LIST OF ECONOMIC TABLES Table No. Summary Economic Analysis Cash Flow Total Proved + Probable + Possible....................................................................... 1 Proved Developed Producing ................................................................................ 2 Proved Developed Non-Producing ........................................................................ 3 Proved Undeveloped.............................................................................................. 4 Total Proved........................................................................................................... 5 Probable Undeveloped ........................................................................................... 6 Total Probable........................................................................................................ 7 Possible Undeveloped............................................................................................ 8 Total Possible......................................................................................................... 9 Tabular Summary of Economic Analysis All Reserve Categories ....................................................................................... 10 Gross Ultimate Reserves, Cumulative Production All Reserve Categories ....................................................................................... 11

DEFIiIITIOI{8 OT OILA}ID GAS RESERI'ES Ada$ed fio{rr U.$. Sm*ilie ard Exdurqe Gonxnlssbn Rqutation S*X See*bn 210.410{a) (22) Pr"r€d oil a$ g[:rs rpserves- Provd oi] ard gs ress\fcs ate ltnse $Ja$tiths of oil ard ga+ wlricfi- by ana]pis of g€oscier@ ard egArmrirqg *atA sr ba esffi wiEr lrasde eertaftty to be ecssni$y go*cbb-*orn a giysrt date forund, fsn lanann reserwirs, and un&r eds{irxg eonornic cordilisrs" operatiqg m€trtodq ard g$,erruner* regufations--pdor to the trne at wirbtr conhacts pro\ridn€ the dght to op€nab eryir€, unless evUsnce indicabs thal reneual is reasma$ cartairl r€aress of uf,etler deterministlc or pr$abilis{ic rrpfipd$ are usd for tlu elirnal*xl" The pnfrxt b extract Ute hydtocarbms must luve omrnenoed orlte operatcr rnust be reasmattty oertain that it rufr crxnmenoe {re project wihin a reasnbletin€- ti) The area of fte rcsenoir consllered as pr\Ed irdudss: (A) The area lder{it* by Crnfg ard l!n&d fy eX* wre, ff any, ad F) ndfirent un&iIed portkrrs d the reservoir that carL ltith reasmabb certainty, be lr&Fd !o be continuors with it and to mntrain eoonomicdfi producibb oil or gas on the bmis of arrailabb geccience arder€irwri4 data. ($) In the absenae of dala on ftlid wrtacb, g,oved quantilies in a re*rwir ara limibd by ffte lurest known hyecarbons {LK}$ as een in a uell pene*ratbn u$h geoscience, erqineering, or periownance data and rofiable t€drnology establishes a lor,uercontact with reasonable certainty {ib) W}lse dimd obsmra(lm ftom rfie$ Fsplratirqs .ira;.l &fured a h$irsf !.rlr{rrr oil {HKO) pentta*atstsfor a* amcided gascap, poved oil rreaves ney be assigrrd intestucer*y higlerpdtiqrs d the resenoir orty if ge6*srs, engineedng, or perbnmnce datr and tdiate bchrr*ogy staHi$ lhe higter oontact txfth rcasonaue @rtainty. (iv) Resentes dricfi can be podnccd econry*;afy fuul$h apdkdbno* inesot* recovery Uefr**s (ircUUir4, b$t fiot limited to, flukl injec{bn} are irduded ln lhe gwed dassiMion u*en: (A) Successfirl tesling by a pilot prcjed in an area of the reservoir with poperties no morc faroraUe ftan in the reenaoir m a udrde" &e ryeralbn of an ir$d gogrtan in lhe resenoir or sr anahgous resarvoir, s aher entifure usirq rffi te*mobgy estaffiFs tr rcmor# cebirfy of fe ergircerirg anafsb on wtrhh the profec* or pr€ram vre bced; and (B) The projoct has been approved fur dewlopment by all nwsary padies ard entlbs, irduding govemnwrtd enlitbs-deternred. The trb sftd be lhe average Frice duriqf fre 12-rnor$ perlod elor O the endiqg date of lhe perftd covercd by the repo( detsmined as an unwelghted adthmetic average of the firctday-of-tre-month price brasstt rnofst uli$tbr srrctrpeioq unl€s *ricssare ddrosd by cmlractral anargennnts, exdlding es*liorp ba.sed upon t{ure c$diti?rxl" (nl Prcved WWrtlas" PrWrtie wiEr poved rcserues. (24) Raasonae @fiainty- f delerminis{ic neftods are us€d, reasonabk ccrtahty rn€ans a t{$ degrree d canfderree that Sle Srat*lties trt? be recsvered. tf fobsbtrk*ic rn€*fro{b ale usd, there sffrrH be at least a S6 probsillty *}at the quentities aefuatfy rcovered wilf equal or exceed the estimate. A high degree of oonfidence exisls if the quant'ty is mucfl nnre Skely to bG ac*$eued |har noil, ard* s dtar€ss dte !o increased a\railabmiity of g€w:ience {get*ogical, g€opb.sical, and geocfrenScalh erqgfoleertr$ ad essnb& eie lr* ta efued tdime remsy(EuRlu,ffr tfre, reawn$y erfain EUR is rw.rch nwe ftdy to inscase s rsmh wtstant lhan b decrrce. Wl Reciabte bldrnfuy- Rdiabb tech@y is a grapiryg of sre br ;rse tectxlobgbs Snc[drb cotre*Xlon* trp*pCs] $at has been Sdd tesbd ard hs been demons$aM to provtJe reasoneHy ertatn re$gts with sn:*stency ard repeahbillty in the format*on beirg evahmiled ar in an analogorc funnatkvt {26} Resrvos- Reerves arE estitnabd rernaining qwrtries, of oil a'rd gre and rclded substances anffpabd b be eenomt*ypro*'#,asdagienddq lyaffingrnddevdoprer*piecFbklowrtacctrndatim- Ft#*rn,fere must exist, or ttE|e mus* be a reasstabb erpedaltm ftat there wi$ exist, $e bgd 'kfrt b por*e sa rer€ffre inbrcst in the prcduction, instafbd means of delivedng c$l and gas or'rehted substanes to market, and ail permlts and financing required to impbnnr* tre poFct

D€FITSTPIISOF OTL A}ID GAS RESERI'ES Ada@ fun U.S. Securities a$d E-xc}range Ccrnm*x'kn Rquld}en SX Sec*btt 210.+10{a) f,Iofe !o paragrqpn {aufi): Reserrres s}rs$d not ba s*ynd to adiacent rcserrnrin Lsolaled by rmior' pcfi€nliafy seding, fau}ts unti{ tfme raserr,girs arui petetr*rC ard e\r*Eted s eaorwrftdy pto*tc*- Reserves shotSd rP* bc G{{F}Bd to aeas that are dearryseparatedhuna krgnaccunudation bya nonpdrclbre Gentoit (te-, aberEeaf resewoir' s8ucttttdyh, reservoir, or negniirre test resufb). Sucfr arss may conbin rcsouroBs (i.e., po0enfnlly r€oowrable rasqrrces fiom undiseovered ffiLurrulafions)- Exce]ry/cd tr(l'lttn FASB r'.ff,o{rding Stardads Mn Tcfb 98?- Etd|,arfw r'ps,ffos--ot afld @s-' g}2-?8}-il-3o As'andanfaetn!'as.r|a dftfrsco|'ft'ledf,rtIenc{casfifiorc r€ffW !os?sr&r/sin6e'asf$ indtoffE'_ lbfio*ry sf|al be Msed as d tn and d te yw a. Pwved d urdgns rewrves (seeparagqphs 9&-2ifl5+5&3ttuaugh 6$1tB) O- Of aU gBs srnQfid fo prncf12oe |frrff ft1ry.en srepf, pgngrtase, cx.si?fa agcBcfrlefft sd co'fads fi ndtE t tts e*y W *r flL qclrdbn * ue]prryperdeis-or irdrHr tle d u gns is beatud r offrerniss svss as fie Ilp sfiardadhed ttF€Nilre ddfsoor,n(Ed fuarenef casfi f,oK t*ffl(I b &rc trn llpes of an{eras*s n rwnrc Ray & wnMfurrWd@pcPosas. g32-2S.5G3t Ar 6 tu ffinW tMin saaf oe r*rfomd tr fie qggrqsae 4 tu 4, gsqgrqphft a.€a tu wrtwt norw qug1r6ifrg6. ae MN itt emidaurw wtfr lnragqf,ra 5#312'23;5r*3 tttot*gtt ffi'l I B: a- 6rtre cadr,Frtuirs- ?hes sfg &e 6p11rry#d Uy ryryi|ir4gpims ted rh m*q fte anff1/s protad of atd oas rgaerves b.W yggtanrrd qg6r4bs of frqs tesen.6s' f!,tere prkp dtfl'g6 drdie sl*ersd W b t* et&'..t pavn&ld bV wrWH sttwprcr* in exidiene d p-afl-0- -Fdne 6gr6hp5p{ aaO go6[dnoa m- ffnse cos*s shafi &e errlidrd Qf _e nnafirg-ttr eryendEfrres-0 be ,lrqured in dhie&tr*fg axi p*r*g flp N d and gre resaruu d fte sd of fie year' based on par'ed m$ and gss[anfg cr;*fxm; dexbihqgr wEirrc mndfus- trffid dctEfqpnad elrymmras a|t? sffian{' fpy s|tafi Oe pe$erted sry.ffiy {rwn dfina{udpodtrtur msfs-e- F*xe engp1trc tat eleenw. ffrere erpeftses shafl 6e ooredeA Ay eply&tg &re W** *d #t*uy tax r66s, ndrconr*brai1yrof t*refg5dos*ae@OgisHo4 bterirtrppta(arrno{casft f,filsr#irqrlo&aan djls W A a* gps rgsers"q 355 fia fax [aqt'$ dlte pryrfier ilr'{dicd,- Ttrtuhele brulnp lar alqpesas sha! dte 'ermc* o |at e*t&p sd tar c:eds sd furm te*affrEr [D fte acffiys- go't€d of *d gre rewvm d. Fubre nef casr |fors. ?hese arprmes are tlp rosrdt of $6{racdfpt frrtre delrelWnrrrt ad prfrnfrm costs and fimra ftoorp tu erpenoes forn ltfr'€ casft ffi|rs-a l)*emmt ll15. 4n;,rt shaf [e ffi fiulr whg a dsnut t* d 10 gr''.f,gl* a y3{er b ,"ftcf &e ffitg 6 fu ftfrra d casirens r#b1grb @ dl td !F tesl,es-t W rrraa$are d cfrsE&*xd fitune nd cdr lbu6. Th{6. *t7p/,xt is Ute fidre rct casft fuffi kss fte cffiqq{rbd#sffinf. (27) Resenofr. A poroc arx* p6rrt# unfu$nsd ffibn w$ainirg a rdurd m.6ruHbt of proerffe o[ 4rdfur gss that is confned by lmpenreae rod<swaterbanklrs artd blndivi&dar$separatefiomdherrcsenoFs" (2SlResanraes, Rsoqncesalequarditbof dtardgps6t*natedbeldrtinnat#dtsoccunir4acatmetkxe- ABortionof itre'resonraes may be e€*imabd b be recoverabb, and andrer Bo{i,on may be €onsUercd !o be unrwverable. Resources incslda botf! dbcorlg€d ard undiscovered aeurnulatists. {2g}$entcsnd- Alrcg*is€dorcognpb#dforttnprrrpceofsrppssliqgpco(hJc{ioninan€0dsetgfieH- sF€{*ficryrpoeesof ;.tfuudb irrckdegqsi4iecilo-. *i"lnpcnsr, s{g*nintedtgl, af nritx**xr,safr*nrEnw-cdbrsup$yforln**lst' obseryation, cr init$sr br Frsilu comh.rs$on tS0) Satsogrqptrb bst $d A stral[rapl$r: test ud b a d$[re eft{t @y direded,-b-obfialn ir&nrFtls} perblnfore b i dpecinc-+i*og[c oordiuon. Su*r'retts asiomarily are drilled the intent of b€irqt conSted for lyCryq9{on pro6gc*!gfr-- ffre Aagcagrr ab iw*udes tst8 klentified as oore t€€t8 ard aA typ6l of experdable f#s rclated b iryOroca6on exploralion. Stratigraphic tesb are classified as "erpbratory t1rye'if not dnlhd in a knoum anea or'development type" if di$6d ina knox* area.

DEFITIITIOilS OF OIL AIID GAS RESERT'ES Adaped fiom U.S. S€curiti€s and B€hange Conrmission Ree&rh$on S-X Sec{ion 210.+10{a} {31} Unda@ed odl ard gras ,e$an€s- Urderdoped oil aud gs t€s€nt€s are resen e€ of any cabgrrry thot are elqected to be leco\rered iionr nerr ur* sr r.dllbd adeags, or from existirg ueffs nfpre a reea$vdy maiu atpenrXtw is requird fur rewnpbtion. {i) Resen*es on trndd}M ffiqe shd be Smltsd to fue @ orepmU spa*lg arc lhatm rcasonat[y certain of producdion when drilled, unless evidence usirg reliable techndogty exists $tat stabllshes reawef*e certainty of ewmnlic proOut l*llty at grsa{er dlstences. (ii) Undrilled bcations can bo chssifigd as having undewloped nesBnros only if a dovebpm€nt plan has been dopted irrffiirE fut $r€y are scbedrded to be drissd wiF*n fnrc years, unles SF $pscifa circunstances, iudiryabng€rftre. Frorr fre SF6-S &*rryfn*t* a# Oiscb$rc morpecanms (W fr, 2(N)): /r#/r,f/4gh *r,e'al tyrc d f,/oie'6 * $rcrr ss oorsfucttrg ofrhre @trs *d @t'r€,* ir, .*W, s€Exr, tstpfe bcafrons u *y*orn*An* *msffi6l bcd*rrs - W |lfr*lffilre fdre a bgm liTF b d€vdQ and-fiereere-ofig[t & nary hfgEr tip pro, d'h ffitm nusf atueys & tuo consi.&rdbvl afi of fF bcts ad aircunrsfrries'f1p WeuW ryb d 61trie6 per *lusm.s a brger ttrrn rrlliod, xrt any extareim W five Was- sl,atW be fte ercq{ton, ad not te nle.- Facfas M a wrpryr sfior# 6gr15fiftr Bn W ttffiw s not c*urmstanoas fiNffiy rW*Ang rqErv6 qrgrl u.rl@n @meritrrarelarpa*frrc pars emft*' bt se nd W n, are ffiatd4gi .. ?he oarpa6/13 inddwryn*lgr sifaim** *r@rpr* acfifra* m {fe atw tu be derehpad €w alaeryif, *{EW o*y te-nihnla;la7- MM ornctrs neessary b nlaffir fie lw ga.lrr.dy nottr ttof dlsilfrde st!flnffioant er@rs*acnaeqf .. Tlc anrynfs tfistor*d rcwd d ollT&;ltuA Wrcft 6 corWe nng"tem., p*to{orf9; .. ?tE arnurf of lirm na rrtddt &e @&trgrry. ftas maffi&red flte has$; tr0oolced &e resm, rflfiqd sgrUnca* *rc@aan*q' .. Ttn eM b ffit tte @/rWry''as lb&nod a p.E',iw*f a@d dpdp&tnn Mt W e',,'.ry/f" if a fxnrl,fi'ty, trc W rc 66wrrynqt pftan srrerd tincs utrratt tat*g sbnma* sfsp$ fo irrry&net my 6 fpse @ns telcrog*zlng pr.olreld rmdere@drasetws @y votdd notDe 4pgn@L trtd .. TtE exAr* O utrrcfr dalls bt W are oaused by etdg.zrgd hcilors raffid to ta @ ofpra&ry ubolarngrrr W ewt*, rastifxs u, Wrst qr f M, M not @ Wtttwt PnW, t&w tw, W er6prrl4 ,btrrs W s.s*, sfdlhgl restrm O GruS prqper&Es YdE, higtw Pte*. tiii) Urder no circunrstarws shall eslimabs for undereloped reservea be at$ifutaHe to any acreago br which an appscetim d&$d lntedkyr or offrer lrnproved rsrrery glr$qlre b cor*errplated, urb sttcfi tecfinlques he\re been proved effectiw by acfrJal proiacts in the same reservoir or an analogous reservoir, as defined in paragnaph {aXZ} of S*: sedirxl or by o$er erridence rxre}g relit$le techrdory estaOlisttl€ reasstat& eerhinty, (}z}Unprwad ryertbs Pmpenies with no prowd rserves.

Year Helium ---- MMcf ----- Gas ----- MMcf ----- NGL ----- Mbbl ----- Helium ----- MMcf ----- Gas ----- MMcf----- NGL ---- Mbbl ---- ------------ Estimated 8/8 Ths Production ----------- ---------------------- Net Production ---------------------- NGL - $/bbl - Helium - $/Mcf - NEW ERA HELIUM CORP. Reserve and Economic Projection As of 7/1/2023 Wells Gas - $/Mcf - MKM Engineering TABLE 1 Total Proved + Pr obable + Possible 2023 395 0.00 0.00 828.24 0.00 0.00 423.64 0.00 0.00 3.88 2024 421 11.32 105.01 3,045.95 9.09 92.72 1,761.65 450.00 33.13 3.67 2025 452 36.98 352.95 6,863.06 28.82 292.91 4,085.80 450.00 33.13 3.57 2026 470 38.16 363.77 7,033.16 29.64 299.33 4,181.07 450.00 33.13 3.57 2027 488 38.24 364.21 7,016.94 29.65 298.00 4,165.22 450.00 33.13 3.57 2028 506 39.22 374.46 7,181.42 30.37 304.15 4,256.16 450.00 33.13 3.57 2029 521 39.29 376.67 7,199.55 30.13 302.32 4,233.28 450.00 33.13 3.57 2030 537 39.13 376.98 7,185.84 29.32 295.04 4,131.96 450.00 33.13 3.57 2031 553 39.38 377.76 7,181.89 28.42 284.24 3,980.16 450.00 33.13 3.57 2032 565 39.89 378.70 7,182.73 27.92 276.71 3,874.79 450.00 33.13 3.57 2033 579 37.94 359.07 6,810.43 27.34 269.90 3,780.35 450.00 33.13 3.57 2034 592 39.16 370.18 6,997.61 28.07 275.84 3,868.76 450.00 33.13 3.57 2035 599 37.21 353.86 6,688.99 25.89 257.07 3,603.28 450.00 33.13 3.57 2036 607 34.90 338.42 6,397.39 24.31 245.18 3,435.85 450.00 33.13 3.57 2037 615 33.29 327.43 6,185.36 23.12 235.64 3,302.06 450.00 33.13 3.57 After 23,695.19 435,436.78 16,779.50 238,868.11 Total Ult. 764,002.28 2,862.52 28,514.65 529,235.34 2,029.98 20,508.55 291,952.13 Cum. Sub-T 33.13 3.57 33.13 3.57 4,819.47 93,798.57 3,729.05 53,084.02 33.13 3.57 28,514.65 0.00 234,766.94 504.10 2,358.42 0.00 2,862.52 372.10 1,657.88 450.00 450.00 450.00 Gas ------ M$ ------ Helium ------ M$ ------ Other ------ M$ ------ Year ----------------------------------- Company Future Gross Revenue ---------------------------------- NGL ------ M$ ------ Total ------ M$ ------ Prod Tax ------ M$ ------ Adv Tax ------ M$ ------ after Sev & Adv ------- M$ -------- ------- Prod & Adv Taxes ------------ Revenue ---- 2023 0.00 0.00 1,642.92 54.98 1,697.90 89.59 11.58 1,596.73 2024 4,091.42 3,071.67 6,460.76 127.94 13,751.79 596.68 435.05 12,720.07 2025 12,969.05 9,703.04 14,578.08 228.33 37,478.50 1,696.86 1,581.03 34,200.62 2026 13,338.89 9,915.75 14,918.02 306.29 38,478.94 1,738.53 1,627.98 35,112.44 2027 13,343.82 9,871.79 14,861.44 299.01 38,376.05 1,731.04 1,626.97 35,018.05 2028 13,666.01 10,075.66 15,185.92 291.12 39,218.72 1,767.11 1,667.92 35,783.70 2029 13,560.26 10,015.04 15,104.28 268.17 38,947.75 1,756.01 1,659.25 35,532.48 2030 13,195.86 9,773.85 14,742.77 247.18 37,959.66 1,713.14 1,617.99 34,628.53 2031 12,790.50 9,415.90 14,201.15 229.71 36,637.25 1,649.86 1,562.19 33,425.20 2032 12,564.94 9,166.35 13,825.19 215.37 35,771.86 1,605.74 1,526.69 32,639.43 2033 12,300.78 8,940.83 13,488.24 201.82 34,931.66 1,566.01 1,492.24 31,873.42 2034 12,631.55 9,137.85 13,803.67 190.42 35,763.50 1,600.84 1,532.51 32,630.15 2035 11,649.99 8,515.81 12,856.46 180.24 33,202.52 1,491.53 1,419.56 30,291.43 2036 10,940.60 8,121.93 12,259.09 171.57 31,493.18 1,422.34 1,344.31 28,726.53 2037 10,402.20 7,805.91 11,781.72 162.80 30,152.63 1,366.86 1,286.21 27,499.56 After 852,278.34 Total 913,491.38 679,382.66 1,041,988.06 3,602.66 6,777.60 555,851.27 Sub-T 2,641,639.70 2,157,777.79 119,553.27 97,761.14 115,488.67 95,097.21 2,406,597.76 1,964,919.43 167,445.87 123,531.39 189,709.72 3,174.93 483,861.91 21,792.13 20,391.46 441,678.32 746,045.51 Cumulative ------- M$ ------- Annual ------ M$ ------ Disc. Cum. Annual @ 10.00% ------- M$ ------- ----------------------------------- Deductions ----------------------------------- -------------------- Future Net Income Before Income Taxes -------------------- Trans. Costs ------ M$ ------ Net Investments ------ M$ ------ Lease Net Costs ------ M$ ------ Net Profits ------ M$ ------ Undiscounted Discounted Ann @ 10.00% -------M$ ------- Year 2023 296.54 8,250.00 550.73 0.00 -7,500.54 -7,500.54 -7,253.78 -7,253.78 2024 606.38 35,989.27 1,522.04 0.00 -25,397.62 -32,898.17 -23,494.29 -30,748.07 2025 669.30 20,089.67 3,064.35 0.00 10,377.30 -22,520.86 8,236.49 -22,511.58 2026 713.35 11,935.28 3,135.81 0.00 19,328.00 -3,192.86 14,236.73 -8,274.85 2027 747.97 11,828.53 3,123.91 0.00 19,317.63 16,124.77 12,876.92 4,602.07 2028 781.86 11,501.67 3,192.12 0.00 20,308.05 36,432.82 12,258.77 16,860.84 2029 814.05 9,274.65 3,174.96 0.00 22,268.83 58,701.65 12,151.53 29,012.37 2030 840.44 8,956.07 3,098.97 0.00 21,733.05 80,434.70 10,730.99 39,743.36 2031 863.66 7,836.73 2,985.12 0.00 21,739.70 102,174.40 9,744.90 49,488.26 2032 886.01 7,054.11 2,906.09 0.00 21,793.23 123,967.63 8,836.87 58,325.13 2033 907.11 8,503.31 2,835.26 0.00 19,627.73 143,595.36 7,211.57 65,536.71 2034 931.33 6,897.50 2,901.57 0.00 21,899.75 165,495.12 7,273.86 72,810.57 2035 944.25 4,023.34 2,702.46 0.00 22,621.37 188,116.49 6,827.37 79,637.95 2036 957.79 4,710.44 2,576.89 0.00 20,481.42 208,597.91 5,579.09 85,217.03 2037 969.09 4,359.06 2,476.55 0.00 19,694.86 228,292.77 4,855.76 90,072.79 326,277.56 1,336,505.97 48,759.85 134,913.94 122,984.82 219,397.90 179,151.08 487,487.17 1,564,798.74 1,564,798.74 138,832.63 Sub-T After Total 0.00 11,929.12 161,209.62 40,246.82 0.00 228,292.77 90,072.79 90,072.79 0.00 138,832.63 1,336,505.97 48,759.85 228,292.77 Present Worth Profile (M$) PW 8.00% : PW 10.00% : PW 12.00% : PW 15.00% : PW 20.00% : PW 25.00% : 191,002.39 138,832.63 104,654.87 71,436.74 39,643.78 21,594.30

Proved Rsv Class Producing Rsv Category Year Helium ---- MMcf ----- Gas ----- MMcf ----- NGL ----- Mbbl ----- Helium ----- MMcf ----- Gas ----- MMcf----- NGL ---- Mbbl ---- ------------ Estimated 8/8 Ths Production ----------- ---------------------- Net Production ---------------------- NGL - $/bbl - Helium - $/Mcf - NEW ERA HELIUM CORP. Reserve and Economic Projection As of 7/1/2023 Wells Gas - $/Mcf - MKM Engineering TABLE 2 2023 395 0.00 0.00 828.24 0.00 0.00 423.64 0.00 0.00 3.88 2024 395 0.00 0.00 1,601.50 0.00 0.00 843.80 0.00 0.00 3.74 2025 395 0.00 0.00 1,539.36 0.00 0.00 844.80 0.00 0.00 3.57 2026 395 0.00 0.00 1,484.72 0.00 0.00 814.98 0.00 0.00 3.57 2027 395 0.00 0.00 1,432.14 0.00 0.00 786.27 0.00 0.00 3.57 2028 395 0.00 0.00 1,385.23 0.00 0.00 760.66 0.00 0.00 3.57 2029 395 0.00 0.00 1,332.61 0.00 0.00 731.89 0.00 0.00 3.57 2030 395 0.00 0.00 1,285.62 0.00 0.00 706.20 0.00 0.00 3.57 2031 395 0.00 0.00 1,240.34 0.00 0.00 681.44 0.00 0.00 3.57 2032 395 0.00 0.00 1,199.91 0.00 0.00 659.34 0.00 0.00 3.57 2033 395 0.00 0.00 1,154.49 0.00 0.00 634.49 0.00 0.00 3.57 2034 395 0.00 0.00 1,113.93 0.00 0.00 612.29 0.00 0.00 3.57 2035 395 0.00 0.00 1,074.51 0.00 0.00 590.70 0.00 0.00 3.57 2036 394 0.00 0.00 1,039.49 0.00 0.00 571.53 0.00 0.00 3.57 2037 393 0.00 0.00 999.93 0.00 0.00 549.84 0.00 0.00 3.57 After 0.00 24,413.41 0.00 13,475.54 Total Ult. 277,892.36 0.00 0.00 43,125.43 0.00 0.00 23,687.42 Cum. Sub-T 0.00 3.58 0.00 3.57 0.00 18,712.02 0.00 10,211.88 0.00 3.60 0.00 0.00 234,766.94 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Gas ------ M$ ------ Helium ------ M$ ------ Other ------ M$ ------ Year ----------------------------------- Company Future Gross Revenue ---------------------------------- NGL ------ M$ ------ Total ------ M$ ------ Prod Tax ------ M$ ------ Adv Tax ------ M$ ------ after Sev & Adv ------- M$ -------- ------- Prod & Adv Taxes ------------ Revenue ---- 2023 0.00 0.00 1,642.92 54.98 1,697.90 89.59 11.58 1,596.73 2024 0.00 0.00 3,159.66 106.27 3,265.92 185.20 23.90 3,056.82 2025 0.00 0.00 3,014.23 102.09 3,116.33 194.36 25.03 2,896.93 2026 0.00 0.00 2,907.85 98.43 3,006.28 187.50 24.15 2,794.63 2027 0.00 0.00 2,805.42 94.90 2,900.32 180.89 23.30 2,696.12 2028 0.00 0.00 2,714.01 91.75 2,805.76 175.00 22.54 2,608.23 2029 0.00 0.00 2,611.38 88.22 2,699.60 168.38 21.68 2,509.53 2030 0.00 0.00 2,519.73 85.07 2,604.80 162.47 20.92 2,421.40 2031 0.00 0.00 2,431.38 82.03 2,513.41 156.77 20.18 2,336.45 2032 0.00 0.00 2,352.51 79.32 2,431.83 151.69 19.53 2,260.61 2033 0.00 0.00 2,263.84 76.28 2,340.12 145.97 18.79 2,175.36 2034 0.00 0.00 2,184.65 73.56 2,258.21 140.86 18.13 2,099.22 2035 0.00 0.00 2,107.60 70.92 2,178.53 135.89 17.49 2,025.14 2036 0.00 0.00 2,039.21 68.58 2,107.79 131.48 16.92 1,959.38 2037 0.00 0.00 1,961.82 65.93 2,027.76 126.49 16.28 1,884.98 After 48,080.56 Total 0.00 0.00 84,796.79 1,524.96 2,763.27 0.00 Sub-T 87,560.07 49,605.53 5,429.40 3,096.85 697.16 396.72 81,433.51 46,111.96 0.00 0.00 36,716.23 1,238.31 37,954.54 2,332.55 300.44 35,321.55 0.00 Cumulative ------- M$ ------- Annual ------ M$ ------ Disc. Cum. Annual @ 10.00% ------- M$ ------- ----------------------------------- Deductions ----------------------------------- -------------------- Future Net Income Before Income Taxes -------------------- Trans. Costs ------ M$ ------ Net Investments ------ M$ ------ Lease Net Costs ------ M$ ------ Net Profits ------ M$ ------ Undiscounted Discounted Ann @ 10.00% -------M$ ------- Year 2023 296.54 0.00 550.73 0.00 749.46 749.46 728.01 728.01 2024 593.08 0.00 897.08 0.00 1,566.66 2,316.11 1,409.10 2,137.11 2025 593.08 0.00 633.60 0.00 1,670.25 3,986.36 1,363.21 3,500.32 2026 593.08 0.00 611.24 0.00 1,590.31 5,576.67 1,175.01 4,675.33 2027 593.08 0.00 589.71 0.00 1,513.33 7,090.00 1,012.22 5,687.55 2028 593.08 0.00 570.49 0.00 1,444.65 8,534.65 874.66 6,562.22 2029 593.08 0.00 548.92 0.00 1,367.53 9,902.18 749.41 7,311.63 2030 593.08 0.00 529.65 0.00 1,298.67 11,200.85 644.26 7,955.89 2031 593.08 0.00 511.08 0.00 1,232.29 12,433.14 553.42 8,509.32 2032 593.08 0.00 494.50 0.00 1,173.02 13,606.16 476.86 8,986.18 2033 593.08 0.00 475.87 0.00 1,106.41 14,712.57 407.10 9,393.28 2034 593.08 0.00 459.22 0.00 1,046.91 15,759.48 348.72 9,742.01 2035 591.35 0.00 443.02 0.00 990.77 16,750.25 298.76 10,040.77 2036 590.68 0.00 428.65 0.00 940.05 17,690.31 256.59 10,297.36 2037 588.77 0.00 412.38 0.00 883.83 18,574.14 218.35 10,515.71 0.00 7,143.46 1,200.61 37,453.12 28,861.85 18,262.80 10,106.66 0.00 25,717.59 25,717.59 11,716.32 Sub-T After Total 0.00 8,591.27 0.00 8,156.14 0.00 18,574.14 10,515.71 10,515.71 0.00 11,716.32 7,143.46 1,200.61 18,574.14 Present Worth Profile (M$) PW 8.00% : PW 10.00% : PW 12.00% : PW 15.00% : PW 20.00% : PW 25.00% : 13,425.79 11,716.32 10,366.80 8,814.64 7,024.41 5,819.37

Proved Rsv Class Non-Producing Rsv Category Year Helium ---- MMcf ----- Gas ----- MMcf ----- NGL ----- Mbbl ----- Helium ----- MMcf ----- Gas ----- MMcf----- NGL ---- Mbbl ---- ------------ Estimated 8/8 Ths Production ----------- ---------------------- Net Production ---------------------- NGL - $/bbl - Helium - $/Mcf - NEW ERA HELIUM CORP. Reserve and Economic Projection As of 7/1/2023 Wells Gas - $/Mcf - MKM Engineering TABLE 3 2023 0 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2024 1 0.00 0.00 299.14 0.00 0.00 189.06 0.00 0.00 3.57 2025 1 0.00 0.00 662.51 0.00 0.00 418.71 0.00 0.00 3.57 2026 1 0.00 0.00 596.30 0.00 0.00 376.86 0.00 0.00 3.57 2027 1 0.00 0.00 536.71 0.00 0.00 339.20 0.00 0.00 3.57 2028 1 0.00 0.00 484.33 0.00 0.00 306.10 0.00 0.00 3.57 2029 1 0.00 0.00 434.67 0.00 0.00 274.71 0.00 0.00 3.57 2030 1 0.00 0.00 391.23 0.00 0.00 247.26 0.00 0.00 3.57 2031 1 0.00 0.00 352.14 0.00 0.00 222.55 0.00 0.00 3.57 2032 1 0.00 0.00 317.77 0.00 0.00 200.83 0.00 0.00 3.57 2033 1 0.00 0.00 285.19 0.00 0.00 180.24 0.00 0.00 3.57 2034 1 0.00 0.00 256.69 0.00 0.00 162.23 0.00 0.00 3.57 2035 1 0.00 0.00 231.04 0.00 0.00 146.02 0.00 0.00 3.57 2036 1 0.00 0.00 208.49 0.00 0.00 131.76 0.00 0.00 3.57 2037 1 0.00 0.00 187.11 0.00 0.00 118.26 0.00 0.00 3.57 After 0.00 1,673.84 0.00 1,057.87 Total Ult. 6,917.16 0.00 0.00 6,917.16 0.00 0.00 4,371.65 Cum. Sub-T 0.00 3.57 0.00 3.57 0.00 5,243.32 0.00 3,313.78 0.00 3.57 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Gas ------ M$ ------ Helium ------ M$ ------ Other ------ M$ ------ Year ----------------------------------- Company Future Gross Revenue ---------------------------------- NGL ------ M$ ------ Total ------ M$ ------ Prod Tax ------ M$ ------ Adv Tax ------ M$ ------ after Sev & Adv ------- M$ -------- ------- Prod & Adv Taxes ------------ Revenue ---- 2023 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2024 0.00 0.00 674.55 21.67 696.22 43.79 27.68 624.75 2025 0.00 0.00 1,493.94 126.23 1,620.17 100.59 63.25 1,456.33 2026 0.00 0.00 1,344.64 207.86 1,552.50 94.88 59.28 1,398.33 2027 0.00 0.00 1,210.27 204.11 1,414.38 86.19 53.79 1,274.40 2028 0.00 0.00 1,092.15 199.38 1,291.52 78.48 48.92 1,164.13 2029 0.00 0.00 980.17 179.95 1,160.12 70.48 43.93 1,045.72 2030 0.00 0.00 882.22 162.11 1,044.34 63.44 39.54 941.36 2031 0.00 0.00 794.06 147.67 941.73 57.18 35.63 848.92 2032 0.00 0.00 716.56 136.05 852.61 51.73 32.22 768.66 2033 0.00 0.00 643.09 125.54 768.63 46.58 29.01 693.04 2034 0.00 0.00 578.83 116.86 695.68 42.11 26.20 627.37 2035 0.00 0.00 520.98 109.32 630.30 38.09 23.69 568.52 2036 0.00 0.00 470.13 102.99 573.13 34.57 21.49 517.07 2037 0.00 0.00 421.93 96.87 518.80 31.23 19.39 468.18 After 3,774.46 Total 0.00 0.00 15,597.98 2,077.70 4,014.33 0.00 Sub-T 19,612.31 5,852.16 1,174.57 335.22 727.78 203.77 17,709.96 5,313.16 0.00 0.00 11,823.53 1,936.62 13,760.15 839.34 524.01 12,396.80 0.00 Cumulative ------- M$ ------- Annual ------ M$ ------ Disc. Cum. Annual @ 10.00% ------- M$ ------- ----------------------------------- Deductions ----------------------------------- -------------------- Future Net Income Before Income Taxes -------------------- Trans. Costs ------ M$ ------ Net Investments ------ M$ ------ Lease Net Costs ------ M$ ------ Net Profits ------ M$ ------ Undiscounted Discounted Ann @ 10.00% -------M$ ------- Year 2023 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2024 0.00 8,000.00 141.79 0.00 -7,517.04 -7,517.04 -7,063.90 -7,063.90 2025 0.00 0.00 314.03 0.00 1,142.30 -6,374.74 931.29 -6,132.60 2026 0.00 0.00 282.65 0.00 1,115.69 -5,259.05 824.68 -5,307.92 2027 0.00 0.00 254.40 0.00 1,020.00 -4,239.05 682.53 -4,625.40 2028 0.00 0.00 229.57 0.00 934.56 -3,304.49 566.07 -4,059.33 2029 0.00 0.00 206.04 0.00 839.69 -2,464.80 460.41 -3,598.92 2030 0.00 0.00 185.45 0.00 755.91 -1,708.89 375.20 -3,223.72 2031 0.00 0.00 166.91 0.00 682.00 -1,026.88 306.45 -2,917.27 2032 0.00 0.00 150.62 0.00 618.03 -408.85 251.36 -2,665.91 2033 0.00 0.00 135.18 0.00 557.86 149.02 205.37 -2,460.55 2034 0.00 0.00 121.67 0.00 505.70 654.72 168.53 -2,292.02 2035 0.00 0.00 109.51 0.00 459.01 1,113.73 138.48 -2,153.55 2036 0.00 0.00 98.82 0.00 418.25 1,531.98 114.21 -2,039.34 2037 0.00 0.00 88.69 0.00 379.49 1,911.46 93.79 -1,945.55 0.00 4,519.76 454.69 0.00 0.00 3,278.74 793.40 8,000.00 6,431.23 6,431.23 -1,490.86 Sub-T After Total 0.00 0.00 8,000.00 2,485.34 0.00 1,911.46 -1,945.55 -1,945.55 0.00 -1,490.86 4,519.76 454.69 1,911.46 Present Worth Profile (M$) PW 8.00% : PW 10.00% : PW 12.00% : PW 15.00% : PW 20.00% : PW 25.00% : -741.03 -1,490.86 -2,077.51 -2,743.07 -3,481.05 -3,935.22

Proved Rsv Class Undeveloped Rsv Category Year Helium ---- MMcf ----- Gas ----- MMcf ----- NGL ----- Mbbl ----- Helium ----- MMcf ----- Gas ----- MMcf----- NGL ---- Mbbl ---- ------------ Estimated 8/8 Ths Production ----------- ---------------------- Net Production ---------------------- NGL - $/bbl - Helium - $/Mcf - NEW ERA HELIUM CORP. Reserve and Economic Projection As of 7/1/2023 Wells Gas - $/Mcf - MKM Engineering TABLE 4 2023 0 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2024 25 11.32 105.01 1,145.30 9.09 92.72 728.79 450.00 33.13 3.60 2025 56 36.98 352.95 4,661.19 28.82 292.91 2,822.29 450.00 33.13 3.57 2026 74 38.16 363.77 4,952.13 29.64 299.33 2,989.23 450.00 33.13 3.57 2027 92 38.24 364.21 5,048.09 29.65 298.00 3,039.74 450.00 33.13 3.57 2028 96 35.66 338.03 4,651.40 27.79 278.12 2,816.52 450.00 33.13 3.57 2029 96 28.46 265.91 3,424.25 22.22 221.78 2,073.03 450.00 33.13 3.57 2030 96 24.36 224.81 2,750.08 19.05 189.41 1,665.60 450.00 33.13 3.57 2031 96 21.57 197.21 2,316.15 16.89 167.45 1,403.41 450.00 33.13 3.57 2032 96 19.54 177.30 2,013.73 15.32 151.45 1,220.67 450.00 33.13 3.57 2033 96 17.84 160.85 1,776.90 14.00 138.07 1,077.51 450.00 33.13 3.57 2034 96 16.49 147.85 1,596.23 12.94 127.41 968.28 450.00 33.13 3.57 2035 96 15.34 136.94 1,450.66 12.05 118.38 880.25 450.00 33.13 3.57 2036 96 14.39 127.98 1,334.14 11.31 110.93 809.78 450.00 33.13 3.57 2037 96 13.49 119.56 1,229.61 10.60 103.86 746.53 450.00 33.13 3.57 After 2,492.68 24,947.39 2,176.16 15,175.05 Total Ult. 63,297.23 616.68 5,575.06 63,297.23 483.61 4,765.99 38,416.69 Cum. Sub-T 33.13 3.57 33.13 3.57 3,082.38 38,349.84 2,589.83 23,241.64 33.13 3.57 5,575.06 0.00 0.00 331.84 284.83 0.00 616.68 259.37 224.24 450.00 450.00 450.00 Gas ------ M$ ------ Helium ------ M$ ------ Other ------ M$ ------ Year ----------------------------------- Company Future Gross Revenue ---------------------------------- NGL ------ M$ ------ Total ------ M$ ------ Prod Tax ------ M$ ------ Adv Tax ------ M$ ------ after Sev & Adv ------- M$ -------- ------- Prod & Adv Taxes ------------ Revenue ---- 2023 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2024 4,091.42 3,071.67 2,626.55 0.00 9,789.64 367.69 383.47 9,038.49 2025 12,969.05 9,703.04 10,069.91 0.00 32,742.00 1,401.90 1,492.74 29,847.35 2026 13,338.89 9,915.75 10,665.52 0.00 33,920.16 1,456.14 1,544.55 30,919.47 2027 13,343.82 9,871.79 10,845.76 0.00 34,061.36 1,463.96 1,549.89 31,047.52 2028 12,504.88 9,213.22 10,049.31 0.00 31,767.41 1,361.72 1,446.17 28,959.51 2029 9,998.08 7,346.79 7,396.53 0.00 24,741.40 1,047.17 1,130.16 22,564.07 2030 8,571.74 6,274.71 5,942.85 0.00 20,789.30 870.89 952.09 18,966.32 2031 7,601.13 5,547.02 5,007.36 0.00 18,155.51 754.44 833.13 16,567.94 2032 6,893.34 5,017.17 4,355.35 0.00 16,265.85 671.49 747.60 14,846.76 2033 6,299.22 4,573.85 3,844.56 0.00 14,717.63 604.26 677.32 13,436.06 2034 5,824.77 4,220.78 3,454.83 0.00 13,500.37 551.78 621.95 12,326.64 2035 5,421.94 3,921.69 3,140.72 0.00 12,484.35 508.34 575.64 11,400.37 2036 5,089.07 3,674.75 2,889.27 0.00 11,653.10 472.96 537.70 10,642.44 2037 4,771.26 3,440.48 2,663.60 0.00 10,875.33 440.21 502.11 9,933.01 After 54,144.37 Total 217,626.33 157,882.00 137,096.48 0.00 0.00 72,089.29 Sub-T 512,604.81 227,141.39 21,092.22 9,119.28 23,496.33 10,501.81 468,016.25 207,520.30 116,718.60 85,792.71 82,952.11 0.00 285,463.42 11,972.94 12,994.52 260,495.95 100,907.72 Cumulative ------- M$ ------- Annual ------ M$ ------ Disc. Cum. Annual @ 10.00% ------- M$ ------- ----------------------------------- Deductions ----------------------------------- -------------------- Future Net Income Before Income Taxes -------------------- Trans. Costs ------ M$ ------ Net Investments ------ M$ ------ Lease Net Costs ------ M$ ------ Net Profits ------ M$ ------ Undiscounted Discounted Ann @ 10.00% -------M$ ------- Year 2023 0.00 8,250.00 0.00 0.00 -8,250.00 -8,250.00 -7,981.79 -7,981.79 2024 13.30 27,989.27 483.17 0.00 -19,447.24 -27,697.24 -17,839.49 -25,821.28 2025 76.21 20,089.67 2,116.72 0.00 7,564.75 -20,132.49 5,941.98 -19,879.30 2026 120.27 11,935.28 2,241.92 0.00 16,622.01 -3,510.48 12,237.04 -7,642.26 2027 154.89 11,828.53 2,279.81 0.00 16,784.29 13,273.82 11,182.17 3,539.91 2028 178.85 2,084.22 2,112.39 0.00 24,584.06 37,857.88 14,856.16 18,396.07 2029 179.67 0.00 1,554.77 0.00 20,829.63 58,687.50 11,429.74 29,825.81 2030 179.67 0.00 1,249.20 0.00 17,537.44 76,224.95 8,708.02 38,533.83 2031 179.67 0.00 1,052.56 0.00 15,335.70 91,560.65 6,891.89 45,425.72 2032 179.67 0.00 915.51 0.00 13,751.59 105,312.24 5,592.98 51,018.70 2033 179.67 0.00 808.14 0.00 12,448.25 117,760.48 4,582.22 55,600.92 2034 179.67 0.00 726.21 0.00 11,420.75 129,181.24 3,805.49 59,406.41 2035 179.67 0.00 660.19 0.00 10,560.51 139,741.75 3,185.34 62,591.75 2036 179.67 0.00 607.33 0.00 9,855.43 149,597.18 2,690.57 65,282.32 2037 179.67 0.00 559.89 0.00 9,193.44 158,790.62 2,271.71 67,554.03 0.00 181,975.42 13,920.99 16,324.16 14,163.59 28,749.09 11,381.29 82,176.96 340,766.04 340,766.04 81,475.03 Sub-T After Total 0.00 2,160.57 82,176.96 17,367.80 0.00 158,790.62 67,554.03 67,554.03 0.00 81,475.03 181,975.42 13,920.99 158,790.62 Present Worth Profile (M$) PW 8.00% : PW 10.00% : PW 12.00% : PW 15.00% : PW 20.00% : PW 25.00% : 101,653.72 81,475.03 66,049.20 48,753.76 29,422.85 16,959.30

Year Helium ---- MMcf ----- Gas ----- MMcf ----- NGL ----- Mbbl ----- Helium ----- MMcf ----- Gas ----- MMcf----- NGL ---- Mbbl ---- ------------ Estimated 8/8 Ths Production ----------- ---------------------- Net Production ---------------------- NGL - $/bbl - Helium - $/Mcf - NEW ERA HELIUM CORP. Reserve and Economic Projection As of 7/1/2023 Wells Gas - $/Mcf - MKM Engineering TABLE 5 Total Proved 2023 395 0.00 0.00 828.24 0.00 0.00 423.64 0.00 0.00 3.88 2024 421 11.32 105.01 3,045.95 9.09 92.72 1,761.65 450.00 33.13 3.67 2025 452 36.98 352.95 6,863.06 28.82 292.91 4,085.80 450.00 33.13 3.57 2026 470 38.16 363.77 7,033.16 29.64 299.33 4,181.07 450.00 33.13 3.57 2027 488 38.24 364.21 7,016.94 29.65 298.00 4,165.22 450.00 33.13 3.57 2028 492 35.66 338.03 6,520.95 27.79 278.12 3,883.27 450.00 33.13 3.57 2029 492 28.46 265.91 5,191.52 22.22 221.78 3,079.63 450.00 33.13 3.57 2030 492 24.36 224.81 4,426.93 19.05 189.41 2,619.07 450.00 33.13 3.57 2031 492 21.57 197.21 3,908.62 16.89 167.45 2,307.40 450.00 33.13 3.57 2032 492 19.54 177.30 3,531.41 15.32 151.45 2,080.84 450.00 33.13 3.57 2033 492 17.84 160.85 3,216.58 14.00 138.07 1,892.24 450.00 33.13 3.57 2034 492 16.49 147.85 2,966.85 12.94 127.41 1,742.81 450.00 33.13 3.57 2035 492 15.34 136.94 2,756.21 12.05 118.38 1,616.96 450.00 33.13 3.57 2036 491 14.39 127.98 2,582.12 11.31 110.93 1,513.07 450.00 33.13 3.57 2037 490 13.49 119.56 2,416.66 10.60 103.86 1,414.62 450.00 33.13 3.57 After 2,492.68 51,034.63 2,176.16 29,708.46 Total Ult. 348,106.76 616.68 5,575.06 113,339.82 483.61 4,765.99 66,475.76 Cum. Sub-T 33.13 3.57 33.13 3.57 3,082.38 62,305.19 2,589.83 36,767.30 33.13 3.58 5,575.06 0.00 234,766.94 331.84 284.83 0.00 616.68 259.37 224.24 450.00 450.00 450.00 Gas ------ M$ ------ Helium ------ M$ ------ Other ------ M$ ------ Year ----------------------------------- Company Future Gross Revenue ---------------------------------- NGL ------ M$ ------ Total ------ M$ ------ Prod Tax ------ M$ ------ Adv Tax ------ M$ ------ after Sev & Adv ------- M$ -------- ------- Prod & Adv Taxes ------------ Revenue ---- 2023 0.00 0.00 1,642.92 54.98 1,697.90 89.59 11.58 1,596.73 2024 4,091.42 3,071.67 6,460.76 127.94 13,751.79 596.68 435.05 12,720.07 2025 12,969.05 9,703.04 14,578.08 228.33 37,478.50 1,696.86 1,581.03 34,200.62 2026 13,338.89 9,915.75 14,918.02 306.29 38,478.94 1,738.53 1,627.98 35,112.44 2027 13,343.82 9,871.79 14,861.44 299.01 38,376.05 1,731.04 1,626.97 35,018.05 2028 12,504.88 9,213.22 13,855.47 291.12 35,864.69 1,615.20 1,517.63 32,731.87 2029 9,998.08 7,346.79 10,988.08 268.17 28,601.13 1,286.03 1,195.77 26,119.32 2030 8,571.74 6,274.71 9,344.80 247.18 24,438.43 1,096.80 1,012.55 22,329.08 2031 7,601.13 5,547.02 8,232.79 229.71 21,610.65 968.40 888.94 19,753.30 2032 6,893.34 5,017.17 7,424.42 215.37 19,550.29 874.90 799.35 17,876.03 2033 6,299.22 4,573.85 6,751.49 201.82 17,826.38 796.81 725.11 16,304.46 2034 5,824.77 4,220.78 6,218.31 190.42 16,454.27 734.75 666.29 15,053.23 2035 5,421.94 3,921.69 5,769.30 180.24 15,293.18 682.32 616.82 13,994.04 2036 5,089.07 3,674.75 5,398.62 171.57 14,334.01 639.02 576.11 13,118.89 2037 4,771.26 3,440.48 5,047.35 162.80 13,421.89 597.93 537.79 12,286.17 After 105,999.39 Total 217,626.33 157,882.00 237,491.26 3,602.66 6,777.60 72,089.29 Sub-T 619,777.18 282,599.07 27,696.19 12,551.35 24,921.27 11,102.30 567,159.73 258,945.43 116,718.60 85,792.71 131,491.86 3,174.93 337,178.11 15,144.84 13,818.97 308,214.30 100,907.72 Cumulative ------- M$ ------- Annual ------ M$ ------ Disc. Cum. Annual @ 10.00% ------- M$ ------- ----------------------------------- Deductions ----------------------------------- -------------------- Future Net Income Before Income Taxes -------------------- Trans. Costs ------ M$ ------ Net Investments ------ M$ ------ Lease Net Costs ------ M$ ------ Net Profits ------ M$ ------ Undiscounted Discounted Ann @ 10.00% -------M$ ------- Year 2023 296.54 8,250.00 550.73 0.00 -7,500.54 -7,500.54 -7,253.78 -7,253.78 2024 606.38 35,989.27 1,522.04 0.00 -25,397.62 -32,898.17 -23,494.29 -30,748.07 2025 669.30 20,089.67 3,064.35 0.00 10,377.30 -22,520.86 8,236.49 -22,511.58 2026 713.35 11,935.28 3,135.81 0.00 19,328.00 -3,192.86 14,236.73 -8,274.85 2027 747.97 11,828.53 3,123.91 0.00 19,317.63 16,124.77 12,876.92 4,602.07 2028 771.93 2,084.22 2,912.46 0.00 26,963.27 43,088.04 16,296.89 20,898.96 2029 772.76 0.00 2,309.72 0.00 23,036.84 66,124.89 12,639.56 33,538.52 2030 772.76 0.00 1,964.30 0.00 19,592.02 85,716.91 9,727.49 43,266.01 2031 772.76 0.00 1,730.55 0.00 17,249.99 102,966.90 7,751.76 51,017.77 2032 772.76 0.00 1,560.63 0.00 15,542.64 118,509.55 6,321.20 57,338.97 2033 772.76 0.00 1,419.18 0.00 14,112.52 132,622.07 5,194.69 62,533.66 2034 772.76 0.00 1,307.10 0.00 12,973.37 145,595.44 4,322.74 66,856.40 2035 771.02 0.00 1,212.72 0.00 12,010.29 157,605.73 3,622.57 70,478.97 2036 770.35 0.00 1,134.80 0.00 11,213.73 168,819.46 3,061.38 73,540.34 2037 768.45 0.00 1,060.97 0.00 10,456.76 179,276.22 2,583.86 76,124.20 0.00 193,638.65 15,576.29 53,777.28 43,025.44 50,290.62 22,281.34 90,176.96 372,914.87 372,914.87 91,700.49 Sub-T After Total 0.00 10,751.84 90,176.96 28,009.28 0.00 179,276.22 76,124.20 76,124.20 0.00 91,700.49 193,638.65 15,576.29 179,276.22 Present Worth Profile (M$) PW 8.00% : PW 10.00% : PW 12.00% : PW 15.00% : PW 20.00% : PW 25.00% : 114,338.47 91,700.49 74,338.48 54,825.33 32,966.22 18,843.44

Probable Rsv Class Undeveloped Rsv Category Year Helium ---- MMcf ----- Gas ----- MMcf ----- NGL ----- Mbbl ----- Helium ----- MMcf ----- Gas ----- MMcf----- NGL ---- Mbbl ---- ------------ Estimated 8/8 Ths Production ----------- ---------------------- Net Production ---------------------- NGL - $/bbl - Helium - $/Mcf - NEW ERA HELIUM CORP. Reserve and Economic Projection As of 7/1/2023 Wells Gas - $/Mcf - MKM Engineering TABLE 6 2023 0 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2024 0 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2025 0 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2026 0 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2027 0 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2028 14 3.57 36.43 660.47 2.58 26.03 372.89 450.00 33.13 3.57 2029 29 10.83 110.76 2,008.03 7.92 80.55 1,153.65 450.00 33.13 3.57 2030 45 14.77 152.17 2,758.91 10.28 105.63 1,512.89 450.00 33.13 3.57 2031 61 17.81 180.54 3,273.27 11.53 116.79 1,672.75 450.00 33.13 3.57 2032 73 20.34 201.40 3,651.33 12.60 125.25 1,793.95 450.00 33.13 3.57 2033 87 20.09 198.23 3,593.85 13.34 131.83 1,888.11 450.00 33.13 3.57 2034 100 22.67 222.33 4,030.77 15.13 148.43 2,125.95 450.00 33.13 3.57 2035 107 21.87 216.92 3,932.79 13.84 138.68 1,986.32 450.00 33.13 3.57 2036 116 20.50 210.44 3,815.27 13.00 134.25 1,922.78 450.00 33.13 3.57 2037 125 19.80 207.87 3,768.71 12.51 131.78 1,887.44 450.00 33.13 3.57 After 12,879.30 233,502.08 8,633.15 123,650.25 Total Ult. 264,995.46 1,394.65 14,616.38 264,995.46 934.35 9,772.37 139,966.97 Cum. Sub-T 33.13 3.57 33.13 3.57 1,737.08 31,493.38 1,139.22 16,316.72 33.13 3.57 14,616.38 0.00 0.00 172.26 1,222.40 0.00 1,394.65 112.73 821.63 450.00 450.00 450.00 Gas ------ M$ ------ Helium ------ M$ ------ Other ------ M$ ------ Year ----------------------------------- Company Future Gross Revenue ---------------------------------- NGL ------ M$ ------ Total ------ M$ ------ Prod Tax ------ M$ ------ Adv Tax ------ M$ ------ after Sev & Adv ------- M$ -------- ------- Prod & Adv Taxes ------------ Revenue ---- 2023 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2024 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2025 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2026 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2027 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2028 1,161.13 862.44 1,330.45 0.00 3,354.03 151.91 150.29 3,051.82 2029 3,562.17 2,668.25 4,116.20 0.00 10,346.62 469.99 463.48 9,413.16 2030 4,624.12 3,499.14 5,397.97 0.00 13,521.23 616.34 605.44 12,299.45 2031 5,189.36 3,868.88 5,968.36 0.00 15,026.60 681.46 673.24 13,671.89 2032 5,671.61 4,149.19 6,400.78 0.00 16,221.57 730.84 727.33 14,763.40 2033 6,001.56 4,366.97 6,736.74 0.00 17,105.28 769.20 767.12 15,568.96 2034 6,806.78 4,917.08 7,585.37 0.00 19,309.23 866.09 866.22 17,576.91 2035 6,228.06 4,594.12 7,087.16 0.00 17,909.34 809.21 802.74 16,297.39 2036 5,851.53 4,447.17 6,860.47 0.00 17,159.17 783.32 768.20 15,607.65 2037 5,630.94 4,365.43 6,734.36 0.00 16,730.74 768.93 748.43 15,213.38 After 441,182.48 Total 420,459.66 323,727.33 499,400.34 0.00 0.00 285,988.65 Sub-T 1,243,587.33 1,096,903.52 57,021.30 50,374.02 55,645.41 49,072.92 1,130,920.62 997,456.59 50,727.27 37,738.68 58,217.85 0.00 146,683.80 6,647.29 6,572.49 133,464.03 369,732.39 Cumulative ------- M$ ------- Annual ------ M$ ------ Disc. Cum. Annual @ 10.00% ------- M$ ------- ----------------------------------- Deductions ----------------------------------- -------------------- Future Net Income Before Income Taxes -------------------- Trans. Costs ------ M$ ------ Net Investments ------ M$ ------ Lease Net Costs ------ M$ ------ Net Profits ------ M$ ------ Undiscounted Discounted Ann @ 10.00% -------M$ ------- Year 2023 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2024 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2025 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2026 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2027 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2028 9.93 9,417.45 279.66 0.00 -6,655.22 -6,655.22 -4,038.12 -4,038.12 2029 41.29 9,274.65 865.24 0.00 -768.01 -7,423.23 -488.03 -4,526.15 2030 67.68 8,956.07 1,134.67 0.00 2,141.03 -5,282.20 1,003.51 -3,522.64 2031 90.90 7,836.73 1,254.56 0.00 4,489.70 -792.50 1,993.14 -1,529.50 2032 113.25 7,054.11 1,345.46 0.00 6,250.59 5,458.09 2,515.67 986.16 2033 134.35 8,503.31 1,416.08 0.00 5,515.21 10,973.30 2,016.89 3,003.05 2034 158.57 6,897.50 1,594.46 0.00 8,926.38 19,899.68 2,951.13 5,954.18 2035 173.23 4,023.34 1,489.74 0.00 10,611.08 30,510.76 3,204.80 9,158.98 2036 187.43 4,710.44 1,442.09 0.00 9,267.69 39,778.45 2,517.71 11,676.69 2037 200.64 4,359.06 1,415.58 0.00 9,238.11 49,016.55 2,271.90 13,948.59 180,129.96 669,067.34 29,574.66 56,698.88 55,521.60 104,975.23 92,737.68 251,162.62 718,083.89 718,083.89 43,523.25 Sub-T After Total 0.00 1,177.28 71,032.66 12,237.54 0.00 49,016.55 13,948.59 13,948.59 0.00 43,523.25 669,067.34 29,574.66 49,016.55 Present Worth Profile (M$) PW 8.00% : PW 10.00% : PW 12.00% : PW 15.00% : PW 20.00% : PW 25.00% : 68,027.02 43,523.25 28,761.04 16,151.70 6,612.54 2,741.24

