New Mexico Acreage Package


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NEGOTIATED TRANSACTION

New Mexico Acreage Package San Juan County, New Mexico AVAILABLE FOR REVIEW WPX Rosa Unit 640H Peak IP 30: 6.3 MMcfd 2 mile lateral Frac: 15MM Lbs Normalized 10k EUR: 11 BCF

BP Blanco NE Unit 1H Peak IP 30: 12.9 MMcfd 2 mile lateral Frac: 24MM Lbs EUR: 16 BCF

WPX Rosa Unit 642H Peak IP 30: 5 MMcfd 1 mile lateral Frac: 8MM Lbs Normalized 10k EUR: 15 BCF

Sealed Bids Due May 31, 2018

San Juan Basin - 12,733 net acres

OPPORTUNITY HIGHLIGHTS • All depths below the Mesa Verde • 85% HBP • 80 net horizontal locations

(281) 873-4600 OGAC2018042551442NT

• 2 productive Mancos zones • 13-19 BCF/well • Additional upside possible in the Dakota and Burrow Canyon www.ogclearinghouse.com Oil & Gas Asset Clearinghouse, LLC 2018

NEGOTIATED TRANSACTION

New Mexico Acreage Package San Juan County, New Mexico

Evaluation Data Available at

Business Development and Negotiations Team Patrick DaPra

Vice President - Negotiated Transactions [email protected] (832) 601‑7655

Amanda Novak

Business Development Houston [email protected] (832) 601-7614

Data Room Now Open at www.ogclearinghouse.com Sealed Bids Due May 31, 2018 Contact Clearinghouse: Patrick DaPra

VP - Negotiated Transactions [email protected] (832) 601-7655

George Soulis

Vice President - A&D [email protected] (303) 570‑3761

Matt DaPra

Manager - Business Development Midland [email protected] (713) 277‑7923

Amanda Novak

Business Development Houston [email protected] (832) 601-7614

Koch Exploration Company, LLC (“Company”) is selling certain leasehold assets in San Juan County, New Mexico. Oil & Gas Asset Clearinghouse, LLC (“Clearinghouse”) is the exclusive technical, marketing, and transaction advisor for this sale. The Company and Clearinghouse make no representations or warranties, either expressed or implied, as to the accuracy or completeness of this information or its suitability for any purpose. The sales process contemplated herein is not exclusive. The Company and Clearinghouse reserve the right to withdraw all or any portion of the assets or change all or any terms of this sales process at any time without notice to any potential purchaser.

www.ogclearinghouse.com OGAC2018042551442NT

(281)  873-4600

Oil & Gas Asset Clearinghouse, LLC 1235 North Loop West, Suite 510 Houston, TX 77008 (281) 873‑4600

Clearinghouse has participated in the sale of over $13.2 billion of assets. We market operated and non-operated producing working interests, overrides, royalties, minerals and non-producing leaseholds to our database of over 20,000 registered and approved buyers and sellers.

[email protected] Oil & Gas Asset Clearinghouse, LLC 2018