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HomeMy WebLinkAboutCO 701 HCONSERVATION ORDER 701H 1. February 1, 2023 Hilcorp’s Spacing Exception Application for Paxton 12, Pearl 10 and 11 Wells 2. February 2, 2023 Public Hearing Notice, Affidavit of Publication, Email list 3. February 16, 2023 Public comment from Tricia Waggoner 4. April 18, 2023 Hilcorp request to produce 5. April 26. 2023 AOGCC letter re: request to produce 6. December 15, 2023 Hilcorp request to release escrow account funds (CO 701H.001) 7. ----------------- Email chain (CO 701H.001) 8. October 25, 2024 Hilcorp escrow release request (CO 701H.002) 9. October 28, 2024 escrow release request follow up (CO 701H.002) STATE OF ALASKA ALASKA OIL AND GAS CONSERVATION COMMISSION 333 West 7th Avenue Anchorage, Alaska 99501 Re: THE APPLICATION OF Hilcorp Alaska, LLC for a spacing exception to drill, complete, test, and produce the proposed Pearl 11 well in the Pearl Undefined Gas Pool within 1,500 feet of a property line where the owners and landowners are not the same on both sides of the line and in the Ninilchik Beluga/Tyonek Gas Pool within 1,500 feet from the exterior boundary of the Affected Area of Conservation Order 701C, pursuant to 20 AAC 25.055 and Rule 3 of CO701C. ) ) ) ) ) ) ) ) ) ) ) Docket Number: CO-23-001 Conservation Order 701H Pearl 11 Development Gas Well Pearl Prospect near Ninilchik, AK Kenai Peninsula Borough, Alaska April 18, 2023 IT APPEARING THAT: 1. Hilcorp Alaska, LLC (Hilcorp) by letter received February 1, 2023, filed an application with the Alaska Oil and Gas Conservation Commission (AOGCC) for an exception to the spacing requirements of 20 AAC 25.055 and Conservation Order 701C (CO 701C) to drill, complete, test, and produce the Paxton 12, Pearl 10, and Pearl 11 wells 1 in an undefined gas pool (herein termed the “Pearl Undefined Gas Pool”) and the Ninilchik Beluga/Tyonek Gas Pool within 1,500 feet of a property line where the owners and landowners are not the same on both sides of the line, and within 1,500 feet from the exterior boundary of the Affected Area of CO 701C, pursuant to 20 AAC 25.055(d) and Rule 3 of CO 701C, Cook Inlet Basin, Kenai Peninsula Borough, Alaska. 2. Pursuant to 20 AAC 25.540, the AOGCC tentatively scheduled a public hearing for March 9, 2023. On February 2, 2023, the AOGCC published notice of the opportunity for that hearing on the State of Alaska’s Online Public Notice website and on the AOGCC’s website, electronically transmitted the notice to all persons on the AOGCC’s email distribution list and mailed printed copies of the notice to all persons on the AOGCC’s mailing distribution list. On February 5, 2023, the AOGCC published the notice in the Anchorage Daily News. 3. Hilcorp sent, by certified mail, notice of the application to all owners, landowners, and operators of all properties within 3,000 feet of the entire Pearl 11 well path and provided to the AOGCC a copy of the notice, addresses to which notices were delivered, and U.S. Postal Service tracking information for each certified mailing. 4. No request for a public hearing was received, and no public comments were submitted. 5. Hilcorp’s application provided sufficient information upon which to make an informed decision. 1 For clarity of record, this CO addresses only the proposed Pearl 11 well. Hilcorp’s request for Paxton 12 was approved in CO 701F. Hilcorp’s request for proposed well Pearl 10 was approved in CO 701G. CO 701H April 18, 2023 Page 2 of 4 PURPOSE AND NEED FOR THIS ORDER: Well spacing regulations protect the oil and gas rights of adjacent landowners and maximize resource recovery by establishing default limits on how close, under the land's surface, oil and gas wells can be to property lines where ownership changes hands. These limits are set forth in a regulation, 20 AAC 25.055. Operators must abide by the default limits unless they apply for, and obtain, an exception to those limits. Although exceptions to the default limits are not unusual, AOGCC carefully evaluates each application, and typically