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LIVE OAK TX - WX. 10 -800 Producing Royalties
1 Producing Override Royalty Interest Wells
Located in LIVE OAK (TX)
2601 Network Boulevard ~ Suite 404 ~ Frisco, Texas 75034
Phone: (866) 454-6107 | Fax: (214) 975-2526 | Email: [email protected]
WWW.OAKTREEMINERALS.COM
LIVE OAK TX - WX. 10 -800 Producing Royalties
Property Summary
The assets in this package are located in the WX 10,800 formation, within Live Oak County,Texas.Over the past 6 months, Live Oak County has seen 22 new permits to drill. Most of thisactivity has come in the northern portion of the county in the Eagle Ford formation. OperatorHurd Enterprises is centrally focused on developing assets in Southern Texas, particularlyrefurbishing and maintaining older wells such as this one.
• 1 Producing Wells
• 0 Horizontal
• Override Royalty Interest
Package Details
• LIVE OAK (TX)
• Formation(s)
• 0.00% - Oil
• $114.81 Per Month
• Cash Flow Represents 50.00% of Check Statements
• 1 Vertical
Location
• WX. 10
Production Breakdown
• 100.00% - Gas
• 0.00% - NGL
Cash Flow
• HURD ENTERPRISES, LTD.
Operator(s)
Package Contents
LIVE OAK TX - WX. 10 -800 Producing Royalties
Check Revenue Statement
Check Statements
Maps
Production Graph
Source Assignments
Check Revenue Statement
LIVE OAK TX - WX. 10 -800 Producing Royalties
Operator Nov-2017 Dec-2017 Jan-2018
LIVE OAK TX - WX. 10 -800 Producing Royalties
Check Revenue Statement
Average
Check Statement Months
HURD ENTERPRISES, LTD $145.67 $97.78 $100.98 $114.81
* Cash flow reflects the sale of 50.00% of the assets shown on the check statements paid by
HURD ENTERPRISES, LTD in this package.
$145.67 $97.78 $100.98 $114.81Package Totals:
* Note: Blank boxes indicate no revenue data available for that month
Check Statements
LIVE OAK TX - WX. 10 -800 Producing Royalties
HURD ENTERPRISES, LTO
7373 BROADWAY ST STE 200
SAN ANTONIO TX 78209-3265
DIRECT DEPOSIT PAYMENT NOTICE 01125118 PAGE 1OWNER: JOHNT HAGY
OWNER 10: HAGOOO1PAYMENTDATE: 0113112018DOCUMENTNO: 1851ACCT: OPERATINGACCOUNT
"THIS NOTICE IS BEING PROVIDED PURSUANTTO YOURAGREEMENT FOR DIRECT DEPOSIT"
JOHN T HAGY7373 BROADWAY STE 200SANANTONIO TX 78209
PROD T P OWNER UNIT
DATE I C INTEREST PRICE----- 818INFORMATION ------
TAXES OTH CHGSVOLUME NET------ OWNER SHARE -------
TAXES OTH CHGSGROSS NET
Property: 1324-0011117 0 G 0.02000000
TULLIS-WALKER 012.81 3,869 772.28 607.80 9,490.39
County:217.41
LIVE OAK15.45 0.00
State: TX201.96
Payment Totals: 217.41 15.45 0.00 201.96BANK NAME: FROST BANKACCOUNT NAME: JOHN T HAGY
Other charges may include: TRANS, CONDITION, BLENITREAT, PROCESSING, OTHER OED, INTEREST
HURD ENTERPRISES, LTO7373 BROADWAY ST STE 200SANANTONIO TX 78209-3265
DIRECT DEPOSIT PAYMENT NOTICE 12121/17 PAGE 1OWNER: JOHN T HAGY
OWNER 10: HAGOOO1PAYMENTDATE: 1212912017DOCUMENTNO: 1788ACCT: OPERATINGACCOUNT
"THIS NOTICE IS BEING PROVIDEDPURSUANTTOYOURAGREEMENT FORDIRECT DEPOSIT"
JOHNTHAGY7373 BROADWAY STE 200SAN ANTONIO TX 78209
PROD T P OWNER UNIT ----- 818INFORMATION ------TAXES OTH CHGSVOLUME NET
------ OWNERSHARE -------TAXES OTH CHGSGROSS NETDATE I C INTEREST PRICE
Property: 1324-4011017 0G 0.02000000
TULLIS-WALKER 012.86 3,683 748.56 578.10 9,199.38
County: LIVE OAK210.52 14.97
State: TX0.00 195.55
Payment Totals: 210.62 14.97 0.00 195.55BANK NAME: FROST BANKACCOUNT NAME: JOHN T HAGY
Otherchargesmay include: TRANS, CONDITION,BLENITREAT,PROCESSING, OTHEROED, INTEREST
HURD ENTERPRISES, Lrn7373 BROADWAY ST STE 200SANANTONIO TX 78209-3265
DIRECT DEPOSIT PAYMENT NOTICE 11127/17 PAGE 1OWNER: JOHN T HAGY
OWNER ID: HAGOOO1PAYMENTDATE: 11/3012017DOCUMENTNO: 1661ACCT: OPERATINGACCOUNT
"THIS NOTICE IS BEING PROVIDEDPURSUANTTOYOURAGREEMENT FOR DIRECT DEPOSIT*