Year Helium ---- MMcf ----- Gas ----- MMcf ----- NGL ----- Mbbl ----- Helium ----- MMcf ----- Gas ----- MMcf----- NGL ---- Mbbl ---- ------------ Estimated 8/8 Ths Production ----------- ---------------------- Net Production ---------------------- NGL - $/bbl - Helium - $/Mcf - NEW ERA HELIUM CORP. Reserve and Economic Projection As of 7/1/2023 Wells Gas - $/Mcf - MKM Engineering TABLE 7 Total Probable 2023 0 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2024 0 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2025 0 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2026 0 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2027 0 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2028 14 3.57 36.43 660.47 2.58 26.03 372.89 450.00 33.13 3.57 2029 29 10.83 110.76 2,008.03 7.92 80.55 1,153.65 450.00 33.13 3.57 2030 45 14.77 152.17 2,758.91 10.28 105.63 1,512.89 450.00 33.13 3.57 2031 61 17.81 180.54 3,273.27 11.53 116.79 1,672.75 450.00 33.13 3.57 2032 73 20.34 201.40 3,651.33 12.60 125.25 1,793.95 450.00 33.13 3.57 2033 87 20.09 198.23 3,593.85 13.34 131.83 1,888.11 450.00 33.13 3.57 2034 100 22.67 222.33 4,030.77 15.13 148.43 2,125.95 450.00 33.13 3.57 2035 107 21.87 216.92 3,932.79 13.84 138.68 1,986.32 450.00 33.13 3.57 2036 116 20.50 210.44 3,815.27 13.00 134.25 1,922.78 450.00 33.13 3.57 2037 125 19.80 207.87 3,768.71 12.51 131.78 1,887.44 450.00 33.13 3.57 After 12,879.30 233,502.08 8,633.15 123,650.25 Total Ult. 264,995.46 1,394.65 14,616.38 264,995.46 934.35 9,772.37 139,966.97 Cum. Sub-T 33.13 3.57 33.13 3.57 1,737.08 31,493.38 1,139.22 16,316.72 33.13 3.57 14,616.38 0.00 0.00 172.26 1,222.40 0.00 1,394.65 112.73 821.63 450.00 450.00 450.00 Gas ------ M$ ------ Helium ------ M$ ------ Other ------ M$ ------ Year ----------------------------------- Company Future Gross Revenue ---------------------------------- NGL ------ M$ ------ Total ------ M$ ------ Prod Tax ------ M$ ------ Adv Tax ------ M$ ------ after Sev & Adv ------- M$ -------- ------- Prod & Adv Taxes ------------ Revenue ---- 2023 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2024 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2025 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2026 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2027 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2028 1,161.13 862.44 1,330.45 0.00 3,354.03 151.91 150.29 3,051.82 2029 3,562.17 2,668.25 4,116.20 0.00 10,346.62 469.99 463.48 9,413.16 2030 4,624.12 3,499.14 5,397.97 0.00 13,521.23 616.34 605.44 12,299.45 2031 5,189.36 3,868.88 5,968.36 0.00 15,026.60 681.46 673.24 13,671.89 2032 5,671.61 4,149.19 6,400.78 0.00 16,221.57 730.84 727.33 14,763.40 2033 6,001.56 4,366.97 6,736.74 0.00 17,105.28 769.20 767.12 15,568.96 2034 6,806.78 4,917.08 7,585.37 0.00 19,309.23 866.09 866.22 17,576.91 2035 6,228.06 4,594.12 7,087.16 0.00 17,909.34 809.21 802.74 16,297.39 2036 5,851.53 4,447.17 6,860.47 0.00 17,159.17 783.32 768.20 15,607.65 2037 5,630.94 4,365.43 6,734.36 0.00 16,730.74 768.93 748.43 15,213.38 After 441,182.48 Total 420,459.66 323,727.33 499,400.34 0.00 0.00 285,988.65 Sub-T 1,243,587.33 1,096,903.52 57,021.30 50,374.02 55,645.41 49,072.92 1,130,920.62 997,456.59 50,727.27 37,738.68 58,217.85 0.00 146,683.80 6,647.29 6,572.49 133,464.03 369,732.39 Cumulative ------- M$ ------- Annual ------ M$ ------ Disc. Cum. Annual @ 10.00% ------- M$ ------- ----------------------------------- Deductions ----------------------------------- -------------------- Future Net Income Before Income Taxes -------------------- Trans. Costs ------ M$ ------ Net Investments ------ M$ ------ Lease Net Costs ------ M$ ------ Net Profits ------ M$ ------ Undiscounted Discounted Ann @ 10.00% -------M$ ------- Year 2023 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2024 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2025 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2026 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2027 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2028 9.93 9,417.45 279.66 0.00 -6,655.22 -6,655.22 -4,038.12 -4,038.12 2029 41.29 9,274.65 865.24 0.00 -768.01 -7,423.23 -488.03 -4,526.15 2030 67.68 8,956.07 1,134.67 0.00 2,141.03 -5,282.20 1,003.51 -3,522.64 2031 90.90 7,836.73 1,254.56 0.00 4,489.70 -792.50 1,993.14 -1,529.50 2032 113.25 7,054.11 1,345.46 0.00 6,250.59 5,458.09 2,515.67 986.16 2033 134.35 8,503.31 1,416.08 0.00 5,515.21 10,973.30 2,016.89 3,003.05 2034 158.57 6,897.50 1,594.46 0.00 8,926.38 19,899.68 2,951.13 5,954.18 2035 173.23 4,023.34 1,489.74 0.00 10,611.08 30,510.76 3,204.80 9,158.98 2036 187.43 4,710.44 1,442.09 0.00 9,267.69 39,778.45 2,517.71 11,676.69 2037 200.64 4,359.06 1,415.58 0.00 9,238.11 49,016.55 2,271.90 13,948.59 180,129.96 669,067.34 29,574.66 56,698.88 55,521.60 104,975.23 92,737.68 251,162.62 718,083.89 718,083.89 43,523.25 Sub-T After Total 0.00 1,177.28 71,032.66 12,237.54 0.00 49,016.55 13,948.59 13,948.59 0.00 43,523.25 669,067.34 29,574.66 49,016.55 Present Worth Profile (M$) PW 8.00% : PW 10.00% : PW 12.00% : PW 15.00% : PW 20.00% : PW 25.00% : 68,027.02 43,523.25 28,761.04 16,151.70 6,612.54 2,741.24

Possible Rsv Class Undeveloped Rsv Category Year Helium ---- MMcf ----- Gas ----- MMcf ----- NGL ----- Mbbl ----- Helium ----- MMcf ----- Gas ----- MMcf----- NGL ---- Mbbl ---- ------------ Estimated 8/8 Ths Production ----------- ---------------------- Net Production ---------------------- NGL - $/bbl - Helium - $/Mcf - NEW ERA HELIUM CORP. Reserve and Economic Projection As of 7/1/2023 Wells Gas - $/Mcf - MKM Engineering TABLE 8 2023 0 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2024 0 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2025 0 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2026 0 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2027 0 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2028 0 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2029 0 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2030 0 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2031 0 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2032 0 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2033 0 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2034 0 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2035 0 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2036 0 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2037 0 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 After 8,323.21 150,900.07 5,970.19 85,509.41 Total Ult. 150,900.07 851.19 8,323.21 150,900.07 612.01 5,970.19 85,509.41 Cum. Sub-T 33.13 3.57 33.13 3.57 0.00 0.00 0.00 0.00 0.00 0.00 8,323.21 0.00 0.00 0.00 851.19 0.00 851.19 0.00 612.01 450.00 0.00 450.00 Gas ------ M$ ------ Helium ------ M$ ------ Other ------ M$ ------ Year ----------------------------------- Company Future Gross Revenue ---------------------------------- NGL ------ M$ ------ Total ------ M$ ------ Prod Tax ------ M$ ------ Adv Tax ------ M$ ------ after Sev & Adv ------- M$ -------- ------- Prod & Adv Taxes ------------ Revenue ---- 2023 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2024 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2025 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2026 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2027 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2028 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2029 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2030 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2031 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2032 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2033 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2034 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2035 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2036 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2037 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 After 305,096.47 Total 275,405.40 197,773.33 305,096.47 0.00 0.00 197,773.33 Sub-T 778,275.19 778,275.19 34,835.78 34,835.78 34,922.00 34,922.00 708,517.42 708,517.42 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 275,405.40 Cumulative ------- M$ ------- Annual ------ M$ ------ Disc. Cum. Annual @ 10.00% ------- M$ ------- ----------------------------------- Deductions ----------------------------------- -------------------- Future Net Income Before Income Taxes -------------------- Trans. Costs ------ M$ ------ Net Investments ------ M$ ------ Lease Net Costs ------ M$ ------ Net Profits ------ M$ ------ Undiscounted Discounted Ann @ 10.00% -------M$ ------- Year 2023 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2024 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2025 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2026 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2027 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2028 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2029 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2030 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2031 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2032 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2033 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2034 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2035 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2036 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2037 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 146,147.59 473,799.99 3,608.90 24,437.78 24,437.78 64,132.06 64,132.06 146,147.59 473,799.99 473,799.99 3,608.90 Sub-T After Total 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 3,608.90 473,799.99 3,608.90 0.00 Present Worth Profile (M$) PW 8.00% : PW 10.00% : PW 12.00% : PW 15.00% : PW 20.00% : PW 25.00% : 8,636.90 3,608.90 1,555.35 459.71 65.03 9.62

Year Helium ---- MMcf ----- Gas ----- MMcf ----- NGL ----- Mbbl ----- Helium ----- MMcf ----- Gas ----- MMcf----- NGL ---- Mbbl ---- ------------ Estimated 8/8 Ths Production ----------- ---------------------- Net Production ---------------------- NGL - $/bbl - Helium - $/Mcf - NEW ERA HELIUM CORP. Reserve and Economic Projection As of 7/1/2023 Wells Gas - $/Mcf - MKM Engineering TABLE 9 Total Possible 2023 0 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2024 0 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2025 0 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2026 0 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2027 0 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2028 0 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2029 0 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2030 0 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2031 0 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2032 0 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2033 0 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2034 0 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2035 0 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2036 0 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2037 0 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 After 8,323.21 150,900.07 5,970.19 85,509.41 Total Ult. 150,900.07 851.19 8,323.21 150,900.07 612.01 5,970.19 85,509.41 Cum. Sub-T 33.13 3.57 33.13 3.57 0.00 0.00 0.00 0.00 0.00 0.00 8,323.21 0.00 0.00 0.00 851.19 0.00 851.19 0.00 612.01 450.00 0.00 450.00 Gas ------ M$ ------ Helium ------ M$ ------ Other ------ M$ ------ Year ----------------------------------- Company Future Gross Revenue ---------------------------------- NGL ------ M$ ------ Total ------ M$ ------ Prod Tax ------ M$ ------ Adv Tax ------ M$ ------ after Sev & Adv ------- M$ -------- ------- Prod & Adv Taxes ------------ Revenue ---- 2023 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2024 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2025 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2026 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2027 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2028 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2029 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2030 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2031 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2032 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2033 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2034 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2035 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2036 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2037 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 After 305,096.47 Total 275,405.40 197,773.33 305,096.47 0.00 0.00 197,773.33 Sub-T 778,275.19 778,275.19 34,835.78 34,835.78 34,922.00 34,922.00 708,517.42 708,517.42 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 275,405.40 Cumulative ------- M$ ------- Annual ------ M$ ------ Disc. Cum. Annual @ 10.00% ------- M$ ------- ----------------------------------- Deductions ----------------------------------- -------------------- Future Net Income Before Income Taxes -------------------- Trans. Costs ------ M$ ------ Net Investments ------ M$ ------ Lease Net Costs ------ M$ ------ Net Profits ------ M$ ------ Undiscounted Discounted Ann @ 10.00% -------M$ ------- Year 2023 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2024 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2025 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2026 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2027 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2028 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2029 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2030 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2031 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2032 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2033 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2034 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2035 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2036 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2037 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 146,147.59 473,799.99 3,608.90 24,437.78 24,437.78 64,132.06 64,132.06 146,147.59 473,799.99 473,799.99 3,608.90 Sub-T After Total 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 3,608.90 473,799.99 3,608.90 0.00 Present Worth Profile (M$) PW 8.00% : PW 10.00% : PW 12.00% : PW 15.00% : PW 20.00% : PW 25.00% : 8,636.90 3,608.90 1,555.35 459.71 65.03 9.62

Lease Name Life (years) Helium (MMcf) Gas (MMcf) Gas (M$) Helium (M$) Other (M$) Expense & Tax (M$) Invest. (M$) Non-Disc. (M$) Cash Flow Net Reserves Net Revenue Project Name : As of Date: 7/1/2023 Economic One-Liners Reserve Category NEW ERA HELIUM CORP. Disc. CF (M$) Risked / UnRisked MKM ENGINEERING TABLE 10 Proved Rsv Class Producing Rsv Category 0.90 0.43 73.63 0.74 0.08 0.00 2.66 1.84 0.00 P-DP 0.00 *STEVENS PUDCO #1 452.52 175.18 85.66 234.91 24.71 0.00 841.48 413.67 0.00 P-DP 0.00 ABO VT FEDERAL 001 264.51 91.91 99.50 174.24 18.31 0.00 623.41 377.20 0.00 P-DP 0.00 ADELL UJ FEDERAL COM 001 - 001 -22.14 5.36 56.38 33.70 3.54 0.00 120.63 146.31 0.00 P-DP 0.00 ALKALI FEDERAL 001 - 001 -19.78 6.65 58.05 35.84 3.77 0.00 128.27 151.81 0.00 P-DP 0.00 ALKALI FEDERAL 003 - 003 -30.79 -0.94 46.74 23.19 2.44 0.00 83.03 116.26 0.00 P-DP 0.00 ALKALI FEDERAL 008 - 008 -24.86 3.71 54.14 30.92 3.25 0.00 110.69 138.81 0.00 P-DP 0.00 ALKALI FEDERAL 009 - 009 -1.33 9.53 36.95 27.06 2.85 0.00 97.09 101.27 0.00 P-DP 0.00 ALKALI FEDERAL COM 002 - 002 70.23 39.37 84.52 89.47 9.40 0.00 320.14 259.31 0.00 P-DP 0.00 ALKALI FEDERAL COM 006 - 006 -0.58 12.72 50.26 37.23 3.92 0.00 133.36 137.86 0.00 P-DP 0.00 ALKALI FEDERAL COM 011 - 011 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 P-DP 0.00 ANDREW UU 001 - 001 60.58 26.88 90.27 54.87 5.77 0.00 196.34 141.53 0.00 P-DP 0.00 ATKINS 001 - 001 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 P-DP 0.00 BEARD FEDERAL 001 - 001 74.89 40.74 84.75 91.52 9.62 0.00 327.48 262.20 0.00 P-DP 0.00 BEAVERS FEE #001 - 001 13.23 14.57 40.93 28.07 2.96 0.00 100.69 90.41 0.00 P-DP 0.00 BENEDICT FEDERAL COM 001 - 001 -11.56 4.63 58.92 23.27 2.45 0.00 83.30 97.31 0.00 P-DP 0.00 BISHOP RY COM 001 - 001 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 P-DP 0.00 BITTER LAKE PX STATE - Lse Summary 61.87 35.91 81.52 83.09 8.73 0.00 297.30 244.17 0.00 P-DP 0.00 BLYTHE SV 001 - 001 -31.16 -1.76 44.85 21.85 2.30 0.00 78.25 111.71 0.00 P-DP 0.00 BO FEDERAL #001 - 001 13.47 20.72 71.99 59.08 6.21 0.00 211.43 204.16 0.00 P-DP 0.00 BRADEN FEDERAL 001 - 001 80.50 36.45 74.57 58.33 6.13 0.00 208.88 134.52 0.00 P-DP 0.00 BURROGRASS ABG FEDERAL COM 001 - 001 -4.17 12.16 61.42 44.14 4.64 0.00 157.98 166.79 0.00 P-DP 0.00 CAMACK FEDERAL 003 - 003 -23.07 -6.14 26.17 10.76 1.13 0.00 38.59 62.80 0.00 P-DP 0.00 CAMACK FEDERAL 010 - 010 -0.90 6.33 49.82 19.01 2.00 0.00 68.11 71.01 0.00 P-DP 0.00 CAMACK FEDERAL COM 006 - 006 133.98 52.07 95.12 103.40 10.87 0.00 369.97 246.85 0.00 P-DP 0.00 CAMACK FEDERAL COM 007 - 007 57.57 35.53 82.20 83.34 8.76 0.00 298.21 249.40 0.00 P-DP 0.00 CAMACK FEDERAL COM 008 - 008 106.09 38.37 97.39 73.99 7.77 0.00 264.73 166.42 0.00 P-DP 0.00 CAMACK FEDERAL COM 009 - 009 -9.42 3.62 58.72 18.48 1.94 0.00 66.14 77.50 0.00 P-DP 0.00 CANNON XF 001 - 001 128.29 61.33 70.31 101.12 10.63 0.00 362.16 244.50 0.00 P-DP 0.00 CAUDILL FEDERAL COM 001 - 001 49.36 33.55 63.96 65.49 6.89 0.00 234.55 192.08 0.00 P-DP 0.00 CAUDILL RZ 002 - 002 352.07 134.12 85.98 197.22 20.74 0.00 706.23 374.90 0.00 P-DP 0.00 CAUDILL RZ 003 - 003 28.76 22.95 73.24 59.08 6.21 0.00 211.41 188.85 0.00 P-DP 0.00 CAUDILL RZ 004 - 004 87.98 43.61 83.59 95.84 10.07 0.00 342.93 265.02 0.00 P-DP 0.00 CAUDILL RZ 005 - 005 1

Lease Name Life (years) Helium (MMcf) Gas (MMcf) Gas (M$) Helium (M$) Other (M$) Expense & Tax (M$) Invest. (M$) Non-Disc. (M$) Cash Flow Net Reserves Net Revenue Project Name : As of Date: 7/1/2023 Economic One-Liners Reserve Category NEW ERA HELIUM CORP. Disc. CF (M$) Risked / UnRisked MKM ENGINEERING TABLE 10 -25.88 -9.22 23.03 7.54 0.79 0.00 27.03 53.71 0.00 P-DP 0.00 CAUDILL RZ COM 006 - 006 13.92 18.90 53.38 45.33 4.77 0.00 162.38 153.23 0.00 P-DP 0.00 CAUDILL RZ COM 007 - 007 90.49 48.62 68.58 84.07 8.84 0.00 301.07 219.42 0.00 P-DP 0.00 CHAVES A 17 FEDERAL COM #005 (17-5) - 005 -12.24 10.18 61.71 41.57 4.37 0.00 148.78 165.38 0.00 P-DP 0.00 CHAVES A FEDERAL #001 (21-1) (ABO) - 001 -25.29 -9.17 22.56 7.39 0.78 0.00 26.51 52.58 0.00 P-DP 0.00 CHAVES A FEDERAL #001 (21-1) (WFCMP) - 001 27.60 25.52 75.26 66.66 7.01 0.00 238.53 217.94 0.00 P-DP 0.00 CHAVES A FEDERAL #002 (17-2) - 002 -17.98 6.26 55.46 34.74 3.65 0.00 124.35 145.98 0.00 P-DP 0.00 CHAVES A FEDERAL #003 (21-3) (ABO) - 003 -29.44 -6.26 32.77 13.47 1.42 0.00 48.27 79.12 0.00 P-DP 0.00 CHAVES A FEDERAL #003 (21-3) (PENN) - 003 25.57 24.82 74.75 65.52 6.89 0.00 234.47 215.79 0.00 P-DP 0.00 CHAVES A FEDERAL #004 (21-4) - 004 72.28 39.50 84.62 88.86 9.34 0.00 317.96 255.02 0.00 P-DP 0.00 CHAVES A FEDERAL #006 (21-6) - 006 63.75 36.16 79.49 83.64 8.79 0.00 299.29 244.33 0.00 P-DP 0.00 CITIES UO FEDERAL 001 - 001 2.01 13.62 68.44 42.96 4.52 0.00 153.75 156.26 0.00 P-DP 0.00 CLEO ANC COM 001 - 001 -0.52 8.84 50.20 25.96 2.73 0.00 93.00 96.25 0.00 P-DP 0.00 COBIE-EBEID FEDERAL 001 - 001 2.53 11.88 68.87 37.00 3.89 0.00 132.42 133.78 0.00 P-DP 0.00 COBIE-EBEID FEDERAL COM 002 - 002 140.54 47.00 99.50 87.70 9.22 0.00 313.77 182.45 0.00 P-DP 0.00 COBRA AXK STATE COM 001 - 001 -5.69 5.23 58.75 21.92 2.30 0.00 78.45 86.44 0.00 P-DP 0.00 COBRA AXK STATE COM 002 - 002 310.04 123.12 83.50 179.12 18.85 0.00 641.82 350.63 0.00 P-DP 0.00 COMANCHE HILL 18 FED #001 - 001 -17.82 3.05 46.84 28.26 2.97 0.00 101.19 121.98 0.00 P-DP 0.00 COMER 001 - 001 95.12 46.30 88.89 100.06 10.51 0.00 358.02 273.42 0.00 P-DP 0.00 COMER 002 - 002 13.77 20.73 72.09 58.94 6.19 0.00 210.92 203.34 0.00 P-DP 0.00 COMER 003 - 003 205.15 75.66 93.96 147.37 15.49 0.00 527.30 337.64 0.00 P-DP 0.00 COMER 004 - 004 -23.07 4.63 54.97 32.46 3.41 0.00 116.18 142.67 0.00 P-DP 0.00 COYOTE DRAW FEDERAL #001 - 001 1.97 16.17 67.69 51.38 5.40 0.00 183.87 187.29 0.00 P-DP 0.00 COYOTE DRAW FEDERAL #002 - 002 47.96 29.30 63.32 54.03 5.68 0.00 193.51 151.23 0.00 P-DP 0.00 COYOTE DRAW FEDERAL #003 - 003 671.94 186.88 99.50 317.44 33.36 0.00 1,135.76 497.17 0.00 P-DP 0.00 COYOTE FEDERAL #001 - 001 -24.69 0.33 42.92 22.85 2.40 0.00 81.83 108.93 0.00 P-DP 0.00 COYOTE FEDERAL #002 - 002 -8.93 8.23 46.21 31.24 3.29 0.00 111.92 124.14 0.00 P-DP 0.00 COYOTE FEDERAL #003 - 003 -17.99 -7.29 19.09 5.75 0.61 0.00 20.66 39.26 0.00 P-DP 0.00 COYOTE FEDERAL #004Y - 004Y 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 P-DP 0.00 COYOTE FEDERAL #005 - 005 -19.84 -4.64 29.97 8.68 0.91 0.00 31.12 51.87 0.00 P-DP 0.00 DALE FEDERAL 014 - 014 -27.14 -5.51 31.92 13.02 1.37 0.00 46.66 75.16 0.00 P-DP 0.00 DALE FEDERAL 014 - 014 78.01 41.69 85.26 93.07 9.78 0.00 333.02 264.78 0.00 P-DP 0.00 DANA FEDERAL #002 - 002 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 P-DP 0.00 DANA FEDERAL #003 - 003 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 P-DP 0.00 DANA FEDERAL #004 - 004 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 P-DP 0.00 DANA FEDERAL #005 - 005 2

Lease Name Life (years) Helium (MMcf) Gas (MMcf) Gas (M$) Helium (M$) Other (M$) Expense & Tax (M$) Invest. (M$) Non-Disc. (M$) Cash Flow Net Reserves Net Revenue Project Name : As of Date: 7/1/2023 Economic One-Liners Reserve Category NEW ERA HELIUM CORP. Disc. CF (M$) Risked / UnRisked MKM ENGINEERING TABLE 10 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 P-DP 0.00 DANNA AYN STATE 001 - 001 116.88 52.60 89.08 110.83 11.65 0.00 396.57 291.33 0.00 P-DP 0.00 DEE OQ STATE 001 - 001 120.90 53.76 89.60 112.74 11.85 0.00 403.39 294.34 0.00 P-DP 0.00 DEE OQ STATE 002 - 002 232.65 84.21 99.50 162.24 17.05 0.00 580.49 364.88 0.00 P-DP 0.00 DEE OQ STATE 003 - 003 117.25 52.70 89.13 111.01 11.67 0.00 397.19 291.61 0.00 P-DP 0.00 DEE OQ STATE 005 - 005 189.34 72.98 97.21 144.21 15.15 0.00 515.97 341.79 0.00 P-DP 0.00 DEE OQ STATE 007 - 007 162.90 66.28 96.83 133.54 14.03 0.00 477.78 328.92 0.00 P-DP 0.00 DORIS FEDERAL 001 - 001 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 P-DP 0.00 DORIS FEDERAL 004 - 004 -30.74 -4.67 38.41 15.44 1.62 0.00 55.31 87.68 0.00 P-DP 0.00 DORIS RI FEDERAL 004 - 004 10.18 18.45 68.02 54.86 5.77 0.00 196.33 191.92 0.00 P-DP 0.00 EAKIN AFB COM 001 - 001 56.96 24.07 82.57 42.53 4.47 0.00 152.26 99.77 0.00 P-DP 0.00 EDMONDSON FEDERAL 002 - 002 114.87 42.77 95.29 71.07 7.47 0.00 254.39 146.98 0.00 P-DP 0.00 EDMONDSON FEDERAL 003 - 003 -22.60 -7.83 22.17 8.13 0.86 0.00 29.17 52.63 0.00 P-DP 0.00 EVERETTE OO FEDERAL 003 - 003 90.81 44.92 85.40 98.26 10.33 0.00 351.60 271.11 0.00 P-DP 0.00 EVERETTE OO FEDERAL 005 - 005 113.87 49.02 37.11 70.81 7.45 0.00 253.81 147.39 0.00 P-DP 0.00 EVERETTE OO FEDERAL 007 - 007 -1.97 0.83 54.92 4.41 0.46 0.00 15.77 18.21 0.00 P-DP 0.00 FEDERAL IX 001 - 001 43.39 16.57 85.73 24.40 2.57 0.00 87.36 46.54 0.00 P-DP 0.00 FEDERAL IX 002 - 002 69.88 37.00 69.15 63.53 6.68 0.00 227.52 164.32 0.00 P-DP 0.00 FINCH FEE #001 - 001 120.08 57.47 66.89 95.42 10.03 0.00 341.72 231.68 0.00 P-DP 0.00 FOREMAN FEDERAL 001 - 001 -22.43 -1.24 36.01 18.37 1.93 0.00 65.83 90.20 0.00 P-DP 0.00 FOREMAN FEDERAL 002 - 002 -19.71 1.38 39.46 22.03 2.32 0.00 78.95 100.98 0.00 P-DP 0.00 FOREMAN FEDERAL COM 003 - 003 -13.32 1.74 35.06 21.18 2.23 0.00 75.91 91.47 0.00 P-DP 0.00 FOREMAN FEDERAL COM 004 - 004 263.55 84.68 99.50 155.22 16.31 0.00 555.35 308.11 0.00 P-DP 0.00 GENEVA UI 003 - 003 79.26 34.91 90.05 72.91 7.66 0.00 260.87 189.27 0.00 P-DP 0.00 GENEVA UI COM 001 - 001 482.32 161.40 99.50 256.35 26.95 0.00 917.55 462.18 0.00 P-DP 0.00 GENEVA UI COM 002 - 002 16.11 16.64 60.94 41.07 4.32 0.00 147.05 135.26 0.00 P-DP 0.00 GETTY GC FEDERAL COM 001 - 001 -9.70 6.45 57.30 29.25 3.08 0.00 104.71 117.49 0.00 P-DP 0.00 GETTY GC FEDERAL COM 002 - 002 62.23 35.33 65.87 63.05 6.63 0.00 225.81 170.21 0.00 P-DP 0.00 GETTY PS 17 002 - 002 -6.97 9.58 61.31 36.90 3.88 0.00 132.07 142.92 0.00 P-DP 0.00 GETTY PS 17 FEDERAL COM 001 - 001 43.04 31.23 69.12 68.08 7.16 0.00 243.73 207.84 0.00 P-DP 0.00 GETTY PS 18 FEDERAL 001 - 001 -10.14 9.50 53.54 36.36 3.82 0.00 130.22 144.18 0.00 P-DP 0.00 GETTY PS 18 FEDERAL 002 - 002 -25.91 -0.77 41.17 21.14 2.22 0.00 75.71 103.85 0.00 P-DP 0.00 GETTY PS 18 FEDERAL 005 - 005 8.69 16.54 56.96 46.02 4.84 0.00 164.78 160.93 0.00 P-DP 0.00 GETTY PS 18 FEDERAL COM 003 - 003 77.02 41.82 71.77 82.88 8.71 0.00 296.70 228.38 0.00 P-DP 0.00 GETTY PS 7 FEDERAL 001 - 001 109.25 52.45 76.23 98.36 10.34 0.00 352.10 253.19 0.00 P-DP 0.00 GETTY PS 7 FEDERAL 002 - 002 3

Lease Name Life (years) Helium (MMcf) Gas (MMcf) Gas (M$) Helium (M$) Other (M$) Expense & Tax (M$) Invest. (M$) Non-Disc. (M$) Cash Flow Net Reserves Net Revenue Project Name : As of Date: 7/1/2023 Economic One-Liners Reserve Category NEW ERA HELIUM CORP. Disc. CF (M$) Risked / UnRisked MKM ENGINEERING TABLE 10 104.72 48.81 86.74 104.50 10.98 0.00 373.91 280.18 0.00 P-DP 0.00 GLOBE MN FEDERAL 003 48.54 32.00 78.87 77.11 8.10 0.00 275.94 235.50 0.00 P-DP 0.00 GLOBE MN FEDERAL COM 004 - 004 -4.57 13.09 64.00 46.29 4.87 0.00 165.68 175.12 0.00 P-DP 0.00 GRAFA RW FEDERAL 001 - 001 46.30 28.87 64.15 53.57 5.63 0.00 191.86 151.19 0.00 P-DP 0.00 GRAFA RW FEDERAL 002 - 002 70.83 37.24 69.41 63.91 6.72 0.00 228.90 164.79 0.00 P-DP 0.00 GRAFA RW FEDERAL 004 - 004 21.68 15.61 60.38 30.84 3.24 0.00 110.47 92.02 0.00 P-DP 0.00 GRYNBERG LZ STATE 001 - 001 30.73 19.07 63.51 35.42 3.73 0.00 126.86 99.86 0.00 P-DP 0.00 GRYNBERG LZ STATE 003 - 003 43.76 23.85 67.24 41.73 4.39 0.00 149.46 110.09 0.00 P-DP 0.00 GRYNBERG LZ STATE 004 - 004 112.48 47.10 80.07 72.44 7.62 0.00 259.42 154.55 0.00 P-DP 0.00 GRYNBERG LZ STATE 005 - 005 48.66 25.60 68.48 44.05 4.63 0.00 157.75 113.72 0.00 P-DP 0.00 GRYNBERG LZ STATE 006 - 006 -10.69 -4.14 20.01 3.49 0.37 0.00 12.53 23.58 0.00 P-DP 0.00 GRYNBERG LZ STATE 007 <ABO> - 007 63.17 30.67 71.75 50.74 5.34 0.00 181.72 123.88 0.00 P-DP 0.00 GRYNBERG LZ STATE 008 - 008 33.10 21.59 61.21 41.19 4.33 0.00 147.55 118.78 0.00 P-DP 0.00 GYP MO FEDERAL 001 - 001 104.73 49.33 72.81 80.46 8.46 0.00 288.16 191.89 0.00 P-DP 0.00 GYP MO FEDERAL 002 - 002 23.35 23.45 75.03 62.30 6.55 0.00 222.96 206.16 0.00 P-DP 0.00 HANAGAN A FEDERAL 002 - 002 -1.83 8.99 56.79 28.56 3.00 0.00 102.28 107.11 0.00 P-DP 0.00 HANAGAN FED 001 - 001 29.00 21.55 61.20 42.47 4.47 0.00 152.12 127.58 0.00 P-DP 0.00 HANAGAN FED 002 - 002 165.26 65.06 93.93 129.97 13.66 0.00 465.03 313.43 0.00 P-DP 0.00 HANAGAN FED 004 - 004 -23.77 -5.84 27.33 11.57 1.22 0.00 41.49 66.48 0.00 P-DP 0.00 HANCOCK AHC 001 - 001 745.58 208.17 99.50 355.38 37.34 0.00 1,271.53 563.30 0.00 P-DP 0.00 HARGROVE AFH 001 - 001 -26.90 0.95 50.06 24.81 2.61 0.00 88.81 118.32 0.00 P-DP 0.00 HELEN COLLINS FEDERAL 004 - 004 3,008.36 753.06 99.50 1,202.25 126.33 0.00 4,301.53 1,419.51 0.00 P-DP 0.00 HELEN COLLINS FEDERAL 005 - 005 36.77 27.60 78.39 68.56 7.21 0.00 245.34 215.78 0.00 P-DP 0.00 HELEN COLLINS FEDERAL 006 - 006 -20.69 4.94 56.15 31.40 3.30 0.00 112.38 136.37 0.00 P-DP 0.00 HELEN COLLINS FEDERAL 007 - 007 13.61 18.08 72.85 50.48 5.31 0.00 180.65 172.34 0.00 P-DP 0.00 HELEN COLLINS FEDERAL COM 001 - 001 -16.41 -6.31 21.26 4.53 0.48 0.00 16.24 33.13 0.00 P-DP 0.00 HELEN FEDERAL COM 001 - 001 -16.88 7.66 58.51 37.36 3.93 0.00 133.73 154.54 0.00 P-DP 0.00 HOBBS FEDERAL 001 - 001 -6.58 11.74 56.53 39.70 4.17 0.00 142.14 152.89 0.00 P-DP 0.00 HOBBS FEDERAL 002 - 002 -14.62 7.07 51.10 32.69 3.44 0.00 117.08 135.14 0.00 P-DP 0.00 HOBBS FEDERAL 003 - 003 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 P-DP 0.00 HORSE CREEK COM 001 - 001 59.76 37.53 63.67 69.95 7.36 0.00 250.52 198.11 0.00 P-DP 0.00 HUGGINS FEDERAL 001 - 001 2.77 14.24 66.95 45.15 4.74 0.00 161.57 163.55 0.00 P-DP 0.00 IRWIN FEDERAL 001 - 001 38.93 25.77 80.75 61.76 6.49 0.00 221.00 188.56 0.00 P-DP 0.00 ISLER FEE 002 - 002 60.92 36.50 82.87 84.80 8.91 0.00 303.45 251.44 0.00 P-DP 0.00 JAMIE COM 001 - 001 -24.25 4.13 54.72 31.67 3.33 0.00 113.37 140.95 0.00 P-DP 0.00 JAMIE COM 002 - 002 4

Lease Name Life (years) Helium (MMcf) Gas (MMcf) Gas (M$) Helium (M$) Other (M$) Expense & Tax (M$) Invest. (M$) Non-Disc. (M$) Cash Flow Net Reserves Net Revenue Project Name : As of Date: 7/1/2023 Economic One-Liners Reserve Category NEW ERA HELIUM CORP. Disc. CF (M$) Risked / UnRisked MKM ENGINEERING TABLE 10 139.90 59.65 93.67 122.59 12.88 0.00 438.63 311.61 0.00 P-DP 0.00 JESS FEDERAL 001 - 001 -31.67 -5.55 36.27 15.15 1.59 0.00 54.28 87.54 0.00 P-DP 0.00 JESS FEDERAL 002 - 002 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 P-DP 0.00 JILL FEDERAL #001 - 001 -9.29 3.83 50.01 18.95 1.99 0.00 67.85 79.13 0.00 P-DP 0.00 JJ 1 FEDERAL COM #004 - 004 297.07 117.62 85.20 175.41 18.45 0.00 628.15 349.53 0.00 P-DP 0.00 JJ FEDERAL #001 - 001 -13.43 -0.31 36.75 12.13 1.28 0.00 43.49 58.20 0.00 P-DP 0.00 JJ FEDERAL #002 - 002 -18.91 -0.61 36.47 16.67 1.75 0.00 59.76 80.43 0.00 P-DP 0.00 JJ FEDERAL #003 - 003 81.61 45.56 66.46 80.65 8.48 0.00 288.86 215.73 0.00 P-DP 0.00 KISNER TB FEDERAL 001 - 001 -24.34 -4.66 30.20 13.50 1.42 0.00 48.42 74.18 0.00 P-DP 0.00 KUYKENDALL OP COM 001 - 001 -18.77 2.22 40.44 23.30 2.45 0.00 83.50 104.72 0.00 P-DP 0.00 LANGLEY RJ FEDERAL 001 - 001 61.59 38.19 63.52 70.90 7.46 0.00 253.95 199.82 0.00 P-DP 0.00 LANGLEY RJ FEDERAL 002 - 002 178.78 70.37 97.06 140.12 14.72 0.00 501.34 337.29 0.00 P-DP 0.00 LANGLEY RJ FEDERAL 003 - 003 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 P-DP 0.00 LANGLEY RJ FEDERAL 004 - 004 96.23 47.31 65.68 83.81 8.81 0.00 300.12 212.70 0.00 P-DP 0.00 LAURALEA 001 - 001 193.23 81.16 72.78 125.42 13.19 0.00 449.16 269.12 0.00 P-DP 0.00 LAURALEA 002 - 002 190.73 81.65 74.14 127.17 13.37 0.00 455.42 278.06 0.00 P-DP 0.00 LAURALEA 003 - 003 -22.70 -1.82 34.86 17.57 1.85 0.00 62.99 87.53 0.00 P-DP 0.00 LEEMAN FEDERAL #001 - 001 30.97 26.57 58.61 55.52 5.84 0.00 198.86 173.73 0.00 P-DP 0.00 LEEMAN FEDERAL #002 - 002 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 P-DP 0.00 LEEMAN FEDERAL #005 - 005 -24.54 -5.42 28.85 12.42 1.31 0.00 44.53 70.38 0.00 P-DP 0.00 LILLIE RB FEDERAL 001 - 001 103.68 44.29 76.83 68.91 7.25 0.00 246.79 150.35 0.00 P-DP 0.00 LILLIE RB FEDERAL 002 - 002 -7.80 5.22 60.71 22.47 2.36 0.00 80.43 90.58 0.00 P-DP 0.00 LISA FEDERAL #001 - 001 22.89 23.32 57.21 51.32 5.40 0.00 183.82 166.32 0.00 P-DP 0.00 LODEWICK FEDERAL 002 - 002 44.11 31.87 61.66 62.64 6.59 0.00 224.35 186.82 0.00 P-DP 0.00 LODEWICK FEDERAL 003 - 003 100.78 48.46 89.33 104.24 10.95 0.00 372.96 283.14 0.00 P-DP 0.00 LODEWICK FEDERAL COM 001 - 001 -22.67 -7.69 22.54 8.29 0.87 0.00 29.75 53.29 0.00 P-DP 0.00 LODEWICK FEDERAL COM 004 - 004 63.90 31.12 72.88 51.44 5.41 0.00 184.20 125.71 0.00 P-DP 0.00 LODEWICK FEDERAL COM 005 - 005 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 P-DP 0.00 LORETTA BBO STATE 001 - 001 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 P-DP 0.00 LORETTA BBO STATE COM 002 - 002 113.96 49.73 78.90 75.87 7.98 0.00 271.78 165.80 0.00 P-DP 0.00 LUKE FEDERAL COM #001 - 001 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 P-DP 0.00 MARGARET RQ STATE 001 - 001 153.53 63.35 94.40 128.63 13.52 0.00 460.22 320.21 0.00 P-DP 0.00 MARGARET RQ STATE 003 - 003 15.59 20.27 55.32 47.41 4.99 0.00 169.81 159.21 0.00 P-DP 0.00 MARGARET RQ STATE 005 - 005 -3.07 3.83 65.06 14.59 1.53 0.00 52.23 56.84 0.00 P-DP 0.00 MC KAY-PENNZOIL 001 - 001 30.73 18.62 71.26 38.31 4.03 0.00 137.15 110.46 0.00 P-DP 0.00 MCCLELLAN MB FEDERAL 001 - 001 5

Lease Name Life (years) Helium (MMcf) Gas (MMcf) Gas (M$) Helium (M$) Other (M$) Expense & Tax (M$) Invest. (M$) Non-Disc. (M$) Cash Flow Net Reserves Net Revenue Project Name : As of Date: 7/1/2023 Economic One-Liners Reserve Category NEW ERA HELIUM CORP. Disc. CF (M$) Risked / UnRisked MKM ENGINEERING TABLE 10 73.74 32.64 82.47 58.72 6.17 0.00 210.20 142.63 0.00 P-DP 0.00 MCCLELLAN MB FEDERAL 002 - 002 -1.08 6.36 55.48 20.41 2.15 0.00 73.10 76.32 0.00 P-DP 0.00 MCCLELLAN MB FEDERAL 004 - 004 87.21 36.79 85.08 64.77 6.81 0.00 231.86 151.46 0.00 P-DP 0.00 MCCLELLAN MB FEDERAL 005 - 005 34.00 20.29 64.52 37.03 3.89 0.00 132.64 102.53 0.00 P-DP 0.00 MCCLELLAN MB FEDERAL 006 - 006 95.77 41.63 77.61 65.22 6.86 0.00 233.56 144.66 0.00 P-DP 0.00 MCCLELLAN MB FEDERAL 007 - 007 63.76 39.70 65.52 73.01 7.68 0.00 261.48 205.41 0.00 P-DP 0.00 MCCLELLAN MOC FEDERAL #001 - 001 20.73 23.65 74.95 63.85 6.71 0.00 228.48 214.45 0.00 P-DP 0.00 MCCLELLAN MOC FEDERAL #002 - 002 40.00 30.62 61.46 61.04 6.42 0.00 218.64 185.06 0.00 P-DP 0.00 MCCLELLAN MOC FEDERAL #003 - 003 75.19 43.91 67.18 78.55 8.26 0.00 281.32 214.39 0.00 P-DP 0.00 MCCLELLAN MOC FEDERAL #004 - 004 25.65 24.83 58.46 53.41 5.62 0.00 191.31 171.28 0.00 P-DP 0.00 MCCLELLAN MOC FEDERAL #005 - 005 56.72 37.06 64.41 69.54 7.31 0.00 249.04 199.64 0.00 P-DP 0.00 MCCLELLAN MOC FEDERAL #006 - 006 34.46 28.41 60.35 58.13 6.11 0.00 208.20 179.86 0.00 P-DP 0.00 MCCLELLAN MOC FEDERAL #007 - 007 16.59 16.84 57.46 36.87 3.88 0.00 132.07 119.36 0.00 P-DP 0.00 MCCLELLAN MOC FEDERAL #008 - 008 29.95 26.60 59.43 55.75 5.86 0.00 199.68 175.59 0.00 P-DP 0.00 MCCLELLAN MOC FEDERAL #009 - 009 24.68 24.43 58.25 52.88 5.56 0.00 189.40 170.28 0.00 P-DP 0.00 MCCLELLAN MOC FEDERAL #010 - 010 36.04 29.06 60.69 58.98 6.20 0.00 211.26 181.41 0.00 P-DP 0.00 MCCLELLAN MOC FEDERAL #011 - 011 30.26 26.73 59.49 55.91 5.88 0.00 200.26 175.88 0.00 P-DP 0.00 MCCLELLAN MOC FEDERAL #012 - 012 35.18 28.71 60.51 58.52 6.15 0.00 209.61 180.58 0.00 P-DP 0.00 MCCLELLAN MOC FEDERAL #014 - 014 19.30 22.17 56.96 49.89 5.25 0.00 178.72 164.67 0.00 P-DP 0.00 MCCLELLAN MOC FEDERAL #017 - 017 52.54 35.47 63.70 67.44 7.09 0.00 241.53 196.08 0.00 P-DP 0.00 MCCLELLAN MOC FEDERAL #018 - 018 55.86 36.73 64.25 69.09 7.27 0.00 247.45 198.86 0.00 P-DP 0.00 MCCLELLAN MOC FEDERAL #019 - 019 -28.70 -9.05 25.94 8.63 0.91 0.00 30.94 60.55 0.00 P-DP 0.00 MCCLELLAN MOC FEDERAL #020 - 020 37.34 29.57 60.94 59.65 6.27 0.00 213.66 182.60 0.00 P-DP 0.00 MCCLELLAN MOC FEDERAL #021 - 021 107.41 48.31 77.56 76.52 8.05 0.00 274.01 174.65 0.00 P-DP 0.00 MCCLELLAN MOC FEDERAL #022 - 022 1.87 9.38 51.10 25.78 2.71 0.00 92.35 93.20 0.00 P-DP 0.00 MCCREA FEE COM #001 - 001 5.31 9.63 53.25 24.01 2.53 0.00 85.99 83.21 0.00 P-DP 0.00 MCCREA FEE COM #002 - 002 -22.85 -5.85 26.98 10.43 1.10 0.00 37.43 61.37 0.00 P-DP 0.00 MCKAY SAMEDAN 001 - 001 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 P-DP 0.00 MCKAY SAMEDAN 002 - 002 -6.81 8.21 63.62 31.23 3.28 0.00 111.76 121.85 0.00 P-DP 0.00 MCKAY WINSTON C 001 - 001 -15.06 4.79 43.04 26.49 2.79 0.00 94.92 112.77 0.00 P-DP 0.00 MCKAY-HARVEY FEDERAL 001 - 001 -24.07 -3.57 32.31 15.11 1.59 0.00 54.16 79.82 0.00 P-DP 0.00 MCKAY-HARVEY FEDERAL 002 - 002 -13.42 5.81 44.21 28.02 2.95 0.00 100.39 116.76 0.00 P-DP 0.00 MCKAY-HARVEY FEDERAL 003 - 003 15.15 20.03 55.23 47.01 4.95 0.00 168.41 158.20 0.00 P-DP 0.00 MCKAY-HARVEY FEDERAL 004 - 004 -11.50 -1.14 34.40 8.32 0.88 0.00 29.81 42.18 0.00 P-DP 0.00 MICHAEL ERIC 001 - 001 -11.60 -1.30 33.88 8.08 0.85 0.00 28.98 41.43 0.00 P-DP 0.00 MICHAEL ERIC 002 - 002 6

Lease Name Life (years) Helium (MMcf) Gas (MMcf) Gas (M$) Helium (M$) Other (M$) Expense & Tax (M$) Invest. (M$) Non-Disc. (M$) Cash Flow Net Reserves Net Revenue Project Name : As of Date: 7/1/2023 Economic One-Liners Reserve Category NEW ERA HELIUM CORP. Disc. CF (M$) Risked / UnRisked MKM ENGINEERING TABLE 10 -7.52 11.82 63.38 43.89 4.61 0.00 157.09 169.22 0.00 P-DP 0.00 MIKE FEDERAL COM 001 - 001 4.19 10.74 49.07 29.21 3.07 0.00 104.65 103.52 0.00 P-DP 0.00 MIKE HARVEY TR FEDERAL 001 - 001 37.12 25.83 59.60 50.75 5.34 0.00 181.78 150.00 0.00 P-DP 0.00 MILLER 001 - 001 -22.99 -3.10 32.71 15.24 1.60 0.00 54.65 79.24 0.00 P-DP 0.00 MM 25 FEDERAL #012 - 012 624.93 179.02 99.50 309.09 32.48 0.00 1,105.89 513.44 0.00 P-DP 0.00 MM FEDERAL #001 - 001 14.79 21.01 71.82 59.28 6.23 0.00 212.15 203.59 0.00 P-DP 0.00 MM FEDERAL #004 - 004 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 P-DP 0.00 MM FEDERAL #005 - 005 -27.70 -8.66 25.89 8.98 0.95 0.00 32.19 60.83 0.00 P-DP 0.00 MM FEDERAL #006 - 006 -23.64 -3.26 32.57 15.51 1.63 0.00 55.62 80.89 0.00 P-DP 0.00 MM FEDERAL #007 - 007 -21.25 -0.24 37.10 19.79 2.08 0.00 70.93 94.26 0.00 P-DP 0.00 MM FEDERAL #008 - 008 2.61 14.18 50.98 39.15 4.12 0.00 140.24 141.75 0.00 P-DP 0.00 MM FEDERAL #009 - 009 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 P-DP 0.00 MM FEDERAL #011 - 011 83.71 43.42 86.17 95.89 10.08 0.00 343.11 269.47 0.00 P-DP 0.00 MM FEDERAL COM #010 - 010 -20.95 -8.39 19.38 6.66 0.70 0.00 23.91 45.56 0.00 P-DP 0.00 MONAGHAN QY FEDERAL 001 - 001 348.29 112.16 99.50 205.78 21.62 0.00 736.28 409.61 0.00 P-DP 0.00 MONAGHAN QY FEDERAL 002 - 002 53.41 35.09 62.18 66.81 7.03 0.00 239.30 192.91 0.00 P-DP 0.00 MONAGHAN QY FEDERAL 004 - 004 83.28 42.98 85.19 95.26 10.01 0.00 340.88 267.60 0.00 P-DP 0.00 MONAGHAN QY FEDERAL 005 - 005 300.09 100.51 99.50 187.64 19.72 0.00 671.34 390.97 0.00 P-DP 0.00 MONAGHAN QY FEDERAL 006 - 006 -31.52 -1.53 45.68 22.40 2.36 0.00 80.20 114.08 0.00 P-DP 0.00 MONAGHAN QY FEDERAL 008 - 008 -19.04 -8.66 16.76 5.42 0.57 0.00 19.46 39.07 0.00 P-DP 0.00 MONAGHAN QY FEDERAL 009 - 009 -23.63 -7.16 24.46 9.47 1.00 0.00 33.99 58.61 0.00 P-DP 0.00 MONAGHAN QY FEDERAL 010 - 010 28.87 25.50 64.80 59.51 6.26 0.00 213.05 190.44 0.00 P-DP 0.00 MONAGHAN QY FEDERAL 011 - 011 141.63 59.99 93.06 123.13 12.94 0.00 440.56 311.87 0.00 P-DP 0.00 MONAGHAN QY FEDERAL 012 - 012 23.56 23.18 56.19 51.06 5.37 0.00 182.91 164.72 0.00 P-DP 0.00 MONAGHAN QY FEDERAL 013 - 013 508.09 150.78 99.50 265.96 27.95 0.00 951.58 471.43 0.00 P-DP 0.00 MOUNTAIN VR FEDERAL COM. 001 - 001 37.74 29.12 78.16 72.84 7.65 0.00 260.65 230.57 0.00 P-DP 0.00 MOUNTAIN VR FEDERAL COM. 002 - 002 44.86 28.78 81.17 68.37 7.18 0.00 244.64 206.97 0.00 P-DP 0.00 NICHOLS DALE FEDERAL 005 - 005 338.09 105.36 99.50 190.40 20.01 0.00 681.25 363.17 0.00 P-DP 0.00 NICHOLS DALE FEDERAL 006 - 006 54.58 31.84 83.30 73.37 7.71 0.00 262.55 215.68 0.00 P-DP 0.00 NICHOLS DALE FEDERAL 007 - 007 -22.82 1.90 51.75 24.23 2.55 0.00 86.73 112.10 0.00 P-DP 0.00 NICHOLS DALE FEDERAL COM 008 - 008 -19.34 3.81 55.39 26.79 2.82 0.00 95.88 118.04 0.00 P-DP 0.00 O'CONNELL FED COM 001 - 001 -8.38 11.05 63.90 41.49 4.36 0.00 148.49 161.23 0.00 P-DP 0.00 O'CONNELL VX FEDERAL 001 - 001 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 P-DP 0.00 PATHFINDER - SAN ANDRES WELLS 194.88 72.50 99.50 141.12 14.83 0.00 504.91 324.86 0.00 P-DP 0.00 PAUL HICKS FEDERAL 001 - 001 -25.40 1.72 49.21 27.36 2.88 0.00 97.94 126.22 0.00 P-DP 0.00 PAULETTE PV STATE 002 - 002 7

Lease Name Life (years) Helium (MMcf) Gas (MMcf) Gas (M$) Helium (M$) Other (M$) Expense & Tax (M$) Invest. (M$) Non-Disc. (M$) Cash Flow Net Reserves Net Revenue Project Name : As of Date: 7/1/2023 Economic One-Liners Reserve Category NEW ERA HELIUM CORP. Disc. CF (M$) Risked / UnRisked MKM ENGINEERING TABLE 10 148.16 68.51 73.24 110.81 11.65 0.00 396.85 260.34 0.00 P-DP 0.00 PAULETTE PV STATE 004 - 004 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 P-DP 0.00 PAULETTE PV STATE 005 - 005 41.23 30.02 61.52 59.18 6.22 0.00 211.98 176.97 0.00 P-DP 0.00 PECOS B FEDERAL 001 - 001 -30.89 -7.53 31.12 11.71 1.23 0.00 41.97 74.10 0.00 P-DP 0.00 PECOS FEDERAL 001 - 001 402.69 125.30 99.50 226.27 23.78 0.00 809.57 430.66 0.00 P-DP 0.00 PECOS FEDERAL 002 - 002 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 P-DP 0.00 PECOS RIVER FEDERAL #001 - 001 15.45 18.30 73.03 50.18 5.27 0.00 179.59 169.41 0.00 P-DP 0.00 PECOS STATE 16 #002 - 002 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 P-DP 0.00 PECOS STATE 16 #003 - 003 31.19 23.70 77.79 59.00 6.20 0.00 211.11 186.12 0.00 P-DP 0.00 PECOS STATE 16 #004 - 004 -22.52 -1.63 35.13 17.84 1.88 0.00 63.96 88.36 0.00 P-DP 0.00 PENJACK FEDERAL #001 - 001 264.96 107.37 83.31 161.93 17.03 0.00 579.87 331.94 0.00 P-DP 0.00 PENJACK FEDERAL #002 - 002 257.44 104.96 82.83 158.75 16.69 0.00 568.48 327.73 0.00 P-DP 0.00 PENJACK FEDERAL #003 - 003 548.24 160.49 99.50 280.29 29.45 0.00 1,002.85 484.06 0.00 P-DP 0.00 PENJACK FEDERAL #004 - 004 307.16 120.82 85.76 179.62 18.89 0.00 643.23 354.96 0.00 P-DP 0.00 PENJACK FEDERAL #006 - 006 220.13 92.89 80.35 142.87 15.02 0.00 511.61 306.51 0.00 P-DP 0.00 PENJACK FEDERAL #007 - 007 43.08 31.40 61.05 61.89 6.51 0.00 221.68 185.11 0.00 P-DP 0.00 PENJACK FEDERAL #008 - 008 213.49 89.41 80.88 136.99 14.41 0.00 490.57 291.49 0.00 P-DP 0.00 PENJACK FEDERAL #009 - 009 296.01 98.83 99.50 183.72 19.31 0.00 657.32 380.62 0.00 P-DP 0.00 PENJACK FEDERAL #010 - 010 37.06 28.31 77.71 70.59 7.42 0.00 252.62 222.98 0.00 P-DP 0.00 PENJACK FEDERAL #011Q - 011Q 10.49 11.47 73.69 31.00 3.26 0.00 110.92 103.69 0.00 P-DP 0.00 PJ FEDERAL COM #002 - 002 48.17 25.62 84.18 57.45 6.04 0.00 205.55 163.42 0.00 P-DP 0.00 PLAINS QN COM 001 -15.98 3.00 40.00 24.01 2.53 0.00 86.06 104.57 0.00 P-DP 0.00 POWERS OL FEDERAL 004 - 004 141.46 56.33 83.31 84.57 8.89 0.00 302.86 170.30 0.00 P-DP 0.00 POWERS OL FEDERAL 005 - 005 112.70 56.39 69.77 94.85 9.98 0.00 339.70 236.97 0.00 P-DP 0.00 POWERS OL FEDERAL 009 - 009 129.56 62.23 71.58 102.56 10.79 0.00 367.31 248.53 0.00 P-DP 0.00 POWERS OL FEDERAL 012 - 012 -6.64 -0.75 23.82 6.46 0.68 0.00 23.20 30.52 0.00 P-DP 0.00 POWERS OL FEDERAL COM 003 - 003 80.00 36.29 74.49 58.11 6.11 0.00 208.10 134.21 0.00 P-DP 0.00 POWERS OL FEDERAL COM 013 - 013 42.47 30.51 78.68 74.81 7.86 0.00 267.68 233.08 0.00 P-DP 0.00 PZ FEDERAL #001 - 001 74.84 43.37 66.18 77.67 8.17 0.00 278.17 211.50 0.00 P-DP 0.00 PZ FEDERAL #002 - 002 211.64 77.96 99.50 151.21 15.89 0.00 541.02 345.27 0.00 P-DP 0.00 RAILROAD STATE 001 - 001 143.48 48.67 99.50 91.35 9.60 0.00 326.83 192.95 0.00 P-DP 0.00 RATTLESNAKE NZ STATE COM 001 - 001 16.37 19.76 53.57 46.39 4.88 0.00 166.18 154.68 0.00 P-DP 0.00 RED ROCK NB FEDERAL 003 - 003 -23.97 -6.79 25.54 10.15 1.07 0.00 36.40 61.44 0.00 P-DP 0.00 REDMAN OY STATE 002 - 002 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 P-DP 0.00 REDMAN OY STATE 003 - 003 -18.84 -8.66 16.51 5.31 0.56 0.00 19.09 38.49 0.00 P-DP 0.00 REDMAN OY STATE 005 - 005 8

