           6               0           0           3.552       0.00     5.30
 2010     1             0           0           5               0           0           3.375       0.00     5.30
 2011     1             0           0           6               0           0           3.206       0.00     5.30
 2012     1             0           0           5               0           0           3.046       0.00     5.30
 2013     1             0           0           4               0           0           2.893       0.00     5.30
 2014     1             0           0           5               0           0           2.749       0.00     5.30
 2015     1             0           0           4               0           0           2.611       0.00     5.30

 SUB-TOTAL              0           0          94               0           0          57.475       0.00     5.30
 REMAINDER              0           0          50               0           0          30.157       0.00     5.30
 TOTAL                  0           0         144               0           0          87.632       0.00     5.30

 CUMULATIVE             0           0          90    (A) NET GAS VOLUMES ACCOUNT FOR SURFACE LOSSES,
 ULTIMATE               0           0         234        SHRINKAGE FACTOR =  25.60 %
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>     <C>                <C>     <C>               <C>     <C>         <C>
 2001                0           0        28,370            0        28,370           0          88        28,282
 2002                0           0        26,951            0        26,951           0          83        26,868
 2003                0           0        25,604            0        25,604           0          80        25,524
 2004                0           0        24,323            0        24,323           0          75        24,248
 2005                0           0        23,108            0        23,108           0          72        23,036
 2006                0           0        21,952            0        21,952           0          68        21,884
 2007                0           0        20,854            0        20,854           0          65        20,789
 2008                0           0        19,812            0        19,812           0          61        19,751
 2009                0           0        18,821            0        18,821           0          58        18,763
 2010                0           0        17,880            0        17,880           0          56        17,824
 2011                0           0        16,986            0        16,986           0          52        16,934
 2012                0           0        16,137            0        16,137           0          50        16,087
 2013                0           0        15,329            0        15,329           0          48        15,281
 2014                0           0        14,564            0        14,564           0          45        14,519
 2015                0           0        13,835            0        13,835           0          43        13,792

 SUB-TOT             0           0       304,526            0       304,526           0         944       303,582
 REMAIN              0           0       159,784            0       159,784           0         495       159,289
 TOTAL               0           0       464,310            0       464,310           0       1,439       462,871
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>          <C>               <C>         <C>         <C>     <C>            <C>           <C>           <C>
 2001          5,268           0           0           0         5,268         23,014        23,014        21,916
 2002          5,268           0           0           0         5,268         21,600        44,614        18,621
 2003          5,268           0           0           0         5,268         20,256        64,870        15,806
 2004          5,268           0           0           0         5,268         18,980        83,850        13,407
 2005          5,268           0           0           0         5,268         17,768       101,618        11,362
 2006          5,268           0           0           0         5,268         16,616       118,234         9,618
 2007          5,268           0           0           0         5,268         15,521       133,755         8,132
 2008          5,268           0           0           0         5,268         14,483       148,238         6,869
 2009          5,268           0           0           0         5,268         13,495       161,733         5,795
 2010          5,268           0           0           0         5,268         12,556       174,289         4,880
 2011          5,268           0           0           0         5,268         11,666       185,955         4,104
 2012          5,268           0           0           0         5,268         10,819       196,774         3,445
 2013          5,268           0           0           0         5,268         10,013       206,787         2,887
 2014          5,268           0           0           0         5,268          9,251       216,038         2,414
 2015          5,268           0           0           0         5,268          8,524       224,562         2,014

 SUBTOT       79,020           0           0           0        79,020        224,562                     131,270
 REMAIN       96,141           0           0           0        96,141         63,148       287,710         8,781
 TOTAL       175,161           0           0           0       175,161        287,710                     140,051

   LIFE OF EVALUATION IS 33.25 YEARS.
   FINAL PRODUCTION RATE: 0.1 MMCF/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

[LOGO OMITTED]  RYDER SCOTT COMPANY
                ---------------------
                PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                        TABLE 97
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>
 REICHEL FIELD, RUSH COUNTY, KANSAS                                                    GAS LEASE
   TENGASCO, INC. - OPERATOR   22-T17S-R17W                                            PROVED
     FOOS -A- #1   (LANSING)                                                           PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>         <C>        <C>             <C>
 INITIAL -   1.000000                      0.820313                             5.30        5.00% -        61,942
 FINAL   -   1.000000                      0.820313                             5.30       10.00% -        44,368
 REMARKS -                                                                                 15.00% -        34,166
                                                                                           20.00% -        27,665
                                                                                           25.00% -        23,213
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF (A)   $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>       <C>               <C>         <C>        <C>          <C>      <C>
 2001     1             0           0           3               0           0           1.909       0.00     5.30
 2002     1             0           0           3               0           0           1.847       0.00     5.30
 2003     1             0           0           3               0           0           1.787       0.00     5.30
 2004     1             0           0           3               0           0           1.729       0.00     5.30
 2005     1             0           0           3               0           0           1.673       0.00     5.30
 2006     1             0           0           2               0           0           1.618       0.00     5.30
 2007     1             0           0           3               0           0           1.566       0.00     5.30
 2008     1             0           0           2               0           0           1.515       0.00     5.30
 2009     1             0           0           3               0           0           1.466       0.00     5.30
 2010     1             0           0           2               0           0           1.418       0.00     5.30
 2011     1             0           0           2               0           0           1.372       0.00     5.30
 2012     1             0           0           3               0           0           1.327       0.00     5.30
 2013     1             0           0           2               0           0           1.284       0.00     5.30
 2014     1             0           0           2               0           0           1.242       0.00     5.30
 2015     1             0           0           2               0           0           1.202       0.00     5.30

 SUB-TOTAL              0           0          38               0           0          22.955       0.00     5.30
 REMAINDER              0           0          22               0           0          13.617       0.00     5.30
 TOTAL                  0           0          60               0           0          36.572       0.00     5.30

 CUMULATIVE             0           0         553    (A) NET GAS VOLUMES ACCOUNT FOR SURFACE LOSSES,
 ULTIMATE               0           0         613        SHRINKAGE FACTOR =  25.60 %
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>     <C>                <C>     <C>               <C>       <C>       <C>
 2001                0           0        10,115            0        10,115           0          31        10,084
 2002                0           0         9,787            0         9,787           0          31         9,756
 2003                0           0         9,468            0         9,468           0          29         9,439
 2004                0           0         9,161            0         9,161           0          28         9,133
 2005                0           0         8,863            0         8,863           0          28         8,835
 2006                0           0         8,575            0         8,575           0          27         8,548
 2007                0           0         8,296            0         8,296           0          25         8,271
 2008                0           0         8,027            0         8,027           0          25         8,002
 2009                0           0         7,765            0         7,765           0          24         7,741
 2010                0           0         7,514            0         7,514           0          23         7,491
 2011                0           0         7,269            0         7,269           0          23         7,246
 2012                0           0         7,033            0         7,033           0          22         7,011
 2013                0           0         6,804            0         6,804           0          21         6,783
 2014                0           0         6,584            0         6,584           0          20         6,564
 2015                0           0         6,369            0         6,369           0          20         6,349

 SUB-TOT             0           0       121,630            0       121,630           0         377       121,253
 REMAIN              0           0        72,148            0        72,148           0         224        71,924
 TOTAL               0           0       193,778            0       193,778           0         601       193,177
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>           <C>              <C>         <C>         <C>      <C>            <C>           <C>           <C>
 2001          3,300           0           0           0         3,300          6,784         6,784         6,460
 2002          3,300           0           0           0         3,300          6,456        13,240         5,564
 2003          3,300           0           0           0         3,300          6,139        19,379         4,790
 2004          3,300           0           0           0         3,300          5,833        25,212         4,120
 2005          3,300           0           0           0         3,300          5,535        30,747         3,539
 2006          3,300           0           0           0         3,300          5,248        35,995         3,037
 2007          3,300           0           0           0         3,300          4,971        40,966         2,605
 2008          3,300           0           0           0         3,300          4,702        45,668         2,230
 2009          3,300           0           0           0         3,300          4,441        50,109         1,906
 2010          3,300           0           0           0         3,300          4,191        54,300         1,629
 2011          3,300           0           0           0         3,300          3,946        58,246         1,388
 2012          3,300           0           0           0         3,300          3,711        61,957         1,182
 2013          3,300           0           0           0         3,300          3,483        65,440         1,004
 2014          3,300           0           0           0         3,300          3,264        68,704           852
 2015          3,300           0           0           0         3,300          3,049        71,753           720

 SUBTOT       49,500           0           0           0        49,500         71,753                      41,026
 REMAIN       47,828           0           0           0        47,828         24,096        95,849         3,342
 TOTAL        97,328           0           0           0        97,328         95,849                      44,368

   LIFE OF EVALUATION IS 29.49 YEARS.
   FINAL PRODUCTION RATE: 0.1 MMCF/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

[LOGO OMITTED]  RYDER SCOTT COMPANY
                ---------------------
                PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                        TABLE 98
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>
 REICHEL FIELD, RUSH COUNTY, KANSAS                                                    GAS LEASE
   TENGASCO, INC. - OPERATOR   4-T17S-R17W                                             PROVED
     FRYE #2   (TOPEKA)                                                                PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>     <C>            <C>                  <C>
 INITIAL -   1.000000                                                                       5.00% -             0
 FINAL   -   1.000000                                                                      10.00% -             0
 REMARKS -                                                                                 15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>   <C>               <C>         <C>        <C>              <C>         <C>         <C>         <C>      <C>
 2001                   0           0           0               0           0           0.000       0.00     0.00
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE             0           0          12
 ULTIMATE               0           0          12
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2001                0           0             0            0             0           0           0             0
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2001              0           0           0           0             0              0             0             0
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0.0 MMCF/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

[LOGO OMITTED]  RYDER SCOTT COMPANY
                ---------------------
                PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                        TABLE 99
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>
 REICHEL FIELD, RUSH COUNTY, KANSAS                                                    GAS LEASE
   TENGASCO, INC. - OPERATOR   19-T17S-R16W                                            PROVED
     GIESICK #1   (KANSAS CITY)                                                        PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>         <C>        <C>            <C>
 INITIAL -   1.000000                      0.875000                             5.30        5.00% -       536,131
 FINAL   -   1.000000                      0.875000                             5.30       10.00% -       407,274
 REMARKS -                                                                                 15.00% -       325,641
                                                                                           20.00% -       270,337
                                                                                           25.00% -       230,779
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF (A)   $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>     <C>                 <C>         <C>       <C>           <C>      <C>
 2001     1             0           0          26               0           0          17.003       0.00     5.30
 2002     1             0           0          25               0           0          15.983       0.00     5.30
 2003     1             0           0          23               0           0          15.024       0.00     5.30
 2004     1             0           0          21               0           0          14.123       0.00     5.30
 2005     1             0           0          21               0           0          13.275       0.00     5.30
 2006     1             0           0          19               0           0          12.479       0.00     5.30
 2007     1             0           0          18               0           0          11.730       0.00     5.30
 2008     1             0           0          17               0           0          11.026       0.00     5.30
 2009     1             0           0          16               0           0          10.365       0.00     5.30
 2010     1             0           0          15               0           0           9.743       0.00     5.30
 2011     1             0           0          14               0           0           9.158       0.00     5.30
 2012     1             0           0          13               0           0           8.609       0.00     5.30
 2013     1             0           0          13               0           0           8.092       0.00     5.30
 2014     1             0           0          11               0           0           7.607       0.00     5.30
 2015     1             0           0          11               0           0           7.150       0.00     5.30

 SUB-TOTAL              0           0         263               0           0         171.367       0.00     5.30
 REMAINDER              0           0          93               0           0          60.065       0.00     5.30
 TOTAL                  0           0         356               0           0         231.432       0.00     5.30

 CUMULATIVE             0           0         834    (A) NET GAS VOLUMES ACCOUNT FOR SURFACE LOSSES,
 ULTIMATE               0           0       1,190        SHRINKAGE FACTOR =  25.60 %
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>   <C>                  <C>   <C>                 <C>     <C>       <C>
 2001                0           0        90,092            0        90,092           0         279        89,813
 2002                0           0        84,686            0        84,686           0         263        84,423
 2003                0           0        79,605            0        79,605           0         247        79,358
 2004                0           0        74,829            0        74,829           0         232        74,597
 2005                0           0        70,339            0        70,339           0         218        70,121
 2006                0           0        66,119            0        66,119           0         205        65,914
 2007                0           0        62,152            0        62,152           0         192        61,960
 2008                0           0        58,423            0        58,423           0         181        58,242
 2009                0           0        54,917            0        54,917           0         171        54,746
 2010                0           0        51,622            0        51,622           0         160        51,462
 2011                0           0        48,525            0        48,525           0         150        48,375
 2012                0           0        45,613            0        45,613           0         141        45,472
 2013                0           0        42,877            0        42,877           0         133        42,744
 2014                0           0        40,304            0        40,304           0         125        40,179
 2015                0           0        37,885            0        37,885           0         118        37,767

 SUB-TOT             0           0       907,988            0       907,988           0       2,815       905,173
 REMAIN              0           0       318,254            0       318,254           0         986       317,268
 TOTAL               0           0     1,226,242            0     1,226,242           0       3,801     1,222,441
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>          <C>               <C>         <C>         <C>     <C>            <C>           <C>           <C>
 2001         16,992           0           0           0        16,992         72,821        72,821        69,356
 2002         16,992           0           0           0        16,992         67,431       140,252        58,135
 2003         16,992           0           0           0        16,992         62,366       202,618        48,673
 2004         16,992           0           0           0        16,992         57,605       260,223        40,696
 2005         16,992           0           0           0        16,992         53,129       313,352        33,977
 2006         16,992           0           0           0        16,992         48,922       362,274        28,321
 2007         16,992           0           0           0        16,992         44,968       407,242        23,564
 2008         16,992           0           0           0        16,992         41,250       448,492        19,568
 2009         16,992           0           0           0        16,992         37,754       486,246        16,212
 2010         16,992           0           0           0        16,992         34,470       520,716        13,400
 2011         16,992           0           0           0        16,992         31,383       552,099        11,043
 2012         16,992           0           0           0        16,992         28,480       580,579         9,072
 2013         16,992           0           0           0        16,992         25,752       606,331         7,426
 2014         16,992           0           0           0        16,992         23,187       629,518         6,052
 2015         16,992           0           0           0        16,992         20,775       650,293         4,909

 SUBTOT      254,880           0           0           0       254,880        650,293                     390,404
 REMAIN      210,984           0           0           0       210,984        106,284       756,577        16,870
 TOTAL       465,864           0           0           0       465,864        756,577                     407,274

   LIFE OF EVALUATION IS 27.42 YEARS.
   FINAL PRODUCTION RATE: 0.4 MMCF/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

[LOGO OMITTED]  RYDER SCOTT COMPANY
                ---------------------
                PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 100
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>
 REICHEL FIELD, RUSH COUNTY, KANSAS                                                    GAS LEASE
   TENGASCO, INC. - OPERATOR   24-T17S-R17W                                            PROVED
     GILLIG #1   (TOPEKA)                                                              PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>         <C>        <C>             <C>
 INITIAL -   1.000000                      0.875000                             5.30        5.00% -        78,757
 FINAL   -   1.000000                      0.875000                             5.30       10.00% -        60,928
 REMARKS -                                                                                 15.00% -        48,937
                                                                                           20.00% -        40,553
                                                                                           25.00% -        34,474
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF (A)   $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>       <C>               <C>         <C>        <C>          <C>      <C>
 2001     1             0           0           4               0           0           2.440       0.00     5.30
 2002     1             0           0           3               0           0           2.325       0.00     5.30
 2003     1             0           0           4               0           0           2.216       0.00     5.30
 2004     1             0           0           3               0           0           2.111       0.00     5.30
 2005     1             0           0           3               0           0           2.012       0.00     5.30
 2006     1             0           0           3               0           0           1.917       0.00     5.30
 2007     1             0           0           3               0           0           1.826       0.00     5.30
 2008     1             0           0           2               0           0           1.740       0.00     5.30
 2009     1             0           0           3               0           0           1.658       0.00     5.30
 2010     1             0           0           2               0           0           1.580       0.00     5.30
 2011     1             0           0           3               0           0           1.506       0.00     5.30
 2012     1             0           0           2               0           0           1.435       0.00     5.30
 2013     1             0           0           2               0           0           1.367       0.00     5.30
 2014     1             0           0           2               0           0           1.303       0.00     5.30
 2015     1             0           0           2               0           0           1.241       0.00     5.30

 SUB-TOTAL              0           0          41               0           0          26.677       0.00     5.30
 REMAINDER              0           0           1               0           0           0.727       0.00     5.30
 TOTAL                  0           0          42               0           0          27.404       0.00     5.30

 CUMULATIVE             0           0         617    (A) NET GAS VOLUMES ACCOUNT FOR SURFACE LOSSES,
 ULTIMATE               0           0         659        SHRINKAGE FACTOR =  25.60 %
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>     <C>                <C>     <C>               <C>       <C>       <C>
 2001                0           0        12,931            0        12,931           0          40        12,891
 2002                0           0        12,320            0        12,320           0          38        12,282
 2003                0           0        11,740            0        11,740           0          37        11,703
 2004                0           0        11,187            0        11,187           0          34        11,153
 2005                0           0        10,659            0        10,659           0          33        10,626
 2006                0           0        10,156            0        10,156           0          32        10,124
 2007                0           0         9,678            0         9,678           0          30         9,648
 2008                0           0         9,221            0         9,221           0          28         9,193
 2009                0           0         8,787            0         8,787           0          28         8,759
 2010                0           0         8,372            0         8,372           0          26         8,346
 2011                0           0         7,977            0         7,977           0          24         7,953
 2012                0           0         7,601            0         7,601           0          24         7,577
 2013                0           0         7,243            0         7,243           0          22         7,221
 2014                0           0         6,902            0         6,902           0          22         6,880
 2015                0           0         6,576            0         6,576           0          20         6,556

 SUB-TOT             0           0       141,350            0       141,350           0         438       140,912
 REMAIN              0           0         3,852            0         3,852           0          12         3,840
 TOTAL               0           0       145,202            0       145,202           0         450       144,752
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>           <C>              <C>         <C>         <C>      <C>           <C>           <C>            <C>
 2001          2,460           0           0           0         2,460         10,431        10,431         9,933
 2002          2,460           0           0           0         2,460          9,822        20,253         8,467
 2003          2,460           0           0           0         2,460          9,243        29,496         7,213
 2004          2,460           0           0           0         2,460          8,693        38,189         6,140
 2005          2,460           0           0           0         2,460          8,166        46,355         5,221
 2006          2,460           0           0           0         2,460          7,664        54,019         4,436
 2007          2,460           0           0           0         2,460          7,188        61,207         3,767
 2008          2,460           0           0           0         2,460          6,733        67,940         3,193
 2009          2,460           0           0           0         2,460          6,299        74,239         2,704
 2010          2,460           0           0           0         2,460          5,886        80,125         2,288
 2011          2,460           0           0           0         2,460          5,493        85,618         1,932
 2012          2,460           0           0           0         2,460          5,117        90,735         1,630
 2013          2,460           0           0           0         2,460          4,761        95,496         1,372
 2014          2,460           0           0           0         2,460          4,420        99,916         1,154
 2015          2,460           0           0           0         2,460          4,096       104,012           968

 SUBTOT       36,900           0           0           0        36,900        104,012                      60,418
 REMAIN        1,498           0           0           0         1,498          2,342       106,354           510
 TOTAL        38,398           0           0           0        38,398        106,354                      60,928

   LIFE OF EVALUATION IS 15.61 YEARS.
   FINAL PRODUCTION RATE: 0.2 MMCF/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

[LOGO OMITTED]  RYDER SCOTT COMPANY
                ---------------------
                PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 101
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>
 REICHEL FIELD, RUSH COUNTY, KANSAS                                                    GAS LEASE
   TENGASCO, INC. - OPERATOR   9-T17S-R17W                                             PROVED
     GRUMBEIN #1-A   (KSSC-LNSG)                                                       PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>         <C>        <C>             <C>
 INITIAL -   1.000000                      0.875000                             5.30        5.00% -        33,013
 FINAL   -   1.000000                      0.875000                             5.30       10.00% -        29,262
 REMARKS -                                                                                 15.00% -        26,133
                                                                                           20.00% -        23,505
                                                                                           25.00% -        21,283
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF (A)   $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>       <C>               <C>         <C>        <C>          <C>      <C>
 2001     1             0           0           3               0           0           2.081       0.00     5.30
 2002     1             0           0           3               0           0           1.882       0.00     5.30
 2003     1             0           0           3               0           0           1.703       0.00     5.30
 2004     1             0           0           2               0           0           1.540       0.00     5.30
 2005     1             0           0           2               0           0           1.393       0.00     5.30
 2006     1             0           0           2               0           0           1.260       0.00     5.30
 2007     1             0           0           1               0           0           0.255       0.00     5.30
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0          16               0           0          10.114       0.00     5.30
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0          16               0           0          10.114       0.00     5.30

 CUMULATIVE             0           0         116    (A) NET GAS VOLUMES ACCOUNT FOR SURFACE LOSSES,
 ULTIMATE               0           0         132        SHRINKAGE FACTOR =  25.60 %
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>      <C>               <C>      <C>              <C>       <C>        <C>
 2001                0           0        11,027            0        11,027           0          34        10,993
 2002                0           0         9,974            0         9,974           0          31         9,943
 2003                0           0         9,021            0         9,021           0          28         8,993
 2004                0           0         8,160            0         8,160           0          25         8,135
 2005                0           0         7,381            0         7,381           0          23         7,358
 2006                0           0         6,676            0         6,676           0          21         6,655
 2007                0           0         1,353            0         1,353           0           4         1,349
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT             0           0        53,592            0        53,592           0         166        53,426
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0        53,592            0        53,592           0         166        53,426
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>           <C>              <C>         <C>         <C>      <C>            <C>           <C>           <C>
 2001          2,556           0           0           0         2,556          8,437         8,437         8,039
 2002          2,556           0           0           0         2,556          7,387        15,824         6,372
 2003          2,556           0           0           0         2,556          6,437        22,261         5,026
 2004          2,556           0           0           0         2,556          5,579        27,840         3,944
 2005          2,556           0           0           0         2,556          4,802        32,642         3,072
 2006          2,556           0           0           0         2,556          4,099        36,741         2,375
 2007            551           0           0           0           551            798        37,539           434
 2008              0           0           0           0             0              0        37,539             0
 2009              0           0           0           0             0              0        37,539             0
 2010              0           0           0           0             0              0        37,539             0
 2011              0           0           0           0             0              0        37,539             0
 2012              0           0           0           0             0              0        37,539             0
 2013              0           0           0           0             0              0        37,539             0
 2014              0           0           0           0             0              0        37,539             0
 2015              0           0           0           0             0              0        37,539             0

 SUBTOT       15,887           0           0           0        15,887         37,539                      29,262
 REMAIN            0           0           0           0             0              0        37,539             0
 TOTAL        15,887           0           0           0        15,887         37,539                      29,262

   LIFE OF EVALUATION IS 6.22 YEARS.
   FINAL PRODUCTION RATE: 0.2 MMCF/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

[LOGO OMITTED]  RYDER SCOTT COMPANY
                ---------------------
                PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 102
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>
 REICHEL FIELD, RUSH COUNTY, KANSAS                                                    GAS LEASE
   TENGASCO, INC. - OPERATOR   24-T17S-R17W                                            PROVED
     HANHARDT #1   (TOPEKA)                                                            PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>         <C>        <C>             <C>
 INITIAL -   1.000000                      0.820313                             5.30        5.00% -        56,473
 FINAL   -   1.000000                      0.820313                             5.30       10.00% -        45,785
 REMARKS -                                                                                 15.00% -        37,943
                                                                                           20.00% -        32,075
                                                                                           25.00% -        27,598
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF (A)   $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>       <C>               <C>         <C>        <C>          <C>      <C>
 2001     1             0           0           3               0           0           1.758       0.00     5.30
 2002     1             0           0           3               0           0           1.680       0.00     5.30
 2003     1             0           0           2               0           0           1.605       0.00     5.30
 2004     1             0           0           3               0           0           1.534       0.00     5.30
 2005     1             0           0           2               0           0           1.466       0.00     5.30
 2006     1             0           0           2               0           0           1.401       0.00     5.30
 2007     1             0           0           3               0           0           1.338       0.00     5.30
 2008     1             0           0           2               0           0           1.279       0.00     5.30
 2009     1             0           0           2               0           0           1.222       0.00     5.30
 2010     1             0           0           2               0           0           1.168       0.00     5.30
 2011     1             0           0           1               0           0           0.952       0.00     5.30
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0          25               0           0          15.403       0.00     5.30
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0          25               0           0          15.403       0.00     5.30

 CUMULATIVE             0           0         799    (A) NET GAS VOLUMES ACCOUNT FOR SURFACE LOSSES,
 ULTIMATE               0           0         824        SHRINKAGE FACTOR =  25.60 %
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>      <C>               <C>      <C>              <C>       <C>        <C>
 2001                0           0         9,313            0         9,313           0          29         9,284
 2002                0           0         8,900            0         8,900           0          27         8,873
 2003                0           0         8,505            0         8,505           0          27         8,478
 2004                0           0         8,127            0         8,127           0          25         8,102
 2005                0           0         7,767            0         7,767           0          24         7,743
 2006                0           0         7,421            0         7,421           0          23         7,398
 2007                0           0         7,092            0         7,092           0          22         7,070
 2008                0           0         6,777            0         6,777           0          21         6,756
 2009                0           0         6,477            0         6,477           0          20         6,457
 2010                0           0         6,188            0         6,188           0          19         6,169
 2011                0           0         5,043            0         5,043           0          16         5,027
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT             0           0        81,610            0        81,610           0         253        81,357
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0        81,610            0        81,610           0         253        81,357
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>           <C>              <C>         <C>         <C>      <C>            <C>           <C>           <C>
 2001            924           0           0           0           924          8,360         8,360         7,961
 2002            924           0           0           0           924          7,949        16,309         6,851
 2003            924           0           0           0           924          7,554        23,863         5,894
 2004            924           0           0           0           924          7,178        31,041         5,070
 2005            924           0           0           0           924          6,819        37,860         4,360
 2006            924           0           0           0           924          6,474        44,334         3,747
 2007            924           0           0           0           924          6,146        50,480         3,220
 2008            924           0           0           0           924          5,832        56,312         2,765
 2009            924           0           0           0           924          5,533        61,845         2,376
 2010            924           0           0           0           924          5,245        67,090         2,038
 2011            785           0           0           0           785          4,242        71,332         1,503
 2012              0           0           0           0             0              0        71,332             0
 2013              0           0           0           0             0              0        71,332             0
 2014              0           0           0           0             0              0        71,332             0
 2015              0           0           0           0             0              0        71,332             0

 SUBTOT       10,025           0           0           0        10,025         71,332                      45,785
 REMAIN            0           0           0           0             0              0        71,332             0
 TOTAL        10,025           0           0           0        10,025         71,332                      45,785

   LIFE OF EVALUATION IS 10.85 YEARS.
   FINAL PRODUCTION RATE: 0.2 MMCF/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

[LOGO OMITTED]  RYDER SCOTT COMPANY
                ---------------------
                PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 103
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>
 REICHEL FIELD, RUSH COUNTY, KANSAS                                                    GAS LEASE
   TENGASCO, INC. - OPERATOR   24-T17S-R17W                                            PROVED
     HANHARDT #1-A   (TOPEKA)                                                          PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>         <C>        <C>            <C>
 INITIAL -   1.000000                      0.820313                             5.30        5.00% -       174,961
 FINAL   -   1.000000                      0.820313                             5.30       10.00% -       131,840
 REMARKS -                                                                                 15.00% -       104,700
                                                                                           20.00% -        86,443
                                                                                           25.00% -        73,472
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF (A)   $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>       <C>               <C>         <C>        <C>          <C>      <C>
 2001     1             0           0          10               0           0           6.169       0.00     5.30
 2002     1             0           0          10               0           0           5.895       0.00     5.30
 2003     1             0           0           9               0           0           5.633       0.00     5.30
 2004     1             0           0           9               0           0           5.383       0.00     5.30
 2005     1             0           0           8               0           0           5.144       0.00     5.30
 2006     1             0           0           8               0           0           4.916       0.00     5.30
 2007     1             0           0           8               0           0           4.698       0.00     5.30
 2008     1             0           0           7               0           0           4.489       0.00     5.30
 2009     1             0           0           7               0           0           4.290       0.00     5.30
 2010     1             0           0           7               0           0           4.099       0.00     5.30
 2011     1             0           0           7               0           0           3.917       0.00     5.30
 2012     1             0           0           6               0           0           3.743       0.00     5.30
 2013     1             0           0           6               0           0           3.577       0.00     5.30
 2014     1             0           0           5               0           0           3.418       0.00     5.30
 2015     1             0           0           5               0           0           3.266       0.00     5.30

 SUB-TOTAL              0           0         112               0           0          68.637       0.00     5.30
 REMAINDER              0           0          48               0           0          28.759       0.00     5.30
 TOTAL                  0           0         160               0           0          97.396       0.00     5.30

 CUMULATIVE             0           0         485    (A) NET GAS VOLUMES ACCOUNT FOR SURFACE LOSSES,
 ULTIMATE               0           0         645        SHRINKAGE FACTOR =  25.60 %
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>     <C>                <C>     <C>               <C>     <C>         <C>
 2001                0           0        32,686            0        32,686           0         101        32,585
 2002                0           0        31,235            0        31,235           0          97        31,138
 2003                0           0        29,849            0        29,849           0          93        29,756
 2004                0           0        28,523            0        28,523           0          88        28,435
 2005                0           0        27,256            0        27,256           0          85        27,171
 2006                0           0        26,046            0        26,046           0          80        25,966
 2007                0           0        24,890            0        24,890           0          78        24,812
 2008                0           0        23,785            0        23,785           0          73        23,712
 2009                0           0        22,729            0        22,729           0          71        22,658
 2010                0           0        21,719            0        21,719           0          67        21,652
 2011                0           0        20,756            0        20,756           0          64        20,692
 2012                0           0        19,833            0        19,833           0          62        19,771
 2013                0           0        18,953            0        18,953           0          59        18,894
 2014                0           0        18,112            0        18,112           0          56        18,056
 2015                0           0        17,307            0        17,307           0          53        17,254

 SUB-TOT             0           0       363,679            0       363,679           0       1,127       362,552
 REMAIN              0           0       152,381            0       152,381           0         473       151,908
 TOTAL               0           0       516,060            0       516,060           0       1,600       514,460
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>          <C>               <C>         <C>         <C>     <C>            <C>           <C>           <C>
 2001          9,984           0           0           0         9,984         22,601        22,601        21,524
 2002          9,984           0           0           0         9,984         21,154        43,755        18,236
 2003          9,984           0           0           0         9,984         19,772        63,527        15,429
 2004          9,984           0           0           0         9,984         18,451        81,978        13,034
 2005          9,984           0           0           0         9,984         17,187        99,165        10,991
 2006          9,984           0           0           0         9,984         15,982       115,147         9,251
 2007          9,984           0           0           0         9,984         14,828       129,975         7,770
 2008          9,984           0           0           0         9,984         13,728       143,703         6,511
 2009          9,984           0           0           0         9,984         12,674       156,377         5,442
 2010          9,984           0           0           0         9,984         11,668       168,045         4,536
 2011          9,984           0           0           0         9,984         10,708       178,753         3,768
 2012          9,984           0           0           0         9,984          9,787       188,540         3,117
 2013          9,984           0           0           0         9,984          8,910       197,450         2,569
 2014          9,984           0           0           0         9,984          8,072       205,522         2,107
 2015          9,984           0           0           0         9,984          7,270       212,792         1,718

 SUBTOT      149,760           0           0           0       149,760        212,792                     126,003
 REMAIN      115,648           0           0           0       115,648         36,260       249,052         5,837
 TOTAL       265,408           0           0           0       265,408        249,052                     131,840

   LIFE OF EVALUATION IS 26.58 YEARS.
   FINAL PRODUCTION RATE: 0.3 MMCF/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

[LOGO OMITTED]  RYDER SCOTT COMPANY
                ---------------------
                PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 104
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>
 REICHEL FIELD, RUSH COUNTY, KANSAS                                                    GAS LEASE
   TENGASCO, INC. - OPERATOR   24-T17S-R17W                                            PROVED
     HANHARDT #1-A BP   (TOPEKA)                                                       BEHIND PIPE


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>         <C>        <C>            <C>
 INITIAL -   1.000000                      0.820313                             5.30        5.00% -       134,746
 FINAL   -   1.000000                      0.820313                             5.30       10.00% -       122,095
 REMARKS -                                                                                 15.00% -       110,970
                                                                                           20.00% -       101,152
                                                                                           25.00% -        92,459
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF (A)   $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>        <C>              <C>         <C>        <C>          <C>      <C>
 2001     1             0           0          12               0           0           7.433       0.00     5.30
 2002     1             0           0          17               0           0          10.490       0.00     5.30
 2003     1             0           0          11               0           0           6.528       0.00     5.30
 2004     1             0           0           7               0           0           4.063       0.00     5.30
 2005     1             0           0           3               0           0           2.001       0.00     5.30
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0          50               0           0          30.515       0.00     5.30
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0          50               0           0          30.515       0.00     5.30

 CUMULATIVE             0           0           0    (A) NET GAS VOLUMES ACCOUNT FOR SURFACE LOSSES,
 ULTIMATE               0           0          50        SHRINKAGE FACTOR =  25.60 %
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>     <C>                <C>     <C>               <C>       <C>       <C>
 2001                0           0        39,384            0        39,384           0         122        39,262
 2002                0           0        55,580            0        55,580           0         172        55,408
 2003                0           0        34,591            0        34,591           0         108        34,483
 2004                0           0        21,528            0        21,528           0          66        21,462
 2005                0           0        10,604            0        10,604           0          33        10,571
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT             0           0       161,687            0       161,687           0         501       161,186
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0       161,687            0       161,687           0         501       161,186
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>    <C>              <C>      <C>           <C>           <C>           <C>
 2001              0           0      12,000           0        12,000         27,262        27,262        25,105
 2002              0           0           0           0             0         55,408        82,670        47,925
 2003              0           0           0           0             0         34,483       117,153        26,999
 2004              0           0           0           0             0         21,462       138,615        15,212
 2005              0           0           0           0             0         10,571       149,186         6,854
 2006              0           0           0           0             0              0       149,186             0
 2007              0           0           0           0             0              0       149,186             0
 2008              0           0           0           0             0              0       149,186             0
 2009              0           0           0           0             0              0       149,186             0
 2010              0           0           0           0             0              0       149,186             0
 2011              0           0           0           0             0              0       149,186             0
 2012              0           0           0           0             0              0       149,186             0
 2013              0           0           0           0             0              0       149,186             0
 2014              0           0           0           0             0              0       149,186             0
 2015              0           0           0           0             0              0       149,186             0

 SUBTOT            0           0      12,000           0        12,000        149,186                     122,095
 REMAIN            0           0           0           0             0              0       149,186             0
 TOTAL             0           0      12,000           0        12,000        149,186                     122,095

   LIFE OF EVALUATION IS 4.75 YEARS.
   FINAL PRODUCTION RATE: 0.3 MMCF/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

[LOGO OMITTED]  RYDER SCOTT COMPANY
                ---------------------
                PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 105
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>
 REICHEL FIELD, RUSH COUNTY, KANSAS                                                    GAS LEASE
   TENGASCO, INC. - OPERATOR   29-T16S-R17W                                            PROVED
     HOFFMAN #3   (CHASE)                                                              PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>     <C>            <C>                  <C>
 INITIAL -   1.000000                                                                       5.00% -             0
 FINAL   -   1.000000                                                                      10.00% -             0
 REMARKS -                                                                                 15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>   <C>               <C>         <C>       <C>               <C>         <C>         <C>         <C>      <C>
 2001                   0           0           0               0           0           0.000       0.00     0.00
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE             0           0         135
 ULTIMATE               0           0         135
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2001                0           0             0            0             0           0           0             0
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2001              0           0           0           0             0              0             0             0
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0.0 MMCF/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

[LOGO OMITTED]  RYDER SCOTT COMPANY
                ---------------------
                PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 106
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>
 REICHEL FIELD, RUSH COUNTY, KANSAS                                                    GAS LEASE
   TENGASCO, INC. - OPERATOR   8-T16S-R17W                                             PROVED
     HOLZMEISTER #1   (SHAWNEE)                                                        PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>     <C>            <C>                  <C>
 INITIAL -   1.000000                                                                       5.00% -             0
 FINAL   -   1.000000                                                                      10.00% -             0
 REMARKS -                                                                                 15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>   <C>               <C>         <C>        <C>              <C>         <C>         <C>         <C>      <C>
 2001                   0           0           0               0           0           0.000       0.00     0.00
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE             0           0          86
 ULTIMATE               0           0          86
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2001                0           0             0            0             0           0           0             0
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2001              0           0           0           0             0              0             0             0
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0.0 MMCF/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

[LOGO OMITTED]  RYDER SCOTT COMPANY
                ---------------------
                PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 107
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>
 REICHEL FIELD, RUSH COUNTY, KANSAS                                                    GAS LEASE
   TENGASCO, INC. - OPERATOR   27-T16S-R17W                                            PROVED
     HOLZMEISTER #1-A                                                                  PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>     <C>            <C>                  <C>
 INITIAL -   1.000000                                                                       5.00% -             0
 FINAL   -   1.000000                                                                      10.00% -             0
 REMARKS -                                                                                 15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF (A)   $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>   <C>               <C>         <C>        <C>              <C>         <C>         <C>         <C>      <C>
 2001                   0           0           0               0           0           0.000       0.00     0.00
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE             0           0          21    (A) NET GAS VOLUMES ACCOUNT FOR SURFACE LOSSES,
 ULTIMATE               0           0          21        SHRINKAGE FACTOR =  25.60 %
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2001                0           0             0            0             0           0           0             0
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2001              0           0           0           0             0              0             0             0
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0.0 MMCF/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

[LOGO OMITTED]  RYDER SCOTT COMPANY
                ---------------------
                PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 108
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>
 REICHEL FIELD, RUSH COUNTY, KANSAS                                                    GAS LEASE
   TENGASCO, INC. - OPERATOR   7-T16S-R17W                                             PROVED
     HOLZMEISTER #1-B   (KC-LANSING)                                                   PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>         <C>        <C>                <C>
 INITIAL -   1.000000                      0.861328                             5.30        5.00% -           278
 FINAL   -   1.000000                      0.861328                             5.30       10.00% -           270
 REMARKS -                                                                                 15.00% -           263
                                                                                           20.00% -           256
                                                                                           25.00% -           249
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF (A)   $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>        <C>              <C>         <C>         <C>         <C>      <C>
 2001     1             0           0           1               0           0           0.597       0.00     5.30
 2002     1             0           0           1               0           0           0.424       0.00     5.30
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           2               0           0           1.021       0.00     5.30
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           2               0           0           1.021       0.00     5.30

 CUMULATIVE             0           0          23    (A) NET GAS VOLUMES ACCOUNT FOR SURFACE LOSSES,
 ULTIMATE               0           0          25        SHRINKAGE FACTOR =  25.60 %
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>       <C>              <C>       <C>             <C>        <C>        <C>
 2001                0           0         3,161            0         3,161           0          10         3,151
 2002                0           0         2,245            0         2,245           0           7         2,238
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT             0           0         5,406            0         5,406           0          17         5,389
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0         5,406            0         5,406           0          17         5,389
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>         <C>         <C>       <C>              <C>           <C>           <C>
 2001          2,916           0           0           0         2,916            235           235           225
 2002          2,187           0           0           0         2,187             51           286            45
 2003              0           0           0           0             0              0           286             0
 2004              0           0           0           0             0              0           286             0
 2005              0           0           0           0             0              0           286             0
 2006              0           0           0           0             0              0           286             0
 2007              0           0           0           0             0              0           286             0
 2008              0           0           0           0             0              0           286             0
 2009              0           0           0           0             0              0           286             0
 2010              0           0           0           0             0              0           286             0
 2011              0           0           0           0             0              0           286             0
 2012              0           0           0           0             0              0           286             0
 2013              0           0           0           0             0              0           286             0
 2014              0           0           0           0             0              0           286             0
 2015              0           0           0           0             0              0           286             0

 SUBTOT        5,103           0           0           0         5,103            286                         270
 REMAIN            0           0           0           0             0              0           286             0
 TOTAL         5,103           0           0           0         5,103            286                         270

   LIFE OF EVALUATION IS 1.75 YEARS.
   FINAL PRODUCTION RATE: 0.1 MMCF/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

[LOGO OMITTED]  RYDER SCOTT COMPANY
                ---------------------
                PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 109
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>
 REICHEL FIELD, RUSH COUNTY, KANSAS                                                    GAS LEASE
   TENGASCO, INC. - OPERATOR   10-T17S-R17W                                            PROVED
     HONDERICK #1-C   (LANSING)                                                        PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>         <C>        <C>             <C>
 INITIAL -   1.000000                      0.875000                             5.30        5.00% -        57,368
 FINAL   -   1.000000                      0.875000                             5.30       10.00% -        40,176
 REMARKS -                                                                                 15.00% -        30,590
                                                                                           20.00% -        24,617
                                                                                           25.00% -        20,576
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF (A)   $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>       <C>               <C>         <C>        <C>          <C>      <C>
 2001     1             0           0           3               0           0           1.654       0.00     5.30
 2002     1             0           0           2               0           0           1.605       0.00     5.30
 2003     1             0           0           2               0           0           1.556       0.00     5.30
 2004     1             0           0           3               0           0           1.510       0.00     5.30
 2005     1             0           0           2               0           0           1.465       0.00     5.30
 2006     1             0           0           2               0           0           1.421       0.00     5.30
 2007     1             0           0           2               0           0           1.378       0.00     5.30
 2008     1             0           0           2               0           0           1.337       0.00     5.30
 2009     1             0           0           2               0           0           1.297       0.00     5.30
 2010     1             0           0           2               0           0           1.258       0.00     5.30
 2011     1             0           0           2               0           0           1.220       0.00     5.30
 2012     1             0           0           2               0           0           1.183       0.00     5.30
 2013     1             0           0           2               0           0           1.148       0.00     5.30
 2014     1             0           0           1               0           0           1.113       0.00     5.30
 2015     1             0           0           2               0           0           1.080       0.00     5.30

 SUB-TOTAL              0           0          31               0           0          20.225       0.00     5.30
 REMAINDER              0           0          27               0           0          17.456       0.00     5.30
 TOTAL                  0           0          58               0           0          37.681       0.00     5.30

 CUMULATIVE             0           0          91    (A) NET GAS VOLUMES ACCOUNT FOR SURFACE LOSSES,
 ULTIMATE               0           0         149        SHRINKAGE FACTOR =  25.60 %
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>     <C>                <C>     <C>               <C>       <C>       <C>
 2001                0           0         8,765            0         8,765           0          27         8,738
 2002                0           0         8,502            0         8,502           0          27         8,475
 2003                0           0         8,247            0         8,247           0          25         8,222
 2004                0           0         8,000            0         8,000           0          25         7,975
 2005                0           0         7,759            0         7,759           0          24         7,735
 2006                0           0         7,527            0         7,527           0          23         7,504
 2007                0           0         7,301            0         7,301           0          23         7,278
 2008                0           0         7,082            0         7,082           0          22         7,060
 2009                0           0         6,870            0         6,870           0          21         6,849
 2010                0           0         6,663            0         6,663           0          21         6,642
 2011                0           0         6,464            0         6,464           0          20         6,444
 2012                0           0         6,270            0         6,270           0          19         6,251
 2013                0           0         6,081            0         6,081           0          19         6,062
 2014                0           0         5,899            0         5,899           0          18         5,881
 2015                0           0         5,722            0         5,722           0          18         5,704

 SUB-TOT             0           0       107,152            0       107,152           0         332       106,820
 REMAIN              0           0        92,490            0        92,490           0         287        92,203
 TOTAL               0           0       199,642            0       199,642           0         619       199,023
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>          <C>               <C>         <C>         <C>     <C>             <C>           <C>           <C>
 2001          2,808           0           0           0         2,808          5,930         5,930         5,646
 2002          2,808           0           0           0         2,808          5,667        11,597         4,885
 2003          2,808           0           0           0         2,808          5,414        17,011         4,224
 2004          2,808           0           0           0         2,808          5,167        22,178         3,649
 2005          2,808           0           0           0         2,808          4,927        27,105         3,150
 2006          2,808           0           0           0         2,808          4,696        31,801         2,718
 2007          2,808           0           0           0         2,808          4,470        36,271         2,342
 2008          2,808           0           0           0         2,808          4,252        40,523         2,016
 2009          2,808           0           0           0         2,808          4,041        44,564         1,735
 2010          2,808           0           0           0         2,808          3,834        48,398         1,490
 2011          2,808           0           0           0         2,808          3,636        52,034         1,279
 2012          2,808           0           0           0         2,808          3,443        55,477         1,096
 2013          2,808           0           0           0         2,808          3,254        58,731           938
 2014          2,808           0           0           0         2,808          3,073        61,804           802
 2015          2,808           0           0           0         2,808          2,896        64,700           684

 SUBTOT       42,120           0           0           0        42,120         64,700                      36,654
 REMAIN       63,882           0           0           0        63,882         28,321        93,021         3,522
 TOTAL       106,002           0           0           0       106,002         93,021                      40,176

   LIFE OF EVALUATION IS 37.75 YEARS.
   FINAL PRODUCTION RATE: 0.1 MMCF/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

[LOGO OMITTED]  RYDER SCOTT COMPANY
                ---------------------
                PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 110
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>
 REICHEL FIELD, RUSH COUNTY, KANSAS                                                    GAS LEASE
   TENGASCO, INC. - OPERATOR   19-T16S-R17W                                            PROVED
     HOOFER #1   (KSSC-LNSG)                                                           PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>     <C>            <C>                  <C>
 INITIAL -   1.000000                                                                       5.00% -             0
 FINAL   -   1.000000                                                                      10.00% -             0
 REMARKS -                                                                                 15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>   <C>               <C>         <C>       <C>               <C>         <C>         <C>         <C>      <C>
 2001                   0           0           0               0           0           0.000       0.00     0.00
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE             0           0         357
 ULTIMATE               0           0         357
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2001                0           0             0            0             0           0           0             0
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2001              0           0           0           0             0              0             0             0
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0.0 MMCF/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

[LOGO OMITTED]  RYDER SCOTT COMPANY
                ---------------------
                PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 111
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>
 REICHEL FIELD, RUSH COUNTY, KANSAS                                                    GAS LEASE
   TENGASCO, INC. - OPERATOR   7-T17S-R16W                                             PROVED
     JANSON #2-A   (SHAWNEE)                                                           PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>     <C>            <C>                  <C>
 INITIAL -   1.000000                                                                       5.00% -             0
 FINAL   -   1.000000                                                                      10.00% -             0
 REMARKS -                                                                                 15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF (A)   $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>   <C>               <C>         <C>        <C>              <C>         <C>         <C>         <C>      <C>
 2001                   0           0           0               0           0           0.000       0.00     0.00
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE             0           0          33    (A) NET GAS VOLUMES ACCOUNT FOR SURFACE LOSSES,
 ULTIMATE               0           0          33        SHRINKAGE FACTOR =  25.60 %
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2001                0           0             0            0             0           0           0             0
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2001              0           0           0           0             0              0             0             0
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0.0 MMCF/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

[LOGO OMITTED]  RYDER SCOTT COMPANY
                ---------------------
                PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 112
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>
 REICHEL FIELD, RUSH COUNTY, KANSAS                                                    OIL LEASE
   TENGASCO, INC. - OPERATOR   28-T16S-R16W                                            PROVED
     KAISER #1   (KSSC-LNSG)                                                           PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>     <C>            <C>             <C>
 INITIAL -   1.000000  0.875000                         26.46                               5.00% -        59,267
 FINAL   -   1.000000  0.875000                         26.46                              10.00% -        50,549
 REMARKS -                                                                                 15.00% -        43,806
                                                                                           20.00% -        38,497
                                                                                           25.00% -        34,244
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>      <C>              <C>         <C>         <C>             <C>         <C>        <C>       <C>
 2001     1           891           0           0             779           0           0.000      26.46     0.00
 2002     1           819           0           0             717           0           0.000      26.46     0.00
 2003     1           754           0           0             660           0           0.000      26.46     0.00
 2004     1           694           0           0             607           0           0.000      26.46     0.00
 2005     1           638           0           0             558           0           0.000      26.46     0.00
 2006     1           587           0           0             514           0           0.000      26.46     0.00
 2007     1           540           0           0             472           0           0.000      26.46     0.00
 2008     1           497           0           0             435           0           0.000      26.46     0.00
 2009     1           457           0           0             400           0           0.000      26.46     0.00
 2010     1           420           0           0             368           0           0.000      26.46     0.00
 2011     1           387           0           0             339           0           0.000      26.46     0.00
 2012     1           356           0           0             311           0           0.000      26.46     0.00
 2013     1           112           0           0              98           0           0.000      26.46     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL          7,152           0           0           6,258           0           0.000      26.46     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL              7,152           0           0           6,258           0           0.000      26.46     0.00

 CUMULATIVE        13,397           0           0
 ULTIMATE          20,549           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>            <C>               <C>           <C>          <C>     <C>             <C>           <C>     <C>
 2001           20,622           0             0            0        20,622          33           0        20,589
 2002           18,971           0             0            0        18,971          30           0        18,941
 2003           17,454           0             0            0        17,454          28           0        17,426
 2004           16,058           0             0            0        16,058          26           0        16,032
 2005           14,773           0             0            0        14,773          24           0        14,749
 2006           13,592           0             0            0        13,592          21           0        13,571
 2007           12,504           0             0            0        12,504          20           0        12,484
 2008           11,503           0             0            0        11,503          19           0        11,484
 2009           10,584           0             0            0        10,584          17           0        10,567
 2010            9,736           0             0            0         9,736          15           0         9,721
 2011            8,958           0             0            0         8,958          15           0         8,943
 2012            8,241           0             0            0         8,241          13           0         8,228
 2013            2,598           0             0            0         2,598           4           0         2,594
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT       165,594           0             0            0       165,594         265           0       165,329
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL         165,594           0             0            0       165,594         265           0       165,329
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>           <C>              <C>         <C>         <C>      <C>            <C>           <C>           <C>
 2001          7,668           0           0           0         7,668         12,921        12,921        12,312
 2002          7,668           0           0           0         7,668         11,273        24,194         9,724
 2003          7,668           0           0           0         7,668          9,758        33,952         7,620
 2004          7,668           0           0           0         7,668          8,364        42,316         5,912
 2005          7,668           0           0           0         7,668          7,081        49,397         4,532
 2006          7,668           0           0           0         7,668          5,903        55,300         3,421
 2007          7,668           0           0           0         7,668          4,816        60,116         2,526
 2008          7,668           0           0           0         7,668          3,816        63,932         1,813
 2009          7,668           0           0           0         7,668          2,899        66,831         1,247
 2010          7,668           0           0           0         7,668          2,053        68,884           800
 2011          7,668           0           0           0         7,668          1,275        70,159           450
 2012          7,668           0           0           0         7,668            560        70,719           180
 2013          2,556           0           0           0         2,556             38        70,757            12
 2014              0           0           0           0             0              0        70,757             0
 2015              0           0           0           0             0              0        70,757             0

 SUBTOT       94,572           0           0           0        94,572         70,757                      50,549
 REMAIN            0           0           0           0             0              0        70,757             0
 TOTAL        94,572           0           0           0        94,572         70,757                      50,549

   LIFE OF EVALUATION IS 12.33 YEARS.
   FINAL PRODUCTION RATE: 28 BBLS/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

[LOGO OMITTED]  RYDER SCOTT COMPANY
                ---------------------
                PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 113
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>
 REICHEL FIELD, RUSH COUNTY, KANSAS                                                    GAS LEASE
   TENGASCO, INC. - OPERATOR   2-T17S-R17W                                             PROVED
     KAISER #2   (TOPEKA)                                                              PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>         <C>        <C>             <C>
 INITIAL -   1.000000                      0.875000                             5.30        5.00% -        18,208
 FINAL   -   1.000000                      0.875000                             5.30       10.00% -        15,983
 REMARKS -                                                                                 15.00% -        14,174
                                                                                           20.00% -        12,688
                                                                                           25.00% -        11,454
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF (A)   $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>       <C>               <C>         <C>        <C>          <C>      <C>
 2001     1             0           0           3               0           0           2.002       0.00     5.30
 2002     1             0           0           3               0           0           1.875       0.00     5.30
 2003     1             0           0           3               0           0           1.756       0.00     5.30
 2004     1             0           0           2               0           0           1.645       0.00     5.30
 2005     1             0           0           3               0           0           1.541       0.00     5.30
 2006     1             0           0           2               0           0           1.443       0.00     5.30
 2007     1             0           0           2               0           0           1.352       0.00     5.30
 2008     1             0           0           2               0           0           1.267       0.00     5.30
 2009     1             0           0           2               0           0           1.186       0.00     5.30
 2010     1             0           0           0               0           0           0.379       0.00     5.30
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0          22               0           0          14.446       0.00     5.30
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0          22               0           0          14.446       0.00     5.30

 CUMULATIVE             0           0          82    (A) NET GAS VOLUMES ACCOUNT FOR SURFACE LOSSES,
 ULTIMATE               0           0         104        SHRINKAGE FACTOR =  25.60 %
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>      <C>               <C>      <C>              <C>       <C>        <C>
 2001                0           0        10,606            0        10,606           0          33        10,573
 2002                0           0         9,935            0         9,935           0          31         9,904
 2003                0           0         9,306            0         9,306           0          29         9,277
 2004                0           0         8,717            0         8,717           0          27         8,690
 2005                0           0         8,165            0         8,165           0          25         8,140
 2006                0           0         7,648            0         7,648           0          24         7,624
 2007                0           0         7,164            0         7,164           0          22         7,142
 2008                0           0         6,711            0         6,711           0          21         6,690
 2009                0           0         6,285            0         6,285           0          19         6,266
 2010                0           0         2,006            0         2,006           0           6         2,000
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT             0           0        76,543            0        76,543           0         237        76,306
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0        76,543            0        76,543           0         237        76,306
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>           <C>              <C>         <C>         <C>      <C>            <C>           <C>           <C>
 2001          5,928           0           0           0         5,928          4,645         4,645         4,427
 2002          5,928           0           0           0         5,928          3,976         8,621         3,430
 2003          5,928           0           0           0         5,928          3,349        11,970         2,616
 2004          5,928           0           0           0         5,928          2,762        14,732         1,953
 2005          5,928           0           0           0         5,928          2,212        16,944         1,417
 2006          5,928           0           0           0         5,928          1,696        18,640           983
 2007          5,928           0           0           0         5,928          1,214        19,854           638
 2008          5,928           0           0           0         5,928            762        20,616           363
 2009          5,928           0           0           0         5,928            338        20,954           146
 2010          1,976           0           0           0         1,976             24        20,978            10
 2011              0           0           0           0             0              0        20,978             0
 2012              0           0           0           0             0              0        20,978             0
 2013              0           0           0           0             0              0        20,978             0
 2014              0           0           0           0             0              0        20,978             0
 2015              0           0           0           0             0              0        20,978             0

 SUBTOT       55,328           0           0           0        55,328         20,978                      15,983
 REMAIN            0           0           0           0             0              0        20,978             0
 TOTAL        55,328           0           0           0        55,328         20,978                      15,983

   LIFE OF EVALUATION IS 9.33 YEARS.
   FINAL PRODUCTION RATE: 0.1 MMCF/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

[LOGO OMITTED]  RYDER SCOTT COMPANY
                ---------------------
                PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 114
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>
 REICHEL FIELD, RUSH COUNTY, KANSAS                                                    GAS LEASE
   TENGASCO, INC. - OPERATOR   25-T17S-R17W                                            PROVED
     KLEWENO #1   (TOPEKA)                                                             PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>         <C>        <C>             <C>
 INITIAL -   1.000000                      0.820313                             5.30        5.00% -        10,851
 FINAL   -   1.000000                      0.820313                             5.30       10.00% -         8,954
 REMARKS -                                                                                 15.00% -         7,555
                                                                                           20.00% -         6,496
                                                                                           25.00% -         5,677
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF (A)   $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>       <C>               <C>         <C>        <C>          <C>      <C>
 2001     1             0           0           2               0           0           1.232       0.00     5.30
 2002     1             0           0           2               0           0           1.201       0.00     5.30
 2003     1             0           0           2               0           0           1.171       0.00     5.30
 2004     1             0           0           2               0           0           1.142       0.00     5.30
 2005     1             0           0           2               0           0           1.113       0.00     5.30
 2006     1             0           0           1               0           0           1.085       0.00     5.30
 2007     1             0           0           2               0           0           1.058       0.00     5.30
 2008     1             0           0           2               0           0           1.032       0.00     5.30
 2009     1             0           0           1               0           0           1.006       0.00     5.30
 2010     1             0           0           2               0           0           0.981       0.00     5.30
 2011     1             0           0           2               0           0           0.956       0.00     5.30
 2012     1             0           0           1               0           0           0.932       0.00     5.30
 2013     1             0           0           2               0           0           0.909       0.00     5.30
 2014     1             0           0           1               0           0           0.886       0.00     5.30
 2015     1             0           0           1               0           0           0.290       0.00     5.30

 SUB-TOTAL              0           0          25               0           0          14.994       0.00     5.30
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0          25               0           0          14.994       0.00     5.30

 CUMULATIVE             0           0         410    (A) NET GAS VOLUMES ACCOUNT FOR SURFACE LOSSES,
 ULTIMATE               0           0         435        SHRINKAGE FACTOR =  25.60 %
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>      <C>               <C>      <C>              <C>       <C>        <C>
 2001                0           0         6,525            0         6,525           0          20         6,505
 2002                0           0         6,363            0         6,363           0          20         6,343
 2003                0           0         6,203            0         6,203           0          19         6,184
 2004                0           0         6,048            0         6,048           0          19         6,029
 2005                0           0         5,897            0         5,897           0          18         5,879
 2006                0           0         5,750            0         5,750           0          18         5,732
 2007                0           0         5,606            0         5,606           0          17         5,589
 2008                0           0         5,466            0         5,466           0          17         5,449
 2009                0           0         5,329            0         5,329           0          17         5,312
 2010                0           0         5,195            0         5,195           0          16         5,179
 2011                0           0         5,066            0         5,066           0          16         5,050
 2012                0           0         4,940            0         4,940           0          15         4,925
 2013                0           0         4,815            0         4,815           0          15         4,800
 2014                0           0         4,696            0         4,696           0          14         4,682
 2015                0           0         1,539            0         1,539           0           5         1,534

 SUB-TOT             0           0        79,438            0        79,438           0         246        79,192
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0        79,438            0        79,438           0         246        79,192
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>           <C>              <C>         <C>         <C>      <C>            <C>           <C>            <C>
 2001          4,584           0           0           0         4,584          1,921         1,921         1,830
 2002          4,584           0           0           0         4,584          1,759         3,680         1,516
 2003          4,584           0           0           0         4,584          1,600         5,280         1,249
 2004          4,584           0           0           0         4,584          1,445         6,725         1,021
 2005          4,584           0           0           0         4,584          1,295         8,020           829
 2006          4,584           0           0           0         4,584          1,148         9,168           665
 2007          4,584           0           0           0         4,584          1,005        10,173           527
 2008          4,584           0           0           0         4,584            865        11,038           410
 2009          4,584           0           0           0         4,584            728        11,766           313
 2010          4,584           0           0           0         4,584            595        12,361           231
 2011          4,584           0           0           0         4,584            466        12,827           165
 2012          4,584           0           0           0         4,584            341        13,168           109
 2013          4,584           0           0           0         4,584            216        13,384            62
 2014          4,584           0           0           0         4,584             98        13,482            26
 2015          1,528           0           0           0         1,528              6        13,488             1

 SUBTOT       65,704           0           0           0        65,704         13,488                       8,954
 REMAIN            0           0           0           0             0              0        13,488             0
 TOTAL        65,704           0           0           0        65,704         13,488                       8,954

   LIFE OF EVALUATION IS 14.33 YEARS.
   FINAL PRODUCTION RATE: 0.1 MMCF/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

[LOGO OMITTED]  RYDER SCOTT COMPANY
                ---------------------
                PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 115
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>
 REICHEL FIELD, RUSH COUNTY, KANSAS                                                    GAS LEASE
   TENGASCO, INC. - OPERATOR   23-T17S-R17W                                            PROVED
     KLEWENO -A- #1   (TOPEKA)                                                         PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>         <C>        <C>             <C>
 INITIAL -   1.000000                      0.875000                             5.30        5.00% -        45,902
 FINAL   -   1.000000                      0.875000                             5.30       10.00% -        34,066
 REMARKS -                                                                                 15.00% -        26,811
                                                                                           20.00% -        22,013
                                                                                           25.00% -        18,643
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF (A)   $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>        <C>              <C>         <C>        <C>          <C>      <C>
 2001     1             0           0           2               0           0           1.501       0.00     5.30
 2002     1             0           0           3               0           0           1.436       0.00     5.30
 2003     1             0           0           2               0           0           1.375       0.00     5.30
 2004     1             0           0           2               0           0           1.315       0.00     5.30
 2005     1             0           0           2               0           0           1.259       0.00     5.30
 2006     1             0           0           1               0           0           1.205       0.00     5.30
 2007     1             0           0           2               0           0           1.153       0.00     5.30
 2008     1             0           0           2               0           0           1.103       0.00     5.30
 2009     1             0           0           2               0           0           1.056       0.00     5.30
 2010     1             0           0           1               0           0           1.011       0.00     5.30
 2011     1             0           0           2               0           0           0.967       0.00     5.30
 2012     1             0           0           1               0           0           0.925       0.00     5.30
 2013     1             0           0           1               0           0           0.886       0.00     5.30
 2014     1             0           0           2               0           0           0.848       0.00     5.30
 2015     1             0           0           1               0           0           0.811       0.00     5.30

 SUB-TOTAL              0           0          26               0           0          16.851       0.00     5.30
 REMAINDER              0           0          13               0           0           8.296       0.00     5.30
 TOTAL                  0           0          39               0           0          25.147       0.00     5.30

 CUMULATIVE             0           0          33    (A) NET GAS VOLUMES ACCOUNT FOR SURFACE LOSSES,
 ULTIMATE               0           0          72        SHRINKAGE FACTOR =  25.60 %
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>     <C>                <C>     <C>               <C>       <C>       <C>
 2001                0           0         7,952            0         7,952           0          25         7,927
 2002                0           0         7,610            0         7,610           0          23         7,587
 2003                0           0         7,283            0         7,283           0          23         7,260
 2004                0           0         6,970            0         6,970           0          21         6,949
 2005                0           0         6,670            0         6,670           0          21         6,649
 2006                0           0         6,383            0         6,383           0          20         6,363
 2007                0           0         6,109            0         6,109           0          19         6,090
 2008                0           0         5,846            0         5,846           0          18         5,828
 2009                0           0         5,595            0         5,595           0          17         5,578
 2010                0           0         5,354            0         5,354           0          17         5,337
 2011                0           0         5,124            0         5,124           0          16         5,108
 2012                0           0         4,903            0         4,903           0          15         4,888
 2013                0           0         4,693            0         4,693           0          15         4,678
 2014                0           0         4,491            0         4,491           0          13         4,478
 2015                0           0         4,298            0         4,298           0          14         4,284

 SUB-TOT             0           0        89,281            0        89,281           0         277        89,004
 REMAIN              0           0        43,955            0        43,955           0         136        43,819
 TOTAL               0           0       133,236            0       133,236           0         413       132,823
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>           <C>              <C>         <C>         <C>      <C>            <C>           <C>           <C>
 2001          2,268           0           0           0         2,268          5,659         5,659         5,389
 2002          2,268           0           0           0         2,268          5,319        10,978         4,585
 2003          2,268           0           0           0         2,268          4,992        15,970         3,896
 2004          2,268           0           0           0         2,268          4,681        20,651         3,306
 2005          2,268           0           0           0         2,268          4,381        25,032         2,802
 2006          2,268           0           0           0         2,268          4,095        29,127         2,370
 2007          2,268           0           0           0         2,268          3,822        32,949         2,003
 2008          2,268           0           0           0         2,268          3,560        36,509         1,688
 2009          2,268           0           0           0         2,268          3,310        39,819         1,421
 2010          2,268           0           0           0         2,268          3,069        42,888         1,193
 2011          2,268           0           0           0         2,268          2,840        45,728           999
 2012          2,268           0           0           0         2,268          2,620        48,348           835
 2013          2,268           0           0           0         2,268          2,410        50,758           695
 2014          2,268           0           0           0         2,268          2,210        52,968           576
 2015          2,268           0           0           0         2,268          2,016        54,984           477

 SUBTOT       34,020           0           0           0        34,020         54,984                      32,235
 REMAIN       31,752           0           0           0        31,752         12,067        67,051         1,831
 TOTAL        65,772           0           0           0        65,772         67,051                      34,066

   LIFE OF EVALUATION IS 29.00 YEARS.
   FINAL PRODUCTION RATE: 0.1 MMCF/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

[LOGO OMITTED]  RYDER SCOTT COMPANY
                ---------------------
                PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 116
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>
 REICHEL FIELD, RUSH COUNTY, KANSAS                                                    GAS LEASE
   TENGASCO, INC. - OPERATOR   6-T18S-R16W                                             PROVED
     KOBER #1   (KSSC-LNSG)                                                            PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>         <C>        <C>             <C>
 INITIAL -   1.000000                      0.875000                             5.30        5.00% -        78,822
 FINAL   -   1.000000                      0.875000                             5.30       10.00% -        62,335
 REMARKS -                                                                                 15.00% -        51,103
                                                                                           20.00% -        43,105
                                                                                           25.00% -        37,186
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF (A)   $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>       <C>               <C>         <C>        <C>          <C>      <C>
 2001     1             0           0           5               0           0           3.234       0.00     5.30
 2002     1             0           0           5               0           0           3.040       0.00     5.30
 2003     1             0           0           4               0           0           2.857       0.00     5.30
 2004     1             0           0           4               0           0           2.686       0.00     5.30
 2005     1             0           0           4               0           0           2.525       0.00     5.30
 2006     1             0           0           4               0           0           2.373       0.00     5.30
 2007     1             0           0           3               0           0           2.231       0.00     5.30
 2008     1             0           0           3               0           0           2.097       0.00     5.30
 2009     1             0           0           3               0           0           1.971       0.00     5.30
 2010     1             0           0           3               0           0           1.853       0.00     5.30
 2011     1             0           0           3               0           0           1.742       0.00     5.30
 2012     1             0           0           2               0           0           1.637       0.00     5.30
 2013     1             0           0           3               0           0           1.539       0.00     5.30
 2014     1             0           0           2               0           0           1.447       0.00     5.30
 2015     1             0           0           2               0           0           1.360       0.00     5.30

 SUB-TOTAL              0           0          50               0           0          32.592       0.00     5.30
 REMAINDER              0           0          10               0           0           6.301       0.00     5.30
 TOTAL                  0           0          60               0           0          38.893       0.00     5.30

 CUMULATIVE             0           0         106    (A) NET GAS VOLUMES ACCOUNT FOR SURFACE LOSSES,
 ULTIMATE               0           0         166        SHRINKAGE FACTOR =  25.60 %
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>     <C>                <C>     <C>               <C>       <C>       <C>
 2001                0           0        17,135            0        17,135           0          53        17,082
 2002                0           0        16,106            0        16,106           0          50        16,056
 2003                0           0        15,140            0        15,140           0          47        15,093
 2004                0           0        14,232            0        14,232           0          44        14,188
 2005                0           0        13,378            0        13,378           0          42        13,336
 2006                0           0        12,575            0        12,575           0          39        12,536
 2007                0           0        11,820            0        11,820           0          36        11,784
 2008                0           0        11,112            0        11,112           0          35        11,077
 2009                0           0        10,444            0        10,444           0          32        10,412
 2010                0           0         9,818            0         9,818           0          30         9,788
 2011                0           0         9,229            0         9,229           0          29         9,200
 2012                0           0         8,676            0         8,676           0          27         8,649
 2013                0           0         8,154            0         8,154           0          25         8,129
 2014                0           0         7,666            0         7,666           0          24         7,642
 2015                0           0         7,205            0         7,205           0          22         7,183

 SUB-TOT             0           0       172,690            0       172,690           0         535       172,155
 REMAIN              0           0        33,387            0        33,387           0         104        33,283
 TOTAL               0           0       206,077            0       206,077           0         639       205,438
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>          <C>               <C>         <C>         <C>     <C>            <C>           <C>            <C>
 2001          4,896           0           0           0         4,896         12,186        12,186        11,607
 2002          4,896           0           0           0         4,896         11,160        23,346         9,623
 2003          4,896           0           0           0         4,896         10,197        33,543         7,958
 2004          4,896           0           0           0         4,896          9,292        42,835         6,566
 2005          4,896           0           0           0         4,896          8,440        51,275         5,398
 2006          4,896           0           0           0         4,896          7,640        58,915         4,423
 2007          4,896           0           0           0         4,896          6,888        65,803         3,611
 2008          4,896           0           0           0         4,896          6,181        71,984         2,932
 2009          4,896           0           0           0         4,896          5,516        77,500         2,369
 2010          4,896           0           0           0         4,896          4,892        82,392         1,903
 2011          4,896           0           0           0         4,896          4,304        86,696         1,515
 2012          4,896           0           0           0         4,896          3,753        90,449         1,195
 2013          4,896           0           0           0         4,896          3,233        93,682           933
 2014          4,896           0           0           0         4,896          2,746        96,428           717
 2015          4,896           0           0           0         4,896          2,287        98,715           541

 SUBTOT       73,440           0           0           0        73,440         98,715                      61,291
 REMAIN       27,744           0           0           0        27,744          5,539       104,254         1,044
 TOTAL       101,184           0           0           0       101,184        104,254                      62,335

   LIFE OF EVALUATION IS 20.67 YEARS.
   FINAL PRODUCTION RATE: 0.1 MMCF/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

[LOGO OMITTED]  RYDER SCOTT COMPANY
                ---------------------
                PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 117
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>
 REICHEL FIELD, RUSH COUNTY, KANSAS                                                    GAS LEASE
   TENGASCO, INC. - OPERATOR   21-T17S-R17W                                            PROVED
     LEBSACK -A- #1   (KSSC-LNSG)                                                      PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>         <C>        <C>             <C>
 INITIAL -   1.000000                      0.783854                             5.30        5.00% -        48,623
 FINAL   -   1.000000                      0.783854                             5.30       10.00% -        35,537
 REMARKS -                                                                                 15.00% -        27,708
                                                                                           20.00% -        22,615
                                                                                           25.00% -        19,076
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF (A)   $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>       <C>               <C>         <C>        <C>          <C>      <C>
 2001     1             0           0           3               0           0           1.558       0.00     5.30
 2002     1             0           0           2               0           0           1.498       0.00     5.30
 2003     1             0           0           3               0           0           1.441       0.00     5.30
 2004     1             0           0           2               0           0           1.387       0.00     5.30
 2005     1             0           0           2               0           0           1.334       0.00     5.30
 2006     1             0           0           3               0           0           1.283       0.00     5.30
 2007     1             0           0           2               0           0           1.234       0.00     5.30
 2008     1             0           0           2               0           0           1.188       0.00     5.30
 2009     1             0           0           2               0           0           1.142       0.00     5.30
 2010     1             0           0           2               0           0           1.099       0.00     5.30
 2011     1             0           0           1               0           0           1.057       0.00     5.30
 2012     1             0           0           2               0           0           1.017       0.00     5.30
 2013     1             0           0           2               0           0           0.978       0.00     5.30
 2014     1             0           0           1               0           0           0.941       0.00     5.30
 2015     1             0           0           2               0           0           0.906       0.00     5.30

 SUB-TOTAL              0           0          31               0           0          18.063       0.00     5.30
 REMAINDER              0           0          18               0           0          10.550       0.00     5.30
 TOTAL                  0           0          49               0           0          28.613       0.00     5.30

