June 1, 2016

38.06+/‐ NET MINERAL ACRES OUT OF 76.13+/‐ GROSS ACRES INCLUDES 76.13+/‐ ACRES OF LAND REDSTONE TOWNSHIP, FAYETTE COUNTY, PENNSYLVANIA

38.06+/‐ net mineral acres and 76.13+/‐ gross acres of land in Redstone Township, Fayette County, Pennsylvania. This acreage is leased with Chevron at 15%, net. Rice Drilling LLC, Chevron Appalachia and EQT Production Company are the primary operators in this area. – Rice Drilling: Captain Jack Sparrow: 6 producing wells averaging 6.27 MMcf/d – Chevron Appalachia: Lester: 5 producing wells averaging 1.95 MMcf/d Sanfilippo: 5 producing wells averaging 5.75 MMcf/d Sanfilippo: 3

100+/‐ NET MINERAL ACRES AND 100+/‐ VACANT LAND RECEIVING ROYALTIES FROM 7 PRODUCING SHALLOW WELLS MONROEVILLE TOWNSHIP, ALLEGHENY COUNTY, PA

100+/‐ net mineral acres and vacant land in Monroeville Township, Allegheny County, Pennsylvania. This acreage is leased with Actago Corporation at 14%, gross. 7 shallow wells are drilled on this acreage and the owner is receiving royalties of $2,400 annually. The owner will sell vacant land or oil, gas and mineral rights separately. This 100+/‐ acres of residential land is comprised of 7 parcels and has been approved for 667 unit (275 townhouses and

98.96+/‐ NET MINERAL ACRES OUT OF 197+/‐ GROSS ACRES UNLEASED KENNEDY TOWNSHIP, ALLEGHENY COUNTY, PA

98.96+/‐ net mineral acres out of 197+/‐ gross acres in Kennedy Township, Allegheny County, Pennsylvania. This acreage was leased in 2008 and was surveyed to be a potential drill site. (lease has since expired) Approximately 6 miles west of this acreage, Consol Energy has 26 drilled wells and 3 permits issued at the Pittsburgh International Airport. To the east, in Westmoreland County, CNX Gas Company Gaut Well has 1 Utica well