grants them only when actual geologic conditions demonstrate that the proposed subsurface location of a well is necessary to reach otherwise unreachable oil or gas and that both the rights of adjacent landowners and underground drinking water can be protected. As a general matter, AOGCC does not have extensive authority over surface impacts such as noise, emissions, or construction. FINDINGS: 1. Hilcorp is operator for the proposed onshore Pearl 11 development well located within Kenai Peninsula Borough, on the east side of the Cook Inlet Basin near Ninilchik, Alaska. Surface Location: Non-Unit Tract 243 (100% Private Ownership) 324’ FNL, 714’ FEL, Section 23, T01S, R14W, Seward Meridian (S.M.) Planned Wellbore Non-Unit Tracts 165 and 375 (100% Private Ownership) Path Passes Through: Section 14, T01S, R14W, Seward Meridian (S.M.) Bottom-hole Location: Ninilchik Unit Tract 8 (100% State – ADL 384372) 2434’ FNL, 957’ FEL, Section 14, T01S, R14W, S.M. 2. Hilcorp owns 100% Working Interest in the affected oil and gas leases and is currently operator of Ninilchik Unit. The Pearl 11 well path lies within tracts that are 100% privately owned subsurface. The State of Alaska owns 100% of the mineral interest in the affected lands located offshore in lease ADL 384372 and onshore in that same lease. For the affected tracts, Hilcorp provided a schedule that details ownership within 3,000 feet of the Pearl 11 well. 3. Regulation 20 AAC 25.055 governs well spacing for the Pearl Undefined Gas Pool and CO 701C governs well spacing for the Ninilchik Beluga/Tyonek Gas Pool. Effective September 27, 2022, House Bill 349 changed the portions of Alaska Statute 31.05.100 that govern spacing between wells in a pool. Those changes eliminated interwell spacing requirements, but property line set-back requirements still remain in effect. 4. Following completion of Pearl 11, Hilcorp proposes that production be allocated in accordance with DNR’s Unit and Participating Area (PA) decisions, once approved by the State. Copies of the State decision and PA allocation schedule will be provided to AOGCC upon approval. 5. Hilcorp proposes to allocate royalties to all leased owners/landowners based on their tract allocation percentages, mineral ownership, and lease royalty shown on the approved PA allocation schedule. Hilcorp will establish and maintain, without costs to the CO 701H April 18, 2023 Page 3 of 4 non-participating owners/landowners, a single, interest-bearing escrow account for the non-participation owners/landowners and will provide documentation to AOGCC that the Escrow Account has been established. 6. Pearl 11 targets unproven reserves in the Beluga and Tyonek formations within the Pearl Undefined Gas Pool and within the Ninilchik Beluga/Tyonek Pool. These drilling objectives cannot be reached by conforming to applicable statewide spacing regulations because of the narrow, discontinuous, and lenticular nature of the reservoir sands and their most prospective locations on the subsurface structure. 7. If operated as required, drilling, testing, completion, and regular production of Pearl 11 will not cause waste or result in an increased risk of fluid movement into freshwater. CONCLUSIONS: 1. An exception to the well spacing provisions of 20 AAC 25.055 and CO 701C is necessary to allow drilling, completion, testing and regular production of the Pearl Undefined Gas Pool and Ninilchik Beluga/Tyonek Gas Pool within the Pearl 11 development gas well in order to maximize ultimate resource recovery. 2. Granting an exception to the well spacing provisions of 20 AAC 25.055 and CO 701C for Pearl 11 will not result in waste or jeopardize correlative rights of adjoining or nearby owners, is based on sound engineering and geoscience principles, and will not result in an increased risk of fluid movement into freshwater. NOW THEREFORE IT IS ORDERED: 1. The AOGCC grants Hilcorp’s February 1, 2023 application for an exception to the well spacing provisions of 20 AAC 25.055 and CO 701C allowing Hilcorp to drill, complete, test, and produce Pearl 11 well in the Pearl Undefined Gas Pool within 1,500 feet of a property line where the owners and landowners are not the same on both sides of the line and in the Ninilchik Beluga/Tyonek Gas Pool within 1,500 feet from the exterior boundary of the Affected Area of CO 701C, pursuant to 20 AAC 25.055 and Rule 3 of CO 701C. Hilcorp may proceed and must comply with all applicable laws and all other legal requirements. 