 CUMULATIVE             0           0         121    (A) NET GAS VOLUMES ACCOUNT FOR SURFACE LOSSES,
 ULTIMATE               0           0         170        SHRINKAGE FACTOR =  25.60 %
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>     <C>                <C>     <C>               <C>       <C>       <C>
 2001                0           0         8,253            0         8,253           0          26         8,227
 2002                0           0         7,939            0         7,939           0          24         7,915
 2003                0           0         7,637            0         7,637           0          24         7,613
 2004                0           0         7,347            0         7,347           0          23         7,324
 2005                0           0         7,068            0         7,068           0          22         7,046
 2006                0           0         6,799            0         6,799           0          21         6,778
 2007                0           0         6,541            0         6,541           0          20         6,521
 2008                0           0         6,292            0         6,292           0          19         6,273
 2009                0           0         6,054            0         6,054           0          19         6,035
 2010                0           0         5,823            0         5,823           0          18         5,805
 2011                0           0         5,602            0         5,602           0          18         5,584
 2012                0           0         5,389            0         5,389           0          16         5,373
 2013                0           0         5,184            0         5,184           0          16         5,168
 2014                0           0         4,988            0         4,988           0          16         4,972
 2015                0           0         4,797            0         4,797           0          15         4,782

 SUB-TOT             0           0        95,713            0        95,713           0         297        95,416
 REMAIN              0           0        55,901            0        55,901           0         173        55,728
 TOTAL               0           0       151,614            0       151,614           0         470       151,144
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>           <C>              <C>         <C>         <C>      <C>            <C>           <C>           <C>
 2001          2,532           0           0           0         2,532          5,695         5,695         5,423
 2002          2,532           0           0           0         2,532          5,383        11,078         4,640
 2003          2,532           0           0           0         2,532          5,081        16,159         3,965
 2004          2,532           0           0           0         2,532          4,792        20,951         3,385
 2005          2,532           0           0           0         2,532          4,514        25,465         2,886
 2006          2,532           0           0           0         2,532          4,246        29,711         2,458
 2007          2,532           0           0           0         2,532          3,989        33,700         2,090
 2008          2,532           0           0           0         2,532          3,741        37,441         1,774
 2009          2,532           0           0           0         2,532          3,503        40,944         1,504
 2010          2,532           0           0           0         2,532          3,273        44,217         1,272
 2011          2,532           0           0           0         2,532          3,052        47,269         1,074
 2012          2,532           0           0           0         2,532          2,841        50,110           904
 2013          2,532           0           0           0         2,532          2,636        52,746           760
 2014          2,532           0           0           0         2,532          2,440        55,186           637
 2015          2,532           0           0           0         2,532          2,250        57,436           532

 SUBTOT       37,980           0           0           0        37,980         57,436                      33,304
 REMAIN       40,301           0           0           0        40,301         15,427        72,863         2,233
 TOTAL        78,281           0           0           0        78,281         72,863                      35,537

   LIFE OF EVALUATION IS 30.92 YEARS.
   FINAL PRODUCTION RATE: 0.1 MMCF/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

[LOGO OMITTED]  RYDER SCOTT COMPANY
                ---------------------
                PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 118
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>
 REICHEL FIELD, RUSH COUNTY, KANSAS                                                    GAS LEASE
   TENGASCO, INC. - OPERATOR   19-T16S-R17W                                            PROVED
     LIPPERT #2   (KSSC-LNSG)                                                          PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>     <C>            <C>                  <C>
 INITIAL -   1.000000                                                                       5.00% -             0
 FINAL   -   1.000000                                                                      10.00% -             0
 REMARKS -                                                                                 15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>   <C>               <C>         <C>     <C>                 <C>         <C>         <C>         <C>      <C>
 2001                   0           0           0               0           0           0.000       0.00     0.00
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE             0           0       2,213
 ULTIMATE               0           0       2,213
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2001                0           0             0            0             0           0           0             0
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2001              0           0           0           0             0              0             0             0
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0.0 MMCF/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

[LOGO OMITTED]  RYDER SCOTT COMPANY
                ---------------------
                PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 119
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>
 REICHEL FIELD, RUSH COUNTY, KANSAS                                                    GAS LEASE
   TENGASCO, INC. - OPERATOR   19-T16S-R17W                                            PROVED
     LIPPERT #3   (COTTONWOOD)                                                         PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>         <C>        <C>            <C>
 INITIAL -   1.000000                      0.875000                             5.30        5.00% -       192,462
 FINAL   -   1.000000                      0.875000                             5.30       10.00% -       136,317
 REMARKS -                                                                                 15.00% -       104,590
                                                                                           20.00% -        84,611
                                                                                           25.00% -        70,989
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF (A)   $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>       <C>               <C>         <C>       <C>           <C>      <C>
 2001     1             0           0           8               0           0           5.090       0.00     5.30
 2002     1             0           0           7               0           0           4.891       0.00     5.30
 2003     1             0           0           8               0           0           4.701       0.00     5.30
 2004     1             0           0           6               0           0           4.517       0.00     5.30
 2005     1             0           0           7               0           0           4.341       0.00     5.30
 2006     1             0           0           7               0           0           4.172       0.00     5.30
 2007     1             0           0           6               0           0           4.009       0.00     5.30
 2008     1             0           0           6               0           0           3.853       0.00     5.30
 2009     1             0           0           5               0           0           3.703       0.00     5.30
 2010     1             0           0           6               0           0           3.558       0.00     5.30
 2011     1             0           0           5               0           0           3.419       0.00     5.30
 2012     1             0           0           5               0           0           3.286       0.00     5.30
 2013     1             0           0           5               0           0           3.158       0.00     5.30
 2014     1             0           0           5               0           0           3.035       0.00     5.30
 2015     1             0           0           4               0           0           2.916       0.00     5.30

 SUB-TOTAL              0           0          90               0           0          58.649       0.00     5.30
 REMAINDER              0           0          66               0           0          42.983       0.00     5.30
 TOTAL                  0           0         156               0           0         101.632       0.00     5.30

 CUMULATIVE             0           0         168    (A) NET GAS VOLUMES ACCOUNT FOR SURFACE LOSSES,
 ULTIMATE               0           0         324        SHRINKAGE FACTOR =  25.60 %
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>     <C>                <C>     <C>               <C>     <C>         <C>
 2001                0           0        26,969            0        26,969           0          84        26,885
 2002                0           0        25,917            0        25,917           0          80        25,837
 2003                0           0        24,907            0        24,907           0          77        24,830
 2004                0           0        23,935            0        23,935           0          74        23,861
 2005                0           0        23,001            0        23,001           0          72        22,929
 2006                0           0        22,105            0        22,105           0          68        22,037
 2007                0           0        21,242            0        21,242           0          66        21,176
 2008                0           0        20,414            0        20,414           0          63        20,351
 2009                0           0        19,618            0        19,618           0          61        19,557
 2010                0           0        18,853            0        18,853           0          59        18,794
 2011                0           0        18,117            0        18,117           0          56        18,061
 2012                0           0        17,411            0        17,411           0          54        17,357
 2013                0           0        16,732            0        16,732           0          52        16,680
 2014                0           0        16,079            0        16,079           0          49        16,030
 2015                0           0        15,453            0        15,453           0          48        15,405

 SUB-TOT             0           0       310,753            0       310,753           0         963       309,790
 REMAIN              0           0       227,746            0       227,746           0         706       227,040
 TOTAL               0           0       538,499            0       538,499           0       1,669       536,830
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>          <C>               <C>         <C>         <C>     <C>            <C>           <C>           <C>
 2001          6,060           0           0           0         6,060         20,825        20,825        19,830
 2002          6,060           0           0           0         6,060         19,777        40,602        17,047
 2003          6,060           0           0           0         6,060         18,770        59,372        14,646
 2004          6,060           0           0           0         6,060         17,801        77,173        12,573
 2005          6,060           0           0           0         6,060         16,869        94,042        10,785
 2006          6,060           0           0           0         6,060         15,977       110,019         9,247
 2007          6,060           0           0           0         6,060         15,116       125,135         7,919
 2008          6,060           0           0           0         6,060         14,291       139,426         6,778
 2009          6,060           0           0           0         6,060         13,497       152,923         5,794
 2010          6,060           0           0           0         6,060         12,734       165,657         4,949
 2011          6,060           0           0           0         6,060         12,001       177,658         4,222
 2012          6,060           0           0           0         6,060         11,297       188,955         3,597
 2013          6,060           0           0           0         6,060         10,620       199,575         3,061
 2014          6,060           0           0           0         6,060          9,970       209,545         2,602
 2015          6,060           0           0           0         6,060          9,345       218,890         2,207

 SUBTOT       90,900           0           0           0        90,900        218,890                     125,257
 REMAIN      138,875           0           0           0       138,875         88,165       307,055        11,060
 TOTAL       229,775           0           0           0       229,775        307,055                     136,317

   LIFE OF EVALUATION IS 37.92 YEARS.
   FINAL PRODUCTION RATE: 0.1 MMCF/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

[LOGO OMITTED]  RYDER SCOTT COMPANY
                ---------------------
                PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 120
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>
 REICHEL FIELD, RUSH COUNTY, KANSAS                                                    GAS LEASE
   TENGASCO, INC. - OPERATOR   19-T16S-R17W                                            PROVED
     LIPPERT #3 BP   (WINFIELD)                                                        BEHIND PIPE


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>         <C>        <C>            <C>
 INITIAL -   1.000000                      0.875000                             5.30        5.00% -       194,902
 FINAL   -   1.000000                      0.875000                             5.30       10.00% -       175,121
 REMARKS -                                                                                 15.00% -       158,438
                                                                                           20.00% -       144,274
                                                                                           25.00% -       132,172
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF (A)   $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>        <C>              <C>         <C>        <C>          <C>      <C>
 2001     1             0           0          20               0           0          13.017       0.00     5.30
 2002     1             0           0          12               0           0           8.127       0.00     5.30
 2003     1             0           0          11               0           0           6.645       0.00     5.30
 2004     1             0           0           8               0           0           5.697       0.00     5.30
 2005     1             0           0           8               0           0           4.884       0.00     5.30
 2006     1             0           0           6               0           0           3.944       0.00     5.30
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0          65               0           0          42.314       0.00     5.30
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0          65               0           0          42.314       0.00     5.30

 CUMULATIVE             0           0           0    (A) NET GAS VOLUMES ACCOUNT FOR SURFACE LOSSES,
 ULTIMATE               0           0          65        SHRINKAGE FACTOR =  25.60 %
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>     <C>                <C>     <C>               <C>       <C>       <C>
 2001                0           0        68,972            0        68,972           0         214        68,758
 2002                0           0        43,062            0        43,062           0         133        42,929
 2003                0           0        35,207            0        35,207           0         109        35,098
 2004                0           0        30,184            0        30,184           0          94        30,090
 2005                0           0        25,879            0        25,879           0          80        25,799
 2006                0           0        20,900            0        20,900           0          65        20,835
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT             0           0       224,204            0       224,204           0         695       223,509
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0       224,204            0       224,204           0         695       223,509
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>     <C>             <C>       <C>          <C>           <C>           <C>
 2001              0           0       5,000           0         5,000         63,758        63,758        60,740
 2002              0           0           0           0             0         42,929       106,687        37,090
 2003              0           0           0           0             0         35,098       141,785        27,409
 2004              0           0           0           0             0         30,090       171,875        21,271
 2005              0           0           0           0             0         25,799       197,674        16,508
 2006              0           0           0           0             0         20,835       218,509        12,103
 2007              0           0           0           0             0              0       218,509             0
 2008              0           0           0           0             0              0       218,509             0
 2009              0           0           0           0             0              0       218,509             0
 2010              0           0           0           0             0              0       218,509             0
 2011              0           0           0           0             0              0       218,509             0
 2012              0           0           0           0             0              0       218,509             0
 2013              0           0           0           0             0              0       218,509             0
 2014              0           0           0           0             0              0       218,509             0
 2015              0           0           0           0             0              0       218,509             0

 SUBTOT            0           0       5,000           0         5,000        218,509                     175,121
 REMAIN            0           0           0           0             0              0       218,509             0
 TOTAL             0           0       5,000           0         5,000        218,509                     175,121

   LIFE OF EVALUATION IS 5.94 YEARS.
   FINAL PRODUCTION RATE: 0.5 MMCF/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

[LOGO OMITTED]  RYDER SCOTT COMPANY
                ---------------------
                PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 121
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>
 REICHEL FIELD, RUSH COUNTY, KANSAS                                                    GAS LEASE
   TENGASCO, INC. - OPERATOR   29-T16S-R17W                                            PROVED
     LIPPERT -B- #1   (PENNSYLVANIAN)                                                  PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>         <C>        <C>                <C>
 INITIAL -   1.000000                      0.755625                             5.30        5.00% -           360
 FINAL   -   1.000000                      0.755625                             5.30       10.00% -           353
 REMARKS -                                                                                 15.00% -           346
                                                                                           20.00% -           339
                                                                                           25.00% -           332
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF (A)   $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>     <C>                 <C>         <C>         <C>         <C>      <C>
 2001     1             0           0           1               0           0           0.393       0.00     5.30
 2002     1             0           0           0               0           0           0.113       0.00     5.30
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           1               0           0           0.506       0.00     5.30
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           1               0           0           0.506       0.00     5.30

 CUMULATIVE             0           0       1,225    (A) NET GAS VOLUMES ACCOUNT FOR SURFACE LOSSES,
 ULTIMATE               0           0       1,226        SHRINKAGE FACTOR =  25.60 %
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>       <C>              <C>       <C>             <C>         <C>       <C>
 2001                0           0         2,082            0         2,082           0           6         2,076
 2002                0           0           598            0           598           0           2           596
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT             0           0         2,680            0         2,680           0           8         2,672
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0         2,680            0         2,680           0           8         2,672
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>         <C>         <C>       <C>              <C>           <C>           <C>
 2001          1,728           0           0           0         1,728            348           348           335
 2002            576           0           0           0           576             20           368            18
 2003              0           0           0           0             0              0           368             0
 2004              0           0           0           0             0              0           368             0
 2005              0           0           0           0             0              0           368             0
 2006              0           0           0           0             0              0           368             0
 2007              0           0           0           0             0              0           368             0
 2008              0           0           0           0             0              0           368             0
 2009              0           0           0           0             0              0           368             0
 2010              0           0           0           0             0              0           368             0
 2011              0           0           0           0             0              0           368             0
 2012              0           0           0           0             0              0           368             0
 2013              0           0           0           0             0              0           368             0
 2014              0           0           0           0             0              0           368             0
 2015              0           0           0           0             0              0           368             0

 SUBTOT        2,304           0           0           0         2,304            368                         353
 REMAIN            0           0           0           0             0              0           368             0
 TOTAL         2,304           0           0           0         2,304            368                         353

   LIFE OF EVALUATION IS 1.33 YEARS.
   FINAL PRODUCTION RATE: 0.0 MMCF/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

[LOGO OMITTED]  RYDER SCOTT COMPANY
                ---------------------
                PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 122
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>
 REICHEL FIELD, RUSH COUNTY, KANSAS                                                    GAS LEASE
   TENGASCO, INC. - OPERATOR   29-T16S-R17W                                            PROVED
     LIPPERT -B- #2                                                                    PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>     <C>            <C>                  <C>
 INITIAL -   1.000000                                                                       5.00% -             0
 FINAL   -   1.000000                                                                      10.00% -             0
 REMARKS -                                                                                 15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>   <C>               <C>         <C>        <C>              <C>         <C>         <C>         <C>      <C>
 2001                   0           0           0               0           0           0.000       0.00     0.00
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE             0           0          12
 ULTIMATE               0           0          12
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2001                0           0             0            0             0           0           0             0
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2001              0           0           0           0             0              0             0             0
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0.0 MMCF/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

[LOGO OMITTED]  RYDER SCOTT COMPANY
                ---------------------
                PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 123
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>
 REICHEL FIELD, RUSH COUNTY, KANSAS                                                    GAS LEASE
   TENGASCO, INC. - OPERATOR   32-T16S-R17W                                            PROVED
     LIPPERT -C- #1   (TOPEKA)                                                         PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>         <C>        <C>             <C>
 INITIAL -   1.000000                      0.765625                             5.30        5.00% -        26,729
 FINAL   -   1.000000                      0.765625                             5.30       10.00% -        22,088
 REMARKS -                                                                                 15.00% -        18,690
                                                                                           20.00% -        16,131
                                                                                           25.00% -        14,154
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF (A)   $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>       <C>               <C>         <C>        <C>          <C>      <C>
 2001     1             0           0           2               0           0           1.312       0.00     5.30
 2002     1             0           0           2               0           0           1.207       0.00     5.30
 2003     1             0           0           2               0           0           1.110       0.00     5.30
 2004     1             0           0           2               0           0           1.021       0.00     5.30
 2005     1             0           0           2               0           0           0.940       0.00     5.30
 2006     1             0           0           1               0           0           0.864       0.00     5.30
 2007     1             0           0           2               0           0           0.795       0.00     5.30
 2008     1             0           0           1               0           0           0.732       0.00     5.30
 2009     1             0           0           1               0           0           0.673       0.00     5.30
 2010     1             0           0           1               0           0           0.619       0.00     5.30
 2011     1             0           0           1               0           0           0.570       0.00     5.30
 2012     1             0           0           1               0           0           0.524       0.00     5.30
 2013     1             0           0           1               0           0           0.482       0.00     5.30
 2014     1             0           0           1               0           0           0.444       0.00     5.30
 2015     1             0           0           1               0           0           0.408       0.00     5.30

 SUB-TOTAL              0           0          21               0           0          11.701       0.00     5.30
 REMAINDER              0           0           0               0           0           0.376       0.00     5.30
 TOTAL                  0           0          21               0           0          12.077       0.00     5.30

 CUMULATIVE             0           0         195    (A) NET GAS VOLUMES ACCOUNT FOR SURFACE LOSSES,
 ULTIMATE               0           0         216        SHRINKAGE FACTOR =  25.60 %
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>      <C>               <C>      <C>              <C>       <C>        <C>
 2001                0           0         6,950            0         6,950           0          22         6,928
 2002                0           0         6,394            0         6,394           0          19         6,375
 2003                0           0         5,882            0         5,882           0          19         5,863
 2004                0           0         5,412            0         5,412           0          16         5,396
 2005                0           0         4,978            0         4,978           0          16         4,962
 2006                0           0         4,581            0         4,581           0          14         4,567
 2007                0           0         4,214            0         4,214           0          13         4,201
 2008                0           0         3,877            0         3,877           0          12         3,865
 2009                0           0         3,567            0         3,567           0          11         3,556
 2010                0           0         3,281            0         3,281           0          10         3,271
 2011                0           0         3,019            0         3,019           0          10         3,009
 2012                0           0         2,777            0         2,777           0           8         2,769
 2013                0           0         2,555            0         2,555           0           8         2,547
 2014                0           0         2,351            0         2,351           0           7         2,344
 2015                0           0         2,163            0         2,163           0           7         2,156

 SUB-TOT             0           0        62,001            0        62,001           0         192        61,809
 REMAIN              0           0         1,990            0         1,990           0           6         1,984
 TOTAL               0           0        63,991            0        63,991           0         198        63,793
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>           <C>              <C>         <C>         <C>      <C>            <C>           <C>           <C>
 2001          1,908           0           0           0         1,908          5,020         5,020         4,783
 2002          1,908           0           0           0         1,908          4,467         9,487         3,852
 2003          1,908           0           0           0         1,908          3,955        13,442         3,088
 2004          1,908           0           0           0         1,908          3,488        16,930         2,465
 2005          1,908           0           0           0         1,908          3,054        19,984         1,954
 2006          1,908           0           0           0         1,908          2,659        22,643         1,540
 2007          1,908           0           0           0         1,908          2,293        24,936         1,202
 2008          1,908           0           0           0         1,908          1,957        26,893           929
 2009          1,908           0           0           0         1,908          1,648        28,541           708
 2010          1,908           0           0           0         1,908          1,363        29,904           531
 2011          1,908           0           0           0         1,908          1,101        31,005           388
 2012          1,908           0           0           0         1,908            861        31,866           274
 2013          1,908           0           0           0         1,908            639        32,505           185
 2014          1,908           0           0           0         1,908            436        32,941           114
 2015          1,908           0           0           0         1,908            248        33,189            59

 SUBTOT       28,620           0           0           0        28,620         33,189                      22,072
 REMAIN        1,908           0           0           0         1,908             76        33,265            16
 TOTAL        30,528           0           0           0        30,528         33,265                      22,088

   LIFE OF EVALUATION IS 16.00 YEARS.
   FINAL PRODUCTION RATE: 0.1 MMCF/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

[LOGO OMITTED]  RYDER SCOTT COMPANY
                ---------------------
                PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 124
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>
 REICHEL FIELD, RUSH COUNTY, KANSAS                                                    GAS LEASE
   TENGASCO, INC. - OPERATOR   3-T17S-R17W                                             PROVED
     MCGILL #1   (SHAWNEE)                                                             PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>     <C>            <C>                  <C>
 INITIAL -   1.000000                                                                       5.00% -             0
 FINAL   -   1.000000                                                                      10.00% -             0
 REMARKS -                                                                                 15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>   <C>               <C>         <C>       <C>               <C>         <C>         <C>         <C>      <C>
 2001                   0           0           0               0           0           0.000       0.00     0.00
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE             0           0         436
 ULTIMATE               0           0         436
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2001                0           0             0            0             0           0           0             0
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2001              0           0           0           0             0              0             0             0
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0.0 MMCF/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

[LOGO OMITTED]  RYDER SCOTT COMPANY
                ---------------------
                PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 125
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>
 REICHEL FIELD, RUSH COUNTY, KANSAS                                                    GAS LEASE
   TENGASCO, INC. - OPERATOR   34-T16S-R17W                                            PROVED
     O'DELL #1   (SHAWNEE)                                                             PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>     <C>            <C>                  <C>
 INITIAL -   1.000000                                                                       5.00% -             0
 FINAL   -   1.000000                                                                      10.00% -             0
 REMARKS -                                                                                 15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF (A)   $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>   <C>               <C>         <C>       <C>               <C>         <C>         <C>         <C>      <C>
 2001                   0           0           0               0           0           0.000       0.00     0.00
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE             0           0         115    (A) NET GAS VOLUMES ACCOUNT FOR SURFACE LOSSES,
 ULTIMATE               0           0         115        SHRINKAGE FACTOR =  25.60 %
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2001                0           0             0            0             0           0           0             0
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2001              0           0           0           0             0              0             0             0
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0.0 MMCF/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

[LOGO OMITTED]  RYDER SCOTT COMPANY
                ---------------------
                PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 126
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>
 REICHEL FIELD, RUSH COUNTY, KANSAS                                                    GAS LEASE
   TENGASCO, INC. - OPERATOR   28-T16S-R16W                                            PROVED
     OCHS #1-A   (SHAWNEE)                                                             PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>         <C>        <C>            <C>
 INITIAL -   1.000000                      0.875000                             5.30        5.00% -       133,042
 FINAL   -   1.000000                      0.875000                             5.30       10.00% -        89,706
 REMARKS -                                                                                 15.00% -        67,058
                                                                                           20.00% -        53,437
                                                                                           25.00% -        44,406
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF (A)   $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>       <C>               <C>         <C>        <C>          <C>      <C>
 2001     1             0           0           5               0           0           2.999       0.00     5.30
 2002     1             0           0           4               0           0           2.906       0.00     5.30
 2003     1             0           0           4               0           0           2.816       0.00     5.30
 2004     1             0           0           5               0           0           2.729       0.00     5.30
 2005     1             0           0           4               0           0           2.644       0.00     5.30
 2006     1             0           0           4               0           0           2.562       0.00     5.30
 2007     1             0           0           3               0           0           2.483       0.00     5.30
 2008     1             0           0           4               0           0           2.406       0.00     5.30
 2009     1             0           0           4               0           0           2.331       0.00     5.30
 2010     1             0           0           3               0           0           2.259       0.00     5.30
 2011     1             0           0           4               0           0           2.189       0.00     5.30
 2012     1             0           0           3               0           0           2.121       0.00     5.30
 2013     1             0           0           3               0           0           2.055       0.00     5.30
 2014     1             0           0           3               0           0           1.992       0.00     5.30
 2015     1             0           0           3               0           0           1.930       0.00     5.30

 SUB-TOTAL              0           0          56               0           0          36.422       0.00     5.30
 REMAINDER              0           0          50               0           0          32.290       0.00     5.30
 TOTAL                  0           0         106               0           0          68.712       0.00     5.30

 CUMULATIVE             0           0         218    (A) NET GAS VOLUMES ACCOUNT FOR SURFACE LOSSES,
 ULTIMATE               0           0         324        SHRINKAGE FACTOR =  25.60 %
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>     <C>                <C>     <C>               <C>     <C>         <C>
 2001                0           0        15,891            0        15,891           0          49        15,842
 2002                0           0        15,399            0        15,399           0          48        15,351
 2003                0           0        14,921            0        14,921           0          46        14,875
 2004                0           0        14,459            0        14,459           0          45        14,414
 2005                0           0        14,010            0        14,010           0          44        13,966
 2006                0           0        13,576            0        13,576           0          42        13,534
 2007                0           0        13,156            0        13,156           0          40        13,116
 2008                0           0        12,747            0        12,747           0          40        12,707
 2009                0           0        12,353            0        12,353           0          38        12,315
 2010                0           0        11,969            0        11,969           0          37        11,932
 2011                0           0        11,598            0        11,598           0          36        11,562
 2012                0           0        11,239            0        11,239           0          35        11,204
 2013                0           0        10,890            0        10,890           0          34        10,856
 2014                0           0        10,553            0        10,553           0          33        10,520
 2015                0           0        10,226            0        10,226           0          31        10,195

 SUB-TOT             0           0       192,987            0       192,987           0         598       192,389
 REMAIN              0           0       171,087            0       171,087           0         531       170,556
 TOTAL               0           0       364,074            0       364,074           0       1,129       362,945
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>          <C>               <C>         <C>         <C>     <C>            <C>           <C>            <C>
 2001          3,288           0           0           0         3,288         12,554        12,554        11,953
 2002          3,288           0           0           0         3,288         12,063        24,617        10,397
 2003          3,288           0           0           0         3,288         11,587        36,204         9,040
 2004          3,288           0           0           0         3,288         11,126        47,330         7,858
 2005          3,288           0           0           0         3,288         10,678        58,008         6,826
 2006          3,288           0           0           0         3,288         10,246        68,254         5,929
 2007          3,288           0           0           0         3,288          9,828        78,082         5,149
 2008          3,288           0           0           0         3,288          9,419        87,501         4,466
 2009          3,288           0           0           0         3,288          9,027        96,528         3,875
 2010          3,288           0           0           0         3,288          8,644       105,172         3,359
 2011          3,288           0           0           0         3,288          8,274       113,446         2,910
 2012          3,288           0           0           0         3,288          7,916       121,362         2,521
 2013          3,288           0           0           0         3,288          7,568       128,930         2,181
 2014          3,288           0           0           0         3,288          7,232       136,162         1,887
 2015          3,288           0           0           0         3,288          6,907       143,069         1,631

 SUBTOT       49,320           0           0           0        49,320        143,069                      79,982
 REMAIN       80,008           0           0           0        80,008         90,548       233,617         9,724
 TOTAL       129,328           0           0           0       129,328        233,617                      89,706

   LIFE OF EVALUATION IS 39.33 YEARS.
   FINAL PRODUCTION RATE: 0.1 MMCF/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

[LOGO OMITTED]  RYDER SCOTT COMPANY
                ---------------------
                PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 127
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>
 REICHEL FIELD, RUSH COUNTY, KANSAS                                                    GAS LEASE
   TENGASCO, INC. - OPERATOR   8-T16S-R17W                                             PROVED
     PFEIFER -B- #1-B   (WABAUNSEE)                                                    PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>     <C>            <C>                  <C>
 INITIAL -   1.000000                                                                       5.00% -             0
 FINAL   -   1.000000                                                                      10.00% -             0
 REMARKS -                                                                                 15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>   <C>               <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2001                   0           0           0               0           0           0.000       0.00     0.00
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE             0           0           0
 ULTIMATE               0           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2001                0           0             0            0             0           0           0             0
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2001              0           0           0           0             0              0             0             0
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0.0 MMCF/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

[LOGO OMITTED]  RYDER SCOTT COMPANY
                ---------------------
                PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 128
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>
 REICHEL FIELD, RUSH COUNTY, KANSAS                                                    GAS LEASE
   TENGASCO, INC. - OPERATOR   10-T17S-R17W                                            PROVED
     RAU #1   (TOPEKA)                                                                 PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>         <C>        <C>            <C>
 INITIAL -   1.000000                      0.820313                             5.30        5.00% -       262,383
 FINAL   -   1.000000                      0.820313                             5.30       10.00% -       197,610
 REMARKS -                                                                                 15.00% -       157,629
                                                                                           20.00% -       130,884
                                                                                           25.00% -       111,855
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF (A)   $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>     <C>                 <C>         <C>        <C>          <C>      <C>
 2001     1             0           0          12               0           0           7.290       0.00     5.30
 2002     1             0           0          11               0           0           6.736       0.00     5.30
 2003     1             0           0          10               0           0           6.224       0.00     5.30
 2004     1             0           0          10               0           0           5.751       0.00     5.30
 2005     1             0           0           8               0           0           5.314       0.00     5.30
 2006     1             0           0           8               0           0           4.910       0.00     5.30
 2007     1             0           0           8               0           0           4.537       0.00     5.30
 2008     1             0           0           7               0           0           4.192       0.00     5.30
 2009     1             0           0           6               0           0           3.874       0.00     5.30
 2010     1             0           0           6               0           0           3.579       0.00     5.30
 2011     1             0           0           5               0           0           3.307       0.00     5.30
 2012     1             0           0           5               0           0           3.056       0.00     5.30
 2013     1             0           0           5               0           0           2.824       0.00     5.30
 2014     1             0           0           4               0           0           2.609       0.00     5.30
 2015     1             0           0           4               0           0           2.411       0.00     5.30

 SUB-TOTAL              0           0         109               0           0          66.614       0.00     5.30
 REMAINDER              0           0          33               0           0          20.046       0.00     5.30
 TOTAL                  0           0         142               0           0          86.660       0.00     5.30

 CUMULATIVE             0           0       2,343    (A) NET GAS VOLUMES ACCOUNT FOR SURFACE LOSSES,
 ULTIMATE               0           0       2,485        SHRINKAGE FACTOR =  25.60 %
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>     <C>                <C>     <C>               <C>     <C>         <C>
 2001                0           0        38,628            0        38,628           0         120        38,508
 2002                0           0        35,692            0        35,692           0         110        35,582
 2003                0           0        32,979            0        32,979           0         103        32,876
 2004                0           0        30,474            0        30,474           0          94        30,380
 2005                0           0        28,157            0        28,157           0          87        28,070
 2006                0           0        26,017            0        26,017           0          81        25,936
 2007                0           0        24,040            0        24,040           0          75        23,965
 2008                0           0        22,213            0        22,213           0          68        22,145
 2009                0           0        20,524            0        20,524           0          64        20,460
 2010                0           0        18,965            0        18,965           0          59        18,906
 2011                0           0        17,523            0        17,523           0          54        17,469
 2012                0           0        16,192            0        16,192           0          50        16,142
 2013                0           0        14,961            0        14,961           0          47        14,914
 2014                0           0        13,824            0        13,824           0          43        13,781
 2015                0           0        12,774            0        12,774           0          39        12,735

 SUB-TOT             0           0       352,963            0       352,963           0       1,094       351,869
 REMAIN              0           0       106,211            0       106,211           0         329       105,882
 TOTAL               0           0       459,174            0       459,174           0       1,423       457,751
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>           <C>              <C>         <C>         <C>      <C>           <C>           <C>           <C>
 2001          2,676           0           0           0         2,676         35,832        35,832        34,129
 2002          2,676           0           0           0         2,676         32,906        68,738        28,372
 2003          2,676           0           0           0         2,676         30,200        98,938        23,571
 2004          2,676           0           0           0         2,676         27,704       126,642        19,573
 2005          2,676           0           0           0         2,676         25,394       152,036        16,240
 2006          2,676           0           0           0         2,676         23,260       175,296        13,466
 2007          2,676           0           0           0         2,676         21,289       196,585        11,156
 2008          2,676           0           0           0         2,676         19,469       216,054         9,236
 2009          2,676           0           0           0         2,676         17,784       233,838         7,637
 2010          2,676           0           0           0         2,676         16,230       250,068         6,309
 2011          2,676           0           0           0         2,676         14,793       264,861         5,205
 2012          2,676           0           0           0         2,676         13,466       278,327         4,289
 2013          2,676           0           0           0         2,676         12,238       290,565         3,529
 2014          2,676           0           0           0         2,676         11,105       301,670         2,899
 2015          2,676           0           0           0         2,676         10,059       311,729         2,376

 SUBTOT       40,140           0           0           0        40,140        311,729                     187,987
 REMAIN       38,992           0           0           0        38,992         66,890       378,619         9,623
 TOTAL        79,132           0           0           0        79,132        378,619                     197,610

   LIFE OF EVALUATION IS 29.57 YEARS.
   FINAL PRODUCTION RATE: 0.1 MMCF/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

[LOGO OMITTED]  RYDER SCOTT COMPANY
                ---------------------
                PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 129
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>
 REICHEL FIELD, RUSH COUNTY, KANSAS                                                    GAS LEASE
   TENGASCO, INC. - OPERATOR   23-T17S-R17W                                            PROVED
     REICHEL #1   (KANSAS CITY)                                                        PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>         <C>        <C>            <C>
 INITIAL -   1.000000                      0.875000                             5.30        5.00% -       103,936
 FINAL   -   1.000000                      0.875000                             5.30       10.00% -        94,963
 REMARKS -                                                                                 15.00% -        87,284
                                                                                           20.00% -        80,667
                                                                                           25.00% -        74,928
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF (A)   $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>       <C>               <C>         <C>        <C>          <C>      <C>
 2001     1             0           0          17               0           0          11.186       0.00     5.30
 2002     1             0           0          13               0           0           8.224       0.00     5.30
 2003     1             0           0          10               0           0           6.912       0.00     5.30
 2004     1             0           0          10               0           0           5.944       0.00     5.30
 2005     1             0           0           7               0           0           5.112       0.00     5.30
 2006     1             0           0           7               0           0           4.396       0.00     5.30
 2007     1             0           0           6               0           0           3.781       0.00     5.30
 2008     1             0           0           1               0           0           0.577       0.00     5.30
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0          71               0           0          46.132       0.00     5.30
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0          71               0           0          46.132       0.00     5.30

 CUMULATIVE             0           0         253    (A) NET GAS VOLUMES ACCOUNT FOR SURFACE LOSSES,
 ULTIMATE               0           0         324        SHRINKAGE FACTOR =  25.60 %
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>     <C>                <C>     <C>               <C>       <C>       <C>
 2001                0           0        59,271            0        59,271           0         184        59,087
 2002                0           0        43,575            0        43,575           0         135        43,440
 2003                0           0        36,621            0        36,621           0         113        36,508
 2004                0           0        31,494            0        31,494           0          98        31,396
 2005                0           0        27,085            0        27,085           0          84        27,001
 2006                0           0        23,293            0        23,293           0          72        23,221
 2007                0           0        20,032            0        20,032           0          62        19,970
 2008                0           0         3,055            0         3,055           0          10         3,045
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT             0           0       244,426            0       244,426           0         758       243,668
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0       244,426            0       244,426           0         758       243,668
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>          <C>               <C>         <C>         <C>     <C>            <C>           <C>            <C>
 2001         18,024           0           0           0        18,024         41,063        41,063        39,237
 2002         18,024           0           0           0        18,024         25,416        66,479        21,972
 2003         18,024           0           0           0        18,024         18,484        84,963        14,452
 2004         18,024           0           0           0        18,024         13,372        98,335         9,468
 2005         18,024           0           0           0        18,024          8,977       107,312         5,758
 2006         18,024           0           0           0        18,024          5,197       112,509         3,023
 2007         18,024           0           0           0        18,024          1,946       114,455         1,032
 2008          3,004           0           0           0         3,004             41       114,496            21
 2009              0           0           0           0             0              0       114,496             0
 2010              0           0           0           0             0              0       114,496             0
 2011              0           0           0           0             0              0       114,496             0
 2012              0           0           0           0             0              0       114,496             0
 2013              0           0           0           0             0              0       114,496             0
 2014              0           0           0           0             0              0       114,496             0
 2015              0           0           0           0             0              0       114,496             0

 SUBTOT      129,172           0           0           0       129,172        114,496                      94,963
 REMAIN            0           0           0           0             0              0       114,496             0
 TOTAL       129,172           0           0           0       129,172        114,496                      94,963

   LIFE OF EVALUATION IS 7.17 YEARS.
   FINAL PRODUCTION RATE: 0.4 MMCF/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

[LOGO OMITTED]  RYDER SCOTT COMPANY
                ---------------------
                PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 130
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>
 REICHEL FIELD, RUSH COUNTY, KANSAS                                                    GAS LEASE
   TENGASCO, INC. - OPERATOR   31-T17S-R16W                                            PROVED
     ROTHE #1   (TOPEKA)                                                               PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>         <C>        <C>             <C>
 INITIAL -   1.000000                      0.875000                             5.30        5.00% -        30,859
 FINAL   -   1.000000                      0.875000                             5.30       10.00% -        28,316
 REMARKS -                                                                                 15.00% -        26,104
                                                                                           20.00% -        24,169
                                                                                           25.00% -        22,468
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF (A)   $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>       <C>               <C>         <C>        <C>          <C>      <C>
 2001     1             0           0           6               0           0           3.738       0.00     5.30
 2002     1             0           0           5               0           0           3.200       0.00     5.30
 2003     1             0           0           4               0           0           2.739       0.00     5.30
 2004     1             0           0           3               0           0           2.345       0.00     5.30
 2005     1             0           0           4               0           0           2.007       0.00     5.30
 2006     1             0           0           2               0           0           1.718       0.00     5.30
 2007     1             0           0           0               0           0           0.131       0.00     5.30
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0          24               0           0          15.878       0.00     5.30
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0          24               0           0          15.878       0.00     5.30

 CUMULATIVE             0           0         833    (A) NET GAS VOLUMES ACCOUNT FOR SURFACE LOSSES,
 ULTIMATE               0           0         857        SHRINKAGE FACTOR =  25.60 %
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>      <C>               <C>      <C>              <C>       <C>        <C>
 2001                0           0        19,807            0        19,807           0          61        19,746
 2002                0           0        16,955            0        16,955           0          53        16,902
 2003                0           0        14,514            0        14,514           0          45        14,469
 2004                0           0        12,424            0        12,424           0          38        12,386
 2005                0           0        10,634            0        10,634           0          33        10,601
 2006                0           0         9,103            0         9,103           0          29         9,074
 2007                0           0           697            0           697           0           2           695
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT             0           0        84,134            0        84,134           0         261        83,873
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0        84,134            0        84,134           0         261        83,873
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>           <C>              <C>         <C>         <C>      <C>            <C>           <C>           <C>
 2001          8,232           0           0           0         8,232         11,514        11,514        10,983
 2002          8,232           0           0           0         8,232          8,670        20,184         7,489
 2003          8,232           0           0           0         8,232          6,237        26,421         4,879
 2004          8,232           0           0           0         8,232          4,154        30,575         2,944
 2005          8,232           0           0           0         8,232          2,369        32,944         1,522
 2006          8,232           0           0           0         8,232            842        33,786           494
 2007            686           0           0           0           686              9        33,795             5
 2008              0           0           0           0             0              0        33,795             0
 2009              0           0           0           0             0              0        33,795             0
 2010              0           0           0           0             0              0        33,795             0
 2011              0           0           0           0             0              0        33,795             0
 2012              0           0           0           0             0              0        33,795             0
 2013              0           0           0           0             0              0        33,795             0
 2014              0           0           0           0             0              0        33,795             0
 2015              0           0           0           0             0              0        33,795             0

 SUBTOT       50,078           0           0           0        50,078         33,795                      28,316
 REMAIN            0           0           0           0             0              0        33,795             0
 TOTAL        50,078           0           0           0        50,078         33,795                      28,316

   LIFE OF EVALUATION IS 6.08 YEARS.
   FINAL PRODUCTION RATE: 0.2 MMCF/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

[LOGO OMITTED]  RYDER SCOTT COMPANY
                ---------------------
                PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 131
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>
 REICHEL FIELD, RUSH COUNTY, KANSAS                                                    GAS LEASE
   TENGASCO, INC. - OPERATOR   20-T17S-R16W                                            PROVED
     ROTHE, R. #1   (KANSAS CITY)                                                      PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>         <C>        <C>            <C>
 INITIAL -   1.000000                      0.820313                             5.30        5.00% -       230,014
 FINAL   -   1.000000                      0.820313                             5.30       10.00% -       175,106
 REMARKS -                                                                                 15.00% -       140,433
                                                                                           20.00% -       116,929
                                                                                           25.00% -       100,079
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF (A)   $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>       <C>               <C>         <C>        <C>          <C>      <C>
 2001     1             0           0          11               0           0           6.882       0.00     5.30
 2002     1             0           0          11               0           0           6.386       0.00     5.30
 2003     1             0           0           9               0           0           5.927       0.00     5.30
 2004     1             0           0           9               0           0           5.500       0.00     5.30
 2005     1             0           0           9               0           0           5.104       0.00     5.30
 2006     1             0           0           8               0           0           4.736       0.00     5.30
 2007     1             0           0           7               0           0           4.395       0.00     5.30
 2008     1             0           0           6               0           0           4.079       0.00     5.30
 2009     1             0           0           7               0           0           3.785       0.00     5.30
 2010     1             0           0           5               0           0           3.513       0.00     5.30
 2011     1             0           0           6               0           0           3.260       0.00     5.30
 2012     1             0           0           5               0           0           3.025       0.00     5.30
 2013     1             0           0           4               0           0           2.807       0.00     5.30
 2014     1             0           0           5               0           0           2.605       0.00     5.30
 2015     1             0           0           4               0           0           2.418       0.00     5.30

 SUB-TOTAL              0           0         106               0           0          64.422       0.00     5.30
 REMAINDER              0           0          33               0           0          20.483       0.00     5.30
 TOTAL                  0           0         139               0           0          84.905       0.00     5.30

 CUMULATIVE             0           0         456    (A) NET GAS VOLUMES ACCOUNT FOR SURFACE LOSSES,
 ULTIMATE               0           0         595        SHRINKAGE FACTOR =  25.60 %
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>     <C>                <C>     <C>               <C>     <C>         <C>
 2001                0           0        36,463            0        36,463           0         113        36,350
 2002                0           0        33,838            0        33,838           0         105        33,733
 2003                0           0        31,401            0        31,401           0          97        31,304
 2004                0           0        29,141            0        29,141           0          91        29,050
 2005                0           0        27,042            0        27,042           0          83        26,959
 2006                0           0        25,096            0        25,096           0          78        25,018
 2007                0           0        23,288            0        23,288           0          72        23,216
 2008                0           0        21,612            0        21,612           0          67        21,545
 2009                0           0        20,056            0        20,056           0          63        19,993
 2010                0           0        18,611            0        18,611           0          57        18,554
 2011                0           0        17,272            0        17,272           0          54        17,218
 2012                0           0        16,028            0        16,028           0          50        15,978
 2013                0           0        14,874            0        14,874           0          46        14,828
 2014                0           0        13,803            0        13,803           0          42        13,761
 2015                0           0        12,810            0        12,810           0          40        12,770

 SUB-TOT             0           0       341,335            0       341,335           0       1,058       340,277
 REMAIN              0           0       108,526            0       108,526           0         337       108,189
 TOTAL               0           0       449,861            0       449,861           0       1,395       448,466
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>          <C>               <C>         <C>         <C>     <C>            <C>           <C>           <C>
 2001          4,212           0           0           0         4,212         32,138        32,138        30,611
 2002          4,212           0           0           0         4,212         29,521        61,659        25,453
 2003          4,212           0           0           0         4,212         27,092        88,751        21,145
 2004          4,212           0           0           0         4,212         24,838       113,589        17,548
 2005          4,212           0           0           0         4,212         22,747       136,336        14,548
 2006          4,212           0           0           0         4,212         20,806       157,142        12,045
 2007          4,212           0           0           0         4,212         19,004       176,146         9,959
 2008          4,212           0           0           0         4,212         17,333       193,479         8,223
 2009          4,212           0           0           0         4,212         15,781       209,260         6,777
 2010          4,212           0           0           0         4,212         14,342       223,602         5,575
 2011          4,212           0           0           0         4,212         13,006       236,608         4,577
 2012          4,212           0           0           0         4,212         11,766       248,374         3,748
 2013          4,212           0           0           0         4,212         10,616       258,990         3,061
 2014          4,212           0           0           0         4,212          9,549       268,539         2,493
 2015          4,212           0           0           0         4,212          8,558       277,097         2,022

 SUBTOT       63,180           0           0           0        63,180        277,097                     167,785
 REMAIN       60,372           0           0           0        60,372         47,817       324,914         7,321
 TOTAL       123,552           0           0           0       123,552        324,914                     175,106

   LIFE OF EVALUATION IS 29.33 YEARS.
   FINAL PRODUCTION RATE: 0.1 MMCF/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

[LOGO OMITTED]  RYDER SCOTT COMPANY
                ---------------------
                PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 132
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>
 REICHEL FIELD, RUSH COUNTY, KANSAS                                                    GAS LEASE
   TENGASCO, INC. - OPERATOR   4-T17S-R17W                                             PROVED
     SCHEUERMAN -A- #1   (GRWS-SHWN)                                                   PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>         <C>        <C>             <C>
 INITIAL -   1.000000                      0.875000                             5.30        5.00% -        55,825
 FINAL   -   1.000000                      0.875000                             5.30       10.00% -        44,883
 REMARKS -                                                                                 15.00% -        37,257
                                                                                           20.00% -        31,725
                                                                                           25.00% -        27,569
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF (A)   $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>       <C>               <C>         <C>        <C>          <C>      <C>
 2001     1             0           0           3               0           0           2.227       0.00     5.30
 2002     1             0           0           4               0           0           2.049       0.00     5.30
 2003     1             0           0           2               0           0           1.885       0.00     5.30
 2004     1             0           0           3               0           0           1.734       0.00     5.30
 2005     1             0           0           3               0           0           1.595       0.00     5.30
 2006     1             0           0           2               0           0           1.468       0.00     5.30
 2007     1             0           0           2               0           0           1.350       0.00     5.30
 2008     1             0           0           2               0           0           1.242       0.00     5.30
 2009     1             0           0           2               0           0           1.143       0.00     5.30
 2010     1             0           0           1               0           0           1.051       0.00     5.30
 2011     1             0           0           2               0           0           0.967       0.00     5.30
 2012     1             0           0           1               0           0           0.890       0.00     5.30
 2013     1             0           0           1               0           0           0.819       0.00     5.30
 2014     1             0           0           1               0           0           0.753       0.00     5.30
 2015     1             0           0           2               0           0           0.693       0.00     5.30

 SUB-TOTAL              0           0          31               0           0          19.866       0.00     5.30
 REMAINDER              0           0           4               0           0           2.643       0.00     5.30
 TOTAL                  0           0          35               0           0          22.509       0.00     5.30

 CUMULATIVE             0           0         428    (A) NET GAS VOLUMES ACCOUNT FOR SURFACE LOSSES,
 ULTIMATE               0           0         463        SHRINKAGE FACTOR =  25.60 %
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>     <C>                <C>     <C>               <C>       <C>       <C>
 2001                0           0        11,799            0        11,799           0          37        11,762
 2002                0           0        10,855            0        10,855           0          33        10,822
 2003                0           0         9,986            0         9,986           0          31         9,955
 2004                0           0         9,188            0         9,188           0          29         9,159
 2005                0           0         8,452            0         8,452           0          26         8,426
 2006                0           0         7,776            0         7,776           0          24         7,752
 2007                0           0         7,155            0         7,155           0          22         7,133
 2008                0           0         6,582            0         6,582           0          21         6,561
 2009                0           0         6,055            0         6,055           0          18         6,037
 2010                0           0         5,571            0         5,571           0          18         5,553
 2011                0           0         5,125            0         5,125           0          15         5,110
 2012                0           0         4,715            0         4,715           0          15         4,700
 2013                0           0         4,338            0         4,338           0          14         4,324
 2014                0           0         3,991            0         3,991           0          12         3,979
 2015                0           0         3,672            0         3,672           0          11         3,661

 SUB-TOT             0           0       105,260            0       105,260           0         326       104,934
 REMAIN              0           0        14,006            0        14,006           0          44        13,962
 TOTAL               0           0       119,266            0       119,266           0         370       118,896
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>           <C>              <C>         <C>         <C>      <C>            <C>           <C>           <C>
 2001          2,352           0           0           0         2,352          9,410         9,410         8,964
 2002          2,352           0           0           0         2,352          8,470        17,880         7,304
 2003          2,352           0           0           0         2,352          7,603        25,483         5,935
 2004          2,352           0           0           0         2,352          6,807        32,290         4,811
 2005          2,352           0           0           0         2,352          6,074        38,364         3,885
 2006          2,352           0           0           0         2,352          5,400        43,764         3,127
 2007          2,352           0           0           0         2,352          4,781        48,545         2,506
 2008          2,352           0           0           0         2,352          4,209        52,754         1,998
 2009          2,352           0           0           0         2,352          3,685        56,439         1,583
 2010          2,352           0           0           0         2,352          3,201        59,640         1,245
 2011          2,352           0           0           0         2,352          2,758        62,398           970
 2012          2,352           0           0           0         2,352          2,348        64,746           749
 2013          2,352           0           0           0         2,352          1,972        66,718           569
 2014          2,352           0           0           0         2,352          1,627        68,345           425
 2015          2,352           0           0           0         2,352          1,309        69,654           310

 SUBTOT       35,280           0           0           0        35,280         69,654                      44,381
 REMAIN       11,368           0           0           0        11,368          2,594        72,248           502
 TOTAL        46,648           0           0           0        46,648         72,248                      44,883

   LIFE OF EVALUATION IS 19.83 YEARS.
   FINAL PRODUCTION RATE: 0.1 MMCF/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

[LOGO OMITTED]  RYDER SCOTT COMPANY
                ---------------------
                PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 133
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>
 REICHEL FIELD, RUSH COUNTY, KANSAS                                                    GAS LEASE
   TENGASCO, INC. - OPERATOR   18-T16S-R17W                                            PROVED
     SCHLITTER #2   (PENNSYLVANIAN)                                                    PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>         <C>        <C>             <C>
 INITIAL -   1.000000                      0.861328                             5.30        5.00% -        13,458
 FINAL   -   1.000000                      0.861328                             5.30       10.00% -        11,692
 REMARKS -                                                                                 15.00% -        10,283
                                                                                           20.00% -         9,143
                                                                                           25.00% -         8,209
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF (A)   $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>       <C>               <C>         <C>         <C>         <C>      <C>
 2001     1             0           0           2               0           0           1.123       0.00     5.30
 2002     1             0           0           1               0           0           1.037       0.00     5.30
 2003     1             0           0           2               0           0           0.958       0.00     5.30
 2004     1             0           0           1               0           0           0.885       0.00     5.30
 2005     1             0           0           2               0           0           0.817       0.00     5.30
 2006     1             0           0           1               0           0           0.754       0.00     5.30
 2007     1             0           0           1               0           0           0.697       0.00     5.30
 2008     1             0           0           1               0           0           0.643       0.00     5.30
 2009     1             0           0           1               0           0           0.594       0.00     5.30
 2010     1             0           0           1               0           0           0.549       0.00     5.30
 2011     1             0           0           0               0           0           0.216       0.00     5.30
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0          13               0           0           8.273       0.00     5.30
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0          13               0           0           8.273       0.00     5.30

 CUMULATIVE             0           0         175    (A) NET GAS VOLUMES ACCOUNT FOR SURFACE LOSSES,
 ULTIMATE               0           0         188        SHRINKAGE FACTOR =  25.60 %
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>      <C>               <C>      <C>              <C>       <C>        <C>
 2001                0           0         5,951            0         5,951           0          18         5,933
 2002                0           0         5,496            0         5,496           0          17         5,479
 2003                0           0         5,075            0         5,075           0          16         5,059
 2004                0           0         4,688            0         4,688           0          15         4,673
 2005                0           0         4,328            0         4,328           0          13         4,315
 2006                0           0         3,998            0         3,998           0          13         3,985
 2007                0           0         3,691            0         3,691           0          11         3,680
 2008                0           0         3,409            0         3,409           0          11         3,398
 2009                0           0         3,149            0         3,149           0           9         3,140
 2010                0           0         2,907            0         2,907           0           9         2,898
 2011                0           0         1,145            0         1,145           0           4         1,141
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT             0           0        43,837            0        43,837           0         136        43,701
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0        43,837            0        43,837           0         136        43,701
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>           <C>              <C>         <C>         <C>      <C>            <C>           <C>           <C>
 2001          2,688           0           0           0         2,688          3,245         3,245         3,092
 2002          2,688           0           0           0         2,688          2,791         6,036         2,408
 2003          2,688           0           0           0         2,688          2,371         8,407         1,852
 2004          2,688           0           0           0         2,688          1,985        10,392         1,403
 2005          2,688           0           0           0         2,688          1,627        12,019         1,042
 2006          2,688           0           0           0         2,688          1,297        13,316           752
 2007          2,688           0           0           0         2,688            992        14,308           521
 2008          2,688           0           0           0         2,688            710        15,018           337
 2009          2,688           0           0           0         2,688            452        15,470           195
 2010          2,688           0           0           0         2,688            210        15,680            82
 2011          1,120           0           0           0         1,120             21        15,701             8
 2012              0           0           0           0             0              0        15,701             0
 2013              0           0           0           0             0              0        15,701             0
 2014              0           0           0           0             0              0        15,701             0
 2015              0           0           0           0             0              0        15,701             0

 SUBTOT       28,000           0           0           0        28,000         15,701                      11,692
 REMAIN            0           0           0           0             0              0        15,701             0
 TOTAL        28,000           0           0           0        28,000         15,701                      11,692

   LIFE OF EVALUATION IS 10.42 YEARS.
   FINAL PRODUCTION RATE: 0.1 MMCF/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

[LOGO OMITTED]  RYDER SCOTT COMPANY
                ---------------------
                PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 134
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>
 REICHEL FIELD, RUSH COUNTY, KANSAS                                                    GAS LEASE
   TENGASCO, INC. - OPERATOR   13-T17S-R17W                                            PROVED
     SCHNEIDER #1   (KANSAS CITY)                                                      PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>         <C>        <C>            <C>
 INITIAL -   1.000000                      0.820313                             5.30        5.00% -       186,888
 FINAL   -   1.000000                      0.820313                             5.30       10.00% -       163,342
 REMARKS -                                                                                 15.00% -       144,456
                                                                                           20.00% -       129,100
                                                                                           25.00% -       116,455
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF (A)   $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>       <C>               <C>         <C>        <C>          <C>      <C>
 2001     1             0           0          20               0           0          12.366       0.00     5.30
 2002     1             0           0          18               0           0          10.833       0.00     5.30
 2003     1             0           0          16               0           0           9.489       0.00     5.30
 2004     1             0           0          13               0           0           8.313       0.00     5.30
 2005     1             0           0          12               0           0           7.282       0.00     5.30
 2006     1             0           0          11               0           0           6.379       0.00     5.30
 2007     1             0           0           9               0           0           5.588       0.00     5.30
 2008     1             0           0           8               0           0           4.895       0.00     5.30
 2009     1             0           0           7               0           0           4.288       0.00     5.30
 2010     1             0           0           6               0           0           3.756       0.00     5.30
 2011     1             0           0           4               0           0           2.242       0.00     5.30
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0         124               0           0          75.431       0.00     5.30
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0         124               0           0          75.431       0.00     5.30

 CUMULATIVE             0           0         391    (A) NET GAS VOLUMES ACCOUNT FOR SURFACE LOSSES,
 ULTIMATE               0           0         515        SHRINKAGE FACTOR =  25.60 %
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>     <C>                <C>     <C>               <C>     <C>         <C>
 2001                0           0        65,521            0        65,521           0         203        65,318
 2002                0           0        57,396            0        57,396           0         178        57,218
 2003                0           0        50,279            0        50,279           0         156        50,123
 2004                0           0        44,044            0        44,044           0         136        43,908
 2005                0           0        38,583            0        38,583           0         120        38,463
 2006                0           0        33,798            0        33,798           0         105        33,693
 2007                0           0        29,608            0        29,608           0          92        29,516
 2008                0           0        25,936            0        25,936           0          80        25,856
 2009                0           0        22,720            0        22,720           0          70        22,650
 2010                0           0        19,903            0        19,903           0          62        19,841
 2011                0           0        11,878            0        11,878           0          37        11,841
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT             0           0       399,666            0       399,666           0       1,239       398,427
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0       399,666            0       399,666           0       1,239       398,427
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>          <C>               <C>         <C>         <C>     <C>            <C>           <C>           <C>
 2001         17,040           0           0           0        17,040         48,278        48,278        46,020
 2002         17,040           0           0           0        17,040         40,178        88,456        34,671
 2003         17,040           0           0           0        17,040         33,083       121,539        25,845
 2004         17,040           0           0           0        17,040         26,868       148,407        19,002
 2005         17,040           0           0           0        17,040         21,423       169,830        13,718
 2006         17,040           0           0           0        17,040         16,653       186,483         9,655
 2007         17,040           0           0           0        17,040         12,476       198,959         6,550
 2008         17,040           0           0           0        17,040          8,816       207,775         4,193
 2009         17,040           0           0           0        17,040          5,610       213,385         2,417
 2010         17,040           0           0           0        17,040          2,801       216,186         1,097
 2011         11,360           0           0           0        11,360            481       216,667           174
 2012              0           0           0           0             0              0       216,667             0
 2013              0           0           0           0             0              0       216,667             0
 2014              0           0           0           0             0              0       216,667             0
 2015              0           0           0           0             0              0       216,667             0

 SUBTOT      181,760           0           0           0       181,760        216,667                     163,342
 REMAIN            0           0           0           0             0              0       216,667             0
 TOTAL       181,760           0           0           0       181,760        216,667                     163,342

   LIFE OF EVALUATION IS 10.67 YEARS.
   FINAL PRODUCTION RATE: 0.4 MMCF/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

[LOGO OMITTED]  RYDER SCOTT COMPANY
                ---------------------
                PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 135
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>
 REICHEL FIELD, RUSH COUNTY, KANSAS                                                    GAS LEASE
   TENGASCO, INC. - OPERATOR   25-T16S-R17W                                            PROVED
     SHERWOOD #1   (SHAWNEE)                                                           PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>         <C>        <C>            <C>
 INITIAL -   1.000000                      0.792969                             5.30        5.00% -       117,979
 FINAL   -   1.000000                      0.792969                             5.30       10.00% -        77,262
 REMARKS -                                                                                 15.00% -        56,828
                                                                                           20.00% -        44,852
                                                                                           25.00% -        37,043
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF (A)   $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>       <C>               <C>         <C>        <C>          <C>      <C>
 2001     1             0           0           4               0           0           2.505       0.00     5.30
 2002     1             0           0           4               0           0           2.444       0.00     5.30
 2003     1             0           0           4               0           0           2.384       0.00     5.30
 2004     1             0           0           4               0           0           2.326       0.00     5.30
 2005     1             0           0           4               0           0           2.269       0.00     5.30
 2006     1             0           0           4               0           0           2.213       0.00     5.30
 2007     1             0           0           4               0           0           2.159       0.00     5.30
 2008     1             0           0           3               0           0           2.106       0.00     5.30
 2009     1             0           0           4               0           0           2.054       0.00     5.30
 2010     1             0           0           3               0           0           2.004       0.00     5.30
 2011     1             0           0           3               0           0           1.955       0.00     5.30
 2012     1             0           0           4               0           0           1.907       0.00     5.30
 2013     1             0           0           3               0           0           1.860       0.00     5.30
 2014     1             0           0           3               0           0           1.815       0.00     5.30
 2015     1             0           0           3               0           0           1.770       0.00     5.30

 SUB-TOTAL              0           0          54               0           0          31.771       0.00     5.30
 REMAINDER              0           0          54               0           0          31.943       0.00     5.30
 TOTAL                  0           0         108               0           0          63.714       0.00     5.30

 CUMULATIVE             0           0         217    (A) NET GAS VOLUMES ACCOUNT FOR SURFACE LOSSES,
 ULTIMATE               0           0         325        SHRINKAGE FACTOR =  25.60 %
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>     <C>                <C>     <C>               <C>     <C>         <C>
 2001                0           0        13,275            0        13,275           0          41        13,234
 2002                0           0        12,950            0        12,950           0          40        12,910
 2003                0           0        12,632            0        12,632           0          39        12,593
 2004                0           0        12,323            0        12,323           0          39        12,284
 2005                0           0        12,021            0        12,021           0          37        11,984
 2006                0           0        11,727            0        11,727           0          36        11,691
 2007                0           0        11,439            0        11,439           0          36        11,403
 2008                0           0        11,159            0        11,159           0          34        11,125
 2009                0           0        10,885            0        10,885           0          34        10,851
 2010                0           0        10,619            0        10,619           0          33        10,586
 2011                0           0        10,359            0        10,359           0          32        10,327
 2012                0           0        10,105            0        10,105           0          31        10,074
 2013                0           0         9,857            0         9,857           0          31         9,826
 2014                0           0         9,616            0         9,616           0          30         9,586
 2015                0           0         9,380            0         9,380           0          29         9,351

 SUB-TOT             0           0       168,347            0       168,347           0         522       167,825
 REMAIN              0           0       169,249            0       169,249           0         525       168,724
 TOTAL               0           0       337,596            0       337,596           0       1,047       336,549
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>          <C>               <C>         <C>         <C>     <C>            <C>           <C>            <C>
 2001          3,012           0           0           0         3,012         10,222        10,222         9,732
 2002          3,012           0           0           0         3,012          9,898        20,120         8,530
 2003          3,012           0           0           0         3,012          9,581        29,701         7,475
 2004          3,012           0           0           0         3,012          9,272        38,973         6,548
 2005          3,012           0           0           0         3,012          8,972        47,945         5,735
 2006          3,012           0           0           0         3,012          8,679        56,624         5,022
 2007          3,012           0           0           0         3,012          8,391        65,015         4,396
 2008          3,012           0           0           0         3,012          8,113        73,128         3,846
 2009          3,012           0           0           0         3,012          7,839        80,967         3,365
 2010          3,012           0           0           0         3,012          7,574        88,541         2,943
 2011          3,012           0           0           0         3,012          7,315        95,856         2,573
 2012          3,012           0           0           0         3,012          7,062       102,918         2,248
 2013          3,012           0           0           0         3,012          6,814       109,732         1,964
 2014          3,012           0           0           0         3,012          6,574       116,306         1,715
 2015          3,012           0           0           0         3,012          6,339       122,645         1,497

 SUBTOT       45,180           0           0           0        45,180        122,645                      67,589
 REMAIN       73,292           0           0           0        73,292         95,432       218,077         9,673
 TOTAL       118,472           0           0           0       118,472        218,077                      77,262

   LIFE OF EVALUATION IS 39.33 YEARS.
   FINAL PRODUCTION RATE: 0.1 MMCF/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

[LOGO OMITTED]  RYDER SCOTT COMPANY
                ---------------------
                PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 136
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>
 REICHEL FIELD, RUSH COUNTY, KANSAS                                                    GAS LEASE
   TENGASCO, INC. - OPERATOR   11-T17S-R17W                                            PROVED
     STEITZ -A- #1   (KANSAS CITY)                                                     PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>         <C>        <C>            <C>
 INITIAL -   1.000000                      0.875000                             5.30        5.00% -       107,254
 FINAL   -   1.000000                      0.875000                             5.30       10.00% -        84,725
 REMARKS -                                                                                 15.00% -        69,392
                                                                                           20.00% -        58,484
                                                                                           25.00% -        50,420
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF (A)   $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>       <C>               <C>         <C>        <C>          <C>      <C>
 2001     1             0           0           7               0           0           4.493       0.00     5.30
 2002     1             0           0           6               0           0           4.237       0.00     5.30
 2003     1             0           0           7               0           0           3.996       0.00     5.30
 2004     1             0           0           5               0           0           3.768       0.00     5.30
 2005     1             0           0           6               0           0           3.553       0.00     5.30
 2006     1             0           0           5               0           0           3.350       0.00     5.30
 2007     1             0           0           5               0           0           3.160       0.00     5.30
 2008     1             0           0           4               0           0           2.979       0.00     5.30
 2009     1             0           0           5               0           0           2.810       0.00     5.30
 2010     1             0           0           4               0           0           2.649       0.00     5.30
 2011     1             0           0           4               0           0           2.498       0.00     5.30
 2012     1             0           0           3               0           0           2.356       0.00     5.30
 2013     1             0           0           4               0           0           2.222       0.00     5.30
 2014     1             0           0           3               0           0           2.095       0.00     5.30
 2015     1             0           0           3               0           0           1.976       0.00     5.30

 SUB-TOTAL              0           0          71               0           0          46.142       0.00     5.30
 REMAINDER              0           0          14               0           0           9.132       0.00     5.30
 TOTAL                  0           0          85               0           0          55.274       0.00     5.30

 CUMULATIVE             0           0         287    (A) NET GAS VOLUMES ACCOUNT FOR SURFACE LOSSES,
 ULTIMATE               0           0         372        SHRINKAGE FACTOR =  25.60 %
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>     <C>                <C>     <C>               <C>       <C>       <C>
 2001                0           0        23,807            0        23,807           0          74        23,733
 2002                0           0        22,450            0        22,450           0          69        22,381
 2003                0           0        21,170            0        21,170           0          66        21,104
 2004                0           0        19,963            0        19,963           0          62        19,901
 2005                0           0        18,826            0        18,826           0          58        18,768
 2006                0           0        17,752            0        17,752           0          55        17,697
 2007                0           0        16,741            0        16,741           0          52        16,689
 2008                0           0        15,786            0        15,786           0          49        15,737
 2009                0           0        14,887            0        14,887           0          46        14,841
 2010                0           0        14,038            0        14,038           0          44        13,994
 2011                0           0        13,237            0        13,237           0          41        13,196
 2012                0           0        12,484            0        12,484           0          39        12,445
 2013                0           0        11,771            0        11,771           0          36        11,735
 2014                0           0        11,101            0        11,101           0          34        11,067
 2015                0           0        10,468            0        10,468           0          33        10,435

 SUB-TOT             0           0       244,481            0       244,481           0         758       243,723
 REMAIN              0           0        48,388            0        48,388           0         150        48,238
 TOTAL               0           0       292,869            0       292,869           0         908       291,961
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>          <C>               <C>         <C>         <C>     <C>            <C>           <C>            <C>
 2001          7,284           0           0           0         7,284         16,449        16,449        15,667
 2002          7,284           0           0           0         7,284         15,097        31,546        13,017
 2003          7,284           0           0           0         7,284         13,820        45,366        10,787
 2004          7,284           0           0           0         7,284         12,617        57,983         8,914
 2005          7,284           0           0           0         7,284         11,484        69,467         7,345
 2006          7,284           0           0           0         7,284         10,413        79,880         6,029
 2007          7,284           0           0           0         7,284          9,405        89,285         4,929
 2008          7,284           0           0           0         7,284          8,453        97,738         4,011
 2009          7,284           0           0           0         7,284          7,557       105,295         3,246
 2010          7,284           0           0           0         7,284          6,710       112,005         2,609
 2011          7,284           0           0           0         7,284          5,912       117,917         2,080
 2012          7,284           0           0           0         7,284          5,161       123,078         1,645
 2013          7,284           0           0           0         7,284          4,451       127,529         1,284
 2014          7,284           0           0           0         7,284          3,783       131,312           988
 2015          7,284           0           0           0         7,284          3,151       134,463           745

 SUBTOT      109,260           0           0           0       109,260        134,463                      83,296
 REMAIN       40,669           0           0           0        40,669          7,569       142,032         1,429
 TOTAL       149,929           0           0           0       149,929        142,032                      84,725

   LIFE OF EVALUATION IS 20.58 YEARS.
   FINAL PRODUCTION RATE: 0.2 MMCF/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

[LOGO OMITTED]  RYDER SCOTT COMPANY
                ---------------------
                PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 137
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>
 REICHEL FIELD, RUSH COUNTY, KANSAS                                                    GAS LEASE
   TENGASCO, INC. - OPERATOR   14-T17S-R17W                                            PROVED
     STEITZ -B- #1   (TOPEKA)                                                          PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>         <C>        <C>             <C>
 INITIAL -   1.000000                      0.820313                             5.30        5.00% -        64,707
 FINAL   -   1.000000                      0.820313                             5.30       10.00% -        51,478
 REMARKS -                                                                                 15.00% -        42,377
                                                                                           20.00% -        35,849
                                                                                           25.00% -        30,991
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF (A)   $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>       <C>               <C>         <C>        <C>          <C>      <C>
 2001     1             0           0           4               0           0           2.711       0.00     5.30
 2002     1             0           0           5               0           0           2.542       0.00     5.30
 2003     1             0           0           4               0           0           2.383       0.00     5.30
 2004     1             0           0           3               0           0           2.234       0.00     5.30
 2005     1             0           0           4               0           0           2.095       0.00     5.30
 2006     1             0           0           3               0           0           1.964       0.00     5.30
 2007     1             0           0           3               0           0           1.842       0.00     5.30
 2008     1             0           0           3               0           0           1.727       0.00     5.30
 2009     1             0           0           2               0           0           1.619       0.00     5.30
 2010     1             0           0           3               0           0           1.518       0.00     5.30
 2011     1             0           0           2               0           0           1.423       0.00     5.30
 2012     1             0           0           2               0           0           1.334       0.00     5.30
 2013     1             0           0           2               0           0           1.251       0.00     5.30
 2014     1             0           0           2               0           0           1.173       0.00     5.30
 2015     1             0           0           2               0           0           1.100       0.00     5.30

 SUB-TOTAL              0           0          44               0           0          26.916       0.00     5.30
 REMAINDER              0           0           8               0           0           4.552       0.00     5.30
 TOTAL                  0           0          52               0           0          31.468       0.00     5.30

 CUMULATIVE             0           0         344    (A) NET GAS VOLUMES ACCOUNT FOR SURFACE LOSSES,
 ULTIMATE               0           0         396        SHRINKAGE FACTOR =  25.60 %
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>     <C>                <C>     <C>               <C>       <C>       <C>
 2001                0           0        14,363            0        14,363           0          45        14,318
 2002                0           0        13,468            0        13,468           0          41        13,427
 2003                0           0        12,627            0        12,627           0          39        12,588
 2004                0           0        11,838            0        11,838           0          37        11,801
 2005                0           0        11,101            0        11,101           0          35        11,066
 2006                0           0        10,407            0        10,407           0          32        10,375
 2007                0           0         9,758            0         9,758           0          30         9,728
 2008                0           0         9,149            0         9,149           0          28         9,121
 2009                0           0         8,579            0         8,579           0          27         8,552
 2010                0           0         8,043            0         8,043           0          25         8,018
 2011                0           0         7,541            0         7,541           0          23         7,518
 2012                0           0         7,070            0         7,070           0          22         7,048
 2013                0           0         6,630            0         6,630           0          21         6,609
 2014                0           0         6,215            0         6,215           0          19         6,196
 2015                0           0         5,828            0         5,828           0          18         5,810

