Form 8-K

8-K — CALLAN JMB INC.

Accession: 0001493152-26-040838

Filed: 2026-08-31

Period: 2026-08-26

CIK: 0002032545

SIC: 7389 (SERVICES-BUSINESS SERVICES, NEC)

Item: Entry into a Material Definitive Agreement

Item: Financial Statements and Exhibits

Documents

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UNITED

STATES

SECURITIES

AND EXCHANGE COMMISSION

WASHINGTON,

D.C. 20549

FORM

8-K

CURRENT

REPORT

PURSUANT

TO SECTION 13 OR 15(d) OF

THE

SECURITIES EXCHANGE ACT OF 1934

Date

of Report (Date of earliest event reported): August 26, 2026

Callan

JMB Inc.

(Exact

name of registrant as specified in its charter)

Nevada

001-42506

99-0931141

(State

or other jurisdiction

incorporation)

(Commission

File

Number)

(I.R.S.

Employer

Identification

No.)

244

Flightline Drive

Spring

Branch, Texas

78070

(Address

of principal executive offices)

(Zip

Code)

Registrant’s

telephone number, including area code: (830) 438-0395

N/A

(Former

name or former address, if changed since last report)

Check

the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under

any of the following provisions:

☐

Written

communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐

Soliciting

material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐

Pre-commencement

communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐

Pre-commencement

communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities

registered pursuant to Section 12(b) of the Act:

Title

of each class

Trading

Symbol(s)

Name

of each exchange on which registered

Common

Stock, $0.001 par value

CJMB

The

Nasdaq Stock Market LLC

Indicate

by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405

of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging

growth company ☒

an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying

with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item

1.01. Entry into a Material Definitive Agreement.

August 26, 2026, Callan Power LLC, a Nevada limited liability company (“Buyer”) and a subsidiary of Callan JMB Inc.

(the “Company”), entered into an Asset Purchase and Sale Agreement (the “APA”) with The Pfanenstiel

Company, LLC, an Oklahoma limited liability company (“Seller”), pursuant to which Buyer agreed to acquire fifty percent

(50%) of Seller’s right, title and interest in certain oil and gas leases and wells located in North Dakota and Montana (the “Assets”),

including leasehold interests, wells, hydrocarbons, equipment, unitization agreements, contracts, surface rights, and related records.

Certain wellbores described on Exhibit C to the APA are excluded from the transaction.

The

aggregate purchase price for the Assets (the “Purchase Price”) is $12,500,000 in cash, payable at the closing of the

transactions (the “Closing”), plus a supplemental payment. The supplemental payment consists of $1,000,000 to be deposited

by Buyer into escrow at Closing to pay Buyer’s share of drilling and completion costs for the Assets incurred from the date of

execution of the APA through the Closing Date. Any amounts remaining in escrow on the earliest of (i) payment of all of Buyer’s

share of such costs or (ii) six months after the Closing Date will be remitted to Seller.

The

Closing is expected to occur on or before September 30, 2026 (the “Outside Termination Date”), subject to the satisfaction

or waiver of customary closing conditions, including, among others, (i) the accuracy of the representations and warranties of the parties,

(ii) the performance of the covenants and agreements of the parties, (iii) the absence of any litigation seeking to prevent the transactions,

(iv) Buyer’s satisfactory completion of due diligence on the Assets, (v) Buyer’s receipt of financing on terms acceptable

to Buyer, and (vi) delivery of closing deliverables including an assignment, settlement statement, and evidence of bonds posted with

governmental authorities.

The

APA may be terminated by either party if the Closing has not occurred on or before the Outside Termination Date. Buyer may also terminate

if it has not obtained financing satisfactory to Buyer, if it is not satisfied with due diligence results, if there is a material adverse

change affecting the Assets, or if required regulatory approvals are not obtained.

Seller

makes no warranty of title to the Assets except for a special warranty of title in the Assignment to be delivered at Closing. Except

as expressly represented in the APA and the Assignment, Buyer will acquire the Assets on an “as is” and “where is”

basis with all faults.

Either

party may assign its rights under the APA to a qualified intermediary to accomplish a like-kind exchange under Section 1031 of the Internal

Revenue Code. The APA is governed by the laws of the State of Texas, and the parties have waived their respective rights to a jury trial.

The

APA contains customary representations, warranties, covenants, and indemnification obligations of the parties. The representations, warranties

and covenants contained in the APA were made only for purposes of the APA and as of specific dates, were solely for the benefit of the

parties to the APA, and may be subject to limitations agreed upon by the contracting parties.

The

foregoing description of the APA does not purport to be complete and is qualified in its entirety by reference to the full text of the

APA, a copy of which is filed as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated by reference herein. Capitalized

terms used but not defined in this Current Report on Form 8-K will have the meanings assigned to them by the APA.

Forward-Looking

Statements

This

Report and the exhibit(s) attached hereto, including the disclosures set forth herein, contain certain forward-looking statements that

involve substantial risks and uncertainties. When used herein, the terms “intends,” “anticipates,” “expects,”

“estimates,” “believes” and similar expressions, as they relate to us or our management, are intended to identify

such forward-looking statements.

Forward-looking

statements in this Report or hereafter, including in other publicly available documents filed with the Commission, reports to the stockholders

of the Company and other publicly available statements issued or released by the Company involve known and unknown risks, uncertainties

and other factors which could cause the Company’s actual results, performance (financial or operating) or achievements to differ

from the future results, performance (financial or operating) or achievements expressed or implied by such forward-looking statements.

Such future results are based upon management’s best estimates based upon current conditions and the most recent results of operations.

These risks include, but are not limited to, the risks set forth herein and in such other documents filed with the Commission, each of

which could adversely affect the Company’s business and the accuracy of the forward-looking statements contained herein. The Company’s

actual results, performance or achievements may differ materially from those expressed or implied by such forward-looking statements.

The Company expressly disclaims any obligation or intention to update these forward-looking statements contained in this Report.

Item

9.01 Financial Statements and Exhibits.

(d)

Exhibits.

The

following exhibits are being filed herewith:

Exhibit

No.

Description

10.1

Asset Purchase and Sale Agreement, dated August 26, 2026, by and between The Pfanenstiel Company, LLC and Callan Power LLC.

104

Cover

Page Interactive Data File (embedded with the Inline XBRL document).

SIGNATURES

Pursuant

to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by

the undersigned hereunto duly authorized.

Date:

August 31, 2026

Callan

JMB Inc.

By:

/s/

Wayne Williams

Name:

Wayne

Williams

Title:

Chief

Executive Officer

EX-10.1

Filename: ex10-1.htm · Sequence: 2

Exhibit

10.1

ASSET

PURCHASE AND SALE AGREEMENT

BETWEEN

THE

PFANENSTIEL COMPANY, LLC

Seller

and

CALLAN

POWER LLC

Buyer

DATED

AUGUST 26, 2026

TABLE

OF CONTENTS

Page

ARTICLE

I DEFINITIONS; INTERPRETATION

1.1

Definitions.

1.2

Interpretation.

ARTICLE

II Purchase and Sale

2.1

Purchase

and Sale.

2.2

Purchase

Price.

2.3

Section

1031 Like-Kind Exchange.

ARTICLE

III REPRESENTATIONS AND WARRANTIES OF SELLER

3.1

Organization,

Existence.

3.2

Authorization.

3.3

Conflicts.

3.4

Bankruptcy.

3.5

Foreign

Person.

3.6

Litigation.

3.7

Violation of Laws.

3.8

Brokers’

Fees.

3.9

Current

Commitments.

3.10

Encumbrances.

3.11

Other Representations or Warranties; Disclosed Materials.

ARTICLE

IV REPRESENTATIONS AND WARRANTIES OF BUYER

4.1

Organization;

Existence.

4.2

Authorization.

4.3

Conflicts.

4.4

Bankruptcy.

4.5

Litigation.

4.6

Financing.

4.7

Independent

Evaluation.

4.8

Brokers’

Fees.

4.9

Accredited

Investor.

ARTICLE

V ACCESS / CONFIDENTIALITY

5.1

Access.

5.2

Confidentiality.

5.3

Disclaimers.

ARTICLE

VI TITLE MATTERS

6.1

Seller’s

Title.

ARTICLE

VII CERTAIN AGREEMENTS

7.1

Conduct

of Business.

7.2

Governmental

Bonds.

7.3

Notifications.

7.4

Survival.

ARTICLE

VIII CONDITIONS TO CLOSING

8.1

Buyer’s

Conditions to Closing.

8.2

Seller’s

Conditions to Closing.

ARTICLE

IX CLOSING

9.1

Date

of Closing.

9.2

Place

of Closing.

9.3

Closing

Obligations.

9.4

Records.

ARTICLE

X TERMINATION

10.1

Right

of Termination.

10.2

Effect

of Termination.

10.3

Return

of Documentation and Confidentiality.

ARTICLE

XI MISCELLANEOUS

11.1

Counterparts.

11.2

Notices.

11.3

Expenses.

11.4

Waivers;

Rights Cumulative.

11.5

Relationship

of the Parties.

11.6

Entire

Agreement; Conflicts.

11.7

Governing

Law.

11.8

Filings,

Notices and Certain Governmental Approvals.

11.9

Amendment.

11.10

Parties

in Interest.

11.11

Successors

and Permitted Assigns.

11.12

Representations

Survival.

11.13

Time

is of the Essence

11.14

Specific

Performance.

11.15

Assignment.

11.16

Preparation

of Agreement.

11.17

Severability.

Exhibits

Exhibit

Leases

Exhibit

Wells

Exhibit

Excluded

Wellbores

PURCHASE

AND SALE AGREEMENT

THIS

PURCHASE AND SALE AGREEMENT (this “Agreement”) is made as of August 26, 2026 (the “Execution

Date”) between The Pfanenstiel Company, LLC, an Oklahoma limited liability company (“Seller”),

and Callan Power LLC, a Nevada limited liability company (“Buyer”). Seller and Buyer shall sometimes be referred

to herein together as the “Parties”, and each individually as a “Party”.

RECITALS

WHEREAS,

Seller owns certain oil and gas leases located in North Dakota and Montana as more fully described below; and

WHEREAS,

Seller desires to sell and Buyer desires to purchase from Seller fifty percent (50%) of Seller’s interest in certain leases and

wells as described in the definition of “Assets” set forth in Annex I hereto, other than the Excluded Assets, upon the terms

and conditions set forth in this Agreement.

NOW

THEREFORE, in consideration of the mutual agreements herein contained, the Parties hereby agree as follows:

ARTICLE

DEFINITIONS;

INTERPRETATION

1.1

Definitions. Capitalized terms used in this Agreement shall have the meanings given such terms in Annex I. All references in

this Agreement to “fifty percent (50%) of Seller’s interest” with respect to any Asset means an undivided interest

in the whole of such Asset.

1.2

Interpretation. All references in this Agreement to Exhibits, Appendices, Annexes, Articles, Sections, subsections and other

subdivisions refer to the corresponding Exhibits, Appendices, Annexes, Articles, Sections, subsections and other subdivisions of or to

this Agreement unless expressly provided otherwise. Titles appearing at the beginning of any Articles, Sections, subsections and other

subdivisions of this Agreement are for convenience only, do not constitute any part of this Agreement, and shall be disregarded in construing

the language hereof. The words “this Agreement,” “herein,” “hereby,” “hereunder” and

“hereof,” and words of similar import, refer to this Agreement as a whole and not to any particular Article, Section, subsection

or other subdivision unless expressly so limited. The words “this Article,” “this Section” and “this subsection,”

and words of similar import, refer only to the Article, Section or subsection hereof in which such words occur. The word “including”

(in its various forms) means “including without limitation.” All references to “$” or “dollars” shall

be deemed references to United States Dollars. Each accounting term not defined herein will have the meaning given to it under GAAP,

as in effect on the Execution Date. Pronouns in masculine, feminine or neuter genders shall be construed to state and include any other

gender, and words, terms and titles (including terms defined herein) in the singular form shall be construed to include the plural and

vice versa, unless the context otherwise requires. Appendices, Annexes and Exhibits referred to herein are attached to and made a part

of this Agreement. Unless expressly stated otherwise, references to any Law or contract shall mean such Law or contract as it may be

amended from time to time.

ARTICLE

Purchase

and Sale

2.1

Purchase and Sale.

1. Subject

to the terms and conditions of this Agreement, Buyer agrees to purchase from Seller, and

Seller agrees to sell, assign and deliver to Buyer the Assets for the consideration specified

in this Article II.

2. Seller

shall reserve and retain all of the Excluded Assets and fifty percent (50%) of its interest

in and to the Leases and the Wells and assign and deliver to Buyer fifty percent (50%) of

its interest in the Leases and the Wells.

2.2

Purchase Price. Subject to the other terms and conditions of this Agreement, the purchase price for the Assets shall be the sum

of Twelve Million Five Hundred Thousand Dollars ($12,500,000), payable in cash at the Closing (as hereinafter defined), and the Supplemental

Payment (as hereinafter defined) (collectively, the “Purchase Price”). Buyer shall deposit at Closing into an escrow

account established for its benefit One Million Dollars ($1,000,000) which shall be drawn upon Buyer only to pay its share of drilling

and completion costs with respect to the Assets incurred during the period from the Execution Date through the Closing Date including,

but not limited to, joint interest bills attributable to Buyer’s purchased interests . Any amounts remaining in such escrow account

on the earliest to occur of (i) payment of all Buyer’s share of such drilling and production costs and (ii) the date that is six

(6) months after the Closing Date shall be promptly remitted to Seller (the “Supplemental Payment”).

the event neither Buyer nor Seller exercise their right to terminate this Agreement pursuant to Article X as a result of (i) a Casualty

occurrence between the Execution Date and the Closing or (ii) the failure by Seller to deliver good and marketable title to an Asset

at Closing, Buyer and Seller shall in good faith negotiate an adjustment to the Purchase Price and if such adjustment is not agreed to

on or before the Outside Termination Date, this Agreement shall automatically terminate and from and after such date shall have no force

or effect.

2.3

Section 1031 Like-Kind Exchange. Seller and Buyer hereby agree that Seller shall have the right at any time prior to completion

of all the transactions that are to occur at Closing to assign all or a portion of its rights under this Agreement to a Qualified Intermediary

(as that term is defined in Section 1.1031(k)-1(g)(4)(v) of the Treasury Regulations) in order to accomplish the transaction in a manner

that will comply, either in whole or in part, with the requirements of a like-kind exchange pursuant to Section 1031 of the Code. Likewise,

Buyer shall have the right at any time prior to completion of all the transactions that are to occur at Closing to assign all or a portion

of its rights under this Agreement to a Qualified Intermediary for the same purpose. If Seller assigns all or any of its rights under

this Agreement for this purpose, Buyer agrees to (a) consent to Seller’s assignment of its rights in this Agreement, which assignment

shall be in a form reasonably acceptable to Buyer, and (b) pay the Purchase Price (or a designated portion thereof as specified by Seller)

to the Qualified Intermediary at Closing as directed in writing. If Buyer assigns all or any of its rights under this Agreement for this

purpose, Seller agrees to (i) consent to Buyer’s assignment of its rights in this Agreement, which assignment shall be in a form

reasonably acceptable to Seller, (ii) accept the Purchase Price from the Qualified Intermediary at Closing, and (iii) at Closing, convey

and assign directly to Buyer the Assets (or any portion thereof) as directed by Buyer. Seller and Buyer acknowledge and agree that any

assignment of this Agreement (or any rights hereunder) to a Qualified Intermediary shall not release any Party from any of its respective

liabilities and obligations hereunder, and that neither Party represents to the other Party that any particular tax treatment will be

given to any Party as a result thereof. The Party electing to assign all or any of its rights under this Agreement pursuant to this Section

2.3 shall defend, indemnify, and hold harmless the other Party and its Affiliates from all claims relating to such election.

ARTICLE

III

REPRESENTATIONS

AND WARRANTIES OF SELLER

Seller

represents and warrants to Buyer as follows:

3.1

Organization, Existence. Seller is a limited liability company duly formed and validly existing under the Laws of the State of

Oklahoma. Seller has all requisite power and authority to own and operate its property (including, without limitation, the Assets) and

to carry on its business as now conducted. Seller is duly licensed or qualified to do business as a foreign corporation and is in good

standing in all jurisdictions in which such qualification is required by Law, except where the failure to qualify or be in good standing

would not have a material adverse effect, upon the ability of Seller to consummate the transactions contemplated by this Agreement.

3.2

Authorization. Seller has full power and authority to enter into and perform this Agreement and the transactions contemplated

herein. The execution, delivery and performance by Seller of this Agreement has been, and the execution, delivery and performance by

Seller of all other documents delivered pursuant to this Agreement will be when delivered, duly and validly authorized and approved by

all necessary company action on the part of Seller. Assuming the due authorization, execution and delivery by the other parties to such

documents, this Agreement constitutes, and the other documents delivered pursuant to this Agreement to which Seller is a party will constitute

when delivered, Seller’s legal, valid and binding obligations, enforceable against Seller in accordance with their respective terms,

subject however to the effects of bankruptcy, insolvency, reorganization, fraudulent transfer, moratorium and similar Laws relating to

or affecting creditors’ rights, as well as to principles of equity (regardless of whether such enforceability is considered in

a proceeding in equity or at Law).

3.3

No Conflicts. The execution, delivery and performance by Seller of this Agreement and the consummation of the transactions contemplated

hereby does not and will not (a) conflict with or result in a breach of any provisions of the organizational documents or other governing

documents of Seller, or (b) violate any Law applicable to Seller or any of the Assets.

3.4

Bankruptcy. There are no bankruptcy, reorganization or receivership proceedings pending, being contemplated by or, to Seller’

Knowledge, threatened in writing against Seller.

3.5

Foreign Person. Seller is not a “disregarded entity” or a “foreign person” within the meaning of Section

1445 of the Code and its implementing Treasury Regulations.

3.6

Litigation. As of the Execution Date, there are no investigations, suits, actions or litigation by any Person by or before any

Governmental Authority, and no legal, administrative or arbitration proceedings, pending or, to Seller’s Knowledge, threatened

in writing against Seller with respect to its ownership or operation of the Assets. Seller is currently in litigation involving the wellbores

on Exhibit C which are included in the Excluded Assets.

3.7

No Violation of Laws. As of the Execution Date, to Seller’s Knowledge, Seller is not in violation of any applicable Laws

with respect to the ownership of the Assets.

3.8

Brokers’ Fees. Seller has incurred no liability, contingent or otherwise, for brokers’ or finders’ fees relating

to the transactions contemplated by this Agreement for which Buyer shall have any responsibility.

3.9

Current Commitments. Schedule 3.9 sets forth, as of the Execution Date, all AFEs for which all of the activities anticipated

in such AFEs have not been completed by the Execution Date. Seller may update Schedule 3.9 between the Execution Date and Closing by

providing Buyer an updated Schedule 3.9 and a copy of any additional AFEs relating to the Assets.

3.10

No Encumbrances. The Assets are not subject to or burdened by any mortgage, security interest or other lien, except such liens

(A) as may constitute a Permitted Encumbrance; (B) as will be released at Closing; or (C) as will be released by payment of drilling

and completion costs upon release of funds from the escrow account.

3.11

No Other Representations or Warranties; Disclosed Materials. Except for the representations and warranties

contained in this Agreement or the Assignment, neither Seller nor any other Person on Seller’s behalf makes (and Buyer is not relying

upon) any other express or implied representation or warranty with respect to Seller (including the value, condition or use of any of

the Assets) or the transactions contemplated by this Agreement, and Seller disclaims any other representations or warranties not contained

in this Agreement, whether made by Seller, any Affiliate of Seller, or any of their respective officers, directors, managers, employees

or agents. Except for the representations and warranties contained in this Agreement, Seller disclaims all liability and responsibility

for any representation, warranty, projection, forecast, statement or information made, communicated or furnished (orally or in writing)

to Buyer or any of its Affiliates or any of its officers, directors, managers, employees or agents (including any opinion, information,

projection or advice that may have been or may be provided to Buyer by any director, officer, employee, agent, consultant or representative

of Seller, or any of its Affiliates).

ARTICLE

REPRESENTATIONS

AND WARRANTIES OF BUYER

Buyer

represents and warrants to Seller as follows:

4.1

Organization; Existence. Buyer is a limited liability company duly formed and validly existing under the Laws of the State of

Nevada. Buyer has all requisite power and authority to own and operate its property (including, at Closing, the Assets) and to carry

on its business as now conducted. By Closing, Buyer will be duly licensed or qualified to do business as a foreign corporation and is

in good standing in all jurisdictions in which such qualification is required by Law, except where the failure to qualify or be in good

standing would not have a material adverse effect upon the ability of Buyer to consummate the transactions contemplated by this Agreement.

4.2

Authorization. Buyer has full power and authority to enter into and perform this Agreement to which it is a party and the transactions

contemplated herein and therein. The execution, delivery and performance by Buyer of this Agreement has been, and the execution, delivery

and performance by Buyer of all other documents delivered pursuant to this Agreement will be when delivered, duly and validly authorized

and approved by all necessary corporate action on the part of Buyer. Assuming the due authorization, execution and delivery by the other

parties to such documents, this Agreement constitutes, and the other documents delivered pursuant to this Agreement to which Buyer is

a party will constitute, Buyer’s legal, valid and binding obligations, enforceable against Buyer in accordance with their respective

terms, subject however to the effects of bankruptcy, insolvency, reorganization, fraudulent transfer, moratorium and similar Laws relating

to or affecting creditors’ rights, as well as to principles of equity (regardless of whether such enforceability is considered

in a proceeding in equity or at Law).

4.3

No Conflicts. The execution, delivery and performance by Buyer of this Agreement and the consummation of the transactions contemplated

herein will not (a) conflict with or result in a breach of any provisions of the organizational or other governing documents of Buyer,

or (b) violate any Law applicable to Buyer or any of its property.

4.4

Bankruptcy. There are no bankruptcy, reorganization or receivership proceedings pending, being contemplated by or, to Buyer’s

knowledge, threatened in writing against Buyer.

4.5

Litigation. There is no investigation, suit, action or litigation by any Person or by or before any Governmental Authority, and

no legal, administrative or arbitration proceedings pending, or to Buyer’s Knowledge, threatened against Buyer, or to which Buyer

is a party, that would affect the ability of Buyer to consummate the transactions contemplated by this Agreement.

4.6

Financing. Buyer has access to, and shall have as of the Closing Date, sufficient funds to pay the Purchase Price and otherwise

consummate the transactions contemplated by this Agreement.

4.7

Independent Evaluation. Buyer is sophisticated in the evaluation, purchase and ownership of oil and gas properties and related

facilities. In making its decision to enter into this Agreement and to consummate the transaction contemplated herein, Buyer (a) has

relied or shall rely solely on its own independent investigation and evaluation of the Assets and the advice of its own legal, tax, economic,

environmental, engineering, geological and geophysical advisors and the express provisions of this Agreement and not on any comments,

statements, projections or other materials made or given by any representatives, consultants or advisors of Seller, and (b) has satisfied

or shall satisfy itself through its own due diligence as to the environmental and physical condition of and contractual arrangements

and other matters affecting the Assets. Buyer shall have until the Outside Termination Date to complete its evaluation of the Assets

and may provide written notice to the Seller prior to the Outside Termination Date if Buyer identifies within the evaluation period that

Seller does not have marketable title to a material portion of the Wells and the Leases; provided that Customary Post-Closing Consents

and Seller’s litigation relating to the wellbores on Exhibit C shall not constitute failure to have marketable title

to any Wells or Leases. Seller shall have the opportunity to cure any such identified title issue(s) within thirty (30) days of being

provided such written notice or Seller may terminate this Agreement by providing a written notice of termination. If Seller does not

terminate the Agreement and is unable to cure such title issue(s) within such period then Buyer may terminate this Agreement by providing

a written notice of termination following such cure period.

4.8

Brokers’ Fees. Buyer has incurred no liability, contingent or otherwise, for brokers’ or finders’ fees relating

to the transactions contemplated by this Agreement for which Seller shall have any responsibility.

4.9

Accredited Investor. Buyer is an “accredited investor,” as such term is defined in Regulation D of the Securities

Act of 1933, as amended, and will acquire the Assets for its own account and not with a view to a sale or distribution thereof in violation

of such Law and the rules and regulations thereunder, any applicable state blue sky Laws or any other applicable securities Laws.

ARTICLE

ACCESS

/ CONFIDENTIALITY

5.1

Access. From and after the Execution Date and up to and including the Closing Date (or earlier termination of this Agreement),

but subject to the other provisions of this Agreement (including this Section 5.1) and obtaining any required consents of third

parties (with respect to which consents Seller shall use its commercially reasonable efforts to obtain), Seller shall afford to Buyer,

its Affiliates and its and their officers, employees, agents, accountants, attorneys, investment bankers, consultants and other authorized

representatives (collectively, “Buyer’s Representatives”) reasonable access, during normal business hours,

to all Records in Seller’s or any of its Affiliates’ possession. Seller shall also make available to Buyer and Buyer’s

Representatives, upon reasonable notice during normal business hours, Seller’s personnel knowledgeable with respect to the Assets

in order that Buyer may make such diligence investigation as Buyer considers necessary or appropriate. All investigations and due diligence

conducted by Buyer or any Buyer’s Representative shall be conducted at Buyer’s sole cost, risk and expense; and any conclusions

made from any examination done by Buyer or any Buyer’s Representative shall result from Buyer’s own independent review and

judgment.

