UNIVERSITY 31

Oil · District 10 · Lease #46863

Operator: RING ENERGY, INC.

Cum Oil

826k BBL

Cum Gas

0 MCF

Wells

3

Production

2015-05 — 2026-03

Peak Month

2020-08

Production History

Cum Oil: 825,769 BBL Cum Gas: 0 MCF

Decline Curve Analysis

qi

21,309 BBL/mo

Di (annual)

53.1%

b-factor

0.0

EUR

481,830 BBL

R-squared

0.934

type

exponential

Wells (3)

WELL#APIOPERATORPERMITSDEPTHLAST_ISSUED
3HLIME ROCK RESOURCES IV-A, L.P.219,0002018-09-30
6HLIME ROCK RESOURCES IV-A, L.P.321,0002018-09-30
1HGREYSTONE OIL & GAS, LLP210,6002014-10-28
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