Palomino Petroleum, Inc.
Palomino Petroleum, Inc. MID-CONTINENT ENERGY EXCHANGE Oil and Gas Assets Auction
Ness County KS. ³0LVVLVVLSSLDQ´255,6DOH (400 + BOPD)
1
Well Information Detail D&P Miss Horizontal
Palomino Petroleum, Inc.
API Number: 15-‐135-‐25938 Ness County, KS: NW/4 Sec. 33-‐16S-‐26W ORRI 0.0011490% Current Rate: 400 BOPD EUR 350,000 ʹ 400,000 BO Potential FUTURE DEVELOPMENT
2
Palomino Petroleum, Inc. D&P Mississippian Horizontal: Ness County, KS
3
Detailed Lease Economics
(D&P Horizontal) Palomino Petroleum, Inc.
PRODUCTION DATA
(Monthly Income)
Lease Name
March 2017
April 2017
May 2017
June 2017
July 2017
Average
D&P Horizontal
$205.56
$399.09
$280.25
$239.96
$233.44
$272.00
5
CHS McPherson Refinery Inc. ATTENTION CRUDE OIL ACCOUNTING 2000 S MAIN McPHERSON, KANSAS 67460
Amount: $1,426.75
Check # 6039798 DATED 05/18/2017 Owner # 203084
REFER TO LEASE NO. AND OWNER NO. WHEN WRITING OR CALLING. FOR QUESTIONS OR INFORMATION PLEASE CALL 1-620-241-9183
LEASE # LEASE NAME PROD MO/YR
BBL/ MCF
PRICE
11-14 12-14 01-15 02-15 03-15 04-15 05-15 06-15 07-15 08-15 09-15 10-15 12-15 103033 04-17
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Butterfield 2447.28 46.73
103038 03-17
D & P 4164.11 45.25
04-17
7784.40 46.73
LOCATION GROSS VALUE
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
LEASE TAXES
DECIMAL OF INT INTEREST TYPE
0.00 .0141666 0.00 .0141666 0.00 .0141666 0.00 .0141666 0.00 .0141666 0.00 .0141666 0.00 .0141666 0.00 .0141666 0.00 .0141666 0.00 .0141666 0.00 .0141666 0.00 .0141666 0.00 .0141666 Gove COUNTY, KS 114369.55 222.70 109194.65 .0027777 4952.20 Ness COUNTY, KS 188405.81 378.93 179774.71 .0011490 94.20 8157.97 363790.91 708.38 347330.38 .0011490 15752.15
BEAU T MORRIS AND JESSICA N MORRIS JTWROS 2426 N WOODRIDGE CIR WICHITA KS 67226
-978.55 -365.98 -571.10 -316.70 -577.09 -334.85 -740.59 -753.43 -589.33 -257.42 -541.67 -573.31 -446.56
NET VALUE
OPERATOR
ORRI ORRI ORRI ORRI ORRI ORRI ORRI ORRI ORRI ORRI ORRI ORRI ORRI ORRI
ORRI
ORRI
OWNER GROSS VALUE
TAX TYPE
SEV -13.87 SEV -5.18 SEV -8.10 SEV -4.49 SEV -8.18 SEV -4.75 SEV -10.49 SEV -10.67 SEV -8.34 SEV -3.65 SEV -7.68 SEV -8.12 SEV -6.33 Palomino Petroleum Inc 317.68 KCC 0.61 SEV 13.76 Palomino Petroleum Inc 216.48 KCC 0.44 KOGRF 0.11 SEV 9.37 418.00 KCC 0.81 SEV 18.10
$952.16
YTD Owner Grs Val: YTD Owner Tax: YTD Owner Net Val:
OWNER NET VALUE
OWNER TAX
13.87 5.18 8.10 4.49 8.18 4.75 10.49 10.67 8.34 3.65 7.68 8.12 6.33 303.31