Lease Name Life (years) Helium (MMcf) Gas (MMcf) Gas (M$) Helium (M$) Other (M$) Expense & Tax (M$) Invest. (M$) Non-Disc. (M$) Cash Flow Net Reserves Net Revenue Project Name : As of Date: 7/1/2023 Economic One-Liners Reserve Category NEW ERA HELIUM CORP. Disc. CF (M$) Risked / UnRisked MKM ENGINEERING TABLE 10 -21.56 -0.54 36.68 19.36 2.04 0.00 69.40 93.00 0.00 P-DP 0.00 RICK FEDERAL #002 - 002 -10.45 -0.04 37.30 9.91 1.04 0.00 35.51 47.01 0.00 P-DP 0.00 RICK FEDERAL COM #001 - 001 -31.66 -1.72 45.32 22.08 2.32 0.00 79.04 113.03 0.00 P-DP 0.00 RIVER BRIDGE UX STATE 001 - 001 34.13 23.01 75.84 56.41 5.93 0.00 201.85 173.65 0.00 P-DP 0.00 RIVER BRIDGE UX STATE 002 - 002 -1.61 5.29 39.12 15.97 1.68 0.00 57.26 60.56 0.00 P-DP 0.00 ROSE CANNON AOR COM 001 - 001 53.38 35.38 62.90 67.34 7.08 0.00 241.18 194.89 0.00 P-DP 0.00 ROSE FEDERAL 001 - 001 -21.45 -0.06 37.62 20.16 2.12 0.00 72.27 95.84 0.00 P-DP 0.00 ROSE FEDERAL 002 - 002 153.67 70.91 75.06 114.26 12.02 0.00 409.17 267.52 0.00 P-DP 0.00 ROSE FEDERAL 003 - 003 61.30 38.38 64.19 71.29 7.50 0.00 255.34 201.54 0.00 P-DP 0.00 ROSE FEDERAL 004 - 004 431.07 159.59 91.75 231.32 24.32 0.00 828.31 421.57 0.00 P-DP 0.00 ROSE FEDERAL 005 - 005 430.12 131.93 99.50 236.60 24.86 0.00 846.52 441.27 0.00 P-DP 0.00 ROSE FEDERAL 006 - 006 18.60 21.42 55.75 48.86 5.14 0.00 175.02 161.57 0.00 P-DP 0.00 ROSE FEDERAL 007 - 007 100.17 52.49 69.51 89.94 9.46 0.00 322.09 231.38 0.00 P-DP 0.00 ROSE FEDERAL 008 - 008 -3.77 11.03 48.60 35.07 3.69 0.00 125.66 133.11 0.00 P-DP 0.00 ROSE FEDERAL 009 - 009 211.42 90.06 79.75 139.54 14.67 0.00 499.72 302.97 0.00 P-DP 0.00 ROSE FEDERAL 014 - 014 -18.88 1.85 39.72 22.71 2.39 0.00 81.40 102.67 0.00 P-DP 0.00 ROSE FEDERAL 016 - 016 73.07 42.87 66.28 77.29 8.13 0.00 276.80 211.86 0.00 P-DP 0.00 ROSE FEDERAL COM 010 - 010 -2.63 10.08 49.15 31.30 3.29 0.00 112.12 118.04 0.00 P-DP 0.00 ROSE FEDERAL COM 011 - 011 75.08 34.86 74.75 56.35 5.93 0.00 201.80 132.64 0.00 P-DP 0.00 ROSE FEDERAL COM 012 - 012 21.50 19.34 58.49 41.03 4.32 0.00 146.98 129.80 0.00 P-DP 0.00 ROSE FEDERAL COM 013 - 013 146.97 61.00 81.25 93.35 9.82 0.00 334.31 197.15 0.00 P-DP 0.00 ROWLAND RN 001 - 001 -9.80 4.01 59.03 19.99 2.10 0.00 71.55 83.46 0.00 P-DP 0.00 ROWLAND RN 002 - 002 -13.03 -2.19 31.46 7.72 0.81 0.00 27.68 41.53 0.00 P-DP 0.00 SAGEBRUSH TY COM 001 - 001 -16.44 -8.37 14.35 4.26 0.45 0.00 15.31 32.20 0.00 P-DP 0.00 SAMEDAN 16-B STATE 003 - 003 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 P-DP 0.00 SANTA FE FEE #001 - 001 -20.82 -9.50 17.26 5.12 0.54 0.00 18.39 39.74 0.00 P-DP 0.00 SELDEN BDN COM 001 <ABO> - 001 -14.32 -8.26 11.63 3.35 0.35 0.00 12.06 26.74 0.00 P-DP 0.00 SELDEN BDN COM 001 <PENN> - 001 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 P-DP 0.00 SELDEN BDN COM 001 <WOLFCAMP> - 001 181.14 79.18 75.18 124.69 13.11 0.00 446.55 278.52 0.00 P-DP 0.00 SKINNY QO STATE 002 - 002 -10.25 5.91 42.02 27.69 2.91 0.00 99.21 112.37 0.00 P-DP 0.00 SKINNY QO STATE 004 - 004 46.74 31.77 59.21 62.07 6.53 0.00 222.33 182.11 0.00 P-DP 0.00 SKINNY QO STATE 005 - 005 56.59 35.57 60.96 67.09 7.06 0.00 240.30 190.77 0.00 P-DP 0.00 SKINNY QO STATE 006 - 006 -9.34 6.47 42.55 28.44 2.99 0.00 101.90 114.23 0.00 P-DP 0.00 SKINNY QO STATE 007 - 007 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 P-DP 0.00 SMERNOFF NL STATE 001 - 001 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 P-DP 0.00 SMERNOFF NL STATE 006 - 006 9

Lease Name Life (years) Helium (MMcf) Gas (MMcf) Gas (M$) Helium (M$) Other (M$) Expense & Tax (M$) Invest. (M$) Non-Disc. (M$) Cash Flow Net Reserves Net Revenue Project Name : As of Date: 7/1/2023 Economic One-Liners Reserve Category NEW ERA HELIUM CORP. Disc. CF (M$) Risked / UnRisked MKM ENGINEERING TABLE 10 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 P-DP 0.00 SMERNOFF NL STATE 007 - 007 -15.89 -3.42 33.38 6.54 0.69 0.00 23.43 40.00 0.00 P-DP 0.00 SMERNOFF NL STATE 009 - 009 38.08 23.75 64.06 44.08 4.64 0.00 157.88 124.44 0.00 P-DP 0.00 SMERNOFF NL STATE COM 002 - 002 -11.78 4.07 47.83 22.54 2.37 0.00 80.74 94.89 0.00 P-DP 0.00 SMERNOFF NL STATE COM 008 -15.40 4.58 43.03 26.50 2.79 0.00 94.96 113.15 0.00 P-DP 0.00 SOUTH ALKALI LK FEDERAL 001 - 001 154.92 64.13 95.72 130.13 13.67 0.00 465.62 324.37 0.00 P-DP 0.00 SOUTH ALKALI LK FEDERAL 002 - 002 116.06 58.13 71.52 97.43 10.25 0.00 348.92 243.11 0.00 P-DP 0.00 SOUTH ALKALI LK FEDERAL 003 - 003 86.72 47.78 68.03 83.75 8.81 0.00 299.96 222.04 0.00 P-DP 0.00 SOUTH ALKALI LK FEDERAL 004 - 004 46.16 31.83 79.79 77.24 8.12 0.00 276.39 238.34 0.00 P-DP 0.00 SOUTH ALKALI LK FEDERAL 005 - 005 127.01 61.92 72.68 102.43 10.77 0.00 366.82 250.58 0.00 P-DP 0.00 SOUTH ALKALI LK FEDERAL 006 - 006 169.55 75.63 77.30 119.80 12.60 0.00 429.02 272.07 0.00 P-DP 0.00 SPRING FEDERAL 001 - 001 138.11 65.65 73.98 107.25 11.28 0.00 384.09 257.26 0.00 P-DP 0.00 SPRING FEDERAL 002 - 002 16.16 18.61 56.15 42.31 4.45 0.00 151.55 139.84 0.00 P-DP 0.00 SPRING FEDERAL COM 003 - 003 -19.66 -8.61 17.56 5.78 0.61 0.00 20.77 41.04 0.00 P-DP 0.00 SPRINGER TK STATE COM 003 - 003 78.04 41.87 85.75 93.71 9.85 0.00 335.31 267.12 0.00 P-DP 0.00 STANCEL FEDERAL 001 - 001 -32.80 -4.73 39.00 16.91 1.78 0.00 60.55 95.13 0.00 P-DP 0.00 STANCEL FEDERAL 002 - 002 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 P-DP 0.00 STANCEL FEDERAL 003 - 003 -13.61 -0.81 25.92 14.25 1.50 0.00 51.16 66.28 0.00 P-DP 0.00 STANCEL FEDERAL 005 - 005 218.71 80.70 99.50 156.62 16.46 0.00 560.35 358.10 0.00 P-DP 0.00 STANCEL FEDERAL 006 - 006 56.11 32.93 66.29 59.37 6.24 0.00 212.62 162.75 0.00 P-DP 0.00 STANCEL FEDERAL 007 - 007 187.57 71.83 99.23 141.34 14.85 0.00 505.71 333.00 0.00 P-DP 0.00 STANCEL FEDERAL COM 004 - 004 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 P-DP 0.00 STATE 16 003 - 003 -22.08 -7.09 23.49 8.45 0.89 0.00 30.31 53.28 0.00 P-DP 0.00 STATE 16 004 (ABO) - 004 280.19 111.79 83.12 167.98 17.66 0.00 601.55 339.02 0.00 P-DP 0.00 STATE 25 COM 001 - 001 204.39 77.17 99.50 151.04 15.87 0.00 540.40 351.88 0.00 P-DP 0.00 STEWART FEDERAL 002 - 002 -20.07 -9.39 16.65 4.85 0.51 0.00 17.42 38.00 0.00 P-DP 0.00 STEWART FEDERAL 003 - 003 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 P-DP 0.00 SU FEDERAL #001 - 001 -15.97 -8.53 13.31 3.98 0.42 0.00 14.31 30.70 0.00 P-DP 0.00 SUMMERS COM 001 - 001 185.79 75.05 82.40 113.42 11.93 0.00 406.15 232.28 0.00 P-DP 0.00 SUMMERS COM 003 - 003 67.78 35.85 86.16 79.85 8.39 0.00 285.71 226.33 0.00 P-DP 0.00 SUN FEDERAL 002 - 002 -18.28 4.79 56.79 28.93 3.04 0.00 103.56 124.88 0.00 P-DP 0.00 SUN FEDERAL 003 - 003 20.42 20.65 74.97 54.96 5.78 0.00 196.67 182.03 0.00 P-DP 0.00 SUN FEDERAL 004 - 004 10.23 17.74 71.43 51.33 5.39 0.00 183.68 178.85 0.00 P-DP 0.00 SUN FEDERAL 005 - 005 84.21 33.58 97.49 66.96 7.04 0.00 239.57 162.39 0.00 P-DP 0.00 SUZANNE FEDERAL #001 - 001 140.25 59.30 91.98 121.81 12.80 0.00 435.82 308.37 0.00 P-DP 0.00 TECKLA MD FEDERAL 001 - 001 10

Lease Name Life (years) Helium (MMcf) Gas (MMcf) Gas (M$) Helium (M$) Other (M$) Expense & Tax (M$) Invest. (M$) Non-Disc. (M$) Cash Flow Net Reserves Net Revenue Project Name : As of Date: 7/1/2023 Economic One-Liners Reserve Category NEW ERA HELIUM CORP. Disc. CF (M$) Risked / UnRisked MKM ENGINEERING TABLE 10 57.87 34.79 79.83 81.68 8.58 0.00 292.26 242.98 0.00 P-DP 0.00 TECKLA MD FEDERAL 002 - 002 266.35 92.36 99.50 174.93 18.38 0.00 625.89 377.92 0.00 P-DP 0.00 TECKLA MD FEDERAL 003 - 003 379.70 119.75 99.50 217.61 22.87 0.00 778.60 421.76 0.00 P-DP 0.00 TECKLA MD FEDERAL 004Y - 004Y 47.94 31.60 77.85 76.45 8.03 0.00 273.58 233.67 0.00 P-DP 0.00 TECKLA MD FEDERAL 005 - 005 18.97 21.76 70.89 60.32 6.34 0.00 215.86 203.23 0.00 P-DP 0.00 TECKLA MD FEDERAL 006 - 006 83.06 42.58 84.20 94.44 9.92 0.00 337.92 264.78 0.00 P-DP 0.00 TECKLA MD FEDERAL 007 - 007 -22.04 -0.62 36.88 19.39 2.04 0.00 69.48 93.56 0.00 P-DP 0.00 TECKLA MD FEDERAL 009 - 009 41.47 29.49 76.48 72.99 7.67 0.00 261.19 227.39 0.00 P-DP 0.00 TECKLA MD FEDERAL 010 - 010 19.36 21.06 54.35 48.10 5.06 0.00 172.30 158.00 0.00 P-DP 0.00 THOMAS LN FEDERAL 001 - 001 286.75 113.83 83.37 170.64 17.94 0.00 611.08 342.27 0.00 P-DP 0.00 THOMAS LN FEDERAL 003 - 003 154.81 70.76 73.85 113.78 11.97 0.00 407.48 264.63 0.00 P-DP 0.00 THOMAS LN FEDERAL 004 - 004 -21.09 -7.37 21.66 8.32 0.88 0.00 29.87 51.84 0.00 P-DP 0.00 THOMAS LN FEDERAL 005 - 005 -22.94 -7.66 22.83 8.50 0.90 0.00 30.51 54.34 0.00 P-DP 0.00 THOMAS LN FEDERAL 006 - 006 -22.95 -7.64 22.86 8.52 0.90 0.00 30.59 54.44 0.00 P-DP 0.00 THOMAS LN FEDERAL 009 - 009 -11.42 2.07 39.20 17.40 1.83 0.00 62.35 75.60 0.00 P-DP 0.00 TREY AYR STATE COM 001 - 001 -13.26 -4.22 23.66 5.11 0.54 0.00 18.34 32.13 0.00 P-DP 0.00 TROUT FEDERAL COM 001 - 001 11.79 11.41 57.31 24.75 2.60 0.00 88.64 79.45 0.00 P-DP 0.00 TYRELL 13 FEDERAL COM #004 - 004 28.75 18.65 63.36 35.07 3.69 0.00 125.61 100.54 0.00 P-DP 0.00 TYRELL FEDERAL COM #001 - 001 53.24 27.36 70.60 46.28 4.87 0.00 165.75 117.38 0.00 P-DP 0.00 TYRELL FEDERAL COM #002 - 002 7.69 15.76 50.79 41.03 4.32 0.00 147.00 143.63 0.00 P-DP 0.00 UNRUH AFF FEDERAL COM 001 - 001 21.52 20.04 54.63 44.11 4.64 0.00 158.00 141.12 0.00 P-DP 0.00 VANCE A FEDERAL 001 - 001 43.19 28.73 59.79 55.56 5.84 0.00 198.99 161.65 0.00 P-DP 0.00 VANCE A FEDERAL 002 - 002 36.87 26.59 59.26 52.91 5.56 0.00 189.51 158.20 0.00 P-DP 0.00 VANCE FEDERAL 001 - 001 110.63 51.47 73.54 83.42 8.77 0.00 298.76 196.90 0.00 P-DP 0.00 VANCE FEDERAL 003 - 003 150.52 59.26 31.80 0.00 162.05 0.00 0.00 11.52 0.00 P-DP 0.00 WEST MOORE UNIT 103.14 36.73 40.73 0.00 111.03 0.00 0.00 7.89 0.00 P-DP 0.00 WM IDEN LSE 11,716.32 25,717.59 0.00 61,842.47 2,763.27 84,796.79 0.00 23,687.42 Total 99.50 0.00 Proved Rsv Class Non-Producing Rsv Category 3,128.03 -2,365.72 61.93 4,371.65 458.30 0.00 15,597.98 4,928.26 8,000.00 P-NP 0.00 GATHERING SYSTEM 3,303.20 874.86 100.00 0.00 3,556.02 0.00 0.00 252.83 0.00 P-NP 0.00 WM IDEN LSE -1,490.86 6,431.23 8,000.00 5,181.08 4,014.33 15,597.98 0.00 4,371.65 Total 100.00 0.00 Proved Rsv Class Undeveloped Rsv Category 2,823.97 879.14 98.57 455.41 1,053.31 1,751.03 1,624.90 921.47 683.80 P-UD 3.89 *ABO VT FED PUD 3 - 14257 11

Lease Name Life (years) Helium (MMcf) Gas (MMcf) Gas (M$) Helium (M$) Other (M$) Expense & Tax (M$) Invest. (M$) Non-Disc. (M$) Cash Flow Net Reserves Net Revenue Project Name : As of Date: 7/1/2023 Economic One-Liners Reserve Category NEW ERA HELIUM CORP. Disc. CF (M$) Risked / UnRisked MKM ENGINEERING TABLE 10 3,016.54 952.71 99.87 479.41 1,108.81 1,843.28 1,710.51 962.27 683.80 P-UD 4.10 *ADELL UJ FED COM PUD 4 - 14165 3,016.54 947.27 99.92 479.41 1,108.81 1,843.28 1,710.51 962.27 683.80 P-UD 4.10 *ADELL UJ FED COM PUD 5 - 14166 2,827.63 928.69 96.88 529.73 1,225.20 1,394.05 1,890.06 1,002.67 679.01 P-UD 3.10 *ALKALI FED PUD 10 - 14551 2,813.31 919.31 97.43 524.36 1,212.79 1,379.94 1,870.93 990.06 660.29 P-UD 3.07 *ANDREW UU PUD 5 - 14593 2,838.60 936.83 99.64 517.14 1,196.08 1,360.92 1,845.14 965.21 598.34 P-UD 3.02 *BENEDICT FED COM PUD 6 - 14546 3,058.70 1,023.13 98.72 561.43 1,298.52 1,477.48 2,003.17 1,051.93 668.54 P-UD 3.28 *BLYTHE SV PUD 3 - 14552 3,268.44 1,043.28 100.00 510.40 1,180.49 1,962.45 1,821.10 1,011.80 683.80 P-UD 4.36 *COMANCHE HILL 18 PUD 4 - 14184 3,268.43 1,037.69 100.00 510.38 1,180.46 1,962.40 1,821.05 1,011.67 683.80 P-UD 4.36 *COMANCHE HILL 18 PUD 5 - 14185 2,622.87 847.31 97.08 491.22 1,136.14 1,292.72 1,752.67 929.65 629.01 P-UD 2.87 *COYOTE DRAW FED PUD 2 - 14475 2,064.22 697.83 90.87 399.66 924.38 1,076.82 1,426.00 769.67 593.29 P-UD 2.39 *DALE FED PUD 1 - 14414 2,064.24 611.39 92.20 399.66 924.38 1,076.82 1,426.00 769.66 593.29 P-UD 2.39 *DALE FED PUD 4 - 14417 2,675.94 796.20 97.85 436.96 1,010.63 1,680.07 1,559.05 890.01 683.80 P-UD 3.73 *DANA FED PUD 9 - 14219 2,311.75 631.42 97.71 437.85 1,012.71 1,152.28 1,562.26 833.13 582.37 P-UD 2.56 *DORIS RI FED PUD 6 - 15321 3,119.58 1,111.39 97.98 570.02 1,318.40 1,500.10 2,040.60 1,055.72 683.80 P-UD 3.33 *GRAFA RW FED PUD 2 - 14496 2,501.39 892.02 92.31 473.11 1,094.25 1,274.70 1,688.05 901.77 653.85 P-UD 2.83 *HANAGAN A FED PUD 1 - 13712 2,501.38 887.23 92.37 473.11 1,094.25 1,274.70 1,688.05 901.77 653.85 P-UD 2.83 *HANAGAN A FED PUD 4 - 13709 2,187.83 769.86 89.52 427.72 989.26 1,152.40 1,527.94 824.28 657.49 P-UD 2.56 *HANAGAN FED PUD 2 - 14383 1,926.57 642.53 89.31 381.02 881.25 1,026.58 1,359.47 740.29 600.43 P-UD 2.28 *IRWIN FED PUD 2 - 14405 1,926.57 639.08 89.37 381.02 881.25 1,026.58 1,359.47 740.29 600.43 P-UD 2.28 *IRWIN FED PUD 4 - 14407 2,675.94 778.54 98.07 436.96 1,010.63 1,680.07 1,559.05 890.01 683.80 P-UD 3.73 *JILL FED PUD 5 - 14250 2,675.95 774.35 98.13 436.96 1,010.63 1,680.07 1,559.05 889.99 683.80 P-UD 3.73 *LEEMAN PUD 12 - 14237 2,675.96 770.57 98.18 436.96 1,010.63 1,680.07 1,559.05 889.99 683.80 P-UD 3.73 *LEEMAN PUD 14 - 14239 2,675.94 753.48 98.40 436.96 1,010.63 1,680.07 1,559.05 890.01 683.80 P-UD 3.73 *MM FED PUD 11 - 14267 2,675.94 745.36 98.51 436.96 1,010.63 1,680.07 1,559.05 890.01 683.80 P-UD 3.73 *MM FED PUD 8 - 14264 2,675.94 712.97 98.96 436.96 1,010.63 1,680.07 1,559.05 890.00 683.80 P-UD 3.73 *MM FED PUD 9 - 14265 3,113.35 1,099.87 98.04 570.02 1,318.40 1,500.10 2,038.51 1,059.85 683.80 P-UD 3.33 *MONAGHAN QY FED PUD 11 - 13846 3,106.77 1,088.03 98.09 570.02 1,318.40 1,500.10 2,036.30 1,064.21 683.80 P-UD 3.33 *MONAGHAN QY FED PUD 13 - 13848 3,099.44 1,075.21 98.15 570.02 1,318.40 1,500.10 2,033.83 1,069.09 683.80 P-UD 3.33 *MONAGHAN QY FED PUD 3 - 13838 3,099.44 1,069.43 98.21 570.02 1,318.40 1,500.10 2,033.83 1,069.09 683.80 P-UD 3.33 *MONAGHAN QY FED PUD 4 - 13839 2,970.61 864.38 100.00 473.60 1,095.37 1,820.95 1,689.79 951.70 683.80 P-UD 4.05 *MOUNTAIN VR FED COM PUD 1 - 14163 2,675.94 745.36 98.51 436.96 1,010.63 1,680.07 1,559.05 890.01 683.80 P-UD 3.73 *PZ FED PUD 3 - 14346 2,787.32 881.00 99.68 509.70 1,178.87 1,341.34 1,818.60 953.17 598.33 P-UD 2.98 *RED ROCK NB FED PUD 5 - 15316 3,304.34 1,150.42 99.50 599.75 1,387.15 1,578.32 2,139.89 1,117.23 683.80 P-UD 3.51 *REDMAN OY STATE PUD 4 - 13817 2,614.70 842.76 97.36 488.39 1,129.59 1,285.27 1,742.57 923.08 619.64 P-UD 2.86 *ROSE FED PUD 11 - 14467 2,575.64 916.45 93.09 483.08 1,117.31 1,301.57 1,723.63 917.26 649.61 P-UD 2.89 *SAMEDAN 16-6 STATE PUD 1 - 14386 12

Lease Name Life (years) Helium (MMcf) Gas (MMcf) Gas (M$) Helium (M$) Other (M$) Expense & Tax (M$) Invest. (M$) Non-Disc. (M$) Cash Flow Net Reserves Net Revenue Project Name : As of Date: 7/1/2023 Economic One-Liners Reserve Category NEW ERA HELIUM CORP. Disc. CF (M$) Risked / UnRisked MKM ENGINEERING TABLE 10 2,675.94 678.44 99.46 436.96 1,010.63 1,680.07 1,559.05 890.01 683.80 P-UD 3.73 *SANTA FE FEE PUD 1 - 14222 2,625.38 635.72 100.00 482.53 1,116.03 1,269.84 1,721.66 902.30 579.86 P-UD 2.82 *SMERNOFF NL STATE COM PUD 4 - 15325 2,321.02 533.71 97.32 392.66 908.18 1,509.75 1,401.01 814.11 683.80 P-UD 3.36 *SU FED PUD 2 - 14224 2,891.19 710.78 100.00 463.43 1,071.86 1,781.87 1,653.52 932.26 683.80 P-UD 3.96 *SUMMERS COM PUD 20 - 14303 2,891.14 680.25 100.00 463.32 1,071.60 1,781.42 1,653.11 931.19 683.80 P-UD 3.96 *SUMMERS COM PUD 21 - 14304 2,891.06 650.63 100.00 463.20 1,071.32 1,780.96 1,652.68 930.11 683.80 P-UD 3.96 *SUMMERS COM PUD 6 - 14197 3,149.21 718.45 100.00 494.93 1,144.71 1,902.97 1,765.90 980.56 683.80 P-UD 4.23 *UNRUH AFF FED COM PUD 2 - 14178 2,064.22 642.32 91.70 399.66 924.38 1,076.82 1,426.00 769.67 593.29 P-UD 2.39 *VANCE FED PUD 1 - 15219 2,064.24 553.47 93.20 399.66 924.38 1,076.82 1,426.00 769.66 593.29 P-UD 2.39 *VANCE FED PUD 2 - 14412 2,782.71 1,049.62 93.00 516.15 1,193.79 1,390.66 1,847.82 965.77 683.80 P-UD 3.09 *WHEELER AFE FED PUD 2 - 14362 2,776.94 1,038.83 93.06 516.15 1,193.79 1,390.66 1,845.88 969.60 683.80 P-UD 3.09 *WHEELER AFE FED PUD 4 - 14364 2,799.18 755.90 100.00 452.49 1,046.57 1,739.81 1,614.49 917.89 683.80 P-UD 3.87 ABO VT FED PUD 2 - 14256 2,799.14 688.00 100.00 452.26 1,046.02 1,738.90 1,613.65 915.63 683.80 P-UD 3.86 ABO VT FED PUD 4 - 14258 2,944.78 765.09 100.00 470.27 1,087.68 1,808.15 1,677.91 945.17 683.80 P-UD 4.02 ADELL UJ FED COM PUD 1 - 14160 2,944.84 808.84 100.00 470.41 1,088.01 1,808.71 1,678.43 946.50 683.80 P-UD 4.02 ADELL UJ FED COM PUD 2 - 14161 2,944.79 773.64 100.00 470.30 1,087.74 1,808.27 1,678.02 945.43 683.80 P-UD 4.02 ADELL UJ FED COM PUD 3 - 14162 2,944.71 728.24 100.00 470.14 1,087.37 1,807.65 1,677.45 943.96 683.80 P-UD 4.02 ADELL UJ FED COM PUD 9 - 14318 3,240.10 789.16 100.00 506.37 1,171.17 1,946.95 1,806.72 1,000.94 683.80 P-UD 4.33 BITTER LAKE PX STATE PUD 2 - 14172 3,239.93 755.01 100.00 506.24 1,170.87 1,946.45 1,806.25 999.84 683.80 P-UD 4.33 BITTER LAKE PX STATE PUD 5 - 14175 2,652.05 572.53 100.00 433.89 1,003.54 1,668.28 1,548.11 884.08 683.80 P-UD 3.71 BO FED PUD 1 - 14242 963.86 136.92 80.19 258.47 597.81 680.20 922.21 552.55 683.80 P-UD 1.51 BRADEN FED PUD 1 - 13869 3,239.67 714.40 100.00 506.07 1,170.48 1,945.81 1,805.65 998.47 683.80 P-UD 4.32 COMANCHE HILL 18 PUD 1 - 14181 1,265.97 263.70 83.93 300.39 694.77 809.34 1,071.79 626.13 683.80 P-UD 1.80 COYOTE DRAW FED PUD 1 - 14373 1,164.69 206.64 85.54 276.36 639.19 744.60 986.05 576.05 629.10 P-UD 1.65 COYOTE FED PUD 1 - 14393 1,164.70 198.82 85.93 276.36 639.19 744.60 986.05 576.03 629.10 P-UD 1.65 COYOTE FED PUD 2 - 14394 1,601.00 384.01 87.63 351.91 813.93 926.10 1,255.61 710.84 683.80 P-UD 2.06 EVERETTE OO PUD 1 - 13854 1,601.00 351.50 88.52 351.91 813.93 926.10 1,255.61 710.84 683.80 P-UD 2.06 EVERETTE OO PUD 5 - 13858 1,601.01 367.31 88.08 351.91 813.93 926.10 1,255.61 710.82 683.80 P-UD 2.06 EVERETTE OO PUD 6 - 13859 20,176.65 9,282.03 62.76 0.00 9,652.69 12,352.32 0.00 1,828.35 0.00 P-UD 27.45 GATHERING SYSTEM - Helium 1,542.91 344.07 87.54 343.42 794.28 903.75 1,225.30 696.62 683.80 P-UD 2.01 GRAFA RW FED PUD 1 - 14466 1,542.92 365.50 86.93 343.42 794.28 903.75 1,225.30 696.61 683.80 P-UD 2.01 GRAFA RW PUD 1 - 14500 1,321.88 297.30 85.24 303.41 701.76 817.49 1,082.58 626.11 653.85 P-UD 1.82 HANAGAN A FED PUD 5 - 13710 1,321.88 295.72 85.30 303.41 701.76 817.49 1,082.58 626.10 653.85 P-UD 1.82 HANAGAN A FED PUD 6 - 13711 1,115.78 200.95 83.23 274.07 633.88 738.42 977.86 576.89 657.49 P-UD 1.64 HANAGAN FED PUD 3 - 14384 1,506.61 349.39 86.61 338.11 782.00 889.77 1,206.36 687.71 683.80 P-UD 1.98 HANCOCK AHC PUD 2 - 14494 13

Lease Name Life (years) Helium (MMcf) Gas (MMcf) Gas (M$) Helium (M$) Other (M$) Expense & Tax (M$) Invest. (M$) Non-Disc. (M$) Cash Flow Net Reserves Net Revenue Project Name : As of Date: 7/1/2023 Economic One-Liners Reserve Category NEW ERA HELIUM CORP. Disc. CF (M$) Risked / UnRisked MKM ENGINEERING TABLE 10 1,597.37 382.60 87.60 351.38 812.70 924.70 1,253.72 709.95 683.80 P-UD 2.05 HANCOCK AHC PUD 6 - 14594 976.43 144.00 84.13 244.09 564.55 657.65 870.91 516.24 600.43 P-UD 1.46 IRWIN FED PUD 1 - 14404 976.42 137.71 84.57 244.09 564.55 657.65 870.91 516.26 600.43 P-UD 1.46 IRWIN FED PUD 3 - 14406 976.42 136.99 84.63 244.09 564.55 657.65 870.91 516.26 600.43 P-UD 1.46 IRWIN FED PUD 5 - 14408 1,542.90 347.62 87.44 343.42 794.28 903.75 1,225.30 696.63 683.80 P-UD 2.01 KISNER TB FED PUD 1 - 14504 1,542.92 327.23 88.05 343.42 794.28 903.75 1,225.30 696.61 683.80 P-UD 2.01 LANGLEY RJ FED PUD 1 - 13865 1,542.90 314.69 88.44 343.42 794.28 903.75 1,225.30 696.63 683.80 P-UD 2.01 LANGLEY RJ FED PUD 3 - 14470 1,313.81 260.93 85.79 304.95 705.32 821.63 1,088.06 631.46 669.74 P-UD 1.83 LAURALEA PUD 1 - 14381 1,542.91 313.00 88.49 343.42 794.28 903.75 1,225.30 696.62 683.80 P-UD 2.01 MARGARET RQ STATE PUD 1 - 13819 1,371.34 315.47 86.01 309.87 716.70 834.90 1,105.63 636.28 649.61 P-UD 1.86 MCKAY SAMEDAN PUD 1 - 14385 1,260.64 261.83 85.20 293.24 678.22 790.07 1,046.27 607.60 646.32 P-UD 1.76 MIKE FED COM PUD 1 - 14391 1,260.64 247.83 85.75 293.24 678.22 790.07 1,046.27 607.60 646.32 P-UD 1.76 MIKE FED COM PUD 2 - 14392 1,542.91 311.48 88.54 343.42 794.28 903.75 1,225.30 696.62 683.80 P-UD 2.01 MONAGHAN QY FED PUD 1 - 13836 1,542.92 299.53 88.93 343.42 794.28 903.75 1,225.30 696.61 683.80 P-UD 2.01 MONAGHAN QY FED PUD 10 - 13845 1,542.91 297.94 88.99 343.42 794.28 903.75 1,225.30 696.61 683.80 P-UD 2.01 MONAGHAN QY FED PUD 14 - 13849 1,542.92 296.23 89.05 343.42 794.28 903.75 1,225.30 696.61 683.80 P-UD 2.01 MONAGHAN QY FED PUD 18 - 13853 1,542.90 284.88 89.44 343.42 794.28 903.75 1,225.30 696.63 683.80 P-UD 2.01 MONAGHAN QY FED PUD 2 - 13837 1,542.91 283.35 89.49 343.42 794.28 903.75 1,225.30 696.62 683.80 P-UD 2.01 MONAGHAN QY FED PUD 5 - 13840 1,260.65 237.03 86.20 293.24 678.22 790.07 1,046.27 607.59 646.32 P-UD 1.76 PAUL HICKS FED PUD 2 - 14389 1,260.64 235.77 86.26 293.24 678.22 790.07 1,046.27 607.59 646.32 P-UD 1.76 PAUL HICKS FED PUD 3 - 14390 134,416.91 34,697.44 99.50 0.00 59,375.98 86,707.80 0.00 11,666.87 0.00 P-UD 192.68 PDP- Helium 1,265.97 262.30 83.98 300.39 694.77 809.34 1,071.79 626.13 683.80 P-UD 1.80 PECOS FED PUD 1 - 14372 -20,500.00 -19,288.35 51.76 0.00 0.00 0.00 0.00 0.00 20,500.00 P-UD 0.00 PLANT & LINE TAP 1,411.35 272.48 90.23 307.07 710.23 827.35 1,095.64 622.62 599.25 P-UD 1.84 VANCE A FED PUD 2 - 14410 1,477.56 345.70 86.37 331.12 765.85 892.14 1,181.44 678.07 683.80 P-UD 1.98 WHEELER AFE FED PUD 5 - 14365 81,475.03 340,766.04 82,176.96 89,661.80 157,882.00 137,096.48 217,626.33 38,416.69 Total 100.00 483.61 Proved Rsv Class 91,700.49 372,914.87 90,176.96 156,685.36 164,659.60 237,491.26 217,626.33 66,475.76 Total 100.00 483.61 Probable Rsv Class Undeveloped Rsv Category 3,000.66 165.44 100.00 473.17 1,094.40 1,819.33 1,688.28 917.55 683.80 PR-UD 4.04 *ADELL UJ FED COM PrUD 12 - 15235 2,805.01 89.21 100.00 520.70 1,204.31 1,370.29 1,857.84 948.41 679.01 PR-UD 3.05 *ALKALI FED PrUD 16 - 14576 2,801.25 77.66 100.00 519.76 1,202.15 1,367.83 1,854.51 944.23 679.01 PR-UD 3.04 *ALKALI FED PrUD 19 - 15468 2,798.15 69.93 100.00 519.02 1,200.43 1,365.88 1,851.86 941.00 679.01 PR-UD 3.04 *ALKALI FED PrUD 21 - 15470 2,794.83 62.96 100.00 518.24 1,198.64 1,363.84 1,849.09 937.72 679.01 PR-UD 3.03 *ALKALI FED PrUD 26 - 15451 3,247.00 166.76 100.00 503.25 1,163.95 1,934.96 1,795.58 963.69 683.80 PR-UD 4.30 *BITTER LAKE PX STATE PrUD 3 - 14287 14

Lease Name Life (years) Helium (MMcf) Gas (MMcf) Gas (M$) Helium (M$) Other (M$) Expense & Tax (M$) Invest. (M$) Non-Disc. (M$) Cash Flow Net Reserves Net Revenue Project Name : As of Date: 7/1/2023 Economic One-Liners Reserve Category NEW ERA HELIUM CORP. Disc. CF (M$) Risked / UnRisked MKM ENGINEERING TABLE 10 1,780.59 172.92 100.00 324.19 749.82 853.16 1,156.72 594.49 384.64 PR-UD 1.90 *BURROWGRASS ABG FED COM PUD 7 - 15415 2,231.32 28.19 100.00 411.45 951.63 1,082.79 1,468.05 734.65 536.50 PR-UD 2.41 *CAMACK FED PrUD 1 - 15357 2,227.19 25.38 100.00 410.62 949.72 1,080.61 1,465.09 731.73 536.50 PR-UD 2.40 *CAMACK FED PrUD 3 - 15359 2,661.43 121.07 100.00 431.06 997.00 1,657.40 1,538.02 847.20 683.80 PR-UD 3.68 *DANA FED PUD 2 - 14212 2,077.17 36.88 100.00 414.98 959.80 1,092.08 1,480.64 776.32 679.01 PR-UD 2.43 *DORIS FED PrUD 1 - 14571 3,120.36 135.92 100.00 487.29 1,127.04 1,873.59 1,738.63 935.10 683.80 PR-UD 4.16 *EAKIN AFB COM PrUD 1 - 14288 3,183.70 210.67 100.00 577.85 1,336.49 1,520.68 2,061.74 1,051.42 683.80 PR-UD 3.38 *EVERETTE OO PrUD 7 - 14539 408.12 62.82 100.00 63.52 146.92 244.24 226.64 124.20 85.48 PR-UD 0.54 *FEDERAL IX PUD 3 - 14360 1,939.56 19.73 100.00 351.04 811.92 923.82 1,252.52 618.47 430.22 PR-UD 2.05 *GRYNBERG 17 FED COM PrUD 4 - 15390 2,495.14 129.72 100.00 469.06 1,084.88 1,263.79 1,673.61 873.30 653.85 PR-UD 2.81 *HANAGAN A FED PrUD 1 - 15222 2,493.91 117.40 100.00 468.62 1,083.85 1,262.59 1,672.01 870.71 653.85 PR-UD 2.81 *HANAGAN A FED PrUD 2 - 15210 2,494.54 123.44 100.00 468.84 1,084.38 1,263.20 1,672.82 872.01 653.85 PR-UD 2.81 *HANAGAN A FED PrUD 3 - 15224 1,870.21 466.03 95.99 353.45 817.49 952.30 1,261.10 673.46 487.22 PR-UD 2.12 *HANAGAN FED PUD 3 - 14435 1,870.21 421.89 96.99 353.45 817.49 952.30 1,261.10 673.46 487.22 PR-UD 2.12 *HANAGAN FED PUD 4 - 14436 3,177.64 209.05 100.00 576.96 1,334.44 1,518.36 2,058.59 1,049.96 683.80 PR-UD 3.37 *HANCOCK AHC PrUD 7 - 14458 2,339.17 105.21 100.00 438.02 1,013.09 1,180.16 1,562.86 811.65 605.30 PR-UD 2.62 *HELEN COLLINS FED COM PrUD 6 - 14400 2,751.51 48.62 100.00 510.99 1,181.86 1,344.74 1,823.20 921.33 676.96 PR-UD 2.99 *HIGGINS FED PrUD 3 - 14592 1,921.01 70.46 100.00 377.37 872.81 1,016.74 1,346.44 714.54 600.43 PR-UD 2.26 *IRWIN FED PrUD 1 - 15227 1,922.00 77.84 100.00 377.76 873.71 1,017.79 1,347.83 716.89 600.43 PR-UD 2.26 *IRWIN FED PrUD 2 - 15212 1,920.48 67.07 100.00 377.17 872.35 1,016.20 1,345.73 713.36 600.43 PR-UD 2.26 *IRWIN FED PrUD 3 - 15229 1,921.53 74.09 100.00 377.56 873.26 1,017.27 1,347.15 715.72 600.43 PR-UD 2.26 *IRWIN FED PrUD 4 - 15214 1,881.97 61.43 100.00 359.54 831.58 968.71 1,282.84 669.48 531.67 PR-UD 2.15 *ISLER FEE PrUD 3 - 14428 2,657.43 100.27 100.00 430.11 994.79 1,653.73 1,534.61 841.91 683.80 PR-UD 3.67 *JILL FED PrUD 3 - 14248 2,656.02 94.39 100.00 429.78 994.04 1,652.49 1,533.46 840.17 683.80 PR-UD 3.67 *JILL FED PrUD 4 - 14249 2,653.70 85.94 100.00 429.27 992.85 1,650.51 1,531.62 837.47 683.80 PR-UD 3.67 *LEEMAN PrUD 1 - 14204 1,382.96 237.80 100.00 229.97 531.90 884.24 820.54 471.32 382.40 PR-UD 1.96 *LISA FED PUD 2 - 14334 3,159.41 98.44 100.00 491.25 1,136.20 1,888.81 1,752.76 934.57 683.80 PR-UD 4.20 *LORETTA BBO STATE COM PrUD 2 - 15238 3,157.26 92.61 100.00 490.83 1,135.24 1,887.22 1,751.29 932.69 683.80 PR-UD 4.19 *LORETTA BBO STATE COM PrUD 4 - 14188 3,088.09 200.61 100.00 564.11 1,304.72 1,484.54 2,012.74 1,030.10 683.80 PR-UD 3.30 *MARGARET RQ STATE PrUD 8 - 13826 700.40 19.05 100.00 137.62 318.31 370.80 491.04 259.04 220.70 PR-UD 0.82 *MCKAY PENZOIL FED PrUD 2 - 14451 700.14 18.13 100.00 137.54 318.12 370.58 490.75 258.60 220.70 PR-UD 0.82 *MCKAY PENZOIL FED PrUD 3 - 14452 2,644.93 67.00 100.00 427.16 987.98 1,642.42 1,524.11 828.53 681.04 PR-UD 3.65 *MCKAY-HARVEY FED PrUD 8 - 14276 1,211.34 242.15 96.96 232.24 537.14 625.72 828.62 445.34 334.80 PR-UD 1.39 *MICHAEL ERIC FED PUD 1 - 14442 1,211.35 214.44 98.18 232.24 537.14 625.72 828.62 445.33 334.80 PR-UD 1.39 *MICHAEL ERIC FED PUD 4 - 14445 3,085.60 174.65 100.00 563.36 1,302.98 1,482.55 2,010.05 1,026.17 683.80 PR-UD 3.29 *MONAGHAN QY FED PrUD 7 - 15446 15

Lease Name Life (years) Helium (MMcf) Gas (MMcf) Gas (M$) Helium (M$) Other (M$) Expense & Tax (M$) Invest. (M$) Non-Disc. (M$) Cash Flow Net Reserves Net Revenue Project Name : As of Date: 7/1/2023 Economic One-Liners Reserve Category NEW ERA HELIUM CORP. Disc. CF (M$) Risked / UnRisked MKM ENGINEERING TABLE 10 2,272.69 440.50 100.00 427.98 989.86 1,126.28 1,527.02 809.94 560.53 PR-UD 2.50 *O'CONNEL FED COM PUD 2 - 15334 2,645.75 549.59 100.00 431.68 998.42 1,659.77 1,540.21 876.53 676.11 PR-UD 3.69 *PENJACK FED PUD 4 - 14283 1,345.45 206.77 100.00 217.86 503.89 837.67 777.33 437.79 335.65 PR-UD 1.86 *PJ FED COM PUD 1 - 14342 1,345.55 216.07 100.00 217.93 504.04 837.92 777.56 438.33 335.65 PR-UD 1.86 *PJ FED COM PUD 4 - 14345 1,474.63 10.60 100.00 268.22 620.35 705.85 956.99 470.78 337.80 PR-UD 1.57 *PLAINS QN COM PrUD 2 - 15486 1,798.11 16.55 100.00 324.73 751.06 854.57 1,158.62 570.47 395.66 PR-UD 1.90 *PLAINS QN COM PrUD 9 - 15462 1,847.39 242.10 100.00 336.24 777.69 884.87 1,199.71 619.22 395.66 PR-UD 1.97 *PLAINS QN COM PUD 4 - 15398 1,846.94 221.61 100.00 336.03 777.20 884.31 1,198.95 617.87 395.66 PR-UD 1.97 *PLAINS QN COM PUD 6 - 15400 1,846.32 199.49 100.00 335.77 776.59 883.62 1,198.02 616.25 395.66 PR-UD 1.96 *PLAINS QN COM PUD 7 - 15461 1,884.99 58.86 100.00 358.31 828.72 965.39 1,278.43 664.85 522.69 PR-UD 2.15 *RAILROAD STATE PrUD 1 - 14429 1,884.30 56.03 100.00 358.10 828.25 964.83 1,277.70 663.78 522.69 PR-UD 2.14 *RAILROAD STATE PrUD 2 - 15220 2,570.67 42.30 100.00 464.65 1,074.69 1,222.80 1,657.88 824.84 559.86 PR-UD 2.72 *RED ROCK FED PrUD 3 - 15339 3,278.62 169.68 100.00 590.72 1,366.27 1,554.57 2,107.69 1,066.11 683.80 PR-UD 3.45 *REDMAN OY STATE PrUD 6 - 13831 2,029.55 260.88 100.00 390.87 904.04 1,028.64 1,394.63 744.73 553.02 PR-UD 2.29 *RI FED PUD 2 - 15351 2,725.65 66.07 100.00 425.06 983.11 1,634.33 1,516.61 806.51 601.89 PR-UD 3.63 *RIVER BRIDGE UX STATE PrUD 3 - 14307 2,723.52 62.19 100.00 424.67 982.20 1,632.81 1,515.20 804.81 601.89 PR-UD 3.63 *RIVER BRIDGE UX STATE PrUD 9 - 14313 2,761.81 493.78 100.00 433.86 1,003.48 1,668.18 1,548.02 855.98 601.89 PR-UD 3.71 *RIVER BRIDGE UX STATE PUD 12 - 14316 2,032.48 333.19 100.00 326.92 756.12 1,256.97 1,166.43 654.70 492.34 PR-UD 2.79 *ROSE CANNON AOR COM PUD 1 - 14330 1,470.79 9.54 100.00 267.52 618.74 704.01 954.50 468.66 337.80 PR-UD 1.56 *SAGEBRUSH TY COM PrUD 5 - 15427 1,466.75 8.59 100.00 266.79 617.06 702.10 951.91 466.51 337.80 PR-UD 1.56 *SAGEBRUSH TY COM PrUD 6 - 15428 1,520.83 129.94 100.00 278.39 643.88 732.62 993.29 511.17 337.80 PR-UD 1.63 *SAGEBRUSH TY COM PUD 3 - 15425 1,520.13 116.99 100.00 278.14 643.31 731.97 992.40 509.75 337.80 PR-UD 1.63 *SAGEBRUSH TY COM PUD 8 - 15430 2,400.55 33.98 100.00 438.92 1,015.17 1,155.08 1,566.05 781.88 553.87 PR-UD 2.57 *SMERNOFF NL STATE COM PrUD 2 - 15475 3,247.60 151.10 100.00 585.97 1,355.29 1,542.08 2,090.75 1,056.72 683.80 PR-UD 3.43 *SPRINGER TK STATE COM PrUD 1 - 13809 3,244.07 131.61 100.00 585.07 1,353.20 1,539.70 2,087.53 1,052.56 683.80 PR-UD 3.42 *SPRINGER TK STATE COM PrUD 3 - 13811 3,241.13 118.51 100.00 584.35 1,351.53 1,537.80 2,084.95 1,049.36 683.80 PR-UD 3.42 *SPRINGER TK STATE COM PrUD 5 - 13813 2,509.44 135.99 100.00 475.55 1,099.89 1,281.27 1,696.75 889.98 678.50 PR-UD 2.85 *STEWART FED PrUD 4 - 14378 2,645.69 525.66 100.00 431.56 998.15 1,659.32 1,539.80 875.47 676.11 PR-UD 3.69 *SUMMERS COM PUD 22 - 14296 2,645.67 519.86 100.00 431.53 998.08 1,659.21 1,539.70 875.21 676.11 PR-UD 3.69 *SUMMERS COM PUD 8 - 14301 1,416.18 207.84 100.00 225.81 522.28 868.24 805.70 448.69 331.35 PR-UD 1.93 *SUZANNE FED PUD 1 - 14350 1,416.33 218.48 100.00 225.89 522.46 868.54 805.98 449.30 331.35 PR-UD 1.93 *SUZANNE FED PUD 2 - 14351 1,569.49 12.57 100.00 291.78 674.86 767.86 1,041.07 518.64 395.66 PR-UD 1.71 *TROUT FED COM PrUD 1 - 15403 1,389.75 28.11 100.00 221.15 511.51 850.33 789.08 423.33 337.84 PR-UD 1.89 *TYRELL FED COM PrUD 3 - 14341 2,055.87 70.05 100.00 395.05 913.70 1,064.38 1,409.52 738.44 593.29 PR-UD 2.37 *VANCE FED PrUD 6 - 15217 2,759.38 186.42 100.00 512.57 1,185.51 1,381.02 1,828.84 952.19 683.80 PR-UD 3.07 *WHEELER AEE FED PrUD 1 - 15201 16

Lease Name Life (years) Helium (MMcf) Gas (MMcf) Gas (M$) Helium (M$) Other (M$) Expense & Tax (M$) Invest. (M$) Non-Disc. (M$) Cash Flow Net Reserves Net Revenue Project Name : As of Date: 7/1/2023 Economic One-Liners Reserve Category NEW ERA HELIUM CORP. Disc. CF (M$) Risked / UnRisked MKM ENGINEERING TABLE 10 2,758.85 177.30 100.00 512.35 1,185.01 1,380.43 1,828.06 950.85 683.80 PR-UD 3.07 *WHEELER AEE FED PrUD 3 - 15203 2,758.30 168.76 100.00 512.13 1,184.50 1,379.84 1,827.28 949.53 683.80 PR-UD 3.07 *WHEELER AFE FED PrUD 11 - 15207 2,757.70 160.51 100.00 511.90 1,183.98 1,379.23 1,826.47 948.17 683.80 PR-UD 3.06 *WHEELER AFE FED PrUD 6 - 14366 2,974.57 164.49 100.00 470.10 1,087.29 1,807.51 1,677.32 913.75 683.80 PR-UD 4.02 ADELL UJ FED COM PrUD 13 - 15236 2,974.46 163.60 100.00 470.07 1,087.23 1,807.40 1,677.22 913.59 683.80 PR-UD 4.02 ADELL UJ FED COM PrUD 6 - 14167 674.42 12.59 100.00 151.65 350.74 408.58 541.07 302.24 323.74 PR-UD 0.91 ADKINS PrUD 1 - 14448 674.17 12.03 100.00 151.55 350.52 408.33 540.73 301.67 323.74 PR-UD 0.91 ADKINS PrUD 2 - 14449 1,374.36 20.94 100.00 314.49 727.37 827.61 1,122.08 623.69 679.01 PR-UD 1.84 ALKALI FED PrUD 12 - 14560 1,373.84 20.13 100.00 314.30 726.94 827.13 1,121.42 622.64 679.01 PR-UD 1.84 ALKALI FED PrUD 13 - 14564 1,373.77 20.03 100.00 314.28 726.88 827.06 1,121.33 622.49 679.01 PR-UD 1.84 ALKALI FED PrUD 14 - 14568 1,373.70 19.92 100.00 314.25 726.82 826.99 1,121.24 622.34 679.01 PR-UD 1.84 ALKALI FED PrUD 20 - 15469 1,373.10 19.06 100.00 314.04 726.33 826.44 1,120.48 621.14 679.01 PR-UD 1.84 ALKALI FED PrUD 20 - 15450 1,373.02 18.95 100.00 314.01 726.27 826.36 1,120.38 620.98 679.01 PR-UD 1.84 ALKALI FED PrUD 27 - 15452 1,381.49 170.97 91.10 318.96 737.72 839.40 1,138.06 654.68 679.01 PR-UD 1.87 ALKALI FED PUD 11 - 14556 1,381.49 169.97 91.16 318.96 737.72 839.40 1,138.06 654.68 679.01 PR-UD 1.87 ALKALI FED PUD 15 - 14572 1,381.47 162.60 91.61 318.96 737.72 839.40 1,138.06 654.70 679.01 PR-UD 1.87 ALKALI FED PUD 17 - 14580 1,370.59 16.68 100.00 310.02 717.03 815.85 1,106.14 608.14 660.29 PR-UD 1.81 ANDREW UU PrUD 1 - 14577 1,381.71 152.07 92.93 315.78 730.37 831.03 1,126.71 646.09 660.29 PR-UD 1.85 ANDREW UU PUD 4 - 14589 1,381.71 150.39 93.04 315.78 730.37 831.03 1,126.71 646.09 660.29 PR-UD 1.85 ANDREW UU PUD 6 - 14597 1,381.71 147.91 93.21 315.78 730.37 831.03 1,126.71 646.09 660.29 PR-UD 1.85 ANDREW UU PUD 7 - 15456 2,640.19 138.47 100.00 428.94 992.09 1,649.25 1,530.45 847.79 683.80 PR-UD 3.66 BEAVERS FED PrUD 1 - 14210 1,405.94 13.34 100.00 303.57 702.12 798.89 1,083.13 579.86 598.34 PR-UD 1.78 BENEDICT FED COM PrUD 3 - 14606 1,405.81 13.26 100.00 303.54 702.04 798.80 1,083.01 579.71 598.34 PR-UD 1.78 BENEDICT FED COM PrUD 5 - 14607 1,426.33 137.70 97.17 311.64 720.79 820.13 1,111.93 628.19 598.34 PR-UD 1.82 BENEDICT FED COM PUD 1 - 14526 1,426.33 131.78 97.61 311.64 720.79 820.13 1,111.93 628.20 598.34 PR-UD 1.82 BENEDICT FED COM PUD 2 - 14530 3,220.41 173.81 100.00 500.22 1,156.95 1,923.32 1,784.78 960.85 683.80 PR-UD 4.27 BITTER LAKE PX STATE PrUD 4 - 14174 1,512.07 19.67 100.00 331.73 767.25 873.00 1,183.61 643.25 668.54 PR-UD 1.94 BLYTHE SV PrUD 1 - 14543 1,525.62 184.34 93.95 338.26 782.35 890.17 1,206.90 685.26 668.54 PR-UD 1.98 BLYTHE SV PUD 2 - 13862 1,525.62 183.36 94.00 338.26 782.35 890.17 1,206.90 685.26 668.54 PR-UD 1.98 BLYTHE SV PUD 4 - 14557 866.95 4.06 100.00 188.73 436.52 496.68 673.39 355.00 384.64 PR-UD 1.10 BURROWGRASS ABG FED COM PrUD 1 - 15409 866.04 3.91 100.00 188.54 436.07 496.17 672.71 354.27 384.64 PR-UD 1.10 BURROWGRASS ABG FED COM PrUD 2 - 15410 865.92 3.89 100.00 188.51 436.01 496.10 672.61 354.16 384.64 PR-UD 1.10 BURROWGRASS ABG FED COM PrUD 5 - 15413 864.87 3.72 100.00 188.29 435.50 495.52 671.82 353.32 384.64 PR-UD 1.10 BURROWGRASS ABG FED COM PrUD 6 - 15414 864.74 3.70 100.00 188.26 435.43 495.44 671.72 353.22 384.64 PR-UD 1.10 BURROWGRASS ABG FED COM PrUD 9 - 15417 892.37 54.74 100.00 196.57 454.64 517.30 701.36 396.30 384.64 PR-UD 1.15 BURROWGRASS ABG FED COM PUD 2 - 14518 17

