Attached files
| file | filename |
|---|---|
| EX-31 - EX. 31.Z2 - Africa Growth Corp | ex31z2.htm |
| EX-32 - EX. 32.Z1 - Africa Growth Corp | ex32z1.htm |
| EX-31 - EX. 31.Z1 - Africa Growth Corp | ex31z1.htm |
| EX-32 - EX. 32.Z2 - Africa Growth Corp | ex32z2.htm |
| 10-K - BRHM 12-31-2014 10K - Africa Growth Corp | brhm1231201410k.htm |
BRYANT M. MOOK, B.S., M.E.
PETROLEUM ENGINEER AND GEOLOGIST
12926 KING CIRCLE
CYPRESS, TEXAS 77429-2936
TELE: +1 (713) 623-1158 • MOBILE: +1 (281) 253-2464
NEW YORK, NY TEL: +1 (212) 518-7752
LONDON, UK TEL: +44 (0) 20 7993 8268
![[ex991001.jpg]](ex991001.jpg)
March 31, 2015
Daniel Dror
Brenham Oil & Gas Corporation
601 Cien Road
Kemah, TX 77565
Re: Brenham Oil and Gas
Year End Reserve report
Harris and Galveston Counties Texas
As of December 31, 2014
Bryant M. Mook Petroleum Engineering and Geological Advisor (Mook) has performed an
engineering evaluation to estimate oil and gas reserves and future net revenue from oil and gas
properties to the subject interests. This evaluation was requested by Mr. Daniel Dror as an
officer of both the operator, Brenham Oil and Gas, (Brenham).
Projections of the reserves and the future net revenue to the evaluated interests are based on
economic parameters and operating conditions considered applicable as of December 31, 2014
and are pursuant to the financial reporting requirements of the Securities and Exchange
Commission (SEC). This evaluation, in combination with other documents and data is being
used by Brenham for financial purposes. Following is a summary of the results of the evaluation
effective December 31, 2014:
Net Reserves to Proved
Proved
Proved
Total
Total
Total
Risked
Grand
the Evaluated
Developed Developed Undeveloped Proved Probable Possible Volumetric total
Interests:
Producing
Non‐
(PUD)
Possible
(PDP)
Producing
100% WI
(PDNP)
Oil/Condensate
8.9
9.1
0.0
0.0
23.6
5.8
414.4
461.8
(MBO)
Gas (MMCF)
0.0
0.0
0.0
0.0
0.0
0.0
2,293.7
2,293.7
Future Net
Revenue, M$
Undiscounted
$614.3
$685.6
$0.0
$0.0
$1,869.1 $446.4
$49,068.3
$52,683.7
Discounted, NPV $254.7
$299.2
$0.0
$0.0
$486.8
$128.9
n/a
$1,169.6
10%
Page 1 of 2
It has been a pleasure to serve Brenham by preparing this engineering evaluation. I will retain all
related data and ancillary information in my files and will be available for review at your
convenience.
Yours truly,
![[ex991003.gif]](ex991003.gif)
Attachments
Page 2 of 2
Brenham PJ 10% WI PDNP_2014
DATE: 03-22-2015
* D a t a R e p o r t *
TIME: 13:49:46
DB: BOMCO_3-2-2015.MDB
ID: TXO03 011660
Lease ID:
011660
Major Phase: OIL
API #: 4220131191
Status:
PDNP
Lease Name:
FROST, JULIA
Well Name:
2
Field Name:
PIERCE JUNCTION
Formation Name:
Operator:
BOMCO USA, INC.
Title 1:
KINDER MORGAN TEXAS PIPELINE, LP
Title 2:
TEPPCO CRUDE OIL, L.P.
Export Code 1:
Export Code 2:
Export Code 3:
County:
HARRIS
ST: TX
Project Start Date: 1/2015
Ending Month:
12
Disc. Rate %
10
Reserves Factor: 100
Cash Flow Factor: 100
Gas Shrink%
0
Gas Shrink (MCF/M)
0
Oil Prod Tax
Gas Prod Tax
Plant Prod Tax
Ad Valorem Tax
Initial %
4.6
7.5
.0
3.0
Months
360
360
360
Final %
.0
.0
.0
$/BBL or $/MCF
.00
.00
.00
Initial Oil Price Adj.:
0.00 $/BBL
Max Price: 120.00 $/BBL Plant Price:
.00 % Oil Price
Oil Price:
94.99 $/BBL
Esc% 0.0
Esc$ 0.00
Months
360
Oil Price:
0.00 $/BBL
Esc% 0.0
Esc$ 0.00
Months
360
Oil Price:
0.00 $/BBL
Esc% 0.0
Esc$ 0.00
Months
360
Initial Gas Price Adj.:
0.00 $/MCF
Max Price: 12.00 $/MCF BTU
1000
Gas Price: 0.00 $/MCF
Esc% 0.0
Esc$ 0.00
Months
360
Gas Price: 0.00 $/MCF
Esc% 0.0
Esc$ 0.00
Months
360
Gas Price: 0.00 $/MCF
Esc% 0.0
Esc$ 0.00
Months
360
Op Exp $/W/M:
0 Esc
0.0 % For
30.00 Years
Esc
0.0 %
For
0.00 Years
Op Exp $/M:
800 Esc
0.0 % For
30.00 Years
Months Delay 0
Op Exp $/BBL:
5.00 Esc
0.0 % For
30.00 Years
Op Exp $/MCF:
0.00 Esc
0.0 % For
30.00 Years
Op Exp $/B Wat:
0.00 Esc
0.0 % For
30.00 Years
Mgmt Fee $/M:
0 Esc
0.0 % % NLP 0.00
WI%
NRI% O
NRI% G
Mths
AMT
10.0000
7.5000
7.5000
480
0.00
100.0000
0.0000
0.0000
0
0.00
Investments - Gross Lease Hold M$ 0.000
Net Salvage M$ 0.000
Escalation:
0.0 %
For
30.00 Years
Date
Tang M$
Intan M$
Risk %
Fed Tax Data
Rate %
34.00
Depr.
Decl. Bal
Depr.Life
7
Oil Units
Prod Start Date
GOR
No.Wells
Start ID
Monthly
2/ 2006
0.0
1
Type
N
Initial
Final
Decline
Time
Cum
Comments
HYP
1.0
1,100.0
190.1
12.400
431
173.924
0.0
0.0
0.0
0.000
0
0.000
0.0
0.0
0.0
0.000
0
0.000
Gas Units
Prod Start Date
YLD
No.Wells
Start ID
Plant Yld B/MM
Monthly
0.0
0
0.00
Type
N
Initial
Final
Decline
Time
Cum
0.0
0.0
0.0
0.000
0
0.000
0.0
0.0
0.0
0.000
0
0.000
0.0
0.0
0.0
0.000
0
0.000
Page 1
KINDER MORGAN TEXAS PIPELINE, LP
Brenham PJ 10% WI PDNP_2014
DATE: 03-22-2015
TEPPCO CRUDE OIL, L.P.
As of 1 / 2015
TIME: 13:49:47
DB: BOMCO_3-2-2015.MDB
ID: TXO03 011660
Date
No.
Gross Oil
Gross Gas
Net Oil
Net Gas
Oil
Gas
Wells
(Mbbl)
(MMcf)
(Mbbl)
(MMcf)
Price Price Oil Net.Rev Gas Net.Rev
Other
$/Bbl $/Mcf
(M$)
(M$)
Net.Rev
Total
(M$)
Net.Rev (M$)
12/2015
1.0
5.858
0.000
0.439
0.000 94.99
0.00
41.731
0.000
0.0
41.731
12/2016
1.0
5.531
0.000
0.415
0.000 94.99
0.00
39.401
0.000
0.0
39.401
12/2017
1.0
5.238
0.000
0.393
0.000 94.99
0.00
37.317
0.000
0.0
37.317
12/2018
1.0
4.975
0.000
0.373
0.000 94.99
0.00
35.443
0.000
0.0
35.443
12/2019
1.0
4.737
0.000
0.355
0.000 94.99
0.00
33.747
0.000
0.0
33.747
12/2020
1.0
4.521
0.000
0.339
0.000 94.99
0.00
32.207
0.000
0.0
32.207
12/2021
1.0
4.323
0.000
0.324
0.000 94.99
0.00
30.801
0.000
0.0
30.801
12/2022
1.0
4.143
0.000
0.311
0.000 94.99
0.00
29.512
0.000
0.0
29.512
12/2023
1.0
3.976
0.000
0.298
0.000 94.99
0.00
28.327
0.000
0.0
28.327
12/2024
1.0
3.823
0.000
0.287
0.000 94.99
0.00
27.234
0.000
0.0
27.234
12/2025
1.0
3.681
0.000
0.276
0.000 94.99
0.00
26.222
0.000
0.0
26.222
12/2026
1.0
3.549
0.000
0.266
0.000 94.99
0.00
25.282
0.000
0.0
25.282
12/2027
1.0
3.426
0.000
0.257
0.000 94.99
0.00
24.407
0.000
0.0
24.407
12/2028
1.0
3.311
0.000
0.248
0.000 94.99
0.00
23.591
0.000
0.0
23.591
12/2029
1.0
3.204
0.000
0.240
0.000 94.99
0.00
22.827
0.000
0.0
22.827
12/2030
1.0
3.104
0.000
0.233
0.000 94.99
0.00
22.112
0.000
0.0
22.112
12/2031
1.0
3.009
0.000
0.226
0.000 94.99
0.00
21.440
0.000
0.0
21.440
12/2032
1.0
2.921
0.000
0.219
0.000 94.99
0.00
20.807
0.000
0.0
20.807
Rem.
23.008
0.000
1.726
0.000 94.99
0.00
163.917
0.000
0.0
163.917
Total
96.336
0.000
7.225
0.000 94.99
0.00
686.325
0.000
0.0
686.325
AdValorem Operating
Total
Operational
Cumulative
10.0 Cum
& Prod Tax Expenses
Expenses
Cash Flow
Tangible Intangible Leasehld
Cash Flow
Cash Flow
Disc. C.F.
Date
(M$)
(M$)
(M$)
(M$)
(M$)
(M$)
(M$)
(M$)
(M$)
(M$)
12/2015
3.114
3.889
7.003
34.728
0.00
0.00
0.00
34.728
34.728
33.009
12/2016
2.940
3.725
6.665
32.736
0.00
0.00
0.00
32.736
67.464
61.295
12/2017
2.785
3.579
6.364
30.953
0.00
0.00
0.00
30.953
98.417
85.608
12/2018
2.645
3.447
6.092
29.350
0.00
0.00
0.00
29.350
127.768
106.567
12/2019
2.518
3.328
5.847
27.901
0.00
0.00
0.00
27.901
155.669
124.678
12/2020
2.403
3.220
5.624
26.583
0.00
0.00
0.00
26.583
182.252
140.366
12/2021
2.298
3.122
5.420
25.381
0.00
0.00
0.00
25.381
207.633
153.982
12/2022
2.202
3.031
5.233
24.279
0.00
0.00
0.00
24.279
231.912
165.822
12/2023
2.114
2.948
5.062
23.266
0.00
0.00
0.00
23.266
255.177
176.137
12/2024
2.032
2.871
4.904
22.330
0.00
0.00
0.00
22.330
277.507
185.137
12/2025
1.957
2.800
4.757
21.465
0.00
0.00
0.00
21.465
298.972
193.002
12/2026
1.887
2.734
4.621
20.661
0.00
0.00
0.00
20.661
319.633
199.883
12/2027
1.821
2.673
4.494
19.913
0.00
0.00
0.00
19.913
339.546
205.913
12/2028
1.760
2.616
4.376
19.215
0.00
0.00
0.00
19.215
358.761
211.202
12/2029
1.703
2.562
4.265
18.562
0.00
0.00
0.00
18.562
377.323
215.847
12/2030
1.650
2.512
4.162
17.950
0.00
0.00
0.00
17.950
395.273
219.931
12/2031
1.600
2.465
4.065
17.375
0.00
0.00
0.00
17.375
412.648
223.524
12/2032
1.553
2.420
3.973
16.834
0.00
0.00
0.00
16.834
429.482
226.689
Rem.
12.231
20.144
32.376
131.541
0.00
0.00
0.00
131.541
131.541
16.099
Total
51.214
74.088
125.302
561.023
0.00
0.00
0.00
561.023
561.023
242.788
Profitability Indicators
Interests
(%)
Reversion
Oil
Gas
Present Worth Profile
Points(Yrs)
MBBLS
MMCF
(%)
(M$)
Payout (Yrs)
0.00
Initial W.I.
10.0000
Prior
63.0
4.5
5.0
345.869
Discounted Payout (Yrs)
0.00
Final W.I.
10.0000
Proj.
96.3
0.0
10.0
242.788
DCF Rate of Return (%)
100.00
Initial NRI Oil
7.5000
Ult.
159.3
4.5
15.0
186.237
Income/Investment
0.00
Final NRI Oil
7.5000
20.0
151.593
Disc Income/Disc Inv.
0.00
Initial NRI Gas
7.5000
25.0
128.476
Project Life (Yrs)
27.00
Final NRI Gas
7.5000
30.0
112.019
40.0
90.164
FROST, JULIA
HARRIS
50.0
76.281
2
TX
60.0
66.655
PIERCE JUNCTION
BOMCO USA, INC.
80.0
54.126
100.0
46.287
Page 2
Brenham PJ 10% WI PDNP_2014
DATE: 03-22-2015
* D a t a R e p o r t *
TIME: 13:49:47
DB: BOMCO_3-2-2015.MDB
ID: TXO03 019558
Lease ID:
019558
Major Phase: OIL
API #: 4220104845
Status:
PDNP
Lease Name:
O.W. FORDYCE
Well Name:
3
Field Name:
PIERCE JUNCTION
Formation Name:
Operator:
BOMCO USA, INC.
Title 1:
KINDER MORGAN TEXAS PIPELINE, LP
Title 2:
TEPPCO CRUDE OIL, L.P.
Export Code 1:
Export Code 2:
Export Code 3:
County:
HARRIS
ST: TX
Project Start Date: 1/2015
Ending Month:
12
Disc. Rate %
10
Reserves Factor: 100
Cash Flow Factor: 100
Gas Shrink%
0
Gas Shrink (MCF/M)
0
Oil Prod Tax
Gas Prod Tax
Plant Prod Tax
Ad Valorem Tax
Initial %
4.6
7.5
.0
3.0
Months
360
360
360
Final %
.0
.0
.0
$/BBL or $/MCF
.00
.00
.00
Initial Oil Price Adj.:
0.00 $/BBL
Max Price: 120.00 $/BBL Plant Price:
.00 % Oil Price
Oil Price:
94.99 $/BBL
Esc% 0.0
Esc$ 0.00
Months
360
Oil Price:
0.00 $/BBL
Esc% 0.0
Esc$ 0.00
Months
360
Oil Price:
0.00 $/BBL
Esc% 0.0
Esc$ 0.00
Months
360
Initial Gas Price Adj.:
0.00 $/MCF
Max Price: 12.00 $/MCF BTU
1000
Gas Price: 0.00 $/MCF
Esc% 0.0
Esc$ 0.00
Months
360
Gas Price: 0.00 $/MCF
Esc% 0.0
Esc$ 0.00
Months
360
Gas Price: 0.00 $/MCF
Esc% 0.0
Esc$ 0.00
Months
360
Op Exp $/W/M:
0 Esc
0.0 % For
30.00 Years
Esc
0.0 %
For
0.00 Years
Op Exp $/M:
800 Esc
0.0 % For
30.00 Years
Months Delay 0
Op Exp $/BBL:
5.00 Esc
0.0 % For
30.00 Years
Op Exp $/MCF:
0.00 Esc
0.0 % For
30.00 Years
Op Exp $/B Wat:
0.00 Esc
0.0 % For
30.00 Years
Mgmt Fee $/M:
0 Esc
0.0 % % NLP 0.00
WI%
NRI% O
NRI% G
Mths
AMT
10.0000
7.5000
7.5000
480
0.00
100.0000
0.0000
0.0000
0
0.00
Investments - Gross Lease Hold M$ 0.000
Net Salvage M$ 0.000
Escalation:
0.0 %
For
30.00 Years
Date
Tang M$
Intan M$
Risk %
Fed Tax Data
Rate %
34.00
Depr.
