73.34+/‐ NET MINERAL ACRES UNITIZED—LIBERATO UNIT MIDLAND BOROUGH, BEAVER COUNTY, PA

73.34+/‐ NET MINERAL ACRES UNITIZED—LIBERATO UNIT MIDLAND BOROUGH, BEAVER COUNTY, PA

73.34+/‐ net mineral acres in Midland Borough, Beaver County, Pennsylvania. This acreage is in the Chesapeake Appalachia Liberato Unit. Currently Chesapeake Appalachia has 1 producing well and five permits at this site. (Royalty statements are available upon request)

The map on the front page highlights production in Beaver County, Pennsylvania within a 17 mile radius of this acreage. As you can see, Chesapeake Appalachia and Penn Energy are the primary operators.

Chesapeake Appalachia Notable Wells:
Hodgdon Bea: 1 producing well averaging 5.30 MMcf/d
Maga Bea: 1 producing well averaging 4.09 MMcf/d

Penn Energy Notable Wells:
B3 Per B3: 4 producing wells averaging 3.90 MMcf/d
B1 per B1‐2H: 4 producing wells averaging 4.31 MMcf/d

Steel River Infrastructure Partners has an 8‐inch diameter transmission/trunk line running to the east of the acreage. NiSource and Sunoco have pipeline infrastructure in this area.

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