Name of the Property

Type

June 30, 2015 (Unaudited)

December 31, 2014

Rogers County, OK - Glass Lease

Oil

$

—

$

221,000

Rogers County, OK - Phillips Lease

Oil

—

130,000

Rogers County, OK (9) Leases

Oil

—

378,600

Chautauqua County, KS - B&W Ranch Lease

Oil & Gas

75,000

Chautauqua County, KS - Charles & Nancy Smith Lease

Oil & Gas

24,750

Chautauqua County, KS - Lloyd & Patricia Fields Lease

Oil & Gas

14,400

Chautauqua County, KS - Rinck Lease

Oil & Gas

24,750

Wilson County, KS – Farwell, Puckett & Farwell/Eagle Lease

Oil & Gas

251,208

Doug & Wendy Strauch – Brown Lease, Montana

Oil & Gas

5,040

—

Nowata County, OK (4) Leases

Gas

—

35,000

Shackelford County, TX – Terry Heirs

Oil

9,722

404,870

1,164,430

Asset Retirement Obligation

4,718

4,000

Impairment allowance

(150,914

)

(919,603

)

Total

$

258,674

$

248,827