Hrabe Westhusin – Operated Lease

Lease Details

Hrabe D2, D1, Westhusin 1 (w/injection well)

Lease Name	County	State	Lease #	Operator	Legal Description	Gross BOPD	Gross MCFD
Leo Hrabe	Rooks	KS	110084	Garo Investment Company	Sec 12 09S 17W	1.79	0
Westhusin	Rooks	KS	124304	Garo Investment Company	Sec 11 09S 17W	0.37	0

GWI	NRI	Acres
100%	82%	160 +/-

Wells

Well Name	Well Type	Producing Formation	API	Completion	Cumulative Oil Production
Hrabe D1	Oil	Lansing	15-163-200760000	11-18-67	72,407.53 BBL
Hrabe D2	Oil	Arbuckle and LKC	15-163-230430000	05-19-89

Well Name	Well Type	Producing Formation	API	Completion	Cumulative Oil Production
Westhusin 1	Oil	Kansas City Group	15-163-223980000	07-07-84	109,639.12 BBL

Seller Comments

Lease was producing 7-8 BOPD when all wells were functioning. A new pumpjack on one well and fixing parted rod on another should get production back to that level. These fixes have not yet been completed due to oil prices. SWD passed MIT test Feb 2019. Additional location on the Westhusin.

New tank battery with heater ($6,000)

New pumpjack on the Hrabe D1 would increase lease production by 3-4 per day.

There is another drillsite on the Westhusin lease.

Pumper Chemical Electrical

Total Expenses $500 $376 $1,000
=$1876 a month