UNIVERSITY -3-

Oil · District 10 · Lease #21310

Operator: MERIDIAN OIL INC.

Cum Oil

351k BBL

Cum Gas

0 MCF

Wells

8

Production

1993-01 — 2002-07

Peak Month

1994-10

Production History

Cum Oil: 350,596 BBL Cum Gas: 0 MCF

Decline Curve Analysis

qi

6,056 BBL/mo

Di (annual)

22.9%

b-factor

0.8

EUR

698,501 BBL

R-squared

0.908

type

hyperbolic

Wells (8)

WELL#APIOPERATORPERMITSDEPTHLAST_ISSUED
1UNION TEXAS PETROLEUM CORP.27,7001994-07-26
8MERIDIAN OIL INC.18,3001994-05-18
7MERIDIAN OIL INC.18,3001994-05-11
6MERIDIAN OIL INC.18,3001994-05-03
4UNION TEXAS PETROLEUM CORP.28,1001990-06-05
5UNION TEXAS PETROLEUM CORP.18,0501990-04-04
3UNION TEXAS PETROLEUM CORP.28,1001990-01-24
2UNION TEXAS PETROLEUM CORP.49,5001989-02-14
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