VAQUERO OPERATING Mineral Rights in Texas | Real Estate CRM

VAQUERO OPERATING

XXXXXXXX , TX

Mineral rights owned by VAQUERO OPERATING

Legal	Operator	Lease Name	RRC	Type	NRI	County	Value	Year
T9771 \| TENNECO-MENDEL EST38-2 \| VAQUERO OPERATING \| T&P RR CO T-9 WELLS 2 & 3 \| .757500 WI	VAQUERO OPERATING	TENNECO-MENDEL EST38-2	29950	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.0077570 OR BLANCO 1 \| RRC # 218933 \| VAQUERO OPERATING \| AB 9 SQUIRE BURNS RRC 218933	VAQUERO OPERATING	BLANCO 1	RRC # 218933	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.7502030 WI BLANCO 1 \| RRC # 218933 \| VAQUERO OPERATING \| AB 9 SQUIRE BURNS RRC 218933	VAQUERO OPERATING	BLANCO 1	RRC # 218933	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.7137670 WI FUNK ET AL GAS UNIT 1A \| RRC # 11014 \| VAQUERO OPERATING \| AB 22 DE JESUS LEON, M 11014 267082	VAQUERO OPERATING	FUNK ET AL GAS UNIT 1A	RRC # 11014	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
SCOTT & HOPPER A-1 (W55033); OPR: VAQUERO OPERATING. (0.732500000 - W)	VAQUERO OPERATING	SCOTT & HOPPER A-1	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
SCOTT & HOPPER #34D (W2900); OPR: VAQUERO OPERATING. (0.800000000 - W)	VAQUERO OPERATING	SCOTT & HOPPER #34D	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
SCOTT & HOPPER GAS UNIT # 1 - 3D, 4 & 5 (W2950); OPR: VAQUERO OPERATING. (0.780000000 - W)	VAQUERO OPERATING	SCOTT & HOPPER GAS UNIT # 1 - 3D, 4 & 5	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
BMT #1 (W55511); OPR: VAQUERO OPERATING. (0.744500000 - W)	VAQUERO OPERATING.	BMT #1	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
G2230 \| GRANDE JV-P \| VAQUERO OPERATING \| T & P RR CO \| .740165 WI	VAQUERO OPERATING	GRANDE JV-P	228680	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
G2235 \| GRANDE UNIT 2-2 \| VAQUERO OPERATING \| T & P \| .759032 WI	VAQUERO OPERATING	GRANDE UNIT 2-2	39734	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
I5680 \| JV-P GRANDE 8004 \| VAQUERO OPERATING \| T&P PT W2 \| .812500 WI	VAQUERO OPERATING	JV-P GRANDE 8004	138702	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
K6387 \| MENDEL ESTATE -38- \| VAQUERO OPERATING \| T&P RR CO \| .757500 WI	VAQUERO OPERATING	MENDEL ESTATE -38-	37782	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
M1920 \| MENDEL ESTATE -38- \| VAQUERO OPERATING \| T-9 T & P RR CO 42-371-35666 \| .753750 WI	VAQUERO OPERATING	MENDEL ESTATE -38-	282494	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
M1930 \| MENDEL ESTATE -38- \| VAQUERO OPERATING \| T & P RR CO 42-371-35857 \| .753750 WI	VAQUERO OPERATING	MENDEL ESTATE -38-	282495	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
M2422 \| PECOS FEE -G- \| VAQUERO OPERATING \| T&P RR-TOWNSHIP 9 \| .800666 WI	VAQUERO OPERATING	PECOS FEE -G-	154639	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
M2440 \| PECOS FEE 'L' \| VAQUERO OPERATING \| T&P T-10 \| .804145 WI	VAQUERO OPERATING	PECOS FEE 'L'	52,394,108,099,282,300	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
Q9795 \| SLAUGHTER -18- \| VAQUERO OPERATING \| TC RR CO \| .020000 OR	VAQUERO OPERATING	SLAUGHTER -18-	15315	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
Q9795 \| SLAUGHTER -18- \| VAQUERO OPERATING \| TC RR CO \| .712500 WI	VAQUERO OPERATING	SLAUGHTER -18-	15315	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
Q9800 \| SLAUGHTER 26 #2 \| VAQUERO OPERATING \| TC RR/KILPATRICK \| .717500 WI	VAQUERO OPERATING	SLAUGHTER 26 #2	188,189,203,741	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
T2000 \| STATE SCOUT \| VAQUERO OPERATING \| T&P RR CO/NEELY, L RRC 51169 \| .875000 WI	VAQUERO OPERATING	STATE SCOUT	51169	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
M2440 \| PECOS FEE 'L' \| VAQUERO OPERATING \| T&P T-10 \| .804145 WI	VAQUERO OPERATING	PECOS FEE 'L'	052394,108099,282388	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
LEASE #J2000 FOSTER FARMS INC 1 FULSHEAR, S. (VAQUERO OPERATING) 26 JNO FOSTER 153.12 ACRES 0.704207 WI	VAQUERO OPERATING	FOSTER FARMS INC 1 FULSHEAR, S.	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
Q9800 \| SLAUGHTER 26 #2 \| VAQUERO OPERATING \| TC RR/KILPATRICK \| .717500 WI	VAQUERO OPERATING	SLAUGHTER 26 #2	188189,203741	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
Q9795 \| SLAUGHTER -18- \| VAQUERO OPERATING \| TC RR CO \| .712500 WI	VAQUERO OPERATING	SLAUGHTER -18-	015315	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
M2422 \| PECOS FEE -G- \| VAQUERO OPERATING \| T&P RR-TOWNSHIP 9 \| .800666 WI	VAQUERO OPERATING	PECOS FEE -G-	154639	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.750000 4 FRIEDRICHS W#1 RRC # 277447 \| VAQUERO OPERATING \| AB 396 QUINN P SUR	VAQUERO OPERATING	FRIEDRICHS W#1	277447	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
BLOCKER RANCH A #7,8 (151051); OPR: VAQUERO OPERATING. (0.750000000 - W)	VAQUERO OPERATING.	BLOCKER RANCH A #7,8	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
BLOCKER RANCH #9,10 (430223); OPR: VAQUERO OPERATING. (0.750000000 - W)	VAQUERO OPERATING.	BLOCKER RANCH #9,10	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
BRISCOE 3-34-3 (430252); OPR: VAQUERO OPERATING. (0.751736110 - W)	VAQUERO OPERATING.	BRISCOE 3-34-3	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
BLOCKER B-9 (430259); OPR: VAQUERO OPERATING. (0.750000000 - W)	VAQUERO OPERATING.	BLOCKER B-9	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
RAPE, J.M. ESTATE 80024996-000 VAQUERO OPERAT/CABLE (DELAWARE) 0.81250000 W 552103 Use: G1	VAQUERO OPERAT	RAPE, J.M. ESTATE	80024996	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.7137670 WI FUNK ET AL GAS UNIT 1A \| RRC # 11014 \| VAQUERO OPERATING \| AB 22 DE JESUS LEON, M 11014 267082	VAQUERO OPERATING	FUNK ET AL GAS UNIT 1A	RRC # 11014	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
SCOTT & HOPPER A-1 (W55033); OPR: VAQUERO OPERATING. (0.732500000 - W)	VAQUERO OPERATING	SCOTT & HOPPER A-1	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
SCOTT & HOPPER #34D (W2900); OPR: VAQUERO OPERATING. (0.800000000 - W)	VAQUERO OPERATING	SCOTT & HOPPER #34D	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
SCOTT & HOPPER GAS UNIT # 1 - 3D, 4 & 5 (W2950); OPR: VAQUERO OPERATING. (0.780000000 - W)	VAQUERO OPERATING	SCOTT & HOPPER GAS UNIT # 1 - 3D, 4 & 5	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
BMT #1 (W55511); OPR: VAQUERO OPERATING. (0.744500000 - W)	VAQUERO OPERATING.	BMT #1	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
G2230 \| GRANDE JV-P \| VAQUERO OPERATING \| T & P RR CO \| .740165 WI	VAQUERO OPERATING	GRANDE JV-P	228680	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
G2235 \| GRANDE UNIT 2-2 \| VAQUERO OPERATING \| T & P \| .759032 WI	VAQUERO OPERATING	GRANDE UNIT 2-2	039734	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
M1920 \| MENDEL ESTATE -38- \| VAQUERO OPERATING \| T-9 T & P RR CO \| .753750 WI	VAQUERO OPERATING	MENDEL ESTATE -38-	282494	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
M1930 \| MENDEL ESTATE -38- \| VAQUERO OPERATING \| T & P RR CO \| .753750 WI	VAQUERO OPERATING	MENDEL ESTATE -38-	282495	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
