UNIVERSITY SOUTHERN MINERALS

Oil · District 10 · Lease #38363

Operator: SANDRIDGE EXPL. AND PROD., LLC

Cum Oil

54k BBL

Cum Gas

0 MCF

Wells

3

Production

2007-05 — 2011-03

Peak Month

2008-12

Production History

Cum Oil: 53,894 BBL Cum Gas: 0 MCF

Decline Curve Analysis

qi

5,619 BBL/mo

Di (annual)

186.3%

b-factor

0.3

EUR

51,649 BBL

R-squared

0.900

type

hyperbolic

Wells (3)

WELL#APIOPERATORPERMITSDEPTHLAST_ISSUED
7MINIHAN OIL & GAS CORPORATION27,6302008-09-16
9MINIHAN OIL & GAS CORPORATION27,8002008-09-11
8MINIHAN OIL & GAS LTD.27,8002006-10-11
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