25+/‐ NET MINERAL ACRES OUT OF 146+/‐ GROSS ACRES LEASED WITH CHESAPEAKE APPALACHIA FRANKLIN DISTRICT, MARSHALL COUNTY, WV

25+/‐ NET MINERAL ACRES OUT OF 146+/‐ GROSS ACRES LEASED WITH CHESAPEAKE APPALACHIA FRANKLIN DISTRICT, MARSHALL COUNTY, WV

25+/‐ net mineral acres out of 146+/‐ gross acres in Franklin District, Marshall County, West Virginia.

Chesapeake Appalachia LLC has a 12.5% net lease on this acreage (currently in second term). This area of West Virginia is oil rich.

Chesapeake Appalachia LLC, Gastar Exploration USA, Statoil USA and Antero Resources Corporation all have active wells within a 9 mile radius of this acreage. The most notable well is the Chesapeake Appalachia LLC, Gladys Briggs well that is averaging 5.24 MMcf/d.

The Williams Companies have a gathering system field line running through this acreage.

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