206.56
399.09
$1,426.75
$1,238.34 ($461.62) $1,699.96 Page 2 of 2
CHS McPherson Refinery Inc. ATTENTION CRUDE OIL ACCOUNTING 2000 S MAIN McPHERSON, KANSAS 67460
Amount: $566.32 Bank Transit: *****0045 Bank Account: *****579 LEASE # LEASE NAME PROD MO/YR
BBL/ MCF
PRICE
Advice # 101336 DATED 06/19/2017 Owner # 203084
REFER TO LEASE NO. AND OWNER NO. WHEN WRITING OR CALLING. FOR QUESTIONS OR INFORMATION PLEASE CALL 1-620-241-9183
LOCATION GROSS VALUE
LEASE TAXES
103033 05-17
Butterfield 2448.70 44.06
107881.03
222.83 4671.25
103038 05-17
D & P 5785.97 44.16
255487.88
526.52 11062.63
NET VALUE
OPERATOR DECIMAL OF INT INTEREST TYPE
Gove COUNTY, KS 102986.95 .0027777 ORRI Ness COUNTY, KS 243898.73 .0011490 ORRI
OWNER GROSS VALUE
TAX TYPE
Palomino Petroleum 299.66 KCC SEV Palomino Petroleum 293.56 KCC SEV
$593.22 BEAU T MORRIS AND JESSICA N MORRIS JTWROS 2426 N WOODRIDGE CIR WICHITA KS 67226-8202
YTD Owner Grs Val: YTD Owner Tax: YTD Owner Net Val:
OWNER NET VALUE
OWNER TAX
Inc 0.61 12.98 Inc 0.60 12.71
286.07
280.25
$566.32
$1,831.56 ($434.72) $2,266.28 Page 1 of 1
CHS McPherson Refinery Inc. ATTENTION CRUDE OIL ACCOUNTING 2000 S MAIN McPHERSON, KANSAS 67460
Amount: $746.59 Bank Transit: *****0045 Bank Account: *****579 LEASE # LEASE NAME PROD MO/YR
BBL/ MCF
PRICE
103033 06-17
Butterfield 2431.99 40.74
103038 06-17 103074 05-17
06-17
Advice # 101779 DATED 07/18/2017 Owner # 203084
REFER TO LEASE NO. AND OWNER NO. WHEN WRITING OR CALLING. FOR QUESTIONS OR INFORMATION PLEASE CALL 1-620-241-9183
LOCATION GROSS VALUE
LEASE TAXES
99083.34
221.31 4290.31
D & P 5370.30 40.74
218794.97
488.70 9473.82
Max #1 675.61 43.81
29596.07
1334.98 40.49
54055.57
61.48 14.80 1281.51 121.48 2340.61
NET VALUE
OPERATOR DECIMAL OF INT INTEREST TYPE
Gove COUNTY, KS 94571.72 .0027777 ORRI Ness COUNTY, KS 208832.45 .0011490 ORRI Ness COUNTY, KS 28238.28 .0030556 ORRI
51593.48
.0030556 ORRI
OWNER GROSS VALUE
TAX TYPE
Palomino Petroleum Inc 275.23 KCC 0.61 SEV 11.91 Palomino Petroleum Inc 251.40 KCC 0.56 SEV 10.88 Whitetail Crude, Inc. 90.43 KCC 0.19 KOGRF 0.05 SEV 3.92 165.17 KCC 0.37 SEV 7.15
$782.23 BEAU T MORRIS AND JESSICA N MORRIS JTWROS 2426 N WOODRIDGE CIR WICHITA KS 67226-8202
YTD Owner Grs Val: YTD Owner Tax: YTD Owner Net Val:
OWNER NET VALUE
OWNER TAX
262.71
239.96
86.27
157.65
$746.59
$2,613.79 ($399.08) $3,012.87 Page 1 of 1
CHS McPherson Refinery Inc. ATTENTION CRUDE OIL ACCOUNTING 2000 S MAIN McPHERSON, KANSAS 67460