 SUB-TOT             0           0       142,617            0       142,617           0         442       142,175
 REMAIN              0           0        24,118            0        24,118           0          75        24,043
 TOTAL               0           0       166,735            0       166,735           0         517       166,218
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>           <C>              <C>         <C>         <C>      <C>            <C>           <C>           <C>
 2001          4,068           0           0           0         4,068         10,250        10,250         9,763
 2002          4,068           0           0           0         4,068          9,359        19,609         8,070
 2003          4,068           0           0           0         4,068          8,520        28,129         6,650
 2004          4,068           0           0           0         4,068          7,733        35,862         5,464
 2005          4,068           0           0           0         4,068          6,998        42,860         4,476
 2006          4,068           0           0           0         4,068          6,307        49,167         3,652
 2007          4,068           0           0           0         4,068          5,660        54,827         2,967
 2008          4,068           0           0           0         4,068          5,053        59,880         2,397
 2009          4,068           0           0           0         4,068          4,484        64,364         1,926
 2010          4,068           0           0           0         4,068          3,950        68,314         1,536
 2011          4,068           0           0           0         4,068          3,450        71,764         1,215
 2012          4,068           0           0           0         4,068          2,980        74,744           949
 2013          4,068           0           0           0         4,068          2,541        77,285           734
 2014          4,068           0           0           0         4,068          2,128        79,413           555
 2015          4,068           0           0           0         4,068          1,742        81,155           412

 SUBTOT       61,020           0           0           0        61,020         81,155                      50,766
 REMAIN       20,340           0           0           0        20,340          3,703        84,858           712
 TOTAL        81,360           0           0           0        81,360         84,858                      51,478

   LIFE OF EVALUATION IS 20.00 YEARS.
   FINAL PRODUCTION RATE: 0.1 MMCF/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

[LOGO OMITTED]  RYDER SCOTT COMPANY
                ---------------------
                PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 138
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>
 REICHEL FIELD, RUSH COUNTY, KANSAS                                                    GAS LEASE
   TENGASCO, INC. - OPERATOR   14-T17S-R17W                                            PROVED
     THIELENHAUS #1   (TOPEKA)                                                         PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>         <C>        <C>             <C>
 INITIAL -   1.000000                      0.875000                             5.30        5.00% -        83,759
 FINAL   -   1.000000                      0.875000                             5.30       10.00% -        66,662
 REMARKS -                                                                                 15.00% -        54,961
                                                                                           20.00% -        46,585
                                                                                           25.00% -        40,353
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF (A)   $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>     <C>                 <C>         <C>        <C>          <C>      <C>
 2001     1             0           0           5               0           0           3.144       0.00     5.30
 2002     1             0           0           4               0           0           2.897       0.00     5.30
 2003     1             0           0           4               0           0           2.669       0.00     5.30
 2004     1             0           0           4               0           0           2.459       0.00     5.30
 2005     1             0           0           4               0           0           2.265       0.00     5.30
 2006     1             0           0           3               0           0           2.087       0.00     5.30
 2007     1             0           0           3               0           0           1.923       0.00     5.30
 2008     1             0           0           3               0           0           1.771       0.00     5.30
 2009     1             0           0           2               0           0           1.632       0.00     5.30
 2010     1             0           0           2               0           0           1.504       0.00     5.30
 2011     1             0           0           2               0           0           1.385       0.00     5.30
 2012     1             0           0           2               0           0           1.276       0.00     5.30
 2013     1             0           0           2               0           0           1.176       0.00     5.30
 2014     1             0           0           2               0           0           1.083       0.00     5.30
 2015     1             0           0           1               0           0           0.998       0.00     5.30

 SUB-TOTAL              0           0          43               0           0          28.269       0.00     5.30
 REMAINDER              0           0           8               0           0           4.731       0.00     5.30
 TOTAL                  0           0          51               0           0          33.000       0.00     5.30

 CUMULATIVE             0           0       1,561    (A) NET GAS VOLUMES ACCOUNT FOR SURFACE LOSSES,
 ULTIMATE               0           0       1,612        SHRINKAGE FACTOR =  25.60 %
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>     <C>                <C>     <C>               <C>       <C>       <C>
 2001                0           0        16,659            0        16,659           0          52        16,607
 2002                0           0        15,349            0        15,349           0          47        15,302
 2003                0           0        14,140            0        14,140           0          44        14,096
 2004                0           0        13,027            0        13,027           0          40        12,987
 2005                0           0        12,003            0        12,003           0          38        11,965
 2006                0           0        11,057            0        11,057           0          34        11,023
 2007                0           0        10,188            0        10,188           0          32        10,156
 2008                0           0         9,385            0         9,385           0          29         9,356
 2009                0           0         8,647            0         8,647           0          26         8,621
 2010                0           0         7,967            0         7,967           0          25         7,942
 2011                0           0         7,339            0         7,339           0          23         7,316
 2012                0           0         6,762            0         6,762           0          21         6,741
 2013                0           0         6,230            0         6,230           0          19         6,211
 2014                0           0         5,739            0         5,739           0          18         5,721
 2015                0           0         5,288            0         5,288           0          16         5,272

 SUB-TOT             0           0       149,780            0       149,780           0         464       149,316
 REMAIN              0           0        25,068            0        25,068           0          78        24,990
 TOTAL               0           0       174,848            0       174,848           0         542       174,306
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>           <C>              <C>         <C>         <C>      <C>           <C>           <C>            <C>
 2001          3,012           0           0           0         3,012         13,595        13,595        12,951
 2002          3,012           0           0           0         3,012         12,290        25,885        10,598
 2003          3,012           0           0           0         3,012         11,084        36,969         8,652
 2004          3,012           0           0           0         3,012          9,975        46,944         7,048
 2005          3,012           0           0           0         3,012          8,953        55,897         5,727
 2006          3,012           0           0           0         3,012          8,011        63,908         4,639
 2007          3,012           0           0           0         3,012          7,144        71,052         3,744
 2008          3,012           0           0           0         3,012          6,344        77,396         3,011
 2009          3,012           0           0           0         3,012          5,609        83,005         2,409
 2010          3,012           0           0           0         3,012          4,930        87,935         1,917
 2011          3,012           0           0           0         3,012          4,304        92,239         1,515
 2012          3,012           0           0           0         3,012          3,729        95,968         1,188
 2013          3,012           0           0           0         3,012          3,199        99,167           923
 2014          3,012           0           0           0         3,012          2,709       101,876           708
 2015          3,012           0           0           0         3,012          2,260       104,136           534

 SUBTOT       45,180           0           0           0        45,180        104,136                      65,564
 REMAIN       19,076           0           0           0        19,076          5,914       110,050         1,098
 TOTAL        64,256           0           0           0        64,256        110,050                      66,662

   LIFE OF EVALUATION IS 21.33 YEARS.
   FINAL PRODUCTION RATE: 0.1 MMCF/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

[LOGO OMITTED]  RYDER SCOTT COMPANY
                ---------------------
                PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 139
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>
 REICHEL FIELD, RUSH COUNTY, KANSAS                                                    GAS LEASE
   TENGASCO, INC. - OPERATOR   14-T17S-R17W                                            PROVED
     THIELENHAUS #1 BP   (TOPEKA)                                                      BEHIND PIPE


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>         <C>        <C>            <C>
 INITIAL -   1.000000                      0.875000                             5.30        5.00% -       375,070
 FINAL   -   1.000000                      0.875000                             5.30       10.00% -       317,217
 REMARKS -                                                                                 15.00% -       272,900
                                                                                           20.00% -       238,326
                                                                                           25.00% -       210,877
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF (A)   $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>       <C>               <C>         <C>        <C>          <C>      <C>
 2001     1             0           0          29               0           0          18.596       0.00     5.30
 2002     1             0           0          20               0           0          13.320       0.00     5.30
 2003     1             0           0          18               0           0          11.621       0.00     5.30
 2004     1             0           0          15               0           0          10.139       0.00     5.30
 2005     1             0           0          14               0           0           8.845       0.00     5.30
 2006     1             0           0          12               0           0           7.717       0.00     5.30
 2007     1             0           0          10               0           0           6.733       0.00     5.30
 2008     1             0           0           9               0           0           5.874       0.00     5.30
 2009     1             0           0           8               0           0           5.125       0.00     5.30
 2010     1             0           0           7               0           0           4.471       0.00     5.30
 2011     1             0           0           3               0           0           1.954       0.00     5.30
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0         145               0           0          94.395       0.00     5.30
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0         145               0           0          94.395       0.00     5.30

 CUMULATIVE             0           0           0    (A) NET GAS VOLUMES ACCOUNT FOR SURFACE LOSSES,
 ULTIMATE               0           0         145        SHRINKAGE FACTOR =  25.60 %
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>     <C>                <C>     <C>               <C>     <C>         <C>
 2001                0           0        98,531            0        98,531           0         305        98,226
 2002                0           0        70,574            0        70,574           0         219        70,355
 2003                0           0        61,573            0        61,573           0         191        61,382
 2004                0           0        53,719            0        53,719           0         167        53,552
 2005                0           0        46,867            0        46,867           0         145        46,722
 2006                0           0        40,889            0        40,889           0         127        40,762
 2007                0           0        35,674            0        35,674           0         110        35,564
 2008                0           0        31,123            0        31,123           0          97        31,026
 2009                0           0        27,154            0        27,154           0          84        27,070
 2010                0           0        23,690            0        23,690           0          73        23,617
 2011                0           0        10,354            0        10,354           0          32        10,322
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT             0           0       500,148            0       500,148           0       1,550       498,598
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0       500,148            0       500,148           0       1,550       498,598
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>           <C>              <C>    <C>              <C>      <C>           <C>           <C>           <C>
 2001          3,012           0      15,000           0        18,012         80,214        80,214        76,081
 2002          3,012           0           0           0         3,012         67,343       147,557        58,090
 2003          3,012           0           0           0         3,012         58,370       205,927        45,578
 2004          3,012           0           0           0         3,012         50,540       256,467        35,724
 2005          3,012           0           0           0         3,012         43,710       300,177        27,968
 2006          3,012           0           0           0         3,012         37,750       337,927        21,865
 2007          3,012           0           0           0         3,012         32,552       370,479        17,067
 2008          3,012           0           0           0         3,012         28,014       398,493        13,296
 2009          3,012           0           0           0         3,012         24,058       422,551        10,337
 2010          3,012           0           0           0         3,012         20,605       443,156         8,014
 2011          1,458           0           0           0         1,458          8,864       452,020         3,197
 2012              0           0           0           0             0              0       452,020             0
 2013              0           0           0           0             0              0       452,020             0
 2014              0           0           0           0             0              0       452,020             0
 2015              0           0           0           0             0              0       452,020             0

 SUBTOT       31,578           0      15,000           0        46,578        452,020                     317,217
 REMAIN            0           0           0           0             0              0       452,020             0
 TOTAL        31,578           0      15,000           0        46,578        452,020                     317,217

   LIFE OF EVALUATION IS 10.48 YEARS.
   FINAL PRODUCTION RATE: 0.5 MMCF/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

[LOGO OMITTED]  RYDER SCOTT COMPANY
                ---------------------
                PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 140
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>
 REICHEL FIELD, RUSH COUNTY, KANSAS                                                    GAS LEASE
   TENGASCO, INC. - OPERATOR   19-T16S-R17W                                            PROVED
     TORREY #2   (KSSC-LNSG)                                                           PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>         <C>        <C>            <C>
 INITIAL -   1.000000                      0.861328                             5.30        5.00% -       416,331
 FINAL   -   1.000000                      0.861328                             5.30       10.00% -       294,907
 REMARKS -                                                                                 15.00% -       226,903
                                                                                           20.00% -       184,106
                                                                                           25.00% -       154,862
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF (A)   $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>     <C>                 <C>         <C>       <C>           <C>      <C>
 2001     1             0           0          15               0           0           9.842       0.00     5.30
 2002     1             0           0          15               0           0           9.350       0.00     5.30
 2003     1             0           0          14               0           0           8.883       0.00     5.30
 2004     1             0           0          13               0           0           8.439       0.00     5.30
 2005     1             0           0          12               0           0           8.017       0.00     5.30
 2006     1             0           0          12               0           0           7.616       0.00     5.30
 2007     1             0           0          12               0           0           7.235       0.00     5.30
 2008     1             0           0          10               0           0           6.873       0.00     5.30
 2009     1             0           0          11               0           0           6.530       0.00     5.30
 2010     1             0           0           9               0           0           6.203       0.00     5.30
 2011     1             0           0           9               0           0           5.893       0.00     5.30
 2012     1             0           0           9               0           0           5.598       0.00     5.30
 2013     1             0           0           8               0           0           5.318       0.00     5.30
 2014     1             0           0           8               0           0           5.052       0.00     5.30
 2015     1             0           0           8               0           0           4.800       0.00     5.30

 SUB-TOTAL              0           0         165               0           0         105.649       0.00     5.30
 REMAINDER              0           0         101               0           0          65.020       0.00     5.30
 TOTAL                  0           0         266               0           0         170.669       0.00     5.30

 CUMULATIVE             0           0       2,861    (A) NET GAS VOLUMES ACCOUNT FOR SURFACE LOSSES,
 ULTIMATE               0           0       3,127        SHRINKAGE FACTOR =  25.60 %
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>     <C>                <C>     <C>               <C>     <C>         <C>
 2001                0           0        52,149            0        52,149           0         162        51,987
 2002                0           0        49,542            0        49,542           0         153        49,389
 2003                0           0        47,065            0        47,065           0         146        46,919
 2004                0           0        44,711            0        44,711           0         139        44,572
 2005                0           0        42,476            0        42,476           0         131        42,345
 2006                0           0        40,352            0        40,352           0         126        40,226
 2007                0           0        38,335            0        38,335           0         118        38,217
 2008                0           0        36,418            0        36,418           0         113        36,305
 2009                0           0        34,596            0        34,596           0         107        34,489
 2010                0           0        32,867            0        32,867           0         102        32,765
 2011                0           0        31,224            0        31,224           0          97        31,127
 2012                0           0        29,663            0        29,663           0          92        29,571
 2013                0           0        28,179            0        28,179           0          87        28,092
 2014                0           0        26,770            0        26,770           0          83        26,687
 2015                0           0        25,432            0        25,432           0          79        25,353

 SUB-TOT             0           0       559,779            0       559,779           0       1,735       558,044
 REMAIN              0           0       344,507            0       344,507           0       1,068       343,439
 TOTAL               0           0       904,286            0       904,286           0       2,803       901,483
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>          <C>               <C>         <C>         <C>     <C>            <C>           <C>           <C>
 2001          5,856           0           0           0         5,856         46,131        46,131        43,929
 2002          5,856           0           0           0         5,856         43,533        89,664        37,526
 2003          5,856           0           0           0         5,856         41,063       130,727        32,042
 2004          5,856           0           0           0         5,856         38,716       169,443        27,347
 2005          5,856           0           0           0         5,856         36,489       205,932        23,330
 2006          5,856           0           0           0         5,856         34,370       240,302        19,893
 2007          5,856           0           0           0         5,856         32,361       272,663        16,955
 2008          5,856           0           0           0         5,856         30,449       303,112        14,441
 2009          5,856           0           0           0         5,856         28,633       331,745        12,293
 2010          5,856           0           0           0         5,856         26,909       358,654        10,457
 2011          5,856           0           0           0         5,856         25,271       383,925         8,891
 2012          5,856           0           0           0         5,856         23,715       407,640         7,552
 2013          5,856           0           0           0         5,856         22,236       429,876         6,409
 2014          5,856           0           0           0         5,856         20,831       450,707         5,436
 2015          5,856           0           0           0         5,856         19,497       470,204         4,606

 SUBTOT       87,840           0           0           0        87,840        470,204                     271,107
 REMAIN      142,496           0           0           0       142,496        200,943       671,147        23,800
 TOTAL       230,336           0           0           0       230,336        671,147                     294,907

   LIFE OF EVALUATION IS 39.33 YEARS.
   FINAL PRODUCTION RATE: 0.2 MMCF/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

[LOGO OMITTED]  RYDER SCOTT COMPANY
                ---------------------
                PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 141
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>
 REICHEL FIELD, RUSH COUNTY, KANSAS                                                    GAS LEASE
   TENGASCO INC - OPERATOR   20-T16S-R17W                                              PROVED
     URBAN R & A #1   (WABAUNSEE)                                                      PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>         <C>        <C>              <C>
 INITIAL -   1.000000                      0.875000                             5.30        5.00% -         8,055
 FINAL   -   1.000000                      0.875000                             5.30       10.00% -         7,097
 REMARKS -                                                                                 15.00% -         6,316
                                                                                           20.00% -         5,675
                                                                                           25.00% -         5,141
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF (A)   $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>        <C>              <C>         <C>         <C>         <C>      <C>
 2001     1             0           0           1               0           0           0.420       0.00     5.30
 2002     1             0           0           0               0           0           0.336       0.00     5.30
 2003     1             0           0           1               0           0           0.269       0.00     5.30
 2004     1             0           0           0               0           0           0.215       0.00     5.30
 2005     1             0           0           0               0           0           0.172       0.00     5.30
 2006     1             0           0           0               0           0           0.138       0.00     5.30
 2007     1             0           0           1               0           0           0.110       0.00     5.30
 2008     1             0           0           0               0           0           0.088       0.00     5.30
 2009     1             0           0           0               0           0           0.002       0.00     5.30
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           3               0           0           1.750       0.00     5.30
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           3               0           0           1.750       0.00     5.30

 CUMULATIVE             0           0          71    (A) NET GAS VOLUMES ACCOUNT FOR SURFACE LOSSES,
 ULTIMATE               0           0          74        SHRINKAGE FACTOR =  25.60 %
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>       <C>              <C>       <C>             <C>        <C>        <C>
 2001                0           0         2,226            0         2,226           0           7         2,219
 2002                0           0         1,781            0         1,781           0           5         1,776
 2003                0           0         1,424            0         1,424           0           5         1,419
 2004                0           0         1,140            0         1,140           0           3         1,137
 2005                0           0           912            0           912           0           3           909
 2006                0           0           729            0           729           0           2           727
 2007                0           0           584            0           584           0           2           582
 2008                0           0           466            0           466           0           2           464
 2009                0           0            13            0            13           0           0            13
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT             0           0         9,275            0         9,275           0          29         9,246
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0         9,275            0         9,275           0          29         9,246
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>        <C>           <C>           <C>
 2001              0           0           0           0             0          2,219         2,219         2,116
 2002              0           0           0           0             0          1,776         3,995         1,533
 2003              0           0           0           0             0          1,419         5,414         1,109
 2004              0           0           0           0             0          1,137         6,551           804
 2005              0           0           0           0             0            909         7,460           582
 2006              0           0           0           0             0            727         8,187           421
 2007              0           0           0           0             0            582         8,769           305
 2008              0           0           0           0             0            464         9,233           221
 2009              0           0           0           0             0             13         9,246             6
 2010              0           0           0           0             0              0         9,246             0
 2011              0           0           0           0             0              0         9,246             0
 2012              0           0           0           0             0              0         9,246             0
 2013              0           0           0           0             0              0         9,246             0
 2014              0           0           0           0             0              0         9,246             0
 2015              0           0           0           0             0              0         9,246             0

 SUBTOT            0           0           0           0             0          9,246                       7,097
 REMAIN            0           0           0           0             0              0         9,246             0
 TOTAL             0           0           0           0             0          9,246                       7,097

   LIFE OF EVALUATION IS 8.03 YEARS.
   FINAL PRODUCTION RATE: 0.0 MMCF/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

[LOGO OMITTED]  RYDER SCOTT COMPANY
                ---------------------
                PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 142
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>
 REICHEL EAST FIELD, RUSH COUNTY, KANSAS                                               GAS LEASE
   TENGASCO, INC. - OPERATOR   35-T17S-R18W                                            PROVED
     BAHR #1   (KSSC-LNSG)                                                             PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>         <C>        <C>            <C>
 INITIAL -   1.000000                      0.875000                             5.30        5.00% -       149,662
 FINAL   -   1.000000                      0.875000                             5.30       10.00% -        99,687
 REMARKS -                                                                                 15.00% -        73,824
                                                                                           20.00% -        58,460
                                                                                           25.00% -        48,377
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF (A)   $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>       <C>               <C>         <C>        <C>          <C>      <C>
 2001     1             0           0           5               0           0           3.120       0.00     5.30
 2002     1             0           0           4               0           0           3.033       0.00     5.30
 2003     1             0           0           5               0           0           2.948       0.00     5.30
 2004     1             0           0           4               0           0           2.865       0.00     5.30
 2005     1             0           0           5               0           0           2.785       0.00     5.30
 2006     1             0           0           4               0           0           2.707       0.00     5.30
 2007     1             0           0           4               0           0           2.631       0.00     5.30
 2008     1             0           0           4               0           0           2.558       0.00     5.30
 2009     1             0           0           4               0           0           2.486       0.00     5.30
 2010     1             0           0           3               0           0           2.416       0.00     5.30
 2011     1             0           0           4               0           0           2.349       0.00     5.30
 2012     1             0           0           3               0           0           2.283       0.00     5.30
 2013     1             0           0           4               0           0           2.219       0.00     5.30
 2014     1             0           0           3               0           0           2.157       0.00     5.30
 2015     1             0           0           3               0           0           2.097       0.00     5.30

 SUB-TOTAL              0           0          59               0           0          38.654       0.00     5.30
 REMAINDER              0           0          49               0           0          31.501       0.00     5.30
 TOTAL                  0           0         108               0           0          70.155       0.00     5.30

 CUMULATIVE             0           0         132    (A) NET GAS VOLUMES ACCOUNT FOR SURFACE LOSSES,
 ULTIMATE               0           0         240        SHRINKAGE FACTOR =  25.60 %
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>     <C>                <C>     <C>               <C>     <C>         <C>
 2001                0           0        16,532            0        16,532           0          51        16,481
 2002                0           0        16,069            0        16,069           0          50        16,019
 2003                0           0        15,619            0        15,619           0          48        15,571
 2004                0           0        15,182            0        15,182           0          48        15,134
 2005                0           0        14,757            0        14,757           0          45        14,712
 2006                0           0        14,343            0        14,343           0          45        14,298
 2007                0           0        13,942            0        13,942           0          43        13,899
 2008                0           0        13,551            0        13,551           0          42        13,509
 2009                0           0        13,172            0        13,172           0          41        13,131
 2010                0           0        12,804            0        12,804           0          40        12,764
 2011                0           0        12,444            0        12,444           0          38        12,406
 2012                0           0        12,097            0        12,097           0          38        12,059
 2013                0           0        11,757            0        11,757           0          36        11,721
 2014                0           0        11,429            0        11,429           0          35        11,394
 2015                0           0        11,108            0        11,108           0          35        11,073

 SUB-TOT             0           0       204,806            0       204,806           0         635       204,171
 REMAIN              0           0       166,909            0       166,909           0         517       166,392
 TOTAL               0           0       371,715            0       371,715           0       1,152       370,563
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>          <C>               <C>         <C>         <C>     <C>            <C>           <C>            <C>
 2001          3,024           0           0           0         3,024         13,457        13,457        12,812
 2002          3,024           0           0           0         3,024         12,995        26,452        11,200
 2003          3,024           0           0           0         3,024         12,547        38,999         9,789
 2004          3,024           0           0           0         3,024         12,110        51,109         8,552
 2005          3,024           0           0           0         3,024         11,688        62,797         7,471
 2006          3,024           0           0           0         3,024         11,274        74,071         6,524
 2007          3,024           0           0           0         3,024         10,875        84,946         5,697
 2008          3,024           0           0           0         3,024         10,485        95,431         4,972
 2009          3,024           0           0           0         3,024         10,107       105,538         4,338
 2010          3,024           0           0           0         3,024          9,740       115,278         3,784
 2011          3,024           0           0           0         3,024          9,382       124,660         3,300
 2012          3,024           0           0           0         3,024          9,035       133,695         2,877
 2013          3,024           0           0           0         3,024          8,697       142,392         2,506
 2014          3,024           0           0           0         3,024          8,370       150,762         2,184
 2015          3,024           0           0           0         3,024          8,049       158,811         1,901

 SUBTOT       45,360           0           0           0        45,360        158,811                      87,907
 REMAIN       60,385           0           0           0        60,385        106,007       264,818        11,780
 TOTAL       105,745           0           0           0       105,745        264,818                      99,687

   LIFE OF EVALUATION IS 34.97 YEARS.
   FINAL PRODUCTION RATE: 0.2 MMCF/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

[LOGO OMITTED]  RYDER SCOTT COMPANY
                ---------------------
                PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 143
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>
 REICHEL WEST FIELD, RUSH COUNTY, KANSAS                                               GAS LEASE
   TENGASCO, INC. - OPERATOR   11-T17S-R18W                                            PROVED
     LEGLEITER -A- #1   (CHASE)                                                        PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>         <C>        <C>            <C>
 INITIAL -   1.000000                      0.738281                             5.30        5.00% -       345,404
 FINAL   -   1.000000                      0.738281                             5.30       10.00% -       233,583
 REMARKS -                                                                                 15.00% -       174,909
                                                                                           20.00% -       139,528
                                                                                           25.00% -       116,027
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF (A)   $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>       <C>               <C>         <C>       <C>           <C>      <C>
 2001     1             0           0          14               0           0           7.791       0.00     5.30
 2002     1             0           0          14               0           0           7.542       0.00     5.30
 2003     1             0           0          13               0           0           7.300       0.00     5.30
 2004     1             0           0          13               0           0           7.067       0.00     5.30
 2005     1             0           0          13               0           0           6.840       0.00     5.30
 2006     1             0           0          12               0           0           6.622       0.00     5.30
 2007     1             0           0          11               0           0           6.410       0.00     5.30
 2008     1             0           0          12               0           0           6.205       0.00     5.30
 2009     1             0           0          10               0           0           6.006       0.00     5.30
 2010     1             0           0          11               0           0           5.814       0.00     5.30
 2011     1             0           0          10               0           0           5.628       0.00     5.30
 2012     1             0           0          10               0           0           5.448       0.00     5.30
 2013     1             0           0          10               0           0           5.273       0.00     5.30
 2014     1             0           0           9               0           0           5.105       0.00     5.30
 2015     1             0           0           9               0           0           4.941       0.00     5.30

 SUB-TOTAL              0           0         171               0           0          93.992       0.00     5.30
 REMAINDER              0           0         149               0           0          81.731       0.00     5.30
 TOTAL                  0           0         320               0           0         175.723       0.00     5.30

 CUMULATIVE             0           0         236    (A) NET GAS VOLUMES ACCOUNT FOR SURFACE LOSSES,
 ULTIMATE               0           0         556        SHRINKAGE FACTOR =  25.60 %
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>     <C>                <C>     <C>               <C>     <C>         <C>
 2001                0           0        41,280            0        41,280           0         128        41,152
 2002                0           0        39,958            0        39,958           0         124        39,834
 2003                0           0        38,680            0        38,680           0         120        38,560
 2004                0           0        37,442            0        37,442           0         116        37,326
 2005                0           0        36,245            0        36,245           0         112        36,133
 2006                0           0        35,084            0        35,084           0         109        34,975
 2007                0           0        33,961            0        33,961           0         105        33,856
 2008                0           0        32,875            0        32,875           0         102        32,773
 2009                0           0        31,823            0        31,823           0          99        31,724
 2010                0           0        30,804            0        30,804           0          95        30,709
 2011                0           0        29,819            0        29,819           0          93        29,726
 2012                0           0        28,865            0        28,865           0          89        28,776
 2013                0           0        27,940            0        27,940           0          87        27,853
 2014                0           0        27,047            0        27,047           0          84        26,963
 2015                0           0        26,181            0        26,181           0          81        26,100

 SUB-TOT             0           0       498,004            0       498,004           0       1,544       496,460
 REMAIN              0           0       433,048            0       433,048           0       1,342       431,706
 TOTAL               0           0       931,052            0       931,052           0       2,886       928,166
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>          <C>               <C>         <C>         <C>     <C>            <C>           <C>           <C>
 2001          8,256           0           0           0         8,256         32,896        32,896        31,321
 2002          8,256           0           0           0         8,256         31,578        64,474        27,217
 2003          8,256           0           0           0         8,256         30,304        94,778        23,643
 2004          8,256           0           0           0         8,256         29,070       123,848        20,531
 2005          8,256           0           0           0         8,256         27,877       151,725        17,822
 2006          8,256           0           0           0         8,256         26,719       178,444        15,462
 2007          8,256           0           0           0         8,256         25,600       204,044        13,411
 2008          8,256           0           0           0         8,256         24,517       228,561        11,626
 2009          8,256           0           0           0         8,256         23,468       252,029        10,073
 2010          8,256           0           0           0         8,256         22,453       274,482         8,725
 2011          8,256           0           0           0         8,256         21,470       295,952         7,552
 2012          8,256           0           0           0         8,256         20,520       316,472         6,533
 2013          8,256           0           0           0         8,256         19,597       336,069         5,649
 2014          8,256           0           0           0         8,256         18,707       354,776         4,880
 2015          8,256           0           0           0         8,256         17,844       372,620         4,215

 SUBTOT      123,840           0           0           0       123,840        372,620                     208,660
 REMAIN      200,896           0           0           0       200,896        230,810       603,430        24,923
 TOTAL       324,736           0           0           0       324,736        603,430                     233,583

   LIFE OF EVALUATION IS 39.33 YEARS.
   FINAL PRODUCTION RATE: 0.3 MMCF/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

[LOGO OMITTED]  RYDER SCOTT COMPANY
                ---------------------
                PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 144
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>
 REICHEL WEST FIELD, RUSH COUNTY, KANSAS                                               GAS LEASE
   TENGASCO, INC. - OPERATOR   1-T17S-R18W                                             PROVED
     MUTH #1&2   (CHSE-SHWN)                                                           PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>         <C>        <C>            <C>
 INITIAL -   1.000000                      0.722656                             5.30        5.00% -       601,824
 FINAL   -   1.000000                      0.722656                             5.30       10.00% -       420,634
 REMARKS -                                                                                 15.00% -       320,745
                                                                                           20.00% -       258,648
                                                                                           25.00% -       216,606
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF (A)   $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>     <C>                 <C>         <C>       <C>           <C>      <C>
 2001     2             0           0          27               0           0          14.635       0.00     5.30
 2002     2             0           0          26               0           0          14.050       0.00     5.30
 2003     2             0           0          25               0           0          13.488       0.00     5.30
 2004     2             0           0          25               0           0          12.948       0.00     5.30
 2005     2             0           0          23               0           0          12.430       0.00     5.30
 2006     2             0           0          22               0           0          11.933       0.00     5.30
 2007     2             0           0          21               0           0          11.456       0.00     5.30
 2008     2             0           0          21               0           0          10.998       0.00     5.30
 2009     2             0           0          19               0           0          10.558       0.00     5.30
 2010     2             0           0          19               0           0          10.135       0.00     5.30
 2011     2             0           0          18               0           0           9.730       0.00     5.30
 2012     2             0           0          18               0           0           9.341       0.00     5.30
 2013     2             0           0          16               0           0           8.967       0.00     5.30
 2014     2             0           0          16               0           0           8.609       0.00     5.30
 2015     2             0           0          16               0           0           8.264       0.00     5.30

 SUB-TOTAL              0           0         312               0           0         167.542       0.00     5.30
 REMAINDER              0           0         232               0           0         124.887       0.00     5.30
 TOTAL                  0           0         544               0           0         292.429       0.00     5.30

 CUMULATIVE             0           0         573    (A) NET GAS VOLUMES ACCOUNT FOR SURFACE LOSSES,
 ULTIMATE               0           0       1,117        SHRINKAGE FACTOR =  25.60 %
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>   <C>                  <C>   <C>                 <C>     <C>       <C>
 2001                0           0        77,545            0        77,545           0         240        77,305
 2002                0           0        74,443            0        74,443           0         231        74,212
 2003                0           0        71,466            0        71,466           0         222        71,244
 2004                0           0        68,607            0        68,607           0         212        68,395
 2005                0           0        65,862            0        65,862           0         205        65,657
 2006                0           0        63,228            0        63,228           0         196        63,032
 2007                0           0        60,699            0        60,699           0         188        60,511
 2008                0           0        58,271            0        58,271           0         180        58,091
 2009                0           0        55,940            0        55,940           0         174        55,766
 2010                0           0        53,703            0        53,703           0         166        53,537
 2011                0           0        51,554            0        51,554           0         160        51,394
 2012                0           0        49,493            0        49,493           0         154        49,339
 2013                0           0        47,512            0        47,512           0         147        47,365
 2014                0           0        45,612            0        45,612           0         141        45,471
 2015                0           0        43,788            0        43,788           0         136        43,652

 SUB-TOT             0           0       887,723            0       887,723           0       2,752       884,971
 REMAIN              0           0       661,712            0       661,712           0       2,051       659,661
 TOTAL               0           0     1,549,435            0     1,549,435           0       4,803     1,544,632
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>          <C>               <C>         <C>         <C>     <C>            <C>           <C>           <C>
 2001         14,124           0           0           0        14,124         63,181        63,181        60,162
 2002         14,124           0           0           0        14,124         60,088       123,269        51,793
 2003         14,124           0           0           0        14,124         57,120       180,389        44,568
 2004         14,124           0           0           0        14,124         54,271       234,660        38,331
 2005         14,124           0           0           0        14,124         51,533       286,193        32,948
 2006         14,124           0           0           0        14,124         48,908       335,101        28,306
 2007         14,124           0           0           0        14,124         46,387       381,488        24,302
 2008         14,124           0           0           0        14,124         43,967       425,455        20,851
 2009         14,124           0           0           0        14,124         41,642       467,097        17,877
 2010         14,124           0           0           0        14,124         39,413       506,510        15,316
 2011         14,124           0           0           0        14,124         37,270       543,780        13,110
 2012         14,124           0           0           0        14,124         35,215       578,995        11,214
 2013         14,124           0           0           0        14,124         33,241       612,236         9,581
 2014         14,124           0           0           0        14,124         31,347       643,583         8,180
 2015         14,124           0           0           0        14,124         29,528       673,111         6,974

 SUBTOT      211,860           0           0           0       211,860        673,111                     383,513
 REMAIN      343,684           0           0           0       343,684        315,977       989,088        37,121
 TOTAL       555,544           0           0           0       555,544        989,088                     420,634

   LIFE OF EVALUATION IS 39.33 YEARS.
   FINAL PRODUCTION RATE: 0.5 MMCF/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

[LOGO OMITTED]  RYDER SCOTT COMPANY
                ---------------------
                PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 145
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>
 RIDGEWAY SOUTH FIELD, TREGO COUNTY, KANSAS                                            OIL LEASE
   TENGASCO, INC. - OPERATOR   34-T12S-R21W                                            PROVED
     SCHOENTHALER   (ARBUCKLE)                                                         PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>     <C>            <C>            <C>
 INITIAL -   1.000000  0.820313                         26.46                               5.00% -       237,244
 FINAL   -   1.000000  0.820313                         26.46                              10.00% -       203,406
 REMARKS -                                                                                 15.00% -       177,741
                                                                                           20.00% -       157,781
                                                                                           25.00% -       141,903
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>      <C>              <C>         <C>        <C>              <C>         <C>        <C>       <C>
 2001     1         3,506           0           0           2,876           0           0.000      26.46     0.00
 2002     1         2,749           0           0           2,255           0           0.000      26.46     0.00
 2003     1         2,156           0           0           1,768           0           0.000      26.46     0.00
 2004     1         1,806           0           0           1,482           0           0.000      26.46     0.00
 2005     1         1,626           0           0           1,334           0           0.000      26.46     0.00
 2006     1         1,464           0           0           1,201           0           0.000      26.46     0.00
 2007     1         1,317           0           0           1,080           0           0.000      26.46     0.00
 2008     1         1,185           0           0             973           0           0.000      26.46     0.00
 2009     1         1,067           0           0             875           0           0.000      26.46     0.00
 2010     1           960           0           0             787           0           0.000      26.46     0.00
 2011     1           864           0           0             709           0           0.000      26.46     0.00
 2012     1           778           0           0             638           0           0.000      26.46     0.00
 2013     1           700           0           0             574           0           0.000      26.46     0.00
 2014     1           630           0           0             517           0           0.000      26.46     0.00
 2015     1           431           0           0             353           0           0.000      26.46     0.00

 SUB-TOTAL         21,239           0           0          17,422           0           0.000      26.46     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL             21,239           0           0          17,422           0           0.000      26.46     0.00

 CUMULATIVE        45,249           0           0
 ULTIMATE          66,488           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>            <C>               <C>           <C>          <C>     <C>             <C>           <C>     <C>
 2001           76,107           0             0            0        76,107         122           0        75,985
 2002           59,668           0             0            0        59,668          95           0        59,573
 2003           46,780           0             0            0        46,780          75           0        46,705
 2004           39,216           0             0            0        39,216          63           0        39,153
 2005           35,294           0             0            0        35,294          56           0        35,238
 2006           31,764           0             0            0        31,764          51           0        31,713
 2007           28,588           0             0            0        28,588          46           0        28,542
 2008           25,730           0             0            0        25,730          41           0        25,689
 2009           23,156           0             0            0        23,156          37           0        23,119
 2010           20,841           0             0            0        20,841          33           0        20,808
 2011           18,757           0             0            0        18,757          30           0        18,727
 2012           16,881           0             0            0        16,881          27           0        16,854
 2013           15,192           0             0            0        15,192          25           0        15,167
 2014           13,674           0             0            0        13,674          22           0        13,652
 2015            9,350           0             0            0         9,350          15           0         9,335

 SUB-TOT       460,998           0             0            0       460,998         738           0       460,260
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL         460,998           0             0            0       460,998         738           0       460,260
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>          <C>               <C>         <C>         <C>     <C>            <C>           <C>           <C>
 2001         12,012           0           0           0        12,012         63,973        63,973        61,036
 2002         12,012           0           0           0        12,012         47,561       111,534        41,081
 2003         12,012           0           0           0        12,012         34,693       146,227        27,131
 2004         12,012           0           0           0        12,012         27,141       173,368        19,185
 2005         12,012           0           0           0        12,012         23,226       196,594        14,863
 2006         12,012           0           0           0        12,012         19,701       216,295        11,413
 2007         12,012           0           0           0        12,012         16,530       232,825         8,669
 2008         12,012           0           0           0        12,012         13,677       246,502         6,494
 2009         12,012           0           0           0        12,012         11,107       257,609         4,775
 2010         12,012           0           0           0        12,012          8,796       266,405         3,424
 2011         12,012           0           0           0        12,012          6,715       273,120         2,366
 2012         12,012           0           0           0        12,012          4,842       277,962         1,546
 2013         12,012           0           0           0        12,012          3,155       281,117           913
 2014         12,012           0           0           0        12,012          1,640       282,757           431
 2015          9,009           0           0           0         9,009            326       283,083            79

 SUBTOT      177,177           0           0           0       177,177        283,083                     203,406
 REMAIN            0           0           0           0             0              0       283,083             0
 TOTAL       177,177           0           0           0       177,177        283,083                     203,406

   LIFE OF EVALUATION IS 14.75 YEARS.
   FINAL PRODUCTION RATE: 46 BBLS/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

[LOGO OMITTED]  RYDER SCOTT COMPANY
                ---------------------
                PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 146
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>
 RIGA NORTHEAST FIELD, TREGO COUNTY, KANSAS                                            OIL LEASE
   TENGASCO, INC. - OPERATOR   9-T13S-R21W                                             PROVED
     KELLER   (KSSC-LNSG)                                                              PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>     <C>            <C>             <C>
 INITIAL -   1.000000  0.875000                         26.46                               5.00% -        26,729
 FINAL   -   1.000000  0.875000                         26.46                              10.00% -        22,697
 REMARKS -                                                                                 15.00% -        19,589
                                                                                           20.00% -        17,149
                                                                                           25.00% -        15,202
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>      <C>              <C>         <C>         <C>             <C>         <C>        <C>       <C>
 2001     2           552           0           0             483           0           0.000      26.46     0.00
 2002     2           525           0           0             459           0           0.000      26.46     0.00
 2003     2           500           0           0             438           0           0.000      26.46     0.00
 2004     2           476           0           0             416           0           0.000      26.46     0.00
 2005     2           453           0           0             397           0           0.000      26.46     0.00
 2006     2           432           0           0             377           0           0.000      26.46     0.00
 2007     2           410           0           0             360           0           0.000      26.46     0.00
 2008     2           391           0           0             342           0           0.000      26.46     0.00
 2009     2           373           0           0             326           0           0.000      26.46     0.00
 2010     2           354           0           0             310           0           0.000      26.46     0.00
 2011     2           337           0           0             295           0           0.000      26.46     0.00
 2012     2           321           0           0             281           0           0.000      26.46     0.00
 2013     2            27           0           0              23           0           0.000      26.46     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL          5,151           0           0           4,507           0           0.000      26.46     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL              5,151           0           0           4,507           0           0.000      26.46     0.00

 CUMULATIVE        48,750           0           0
 ULTIMATE          53,901           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>            <C>               <C>           <C>          <C>     <C>             <C>           <C>     <C>
 2001           12,774           0             0            0        12,774          20           0        12,754
 2002           12,160           0             0            0        12,160          20           0        12,140
 2003           11,577           0             0            0        11,577          18           0        11,559
 2004           11,022           0             0            0        11,022          18           0        11,004
 2005           10,492           0             0            0        10,492          17           0        10,475
 2006            9,988           0             0            0         9,988          16           0         9,972
 2007            9,509           0             0            0         9,509          15           0         9,494
 2008            9,053           0             0            0         9,053          15           0         9,038
 2009            8,618           0             0            0         8,618          13           0         8,605
 2010            8,205           0             0            0         8,205          13           0         8,192
 2011            7,810           0             0            0         7,810          13           0         7,797
 2012            7,436           0             0            0         7,436          12           0         7,424
 2013              604           0             0            0           604           1           0           603
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT       119,248           0             0            0       119,248         191           0       119,057
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL         119,248           0             0            0       119,248         191           0       119,057
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>           <C>              <C>         <C>         <C>      <C>            <C>           <C>           <C>
 2001          7,200           0           0           0         7,200          5,554         5,554         5,291
 2002          7,200           0           0           0         7,200          4,940        10,494         4,261
 2003          7,200           0           0           0         7,200          4,359        14,853         3,403
 2004          7,200           0           0           0         7,200          3,804        18,657         2,689
 2005          7,200           0           0           0         7,200          3,275        21,932         2,096
 2006          7,200           0           0           0         7,200          2,772        24,704         1,606
 2007          7,200           0           0           0         7,200          2,294        26,998         1,203
 2008          7,200           0           0           0         7,200          1,838        28,836           873
 2009          7,200           0           0           0         7,200          1,405        30,241           604
 2010          7,200           0           0           0         7,200            992        31,233           387
 2011          7,200           0           0           0         7,200            597        31,830           211
 2012          7,200           0           0           0         7,200            224        32,054            72
 2013            600           0           0           0           600              3        32,057             1
 2014              0           0           0           0             0              0        32,057             0
 2015              0           0           0           0             0              0        32,057             0

 SUBTOT       87,000           0           0           0        87,000         32,057                      22,697
 REMAIN            0           0           0           0             0              0        32,057             0
 TOTAL        87,000           0           0           0        87,000         32,057                      22,697

   LIFE OF EVALUATION IS 12.08 YEARS.
   FINAL PRODUCTION RATE: 26 BBLS/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

[LOGO OMITTED]  RYDER SCOTT COMPANY
                ---------------------
                PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 147
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>
 RIGA NORTHEAST FIELD, TREGO COUNTY, KANSAS                                            OIL LEASE
   TENGASCO, INC. - OPERATOR   9-T13S-R21W                                             PROVED
     KELLER -A-   (ARBUCKLE)                                                           PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>     <C>            <C>            <C>
 INITIAL -   1.000000  0.875000                         26.46                               5.00% -       160,049
 FINAL   -   1.000000  0.875000                         26.46                              10.00% -       123,840
 REMARKS -                                                                                 15.00% -        99,999
                                                                                           20.00% -        83,452
                                                                                           25.00% -        71,440
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>     <C>               <C>         <C>        <C>              <C>         <C>        <C>       <C>
 2001     3         1,466           0           0           1,282           0           0.000      26.46     0.00
 2002     3         1,395           0           0           1,221           0           0.000      26.46     0.00
 2003     3         1,328           0           0           1,163           0           0.000      26.46     0.00
 2004     3         1,265           0           0           1,106           0           0.000      26.46     0.00
 2005     3         1,204           0           0           1,054           0           0.000      26.46     0.00
 2006     3         1,146           0           0           1,003           0           0.000      26.46     0.00
 2007     3         1,091           0           0             954           0           0.000      26.46     0.00
 2008     3         1,039           0           0             909           0           0.000      26.46     0.00
 2009     3           989           0           0             865           0           0.000      26.46     0.00
 2010     3           941           0           0             824           0           0.000      26.46     0.00
 2011     3           896           0           0             784           0           0.000      26.46     0.00
 2012     3           854           0           0             747           0           0.000      26.46     0.00
 2013     3           812           0           0             711           0           0.000      26.46     0.00
 2014     3           773           0           0             676           0           0.000      26.46     0.00
 2015     3           736           0           0             644           0           0.000      26.46     0.00

 SUB-TOTAL         15,935           0           0          13,943           0           0.000      26.46     0.00
 REMAINDER          4,669           0           0           4,085           0           0.000      26.46     0.00
 TOTAL             20,604           0           0          18,028           0           0.000      26.46     0.00

 CUMULATIVE        99,507           0           0
 ULTIMATE         120,111           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>            <C>               <C>           <C>          <C>     <C>             <C>           <C>     <C>
 2001           33,935           0             0            0        33,935          54           0        33,881
 2002           32,305           0             0            0        32,305          52           0        32,253
 2003           30,755           0             0            0        30,755          49           0        30,706
 2004           29,279           0             0            0        29,279          47           0        29,232
 2005           27,873           0             0            0        27,873          45           0        27,828
 2006           26,536           0             0            0        26,536          42           0        26,494
 2007           25,261           0             0            0        25,261          41           0        25,220
 2008           24,050           0             0            0        24,050          38           0        24,012
 2009           22,894           0             0            0        22,894          37           0        22,857
 2010           21,796           0             0            0        21,796          34           0        21,762
 2011           20,750           0             0            0        20,750          34           0        20,716
 2012           19,754           0             0            0        19,754          31           0        19,723
 2013           18,805           0             0            0        18,805          30           0        18,775
 2014           17,903           0             0            0        17,903          29           0        17,874
 2015           17,044           0             0            0        17,044          27           0        17,017

 SUB-TOT       368,940           0             0            0       368,940         590           0       368,350
 REMAIN        108,091           0             0            0       108,091         173           0       107,918
 TOTAL         477,031           0             0            0       477,031         763           0       476,268
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>          <C>               <C>         <C>         <C>     <C>            <C>           <C>           <C>
 2001         11,292           0           0           0        11,292         22,589        22,589        21,514
 2002         11,292           0           0           0        11,292         20,961        43,550        18,071
 2003         11,292           0           0           0        11,292         19,414        62,964        15,151
 2004         11,292           0           0           0        11,292         17,940        80,904        12,674
 2005         11,292           0           0           0        11,292         16,536        97,440        10,575
 2006         11,292           0           0           0        11,292         15,202       112,642         8,801
 2007         11,292           0           0           0        11,292         13,928       126,570         7,299
 2008         11,292           0           0           0        11,292         12,720       139,290         6,034
 2009         11,292           0           0           0        11,292         11,565       150,855         4,967
 2010         11,292           0           0           0        11,292         10,470       161,325         4,070
 2011         11,292           0           0           0        11,292          9,424       170,749         3,316
 2012         11,292           0           0           0        11,292          8,431       179,180         2,686
 2013         11,292           0           0           0        11,292          7,483       186,663         2,158
 2014         11,292           0           0           0        11,292          6,582       193,245         1,719
 2015         11,292           0           0           0        11,292          5,725       198,970         1,353

 SUBTOT      169,380           0           0           0       169,380        198,970                     120,388
 REMAIN       88,454           0           0           0        88,454         19,464       218,434         3,452
 TOTAL       257,834           0           0           0       257,834        218,434                     123,840

   LIFE OF EVALUATION IS 22.83 YEARS.
   FINAL PRODUCTION RATE: 41 BBLS/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

[LOGO OMITTED]  RYDER SCOTT COMPANY
                ---------------------
                PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 148
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>
 RUGGELS WEST FIELD, OSBORNE COUNTY, KANSAS                                            OIL LEASE
   TENGASCO, INC. - OPERATOR   16-T10S-R15W                                            PROVED
     MAIER   (KSSC-LNSG)                                                               PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>     <C>            <C>            <C>
 INITIAL -   0.812500  0.676025                         26.46                               5.00% -       127,724
 FINAL   -   0.812500  0.676025                         26.46                              10.00% -       105,006
 REMARKS -                                                                                 15.00% -        88,615
                                                                                           20.00% -        76,395
                                                                                           25.00% -        67,016
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>      <C>              <C>         <C>         <C>             <C>         <C>        <C>       <C>
 2001     1         1,607           0           0           1,086           0           0.000      26.46     0.00
 2002     1         1,446           0           0             978           0           0.000      26.46     0.00
 2003     1         1,302           0           0             880           0           0.000      26.46     0.00
 2004     1         1,171           0           0             792           0           0.000      26.46     0.00
 2005     1         1,055           0           0             713           0           0.000      26.46     0.00
 2006     1           948           0           0             641           0           0.000      26.46     0.00
 2007     1           854           0           0             577           0           0.000      26.46     0.00
 2008     1           769           0           0             520           0           0.000      26.46     0.00
 2009     1           692           0           0             468           0           0.000      26.46     0.00
 2010     1           622           0           0             421           0           0.000      26.46     0.00
 2011     1           561           0           0             378           0           0.000      26.46     0.00
 2012     1           504           0           0             341           0           0.000      26.46     0.00
 2013     1           454           0           0             307           0           0.000      26.46     0.00
 2014     1           408           0           0             276           0           0.000      26.46     0.00
 2015     1           368           0           0             249           0           0.000      26.46     0.00

 SUB-TOTAL         12,761           0           0           8,627           0           0.000      26.46     0.00
 REMAINDER            832           0           0             562           0           0.000      26.46     0.00
 TOTAL             13,593           0           0           9,189           0           0.000      26.46     0.00

 CUMULATIVE         8,908           0           0
 ULTIMATE          22,501           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>            <C>               <C>           <C>          <C>     <C>             <C>           <C>     <C>
 2001           28,744           0             0            0        28,744          46           0        28,698
 2002           25,870           0             0            0        25,870          41           0        25,829
 2003           23,283           0             0            0        23,283          38           0        23,245
 2004           20,955           0             0            0        20,955          33           0        20,922
 2005           18,859           0             0            0        18,859          30           0        18,829
 2006           16,973           0             0            0        16,973          27           0        16,946
 2007           15,276           0             0            0        15,276          25           0        15,251
 2008           13,748           0             0            0        13,748          22           0        13,726
 2009           12,374           0             0            0        12,374          20           0        12,354
 2010           11,136           0             0            0        11,136          18           0        11,118
 2011           10,023           0             0            0        10,023          16           0        10,007
 2012            9,020           0             0            0         9,020          14           0         9,006
 2013            8,118           0             0            0         8,118          13           0         8,105
 2014            7,306           0             0            0         7,306          12           0         7,294
 2015            6,576           0             0            0         6,576          10           0         6,566

 SUB-TOT       228,261           0             0            0       228,261         365           0       227,896
 REMAIN         14,887           0             0            0        14,887          24           0        14,863
 TOTAL         243,148           0             0            0       243,148         389           0       242,759
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>           <C>              <C>         <C>         <C>      <C>           <C>           <C>           <C>
 2001          4,641           0           0           0         4,641         24,057        24,057        22,922
 2002          4,641           0           0           0         4,641         21,188        45,245        18,274
 2003          4,641           0           0           0         4,641         18,604        63,849        14,526
 2004          4,641           0           0           0         4,641         16,281        80,130        11,507
 2005          4,641           0           0           0         4,641         14,188        94,318         9,078
 2006          4,641           0           0           0         4,641         12,305       106,623         7,127
 2007          4,641           0           0           0         4,641         10,610       117,233         5,563
 2008          4,641           0           0           0         4,641          9,085       126,318         4,312
 2009          4,641           0           0           0         4,641          7,713       134,031         3,314
 2010          4,641           0           0           0         4,641          6,477       140,508         2,520
 2011          4,641           0           0           0         4,641          5,366       145,874         1,890
 2012          4,641           0           0           0         4,641          4,365       150,239         1,391
 2013          4,641           0           0           0         4,641          3,464       153,703         1,000
 2014          4,641           0           0           0         4,641          2,653       156,356           694
 2015          4,641           0           0           0         4,641          1,925       158,281           456

 SUBTOT       69,615           0           0           0        69,615        158,281                     104,574
 REMAIN       12,763           0           0           0        12,763          2,100       160,381           432
 TOTAL        82,378           0           0           0        82,378        160,381                     105,006

   LIFE OF EVALUATION IS 17.75 YEARS.
   FINAL PRODUCTION RATE: 22 BBLS/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

[LOGO OMITTED]  RYDER SCOTT COMPANY
                ---------------------
                PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 149
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>
 RUGGELS WEST FIELD, OSBORNE COUNTY, KANSAS                                            OIL LEASE
   TENGASCO, INC. - OPERATOR   16-T10S-R15W                                            PROVED
     MAIER #1 BP   (KSSC-LNSG)                                                         BEHIND PIPE


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>     <C>            <C>            <C>
 INITIAL -   0.812500  0.676025                         26.46                               5.00% -       364,007
 FINAL   -   0.812500  0.676025                         26.46                              10.00% -       283,230
 REMARKS -                                                                                 15.00% -       229,086
                                                                                           20.00% -       191,036
                                                                                           25.00% -       163,160
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>      <C>              <C>         <C>        <C>              <C>         <C>        <C>       <C>
 2001     1         3,446           0           0           2,330           0           0.000      26.46     0.00
 2002     1         3,157           0           0           2,134           0           0.000      26.46     0.00
 2003     1         2,892           0           0           1,955           0           0.000      26.46     0.00
 2004     1         2,648           0           0           1,790           0           0.000      26.46     0.00
 2005     1         2,426           0           0           1,640           0           0.000      26.46     0.00
 2006     1         2,222           0           0           1,502           0           0.000      26.46     0.00
 2007     1         2,035           0           0           1,376           0           0.000      26.46     0.00
 2008     1         1,864           0           0           1,260           0           0.000      26.46     0.00
 2009     1         1,707           0           0           1,154           0           0.000      26.46     0.00
 2010     1         1,564           0           0           1,057           0           0.000      26.46     0.00
 2011     1         1,432           0           0             968           0           0.000      26.46     0.00
 2012     1         1,312           0           0             887           0           0.000      26.46     0.00
 2013     1         1,202           0           0             813           0           0.000      26.46     0.00
 2014     1         1,100           0           0             744           0           0.000      26.46     0.00
 2015     1         1,008           0           0             681           0           0.000      26.46     0.00

 SUB-TOTAL         30,015           0           0          20,291           0           0.000      26.46     0.00
 REMAINDER          2,785           0           0           1,883           0           0.000      26.46     0.00
 TOTAL             32,800           0           0          22,174           0           0.000      26.46     0.00

 CUMULATIVE             0           0           0
 ULTIMATE          32,800           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>            <C>               <C>           <C>          <C>     <C>             <C>           <C>     <C>
 2001           61,649           0             0            0        61,649          99           0        61,550
 2002           56,467           0             0            0        56,467          90           0        56,377
 2003           51,721           0             0            0        51,721          83           0        51,638
 2004           47,372           0             0            0        47,372          76           0        47,296
 2005           43,391           0             0            0        43,391          69           0        43,322
 2006           39,743           0             0            0        39,743          64           0        39,679
 2007           36,402           0             0            0        36,402          58           0        36,344
 2008           33,343           0             0            0        33,343          53           0        33,290
 2009           30,539           0             0            0        30,539          49           0        30,490
 2010           27,973           0             0            0        27,973          45           0        27,928
 2011           25,621           0             0            0        25,621          41           0        25,580
 2012           23,467           0             0            0        23,467          37           0        23,430
 2013           21,495           0             0            0        21,495          35           0        21,460
 2014           19,687           0             0            0        19,687          31           0        19,656
 2015           18,033           0             0            0        18,033          29           0        18,004

 SUB-TOT       536,903           0             0            0       536,903         859           0       536,044
 REMAIN         49,811           0             0            0        49,811          80           0        49,731
 TOTAL         586,714           0             0            0       586,714         939           0       585,775
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>           <C>              <C>     <C>             <C>      <C>           <C>           <C>           <C>
 2001          4,641           0       9,750           0        14,391         47,159        47,159        44,500
 2002          4,641           0           0           0         4,641         51,736        98,895        44,610
 2003          4,641           0           0           0         4,641         46,997       145,892        36,684
 2004          4,641           0           0           0         4,641         42,655       188,547        30,139
 2005          4,641           0           0           0         4,641         38,681       227,228        24,740
 2006          4,641           0           0           0         4,641         35,038       262,266        20,286
 2007          4,641           0           0           0         4,641         31,703       293,969        16,616
 2008          4,641           0           0           0         4,641         28,649       322,618        13,592
 2009          4,641           0           0           0         4,641         25,849       348,467        11,101
 2010          4,641           0           0           0         4,641         23,287       371,754         9,053
 2011          4,641           0           0           0         4,641         20,939       392,693         7,369
 2012          4,641           0           0           0         4,641         18,789       411,482         5,985
 2013          4,641           0           0           0         4,641         16,819       428,301         4,851
 2014          4,641           0           0           0         4,641         15,015       443,316         3,919
 2015          4,641           0           0           0         4,641         13,363       456,679         3,158

 SUBTOT       69,615           0       9,750           0        79,365        456,679                     276,603
 REMAIN       15,453           0           0           0        15,453         34,278       490,957         6,627
 TOTAL        85,068           0       9,750           0        94,818        490,957                     283,230

   LIFE OF EVALUATION IS 18.33 YEARS.
   FINAL PRODUCTION RATE: 60 BBLS/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

[LOGO OMITTED]  RYDER SCOTT COMPANY
                ---------------------
                PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 150
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>
 SANDFORD FIELD, BARTON COUNTY, KANSAS                                                 OIL LEASE
   TENGASCO, INC. - OPERATOR   26-T17S-R14W                                            PROVED
     BEN TEMPERO   (ARBUCKLE)                                                          PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>     <C>            <C>            <C>
 INITIAL -   1.000000  0.820312                         26.46                               5.00% -       346,134
 FINAL   -   1.000000  0.820312                         26.46                              10.00% -       276,739
 REMARKS -                                                                                 15.00% -       228,544
                                                                                           20.00% -       193,734
                                                                                           25.00% -       167,709
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>     <C>               <C>         <C>        <C>              <C>         <C>        <C>       <C>
 2001     1         3,748           0           0           3,074           0           0.000      26.46     0.00
 2002     1         3,523           0           0           2,890           0           0.000      26.46     0.00
 2003     1         3,311           0           0           2,717           0           0.000      26.46     0.00
 2004     1         3,113           0           0           2,553           0           0.000      26.46     0.00
 2005     1         2,926           0           0           2,401           0           0.000      26.46     0.00
 2006     1         2,751           0           0           2,256           0           0.000      26.46     0.00
 2007     1         2,585           0           0           2,121           0           0.000      26.46     0.00
 2008     1         2,431           0           0           1,994           0           0.000      26.46     0.00
 2009     1         2,284           0           0           1,874           0           0.000      26.46     0.00
 2010     1         2,148           0           0           1,761           0           0.000      26.46     0.00
 2011     1         2,018           0           0           1,656           0           0.000      26.46     0.00
 2012     1         1,898           0           0           1,557           0           0.000      26.46     0.00
 2013     1         1,784           0           0           1,463           0           0.000      26.46     0.00
 2014     1         1,676           0           0           1,375           0           0.000      26.46     0.00
 2015     1         1,576           0           0           1,293           0           0.000      26.46     0.00

 SUB-TOTAL         37,772           0           0          30,985           0           0.000      26.46     0.00
 REMAINDER          5,612           0           0           4,603           0           0.000      26.46     0.00
 TOTAL             43,384           0           0          35,588           0           0.000      26.46     0.00

 CUMULATIVE       105,859           0           0
 ULTIMATE         149,243           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>            <C>               <C>           <C>          <C>     <C>           <C>             <C>     <C>
 2001           81,348           0             0            0        81,348         130           0        81,218
 2002           76,467           0             0            0        76,467         123           0        76,344
 2003           71,879           0             0            0        71,879         115           0        71,764
 2004           67,567           0             0            0        67,567         108           0        67,459
 2005           63,512           0             0            0        63,512         101           0        63,411
 2006           59,702           0             0            0        59,702          96           0        59,606
 2007           56,119           0             0            0        56,119          90           0        56,029
 2008           52,753           0             0            0        52,753          84           0        52,669
 2009           49,587           0             0            0        49,587          79           0        49,508
 2010           46,612           0             0            0        46,612          75           0        46,537
 2011           43,815           0             0            0        43,815          70           0        43,745
 2012           41,187           0             0            0        41,187          66           0        41,121
 2013           38,715           0             0            0        38,715          62           0        38,653
 2014           36,392           0             0            0        36,392          58           0        36,334
 2015           34,209           0             0            0        34,209          55           0        34,154

 SUB-TOT       819,864           0             0            0       819,864       1,312           0       818,552
 REMAIN        121,798           0             0            0       121,798         195           0       121,603
 TOTAL         941,662           0             0            0       941,662       1,507           0       940,155
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>          <C>               <C>         <C>         <C>     <C>            <C>           <C>           <C>
 2001         25,548           0           0           0        25,548         55,670        55,670        53,027
 2002         25,548           0           0           0        25,548         50,796       106,466        43,799
 2003         25,548           0           0           0        25,548         46,216       152,682        36,074
 2004         25,548           0           0           0        25,548         41,911       194,593        29,614
 2005         25,548           0           0           0        25,548         37,863       232,456        24,218
 2006         25,548           0           0           0        25,548         34,058       266,514        19,720
 2007         25,548           0           0           0        25,548         30,481       296,995        15,977
 2008         25,548           0           0           0        25,548         27,121       324,116        12,869
 2009         25,548           0           0           0        25,548         23,960       348,076        10,292
 2010         25,548           0           0           0        25,548         20,989       369,065         8,162
 2011         25,548           0           0           0        25,548         18,197       387,262         6,406
 2012         25,548           0           0           0        25,548         15,573       402,835         4,963
 2013         25,548           0           0           0        25,548         13,105       415,940         3,781
 2014         25,548           0           0           0        25,548         10,786       426,726         2,818
 2015         25,548           0           0           0        25,548          8,606       435,332         2,036

 SUBTOT      383,220           0           0           0       383,220        435,332                     273,756
 REMAIN      106,450           0           0           0       106,450         15,153       450,485         2,983
 TOTAL       489,670           0           0           0       489,670        450,485                     276,739

   LIFE OF EVALUATION IS 19.17 YEARS.
   FINAL PRODUCTION RATE: 99 BBLS/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

[LOGO OMITTED]  RYDER SCOTT COMPANY
                ---------------------
                PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 151
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>
 SANDFORD FIELD, BARTON COUNTY, KANSAS                                                 OIL LEASE
   TENGASCO, INC. - OPERATOR   26-T17S-R14W                                            PROVED
     BEN TEMPERO #5 PUD   (ARBUCKLE)                                                   UNDEVELOPED


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>     <C>            <C>            <C>
 INITIAL -   1.000000  0.820312                         26.46                               5.00% -       296,797
 FINAL   -   1.000000  0.820312                         26.46                              10.00% -       214,627
 REMARKS -                                                                                 15.00% -       161,211
                                                                                           20.00% -       124,539
                                                                                           25.00% -        98,191
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>      <C>              <C>         <C>        <C>              <C>         <C>        <C>       <C>
 2001     1         3,782           0           0           3,102           0           0.000      26.46     0.00
 2002     1         3,560           0           0           2,921           0           0.000      26.46     0.00
 2003     1         2,853           0           0           2,340           0           0.000      26.46     0.00
 2004     1         2,694           0           0           2,210           0           0.000      26.46     0.00
 2005     1         2,544           0           0           2,087           0           0.000      26.46     0.00
 2006     1         2,402           0           0           1,970           0           0.000      26.46     0.00
 2007     1         2,268           0           0           1,861           0           0.000      26.46     0.00
 2008     1         2,142           0           0           1,757           0           0.000      26.46     0.00
 2009     1         2,023           0           0           1,659           0           0.000      26.46     0.00
 2010     1         1,910           0           0           1,567           0           0.000      26.46     0.00
 2011     1         1,804           0           0           1,480           0           0.000      26.46     0.00
 2012     1         1,703           0           0           1,397           0           0.000      26.46     0.00
 2013     1         1,608           0           0           1,319           0           0.000      26.46     0.00
 2014     1         1,519           0           0           1,246           0           0.000      26.46     0.00
 2015     1         1,434           0           0           1,177           0           0.000      26.46     0.00

 SUB-TOTAL         34,246           0           0          28,093           0           0.000      26.46     0.00
 REMAINDER          9,799           0           0           8,038           0           0.000      26.46     0.00
 TOTAL             44,045           0           0          36,131           0           0.000      26.46     0.00

 CUMULATIVE             0           0           0
 ULTIMATE          44,045           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>            <C>               <C>           <C>          <C>     <C>           <C>             <C>     <C>
 2001           82,092           0             0            0        82,092         131           0        81,961
 2002           77,279           0             0            0        77,279         124           0        77,155
 2003           61,919           0             0            0        61,919          99           0        61,820
 2004           58,471           0             0            0        58,471          94           0        58,377
 2005           55,214           0             0            0        55,214          88           0        55,126
 2006           52,139           0             0            0        52,139          83           0        52,056
 2007           49,235           0             0            0        49,235          79           0        49,156
 2008           46,493           0             0            0        46,493          75           0        46,418
 2009           43,904           0             0            0        43,904          70           0        43,834
 2010           41,459           0             0            0        41,459          66           0        41,393
 2011           39,150           0             0            0        39,150          63           0        39,087
 2012           36,969           0             0            0        36,969          59           0        36,910
 2013           34,911           0             0            0        34,911          56           0        34,855
 2014           32,966           0             0            0        32,966          53           0        32,913
 2015           31,130           0             0            0        31,130          49           0        31,081

 SUB-TOT       743,331           0             0            0       743,331       1,189           0       742,142
 REMAIN        212,684           0             0            0       212,684         341           0       212,343
 TOTAL         956,015           0             0            0       956,015       1,530           0       954,485
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>          <C>               <C>   <C>               <C>     <C>            <C>           <C>           <C>
 2001          9,000           0     100,000           0       109,000        -27,039       -27,039       -26,848
 2002         18,000           0           0           0        18,000         59,155        32,116        51,337
 2003         18,000           0           0           0        18,000         43,820        75,936        34,200
 2004         18,000           0           0           0        18,000         40,377       116,313        28,525
 2005         18,000           0           0           0        18,000         37,126       153,439        23,743
 2006         18,000           0           0           0        18,000         34,056       187,495        19,716
 2007         18,000           0           0           0        18,000         31,156       218,651        16,328
 2008         18,000           0           0           0        18,000         28,418       247,069        13,481
 2009         18,000           0           0           0        18,000         25,834       272,903        11,094
 2010         18,000           0           0           0        18,000         23,393       296,296         9,094
 2011         18,000           0           0           0        18,000         21,087       317,383         7,421
 2012         18,000           0           0           0        18,000         18,910       336,293         6,024
 2013         18,000           0           0           0        18,000         16,855       353,148         4,861
 2014         18,000           0           0           0        18,000         14,913       368,061         3,894
 2015         18,000           0           0           0        18,000         13,081       381,142         3,091

 SUBTOT      261,000           0     100,000           0       361,000        381,142                     205,961
 REMAIN      162,000           0           0           0       162,000         50,343       431,485         8,666
 TOTAL       423,000           0     100,000           0       523,000        431,485                     214,627

   LIFE OF EVALUATION IS 24.00 YEARS.
   FINAL PRODUCTION RATE: 70 BBLS/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

[LOGO OMITTED]  RYDER SCOTT COMPANY
                ---------------------
                PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 152
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>
 SCHWINDT FIELD, RUSH COUNTY, KANSAS                                                   OIL LEASE
   TENGASCO, INC. - OPERATOR   30-T17S-R18W                                            PROVED
     JACOBS -B-   (CNGL-LNSG-MSSP-VIOL)                                                PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>     <C>            <C>            <C>
 INITIAL -   1.000000  0.875000                         26.46                               5.00% -       290,609
 FINAL   -   1.000000  0.875000                         26.46                              10.00% -       211,726
 REMARKS -                                                                                 15.00% -       164,856
                                                                                           20.00% -       134,476
                                                                                           25.00% -       113,405
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>     <C>               <C>         <C>        <C>              <C>         <C>        <C>       <C>
 2001     1         2,027           0           0           1,774           0           0.000      26.46     0.00
 2002     1         1,947           0           0           1,703           0           0.000      26.46     0.00
 2003     1         1,868           0           0           1,635           0           0.000      26.46     0.00
 2004     1         1,794           0           0           1,570           0           0.000      26.46     0.00
 2005     1         1,722           0           0           1,506           0           0.000      26.46     0.00
 2006     1         1,653           0           0           1,447           0           0.000      26.46     0.00
 2007     1         1,587           0           0           1,389           0           0.000      26.46     0.00
 2008     1         1,524           0           0           1,333           0           0.000      26.46     0.00
 2009     1         1,463           0           0           1,280           0           0.000      26.46     0.00
 2010     1         1,404           0           0           1,228           0           0.000      26.46     0.00
 2011     1         1,348           0           0           1,180           0           0.000      26.46     0.00
 2012     1         1,294           0           0           1,132           0           0.000      26.46     0.00
 2013     1         1,242           0           0           1,087           0           0.000      26.46     0.00
 2014     1         1,193           0           0           1,043           0           0.000      26.46     0.00
 2015     1         1,144           0           0           1,002           0           0.000      26.46     0.00

 SUB-TOTAL         23,210           0           0          20,309           0           0.000      26.46     0.00
 REMAINDER         13,703           0           0          11,990           0           0.000      26.46     0.00
 TOTAL             36,913           0           0          32,299           0           0.000      26.46     0.00

 CUMULATIVE        71,608           0           0
 ULTIMATE         108,521           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>            <C>               <C>           <C>          <C>     <C>           <C>             <C>     <C>
 2001           46,942           0             0            0        46,942          75           0        46,867
 2002           45,064           0             0            0        45,064          72           0        44,992
 2003           43,261           0             0            0        43,261          69           0        43,192
 2004           41,531           0             0            0        41,531          67           0        41,464
 2005           39,869           0             0            0        39,869          64           0        39,805
 2006           38,275           0             0            0        38,275          61           0        38,214
 2007           36,744           0             0            0        36,744          59           0        36,685
 2008           35,274           0             0            0        35,274          56           0        35,218
 2009           33,864           0             0            0        33,864          54           0        33,810
 2010           32,508           0             0            0        32,508          52           0        32,456
 2011           31,208           0             0            0        31,208          50           0        31,158
 2012           29,960           0             0            0        29,960          48           0        29,912
 2013           28,762           0             0            0        28,762          46           0        28,716
 2014           27,611           0             0            0        27,611          44           0        27,567
 2015           26,507           0             0            0        26,507          43           0        26,464

 SUB-TOT       537,380           0             0            0       537,380         860           0       536,520
 REMAIN        317,260           0             0            0       317,260         507           0       316,753
 TOTAL         854,640           0             0            0       854,640       1,367           0       853,273
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>          <C>               <C>         <C>         <C>     <C>            <C>           <C>           <C>
 2001         12,996           0           0           0        12,996         33,871        33,871        32,254
 2002         12,996           0           0           0        12,996         31,996        65,867        27,581
 2003         12,996           0           0           0        12,996         30,196        96,063        23,562
 2004         12,996           0           0           0        12,996         28,468       124,531        20,108
 2005         12,996           0           0           0        12,996         26,809       151,340        17,142
 2006         12,996           0           0           0        12,996         25,218       176,558        14,596
 2007         12,996           0           0           0        12,996         23,689       200,247        12,411
 2008         12,996           0           0           0        12,996         22,222       222,469        10,540
 2009         12,996           0           0           0        12,996         20,814       243,283         8,936
 2010         12,996           0           0           0        12,996         19,460       262,743         7,563
 2011         12,996           0           0           0        12,996         18,162       280,905         6,390
 2012         12,996           0           0           0        12,996         16,916       297,821         5,387
 2013         12,996           0           0           0        12,996         15,720       313,541         4,532
 2014         12,996           0           0           0        12,996         14,571       328,112         3,802
 2015         12,996           0           0           0        12,996         13,468       341,580         3,182