Lease Name Life (years) Helium (MMcf) Gas (MMcf) Gas (M$) Helium (M$) Other (M$) Expense & Tax (M$) Invest. (M$) Non-Disc. (M$) Cash Flow Net Reserves Net Revenue Project Name : As of Date: 7/1/2023 Economic One-Liners Reserve Category NEW ERA HELIUM CORP. Disc. CF (M$) Risked / UnRisked MKM ENGINEERING TABLE 10 892.37 54.45 100.00 196.56 454.62 517.28 701.33 396.22 384.64 PR-UD 1.15 BURROWGRASS ABG FED COM PUD 4 - 15412 892.36 54.14 100.00 196.55 454.60 517.25 701.29 396.14 384.64 PR-UD 1.15 BURROWGRASS ABG FED COM PUD 8 - 15416 1,596.78 76.68 100.00 350.23 810.03 921.67 1,249.60 700.73 683.80 PR-UD 2.05 CALDZILL RZ PrUD 1 - 14554 1,596.76 76.27 100.00 350.21 809.99 921.62 1,249.54 700.59 683.80 PR-UD 2.05 CALDZILL RZ PrUD 3 - 14570 1,596.74 75.85 100.00 350.19 809.95 921.57 1,249.47 700.45 683.80 PR-UD 2.05 CALDZILL RZ PrUD 4 - 14574 1,093.94 6.13 100.00 247.31 571.99 650.82 882.38 474.75 536.50 PR-UD 1.45 CAMACK FED PrUD 6 - 15362 1,117.43 82.96 96.77 255.81 591.67 673.21 912.74 523.68 536.50 PR-UD 1.50 CAMACK FED PUD 5 - 15361 2,484.72 59.34 100.00 390.73 903.72 1,502.34 1,394.12 745.63 569.83 PR-UD 3.34 CANNON XF PrUD 4 - 14321 2,514.96 290.29 100.00 397.71 919.85 1,529.16 1,419.02 783.23 569.83 PR-UD 3.40 CANNON XF PUD 3 - 14320 1,564.54 70.60 100.00 345.46 799.02 909.14 1,232.61 692.41 683.80 PR-UD 2.02 CAUDILL RZ COM PrUD 1 - 14562 1,536.77 18.13 100.00 328.97 760.87 865.73 1,173.75 629.46 634.12 PR-UD 1.92 CAUDILL RZ PrUD 2 - 14473 1,554.68 170.90 96.48 336.57 778.46 885.74 1,200.89 676.29 634.12 PR-UD 1.97 CAUDILL RZ PUD 1 - 14506 1,467.98 144.62 97.52 318.10 735.72 837.12 1,134.97 639.37 600.46 PR-UD 1.86 CAUDILL RZ PUD 3 - 14604 867.33 107.01 88.81 207.06 478.90 557.88 738.78 432.36 475.88 PR-UD 1.24 COBIE EDEID FED PUD 1 - 14439 759.84 3.07 100.00 166.69 385.54 438.67 594.75 313.19 345.93 PR-UD 0.97 COBRA AXK STATE PrUD 1 - 15422 3,220.13 171.89 100.00 500.16 1,156.81 1,923.09 1,784.57 960.53 683.80 PR-UD 4.27 COMANCHE HILL 18 PrUD 2 - 14182 3,219.16 165.30 100.00 499.95 1,156.32 1,922.26 1,783.80 959.41 683.80 PR-UD 4.27 COMANCHE HILL 18 PrUD 6 - 14186 3,219.02 164.42 100.00 499.92 1,156.25 1,922.14 1,783.69 959.26 683.80 PR-UD 4.27 COMANCHE HILL 18 PrUD 7 - 14187 3,239.45 683.30 100.00 505.93 1,170.17 1,945.28 1,805.16 997.36 683.80 PR-UD 4.32 COMANCHE HILL 18 PUD 3 - 14183 1,356.57 17.09 100.00 310.67 718.55 817.59 1,108.48 613.25 674.80 PR-UD 1.82 COMER PrUD 1 - 14527 1,356.40 16.90 100.00 310.62 718.42 817.44 1,108.28 612.95 674.80 PR-UD 1.82 COMER PrUD 2 - 14484 1,355.78 16.25 100.00 310.42 717.97 816.92 1,107.58 611.88 674.80 PR-UD 1.82 COMER PrUD 4 - 14463 1,366.16 152.42 92.03 316.00 730.86 831.59 1,127.47 648.96 674.80 PR-UD 1.85 COMER PUD 3 - 14535 1,265.97 52.28 100.00 300.34 694.65 809.20 1,071.61 625.69 683.80 PR-UD 1.80 COYOTE DRAW FED PrUD 2 - 14374 1,281.83 123.08 93.69 295.78 684.11 778.39 1,055.34 607.00 629.01 PR-UD 1.73 COYOTE DRAW FED PUD 1 - 14510 1,164.16 33.93 100.00 275.32 636.79 741.81 982.35 567.70 629.10 PR-UD 1.65 COYOTE FED PrUD 3 - 14395 1,427.97 14.75 100.00 310.51 718.18 817.16 1,107.90 596.25 619.01 PR-UD 1.82 CURTIS QR COM PrUD 1 - 14469 1,446.07 145.78 96.29 318.09 735.71 837.10 1,134.95 642.68 619.01 PR-UD 1.86 CURTIS QR COM PUD 2 - 14503 1,066.45 23.60 100.00 254.57 588.79 685.89 908.30 523.24 593.29 PR-UD 1.52 DALE FED PrUD 5 - 14418 1,066.42 23.48 100.00 254.55 588.75 685.84 908.24 523.12 593.29 PR-UD 1.52 DALE FED PrUD 6 - 14419 1,067.70 160.45 86.52 256.17 592.48 690.19 913.99 535.67 593.29 PR-UD 1.53 DALE FED PUD 3 - 14416 2,638.39 125.35 100.00 428.47 991.01 1,647.45 1,528.78 845.05 683.80 PR-UD 3.66 DANA FED PrUD 10 - 14220 2,637.55 119.97 100.00 428.26 990.52 1,646.63 1,528.03 843.83 683.80 PR-UD 3.66 DANA FED PrUD 8 - 14218 2,651.91 518.15 100.00 433.63 1,002.93 1,667.27 1,547.18 881.67 683.80 PR-UD 3.71 DANA FED PUD 11 - 14221 1,600.21 72.86 100.00 350.56 810.80 922.55 1,250.79 700.14 683.80 PR-UD 2.05 DEE OQ STATE PrUD 2 - 13863 18

Lease Name Life (years) Helium (MMcf) Gas (MMcf) Gas (M$) Helium (M$) Other (M$) Expense & Tax (M$) Invest. (M$) Non-Disc. (M$) Cash Flow Net Reserves Net Revenue Project Name : As of Date: 7/1/2023 Economic One-Liners Reserve Category NEW ERA HELIUM CORP. Disc. CF (M$) Risked / UnRisked MKM ENGINEERING TABLE 10 939.86 7.86 100.00 251.81 582.40 662.67 898.45 524.65 679.01 PR-UD 1.47 DORIS FED PrUD 4 - 14583 939.82 7.82 100.00 251.79 582.35 662.61 898.37 524.51 679.01 PR-UD 1.47 DORIS FED PrUD 6 - 14591 942.90 69.75 86.27 254.56 588.78 669.92 908.28 545.07 679.01 PR-UD 1.49 DORIS FED PUD 3 - 14579 1,100.52 7.63 100.00 256.69 593.69 675.51 915.86 502.17 582.37 PR-UD 1.50 DORIS RI FED PrUD 5 - 15320 960.85 62.68 93.75 235.69 545.13 620.26 840.94 492.45 553.02 PR-UD 1.38 DORIS RI FED PUD 7 - 15353 526.01 1.88 100.00 116.92 270.42 307.69 417.17 220.04 249.24 PR-UD 0.68 EDMONDSON FED PrUD 1 - 15433 525.92 1.87 100.00 116.90 270.38 307.65 417.11 219.97 249.24 PR-UD 0.68 EDMONDSON FED PrUD 3 - 15435 525.83 1.86 100.00 116.88 270.34 307.60 417.04 219.90 249.24 PR-UD 0.68 EDMONDSON FED PrUD 6 - 14605 544.73 29.89 100.00 122.49 283.32 322.36 437.06 248.77 249.24 PR-UD 0.72 EDMONDSON FED PUD 4 - 15436 544.72 29.72 100.00 122.49 283.30 322.35 437.04 248.72 249.24 PR-UD 0.72 EDMONDSON FED PUD 5 - 15437 1,600.18 72.45 100.00 350.54 810.76 922.50 1,250.72 699.99 683.80 PR-UD 2.05 EVERETTE OO PrUD 2 - 13855 1,600.00 69.30 100.00 350.39 810.40 922.09 1,250.17 698.87 683.80 PR-UD 2.05 EVERETTE OO PrUD 3 - 13856 1,599.97 68.92 100.00 350.37 810.36 922.04 1,250.11 698.73 683.80 PR-UD 2.05 EVERETTE OO PrUD 8 - 14464 397.93 7.63 100.00 61.64 142.56 236.99 219.92 116.07 85.48 PR-UD 0.53 FEDERAL IX PrUD 4 - 14360.5 404.23 45.34 100.00 62.96 145.62 242.08 224.64 122.64 85.48 PR-UD 0.54 FEDERAL IX PUD 1 - 14358 404.17 43.63 100.00 62.94 145.58 242.00 224.57 122.51 85.48 PR-UD 0.54 FEDERAL IX PUD 2 - 14359 2,055.17 218.31 100.00 334.74 774.22 1,287.06 1,194.36 671.47 529.01 PR-UD 2.86 FINCH FEE PUD 1 - 14327 1,392.57 22.62 100.00 317.37 734.04 835.20 1,132.37 629.36 679.68 PR-UD 1.86 FOREMAN FED PrUD 1 - 14559 1,392.01 21.64 100.00 317.16 733.56 834.66 1,131.64 628.16 679.68 PR-UD 1.85 FOREMAN FED PrUD 2 - 14563 1,391.94 21.52 100.00 317.14 733.50 834.59 1,131.54 628.02 679.68 PR-UD 1.85 FOREMAN FED PrUD 3 - 14567 1,280.66 9.34 100.00 279.79 647.12 736.31 998.29 533.46 567.61 PR-UD 1.64 GETTY PS 17 FED COM PrUD 1 - 15332 1,680.38 254.13 93.42 363.05 839.70 955.42 1,295.36 728.97 681.13 PR-UD 2.12 GETTY PS 18 FED COM PUD 2 - 14483 1,680.39 252.68 93.48 363.05 839.70 955.42 1,295.36 728.96 681.13 PR-UD 2.12 GETTY PS 18 FED COM PUD 3 - 14532 1,680.39 251.28 93.53 363.05 839.70 955.42 1,295.36 728.96 681.13 PR-UD 2.12 GETTY PS 18 FED COM PUD 4 - 14487 1,686.55 72.15 100.00 362.67 838.80 954.41 1,293.99 716.85 683.80 PR-UD 2.12 GETTY PS 7 FED PrUD 1 - 14578 1,280.53 9.29 100.00 279.76 647.05 736.23 998.17 533.32 567.61 PR-UD 1.64 GETTY PS 7 FED PrUD 2 - 15330 1,280.39 9.24 100.00 279.73 646.97 736.14 998.06 533.18 567.61 PR-UD 1.64 GETTY PS 7 FED PrUD 3 - 15331 1,437.17 16.32 100.00 313.27 724.55 824.41 1,117.74 603.64 625.90 PR-UD 1.83 GLOBE MN FED PrUD 1 - 14514 1,437.05 16.22 100.00 313.24 724.48 824.33 1,117.63 603.48 625.90 PR-UD 1.83 GLOBE MN FED PrUD 2 - 14477 1,453.17 146.72 96.13 320.32 740.86 842.96 1,142.89 647.63 625.90 PR-UD 1.87 GLOBE MN FED PUD 3 - 14521 969.28 5.02 100.00 211.23 488.55 555.88 753.66 398.59 430.22 PR-UD 1.24 GRYNBERG 17 FED COM PrUD 2 - 15388 969.14 4.99 100.00 211.20 488.48 555.80 753.56 398.48 430.22 PR-UD 1.24 GRYNBERG 17 FED COM PrUD 3 - 15389 371.75 1.29 100.00 81.73 189.03 215.08 291.61 153.03 170.95 PR-UD 0.48 GRYNBERG 17 FED COM PrUD 8 - 15439 995.01 67.29 100.00 219.60 507.91 577.91 783.52 444.10 430.22 PR-UD 1.28 GRYNBERG 17 FED COM PUD 5 - 15391 995.01 66.93 100.00 219.59 507.88 577.88 783.49 444.02 430.22 PR-UD 1.28 GRYNBERG 17 FED COM PUD 6 - 15392 19

Lease Name Life (years) Helium (MMcf) Gas (MMcf) Gas (M$) Helium (M$) Other (M$) Expense & Tax (M$) Invest. (M$) Non-Disc. (M$) Cash Flow Net Reserves Net Revenue Project Name : As of Date: 7/1/2023 Economic One-Liners Reserve Category NEW ERA HELIUM CORP. Disc. CF (M$) Risked / UnRisked MKM ENGINEERING TABLE 10 385.70 21.04 100.00 85.73 198.28 225.61 305.88 173.12 170.95 PR-UD 0.50 GRYNBERG 17 FED COM PUD 7 - 15438 1,125.78 6.69 100.00 245.80 568.50 646.85 877.00 465.93 500.64 PR-UD 1.44 GYP MO FED PrUD 4 - 15370 1,151.68 85.74 98.99 254.65 588.98 670.15 908.59 515.41 500.64 PR-UD 1.49 GYP MO FED PUD 3 - 15369 1,321.39 48.30 100.00 302.40 699.42 814.76 1,078.96 617.90 653.85 PR-UD 1.81 HANAGAN A FED PrUD 2 - 15223 1,321.37 48.05 100.00 302.38 699.38 814.71 1,078.90 617.77 653.85 PR-UD 1.81 HANAGAN A FED PrUD 2 - 13707 1,321.22 45.94 100.00 302.24 699.05 814.33 1,078.39 616.70 653.85 PR-UD 1.81 HANAGAN A FED PrUD 3 - 13708 1,321.20 45.70 100.00 302.22 699.01 814.28 1,078.33 616.57 653.85 PR-UD 1.81 HANAGAN A FED PrUD 4 - 15209 1,115.76 36.06 100.00 273.93 633.57 738.06 977.39 575.78 657.49 PR-UD 1.64 HANAGAN FED PrUD 1 - 14382 986.03 19.95 100.00 224.32 518.83 604.39 800.38 450.36 487.22 PR-UD 1.34 HANAGAN FED PrUD 2 - 14434 941.93 18.01 100.00 214.87 496.96 578.92 766.64 431.26 469.33 PR-UD 1.29 HANAGAN FED PrUD 2 - 14441 985.99 19.84 100.00 224.31 518.79 604.35 800.32 450.26 487.22 PR-UD 1.34 HANAGAN FED PrUD 6 - 14438 989.04 140.98 89.92 226.68 524.28 610.74 808.79 467.55 487.22 PR-UD 1.36 HANAGAN FED PUD 1 - 14433 945.08 121.87 90.74 217.25 502.47 585.33 775.13 448.51 469.33 PR-UD 1.30 HANAGAN FED PUD 1 - 14440 989.05 134.93 90.36 226.68 524.28 610.74 808.79 467.54 487.22 PR-UD 1.36 HANAGAN FED PUD 5 - 14437 1,505.81 59.67 100.00 336.74 778.85 886.19 1,201.49 676.92 683.80 PR-UD 1.97 HANCOCK AHC PrUD 1 - 14549 1,505.79 59.33 100.00 336.72 778.80 886.14 1,201.42 676.77 683.80 PR-UD 1.97 HANCOCK AHC PrUD 3 - 14582 1,505.62 57.06 100.00 336.59 778.49 885.78 1,200.94 675.79 683.80 PR-UD 1.97 HANCOCK AHC PrUD 4 - 14586 1,595.88 62.16 100.00 349.49 808.34 919.74 1,246.99 695.40 683.80 PR-UD 2.04 HANCOCK AHC PrUD 5 - 14590 1,276.92 104.66 99.32 276.89 640.42 728.69 987.95 556.68 523.47 PR-UD 1.62 HANSEL ANH FED COM PUD 1 - 15363 1,242.75 39.42 100.00 282.32 652.98 760.67 1,007.33 572.94 605.30 PR-UD 1.69 HELEN COLLINS FED COM PrUD 1 - 14396 1,242.56 37.72 100.00 282.19 652.66 760.29 1,006.84 571.94 605.30 PR-UD 1.69 HELEN COLLINS FED COM PrUD 4 - 14398 1,242.56 37.72 100.00 282.19 652.66 760.29 1,006.84 571.94 605.30 PR-UD 1.69 HELEN COLLINS FED COM PrUD 8 - 14403 1,352.19 17.60 100.00 310.53 718.22 817.20 1,107.96 614.23 676.96 PR-UD 1.82 HIGGINS FED PrUD 1 - 14584 1,378.03 23.16 100.00 315.57 729.88 830.47 1,125.96 627.67 680.61 PR-UD 1.85 HOBBS FED PrUD 1 - 14488 1,383.95 172.13 91.04 319.60 739.19 841.07 1,140.32 656.03 680.61 PR-UD 1.87 HOBBS FED PUD 2 - 14491 1,385.89 22.52 100.00 316.57 732.19 833.10 1,129.52 628.41 680.50 PR-UD 1.85 HORSE CREEK COM PrUD 2 - 14550 976.13 22.36 100.00 243.34 562.83 655.64 868.25 510.16 600.43 PR-UD 1.46 IRWIN FED PrUD 1 - 15211 976.00 21.17 100.00 243.19 562.47 655.23 867.70 508.96 600.43 PR-UD 1.46 IRWIN FED PrUD 2 - 15228 976.11 22.25 100.00 243.33 562.79 655.60 868.20 510.05 600.43 PR-UD 1.46 IRWIN FED PrUD 3 - 15213 975.87 20.24 100.00 243.06 562.17 654.88 867.24 507.98 600.43 PR-UD 1.46 IRWIN FED PrUD 4 - 15230 976.02 21.29 100.00 243.21 562.50 655.27 867.75 509.07 600.43 PR-UD 1.46 IRWIN FED PrUD 6 - 15215 982.92 136.55 87.96 233.36 539.73 628.73 832.62 486.48 531.67 PR-UD 1.40 ISLER FEE PUD 1 - 14426 1,370.61 15.35 100.00 308.48 713.48 811.81 1,100.66 602.50 652.84 PR-UD 1.80 JAMIE COM PrUD 1 - 14465 2,637.43 119.28 100.00 428.23 990.45 1,646.53 1,527.93 843.67 683.80 PR-UD 3.66 JILL FED PrUD 7 - 14252 2,651.82 495.64 100.00 433.51 1,002.65 1,666.81 1,546.75 880.60 683.80 PR-UD 3.70 JILL FED PUD 6 - 14251 20

Lease Name Life (years) Helium (MMcf) Gas (MMcf) Gas (M$) Helium (M$) Other (M$) Expense & Tax (M$) Invest. (M$) Non-Disc. (M$) Cash Flow Net Reserves Net Revenue Project Name : As of Date: 7/1/2023 Economic One-Liners Reserve Category NEW ERA HELIUM CORP. Disc. CF (M$) Risked / UnRisked MKM ENGINEERING TABLE 10 2,553.00 61.45 100.00 397.79 920.04 1,529.48 1,419.31 754.91 560.93 PR-UD 3.40 JJ 1 FED COM PrUD 1 - 14325 2,030.93 44.13 100.00 328.72 760.28 1,263.90 1,172.86 637.10 529.01 PR-UD 2.81 JJ 1 FED COM PrUD 2 - 14326 1,685.93 65.30 100.00 362.29 837.94 953.42 1,292.65 714.28 683.80 PR-UD 2.12 KUYKENDALL OP COM PrUD 1 - 14472 1,541.47 56.19 100.00 341.57 790.01 898.89 1,218.71 682.34 683.80 PR-UD 2.00 LANGLEY RJ FED PrUD 2 - 14501 1,541.44 55.87 100.00 341.55 789.96 898.83 1,218.64 682.19 683.80 PR-UD 2.00 LANGLEY RJ FED PrUD 4 - 14505 2,636.65 114.71 100.00 428.04 990.01 1,645.79 1,527.24 842.59 683.80 PR-UD 3.66 LEEMAN PrUD 10 - 14235 2,636.54 114.10 100.00 428.01 989.94 1,645.68 1,527.14 842.44 683.80 PR-UD 3.66 LEEMAN PrUD 11 - 14236 2,635.62 109.16 100.00 427.79 989.43 1,644.83 1,526.35 841.20 683.80 PR-UD 3.66 LEEMAN PrUD 4 - 14207 2,635.50 108.58 100.00 427.76 989.37 1,644.72 1,526.25 841.04 683.80 PR-UD 3.65 LEEMAN PrUD 5 - 14208 2,651.72 474.18 100.00 433.39 1,002.37 1,666.34 1,546.32 879.51 683.80 PR-UD 3.70 LEEMAN PUD 13 - 14238 1,248.01 7.78 100.00 266.39 616.13 701.05 950.48 500.85 518.79 PR-UD 1.56 LILLIE RB FED PrUD 1 - 15364 1,277.65 104.72 99.53 276.20 638.81 726.85 985.46 554.68 518.79 PR-UD 1.62 LILLIE RB FED PUD 2 - 15365 1,277.65 102.40 99.76 276.20 638.81 726.85 985.46 554.68 518.79 PR-UD 1.62 LILLIE RB FED PUD 3 - 15366 1,277.65 101.85 99.81 276.20 638.81 726.85 985.46 554.68 518.79 PR-UD 1.62 LILLIE RB FED PUD 4 - 15367 1,352.98 27.09 100.00 223.39 516.67 858.92 797.05 437.26 382.40 PR-UD 1.91 LISA FED PrUD 3 - 14335 1,369.25 140.03 100.00 227.65 526.53 875.30 812.26 462.45 382.40 PR-UD 1.95 LISA FED PUD 1 - 14333 1,266.16 127.99 93.54 290.48 671.85 764.45 1,036.44 595.05 611.53 PR-UD 1.70 LODEWICK FED COM PUD 3 - 14507 1,266.16 112.33 94.85 290.48 671.85 764.45 1,036.44 595.05 611.53 PR-UD 1.70 LODEWICK FED COM PUD 4 - 13870 3,142.40 136.72 100.00 490.11 1,133.56 1,884.44 1,748.70 940.50 683.80 PR-UD 4.19 LORETTA BBO STATE COM PrUD 1 - 15239 3,141.31 131.48 100.00 489.88 1,133.03 1,883.55 1,747.88 939.35 683.80 PR-UD 4.19 LORETTA BBO STATE COM PrUD 3 - 14189 1,619.91 36.17 100.00 256.77 593.88 987.27 916.16 491.76 385.66 PR-UD 2.19 LUKE FED COM PrUD 1 - 14332 1,541.22 53.73 100.00 341.41 789.63 898.46 1,218.13 681.20 683.80 PR-UD 2.00 MARGARET RQ STATE PrUD 2 - 13820 1,179.56 10.75 100.00 271.94 628.96 715.64 970.27 533.56 601.74 PR-UD 1.59 MCCLELLANN MB PrUD 1 - 14511 1,178.87 10.34 100.00 271.74 628.50 715.12 969.56 532.58 601.74 PR-UD 1.59 MCCLELLANN MB PrUD 2 - 13872 1,178.67 10.23 100.00 271.68 628.37 714.98 969.37 532.30 601.74 PR-UD 1.59 MCCLELLANN MB PrUD 3 - 14515 1,177.97 9.84 100.00 271.49 627.92 714.46 968.66 531.31 601.74 PR-UD 1.59 MCCLELLANN MB PrUD 5 - 14603 355.20 4.88 100.00 88.47 204.63 238.37 315.67 182.77 220.70 PR-UD 0.53 MCKAY PENZOIL FED PrUD 1 - 14450 355.18 4.85 100.00 88.47 204.61 238.35 315.64 182.72 220.70 PR-UD 0.53 MCKAY PENZOIL FED PrUD 4 - 14453 356.08 34.33 88.18 89.31 206.56 240.62 318.65 189.05 220.70 PR-UD 0.53 MCKAY PENZOIL FED PUD 5 - 14454 356.08 34.15 88.24 89.31 206.56 240.62 318.65 189.05 220.70 PR-UD 0.53 MCKAY PENZOIL FED PUD 6 - 14455 356.08 32.48 88.74 89.31 206.56 240.62 318.65 189.06 220.70 PR-UD 0.53 MCKAY PENZOIL FED PUD 8 - 14457 2,623.86 72.95 100.00 424.94 982.83 1,633.86 1,516.17 827.96 681.04 PR-UD 3.63 MCKAY-HARVEY FED PrUD 11 - 14279 2,623.69 72.53 100.00 424.90 982.75 1,633.72 1,516.05 827.79 681.04 PR-UD 3.63 MCKAY-HARVEY FED PrUD 15 - 14240 2,622.55 69.75 100.00 424.67 982.21 1,632.82 1,515.21 826.64 681.04 PR-UD 3.63 MCKAY-HARVEY FED PrUD 2 - 14270 2,622.39 69.38 100.00 424.63 982.13 1,632.69 1,515.09 826.48 681.04 PR-UD 3.63 MCKAY-HARVEY FED PrUD 6 - 14274 21

Lease Name Life (years) Helium (MMcf) Gas (MMcf) Gas (M$) Helium (M$) Other (M$) Expense & Tax (M$) Invest. (M$) Non-Disc. (M$) Cash Flow Net Reserves Net Revenue Project Name : As of Date: 7/1/2023 Economic One-Liners Reserve Category NEW ERA HELIUM CORP. Disc. CF (M$) Risked / UnRisked MKM ENGINEERING TABLE 10 2,651.69 469.07 100.00 433.36 1,002.30 1,666.23 1,546.21 879.25 683.80 PR-UD 3.70 MCKAY-HARVEY FED PUD 1 - 14269 2,648.11 313.33 100.00 431.49 997.99 1,659.06 1,539.56 867.47 681.04 PR-UD 3.69 MCKAY-HARVEY FED PUD 10 - 14278 2,648.67 342.29 100.00 431.78 998.65 1,660.16 1,540.58 869.69 681.04 PR-UD 3.69 MCKAY-HARVEY FED PUD 7 - 14275 2,648.42 329.19 100.00 431.65 998.37 1,659.68 1,540.14 868.72 681.04 PR-UD 3.69 MCKAY-HARVEY FED PUD 9 - 14277 630.47 11.34 100.00 147.38 340.86 397.08 525.84 298.51 334.80 PR-UD 0.88 MICHAEL ERIC FED PrUD 2 - 14443 630.28 10.86 100.00 147.29 340.66 396.84 525.52 297.93 334.80 PR-UD 0.88 MICHAEL ERIC FED PrUD 5 - 14446 632.31 76.73 89.83 148.89 344.36 401.15 531.23 309.64 334.80 PR-UD 0.89 MICHAEL ERIC FED PUD 3 - 14444 632.31 75.02 90.06 148.89 344.36 401.15 531.23 309.64 334.80 PR-UD 0.89 MICHAEL ERIC FED PUD 6 - 14447 1,433.17 13.17 100.00 307.36 710.89 808.86 1,096.65 584.90 598.33 PR-UD 1.80 MIKE HARVEY TR FED PrUD 1 - 14553 1,433.04 13.10 100.00 307.33 710.81 808.77 1,096.54 584.76 598.33 PR-UD 1.80 MIKE HARVEY TR FED PrUD 2 - 15305 1,431.95 12.53 100.00 307.06 710.19 808.07 1,095.59 583.57 598.33 PR-UD 1.80 MIKE HARVEY TR FED PrUD 6 - 15463 1,266.14 100.49 99.91 273.49 632.55 719.72 975.80 549.08 512.85 PR-UD 1.60 MIKE HARVEY TR FED PUD 7 - 15368 2,634.28 102.70 100.00 427.48 988.71 1,643.62 1,525.23 839.48 683.80 PR-UD 3.65 MM FED PrUD 2 - 14253 2,633.42 98.82 100.00 427.28 988.24 1,642.85 1,524.52 838.38 683.80 PR-UD 3.65 MM FED PrUD 3 - 14254 2,651.54 446.12 100.00 433.21 1,001.98 1,665.68 1,545.70 878.02 683.80 PR-UD 3.70 MM FED PUD 10 - 14266 2,651.38 424.64 100.00 433.07 1,001.65 1,665.14 1,545.20 876.80 683.80 PR-UD 3.70 MM FED PUD 4 - 14255 1,541.19 53.44 100.00 341.39 789.58 898.41 1,218.06 681.06 683.80 PR-UD 2.00 MONAGHAN QY FED PrUD 12 - 13847 1,540.93 51.14 100.00 341.22 789.21 897.97 1,217.47 679.92 683.80 PR-UD 2.00 MONAGHAN QY FED PrUD 15 - 13850 1,540.90 50.87 100.00 341.20 789.16 897.92 1,217.40 679.78 683.80 PR-UD 2.00 MONAGHAN QY FED PrUD 16 - 13851 1,540.86 50.58 100.00 341.18 789.11 897.86 1,217.32 679.63 683.80 PR-UD 2.00 MONAGHAN QY FED PrUD 17 - 13852 1,540.60 48.64 100.00 341.03 788.76 897.47 1,216.79 678.63 683.80 PR-UD 1.99 MONAGHAN QY FED PrUD 6 - 13841 1,540.56 48.38 100.00 341.01 788.72 897.42 1,216.72 678.49 683.80 PR-UD 1.99 MONAGHAN QY FED PrUD 6 - 15445 1,540.52 48.12 100.00 340.99 788.67 897.36 1,216.64 678.35 683.80 PR-UD 1.99 MONAGHAN QY FED PrUD 9 - 13844 1,542.92 271.09 89.94 343.42 794.28 903.75 1,225.30 696.61 683.80 PR-UD 2.01 MONAGHAN QY FED PUD 7 - 13842 1,542.91 269.64 89.99 343.42 794.28 903.75 1,225.30 696.61 683.80 PR-UD 2.01 MONAGHAN QY FED PUD 8 - 13843 2,922.71 113.25 100.00 462.85 1,070.52 1,779.63 1,651.45 895.09 683.80 PR-UD 3.95 MOUNTAIN VR FED COM PrUD 2 - 14164 2,940.06 485.44 100.00 468.57 1,083.75 1,801.63 1,671.86 933.38 683.80 PR-UD 4.00 MOUNTAIN VR FED COM PUD 3 - 14168 2,939.66 454.32 100.00 468.36 1,083.26 1,800.81 1,671.10 931.71 683.80 PR-UD 4.00 MOUNTAIN VR FED COM PUD 5 - 14139 1,171.88 26.33 100.00 265.35 613.71 714.92 946.75 533.03 570.48 PR-UD 1.59 NICHOLS DRAW FED PrUD 1 - 14423 1,171.54 25.18 100.00 265.19 613.36 714.51 946.20 532.05 570.48 PR-UD 1.59 NICHOLS DRAW FED PrUD 3 - 14425 1,174.86 180.03 89.52 267.85 619.52 721.68 955.70 551.57 570.48 PR-UD 1.60 NICHOLS DRAW FED PUD 2 - 14424 1,084.39 6.72 100.00 250.34 579.01 658.80 893.21 486.10 560.53 PR-UD 1.46 O'CONNEL FED COM PrUD 1 - 15333 1,084.14 6.64 100.00 250.28 578.86 658.64 892.99 485.83 560.53 PR-UD 1.46 O'CONNEL FED COM PrUD 3 - 15335 1,083.28 6.39 100.00 250.06 578.37 658.08 892.22 484.86 560.53 PR-UD 1.46 O'CONNEL FED COM PrUD 4 - 15336 1,290.38 13.98 100.00 294.21 680.48 774.26 1,049.74 577.31 636.79 PR-UD 1.72 O'CONNELL VX FED PrUD 3 - 14471 22

Lease Name Life (years) Helium (MMcf) Gas (MMcf) Gas (M$) Helium (M$) Other (M$) Expense & Tax (M$) Invest. (M$) Non-Disc. (M$) Cash Flow Net Reserves Net Revenue Project Name : As of Date: 7/1/2023 Economic One-Liners Reserve Category NEW ERA HELIUM CORP. Disc. CF (M$) Risked / UnRisked MKM ENGINEERING TABLE 10 1,302.16 126.07 93.69 300.09 694.08 789.74 1,070.73 615.61 636.79 PR-UD 1.75 O'CONNELL VX FED PUD 1 - 13866 1,259.99 40.26 100.00 292.07 675.53 786.93 1,042.11 598.26 646.32 PR-UD 1.75 PAUL HICKS FED PrUD 1 - 14388 1,597.85 48.92 100.00 349.08 807.38 918.65 1,245.51 689.89 683.80 PR-UD 2.04 PAULETTE PV STATE PrUD 1 - 14508 1,597.81 48.64 100.00 349.06 807.33 918.59 1,245.43 689.74 683.80 PR-UD 2.04 PAULETTE PV STATE PrUD 3 - 14512 2,650.89 377.97 100.00 432.73 1,000.85 1,663.81 1,543.96 873.92 683.80 PR-UD 3.70 PECOS RIVER FED PUD 1 - 14241 1,057.15 6.09 100.00 245.46 567.71 645.95 875.79 476.72 555.59 PR-UD 1.44 PECOS STATE 16 PrUD 3 - 15342 1,056.30 5.86 100.00 245.24 567.22 645.40 875.03 475.76 555.59 PR-UD 1.43 PECOS STATE 16 PrUD 4 - 15343 1,076.84 80.20 95.07 253.14 585.49 666.18 903.21 522.45 555.59 PR-UD 1.48 PECOS STATE 16 PUD 1 - 15340 1,076.84 79.74 95.13 253.14 585.49 666.18 903.21 522.45 555.59 PR-UD 1.48 PECOS STATE 16 PUD 2 - 15341 2,593.31 65.60 100.00 420.21 971.90 1,615.68 1,499.30 817.46 676.11 PR-UD 3.59 PENJACK FED PrUD 2 - 14281 2,593.14 65.25 100.00 420.18 971.82 1,615.55 1,499.18 817.30 676.11 PR-UD 3.59 PENJACK FED PrUD 5 - 14284 2,648.37 325.81 100.00 431.62 998.29 1,659.55 1,540.02 868.44 681.04 PR-UD 3.69 PENJACK FED PUD 1 - 14280 2,619.51 288.99 100.00 427.04 987.70 1,641.95 1,523.68 857.70 676.11 PR-UD 3.65 PENJACK FED PUD 6 - 14285 1,314.73 26.11 100.00 211.66 489.55 813.82 755.20 408.20 335.65 PR-UD 1.81 PJ FED COM PrUD 2 - 14343 1,314.63 25.97 100.00 211.64 489.50 813.75 755.14 408.11 335.65 PR-UD 1.81 PJ FED COM PrUD 3 - 14344 733.87 2.93 100.00 161.60 373.77 425.28 576.60 303.98 337.80 PR-UD 0.95 PLAINS QN COM PrUD 1 - 15485 901.36 4.51 100.00 195.61 452.43 514.79 697.95 368.14 395.66 PR-UD 1.14 PLAINS QN COM PrUD 5 - 15399 901.11 4.46 100.00 195.56 452.31 514.64 697.75 367.93 395.66 PR-UD 1.14 PLAINS QN COM PrUD 8 - 15460 962.82 63.48 99.83 214.12 495.24 563.49 763.98 434.22 425.67 PR-UD 1.25 PLAINS QN COM PUD 1 - 15393 926.46 60.73 100.00 203.53 470.73 535.61 726.18 410.39 395.66 PR-UD 1.19 PLAINS QN COM PUD 2 - 15396 926.46 60.40 100.00 203.52 470.71 535.58 726.14 410.31 395.66 PR-UD 1.19 PLAINS QN COM PUD 3 - 15397 926.45 59.06 100.00 203.48 470.62 535.48 726.01 410.00 395.66 PR-UD 1.19 PLAINS QN COM PUD 7 - 15401 1,106.64 6.37 100.00 240.91 557.21 634.00 859.58 455.72 488.43 PR-UD 1.41 POWERS OL FED PrUD 3 - 15377 1,106.50 6.33 100.00 240.88 557.14 633.92 859.47 455.60 488.43 PR-UD 1.41 POWERS OL FED PrUD 4 - 15378 1,106.35 6.30 100.00 240.85 557.06 633.83 859.35 455.46 488.43 PR-UD 1.41 POWERS OL FED PrUD 7 - 15381 1,133.21 84.37 99.18 249.85 577.87 657.51 891.45 505.19 488.43 PR-UD 1.46 POWERS OL FED PUD 1 - 15371 1,133.19 82.02 99.46 249.85 577.87 657.51 891.45 505.21 488.43 PR-UD 1.46 POWERS OL FED PUD 10 - 15384 1,133.19 81.59 99.52 249.85 577.87 657.51 891.45 505.21 488.43 PR-UD 1.46 POWERS OL FED PUD 5 - 15379 1,133.19 81.14 99.57 249.85 577.87 657.51 891.45 505.20 488.43 PR-UD 1.46 POWERS OL FED PUD 6 - 15380 1,133.19 79.34 99.79 249.85 577.87 657.51 891.45 505.20 488.43 PR-UD 1.46 POWERS OL FED PUD 8 - 15382 1,133.19 78.92 99.85 249.85 577.87 657.51 891.45 505.21 488.43 PR-UD 1.46 POWERS OL FED PUD 9 - 15383 2,633.16 97.73 100.00 427.22 988.10 1,642.62 1,524.30 838.07 683.80 PR-UD 3.65 PZ FED PrUD 2 - 14260 2,632.11 93.48 100.00 426.98 987.55 1,641.71 1,523.46 836.80 683.80 PR-UD 3.65 PZ FED PrUD 4 - 14347 2,631.98 92.97 100.00 426.95 987.48 1,641.59 1,523.35 836.64 683.80 PR-UD 3.65 PZ FED PrUD 5 - 14348 2,650.84 373.87 100.00 432.69 1,000.77 1,663.68 1,543.84 873.65 683.80 PR-UD 3.70 PZ FED PUD 1 - 14259 23

Lease Name Life (years) Helium (MMcf) Gas (MMcf) Gas (M$) Helium (M$) Other (M$) Expense & Tax (M$) Invest. (M$) Non-Disc. (M$) Cash Flow Net Reserves Net Revenue Project Name : As of Date: 7/1/2023 Economic One-Liners Reserve Category NEW ERA HELIUM CORP. Disc. CF (M$) Risked / UnRisked MKM ENGINEERING TABLE 10 2,650.67 361.54 100.00 432.59 1,000.53 1,663.28 1,543.47 872.81 683.80 PR-UD 3.70 PZ FED PUD 6 - 14349 972.43 19.09 100.00 228.61 528.76 615.96 815.69 465.29 522.69 PR-UD 1.37 RAILROAD STATE PrUD 2 - 14430 974.55 130.53 88.53 230.61 533.38 621.34 822.82 480.31 522.69 PR-UD 1.38 RAILROAD STATE PUD 3 - 14431 974.55 129.84 88.59 230.61 533.38 621.34 822.82 480.31 522.69 PR-UD 1.38 RAILROAD STATE PUD 4 - 14432 1,283.72 8.55 100.00 278.67 644.53 733.36 994.29 528.60 559.86 PR-UD 1.63 RED ROCK FED PrUD 2 - 15338 1,373.52 11.66 100.00 298.67 690.79 785.99 1,065.65 570.59 598.33 PR-UD 1.75 RED ROCK NB FED PrUD 1 - 15312 1,373.38 11.59 100.00 298.64 690.71 785.90 1,065.53 570.44 598.33 PR-UD 1.75 RED ROCK NB FED PrUD 2 - 15313 1,372.42 11.14 100.00 298.40 690.17 785.29 1,064.69 569.40 598.33 PR-UD 1.75 RED ROCK NB FED PrUD 3 - 15314 1,372.28 11.09 100.00 298.37 690.09 785.20 1,064.57 569.25 598.33 PR-UD 1.74 RED ROCK NB FED PrUD 4 - 15315 1,395.44 126.49 97.32 307.12 710.34 808.24 1,095.82 620.63 598.33 PR-UD 1.80 RED ROCK NB FED PUD 6 - 15317 1,662.29 49.87 100.00 358.19 828.45 942.63 1,278.01 703.00 683.80 PR-UD 2.09 REDMAN OY STATE PrUD 1 - 13812 1,662.24 49.60 100.00 358.17 828.40 942.56 1,277.93 702.85 683.80 PR-UD 2.09 REDMAN OY STATE PrUD 3 - 13816 1,662.18 49.33 100.00 358.14 828.34 942.50 1,277.85 702.71 683.80 PR-UD 2.09 REDMAN OY STATE PrUD 5 - 13818 1,657.50 47.27 100.00 357.36 826.53 940.44 1,275.05 700.73 683.80 PR-UD 2.09 REDMAN OY STATE PrUD 7 - 13832 1,657.39 46.75 100.00 357.31 826.42 940.32 1,274.88 700.43 683.80 PR-UD 2.09 REDMAN OY STATE PrUD 8 - 13833 1,666.40 303.61 91.28 361.47 836.03 951.25 1,289.71 726.79 683.80 PR-UD 2.11 REDMAN OY STATE PUD 2 - 13815 943.68 4.68 100.00 228.66 528.85 601.74 815.84 449.73 553.02 PR-UD 1.34 RI FED PrUD 1 - 15350 960.85 61.99 93.86 235.69 545.13 620.26 840.94 492.45 553.02 PR-UD 1.38 RI FED PUD 3 - 15352 3,012.21 107.42 100.00 473.63 1,095.45 1,821.07 1,689.90 910.41 683.80 PR-UD 4.05 RIVER BRIDGE UX STATE PrUD 1 - 14309 2,701.81 65.47 100.00 422.23 976.58 1,623.46 1,506.53 802.87 601.89 PR-UD 3.61 RIVER BRIDGE UX STATE PrUD 11 - 14315 2,568.66 63.57 100.00 406.05 939.14 1,561.22 1,448.77 777.86 602.61 PR-UD 3.47 RIVER BRIDGE UX STATE PrUD 2 - 14306 2,735.06 322.12 100.00 429.78 994.02 1,652.46 1,533.43 842.97 601.89 PR-UD 3.67 RIVER BRIDGE UX STATE PUD 4 - 14308 2,735.00 320.39 100.00 429.76 993.98 1,652.39 1,533.37 842.85 601.89 PR-UD 3.67 RIVER BRIDGE UX STATE PUD 5 - 14307.5 1,619.08 34.81 100.00 256.62 593.52 986.67 915.60 491.07 385.66 PR-UD 2.19 ROSE CANNON AOR COM PrUD 2 - 14331 1,267.96 12.63 100.00 287.81 665.67 757.42 1,026.91 562.40 619.64 PR-UD 1.68 ROSE FED PrUD 12 - 14499 1,481.48 37.38 100.00 331.99 767.84 873.67 1,184.52 660.75 683.80 PR-UD 1.94 ROSE FED PrUD 2 - 14479 1,481.44 37.18 100.00 331.96 767.79 873.61 1,184.44 660.61 683.80 PR-UD 1.94 ROSE FED PrUD 3 - 14522 1,481.39 36.98 100.00 331.94 767.74 873.55 1,184.36 660.46 683.80 PR-UD 1.94 ROSE FED PrUD 5 - 14598 1,481.06 35.57 100.00 331.78 767.37 873.13 1,183.79 659.44 683.80 PR-UD 1.94 ROSE FED PrUD 6 - 14462 1,481.00 35.38 100.00 331.76 767.32 873.07 1,183.71 659.30 683.80 PR-UD 1.94 ROSE FED PrUD 7 - 14540 1,267.86 12.56 100.00 287.78 665.61 757.34 1,026.81 562.25 619.64 PR-UD 1.68 ROSE FED PrUD 8 - 14545 1,267.16 12.09 100.00 287.58 665.14 756.81 1,026.09 561.24 619.64 PR-UD 1.68 ROSE FED PrUD 9 - 14601 1,484.84 241.75 89.84 334.92 774.63 881.39 1,194.99 682.37 683.80 PR-UD 1.96 ROSE FED PUD 1 - 14516 1,219.45 98.38 95.44 281.38 650.79 740.48 1,003.94 577.43 598.33 PR-UD 1.65 ROSE FED PUD 13 - 15310 1,484.85 240.45 89.89 334.92 774.63 881.39 1,194.99 682.36 683.80 PR-UD 1.96 ROSE FED PUD 4 - 14460 24

Lease Name Life (years) Helium (MMcf) Gas (MMcf) Gas (M$) Helium (M$) Other (M$) Expense & Tax (M$) Invest. (M$) Non-Disc. (M$) Cash Flow Net Reserves Net Revenue Project Name : As of Date: 7/1/2023 Economic One-Liners Reserve Category NEW ERA HELIUM CORP. Disc. CF (M$) Risked / UnRisked MKM ENGINEERING TABLE 10 871.77 53.13 100.00 195.63 452.47 514.83 698.01 397.88 395.66 PR-UD 1.14 ROWLAND RN PUD 1 - 15394 871.77 52.83 100.00 195.62 452.45 514.80 697.97 397.79 395.66 PR-UD 1.14 ROWLAND RN PUD 2 - 15395 1,595.52 38.33 100.00 348.05 804.99 915.94 1,241.83 683.43 683.80 PR-UD 2.04 S. ALKALI FED PrUD 1 - 14490 1,466.17 33.09 100.00 329.49 762.07 867.10 1,175.61 654.81 683.80 PR-UD 1.93 S. ALKALI LK FED PrUD 1 - 14509 1,466.11 32.91 100.00 329.47 762.02 867.04 1,175.53 654.67 683.80 PR-UD 1.93 S. ALKALI LK FED PrUD 2 - 14474 733.76 2.91 100.00 161.58 373.71 425.22 576.51 303.88 337.80 PR-UD 0.94 SAGEBRUSH TY COM PrUD 10 - 15389.5 732.93 2.80 100.00 161.40 373.31 424.76 575.89 303.23 337.80 PR-UD 0.94 SAGEBRUSH TY COM PrUD 4 - 15426 732.81 2.78 100.00 161.38 373.25 424.70 575.80 303.14 337.80 PR-UD 0.94 SAGEBRUSH TY COM PrUD 7 - 15429 732.69 2.77 100.00 161.35 373.19 424.63 575.71 303.05 337.80 PR-UD 0.94 SAGEBRUSH TY COM PrUD 9 - 15430.5 890.02 54.35 100.00 192.80 445.91 507.37 687.89 385.49 365.66 PR-UD 1.13 SAGEBRUSH TY COM PUD 1 - 15419 758.10 43.55 100.00 168.90 390.64 444.48 602.63 341.86 337.80 PR-UD 0.99 SAGEBRUSH TY COM PUD 10 - 15432 758.09 42.58 100.00 168.87 390.57 444.40 602.51 341.59 337.80 PR-UD 0.99 SAGEBRUSH TY COM PUD 2 - 15424 1,322.17 26.31 100.00 308.72 714.03 812.44 1,101.51 622.02 683.80 PR-UD 1.81 SEC 16 PrUD 1 - 15359.5 1,322.12 26.17 100.00 308.70 713.98 812.39 1,101.43 621.88 683.80 PR-UD 1.81 SEC 16 PrUD 2 - 15360.5 1,322.07 26.02 100.00 308.68 713.93 812.32 1,101.35 621.73 683.80 PR-UD 1.81 SEC 32 PrUD 1 - 14496.5 1,321.69 24.89 100.00 308.49 713.51 811.85 1,100.70 620.57 683.80 PR-UD 1.80 SEC 32 PrUD 2 - 15354.5 1,680.30 37.34 100.00 359.88 832.37 947.09 1,284.06 699.41 683.80 PR-UD 2.10 SKINNY QO STATE PrUD 2 - 14531 1,679.78 35.93 100.00 359.70 831.94 946.59 1,283.39 698.34 683.80 PR-UD 2.10 SKINNY QO STATE PrUD 3 - 14486 1,688.20 294.96 91.98 364.65 843.40 959.63 1,301.07 732.10 683.80 PR-UD 2.13 SKINNY QO STATE PUD 1 - 14482 1,688.18 283.66 92.38 364.65 843.40 959.63 1,301.07 732.12 683.80 PR-UD 2.13 SKINNY QO STATE PUD 4 - 14541 1,284.36 9.66 100.00 282.51 653.40 743.46 1,007.98 540.62 579.86 PR-UD 1.65 SMERNOFF NL STATE COM PrUD 1 - 15322 1,284.22 9.61 100.00 282.47 653.33 743.37 1,007.86 540.47 579.86 PR-UD 1.65 SMERNOFF NL STATE COM PrUD 2 - 15323 1,306.69 112.09 97.11 290.96 672.97 765.72 1,038.16 590.30 579.86 PR-UD 1.70 SMERNOFF NL STATE COM PUD 3 - 15324 1,306.69 109.60 97.33 290.96 672.97 765.72 1,038.16 590.30 579.86 PR-UD 1.70 SMERNOFF NL STATE COM PUD 8 - 15329 778.02 3.24 100.00 171.38 396.39 451.02 611.49 322.81 358.07 PR-UD 1.00 SMERNOFF NL STATE PrUD 3 - 14492 1,220.43 99.38 95.79 279.66 646.82 735.96 997.82 572.66 587.50 PR-UD 1.64 SPRING FED COM PUD 1 - 15318 1,636.68 34.29 100.00 353.50 817.61 930.30 1,261.30 688.72 683.80 PR-UD 2.07 SPRINGER TK STATE COM PrUD 2 - 13810 1,653.81 34.67 100.00 355.94 823.25 936.71 1,270.00 692.36 683.80 PR-UD 2.08 SPRINGER TK STATE COM PrUD 6 - 13827 1,653.25 33.34 100.00 355.75 822.81 936.21 1,269.32 691.29 683.80 PR-UD 2.08 SPRINGER TK STATE COM PrUD 8 - 13829 1,653.09 32.99 100.00 355.70 822.69 936.07 1,269.12 690.98 683.80 PR-UD 2.08 SPRINGER TK STATE COM PrUD 9 - 13830 1,644.59 270.73 92.01 358.28 828.66 942.87 1,278.34 721.48 683.80 PR-UD 2.10 SPRINGER TK STATE COM PUD 4 - 13814 1,662.04 273.72 92.24 360.83 834.56 949.57 1,287.43 725.73 683.80 PR-UD 2.11 SPRINGER TK STATE COM PUD 7 - 13828 1,344.75 15.64 100.00 305.20 705.88 803.17 1,088.94 598.82 654.42 PR-UD 1.78 STANCEL FED PrUD 2 - 14485 1,344.66 15.56 100.00 305.17 705.82 803.10 1,088.84 598.67 654.42 PR-UD 1.78 STANCEL FED PrUD 3 - 14536 1,343.89 14.87 100.00 304.94 705.28 802.48 1,088.01 597.47 654.42 PR-UD 1.78 STANCEL FED PrUD 5 - 14544 25

Lease Name Life (years) Helium (MMcf) Gas (MMcf) Gas (M$) Helium (M$) Other (M$) Expense & Tax (M$) Invest. (M$) Non-Disc. (M$) Cash Flow Net Reserves Net Revenue Project Name : As of Date: 7/1/2023 Economic One-Liners Reserve Category NEW ERA HELIUM CORP. Disc. CF (M$) Risked / UnRisked MKM ENGINEERING TABLE 10 1,356.17 140.24 93.33 311.03 719.38 818.52 1,109.76 637.07 654.42 PR-UD 1.82 STANCEL FED PUD 1 - 14528 1,356.16 138.66 93.45 311.03 719.38 818.52 1,109.76 637.08 654.42 PR-UD 1.82 STANCEL FED PUD 4 - 13860 1,370.24 46.89 100.00 308.33 713.14 830.74 1,100.12 624.15 649.61 PR-UD 1.85 STATE 16-3 PrUD 1 - 14387 1,319.61 51.32 100.00 306.73 709.44 826.43 1,094.42 632.18 678.50 PR-UD 1.84 STEWART FED PrUD 1 - 14375 1,319.52 49.07 100.00 306.60 709.12 826.06 1,093.93 631.09 678.50 PR-UD 1.84 STEWART FED PrUD 3 - 14377 2,284.05 72.72 100.00 384.04 888.24 1,476.60 1,370.24 767.23 683.80 PR-UD 3.28 SU FED PrUD 3 - 14225 2,283.12 69.54 100.00 383.81 887.72 1,475.74 1,369.45 765.99 683.80 PR-UD 3.28 SU FED PrUD 4 - 14226 2,283.01 69.16 100.00 383.79 887.65 1,475.64 1,369.35 765.83 683.80 PR-UD 3.28 SU FED PrUD 5 - 14227 2,282.89 68.79 100.00 383.76 887.59 1,475.53 1,369.25 765.68 683.80 PR-UD 3.28 SU FED PrUD 6 - 14228 2,282.07 66.19 100.00 383.56 887.14 1,474.77 1,368.55 764.59 683.80 PR-UD 3.28 SU FED PrUD 7 - 14229 2,281.88 65.63 100.00 383.52 887.03 1,474.61 1,368.39 764.35 683.80 PR-UD 3.28 SU FED PrUD 8 - 14230 2,298.98 290.69 100.00 389.28 900.37 1,496.78 1,388.96 803.33 683.80 PR-UD 3.33 SU FED PUD 1 - 14223 2,592.96 64.88 100.00 420.14 971.74 1,615.41 1,499.06 817.13 676.11 PR-UD 3.59 SUMMERS COM PrUD 20 - 14299 2,836.94 85.55 100.00 451.70 1,044.73 1,736.76 1,611.66 872.41 683.80 PR-UD 3.86 SUMMERS COM PrUD 22 - 14302 2,836.78 85.09 100.00 451.67 1,044.65 1,736.63 1,611.54 872.24 683.80 PR-UD 3.86 SUMMERS COM PrUD 23 - 15272 2,591.76 62.39 100.00 419.90 971.17 1,614.48 1,498.19 815.98 676.11 PR-UD 3.59 SUMMERS COM PrUD 24 - 14297 2,836.61 84.63 100.00 451.63 1,044.57 1,736.50 1,611.42 872.08 683.80 PR-UD 3.86 SUMMERS COM PrUD 7 - 14198 2,589.54 312.16 100.00 412.08 953.08 1,584.40 1,470.28 815.62 602.61 PR-UD 3.52 SUMMERS COM PUD 17 - 14295 2,619.96 307.95 100.00 427.25 988.18 1,642.75 1,524.43 859.29 676.11 PR-UD 3.65 SUMMERS COM PUD 21 - 14300 2,619.92 306.19 100.00 427.23 988.14 1,642.68 1,524.36 859.15 676.11 PR-UD 3.65 SUMMERS COM PUD 23 - 14298 1,078.57 158.52 87.43 255.93 591.93 689.54 913.14 533.46 582.58 PR-UD 1.53 SUN FED PUD 1 - 14420 1,078.57 157.68 87.49 255.93 591.93 689.54 913.14 533.46 582.58 PR-UD 1.53 SUN FED PUD 2 - 14421 1,078.57 156.78 87.54 255.93 591.93 689.54 913.14 533.46 582.58 PR-UD 1.53 SUN FED PUD 3 - 14422 1,382.67 26.90 100.00 219.33 507.28 843.30 782.55 419.11 331.35 PR-UD 1.87 SUZANNE FED PrUD 3 - 14352 1,382.44 26.60 100.00 219.29 507.18 843.14 782.41 418.94 331.35 PR-UD 1.87 SUZANNE FED PrUD 6 - 14355 1,592.39 29.90 100.00 346.88 802.30 912.87 1,237.68 676.67 683.80 PR-UD 2.03 TECKLA MD FED PrUD 2 - 14476 1,601.02 245.42 92.13 351.91 813.93 926.10 1,255.61 710.82 683.80 PR-UD 2.06 TECKLA MD FED PUD 1 - 14513 1,601.01 243.99 92.19 351.91 813.93 926.10 1,255.61 710.82 683.80 PR-UD 2.06 TECKLA MD FED PUD 3 - 14517 1,592.30 29.74 100.00 346.86 802.24 912.80 1,237.58 676.52 683.80 PR-UD 2.03 TECKLA MD FED PUrD 5 - 14523 1,105.19 6.02 100.00 240.59 556.46 633.16 858.43 454.44 488.43 PR-UD 1.41 THOMAS LN FED PrUD 1 - 15372 1,105.05 5.99 100.00 240.56 556.39 633.07 858.32 454.31 488.43 PR-UD 1.41 THOMAS LN FED PrUD 2 - 15373 1,104.01 5.76 100.00 240.33 555.86 632.47 857.51 453.41 488.43 PR-UD 1.41 THOMAS LN FED PrUD 3 - 15375 1,133.20 78.47 99.91 249.85 577.87 657.51 891.45 505.20 488.43 PR-UD 1.46 THOMAS LN FED PUD 4 - 15376 764.81 3.23 100.00 175.96 406.97 463.06 627.81 337.36 395.66 PR-UD 1.03 TROUT FED COM PrUD 2 - 15404 764.70 3.22 100.00 175.93 406.91 462.99 627.73 337.26 395.66 PR-UD 1.03 TROUT FED COM PrUD 3 - 15405 26

