10.9 Net Mineral Acres in the Eagle Ford and Austin Chalk Trend of Texas

RARE OPPORTUNITY!

This is a 10% mineral interest in a 218-acre tract in Gonzales County, TX, owned by Panola Holdings LLC.

218 acre unit x 0.00625 RI / 12.5% royalty = 10.9 NMA

This is for minerals rights only; NO SURFACE RIGHTS!

Vesting Deed at Volume 1280, Page 668 Doc# 18294212 (see images above).

This tract is HBP at 12.5%, but the well has been a nominal producer for years and may be non-economic. We were last paid $51.13 on 03/22/2019 for a 148.95 barrel sale at $54.931/bbl (see images above).

5% Buyer's Agent Commission.