M1930 \| MENDEL ESTATE -38- \| VAQUERO OPERATING \| T & P RR CO \| .753750 WI	VAQUERO OPERATING	MENDEL ESTATE -38-	282495	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
T9771 \| TENNECO-MENDEL EST38-2 \| VAQUERO OPERATING \| T&P RR CO T-9 WELLS 2 & 3 \| .757500 WI	VAQUERO OPERATING	TENNECO-MENDEL EST38-2	29950	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
T2000 \| STATE SCOUT \| VAQUERO OPERATING \| T&P RR CO/NEELY, L RRC 51169 \| .875000 WI	VAQUERO OPERATING	STATE SCOUT	51169	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
M2440 \| PECOS FEE 'L' \| VAQUERO OPERATING \| T&P T-10 \| .804145 WI	VAQUERO OPERATING	PECOS FEE 'L'	52,394,108,099,282,300	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
M2422 \| PECOS FEE -G- \| VAQUERO OPERATING \| T&P RR-TOWNSHIP 9 \| .800666 WI	VAQUERO OPERATING	PECOS FEE -G-	154639	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.033131 2 FRIEDRICHS W#1 RRC # 277447 \| VAQUERO OPERATING \| AB 396 QUINN P SUR	VAQUERO OPERATING	FRIEDRICHS W#1	277447	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.750000 4 FRIEDRICHS W#1 RRC # 277447 \| VAQUERO OPERATING \| AB 396 QUINN P SUR	VAQUERO OPERATING	FRIEDRICHS W#1	277447	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.750000 4 SUTHERLAND W#1 RRC # 7058 \| VAQUERO OPERATING \| AB 114 BARTON T B SUR	VAQUERO OPERATING	SUTHERLAND W#1	7058	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
SCOTT & HOPPER #34D (W2900); OPR: VAQUERO OPERATING. (0.800000000 - W)	VAQUERO OPERATING	SCOTT & HOPPER #34D	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
SCOTT & HOPPER GAS UNIT # 1 - 3D, 4 & 5 (W2950); OPR: VAQUERO OPERATING. (0.780000000 - W)	VAQUERO OPERATING	SCOTT & HOPPER GAS UNIT # 1 - 3D, 4 & 5	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
SCOTT & HOPPER A-1 (W55033); OPR: VAQUERO OPERATING. (0.732500000 - W)	VAQUERO OPERATING	SCOTT & HOPPER A-1	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
D2810 \| CLARK, L T "F" \| VAQUERO OPERATING \| R R WADE SUR \| .751250 WI	VAQUERO OPERATING	CLARK, L T "F"	016708	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
BMT #1 (W55511); OPR: VAQUERO OPERATING. (0.744500000 - W)	VAQUERO OPERATING.	BMT #1	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
AGARITA 20007118-000 VAQUERO OPERAT/DINERO, WEST (HOCKLEY) AB 317 /PRIMM WM SUR 0.74076900 W 552103 Use: G1	VAQUERO OPERAT	AGARITA	20007118	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
LEASE #J2000 FOSTER FARMS INC 1 FULSHEAR, S. (VAQUERO OPERATING) 26 JNO FOSTER 153.12 ACRES 0.704207 WI	VAQUERO OPERATING	FOSTER FARMS INC 1 FULSHEAR, S.	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
LEHRER -D W#04 31186461-000 VAQUERO OPERAT/EASTER, S. (HEARTBREAK AB 402 /MIXON NAHAM SUR 0.74345000 W 552103 Use: G1	VAQUERO OPERAT	LEHRER -D W#04	31186461	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
BLOCKER RANCH A #7,8 (151051); OPR: VAQUERO OPERATING. (0.750000000 - W)	VAQUERO OPERATING.	BLOCKER RANCH A #7,8	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
BLOCKER RANCH -B- W#8 (151052); OPR: VAQUERO OPERATING. (0.750000000 - W)	VAQUERO OPERATING.	BLOCKER RANCH -B- W#8	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
BRISCOE -3-26- W# 1 (154480); OPR: VAQUERO OPERATING. (0.750000000 - W)	VAQUERO OPERATING.	BRISCOE -3-26- W# 1	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
BRISCOE W# 1 (154520); OPR: VAQUERO OPERATING. (0.750000000 - W)	VAQUERO OPERATING.	BRISCOE W# 1	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
BRISCOE 4,D,& E (I-POOLED) (154760); OPR: VAQUERO OPERATING. (0.751736110 - W)	VAQUERO OPERATING.	BRISCOE 4,D,& E (I-POOLED)	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
BRISCOE TR 20,32,35 #6-9 (155120); OPR: VAQUERO OPERATING. (0.750572930 - W)	VAQUERO OPERATING.	BRISCOE TR 20,32,35 #6-9	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
BRISCOE TR 22,23,30 #2,4,6 (155160); OPR: VAQUERO OPERATING. (0.750000000 - W)	VAQUERO OPERATING.	BRISCOE TR 22,23,30 #2,4,6	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
BLOCKER RANCH #9,10 (430223); OPR: VAQUERO OPERATING. (0.750000000 - W)	VAQUERO OPERATING.	BLOCKER RANCH #9,10	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
BRISCOE #4-1, 3-28 (430228); OPR: VAQUERO OPERATING. (0.751736110 - W)	VAQUERO OPERATING.	BRISCOE #4-1, 3-28	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
BRISCOE 3-34-3 (430252); OPR: VAQUERO OPERATING. (0.751736110 - W)	VAQUERO OPERATING.	BRISCOE 3-34-3	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
BLOCKER B-9 (430259); OPR: VAQUERO OPERATING. (0.750000000 - W)	VAQUERO OPERATING.	BLOCKER B-9	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
BRISCOE F 1020,1011,1032 & 2011 (484606); OPR: VAQUERO OPERATING. (0.752986110 - W)	VAQUERO OPERATING.	BRISCOE F 1020,1011,1032 & 2011	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
BRISCOE F 217, 1017 (484607); OPR: VAQUERO OPERATING. (0.757986110 - W)	VAQUERO OPERATING.	BRISCOE F 217, 1017	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
BRISCOE 3-17-3 AND 4-9-3 (487964); OPR: VAQUERO OPERATING. (0.757986110 - W)	VAQUERO OPERATING.	BRISCOE 3-17-3 AND 4-9-3	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
G2230 \| GRANDE JV-P \| VAQUERO OPERATING \| T & P RR CO \| .740165 WI	VAQUERO OPERATING	GRANDE JV-P	228680	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
G2235 \| GRANDE UNIT 2-2 \| VAQUERO OPERATING \| T & P \| .759032 WI	VAQUERO OPERATING	GRANDE UNIT 2-2	39734	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
I5680 \| JV-P GRANDE 8004 \| VAQUERO OPERATING \| T&P PT W2 \| .812500 WI	VAQUERO OPERATING	JV-P GRANDE 8004	138702	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
K6387 \| MENDEL ESTATE -38- \| VAQUERO OPERATING \| T&P RR CO \| .757500 WI	VAQUERO OPERATING	MENDEL ESTATE -38-	37782	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
M1920 \| MENDEL ESTATE -38- \| VAQUERO OPERATING \| T-9 T & P RR CO \| .753750 WI	VAQUERO OPERATING	MENDEL ESTATE -38-	282494	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
G2230 \| GRANDE JV-P \| VAQUERO OPERATING \| T & P RR CO \| 0.74016499999999996 WI	VAQUERO OPERATING	GRANDE JV-P	228680	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
G2235 \| GRANDE UNIT 2-2 \| VAQUERO OPERATING \| T & P \| 9.0320000000000001E-3 OR	VAQUERO OPERATING	GRANDE UNIT 2-2	39734	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
G2235 \| GRANDE UNIT 2-2 \| VAQUERO OPERATING \| T & P \| 0.75903200000000004 WI	VAQUERO OPERATING	GRANDE UNIT 2-2	39734	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
I5680 \| JV-P GRANDE 8004 \| VAQUERO OPERATING \| T&P PT W2 \| 0.8125 WI	VAQUERO OPERATING	JV-P GRANDE 8004	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
K6387 \| MENDEL ESTATE -38- \| VAQUERO OPERATING \| T&P RR CO \| 0.75749999999999995 WI	VAQUERO OPERATING	MENDEL ESTATE -38-	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
M1920 \| MENDEL ESTATE -38- \| VAQUERO OPERATING \| T-9 T & P RR CO \| 3.7499999999999999E-3 OR	VAQUERO OPERATING	MENDEL ESTATE -38-	282494	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
M1920 \| MENDEL ESTATE -38- \| VAQUERO OPERATING \| T-9 T & P RR CO \| 0.75375000000000003 WI	VAQUERO OPERATING	MENDEL ESTATE -38-	282494	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
