RALPH ELLIS Mineral Rights in Texas | Real Estate CRM

RALPH ELLIS

XXXXXXXX , TX

Mineral rights owned by ELLIS RALPH D

Legal	Operator	Lease Name	RRC	Type	NRI	County	Value	Year
0.002043 2 HOLMES -S- G/U (07) RRC # 221688 \| XTO ENERGY INC \| AB 808 T STAPLETON SURVEY	XTO ENERGY INC	HOLMES -S- G/U (07)	221688	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.004562 2 RUSSELL -A- (03) RRC # 165092 \| VALENCE OPERATING CO \| AB 763 W H ROBERTS SURVEY	VALENCE OPERATING CO	RUSSELL -A- (03)	165092	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.001819 2 CAMPBELL G/U (01) RRC # 165153 \| VALENCE OPERATING CO \| AB 1017 A G FOLEY SURVEY	VALENCE OPERATING CO	CAMPBELL G/U (01)	165153	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.001819 2 CAMPBELL G/U (04) RRC # 179610 \| VALENCE OPERATING CO \| AB 1008 J C CALDWELL SURVEY	VALENCE OPERATING CO	CAMPBELL G/U (04)	179610	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.002882 2 ELLIS -B- (02) RRC # 179496 \| VALENCE OPERATING CO \| AB 318 J L GREEN SURVEY	VALENCE OPERATING CO	ELLIS -B- (02)	179496	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.004448 2 NEWELL -A- (02) RRC # 175667 \| XTO ENERGY INC \| AB 1008 J T MCGUIRE SURVEY	XTO ENERGY INC	NEWELL -A- (02)	175667	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.004448 2 NEWELL -A- (04) RRC # 252456 \| XTO ENERGY INC \| AB 1058 G R REINHARDT SURVEY	XTO ENERGY INC	NEWELL -A- (04)	252456	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.002043 2 HOLMES -S- G/U (03) RRC # 175730 \| XTO ENERGY INC \| AB 959 M E WEBB SURVEY	XTO ENERGY INC	HOLMES -S- G/U (03)	175730	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.002043 2 HOLMES -S- G/U (02) RRC # 172238 \| XTO ENERGY INC \| AB 967 BENJAMIN WEBB SURVEY	XTO ENERGY INC	HOLMES -S- G/U (02)	172238	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.001819 2 CAMPBELL G/U (03) RRC # 173628 \| VALENCE OPERATING CO \| AB 1017 A G FOLEY SURVEY	VALENCE OPERATING CO	CAMPBELL G/U (03)	173628	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.002043 2 HOLMES -S- G/U (04) RRC # 207847 \| XTO ENERGY INC \| AB 19 MANUEL CRESENCIO REJON	XTO ENERGY INC	HOLMES -S- G/U (04)	207847	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.002043 2 HOLMES -S- G/U (06) RRC # 219839 \| XTO ENERGY INC \| AB 19 MANUEL CRESENCIO REJON	XTO ENERGY INC	HOLMES -S- G/U (06)	219839	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.006472 2 HULL EFFIE MAE (04) RRC # 262376 \| XTO ENERGY INC \| AB 1250 J T TINSLEY SURVEY	XTO ENERGY INC	HULL EFFIE MAE (04)	262376	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.002043 2 HOLMES -S- G/U (08) RRC # 219144 \| XTO ENERGY INC \| AB 808 T STAPLETON SURVEY	XTO ENERGY INC	HOLMES -S- G/U (08)	219144	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.002043 2 HOLMES -S- G/U (05) RRC # 234876 \| XTO ENERGY INC \| AB-19 MANUEL CRESENCIO REJON	XTO ENERGY INC	HOLMES -S- G/U (05)	234876	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.002861 2 JENSEN -A- (04) RRC # 233708 \| XTO ENERGY \| AB-542 J MYERS SURVEY	XTO ENERGY	JENSEN -A- (04)	233708	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.002043 2 HOLMES -S- G/U (09) RRC # 252880 \| XTO ENERGY INC \| AB 959 M K WEBB SURVEY	XTO ENERGY INC	HOLMES -S- G/U (09)	252880	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.004562 2 RUSSELL -A- (07) RRC # 264449 \| VALENCE OPERATING CO \| AB 140 O W BURLESON SUR	VALENCE OPERATING CO	RUSSELL -A- (07)	264449	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.001819 2 CAMPBELL G/U (05) RRC # 266095 \| VALENCE OPERATING CO \| AB 648 C W MANNY SUR	VALENCE OPERATING CO	CAMPBELL G/U (05)	266095	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.004562 2 RUSSELL -A- (4R) RRC # 262370 \| VALENCE OPERATING CO \| AB 958 GEO W WILSON SURVEY	VALENCE OPERATING CO	RUSSELL -A- (4R)	262370	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.004562 2 RUSSELL -A- (05) RRC # 262372 \| VALENCE OPERATING CO \| AB 958 GEO W WILSON SURVEY	VALENCE OPERATING CO	RUSSELL -A- (05)	262372	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.004562 2 RUSSELL -A- (06) RRC # 262523 \| VALENCE OPERATING CO \| AB 958 GEO W WILSON SURVEY	VALENCE OPERATING CO	RUSSELL -A- (06)	262523	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.000578 2 THOMAS GAS UNIT (01) RRC # 282294 \| BRG LONE STAR LTD \| AB 1354 T K CARR SURVEY	BRG LONE STAR LTD	THOMAS GAS UNIT (01)	282294	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.002043 2 HOLMES -S- G/U (01) RRC # 139854 \| XTO ENERGY INC \| AB 967 BENJAMIN WEBB SURVEY	XTO ENERGY INC	HOLMES -S- G/U (01)	139854	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.004448 2 NEWELL -A- (01) RRC # 151840 \| XTO ENERGY INC \| AB 19 ETL MANUEL C REJON ETAL	XTO ENERGY INC	NEWELL -A- (01)	151840	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.006472 2 HULL EFFIE MAE (02) RRC # 118041 \| XTO ENERGY INC \| AB 889 J B THOMAS SURVEY	XTO ENERGY INC	HULL EFFIE MAE (02)	118041	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.006472 2 HULL EFFIE MAE (01) RRC # 89645 \| XTO ENERGY INC \| AB 702 J H PATTON SURVEY	XTO ENERGY INC	HULL EFFIE MAE (01)	89645	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
V9975VILAS 3PANTERA ENERGYOR0.00750000SEC 394 BLK 44 SUR H&TC A-122	PANTERA ENERGY	VILAS 3	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
T2072TEST #4PANTERA ENERGYOR0.00750000SEC 398 BLK 44 SUR H&TC	PANTERA ENERGY	TEST #4	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.002043 2 HOLMES -S- G/U (03) RRC # 175730 \| XTO ENERGY INC \| AB 959 M E WEBB SURVEY	XTO ENERGY INC	HOLMES -S- G/U (03)	175730	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.004448 2 NEWELL -A- (04) RRC # 252456 \| XTO ENERGY INC \| AB 1058 G R REINHARDT SURVEY	XTO ENERGY INC	NEWELL -A- (04)	252456	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.002043 2 HOLMES -S- G/U (02) RRC # 172238 \| XTO ENERGY INC \| AB 967 BENJAMIN WEBB SURVEY	XTO ENERGY INC	HOLMES -S- G/U (02)	172238	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.001819 2 CAMPBELL G/U (03) RRC # 173628 \| VALENCE OPERATING CO \| AB 1017 A G FOLEY SURVEY	VALENCE OPERATING CO	CAMPBELL G/U (03)	173628	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.002043 2 HOLMES -S- G/U (04) RRC # 207847 \| XTO ENERGY INC \| AB 19 MANUEL CRESENCIO REJON	XTO ENERGY INC	HOLMES -S- G/U (04)	207847	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.002043 2 HOLMES -S- G/U (06) RRC # 219839 \| XTO ENERGY INC \| AB 19 MANUEL CRESENCIO REJON	XTO ENERGY INC	HOLMES -S- G/U (06)	219839	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.002043 2 HOLMES -S- G/U (07) RRC # 221688 \| XTO ENERGY INC \| AB 808 T STAPLETON SURVEY	XTO ENERGY INC	HOLMES -S- G/U (07)	221688	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.002043 2 HOLMES -S- G/U (08) RRC # 219144 \| XTO ENERGY INC \| AB 808 T STAPLETON SURVEY	XTO ENERGY INC	HOLMES -S- G/U (08)	219144	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.002043 2 HOLMES -S- G/U (05) RRC # 234876 \| XTO ENERGY INC \| AB-19 MANUEL CRESENCIO REJON	XTO ENERGY INC	HOLMES -S- G/U (05)	234876	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.002861 2 JENSEN -A- (04) RRC # 233708 \| XTO ENERGY \| AB-542 J MYERS SURVEY	XTO ENERGY	JENSEN -A- (04)	233708	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.002043 2 HOLMES -S- G/U (09) RRC # 252880 \| XTO ENERGY INC \| AB 959 M K WEBB SURVEY	XTO ENERGY INC	HOLMES -S- G/U (09)	252880	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.004562 