Overriding Royalty Interest in Ness County, KS.  

Baer - SW SW Sec 27-16S-24W -40 acres - Lease #109361.  API: 15-135-21784, 15-135-21465.  Operator:  Pickrell Drilling Co., Inc. - Purchaser: CHS McPherson Refinery, Inc.  $32.54/mo.

Anderson-Baer - SE NE Sec 28-16S-24W -40 acres - Lease #136128.  API: 15-135-24227.  Operator:  Trans Pacific Oil Corp. - Purchaser:  CHS McPherson Refinery, Inc.  $23.58/mo

Seller received an assignment of ORRI covering W/2 Sec 27 and SE/4 Sec 28 all of which is for sale "as is" if this property when purchased with the Baer.

Well is located in the center of the unit:  S/2 SE/4 NE/4 and N/2 NE/4 SE/4 of Sec 28.

ORRI is prorated based on the ORRI acreage in the unit.

Well is making 2 barrels a day.