FREEMAN -B-

Oil · District 8 · Lease #25773

Operator: SMITH PIPE OF ABILENE

Cum Oil

5k BBL

Cum Gas

0 MCF

Wells

3

Production

1993-01 — 2008-01

Peak Month

2003-06

Production History

Cum Oil: 4,869 BBL Cum Gas: 0 MCF

Decline Curve Analysis

qi

286 BBL/mo

Di (annual)

275.4%

b-factor

0.0

EUR

1,250 BBL

R-squared

0.837

type

exponential

Wells (3)

WELL#APIOPERATORPERMITSDEPTHLAST_ISSUED
1AGRAY OPERATING COMPANY, INC.34,7331997-10-29
142-399-00674--------
242-399-00677--------
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