5.2

Confidentiality. The Parties shall keep the terms of this Agreement and any non-public information or documents obtained in connection

with the due diligence permitted hereby confidential and not disclose the terms hereof or thereof to any third party other than each

Party’s Affiliates except with the prior written consent of the other Party, which consent shall not be unreasonably withheld.

There shall be no public press releases or other public or third party announcements or disclosures by either Party with respect to the

Purchase Price, price per net acre, or any other basis or amounts paid under this Agreement. Notwithstanding the foregoing, if required

by Laws or judicial or administrative order or process, a Party may disclose the existence or terms of this Agreement and other information

and documents required to be held confidential hereunder to the extent, and only to the extent, necessary to comply with such Laws or

judicial or administrative order or process. The disclosing Party shall promptly notify the non-disclosing Party of such required disclosure

and shall request that confidential treatment be afforded any such disclosed information.

5.3

Disclaimers.

1. EXCEPT

AS AND TO THE EXTENT EXPRESSLY SET FORTH IN article III AND

IN THE ASSIGNMENT, (I) SELLER MAKES NO REPRESENTATIONS

OR WARRANTIES, EXPRESS, STATUTORY OR IMPLIED, AND (II) SELLER EXPRESSLY DISCLAIMS ALL LIABILITY

AND RESPONSIBILITY FOR ANY REPRESENTATION, WARRANTY, STATEMENT OR INFORMATION MADE OR COMMUNICATED

(ORALLY OR IN WRITING) TO BUYER OR ANY BUYER’s REPRESENTATIVE (INCLUDING, WITHOUT LIMITATION,

ANY OPINION, INFORMATION, PROJECTION OR ADVICE THAT MAY HAVE BEEN PROVIDED TO BUYER BY ANY

OFFICER, DIRECTOR, EMPLOYEE, AGENT, CONSULTANT, REPRESENTATIVE OR ADVISOR OF SELLER OR ANY

OF ITS AFFILIATES).

2. EXCEPT

AS EXPRESSLY SET FORTH IN article III, AND IN THE ASSIGNMENT AND WITHOUT LIMITING

THE GENERALITY OF THE FOREGOING, SELLER EXPRESSLY DISCLAIMS ANY REPRESENTATION OR WARRANTY,

EXPRESS, STATUTORY OR IMPLIED, AS TO (I) TITLE TO ANY OF THE ASSETS, (II) THE CONTENTS, CHARACTER

OR NATURE OF ANY REPORT OF ANY PETROLEUM ENGINEERING CONSULTANT, OR ANY ENGINEERING, GEOLOGICAL

OR SEISMIC DATA OR INTERPRETATION, RELATING TO THE ASSETS, (III) THE QUANTITY, QUALITY OR

RECOVERABILITY OF HYDROCARBONS IN OR FROM THE ASSETS, (IV) ANY ESTIMATES OF THE VALUE OF

THE ASSETS OR FUTURE REVENUES GENERATED BY THE ASSETS, (V) THE ability to produce HYDROCARBONS

FROM THE ASSETS, (VI) THE MAINTENANCE, REPAIR, CONDITION, QUALITY, SUITABILITY, DESIGN OR

MARKETABILITY OF THE ASSETS, (VII) THE CONTENT, CHARACTER OR NATURE OF ANY INFORMATION MEMORANDUM,

REPORTS, BROCHURES, CHARTS OR STATEMENTS PREPARED BY SELLER OR THIRD PARTIES WITH RESPECT

TO THE ASSETS, (VIII) ANY OTHER MATERIALS OR INFORMATION THAT MAY HAVE BEEN MADE AVAILABLE

TO BUYER OR ANY BUYER’s REPRESENTATIVE IN CONNECTION WITH THE TRANSACTIONS CONTEMPLATED

BY THIS AGREEMENT OR ANY DISCUSSION OR PRESENTATION RELATING THERETO AND (IX) ANY IMPLIED

OR EXPRESS WARRANTY OF FREEDOM FROM PATENT OR TRADEMARK INFRINGEMENT. EXCEPT AS EXPRESSLY

REPRESENTED OTHERWISE IN article III, SELLER FURTHER DISCLAIMS ANY REPRESENTATION

OR WARRANTY, EXPRESS, STATUTORY OR IMPLIED, OF MERCHANTABILITY, FREEDOM FROM LATENT VICES

OR DEFECTS, FITNESS FOR A PARTICULAR PURPOSE OR CONFORMITY TO MODELS OR SAMPLES OF MATERIALS

OF ANY ASSETS, RIGHTS OF A BUYER UNDER APPROPRIATE STATUTES TO CLAIM DIMINUTION OF CONSIDERATION

OR RETURN OF CONSIDERATION, IT BEING EXPRESSLY UNDERSTOOD AND AGREED BY THE PARTIES THAT

BUYER SHALL BE DEEMED TO BE OBTAINING THE ASSETS IN THEIR PRESENT STATUS, CONDITION AND STATE

OF REPAIR, “AS IS” AND “WHERE IS” WITH ALL FAULTS OR DEFECTS (KNOWN

OR UNKNOWN, LATENT, DISCOVERABLE OR UNDISCOVERABLE), AND THAT BUYER HAS MADE OR CAUSED TO

BE MADE SUCH INSPECTIONS AS BUYER DEEMS APPROPRIATE.

3. SELLER

and Buyer agree that, to the extent required by applicable law to be effective, the disclaimers

of certain representations and warranties contained in this Section 5.3 are “conspicuous”

disclaimers for the purpose of any applicable Law.

ARTICLE

TITLE

MATTERS

6.1

Seller’s Title. Except for the special warranty of title in the Assignment, Seller makes no warranty or representation,

express, implied, statutory or otherwise with respect to its title to any of the Assets.

ARTICLE

VII

CERTAIN

AGREEMENTS

7.1

Conduct of Business. Except (x) as expressly contemplated by this Agreement or (y) as expressly consented to in writing by Buyer,

Seller agrees that from and after the Execution Date up to Closing:

1. Seller

will give written notice to Buyer as soon as is practicable of any written notice received

or given by Seller with respect to any Lease;

2. Seller

will not:

(i)

terminate (unless such Lease terminates pursuant to its stated terms) or materially amend the terms of any Lease;

(ii)

transfer, sell or dispose of the interest in any Lease that is to be conveyed to Buyer at Closing;1

(iii)

commit to do any of the foregoing; or

(iv)

fail to conduct its business with respect to the Assets diligently and in accordance with its ordinary course.

7.2

Governmental Bonds. Buyer acknowledges that none of the bonds, letters of credit and guarantees, if any, posted by Seller or

its Affiliates with Governmental Authorities and relating to the Assets are transferable to Buyer. At or prior to Closing, Buyer, with

the assistance and cooperation of Seller, shall deliver to Seller evidence of the posting of bonds or other security with all applicable

Governmental Authorities meeting the requirements of such Governmental Authorities to own its interest the Assets.

7.3

Notifications. If Buyer develops or possesses information that leads it to believe that Seller may have breached a representation,

warranty, covenant or other agreement contained in this Agreement, Buyer shall promptly inform Seller of such potential breach so that

Seller may attempt to remedy or cure such breach prior to Closing. The provisions of this Agreement relating to representations, warranties,

indemnities and agreements of the Parties shall not be altered or modified by Buyer’s knowledge or Seller’s Knowledge, as

applicable, of any event or Buyer’s or Seller’s review of any documents or other matters except as expressly provided herein

to the contrary.

7.4

Survival. The representations and warranties of Seller and Buyer shall survive the Closing indefinitely. The obligations of Buyer

with respect to the amounts held in the escrow account, and the other agreements and covenants of Buyer and Seller, shall survive the

Closing indefinitely.

ARTICLE

VIII

CONDITIONS

TO CLOSING

8.1

Buyer’s Conditions to Closing. The obligations of Buyer to consummate the transactions contemplated by this Agreement

are subject to the fulfillment (or waiver by Buyer) on or prior to the Closing of each of the following conditions:

1. Representations.

The representations and warranties of Seller set forth in Article III and the Assignment

shall be true and correct in all material respects (other than those representations and

warranties of Seller that are qualified by materiality, which shall be true and correct in

all respects) as of the Closing Date as though made on and as of the Closing Date (other

than representations and warranties that refer to a specified date, which need only be true

and correct on and as of such specified date), except for those breaches, if any, of such

representations and warranties that in the aggregate would not have a material adverse effect

on the ability of Seller to consummate the transactions contemplated by this Agreement.

2. Performance.

Seller shall have materially performed or complied with all obligations, agreements and covenants

contained in this Agreement as to which performance or compliance by Seller is required prior

to or at the Closing Date.

3. No

Legal Proceedings. No material suit, action or other proceeding instituted by a third

party shall be pending before any Governmental Authority seeking to restrain, prohibit, enjoin

or declare illegal, or seeking substantial damages in connection with, the transactions contemplated

by this Agreement. No order, award or judgment shall have been issued by any Governmental

Authority or arbitrator to restrain, prohibit, enjoin, or declare illegal, or awarding substantial

damages in connection with, the transactions contemplated by this Agreement.

4. Closing

Deliverables. Seller shall have delivered (or be ready, willing and able to deliver at

Closing) to Buyer the documents and other items required to be delivered by Seller under

Section 9.3.

5. Financing.

Buyer shall have obtained financing in an amount sufficient to fund the Purchase Price and

Buyer’s transaction expenses on terms acceptable to Buyer in its sole discretion.

6. Diligence

Satisfaction. Buyer shall be satisfied, in its sole discretion, with the results of its

due diligence review of the Assets, including without limitation title, environmental, operational,

regulatory, tax, accounting and financial matters.

7. No

Material Adverse Change. Between the Execution Date and Closing, there shall have been

no material adverse change in the condition (financial or otherwise), business, operations,

prospects or Assets of Seller, or in commodity prices, capital markets, credit markets or

general economic conditions.

8.2

Seller’s Conditions to Closing. The obligations of Seller to consummate the transactions contemplated by this Agreement

are subject to the fulfillment (or waiver by Seller) on or prior to the Closing of each of the following conditions:

1. Representations.

The representations and warranties of Buyer set forth in Article IV shall be true

and correct in all material respects (other than those representations and warranties of

Buyer that are qualified by materiality, which shall be true and correct in all respects)

as of the Closing Date as though made on and as of the Closing Date (other than representations

and warranties that refer to a specified date, which need only be true and correct on and

as of such specified date).

2. Performance.

Buyer shall have materially performed or complied with all obligations, agreements and covenants

contained in this Agreement as to which performance or compliance by Buyer is required prior

to or at the Closing Date.

3. No

Legal Proceedings. No material suit, action or other proceeding instituted by a third

party shall be pending before any Governmental Authority seeking to restrain, prohibit, enjoin

or declare illegal, or seeking substantial damages in connection with, the transactions contemplated

by this Agreement. No order, award or judgment shall have been issued by any Governmental

Authority or arbitrator to restrain, prohibit, enjoin, or declare illegal, or awarding substantial

damages in connection with, the transactions contemplated by this Agreement.

4. Closing

Deliverables. Buyer shall have delivered (or be ready, willing and able to deliver at

Closing) to Seller the documents and other items required to be delivered by Buyer under

Section 9.3.

ARTICLE

CLOSING

9.1

Date of Closing. Subject to the conditions stated in this Agreement, the transfer by Seller and the acceptance by Buyer of the

Assets (the “Closing”) shall occur on the date the Parties shall agree but on or before the Outside Termination

Date or, if later, five (5) Business Days after Seller’s cure pursuant to Section 4.7, or such other date as Buyer and Seller

may agree upon in writing. The date when Closing actually occurs shall be the “Closing Date.”

9.2

Place of Closing. Closing shall be held at such location as Buyer and Seller may agree upon and include electronic transfer of

signature pages and documents..

9.3

Closing Obligations. At Closing, the following documents shall be delivered and the following events shall occur, the execution

of each document and the occurrence of each event being a condition precedent to the others and each being deemed to have occurred simultaneously

with the others:

1. Seller

and Buyer shall execute and deliver the Assignment with respect to the Assets, in sufficient

counterparts to facilitate recording, if required to evidence Buyer’s interests, in

the applicable counties where the Assets are located;

2. Seller

and Buyer shall execute and deliver assignments, on appropriate forms, of state and of federal

leases comprising portions of the Assets, if any;

3. Seller

and Buyer shall execute and deliver a settlement statement;

4. Buyer

shall deliver to Seller, to the account(s) designated in the settlement statement, by wire

transfer of immediately available funds, the cash portion of the Purchase Price as set forth

in Section 2.2.;

5. Buyer

shall have established the escrow account described in Section 2.2 and shall have

deposited One Million Dollars ($1,000,000) into such account.

6. [Intentionally

Omitted]

7. Seller

shall deliver on forms acceptable to Seller and Buyer transfer orders or letters in lieu

thereof directing all purchasers of production to make payment to Buyer of proceeds attributable

to Hydrocarbons production from the Assets from and after the Closing Date, for delivery

by Buyer to each purchaser of such Hydrocarbon production;

8. Seller

shall deliver an executed statement described in Treasury Regulation § 1.1445-2(b)(2)

certifying that Seller is not a “foreign person” or a “disregarded entity;”

9. Buyer

shall execute and deliver a certificate from an authorized officer of Buyer certifying on

behalf of Buyer that the conditions set forth in Section 8.2 and have been fulfilled

by Buyer;

10. Seller

shall execute and deliver a certificate from an authorized officer of Seller certifying on

behalf of Seller that the conditions set forth in Section 8.1 have been fulfilled

by Seller;

11. Seller

shall deliver a recordable release of any trust, mortgages, financing statements, fixture

filings and security agreements made by Seller or its Affiliates affecting the Assets; and

12. Seller

and Buyer shall execute and deliver any other agreements, instruments and documents that

are required by other terms of this Agreement to be executed or delivered at Closing.

9.4

Records. In addition to the obligations set forth under Section 9.3 above, as soon as reasonably practicable following

Closing but in any event within 10 days following the Closing Date, Seller shall make available to Buyer, during normal business hours

at Seller’s offices, such copies of the Records to which Buyer is entitled pursuant to the terms of this Agreement.

ARTICLE

TERMINATION

10.1

Right of Termination. This Agreement and the transactions contemplated herein may be terminated at any time at or prior to Closing:

1. by

Seller, if any of the conditions set forth in Section 8.2 have not been satisfied

by Buyer on or before September 30, 2026 or such other date as the parties hereto may agree

in writing (the “Outside Termination Date”);

2. by

Buyer pursuant to Section 4.7, or if any of the conditions set forth in Section

8.1 have not been satisfied by Seller on or before the Outside Termination Date; or

3. by

Buyer, in Buyer’s sole discretion, at any time prior to Closing, if Buyer has not obtained

financing sufficient to fund the Purchase Price on terms acceptable to Buyer;

4. by

Buyer, in Buyer’s sole discretion, at any time prior to Closing, if Buyer is not satisfied

with the results of its due diligence review of the Assets;

5. by

Buyer, in Buyer’s sole discretion, at any time prior to Closing, if any material adverse

change shall have occurred with respect to the Assets, Seller, or in commodity prices, capital

markets, credit markets or general economic conditions;

6. by

Buyer, in Buyer’s sole discretion, at any time prior to Closing, if any required regulatory

approval, third-party consent, waiver or other approval necessary to consummate the transactions

has not been obtained on terms acceptable to Buyer;

7. or

by Buyer or Seller as provided in Section 4.7; or

8. by

the mutual written agreement of Buyer and Seller;

provided,

however, that no Party shall have the right to terminate this Agreement pursuant to clause 1 or 2 above if such Party or

its Affiliates are at such time in material breach of any provision of this Agreement.

10.2

Effect of Termination. Notwithstanding anything to the contrary in this Agreement, if this Agreement is terminated pursuant to

any provision of Section 10.1, then this Agreement shall forthwith become null and void and of no further force or effect, and

no Party (nor any of its Affiliates, officers, directors, managers, members, partners, employees, agents or representatives) shall have

any liability or obligation to any other Party under or arising out of this Agreement or the transactions contemplated hereby, whether

at law or in equity, in contract, tort or otherwise, except that (a) the provisions of Section 5.2 (Confidentiality), Section

5.3 (Disclaimers), this Section 10.2 (Effect of Termination), Section 10.3 (Return of Documentation), Article XI

(Miscellaneous), and the defined terms used in each of the foregoing, shall survive termination, and (b) nothing in this Section 10.2

shall relieve any Party of liability for actual fraud (excluding, for the avoidance of doubt, constructive fraud or fraud based on negligence

or recklessness) committed prior to termination. For the avoidance of doubt: (i) neither Party shall be entitled to specific performance,

injunctive relief or any other equitable remedy in connection with any termination of this Agreement; (ii) neither Party shall be entitled

to consequential, incidental, indirect, special, exemplary or punitive damages, lost profits, diminution in value, or damages calculated

as a multiple of earnings or cash flow; (iii) in no event shall Buyer or its Affiliates have any liability of any kind for termination

pursuant to Section 10.1(c), (d), (e), (f), (g) or 10.1(h), and Seller irrevocably waives all rights and remedies (whether

at law, in equity, by statute or otherwise) that Seller might otherwise have against Buyer or any of its Affiliates in respect of such

termination; (iv) Buyer shall not be required to post any bond, deposit or other security in connection with any exercise of its termination

rights hereunder; and (v) Seller’s sole and exclusive remedy for any breach by Buyer of its obligations under this Agreement occurring

prior to Closing (other than as a result of Buyer’s actual fraud) shall be to terminate this Agreement pursuant to Section 10.1(a),

without any further recourse.

10.3

Return of Documentation and Confidentiality. Upon termination of this Agreement, Buyer shall return to Seller all title, engineering,

geological and geophysical data, environmental assessments or reports, maps and other information furnished by Seller to Buyer or, if

not destroyed by Buyer, prepared by or on behalf of Buyer in connection with its due diligence investigation of the Assets, and an officer

of Buyer shall certify same to Seller in writing.

ARTICLE

MISCELLANEOUS

11.1

Counterparts. This Agreement may be executed in any number of counterparts, and each such counterpart hereof shall be deemed

to be an original instrument, but all of such counterparts shall constitute for all purposes one agreement. Any signature hereto delivered

by a Party, including by facsimile or electronically, shall be deemed an original signature hereto.

11.2

Notices. All notices and communications required or permitted to be given hereunder shall be sufficient in all respects if given

in writing and delivered personally, or sent by bonded overnight courier, or mailed by U.S. Express Mail or by certified or registered

United States Mail with all postage fully prepaid, or sent by electronic mail (provided any such electronic mail is confirmed either

orally or by written confirmation, and provided further that any notice of any breach or default of this Agreement may not be delivered

by electronic mail), addressed to the appropriate Party at the address for such Party shown below or at such other address as such Party

shall have theretofore designated by written notice delivered to the Party giving such notice:

to Seller:

The

Pfanenstiel Company, LLC

Box 12928

Oklahoma

City, Oklahoma 73157

Attention:

Paul E. Kloberdanz, Jr.

Email:

pauljr@arapahoeresources.com

With

a copy to:

McAfee

& Taft A Professional Corporation

Eighth

Floor, Two Leadership Square

211

N. Robinson Street

Oklahoma

City, Oklahoma 73102

Attn:

T. Michael Blake

E-mail:

mike.blake@mcafeetaft.com

to Buyer:

Callan

JMB, Inc.

244

Flightline Drive

Spring

Branch, TX 78070

Attn:

Wayne Williams

E-mail:

WWilliams@colchain-tech.com_

With

a copy to:

Sichenzia

Ross Ference Carmel LLP

1185

Avenue of the Americas, 26th Floor

New

York, NY 10036

Attn:

Ross D. Carmel, Esq.

E-mail.

rcarmel@srfc.law

Any

notice given in accordance herewith shall be deemed to have been given when 1. delivered to the addressee in person or by courier with

written receipt confirmation, 2. sent by electronic mail during normal business hours, or 3. upon actual receipt by the addressee after

such notice has either been delivered to an overnight courier or deposited in the United States Mail, as the case may be. The Parties

may change the address or electronic mail address to which such communications are to be addressed by giving written notice to the other

Parties in the manner provided in this Section 11.2.

11.3

Expenses. All fees, costs and expenses incurred by the Parties in connection with this Agreement shall be paid by the Party incurring

the same, including investment banking, broker, finder, financial advisor, legal and accounting fees, costs and expenses.

11.4

Waivers; Rights Cumulative. Any of the terms, covenants or conditions hereof may be waived only by a written instrument executed

by or on behalf of the Party waiving compliance. No course of dealing on the part of any Party or its respective officers, employees,

agents or representatives, and no failure by a Party to exercise any of its rights under this Agreement shall, in either case, operate

as a waiver thereof or affect in any way the right of such Party at a later time to enforce the performance of such provision. No waiver

by any Party of any condition, or any breach of any term or covenant contained in this Agreement, in any one or more instances, shall

be deemed to be or construed as a further or continuing waiver of any such condition or breach or a waiver of any other condition or

of any breach of any other term or covenant. The rights of the Parties under this Agreement shall be cumulative, and the exercise or

partial exercise of any such right shall not preclude the exercise of any other right.

11.5

Relationship of the Parties. The rights, duties, obligations and liabilities of the Parties under this Agreement shall be individual,

not joint or collective. It is not the intention of the Parties to create, and this Agreement shall not be deemed or construed to create,

a mining or other partnership, joint venture or association or a trust. This Agreement shall not be deemed or construed to authorize

any Party to act as an agent, servant or employee for any other Party for any purpose whatsoever except as explicitly set forth in this

Agreement. In their relations with each other under this Agreement, the Parties shall not be considered fiduciaries.

11.6

Entire Agreement; Conflicts. THIS AGREEMENT, THE EXHIBITS, SCHEDULES AND APPENDICES HERETO COLLECTIVELY CONSTITUTE THE ENTIRE

AGREEMENT AMONG THE PARTIES PERTAINING TO THE SUBJECT MATTER HEREOF AND SUPERSEDE ALL PRIOR AGREEMENTS, UNDERSTANDINGS, NEGOTIATIONS

AND DISCUSSIONS, WHETHER ORAL OR WRITTEN, OF THE PARTIES PERTAINING TO THE SUBJECT MATTER OF THIS AGREEMENT. THERE ARE NO WARRANTIES,

REPRESENTATIONS OR OTHER AGREEMENTS AMONG THE PARTIES RELATING TO THE SUBJECT MATTER OF THIS AGREEMENT EXCEPT AS SPECIFICALLY SET FORTH

IN THIS AGREEMENT, AND NO PARTY SHALL BE BOUND BY OR LIABLE FOR ANY ALLEGED REPRESENTATION, PROMISE, INDUCEMENT OR STATEMENTS OF INTENTION

NOT SO SET FORTH. IN THE EVENT OF A CONFLICT BETWEEN THE TERMS AND PROVISIONS OF THIS AGREEMENT AND THE TERMS AND PROVISIONS OF ANY EXHIBIT

HERETO; THE TERMS AND PROVISIONS OF THIS AGREEMENT SHALL GOVERN AND CONTROL; PROVIDED, HOWEVER, THAT THE INCLUSION IN ANY OF THE EXHIBITS

HERETO OF TERMS AND PROVISIONS NOT ADDRESSED IN THIS AGREEMENT SHALL NOT BE DEEMED A CONFLICT, AND ALL SUCH ADDITIONAL PROVISIONS SHALL

BE GIVEN FULL FORCE AND EFFECT.

11.7

Governing Law. THIS AGREEMENT AND THE LEGAL RELATIONS AMONG THE PARTIES SHALL BE GOVERNED AND CONSTRUED IN ACCORDANCE WITH THE

LAWS OF THE STATE OF TEXAS, EXCLUDING ANY CONFLICTS OF LAW RULE OR PRINCIPLE THAT MIGHT REFER CONSTRUCTION OF SUCH PROVISIONS TO THE

LAWS OF ANOTHER JURISDICTION. ALL OF THE PARTIES CONSENT TO THE EXERCISE OF JURISDICTION IN PERSONAM BY THE COURTS OF THE STATE OF TEXAS

FOR ANY DISPUTE. EACH PARTY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY RIGHT IT MAY HAVE TO A TRIAL BY JURY IN RESPECT

OF ANY DISPUTE.

11.8

Filings, Notices and Certain Governmental Approvals. Promptly after Closing, Buyer shall (a) record the Assignments and all state/federal

assignments executed at Closing in all applicable real property records and/or, if applicable, all state or federal agencies, (b) actively

pursue the approval of all applicable Governmental Authorities of the assignment of the Assets to Buyer and (c) actively pursue all other

consents and approvals that may be required in connection with the assignment of the Assets to Buyer that shall not have been obtained

prior to Closing. Buyer obligates itself to take any and all action required by any Governmental Authority in order to obtain such unconditional

approval, including but not limited to, the posting of any and all bonds or other security that may be required in excess of any existing

bond.

