POWELL -32-

Oil · District 08 · Lease #47223

Operator: DRACO ENERGY, INC.

Cum Oil

8k BBL

Cum Gas

9k MCF

casinghead

Wells

1

Production

2015-08 — 2019-12

Peak Month

2016-02

Production History

Cum Oil: 8,043 BBL Cum Gas: 9,074 MCF

RRC production reported through Apr 2026 · recent months incomplete

Decline Curve Analysis

qi

571 BBL/mo

Di (annual)

121.0%

b-factor

0.2

EUR

7,041 BBL

R-squared

0.750

type

hyperbolic

Operator History (from monthly production reports)

2020-03 — 2026-07 BONFIRE OPERATING LLC 77 mo
2015-08 — 2020-02 DRACO ENERGY, INC. 55 mo

Wells (1)

WELL#APIOPERATORPERMITSDEPTHLAST_ISSUED
1BONFIRE OPERATING LLC211,0002016-01-12