KEYSTONE CATTLE CO.

Oil · District 08 · Lease #46980

Operator: SADDLEBACK EXPLORATION, LLC

Cum Oil

2k BBL

Cum Gas

2k MCF

casinghead

Wells

4

Production

2015-09 — 2018-06

Peak Month

2016-05

Production History

Cum Oil: 1,815 BBL Cum Gas: 2,198 MCF

RRC production reported through Apr 2026 · recent months incomplete

Decline Curve Analysis

qi

159 BBL/mo

Di (annual)

147.9%

b-factor

0.0

EUR

1,283 BBL

R-squared

0.691

type

exponential

Operator History (from monthly production reports)

2024-05 — 2026-07 FORMENTERA OPERATIONS LLC 27 mo
2021-06 — 2024-04 SADDLEBACK EXPLORATION, LLC 35 mo
2016-12 — 2021-05 BLACKBEARD OPERATING, LLC 54 mo
2015-09 — 2016-11 MERIT ENERGY COMPANY 15 mo

Wells (4)

WELL#APIOPERATORPERMITSDEPTHLAST_ISSUED
6FORMENTERA OPERATIONS LLC24,8081992-03-06
5MERIT ENERGY COMPANY15,0001981-10-05
2HBLACKBEARD OPERATING, LLC25,0001981-08-21
95HMERIT ENERGY COMPANY15,0001980-12-31