11.9

Amendment. This Agreement may be amended only by an instrument in writing executed by all of the Parties and expressly identified

as an amendment or modification hereof.

11.10

Parties in Interest. Nothing in this Agreement shall entitle any Person other than the Parties to any claim, cause of action,

remedy or right of any kind.

11.11

Successors and Permitted Assigns. This Agreement shall be binding upon and inure to the benefit of the Parties and their respective

successors and permitted assigns.

11.12

Representations Survival. The representations of the Parties contained in this Agreement, other than those relating to the Purchase

Price, shall not survive Closing.

11.13

Time is of the Essence Time is of the essence with respect to each of the Parties’ respective obligations and rights in

this Agreement, including, without limitation, the delivery of any notice that is required or may be given pursuant to this Agreement,

the consummation of the sale of the Assets by the Closing Date (or by the delayed Closing Date, as applicable) and the obligations of

Buyer relating to the Purchase Price. However, if the date specified in this Agreement for giving any notice or taking any action is

not a Business Day (or if the period during which any notice is required to be given or any action taken expires on a date which is not

a Business Day), then the date for giving such notice or taking such action (and the expiration date of such period during which notice

is required to be given or action taken) is the next day which is a Business Day.

11.14

Specific Performance. Without limitation of any other provision in this Agreement, each Party acknowledges that an award

of damages for failure to comply with this Agreement would not be an adequate remedy for the Party attempting to enforce this Agreement,

and accordingly the parties expressly authorize any such Party to bring an action against any other party to compel specific performance

of its obligations to comply with such provisions without the necessity of posting bond or other security in connection therewith. The

remedy of specific performance shall be the sole remedy of each of Buyer and Seller hereunder.

11.15

Assignment. No Party may assign all or any part of this Agreement, nor may any Party assign or delegate any of its rights

or duties hereunder, without the prior written consent of the other Party. This Agreement is binding upon and inures to the benefit of

the Parties and their respective successors and permitted assigns.

11.16

Preparation of Agreement. Both Seller and Buyer and their respective counsel participated in the preparation of this Agreement.

In the event of any ambiguity in this Agreement, no presumption shall arise based on the identity of the draftsman of this Agreement.

11.17

Severability. If any term or other provision of this Agreement is invalid, illegal or incapable of being enforced by any rule

of Law or public policy, all other conditions and provisions of this Agreement shall nevertheless remain in full force and effect so

long as the economic or legal substance of the transactions contemplated hereby is not affected in any adverse manner to any Party. Upon

such determination that any term or other provision is invalid, illegal or incapable of being enforced, the Parties shall negotiate in

good faith to modify this Agreement so as to effect the original intent of the Parties as closely as possible in an acceptable manner

to the end that the transactions contemplated hereby are fulfilled to the extent possible.

[Signature

Page Follows]

WITNESS WHEREOF, the Parties have executed this Agreement by their duly authorized representatives on and as of the Execution Date.

The

Pfanenstiel Company, LLC

By:

Name:

Title:

Callan

Power LLC

By:

Name:

Title:

SIGNATURE

PAGE TO PURCHASE AND SALE AGREEMENT

Annex

Definitions

“Affiliate”

means, with respect to any Party, a Person that directly or indirectly, through one or more intermediaries, Controls, is Controlled by

or is under common Control with, such Party.

“AFE”

means an authorization for expenditure.

“Agreement”

has the meaning set forth in the preamble to this Agreement.

“Assets”

means Seller’s right, title and interest in and to the following from and after the Effective Time: (a) fifty percent (50%) of

Seller’s interest in the oil and gas leases described on Exhibit A (the “Leases”); (b)

fifty percent (50%) of Seller’s interest in the oil, gas, casinghead gas, coal bed methane, condensate and other gaseous and liquid

hydrocarbons or any combination thereof, sulphur extracted from hydrocarbons and all other lease substances (“Hydrocarbons”)

under the Leases and that may be produced and saved under or otherwise be allocated or attributed to the Leases; (c) fifty percent (50%)

of Seller’s interest in the oil, gas, water or injection wells located on Leases or Units, whether producing, shut-in or temporarily

abandoned, including those described on Exhibit B (the “Wells”) and including fifty percent (50%)

of Seller’s interest in the personal property, equipment, fixtures and improvements used in connection therewith; (d) fifty percent

(50%) of Seller’s interest in the unitization, pooling and communitization agreements, declarations, orders and the units created

thereby relating to the properties and interests described in clauses (a) through (c) or to the production, gathering, treatment, processing,

storage, sale, disposal and other handling of Hydrocarbons, if any, attributable to said properties and interests; (e) fifty percent

(50%) of Seller’s interest in all equipment, machinery, fixtures and other tangible personal property and improvements located

on or used or held for use in connection with the operation of the interests described in clauses (a) through (d) or the production,

gathering, treatment, processing, storage, sale, disposal, and other handling of Hydrocarbons attributable thereto, including any wells,

tanks, boilers, buildings, fixtures, injection facilities, saltwater disposal facilities, compression facilities, pumping units and engines,

platforms, flow lines, pipelines, gathering systems, gas and oil treating facilities, machinery, power lines, telephone and telegraph

lines, roads, and other appurtenances, improvements and facilities (all of the foregoing, collectively, the “Equipment”);

(f) fifty percent (50%) of Seller’s interest in all surface leases, permits, rights-of-way, licenses, easements and other surface

rights agreements used in connection with the production, gathering, treatment, processing, storage, sale, disposal and other handling

of Hydrocarbons or produced water from the interests described in clauses (a) through (e) (collectively, the “Surface Contracts”);

(g) fifty percent (50%) of Seller’s interest in all existing contracts and effective sales, purchase contracts, operating agreements,

exploration agreements, development agreements, balancing agreements, farmout agreements, service agreements, transportation, processing,

treatment or gathering agreements, equipment leases and other contracts, agreements and instruments, insofar as they directly relate

to the properties and interests described in clauses (a) through (f) (collectively, the “Contracts”); and (h)

copies of all the files, records and data relating to the items described in clauses (a) through (g) above, which records shall include,

without limitation: lease records, well records, division order records, well files, title records (including abstracts of title, title

opinions and memoranda, and title curative documents), (collectively, the “Records”).

ANNEX I

“Assignment”

means the Assignment from Seller to Buyer, pertaining to the Assets, satisfactory in form to the parties hereto.

“Business

Day” means a day (other than a Saturday or Sunday) on which commercial banks in Oklahoma are generally open for business.

“Buyer”

has the meaning set forth in the preamble to this Agreement.

“Buyer’s

Representatives” has the meaning set forth in Section 5.1(a)

“Casualty”

means a lightning, earthquake, wind, storm, flood or drought, or other act of God, or fire, explosion, condemnation, or exercise of any

right of eminent domain resulting in material damage to or loss of an Asset with a value to Buyer’s interest of at least [$200,000].

A Casualty does not include depletion due to normal production and depreciation, failure of equipment or casing, or loss of ability to

profitably market hydrocarbons.

“Closing”

has the meaning set forth in Section 9.1.

“Closing

Date” has the meaning set forth in Section 9.1.

“Code”

means the Internal Revenue Code of 1986, as amended.

“Contract”

has the meaning set forth in the definition of “Assets” above.

“Control”

and its derivatives mean, with respect to any Person, the possession, directly or indirectly, of the power to exercise or determine the

voting of more than 50% of the voting rights in a corporation, and, in the case of any other type of entity, the right to exercise or

determine the voting of more than 50% of the equity interests having voting rights, or otherwise to direct or cause the direction of

the management and policies of such Person, whether by contract or otherwise.

“Customary

Post-Closing Consents” means those consents and approvals from Governmental Authorities for the assignment of the Assets

to the Buyer that are customarily obtained after the assignment of properties similar to the Assets.

“Effective

Time” means the time immediately after the Closing has been consummated.

“Encumbrance”

means a mortgage, lien, security interest, pledge, charge or other encumbrance, and “Encumber” and other similar derivatives

shall be construed accordingly.

“Equipment”

has the meaning set forth in the definition of “Assets” above.

“Excluded

Assets” means: (i) those wellbores described on Exhibit C together with all associated leasehold and related

interests attributable thereto; (ii) all trade credits, all accounts, receivables and all other proceeds, income or revenues attributable

to the Assets prior to the Effective Time; (ii) all Hydrocarbons produced and sold from the Assets with respect to all periods prior

to the Effective Time; (iv) all audit rights with respect to any period prior to the Effective Time; and (v) all other assets of Seller

not specifically included in the definition of Assets.

ANNEX I

“Execution

Date” has the meaning set forth in the preamble to this Agreement.

“Governmental

Authority” means any federal, state, local, municipal, tribal or other government; any governmental, regulatory or administrative

agency, commission, body or other authority exercising or entitle to exercise any administrative, executive, judicial, legislative, regulatory

or taxing authority or power; and any court or governmental tribunal, including any tribal authority having or asserting jurisdiction.

“Hydrocarbons”

has the meaning set forth in the definition of “Assets” above.

“Knowledge”

means with respect to Seller, the actual knowledge of Paul E. Kloberdanz, Jr. and with respect to Buyer, the actual knowledge of Wayne

Williams.

“Laws”

means any constitution, decree, resolution, law, statute, act, ordinance, rule, directive, order, treaty, code or regulation and any

injunction or final non-appealable judgment or any interpretation of the foregoing, as enacted, issued or promulgated by any Governmental

Authority.

“Leases”

has the meaning set forth in the definition of “Assets” above.

“Outside

Termination Date” has the meaning set forth in Section 10.1(a).

“Party”

and “Parties” have the meanings set forth in the preamble to this Agreement.

“Permitted

Encumbrances” means:

(a)

lessor’s royalties, non-participating royalties, overriding royalties, reversionary interests and similar burdens upon, measured

by or payable out of production;

(b)

liens for Taxes or assessments not yet due or delinquent;

(c)

Customary Post-Closing Consents;

(d)

all applicable Laws, and rights reserved to or vested in any Governmental Authority (i) to control or regulate any Asset in any manner;

(ii) by the terms of any right, power, franchise, grant, license or permit, or by any provision of Law, to terminate such right, power,

franchise grant, license or permit or to purchase, condemn, expropriate or recapture or to designate a buyer of any of the Assets; (iii)

to use such property in a manner which does not materially impair the use of such property for the purposes for which it is currently

owned and operated and (iv) to enforce any obligations or duties affecting the Assets to any Governmental Authority, with respect to

any franchise, grant, license or permit;

(e)

rights of a common owner of any interest in rights-of-way or easements currently held by Seller and such common owner as tenants in common

or through common ownership to the extent that the same does not materially impair the use or operation of the Assets as currently used

and operated;

ANNEX I

(f)

easements, conditions, covenants, restrictions, servitudes, permits, rights-of-way, surface leases and other rights in the Assets for

the purpose of surface operations, roads, alleys, highways, railways, pipelines, transmission lines, transportation lines, distribution

lines, power lines, telephone lines and removal of timber, grazing, logging operations, canals, ditches, reservoirs and other like purposes,

or for the joint or common use of real estate, rights-of-way, facilities and equipment, (in each case) that do not materially impair

the use, ownership or operation of the Assets (as currently owned and operated);

(g)

zoning and planning ordinances and municipal regulations;

(h)

vendors, carriers, warehousemen’s, repairmen’s, mechanics, workmen’s, materialmen’s, construction or other like

Encumbrances arising by operation of Law in the ordinary course of business or incident to the construction or improvement of any property

in respect of obligations that are not yet due;

(i)

Encumbrances created under Leases and/or joint operating agreements applicable to the Assets or by operation of Law in respect of obligations

that are not yet due;

(j)

any Encumbrance affecting the Assets which is discharged by Seller at or prior to Closing; and

(k)

the Leases and all other Encumbrances, joint operating agreements applicable to the Assets, agreements, instruments, obligations, defects

and irregularities affecting the Assets that (in each case) do not materially impair the use, ownership or operation of the Assets (as

currently owned and operated).

“Person”

means any individual, firm, corporation, partnership, limited liability company, joint venture, association, trust, unincorporated organization,

Governmental Authority or any other entity.

“Purchase

Price” has the meaning set forth in Section 2.2.

“Records”

has the meaning set forth in the definition of “Assets” above.

“Seller”

has the meaning set forth in the preamble to this Agreement.

“Supplemental

Payment” has the meaning set forth in Section 2.2.

“Surface

Contracts” has the meaning set forth in the definition of “Assets” above.

“Taxes”

shall mean any and all federal, state, local, foreign and other taxes or other assessments, including, without limitation, all net income,

gross income, gross receipts, sales, use, ad valorem, transfer, franchise, profits, profit share, license, lease, service, service use,

value added, withholding, payroll, employment, excise, estimated severance, stamp, occupation, premium, property, windfall profit or

other taxes of any kind whatsoever, together with any interests, penalties, additions to tax, fines or other additional amounts imposed

thereon or related thereto, and the term “Tax” means any one of the foregoing Taxes.

“Treasury

Regulations” means the regulations promulgated by the United States Department of the Treasury pursuant to and in respect

of provisions of the Internal Revenue Code. All references herein to sections of the Treasury Regulations shall include any corresponding

provision or provisions of succeeding, similar, substitute, proposed or final Treasury Regulations.

“Well”

has the meaning set forth in the definition of “Assets” above.

ANNEX I

EXHIBIT

Leases

SCHEDULE

OF LEASES (GROSS ACRES)

Lessor

Lessee

County

St.

Sec-Twp-Rng

Legal

Description

Gross

Acres

Date

of Lease

Robert

F. Volesky & Ottilia Volesky, as Trustees of the Robert F. Volesky Family Mineral Trust (EMPIRE ASSIGNMENT)

ARAPAHOE

BILLINGS

14-141N-98W

E/2

E/2, less 2.00 AC more fully described in Book 24, Page 179, Part of W/2 SE/4 more fully described in Book 33, Page 483

169.00

10/22/2009

Robert

F. Volesky & Ottilia Volesky, as Trustees of the Robert F. Volesky Family Mineral Trust (EMPIRE ASSIGNMENT)

ARAPAHOE

BILLINGS

22-141N-98W

E/2

320.00

10/22/2009

Robert

F. Volesky & Ottilia Volesky, as Trustees of the Robert F. Volesky Family Mineral Trust (EMPIRE ASSIGNMENT)

ARAPAHOE

BILLINGS

23-141N-98W

ALL

640.00

10/22/2009

Robert

F. Volesky & Ottilia Volesky, as Trustees of the Robert F. Volesky Family Mineral Trust (EMPIRE ASSIGNMENT)

ARAPAHOE

BILLINGS

26-141N-98W

N/2

320.00

10/22/2009

Anne

Hardy Fowler Estate

ARAPAHOE

BILLINGS

27-142N-98W

NE/4

160.00

09/09/2010

ARPAHOE

RESOURCES, LLC

PFANENSTIEL

BILLINGS

27-142N-98W

NE/4

160.00

11/23/2012

Sally

Ingerton Grantor Trust

ARAPAHOE

BILLINGS

27-142N-98W

NE/4

160.00

09/09/2010

Susan

Landers Grantor Trust

ARAPAHOE

BILLINGS

27-142N-98W

NE/4

160.00

09/09/2010

AGRIBANK,

FCB

ARAPAHOE

BILLINGS

8-143N-98W

NW/4

160.00

12/06/2010

MAP2006-OK

ARAPAHOE

BURKE

14-161N-90W

W/2

SW/4

80.00

03/09/2010

MAP2006-OK

ARAPAHOE

BURKE

32-161N-90W

E/2

SE/4

80.00

08/05/2010

Youngblood,

Ltd.

ARAPAHOE

BURKE

32-161N-90W

E/2

SE/4

80.00

12/28/2011

MAP2006-OK

ARAPAHOE

BURKE

33-161N-90W

W/2

SW/4

80.00

08/05/2010

MAP2006-OK

ARAPAHOE

BURKE

13-162N-90W

SE/4,

THIS LEASE ALSO ASSIGNS, TRANSFERS, SELLS AND CONVEYS UNTO LESSEE THE PERSONAL PROPERTY AND FIXTURES THEREON, APPURTENANT THERETO,

OR USED OR OBTAINED IN CONNECTION THEREWITH, INCLUDING BUT NOT LIMITED TO THE HILBERT 1 WELLBORE AND APPURTENANCES.

160.00

03/01/2011

HILBERT

WI AQUIRED FROM MAP & YB

PFANENSTIEL

BURKE

13-162N-90W

SE/4

160.00

DYER

B. McCABE, PROFESSIONAL LANDMAN, LLC

ARAPAHOE

BURKE

22-162N-90W

SE/4

0.00

04/25/2012

HAL

ROSS, A SINGLE PERSON

DYER

B. McCABE, PROFESSIONAL LANDMAN, LLC

BURKE

22-162N-90W

SE/4

160.00

04/12/2012

MAP2006-OK

ARAPAHOE

BURKE

6-160N-91W

S/2

NW/4 & W/2 SW/4

141.64

08/05/2010

YOUNGBLOOD,

LTD.

ARAPAHOE

BURKE

6-160N-91W

S/2

NW/4 & W/2 SW/4

141.64

09/28/2011

MAP2006-OK

ARAPAHOE

BURKE

23-161N-91W

S/2

320.00

08/10/2010

Youngblood,

Ltd.

ARAPAHOE

BURKE

23-161N-91W

S/2

320.00

07/10/2008

MAP2006-OK

ARAPAHOE

BURKE

11-160N-92W

NE/4

160.00

08/05/2010

A-1

Lessor

Lessee

County

St.

Sec-Twp-Rng

Legal

Description

Gross

Acres

Date

of Lease

YOUNGBLOOD,

LTD.

ARAPAHOE

BURKE

11-160N-92W

NE/4

160.00

09/28/2011

KIRBY

MINERALS

ARAPAHOE

BURKE

19-159N-94W

N/2

NE/4 & NE/4 NW/4

120.00

10/20/2011

ARAPAHOE

PFANENSTIEL

BURKE

7-160N-94W

LOTS

3 & 4, SE/4 & E/2 SW/4

305.68

01/18/2012

ARAPAHOE

PFANENSTIEL

BURKE

18-160N-94W

NW/4

145.92

01/18/2012

PFANENSTIEL

BURKE

6-160N-91W

S/2

NW/4 & W/2 SW/4

141.64

09/01/2025

PFANENSTIEL

BURKE

11-160N-92W

NE/4

160.00

09/01/2025

PFANENSTIEL

BURKE

14-161N-90W

W/2

SW/4

80.00

09/01/2025

PFANENSTIEL

BURKE

33-161N-90W

W/2

SW/4

80.00

09/01/2025

PFANENSTIEL

BURKE

23-161N-91W

S/2

320.00

09/01/2025

PFANENSTIEL

BURKE

15-161N-90W

E/2

SE/4

80.00

09/01/2025

PFANENSTIEL

BURKE

32-161N-90W

E/2

SE/4

80.00

09/01/2025

PFANENSTIEL

BURKE

13-162N-90W

160.00

09/01/2025

ARAPAHOE

PFANENSTIEL

DIVIDE

23-160N-100W

E/2

NW/4, S/2 NE/4, S/2 SW/4 & SE/4

400.00

05/11/2012

LoLisa

Horton Rev. Living Trust

ARAPAHOE

DIVIDE

23-160N-100W

E/2

NW/4 & S/2 NE/4 & S/2 SW/4 & SE/4

400.00

01/31/2011

Sally

Ingerton Grantor Trust

ARAPAHOE

DIVIDE

23-160N-100W

E/2

NW/4 & S/2 NE/4 & S/2 SW/4 & SE?4

400.00

01/31/2011

Susan

Landers Grantor Trust

ARAPAHOE

DIVIDE

23-160N-100W

E/2

NW/4 & S/2 NE/4 & S/2 SW/4 & SE?4

400.00

06/23/2014

ARAPAHOE

PFANENSTIEL

DIVIDE

27-160N-100W

NE/4

160.00

01/18/2012

LoLisa

Horton Rev. Living Trust

ARAPAHOE

DIVIDE

27-160N-100W

NE/4

160.00

02/12/2013

Sally

Ingerton Grantor Trust

ARAPAHOE

DIVIDE

27-160N-100W

NE/4

160.00

02/12/2013

Susan

Landers Grantor Trust

ARAPAHOE

DIVIDE

27-160N-100W

NE/4

160.00

02/12/2013

ANB,

Trustee of the Susan Landers grantor Trust, the Sally Ingerton Grantor Trust, & the Lolisa Horton Revocable Living Trust.

ARAPAHOE

DIVIDE

13-161N-100W

SE/4

160.00

10/29/2013

ARAPAHOE

PFANENSTIEL

DIVIDE

13-161N-100W

SE/4

160.00

05/11/2012

MAP2006-OK

ARAPAHOE

DIVIDE

24-161N-100W

W/2

320.00

10/04/2013

YOUNGBLOOD,

LTD.

ARAPAHOE

DIVIDE

24-161N-100W

W/2

320.00

10/08/2013

RYAN

OIL COMPANY

IRISH

O&G, INC.

DIVIDE

20-161N-100W

E/2

320.00

04/24/2014

RYAN

OIL COMPANY

OPTERYX

MINERAL MANAGEMENT, LP

DIVIDE

21-161N-100W

NW/4

160.00

07/02/2014

DERBY

ENERGY, LLC

IRISH

O&G, INC.

DIVIDE

26-161N-100W

W/2

NE/4, E/2 NW/4

160.00

05/07/2013

DEBORAH

A. VACEK, AKA DEBERAH A. VACEK

IRISH

O&G, INC.

DIVIDE

27-161N-100W

E/2

SE/4

80.00

05/02/2014

JOSEPH

G. HAUB

IRISH

O&G, INC.

DIVIDE

27-161N-100W

E/2

SE/4

80.00

05/02/2014

MARY

K. LOVEJOY

IRISH

O&G, INC.

DIVIDE

27-161N-100W

E/2

SE/4

80.00

05/02/2014

PATRICK

J. HAUB

IRISH

O&G, INC.

DIVIDE

27-161N-100W

E/2

SE/4

80.00

05/02/2014

SARAH

J. MARSHALL

IRISH

O&G, INC.

DIVIDE

27-161N-100W

E/2

SE/4

80.00

05/02/2014

WILLIAM

J. HAUB

IRISH

O&G, INC.

DIVIDE

27-161N-100W

E/2

SE/4

80.00

05/02/2014

PFANENSTIEL

DIVIDE

24-161N-100W

W/2

320.00

09/01/2025

PFANENSTIEL

DIVIDE

24-161N-101W

S/2

320.00

09/01/2025

PFANENSTIEL

DIVIDE

27-161N-101W

SW/4

160.00

09/01/2025

A-2

Lessor

Lessee

County

St.

Sec-Twp-Rng

Legal

Description

Gross

Acres

Date

of Lease

PFANENSTIEL

DIVIDE

18-163N-99W

NE/4

160.00

09/01/2025

PFANENSTIEL

DIVIDE

11-163N-100W

NE/4

160.00

09/01/2025

PFANENSTIEL

DIVIDE

12-163N-100W

SE/4

160.00

09/01/2025

ELIZABETH

G. SORENSEN

ELLIOTWEST,

INC.

DIVIDE

33-160N-101W

SW/4

160.00

03/14/2013

ILA

METCALF

ELLIOTWEST,

INC.

DIVIDE

33-160N-101W

SW/4

160.00

03/14/2013

MARLYS

HOFF

ELLIOTWEST,

INC.

DIVIDE

33-160N-101W

SW/4

160.00

03/14/2013

Oscar

Quarne Mineral Trust created this 30th day of December, 2013, by Greg Quarne, Trustee

Evolution

Energy, LLC

DIVIDE

35-160N-101W

E/2

160.00

07/25/2014

MAP2006-OK

ARAPAHOE

DIVIDE

24-161N-101W

S/2

320.00

05/13/2013

YOUNGBLOOD,

LTD.

ARAPAHOE

DIVIDE

24-161N-101W

SE/4

160.00

07/09/2013

YOUNGBLOOD,

LTD.

ARAPAHOE

DIVIDE

24-161N-101W

SW/4,

less a 2.00 acre tract more particularly described in book 29, page 195: Containing 158 acres more or less.

158.00

07/09/2013

MAP

2006-OK

ARAPAHOE

DIVIDE

27-161N-101W

SW/4

160.00

07/10/2013

YOUNGBLOOD,

LTD.