M1930 \| MENDEL ESTATE -38- \| VAQUERO OPERATING \| T & P RR CO \| 3.7499999999999999E-3 OR	VAQUERO OPERATING	MENDEL ESTATE -38-	282495	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
M1930 \| MENDEL ESTATE -38- \| VAQUERO OPERATING \| T & P RR CO \| 0.75375000000000003 WI	VAQUERO OPERATING	MENDEL ESTATE -38-	282495	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
M2422 \| PECOS FEE -G- \| VAQUERO OPERATING \| T&P RR-TOWNSHIP 9 \| 0.80066599999999999 WI	VAQUERO OPERATING	PECOS FEE -G-	154639	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
M2440 \| PECOS FEE 'L' \| VAQUERO OPERATING \| T&P T-10 \| 0.804145 WI	VAQUERO OPERATING	PECOS FEE 'L'	52394,108099,282388	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
T2000 \| STATE SCOUT \| VAQUERO OPERATING \| T&P RR CO/NEELY, L RRC 51169 \| 0.875 WI	VAQUERO OPERATING	STATE SCOUT	51169	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
T9771 \| TENNECO-MENDEL EST38-2 \| PRIMEXX OPERATING CORP \| T&P RR CO T-9 WELLS 2 & 3 \| 0.75749999999999995 WI	PRIMEXX OPERATING CORP	TENNECO-MENDEL EST38-2	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.7200000 WI PAGE-EDWARDS \| RRC # 33158 \| VAQUERO OPR \| PSL BLK B-23 SEC 12 N/2 SE/160 ACRES	VAQUERO OPR	PAGE-EDWARDS	RRC # 33158	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.033131 2 FRIEDRICHS W#1 RRC # 277447 \| VAQUERO OPERATING \| AB 396 QUINN P SUR	VAQUERO OPERATING	FRIEDRICHS W#1	277447	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.750000 4 FRIEDRICHS W#1 RRC # 277447 \| VAQUERO OPERATING \| AB 396 QUINN P SUR	VAQUERO OPERATING	FRIEDRICHS W#1	277447	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.750000 4 SUTHERLAND W#1 RRC # 7058 \| VAQUERO OPERATING \| AB 114 THOMAS B BARTON SUR	VAQUERO OPERATING	SUTHERLAND W#1	7058	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.750000 4 SHAW JOHN B W#4 RRC # 6765 \| VAQUERO OPERATING \| AB 212 E LATHAM SUR	VAQUERO OPERATING	SHAW JOHN B W#4	6765	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
SCOTT & HOPPER #34D (W2900); OPR: VAQUERO OPERATING. (0.800000000 - W)	VAQUERO OPERATING	SCOTT & HOPPER #34D	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
SCOTT & HOPPER GAS UNIT # 1 - 3D, 4 & 5 (W2950); OPR: VAQUERO OPERATING. (0.780000000 - W)	VAQUERO OPERATING	SCOTT & HOPPER GAS UNIT # 1 - 3D, 4 & 5	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
SCOTT & HOPPER A-1 (W55033); OPR: VAQUERO OPERATING. (0.732500000 - W)	VAQUERO OPERATING	SCOTT & HOPPER A-1	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
D2810 \| CLARK, L T "F" \| VAQUERO OPERATING \| R R WADE SUR \| 0.75124999999999997 WI	VAQUERO OPERATING	CLARK, L T "F"	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.000 0.755000 0310200 SERNA DONATO "A" VAQUERO OPERATING WI AB 2115 J POITEVENT/M SERNA286RRC 184975	VAQUERO OPERATING	SERNA DONATO "A"	184975	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.000 0.715000 0258700 MEW #1 VAQUERO OPERATING WI AB 417 J POITEVENT #285RRC 180326	VAQUERO OPERATING	MEW #1	180326	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
BMT #1 (W55511); OPR: VAQUERO OPERATING. (0.744500000 - W)	VAQUERO OPERATING.	BMT #1	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
AGARITA 20007118-000 VAQUERO OPERAT/DINERO, WEST (HOCKLEY) AB 317 /PRIMM WM SUR 0.74076900 W 552103 Use: G1	VAQUERO OPERAT	AGARITA	20007118	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
LEASE #J2000, FOSTER FARMS INC 1, LEONARD BROTHERS OPERATING CO, 208026, FULSHEAR, S., 26 JNO FOSTER 153.12 ACRES, WI, 75.000000, 75.000000% WI	LEONARD BROTHERS OPERATING CO	FOSTER FARMS INC 1	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
BLOCKER RANCH A #7,8 (151051); OPR: VAQUERO OPERATING. (0.750000000 - W)	VAQUERO OPERATING.	BLOCKER RANCH A #7,8	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
BLOCKER RANCH -B- W#8 (151052); OPR: VAQUERO OPERATING. (0.750000000 - W)	VAQUERO OPERATING.	BLOCKER RANCH -B- W#8	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
BRISCOE -3-26- W# 1 (154480); OPR: VAQUERO OPERATING. (0.750000000 - W)	VAQUERO OPERATING.	BRISCOE -3-26- W# 1	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
BRISCOE W# 1 (154520); OPR: VAQUERO OPERATING. (0.750000000 - W)	VAQUERO OPERATING.	BRISCOE W# 1	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
BRISCOE 4,D,& E (I-POOLED) (154760); OPR: VAQUERO OPERATING. (0.751736110 - W)	VAQUERO OPERATING.	BRISCOE 4,D,& E (I-POOLED)	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
BRISCOE TR 20,32,35 #6-9 (155120); OPR: VAQUERO OPERATING. (0.750572930 - W)	VAQUERO OPERATING.	BRISCOE TR 20,32,35 #6-9	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
BRISCOE TR 22,23,30 #2,4,6 (155160); OPR: VAQUERO OPERATING. (0.750000000 - W)	VAQUERO OPERATING.	BRISCOE TR 22,23,30 #2,4,6	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
BLOCKER RANCH #9,10 (430223); OPR: VAQUERO OPERATING. (0.750000000 - W)	VAQUERO OPERATING.	BLOCKER RANCH #9,10	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
BRISCOE #4-1, 3-28 (430228); OPR: VAQUERO OPERATING. (0.751736110 - W)	VAQUERO OPERATING.	BRISCOE #4-1, 3-28	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
BRISCOE 3-34-3 (430252); OPR: VAQUERO OPERATING. (0.751736110 - W)	VAQUERO OPERATING.	BRISCOE 3-34-3	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
BRISCOE 3-32-7 (430253); OPR: VAQUERO OPERATING. (0.750572930 - W)	VAQUERO OPERATING.	BRISCOE 3-32-7	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
BLOCKER B-9 (430259); OPR: VAQUERO OPERATING. (0.750000000 - W)	VAQUERO OPERATING.	BLOCKER B-9	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
BRISCOE F 1020,1011,1032 & 2011 (484606); OPR: VAQUERO OPERATING. (0.752986110 - W)	VAQUERO OPERATING.	BRISCOE F 1020,1011,1032 & 2011	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
BRISCOE F 217, 1017 (484607); OPR: VAQUERO OPERATING. (0.757986110 - W)	VAQUERO OPERATING.	BRISCOE F 217, 1017	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
BRISCOE F 103 (484610); OPR: VAQUERO OPERATING. (0.754611110 - W)	VAQUERO OPERATING.	BRISCOE F 103	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
BRISCOE F 109 (486320); OPR: VAQUERO OPERATING. (0.757986110 - W)	VAQUERO OPERATING.	BRISCOE F 109	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
BRISCOE 3-17-3 AND 4-9-3 (487964); OPR: VAQUERO OPERATING. (0.757986110 - W)	VAQUERO OPERATING.	BRISCOE 3-17-3 AND 4-9-3	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.7200000 WI PAGE-EDWARDS \| RRC # 33158 \| VAQUERO OPR \| PSL BLK B-23 SEC 12 N/2 SE/160 ACRES	VAQUERO OPR	PAGE-EDWARDS	RRC # 33158	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
G2230 \| GRANDE JV-P \| VAQUERO OPERATING \| T & P RR CO \| 0.74016499999999996 WI	VAQUERO OPERATING	GRANDE JV-P	228680	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
G2235 \| GRANDE UNIT 2-2 \| VAQUERO OPERATING \| T & P \| 9.0320000000000001E-3 OR	VAQUERO OPERATING	GRANDE UNIT 2-2	39734	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
G2235 \| GRANDE UNIT 2-2 \| VAQUERO OPERATING \| T & P \| 0.75903200000000004 WI	VAQUERO OPERATING	GRANDE UNIT 2-2	39734	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
I5680 \| JV-P GRANDE 8004 \| VAQUERO OPERATING \| T&P PT W2 \| 0.8125 WI	VAQUERO OPERATING	JV-P GRANDE 8004	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
