2018

620+/‐ NET MINERAL ACRES STACKED PLAY OPPORTUNITY—UNLEASED GALETON, WEST BRANCH, PIKE TOWNSHIP, POTTER COUNTY, PA

620.27+/‐ unleased net mineral stretching over Galeton, West Branch and Pike Townships in PoƩer County, Pennsylvania. Available: oil, gas and mineral rights, land, Ɵmber rights. PotenƟal to renew access road and water line agreement with Shell in the near future. The current owner is open to selling surface, Ɵmber and oil, gas and mineral rights. As a bundle or separately. The bundle price is $4,465,699 Pipeline infrastructure is well built‐out

68+/‐ NET MINERAL ACRES STACKED PLAY OPPORTUNITY—UNITIZED FARMINGTON & OSCEOLA TOWNSHIP, TIOGA COUNTY, PA

68+/‐ net mineral acres in Farmington and Osceola Townships, Tioga County, Pennsylvania. 5.281+/‐ acres are in the Stanley 1106 Unit. The property has a well pad agreement in place on surface with proposed well pad. ConstrucƟon and drilling should occur in 2019. This acreage is leased with Shell at 12.5%. Shell is currently fracking the My TB Well which is 1.41 miles southwest of this acreage. Shell has an acƟve

IN THE CORE OF THE UTICA FAIRWAY—SALE/LEASE/JV 2,548.12+/‐ NET MINERAL ACRES WEST BRANCH, POTTER COUNTY, PA

2,548.12+/‐ conƟguous net mineral acres in West Branch Township, PoƩer County, Pennsylvania. Located approximately 4.25 miles west of the Tioga County/PoƩer County line. This acreage is unleased—ready for you to drill or lease! Industry reports indicate that the UƟca/Point Pleasant—Gas in Place for this area of PoƩer County ranges from 65— 85 GIP Bcf per square mile. JKLM Energy LLC, EQT, Seneca Resources, Shell, Southwestern and Travis Peak all have

57.20+/‐ NET MINERAL ACRES MULTIPLE LATERALS CROSSING ACREAGE EAST FINLEY TOWNSHIP, WASHINGTON COUNTY, PA

57.20+/‐ net mineral acres in East Finley Township, Washington County, Pennsylvania. This acreage is leased with CNX at 18%, net. 4 laterals from the EQT ProducƟon Company—JT Farms Unit cross this acreage. These laterals were permiƩed in No‐ vember 2017. According to the EQT Analyst PresentaƟon from February 15, 2018, they have a 2018 capital investment of $2.4 B ($2.2 B for well development). 106 SPUD wells are in the

17.174+/‐ NET MINERAL ACRES LEASED WITH CHEVRON HEMPFIELD TOWNSHIP, WESTMORELAND COUNTY, PA

17.174+/‐ net mineral acres in Hempfield Township, Westmoreland County, Pennsylvania. This acreage is leased with Chevron. According to Chevron’s 2018 Security Analyst MeeƟng, held March 6, 2018, they are moving back into development mode, targeƟng opportuniƟes in both the Marcellus and UƟca formaƟons from common well pads. Apex, Chevron, EQT and CNX have all had robust producƟon results in Westmoreland County. Texas Eastern, Teppco and Dominion have pipeline infrastructure in

29+/‐ NET MINERAL ACRES UNLEASED LOWER BURRELL TOWNSHIP, WESTMORELAND COUNTY, PA

29+/‐ unleased net mineral acres in Lower Burrell Township, Westmoreland County, Pennsylvania. Steel River, EQT and Dominion have pipeline infrastructure surrounding this acreage. Huntley & Huntley, Range Resources and CNX Resources are focusing on this area of Pennsylvania for 2018. BROCHURE: https://gallery.mailchimp.com/a1ed2fa91579ce119b7313094/files/f079aae0-a983-4f6a-a747-6ae87b7e9ad4/PA_WESTMORELAND_COUNTY_LOWER_BURRELL_29NMA.pdf

41+/‐ NET MINERAL ACRES LEASED WITH SOUTHWESTERN ENERGY CROSS CREEK DISTRICT, BROOKE COUNTY, WEST VIRGINIA

41+/‐ net mineral acres in Cross Creek District, Brooke County, West Virginia. Southwestern Energy, leased this acreage in November 2017. This acreage is 2 miles west of the PA/WV state line. Approximately 20 miles northeast of this acreage is the new Royalty Dutch Shell, Petrochemical Complex in Beaver County, Pennsylvania. This complex will house 3 units that will convert ethylene into polyethylene pellets; a natural gas‐fired power plant; a loading

14+/‐ NET MINERAL ACRES UNLEASED PAW PAW DISTRICT, MARION COUNTY, WEST VIRGINIA

14+/‐ net mineral acres in Paw Paw District, Marion County, West Virginia. The “McHenry” parcel is the southern acreage on the map and is 5.3+/‐ net mineral acres out of 106+/‐ gross acres. The northern parcel on the map is “Gloria Smith” and is 8.7+/‐ net mineral acres out of 87+/‐ gross acres. EQT has several new permits in this area of West Virginia. According to the 2018 OperaƟonal Forecast

BLM WYOMING OIL AND GAS LEASE SALE NETS NEARLY $20 MILLION

In keeping with the Administration’s goal of promoting America’s energy independence, the Bureau of Land Management Wyoming quarterly oil and gas lease sale resulted in competitive bids for 152 of the 170 parcels offered at the sale. The combined bids from the sale brought in $19.87 million, which will be distributed between the Federal government and the State of Wyoming. The BLM offered parcels in Campbell, Converse, Crook, Fremont, Goshen,