 SUBTOT      194,940           0           0           0       194,940        341,580                     197,986
 REMAIN      219,849           0           0           0       219,849         96,904       438,484        13,740
 TOTAL       414,789           0           0           0       414,789        438,484                     211,726

   LIFE OF EVALUATION IS 31.92 YEARS.
   FINAL PRODUCTION RATE: 47 BBLS/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

[LOGO OMITTED]  RYDER SCOTT COMPANY
                ---------------------
                PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 153
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>
 SPRING CREEK FIELD, TREGO COUNTY, KANSAS                                              OIL LEASE
   TENGASCO, INC. - OPERATOR   32-T12S-R21W                                            PROVED
     RIDGWAY   (ARBUCKLE)                                                              PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>     <C>            <C>            <C>
 INITIAL -   1.000000  0.779300                         26.46                               5.00% -       205,913
 FINAL   -   1.000000  0.779300                         26.46                              10.00% -       168,048
 REMARKS -                                                                                 15.00% -       141,177
                                                                                           20.00% -       121,383
                                                                                           25.00% -       106,320
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>     <C>               <C>         <C>        <C>              <C>         <C>        <C>       <C>
 2001     1         2,486           0           0           1,937           0           0.000      26.46     0.00
 2002     1         2,248           0           0           1,752           0           0.000      26.46     0.00
 2003     1         2,041           0           0           1,590           0           0.000      26.46     0.00
 2004     1         1,860           0           0           1,450           0           0.000      26.46     0.00
 2005     1         1,702           0           0           1,327           0           0.000      26.46     0.00
 2006     1         1,563           0           0           1,218           0           0.000      26.46     0.00
 2007     1         1,439           0           0           1,121           0           0.000      26.46     0.00
 2008     1         1,330           0           0           1,036           0           0.000      26.46     0.00
 2009     1         1,231           0           0             960           0           0.000      26.46     0.00
 2010     1         1,143           0           0             891           0           0.000      26.46     0.00
 2011     1         1,064           0           0             829           0           0.000      26.46     0.00
 2012     1           992           0           0             773           0           0.000      26.46     0.00
 2013     1           928           0           0             723           0           0.000      26.46     0.00
 2014     1           869           0           0             677           0           0.000      26.46     0.00
 2015     1           815           0           0             635           0           0.000      26.46     0.00

 SUB-TOTAL         21,711           0           0          16,919           0           0.000      26.46     0.00
 REMAINDER          2,862           0           0           2,231           0           0.000      26.46     0.00
 TOTAL             24,573           0           0          19,150           0           0.000      26.46     0.00

 CUMULATIVE       106,952           0           0
 ULTIMATE         131,525           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>            <C>               <C>           <C>          <C>     <C>             <C>           <C>     <C>
 2001           51,263           0             0            0        51,263          82           0        51,181
 2002           46,346           0             0            0        46,346          74           0        46,272
 2003           42,083           0             0            0        42,083          68           0        42,015
 2004           38,364           0             0            0        38,364          61           0        38,303
 2005           35,101           0             0            0        35,101          56           0        35,045
 2006           32,226           0             0            0        32,226          52           0        32,174
 2007           29,678           0             0            0        29,678          47           0        29,631
 2008           27,412           0             0            0        27,412          44           0        27,368
 2009           25,387           0             0            0        25,387          41           0        25,346
 2010           23,573           0             0            0        23,573          37           0        23,536
 2011           21,938           0             0            0        21,938          35           0        21,903
 2012           20,464           0             0            0        20,464          33           0        20,431
 2013           19,128           0             0            0        19,128          31           0        19,097
 2014           17,915           0             0            0        17,915          28           0        17,887
 2015           16,809           0             0            0        16,809          27           0        16,782

 SUB-TOT       447,687           0             0            0       447,687         716           0       446,971
 REMAIN         59,024           0             0            0        59,024          95           0        58,929
 TOTAL         506,711           0             0            0       506,711         811           0       505,900
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>          <C>               <C>         <C>         <C>     <C>            <C>           <C>           <C>
 2001         12,804           0           0           0        12,804         38,377        38,377        36,569
 2002         12,804           0           0           0        12,804         33,468        71,845        28,869
 2003         12,804           0           0           0        12,804         29,211       101,056        22,808
 2004         12,804           0           0           0        12,804         25,499       126,555        18,022
 2005         12,804           0           0           0        12,804         22,241       148,796        14,230
 2006         12,804           0           0           0        12,804         19,370       168,166        11,218
 2007         12,804           0           0           0        12,804         16,827       184,993         8,823
 2008         12,804           0           0           0        12,804         14,564       199,557         6,912
 2009         12,804           0           0           0        12,804         12,542       212,099         5,388
 2010         12,804           0           0           0        12,804         10,732       222,831         4,174
 2011         12,804           0           0           0        12,804          9,099       231,930         3,204
 2012         12,804           0           0           0        12,804          7,627       239,557         2,431
 2013         12,804           0           0           0        12,804          6,293       245,850         1,816
 2014         12,804           0           0           0        12,804          5,083       250,933         1,328
 2015         12,804           0           0           0        12,804          3,978       254,911           942

 SUBTOT      192,060           0           0           0       192,060        254,911                     166,734
 REMAIN       52,283           0           0           0        52,283          6,646       261,557         1,314
 TOTAL       244,343           0           0           0       244,343        261,557                     168,048

   LIFE OF EVALUATION IS 19.08 YEARS.
   FINAL PRODUCTION RATE: 52 BBLS/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

[LOGO OMITTED]  RYDER SCOTT COMPANY
                ---------------------
                PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 154
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>
 STOCKTON FIELD, ROOKS COUNTY, KANSAS                                                  OIL LEASE
   TENGASCO, INC. - OPERATOR   35-T7S-R17W                                             PROVED
     HINDMAN, D.A.   (TOPEKA)                                                          PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>     <C>            <C>             <C>
 INITIAL -   1.000000  0.809370                         26.46                               5.00% -        57,581
 FINAL   -   1.000000  0.809370                         26.46                              10.00% -        44,374
 REMARKS -                                                                                 15.00% -        35,693
                                                                                           20.00% -        29,685
                                                                                           25.00% -        25,339
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>      <C>              <C>         <C>         <C>             <C>         <C>        <C>       <C>
 2001     1           703           0           0             569           0           0.000      26.46     0.00
 2002     1           680           0           0             550           0           0.000      26.46     0.00
 2003     1           657           0           0             532           0           0.000      26.46     0.00
 2004     1           635           0           0             514           0           0.000      26.46     0.00
 2005     1           613           0           0             496           0           0.000      26.46     0.00
 2006     1           593           0           0             480           0           0.000      26.46     0.00
 2007     1           573           0           0             464           0           0.000      26.46     0.00
 2008     1           554           0           0             449           0           0.000      26.46     0.00
 2009     1           536           0           0             433           0           0.000      26.46     0.00
 2010     1           517           0           0             419           0           0.000      26.46     0.00
 2011     1           501           0           0             405           0           0.000      26.46     0.00
 2012     1           483           0           0             391           0           0.000      26.46     0.00
 2013     1           467           0           0             378           0           0.000      26.46     0.00
 2014     1           452           0           0             366           0           0.000      26.46     0.00
 2015     1           436           0           0             353           0           0.000      26.46     0.00

 SUB-TOTAL          8,400           0           0           6,799           0           0.000      26.46     0.00
 REMAINDER          2,728           0           0           2,208           0           0.000      26.46     0.00
 TOTAL             11,128           0           0           9,007           0           0.000      26.46     0.00

 CUMULATIVE        48,683           0           0
 ULTIMATE          59,811           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>            <C>               <C>           <C>          <C>     <C>             <C>           <C>     <C>
 2001           15,060           0             0            0        15,060          24           0        15,036
 2002           14,555           0             0            0        14,555          23           0        14,532
 2003           14,068           0             0            0        14,068          23           0        14,045
 2004           13,597           0             0            0        13,597          22           0        13,575
 2005           13,141           0             0            0        13,141          21           0        13,120
 2006           12,701           0             0            0        12,701          20           0        12,681
 2007           12,275           0             0            0        12,275          20           0        12,255
 2008           11,864           0             0            0        11,864          19           0        11,845
 2009           11,467           0             0            0        11,467          18           0        11,449
 2010           11,082           0             0            0        11,082          18           0        11,064
 2011           10,712           0             0            0        10,712          17           0        10,695
 2012           10,352           0             0            0        10,352          16           0        10,336
 2013           10,006           0             0            0        10,006          16           0         9,990
 2014            9,670           0             0            0         9,670          16           0         9,654
 2015            9,347           0             0            0         9,347          15           0         9,332

 SUB-TOT       179,897           0             0            0       179,897         288           0       179,609
 REMAIN         58,424           0             0            0        58,424          93           0        58,331
 TOTAL         238,321           0             0            0       238,321         381           0       237,940
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>          <C>               <C>         <C>         <C>     <C>             <C>           <C>           <C>
 2001          7,176           0           0           0         7,176          7,860         7,860         7,485
 2002          7,176           0           0           0         7,176          7,356        15,216         6,342
 2003          7,176           0           0           0         7,176          6,869        22,085         5,360
 2004          7,176           0           0           0         7,176          6,399        28,484         4,521
 2005          7,176           0           0           0         7,176          5,944        34,428         3,801
 2006          7,176           0           0           0         7,176          5,505        39,933         3,186
 2007          7,176           0           0           0         7,176          5,079        45,012         2,662
 2008          7,176           0           0           0         7,176          4,669        49,681         2,215
 2009          7,176           0           0           0         7,176          4,273        53,954         1,835
 2010          7,176           0           0           0         7,176          3,888        57,842         1,511
 2011          7,176           0           0           0         7,176          3,519        61,361         1,238
 2012          7,176           0           0           0         7,176          3,160        64,521         1,007
 2013          7,176           0           0           0         7,176          2,814        67,335           812
 2014          7,176           0           0           0         7,176          2,478        69,813           647
 2015          7,176           0           0           0         7,176          2,156        71,969           509

 SUBTOT      107,640           0           0           0       107,640         71,969                      43,131
 REMAIN       51,428           0           0           0        51,428          6,903        78,872         1,243
 TOTAL       159,068           0           0           0       159,068         78,872                      44,374

   LIFE OF EVALUATION IS 22.17 YEARS.
   FINAL PRODUCTION RATE: 28 BBLS/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

[LOGO OMITTED]  RYDER SCOTT COMPANY
                ---------------------
                PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 155
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>
 STOCKTON FIELD, ROOKS COUNTY, KANSAS                                                  OIL LEASE
   TENGASCO, INC. - OPERATOR   26-T7S-R17W                                             PROVED
     STEBBINS   (HOWARD)                                                               PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>     <C>            <C>             <C>
 INITIAL -   0.925000  0.751570                         26.46                               5.00% -        95,356
 FINAL   -   0.925000  0.751570                         26.46                              10.00% -        71,289
 REMARKS -                                                                                 15.00% -        56,284
                                                                                           20.00% -        46,268
                                                                                           25.00% -        39,196
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>      <C>              <C>         <C>        <C>              <C>         <C>        <C>       <C>
 2001     1           986           0           0             741           0           0.000      26.46     0.00
 2002     1           951           0           0             715           0           0.000      26.46     0.00
 2003     1           917           0           0             689           0           0.000      26.46     0.00
 2004     1           886           0           0             666           0           0.000      26.46     0.00
 2005     1           855           0           0             642           0           0.000      26.46     0.00
 2006     1           825           0           0             620           0           0.000      26.46     0.00
 2007     1           795           0           0             598           0           0.000      26.46     0.00
 2008     1           768           0           0             578           0           0.000      26.46     0.00
 2009     1           742           0           0             557           0           0.000      26.46     0.00
 2010     1           715           0           0             537           0           0.000      26.46     0.00
 2011     1           690           0           0             519           0           0.000      26.46     0.00
 2012     1           666           0           0             500           0           0.000      26.46     0.00
 2013     1           643           0           0             483           0           0.000      26.46     0.00
 2014     1           620           0           0             467           0           0.000      26.46     0.00
 2015     1           598           0           0             449           0           0.000      26.46     0.00

 SUB-TOTAL         11,657           0           0           8,761           0           0.000      26.46     0.00
 REMAINDER          5,580           0           0           4,194           0           0.000      26.46     0.00
 TOTAL             17,237           0           0          12,955           0           0.000      26.46     0.00

 CUMULATIVE        44,333           0           0
 ULTIMATE          61,570           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>            <C>               <C>           <C>          <C>     <C>             <C>           <C>     <C>
 2001           19,600           0             0            0        19,600          31           0        19,569
 2002           18,913           0             0            0        18,913          31           0        18,882
 2003           18,252           0             0            0        18,252          29           0        18,223
 2004           17,613           0             0            0        17,613          28           0        17,585
 2005           16,996           0             0            0        16,996          27           0        16,969
 2006           16,402           0             0            0        16,402          26           0        16,376
 2007           15,828           0             0            0        15,828          26           0        15,802
 2008           15,273           0             0            0        15,273          24           0        15,249
 2009           14,739           0             0            0        14,739          24           0        14,715
 2010           14,223           0             0            0        14,223          23           0        14,200
 2011           13,726           0             0            0        13,726          22           0        13,704
 2012           13,244           0             0            0        13,244          21           0        13,223
 2013           12,782           0             0            0        12,782          20           0        12,762
 2014           12,334           0             0            0        12,334          20           0        12,314
 2015           11,902           0             0            0        11,902          19           0        11,883

 SUB-TOT       231,827           0             0            0       231,827         371           0       231,456
 REMAIN        110,961           0             0            0       110,961         177           0       110,784
 TOTAL         342,788           0             0            0       342,788         548           0       342,240
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>          <C>               <C>         <C>         <C>     <C>            <C>           <C>            <C>
 2001          7,715           0           0           0         7,715         11,854        11,854        11,288
 2002          7,714           0           0           0         7,714         11,168        23,022         9,627
 2003          7,715           0           0           0         7,715         10,508        33,530         8,200
 2004          7,714           0           0           0         7,714          9,871        43,401         6,973
 2005          7,715           0           0           0         7,715          9,254        52,655         5,917
 2006          7,714           0           0           0         7,714          8,662        61,317         5,014
 2007          7,715           0           0           0         7,715          8,087        69,404         4,237
 2008          7,714           0           0           0         7,714          7,535        76,939         3,574
 2009          7,715           0           0           0         7,715          7,000        83,939         3,006
 2010          7,714           0           0           0         7,714          6,486        90,425         2,521
 2011          7,715           0           0           0         7,715          5,989        96,414         2,107
 2012          7,714           0           0           0         7,714          5,509       101,923         1,754
 2013          7,715           0           0           0         7,715          5,047       106,970         1,456
 2014          7,714           0           0           0         7,714          4,600       111,570         1,200
 2015          7,715           0           0           0         7,715          4,168       115,738           985

 SUBTOT      115,718           0           0           0       115,718        115,738                      67,859
 REMAIN       89,359           0           0           0        89,359         21,425       137,163         3,430
 TOTAL       205,077           0           0           0       205,077        137,163                      71,289

   LIFE OF EVALUATION IS 26.58 YEARS.
   FINAL PRODUCTION RATE: 32 BBLS/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

[LOGO OMITTED]  RYDER SCOTT COMPANY
                ---------------------
                PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 156
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>
 STOCKTON FIELD, ROOKS COUNTY, KANSAS                                                  OIL LEASE
   TENGASCO, INC. - OPERATOR   26-T7S-R17W                                             PROVED
     WATTS                                                                             PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>     <C>            <C>             <C>
 INITIAL -   0.925000  0.809380                         26.46                               5.00% -        79,832
 FINAL   -   0.925000  0.809380                         26.46                              10.00% -        58,691
 REMARKS -                                                                                 15.00% -        45,851
                                                                                           20.00% -        37,434
                                                                                           25.00% -        31,565
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>      <C>              <C>         <C>        <C>              <C>         <C>        <C>       <C>
 2001     1           781           0           0             632           0           0.000      26.46     0.00
 2002     1           757           0           0             613           0           0.000      26.46     0.00
 2003     1           736           0           0             596           0           0.000      26.46     0.00
 2004     1           715           0           0             578           0           0.000      26.46     0.00
 2005     1           694           0           0             562           0           0.000      26.46     0.00
 2006     1           673           0           0             545           0           0.000      26.46     0.00
 2007     1           655           0           0             530           0           0.000      26.46     0.00
 2008     1           635           0           0             514           0           0.000      26.46     0.00
 2009     1           617           0           0             499           0           0.000      26.46     0.00
 2010     1           599           0           0             485           0           0.000      26.46     0.00
 2011     1           581           0           0             470           0           0.000      26.46     0.00
 2012     1           565           0           0             457           0           0.000      26.46     0.00
 2013     1           548           0           0             444           0           0.000      26.46     0.00
 2014     1           533           0           0             431           0           0.000      26.46     0.00
 2015     1           517           0           0             419           0           0.000      26.46     0.00

 SUB-TOTAL          9,606           0           0           7,775           0           0.000      26.46     0.00
 REMAINDER          5,675           0           0           4,593           0           0.000      26.46     0.00
 TOTAL             15,281           0           0          12,368           0           0.000      26.46     0.00

 CUMULATIVE        41,160           0           0
 ULTIMATE          56,441           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>            <C>               <C>           <C>          <C>     <C>             <C>           <C>     <C>
 2001           16,716           0             0            0        16,716          27           0        16,689
 2002           16,231           0             0            0        16,231          26           0        16,205
 2003           15,761           0             0            0        15,761          25           0        15,736
 2004           15,303           0             0            0        15,303          24           0        15,279
 2005           14,860           0             0            0        14,860          24           0        14,836
 2006           14,429           0             0            0        14,429          23           0        14,406
 2007           14,010           0             0            0        14,010          23           0        13,987
 2008           13,604           0             0            0        13,604          21           0        13,583
 2009           13,209           0             0            0        13,209          22           0        13,187
 2010           12,827           0             0            0        12,827          20           0        12,807
 2011           12,454           0             0            0        12,454          20           0        12,434
 2012           12,094           0             0            0        12,094          19           0        12,075
 2013           11,742           0             0            0        11,742          19           0        11,723
 2014           11,402           0             0            0        11,402          18           0        11,384
 2015           11,072           0             0            0        11,072          18           0        11,054

 SUB-TOT       205,714           0             0            0       205,714         329           0       205,385
 REMAIN        121,537           0             0            0       121,537         195           0       121,342
 TOTAL         327,251           0             0            0       327,251         524           0       326,727
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>          <C>               <C>         <C>         <C>     <C>            <C>           <C>            <C>
 2001          7,326           0           0           0         7,326          9,363         9,363         8,916
 2002          7,326           0           0           0         7,326          8,879        18,242         7,653
 2003          7,326           0           0           0         7,326          8,410        26,652         6,562
 2004          7,326           0           0           0         7,326          7,953        34,605         5,618
 2005          7,326           0           0           0         7,326          7,510        42,115         4,802
 2006          7,326           0           0           0         7,326          7,080        49,195         4,097
 2007          7,326           0           0           0         7,326          6,661        55,856         3,490
 2008          7,326           0           0           0         7,326          6,257        62,113         2,968
 2009          7,326           0           0           0         7,326          5,861        67,974         2,516
 2010          7,326           0           0           0         7,326          5,481        73,455         2,130
 2011          7,326           0           0           0         7,326          5,108        78,563         1,797
 2012          7,326           0           0           0         7,326          4,749        83,312         1,513
 2013          7,326           0           0           0         7,326          4,397        87,709         1,267
 2014          7,326           0           0           0         7,326          4,058        91,767         1,059
 2015          7,326           0           0           0         7,326          3,728        95,495           881

 SUBTOT      109,890           0           0           0       109,890         95,495                      55,269
 REMAIN       98,901           0           0           0        98,901         22,441       117,936         3,422
 TOTAL       208,791           0           0           0       208,791        117,936                      58,691

   LIFE OF EVALUATION IS 28.50 YEARS.
   FINAL PRODUCTION RATE: 29 BBLS/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

[LOGO OMITTED]  RYDER SCOTT COMPANY
                ---------------------
                PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 157
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>
 STREMEL FIELD, RUSH COUNTY, KANSAS                                                    OIL LEASE
   TENGASCO, INC. - OPERATOR   30-T16S-R16W                                            PROVED
     OCHS #1 & 3   (MISSISSIPPIAN)                                                     PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>         <C>        <C>             <C>
 INITIAL -   1.000000  0.875000            0.875000     26.46                   5.30        5.00% -        33,247
 FINAL   -   1.000000  0.875000            0.875000     26.46                   5.30       10.00% -        27,891
 REMARKS -                                                                                 15.00% -        23,839
                                                                                           20.00% -        20,710
                                                                                           25.00% -        18,248
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF (A)   $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>      <C>              <C>       <C>           <C>             <C>         <C>        <C>       <C>
 2001     1           391           0           1             342           0           0.712      26.46     5.30
 2002     1           375           0           1             328           0           0.655      26.46     5.30
 2003     1           359           0           1             314           0           0.603      26.46     5.30
 2004     1           343           0           1             301           0           0.554      26.46     5.30
 2005     1           330           0           1             288           0           0.510      26.46     5.30
 2006     1           315           0           0             276           0           0.469      26.46     5.30
 2007     1           302           0           1             265           0           0.432      26.46     5.30
 2008     1           290           0           1             253           0           0.397      26.46     5.30
 2009     1           277           0           0             243           0           0.365      26.46     5.30
 2010     1           266           0           1             232           0           0.336      26.46     5.30
 2011     1           255           0           0             223           0           0.309      26.46     5.30
 2012     1           204           0           1             178           0           0.239      26.46     5.30
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL          3,707           0           9           3,243           0           5.581      26.46     5.30
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL              3,707           0           9           3,243           0           5.581      26.46     5.30

 CUMULATIVE        23,694           0         179    (A) NET GAS VOLUMES ACCOUNT FOR SURFACE LOSSES,
 ULTIMATE          27,401           0         188        SHRINKAGE FACTOR =  25.60 %
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>             <C>              <C>      <C>               <C>     <C>             <C>          <C>      <C>
 2001            9,053           0         3,773            0        12,826          14          12        12,800
 2002            8,673           0         3,471            0        12,144          14          10        12,120
 2003            8,309           0         3,193            0        11,502          14          10        11,478
 2004            7,960           0         2,938            0        10,898          12           9        10,877
 2005            7,626           0         2,702            0        10,328          13           9        10,306
 2006            7,305           0         2,487            0         9,792          11           8         9,773
 2007            6,998           0         2,288            0         9,286          11           7         9,268
 2008            6,705           0         2,104            0         8,809          11           6         8,792
 2009            6,423           0         1,936            0         8,359          10           6         8,343
 2010            6,153           0         1,782            0         7,935          10           6         7,919
 2011            5,895           0         1,639            0         7,534          10           5         7,519
 2012            4,722           0         1,265            0         5,987           7           4         5,976
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT        85,822           0        29,578            0       115,400         137          92       115,171
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL          85,822           0        29,578            0       115,400         137          92       115,171
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>           <C>              <C>         <C>         <C>      <C>            <C>           <C>           <C>
 2001          6,312           0           0           0         6,312          6,488         6,488         6,181
 2002          6,312           0           0           0         6,312          5,808        12,296         5,009
 2003          6,312           0           0           0         6,312          5,166        17,462         4,033
 2004          6,312           0           0           0         6,312          4,565        22,027         3,226
 2005          6,312           0           0           0         6,312          3,994        26,021         2,555
 2006          6,312           0           0           0         6,312          3,461        29,482         2,005
 2007          6,312           0           0           0         6,312          2,956        32,438         1,550
 2008          6,312           0           0           0         6,312          2,480        34,918         1,178
 2009          6,312           0           0           0         6,312          2,031        36,949           873
 2010          6,312           0           0           0         6,312          1,607        38,556           625
 2011          6,312           0           0           0         6,312          1,207        39,763           426
 2012          5,260           0           0           0         5,260            716        40,479           230
 2013              0           0           0           0             0              0        40,479             0
 2014              0           0           0           0             0              0        40,479             0
 2015              0           0           0           0             0              0        40,479             0

 SUBTOT       74,692           0           0           0        74,692         40,479                      27,891
 REMAIN            0           0           0           0             0              0        40,479             0
 TOTAL        74,692           0           0           0        74,692         40,479                      27,891

   LIFE OF EVALUATION IS 11.83 YEARS.
   FINAL PRODUCTION RATE: 20 BBLS/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

[LOGO OMITTED]  RYDER SCOTT COMPANY
                ---------------------
                PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 158
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>
 STREMEL FIELD, RUSH COUNTY, KANSAS                                                    OIL LEASE
   TENGASCO, INC. - OPERATOR   30-T16S-R16W                                            PROVED
     URBAN -D- #2   (KSSC-LNSG)                                                        PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>     <C>            <C>            <C>
 INITIAL -   1.000000  0.875000                         26.46                               5.00% -       138,752
 FINAL   -   1.000000  0.875000                         26.46                              10.00% -       105,407
 REMARKS -                                                                                 15.00% -        84,104
                                                                                           20.00% -        69,632
                                                                                           25.00% -        59,286
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>      <C>              <C>         <C>        <C>              <C>         <C>        <C>       <C>
 2001     2         1,201           0           0           1,050           0           0.000      26.46     0.00
 2002     2         1,148           0           0           1,006           0           0.000      26.46     0.00
 2003     2         1,100           0           0             962           0           0.000      26.46     0.00
 2004     2         1,052           0           0             921           0           0.000      26.46     0.00
 2005     2         1,007           0           0             881           0           0.000      26.46     0.00
 2006     2           964           0           0             843           0           0.000      26.46     0.00
 2007     2           922           0           0             807           0           0.000      26.46     0.00
 2008     2           883           0           0             772           0           0.000      26.46     0.00
 2009     2           844           0           0             739           0           0.000      26.46     0.00
 2010     2           809           0           0             708           0           0.000      26.46     0.00
 2011     2           773           0           0             676           0           0.000      26.46     0.00
 2012     2           741           0           0             648           0           0.000      26.46     0.00
 2013     2           708           0           0             620           0           0.000      26.46     0.00
 2014     2           678           0           0             593           0           0.000      26.46     0.00
 2015     2           649           0           0             568           0           0.000      26.46     0.00

 SUB-TOTAL         13,479           0           0          11,794           0           0.000      26.46     0.00
 REMAINDER          5,170           0           0           4,524           0           0.000      26.46     0.00
 TOTAL             18,649           0           0          16,318           0           0.000      26.46     0.00

 CUMULATIVE        56,903           0           0
 ULTIMATE          75,552           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>            <C>               <C>           <C>          <C>     <C>             <C>           <C>     <C>
 2001           27,796           0             0            0        27,796          44           0        27,752
 2002           26,600           0             0            0        26,600          43           0        26,557
 2003           25,457           0             0            0        25,457          41           0        25,416
 2004           24,361           0             0            0        24,361          39           0        24,322
 2005           23,315           0             0            0        23,315          37           0        23,278
 2006           22,312           0             0            0        22,312          36           0        22,276
 2007           21,352           0             0            0        21,352          34           0        21,318
 2008           20,434           0             0            0        20,434          33           0        20,401
 2009           19,556           0             0            0        19,556          31           0        19,525
 2010           18,715           0             0            0        18,715          30           0        18,685
 2011           17,910           0             0            0        17,910          28           0        17,882
 2012           17,140           0             0            0        17,140          28           0        17,112
 2013           16,402           0             0            0        16,402          26           0        16,376
 2014           15,698           0             0            0        15,698          25           0        15,673
 2015           15,022           0             0            0        15,022          24           0        14,998

 SUB-TOT       312,070           0             0            0       312,070         499           0       311,571
 REMAIN        119,697           0             0            0       119,697         192           0       119,505
 TOTAL         431,767           0             0            0       431,767         691           0       431,076
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>          <C>               <C>         <C>         <C>     <C>            <C>           <C>           <C>
 2001          9,420           0           0           0         9,420         18,332        18,332        17,458
 2002          9,420           0           0           0         9,420         17,137        35,469        14,774
 2003          9,420           0           0           0         9,420         15,996        51,465        12,483
 2004          9,420           0           0           0         9,420         14,902        66,367        10,527
 2005          9,420           0           0           0         9,420         13,858        80,225         8,861
 2006          9,420           0           0           0         9,420         12,856        93,081         7,442
 2007          9,420           0           0           0         9,420         11,898       104,979         6,235
 2008          9,420           0           0           0         9,420         10,981       115,960         5,209
 2009          9,420           0           0           0         9,420         10,105       126,065         4,339
 2010          9,420           0           0           0         9,420          9,265       135,330         3,601
 2011          9,420           0           0           0         9,420          8,462       143,792         2,978
 2012          9,420           0           0           0         9,420          7,692       151,484         2,450
 2013          9,420           0           0           0         9,420          6,956       158,440         2,006
 2014          9,420           0           0           0         9,420          6,253       164,693         1,632
 2015          9,420           0           0           0         9,420          5,578       170,271         1,318

 SUBTOT      141,300           0           0           0       141,300        170,271                     101,313
 REMAIN       94,985           0           0           0        94,985         24,520       194,791         4,094
 TOTAL       236,285           0           0           0       236,285        194,791                     105,407

   LIFE OF EVALUATION IS 25.08 YEARS.
   FINAL PRODUCTION RATE: 34 BBLS/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

[LOGO OMITTED]  RYDER SCOTT COMPANY
                ---------------------
                PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 159
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>
 THACKER FIELD, RUSSELL COUNTY, KANSAS                                                 OIL LEASE
   TENGASCO, INC. - OPERATOR   29-T13S-R13W                                            PROVED
     THACKER #2   (KC-LANSING)                                                         PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>     <C>            <C>            <C>
 INITIAL -   1.000000  0.847656                         26.46                               5.00% -       217,616
 FINAL   -   1.000000  0.847656                         26.46                              10.00% -       162,931
 REMARKS -                                                                                 15.00% -       127,729
                                                                                           20.00% -       103,989
                                                                                           25.00% -        87,267
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>      <C>              <C>         <C>        <C>              <C>         <C>        <C>       <C>
 2001     1         1,176           0           0             997           0           0.000      26.46     0.00
 2002     1         1,129           0           0             957           0           0.000      26.46     0.00
 2003     1         1,083           0           0             918           0           0.000      26.46     0.00
 2004     1         1,041           0           0             882           0           0.000      26.46     0.00
 2005     1           998           0           0             846           0           0.000      26.46     0.00
 2006     1           959           0           0             813           0           0.000      26.46     0.00
 2007     1           920           0           0             780           0           0.000      26.46     0.00
 2008     1           884           0           0             749           0           0.000      26.46     0.00
 2009     1           848           0           0             719           0           0.000      26.46     0.00
 2010     1           815           0           0             691           0           0.000      26.46     0.00
 2011     1           781           0           0             662           0           0.000      26.46     0.00
 2012     1           751           0           0             636           0           0.000      26.46     0.00
 2013     1           720           0           0             611           0           0.000      26.46     0.00
 2014     1           692           0           0             586           0           0.000      26.46     0.00
 2015     1           664           0           0             563           0           0.000      26.46     0.00

 SUB-TOTAL         13,461           0           0          11,410           0           0.000      26.46     0.00
 REMAINDER          1,237           0           0           1,049           0           0.000      26.46     0.00
 TOTAL             14,698           0           0          12,459           0           0.000      26.46     0.00

 CUMULATIVE        20,915           0           0
 ULTIMATE          35,613           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>            <C>               <C>           <C>          <C>     <C>             <C>           <C>     <C>
 2001           26,373           0             0            0        26,373          42           0        26,331
 2002           25,318           0             0            0        25,318          41           0        25,277
 2003           24,305           0             0            0        24,305          39           0        24,266
 2004           23,333           0             0            0        23,333          37           0        23,296
 2005           22,400           0             0            0        22,400          36           0        22,364
 2006           21,503           0             0            0        21,503          34           0        21,469
 2007           20,644           0             0            0        20,644          33           0        20,611
 2008           19,818           0             0            0        19,818          32           0        19,786
 2009           19,025           0             0            0        19,025          30           0        18,995
 2010           18,264           0             0            0        18,264          30           0        18,234
 2011           17,533           0             0            0        17,533          28           0        17,505
 2012           16,832           0             0            0        16,832          27           0        16,805
 2013           16,159           0             0            0        16,159          25           0        16,134
 2014           15,513           0             0            0        15,513          25           0        15,488
 2015           14,892           0             0            0        14,892          24           0        14,868

 SUB-TOT       301,912           0             0            0       301,912         483           0       301,429
 REMAIN         27,748           0             0            0        27,748          44           0        27,704
 TOTAL         329,660           0             0            0       329,660         527           0       329,133
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>           <C>              <C>         <C>         <C>      <C>           <C>           <C>           <C>
 2001          1,320           0           0           0         1,320         25,011        25,011        23,814
 2002          1,320           0           0           0         1,320         23,957        48,968        20,649
 2003          1,320           0           0           0         1,320         22,946        71,914        17,903
 2004          1,320           0           0           0         1,320         21,976        93,890        15,520
 2005          1,320           0           0           0         1,320         21,044       114,934        13,454
 2006          1,320           0           0           0         1,320         20,149       135,083        11,660
 2007          1,320           0           0           0         1,320         19,291       154,374        10,106
 2008          1,320           0           0           0         1,320         18,466       172,840         8,756
 2009          1,320           0           0           0         1,320         17,675       190,515         7,588
 2010          1,320           0           0           0         1,320         16,914       207,429         6,572
 2011          1,320           0           0           0         1,320         16,185       223,614         5,693
 2012          1,320           0           0           0         1,320         15,485       239,099         4,930
 2013          1,320           0           0           0         1,320         14,814       253,913         4,270
 2014          1,320           0           0           0         1,320         14,168       268,081         3,696
 2015          1,320           0           0           0         1,320         13,548       281,629         3,200

 SUBTOT       19,800           0           0           0        19,800        281,629                     157,811
 REMAIN        2,613           0           0           0         2,613         25,091       306,720         5,120
 TOTAL        22,413           0           0           0        22,413        306,720                     162,931

   LIFE OF EVALUATION IS 16.98 YEARS.
   FINAL PRODUCTION RATE: 50 BBLS/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

[LOGO OMITTED]  RYDER SCOTT COMPANY
                ---------------------
                PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 160
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>
 TRAPP FIELD, BARTON COUNTY, KANSAS                                                    OIL LEASE
   TENGASCO, INC. - OPERATOR   16-T16S-R13W                                            PROVED
     DEUTSCH   (ARBUCKLE)                                                              PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>     <C>            <C>                  <C>
 INITIAL -   1.000000                                                                       5.00% -             0
 FINAL   -   1.000000                                                                      10.00% -             0
 REMARKS -                                                                                 15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>   <C>          <C>              <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2001                   0           0           0               0           0           0.000       0.00     0.00
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE        16,371           0           0
 ULTIMATE          16,371           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2001                0           0             0            0             0           0           0             0
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2001              0           0           0           0             0              0             0             0
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0 BBLS/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

[LOGO OMITTED]  RYDER SCOTT COMPANY
                ---------------------
                PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 161
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>
 TRAPP FIELD, BARTON COUNTY, KANSAS                                                    OIL LEASE
   TENGASCO, INC. - OPERATOR   8-T16S-R13W                                             PROVED
     HOWLIER #1   (ARBUCKLE)                                                           PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>     <C>            <C>             <C>
 INITIAL -   0.937000  0.768633                         26.46                               5.00% -        90,457
 FINAL   -   0.937000  0.768633                         26.46                              10.00% -        81,205
 REMARKS -                                                                                 15.00% -        73,579
                                                                                           20.00% -        67,214
                                                                                           25.00% -        61,839
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>      <C>              <C>         <C>         <C>             <C>         <C>        <C>       <C>
 2001     1         1,807           0           0           1,389           0           0.000      26.46     0.00
 2002     1         1,320           0           0           1,015           0           0.000      26.46     0.00
 2003     1         1,008           0           0             774           0           0.000      26.46     0.00
 2004     1           794           0           0             611           0           0.000      26.46     0.00
 2005     1           643           0           0             494           0           0.000      26.46     0.00
 2006     1           530           0           0             407           0           0.000      26.46     0.00
 2007     1           445           0           0             342           0           0.000      26.46     0.00
 2008     1           379           0           0             292           0           0.000      26.46     0.00
 2009     1           327           0           0             251           0           0.000      26.46     0.00
 2010     1           284           0           0             218           0           0.000      26.46     0.00
 2011     1           108           0           0              83           0           0.000      26.46     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL          7,645           0           0           5,876           0           0.000      26.46     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL              7,645           0           0           5,876           0           0.000      26.46     0.00

 CUMULATIVE        16,411           0           0
 ULTIMATE          24,056           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>            <C>               <C>           <C>          <C>     <C>             <C>           <C>     <C>
 2001           36,744           0             0            0        36,744          59           0        36,685
 2002           26,859           0             0            0        26,859          43           0        26,816
 2003           20,495           0             0            0        20,495          33           0        20,462
 2004           16,155           0             0            0        16,155          25           0        16,130
 2005           13,064           0             0            0        13,064          21           0        13,043
 2006           10,784           0             0            0        10,784          18           0        10,766
 2007            9,053           0             0            0         9,053          14           0         9,039
 2008            7,709           0             0            0         7,709          12           0         7,697
 2009            6,645           0             0            0         6,645          11           0         6,634
 2010            5,786           0             0            0         5,786           9           0         5,777
 2011            2,196           0             0            0         2,196           4           0         2,192
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT       155,490           0             0            0       155,490         249           0       155,241
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL         155,490           0             0            0       155,490         249           0       155,241
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>           <C>              <C>         <C>         <C>      <C>           <C>           <C>            <C>
 2001          5,127           0           0           0         5,127         31,558        31,558        30,135
 2002          5,128           0           0           0         5,128         21,688        53,246        18,741
 2003          5,127           0           0           0         5,127         15,335        68,581        11,993
 2004          5,127           0           0           0         5,127         11,003        79,584         7,789
 2005          5,127           0           0           0         5,127          7,916        87,500         5,073
 2006          5,128           0           0           0         5,128          5,638        93,138         3,271
 2007          5,127           0           0           0         5,127          3,912        97,050         2,055
 2008          5,127           0           0           0         5,127          2,570        99,620         1,223
 2009          5,127           0           0           0         5,127          1,507       101,127           650
 2010          5,128           0           0           0         5,128            649       101,776           255
 2011          2,136           0           0           0         2,136             56       101,832            20
 2012              0           0           0           0             0              0       101,832             0
 2013              0           0           0           0             0              0       101,832             0
 2014              0           0           0           0             0              0       101,832             0
 2015              0           0           0           0             0              0       101,832             0

 SUBTOT       53,409           0           0           0        53,409        101,832                      81,205
 REMAIN            0           0           0           0             0              0       101,832             0
 TOTAL        53,409           0           0           0        53,409        101,832                      81,205

   LIFE OF EVALUATION IS 10.42 YEARS.
   FINAL PRODUCTION RATE: 21 BBLS/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

[LOGO OMITTED]  RYDER SCOTT COMPANY
                ---------------------
                PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 162
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>
 WEBSTER FIELD, ROOKS COUNTY, KANSAS                                                   OIL LEASE
   TENGASCO, INC. - OPERATOR   33-T8S-R19W                                             PROVED
     CERROW-CERROW -A-   (ARBUCKLE)                                                    PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>     <C>            <C>            <C>
 INITIAL -   1.000000  0.875000                         26.46                               5.00% -       174,963
 FINAL   -   1.000000  0.875000                         26.46                              10.00% -       128,115
 REMARKS -                                                                                 15.00% -        99,955
                                                                                           20.00% -        81,592
                                                                                           25.00% -        68,819
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>      <C>              <C>         <C>        <C>              <C>         <C>        <C>       <C>
 2001     1         1,350           0           0           1,181           0           0.000      26.46     0.00
 2002     1         1,302           0           0           1,139           0           0.000      26.46     0.00
 2003     1         1,255           0           0           1,099           0           0.000      26.46     0.00
 2004     1         1,212           0           0           1,060           0           0.000      26.46     0.00
 2005     1         1,168           0           0           1,022           0           0.000      26.46     0.00
 2006     1         1,126           0           0             986           0           0.000      26.46     0.00
 2007     1         1,087           0           0             950           0           0.000      26.46     0.00
 2008     1         1,048           0           0             917           0           0.000      26.46     0.00
 2009     1         1,011           0           0             885           0           0.000      26.46     0.00
 2010     1           975           0           0             853           0           0.000      26.46     0.00
 2011     1           940           0           0             823           0           0.000      26.46     0.00
 2012     1           907           0           0             794           0           0.000      26.46     0.00
 2013     1           875           0           0             765           0           0.000      26.46     0.00
 2014     1           844           0           0             738           0           0.000      26.46     0.00
 2015     1           813           0           0             712           0           0.000      26.46     0.00

 SUB-TOTAL         15,913           0           0          13,924           0           0.000      26.46     0.00
 REMAINDER          9,331           0           0           8,165           0           0.000      26.46     0.00
 TOTAL             25,244           0           0          22,089           0           0.000      26.46     0.00

 CUMULATIVE        71,230           0           0
 ULTIMATE          96,474           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>            <C>               <C>           <C>          <C>     <C>             <C>           <C>     <C>
 2001           31,252           0             0            0        31,252          50           0        31,202
 2002           30,142           0             0            0        30,142          48           0        30,094
 2003           29,072           0             0            0        29,072          47           0        29,025
 2004           28,040           0             0            0        28,040          45           0        27,995
 2005           27,045           0             0            0        27,045          43           0        27,002
 2006           26,084           0             0            0        26,084          42           0        26,042
 2007           25,159           0             0            0        25,159          40           0        25,119
 2008           24,266           0             0            0        24,266          39           0        24,227
 2009           23,404           0             0            0        23,404          37           0        23,367
 2010           22,573           0             0            0        22,573          36           0        22,537
 2011           21,772           0             0            0        21,772          35           0        21,737
 2012           20,999           0             0            0        20,999          34           0        20,965
 2013           20,253           0             0            0        20,253          32           0        20,221
 2014           19,535           0             0            0        19,535          31           0        19,504
 2015           18,841           0             0            0        18,841          30           0        18,811

 SUB-TOT       368,437           0             0            0       368,437         589           0       367,848
 REMAIN        216,025           0             0            0       216,025         346           0       215,679
 TOTAL         584,462           0             0            0       584,462         935           0       583,527
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>          <C>               <C>         <C>         <C>     <C>            <C>           <C>           <C>
 2001         10,692           0           0           0        10,692         20,510        20,510        19,531
 2002         10,692           0           0           0        10,692         19,402        39,912        16,724
 2003         10,692           0           0           0        10,692         18,333        58,245        14,305
 2004         10,692           0           0           0        10,692         17,303        75,548        12,222
 2005         10,692           0           0           0        10,692         16,310        91,858        10,429
 2006         10,692           0           0           0        10,692         15,350       107,208         8,884
 2007         10,692           0           0           0        10,692         14,427       121,635         7,559
 2008         10,692           0           0           0        10,692         13,535       135,170         6,419
 2009         10,692           0           0           0        10,692         12,675       147,845         5,442
 2010         10,692           0           0           0        10,692         11,845       159,690         4,604
 2011         10,692           0           0           0        10,692         11,045       170,735         3,886
 2012         10,692           0           0           0        10,692         10,273       181,008         3,271
 2013         10,692           0           0           0        10,692          9,529       190,537         2,747
 2014         10,692           0           0           0        10,692          8,812       199,349         2,300
 2015         10,692           0           0           0        10,692          8,119       207,468         1,918

 SUBTOT      160,380           0           0           0       160,380        207,468                     120,241
 REMAIN      162,162           0           0           0       162,162         53,517       260,985         7,874
 TOTAL       322,542           0           0           0       322,542        260,985                     128,115

   LIFE OF EVALUATION IS 30.17 YEARS.
   FINAL PRODUCTION RATE: 39 BBLS/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

[LOGO OMITTED]  RYDER SCOTT COMPANY
                ---------------------
                PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 163
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>
 WEBSTER FIELD, ROOKS COUNTY, KANSAS                                                   OIL LEASE
   TENGASCO, INC. - OPERATOR   33-T8S-R19W                                             PROVED
     LOWRY #1   (ARBUCKLE)                                                             PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>     <C>            <C>             <C>
 INITIAL -   1.000000  0.847656                         26.46                               5.00% -        16,965
 FINAL   -   1.000000  0.847656                         26.46                              10.00% -        15,493
 REMARKS -                                                                                 15.00% -        14,219
                                                                                           20.00% -        13,110
                                                                                           25.00% -        12,140
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>      <C>              <C>         <C>         <C>             <C>         <C>        <C>       <C>
 2001     1           699           0           0             593           0           0.000      26.46     0.00
 2002     1           644           0           0             545           0           0.000      26.46     0.00
 2003     1           591           0           0             502           0           0.000      26.46     0.00
 2004     1           545           0           0             461           0           0.000      26.46     0.00
 2005     1           501           0           0             425           0           0.000      26.46     0.00
 2006     1           461           0           0             391           0           0.000      26.46     0.00
 2007     1            73           0           0              62           0           0.000      26.46     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL          3,514           0           0           2,979           0           0.000      26.46     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL              3,514           0           0           2,979           0           0.000      26.46     0.00

 CUMULATIVE        18,787           0           0
 ULTIMATE          22,301           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>             <C>              <C>           <C>          <C>      <C>            <C>           <C>      <C>
 2001           15,684           0             0            0        15,684          25           0        15,659
 2002           14,429           0             0            0        14,429          23           0        14,406
 2003           13,275           0             0            0        13,275          21           0        13,254
 2004           12,213           0             0            0        12,213          20           0        12,193
 2005           11,236           0             0            0        11,236          18           0        11,218
 2006           10,337           0             0            0        10,337          16           0        10,321
 2007            1,641           0             0            0         1,641           3           0         1,638
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT        78,815           0             0            0        78,815         126           0        78,689
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL          78,815           0             0            0        78,815         126           0        78,689
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>           <C>              <C>         <C>         <C>      <C>            <C>           <C>           <C>
 2001          9,732           0           0           0         9,732          5,927         5,927         5,652
 2002          9,732           0           0           0         9,732          4,674        10,601         4,035
 2003          9,732           0           0           0         9,732          3,522        14,123         2,754
 2004          9,732           0           0           0         9,732          2,461        16,584         1,744
 2005          9,732           0           0           0         9,732          1,486        18,070           954
 2006          9,732           0           0           0         9,732            589        18,659           345
 2007          1,622           0           0           0         1,622             16        18,675             9
 2008              0           0           0           0             0              0        18,675             0
 2009              0           0           0           0             0              0        18,675             0
 2010              0           0           0           0             0              0        18,675             0
 2011              0           0           0           0             0              0        18,675             0
 2012              0           0           0           0             0              0        18,675             0
 2013              0           0           0           0             0              0        18,675             0
 2014              0           0           0           0             0              0        18,675             0
 2015              0           0           0           0             0              0        18,675             0

 SUBTOT       60,014           0           0           0        60,014         18,675                      15,493
 REMAIN            0           0           0           0             0              0        18,675             0
 TOTAL        60,014           0           0           0        60,014         18,675                      15,493

   LIFE OF EVALUATION IS 6.17 YEARS.
   FINAL PRODUCTION RATE: 36 BBLS/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

[LOGO OMITTED]  RYDER SCOTT COMPANY
                ---------------------
                PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 164
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>
 WERTH NORTH FIELD, ELLIS COUNTY, KANSAS                                               OIL LEASE
   TENGASCO, INC. - OPERATOR   34-T12S-R20W                                            PROVED
     SCHNELLER   (ABCK-LNSG)                                                           PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>     <C>            <C>            <C>
 INITIAL -   1.000000  0.820313                         26.46                               5.00% -       162,889
 FINAL   -   1.000000  0.820313                         26.46                              10.00% -       130,735
 REMARKS -                                                                                 15.00% -       108,192
                                                                                           20.00% -        91,804
                                                                                           25.00% -        79,501
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>     <C>               <C>         <C>        <C>              <C>         <C>        <C>       <C>
 2001     3         2,035           0           0           1,670           0           0.000      26.46     0.00
 2002     3         1,934           0           0           1,586           0           0.000      26.46     0.00
 2003     3         1,837           0           0           1,507           0           0.000      26.46     0.00
 2004     3         1,745           0           0           1,431           0           0.000      26.46     0.00
 2005     3         1,658           0           0           1,360           0           0.000      26.46     0.00
 2006     3         1,575           0           0           1,292           0           0.000      26.46     0.00
 2007     3         1,497           0           0           1,228           0           0.000      26.46     0.00
 2008     3         1,421           0           0           1,166           0           0.000      26.46     0.00
 2009     3         1,350           0           0           1,108           0           0.000      26.46     0.00
 2010     3         1,283           0           0           1,052           0           0.000      26.46     0.00
 2011     3         1,219           0           0           1,000           0           0.000      26.46     0.00
 2012     3         1,158           0           0             949           0           0.000      26.46     0.00
 2013     3         1,100           0           0             903           0           0.000      26.46     0.00
 2014     3         1,044           0           0             857           0           0.000      26.46     0.00
 2015     3           993           0           0             814           0           0.000      26.46     0.00

 SUB-TOTAL         21,849           0           0          17,923           0           0.000      26.46     0.00
 REMAINDER          2,828           0           0           2,320           0           0.000      26.46     0.00
 TOTAL             24,677           0           0          20,243           0           0.000      26.46     0.00

 CUMULATIVE       168,213           0           0
 ULTIMATE         192,890           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>            <C>               <C>           <C>          <C>     <C>             <C>           <C>     <C>
 2001           44,181           0             0            0        44,181          71           0        44,110
 2002           41,972           0             0            0        41,972          67           0        41,905
 2003           39,873           0             0            0        39,873          64           0        39,809
 2004           37,880           0             0            0        37,880          60           0        37,820
 2005           35,985           0             0            0        35,985          58           0        35,927
 2006           34,186           0             0            0        34,186          55           0        34,131
 2007           32,477           0             0            0        32,477          51           0        32,426
 2008           30,854           0             0            0        30,854          50           0        30,804
 2009           29,310           0             0            0        29,310          47           0        29,263
 2010           27,845           0             0            0        27,845          44           0        27,801
 2011           26,453           0             0            0        26,453          43           0        26,410
 2012           25,130           0             0            0        25,130          40           0        25,090
 2013           23,873           0             0            0        23,873          38           0        23,835
 2014           22,680           0             0            0        22,680          36           0        22,644
 2015           21,546           0             0            0        21,546          35           0        21,511

 SUB-TOT       474,245           0             0            0       474,245         759           0       473,486
 REMAIN         61,375           0             0            0        61,375          98           0        61,277
 TOTAL         535,620           0             0            0       535,620         857           0       534,763
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>          <C>               <C>         <C>         <C>     <C>            <C>           <C>           <C>
 2001         17,844           0           0           0        17,844         26,266        26,266        25,018
 2002         17,844           0           0           0        17,844         24,061        50,327        20,746
 2003         17,844           0           0           0        17,844         21,965        72,292        17,145
 2004         17,844           0           0           0        17,844         19,976        92,268        14,114
 2005         17,844           0           0           0        17,844         18,083       110,351        11,566
 2006         17,844           0           0           0        17,844         16,287       126,638         9,431
 2007         17,844           0           0           0        17,844         14,582       141,220         7,643
 2008         17,844           0           0           0        17,844         12,960       154,180         6,150
 2009         17,844           0           0           0        17,844         11,419       165,599         4,905
 2010         17,844           0           0           0        17,844          9,957       175,556         3,872
 2011         17,844           0           0           0        17,844          8,566       184,122         3,016
 2012         17,844           0           0           0        17,844          7,246       191,368         2,309
 2013         17,844           0           0           0        17,844          5,991       197,359         1,729
 2014         17,844           0           0           0        17,844          4,800       202,159         1,255
 2015         17,844           0           0           0        17,844          3,667       205,826           867

 SUBTOT      267,660           0           0           0       267,660        205,826                     129,766
 REMAIN       56,506           0           0           0        56,506          4,771       210,597           969
 TOTAL       324,166           0           0           0       324,166        210,597                     130,735

   LIFE OF EVALUATION IS 18.17 YEARS.
   FINAL PRODUCTION RATE: 69 BBLS/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

[LOGO OMITTED]  RYDER SCOTT COMPANY
                ---------------------
                PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 165
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>
 WESTHUSIN FIELD, ROOKS COUNTY, KANSAS                                                 OIL LEASE
   TENGASCO, INC. - OPERATOR   18-T9S-R16W                                             PROVED
     DOUGHERTY EAST #1   (LANSING)                                                     PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>     <C>            <C>             <C>
 INITIAL -   0.934400  0.766500                         26.46                               5.00% -        70,235
 FINAL   -   0.934400  0.766500                         26.46                              10.00% -        54,832
 REMARKS -                                                                                 15.00% -        44,230
                                                                                           20.00% -        36,698
                                                                                           25.00% -        31,181
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>      <C>              <C>         <C>         <C>             <C>         <C>        <C>       <C>
 2001     1           723           0           0             554           0           0.000      26.46     0.00
 2002     1           701           0           0             538           0           0.000      26.46     0.00
 2003     1           680           0           0             521           0           0.000      26.46     0.00
 2004     1           660           0           0             506           0           0.000      26.46     0.00
 2005     1           640           0           0             490           0           0.000      26.46     0.00
 2006     1           621           0           0             476           0           0.000      26.46     0.00
 2007     1           602           0           0             462           0           0.000      26.46     0.00
 2008     1           584           0           0             447           0           0.000      26.46     0.00
 2009     1           567           0           0             435           0           0.000      26.46     0.00
 2010     1           550           0           0             421           0           0.000      26.46     0.00
 2011     1           533           0           0             409           0           0.000      26.46     0.00
 2012     1           517           0           0             396           0           0.000      26.46     0.00
 2013     1           501           0           0             385           0           0.000      26.46     0.00
 2014     1           461           0           0             353           0           0.000      26.46     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL          8,340           0           0           6,393           0           0.000      26.46     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL              8,340           0           0           6,393           0           0.000      26.46     0.00

 CUMULATIVE        42,601           0           0
 ULTIMATE          50,941           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>            <C>               <C>           <C>          <C>     <C>             <C>           <C>     <C>
 2001           14,662           0             0            0        14,662          23           0        14,639
 2002           14,223           0             0            0        14,223          23           0        14,200
 2003           13,796           0             0            0        13,796          22           0        13,774
 2004           13,382           0             0            0        13,382          22           0        13,360
 2005           12,980           0             0            0        12,980          20           0        12,960
 2006           12,591           0             0            0        12,591          21           0        12,570
 2007           12,213           0             0            0        12,213          19           0        12,194
 2008           11,847           0             0            0        11,847          19           0        11,828
 2009           11,492           0             0            0        11,492          18           0        11,474
 2010           11,146           0             0            0        11,146          18           0        11,128
 2011           10,813           0             0            0        10,813          18           0        10,795
 2012           10,488           0             0            0        10,488          16           0        10,472
 2013           10,173           0             0            0        10,173          17           0        10,156
 2014            9,342           0             0            0         9,342          15           0         9,327
 2015                0           0             0            0             0           0           0             0

 SUB-TOT       169,148           0             0            0       169,148         271           0       168,877
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL         169,148           0             0            0       169,148         271           0       168,877
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>           <C>              <C>         <C>         <C>      <C>            <C>           <C>           <C>
 2001          5,416           0           0           0         5,416          9,223         9,223         8,782
 2002          5,416           0           0           0         5,416          8,784        18,007         7,571
 2003          5,415           0           0           0         5,415          8,359        26,366         6,523
 2004          5,416           0           0           0         5,416          7,944        34,310         5,610
 2005          5,416           0           0           0         5,416          7,544        41,854         4,824
 2006          5,416           0           0           0         5,416          7,154        49,008         4,140
 2007          5,415           0           0           0         5,415          6,779        55,787         3,552
 2008          5,416           0           0           0         5,416          6,412        62,199         3,040
 2009          5,416           0           0           0         5,416          6,058        68,257         2,601
 2010          5,416           0           0           0         5,416          5,712        73,969         2,220
 2011          5,416           0           0           0         5,416          5,379        79,348         1,892
 2012          5,415           0           0           0         5,415          5,057        84,405         1,611
 2013          5,416           0           0           0         5,416          4,740        89,145         1,366
 2014          5,123           0           0           0         5,123          4,204        93,349         1,100
 2015              0           0           0           0             0              0        93,349             0

 SUBTOT       75,528           0           0           0        75,528         93,349                      54,832
 REMAIN            0           0           0           0             0              0        93,349             0
 TOTAL        75,528           0           0           0        75,528         93,349                      54,832

   LIFE OF EVALUATION IS 13.95 YEARS.
   FINAL PRODUCTION RATE: 40 BBLS/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

[LOGO OMITTED]  RYDER SCOTT COMPANY
                ---------------------
                PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 166
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>
 WESTHUSIN FIELD, ROOKS COUNTY, KANSAS                                                 OIL LEASE
   TENGASCO, INC. - OPERATOR   18-T9S-R16W                                             PROVED
     DOUGHERTY EAST #1 BP   (ARBUCKLE)                                                 PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>     <C>            <C>             <C>
 INITIAL -   0.934400  0.766500                         26.46                               5.00% -        20,007
 FINAL   -   0.934400  0.766500                         26.46                              10.00% -        11,294
 REMARKS -                                                                                 15.00% -         6,391
                                                                                           20.00% -         3,624
                                                                                           25.00% -         2,059
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>   <C>           <C>             <C>         <C>         <C>             <C>         <C>        <C>       <C>
 2001                   0           0           0               0           0           0.000       0.00     0.00
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010     1           640           0           0             491           0           0.000      26.46     0.00
 2011     1           960           0           0             735           0           0.000      26.46     0.00
 2012     1           960           0           0             736           0           0.000      26.46     0.00
 2013     1           640           0           0             491           0           0.000      26.46     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL          3,200           0           0           2,453           0           0.000      26.46     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL              3,200           0           0           2,453           0           0.000      26.46     0.00

 CUMULATIVE             0           0           0
 ULTIMATE           3,200           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>             <C>              <C>           <C>          <C>      <C>            <C>           <C>      <C>
 2001                0           0             0            0             0           0           0             0
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010           12,980           0             0            0        12,980          21           0        12,959
 2011           19,471           0             0            0        19,471          31           0        19,440
 2012           19,470           0             0            0        19,470          31           0        19,439
 2013           12,980           0             0            0        12,980          21           0        12,959
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT        64,901           0             0            0        64,901         104           0        64,797
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL          64,901           0             0            0        64,901         104           0        64,797
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>           <C>              <C>    <C>              <C>      <C>            <C>           <C>           <C>
 2001              0           0           0           0             0              0             0             0
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010          3,611           0      11,213           0        14,824         -1,865        -1,865          -838
 2011          5,415           0           0           0         5,415         14,025        12,160         4,932
 2012          5,416           0           0           0         5,416         14,023        26,183         4,463
 2013          3,611           0           0           0         3,611          9,348        35,531         2,737
 2014              0           0           0           0             0              0        35,531             0
 2015              0           0           0           0             0              0        35,531             0

 SUBTOT       18,053           0      11,213           0        29,266         35,531                      11,294
 REMAIN            0           0           0           0             0              0        35,531             0
 TOTAL        18,053           0      11,213           0        29,266         35,531                      11,294

   LIFE OF EVALUATION IS 12.67 YEARS.
   FINAL PRODUCTION RATE: 80 BBLS/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

[LOGO OMITTED]  RYDER SCOTT COMPANY
                ---------------------
                PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 167
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>
 WESTHUSIN FIELD, ROOKS COUNTY, KANSAS                                                 OIL LEASE
   TENGASCO, INC. - OPERATOR   18-T9S-R16W                                             PROVED
     DOUGHERTY EAST #2 PUD   (ARBUCKLE)                                                PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>     <C>            <C>                  <C>
 INITIAL -   0.934400                                                                       5.00% -             0
 FINAL   -   0.934400                                                                      10.00% -             0
 REMARKS -                                                                                 15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>   <C>               <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2001                   0           0           0               0           0           0.000       0.00     0.00
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE             0           0           0
 ULTIMATE               0           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2001                0           0             0            0             0           0           0             0
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2001              0           0           0           0             0              0             0             0
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0 BBLS/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

[LOGO OMITTED]  RYDER SCOTT COMPANY
                ---------------------
                PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 168
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>
 YOHE FIELD, ROOKS COUNTY, KANSAS                                                      OIL LEASE
   TENGASCO, INC. - OPERATOR   33-T8S-R18W                                             PROVED
     FINNESY   (LANSING)                                                               PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>     <C>            <C>            <C>
 INITIAL -   1.000000  0.875000                         26.46                               5.00% -       211,530
 FINAL   -   1.000000  0.875000                         26.46                              10.00% -       165,716
 REMARKS -                                                                                 15.00% -       134,826
                                                                                           20.00% -       113,034
                                                                                           25.00% -        97,040
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>     <C>               <C>         <C>        <C>              <C>         <C>        <C>       <C>
 2001     3         2,318           0           0           2,028           0           0.000      26.46     0.00
 2002     3         2,220           0           0           1,943           0           0.000      26.46     0.00
 2003     3         2,129           0           0           1,862           0           0.000      26.46     0.00
 2004     3         2,039           0           0           1,785           0           0.000      26.46     0.00
 2005     3         1,955           0           0           1,710           0           0.000      26.46     0.00
 2006     3         1,873           0           0           1,639           0           0.000      26.46     0.00
 2007     3         1,795           0           0           1,571           0           0.000      26.46     0.00
 2008     3         1,720           0           0           1,505           0           0.000      26.46     0.00
 2009     3         1,648           0           0           1,442           0           0.000      26.46     0.00
 2010     3         1,579           0           0           1,382           0           0.000      26.46     0.00
 2011     3         1,514           0           0           1,324           0           0.000      26.46     0.00
 2012     3         1,451           0           0           1,270           0           0.000      26.46     0.00
 2013     3         1,390           0           0           1,216           0           0.000      26.46     0.00
 2014     3         1,332           0           0           1,166           0           0.000      26.46     0.00
 2015     3         1,277           0           0           1,117           0           0.000      26.46     0.00

 SUB-TOTAL         26,240           0           0          22,960           0           0.000      26.46     0.00
 REMAINDER          6,291           0           0           5,504           0           0.000      26.46     0.00
 TOTAL             32,531           0           0          28,464           0           0.000      26.46     0.00

 CUMULATIVE        89,831           0           0
 ULTIMATE         122,362           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>            <C>               <C>           <C>          <C>     <C>           <C>             <C>     <C>
 2001           53,657           0             0            0        53,657          86           0        53,571
 2002           51,419           0             0            0        51,419          82           0        51,337
 2003           49,275           0             0            0        49,275          79           0        49,196
 2004           47,220           0             0            0        47,220          76           0        47,144
 2005           45,251           0             0            0        45,251          72           0        45,179
 2006           43,364           0             0            0        43,364          69           0        43,295
 2007           41,556           0             0            0        41,556          67           0        41,489
 2008           39,823           0             0            0        39,823          64           0        39,759
 2009           38,163           0             0            0        38,163          61           0        38,102
 2010           36,571           0             0            0        36,571          58           0        36,513
 2011           35,046           0             0            0        35,046          56           0        34,990
 2012           33,584           0             0            0        33,584          54           0        33,530
 2013           32,185           0             0            0        32,185          51           0        32,134
 2014           30,842           0             0            0        30,842          50           0        30,792
 2015           29,556           0             0            0        29,556          47           0        29,509

 SUB-TOT       607,512           0             0            0       607,512         972           0       606,540
 REMAIN        145,657           0             0            0       145,657         233           0       145,424
 TOTAL         753,169           0             0            0       753,169       1,205           0       751,964
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>          <C>               <C>         <C>         <C>     <C>            <C>           <C>           <C>
 2001         22,692           0           0           0        22,692         30,879        30,879        29,409
 2002         22,692           0           0           0        22,692         28,645        59,524        24,696
 2003         22,692           0           0           0        22,692         26,504        86,028        20,685
 2004         22,692           0           0           0        22,692         24,452       110,480        17,274
 2005         22,692           0           0           0        22,692         22,487       132,967        14,382
 2006         22,692           0           0           0        22,692         20,603       153,570        11,927
 2007         22,692           0           0           0        22,692         18,797       172,367         9,851
 2008         22,692           0           0           0        22,692         17,067       189,434         8,097
 2009         22,692           0           0           0        22,692         15,410       204,844         6,618
 2010         22,692           0           0           0        22,692         13,821       218,665         5,374
 2011         22,692           0           0           0        22,692         12,298       230,963         4,328
 2012         22,692           0           0           0        22,692         10,838       241,801         3,454
 2013         22,692           0           0           0        22,692          9,442       251,243         2,723
 2014         22,692           0           0           0        22,692          8,100       259,343         2,115
 2015         22,692           0           0           0        22,692          6,817       266,160         1,612

 SUBTOT      340,380           0           0           0       340,380        266,160                     162,545
 REMAIN      128,588           0           0           0       128,588         16,836       282,996         3,171
 TOTAL       468,968           0           0           0       468,968        282,996                     165,716

   LIFE OF EVALUATION IS 20.67 YEARS.
   FINAL PRODUCTION RATE: 82 BBLS/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

[LOGO OMITTED]  RYDER SCOTT COMPANY
                ---------------------
                PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 169
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>
 YOHE FIELD, ROOKS COUNTY, KANSAS                                                      OIL LEASE
   TENGASCO, INC. - OPERATOR   33-T8S-R18W                                             PROVED
     MOSHER   (LANSING)                                                                PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>     <C>            <C>            <C>
 INITIAL -   1.000000  0.875000                         26.46                               5.00% -       297,780
 FINAL   -   1.000000  0.875000                         26.46                              10.00% -       233,392
 REMARKS -                                                                                 15.00% -       190,305
                                                                                           20.00% -       159,998
                                                                                           25.00% -       137,755
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>      <C>              <C>         <C>        <C>              <C>         <C>        <C>       <C>
 2001     2         2,520           0           0           2,205           0           0.000      26.46     0.00
 2002     2         2,356           0           0           2,061           0           0.000      26.46     0.00
 2003     2         2,202           0           0           1,928           0           0.000      26.46     0.00
 2004     2         2,060           0           0           1,802           0           0.000      26.46     0.00
 2005     2         1,926           0           0           1,685           0           0.000      26.46     0.00
 2006     2         1,800           0           0           1,575           0           0.000      26.46     0.00
 2007     2         1,684           0           0           1,473           0           0.000      26.46     0.00
 2008     2         1,574           0           0           1,378           0           0.000      26.46     0.00
 2009     2         1,472           0           0           1,287           0           0.000      26.46     0.00
 2010     2         1,376           0           0           1,205           0           0.000      26.46     0.00
 2011     2         1,286           0           0           1,125           0           0.000      26.46     0.00
 2012     2         1,203           0           0           1,053           0           0.000      26.46     0.00
 2013     2         1,125           0           0             984           0           0.000      26.46     0.00
 2014     2         1,052           0           0             921           0           0.000      26.46     0.00
 2015     2           983           0           0             860           0           0.000      26.46     0.00

 SUB-TOTAL         24,619           0           0          21,542           0           0.000      26.46     0.00
 REMAINDER          5,601           0           0           4,900           0           0.000      26.46     0.00
 TOTAL             30,220           0           0          26,442           0           0.000      26.46     0.00

 CUMULATIVE        65,369           0           0
 ULTIMATE          95,589           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>            <C>               <C>           <C>          <C>     <C>           <C>             <C>     <C>
 2001           58,337           0             0            0        58,337          93           0        58,244
 2002           54,546           0             0            0        54,546          88           0        54,458
 2003           51,000           0             0            0        51,000          81           0        50,919
 2004           47,685           0             0            0        47,685          77           0        47,608
 2005           44,585           0             0            0        44,585          71           0        44,514
 2006           41,687           0             0            0        41,687          67           0        41,620
 2007           38,978           0             0            0        38,978          62           0        38,916
 2008           36,444           0             0            0        36,444          58           0        36,386
 2009           34,076           0             0            0        34,076          55           0        34,021
 2010           31,860           0             0            0        31,860          51           0        31,809
 2011           29,789           0             0            0        29,789          47           0        29,742
 2012           27,854           0             0            0        27,854          45           0        27,809
 2013           26,042           0             0            0        26,042          42           0        26,000
 2014           24,350           0             0            0        24,350          39           0        24,311
 2015           22,767           0             0            0        22,767          36           0        22,731

 SUB-TOT       570,000           0             0            0       570,000         912           0       569,088
 REMAIN        129,666           0             0            0       129,666         207           0       129,459
 TOTAL         699,666           0             0            0       699,666       1,119           0       698,547
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>          <C>               <C>         <C>         <C>     <C>            <C>           <C>           <C>
 2001         13,284           0           0           0        13,284         44,960        44,960        42,824
 2002         13,284           0           0           0        13,284         41,174        86,134        35,502
 2003         13,284           0           0           0        13,284         37,635       123,769        29,374
 2004         13,284           0           0           0        13,284         34,324       158,093        24,252
 2005         13,284           0           0           0        13,284         31,230       189,323        19,974
 2006         13,284           0           0           0        13,284         28,336       217,659        16,406
 2007         13,284           0           0           0        13,284         25,632       243,291        13,434
 2008         13,284           0           0           0        13,284         23,102       266,393        10,960
 2009         13,284           0           0           0        13,284         20,737       287,130         8,907
 2010         13,284           0           0           0        13,284         18,525       305,655         7,202
 2011         13,284           0           0           0        13,284         16,458       322,113         5,793
 2012         13,284           0           0           0        13,284         14,525       336,638         4,628
 2013         13,284           0           0           0        13,284         12,716       349,354         3,667
 2014         13,284           0           0           0        13,284         11,027       360,381         2,880
 2015         13,284           0           0           0        13,284          9,447       369,828         2,233

 SUBTOT      199,260           0           0           0       199,260        369,828                     228,036
 REMAIN       99,630           0           0           0        99,630         29,829       399,657         5,356
 TOTAL       298,890           0           0           0       298,890        399,657                     233,392

   LIFE OF EVALUATION IS 22.50 YEARS.
   FINAL PRODUCTION RATE: 48 BBLS/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

[LOGO OMITTED]  RYDER SCOTT COMPANY
                ---------------------
                PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 170
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>
 STATE SUMMARY

                                                                                       TOTAL PROVED

     TENNESSEE PROPERTIES                                                              ALL CATEGORIES


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>     <C>            <C>        <C>
 INITIAL -                                                                                  5.00% -   350,078,551
 FINAL   -                                                                                 10.00% -   300,208,036
 REMARKS -                                                                                 15.00% -   262,378,315
                                                                                           20.00% -   232,689,167
                                                                                           25.00% -   208,752,856
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>      <C>      <C>               <C>    <C>            <C>               <C>    <C>             <C>       <C>
 2001    41        79,069           0      10,933          63,181           0       8,809.642      24.10     9.77
 2002    51        62,515           0      11,461          50,017           0       9,469.580      24.10     9.77
 2003    49        49,452           0       7,734          39,616           0       6,399.015      24.10     9.77
 2004    48        39,023           0       5,379          31,340           0       4,449.691      24.10     9.77
 2005    46        30,575           0       3,758          24,705           0       3,102.221      24.10     9.77
 2006    49        29,015           0       3,314          23,800           0       2,711.895      24.10     9.77
 2007    47        21,124           0       2,820          17,254           0       2,303.338      24.10     9.77
 2008    44        22,121           0       2,160          17,058           0       1,751.874      24.10     9.77
 2009    36        18,694           0       1,596          14,166           0       1,289.484      24.10     9.77
 2010    30        43,214           0       1,263          32,310           0       1,003.033      24.10     9.77
 2011    26        25,893           0         968          19,264           0         767.840      24.10     9.77
 2012    23        21,880           0         752          17,196           0         592.119      24.10     9.77
 2013    18        14,418           0         527          11,439           0         405.450      24.10     9.77
 2014    14         8,707           0         425           6,885           0         323.796      24.10     9.77
 2015    13         4,443           0         364           3,520           0         276.288      24.10     9.77