Lease Name Life (years) Helium (MMcf) Gas (MMcf) Gas (M$) Helium (M$) Other (M$) Expense & Tax (M$) Invest. (M$) Non-Disc. (M$) Cash Flow Net Reserves Net Revenue Project Name : As of Date: 7/1/2023 Economic One-Liners Reserve Category NEW ERA HELIUM CORP. Disc. CF (M$) Risked / UnRisked MKM ENGINEERING TABLE 10 1,352.17 25.90 100.00 223.23 516.30 858.30 796.47 436.51 382.40 PR-UD 1.91 TYRELL FED COM PrUD 1 - 14339 3,119.19 432.65 100.00 490.13 1,133.62 1,884.53 1,748.78 963.94 683.80 PR-UD 4.19 UNRUH AFF FED COM PUD 1 - 14179 1,407.73 40.29 100.00 304.22 703.63 819.66 1,085.46 601.77 599.25 PR-UD 1.82 VANCE A FED PrUD 1 - 14409 1,066.20 22.45 100.00 254.41 588.42 685.46 907.74 522.13 593.29 PR-UD 1.52 VANCE FED PrUD 4 - 14411 1,066.17 22.33 100.00 254.39 588.38 685.41 907.67 522.01 593.29 PR-UD 1.52 VANCE FED PrUD 5 - 15218 1,065.94 21.36 100.00 254.25 588.05 685.03 907.17 521.02 593.29 PR-UD 1.52 VANCE FED PrUD 7 - 15216 1,067.70 159.60 86.57 256.17 592.48 690.19 913.99 535.67 593.29 PR-UD 1.53 VANCE FED PUD 3 - 14413 1,477.27 68.91 100.00 330.36 764.07 890.08 1,178.71 671.79 683.80 PR-UD 1.98 WHEELER AEE FED PrUD 2 - 15202 1,477.16 65.89 100.00 330.21 763.75 889.70 1,178.20 670.68 683.80 PR-UD 1.98 WHEELER AEE FED PrUD 4 - 15204 1,477.14 65.54 100.00 330.20 763.70 889.65 1,178.13 670.55 683.80 PR-UD 1.98 WHEELER AFE FED PrUD 1 - 14361 1,477.02 62.72 100.00 330.05 763.37 889.26 1,177.63 669.44 683.80 PR-UD 1.98 WHEELER AFE FED PrUD 3 - 14363 43,523.25 718,083.89 251,162.62 274,340.81 323,727.33 499,400.34 420,459.66 139,966.97 Total 100.00 934.35 Probable Rsv Class 43,523.25 718,083.89 251,162.62 274,340.81 323,727.33 499,400.34 420,459.66 139,966.97 Total 100.00 934.35 Possible Rsv Class Undeveloped Rsv Category 2,689.67 10.33 100.00 498.03 1,151.88 1,310.63 1,776.96 870.78 679.01 PS-UD 2.91 *ALKALI FED PsUD 1 - 14595 2,686.69 10.00 100.00 497.51 1,150.67 1,309.26 1,775.09 869.32 679.01 PS-UD 2.91 *ALKALI FED PsUD 18 - 15465 2,683.09 9.62 100.00 496.88 1,149.22 1,307.61 1,772.86 867.59 679.01 PS-UD 2.91 *ALKALI FED PsUD 25 - 15492 2,679.92 9.30 100.00 496.33 1,147.95 1,306.16 1,770.89 866.07 679.01 PS-UD 2.90 *ALKALI FED PsUD 3 - 14525 2,672.94 8.66 100.00 495.13 1,145.17 1,302.99 1,766.60 862.80 679.01 PS-UD 2.90 *ALKALI FED PsUD 4 - 15448 2,676.24 8.95 100.00 495.69 1,146.48 1,304.49 1,768.62 864.34 679.01 PS-UD 2.90 *ALKALI FED PsUD 4 - 14599 2,663.98 7.92 100.00 493.59 1,141.61 1,298.95 1,761.12 858.69 679.01 PS-UD 2.89 *ALKALI FED PsUD 5 - 14533 2,667.39 8.19 100.00 494.17 1,142.96 1,300.49 1,763.20 860.24 679.01 PS-UD 2.89 *ALKALI FED PsUD 5 - 15449 2,659.92 7.62 100.00 492.89 1,140.01 1,297.12 1,758.64 856.84 679.01 PS-UD 2.88 *ALKALI FED PsUD 8 - 14542 2,612.10 6.56 100.00 475.87 1,100.64 1,252.33 1,697.91 819.09 619.69 PS-UD 2.78 *BEARD FED PsUD 4 - 14600 2,636.95 6.06 100.00 475.68 1,100.19 1,251.81 1,697.21 813.92 598.34 PS-UD 2.78 *BENEDICT FED COM PsUD 4 - 14538 3,214.69 66.00 100.00 496.99 1,149.49 1,910.90 1,773.26 935.17 683.80 PS-UD 4.25 *BITTER LAKE PX STATE PsUD 7 - 15260 2,870.64 8.17 100.00 521.29 1,205.67 1,371.84 1,859.94 898.28 668.54 PS-UD 3.05 *BLYTHE SV PsUD 2 - 15455 2,866.12 7.86 100.00 520.53 1,203.92 1,369.85 1,857.24 896.36 668.54 PS-UD 3.04 *BLYTHE SV PsUD 5 - 14561 2,862.27 7.60 100.00 519.88 1,202.43 1,368.15 1,854.94 894.73 668.54 PS-UD 3.04 *BLYTHE SV PsUD 7 - 14569 2,635.90 48.71 100.00 425.68 984.55 1,636.72 1,518.83 820.40 683.80 PS-UD 3.64 *BO FED PsUD 2 - 14243 2,477.14 49.41 100.00 463.88 1,072.90 1,249.83 1,655.12 846.86 653.85 PS-UD 2.78 *HANAGAN A FED PsUD 4 - 15225 2,253.02 4.21 100.00 412.92 955.04 1,086.66 1,473.29 708.10 553.87 PS-UD 2.41 *HORSE CREEK COM PsUD 4 - 15345 2,249.20 4.07 100.00 412.29 953.59 1,085.01 1,471.06 706.59 553.87 PS-UD 2.41 *HORSE CREEK COM PsUD 5 - 15474 2,244.78 3.92 100.00 411.57 951.92 1,083.11 1,468.48 704.86 553.87 PS-UD 2.41 *HORSE CREEK COM PsUD 6 - 15347 27

Lease Name Life (years) Helium (MMcf) Gas (MMcf) Gas (M$) Helium (M$) Other (M$) Expense & Tax (M$) Invest. (M$) Non-Disc. (M$) Cash Flow Net Reserves Net Revenue Project Name : As of Date: 7/1/2023 Economic One-Liners Reserve Category NEW ERA HELIUM CORP. Disc. CF (M$) Risked / UnRisked MKM ENGINEERING TABLE 10 2,240.83 3.79 100.00 410.93 950.43 1,081.42 1,466.18 703.33 553.87 PS-UD 2.40 *HORSE CREEK COM PsUD 8 - 15349 2,635.48 48.17 100.00 425.60 984.37 1,636.41 1,518.54 820.05 683.80 PS-UD 3.64 *LEEMAN PsUD 6 - 14231 1,322.51 6.14 100.00 217.51 503.07 836.30 776.06 410.51 382.40 PS-UD 1.86 *LISA FED PsUD 4 - 14336 1,320.39 5.84 100.00 217.18 502.30 835.03 774.88 409.42 382.40 PS-UD 1.86 *LISA FED PsUD 5 - 14337 3,137.93 58.04 100.00 487.30 1,127.08 1,873.65 1,738.70 917.70 683.80 PS-UD 4.16 *LORETTA BBO STATE COM PsUD 1 - 15240 3,135.52 55.21 100.00 486.89 1,126.11 1,872.05 1,737.20 916.04 683.80 PS-UD 4.16 *LORETTA BBO STATE COM PsUD 4 - 14191 3,117.95 14.97 100.00 560.77 1,296.99 1,475.74 2,000.81 971.78 683.80 PS-UD 3.28 *LUTHER BBN FED COM PsUD 1 - 15447 2,959.09 13.37 100.00 537.85 1,243.99 1,415.44 1,919.05 935.59 683.80 PS-UD 3.15 *MARGARET RQ STATE PsUD 6 - 13824 2,605.06 25.81 100.00 419.92 971.22 1,614.56 1,498.26 797.95 681.04 PS-UD 3.59 *MCKAY-HARVEY FED PsUD 13 - 14276.5 2,602.28 24.55 100.00 419.46 970.15 1,612.78 1,496.61 796.22 681.04 PS-UD 3.58 *MCKAY-HARVEY FED PsUD 2 - 15297 2,599.44 23.36 100.00 418.98 969.06 1,610.97 1,494.93 794.48 681.04 PS-UD 3.58 *MCKAY-HARVEY FED PsUD 3 - 14271 2,596.51 22.16 100.00 418.50 967.95 1,609.11 1,493.21 792.72 681.04 PS-UD 3.58 *MCKAY-HARVEY FED PsUD 6 - 15270 2,593.53 21.09 100.00 418.01 966.82 1,607.23 1,491.47 790.94 681.04 PS-UD 3.57 *MCKAY-HARVEY FED PsUD 7 - 15253 2,590.44 20.06 100.00 417.51 965.66 1,605.30 1,489.68 789.15 681.04 PS-UD 3.57 *MCKAY-HARVEY FED PsUD 8 - 15254 2,676.60 5.95 100.00 481.26 1,113.10 1,266.51 1,717.14 821.82 598.33 PS-UD 2.81 *MIKE HARVEY TR FED PsUD 1 - 15466 2,672.49 5.76 100.00 480.59 1,111.55 1,264.74 1,714.74 820.20 598.33 PS-UD 2.81 *MIKE HARVEY TR FED PsUD 5 - 15308 2,629.81 41.74 100.00 424.55 981.94 1,632.37 1,514.79 815.49 683.80 PS-UD 3.63 *PECOS RIVER FED PsUD 1 - 14323 2,628.42 40.37 100.00 424.30 981.35 1,631.40 1,513.89 814.43 683.80 PS-UD 3.63 *PECOS RIVER FED PsUD 2 - 14324 2,416.21 4.90 100.00 437.45 1,011.78 1,151.23 1,560.83 747.77 559.86 PS-UD 2.56 *RED ROCK FED PsUD 1 - 15337 2,412.39 4.74 100.00 436.83 1,010.33 1,149.58 1,558.60 746.26 559.86 PS-UD 2.55 *RED ROCK FED PsUD 6 - 15473 2,647.12 15.38 100.00 412.24 953.47 1,585.04 1,470.87 760.37 601.89 PS-UD 3.52 *RIVER BRIDGE UX STATE PsUD 10 - 14314 2,643.21 14.63 100.00 411.65 952.10 1,582.78 1,468.77 758.56 601.89 PS-UD 3.52 *RIVER BRIDGE UX STATE PsUD 8 - 14312 2,439.51 5.83 100.00 451.04 1,043.20 1,186.97 1,609.30 780.33 619.64 PS-UD 2.64 *ROSE FED PsUD 10 - 14602 2,435.41 5.61 100.00 450.35 1,041.61 1,185.16 1,606.84 778.57 619.64 PS-UD 2.63 *ROSE FED PsUD 11 - 15464 1,380.40 1.94 100.00 252.31 583.56 663.98 900.23 429.58 337.80 PS-UD 1.48 *SAGEBRUSH TY COM PsUD 1 - 15511 2,536.33 19.41 100.00 399.36 923.68 1,535.52 1,424.92 745.19 602.61 PS-UD 3.41 *SELDEN BDN COM PsUD 4 - 15274 3,112.88 13.51 100.00 559.74 1,294.61 1,473.03 1,997.14 968.11 683.80 PS-UD 3.27 *SPRINGER TK STATE COM PUD 11 - 15441 3,109.54 13.06 100.00 559.17 1,293.28 1,471.53 1,995.10 966.56 683.80 PS-UD 3.27 *SPRINGER TK STATE COM PUD 12 - 15442 2,492.53 52.07 100.00 470.44 1,088.07 1,267.50 1,678.52 863.06 678.50 PS-UD 2.82 *STEWART FED PsUD 6 - 14380 2,832.74 40.48 100.00 449.19 1,038.92 1,727.10 1,602.70 852.19 683.80 PS-UD 3.84 *SUMMERS COM PsUD 1 - 14192 2,835.14 42.55 100.00 449.61 1,039.89 1,728.71 1,604.19 853.85 683.80 PS-UD 3.84 *SUMMERS COM PsUD 1 - 15242 2,830.27 38.51 100.00 448.76 1,037.94 1,725.46 1,601.18 850.51 683.80 PS-UD 3.83 *SUMMERS COM PsUD 10 - 15251 2,524.39 18.38 100.00 397.79 920.04 1,529.47 1,419.30 741.80 602.61 PS-UD 3.40 *SUMMERS COM PsUD 13 - 14291 2,521.16 17.49 100.00 397.28 918.86 1,527.52 1,417.49 740.11 602.61 PS-UD 3.39 *SUMMERS COM PsUD 14 - 14292 2,517.80 16.64 100.00 396.76 917.66 1,525.52 1,415.64 738.41 602.61 PS-UD 3.39 *SUMMERS COM PsUD 16 - 14294 28

Lease Name Life (years) Helium (MMcf) Gas (MMcf) Gas (M$) Helium (M$) Other (M$) Expense & Tax (M$) Invest. (M$) Non-Disc. (M$) Cash Flow Net Reserves Net Revenue Project Name : As of Date: 7/1/2023 Economic One-Liners Reserve Category NEW ERA HELIUM CORP. Disc. CF (M$) Risked / UnRisked MKM ENGINEERING TABLE 10 2,514.37 15.83 100.00 396.23 916.43 1,523.48 1,413.74 736.68 602.61 PS-UD 3.39 *SUMMERS COM PsUD 18 - 15266 2,510.84 15.06 100.00 395.69 915.18 1,521.39 1,411.81 734.94 602.61 PS-UD 3.38 *SUMMERS COM PsUD 20 - 15268 2,060.71 10.81 100.00 322.36 745.57 1,239.44 1,150.17 594.72 479.75 PS-UD 2.75 *SUMMERS COM PsUD 25 - 15281 2,827.73 36.63 100.00 448.33 1,036.93 1,723.79 1,599.63 848.82 683.80 PS-UD 3.83 *SUMMERS COM PsUD 3 - 15244 2,825.15 34.86 100.00 447.89 1,035.91 1,722.10 1,598.05 847.12 683.80 PS-UD 3.83 *SUMMERS COM PsUD 4 - 15245 2,822.46 33.16 100.00 447.43 1,034.86 1,720.36 1,596.44 845.40 683.80 PS-UD 3.82 *SUMMERS COM PsUD 4 - 14195 2,819.72 31.56 100.00 446.97 1,033.80 1,718.59 1,594.80 843.67 683.80 PS-UD 3.82 *SUMMERS COM PsUD 5 - 14196 2,816.88 30.02 100.00 446.50 1,032.71 1,716.78 1,593.12 841.92 683.80 PS-UD 3.82 *SUMMERS COM PsUD 9 - 15250 1,348.14 6.03 100.00 213.22 493.16 819.82 760.77 394.27 331.35 PS-UD 1.82 *SUZANNE FED PsUD 5 - 14354 1,345.86 5.73 100.00 212.88 492.37 818.52 759.56 393.24 331.35 PS-UD 1.82 *SUZANNE FED PsUD 7 - 15283 1,343.52 5.45 100.00 212.53 491.57 817.18 758.32 392.20 331.35 PS-UD 1.82 *SUZANNE FED PsUD 8 - 14357 1,477.52 2.18 100.00 274.58 635.08 722.61 979.71 470.97 388.91 PS-UD 1.61 *TROUT FED COM PsUD 1 - 15482 1,474.72 2.11 100.00 274.13 634.03 721.41 978.09 469.89 388.91 PS-UD 1.60 *TROUT FED COM PsUD 2 - 15483 1,475.88 2.32 100.00 275.56 637.34 725.17 983.19 474.15 395.66 PS-UD 1.61 *TROUT FED COM PsUD 4 - 15406 1,473.16 2.24 100.00 275.11 636.30 724.00 981.60 473.08 395.66 PS-UD 1.61 *TROUT FED COM PsUD 6 - 15408 2,742.94 71.39 100.00 507.50 1,173.80 1,367.37 1,810.76 925.19 683.80 PS-UD 3.04 *WHEELER AEE FED PsUD 5 - 15205 2,741.53 67.55 100.00 507.15 1,172.97 1,366.40 1,809.49 923.54 683.80 PS-UD 3.04 *WHEELER AFE FED PsUD 13 - 15208 2,740.06 63.92 100.00 506.78 1,172.12 1,365.42 1,808.18 921.86 683.80 PS-UD 3.03 *WHEELER AFE FED PsUD 8 - 14369 1,316.74 3.04 100.00 300.74 695.57 791.43 1,073.02 564.27 679.01 PS-UD 1.76 ALKALI FED PsUD 2 - 14478 1,315.26 2.96 100.00 300.44 694.89 790.66 1,071.98 563.27 679.01 PS-UD 1.76 ALKALI FED PsUD 6 - 15457 1,314.97 2.94 100.00 300.39 694.76 790.51 1,071.78 563.07 679.01 PS-UD 1.76 ALKALI FED PsUD 7 - 14489 1,314.70 2.93 100.00 300.33 694.64 790.37 1,071.59 562.88 679.01 PS-UD 1.76 ALKALI FED PsUD 9 - 14493 1,305.62 2.55 100.00 295.50 683.47 777.66 1,054.35 549.57 660.29 PS-UD 1.73 ANDREW UU PsUD 2 - 14581 1,303.97 2.48 100.00 295.19 682.74 776.84 1,053.24 548.55 660.29 PS-UD 1.73 ANDREW UU PsUD 3 - 14585 1,305.95 2.36 100.00 288.54 667.36 759.34 1,029.51 530.58 619.69 PS-UD 1.69 BEARD FED PsUD 1 - 14529 1,305.64 2.35 100.00 288.49 667.23 759.19 1,029.31 530.40 619.69 PS-UD 1.69 BEARD FED PsUD 2 - 14461 1,304.24 2.30 100.00 288.23 666.64 758.51 1,028.39 529.60 619.69 PS-UD 1.69 BEARD FED PsUD 3 - 14537 3,184.12 61.93 100.00 493.22 1,140.76 1,896.39 1,759.80 929.03 683.80 PS-UD 4.21 BITTER LAKE PX STATE PsUD 1 - 15259 3,182.24 59.56 100.00 492.89 1,140.00 1,895.14 1,758.63 927.73 683.80 PS-UD 4.21 BITTER LAKE PX STATE PsUD 6 - 15262 3,179.79 56.68 100.00 492.47 1,139.02 1,893.51 1,757.12 926.06 683.80 PS-UD 4.21 BITTER LAKE PX STATE PsUD 8 - 15261 1,442.12 3.07 100.00 316.50 732.03 832.92 1,129.27 583.56 668.54 PS-UD 1.85 BLYTHE SV PsUD 1 - 15454 1,440.72 3.00 100.00 316.24 731.42 832.22 1,128.33 582.72 668.54 PS-UD 1.85 BLYTHE SV PsUD 6 - 14565 2,607.47 42.98 100.00 422.03 976.12 1,622.69 1,505.81 813.36 683.80 PS-UD 3.61 BO FED PsUD 3 - 14244 2,605.87 41.33 100.00 421.74 975.44 1,621.57 1,504.77 812.11 683.80 PS-UD 3.60 BO FED PsUD 4 - 14245 813.45 0.91 100.00 178.66 413.21 470.16 637.45 322.74 384.64 PS-UD 1.04 BURROWGRASS ABG FED COM PsUD 10 - 15418 29

Lease Name Life (years) Helium (MMcf) Gas (MMcf) Gas (M$) Helium (M$) Other (M$) Expense & Tax (M$) Invest. (M$) Non-Disc. (M$) Cash Flow Net Reserves Net Revenue Project Name : As of Date: 7/1/2023 Economic One-Liners Reserve Category NEW ERA HELIUM CORP. Disc. CF (M$) Risked / UnRisked MKM ENGINEERING TABLE 10 812.88 0.90 100.00 178.56 412.99 469.90 637.10 322.47 384.64 PS-UD 1.04 BURROWGRASS ABG FED COM PsUD 3 - 15411 1,539.49 5.55 100.00 334.49 773.63 880.25 1,193.44 624.04 683.80 PS-UD 1.96 CALDZILL RZ PsUD 2 - 14558 1,033.45 1.34 100.00 235.22 544.03 619.01 839.25 432.34 536.50 PS-UD 1.38 CAMACK FED PsUD 1 - 15477 1,032.85 1.33 100.00 235.11 543.78 618.72 838.86 432.00 536.50 PS-UD 1.37 CAMACK FED PsUD 2 - 15478 1,031.52 1.30 100.00 234.87 543.22 618.08 838.00 431.28 536.50 PS-UD 1.37 CAMACK FED PsUD 2 - 15358 1,031.19 1.29 100.00 234.81 543.08 617.93 837.79 431.10 536.50 PS-UD 1.37 CAMACK FED PsUD 4 - 15360 1,029.51 1.25 100.00 234.50 542.38 617.13 836.70 430.20 536.50 PS-UD 1.37 CAMACK FED PsUD 4 - 15499 1,062.10 13.17 100.00 252.51 584.03 680.34 900.96 509.94 593.29 PS-UD 1.51 DALE FED 14 PsUD 1 - 15233 1,061.68 12.66 100.00 252.36 583.67 679.93 900.41 509.03 593.29 PS-UD 1.51 DALE FED 14 PsUD 2 - 15234 1,061.06 11.98 100.00 252.13 583.15 679.32 899.60 507.73 593.29 PS-UD 1.51 DALE FED PsUD 2 - 14415 2,605.40 40.87 100.00 421.66 975.24 1,621.25 1,504.47 811.76 683.80 PS-UD 3.60 DANA FED PsUD 1 - 14211 2,603.79 39.33 100.00 421.36 974.56 1,620.12 1,503.42 810.51 683.80 PS-UD 3.60 DANA FED PsUD 3 - 14213 2,603.32 38.91 100.00 421.28 974.37 1,619.79 1,503.12 810.16 683.80 PS-UD 3.60 DANA FED PsUD 4 - 14214 2,602.35 38.04 100.00 421.11 973.97 1,619.12 1,502.50 809.44 683.80 PS-UD 3.60 DANA FED PsUD 5 - 14215 2,601.86 37.62 100.00 421.02 973.77 1,618.79 1,502.19 809.08 683.80 PS-UD 3.60 DANA FED PsUD 6 - 14216 2,600.17 36.20 100.00 420.71 973.06 1,617.62 1,501.10 807.82 683.80 PS-UD 3.59 DANA FED PsUD 7 - 14217 1,541.03 5.36 100.00 334.60 773.88 880.54 1,193.84 623.43 683.80 PS-UD 1.96 DEE OQ STATE PsUD 1 - 14548 1,540.47 5.30 100.00 334.49 773.63 880.25 1,193.44 623.04 683.80 PS-UD 1.96 DEE OQ STATE PsUD 3 - 14497 899.60 1.23 100.00 240.75 556.83 633.58 859.00 470.79 679.01 PS-UD 1.41 DORIS FED PsUD 2 - 14575 899.39 1.22 100.00 240.71 556.73 633.45 858.84 470.62 679.01 PS-UD 1.41 DORIS FED PsUD 5 - 14587 1,084.44 1.80 100.00 260.10 601.59 684.50 928.05 491.37 638.33 PS-UD 1.52 DORIS RI FED PsUD 1 - 14495 1,083.05 1.75 100.00 259.83 600.96 683.79 927.08 490.44 638.33 PS-UD 1.52 DORIS RI FED PsUD 2 - 13864 1,082.78 1.74 100.00 259.78 600.84 683.64 926.88 490.26 638.33 PS-UD 1.52 DORIS RI FED PsUD 2 - 15458 1,082.50 1.73 100.00 259.72 600.71 683.50 926.69 490.07 638.33 PS-UD 1.52 DORIS RI FED PsUD 3 - 14498 1,042.65 1.48 100.00 244.39 565.24 643.14 871.97 455.32 582.37 PS-UD 1.43 DORIS RI FED PsUD 4 - 15319 494.14 0.50 100.00 110.96 256.64 292.01 395.91 201.18 249.24 PS-UD 0.65 EDMONDSON FED PsUD 2 - 15434 1,538.51 5.10 100.00 334.09 772.72 879.21 1,192.04 621.66 683.80 PS-UD 1.95 EVERETTE OO PsUD 4 - 13857 1,538.24 5.07 100.00 334.04 772.59 879.07 1,191.84 621.45 683.80 PS-UD 1.95 EVERETTE OO PsUD 9 - 14547 1,913.70 8.08 100.00 305.82 707.34 1,175.87 1,091.18 568.35 492.34 PS-UD 2.61 FINCH FEE PsUD 2 - 14328 1,912.96 7.99 100.00 305.71 707.08 1,175.45 1,090.78 568.01 492.34 PS-UD 2.61 FINCH FEE PsUD 3 - 14329 1,168.79 1.67 100.00 255.92 591.90 673.48 913.11 465.51 544.19 PS-UD 1.50 GENEVE UI COM PsUD 1 - 15356 1,481.72 4.65 100.00 325.86 753.67 857.54 1,162.65 608.34 683.80 PS-UD 1.91 GINGER XZ FED PsUD 1 - 14468 1,365.23 2.59 100.00 298.13 689.54 784.57 1,063.72 546.69 625.90 PS-UD 1.74 GLOBE MN FED PsUD 4 - 14459 1,481.45 4.62 100.00 325.80 753.54 857.40 1,162.46 608.15 683.80 PS-UD 1.91 GRAFA RW PsUD 2 - 13867 912.01 1.11 100.00 200.30 463.27 527.12 714.67 362.83 430.22 PS-UD 1.17 GRYNBERG 17 FED COM PsUD 1 - 15387 30

Lease Name Life (years) Helium (MMcf) Gas (MMcf) Gas (M$) Helium (M$) Other (M$) Expense & Tax (M$) Invest. (M$) Non-Disc. (M$) Cash Flow Net Reserves Net Revenue Project Name : As of Date: 7/1/2023 Economic One-Liners Reserve Category NEW ERA HELIUM CORP. Disc. CF (M$) Risked / UnRisked MKM ENGINEERING TABLE 10 700.22 0.73 100.00 155.44 359.51 409.06 554.60 281.04 341.90 PS-UD 0.91 GRYNBERG LZ STATE PsUD 1 - 15423 1,151.44 1.67 100.00 254.37 588.32 669.40 907.57 464.37 549.48 PS-UD 1.49 GYP MO FED PsUD 1 - 15354 1,150.03 1.63 100.00 254.11 587.73 668.73 906.67 463.62 549.48 PS-UD 1.49 GYP MO FED PsUD 2 - 15355 1,314.25 19.12 100.00 298.87 691.24 805.24 1,066.35 594.74 653.85 PS-UD 1.79 HANAGAN A FED PsUD 5 - 15226 2,884.75 41.37 100.00 455.70 1,053.99 1,752.15 1,625.94 863.53 683.80 PS-UD 3.89 HARGROVED AFH PsUD 1 - 14169 1,236.40 18.12 100.00 279.47 646.37 752.97 997.13 554.77 605.30 PS-UD 1.67 HELEN COLLINS FED COM PsUD 5 - 14399 1,235.85 17.34 100.00 279.28 645.93 752.45 996.45 553.69 605.30 PS-UD 1.67 HELEN COLLINS FED COM PsUD 7 - 14401 1,292.18 2.69 100.00 296.59 685.99 780.53 1,058.25 555.63 676.96 PS-UD 1.73 HIGGINS FED PsUD 2 - 14588 1,291.86 2.67 100.00 296.53 685.85 780.37 1,058.03 555.42 676.96 PS-UD 1.73 HIGGINS FED PsUD 4 - 14596 1,290.63 2.61 100.00 296.29 685.29 779.74 1,057.17 554.61 676.96 PS-UD 1.73 HIGGINS FED PsUD 5 - 14519 1,290.07 2.59 100.00 296.18 685.04 779.45 1,056.78 554.23 676.96 PS-UD 1.73 HIGGINS FED PsUD 6 - 14481 1,288.82 2.53 100.00 295.94 684.47 778.81 1,055.91 553.41 676.96 PS-UD 1.73 HIGGINS FED PsUD 7 - 15453 1,127.77 1.71 100.00 251.85 582.51 662.79 898.61 462.26 553.87 PS-UD 1.47 HORSE CREEK COM PsUD 3 - 15344 1,127.44 1.70 100.00 251.79 582.36 662.63 898.39 462.07 553.87 PS-UD 1.47 HORSE CREEK COM PsUD 5 - 15346 1,125.78 1.65 100.00 251.49 581.66 661.83 897.31 461.15 553.87 PS-UD 1.47 HORSE CREEK COM PsUD 6 - 15459 1,125.48 1.65 100.00 251.43 581.54 661.69 897.12 460.99 553.87 PS-UD 1.47 HORSE CREEK COM PsUD 7 - 15348 976.49 11.26 100.00 229.58 530.99 618.55 819.13 460.50 531.67 PS-UD 1.37 ISLER FEE PsUD 2 - 14427 1,350.92 3.20 100.00 305.87 707.45 804.95 1,091.35 572.47 680.35 PS-UD 1.79 JESS FED PsUD 1 - 14555 2,597.90 34.44 100.00 420.31 972.13 1,616.07 1,499.67 806.18 683.80 PS-UD 3.59 JILL FED PsUD 1 - 14246 2,597.38 34.06 100.00 420.22 971.92 1,615.72 1,499.34 805.81 683.80 PS-UD 3.59 JILL FED PsUD 2 - 14247 2,595.56 32.76 100.00 419.90 971.18 1,614.50 1,498.20 804.53 683.80 PS-UD 3.59 LEEMAN PsUD 2 - 14205 2,595.04 32.41 100.00 419.81 970.97 1,614.15 1,497.88 804.16 683.80 PS-UD 3.59 LEEMAN PsUD 3 - 14206 2,593.15 31.17 100.00 419.48 970.22 1,612.89 1,496.71 802.86 683.80 PS-UD 3.58 LEEMAN PsUD 7 - 14232 2,592.60 30.82 100.00 419.39 970.00 1,612.52 1,496.37 802.49 683.80 PS-UD 3.58 LEEMAN PsUD 8 - 14233 2,590.69 29.66 100.00 419.06 969.23 1,611.25 1,495.19 801.19 683.80 PS-UD 3.58 LEEMAN PsUD 9 - 14234 1,175.63 1.59 100.00 252.57 584.16 664.67 901.16 455.57 518.79 PS-UD 1.48 LILLIE RB FED PsUD 1 - 15506 1,173.72 1.55 100.00 252.23 583.39 663.79 899.96 454.63 518.79 PS-UD 1.48 LILLIE RB FED PsUD 2 - 15507 1,298.56 4.72 100.00 214.29 495.63 823.94 764.59 403.21 382.40 PS-UD 1.83 LISA FED PsUD 6 - 14338 3,086.77 37.16 100.00 480.06 1,110.32 1,845.80 1,712.84 898.39 683.80 PS-UD 4.10 LORETTA BBO STATE COM PsUD 2 - 15241 3,084.37 35.73 100.00 479.67 1,109.42 1,844.29 1,711.45 896.98 683.80 PS-UD 4.10 LORETTA BBO STATE COM PsUD 3 - 14190 1,573.31 4.97 100.00 338.89 783.82 891.84 1,209.16 627.70 683.80 PS-UD 1.98 LUTHER BBN FED COM PsUD 1 - 13861 1,479.76 4.47 100.00 325.46 752.76 856.51 1,161.25 606.97 683.80 PS-UD 1.90 MARGARET RQ STATE PsUD 3 - 13821 1,479.46 4.44 100.00 325.41 752.63 856.35 1,161.04 606.76 683.80 PS-UD 1.90 MARGARET RQ STATE PsUD 4 - 13822 1,478.02 4.32 100.00 325.12 751.96 855.60 1,160.02 605.76 683.80 PS-UD 1.90 MARGARET RQ STATE PsUD 5 - 13823 1,477.77 4.30 100.00 325.07 751.85 855.46 1,159.84 605.58 683.80 PS-UD 1.90 MARGARET RQ STATE PsUD 7 - 13825 31

Lease Name Life (years) Helium (MMcf) Gas (MMcf) Gas (M$) Helium (M$) Other (M$) Expense & Tax (M$) Invest. (M$) Non-Disc. (M$) Cash Flow Net Reserves Net Revenue Project Name : As of Date: 7/1/2023 Economic One-Liners Reserve Category NEW ERA HELIUM CORP. Disc. CF (M$) Risked / UnRisked MKM ENGINEERING TABLE 10 1,118.24 1.77 100.00 258.60 598.12 680.55 922.69 481.38 601.74 PS-UD 1.51 MCCLELLANN MB PsUD 4 - 13874 2,563.34 18.96 100.00 414.19 957.97 1,592.54 1,477.83 783.95 681.04 PS-UD 3.54 MCKAY-HARVEY FED PsUD 1 - 15296 2,562.62 18.70 100.00 414.07 957.71 1,592.09 1,477.41 783.55 681.04 PS-UD 3.54 MCKAY-HARVEY FED PsUD 10 - 15258 2,560.10 17.99 100.00 413.67 956.77 1,590.54 1,475.97 782.13 681.04 PS-UD 3.53 MCKAY-HARVEY FED PsUD 11 - 15256 2,559.38 17.80 100.00 413.55 956.50 1,590.09 1,475.56 781.73 681.04 PS-UD 3.53 MCKAY-HARVEY FED PsUD 12 - 15257 2,556.75 17.16 100.00 413.14 955.54 1,588.48 1,474.06 780.29 681.04 PS-UD 3.53 MCKAY-HARVEY FED PsUD 12 - 14275.5 2,555.99 16.97 100.00 413.01 955.26 1,588.02 1,473.63 779.87 681.04 PS-UD 3.53 MCKAY-HARVEY FED PsUD 4 - 14272 2,553.34 16.33 100.00 412.59 954.28 1,586.40 1,472.13 778.43 681.04 PS-UD 3.53 MCKAY-HARVEY FED PsUD 5 - 14273 2,552.58 16.11 100.00 412.47 954.00 1,585.93 1,471.70 778.02 681.04 PS-UD 3.52 MCKAY-HARVEY FED PsUD 9 - 15255 1,361.03 2.44 100.00 292.79 677.19 770.52 1,044.68 533.04 598.33 PS-UD 1.71 MIKE HARVEY TR FED PsUD 2 - 15467 1,360.29 2.41 100.00 292.66 676.88 770.17 1,044.20 532.64 598.33 PS-UD 1.71 MIKE HARVEY TR FED PsUD 3 - 15306 1,358.79 2.36 100.00 292.39 676.26 769.46 1,043.23 531.84 598.33 PS-UD 1.71 MIKE HARVEY TR FED PsUD 4 - 15307 2,587.56 27.90 100.00 418.52 968.00 1,609.20 1,493.29 799.12 683.80 PS-UD 3.58 MM FED PsUD 12 - 14268 2,585.54 26.85 100.00 418.18 967.20 1,607.87 1,492.06 797.79 683.80 PS-UD 3.57 MM FED PsUD 5 - 14261 2,584.96 26.56 100.00 418.08 966.97 1,607.50 1,491.71 797.42 683.80 PS-UD 3.57 MM FED PsUD 6 - 14262 2,582.85 25.54 100.00 417.73 966.15 1,606.13 1,490.44 796.07 683.80 PS-UD 3.57 MM FED PsUD 7 - 14263 2,939.36 30.12 100.00 461.56 1,067.53 1,774.65 1,646.83 865.85 683.80 PS-UD 3.94 MOUNTAIN VR FED COM PsUD 4 - 14170 1,225.11 2.14 100.00 279.84 647.24 736.44 998.47 520.25 636.79 PS-UD 1.64 O'CONNELL VX FED PsUD 2 - 14502 1,531.22 4.44 100.00 332.65 769.38 875.42 1,186.90 616.68 683.80 PS-UD 1.95 PAULETTE PV STATE PsUD 2 - 13871 1,530.92 4.42 100.00 332.59 769.25 875.27 1,186.69 616.48 683.80 PS-UD 1.95 PAULETTE PV STATE PsUD 4 - 13873 2,522.81 15.35 100.00 408.00 943.67 1,568.75 1,455.75 769.25 676.11 PS-UD 3.49 PENJACK FED PsUD 3 - 14282 687.88 0.71 100.00 153.00 353.87 402.64 545.90 276.73 337.80 PS-UD 0.89 PLAINS QN COM PsUD 1 - 15510 847.70 1.01 100.00 185.45 428.92 488.03 661.68 335.27 395.66 PS-UD 1.08 PLAINS QN COM PsUD 8 - 15402 1,041.04 1.32 100.00 228.29 528.00 600.77 814.52 413.83 488.43 PS-UD 1.34 POWERS OL FED PsUD 11 - 15385 1,040.74 1.31 100.00 228.23 527.88 600.63 814.33 413.67 488.43 PS-UD 1.33 POWERS OL FED PsUD 12 - 15386 1,039.01 1.27 100.00 227.93 527.17 599.83 813.24 412.81 488.43 PS-UD 1.33 POWERS OL FED PsUD 2 - 15374 1,221.59 2.00 100.00 266.35 616.05 700.95 950.35 485.89 559.86 PS-UD 1.56 RED ROCK FED PsUD 4 - 15471 1,219.85 1.94 100.00 266.04 615.32 700.12 949.23 484.96 559.86 PS-UD 1.56 RED ROCK FED PsUD 5 - 15472 1,587.30 4.59 100.00 340.61 787.79 896.36 1,215.29 628.35 683.80 PS-UD 1.99 REDMAN OY STATE PsUD 10 - 13835 1,586.65 4.54 100.00 340.49 787.50 896.04 1,214.85 627.94 683.80 PS-UD 1.99 REDMAN OY STATE PsUD 9 - 13834 2,618.60 14.41 100.00 408.72 945.32 1,571.50 1,458.31 754.65 601.89 PS-UD 3.49 RIVER BRIDGE UX STATE PsUD 1 - 15276 2,615.45 13.86 100.00 408.25 944.23 1,569.69 1,456.63 753.22 601.89 PS-UD 3.49 RIVER BRIDGE UX STATE PsUD 6 - 14310 2,614.54 13.71 100.00 408.11 943.92 1,569.17 1,456.14 752.80 601.89 PS-UD 3.49 RIVER BRIDGE UX STATE PsUD 7 - 14311 1,139.85 1.75 100.00 260.99 603.64 686.83 931.21 483.50 598.33 PS-UD 1.53 ROSE FED PsUD 14 - 15311 2,397.91 11.44 100.00 376.68 871.21 1,448.30 1,343.98 695.74 569.83 PS-UD 3.22 SAHARA ZY COM PsUD 1 - 14322 32

Lease Name Life (years) Helium (MMcf) Gas (MMcf) Gas (M$) Helium (M$) Other (M$) Expense & Tax (M$) Invest. (M$) Non-Disc. (M$) Cash Flow Net Reserves Net Revenue Project Name : As of Date: 7/1/2023 Economic One-Liners Reserve Category NEW ERA HELIUM CORP. Disc. CF (M$) Risked / UnRisked MKM ENGINEERING TABLE 10 2,462.97 11.78 100.00 383.38 886.72 1,474.08 1,367.90 704.80 560.93 PS-UD 3.28 SAJARA ZY COM PsUD 1 - 15277 2,459.82 11.33 100.00 382.92 885.64 1,472.29 1,366.24 703.42 560.93 PS-UD 3.27 SAJARA ZY COM PsUD 2 - 15278 2,458.92 11.21 100.00 382.78 885.33 1,471.78 1,365.76 703.03 560.93 PS-UD 3.27 SAJARA ZY COM PsUD 3 - 15279 2,811.20 27.05 100.00 445.67 1,030.78 1,713.56 1,590.14 839.48 683.80 PS-UD 3.81 SELDEN BDN COM PsUD 1 - 15252 2,811.87 27.34 100.00 445.78 1,031.03 1,713.99 1,590.53 839.87 683.80 PS-UD 3.81 SELDEN BDN COM PsUD 1 - 14199 2,499.43 15.63 100.00 394.49 912.40 1,516.78 1,407.53 734.68 602.61 PS-UD 3.37 SELDEN BDN COM PsUD 15 - 14305 2,611.37 13.19 100.00 407.64 942.82 1,567.35 1,454.45 751.36 601.89 PS-UD 3.48 SELDEN BDN COM PsUD 16 - 14317 2,610.46 13.05 100.00 407.50 942.51 1,566.82 1,453.97 750.95 601.89 PS-UD 3.48 SELDEN BDN COM PsUD 17 - 15275 2,808.76 26.01 100.00 445.27 1,029.86 1,712.04 1,588.72 838.07 683.80 PS-UD 3.80 SELDEN BDN COM PsUD 2 - 14200 2,808.05 25.72 100.00 445.16 1,029.60 1,711.60 1,588.32 837.67 683.80 PS-UD 3.80 SELDEN BDN COM PsUD 3 - 14201 2,496.67 15.04 100.00 394.07 911.43 1,515.16 1,406.02 733.32 602.61 PS-UD 3.37 SELDEN BDN COM PsUD 3 - 15273 2,805.56 24.74 100.00 444.76 1,028.67 1,710.06 1,586.88 836.25 683.80 PS-UD 3.80 SELDEN BDN COM PsUD 4 - 14202 2,804.85 24.48 100.00 444.64 1,028.41 1,709.62 1,586.48 835.85 683.80 PS-UD 3.80 SELDEN BDN COM PsUD 5 - 14203 1,123.79 1.60 100.00 251.13 580.83 660.88 896.02 460.07 553.87 PS-UD 1.47 SMERNOFF NL STATE COM PsUD 3 - 15496 730.20 0.78 100.00 162.39 375.58 427.35 579.40 294.06 358.07 PS-UD 0.95 SMERNOFF NL STATE PsUD 1 - 15420 729.94 0.77 100.00 162.34 375.48 427.23 579.24 293.94 358.07 PS-UD 0.95 SMERNOFF NL STATE PUD 2 - 15421 1,585.33 4.44 100.00 340.23 786.92 895.37 1,213.95 627.11 683.80 PS-UD 1.99 SPRINGER TK STATE COM PsUD 10 - 15443 1,584.73 4.39 100.00 340.12 786.65 895.06 1,213.53 626.71 683.80 PS-UD 1.99 SPRINGER TK STATE COM PsUD 11 - 15444 1,566.97 4.22 100.00 337.51 780.61 888.20 1,204.22 622.25 683.80 PS-UD 1.97 SPRINGER TK STATE COM PUD 10 - 15440 1,313.24 19.43 100.00 303.09 701.01 816.61 1,081.42 607.30 678.50 PS-UD 1.81 STEWART FED PsUD 2 - 14376 1,312.69 18.58 100.00 302.89 700.54 816.07 1,080.69 606.11 678.50 PS-UD 1.81 STEWART FED PsUD 5 - 14379 2,487.26 14.81 100.00 392.88 908.69 1,510.61 1,401.80 731.24 602.61 PS-UD 3.36 SUMMERS COM PsUD 15 - 14293 2,776.15 23.24 100.00 441.01 1,020.02 1,695.67 1,573.54 829.28 683.80 PS-UD 3.77 SUMMERS COM PsUD 18 - 15247 2,484.42 14.24 100.00 392.45 907.69 1,508.94 1,400.26 729.86 602.61 PS-UD 3.35 SUMMERS COM PsUD 19 - 15267 2,775.40 22.99 100.00 440.90 1,019.74 1,695.22 1,573.11 828.87 683.80 PS-UD 3.77 SUMMERS COM PsUD 2 - 14193 2,483.60 14.08 100.00 392.32 907.40 1,508.46 1,399.81 729.46 602.61 PS-UD 3.35 SUMMERS COM PsUD 21 - 15269 2,025.20 8.38 100.00 317.65 734.70 1,221.36 1,133.39 584.50 479.75 PS-UD 2.71 SUMMERS COM PsUD 24 - 15280 2,024.41 8.29 100.00 317.54 734.43 1,220.92 1,132.97 584.16 479.75 PS-UD 2.71 SUMMERS COM PsUD 26 - 15282 2,772.83 22.12 100.00 440.48 1,018.79 1,693.63 1,571.64 827.44 683.80 PS-UD 3.76 SUMMERS COM PsUD 3 - 14194 2,772.09 21.88 100.00 440.37 1,018.52 1,693.18 1,571.22 827.03 683.80 PS-UD 3.76 SUMMERS COM PsUD 5 - 15246 2,480.73 13.55 100.00 391.89 906.39 1,506.78 1,398.25 728.09 602.61 PS-UD 3.35 SUMMERS COM PsUD 9 - 14177 1,326.27 4.91 100.00 210.36 486.54 808.82 750.56 388.30 331.35 PS-UD 1.80 SUZANNE FED PsUD 1 - 14353 1,525.59 4.02 100.00 331.56 766.86 872.54 1,183.00 613.01 683.80 PS-UD 1.94 TECKLA MD FED PsUD 4 - 14523.5 718.91 0.76 100.00 166.98 386.20 439.43 595.77 306.82 395.66 PS-UD 0.98 TROUT FED COM PsUD 3 - 15487 724.99 0.76 100.00 166.70 385.57 438.71 594.80 305.17 388.91 PS-UD 0.97 TROUT FED COM PsUD 3 - 15484 33

Lease Name Life (years) Helium (MMcf) Gas (MMcf) Gas (M$) Helium (M$) Other (M$) Expense & Tax (M$) Invest. (M$) Non-Disc. (M$) Cash Flow Net Reserves Net Revenue Project Name : As of Date: 7/1/2023 Economic One-Liners Reserve Category NEW ERA HELIUM CORP. Disc. CF (M$) Risked / UnRisked MKM ENGINEERING TABLE 10 717.88 0.74 100.00 166.79 385.77 438.94 595.11 306.28 395.66 PS-UD 0.98 TROUT FED COM PsUD 5 - 15407 1,262.13 4.73 100.00 203.13 469.81 781.02 724.76 377.81 335.65 PS-UD 1.74 TYRELL FED COM PsUD 2 - 14340 1,061.55 12.52 100.00 252.31 583.57 679.80 900.24 508.77 593.29 PS-UD 1.51 VANCE FED PsUD 1 - 15231 1,061.12 12.05 100.00 252.15 583.20 679.38 899.68 507.86 593.29 PS-UD 1.51 VANCE FED PsUD 2 - 15232 1,470.22 26.10 100.00 326.59 755.37 879.94 1,165.28 646.57 683.80 PS-UD 1.96 WHEELER AEE FED PsUD 6 - 15206 1,470.15 25.96 100.00 326.57 755.31 879.87 1,165.19 646.42 683.80 PS-UD 1.96 WHEELER AFE FED PsUD 10 - 14371 1,469.62 24.96 100.00 326.38 754.88 879.37 1,164.53 645.36 683.80 PS-UD 1.95 WHEELER AFE FED PsUD 12 - 15221 1,469.47 24.69 100.00 326.33 754.76 879.23 1,164.34 645.06 683.80 PS-UD 1.95 WHEELER AFE FED PsUD 7 - 14368 1,468.92 23.75 100.00 326.14 754.33 878.72 1,163.67 644.00 683.80 PS-UD 1.95 WHEELER AFE FED PsUD 9 - 14370 3,608.90 473,799.99 146,147.59 158,327.61 197,773.33 305,096.47 275,405.40 85,509.41 Total 100.00 612.01 Possible Rsv Class 3,608.90 473,799.99 146,147.59 158,327.61 197,773.33 305,096.47 275,405.40 85,509.41 Total 100.00 612.01 Grand Total 138,832.63 1,564,798.74 487,487.17 589,353.78 686,160.26 1,041,988.06 913,491.38 291,952.13 Total 100.00 2,029.98 34

GROSS ULTIMATE, REMAINING AND CUMULATIVE RESERVES and EVALUATED INTERESTS TABLE 11 As of 07/01/2023 Reserve Ultimate Oil Ultimate Gas Rem Oil Rem Gas Cum Oil Cum Gas Working Interest Revenue Interest Lease Name Category (MBbls) (MMcf) (MBbls) (MMcf) (MBbls) (MMcf) Decimal Decimal Proved Reserve Class Producing Reserve Category *STEVENS PUDCO #1 P-DP 0.00 200.08 0.00 175.99 0.000 24.09 0.00670000 0.00536000 ABO VT FEDERAL 001 P-DP 0.00 1,272.67 0.00 381.88 0.000 890.79 1.00000000 0.78124960 ADELL UJ FEDERAL COM 001 - 001 P-DP 0.00 853.42 0.00 268.98 0.000 584.44 1.00000000 0.82187500 ALKALI FEDERAL 001 - 001 P-DP 0.17 484.20 0.00 55.69 0.166 428.51 0.99400000 0.76806750 ALKALI FEDERAL 003 - 003 P-DP 0.16 562.33 0.00 59.22 0.155 503.11 0.99400000 0.76806750 ALKALI FEDERAL 008 - 008 P-DP 0.01 154.12 0.00 38.40 0.010 115.72 0.99200000 0.76659000 ALKALI FEDERAL 009 - 009 P-DP 0.04 287.97 0.00 51.20 0.039 236.77 0.99200000 0.76659000 ALKALI FEDERAL COM 002 - 002 P-DP 0.13 579.54 0.00 44.88 0.134 534.66 0.99250000 0.76691250 ALKALI FEDERAL COM 006 - 006 P-DP 0.30 949.43 0.00 147.80 0.297 801.63 0.99400000 0.76806750 ALKALI FEDERAL COM 011 - 011 P-DP 0.00 386.97 0.00 61.65 0.000 325.32 0.99250000 0.76691250 ANDREW UU 001 - 001 P-DP 0.00 42.97 0.00 0.00 0.000 42.97 1.00000000 0.79687520 ATKINS 001 - 001 P-DP 0.00 808.41 0.00 181.49 0.004 626.92 0.47343750 0.38361329 BEARD FEDERAL 001 - 001 P-DP 0.00 20.13 0.00 0.00 0.000 20.13 0.87500000 0.72342620 BEAVERS FEE #001 - 001 P-DP 0.00 1,053.14 0.00 154.84 0.000 898.30 1.00000000 0.75000000 BENEDICT FEDERAL COM 001 - 001 P-DP 0.03 344.54 0.00 57.42 0.027 287.12 0.75003120 0.62152030 BISHOP RY COM 001 - 001 P-DP 0.00 480.47 0.00 54.80 0.000 425.68 0.62500000 0.53906250 BITTER LAKE PX STATE - Lse Summary P-DP 0.00 1,052.90 0.00 0.00 0.000 1,052.90 1.00000000 0.87500000 BLYTHE SV 001 - 001 P-DP 0.00 582.80 0.00 129.76 0.000 453.04 0.97767870 0.81248880 BO FEDERAL #001 - 001 P-DP 0.00 259.50 0.00 36.99 0.000 222.51 1.00000000 0.75000000 BRADEN FEDERAL 001 - 001 P-DP 0.06 515.75 0.00 119.96 0.058 395.80 1.00000000 0.62500000 BURROGRASS ABG FEDERAL COM 001 - 001 P-DP 0.00 414.38 0.00 176.34 0.000 238.04 0.50000000 0.42000000 CAMACK FEDERAL 003 - 003 P-DP 0.03 426.86 0.00 71.65 0.029 355.21 0.99200000 0.78190250 CAMACK FEDERAL 010 - 010 P-DP 0.00 172.36 0.00 17.53 0.000 154.83 0.99000000 0.78036250 CAMACK FEDERAL COM 006 - 006 P-DP 0.11 492.04 0.00 60.10 0.113 431.93 0.51737493 0.40178120 CAMACK FEDERAL COM 007 - 007 P-DP 0.12 952.51 0.00 219.56 0.119 732.95 0.74217493 0.59754300 CAMACK FEDERAL COM 008 - 008 P-DP 0.12 1,010.01 0.00 138.46 0.118 871.55 1.00000000 0.76375000 CAMACK FEDERAL COM 009 - 009 P-DP 0.04 1,145.22 0.00 256.58 0.039 888.64 0.46598000 0.36588180 CANNON XF 001 - 001 P-DP 0.00 326.70 0.00 55.84 0.000 270.87 0.50000000 0.42000010 CAUDILL FEDERAL COM 001 - 001 P-DP 0.02 396.14 0.00 146.75 0.023 249.39 1.00000000 0.87500000 CAUDILL RZ 002 - 002 P-DP 0.68 2,227.49 0.00 97.61 0.683 2,129.88 0.97656251 0.85200640 CAUDILL RZ 003 - 003 P-DP 0.39 1,977.10 0.00 286.18 0.385 1,690.92 1.00000000 0.87500000 CAUDILL RZ 004 - 004 P-DP 0.34 2,013.28 0.00 98.20 0.336 1,915.08 0.87812501 0.76338710 CAUDILL RZ 005 - 005 P-DP 0.01 950.07 0.00 138.98 0.005 811.09 1.00000000 0.87500000 CAUDILL RZ COM 006 - 006 P-DP 0.00 162.32 0.00 10.95 0.000 151.37 1.00000000 0.87500000 CAUDILL RZ COM 007 - 007 P-DP 0.08 755.21 0.00 69.14 0.076 686.07 1.00000000 0.83267060 CHAVES A 17 FEDERAL COM #005 (17-5) - 005P-DP 0.00 278.04 0.00 145.98 0.000 132.07 0.97500000 0.73125000 CHAVES A FEDERAL #001 (21-1) (ABO) - 001 P-DP 0.00 1,015.71 0.00 70.34 0.000 945.37 1.00000000 0.75000000 CHAVES A FEDERAL #001 (21-1) (WFCMP) - 001P-DP 0.00 521.97 0.00 12.53 0.000 509.44 1.00000000 0.75000000 1

GROSS ULTIMATE, REMAINING AND CUMULATIVE RESERVES and EVALUATED INTERESTS TABLE 11 As of 07/01/2023 Reserve Ultimate Oil Ultimate Gas Rem Oil Rem Gas Cum Oil Cum Gas Working Interest Revenue Interest Lease Name Category (MBbls) (MMcf) (MBbls) (MMcf) (MBbls) (MMcf) Decimal Decimal CHAVES A FEDERAL #002 (17-2) - 002 P-DP 0.00 1,157.14 0.00 112.78 0.000 1,044.35 1.00000000 0.75000000 CHAVES A FEDERAL #003 (21-3) (ABO) - 003 P-DP 0.00 243.29 0.00 52.18 0.000 191.11 1.00000000 0.84500000 CHAVES A FEDERAL #003 (21-3) (PENN) - 003P-DP 0.10 478.00 0.00 20.25 0.102 457.75 1.00000000 0.84500000 CHAVES A FEDERAL #004 (21-4) - 004 P-DP 0.00 282.68 0.00 110.86 0.000 171.82 1.00000000 0.75000000 CHAVES A FEDERAL #006 (21-6) - 006 P-DP 0.00 308.83 0.00 154.19 0.000 154.64 0.97500000 0.73125000 CITIES UO FEDERAL 001 - 001 P-DP 0.00 416.39 0.00 121.29 0.000 295.10 1.00000000 0.87500000 CLEO ANC COM 001 - 001 P-DP 0.00 253.38 0.00 79.41 0.000 173.97 0.82197000 0.68660050 COBIE-EBEID FEDERAL 001 - 001 P-DP 0.07 646.45 0.00 67.87 0.074 578.58 0.69406250 0.48584375 COBIE-EBEID FEDERAL COM 002 - 002 P-DP 0.00 381.33 0.00 88.25 0.000 293.08 0.69781250 0.53208203 COBRA AXK STATE COM 001 - 001 P-DP 0.00 614.00 0.00 304.11 0.000 309.89 0.46598000 0.36588180 COBRA AXK STATE COM 002 - 002 P-DP 0.00 206.14 0.00 58.95 0.000 147.19 0.54580636 0.47185450 COMANCHE HILL 18 FED #001 - 001 P-DP 0.00 473.98 0.00 260.05 0.000 213.93 1.00000000 0.87500000 COMER 001 - 001 P-DP 0.03 328.44 0.00 46.28 0.026 282.16 0.99496000 0.77527360 COMER 002 - 002 P-DP 0.15 1,472.62 0.00 170.16 0.150 1,302.45 0.96346000 0.74609670 COMER 003 - 003 P-DP 0.04 401.35 0.00 97.38 0.043 303.97 0.99400000 0.76806750 COMER 004 - 004 P-DP 0.05 868.76 0.00 241.19 0.045 627.58 0.99496000 0.77527360 COYOTE DRAW FEDERAL #001 - 001 P-DP 0.00 216.68 0.00 54.93 0.000 161.75 1.00000000 0.75000000 COYOTE DRAW FEDERAL #002 - 002 P-DP 0.00 266.30 0.00 86.93 0.000 179.37 1.00000000 0.75000000 COYOTE DRAW FEDERAL #003 - 003 P-DP 0.00 534.63 0.00 108.12 0.000 426.51 0.75962382 0.63459152 COYOTE FEDERAL #001 - 001 P-DP 0.00 1,968.41 0.00 613.72 0.000 1,354.69 0.87500000 0.65625000 COYOTE FEDERAL #002 - 002 P-DP 0.00 170.74 0.00 38.68 0.000 132.06 1.00000000 0.75000000 COYOTE FEDERAL #003 - 003 P-DP 0.00 264.94 0.00 52.91 0.000 212.04 1.00000000 0.75000000 COYOTE FEDERAL #004Y - 004Y P-DP 0.00 256.03 0.00 11.16 0.000 244.88 0.87500000 0.65625000 COYOTE FEDERAL #005 - 005 P-DP 0.00 27.13 0.00 0.00 0.000 27.13 0.85000000 0.63750000 DALE FEDERAL 014 - 014 P-DP 0.00 1,278.62 0.00 22.92 0.000 1,255.70 0.71817683 0.48138681 DALE FEDERAL 014 - 014 P-DP 0.00 1,279.54 0.00 23.67 0.000 1,255.87 0.97005164 0.69886661 DANA FEDERAL #002 - 002 P-DP 0.00 495.70 0.00 157.46 0.000 338.25 1.00000000 0.75000000 DANA FEDERAL #003 - 003 P-DP 0.01 912.45 0.00 0.00 0.013 912.45 1.00000000 0.75000000 DANA FEDERAL #004 - 004 P-DP 0.00 235.18 0.00 0.00 0.000 235.18 1.00000000 0.75000000 DANA FEDERAL #005 - 005 P-DP 0.00 857.33 0.00 0.00 0.000 857.33 1.00000000 0.75000000 DANNA AYN STATE 001 - 001 P-DP 0.69 1,576.88 0.00 0.00 0.690 1,576.88 1.00000000 0.83333330 DEE OQ STATE 001 - 001 P-DP 1.06 2,436.41 0.00 166.42 1.061 2,269.99 1.00000000 0.84500003 DEE OQ STATE 002 - 002 P-DP 0.38 1,376.17 0.00 169.28 0.380 1,206.89 1.00000000 0.84500000 DEE OQ STATE 003 - 003 P-DP 0.17 1,101.00 0.00 243.61 0.166 857.39 1.00000000 0.84500000 DEE OQ STATE 005 - 005 P-DP 0.00 766.87 0.00 166.69 0.000 600.18 1.00000000 0.84500000 DEE OQ STATE 007 - 007 P-DP 0.00 475.16 0.00 216.53 0.000 258.63 1.00000000 0.84500000 DORIS FEDERAL 001 - 001 P-DP 0.52 1,567.41 0.00 274.91 0.516 1,292.51 0.99400000 0.61631000 DORIS FEDERAL 004 - 004 P-DP 0.05 217.80 0.00 0.00 0.047 217.80 0.99200000 0.61508000 DORIS RI FEDERAL 004 - 004 P-DP 0.00 99.09 0.00 25.56 0.000 73.52 0.93750000 0.76718750 EAKIN AFB COM 001 - 001 P-DP 0.00 253.76 0.00 82.03 0.000 171.73 1.00000000 0.84875000 2

