CONNELL MGMT B

Oil · District 08 · Lease #55346

Operator: RING ENERGY, INC.

Cum Oil

8k BBL

Cum Gas

0 MCF

Wells

1

Production

2020-12 — 2021-11

Peak Month

2021-04

Production History

Cum Oil: 7,936 BBL Cum Gas: 0 MCF

RRC production reported through Apr 2026 · recent months incomplete

Decline Curve Analysis

qi

1,306 BBL/mo

Di (annual)

464.2%

b-factor

0.6

EUR

8,003 BBL

R-squared

0.772

type

hyperbolic

Operator History (from monthly production reports)

2023-08 — 2026-07 RING ENERGY, INC. 36 mo
2020-12 — 2023-07 FOUNDERS OIL & GAS OPERATING,LLC 32 mo

Wells (1)

WELL#APIOPERATORPERMITSDEPTHLAST_ISSUED
3RING ENERGY INC.28,0002021-11-01