 SUB-TOTAL        470,143           0      53,454         371,751           0      43,655.266      24.10     9.77
 REMAINDER          5,898           0       1,070           4,945           0         796.072      24.10     9.77
 TOTAL            476,041           0      54,524         376,696           0      44,451.338      24.10     9.77

 CUMULATIVE        93,733           0          48
 ULTIMATE         569,774           0      54,572
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>          <C>                 <C> <C>                    <C> <C>             <C>      <C>          <C>
 2001        1,522,649           0    86,070,198            0    87,592,847      45,680   2,582,103    84,965,064
 2002        1,205,422           0    92,517,798            0    93,723,220      36,161   2,775,536    90,911,523
 2003          954,736           0    62,518,384            0    63,473,120      28,644   1,875,552    61,568,924
 2004          755,325           0    43,473,470            0    44,228,795      22,660   1,304,205    42,901,930
 2005          595,371           0    30,308,704            0    30,904,075      17,860     909,259    29,976,956
 2006          573,599           0    26,495,212            0    27,068,811      17,207     794,859    26,256,745
 2007          415,816           0    22,503,611            0    22,919,427      12,475     675,106    22,231,846
 2008          411,059           0    17,115,807            0    17,526,866      12,332     513,471    17,001,063
 2009          341,426           0    12,598,256            0    12,939,682      10,244     377,953    12,551,485
 2010          778,672           0     9,799,632            0    10,578,304      23,360     293,988    10,260,956
 2011          464,302           0     7,501,794            0     7,966,096      13,929     225,054     7,727,113
 2012          414,403           0     5,785,007            0     6,199,410      12,431     173,550     6,013,429
 2013          275,674           0     3,961,243            0     4,236,917       8,273     118,838     4,109,806
 2014          165,902           0     3,163,490            0     3,329,392       4,974      94,905     3,229,513
 2015           84,861           0     2,699,335            0     2,784,196       2,546      80,981     2,700,669

 SUB-TOT     8,959,217           0   426,511,941            0   435,471,158     268,776  12,795,360   422,407,022
 REMAIN        119,144           0     7,777,622            0     7,896,766       3,575     233,327     7,659,864
 TOTAL       9,078,361           0   434,289,563            0   443,367,924     272,351  13,028,687   430,066,886
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>        <C>                 <C> <C>                 <C>  <C>           <C>           <C>           <C>
 2001        181,200           0   4,850,000           0     5,031,200     79,933,864    79,933,864    75,176,780
 2002        298,520           0   2,500,000           0     2,798,520     88,113,003   168,046,867    76,073,347
 2003        302,840           0           0           0       302,840     61,266,084   229,312,951    47,935,392
 2004        293,535           0           0           0       293,535     42,608,395   271,921,346    30,165,315
 2005        260,335           0           0           0       260,335     29,716,621   301,637,967    19,041,375
 2006        347,916           0     165,000           0       512,916     25,743,829   327,381,796    14,889,555
 2007        331,672           0           0           0       331,672     21,900,174   349,281,970    11,491,546
 2008        296,283           0      20,000           0       316,283     16,684,780   365,966,750     7,932,169
 2009        237,599           0      25,000           0       262,599     12,288,886   378,255,636     5,285,789
 2010        213,775           0      75,000           0       288,775      9,972,181   388,227,817     3,879,021
 2011        184,436           0           0           0       184,436      7,542,677   395,770,494     2,657,588
 2012        156,208           0      25,000           0       181,208      5,832,221   401,602,715     1,859,991
 2013        120,818           0           0           0       120,818      3,988,988   405,591,703     1,153,501
 2014        107,795           0           0           0       107,795      3,121,718   408,713,421       815,160
 2015         82,181           0           0           0        82,181      2,618,488   411,331,909       619,686

 SUBTOT    3,415,113           0   7,660,000           0    11,075,113    411,331,909                 298,976,215
 REMAIN      216,944           0           0           0       216,944      7,442,920   418,774,829     1,231,821
 TOTAL     3,632,057           0   7,660,000           0    11,292,057    418,774,829                 300,208,036

   LIFE OF SUMMARY IS 26.14 YEARS.
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

[LOGO OMITTED]  RYDER SCOTT COMPANY
                ---------------------
                PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 171
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
<CAPTION>
 STATE SUMMARY

                                                                                       PROVED

     TENNESSEE PROPERTIES                                                              PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>     <C>            <C>          <C>
 INITIAL -                                                                                  5.00% -     5,358,355
 FINAL   -                                                                                 10.00% -     4,632,294
 REMARKS -                                                                                 15.00% -     4,073,827
                                                                                           20.00% -     3,633,046
                                                                                           25.00% -     3,277,397
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>     <C>               <C>         <C>       <C>               <C>         <C>        <C>       <C>
 2001     5        79,069           0           0          63,181           0           0.000      24.10     0.00
 2002     5        62,515           0           0          50,017           0           0.000      24.10     0.00
 2003     5        49,452           0           0          39,616           0           0.000      24.10     0.00
 2004     5        39,023           0           0          31,340           0           0.000      24.10     0.00
 2005     4        30,575           0           0          24,705           0           0.000      24.10     0.00
 2006     4        24,196           0           0          19,584           0           0.000      24.10     0.00
 2007     4        19,158           0           0          15,533           0           0.000      24.10     0.00
 2008     4        15,179           0           0          12,326           0           0.000      24.10     0.00
 2009     4        12,028           0           0           9,784           0           0.000      24.10     0.00
 2010     4         9,539           0           0           7,770           0           0.000      24.10     0.00
 2011     4         7,567           0           0           6,174           0           0.000      24.10     0.00
 2012     4         6,004           0           0           4,908           0           0.000      24.10     0.00
 2013     4         4,354           0           0           3,593           0           0.000      24.10     0.00
 2014     3         3,393           0           0           2,812           0           0.000      24.10     0.00
 2015     3         1,615           0           0           1,400           0           0.000      24.10     0.00

 SUB-TOTAL        363,667           0           0         292,743           0           0.000      24.10     0.00
 REMAINDER          4,199           0           0           3,675           0           0.000      24.10     0.00
 TOTAL            367,866           0           0         296,418           0           0.000      24.10     0.00

 CUMULATIVE        93,733           0           0
 ULTIMATE         461,599           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>          <C>                 <C>           <C>          <C>   <C>           <C>               <C>   <C>
 2001        1,522,649           0             0            0     1,522,649      45,680           0     1,476,969
 2002        1,205,422           0             0            0     1,205,422      36,161           0     1,169,261
 2003          954,736           0             0            0       954,736      28,644           0       926,092
 2004          755,325           0             0            0       755,325      22,660           0       732,665
 2005          595,371           0             0            0       595,371      17,860           0       577,511
 2006          471,985           0             0            0       471,985      14,159           0       457,826
 2007          374,342           0             0            0       374,342      11,230           0       363,112
 2008          297,033           0             0            0       297,033       8,912           0       288,121
 2009          235,799           0             0            0       235,799       7,075           0       228,724
 2010          187,275           0             0            0       187,275       5,617           0       181,658
 2011          148,808           0             0            0       148,808       4,465           0       144,343
 2012          118,292           0             0            0       118,292       3,548           0       114,744
 2013           86,593           0             0            0        86,593       2,599           0        83,994
 2014           67,733           0             0            0        67,733       2,031           0        65,702
 2015           33,761           0             0            0        33,761       1,012           0        32,749

 SUB-TOT     7,055,124           0             0            0     7,055,124     211,653           0     6,843,471
 REMAIN         88,552           0             0            0        88,552       2,657           0        85,895
 TOTAL       7,143,676           0             0            0     7,143,676     214,310           0     6,929,366
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>          <C>               <C>         <C>         <C>     <C>          <C>           <C>           <C>
 2001         43,200           0           0           0        43,200      1,433,769     1,433,769     1,367,394
 2002         43,200           0           0           0        43,200      1,126,061     2,559,830       972,145
 2003         43,200           0           0           0        43,200        882,892     3,442,722       689,979
 2004         42,000           0           0           0        42,000        690,665     4,133,387       488,599
 2005         38,400           0           0           0        38,400        539,111     4,672,498       345,243
 2006         38,400           0           0           0        38,400        419,426     5,091,924       243,145
 2007         38,400           0           0           0        38,400        324,712     5,416,636       170,405
 2008         38,400           0           0           0        38,400        249,721     5,666,357       118,635
 2009         38,400           0           0           0        38,400        190,324     5,856,681        81,854
 2010         38,400           0           0           0        38,400        143,258     5,999,939        55,779
 2011         38,400           0           0           0        38,400        105,943     6,105,882        37,346
 2012         38,400           0           0           0        38,400         76,344     6,182,226        24,368
 2013         30,400           0           0           0        30,400         53,594     6,235,820        15,486
 2014         28,800           0           0           0        28,800         36,902     6,272,722         9,656
 2015         11,389           0           0           0        11,389         21,360     6,294,082         5,061

 SUBTOT      549,389           0           0           0       549,389      6,294,082                   4,625,095
 REMAIN       48,800           0           0           0        48,800         37,095     6,331,177         7,199
 TOTAL       598,189           0           0           0       598,189      6,331,177                   4,632,294

   LIFE OF SUMMARY IS 20.08 YEARS.
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 172
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
 STATE SUMMARY
                                                                                       PROVED
     TENNESSEE PROPERTIES                                                              SHUT-IN

<CAPTION>
                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>     <C>            <C>        <C>
 INITIAL -                                                                                  5.00% -   142,811,185
 FINAL   -                                                                                 10.00% -   122,351,353
 REMARKS -                                                                                 15.00% -   107,494,485
                                                                                           20.00% -    96,159,510
                                                                                           25.00% -    87,179,018

</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>   <C>   <C>           <C>         <C>          <C>            <C>            <C>           <C>       <C>
 2001    17             0           0       6,133               0           0       4,608.793       0.00     9.77
 2002    17             0           0       4,404               0           0       3,295.015       0.00     9.77
 2003    15             0           0       2,893               0           0       2,165.955       0.00     9.77
 2004    14             0           0       2,030               0           0       1,517.339       0.00     9.77
 2005    13             0           0       1,492               0           0       1,118.943       0.00     9.77
 2006    13             0           0       1,289               0           0         960.358       0.00     9.77
 2007    12             0           0       1,148               0           0         855.809       0.00     9.77
 2008    12             0           0         962               0           0         716.757       0.00     9.77
 2009    10             0           0         749               0           0         562.769       0.00     9.77
 2010     8             0           0         630               0           0         471.620       0.00     9.77
 2011     7             0           0         490               0           0         370.449       0.00     9.77
 2012     6             0           0         384               0           0         284.016       0.00     9.77
 2013     5             0           0         339               0           0         248.619       0.00     9.77
 2014     5             0           0         306               0           0         225.254       0.00     9.77
 2015     5             0           0         280               0           0         205.100       0.00     9.77

 SUB-TOTAL              0           0      23,529               0           0      17,606.796       0.00     9.77
 REMAINDER              0           0       1,053               0           0         785.285       0.00     9.77
 TOTAL                  0           0      24,582               0           0      18,392.081       0.00     9.77

 CUMULATIVE             0           0          48
 ULTIMATE               0           0      24,630
</TABLE>

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>     <C>            <C>         <C>           <C>          <C>           <C>         <C>         <C>
 2001                0           0    45,027,906            0    45,027,906           0   1,350,836    43,677,070
 2002                0           0    32,192,295            0    32,192,295           0     965,769    31,226,526
 2003                0           0    21,161,380            0    21,161,380           0     634,842    20,526,538
 2004                0           0    14,824,399            0    14,824,399           0     444,732    14,379,667
 2005                0           0    10,932,077            0    10,932,077           0     327,962    10,604,115
 2006                0           0     9,382,702            0     9,382,702           0     281,480     9,101,222
 2007                0           0     8,361,256            0     8,361,256           0     250,839     8,110,417
 2008                0           0     7,002,717            0     7,002,717           0     210,081     6,792,636
 2009                0           0     5,498,251            0     5,498,251           0     164,950     5,333,301
 2010                0           0     4,607,729            0     4,607,729           0     138,230     4,469,499
 2011                0           0     3,619,292            0     3,619,292           0     108,579     3,510,713
 2012                0           0     2,774,838            0     2,774,838           0      83,245     2,691,593
 2013                0           0     2,429,008            0     2,429,008           0      72,870     2,356,138
 2014                0           0     2,200,729            0     2,200,729           0      66,022     2,134,707
 2015                0           0     2,003,822            0     2,003,822           0      60,115     1,943,707

 SUB-TOT             0           0   172,018,401            0   172,018,401           0   5,160,552   166,857,849
 REMAIN              0           0     7,672,235            0     7,672,235           0     230,166     7,442,069
 TOTAL               0           0   179,690,636            0   179,690,636           0   5,390,718   174,299,918
</TABLE>

<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>     <C>          <C>         <C>         <C>         <C>           <C>            <C>           <C>
 2001         82,500           0     330,000           0       412,500     43,264,570    43,264,570    41,026,488
 2002         97,620           0           0           0        97,620     31,128,906    74,393,476    26,920,801
 2003         84,440           0           0           0        84,440     20,442,098    94,835,574    15,993,438
 2004         76,335           0           0           0        76,335     14,303,332   109,138,906    10,125,629
 2005         75,000           0           0           0        75,000     10,529,115   119,668,021     6,744,900
 2006         83,871           0           0           0        83,871      9,017,351   128,685,372     5,215,439
 2007         82,800           0           0           0        82,800      8,027,617   136,712,989     4,209,387
 2008         77,093           0           0           0        77,093      6,715,543   143,428,532     3,189,456
 2009         58,420           0           0           0        58,420      5,274,881   148,703,413     2,268,128
 2010         53,896           0           0           0        53,896      4,415,603   153,119,016     1,717,987
 2011         45,396           0           0           0        45,396      3,465,317   156,584,333     1,220,444
 2012         34,199           0           0           0        34,199      2,657,394   159,241,727       847,428
 2013         32,400           0           0           0        32,400      2,323,738   161,565,465       670,060
 2014         32,400           0           0           0        32,400      2,102,307   163,667,772       548,726
 2015         32,400           0           0           0        32,400      1,911,307   165,579,079       451,569

 SUBTOT      948,770           0     330,000           0     1,278,770    165,579,079                 121,149,880
 REMAIN      144,527           0           0           0       144,527      7,297,542   172,876,621     1,201,473
 TOTAL     1,093,297           0     330,000           0     1,423,297    172,876,621                 122,351,353

   LIFE OF SUMMARY IS 26.14 YEARS.

</TABLE>
THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 173
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
 STATE SUMMARY
                                                                                       PROVED
     TENNESSEE PROPERTIES                                                              BEHIND PIPE

<CAPTION>
                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>     <C>            <C>        <C>
 INITIAL -                                                                                  5.00% -     6,101,930
 FINAL   -                                                                                 10.00% -     4,191,675
 REMARKS -                                                                                 15.00% -     2,957,575
                                                                                           20.00% -     2,143,853
                                                                                           25.00% -     1,596,394
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>   <C>   <C>           <C>         <C>          <C>            <C>            <C>           <C>       <C>
 2001     1             0           0          27               0           0          23.968       0.00     9.77
 2002     1             0           0          26               0           0          22.796       0.00     9.77
 2003     1             0           0          21               0           0          17.674       0.00     9.77
 2004     1             0           0          15               0           0          13.702       0.00     9.77
 2005     1             0           0          12               0           0          10.623       0.00     9.77
 2006     9         4,819           0         210           4,216           0         162.804      24.10     9.77
 2007     9         1,966           0         153           1,721           0         117.371      24.10     9.77
 2008     8         6,942           0         120           4,732           0          91.649      24.10     9.77
 2009     8         6,666           0         107           4,382           0          80.006      24.10     9.77
 2010     9        33,675           0         140          24,540           0         100.363      24.10     9.77
 2011     7        18,326           0         115          13,090           0          78.104      24.10     9.77
 2012     6        15,876           0          76          12,288           0          54.338      24.10     9.77
 2013     4        10,064           0          49           7,846           0          33.845      24.10     9.77
 2014     4         5,314           0          32           4,073           0          22.175      24.10     9.77
 2015     3         2,828           0          20           2,120           0          14.954      24.10     9.77

 SUB-TOTAL        106,476           0       1,123          79,008           0         844.372      24.10     9.77
 REMAINDER          1,699           0          17           1,270           0          10.787      24.10     9.77
 TOTAL            108,175           0       1,140          80,278           0         855.159      24.10     9.77

 CUMULATIVE             0           0           0
 ULTIMATE         108,175           0       1,140
</TABLE>

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>     <C>            <C>         <C>           <C>          <C>           <C>         <C>         <C>
 2001                0           0       234,172            0       234,172           0       7,025       227,147
 2002                0           0       222,716            0       222,716           0       6,682       216,034
 2003                0           0       172,671            0       172,671           0       5,180       167,491
 2004                0           0       133,870            0       133,870           0       4,016       129,854
 2005                0           0       103,790            0       103,790           0       3,114       100,676
 2006          101,614           0     1,590,598            0     1,692,212       3,048      47,718     1,641,446
 2007           41,474           0     1,146,711            0     1,188,185       1,245      34,402     1,152,538
 2008          114,026           0       895,409            0     1,009,435       3,420      26,861       979,154
 2009          105,627           0       781,659            0       887,286       3,169      23,451       860,666
 2010          591,397           0       980,549            0     1,571,946      17,743      29,416     1,524,787
 2011          315,494           0       763,080            0     1,078,574       9,464      22,893     1,046,217
 2012          296,111           0       530,880            0       826,991       8,883      15,926       802,182
 2013          189,081           0       330,666            0       519,747       5,674       9,920       504,153
 2014           98,169           0       216,646            0       314,815       2,943       6,501       305,371
 2015           51,100           0       146,104            0       197,204       1,534       4,383       191,287

 SUB-TOT     1,904,093           0     8,249,521            0    10,153,614      57,123     247,488     9,849,003
 REMAIN         30,592           0       105,387            0       135,979         918       3,161       131,900
 TOTAL       1,934,685           0     8,354,908            0    10,289,593      58,041     250,649     9,980,903
</TABLE>

<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>     <C>          <C>         <C>         <C>         <C>           <C>            <C>           <C>
 2001          6,000           0      20,000           0        26,000        201,147       201,147       189,119
 2002          7,200           0           0           0         7,200        208,834       409,981       180,321
 2003          7,200           0           0           0         7,200        160,291       570,272       125,289
 2004          7,200           0           0           0         7,200        122,654       692,926        86,786
 2005          7,200           0           0           0         7,200         93,476       786,402        59,874
 2006         67,200           0     165,000           0       232,200      1,409,246     2,195,648       813,205
 2007         58,286           0           0           0        58,286      1,094,252     3,289,900       574,984
 2008         56,921           0      20,000           0        76,921        902,233     4,192,133       427,857
 2009         48,800           0      25,000           0        73,800        786,866     4,978,999       337,173
 2010         58,033           0      75,000           0       133,033      1,391,754     6,370,753       540,291
 2011         49,789           0           0           0        49,789        996,428     7,367,181       352,190
 2012         38,270           0      25,000           0        63,270        738,912     8,106,093       235,313
 2013         36,000           0           0           0        36,000        468,153     8,574,246       135,481
 2014         32,195           0           0           0        32,195        273,176     8,847,422        71,565
 2015         26,400           0           0           0        26,400        164,887     9,012,309        39,078

 SUBTOT      506,694           0     330,000           0       836,694      9,012,309                   4,168,526
 REMAIN       23,617           0           0           0        23,617        108,283     9,120,592        23,149
 TOTAL       530,311           0     330,000           0       860,311      9,120,592                   4,191,675

   LIFE OF SUMMARY IS 16.24 YEARS.
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 174
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
 STATE SUMMARY
                                                                                       PROVED
     TENNESSEE PROPERTIES                                                              UNDEVELOPED

<CAPTION>
                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>     <C>            <C>        <C>
 INITIAL -                                                                                  5.00% -   195,807,081
 FINAL   -                                                                                 10.00% -   169,032,714
 REMARKS -                                                                                 15.00% -   147,852,428
                                                                                           20.00% -   130,752,758
                                                                                           25.00% -   116,700,047
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>   <C>   <C>           <C>         <C>          <C>            <C>            <C>           <C>       <C>
 2001    18             0           0       4,773               0           0       4,176.880       0.00     9.77
 2002    28             0           0       7,031               0           0       6,151.769       0.00     9.77
 2003    28             0           0       4,820               0           0       4,215.387       0.00     9.77
 2004    28             0           0       3,334               0           0       2,918.650       0.00     9.77
 2005    28             0           0       2,254               0           0       1,972.655       0.00     9.77
 2006    23             0           0       1,815               0           0       1,588.732       0.00     9.77
 2007    22             0           0       1,519               0           0       1,330.158       0.00     9.77
 2008    20             0           0       1,078               0           0         943.468       0.00     9.77
 2009    14             0           0         740               0           0         646.709       0.00     9.77
 2010     9             0           0         493               0           0         431.050       0.00     9.77
 2011     8             0           0         363               0           0         319.286       0.00     9.77
 2012     7             0           0         292               0           0         253.765       0.00     9.77
 2013     5             0           0         139               0           0         122.986       0.00     9.77
 2014     2             0           0          87               0           0          76.368       0.00     9.77
 2015     2             0           0          64               0           0          56.234       0.00     9.77

 SUB-TOTAL              0           0      28,802               0           0      25,204.097       0.00     9.77
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0      28,802               0           0      25,204.097       0.00     9.77

 CUMULATIVE             0           0           0
 ULTIMATE               0           0      28,802
</TABLE>

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>     <C>            <C>         <C>           <C>          <C>           <C>         <C>         <C>
 2001                0           0    40,808,120            0    40,808,120           0   1,224,242    39,583,878
 2002                0           0    60,102,787            0    60,102,787           0   1,803,085    58,299,702
 2003                0           0    41,184,333            0    41,184,333           0   1,235,530    39,948,803
 2004                0           0    28,515,201            0    28,515,201           0     855,457    27,659,744
 2005                0           0    19,272,837            0    19,272,837           0     578,183    18,694,654
 2006                0           0    15,521,912            0    15,521,912           0     465,661    15,056,251
 2007                0           0    12,995,644            0    12,995,644           0     389,865    12,605,779
 2008                0           0     9,217,681            0     9,217,681           0     276,529     8,941,152
 2009                0           0     6,318,346            0     6,318,346           0     189,552     6,128,794
 2010                0           0     4,211,354            0     4,211,354           0     126,342     4,085,012
 2011                0           0     3,119,422            0     3,119,422           0      93,582     3,025,840
 2012                0           0     2,479,289            0     2,479,289           0      74,379     2,404,910
 2013                0           0     1,201,569            0     1,201,569           0      36,048     1,165,521
 2014                0           0       746,115            0       746,115           0      22,382       723,733
 2015                0           0       549,409            0       549,409           0      16,483       532,926

 SUB-TOT             0           0   246,244,019            0   246,244,019           0   7,387,320   238,856,699
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0   246,244,019            0   246,244,019           0   7,387,320   238,856,699
</TABLE>

<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>     <C>          <C>         <C>         <C>         <C>           <C>            <C>           <C>
 2001         49,500           0   4,500,000           0     4,549,500     35,034,378    35,034,378    32,593,779
 2002        150,500           0   2,500,000           0     2,650,500     55,649,202    90,683,580    48,000,080
 2003        168,000           0           0           0       168,000     39,780,803   130,464,383    31,126,686
 2004        168,000           0           0           0       168,000     27,491,744   157,956,127    19,464,301
 2005        139,735           0           0           0       139,735     18,554,919   176,511,046    11,891,358
 2006        158,445           0           0           0       158,445     14,897,806   191,408,852     8,617,766
 2007        152,186           0           0           0       152,186     12,453,593   203,862,445     6,536,770
 2008        123,869           0           0           0       123,869      8,817,283   212,679,728     4,196,221
 2009         91,979           0           0           0        91,979      6,036,815   218,716,543     2,598,634
 2010         63,446           0           0           0        63,446      4,021,566   222,738,109     1,564,964
 2011         50,851           0           0           0        50,851      2,974,989   225,713,098     1,047,608
 2012         45,339           0           0           0        45,339      2,359,571   228,072,669       752,882
 2013         22,018           0           0           0        22,018      1,143,503   229,216,172       332,474
 2014         14,400           0           0           0        14,400        709,333   229,925,505       185,213
 2015         11,992           0           0           0        11,992        520,934   230,446,439       123,978

 SUBTOT    1,410,260           0   7,000,000           0     8,410,260    230,446,439                 169,032,714
 REMAIN            0           0           0           0             0              0   230,446,439             0
 TOTAL     1,410,260           0   7,000,000           0     8,410,260    230,446,439                 169,032,714

   LIFE OF SUMMARY IS 14.95 YEARS.
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 175
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
 STATE SUMMARY
                                                                                       TOTAL PROBABLE
     TENNESSEE PROPERTIES                                                              UNDEVELOPED

<CAPTION>
                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>     <C>            <C>        <C>
 INITIAL -                                                                                  5.00% -    91,285,523
 FINAL   -                                                                                 10.00% -    75,180,091
 REMARKS -                                                                                 15.00% -    62,778,240
                                                                                           20.00% -    53,040,641
                                                                                           25.00% -    45,259,984
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>   <C>   <C>           <C>         <C>          <C>            <C>            <C>           <C>       <C>
 2001                   0           0           0               0           0           0.000       0.00     0.00
 2002    10             0           0       2,537               0           0       2,220.294       0.00     9.77
 2003    10             0           0       3,233               0           0       2,828.251       0.00     9.77
 2004    10             0           0       2,101               0           0       1,838.375       0.00     9.77
 2005    10             0           0       1,444               0           0       1,263.798       0.00     9.77
 2006    10             0           0       1,037               0           0         907.028       0.00     9.77
 2007    10             0           0         770               0           0         673.586       0.00     9.77
 2008    10             0           0         587               0           0         514.300       0.00     9.77
 2009    10             0           0         698               0           0         610.551       0.00     9.77
 2010    10             0           0         617               0           0         539.494       0.00     9.77
 2011    10             0           0         466               0           0         407.657       0.00     9.77
 2012    10             0           0         207               0           0         181.607       0.00     9.77
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0      13,697               0           0      11,984.941       0.00     9.77
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0      13,697               0           0      11,984.941       0.00     9.77

 CUMULATIVE             0           0           0
 ULTIMATE               0           0      13,697
</TABLE>

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>     <C>            <C>         <C>           <C>          <C>           <C>         <C>         <C>
 2001                0           0             0            0             0           0           0             0
 2002                0           0    21,692,276            0    21,692,276           0     650,768    21,041,508
 2003                0           0    27,632,016            0    27,632,016           0     828,961    26,803,055
 2004                0           0    17,960,921            0    17,960,921           0     538,827    17,422,094
 2005                0           0    12,347,309            0    12,347,309           0     370,420    11,976,889
 2006                0           0     8,861,666            0     8,861,666           0     265,850     8,595,816
 2007                0           0     6,580,932            0     6,580,932           0     197,428     6,383,504
 2008                0           0     5,024,707            0     5,024,707           0     150,741     4,873,966
 2009                0           0     5,965,084            0     5,965,084           0     178,952     5,786,132
 2010                0           0     5,270,854            0     5,270,854           0     158,126     5,112,728
 2011                0           0     3,982,814            0     3,982,814           0     119,484     3,863,330
 2012                0           0     1,774,301            0     1,774,301           0      53,229     1,721,072
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT             0           0   117,092,880            0   117,092,880           0   3,512,786   113,580,094
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0   117,092,880            0   117,092,880           0   3,512,786   113,580,094
</TABLE>

<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>     <C>          <C>         <C>         <C>         <C>           <C>            <C>           <C>
 2001              0           0           0           0             0              0             0             0
 2002         30,000           0     250,000           0       280,000     20,761,508    20,761,508    17,480,359
 2003         60,000           0           0           0        60,000     26,743,055    47,504,563    20,937,119
 2004         60,000           0           0           0        60,000     17,362,094    64,866,657    12,297,993
 2005         60,000           0           0           0        60,000     11,916,889    76,783,546     7,637,931
 2006         72,000           0           0           0        72,000      8,523,816    85,307,362     4,943,860
 2007         72,000           0           0           0        72,000      6,311,504    91,618,866     3,312,906
 2008         72,000           0           0           0        72,000      4,801,966    96,420,832     2,281,177
 2009         72,000           0           0           0        72,000      5,714,132   102,134,964     2,442,044
 2010         72,000           0           0           0        72,000      5,040,728   107,175,692     1,962,871
 2011         72,000           0           0           0        72,000      3,791,330   110,967,022     1,335,968
 2012         38,909           0           0           0        38,909      1,682,163   112,649,185       547,863
 2013              0           0           0           0             0              0   112,649,185             0
 2014              0           0           0           0             0              0   112,649,185             0
 2015              0           0           0           0             0              0   112,649,185             0

 SUBTOT      680,909           0     250,000           0       930,909    112,649,185                  75,180,091
 REMAIN            0           0           0           0             0              0   112,649,185             0
 TOTAL       680,909           0     250,000           0       930,909    112,649,185                  75,180,091

   LIFE OF SUMMARY IS 11.54 YEARS.
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 176
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
 STATE SUMMARY
                                                                                       TOTAL POSSIBLE
     TENNESSEE PROPERTIES                                                              UNDEVELOPED

<CAPTION>
                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>   <C>   <C>           <C>         <C>          <C>            <C>            <C>           <C>       <C>
 INITIAL -                                                                                  5.00% -    53,825,724
 FINAL   -                                                                                 10.00% -    43,252,319
 REMARKS -                                                                                 15.00% -    35,019,134
                                                                                           20.00% -    28,549,812
                                                                                           25.00% -    23,422,959
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>     <C>            <C>         <C>           <C>          <C>           <C>         <C>         <C>
 2001                   0           0           0               0           0           0.000       0.00     0.00
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003    13             0           0       1,726               0           0       1,510.593       0.00     9.77
 2004    13             0           0       2,200               0           0       1,924.953       0.00     9.77
 2005    13             0           0       1,430               0           0       1,251.313       0.00     9.77
 2006    13             0           0         984               0           0         860.265       0.00     9.77
 2007    13             0           0         717               0           0         627.712       0.00     9.77
 2008    13             0           0         660               0           0         577.760       0.00     9.77
 2009    13             0           0         526               0           0         460.133       0.00     9.77
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0       8,243               0           0       7,212.729       0.00     9.77
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0       8,243               0           0       7,212.729       0.00     9.77

 CUMULATIVE             0           0           0
 ULTIMATE               0           0       8,243
</TABLE>

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>     <C>          <C>         <C>         <C>         <C>           <C>            <C>           <C>
 2001                0           0             0            0             0           0           0             0
 2002                0           0             0            0             0           0           0             0
 2003                0           0    14,758,492            0    14,758,492           0     442,755    14,315,737
 2004                0           0    18,806,791            0    18,806,791           0     564,203    18,242,588
 2005                0           0    12,225,327            0    12,225,327           0     366,760    11,858,567
 2006                0           0     8,404,787            0     8,404,787           0     252,144     8,152,643
 2007                0           0     6,132,744            0     6,132,744           0     183,982     5,948,762
 2008                0           0     5,644,714            0     5,644,714           0     169,342     5,475,372
 2009                0           0     4,495,497            0     4,495,497           0     134,865     4,360,632
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT             0           0    70,468,352            0    70,468,352           0   2,114,051    68,354,301
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0    70,468,352            0    70,468,352           0   2,114,051    68,354,301
</TABLE>

<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>     <C>          <C>         <C>         <C>         <C>           <C>            <C>           <C>
 2001              0           0           0           0             0              0             0             0
 2002              0           0           0           0             0              0             0             0
 2003         39,000           0     250,000           0       289,000     14,026,737    14,026,737    10,687,250
 2004         78,000           0           0           0        78,000     18,164,588    32,191,325    12,873,157
 2005         78,000           0           0           0        78,000     11,780,567    43,971,892     7,553,585
 2006         93,600           0           0           0        93,600      8,059,043    52,030,935     4,675,789
 2007         93,600           0           0           0        93,600      5,855,162    57,886,097     3,071,757
 2008         93,600           0           0           0        93,600      5,381,772    63,267,869     2,556,234
 2009         93,362           0           0           0        93,362      4,267,270    67,535,139     1,834,547
 2010              0           0           0           0             0              0    67,535,139             0
 2011              0           0           0           0             0              0    67,535,139             0
 2012              0           0           0           0             0              0    67,535,139             0
 2013              0           0           0           0             0              0    67,535,139             0
 2014              0           0           0           0             0              0    67,535,139             0
 2015              0           0           0           0             0              0    67,535,139             0

 SUBTOT      569,162           0     250,000           0       819,162     67,535,139                  43,252,319
 REMAIN            0           0           0           0             0              0    67,535,139             0
 TOTAL       569,162           0     250,000           0       819,162     67,535,139                  43,252,319

   LIFE OF SUMMARY IS 9.00 YEARS.
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 177
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   11-T1S-R74E                                              PROVED
     ANITA COLSON #1   (KNOX)                                                          SHUT-IN

<CAPTION>
                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>     <C>            <C>        <C>
 INITIAL -   1.000000                      0.875000                             9.77        5.00% -     9,102,418
 FINAL   -   1.000000                      0.875000                             9.77       10.00% -     7,927,799
 REMARKS - CAPITAL INCLUDED TO PERFORATE REMAINDER OF KNOX PAY.                            15.00% -     7,017,950
                                                                                           20.00% -     6,296,953
                                                                                           25.00% -     5,713,432
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>   <C>   <C>           <C>         <C>          <C>            <C>            <C>           <C>       <C>
 2001     1             0           0         339               0           0         296.841       0.00     9.77
 2002     1             0           0         249               0           0         218.012       0.00     9.77
 2003     1             0           0         166               0           0         144.639       0.00     9.77
 2004     1             0           0         115               0           0         100.992       0.00     9.77
 2005     1             0           0          84               0           0          73.374       0.00     9.77
 2006     1             0           0          74               0           0          64.675       0.00     9.77
 2007     1             0           0          67               0           0          58.713       0.00     9.77
 2008     1             0           0          58               0           0          50.770       0.00     9.77
 2009     1             0           0          51               0           0          44.358       0.00     9.77
 2010     1             0           0          44               0           0          39.105       0.00     9.77
 2011     1             0           0          40               0           0          34.745       0.00     9.77
 2012     1             0           0           9               0           0           8.087       0.00     9.77
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0       1,296               0           0       1,134.311       0.00     9.77
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0       1,296               0           0       1,134.311       0.00     9.77

 CUMULATIVE             0           0           0
 ULTIMATE               0           0       1,296
</TABLE>

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>     <C>            <C>         <C>           <C>          <C>           <C>         <C>         <C>
 2001                0           0     2,900,140            0     2,900,140           0      87,004     2,813,136
 2002                0           0     2,129,978            0     2,129,978           0      63,900     2,066,078
 2003                0           0     1,413,127            0     1,413,127           0      42,393     1,370,734
 2004                0           0       986,693            0       986,693           0      29,601       957,092
 2005                0           0       716,864            0       716,864           0      21,506       695,358
 2006                0           0       631,872            0       631,872           0      18,956       612,916
 2007                0           0       573,626            0       573,626           0      17,209       556,417
 2008                0           0       496,022            0       496,022           0      14,881       481,141
 2009                0           0       433,375            0       433,375           0      13,001       420,374
 2010                0           0       382,053            0       382,053           0      11,461       370,592
 2011                0           0       339,460            0       339,460           0      10,184       329,276
 2012                0           0        79,009            0        79,009           0       2,371        76,638
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT             0           0    11,082,219            0    11,082,219           0     332,467    10,749,752
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0    11,082,219            0    11,082,219           0     332,467    10,749,752
</TABLE>

<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>     <C>          <C>         <C>         <C>         <C>           <C>            <C>           <C>
 2001          5,000           0      20,000           0        25,000      2,788,136     2,788,136     2,643,736
 2002          6,000           0           0           0         6,000      2,060,078     4,848,214     1,781,382
 2003          6,000           0           0           0         6,000      1,364,734     6,212,948     1,067,748
 2004          6,000           0           0           0         6,000        951,092     7,164,040       673,345
 2005          6,000           0           0           0         6,000        689,358     7,853,398       441,660
 2006          7,200           0           0           0         7,200        605,716     8,459,114       350,179
 2007          7,200           0           0           0         7,200        549,217     9,008,331       287,970
 2008          7,200           0           0           0         7,200        473,941     9,482,272       224,925
 2009          7,200           0           0           0         7,200        413,174     9,895,446       177,487
 2010          7,200           0           0           0         7,200        363,392    10,258,838       141,295
 2011          7,200           0           0           0         7,200        322,076    10,580,914       113,354
 2012          1,799           0           0           0         1,799         74,839    10,655,753        24,718
 2013              0           0           0           0             0              0    10,655,753             0
 2014              0           0           0           0             0              0    10,655,753             0
 2015              0           0           0           0             0              0    10,655,753             0

 SUBTOT       73,999           0      20,000           0        93,999     10,655,753                   7,927,799
 REMAIN            0           0           0           0             0              0    10,655,753             0
 TOTAL        73,999           0      20,000           0        93,999     10,655,753                   7,927,799

   LIFE OF EVALUATION IS 11.25 YEARS.
   FINAL PRODUCTION RATE: 3.1 MMCF/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 178
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           OIL LEASE
   TENGASCO INC. - OPERATOR   11-T1S-R74E                                              PROVED
     ANITA COLSON #1   (TRENTON)                                                       BEHIND PIPE

<CAPTION>
                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>     <C>            <C>        <C>
 INITIAL -   1.000000  0.875000            0.875000     24.10                   9.77        5.00% -       282,154
 FINAL   -   1.000000  0.875000            0.875000     24.10                   9.77       10.00% -       152,227
 REMARKS - COMPLETION COST IS SHOWN AS A DEVELOPMENT COST IN 2012.                         15.00% -        82,525
                                                                                           20.00% -        44,946
                                                                                           25.00% -        24,589
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>   <C>   <C>           <C>         <C>          <C>            <C>            <C>           <C>       <C>
 2001                   0           0           0               0           0           0.000       0.00     0.00
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012     1         6,421           0          14           5,619           0          12.339      24.10     9.77
 2013     1         4,748           0          11           4,154           0           9.122      24.10     9.77
 2014     1         2,396           0           5           2,096           0           4.604      24.10     9.77
 2015     1         1,209           0           2           1,058           0           2.324      24.10     9.77

 SUB-TOTAL         14,774           0          32          12,927           0          28.389      24.10     9.77
 REMAINDER            706           0           2             618           0           1.356      24.10     9.77
 TOTAL             15,480           0          34          13,545           0          29.745      24.10     9.77

 CUMULATIVE             0           0           0
 ULTIMATE          15,480           0          34
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>     <C>            <C>         <C>           <C>          <C>           <C>         <C>         <C>
 2001                0           0             0            0             0           0           0             0
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012          135,413           0       120,551            0       255,964       4,062       3,617       248,285
 2013          100,107           0        89,119            0       189,226       3,004       2,673       183,549
 2014           50,527           0        44,982            0        95,509       1,515       1,350        92,644
 2015           25,504           0        22,705            0        48,209         766         681        46,762

 SUB-TOT       311,551           0       277,357            0       588,908       9,347       8,321       571,240
 REMAIN         14,884           0        13,250            0        28,134         446         397        27,291
 TOTAL         326,435           0       290,607            0       617,042       9,793       8,718       598,531
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>     <C>          <C>         <C>         <C>         <C>           <C>            <C>           <C>
 2001              0           0           0           0             0              0             0             0
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012          7,200           0      25,000           0        32,200        216,085       216,085        67,894
 2013          9,600           0           0           0         9,600        173,949       390,034        50,413
 2014          9,600           0           0           0         9,600         83,044       473,078        21,793
 2015          9,600           0           0           0         9,600         37,162       510,240         8,835

 SUBTOT       36,000           0      25,000           0        61,000        510,240                     148,935
 REMAIN       11,937           0           0           0        11,937         15,354       525,594         3,292
 TOTAL        47,937           0      25,000           0        72,937        525,594                     152,227

   LIFE OF EVALUATION IS 16.24 YEARS.
   FINAL PRODUCTION RATE: 31 BBLS/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 179
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   11-T1S-R74E                                              PROVED
     ANITA COLSON #2   (TRENTON)                                                       SHUT-IN

<CAPTION>
                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>     <C>            <C>        <C>
 INITIAL -   1.000000                      0.875000                             9.77        5.00% -       914,219
 FINAL   -   1.000000                      0.875000                             9.77       10.00% -       857,395
 REMARKS -                                                                                 15.00% -       805,644
                                                                                           20.00% -       758,422
                                                                                           25.00% -       715,246
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>   <C>   <C>           <C>         <C>          <C>            <C>            <C>           <C>       <C>
 2001     1             0           0          51               0           0          44.225       0.00     9.77
 2002     1             0           0          40               0           0          34.968       0.00     9.77
 2003     1             0           0          25               0           0          22.119       0.00     9.77
 2004     1             0           0           4               0           0           3.688       0.00     9.77
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0         120               0           0         105.000       0.00     9.77
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0         120               0           0         105.000       0.00     9.77

 CUMULATIVE             0           0           0
 ULTIMATE               0           0         120
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>     <C>            <C>         <C>           <C>          <C>           <C>         <C>         <C>
 2001                0           0       432,077            0       432,077           0      12,962       419,115
 2002                0           0       341,639            0       341,639           0      10,249       331,390
 2003                0           0       216,103            0       216,103           0       6,484       209,619
 2004                0           0        36,031            0        36,031           0       1,081        34,950
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT             0           0     1,025,850            0     1,025,850           0      30,776       995,074
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0     1,025,850            0     1,025,850           0      30,776       995,074
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>     <C>          <C>         <C>         <C>         <C>           <C>            <C>           <C>
 2001          5,000           0           0           0         5,000        414,115       414,115       391,886
 2002          6,000           0           0           0         6,000        325,390       739,505       281,430
 2003          6,000           0           0           0         6,000        203,619       943,124       159,423
 2004          1,335           0           0           0         1,335         33,615       976,739        24,656
 2005              0           0           0           0             0              0       976,739             0
 2006              0           0           0           0             0              0       976,739             0
 2007              0           0           0           0             0              0       976,739             0
 2008              0           0           0           0             0              0       976,739             0
 2009              0           0           0           0             0              0       976,739             0
 2010              0           0           0           0             0              0       976,739             0
 2011              0           0           0           0             0              0       976,739             0
 2012              0           0           0           0             0              0       976,739             0
 2013              0           0           0           0             0              0       976,739             0
 2014              0           0           0           0             0              0       976,739             0
 2015              0           0           0           0             0              0       976,739             0

 SUBTOT       18,335           0           0           0        18,335        976,739                     857,395
 REMAIN            0           0           0           0             0              0       976,739             0
 TOTAL        18,335           0           0           0        18,335        976,739                     857,395

   LIFE OF EVALUATION IS 3.22 YEARS.
   FINAL PRODUCTION RATE: 1.5 MMCF/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 180
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   11-T1S-R74E                                              PROVED
     CHEVRON WARREN REED #1   (KNOX)                                                   SHUT-IN

<CAPTION>
                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>     <C>            <C>        <C>
 INITIAL -   1.000000                      0.875000                             9.77        5.00% -    13,630,429
 FINAL   -   1.000000                      0.875000                             9.77       10.00% -    12,011,204
 REMARKS - CAPITAL INCLUDED TO PERFORATE REMAINDER OF KNOX PAY.                            15.00% -    10,722,253
                                                                                           20.00% -     9,676,821
                                                                                           25.00% -     8,814,210
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>   <C>   <C>           <C>         <C>          <C>            <C>            <C>           <C>       <C>
 2001     1             0           0         518               0           0         452.910       0.00     9.77
 2002     1             0           0         397               0           0         347.363       0.00     9.77
 2003     1             0           0         263               0           0         230.463       0.00     9.77
 2004     1             0           0         184               0           0         160.920       0.00     9.77
 2005     1             0           0         134               0           0         116.915       0.00     9.77
 2006     1             0           0         113               0           0          99.519       0.00     9.77
 2007     1             0           0          91               0           0          79.686       0.00     9.77
 2008     1             0           0          71               0           0          61.774       0.00     9.77
 2009     1             0           0          56               0           0          49.357       0.00     9.77
 2010     1             0           0          46               0           0          40.386       0.00     9.77
 2011     1             0           0          32               0           0          27.560       0.00     9.77
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0       1,905               0           0       1,666.853       0.00     9.77
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0       1,905               0           0       1,666.853       0.00     9.77

 CUMULATIVE             0           0           0
 ULTIMATE               0           0       1,905
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>     <C>            <C>         <C>           <C>          <C>           <C>         <C>         <C>
 2001                0           0     4,424,926            0     4,424,926           0     132,748     4,292,178
 2002                0           0     3,393,739            0     3,393,739           0     101,812     3,291,927
 2003                0           0     2,251,623            0     2,251,623           0      67,549     2,184,074
 2004                0           0     1,572,189            0     1,572,189           0      47,165     1,525,024
 2005                0           0     1,142,264            0     1,142,264           0      34,268     1,107,996
 2006                0           0       972,296            0       972,296           0      29,169       943,127
 2007                0           0       778,528            0       778,528           0      23,356       755,172
 2008                0           0       603,532            0       603,532           0      18,106       585,426
 2009                0           0       482,222            0       482,222           0      14,467       467,755
 2010                0           0       394,567            0       394,567           0      11,837       382,730
 2011                0           0       269,263            0       269,263           0       8,077       261,186
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT             0           0    16,285,149            0    16,285,149           0     488,554    15,796,595
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0    16,285,149            0    16,285,149           0     488,554    15,796,595
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>     <C>          <C>         <C>         <C>         <C>           <C>            <C>           <C>
 2001          5,000           0      20,000           0        25,000      4,267,178     4,267,178     4,040,694
 2002          6,000           0           0           0         6,000      3,285,927     7,553,105     2,841,382
 2003          6,000           0           0           0         6,000      2,178,074     9,731,179     1,704,084
 2004          6,000           0           0           0         6,000      1,519,024    11,250,203     1,075,417
 2005          6,000           0           0           0         6,000      1,101,996    12,352,199       706,024
 2006          7,200           0           0           0         7,200        935,927    13,288,126       541,578
 2007          7,200           0           0           0         7,200        747,972    14,036,098       392,575
 2008          7,200           0           0           0         7,200        578,226    14,614,324       274,641
 2009          7,200           0           0           0         7,200        460,555    15,074,879       197,973
 2010          7,200           0           0           0         7,200        375,530    15,450,409       146,098
 2011          5,796           0           0           0         5,796        255,390    15,705,799        90,738
 2012              0           0           0           0             0              0    15,705,799             0
 2013              0           0           0           0             0              0    15,705,799             0
 2014              0           0           0           0             0              0    15,705,799             0
 2015              0           0           0           0             0              0    15,705,799             0

 SUBTOT       70,796           0      20,000           0        90,796     15,705,799                  12,011,204
 REMAIN            0           0           0           0             0              0    15,705,799             0
 TOTAL        70,796           0      20,000           0        90,796     15,705,799                  12,011,204

   LIFE OF EVALUATION IS 10.80 YEARS.
   FINAL PRODUCTION RATE: 3.1 MMCF/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 181
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   11-T1S-R74E                                              PROVED
     D. SUTTON HEIRS #1   (KNOX)                                                       SHUT-IN

<CAPTION>
                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>     <C>            <C>        <C>
 INITIAL -   1.000000                      0.678444                             9.77        5.00% -    13,254,043
 FINAL   -   1.000000                      0.678444                             9.77       10.00% -    11,140,327
 REMARKS - CAPITAL INCLUDED TO PERFORATE REMAINDER OF KNOX PAY.                            15.00% -     9,651,960
                                                                                           20.00% -     8,549,636
                                                                                           25.00% -     7,697,839
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>   <C>   <C>           <C>         <C>          <C>            <C>            <C>           <C>       <C>
 2001     1             0           0         579               0           0         392.604       0.00     9.77
 2002     1             0           0         430               0           0         291.755       0.00     9.77
 2003     1             0           0         285               0           0         193.571       0.00     9.77
 2004     1             0           0         199               0           0         135.162       0.00     9.77
 2005     1             0           0         145               0           0          98.201       0.00     9.77
 2006     1             0           0         128               0           0          86.822       0.00     9.77
 2007     1             0           0         117               0           0          79.671       0.00     9.77
 2008     1             0           0         103               0           0          69.593       0.00     9.77
 2009     1             0           0          90               0           0          61.339       0.00     9.77
 2010     1             0           0          81               0           0          54.492       0.00     9.77
 2011     1             0           0          72               0           0          48.746       0.00     9.77
 2012     1             0           0          64               0           0          43.876       0.00     9.77
 2013     1             0           0          59               0           0          39.712       0.00     9.77
 2014     1             0           0          53               0           0          36.122       0.00     9.77
 2015     1             0           0          49               0           0          33.005       0.00     9.77

 SUB-TOTAL              0           0       2,454               0           0       1,664.671       0.00     9.77
 REMAINDER              0           0         124               0           0          84.464       0.00     9.77
 TOTAL                  0           0       2,578               0           0       1,749.135       0.00     9.77

 CUMULATIVE             0           0           0
 ULTIMATE               0           0       2,578
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>     <C>            <C>         <C>           <C>          <C>           <C>         <C>         <C>
 2001                0           0     3,835,738            0     3,835,738           0     115,072     3,720,666
 2002                0           0     2,850,451            0     2,850,451           0      85,514     2,764,937
 2003                0           0     1,891,189            0     1,891,189           0      56,735     1,834,454
 2004                0           0     1,320,528            0     1,320,528           0      39,616     1,280,912
 2005                0           0       959,427            0       959,427           0      28,783       930,644
 2006                0           0       848,255            0       848,255           0      25,448       822,807
 2007                0           0       778,388            0       778,388           0      23,351       755,037
 2008                0           0       679,924            0       679,924           0      20,398       659,526
 2009                0           0       599,284            0       599,284           0      17,979       581,305
 2010                0           0       532,382            0       532,382           0      15,971       516,411
 2011                0           0       476,247            0       476,247           0      14,287       461,960
 2012                0           0       428,669            0       428,669           0      12,860       415,809
 2013                0           0       387,983            0       387,983           0      11,640       376,343
 2014                0           0       352,910            0       352,910           0      10,587       342,323
 2015                0           0       322,457            0       322,457           0       9,674       312,783

 SUB-TOT             0           0    16,263,832            0    16,263,832           0     487,915    15,775,917
 REMAIN              0           0       825,209            0       825,209           0      24,756       800,453
 TOTAL               0           0    17,089,041            0    17,089,041           0     512,671    16,576,370
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>     <C>          <C>         <C>         <C>         <C>           <C>            <C>           <C>
 2001          5,000           0      20,000           0        25,000      3,695,666     3,695,666     3,503,151
 2002          6,000           0           0           0         6,000      2,758,937     6,454,603     2,385,690
 2003          6,000           0           0           0         6,000      1,828,454     8,283,057     1,430,550
 2004          6,000           0           0           0         6,000      1,274,912     9,557,969       902,596
 2005          6,000           0           0           0         6,000        924,644    10,482,613       592,400
 2006          7,200           0           0           0         7,200        815,607    11,298,220       471,489
 2007          7,200           0           0           0         7,200        747,837    12,046,057       392,075
 2008          7,200           0           0           0         7,200        652,326    12,698,383       309,559
 2009          7,200           0           0           0         7,200        574,105    13,272,488       246,598
 2010          7,200           0           0           0         7,200        509,211    13,781,699       197,981
 2011          7,200           0           0           0         7,200        454,760    14,236,459       160,042
 2012          7,200           0           0           0         7,200        408,609    14,645,068       130,163
 2013          7,200           0           0           0         7,200        369,143    15,014,211       106,441
 2014          7,200           0           0           0         7,200        335,123    15,349,334        87,469
 2015          7,200           0           0           0         7,200        305,583    15,654,917        72,196

 SUBTOT      101,000           0      20,000           0       121,000     15,654,917                  10,988,400
 REMAIN       21,754           0           0           0        21,754        778,699    16,433,616       151,927
 TOTAL       122,754           0      20,000           0       142,754     16,433,616                  11,140,327

   LIFE OF EVALUATION IS 18.02 YEARS.
   FINAL PRODUCTION RATE: 3.0 MMCF/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 182
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   11-T1S-R74E                                              PROVED
     D. SUTTON HEIRS #1   (TRENTON)                                                    BEHIND PIPE

<CAPTION>
                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>     <C>            <C>        <C>
 INITIAL -   1.000000                      0.678444                             9.77        5.00% -       859,995
 FINAL   -   1.000000                      0.678444                             9.77       10.00% -       593,815
 REMARKS - COMPLETION COST IS SHOWN AS A DEVELOPMENT COST IN 2006.                         15.00% -       413,743
                                                                                           20.00% -       290,745
                                                                                           25.00% -       205,950
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>   <C>   <C>           <C>         <C>          <C>            <C>            <C>           <C>       <C>
 2001                   0           0           0               0           0           0.000       0.00     0.00
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006     1             0           0          49               0           0          33.339       0.00     9.77
 2007     1             0           0          40               0           0          27.189       0.00     9.77
 2008     1             0           0          34               0           0          22.617       0.00     9.77
 2009     1             0           0          28               0           0          19.123       0.00     9.77
 2010     1             0           0          24               0           0          16.391       0.00     9.77
 2011     1             0           0          21               0           0          14.213       0.00     9.77
 2012     1             0           0          10               0           0           6.888       0.00     9.77
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0         206               0           0         139.760       0.00     9.77
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0         206               0           0         139.760       0.00     9.77

 CUMULATIVE             0           0           0
 ULTIMATE               0           0         206
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>     <C>            <C>         <C>           <C>          <C>           <C>         <C>         <C>
 2001                0           0             0            0             0           0           0             0
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0       325,727            0       325,727           0       9,772       315,955
 2007                0           0       265,637            0       265,637           0       7,969       257,668
 2008                0           0       220,968            0       220,968           0       6,629       214,339
 2009                0           0       186,830            0       186,830           0       5,605       181,225
 2010                0           0       160,137            0       160,137           0       4,804       155,333
 2011                0           0       138,856            0       138,856           0       4,166       134,690
 2012                0           0        67,295            0        67,295           0       2,018        65,277
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT             0           0     1,365,450            0     1,365,450           0      40,963     1,324,487
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0     1,365,450            0     1,365,450           0      40,963     1,324,487
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>     <C>          <C>         <C>         <C>         <C>           <C>            <C>           <C>
 2001              0           0           0           0             0              0             0             0
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006          7,200           0      20,000           0        27,200        288,755       288,755       166,834
 2007          7,200           0           0           0         7,200        250,468       539,223       131,377
 2008          7,200           0           0           0         7,200        207,139       746,362        98,337
 2009          7,200           0           0           0         7,200        174,025       920,387        74,777
 2010          7,200           0           0           0         7,200        148,133     1,068,520        57,612
 2011          7,200           0           0           0         7,200        127,490     1,196,010        44,880
 2012          3,870           0           0           0         3,870         61,407     1,257,417        19,998
 2013              0           0           0           0             0              0     1,257,417             0
 2014              0           0           0           0             0              0     1,257,417             0
 2015              0           0           0           0             0              0     1,257,417             0

 SUBTOT       47,070           0      20,000           0        67,070      1,257,417                     593,815
 REMAIN            0           0           0           0             0              0     1,257,417             0
 TOTAL        47,070           0      20,000           0        67,070      1,257,417                     593,815

   LIFE OF EVALUATION IS 11.54 YEARS.
   FINAL PRODUCTION RATE: 1.5 MMCF/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 183
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   6-T1S-R75E                                               PROVED
     DARRELL SUTTON #1   (KNOX)                                                        SHUT-IN

<CAPTION>
                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>     <C>            <C>        <C>
 INITIAL -   1.000000                      0.875000                             9.77        5.00% -       759,401
 FINAL   -   1.000000                      0.875000                             9.77       10.00% -       711,752
 REMARKS - CAPITAL INCLUDED TO PERFORATE REMAINDER OF KNOX PAY.                            15.00% -       668,013
                                                                                           20.00% -       627,811
                                                                                           25.00% -       590,812
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>   <C>   <C>           <C>         <C>          <C>            <C>            <C>           <C>       <C>
 2001     1             0           0          39               0           0          34.005       0.00     9.77
 2002     1             0           0          41               0           0          36.318       0.00     9.77
 2003     1             0           0          22               0           0          18.927       0.00     9.77
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0         102               0           0          89.250       0.00     9.77
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0         102               0           0          89.250       0.00     9.77

 CUMULATIVE             0           0           0
 ULTIMATE               0           0         102
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>     <C>            <C>         <C>           <C>          <C>           <C>         <C>         <C>
 2001                0           0       332,228            0       332,228           0       9,967       322,261
 2002                0           0       354,831            0       354,831           0      10,645       344,186
 2003                0           0       184,914            0       184,914           0       5,547       179,367
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT             0           0       871,973            0       871,973           0      26,159       845,814
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0       871,973            0       871,973           0      26,159       845,814
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>     <C>          <C>         <C>         <C>         <C>           <C>            <C>           <C>
 2001          5,000           0      20,000           0        25,000        297,261       297,261       279,916
 2002          6,000           0           0           0         6,000        338,186       635,447       291,682
 2003          3,440           0           0           0         3,440        175,927       811,374       140,154
 2004              0           0           0           0             0              0       811,374             0
 2005              0           0           0           0             0              0       811,374             0
 2006              0           0           0           0             0              0       811,374             0
 2007              0           0           0           0             0              0       811,374             0
 2008              0           0           0           0             0              0       811,374             0
 2009              0           0           0           0             0              0       811,374             0
 2010              0           0           0           0             0              0       811,374             0
 2011              0           0           0           0             0              0       811,374             0
 2012              0           0           0           0             0              0       811,374             0
 2013              0           0           0           0             0              0       811,374             0
 2014              0           0           0           0             0              0       811,374             0
 2015              0           0           0           0             0              0       811,374             0

 SUBTOT       14,440           0      20,000           0        34,440        811,374                     711,752
 REMAIN            0           0           0           0             0              0       811,374             0
 TOTAL        14,440           0      20,000           0        34,440        811,374                     711,752

   LIFE OF EVALUATION IS 2.57 YEARS.
   FINAL PRODUCTION RATE: 3.1 MMCF/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 184
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           OIL LEASE
   MILLER PETROLEUM - OPERATOR   6-T1S-R75E                                            PROVED
     DEWEY SUTTON #1   (TRENTON)                                                       PRODUCING

<CAPTION>
                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>     <C>            <C>        <C>
 INITIAL -   1.000000  0.875000                         24.10                               5.00% -     1,484,243
 FINAL   -   1.000000  0.875000                         24.10                              10.00% -     1,292,196
 REMARKS -                                                                                 15.00% -     1,142,188
                                                                                           20.00% -     1,022,461
                                                                                           25.00% -       925,055
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>      <C>              <C>         <C>        <C>              <C>         <C>        <C>       <C>
 2001     1        20,620           0           0          18,042           0           0.000      24.10     0.00
 2002     1        16,116           0           0          14,102           0           0.000      24.10     0.00
 2003     1        12,597           0           0          11,023           0           0.000      24.10     0.00
 2004     1         9,846           0           0           8,615           0           0.000      24.10     0.00
 2005     1         7,696           0           0           6,734           0           0.000      24.10     0.00
 2006     1         6,015           0           0           5,263           0           0.000      24.10     0.00
 2007     1         4,701           0           0           4,113           0           0.000      24.10     0.00
 2008     1         3,675           0           0           3,216           0           0.000      24.10     0.00
 2009     1         2,872           0           0           2,513           0           0.000      24.10     0.00
 2010     1         2,245           0           0           1,964           0           0.000      24.10     0.00
 2011     1         1,755           0           0           1,535           0           0.000      24.10     0.00
 2012     1         1,371           0           0           1,200           0           0.000      24.10     0.00
 2013     1         1,072           0           0             938           0           0.000      24.10     0.00
 2014     1           838           0           0             734           0           0.000      24.10     0.00
 2015     1            75           0           0              65           0           0.000      24.10     0.00

 SUB-TOTAL         91,494           0           0          80,057           0           0.000      24.10     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL             91,494           0           0          80,057           0           0.000      24.10     0.00

 CUMULATIVE         6,006           0           0
 ULTIMATE          97,500           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>     <C>            <C>         <C>           <C>          <C>           <C>         <C>         <C>
 2001          434,821           0             0            0       434,821      13,045           0       421,776
 2002          339,860           0             0            0       339,860      10,195           0       329,665
 2003          265,638           0             0            0       265,638       7,970           0       257,668
 2004          207,625           0             0            0       207,625       6,228           0       201,397
 2005          162,282           0             0            0       162,282       4,869           0       157,413
 2006          126,841           0             0            0       126,841       3,805           0       123,036
 2007           99,141           0             0            0        99,141       2,974           0        96,167
 2008           77,489           0             0            0        77,489       2,325           0        75,164
 2009           60,566           0             0            0        60,566       1,817           0        58,749
 2010           47,339           0             0            0        47,339       1,420           0        45,919
 2011           37,001           0             0            0        37,001       1,110           0        35,891
 2012           28,920           0             0            0        28,920         868           0        28,052
 2013           22,605           0             0            0        22,605         678           0        21,927
 2014           17,668           0             0            0        17,668         530           0        17,138
 2015            1,584           0             0            0         1,584          47           0         1,537

 SUB-TOT     1,929,380           0             0            0     1,929,380      57,881           0     1,871,499
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL       1,929,380           0             0            0     1,929,380      57,881           0     1,871,499
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>     <C>          <C>         <C>         <C>         <C>           <C>            <C>           <C>
 2001          9,600           0           0           0         9,600        412,176       412,176       393,131
 2002          9,600           0           0           0         9,600        320,065       732,241       276,343
 2003          9,600           0           0           0         9,600        248,068       980,309       193,883
 2004          9,600           0           0           0         9,600        191,797     1,172,106       135,697
 2005          9,600           0           0           0         9,600        147,813     1,319,919        94,669
 2006          9,600           0           0           0         9,600        113,436     1,433,355        65,767
 2007          9,600           0           0           0         9,600         86,567     1,519,922        45,435
 2008          9,600           0           0           0         9,600         65,564     1,585,486        31,151
 2009          9,600           0           0           0         9,600         49,149     1,634,635        21,141
 2010          9,600           0           0           0         9,600         36,319     1,670,954        14,144
 2011          9,600           0           0           0         9,600         26,291     1,697,245         9,270
 2012          9,600           0           0           0         9,600         18,452     1,715,697         5,891
 2013          9,600           0           0           0         9,600         12,327     1,728,024         3,564
 2014          9,600           0           0           0         9,600          7,538     1,735,562         1,975
 2015            989           0           0           0           989            548     1,736,110           135

 SUBTOT      135,389           0           0           0       135,389      1,736,110                   1,292,196
 REMAIN            0           0           0           0             0              0     1,736,110             0
 TOTAL       135,389           0           0           0       135,389      1,736,110                   1,292,196

   LIFE OF EVALUATION IS 14.10 YEARS.
   FINAL PRODUCTION RATE: 60 BBLS/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 185
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   11-T1S-R74E                                              PROVED
     DORIS HELTON #1   (KNOX)                                                          SHUT-IN

<CAPTION>
                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>     <C>            <C>        <C>
 INITIAL -   1.000000                      0.875000                             9.77        5.00% -    12,270,843
 FINAL   -   1.000000                      0.875000                             9.77       10.00% -    10,360,880
 REMARKS - CAPITAL INCLUDED TO PERFORATE REMAINDER OF KNOX PAY.                            15.00% -     8,991,787
                                                                                           20.00% -     7,968,182
                                                                                           25.00% -     7,174,010
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>   <C>   <C>           <C>         <C>          <C>            <C>            <C>           <C>       <C>
 2001     1             0           0         420               0           0         367.366       0.00     9.77
 2002     1             0           0         308               0           0         269.813       0.00     9.77
 2003     1             0           0         205               0           0         179.006       0.00     9.77
 2004     1             0           0         143               0           0         124.988       0.00     9.77
 2005     1             0           0         103               0           0          90.808       0.00     9.77
 2006     1             0           0          93               0           0          80.724       0.00     9.77
 2007     1             0           0          86               0           0          75.669       0.00     9.77
 2008     1             0           0          77               0           0          67.433       0.00     9.77
 2009     1             0           0          69               0           0          60.490       0.00     9.77
 2010     1             0           0          63               0           0          54.583       0.00     9.77
 2011     1             0           0          56               0           0          49.513       0.00     9.77
 2012     1             0           0          52               0           0          45.128       0.00     9.77
 2013     1             0           0          47               0           0          41.310       0.00     9.77
 2014     1             0           0          43               0           0          37.963       0.00     9.77
 2015     1             0           0          40               0           0          35.013       0.00     9.77

 SUB-TOTAL              0           0       1,805               0           0       1,579.807       0.00     9.77
 REMAINDER              0           0          26               0           0          22.690       0.00     9.77
 TOTAL                  0           0       1,831               0           0       1,602.497       0.00     9.77

 CUMULATIVE             0           0           0
 ULTIMATE               0           0       1,831
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>     <C>            <C>         <C>           <C>          <C>           <C>         <C>         <C>
 2001                0           0     3,589,169            0     3,589,169           0     107,675     3,481,494
 2002                0           0     2,636,070            0     2,636,070           0      79,082     2,556,988
 2003                0           0     1,748,893            0     1,748,893           0      52,467     1,696,426
 2004                0           0     1,221,137            0     1,221,137           0      36,634     1,184,503
 2005                0           0       887,195            0       887,195           0      26,616       860,579
 2006                0           0       788,677            0       788,677           0      23,660       765,017
 2007                0           0       739,283            0       739,283           0      22,179       717,104
 2008                0           0       658,816            0       658,816           0      19,764       639,052
 2009                0           0       590,992            0       590,992           0      17,730       573,262
 2010                0           0       533,277            0       533,277           0      15,998       517,279
 2011                0           0       483,742            0       483,742           0      14,513       469,229
 2012                0           0       440,902            0       440,902           0      13,227       427,675
 2013                0           0       403,595            0       403,595           0      12,107       391,488
 2014                0           0       370,900            0       370,900           0      11,127       359,773
 2015                0           0       342,082            0       342,082           0      10,263       331,819

 SUB-TOT             0           0    15,434,730            0    15,434,730           0     463,042    14,971,688
 REMAIN              0           0       221,677            0       221,677           0       6,650       215,027
 TOTAL               0           0    15,656,407            0    15,656,407           0     469,692    15,186,715
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>     <C>          <C>         <C>         <C>         <C>           <C>            <C>           <C>
 2001          5,000           0      20,000           0        25,000      3,456,494     3,456,494     3,277,659
 2002          6,000           0           0           0         6,000      2,550,988     6,007,482     2,205,876
 2003          6,000           0           0           0         6,000      1,690,426     7,697,908     1,322,561
 2004          6,000           0           0           0         6,000      1,178,503     8,876,411       834,342
 2005          6,000           0           0           0         6,000        854,579     9,730,990       547,512
 2006          7,200           0           0           0         7,200        757,817    10,488,807       438,015
 2007          7,200           0           0           0         7,200        709,904    11,198,711       372,122
 2008          7,200           0           0           0         7,200        631,852    11,830,563       299,797
 2009          7,200           0           0           0         7,200        566,062    12,396,625       243,111
 2010          7,200           0           0           0         7,200        510,079    12,906,704       198,293
 2011          7,200           0           0           0         7,200        462,029    13,368,733       162,582
 2012          7,200           0           0           0         7,200        420,475    13,789,208       133,930
 2013          7,200           0           0           0         7,200        384,288    14,173,496       110,798
 2014          7,200           0           0           0         7,200        352,573    14,526,069        92,015
 2015          7,200           0           0           0         7,200        324,619    14,850,688        76,688

 SUBTOT      101,000           0      20,000           0       121,000     14,850,688                  10,315,301
 REMAIN        4,984           0           0           0         4,984        210,043    15,060,731        45,579
 TOTAL       105,984           0      20,000           0       125,984     15,060,731                  10,360,880

   LIFE OF EVALUATION IS 15.69 YEARS.
   FINAL PRODUCTION RATE: 3.0 MMCF/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 186
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   11-T1S-R74E                                              PROVED
     DORIS HELTON #1   (TRENTON-STONE RIVER)                                           BEHIND PIPE

<CAPTION>
                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>     <C>            <C>        <C>
 INITIAL -   1.000000                      0.875000                             9.77        5.00% -       621,246
 FINAL   -   1.000000                      0.875000                             9.77       10.00% -       442,093
 REMARKS - COMPLETION COST IS SHOWN AS A DEVELOPMENT COST IN 2006.                         15.00% -       316,162
                                                                                           20.00% -       227,192
                                                                                           25.00% -       164,019
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>   <C>   <C>           <C>         <C>          <C>            <C>            <C>           <C>       <C>
 2001                   0           0           0               0           0           0.000       0.00     0.00
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006     1             0           0          33               0           0          29.122       0.00     9.77
 2007     1             0           0          28               0           0          24.442       0.00     9.77
 2008     1             0           0          24               0           0          20.819       0.00     9.77
 2009     1             0           0          21               0           0          17.957       0.00     9.77
 2010     1             0           0           6               0           0           5.660       0.00     9.77
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0         112               0           0          98.000       0.00     9.77
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0         112               0           0          98.000       0.00     9.77

 CUMULATIVE             0           0           0
 ULTIMATE               0           0         112
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>     <C>            <C>         <C>           <C>          <C>           <C>         <C>         <C>
 2001                0           0             0            0             0           0           0             0
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0       284,526            0       284,526           0       8,536       275,990
 2007                0           0       238,794            0       238,794           0       7,164       231,630
 2008                0           0       203,406            0       203,406           0       6,102       197,304
 2009                0           0       175,440            0       175,440           0       5,263       170,177
 2010                0           0        55,294            0        55,294           0       1,659        53,635
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT             0           0       957,460            0       957,460           0      28,724       928,736
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0       957,460            0       957,460           0      28,724       928,736
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>     <C>          <C>         <C>         <C>         <C>           <C>            <C>           <C>
 2001              0           0           0           0             0              0             0             0
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006          7,200           0      20,000           0        27,200        248,790       248,790       143,632
 2007          7,200           0           0           0         7,200        224,430       473,220       117,694
 2008          7,200           0           0           0         7,200        190,104       663,324        90,234
 2009          7,200           0           0           0         7,200        162,977       826,301        70,018
 2010          2,494           0           0           0         2,494         51,141       877,442        20,515
 2011              0           0           0           0             0              0       877,442             0
 2012              0           0           0           0             0              0       877,442             0
 2013              0           0           0           0             0              0       877,442             0
 2014              0           0           0           0             0              0       877,442             0
 2015              0           0           0           0             0              0       877,442             0

 SUBTOT       31,294           0      20,000           0        51,294        877,442                     442,093
 REMAIN            0           0           0           0             0              0       877,442             0
 TOTAL        31,294           0      20,000           0        51,294        877,442                     442,093

