DIMMIT TX - EAGLEFORD Producing Royalties

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Ernest Tobias Robertson
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1 DIMMIT TX - EAGLEFORD Producing Royalties 7 Producing Royalty Interest Wells Located in DIMMIT (TX) Phone: (866) Fax: (214) info@oaktreeminerals.com 2601 Network Boulevard ~ Suite 404 ~ Frisco, Texas

2 DIMMIT TX - EAGLEFORD Producing Royalties Property Summary The assets in this package are located in the Austin Chalk and Eagle Ford Shale formations within Dimmit County, Texas.The Eagle Ford needs little introduction, being the largest oil and gas development in the world based on capital invested. The formation has redefined South Texas as a hotspot in the oil and gas industry with the formation supporting 116,000 local jobs and contributing $60 billion to the local economy. Dimmit County comprises the most active portion of the Eagle Ford today, with over 250 permits to drill and 17 active rigs operating in the county over the past 6 months. The Austin Chalk formation is particularly known for the Giddings field, a large oil field that extends through a large portion of south Texas and that is characterized by its low permeability. The advent of fracking has expanded the productivity of this formation recently, as it has become a popular alternative to developing acreage in the Eagle Ford. Package Details 7 Producing Wells 7 Horizontal 0 Vertical Royalty Interest Location DIMMIT (TX) Formation(s) EAGLEFORD Production Breakdown 92.46% - Oil 2.76% - Gas 4.77% - NGL Cash Flow $26.61 Per Month Cash Flow Represents % of Check Statements Operator(s) CHESAPEAKE OPERATING, LLC

3 DIMMIT TX - EAGLEFORD Producing Royalties Package Contents Check Revenue Statement Check Statements Maps Production Graph Source Assignments

4 DIMMIT TX - EAGLEFORD Producing Royalties Check Revenue Statement

5 DIMMIT TX - EAGLEFORD Producing Royalties Check Revenue Statement Production Months Operator Jun-2018 Jul-2018 Aug-2018 Sep-2018 Average CHESAPEAKE OPERATING, LLC $21.53 $31.01 $27.99 $25.89 $26.61 * Cash flow reflects the sale of % of the assets shown on the check statements paid by CHESAPEAKE OPERATING, LLC in this package. Package Totals: $21.53 $31.01 $27.99 $25.89 $26.61 * Note: Blank boxes indicate no revenue data available for that month

6 DIMMIT TX - EAGLEFORD Producing Royalties Check Statements

18 DIMMIT TX - EAGLEFORD Producing Royalties Maps

22 DIMMIT TX - EAGLEFORD Producing Royalties Production Graph

23 Joseph Dickeson - EvalID: 674 Check Revenue Statement Production Months By Product Operator Jun-2018 Jul-2018 Aug-2018 Sep-2018 Average CHESAPEAKE OPERATING, LLC OIL GAS NGL Package Totals: $19.75 $29.22 $25.92 $23.51 $24.60 $0.61 $0.76 $0.79 $0.78 $0.74 $1.17 $1.03 $1.28 $1.60 $1.27 $21.53 $31.01 $27.99 $25.89 $26.61 * Note: Blank boxes indicate no revenue data available for that month

24 DIMMIT TX - EAGLEFORD Producing Royalties Source Assignments

25 ,. l"i"'t.._, ~'i...,. 1> '0A~:PJ)' ~q'l-'.r_~_" filed FD!1 REC01ID DIMMIT COUNTY, TEXAS Jan 08, 2019 at 04:2UlO PM OIL GAS. MINERAL AND ROYALTY CONVEYANCE For valuable consideration, the receipt of which is acknowledged, Joseph Adam Dickeson, whose address is 6205 KY Hwy 16, Warsaw, KY (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 ofdimmit 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 December 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. v o L o p State of.(, County of alufl fib ()/J e e on this do day of j)~~"''(20 JL by: ~~~~ ~ ~~~~~~ ~ (N o o 8 2 My Commission Expires: --t'9'--~...!./_'-'2... J ch~w:zo,...-- RetumTo: OAK TREE MINERALS, LLC Network Boulevard, Suite 404 Frisco, TX Prepared By: Derik J. Todd Oak Tree Minerals, LLC. ID:878 Page 1 of 2

26 It is the Grantor's absolute intent to convey % percent of the overriding royalty interests, non-producing royalty interests, term royalty and mineral interests, fee mineral interests, and oil, gas, or other mineral royalty interests in the lands of Dimmit County, TX, whether properly described below or not. v o L EXHIBIT "A" Legal Description aaes of land more or less, situated in Dimmit and LaSalle Counties, Texas and being out of the Southwest comer of the J. Poitevent Survey No. 25, A-019 LaSalle County and A-1408 Dimmit County, Texas and being the same land described in that certain Wananty Deed dated November 10, 1951 from Otis Herman, et ai, to Ralph Watson, recorded in Volume 115, Page 172, Deed Records of lasalle County, Texas. END OF EXHIBIT "A" o RetumTo: OAK TREE MINERALS, LLC Network Boulevard, Suite 404 Frisco, TX Prepared By: Derik J. Todd Oak Tree Minerals, LLC. p G I) o is 3 ID:878 Page 2 of 2

LA SALLE TX - EAGLE FORD-1 Producing Royalties

LA SALLE TX - EAGLE FORD-1 Producing Royalties 5 Producing Royalty Interest Wells Located in LA SALLE (TX) Phone: (866) 454-6107 Fax: (214) 975-2526 Email: info@oaktreeminerals.com 2601 Network Boulevard