JOHN T HAGY7373 BROADWAY STE 200SANANTONIO TX 78209
PROD T P OWNER UNIT ----- 818INFORMATION ------TAXES OTH CHGSVOLUME NET
------ OWNERSHARE -------TAXES OTH CHGSGROSS NETDATE I C INTEREST PRICE
Property: 1324-0010917 0G 0.02000000
TULLIS-WALKER 012.90 5,403 1,116.13 849.00 13,717.60
County: LIVE OAK313.65 22.32 0.00
State: TX291.33
Payment Totals: 313.65 22.32 0.00 291.33BANK NAME: FROST BANKACCOUNT NAME: JOHN T HAGY
Otherchargesmay include: TRANS, CONDITION,BLENITREAT,PROCESSING, OTHEROED, INTEREST
Maps
LIVE OAK TX - WX. 10 -800 Producing Royalties
Production Graph
LIVE OAK TX - WX. 10 -800 Producing Royalties
TULLIS-WALKER 1LIVE OAK (TX)(N/A) 0 (N/A)
Operator: HURD ENTERPRISES, LTD.Field: CROCKER (WX. 10,800)
(Monthly Production)
Liquid (bbls): Current Cum: 5,674 Total: 5,674Gas (MCF): Current Cum: 997,812 Total: 997,812
Liquid (bbls) Gas (MCF) Wells
Date
Jan 1
8
Jan 1
7
Jan 1
6
Jan 1
5
Liq
uid
(B
bls
)
1
5
10
50
100
500
1,000
Gas (M
CF
)
100
500
1,000
5,000
10,000
50,000
100,000
Well C
ount
0 1
5
10
50
100
500
1,000
© 2018 Drillinginfo
Source Assignments
LIVE OAK TX - WX. 10 -800 Producing Royalties
OIL, GAS, MINERAL AND ROYALTY CONVEYANCE
For valuable consideration, the receipt of which is acknowledged, John Thomas Hagy, whoseaddress is 7373 Broadway Ste. 200, San Antonio, TX 78209 (hereinafter referred to as"Grantor"), does hereby bargain, sell, transfer, assign, and convey 100.0000% of Grantor'sinterests in all oil, gas, mineral, royalty, overriding royalty, net profits, and other similarinterests in the lands of Live Oak County, TX as described in Exhibit "A" unto the followingGrantee(s), its/their successors and assigns:
Oak Tree Minerals, LLC2601 Network Blvd. Suite 404Frisco, TX 75034
This conveyance is effective as of April 1, 2018 and includes all executive rights, bonuses, anddelay rentals applicable to Grantor's interest conveyed herein.Grantor agrees to pay any ad valorem taxes due on the interests herein conveyed prior toeffective date. All ad valorem taxes attributable to the interests herein conveyed for after theeffective date are the responsibility of Grantee(s), its/their successors or assigns.Grantor warrants and agrees to defend the title to the interest herein conveyed against the lawfulclaims and demands of all parties claiming or to claim the same, or any part thereof, by, throughor under Grantor, but not otherwise.
State of~)(.~
Countyof~~
§
§§
This instrument was acknowledged before me on this~'1ti'\ day of ~Qj cJt\ ,20 .:::..._JS__
by: 00'n'1Thoma!:>
Notary Name: (_av('U) lfulct>ellMy Commission Expires: II- ;) . aOdO
~\\'t,1I1111 LAUREN HUBBELL~~..'" "II. ,~$~.~''''''.~('''~Notary Public State of Texas::*: .,r"I:. I
;~'" ~ryqroEP/1i~p~Js 11-02-2020'"/t'Of~,,,~ Notary 10 126694781'" ,,\
Return To:OAK TREE MINERALS, LLC.2601 Network Boulevard, Suite 404Frisco, TX 75034
10:538 Page 1 of 2
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Legal Description550.0 acres of land, more or less, out of the R. McCampbell Survey No. 96, Abstract No. 928, Live Oak County, Texas, said 550.0acres being all of said McCampbell Survey LESS AND EXCEPT THEREFROM 90 acres of land described as "Tract 2" in LeaseOption dated September 9. 1974, From Bessie B. Speer and husband, A. H. Speer, Jr. to William H. Locke, recorded in Volume 104,Pages 382, et seq. of the Oil, Gas and Mineral Lease Records of Live Oak County, Texas to which Lease Option and its record,reference is here made for all purposes.
EXHIBIT "A"
END OF EXHIBIT "A"
OAK TREE MINERALS, LLC.260 I Network Boulevard, Suite 404Frisco, TX 75034 ··:·"i.;·"~Jn -.t,\':_li!:: :;f'i)Ut.~!
i.:'J:"';(i':':3 (_'.J.r~:~k
STATE OF TEXASCOUNTY OF LI VE OAK
10:538 Page 2 of 2