Oak Tree Minerals, LLC Shelton Davis Sand Package Single Producing Royalty Interest Well Grayson County, Texas 1

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1 Oak Tree Minerals, LLC Shelton Davis Sand Package Single Producing Royalty Interest Well Grayson County, Texas 1

2 Shelton Davis Sand Package The assets within this package reside within the Davis Sand Formation within Grayson County, Texas. The Shelton 2H well is the first well to be drilled as part of the Shelton Unit in Grayson County. The Davis Sand is a subsection of the Atoka sands which extend into northern Texas from Southern Oklahoma. This is a shallow zone and shares many characteristics with the Barnett shale, implying that it has the potential to bear large quantities of natural gas. Package Details: Single producing well o 1 horizontal o Royalty Interest Location o Grayson County, Texas o Formation Davis Sand Production Breakdown o 100% oil o 0% gas o 0% NGL Cash Flow o $42 per month over the past 5 months Operator o Bend Petroleum Corp (assets paid by Enterprise Crude Oil) 2

3 Table of Contents Shelton Davis Sand Package Document Sets Page Check Revenue Statement 4 Check Statements 6 Maps 9 Production Graph 13 Source Assignments 14 3

4 Oak Tree Minerals, LLC Check Revenue Statement 4

5 Check Revenue Statement Production Months Operator Apr-17 May-17 Jun-17 Aug-17 Sep-17 Average Enterprise Crude Oil, LLC $ $ $ $ $ $ Total $ $ $ $ $ $

6 Oak Tree Minerals, LLC Check Statements 6

7 r ENTERPRISECRUDEOllllC 210 PARKAVENUE,SUITE1500 OKLAHOMACITY,OK CHECKDATE 07/20/17 PAGE 1 OWNER: TAX 10: On file PRO PROPERTYNO PROPERTYNAME SHELTON2H 04/ / / REFERTO OWNER NUMBER WHEN WRITING GROSS VALUE DECIMAL INTEREST STATE TX COUNTY GRAYSON , , OQ RI , , RI , , R( OWNER OWNER GROSSVALUe STATETAX DEDUCTIONS OPEIJATOR BEND PETROLEUMCORP lirame 28.7it _...:t ,

8 ENTERPRISE CRUDE OllllC 210 PARK AVENUE, SUITE 1500 OKLAHOMA CITY, OK CHECK NO CHECK DATE 10/20/17 PAGE 1 OWNER: TAX 10: On file PRD * * REFERTO OWNER NUMBER WHEN WRITING * GROSS VALUE DECIMAL INTEREST OWNER GROSSVALUE PROPERTYNO PROPERTYNAME SHELTON2H STATE TX COUNTY GRAYSON OPERATOR BEND PETROLEUMCORP NAME 08/ , , / , , TOTAL OFTHISCHECK YEARTO DATE 26, ~~ ~ 8

9 Oak Tree Minerals, LLC Maps 9

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13 10,000 Summary page selections (Monthly Production) 1,000 1,000 5, , Jan 76 Jan 77 Jan 78 Jan 79 Jan 80 Jan 81 Jan 82 Jan 83 Jan 84 Jan 85 Jan 86 Jan 87 Jan 88 Jan 89 Jan 90 Liquid (Bbls) Gas (MCF) Well Count Jan 91 Jan 92 Jan 93 Jan 94 Jan 95 Jan 96 Jan 97 Jan 98 Jan 99 Jan 00 Jan 01 Jan 02 Jan 03 Jan 04 Jan 05 Jan 06 Jan 07 Jan 08 Jan 09 Jan 10 Jan 11 Jan 12 Jan 13 Jan 14 Jan 15 Jan 16 Jan Date Liquid (bbls) Gas (MCF) Wells Liquid (bbls): Current Cum: 89,694 Total: 89,694 Gas (MCF): Current Cum: 69 Total: Drillinginfo

14 Oak Tree Minerals, LLC Source Assignments 14

15 OI~ GAS, MINERAL AND ROYALTY CONVEYANCE 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 1000% of Grantor's interests in all oil, gas, mineral, royalty, overriding royalty, net profits, and other similar interests in the lands of Grayson 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 November 1,2017 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 County of This instrument was acknowledged before me on this VJ{h day ofgrjjem&r: by:, 20 _,_1_1,---_ 15

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17 Legal Description All that land lying in the Antonio Hernandez EXHIBIT Survey, Abstract 488 described in that certain Warranty Deed dated February 11, 1976 and recorded at Volume 1334, Page 635 in land records of Grayson County, Texas, described by metes and bounds as follows; SITUATED IN GRAYSON COUNTY, TEXAS, about 2 miles N.W. of the town of Dorchester, containing 256 acres of land, more or less, and consisting of the following Surveys and parts of surveys, to-wit: BEING part of the Survey patented to B. F. Hall, Assignee of Antonio Hernandez by Patent No. 73, Vol. 19, dated September 3,1872, Abstract No. 488 and being a part of what is known as the Morman Grove Section, described by metes and bounds as follows: BEGINNING at the S.W. corner of said Morman Grove Section; THENCE East with South line of same 1022 varas to the SW corner of Lot # 1, set apart to Dora H. Odneal in the partition of said Section as appears of record, Vol. 23, page 239 Deed Records of Grayson County, Texas; THENCE North 895 varas to the S.W. corner of Lot #3 set apart to W.L. Hay in said partition, same being the South line of a 200 acre tract conveyed by W.L. Hay and wife, to T.L. Taylor by deed recorded Vol. 218, page 577 Deed Records, Grayson County, Texas; "A" THENCE West with South line of said 200 acre tract sold to Taylor 483 varas to the S.W. corner; THENCE North with Taylors West line 1035 varas to a stake in the North line of Morman Grove Section in the A. Hernandez survey: THENCE West with the North line of said survey 559 varas to the N.E corner of said Morman Grove Section, same being the N. W corner of Lot# 6 set apart to A.D. Hay in said partition proceedings; THENCE South with the West line of said Morman Grove Section 1930 varas to the S.W. corner and place of beginning, containing in all 256 acres of land, more or less as described in the original deed however, a recent survey calculates this tract at acres. END OF EXHIBIT "A" Return To: OAK TREE MINERALS, LLC Network Boulevard, Suite 404 Frisco, TX Page 2 of 2 17

18 Grayson County Wilma Bush County Clerk * Instrument Number: Real Property Recordings Recorded On: November 15, :28 AM Number of Pages: 3 Parties: BOHANNON JOAHANNA SHELTON II Examined and Charged as Follows: II Total Recording: $2 *********** THIS PAGE IS PART OF THE INSTRUMENT *********** Any provision herein which restricts the Sale, Rental or use of the described REAL PROPERTY because of color or race is invalid and unenforceable under federal law. File Information: Document Number: Receipt Number: Recorded DatelTime: November 15, :28 AM User: Josh M Station: CLERK06 Record and Return To: OAK TREE MINERALS LLC 2601 NETWORK BOULEVARD STE 404 FRISCO TX STATE OF TEXAS COUNTY OF GRAYSON I hereby certify that this Instrument was FILED In the File Number sequence on the date/time printed hereon, and was duly RECORDED in the Official Records of Grayson County, Texas. Wilma Bush County Clerk Grayson County, TX 18

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