2022 RESERVES SUMMARY
SUMMARY OF PROVED, PROBABLE (2P) RESERVES
(As of September 2022)
| $ Amounts in USD | OIL (BBL) | GAS (MCF) | OPERATING INCOME (BFIT) | PRE-TAX PRESENT VALUE (10%) |
|---|---|---|---|---|
| Proved | ||||
| Developing Producing | 444,600 | 286,200 | $25,887,700 | $12,057,600 |
| Developed Non-Producing | 709,300 | 578,600 | $55,679,600 | $34,831,600 |
| Undeveloped | 5,083,200 | 2,136,400 | $344,583,600 | $151,729,900 |
| Total Proved | 6,237,100 | 3,001,200 | $426,150,900 | $198,619,100 |
| Probable | ||||
| Probable Developed Producing | 1,900 | 10,500 | $126,600 | $53,400 |
| Probable Non-Producing | 115,900 | 6,200 | $8,644,500 | $3,247,100 |
| Probable Undeveloped | 7,334,300 | 10,307,100 | $534,109,000 | $226,266,900 |
| Total Probable | 7,452,100 | 10,323,800 | $542,880,100 | $229,567,400 |
| Total Proved + Total Probable | 13,689,200 | 13,325,000 | $969,031,000 | $428,186,500 |