Oak Tree Minerals, LLC. Betts Travis Peak Package 2 Producing Royalty Interest Wells Leon County, Texas

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Nicholas Black
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1 Oak Tree Minerals, LLC Betts Travis Peak Package 2 Producing Royalty Interest Wells Leon County, Texas

2 Betts Travis Peak Package The wells in this package are in the Travis Peak formation, located in Leon County, Texas. The Travis Peak formation is located in eastern Texas and extends into southern Arkansas and northern Louisiana and Mississippi. It is a large reservoir of natural gas within low permeability sandstones, and is generally classified as a tight gas play. Operators in the Travis Peak typically develop other tight gas plays in the area, such as the Haynesville or Cotton Valley plays. The past 6 months have seen 9 new permits to drill in Nacogdoches County, with two active rigs just south of the subject acreage. While most development in the county has centered around the Haynesville recently, the Travis Peak has seen development by operator of the subject well Tanos Exploration II, just a couple of miles northeast. Package Details: 2 producing wells o 2 vertical o Royalty Interest Location o Leon County, Texas o Formation Travis Peak Production Breakdown o 17% oil o 83% gas o 0% NGL Cash Flow o $58 per month over the past 3 months Operator o BRG Energy Inc.

3 Table of Contents Betts Travis Peak Package Document Sets Page Check Revenue Statement 4 Check Statements 6 Maps 10 Production Graph 14 Source Assignments 15

4 Oak Tree Minerals, LLC Check Revenue Statement

5 Check Revenue Statement Production Months Operator Aug-17 Sep-17 Oct-17 Average BRG Energy Inc $ $ $ $ Total $ $ $ $ 57.59

6 Oak Tree Minerals, LLC Check Statements

7 BRG ENERGY INC 7134S YALE SUITE600, TULSA,OK B/ PRODTP BTU UNIT OWNER SETTLT /8INFORMATION OWNERSHARE---- DATEIC FACT PRICE 001 DOl VOLUME PRODIWPTOTHCHGS NET GROSS PROOIWPT NET T T Prop: BETTSGU# RG Loc: T B HEARNSURVEYA-3S1 1, Cnty: LEON StTX LESSCMP\GTH\DY August 2017GasTotal 4.14 Property Total 4.14 Prop: BETTS GU# RO RG Loc: , , , Cnty: LEON August Total 44, LESSCMP\GTH\OY StTX August 2017GasTotal Property Total SlateTolals: TX

8 BRG ENERGY INC 7134S YALE SUITE600,TULSA,OK ' PRODTP BTU UNIT OWNER DATEIC FACT PRICE 001 SETTLT B/81NFORMATION OWNERSHARE---- DOl VOLUME PRODIWPTOTHCHGS NET GROSS PRODIWPT NET T T Prop: BETTSGU# RG Prop: BETTSGU # RO RG Lac: T B HEARNSURVEYA-3S1 1, Loc: ,B , , Cnty: LEON LESSCMP\GTH\DY September 2017Gas Total Property Total , Cnty: LEON September 2017Oil Total LESSCMP\GTH\DY September 2017Gas Total Property Total StTX St:TX B Siale Totals: TX 65,

9 BRG ENERGY INC 7134S YALE SUITE600,TULSA, OK PRODTP BTU UNIT OWNER SETTLT B/BINFORMATION OWNERSHARE---- T DATEIC FACT PRICE 001 DOl VOLUME PRODIWPTOTHCHGS NET GROSS PRODIWPT NET T Prop: BETTSGU# RG Lac: T B HEARNSURVEYA-3S1 1, , Cnty: LEON LESSCMP\GTH\DY October 2017GasTotal Property Total StTX Prop: BETTSGU# RO RG Loc: , , , , Cnty: LEON October 2017Oil Total 49, LESSCMP\GTH\DY October 2017Gas Total Property Total SI: TX Siale Tolals: TX 62,

10 Oak Tree Minerals, LLC Maps

14 1,000 Summary page selections (Monthly Production) 100,000 1, , , , Liquid (Bbls) Gas (MCF) Well Count 10 1, Jan 11 Jan 12 Jan 13 Jan 14 Jan 15 Jan 16 Jan Date Liquid (bbls) Gas (MCF) Wells Liquid (bbls): Current Cum: 27,959 Total: 27,959 Gas (MCF): Current Cum: 2,001,382 Total: 2,001, Drillinginfo