K6387 \| MENDEL ESTATE -38- \| VAQUERO OPERATING \| T&P RR CO \| 0.75749999999999995 WI	VAQUERO OPERATING	MENDEL ESTATE -38-	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
M1920 \| MENDEL ESTATE -38- \| VAQUERO OPERATING \| T-9 T & P RR CO \| 3.7499999999999999E-3 OR	VAQUERO OPERATING	MENDEL ESTATE -38-	282494	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
M1920 \| MENDEL ESTATE -38- \| VAQUERO OPERATING \| T-9 T & P RR CO \| 0.75375000000000003 WI	VAQUERO OPERATING	MENDEL ESTATE -38-	282494	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
M1930 \| MENDEL ESTATE -38- \| VAQUERO OPERATING \| T & P RR CO \| 3.7499999999999999E-3 OR	VAQUERO OPERATING	MENDEL ESTATE -38-	282495	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
M1930 \| MENDEL ESTATE -38- \| VAQUERO OPERATING \| T & P RR CO \| 0.75375000000000003 WI	VAQUERO OPERATING	MENDEL ESTATE -38-	282495	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
M2422 \| PECOS FEE -G- \| VAQUERO OPERATING \| T&P RR-TOWNSHIP 9 \| 0.80066599999999999 WI	VAQUERO OPERATING	PECOS FEE -G-	154639	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
M2440 \| PECOS FEE 'L' \| VAQUERO OPERATING \| T&P T-10 \| 0.804145 WI	VAQUERO OPERATING	PECOS FEE 'L'	52,394,108,099,282,300	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
T2000 \| STATE SCOUT \| VAQUERO OPERATING \| T&P RR CO/NEELY, L RRC 51169 \| 0.875 WI	VAQUERO OPERATING	STATE SCOUT	51169	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
T9771 \| TENNECO-MENDEL EST38-2 \| PRIMEXX OPERATING CORP \| T&P RR CO T-9 WELLS 2 & 3 \| 0.75749999999999995 WI	PRIMEXX OPERATING CORP	TENNECO-MENDEL EST38-2	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.720000 4 PAGE-EDWARDS RRC # 33158 \| VAQUERO OPR \| PSL BLK B-23 SEC 12	VAQUERO OPR	PAGE-EDWARDS	33158	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
.750000 WI VAQUERO OPERATING (U1855) TIMBERWOLF UL #701 A- B-27 S-7 UL API 423713914000 RRC 45694 12,630 SC 2	VAQUERO OPERATING	TIMBERWOLF UL #701	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
ONEY BROS. #1 81084584-000 VAQUERO OPERAT/HAMON (5270) AB 717 BLK T8S 50 SEC 15 /T&P RR CO SUR 0.74784600 W 552103 Use: G1 O7310.0712241.WI	VAQUERO OPERAT	ONEY BROS. #1 81084584-000	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
ONEY BROS. (SUN) #1 81132403-000 VAQUERO OPERAT/HAMON (5270) AB 717 BLK T8S 50 SEC 15 /T&P RR CO SUR 0.74784600 W 552103 Use: G1 O7740.0712241.WI	VAQUERO OPERAT	ONEY BROS. (SUN) #1 81132403	0	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.750000 4 SUTHERLAND W#1 RRC # 7058 \| VAQUERO OPERATING \| AB 114 THOMAS B BARTON SUR	VAQUERO OPERATING	SUTHERLAND W#1	7058	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.750000 4 SHAW JOHN B W#4 RRC # 6765 \| VAQUERO OPERATING \| AB 212 E LATHAM SUR	VAQUERO OPERATING	SHAW JOHN B W#4	6765	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
SCOTT & HOPPER #34D (W2900); OPR: VAQUERO OPERATING. (0.800000000 - W)	VAQUERO OPERATING	SCOTT & HOPPER #34D	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
SCOTT & HOPPER GAS UNIT # 1 - 3D, 4 & 5 (W2950); OPR: VAQUERO OPERATING. (0.780000000 - W)	VAQUERO OPERATING	SCOTT & HOPPER GAS UNIT # 1 - 3D, 4 & 5	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
SCOTT & HOPPER A-1 (W55033); OPR: VAQUERO OPERATING. (0.732500000 - W)	VAQUERO OPERATING	SCOTT & HOPPER A-1	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
LEASE #0158350 BORCHERS WILLIAM W#30 VAQUERO OPERATING WI 0.833333 AB 114 CHESHER J RRC 273881 130922 139533	VAQUERO OPERATING	BORCHERS WILLIAM W#30	273881 130922 139533	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
Legal: Tract: 2, Abst: 7532, CLARK, L T "F", VAQUERO OPERATING, WATER VALLEY SAN ANDRES, R R WADE SUR	VAQUERO OPERATING	CLARK, L T "F"	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.000 0.755000 0310200 SERNA DONATO "A" VAQUERO OPERATING WI AB 2115 J POITEVENT/M SERNA286RRC 184975	VAQUERO OPERATING	SERNA DONATO "A"	184975	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.000 0.715000 0258700 MEW #1 VAQUERO OPERATING WI AB 417 J POITEVENT #285RRC 180326	VAQUERO OPERATING	MEW #1	180326	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
BMT #1 (W55511); OPR: VAQUERO OPERATING. (0.744500000 - W)	VAQUERO OPERATING.	BMT #1	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
AGARITA 20007118-000 VAQUERO OPERAT/DINERO, WEST (HOCKLEY) AB 317 /PRIMM WM SUR 0.74076900 W 552103 Use: G1	VAQUERO OPERAT	AGARITA 20007118-000	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
BLOCKER RANCH A #7,8 (151051); OPR: VAQUERO OPERATING. (0.750000000 - W)	VAQUERO OPERATING.	BLOCKER RANCH A #7,8	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
BLOCKER RANCH -B- W#8 (151052); OPR: VAQUERO OPERATING. (0.750000000 - W)	VAQUERO OPERATING.	BLOCKER RANCH -B- W#8	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
BRISCOE -3-26- W# 1 (154480); OPR: VAQUERO OPERATING. (0.750000000 - W)	VAQUERO OPERATING.	BRISCOE -3-26- W# 1	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
BRISCOE W# 1 (154520); OPR: VAQUERO OPERATING. (0.750000000 - W)	VAQUERO OPERATING.	BRISCOE W# 1	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
BRISCOE 4,D,& E (I-POOLED) (154760); OPR: VAQUERO OPERATING. (0.751736110 - W)	VAQUERO OPERATING.	BRISCOE 4,D,& E (I-POOLED)	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
BRISCOE TR 20,32,35 #6-9 (155120); OPR: VAQUERO OPERATING. (0.750572930 - W)	VAQUERO OPERATING.	BRISCOE TR 20,32,35 #6-9	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
BRISCOE TR 22,23,30 #2,4,6 (155160); OPR: VAQUERO OPERATING. (0.750000000 - W)	VAQUERO OPERATING.	BRISCOE TR 22,23,30 #2,4,6	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
BLOCKER RANCH #9,10 (430223); OPR: VAQUERO OPERATING. (0.750000000 - W)	VAQUERO OPERATING.	BLOCKER RANCH #9,10	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
BRISCOE #4-1, 3-28 (430228); OPR: VAQUERO OPERATING. (0.751736110 - W)	VAQUERO OPERATING.	BRISCOE #4-1, 3-28	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
BRISCOE 3-34-3 (430252); OPR: VAQUERO OPERATING. (0.751736110 - W)	VAQUERO OPERATING.	BRISCOE 3-34-3	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
BRISCOE 3-32-7 (430253); OPR: VAQUERO OPERATING. (0.750572930 - W)	VAQUERO OPERATING.	BRISCOE 3-32-7	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
BLOCKER B-9 (430259); OPR: VAQUERO OPERATING. (0.750000000 - W)	VAQUERO OPERATING.	BLOCKER B-9	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
BRISCOE F 1020,1011,1032 & 2011 (484606); OPR: VAQUERO OPERATING. (0.752986110 - W)	VAQUERO OPERATING.	BRISCOE F 1020,1011,1032 & 2011	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
BRISCOE F 217, 1017 (484607); OPR: VAQUERO OPERATING. (0.757986110 - W)	VAQUERO OPERATING.	BRISCOE F 217, 1017	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
BRISCOE F 103 (484610); OPR: VAQUERO OPERATING. (0.754611110 - W)	VAQUERO OPERATING.	BRISCOE F 103	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
BRISCOE F 109 (486320); OPR: VAQUERO OPERATING. (0.757986110 - W)	VAQUERO OPERATING.	BRISCOE F 109	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
BRISCOE 3-17-3 AND 4-9-3 (487964); OPR: VAQUERO OPERATING. (0.757986110 - W)	VAQUERO OPERATING.	BRISCOE 3-17-3 AND 4-9-3	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