   LIFE OF EVALUATION IS 9.35 YEARS.
   FINAL PRODUCTION RATE: 1.5 MMCF/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 187
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   6-T1S-R75E                                               PROVED
     GARY PATTON #2   (KNOX)                                                           SHUT-IN

<CAPTION>
                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>     <C>            <C>        <C>
 INITIAL -   1.000000                      0.656250                             9.77        5.00% -     4,724,131
 FINAL   -   1.000000                      0.656250                             9.77       10.00% -     4,250,549
 REMARKS - CAPITAL INCLUDED TO PERFORATE REMAINDER OF KNOX PAY.                            15.00% -     3,860,243
                                                                                           20.00% -     3,534,312
                                                                                           25.00% -     3,258,734
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>   <C>   <C>           <C>         <C>          <C>            <C>            <C>           <C>       <C>
 2001     1             0           0         290               0           0         190.317       0.00     9.77
 2002     1             0           0         191               0           0         125.633       0.00     9.77
 2003     1             0           0         117               0           0          76.602       0.00     9.77
 2004     1             0           0          77               0           0          50.224       0.00     9.77
 2005     1             0           0          53               0           0          34.754       0.00     9.77
 2006     1             0           0          45               0           0          30.013       0.00     9.77
 2007     1             0           0          44               0           0          28.481       0.00     9.77
 2008     1             0           0          39               0           0          25.736       0.00     9.77
 2009     1             0           0           9               0           0           5.833       0.00     9.77
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0         865               0           0         567.593       0.00     9.77
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0         865               0           0         567.593       0.00     9.77

 CUMULATIVE             0           0           0
 ULTIMATE               0           0         865
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>     <C>            <C>         <C>           <C>          <C>           <C>         <C>         <C>
 2001                0           0     1,859,399            0     1,859,399           0      55,782     1,803,617
 2002                0           0     1,227,437            0     1,227,437           0      36,823     1,190,614
 2003                0           0       748,400            0       748,400           0      22,452       725,948
 2004                0           0       490,693            0       490,693           0      14,721       475,972
 2005                0           0       339,548            0       339,548           0      10,186       329,362
 2006                0           0       293,228            0       293,228           0       8,797       284,431
 2007                0           0       278,262            0       278,262           0       8,348       269,914
 2008                0           0       251,438            0       251,438           0       7,543       243,895
 2009                0           0        56,989            0        56,989           0       1,710        55,279
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT             0           0     5,545,394            0     5,545,394           0     166,362     5,379,032
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0     5,545,394            0     5,545,394           0     166,362     5,379,032
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>     <C>          <C>         <C>         <C>         <C>           <C>            <C>           <C>
 2001          5,000           0      20,000           0        25,000      1,778,617     1,778,617     1,687,548
 2002          6,000           0           0           0         6,000      1,184,614     2,963,231     1,025,178
 2003          6,000           0           0           0         6,000        719,948     3,683,179       563,614
 2004          6,000           0           0           0         6,000        469,972     4,153,151       332,882
 2005          6,000           0           0           0         6,000        323,362     4,476,513       207,252
 2006          7,200           0           0           0         7,200        277,231     4,753,744       160,234
 2007          7,200           0           0           0         7,200        262,714     5,016,458       137,696
 2008          7,200           0           0           0         7,200        236,695     5,253,153       112,295
 2009          1,734           0           0           0         1,734         53,545     5,306,698        23,850
 2010              0           0           0           0             0              0     5,306,698             0
 2011              0           0           0           0             0              0     5,306,698             0
 2012              0           0           0           0             0              0     5,306,698             0
 2013              0           0           0           0             0              0     5,306,698             0
 2014              0           0           0           0             0              0     5,306,698             0
 2015              0           0           0           0             0              0     5,306,698             0

 SUBTOT       52,334           0      20,000           0        72,334      5,306,698                   4,250,549
 REMAIN            0           0           0           0             0              0     5,306,698             0
 TOTAL        52,334           0      20,000           0        72,334      5,306,698                   4,250,549

   LIFE OF EVALUATION IS 8.24 YEARS.
   FINAL PRODUCTION RATE: 3.1 MMCF/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 188
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           OIL LEASE
   TENGASCO INC. - OPERATOR   6-T1S-R75E                                               PROVED
     GARY PATTON #2   (KNOX)                                                           BEHIND PIPE

<CAPTION>
                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>     <C>            <C>        <C>
 INITIAL -   1.000000  0.656250            0.656250     24.10                   9.77        5.00% -       392,150
 FINAL   -   1.000000  0.656250            0.656250     24.10                   9.77       10.00% -       235,603
 REMARKS - COMPLETION COST IS SHOWN AS A DEVELOPMENT COST IN 2009.                         15.00% -       142,391
                                                                                           20.00% -        86,537
                                                                                           25.00% -        52,868
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>   <C>   <C>           <C>         <C>          <C>            <C>            <C>           <C>       <C>
 2001                   0           0           0               0           0           0.000       0.00     0.00
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009     1         2,568           0           9           1,685           0           5.634      24.10     9.77
 2010     1         7,532           0          25           4,943           0          16.524      24.10     9.77
 2011     1         4,510           0          15           2,960           0           9.895      24.10     9.77
 2012     1         2,701           0           9           1,772           0           5.925      24.10     9.77
 2013     1         1,617           0           5           1,061           0           3.548      24.10     9.77
 2014     1           968           0           4             636           0           2.125      24.10     9.77
 2015     1           580           0           1             381           0           1.272      24.10     9.77

 SUB-TOTAL         20,476           0          68          13,438           0          44.923      24.10     9.77
 REMAINDER            164           0           1             107           0           0.359      24.10     9.77
 TOTAL             20,640           0          69          13,545           0          45.282      24.10     9.77

 CUMULATIVE             0           0           0
 ULTIMATE          20,640           0          69
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>     <C>            <C>         <C>           <C>          <C>           <C>         <C>         <C>
 2001                0           0             0            0             0           0           0             0
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009           40,613           0        55,040            0        95,653       1,218       1,651        92,784
 2010          119,119           0       161,436            0       280,555       3,574       4,843       272,138
 2011           71,331           0        96,670            0       168,001       2,140       2,900       162,961
 2012           42,715           0        57,889            0       100,604       1,281       1,737        97,586
 2013           25,578           0        34,665            0        60,243         768       1,040        58,435
 2014           15,317           0        20,757            0        36,074         459         623        34,992
 2015            9,172           0        12,431            0        21,603         275         373        20,955

 SUB-TOT       323,845           0       438,888            0       762,733       9,715      13,167       739,851
 REMAIN          2,590           0         3,509            0         6,099          78         105         5,916
 TOTAL         326,435           0       442,397            0       768,832       9,793      13,272       745,767
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>     <C>          <C>         <C>         <C>         <C>           <C>            <C>           <C>
 2001              0           0           0           0             0              0             0             0
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009          2,400           0      25,000           0        27,400         65,384        65,384        26,941
 2010          9,600           0           0           0         9,600        262,538       327,922       102,421
 2011          9,600           0           0           0         9,600        153,361       481,283        54,164
 2012          9,600           0           0           0         9,600         87,986       569,269        28,135
 2013          9,600           0           0           0         9,600         48,835       618,104        14,141
 2014          9,600           0           0           0         9,600         25,392       643,496         6,661
 2015          9,600           0           0           0         9,600         11,355       654,851         2,701

 SUBTOT       60,000           0      25,000           0        85,000        654,851                     235,164
 REMAIN        3,925           0           0           0         3,925          1,991       656,842           439
 TOTAL        63,925           0      25,000           0        88,925        656,842                     235,603

   LIFE OF EVALUATION IS 15.41 YEARS.
   FINAL PRODUCTION RATE: 31 BBLS/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 189
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           OIL LEASE
   TENGASCO INC. - OPERATOR   6-T1S-R75E                                               PROVED
     LAURA J. LAWSON #1   (MURFREESBORO)                                               SHUT-IN

<CAPTION>
                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>     <C>            <C>        <C>
 INITIAL -   1.000000                                                                       5.00% -             0
 FINAL   -   1.000000                                                                      10.00% -             0
 REMARKS - NO RESERVES ASSIGNED PENDING ADDITIONAL DATA.                                   15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>   <C>   <C>           <C>         <C>          <C>            <C>            <C>           <C>       <C>
 2001                   0           0           0               0           0           0.000       0.00     0.00
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE             0           0           0
 ULTIMATE               0           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>     <C>            <C>         <C>           <C>          <C>           <C>         <C>         <C>
 2001                0           0             0            0             0           0           0             0
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>     <C>          <C>         <C>         <C>         <C>           <C>            <C>           <C>
 2001              0           0           0           0             0              0             0             0
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0 BBLS/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 190
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   6-T1S-R75E                                               PROVED
     LAURA J. LAWSON #1   (MURFREESBORO)                                               BEHIND PIPE

<CAPTION>
                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>     <C>            <C>        <C>
 INITIAL -   1.000000                      0.875000                             9.77        5.00% -        75,192
 FINAL   -   1.000000                      0.875000                             9.77       10.00% -        55,309
 REMARKS - COMPLETION COST IS SHOWN AS A DEVELOPMENT COST IN 2006.                         15.00% -        40,772
                                                                                           20.00% -        30,119
                                                                                           25.00% -        22,296
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>   <C>   <C>           <C>         <C>          <C>            <C>            <C>           <C>       <C>
 2001                   0           0           0               0           0           0.000       0.00     0.00
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006     1             0           0           9               0           0           7.777       0.00     9.77
 2007     1             0           0           6               0           0           5.050       0.00     9.77
 2008     1             0           0           2               0           0           2.048       0.00     9.77
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0          17               0           0          14.875       0.00     9.77
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0          17               0           0          14.875       0.00     9.77

 CUMULATIVE             0           0           0
 ULTIMATE               0           0          17
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>     <C>            <C>         <C>           <C>          <C>           <C>         <C>         <C>
 2001                0           0             0            0             0           0           0             0
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0        75,980            0        75,980           0       2,279        73,701
 2007                0           0        49,341            0        49,341           0       1,481        47,860
 2008                0           0        20,008            0        20,008           0         600        19,408
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT             0           0       145,329            0       145,329           0       4,360       140,969
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0       145,329            0       145,329           0       4,360       140,969
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>           <C>              <C>    <C>              <C>      <C>           <C>           <C>            <C>
 2001              0           0           0           0             0              0             0             0
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006          7,200           0      20,000           0        27,200         46,501        46,501        26,517
 2007          7,200           0           0           0         7,200         40,660        87,161        21,381
 2008          4,121           0           0           0         4,121         15,287       102,448         7,411
 2009              0           0           0           0             0              0       102,448             0
 2010              0           0           0           0             0              0       102,448             0
 2011              0           0           0           0             0              0       102,448             0
 2012              0           0           0           0             0              0       102,448             0
 2013              0           0           0           0             0              0       102,448             0
 2014              0           0           0           0             0              0       102,448             0
 2015              0           0           0           0             0              0       102,448             0

 SUBTOT       18,521           0      20,000           0        38,521        102,448                      55,309
 REMAIN            0           0           0           0             0              0       102,448             0
 TOTAL        18,521           0      20,000           0        38,521        102,448                      55,309

   LIFE OF EVALUATION IS 7.57 YEARS.
   FINAL PRODUCTION RATE: 0.3 MMCF/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 191
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   6-T1S-R75E                                               PROVED
     LAURA J. LAWSON #2   (KNOX)                                                       SHUT-IN

<CAPTION>
                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>     <C>            <C>        <C>
 INITIAL -   1.000000                      0.656250                             9.77        5.00% -     5,831,052
 FINAL   -   1.000000                      0.656250                             9.77       10.00% -     5,124,797
 REMARKS - CAPITAL INCLUDED TO PERFORATE REMAINDER OF KNOX PAY.                            15.00% -     4,565,344
                                                                                           20.00% -     4,114,013
                                                                                           25.00% -     3,743,611
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>   <C>   <C>           <C>         <C>          <C>            <C>            <C>           <C>       <C>
 2001     1             0           0         299               0           0         196.344       0.00     9.77
 2002     1             0           0         220               0           0         144.187       0.00     9.77
 2003     1             0           0         146               0           0          95.660       0.00     9.77
 2004     1             0           0         101               0           0          66.793       0.00     9.77
 2005     1             0           0          74               0           0          48.527       0.00     9.77
 2006     1             0           0          66               0           0          42.729       0.00     9.77
 2007     1             0           0          58               0           0          38.616       0.00     9.77
 2008     1             0           0          51               0           0          33.250       0.00     9.77
 2009     1             0           0          44               0           0          28.945       0.00     9.77
 2010     1             0           0          38               0           0          25.090       0.00     9.77
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0       1,097               0           0         720.141       0.00     9.77
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0       1,097               0           0         720.141       0.00     9.77

 CUMULATIVE             0           0           0
 ULTIMATE               0           0       1,097
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>     <C>            <C>         <C>           <C>          <C>           <C>         <C>         <C>
 2001                0           0     1,918,277            0     1,918,277           0      57,548     1,860,729
 2002                0           0     1,408,710            0     1,408,710           0      42,262     1,366,448
 2003                0           0       934,601            0       934,601           0      28,038       906,563
 2004                0           0       652,568            0       652,568           0      19,577       632,991
 2005                0           0       474,111            0       474,111           0      14,223       459,888
 2006                0           0       417,458            0       417,458           0      12,524       404,934
 2007                0           0       377,276            0       377,276           0      11,318       365,958
 2008                0           0       324,857            0       324,857           0       9,746       315,111
 2009                0           0       282,794            0       282,794           0       8,484       274,310
 2010                0           0       245,134            0       245,134           0       7,354       237,780
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT             0           0     7,035,786            0     7,035,786           0     211,074     6,824,712
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0     7,035,786            0     7,035,786           0     211,074     6,824,712
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>     <C>          <C>         <C>         <C>         <C>           <C>            <C>           <C>
 2001          5,000           0      20,000           0        25,000      1,835,729     1,835,729     1,740,401
 2002          6,000           0           0           0         6,000      1,360,448     3,196,177     1,176,408
 2003          6,000           0           0           0         6,000        900,563     4,096,740       704,592
 2004          6,000           0           0           0         6,000        626,991     4,723,731       443,895
 2005          6,000           0           0           0         6,000        453,888     5,177,619       290,802
 2006          7,200           0           0           0         7,200        397,734     5,575,353       229,945
 2007          7,200           0           0           0         7,200        358,758     5,934,111       188,116
 2008          7,200           0           0           0         7,200        307,911     6,242,022       146,136
 2009          7,200           0           0           0         7,200        267,110     6,509,132       114,747
 2010          7,096           0           0           0         7,096        230,684     6,739,816        89,755
 2011              0           0           0           0             0              0     6,739,816             0
 2012              0           0           0           0             0              0     6,739,816             0
 2013              0           0           0           0             0              0     6,739,816             0
 2014              0           0           0           0             0              0     6,739,816             0
 2015              0           0           0           0             0              0     6,739,816             0

 SUBTOT       64,896           0      20,000           0        84,896      6,739,816                   5,124,797
 REMAIN            0           0           0           0             0              0     6,739,816             0
 TOTAL        64,896           0      20,000           0        84,896      6,739,816                   5,124,797

   LIFE OF EVALUATION IS 9.99 YEARS.
   FINAL PRODUCTION RATE: 3.1 MMCF/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 192
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   6-T1S-R75E                                               PROVED
     LAURA J. LAWSON #2   (TRENTON-MURFREESBORO)                                       BEHIND PIPE

<CAPTION>
                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>     <C>            <C>        <C>
 INITIAL -   1.000000  0.656250            0.656250     24.10                   9.77        5.00% -       814,188
 FINAL   -   1.000000  0.656250            0.656250     24.10                   9.77       10.00% -       457,447
 REMARKS - COMPLETION COST IS SHOWN AS A DEVELOPMENT COST IN 2010.                         15.00% -       259,275
                                                                                           20.00% -       148,167
                                                                                           25.00% -        85,328
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>   <C>   <C>           <C>         <C>          <C>            <C>            <C>           <C>       <C>
 2001                   0           0           0               0           0           0.000       0.00     0.00
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010     1         2,038           0          34           1,338           0          22.294      24.10     9.77
 2011     1         3,292           0          55           2,160           0          36.007      24.10     9.77
 2012     1         2,468           0          41           1,619           0          26.985      24.10     9.77
 2013     1         1,848           0          31           1,214           0          20.223      24.10     9.77
 2014     1         1,386           0          23             909           0          15.156      24.10     9.77
 2015     1         1,039           0          17             681           0          11.358      24.10     9.77

 SUB-TOTAL         12,071           0         201           7,921           0         132.023      24.10     9.77
 REMAINDER            829           0          14             545           0           9.071      24.10     9.77
 TOTAL             12,900           0         215           8,466           0         141.094      24.10     9.77

 CUMULATIVE             0           0           0
 ULTIMATE          12,900           0         215
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>     <C>            <C>         <C>           <C>          <C>           <C>         <C>         <C>
 2001                0           0             0            0             0           0           0             0
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010           32,237           0       217,810            0       250,047         967       6,534       242,546
 2011           52,066           0       351,789            0       403,855       1,562      10,554       391,739
 2012           39,020           0       263,640            0       302,660       1,171       7,909       293,580
 2013           29,242           0       197,579            0       226,821         877       5,928       220,016
 2014           21,915           0       148,072            0       169,987         657       4,442       164,888
 2015           16,424           0       110,968            0       127,392         493       3,329       123,570

 SUB-TOT       190,904           0     1,289,858            0     1,480,762       5,727      38,696     1,436,339
 REMAIN         13,118           0        88,628            0       101,746         394       2,659        98,693
 TOTAL         204,022           0     1,378,486            0     1,582,508       6,121      41,355     1,535,032
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>     <C>            <C>         <C>           <C>          <C>           <C>         <C>         <C>
 2001              0           0           0           0             0              0             0             0
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010          3,600           0      25,000           0        28,600        213,946       213,946        80,890
 2011          7,200           0           0           0         7,200        384,539       598,485       135,533
 2012          7,200           0           0           0         7,200        286,380       884,865        91,371
 2013          7,200           0           0           0         7,200        212,816     1,097,681        61,465
 2014          7,200           0           0           0         7,200        157,688     1,255,369        41,228
 2015          7,200           0           0           0         7,200        116,370     1,371,739        27,542

 SUBTOT       39,600           0      25,000           0        64,600      1,371,739                     438,029
 REMAIN        7,755           0           0           0         7,755         90,938     1,462,677        19,418
 TOTAL        47,355           0      25,000           0        72,355      1,462,677                     457,447

   LIFE OF EVALUATION IS 16.08 YEARS.
   FINAL PRODUCTION RATE: 0.9 MMCF/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 193
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   10-T1S-R74E                                              PROVED
     PAUL REED #1   (KNOX)                                                             SHUT-IN

<CAPTION>
                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>     <C>            <C>        <C>
 INITIAL -   1.000000                      0.750000                             9.77        5.00% -     4,953,523
 FINAL   -   1.000000                      0.750000                             9.77       10.00% -     4,309,009
 REMARKS - CAPITAL INCLUDED TO PERFORATE REMAINDER OF KNOX PAY.                            15.00% -     3,803,637
                                                                                           20.00% -     3,400,177
                                                                                           25.00% -     3,072,493
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>   <C>   <C>           <C>         <C>          <C>            <C>            <C>           <C>       <C>
 2001                   0           0         203               0           0         152.431       0.00     9.77
 2002                   0           0         156               0           0         116.551       0.00     9.77
 2003                   0           0         106               0           0          79.940       0.00     9.77
 2004                   0           0          77               0           0          57.271       0.00     9.77
 2005                   0           0          56               0           0          42.470       0.00     9.77
 2006                   0           0          56               0           0          41.554       0.00     9.77
 2007                   0           0          50               0           0          37.742       0.00     9.77
 2008                   0           0          45               0           0          33.962       0.00     9.77
 2009                   0           0          41               0           0          30.731       0.00     9.77
 2010                   0           0          28               0           0          20.502       0.00     9.77
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0         818               0           0         613.154       0.00     9.77
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0         818               0           0         613.154       0.00     9.77

 CUMULATIVE             0           0          48
 ULTIMATE               0           0         866
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>     <C>            <C>         <C>           <C>          <C>           <C>         <C>         <C>
 2001                0           0     1,489,247            0     1,489,247           0      44,677     1,444,570
 2002                0           0     1,138,699            0     1,138,699           0      34,161     1,104,538
 2003                0           0       781,017            0       781,017           0      23,431       757,586
 2004                0           0       559,535            0       559,535           0      16,786       542,749
 2005                0           0       414,932            0       414,932           0      12,448       402,484
 2006                0           0       405,984            0       405,984           0      12,179       393,805
 2007                0           0       368,741            0       368,741           0      11,063       357,678
 2008                0           0       331,811            0       331,811           0       9,954       321,857
 2009                0           0       300,242            0       300,242           0       9,007       291,235
 2010                0           0       200,300            0       200,300           0       6,009       194,291
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT             0           0     5,990,508            0     5,990,508           0     179,715     5,810,793
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0     5,990,508            0     5,990,508           0     179,715     5,810,793
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>     <C>          <C>         <C>         <C>         <C>           <C>            <C>           <C>
 2001              0           0      20,000           0        20,000      1,424,570     1,424,570     1,350,001
 2002              0           0           0           0             0      1,104,538     2,529,108       954,808
 2003              0           0           0           0             0        757,586     3,286,694       592,577
 2004              0           0           0           0             0        542,749     3,829,443       384,172
 2005              0           0           0           0             0        402,484     4,231,927       257,821
 2006              0           0           0           0             0        393,805     4,625,732       227,872
 2007              0           0           0           0             0        357,678     4,983,410       187,472
 2008              0           0           0           0             0        321,857     5,305,267       152,699
 2009              0           0           0           0             0        291,235     5,596,502       125,069
 2010              0           0           0           0             0        194,291     5,790,793        76,518
 2011              0           0           0           0             0              0     5,790,793             0
 2012              0           0           0           0             0              0     5,790,793             0
 2013              0           0           0           0             0              0     5,790,793             0
 2014              0           0           0           0             0              0     5,790,793             0
 2015              0           0           0           0             0              0     5,790,793             0

 SUBTOT            0           0      20,000           0        20,000      5,790,793                   4,309,009
 REMAIN            0           0           0           0             0              0     5,790,793             0
 TOTAL             0           0      20,000           0        20,000      5,790,793                   4,309,009

   LIFE OF EVALUATION IS 9.72 YEARS.
   FINAL PRODUCTION RATE: 3.0 MMCF/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 194
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           OIL LEASE
   TENGASCO INC. - OPERATOR   10-T1S-R74E                                              PROVED
     PAUL REED #2   (STONES RIVER)                                                     PRODUCING

<CAPTION>
                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>     <C>            <C>        <C>
 INITIAL -   1.000000  0.750000                         24.10                               5.00% -       594,643
 FINAL   -   1.000000  0.750000                         24.10                              10.00% -       525,380
 REMARKS -                                                                                 15.00% -       469,593
                                                                                           20.00% -       423,959
                                                                                           25.00% -       386,098
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>   <C>   <C>           <C>         <C>          <C>            <C>            <C>           <C>       <C>
 2001     1        10,708           0           0           8,031           0           0.000      24.10     0.00
 2002     1         8,305           0           0           6,229           0           0.000      24.10     0.00
 2003     1         6,443           0           0           4,832           0           0.000      24.10     0.00
 2004     1         4,998           0           0           3,748           0           0.000      24.10     0.00
 2005     1         3,877           0           0           2,908           0           0.000      24.10     0.00
 2006     1         3,007           0           0           2,255           0           0.000      24.10     0.00
 2007     1         2,332           0           0           1,750           0           0.000      24.10     0.00
 2008     1         1,810           0           0           1,357           0           0.000      24.10     0.00
 2009     1         1,403           0           0           1,053           0           0.000      24.10     0.00
 2010     1         1,089           0           0             816           0           0.000      24.10     0.00
 2011     1           845           0           0             634           0           0.000      24.10     0.00
 2012     1           655           0           0             491           0           0.000      24.10     0.00
 2013     1            94           0           0              70           0           0.000      24.10     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL         45,566           0           0          34,174           0           0.000      24.10     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL             45,566           0           0          34,174           0           0.000      24.10     0.00

 CUMULATIVE        38,079           0           0
 ULTIMATE          83,645           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>     <C>            <C>         <C>           <C>          <C>           <C>         <C>         <C>
 2001          193,538           0             0            0       193,538       5,806           0       187,732
 2002          150,128           0             0            0       150,128       4,504           0       145,624
 2003          116,454           0             0            0       116,454       3,494           0       112,960
 2004           90,333           0             0            0        90,333       2,710           0        87,623
 2005           70,071           0             0            0        70,071       2,102           0        67,969
 2006           54,355           0             0            0        54,355       1,630           0        52,725
 2007           42,163           0             0            0        42,163       1,265           0        40,898
 2008           32,705           0             0            0        32,705         981           0        31,724
 2009           25,370           0             0            0        25,370         762           0        24,608
 2010           19,679           0             0            0        19,679         590           0        19,089
 2011           15,266           0             0            0        15,266         458           0        14,808
 2012           11,841           0             0            0        11,841         355           0        11,486
 2013            1,697           0             0            0         1,697          51           0         1,646
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT       823,600           0             0            0       823,600      24,708           0       798,892
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL         823,600           0             0            0       823,600      24,708           0       798,892
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>     <C>          <C>         <C>         <C>         <C>           <C>            <C>           <C>
 2001          9,600           0           0           0         9,600        178,132       178,132       169,923
 2002          9,600           0           0           0         9,600        136,024       314,156       117,460
 2003          9,600           0           0           0         9,600        103,360       417,516        80,798
 2004          9,600           0           0           0         9,600         78,023       495,539        55,213
 2005          9,600           0           0           0         9,600         58,369       553,908        37,394
 2006          9,600           0           0           0         9,600         43,125       597,033        25,011
 2007          9,600           0           0           0         9,600         31,298       628,331        16,435
 2008          9,600           0           0           0         9,600         22,124       650,455        10,519
 2009          9,600           0           0           0         9,600         15,008       665,463         6,462
 2010          9,600           0           0           0         9,600          9,489       674,952         3,701
 2011          9,600           0           0           0         9,600          5,208       680,160         1,842
 2012          9,600           0           0           0         9,600          1,886       682,046           608
 2013          1,600           0           0           0         1,600             46       682,092            14
 2014              0           0           0           0             0              0       682,092             0
 2015              0           0           0           0             0              0       682,092             0

 SUBTOT      116,800           0           0           0       116,800        682,092                     525,380
 REMAIN            0           0           0           0             0              0       682,092             0
 TOTAL       116,800           0           0           0       116,800        682,092                     525,380

   LIFE OF EVALUATION IS 12.17 YEARS.
   FINAL PRODUCTION RATE: 46 BBLS/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 195
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   10-T1S-R74E                                              PROVED
     PAUL REED #2   (TRTN-SR)                                                          BEHIND PIPE

<CAPTION>
                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>     <C>            <C>        <C>
 INITIAL -   1.000000                      0.750000                             9.77        5.00% -       474,619
 FINAL   -   1.000000                      0.750000                             9.77       10.00% -       335,918
 REMARKS - COMPLETION COST IS SHOWN AS A DEVELOPMENT COST IN 2006.                         15.00% -       239,202
                                                                                           20.00% -       171,327
                                                                                           25.00% -       123,394
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>   <C>   <C>           <C>         <C>          <C>            <C>            <C>           <C>       <C>
 2001                   0           0           0               0           0           0.000       0.00     0.00
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006     1             0           0          31               0           0          23.545       0.00     9.77
 2007     1             0           0          24               0           0          17.805       0.00     9.77
 2008     1             0           0          19               0           0          13.957       0.00     9.77
 2009     1             0           0          15               0           0          11.249       0.00     9.77
 2010     1             0           0          12               0           0           9.269       0.00     9.77
 2011     1             0           0           2               0           0           1.425       0.00     9.77
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0         103               0           0          77.250       0.00     9.77
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0         103               0           0          77.250       0.00     9.77

 CUMULATIVE             0           0           0
 ULTIMATE               0           0         103
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>     <C>            <C>         <C>           <C>          <C>           <C>         <C>         <C>
 2001                0           0             0            0             0           0           0             0
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0       230,032            0       230,032           0       6,901       223,131
 2007                0           0       173,951            0       173,951           0       5,218       168,733
 2008                0           0       136,364            0       136,364           0       4,091       132,273
 2009                0           0       109,906            0       109,906           0       3,298       106,608
 2010                0           0        90,558            0        90,558           0       2,716        87,842
 2011                0           0        13,922            0        13,922           0         418        13,504
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT             0           0       754,733            0       754,733           0      22,642       732,091
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0       754,733            0       754,733           0      22,642       732,091
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>     <C>          <C>         <C>         <C>         <C>           <C>            <C>           <C>
 2001              0           0           0           0             0              0             0             0
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006          7,200           0      20,000           0        27,200        195,931       195,931       113,130
 2007          7,200           0           0           0         7,200        161,533       357,464        84,779
 2008          7,200           0           0           0         7,200        125,073       482,537        59,406
 2009          7,200           0           0           0         7,200         99,408       581,945        42,733
 2010          7,200           0           0           0         7,200         80,642       662,587        31,375
 2011          1,231           0           0           0         1,231         12,273       674,860         4,495
 2012              0           0           0           0             0              0       674,860             0
 2013              0           0           0           0             0              0       674,860             0
 2014              0           0           0           0             0              0       674,860             0
 2015              0           0           0           0             0              0       674,860             0

 SUBTOT       37,231           0      20,000           0        57,231        674,860                     335,918
 REMAIN            0           0           0           0             0              0       674,860             0
 TOTAL        37,231           0      20,000           0        57,231        674,860                     335,918

   LIFE OF EVALUATION IS 10.17 YEARS.
   FINAL PRODUCTION RATE: 0.9 MMCF/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 196
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   10-T1S-R74E                                              PROVED
     PAUL REED #3   (KNOX)                                                             SHUT-IN

<CAPTION>
                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>     <C>            <C>        <C>
 INITIAL -   1.000000                      0.656250                             9.77        5.00% -     3,549,296
 FINAL   -   1.000000                      0.656250                             9.77       10.00% -     3,171,220
 REMARKS - CAPITAL INCLUDED TO PERFORATE REMAINDER OF KNOX PAY.                            15.00% -     2,860,224
                                                                                           20.00% -     2,601,432
                                                                                           25.00% -     2,383,670
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>   <C>   <C>           <C>         <C>          <C>            <C>            <C>           <C>       <C>
 2001     1             0           0         198               0           0         130.187       0.00     9.77
 2002     1             0           0         137               0           0          89.540       0.00     9.77
 2003     1             0           0          93               0           0          61.440       0.00     9.77
 2004     1             0           0          68               0           0          44.032       0.00     9.77
 2005     1             0           0          49               0           0          32.661       0.00     9.77
 2006     1             0           0          42               0           0          27.449       0.00     9.77
 2007     1             0           0          41               0           0          26.874       0.00     9.77
 2008     1             0           0          29               0           0          18.678       0.00     9.77
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0         657               0           0         430.861       0.00     9.77
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0         657               0           0         430.861       0.00     9.77

 CUMULATIVE             0           0           0
 ULTIMATE               0           0         657
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>     <C>            <C>         <C>           <C>          <C>           <C>         <C>         <C>
 2001                0           0     1,271,929            0     1,271,929           0      38,158     1,233,771
 2002                0           0       874,807            0       874,807           0      26,244       848,563
 2003                0           0       600,274            0       600,274           0      18,008       582,266
 2004                0           0       430,190            0       430,190           0      12,906       417,284
 2005                0           0       319,100            0       319,100           0       9,573       309,527
 2006                0           0       268,177            0       268,177           0       8,045       260,132
 2007                0           0       262,559            0       262,559           0       7,877       254,682
 2008                0           0       182,489            0       182,489           0       5,475       177,014
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT             0           0     4,209,525            0     4,209,525           0     126,286     4,083,239
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0     4,209,525            0     4,209,525           0     126,286     4,083,239
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>     <C>          <C>         <C>         <C>         <C>           <C>            <C>           <C>
 2001          5,000           0      20,000           0        25,000      1,208,771     1,208,771     1,148,247
 2002          6,000           0           0           0         6,000        842,563     2,051,334       728,360
 2003          6,000           0           0           0         6,000        576,266     2,627,600       450,762
 2004          6,000           0           0           0         6,000        411,284     3,038,884       291,128
 2005          6,000           0           0           0         6,000        303,527     3,342,411       194,440
 2006          7,200           0           0           0         7,200        252,932     3,595,343       146,222
 2007          7,200           0           0           0         7,200        247,482     3,842,825       129,703
 2008          5,429           0           0           0         5,429        171,585     4,014,410        82,358
 2009              0           0           0           0             0              0     4,014,410             0
 2010              0           0           0           0             0              0     4,014,410             0
 2011              0           0           0           0             0              0     4,014,410             0
 2012              0           0           0           0             0              0     4,014,410             0
 2013              0           0           0           0             0              0     4,014,410             0
 2014              0           0           0           0             0              0     4,014,410             0
 2015              0           0           0           0             0              0     4,014,410             0

 SUBTOT       48,829           0      20,000           0        68,829      4,014,410                   3,171,220
 REMAIN            0           0           0           0             0              0     4,014,410             0
 TOTAL        48,829           0      20,000           0        68,829      4,014,410                   3,171,220

   LIFE OF EVALUATION IS 7.75 YEARS.
   FINAL PRODUCTION RATE: 3.0 MMCF/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 197
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   10-T1S-R74E                                              PROVED
     PAUL REED #3   (TRENTON)                                                          BEHIND PIPE

<CAPTION>
                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>     <C>            <C>        <C>
 INITIAL -   1.000000                      0.656250                             9.77        5.00% -        78,948
 FINAL   -   1.000000                      0.656250                             9.77       10.00% -        59,112
 REMARKS - COMPLETION COST IS SHOWN AS A DEVELOPMENT COST IN 2006.                         15.00% -        44,328
                                                                                           20.00% -        33,291
                                                                                           25.00% -        25,039
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>   <C>   <C>           <C>         <C>          <C>            <C>            <C>           <C>       <C>
 2001                   0           0           0               0           0           0.000       0.00     0.00
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006     1             0           0          15               0           0          10.080       0.00     9.77
 2007     1             0           0           7               0           0           4.358       0.00     9.77
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0          22               0           0          14.438       0.00     9.77
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0          22               0           0          14.438       0.00     9.77

 CUMULATIVE             0           0           0
 ULTIMATE               0           0          22
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>     <C>            <C>         <C>           <C>          <C>           <C>         <C>         <C>
 2001                0           0             0            0             0           0           0             0
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0        98,480            0        98,480           0       2,954        95,526
 2007                0           0        42,574            0        42,574           0       1,278        41,296
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT             0           0       141,054            0       141,054           0       4,232       136,822
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0       141,054            0       141,054           0       4,232       136,822
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>     <C>          <C>         <C>         <C>         <C>           <C>            <C>           <C>
 2001              0           0           0           0             0              0             0             0
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006          7,200           0      20,000           0        27,200         68,326        68,326        39,148
 2007          4,018           0           0           0         4,018         37,278       105,604        19,964
 2008              0           0           0           0             0              0       105,604             0
 2009              0           0           0           0             0              0       105,604             0
 2010              0           0           0           0             0              0       105,604             0
 2011              0           0           0           0             0              0       105,604             0
 2012              0           0           0           0             0              0       105,604             0
 2013              0           0           0           0             0              0       105,604             0
 2014              0           0           0           0             0              0       105,604             0
 2015              0           0           0           0             0              0       105,604             0

 SUBTOT       11,218           0      20,000           0        31,218        105,604                      59,112
 REMAIN            0           0           0           0             0              0       105,604             0
 TOTAL        11,218           0      20,000           0        31,218        105,604                      59,112

   LIFE OF EVALUATION IS 6.56 YEARS.
   FINAL PRODUCTION RATE: 0.9 MMCF/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 198
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   6-T1S-R75E                                               PROVED
     PAUL REED #4   (KNOX)                                                             SHUT-IN

<CAPTION>
                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>     <C>            <C>        <C>
 INITIAL -   1.000000                      0.875000                             9.77        5.00% -    15,833,298
 FINAL   -   1.000000                      0.875000                             9.77       10.00% -    12,939,684
 REMARKS - CAPITAL INCLUDED TO PERFORATE REMAINDER OF KNOX PAY.                            15.00% -    10,948,917
                                                                                           20.00% -     9,506,928
                                                                                           25.00% -     8,415,999
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>   <C>   <C>           <C>         <C>          <C>            <C>            <C>           <C>       <C>
 2001     1             0           0         422               0           0         369.019       0.00     9.77
 2002     1             0           0         355               0           0         310.421       0.00     9.77
 2003     1             0           0         264               0           0         231.158       0.00     9.77
 2004     1             0           0         202               0           0         176.891       0.00     9.77
 2005     1             0           0         158               0           0         138.463       0.00     9.77
 2006     1             0           0         147               0           0         128.357       0.00     9.77
 2007     1             0           0         133               0           0         116.737       0.00     9.77
 2008     1             0           0         115               0           0         100.828       0.00     9.77
 2009     1             0           0         101               0           0          88.007       0.00     9.77
 2010     1             0           0          89               0           0          77.518       0.00     9.77
 2011     1             0           0          78               0           0          68.824       0.00     9.77
 2012     1             0           0          71               0           0          61.535       0.00     9.77
 2013     1             0           0          63               0           0          55.362       0.00     9.77
 2014     1             0           0          57               0           0          50.087       0.00     9.77
 2015     1             0           0          52               0           0          45.543       0.00     9.77

 SUB-TOTAL              0           0       2,307               0           0       2,018.750       0.00     9.77
 REMAINDER              0           0         158               0           0         138.099       0.00     9.77
 TOTAL                  0           0       2,465               0           0       2,156.849       0.00     9.77

 CUMULATIVE             0           0           0
 ULTIMATE               0           0       2,465
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>     <C>            <C>         <C>           <C>          <C>           <C>         <C>         <C>
 2001                0           0     3,605,312            0     3,605,312           0     108,159     3,497,153
 2002                0           0     3,032,810            0     3,032,810           0      90,985     2,941,825
 2003                0           0     2,258,409            0     2,258,409           0      67,752     2,190,657
 2004                0           0     1,728,226            0     1,728,226           0      51,847     1,676,379
 2005                0           0     1,352,786            0     1,352,786           0      40,583     1,312,203
 2006                0           0     1,254,048            0     1,254,048           0      37,622     1,216,426
 2007                0           0     1,140,516            0     1,140,516           0      34,215     1,106,301
 2008                0           0       985,090            0       985,090           0      29,553       955,537
 2009                0           0       859,826            0       859,826           0      25,795       834,031
 2010                0           0       757,348            0       757,348           0      22,720       734,628
 2011                0           0       672,410            0       672,410           0      20,172       652,238
 2012                0           0       601,200            0       601,200           0      18,036       583,164
 2013                0           0       540,892            0       540,892           0      16,227       524,665
 2014                0           0       489,353            0       489,353           0      14,681       474,672
 2015                0           0       444,951            0       444,951           0      13,348       431,603

 SUB-TOT             0           0    19,723,177            0    19,723,177           0     591,695    19,131,482
 REMAIN              0           0     1,349,231            0     1,349,231           0      40,477     1,308,754
 TOTAL               0           0    21,072,408            0    21,072,408           0     632,172    20,440,236
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>     <C>          <C>         <C>         <C>         <C>           <C>            <C>           <C>
 2001          5,000           0      20,000           0        25,000      3,472,153     3,472,153     3,289,341
 2002          6,000           0           0           0         6,000      2,935,825     6,407,978     2,535,959
 2003          6,000           0           0           0         6,000      2,184,657     8,592,635     1,707,812
 2004          6,000           0           0           0         6,000      1,670,379    10,263,014     1,181,776
 2005          6,000           0           0           0         6,000      1,306,203    11,569,217       836,389
 2006          7,200           0           0           0         7,200      1,209,226    12,778,443       699,007
 2007          7,200           0           0           0         7,200      1,099,101    13,877,544       576,291
 2008          7,200           0           0           0         7,200        948,337    14,825,881       450,067
 2009          7,200           0           0           0         7,200        826,831    15,652,712       355,179
 2010          7,200           0           0           0         7,200        727,428    16,380,140       282,841
 2011          7,200           0           0           0         7,200        645,038    17,025,178       227,018
 2012          7,200           0           0           0         7,200        575,964    17,601,142       183,484
 2013          7,200           0           0           0         7,200        517,465    18,118,607       149,215
 2014          7,200           0           0           0         7,200        467,472    18,586,079       122,017
 2015          7,200           0           0           0         7,200        424,403    19,010,482       100,271

 SUBTOT      101,000           0      20,000           0       121,000     19,010,482                  12,696,667
 REMAIN       26,696           0           0           0        26,696      1,282,058    20,292,540       243,017
 TOTAL       127,696           0      20,000           0       147,696     20,292,540                  12,939,684

   LIFE OF EVALUATION IS 18.71 YEARS.
   FINAL PRODUCTION RATE: 3.0 MMCF/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 199
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   6-T1S-R75E                                               PROVED
     PAUL REED #4   (TRENTON)                                                          BEHIND PIPE

<CAPTION>
                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>     <C>            <C>        <C>
 INITIAL -   1.000000                      0.875000                             9.77        5.00% -        84,771
 FINAL   -   1.000000                      0.875000                             9.77       10.00% -        64,078
 REMARKS - COMPLETION COST IS SHOWN AS A DEVELOPMENT COST IN 2006.                         15.00% -        48,502
                                                                                           20.00% -        36,763
                                                                                           25.00% -        27,902
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>   <C>   <C>           <C>         <C>          <C>            <C>            <C>           <C>       <C>
 2001                   0           0           0               0           0           0.000       0.00     0.00
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006     1             0           0          15               0           0          12.845       0.00     9.77
 2007     1             0           0           2               0           0           2.030       0.00     9.77
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0          17               0           0          14.875       0.00     9.77
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0          17               0           0          14.875       0.00     9.77

 CUMULATIVE             0           0           0
 ULTIMATE               0           0          17
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>     <C>            <C>         <C>           <C>          <C>           <C>         <C>         <C>
 2001                0           0             0            0             0           0           0             0
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0       125,499            0       125,499           0       3,765       121,734
 2007                0           0        19,830            0        19,830           0         595        19,235
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT             0           0       145,329            0       145,329           0       4,360       140,969
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0       145,329            0       145,329           0       4,360       140,969
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>     <C>          <C>         <C>         <C>         <C>           <C>            <C>           <C>
 2001              0           0           0           0             0              0             0             0
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006          7,200           0      20,000           0        27,200         94,534        94,534        54,404
 2007          1,468           0           0           0         1,468         17,767       112,301         9,674
 2008              0           0           0           0             0              0       112,301             0
 2009              0           0           0           0             0              0       112,301             0
 2010              0           0           0           0             0              0       112,301             0
 2011              0           0           0           0             0              0       112,301             0
 2012              0           0           0           0             0              0       112,301             0
 2013              0           0           0           0             0              0       112,301             0
 2014              0           0           0           0             0              0       112,301             0
 2015              0           0           0           0             0              0       112,301             0

 SUBTOT        8,668           0      20,000           0        28,668        112,301                      64,078
 REMAIN            0           0           0           0             0              0       112,301             0
 TOTAL         8,668           0      20,000           0        28,668        112,301                      64,078

   LIFE OF EVALUATION IS 6.20 YEARS.
   FINAL PRODUCTION RATE: 0.9 MMCF/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 200
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           OIL LEASE
   TENGASCO INC. - OPERATOR   10-T1S-R74E                                              PROVED
     PAUL REED #5   (STONES RIVER)                                                     PRODUCING

<CAPTION>
                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>     <C>            <C>        <C>
 INITIAL -   1.000000  0.875000                         24.10                               5.00% -     2,257,954
 FINAL   -   1.000000  0.875000                         24.10                              10.00% -     1,918,675
 REMARKS -                                                                                 15.00% -     1,665,401
                                                                                           20.00% -     1,470,230
                                                                                           25.00% -     1,315,747
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>   <C>   <C>           <C>         <C>          <C>            <C>            <C>           <C>       <C>
 2001     1        27,212           0           0          23,811           0           0.000      24.10     0.00
 2002     1        22,110           0           0          19,346           0           0.000      24.10     0.00
 2003     1        17,963           0           0          15,718           0           0.000      24.10     0.00
 2004     1        14,595           0           0          12,770           0           0.000      24.10     0.00
 2005     1        11,859           0           0          10,376           0           0.000      24.10     0.00
 2006     1         9,634           0           0           8,430           0           0.000      24.10     0.00
 2007     1         7,828           0           0           6,850           0           0.000      24.10     0.00
 2008     1         6,360           0           0           5,565           0           0.000      24.10     0.00
 2009     1         5,167           0           0           4,521           0           0.000      24.10     0.00
 2010     1         4,199           0           0           3,674           0           0.000      24.10     0.00
 2011     1         3,411           0           0           2,984           0           0.000      24.10     0.00
 2012     1         2,771           0           0           2,425           0           0.000      24.10     0.00
 2013     1         2,252           0           0           1,971           0           0.000      24.10     0.00
 2014     1         1,829           0           0           1,601           0           0.000      24.10     0.00
 2015     1         1,487           0           0           1,300           0           0.000      24.10     0.00

 SUB-TOTAL        138,677           0           0         121,342           0           0.000      24.10     0.00
 REMAINDER          4,199           0           0           3,675           0           0.000      24.10     0.00
 TOTAL            142,876           0           0         125,017           0           0.000      24.10     0.00

 CUMULATIVE        37,865           0           0
 ULTIMATE         180,741           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>     <C>            <C>         <C>           <C>          <C>           <C>         <C>         <C>
 2001          573,841           0             0            0       573,841      17,215           0       556,626
 2002          466,234           0             0            0       466,234      13,987           0       452,247
 2003          378,806           0             0            0       378,806      11,364           0       367,442
 2004          307,772           0             0            0       307,772       9,234           0       298,538
 2005          250,059           0             0            0       250,059       7,501           0       242,558
 2006          203,167           0             0            0       203,167       6,095           0       197,072
 2007          165,070           0             0            0       165,070       4,952           0       160,118
 2008          134,116           0             0            0       134,116       4,024           0       130,092
 2009          108,966           0             0            0       108,966       3,269           0       105,697
 2010           88,533           0             0            0        88,533       2,656           0        85,877
 2011           71,932           0             0            0        71,932       2,158           0        69,774
 2012           58,443           0             0            0        58,443       1,753           0        56,690
 2013           47,483           0             0            0        47,483       1,425           0        46,058
 2014           38,580           0             0            0        38,580       1,157           0        37,423
 2015           31,345           0             0            0        31,345         940           0        30,405

 SUB-TOT     2,924,347           0             0            0     2,924,347      87,730           0     2,836,617
 REMAIN         88,552           0             0            0        88,552       2,657           0        85,895
 TOTAL       3,012,899           0             0            0     3,012,899      90,387           0     2,922,512
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>     <C>          <C>         <C>         <C>         <C>           <C>            <C>           <C>
 2001          9,600           0           0           0         9,600        547,026       547,026       521,575
 2002          9,600           0           0           0         9,600        442,647       989,673       382,049
 2003          9,600           0           0           0         9,600        357,842     1,347,515       279,582
 2004          9,600           0           0           0         9,600        288,938     1,636,453       204,350
 2005          9,600           0           0           0         9,600        232,958     1,869,411       149,144
 2006          9,600           0           0           0         9,600        187,472     2,056,883       108,649
 2007          9,600           0           0           0         9,600        150,518     2,207,401        78,965
 2008          9,600           0           0           0         9,600        120,492     2,327,893        57,222
 2009          9,600           0           0           0         9,600         96,097     2,423,990        41,313
 2010          9,600           0           0           0         9,600         76,277     2,500,267        29,685
 2011          9,600           0           0           0         9,600         60,174     2,560,441        21,199
 2012          9,600           0           0           0         9,600         47,090     2,607,531        15,019
 2013          9,600           0           0           0         9,600         36,458     2,643,989        10,527
 2014          9,600           0           0           0         9,600         27,823     2,671,812         7,273
 2015          9,600           0           0           0         9,600         20,805     2,692,617         4,924

 SUBTOT      144,000           0           0           0       144,000      2,692,617                   1,911,476
 REMAIN       48,800           0           0           0        48,800         37,095     2,729,712         7,199
 TOTAL       192,800           0           0           0       192,800      2,729,712                   1,918,675

   LIFE OF EVALUATION IS 20.08 YEARS.
   FINAL PRODUCTION RATE: 39 BBLS/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 201
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           OIL LEASE
   TENGASCO INC. - OPERATOR   6-T1S-R75E                                               PROVED
     PAUL REED/HELTON UNIT #6   (STONES RIVER)                                         PRODUCING

<CAPTION>
                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>     <C>            <C>        <C>
 INITIAL -   1.000000  0.656250                         24.10                               5.00% -     1,014,958
 FINAL   -   1.000000  0.656250                         24.10                              10.00% -       889,847
 REMARKS -                                                                                 15.00% -       790,779
                                                                                           20.00% -       710,831
                                                                                           25.00% -       645,208
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>   <C>   <C>           <C>         <C>          <C>            <C>            <C>           <C>       <C>
 2001     1        19,727           0           0          12,946           0           0.000      24.10     0.00
 2002     1        15,302           0           0          10,042           0           0.000      24.10     0.00
 2003     1        11,870           0           0           7,789           0           0.000      24.10     0.00
 2004     1         9,207           0           0           6,043           0           0.000      24.10     0.00
 2005     1         7,143           0           0           4,687           0           0.000      24.10     0.00
 2006     1         5,540           0           0           3,636           0           0.000      24.10     0.00
 2007     1         4,297           0           0           2,820           0           0.000      24.10     0.00
 2008     1         3,334           0           0           2,188           0           0.000      24.10     0.00
 2009     1         2,586           0           0           1,697           0           0.000      24.10     0.00
 2010     1         2,006           0           0           1,316           0           0.000      24.10     0.00
 2011     1         1,556           0           0           1,021           0           0.000      24.10     0.00
 2012     1         1,207           0           0             792           0           0.000      24.10     0.00
 2013     1           936           0           0             614           0           0.000      24.10     0.00
 2014     1           726           0           0             477           0           0.000      24.10     0.00
 2015     1            53           0           0              35           0           0.000      24.10     0.00

 SUB-TOTAL         85,490           0           0          56,103           0           0.000      24.10     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL             85,490           0           0          56,103           0           0.000      24.10     0.00

 CUMULATIVE         8,416           0           0
 ULTIMATE          93,906           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>     <C>            <C>         <C>           <C>          <C>           <C>         <C>         <C>
 2001          311,993           0             0            0       311,993       9,360           0       302,633
 2002          242,012           0             0            0       242,012       7,260           0       234,752
 2003          187,729           0             0            0       187,729       5,632           0       182,097
 2004          145,622           0             0            0       145,622       4,369           0       141,253
 2005          112,959           0             0            0       112,959       3,388           0       109,571
 2006           87,622           0             0            0        87,622       2,629           0        84,993
 2007           67,968           0             0            0        67,968       2,039           0        65,929
 2008           52,723           0             0            0        52,723       1,582           0        51,141
 2009           40,897           0             0            0        40,897       1,227           0        39,670
 2010           31,724           0             0            0        31,724         951           0        30,773
 2011           24,609           0             0            0        24,609         739           0        23,870
 2012           19,088           0             0            0        19,088         572           0        18,516
 2013           14,808           0             0            0        14,808         445           0        14,363
 2014           11,485           0             0            0        11,485         344           0        11,141
 2015              832           0             0            0           832          25           0           807

 SUB-TOT     1,352,071           0             0            0     1,352,071      40,562           0     1,311,509
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL       1,352,071           0             0            0     1,352,071      40,562           0     1,311,509
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>     <C>          <C>         <C>         <C>         <C>           <C>            <C>           <C>
 2001          9,600           0           0           0         9,600        293,033       293,033       279,516
 2002          9,600           0           0           0         9,600        225,152       518,185       194,413
 2003          9,600           0           0           0         9,600        172,497       690,682       134,833
 2004          9,600           0           0           0         9,600        131,653       822,335        93,155
 2005          9,600           0           0           0         9,600         99,971       922,306        64,036
 2006          9,600           0           0           0         9,600         75,393       997,699        43,718
 2007          9,600           0           0           0         9,600         56,329     1,054,028        29,570
 2008          9,600           0           0           0         9,600         41,541     1,095,569        19,743
 2009          9,600           0           0           0         9,600         30,070     1,125,639        12,938
 2010          9,600           0           0           0         9,600         21,173     1,146,812         8,249
 2011          9,600           0           0           0         9,600         14,270     1,161,082         5,035
 2012          9,600           0           0           0         9,600          8,916     1,169,998         2,850
 2013          9,600           0           0           0         9,600          4,763     1,174,761         1,381
 2014          9,600           0           0           0         9,600          1,541     1,176,302           408
 2015            800           0           0           0           800              7     1,176,309             2

 SUBTOT      135,200           0           0           0       135,200      1,176,309                     889,847
 REMAIN            0           0           0           0             0              0     1,176,309             0
 TOTAL       135,200           0           0           0       135,200      1,176,309                     889,847

   LIFE OF EVALUATION IS 14.08 YEARS.
   FINAL PRODUCTION RATE: 53 BBLS/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 202
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   11-T1S-R74E                                              PROVED
     PURKEY #1   (KNOX)                                                                SHUT-IN

<CAPTION>
                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>     <C>            <C>        <C>
 INITIAL -   0.500000                      0.437500                             9.77        5.00% -     8,561,338
 FINAL   -   0.500000                      0.437500                             9.77       10.00% -     7,194,694
 REMARKS - CAPITAL INCLUDED TO PERFORATE REMAINDER OF KNOX PAY.                            15.00% -     6,232,751
           WELL REPLACES LOCATION #3.  RESERVES REDUCED DUE TO LESS PAY THAN ANTICIPATED.  20.00% -     5,520,544
                                                                                           25.00% -     4,970,347
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>   <C>   <C>           <C>         <C>          <C>            <C>            <C>           <C>       <C>
 2001     1             0           0         579               0           0         253.174       0.00     9.77
 2002     1             0           0         430               0           0         188.141       0.00     9.77
 2003     1             0           0         285               0           0         124.826       0.00     9.77
 2004     1             0           0         199               0           0          87.160       0.00     9.77
 2005     1             0           0         145               0           0          63.326       0.00     9.77
 2006     1             0           0         128               0           0          55.988       0.00     9.77
 2007     1             0           0         117               0           0          51.377       0.00     9.77
 2008     1             0           0         103               0           0          44.878       0.00     9.77
 2009     1             0           0          90               0           0          39.555       0.00     9.77
 2010     1             0           0          81               0           0          35.139       0.00     9.77
 2011     1             0           0          72               0           0          31.434       0.00     9.77
 2012     1             0           0          64               0           0          28.294       0.00     9.77
 2013     1             0           0          59               0           0          25.608       0.00     9.77
 2014     1             0           0          53               0           0          23.293       0.00     9.77
 2015     1             0           0          49               0           0          21.283       0.00     9.77

 SUB-TOTAL              0           0       2,454               0           0       1,073.476       0.00     9.77
 REMAINDER              0           0         124               0           0          54.467       0.00     9.77
 TOTAL                  0           0       2,578               0           0       1,127.943       0.00     9.77

 CUMULATIVE             0           0           0
 ULTIMATE               0           0       2,578
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>     <C>            <C>         <C>           <C>          <C>           <C>         <C>         <C>
 2001                0           0     2,473,506            0     2,473,506           0      74,205     2,399,301
 2002                0           0     1,838,136            0     1,838,136           0      55,144     1,782,992
 2003                0           0     1,219,549            0     1,219,549           0      36,587     1,182,962
 2004                0           0       851,552            0       851,552           0      25,546       826,006
 2005                0           0       618,695            0       618,695           0      18,561       600,134
 2006                0           0       547,003            0       547,003           0      16,410       530,593
 2007                0           0       501,950            0       501,950           0      15,059       486,891
 2008                0           0       438,455            0       438,455           0      13,153       425,302
 2009                0           0       386,453            0       386,453           0      11,594       374,859
 2010                0           0       343,310            0       343,310           0      10,299       333,011
 2011                0           0       307,112            0       307,112           0       9,214       297,898
 2012                0           0       276,430            0       276,430           0       8,293       268,137
 2013                0           0       250,194            0       250,194           0       7,505       242,689
 2014                0           0       227,578            0       227,578           0       6,828       220,750
 2015                0           0       207,938            0       207,938           0       6,238       201,700

 SUB-TOT             0           0    10,487,861            0    10,487,861           0     314,636    10,173,225
 REMAIN              0           0       532,143            0       532,143           0      15,964       516,179
 TOTAL               0           0    11,020,004            0    11,020,004           0     330,600    10,689,404
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>     <C>          <C>         <C>         <C>         <C>           <C>            <C>           <C>
 2001          2,500           0      10,000           0        12,500      2,386,801     2,386,801     2,262,580
 2002          3,000           0           0           0         3,000      1,779,992     4,166,793     1,539,180
 2003          3,000           0           0           0         3,000      1,179,962     5,346,755       923,179
 2004          3,000           0           0           0         3,000        823,006     6,169,761       582,660
 2005          3,000           0           0           0         3,000        597,134     6,766,895       382,570
 2006          3,600           0           0           0         3,600        526,993     7,293,888       304,646
 2007          3,600           0           0           0         3,600        483,291     7,777,179       253,378
 2008          3,600           0           0           0         3,600        421,702     8,198,881       200,117
 2009          3,600           0           0           0         3,600        371,259     8,570,140       159,469
 2010          3,600           0           0           0         3,600        329,411     8,899,551       128,074
 2011          3,600           0           0           0         3,600        294,298     9,193,849       103,570
 2012          3,600           0           0           0         3,600        264,537     9,458,386        84,269
 2013          3,600           0           0           0         3,600        239,089     9,697,475        68,940
 2014          3,600           0           0           0         3,600        217,150     9,914,625        56,677
 2015          3,600           0           0           0         3,600        198,100    10,112,725        46,802

 SUBTOT       50,500           0      10,000           0        60,500     10,112,725                   7,096,111
 REMAIN       10,877           0           0           0        10,877        505,302    10,618,027        98,583
 TOTAL        61,377           0      10,000           0        71,377     10,618,027                   7,194,694

   LIFE OF EVALUATION IS 18.02 YEARS.
   FINAL PRODUCTION RATE: 3.0 MMCF/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 203
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   10-T1S-R74E                                              PROVED
     RAY DEAN HELTON #1   (KNOX)                                                       SHUT-IN

<CAPTION>
                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>     <C>            <C>        <C>
 INITIAL -   1.000000                      0.875000                             9.77        5.00% -     3,666,096
 FINAL   -   1.000000                      0.875000                             9.77       10.00% -     3,560,528
 REMARKS - CAPITAL INCLUDED TO PERFORATE REMAINDER OF KNOX PAY.                            15.00% -     3,459,513
                                                                                           20.00% -     3,362,798
                                                                                           25.00% -     3,270,145
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>   <C>   <C>           <C>         <C>          <C>            <C>            <C>           <C>       <C>
 2001     1             0           0         389               0           0         340.739       0.00     9.77
 2002     1             0           0          70               0           0          60.886       0.00     9.77
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0         459               0           0         401.625       0.00     9.77
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0         459               0           0         401.625       0.00     9.77

 CUMULATIVE             0           0           0
 ULTIMATE               0           0         459
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>     <C>            <C>         <C>           <C>          <C>           <C>         <C>         <C>
 2001                0           0     3,329,025            0     3,329,025           0      99,871     3,229,154
 2002                0           0       594,851            0       594,851           0      17,845       577,006
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT             0           0     3,923,876            0     3,923,876           0     117,716     3,806,160
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0     3,923,876            0     3,923,876           0     117,716     3,806,160
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>     <C>          <C>         <C>         <C>         <C>           <C>            <C>           <C>
 2001          5,000           0      20,000           0        25,000      3,204,154     3,204,154     3,057,148
 2002          4,671           0           0           0         4,671        572,335     3,776,489       503,380
 2003              0           0           0           0             0              0     3,776,489             0
 2004              0           0           0           0             0              0     3,776,489             0
 2005              0           0           0           0             0              0     3,776,489             0
 2006              0           0           0           0             0              0     3,776,489             0
 2007              0           0           0           0             0              0     3,776,489             0
 2008              0           0           0           0             0              0     3,776,489             0
 2009              0           0           0           0             0              0     3,776,489             0
 2010              0           0           0           0             0              0     3,776,489             0
 2011              0           0           0           0             0              0     3,776,489             0
 2012              0           0           0           0             0              0     3,776,489             0
 2013              0           0           0           0             0              0     3,776,489             0
 2014              0           0           0           0             0              0     3,776,489             0
 2015              0           0           0           0             0              0     3,776,489             0

 SUBTOT        9,671           0      20,000           0        29,671      3,776,489                   3,560,528
 REMAIN            0           0           0           0             0              0     3,776,489             0
 TOTAL         9,671           0      20,000           0        29,671      3,776,489                   3,560,528

   LIFE OF EVALUATION IS 1.78 YEARS.
   FINAL PRODUCTION RATE: 3.1 MMCF/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 204
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   10-T1S-R74E                                              PROVED
     RAY DEAN HELTON #1   (TRENTON-STONES RIVER)                                       BEHIND PIPE

<CAPTION>
                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>     <C>            <C>        <C>
 INITIAL -   1.000000                      0.875000                             9.77        5.00% -       850,809
 FINAL   -   1.000000                      0.875000                             9.77       10.00% -       743,944
 REMARKS - COMPLETION COST IS SHOWN AS A DEVELOPMENT COST IN 2001.                         15.00% -       657,391
                                                                                           20.00% -       586,372
                                                                                           25.00% -       527,378
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>   <C>   <C>           <C>         <C>          <C>            <C>            <C>           <C>       <C>
 2001     1             0           0          27               0           0          23.968       0.00     9.77
 2002     1             0           0          26               0           0          22.796       0.00     9.77
 2003     1             0           0          21               0           0          17.674       0.00     9.77
 2004     1             0           0          15               0           0          13.702       0.00     9.77
 2005     1             0           0          12               0           0          10.623       0.00     9.77
 2006     1             0           0          10               0           0           8.236       0.00     9.77
 2007     1             0           0           7               0           0           6.385       0.00     9.77
 2008     1             0           0           6               0           0           4.951       0.00     9.77
 2009     1             0           0           4               0           0           3.838       0.00     9.77
 2010     1             0           0           1               0           0           0.701       0.00     9.77
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0         129               0           0         112.874       0.00     9.77
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0         129               0           0         112.874       0.00     9.77

 CUMULATIVE             0           0           0
 ULTIMATE               0           0         129
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>     <C>            <C>         <C>           <C>          <C>           <C>         <C>         <C>
 2001                0           0       234,172            0       234,172           0       7,025       227,147
 2002                0           0       222,716            0       222,716           0       6,682       216,034
 2003                0           0       172,671            0       172,671           0       5,180       167,491
 2004                0           0       133,870            0       133,870           0       4,016       129,854
 2005                0           0       103,790            0       103,790           0       3,114       100,676
 2006                0           0        80,467            0        80,467           0       2,414        78,053
 2007                0           0        62,386            0        62,386           0       1,871        60,515
 2008                0           0        48,367            0        48,367           0       1,451        46,916
 2009                0           0        37,499            0        37,499           0       1,125        36,374
 2010                0           0         6,851            0         6,851           0         206         6,645
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT             0           0     1,102,789            0     1,102,789           0      33,084     1,069,705
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0     1,102,789            0     1,102,789           0      33,084     1,069,705
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>     <C>          <C>         <C>         <C>         <C>           <C>            <C>           <C>
 2001          6,000           0      20,000           0        26,000        201,147       201,147       189,119
 2002          7,200           0           0           0         7,200        208,834       409,981       180,321
 2003          7,200           0           0           0         7,200        160,291       570,272       125,289
 2004          7,200           0           0           0         7,200        122,654       692,926        86,786
 2005          7,200           0           0           0         7,200         93,476       786,402        59,874
 2006          7,200           0           0           0         7,200         70,853       857,255        41,083
 2007          7,200           0           0           0         7,200         53,315       910,570        27,986
 2008          7,200           0           0           0         7,200         39,716       950,286        18,873
 2009          7,200           0           0           0         7,200         29,174       979,460        12,551
 2010          1,539           0           0           0         1,539          5,106       984,566         2,062
 2011              0           0           0           0             0              0       984,566             0
 2012              0           0           0           0             0              0       984,566             0
 2013              0           0           0           0             0              0       984,566             0
 2014              0           0           0           0             0              0       984,566             0
 2015              0           0           0           0             0              0       984,566             0

 SUBTOT       65,139           0      20,000           0        85,139        984,566                     743,944
 REMAIN            0           0           0           0             0              0       984,566             0
 TOTAL        65,139           0      20,000           0        85,139        984,566                     743,944

   LIFE OF EVALUATION IS 9.21 YEARS.
   FINAL PRODUCTION RATE: 0.3 MMCF/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 205
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           OIL LEASE
   TENGASCO INC. - OPERATOR   6-T1S-R75E                                               PROVED
     STEPHEN LAWSON #1   (TRENTON)                                                     PRODUCING

<CAPTION>
                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>     <C>            <C>        <C>
 INITIAL -   0.500000  0.437500                         24.10                               5.00% -         6,557
 FINAL   -   0.500000  0.437500                         24.10                              10.00% -         6,196
 REMARKS -                                                                                 15.00% -         5,866
                                                                                           20.00% -         5,565
                                                                                           25.00% -         5,289
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>   <C>   <C>           <C>         <C>          <C>            <C>            <C>           <C>       <C>
 2001     1           802           0           0             351           0           0.000      24.10     0.00
 2002     1           682           0           0             298           0           0.000      24.10     0.00
 2003     1           579           0           0             254           0           0.000      24.10     0.00
 2004     1           377           0           0             164           0           0.000      24.10     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL          2,440           0           0           1,067           0           0.000      24.10     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL              2,440           0           0           1,067           0           0.000      24.10     0.00

 CUMULATIVE         3,367           0           0
 ULTIMATE           5,807           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>     <C>            <C>         <C>           <C>          <C>           <C>         <C>         <C>
 2001            8,456           0             0            0         8,456         254           0         8,202
 2002            7,188           0             0            0         7,188         215           0         6,973
 2003            6,109           0             0            0         6,109         184           0         5,925
 2004            3,973           0             0            0         3,973         119           0         3,854
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT        25,726           0             0            0        25,726         772           0        24,954
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL          25,726           0             0            0        25,726         772           0        24,954
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>     <C>          <C>         <C>         <C>         <C>           <C>            <C>           <C>
 2001          4,800           0           0           0         4,800          3,402         3,402         3,249
 2002          4,800           0           0           0         4,800          2,173         5,575         1,880
 2003          4,800           0           0           0         4,800          1,125         6,700           883
 2004          3,600           0           0           0         3,600            254         6,954           184
 2005              0           0           0           0             0              0         6,954             0
 2006              0           0           0           0             0              0         6,954             0
 2007              0           0           0           0             0              0         6,954             0
 2008              0           0           0           0             0              0         6,954             0
 2009              0           0           0           0             0              0         6,954             0
 2010              0           0           0           0             0              0         6,954             0
 2011              0           0           0           0             0              0         6,954             0
 2012              0           0           0           0             0              0         6,954             0
 2013              0           0           0           0             0              0         6,954             0
 2014              0           0           0           0             0              0         6,954             0
 2015              0           0           0           0             0              0         6,954             0

 SUBTOT       18,000           0           0           0        18,000          6,954                       6,196
 REMAIN            0           0           0           0             0              0         6,954             0
 TOTAL        18,000           0           0           0        18,000          6,954                       6,196

   LIFE OF EVALUATION IS 3.75 YEARS.
   FINAL PRODUCTION RATE: 40 BBLS/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 206
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   6-T1S-R75E                                               PROVED
     STEPHEN LAWSON #2   (KNOX)                                                        SHUT-IN

<CAPTION>
                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>     <C>            <C>        <C>
 INITIAL -   1.000000                      0.656250                             9.77        5.00% -       730,992
 FINAL   -   1.000000                      0.656250                             9.77       10.00% -       698,952
 REMARKS - CAPITAL INCLUDED TO PERFORATE REMAINDER OF KNOX PAY.                            15.00% -       668,838
                                                                                           20.00% -       640,510
                                                                                           25.00% -       613,842
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>   <C>   <C>           <C>         <C>          <C>            <C>            <C>           <C>       <C>
 2001     1             0           0          77               0           0          50.621       0.00     9.77
 2002     1             0           0          51               0           0          33.379       0.00     9.77
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0         128               0           0          84.000       0.00     9.77
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0         128               0           0          84.000       0.00     9.77

 CUMULATIVE             0           0           0
 ULTIMATE               0           0         128
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>     <C>            <C>         <C>           <C>          <C>           <C>         <C>         <C>
 2001                0           0       494,568            0       494,568           0      14,837       479,731
 2002                0           0       326,112            0       326,112           0       9,783       316,329
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT             0           0       820,680            0       820,680           0      24,620       796,060
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0       820,680            0       820,680           0      24,620       796,060
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>     <C>          <C>         <C>         <C>         <C>           <C>            <C>           <C>
 2001          5,000           0      20,000           0        25,000        454,731       454,731       429,992
 2002          5,949           0           0           0         5,949        310,380       765,111       268,960
 2003              0           0           0           0             0              0       765,111             0
 2004              0           0           0           0             0              0       765,111             0
 2005              0           0           0           0             0              0       765,111             0
 2006              0           0           0           0             0              0       765,111             0
 2007              0           0           0           0             0              0       765,111             0
 2008              0           0           0           0             0              0       765,111             0
 2009              0           0           0           0             0              0       765,111             0
 2010              0           0           0           0             0              0       765,111             0
 2011              0           0           0           0             0              0       765,111             0
 2012              0           0           0           0             0              0       765,111             0
 2013              0           0           0           0             0              0       765,111             0
 2014              0           0           0           0             0              0       765,111             0
 2015              0           0           0           0             0              0       765,111             0

 SUBTOT       10,949           0      20,000           0        30,949        765,111                     698,952
 REMAIN            0           0           0           0             0              0       765,111             0
 TOTAL        10,949           0      20,000           0        30,949        765,111                     698,952

   LIFE OF EVALUATION IS 1.99 YEARS.
   FINAL PRODUCTION RATE: 3.1 MMCF/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 207
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   6-T1S-R75E                                               PROVED
     STEPHEN LAWSON #3   (KNOX)                                                        SHUT-IN

<CAPTION>
                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>     <C>            <C>        <C>
 INITIAL -   1.000000                      0.765624                             9.77        5.00% -     5,124,103
 FINAL   -   1.000000                      0.765624                             9.77       10.00% -     4,553,857
 REMARKS - CAPITAL INCLUDED TO PERFORATE REMAINDER OF KNOX PAY.                            15.00% -     4,089,850
                                                                                           20.00% -     3,707,236
                                                                                           25.00% -     3,387,696
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>   <C>   <C>           <C>         <C>          <C>            <C>            <C>           <C>       <C>
 2001     1             0           0         236               0           0         180.342       0.00     9.77
 2002     1             0           0         170               0           0         130.814       0.00     9.77
 2003     1             0           0         114               0           0          86.780       0.00     9.77
 2004     1             0           0          79               0           0          60.588       0.00     9.77
 2005     1             0           0          57               0           0          44.017       0.00     9.77
 2006     1             0           0          54               0           0          40.886       0.00     9.77
 2007     1             0           0          49               0           0          37.410       0.00     9.77
 2008     1             0           0          41               0           0          31.852       0.00     9.77
 2009     1             0           0          14               0           0          10.708       0.00     9.77
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0         814               0           0         623.397       0.00     9.77
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0         814               0           0         623.397       0.00     9.77

