UNIVERSITY -25-

Oil · District 08 · Lease #61796

Operator: T2 OPERATING CORPORATION

Cum Oil

19k BBL

Cum Gas

9k MCF

casinghead

Wells

1

Production

2024-07 — 2026-04

Peak Month

2024-08

Production History

Cum Oil: 18,621 BBL Cum Gas: 8,631 MCF

RRC production reported through Apr 2026 · recent months incomplete

Decline Curve Analysis

qi

2,773 BBL/mo

Di (annual)

302.3%

b-factor

0.5

EUR

21,661 BBL

R-squared

0.927

type

hyperbolic

Operator History (from monthly production reports)

2025-08 — 2026-07 R3 OPERATING CORPORATION 12 mo
2025-04 — 2025-07 T2 OPERATING CORPORATION 4 mo
2024-07 — 2025-03 BOAZ ENERGY II OPERATING, LLC 9 mo

Wells (1)

WELL#APIOPERATORPERMITSDEPTHLAST_ISSUED
1R3 OPERATING CORPORATION412,5002024-07-26