Guymon, OK 73942(Texas County)

POSSESSION: Cropland shall be upon closing and harvest of 2024 Fall crops, or December 31, 2024 whichever comes first and Mineral Rights shall be immediate upon closing.

FSA INFORMATION: DCP Cropland 315.37 acres

Base Acreage PLC Yield

Wheat 19.10 Acres 38

Corn 294.80 Acres 188

Total 313.90 Acres

LEASE: Selling subject to the written lease agreement which is in place thru 2024. Buyer shall receive the cash rent payments for years 2022, 2023 and 2024, payable on November 1. Contact the office for details of the written lease.

MINERALS: Royalty Interest is believed to be to and in the E/2 of S9-T4-R15 Less a .25 Acre Tract in NE corner of NE/4, N/2 of S4-T4-R15, E/2 of NE/4 S5-T4-R15, N/2 of SW/4 S8-T4-R15, NE/4 of S8-T4-R15, NW/4 of S10-T4-R15, S/2 of SW/4 S10-T4-R15, SE/4 of S10-T4-R15, W/2 of SE/4 in NW/4 of S11-T4-R15, SE/4 of S3-T4-R15 and S/2 of NW/4 S15-T4-R15 Texas County, OK.

2017 $8,403 / 2018 $6,881 / 2019 $6,223 / 2020 $5,301 / 2021 $6,761

Five year income of $33,572 with an average of $6,714.00 annually.

Extreme Energy - W/2 of SE/4 in NW/4 of S11-T4-R15

$4,164.00 (2017-2021 income)

Merit Energy - NW/4 of S10-T4-R15, S/2 of SW/4 S10-T4-R15, SE/4 of S10-T4-R15, SE/4 of S3-T4-R15, S/2 of NW/4 S15-T4-R15, N/2 of S4-T4-R15, E/2 of NE/4 S5-T4-R15, N/2 of SW/4 S8-T4-R15 and NE/4 of S8-T4-R15

$14,097.00 (2017-2021 income)

Scout Energy - E/2 of S9-T4-R15

$15,309.00 (2017-2021 income)

IRRIGATION EQUIPMENT:

All irrigation equipment is tenant owned and consists of one Valley 20-tower pivot, two Cummins motors fueled by natural gas and one DeRan dual gearhead.

WATER RIGHT INFO:

Permit #19550603. Well #1335 and #1336 are both located on the E/2 of 9. Reported water production is 1,000+/- GPM. Water is shared with and provided to the W/2 of S9-T4-R15.