2 RUSSELL -A- (07) RRC # 264449 \| VALENCE OPERATING CO \| AB 140 O W BURLESON SUR	VALENCE OPERATING CO	RUSSELL -A- (07)	264449	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.001819 2 CAMPBELL G/U (05) RRC # 266095 \| VALENCE OPERATING CO \| AB 648 C W MANNY SUR	VALENCE OPERATING CO	CAMPBELL G/U (05)	266095	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.004562 2 RUSSELL -A- (4R) RRC # 262370 \| VALENCE OPERATING CO \| AB 958 GEO W WILSON SURVEY	VALENCE OPERATING CO	RUSSELL -A- (4R)	262370	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.004562 2 RUSSELL -A- (05) RRC # 262372 \| VALENCE OPERATING CO \| AB 958 GEO W WILSON SURVEY	VALENCE OPERATING CO	RUSSELL -A- (05)	262372	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.004562 2 RUSSELL -A- (06) RRC # 262523 \| VALENCE OPERATING CO \| AB 958 GEO W WILSON SURVEY	VALENCE OPERATING CO	RUSSELL -A- (06)	262523	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.000578 2 THOMAS GAS UNIT (01) RRC # 282294 \| BRG LONE STAR LTD \| AB 1354 T K CARR SURVEY	BRG LONE STAR LTD	THOMAS GAS UNIT (01)	282294	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
T2072TEST #4PANTERA ENERGYOR0.00750000SEC 398 BLK 44 SUR H&TC	PANTERA ENERGY	TEST #4	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
V9975VILAS 3PANTERA ENERGYOR0.00750000SEC 394 BLK 44 SUR H&TC A-122	PANTERA ENERGY	VILAS 3	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.006472 2 HULL EFFIE MAE (01) RRC # 89645 \| XTO ENERGY INC \| AB 702 J H PATTON SURVEY	XTO ENERGY INC	HULL EFFIE MAE (01)	89645	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.006472 2 HULL EFFIE MAE (02) RRC # 118041 \| XTO ENERGY INC \| AB 889 J B THOMAS SURVEY	XTO ENERGY INC	HULL EFFIE MAE (02)	118041	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.004448 2 NEWELL -A- (01) RRC # 151840 \| XTO ENERGY INC \| AB 19 ETL MANUEL C REJON ETAL	XTO ENERGY INC	NEWELL -A- (01)	151840	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.006472 2 HULL EFFIE MAE (04) RRC # 262376 \| XTO ENERGY INC \| AB 1250 J T TINSLEY SURVEY	XTO ENERGY INC	HULL EFFIE MAE (04)	262376	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.004562 2 RUSSELL -A- (03) RRC # 165092 \| VALENCE OPERATING CO \| AB 763 W H ROBERTS SURVEY	VALENCE OPERATING CO	RUSSELL -A- (03)	165092	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.001819 2 CAMPBELL G/U (01) RRC # 165153 \| VALENCE OPERATING CO \| AB 1017 A G FOLEY SURVEY	VALENCE OPERATING CO	CAMPBELL G/U (01)	165153	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.001819 2 CAMPBELL G/U (04) RRC # 179610 \| VALENCE OPERATING CO \| AB 1008 J C CALDWELL SURVEY	VALENCE OPERATING CO	CAMPBELL G/U (04)	179610	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.002882 2 ELLIS -B- (02) RRC # 179496 \| VALENCE OPERATING CO \| AB 318 J L GREEN SURVEY	VALENCE OPERATING CO	ELLIS -B- (02)	179496	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.004448 2 NEWELL -A- (02) RRC # 175667 \| XTO ENERGY INC \| AB 1008 J T MCGUIRE SURVEY	XTO ENERGY INC	NEWELL -A- (02)	175667	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.0075000 OR VILAS 3 \| RRC # 176512 \| PANTERA ENERGY \| SEC 394 BLK 44 SUR H&TC A-1220	PANTERA ENERGY	VILAS 3	RRC # 176512	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.0075000 OR TEST #4 \| RRC # 197583 \| PANTERA ENERGY \| SEC 398 BLK 44 SUR H&TC	PANTERA ENERGY	TEST #4	RRC # 197583	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.006472 2 HULL EFFIE MAE (01) RRC # 89645 \| XTO ENERGY INC \| AB 702 J H PATTON SURVEY	XTO ENERGY INC	HULL EFFIE MAE (01)	89645	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.006472 2 HULL EFFIE MAE (02) RRC # 118041 \| XTO ENERGY INC \| AB 889 J B THOMAS SURVEY	XTO ENERGY INC	HULL EFFIE MAE (02)	118041	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.004448 2 NEWELL -A- (01) RRC # 151840 \| XTO ENERGY INC \| AB 19 ETL MANUEL C REJON ETAL	XTO ENERGY INC	NEWELL -A- (01)	151840	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.006472 2 HULL EFFIE MAE (04) RRC # 262376 \| XTO ENERGY INC \| AB 1250 J T TINSLEY SURVEY	XTO ENERGY INC	HULL EFFIE MAE (04)	262376	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.004562 2 RUSSELL -A- (03) RRC # 165092 \| VALENCE OPERATING CO \| AB 763 W H ROBERTS SURVEY	VALENCE OPERATING CO	RUSSELL -A- (03)	165092	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.001819 2 CAMPBELL G/U (01) RRC # 165153 \| VALENCE OPERATING CO \| AB 1017 A G FOLEY SURVEY	VALENCE OPERATING CO	CAMPBELL G/U (01)	165153	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.001819 2 CAMPBELL G/U (04) RRC # 179610 \| VALENCE OPERATING CO \| AB 1008 J C CALDWELL SURVEY	VALENCE OPERATING CO	CAMPBELL G/U (04)	179610	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.002882 2 ELLIS -B- (02) RRC # 179496 \| VALENCE OPERATING CO \| AB 318 J L GREEN SURVEY	VALENCE OPERATING CO	ELLIS -B- (02)	179496	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.004448 2 NEWELL -A- (02) RRC # 175667 \| XTO ENERGY INC \| AB 1008 J T MCGUIRE SURVEY	XTO ENERGY INC	NEWELL -A- (02)	175667	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.004448 2 NEWELL -A- (04) RRC # 252456 \| XTO ENERGY INC \| AB 1058 G R REINHARDT SURVEY	XTO ENERGY INC	NEWELL -A- (04)	252456	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.002043 2 HOLMES -S- G/U (03) RRC # 175730 \| XTO ENERGY INC \| AB 959 M E WEBB SURVEY	XTO ENERGY INC	HOLMES -S- G/U (03)	175730	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.002043 2 HOLMES -S- G/U (02) RRC # 172238 \| XTO ENERGY INC \| AB 967 BENJAMIN WEBB SURVEY	XTO ENERGY INC	HOLMES -S- G/U (02)	172238	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.001819 2 CAMPBELL G/U (03) RRC # 173628 \| VALENCE OPERATING CO \| AB 1017 A G FOLEY SURVEY	VALENCE OPERATING CO	CAMPBELL G/U (03)	173628	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.002043 2 HOLMES -S- G/U (04) RRC # 207847 \| XTO ENERGY INC \| AB 19 MANUEL CRESENCIO REJON	XTO ENERGY INC	HOLMES -S- G/U (04)	207847	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.002043 2 HOLMES -S- G/U (06) RRC # 219839 \| XTO ENERGY INC \| AB 19 MANUEL CRESENCIO REJON	XTO ENERGY INC	HOLMES -S- G/U (06)	219839	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.002043 2 HOLMES -S- G/U (07) RRC # 221688 \| XTO ENERGY INC \| AB 808 T STAPLETON SURVEY	XTO ENERGY INC	HOLMES -S- G/U (07)	221688	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.002043 2 HOLMES -S- G/U (08) RRC # 219144 \| XTO ENERGY INC \| AB 808 T STAPLETON SURVEY	XTO ENERGY INC	HOLMES -S- G/U (08)	219144	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.002043 2 HOLMES -S- G/U (05) RRC # 234876 \| XTO ENERGY INC \| AB-19 MANUEL CRESENCIO REJON	XTO ENERGY INC	HOLMES -S- G/U (05)	234876	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.002861 2 JENSEN -A- (04) RRC # 233708 \| XTO ENERGY \| AB-542 J MYERS SURVEY	XTO ENERGY	JENSEN -A- (04)	233708	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.002043 2 HOLMES -S- G/U (09) RRC # 252880 \| XTO ENERGY INC \| AB 959 M K WEBB SURVEY	XTO ENERGY INC	HOLMES -S- G/U (09)	252880	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.004562 2 RUSSELL -A- (07) RRC # 264449 \| VALENCE OPERATING CO \| AB 140 O W BURLESON SUR	VALENCE OPERATING CO	RUSSELL -A- (07)	264449	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.001819 2 CAMPBELL G/U (05) RRC # 266095 \| VALENCE OPERATING CO \| AB 648 C W MANNY SUR	VALENCE OPERATING CO	CAMPBELL G/U (05)	266095	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.004562 