LEON TX - BOSSIER - WOODBINE Producing Royalties
5 Producing Override Royalty Interest Wells
Located in LEON (TX)
2601 Network Boulevard ~ Suite 404 ~ Frisco, Texas 75034
Phone: (866) 454-6107 | Fax: (214) 975-2526 | Email: [email protected]
WWW.OAKTREEMINERALS.COM
LEON TX - BOSSIER - WOODBINE Producing Royalties
Property Summary
The assets in this package are located in the Bossier and Woodbine formations within LeonCounty, Texas.There have been 7 permits to drill in Leon County over the past 6 months,including one in the Woodbine formation about a mile north of the assets in this package.Operator Covey Park Energy primarily pursues low risk development opportunities andimproving existing operations through ongoing technological advances.
• 5 Producing Wells
• 4 Horizontal
• Override Royalty Interest
Package Details
• LEON (TX)
• Formation(s)
• 82.21% - Oil
• $51.18 Per Month
• Cash Flow Represents 100.00% of Check Statements
• 1 Vertical
Location
• BOSSIER, WOODBINE
Production Breakdown
• 17.79% - Gas
• 0.00% - NGL
Cash Flow
• COVEY PARK OPERATING LLC
Operator(s)
Package Contents
LEON TX - BOSSIER - WOODBINE Producing Royalties
Check Revenue Statement
Check Statements
Maps
Production Graph
Source Assignments
Check Revenue Statement
LEON TX - BOSSIER - WOODBINE Producing Royalties
Operator Sep-2017 Oct-2017 Nov-2017 Dec-2017
LEON TX - BOSSIER - WOODBINE Producing Royalties
Check Revenue Statement
Average
Production Months By Product
COVEY PARK OPERATING LLC
$43.73 $41.37 $40.33 $42.85 $42.07OIL
$11.13 $13.44 $8.19 $3.66 $9.11GAS
NGL
$54.86 $54.81 $48.52 $46.51 $51.18Package Totals:
* Note: Blank boxes indicate no revenue data available for that month
Check Statements
LEON TX - BOSSIER - WOODBINE Producing Royalties
Covey Park Operating LLC8401 NORTHCENTRALEXPRESSWAYSTE 700DALLAS,TX 75225TOLL FREEOWNERLINE:[email protected] Page10f1
OWNER NAME
46.54
OWNERNUMBER. CHECKDATE CHECKNUMBER AMOUNT
02/20/2018 90442
I P ISALE I R IMO YRI D I
I PROPERlY NAME I ST I COUNTY I OPERATOR NAME1-------------------------------------------------------------------------------------------------------------------------------------
I I I I I I I I I OWNER I I OWNER I I I OWNERBBL/ I BTU/ I I GROSS I GROSS I GROSS I NET I DECIMAL IINTI GROSS ITAX I STATE IDEO I I NETMCF I GRAV I PRICE I VALUE I TAXES I DEDUCTS I VALUE I INTEREST IlYpl VALUE ICODE I TAX I CODE IDEDUCTIONS I VALUE
PROPERlY #
64804 GRESIW! JOHN UNIT 018 TX LEON12/17 0 540.21 57.62 31126.18 3.38
1431.8067134 GRESIW! JOHN UNIT 028 TX LEON12117 0 540.21 57.62 31126.18 3.38
1431.8063730 GRESHAM TRUST 018 TX LEON12/17 0 344.05 57.62 19823.88 2.15
911. 9054368 GRESIW! TRUST 03 TX LEON12/17 G 1021.27 2.46 2511. 98 0.68 9.54
81. 7058596 GRESIW! TRUST UNIT A 01 TX LEON12117 G 2450.65 2.46 6027.77 1.63 22.89
196.05