 CUMULATIVE             0           0           0
 ULTIMATE               0           0         814
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>     <C>            <C>         <C>           <C>          <C>           <C>         <C>         <C>
 2001                0           0     1,761,938            0     1,761,938           0      52,858     1,709,080
 2002                0           0     1,278,056            0     1,278,056           0      38,342     1,239,714
 2003                0           0       847,842            0       847,842           0      25,435       822,407
 2004                0           0       591,948            0       591,948           0      17,759       574,189
 2005                0           0       430,045            0       430,045           0      12,901       417,144
 2006                0           0       399,452            0       399,452           0      11,983       387,469
 2007                0           0       365,498            0       365,498           0      10,965       354,533
 2008                0           0       311,193            0       311,193           0       9,336       301,857
 2009                0           0       104,613            0       104,613           0       3,139       101,474
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT             0           0     6,090,585            0     6,090,585           0     182,718     5,907,867
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0     6,090,585            0     6,090,585           0     182,718     5,907,867
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>     <C>          <C>         <C>         <C>         <C>           <C>            <C>           <C>
 2001          5,000           0      20,000           0        25,000      1,684,080     1,684,080     1,597,208
 2002          6,000           0           0           0         6,000      1,233,714     2,917,794     1,066,820
 2003          6,000           0           0           0         6,000        816,407     3,734,201       638,751
 2004          6,000           0           0           0         6,000        568,189     4,302,390       402,267
 2005          6,000           0           0           0         6,000        411,144     4,713,534       263,416
 2006          7,200           0           0           0         7,200        380,269     5,093,803       219,677
 2007          7,200           0           0           0         7,200        347,333     5,441,136       182,144
 2008          7,200           0           0           0         7,200        294,657     5,735,793       139,858
 2009          2,686           0           0           0         2,686         98,788     5,834,581        43,716
 2010              0           0           0           0             0              0     5,834,581             0
 2011              0           0           0           0             0              0     5,834,581             0
 2012              0           0           0           0             0              0     5,834,581             0
 2013              0           0           0           0             0              0     5,834,581             0
 2014              0           0           0           0             0              0     5,834,581             0
 2015              0           0           0           0             0              0     5,834,581             0

 SUBTOT       53,286           0      20,000           0        73,286      5,834,581                   4,553,857
 REMAIN            0           0           0           0             0              0     5,834,581             0
 TOTAL        53,286           0      20,000           0        73,286      5,834,581                   4,553,857

   LIFE OF EVALUATION IS 8.37 YEARS.
   FINAL PRODUCTION RATE: 3.0 MMCF/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 208
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           OIL LEASE
   TENGASCO INC. - OPERATOR   6-T1S-R75E                                               PROVED
     STEPHEN LAWSON #3   (TRNT-SR-MFB)                                                 BEHIND PIPE

<CAPTION>
                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>     <C>            <C>        <C>
 INITIAL -   1.000000  0.765624            0.765624     24.10                   9.77        5.00% -       475,946
 FINAL   -   1.000000  0.765624            0.765624     24.10                   9.77       10.00% -       288,955
 REMARKS - COMPLETION COST IS SHOWN AS A DEVELOPMENT COST IN 2010.                         15.00% -       176,111
                                                                                           20.00% -       107,738
                                                                                           25.00% -        66,148
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>   <C>   <C>           <C>         <C>          <C>            <C>            <C>           <C>       <C>
 2001                   0           0           0               0           0           0.000       0.00     0.00
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010     1        22,310           0          15          17,081           0          11.476      24.10     9.77
 2011     1         9,731           0           7           7,450           0           5.005      24.10     9.77
 2012     1         4,244           0           2           3,250           0           2.183      24.10     9.77
 2013     1         1,851           0           2           1,417           0           0.952      24.10     9.77
 2014     1           564           0           0             432           0           0.290      24.10     9.77
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL         38,700           0          26          29,630           0          19.906      24.10     9.77
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL             38,700           0          26          29,630           0          19.906      24.10     9.77

 CUMULATIVE             0           0           0
 ULTIMATE          38,700           0          26
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>     <C>            <C>         <C>           <C>          <C>           <C>         <C>         <C>
 2001                0           0             0            0             0           0           0             0
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010          411,658           0       112,118            0       523,776      12,350       3,364       508,062
 2011          179,544           0        48,901            0       228,445       5,386       1,467       221,592
 2012           78,309           0        21,327            0        99,636       2,349         639        96,648
 2013           34,154           0         9,303            0        43,457       1,025         279        42,153
 2014           10,410           0         2,835            0        13,245         312          86        12,847
 2015                0           0             0            0             0           0           0             0

 SUB-TOT       714,075           0       194,484            0       908,559      21,422       5,835       881,302
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL         714,075           0       194,484            0       908,559      21,422       5,835       881,302
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>     <C>          <C>         <C>         <C>         <C>           <C>            <C>           <C>
 2001              0           0           0           0             0              0             0             0
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010          9,600           0      50,000           0        59,600        448,462       448,462       174,631
 2011          9,600           0           0           0         9,600        211,992       660,454        75,066
 2012          9,600           0           0           0         9,600         87,048       747,502        27,913
 2013          9,600           0           0           0         9,600         32,553       780,055         9,462
 2014          5,795           0           0           0         5,795          7,052       787,107         1,883
 2015              0           0           0           0             0              0       787,107             0

 SUBTOT       44,195           0      50,000           0        94,195        787,107                     288,955
 REMAIN            0           0           0           0             0              0       787,107             0
 TOTAL        44,195           0      50,000           0        94,195        787,107                     288,955

   LIFE OF EVALUATION IS 13.60 YEARS.
   FINAL PRODUCTION RATE: 61 BBLS/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 209
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR                                                            PROVED
     STEPHEN LAWSON #4   (KNOX)                                                        SHUT-IN

<CAPTION>
                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>     <C>            <C>        <C>
 INITIAL -   1.000000                      0.656250                             9.77        5.00% -     3,557,670
 FINAL   -   1.000000                      0.656250                             9.77       10.00% -     3,145,504
 REMARKS - CAPITAL INCLUDED TO PERFORATE REMAINDER OF KNOX PAY.                            15.00% -     2,805,907
           WELL REPLACES LOCATION #22.  RESERVES INCREASED DUE TO MORE PAY                 20.00% -     2,523,368
           THAN ANTICIPATED.                                                               25.00% -     2,286,069
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>   <C>   <C>           <C>         <C>          <C>            <C>            <C>           <C>       <C>
 2001     1             0           0         158               0           0         103.889       0.00     9.77
 2002     1             0           0         139               0           0          90.776       0.00     9.77
 2003     1             0           0         105               0           0          69.246       0.00     9.77
 2004     1             0           0          83               0           0          54.060       0.00     9.77
 2005     1             0           0          65               0           0          43.035       0.00     9.77
 2006     1             0           0          53               0           0          34.833       0.00     9.77
 2007     1             0           0          44               0           0          28.603       0.00     9.77
 2008     1             0           0          17               0           0          11.308       0.00     9.77
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0         664               0           0         435.750       0.00     9.77
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0         664               0           0         435.750       0.00     9.77

 CUMULATIVE             0           0           0
 ULTIMATE               0           0         664
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>     <C>            <C>         <C>           <C>          <C>           <C>         <C>         <C>
 2001                0           0     1,014,991            0     1,014,991           0      30,450       984,541
 2002                0           0       886,884            0       886,884           0      26,606       860,278
 2003                0           0       676,535            0       676,535           0      20,296       656,239
 2004                0           0       528,165            0       528,165           0      15,845       512,320
 2005                0           0       420,450            0       420,450           0      12,614       407,836
 2006                0           0       340,320            0       340,320           0      10,209       330,111
 2007                0           0       279,449            0       279,449           0       8,384       271,065
 2008                0           0       110,484            0       110,484           0       3,314       107,170
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT             0           0     4,257,278            0     4,257,278           0     127,718     4,129,560
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0     4,257,278            0     4,257,278           0     127,718     4,129,560
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>     <C>          <C>         <C>         <C>         <C>           <C>            <C>           <C>
 2001          5,000           0      20,000           0        25,000        959,541       959,541       907,930
 2002          6,000           0           0           0         6,000        854,278     1,813,819       737,772
 2003          6,000           0           0           0         6,000        650,239     2,464,058       508,228
 2004          6,000           0           0           0         6,000        506,320     2,970,378       358,168
 2005          6,000           0           0           0         6,000        401,836     3,372,214       257,276
 2006          7,200           0           0           0         7,200        322,911     3,695,125       187,125
 2007          7,200           0           0           0         7,200        263,865     3,958,990       138,401
 2008          3,264           0           0           0         3,264        103,906     4,062,896        50,604
 2009              0           0           0           0             0              0     4,062,896             0
 2010              0           0           0           0             0              0     4,062,896             0
 2011              0           0           0           0             0              0     4,062,896             0
 2012              0           0           0           0             0              0     4,062,896             0
 2013              0           0           0           0             0              0     4,062,896             0
 2014              0           0           0           0             0              0     4,062,896             0
 2015              0           0           0           0             0              0     4,062,896             0

 SUBTOT       46,664           0      20,000           0        66,664      4,062,896                   3,145,504
 REMAIN            0           0           0           0             0              0     4,062,896             0
 TOTAL        46,664           0      20,000           0        66,664      4,062,896                   3,145,504

   LIFE OF EVALUATION IS 7.45 YEARS.
   FINAL PRODUCTION RATE: 3.0 MMCF/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 210
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           OIL LEASE
   TENGASCO INC. - OPERATOR                                                            PROVED
     STEPHEN LAWSON #4   (STONES RIVER)                                                BEHIND PIPE

<CAPTION>
                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>     <C>            <C>        <C>
 INITIAL -   1.000000  0.656250            0.656250     24.10                   9.77        5.00% -       128,402
 FINAL   -   1.000000  0.656250            0.656250     24.10                   9.77       10.00% -        85,430
 REMARKS - COMPLETION COST IS SHOWN AS A DEVELOPMENT COST IN 2008.                         15.00% -        57,005
                                                                                           20.00% -        38,146
                                                                                           25.00% -        25,597
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>   <C>   <C>           <C>         <C>          <C>            <C>            <C>           <C>       <C>
 2001                   0           0           0               0           0           0.000       0.00     0.00
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008     1         6,139           0           4           4,029           0           2.707      24.10     9.77
 2009     1         4,058           0           3           2,663           0           1.789      24.10     9.77
 2010     1         1,795           0           1           1,178           0           0.791      24.10     9.77
 2011     1           793           0           1             520           0           0.350      24.10     9.77
 2012     1            42           0           0              28           0           0.018      24.10     9.77
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL         12,827           0           9           8,418           0           5.655      24.10     9.77
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL             12,827           0           9           8,418           0           5.655      24.10     9.77

 CUMULATIVE             0           0           0
 ULTIMATE          12,827           0           9
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>     <C>            <C>         <C>           <C>          <C>           <C>         <C>         <C>
 2001                0           0             0            0             0           0           0             0
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008           97,099           0        26,446            0       123,545       2,913         793       119,839
 2009           64,174           0        17,478            0        81,652       1,925         525        79,202
 2010           28,383           0         7,730            0        36,113         852         232        35,029
 2011           12,553           0         3,419            0        15,972         376         102        15,494
 2012              654           0           178            0           832          20           6           806
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT       202,863           0        55,251            0       258,114       6,086       1,658       250,370
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL         202,863           0        55,251            0       258,114       6,086       1,658       250,370
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>     <C>          <C>         <C>         <C>         <C>           <C>            <C>           <C>
 2001              0           0           0           0             0              0             0             0
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008          7,200           0      20,000           0        27,200         92,639        92,639        43,259
 2009          9,600           0           0           0         9,600         69,602       162,241        30,092
 2010          9,600           0           0           0         9,600         25,429       187,670         9,968
 2011          9,600           0           0           0         9,600          5,894       193,564         2,109
 2012            800           0           0           0           800              6       193,570             2
 2013              0           0           0           0             0              0       193,570             0
 2014              0           0           0           0             0              0       193,570             0
 2015              0           0           0           0             0              0       193,570             0

 SUBTOT       36,800           0      20,000           0        56,800        193,570                      85,430
 REMAIN            0           0           0           0             0              0       193,570             0
 TOTAL        36,800           0      20,000           0        56,800        193,570                      85,430

   LIFE OF EVALUATION IS 11.08 YEARS.
   FINAL PRODUCTION RATE: 41 BBLS/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 211
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           OIL LEASE
   TENGASCO INC. - OPERATOR   10-T1S-R74E                                              PROVED
     T.J. HARRISON #1   (TRENTON)                                                      PRODUCING

<CAPTION>
                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>     <C>            <C>        <C>
 INITIAL -   1.000000                                                                       5.00% -             0
 FINAL   -   1.000000                                                                      10.00% -             0
 REMARKS -                                                                                 15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>   <C>   <C>           <C>         <C>          <C>            <C>            <C>           <C>       <C>
 2001                   0           0           0               0           0           0.000       0.00     0.00
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE             0           0           0
 ULTIMATE               0           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>     <C>            <C>         <C>           <C>          <C>           <C>         <C>         <C>
 2001                0           0             0            0             0           0           0             0
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>     <C>          <C>         <C>         <C>         <C>           <C>            <C>           <C>
 2001              0           0           0           0             0              0             0             0
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0 BBLS/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 212
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   6-T1S-R75E                                               PROVED
     WARREN REED #1   (KNOX)                                                           SHUT-IN

<CAPTION>
                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>     <C>            <C>        <C>
 INITIAL -   1.000000                      0.875000                             9.77        5.00% -     2,824,461
 FINAL   -   1.000000                      0.875000                             9.77       10.00% -     2,564,728
 REMARKS - CAPITAL INCLUDED TO PERFORATE REMAINDER OF KNOX PAY.                            15.00% -     2,339,822
                                                                                           20.00% -     2,144,134
                                                                                           25.00% -     1,973,056
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>   <C>   <C>           <C>         <C>          <C>            <C>            <C>           <C>       <C>
 2001     1             0           0         111               0           0          96.725       0.00     9.77
 2002     1             0           0          97               0           0          85.380       0.00     9.77
 2003     1             0           0          72               0           0          63.031       0.00     9.77
 2004     1             0           0          55               0           0          47.892       0.00     9.77
 2005     1             0           0          42               0           0          37.264       0.00     9.77
 2006     1             0           0           6               0           0           4.832       0.00     9.77
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0         383               0           0         335.124       0.00     9.77
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0         383               0           0         335.124       0.00     9.77

 CUMULATIVE             0           0           0
 ULTIMATE               0           0         383
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>     <C>            <C>         <C>           <C>          <C>           <C>         <C>         <C>
 2001                0           0       945,008            0       945,008           0      28,350       916,658
 2002                0           0       834,167            0       834,167           0      25,025       809,142
 2003                0           0       615,817            0       615,817           0      18,475       597,342
 2004                0           0       467,901            0       467,901           0      14,037       453,864
 2005                0           0       364,072            0       364,072           0      10,922       353,150
 2006                0           0        47,206            0        47,206           0       1,416        45,790
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT             0           0     3,274,171            0     3,274,171           0      98,225     3,175,946
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0     3,274,171            0     3,274,171           0      98,225     3,175,946
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>     <C>          <C>         <C>         <C>         <C>           <C>            <C>           <C>
 2001          5,000           0      20,000           0        25,000        891,658       891,658       842,449
 2002          6,000           0           0           0         6,000        803,142     1,694,800       693,816
 2003          6,000           0           0           0         6,000        591,342     2,286,142       462,308
 2004          6,000           0           0           0         6,000        447,864     2,734,006       316,882
 2005          6,000           0           0           0         6,000        347,150     3,081,156       222,303
 2006          1,071           0           0           0         1,071         44,719     3,125,875        26,970
 2007              0           0           0           0             0              0     3,125,875             0
 2008              0           0           0           0             0              0     3,125,875             0
 2009              0           0           0           0             0              0     3,125,875             0
 2010              0           0           0           0             0              0     3,125,875             0
 2011              0           0           0           0             0              0     3,125,875             0
 2012              0           0           0           0             0              0     3,125,875             0
 2013              0           0           0           0             0              0     3,125,875             0
 2014              0           0           0           0             0              0     3,125,875             0
 2015              0           0           0           0             0              0     3,125,875             0

 SUBTOT       30,071           0      20,000           0        50,071      3,125,875                   2,564,728
 REMAIN            0           0           0           0             0              0     3,125,875             0
 TOTAL        30,071           0      20,000           0        50,071      3,125,875                   2,564,728

   LIFE OF EVALUATION IS 5.15 YEARS.
   FINAL PRODUCTION RATE: 3.1 MMCF/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 213
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           OIL LEASE
   TENGASCO INC. - OPERATOR   6-T1S-R75E                                               PROVED
     WARREN REED #1   (KNOX)                                                           BEHIND PIPE

<CAPTION>
                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>     <C>            <C>        <C>
 INITIAL -   1.000000  0.875000                         24.10                               5.00% -        75,452
 FINAL   -   1.000000  0.875000                         24.10                              10.00% -        56,241
 REMARKS - COMPLETION COST IS SHOWN AS A DEVELOPMENT COST IN 2006.                         15.00% -        42,003
                                                                                           20.00% -        31,431
                                                                                           25.00% -        23,564
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>   <C>   <C>           <C>         <C>          <C>            <C>            <C>           <C>       <C>
 2001                   0           0           0               0           0           0.000       0.00     0.00
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006     1         4,819           0           0           4,216           0           0.000      24.10     0.00
 2007     1         1,966           0           0           1,721           0           0.000      24.10     0.00
 2008     1           803           0           0             703           0           0.000      24.10     0.00
 2009     1            40           0           0              34           0           0.000      24.10     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL          7,628           0           0           6,674           0           0.000      24.10     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL              7,628           0           0           6,674           0           0.000      24.10     0.00

 CUMULATIVE             0           0           0
 ULTIMATE           7,628           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>     <C>            <C>         <C>           <C>          <C>           <C>         <C>         <C>
 2001                0           0             0            0             0           0           0             0
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006          101,614           0             0            0       101,614       3,048           0        98,566
 2007           41,474           0             0            0        41,474       1,245           0        40,229
 2008           16,927           0             0            0        16,927         507           0        16,420
 2009              840           0             0            0           840          26           0           814
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT       160,855           0             0            0       160,855       4,826           0       156,029
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL         160,855           0             0            0       160,855       4,826           0       156,029
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>     <C>          <C>         <C>         <C>         <C>           <C>            <C>           <C>
 2001              0           0           0           0             0              0             0             0
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006          9,600           0      25,000           0        34,600         63,966        63,966        36,751
 2007          9,600           0           0           0         9,600         30,629        94,595        16,194
 2008          9,600           0           0           0         9,600          6,820       101,415         3,289
 2009            800           0           0           0           800             14       101,429             7
 2010              0           0           0           0             0              0       101,429             0
 2011              0           0           0           0             0              0       101,429             0
 2012              0           0           0           0             0              0       101,429             0
 2013              0           0           0           0             0              0       101,429             0
 2014              0           0           0           0             0              0       101,429             0
 2015              0           0           0           0             0              0       101,429             0

 SUBTOT       29,600           0      25,000           0        54,600        101,429                      56,241
 REMAIN            0           0           0           0             0              0       101,429             0
 TOTAL        29,600           0      25,000           0        54,600        101,429                      56,241

   LIFE OF EVALUATION IS 8.08 YEARS.
   FINAL PRODUCTION RATE: 40 BBLS/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 214
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   11-T1S-R74E                                              PROVED
     WARREN REED #2   (KNOX)                                                           SHUT-IN

<CAPTION>
                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>     <C>            <C>        <C>
 INITIAL -   1.000000                      0.781250                             9.77        5.00% -    33,523,872
 FINAL   -   1.000000                      0.781250                             9.77       10.00% -    27,828,474
 REMARKS - CAPITAL INCLUDED TO PERFORATE REMAINDER OF KNOX PAY.                            15.00% -    24,001,832
                                                                                           20.00% -    21,226,233
                                                                                           25.00% -    19,097,807
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>   <C>   <C>           <C>         <C>          <C>            <C>            <C>           <C>       <C>
 2001     1             0           0       1,225               0           0         957.055       0.00     9.77
 2002     1             0           0         923               0           0         721.077       0.00     9.77
 2003     1             0           0         625               0           0         488.545       0.00     9.77
 2004     1             0           0         444               0           0         346.678       0.00     9.77
 2005     1             0           0         327               0           0         255.127       0.00     9.77
 2006     1             0           0         284               0           0         221.978       0.00     9.77
 2007     1             0           0         251               0           0         196.231       0.00     9.77
 2008     1             0           0         213               0           0         166.695       0.00     9.77
 2009     1             0           0         184               0           0         143.445       0.00     9.77
 2010     1             0           0         160               0           0         124.806       0.00     9.77
 2011     1             0           0         140               0           0         109.627       0.00     9.77
 2012     1             0           0         124               0           0          97.096       0.00     9.77
 2013     1             0           0         111               0           0          86.627       0.00     9.77
 2014     1             0           0         100               0           0          77.788       0.00     9.77
 2015     1             0           0          90               0           0          70.255       0.00     9.77

 SUB-TOTAL              0           0       5,201               0           0       4,063.030       0.00     9.77
 REMAINDER              0           0         621               0           0         485.565       0.00     9.77
 TOTAL                  0           0       5,822               0           0       4,548.595       0.00     9.77

 CUMULATIVE             0           0           0
 ULTIMATE               0           0       5,822
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>     <C>            <C>         <C>           <C>          <C>           <C>         <C>         <C>
 2001                0           0     9,350,428            0     9,350,428           0     280,513     9,069,915
 2002                0           0     7,044,918            0     7,044,918           0     211,347     6,833,571
 2003                0           0     4,773,087            0     4,773,087           0     143,193     4,629,894
 2004                0           0     3,387,043            0     3,387,043           0     101,611     3,285,432
 2005                0           0     2,492,588            0     2,492,588           0      74,778     2,417,810
 2006                0           0     2,168,726            0     2,168,726           0      65,062     2,103,664
 2007                0           0     1,917,180            0     1,917,180           0      57,515     1,859,665
 2008                0           0     1,628,606            0     1,628,606           0      48,858     1,579,748
 2009                0           0     1,401,461            0     1,401,461           0      42,044     1,359,417
 2010                0           0     1,219,358            0     1,219,358           0      36,581     1,182,777
 2011                0           0     1,071,058            0     1,071,058           0      32,132     1,038,926
 2012                0           0       948,628            0       948,628           0      28,458       920,170
 2013                0           0       846,344            0       846,344           0      25,391       820,953
 2014                0           0       759,988            0       759,988           0      22,799       737,189
 2015                0           0       686,394            0       686,394           0      20,592       665,802

 SUB-TOT             0           0    39,695,807            0    39,695,807           0   1,190,874    38,504,933
 REMAIN              0           0     4,743,975            0     4,743,975           0     142,319     4,601,656
 TOTAL               0           0    44,439,782            0    44,439,782           0   1,333,193    43,106,589
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>     <C>          <C>         <C>         <C>         <C>           <C>            <C>           <C>
 2001          5,000           0      20,000           0        25,000      9,044,915     9,044,915     8,576,601
 2002          6,000           0           0           0         6,000      6,827,571    15,872,486     5,902,718
 2003          6,000           0           0           0         6,000      4,623,894    20,496,380     3,617,095
 2004          6,000           0           0           0         6,000      3,279,432    23,775,812     2,321,443
 2005          6,000           0           0           0         6,000      2,411,810    26,187,622     1,545,035
 2006          7,200           0           0           0         7,200      2,096,464    28,284,086     1,212,480
 2007          7,200           0           0           0         7,200      1,852,465    30,136,551       971,444
 2008          7,200           0           0           0         7,200      1,572,548    31,709,099       746,400
 2009          7,200           0           0           0         7,200      1,352,217    33,061,316       580,929
 2010          7,200           0           0           0         7,200      1,175,577    34,236,893       457,132
 2011          7,200           0           0           0         7,200      1,031,726    35,268,619       363,140
 2012          7,200           0           0           0         7,200        912,970    36,181,589       290,864
 2013          7,200           0           0           0         7,200        813,753    36,995,342       234,666
 2014          7,200           0           0           0         7,200        729,989    37,725,331       190,548
 2015          7,200           0           0           0         7,200        658,602    38,383,933       155,612

 SUBTOT      101,000           0      20,000           0       121,000     38,383,933                  27,166,107
 REMAIN       80,216           0           0           0        80,216      4,521,440    42,905,373       662,367
 TOTAL       181,216           0      20,000           0       201,216     42,905,373                  27,828,474

   LIFE OF EVALUATION IS 26.14 YEARS.
   FINAL PRODUCTION RATE: 3.0 MMCF/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 215
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   11-T1S-R74E                                              PROVED
     WARREN REED #2   (SR-MFB)                                                         BEHIND PIPE

<CAPTION>
                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>     <C>            <C>        <C>
 INITIAL -   1.000000                      0.781250                             9.77        5.00% -       888,058
 FINAL   -   1.000000                      0.781250                             9.77       10.00% -       621,503
 REMARKS - COMPLETION COST IS SHOWN AS A DEVELOPMENT COST IN 2006.                         15.00% -       438,165
                                                                                           20.00% -       311,079
                                                                                           25.00% -       222,322
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>   <C>   <C>           <C>         <C>          <C>            <C>            <C>           <C>       <C>
 2001                   0           0           0               0           0           0.000       0.00     0.00
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006     1             0           0          48               0           0          37.859       0.00     9.77
 2007     1             0           0          39               0           0          30.112       0.00     9.77
 2008     1             0           0          31               0           0          24.550       0.00     9.77
 2009     1             0           0          27               0           0          20.416       0.00     9.77
 2010     1             0           0          22               0           0          17.258       0.00     9.77
 2011     1             0           0          14               0           0          11.210       0.00     9.77
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0         181               0           0         141.405       0.00     9.77
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0         181               0           0         141.405       0.00     9.77

 CUMULATIVE             0           0           0
 ULTIMATE               0           0         181
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>     <C>            <C>         <C>           <C>          <C>           <C>         <C>         <C>
 2001                0           0             0            0             0           0           0             0
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0       369,887            0       369,887           0      11,097       358,790
 2007                0           0       294,198            0       294,198           0       8,826       285,372
 2008                0           0       239,850            0       239,850           0       7,195       232,655
 2009                0           0       199,466            0       199,466           0       5,984       193,482
 2010                0           0       168,615            0       168,615           0       5,058       163,557
 2011                0           0       109,523            0       109,523           0       3,286       106,237
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT             0           0     1,381,539            0     1,381,539           0      41,446     1,340,093
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0     1,381,539            0     1,381,539           0      41,446     1,340,093
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>     <C>          <C>         <C>         <C>         <C>           <C>            <C>           <C>
 2001              0           0           0           0             0              0             0             0
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006          7,200           0      20,000           0        27,200        331,590       331,590       191,706
 2007          7,200           0           0           0         7,200        278,172       609,762       145,935
 2008          7,200           0           0           0         7,200        225,455       835,217       107,048
 2009          7,200           0           0           0         7,200        186,282     1,021,499        80,054
 2010          7,200           0           0           0         7,200        156,357     1,177,856        60,817
 2011          5,358           0           0           0         5,358        100,879     1,278,735        35,943
 2012              0           0           0           0             0              0     1,278,735             0
 2013              0           0           0           0             0              0     1,278,735             0
 2014              0           0           0           0             0              0     1,278,735             0
 2015              0           0           0           0             0              0     1,278,735             0

 SUBTOT       41,358           0      20,000           0        61,358      1,278,735                     621,503
 REMAIN            0           0           0           0             0              0     1,278,735             0
 TOTAL        41,358           0      20,000           0        61,358      1,278,735                     621,503

   LIFE OF EVALUATION IS 10.74 YEARS.
   FINAL PRODUCTION RATE: 1.5 MMCF/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 216
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   11-T1S-R74E                                              PROVED
     LOCATION # 1   (KNOX)                                                             UNDEVELOPED

<CAPTION>
                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>     <C>            <C>        <C>
 INITIAL -   1.000000                      0.875000                             9.77        5.00% -    26,323,935
 FINAL   -   1.000000                      0.875000                             9.77       10.00% -    22,671,454
 REMARKS - COMPLETION COST IS SHOWN AS A DEVELOPMENT COST IN 2001.                         15.00% -    19,882,275
                                                                                           20.00% -    17,688,137
                                                                                           25.00% -    15,917,482
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>   <C>   <C>           <C>         <C>          <C>            <C>            <C>           <C>       <C>
 2001     1             0           0         840               0           0         734.974       0.00     9.77
 2002     1             0           0         790               0           0         690.852       0.00     9.77
 2003     1             0           0         518               0           0         453.793       0.00     9.77
 2004     1             0           0         360               0           0         314.452       0.00     9.77
 2005     1             0           0         259               0           0         227.094       0.00     9.77
 2006     1             0           0         231               0           0         201.785       0.00     9.77
 2007     1             0           0         196               0           0         172.193       0.00     9.77
 2008     1             0           0         147               0           0         127.985       0.00     9.77
 2009     1             0           0         113               0           0          99.038       0.00     9.77
 2010     1             0           0          90               0           0          79.021       0.00     9.77
 2011     1             0           0          74               0           0          64.585       0.00     9.77
 2012     1             0           0          62               0           0          53.821       0.00     9.77
 2013     1             0           0          52               0           0          45.575       0.00     9.77
 2014     1             0           0          44               0           0          39.113       0.00     9.77
 2015     1             0           0          37               0           0          32.412       0.00     9.77

 SUB-TOTAL              0           0       3,813               0           0       3,336.693       0.00     9.77
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0       3,813               0           0       3,336.693       0.00     9.77

 CUMULATIVE             0           0           0
 ULTIMATE               0           0       3,813
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>     <C>            <C>         <C>           <C>          <C>           <C>         <C>         <C>
 2001                0           0     7,180,697            0     7,180,697           0     215,421     6,965,276
 2002                0           0     6,749,624            0     6,749,624           0     202,489     6,547,135
 2003                0           0     4,433,561            0     4,433,561           0     133,006     4,300,555
 2004                0           0     3,072,199            0     3,072,199           0      92,166     2,980,033
 2005                0           0     2,218,708            0     2,218,708           0      66,562     2,152,146
 2006                0           0     1,971,444            0     1,971,444           0      59,143     1,912,301
 2007                0           0     1,682,330            0     1,682,330           0      50,470     1,631,860
 2008                0           0     1,250,413            0     1,250,413           0      37,512     1,212,901
 2009                0           0       967,604            0       967,604           0      29,028       938,576
 2010                0           0       772,037            0       772,037           0      23,162       748,875
 2011                0           0       631,000            0       631,000           0      18,930       612,070
 2012                0           0       525,836            0       525,836           0      15,775       510,061
 2013                0           0       445,265            0       445,265           0      13,358       431,907
 2014                0           0       382,130            0       382,130           0      11,463       370,667
 2015                0           0       316,664            0       316,664           0       9,500       307,164

 SUB-TOT             0           0    32,599,512            0    32,599,512           0     977,985    31,621,527
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0    32,599,512            0    32,599,512           0     977,985    31,621,527
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>     <C>          <C>         <C>         <C>         <C>           <C>            <C>           <C>
 2001          4,000           0     250,000           0       254,000      6,711,276     6,711,276     6,297,002
 2002          6,000           0           0           0         6,000      6,541,135    13,252,411     5,656,709
 2003          6,000           0           0           0         6,000      4,294,555    17,546,966     3,360,200
 2004          6,000           0           0           0         6,000      2,974,033    20,520,999     2,105,618
 2005          6,000           0           0           0         6,000      2,146,146    22,667,145     1,375,038
 2006          7,200           0           0           0         7,200      1,905,101    24,572,246     1,100,105
 2007          7,200           0           0           0         7,200      1,624,660    26,196,906       853,035
 2008          7,200           0           0           0         7,200      1,205,701    27,402,607       572,837
 2009          7,200           0           0           0         7,200        931,376    28,333,983       400,446
 2010          7,200           0           0           0         7,200        741,675    29,075,658       288,595
 2011          7,200           0           0           0         7,200        604,870    29,680,528       213,016
 2012          7,200           0           0           0         7,200        502,861    30,183,389       160,282
 2013          7,200           0           0           0         7,200        424,707    30,608,096       122,526
 2014          7,200           0           0           0         7,200        363,467    30,971,563        94,910
 2015          6,852           0           0           0         6,852        300,312    31,271,875        71,135

 SUBTOT       99,652           0     250,000           0       349,652     31,271,875                  22,671,454
 REMAIN            0           0           0           0             0              0    31,271,875             0
 TOTAL        99,652           0     250,000           0       349,652     31,271,875                  22,671,454

   LIFE OF EVALUATION IS 14.95 YEARS.
   FINAL PRODUCTION RATE: 3.0 MMCF/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 217
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   11-T1S-R74E                                              PROVED
     LOCATION # 2   (KNOX)                                                             UNDEVELOPED

<CAPTION>
                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>     <C>            <C>        <C>
 INITIAL -   1.000000                      0.875000                             9.77        5.00% -    21,884,289
 FINAL   -   1.000000                      0.875000                             9.77       10.00% -    18,846,372
 REMARKS - COMPLETION COST IS SHOWN AS A DEVELOPMENT COST IN 2001.                         15.00% -    16,532,667
                                                                                           20.00% -    14,715,597
                                                                                           25.00% -    13,250,416
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>   <C>   <C>           <C>         <C>          <C>            <C>            <C>           <C>       <C>
 2001     1             0           0         709               0           0         620.360       0.00     9.77
 2002     1             0           0         658               0           0         575.927       0.00     9.77
 2003     1             0           0         433               0           0         378.289       0.00     9.77
 2004     1             0           0         299               0           0         262.124       0.00     9.77
 2005     1             0           0         216               0           0         189.299       0.00     9.77
 2006     1             0           0         179               0           0         156.174       0.00     9.77
 2007     1             0           0         151               0           0         131.852       0.00     9.77
 2008     1             0           0         118               0           0         103.643       0.00     9.77
 2009     1             0           0          96               0           0          83.713       0.00     9.77
 2010     1             0           0          79               0           0          69.095       0.00     9.77
 2011     1             0           0          66               0           0          58.045       0.00     9.77
 2012     1             0           0          57               0           0          49.483       0.00     9.77
 2013     1             0           0          48               0           0          42.709       0.00     9.77
 2014     1             0           0          43               0           0          37.255       0.00     9.77
 2015     1             0           0          27               0           0          23.822       0.00     9.77

 SUB-TOTAL              0           0       3,179               0           0       2,781.790       0.00     9.77
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0       3,179               0           0       2,781.790       0.00     9.77

 CUMULATIVE             0           0           0
 ULTIMATE               0           0       3,179
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>     <C>            <C>         <C>           <C>          <C>           <C>         <C>         <C>
 2001                0           0     6,060,914            0     6,060,914           0     181,827     5,879,087
 2002                0           0     5,626,803            0     5,626,803           0     168,805     5,457,998
 2003                0           0     3,695,881            0     3,695,881           0     110,876     3,585,005
 2004                0           0     2,560,954            0     2,560,954           0      76,829     2,484,125
 2005                0           0     1,849,450            0     1,849,450           0      55,483     1,793,967
 2006                0           0     1,525,816            0     1,525,816           0      45,775     1,480,041
 2007                0           0     1,288,198            0     1,288,198           0      38,645     1,249,553
 2008                0           0     1,012,595            0     1,012,595           0      30,378       982,217
 2009                0           0       817,880            0       817,880           0      24,537       793,343
 2010                0           0       675,059            0       675,059           0      20,252       654,807
 2011                0           0       567,099            0       567,099           0      17,012       550,087
 2012                0           0       483,445            0       483,445           0      14,504       468,941
 2013                0           0       417,266            0       417,266           0      12,518       404,748
 2014                0           0       363,985            0       363,985           0      10,919       353,066
 2015                0           0       232,745            0       232,745           0       6,983       225,762

 SUB-TOT             0           0    27,178,090            0    27,178,090           0     815,343    26,362,747
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0    27,178,090            0    27,178,090           0     815,343    26,362,747
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>     <C>          <C>         <C>         <C>         <C>           <C>            <C>           <C>
 2001          4,000           0     250,000           0       254,000      5,625,087     5,625,087     5,278,299
 2002          6,000           0           0           0         6,000      5,451,998    11,077,085     4,714,839
 2003          6,000           0           0           0         6,000      3,579,005    14,656,090     2,800,334
 2004          6,000           0           0           0         6,000      2,478,125    17,134,215     1,754,517
 2005          6,000           0           0           0         6,000      1,787,967    18,922,182     1,145,554
 2006          7,200           0           0           0         7,200      1,472,841    20,395,023       851,867
 2007          7,200           0           0           0         7,200      1,242,353    21,637,376       651,961
 2008          7,200           0           0           0         7,200        975,017    22,612,393       463,054
 2009          7,200           0           0           0         7,200        786,143    23,398,536       337,899
 2010          7,200           0           0           0         7,200        647,607    24,046,143       251,929
 2011          7,200           0           0           0         7,200        542,887    24,589,030       191,148
 2012          7,200           0           0           0         7,200        461,741    25,050,771       147,151
 2013          7,200           0           0           0         7,200        397,548    25,448,319       114,674
 2014          7,200           0           0           0         7,200        345,866    25,794,185        90,303
 2015          5,140           0           0           0         5,140        220,622    26,014,807        52,843

 SUBTOT       97,940           0     250,000           0       347,940     26,014,807                  18,846,372
 REMAIN            0           0           0           0             0              0    26,014,807             0
 TOTAL        97,940           0     250,000           0       347,940     26,014,807                  18,846,372

   LIFE OF EVALUATION IS 14.71 YEARS.
   FINAL PRODUCTION RATE: 3.0 MMCF/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 218
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   11-T1S-R74E                                              PROVED
     LOCATION # 4   (KNOX)                                                             UNDEVELOPED

<CAPTION>
                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>     <C>            <C>        <C>
 INITIAL -   1.000000                      0.875000                             9.77        5.00% -     6,327,573
 FINAL   -   1.000000                      0.875000                             9.77       10.00% -     5,394,837
 REMARKS - COMPLETION COST IS SHOWN AS A DEVELOPMENT COST IN 2001.                         15.00% -     4,683,117
                                                                                           20.00% -     4,126,721
                                                                                           25.00% -     3,681,797
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>   <C>   <C>           <C>         <C>          <C>            <C>            <C>           <C>       <C>
 2001     1             0           0         202               0           0         176.394       0.00     9.77
 2002     1             0           0         189               0           0         165.804       0.00     9.77
 2003     1             0           0         125               0           0         108.910       0.00     9.77
 2004     1             0           0          86               0           0          75.469       0.00     9.77
 2005     1             0           0          62               0           0          54.503       0.00     9.77
 2006     1             0           0          53               0           0          46.188       0.00     9.77
 2007     1             0           0          52               0           0          45.798       0.00     9.77
 2008     1             0           0          48               0           0          42.235       0.00     9.77
 2009     1             0           0          45               0           0          39.078       0.00     9.77
 2010     1             0           0          42               0           0          36.268       0.00     9.77
 2011     1             0           0          38               0           0          33.755       0.00     9.77
 2012     1             0           0          11               0           0           9.693       0.00     9.77
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0         953               0           0         834.095       0.00     9.77
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0         953               0           0         834.095       0.00     9.77

 CUMULATIVE             0           0           0
 ULTIMATE               0           0         953
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>     <C>            <C>         <C>           <C>          <C>           <C>         <C>         <C>
 2001                0           0     1,723,367            0     1,723,367           0      51,701     1,671,666
 2002                0           0     1,619,910            0     1,619,910           0      48,597     1,571,313
 2003                0           0     1,064,055            0     1,064,055           0      31,922     1,032,133
 2004                0           0       737,327            0       737,327           0      22,120       715,207
 2005                0           0       532,490            0       532,490           0      15,974       516,516
 2006                0           0       451,257            0       451,257           0      13,538       437,719
 2007                0           0       447,443            0       447,443           0      13,423       434,020
 2008                0           0       412,632            0       412,632           0      12,379       400,253
 2009                0           0       381,792            0       381,792           0      11,454       370,338
 2010                0           0       354,337            0       354,337           0      10,630       343,707
 2011                0           0       329,784            0       329,784           0       9,894       319,890
 2012                0           0        94,704            0        94,704           0       2,841        91,863
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT             0           0     8,149,098            0     8,149,098           0     244,473     7,904,625
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0     8,149,098            0     8,149,098           0     244,473     7,904,625
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>     <C>          <C>         <C>         <C>         <C>           <C>            <C>           <C>
 2001          4,000           0     250,000           0       254,000      1,417,666     1,417,666     1,323,874
 2002          6,000           0           0           0         6,000      1,565,313     2,982,979     1,353,682
 2003          6,000           0           0           0         6,000      1,026,133     4,009,112       802,891
 2004          6,000           0           0           0         6,000        709,207     4,718,319       502,129
 2005          6,000           0           0           0         6,000        510,516     5,228,835       327,095
 2006          7,200           0           0           0         7,200        430,519     5,659,354       248,792
 2007          7,200           0           0           0         7,200        426,820     6,086,174       223,667
 2008          7,200           0           0           0         7,200        393,053     6,479,227       186,443
 2009          7,200           0           0           0         7,200        363,138     6,842,365       155,922
 2010          7,200           0           0           0         7,200        336,507     7,178,872       130,788
 2011          7,200           0           0           0         7,200        312,690     7,491,562       110,010
 2012          2,164           0           0           0         2,164         89,699     7,581,261        29,544
 2013              0           0           0           0             0              0     7,581,261             0
 2014              0           0           0           0             0              0     7,581,261             0
 2015              0           0           0           0             0              0     7,581,261             0

 SUBTOT       73,364           0     250,000           0       323,364      7,581,261                   5,394,837
 REMAIN            0           0           0           0             0              0     7,581,261             0
 TOTAL        73,364           0     250,000           0       323,364      7,581,261                   5,394,837

   LIFE OF EVALUATION IS 11.30 YEARS.
   FINAL PRODUCTION RATE: 3.0 MMCF/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 219
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   11-T1S-R74E                                              PROVED
     LOCATION # 5   (KNOX)                                                             UNDEVELOPED

<CAPTION>
                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>     <C>            <C>        <C>
 INITIAL -   1.000000                      0.875000                             9.77        5.00% -    10,347,112
 FINAL   -   1.000000                      0.875000                             9.77       10.00% -     8,869,411
 REMARKS - COMPLETION COST IS SHOWN AS A DEVELOPMENT COST IN 2001.                         15.00% -     7,730,919
                                                                                           20.00% -     6,832,157
                                                                                           25.00% -     6,106,782
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>   <C>   <C>           <C>         <C>          <C>            <C>            <C>           <C>       <C>
 2001     1             0           0         302               0           0         264.635       0.00     9.77
 2002     1             0           0         328               0           0         287.030       0.00     9.77
 2003     1             0           0         215               0           0         187.566       0.00     9.77
 2004     1             0           0         148               0           0         129.463       0.00     9.77
 2005     1             0           0         106               0           0          93.209       0.00     9.77
 2006     1             0           0          87               0           0          76.135       0.00     9.77
 2007     1             0           0          81               0           0          70.157       0.00     9.77
 2008     1             0           0          67               0           0          59.217       0.00     9.77
 2009     1             0           0          58               0           0          50.683       0.00     9.77
 2010     1             0           0          50               0           0          43.894       0.00     9.77
 2011     1             0           0          44               0           0          38.401       0.00     9.77
 2012     1             0           0          39               0           0          33.783       0.00     9.77
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0       1,525               0           0       1,334.173       0.00     9.77
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0       1,525               0           0       1,334.173       0.00     9.77

 CUMULATIVE             0           0           0
 ULTIMATE               0           0       1,525
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>     <C>            <C>         <C>           <C>          <C>           <C>         <C>         <C>
 2001                0           0     2,585,482            0     2,585,482           0      77,564     2,507,918
 2002                0           0     2,804,286            0     2,804,286           0      84,129     2,720,157
 2003                0           0     1,832,517            0     1,832,517           0      54,976     1,777,541
 2004                0           0     1,264,850            0     1,264,850           0      37,945     1,226,905
 2005                0           0       910,648            0       910,648           0      27,319       883,329
 2006                0           0       743,837            0       743,837           0      22,316       721,521
 2007                0           0       685,438            0       685,438           0      20,563       664,875
 2008                0           0       578,551            0       578,551           0      17,356       561,195
 2009                0           0       495,174            0       495,174           0      14,855       480,319
 2010                0           0       428,843            0       428,843           0      12,866       415,977
 2011                0           0       375,179            0       375,179           0      11,255       363,924
 2012                0           0       330,063            0       330,063           0       9,902       320,161
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT             0           0    13,034,868            0    13,034,868           0     391,046    12,643,822
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0    13,034,868            0    13,034,868           0     391,046    12,643,822
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>     <C>          <C>         <C>         <C>         <C>           <C>            <C>           <C>
 2001          3,500           0     250,000           0       253,500      2,254,418     2,254,418     2,100,925
 2002          6,000           0           0           0         6,000      2,714,157     4,968,575     2,347,301
 2003          6,000           0           0           0         6,000      1,771,541     6,740,116     1,386,170
 2004          6,000           0           0           0         6,000      1,220,905     7,961,021       864,434
 2005          6,000           0           0           0         6,000        877,329     8,838,350       562,124
 2006          7,200           0           0           0         7,200        714,321     9,552,671       413,050
 2007          7,200           0           0           0         7,200        657,675    10,210,346       344,912
 2008          7,200           0           0           0         7,200        553,995    10,764,341       262,966
 2009          7,200           0           0           0         7,200        473,119    11,237,460       203,268
 2010          7,200           0           0           0         7,200        408,777    11,646,237       158,964
 2011          7,200           0           0           0         7,200        356,724    12,002,961       125,563
 2012          7,175           0           0           0         7,175        312,986    12,315,947        99,734
 2013              0           0           0           0             0              0    12,315,947             0
 2014              0           0           0           0             0              0    12,315,947             0
 2015              0           0           0           0             0              0    12,315,947             0

 SUBTOT       77,875           0     250,000           0       327,875     12,315,947                   8,869,411
 REMAIN            0           0           0           0             0              0    12,315,947             0
 TOTAL        77,875           0     250,000           0       327,875     12,315,947                   8,869,411

   LIFE OF EVALUATION IS 12.00 YEARS.
   FINAL PRODUCTION RATE: 3.1 MMCF/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 220
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   11-T1S-R74E                                              PROVED
     LOCATION # 6   (KNOX)                                                             UNDEVELOPED

<CAPTION>
                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>     <C>            <C>        <C>
 INITIAL -   1.000000                      0.875000                             9.77        5.00% -     8,132,876
 FINAL   -   1.000000                      0.875000                             9.77       10.00% -     7,221,576
 REMARKS - COMPLETION COST IS SHOWN AS A DEVELOPMENT COST IN 2001.                         15.00% -     6,460,768
                                                                                           20.00% -     5,819,454
                                                                                           25.00% -     5,273,880
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>   <C>   <C>           <C>         <C>          <C>            <C>            <C>           <C>       <C>
 2001     1             0           0         272               0           0         238.302       0.00     9.77
 2002     1             0           0         296               0           0         258.512       0.00     9.77
 2003     1             0           0         193               0           0         168.931       0.00     9.77
 2004     1             0           0         133               0           0         116.601       0.00     9.77
 2005     1             0           0          96               0           0          83.949       0.00     9.77
 2006     1             0           0          75               0           0          65.978       0.00     9.77
 2007     1             0           0          58               0           0          49.978       0.00     9.77
 2008     1             0           0          27               0           0          23.569       0.00     9.77
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0       1,150               0           0       1,005.820       0.00     9.77
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0       1,150               0           0       1,005.820       0.00     9.77

 CUMULATIVE             0           0           0
 ULTIMATE               0           0       1,150
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>     <C>            <C>         <C>           <C>          <C>           <C>         <C>         <C>
 2001                0           0     2,328,214            0     2,328,214           0      69,846     2,258,368
 2002                0           0     2,525,667            0     2,525,667           0      75,770     2,449,897
 2003                0           0     1,650,456            0     1,650,456           0      49,514     1,600,942
 2004                0           0     1,139,191            0     1,139,191           0      34,176     1,105,015
 2005                0           0       820,180            0       820,180           0      24,605       795,575
 2006                0           0       644,605            0       644,605           0      19,338       625,267
 2007                0           0       488,288            0       488,288           0      14,649       473,639
 2008                0           0       230,266            0       230,266           0       6,908       223,358
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT             0           0     9,826,867            0     9,826,867           0     294,806     9,532,061
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0     9,826,867            0     9,826,867           0     294,806     9,532,061
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>     <C>          <C>         <C>         <C>         <C>           <C>            <C>           <C>
 2001          3,500           0     250,000           0       253,500      2,004,868     2,004,868     1,867,577
 2002          6,000           0           0           0         6,000      2,443,897     4,448,765     2,113,572
 2003          6,000           0           0           0         6,000      1,594,942     6,043,707     1,247,989
 2004          6,000           0           0           0         6,000      1,099,015     7,142,722       778,133
 2005          6,000           0           0           0         6,000        789,575     7,932,297       505,899
 2006          7,200           0           0           0         7,200        618,067     8,550,364       357,742
 2007          7,200           0           0           0         7,200        466,439     9,016,803       245,131
 2008          4,726           0           0           0         4,726        218,632     9,235,435       105,533
 2009              0           0           0           0             0              0     9,235,435             0
 2010              0           0           0           0             0              0     9,235,435             0
 2011              0           0           0           0             0              0     9,235,435             0
 2012              0           0           0           0             0              0     9,235,435             0
 2013              0           0           0           0             0              0     9,235,435             0
 2014              0           0           0           0             0              0     9,235,435             0
 2015              0           0           0           0             0              0     9,235,435             0

 SUBTOT       46,626           0     250,000           0       296,626      9,235,435                   7,221,576
 REMAIN            0           0           0           0             0              0     9,235,435             0
 TOTAL        46,626           0     250,000           0       296,626      9,235,435                   7,221,576

   LIFE OF EVALUATION IS 7.66 YEARS.
   FINAL PRODUCTION RATE: 3.1 MMCF/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 221
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   11-T1S-R74E                                              PROVED
     LOCATION # 7   (KNOX)                                                             UNDEVELOPED

<CAPTION>
                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>     <C>            <C>        <C>
 INITIAL -   1.000000                      0.875000                             9.77        5.00% -    13,032,007
 FINAL   -   1.000000                      0.875000                             9.77       10.00% -    11,196,802
 REMARKS - COMPLETION COST IS SHOWN AS A DEVELOPMENT COST IN 2001.                         15.00% -     9,780,699
                                                                                           20.00% -     8,660,380
                                                                                           25.00% -     7,754,008
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>   <C>   <C>           <C>         <C>          <C>            <C>            <C>           <C>       <C>
 2001     1             0           0         382               0           0         334.124       0.00     9.77
 2002     1             0           0         415               0           0         362.867       0.00     9.77
 2003     1             0           0         271               0           0         237.120       0.00     9.77
 2004     1             0           0         187               0           0         163.665       0.00     9.77
 2005     1             0           0         134               0           0         117.832       0.00     9.77
 2006     1             0           0         110               0           0          95.853       0.00     9.77
 2007     1             0           0          97               0           0          85.434       0.00     9.77
 2008     1             0           0          80               0           0          69.674       0.00     9.77
 2009     1             0           0          66               0           0          57.958       0.00     9.77
 2010     1             0           0          56               0           0          49.004       0.00     9.77
 2011     1             0           0          48               0           0          42.003       0.00     9.77
 2012     1             0           0          42               0           0          36.422       0.00     9.77
 2013     1             0           0          18               0           0          16.031       0.00     9.77
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0       1,906               0           0       1,667.987       0.00     9.77
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0       1,906               0           0       1,667.987       0.00     9.77

 CUMULATIVE             0           0           0
 ULTIMATE               0           0       1,906
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>     <C>            <C>         <C>           <C>          <C>           <C>         <C>         <C>
 2001                0           0     3,264,390            0     3,264,390           0      97,932     3,166,458
 2002                0           0     3,545,208            0     3,545,208           0     106,356     3,438,852
 2003                0           0     2,316,662            0     2,316,662           0      69,500     2,247,162
 2004                0           0     1,599,005            0     1,599,005           0      47,970     1,551,035
 2005                0           0     1,151,221            0     1,151,221           0      34,537     1,116,684
 2006                0           0       936,486            0       936,486           0      28,094       908,392
 2007                0           0       834,691            0       834,691           0      25,041       809,650
 2008                0           0       680,711            0       680,711           0      20,421       660,290
 2009                0           0       566,249            0       566,249           0      16,988       549,261
 2010                0           0       478,773            0       478,773           0      14,363       464,410
 2011                0           0       410,371            0       410,371           0      12,311       398,060
 2012                0           0       355,841            0       355,841           0      10,675       345,166
 2013                0           0       156,620            0       156,620           0       4,699       151,921
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT             0           0    16,296,228            0    16,296,228           0     488,887    15,807,341
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0    16,296,228            0    16,296,228           0     488,887    15,807,341
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>     <C>          <C>         <C>         <C>         <C>           <C>            <C>           <C>
 2001          3,500           0     250,000           0       253,500      2,912,958     2,912,958     2,716,608
 2002          6,000           0           0           0         6,000      3,432,852     6,345,810     2,968,849
 2003          6,000           0           0           0         6,000      2,241,162     8,586,972     1,753,629
 2004          6,000           0           0           0         6,000      1,545,035    10,132,007     1,093,923
 2005          6,000           0           0           0         6,000      1,110,684    11,242,691       711,638
 2006          7,200           0           0           0         7,200        901,192    12,143,883       521,181
 2007          7,200           0           0           0         7,200        802,450    12,946,333       420,969
 2008          7,200           0           0           0         7,200        653,090    13,599,423       310,083
 2009          7,200           0           0           0         7,200        542,061    14,141,484       232,938
 2010          7,200           0           0           0         7,200        457,210    14,598,694       177,831
 2011          7,200           0           0           0         7,200        390,860    14,989,554       137,600
 2012          7,200           0           0           0         7,200        337,966    15,327,520       107,692
 2013          3,503           0           0           0         3,503        148,418    15,475,938        43,861
 2014              0           0           0           0             0              0    15,475,938             0
 2015              0           0           0           0             0              0    15,475,938             0

 SUBTOT       81,403           0     250,000           0       331,403     15,475,938                  11,196,802
 REMAIN            0           0           0           0             0              0    15,475,938             0
 TOTAL        81,403           0     250,000           0       331,403     15,475,938                  11,196,802

   LIFE OF EVALUATION IS 12.49 YEARS.
   FINAL PRODUCTION RATE: 3.1 MMCF/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 222
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   11-T1S-R74E                                              PROVED
     LOCATION # 8   (KNOX)                                                             UNDEVELOPED

<CAPTION>
                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>     <C>            <C>        <C>
 INITIAL -   1.000000                      0.875000                             9.77        5.00% -     9,382,565
 FINAL   -   1.000000                      0.875000                             9.77       10.00% -     7,981,230
 REMARKS - COMPLETION COST IS SHOWN AS A DEVELOPMENT COST IN 2001.                         15.00% -     6,909,299
                                                                                           20.00% -     6,068,314
                                                                                           25.00% -     5,393,164
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>   <C>   <C>           <C>         <C>          <C>            <C>            <C>           <C>       <C>
 2001     1             0           0         241               0           0         211.126       0.00     9.77
 2002     1             0           0         308               0           0         269.289       0.00     9.77
 2003     1             0           0         200               0           0         175.045       0.00     9.77
 2004     1             0           0         138               0           0         120.339       0.00     9.77
 2005     1             0           0          98               0           0          86.369       0.00     9.77
 2006     1             0           0          79               0           0          69.089       0.00     9.77
 2007     1             0           0          75               0           0          65.583       0.00     9.77
 2008     1             0           0          65               0           0          56.515       0.00     9.77
 2009     1             0           0          56               0           0          49.231       0.00     9.77
 2010     1             0           0          50               0           0          43.288       0.00     9.77
 2011     1             0           0          43               0           0          38.375       0.00     9.77
 2012     1             0           0          40               0           0          34.265       0.00     9.77
 2013     1             0           0           5               0           0           4.828       0.00     9.77
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0       1,398               0           0       1,223.342       0.00     9.77
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0       1,398               0           0       1,223.342       0.00     9.77

 CUMULATIVE             0           0           0
 ULTIMATE               0           0       1,398
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>     <C>            <C>         <C>           <C>          <C>           <C>         <C>         <C>
 2001                0           0     2,062,700            0     2,062,700           0      61,881     2,000,819
 2002                0           0     2,630,957            0     2,630,957           0      78,929     2,552,028
 2003                0           0     1,710,193            0     1,710,193           0      51,305     1,658,888
 2004                0           0     1,175,710            0     1,175,710           0      35,272     1,140,438
 2005                0           0       843,824            0       843,824           0      25,315       818,509
 2006                0           0       675,000            0       675,000           0      20,250       654,750
 2007                0           0       640,747            0       640,747           0      19,222       621,525
 2008                0           0       552,150            0       552,150           0      16,564       535,586
 2009                0           0       480,983            0       480,983           0      14,430       466,553
 2010                0           0       422,924            0       422,924           0      12,688       410,236
 2011                0           0       374,923            0       374,923           0      11,247       363,676
 2012                0           0       334,768            0       334,768           0      10,043       324,725
 2013                0           0        47,171            0        47,171           0       1,416        45,755
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT             0           0    11,952,050            0    11,952,050           0     358,562    11,593,488
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0    11,952,050            0    11,952,050           0     358,562    11,593,488
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>     <C>          <C>         <C>         <C>         <C>           <C>            <C>           <C>
 2001          3,000           0     250,000           0       253,000      1,747,819     1,747,819     1,620,504
 2002          6,000           0           0           0         6,000      2,546,028     4,293,847     2,202,007
 2003          6,000           0           0           0         6,000      1,652,888     5,946,735     1,293,377
 2004          6,000           0           0           0         6,000      1,134,438     7,081,173       803,236
 2005          6,000           0           0           0         6,000        812,509     7,893,682       520,606
 2006          7,200           0           0           0         7,200        647,550     8,541,232       374,535
 2007          7,200           0           0           0         7,200        614,325     9,155,557       322,118
 2008          7,200           0           0           0         7,200        528,386     9,683,943       250,771
 2009          7,200           0           0           0         7,200        459,353    10,143,296       197,327
 2010          7,200           0           0           0         7,200        403,036    10,546,332       156,713
 2011          7,200           0           0           0         7,200        356,476    10,902,808       125,462
 2012          7,200           0           0           0         7,200        317,525    11,220,333       101,156
 2013          1,080           0           0           0         1,080         44,675    11,265,008        13,418
 2014              0           0           0           0             0              0    11,265,008             0
 2015              0           0           0           0             0              0    11,265,008             0

 SUBTOT       78,480           0     250,000           0       328,480     11,265,008                   7,981,230
 REMAIN            0           0           0           0             0              0    11,265,008             0
 TOTAL        78,480           0     250,000           0       328,480     11,265,008                   7,981,230

   LIFE OF EVALUATION IS 12.15 YEARS.
   FINAL PRODUCTION RATE: 3.1 MMCF/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 223
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   11-T1S-R74E                                              PROVED
     LOCATION # 9   (KNOX)                                                             UNDEVELOPED

<CAPTION>
                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>     <C>            <C>        <C>
 INITIAL -   1.000000                      0.875000                             9.77        5.00% -     5,964,431
 FINAL   -   1.000000                      0.875000                             9.77       10.00% -     5,119,690
 REMARKS - COMPLETION COST IS SHOWN AS A DEVELOPMENT COST IN 2001.                         15.00% -     4,455,857
                                                                                           20.00% -     3,924,421
                                                                                           25.00% -     3,491,520
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>   <C>   <C>           <C>         <C>          <C>            <C>            <C>           <C>       <C>
 2001     1             0           0         160               0           0         140.429       0.00     9.77
 2002     1             0           0         205               0           0         178.971       0.00     9.77
 2003     1             0           0         133               0           0         116.333       0.00     9.77
 2004     1             0           0          91               0           0          79.975       0.00     9.77
 2005     1             0           0          66               0           0          57.398       0.00     9.77
 2006     1             0           0          53               0           0          46.074       0.00     9.77
 2007     1             0           0          52               0           0          45.431       0.00     9.77
 2008     1             0           0          46               0           0          40.874       0.00     9.77
 2009     1             0           0          43               0           0          36.979       0.00     9.77
 2010     1             0           0          38               0           0          33.624       0.00     9.77
 2011     1             0           0           2               0           0           2.005       0.00     9.77
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0         889               0           0         778.093       0.00     9.77
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0         889               0           0         778.093       0.00     9.77

 CUMULATIVE             0           0           0
 ULTIMATE               0           0         889
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>     <C>            <C>         <C>           <C>          <C>           <C>         <C>         <C>
 2001                0           0     1,371,987            0     1,371,987           0      41,160     1,330,827
 2002                0           0     1,748,543            0     1,748,543           0      52,456     1,696,087
 2003                0           0     1,136,575            0     1,136,575           0      34,097     1,102,478
 2004                0           0       781,351            0       781,351           0      23,441       757,910
 2005                0           0       560,780            0       560,780           0      16,823       543,957
 2006                0           0       450,146            0       450,146           0      13,504       436,642
 2007                0           0       443,862            0       443,862           0      13,316       430,546
 2008                0           0       399,339            0       399,339           0      11,980       387,359
 2009                0           0       361,288            0       361,288           0      10,839       350,449
 2010                0           0       328,508            0       328,508           0       9,855       318,653
 2011                0           0        19,590            0        19,590           0         588        19,002
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT             0           0     7,601,969            0     7,601,969           0     228,059     7,373,910
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0     7,601,969            0     7,601,969           0     228,059     7,373,910
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>     <C>          <C>         <C>         <C>         <C>           <C>            <C>           <C>
 2001          3,000           0     250,000           0       253,000      1,077,827     1,077,827       996,970
 2002          6,000           0           0           0         6,000      1,690,087     2,767,914     1,461,728
 2003          6,000           0           0           0         6,000      1,096,478     3,864,392       857,994
 2004          6,000           0           0           0         6,000        751,910     4,616,302       532,392
 2005          6,000           0           0           0         6,000        537,957     5,154,259       344,693
 2006          7,200           0           0           0         7,200        429,442     5,583,701       248,352
 2007          7,200           0           0           0         7,200        423,346     6,007,047       221,894
 2008          7,200           0           0           0         7,200        380,159     6,387,206       180,363
 2009          7,200           0           0           0         7,200        343,249     6,730,455       147,409
 2010          7,200           0           0           0         7,200        311,453     7,041,908       121,071
 2011            451           0           0           0           451         18,551     7,060,459         6,824
 2012              0           0           0           0             0              0     7,060,459             0
 2013              0           0           0           0             0              0     7,060,459             0
 2014              0           0           0           0             0              0     7,060,459             0
 2015              0           0           0           0             0              0     7,060,459             0

 SUBTOT       63,451           0     250,000           0       313,451      7,060,459                   5,119,690
 REMAIN            0           0           0           0             0              0     7,060,459             0
 TOTAL        63,451           0     250,000           0       313,451      7,060,459                   5,119,690

   LIFE OF EVALUATION IS 10.06 YEARS.
   FINAL PRODUCTION RATE: 3.0 MMCF/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 224
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   11-T1S-R74E                                              PROVED
     LOCATION #10   (KNOX)                                                             UNDEVELOPED

<CAPTION>
                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>     <C>            <C>        <C>
 INITIAL -   1.000000                      0.875000                             9.77        5.00% -     8,872,007
 FINAL   -   1.000000                      0.875000                             9.77       10.00% -     7,777,888
 REMARKS - COMPLETION COST IS SHOWN AS A DEVELOPMENT COST IN 2001.                         15.00% -     6,883,522
                                                                                           20.00% -     6,143,106
                                                                                           25.00% -     5,522,793
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>   <C>   <C>           <C>         <C>          <C>            <C>            <C>           <C>       <C>
 2001     1             0           0         254               0           0         222.029       0.00     9.77
 2002     1             0           0         323               0           0         282.825       0.00     9.77
 2003     1             0           0         210               0           0         183.837       0.00     9.77
 2004     1             0           0         145               0           0         126.380       0.00     9.77
 2005     1             0           0         103               0           0          90.703       0.00     9.77
 2006     1             0           0          82               0           0          71.754       0.00     9.77
 2007     1             0           0          68               0           0          59.704       0.00     9.77
 2008     1             0           0          51               0           0          44.602       0.00     9.77
 2009     1             0           0          34               0           0          29.619       0.00     9.77
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0       1,270               0           0       1,111.453       0.00     9.77
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0       1,270               0           0       1,111.453       0.00     9.77

 CUMULATIVE             0           0           0
 ULTIMATE               0           0       1,270
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>     <C>            <C>         <C>           <C>          <C>           <C>         <C>         <C>
 2001                0           0     2,169,228            0     2,169,228           0      65,077     2,104,151
 2002                0           0     2,763,201            0     2,763,201           0      82,896     2,680,305
 2003                0           0     1,796,092            0     1,796,092           0      53,883     1,742,209
 2004                0           0     1,234,731            0     1,234,731           0      37,042     1,197,689
 2005                0           0       886,167            0       886,167           0      26,585       859,582
 2006                0           0       701,040            0       701,040           0      21,031       680,009
 2007                0           0       583,313            0       583,313           0      17,499       565,814
 2008                0           0       435,760            0       435,760           0      13,073       422,687
 2009                0           0       289,374            0       289,374           0       8,681       280,693
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT             0           0    10,858,906            0    10,858,906           0     325,767    10,533,139
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0    10,858,906            0    10,858,906           0     325,767    10,533,139
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>     <C>          <C>         <C>         <C>         <C>           <C>            <C>           <C>
 2001          3,000           0     250,000           0       253,000      1,851,151     1,851,151     1,716,719
 2002          6,000           0           0           0         6,000      2,674,305     4,525,456     2,312,951
 2003          6,000           0           0           0         6,000      1,736,209     6,261,665     1,358,575
 2004          6,000           0           0           0         6,000      1,191,689     7,453,354       843,772
 2005          6,000           0           0           0         6,000        853,582     8,306,936       546,922
 2006          7,200           0           0           0         7,200        672,809     8,979,745       389,309
 2007          7,200           0           0           0         7,200        558,614     9,538,359       293,295
 2008          7,200           0           0           0         7,200        415,487     9,953,846       197,399
 2009          6,046           0           0           0         6,046        274,647    10,228,493       118,946
 2010              0           0           0           0             0              0    10,228,493             0
 2011              0           0           0           0             0              0    10,228,493             0
 2012              0           0           0           0             0              0    10,228,493             0
 2013              0           0           0           0             0              0    10,228,493             0
 2014              0           0           0           0             0              0    10,228,493             0
 2015              0           0           0           0             0              0    10,228,493             0

 SUBTOT       54,646           0     250,000           0       304,646     10,228,493                   7,777,888
 REMAIN            0           0           0           0             0              0    10,228,493             0
 TOTAL        54,646           0     250,000           0       304,646     10,228,493                   7,777,888

   LIFE OF EVALUATION IS 8.84 YEARS.
   FINAL PRODUCTION RATE: 3.0 MMCF/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 225
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   11-T1S-R74E                                              PROVED
     LOCATION #11   (KNOX)                                                             UNDEVELOPED

<CAPTION>
                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>     <C>            <C>        <C>
 INITIAL -   1.000000                      0.875000                             9.77        5.00% -     8,840,356
 FINAL   -   1.000000                      0.875000                             9.77       10.00% -     7,720,723
 REMARKS - COMPLETION COST IS SHOWN AS A DEVELOPMENT COST IN 2001.                         15.00% -     6,806,085
                                                                                           20.00% -     6,049,575
                                                                                           25.00% -     5,416,517
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>   <C>   <C>           <C>         <C>          <C>            <C>            <C>           <C>       <C>
 2001     1             0           0         219               0           0         191.792       0.00     9.77
 2002     1             0           0         336               0           0         294.068       0.00     9.77
 2003     1             0           0         218               0           0         190.108       0.00     9.77
 2004     1             0           0         148               0           0         130.156       0.00     9.77
 2005     1             0           0         107               0           0          93.114       0.00     9.77
 2006     1             0           0          89               0           0          78.541       0.00     9.77
 2007     1             0           0          68               0           0          59.328       0.00     9.77
 2008     1             0           0          51               0           0          44.497       0.00     9.77
 2009     1             0           0          34               0           0          29.853       0.00     9.77
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0       1,270               0           0       1,111.457       0.00     9.77
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0       1,270               0           0       1,111.457       0.00     9.77

 CUMULATIVE             0           0           0
 ULTIMATE               0           0       1,270
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>     <C>            <C>         <C>           <C>          <C>           <C>         <C>         <C>
 2001                0           0     1,873,807            0     1,873,807           0      56,214     1,817,593
 2002                0           0     2,873,041            0     2,873,041           0      86,191     2,786,850
 2003                0           0     1,857,356            0     1,857,356           0      55,721     1,801,635
 2004                0           0     1,271,620            0     1,271,620           0      38,149     1,233,471
 2005                0           0       909,723            0       909,723           0      27,291       882,432
 2006                0           0       767,341            0       767,341           0      23,021       744,320
 2007                0           0       579,638            0       579,638           0      17,389       562,249
 2008                0           0       434,737            0       434,737           0      13,042       421,695
 2009                0           0       291,662            0       291,662           0       8,750       282,912
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT             0           0    10,858,925            0    10,858,925           0     325,768    10,533,157
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0    10,858,925            0    10,858,925           0     325,768    10,533,157
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>     <C>          <C>         <C>         <C>         <C>           <C>            <C>           <C>
 2001          2,500           0     250,000           0       252,500      1,565,093     1,565,093     1,444,661
 2002          6,000           0           0           0         6,000      2,780,850     4,345,943     2,405,220
 2003          6,000           0           0           0         6,000      1,795,635     6,141,578     1,405,128
 2004          6,000           0           0           0         6,000      1,227,471     7,369,049       869,133
 2005          6,000           0           0           0         6,000        876,432     8,245,481       561,576
 2006          7,200           0           0           0         7,200        737,120     8,982,601       426,828
 2007          7,200           0           0           0         7,200        555,049     9,537,650       291,413
 2008          7,200           0           0           0         7,200        414,495     9,952,145       196,922
 2009          6,095           0           0           0         6,095        276,817    10,228,962       119,842
 2010              0           0           0           0             0              0    10,228,962             0
 2011              0           0           0           0             0              0    10,228,962             0
 2012              0           0           0           0             0              0    10,228,962             0
 2013              0           0           0           0             0              0    10,228,962             0
 2014              0           0           0           0             0              0    10,228,962             0
 2015              0           0           0           0             0              0    10,228,962             0

 SUBTOT       54,195           0     250,000           0       304,195     10,228,962                   7,720,723
 REMAIN            0           0           0           0             0              0    10,228,962             0
 TOTAL        54,195           0     250,000           0       304,195     10,228,962                   7,720,723

   LIFE OF EVALUATION IS 8.85 YEARS.
   FINAL PRODUCTION RATE: 3.0 MMCF/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 226
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   11-T1S-R74E                                              PROVED
     LOCATION #12   (KNOX)                                                             UNDEVELOPED

<CAPTION>
                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>     <C>            <C>        <C>
 INITIAL -   1.000000                      0.875000                             9.77        5.00% -     8,840,356
 FINAL   -   1.000000                      0.875000                             9.77       10.00% -     7,720,723
 REMARKS - COMPLETION COST IS SHOWN AS A DEVELOPMENT COST IN 2001.                         15.00% -     6,806,085
                                                                                           20.00% -     6,049,575
                                                                                           25.00% -     5,416,517
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>   <C>   <C>           <C>         <C>          <C>            <C>            <C>           <C>       <C>
 2001     1             0           0         219               0           0         191.792       0.00     9.77
 2002     1             0           0         336               0           0         294.068       0.00     9.77
 2003     1             0           0         218               0           0         190.108       0.00     9.77
 2004     1             0           0         148               0           0         130.156       0.00     9.77
 2005     1             0           0         107               0           0          93.114       0.00     9.77
 2006     1             0           0          89               0           0          78.541       0.00     9.77
 2007     1             0           0          68               0           0          59.328       0.00     9.77
 2008     1             0           0          51               0           0          44.497       0.00     9.77
 2009     1             0           0          34               0           0          29.853       0.00     9.77
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0       1,270               0           0       1,111.457       0.00     9.77
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0       1,270               0           0       1,111.457       0.00     9.77