Decl. Bal
Depr.Life
7
Oil Units
Prod Start Date
GOR
No.Wells
Start ID
Monthly
1/ 2008
0.0
1
Type
N
Initial
Final
Decline
Time
Cum
Comments
HYP
1.3
748.0
45.2
54.500
420
48.069
0.0
0.0
0.0
0.000
0
0.000
0.0
0.0
0.0
0.000
0
0.000
Gas Units
Prod Start Date
YLD
No.Wells
Start ID
Plant Yld B/MM
Monthly
0.0
0
0.00
Type
N
Initial
Final
Decline
Time
Cum
0.0
0.0
0.0
0.000
0
0.000
0.0
0.0
0.0
0.000
0
0.000
0.0
0.0
0.0
0.000
0
0.000
Page 3
KINDER MORGAN TEXAS PIPELINE, LP
Brenham PJ 10% WI PDNP_2014
DATE: 03-22-2015
TEPPCO CRUDE OIL, L.P.
As of 1 / 2015
TIME: 13:49:47
DB: BOMCO_3-2-2015.MDB
ID: TXO03 019558
Date
No.
Gross Oil
Gross Gas
Net Oil
Net Gas
Oil
Gas
Wells
(Mbbl)
(MMcf)
(Mbbl)
(MMcf)
Price Price Oil Net.Rev Gas Net.Rev
Other
$/Bbl $/Mcf
(M$)
(M$)
Net.Rev
Total
(M$)
Net.Rev (M$)
12/2015
1.0
1.655
0.000
0.124
0.000 94.99
0.00
11.791
0.000
0.0
11.791
12/2016
1.0
1.518
0.000
0.114
0.000 94.99
0.00
10.816
0.000
0.0
10.816
12/2017
1.0
1.405
0.000
0.105
0.000 94.99
0.00
10.009
0.000
0.0
10.009
12/2018
1.0
1.309
0.000
0.098
0.000 94.99
0.00
9.327
0.000
0.0
9.327
12/2019
1.0
1.227
0.000
0.092
0.000 94.99
0.00
8.744
0.000
0.0
8.744
12/2020
1.0
1.156
0.000
0.087
0.000 94.99
0.00
8.239
0.000
0.0
8.239
12/2021
1.0
1.094
0.000
0.082
0.000 94.99
0.00
7.796
0.000
0.0
7.796
12/2022
1.0
1.039
0.000
0.078
0.000 94.99
0.00
7.404
0.000
0.0
7.404
12/2023
1.0
0.990
0.000
0.074
0.000 94.99
0.00
7.055
0.000
0.0
7.055
12/2024
1.0
0.946
0.000
0.071
0.000 94.99
0.00
6.741
0.000
0.0
6.741
12/2025
1.0
0.907
0.000
0.068
0.000 94.99
0.00
6.458
0.000
0.0
6.458
12/2026
1.0
0.870
0.000
0.065
0.000 94.99
0.00
6.201
0.000
0.0
6.201
12/2027
1.0
0.837
0.000
0.063
0.000 94.99
0.00
5.966
0.000
0.0
5.966
12/2028
1.0
0.807
0.000
0.061
0.000 94.99
0.00
5.751
0.000
0.0
5.751
12/2029
1.0
0.779
0.000
0.058
0.000 94.99
0.00
5.553
0.000
0.0
5.553
12/2030
1.0
0.754
0.000
0.057
0.000 94.99
0.00
5.369
0.000
0.0
5.369
12/2031
1.0
0.730
0.000
0.055
0.000 94.99
0.00
5.199
0.000
0.0
5.199
12/2032
1.0
0.708
0.000
0.053
0.000 94.99
0.00
5.041
0.000
0.0
5.041
Rem.
6.123
0.000
0.459
0.000 94.99
0.00
43.623
0.000
0.0
43.623
Total
24.857
0.000
1.864
0.000 94.99
0.00
177.085
0.000
0.0
177.085
AdValorem Operating
Total
Operational
Cumulative
10.0 Cum
& Prod Tax Expenses
Expenses
Cash Flow
Tangible Intangible Leasehld
Cash Flow
Cash Flow
Disc. C.F.
Date
(M$)
(M$)
(M$)
(M$)
(M$)
(M$)
(M$)
(M$)
(M$)
(M$)
12/2015
0.880
1.788
2.667
9.124
0.00
0.00
0.00
9.124
9.124
8.675
12/2016
0.807
1.719
2.526
8.290
0.00
0.00
0.00
8.290
17.414
15.840
12/2017
0.747
1.662
2.409
7.599
0.00
0.00
0.00
7.599
25.013
21.811
12/2018
0.696
1.615
2.311
7.017
0.00
0.00
0.00
7.017
32.030
26.822
12/2019
0.653
1.574
2.226
6.518
0.00
0.00
0.00
6.518
38.548
31.054
12/2020
0.615
1.538
2.153
6.086
0.00
0.00
0.00
6.086
44.634
34.646
12/2021
0.582
1.507
2.089
5.707
0.00
0.00
0.00
5.707
50.341
37.708
12/2022
0.553
1.480
2.032
5.372
0.00
0.00
0.00
5.372
55.713
40.328
12/2023
0.526
1.455
1.982
5.073
0.00
0.00
0.00
5.073
60.787
42.578
12/2024
0.503
1.433
1.936
4.805
0.00
0.00
0.00
4.805
65.592
44.515
12/2025
0.482
1.413
1.895
4.563
0.00
0.00
0.00
4.563
70.155
46.187
12/2026
0.463
1.395
1.858
4.343
0.00
0.00
0.00
4.343
74.498
47.633
12/2027
0.445
1.379
1.824
4.142
0.00
0.00
0.00
4.142
78.640
48.888
12/2028
0.429
1.364
1.793
3.958
0.00
0.00
0.00
3.958
82.598
49.977
12/2029
0.414
1.350
1.764
3.788
0.00
0.00
0.00
3.788
86.387
50.925
12/2030
0.401
1.337
1.737
3.632
0.00
0.00
0.00
3.632
90.018
51.752
12/2031
0.388
1.325
1.713
3.487
0.00
0.00
0.00
3.487
93.505
52.473
12/2032
0.376
1.314
1.690
3.351
0.00
0.00
0.00
3.351
96.856
53.103
Rem.
3.255
12.662
15.917
27.706
0.00
0.00
0.00
27.706
27.706
3.285
Total
13.214
39.308
52.523
124.563
0.00
0.00
0.00
124.563
124.563
56.388
Profitability Indicators
Interests
(%)
Reversion
Oil
Gas
Present Worth Profile
Points(Yrs)
MBBLS
MMCF
(%)
(M$)
Payout (Yrs)
0.00
Initial W.I.
10.0000
Prior
48.5
0.2
5.0
78.564
Discounted Payout (Yrs)
0.00
Final W.I.
10.0000
Proj.
24.9
0.0
10.0
56.388
DCF Rate of Return (%)
100.00
Initial NRI Oil
7.5000
Ult.
73.4
0.2
15.0
44.058
Income/Investment
0.00
Final NRI Oil
7.5000
20.0
36.383
Disc Income/Disc Inv.
0.00
Initial NRI Gas
7.5000
25.0
31.183
Project Life (Yrs)
28.00
Final NRI Gas
7.5000
30.0
27.430
40.0
22.366
O.W. FORDYCE
HARRIS
50.0
19.093
3
TX
60.0
16.795
PIERCE JUNCTION
BOMCO USA, INC.
80.0
13.765
100.0
11.844
Page 4
Brenham PJ 10% WI PDNP_2014
DATE: 03-22-2015
As of 1 / 2015
TIME: 13:49:47
* S u m m a r y *
DB: BOMCO_3-2-2015.MDB
Sum Name: SUMFILE
Date
No.
Gross Oil
Gross Gas
Net Oil
Net Gas
Oil
Gas
Wells
(Mbbl)
(MMcf)
(Mbbl)
(MMcf)
Price Price Oil Net.Rev Gas Net.Rev
Other
$/Bbl $/Mcf
(M$)
(M$)
Net.Rev
Total
(M$)
Net.Rev (M$)
12/2015
2.0
7.513
0.000
0.563
0.000 94.99
0.00
53.523
0.000
0.0
53.523
12/2016
2.0
7.049
0.000
0.529
0.000 94.99
0.00
50.217
0.000
0.0
50.217
12/2017
2.0
6.643
0.000
0.498
0.000 94.99
0.00
47.326
0.000
0.0
47.326
12/2018
2.0
6.284
0.000
0.471
0.000 94.99
0.00
44.770
0.000
0.0
44.770
12/2019
2.0
5.964
0.000
0.447
0.000 94.99
0.00
42.492
0.000
0.0
42.492
12/2020
2.0
5.677
0.000
0.426
0.000 94.99
0.00
40.446
0.000
0.0
40.446
12/2021
2.0
5.418
0.000
0.406
0.000 94.99
0.00
38.597
0.000
0.0
38.597
12/2022
2.0
5.182
0.000
0.389
0.000 94.99
0.00
36.917
0.000
0.0
36.917
12/2023
2.0
4.966
0.000
0.372
0.000 94.99
0.00
35.382
0.000
0.0
35.382
12/2024
2.0
4.769
0.000
0.358
0.000 94.99
0.00
33.975
0.000
0.0
33.975
12/2025
2.0
4.587
0.000
0.344
0.000 94.99
0.00
32.680
0.000
0.0
32.680
12/2026
2.0
4.419
0.000
0.331
0.000 94.99
0.00
31.483
0.000
0.0
31.483
12/2027
2.0
4.263
0.000
0.320
0.000 94.99
0.00
30.373
0.000
0.0
30.373
12/2028
2.0
4.119
0.000
0.309
0.000 94.99
0.00
29.342
0.000
0.0
29.342
12/2029
2.0
3.984
0.000
0.299
0.000 94.99
0.00
28.380
0.000
0.0
28.380
12/2030
2.0
3.857
0.000
0.289
0.000 94.99
0.00
27.481
0.000
0.0
27.481
12/2031
2.0
3.739
0.000
0.280
0.000 94.99
0.00
26.639
0.000
0.0
26.639
12/2032
2.0
3.628
0.000
0.272
0.000 94.99
0.00
25.849
0.000
0.0
25.849
Rem.
29.131
0.000
2.185
0.000 94.99
0.00
207.539
0.000
0.0
207.539
Total
121.193
0.000
9.089
0.000 94.99
0.00
863.410
0.000
0.0
863.410
AdValorem Operating
Total
Operational
Cumulative
10.0 Cum
& Prod Tax Expenses
Expenses
Cash Flow
Tangible Intangible Leasehld
Cash Flow
Cash Flow
Disc. C.F.
Date
(M$)
(M$)
(M$)
(M$)
(M$)
(M$)
(M$)
(M$)
(M$)
(M$)
12/2015
3.994
5.676
9.670
43.852
0.00
0.00
0.00
43.852
43.852
41.684
12/2016
3.747
5.444
9.192
41.026
0.00
0.00
0.00
41.026
84.878
77.135
12/2017
3.531
5.241
8.773
38.553
0.00
0.00
0.00
38.553
123.431
107.419
12/2018
3.341
5.062
8.403
36.367
0.00
0.00
0.00
36.367
159.798
133.389
12/2019
3.171
4.902
8.073
34.419
0.00
0.00
0.00
34.419
194.217
155.732
12/2020
3.018
4.759
7.777
32.669
0.00
0.00
0.00
32.669
226.886
175.012
12/2021
2.880
4.629
7.509
31.088
0.00
0.00
0.00
31.088
257.974
191.690
12/2022
2.755
4.511
7.266
29.651
0.00
0.00
0.00
29.651
287.625
206.151
12/2023
2.640
4.403
7.043
28.339
0.00
0.00
0.00
28.339
315.964
218.715
12/2024
2.535
4.304
6.840
27.136
0.00
0.00
0.00
27.136
343.099
229.652
12/2025
2.439
4.214
6.652
26.028
0.00
0.00
0.00
26.028
369.127
239.188
12/2026
2.349
4.130
6.479
25.004
0.00
0.00
0.00
25.004
394.131
247.517
12/2027
2.266
4.052
6.318
24.055
0.00
0.00
0.00
24.055
418.186
254.801
12/2028
2.189
3.979
6.169
23.173
0.00
0.00
0.00
23.173
441.359
261.179
12/2029
2.118
3.912
6.029
22.350
0.00
0.00
0.00
22.350
463.710
266.773
12/2030
2.051
3.849
5.899
21.582
0.00
0.00
0.00
21.582
485.291
271.682
12/2031
1.988
3.790
5.777
20.862
0.00
0.00
0.00
20.862
506.153
275.997
12/2032
1.929
3.734
5.663
20.186
0.00
0.00
0.00
20.186
526.339
279.792
Rem.
15.487
32.806
48.292
159.247
0.00
0.00
0.00
159.247
159.247
19.384
Total
64.428
113.397
177.824
685.586
0.00
0.00
0.00
685.586
685.586
299.176
Oil
Gas
Present Worth Profile
Profitability Indicators
MBBLS
MMCF
(%)
(M$)
Payout (Yrs)
0.00
Prior
111.5
4.7
5.0
424.433
Discounted Payout (Yrs)
0.00
Proj.
121.2
0.0
10.0
299.176
DCF Rate of Return (%)
100.00
Ult.
232.7
4.7
15.0
230.295
Income/Investment
0.00
20.0
187.976
Disc Income/Disc Inv.
0.00
25.0
159.659
30.0
139.449
40.0
112.530
50.0
95.375
60.0
83.450
80.0
67.891
100.0
58.130
Page 5
Brenham PJ 10% WI PDNP_2014
DATE: 03-22-2015
As of 1 / 2015
TIME: 13:49:47
* O n e L i n e S u m m a r y *
DB: BOMCO_3-2-2015.MDB
Sum Name: SUMFILE
Lease - Well / ID
Gross Oil
Gross Gas
Net Oil
Net Gas
Tot. Rev.
Tot. Exp.
Tot. Capital Cash Flow
Disc Cash
(MBbl)
(MMcf)
(MBbl)
(MMcf)
(M$)
(M$)
(M$)
(M$)
Flow (M$)
FROST, JULIA - 2
TXO03 011660
96.3
0.0
7.2
0.0
686.3
125.3
0.0
561.0
242.8
O.W. FORDYCE - 3
TXO03 019558
24.9
0.0
1.9
0.0
177.1
52.5
0.0
124.6
56.4
Total
121.2
0.0
9.1
0.0
863.4
177.8
0.0
685.6
299.2
Page 6
Brenham PJ 10% WI PDP_2014
DATE: 03-22-2015
* D a t a R e p o r t *
TIME: 13:48:21
DB: BOMCO_3-2-2015.MDB
ID: TXO03 003357
Lease ID:
003357
Major Phase: OIL
API #: 4220107819
Status:
PDP
Lease Name:
RIO BRAVO FEE
Well Name:
1B
Field Name:
PIERCE JUNCTION
Formation Name:
Operator:
BOMCO USA, INC.