Total revenues 90,615.99 3,786.12 310.18
Year to dateTax and deduction codes:ENV Environmental Requlatory FeeTRT Treatinq
Total of this check
SEV Severance Tax
Covey ParkOperating LLC8401 NORTH CENTRAL EXPRESSWAY STE 700
DALLAS, TX 75225TOll FREE OWNER LINE: [email protected]
~~ $46do1s54ctsForty-Six dollars and 54 cents
TOTHEORDEROF
COVEY PARK OPERATING LLC29691. 00 0.00050406 OR 15.69 ENV 0.00 14.97
SEV 0.72COVEY PARK OPERATING LLC
29691. 00 0.00050406 OR 15.69 ENV 0.00 14.97SEV 0.72
COVEY PARK OPERATING LLC18909.83 0.00068378 OR 13.56 ENV 0.00 12.94
SEV 0.62COVEY PARK OPERATING LLC
2420.06 0.00068378 OR 1.72 ENV 0.00 FLE 0.01 1.65TRT 0.06
COVEY PARK OPERATING LLC5807.20 0.00034650 OR 2.09 ENV 0.00 FLE 0.01 2.01
TIlT 0.0786,519.09 48.75 2.06 0.15 46.54
99.61 4.00 0.409 95.12
FLE FUEL
46.54
Wells Fargo Bank, NA ~ CHECKNo.41290442
VOID AFTER 90 DAYS
CHECKNUMBER CHECK DATE PAYEXACTLY
90442 02/20/201. $46.54
Covey Park Operating LLC8401 NORTHCENTRALEXPRESSWAYSTE 700DALLAS,TX 75225TOLL FREEOWNERLINE: [email protected] Page10f1
OWNERNUMBER OWNERNAME
89&76
CHECK NUMBER AMOUNTCHECK DATE
41.5801/20/2018
I P ISALE I R IMO YRI D I
I PROPERTY NAME I ST I COUNTY I OPERATOR NAME1-------------------------------------------------------------------------------------------------------------------------------------I I I I I I I I I OWNER I I OWNER I I I OWNER
SSL/ I BTU/ I I GROSS I GRDSS I GROSS I NET I DECIMAL IINTI GROSS ITAX I STATE I DED I I NETMCF I GRAV I PRICE I VALUE I TAXES I DEDUCTS I VALUE I INTEREST ITYpl VALUE ICODE I TAX I CODE IDEDUCTIONS I VALUE
PROPERTY #
64804 GRESHAM JOHN UNIT OlH TX LEON11/17 0 627.47 55.98 35124.91 3.92
1615.7567134 GRESHAM JOHN UNIT 02H TX LEON11/17 0 627.47 55.98 35124.92 3.92
1615.7563730 GRESHAM TRUST OlH TX LEON11/17 0 IBO.13 55.98 10083.51 1.13
463. B454368 GRESHAM TRUST 03 TX LEON11/17 G 2090.05 2.18 4561. 05 1.39 19.53
167.2058596 GRESHAM TRUST UNIT A 01 TX LEON11/17 G 7175.19 2.1B 1565B.17 4.79 67.03
574.01
Total revenues 100,552.56 3,710.49 B27.77
Year to dateTax and deduction codes:ENV Environmental Regulatory FeeTRT Treatinq
Total of this check
SEV SeveranceTax
Covey ParkOperating LLC8401 NORTHCENTRAL EXPRESSWAYSTE 700
DALLAS,TX 75225TOLL FREEOWNER LINE: [email protected]
PAYEXACTLY $ 48dols58ctsForty-Eiqht dollars and 58 cents
TOTHEORDEROF
COVEY PARK OPERATING LLC33505.24 0.00050406 OR 17.71 ENV 0.00 16.90
SEV O.BlCOVEY PARK OPERATING LLC
33505.25 0.00050406 OR 17.71 ENV 0.00 16.90
SEV 0.81COVEY PARK OPERATING LLC
961B.54 0.00068378 OR 6.89 ENV 0.00 6.57
SEV 0.32COVEY PARK OPERATING LLC
4372.93 0.00068378 OR 3.12 ENV 0.00 FLE 0.01 3.00
TRT 0.11COVEY PARK OPERATING LLC
15012.34 0.00034650 OR 5.43 ENV 0.00 FLE 0.02 5.21
TRT 0.2096,014.30 50.86 1.94 0.14 48.5&
50.86 1.94 0.34 48.58
FLE FUEL
48.58
Wells Fargo Bank, NA. ~412 CHECK No.