2 RUSSELL -A- (4R) RRC # 262370 \| VALENCE OPERATING CO \| AB 958 GEO W WILSON SURVEY	VALENCE OPERATING CO	RUSSELL -A- (4R)	262370	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.004562 2 RUSSELL -A- (05) RRC # 262372 \| VALENCE OPERATING CO \| AB 958 GEO W WILSON SURVEY	VALENCE OPERATING CO	RUSSELL -A- (05)	262372	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.004562 2 RUSSELL -A- (06) RRC # 262523 \| VALENCE OPERATING CO \| AB 958 GEO W WILSON SURVEY	VALENCE OPERATING CO	RUSSELL -A- (06)	262523	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.000578 2 THOMAS GAS UNIT (01) RRC # 282294 \| BRG LONE STAR LTD \| AB 1354 T K CARR SURVEY	BRG LONE STAR LTD	THOMAS GAS UNIT (01)	282294	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.007500 2 VILAS 3 RRC # 176512 \| PANTERA ENERGY \| SEC 394 BLK 44 SUR H&TC A-1220	PANTERA ENERGY	VILAS 3	176512	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.007500 2 TEST #4 RRC # 197583 \| PANTERA ENERGY \| SEC 398 BLK 44 SUR H&TC	PANTERA ENERGY	TEST #4	197583	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.006472 2 HULL EFFIE MAE (01) RRC # 89645 \| XTO ENERGY INC \| AB 702 J H PATTON SURVEY	XTO ENERGY INC	HULL EFFIE MAE (01)	89645	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.006472 2 HULL EFFIE MAE (02) RRC # 118041 \| XTO ENERGY INC \| AB 889 J B THOMAS SURVEY	XTO ENERGY INC	HULL EFFIE MAE (02)	118041	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.004448 2 NEWELL -A- (01) RRC # 151840 \| XTO ENERGY INC \| AB 19 ETL MANUEL C REJON ETAL	XTO ENERGY INC	NEWELL -A- (01)	151840	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.006472 2 HULL EFFIE MAE (03) RRC # 222468 \| XTO ENERGY INC \| AB 1250 J T TINSLEY SURVEY	XTO ENERGY INC	HULL EFFIE MAE (03)	222468	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.006472 2 HULL EFFIE MAE (04) RRC # 262376 \| XTO ENERGY INC \| AB 1250 J T TINSLEY SURVEY	XTO ENERGY INC	HULL EFFIE MAE (04)	262376	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.004562 2 RUSSELL -A- (03) RRC # 165092 \| VALENCE OPERATING CO \| AB 763 W H ROBERTS SURVEY	VALENCE OPERATING CO	RUSSELL -A- (03)	165092	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.001819 2 CAMPBELL G/U (01) RRC # 165153 \| VALENCE OPERATING CO \| AB 1017 A G FOLEY SURVEY	VALENCE OPERATING CO	CAMPBELL G/U (01)	165153	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.001819 2 CAMPBELL G/U (04) RRC # 179610 \| VALENCE OPERATING CO \| AB 1008 J C CALDWELL SURVEY	VALENCE OPERATING CO	CAMPBELL G/U (04)	179610	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.002882 2 ELLIS -B- (02) RRC # 179496 \| VALENCE OPERATING CO \| AB 318 J L GREEN SURVEY	VALENCE OPERATING CO	ELLIS -B- (02)	179496	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.004448 2 NEWELL -A- (02) RRC # 175667 \| XTO ENERGY INC \| AB 1008 J T MCGUIRE SURVEY	XTO ENERGY INC	NEWELL -A- (02)	175667	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.004448 2 NEWELL -A- (04) RRC # 252456 \| XTO ENERGY INC \| AB 1058 G R REINHARDT SURVEY	XTO ENERGY INC	NEWELL -A- (04)	252456	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.002043 2 HOLMES -S- G/U (03) RRC # 175730 \| XTO ENERGY INC \| AB 959 M E WEBB SURVEY	XTO ENERGY INC	HOLMES -S- G/U (03)	175730	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.002043 2 HOLMES -S- G/U (02) RRC # 172238 \| XTO ENERGY INC \| AB 967 BENJAMIN WEBB SURVEY	XTO ENERGY INC	HOLMES -S- G/U (02)	172238	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.001819 2 CAMPBELL G/U (03) RRC # 173628 \| VALENCE OPERATING CO \| AB 1017 A G FOLEY SURVEY	VALENCE OPERATING CO	CAMPBELL G/U (03)	173628	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.002043 2 HOLMES -S- G/U (04) RRC # 207847 \| XTO ENERGY INC \| AB 19 MANUEL CRESENCIO REJON	XTO ENERGY INC	HOLMES -S- G/U (04)	207847	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.002043 2 HOLMES -S- G/U (06) RRC # 219839 \| XTO ENERGY INC \| AB 19 MANUEL CRESENCIO REJON	XTO ENERGY INC	HOLMES -S- G/U (06)	219839	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.002043 2 HOLMES -S- G/U (07) RRC # 221688 \| XTO ENERGY INC \| AB 808 T STAPLETON SURVEY	XTO ENERGY INC	HOLMES -S- G/U (07)	221688	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.002043 2 HOLMES -S- G/U (08) RRC # 219144 \| XTO ENERGY INC \| AB 808 T STAPLETON SURVEY	XTO ENERGY INC	HOLMES -S- G/U (08)	219144	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.002043 2 HOLMES -S- G/U (05) RRC # 234876 \| XTO ENERGY INC \| AB-19 MANUEL CRESENCIO REJON	XTO ENERGY INC	HOLMES -S- G/U (05)	234876	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.002861 2 JENSEN -A- (04) RRC # 233708 \| XTO ENERGY \| AB-542 J MYERS SURVEY	XTO ENERGY	JENSEN -A- (04)	233708	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.002043 2 HOLMES -S- G/U (09) RRC # 252880 \| XTO ENERGY INC \| AB 959 M K WEBB SURVEY	XTO ENERGY INC	HOLMES -S- G/U (09)	252880	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.004562 2 RUSSELL -A- (07) RRC # 264449 \| VALENCE OPERATING CO \| AB 140 O W BURLESON SUR	VALENCE OPERATING CO	RUSSELL -A- (07)	264449	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.001819 2 CAMPBELL G/U (05) RRC # 266095 \| VALENCE OPERATING CO \| AB 648 C W MANNY SUR	VALENCE OPERATING CO	CAMPBELL G/U (05)	266095	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.004562 2 RUSSELL -A- (4R) RRC # 262370 \| VALENCE OPERATING CO \| AB 958 GEO W WILSON SURVEY	VALENCE OPERATING CO	RUSSELL -A- (4R)	262370	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.004562 2 RUSSELL -A- (05) RRC # 262372 \| VALENCE OPERATING CO \| AB 958 GEO W WILSON SURVEY	VALENCE OPERATING CO	RUSSELL -A- (05)	262372	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.004562 2 RUSSELL -A- (06) RRC # 262523 \| VALENCE OPERATING CO \| AB 958 GEO W WILSON SURVEY	VALENCE OPERATING CO	RUSSELL -A- (06)	262523	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.000578 2 THOMAS GAS UNIT (01) RRC # 282294 \| BRG LONE STAR LTD \| AB 1354 T K CARR SURVEY	BRG LONE STAR LTD	THOMAS GAS UNIT (01)	282294	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
VILAS 3 0320642 PANTERA ENERGY SEC 394 BLK 44 SUR H&TC A-1220 0.007500 OR0.000	PANTERA ENERGY	VILAS 3	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
TEST #4 0320823 PANTERA ENERGY SEC 398 BLK 44 SUR H&TC 0.007500 OR0.000	PANTERA ENERGY	TEST #4	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.002882 2 ELLIS -B- (01) RRC # 97935 \| VALENCE OPERATING CO \| AB 1159 ETAL W R NICHOLS ETAL	VALENCE OPERATING CO	ELLIS -B- (01)	97935	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.006472 2 HULL EFFIE MAE (01) RRC # 89645 \| XTO ENERGY INC \| AB 702 J H PATTON SURVEY	XTO ENERGY INC	HULL EFFIE MAE (01)	89645	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.006472 2 HULL EFFIE MAE (02) RRC # 118041 \| XTO ENERGY INC \| AB 889 J B THOMAS SURVEY	XTO ENERGY INC	HULL EFFIE MAE (02)	118041	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.004448 2 NEWELL -A- (01) RRC # 151840 \| XTO ENERGY INC \| AB 19 ETL MANUEL C REJON ETAL	XTO ENERGY INC	NEWELL -A- (01)	151840	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.004562 2 RUSSELL -A- (01) RRC # 118330 \| VALENCE OPERATING CO \| AB 958 GEO W WILSON SURVEY	VALENCE OPERATING CO	RUSSELL -A- (01)	118330	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.006472 2 HULL EFFIE MAE (03) RRC # 222468 \| XTO ENERGY INC \| AB 1250 J T TINSLEY SURVEY	XTO ENERGY INC	HULL EFFIE MAE (03)	222468	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.006472 