GROSS ULTIMATE, REMAINING AND CUMULATIVE RESERVES and EVALUATED INTERESTS TABLE 11 As of 07/01/2023 Reserve Ultimate Oil Ultimate Gas Rem Oil Rem Gas Cum Oil Cum Gas Working Interest Revenue Interest Lease Name Category (MBbls) (MMcf) (MBbls) (MMcf) (MBbls) (MMcf) Decimal Decimal EDMONDSON FEDERAL 002 - 002 P-DP 0.00 1,117.90 0.00 181.37 0.000 936.53 0.34019105 0.29766662 EDMONDSON FEDERAL 003 - 003 P-DP 0.00 2,376.14 0.00 309.35 0.000 2,066.79 0.38878906 0.29159180 EVERETTE OO FEDERAL 003 - 003 P-DP 0.00 207.15 0.00 12.24 0.000 194.92 1.00000000 0.84500000 EVERETTE OO FEDERAL 005 - 005 P-DP 0.00 794.09 0.00 147.55 0.000 646.54 1.00000000 0.84500000 EVERETTE OO FEDERAL 007 - 007 P-DP 0.18 1,330.33 0.00 106.48 0.183 1,223.85 1.00000000 0.84500000 FEDERAL IX 001 - 001 P-DP 0.00 521.20 0.00 51.14 0.000 470.06 0.12500000 0.10937500 FEDERAL IX 002 - 002 P-DP 0.16 1,460.82 0.00 283.21 0.155 1,177.60 0.12500000 0.10937500 FINCH FEE #001 - 001 P-DP 0.00 851.12 0.00 143.41 0.000 707.71 0.72000000 0.56250000 FOREMAN FEDERAL 001 - 001 P-DP 0.08 1,097.17 0.00 155.28 0.081 941.89 0.99896000 0.78027360 FOREMAN FEDERAL 002 - 002 P-DP 0.05 327.24 0.00 36.45 0.048 290.79 0.99200000 0.64030850 FOREMAN FEDERAL COM 003 - 003 P-DP 0.04 275.19 0.00 36.27 0.044 238.92 0.99400020 0.77181750 FOREMAN FEDERAL COM 004 - 004 P-DP 0.06 289.62 0.00 34.49 0.064 255.13 0.99496000 0.78027360 GENEVA UI 003 - 003 P-DP 0.00 1,066.54 0.00 312.60 0.000 753.95 0.75000000 0.63000000 GENEVA UI COM 001 - 001 P-DP 0.00 1,190.86 0.00 171.79 0.000 1,019.07 0.63750000 0.53848950 GENEVA UI COM 002 - 002 P-DP 0.00 1,786.12 0.00 388.48 0.000 1,397.64 1.00000000 0.83750000 GETTY GC FEDERAL COM 001 - 001 P-DP 0.14 867.56 0.00 78.48 0.144 789.08 0.76533469 0.66434880 GETTY GC FEDERAL COM 002 - 002 P-DP 0.02 370.70 0.00 55.87 0.018 314.83 0.76562499 0.66460940 GETTY PS 17 002 - 002 P-DP 0.00 482.79 0.00 120.96 0.000 361.83 0.80078125 0.66186530 GETTY PS 17 FEDERAL COM 001 - 001 P-DP 0.13 724.43 0.00 64.68 0.132 659.75 0.85937500 0.72402340 GETTY PS 18 FEDERAL 001 - 001 P-DP 0.04 471.93 0.00 98.77 0.044 373.16 1.00000000 0.87500000 GETTY PS 18 FEDERAL 002 - 002 P-DP 0.03 553.26 0.00 52.77 0.026 500.50 1.00000000 0.87500000 GETTY PS 18 FEDERAL 005 - 005 P-DP 0.00 163.69 0.00 30.68 0.000 133.01 1.00000000 0.87500000 GETTY PS 18 FEDERAL COM 003 - 003 P-DP 0.00 518.28 0.00 66.77 0.000 451.51 1.00000000 0.87500000 GETTY PS 7 FEDERAL 001 - 001 P-DP 0.09 1,059.62 0.00 120.23 0.087 939.39 1.00000000 0.87500000 GETTY PS 7 FEDERAL 002 - 002 P-DP 0.22 1,294.01 0.00 142.69 0.222 1,151.32 1.00000000 0.87500000 GLOBE MN FEDERAL 003 P-DP 0.00 573.82 0.00 154.18 0.000 419.65 1.00000000 0.86001600 GLOBE MN FEDERAL COM 004 - 004 P-DP 0.00 509.57 0.00 118.79 0.000 390.78 0.99441964 0.82374720 GRAFA RW FEDERAL 001 - 001 P-DP 0.00 371.31 0.00 71.21 0.000 300.10 1.00000000 0.82500000 GRAFA RW FEDERAL 002 - 002 P-DP 0.24 1,304.38 0.00 112.21 0.239 1,192.17 0.75000000 0.60625000 GRAFA RW FEDERAL 004 - 004 P-DP 0.00 281.75 0.00 141.14 0.000 140.61 0.71428571 0.57500000 GRYNBERG LZ STATE 001 - 001 P-DP 0.59 1,577.11 0.00 94.95 0.590 1,482.16 0.50000000 0.41250000 GRYNBERG LZ STATE 003 - 003 P-DP 0.35 1,746.17 0.00 109.04 0.348 1,637.12 0.50000000 0.41250000 GRYNBERG LZ STATE 004 - 004 P-DP 0.19 1,656.46 0.00 128.46 0.185 1,528.00 0.50000000 0.41250000 GRYNBERG LZ STATE 005 - 005 P-DP 0.00 369.04 0.00 222.98 0.000 146.06 0.50000000 0.41250000 GRYNBERG LZ STATE 006 - 006 P-DP 0.00 316.08 0.00 135.59 0.000 180.49 0.50000000 0.41250000 GRYNBERG LZ STATE 007 <ABO> - 007 P-DP 0.06 259.09 0.00 10.76 0.060 248.32 0.50000000 0.41250000 GRYNBERG LZ STATE 008 - 008 P-DP 0.00 448.59 0.00 156.19 0.000 292.40 0.50000000 0.41250000 GYP MO FEDERAL 001 - 001 P-DP 0.30 1,407.54 0.00 98.47 0.298 1,309.07 0.62500000 0.53125000 GYP MO FEDERAL 002 - 002 P-DP 0.00 436.79 0.00 163.47 0.000 273.32 0.75000000 0.62500000 HANAGAN A FEDERAL 002 - 002 P-DP 0.00 499.89 0.00 104.82 0.000 395.08 0.95087109 0.75429631 3

GROSS ULTIMATE, REMAINING AND CUMULATIVE RESERVES and EVALUATED INTERESTS TABLE 11 As of 07/01/2023 Reserve Ultimate Oil Ultimate Gas Rem Oil Rem Gas Cum Oil Cum Gas Working Interest Revenue Interest Lease Name Category (MBbls) (MMcf) (MBbls) (MMcf) (MBbls) (MMcf) Decimal Decimal HANAGAN FED 001 - 001 P-DP 0.02 552.34 0.00 66.93 0.024 485.41 0.68636197 0.54178736 HANAGAN FED 002 - 002 P-DP 0.03 884.22 0.00 99.55 0.032 784.67 0.68636197 0.54178749 HANAGAN FED 004 - 004 P-DP 0.00 1,031.62 0.00 217.27 0.000 814.35 0.96151822 0.75898515 HANCOCK AHC 001 - 001 P-DP 0.00 168.33 0.00 18.10 0.000 150.23 1.00000000 0.81250000 HARGROVE AFH 001 - 001 P-DP 0.00 1,721.94 0.00 554.96 0.000 1,166.99 1.00000000 0.81250000 HELEN COLLINS FEDERAL 004 - 004 P-DP 0.75 1,013.64 0.00 42.31 0.747 971.33 0.93037500 0.74430000 HELEN COLLINS FEDERAL 005 - 005 P-DP 0.29 7,650.89 0.00 2,049.42 0.287 5,601.47 0.93037500 0.74430000 HELEN COLLINS FEDERAL 006 - 006 P-DP 0.14 837.88 0.00 116.89 0.142 720.99 0.93037500 0.74430000 HELEN COLLINS FEDERAL 007 - 007 P-DP 0.00 148.86 0.00 53.54 0.000 95.32 0.93037500 0.74430000 HELEN COLLINS FEDERAL COM 001 - 001 P-DP 0.00 588.59 0.00 96.89 0.000 491.70 0.82995399 0.66111161 HELEN FEDERAL COM 001 - 001 P-DP 0.03 540.81 0.00 10.92 0.034 529.89 0.67122899 0.52724275 HOBBS FEDERAL 001 - 001 P-DP 0.05 322.84 0.00 61.89 0.048 260.95 0.99600000 0.76623750 HOBBS FEDERAL 002 - 002 P-DP 0.09 456.53 0.00 65.62 0.094 390.91 0.99400000 0.76806750 HOBBS FEDERAL 003 - 003 P-DP 0.00 196.43 0.00 54.18 0.000 142.25 0.99600000 0.76623750 HORSE CREEK COM 001 - 001 P-DP 0.03 216.85 0.00 0.00 0.026 216.85 0.99517856 0.77171750 HUGGINS FEDERAL 001 - 001 P-DP 0.08 905.52 0.00 114.33 0.083 791.19 0.99200000 0.77690250 IRWIN FEDERAL 001 - 001 P-DP 0.02 366.73 0.00 90.57 0.023 276.16 0.87808183 0.63260877 ISLER FEE 002 - 002 P-DP 0.00 483.98 0.00 134.50 0.000 349.48 0.77752850 0.58264638 JAMIE COM 001 - 001 P-DP 0.07 810.48 0.00 138.14 0.068 672.34 0.99517774 0.77895082 JAMIE COM 002 - 002 P-DP 0.00 156.34 0.00 52.34 0.000 104.00 0.99400000 0.76806750 JESS FEDERAL 001 - 001 P-DP 0.40 1,370.68 0.00 199.34 0.397 1,171.34 0.99496000 0.78027360 JESS FEDERAL 002 - 002 P-DP 0.02 129.85 0.00 24.66 0.019 105.18 0.99496000 0.78027360 JILL FEDERAL #001 - 001 P-DP 0.00 343.64 0.00 0.00 0.000 343.64 1.00000000 0.75000000 JJ 1 FEDERAL COM #004 - 004 P-DP 0.00 292.12 0.00 53.46 0.000 238.66 0.59945372 0.45000000 JJ FEDERAL #001 - 001 P-DP 0.00 534.13 0.00 296.96 0.000 237.17 1.00000000 0.75000000 JJ FEDERAL #002 - 002 P-DP 0.00 774.64 0.00 32.89 0.000 741.75 0.62443096 0.46875000 JJ FEDERAL #003 - 003 P-DP 0.00 381.92 0.00 32.24 0.000 349.68 0.87063232 0.65710837 KISNER TB FEDERAL 001 - 001 P-DP 0.13 821.57 0.00 124.14 0.125 697.42 1.00000000 0.82500000 KUYKENDALL OP COM 001 - 001 P-DP 0.71 1,428.86 0.00 19.61 0.710 1,409.24 1.00000000 0.87500000 LANGLEY RJ FEDERAL 001 - 001 P-DP 0.09 582.14 0.00 35.88 0.090 546.26 1.00000000 0.82500000 LANGLEY RJ FEDERAL 002 - 002 P-DP 0.07 1,502.84 0.00 109.14 0.072 1,393.70 1.00000000 0.82500000 LANGLEY RJ FEDERAL 003 - 003 P-DP 0.00 856.91 0.00 215.49 0.000 641.42 1.00000000 0.82500000 LANGLEY RJ FEDERAL 004 - 004 P-DP 0.00 92.90 0.00 0.00 0.000 92.90 1.00000000 0.82500000 LAURALEA 001 - 001 P-DP 0.00 841.77 0.00 109.08 0.000 732.69 0.96916700 0.97555024 LAURALEA 002 - 002 P-DP 0.06 1,781.05 0.00 163.25 0.055 1,617.80 0.96916700 0.97555025 LAURALEA 003 - 003 P-DP 0.00 446.84 0.00 173.05 0.000 273.79 1.00000000 0.93312500 LEEMAN FEDERAL #001 - 001 P-DP 0.00 137.14 0.00 29.77 0.000 107.37 1.00000000 0.75000000 LEEMAN FEDERAL #002 - 002 P-DP 0.00 486.13 0.00 94.01 0.000 392.12 1.00000000 0.75000000 LEEMAN FEDERAL #005 - 005 P-DP 0.00 90.94 0.00 0.00 0.000 90.94 1.00000000 0.75000000 LILLIE RB FEDERAL 001 - 001 P-DP 0.00 262.38 0.00 18.04 0.000 244.34 1.00000000 0.87500000 4

GROSS ULTIMATE, REMAINING AND CUMULATIVE RESERVES and EVALUATED INTERESTS TABLE 11 As of 07/01/2023 Reserve Ultimate Oil Ultimate Gas Rem Oil Rem Gas Cum Oil Cum Gas Working Interest Revenue Interest Lease Name Category (MBbls) (MMcf) (MBbls) (MMcf) (MBbls) (MMcf) Decimal Decimal LILLIE RB FEDERAL 002 - 002 P-DP 0.13 1,064.30 0.00 194.22 0.134 870.08 0.51737500 0.45053120 LISA FEDERAL #001 - 001 P-DP 0.00 702.33 0.00 72.11 0.000 630.21 0.55922873 0.39545871 LODEWICK FEDERAL 002 - 002 P-DP 0.05 511.79 0.00 84.85 0.048 426.93 0.99400000 0.76806750 LODEWICK FEDERAL 003 - 003 P-DP 0.10 623.08 0.00 103.56 0.104 519.51 0.99400000 0.76806750 LODEWICK FEDERAL COM 001 - 001 P-DP 0.07 660.59 0.00 170.06 0.068 490.53 0.98927662 0.77769330 LODEWICK FEDERAL COM 004 - 004 P-DP 0.01 112.74 0.00 13.30 0.014 99.44 0.99428568 0.79309990 LODEWICK FEDERAL COM 005 - 005 P-DP 0.17 897.93 0.00 169.09 0.167 728.83 0.50000000 0.38625000 LORETTA BBO STATE 001 - 001 P-DP 0.73 1,252.59 0.00 0.00 0.732 1,252.59 1.00000000 0.84373620 LORETTA BBO STATE COM 002 - 002 P-DP 0.04 129.35 0.00 0.00 0.044 129.35 1.00000000 0.87500000 LUKE FEDERAL COM #001 - 001 P-DP 0.00 307.39 0.00 243.66 0.000 63.73 0.55922874 0.39545871 MARGARET RQ STATE 001 - 001 P-DP 0.00 344.35 0.00 0.00 0.000 344.35 1.00000000 0.82500000 MARGARET RQ STATE 003 - 003 P-DP 0.00 709.35 0.00 197.82 0.000 511.53 1.00000000 0.82500000 MARGARET RQ STATE 005 - 005 P-DP 0.00 221.34 0.00 72.98 0.000 148.36 1.00000000 0.82500000 MC KAY-PENNZOIL 001 - 001 P-DP 0.00 729.23 0.00 82.90 0.000 646.34 0.32275700 0.22341150 MCCLELLAN MB FEDERAL 001 - 001 P-DP 0.67 2,252.00 0.00 117.90 0.673 2,134.11 0.50000000 0.41250000 MCCLELLAN MB FEDERAL 002 - 002 P-DP 0.21 899.17 0.00 180.69 0.207 718.49 0.50000000 0.41250000 MCCLELLAN MB FEDERAL 004 - 004 P-DP 0.00 396.16 0.00 62.83 0.000 333.33 0.50000000 0.41250000 MCCLELLAN MB FEDERAL 005 - 005 P-DP 0.00 770.91 0.00 199.31 0.000 571.60 0.50000000 0.41250000 MCCLELLAN MB FEDERAL 006 - 006 P-DP 0.00 412.17 0.00 114.01 0.000 298.16 0.50000000 0.41250000 MCCLELLAN MB FEDERAL 007 - 007 P-DP 0.00 864.42 0.00 200.76 0.000 663.66 0.50000000 0.41250000 MCCLELLAN MOC FEDERAL #001 - 001 P-DP 0.00 621.43 0.00 123.61 0.000 497.81 1.00000000 0.75000000 MCCLELLAN MOC FEDERAL #002 - 002 P-DP 0.00 452.50 0.00 108.03 0.001 344.48 1.00000000 0.75000000 MCCLELLAN MOC FEDERAL #003 - 003 P-DP 0.26 1,377.66 0.00 103.36 0.262 1,274.30 1.00000000 0.75000000 MCCLELLAN MOC FEDERAL #004 - 004 P-DP 0.04 566.98 0.00 132.99 0.043 433.99 1.00000000 0.75000000 MCCLELLAN MOC FEDERAL #005 - 005 P-DP 0.05 1,059.47 0.00 90.44 0.047 969.03 1.00000000 0.75000000 MCCLELLAN MOC FEDERAL #006 - 006 P-DP 0.12 766.61 0.00 117.73 0.118 648.88 1.00000000 0.75000000 MCCLELLAN MOC FEDERAL #007 - 007 P-DP 0.00 407.42 0.00 98.43 0.000 308.99 1.00000000 0.75000000 MCCLELLAN MOC FEDERAL #008 - 008 P-DP 0.00 252.15 0.00 83.24 0.000 168.90 0.71223022 0.56250000 MCCLELLAN MOC FEDERAL #009 - 009 P-DP 0.00 697.21 0.00 94.40 0.000 602.82 1.00000000 0.75000000 MCCLELLAN MOC FEDERAL #010 - 010 P-DP 0.00 788.63 0.00 89.54 0.000 699.09 1.00000000 0.75000000 MCCLELLAN MOC FEDERAL #011 - 011 P-DP 0.00 815.67 0.00 99.87 0.000 715.80 1.00000000 0.75000000 MCCLELLAN MOC FEDERAL #012 - 012 P-DP 0.00 614.55 0.00 94.67 0.000 519.89 1.00000000 0.75000000 MCCLELLAN MOC FEDERAL #014 - 014 P-DP 0.00 353.74 0.00 99.09 0.000 254.65 1.00000000 0.75000000 MCCLELLAN MOC FEDERAL #017 - 017 P-DP 0.00 348.91 0.00 84.48 0.000 264.42 1.00000000 0.75000000 MCCLELLAN MOC FEDERAL #018 - 018 P-DP 0.00 546.65 0.00 114.18 0.000 432.47 1.00000000 0.75000000 MCCLELLAN MOC FEDERAL #019 - 019 P-DP 0.00 420.64 0.00 116.98 0.000 303.66 1.00000000 0.75000000 MCCLELLAN MOC FEDERAL #020 - 020 P-DP 0.00 45.16 0.00 14.62 0.000 30.54 1.00000000 0.75000000 MCCLELLAN MOC FEDERAL #021 - 021 P-DP 0.00 186.88 0.00 101.01 0.000 85.87 1.00000000 0.75000000 MCCLELLAN MOC FEDERAL #022 - 022 P-DP 0.00 285.99 0.00 207.26 0.000 78.73 0.62261239 0.46874976 MCCREA FEE COM #001 - 001 P-DP 0.00 708.80 0.00 63.40 0.000 645.40 0.65546727 0.51643786 5

GROSS ULTIMATE, REMAINING AND CUMULATIVE RESERVES and EVALUATED INTERESTS TABLE 11 As of 07/01/2023 Reserve Ultimate Oil Ultimate Gas Rem Oil Rem Gas Cum Oil Cum Gas Working Interest Revenue Interest Lease Name Category (MBbls) (MMcf) (MBbls) (MMcf) (MBbls) (MMcf) Decimal Decimal MCCREA FEE COM #002 - 002 P-DP 0.00 322.74 0.00 72.22 0.000 250.51 0.55218105 0.42215767 MCKAY SAMEDAN 001 - 001 P-DP 0.00 354.90 0.00 18.82 0.000 336.08 0.93999650 0.70499738 MCKAY SAMEDAN 002 - 002 P-DP 0.00 1,317.02 0.00 0.00 0.000 1,317.02 0.93999650 0.70399733 MCKAY WINSTON C 001 - 001 P-DP 0.00 455.73 0.00 74.63 0.000 381.10 0.70789063 0.53098202 MCKAY-HARVEY FEDERAL 001 - 001 P-DP 0.00 356.67 0.00 44.95 0.000 311.72 0.99500000 0.74859375 MCKAY-HARVEY FEDERAL 002 - 002 P-DP 0.00 148.62 0.00 25.63 0.000 122.99 0.99636719 0.74901611 MCKAY-HARVEY FEDERAL 003 - 003 P-DP 0.00 139.42 0.00 47.52 0.000 91.90 0.99625000 0.74898454 MCKAY-HARVEY FEDERAL 004 - 004 P-DP 0.00 780.10 0.00 79.72 0.000 700.38 0.99625000 0.74898436 MICHAEL ERIC 001 - 001 P-DP 0.00 392.45 0.00 28.61 0.000 363.84 0.48961650 0.36938677 MICHAEL ERIC 002 - 002 P-DP 0.00 614.93 0.00 27.48 0.000 587.46 0.48961650 0.37388677 MIKE FEDERAL COM 001 - 001 P-DP 0.00 306.17 0.00 71.61 0.000 234.56 0.98281250 0.77792969 MIKE HARVEY TR FEDERAL 001 - 001 P-DP 0.13 1,014.20 0.00 56.54 0.125 957.67 0.75000000 0.65625000 MILLER 001 - 001 P-DP 0.11 901.43 0.00 91.66 0.107 809.76 0.82150000 0.70312500 MM 25 FEDERAL #012 - 012 P-DP 0.00 263.19 0.00 26.49 0.000 236.70 0.97500000 0.73125000 MM FEDERAL #001 - 001 P-DP 0.00 1,374.67 0.00 522.89 0.000 851.78 1.00000000 0.75000000 MM FEDERAL #004 - 004 P-DP 0.00 574.32 0.00 100.31 0.000 474.02 1.00000000 0.75000000 MM FEDERAL #005 - 005 P-DP 0.00 372.89 0.00 0.00 0.000 372.89 1.00000000 0.75000000 MM FEDERAL #006 - 006 P-DP 0.00 762.30 0.00 15.21 0.000 747.08 1.00000000 0.75000000 MM FEDERAL #007 - 007 P-DP 0.00 202.58 0.00 26.29 0.000 176.30 1.00000000 0.75000000 MM FEDERAL #008 - 008 P-DP 0.00 326.24 0.00 33.53 0.000 292.71 1.00000000 0.75000000 MM FEDERAL #009 - 009 P-DP 0.00 569.71 0.00 66.29 0.000 503.42 1.00000000 0.75000000 MM FEDERAL #011 - 011 P-DP 0.00 38.93 0.00 0.00 0.000 38.93 1.00000000 0.75000000 MM FEDERAL COM #010 - 010 P-DP 0.00 574.18 0.00 162.23 0.000 411.95 1.00000000 0.75000000 MONAGHAN QY FEDERAL 001 - 001 P-DP 0.14 646.19 0.00 10.27 0.137 635.92 1.00000000 0.82500000 MONAGHAN QY FEDERAL 002 - 002 P-DP 0.35 2,292.27 0.00 316.48 0.346 1,975.79 1.00000000 0.82500000 MONAGHAN QY FEDERAL 004 - 004 P-DP 0.00 615.08 0.00 102.84 0.000 512.24 1.00000000 0.82500000 MONAGHAN QY FEDERAL 005 - 005 P-DP 0.05 718.32 0.00 146.52 0.049 571.80 1.00000000 0.82500000 MONAGHAN QY FEDERAL 006 - 006 P-DP 0.52 1,997.05 0.00 288.57 0.521 1,708.49 1.00000000 0.82500000 MONAGHAN QY FEDERAL 008 - 008 P-DP 0.00 250.50 0.00 34.47 0.000 216.03 1.00000000 0.82500000 MONAGHAN QY FEDERAL 009 - 009 P-DP 0.00 287.78 0.00 8.36 0.000 279.42 1.00000000 0.82500000 MONAGHAN QY FEDERAL 010 - 010 P-DP 0.00 190.36 0.00 14.60 0.000 175.75 1.00000000 0.82500000 MONAGHAN QY FEDERAL 011 - 011 P-DP 0.00 1,442.13 0.00 91.57 0.000 1,350.56 1.00000000 0.82500000 MONAGHAN QY FEDERAL 012 - 012 P-DP 0.00 896.34 0.00 189.37 0.000 706.97 1.00000000 0.82500000 MONAGHAN QY FEDERAL 013 - 013 P-DP 0.00 410.15 0.00 78.61 0.000 331.55 1.00000000 0.82500000 MOUNTAIN VR FEDERAL COM. 001 - 001 P-DP 0.00 1,674.92 0.00 407.10 0.000 1,267.82 1.00000000 0.82890010 MOUNTAIN VR FEDERAL COM. 002 - 002 P-DP 0.00 392.81 0.00 115.18 0.000 277.63 1.00000000 0.80250000 NICHOLS DALE FEDERAL 005 - 005 P-DP 0.09 648.91 0.00 128.27 0.091 520.63 0.84539062 0.67631250 NICHOLS DALE FEDERAL 006 - 006 P-DP 0.07 1,551.65 0.00 357.20 0.066 1,194.45 0.84539062 0.67631250 NICHOLS DALE FEDERAL 007 - 007 P-DP 0.27 1,078.38 0.00 137.66 0.274 940.72 0.84539062 0.67631250 NICHOLS DALE FEDERAL COM 008 - 008 P-DP 0.00 220.34 0.00 45.34 0.000 175.00 0.84539062 0.67820040 6

GROSS ULTIMATE, REMAINING AND CUMULATIVE RESERVES and EVALUATED INTERESTS TABLE 11 As of 07/01/2023 Reserve Ultimate Oil Ultimate Gas Rem Oil Rem Gas Cum Oil Cum Gas Working Interest Revenue Interest Lease Name Category (MBbls) (MMcf) (MBbls) (MMcf) (MBbls) (MMcf) Decimal Decimal O'CONNELL FED COM 001 - 001 P-DP 0.04 261.74 0.00 54.78 0.039 206.97 0.81972668 0.62066111 O'CONNELL VX FEDERAL 001 - 001 P-DP 0.00 358.90 0.00 72.94 0.000 285.96 0.93125000 0.72187480 PATHFINDER - SAN ANDRES WELLS P-DP 219.35 82.19 0.00 0.00 219.354 82.19 1.00000000 0.75000000 PAUL HICKS FEDERAL 001 - 001 P-DP 0.03 1,911.90 0.00 281.83 0.030 1,630.07 0.90757812 0.63530468 PAULETTE PV STATE 002 - 002 P-DP 0.16 597.11 0.00 41.10 0.162 556.01 1.00000000 0.84500000 PAULETTE PV STATE 004 - 004 P-DP 0.06 782.25 0.00 166.52 0.058 615.74 1.00000000 0.84500000 PAULETTE PV STATE 005 - 005 P-DP 0.00 27.87 0.00 0.00 0.000 27.87 1.00000000 0.84500000 PECOS B FEDERAL 001 - 001 P-DP 0.00 500.30 0.00 106.04 0.000 394.26 0.94500000 0.70875000 PECOS FEDERAL 001 - 001 P-DP 0.00 858.52 0.00 19.84 0.000 838.68 1.00000000 0.75000000 PECOS FEDERAL 002 - 002 P-DP 0.00 1,866.02 0.00 382.78 0.000 1,483.24 1.00000000 0.75000000 PECOS RIVER FEDERAL #001 - 001 P-DP 0.00 92.85 0.00 0.00 0.000 92.85 1.00000000 0.75000000 PECOS STATE 16 #002 - 002 P-DP 0.00 672.35 0.00 104.51 0.000 567.85 0.81250012 0.60937460 PECOS STATE 16 #003 - 003 P-DP 0.00 1,218.73 0.00 0.00 0.000 1,218.73 0.81250012 0.60937460 PECOS STATE 16 #004 - 004 P-DP 0.00 763.56 0.00 122.85 0.000 640.71 0.81250012 0.60937460 PENJACK FEDERAL #001 - 001 P-DP 0.00 403.18 0.00 30.23 0.000 372.95 1.00000000 0.75000000 PENJACK FEDERAL #002 - 002 P-DP 0.00 1,006.90 0.00 274.13 0.000 732.77 1.00000000 0.75000000 PENJACK FEDERAL #003 - 003 P-DP 0.16 1,387.26 0.00 268.75 0.156 1,118.51 1.00000000 0.75000000 PENJACK FEDERAL #004 - 004 P-DP 0.00 1,364.33 0.00 474.17 0.000 890.17 1.00000000 0.75000000 PENJACK FEDERAL #006 - 006 P-DP 0.00 587.99 0.00 304.09 0.000 283.90 1.00000000 0.75000000 PENJACK FEDERAL #007 - 007 P-DP 0.00 726.37 0.00 241.87 0.000 484.50 1.00000000 0.75000000 PENJACK FEDERAL #008 - 008 P-DP 0.00 617.68 0.00 104.80 0.000 512.89 1.00000000 0.75000000 PENJACK FEDERAL #009 - 009 P-DP 0.00 631.89 0.00 247.38 0.000 384.52 0.93750000 0.70312450 PENJACK FEDERAL #010 - 010 P-DP 0.00 812.74 0.00 318.76 0.000 493.98 0.97500000 0.73125000 PENJACK FEDERAL #011Q - 011Q P-DP 0.00 309.49 0.00 122.50 0.000 186.99 0.97500000 0.73125000 PJ FEDERAL COM #002 - 002 P-DP 0.00 580.65 0.00 104.89 0.000 475.76 0.49085364 0.37500000 PLAINS QN COM 001 P-DP 0.11 680.12 0.00 141.71 0.107 538.41 0.62250000 0.51437500 POWERS OL FEDERAL 004 - 004 P-DP 0.23 1,022.07 0.00 36.32 0.229 985.74 1.00000000 0.84000000 POWERS OL FEDERAL 005 - 005 P-DP 0.34 1,493.18 0.00 255.67 0.342 1,237.50 0.50000000 0.42000000 POWERS OL FEDERAL 009 - 009 P-DP 0.11 1,417.56 0.00 143.38 0.111 1,274.17 1.00000000 0.84000000 POWERS OL FEDERAL 012 - 012 P-DP 0.00 611.09 0.00 155.04 0.000 456.05 1.00000000 0.84000000 POWERS OL FEDERAL COM 003 - 003 P-DP 0.32 2,007.25 0.00 19.58 0.322 1,987.68 0.50000000 0.42000000 POWERS OL FEDERAL COM 013 - 013 P-DP 0.00 764.44 0.00 175.68 0.000 588.77 0.50000000 0.42000000 PZ FEDERAL #001 - 001 P-DP 0.00 450.48 0.00 126.56 0.000 323.92 1.00000000 0.75000000 PZ FEDERAL #002 - 002 P-DP 0.00 562.75 0.00 131.50 0.000 431.24 1.00000000 0.75000000 RAILROAD STATE 001 - 001 P-DP 0.00 851.88 0.00 262.58 0.000 589.31 0.95824219 0.73065967 RATTLESNAKE NZ STATE COM 001 - 001 P-DP 0.17 1,036.49 0.00 264.85 0.169 771.64 0.50000000 0.43760940 RED ROCK NB FEDERAL 003 - 003 P-DP 0.10 1,114.56 0.00 69.72 0.099 1,044.84 1.00000000 0.84500000 REDMAN OY STATE 002 - 002 P-DP 0.00 328.24 0.00 14.75 0.000 313.49 1.00000000 0.87500000 REDMAN OY STATE 003 - 003 P-DP 0.00 292.35 0.00 0.00 0.000 292.35 1.00000000 0.87500000 REDMAN OY STATE 005 - 005 P-DP 0.00 198.60 0.00 7.86 0.000 190.74 1.00000000 0.86000000 7

GROSS ULTIMATE, REMAINING AND CUMULATIVE RESERVES and EVALUATED INTERESTS TABLE 11 As of 07/01/2023 Reserve Ultimate Oil Ultimate Gas Rem Oil Rem Gas Cum Oil Cum Gas Working Interest Revenue Interest Lease Name Category (MBbls) (MMcf) (MBbls) (MMcf) (MBbls) (MMcf) Decimal Decimal RICK FEDERAL #002 - 002 P-DP 0.00 494.69 0.00 32.80 0.000 461.88 1.00000000 0.75000000 RICK FEDERAL COM #001 - 001 P-DP 0.00 453.85 0.00 33.57 0.000 420.27 0.49546828 0.37500000 RIVER BRIDGE UX STATE 001 - 001 P-DP 0.00 314.18 0.00 33.67 0.000 280.52 1.00000000 0.83240820 RIVER BRIDGE UX STATE 002 - 002 P-DP 0.00 569.45 0.00 109.06 0.000 460.39 0.76562500 0.65632820 ROSE CANNON AOR COM 001 - 001 P-DP 0.00 768.35 0.00 44.69 0.000 723.66 0.56398807 0.45424105 ROSE FEDERAL 001 - 001 P-DP 0.07 745.74 0.00 106.16 0.068 639.58 1.00000000 0.80550000 ROSE FEDERAL 002 - 002 P-DP 0.12 705.29 0.00 31.81 0.115 673.48 1.00000000 0.80550000 ROSE FEDERAL 003 - 003 P-DP 0.05 1,402.10 0.00 180.11 0.049 1,221.99 1.00000000 0.80550000 ROSE FEDERAL 004 - 004 P-DP 0.05 788.76 0.00 112.39 0.045 676.36 1.00000000 0.80550000 ROSE FEDERAL 005 - 005 P-DP 0.22 2,105.59 0.00 364.61 0.217 1,740.98 1.00000000 0.80550000 ROSE FEDERAL 006 - 006 P-DP 0.11 1,302.13 0.00 372.67 0.108 929.45 1.00000000 0.80550000 ROSE FEDERAL 007 - 007 P-DP 0.27 1,562.42 0.00 77.04 0.273 1,485.38 1.00000000 0.80550000 ROSE FEDERAL 008 - 008 P-DP 0.05 1,250.23 0.00 141.78 0.053 1,108.45 1.00000000 0.80550000 ROSE FEDERAL 009 - 009 P-DP 0.01 1,152.56 0.00 55.31 0.009 1,097.25 1.00000000 0.80550000 ROSE FEDERAL 014 - 014 P-DP 0.00 519.07 0.00 219.96 0.000 299.11 1.00000000 0.80550000 ROSE FEDERAL 016 - 016 P-DP 0.00 109.67 0.00 35.83 0.000 73.85 1.00000000 0.80550000 ROSE FEDERAL COM 010 - 010 P-DP 0.07 944.02 0.00 126.19 0.072 817.83 1.00000000 0.77775000 ROSE FEDERAL COM 011 - 011 P-DP 0.04 564.08 0.00 56.76 0.039 507.32 0.87500000 0.70037500 ROSE FEDERAL COM 012 - 012 P-DP 0.16 1,028.33 0.00 177.66 0.156 850.67 0.50000000 0.40275000 ROSE FEDERAL COM 013 - 013 P-DP 0.09 685.33 0.00 90.41 0.085 594.91 0.75000000 0.57637495 ROWLAND RN 001 - 001 P-DP 0.15 1,167.70 0.00 234.36 0.148 933.34 0.62250000 0.50578110 ROWLAND RN 002 - 002 P-DP 0.00 249.06 0.00 58.40 0.000 190.67 0.53475000 0.43448420 SAGEBRUSH TY COM 001 - 001 P-DP 0.00 595.21 0.00 21.17 0.000 574.04 0.53475000 0.46356250 SAMEDAN 16-B STATE 003 - 003 P-DP 0.00 155.17 0.00 6.56 0.000 148.61 0.97000000 0.82750000 SANTA FE FEE #001 - 001 P-DP 0.00 386.86 0.00 0.00 0.000 386.86 1.00000000 0.75000000 SELDEN BDN COM 001 <ABO> - 001 P-DP 0.00 106.63 0.00 8.13 0.000 98.49 1.00000000 0.80125000 SELDEN BDN COM 001 <PENN> - 001 P-DP 0.00 19.23 0.00 5.33 0.000 13.90 1.00000000 0.80125000 SELDEN BDN COM 001 <WOLFCAMP> - 001 P-DP 0.00 22.01 0.00 0.00 0.000 22.01 1.00000000 0.80125000 SKINNY QO STATE 002 - 002 P-DP 0.10 1,623.92 0.00 180.95 0.098 1,442.97 1.00000000 0.87500000 SKINNY QO STATE 004 - 004 P-DP 0.00 488.72 0.00 40.20 0.000 448.52 1.00000000 0.87500000 SKINNY QO STATE 005 - 005 P-DP 0.00 879.84 0.00 90.09 0.000 789.75 1.00000000 0.87500000 SKINNY QO STATE 006 - 006 P-DP 0.00 588.19 0.00 97.37 0.000 490.82 1.00000000 0.87500000 SKINNY QO STATE 007 - 007 P-DP 0.00 306.13 0.00 41.29 0.000 264.85 1.00000000 0.87500000 SMERNOFF NL STATE 001 - 001 P-DP 0.08 339.94 0.00 0.00 0.084 339.94 0.50000000 0.41250000 SMERNOFF NL STATE 006 - 006 P-DP 0.00 75.80 0.00 0.00 0.000 75.80 0.50000000 0.41250000 SMERNOFF NL STATE 007 - 007 P-DP 0.00 68.55 0.00 0.00 0.000 68.55 0.50000000 0.41250000 SMERNOFF NL STATE 009 - 009 P-DP 0.00 75.95 0.00 20.14 0.000 55.81 0.50000000 0.41250000 SMERNOFF NL STATE COM 002 - 002 P-DP 0.00 933.54 0.00 111.74 0.000 821.81 0.61821426 0.50099280 SMERNOFF NL STATE COM 008 P-DP 0.00 159.47 0.00 45.43 0.000 114.04 0.75155650 0.63009630 SOUTH ALKALI LK FEDERAL 001 - 001 P-DP 0.26 1,018.95 0.00 42.08 0.256 976.87 1.00000000 0.80000000 8

GROSS ULTIMATE, REMAINING AND CUMULATIVE RESERVES and EVALUATED INTERESTS TABLE 11 As of 07/01/2023 Reserve Ultimate Oil Ultimate Gas Rem Oil Rem Gas Cum Oil Cum Gas Working Interest Revenue Interest Lease Name Category (MBbls) (MMcf) (MBbls) (MMcf) (MBbls) (MMcf) Decimal Decimal SOUTH ALKALI LK FEDERAL 002 - 002 P-DP 0.03 1,833.40 0.00 206.39 0.030 1,627.01 1.00000000 0.80000000 SOUTH ALKALI LK FEDERAL 003 - 003 P-DP 0.09 1,567.40 0.00 154.64 0.089 1,412.76 1.00000000 0.80000000 SOUTH ALKALI LK FEDERAL 004 - 004 P-DP 0.07 1,218.61 0.00 132.94 0.067 1,085.67 1.00000000 0.80000000 SOUTH ALKALI LK FEDERAL 005 - 005 P-DP 0.00 854.44 0.00 122.51 0.000 731.93 1.00000000 0.80000000 SOUTH ALKALI LK FEDERAL 006 - 006 P-DP 0.00 672.99 0.00 162.58 0.000 510.41 1.00000000 0.80000000 SPRING FEDERAL 001 - 001 P-DP 0.56 2,115.41 0.00 203.88 0.560 1,911.53 0.96346000 0.74609670 SPRING FEDERAL 002 - 002 P-DP 0.70 1,765.12 0.00 177.31 0.697 1,587.81 0.99400000 0.76806750 SPRING FEDERAL COM 003 - 003 P-DP 0.42 847.13 0.00 79.89 0.418 767.23 0.85917530 0.67257140 SPRINGER TK STATE COM 003 - 003 P-DP 0.00 41.68 0.00 8.56 0.000 33.12 1.00000000 0.86000000 STANCEL FEDERAL 001 - 001 P-DP 0.39 1,244.81 0.00 152.93 0.391 1,091.88 1.00000000 0.77750000 STANCEL FEDERAL 002 - 002 P-DP 0.03 181.13 0.00 27.61 0.034 153.52 1.00000000 0.77750000 STANCEL FEDERAL 003 - 003 P-DP 0.09 258.68 0.00 0.00 0.086 258.68 0.99200000 0.78190250 STANCEL FEDERAL 005 - 005 P-DP 0.21 432.84 0.00 23.45 0.209 409.39 0.99400000 0.77306750 STANCEL FEDERAL 006 - 006 P-DP 0.29 1,177.82 0.00 254.67 0.285 923.15 0.99496000 0.78027360 STANCEL FEDERAL 007 - 007 P-DP 0.22 1,093.47 0.00 126.45 0.222 967.01 0.76812500 0.59615620 STANCEL FEDERAL COM 004 - 004 P-DP 0.32 1,155.77 0.00 231.05 0.319 924.73 0.95012500 0.77618220 STATE 16 003 - 003 P-DP 0.00 424.76 0.00 0.00 0.000 424.76 0.95000000 0.81250000 STATE 16 004 (ABO) - 004 P-DP 0.00 490.37 0.00 13.22 0.000 477.15 0.95000000 0.81250000 STATE 25 COM 001 - 001 P-DP 0.01 1,384.21 0.00 253.72 0.014 1,130.48 1.00000000 0.84062500 STEWART FEDERAL 002 - 002 P-DP 0.03 896.45 0.00 249.88 0.031 646.57 0.99250000 0.76691250 STEWART FEDERAL 003 - 003 P-DP 0.01 92.62 0.00 8.05 0.007 84.57 0.99200000 0.76659000 SU FEDERAL #001 - 001 P-DP 0.00 295.83 0.00 0.00 0.000 295.83 1.00000000 0.75000000 SUMMERS COM 001 - 001 P-DP 0.00 59.27 0.00 6.37 0.000 52.89 1.00000000 0.79545200 SUMMERS COM 003 - 003 P-DP 0.00 668.59 0.00 246.07 0.000 422.52 0.70159200 0.58521990 SUN FEDERAL 002 - 002 P-DP 0.01 977.43 0.00 160.70 0.005 816.73 0.84062500 0.63046875 SUN FEDERAL 003 - 003 P-DP 0.00 219.06 0.00 58.24 0.000 160.82 0.84062500 0.63046875 SUN FEDERAL 004 - 004 P-DP 0.30 1,208.41 0.00 110.62 0.302 1,097.80 0.84062500 0.63046875 SUN FEDERAL 005 - 005 P-DP 0.00 245.25 0.00 98.02 0.000 147.23 0.88603516 0.66452634 SUZANNE FEDERAL #001 - 001 P-DP 0.00 348.46 0.00 218.47 0.000 129.99 0.48456536 0.38886371 TECKLA MD FEDERAL 001 - 001 P-DP 0.00 772.41 0.00 182.90 0.000 589.51 1.00000000 0.84500000 TECKLA MD FEDERAL 002 - 002 P-DP 0.37 1,512.22 0.00 122.65 0.373 1,389.57 1.00000000 0.84500000 TECKLA MD FEDERAL 003 - 003 P-DP 0.19 2,367.37 0.00 262.66 0.191 2,104.71 1.00000000 0.84500000 TECKLA MD FEDERAL 004Y - 004Y P-DP 0.49 3,485.93 0.00 326.75 0.491 3,159.18 1.00000000 0.84500000 TECKLA MD FEDERAL 005 - 005 P-DP 0.23 1,283.35 0.00 114.81 0.228 1,168.55 1.00000000 0.84500000 TECKLA MD FEDERAL 006 - 006 P-DP 0.10 1,121.89 0.00 90.58 0.100 1,031.31 1.00000000 0.84500000 TECKLA MD FEDERAL 007 - 007 P-DP 0.00 625.98 0.00 141.81 0.000 484.17 1.00000000 0.84500000 TECKLA MD FEDERAL 009 - 009 P-DP 0.00 247.50 0.00 29.15 0.000 218.35 1.00000000 0.84500000 TECKLA MD FEDERAL 010 - 010 P-DP 0.08 481.58 0.00 109.61 0.082 371.97 1.00000000 0.84500000 THOMAS LN FEDERAL 001 - 001 P-DP 0.38 1,099.91 0.00 72.30 0.377 1,027.62 1.00000000 0.84500000 THOMAS LN FEDERAL 003 - 003 P-DP 0.29 2,833.56 0.00 256.41 0.289 2,577.15 1.00000000 0.84500000 9

GROSS ULTIMATE, REMAINING AND CUMULATIVE RESERVES and EVALUATED INTERESTS TABLE 11 As of 07/01/2023 Reserve Ultimate Oil Ultimate Gas Rem Oil Rem Gas Cum Oil Cum Gas Working Interest Revenue Interest Lease Name Category (MBbls) (MMcf) (MBbls) (MMcf) (MBbls) (MMcf) Decimal Decimal THOMAS LN FEDERAL 004 - 004 P-DP 0.08 1,108.04 0.00 170.98 0.084 937.06 1.00000000 0.84500000 THOMAS LN FEDERAL 005 - 005 P-DP 0.00 434.84 0.00 12.53 0.000 422.31 1.00000000 0.84500000 THOMAS LN FEDERAL 006 - 006 P-DP 0.00 192.81 0.00 12.80 0.000 180.01 1.00000000 0.84500000 THOMAS LN FEDERAL 009 - 009 P-DP 0.00 135.98 0.00 12.83 0.000 123.14 1.00000000 0.84500000 TREY AYR STATE COM 001 - 001 P-DP 1.36 1,252.02 0.00 34.88 1.355 1,217.15 0.73725325 0.63377100 TROUT FEDERAL COM 001 - 001 P-DP 0.00 69.94 0.00 14.76 0.000 55.17 0.56875000 0.44039060 TYRELL 13 FEDERAL COM #004 - 004 P-DP 0.00 253.23 0.00 83.43 0.000 169.80 0.47352939 0.37670493 TYRELL FEDERAL COM #001 - 001 P-DP 0.00 376.13 0.00 112.62 0.000 263.51 0.51155398 0.39545470 TYRELL FEDERAL COM #002 - 002 P-DP 0.00 448.79 0.00 148.61 0.000 300.18 0.49709873 0.39545471 UNRUH AFF FEDERAL COM 001 - 001 P-DP 0.00 693.64 0.00 61.32 0.000 632.32 1.00000000 0.85000000 VANCE A FEDERAL 001 - 001 P-DP 0.11 708.14 0.00 73.20 0.105 634.94 0.87769230 0.76531271 VANCE A FEDERAL 002 - 002 P-DP 0.21 1,349.68 0.00 92.45 0.213 1,257.23 0.87500000 0.76312500 VANCE FEDERAL 001 - 001 P-DP 0.24 1,332.70 0.00 97.20 0.238 1,235.50 0.87690910 0.69126861 VANCE FEDERAL 003 - 003 P-DP 0.06 815.30 0.00 173.92 0.061 641.38 0.75595590 0.60905706 WEST MOORE UNIT P-DP 3,058.95 10.70 78.27 0.00 2,980.686 10.70 0.00000000 0.02500000 WM IDEN LSE P-DP 1,788.13 7.65 53.63 0.00 1,734.501 7.65 0.00000000 0.02500000 5,094.64 277,892.36 131.90 43,125.43 4,962.74 234,766.94 5,094.64 277,892.36 4,962.74 234,766.94 Proved Reserve Class Non-Producing Reserve Category GATHERING SYSTEM P-NP 0.00 6,917.16 0.00 6,917.16 0.00 0.00 1.00000000 0.80000000 WM IDEN LSE P-NP 1,717.53 0.00 1,717.53 0.00 0.00 0.00 0.00000000 0.02500000 1,717.53 6,917.16 1,717.53 6,917.16 0.00 0.00 Proved Reserve Class Undeveloped Reserve Category *ABO VT FED PUD 3 - 14257 P-UD 0.00 737.88 0.00 737.88 0.00 0.00 1.00000000 0.78124960 *ADELL UJ FED COM PUD 4 - 14165 P-UD 0.00 738.36 0.00 738.36 0.00 0.00 1.00000000 0.82187500 *ADELL UJ FED COM PUD 5 - 14166 P-UD 0.00 738.36 0.00 738.36 0.00 0.00 1.00000000 0.82187500 *ALKALI FED PUD 10 - 14551 P-UD 0.00 873.88 0.00 873.88 0.00 0.00 0.99300000 0.76731536 *ANDREW UU PUD 5 - 14593 P-UD 0.00 874.08 0.00 874.08 0.00 0.00 0.96562500 0.75937500 *BENEDICT FED COM PUD 6 - 14546 P-UD 0.00 874.98 0.00 874.98 0.00 0.00 0.87501560 0.74813650 *BLYTHE SV PUD 3 - 14552 P-UD 0.00 874.68 0.00 874.68 0.00 0.00 0.97767870 0.81248880 *COMANCHE HILL 18 PUD 4 - 14184 P-UD 0.00 738.37 0.00 738.37 0.00 0.00 1.00000000 0.87500000 *COMANCHE HILL 18 PUD 5 - 14185 P-UD 0.00 738.35 0.00 738.35 0.00 0.00 1.00000000 0.87500000 *COYOTE DRAW FED PUD 2 - 14475 P-UD 0.00 873.89 0.00 873.89 0.00 0.00 0.91987461 0.71153051 *DALE FED PUD 1 - 14414 P-UD 0.00 790.68 0.00 790.68 0.00 0.00 0.86763888 0.63983231 *DALE FED PUD 4 - 14417 P-UD 0.00 790.68 0.00 790.68 0.00 0.00 0.86763888 0.63983231 10

GROSS ULTIMATE, REMAINING AND CUMULATIVE RESERVES and EVALUATED INTERESTS TABLE 11 As of 07/01/2023 Reserve Ultimate Oil Ultimate Gas Rem Oil Rem Gas Cum Oil Cum Gas Working Interest Revenue Interest Lease Name Category (MBbls) (MMcf) (MBbls) (MMcf) (MBbls) (MMcf) Decimal Decimal *DANA FED PUD 9 - 14219 P-UD 0.00 737.48 0.00 737.48 0.00 0.00 1.00000000 0.75000000 *DORIS RI FED PUD 6 - 15321 P-UD 0.00 873.45 0.00 873.45 0.00 0.00 0.85166667 0.63454647 *GRAFA RW FED PUD 2 - 14496 P-UD 0.00 874.60 0.00 874.60 0.00 0.00 1.00000000 0.82500000 *HANAGAN A FED PUD 1 - 13712 P-UD 0.00 791.49 0.00 791.49 0.00 0.00 0.95619465 0.75664073 *HANAGAN A FED PUD 4 - 13709 P-UD 0.00 791.49 0.00 791.49 0.00 0.00 0.95619465 0.75664073 *HANAGAN FED PUD 2 - 14383 P-UD 0.00 790.26 0.00 790.26 0.00 0.00 0.96151822 0.68510452 *IRWIN FED PUD 2 - 14405 P-UD 0.00 789.96 0.00 789.96 0.00 0.00 0.87808183 0.61053942 *IRWIN FED PUD 4 - 14407 P-UD 0.00 789.96 0.00 789.96 0.00 0.00 0.87808183 0.61053942 *JILL FED PUD 5 - 14250 P-UD 0.00 737.48 0.00 737.48 0.00 0.00 1.00000000 0.75000000 *LEEMAN PUD 12 - 14237 P-UD 0.00 737.48 0.00 737.48 0.00 0.00 1.00000000 0.75000000 *LEEMAN PUD 14 - 14239 P-UD 0.00 737.48 0.00 737.48 0.00 0.00 1.00000000 0.75000000 *MM FED PUD 11 - 14267 P-UD 0.00 737.48 0.00 737.48 0.00 0.00 1.00000000 0.75000000 *MM FED PUD 8 - 14264 P-UD 0.00 737.48 0.00 737.48 0.00 0.00 1.00000000 0.75000000 *MM FED PUD 9 - 14265 P-UD 0.00 737.48 0.00 737.48 0.00 0.00 1.00000000 0.75000000 *MONAGHAN QY FED PUD 11 - 13846 P-UD 0.00 874.60 0.00 874.60 0.00 0.00 1.00000000 0.82500000 *MONAGHAN QY FED PUD 13 - 13848 P-UD 0.00 874.60 0.00 874.60 0.00 0.00 1.00000000 0.82500000 *MONAGHAN QY FED PUD 3 - 13838 P-UD 0.00 874.60 0.00 874.60 0.00 0.00 1.00000000 0.82500000 *MONAGHAN QY FED PUD 4 - 13839 P-UD 0.00 874.60 0.00 874.60 0.00 0.00 1.00000000 0.82500000 *MOUNTAIN VR FED COM PUD 1 - 14163 P-UD 0.00 738.12 0.00 738.12 0.00 0.00 1.00000000 0.81218750 *PZ FED PUD 3 - 14346 P-UD 0.00 737.48 0.00 737.48 0.00 0.00 1.00000000 0.75000000 *RED ROCK NB FED PUD 5 - 15316 P-UD 0.00 874.83 0.00 874.83 0.00 0.00 0.87500000 0.73750000 *REDMAN OY STATE PUD 4 - 13817 P-UD 0.00 875.13 0.00 875.13 0.00 0.00 1.00000000 0.86750000 *ROSE FED PUD 11 - 14467 P-UD 0.00 873.99 0.00 873.99 0.00 0.00 0.90616825 0.70734440 *SAMEDAN 16-6 STATE PUD 1 - 14386 P-UD 0.00 791.79 0.00 791.79 0.00 0.00 0.94999860 0.77229894 *SANTA FE FEE PUD 1 - 14222 P-UD 0.00 737.48 0.00 737.48 0.00 0.00 1.00000000 0.75000000 *SMERNOFF NL STATE COM PUD 4 - 15325 P-UD 0.00 873.80 0.00 873.80 0.00 0.00 0.84798986 0.69900906 *SU FED PUD 2 - 14224 P-UD 0.00 736.35 0.00 736.35 0.00 0.00 1.00000000 0.67500000 *SUMMERS COM PUD 20 - 14303 P-UD 0.00 737.47 0.00 737.47 0.00 0.00 1.00000000 0.79545200 *SUMMERS COM PUD 21 - 14304 P-UD 0.00 737.29 0.00 737.29 0.00 0.00 1.00000000 0.79545200 *SUMMERS COM PUD 6 - 14197 P-UD 0.00 737.10 0.00 737.10 0.00 0.00 1.00000000 0.79545200 *UNRUH AFF FED COM PUD 2 - 14178 P-UD 0.00 737.05 0.00 737.05 0.00 0.00 1.00000000 0.85000000 *VANCE FED PUD 1 - 15219 P-UD 0.00 790.68 0.00 790.68 0.00 0.00 0.86763888 0.63983231 *VANCE FED PUD 2 - 14412 P-UD 0.00 790.68 0.00 790.68 0.00 0.00 0.86763888 0.63983231 *WHEELER AFE FED PUD 2 - 14362 P-UD 0.00 791.94 0.00 791.94 0.00 0.00 1.00000000 0.82500000 *WHEELER AFE FED PUD 4 - 14364 P-UD 0.00 791.94 0.00 791.94 0.00 0.00 1.00000000 0.82500000 ABO VT FED PUD 2 - 14256 P-UD 0.00 733.15 0.00 733.15 0.00 0.00 1.00000000 0.78124960 ABO VT FED PUD 4 - 14258 P-UD 0.00 732.77 0.00 732.77 0.00 0.00 1.00000000 0.78124960 ADELL UJ FED COM PUD 1 - 14160 P-UD 0.00 732.93 0.00 732.93 0.00 0.00 1.00000000 0.81218750 ADELL UJ FED COM PUD 2 - 14161 P-UD 0.00 733.15 0.00 733.15 0.00 0.00 1.00000000 0.81218750 ADELL UJ FED COM PUD 3 - 14162 P-UD 0.00 732.98 0.00 732.98 0.00 0.00 1.00000000 0.81218750 11

GROSS ULTIMATE, REMAINING AND CUMULATIVE RESERVES and EVALUATED INTERESTS TABLE 11 As of 07/01/2023 Reserve Ultimate Oil Ultimate Gas Rem Oil Rem Gas Cum Oil Cum Gas Working Interest Revenue Interest Lease Name Category (MBbls) (MMcf) (MBbls) (MMcf) (MBbls) (MMcf) Decimal Decimal ADELL UJ FED COM PUD 9 - 14318 P-UD 0.00 732.73 0.00 732.73 0.00 0.00 1.00000000 0.81218750 BITTER LAKE PX STATE PUD 2 - 14172 P-UD 0.00 732.54 0.00 732.54 0.00 0.00 1.00000000 0.87500000 BITTER LAKE PX STATE PUD 5 - 14175 P-UD 0.00 732.35 0.00 732.35 0.00 0.00 1.00000000 0.87500000 BO FED PUD 1 - 14242 P-UD 0.00 732.30 0.00 732.30 0.00 0.00 1.00000000 0.75000000 BRADEN FED PUD 1 - 13869 P-UD 0.00 523.48 0.00 523.48 0.00 0.00 1.00000000 0.62500000 COMANCHE HILL 18 PUD 1 - 14181 P-UD 0.00 732.11 0.00 732.11 0.00 0.00 1.00000000 0.87500000 COYOTE DRAW FED PUD 1 - 14373 P-UD 0.00 506.99 0.00 506.99 0.00 0.00 1.00000000 0.75000000 COYOTE FED PUD 1 - 14393 P-UD 0.00 506.99 0.00 506.99 0.00 0.00 0.92000000 0.68999999 COYOTE FED PUD 2 - 14394 P-UD 0.00 506.99 0.00 506.99 0.00 0.00 0.92000000 0.68999999 EVERETTE OO PUD 1 - 13854 P-UD 0.00 527.17 0.00 527.17 0.00 0.00 1.00000000 0.84500000 EVERETTE OO PUD 5 - 13858 P-UD 0.00 527.17 0.00 527.17 0.00 0.00 1.00000000 0.84500000 EVERETTE OO PUD 6 - 13859 P-UD 0.00 527.17 0.00 527.17 0.00 0.00 1.00000000 0.84500000 GATHERING SYSTEM - Helium P-UD 0.00 0.00 0.00 0.00 0.00 0.00 1.00000000 0.80000000 GRAFA RW FED PUD 1 - 14466 P-UD 0.00 526.91 0.00 526.91 0.00 0.00 1.00000000 0.82500000 GRAFA RW PUD 1 - 14500 P-UD 0.00 526.91 0.00 526.91 0.00 0.00 1.00000000 0.82500000 HANAGAN A FED PUD 5 - 13710 P-UD 0.00 507.60 0.00 507.60 0.00 0.00 0.95619465 0.75664073 HANAGAN A FED PUD 6 - 13711 P-UD 0.00 507.60 0.00 507.60 0.00 0.00 0.95619465 0.75664073 HANAGAN FED PUD 3 - 14384 P-UD 0.00 506.37 0.00 506.37 0.00 0.00 0.96151822 0.68510452 HANCOCK AHC PUD 2 - 14494 P-UD 0.00 526.75 0.00 526.75 0.00 0.00 1.00000000 0.81250000 HANCOCK AHC PUD 6 - 14594 P-UD 0.00 527.15 0.00 527.15 0.00 0.00 1.00000000 0.84375000 IRWIN FED PUD 1 - 14404 P-UD 0.00 506.07 0.00 506.07 0.00 0.00 0.87808183 0.61053942 IRWIN FED PUD 3 - 14406 P-UD 0.00 506.07 0.00 506.07 0.00 0.00 0.87808183 0.61053942 IRWIN FED PUD 5 - 14408 P-UD 0.00 506.07 0.00 506.07 0.00 0.00 0.87808183 0.61053942 KISNER TB FED PUD 1 - 14504 P-UD 0.00 526.91 0.00 526.91 0.00 0.00 1.00000000 0.82500000 LANGLEY RJ FED PUD 1 - 13865 P-UD 0.00 526.91 0.00 526.91 0.00 0.00 1.00000000 0.82500000 LANGLEY RJ FED PUD 3 - 14470 P-UD 0.00 526.91 0.00 526.91 0.00 0.00 1.00000000 0.82500000 LAURALEA PUD 1 - 14381 P-UD 0.00 507.39 0.00 507.39 0.00 0.00 0.97944467 0.76078350 MARGARET RQ STATE PUD 1 - 13819 P-UD 0.00 526.91 0.00 526.91 0.00 0.00 1.00000000 0.82500000 MCKAY SAMEDAN PUD 1 - 14385 P-UD 0.00 507.89 0.00 507.89 0.00 0.00 0.94999860 0.77229894 MIKE FED COM PUD 1 - 14391 P-UD 0.00 507.35 0.00 507.35 0.00 0.00 0.94519531 0.73161718 MIKE FED COM PUD 2 - 14392 P-UD 0.00 507.35 0.00 507.35 0.00 0.00 0.94519531 0.73161718 MONAGHAN QY FED PUD 1 - 13836 P-UD 0.00 526.91 0.00 526.91 0.00 0.00 1.00000000 0.82500000 MONAGHAN QY FED PUD 10 - 13845 P-UD 0.00 526.91 0.00 526.91 0.00 0.00 1.00000000 0.82500000 MONAGHAN QY FED PUD 14 - 13849 P-UD 0.00 526.91 0.00 526.91 0.00 0.00 1.00000000 0.82500000 MONAGHAN QY FED PUD 18 - 13853 P-UD 0.00 526.91 0.00 526.91 0.00 0.00 1.00000000 0.82500000 MONAGHAN QY FED PUD 2 - 13837 P-UD 0.00 526.91 0.00 526.91 0.00 0.00 1.00000000 0.82500000 MONAGHAN QY FED PUD 5 - 13840 P-UD 0.00 526.91 0.00 526.91 0.00 0.00 1.00000000 0.82500000 PAUL HICKS FED PUD 2 - 14389 P-UD 0.00 507.35 0.00 507.35 0.00 0.00 0.94519531 0.73161718 PAUL HICKS FED PUD 3 - 14390 P-UD 0.00 507.35 0.00 507.35 0.00 0.00 0.94519531 0.73161718 PDP- Helium P-UD 0.00 0.00 0.00 0.00 0.00 0.00 1.00000000 0.80000000 12