2. No production may occur absent AOGCC approval of allocation of production. In addition, Hilcorp will establish and maintain, without costs to the non-participating owners/landowners, a single, interest-bearing escrow account for the non-participation owners/landowners and will provide documentation to AOGCC that the Escrow Account has been established. DONE at Anchorage, Alaska and dated April 18, 2023. Jessie L. Chmielowski Gregory C. Wilson Commissioner Commissioner Gregory Wilson Digitally signed by Gregory Wilson Date: 2023.04.18 13:22:33 -08'00' Jessie L. Chmielowski Digitally signed by Jessie L. Chmielowski Date: 2023.04.18 14:07:56 -08'00' CO 701H April 18, 2023 Page 4 of 4 RECONSIDERATION AND APPEAL NOTICE As provided in AS 31.05.080(a), within 20 days after written notice of the entry of this order or decision, or such further time as the AOGCC grants for good cause shown, a person affected by it may file with the AOGCC an application for reconsideration of the matter determined by it. If the notice was mailed, then the period of time shall be 23 days. An application for reconsideration must set out the respect in which the order or decision is believed to be erroneous. The AOGCC shall grant or refuse the application for reconsideration in whole or in part within 10 days after it is filed. Failure to act on it within 10 days is a denial of reconsideration. If the AOGCC denies reconsideration, upon denial, this order or decision and the denial of reconsideration are FINAL and may be appealed to superior court. The appeal MUST be filed within 33 days after the date on which the AOGCC mails, OR 30 days if the AOGCC otherwise distributes, the order or decision denying reconsideration, UNLESS the denial is by inaction, in which case the appeal MUST be filed within 40 days after the date on which the application for reconsideration was filed. If the AOGCC grants an application for reconsideration, this order or decision does not become final. Rather, the order or decision on reconsideration will be the FINAL order or decision of the AOGCC, and it may be appealed to superior court. That appeal MUST be filed within 33 days after the date on which the AOGCC mails, OR 30 days if the AOGCC otherwise distributes, the order or decision on reconsideration. In computing a period of time above, the date of the event or default after which the designated period begins to run is not included in the period; the last day of the period is included, unless it falls on a weekend or state holiday, in which event the period runs until 5:00 p.m. on the next day that does not fall on a weekend or state holiday. From:Carlisle, Samantha J (OGC) To:AOGCC_Public_Notices Subject:Conservation Order 701H (Hilcorp) Date:Tuesday, April 18, 2023 2:17:00 PM Attachments:co701h.pdf THE APPLICATION OF Hilcorp Alaska, LLC for a spacing exception to drill, complete, test, and produce the proposed Pearl 11 well in the Pearl Undefined Gas Pool within 1,500 feet of a property line where the owners and landowners are not the same on both sides of the line and in the Ninilchik Beluga/Tyonek Gas Pool within 1,500 feet from the exterior boundary of the Affected Area of Conservation Order 701C, pursuant to 20 AAC 25.055 and Rule 3 of CO701C. Samantha Carlisle Special Assistant Alaska Oil and Gas Conservation Commission 333 West 7th Avenue Anchorage, AK 99501 (907) 793-1223 Bernie Karl K&K Recycling Inc. P.O. Box 58055 Fairbanks, AK 99711 Žƒ•ƒ‹Žƒ† ƒ• ‘•‡”˜ƒ–‹‘‘‹••‹‘ 333 West Seventh Avenue Anchorage, Alaska 99501-3572 Main: 907.279.1433 Fax: 907.276.7542 www.aogcc.alaska.gov ADMINISTRATIVE APPROVALS CONSERVATION ORDER NO. 701F.001 