2 HULL EFFIE MAE (04) RRC # 262376 \| XTO ENERGY INC \| AB 1250 J T TINSLEY SURVEY	XTO ENERGY INC	HULL EFFIE MAE (04)	262376	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.004562 2 RUSSELL -A- (03) RRC # 165092 \| VALENCE OPERATING CO \| AB 763 W H ROBERTS SURVEY	VALENCE OPERATING CO	RUSSELL -A- (03)	165092	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.001819 2 CAMPBELL G/U (01) RRC # 165153 \| VALENCE OPERATING CO \| AB 1017 A G FOLEY SURVEY	VALENCE OPERATING CO	CAMPBELL G/U (01)	165153	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.001819 2 CAMPBELL G/U (04) RRC # 179610 \| VALENCE OPERATING CO \| AB 1008 J C CALDWELL SURVEY	VALENCE OPERATING CO	CAMPBELL G/U (04)	179610	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.002882 2 ELLIS -B- (02) RRC # 179496 \| VALENCE OPERATING CO \| AB 318 J L GREEN SURVEY	VALENCE OPERATING CO	ELLIS -B- (02)	179496	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.004448 2 NEWELL -A- (02) RRC # 175667 \| XTO ENERGY INC \| AB 1008 J T MCGUIRE SURVEY	XTO ENERGY INC	NEWELL -A- (02)	175667	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.004448 2 NEWELL -A- (04) RRC # 252456 \| XTO ENERGY INC \| AB 1058 G R REINHARDT SURVEY	XTO ENERGY INC	NEWELL -A- (04)	252456	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.002043 2 HOLMES -S- G/U (03) RRC # 175730 \| XTO ENERGY INC \| AB 959 M E WEBB SURVEY	XTO ENERGY INC	HOLMES -S- G/U (03)	175730	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.002043 2 HOLMES -S- G/U (02) RRC # 172238 \| XTO ENERGY INC \| AB 967 BENJAMIN WEBB SURVEY	XTO ENERGY INC	HOLMES -S- G/U (02)	172238	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.001819 2 CAMPBELL G/U (03) RRC # 173628 \| VALENCE OPERATING CO \| AB 1017 A G FOLEY SURVEY	VALENCE OPERATING CO	CAMPBELL G/U (03)	173628	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.002043 2 HOLMES -S- G/U (04) RRC # 207847 \| XTO ENERGY INC \| AB 19 MANUEL CRESENCIO REJON	XTO ENERGY INC	HOLMES -S- G/U (04)	207847	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.002043 2 HOLMES -S- G/U (06) RRC # 219839 \| XTO ENERGY INC \| AB 19 MANUEL CRESENCIO REJON	XTO ENERGY INC	HOLMES -S- G/U (06)	219839	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.002043 2 HOLMES -S- G/U (07) RRC # 221688 \| XTO ENERGY INC \| AB 808 T STAPLETON SURVEY	XTO ENERGY INC	HOLMES -S- G/U (07)	221688	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.002043 2 HOLMES -S- G/U (08) RRC # 219144 \| XTO ENERGY INC \| AB 808 T STAPLETON SURVEY	XTO ENERGY INC	HOLMES -S- G/U (08)	219144	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.002043 2 HOLMES -S- G/U (05) RRC # 234876 \| XTO ENERGY INC \| AB-19 MANUEL CRESENCIO REJON	XTO ENERGY INC	HOLMES -S- G/U (05)	234876	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.002861 2 JENSEN -A- (04) RRC # 233708 \| XTO ENERGY \| AB-542 J MYERS SURVEY	XTO ENERGY	JENSEN -A- (04)	233708	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.002043 2 HOLMES -S- G/U (09) RRC # 252880 \| XTO ENERGY INC \| AB 959 M K WEBB SURVEY	XTO ENERGY INC	HOLMES -S- G/U (09)	252880	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.004562 2 RUSSELL -A- (07) RRC # 264449 \| VALENCE OPERATING CO \| AB 140 O W BURLESON SUR	VALENCE OPERATING CO	RUSSELL -A- (07)	264449	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.001819 2 CAMPBELL G/U (05) RRC # 266095 \| VALENCE OPERATING CO \| AB 648 C W MANNY SUR	VALENCE OPERATING CO	CAMPBELL G/U (05)	266095	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.004562 2 RUSSELL -A- (4R) RRC # 262370 \| VALENCE OPERATING CO \| AB 958 GEO W WILSON SURVEY	VALENCE OPERATING CO	RUSSELL -A- (4R)	262370	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.004562 2 RUSSELL -A- (05) RRC # 262372 \| VALENCE OPERATING CO \| AB 958 GEO W WILSON SURVEY	VALENCE OPERATING CO	RUSSELL -A- (05)	262372	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.004562 2 RUSSELL -A- (06) RRC # 262523 \| VALENCE OPERATING CO \| AB 958 GEO W WILSON SURVEY	VALENCE OPERATING CO	RUSSELL -A- (06)	262523	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
0.000578 2 THOMAS GAS UNIT (01) RRC # 282294 \| BRG LONE STAR LTD \| AB 1354 T K CARR SURVEY	BRG LONE STAR LTD	THOMAS GAS UNIT (01)	282294	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
VILAS 3 0320642 PANTERA ENERGY SEC 394 BLK 44 SUR H&TC A-1220 0.007500 OR0.000	PANTERA ENERGY	VILAS 3	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
TEST #4 0320823 PANTERA ENERGY SEC 398 BLK 44 SUR H&TC 0.007500 OR0.000	PANTERA ENERGY	TEST #4	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
6800 ELLIS -B- (01) \| VALENCE OPERATING CO \| AB 1159 ETAL W R NICHOLS ETAL WELL #1 RRC# 97935 RRC # 97935 \| 0.002882\|2	VALENCE OPERATING CO	ELLIS -B- (01)	RRC # 97935	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
11600 HULL EFFIE MAE (01) \| XTO ENERGY INC \| AB 702 J H PATTON SURVEY WELL #1 RRC# 89645 RRC # 89645 \| 0.006472\|2	XTO ENERGY INC	HULL EFFIE MAE (01)	RRC # 89645	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
11650 HULL EFFIE MAE (02) \| XTO ENERGY INC \| AB 889 J B THOMAS SURVEY WELL #2 RRC# 118041 RRC # 118041 \| 0.006472\|2	XTO ENERGY INC	HULL EFFIE MAE (02)	RRC # 118041	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
17300 NEWELL -A- (01) \| XTO ENERGY INC \| AB 19 ETL MANUEL C REJON ETAL WELL #1 RRC #151840 RRC # 151840 \| 0.004448\|2	XTO ENERGY INC	NEWELL -A- (01)	RRC # 151840	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
19450 RUSSELL -A- (01) \| VALENCE OPERATING CO \| AB 958 GEO W WILSON SURVEY RRC# 118330 RRC # 118330 \| 0.004562\|2	VALENCE OPERATING CO	RUSSELL -A- (01)	RRC # 118330	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
30472 HULL EFFIE MAE (03) \| XTO ENERGY INC \| AB 1250 J T TINSLEY SURVEY WELL #3 RRC# 222468 RRC # 222468 \| 0.006472\|2	XTO ENERGY INC	HULL EFFIE MAE (03)	RRC # 222468	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
30478 HOLMES -S- G/U (01) \| XTO ENERGY INC \| AB 967 BENJAMIN WEBB SURVEY WELL #1 RRC# 139854 RRC # 139854 \| 0.002043\|2	XTO ENERGY INC	HOLMES -S- G/U (01)	RRC # 139854	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
30660 HULL EFFIE MAE (04) \| XTO ENERGY INC \| AB 1250 J T TINSLEY SURVEY PLUGGED BACK FROM TP #159415 RRC # 262376 \| 0.006472\|2	XTO ENERGY INC	HULL EFFIE MAE (04)	RRC # 262376	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
30676 RUSSELL -A- (03) \| VALENCE OPERATING CO \| AB 763 W H ROBERTS SURVEY WELL #3 RRC# 165092 RRC # 165092 \| 0.004562\|2	VALENCE OPERATING CO	RUSSELL -A- (03)	RRC # 165092	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
30677 CAMPBELL G/U (01) \| VALENCE OPERATING CO \| AB 1017 A G FOLEY SURVEY WELL #1 RRC# 165153 RRC # 165153 \| 0.001819\|2	VALENCE OPERATING CO	CAMPBELL G/U (01)	RRC # 165153	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
30840 CAMPBELL G/U (04) \| VALENCE OPERATING CO \| AB 1008 J C CALDWELL SURVEY WELL #4 RRC# 179610 RRC # 179610 \| 0.001819\|2	VALENCE OPERATING CO	CAMPBELL G/U (04)	RRC # 179610	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
30850 ELLIS -B- (02) \| VALENCE OPERATING CO \| AB 318 J L GREEN SURVEY WELL #2 RRC# 179496 RRC # 179496 \| 0.002882\|2	VALENCE OPERATING CO	ELLIS -B- (02)	RRC # 179496	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
30900 NEWELL -A- (02) \| XTO ENERGY INC \| AB 1008 J T MCGUIRE SURVEY WELL #2 RRC# 175667 RRC # 175667 \| 0.004448\|2	XTO ENERGY INC	NEWELL -A- (02)	RRC # 175667	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
