18.443+/‐ NET MINERAL ACRES LEASED WITH RANGE RESOURCES HANOVER TOWNSHIP, BEAVER COUNTY, PENNSYLVANIA

18.443+/‐ NET MINERAL ACRES LEASED WITH RANGE RESOURCES HANOVER TOWNSHIP, BEAVER COUNTY, PENNSYLVANIA

18.443+/‐ net mineral acres in Hanover Township, Beaver County, PA. Less than 7 miles east of the PA/OH state‐line and 5 miles west of the Allegheny County line. This property has a 17% net lease with Range Resources until 2018.

Approximately 8 miles southeast of this property, Consol Energy is drilling 47 Marcellus wells with future Upper Devonian drilling opportunity at the Pittsburgh International Airport.

Range Resources has 2 notable wells within 8.5 miles south of this property. The Harmon Creek D Unit has 7 producing wells averaging 2.19 MMcf/d and the Parees Unit has 5 producing wells averaging 5.13 MMcf/d.

Both MarkWest and National Fuel Gas Company have pipeline running to the east of this property.

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