UNIVERSITY -35-

Oil · District 08 · Lease #60013

Operator: SLANT OPERATING, LLC

Cum Oil

10k BBL

Cum Gas

18k MCF

casinghead

Wells

1

Production

2023-05 — 2026-04

Peak Month

2023-08

Production History

Cum Oil: 10,150 BBL Cum Gas: 17,798 MCF

RRC production reported through Apr 2026 · recent months incomplete

Decline Curve Analysis

qi

762 BBL/mo

Di (annual)

227.6%

b-factor

1.2

EUR

25,550 BBL

R-squared

0.881

type

hyperbolic

Operator History (from monthly production reports)

2023-11 — 2026-07 FORMENTERA OPERATIONS LLC 33 mo
2023-05 — 2023-10 SLANT OPERATING, LLC 6 mo

Wells (1)

WELL#APIOPERATORPERMITSDEPTHLAST_ISSUED
1FORMENTERA OPERATIONS LLC59,3502023-09-18