Title 1:
KINDER MORGAN TEXAS PIPELINE, LP
Title 2:
CROWN CENTRAL PIPE LINE CO.
Export Code 1:
Export Code 2:
Export Code 3:
County:
HARRIS
ST: TX
Project Start Date: 1/2015
Ending Month:
12
Disc. Rate %
10
Reserves Factor: 100
Cash Flow Factor: 100
Gas Shrink%
0
Gas Shrink (MCF/M)
0
Oil Prod Tax
Gas Prod Tax
Plant Prod Tax
Ad Valorem Tax
Initial %
4.6
7.5
.0
3.0
Months
360
360
360
Final %
.0
.0
.0
$/BBL or $/MCF
.00
.00
.00
Initial Oil Price Adj.:
0.00 $/BBL
Max Price: 120.00 $/BBL Plant Price:
.00 % Oil Price
Oil Price:
94.99 $/BBL
Esc% 0.0
Esc$ 0.00
Months
360
Oil Price:
0.00 $/BBL
Esc% 0.0
Esc$ 0.00
Months
360
Oil Price:
0.00 $/BBL
Esc% 0.0
Esc$ 0.00
Months
360
Initial Gas Price Adj.:
0.00 $/MCF
Max Price: 12.00 $/MCF BTU
1000
Gas Price: 0.00 $/MCF
Esc% 0.0
Esc$ 0.00
Months
360
Gas Price: 0.00 $/MCF
Esc% 0.0
Esc$ 0.00
Months
360
Gas Price: 0.00 $/MCF
Esc% 0.0
Esc$ 0.00
Months
360
Op Exp $/W/M:
0 Esc
0.0 % For
30.00 Years
Esc
0.0 %
For
0.00 Years
Op Exp $/M:
800 Esc
0.0 % For
30.00 Years
Months Delay 0
Op Exp $/BBL:
5.00 Esc
0.0 % For
30.00 Years
Op Exp $/MCF:
0.00 Esc
0.0 % For
30.00 Years
Op Exp $/B Wat:
0.00 Esc
0.0 % For
30.00 Years
Mgmt Fee $/M:
0 Esc
0.0 % % NLP 0.00
WI%
NRI% O
NRI% G
Mths
AMT
10.0000
7.5000
7.5000
480
0.00
100.0000
0.0000
0.0000
0
0.00
Investments - Gross Lease Hold M$ 0.000
Net Salvage M$ 0.000
Escalation:
0.0 %
For
30.00 Years
Date
Tang M$
Intan M$
Risk %
Fed Tax Data
Rate %
34.00
Depr.
Decl. Bal
Depr.Life
7
Oil Units
Prod Start Date
GOR
No.Wells
Start ID
Monthly
10/ 2014
0.0
1
Type
N
Initial
Final
Decline
Time
Cum
Comments
HYP
0.9
48.0
13.1
4.500
638
15.167
0.0
0.0
0.0
0.000
0
0.000
0.0
0.0
0.0
0.000
0
0.000
Gas Units
Prod Start Date
YLD
No.Wells
Start ID
Plant Yld B/MM
Monthly
0.0
0
0.00
Type
N
Initial
Final
Decline
Time
Cum
0.0
0.0
0.0
0.000
0
0.000
0.0
0.0
0.0
0.000
0
0.000
0.0
0.0
0.0
0.000
0
0.000
Page 1
KINDER MORGAN TEXAS PIPELINE, LP
Brenham PJ 10% WI PDP_2014
DATE: 03-22-2015
CROWN CENTRAL PIPE LINE CO.
As of 1 / 2015
TIME: 13:48:21
DB: BOMCO_3-2-2015.MDB
ID: TXO03 003357
Date
No.
Gross Oil
Gross Gas
Net Oil
Net Gas
Oil
Gas
Wells
(Mbbl)
(MMcf)
(Mbbl)
(MMcf)
Price Price Oil Net.Rev Gas Net.Rev
Other
$/Bbl $/Mcf
(M$)
(M$)
Net.Rev
Total
(M$)
Net.Rev (M$)
12/2015
1.0
0.557
0.000
0.042
0.000 94.99
0.00
3.967
0.000
0.0
3.967
12/2016
1.0
0.533
0.000
0.040
0.000 94.99
0.00
3.797
0.000
0.0
3.797
12/2017
1.0
0.511
0.000
0.038
0.000 94.99
0.00
3.640
0.000
0.0
3.640
12/2018
1.0
0.491
0.000
0.037
0.000 94.99
0.00
3.495
0.000
0.0
3.495
12/2019
1.0
0.472
0.000
0.035
0.000 94.99
0.00
3.360
0.000
0.0
3.360
12/2020
1.0
0.454
0.000
0.034
0.000 94.99
0.00
3.235
0.000
0.0
3.235
12/2021
1.0
0.438
0.000
0.033
0.000 94.99
0.00
3.119
0.000
0.0
3.119
12/2022
1.0
0.423
0.000
0.032
0.000 94.99
0.00
3.010
0.000
0.0
3.010
12/2023
1.0
0.408
0.000
0.031
0.000 94.99
0.00
2.909
0.000
0.0
2.909
12/2024
1.0
0.395
0.000
0.030
0.000 94.99
0.00
2.813
0.000
0.0
2.813
12/2025
1.0
0.382
0.000
0.029
0.000 94.99
0.00
2.724
0.000
0.0
2.724
12/2026
1.0
0.370
0.000
0.028
0.000 94.99
0.00
2.639
0.000
0.0
2.639
12/2027
1.0
0.359
0.000
0.027
0.000 94.99
0.00
2.560
0.000
0.0
2.560
12/2028
1.0
0.349
0.000
0.026
0.000 94.99
0.00
2.485
0.000
0.0
2.485
12/2029
1.0
0.339
0.000
0.025
0.000 94.99
0.00
2.414
0.000
0.0
2.414
12/2030
1.0
0.329
0.000
0.025
0.000 94.99
0.00
2.347
0.000
0.0
2.347
12/2031
1.0
0.320
0.000
0.024
0.000 94.99
0.00
2.283
0.000
0.0
2.283
12/2032
1.0
0.312
0.000
0.023
0.000 94.99
0.00
2.222
0.000
0.0
2.222
Rem.
7.582
0.000
0.569
0.000 94.99
0.00
54.016
0.000
0.0
54.016
Total
15.024
0.000
1.127
0.000 94.99
0.00
107.033
0.000
0.0
107.033
AdValorem Operating
Total
Operational
Cumulative
10.0 Cum
& Prod Tax Expenses
Expenses
Cash Flow
Tangible Intangible Leasehld
Cash Flow
Cash Flow
Disc. C.F.
Date
(M$)
(M$)
(M$)
(M$)
(M$)
(M$)
(M$)
(M$)
(M$)
(M$)
12/2015
0.296
1.238
1.534
2.432
0.00
0.00
0.00
2.432
2.432
2.312
12/2016
0.283
1.226
1.510
2.287
0.00
0.00
0.00
2.287
4.719
4.288
12/2017
0.272
1.215
1.487
2.153
0.00
0.00
0.00
2.153
6.872
5.979
12/2018
0.261
1.205
1.466
2.029
0.00
0.00
0.00
2.029
8.900
7.428
12/2019
0.251
1.196
1.447
1.914
0.00
0.00
0.00
1.914
10.814
8.670
12/2020
0.241
1.187
1.428
1.807
0.00
0.00
0.00
1.807
12.621
9.736
12/2021
0.233
1.179
1.412
1.707
0.00
0.00
0.00
1.707
14.328
10.652
12/2022
0.225
1.171
1.396
1.614
0.00
0.00
0.00
1.614
15.943
11.440
12/2023
0.217
1.164
1.381
1.527
0.00
0.00
0.00
1.527
17.470
12.117
12/2024
0.210
1.157
1.367
1.446
0.00
0.00
0.00
1.446
18.916
12.700
12/2025
0.203
1.151
1.354
1.369
0.00
0.00
0.00
1.369
20.285
13.201
12/2026
0.197
1.145
1.342
1.297
0.00
0.00
0.00
1.297
21.582
13.634
12/2027
0.191
1.140
1.331
1.229
0.00
0.00
0.00
1.229
22.811
14.006
12/2028
0.185
1.134
1.320
1.165
0.00
0.00
0.00
1.165
23.976
14.326
12/2029
0.180
1.129
1.310
1.104
0.00
0.00
0.00
1.104
25.081
14.603
12/2030
0.175
1.125
1.300
1.047
0.00
0.00
0.00
1.047
26.127
14.841
12/2031
0.170
1.120
1.291
0.992
0.00
0.00
0.00
0.992
27.120
15.046
12/2032
0.166
1.116
1.282
0.940
0.00
0.00
0.00
0.940
28.060
15.223
Rem.
4.031
15.311
19.342
34.674
0.00
0.00
0.00
34.674
34.674
2.438
Total
7.987
36.312
44.299
62.734
0.00
0.00
0.00
62.734
62.734
17.661
Profitability Indicators
Interests
(%)
Reversion
Oil
Gas
Present Worth Profile
Points(Yrs)
MBBLS
MMCF
(%)
(M$)
Payout (Yrs)
0.00
Initial W.I.
10.0000
Prior
93.2
0.8
5.0
28.759
Discounted Payout (Yrs)
0.00
Final W.I.
10.0000
Proj.
15.0
0.0
10.0
17.661
DCF Rate of Return (%)
100.00
Initial NRI Oil
7.5000
Ult.
108.2
0.8
15.0
12.948
Income/Investment
0.00
Final NRI Oil
7.5000
20.0
10.423
Disc Income/Disc Inv.
0.00
Initial NRI Gas
7.5000
25.0
8.830
Project Life (Yrs)
30.00
Final NRI Gas
7.5000
30.0
7.716
40.0
6.239
RIO BRAVO FEE
HARRIS
50.0
5.294
1B
TX
60.0
4.635
PIERCE JUNCTION
BOMCO USA, INC.
80.0
3.773
100.0
3.230
Page 2
Brenham PJ 10% WI PDP_2014
DATE: 03-22-2015
* D a t a R e p o r t *
TIME: 13:48:21
DB: BOMCO_3-2-2015.MDB
ID: TXO03 003359
Lease ID:
003359
Major Phase: OIL
API #: 4220104748
Status:
PDP
Lease Name:
SETTEGAST, J. J. -B-
Well Name:
22
Field Name:
PIERCE JUNCTION
Formation Name:
Operator:
BOMCO USA, INC.
Title 1:
KINDER MORGAN TEXAS PIPELINE, LP
Title 2:
TEPPCO CRUDE OIL, L.P.
Export Code 1:
Export Code 2:
Export Code 3:
County:
HARRIS
ST: TX
Project Start Date: 1/2015
Ending Month:
12
Disc. Rate %
10
Reserves Factor: 100
Cash Flow Factor: 100
Gas Shrink%
0
Gas Shrink (MCF/M)
0
Oil Prod Tax
Gas Prod Tax
Plant Prod Tax
Ad Valorem Tax
Initial %
4.6
7.5
.0
3.0
Months
360
360
360
Final %
.0
.0
.0
$/BBL or $/MCF
.00
.00
.00
Initial Oil Price Adj.:
0.00 $/BBL
Max Price: 120.00 $/BBL Plant Price:
.00 % Oil Price
Oil Price:
94.99 $/BBL
Esc% 0.0
Esc$ 0.00
Months
360
Oil Price:
0.00 $/BBL
Esc% 0.0
Esc$ 0.00
Months
360
Oil Price:
0.00 $/BBL
Esc% 0.0
Esc$ 0.00
Months
360
Initial Gas Price Adj.:
0.00 $/MCF
Max Price: 12.00 $/MCF BTU
1000
Gas Price: 0.00 $/MCF
Esc% 0.0
Esc$ 0.00
Months
360
Gas Price: 0.00 $/MCF
Esc% 0.0
Esc$ 0.00
Months
360
Gas Price: 0.00 $/MCF
Esc% 0.0
Esc$ 0.00
Months
360
Op Exp $/W/M:
0 Esc
0.0 % For
30.00 Years
Esc
0.0 %
For
0.00 Years
Op Exp $/M:
800 Esc
0.0 % For
30.00 Years
Months Delay 0
Op Exp $/BBL:
5.00 Esc
0.0 % For
30.00 Years
Op Exp $/MCF:
0.00 Esc
0.0 % For
30.00 Years
Op Exp $/B Wat:
0.00 Esc
0.0 % For
30.00 Years
Mgmt Fee $/M:
0 Esc
0.0 % % NLP 0.00
WI%
NRI% O
NRI% G
Mths
AMT
10.0000
7.5000
7.5000
480
0.00
100.0000
0.0000
0.0000
0
0.00
Investments - Gross Lease Hold M$ 0.000
Net Salvage M$ 0.000
Escalation:
0.0 %
For
30.00 Years
Date
Tang M$
Intan M$
Risk %
Fed Tax Data
Rate %
34.00
Depr.
Decl. Bal
Depr.Life
7
Oil Units
Prod Start Date
GOR
No.Wells
Start ID
Monthly
12/ 2010
0.0
1
Type
N
Initial
Final
Decline
Time
Cum
Comments
HYP
1.0
335.3
138.2
4.340
385
80.211
0.0
0.0
0.0
0.000
0
0.000
0.0
0.0
0.0
0.000
0
0.000
Gas Units
Prod Start Date
YLD
No.Wells
Start ID
Plant Yld B/MM
Monthly
0.0
0
0.00
Type
N
Initial
Final
Decline
Time
Cum
0.0
0.0
0.0
0.000
0
0.000
0.0
0.0
0.0
0.000
0
0.000
0.0
0.0
0.0
0.000
0
0.000
Page 3
KINDER MORGAN TEXAS PIPELINE, LP
Brenham PJ 10% WI PDP_2014
DATE: 03-22-2015
TEPPCO CRUDE OIL, L.P.
As of 1 / 2015
TIME: 13:48:21
DB: BOMCO_3-2-2015.MDB
ID: TXO03 003359
Date
No.
Gross Oil
Gross Gas
Net Oil
Net Gas
Oil
Gas
Wells
(Mbbl)
(MMcf)
(Mbbl)
(MMcf)
Price Price Oil Net.Rev Gas Net.Rev
Other
$/Bbl $/Mcf
(M$)
(M$)
Net.Rev
Total
(M$)
Net.Rev (M$)
12/2015
1.0
3.343
0.000
0.251
0.000 94.99
0.00
23.814
0.000
0.0
23.814
12/2016
1.0
3.224
0.000
0.242
0.000 94.99
0.00
22.966
0.000
0.0
22.966
12/2017
1.0
3.113
0.000
0.233
0.000 94.99
0.00
22.176
0.000
0.0
22.176
12/2018
1.0
3.009
0.000
0.226
0.000 94.99
0.00
21.438
0.000
0.0
21.438
12/2019
1.0
2.912
0.000
0.218
0.000 94.99
0.00
20.748
0.000
0.0
20.748
12/2020
1.0
2.821
0.000
0.212
0.000 94.99
0.00
20.101
0.000
0.0
20.101
12/2021
1.0
2.736
0.000
0.205
0.000 94.99
0.00
19.493
0.000
0.0
19.493
12/2022
1.0
2.656
0.000
0.199
0.000 94.99
0.00
18.921
0.000
0.0
18.921
12/2023
1.0
2.580
0.000
0.194
0.000 94.99
0.00
18.381
0.000
0.0
18.381
12/2024
1.0
2.509
0.000
0.188
0.000 94.99
0.00
17.871
0.000
0.0
17.871
12/2025
1.0
2.441
0.000
0.183
0.000 94.99
0.00
17.389
0.000
0.0
17.389
12/2026
1.0
2.377
0.000
0.178
0.000 94.99
0.00
16.932
0.000
0.0
16.932
12/2027
1.0
2.316
0.000
0.174
0.000 94.99
0.00
16.499
0.000
0.0
16.499
12/2028
1.0
2.258
0.000
0.169
0.000 94.99
0.00
16.087
0.000
0.0
16.087
12/2029
1.0
2.203
0.000
0.165
0.000 94.99
0.00
15.695
0.000
0.0
15.695
12/2030
1.0
2.151
0.000
0.161
0.000 94.99
0.00
15.322
0.000
0.0
15.322
12/2031
1.0
2.101
0.000
0.158
0.000 94.99
0.00
14.966
0.000
0.0
14.966
12/2032
1.0
2.053
0.000
0.154
0.000 94.99
0.00
14.626
0.000
0.0
14.626
Rem.
