NO RESERVE!!  21 Producing Wells (2 horizontal; 19 vertical) in Webb County, TX.  Lobo Cons. Formation.  

Production Breakdown:
4.42% - Oil
71.21% - Gas
24.37% - NGL

Cash Flow Represents 15% of Check Statements

01-2021            $95.97
02-2021            $82.60
03-2021            $97.43 

NOTE:  Decimal Interests are 15% of these stated below from the Check Statements.
Lundell 004 (79.75% NRI) - 0.00390630
Lundell 084 - 0.00390630
Lundell 036 - 0.00244140
Lundell 037 - 0.00307580
Lundell 044 - 0.00390630
Lundell 052 - 0.00307580
Lundell 063 - 0.00307580
Lundell 083 - 0.00338390
Lundell 085 - 0.00338390
Lundell 086 - 0.00338390
Lundell 087 - 0.00338390
Lundell 088 - 0.00390630
Lundell 089 - 0.00307580
Lundell D 002 - 0.00390620
Lundell E 001 - 0.00195310
Lundell E 002 - 0.00195310
Lundell 010C (79.75% NRI) - 0.00390630
Lundell 014 (79.75% NRI) - 0.00390630
Lundell 015 (79.75% NRI) - 0.00390630
Lundell 002 (79.75% NRI) - 0.00390630
Lundell 022 - 0.00390630
Lundell 025 (79.75% NRI) - 0.00390630
Lundell 027 (79.75% NRI) - 0.00390630
Lundell 047 (79.75% NRI) - 0.00390630
Lundell 068 (79.75% NRI) - 0.00390630
Lundell 069 (79.75% NRI) - 0.00390630
Lundell 093 (77.04167% NRI) - 0.00390630
Lundell 094 - 0.00390630
Lundell 095 - 0.00390630

Legal Description:  14,047.70 acres of land, more or less, comprising what is or was known as the Stell, Dan Garcia, and Caliche ranches composed of all the surveys and parts of surveys described in a Warranty Deed dated 6 November 1947, as recorded in Volume 199, Pages 217-223, of the Webb County Deed Records in which J. E. Neal and Ollie G. Neal were the Grantors and reserved in themselves, their heirs and assigns, a one-sixteenth (1/16th) non-participating royalty interest in and to all of the oil, gas, and other minerals in and under: F. J. Webb Survey, A-2807, D. R. Beal Survey, A-2807, T. C. RR Co. Survey, A-2561, H. E. Brock Survey, A-2561, T. C. RR Co. Survey, A-1791, S. B. Turner Survey, A-1841 , G. C. & S. F. RR Co. Survey, A-1377, Frank Barrett Survey, A-2138, T. C. RR Co. Survey, A-1379, H. E. Brock Survey, A-2559, T. M. RR Co. Survey, A-2559, and Surveys 853, 854, 1700, 1958, 2051, 2002, 2053, 2054, 2055, and 2056, and a one-thirty-second (1/32nd) non-participating royalty interest in and to all the oil, gas, and other minerals in and under or which may be produced from Survey 1698.