ARAPAHOE

DIVIDE

27-161N-101W

SW/4

160.00

07/09/2013

ALYCE

M. MAZUR

INTEGRITY

RESOURCS, LLC

DIVIDE

31-162N-101W

S/2

NE/4, SE/4

240.00

10/07/2013

ANN

T. MEZACK

INTEGRITY

RESOURCS, LLC

DIVIDE

31-162N-101W

S/2

NE/4, SE/4

240.00

10/07/2013

DAVID

ARNSON & JANICE B. ARNSON, HUSBAND AND WIFE

INTEGRITY

RESOURCS, LLC

DIVIDE

31-162N-101W

S/2

NE/4, SE/4

240.00

10/07/2013

EDWARD

C. GRIM

INTEGRITY

RESOURCS, LLC

DIVIDE

31-162N-101W

S/2

NE/4, SE/4

240.00

10/07/2013

FRANK

A. GRIM

INTEGRITY

RESOURCS, LLC

DIVIDE

31-162N-101W

S/2

NE/4, SE/4

240.00

10/07/2013

GERALD

W. GRIM

INTEGRITY

RESOURCS, LLC

DIVIDE

31-162N-101W

S/2

NE/4, SE/4

240.00

10/07/2013

ROBERT

E. GRIM

INTEGRITY

RESOURCS, LLC

DIVIDE

31-162N-101W

S/2

NE/4, SE/4

240.00

10/07/2013

SCOTT

GRIM

INTEGRITY

RESOURCS, LLC

DIVIDE

31-162N-101W

S/2

NE/4, SE/4

240.00

10/07/2013

ARAPAHOE

PFANENSTIEL

DIVIDE

14-160N-97W

NW/4

160.00

01/18/2012

LoLisa

Horton Rev. Living Trust

ARAPAHOE

DIVIDE

14-160N-97W

NW/4

160.00

12/30/2011

A-3

Lessor

Lessee

County

St.

Sec-Twp-Rng

Legal

Description

Gross

Acres

Date

of Lease

Sally

Ingerton Grantor Trust

ARAPAHOE

DIVIDE

14-160N-97W

NW/4

160.00

12/30/2011

Susan

Landers Grantor Trust

ARAPAHOE

DIVIDE

14-160N-97W

NW/4

160.00

12/30/2011

Ann

Fowler Grantor Trust

ARAPAHOE

DIVIDE

24-162N-98W

SW/4

160.00

04/28/2010

ARAPAHOE

RESOURCES

PFANENSTIEL

DIVIDE

24-162N-98W

SW/4

160.00

10/13/2011

Sally

Ingerton Grantor Trust

ARAPAHOE

DIVIDE

24-162N-98W

SW/4

160.00

04/28/2010

Susan

Landers Grantor Trust

ARAPAHOE

DIVIDE

24-162N-98W

SW/4

160.00

04/28/2010

PINE

PETROLEUM, INC.

ARAPAHOE

DIVIDE

31-160N-99W

N/2

SE/4

80.00

05/12/2015

PINE

PETROLEUM, INC.

ARAPAHOE

DIVIDE

33-160N-99W

SW/4

160.00

05/12/2015

Ann

Fowler Grantor Trust

ARAPAHOE

DIVIDE

6-161N-99W

SE/4

SW/4, Lot 3,4&5

158.23

7/30/2013

ARAPAHOE

PFANENSTIEL

DIVIDE

6-161N-99W

SE/4

NW/4 , LOTS 3, 4, & 5

158.23

05/11/2012

Sally

Ingerton Grantor Trust

ARAPAHOE

DIVIDE

6-161N-99W

SE/4

SW/4, Lot 3,4&5

158.23

7/30/2013

Susan

Landers Grantor Trust

ARAPAHOE

DIVIDE

6-161N-99W

SE/4

SW/4, Lot 3,4&5

158.23

7/30/2013

Ann

Fowler Grantor Trust

ARAPAHOE

DIVIDE

13-161N-99W

NW/4

160.00

07/30/2013

ARAPAHOE

PFANENSTIEL

DIVIDE

13-161N-99W

NW/4

160.00

05/11/2012

Sally

Ingerton Grantor Trust

ARAPAHOE

DIVIDE

13-161N-99W

NW/4

160.00

07/30/2013

Susan

Landers Grantor Trust

ARAPAHOE

DIVIDE

13-161N-99W

NW/4

160.00

07/30/2013

Ann

Fowler Grantor Trust

ARAPAHOE

DIVIDE

18-161N-99W

N/2

NW/4 & W/2 NE/4 & SW/4 NW/4 & Lots 2&3

318.83

07/30/2013

ARAPAHOE

PFANENSTIEL

DIVIDE

18-161N-99W

N/2

NW/4, W/2 NE/4, SE/4 NW/4, NE/4 SW/4 & LOT 2 & 3

318.83

05/11/2012

Sally

Ingerton Grantor Trust

ARAPAHOE

DIVIDE

18-161N-99W

N/2

NW/4 & W/2 NE/4 & SW/4 NW/4 & Lots 2&3

318.83

07/30/2013

Susan

Landers Grantor Trust

ARAPAHOE

DIVIDE

18-161N-99W

N/2

NW/4 & W/2 NE/4 & SW/4 NW/4 & Lots 2&3

318.83

07/30/2013

A.V.M.

INC

ARAPAHOE

DIVIDE

29-161N-99W

N/2,

N/2 SE/4

400.00

05/07/2013

ROBERT

POST JOHNSON

ARAPAHOE

DIVIDE

29-161N-99W

N/2,

N/2 SE/4

400.00

05/07/2013

TURMOIL,

INC.

ARAPAHOE

DIVIDE

29-161N-99W

N/2,

N/2 SE/4

400.00

05/07/2013

MAP2006-OK

ARAPAHOE

DIVIDE

18-163N-99W

NE/4

160.00

02/02/2010

AGRIBANK,

FCB

G.G.ROSE

DIVIDE

7-160N-97W

SE/4

160.00

04/11/2012

PFANENSTIEL

DUNN

13-141N-96W

W/2

NW/4 & NE/4 NW/4

120.00

09/01/2025

PFANENSTIEL

DUNN

12-141N-96W

W/2

320.00

09/01/2025

PFANENSTIEL

DUNN

22-142N-95W

E/2

& NW/4

480.00

09/01/2025

PFANENSTIEL

DUNN

3-143N-96W

NW/4

& SE/4

320.00

09/01/2025

PFANENSTIEL

DUNN

4-143N-96W

SE/4

160.00

09/01/2025

PFANENSTIEL

DUNN

9-143N-96W

NE/4

160.00

09/01/2025

PFANENSTIEL

DUNN

22-145N-93W

SE/4

320.00

09/01/2025

PFANENSTIEL

DUNN

27-145N-93W

That

Part of N/2 NE/4 North of r-o-w of Northern Pacific Railway

55.26

09/01/2025

PFANENSTIEL

DUNN

4-145N-97W

S/2SE/4&SW/4

240.00

09/01/2025

PFANENSTIEL

DUNN

9-145N-97W

S/2

320.00

09/01/2025

PFANENSTIEL

DUNN

5-145N-97W

N/2

320.00

09/01/2025

PFANENSTIEL

DUNN

18-146N-92W

S/2

315.13

09/01/2025

MAP2006-OK

ARAPAHOE

DUNN

18-146N-92W

S/2

315.13

09/10/2010

Youngblood,

Ltd.

ARAPAHOE

DUNN

18-146N-92W

S/2

315.13

12/28/2010

LEANNE

A. MILLER

ARAPAHOE

DUNN

27-147N-92W

E/2

320.00

03/05/2012

MARILYN

J. EKSTROM

ARAPAHOE

DUNN

27-147N-92W

E/2

320.00

03/05/2012

MAP2006-OK

ARAPAHOE

DUNN

22-145N-93W

SW/4

NW/4 & S/2

360.00

09/10/2010

Youngblood,

Ltd.

ARAPAHOE

DUNN

22-145N-93W

SE/4

160.00

12/28/2010

MAP2006-OK

ARAPAHOE

DUNN

27-145N-93W

That

Part of N/2 NE/4 North of r-o-w of Northern Pacific Railway

55.26

09/10/2010

Youngblood,

Ltd.

ARAPAHOE

DUNN

27-145N-93W

That

Part of N/2 NE/4 North of r-o-w of Northern Pacific Railway

55.26

12/28/2010

AGRIBANK,

FCB

G.G.ROSE

DUNN

6-143N-94W

LOT

2, S/2 NE/4, NW/4 SE/4

160.00

11/10/2010

AGRIBANK,

FCB

G.G.ROSE

DUNN

8-143N-94W

W/2

320.00

11/10/2010

AGRIBANK,

FCB

G.G.ROSE

DUNN

17-143N-94W

NE/4

160.00

11/10/2010

AGRIBANK,

FCB

G.G.ROSE

DUNN

34-144N-94W

NE/4

160.00

11/10/2010

A-4

Lessor

Lessee

County

St.

Sec-Twp-Rng

Legal

Description

Gross

Acres

Date

of Lease

MAP2006-OK

ARAPAHOE

DUNN

22-142N-95W

E/2

& NW/4

480.00

03/24/2010

Youngblood,

Ltd.

ARAPAHOE

DUNN

22-142N-95W

E/2

& NW/4

480.00

12/01/2010

MAP2006-OK

ARAPAHOE

DUNN

12-141N-96W

W/2

320.00

03/24/2010

Youngblood,

Ltd.

ARAPAHOE

DUNN

12-141N-96W

W/2

320.00

06/20/2011

MAP2006-OK

ARAPAHOE

DUNN

13-141N-96W

W/2

NW/4 & NE/4 NW/4

120.00

03/24/2010

Youngblood,

Ltd.

ARAPAHOE

DUNN

13-141N-96W

W/2

NW/4 & NE/4 NW/4

120.00

06/20/2011

STATE

OF NORTH DAKOTA

KASMER

& AAFEDT OIL, INC.

DUNN

19-143N-94W

NE/4

LESS 11.11 AC IN THE SE/4NE/4

148.89

05/04/2011

STATE

OF NORTH DAKOTA

KASMER

& AAFEDT OIL, INC.

DUNN

19-143N-94W

E/2NW/4,

LOTS 1,2

160.00

05/04/2011

STATE

OF NORTH DAKOTA

KASMER

& AAFEDT OIL, INC.

DUNN

19-143N-94W

SE/4

LESS EAST 88.89 AC

71.11

05/04/2011

STATE

OF NORTH DAKOTA

KASMER

& AAFEDT OIL, INC.

DUNN

19-143N-94W

E/2SW/4,

LOTS 3&4, LESS 1.7 AC IN SW CORNER

158.30

05/04/2011

STATE

OF NORTH DAKOTA

KASMER

& AAFEDT OIL, INC.

DUNN

32-142N-95W

N/2NE/4,SW/4NE/4

120.00

05/04/2011

STATE

OF NORTH DAKOTA

KASMER

& AAFEDT OIL, INC.

DUNN

32-142N-95W

NW/4SE/4

40.00

05/04/2011

Darwin

H. Muller Trust #1

ARAPAHOE

DUNN

18-143N-94W

NE/4

160.00

01/23/2012

MAP2006-OK

ARAPAHOE

DUNN

4-145N-97W

S/2SE/4&SW/4

240.00

06/02/2011

Youngblood,

Ltd.

ARAPAHOE

DUNN

4-145N-97W

S/2SE/4&SW/4

240.00

01/29/2008

MAP2006-OK

ARAPAHOE

DUNN

9-145N-97W

S/2

320.00

04/14/2011

Youngblood,

Ltd.

ARAPAHOE

DUNN

9-145N-97W

S/2

320.00

01/29/2008

Youngblood,

Ltd.

ARAPAHOE

DUNN

5-145N-97W

N/2

320.00

06/20/2011

MAP2006-OK

ARAPAHOE

DUNN

5-145N-97W

N/2

320.00

03/03/2010

MAP2006-OK

ARAPAHOE

DUNN

3-143N-96W

NW/4

& SE/4

320.00

03/24/2010

MAP2006-OK

ARAPAHOE

DUNN

4-143N-96W

SE/4

160.00

03/24/2010

MAP2006-OK

ARAPAHOE

DUNN

9-143N-96W

NE/4

160.00

03/24/2010

PFANENSTIEL

MCKENZIE

10-146N-98W

SE/4

& NW/4

320.00

09/01/2025

PFANENSTIEL

MCKENZIE

11-146N-98W

SW/4

160.00

09/01/2025

PFANENSTIEL

MCKENZIE

14-146N-98W

N/2

320.00

09/01/2025

PFANENSTIEL

MCKENZIE

14-146N-98W

S/2

320.00

09/01/2025

PFANENSTIEL

MCKENZIE

7-149N-97W

LOTS

3 & 4 & SE/4 & E/2 SW/4

320.00

09/01/2025

PFANENSTIEL

MCKENZIE

24-149N-98W

NW/4

NE/4 & S/2 NW/4 & NE/4 NW/4 & SW/4

320.00

09/01/2025

PFANENSTIEL

MCKENZIE

1-146N-99W

LOTS

1,2,3 & 4 & S/2 N/2, LESS 7.5 ACRES IN NW/4 OF LOT 4

312.66

12/01/2025

PFANENSTIEL

MCKENZIE

26-147N-99W

N/2

& SE/4

480.00

12/01/2025

PFANENSTIEL

MCKENZIE

13-146N-98W

E/2

& SW/4

480.00

09/01/2025

PFANENSTIEL

MCKENZIE

30-149N-100W

SE/4&NW/4NE/4&

S/2NE/4&SE/4 NW/4

320.00

09/01/2025

PFANENSTIEL

MCKENZIE

17-150N-99W

W/2

320.00

09/01/2025

PFANENSTIEL

MCKENZIE

18-150N-99W

NE/4

160.00

09/01/2025

MAP2006-OK

ARAPAHOE

MCKENZIE

30-149N-100W

SE/4&NW/4NE/4&

S/2NE/4&SE/4 NW/4

320.00

09/29/2010

A-5

Lessor

Lessee

County

St.

Sec-Twp-Rng

Legal

Description

Gross

Acres

Date

of Lease

Youngblood,

Ltd.

ARAPAHOE

MCKENZIE

30-149N-100W

SE/4&NW/4NE/4&

S/2NE/4&SE/4 NW/4

320.00

06/20/2011

WILLIAM

E J WILSON, AS ATTORNEY IN FACT FOR ALICE L. WILSON, A WIDOW, INDIVIDUALLY AND AS SOLE HEIR OF H.K. WILSON, AKA H.H.K. WILSON, DECEASED.

KDM

PETRO MANAGEMENT

MCKENZIE

9-149N-102W

SE/4

160.00

08/28/2012

MAP2006-OK

ARAPAHOE

MCKENZIE

7-149N-97W

LOTS

3 & 4 & SE/4 & E/2 SW/4

320.52

09/29/2010

Youngblood,

Ltd.

ARAPAHOE

MCKENZIE

7-149N-97W

LOTS

3 & 4 & SE/4 & E/2 SW/4

320.00

01/29/2008

MAP2006-OK

ARAPAHOE

MCKENZIE

24-149N-98W

NW/4

NE/4 & S/2 NW/4 & NE/4 NW/4 & SW/4

320.00

03/03/2010

Youngblood,

Ltd.

ARAPAHOE

MCKENZIE

24-149N-98W

NW/4

NE/4 & S/2 NW/4 & NE/4 NW/4 & SW/4

320.00

01/29/2008

LARRY

DEWHIRST, A MARRIED MAN DEALING IN HIS SOLE AND SEPARATE PROPERTY

GREAT

NORTHERN ENERGY, INC.

MCKENZIE

16-146N-98W

ALL

640.00

08/18/2014

Amarillo

National Bank, Trustee of the Susan Landers grantor Trust, the Sally Ingerton Grantor Trust, & the Lolisa Horton Revocable Living

Trust.

ARAPAHOE

MCKENZIE

9-148N-101W

E/2

160.00

04/09/2012

ARAPAHOE

PFANENSTIEL

MCKENZIE

9-148N-101W

E/2

E/2 of Sec. 9 *

160.00

04/21/2011

Ann

Fowler Grantor Trust

ARAPAHOE

MCKENZIE

10-148N-101W

SW/4

NW/4, SE/4 NW/4 Sw/4 NE/4

120.00

01/08/2009

ARAPAHOE

PFANENSTIEL

MCKENZIE

10-148N-101W

SW/4

NW/4, SE/4 NW/4 Sw/4 NE/4

120.00

04/21/2011

Sally

Ingerton Grantor Trust

ARAPAHOE

MCKENZIE

10-148N-101W

SW/4

NW/4, SE/4 NW/4 Sw/4 NE/4

120.00

01/08/2009

Susan

Landers Grantor Trust

ARAPAHOE

MCKENZIE

10-148N-101W

SW/4

NW/4, SE/4 NW/4 Sw/4 NE/4

120.00

01/08/2009

ROBERT

STELLAR, A MARRIED MAN DEALING IN HIS SOLE & SEPARATE PROPERTY

KASMER

& AAFEDT OIL, INC.

MCKENZIE

7-148N-102W

SE/4

NW/4, E/2 SW/4, SW/4 SE/4

160.00

03/01/2010

Ann

Fowler Grantor Trust

ARAPAHOE

MCKENZIE

5-150N-99W

Lots

1&2 S/2 NE/4 NE/4 SE/4 SW/4 SE/4 SE/4 SW/4 of Sec. 5 *

280.08

01/08/2009

ARAPAHOE

RESOURCES

PFANENSTIEL

MCKENZIE

5-150N-99W

Lots

1&2 S/2 NE/4 NE/4 SE/4 SW/4 SE/4 SE/4 SW/4 of Sec. 5 *

280.08

04/21/2011

Sally

Ingerton Grantor Trust

ARAPAHOE

MCKENZIE

5-150N-99W

Lots

1&2 S/2 NE/4 NE/4 SE/4 SW/4 SE/4 SE/4 SW/4 of Sec. 5 *

280.08

01/08/2009

Susan

Landers Grantor Trust

ARAPAHOE

MCKENZIE

5-150N-99W

Lots

1&2 S/2 NE/4 NE/4 SE/4 SW/4 SE/4 SE/4 SW/4 of Sec. 5 *

280.08

01/08/2009

Ann

Fowler Grantor Trust

ARAPAHOE

MCKENZIE

8-150N-99W

E/2

NW/4 W/2 NE/4 SE/4 NE/4 of Sec. 8

200.00

01/08/2009

ARAPAHOE

RESOURCES

PFANENSTIEL

MCKENZIE

8-150N-99W

E/2

NW/4 W/2 NE/4 SE/4 NE/4 of Sec. 8

200.00

04/21/2011

Sally

Ingerton Grantor Trust

ARAPAHOE

MCKENZIE

8-150N-99W

E/2 NW/4 W/2 NE/4 SE/4 NE/4 of Sec. 8

200.00

01/08/2009

Susan

Landers Grantor Trust

ARAPAHOE

MCKENZIE

8-150N-99W

E/2

NW/4 W/2 NE/4 SE/4 NE/4 of Sec. 8

200.00

01/08/2009

MAP2006-OK

ARAPAHOE

MCKENZIE

17-150N-99W

W/2

320.00

09/29/2010

Youngblood,

Ltd.

ARAPAHOE

MCKENZIE

17-150N-99W

W/2

320.00

06/20/2011

MAP2006-OK

ARAPAHOE

MCKENZIE

18-150N-99W

NE/4

160.00

09/29/2010

Youngblood,

Ltd.

ARAPAHOE

MCKENZIE

18-150N-99W

NE/4

160.00

01/29/2008

MARSHALL

& WINSTON, INC.

ARAPAHOE

MCKENZIE

31-150N-99W

LOT1(39.14),

N/2NE/4, NE/4NW/4

159.14

06/08/2011

DIANA

GULLIKSON

KDM

PETRO MANAGEMENT

MCKENZIE

11-151N-104W

NE/4

40.00

12/02/2012

KIRBY

MINERALS

ARAPAHOE

MCKENZIE

19-151N-104W

E/2

320.00

07/24/2012

MYNA

LOY OLSON

O’s OIL CORPORATION

MCKENZIE

23-151N-104W

LOTS

3 & 6

104.15

8/2/2004,

extended 4/10/2008, extended 5/4/2011

A-6

Lessor

Lessee

County

St.

Sec-Twp-Rng

Legal

Description

Gross

Acres

Date

of Lease

KIRBY

MINERALS

ARAPAHOE

MCKENZIE

30-151N-104W

E/2

320.00

07/24/2012

Ann

Fowler Grantor Trust

ARAPAHOE

MCKENZIE

22-152N-99W

S/2

SE/4

80.00

01/08/2009

ARAPAHOE

RESOURCES

PFANENSTIEL

MCKENZIE

22-152N-99W

S/2

SE/4

80.00

04/21/2011

Sally

Ingerton Grantor Trust

ARAPAHOE

MCKENZIE

22-152N-99W

S/2

SE/4

80.00

01/08/2009

Susan

Landers Grantor Trust

ARAPAHOE

MCKENZIE

22-152N-99W

S/2

SE/4

80.00

01/08/2009

Ann

Fowler Grantor Trust

ARAPAHOE

MCKENZIE

27-152N-99W

ALL

640.00

01/08/2009

ARAPAHOE

RESOURCES

PFANENSTIEL

MCKENZIE

27-152N-99W

ALL

640.00

04/21/2011

Sally

Ingerton Grantor Trust

ARAPAHOE

MCKENZIE

27-152N-99W

ALL

640.00

01/08/2009

Susan

Landers Grantor Trust

ARAPAHOE

MCKENZIE

27-152N-99W

ALL

640.00

01/08/2009

KIRBY

MINERALS

ARAPAHOE

MCKENZIE

7-152N-101W

E/2

SE/4

80.00

03/13/2015

KIRBY

MINERALS

ARAPAHOE

MCKENZIE

25-153N-101W

W/2

320.00

01/20/2012

MAP2004-OK

ARAPAHOE

MCKENZIE

6-153N-97W

LOTS

2 & 7 & SW/4 NE/4

118.51

01/07/2008

MAP2004-OK

ARAPAHOE

MCKENZIE

7-153N-97W

LOT

38.89

01/07/2008

PFANENSTIEL

MOUNTRAIL

7-151N-90W

NE/4

160.00

09/01/2025

PFANENSTIEL

MOUNTRAIL

18-151N-90W

SE/4

160.00

09/01/2025

PFANENSTIEL

MOUNTRAIL

4-153N-89W

SW/4

160.00

09/01/2025

PFANENSTIEL

MOUNTRAIL

4-155N-90W

NE/4NE/4

& NE/4NW/4 &S/2SE/4

160.00

09/01/2025

PFANENSTIEL

MOUNTRAIL

3-155N-90W

SE/4NW/4

& NE/4SW/4

80.00

09/01/2025

PFANENSTIEL

MOUNTRAIL

3-155N-90W

W/2NW/4

& NW/4SW/4 & S/2SW/4

200.00

09/01/2025

PFANENSTIEL

MOUNTRAIL

9-155N-90W

NE/4

160.00

09/01/2025

PFANENSTIEL

MOUNTRAIL

27-156N-90W

SE/4

SW/4 & S/2 SE/4

120.00

09/01/2025

PFANENSTIEL

MOUNTRAIL

7-157N-91W

E/2

SE/4

80.00

09/01/2025

MAP2006-OK

ARAPAHOE

MOUNTRAIL

7-151N-90W

NE/4

160.00

01/14/2010

MAP2006-OK

ARAPAHOE

MOUNTRAIL

18-151N-90W

SE/4

160.00

01/14/2010

HIDDEN

HILL

PFANENSTIEL

MOUNTRAIL

4-151N-92W

SE/4

160.00

10/14/2014

DEANNE

L. WOLF AND JAMES H. WOLF (ASSIGNMENT)

SEADRIFT

INVESTMENTS

MOUNTRAIL

4-151N-92W

SE/4

160.00

12/09/2008

MAP2006-OK

ARAPAHOE

MOUNTRAIL

4-153N-89W

SW/4

160.00

01/14/2010

Youngblood,

Ltd.

ARAPAHOE

MOUNTRAIL

4-153N-89W

SW/4

160.00

01/29/2008

MAP2004-OK

ARAPAHOE

MOUNTRAIL

7-154N-93W

LOTS

3 & 4 & E/2 W/2 & E/2 NE/4

555.04

11/10/2009

MAP2004-OK

ARAPAHOE

MOUNTRAIL

13-154N-94W

S/2

160.00

11/19/2009

MAP2004-OK

ARAPAHOE

MOUNTRAIL

24-154N-94W

N/2

320.00

8/20/2012

EFFECTIVE 11/20/2012

MAP2006-OK

ARAPAHOE

MOUNTRAIL

9-155N-90W

NE/4

160.00

11/13/2014

BOK,

Trustee of the Eddie Aalgaard Trust

ARAPAHOE

MOUNTRAIL

1-155N-93W

S/2

NW/4 & Lots 3&4

160.28

06/30/2008

Ann

Fowler Grantor Trust

ARAPAHOE

MOUNTRAIL

30-155N-94W

E/2

NW/4&NW/4NE/4&E/2NE/4&LOT2

236.26

05/19/2008

ARAPAHOE

PFANENSTIEL

MOUNTRAIL

30-155N-94W

E/2

NW/4&NW/4NE/4&E/2NE/4&LOT2

236.26

04/26/2010

A-7

Lessor

Lessee

County

St.