18.313
0.000
1.373
0.000 94.99
0.00
130.469
0.000
0.0
130.469
Total
65.115
0.000
4.884
0.000 94.99
0.00
463.894
0.000
0.0
463.894
AdValorem Operating
Total
Operational
Cumulative
10.0 Cum
& Prod Tax Expenses
Expenses
Cash Flow
Tangible Intangible Leasehld
Cash Flow
Cash Flow
Disc. C.F.
Date
(M$)
(M$)
(M$)
(M$)
(M$)
(M$)
(M$)
(M$)
(M$)
(M$)
12/2015
1.777
2.631
4.408
19.406
0.00
0.00
0.00
19.406
19.406
18.442
12/2016
1.714
2.572
4.286
18.680
0.00
0.00
0.00
18.680
38.086
34.580
12/2017
1.655
2.516
4.171
18.005
0.00
0.00
0.00
18.005
56.091
48.721
12/2018
1.600
2.465
4.064
17.374
0.00
0.00
0.00
17.374
73.464
61.125
12/2019
1.548
2.416
3.964
16.784
0.00
0.00
0.00
16.784
90.248
72.019
12/2020
1.500
2.371
3.871
16.230
0.00
0.00
0.00
16.230
106.478
81.596
12/2021
1.455
2.328
3.783
15.710
0.00
0.00
0.00
15.710
122.189
90.023
12/2022
1.412
2.288
3.700
15.221
0.00
0.00
0.00
15.221
137.410
97.445
12/2023
1.372
2.250
3.622
14.759
0.00
0.00
0.00
14.759
152.169
103.988
12/2024
1.334
2.214
3.548
14.324
0.00
0.00
0.00
14.324
166.493
109.761
12/2025
1.298
2.180
3.478
13.911
0.00
0.00
0.00
13.911
180.404
114.857
12/2026
1.263
2.148
3.412
13.520
0.00
0.00
0.00
13.520
193.924
119.360
12/2027
1.231
2.118
3.349
13.150
0.00
0.00
0.00
13.150
207.074
123.342
12/2028
1.200
2.089
3.289
12.798
0.00
0.00
0.00
12.798
219.871
126.864
12/2029
1.171
2.062
3.233
12.462
0.00
0.00
0.00
12.462
232.334
129.983
12/2030
1.143
2.035
3.179
12.143
0.00
0.00
0.00
12.143
244.477
132.745
12/2031
1.117
2.010
3.127
11.839
0.00
0.00
0.00
11.839
256.316
135.193
12/2032
1.091
1.987
3.078
11.548
0.00
0.00
0.00
11.548
267.864
137.364
Rem.
9.736
18.757
28.492
101.976
0.00
0.00
0.00
101.976
101.976
11.983
Total
34.616
59.437
94.053
369.841
0.00
0.00
0.00
369.841
369.841
149.347
Profitability Indicators
Interests
(%)
Reversion
Oil
Gas
Present Worth Profile
Points(Yrs)
MBBLS
MMCF
(%)
(M$)
Payout (Yrs)
0.00
Initial W.I.
10.0000
Prior
158.1
0.3
5.0
218.827
Discounted Payout (Yrs)
0.00
Final W.I.
10.0000
Proj.
65.1
0.0
10.0
149.347
DCF Rate of Return (%)
100.00
Initial NRI Oil
7.5000
Ult.
223.2
0.3
15.0
112.416
Income/Investment
0.00
Final NRI Oil
7.5000
20.0
90.323
Disc Income/Disc Inv.
0.00
Initial NRI Gas
7.5000
25.0
75.840
Project Life (Yrs)
28.00
Final NRI Gas
7.5000
30.0
65.667
40.0
52.344
SETTEGAST, J. J. -B-
HARRIS
50.0
43.998
22
TX
60.0
38.266
PIERCE JUNCTION
BOMCO USA, INC.
80.0
30.879
100.0
26.299
Page 4
Brenham PJ 10% WI PDP_2014
DATE: 03-22-2015
* D a t a R e p o r t *
TIME: 13:48:21
DB: BOMCO_3-2-2015.MDB
ID: TXO03 013450
Lease ID:
013450
Major Phase: OIL
API #: 4220131343
Status:
PDP
Lease Name:
SETTEGAST, L. J.
Well Name:
5
Field Name:
PIERCE JUNCTION
Formation Name:
Operator:
BOMCO USA, INC.
Title 1:
KINDER MORGAN TEXAS PIPELINE, LP
Title 2:
TEPPCO CRUDE OIL, L.P.
Export Code 1:
Export Code 2:
Export Code 3:
County:
HARRIS
ST: TX
Project Start Date: 1/2015
Ending Month:
12
Disc. Rate %
10
Reserves Factor: 100
Cash Flow Factor: 100
Gas Shrink%
0
Gas Shrink (MCF/M)
0
Oil Prod Tax
Gas Prod Tax
Plant Prod Tax
Ad Valorem Tax
Initial %
4.6
7.5
.0
3.0
Months
360
360
360
Final %
.0
.0
.0
$/BBL or $/MCF
.00
.00
.00
Initial Oil Price Adj.:
0.00 $/BBL
Max Price: 120.00 $/BBL Plant Price:
.00 % Oil Price
Oil Price:
94.99 $/BBL
Esc% 0.0
Esc$ 0.00
Months
360
Oil Price:
0.00 $/BBL
Esc% 0.0
Esc$ 0.00
Months
360
Oil Price:
0.00 $/BBL
Esc% 0.0
Esc$ 0.00
Months
360
Initial Gas Price Adj.:
0.00 $/MCF
Max Price: 12.00 $/MCF BTU
1000
Gas Price: 0.00 $/MCF
Esc% 0.0
Esc$ 0.00
Months
360
Gas Price: 0.00 $/MCF
Esc% 0.0
Esc$ 0.00
Months
360
Gas Price: 0.00 $/MCF
Esc% 0.0
Esc$ 0.00
Months
360
Op Exp $/W/M:
0 Esc
0.0 % For
30.00 Years
Esc
0.0 %
For
0.00 Years
Op Exp $/M:
800 Esc
0.0 % For
30.00 Years
Months Delay 0
Op Exp $/BBL:
5.00 Esc
0.0 % For
30.00 Years
Op Exp $/MCF:
0.00 Esc
0.0 % For
30.00 Years
Op Exp $/B Wat:
0.00 Esc
0.0 % For
30.00 Years
Mgmt Fee $/M:
0 Esc
0.0 % % NLP 0.00
WI%
NRI% O
NRI% G
Mths
AMT
10.0000
7.5000
7.5000
480
0.00
100.0000
0.0000
0.0000
0
0.00
Investments - Gross Lease Hold M$ 0.000
Net Salvage M$ 0.000
Escalation:
0.0 %
For
30.00 Years
Date
Tang M$
Intan M$
Risk %
Fed Tax Data
Rate %
34.00
Depr.
Decl. Bal
Depr.Life
7
Oil Units
Prod Start Date
GOR
No.Wells
Start ID
Monthly
1/ 2011
0.0
1
Type
N
Initial
Final
Decline
Time
Cum
Comments
HYP
1.0
325.6
31.5
23.725
408
33.272
0.0
0.0
0.0
0.000
0
0.000
0.0
0.0
0.0
0.000
0
0.000
Gas Units
Prod Start Date
YLD
No.Wells
Start ID
Plant Yld B/MM
Monthly
0.0
0
0.00
Type
N
Initial
Final
Decline
Time
Cum
0.0
0.0
0.0
0.000
0
0.000
0.0
0.0
0.0
0.000
0
0.000
0.0
0.0
0.0
0.000
0
0.000
Page 5
KINDER MORGAN TEXAS PIPELINE, LP
Brenham PJ 10% WI PDP_2014
DATE: 03-22-2015
TEPPCO CRUDE OIL, L.P.
As of 1 / 2015
TIME: 13:48:21
DB: BOMCO_3-2-2015.MDB
ID: TXO03 013450
Date
No.
Gross Oil
Gross Gas
Net Oil
Net Gas
Oil
Gas
Wells
(Mbbl)
(MMcf)
(Mbbl)
(MMcf)
Price Price Oil Net.Rev Gas Net.Rev
Other
$/Bbl $/Mcf
(M$)
(M$)
Net.Rev
Total
(M$)
Net.Rev (M$)
12/2015
1.0
1.752
0.000
0.131
0.000 94.99
0.00
12.483
0.000
0.0
12.483
12/2016
1.0
1.560
0.000
0.117
0.000 94.99
0.00
11.115
0.000
0.0
11.115
12/2017
1.0
1.406
0.000
0.105
0.000 94.99
0.00
10.017
0.000
0.0
10.017
12/2018
1.0
1.280
0.000
0.096
0.000 94.99
0.00
9.117
0.000
0.0
9.117
12/2019
1.0
1.174
0.000
0.088
0.000 94.99
0.00
8.365
0.000
0.0
8.365
12/2020
1.0
1.085
0.000
0.081
0.000 94.99
0.00
7.728
0.000
0.0
7.728
12/2021
1.0
1.008
0.000
0.076
0.000 94.99
0.00
7.181
0.000
0.0
7.181
12/2022
1.0
0.941
0.000
0.071
0.000 94.99
0.00
6.707
0.000
0.0
6.707
12/2023
1.0
0.883
0.000
0.066
0.000 94.99
0.00
6.291
0.000
0.0
6.291
12/2024
1.0
0.831
0.000
0.062
0.000 94.99
0.00
5.924
0.000
0.0
5.924
12/2025
1.0
0.786
0.000
0.059
0.000 94.99
0.00
5.597
0.000
0.0
5.597
12/2026
1.0
0.745
0.000
0.056
0.000 94.99
0.00
5.304
0.000
0.0
5.304
12/2027
1.0
0.708
0.000
0.053
0.000 94.99
0.00
5.041
0.000
0.0
5.041
12/2028
1.0
0.674
0.000
0.051
0.000 94.99
0.00
4.802
0.000
0.0
4.802
12/2029
1.0
0.644
0.000
0.048
0.000 94.99
0.00
4.585
0.000
0.0
4.585
12/2030
1.0
0.616
0.000
0.046
0.000 94.99
0.00
4.387
0.000
0.0
4.387
12/2031
1.0
0.590
0.000
0.044
0.000 94.99
0.00
4.205
0.000
0.0
4.205
12/2032
1.0
0.567
0.000
0.043
0.000 94.99
0.00
4.037
0.000
0.0
4.037
Rem.
5.469
0.000
0.410
0.000 94.99
0.00
38.959
0.000
0.0
38.959
Total
22.717
0.000
1.704
0.000 94.99
0.00
161.845
0.000
0.0
161.845
AdValorem Operating
Total
Operational
Cumulative
10.0 Cum
& Prod Tax Expenses
Expenses
Cash Flow
Tangible Intangible Leasehld
Cash Flow
Cash Flow
Disc. C.F.
Date
(M$)
(M$)
(M$)
(M$)
(M$)
(M$)
(M$)
(M$)
(M$)
(M$)
12/2015
0.931
1.836
2.768
9.715
0.00
0.00
0.00
9.715
9.715
9.240
12/2016
0.829
1.740
2.569
8.545
0.00
0.00
0.00
8.545
18.260
16.627
12/2017
0.747
1.663
2.411
7.607
0.00
0.00
0.00
7.607
25.867
22.605
12/2018
0.680
1.600
2.280
6.837
0.00
0.00
0.00
6.837
32.704
27.489
12/2019
0.624
1.547
2.171
6.194
0.00
0.00
0.00
6.194
38.898
31.511
12/2020
0.577
1.502
2.079
5.649
0.00
0.00
0.00
5.649
44.548
34.846
12/2021
0.536
1.464
2.000
5.181
0.00
0.00
0.00
5.181
49.729
37.627
12/2022
0.500
1.431
1.931
4.775
0.00
0.00
0.00
4.775
54.505
39.956
12/2023
0.469
1.402
1.871
4.420
0.00
0.00
0.00
4.420
58.924
41.916
12/2024
0.442
1.376
1.818
4.106
0.00
0.00
0.00
4.106
63.030
43.571
12/2025
0.418
1.353
1.770
3.826
0.00
0.00
0.00
3.826
66.857
44.974
12/2026
0.396
1.332
1.728
3.576
0.00
0.00
0.00
3.576
70.433
46.165
12/2027
0.376
1.314
1.690
3.351
0.00
0.00
0.00
3.351
73.783
47.180
12/2028
0.358
1.297
1.655
3.147
0.00
0.00
0.00
3.147
76.930
48.046
12/2029
0.342
1.282
1.624
2.961
0.00
0.00
0.00
2.961
79.891
48.787
12/2030
0.327
1.268
1.595
2.791
0.00
0.00
0.00
2.791
82.683
49.423
12/2031
0.314
1.255
1.569
2.636
0.00
0.00
0.00
2.636
85.319
49.968
12/2032
0.301
1.243
1.545
2.493
0.00
0.00
0.00
2.493
87.811
50.437
Rem.
2.907
14.254
17.161
21.798
0.00
0.00
0.00
21.798
21.798
2.455
Total
12.077
40.159
52.236
109.609
0.00
0.00
0.00
109.609
109.609
52.892
Profitability Indicators
Interests
(%)
Reversion
Oil
Gas
Present Worth Profile
Points(Yrs)
MBBLS
MMCF
(%)
(M$)
Payout (Yrs)
0.00
Initial W.I.
10.0000
Prior
157.0
2.4
5.0
71.531
Discounted Payout (Yrs)
0.00
Final W.I.
10.0000
Proj.
22.7
0.0
10.0
52.892
DCF Rate of Return (%)
100.00
Initial NRI Oil
7.5000
Ult.
179.7
2.4
15.0
42.272
Income/Investment
0.00
Final NRI Oil
7.5000
20.0
35.494
Disc Income/Disc Inv.
0.00
Initial NRI Gas
7.5000
25.0
30.797
Project Life (Yrs)
30.00
Final NRI Gas
7.5000
30.0
27.345
40.0
22.592
SETTEGAST, L. J.
HARRIS
50.0
19.458
5
TX
60.0
17.225
PIERCE JUNCTION
BOMCO USA, INC.
80.0
14.239
100.0
12.321
Page 6
Brenham PJ 10% WI PDP_2014
DATE: 03-22-2015
* D a t a R e p o r t *
TIME: 13:48:21
DB: BOMCO_3-2-2015.MDB
ID: TXO03 011337
Lease ID:
011337
Major Phase: OIL
API #: 4220104741
Status:
PDP
Lease Name:
SETTEGAST, M.
Well Name:
3
Field Name:
PIERCE JUNCTION
Formation Name:
Operator:
BOMCO USA, INC.
Title 1:
KINDER MORGAN TEXAS PIPELINE, LP
Title 2:
TEPPCO CRUDE OIL, L.P.