Amount: $926.87 Bank Transit: *****0045 Bank Account: *****579 LEASE # LEASE NAME PROD MO/YR
BBL/ MCF
PRICE
Advice # 106038 DATED 08/18/2017 Owner # 203084
REFER TO LEASE NO. AND OWNER NO. WHEN WRITING OR CALLING. FOR QUESTIONS OR INFORMATION PLEASE CALL 1-620-241-9183
LOCATION GROSS VALUE
LEASE TAXES
103033 07-17
Butterfield 3083.81 42.11
129868.16
280.63 5623.29
103038 07-17
D & P 5054.21 42.11
212847.44
459.93 9216.29
103074 07-17
Max #1 845.66 41.86
35401.78
76.96 1532.90
103079 07-17
Cobra Rock 1137.79 42.11
47915.65
103.54 2074.75
NET VALUE
OPERATOR DECIMAL OF INT INTEREST TYPE
Gove COUNTY, KS 123964.24 .0027777 ORRI Ness COUNTY, KS 203171.22 .0011490 ORRI Ness COUNTY, KS 33791.92 .0030556 ORRI Gove COUNTY, KS 45737.36 .0053750 ORRI
OWNER GROSS VALUE
TAX TYPE
Palomino Petroleum Inc 360.73 KCC 0.77 SEV 15.62 Palomino Petroleum Inc 244.56 KCC 0.53 SEV 10.59 Whitetail Crude, Inc. 108.18 KCC 0.24 SEV 4.68 Palomino Petroleum Inc 257.54 KCC 0.56 SEV 11.15
$971.01 BEAU T MORRIS AND JESSICA N MORRIS JTWROS 2426 N WOODRIDGE CIR WICHITA KS 67226-8202
YTD Owner Grs Val: YTD Owner Tax: YTD Owner Net Val:
OWNER NET VALUE
OWNER TAX
344.34
233.44
103.26
245.83
$926.87
$3,977.67 ($337.05) $4,314.72 Page 1 of 1
Ness County KS. ³0LVVLVVLSSLDQ´255,6DOH (400 + BOPD)
1
Well Information Detail D&P Miss Horizontal
Palomino Petroleum, Inc.
API Number: 15-‐135-‐25938 Ness County, KS: NW/4 Sec. 33-‐16S-‐26W ORRI 0.0011490% Current Rate: 400 BOPD EUR 350,000 ʹ 400,000 BO Potential FUTURE DEVELOPMENT
2
Palomino Petroleum, Inc. D&P Mississippian Horizontal: Ness County, KS
3
Detailed Lease Economics
(D&P Horizontal) Palomino Petroleum, Inc.
PRODUCTION DATA
(Monthly Income)
Lease Name
March 2017
April 2017
May 2017
June 2017
July 2017
Average
D&P Horizontal
$205.56
$399.09
$280.25
$239.96
$233.44
$272.00
5
CHS McPherson Refinery Inc. ATTENTION CRUDE OIL ACCOUNTING 2000 S MAIN McPHERSON, KANSAS 67460
Amount: $1,426.75
Check # 6039798 DATED 05/18/2017 Owner # 203084
REFER TO LEASE NO. AND OWNER NO. WHEN WRITING OR CALLING. FOR QUESTIONS OR INFORMATION PLEASE CALL 1-620-241-9183
LEASE # LEASE NAME PROD MO/YR
BBL/ MCF
PRICE
11-14 12-14 01-15 02-15 03-15 04-15 05-15 06-15 07-15 08-15 09-15 10-15 12-15 103033 04-17
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Butterfield 2447.28 46.73
103038 03-17
D & P 4164.11 45.25
04-17
7784.40 46.73
LOCATION GROSS VALUE