Sec-Twp-Rng

Legal

Description

Gross

Acres

Date

of Lease

Sally

Ingerton Grantor Trust

ARAPAHOE

MOUNTRAIL

30-155N-94W

E/2

NW/4&NW/4NE/4&E/2NE/4&LOT2

236.26

05/19/2008

Susan

Landers Grantor Trust

ARAPAHOE

MOUNTRAIL

30-155N-94W

E/2

NW/4&NW/4NE/4&E/2NE/4&LOT2

236.26

05/19/2008

COLORADO

STATE BANK AND TRUST COMPANY, N.A., TRUSTEE OF THE T.E. MCCLINTOCK T/U/W FBO ELIZABETH M. NIKOLORIC

ARAPAHOE

MOUNTRAIL

6-156N-94W

LOT

33.79

06/30/2008

COLORADO

STATE BANK AND TRUST COMPANY, N.A., TRUSTEE OF THE T.E. MCCLINTOCK T/U/W FBO ELIZABETH M. NIKOLORIC

ARAPAHOE

MOUNTRAIL

6-156N-94W

LOT

33.79

06/30/2008

BOK,

N.A., AS AGENT FOR U.S. BANK, N.A., TRUSTEE OF THE T.E. MCCLINTOCK T/U/W FBO MARY M. SWIFT

ARAPAHOE

MOUNTRAIL

6-156N-94W

LOT

33.79

06/30/2008

MAP2006-OK

ARAPAHOE

MOUNTRAIL

7-157N-91W

E/2

SE/4

80.00

01/14/2010

MERCO

OF OKLAHOMA, INC.

ARAPAHOE

MOUNTRAIL

7-157N-91W

E/2

SE/4

80.00

05/21/2011

Youngblood,

Ltd.

ARAPAHOE

MOUNTRAIL

7-157N-91W

E/2

SE/4

80.00

06/20/2011

The

Triple T, Inc.

ARAPAHOE

MOUNTRAIL

16-157N-91W

NE/4

160.00

04/06/2009

ORTHWEIN

ENERGY, L.P.

BEAR

CREEK ENERGY, LLC

MOUNTRAIL

1-158N-92W

S/2

160.00

02/01/2013

ORTHWEIN

ENERGY, L.P.

BEAR

CREEK ENERGY, LLC

MOUNTRAIL

12-158N-92W

E/2

320.00

02/01/2013

ORTHWEIN

ENERGY, L.P.

BEAR

CREEK ENERGY, LLC

MOUNTRAIL

13-158N-92W

NE/4

160.00

02/01/2013

MAP2004-OK

ARAPAHOE

MOUNTRAIL

27-158N-92W

SW/4

160.00

08/23/2011

SUSAN

C. HOVE-PABST, JOAN G. THOMPSON, AS TRUSTEES OF THE JOHN G. HOVE REVOCABLE LIVING TRUST (EKBLAD ENERGY ASSIGN.)

EKBLAD

ENERGY, INC.

MOUNTRAIL

7-158N-93W

LOTS

3,4, E/2 SW/4, SE/4

315.80

06/27/2009

SUSAN

C. HOVE-PABST, JOAN G. THOMPSON, AS TRUSTEES OF THE JOHN G. HOVE REVOCABLE LIVING TRUST (EKBLAD ENERGY ASSIGN.)

EKBLAD

ENERGY, INC.

MOUNTRAIL

12-158N-94W

SE/4

SW/4, SW/4 SE/4

80.00

06/27/2009

SUSAN

C. HOVE-PABST, JOAN G. THOMPSON, AS TRUSTEES OF THE JOHN G. HOVE REVOCABLE LIVING TRUST (EKBLAD ENERGY ASSIGN.)

EKBLAD

ENERGY, INC.

MOUNTRAIL

13-158N-94W

N/2

NE/4

80.00

06/27/2009

PFANENSTIEL

STARK

21-139N-97W

SE/4

160.00

09/01/2025

PFANENSTIEL

STARK

8-140N-98W

E/2

SE/4 & NW/4 SE/4 & NE/4 SW/4

160.00

09/01/2025

PFANENSTIEL

STARK

9-140N-98W

SW/4

160.00

09/01/2025

PFANENSTIEL

STARK

17-140N-98W

SE/4

160.00

09/01/2025

PFANENSTIEL

STARK

4-140N-98W

S/2

SW/4, NE/4 SW/4

120.00

09/01/2025

MAP2006-OK

ARAPAHOE

STARK

21-139N-97W

SE/4

160.00

11/08/2010

MAP2006-OK

ARAPAHOE

STARK

4-140N-98W

S/2

SW/4 & NE/4 SW/4

120.00

09/27/2010

MAP2006-OK

ARAPAHOE

STARK

8-140N-98W

E/2

SE/4 & NW/4 SE/4 & NE/4 SW/4

160.00

09/27/2010

MAP2006-OK

ARAPAHOE

STARK

9-140N-98W

SW/4

160.00

09/27/2010

A-8

Lessor

Lessee

County

St.

Sec-Twp-Rng

Legal

Description

Gross

Acres

Date

of Lease

MAP2006-OK

ARAPAHOE

STARK

17-140N-98W

SE/4

160.00

09/27/2010

Harrington

Cancer Center, Baptist St. Anthony’s Health System

ARAPAHOE

STARK

17-139N-99W

E/2

320.00

12/24/2010

Harrington

Cancer Center, Baptist St. Anthony’s Health System

ARAPAHOE

STARK

30-139N-99W

E/2

320.00

12/24/2010

Harrington

Cancer Center, Baptist St. Anthony’s Health System

ARAPAHOE

STARK

31-139N-99W

LOTS

1,2,3,4, E/2 W/2, & E/2

618.56

12/24/2010

Harrington

Cancer Center, Baptist St. Anthony’s Health System

ARAPAHOE

STARK

32-139N-99W

SW/4

160.00

12/24/2010

PFANENSTIEL

WILLIAMS

12-159N-98W

N/2

S/2

160.00

09/01/2025

CHARLOTTE

KORB

TAME

OIL AND GAS, LLC

WILLIAMS

17-153N-102W

N/2

SE/4 LESS 14.98 ACRES OF STATE HIGHWAY AND RAILROAD RIGHT-OF-WAY

N/A

JACK

M. SWEENEY

TAME

OIL AND GAS, LLC

WILLIAMS

17-153N-102W

N/2

SE/4

N/A

LOUIS

MORIN ALLOTMENT OF THE TURTLE MOUNTAN BAND OF CHIPPEWA TRIBES OF INDIANS

TAME

OIL AND GAS, LLC

WILLIAMS

17-153N-102W

N/2

SE/4, LESS 14.98 ACRES DESCRIBED AS FOLLOWS: BEGINNING AT THE EAST QUARTER CORNER OF SAID SEC. 17, THENCE SOUTH ALONG THE EAST LINE

OF SAID SEC. A DISTANCE OF 1320 FEET, TO THE SOURTH SIXTEENTH LINE THEREOF, THENCE WEST ALONG SAID SOUTH SIXTEENTH LINE A DISTANCE

OF 900 FEET THENCE NORTHEASTERLY A DISTANCE OF 1650 FEET MORE OR LESS TO THE POINT OF BEGINNING.

N/A

HEIRS

TO VIOLET DESJARLAIS ALLOTMENT OF THE TURTLE MOUNTAIN BANK OF CHIPPEWA TRIBES OF INDIANS

TAME

OIL AND GAS, LLC

WILLIAMS

30-153N-102W

LOT

N/A

THE

STATE OF NORTH DAKOTA ACTING BY AND THROUGH THE BOARD OF UNIVERSITY AND SCHOOL LANDS AND ITS AGENT, THE COMMISSIONER OF UNIVERSITY

AND SCHOOL LANDS

TAME

OIL AND GAS, LLC

WILLIAMS

7-154N-96W

NE/4

NW/4 & LOT 1

80.00

05/05/2009

ARAPAHOE

PFANENSTIEL

WILLIAMS

5-154N-103W

Lot

4 of Sec. 5

40.00

04/21/2011

LoLisa

Horton Revocable Living Trust

ARAPAHOE

WILLIAMS

5-154N-103W

Lot

4 of Sec. 5

40.00

01/08/2012

Sally

Ingerton Grantor Trust

ARAPAHOE

WILLIAMS

5-154N-103W

Lot

4 of Sec. 5

40.00

01/08/2012

Susan

Landers Grantor Trust

ARAPAHOE

WILLIAMS

5-154N-103W

Lot

4 of Sec. 5

40.00

01/08/2012

Ann

Fowler Grantor Trust

ARAPAHOE

WILLIAMS

6-154N-103W

Lots

1-3 S/2 NE/4,SE/4 NW/4, E/2 SW/4 & SE/4 of Sec. 6

480.00

01/08/2009

ARAPAHOE

PFANENSTIEL

WILLIAMS

6-154N-103W

Lots

1-3 S/2 NE/4,SE/4 NW/4, E/2 SW/4 & SE/4 of Sec. 6

480.00

04/21/2011

Sally

Ingerton Grantor Trust

ARAPAHOE

WILLIAMS

6-154N-103W

Lots

1-3 S/2 NE/4,SE/4 NW/4, E/2 SW/4 & SE/4 of Sec. 6

480.00

01/08/2009

Susan

Landers Grantor Trust

ARAPAHOE

WILLIAMS

6-154N-103W

Lots

1-3 S/2 NE/4,SE/4 NW/4, E/2 SW/4 & SE/4 of Sec. 6

480.00

01/08/2009

KIRBY

MINERALS

ARAPAHOE

WILLIAMS

3-155N-99W

All

that part of the NW/4 of the NW/4 of Section 3-155N-99W, described as follows: beginning at the northwest corner of Section 3; thence

east along the North line of the Section a distance of 280’ thence southwesterly on a straight line to a point in the west

line of the section distant of 120’ south of the northwest corner thereof; thence north to the poin of beinning, contianing

thirty-eight hundredths (.38) acres, more or less.

0.38

06/13/2012

Ann

Fowler Grantor Trust

ARAPAHOE

WILLIAMS

29-155N-103W

N/2

NE/4 & NE/4 NW/4

120.00

01/08/2009

ARAPAHOE

RESOURCES

PFANENSTIEL

WILLIAMS

29-155N-103W

N/2

NE/4 & NE/4 NW/4

120.00

04/26/2010

Sally

Ingerton Grantor Trust

ARAPAHOE

WILLIAMS

29-155N-103W

N/2

NE/4 & NE/4 NW/4

120.00

01/08/2009

A-9

Lessor

Lessee

County

St.

Sec-Twp-Rng

Legal

Description

Gross

Acres

Date

of Lease

Susan

Landers Grantor Trust

ARAPAHOE

WILLIAMS

29-155N-103W

N/2

NE/4 & NE/4 NW/4

120.00

01/08/2009

ANN

FOWLER GRANTOR TRUST

ARAPAHOE

WILLIAMS

18-156N-103W

LOT

167.41

09/25/2009

Ann

Fowler Grantor Trust

ARAPAHOE

WILLIAMS

7-156N-103W

Lots

1-4 of Sec. 7; W/2 E/2 W/2 of Sec. 7

293.86

11/17/2009

ARAPAHOE

PFANENSTIEL

WILLIAMS

7-156N-103W

Lots

1-4 of Sec. 7; W/2 E/2 W/2 of Sec. 7

293.86

04/21/2011

Sally

Ingerton Grantor Trust

ARAPAHOE

WILLIAMS

7-156N-103W

Lots

1-4 of Sec. 7; W/2 E/2 W/2 of Sec. 7

293.86

11/17/2009

Susan

Landers Grantor Trust

ARAPAHOE

WILLIAMS

7-156N-103W

Lots

1-4 of Sec. 7; W/2 E/2 W/2 of Sec. 7

293.86

11/17/2009

ARAPAHOE

PFANENSTIEL

WILLIAMS

18-156N-103W

LOT

33.49

04/21/2011

Sally

Ingerton Grantor Trust

ARAPAHOE

WILLIAMS

18-156N-103W

LOT

167.41

09/25/2009

Susan

Landers Grantor Trust

ARAPAHOE

WILLIAMS

18-156N-103W

LOT

167.41

09/25/2009

ARAPAHOE

PFANENSTIEL

WILLIAMS

13-156N-104W

NW/4

320.00

04/21/2011

LoLisa

Horton Revocable Living Trust

ARAPAHOE

WILLIAMS

13-156N-104W

NW/4

480.00

04/18/2013

Sally

Ingerton Grantor Trust

ARAPAHOE

WILLIAMS

13-156N-104W

NW/4

480.00

04/18/2013

Susan

Landers Grantor Trust

ARAPAHOE

WILLIAMS

13-156N-104W

NW/4

480.00

04/18/2013

IONE

A. REDER

BOLE

RESOURCES, LLC

WILLIAMS

24-156N-104W

SW/4

160.00

02/06/2013

MYRA

G. AHRENS

BOLE

RESOURCES, LLC

WILLIAMS

24-156N-104W

SW/4

160.00

02/06/2013

IONE

A. REDER

BOLE

RESOURCES, LLC

WILLIAMS

25-156N-104W

W/2

160.00

02/06/2013

MYRA

G. AHRENS

BOLE

RESOURCES, LLC

WILLIAMS

25-156N-104W

W/2

160.00

02/06/2013

KIRBY

MINERALS

ARAPAHOE

WILLIAMS

20-157N-99W

SW/4

160.00

11/18/2013

AGRIBANK,

FCB

G.G.

ROSE

WILLIAMS

27-157N-101W

S/2

160.00

10/01/2009

AGRIBANK

G.G.

ROSE, L.L.C.

WILLIAMS

1-157N-102W

SW/4,

S/2N/2, LOTS 1,2,3 & 4

479.76

10/01/2009

AGRIBANK

G.G.

ROSE, L.L.C.

WILLIAMS

1-157N-103W

SW/4,

S/2 NW/4, LOTS 3 & 4, S/2 NE/4, LOTS 1& 2

479.00

10/01/2009

AGRIBANK

G.G.

ROSE

WILLIAMS

4-157N-102W

NE/4,

Lots 1 & 2

159.48

10/01/2009

AGRIBANK

G.G.

ROSE

WILLIAMS

6-157N-102W

SE/4

NW/4, LOT 3

79.93

10/01/2009

ARAPAHOE

PFANENSTIEL

WILLIAMS

21-157N-103W

SW/4

160.00

01/18/2012

AGRIBANK

ARAPAHOE

WILLIAMS

4-157N-103W

S/2

NW/4, LOTS 3 & 4

160.00

10/01/2009

AGRIBANK

ARAPAHOE

WILLIAMS

9-157N-103W

S/2

SE/4

80.00

10/01/2009

AMY

B. BAUSTE AND WENDELL BAUSTE

KASMER

& AAFEDT OIL, INC.

WILLIAMS

21-158N-100W

SE/4

160.00

02/22/2011

AMY

REICH

KASMER

& AAFEDT OIL, INC.

WILLIAMS

21-158N-100W

SE/4

160.00

02/22/2011

BETTY

EIDSVOOG-LOGAN

KASMER

& AAFEDT OIL, INC.

WILLIAMS

21-158N-100W

SE/4

160.00

02/22/2011

CAROL

ANN EIDSVOOG

KASMER

& AAFEDT OIL, INC.

WILLIAMS

21-158N-100W

SE/4

160.00

02/22/2011

DORIS

EIDSVOOG MONTGOMERY

KASMER

& AAFEDT OIL, INC.

WILLIAMS

21-158N-100W

SE/4

160.00

02/22/2011

ELVERA

EIDSVOOG

KASMER

& AAFEDT OIL, INC.

WILLIAMS

21-158N-100W

SE/4

160.00

02/22/2011

EVONNE

ELSENBROEK

KASMER

& AAFEDT OIL, INC.

WILLIAMS

21-158N-100W

SE/4

160.00

02/22/2011

A-10

Lessor

Lessee

County

St.

Sec-Twp-Rng

Legal

Description

Gross

Acres

Date

of Lease

HEIDI

RYEN

KASMER

& AAFEDT OIL, INC.

WILLIAMS

21-158N-100W

SE/4

160.00

02/22/2011

JAMES

RYEN

ARAPAHOE

RESOURCES

WILLIAMS

21-158N-100W

SE/4

160.00

02/22/2011

LINDA

OWENS

KASMER

& AAFEDT OIL, INC.

WILLIAMS

21-158N-100W

SE/4

160.00

02/22/2011

MILES

EIDSVOOG, SR.

KASMER

& AAFEDT OIL, INC.

WILLIAMS

21-158N-100W

SE/4

160.00

02/22/2011

RENEE

GALL

KASMER

& AAFEDT OIL, INC.

WILLIAMS

21-158N-100W

SE/4

160.00

02/22/2011

RICK

EIDSVOOG

KASMER

& AAFEDT OIL, INC.

WILLIAMS

21-158N-100W

SE/4

160.00

02/22/2011

AMY

B. BAUSTE AND WENDELL BAUSTE

KASMER

& AAFEDT OIL, INC.

WILLIAMS

28-158N-100W

E/2

320.00

02/22/2011

AMY

REICH

KASMER

& AAFEDT OIL, INC.

WILLIAMS

28-158N-100W

E/2

320.00

02/22/2011

BETTY

EIDSVOOG-LOGAN

KASMER

& AAFEDT OIL, INC.

WILLIAMS

28-158N-100W

E/2

320.00

02/22/2011

CAROL

ANN EIDSVOOG

KASMER

& AAFEDT OIL, INC.

WILLIAMS

28-158N-100W

E/2

320.00

02/22/2011

DORIS

EIDSVOOG MONTGOMERY

KASMER

& AAFEDT OIL, INC.

WILLIAMS

28-158N-100W

E/2

320.00

02/22/2011

ELVERA

EIDSVOOG

KASMER

& AAFEDT OIL, INC.

WILLIAMS

28-158N-100W

E/2

320.00

02/22/2011

EVONNE

ELSENBROEK

KASMER

& AAFEDT OIL, INC.

WILLIAMS

28-158N-100W

E/2

320.00

02/22/2011

HEIDI

RYEN

KASMER

& AAFEDT OIL, INC.

WILLIAMS

28-158N-100W

E/2

320.00

02/22/2011

RENEE

GALL

KASMER

& AAFEDT OIL, INC.

WILLIAMS

28-158N-100W

E/2

320.00

02/22/2011

RICK

EIDSVOOG

KASMER

& AAFEDT OIL, INC.

WILLIAMS

28-158N-100W

E/2

320.00

02/22/2011

JAMES

RYEN

ARAPAHOE

RESOURCES

WILLIAMS

28-158N-100W

E/2

320.00

02/22/2011

LINDA

OWENS

KASMER

& AAFEDT OIL, INC.

WILLIAMS

28-158N-100W

E/2

320.00

02/22/2011

MILES

EIDSVOOG, SR.

KASMER

& AAFEDT OIL, INC.

WILLIAMS

28-158N-100W

E/2

320.00

02/22/2011

AGRIBANK,

FCB

G.G.

ROSE

WILLIAMS

30-158N-101W

SE/4,

LOTS 3 & 4, E/2 SW/4

314.78

10/01/2009

AGRIBANK,

FCB

G.G.

ROSE

WILLIAMS

30-158N-101W

SE/4,

LOTS 3 & 4, E/2 SW/4

314.78

10/01/2009

AGRIBANK,

FCB

G.G.

ROSE

WILLIAMS

31-158N-101W

SE/4

SW/4, Lot 4

77.69

10/01/2009

AGRIBANK,

FCB

G.G.

ROSE

WILLIAMS

31-158N-101W

SE/4

SW/4, Lot 4

77.69

10/01/2009

KIRK

D. MARTINEZ

ARAPAHOE

WILLIAMS

31-159N-96W

LOTS

3,4, E/2 SW/4

154.02

06/06/2012

VANTAGE

EXPLORATION, LLC

ARAPAHOE

WILLIAMS

31-159N-96W

LOTS

3,4, E/2 SW/4

154.02

07/06/2012

MAP2006-OK

ARAPAHOE

WILLIAMS

12-159N-98W

N/2

S/2

160.00

12/29/2010

KIRBY

MINERALS

ARAPAHOE

RESOURCES

RICHLAND

19-26N-53E

SE/4

NE/4 & N/2 SE/4 & SE/4 SE/4

160.00

09/01/2011

A-11

Lessor

Lessee

County

St.

Sec-Twp-Rng

Legal

Description

Gross

Acres

Date

of Lease

KIRBY

MINERALS

ARAPAHOE

RICHLAND

20-26N-53E

SW/4

NW/4 & W/2 SW/4 & SE/4 SW/4

160.00

09/01/2011

ANB,

AGENT FOR LOWNIECE HORTON EXECUTRIX OF THE ANNE HARDY FOWLER ESTATE

ARAPAHOE

SHERIDAN

32-31N-59E

S/2

NW & SW

240.00

03/15/2010

ANB,

TRUSTEE OF THE SALLY INGERTON GRANTOR TRUST

ARAPAHOE

SHERIDAN

32-31N-59E

S/2

NW & SW

240.00

03/15/2010

ANB,

TRUSTEE OF THE SUSAN LANDERS GRANTOR TRUST

ARAPAHOE

SHERIDAN

32-31N-59E

S/2

NW & SW

240.00

03/15/2010

DAVID

W. HARMON, DEALING IN HIS SOLE AND SEPARATE PROPERTY

TXP

OPERATING COMPANY

ROOSEVELT

17-27N-58E

S/2

NW/4, W/2 NE/4

160.00

03/23/1987

HARLEY

D. LEVERENZ, PERSONAL REPRESENTATVIE FOR THE BERIT LEVERENZ ESTATE

CONTINENTAL

RESOURCES,INC.

ROOSEVELT

17-27N-58E

ALL

160.00

05/25/2010

HARMON

FARMS, INCORPORATED

TXP

OPERATING COMPANY

ROOSEVELT

17-27N-58E

S/2

NW/4, W/2 NE/4

160.00

03/23/1987

LINDA

HODGE, A MARRIED WOMAN

CONTINENTAL

RESOURCES,INC.