GROSS ULTIMATE, REMAINING AND CUMULATIVE RESERVES and EVALUATED INTERESTS TABLE 11 As of 07/01/2023 Reserve Ultimate Oil Ultimate Gas Rem Oil Rem Gas Cum Oil Cum Gas Working Interest Revenue Interest Lease Name Category (MBbls) (MMcf) (MBbls) (MMcf) (MBbls) (MMcf) Decimal Decimal PECOS FED PUD 1 - 14372 P-UD 0.00 506.99 0.00 506.99 0.00 0.00 1.00000000 0.75000000 PLANT & LINE TAP P-UD 0.00 0.00 0.00 0.00 0.00 0.00 1.00000000 0.80000000 VANCE A FED PUD 2 - 14410 P-UD 0.00 508.63 0.00 508.63 0.00 0.00 0.87634615 0.76421855 WHEELER AFE FED PUD 5 - 14365 P-UD 0.00 508.05 0.00 508.05 0.00 0.00 1.00000000 0.82500000 0.00 63,297.23 0.00 63,297.23 0.00 0.00 Proved Reserve Class 6,812.17 348,106.76 1,849.43 113,339.82 4,962.74 234,766.94 Probable Reserve Class Undeveloped Reserve Category *ADELL UJ FED COM PrUD 12 - 15235 Pr-UD 0.00 728.77 0.00 728.77 0.00 0.00 1.00000000 0.82187500 *ALKALI FED PrUD 16 - 14576 Pr-UD 0.00 858.98 0.00 858.98 0.00 0.00 0.99300000 0.76731536 *ALKALI FED PrUD 19 - 15468 Pr-UD 0.00 857.44 0.00 857.44 0.00 0.00 0.99300000 0.76731536 *ALKALI FED PrUD 21 - 15470 Pr-UD 0.00 856.22 0.00 856.22 0.00 0.00 0.99300000 0.76731536 *ALKALI FED PrUD 26 - 15451 Pr-UD 0.00 854.94 0.00 854.94 0.00 0.00 0.99300000 0.76731536 *BITTER LAKE PX STATE PrUD 3 - 14287 Pr-UD 0.00 728.03 0.00 728.03 0.00 0.00 1.00000000 0.87500000 *BURROWGRASS ABG FED COM PUD 7 - 15415Pr-UD 0.00 868.51 0.00 868.51 0.00 0.00 0.56250000 0.47250000 *CAMACK FED PrUD 1 - 15357 Pr-UD 0.00 846.59 0.00 846.59 0.00 0.00 0.78458831 0.61520350 *CAMACK FED PrUD 3 - 15359 Pr-UD 0.00 844.88 0.00 844.88 0.00 0.00 0.78458831 0.61520350 *DANA FED PUD 2 - 14212 Pr-UD 0.00 727.53 0.00 727.53 0.00 0.00 1.00000000 0.75000000 *DORIS FED PrUD 1 - 14571 Pr-UD 0.00 853.16 0.00 853.16 0.00 0.00 0.99300000 0.61569500 *EAKIN AFB COM PrUD 1 - 14288 Pr-UD 0.00 726.74 0.00 726.74 0.00 0.00 1.00000000 0.84875000 *EVERETTE OO PrUD 7 - 14539 Pr-UD 0.00 865.62 0.00 865.62 0.00 0.00 1.00000000 0.84500000 *FEDERAL IX PUD 3 - 14360 Pr-UD 0.00 735.15 0.00 735.15 0.00 0.00 0.12500000 0.10937500 *GRYNBERG 17 FED COM PrUD 4 - 15390 Pr-UD 0.00 842.52 0.00 842.52 0.00 0.00 0.62916667 0.52741317 *HANAGAN A FED PrUD 1 - 15222 Pr-UD 0.00 784.72 0.00 784.72 0.00 0.00 0.95619470 0.75664070 *HANAGAN A FED PrUD 2 - 15210 Pr-UD 0.00 783.97 0.00 783.97 0.00 0.00 0.95619465 0.75664073 *HANAGAN A FED PrUD 3 - 15224 Pr-UD 0.00 784.35 0.00 784.35 0.00 0.00 0.95619470 0.75664070 *HANAGAN FED PUD 3 - 14435 Pr-UD 0.00 791.52 0.00 791.52 0.00 0.00 0.71252474 0.56524858 *HANAGAN FED PUD 4 - 14436 Pr-UD 0.00 791.52 0.00 791.52 0.00 0.00 0.71252474 0.56524858 *HANCOCK AHC PrUD 7 - 14458 Pr-UD 0.00 865.58 0.00 865.58 0.00 0.00 1.00000000 0.84375000 *HELEN COLLINS FED COM PrUD 6 - 14400 Pr-UD 0.00 783.59 0.00 783.59 0.00 0.00 0.88519580 0.70758632 *HIGGINS FED PrUD 3 - 14592 Pr-UD 0.00 851.75 0.00 851.75 0.00 0.00 0.99000000 0.75940250 *IRWIN FED PrUD 1 - 15227 Pr-UD 0.00 782.39 0.00 782.39 0.00 0.00 0.87808180 0.61053940 *IRWIN FED PrUD 2 - 15212 Pr-UD 0.00 783.20 0.00 783.20 0.00 0.00 0.87808183 0.61053942 *IRWIN FED PrUD 3 - 15229 Pr-UD 0.00 781.98 0.00 781.98 0.00 0.00 0.87808180 0.61053940 *IRWIN FED PrUD 4 - 15214 Pr-UD 0.00 782.80 0.00 782.80 0.00 0.00 0.87808183 0.61053942 *ISLER FEE PrUD 3 - 14428 Pr-UD 0.00 781.12 0.00 781.12 0.00 0.00 0.77752850 0.58264638 13

GROSS ULTIMATE, REMAINING AND CUMULATIVE RESERVES and EVALUATED INTERESTS TABLE 11 As of 07/01/2023 Reserve Ultimate Oil Ultimate Gas Rem Oil Rem Gas Cum Oil Cum Gas Working Interest Revenue Interest Lease Name Category (MBbls) (MMcf) (MBbls) (MMcf) (MBbls) (MMcf) Decimal Decimal *JILL FED PrUD 3 - 14248 Pr-UD 0.00 725.92 0.00 725.92 0.00 0.00 1.00000000 0.75000000 *JILL FED PrUD 4 - 14249 Pr-UD 0.00 725.37 0.00 725.37 0.00 0.00 1.00000000 0.75000000 *LEEMAN PrUD 1 - 14204 Pr-UD 0.00 724.50 0.00 724.50 0.00 0.00 1.00000000 0.75000000 *LISA FED PUD 2 - 14334 Pr-UD 0.00 736.12 0.00 736.12 0.00 0.00 0.55922874 0.39545871 *LORETTA BBO STATE COM PrUD 2 - 15238 Pr-UD 0.00 723.59 0.00 723.59 0.00 0.00 1.00000000 0.85936810 *LORETTA BBO STATE COM PrUD 4 - 14188 Pr-UD 0.00 722.98 0.00 722.98 0.00 0.00 1.00000000 0.85936810 *MARGARET RQ STATE PrUD 8 - 13826 Pr-UD 0.00 865.53 0.00 865.53 0.00 0.00 1.00000000 0.82500000 *MCKAY PENZOIL FED PrUD 2 - 14451 Pr-UD 0.00 779.76 0.00 779.76 0.00 0.00 0.32275700 0.22341150 *MCKAY PENZOIL FED PrUD 3 - 14452 Pr-UD 0.00 779.29 0.00 779.29 0.00 0.00 0.32275700 0.22341150 *MCKAY-HARVEY FED PrUD 8 - 14276 Pr-UD 0.00 722.01 0.00 722.01 0.00 0.00 0.99596680 0.74889469 *MICHAEL ERIC FED PUD 1 - 14442 Pr-UD 0.00 791.02 0.00 791.02 0.00 0.00 0.48961650 0.37163688 *MICHAEL ERIC FED PUD 4 - 14445 Pr-UD 0.00 791.02 0.00 791.02 0.00 0.00 0.48961650 0.37163688 *MONAGHAN QY FED PrUD 7 - 15446 Pr-UD 0.00 864.37 0.00 864.37 0.00 0.00 1.00000000 0.82500000 *O'CONNEL FED COM PUD 2 - 15334 Pr-UD 0.00 872.85 0.00 872.85 0.00 0.00 0.81972668 0.62066111 *PENJACK FED PUD 4 - 14283 Pr-UD 0.00 736.86 0.00 736.86 0.00 0.00 0.98875000 0.74156250 *PJ FED COM PUD 1 - 14342 Pr-UD 0.00 735.40 0.00 735.40 0.00 0.00 0.49085364 0.37500000 *PJ FED COM PUD 4 - 14345 Pr-UD 0.00 735.62 0.00 735.62 0.00 0.00 0.49085364 0.37500000 *PLAINS QN COM PrUD 2 - 15486 Pr-UD 0.00 835.95 0.00 835.95 0.00 0.00 0.49400000 0.40614453 *PLAINS QN COM PrUD 9 - 15462 Pr-UD 0.00 840.64 0.00 840.64 0.00 0.00 0.57862500 0.48896875 *PLAINS QN COM PUD 4 - 15398 Pr-UD 0.00 870.45 0.00 870.45 0.00 0.00 0.57862500 0.48896875 *PLAINS QN COM PUD 6 - 15400 Pr-UD 0.00 869.90 0.00 869.90 0.00 0.00 0.57862500 0.48896875 *PLAINS QN COM PUD 7 - 15461 Pr-UD 0.00 869.22 0.00 869.22 0.00 0.00 0.57862500 0.48896875 *RAILROAD STATE PrUD 1 - 14429 Pr-UD 0.00 780.67 0.00 780.67 0.00 0.00 0.76439611 0.58097757 *RAILROAD STATE PrUD 2 - 15220 Pr-UD 0.00 780.22 0.00 780.22 0.00 0.00 0.76439611 0.58097757 *RED ROCK FED PrUD 3 - 15339 Pr-UD 0.00 850.27 0.00 850.27 0.00 0.00 0.81875000 0.69174475 *REDMAN OY STATE PrUD 6 - 13831 Pr-UD 0.00 863.45 0.00 863.45 0.00 0.00 1.00000000 0.86600000 *RI FED PUD 2 - 15351 Pr-UD 0.00 870.74 0.00 870.74 0.00 0.00 0.80875000 0.56822595 *RIVER BRIDGE UX STATE PrUD 3 - 14307 Pr-UD 0.00 721.01 0.00 721.01 0.00 0.00 0.88020833 0.74624547 *RIVER BRIDGE UX STATE PrUD 9 - 14313 Pr-UD 0.00 720.34 0.00 720.34 0.00 0.00 0.88020833 0.74624547 *RIVER BRIDGE UX STATE PUD 12 - 14316 Pr-UD 0.00 735.94 0.00 735.94 0.00 0.00 0.88020833 0.74624547 *ROSE CANNON AOR COM PUD 1 - 14330 Pr-UD 0.00 735.67 0.00 735.67 0.00 0.00 0.72000000 0.56250000 *SAGEBRUSH TY COM PrUD 5 - 15427 Pr-UD 0.00 833.77 0.00 833.77 0.00 0.00 0.49400000 0.40614453 *SAGEBRUSH TY COM PrUD 6 - 15428 Pr-UD 0.00 831.50 0.00 831.50 0.00 0.00 0.49400000 0.40614453 *SAGEBRUSH TY COM PUD 3 - 15425 Pr-UD 0.00 867.65 0.00 867.65 0.00 0.00 0.49400000 0.40614453 *SAGEBRUSH TY COM PUD 8 - 15430 Pr-UD 0.00 866.87 0.00 866.87 0.00 0.00 0.49400000 0.40614453 *SMERNOFF NL STATE COM PrUD 2 - 15475 Pr-UD 0.00 848.22 0.00 848.22 0.00 0.00 0.80998733 0.65501133 *SPRINGER TK STATE COM PrUD 1 - 13809 Pr-UD 0.00 862.49 0.00 862.49 0.00 0.00 1.00000000 0.86000000 *SPRINGER TK STATE COM PrUD 3 - 13811 Pr-UD 0.00 861.16 0.00 861.16 0.00 0.00 1.00000000 0.86000000 *SPRINGER TK STATE COM PrUD 5 - 13813 Pr-UD 0.00 860.10 0.00 860.10 0.00 0.00 1.00000000 0.86000000 *STEWART FED PrUD 4 - 14378 Pr-UD 0.00 785.08 0.00 785.08 0.00 0.00 0.99225000 0.76675125 14

GROSS ULTIMATE, REMAINING AND CUMULATIVE RESERVES and EVALUATED INTERESTS TABLE 11 As of 07/01/2023 Reserve Ultimate Oil Ultimate Gas Rem Oil Rem Gas Cum Oil Cum Gas Working Interest Revenue Interest Lease Name Category (MBbls) (MMcf) (MBbls) (MMcf) (MBbls) (MMcf) Decimal Decimal *SUMMERS COM PUD 22 - 14296 Pr-UD 0.00 736.66 0.00 736.66 0.00 0.00 0.98875000 0.74156245 *SUMMERS COM PUD 8 - 14301 Pr-UD 0.00 736.61 0.00 736.61 0.00 0.00 0.98875000 0.74156245 *SUZANNE FED PUD 1 - 14350 Pr-UD 0.00 735.06 0.00 735.06 0.00 0.00 0.48456536 0.38886371 *SUZANNE FED PUD 2 - 14351 Pr-UD 0.00 735.32 0.00 735.32 0.00 0.00 0.48456536 0.38886371 *TROUT FED COM PrUD 1 - 15403 Pr-UD 0.00 838.67 0.00 838.67 0.00 0.00 0.57862500 0.44039060 *TYRELL FED COM PrUD 3 - 14341 Pr-UD 0.00 719.27 0.00 719.27 0.00 0.00 0.49406070 0.38920478 *VANCE FED PrUD 6 - 15217 Pr-UD 0.00 781.55 0.00 781.55 0.00 0.00 0.86763888 0.63983231 *WHEELER AEE FED PrUD 1 - 15201 Pr-UD 0.00 786.45 0.00 786.45 0.00 0.00 1.00000000 0.82500000 *WHEELER AEE FED PrUD 3 - 15203 Pr-UD 0.00 786.12 0.00 786.12 0.00 0.00 1.00000000 0.82500000 *WHEELER AFE FED PrUD 11 - 15207 Pr-UD 0.00 785.78 0.00 785.78 0.00 0.00 1.00000000 0.82500000 *WHEELER AFE FED PrUD 6 - 14366 Pr-UD 0.00 785.43 0.00 785.43 0.00 0.00 1.00000000 0.82500000 ADELL UJ FED COM PrUD 13 - 15236 Pr-UD 0.00 724.03 0.00 724.03 0.00 0.00 1.00000000 0.82187500 ADELL UJ FED COM PrUD 6 - 14167 Pr-UD 0.00 723.99 0.00 723.99 0.00 0.00 1.00000000 0.82187500 ADKINS PrUD 1 - 14448 Pr-UD 0.00 501.63 0.00 501.63 0.00 0.00 0.47343750 0.38266758 ADKINS PrUD 2 - 14449 Pr-UD 0.00 501.32 0.00 501.32 0.00 0.00 0.47343750 0.38266758 ALKALI FED PrUD 12 - 14560 Pr-UD 0.00 518.80 0.00 518.80 0.00 0.00 0.99300000 0.76731536 ALKALI FED PrUD 13 - 14564 Pr-UD 0.00 518.50 0.00 518.50 0.00 0.00 0.99300000 0.76731536 ALKALI FED PrUD 14 - 14568 Pr-UD 0.00 518.45 0.00 518.45 0.00 0.00 0.99300000 0.76731536 ALKALI FED PrUD 20 - 15469 Pr-UD 0.00 518.41 0.00 518.41 0.00 0.00 0.99300000 0.76731536 ALKALI FED PrUD 20 - 15450 Pr-UD 0.00 518.06 0.00 518.06 0.00 0.00 0.99300000 0.76731536 ALKALI FED PrUD 27 - 15452 Pr-UD 0.00 518.01 0.00 518.01 0.00 0.00 0.99300000 0.76731536 ALKALI FED PUD 11 - 14556 Pr-UD 0.00 526.19 0.00 526.19 0.00 0.00 0.99300000 0.76731536 ALKALI FED PUD 15 - 14572 Pr-UD 0.00 526.19 0.00 526.19 0.00 0.00 0.99300000 0.76731536 ALKALI FED PUD 17 - 14580 Pr-UD 0.00 526.19 0.00 526.19 0.00 0.00 0.99300000 0.76731536 ANDREW UU PrUD 1 - 14577 Pr-UD 0.00 516.78 0.00 516.78 0.00 0.00 0.96562500 0.75937500 ANDREW UU PUD 4 - 14589 Pr-UD 0.00 526.39 0.00 526.39 0.00 0.00 0.96562500 0.75937500 ANDREW UU PUD 6 - 14597 Pr-UD 0.00 526.39 0.00 526.39 0.00 0.00 0.96562500 0.75937500 ANDREW UU PUD 7 - 15456 Pr-UD 0.00 526.39 0.00 526.39 0.00 0.00 0.96562500 0.75937500 BEAVERS FED PrUD 1 - 14210 Pr-UD 0.00 723.95 0.00 723.95 0.00 0.00 1.00000000 0.75000000 BENEDICT FED COM PrUD 3 - 14606 Pr-UD 0.00 513.63 0.00 513.63 0.00 0.00 0.87501560 0.74813650 BENEDICT FED COM PrUD 5 - 14607 Pr-UD 0.00 513.57 0.00 513.57 0.00 0.00 0.87501560 0.74813650 BENEDICT FED COM PUD 1 - 14526 Pr-UD 0.00 527.29 0.00 527.29 0.00 0.00 0.87501560 0.74813650 BENEDICT FED COM PUD 2 - 14530 Pr-UD 0.00 527.29 0.00 527.29 0.00 0.00 0.87501560 0.74813650 BITTER LAKE PX STATE PrUD 4 - 14174 Pr-UD 0.00 723.65 0.00 723.65 0.00 0.00 1.00000000 0.87500000 BLYTHE SV PrUD 1 - 14543 Pr-UD 0.00 516.82 0.00 516.82 0.00 0.00 0.97767870 0.81248880 BLYTHE SV PUD 2 - 13862 Pr-UD 0.00 526.99 0.00 526.99 0.00 0.00 0.97767870 0.81248880 BLYTHE SV PUD 4 - 14557 Pr-UD 0.00 526.99 0.00 526.99 0.00 0.00 0.97767870 0.81248880 BURROWGRASS ABG FED COM PrUD 1 - 15409Pr-UD 0.00 505.61 0.00 505.61 0.00 0.00 0.56250000 0.47250000 BURROWGRASS ABG FED COM PrUD 2 - 15410Pr-UD 0.00 505.10 0.00 505.10 0.00 0.00 0.56250000 0.47250000 BURROWGRASS ABG FED COM PrUD 5 - 15413Pr-UD 0.00 505.02 0.00 505.02 0.00 0.00 0.56250000 0.47250000 15

GROSS ULTIMATE, REMAINING AND CUMULATIVE RESERVES and EVALUATED INTERESTS TABLE 11 As of 07/01/2023 Reserve Ultimate Oil Ultimate Gas Rem Oil Rem Gas Cum Oil Cum Gas Working Interest Revenue Interest Lease Name Category (MBbls) (MMcf) (MBbls) (MMcf) (MBbls) (MMcf) Decimal Decimal BURROWGRASS ABG FED COM PrUD 6 - 15414Pr-UD 0.00 504.43 0.00 504.43 0.00 0.00 0.56250000 0.47250000 BURROWGRASS ABG FED COM PrUD 9 - 15417Pr-UD 0.00 504.36 0.00 504.36 0.00 0.00 0.56250000 0.47250000 BURROWGRASS ABG FED COM PUD 2 - 14518Pr-UD 0.00 526.61 0.00 526.61 0.00 0.00 0.56250000 0.47250000 BURROWGRASS ABG FED COM PUD 4 - 15412Pr-UD 0.00 526.58 0.00 526.58 0.00 0.00 0.56250000 0.47250000 BURROWGRASS ABG FED COM PUD 8 - 15416Pr-UD 0.00 526.56 0.00 526.56 0.00 0.00 0.56250000 0.47250000 CALDZILL RZ PrUD 1 - 14554 Pr-UD 0.00 525.42 0.00 525.42 0.00 0.00 1.00000000 0.84375000 CALDZILL RZ PrUD 3 - 14570 Pr-UD 0.00 525.39 0.00 525.39 0.00 0.00 1.00000000 0.84375000 CALDZILL RZ PrUD 4 - 14574 Pr-UD 0.00 525.37 0.00 525.37 0.00 0.00 1.00000000 0.84375000 CAMACK FED PrUD 6 - 15362 Pr-UD 0.00 508.85 0.00 508.85 0.00 0.00 0.78458831 0.61520350 CAMACK FED PUD 5 - 15361 Pr-UD 0.00 526.35 0.00 526.35 0.00 0.00 0.78458831 0.61520350 CANNON XF PrUD 4 - 14321 Pr-UD 0.00 716.16 0.00 716.16 0.00 0.00 0.83333333 0.69062503 CANNON XF PUD 3 - 14320 Pr-UD 0.00 728.94 0.00 728.94 0.00 0.00 0.83333333 0.69062503 CAUDILL RZ COM PrUD 1 - 14562 Pr-UD 0.00 525.17 0.00 525.17 0.00 0.00 1.00000000 0.83267060 CAUDILL RZ PrUD 2 - 14473 Pr-UD 0.00 515.56 0.00 515.56 0.00 0.00 0.92734376 0.80769675 CAUDILL RZ PUD 1 - 14506 Pr-UD 0.00 527.48 0.00 527.48 0.00 0.00 0.92734376 0.80769675 CAUDILL RZ PUD 3 - 14604 Pr-UD 0.00 527.46 0.00 527.46 0.00 0.00 0.87812501 0.76338710 COBIE EDEID FED PUD 1 - 14439 Pr-UD 0.00 506.88 0.00 506.88 0.00 0.00 0.69593750 0.51708789 COBRA AXK STATE PrUD 1 - 15422 Pr-UD 0.00 503.74 0.00 503.74 0.00 0.00 0.50589318 0.41886815 COMANCHE HILL 18 PrUD 2 - 14182 Pr-UD 0.00 723.56 0.00 723.56 0.00 0.00 1.00000000 0.87500000 COMANCHE HILL 18 PrUD 6 - 14186 Pr-UD 0.00 723.25 0.00 723.25 0.00 0.00 1.00000000 0.87500000 COMANCHE HILL 18 PrUD 7 - 14187 Pr-UD 0.00 723.20 0.00 723.20 0.00 0.00 1.00000000 0.87500000 COMANCHE HILL 18 PUD 3 - 14183 Pr-UD 0.00 731.91 0.00 731.91 0.00 0.00 1.00000000 0.87500000 COMER PrUD 1 - 14527 Pr-UD 0.00 517.29 0.00 517.29 0.00 0.00 0.98684500 0.76022785 COMER PrUD 2 - 14484 Pr-UD 0.00 517.20 0.00 517.20 0.00 0.00 0.98684500 0.76022785 COMER PrUD 4 - 14463 Pr-UD 0.00 516.87 0.00 516.87 0.00 0.00 0.98684500 0.76022785 COMER PUD 3 - 14535 Pr-UD 0.00 526.15 0.00 526.15 0.00 0.00 0.98684500 0.76022785 COYOTE DRAW FED PrUD 2 - 14374 Pr-UD 0.00 506.90 0.00 506.90 0.00 0.00 1.00000000 0.75000000 COYOTE DRAW FED PUD 1 - 14510 Pr-UD 0.00 526.20 0.00 526.20 0.00 0.00 0.91987461 0.71153051 COYOTE FED PrUD 3 - 14395 Pr-UD 0.00 505.09 0.00 505.09 0.00 0.00 0.92000000 0.68999999 CURTIS QR COM PrUD 1 - 14469 Pr-UD 0.00 514.59 0.00 514.59 0.00 0.00 0.90525000 0.76381853 CURTIS QR COM PUD 2 - 14503 Pr-UD 0.00 527.15 0.00 527.15 0.00 0.00 0.90525000 0.76381853 DALE FED PrUD 5 - 14418 Pr-UD 0.00 503.63 0.00 503.63 0.00 0.00 0.86763888 0.63983231 DALE FED PrUD 6 - 14419 Pr-UD 0.00 503.60 0.00 503.60 0.00 0.00 0.86763888 0.63983231 DALE FED PUD 3 - 14416 Pr-UD 0.00 506.79 0.00 506.79 0.00 0.00 0.86763888 0.63983231 DANA FED PrUD 10 - 14220 Pr-UD 0.00 723.16 0.00 723.16 0.00 0.00 1.00000000 0.75000000 DANA FED PrUD 8 - 14218 Pr-UD 0.00 722.80 0.00 722.80 0.00 0.00 1.00000000 0.75000000 DANA FED PUD 11 - 14221 Pr-UD 0.00 731.86 0.00 731.86 0.00 0.00 1.00000000 0.75000000 DEE OQ STATE PrUD 2 - 13863 Pr-UD 0.00 525.14 0.00 525.14 0.00 0.00 1.00000000 0.84500000 DORIS FED PrUD 4 - 14583 Pr-UD 0.00 517.70 0.00 517.70 0.00 0.00 0.99300000 0.61569500 DORIS FED PrUD 6 - 14591 Pr-UD 0.00 517.65 0.00 517.65 0.00 0.00 0.99300000 0.61569500 16

GROSS ULTIMATE, REMAINING AND CUMULATIVE RESERVES and EVALUATED INTERESTS TABLE 11 As of 07/01/2023 Reserve Ultimate Oil Ultimate Gas Rem Oil Rem Gas Cum Oil Cum Gas Working Interest Revenue Interest Lease Name Category (MBbls) (MMcf) (MBbls) (MMcf) (MBbls) (MMcf) Decimal Decimal DORIS FED PUD 3 - 14579 Pr-UD 0.00 523.37 0.00 523.37 0.00 0.00 0.99300000 0.61569500 DORIS RI FED PrUD 5 - 15320 Pr-UD 0.00 512.05 0.00 512.05 0.00 0.00 0.85166667 0.63454647 DORIS RI FED PUD 7 - 15353 Pr-UD 0.00 525.04 0.00 525.04 0.00 0.00 0.80875000 0.56822595 EDMONDSON FED PrUD 1 - 15433 Pr-UD 0.00 502.33 0.00 502.33 0.00 0.00 0.36449006 0.29462921 EDMONDSON FED PrUD 3 - 15435 Pr-UD 0.00 502.25 0.00 502.25 0.00 0.00 0.36449006 0.29462921 EDMONDSON FED PrUD 6 - 14605 Pr-UD 0.00 502.17 0.00 502.17 0.00 0.00 0.36449006 0.29462921 EDMONDSON FED PUD 4 - 15436 Pr-UD 0.00 526.28 0.00 526.28 0.00 0.00 0.36449006 0.29462921 EDMONDSON FED PUD 5 - 15437 Pr-UD 0.00 526.25 0.00 526.25 0.00 0.00 0.36449006 0.29462921 EVERETTE OO PrUD 2 - 13855 Pr-UD 0.00 525.11 0.00 525.11 0.00 0.00 1.00000000 0.84500000 EVERETTE OO PrUD 3 - 13856 Pr-UD 0.00 524.88 0.00 524.88 0.00 0.00 1.00000000 0.84500000 EVERETTE OO PrUD 8 - 14464 Pr-UD 0.00 524.86 0.00 524.86 0.00 0.00 1.00000000 0.84500000 FEDERAL IX PrUD 4 - 14360.5 Pr-UD 0.00 713.35 0.00 713.35 0.00 0.00 0.12500000 0.10937500 FEDERAL IX PUD 1 - 14358 Pr-UD 0.00 728.66 0.00 728.66 0.00 0.00 0.12500000 0.10937500 FEDERAL IX PUD 2 - 14359 Pr-UD 0.00 728.43 0.00 728.43 0.00 0.00 0.12500000 0.10937500 FINCH FEE PUD 1 - 14327 Pr-UD 0.00 728.72 0.00 728.72 0.00 0.00 0.77362925 0.58146459 FOREMAN FED PrUD 1 - 14559 Pr-UD 0.00 519.22 0.00 519.22 0.00 0.00 0.99398000 0.77372183 FOREMAN FED PrUD 2 - 14563 Pr-UD 0.00 518.89 0.00 518.89 0.00 0.00 0.99398000 0.77372183 FOREMAN FED PrUD 3 - 14567 Pr-UD 0.00 518.84 0.00 518.84 0.00 0.00 0.99398000 0.77372183 GETTY PS 17 FED COM PrUD 1 - 15332 Pr-UD 0.00 511.10 0.00 511.10 0.00 0.00 0.83007813 0.69294435 GETTY PS 18 FED COM PUD 2 - 14483 Pr-UD 0.00 527.52 0.00 527.52 0.00 0.00 0.99609375 0.87116773 GETTY PS 18 FED COM PUD 3 - 14532 Pr-UD 0.00 527.52 0.00 527.52 0.00 0.00 0.99609375 0.87116773 GETTY PS 18 FED COM PUD 4 - 14487 Pr-UD 0.00 527.52 0.00 527.52 0.00 0.00 0.99609375 0.87116773 GETTY PS 7 FED PrUD 1 - 14578 Pr-UD 0.00 524.65 0.00 524.65 0.00 0.00 1.00000000 0.87500000 GETTY PS 7 FED PrUD 2 - 15330 Pr-UD 0.00 511.04 0.00 511.04 0.00 0.00 0.83007813 0.69294435 GETTY PS 7 FED PrUD 3 - 15331 Pr-UD 0.00 510.98 0.00 510.98 0.00 0.00 0.83007813 0.69294435 GLOBE MN FED PrUD 1 - 14514 Pr-UD 0.00 515.51 0.00 515.51 0.00 0.00 0.91532538 0.76922400 GLOBE MN FED PrUD 2 - 14477 Pr-UD 0.00 515.46 0.00 515.46 0.00 0.00 0.91532538 0.76922400 GLOBE MN FED PUD 3 - 14521 Pr-UD 0.00 527.11 0.00 527.11 0.00 0.00 0.91532538 0.76922400 GRYNBERG 17 FED COM PrUD 2 - 15388 Pr-UD 0.00 506.96 0.00 506.96 0.00 0.00 0.62916667 0.52741317 GRYNBERG 17 FED COM PrUD 3 - 15389 Pr-UD 0.00 506.89 0.00 506.89 0.00 0.00 0.62916667 0.52741317 GRYNBERG 17 FED COM PrUD 8 - 15439 Pr-UD 0.00 501.60 0.00 501.60 0.00 0.00 0.25000000 0.20625002 GRYNBERG 17 FED COM PUD 5 - 15391 Pr-UD 0.00 527.05 0.00 527.05 0.00 0.00 0.62916667 0.52741317 GRYNBERG 17 FED COM PUD 6 - 15392 Pr-UD 0.00 527.03 0.00 527.03 0.00 0.00 0.62916667 0.52741317 GRYNBERG 17 FED COM PUD 7 - 15438 Pr-UD 0.00 526.15 0.00 526.15 0.00 0.00 0.25000000 0.20625002 GYP MO FED PrUD 4 - 15370 Pr-UD 0.00 508.72 0.00 508.72 0.00 0.00 0.73214286 0.61160716 GYP MO FED PUD 3 - 15369 Pr-UD 0.00 527.04 0.00 527.04 0.00 0.00 0.73214286 0.61160716 HANAGAN A FED PrUD 2 - 15223 Pr-UD 0.00 505.90 0.00 505.90 0.00 0.00 0.95619470 0.75664070 HANAGAN A FED PrUD 2 - 13707 Pr-UD 0.00 505.87 0.00 505.87 0.00 0.00 0.95619465 0.75664073 HANAGAN A FED PrUD 3 - 13708 Pr-UD 0.00 505.63 0.00 505.63 0.00 0.00 0.95619465 0.75664073 HANAGAN A FED PrUD 4 - 15209 Pr-UD 0.00 505.60 0.00 505.60 0.00 0.00 0.95619465 0.75664073 17

GROSS ULTIMATE, REMAINING AND CUMULATIVE RESERVES and EVALUATED INTERESTS TABLE 11 As of 07/01/2023 Reserve Ultimate Oil Ultimate Gas Rem Oil Rem Gas Cum Oil Cum Gas Working Interest Revenue Interest Lease Name Category (MBbls) (MMcf) (MBbls) (MMcf) (MBbls) (MMcf) Decimal Decimal HANAGAN FED PrUD 1 - 14382 Pr-UD 0.00 506.13 0.00 506.13 0.00 0.00 0.96151822 0.68510452 HANAGAN FED PrUD 2 - 14434 Pr-UD 0.00 502.35 0.00 502.35 0.00 0.00 0.71252474 0.56524858 HANAGAN FED PrUD 2 - 14441 Pr-UD 0.00 502.01 0.00 502.01 0.00 0.00 0.68636197 0.54178749 HANAGAN FED PrUD 6 - 14438 Pr-UD 0.00 502.31 0.00 502.31 0.00 0.00 0.71252474 0.56524858 HANAGAN FED PUD 1 - 14433 Pr-UD 0.00 507.63 0.00 507.63 0.00 0.00 0.71252474 0.56524858 HANAGAN FED PUD 1 - 14440 Pr-UD 0.00 507.57 0.00 507.57 0.00 0.00 0.68636197 0.54178749 HANAGAN FED PUD 5 - 14437 Pr-UD 0.00 507.63 0.00 507.63 0.00 0.00 0.71252474 0.56524858 HANCOCK AHC PrUD 1 - 14549 Pr-UD 0.00 524.62 0.00 524.62 0.00 0.00 1.00000000 0.81250000 HANCOCK AHC PrUD 3 - 14582 Pr-UD 0.00 524.59 0.00 524.59 0.00 0.00 1.00000000 0.81250000 HANCOCK AHC PrUD 4 - 14586 Pr-UD 0.00 524.38 0.00 524.38 0.00 0.00 1.00000000 0.81250000 HANCOCK AHC PrUD 5 - 14590 Pr-UD 0.00 524.32 0.00 524.32 0.00 0.00 1.00000000 0.84375000 HANSEL ANH FED COM PUD 1 - 15363 Pr-UD 0.00 527.44 0.00 527.44 0.00 0.00 0.76552822 0.66452253 HELEN COLLINS FED COM PrUD 1 - 14396 Pr-UD 0.00 505.06 0.00 505.06 0.00 0.00 0.88519580 0.70758632 HELEN COLLINS FED COM PrUD 4 - 14398 Pr-UD 0.00 504.81 0.00 504.81 0.00 0.00 0.88519580 0.70758632 HELEN COLLINS FED COM PrUD 8 - 14403 Pr-UD 0.00 504.81 0.00 504.81 0.00 0.00 0.88519580 0.70758632 HIGGINS FED PrUD 1 - 14584 Pr-UD 0.00 517.61 0.00 517.61 0.00 0.00 0.99000000 0.75940250 HOBBS FED PrUD 1 - 14488 Pr-UD 0.00 519.55 0.00 519.55 0.00 0.00 0.99533333 0.76884750 HOBBS FED PUD 2 - 14491 Pr-UD 0.00 526.18 0.00 526.18 0.00 0.00 0.99533333 0.76884750 HORSE CREEK COM PrUD 2 - 14550 Pr-UD 0.00 519.26 0.00 519.26 0.00 0.00 0.99517856 0.77171250 IRWIN FED PrUD 1 - 15211 Pr-UD 0.00 504.52 0.00 504.52 0.00 0.00 0.87808183 0.61053942 IRWIN FED PrUD 2 - 15228 Pr-UD 0.00 504.20 0.00 504.20 0.00 0.00 0.87808180 0.61053940 IRWIN FED PrUD 3 - 15213 Pr-UD 0.00 504.49 0.00 504.49 0.00 0.00 0.87808183 0.61053942 IRWIN FED PrUD 4 - 15230 Pr-UD 0.00 503.93 0.00 503.93 0.00 0.00 0.87808180 0.61053940 IRWIN FED PrUD 6 - 15215 Pr-UD 0.00 504.23 0.00 504.23 0.00 0.00 0.87808183 0.61053942 ISLER FEE PUD 1 - 14426 Pr-UD 0.00 506.98 0.00 506.98 0.00 0.00 0.77752850 0.58264638 JAMIE COM PrUD 1 - 14465 Pr-UD 0.00 515.96 0.00 515.96 0.00 0.00 0.95472591 0.75681484 JILL FED PrUD 7 - 14252 Pr-UD 0.00 722.75 0.00 722.75 0.00 0.00 1.00000000 0.75000000 JILL FED PUD 6 - 14251 Pr-UD 0.00 731.66 0.00 731.66 0.00 0.00 1.00000000 0.75000000 JJ 1 FED COM PrUD 1 - 14325 Pr-UD 0.00 716.09 0.00 716.09 0.00 0.00 0.82031250 0.70316410 JJ 1 FED COM PrUD 2 - 14326 Pr-UD 0.00 715.60 0.00 715.60 0.00 0.00 0.77362925 0.58146459 KUYKENDALL OP COM PrUD 1 - 14472 Pr-UD 0.00 524.11 0.00 524.11 0.00 0.00 1.00000000 0.87500000 LANGLEY RJ FED PrUD 2 - 14501 Pr-UD 0.00 524.08 0.00 524.08 0.00 0.00 1.00000000 0.82500000 LANGLEY RJ FED PrUD 4 - 14505 Pr-UD 0.00 524.05 0.00 524.05 0.00 0.00 1.00000000 0.82500000 LEEMAN PrUD 10 - 14235 Pr-UD 0.00 722.43 0.00 722.43 0.00 0.00 1.00000000 0.75000000 LEEMAN PrUD 11 - 14236 Pr-UD 0.00 722.38 0.00 722.38 0.00 0.00 1.00000000 0.75000000 LEEMAN PrUD 4 - 14207 Pr-UD 0.00 722.01 0.00 722.01 0.00 0.00 1.00000000 0.75000000 LEEMAN PrUD 5 - 14208 Pr-UD 0.00 721.96 0.00 721.96 0.00 0.00 1.00000000 0.75000000 LEEMAN PUD 13 - 14238 Pr-UD 0.00 731.45 0.00 731.45 0.00 0.00 1.00000000 0.75000000 LILLIE RB FED PrUD 1 - 15364 Pr-UD 0.00 508.78 0.00 508.78 0.00 0.00 0.75868750 0.66276560 LILLIE RB FED PUD 2 - 15365 Pr-UD 0.00 527.51 0.00 527.51 0.00 0.00 0.75868750 0.66276560 18

GROSS ULTIMATE, REMAINING AND CUMULATIVE RESERVES and EVALUATED INTERESTS TABLE 11 As of 07/01/2023 Reserve Ultimate Oil Ultimate Gas Rem Oil Rem Gas Cum Oil Cum Gas Working Interest Revenue Interest Lease Name Category (MBbls) (MMcf) (MBbls) (MMcf) (MBbls) (MMcf) Decimal Decimal LILLIE RB FED PUD 3 - 15366 Pr-UD 0.00 527.51 0.00 527.51 0.00 0.00 0.75868750 0.66276560 LILLIE RB FED PUD 4 - 15367 Pr-UD 0.00 527.51 0.00 527.51 0.00 0.00 0.75868750 0.66276560 LISA FED PrUD 3 - 14335 Pr-UD 0.00 715.04 0.00 715.04 0.00 0.00 0.55922874 0.39545871 LISA FED PUD 1 - 14333 Pr-UD 0.00 728.69 0.00 728.69 0.00 0.00 0.55922874 0.39545871 LODEWICK FED COM PUD 3 - 14507 Pr-UD 0.00 526.31 0.00 526.31 0.00 0.00 0.89431246 0.69863564 LODEWICK FED COM PUD 4 - 13870 Pr-UD 0.00 526.31 0.00 526.31 0.00 0.00 0.89431246 0.69863564 LORETTA BBO STATE COM PrUD 1 - 15239 Pr-UD 0.00 721.91 0.00 721.91 0.00 0.00 1.00000000 0.85936810 LORETTA BBO STATE COM PrUD 3 - 14189 Pr-UD 0.00 721.58 0.00 721.58 0.00 0.00 1.00000000 0.85936810 LUKE FED COM PrUD 1 - 14332 Pr-UD 0.00 715.54 0.00 715.54 0.00 0.00 0.56398807 0.45424105 MARGARET RQ STATE PrUD 2 - 13820 Pr-UD 0.00 523.83 0.00 523.83 0.00 0.00 1.00000000 0.82500000 MCCLELLANN MB PrUD 1 - 14511 Pr-UD 0.00 514.53 0.00 514.53 0.00 0.00 0.88000000 0.66900000 MCCLELLANN MB PrUD 2 - 13872 Pr-UD 0.00 514.16 0.00 514.16 0.00 0.00 0.88000000 0.66900000 MCCLELLANN MB PrUD 3 - 14515 Pr-UD 0.00 514.06 0.00 514.06 0.00 0.00 0.88000000 0.66900000 MCCLELLANN MB PrUD 5 - 14603 Pr-UD 0.00 513.68 0.00 513.68 0.00 0.00 0.88000000 0.66900000 MCKAY PENZOIL FED PrUD 1 - 14450 Pr-UD 0.00 501.28 0.00 501.28 0.00 0.00 0.32275700 0.22341150 MCKAY PENZOIL FED PrUD 4 - 14453 Pr-UD 0.00 501.24 0.00 501.24 0.00 0.00 0.32275700 0.22341150 MCKAY PENZOIL FED PUD 5 - 14454 Pr-UD 0.00 506.01 0.00 506.01 0.00 0.00 0.32275700 0.22341150 MCKAY PENZOIL FED PUD 6 - 14455 Pr-UD 0.00 506.01 0.00 506.01 0.00 0.00 0.32275700 0.22341150 MCKAY PENZOIL FED PUD 8 - 14457 Pr-UD 0.00 506.01 0.00 506.01 0.00 0.00 0.32275700 0.22341150 MCKAY-HARVEY FED PrUD 11 - 14279 Pr-UD 0.00 718.25 0.00 718.25 0.00 0.00 0.99596680 0.74889469 MCKAY-HARVEY FED PrUD 15 - 14240 Pr-UD 0.00 718.19 0.00 718.19 0.00 0.00 0.99596680 0.74889469 MCKAY-HARVEY FED PrUD 2 - 14270 Pr-UD 0.00 717.80 0.00 717.80 0.00 0.00 0.99596680 0.74889469 MCKAY-HARVEY FED PrUD 6 - 14274 Pr-UD 0.00 717.74 0.00 717.74 0.00 0.00 0.99596680 0.74889469 MCKAY-HARVEY FED PUD 1 - 14269 Pr-UD 0.00 731.40 0.00 731.40 0.00 0.00 1.00000000 0.75000000 MCKAY-HARVEY FED PUD 10 - 14278 Pr-UD 0.00 729.33 0.00 729.33 0.00 0.00 0.99596680 0.74889469 MCKAY-HARVEY FED PUD 7 - 14275 Pr-UD 0.00 729.82 0.00 729.82 0.00 0.00 0.99596680 0.74889469 MCKAY-HARVEY FED PUD 9 - 14277 Pr-UD 0.00 729.61 0.00 729.61 0.00 0.00 0.99596680 0.74889469 MICHAEL ERIC FED PrUD 2 - 14443 Pr-UD 0.00 501.97 0.00 501.97 0.00 0.00 0.48961650 0.37163688 MICHAEL ERIC FED PrUD 5 - 14446 Pr-UD 0.00 501.67 0.00 501.67 0.00 0.00 0.48961650 0.37163688 MICHAEL ERIC FED PUD 3 - 14444 Pr-UD 0.00 507.13 0.00 507.13 0.00 0.00 0.48961650 0.37163688 MICHAEL ERIC FED PUD 6 - 14447 Pr-UD 0.00 507.13 0.00 507.13 0.00 0.00 0.48961650 0.37163688 MIKE HARVEY TR FED PrUD 1 - 14553 Pr-UD 0.00 513.18 0.00 513.18 0.00 0.00 0.87500000 0.75813300 MIKE HARVEY TR FED PrUD 2 - 15305 Pr-UD 0.00 513.13 0.00 513.13 0.00 0.00 0.87500000 0.75813300 MIKE HARVEY TR FED PrUD 6 - 15463 Pr-UD 0.00 512.68 0.00 512.68 0.00 0.00 0.87500000 0.75813300 MIKE HARVEY TR FED PUD 7 - 15368 Pr-UD 0.00 527.52 0.00 527.52 0.00 0.00 0.75000000 0.65625000 MM FED PrUD 2 - 14253 Pr-UD 0.00 721.48 0.00 721.48 0.00 0.00 1.00000000 0.75000000 MM FED PrUD 3 - 14254 Pr-UD 0.00 721.14 0.00 721.14 0.00 0.00 1.00000000 0.75000000 MM FED PUD 10 - 14266 Pr-UD 0.00 731.16 0.00 731.16 0.00 0.00 1.00000000 0.75000000 MM FED PUD 4 - 14255 Pr-UD 0.00 730.92 0.00 730.92 0.00 0.00 1.00000000 0.75000000 MONAGHAN QY FED PrUD 12 - 13847 Pr-UD 0.00 523.80 0.00 523.80 0.00 0.00 1.00000000 0.82500000 19

GROSS ULTIMATE, REMAINING AND CUMULATIVE RESERVES and EVALUATED INTERESTS TABLE 11 As of 07/01/2023 Reserve Ultimate Oil Ultimate Gas Rem Oil Rem Gas Cum Oil Cum Gas Working Interest Revenue Interest Lease Name Category (MBbls) (MMcf) (MBbls) (MMcf) (MBbls) (MMcf) Decimal Decimal MONAGHAN QY FED PrUD 15 - 13850 Pr-UD 0.00 523.55 0.00 523.55 0.00 0.00 1.00000000 0.82500000 MONAGHAN QY FED PrUD 16 - 13851 Pr-UD 0.00 523.52 0.00 523.52 0.00 0.00 1.00000000 0.82500000 MONAGHAN QY FED PrUD 17 - 13852 Pr-UD 0.00 523.48 0.00 523.48 0.00 0.00 1.00000000 0.82500000 MONAGHAN QY FED PrUD 6 - 13841 Pr-UD 0.00 523.25 0.00 523.25 0.00 0.00 1.00000000 0.82500000 MONAGHAN QY FED PrUD 6 - 15445 Pr-UD 0.00 523.22 0.00 523.22 0.00 0.00 1.00000000 0.82500000 MONAGHAN QY FED PrUD 9 - 13844 Pr-UD 0.00 523.19 0.00 523.19 0.00 0.00 1.00000000 0.82500000 MONAGHAN QY FED PUD 7 - 13842 Pr-UD 0.00 526.91 0.00 526.91 0.00 0.00 1.00000000 0.82500000 MONAGHAN QY FED PUD 8 - 13843 Pr-UD 0.00 526.91 0.00 526.91 0.00 0.00 1.00000000 0.82500000 MOUNTAIN VR FED COM PrUD 2 - 14164 Pr-UD 0.00 721.09 0.00 721.09 0.00 0.00 1.00000000 0.81250000 MOUNTAIN VR FED COM PUD 3 - 14168 Pr-UD 0.00 730.90 0.00 730.90 0.00 0.00 1.00000000 0.81150833 MOUNTAIN VR FED COM PUD 5 - 14139 Pr-UD 0.00 730.57 0.00 730.57 0.00 0.00 1.00000000 0.81150833 NICHOLS DRAW FED PrUD 1 - 14423 Pr-UD 0.00 502.97 0.00 502.97 0.00 0.00 0.83427342 0.66779632 NICHOLS DRAW FED PrUD 3 - 14425 Pr-UD 0.00 502.68 0.00 502.68 0.00 0.00 0.83427342 0.66779632 NICHOLS DRAW FED PUD 2 - 14424 Pr-UD 0.00 507.72 0.00 507.72 0.00 0.00 0.83427342 0.66779632 O'CONNEL FED COM PrUD 1 - 15333 Pr-UD 0.00 510.56 0.00 510.56 0.00 0.00 0.81972668 0.62066111 O'CONNEL FED COM PrUD 3 - 15335 Pr-UD 0.00 510.44 0.00 510.44 0.00 0.00 0.81972668 0.62066111 O'CONNEL FED COM PrUD 4 - 15336 Pr-UD 0.00 510.00 0.00 510.00 0.00 0.00 0.81972668 0.62066111 O'CONNELL VX FED PrUD 3 - 14471 Pr-UD 0.00 515.91 0.00 515.91 0.00 0.00 0.93125000 0.72187480 O'CONNELL VX FED PUD 1 - 13866 Pr-UD 0.00 526.22 0.00 526.22 0.00 0.00 0.93125000 0.72187480 PAUL HICKS FED PrUD 1 - 14388 Pr-UD 0.00 505.34 0.00 505.34 0.00 0.00 0.94519531 0.73161718 PAULETTE PV STATE PrUD 1 - 14508 Pr-UD 0.00 522.93 0.00 522.93 0.00 0.00 1.00000000 0.84500000 PAULETTE PV STATE PrUD 3 - 14512 Pr-UD 0.00 522.89 0.00 522.89 0.00 0.00 1.00000000 0.84500000 PECOS RIVER FED PUD 1 - 14241 Pr-UD 0.00 730.34 0.00 730.34 0.00 0.00 1.00000000 0.75000000 PECOS STATE 16 PrUD 3 - 15342 Pr-UD 0.00 509.87 0.00 509.87 0.00 0.00 0.81250012 0.60937460 PECOS STATE 16 PrUD 4 - 15343 Pr-UD 0.00 509.43 0.00 509.43 0.00 0.00 0.81250012 0.60937460 PECOS STATE 16 PUD 1 - 15340 Pr-UD 0.00 525.84 0.00 525.84 0.00 0.00 0.81250012 0.60937460 PECOS STATE 16 PUD 2 - 15341 Pr-UD 0.00 525.84 0.00 525.84 0.00 0.00 0.81250012 0.60937460 PENJACK FED PrUD 2 - 14281 Pr-UD 0.00 717.28 0.00 717.28 0.00 0.00 0.98875000 0.74156250 PENJACK FED PrUD 5 - 14284 Pr-UD 0.00 717.23 0.00 717.23 0.00 0.00 0.98875000 0.74156250 PENJACK FED PUD 1 - 14280 Pr-UD 0.00 729.55 0.00 729.55 0.00 0.00 0.99596680 0.74889469 PENJACK FED PUD 6 - 14285 Pr-UD 0.00 728.94 0.00 728.94 0.00 0.00 0.98875000 0.74156250 PJ FED COM PrUD 2 - 14343 Pr-UD 0.00 714.47 0.00 714.47 0.00 0.00 0.49085364 0.37500000 PJ FED COM PrUD 3 - 14344 Pr-UD 0.00 714.40 0.00 714.40 0.00 0.00 0.49085364 0.37500000 PLAINS QN COM PrUD 1 - 15485 Pr-UD 0.00 503.66 0.00 503.66 0.00 0.00 0.49400000 0.40614453 PLAINS QN COM PrUD 5 - 15399 Pr-UD 0.00 506.40 0.00 506.40 0.00 0.00 0.57862500 0.48896875 PLAINS QN COM PrUD 8 - 15460 Pr-UD 0.00 506.26 0.00 506.26 0.00 0.00 0.57862500 0.48896875 PLAINS QN COM PUD 1 - 15393 Pr-UD 0.00 526.93 0.00 526.93 0.00 0.00 0.62250000 0.51437500 PLAINS QN COM PUD 2 - 15396 Pr-UD 0.00 526.88 0.00 526.88 0.00 0.00 0.57862500 0.48896875 PLAINS QN COM PUD 3 - 15397 Pr-UD 0.00 526.85 0.00 526.85 0.00 0.00 0.57862500 0.48896875 PLAINS QN COM PUD 7 - 15401 Pr-UD 0.00 526.76 0.00 526.76 0.00 0.00 0.57862500 0.48896875 20

GROSS ULTIMATE, REMAINING AND CUMULATIVE RESERVES and EVALUATED INTERESTS TABLE 11 As of 07/01/2023 Reserve Ultimate Oil Ultimate Gas Rem Oil Rem Gas Cum Oil Cum Gas Working Interest Revenue Interest Lease Name Category (MBbls) (MMcf) (MBbls) (MMcf) (MBbls) (MMcf) Decimal Decimal POWERS OL FED PrUD 3 - 15377 Pr-UD 0.00 508.26 0.00 508.26 0.00 0.00 0.71428571 0.60000000 POWERS OL FED PrUD 4 - 15378 Pr-UD 0.00 508.19 0.00 508.19 0.00 0.00 0.71428571 0.60000000 POWERS OL FED PrUD 7 - 15381 Pr-UD 0.00 508.12 0.00 508.12 0.00 0.00 0.71428571 0.60000000 POWERS OL FED PUD 1 - 15371 Pr-UD 0.00 527.10 0.00 527.10 0.00 0.00 0.71428571 0.60000000 POWERS OL FED PUD 10 - 15384 Pr-UD 0.00 527.10 0.00 527.10 0.00 0.00 0.71428571 0.60000000 POWERS OL FED PUD 5 - 15379 Pr-UD 0.00 527.10 0.00 527.10 0.00 0.00 0.71428571 0.60000000 POWERS OL FED PUD 6 - 15380 Pr-UD 0.00 527.10 0.00 527.10 0.00 0.00 0.71428571 0.60000000 POWERS OL FED PUD 8 - 15382 Pr-UD 0.00 527.10 0.00 527.10 0.00 0.00 0.71428571 0.60000000 POWERS OL FED PUD 9 - 15383 Pr-UD 0.00 527.10 0.00 527.10 0.00 0.00 0.71428571 0.60000000 PZ FED PrUD 2 - 14260 Pr-UD 0.00 721.04 0.00 721.04 0.00 0.00 1.00000000 0.75000000 PZ FED PrUD 4 - 14347 Pr-UD 0.00 720.64 0.00 720.64 0.00 0.00 1.00000000 0.75000000 PZ FED PrUD 5 - 14348 Pr-UD 0.00 720.59 0.00 720.59 0.00 0.00 1.00000000 0.75000000 PZ FED PUD 1 - 14259 Pr-UD 0.00 730.28 0.00 730.28 0.00 0.00 1.00000000 0.75000000 PZ FED PUD 6 - 14349 Pr-UD 0.00 730.11 0.00 730.11 0.00 0.00 1.00000000 0.75000000 RAILROAD STATE PrUD 2 - 14430 Pr-UD 0.00 502.64 0.00 502.64 0.00 0.00 0.76439611 0.57572876 RAILROAD STATE PUD 3 - 14431 Pr-UD 0.00 507.04 0.00 507.04 0.00 0.00 0.76439611 0.57572876 RAILROAD STATE PUD 4 - 14432 Pr-UD 0.00 507.04 0.00 507.04 0.00 0.00 0.76439611 0.57572876 RED ROCK FED PrUD 2 - 15338 Pr-UD 0.00 509.94 0.00 509.94 0.00 0.00 0.81875000 0.69174475 RED ROCK NB FED PrUD 1 - 15312 Pr-UD 0.00 512.63 0.00 512.63 0.00 0.00 0.87500000 0.73750000 RED ROCK NB FED PrUD 2 - 15313 Pr-UD 0.00 512.57 0.00 512.57 0.00 0.00 0.87500000 0.73750000 RED ROCK NB FED PrUD 3 - 15314 Pr-UD 0.00 512.17 0.00 512.17 0.00 0.00 0.87500000 0.73750000 RED ROCK NB FED PrUD 4 - 15315 Pr-UD 0.00 512.11 0.00 512.11 0.00 0.00 0.87500000 0.73750000 RED ROCK NB FED PUD 6 - 15317 Pr-UD 0.00 527.14 0.00 527.14 0.00 0.00 0.87500000 0.73750000 REDMAN OY STATE PrUD 1 - 13812 Pr-UD 0.00 522.65 0.00 522.65 0.00 0.00 1.00000000 0.86750000 REDMAN OY STATE PrUD 3 - 13816 Pr-UD 0.00 522.62 0.00 522.62 0.00 0.00 1.00000000 0.86750000 REDMAN OY STATE PrUD 5 - 13818 Pr-UD 0.00 522.59 0.00 522.59 0.00 0.00 1.00000000 0.86750000 REDMAN OY STATE PrUD 7 - 13832 Pr-UD 0.00 522.35 0.00 522.35 0.00 0.00 1.00000000 0.86600000 REDMAN OY STATE PrUD 8 - 13833 Pr-UD 0.00 522.28 0.00 522.28 0.00 0.00 1.00000000 0.86600000 REDMAN OY STATE PUD 2 - 13815 Pr-UD 0.00 527.44 0.00 527.44 0.00 0.00 1.00000000 0.86750000 RI FED PrUD 1 - 15350 Pr-UD 0.00 509.37 0.00 509.37 0.00 0.00 0.80875000 0.56822595 RI FED PUD 3 - 15352 Pr-UD 0.00 525.04 0.00 525.04 0.00 0.00 0.80875000 0.56822595 RIVER BRIDGE UX STATE PrUD 1 - 14309 Pr-UD 0.00 720.24 0.00 720.24 0.00 0.00 1.00000000 0.83240820 RIVER BRIDGE UX STATE PrUD 11 - 14315 Pr-UD 0.00 716.22 0.00 716.22 0.00 0.00 0.88020833 0.74624547 RIVER BRIDGE UX STATE PrUD 2 - 14306 Pr-UD 0.00 716.63 0.00 716.63 0.00 0.00 0.88126400 0.71721673 RIVER BRIDGE UX STATE PUD 4 - 14308 Pr-UD 0.00 729.01 0.00 729.01 0.00 0.00 0.88020833 0.74624547 RIVER BRIDGE UX STATE PUD 5 - 14307.5 Pr-UD 0.00 728.98 0.00 728.98 0.00 0.00 0.88020833 0.74624547 ROSE CANNON AOR COM PrUD 2 - 14331 Pr-UD 0.00 715.11 0.00 715.11 0.00 0.00 0.56398807 0.45424105 ROSE FED PrUD 12 - 14499 Pr-UD 0.00 515.05 0.00 515.05 0.00 0.00 0.90616825 0.70734440 ROSE FED PrUD 2 - 14479 Pr-UD 0.00 522.03 0.00 522.03 0.00 0.00 1.00000000 0.80500000 ROSE FED PrUD 3 - 14522 Pr-UD 0.00 522.00 0.00 522.00 0.00 0.00 1.00000000 0.80500000 21