89676
CHECK NUMBER
$48.58
CHECK DATE PAY EXACTLY
89676 01/20/2018
Covey Parle Operating LLC8401 NORTH CENTRAL EXPRESSWAY STE 700DALLAS, TX 75225TOLL FREE OWNER LINE: [email protected] Page1 of 1
OWNERNAME
88908
AMOUNTOWNERNUMBER.
PROPERTY #
CHECKDATE CHECKNUMBER
12/20/2017
I P ISALE I R IMO YRI D I
I PROPERTY NAME I ST I COUNTY I OPERATOR NAME1-------------------------------------------------------------------------------------------------------------------------------------
I I I I I I I I I OWNER I I OWNER I I I OWNERBBll I BTU/ I I GROSS I GROSS I GROSS I NET I DECIMAL I INTI GROSS ITAX I STATE I OED I I NETMCF I GRAV I PRICE I VALUE I TAXES I DEDUCTS I VALUE I INTEREST ITYPI VALUE ICODE I TAX I CODE IDEDUCTIONS I VALUE
64804 GRESlIAMJOHN UNIT OlH TX LEON10/17 0 621.05 49.52 30753.53 3.88
1414.6667134 GRESHAM JOHN UNIT 028 TX LEON10/17 0 621.05 49.52 30753.52 3.88
1414.6663730 GRESHAM TRUST 018 TX LEON10/17 0 365.82 49.52 18115.48 2.29
833.3154368 GRESlIAMTRUST 03 TX LEON10/17 G 3361.07 2.37 7956.49 2.24 31.39
268.8958596 GRESHAM TRUST UNIT A 01 TX LEON10/17 G 10416.21 2.37 24657.72 6.95 97.29
833.30Total revenues 112,236.74 3#681.81 1.230.87Year to date
Tax and deduction codes:ENV Environmental Regulatory Fee SEV Severance TaxTRT Treating
Total of this check
Covey ParkOperating LLC8401 NORTHCENTRAl EXPRESSWAYSTE 700
DALLAS,TX 75225TOLL FREEOWNERUNE: [email protected]
PAYEXAC11..Y $ 54dols86ctsFifty-Four dollars and 86 cents
TOTHEORDEROF
COVEY PARK OPERATING LLC29334.99 0.00050406 OR 15.50 ENV 0.00 14.79
SEV 0.71COVEY PARK OPERATING LLC
29334.98 0.00050406 OR 15.50 £NV 0.00 14.79SEV 0.11
COVEY PARK OPERATING LLC17279.88 0.00068378 OR 12.39 ENV 0.00 11.82
SEV 0.57COVEY PARK OPERATING LLC
7653.97 0.00068378 OR 5.44 ENV 0.00 FLE 0.02 5.24TRT 0.18
COVEY PARK OPERATING LLC23720.18 0.00034650 OR 8.54 £NV 0.00 FLE 0.03 8.22
TRT 0.29107.324.00 57.31 1.99 0.52 54.86
613.36 21. 91 1.32 6<44.13
FLE FUEL
54.86
Wells Fargo Bank, N.A. li§:ill. CHECK No.41288908
VOIDAFTER 90 DAYS
CHECKNUMBER CHECKDATE PAYEXACTLY
889GB 12/20/2017 $54.86
Covey Park Operating LLC8401 NORTH CENTRAL EXPRESSWAY STE 700DALLAS, TX 75225TOLL FREE OWNER LINE: [email protected] Page10f1
11/20/2017
CHECKNUMBER
881'2 54.87
OWNERNUMBER OWNERNAME CHECKDATE AMOUNT
I P ISALE I R INO YRI D I
I PROPERTYNAME I ST I COUNTY I OPERATORNAME1-------------------------------------------------------------------------------------------------------------------------------------I I I I I I I I I OWNER I I OWNER I I I OWNER