30920 NEWELL -A- (04) \| XTO ENERGY INC \| AB 1058 G R REINHARDT SURVEY RRC # 252456 \| 0.004448\|2	XTO ENERGY INC	NEWELL -A- (04)	RRC # 252456	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
30970 HOLMES -S- G/U (03) \| XTO ENERGY INC \| AB 959 M E WEBB SURVEY WELL #3 RRC# 175730 RRC # 175730 \| 0.002043\|2	XTO ENERGY INC	HOLMES -S- G/U (03)	RRC # 175730	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
32061 HOLMES -S- G/U (02) \| XTO ENERGY INC \| AB 967 BENJAMIN WEBB SURVEY WELL #2 RRC# 172238 RRC # 172238 \| 0.002043\|2	XTO ENERGY INC	HOLMES -S- G/U (02)	RRC # 172238	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
32072 CAMPBELL G/U (02) \| VALENCE OPERATING CO \| AB 1017 A G FOLEY SURVEY WELL #2 RRC# 171086 RRC # 171086 \| 0.001819\|2	VALENCE OPERATING CO	CAMPBELL G/U (02)	RRC # 171086	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
32073 CAMPBELL G/U (03) \| VALENCE OPERATING CO \| AB 1017 A G FOLEY SURVEY WELL #3 RRC# 173628 RRC # 173628 \| 0.001819\|2	VALENCE OPERATING CO	CAMPBELL G/U (03)	RRC # 173628	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
32094 HOLMES -S- G/U (04) \| XTO ENERGY INC \| AB 19 MANUEL CRESENCIO REJON WELL #4 RRC# 207847 RRC # 207847 \| 0.002043\|2	XTO ENERGY INC	HOLMES -S- G/U (04)	RRC # 207847	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
32253 HOLMES -S- G/U (06) \| XTO ENERGY INC \| AB 19 MANUEL CRESENCIO REJON WELL #6 RRC# 219839 RRC # 219839 \| 0.002043\|2	XTO ENERGY INC	HOLMES -S- G/U (06)	RRC # 219839	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
32254 HOLMES -S- G/U (07) \| XTO ENERGY INC \| AB 808 T STAPLETON SURVEY WELL #7 RRC# 221688 RRC # 221688 \| 0.002043\|2	XTO ENERGY INC	HOLMES -S- G/U (07)	RRC # 221688	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
32255 HOLMES -S- G/U (08) \| XTO ENERGY INC \| AB 808 T STAPLETON SURVEY WELL #8 RRC# 219144 RRC # 219144 \| 0.002043\|2	XTO ENERGY INC	HOLMES -S- G/U (08)	RRC # 219144	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
32437 JENSEN -A- (04) \| XTO ENERGY \| AB-542 J MYERS SURVEY RRC# 233708 WELL #4 RRC # 233708 \| 0.002861\|2	XTO ENERGY	JENSEN -A- (04)	RRC # 233708	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
32533 HOLMES -S- G/U (09) \| XTO ENERGY INC \| AB 959 M K WEBB SURVEY WELL #9 RRC# 252880 RRC # 252880 \| 0.002043\|2	XTO ENERGY INC	HOLMES -S- G/U (09)	RRC # 252880	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
32657 RUSSELL -A- (07) \| VALENCE OPERATING CO \| AB 140 O W BURLESON SUR WELL #7 RRC# 264449 RRC # 264449 \| 0.004562\|2	VALENCE OPERATING CO	RUSSELL -A- (07)	RRC # 264449	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
32665 CAMPBELL G/U (05) \| VALENCE OPERATING CO \| AB 648 C W MANNY SUR WELL #5 RRC# 266095 RRC # 266095 \| 0.001819\|2	VALENCE OPERATING CO	CAMPBELL G/U (05)	RRC # 266095	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
32706 RUSSELL -A- (4R) \| VALENCE OPERATING CO \| AB 958 GEO W WILSON SURVEY RRC# 262370 RRC # 262370 \| 0.004562\|2	VALENCE OPERATING CO	RUSSELL -A- (4R)	RRC # 262370	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
32707 RUSSELL -A- (05) \| VALENCE OPERATING CO \| AB 958 GEO W WILSON SURVEY RRC# 262372 RRC # 262372 \| 0.004562\|2	VALENCE OPERATING CO	RUSSELL -A- (05)	RRC # 262372	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
32708 RUSSELL -A- (06) \| VALENCE OPERATING CO \| AB 958 GEO W WILSON SURVEY RRC# 262523 RRC # 262523 \| 0.004562\|2	VALENCE OPERATING CO	RUSSELL -A- (06)	RRC # 262523	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
32902 THOMAS GAS UNIT (01) \| BRG LONE STAR LTD \| AB 1354 T K CARR SURVEY WELL #1 RRC# 282294 RRC # 282294 \| 0.000578\|2	BRG LONE STAR LTD	THOMAS GAS UNIT (01)	RRC # 282294	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
VILAS 3 0320642 PANTERA ENERGY SEC 394 BLK 44 SUR H&TC A-1220 0.007500 OR0.000	PANTERA ENERGY	VILAS 3	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
TEST #4 0320823 PANTERA ENERGY SEC 398 BLK 44 SUR H&TC 0.007500 OR0.000	PANTERA ENERGY	TEST #4	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
6800 ELLIS -B- (01) \| VALENCE OPERATING CO \| AB 1159 ETAL W R NICHOLS ETAL RRC: WELL #1 RRC# 97935 \| .002882 OR -	VALENCE OPERATING CO	ELLIS -B- (01)	97935	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
11600 HULL EFFIE MAE (01) \| XTO ENERGY INC \| AB 702 J H PATTON SURVEY RRC: WELL #1 RRC# 89645 \| .006472 OR -	XTO ENERGY INC	HULL EFFIE MAE (01)	89645	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
11650 HULL EFFIE MAE (02) \| XTO ENERGY INC \| AB 889 J B THOMAS SURVEY RRC: WELL #2 RRC# 118041 \| .006472 OR -	XTO ENERGY INC	HULL EFFIE MAE (02)	118041	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
17300 NEWELL -A- (01) \| XTO ENERGY INC \| AB 19 ETL MANUEL C REJON ETAL RRC: WELL #1 RRC #151840 \| .004448 OR -	XTO ENERGY INC	NEWELL -A- (01)	151840	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
19450 RUSSELL -A- (01) \| VALENCE OPERATING CO \| AB 958 GEO W WILSON SURVEY RRC: RRC# 118330 \| .004562 OR -	VALENCE OPERATING CO	RUSSELL -A- (01)	118330	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
30472 HULL EFFIE MAE (03) \| XTO ENERGY INC \| AB 1250 J T TINSLEY SURVEY RRC: WELL #3 RRC# 222468 \| .006472 OR -	XTO ENERGY INC	HULL EFFIE MAE (03)	222468	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
30478 HOLMES -S- G/U (01) \| XTO ENERGY INC \| AB 967 BENJAMIN WEBB SURVEY RRC: WELL #1 RRC# 139854 \| .002043 OR -	XTO ENERGY INC	HOLMES -S- G/U (01)	139854	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
30660 HULL EFFIE MAE (04) \| XTO ENERGY INC \| AB 1250 J T TINSLEY SURVEY RRC: PLUGGED BACK FROM TP #159415 \| .006472 OR -	XTO ENERGY INC	HULL EFFIE MAE (04)	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
30676 RUSSELL -A- (03) \| VALENCE OPERATING CO \| AB 763 W H ROBERTS SURVEY RRC: WELL #3 RRC# 165092 \| .004562 OR -	VALENCE OPERATING CO	RUSSELL -A- (03)	165092	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
30677 CAMPBELL G/U (01) \| VALENCE OPERATING CO \| AB 1017 A G FOLEY SURVEY RRC: WELL #1 RRC# 165153 \| .001819 OR --	VALENCE OPERATING CO	CAMPBELL G/U (01)	165153	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
30840 CAMPBELL G/U (04) \| VALENCE OPERATING CO \| AB 1008 J C CALDWELL SURVEY RRC: WELL #4 RRC# 179610 \| .001819 OR -	VALENCE OPERATING CO	CAMPBELL G/U (04)	179610	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
30850 ELLIS -B- (02) \| VALENCE OPERATING CO \| AB 318 J L GREEN SURVEY RRC: WELL #2 RRC# 179496 \| .002882 OR -	VALENCE OPERATING CO	ELLIS -B- (02)	179496	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
30900 NEWELL -A- (02) \| XTO ENERGY INC \| AB 1008 J T MCGUIRE SURVEY RRC: WELL #2 RRC# 175667 \| .004448 OR -	XTO ENERGY INC	NEWELL -A- (02)	175667	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
30920 NEWELL -A- (04) \| XTO ENERGY INC \| AB 1058 G R REINHARDT SURVEY RRC: \| .004448 OR -	XTO ENERGY INC	NEWELL -A- (04)	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
30970 HOLMES -S- G/U (03) \| XTO ENERGY INC \| AB 959 M E WEBB SURVEY RRC: WELL #3 RRC# 175730 \| .002043 OR -	XTO ENERGY INC	HOLMES -S- G/U (03)	175730	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
32061 HOLMES -S- G/U (02) \| XTO ENERGY INC \| AB 967 BENJAMIN WEBB SURVEY RRC: WELL #2 RRC# 172238 \| .002043 OR -	XTO ENERGY INC	HOLMES -S- G/U (02)	172238	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