Export Code 1:
Export Code 2:
Export Code 3:
County:
HARRIS
ST: TX
Project Start Date: 1/2015
Ending Month:
12
Disc. Rate %
10
Reserves Factor: 100
Cash Flow Factor: 100
Gas Shrink%
0
Gas Shrink (MCF/M)
0
Oil Prod Tax
Gas Prod Tax
Plant Prod Tax
Ad Valorem Tax
Initial %
4.6
7.5
.0
3.0
Months
360
360
360
Final %
.0
.0
.0
$/BBL or $/MCF
.00
.00
.00
Initial Oil Price Adj.:
0.00 $/BBL
Max Price: 120.00 $/BBL Plant Price:
.00 % Oil Price
Oil Price:
94.99 $/BBL
Esc% 0.0
Esc$ 0.00
Months
360
Oil Price:
0.00 $/BBL
Esc% 0.0
Esc$ 0.00
Months
360
Oil Price:
0.00 $/BBL
Esc% 0.0
Esc$ 0.00
Months
360
Initial Gas Price Adj.:
0.00 $/MCF
Max Price: 12.00 $/MCF BTU
1000
Gas Price: 0.00 $/MCF
Esc% 0.0
Esc$ 0.00
Months
360
Gas Price: 0.00 $/MCF
Esc% 0.0
Esc$ 0.00
Months
360
Gas Price: 0.00 $/MCF
Esc% 0.0
Esc$ 0.00
Months
360
Op Exp $/W/M:
0 Esc
0.0 % For
30.00 Years
Esc
0.0 %
For
0.00 Years
Op Exp $/M:
800 Esc
0.0 % For
30.00 Years
Months Delay 0
Op Exp $/BBL:
5.00 Esc
0.0 % For
30.00 Years
Op Exp $/MCF:
0.00 Esc
0.0 % For
30.00 Years
Op Exp $/B Wat:
0.00 Esc
0.0 % For
30.00 Years
Mgmt Fee $/M:
0 Esc
0.0 % % NLP 0.00
WI%
NRI% O
NRI% G
Mths
AMT
10.0000
7.5000
7.5000
480
0.00
100.0000
0.0000
0.0000
0
0.00
Investments - Gross Lease Hold M$ 0.000
Net Salvage M$ 0.000
Escalation:
0.0 %
For
30.00 Years
Date
Tang M$
Intan M$
Risk %
Fed Tax Data
Rate %
34.00
Depr.
Decl. Bal
Depr.Life
7
Oil Units
Prod Start Date
GOR
No.Wells
Start ID
Monthly
11/ 2009
0.0
1
Type
N
Initial
Final
Decline
Time
Cum
Comments
HYP
1.0
196.8
27.0
17.120
398
24.752
0.0
0.0
0.0
0.000
0
0.000
0.0
0.0
0.0
0.000
0
0.000
Gas Units
Prod Start Date
YLD
No.Wells
Start ID
Plant Yld B/MM
Monthly
0.0
0
0.00
Type
N
Initial
Final
Decline
Time
Cum
0.0
0.0
0.0
0.000
0
0.000
0.0
0.0
0.0
0.000
0
0.000
0.0
0.0
0.0
0.000
0
0.000
Page 7
KINDER MORGAN TEXAS PIPELINE, LP
Brenham PJ 10% WI PDP_2014
DATE: 03-22-2015
TEPPCO CRUDE OIL, L.P.
As of 1 / 2015
TIME: 13:48:22
DB: BOMCO_3-2-2015.MDB
ID: TXO03 011337
Date
No.
Gross Oil
Gross Gas
Net Oil
Net Gas
Oil
Gas
Wells
(Mbbl)
(MMcf)
(Mbbl)
(MMcf)
Price Price Oil Net.Rev Gas Net.Rev
Other
$/Bbl $/Mcf
(M$)
(M$)
Net.Rev
Total
(M$)
Net.Rev (M$)
12/2015
1.0
1.140
0.000
0.085
0.000 94.99
0.00
8.121
0.000
0.0
8.121
12/2016
1.0
1.044
0.000
0.078
0.000 94.99
0.00
7.440
0.000
0.0
7.440
12/2017
1.0
0.964
0.000
0.072
0.000 94.99
0.00
6.865
0.000
0.0
6.865
12/2018
1.0
0.894
0.000
0.067
0.000 94.99
0.00
6.372
0.000
0.0
6.372
12/2019
1.0
0.835
0.000
0.063
0.000 94.99
0.00
5.945
0.000
0.0
5.945
12/2020
1.0
0.782
0.000
0.059
0.000 94.99
0.00
5.572
0.000
0.0
5.572
12/2021
1.0
0.736
0.000
0.055
0.000 94.99
0.00
5.243
0.000
0.0
5.243
12/2022
1.0
0.695
0.000
0.052
0.000 94.99
0.00
4.950
0.000
0.0
4.950
12/2023
1.0
0.658
0.000
0.049
0.000 94.99
0.00
4.689
0.000
0.0
4.689
12/2024
1.0
0.625
0.000
0.047
0.000 94.99
0.00
4.454
0.000
0.0
4.454
12/2025
1.0
0.595
0.000
0.045
0.000 94.99
0.00
4.241
0.000
0.0
4.241
12/2026
1.0
0.568
0.000
0.043
0.000 94.99
0.00
4.047
0.000
0.0
4.047
12/2027
1.0
0.543
0.000
0.041
0.000 94.99
0.00
3.871
0.000
0.0
3.871
12/2028
1.0
0.521
0.000
0.039
0.000 94.99
0.00
3.709
0.000
0.0
3.709
12/2029
1.0
0.500
0.000
0.037
0.000 94.99
0.00
3.560
0.000
0.0
3.560
12/2030
1.0
0.480
0.000
0.036
0.000 94.99
0.00
3.423
0.000
0.0
3.423
12/2031
1.0
0.463
0.000
0.035
0.000 94.99
0.00
3.296
0.000
0.0
3.296
12/2032
1.0
0.446
0.000
0.033
0.000 94.99
0.00
3.178
0.000
0.0
3.178
Rem.
3.754
0.000
0.282
0.000 94.99
0.00
26.747
0.000
0.0
26.747
Total
16.243
0.000
1.218
0.000 94.99
0.00
115.723
0.000
0.0
115.723
AdValorem Operating
Total
Operational
Cumulative
10.0 Cum
& Prod Tax Expenses
Expenses
Cash Flow
Tangible Intangible Leasehld
Cash Flow
Cash Flow
Disc. C.F.
Date
(M$)
(M$)
(M$)
(M$)
(M$)
(M$)
(M$)
(M$)
(M$)
(M$)
12/2015
0.606
1.530
2.136
5.985
0.00
0.00
0.00
5.985
5.985
5.691
12/2016
0.555
1.482
2.037
5.403
0.00
0.00
0.00
5.403
11.388
10.361
12/2017
0.512
1.442
1.954
4.911
0.00
0.00
0.00
4.911
16.299
14.219
12/2018
0.475
1.407
1.883
4.489
0.00
0.00
0.00
4.489
20.788
17.426
12/2019
0.444
1.377
1.821
4.124
0.00
0.00
0.00
4.124
24.912
20.104
12/2020
0.416
1.351
1.767
3.805
0.00
0.00
0.00
3.805
28.718
22.350
12/2021
0.391
1.328
1.719
3.524
0.00
0.00
0.00
3.524
32.241
24.241
12/2022
0.369
1.307
1.677
3.274
0.00
0.00
0.00
3.274
35.515
25.838
12/2023
0.350
1.289
1.639
3.050
0.00
0.00
0.00
3.050
38.565
27.190
12/2024
0.332
1.273
1.605
2.849
0.00
0.00
0.00
2.849
41.414
28.338
12/2025
0.316
1.258
1.574
2.667
0.00
0.00
0.00
2.667
44.080
29.316
12/2026
0.302
1.244
1.546
2.501
0.00
0.00
0.00
2.501
46.582
30.149
12/2027
0.289
1.232
1.521
2.350
0.00
0.00
0.00
2.350
48.932
30.861
12/2028
0.277
1.220
1.497
2.212
0.00
0.00
0.00
2.212
51.144
31.470
12/2029
0.266
1.210
1.476
2.085
0.00
0.00
0.00
2.085
53.229
31.992
12/2030
0.255
1.200
1.456
1.967
0.00
0.00
0.00
1.967
55.196
32.439
12/2031
0.246
1.191
1.437
1.859
0.00
0.00
0.00
1.859
57.055
32.824
12/2032
0.237
1.183
1.420
1.758
0.00
0.00
0.00
1.758
58.812
33.154
Rem.
1.996
11.477
13.473
13.274
0.00
0.00
0.00
13.274
13.274
1.596
Total
8.635
35.002
43.637
72.086
0.00
0.00
0.00
72.086
72.086
34.750
Profitability Indicators
Interests
(%)
Reversion
Oil
Gas
Present Worth Profile
Points(Yrs)
MBBLS
MMCF
(%)
(M$)
Payout (Yrs)
0.00
Initial W.I.
10.0000
Prior
78.9
6.6
5.0
47.214
Discounted Payout (Yrs)
0.00
Final W.I.
10.0000
Proj.
16.2
0.0
10.0
34.750
DCF Rate of Return (%)
100.00
Initial NRI Oil
7.5000
Ult.
95.2
6.6
15.0
27.592
Income/Investment
0.00
Final NRI Oil
7.5000
20.0
23.025
Disc Income/Disc Inv.
0.00
Initial NRI Gas
7.5000
25.0
19.873
Project Life (Yrs)
28.00
Final NRI Gas
7.5000
30.0
17.568
40.0
14.415
SETTEGAST, M.
HARRIS
50.0
12.353
3
TX
60.0
10.894
PIERCE JUNCTION
BOMCO USA, INC.
80.0
8.956
100.0
7.720
Page 8
Brenham PJ 10% WI PDP_2014
DATE: 03-22-2015
As of 1 / 2015
TIME: 13:48:22
* S u m m a r y *
DB: BOMCO_3-2-2015.MDB
Sum Name: SUMFILE
Date
No.
Gross Oil
Gross Gas
Net Oil
Net Gas
Oil
Gas
Wells
(Mbbl)
(MMcf)
(Mbbl)
(MMcf)
Price Price Oil Net.Rev Gas Net.Rev
Other
$/Bbl $/Mcf
(M$)
(M$)
Net.Rev
Total
(M$)
Net.Rev (M$)
12/2015
4.0
6.792
0.000
0.509
0.000 94.99
0.00
48.384
0.000
0.0
48.384
12/2016
4.0
6.361
0.000
0.477
0.000 94.99
0.00
45.317
0.000
0.0
45.317
12/2017
4.0
5.993
0.000
0.449
0.000 94.99
0.00
42.697
0.000
0.0
42.697
12/2018
4.0
5.674
0.000
0.426
0.000 94.99
0.00
40.422
0.000
0.0
40.422
12/2019
4.0
5.393
0.000
0.404
0.000 94.99
0.00
38.419
0.000
0.0
38.419
12/2020
4.0
5.143
0.000
0.386
0.000 94.99
0.00
36.637
0.000
0.0
36.637
12/2021
4.0
4.918
0.000
0.369
0.000 94.99
0.00
35.036
0.000
0.0
35.036
12/2022
4.0
4.715
0.000
0.354
0.000 94.99
0.00
33.588
0.000
0.0
33.588
12/2023
4.0
4.530
0.000
0.340
0.000 94.99
0.00
32.269
0.000
0.0
32.269
12/2024
4.0
4.360
0.000
0.327
0.000 94.99
0.00
31.062
0.000
0.0
31.062
12/2025
4.0
4.204
0.000
0.315
0.000 94.99
0.00
29.950
0.000
0.0
29.950
12/2026
4.0
4.060
0.000
0.304
0.000 94.99
0.00
28.923
0.000
0.0
28.923
12/2027
4.0
3.926
0.000
0.294
0.000 94.99
0.00
27.970
0.000
0.0
27.970
12/2028
4.0
3.801
0.000
0.285
0.000 94.99
0.00
27.083
0.000
0.0
27.083
12/2029
4.0
3.685
0.000
0.276
0.000 94.99
0.00
26.254
0.000
0.0
26.254
12/2030
4.0
3.576
0.000
0.268
0.000 94.99
0.00
25.478
0.000
0.0
25.478
12/2031
4.0
3.474
0.000
0.261
0.000 94.99
0.00
24.749
0.000
0.0
24.749
12/2032
4.0
3.378
0.000
0.253
0.000 94.99
0.00
24.064
0.000
0.0
24.064
Rem.
35.118
0.000
2.634
0.000 94.99
0.00
250.190
0.000
0.0
250.190
Total
119.099
0.000
8.932
0.000 94.99
0.00
848.494
0.000
0.0
848.494
AdValorem Operating
Total
Operational
Cumulative
10.0 Cum
& Prod Tax Expenses
Expenses
Cash Flow
Tangible Intangible Leasehld
Cash Flow
Cash Flow
Disc. C.F.
Date
(M$)
(M$)
(M$)
(M$)
(M$)
(M$)
(M$)
(M$)
(M$)
(M$)
12/2015
3.610
7.236
10.846
37.538
0.00
0.00
0.00
37.538
37.538
35.684
12/2016
3.382
7.020
10.402
34.915
0.00
0.00
0.00
34.915
72.453
65.856
12/2017
3.186
6.837
10.023
32.675
0.00
0.00
0.00
32.675
105.128
91.524
12/2018
3.016
6.677
9.693
30.729
0.00
0.00
0.00
30.729
135.857
113.468
12/2019
2.867
6.536
9.403
29.016
0.00
0.00
0.00
29.016
164.873
132.304
12/2020
2.734
6.411
9.145
27.492
0.00
0.00
0.00
27.492
192.364
148.528
12/2021
2.614
6.299
8.913
26.123
0.00
0.00
0.00
26.123
218.487
162.542
12/2022
2.506
6.197
8.704
24.884
0.00
0.00
0.00
24.884
243.372
174.679
12/2023
2.408
6.105
8.513
23.757
0.00
0.00
0.00
23.757
267.128
185.211
12/2024
2.318
6.020
8.338
22.724
0.00
0.00
0.00
22.724
289.852
194.370
12/2025
2.235
5.942
8.177
21.773
0.00
0.00
0.00
21.773
311.626
202.348
12/2026
2.158
5.870
8.028
20.895
0.00
0.00
0.00
20.895
332.521
209.308
12/2027
2.087
5.803
7.890
20.080
0.00
0.00
0.00
20.080
352.601
215.388
12/2028
2.021
5.741
7.762
19.321
0.00
0.00
0.00
19.321
371.922
220.707
12/2029
1.959
5.683
7.642
18.612
0.00
0.00
0.00
18.612
390.534
225.365
12/2030
1.901
5.628
7.529
17.949
0.00
0.00
0.00
17.949
408.483
229.448
12/2031
1.847
5.577
7.424
17.326
0.00
0.00
0.00
17.326
425.809
233.031
12/2032
1.796
5.529
7.325
16.739
0.00
0.00
0.00
16.739
442.548
236.178
Rem.
18.669
59.799
78.468
171.721
0.00
0.00
0.00
171.721
171.721
18.472
Total
63.315
170.910
234.224
614.269
0.00
0.00
0.00
614.269
614.269
254.650
Oil
Gas
Present Worth Profile
Profitability Indicators
MBBLS
MMCF
(%)
(M$)
Payout (Yrs)
0.00
Prior
487.2
10.1
5.0
366.330
Discounted Payout (Yrs)
0.00
Proj.
119.1
0.0
10.0
254.650
DCF Rate of Return (%)
100.00
Ult.