ROOSEVELT

17-27N-58E

W/2

SE/4, E/2 SW/4

160.00

02/22/2010

ARAPAHOE

RESOURCES

PFANENSTIEL

ROOSEVELT

18-29N-57E

NE/4

& S/2 SW/4

240.00

01/23/2025

ARAPAHOE

RESOURCES

PFANENSTIEL

ROOSEVELT

19-29N-57E

N/2

NW/4

80.00

01/23/2025

ARAPAHOE

RESOURCES

PFANENSTIEL

ROOSEVELT

17-29N-57E

NE/4

NE/4, S/2 NE/4, SE/4 SE/4 NW/4, SW/4 NW/4 & E/2 SW/4

250.00

01/23/2025

TOTAL

74,204.20

A-12

EXHIBIT

Wells

WELL

LIST

Well

Name

Operator

[As Listed on the NDIC]

Full

Working Interest

Full

Net Revenue Interest

Consent

Status

Callan

Share – Working Interest

Callan

Share – Net Revenue Interest

State

County

API

EN-LONETREE

FARM- ###-##-####H-8

HESS

BAKKEN INVESTMENTS II, LLC

0.001278

0.001038

Consented

0.000639

0.000519

MOUNTRAIL

33061052550000

EN-NESET-

###-##-####H-6

HESS

BAKKEN INVESTMENTS II, LLC

0.002609

0.002120

Consented

0.001304

0.001060

MOUNTRAIL

33061049750000

EN-NESET-LW-

###-##-####H-1

HESS

BAKKEN INVESTMENTS II, LLC

0.001279

0.001039

Consented

0.000639

0.000520

MOUNTRAIL

33061049740000

EN-WEYRAUCH-

LW-154-93-1918H-1

HESS

BAKKEN INVESTMENTS II, LLC

0.007867

0.006136

Consented

0.003933

0.003068

MOUNTRAIL

33061034290000

EN-NESET-

###-##-####H-2

HESS

BAKKEN INVESTMENTS II, LLC

0.002609

0.002120

Consented

0.001304

0.001060

MOUNTRAIL

33061031740000

EN-NESET-

###-##-####H-3

HESS

BAKKEN INVESTMENTS II, LLC

0.002609

0.002120

Consented

0.001304

0.001060

MOUNTRAIL

33061031730000

EN-NESET-

###-##-####H-4

HESS

BAKKEN INVESTMENTS II, LLC

0.002609

0.002120

Consented

0.001304

0.001060

MOUNTRAIL

33061031720000

EN-NESET-

###-##-####H-5

HESS

BAKKEN INVESTMENTS II, LLC

0.002609

0.002120

Consented

0.001304

0.001060

MOUNTRAIL

33061031710000

EN-LEO

E- ###-##-####H-4

HESS

BAKKEN INVESTMENTS II, LLC

0.010416

0.008125

Consented

0.005208

0.004062

MOUNTRAIL

33061029690000

EN-LEO

E- ###-##-####H-5

HESS

BAKKEN INVESTMENTS II, LLC

0.010416

0.008125

Consented

0.005208

0.004062

MOUNTRAIL

33061029680000

EN-LEO

E- ###-##-####H-6

HESS

BAKKEN INVESTMENTS II, LLC

0.010416

0.008125

Consented

0.005208

0.004062

MOUNTRAIL

33061029670000

EN-LEO

E- ###-##-####H-7

HESS

BAKKEN INVESTMENTS II, LLC

0.010416

0.008125

Consented

0.005208

0.004062

MOUNTRAIL

33061029660000

EN-LEO-

###-##-####H-3

HESS

BAKKEN INVESTMENTS II, LLC

0.010416

0.008125

Consented

0.005208

0.004062

MOUNTRAIL

33061027830000

EN-LEO-

###-##-####H-2

HESS

BAKKEN INVESTMENTS II, LLC

0.010416

0.008125

Consented

0.005208

0.004062

MOUNTRAIL

33061027820000

EN-LEO

###-##-####H-1

HESS

BAKKEN INVESTMENTS II, LLC

0.010416

0.008125

Consented

0.005208

0.004062

MOUNTRAIL

33061025380000

EN-HYNEK-155-93-

0112H-3

HESS

BAKKEN INVESTMENTS II, LLC

0.003911

0.003178

Consented

0.001956

0.001589

MOUNTRAIL

33061017740000

EN-HYNEK-155-93-

0112H-2

HESS

BAKKEN INVESTMENTS II, LLC

0.003911

0.003178

Consented

0.001956

0.001589

MOUNTRAIL

33061017730000

RS-SHUHART-156-90-

2726H-3

HESS

BAKKEN INVESTMENTS II, LLC

0.005273

Consented

0.002637

MOUNTRAIL

33061012370000

RS-SHUHART-156-90-

2726H-2

HESS

BAKKEN INVESTMENTS II, LLC

0.005273

Consented

0.002637

MOUNTRAIL

33061012350000

RS-SHUHART-156-90-

2726H-1

HESS

BAKKEN INVESTMENTS II, LLC

0.005273

Consented

0.002637

MOUNTRAIL

33061012330000

B-1

Well

Name

Operator

[As Listed on the NDIC]

Full

Working Interest

Full

Net Revenue Interest

Consent

Status

Callan

Share – Working Interest

Callan

Share – Net Revenue Interest

State

County

API

BW-SHARON-LE-

150-100-2536H-1

HESS

BAKKEN INVESTMENTS II, LLC

0.003864

0.003091

Consented

0.001932

0.001546

MCKENZIE

33053053660000

BW-ELLEN

IDA- ###-##-####H-3

HESS

BAKKEN INVESTMENTS II, LLC

0.007771

0.006217

Consented

0.003886

0.003109

MCKENZIE

33053051550000

BW-ELLEN

IDA- ###-##-####H-2

HESS

BAKKEN INVESTMENTS II, LLC

0.007771

0.006217

Consented

0.003886

0.003109

MCKENZIE

33053051540000

BW-THELMA-150-99-

3031H-1

HESS

BAKKEN INVESTMENTS II, LLC

0.007771

0.006217

Consented

0.003886

0.003109

MCKENZIE

33053041310000

CRAIG

FEDERAL 5892 31-28 6B

OASIS

PETROLEUM NORTH AMERICA LLC

0.015408

0.012326

Consented

0.007704

0.006163

MOUNTRAIL

33061056150000

CRAIG

FEDERAL 5892 31-28 5B

OASIS

PETROLEUM NORTH AMERICA LLC

0.015408

0.012326

Consented

0.007704

0.006163

MOUNTRAIL

33061056140000

CRAIG

5892 31-28 4B

OASIS

PETROLEUM NORTH AMERICA LLC

0.015408

0.012327

Consented

0.007704

0.006163

MOUNTRAIL

33061056130000

CRAIG

5892 31-28 3B

OASIS

PETROLEUM NORTH AMERICA LLC

0.015408

0.012326

Consented

0.007704

0.006163

MOUNTRAIL

33061056120000

CRAIG

5892 31-28 2BX

OASIS

PETROLEUM NORTH AMERICA LLC

0.007704

0.006163

Consented

0.003852

0.003082

MOUNTRAIL

33061056110000

CLIFFSIDE

5103 41-7 6BX

WHITING

OIL AND GAS CORPORATION

0.002604

0.002083

Consented

0.001302

0.001042

MCKENZIE

33053106850000

CLIFFSIDE

FEDERAL 5103 41-7 5B

WHITING

OIL AND GAS CORPORATION

0.005208

0.004167

Consented

0.002604

0.002083

MCKENZIE

33053106840000

CLIFFSIDE

FEDERAL 5103 41-7 4B

WHITING

OIL AND GAS CORPORATION

0.005208

0.004167

Consented

0.002604

0.002083

MCKENZIE

33053106830000

CLIFFSIDE

FEDERAL 5103 41-7 3B

WHITING

OIL AND GAS CORPORATION

0.005208

0.004167

Consented

0.002604

0.002083

MCKENZIE

33053106820000

CLIFFSIDE

FEDERAL 5103 41-7 2B

WHITING

OIL AND GAS CORPORATION

0.005208

0.004167

Consented

0.002604

0.002083

MCKENZIE

33053106810000

PAULSON

FEDERAL 5104 44-13 6BX

WHITING

OIL AND GAS CORPORATION

0.011986

0.009469

Consented

0.005993

0.004734

MCKENZIE

33053106800000

LAKE

TRENTON FEDERAL 5302 21-31 5B

OASIS

PETROLEUM NORTH AMERICA LLC

0.000000

Consented

0.000000

WILLIAMS

33105062260000

LAKE

TRENTON FEDERAL 5302 21-31 4B

OASIS

PETROLEUM NORTH AMERICA LLC

0.000977

0.000772

Consented

0.000489

0.000386

WILLIAMS

33105062250000

LAKE

TRENTON FEDERAL 5302 21-31 2B

OASIS

PETROLEUM NORTH AMERICA LLC

0.000977

0.000772

Consented

0.000489

0.000386

WILLIAMS

33105062240000

LAKE

TRENTON FEDERAL 5302 21-31 3B

OASIS

PETROLEUM NORTH AMERICA LLC

0.000977

0.000772

Consented

0.000489

0.000386

WILLIAMS

33105061980000

HELMER

5604 13-13H

OASIS

PETROLEUM NORTH AMERICA LLC

0.035591

0.028160

Consented

0.017795

0.014080

WILLIAMS

33105029570000

HOUGHT

1-31-30H

ENERPLUS

RESOURCES USA CORPORATION

0.023380

0.018704

Consented

0.011690

0.009352

WILLIAMS

33105025460000

THOME

1-6-7H

ENERPLUS

RESOURCES USA CORPORATION

0.004757

0.003806

Consented

0.002379

0.001903

WILLIAMS

33105025170000

GARY

RUSSELL FEDERAL 19-20H

OASIS

PETROLEUM NORTH AMERICA LLC

0.006340

0.005009

Consented

0.003170

0.002504

WILLIAMS

33105025030000

B-2

Well

Name

Operator

[As Listed on the NDIC]

Full

Working Interest

Full

Net Revenue Interest

Consent

Status

Callan

Share – Working Interest

Callan

Share – Net Revenue Interest

State

County

API

PASTERNAK

1-4-9H

ENERPLUS

RESOURCES USA CORPORATION

0.009350

0.007480

Consented

0.004675

0.003740

WILLIAMS

33105024670000

AGRIBANK

157-101-34C-27-1H

ENERPLUS

RESOURCES USA CORPORATION

0.031201

0.024961

Consented

0.015601

0.012481

WILLIAMS

33105024450000

HOUGHT

1-1-12H

ENERPLUS

RESOURCES USA CORPORATION

0.028115

0.022493

Consented

0.014057

0.011246

WILLIAMS

33105024110000

SEVEN

1-4-9H

ENERPLUS

RESOURCES USA CORPORATION

0.014066

0.011253

Consented

0.007033

0.005627

WILLIAMS

33105023710000

HANSON

33-28H

OASIS

PETROLEUM NORTH AMERICA LLC

0.101190

0.080952

Consented

0.050595

0.040476

WILLIAMS

33105023600000

BEAN

5703 42-34H

OASIS

PETROLEUM NORTH AMERICA LLC

0.009527

0.007621

Consented

0.004763

0.003811

WILLIAMS

33105019010000

ZALESKY

14-8PH

WHITING

OIL AND GAS CORPORATION

0.025586

0.021322

Consented

0.012793

0.010661

STARK

33089007580000

ZALESKY

11-17PH

WHITING

OIL AND GAS CORPORATION

0.028125

0.023438

Consented

0.014063

0.011719

STARK

33089007570000

ZALESKY

21-17PH

WHITING

OIL AND GAS CORPORATION

0.028125

0.023438

Consented

0.014063

0.011719

STARK

33089007560000

KESSEL

41-17TFH

WHITING

OIL AND GAS CORPORATION

0.001305

0.001044

Consented

0.000652

0.000522

STARK

33089006420000

ZALESKY

34-8PH

WHITING

OIL AND GAS CORPORATION

0.025586

0.021322

Consented

0.012793

0.010661

STARK

33089006300000

DIETZ

21-17TFH

WHITING

OIL AND GAS CORPORATION

0.001305

0.001044

Consented

0.000652

0.000522

STARK

33089006080000

ARTHAUD

21-29TFH

WHITING

OIL AND GAS CORPORATION

0.001305

0.001044

Consented

0.000652

0.000522

STARK

33089006040000

BERRY

5493 44-7 12T

OASIS

PETROLEUM NORTH AMERICA LLC

0.146451

0.114231

Consented

0.073225

0.057116

MOUNTRAIL

33061041070000

BERRY

5493 44-7 14BX

OASIS

PETROLEUM NORTH AMERICA LLC

0.072586

0.056617

Consented

0.036293

0.028309

MOUNTRAIL

33061041050000

BERRY

5493 44-7 15TX

OASIS

PETROLEUM NORTH AMERICA LLC

0.072586

0.056617

Consented

0.036293

0.028309

MOUNTRAIL

33061041040000

BERRY

5493 42-7 8T

OASIS

PETROLEUM NORTH AMERICA LLC

0.146451

0.114231

Consented

0.073225

0.057116

MOUNTRAIL

33061041030000

BERRY

5493 42-7 9B

OASIS

PETROLEUM NORTH AMERICA LLC

0.146451

0.114231

Consented

0.073225

0.057116

MOUNTRAIL

33061041020000

BERRY

5493 41-7 4BX

OASIS

PETROLEUM NORTH AMERICA LLC

0.072637

0.056657

Consented

0.036318

0.028328

MOUNTRAIL

33061040980000

BERRY

5493 41-7 5TX

OASIS

PETROLEUM NORTH AMERICA LLC

0.072637

0.056657

Consented

0.036318

0.028328

MOUNTRAIL

33061040970000

BERRY

5493 41-7 6B

OASIS

PETROLEUM NORTH AMERICA LLC

0.146451

0.114231

Consented

0.073225

0.057116

MOUNTRAIL

33061040960000

BERRY

5493 41-7 7T

OASIS

PETROLEUM NORTH AMERICA LLC

0.146451

0.114231

Consented

0.073225

0.057116

MOUNTRAIL

33061040950000

SPRATLEY

5494 44-13 7B

OASIS

PETROLEUM NORTH AMERICA LLC

0.005208

0.004063

Consented

0.002604

0.002031

MOUNTRAIL

33061040480000

B-3

Well

Name

Operator

[As Listed on the NDIC]

Full

Working Interest

Full

Net Revenue Interest

Consent

Status

Callan

Share – Working Interest

Callan

Share – Net Revenue Interest

State

County

API

SPRATLEY

5494 44-13 6T

OASIS

PETROLEUM NORTH AMERICA LLC

0.005208

0.004063

Consented

0.002604

0.002031

MOUNTRAIL

33061040470000

SPRATLEY

5494 44-13 5B

OASIS

PETROLEUM NORTH AMERICA LLC

0.005208

0.004063

Consented

0.002604

0.002031

MOUNTRAIL

33061040460000

SPRATLEY

5494 44-13 4T

OASIS

PETROLEUM NORTH AMERICA LLC

0.005208

0.004063

Consented

0.002604

0.002031

MOUNTRAIL

33061040450000

SPRATLEY

FEDERAL 5494 44-13 3BX

OASIS

PETROLEUM NORTH AMERICA LLC

0.007813

0.006094

Consented

0.003906

0.003047

MOUNTRAIL

33061040440000

SPRATLEY

5494 14-13 16BX

OASIS

PETROLEUM NORTH AMERICA LLC

0.002604

0.002031

Consented

0.001302

0.001016

MOUNTRAIL

33061040350000

SPRATLEY

5494 14-13 15T

OASIS

PETROLEUM NORTH AMERICA LLC

0.005208

0.004063

Consented

0.002604

0.002031

MOUNTRAIL

33061040340000

SPRATLEY

5494 14-13 14B

OASIS

PETROLEUM NORTH AMERICA LLC

0.005208

0.004063

Consented

0.002604

0.002031

MOUNTRAIL

33061040330000

SPRATLEY

5494 14-13 13T

OASIS

PETROLEUM NORTH AMERICA LLC

0.005208

0.004063

Consented

0.002604

0.002031

MOUNTRAIL

33061040320000

SPRATLEY

5494 14-13 12B

OASIS

PETROLEUM NORTH AMERICA LLC

0.005208

0.004063

Consented

0.002604

0.002031

MOUNTRAIL

33061040310000

SPRATLEY

5494 34-13 11T

OASIS

PETROLEUM NORTH AMERICA LLC

0.005208

0.004063

Consented

0.002604

0.002031

MOUNTRAIL

33061036370000

SPRATLEY

5494 34-13 10B

OASIS

PETROLEUM NORTH AMERICA LLC

0.005208

0.004063

Consented

0.002604

0.002031

MOUNTRAIL

33061036360000

SPRATLEY

5494 34-13 9T

OASIS

PETROLEUM NORTH AMERICA LLC

0.005208

0.004063

Consented

0.002604

0.002031

MOUNTRAIL

33061036350000

SPRATLEY

5494 34-13 8B

OASIS

PETROLEUM NORTH AMERICA LLC

0.005208

0.004063

Consented

0.002604

0.002031

MOUNTRAIL

33061036340000

FOXTAIL

5892 42-12 #1H

OASIS

PETROLEUM NORTH AMERICA LLC

0.031250

0.024688

Consented

0.015625

0.012344

MOUNTRAIL

33061026740000

ELM

5892 42-12 #1H

OASIS

PETROLEUM NORTH AMERICA LLC

0.071839

0.056753

Consented

0.035920

0.028376

MOUNTRAIL

33061026730000

CRAWFORD

5493 44-7T

OASIS

PETROLEUM NORTH AMERICA LLC

0.146451

0.114231

Consented

0.073225

0.057116

MOUNTRAIL

33061025830000

MANGUM

5493 44-7 T3

OASIS

PETROLEUM NORTH AMERICA LLC

0.146451

0.114231

Consented

0.073225

0.057116

MOUNTRAIL

33061025820000

CRAIG

5892 31-28H

OASIS

PETROLEUM NORTH AMERICA LLC

0.030816

0.024653

Consented

0.015408

0.012326

MOUNTRAIL

33061022760000

SPRATLEY

5494 34-13H

OASIS

PETROLEUM NORTH AMERICA LLC

0.005208

0.004063

Consented

0.002604

0.002031

MOUNTRAIL

33061015800000

BERRY

5493 11-6H

OASIS

PETROLEUM NORTH AMERICA LLC

0.146451

0.114231

Consented

0.073225

0.057116

MOUNTRAIL

33061013120000

WOLD

FEDERAL 44-7-7H

WHITING

OIL AND GAS CORPORATION

0.000585

0.000468

Consented

0.000293

0.000234

MCKENZIE

33053079090000

WOLD

FEDERAL 44-7-6XH

WHITING

OIL AND GAS CORPORATION

0.000585

0.000468

Consented

0.000293

0.000234

MCKENZIE

33053079080000

B-4

Well

Name

Operator

[As Listed on the NDIC]

Full

Working Interest

Full

Net Revenue Interest

Consent

Status

Callan

Share – Working Interest

Callan

Share – Net Revenue Interest

State

County

API

WOLD

FEDERAL 44-7-5XH

WHITING

OIL AND GAS CORPORATION

0.000585

0.000468

Consented

0.000293

0.000234

MCKENZIE

33053079070000

WOLD

FEDERAL 44-7-4XH

WHITING

OIL AND GAS CORPORATION

0.000585

0.000468

Consented

0.000293

0.000234

MCKENZIE

33053079060000

WOLD

FEDERAL 44-7-3H

WHITING

OIL AND GAS CORPORATION

0.000585

0.000468

Consented

0.000293

0.000234

MCKENZIE

33053079050000

WOLD

FEDERAL 44-7-2H

WHITING

OIL AND GAS CORPORATION

0.000585

0.000468

Consented

0.000293

0.000234

MCKENZIE

33053079040000

WOLD

FEDERAL 44-7-6TFXH

WHITING

OIL AND GAS CORPORATION

0.000585

0.000468

Consented

0.000293

0.000234

MCKENZIE

33053079010000

WOLD

FEDERAL 44-7-5TFXH

WHITING

OIL AND GAS CORPORATION

0.000585

0.000468

Consented

0.000293

0.000234

MCKENZIE

33053079000000

WOLD

FEDERAL 44-7-4TFXH

WHITING

OIL AND GAS CORPORATION

0.000585

0.000468

Consented

0.000293

0.000234

MCKENZIE

33053078990000

WOLD

FEDERAL 44-7-3TFXH

WHITING

OIL AND GAS CORPORATION

0.000585

0.000468

Consented

0.000293

0.000234

MCKENZIE

33053078980000

WOLD

FEDERAL 44-7-1TFH

WHITING

OIL AND GAS CORPORATION

0.000585

0.000468

Consented

0.000293

0.000234

MCKENZIE

33053078960000

LOOMER

44-33TFHU

WHITING

OIL AND GAS CORPORATION

0.008680

0.006944

Consented

0.004340

0.003472

MCKENZIE

33053069090000

ECKERT

41X-6DXA

OASIS

PETROLEUM NORTH AMERICA LLC

0.000373

0.000299

Consented

0.000187

0.000149

MCKENZIE

33053064640000

ECKERT

41X-6H

OASIS

PETROLEUM NORTH AMERICA LLC

0.000492

0.000394

Consented

0.000246

0.000197

MCKENZIE

33053064600000

ECKERT

41X-6D

OASIS

PETROLEUM NORTH AMERICA LLC

0.000492

0.000394

Consented

0.000246

0.000197

MCKENZIE

33053063900000

ECKERT

41X-6G

OASIS

PETROLEUM NORTH AMERICA LLC

0.000492

0.000394

Consented

0.000246

0.000197

MCKENZIE

33053063890000

ECKERT

41X-6C

OASIS

PETROLEUM NORTH AMERICA LLC

0.000492

0.000394

Consented

0.000246

0.000197

MCKENZIE

33053063880000

EIDE

41-13HU

WHITING

OIL AND GAS CORPORATION

0.023817

0.019586

Consented

0.011908

0.009793

MCKENZIE

33053063870000

MAGNUM

3-36-25H

ENERPLUS

RESOURCES USA CORPORATION

0.000752

0.000601

Consented

0.000376

0.000301

MCKENZIE

33053040690000

KNUTE

FEDERAL 24-23H

WHITING

OIL AND GAS CORPORATION

0.035957

0.028406

Consented

0.017979

0.014203

MCKENZIE

33053040590000

MAGNUM

2-36-25H

ENERPLUS

RESOURCES USA CORPORATION

0.000752

0.000601

Consented

0.000376

0.000301

MCKENZIE

33053039440000

MAGNUM

1-36-25H

ENERPLUS

RESOURCES USA CORPORATION

0.000752

0.000601

Consented

0.000376

0.000301

MCKENZIE

33053039430000

CLIFFSIDE

FEDERAL 12-11H

WHITING

OIL AND GAS CORPORATION

0.007813

0.006250

Consented

0.003906

0.003125

MCKENZIE

33053036660000

WOLD

16-7H

WHITING

OIL AND GAS CORPORATION

0.001176

0.000941

Consented

0.000588

0.000471

MCKENZIE

33053032470000

LK-DOLEZAL-145-97-

0805H-1

ENERPLUS

RESOURCES USA CORPORATION

0.085056

0.067794

Consented

0.042528

0.033897

DUNN

33025015790000

MC-STECKLER-143-94-

0805H-1

ENERPLUS

RESOURCES USA CORPORATION

0.062500

0.050000

Consented

0.031250

0.025000

DUNN

33025015640000

B-5

Well

Name

Operator

[As Listed on the NDIC]

Full

Working Interest

Full

Net Revenue Interest

Consent

Status

Callan

Share – Working Interest

Callan

Share – Net Revenue Interest

State

County

API

WALLACE

7-1H

ENERPLUS

RESOURCES USA CORPORATION

0.032725

0.026180

Consented

0.016362

0.013090

DUNN

33025013110000

OBRIGEWITCH

4-1H

ENERPLUS

RESOURCES USA CORPORATION

0.090600

0.076072

Consented

0.045300

0.038036

DUNN

33025009630000

SMUGALA

27-1H

ENERPLUS

RESOURCES USA CORPORATION

0.031250

0.025000

Consented

0.015625

0.012500

DUNN

33025009070000

CALMERS

FEDERAL 6092 43-14T

OASIS

PETROLEUM NORTH AMERICA LLC

0.024740

0.020182

Consented

0.012370

0.010091

BURKE

33013017140000

MITBO

FEDERAL 6092 43-14H

OASIS

PETROLEUM NORTH AMERICA LLC

0.024740

0.020182

Consented

0.012370

0.010091

BURKE

33013016550000

COYOTE

FEDERAL 2758 43-8H 43-8H

OASIS

PETROLEUM NORTH AMERICA LLC

0.031250

0.024375

Consented

0.015625

0.012188

ROOSEVELT

25085219390000

BINSTOCK

21-30TFH

WHITING

OIL AND GAS CORPORATION

0.006588

0.005270

Consented

0.003294

0.002635

STARK

33089006210000

FREDERICKS

USA 43-26H

MARATHON

OIL COMPANY

0.015625

0.012695

Consented

0.007813

0.006348

DUNN

33025020020000

HELEN

2-8HSL

CONTINENTAL

RESOURCES, INC.

0.015619

0.012339

Consented

0.007809

0.006169

WILLIAMS

33105063330000

CHRISTIANA

8-6H

CONTINENTAL

RESOURCES, INC.

0.031235

0.024650

Consented

0.015617

0.012325

WILLIAMS

33105063310000

CHRISTIANA

7-6H

CONTINENTAL

RESOURCES, INC.

0.031235

0.024650

Consented

0.015617

0.012325

WILLIAMS

33105063200000

CHRISTINE

1-30 H1

CONTINENTAL

RESOURCES, INC.

0.008769

0.007015

Consented

0.004385

0.003508

WILLIAMS

33105030980000

CHRISTIANA

21X-6G

CONTINENTAL

RESOURCES, INC.

0.031235

0.024675

Consented

0.015617

0.012338

WILLIAMS

33105024920000

CHRISTIANA

21X-6B

CONTINENTAL

RESOURCES, INC.

0.031235

0.024675

Consented

0.015617

0.012338

WILLIAMS

33105020650000

CHARLOTTE

7X-22H

CONTINENTAL

RESOURCES, INC.

0.009774

0.007812

Consented

0.004887

0.003906

MCKENZIE

33053072170000

AKRON

5-34H1

CONTINENTAL

RESOURCES, INC.

0.017360

0.013888

Consented

0.008680

0.006944

MCKENZIE

33053050670000

AKRON

6-34H1

CONTINENTAL

RESOURCES, INC.

0.017360

0.013888

Consented

0.008680

0.006944

MCKENZIE

33053050660000

CHARLOTTE

6-22H2

CONTINENTAL

RESOURCES, INC.

0.002170

0.001736

Consented

0.001085

0.000868

MCKENZIE

33053047690000

CHARLOTTE

3-22H

CONTINENTAL

RESOURCES, INC.

0.002170

0.001736

Consented

0.001085

0.000868

MCKENZIE

33053043560000

AKRON

3-27AH

CONTINENTAL

RESOURCES, INC.

0.009773

0.007819

Consented

0.004887

0.003909

MCKENZIE

33053043270000

CHARLOTTE

5-22H

CONTINENTAL

RESOURCES, INC.

0.009773

0.007819

Consented

0.004887

0.003909

MCKENZIE

33053043260000

CHARLOTTE

2-22H

CONTINENTAL

RESOURCES, INC.

0.002170

0.001736

Consented

0.001085

0.000868

MCKENZIE

33053036690000

CHARLOTTE

1-22H

CONTINENTAL

RESOURCES, INC.