32072 CAMPBELL G/U (02) \| VALENCE OPERATING CO \| AB 1017 A G FOLEY SURVEY RRC: WELL #2 RRC# 171086 \| .001819 OR -	VALENCE OPERATING CO	CAMPBELL G/U (02)	171086	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
32073 CAMPBELL G/U (03) \| VALENCE OPERATING CO \| AB 1017 A G FOLEY SURVEY RRC: WELL #3 RRC# 173628 \| .001819 OR -	VALENCE OPERATING CO	CAMPBELL G/U (03)	173628	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
32094 HOLMES -S- G/U (04) \| XTO ENERGY INC \| AB 19 MANUEL CRESENCIO REJON RRC: WELL #4 RRC# 207847 \| .002043 OR -	XTO ENERGY INC	HOLMES -S- G/U (04)	207847	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
32253 HOLMES -S- G/U (06) \| XTO ENERGY INC \| AB 19 MANUEL CRESENCIO REJON RRC: WELL #6 RRC# 219839 \| .002043 OR -	XTO ENERGY INC	HOLMES -S- G/U (06)	219839	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
32254 HOLMES -S- G/U (07) \| XTO ENERGY INC \| AB 808 T STAPLETON SURVEY RRC: WELL #7 RRC# 221688 \| .002043 OR -	XTO ENERGY INC	HOLMES -S- G/U (07)	221688	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
32255 HOLMES -S- G/U (08) \| XTO ENERGY INC \| AB 808 T STAPLETON SURVEY RRC: WELL #8 RRC# 219144 \| .002043 OR -	XTO ENERGY INC	HOLMES -S- G/U (08)	219144	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
32413 HOLMES -S- G/U (05) \| XTO ENERGY INC \| AB-19 MANUEL CRESENCIO REJON RRC: WELL #5 RRC# 234876 \| .002043 OR -	XTO ENERGY INC	HOLMES -S- G/U (05)	234876	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
32437 JENSEN -A- (04) \| XTO ENERGY \| AB-542 J MYERS SURVEY RRC: RRC# 233708 \| .002861 OR -	XTO ENERGY	JENSEN -A- (04)	233708	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
32533 HOLMES -S- G/U (09) \| XTO ENERGY INC \| AB 959 M K WEBB SURVEY RRC: WELL #9 RRC# 252880 \| .002043 OR -	XTO ENERGY INC	HOLMES -S- G/U (09)	252880	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
32657 RUSSELL -A- (07) \| VALENCE OPERATING CO \| AB 140 O W BURLESON SUR RRC: WELL #7 RRC# 264449 \| .004562 OR -	VALENCE OPERATING CO	RUSSELL -A- (07)	264449	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
32665 CAMPBELL G/U (05) \| VALENCE OPERATING CO \| AB 648 C W MANNY SUR RRC: WELL #5 RRC# 266095 \| .001819 OR -	VALENCE OPERATING CO	CAMPBELL G/U (05)	266095	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
32706 RUSSELL -A- (4R) \| VALENCE OPERATING CO \| AB 958 GEO W WILSON SURVEY RRC: RRC# 262370 \| .004562 OR -	VALENCE OPERATING CO	RUSSELL -A- (4R)	262370	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
32707 RUSSELL -A- (05) \| VALENCE OPERATING CO \| AB 958 GEO W WILSON SURVEY RRC: RRC# 262372 \| .004562 OR -	VALENCE OPERATING CO	RUSSELL -A- (05)	262372	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
32708 RUSSELL -A- (06) \| VALENCE OPERATING CO \| AB 958 GEO W WILSON SURVEY RRC: RRC# 262523 \| .004562 OR -	VALENCE OPERATING CO	RUSSELL -A- (06)	262523	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
VILAS 3 0320642 PANTERA ENERGY SEC 394 BLK 44 SUR H&TC A-1220 0.007500 OR0.000	PANTERA ENERGY	VILAS 3	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
TEST #4 0320823 PANTERA ENERGY SEC 398 BLK 44 SUR H&TC 0.007500 OR0.000	PANTERA ENERGY	TEST #4	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
ELLIS -B- (01) REAL AB 1159 ETAL W R NICHOLS ETAL WELL NO. 1 RRC NO. 97935 RRC: 97935 0.002882	VALENCE OPERATING CO	ELLIS -B- (01)	97935	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
HULL EFFIE MAE (01) REAL AB 702 J H PATTON SURVEY WELL NO. 1 RRC NO. 89645 RRC: 89645 0.006472	XTO ENERGY INC	HULL EFFIE MAE (01)	89645	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
HULL EFFIE MAE (02) REAL AB 889 J B THOMAS SURVEY WELL NO. 2 RRC NO. 118041 RRC: 118041 0.006472	XTO ENERGY INC	HULL EFFIE MAE (02)	118041	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
NEWELL -A- (01) REAL AB 19 ETL MANUEL C REJON ETAL WELL NO. 1 RRC NO. 151840 RRC: 151840 0.004448	XTO ENERGY INC	NEWELL -A- (01)	151840	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
RUSSELL -A- (01) REAL AB 958 GEO W WILSON SURVEY RRC NO. 118330 RRC: 118330 0.004562	VALENCE OPERATING CO	RUSSELL -A- (01)	118330	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
HULL EFFIE MAE (03) REAL AB 1250 J T TINSLEY SURVEY WELL NO. 3 RRC NO. 222468 RRC: 222468 0.006472	XTO ENERGY INC	HULL EFFIE MAE (03)	222468	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
HOLMES -S- G/U (01) REAL AB 967 BENJAMIN WEBB SURVEY WELL NO. 1 RRC NO. 139854 RRC: 139854 0.002043	XTO ENERGY INC	HOLMES -S- G/U (01)	139854	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
HULL EFFIE MAE (04) REAL AB 1250 J T TINSLEY SURVEY PLUGGED BACK FROM TP NO. 159415 RRC: 262376 0.006472	XTO ENERGY INC	HULL EFFIE MAE (04)	262376	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
RUSSELL -A- (03) REAL AB 763 W H ROBERTS SURVEY WELL NO. 3 RRC NO. 165092 RRC: 165092 0.004562	VALENCE OPERATING CO	RUSSELL -A- (03)	165092	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
CAMPBELL G/U (01) REAL AB 1017 A G FOLEY SURVEY WELL NO. 1 RRC NO. 165153 RRC: 165153 0.001819	VALENCE OPERATING CO	CAMPBELL G/U (01)	165153	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
CAMPBELL G/U (04) REAL AB 1008 J C CALDWELL SURVEY WELL NO. 4 RRC NO. 179610 RRC: 179610 0.001819	VALENCE OPERATING CO	CAMPBELL G/U (04)	179610	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
ELLIS -B- (02) REAL AB 318 J L GREEN SURVEY WELL NO. 2 RRC NO. 179496 RRC: 179496 0.002882	VALENCE OPERATING CO	ELLIS -B- (02)	179496	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
NEWELL -A- (02) REAL AB 1008 J T MCGUIRE SURVEY WELL NO. 2 RRC NO. 175667 RRC: 175667 0.004448	XTO ENERGY INC	NEWELL -A- (02)	175667	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
NEWELL -A- (04) REAL AB 1058 G R REINHARDT SURVEY RRC: 252456 0.004448	XTO ENERGY INC	NEWELL -A- (04)	252456	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
HOLMES -S- G/U (03) REAL AB 959 M E WEBB SURVEY WELL NO. 3 RRC NO. 175730 RRC: 175730 0.002043	XTO ENERGY INC	HOLMES -S- G/U (03)	175730	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
HOLMES -S- G/U (02) REAL AB 967 BENJAMIN WEBB SURVEY WELL NO. 2 RRC NO. 172238 RRC: 172238 0.002043	XTO ENERGY INC	HOLMES -S- G/U (02)	172238	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
CAMPBELL G/U (02) REAL AB 1017 A G FOLEY SURVEY WELL NO. 2 RRC NO. 171086 RRC: 171086 0.001819	VALENCE OPERATING CO	CAMPBELL G/U (02)	171086	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
CAMPBELL G/U (03) REAL AB 1017 A G FOLEY SURVEY WELL NO. 3 RRC NO. 173628 RRC: 173628 0.001819	VALENCE OPERATING CO	CAMPBELL G/U (03)	173628	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
HOLMES -S- G/U (04) REAL AB 19 MANUEL CRESENCIO REJON WELL NO. 4 RRC NO. 207847 RRC: 207847 0.002043	XTO ENERGY INC	HOLMES -S- G/U (04)	207847	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
HOLMES -S- G/U (06) REAL AB 19 MANUEL CRESENCIO REJON WELL NO. 6 RRC NO. 219839 RRC: 219839 0.002043	XTO ENERGY INC	HOLMES -S- G/U (06)	219839	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
HOLMES -S- G/U (07) REAL AB 808 T STAPLETON SURVEY WELL NO. 7 RRC NO. 221688 RRC: 221688 0.002043	XTO ENERGY INC	HOLMES -S- G/U (07)	221688	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
HOLMES -S- G/U (08) REAL AB 808 T STAPLETON SURVEY WELL NO. 8 RRC NO. 219144 RRC: 219144 0.002043	XTO ENERGY INC	HOLMES -S- G/U (08)	219144	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
HOLMES -S- G/U (05) REAL AB-19 MANUEL CRESENCIO REJON WELL NO. 5 RRC NO. 234876 RRC: 234876 0.002043	XTO ENERGY INC	HOLMES -S- G/U (05)	234876	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