15 Oak Tree Minerals, LLC Source Assignments

16 OIh GAS, MINERAL AND ROYALTY CONVEYANCE Do( Bk Vo -~ p.?; OR For valuable consideration, the receipt of which is acknowledged,, whose address is (hereinafter referred to as "Grantor"), does hereby bargain, sell, transfer, assign, and convey % of Grantor's interests in all oil, gas, mineral, royalty, overriding royalty, net profits, and other similar interests in the lands of Leon County, TX as described in Exhibit "A" unto the following Grantee(s), its/their successors and assigns: Oak Tree Minerals, LLC 2601 Network Blvd. Suite 404 Frisco, TX This conveyance is effective as of January 1,2018 and includes all executive rights, bonuses, and delay rentals applicable to Grantor's interest conveyed herein. Grantor agrees to pay any ad valorem taxes due on the interests herein conveyed prior to effective date. All ad valorem taxes attributable to the interests herein conveyed for after the effective date are the responsibility of Grantee(s), its/their successors or assigns. Grantor warrants and agrees to defend the title to the interest herein conveyed against the lawful claims and demands of all parties claiming or to claim the same, or any part thereof, by, through or under Grantor, but not otherwise. -- State of \ero.s County of Co \\ ;" This instrument was acknowledged before me on this by: \ ~th.day of :bn~,20 _._lczv.--- (Name of Person Signing). Notary Signature:1..,I1f.,F;:..lIJl.J"..lIL.Jl.~-:-"-_=---;----- (notary seal here) Notary Name:.y'+L-~u.;;a.~~----1o!:.=:.._: :_.t_.:...;=~'---t--,- My Commission Expires: Je'o 2, LDZCJ Return To: OAK TREE MINERALS, LLC Network Boulevard, Suite 404 Frisco, TX Page 1 of 2

17 j)d'~ Bk (11)/,26[39 OR VDl F's "i7i8 219 EXHIBIT "A" Legal Description 8.35 acres, more or less, out of the M. E. HENDRICK SURVEY, A-1026, Leon County, Texas, called 7.0 acres, and being that portion of a 46.0 acre tract out of the M. E. Hendrick Survey, A-1026, the George H. Gordon Survey, A- 326, and the James W. Dodson Survey, A-238 that is located in the M. E. Hendrick Survey, A-1026, said 46.0 acre tract being the same land described as second Tract in a deed from Wilson T. Betts, Individually and as Independent Executor of the Estate of Mamie T. Betts, deceased et al to William J. Kocurek, dated November 5,1962, and recorded in Volume 296, Page 702 of the Deed Records of Leon County, Texas acres of land described in five tracts as follows: FIRST TRACT: acres of land. more or less, a part of the Wm. McIntyre Survey. A-538, Leon County, Texas, being that part of Lot 6 lying north of Highway No. 79, and being the same land described in a deed from KM. Baskin and wife. Inez Baskin to W. A Kocurek and wife, Della M. Kocurek dated September , and recorded in Volume 282, Page 468 of the Deed Records of Leon County, Texas. SECOND TRACT: acres of land, more or less, a part of the Wm. McIntyre Survey, A-538, Leon County, Texas, being that part of Lot 6 lying south of Highway No. 79, and being the same land described as the "Second Tract" In a deed from K M. Baskin and wife, Inaz Baskin to William J. Kocurek and wife, Mary Jane Kocurek dated November7, 1961, and recorded in Volume 283, Page 258 of the Deed Records of Leon County, Texas. THIRD TRACT: acres, more or less, out of the James W. Dodson Survey, A-238, Leon County, Texas, called 40.0 acres, and being that portion of a 46.0 acre tract out of the M. E. Hendrick Survey, A-1026, the George H. Gordon Survey, A-326, and the James W. Dodson Survey, A-238 that is located In the James W. Dodson Survey, A-238, said 46.0 acre tract being the same land described as Second Tract in a deed from Wilson T. Betts, Individually and as Independent Executor of the Estate of Mamie T. Betts, deceased et al to William J. Kocurek, dated November 5, 1962, and recorded In Volume 296, Page 702 of the Deed Records of Leon County, Texas. FOUTH Tract: 1.09 acres, more or less, out of the George H. Gordon Survey, A-326, Leon County, Texas, and being that portion of a 46.0 acre tract out of the M. E. Hendrick Survey, A-1026, the George H. Gordon Survey, A-326, and the James W. Dodson Survey, A-238 that is located in the George H. Gordon Survey, A-326, said 46.0 acre tract being the same land described as Second Tract in a deed from Wilson T. Betts, Individually and as Independent Executor of the Estate of Mamie T. Betts, deceased et al to William J. Kocurek, dated November 5,1962, and recorded In Volume 296, Page 702 of the Deed Records of Leon County. Texas. FIFTH TRACT: acres of land, more or less, in Leon County, Texas, a part of the Thomas B. Hearn Survey, A-351, being the same land described in that certain Contract of Sale and Purchase from The Veterans' Land Board of the State of Texas to William J. Kocurek, dated November 26,1962, and recorded in Volume 297, Page 40 of the Deed Records of Leon County, Texas. END OF EXHIBIT "A" OAK TREE MINERALS, LLC Network Boulevard, Suite 404 Frisco, TX Page 2 of 2

18 ~ Doc Bk 01) OR Vol 1718 pg ,. "-"-";;'c I'D :::r~ 0...,;::1 ;::I _. n~~ o _....'O ~ """:IC... i.e ". 00 "....'0... '

COLORADO TX Producing Royalties

COLORADO TX Producing Royalties COLORADO TX - 8950 Producing Royalties 1 Producing Royalty Interest Wells Located in COLORADO (TX) Phone: (866) 454-6107 Fax: (214) 975-2526 Email: info@oaktreeminerals.com 2601 Network Boulevard ~ Suite