ONEY BROS. #1 81084584-000 VAQUERO OPERAT/HAMON (5270) AB 717 BLK T8S 50 SEC 15 /T&P RR CO SUR 0.74784600 W 552103 Use: G1 O7310.0712241.WI	VAQUERO OPERAT	ONEY BROS. #1 81084584-000	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
ONEY BROS. (SUN) #1 81132403-000 VAQUERO OPERAT/HAMON (5270) AB 717 BLK T8S 50 SEC 15 /T&P RR CO SUR 0.74784600 W 552103 Use: G1 O7740.0712241.WI	VAQUERO OPERAT	ONEY BROS. (SUN) #1 81132403	0	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.720000 4 PAGE-EDWARDS RRC # 33158 \| VAQUERO OPR \| PSL BLK B-23 SEC 12	VAQUERO OPR	PAGE-EDWARDS	33158	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
.750000 WI VAQUERO OPERATING (U1855) TIMBERWOLF UL #701 A- B-27 S-7 UL API 423713914000 RRC 45694 12,630 SC 2	VAQUERO OPERATING	TIMBERWOLF UL #701	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.720000 4 PAGE-EDWARDS RRC # 33158 \| VAQUERO OPR \| PSL BLK B-23 SEC 12	VAQUERO OPR	PAGE-EDWARDS	33158	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
ONEY BROS. #1 81084584-000 VAQUERO OPERAT/HAMON (5270) AB 717 BLK T8S 50 SEC 15 /T&P RR CO SUR 0.74784600 W 552103 Use: G1 O7310.0712241.WI	VAQUERO OPERAT	ONEY BROS. #1	81084584	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
ONEY BROS. (SUN) #1 81132403-000 VAQUERO OPERAT/HAMON (5270) AB 717 BLK T8S 50 SEC 15 /T&P RR CO SUR 0.74784600 W 552103 Use: G1 O7740.0712241.WI	VAQUERO OPERAT	ONEY BROS. (SUN) #1	81132403	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
121020 PO&G UNIVERSITY 18 \| VAQUERO OPERATING \| ULS BLK 16 SEC 18 U18 RRC # 43952 \| 0.750000\|4	VAQUERO OPERATING	PO&G UNIVERSITY 18	RRC # 43952	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
12694 SUTHERLAND W#1 \| VAQUERO OPERATING \| AB 114 THOMAS B BARTON SUR RRC 7058 RRC # 7058 \| 0.750000\|4	VAQUERO OPERATING	SUTHERLAND W#1	RRC # 7058	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
SCOTT & HOPPER #34D (W2900); OPR: VAQUERO OPERATING. (0.800000000 - W)	VAQUERO OPERATING	SCOTT & HOPPER #34D	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
SCOTT & HOPPER GAS UNIT # 1 - 3D, 4 & 5 (W2950); OPR: VAQUERO OPERATING. (0.780000000 - W)	VAQUERO OPERATING	SCOTT & HOPPER GAS UNIT # 1 - 3D, 4 & 5	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
SCOTT & HOPPER A-1 (W55033); OPR: VAQUERO OPERATING. (0.732500000 - W)	VAQUERO OPERATING	SCOTT & HOPPER A-1	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
Legal: Tract: 2, Abst: 7532, CLARK, L T "F", VAQUERO OPERATING, WATER VALLEY SAN ANDRES, R R WADE SUR	VAQUERO OPERATING	CLARK, L T "F"	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.000 0.755000 0310200 SERNA DONATO "A" VAQUERO OPERATING WI AB 2115 J POITEVENT/M SERNA286RRC 184975	VAQUERO OPERATING	SERNA DONATO "A"	184975	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
WEARDEN BFE #1 21219455-000 VAQUERO OPERAT/CORDELE, EAST (2800) AB 261 /SIMONS J SUR 0.75000000 W 552103 Use: G1	VAQUERO OPERAT	WEARDEN BFE #1	21219455	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
WEARDEN WL #2 21229496-000 VAQUERO OPERAT/WEARDEN (4450) AB 352 /JERNIGAN J W SUR 0.75000000 W 552103 Use: G1	VAQUERO OPERAT	WEARDEN WL #2	21229496	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
WEARDEN #1 21230673-000 VAQUERO OPERAT/WEARDEN (4450) AB 100 /COTTLE JD SUR 0.75000000 W 552103 Use: G1	VAQUERO OPERAT	WEARDEN #1	21230673	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
WEARDEN B WL 1C 21251052-000 VAQUERO OPERAT/WEARDEN (FRIO) AB 352 /JERNIGAN J W SUR 0.75000000 W 552103 Use: G1	VAQUERO OPERAT	WEARDEN B WL 1C	21251052	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
WEARDEN B WL 1T 21251053-000 VAQUERO OPERAT/WEARDEN (4450) AB 352 /JERNIGAN J W SUR 0.87500000 W 552103 Use: G1	VAQUERO OPERAT	WEARDEN B WL 1T	21251053	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
BMT #1 (W55511); OPR: VAQUERO OPERATING. (0.744500000 - W)	VAQUERO OPERATING.	BMT #1	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
AGARITA 20007118-000 VAQUERO OPERAT/DINERO, WEST (HOCKLEY) AB 317 /PRIMM WM SUR 0.74076900 W 552103 Use: G1	VAQUERO OPERAT	AGARITA	20007118	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
BLOCKER RANCH A #7,8 (151051); OPR: VAQUERO OPERATING. (0.750000000 - W)	VAQUERO OPERATING.	BLOCKER RANCH A #7,8	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
BLOCKER RANCH -B- W#8 (151052); OPR: VAQUERO OPERATING. (0.750000000 - W)	VAQUERO OPERATING.	BLOCKER RANCH -B- W#8	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
BRISCOE -3-26- W# 1 (154480); OPR: VAQUERO OPERATING. (0.750000000 - W)	VAQUERO OPERATING.	BRISCOE -3-26- W# 1	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
BRISCOE W# 1 (154520); OPR: VAQUERO OPERATING. (0.750000000 - W)	VAQUERO OPERATING.	BRISCOE W# 1	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
BRISCOE 4,D,& E (I-POOLED) (154760); OPR: VAQUERO OPERATING. (0.751736110 - W)	VAQUERO OPERATING.	BRISCOE 4,D,& E (I-POOLED)	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
BRISCOE TR 20,32,35 #6-9 (155120); OPR: VAQUERO OPERATING. (0.750572930 - W)	VAQUERO OPERATING.	BRISCOE TR 20,32,35 #6-9	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
BRISCOE #4-1, 3-28 (430228); OPR: VAQUERO OPERATING. (0.751736110 - W)	VAQUERO OPERATING.	BRISCOE #4-1, 3-28	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
BRISCOE 3-34-3 (430252); OPR: VAQUERO OPERATING. (0.751736110 - W)	VAQUERO OPERATING.	BRISCOE 3-34-3	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
BRISCOE 3-32-7 (430253); OPR: VAQUERO OPERATING. (0.750572930 - W)	VAQUERO OPERATING.	BRISCOE 3-32-7	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
BLOCKER B-9 (430259); OPR: VAQUERO OPERATING. (0.750000000 - W)	VAQUERO OPERATING.	BLOCKER B-9	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
BRISCOE F 109 (486320); OPR: VAQUERO OPERATING. (0.757986110 - W)	VAQUERO OPERATING.	BRISCOE F 109	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
BRISCOE TR 22,23,30 #2,4,6 (155160); OPR: VAQUERO OPERATING. (0.750000000 - W)	VAQUERO OPERATING.	BRISCOE TR 22,23,30 #2,4,6	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
BRISCOE F 1020,1011,1032 & 2011 (484606); OPR: VAQUERO OPERATING. (0.752986110 - W)	VAQUERO OPERATING.	BRISCOE F 1020,1011,1032 & 2011	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
BRISCOE F 217, 1017 (484607); OPR: VAQUERO OPERATING. (0.757986110 - W)	VAQUERO OPERATING.	BRISCOE F 217, 1017	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
BRISCOE F 103 (484610); OPR: VAQUERO OPERATING. (0.754611110 - W)	VAQUERO OPERATING.	BRISCOE F 103	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
BRISCOE 3-17-3 AND 4-9-3 (487964); OPR: VAQUERO OPERATING. (0.757986110 - W)	VAQUERO OPERATING.	BRISCOE 3-17-3 AND 4-9-3	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
BLOCKER RANCH #9,10 (430223); OPR: VAQUERO OPERATING. (0.750000000 - W)	VAQUERO OPERATING.	BLOCKER RANCH #9,10	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
ONEY BROS. #1 81084584-000 VAQUERO OPERAT/HAMON (5270) AB 717 BLK T8S 50 SEC 15 /T&P RR CO SUR 0.74784600 W 552103 Use: G1 O7310.0712241.WI	VAQUERO OPERAT	ONEY BROS. #1	81084584	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