JENSEN -A- (04) REAL AB-542 J MYERS SURVEY RRC NO. 233708 WELL NO. 4 RRC: 233708 0.002861	XTO ENERGY	JENSEN -A- (04)	233708	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
HOLMES -S- G/U (09) REAL AB 959 M K WEBB SURVEY WELL NO. 9 RRC NO. 252880 RRC: 252880 0.002043	XTO ENERGY INC	HOLMES -S- G/U (09)	252880	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
RUSSELL -A- (07) REAL AB 140 O W BURLESON SUR WELL NO. 7 RRC NO. 264449 RRC: 264449 0.004562	VALENCE OPERATING CO	RUSSELL -A- (07)	264449	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
CAMPBELL G/U (05) REAL AB 648 C W MANNY SUR WELL NO. 5 RRC NO. 266095 RRC: 266095 0.001819	VALENCE OPERATING CO	CAMPBELL G/U (05)	266095	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
RUSSELL -A- (4R) REAL AB 958 GEO W WILSON SURVEY RRC NO. 262370 RRC: 262370 0.004562	VALENCE OPERATING CO	RUSSELL -A- (4R)	262370	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
RUSSELL -A- (05) REAL AB 958 GEO W WILSON SURVEY RRC NO. 262372 RRC: 262372 0.004562	VALENCE OPERATING CO	RUSSELL -A- (05)	262372	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
RUSSELL -A- (06) REAL AB 958 GEO W WILSON SURVEY RRC NO. 262523 RRC: 262523 0.004562	VALENCE OPERATING CO	RUSSELL -A- (06)	262523	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
VILAS 3 0320642 PANTERA ENERGY SEC 394 BLK 44 SUR H&TC A-1220 0.007500 OR0.000	PANTERA ENERGY	VILAS 3	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
TEST #4 0320823 PANTERA ENERGY SEC 398 BLK 44 SUR H&TC 0.007500 OR0.000	PANTERA ENERGY	TEST #4	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
ELLIS -B- (01) REAL AB 1159 ETAL W R NICHOLS ETAL WELL NO. 1 RRC NO. 97935 RRC: 97935 0.002882	VALENCE OPERATING CO	ELLIS -B- (01)	97935	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
HULL EFFIE MAE (01) REAL AB 702 J H PATTON SURVEY WELL NO. 1 RRC NO. 89645 RRC: 89645 0.006472	XTO ENERGY INC	HULL EFFIE MAE (01)	89645	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
HULL EFFIE MAE (02) REAL AB 889 J B THOMAS SURVEY WELL NO. 2 RRC NO. 118041 RRC: 118041 0.006472	XTO ENERGY INC	HULL EFFIE MAE (02)	118041	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
NEWELL -A- (01) REAL AB 19 ETL MANUEL C REJON ETAL WELL NO. 1 RRC NO. 151840 RRC: 151840 0.004448	XTO ENERGY INC	NEWELL -A- (01)	151840	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
RUSSELL -A- (01) REAL AB 958 GEO W WILSON SURVEY RRC NO. 118330 RRC: 118330 0.004562	VALENCE OPERATING CO	RUSSELL -A- (01)	118330	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
HULL EFFIE MAE (03) REAL AB 1250 J T TINSLEY SURVEY WELL NO. 3 RRC NO. 222468 RRC: 222468 0.006472	XTO ENERGY INC	HULL EFFIE MAE (03)	222468	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
HOLMES -S- G/U (01) REAL AB 967 BENJAMIN WEBB SURVEY WELL NO. 1 RRC NO. 139854 RRC: 139854 0.002043	XTO ENERGY INC	HOLMES -S- G/U (01)	139854	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
HULL EFFIE MAE (04) REAL AB 1250 J T TINSLEY SURVEY PLUGGED BACK FROM TP NO. 159415 RRC: 262376 0.006472	XTO ENERGY INC	HULL EFFIE MAE (04)	262376	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
RUSSELL -A- (03) REAL AB 763 W H ROBERTS SURVEY WELL NO. 3 RRC NO. 165092 RRC: 165092 0.004562	VALENCE OPERATING CO	RUSSELL -A- (03)	165092	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
CAMPBELL G/U (01) REAL AB 1017 A G FOLEY SURVEY WELL NO. 1 RRC NO. 165153 RRC: 165153 0.001819	VALENCE OPERATING CO	CAMPBELL G/U (01)	165153	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
CAMPBELL G/U (04) REAL AB 1008 J C CALDWELL SURVEY WELL NO. 4 RRC NO. 179610 RRC: 179610 0.001819	VALENCE OPERATING CO	CAMPBELL G/U (04)	179610	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
ELLIS -B- (02) REAL AB 318 J L GREEN SURVEY WELL NO. 2 RRC NO. 179496 RRC: 179496 0.002882	VALENCE OPERATING CO	ELLIS -B- (02)	179496	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
NEWELL -A- (02) REAL AB 1008 J T MCGUIRE SURVEY WELL NO. 2 RRC NO. 175667 RRC: 175667 0.004448	XTO ENERGY INC	NEWELL -A- (02)	175667	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
NEWELL -A- (03) REAL AB 1008 J C CALDWELL SURVEY WELL NO. 3 RRC NO. 177776 RRC: 177776 0.004448	XTO ENERGY INC	NEWELL -A- (03)	177776	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
NEWELL -A- (04) REAL AB 1058 G R REINHARDT SURVEY RRC: 252456 0.004448	XTO ENERGY INC	NEWELL -A- (04)	252456	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
HOLMES -S- G/U (03) REAL AB 959 M E WEBB SURVEY WELL NO. 3 RRC NO. 175730 RRC: 175730 0.002043	XTO ENERGY INC	HOLMES -S- G/U (03)	175730	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
HOLMES -S- G/U (02) REAL AB 967 BENJAMIN WEBB SURVEY WELL NO. 2 RRC NO. 172238 RRC: 172238 0.002043	XTO ENERGY INC	HOLMES -S- G/U (02)	172238	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
CAMPBELL G/U (02) REAL AB 1017 A G FOLEY SURVEY WELL NO. 2 RRC NO. 171086 RRC: 171086 0.001819	VALENCE OPERATING CO	CAMPBELL G/U (02)	171086	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
CAMPBELL G/U (03) REAL AB 1017 A G FOLEY SURVEY WELL NO. 3 RRC NO. 173628 RRC: 173628 0.001819	VALENCE OPERATING CO	CAMPBELL G/U (03)	173628	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
HOLMES -S- G/U (04) REAL AB 19 MANUEL CRESENCIO REJON WELL NO. 4 RRC NO. 207847 RRC: 207847 0.002043	XTO ENERGY INC	HOLMES -S- G/U (04)	207847	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
HOLMES -S- G/U (06) REAL AB 19 MANUEL CRESENCIO REJON WELL NO. 6 RRC NO. 219839 RRC: 219839 0.002043	XTO ENERGY INC	HOLMES -S- G/U (06)	219839	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
HOLMES -S- G/U (07) REAL AB 808 T STAPLETON SURVEY WELL NO. 7 RRC NO. 221688 RRC: 221688 0.002043	XTO ENERGY INC	HOLMES -S- G/U (07)	221688	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
HOLMES -S- G/U (08) REAL AB 808 T STAPLETON SURVEY WELL NO. 8 RRC NO. 219144 RRC: 219144 0.002043	XTO ENERGY INC	HOLMES -S- G/U (08)	219144	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
HOLMES -S- G/U (05) REAL AB-19 MANUEL CRESENCIO REJON WELL NO. 5 RRC NO. 234876 RRC: 234876 0.002043	XTO ENERGY INC	HOLMES -S- G/U (05)	234876	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
JENSEN -A- (04) REAL AB-542 J MYERS SURVEY RRC NO. 233708 WELL NO. 4 RRC: 233708 0.002861	XTO ENERGY	JENSEN -A- (04)	233708	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
HOLMES -S- G/U (09) REAL AB 959 M K WEBB SURVEY WELL NO. 9 RRC NO. 252880 RRC: 252880 0.002043	XTO ENERGY INC	HOLMES -S- G/U (09)	252880	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
RUSSELL -A- (07) REAL AB 140 O W BURLESON SUR WELL NO. 7 RRC NO. 264449 RRC: 264449 0.004562	VALENCE OPERATING CO	RUSSELL -A- (07)	264449	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
CAMPBELL G/U (05) REAL AB 648 C W MANNY SUR WELL NO. 5 RRC NO. 266095 RRC: 266095 0.001819	VALENCE OPERATING CO	CAMPBELL G/U (05)	266095	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
RUSSELL -A- (4R) REAL AB 958 GEO W WILSON SURVEY RRC NO. 262370 RRC: 262370 0.004562	VALENCE OPERATING CO	RUSSELL -A- (4R)	262370	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
RUSSELL -A- (05) REAL AB 958 GEO W WILSON SURVEY RRC NO. 262372 RRC: 262372 0.004562	VALENCE OPERATING CO	RUSSELL -A- (05)	262372	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
RUSSELL -A- (06) REAL AB 958 GEO W WILSON SURVEY RRC NO. 262523 RRC: 262523 0.004562	VALENCE OPERATING CO	RUSSELL -A- (06)	262523	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