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
LEASE TAXES
DECIMAL OF INT INTEREST TYPE
0.00 .0141666 0.00 .0141666 0.00 .0141666 0.00 .0141666 0.00 .0141666 0.00 .0141666 0.00 .0141666 0.00 .0141666 0.00 .0141666 0.00 .0141666 0.00 .0141666 0.00 .0141666 0.00 .0141666 Gove COUNTY, KS 114369.55 222.70 109194.65 .0027777 4952.20 Ness COUNTY, KS 188405.81 378.93 179774.71 .0011490 94.20 8157.97 363790.91 708.38 347330.38 .0011490 15752.15
BEAU T MORRIS AND JESSICA N MORRIS JTWROS 2426 N WOODRIDGE CIR WICHITA KS 67226
-978.55 -365.98 -571.10 -316.70 -577.09 -334.85 -740.59 -753.43 -589.33 -257.42 -541.67 -573.31 -446.56
NET VALUE
OPERATOR
ORRI ORRI ORRI ORRI ORRI ORRI ORRI ORRI ORRI ORRI ORRI ORRI ORRI ORRI
ORRI
ORRI
OWNER GROSS VALUE
TAX TYPE
SEV -13.87 SEV -5.18 SEV -8.10 SEV -4.49 SEV -8.18 SEV -4.75 SEV -10.49 SEV -10.67 SEV -8.34 SEV -3.65 SEV -7.68 SEV -8.12 SEV -6.33 Palomino Petroleum Inc 317.68 KCC 0.61 SEV 13.76 Palomino Petroleum Inc 216.48 KCC 0.44 KOGRF 0.11 SEV 9.37 418.00 KCC 0.81 SEV 18.10
$952.16
YTD Owner Grs Val: YTD Owner Tax: YTD Owner Net Val:
OWNER NET VALUE
OWNER TAX
13.87 5.18 8.10 4.49 8.18 4.75 10.49 10.67 8.34 3.65 7.68 8.12 6.33 303.31
206.56
399.09
$1,426.75
$1,238.34 ($461.62) $1,699.96 Page 2 of 2
CHS McPherson Refinery Inc. ATTENTION CRUDE OIL ACCOUNTING 2000 S MAIN McPHERSON, KANSAS 67460
Amount: $566.32 Bank Transit: *****0045 Bank Account: *****579 LEASE # LEASE NAME PROD MO/YR
BBL/ MCF
PRICE
Advice # 101336 DATED 06/19/2017 Owner # 203084
REFER TO LEASE NO. AND OWNER NO. WHEN WRITING OR CALLING. FOR QUESTIONS OR INFORMATION PLEASE CALL 1-620-241-9183
LOCATION GROSS VALUE
LEASE TAXES
103033 05-17
Butterfield 2448.70 44.06
107881.03
222.83 4671.25
103038 05-17
D & P 5785.97 44.16
255487.88
526.52 11062.63
NET VALUE
OPERATOR DECIMAL OF INT INTEREST TYPE
Gove COUNTY, KS 102986.95 .0027777 ORRI Ness COUNTY, KS 243898.73 .0011490 ORRI
OWNER GROSS VALUE
TAX TYPE
Palomino Petroleum 299.66 KCC SEV Palomino Petroleum 293.56 KCC SEV
$593.22 BEAU T MORRIS AND JESSICA N MORRIS JTWROS 2426 N WOODRIDGE CIR WICHITA KS 67226-8202
YTD Owner Grs Val: YTD Owner Tax: YTD Owner Net Val:
OWNER NET VALUE
OWNER TAX
Inc 0.61 12.98 Inc 0.60 12.71
286.07
280.25
$566.32
$1,831.56 ($434.72) $2,266.28 Page 1 of 1
CHS McPherson Refinery Inc. ATTENTION CRUDE OIL ACCOUNTING 2000 S MAIN McPHERSON, KANSAS 67460
Amount: $746.59 Bank Transit: *****0045 Bank Account: *****579 LEASE # LEASE NAME PROD MO/YR