606.3
10.1
15.0
195.229
Income/Investment
0.00
20.0
159.265
Disc Income/Disc Inv.
0.00
25.0
135.340
30.0
118.295
40.0
95.590
50.0
81.103
60.0
71.020
80.0
57.847
100.0
49.571
Page 9
Brenham PJ 10% WI PDP_2014
DATE: 03-22-2015
As of 1 / 2015
TIME: 13:48:22
* O n e L i n e S u m m a r y *
DB: BOMCO_3-2-2015.MDB
Sum Name: SUMFILE
Lease - Well / ID
Gross Oil
Gross Gas
Net Oil
Net Gas
Tot. Rev.
Tot. Exp.
Tot. Capital Cash Flow
Disc Cash
(MBbl)
(MMcf)
(MBbl)
(MMcf)
(M$)
(M$)
(M$)
(M$)
Flow (M$)
SETTEGAST, J. J. -B- - 22
TXO03 003359
65.1
0.0
4.9
0.0
463.9
94.1
0.0
369.8
149.3
SETTEGAST, L. J. - 5
TXO03 013450
22.7
0.0
1.7
0.0
161.8
52.2
0.0
109.6
52.9
SETTEGAST, M. - 3
TXO03 011337
16.2
0.0
1.2
0.0
115.7
43.6
0.0
72.1
34.8
RIO BRAVO FEE - 1B
TXO03 003357
15.0
0.0
1.1
0.0
107.0
44.3
0.0
62.7
17.7
Total
119.1
0.0
8.9
0.0
848.5
234.2
0.0
614.3
254.7
Page 10
Brenham PJ 10% WI POSS_2014
DATE: 03-22-2015
* D a t a R e p o r t *
TIME: 13:52:08
DB: BOMCO_3-2-2015.MDB
ID: TXO03 003367
Lease ID:
003367
Major Phase: OIL
API #: 4220104843
Status:
POSS
Lease Name:
O.W.FORDYCE
Well Name:
5
Field Name:
PIERCE JUNCTION
Formation Name:
Operator:
BOMCO USA, INC.
Title 1:
KINDER MORGAN TEXAS PIPELINE, LP
Title 2:
FLINT HILLS RESOURCES, LP
Export Code 1:
Export Code 2:
Export Code 3:
County:
HARRIS
ST: TX
Project Start Date: 1/2015
Ending Month:
12
Disc. Rate %
10
Reserves Factor: 25
Cash Flow Factor: 100
Gas Shrink%
0
Gas Shrink (MCF/M)
0
Oil Prod Tax
Gas Prod Tax
Plant Prod Tax
Ad Valorem Tax
Initial %
4.6
7.5
.0
3.0
Months
360
360
360
Final %
.0
.0
.0
$/BBL or $/MCF
.00
.00
.00
Initial Oil Price Adj.:
0.00 $/BBL
Max Price: 120.00 $/BBL Plant Price:
.00 % Oil Price
Oil Price:
94.99 $/BBL
Esc% 0.0
Esc$ 0.00
Months
360
Oil Price:
0.00 $/BBL
Esc% 0.0
Esc$ 0.00
Months
360
Oil Price:
0.00 $/BBL
Esc% 0.0
Esc$ 0.00
Months
360
Initial Gas Price Adj.:
0.00 $/MCF
Max Price: 12.00 $/MCF BTU
1000
Gas Price: 0.00 $/MCF
Esc% 0.0
Esc$ 0.00
Months
360
Gas Price: 0.00 $/MCF
Esc% 0.0
Esc$ 0.00
Months
360
Gas Price: 0.00 $/MCF
Esc% 0.0
Esc$ 0.00
Months
360
Op Exp $/W/M:
0 Esc
0.0 % For
30.00 Years
Esc
0.0 %
For
0.00 Years
Op Exp $/M:
800 Esc
0.0 % For
30.00 Years
Months Delay 0
Op Exp $/BBL:
5.00 Esc
0.0 % For
30.00 Years
Op Exp $/MCF:
0.00 Esc
0.0 % For
30.00 Years
Op Exp $/B Wat:
0.00 Esc
0.0 % For
30.00 Years
Mgmt Fee $/M:
0 Esc
0.0 % % NLP 0.00
WI%
NRI% O
NRI% G
Mths
AMT
10.0000
7.5000
7.5000
480
0.00
100.0000
0.0000
0.0000
0
0.00
Investments - Gross Lease Hold M$ 0.000
Net Salvage M$ 0.000
Escalation:
0.0 %
For
30.00 Years
Date
Tang M$
Intan M$
Risk %
Fed Tax Data
Rate %
34.00
Depr.
Decl. Bal
Depr.Life
7
Oil Units
Prod Start Date
GOR
No.Wells
Start ID
Monthly
7/ 2012
0.0
1
Type
N
Initial
Final
Decline
Time
Cum
Comments
HYP
1.0
933.3
408.3
2.690
565
339.059
0.0
0.0
0.0
0.000
0
0.000
0.0
0.0
0.0
0.000
0
0.000
Gas Units
Prod Start Date
YLD
No.Wells
Start ID
Plant Yld B/MM
Monthly
0.0
0
0.00
Type
N
Initial
Final
Decline
Time
Cum
0.0
0.0
0.0
0.000
0
0.000
0.0
0.0
0.0
0.000
0
0.000
0.0
0.0
0.0
0.000
0
0.000
Page 1
KINDER MORGAN TEXAS PIPELINE, LP
Brenham PJ 10% WI POSS_2014
DATE: 03-22-2015
FLINT HILLS RESOURCES, LP
As of 1 / 2015
TIME: 13:52:08
DB: BOMCO_3-2-2015.MDB
ID: TXO03 003367
Date
No.
Gross Oil
Gross Gas
Net Oil
Net Gas
Oil
Gas
Wells
(Mbbl)
(MMcf)
(Mbbl)
(MMcf)
Price Price Oil Net.Rev Gas Net.Rev
Other
$/Bbl $/Mcf
(M$)
(M$)
Net.Rev
Total
(M$)
Net.Rev (M$)
12/2015
1.0
2.588
0.000
0.194
0.000 94.99
0.00
18.439
0.000
0.0
18.439
12/2016
1.0
2.524
0.000
0.189
0.000 94.99
0.00
17.985
0.000
0.0
17.985
12/2017
1.0
2.464
0.000
0.185
0.000 94.99
0.00
17.553
0.000
0.0
17.553
12/2018
1.0
2.406
0.000
0.180
0.000 94.99
0.00
17.141
0.000
0.0
17.141
12/2019
1.0
2.351
0.000
0.176
0.000 94.99
0.00
16.748
0.000
0.0
16.748
12/2020
1.0
2.298
0.000
0.172
0.000 94.99
0.00
16.373
0.000
0.0
16.373
12/2021
1.0
2.248
0.000
0.169
0.000 94.99
0.00
16.014
0.000
0.0
16.014
12/2022
1.0
2.200
0.000
0.165
0.000 94.99
0.00
15.670
0.000
0.0
15.670
12/2023
1.0
2.153
0.000
0.162
0.000 94.99
0.00
15.341
0.000
0.0
15.341
12/2024
1.0
2.109
0.000
0.158
0.000 94.99
0.00
15.026
0.000
0.0
15.026
12/2025
1.0
2.067
0.000
0.155
0.000 94.99
0.00
14.723
0.000
0.0
14.723
12/2026
1.0
2.026
0.000
0.152
0.000 94.99
0.00
14.432
0.000
0.0
14.432
12/2027
1.0
1.986
0.000
0.149
0.000 94.99
0.00
14.152
0.000
0.0
14.152
12/2028
1.0
1.949
0.000
0.146
0.000 94.99
0.00
13.883
0.000
0.0
13.883
12/2029
1.0
1.912
0.000
0.143
0.000 94.99
0.00
13.624
0.000
0.0
13.624
12/2030
1.0
1.877
0.000
0.141
0.000 94.99
0.00
13.375
0.000
0.0
13.375
12/2031
1.0
1.844
0.000
0.138
0.000 94.99
0.00
13.134
0.000
0.0
13.134
12/2032
1.0
1.811
0.000
0.136
0.000 94.99
0.00
12.902
0.000
0.0
12.902
Rem.
39.180
0.000
2.939
0.000 94.99
0.00
279.130
0.000
0.0
279.130
Total
77.993
0.000
5.849
0.000 94.99
0.00
555.644
0.000
0.0
555.644
AdValorem Operating
Total
Operational
Cumulative
10.0 Cum
& Prod Tax Expenses
Expenses
Cash Flow
Tangible Intangible Leasehld
Cash Flow
Cash Flow
Disc. C.F.
Date
(M$)
(M$)
(M$)
(M$)
(M$)
(M$)
(M$)
(M$)
(M$)
(M$)
12/2015
1.376
2.254
3.630
14.809
0.00
0.00
0.00
14.809
14.809
14.072
12/2016
1.342
2.222
3.564
14.421
0.00
0.00
0.00
14.421
29.229
26.529
12/2017
1.310
2.192
3.502
14.051
0.00
0.00
0.00
14.051
43.280
37.564
12/2018
1.279
2.163
3.442
13.699
0.00
0.00
0.00
13.699
56.979
47.344
12/2019
1.250
2.135
3.385
13.363
0.00
0.00
0.00
13.363
70.342
56.016
12/2020
1.222
2.109
3.331
13.042
0.00
0.00
0.00
13.042
83.384
63.711
12/2021
1.195
2.084
3.279
12.735
0.00
0.00
0.00
12.735
96.119
70.542
12/2022
1.169
2.060
3.229
12.441
0.00
0.00
0.00
12.441
108.560
76.608
12/2023
1.145
2.037
3.181
12.160
0.00
0.00
0.00
12.160
120.720
81.998
12/2024
1.121
2.015
3.136
11.890
0.00
0.00
0.00
11.890
132.609
86.790
12/2025
1.099
1.993
3.092
11.631
0.00
0.00
0.00
11.631
144.240
91.051
12/2026
1.077
1.973
3.050
11.382
0.00
0.00
0.00
11.382
155.622
94.841
12/2027
1.056
1.953
3.009
11.143
0.00
0.00
0.00
11.143
166.765
98.215
12/2028
1.036
1.934
2.970
10.913
0.00
0.00
0.00
10.913
177.678
101.219
12/2029
1.017
1.916
2.933
10.691
0.00
0.00
0.00
10.691
188.370
103.894
12/2030
0.998
1.899
2.897
10.478
0.00
0.00
0.00
10.478
198.848
106.277
12/2031
0.980
1.882
2.862
10.272
0.00
0.00
0.00
10.272
209.120
108.401
12/2032
0.963
1.866
2.828
10.074
0.00
0.00
0.00
10.074
219.194
110.295
Rem.
20.829
31.110
51.939
227.191
0.00
0.00
0.00
227.191
227.191
18.565
Total
41.462
67.797
109.259
446.385
0.00
0.00
0.00
446.385
446.385
128.860
Profitability Indicators
Interests
(%)
Reversion
Oil
Gas
Present Worth Profile
Points(Yrs)
MBBLS
MMCF
(%)
(M$)
Payout (Yrs)
0.00
Initial W.I.
10.0000
Prior
1,435.1
99.0
5.0
211.707
Discounted Payout (Yrs)
0.00
Final W.I.
10.0000
Proj.
78.0
0.0
10.0
128.860
DCF Rate of Return (%)
100.00
Initial NRI Oil
7.5000
Ult.
1,513.1
99.0
15.0
92.107
Income/Investment
0.00
Final NRI Oil
7.5000
20.0
72.315
Disc Income/Disc Inv.
0.00
Initial NRI Gas
7.5000
25.0
60.037
Project Life (Yrs)
30.00
Final NRI Gas
7.5000
30.0
51.653
40.0
40.879
O.W.FORDYCE
HARRIS
50.0
34.216
5
TX
60.0
29.672
PIERCE JUNCTION
BOMCO USA, INC.
80.0
23.851
100.0
20.264
Page 2
Brenham PJ 10% WI POSS_2014
DATE: 03-22-2015
As of 1 / 2015
TIME: 13:52:08
* S u m m a r y *
DB: BOMCO_3-2-2015.MDB
Sum Name: SUMFILE
Date
No.
Gross Oil
Gross Gas
Net Oil
Net Gas
Oil
Gas
Wells
(Mbbl)
(MMcf)
(Mbbl)
(MMcf)
Price Price Oil Net.Rev Gas Net.Rev
Other
$/Bbl $/Mcf
(M$)
(M$)
Net.Rev
Total
(M$)
Net.Rev (M$)
12/2015
1.0
2.588
0.000
0.194
0.000 94.99
0.00
18.439
0.000
0.0
18.439
12/2016
1.0
2.524
0.000
0.189
0.000 94.99
0.00
17.985
0.000
0.0
17.985
12/2017
1.0
2.464
0.000
0.185
0.000 94.99
0.00
17.553
0.000
0.0
17.553
12/2018
1.0
2.406
0.000
0.180
0.000 94.99
0.00
17.141
0.000
0.0
17.141
12/2019
1.0
2.351
0.000
0.176
0.000 94.99
0.00
16.748
0.000
0.0
16.748
12/2020
1.0
2.298
0.000
0.172
0.000 94.99
0.00
16.373
0.000
0.0
16.373
12/2021
1.0
2.248
0.000
0.169
0.000 94.99
0.00
16.014
0.000
0.0
16.014
12/2022
1.0
2.200
0.000
0.165
0.000 94.99
0.00
15.670
0.000
0.0
15.670
12/2023
1.0
2.153
0.000
0.162
0.000 94.99
0.00
15.341
0.000
0.0
15.341
12/2024
1.0
2.109
0.000
0.158
0.000 94.99
0.00
15.026
0.000
0.0
15.026
12/2025
1.0
2.067
0.000
0.155
0.000 94.99
0.00
14.723
0.000
0.0
14.723
12/2026
1.0
2.026
0.000
0.152
0.000 94.99
0.00
14.432
0.000
0.0
14.432
12/2027
1.0
1.986
0.000
0.149
0.000 94.99
0.00
14.152
0.000
0.0
14.152
12/2028
1.0
1.949
0.000
0.146
0.000 94.99
0.00
13.883
0.000
0.0
13.883
12/2029
1.0
1.912
0.000
0.143
0.000 94.99
0.00
13.624
0.000
0.0
13.624
12/2030
1.0
1.877
0.000
0.141
0.000 94.99
0.00
13.375
0.000
0.0
13.375
12/2031
1.0
1.844
0.000
0.138
0.000 94.99
0.00
13.134
0.000
0.0
13.134
12/2032
1.0
1.811
0.000
0.136
0.000 94.99
0.00
12.902
0.000
0.0
12.902
Rem.
39.180
0.000
2.939
0.000 94.99
0.00
279.130
0.000
0.0
279.130
Total
77.993
0.000
5.849
0.000 94.99
0.00
555.644
0.000
0.0
555.644
AdValorem Operating
Total
Operational
Cumulative
10.0 Cum
& Prod Tax Expenses
Expenses
Cash Flow
Tangible Intangible Leasehld
Cash Flow
Cash Flow
Disc. C.F.
