LA SALLE TX - EAGLE FORD-1 Producing Royalties

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1 LA SALLE TX - EAGLE FORD-1 Producing Royalties 5 Producing Royalty Interest Wells Located in LA SALLE (TX) Phone: (866) Fax: (214) info@oaktreeminerals.com 2601 Network Boulevard ~ Suite 404 ~ Frisco, Texas

2 LA SALLE TX - EAGLE FORD-1 Producing Royalties Property Summary The assets in this package are located in the Eagle Ford Shale, within La Salle 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.the last 6 months have seen a surge in activity in La Salle County, with 225 new permits to drill filed in that time. Operator EOG Resources is one of the more active operators, filing 35 of those permits. This information indicates strong growth in the Eagle Ford in coming months, especially on acreage that EOG controls. Package Details 5 Producing Wells 5 Horizontal 0 Vertical Royalty Interest Location LA SALLE (TX) Formation(s) EAGLE FORD-1 Production Breakdown 47.84% - Oil 24.17% - Gas 27.99% - NGL Cash Flow $ Per Month Cash Flow Represents 37.50% of Check Statements Operator(s) SILVERBOW RESOURCES OPER, LLC

3 LA SALLE TX - EAGLE FORD-1 Producing Royalties Package Contents Check Revenue Statement Check Statements Maps Production Graph Source Assignments

4 LA SALLE TX - EAGLE FORD-1 Producing Royalties Check Revenue Statement

5 LA SALLE TX - EAGLE FORD-1 Producing Royalties Check Revenue Statement Check Statement Months Operator Jun-2018 Jul-2018 Aug-2018 Average SILVERBOW RESOURCES $ $ $ $ * Cash flow reflects the sale of 37.50% of the assets shown on the check statements paid by SILVERBOW RESOURCES in this package. Package Totals: $ $ $ $ * Note: Blank boxes indicate no revenue data available for that month

6 LA SALLE TX - EAGLE FORD-1 Producing Royalties Check Statements

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16 LA SALLE TX - EAGLE FORD-1 Producing Royalties Maps

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20 LA SALLE TX - EAGLE FORD-1 Producing Royalties Production Graph

21 100,000 Summary page selections (Monthly Production) 1,000,000 1,000 50, , , , ,000 50, Liquid (Bbls) Gas (MCF) Well Count 1,000 10, , Jan 13 Jan 14 Jan 15 Jan 16 Jan 17 Jan 18 1, Date Liquid (bbls) Gas (MCF) Wells Liquid (bbls): Current Cum: 307,793 Total: 307,793 Gas (MCF): Current Cum: 5,353,833 Total: 5,353, Drillinginfo

22 LA SALLE TX - EAGLE FORD-1 Producing Royalties Source Assignments

23 OIL GAS. MINERAL AND ROYAL1Y CONVEYANCE For valuable consideration, the receipt of which is acknowledged, Erika Gabbard, whose address is 2468 Crestview Dr, Mt. Sterling, KY (hereinafter referred to as "Grantor"), does hereby bargain, sell, transfer, assign, and convey "10 of Grantor's interests in all oil, gas, mineral, royalty, overriding royalty, net profits, and other similar interests in the lands of LaSalle 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 September I,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 ofgrantee(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, or under Grantor, but not otherwise. Erika Gabbard by, through State of KY s County of MO~1! Owner This instrument was acknowledged before me on this by: _---=&"--'---'--'1 Ka----'---"----"Sh---'--"---(o~d== Notary Signature: (notary seal here) ReturaTo: OAK TREE MINERALS, LLC Network Boulevard, Suite 404 Frisco, TX Prepared 8y: Derik J. Todd Oak Tree Minerals, LLC. ID: 755 Page I of J11 WUl

24 It is the Grantor's absolute intent to convey "/0percent 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 LaSalle County, TX, whether properly described below or nol EXHIBIT "A" Legal Description AbstJact A-703. Yeager. S W SunIey. AbstJact A-859. C&M RR Co. Suntey. ai in La Sale County. Texas. END OF EXlUBIT "A" RetumTo: OAK TREE MINERALS, LLC Network Boulevard, Suite 404 Frisco, TX Prepared By: Derik J. Todd Oak Tree Minerals, LLC. FILED AND RECORDED f~ealproperty RECORDS On: Sep 25,2018 at W33A Do(uflIen t HUMber: AMount I)0129H } HONORfiBLE rifirg!lo:lhl A ~SGUEDA COLINTY CLERf; ~I~, fino. RnMon, l.a SALLE COUNTY ANY PROVISION HEREIN WHICH RESTRICTS THE SALE, RENTAL. 0,: USE OF THE DESCRIBED REAL PROPERTY rhause OF COLOF:OR RACE IS INVALID AND UNENFORCEABLE UNDER FEDERAL LAW. ID: 755 Page20f 2

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