 CUMULATIVE             0           0           0
 ULTIMATE               0           0       1,270
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>     <C>            <C>         <C>           <C>          <C>           <C>         <C>         <C>
 2001                0           0     1,873,807            0     1,873,807           0      56,214     1,817,593
 2002                0           0     2,873,041            0     2,873,041           0      86,191     2,786,850
 2003                0           0     1,857,356            0     1,857,356           0      55,721     1,801,635
 2004                0           0     1,271,620            0     1,271,620           0      38,149     1,233,471
 2005                0           0       909,723            0       909,723           0      27,291       882,432
 2006                0           0       767,341            0       767,341           0      23,021       744,320
 2007                0           0       579,638            0       579,638           0      17,389       562,249
 2008                0           0       434,737            0       434,737           0      13,042       421,695
 2009                0           0       291,662            0       291,662           0       8,750       282,912
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT             0           0    10,858,925            0    10,858,925           0     325,768    10,533,157
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0    10,858,925            0    10,858,925           0     325,768    10,533,157
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>     <C>          <C>         <C>         <C>         <C>           <C>            <C>           <C>
 2001          2,500           0     250,000           0       252,500      1,565,093     1,565,093     1,444,661
 2002          6,000           0           0           0         6,000      2,780,850     4,345,943     2,405,220
 2003          6,000           0           0           0         6,000      1,795,635     6,141,578     1,405,128
 2004          6,000           0           0           0         6,000      1,227,471     7,369,049       869,133
 2005          6,000           0           0           0         6,000        876,432     8,245,481       561,576
 2006          7,200           0           0           0         7,200        737,120     8,982,601       426,828
 2007          7,200           0           0           0         7,200        555,049     9,537,650       291,413
 2008          7,200           0           0           0         7,200        414,495     9,952,145       196,922
 2009          6,095           0           0           0         6,095        276,817    10,228,962       119,842
 2010              0           0           0           0             0              0    10,228,962             0
 2011              0           0           0           0             0              0    10,228,962             0
 2012              0           0           0           0             0              0    10,228,962             0
 2013              0           0           0           0             0              0    10,228,962             0
 2014              0           0           0           0             0              0    10,228,962             0
 2015              0           0           0           0             0              0    10,228,962             0

 SUBTOT       54,195           0     250,000           0       304,195     10,228,962                   7,720,723
 REMAIN            0           0           0           0             0              0    10,228,962             0
 TOTAL        54,195           0     250,000           0       304,195     10,228,962                   7,720,723

   LIFE OF EVALUATION IS 8.85 YEARS.
   FINAL PRODUCTION RATE: 3.0 MMCF/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 227
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   11-T1S-R74E                                              PROVED
     LOCATION #13   (KNOX)                                                             UNDEVELOPED

<CAPTION>
                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>     <C>            <C>        <C>
 INITIAL -   1.000000                      0.875000                             9.77        5.00% -    12,945,297
 FINAL   -   1.000000                      0.875000                             9.77       10.00% -    11,040,496
 REMARKS - COMPLETION COST IS SHOWN AS A DEVELOPMENT COST IN 2001.                         15.00% -     9,568,559
                                                                                           20.00% -     8,403,638
                                                                                           25.00% -     7,461,763
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>   <C>   <C>           <C>         <C>          <C>            <C>            <C>           <C>       <C>
 2001     1             0           0         292               0           0         255.139       0.00     9.77
 2002     1             0           0         448               0           0         392.084       0.00     9.77
 2003     1             0           0         289               0           0         253.474       0.00     9.77
 2004     1             0           0         199               0           0         173.539       0.00     9.77
 2005     1             0           0         142               0           0         124.151       0.00     9.77
 2006     1             0           0         123               0           0         107.867       0.00     9.77
 2007     1             0           0         102               0           0          89.044       0.00     9.77
 2008     1             0           0          82               0           0          71.699       0.00     9.77
 2009     1             0           0          67               0           0          59.032       0.00     9.77
 2010     1             0           0          57               0           0          49.489       0.00     9.77
 2011     1             0           0          48               0           0          42.116       0.00     9.77
 2012     1             0           0          41               0           0          36.298       0.00     9.77
 2013     1             0           0          16               0           0          13.843       0.00     9.77
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0       1,906               0           0       1,667.775       0.00     9.77
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0       1,906               0           0       1,667.775       0.00     9.77

 CUMULATIVE             0           0           0
 ULTIMATE               0           0       1,906
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>     <C>            <C>         <C>           <C>          <C>           <C>         <C>         <C>
 2001                0           0     2,492,706            0     2,492,706           0      74,781     2,417,925
 2002                0           0     3,830,664            0     3,830,664           0     114,920     3,715,744
 2003                0           0     2,476,444            0     2,476,444           0      74,293     2,402,151
 2004                0           0     1,695,475            0     1,695,475           0      50,865     1,644,610
 2005                0           0     1,212,951            0     1,212,951           0      36,388     1,176,563
 2006                0           0     1,053,860            0     1,053,860           0      31,616     1,022,244
 2007                0           0       869,961            0       869,961           0      26,099       843,862
 2008                0           0       700,502            0       700,502           0      21,015       679,487
 2009                0           0       576,738            0       576,738           0      17,302       559,436
 2010                0           0       483,509            0       483,509           0      14,505       469,004
 2011                0           0       411,476            0       411,476           0      12,345       399,131
 2012                0           0       354,632            0       354,632           0      10,639       343,993
 2013                0           0       135,247            0       135,247           0       4,057       131,190
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT             0           0    16,294,165            0    16,294,165           0     488,825    15,805,340
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0    16,294,165            0    16,294,165           0     488,825    15,805,340
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>     <C>          <C>         <C>         <C>         <C>           <C>            <C>           <C>
 2001          2,500           0     250,000           0       252,500      2,165,425     2,165,425     2,000,744
 2002          6,000           0           0           0         6,000      3,709,744     5,875,169     3,208,635
 2003          6,000           0           0           0         6,000      2,396,151     8,271,320     1,875,042
 2004          6,000           0           0           0         6,000      1,638,610     9,909,930     1,160,243
 2005          6,000           0           0           0         6,000      1,170,563    11,080,493       750,037
 2006          7,200           0           0           0         7,200      1,015,044    12,095,537       587,339
 2007          7,200           0           0           0         7,200        836,662    12,932,199       438,968
 2008          7,200           0           0           0         7,200        672,287    13,604,486       319,227
 2009          7,200           0           0           0         7,200        552,236    14,156,722       237,329
 2010          7,200           0           0           0         7,200        461,804    14,618,526       179,629
 2011          7,200           0           0           0         7,200        391,931    15,010,457       137,985
 2012          7,200           0           0           0         7,200        336,793    15,347,250       107,323
 2013          3,035           0           0           0         3,035        128,155    15,475,405        37,995
 2014              0           0           0           0             0              0    15,475,405             0
 2015              0           0           0           0             0              0    15,475,405             0

 SUBTOT       79,935           0     250,000           0       329,935     15,475,405                  11,040,496
 REMAIN            0           0           0           0             0              0    15,475,405             0
 TOTAL        79,935           0     250,000           0       329,935     15,475,405                  11,040,496

   LIFE OF EVALUATION IS 12.42 YEARS.
   FINAL PRODUCTION RATE: 3.0 MMCF/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 228
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   11-T1S-R74E                                              PROVED
     LOCATION #14   (KNOX)                                                             UNDEVELOPED

<CAPTION>
                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>     <C>            <C>        <C>
 INITIAL -   1.000000                      0.875000                             9.77        5.00% -     8,803,596
 FINAL   -   1.000000                      0.875000                             9.77       10.00% -     7,656,855
 REMARKS - COMPLETION COST IS SHOWN AS A DEVELOPMENT COST IN 2001.                         15.00% -     6,722,013
                                                                                           20.00% -     5,950,365
                                                                                           25.00% -     5,305,947
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>   <C>   <C>           <C>         <C>          <C>            <C>            <C>           <C>       <C>
 2001     1             0           0         183               0           0         160.247       0.00     9.77
 2002     1             0           0         350               0           0         305.921       0.00     9.77
 2003     1             0           0         225               0           0         196.670       0.00     9.77
 2004     1             0           0         153               0           0         134.085       0.00     9.77
 2005     1             0           0         109               0           0          95.612       0.00     9.77
 2006     1             0           0          91               0           0          79.389       0.00     9.77
 2007     1             0           0          69               0           0          60.895       0.00     9.77
 2008     1             0           0          52               0           0          45.504       0.00     9.77
 2009     1             0           0          38               0           0          33.134       0.00     9.77
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0       1,270               0           0       1,111.457       0.00     9.77
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0       1,270               0           0       1,111.457       0.00     9.77

 CUMULATIVE             0           0           0
 ULTIMATE               0           0       1,270
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>     <C>            <C>         <C>           <C>          <C>           <C>         <C>         <C>
 2001                0           0     1,565,614            0     1,565,614           0      46,968     1,518,646
 2002                0           0     2,988,846            0     2,988,846           0      89,666     2,899,180
 2003                0           0     1,921,467            0     1,921,467           0      57,644     1,863,823
 2004                0           0     1,310,009            0     1,310,009           0      39,300     1,270,709
 2005                0           0       934,128            0       934,128           0      28,024       906,104
 2006                0           0       775,627            0       775,627           0      23,269       752,358
 2007                0           0       594,948            0       594,948           0      17,848       577,100
 2008                0           0       444,572            0       444,572           0      13,337       431,235
 2009                0           0       323,714            0       323,714           0       9,712       314,002
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT             0           0    10,858,925            0    10,858,925           0     325,768    10,533,157
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0    10,858,925            0    10,858,925           0     325,768    10,533,157
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>     <C>          <C>         <C>         <C>         <C>           <C>            <C>           <C>
 2001          2,000           0     250,000           0       252,000      1,266,646     1,266,646     1,163,682
 2002          6,000           0           0           0         6,000      2,893,180     4,159,826     2,502,507
 2003          6,000           0           0           0         6,000      1,857,823     6,017,649     1,453,848
 2004          6,000           0           0           0         6,000      1,264,709     7,282,358       895,526
 2005          6,000           0           0           0         6,000        900,104     8,182,462       576,757
 2006          7,200           0           0           0         7,200        745,158     8,927,620       431,315
 2007          7,200           0           0           0         7,200        569,900     9,497,520       299,220
 2008          7,200           0           0           0         7,200        424,035     9,921,555       201,459
 2009          6,695           0           0           0         6,695        307,307    10,228,862       132,541
 2010              0           0           0           0             0              0    10,228,862             0
 2011              0           0           0           0             0              0    10,228,862             0
 2012              0           0           0           0             0              0    10,228,862             0
 2013              0           0           0           0             0              0    10,228,862             0
 2014              0           0           0           0             0              0    10,228,862             0
 2015              0           0           0           0             0              0    10,228,862             0

 SUBTOT       54,295           0     250,000           0       304,295     10,228,862                   7,656,855
 REMAIN            0           0           0           0             0              0    10,228,862             0
 TOTAL        54,295           0     250,000           0       304,295     10,228,862                   7,656,855

   LIFE OF EVALUATION IS 8.93 YEARS.
   FINAL PRODUCTION RATE: 3.0 MMCF/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 229
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   11-T1S-R74E                                              PROVED
     LOCATION #15   (KNOX)                                                             UNDEVELOPED

<CAPTION>
                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>     <C>            <C>        <C>
 INITIAL -   1.000000                      0.875000                             9.77        5.00% -     8,070,295
 FINAL   -   1.000000                      0.875000                             9.77       10.00% -     7,066,251
 REMARKS - COMPLETION COST IS SHOWN AS A DEVELOPMENT COST IN 2001.                         15.00% -     6,236,886
                                                                                           20.00% -     5,544,488
                                                                                           25.00% -     4,960,630
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>   <C>   <C>           <C>         <C>          <C>            <C>            <C>           <C>       <C>
 2001     1             0           0         174               0           0         152.070       0.00     9.77
 2002     1             0           0         332               0           0         290.585       0.00     9.77
 2003     1             0           0         213               0           0         186.815       0.00     9.77
 2004     1             0           0         146               0           0         127.368       0.00     9.77
 2005     1             0           0         104               0           0          90.823       0.00     9.77
 2006     1             0           0          76               0           0          66.689       0.00     9.77
 2007     1             0           0          57               0           0          49.739       0.00     9.77
 2008     1             0           0          44               0           0          38.518       0.00     9.77
 2009     1             0           0          12               0           0          10.316       0.00     9.77
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0       1,158               0           0       1,012.923       0.00     9.77
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0       1,158               0           0       1,012.923       0.00     9.77

 CUMULATIVE             0           0           0
 ULTIMATE               0           0       1,158
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>     <C>            <C>         <C>           <C>          <C>           <C>         <C>         <C>
 2001                0           0     1,485,719            0     1,485,719           0      44,572     1,441,147
 2002                0           0     2,839,017            0     2,839,017           0      85,170     2,753,847
 2003                0           0     1,825,180            0     1,825,180           0      54,755     1,770,425
 2004                0           0     1,244,381            0     1,244,381           0      37,332     1,207,049
 2005                0           0       887,342            0       887,342           0      26,620       860,722
 2006                0           0       651,547            0       651,547           0      19,547       632,000
 2007                0           0       485,949            0       485,949           0      14,578       471,371
 2008                0           0       376,322            0       376,322           0      11,290       365,032
 2009                0           0       100,784            0       100,784           0       3,023        97,761
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT             0           0     9,896,241            0     9,896,241           0     296,887     9,599,354
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0     9,896,241            0     9,896,241           0     296,887     9,599,354
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>     <C>          <C>         <C>         <C>         <C>           <C>            <C>           <C>
 2001          2,000           0     250,000           0       252,000      1,189,147     1,189,147     1,092,202
 2002          6,000           0           0           0         6,000      2,747,847     3,936,994     2,376,800
 2003          6,000           0           0           0         6,000      1,764,425     5,701,419     1,380,759
 2004          6,000           0           0           0         6,000      1,201,049     6,902,468       850,450
 2005          6,000           0           0           0         6,000        854,722     7,757,190       547,678
 2006          7,200           0           0           0         7,200        624,800     8,381,990       362,376
 2007          7,200           0           0           0         7,200        464,171     8,846,161       243,627
 2008          7,200           0           0           0         7,200        357,832     9,203,993       169,964
 2009          2,248           0           0           0         2,248         95,513     9,299,506        42,395
 2010              0           0           0           0             0              0     9,299,506             0
 2011              0           0           0           0             0              0     9,299,506             0
 2012              0           0           0           0             0              0     9,299,506             0
 2013              0           0           0           0             0              0     9,299,506             0
 2014              0           0           0           0             0              0     9,299,506             0
 2015              0           0           0           0             0              0     9,299,506             0

 SUBTOT       49,848           0     250,000           0       299,848      9,299,506                   7,066,251
 REMAIN            0           0           0           0             0              0     9,299,506             0
 TOTAL        49,848           0     250,000           0       299,848      9,299,506                   7,066,251

   LIFE OF EVALUATION IS 8.31 YEARS.
   FINAL PRODUCTION RATE: 3.1 MMCF/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 230
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   11-T1S-R74E                                              PROVED
     LOCATION #16   (KNOX)                                                             UNDEVELOPED

<CAPTION>
                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>     <C>            <C>        <C>
 INITIAL -   1.000000                      0.875000                             9.77        5.00% -     4,314,916
 FINAL   -   1.000000                      0.875000                             9.77       10.00% -     3,776,673
 REMARKS - COMPLETION COST IS SHOWN AS A DEVELOPMENT COST IN 2001.                         15.00% -     3,329,453
                                                                                           20.00% -     2,954,525
                                                                                           25.00% -     2,637,498
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>   <C>   <C>           <C>         <C>          <C>            <C>            <C>           <C>       <C>
 2001     1             0           0          96               0           0          83.855       0.00     9.77
 2002     1             0           0         183               0           0         160.163       0.00     9.77
 2003     1             0           0         118               0           0         102.973       0.00     9.77
 2004     1             0           0          80               0           0          70.208       0.00     9.77
 2005     1             0           0          57               0           0          50.065       0.00     9.77
 2006     1             0           0          48               0           0          42.366       0.00     9.77
 2007     1             0           0          42               0           0          36.777       0.00     9.77
 2008     1             0           0          10               0           0           8.739       0.00     9.77
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0         634               0           0         555.146       0.00     9.77
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0         634               0           0         555.146       0.00     9.77

 CUMULATIVE             0           0           0
 ULTIMATE               0           0         634
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>     <C>            <C>         <C>           <C>          <C>           <C>         <C>         <C>
 2001                0           0       819,261            0       819,261           0      24,578       794,683
 2002                0           0     1,564,791            0     1,564,791           0      46,944     1,517,847
 2003                0           0     1,006,044            0     1,006,044           0      30,181       975,863
 2004                0           0       685,934            0       685,934           0      20,578       665,356
 2005                0           0       489,139            0       489,139           0      14,674       474,465
 2006                0           0       413,916            0       413,916           0      12,418       401,498
 2007                0           0       359,307            0       359,307           0      10,779       348,528
 2008                0           0        85,376            0        85,376           0       2,561        82,815
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT             0           0     5,423,768            0     5,423,768           0     162,713     5,261,055
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0     5,423,768            0     5,423,768           0     162,713     5,261,055
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>     <C>          <C>         <C>         <C>         <C>           <C>            <C>           <C>
 2001          2,000           0     250,000           0       252,000        542,683       542,683       496,068
 2002          6,000           0           0           0         6,000      1,511,847     2,054,530     1,307,707
 2003          6,000           0           0           0         6,000        969,863     3,024,393       758,978
 2004          6,000           0           0           0         6,000        659,356     3,683,749       466,889
 2005          6,000           0           0           0         6,000        468,465     4,152,214       300,181
 2006          7,200           0           0           0         7,200        394,298     4,546,512       228,074
 2007          7,200           0           0           0         7,200        341,328     4,887,840       179,026
 2008          1,925           0           0           0         1,925         80,890     4,968,730        39,750
 2009              0           0           0           0             0              0     4,968,730             0
 2010              0           0           0           0             0              0     4,968,730             0
 2011              0           0           0           0             0              0     4,968,730             0
 2012              0           0           0           0             0              0     4,968,730             0
 2013              0           0           0           0             0              0     4,968,730             0
 2014              0           0           0           0             0              0     4,968,730             0
 2015              0           0           0           0             0              0     4,968,730             0

 SUBTOT       42,325           0     250,000           0       292,325      4,968,730                   3,776,673
 REMAIN            0           0           0           0             0              0     4,968,730             0
 TOTAL        42,325           0     250,000           0       292,325      4,968,730                   3,776,673

   LIFE OF EVALUATION IS 7.27 YEARS.
   FINAL PRODUCTION RATE: 3.0 MMCF/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 231
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   11-T1S-R74E                                              PROVED
     LOCATION #17   (KNOX)                                                             UNDEVELOPED

<CAPTION>
                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>     <C>            <C>        <C>
 INITIAL -   1.000000                      0.875000                             9.77        5.00% -     4,296,934
 FINAL   -   1.000000                      0.875000                             9.77       10.00% -     3,745,400
 REMARKS - COMPLETION COST IS SHOWN AS A DEVELOPMENT COST IN 2001.                         15.00% -     3,288,301
                                                                                           20.00% -     2,906,053
                                                                                           25.00% -     2,583,643
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>   <C>   <C>           <C>         <C>          <C>            <C>            <C>           <C>       <C>
 2001     1             0           0          76               0           0          66.616       0.00     9.77
 2002     1             0           0         191               0           0         166.709       0.00     9.77
 2003     1             0           0         121               0           0         106.570       0.00     9.77
 2004     1             0           0          83               0           0          72.350       0.00     9.77
 2005     1             0           0          59               0           0          51.421       0.00     9.77
 2006     1             0           0          49               0           0          42.569       0.00     9.77
 2007     1             0           0          42               0           0          37.363       0.00     9.77
 2008     1             0           0          13               0           0          11.549       0.00     9.77
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0         634               0           0         555.147       0.00     9.77
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0         634               0           0         555.147       0.00     9.77

 CUMULATIVE             0           0           0
 ULTIMATE               0           0         634
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>     <C>            <C>         <C>           <C>          <C>           <C>         <C>         <C>
 2001                0           0       650,836            0       650,836           0      19,525       631,311
 2002                0           0     1,628,746            0     1,628,746           0      48,862     1,579,884
 2003                0           0     1,041,185            0     1,041,185           0      31,236     1,009,949
 2004                0           0       706,857            0       706,857           0      21,206       685,651
 2005                0           0       502,383            0       502,383           0      15,071       487,312
 2006                0           0       415,898            0       415,898           0      12,477       403,421
 2007                0           0       365,032            0       365,032           0      10,951       354,081
 2008                0           0       112,831            0       112,831           0       3,385       109,446
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT             0           0     5,423,768            0     5,423,768           0     162,713     5,261,055
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0     5,423,768            0     5,423,768           0     162,713     5,261,055
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>     <C>          <C>         <C>         <C>         <C>           <C>            <C>           <C>
 2001          1,500           0     250,000           0       251,500        379,811       379,811       345,145
 2002          6,000           0           0           0         6,000      1,573,884     1,953,695     1,361,440
 2003          6,000           0           0           0         6,000      1,003,949     2,957,644       785,683
 2004          6,000           0           0           0         6,000        679,651     3,637,295       481,274
 2005          6,000           0           0           0         6,000        481,312     4,118,607       308,421
 2006          7,200           0           0           0         7,200        396,221     4,514,828       229,164
 2007          7,200           0           0           0         7,200        346,881     4,861,709       181,941
 2008          2,525           0           0           0         2,525        106,921     4,968,630        52,332
 2009              0           0           0           0             0              0     4,968,630             0
 2010              0           0           0           0             0              0     4,968,630             0
 2011              0           0           0           0             0              0     4,968,630             0
 2012              0           0           0           0             0              0     4,968,630             0
 2013              0           0           0           0             0              0     4,968,630             0
 2014              0           0           0           0             0              0     4,968,630             0
 2015              0           0           0           0             0              0     4,968,630             0

 SUBTOT       42,425           0     250,000           0       292,425      4,968,630                   3,745,400
 REMAIN            0           0           0           0             0              0     4,968,630             0
 TOTAL        42,425           0     250,000           0       292,425      4,968,630                   3,745,400

   LIFE OF EVALUATION IS 7.35 YEARS.
   FINAL PRODUCTION RATE: 3.0 MMCF/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 232
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   11-T1S-R74E                                              PROVED
     LOCATION #18   (KNOX)                                                             UNDEVELOPED

<CAPTION>
                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>     <C>            <C>        <C>
 INITIAL -   1.000000                      0.875000                             9.77        5.00% -     5,912,473
 FINAL   -   1.000000                      0.875000                             9.77       10.00% -     5,022,296
 REMARKS - COMPLETION COST IS SHOWN AS A DEVELOPMENT COST IN 2001.                         15.00% -     4,321,373
                                                                                           20.00% -     3,760,223
                                                                                           25.00% -     3,303,894
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>   <C>   <C>           <C>         <C>          <C>            <C>            <C>           <C>       <C>
 2001     1             0           0          92               0           0          80.496       0.00     9.77
 2002     1             0           0         230               0           0         201.498       0.00     9.77
 2003     1             0           0         147               0           0         128.801       0.00     9.77
 2004     1             0           0         100               0           0          87.439       0.00     9.77
 2005     1             0           0          71               0           0          62.143       0.00     9.77
 2006     1             0           0          64               0           0          55.528       0.00     9.77
 2007     1             0           0          59               0           0          52.137       0.00     9.77
 2008     1             0           0          51               0           0          44.359       0.00     9.77
 2009     1             0           0          44               0           0          38.223       0.00     9.77
 2010     1             0           0          31               0           0          27.366       0.00     9.77
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0         889               0           0         777.990       0.00     9.77
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0         889               0           0         777.990       0.00     9.77

 CUMULATIVE             0           0           0
 ULTIMATE               0           0         889
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>     <C>            <C>         <C>           <C>          <C>           <C>         <C>         <C>
 2001                0           0       786,447            0       786,447           0      23,593       762,854
 2002                0           0     1,968,637            0     1,968,637           0      59,060     1,909,577
 2003                0           0     1,258,388            0     1,258,388           0      37,751     1,220,637
 2004                0           0       854,276            0       854,276           0      25,628       828,648
 2005                0           0       607,138            0       607,138           0      18,215       588,923
 2006                0           0       542,511            0       542,511           0      16,275       526,236
 2007                0           0       509,379            0       509,379           0      15,281       494,098
 2008                0           0       433,388            0       433,388           0      13,002       420,386
 2009                0           0       373,442            0       373,442           0      11,203       362,239
 2010                0           0       267,364            0       267,364           0       8,021       259,343
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT             0           0     7,600,970            0     7,600,970           0     228,029     7,372,941
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0     7,600,970            0     7,600,970           0     228,029     7,372,941
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>     <C>          <C>         <C>         <C>         <C>           <C>            <C>           <C>
 2001          1,500           0     250,000           0       251,500        511,354       511,354       465,889
 2002          6,000           0           0           0         6,000      1,903,577     2,414,931     1,646,628
 2003          6,000           0           0           0         6,000      1,214,637     3,629,568       950,563
 2004          6,000           0           0           0         6,000        822,648     4,452,216       582,530
 2005          6,000           0           0           0         6,000        582,923     5,035,139       373,530
 2006          7,200           0           0           0         7,200        519,036     5,554,175       299,733
 2007          7,200           0           0           0         7,200        486,898     6,041,073       255,332
 2008          7,200           0           0           0         7,200        413,186     6,454,259       196,117
 2009          7,200           0           0           0         7,200        355,039     6,809,298       152,530
 2010          5,846           0           0           0         5,846        253,497     7,062,795        99,444
 2011              0           0           0           0             0              0     7,062,795             0
 2012              0           0           0           0             0              0     7,062,795             0
 2013              0           0           0           0             0              0     7,062,795             0
 2014              0           0           0           0             0              0     7,062,795             0
 2015              0           0           0           0             0              0     7,062,795             0

 SUBTOT       60,146           0     250,000           0       310,146      7,062,795                   5,022,296
 REMAIN            0           0           0           0             0              0     7,062,795             0
 TOTAL        60,146           0     250,000           0       310,146      7,062,795                   5,022,296

   LIFE OF EVALUATION IS 9.81 YEARS.
   FINAL PRODUCTION RATE: 3.1 MMCF/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 233
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   11-T1S-R74E                                              PROVED
     LOCATION #19   (KNOX)                                                             UNDEVELOPED

<CAPTION>
                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>     <C>            <C>        <C>
 INITIAL -   1.000000                      0.875000                             9.77        5.00% -     3,394,869
 FINAL   -   1.000000                      0.875000                             9.77       10.00% -     2,963,411
 REMARKS - COMPLETION COST IS SHOWN AS A DEVELOPMENT COST IN 2001.                         15.00% -     2,603,736
                                                                                           20.00% -     2,301,497
                                                                                           25.00% -     2,045,565
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>   <C>   <C>           <C>         <C>          <C>            <C>            <C>           <C>       <C>
 2001     1             0           0          60               0           0          52.502       0.00     9.77
 2002     1             0           0         156               0           0         136.422       0.00     9.77
 2003     1             0           0         100               0           0          87.206       0.00     9.77
 2004     1             0           0          67               0           0          59.203       0.00     9.77
 2005     1             0           0          48               0           0          42.077       0.00     9.77
 2006     1             0           0          41               0           0          35.783       0.00     9.77
 2007     1             0           0          35               0           0          30.615       0.00     9.77
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0         507               0           0         443.808       0.00     9.77
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0         507               0           0         443.808       0.00     9.77

 CUMULATIVE             0           0           0
 ULTIMATE               0           0         507
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>     <C>            <C>         <C>           <C>          <C>           <C>         <C>         <C>
 2001                0           0       512,944            0       512,944           0      15,388       497,556
 2002                0           0     1,332,845            0     1,332,845           0      39,986     1,292,859
 2003                0           0       852,008            0       852,008           0      25,560       826,448
 2004                0           0       578,413            0       578,413           0      17,352       561,061
 2005                0           0       411,089            0       411,089           0      12,333       398,756
 2006                0           0       349,600            0       349,600           0      10,488       339,112
 2007                0           0       299,114            0       299,114           0       8,973       290,141
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT             0           0     4,336,013            0     4,336,013           0     130,080     4,205,933
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0     4,336,013            0     4,336,013           0     130,080     4,205,933
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>     <C>          <C>         <C>         <C>         <C>           <C>            <C>           <C>
 2001          1,500           0     250,000           0       251,500        246,056       246,056       222,249
 2002          6,000           0           0           0         6,000      1,286,859     1,532,915     1,113,162
 2003          6,000           0           0           0         6,000        820,448     2,353,363       642,080
 2004          6,000           0           0           0         6,000        555,061     2,908,424       393,051
 2005          6,000           0           0           0         6,000        392,756     3,301,180       251,677
 2006          7,200           0           0           0         7,200        331,912     3,633,092       191,842
 2007          6,513           0           0           0         6,513        283,628     3,916,720       149,350
 2008              0           0           0           0             0              0     3,916,720             0
 2009              0           0           0           0             0              0     3,916,720             0
 2010              0           0           0           0             0              0     3,916,720             0
 2011              0           0           0           0             0              0     3,916,720             0
 2012              0           0           0           0             0              0     3,916,720             0
 2013              0           0           0           0             0              0     3,916,720             0
 2014              0           0           0           0             0              0     3,916,720             0
 2015              0           0           0           0             0              0     3,916,720             0

 SUBTOT       39,213           0     250,000           0       289,213      3,916,720                   2,963,411
 REMAIN            0           0           0           0             0              0     3,916,720             0
 TOTAL        39,213           0     250,000           0       289,213      3,916,720                   2,963,411

   LIFE OF EVALUATION IS 6.90 YEARS.
   FINAL PRODUCTION RATE: 3.1 MMCF/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 234
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   11-T1S-R74E                                              PROVED
     LOCATION #20   (KNOX)                                                             UNDEVELOPED

<CAPTION>
                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>     <C>            <C>        <C>
 INITIAL -   1.000000                      0.875000                             9.77        5.00% -     3,769,939
 FINAL   -   1.000000                      0.875000                             9.77       10.00% -     3,222,626
 REMARKS - COMPLETION COST IS SHOWN AS A DEVELOPMENT COST IN 2002.                         15.00% -     2,773,917
                                                                                           20.00% -     2,402,903
                                                                                           25.00% -     2,093,631
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>   <C>   <C>           <C>         <C>          <C>            <C>            <C>           <C>       <C>
 2001                   0           0           0               0           0           0.000       0.00     0.00
 2002     1             0           0         180               0           0         157.570       0.00     9.77
 2003     1             0           0         132               0           0         115.792       0.00     9.77
 2004     1             0           0          88               0           0          76.823       0.00     9.77
 2005     1             0           0          62               0           0          53.642       0.00     9.77
 2006     1             0           0          46               0           0          40.318       0.00     9.77
 2007     1             0           0          43               0           0          38.183       0.00     9.77
 2008     1             0           0          20               0           0          17.266       0.00     9.77
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0         571               0           0         499.594       0.00     9.77
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0         571               0           0         499.594       0.00     9.77

 CUMULATIVE             0           0           0
 ULTIMATE               0           0         571
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>     <C>            <C>         <C>           <C>          <C>           <C>         <C>         <C>
 2001                0           0             0            0             0           0           0             0
 2002                0           0     1,539,457            0     1,539,457           0      46,184     1,493,273
 2003                0           0     1,131,289            0     1,131,289           0      33,938     1,097,351
 2004                0           0       750,565            0       750,565           0      22,517       728,048
 2005                0           0       524,078            0       524,078           0      15,723       508,355
 2006                0           0       393,908            0       393,908           0      11,817       382,091
 2007                0           0       373,044            0       373,044           0      11,191       361,853
 2008                0           0       168,684            0       168,684           0       5,061       163,623
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT             0           0     4,881,025            0     4,881,025           0     146,431     4,734,594
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0     4,881,025            0     4,881,025           0     146,431     4,734,594
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>     <C>          <C>         <C>         <C>         <C>           <C>            <C>           <C>
 2001              0           0           0           0             0              0             0             0
 2002          5,000           0     250,000           0       255,000      1,238,273     1,238,273     1,054,292
 2003          6,000           0           0           0         6,000      1,091,351     2,329,624       854,264
 2004          6,000           0           0           0         6,000        722,048     3,051,672       511,379
 2005          6,000           0           0           0         6,000        502,355     3,554,027       321,946
 2006          7,200           0           0           0         7,200        374,891     3,928,918       217,103
 2007          7,200           0           0           0         7,200        354,653     4,283,571       186,006
 2008          3,727           0           0           0         3,727        159,896     4,443,467        77,636
 2009              0           0           0           0             0              0     4,443,467             0
 2010              0           0           0           0             0              0     4,443,467             0
 2011              0           0           0           0             0              0     4,443,467             0
 2012              0           0           0           0             0              0     4,443,467             0
 2013              0           0           0           0             0              0     4,443,467             0
 2014              0           0           0           0             0              0     4,443,467             0
 2015              0           0           0           0             0              0     4,443,467             0

 SUBTOT       41,127           0     250,000           0       291,127      4,443,467                   3,222,626
 REMAIN            0           0           0           0             0              0     4,443,467             0
 TOTAL        41,127           0     250,000           0       291,127      4,443,467                   3,222,626

   LIFE OF EVALUATION IS 7.52 YEARS.
   FINAL PRODUCTION RATE: 3.0 MMCF/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 235
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   11-T1S-R74E                                              PROVED
     LOCATION #21   (KNOX)                                                             UNDEVELOPED

<CAPTION>
                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>     <C>            <C>        <C>
 INITIAL -   1.000000                      0.875000                             9.77        5.00% -     4,208,608
 FINAL   -   1.000000                      0.875000                             9.77       10.00% -     3,594,708
 REMARKS - COMPLETION COST IS SHOWN AS A DEVELOPMENT COST IN 2002.                         15.00% -     3,092,429
                                                                                           20.00% -     2,677,840
                                                                                           25.00% -     2,332,749
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>   <C>   <C>           <C>         <C>          <C>            <C>            <C>           <C>       <C>
 2001                   0           0           0               0           0           0.000       0.00     0.00
 2002     1             0           0         198               0           0         173.392       0.00     9.77
 2003     1             0           0         146               0           0         127.342       0.00     9.77
 2004     1             0           0          96               0           0          84.489       0.00     9.77
 2005     1             0           0          68               0           0          58.995       0.00     9.77
 2006     1             0           0          53               0           0          46.784       0.00     9.77
 2007     1             0           0          47               0           0          41.100       0.00     9.77
 2008     1             0           0          26               0           0          22.723       0.00     9.77
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0         634               0           0         554.825       0.00     9.77
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0         634               0           0         554.825       0.00     9.77

 CUMULATIVE             0           0           0
 ULTIMATE               0           0         634
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>     <C>            <C>         <C>           <C>          <C>           <C>         <C>         <C>
 2001                0           0             0            0             0           0           0             0
 2002                0           0     1,694,045            0     1,694,045           0      50,821     1,643,224
 2003                0           0     1,244,131            0     1,244,131           0      37,324     1,206,807
 2004                0           0       825,457            0       825,457           0      24,764       800,693
 2005                0           0       576,385            0       576,385           0      17,292       559,093
 2006                0           0       457,081            0       457,081           0      13,712       443,369
 2007                0           0       401,543            0       401,543           0      12,046       389,497
 2008                0           0       222,000            0       222,000           0       6,660       215,340
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT             0           0     5,420,642            0     5,420,642           0     162,619     5,258,023
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0     5,420,642            0     5,420,642           0     162,619     5,258,023
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>     <C>          <C>         <C>         <C>         <C>           <C>            <C>           <C>
 2001              0           0           0           0             0              0             0             0
 2002          5,000           0     250,000           0       255,000      1,388,224     1,388,224     1,183,063
 2003          6,000           0           0           0         6,000      1,200,807     2,589,031       939,940
 2004          6,000           0           0           0         6,000        794,693     3,383,724       562,827
 2005          6,000           0           0           0         6,000        553,093     3,936,817       354,462
 2006          7,200           0           0           0         7,200        436,169     4,372,986       252,288
 2007          7,200           0           0           0         7,200        382,297     4,755,283       200,582
 2008          4,783           0           0           0         4,783        210,557     4,965,840       101,546
 2009              0           0           0           0             0              0     4,965,840             0
 2010              0           0           0           0             0              0     4,965,840             0
 2011              0           0           0           0             0              0     4,965,840             0
 2012              0           0           0           0             0              0     4,965,840             0
 2013              0           0           0           0             0              0     4,965,840             0
 2014              0           0           0           0             0              0     4,965,840             0
 2015              0           0           0           0             0              0     4,965,840             0

 SUBTOT       42,183           0     250,000           0       292,183      4,965,840                   3,594,708
 REMAIN            0           0           0           0             0              0     4,965,840             0
 TOTAL        42,183           0     250,000           0       292,183      4,965,840                   3,594,708

   LIFE OF EVALUATION IS 7.66 YEARS.
   FINAL PRODUCTION RATE: 3.1 MMCF/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 236
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   11-T1S-R74E                                              PROVED
     LOCATION #23   (KNOX)                                                             UNDEVELOPED

<CAPTION>
                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>     <C>            <C>        <C>
 INITIAL -   1.000000                      0.875000                             9.77        5.00% -     4,191,067
 FINAL   -   1.000000                      0.875000                             9.77       10.00% -     3,564,939
 REMARKS - COMPLETION COST IS SHOWN AS A DEVELOPMENT COST IN 2002.                         15.00% -     3,054,203
                                                                                           20.00% -     2,633,904
                                                                                           25.00% -     2,285,113
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>   <C>   <C>           <C>         <C>          <C>            <C>            <C>           <C>       <C>
 2001                   0           0           0               0           0           0.000       0.00     0.00
 2002     1             0           0         183               0           0         159.948       0.00     9.77
 2003     1             0           0         151               0           0         132.139       0.00     9.77
 2004     1             0           0         100               0           0          87.240       0.00     9.77
 2005     1             0           0          69               0           0          60.688       0.00     9.77
 2006     1             0           0          54               0           0          47.108       0.00     9.77
 2007     1             0           0          48               0           0          41.898       0.00     9.77
 2008     1             0           0          29               0           0          25.805       0.00     9.77
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0         634               0           0         554.826       0.00     9.77
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0         634               0           0         554.826       0.00     9.77

 CUMULATIVE             0           0           0
 ULTIMATE               0           0         634
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>     <C>            <C>         <C>           <C>          <C>           <C>         <C>         <C>
 2001                0           0             0            0             0           0           0             0
 2002                0           0     1,562,692            0     1,562,692           0      46,881     1,515,811
 2003                0           0     1,290,993            0     1,290,993           0      38,730     1,252,263
 2004                0           0       852,339            0       852,339           0      25,570       826,769
 2005                0           0       592,919            0       592,919           0      17,787       575,132
 2006                0           0       460,242            0       460,242           0      13,808       446,434
 2007                0           0       409,342            0       409,342           0      12,280       397,062
 2008                0           0       252,115            0       252,115           0       7,563       244,552
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT             0           0     5,420,642            0     5,420,642           0     162,619     5,258,023
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0     5,420,642            0     5,420,642           0     162,619     5,258,023
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>     <C>          <C>         <C>         <C>         <C>           <C>            <C>           <C>
 2001              0           0           0           0             0              0             0             0
 2002          4,500           0     250,000           0       254,500      1,261,311     1,261,311     1,069,723
 2003          6,000           0           0           0         6,000      1,246,263     2,507,574       975,565
 2004          6,000           0           0           0         6,000        820,769     3,328,343       581,314
 2005          6,000           0           0           0         6,000        569,132     3,897,475       364,751
 2006          7,200           0           0           0         7,200        439,234     4,336,709       254,134
 2007          7,200           0           0           0         7,200        389,862     4,726,571       204,555
 2008          5,383           0           0           0         5,383        239,169     4,965,740       114,897
 2009              0           0           0           0             0              0     4,965,740             0
 2010              0           0           0           0             0              0     4,965,740             0
 2011              0           0           0           0             0              0     4,965,740             0
 2012              0           0           0           0             0              0     4,965,740             0
 2013              0           0           0           0             0              0     4,965,740             0
 2014              0           0           0           0             0              0     4,965,740             0
 2015              0           0           0           0             0              0     4,965,740             0

 SUBTOT       42,283           0     250,000           0       292,283      4,965,740                   3,564,939
 REMAIN            0           0           0           0             0              0     4,965,740             0
 TOTAL        42,283           0     250,000           0       292,283      4,965,740                   3,564,939

   LIFE OF EVALUATION IS 7.75 YEARS.
   FINAL PRODUCTION RATE: 3.1 MMCF/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 237
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   11-T1S-R74E                                              PROVED
     LOCATION #24   (KNOX)                                                             UNDEVELOPED

<CAPTION>
                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>     <C>            <C>        <C>
 INITIAL -   1.000000                      0.875000                             9.77        5.00% -     2,458,298
 FINAL   -   1.000000                      0.875000                             9.77       10.00% -     2,097,744
 REMARKS - COMPLETION COST IS SHOWN AS A DEVELOPMENT COST IN 2002.                         15.00% -     1,798,209
                                                                                           20.00% -     1,548,096
                                                                                           25.00% -     1,338,210
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>   <C>   <C>           <C>         <C>          <C>            <C>            <C>           <C>       <C>
 2001                   0           0           0               0           0           0.000       0.00     0.00
 2002     1             0           0         101               0           0          88.271       0.00     9.77
 2003     1             0           0         100               0           0          87.694       0.00     9.77
 2004     1             0           0          74               0           0          64.567       0.00     9.77
 2005     1             0           0          56               0           0          48.952       0.00     9.77
 2006     1             0           0          43               0           0          38.022       0.00     9.77
 2007     1             0           0           9               0           0           7.619       0.00     9.77
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0         383               0           0         335.125       0.00     9.77
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0         383               0           0         335.125       0.00     9.77

 CUMULATIVE             0           0           0
 ULTIMATE               0           0         383
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>     <C>            <C>         <C>           <C>          <C>           <C>         <C>         <C>
 2001                0           0             0            0             0           0           0             0
 2002                0           0       862,405            0       862,405           0      25,872       836,533
 2003                0           0       856,775            0       856,775           0      25,703       831,072
 2004                0           0       630,817            0       630,817           0      18,925       611,892
 2005                0           0       478,263            0       478,263           0      14,348       463,915
 2006                0           0       371,472            0       371,472           0      11,144       360,328
 2007                0           0        74,439            0        74,439           0       2,233        72,206
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT             0           0     3,274,171            0     3,274,171           0      98,225     3,175,946
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0     3,274,171            0     3,274,171           0      98,225     3,175,946
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>     <C>          <C>         <C>         <C>         <C>           <C>            <C>           <C>
 2001              0           0           0           0             0              0             0             0
 2002          4,500           0     250,000           0       254,500        582,033       582,033       487,393
 2003          6,000           0           0           0         6,000        825,072     1,407,105       645,216
 2004          6,000           0           0           0         6,000        605,892     2,012,997       428,791
 2005          6,000           0           0           0         6,000        457,915     2,470,912       293,289
 2006          7,200           0           0           0         7,200        353,128     2,824,040       204,700
 2007          1,673           0           0           0         1,673         70,533     2,894,573        38,355
 2008              0           0           0           0             0              0     2,894,573             0
 2009              0           0           0           0             0              0     2,894,573             0
 2010              0           0           0           0             0              0     2,894,573             0
 2011              0           0           0           0             0              0     2,894,573             0
 2012              0           0           0           0             0              0     2,894,573             0
 2013              0           0           0           0             0              0     2,894,573             0
 2014              0           0           0           0             0              0     2,894,573             0
 2015              0           0           0           0             0              0     2,894,573             0

 SUBTOT       31,373           0     250,000           0       281,373      2,894,573                   2,097,744
 REMAIN            0           0           0           0             0              0     2,894,573             0
 TOTAL        31,373           0     250,000           0       281,373      2,894,573                   2,097,744

   LIFE OF EVALUATION IS 6.23 YEARS.
   FINAL PRODUCTION RATE: 3.1 MMCF/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 238
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   11-T1S-R74E                                              PROVED
     LOCATION #25   (KNOX)                                                             UNDEVELOPED

<CAPTION>
                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>     <C>            <C>        <C>
 INITIAL -   1.000000                      0.875000                             9.77        5.00% -     2,067,998
 FINAL   -   1.000000                      0.875000                             9.77       10.00% -     1,807,508
 REMARKS - COMPLETION COST IS SHOWN AS A DEVELOPMENT COST IN 2002.                         15.00% -     1,584,110
                                                                                           20.00% -     1,391,931
                                                                                           25.00% -     1,226,113
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>   <C>   <C>           <C>         <C>          <C>            <C>            <C>           <C>       <C>
 2001                   0           0           0               0           0           0.000       0.00     0.00
 2002     1             0           0         113               0           0          99.282       0.00     9.77
 2003     1             0           0          99               0           0          85.798       0.00     9.77
 2004     1             0           0          63               0           0          55.651       0.00     9.77
 2005     1             0           0          44               0           0          38.196       0.00     9.77
 2006     1             0           0           0               0           0           0.198       0.00     9.77
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0         319               0           0         279.125       0.00     9.77
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0         319               0           0         279.125       0.00     9.77

 CUMULATIVE             0           0           0
 ULTIMATE               0           0         319
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>     <C>            <C>         <C>           <C>          <C>           <C>         <C>         <C>
 2001                0           0             0            0             0           0           0             0
 2002                0           0       969,987            0       969,987           0      29,100       940,887
 2003                0           0       838,247            0       838,247           0      25,147       813,100
 2004                0           0       543,706            0       543,706           0      16,311       527,395
 2005                0           0       373,174            0       373,174           0      11,195       361,979
 2006                0           0         1,937            0         1,937           0          59         1,878
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT             0           0     2,727,051            0     2,727,051           0      81,812     2,645,239
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0     2,727,051            0     2,727,051           0      81,812     2,645,239
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>     <C>          <C>         <C>         <C>         <C>           <C>            <C>           <C>
 2001              0           0           0           0             0              0             0             0
 2002          4,500           0     250,000           0       254,500        686,387       686,387       576,995
 2003          6,000           0           0           0         6,000        807,100     1,493,487       631,903
 2004          6,000           0           0           0         6,000        521,395     2,014,882       369,332
 2005          6,000           0           0           0         6,000        355,979     2,370,861       228,169
 2006             45           0           0           0            45          1,833     2,372,694         1,109
 2007              0           0           0           0             0              0     2,372,694             0
 2008              0           0           0           0             0              0     2,372,694             0
 2009              0           0           0           0             0              0     2,372,694             0
 2010              0           0           0           0             0              0     2,372,694             0
 2011              0           0           0           0             0              0     2,372,694             0
 2012              0           0           0           0             0              0     2,372,694             0
 2013              0           0           0           0             0              0     2,372,694             0
 2014              0           0           0           0             0              0     2,372,694             0
 2015              0           0           0           0             0              0     2,372,694             0

 SUBTOT       22,545           0     250,000           0       272,545      2,372,694                   1,807,508
 REMAIN            0           0           0           0             0              0     2,372,694             0
 TOTAL        22,545           0     250,000           0       272,545      2,372,694                   1,807,508

   LIFE OF EVALUATION IS 5.01 YEARS.
   FINAL PRODUCTION RATE: 3.0 MMCF/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 239
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   11-T1S-R74E                                              PROVED
     LOCATION #26   (KNOX)                                                             UNDEVELOPED

<CAPTION>
                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>     <C>            <C>        <C>
 INITIAL -   1.000000                      0.875000                             9.77        5.00% -       686,196
 FINAL   -   1.000000                      0.875000                             9.77       10.00% -       592,579
 REMARKS - COMPLETION COST IS SHOWN AS A DEVELOPMENT COST IN 2002.                         15.00% -       512,118
                                                                                           20.00% -       442,876
                                                                                           25.00% -       383,211
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>   <C>   <C>           <C>         <C>          <C>            <C>            <C>           <C>       <C>
 2001                   0           0           0               0           0           0.000       0.00     0.00
 2002     1             0           0          38               0           0          33.519       0.00     9.77
 2003     1             0           0          49               0           0          42.532       0.00     9.77
 2004     1             0           0          40               0           0          35.164       0.00     9.77
 2005     1             0           0           1               0           0           0.785       0.00     9.77
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0         128               0           0         112.000       0.00     9.77
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0         128               0           0         112.000       0.00     9.77

 CUMULATIVE             0           0           0
 ULTIMATE               0           0         128
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>     <C>            <C>         <C>           <C>          <C>           <C>         <C>         <C>
 2001                0           0             0            0             0           0           0             0
 2002                0           0       327,478            0       327,478           0       9,824       317,654
 2003                0           0       415,542            0       415,542           0      12,467       403,075
 2004                0           0       343,552            0       343,552           0      10,306       333,246
 2005                0           0         7,668            0         7,668           0         230         7,438
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT             0           0     1,094,240            0     1,094,240           0      32,827     1,061,413
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0     1,094,240            0     1,094,240           0      32,827     1,061,413
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>     <C>          <C>         <C>         <C>         <C>           <C>            <C>           <C>
 2001              0           0           0           0             0              0             0             0
 2002          4,000           0     250,000           0       254,000         63,654        63,654        46,113
 2003          6,000           0           0           0         6,000        397,075       460,729       310,198
 2004          6,000           0           0           0         6,000        327,246       787,975       231,393
 2005            147           0           0           0           147          7,291       795,266         4,875
 2006              0           0           0           0             0              0       795,266             0
 2007              0           0           0           0             0              0       795,266             0
 2008              0           0           0           0             0              0       795,266             0
 2009              0           0           0           0             0              0       795,266             0
 2010              0           0           0           0             0              0       795,266             0
 2011              0           0           0           0             0              0       795,266             0
 2012              0           0           0           0             0              0       795,266             0
 2013              0           0           0           0             0              0       795,266             0
 2014              0           0           0           0             0              0       795,266             0
 2015              0           0           0           0             0              0       795,266             0

 SUBTOT       16,147           0     250,000           0       266,147        795,266                     592,579
 REMAIN            0           0           0           0             0              0       795,266             0
 TOTAL        16,147           0     250,000           0       266,147        795,266                     592,579

   LIFE OF EVALUATION IS 4.02 YEARS.
   FINAL PRODUCTION RATE: 3.0 MMCF/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 240
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   11-T1S-R74E                                              PROVED
     LOCATION #27   (KNOX)                                                             UNDEVELOPED

<CAPTION>
                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>     <C>            <C>        <C>
 INITIAL -   1.000000                      0.875000                             9.77        5.00% -       686,196
 FINAL   -   1.000000                      0.875000                             9.77       10.00% -       592,579
 REMARKS - COMPLETION COST IS SHOWN AS A DEVELOPMENT COST IN 2002.                         15.00% -       512,118
                                                                                           20.00% -       442,876
                                                                                           25.00% -       383,211
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>   <C>   <C>           <C>         <C>          <C>            <C>            <C>           <C>       <C>
 2001                   0           0           0               0           0           0.000       0.00     0.00
 2002     1             0           0          38               0           0          33.519       0.00     9.77
 2003     1             0           0          49               0           0          42.532       0.00     9.77
 2004     1             0           0          40               0           0          35.164       0.00     9.77
 2005     1             0           0           1               0           0           0.785       0.00     9.77
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0         128               0           0         112.000       0.00     9.77
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0         128               0           0         112.000       0.00     9.77

 CUMULATIVE             0           0           0
 ULTIMATE               0           0         128
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>     <C>            <C>         <C>           <C>          <C>           <C>         <C>         <C>
 2001                0           0             0            0             0           0           0             0
 2002                0           0       327,478            0       327,478           0       9,824       317,654
 2003                0           0       415,542            0       415,542           0      12,467       403,075
 2004                0           0       343,552            0       343,552           0      10,306       333,246
 2005                0           0         7,668            0         7,668           0         230         7,438
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT             0           0     1,094,240            0     1,094,240           0      32,827     1,061,413
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0     1,094,240            0     1,094,240           0      32,827     1,061,413
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>     <C>          <C>         <C>         <C>         <C>           <C>            <C>           <C>
 2001              0           0           0           0             0              0             0             0
 2002          4,000           0     250,000           0       254,000         63,654        63,654        46,113
 2003          6,000           0           0           0         6,000        397,075       460,729       310,198
 2004          6,000           0           0           0         6,000        327,246       787,975       231,393
 2005            147           0           0           0           147          7,291       795,266         4,875
 2006              0           0           0           0             0              0       795,266             0
 2007              0           0           0           0             0              0       795,266             0
 2008              0           0           0           0             0              0       795,266             0
 2009              0           0           0           0             0              0       795,266             0
 2010              0           0           0           0             0              0       795,266             0
 2011              0           0           0           0             0              0       795,266             0
 2012              0           0           0           0             0              0       795,266             0
 2013              0           0           0           0             0              0       795,266             0
 2014              0           0           0           0             0              0       795,266             0
 2015              0           0           0           0             0              0       795,266             0

 SUBTOT       16,147           0     250,000           0       266,147        795,266                     592,579
 REMAIN            0           0           0           0             0              0       795,266             0
 TOTAL        16,147           0     250,000           0       266,147        795,266                     592,579

   LIFE OF EVALUATION IS 4.02 YEARS.
   FINAL PRODUCTION RATE: 3.0 MMCF/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 241
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   11-T1S-R74E                                              PROVED
     LOCATION #28   (KNOX)                                                             UNDEVELOPED

<CAPTION>
                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>     <C>            <C>        <C>
 INITIAL -   1.000000                      0.875000                             9.77        5.00% -       686,196
 FINAL   -   1.000000                      0.875000                             9.77       10.00% -       592,579
 REMARKS - COMPLETION COST IS SHOWN AS A DEVELOPMENT COST IN 2002.                         15.00% -       512,118
                                                                                           20.00% -       442,876
                                                                                           25.00% -       383,211
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>   <C>   <C>           <C>         <C>          <C>            <C>            <C>           <C>       <C>
 2001                   0           0           0               0           0           0.000       0.00     0.00
 2002     1             0           0          38               0           0          33.519       0.00     9.77
 2003     1             0           0          49               0           0          42.532       0.00     9.77
 2004     1             0           0          40               0           0          35.164       0.00     9.77
 2005     1             0           0           1               0           0           0.785       0.00     9.77
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0         128               0           0         112.000       0.00     9.77
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0         128               0           0         112.000       0.00     9.77

 CUMULATIVE             0           0           0
 ULTIMATE               0           0         128
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>     <C>            <C>         <C>           <C>          <C>           <C>         <C>         <C>
 2001                0           0             0            0             0           0           0             0
 2002                0           0       327,478            0       327,478           0       9,824       317,654
 2003                0           0       415,542            0       415,542           0      12,467       403,075
 2004                0           0       343,552            0       343,552           0      10,306       333,246
 2005                0           0         7,668            0         7,668           0         230         7,438
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT             0           0     1,094,240            0     1,094,240           0      32,827     1,061,413
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0     1,094,240            0     1,094,240           0      32,827     1,061,413
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>     <C>          <C>         <C>         <C>         <C>           <C>            <C>           <C>
 2001              0           0           0           0             0              0             0             0
 2002          4,000           0     250,000           0       254,000         63,654        63,654        46,113
 2003          6,000           0           0           0         6,000        397,075       460,729       310,198
 2004          6,000           0           0           0         6,000        327,246       787,975       231,393
 2005            147           0           0           0           147          7,291       795,266         4,875
 2006              0           0           0           0             0              0       795,266             0
 2007              0           0           0           0             0              0       795,266             0
 2008              0           0           0           0             0              0       795,266             0
 2009              0           0           0           0             0              0       795,266             0
 2010              0           0           0           0             0              0       795,266             0
 2011              0           0           0           0             0              0       795,266             0
 2012              0           0           0           0             0              0       795,266             0
 2013              0           0           0           0             0              0       795,266             0
 2014              0           0           0           0             0              0       795,266             0
 2015              0           0           0           0             0              0       795,266             0

 SUBTOT       16,147           0     250,000           0       266,147        795,266                     592,579
 REMAIN            0           0           0           0             0              0       795,266             0
 TOTAL        16,147           0     250,000           0       266,147        795,266                     592,579

   LIFE OF EVALUATION IS 4.02 YEARS.
   FINAL PRODUCTION RATE: 3.0 MMCF/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 242
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   11-T1S-R74E                                              PROVED
     LOCATION #29   (KNOX)                                                             UNDEVELOPED

<CAPTION>
                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>     <C>            <C>        <C>
 INITIAL -   1.000000                      0.875000                             9.77        5.00% -       683,348
 FINAL   -   1.000000                      0.875000                             9.77       10.00% -       587,682
 REMARKS - COMPLETION COST IS SHOWN AS A DEVELOPMENT COST IN 2002.                         15.00% -       505,796
                                                                                           20.00% -       435,615
                                                                                           25.00% -       375,391
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>   <C>   <C>           <C>         <C>          <C>            <C>            <C>           <C>       <C>
 2001                   0           0           0               0           0           0.000       0.00     0.00
 2002     1             0           0          34               0           0          29.577       0.00     9.77
 2003     1             0           0          49               0           0          43.237       0.00     9.77
 2004     1             0           0          41               0           0          35.709       0.00     9.77
 2005     1             0           0           4               0           0           3.476       0.00     9.77
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0         128               0           0         111.999       0.00     9.77
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0         128               0           0         111.999       0.00     9.77

 CUMULATIVE             0           0           0
 ULTIMATE               0           0         128
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>     <C>            <C>         <C>           <C>          <C>           <C>         <C>         <C>
 2001                0           0             0            0             0           0           0             0
 2002                0           0       288,970            0       288,970           0       8,669       280,301
 2003                0           0       422,426            0       422,426           0      12,673       409,753
 2004                0           0       348,879            0       348,879           0      10,466       338,413
 2005                0           0        33,965            0        33,965           0       1,019        32,946
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT             0           0     1,094,240            0     1,094,240           0      32,827     1,061,413
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0     1,094,240            0     1,094,240           0      32,827     1,061,413
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>     <C>          <C>         <C>         <C>         <C>           <C>            <C>           <C>
 2001              0           0           0           0             0              0             0             0
 2002          3,500           0     250,000           0       253,500         26,801        26,801        15,659
 2003          6,000           0           0           0         6,000        403,753       430,554       315,418
 2004          6,000           0           0           0         6,000        332,413       762,967       235,048
 2005            647           0           0           0           647         32,299       795,266        21,557
 2006              0           0           0           0             0              0       795,266             0
 2007              0           0           0           0             0              0       795,266             0
 2008              0           0           0           0             0              0       795,266             0
 2009              0           0           0           0             0              0       795,266             0
 2010              0           0           0           0             0              0       795,266             0
 2011              0           0           0           0             0              0       795,266             0
 2012              0           0           0           0             0              0       795,266             0
 2013              0           0           0           0             0              0       795,266             0
 2014              0           0           0           0             0              0       795,266             0
 2015              0           0           0           0             0              0       795,266             0

 SUBTOT       16,147           0     250,000           0       266,147        795,266                     587,682
 REMAIN            0           0           0           0             0              0       795,266             0
 TOTAL        16,147           0     250,000           0       266,147        795,266                     587,682

   LIFE OF EVALUATION IS 4.11 YEARS.
   FINAL PRODUCTION RATE: 3.0 MMCF/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 243
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   11-T1S-R74E                                              PROVED
     LOCATION #30   (KNOX)                                                             UNDEVELOPED

<CAPTION>
                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>     <C>            <C>        <C>
 INITIAL -   1.000000                      0.875000                             9.77        5.00% -       683,348
 FINAL   -   1.000000                      0.875000                             9.77       10.00% -       587,682
 REMARKS - COMPLETION COST IS SHOWN AS A DEVELOPMENT COST IN 2002.                         15.00% -       505,796
                                                                                           20.00% -       435,615
                                                                                           25.00% -       375,391
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>   <C>   <C>           <C>         <C>          <C>            <C>            <C>           <C>       <C>
 2001                   0           0           0               0           0           0.000       0.00     0.00
 2002     1             0           0          34               0           0          29.577       0.00     9.77
 2003     1             0           0          49               0           0          43.237       0.00     9.77
 2004     1             0           0          41               0           0          35.709       0.00     9.77
 2005     1             0           0           4               0           0           3.476       0.00     9.77
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0         128               0           0         111.999       0.00     9.77
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0         128               0           0         111.999       0.00     9.77

 CUMULATIVE             0           0           0
 ULTIMATE               0           0         128
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>     <C>            <C>         <C>           <C>          <C>           <C>         <C>         <C>
 2001                0           0             0            0             0           0           0             0
 2002                0           0       288,970            0       288,970           0       8,669       280,301
 2003                0           0       422,426            0       422,426           0      12,673       409,753
 2004                0           0       348,879            0       348,879           0      10,466       338,413
 2005                0           0        33,965            0        33,965           0       1,019        32,946
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT             0           0     1,094,240            0     1,094,240           0      32,827     1,061,413
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0     1,094,240            0     1,094,240           0      32,827     1,061,413
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>     <C>          <C>         <C>         <C>         <C>           <C>            <C>           <C>
 2001              0           0           0           0             0              0             0             0
 2002          3,500           0     250,000           0       253,500         26,801        26,801        15,659
 2003          6,000           0           0           0         6,000        403,753       430,554       315,418
 2004          6,000           0           0           0         6,000        332,413       762,967       235,048
 2005            647           0           0           0           647         32,299       795,266        21,557
 2006              0           0           0           0             0              0       795,266             0
 2007              0           0           0           0             0              0       795,266             0
 2008              0           0           0           0             0              0       795,266             0
 2009              0           0           0           0             0              0       795,266             0
 2010              0           0           0           0             0              0       795,266             0
 2011              0           0           0           0             0              0       795,266             0
 2012              0           0           0           0             0              0       795,266             0
 2013              0           0           0           0             0              0       795,266             0
 2014              0           0           0           0             0              0       795,266             0
 2015              0           0           0           0             0              0       795,266             0

 SUBTOT       16,147           0     250,000           0       266,147        795,266                     587,682
 REMAIN            0           0           0           0             0              0       795,266             0
 TOTAL        16,147           0     250,000           0       266,147        795,266                     587,682

   LIFE OF EVALUATION IS 4.11 YEARS.
   FINAL PRODUCTION RATE: 3.0 MMCF/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 244
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   11-T1S-R74E                                              PROBABLE
     PROBABLE LOCATIONS   (KNOX)                                                       UNDEVELOPED

<CAPTION>
                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>     <C>            <C>        <C>
 INITIAL -   1.000000                      0.875000                             9.77        5.00% -    91,285,523
 FINAL   -   1.000000                      0.875000                             9.77       10.00% -    75,180,091
 REMARKS - COMPLETION COST IS SHOWN AS A DEVELOPMENT COST IN 2002.                         15.00% -    62,778,240
                                                                                           20.00% -    53,040,641
                                                                                           25.00% -    45,259,984
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>   <C>   <C>           <C>         <C>          <C>            <C>            <C>           <C>       <C>
 2001                   0           0           0               0           0           0.000       0.00     0.00
 2002    10             0           0       2,537               0           0       2,220.294       0.00     9.77
 2003    10             0           0       3,233               0           0       2,828.251       0.00     9.77
 2004    10             0           0       2,101               0           0       1,838.375       0.00     9.77
 2005    10             0           0       1,444               0           0       1,263.798       0.00     9.77
 2006    10             0           0       1,037               0           0         907.028       0.00     9.77
 2007    10             0           0         770               0           0         673.586       0.00     9.77
 2008    10             0           0         587               0           0         514.300       0.00     9.77
 2009    10             0           0         698               0           0         610.551       0.00     9.77
 2010    10             0           0         617               0           0         539.494       0.00     9.77
 2011    10             0           0         466               0           0         407.657       0.00     9.77
 2012    10             0           0         207               0           0         181.607       0.00     9.77
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0      13,697               0           0      11,984.941       0.00     9.77
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0      13,697               0           0      11,984.941       0.00     9.77

 CUMULATIVE             0           0           0
 ULTIMATE               0           0      13,697
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>     <C>            <C>         <C>           <C>          <C>           <C>         <C>         <C>
 2001                0           0             0            0             0           0           0             0
 2002                0           0    21,692,276            0    21,692,276           0     650,768    21,041,508
 2003                0           0    27,632,016            0    27,632,016           0     828,961    26,803,055
 2004                0           0    17,960,921            0    17,960,921           0     538,827    17,422,094
 2005                0           0    12,347,309            0    12,347,309           0     370,420    11,976,889
 2006                0           0     8,861,666            0     8,861,666           0     265,850     8,595,816
 2007                0           0     6,580,932            0     6,580,932           0     197,428     6,383,504
 2008                0           0     5,024,707            0     5,024,707           0     150,741     4,873,966
 2009                0           0     5,965,084            0     5,965,084           0     178,952     5,786,132
 2010                0           0     5,270,854            0     5,270,854           0     158,126     5,112,728
 2011                0           0     3,982,814            0     3,982,814           0     119,484     3,863,330
 2012                0           0     1,774,301            0     1,774,301           0      53,229     1,721,072
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT             0           0   117,092,880            0   117,092,880           0   3,512,786   113,580,094
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0   117,092,880            0   117,092,880           0   3,512,786   113,580,094
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>     <C>          <C>         <C>         <C>         <C>           <C>            <C>           <C>
 2001              0           0           0           0             0              0             0             0
 2002         30,000           0     250,000           0       280,000     20,761,508    20,761,508    17,480,359
 2003         60,000           0           0           0        60,000     26,743,055    47,504,563    20,937,119
 2004         60,000           0           0           0        60,000     17,362,094    64,866,657    12,297,993
 2005         60,000           0           0           0        60,000     11,916,889    76,783,546     7,637,931
 2006         72,000           0           0           0        72,000      8,523,816    85,307,362     4,943,860
 2007         72,000           0           0           0        72,000      6,311,504    91,618,866     3,312,906
 2008         72,000           0           0           0        72,000      4,801,966    96,420,832     2,281,177
 2009         72,000           0           0           0        72,000      5,714,132   102,134,964     2,442,044
 2010         72,000           0           0           0        72,000      5,040,728   107,175,692     1,962,871
 2011         72,000           0           0           0        72,000      3,791,330   110,967,022     1,335,968
 2012         38,909           0           0           0        38,909      1,682,163   112,649,185       547,863
 2013              0           0           0           0             0              0   112,649,185             0
 2014              0           0           0           0             0              0   112,649,185             0
 2015              0           0           0           0             0              0   112,649,185             0

 SUBTOT      680,909           0     250,000           0       930,909    112,649,185                  75,180,091
 REMAIN            0           0           0           0             0              0   112,649,185             0
 TOTAL       680,909           0     250,000           0       930,909    112,649,185                  75,180,091

   LIFE OF EVALUATION IS 11.54 YEARS.
   FINAL PRODUCTION RATE: 30.2 MMCF/MO
</TABLE>

THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.

<PAGE>

  [LOGO OMITTED]  RYDER SCOTT COMPANY
                  ---------------------
                  PETROLEUM CONSULTANTS

                                  TENGASCO, INC.                       TABLE 245
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2000
                                    SEC CASE

<TABLE>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   11-T1S-R74E                                              POSSIBLE
     POSSIBLE LOCATIONS   (KNOX)                                                       UNDEVELOPED

<CAPTION>
                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>     <C>            <C>        <C>
 INITIAL -   1.000000                      0.875000                             9.77        5.00% -    53,825,724
 FINAL   -   1.000000                      0.875000                             9.77       10.00% -    43,252,319
 REMARKS - COMPLETION COST IS SHOWN AS A DEVELOPMENT COST IN 2003.                         15.00% -    35,019,134
                                                                                           20.00% -    28,549,812
                                                                                           25.00% -    23,422,959
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>   <C>   <C>           <C>         <C>          <C>            <C>            <C>           <C>       <C>
 2001                   0           0           0               0           0           0.000       0.00     0.00
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003    13             0           0       1,726               0           0       1,510.593       0.00     9.77
 2004    13             0           0       2,200               0           0       1,924.953       0.00     9.77
 2005    13             0           0       1,430               0           0       1,251.313       0.00     9.77
 2006    13             0           0         984               0           0         860.265       0.00     9.77
 2007    13             0           0         717               0           0         627.712       0.00     9.77
 2008    13             0           0         660               0           0         577.760       0.00     9.77
 2009    13             0           0         526               0           0         460.133       0.00     9.77
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0       8,243               0           0       7,212.729       0.00     9.77
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0       8,243               0           0       7,212.729       0.00     9.77

 CUMULATIVE             0           0           0
 ULTIMATE               0           0       8,243
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>     <C>            <C>         <C>           <C>          <C>           <C>         <C>         <C>
 2001                0           0             0            0             0           0           0             0
 2002                0           0             0            0             0           0           0             0
 2003                0           0    14,758,492            0    14,758,492           0     442,755    14,315,737
 2004                0           0    18,806,791            0    18,806,791           0     564,203    18,242,588
 2005                0           0    12,225,327            0    12,225,327           0     366,760    11,858,567
 2006                0           0     8,404,787            0     8,404,787           0     252,144     8,152,643
 2007                0           0     6,132,744            0     6,132,744           0     183,982     5,948,762
 2008                0           0     5,644,714            0     5,644,714           0     169,342     5,475,372
 2009                0           0     4,495,497            0     4,495,497           0     134,865     4,360,632
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0

 SUB-TOT             0           0    70,468,352            0    70,468,352           0   2,114,051    68,354,301
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0    70,468,352            0    70,468,352           0   2,114,051    68,354,301
</TABLE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>     <C>          <C>         <C>         <C>         <C>           <C>            <C>           <C>
 2001              0           0           0           0             0              0             0             0
 2002              0           0           0           0             0              0             0             0
 2003         39,000           0     250,000           0       289,000     14,026,737    14,026,737    10,687,250
 2004         78,000           0           0           0        78,000     18,164,588    32,191,325    12,873,157
 2005         78,000           0           0           0        78,000     11,780,567    43,971,892     7,553,585
 2006         93,600           0           0           0        93,600      8,059,043    52,030,935     4,675,789
 2007         93,600           0           0           0        93,600      5,855,162    57,886,097     3,071,757
 2008         93,600           0           0           0        93,600      5,381,772    63,267,869     2,556,234
 2009         93,362           0           0           0        93,362      4,267,270    67,535,139     1,834,547
 2010              0           0           0           0             0              0    67,535,139             0
 2011              0           0           0           0             0              0    67,535,139             0
 2012              0           0           0           0             0              0    67,535,139             0
 2013              0           0           0           0             0              0    67,535,139             0
 2014              0           0           0           0             0              0    67,535,139             0
 2015              0           0           0           0             0              0    67,535,139             0

 SUBTOT      569,162           0     250,000           0       819,162     67,535,139                  43,252,319
 REMAIN            0           0           0           0             0              0    67,535,139             0
 TOTAL       569,162           0     250,000           0       819,162     67,535,139                  43,252,319

   LIFE OF EVALUATION IS 9.00 YEARS.
   FINAL PRODUCTION RATE: 39.9 MMCF/MO
</TABLE>
THESE DATA ARE PART OF A RYDER SCOTT REPORT AND ARE SUBJECT TO THE CONDITIONS IN
THE TEXT OF THE REPORT.