BBL/ MCF
PRICE
103033 06-17
Butterfield 2431.99 40.74
103038 06-17 103074 05-17
06-17
Advice # 101779 DATED 07/18/2017 Owner # 203084
REFER TO LEASE NO. AND OWNER NO. WHEN WRITING OR CALLING. FOR QUESTIONS OR INFORMATION PLEASE CALL 1-620-241-9183
LOCATION GROSS VALUE
LEASE TAXES
99083.34
221.31 4290.31
D & P 5370.30 40.74
218794.97
488.70 9473.82
Max #1 675.61 43.81
29596.07
1334.98 40.49
54055.57
61.48 14.80 1281.51 121.48 2340.61
NET VALUE
OPERATOR DECIMAL OF INT INTEREST TYPE
Gove COUNTY, KS 94571.72 .0027777 ORRI Ness COUNTY, KS 208832.45 .0011490 ORRI Ness COUNTY, KS 28238.28 .0030556 ORRI
51593.48
.0030556 ORRI
OWNER GROSS VALUE
TAX TYPE
Palomino Petroleum Inc 275.23 KCC 0.61 SEV 11.91 Palomino Petroleum Inc 251.40 KCC 0.56 SEV 10.88 Whitetail Crude, Inc. 90.43 KCC 0.19 KOGRF 0.05 SEV 3.92 165.17 KCC 0.37 SEV 7.15
$782.23 BEAU T MORRIS AND JESSICA N MORRIS JTWROS 2426 N WOODRIDGE CIR WICHITA KS 67226-8202
YTD Owner Grs Val: YTD Owner Tax: YTD Owner Net Val:
OWNER NET VALUE
OWNER TAX
262.71
239.96
86.27
157.65
$746.59
$2,613.79 ($399.08) $3,012.87 Page 1 of 1
CHS McPherson Refinery Inc. ATTENTION CRUDE OIL ACCOUNTING 2000 S MAIN McPHERSON, KANSAS 67460
Amount: $926.87 Bank Transit: *****0045 Bank Account: *****579 LEASE # LEASE NAME PROD MO/YR
BBL/ MCF
PRICE
Advice # 106038 DATED 08/18/2017 Owner # 203084
REFER TO LEASE NO. AND OWNER NO. WHEN WRITING OR CALLING. FOR QUESTIONS OR INFORMATION PLEASE CALL 1-620-241-9183
LOCATION GROSS VALUE
LEASE TAXES
103033 07-17
Butterfield 3083.81 42.11
129868.16
280.63 5623.29
103038 07-17
D & P 5054.21 42.11
212847.44
459.93 9216.29
103074 07-17
Max #1 845.66 41.86
35401.78
76.96 1532.90
103079 07-17
Cobra Rock 1137.79 42.11
47915.65
103.54 2074.75
NET VALUE
OPERATOR DECIMAL OF INT INTEREST TYPE
Gove COUNTY, KS 123964.24 .0027777 ORRI Ness COUNTY, KS 203171.22 .0011490 ORRI Ness COUNTY, KS 33791.92 .0030556 ORRI Gove COUNTY, KS 45737.36 .0053750 ORRI
OWNER GROSS VALUE
TAX TYPE
Palomino Petroleum Inc 360.73 KCC 0.77 SEV 15.62 Palomino Petroleum Inc 244.56 KCC 0.53 SEV 10.59 Whitetail Crude, Inc. 108.18 KCC 0.24 SEV 4.68 Palomino Petroleum Inc 257.54 KCC 0.56 SEV 11.15
$971.01 BEAU T MORRIS AND JESSICA N MORRIS JTWROS 2426 N WOODRIDGE CIR WICHITA KS 67226-8202
YTD Owner Grs Val: YTD Owner Tax: YTD Owner Net Val:
OWNER NET VALUE
OWNER TAX
344.34
233.44
103.26
245.83
$926.87
$3,977.67 ($337.05) $4,314.72 Page 1 of 1
