Lease Sale and Tract History

Lease Sale Date: 07/11/2012

Two tracts of land in Avoyelles brought in $500 per acre with 25 percent royalty each in the state mineral auction on July 11.

Both tracts were located in the northern area of Avoyelles at or near the Catahoula Parish border. The winning bidder was EOG resources, Inc. That company is already drilling its first well in the Brouillete area.

TRACT KIND ADV TRACT NUM PARISH, TOWNSHIP& RANGE, AREA& BLOCK TRACT ACREAGE LEASE NUM BIDDER NAME BID ACREAGE LEASED ACRES BONUS LEASED PRICE PER ACRE RENTAL OIL ROYALTY GAS ROYALTY BID NO

42753 AVOYELLES, CATAHOULA

Sections 19, 20, 21, 28, 29, 30, 31, 32, 33, 4, 5, 6 T02N, T03N R05E 80.000

Lease No. 20978

Bidder name: EOG RESOURCES, INC.

Bid Acreage 80.000 80.000

Bonus Leased $40,000.00

Price per acre $500.00

Royalty .25

42754 AVOYELLES

Sections 10, 11, 12, 13, 14, 15, 22, 23, 24, 25, 26, 27 T01N R05E 20.000

Lease No. 20979

Bid Acreage 20

Bonus Leased $10,000.

Price per acre $500

Royal .25