LIONHEAD

Oil · District 06 · Lease #16075

Operator: VALENCE OPERATING COMPANY

Cum Oil

162k BBL

Cum Gas

61k MCF

casinghead

Wells

1

Production

2024-10 — 2026-04

Peak Month

2024-12

Production History

Cum Oil: 161,669 BBL Cum Gas: 60,580 MCF

RRC production reported through Apr 2026 · recent months incomplete

Decline Curve Analysis

qi

25,683 BBL/mo

Di (annual)

504.9%

b-factor

1.2

EUR

487,033 BBL

R-squared

0.877

type

hyperbolic

Operator History (from monthly production reports)

2024-10 — 2026-07 VALENCE OPERATING COMPANY 22 mo

Wells (1)

WELL#APIOPERATORPERMITSDEPTHLAST_ISSUED
1HVALENCE OPERATING COMPANY313,0002024-06-06