GROSS ULTIMATE, REMAINING AND CUMULATIVE RESERVES and EVALUATED INTERESTS TABLE 11 As of 07/01/2023 Reserve Ultimate Oil Ultimate Gas Rem Oil Rem Gas Cum Oil Cum Gas Working Interest Revenue Interest Lease Name Category (MBbls) (MMcf) (MBbls) (MMcf) (MBbls) (MMcf) Decimal Decimal ROSE FED PrUD 5 - 14598 Pr-UD 0.00 521.96 0.00 521.96 0.00 0.00 1.00000000 0.80500000 ROSE FED PrUD 6 - 14462 Pr-UD 0.00 521.71 0.00 521.71 0.00 0.00 1.00000000 0.80500000 ROSE FED PrUD 7 - 14540 Pr-UD 0.00 521.67 0.00 521.67 0.00 0.00 1.00000000 0.80500000 ROSE FED PrUD 8 - 14545 Pr-UD 0.00 515.00 0.00 515.00 0.00 0.00 0.90616825 0.70734440 ROSE FED PrUD 9 - 14601 Pr-UD 0.00 514.64 0.00 514.64 0.00 0.00 0.90616825 0.70734440 ROSE FED PUD 1 - 14516 Pr-UD 0.00 526.65 0.00 526.65 0.00 0.00 1.00000000 0.80500000 ROSE FED PUD 13 - 15310 Pr-UD 0.00 526.20 0.00 526.20 0.00 0.00 0.87500000 0.67687498 ROSE FED PUD 4 - 14460 Pr-UD 0.00 526.65 0.00 526.65 0.00 0.00 1.00000000 0.80500000 ROWLAND RN PUD 1 - 15394 Pr-UD 0.00 526.73 0.00 526.73 0.00 0.00 0.57862500 0.47013265 ROWLAND RN PUD 2 - 15395 Pr-UD 0.00 526.71 0.00 526.71 0.00 0.00 0.57862500 0.47013265 S. ALKALI FED PrUD 1 - 14490 Pr-UD 0.00 521.38 0.00 521.38 0.00 0.00 1.00000000 0.84500000 S. ALKALI LK FED PrUD 1 - 14509 Pr-UD 0.00 521.34 0.00 521.34 0.00 0.00 1.00000000 0.80000000 S. ALKALI LK FED PrUD 2 - 14474 Pr-UD 0.00 521.31 0.00 521.31 0.00 0.00 1.00000000 0.80000000 SAGEBRUSH TY COM PrUD 10 - 15389.5 Pr-UD 0.00 503.59 0.00 503.59 0.00 0.00 0.49400000 0.40614453 SAGEBRUSH TY COM PrUD 4 - 15426 Pr-UD 0.00 503.05 0.00 503.05 0.00 0.00 0.49400000 0.40614453 SAGEBRUSH TY COM PrUD 7 - 15429 Pr-UD 0.00 502.97 0.00 502.97 0.00 0.00 0.49400000 0.40614453 SAGEBRUSH TY COM PrUD 9 - 15430.5 Pr-UD 0.00 502.89 0.00 502.89 0.00 0.00 0.49400000 0.40614453 SAGEBRUSH TY COM PUD 1 - 15419 Pr-UD 0.00 526.46 0.00 526.46 0.00 0.00 0.53475000 0.46356250 SAGEBRUSH TY COM PUD 10 - 15432 Pr-UD 0.00 526.41 0.00 526.41 0.00 0.00 0.49400000 0.40614453 SAGEBRUSH TY COM PUD 2 - 15424 Pr-UD 0.00 526.30 0.00 526.30 0.00 0.00 0.49400000 0.40614453 SEC 16 PrUD 1 - 15359.5 Pr-UD 0.00 521.05 0.00 521.05 0.00 0.00 1.00000000 0.75000000 SEC 16 PrUD 2 - 15360.5 Pr-UD 0.00 521.01 0.00 521.01 0.00 0.00 1.00000000 0.75000000 SEC 32 PrUD 1 - 14496.5 Pr-UD 0.00 520.97 0.00 520.97 0.00 0.00 1.00000000 0.75000000 SEC 32 PrUD 2 - 15354.5 Pr-UD 0.00 520.66 0.00 520.66 0.00 0.00 1.00000000 0.75000000 SKINNY QO STATE PrUD 2 - 14531 Pr-UD 0.00 520.63 0.00 520.63 0.00 0.00 1.00000000 0.87500000 SKINNY QO STATE PrUD 3 - 14486 Pr-UD 0.00 520.36 0.00 520.36 0.00 0.00 1.00000000 0.87500000 SKINNY QO STATE PUD 1 - 14482 Pr-UD 0.00 527.52 0.00 527.52 0.00 0.00 1.00000000 0.87500000 SKINNY QO STATE PUD 4 - 14541 Pr-UD 0.00 527.52 0.00 527.52 0.00 0.00 1.00000000 0.87500000 SMERNOFF NL STATE COM PrUD 1 - 15322 Pr-UD 0.00 511.58 0.00 511.58 0.00 0.00 0.84798986 0.69900906 SMERNOFF NL STATE COM PrUD 2 - 15323 Pr-UD 0.00 511.52 0.00 511.52 0.00 0.00 0.84798986 0.69900906 SMERNOFF NL STATE COM PUD 3 - 15324 Pr-UD 0.00 526.90 0.00 526.90 0.00 0.00 0.84798986 0.69900906 SMERNOFF NL STATE COM PUD 8 - 15329 Pr-UD 0.00 526.90 0.00 526.90 0.00 0.00 0.84798986 0.69900906 SMERNOFF NL STATE PrUD 3 - 14492 Pr-UD 0.00 504.28 0.00 504.28 0.00 0.00 0.52364285 0.43019856 SPRING FED COM PUD 1 - 15318 Pr-UD 0.00 526.33 0.00 526.33 0.00 0.00 0.85917530 0.67257140 SPRINGER TK STATE COM PrUD 2 - 13810 Pr-UD 0.00 520.32 0.00 520.32 0.00 0.00 1.00000000 0.86000000 SPRINGER TK STATE COM PrUD 6 - 13827 Pr-UD 0.00 520.28 0.00 520.28 0.00 0.00 1.00000000 0.86600000 SPRINGER TK STATE COM PrUD 8 - 13829 Pr-UD 0.00 520.00 0.00 520.00 0.00 0.00 1.00000000 0.86600000 SPRINGER TK STATE COM PrUD 9 - 13830 Pr-UD 0.00 519.92 0.00 519.92 0.00 0.00 1.00000000 0.86600000 SPRINGER TK STATE COM PUD 4 - 13814 Pr-UD 0.00 527.35 0.00 527.35 0.00 0.00 1.00000000 0.86000000 SPRINGER TK STATE COM PUD 7 - 13828 Pr-UD 0.00 527.42 0.00 527.42 0.00 0.00 1.00000000 0.86600000 22

GROSS ULTIMATE, REMAINING AND CUMULATIVE RESERVES and EVALUATED INTERESTS TABLE 11 As of 07/01/2023 Reserve Ultimate Oil Ultimate Gas Rem Oil Rem Gas Cum Oil Cum Gas Working Interest Revenue Interest Lease Name Category (MBbls) (MMcf) (MBbls) (MMcf) (MBbls) (MMcf) Decimal Decimal STANCEL FED PrUD 2 - 14485 Pr-UD 0.00 516.44 0.00 516.44 0.00 0.00 0.95703000 0.74804743 STANCEL FED PrUD 3 - 14536 Pr-UD 0.00 516.40 0.00 516.40 0.00 0.00 0.95703000 0.74804743 STANCEL FED PrUD 5 - 14544 Pr-UD 0.00 516.00 0.00 516.00 0.00 0.00 0.95703000 0.74804743 STANCEL FED PUD 1 - 14528 Pr-UD 0.00 526.32 0.00 526.32 0.00 0.00 0.95703000 0.74804743 STANCEL FED PUD 4 - 13860 Pr-UD 0.00 526.32 0.00 526.32 0.00 0.00 0.95703000 0.74804743 STATE 16-3 PrUD 1 - 14387 Pr-UD 0.00 505.37 0.00 505.37 0.00 0.00 0.94999860 0.77229894 STEWART FED PrUD 1 - 14375 Pr-UD 0.00 506.38 0.00 506.38 0.00 0.00 0.99225000 0.76675125 STEWART FED PrUD 3 - 14377 Pr-UD 0.00 506.16 0.00 506.16 0.00 0.00 0.99225000 0.76675125 SU FED PrUD 3 - 14225 Pr-UD 0.00 720.18 0.00 720.18 0.00 0.00 1.00000000 0.67500000 SU FED PrUD 4 - 14226 Pr-UD 0.00 719.76 0.00 719.76 0.00 0.00 1.00000000 0.67500000 SU FED PrUD 5 - 14227 Pr-UD 0.00 719.71 0.00 719.71 0.00 0.00 1.00000000 0.67500000 SU FED PrUD 6 - 14228 Pr-UD 0.00 719.66 0.00 719.66 0.00 0.00 1.00000000 0.67500000 SU FED PrUD 7 - 14229 Pr-UD 0.00 719.29 0.00 719.29 0.00 0.00 1.00000000 0.67500000 SU FED PrUD 8 - 14230 Pr-UD 0.00 719.21 0.00 719.21 0.00 0.00 1.00000000 0.67500000 SU FED PUD 1 - 14223 Pr-UD 0.00 730.02 0.00 730.02 0.00 0.00 1.00000000 0.67500000 SUMMERS COM PrUD 20 - 14299 Pr-UD 0.00 717.17 0.00 717.17 0.00 0.00 0.98875000 0.74156245 SUMMERS COM PrUD 22 - 14302 Pr-UD 0.00 718.80 0.00 718.80 0.00 0.00 1.00000000 0.79545200 SUMMERS COM PrUD 23 - 15272 Pr-UD 0.00 718.75 0.00 718.75 0.00 0.00 1.00000000 0.79545200 SUMMERS COM PrUD 24 - 14297 Pr-UD 0.00 716.75 0.00 716.75 0.00 0.00 0.98875000 0.74156245 SUMMERS COM PrUD 7 - 14198 Pr-UD 0.00 718.69 0.00 718.69 0.00 0.00 1.00000000 0.79545200 SUMMERS COM PUD 17 - 14295 Pr-UD 0.00 729.24 0.00 729.24 0.00 0.00 0.88126400 0.71528407 SUMMERS COM PUD 21 - 14300 Pr-UD 0.00 729.30 0.00 729.30 0.00 0.00 0.98875000 0.74156245 SUMMERS COM PUD 23 - 14298 Pr-UD 0.00 729.27 0.00 729.27 0.00 0.00 0.98875000 0.74156245 SUN FED PUD 1 - 14420 Pr-UD 0.00 506.99 0.00 506.99 0.00 0.00 0.85197754 0.63898315 SUN FED PUD 2 - 14421 Pr-UD 0.00 506.99 0.00 506.99 0.00 0.00 0.85197754 0.63898315 SUN FED PUD 3 - 14422 Pr-UD 0.00 506.99 0.00 506.99 0.00 0.00 0.85197754 0.63898315 SUZANNE FED PrUD 3 - 14352 Pr-UD 0.00 713.95 0.00 713.95 0.00 0.00 0.48456536 0.38886371 SUZANNE FED PrUD 6 - 14355 Pr-UD 0.00 713.81 0.00 713.81 0.00 0.00 0.48456536 0.38886371 TECKLA MD FED PrUD 2 - 14476 Pr-UD 0.00 519.64 0.00 519.64 0.00 0.00 1.00000000 0.84500000 TECKLA MD FED PUD 1 - 14513 Pr-UD 0.00 527.17 0.00 527.17 0.00 0.00 1.00000000 0.84500000 TECKLA MD FED PUD 3 - 14517 Pr-UD 0.00 527.17 0.00 527.17 0.00 0.00 1.00000000 0.84500000 TECKLA MD FED PUrD 5 - 14523 Pr-UD 0.00 519.60 0.00 519.60 0.00 0.00 1.00000000 0.84500000 THOMAS LN FED PrUD 1 - 15372 Pr-UD 0.00 507.58 0.00 507.58 0.00 0.00 0.71428571 0.60000000 THOMAS LN FED PrUD 2 - 15373 Pr-UD 0.00 507.51 0.00 507.51 0.00 0.00 0.71428571 0.60000000 THOMAS LN FED PrUD 3 - 15375 Pr-UD 0.00 507.03 0.00 507.03 0.00 0.00 0.71428571 0.60000000 THOMAS LN FED PUD 4 - 15376 Pr-UD 0.00 527.10 0.00 527.10 0.00 0.00 0.71428571 0.60000000 TROUT FED COM PrUD 2 - 15404 Pr-UD 0.00 505.76 0.00 505.76 0.00 0.00 0.57862500 0.44039060 TROUT FED COM PrUD 3 - 15405 Pr-UD 0.00 505.69 0.00 505.69 0.00 0.00 0.57862500 0.44039060 TYRELL FED COM PrUD 1 - 14339 Pr-UD 0.00 714.53 0.00 714.53 0.00 0.00 0.55922874 0.39545871 UNRUH AFF FED COM PUD 1 - 14179 Pr-UD 0.00 729.91 0.00 729.91 0.00 0.00 1.00000000 0.85000000 23

GROSS ULTIMATE, REMAINING AND CUMULATIVE RESERVES and EVALUATED INTERESTS TABLE 11 As of 07/01/2023 Reserve Ultimate Oil Ultimate Gas Rem Oil Rem Gas Cum Oil Cum Gas Working Interest Revenue Interest Lease Name Category (MBbls) (MMcf) (MBbls) (MMcf) (MBbls) (MMcf) Decimal Decimal VANCE A FED PrUD 1 - 14409 Pr-UD 0.00 503.90 0.00 503.90 0.00 0.00 0.87634615 0.76421855 VANCE FED PrUD 4 - 14411 Pr-UD 0.00 503.32 0.00 503.32 0.00 0.00 0.86763888 0.63983231 VANCE FED PrUD 5 - 15218 Pr-UD 0.00 503.28 0.00 503.28 0.00 0.00 0.86763888 0.63983231 VANCE FED PrUD 7 - 15216 Pr-UD 0.00 503.00 0.00 503.00 0.00 0.00 0.86763888 0.63983231 VANCE FED PUD 3 - 14413 Pr-UD 0.00 506.79 0.00 506.79 0.00 0.00 0.86763888 0.63983231 WHEELER AEE FED PrUD 2 - 15202 Pr-UD 0.00 506.88 0.00 506.88 0.00 0.00 1.00000000 0.82500000 WHEELER AEE FED PrUD 4 - 15204 Pr-UD 0.00 506.66 0.00 506.66 0.00 0.00 1.00000000 0.82500000 WHEELER AFE FED PrUD 1 - 14361 Pr-UD 0.00 506.63 0.00 506.63 0.00 0.00 1.00000000 0.82500000 WHEELER AFE FED PrUD 3 - 14363 Pr-UD 0.00 506.41 0.00 506.41 0.00 0.00 1.00000000 0.82500000 0.00 264,995.46 0.00 264,995.46 0.00 0.00 Probable Reserve Class 0.00 264,995.46 0.00 264,995.46 0.00 0.00 Possible Reserve Class Undeveloped Reserve Category *ALKALI FED PsUD 1 - 14595 Ps-UD 0.00 821.58 0.00 821.58 0.00 0.00 0.99300000 0.76731536 *ALKALI FED PsUD 18 - 15465 Ps-UD 0.00 820.72 0.00 820.72 0.00 0.00 0.99300000 0.76731536 *ALKALI FED PsUD 25 - 15492 Ps-UD 0.00 819.69 0.00 819.69 0.00 0.00 0.99300000 0.76731536 *ALKALI FED PsUD 3 - 14525 Ps-UD 0.00 818.78 0.00 818.78 0.00 0.00 0.99300000 0.76731536 *ALKALI FED PsUD 4 - 14599 Ps-UD 0.00 816.80 0.00 816.80 0.00 0.00 0.99300000 0.76731536 *ALKALI FED PsUD 4 - 15448 Ps-UD 0.00 817.73 0.00 817.73 0.00 0.00 0.99300000 0.76731536 *ALKALI FED PsUD 5 - 15449 Ps-UD 0.00 814.26 0.00 814.26 0.00 0.00 0.99300000 0.76731536 *ALKALI FED PsUD 5 - 14533 Ps-UD 0.00 815.22 0.00 815.22 0.00 0.00 0.99300000 0.76731536 *ALKALI FED PsUD 8 - 14542 Ps-UD 0.00 813.12 0.00 813.12 0.00 0.00 0.99300000 0.76731536 *BEARD FED PsUD 4 - 14600 Ps-UD 0.00 808.22 0.00 808.22 0.00 0.00 0.90625000 0.74530685 *BENEDICT FED COM PsUD 4 - 14538 Ps-UD 0.00 804.83 0.00 804.83 0.00 0.00 0.87501560 0.74813650 *BITTER LAKE PX STATE PsUD 7 - 15260 Ps-UD 0.00 718.98 0.00 718.98 0.00 0.00 1.00000000 0.87500000 *BLYTHE SV PsUD 2 - 15455 Ps-UD 0.00 812.14 0.00 812.14 0.00 0.00 0.97767870 0.81248880 *BLYTHE SV PsUD 5 - 14561 Ps-UD 0.00 810.96 0.00 810.96 0.00 0.00 0.97767870 0.81248880 *BLYTHE SV PsUD 7 - 14569 Ps-UD 0.00 809.96 0.00 809.96 0.00 0.00 0.97767870 0.81248880 *BO FED PsUD 2 - 14243 Ps-UD 0.00 718.45 0.00 718.45 0.00 0.00 1.00000000 0.75000000 *HANAGAN A FED PsUD 4 - 15225 Ps-UD 0.00 776.05 0.00 776.05 0.00 0.00 0.95619470 0.75664070 *HORSE CREEK COM PsUD 4 - 15345 Ps-UD 0.00 797.98 0.00 797.98 0.00 0.00 0.80998733 0.65501133 *HORSE CREEK COM PsUD 5 - 15474 Ps-UD 0.00 796.77 0.00 796.77 0.00 0.00 0.80998733 0.65501133 *HORSE CREEK COM PsUD 6 - 15347 Ps-UD 0.00 795.37 0.00 795.37 0.00 0.00 0.80998733 0.65501133 *HORSE CREEK COM PsUD 8 - 15349 Ps-UD 0.00 794.13 0.00 794.13 0.00 0.00 0.80998733 0.65501133 *LEEMAN PsUD 6 - 14231 Ps-UD 0.00 718.32 0.00 718.32 0.00 0.00 1.00000000 0.75000000 *LISA FED PsUD 4 - 14336 Ps-UD 0.00 696.21 0.00 696.21 0.00 0.00 0.55922874 0.39545871 24

GROSS ULTIMATE, REMAINING AND CUMULATIVE RESERVES and EVALUATED INTERESTS TABLE 11 As of 07/01/2023 Reserve Ultimate Oil Ultimate Gas Rem Oil Rem Gas Cum Oil Cum Gas Working Interest Revenue Interest Lease Name Category (MBbls) (MMcf) (MBbls) (MMcf) (MBbls) (MMcf) Decimal Decimal *LISA FED PsUD 5 - 14337 Ps-UD 0.00 695.16 0.00 695.16 0.00 0.00 0.55922874 0.39545871 *LORETTA BBO STATE COM PsUD 1 - 15240 Ps-UD 0.00 717.78 0.00 717.78 0.00 0.00 1.00000000 0.85936810 *LORETTA BBO STATE COM PsUD 4 - 14191 Ps-UD 0.00 717.17 0.00 717.17 0.00 0.00 1.00000000 0.85936810 *LUTHER BBN FED COM PsUD 1 - 15447 Ps-UD 0.00 826.45 0.00 826.45 0.00 0.00 1.00000000 0.85888671 *MARGARET RQ STATE PsUD 6 - 13824 Ps-UD 0.00 825.24 0.00 825.24 0.00 0.00 1.00000000 0.82500000 *MCKAY-HARVEY FED PsUD 13 - 14276.5 Ps-UD 0.00 709.77 0.00 709.77 0.00 0.00 0.99596680 0.74889469 *MCKAY-HARVEY FED PsUD 2 - 15297 Ps-UD 0.00 708.99 0.00 708.99 0.00 0.00 0.99596680 0.74889469 *MCKAY-HARVEY FED PsUD 3 - 14271 Ps-UD 0.00 708.19 0.00 708.19 0.00 0.00 0.99596680 0.74889469 *MCKAY-HARVEY FED PsUD 6 - 15270 Ps-UD 0.00 707.38 0.00 707.38 0.00 0.00 0.99596680 0.74889469 *MCKAY-HARVEY FED PsUD 7 - 15253 Ps-UD 0.00 706.55 0.00 706.55 0.00 0.00 0.99596680 0.74889469 *MCKAY-HARVEY FED PsUD 8 - 15254 Ps-UD 0.00 705.70 0.00 705.70 0.00 0.00 0.99596680 0.74889469 *MIKE HARVEY TR FED PsUD 1 - 15466 Ps-UD 0.00 803.54 0.00 803.54 0.00 0.00 0.87500000 0.75813300 *MIKE HARVEY TR FED PsUD 5 - 15308 Ps-UD 0.00 802.42 0.00 802.42 0.00 0.00 0.87500000 0.75813300 *PECOS RIVER FED PsUD 1 - 14323 Ps-UD 0.00 716.54 0.00 716.54 0.00 0.00 1.00000000 0.75000000 *PECOS RIVER FED PsUD 2 - 14324 Ps-UD 0.00 716.12 0.00 716.12 0.00 0.00 1.00000000 0.75000000 *RED ROCK FED PsUD 1 - 15337 Ps-UD 0.00 800.50 0.00 800.50 0.00 0.00 0.81875000 0.69174475 *RED ROCK FED PsUD 6 - 15473 Ps-UD 0.00 799.35 0.00 799.35 0.00 0.00 0.81875000 0.69174475 *RIVER BRIDGE UX STATE PsUD 10 - 14314 Ps-UD 0.00 699.27 0.00 699.27 0.00 0.00 0.88020833 0.74624547 *RIVER BRIDGE UX STATE PsUD 8 - 14312 Ps-UD 0.00 698.27 0.00 698.27 0.00 0.00 0.88020833 0.74624547 *ROSE FED PsUD 10 - 14602 Ps-UD 0.00 807.15 0.00 807.15 0.00 0.00 0.90616825 0.70734440 *ROSE FED PsUD 11 - 15464 Ps-UD 0.00 805.92 0.00 805.92 0.00 0.00 0.90616825 0.70734440 *SAGEBRUSH TY COM PsUD 1 - 15511 Ps-UD 0.00 786.36 0.00 786.36 0.00 0.00 0.49400000 0.40614453 *SELDEN BDN COM PsUD 4 - 15274 Ps-UD 0.00 704.84 0.00 704.84 0.00 0.00 0.88126400 0.71721673 *SPRINGER TK STATE COM PUD 11 - 15441 Ps-UD 0.00 823.87 0.00 823.87 0.00 0.00 1.00000000 0.86000000 *SPRINGER TK STATE COM PUD 12 - 15442 Ps-UD 0.00 823.03 0.00 823.03 0.00 0.00 1.00000000 0.86000000 *STEWART FED PsUD 6 - 14380 Ps-UD 0.00 776.64 0.00 776.64 0.00 0.00 0.99225000 0.76675125 *SUMMERS COM PsUD 1 - 14192 Ps-UD 0.00 714.81 0.00 714.81 0.00 0.00 1.00000000 0.79545200 *SUMMERS COM PsUD 1 - 15242 Ps-UD 0.00 715.47 0.00 715.47 0.00 0.00 1.00000000 0.79545200 *SUMMERS COM PsUD 10 - 15251 Ps-UD 0.00 714.13 0.00 714.13 0.00 0.00 1.00000000 0.79545200 *SUMMERS COM PsUD 13 - 14291 Ps-UD 0.00 703.96 0.00 703.96 0.00 0.00 0.88126400 0.71528407 *SUMMERS COM PsUD 14 - 14292 Ps-UD 0.00 703.06 0.00 703.06 0.00 0.00 0.88126400 0.71528407 *SUMMERS COM PsUD 16 - 14294 Ps-UD 0.00 702.14 0.00 702.14 0.00 0.00 0.88126400 0.71528407 *SUMMERS COM PsUD 18 - 15266 Ps-UD 0.00 701.20 0.00 701.20 0.00 0.00 0.88126400 0.71528407 *SUMMERS COM PsUD 20 - 15268 Ps-UD 0.00 700.24 0.00 700.24 0.00 0.00 0.88126400 0.71528407 *SUMMERS COM PsUD 25 - 15281 Ps-UD 0.00 697.25 0.00 697.25 0.00 0.00 0.70159200 0.58521990 *SUMMERS COM PsUD 3 - 15244 Ps-UD 0.00 713.44 0.00 713.44 0.00 0.00 1.00000000 0.79545200 *SUMMERS COM PsUD 4 - 15245 Ps-UD 0.00 712.73 0.00 712.73 0.00 0.00 1.00000000 0.79545200 *SUMMERS COM PsUD 4 - 14195 Ps-UD 0.00 712.01 0.00 712.01 0.00 0.00 1.00000000 0.79545200 *SUMMERS COM PsUD 5 - 14196 Ps-UD 0.00 711.28 0.00 711.28 0.00 0.00 1.00000000 0.79545200 *SUMMERS COM PsUD 9 - 15250 Ps-UD 0.00 710.53 0.00 710.53 0.00 0.00 1.00000000 0.79545200 25

GROSS ULTIMATE, REMAINING AND CUMULATIVE RESERVES and EVALUATED INTERESTS TABLE 11 As of 07/01/2023 Reserve Ultimate Oil Ultimate Gas Rem Oil Rem Gas Cum Oil Cum Gas Working Interest Revenue Interest Lease Name Category (MBbls) (MMcf) (MBbls) (MMcf) (MBbls) (MMcf) Decimal Decimal *SUZANNE FED PsUD 5 - 14354 Ps-UD 0.00 694.07 0.00 694.07 0.00 0.00 0.48456536 0.38886371 *SUZANNE FED PsUD 7 - 15283 Ps-UD 0.00 692.97 0.00 692.97 0.00 0.00 0.48456536 0.38886371 *SUZANNE FED PsUD 8 - 14357 Ps-UD 0.00 691.84 0.00 691.84 0.00 0.00 0.48456536 0.38886371 *TROUT FED COM PsUD 1 - 15482 Ps-UD 0.00 789.24 0.00 789.24 0.00 0.00 0.56875000 0.44039060 *TROUT FED COM PsUD 2 - 15483 Ps-UD 0.00 787.93 0.00 787.93 0.00 0.00 0.56875000 0.44039060 *TROUT FED COM PsUD 4 - 15406 Ps-UD 0.00 792.04 0.00 792.04 0.00 0.00 0.57862500 0.44039060 *TROUT FED COM PsUD 6 - 15408 Ps-UD 0.00 790.76 0.00 790.76 0.00 0.00 0.57862500 0.44039060 *WHEELER AEE FED PsUD 5 - 15205 Ps-UD 0.00 778.68 0.00 778.68 0.00 0.00 1.00000000 0.82500000 *WHEELER AFE FED PsUD 13 - 15208 Ps-UD 0.00 778.13 0.00 778.13 0.00 0.00 1.00000000 0.82500000 *WHEELER AFE FED PsUD 8 - 14369 Ps-UD 0.00 777.57 0.00 777.57 0.00 0.00 1.00000000 0.82500000 ALKALI FED PsUD 2 - 14478 Ps-UD 0.00 496.12 0.00 496.12 0.00 0.00 0.99300000 0.76731536 ALKALI FED PsUD 6 - 15457 Ps-UD 0.00 495.64 0.00 495.64 0.00 0.00 0.99300000 0.76731536 ALKALI FED PsUD 7 - 14489 Ps-UD 0.00 495.54 0.00 495.54 0.00 0.00 0.99300000 0.76731536 ALKALI FED PsUD 9 - 14493 Ps-UD 0.00 495.45 0.00 495.45 0.00 0.00 0.99300000 0.76731536 ANDREW UU PsUD 2 - 14581 Ps-UD 0.00 492.58 0.00 492.58 0.00 0.00 0.96562500 0.75937500 ANDREW UU PsUD 3 - 14585 Ps-UD 0.00 492.06 0.00 492.06 0.00 0.00 0.96562500 0.75937500 BEARD FED PsUD 1 - 14529 Ps-UD 0.00 490.06 0.00 490.06 0.00 0.00 0.90625000 0.74530685 BEARD FED PsUD 2 - 14461 Ps-UD 0.00 489.96 0.00 489.96 0.00 0.00 0.90625000 0.74530685 BEARD FED PsUD 3 - 14537 Ps-UD 0.00 489.52 0.00 489.52 0.00 0.00 0.90625000 0.74530685 BITTER LAKE PX STATE PsUD 1 - 15259 Ps-UD 0.00 713.52 0.00 713.52 0.00 0.00 1.00000000 0.87500000 BITTER LAKE PX STATE PsUD 6 - 15262 Ps-UD 0.00 713.04 0.00 713.04 0.00 0.00 1.00000000 0.87500000 BITTER LAKE PX STATE PsUD 8 - 15261 Ps-UD 0.00 712.43 0.00 712.43 0.00 0.00 1.00000000 0.87500000 BLYTHE SV PsUD 1 - 15454 Ps-UD 0.00 493.09 0.00 493.09 0.00 0.00 0.97767870 0.81248880 BLYTHE SV PsUD 6 - 14565 Ps-UD 0.00 492.68 0.00 492.68 0.00 0.00 0.97767870 0.81248880 BO FED PsUD 3 - 14244 Ps-UD 0.00 712.29 0.00 712.29 0.00 0.00 1.00000000 0.75000000 BO FED PsUD 4 - 14245 Ps-UD 0.00 711.80 0.00 711.80 0.00 0.00 1.00000000 0.75000000 BURROWGRASS ABG FED COM PsUD 10 - 15418 Ps-UD 0.00 478.62 0.00 478.62 0.00 0.00 0.56250000 0.47250000 BURROWGRASS ABG FED COM PsUD 3 - 15411Ps-UD 0.00 478.36 0.00 478.36 0.00 0.00 0.56250000 0.47250000 CALDZILL RZ PsUD 2 - 14558 Ps-UD 0.00 501.81 0.00 501.81 0.00 0.00 1.00000000 0.84375000 CAMACK FED PsUD 1 - 15477 Ps-UD 0.00 483.98 0.00 483.98 0.00 0.00 0.78458831 0.61520350 CAMACK FED PsUD 2 - 15478 Ps-UD 0.00 483.75 0.00 483.75 0.00 0.00 0.78458831 0.61520350 CAMACK FED PsUD 2 - 15358 Ps-UD 0.00 483.25 0.00 483.25 0.00 0.00 0.78458831 0.61520350 CAMACK FED PsUD 4 - 15360 Ps-UD 0.00 483.13 0.00 483.13 0.00 0.00 0.78458831 0.61520350 CAMACK FED PsUD 4 - 15499 Ps-UD 0.00 482.51 0.00 482.51 0.00 0.00 0.78458831 0.61520350 DALE FED 14 PsUD 1 - 15233 Ps-UD 0.00 499.56 0.00 499.56 0.00 0.00 0.86763890 0.63983230 DALE FED 14 PsUD 2 - 15234 Ps-UD 0.00 499.25 0.00 499.25 0.00 0.00 0.86763890 0.63983230 DALE FED PsUD 2 - 14415 Ps-UD 0.00 498.81 0.00 498.81 0.00 0.00 0.86763888 0.63983231 DANA FED PsUD 1 - 14211 Ps-UD 0.00 711.66 0.00 711.66 0.00 0.00 1.00000000 0.75000000 DANA FED PsUD 3 - 14213 Ps-UD 0.00 711.16 0.00 711.16 0.00 0.00 1.00000000 0.75000000 DANA FED PsUD 4 - 14214 Ps-UD 0.00 711.02 0.00 711.02 0.00 0.00 1.00000000 0.75000000 26

GROSS ULTIMATE, REMAINING AND CUMULATIVE RESERVES and EVALUATED INTERESTS TABLE 11 As of 07/01/2023 Reserve Ultimate Oil Ultimate Gas Rem Oil Rem Gas Cum Oil Cum Gas Working Interest Revenue Interest Lease Name Category (MBbls) (MMcf) (MBbls) (MMcf) (MBbls) (MMcf) Decimal Decimal DANA FED PsUD 5 - 14215 Ps-UD 0.00 710.73 0.00 710.73 0.00 0.00 1.00000000 0.75000000 DANA FED PsUD 6 - 14216 Ps-UD 0.00 710.58 0.00 710.58 0.00 0.00 1.00000000 0.75000000 DANA FED PsUD 7 - 14217 Ps-UD 0.00 710.07 0.00 710.07 0.00 0.00 1.00000000 0.75000000 DEE OQ STATE PsUD 1 - 14548 Ps-UD 0.00 501.23 0.00 501.23 0.00 0.00 1.00000000 0.84500000 DEE OQ STATE PsUD 3 - 14497 Ps-UD 0.00 501.06 0.00 501.06 0.00 0.00 1.00000000 0.84500000 DORIS FED PsUD 2 - 14575 Ps-UD 0.00 494.97 0.00 494.97 0.00 0.00 0.99300000 0.61569500 DORIS FED PsUD 5 - 14587 Ps-UD 0.00 494.87 0.00 494.87 0.00 0.00 0.99300000 0.61569500 DORIS RI FED PsUD 1 - 14495 Ps-UD 0.00 491.96 0.00 491.96 0.00 0.00 0.93350000 0.66925310 DORIS RI FED PsUD 2 - 15458 Ps-UD 0.00 491.45 0.00 491.45 0.00 0.00 0.93350000 0.66925310 DORIS RI FED PsUD 2 - 13864 Ps-UD 0.00 491.34 0.00 491.34 0.00 0.00 0.93350000 0.66925310 DORIS RI FED PsUD 3 - 14498 Ps-UD 0.00 491.24 0.00 491.24 0.00 0.00 0.93350000 0.66925310 DORIS RI FED PsUD 4 - 15319 Ps-UD 0.00 487.51 0.00 487.51 0.00 0.00 0.85166667 0.63454647 EDMONDSON FED PsUD 2 - 15434 Ps-UD 0.00 476.73 0.00 476.73 0.00 0.00 0.36449006 0.29462921 EVERETTE OO PsUD 4 - 13857 Ps-UD 0.00 500.47 0.00 500.47 0.00 0.00 1.00000000 0.84500000 EVERETTE OO PsUD 9 - 14547 Ps-UD 0.00 500.39 0.00 500.39 0.00 0.00 1.00000000 0.84500000 FINCH FEE PsUD 2 - 14328 Ps-UD 0.00 688.21 0.00 688.21 0.00 0.00 0.72000000 0.56250000 FINCH FEE PsUD 3 - 14329 Ps-UD 0.00 687.96 0.00 687.96 0.00 0.00 0.72000000 0.56250000 GENEVE UI COM PsUD 1 - 15356 Ps-UD 0.00 484.47 0.00 484.47 0.00 0.00 0.79583333 0.66866317 GINGER XZ FED PsUD 1 - 14468 Ps-UD 0.00 499.97 0.00 499.97 0.00 0.00 1.00000000 0.82500000 GLOBE MN FED PsUD 4 - 14459 Ps-UD 0.00 490.60 0.00 490.60 0.00 0.00 0.91532538 0.76922400 GRAFA RW PsUD 2 - 13867 Ps-UD 0.00 499.89 0.00 499.89 0.00 0.00 1.00000000 0.82500000 GRYNBERG 17 FED COM PsUD 1 - 15387 Ps-UD 0.00 480.73 0.00 480.73 0.00 0.00 0.62916667 0.52741317 GRYNBERG LZ STATE PsUD 1 - 15423 Ps-UD 0.00 476.98 0.00 476.98 0.00 0.00 0.50000000 0.41250000 GYP MO FED PsUD 1 - 15354 Ps-UD 0.00 485.19 0.00 485.19 0.00 0.00 0.80357143 0.66361608 GYP MO FED PsUD 2 - 15355 Ps-UD 0.00 484.71 0.00 484.71 0.00 0.00 0.80357143 0.66361608 HANAGAN A FED PsUD 5 - 15226 Ps-UD 0.00 499.99 0.00 499.99 0.00 0.00 0.95619470 0.75664070 HARGROVED AFH PsUD 1 - 14169 Ps-UD 0.00 709.96 0.00 709.96 0.00 0.00 1.00000000 0.81250000 HELEN COLLINS FED COM PsUD 5 - 14399 Ps-UD 0.00 499.94 0.00 499.94 0.00 0.00 0.88519580 0.70758632 HELEN COLLINS FED COM PsUD 7 - 14401 Ps-UD 0.00 499.60 0.00 499.60 0.00 0.00 0.88519580 0.70758632 HIGGINS FED PsUD 2 - 14588 Ps-UD 0.00 494.38 0.00 494.38 0.00 0.00 0.99000000 0.75940250 HIGGINS FED PsUD 4 - 14596 Ps-UD 0.00 494.28 0.00 494.28 0.00 0.00 0.99000000 0.75940250 HIGGINS FED PsUD 5 - 14519 Ps-UD 0.00 493.88 0.00 493.88 0.00 0.00 0.99000000 0.75940250 HIGGINS FED PsUD 6 - 14481 Ps-UD 0.00 493.70 0.00 493.70 0.00 0.00 0.99000000 0.75940250 HIGGINS FED PsUD 7 - 15453 Ps-UD 0.00 493.29 0.00 493.29 0.00 0.00 0.99000000 0.75940250 HORSE CREEK COM PsUD 3 - 15344 Ps-UD 0.00 486.71 0.00 486.71 0.00 0.00 0.80998733 0.65501133 HORSE CREEK COM PsUD 5 - 15346 Ps-UD 0.00 486.59 0.00 486.59 0.00 0.00 0.80998733 0.65501133 HORSE CREEK COM PsUD 6 - 15459 Ps-UD 0.00 486.01 0.00 486.01 0.00 0.00 0.80998733 0.65501133 HORSE CREEK COM PsUD 7 - 15348 Ps-UD 0.00 485.90 0.00 485.90 0.00 0.00 0.80998733 0.65501133 ISLER FEE PsUD 2 - 14427 Ps-UD 0.00 498.77 0.00 498.77 0.00 0.00 0.77752850 0.58264638 JESS FED PsUD 1 - 14555 Ps-UD 0.00 496.21 0.00 496.21 0.00 0.00 0.99496000 0.78027360 27

GROSS ULTIMATE, REMAINING AND CUMULATIVE RESERVES and EVALUATED INTERESTS TABLE 11 As of 07/01/2023 Reserve Ultimate Oil Ultimate Gas Rem Oil Rem Gas Cum Oil Cum Gas Working Interest Revenue Interest Lease Name Category (MBbls) (MMcf) (MBbls) (MMcf) (MBbls) (MMcf) Decimal Decimal JILL FED PsUD 1 - 14246 Ps-UD 0.00 709.39 0.00 709.39 0.00 0.00 1.00000000 0.75000000 JILL FED PsUD 2 - 14247 Ps-UD 0.00 709.23 0.00 709.23 0.00 0.00 1.00000000 0.75000000 LEEMAN PsUD 2 - 14205 Ps-UD 0.00 708.70 0.00 708.70 0.00 0.00 1.00000000 0.75000000 LEEMAN PsUD 3 - 14206 Ps-UD 0.00 708.54 0.00 708.54 0.00 0.00 1.00000000 0.75000000 LEEMAN PsUD 7 - 14232 Ps-UD 0.00 707.99 0.00 707.99 0.00 0.00 1.00000000 0.75000000 LEEMAN PsUD 8 - 14233 Ps-UD 0.00 707.83 0.00 707.83 0.00 0.00 1.00000000 0.75000000 LEEMAN PsUD 9 - 14234 Ps-UD 0.00 707.27 0.00 707.27 0.00 0.00 1.00000000 0.75000000 LILLIE RB FED PsUD 1 - 15506 Ps-UD 0.00 482.38 0.00 482.38 0.00 0.00 0.75868750 0.66276560 LILLIE RB FED PsUD 2 - 15507 Ps-UD 0.00 481.74 0.00 481.74 0.00 0.00 0.75868750 0.66276560 LISA FED PsUD 6 - 14338 Ps-UD 0.00 685.93 0.00 685.93 0.00 0.00 0.55922874 0.39545871 LORETTA BBO STATE COM PsUD 2 - 15241 Ps-UD 0.00 707.11 0.00 707.11 0.00 0.00 1.00000000 0.85936810 LORETTA BBO STATE COM PsUD 3 - 14190 Ps-UD 0.00 706.54 0.00 706.54 0.00 0.00 1.00000000 0.85936810 LUTHER BBN FED COM PsUD 1 - 13861 Ps-UD 0.00 499.46 0.00 499.46 0.00 0.00 1.00000000 0.85888671 MARGARET RQ STATE PsUD 3 - 13821 Ps-UD 0.00 499.37 0.00 499.37 0.00 0.00 1.00000000 0.82500000 MARGARET RQ STATE PsUD 4 - 13822 Ps-UD 0.00 499.28 0.00 499.28 0.00 0.00 1.00000000 0.82500000 MARGARET RQ STATE PsUD 5 - 13823 Ps-UD 0.00 498.84 0.00 498.84 0.00 0.00 1.00000000 0.82500000 MARGARET RQ STATE PsUD 7 - 13825 Ps-UD 0.00 498.76 0.00 498.76 0.00 0.00 1.00000000 0.82500000 MCCLELLANN MB PsUD 4 - 13874 Ps-UD 0.00 489.31 0.00 489.31 0.00 0.00 0.88000000 0.66900000 MCKAY-HARVEY FED PsUD 1 - 15296 Ps-UD 0.00 700.09 0.00 700.09 0.00 0.00 0.99596680 0.74889469 MCKAY-HARVEY FED PsUD 10 - 15258 Ps-UD 0.00 699.89 0.00 699.89 0.00 0.00 0.99596680 0.74889469 MCKAY-HARVEY FED PsUD 11 - 15256 Ps-UD 0.00 699.21 0.00 699.21 0.00 0.00 0.99596680 0.74889469 MCKAY-HARVEY FED PsUD 12 - 15257 Ps-UD 0.00 699.01 0.00 699.01 0.00 0.00 0.99596680 0.74889469 MCKAY-HARVEY FED PsUD 12 - 14275.5 Ps-UD 0.00 698.31 0.00 698.31 0.00 0.00 0.99596680 0.74889469 MCKAY-HARVEY FED PsUD 4 - 14272 Ps-UD 0.00 698.10 0.00 698.10 0.00 0.00 0.99596680 0.74889469 MCKAY-HARVEY FED PsUD 5 - 14273 Ps-UD 0.00 697.39 0.00 697.39 0.00 0.00 0.99596680 0.74889469 MCKAY-HARVEY FED PsUD 9 - 15255 Ps-UD 0.00 697.19 0.00 697.19 0.00 0.00 0.99596680 0.74889469 MIKE HARVEY TR FED PsUD 2 - 15467 Ps-UD 0.00 488.86 0.00 488.86 0.00 0.00 0.87500000 0.75813300 MIKE HARVEY TR FED PsUD 3 - 15306 Ps-UD 0.00 488.64 0.00 488.64 0.00 0.00 0.87500000 0.75813300 MIKE HARVEY TR FED PsUD 4 - 15307 Ps-UD 0.00 488.19 0.00 488.19 0.00 0.00 0.87500000 0.75813300 MM FED PsUD 12 - 14268 Ps-UD 0.00 706.37 0.00 706.37 0.00 0.00 1.00000000 0.75000000 MM FED PsUD 5 - 14261 Ps-UD 0.00 705.79 0.00 705.79 0.00 0.00 1.00000000 0.75000000 MM FED PsUD 6 - 14262 Ps-UD 0.00 705.62 0.00 705.62 0.00 0.00 1.00000000 0.75000000 MM FED PsUD 7 - 14263 Ps-UD 0.00 705.02 0.00 705.02 0.00 0.00 1.00000000 0.75000000 MOUNTAIN VR FED COM PsUD 4 - 14170 Ps-UD 0.00 704.85 0.00 704.85 0.00 0.00 1.00000000 0.82890000 O'CONNELL VX FED PsUD 2 - 14502 Ps-UD 0.00 490.71 0.00 490.71 0.00 0.00 0.93125000 0.72187480 PAULETTE PV STATE PsUD 2 - 13871 Ps-UD 0.00 498.32 0.00 498.32 0.00 0.00 1.00000000 0.84500000 PAULETTE PV STATE PsUD 4 - 13873 Ps-UD 0.00 498.23 0.00 498.23 0.00 0.00 1.00000000 0.84500000 PENJACK FED PsUD 3 - 14282 Ps-UD 0.00 696.45 0.00 696.45 0.00 0.00 0.98875000 0.74156250 PLAINS QN COM PsUD 1 - 15510 Ps-UD 0.00 476.85 0.00 476.85 0.00 0.00 0.49400000 0.40614453 PLAINS QN COM PsUD 8 - 15402 Ps-UD 0.00 480.08 0.00 480.08 0.00 0.00 0.57862500 0.48896875 28

GROSS ULTIMATE, REMAINING AND CUMULATIVE RESERVES and EVALUATED INTERESTS TABLE 11 As of 07/01/2023 Reserve Ultimate Oil Ultimate Gas Rem Oil Rem Gas Cum Oil Cum Gas Working Interest Revenue Interest Lease Name Category (MBbls) (MMcf) (MBbls) (MMcf) (MBbls) (MMcf) Decimal Decimal POWERS OL FED PsUD 11 - 15385 Ps-UD 0.00 481.62 0.00 481.62 0.00 0.00 0.71428571 0.60000000 POWERS OL FED PsUD 12 - 15386 Ps-UD 0.00 481.50 0.00 481.50 0.00 0.00 0.71428571 0.60000000 POWERS OL FED PsUD 2 - 15374 Ps-UD 0.00 480.86 0.00 480.86 0.00 0.00 0.71428571 0.60000000 RED ROCK FED PsUD 4 - 15471 Ps-UD 0.00 487.40 0.00 487.40 0.00 0.00 0.81875000 0.69174475 RED ROCK FED PsUD 5 - 15472 Ps-UD 0.00 486.83 0.00 486.83 0.00 0.00 0.81875000 0.69174475 REDMAN OY STATE PsUD 10 - 13835 Ps-UD 0.00 497.87 0.00 497.87 0.00 0.00 1.00000000 0.86600000 REDMAN OY STATE PsUD 9 - 13834 Ps-UD 0.00 497.68 0.00 497.68 0.00 0.00 1.00000000 0.86600000 RIVER BRIDGE UX STATE PsUD 1 - 15276 Ps-UD 0.00 693.29 0.00 693.29 0.00 0.00 0.88020833 0.74624547 RIVER BRIDGE UX STATE PsUD 6 - 14310 Ps-UD 0.00 692.50 0.00 692.50 0.00 0.00 0.88020833 0.74624547 RIVER BRIDGE UX STATE PsUD 7 - 14311 Ps-UD 0.00 692.26 0.00 692.26 0.00 0.00 0.88020833 0.74624547 ROSE FED PsUD 14 - 15311 Ps-UD 0.00 488.08 0.00 488.08 0.00 0.00 0.87500000 0.67687498 SAHARA ZY COM PsUD 1 - 14322 Ps-UD 0.00 690.40 0.00 690.40 0.00 0.00 0.83333333 0.69062503 SAJARA ZY COM PsUD 1 - 15277 Ps-UD 0.00 690.16 0.00 690.16 0.00 0.00 0.82031250 0.70316410 SAJARA ZY COM PsUD 2 - 15278 Ps-UD 0.00 689.32 0.00 689.32 0.00 0.00 0.82031250 0.70316410 SAJARA ZY COM PsUD 3 - 15279 Ps-UD 0.00 689.08 0.00 689.08 0.00 0.00 0.82031250 0.70316410 SELDEN BDN COM PsUD 1 - 15252 Ps-UD 0.00 704.07 0.00 704.07 0.00 0.00 1.00000000 0.80125000 SELDEN BDN COM PsUD 1 - 14199 Ps-UD 0.00 704.24 0.00 704.24 0.00 0.00 1.00000000 0.80125000 SELDEN BDN COM PsUD 15 - 14305 Ps-UD 0.00 696.24 0.00 696.24 0.00 0.00 0.88126400 0.71721673 SELDEN BDN COM PsUD 16 - 14317 Ps-UD 0.00 691.46 0.00 691.46 0.00 0.00 0.88020833 0.74624547 SELDEN BDN COM PsUD 17 - 15275 Ps-UD 0.00 691.23 0.00 691.23 0.00 0.00 0.88020833 0.74624547 SELDEN BDN COM PsUD 2 - 14200 Ps-UD 0.00 703.45 0.00 703.45 0.00 0.00 1.00000000 0.80125000 SELDEN BDN COM PsUD 3 - 14201 Ps-UD 0.00 703.26 0.00 703.26 0.00 0.00 1.00000000 0.80125000 SELDEN BDN COM PsUD 3 - 15273 Ps-UD 0.00 695.49 0.00 695.49 0.00 0.00 0.88126400 0.71721673 SELDEN BDN COM PsUD 4 - 14202 Ps-UD 0.00 702.63 0.00 702.63 0.00 0.00 1.00000000 0.80125000 SELDEN BDN COM PsUD 5 - 14203 Ps-UD 0.00 702.45 0.00 702.45 0.00 0.00 1.00000000 0.80125000 SMERNOFF NL STATE COM PsUD 3 - 15496 Ps-UD 0.00 485.31 0.00 485.31 0.00 0.00 0.80998733 0.65501133 SMERNOFF NL STATE PsUD 1 - 15420 Ps-UD 0.00 477.81 0.00 477.81 0.00 0.00 0.52364285 0.43019856 SMERNOFF NL STATE PUD 2 - 15421 Ps-UD 0.00 477.68 0.00 477.68 0.00 0.00 0.52364285 0.43019856 SPRINGER TK STATE COM PsUD 10 - 15443 Ps-UD 0.00 497.32 0.00 497.32 0.00 0.00 1.00000000 0.86600000 SPRINGER TK STATE COM PsUD 11 - 15444 Ps-UD 0.00 497.14 0.00 497.14 0.00 0.00 1.00000000 0.86600000 SPRINGER TK STATE COM PUD 10 - 15440 Ps-UD 0.00 496.77 0.00 496.77 0.00 0.00 1.00000000 0.86000000 STEWART FED PsUD 2 - 14376 Ps-UD 0.00 500.37 0.00 500.37 0.00 0.00 0.99225000 0.76675125 STEWART FED PsUD 5 - 14379 Ps-UD 0.00 500.03 0.00 500.03 0.00 0.00 0.99225000 0.76675125 SUMMERS COM PsUD 15 - 14293 Ps-UD 0.00 695.28 0.00 695.28 0.00 0.00 0.88126400 0.71528407 SUMMERS COM PsUD 18 - 15247 Ps-UD 0.00 701.80 0.00 701.80 0.00 0.00 1.00000000 0.79545200 SUMMERS COM PsUD 19 - 15267 Ps-UD 0.00 694.51 0.00 694.51 0.00 0.00 0.88126400 0.71528407 SUMMERS COM PsUD 2 - 14193 Ps-UD 0.00 701.61 0.00 701.61 0.00 0.00 1.00000000 0.79545200 SUMMERS COM PsUD 21 - 15269 Ps-UD 0.00 694.29 0.00 694.29 0.00 0.00 0.88126400 0.71528407 SUMMERS COM PsUD 24 - 15280 Ps-UD 0.00 687.08 0.00 687.08 0.00 0.00 0.70159200 0.58521990 SUMMERS COM PsUD 26 - 15282 Ps-UD 0.00 686.83 0.00 686.83 0.00 0.00 0.70159200 0.58521990 29

GROSS ULTIMATE, REMAINING AND CUMULATIVE RESERVES and EVALUATED INTERESTS TABLE 11 As of 07/01/2023 Reserve Ultimate Oil Ultimate Gas Rem Oil Rem Gas Cum Oil Cum Gas Working Interest Revenue Interest Lease Name Category (MBbls) (MMcf) (MBbls) (MMcf) (MBbls) (MMcf) Decimal Decimal SUMMERS COM PsUD 3 - 14194 Ps-UD 0.00 700.95 0.00 700.95 0.00 0.00 1.00000000 0.79545200 SUMMERS COM PsUD 5 - 15246 Ps-UD 0.00 700.77 0.00 700.77 0.00 0.00 1.00000000 0.79545200 SUMMERS COM PsUD 9 - 14177 Ps-UD 0.00 693.52 0.00 693.52 0.00 0.00 0.88126400 0.71528407 SUZANNE FED PsUD 1 - 14353 Ps-UD 0.00 684.76 0.00 684.76 0.00 0.00 0.48456536 0.38886371 TECKLA MD FED PsUD 4 - 14523.5 Ps-UD 0.00 496.68 0.00 496.68 0.00 0.00 1.00000000 0.84500000 TROUT FED COM PsUD 3 - 15484 Ps-UD 0.00 479.95 0.00 479.95 0.00 0.00 0.56875000 0.44039060 TROUT FED COM PsUD 3 - 15487 Ps-UD 0.00 479.16 0.00 479.16 0.00 0.00 0.57862500 0.44039060 TROUT FED COM PsUD 5 - 15407 Ps-UD 0.00 479.42 0.00 479.42 0.00 0.00 0.57862500 0.44039060 TYRELL FED COM PsUD 2 - 14340 Ps-UD 0.00 685.67 0.00 685.67 0.00 0.00 0.49085364 0.37500000 VANCE FED PsUD 1 - 15231 Ps-UD 0.00 499.16 0.00 499.16 0.00 0.00 0.86763890 0.63983230 VANCE FED PsUD 2 - 15232 Ps-UD 0.00 498.85 0.00 498.85 0.00 0.00 0.86763890 0.63983230 WHEELER AEE FED PsUD 6 - 15206 Ps-UD 0.00 501.10 0.00 501.10 0.00 0.00 1.00000000 0.82500000 WHEELER AFE FED PsUD 10 - 14371 Ps-UD 0.00 501.06 0.00 501.06 0.00 0.00 1.00000000 0.82500000 WHEELER AFE FED PsUD 12 - 15221 Ps-UD 0.00 500.78 0.00 500.78 0.00 0.00 1.00000000 0.82500000 WHEELER AFE FED PsUD 7 - 14368 Ps-UD 0.00 500.70 0.00 500.70 0.00 0.00 1.00000000 0.82500000 WHEELER AFE FED PsUD 9 - 14370 Ps-UD 0.00 500.41 0.00 500.41 0.00 0.00 1.00000000 0.82500000 0.00 150,900.07 0.00 150,900.07 0.00 0.00 Possible Reserve Class 0.00 150,900.07 0.00 150,900.07 0.00 0.00 Total Proved + Probable + Possible 6,812.17 764,002.28 1,849.43 529,235.34 4,962.74 234,766.94 30