irion tx - canyon - clear fork 3100 producing royalties...operator nov-2018 dec-2018 jan-2019...

IRION TX - CANYON - CLEAR FORK 3100 Producing

Royalties

11 Producing Royalty Interest Wells

Located in IRION (TX)

2601 Network Boulevard ~ Suite 404 ~ Frisco, Texas 75034

Phone: (866) 454-6107 | Fax: (214) 975-2526 | Email: [email protected]

WWW.OAKTREEMINERALS.COM

IRION TX - CANYON - CLEAR FORK 3100 Producing Royalties

Property Summary

The assets in this package are located in the Canyon and Clear Fork formations within IrionCounty, Texas.Over the past 6 months, there have been 61 new permits filed in Irion County,with 5 rigs active in the area. All of the permits filed are working the Permian Basin, withinwhich the Canyon and Clear Fork formations reside.

• 11 Producing Wells

• 0 Horizontal

• Royalty Interest

Package Details

• IRION (TX)

• Formation(s)

• 85.04% - Oil

• $44.70 Per Month

• Cash Flow Represents 100.00% of Check Statements

• 11 Vertical

Location

• CANYON, CLEAR FORK 3100

Production Breakdown

• 1.51% - Gas

• 13.45% - NGL

Cash Flow

• OCCIDENTAL PETROLEUM

Operator(s)

Package Contents


Check Revenue Statement

Check Statements

Maps

Production Graph

Source Assignments


IRION TX - CANYON - CLEAR FORK 3100 Producing

Royalties

Operator Nov-2018 Dec-2018 Jan-2019 Feb-2019 Mar-2019



Average

Production Months

OXY USA INC $19.47 $57.70 $32.92 $55.70 $57.73 $44.70

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

OXY USA INC in this package.

$19.47 $57.70 $32.92 $55.70 $57.73 $44.70Package Totals:

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

Check Statements


Maps


6/3/2019 benDefault

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

Production Graph


Summary page selections(Monthly Production)

Liquid (bbls): Current Cum: 584,705 Total: 584,705Gas (MCF): Current Cum: 3,305,539 Total: 3,305,539

Liquid (bbls) Gas (MCF) Wells

Date

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68

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© 2019 Drillinginfo

Source Assignments


IRION Co. Instrument No. 20190003178Vol. 0262 P.0261

OIL, GAS,MINERAL AND ROYALTY CONVEYANCEFor valuable consideration, the receipt of which is acknowledged, The Estate of Ralph W. Miller, whoseaddress is 221 Wren Way, Lancaster, PA 17601 (hereinafter referred to as "Grantor"), does hereby bargain,sell, transfer, assign, and convey 100.0000%of Grantor's interests in all oil, gas, mineral, royalty, overridingroyalty, net profits, and other similar interests in the lands of Irion County, TX as described in Exhibit "A"unto the following Grantee(s), its/their successors and assigns:

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

This conveyance is effective as of June 1,2019 and includes all executive rights, bonuses, and delay rentalsapplicable to Grantor's interest conveyed herein.Grantor agrees to pay any ad valorem taxes due on the interests herein conveyed prior to effective date. Allad valorem taxes attributable to the interests herein conveyed for after the effective date are theresponsibility of Grantee(s), its/their successors or assigns.Grantor warrants and agrees to defend the title to the interest herein conveyed against the lawful claims anddemands of all parties claiming or to claim the same, or any part thereof, by, through or under Grantor, butnot otherwise.

State of_.!..,_DA:....:....___ §§

§

The Estate of Ralph W. Miller

By: ~~~~q£(_Clint M. MillerExecutorCounty of IAt-"V'.n5'l1

This instrument was acknowledged before me on ..june_ <;S-Miller.

"'c-o-m-m-o-nw-ea-Ith-o-f-p-en-n-SY-IV-an-;a---No-t-ary-s.-.-'111J,0tarySignature: ~ ~ D-Su cn__9{PeggyA. Sioad.NotaryPublic H

Lancaster County ,I A C( _IMycommissionexpiresMay15. 2022 .otary Name: ' .LSe=,43",¥C::TJ..I\,(~~It=_l._---,0._::u..LroA...d"":U'\I!<:..l._COmmllllonnumb.,1189806 +r=r

__ "20_l2_ by Clint M.

(notary seal here) My Commission Expires: O'"\~ 15 ,::;)0(7 d--

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

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

ID: 1080 Page I of 2

Legal DescriptionThird Tract 3,014 acres of land situated in Irion County, Texas and described as follows: Abstract CertificateSurvey Grantee acres 537 1 1 San Antonio CityA. D. Co. 640 538 3 3 San Antonio City A.D. Co. 640539 4 5 San Antonio CityA. D. Co. 64094 5241160 Greenlief Fisk 674271 3313141 81 H. & T. C. Ry. Co. Block 1 420 being all of said Sur. 81 that lies South ofthe K.C.M. & O.Railway right of way. Emeric F Survey, Abstract 4.

EXHIBIT "A"

END OF EXHIBIT "A"

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

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

FILED - IRIONCOUNTY, TEXAS - No. 20190003178HonorableShirleyGraham-Miles,IrionCountyCieri<Filed0611 0191116 A.M.Vol0262p.0261

STATE OF TEXAS COUNTYOF IRIONI hereby certify that this instrument was FILEDon the dateand at the time the stamped hereon by me and was dulyRECORDED in the Official Public Records o~lrio County,Texas.Honorable Shirley Graham-Miles, IrionC ~Ierly,lf /?

.' ;.u.(..{'$ Deputy,

10: 1080 Page 2 of 2

irion tx - canyon - clear fork 3100 producing royalties...operator nov-2018 dec-2018 jan-2019...

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