ONEY BROS. (SUN) #1 81132403-000 VAQUERO OPERAT/HAMON (5270) AB 717 BLK T8S 50 SEC 15 /T&P RR CO SUR 0.74784600 W 552103 Use: G1 O7740.0712241.WI	VAQUERO OPERAT	ONEY BROS. (SUN) #1	81132403	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.720000 4 PAGE-EDWARDS RRC # 33158 \| VAQUERO OPR \| PSL BLK B-23 SEC 12	VAQUERO OPR	PAGE-EDWARDS	33158	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
121020 PO&G UNIVERSITY 18 \| VAQUERO OPERATING \| ULS BLK 16 SEC 18 U18 RRC # 43952 \| 0.750000\|4	VAQUERO OPERATING	PO&G UNIVERSITY 18	RRC # 43952	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
12365 SHAW JOHN B W#1 \| VAQUERO OPERATING \| AB 212 E LATHAM SUR RRC: RRC 6756 \| .750000 WI --	VAQUERO OPERATING	SHAW JOHN B W#1	6756	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
140981 SHAW JOHN B W#4 \| VAQUERO OPERATING \| AB 212 E LATHAM SUR RRC: RRC 6765 \| .750000 WI -	VAQUERO OPERATING	SHAW JOHN B W#4	6765	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
12694 SUTHERLAND W#1 \| VAQUERO OPERATING \| AB 114 THOMAS B BARTON SUR RRC: RRC 7058 \| .750000 WI -	VAQUERO OPERATING	SUTHERLAND W#1	7058	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
SCOTT & HOPPER GU 1-7 (W18420); OPR: VAQUERO OPERATING INC. (0.780000000 - W)	VAQUERO OPERATING INC.	SCOTT & HOPPER GU 1-7	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
SCOTT & HOPPER (W2900); OPR: VAQUERO OPERATING INC. (0.800000000 - W)	VAQUERO OPERATING INC.	SCOTT & HOPPER	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
SCOTT & HOPPER GAS UNIT (W2950); OPR: VAQUERO OPERATING INC. (0.780000000 - W)	VAQUERO OPERATING INC.	SCOTT & HOPPER GAS UNIT	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
SCOTT & HOPPER A-1 (W55033); OPR: VAQUERO OPERATING INC. (0.732500000 - W)	VAQUERO OPERATING INC.	SCOTT & HOPPER A-1	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
LEASE #0158350 BORCHERS WILLIAM W#30 VAQUERO OPERATING WI 0.833333 AB 114 CHESHER J RRC 273881 130922 139533	VAQUERO OPERATING	BORCHERS WILLIAM W#30	273881 130922 139533	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
LEASE #0091108 BORCHERS WILLIAM -B- W#5 VAQUERO OPERATING WI 0.725000 AB 114 CHESHER J RRC 256309	VAQUERO OPERATING	BORCHERS WILLIAM -B- W#5	256309	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
KENEDY RANCH "A" (W16938); OPR: VAQUERO OPERATING INC. (0.009375000 - O)	VAQUERO OPERATING INC.	KENEDY RANCH "A"	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
KENEDY RANCH "A" (W16938); OPR: VAQUERO OPERATING INC. (0.740625000 - W)	VAQUERO OPERATING INC.	KENEDY RANCH "A"	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
Legal: Tract: 2, Abst: 7532, CLARK, L T "F", VAQUERO OPERATING, WATER VALLEY SAN ANDRES, R R WADE SUR	VAQUERO OPERATING	CLARK, L T "F"	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
WEARDEN BFE #1 2 VAQUERO OPERAT/CORDELE, EAST (2800) AB 261 /SIMONS J SUR, 75%, WI	VAQUERO OPERAT	WEARDEN BFE #1	219455	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
WEARDEN WL #2 2 VAQUERO OPERAT/WEARDEN (4450) AB 352 /JERNIGAN J W SUR, 75%, WI	VAQUERO OPERAT	WEARDEN WL #2	229496	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
WEARDEN #1 2 VAQUERO OPERAT/WEARDEN (4450) AB 100 /COTTLE JD SUR, 75%, WI	VAQUERO OPERAT	WEARDEN #1	230673	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
WEARDEN B WL 1C 2 VAQUERO OPERAT/WEARDEN (FRIO) AB 352 /JERNIGAN J W SUR, 75%, WI	VAQUERO OPERAT	WEARDEN B WL 1C	251052	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
WEARDEN B WL 1T 2 VAQUERO OPERAT/WEARDEN (4450) AB 352 /JERNIGAN J W SUR, 87.5%, WI	VAQUERO OPERAT	WEARDEN B WL 1T	251053	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
BMT #1 (W55511); OPR: VAQUERO OPERATING INC. (0.744500000 - W)	VAQUERO OPERATING INC.	BMT #1	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
HARKINS T J 20006150-000 \| VAQUERO OPERAT/DINERO, WEST (PETTUS) \| AB 317 /WM PRIMM SUR \| 0.802500 W \| 552103 Use: G1	VAQUERO OPERAT	HARKINS T J	20006150-000	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
PARKER 20006820-000 \| VAQUERO OPERAT/JACKSON RANCH (YEGUA 5 \| AB 357 /J POITEVANT #25 SUR \| 0.770000 W \| 552103 Use: G1	VAQUERO OPERAT	PARKER	20006820-000	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
AGARITA 20007118-000 \| VAQUERO OPERAT/DINERO, WEST (HOCKLEY) \| AB 317 /PRIMM WM SUR \| 0.740769 W \| 552103 Use: G1	VAQUERO OPERAT	AGARITA	20007118-000	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
HARKINS-LAY W#01 20008082-000 \| VAQUERO OPERAT/DINERO, WEST (PETTUS) \| AB 839 SEC 24 /DIX O T SUR \| 0.799998 W \| 552103 Use: G1	VAQUERO OPERAT	HARKINS-LAY W#01	20008082-000	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
PARKER 20008848-000 \| VAQUERO OPERAT/JACKSON RANCH (YEGUA 5 \| AB 367 /POITEVANT J SUR \| 0.770000 W \| 552103 Use: G1	VAQUERO OPERAT	PARKER	20008848-000	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
BRISCOE F 1020,1011,1032 & 2011 (484606); OPR: VAQUERO OPERATING INC. (0.752986110 - W)	VAQUERO OPERATING INC.	BRISCOE F 1020,1011,1032 & 2011	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
BRISCOE F 217, 1017 (484607); OPR: VAQUERO OPERATING INC. (0.757986110 - W)	VAQUERO OPERATING INC.	BRISCOE F 217, 1017	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
BRISCOE F 103 (484610); OPR: VAQUERO OPERATING INC. (0.754611110 - W)	VAQUERO OPERATING INC.	BRISCOE F 103	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
BRISCOE F 109 (486320); OPR: VAQUERO OPERATING INC. (0.757986110 - W)	VAQUERO OPERATING INC.	BRISCOE F 109	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
BLOCKER RANCH #9,10 (430223); OPR: VAQUERO OPERATING INC. (0.750000000 - W)	VAQUERO OPERATING INC.	BLOCKER RANCH #9,10	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
BRISCOE #4-1, 3-28 (430228); OPR: VAQUERO OPERATING INC. (0.751736110 - W)	VAQUERO OPERATING INC.	BRISCOE #4-1, 3-28	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
BRISCOE 3-17-3 AND 4-9-3 (487964); OPR: VAQUERO OPERATING INC. (0.757986110 - W)	VAQUERO OPERATING INC.	BRISCOE 3-17-3 AND 4-9-3	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
BLOCKER RANCH -B- W#8 (151052); OPR: VAQUERO OPERATING INC. (0.750000000 - W)	VAQUERO OPERATING INC.	BLOCKER RANCH -B- W#8	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
BRISCOE -3-26- W# 1 (154480); OPR: VAQUERO OPERATING INC. (0.750000000 - W)	VAQUERO OPERATING INC.	BRISCOE -3-26- W# 1	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
BRISCOE W# 1 (154520); OPR: VAQUERO OPERATING INC. (0.750000000 - W)	VAQUERO OPERATING INC.	BRISCOE W# 1	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
BRISCOE 4,D,& E (I-POOLED) (154760); OPR: VAQUERO OPERATING INC. (0.751736110 - W)	VAQUERO OPERATING INC.	BRISCOE 4,D,& E (I-POOLED)	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
BRISCOE TR 20,32,35 #6-9 (155120); OPR: VAQUERO OPERATING INC. (0.750572930 - W)	VAQUERO OPERATING INC.	BRISCOE TR 20,32,35 #6-9	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
BRISCOE TR 22,23,30 #2,4,6 (155160); OPR: VAQUERO OPERATING INC. (0.750000000 - W)	VAQUERO OPERATING INC.	BRISCOE TR 22,23,30 #2,4,6	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
APACHE 13 (430229); OPR: VAQUERO OPERATING INC. (0.742187500 - W)	VAQUERO OPERATING INC.	APACHE 13	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