0.002170

0.001736

Consented

0.001085

0.000868

MCKENZIE

33053033580000

B-6

Well

Name

Operator

[As Listed on the NDIC]

Full

Working Interest

Full

Net Revenue Interest

Consent

Status

Callan

Share – Working Interest

Callan

Share – Net Revenue Interest

State

County

API

AKRON

1-27H

CONTINENTAL

RESOURCES, INC.

0.017360

0.013888

Consented

0.008680

0.006944

MCKENZIE

33053032810000

OLAF

1-7H

CONTINENTAL

RESOURCES, INC.

0.032244

0.025795

Consented

0.016122

0.012898

DIVIDE

33023008100000

BONDEVIK

1-14H

CONTINENTAL

RESOURCES, INC.

0.006510

0.005208

Consented

0.003255

0.002604

DIVIDE

33023007880000

BARMOEN

1-18H

CONTINENTAL

RESOURCES, INC.

0.003224

0.002579

Consented

0.001612

0.001290

BURKE

33013016490000

VOLESKY

1-23H1

CONTINENTAL

RESOURCES, INC.

0.050000

0.040000

Consented

0.025000

0.020000

BILLINGS

33007018160000

NARVIK

1-35H

CONTINENTAL

RESOURCES, INC.

0.010416

0.008333

Consented

0.005208

0.004167

BILLINGS

33007017320000

KUBAS

1-22H

CONTINENTAL

RESOURCES, INC.

0.031250

0.025000

Consented

0.015625

0.012500

BILLINGS

33007017290000

HARRIS

1-20H 1-20H

CONTINENTAL

RESOURCES, INC.

0.004334

0.003468

Consented

0.002167

0.001734

RICHLAND

25083231940000

AKRON

8-27HSL

CONTINENTAL

RESOURCES, INC.

0.004883

0.003906

Consented

0.002441

0.001953

MCKENZIE

33053073540000

CHARLOTTE

8-22HSL

CONTINENTAL

RESOURCES, INC.

0.004883

0.003906

Consented

0.002441

0.001953

MCKENZIE

33053073530000

CHARLOTTE

9-22H1SL

CONTINENTAL

RESOURCES, INC.

0.004883

0.003906

Consented

0.002441

0.001953

MCKENZIE

33053073520000

CHICAGO

8-26H1

CONTINENTAL

RESOURCES, INC.

0.004883

0.003906

Consented

0.002441

0.001953

MCKENZIE

33053073510000

AKRON

4-34H

CONTINENTAL

RESOURCES, INC.

0.017360

0.013888

Consented

0.008680

0.006944

MCKENZIE

33053043290000

POJORLIE

21-2-1H

CONTINENTAL

RESOURCES, INC.

0.003750

Consented

0.001875

MCKENZIE

33053038720000

AKRON

1-27H 1-27H

CONTINENTAL

RESOURCES, INC.

0.009773

0.007819

Consented

0.004887

0.003909

MCKENZIE

33053032810000

OPSETH

6-29-32H

CORNERSTONE

NATURAL RESOURCES

0.057968

0.047217

Consented

0.028984

0.023609

BURKE

33013016790000

WAHLUND

3-22-15H

CORNERSTONE

NATURAL RESOURCES

0.000879

Consented

0.000439

BURKE

33013016750000

MERTES

6-22-15H

CORNERSTONE

NATURAL RESOURCES

0.019531

0.015625

Consented

0.009766

0.007813

BURKE

33013016590000

FUNK

2-27-34H

CORNERSTONE

NATURAL RESOURCES

0.050000

0.040500

Consented

0.025000

0.020250

BURKE

33013016580000

JEPSEN

34-14H

CORNERSTONE

NATURAL RESOURCES

0.010555

0.008619

Consented

0.005277

0.004310

BURKE

33013014560000

DROVDAL

5-8 XE 1H

DEVON

ENERGY WILLISTON, L.L.C

0.006512

0.005209

Consented

0.003256

0.002605

MCKENZIE

33053105980000

DROVDAL

5-8 5H

DEVON

ENERGY WILLISTON, L.L.C

0.013023

0.010419

Consented

0.006512

0.005209

MCKENZIE

33053105970000

DROVDAL

5-8 4H

DEVON

ENERGY WILLISTON, L.L.C

0.013023

0.010419

Consented

0.006512

0.005209

MCKENZIE

33053105960000

B-7

Well

Name

Operator

[As Listed on the NDIC]

Full

Working Interest

Full

Net Revenue Interest

Consent

Status

Callan

Share – Working Interest

Callan

Share – Net Revenue Interest

State

County

API

DROVDAL

5-8 3H

DEVON

ENERGY WILLISTON, L.L.C

0.013023

0.010419

Consented

0.006512

0.005209

MCKENZIE

33053105950000

DROVDAL

5-8 2H

DEVON

ENERGY WILLISTON, L.L.C

0.013023

0.010419

Consented

0.006512

0.005209

MCKENZIE

33053105940000

TRENTON

2-0817H

DEVON

ENERGY WILLISTON, L.L.C

0.050797

0.040129

Consented

0.025398

0.020065

WILLIAMS

33105027410000

ROUND

PRAIRIE 4-0805H

DEVON

ENERGY WILLISTON, L.L.C

0.000751

0.000601

Consented

0.000376

0.000300

WILLIAMS

33105021940000

ROUND

PRAIRIE 3-0706H

DEVON

ENERGY WILLISTON, L.L.C

0.009229

0.007383

Consented

0.004615

0.003692

WILLIAMS

33105020680000

BERNICE

150-99-20-17-7H

DEVON

ENERGY WILLISTON, L.L.C

0.095000

0.078128

Consented

0.047500

0.039064

MCKENZIE

33053097400000

BERNICE

150-99-20-17-6H

DEVON

ENERGY WILLISTON, L.L.C

0.095000

0.078128

Consented

0.047500

0.039064

MCKENZIE

33053097390000

ORVIS

150-99-21-16-6HLW

DEVON

ENERGY WILLISTON, L.L.C

0.047500

0.039063

Consented

0.023750

0.019531

MCKENZIE

33053092990000

BERNICE

150-99-17-20-4H

DEVON

ENERGY WILLISTON, L.L.C

0.095000

0.078125

Consented

0.047500

0.039063

MCKENZIE

33053091930000

BERNICE

150-99-17-20-5H

DEVON

ENERGY WILLISTON, L.L.C

0.095000

0.078125

Consented

0.047500

0.039063

MCKENZIE

33053091910000

STURGEON

150-99-18-19-7H

DEVON

ENERGY WILLISTON, L.L.C

0.047769

0.039283

Consented

0.023884

0.019642

MCKENZIE

33053091240000

SCHNEIDERMAN

150-99-29-32-2HLW

DEVON

ENERGY WILLISTON, L.L.C

0.003876

0.003101

Consented

0.001938

0.001551

MCKENZIE

33053090390000

STURGEON

150-99-18-19-3H

DEVON

ENERGY WILLISTON, L.L.C

0.047769

0.039283

Consented

0.023884

0.019642

MCKENZIE

33053089260000

STURGEON

150-99-18-19-2H

DEVON

ENERGY WILLISTON, L.L.C

0.047769

0.039283

Consented

0.023884

0.019642

MCKENZIE

33053089250000

STURGEON

150-99-18-19-5H

DEVON

ENERGY WILLISTON, L.L.C

0.047769

0.039283

Consented

0.023884

0.019642

MCKENZIE

33053089240000

STURGEON

150-99-18-19-4H

DEVON

ENERGY WILLISTON, L.L.C

0.047769

0.039283

Consented

0.023884

0.019642

MCKENZIE

33053089220000

BLUE

ANGEL 150-99-5-8-5HLW

DEVON

ENERGY WILLISTON, L.L.C

0.006530

0.005224

Consented

0.003265

0.002612

MCKENZIE

33053057400000

BLUE

ANGEL 150-99-5-8-4H

DEVON

ENERGY WILLISTON, L.L.C

0.013020

0.010416

Consented

0.006510

0.005208

MCKENZIE

33053057390000

LOOMER

STATE 150-99-5-8-3H

DEVON

ENERGY WILLISTON, L.L.C

0.013020

0.010416

Consented

0.006510

0.005208

MCKENZIE

33053046450000

LOOMER

STATE 150-99-5-8-2H

DEVON

ENERGY WILLISTON, L.L.C

0.013020

0.010416

Consented

0.006510

0.005208

MCKENZIE

33053046430000

BERNICE

150-99-20-17-3H

DEVON

ENERGY WILLISTON, L.L.C

0.095000

0.078125

Consented

0.047500

0.039063

MCKENZIE

33053040120000

BERNICE

150-99-20-17-1H

DEVON

ENERGY WILLISTON, L.L.C

0.095000

0.078125

Consented

0.047500

0.039063

MCKENZIE

33053036870000

DROVDAL

150-99-8-5-1H

DEVON

ENERGY WILLISTON, L.L.C

0.013017

0.010414

Consented

0.006509

0.005207

MCKENZIE

33053032760000

B-8

Well

Name

Operator

[As Listed on the NDIC]

Full

Working Interest

Full

Net Revenue Interest

Consent

Status

Callan

Share – Working Interest

Callan

Share – Net Revenue Interest

State

County

API

HOWLING

WOLF 28-33HIL

DEVON

ENERGY WILLISTON, L.L.C

0.007813

0.006348

Consented

0.003906

0.003174

DUNN

33025034800000

BERNICE

150-99-20-17-2H

DEVON

ENERGY WILLISTON, L.L.C

0.095000

0.078125

Consented

0.047500

0.039063

MCKENZIE

33053040110000

STURGEON

150-99-18

DEVON

ENERGY WILLISTON, L.L.C

0.047769

0.039283

Consented

0.023884

0.019642

MCKENZIE

33053089270000

STURGEON

150-99-18

DEVON

ENERGY WILLISTON, L.L.C

0.047769

0.039283

Consented

0.023884

0.019642

MCKENZIE

33053089230000

FERTILE

86-0701H

EOG

RESOURCES, INC.

0.015625

0.012188

Consented

0.007813

0.006094

MOUNTRAIL

33061039850000

FERTILE

84-0701H

EOG

RESOURCES, INC.

0.015625

0.012188

Consented

0.007813

0.006094

MOUNTRAIL

33061039840000

FERTILE

85-0701H

EOG

RESOURCES, INC.

0.015625

0.012188

Consented

0.007813

0.006094

MOUNTRAIL

33061039830000

BURKE

40-1609H

EOG

RESOURCES, INC.

0.042188

0.035156

Consented

0.021094

0.017578

MOUNTRAIL

33061033980000

LIBERTY

26-1319H

EOG

RESOURCES, INC.

0.019064

0.015569

Consented

0.009532

0.007785

MOUNTRAIL

33061024550000

LIBERTY

106-0107H

EOG

RESOURCES, INC.

0.019057

0.015563

Consented

0.009529

0.007782

MOUNTRAIL

33061021380000

LIBERTY

25-0107H

EOG

RESOURCES, INC.

0.019057

0.015563

Consented

0.009529

0.007781

MOUNTRAIL

33061018610000

FERTILE

47-0712H

EOG

RESOURCES, INC.

0.028602

0.022759

Consented

0.014301

0.011379

MOUNTRAIL

33061017810000

FERTILE

40-1718H

EOG

RESOURCES, INC.

0.028489

0.023266

Consented

0.014245

0.011633

MOUNTRAIL

33061017060000

BURKE

32-05HX

EOG

RESOURCES, INC.

0.000879

Consented

0.000439

MOUNTRAIL

33061013920000

FERTILE

13-18H

EOG

RESOURCES, INC.

0.057726

0.047143

Consented

0.028863

0.023571

MOUNTRAIL

33061010500000

FERTILE

37-07H

EOG

RESOURCES, INC.

0.057722

0.047140

Consented

0.028861

0.023570

MOUNTRAIL

33061010090000

BURKE

6-04H

EOG

RESOURCES, INC.

0.001758

Consented

0.000879

MOUNTRAIL

33061009000000

BURKE

7-03H

EOG

RESOURCES, INC.

0.006885

Consented

0.003442

MOUNTRAIL

33061008160000

EMMA

31X-30D

XTO

ENERGY INC

0.019673

0.015739

Consented

0.009837

0.007869

MOUNTRAIL

33061023600000

EMMA

31X-30C

XTO

ENERGY INC

0.019673

0.015739

Consented

0.009837

0.007869

MOUNTRAIL

33061023590000

EMMA

31X-30

XTO

ENERGY INC

0.019673

0.015739

Consented

0.009837

0.007869

MOUNTRAIL

33061011900000

HOFFMANN

FEDERAL 21X-6H

XTO

ENERGY INC

0.023745

0.019528

Consented

0.011872

0.009764

MCKENZIE

33053086510000

HOFFMANN

21X-6BXC

XTO

ENERGY INC

0.023745

0.019528

Consented

0.011872

0.009764

MCKENZIE

33053086500000

JOHNSON

31X-6FXG

XTO

ENERGY INC

0.000000

0.000300

Consented

0.000000

0.000150

MCKENZIE

33053075760000

JOHNSON

31X-6HXE

XTO

ENERGY INC

0.000000

0.000150

Consented

0.000000

0.000075

MCKENZIE

33053073380000

JOHNSON

31X-6G

XTO

ENERGY INC

0.000000

0.000300

Consented

0.000000

0.000150

MCKENZIE

33053070980000

JOHNSON

31X-6D

XTO

ENERGY INC

0.000000

0.000300

Consented

0.000000

0.000150

MCKENZIE

33053070940000

JOHNSON

31X-6CXD

XTO

ENERGY INC

0.000000

0.000300

Consented

0.000000

0.000150

MCKENZIE

33053070930000

WOLFF

13-24ENH

XTO

ENERGY INC

0.023750

0.019344

Consented

0.011875

0.009672

MCKENZIE

33053035010000

WOLFF

FEDERAL 13X-24A

XTO

ENERGY INC

0.011954

0.009737

Consented

0.005977

0.004868

MCKENZIE

33053093380000

WOLFF

FEDERAL 13X-24F

XTO

ENERGY INC

0.023899

0.019465

Consented

0.011950

0.009733

MCKENZIE

33053093370000

WOLFF

FEDERAL 13X-24FXG

XTO

ENERGY INC

0.023899

0.019465

Consented

0.011950

0.009733

MCKENZIE

33053093360000

WOLFF

FEDERAL 13X-24CXD

XTO

ENERGY INC

0.023899

0.019465

Consented

0.011950

0.009733

MCKENZIE

33053093350000

WOLFF

FEDERAL 13X-24HXE

XTO

ENERGY INC

0.011954

0.009737

Consented

0.005977

0.004868

MCKENZIE

33053093340000

MARAUDER

2413-1H

FORMENTERA

OPERATIONS, LLC

0.013021

0.010417

Consented

0.006510

0.005208

DIVIDE

33023011930000

B-9

Well

Name

Operator

[As Listed on the NDIC]

Full

Working Interest

Full

Net Revenue Interest

Consent

Status

Callan

Share – Working Interest

Callan

Share – Net Revenue Interest

State

County

API

MARAUDER

2413-3H

FORMENTERA

OPERATIONS, LLC

0.013021

0.010417

Consented

0.006510

0.005208

DIVIDE

33023011920000

MARAUDER

13-24-162-98H

FORMENTERA

OPERATIONS, LLC

0.013021

0.010417

Consented

0.006510

0.005208

DIVIDE

33023007270000

SEVERANCE

1-9-4H

HUNT

OIL COMPANY

0.009904

0.008067

Consented

0.004952

0.004033

MOUNTRAIL

33061011240000

HALLIDAY

2-15-22H

HUNT

OIL COMPANY

0.094531

0.077734

Consented

0.047266

0.038867

DUNN

33025016140000

HALLIDAY

2-19-18H

HUNT

OIL COMPANY

0.118632

0.096779

Consented

0.059316

0.048390

DUNN

33025014880000

HALLIDAY

1-19-18H 1

HUNT

OIL COMPANY

0.118632

0.096779

Consented

0.059316

0.048390

DUNN

33025012690000

SIOUX

TRAIL 160-101-35-26H-1

HUNT

OIL COMPANY

0.031250

0.024688

Consented

0.015625

0.012344

DIVIDE

33023012680000

ALEXANDRIA

161-100-21-16H-1

HUNT

OIL COMPANY

0.031250

0.024688

Consented

0.015625

0.012344

DIVIDE

33023012220000

ALEXANDRIA

161-100-27-34H-1

HUNT

OIL COMPANY

0.056250

0.044437

Consented

0.028125

0.022219

DIVIDE

33023012210000

ALEXANDRIA

161-100-17-20H-1

HUNT

OIL COMPANY

0.062500

0.048750

Consented

0.031250

0.024375

DIVIDE

33023011820000

BURG

161-99-19-18H-1

HUNT

OIL COMPANY

0.025992

0.020274

Consented

0.012996

0.010137

DIVIDE

33023010990000

ALEXANDRIA

161-100-24-13H-1

HUNT

OIL COMPANY

0.125260

0.101953

Consented

0.062630

0.050977

DIVIDE

33023010970000

ALEXANDRIA

1-26-35H

HUNT

OIL COMPANY

0.031250

0.024688

Consented

0.015625

0.012344

DIVIDE

33023010160000

HALLIDAY

1-15-22H

HUNT

OIL COMPANY

0.094531

0.077734

Consented

0.047266

0.038867

DUNN

33025011490000

ALEXANDRIA

161-100-33-22H PUD1

HUNT

OIL COMPANY

0.020830

0.016460

Consented

0.010415

0.008230

DIVIDE

33023016910000

ALEXANDRIA

161-100-33-21H PUD2

HUNT

OIL COMPANY

0.020830

0.016460

Consented

0.010415

0.008230

DIVIDE

33023016890000

ALEXANDRIA

161-100-33-21H PUD3

HUNT

OIL COMPANY

0.020830

0.016460

Consented

0.010415

0.008230

DIVIDE

33023016890000

KNOX

1-16H

KRAKEN

OPERATING, LLC

0.050594

0.040475

Consented

0.025297

0.020237

WILLIAMS

33105033970000

ELSWORTH

1-31-30H

KRAKEN

OPERATING, LLC

0.047500

0.039060

Consented

0.023750

0.019530

MCKENZIE

33053037950000

KNOX

LE 16-21 #7H

KRAKEN

OPERATING, LLC

0.050594

0.040475

Consented

0.025297

0.020237

WILLIAMS

33105057250000

KNOX

16-21 #6H

KRAKEN

OPERATING, LLC

0.050594

0.040475

Consented

0.025297

0.020237

WILLIAMS

33105057240000

KNOX-RUBY

16-21 LW #1H

KRAKEN

OPERATING, LLC

0.025297

0.020237

Consented

0.012648

0.010119

WILLIAMS

33105049640000

KNOX

16-21 #2TFH

KRAKEN

OPERATING, LLC

0.050594

0.040475

Consented

0.025297

0.020237

WILLIAMS

33105049630000

KNOX

16-21 #3H

KRAKEN

OPERATING, LLC

0.050594

0.040475

Consented

0.025297

0.020237

WILLIAMS

33105049620000

KNOX

16-21 #4TFH

KRAKEN

OPERATING, LLC

0.050594

0.040475

Consented

0.025297

0.020237

WILLIAMS

33105049610000

KNOX

16-21 #5H

KRAKEN

OPERATING, LLC

0.050594

0.040475

Consented

0.025297

0.020237

WILLIAMS

33105049600000

ANSETH-SUKUT

LE 29-32 #1H

KRAKEN

OPERATING, LLC

0.002804

0.002243

Consented

0.001402

0.001122

WILLIAMS

33105047450000

ANSETH

29-32 #4H

KRAKEN

OPERATING, LLC

0.005609

0.004487

Consented

0.002804

0.002243

WILLIAMS

33105047440000

ANSETH

29-32 #3H

KRAKEN

OPERATING, LLC

0.005609

0.004487

Consented

0.002804

0.002243

WILLIAMS

33105047430000

ANSETH

29-32 #2H

KRAKEN

OPERATING, LLC

0.005609

0.004487

Consented

0.002804

0.002243

WILLIAMS

33105047420000

CPEUSC

BENNIE 9-20-17-157N-99W-LL

NEPTUNE

OPERATING LLC

0.004860

0.003888

Consented

0.002430

0.001944

WILLIAMS

33105046370000

B-10

Well

Name

Operator

[As Listed on the NDIC]

Full

Working Interest

Full

Net Revenue Interest

Consent

Status

Callan

Share – Working Interest

Callan

Share – Net Revenue Interest

State

County

API

CPEUSC

BENNIE 4-20-17-157N-99W MBH

NEPTUNE

OPERATING LLC

0.000879

0.000703

Consented

0.000439

0.000352

WILLIAMS

33105045470000

CPEUSC

BENNIE 8-20-17-157N-99W TFH

NEPTUNE

OPERATING LLC

0.000879

0.000703

Consented

0.000439

0.000352

WILLIAMS

33105045450000

CPEUSC

BENNIE 3-20-17-157N-99W MBH

NEPTUNE

OPERATING LLC

0.000879

0.000703

Consented

0.000439

0.000352

WILLIAMS

33105045430000

CPEUSC

BENNIE 7-20-17-157N-99W TFH

NEPTUNE

OPERATING LLC

0.000879

0.000703

Consented

0.000439

0.000352

WILLIAMS

33105045410000

CPEUSC

BENNIE 6-20-17-157N-99W TFH

NEPTUNE

OPERATING LLC

0.000879

0.000703

Consented

0.000439

0.000352

WILLIAMS

33105045360000

CPEUSC

BENNIE 2-20-17-157N-99W MBH

NEPTUNE

OPERATING LLC

0.000879

0.000703

Consented

0.000439

0.000352

WILLIAMS

33105045340000

CPEUSC

BENNIE 5-20-17-157N-99W TFH

NEPTUNE

OPERATING LLC

0.000879

0.000703

Consented

0.000439

0.000352

WILLIAMS

33105045320000

ANSETH

1-29H

KRAKEN

OPERATING, LLC

0.005609

0.004487

Consented

0.002804

0.002243

WILLIAMS

33105017890000

ELLSWORTH

5-31-30H

KRAKEN

OPERATING, LLC

0.000000

0.000600

Consented

0.000000

0.000300

MCKENZIE

33053091580000

ELLSWORTH

2-31-30H

KRAKEN

OPERATING, LLC

0.000000

0.000600

Consented

0.000000

0.000300

MCKENZIE

33053085960000

BEAR

BUTTE 1-4-9H

KRAKEN

OPERATING, LLC

0.005665

0.004532

Consented

0.002833

0.002266

MCKENZIE

33053040340000

REDWING

1-3-10H 1

KRAKEN

OPERATING, LLC

0.004239

0.003391

Consented

0.002119

0.001695

MCKENZIE

33053035840000

RAYMOND

SVEET 31-29H 31-29H

KRAKEN

OPERATING, LLC

0.003472

0.002778

Consented

0.001736

0.001389

SHERIDAN

25091219160000

ELROY

KADRMAS 5-3-10H-143-96

LIME

ROCK RESOURCES III-A, L.P.

0.056229

0.046857

Consented

0.028114

0.023429

DUNN

33025024990000

ELROY

KADRMAS 4-3-10H-143-96

LIME

ROCK RESOURCES III-A, L.P.

0.056229

0.046857

Consented

0.028114

0.023429

DUNN

33025024980000

FEDERAL

ADELBERT AMES 1-19-18H-143-94

LIME

ROCK RESOURCES III-A, L.P.

0.141727

0.116856

Consented

0.070863

0.058428

DUNN

33025020620000

STATE

BUFFALO BILL 1-20-17H-143-94

LIME

ROCK RESOURCES III-A, L.P.

0.031250

0.025000

Consented

0.015625

0.012500

DUNN

33025017870000

DENNIS

KADRMAS 3-9-4H-143-96

LIME

ROCK RESOURCES III-A, L.P.

0.056215

0.046846

Consented

0.028107

0.023423

DUNN

33025017400000

DENNIS

KADRMAS 2-9-4H-143-96

LIME

ROCK RESOURCES III-A, L.P.

0.056215

0.046846

Consented

0.028107

0.023423

DUNN

33025016720000

ELROY

KADRMAS 3-10-3H-143-96

LIME

ROCK RESOURCES III-A, L.P.

0.056229

0.046857

Consented

0.028114

0.023429

DUNN

33025015300000

ELROY

KADRMAS 2-10-3H-143-96

LIME

ROCK RESOURCES III-A, L.P.

0.056229

0.046857

Consented

0.028114

0.023429

DUNN

33025015280000

ELROY

KADRMAS 1-10-3H-143-96

LIME

ROCK RESOURCES III-A, L.P.

0.056229

0.046857

Consented

0.028114

0.023429

DUNN

33025011520000

DENNIS

KADRMAS 1-9-4H-143-96

LIME

ROCK RESOURCES III-A, L.P.

0.056215

0.046846

Consented

0.028107

0.023423

DUNN

33025010680000

WARD

LAKE 1-5-6H-160-91

LIME

ROCK RESOURCES III-A, L.P.

0.053274

0.043460

Consented

0.026637

0.021730

BURKE

33013016570000

JACOBSON

8-33H

LIME

ROCK RESOURCES III-A, L.P.

