BLACK RANCH "C"

Oil · District 8 · Lease #27287

Operator: WHEAT, BUCK RESOURCES, INC.

Cum Oil

64k BBL

Cum Gas

0 MCF

Wells

5

Production

1994-09 — 1999-07

Peak Month

1995-09

Production History

Cum Oil: 64,015 BBL Cum Gas: 0 MCF

Decline Curve Analysis

qi

1,683 BBL/mo

Di (annual)

51.5%

b-factor

1.8

EUR

223,210 BBL

R-squared

0.768

type

hyperbolic

Wells (5)

WELL#APIOPERATORPERMITSDEPTHLAST_ISSUED
5STATEX PETROLEUM INC.13,4001996-06-24
4WHEAT, BUCK RESOURCES, INC.13,5001995-08-18
3WHEAT, BUCK RESOURCES, INC.13,5001995-06-08
2WHEAT, BUCK RESOURCES, INC.13,5001994-10-17
1WHEAT, BUCK RESOURCES, INC.13,5001994-08-26
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