BRISCOE 3-34-3 (430252); OPR: VAQUERO OPERATING INC. (0.751736110 - W)	VAQUERO OPERATING INC.	BRISCOE 3-34-3	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
BRISCOE 3-32-7 (430253); OPR: VAQUERO OPERATING INC. (0.750572930 - W)	VAQUERO OPERATING INC.	BRISCOE 3-32-7	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
BLOCKER B-9 (430259); OPR: VAQUERO OPERATING INC. (0.750000000 - W)	VAQUERO OPERATING INC.	BLOCKER B-9	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
APACHE 14 (430261); OPR: VAQUERO OPERATING INC. (0.742187500 - W)	VAQUERO OPERATING INC.	APACHE 14	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
BLOCKER RANCH A #7,8 (151051); OPR: VAQUERO OPERATING INC. (0.750000000 - W)	VAQUERO OPERATING INC.	BLOCKER RANCH A #7,8	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
Legal: Acres: 640.000, Blk: 50- 8, Tract: 15, Abst: 717, ONEY BROS #1, VAQUERO OPERATING, HAMON (5270), T&P, RRC-08-84584	VAQUERO OPERATING	ONEY BROS #1	08-84584	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
Legal: Blk: 50- 8, Tract: 15, Abst: 717, ONEY BROS (SUN) #1, VAQUERO OPERATING, HAMON (5270), T&P, RRC-08-132403	VAQUERO OPERATING	ONEY BROS (SUN) #1	08-132403	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
9124 PAGE-EDWARDS \| VAQUERO OPR \| PSL BLK B-23 SEC 12 RRC: N/2 SE/160 ACRES \| .720000 WI --	VAQUERO OPR	PAGE-EDWARDS	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
121020 PO&G UNIVERSITY 18 \| VAQUERO OPERATING \| ULS BLK 16 SEC 18 U18 RRC: \| .750000 WI --	VAQUERO OPERATING	PO&G UNIVERSITY 18	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
120133 UNIVERSITY "A" \| VAQUERO OPERATING \| ULS BLK 16 SEC 31 S/2 SW/4 RRC: RRC-08-32590 \| .750000 WI -	VAQUERO OPERATING	UNIVERSITY "A"	08-32590	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
12365 SHAW JOHN B \| VAQUERO OPERATING \| AB 212 E LATHAM SUR RRC: RRC 6756 \| .750000 WI --	VAQUERO OPERATING	SHAW JOHN B	6756	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
12694 SUTHERLAND \| VAQUERO OPERATING \| AB 114 THOMAS B BARTON SUR RRC: RRC 7058 \| .750000 WI -	VAQUERO OPERATING	SUTHERLAND	7058	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
SCOTT & HOPPER GU 1-7 (W18420); OPR: VAQUERO OPERATING INC. (0.780000000 - W)	VAQUERO OPERATING INC.	SCOTT & HOPPER GU 1-7	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
SCOTT & HOPPER (W2900); OPR: VAQUERO OPERATING INC. (0.800000000 - W)	VAQUERO OPERATING INC.	SCOTT & HOPPER	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
SCOTT & HOPPER GAS UNIT (W2950); OPR: VAQUERO OPERATING INC. (0.780000000 - W)	VAQUERO OPERATING INC.	SCOTT & HOPPER GAS UNIT	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
SCOTT & HOPPER A-1 (W55033); OPR: VAQUERO OPERATING INC. (0.732500000 - W)	VAQUERO OPERATING INC.	SCOTT & HOPPER A-1	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
LEASE #0158350 BORCHERS WILLIAM W#30 VAQUERO OPERATING WI 0.833333 AB 114 CHESHER J RRC 273881 130922 139533	VAQUERO OPERATING	BORCHERS WILLIAM W#30	273881 130922 139533	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
LEASE #0158450 BORCHERS WILLIAM VAQUERO OPERATING WI 0.833333 AB 114 CHESHER J RRC 61353 141341	VAQUERO OPERATING	BORCHERS WILLIAM	61353 141341	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
LEASE #0090943 BORCHERS A31 VAQUERO OPERATING WI 0.833333 AB 114 CHESHER J RRC 273879 227333	VAQUERO OPERATING	BORCHERS A31	273879 227333	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
LEASE #0091108 BORCHERS WILLIAM -B- W#5 VAQUERO OPERATING WI 0.725000 AB 114 CHESHER J RRC 256309	VAQUERO OPERATING	BORCHERS WILLIAM -B- W#5	256309	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
Legal: Tract: 2, Abst: 7532, CLARK, L T "F", VAQUERO OPERATING, WATER VALLEY SAN ANDRES, R R WADE SUR	VAQUERO OPERATING	CLARK, L T "F"	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
WEARDEN BFE #1 2 VAQUERO OPERAT/CORDELE, EAST (2800) AB 261 /SIMONS J SUR, 75%, WI	VAQUERO OPERAT	WEARDEN BFE #1	219455	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
WEARDEN WL #2 2 VAQUERO OPERAT/WEARDEN (4450) AB 352 /JERNIGAN J W SUR, 75%, WI	VAQUERO OPERAT	WEARDEN WL #2	229496	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
WEARDEN #1 2 VAQUERO OPERAT/WEARDEN (4450) AB 100 /COTTLE JD SUR, 75%, WI	VAQUERO OPERAT	WEARDEN #1	230673	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
WEARDEN B WL 1C 2 VAQUERO OPERAT/WEARDEN (FRIO) AB 352 /JERNIGAN J W SUR, 75%, WI	VAQUERO OPERAT	WEARDEN B WL 1C	251052	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
WEARDEN B WL 1T 2 VAQUERO OPERAT/WEARDEN (4450) AB 352 /JERNIGAN J W SUR, 87.5%, WI	VAQUERO OPERAT	WEARDEN B WL 1T	251053	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
LYNE R C 20002351-000 \| CANYON CREEK R/LUCILLE (HOCKLEY, UPPE \| AB 396 /REFUGIO C S L SUR \| 0.837500 W \| 552103 Use: G1	CANYON CREEK R	LYNE R C 200023	51-000	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
HARKINS T J 20006150-000 \| CANYON CREEK R/DINERO, WEST (PETTUS) \| AB 317 /WM PRIMM SUR \| 0.802500 W \| 552103 Use: G1	CANYON CREEK R	HARKINS T J 200061	50-000	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
PARKER 20006820-000 \| VAQUERO OPERAT/JACKSON RANCH (YEGUA 5 \| AB 357 /J POITEVANT #25 SUR \| 0.770000 W \| 552103 Use: G1	VAQUERO OPERAT	PARKER 200068	20-000	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
AGARITA 20007118-000 \| VAQUERO OPERAT/DINERO, WEST (HOCKLEY) \| AB 317 /PRIMM WM SUR \| 0.740769 W \| 552103 Use: G1	VAQUERO OPERAT	AGARITA 200071	18-000	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
HARKINS-LAY W#01 20008082-000 \| VAQUERO OPERAT/DINERO, WEST (PETTUS) \| AB 839 SEC 24 /DIX O T SUR \| 0.799998 W \| 552103 Use: G1	VAQUERO OPERAT	HARKINS-LAY W#01 200080	82-000	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
PARKER 20008848-000 \| VAQUERO OPERAT/JACKSON RANCH (YEGUA 5 \| AB 367 /POITEVANT J SUR \| 0.770000 W \| 552103 Use: G1	VAQUERO OPERAT	PARKER 200088	48-000	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
BRISCOE F 109 (486320); OPR: VAQUERO OPERATING INC. (0.757986110 - W)	VAQUERO OPERATING INC.	BRISCOE F 109	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
BRISCOE 3-17-3 AND 4-9-3 (487964); OPR: VAQUERO OPERATING INC. (0.757986110 - W)	VAQUERO OPERATING INC.	BRISCOE 3-17-3 AND 4-9-3	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
BLOCKER RANCH A #7,8 (151051); OPR: VAQUERO OPERATING INC. (0.750000000 - W)	VAQUERO OPERATING INC.	BLOCKER RANCH A #7,8	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
BLOCKER RANCH -B- W#8 (151052); OPR: VAQUERO OPERATING INC. (0.750000000 - W)	VAQUERO OPERATING INC.	BLOCKER RANCH -B- W#8	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
BRISCOE -3-26- W# 1 (154480); OPR: VAQUERO OPERATING INC. (0.750000000 - W)	VAQUERO OPERATING INC.	BRISCOE -3-26- W# 1	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
BRISCOE W# 1 (154520); OPR: VAQUERO OPERATING INC. (0.750000000 - W)	VAQUERO OPERATING INC.	BRISCOE W# 1	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
APACHE 14 (430261); OPR: VAQUERO OPERATING INC. (0.742187500 - W)	VAQUERO OPERATING INC.	APACHE 14	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