Date
(M$)
(M$)
(M$)
(M$)
(M$)
(M$)
(M$)
(M$)
(M$)
(M$)
12/2015
1.376
2.254
3.630
14.809
0.00
0.00
0.00
14.809
14.809
14.072
12/2016
1.342
2.222
3.564
14.421
0.00
0.00
0.00
14.421
29.229
26.529
12/2017
1.310
2.192
3.502
14.051
0.00
0.00
0.00
14.051
43.280
37.564
12/2018
1.279
2.163
3.442
13.699
0.00
0.00
0.00
13.699
56.979
47.344
12/2019
1.250
2.135
3.385
13.363
0.00
0.00
0.00
13.363
70.342
56.016
12/2020
1.222
2.109
3.331
13.042
0.00
0.00
0.00
13.042
83.384
63.711
12/2021
1.195
2.084
3.279
12.735
0.00
0.00
0.00
12.735
96.119
70.542
12/2022
1.169
2.060
3.229
12.441
0.00
0.00
0.00
12.441
108.560
76.608
12/2023
1.145
2.037
3.181
12.160
0.00
0.00
0.00
12.160
120.720
81.998
12/2024
1.121
2.015
3.136
11.890
0.00
0.00
0.00
11.890
132.609
86.790
12/2025
1.099
1.993
3.092
11.631
0.00
0.00
0.00
11.631
144.240
91.051
12/2026
1.077
1.973
3.050
11.382
0.00
0.00
0.00
11.382
155.622
94.841
12/2027
1.056
1.953
3.009
11.143
0.00
0.00
0.00
11.143
166.765
98.215
12/2028
1.036
1.934
2.970
10.913
0.00
0.00
0.00
10.913
177.678
101.219
12/2029
1.017
1.916
2.933
10.691
0.00
0.00
0.00
10.691
188.370
103.894
12/2030
0.998
1.899
2.897
10.478
0.00
0.00
0.00
10.478
198.848
106.277
12/2031
0.980
1.882
2.862
10.272
0.00
0.00
0.00
10.272
209.120
108.401
12/2032
0.963
1.866
2.828
10.074
0.00
0.00
0.00
10.074
219.194
110.295
Rem.
20.829
31.110
51.939
227.191
0.00
0.00
0.00
227.191
227.191
18.565
Total
41.462
67.797
109.259
446.385
0.00
0.00
0.00
446.385
446.385
128.860
Oil
Gas
Present Worth Profile
Profitability Indicators
MBBLS
MMCF
(%)
(M$)
Payout (Yrs)
0.00
Prior
1,435.1
99.0
5.0
211.707
Discounted Payout (Yrs)
0.00
Proj.
78.0
0.0
10.0
128.860
DCF Rate of Return (%)
100.00
Ult.
1,513.1
99.0
15.0
92.107
Income/Investment
0.00
20.0
72.315
Disc Income/Disc Inv.
0.00
25.0
60.037
30.0
51.653
40.0
40.879
50.0
34.216
60.0
29.672
80.0
23.851
100.0
20.264
Page 3
Brenham PJ 10% WI POSS_2014
DATE: 03-22-2015
As of 1 / 2015
TIME: 13:52:08
* O n e L i n e S u m m a r y *
DB: BOMCO_3-2-2015.MDB
Sum Name: SUMFILE
Lease - Well / ID
Gross Oil
Gross Gas
Net Oil
Net Gas
Tot. Rev.
Tot. Exp.
Tot. Capital Cash Flow
Disc Cash
(MBbl)
(MMcf)
(MBbl)
(MMcf)
(M$)
(M$)
(M$)
(M$)
Flow (M$)
O.W.FORDYCE - 5
TXO03 003367
78.0
0.0
5.8
0.0
555.6
109.3
0.0
446.4
128.9
Total
78.0
0.0
5.8
0.0
555.6
109.3
0.0
446.4
128.9
Page 4
Brenham PJ 10% WI PROB_2014
DATE: 03-22-2015
* D a t a R e p o r t *
TIME: 13:51:00
DB: BOMCO_3-2-2015.MDB
ID: TXO03 015950
Lease ID:
015950
Major Phase: OIL
API #: 4220131398
Status:
PROB
Lease Name:
INTERNATIONAL DISPOSAL CORP.
Well Name:
1
Field Name:
PIERCE JUNCTION
Formation Name:
Operator:
BOMCO USA, INC.
Title 1:
KINDER MORGAN TEXAS PIPELINE, LP
Title 2:
TEPPCO CRUDE OIL, L.P.
Export Code 1:
Export Code 2:
Export Code 3:
County:
HARRIS
ST: TX
Project Start Date: 1/2015
Ending Month:
12
Disc. Rate %
10
Reserves Factor: 100
Cash Flow Factor: 100
Gas Shrink%
0
Gas Shrink (MCF/M)
0
Oil Prod Tax
Gas Prod Tax
Plant Prod Tax
Ad Valorem Tax
Initial %
4.6
7.5
.0
3.0
Months
360
360
360
Final %
.0
.0
.0
$/BBL or $/MCF
.00
.00
.00
Initial Oil Price Adj.:
0.00 $/BBL
Max Price: 120.00 $/BBL Plant Price:
.00 % Oil Price
Oil Price:
94.99 $/BBL
Esc% 0.0
Esc$ 0.00
Months
360
Oil Price:
0.00 $/BBL
Esc% 0.0
Esc$ 0.00
Months
360
Oil Price:
0.00 $/BBL
Esc% 0.0
Esc$ 0.00
Months
360
Initial Gas Price Adj.:
0.00 $/MCF
Max Price: 12.00 $/MCF BTU
1000
Gas Price: 0.00 $/MCF
Esc% 0.0
Esc$ 0.00
Months
360
Gas Price: 0.00 $/MCF
Esc% 0.0
Esc$ 0.00
Months
360
Gas Price: 0.00 $/MCF
Esc% 0.0
Esc$ 0.00
Months
360
Op Exp $/W/M:
0 Esc
0.0 % For
30.00 Years
Esc
0.0 %
For
0.00 Years
Op Exp $/M:
800 Esc
0.0 % For
30.00 Years
Months Delay 0
Op Exp $/BBL:
5.00 Esc
0.0 % For
30.00 Years
Op Exp $/MCF:
0.00 Esc
0.0 % For
30.00 Years
Op Exp $/B Wat:
0.00 Esc
0.0 % For
30.00 Years
Mgmt Fee $/M:
0 Esc
0.0 % % NLP 0.00
WI%
NRI% O
NRI% G
Mths
AMT
10.0000
7.5000
7.5000
480
0.00
100.0000
0.0000
0.0000
0
0.00
Investments - Gross Lease Hold M$ 0.000
Net Salvage M$ 0.000
Escalation:
0.0 %
For
30.00 Years
Date
Tang M$
Intan M$
Risk %
Fed Tax Data
Rate %
34.00
Depr.
Decl. Bal
Depr.Life
7
Oil Units
Prod Start Date
GOR
No.Wells
Start ID
Monthly
1/ 2000
0.0
1
Type
N
Initial
Final
Decline
Time
Cum
Comments
HYP
1.0
139.2
67.2
2.780
456
43.136
0.0
0.0
0.0
0.000
0
0.000
0.0
0.0
0.0
0.000
0
0.000
Gas Units
Prod Start Date
YLD
No.Wells
Start ID
Plant Yld B/MM
Monthly
0.0
0
0.00
Type
N
Initial
Final
Decline
Time
Cum
0.0
0.0
0.0
0.000
0
0.000
0.0
0.0
0.0
0.000
0
0.000
0.0
0.0
0.0
0.000
0
0.000
Page 1
KINDER MORGAN TEXAS PIPELINE, LP
Brenham PJ 10% WI PROB_2014
DATE: 03-22-2015
TEPPCO CRUDE OIL, L.P.
As of 1 / 2015
TIME: 13:51:00
DB: BOMCO_3-2-2015.MDB
ID: TXO03 015950
Date
No.
Gross Oil
Gross Gas
Net Oil
Net Gas
Oil
Gas
Wells
(Mbbl)
(MMcf)
(Mbbl)
(MMcf)
Price Price Oil Net.Rev Gas Net.Rev
Other
$/Bbl $/Mcf
(M$)
(M$)
Net.Rev
Total
(M$)
Net.Rev (M$)
12/2015
1.0
1.162
0.000
0.087
0.000 94.99
0.00
8.280
0.000
0.0
8.280
12/2016
1.0
1.140
0.000
0.085
0.000 94.99
0.00
8.121
0.000
0.0
8.121
12/2017
1.0
1.118
0.000
0.084
0.000 94.99
0.00
7.967
0.000
0.0
7.967
12/2018
1.0
1.098
0.000
0.082
0.000 94.99
0.00
7.819
0.000
0.0
7.819
12/2019
1.0
1.078
0.000
0.081
0.000 94.99
0.00
7.677
0.000
0.0
7.677
12/2020
1.0
1.058
0.000
0.079
0.000 94.99
0.00
7.539
0.000
0.0
7.539
12/2021
1.0
1.040
0.000
0.078
0.000 94.99
0.00
7.407
0.000
0.0
7.407
12/2022
1.0
1.022
0.000
0.077
0.000 94.99
0.00
7.279
0.000
0.0
7.279
12/2023
1.0
1.004
0.000
0.075
0.000 94.99
0.00
7.155
0.000
0.0
7.155
12/2024
1.0
0.988
0.000
0.074
0.000 94.99
0.00
7.036
0.000
0.0
7.036
12/2025
1.0
0.971
0.000
0.073
0.000 94.99
0.00
6.920
0.000
0.0
6.920
12/2026
1.0
0.956
0.000
0.072
0.000 94.99
0.00
6.809
0.000
0.0
6.809
12/2027
1.0
0.941
0.000
0.071
0.000 94.99
0.00
6.700
0.000
0.0
6.700
12/2028
1.0
0.926
0.000
0.069
0.000 94.99
0.00
6.596
0.000
0.0
6.596
12/2029
1.0
0.912
0.000
0.068
0.000 94.99
0.00
6.494
0.000
0.0
6.494
12/2030
1.0
0.898
0.000
0.067
0.000 94.99
0.00
6.395
0.000
0.0
6.395
12/2031
1.0
0.884
0.000
0.066
0.000 94.99
0.00
6.300
0.000
0.0
6.300
12/2032
1.0
0.871
0.000
0.065
0.000 94.99
0.00
6.207
0.000
0.0
6.207
Rem.
4.174
0.000
0.313
0.000 94.99
0.00
29.733
0.000
0.0
29.733
Total
22.239
0.000
1.668
0.000 94.99
0.00
158.435
0.000
0.0
158.435
AdValorem Operating
Total
Operational
Cumulative
10.0 Cum
& Prod Tax Expenses
Expenses
Cash Flow
Tangible Intangible Leasehld
Cash Flow
Cash Flow
Disc. C.F.
Date
(M$)
(M$)
(M$)
(M$)
(M$)
(M$)
(M$)
(M$)
(M$)
(M$)
12/2015
0.618
1.541
2.159
6.121
0.00
0.00
0.00
6.121
6.121
5.816
12/2016
0.606
1.530
2.136
5.985
0.00
0.00
0.00
5.985
12.106
10.986
12/2017
0.594
1.519
2.114
5.853
0.00
0.00
0.00
5.853
17.959
15.583
12/2018
0.583
1.509
2.092
5.727
0.00
0.00
0.00
5.727
23.686
19.671
12/2019
0.573
1.499
2.072
5.605
0.00
0.00
0.00
5.605
29.291
23.309
12/2020
0.563
1.489
2.052
5.488
0.00
0.00
0.00
5.488
34.779
26.547
12/2021
0.553
1.480
2.033
5.374
0.00
0.00
0.00
5.374
40.153
29.429
12/2022
0.543
1.471
2.014
5.265
0.00
0.00
0.00
5.265
45.418
31.996
12/2023
0.534
1.462
1.996
5.159
0.00
0.00
0.00
5.159
50.578
34.283
12/2024
0.525
1.454
1.979
5.057
0.00
0.00
0.00
5.057
55.635
36.321
12/2025
0.516
1.446
1.962
4.958
0.00
0.00
0.00
4.958
60.593
38.138
12/2026
0.508
1.438
1.946
4.863
0.00
0.00
0.00
4.863
65.456
39.757
12/2027
0.500
1.430
1.930
4.770
0.00
0.00
0.00
4.770
70.226
41.201
12/2028
0.492
1.423
1.915
4.680
0.00
0.00
0.00
4.680
74.907
42.490
12/2029
0.485
1.416
1.900
4.594
0.00
0.00
0.00
4.594
79.500
43.639
12/2030
0.477
1.409
1.886
4.509
0.00
0.00
0.00
4.509
84.010
44.665
12/2031
0.470
1.402
1.872
4.428
0.00
0.00
0.00
4.428
88.437
45.580
12/2032
0.463
1.396
1.859
4.348
0.00
0.00
0.00
4.348
92.785
46.398
Rem.
2.219
6.887
9.105
20.628
0.00
0.00
0.00
20.628
20.628
2.950
Total
11.822
33.199
45.022
113.413
0.00
0.00
0.00
113.413
113.413
49.347
Profitability Indicators
Interests
(%)
Reversion
Oil
Gas
Present Worth Profile
Points(Yrs)
MBBLS
MMCF
(%)
(M$)
Payout (Yrs)
0.00
Initial W.I.
10.0000
Prior
31.6
0.9
5.0
70.854
Discounted Payout (Yrs)
0.00
Final W.I.
10.0000
Proj.
22.2
0.0
10.0
49.347
DCF Rate of Return (%)
100.00
Initial NRI Oil
7.5000
Ult.
53.8
0.9
15.0
37.282
Income/Investment
0.00
Final NRI Oil
7.5000
20.0
29.873
Disc Income/Disc Inv.
0.00
Initial NRI Gas
7.5000
25.0
24.970
Project Life (Yrs)
23.00
Final NRI Gas
7.5000
30.0
21.522
40.0
17.027
INTERNATIONAL DISPOSAL CORP.
HARRIS
50.0
14.236
1
TX
60.0
12.334
PIERCE JUNCTION
BOMCO USA, INC.
80.0
9.901
100.0
8.405
Page 2
Brenham PJ 10% WI PROB_2014
DATE: 03-22-2015
* D a t a R e p o r t *
TIME: 13:51:00
DB: BOMCO_3-2-2015.MDB
ID: TXO03 003358
Lease ID:
003358
Major Phase: OIL
API #: 4220104795
Status:
PROB
Lease Name:
SETTEGAST, J. J. -A-
Well Name:
41
Field Name:
PIERCE JUNCTION
Formation Name:
Operator:
BOMCO USA, INC.
Title 1:
KINDER MORGAN TEXAS PIPELINE, LP
Title 2:
TEPPCO CRUDE OIL, L.P.
Export Code 1:
Export Code 2:
Export Code 3:
County:
HARRIS
ST: TX
Project Start Date: 1/2015
Ending Month:
12
Disc. Rate %
10
Reserves Factor: 100
Cash Flow Factor: 100
Gas Shrink%
0
Gas Shrink (MCF/M)
0
Oil Prod Tax
Gas Prod Tax
Plant Prod Tax
Ad Valorem Tax
Initial %
4.6
7.5
.0
3.0
Months
360
360
360
Final %
.0
.0
.0
$/BBL or $/MCF
.00
.00
.00
Initial Oil Price Adj.:
0.00 $/BBL
Max Price: 120.00 $/BBL Plant Price:
.00 % Oil Price
Oil Price:
94.99 $/BBL
Esc% 0.0
Esc$ 0.00
Months
360
Oil Price:
0.00 $/BBL
Esc% 0.0
Esc$ 0.00
Months
360
Oil Price:
0.00 $/BBL
Esc% 0.0
Esc$ 0.00
Months
360
Initial Gas Price Adj.:
0.00 $/MCF
Max Price: 12.00 $/MCF BTU
1000
Gas Price: 0.00 $/MCF
Esc% 0.0
Esc$ 0.00
Months
360
Gas Price: 0.00 $/MCF
Esc% 0.0
Esc$ 0.00
Months
360
Gas Price: 0.00 $/MCF
Esc% 0.0
Esc$ 0.00
Months
360
Op Exp $/W/M:
0 Esc
0.0 % For
30.00 Years
Esc
0.0 %
For
0.00 Years
Op Exp $/M:
800 Esc
0.0 % For
30.00 Years
Months Delay 0
Op Exp $/BBL:
5.00 Esc
0.0 % For
30.00 Years
Op Exp $/MCF:
0.00 Esc
0.0 % For
30.00 Years
Op Exp $/B Wat:
0.00 Esc
0.0 % For
30.00 Years
Mgmt Fee $/M:
0 Esc
0.0 % % NLP 0.00
WI%
NRI% O
NRI% G
Mths
AMT
10.0000
7.5000
7.5000
480
0.00
100.0000
0.0000
0.0000
0
0.00
Investments - Gross Lease Hold M$ 0.000
Net Salvage M$ 0.000
Escalation:
0.0 %
For
30.00 Years
Date
Tang M$
Intan M$
Risk %
Fed Tax Data
Rate %
34.00
Depr.