O'BYRNE EVA GAS UNIT W#01 66101746 FRISCO PETROLE/GLADEWATER (HAYNESVILL AB 386 /PENIDA JOSE M SUR 0.000	FRISCO PETROLE	O'BYRNE EVA GAS UNIT W#01	66101746	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
OBYRNE EVA GAS UNIT W#02 66123387 FRISCO PETROLE/GLADEWATER (HAYNESVILL AB 386 /PENIDA JOSE MARIA SUR 665.100	FRISCO PETROLE	OBYRNE EVA GAS UNIT W#02	66123387	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
OBYRNE EVA GAS UNIT W#03 66175526 FRISCO PETROLE/GLENWOOD (COTTON VALLE AB 386 /PENIDA JOSE MARIA SUR 665.100	FRISCO PETROLE	OBYRNE EVA GAS UNIT W#03	66175526	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
VILAS 3 0320642 PANTERA ENERGY SEC 394 BLK 44 SUR H&TC A-1220 0.007500 OR0.000	PANTERA ENERGY	VILAS 3	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
TEST #4 0320823 PANTERA ENERGY SEC 398 BLK 44 SUR H&TC 0.007500 OR0.000	PANTERA ENERGY	TEST #4	N/A	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
ELLIS -B- (01) REAL AB 1159 ETAL W R NICHOLS ETAL WELL NO. 1 RRC NO. 97935 RRC: 97935 0.002882	VALENCE OPERATING CO	ELLIS -B- (01)	97935	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
HULL EFFIE MAE (01) REAL AB 702 J H PATTON SURVEY WELL NO. 1 RRC NO. 89645 RRC: 89645 0.006472	XTO ENERGY INC	HULL EFFIE MAE (01)	89645	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
HULL EFFIE MAE (02) REAL AB 889 J B THOMAS SURVEY WELL NO. 2 RRC NO. 118041 RRC: 118041 0.006472	XTO ENERGY INC	HULL EFFIE MAE (02)	118041	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
NEWELL -A- (01) REAL AB 19 ETL MANUEL C REJON ETAL WELL NO. 1 RRC NO. 151840 RRC: 151840 0.004448	XTO ENERGY INC	NEWELL -A- (01)	151840	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
RUSSELL -A- (01) REAL AB 958 GEO W WILSON SURVEY RRC NO. 118330 RRC: 118330 0.004562	VALENCE OPERATING CO	RUSSELL -A- (01)	118330	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
HULL EFFIE MAE (03) REAL AB 1250 J T TINSLEY SURVEY WELL NO. 3 RRC NO. 222468 RRC: 222468 0.006472	XTO ENERGY INC	HULL EFFIE MAE (03)	222468	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
HOLMES -S- G/U (01) REAL AB 967 BENJAMIN WEBB SURVEY WELL NO. 1 RRC NO. 139854 RRC: 139854 0.002043	XTO ENERGY INC	HOLMES -S- G/U (01)	139854	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
HULL EFFIE MAE (04) REAL AB 1250 J T TINSLEY SURVEY PLUGGED BACK FROM TP NO. 159415 RRC: 262376 0.006472	XTO ENERGY INC	HULL EFFIE MAE (04)	262376	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
RUSSELL -A- (03) REAL AB 763 W H ROBERTS SURVEY WELL NO. 3 RRC NO. 165092 RRC: 165092 0.004562	VALENCE OPERATING CO	RUSSELL -A- (03)	165092	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
CAMPBELL G/U (01) REAL AB 1017 A G FOLEY SURVEY WELL NO. 1 RRC NO. 165153 RRC: 165153 0.001819	VALENCE OPERATING CO	CAMPBELL G/U (01)	165153	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
CAMPBELL G/U (04) REAL AB 1008 J C CALDWELL SURVEY WELL NO. 4 RRC NO. 179610 RRC: 179610 0.001819	VALENCE OPERATING CO	CAMPBELL G/U (04)	179610	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
ELLIS -B- (02) REAL AB 318 J L GREEN SURVEY WELL NO. 2 RRC NO. 179496 RRC: 179496 0.002882	VALENCE OPERATING CO	ELLIS -B- (02)	179496	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
NEWELL -A- (02) REAL AB 1008 J T MCGUIRE SURVEY WELL NO. 2 RRC NO. 175667 RRC: 175667 0.004448	XTO ENERGY INC	NEWELL -A- (02)	175667	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
NEWELL -A- (03) REAL AB 1008 J C CALDWELL SURVEY WELL NO. 3 RRC NO. 177776 RRC: 177776 0.004448	XTO ENERGY INC	NEWELL -A- (03)	177776	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
NEWELL -A- (04) REAL AB 1058 G R REINHARDT SURVEY RRC: 252456 0.004448	XTO ENERGY INC	NEWELL -A- (04)	252456	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
NEWELL -A- (05) REAL AB 1227 H C WHITE SURVEY RECOMPLETED FROM TRAVIS PEAK RRC: 260727 0.004448	XTO ENERGY INC	NEWELL -A- (05)	260727	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
HOLMES -S- G/U (03) REAL AB 959 M E WEBB SURVEY WELL NO. 3 RRC NO. 175730 RRC: 175730 0.002043	XTO ENERGY INC	HOLMES -S- G/U (03)	175730	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
HOLMES -S- G/U (02) REAL AB 967 BENJAMIN WEBB SURVEY WELL NO. 2 RRC NO. 172238 RRC: 172238 0.002043	XTO ENERGY INC	HOLMES -S- G/U (02)	172238	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
CAMPBELL G/U (02) REAL AB 1017 A G FOLEY SURVEY WELL NO. 2 RRC NO. 171086 RRC: 171086 0.001819	VALENCE OPERATING CO	CAMPBELL G/U (02)	171086	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
CAMPBELL G/U (03) REAL AB 1017 A G FOLEY SURVEY WELL NO. 3 RRC NO. 173628 RRC: 173628 0.001819	VALENCE OPERATING CO	CAMPBELL G/U (03)	173628	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
HOLMES -S- G/U (04) REAL AB 19 MANUEL CRESENCIO REJON WELL NO. 4 RRC NO. 207847 RRC: 207847 0.002043	XTO ENERGY INC	HOLMES -S- G/U (04)	207847	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
HOLMES -S- G/U (06) REAL AB 19 MANUEL CRESENCIO REJON WELL NO. 6 RRC NO. 219839 RRC: 219839 0.002043	XTO ENERGY INC	HOLMES -S- G/U (06)	219839	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
HOLMES -S- G/U (07) REAL AB 808 T STAPLETON SURVEY WELL NO. 7 RRC NO. 221688 RRC: 221688 0.002043	XTO ENERGY INC	HOLMES -S- G/U (07)	221688	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
HOLMES -S- G/U (08) REAL AB 808 T STAPLETON SURVEY WELL NO. 8 RRC NO. 219144 RRC: 219144 0.002043	XTO ENERGY INC	HOLMES -S- G/U (08)	219144	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
HOLMES -S- G/U (05) REAL AB-19 MANUEL CRESENCIO REJON WELL NO. 5 RRC NO. 234876 RRC: 234876 0.002043	XTO ENERGY INC	HOLMES -S- G/U (05)	234876	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
JENSEN -A- (04) REAL AB-542 J MYERS SURVEY RRC NO. 233708 WELL NO. 4 RRC: 233708 0.002861	XTO ENERGY	JENSEN -A- (04)	233708	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
HOLMES -S- G/U (09) REAL AB 959 M K WEBB SURVEY WELL NO. 9 RRC NO. 252880 RRC: 252880 0.002043	XTO ENERGY INC	HOLMES -S- G/U (09)	252880	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
RUSSELL -A- (07) REAL AB 140 O W BURLESON SUR WELL NO. 7 RRC NO. 264449 RRC: 264449 0.004562	VALENCE OPERATING CO	RUSSELL -A- (07)	264449	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
CAMPBELL G/U (05) REAL AB 648 C W MANNY SUR WELL NO. 5 RRC NO. 266095 RRC: 266095 0.001819	VALENCE OPERATING CO	CAMPBELL G/U (05)	266095	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
RUSSELL -A- (4R) REAL AB 958 GEO W WILSON SURVEY RRC NO. 262370 RRC: 262370 0.004562	VALENCE OPERATING CO	RUSSELL -A- (4R)	262370	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
RUSSELL -A- (05) REAL AB 958 GEO W WILSON SURVEY RRC NO. 262372 RRC: 262372 0.004562	VALENCE OPERATING CO	RUSSELL -A- (05)	262372	Royalty Interest	XXXXXXXX	XXXXXXXX	XXXXXXXX	XXXXXXXX
RUSSELL -A- (06) REAL AB 958 GEO W WILSON SURVEY RRC NO. 262523 RRC: 262523 0.004562	VALENCE OPERATING CO	RUSSELL -A- (06)	262523	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
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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
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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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Present Value Calculator

Profitability Measures

Potential Oil & Gas Well Development

Data Results

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