BLOCKER RANCH #9,10 (430223); OPR: VAQUERO OPERATING INC. (0.750000000 - W)	VAQUERO OPERATING INC.	BLOCKER RANCH #9,10	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
BRISCOE #4-1, 3-28 (430228); OPR: VAQUERO OPERATING INC. (0.751736110 - W)	VAQUERO OPERATING INC.	BRISCOE #4-1, 3-28	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
APACHE 13 (430229); OPR: VAQUERO OPERATING INC. (0.742187500 - W)	VAQUERO OPERATING INC.	APACHE 13	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
BRISCOE 3-34-3 (430252); OPR: VAQUERO OPERATING INC. (0.751736110 - W)	VAQUERO OPERATING INC.	BRISCOE 3-34-3	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
BRISCOE 3-32-7 (430253); OPR: VAQUERO OPERATING INC. (0.750572930 - W)	VAQUERO OPERATING INC.	BRISCOE 3-32-7	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
BLOCKER B-9 (430259); OPR: VAQUERO OPERATING INC. (0.750000000 - W)	VAQUERO OPERATING INC.	BLOCKER B-9	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
BRISCOE 4,D,& E (I-POOLED) (154760); OPR: VAQUERO OPERATING INC. (0.751736110 - W)	VAQUERO OPERATING INC.	BRISCOE 4,D,& E (I-POOLED)	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
BRISCOE TR 20,32,35 #6-9 (155120); OPR: VAQUERO OPERATING INC. (0.750572930 - W)	VAQUERO OPERATING INC.	BRISCOE TR 20,32,35 #6-9	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
BRISCOE TR 22,23,30 #2,4,6 (155160); OPR: VAQUERO OPERATING INC. (0.750000000 - W)	VAQUERO OPERATING INC.	BRISCOE TR 22,23,30 #2,4,6	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
BRISCOE F 1020,1011,1032 & 2011 (484606); OPR: VAQUERO OPERATING INC. (0.752986110 - W)	VAQUERO OPERATING INC.	BRISCOE F 1020,1011,1032 & 2011	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
BRISCOE F 217, 1017 (484607); OPR: VAQUERO OPERATING INC. (0.757986110 - W)	VAQUERO OPERATING INC.	BRISCOE F 217, 1017	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
BRISCOE F 103 (484610); OPR: VAQUERO OPERATING INC. (0.754611110 - W)	VAQUERO OPERATING INC.	BRISCOE F 103	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
Legal: Acres: 640.000, Blk: 50- 8, Tract: 15, Abst: 717, ONEY BROS #1, VAQUERO OPERATING, HAMON (5270), T&P, RRC-08-84584	VAQUERO OPERATING	ONEY BROS #1	08-84584	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
Legal: Blk: 50- 8, Tract: 15, Abst: 717, ONEY BROS (SUN) #1, VAQUERO OPERATING, HAMON (5270), T&P, RRC-08-132403	VAQUERO OPERATING	ONEY BROS (SUN) #1	08-132403	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
9124 PAGE-EDWARDS \| VAQUERO OPR \| PSL BLK B-23 SEC 12 RRC: N/2 SE/160 ACRES \| .720000 WI --	VAQUERO OPR	PAGE-EDWARDS	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
ULS BLK 16 SEC 31 S/2 SW/4 RRC-08-32590 UNIVERSITY A 120133 0	REAL	UNIVERSITY A	08-32590	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
ULS BLK 16 SEC 18 U18 PO AND G UNIVERSITY 18 121020 0	REAL	PO AND G UNIVERSITY 18	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.750000 4 SHAW JOHN B RRC # 6756 6756 \| VAQUERO OPERATING \| AB 212 E LATHAM SUR	VAQUERO OPERATING	SHAW JOHN B	6756 6756	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.750000 4 SUTHERLAND RRC # 7058 7058 \| VAQUERO OPERATING \| AB 114 THOMAS B BARTON SUR	VAQUERO OPERATING	SUTHERLAND	7058 7058	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
LEASE #0158350 BORCHERS WILLIAM W#30 VAQUERO OPERATING WI 0.833333 AB 114 CHESHER J RRC 273881 130922 139533	VAQUERO OPERATING	BORCHERS WILLIAM W#30	273881 130922 139533	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
LEASE #0158450 BORCHERS WILLIAM VAQUERO OPERATING WI 0.833333 AB 114 CHESHER J RRC 61353 141341	VAQUERO OPERATING	BORCHERS WILLIAM	61353 141341	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
LEASE #0090943 BORCHERS A31 VAQUERO OPERATING WI 0.833333 AB 114 CHESHER J RRC 273879 227333	VAQUERO OPERATING	BORCHERS A31	273879 227333	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
LEASE #0090944 BORCHERS WILLIAM W#32 VAQUERO OPERATING WI 0.833333 AB 114 CHESHER J RRC 273878 231192	VAQUERO OPERATING	BORCHERS WILLIAM W#32	273878 231192	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
LEASE #0091108 BORCHERS WILLIAM -B- W#5 VAQUERO OPERATING WI 0.725000 AB 114 CHESHER J RRC 256309	VAQUERO OPERATING	BORCHERS WILLIAM -B- W#5	256309	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
WEARDEN VAQUERO OPERAT/WEARDEN (4450) AB 100 /COTTLE JD SUR, 75%, WI	VAQUERO OPERAT	WEARDEN	230673	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
WEARDEN WL #2 VAQUERO OPERAT/WEARDEN (4450) AB 352 /JERNIGAN J W SUR, 75%, WI	VAQUERO OPERAT	WEARDEN WL #2	229496	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
WEARDEN B WL 1T VAQUERO OPERAT/WEARDEN (4450) AB 352 /JERNIGAN J W SUR, 87.5%, WI	VAQUERO OPERAT	WEARDEN B WL 1T	251053	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
WEARDEN BFE VAQUERO OPERAT/CORDELE, EAST (2800) AB 261 /SIMONS J SUR, 75%, WI	VAQUERO OPERAT	WEARDEN BFE	219455	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
WEARDEN B WL 1C VAQUERO OPERAT/WEARDEN (FRIO) AB 352 /JERNIGAN J W SUR, 75%, WI	VAQUERO OPERAT	WEARDEN B WL 1C	251052	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
Legal: Acres: 640.000, ONEY BROS #1, VAQUERO OPERATING, T&P BLK 50- 8 SEC 15 A-717, RRC-08-84584	VAQUERO OPERATING	ONEY BROS #1	08-84584	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
Legal: ONEY BROS (SUN) #1, VAQUERO OPERATING, T&P BLK 50- 8 SEC 15 A-717, RRC-08-132403	VAQUERO OPERATING	ONEY BROS (SUN) #1	08-132403	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
PAGE-EDWARDS REAL PSL BLK B-23 SEC 12 N/2 SE/160 ACRES RRC: 33158 0.72	VAQUERO OPR	PAGE-EDWARDS	33158	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
UNIVERSITY A VAQUERO OPERATING ULS BLK 16 SEC 31 S/2 SW/4 RRC-08-32590 RRC: 32590 0.750000	VAQUERO OPERATING	UNIVERSITY A	32590	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
PO AND G UNIVERSITY 18 VAQUERO OPERATING ULS BLK 16 SEC 18 U18 RRC: 43952 0.750000	VAQUERO OPERATING	PO AND G UNIVERSITY 18	43952	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
WINFIELD RNCH STATE 14 Y4600 VAQUERO OPERATING T&STL RR 0.750000 WI	VAQUERO OPERATING	WINFIELD RNCH STATE 14	233099	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
N/A	N/A	N/A	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
N/A	N/A	N/A	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX

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Profitability Measures

Results	Value	IRR	ROI	Payout
PV-0
PV-5
PV-10
PV-15
PV-20
PV-30
ACTUAL

Potential Oil & Gas Well Development

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	Projected IP
CL
NG
NGL
COND.

	Interest Decimals
CL
NG
NGL
COND.

	Well Count
Wells

	Decline Rate
Year 1
Year 2
Year 3 +

	Commodity Prices
CL
NG
NGL
COND.

	CAPEX
Purchase
Lifting Cost
Lease Opex

	Tax Percentages
Sev Tax
Ad Val Tax

	Timeline
Lifetime
Online

Data Results

Month	CL Production	NG Production	CL %	NG %	CL Revenue	NG Revenue	Lifting Cost	Sev Tax	Ad Val Tax	Total	Balance

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VAQUERO OPERATING Mineral Rights in Texas | Real Estate CRM

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Present Value Calculator

Profitability Measures

Potential Oil & Gas Well Development

Data Results

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