Decl. Bal
Depr.Life
7
Oil Units
Prod Start Date
GOR
No.Wells
Start ID
Monthly
7/ 2012
0.0
1
Type
N
Initial
Final
Decline
Time
Cum
Comments
HYP
1.0
823.3
178.0
4.660
909
316.225
0.0
0.0
0.0
0.000
0
0.000
0.0
0.0
0.0
0.000
0
0.000
Gas Units
Prod Start Date
YLD
No.Wells
Start ID
Plant Yld B/MM
Monthly
0.0
0
0.00
Type
N
Initial
Final
Decline
Time
Cum
0.0
0.0
0.0
0.000
0
0.000
0.0
0.0
0.0
0.000
0
0.000
0.0
0.0
0.0
0.000
0
0.000
Page 3
KINDER MORGAN TEXAS PIPELINE, LP
Brenham PJ 10% WI PROB_2014
DATE: 03-22-2015
TEPPCO CRUDE OIL, L.P.
As of 1 / 2015
TIME: 13:51:00
DB: BOMCO_3-2-2015.MDB
ID: TXO03 003358
Date
No.
Gross Oil
Gross Gas
Net Oil
Net Gas
Oil
Gas
Wells
(Mbbl)
(MMcf)
(Mbbl)
(MMcf)
Price Price Oil Net.Rev Gas Net.Rev
Other
$/Bbl $/Mcf
(M$)
(M$)
Net.Rev
Total
(M$)
Net.Rev (M$)
12/2015
1.0
8.642
0.000
0.648
0.000 94.99
0.00
61.566
0.000
0.0
61.566
12/2016
1.0
8.295
0.000
0.622
0.000 94.99
0.00
59.094
0.000
0.0
59.094
12/2017
1.0
7.975
0.000
0.598
0.000 94.99
0.00
56.812
0.000
0.0
56.812
12/2018
1.0
7.678
0.000
0.576
0.000 94.99
0.00
54.701
0.000
0.0
54.701
12/2019
1.0
7.403
0.000
0.555
0.000 94.99
0.00
52.740
0.000
0.0
52.740
12/2020
1.0
7.147
0.000
0.536
0.000 94.99
0.00
50.915
0.000
0.0
50.915
12/2021
1.0
6.908
0.000
0.518
0.000 94.99
0.00
49.212
0.000
0.0
49.212
12/2022
1.0
6.684
0.000
0.501
0.000 94.99
0.00
47.620
0.000
0.0
47.620
12/2023
1.0
6.475
0.000
0.486
0.000 94.99
0.00
46.127
0.000
0.0
46.127
12/2024
1.0
6.278
0.000
0.471
0.000 94.99
0.00
44.725
0.000
0.0
44.725
12/2025
1.0
6.093
0.000
0.457
0.000 94.99
0.00
43.405
0.000
0.0
43.405
12/2026
1.0
5.918
0.000
0.444
0.000 94.99
0.00
42.161
0.000
0.0
42.161
12/2027
1.0
5.753
0.000
0.431
0.000 94.99
0.00
40.987
0.000
0.0
40.987
12/2028
1.0
5.597
0.000
0.420
0.000 94.99
0.00
39.876
0.000
0.0
39.876
12/2029
1.0
5.449
0.000
0.409
0.000 94.99
0.00
38.823
0.000
0.0
38.823
12/2030
1.0
5.309
0.000
0.398
0.000 94.99
0.00
37.825
0.000
0.0
37.825
12/2031
1.0
5.176
0.000
0.388
0.000 94.99
0.00
36.877
0.000
0.0
36.877
12/2032
1.0
5.050
0.000
0.379
0.000 94.99
0.00
35.975
0.000
0.0
35.975
Rem.
175.065
0.000
13.130
0.000 94.99
0.00
1,247.205
0.000
0.0
1,247.205
Total
292.893
0.000
21.967
0.000 94.99
0.00
2,086.645
0.000
0.0
2,086.645
AdValorem Operating
Total
Operational
Cumulative
10.0 Cum
& Prod Tax Expenses
Expenses
Cash Flow
Tangible Intangible Leasehld
Cash Flow
Cash Flow
Disc. C.F.
Date
(M$)
(M$)
(M$)
(M$)
(M$)
(M$)
(M$)
(M$)
(M$)
(M$)
12/2015
4.594
5.281
9.875
51.691
0.00
0.00
0.00
51.691
51.691
49.125
12/2016
4.410
5.107
9.517
49.577
0.00
0.00
0.00
49.577
101.268
91.957
12/2017
4.239
4.947
9.187
47.626
0.00
0.00
0.00
47.626
148.894
129.363
12/2018
4.082
4.799
8.881
45.820
0.00
0.00
0.00
45.820
194.714
162.078
12/2019
3.935
4.661
8.597
44.143
0.00
0.00
0.00
44.143
238.857
190.730
12/2020
3.799
4.533
8.333
42.583
0.00
0.00
0.00
42.583
281.439
215.856
12/2021
3.672
4.414
8.086
41.126
0.00
0.00
0.00
41.126
322.565
237.917
12/2022
3.553
4.302
7.855
39.764
0.00
0.00
0.00
39.764
362.330
257.308
12/2023
3.442
4.197
7.639
38.487
0.00
0.00
0.00
38.487
400.817
274.370
12/2024
3.337
4.099
7.436
37.288
0.00
0.00
0.00
37.288
438.105
289.398
12/2025
3.239
4.006
7.245
36.160
0.00
0.00
0.00
36.160
474.265
302.646
12/2026
3.146
3.919
7.065
35.096
0.00
0.00
0.00
35.096
509.361
314.335
12/2027
3.058
3.837
6.895
34.092
0.00
0.00
0.00
34.092
543.453
324.657
12/2028
2.976
3.759
6.734
33.142
0.00
0.00
0.00
33.142
576.595
333.779
12/2029
2.897
3.685
6.582
32.242
0.00
0.00
0.00
32.242
608.836
341.847
12/2030
2.823
3.615
6.437
31.388
0.00
0.00
0.00
31.388
640.224
348.987
12/2031
2.752
3.548
6.300
30.577
0.00
0.00
0.00
30.577
670.801
355.311
12/2032
2.684
3.485
6.169
29.806
0.00
0.00
0.00
29.806
700.607
360.914
Rem.
93.066
99.052
192.119
1,055.086
0.00
0.00
0.00
1,055.086
1,055.086
76.541
Total
155.706
175.247
330.952
1,755.693
0.00
0.00
0.00
1,755.693
1,755.693
437.455
Profitability Indicators
Interests
(%)
Reversion
Oil
Gas
Present Worth Profile
Points(Yrs)
MBBLS
MMCF
(%)
(M$)
Payout (Yrs)
0.00
Initial W.I.
10.0000
Prior
103.0
0.2
5.0
756.039
Discounted Payout (Yrs)
0.00
Final W.I.
10.0000
Proj.
292.9
0.0
10.0
437.455
DCF Rate of Return (%)
100.00
Initial NRI Oil
7.5000
Ult.
395.9
0.2
15.0
307.722
Income/Investment
0.00
Final NRI Oil
7.5000
20.0
241.379
Disc Income/Disc Inv.
0.00
Initial NRI Gas
7.5000
25.0
201.125
Project Life (Yrs)
30.00
Final NRI Gas
7.5000
30.0
173.787
40.0
138.540
SETTEGAST, J. J. -A-
HARRIS
50.0
116.556
41
TX
60.0
101.451
PIERCE JUNCTION
BOMCO USA, INC.
80.0
81.953
100.0
69.848
Page 4
Brenham PJ 10% WI PROB_2014
DATE: 03-22-2015
As of 1 / 2015
TIME: 13:51:00
* S u m m a r y *
DB: BOMCO_3-2-2015.MDB
Sum Name: SUMFILE
Date
No.
Gross Oil
Gross Gas
Net Oil
Net Gas
Oil
Gas
Wells
(Mbbl)
(MMcf)
(Mbbl)
(MMcf)
Price Price Oil Net.Rev Gas Net.Rev
Other
$/Bbl $/Mcf
(M$)
(M$)
Net.Rev
Total
(M$)
Net.Rev (M$)
12/2015
2.0
9.804
0.000
0.735
0.000 94.99
0.00
69.846
0.000
0.0
69.846
12/2016
2.0
9.435
0.000
0.708
0.000 94.99
0.00
67.214
0.000
0.0
67.214
12/2017
2.0
9.093
0.000
0.682
0.000 94.99
0.00
64.779
0.000
0.0
64.779
12/2018
2.0
8.776
0.000
0.658
0.000 94.99
0.00
62.520
0.000
0.0
62.520
12/2019
2.0
8.480
0.000
0.636
0.000 94.99
0.00
60.417
0.000
0.0
60.417
12/2020
2.0
8.205
0.000
0.615
0.000 94.99
0.00
58.455
0.000
0.0
58.455
12/2021
2.0
7.947
0.000
0.596
0.000 94.99
0.00
56.619
0.000
0.0
56.619
12/2022
2.0
7.706
0.000
0.578
0.000 94.99
0.00
54.899
0.000
0.0
54.899
12/2023
2.0
7.479
0.000
0.561
0.000 94.99
0.00
53.282
0.000
0.0
53.282
12/2024
2.0
7.265
0.000
0.545
0.000 94.99
0.00
51.761
0.000
0.0
51.761
12/2025
2.0
7.064
0.000
0.530
0.000 94.99
0.00
50.326
0.000
0.0
50.326
12/2026
2.0
6.874
0.000
0.516
0.000 94.99
0.00
48.970
0.000
0.0
48.970
12/2027
2.0
6.694
0.000
0.502
0.000 94.99
0.00
47.687
0.000
0.0
47.687
12/2028
2.0
6.523
0.000
0.489
0.000 94.99
0.00
46.471
0.000
0.0
46.471
12/2029
2.0
6.361
0.000
0.477
0.000 94.99
0.00
45.317
0.000
0.0
45.317
12/2030
2.0
6.207
0.000
0.466
0.000 94.99
0.00
44.221
0.000
0.0
44.221
12/2031
2.0
6.061
0.000
0.455
0.000 94.99
0.00
43.177
0.000
0.0
43.177
12/2032
2.0
5.921
0.000
0.444
0.000 94.99
0.00
42.182
0.000
0.0
42.182
Rem.
179.238
0.000
13.443
0.000 94.99
0.00
1,276.938
0.000
0.0
1,276.938
Total
315.132
0.000
23.635
0.000 94.99
0.00
2,245.080
0.000
0.0
2,245.080
AdValorem Operating
Total
Operational
Cumulative
10.0 Cum
& Prod Tax Expenses
Expenses
Cash Flow
Tangible Intangible Leasehld
Cash Flow
Cash Flow
Disc. C.F.
Date
(M$)
(M$)
(M$)
(M$)
(M$)
(M$)
(M$)
(M$)
(M$)
(M$)
12/2015
5.212
6.822
12.034
57.812
0.00
0.00
0.00
57.812
57.812
54.941
12/2016
5.016
6.637
11.653
55.561
0.00
0.00
0.00
55.561
113.374
102.943
12/2017
4.834
6.466
11.300
53.479
0.00
0.00
0.00
53.479
166.853
144.945
12/2018
4.665
6.308
10.973
51.547
0.00
0.00
0.00
51.547
218.400
181.749
12/2019
4.508
6.160
10.669
49.748
0.00
0.00
0.00
49.748
268.148
214.039
12/2020
4.362
6.023
10.384
48.070
0.00
0.00
0.00
48.070
316.218
242.403
12/2021
4.225
5.894
10.119
46.501
0.00
0.00
0.00
46.501
362.719
267.346
12/2022
4.097
5.773
9.869
45.029
0.00
0.00
0.00
45.029
407.748
289.305
12/2023
3.976
5.659
9.635
43.647
0.00
0.00
0.00
43.647
451.395
308.654
12/2024
3.862
5.553
9.415
42.345
0.00
0.00
0.00
42.345
493.740
325.719
12/2025
3.755
5.452
9.207
41.118
0.00
0.00
0.00
41.118
534.858
340.783
12/2026
3.654
5.357
9.011
39.959
0.00
0.00
0.00
39.959
574.817
354.092
12/2027
3.558
5.267
8.825
38.862
0.00
0.00
0.00
38.862
613.679
365.858
12/2028
3.468
5.181
8.649
37.822
0.00
0.00
0.00
37.822
651.501
376.269
12/2029
3.382
5.100
8.482
36.835
0.00
0.00
0.00
36.835
688.337
385.486
12/2030
3.300
5.024
8.323
35.897
0.00
0.00
0.00
35.897
724.234
393.652
12/2031
3.222
4.950
8.172
35.005
0.00
0.00
0.00
35.005
759.238
400.891
12/2032
3.148
4.880
8.028
34.154
0.00
0.00
0.00
34.154
793.392
407.312
Rem.
95.285
105.939
201.224
1,075.714
0.00
0.00
0.00
1,075.714
1,075.714
79.491
Total
167.528
208.446
375.974
1,869.106
0.00
0.00
0.00
1,869.106
1,869.106
486.802
Oil
Gas
Present Worth Profile
Profitability Indicators
MBBLS
MMCF
(%)
(M$)
Payout (Yrs)
0.00
Prior
134.6
1.1
5.0
826.894
Discounted Payout (Yrs)
0.00
Proj.
315.1
0.0
10.0
486.802
DCF Rate of Return (%)
100.00
Ult.
449.7
1.1
15.0
345.004
Income/Investment
0.00
20.0
271.253
Disc Income/Disc Inv.
0.00
25.0
226.095
30.0
195.309
40.0
155.568
50.0
130.792
60.0
113.784
80.0
91.854
100.0
78.253
Page 5
Brenham PJ 10% WI PROB_2014
DATE: 03-22-2015
As of 1 / 2015
TIME: 13:51:00
* O n e L i n e S u m m a r y *
DB: BOMCO_3-2-2015.MDB
Sum Name: SUMFILE
Lease - Well / ID
Gross Oil
Gross Gas
Net Oil
Net Gas
Tot. Rev.
Tot. Exp.
Tot. Capital Cash Flow
Disc Cash
(MBbl)
(MMcf)
(MBbl)
(MMcf)
(M$)
(M$)
(M$)
(M$)
Flow (M$)
SETTEGAST, J. J. -A- - 41
TXO03 003358
292.9
0.0
22.0
0.0
2,086.6
331.0
0.0
1,755.7
437.5
INTERNATIONAL DISPOSAL CORP. - 1
TXO03 015950
22.2
0.0
1.7
0.0
158.4
45.0
0.0
113.4
49.3
Total
315.1
0.0
23.6
0.0
2,245.1
376.0
0.0
1,869.1
486.8
Page 6