UNIVERSITY -AB-

Oil · District 08 · Lease #40006

Operator: PENNANT DEV. AND PROD., LLC

Cum Oil

26k BBL

Cum Gas

0 MCF

Wells

5

Production

2010-06 — 2026-04

Peak Month

2018-03

Production History

Cum Oil: 26,328 BBL Cum Gas: 0 MCF

RRC production reported through Apr 2026 · recent months incomplete

Decline Curve Analysis

qi

1,066 BBL/mo

Di (annual)

206.4%

b-factor

1.1

EUR

33,411 BBL

R-squared

0.716

type

hyperbolic

Operator History (from monthly production reports)

2010-06 — 2026-07 PENNANT DEV. AND PROD., LLC 194 mo

Wells (5)

WELL#APIOPERATORPERMITSDEPTHLAST_ISSUED
5PENNANT DEV. AND PROD., LLC14,7002017-11-29
142-003-04098PENNANT DEV. AND PROD., LLC------
242-003-04108PENNANT DEV. AND PROD., LLC------
342-003-04097PENNANT DEV. AND PROD., LLC------
442-003-04107PENNANT DEV. AND PROD., LLC------