BBl/ I BTU/ I I GROSS I GROSS I GROSS I NET I DECIMAL IINTI GROSS ITAX I STATE I OED I I NETMCF I GRAVI PRICEI VALUE I TAXES I DeDUCTSI VALUE I INTERESTITYPI VALUE ICODEI TAX I CODeIDEDUCTIONSI VALUE
PROPERTY,
-----------------------------------------------------------------------------------------------------------------------------------------------------
Wells Fargo Bank, NA. ~ CHECKNo.41288192
VOIDAFTER90 DAYS
CHECKNUMBER CHECKDATE PAYEXACTLY
88192 11/20/2017 $54.87
64804 GRESHAM JOHN UNIT 01H TX LEON COVEY PARK OPERATING LLC09/17 0 626.16 45.95 28774.55 3.91 27447.01 0.00050406 OR 14.50 ENV 0.00
1323.63 SEV 0.61
61134 GRESHAM JOHN UNIT 02K TX LEON COVEY PARK OPERATING LLC09/17 0 626.16 45.95 28774.57 3.91 27447.03 0.00050406 OR 14.50 ENV 0.00
1323.63 SEV 0.67
63730 GRESHAM TRUST 01H TX LEON COVEY PARK OPERATING LLC09/17 0 536.37 45.95 24648.54 3.35 23511. 36 0.00068378 OR 16.85 ENV 0.00
1133.83 SEV 0.78
54368 GRESHAM TRUST 03 TX LEON COVEY PARK OPERATING LLC09/17 G 2599.03 2.38 6116.57 1. 73 24.28 5942.64 0.00068378 OR 4.22 ENV 0.00
207.9258596 GRESHAM TRUST UNIT A 01 TX LEON COVEY PARK OPERATING LLC09/17 G 8934.10 2.38 2123!. 83 5.96 83.44 20427.70 0.00034650 OR 7.36 ENV 0.00
714.73
Total revenues 109,606.06 3.199.95 1.030.37 104,115.74 57.43 2.12
Year to date 61S.99 19.92
Tax and deduction codes:tNV Environmental Regulatory FeeTRT Treating
Total of this check
SEV SeveranceTax FLE FUEL
Covey ParkOperating LLC8401 NORTHCENTRAL EXPRESSWAYSTE 700
DALLAS, TX 75225TOLL FREEOWNER LINE: [email protected]
PAYEXACTlY $ 54dols87ctsFifty-Four dollars and 87 cents
13.83
13.83
16.07
FLE 0.02 4.06
Tll.T 0.14
FLE 0.03 7.08
TRT 0.250.44 54.8'7
6.80 589.27
54.87
TO
ORDEROF
Maps
LEON TX - BOSSIER - WOODBINE Producing Royalties
Production Graph
LEON TX - BOSSIER - WOODBINE Producing Royalties
Summary page selections(Monthly Production)
Liquid (bbls): Current Cum: 247,426 Total: 247,426Gas (MCF): Current Cum: 4,548,312 Total: 4,548,312
Liquid (bbls) Gas (MCF) Wells
Date
Jan
17
Jan
16
Jan
15
Jan
14
Jan
13
Jan
12
Jan
11
Liq
uid
(B
bls
)
100
500
1,000
5,000
10,000
50,000
100,000
Ga
s (MC
F)
1,000
5,000
10,000
50,000
100,000
500,000
1,000,000
We
ll Co
un
t
0 1
5
10
50
100
500
1,000
© 2018 Drillinginfo
Source Assignments
LEON TX - BOSSIER - WOODBINE Producing Royalties