0.053463

0.044721

Consented

0.026731

0.022360

BURKE

33013015580000

B-11

Well

Name

Operator

[As Listed on the NDIC]

Full

Working Interest

Full

Net Revenue Interest

Consent

Status

Callan

Share – Working Interest

Callan

Share – Net Revenue Interest

State

County

API

JOEY

DANYALE 27-34H

MUREX

PETROLEUM CORPORATION

0.059375

0.048438

Consented

0.029687

0.024219

DIVIDE

33023011570000

DWIGHT

LUDWIG 13-24H

MUREX

PETROLEUM CORPORATION

0.118359

0.096562

Consented

0.059180

0.048281

DIVIDE

33023010940000

LEXIE

KAY FEDERAL 31-30H

MUREX

PETROLEUM CORPORATION

0.011807

0.009446

Consented

0.005904

0.004723

DIVIDE

33023010730000

HILBERT

MUREX

PETROLEUM CORPORATION

0.237500

0.193750

Consented

0.118750

0.096875

BURKE

33013010120000

TORGERSON

R&R 5604 31-2

OASIS

PETROLEUM NORTH AMERICA LLC

0.025378

0.020049

Consented

0.012689

0.010025

WILLIAMS

33105029030000

MAE

563 43-19

OASIS

PETROLEUM NORTH AMERICA LLC

0.001344

0.001075

Consented

0.000672

0.000537

WILLIAMS

33105024020000

JOHNSON

158-94-14A-23-1HS

PETRO-HUNT,

L.L.C.

0.000376

0.000301

Consented

0.000188

0.000150

MOUNTRAIL

33061047280000

BLIKRE

158-94-13B-24-1H

PETRO-HUNT,

L.L.C.

0.000376

0.000301

Consented

0.000188

0.000150

MOUNTRAIL

33061021550000

BLIKRE

158-93-6A-7-1H

PETRO-HUNT,

L.L.C.

0.003008

0.002406

Consented

0.001504

0.001203

MOUNTRAIL

33061021050000

JORGENSON

158-94-12C-1-1H

PETRO-HUNT,

L.L.C.

0.000751

0.000601

Consented

0.000376

0.000301

MOUNTRAIL

33061017800000

ANNUNZIO 3-7-6H

PETRO-HUNT

DAKOTA, LLC

0.137584

0.108691

Consented

0.068792

0.054345

MCKENZIE

33053058310000

ANNUNZIO 4-7-6H

PETRO-HUNT

DAKOTA, LLC

0.137584

0.108691

Consented

0.068792

0.054345

MCKENZIE

33053058300000

ANNUNZIO 5-7-6H

PETRO-HUNT

DAKOTA, LLC

0.137584

0.108691

Consented

0.068792

0.054345

MCKENZIE

33053058290000

TALON

6-9-4H

PETRO-HUNT

DAKOTA, LLC

0.015629

0.012620

Consented

0.007814

0.006310

MCKENZIE

33053055740000

TALON

7-9-4H

PETRO-HUNT

DAKOTA, LLC

0.015629

0.012620

Consented

0.007814

0.006310

MCKENZIE

33053055720000

TALON

3-9-4H

PETRO-HUNT

DAKOTA, LLC

0.015629

0.012620

Consented

0.007814

0.006310

MCKENZIE

33053055550000

TALON

1-9-4H

PETRO-HUNT

DAKOTA, LLC

0.015629

0.012620

Consented

0.007814

0.006310

MCKENZIE

33053048800000

GULBRANSON

163-100-1B-12-3H

PETRO-HUNT,

L.L.C.

0.000635

0.000476

Consented

0.000318

0.000238

DIVIDE

33023014510000

HAGEN

3-28HS

PETRO-HUNT,

L.L.C.

0.041667

0.033333

Consented

0.020833

0.016667

DIVIDE

33023013360000

ANNE

13-19HN

PETRO-HUNT,

L.L.C.

0.013687

0.011195

Consented

0.006844

0.005597

DIVIDE

33023013260000

ANNE

13B-19HN

PETRO-HUNT,

L.L.C.

0.027523

0.021468

Consented

0.013761

0.010734

DIVIDE

33023013230000

MARIA

4B-14HN

PETRO-HUNT,

L.L.C.

0.004683

Consented

0.002342

DIVIDE

33023013030000

NANCY

4-14HN

PETRO-HUNT,

L.L.C.

0.002342

Consented

0.001171

DIVIDE

33023013020000

KARLBERG

14-12HS

PETRO-HUNT,

L.L.C.

0.009881

0.007707

Consented

0.004940

0.003853

DIVIDE

33023012870000

DOHMSTRIECH

15-20HS

PETRO-HUNT,

L.L.C.

0.023438

0.018750

Consented

0.011719

0.009375

DIVIDE

33023012800000

PROCHNICK

15-35HSB

PETRO-HUNT,

L.L.C.

0.004683

Consented

0.002342

DIVIDE

33023009000000

PROCHNICK

15-35HSA

PETRO-HUNT,

L.L.C.

0.004683

Consented

0.002342

DIVIDE

33023008990000

PROCHNICK

16-35HS

PETRO-HUNT,

L.L.C.

0.004683

Consented

0.002342

DIVIDE

33023008980000

GULBRANSON

1-1H

PETRO-HUNT,

L.L.C.

0.004685

Consented

0.002342

DIVIDE

33023008800000

JOHNSON

3-6HS

PETRO-HUNT,

L.L.C.

0.006465

0.005172

Consented

0.003232

0.002586

DIVIDE

33023008460000

GULBRANSON

2-1H

PETRO-HUNT,

L.L.C.

0.004685

Consented

0.002342

DIVIDE

33023008140000

TORGESON

2-30HNA

PETRO-HUNT,

L.L.C.

0.027339

0.022329

Consented

0.013669

0.011164

DIVIDE

33023008080000

TORGESON

2-30HNB

PETRO-HUNT,

L.L.C.

0.027339

0.022329

Consented

0.013669

0.011164

DIVIDE

33023008070000

TORGESON

14-19HN

PETRO-HUNT,

L.L.C.

0.027339

0.022329

Consented

0.013669

0.011164

DIVIDE

33023007930000

RIEDE

4-14H

PETRO-HUNT,

L.L.C.

0.004683

Consented

0.002342

DIVIDE

33023006730000

B-12

Well

Name

Operator

[As Listed on the NDIC]

Full

Working Interest

Full

Net Revenue Interest

Consent

Status

Callan

Share – Working Interest

Callan

Share – Net Revenue Interest

State

County

API

TORGESON

14-19H

PETRO-HUNT,

L.L.C.

0.027339

0.022329

Consented

0.013669

0.011164

DIVIDE

33023005660000

BLIKRE

158-93-6B-7- 2H

PETRO-HUNT,

L.L.C.

0.001500

0.001200

Consented

0.000750

0.000600

BURKE

33013019050000

BLIKRE

158-93-6B-7- 3H

PETRO-HUNT,

L.L.C.

0.001500

0.001200

Consented

0.000750

0.000600

BURKE

33013019030000

MOBERG

159-94-20B-29-1HS

PETRO-HUNT,

L.L.C.

0.006330

0.004938

Consented

0.003165

0.002469

BURKE

33013017790000

HOIBY 159-94-30D-19-5H

PETRO-HUNT,

L.L.C.

0.012851

0.010024

Consented

0.006425

0.005012

BURKE

33013017580000

HOIBY 159-94-30D-19-4H

PETRO-HUNT,

L.L.C.

0.012851

0.010024

Consented

0.006425

0.005012

BURKE

33013017570000

HOIBY 159-94-30C-19-3H

PETRO-HUNT,

L.L.C.

0.012851

0.010024

Consented

0.006425

0.005012

BURKE

33013016850000

HOIBY 159-94-19B-30-2H

PETRO-HUNT,

L.L.C.

0.012851

0.010024

Consented

0.006425

0.005012

BURKE

33013016840000

HOIBY 159-94-19B-30-1H

PETRO-HUNT,

L.L.C.

0.012851

0.010024

Consented

0.006425

0.005012

BURKE

33013016420000

JAMES

CROSS 1-5-8H-143-98

PETRO-HUNT,

L.L.C.

0.031262

0.025400

Consented

0.015631

0.012700

BILLINGS

33007017800000

TALON

5-9-4H

PETRO-HUNT

DAKOTA, LLC

0.015629

0.012620

Consented

0.007814

0.006310

MCKENZIE

33053055510000

BLIKRE

158-93-6B

PETRO-HUNT,

L.L.C.

0.001500

0.001200

Consented

0.000750

0.000600

BURKE

33013019070000

WILLOW

GRAY 2-11-14-23 2H

Phoenix

Operating LLC

0.007031

0.005859

Consented

0.003516

0.002930

DIVIDE

33023016370000

KIMONO

31-30-19-18 4H 4H

Phoenix

Operating LLC

0.001304

0.001060

Consented

0.000652

0.000530

ROOSEVELT

25085221210000

KIMONO

31-30-19-18 3H 3H

Phoenix

Operating LLC

0.001304

0.001060

Consented

0.000652

0.000530

ROOSEVELT

25085221200000

KIMONO

31-30-19-18 2H 2H

Phoenix

Operating LLC

0.001304

0.001060

Consented

0.000652

0.000530

ROOSEVELT

25085221190000

KIMONO

31-30-19-18 1H 1H

Phoenix

Operating LLC

0.001304

0.001060

Consented

0.000652

0.000530

ROOSEVELT

25085221180000

FRANK

31-4-1H

PRIMA

EXPLORATION, INC.

0.044748

0.037290

Consented

0.022374

0.018645

STARK

33089006480000

STEVENS

160-100-14-23-11-14A

PRIMA

EXPLORATION, INC.

0.017897

0.014417

Consented

0.008948

0.007208

DIVIDE

33023012230000

SOLBERG

160-101-28-33-21-13A

PRIMA

EXPLORATION, INC.

0.020833

0.016667

Consented

0.010417

0.008333

DIVIDE

33023010510000

SORENSON

160-100-2

PRIMA

EXPLORATION, INC.

0.004152

0.003322

Consented

0.002076

0.001661

DIVIDE

33023009320000

GUNNISON

41-23H

RIM

OPERATING, INC.

0.096824

0.079083

Consented

0.048412

0.039541

BURKE

33013015380000

CHANDLER

14-23 1H

ROCKPORT

ENERGY SOLUTIONS LLC

0.015000

Consented

0.007500

MCKENZIE

33053102750000

CAMDEN

10-3 3H

ROCKPORT

ENERGY SOLUTIONS LLC

0.007500

Consented

0.003750

MCKENZIE

33053102640000

MARAUDER

1324-5H

FORMENTERA

OPERATIONS, LLC

0.013021

0.010417

Consented

0.006510

0.005208

DIVIDE

33023013310000

STORSUL

158-93-8-5-10MBH

Silver

Hill Energy Operating, LLC

0.001494

0.001195

Consented

0.000747

0.000598

MOUNTRAIL

33061052190000

WOLF

1 SLH

SLAWSON

EXPLORATION COMPANY, INC.

0.007498

0.005923

Consented

0.003749

0.002962

MOUNTRAIL

33061035400000

HOWO

2-4-33MLH

SLAWSON

EXPLORATION COMPANY, INC.

0.014997

0.011698

Consented

0.007499

0.005849

MOUNTRAIL

33061034190000

HOWO

7-33-4TFH

SLAWSON

EXPLORATION COMPANY, INC.

0.024993

0.021694

Consented

0.012497

0.010847

MOUNTRAIL

33061033970000

HOWO

6-33-4TFH

SLAWSON

EXPLORATION COMPANY, INC.

0.014997

0.011698

Consented

0.007499

0.005849

MOUNTRAIL

33061033950000

PIKE

{FEDERAL} 1 SLH

SLAWSON

EXPLORATION COMPANY, INC.

0.010000

0.007800

Consented

0.005000

0.003900

MOUNTRAIL

33061033090000

B-13

Well

Name

Operator

[As Listed on the NDIC]

Full

Working Interest

Full

Net Revenue Interest

Consent

Status

Callan

Share – Working Interest

Callan

Share – Net Revenue Interest

State

County

API

WOLF

2-4MLH

SLAWSON

EXPLORATION COMPANY, INC.

0.034996

0.027297

Consented

0.017498

0.013649

MOUNTRAIL

33061033080000

HOWO

5-33-4TFH

SLAWSON

EXPLORATION COMPANY, INC.

0.014997

0.011698

Consented

0.007499

0.005849

MOUNTRAIL

33061032220000

HOWO

8-33-4TF2H

SLAWSON

EXPLORATION COMPANY, INC.

0.024993

0.021694

Consented

0.012497

0.010847

MOUNTRAIL

33061032210000

HOWO

4-33-4TFH

SLAWSON

EXPLORATION COMPANY, INC.

0.014997

0.011698

Consented

0.007499

0.005849

MOUNTRAIL

33061032200000

SCOUT

1-18-7H

SLAWSON

EXPLORATION COMPANY, INC.

0.011124

0.009002

Consented

0.005562

0.004501

MOUNTRAIL

33061017560000

COLT

1-16H

SLAWSON

EXPLORATION COMPANY, INC.

0.062500

0.048438

Consented

0.031250

0.024219

MOUNTRAIL

33061010160000

WOLF

1-4H

SLAWSON

EXPLORATION COMPANY, INC.

0.025000

0.019500

Consented

0.012500

0.009750

MOUNTRAIL

33061008230000

DRONE

1-34-27H

SLAWSON

EXPLORATION COMPANY, INC.

0.020509

0.016731

Consented

0.010255

0.008366

DUNN

33025012520000

PEGASUS

1-16-21UH

SLAWSON

EXPLORATION COMPANY, INC.

0.031250

0.024219

Consented

0.015625

0.012110

MOUNTRAIL

33061056590000

PEGASUS

2-16-21H

SLAWSON

EXPLORATION COMPANY, INC.

0.031250

0.024219

Consented

0.015625

0.012110

MOUNTRAIL

33061056580000

BARNHART3

20-17H

MORNINGSTAR

OPERATING LLC

0.028125

0.023438

Consented

0.014063

0.011719

STARK

33089008170000

DACKER

21-16H

MORNINGSTAR

OPERATING LLC

0.028125

0.023438

Consented

0.014063

0.011719

STARK

33089007970000

WEILER

21-16H

MORNINGSTAR

OPERATING LLC

0.028125

0.023438

Consented

0.014063

0.011719

STARK

33089007960000

DIAMOND

J 21-16H

MORNINGSTAR

OPERATING LLC

0.048197

0.039495

Consented

0.024099

0.019748

STARK

33089007400000

JOSEPH

CARTER 1-13-12H-141-96

MORNINGSTAR

OPERATING LLC

0.163281

0.134277

Consented

0.081641

0.067139

DUNN

33025018180000

SCHAFNER

1-29-32H-142-95

MORNINGSTAR

OPERATING LLC

0.003125

0.002604

Consented

0.001563

0.001302

DUNN

33025017300000

TERRY

DVORAK 1-15-22H-142-95

MORNINGSTAR

OPERATING LLC

0.178125

0.145313

Consented

0.089063

0.072656

DUNN

33025013370000

JOHN

KINNE 2-27-34H-142-98

MORNINGSTAR

OPERATING LLC

0.004340

0.003472

Consented

0.002170

0.001736

BILLINGS

33007018180000

JOHN

KINNE 1-27-34H-142-98

MORNINGSTAR

OPERATING LLC

0.004340

0.003472

Consented

0.002170

0.001736

BILLINGS

33007017780000

RUFFATTO

13X-24B 13X-24B

MORNINGSTAR

OPERATING LLC

0.004349

0.003479

Consented

0.002174

0.001739

RICHLAND

25083229690000

WILDROSE

159-98-14

WHITING

OIL AND GAS CORPORATION

0.028129

0.023440

Consented

0.014064

0.011720

WILLIAMS

33105031920000

HELM

19-30HTF

WHITING

OIL AND GAS CORPORATION

0.109395

0.087516

Consented

0.054698

0.043758

MCKENZIE

33053041490000

WOLD

44-7-8H

WHITING

OIL AND GAS CORPORATION

0.000585

0.000468

Consented

0.000293

0.000234

MCKENZIE

33053079100000

B-14

Well

Name

Operator

[As Listed on the NDIC]

Full

Working Interest

Full

Net Revenue Interest

Consent

Status

Callan

Share – Working Interest

Callan

Share – Net Revenue Interest

State

County

API

ZALESKY

41-17PH

WHITING

OIL AND GAS CORPORATION

0.028125

0.023438

Consented

0.014063

0.011719

STARK

33089008040000

ZALESKY

44-8PH

WHITING

OIL AND GAS CORPORATION

0.025586

0.021322

Consented

0.012793

0.010661

STARK

33089008030000

DIETZ

11-17PH

WHITING

OIL AND GAS CORPORATION

0.001305

0.001044

Consented

0.000652

0.000522

STARK

33089008540000

WOLD

44-7-7TFH

WHITING

OIL AND GAS CORPORATION

0.000585

0.000468

Consented

0.000293

0.000234

MCKENZIE

33053079020000

ECKERT

5202 13-13 6BHP

OASIS

PETROLEUM NORTH AMERICA LLC

0.000492

0.000394

Consented

0.000246

0.000197

MCKENZIE

33053107170000

JOHNSON

31-6SWH

XTO

ENERGY INC

0.023745

0.019526

Consented

0.011872

0.009763

MCKENZIE

33053033490000

ARROWHEAD

10-3 1H

Zavanna

Energy Operating, LLC

0.000297

0.000238

Consented

0.000148

0.000119

WILLIAMS

33105035350000

ARROWHEAD

10-3 2TFH

Zavanna

Energy Operating, LLC

0.000297

0.000238

Consented

0.000148

0.000119

WILLIAMS

33105035340000

ARROWHEAD

10-3 3H

Zavanna

Energy Operating, LLC

0.000297

0.000238

Consented

0.000148

0.000119

WILLIAMS

33105035330000

TOMAHAWK

10-3 3H

Zavanna

Energy Operating, LLC

0.000297

0.000238

Consented

0.000148

0.000119

WILLIAMS

33105035310000

TOMAHAWK

10-3 2TFH

Zavanna

Energy Operating, LLC

0.000297

0.000238

Consented

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0.000119

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TOMAHAWK

10-3 4TFH

Zavanna

Energy Operating, LLC

0.000297

0.000238

Consented

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0.000119

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TOMAHAWK

10-3 1H

Zavanna

Energy Operating, LLC

0.000297

0.000238

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0.000119

WILLIAMS

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WOLD

16-7TFH

WHITING

OIL AND GAS CORPORATION

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0.000468

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0.000234

MCKENZIE

33053076800000

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24-8-1TFH

WHITING

OIL AND GAS CORPORATION

0.000585

0.000468

Non-Consented

0.000292

0.000234

MCKENZIE

33053077620000

FRICK

24-8-2TFH

WHITING

OIL AND GAS CORPORATION

0.000585

0.000468

Non-Consented

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0.000234

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33053077630000

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24-8-1HU

WHITING

OIL AND GAS CORPORATION

0.000585

0.000468

Non-Consented

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0.000234

MCKENZIE

33053077610000

CHRISTIANA

21X-6F

CONTINENTAL

RESOURCES, INC.

0.031235

0.024675

Non-Consented

0.015617

0.012338

WILLIAMS

33105047980000

CHRISTIANA

21X-6AXB

CONTINENTAL

RESOURCES, INC.

0.031235

0.024675

Non-Consented

0.015617

0.012338

WILLIAMS

33105047970000

CHRISTIANA

21X-6A

CONTINENTAL

RESOURCES, INC.

0.031235

0.024675

Non-Consented

0.015617

0.012338

WILLIAMS

33105047960000

CHRISTIANA

21X-6EXH

CONTINENTAL

RESOURCES, INC.

0.015609

0.012331

Non-Consented

0.007805

0.006166

WILLIAMS

33105047950000

MARY

1-16XH

CONTINENTAL

RESOURCES, INC.

0.033470

0.026441

Non-Consented

0.016735

0.013221

MCKENZIE

33053063500000

ALLIE

31X-24HXE

XTO

ENERGY INC

0.004862

0.003890

Non-Consented

0.002431

0.001945

WILLIAMS

33105051500000

TOM

STATE 34X-1HXE

XTO

ENERGY INC

0.004860

0.003888

Non-Consented

0.002430

0.001944

WILLIAMS

33105050520000

EMMA

31X-30B

XTO

ENERGY INC

0.019673

0.015739

Non-Consented

0.009837

0.007869

MOUNTRAIL

33061042910000

EMMA

31X-30E

XTO

ENERGY INC

0.019673

0.015739

Non-Consented

0.009837

0.007869

MOUNTRAIL

33061042900000

ZANE

FEDERAL 21X-6B

XTO

ENERGY INC

0.023745

0.019528

Non-Consented

0.011872

0.009764

MCKENZIE

33053086540000

ZANE

FEDERAL 21X-6AXD

XTO

ENERGY INC

0.023745

0.019528

Non-Consented

0.011872

0.009764

MCKENZIE

33053086520000

EN-LEO

###-##-####H-8

HESS

BAKKEN INVESTMENTS II, LLC

0.010416

0.008125

Non-Consented

0.005208

0.004062

MOUNTRAIL

33061037380000

B-15

Well

Name

Operator

[As Listed on the NDIC]

Full

Working Interest

Full

Net Revenue Interest

Consent

Status

Callan

Share – Working Interest

Callan

Share – Net Revenue Interest

State

County

API

EN-LEO

###-##-####H-9

HESS

BAKKEN INVESTMENTS II, LLC

0.010416

0.008125

Non-Consented

0.005208

0.004062

MOUNTRAIL

33061037370000

EN-LEO

###-##-####H-10

HESS

BAKKEN INVESTMENTS II, LLC

0.010416

0.008125

Non-Consented

0.005208

0.004062

MOUNTRAIL

33061037900000

EN-LEO

###-##-####H-12

HESS

BAKKEN INVESTMENTS II, LLC

0.010416

0.008125

Non-Consented

0.005208

0.004062

MOUNTRAIL

33061040000000

EN-LEO

###-##-####H-11

HESS

BAKKEN INVESTMENTS II, LLC

0.010416

0.008125

Non-Consented

0.005208

0.004062

MOUNTRAIL

33061037890000

ELLSWORTH

2-31-30H

KRAKEN

OPERATING, LLC

0.047500

0.039060

Non-Consented

0.023750

0.019530

MCKENZIE

33053085960000

ELLSWORTH

5-31-30H

KRAKEN

OPERATING, LLC

0.047500

0.039060

Non-Consented

0.023750

0.019530

MCKENZIE

33053091580000

ELROY

KADRMAS 6-3-10H-143-96

LIME

ROCK RESOURCES III-A, L.P.

0.056229

0.046857

Non-Consented

0.028114

0.023429

DUNN

33025027610000

CPEUSC

MATILDA MAY 2-29-32-158N-100W-MBH-LL

NEPTUNE

OPERATING LLC

0.050595

0.040476

Non-Consented

0.025298

0.020238

WILLIAMS

33105059100000

JOHNSON 4-30HS

PETRO-HUNT,

L.L.C.

0.021822

0.017458

Non-Consented

0.010911

0.008729

DIVIDE

33023013330000

EMMA

31X-30HXE

XTO

ENERGY INC

0.009836

0.007869

Non-Consented

0.004918

0.003935

MOUNTRAIL

33061042920000

EMMA

31X-30A

XTO

ENERGY INC

0.019673

0.015739

Non-Consented

0.009837

0.007869

MOUNTRAIL

33061042890000

ZANE

FEDERAL 21X-6E

XTO

ENERGY INC

0.023745

0.019528

Non-Consented

0.011872

0.009764

MCKENZIE

33053086530000

JOHNSON

31X-6CXD

XTO

ENERGY INC

0.023743

0.019526

Non-Consented

0.011872

0.009763

MCKENZIE

33053070930000

JOHNSON

31X-6D

XTO

ENERGY INC

0.023745

0.019526

Non-Consented

0.011872

0.009763

MCKENZIE

33053070940000

JOHNSON

31X-6G

XTO

ENERGY INC

0.023745

0.019526

Non-Consented

0.011872

0.009763

MCKENZIE

33053070980000

JOHNSON

31X-06FXG

XTO

ENERGY INC

0.023745

0.019526

Non-Consented

0.011872

0.009763

MCKENZIE

33053075760000

JOHNSON

31X-06HXE

XTO

ENERGY INC

0.011866

0.009758

Non-Consented

0.005933

0.004879

MCKENZIE

33053073380000

B-16

EXHIBIT

C- Excluded Wellbores

C-1

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v3.26.1

Cover

Aug. 26, 2026

Cover [Abstract]

Document Type

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Entity File Number

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Entity Registrant Name

Callan

JMB Inc.

Entity Central Index Key

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Entity Tax Identification Number

99-0931141

Entity Incorporation, State or Country Code

Entity Address, Address Line One

244

Flightline Drive

Entity Address, City or Town

Spring

Branch

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