VASTAR FEE

Oil // district 3 // lease#24574

op: PENWELL ENERGY, INC.

cum_oil

353k BBL

cum_gas

0 MCF

wells

5

production

2004-06 — 2026-03

peak_month

2007-05

-- production_history

cum_oil: 353,200 BBL cum_gas: 0 MCF

-- decline_curve_analysis

qi

5,652 BBL/mo

Di (annual)

30.3%

b-factor

0.0

EUR

224,125 BBL

R-squared

0.859

type

exponential

-- wells (5)

WELL#APIOPERATORPERMITSDEPTHLAST_ISSUED
1PENWELL ENERGY, INC.511,2002015-01-22
5PENWELL ENERGY, INC.111,1122013-04-17
4PENWELL ENERGY, INC.210,3002006-11-28
6PENWELL ENERGY, INC.110,0652006-10-27
2PENWELL ENERGY, INC.212,0002004-09-14
EOF // data source: Texas Railroad Commission // 2026