CONSERVATION ORDER NO. 701G.001 CONSERVATION ORDER NO. 701H.001 Mr. Cody Terrell Sr. Landman Hilcorp Alaska, LLC 3800 Centerpoint Drive, Suite 1400 Anchorage, AK 99503 Re: Docket Number: CO-24-006 Request to Release Escrow Account Funds Ninilchik Unit Paxton 12, Pearl 10, and Pearl 11 Exploration Wells Dear Mr. Terrell: By letter dated December 15, 2023 (December 15 Letter), Hilcorp Alaska, LLC (Hilcorp) requested that the Alaska Oil and Gas Conservation Commission (AOGCC) release escrowed funds for the Ninilchik Unit (NU) wells Paxton 12 (API No. 50-133-20710-00-00), Pearl 10 (API No. 50-133-20711-00-00), and Pearl 11 (API No. 50-133-20712-00-00) wells. All three wells required spacing exceptions to be allowed to drill because they were within 1,500 feet of a property line within the NU where the owners and landowners were not the same on both sides of the property line, additionally the wells were within 1,500 feet of the exterior boundary of the NU. Spacing exceptions, with conditions, were approved for all three wells by Conservation Order No. (CO) 701F (Issued on March 15, 2023, for Paxton 12), CO 701G (issued on April 7, 2023, for Pearl 10), and CO 701H (issued on April 18, 2023, for Pearl 11). The condition applied to the Paxton 12 and Pearl 10 wells in CO 701F and CO 701G respectively states: No production may occur absent AOGCC approval of allocation of production. In addition, Hilcorp will establish and maintain, without costs to the non-participating owners/landowners, a single, interest-bearing escrow account for the non-participation owners/landowners and will provide documentation to AOGCC that the Escrow Account has been established. The operator shall escrow funds related to production from this well in accordance with Rule 4 of CO 701C. Rule 4 of CO 701C states: The operator shall establish an interest-bearing escrow account (Escrow Account) in a financial institution located in Alaska and (a) whose deposits are insured by an agency of the federal government or (b) that is subject to regulation by the State of Alaska’s Division Docket Number: CO-24-006 February 6, 2024 Page 2 of 3 Department of Commerce, Community and Economic Development, Division of Banking and Securities. The operator shall pay all fees and costs associated with the Escrow Account. The Escrow Account shall be subject to the condition that no funds may be disbursed from the account except by written order of the AOGCC. The operator shall provide the AOGCC with documentation sufficient to show that the Escrow Account has been established in accordance with the requirements of this order. No later than the 10th day of each month (or the next business day if the 10th day falls on a weekend or legal holiday), the operator shall deposit in the Escrow Account an amount equal to 100 percent of the total gas sales attributable to the tract for which the Escrow Account was established during the previous month multiplied by the prevailing value for Cook Inlet gas published for that month's quarter by the Alaska Department of Revenue under 15 AAC 55.173(b) less operating expenses. However, a lesser amount may be deposited in the Escrow Account upon written agreement between the operator and the owner of the uncommitted tract. The condition applied to the Pearl 11 well by CO 701H states: No production may occur absent AOGCC approval of allocation of production. In addition, Hilcorp will establish and maintain, without costs to the non-participating owners/landowners, a single, interest-bearing escrow account for the non-participation owners/landowners and will provide documentation to AOGCC that the Escrow Account has been established. By letter dated April 18, 2023, Hilcorp requested permission to produce the three wells under a tract operation approved by the State of Alaska, Department of Natural Resources (DNR). By letter dated April 26, 2023, the AOGCC approved this request on the following conditions: 1) Since a tract allocation schedule has not yet been established, 12.5% of the total value of the production from these wells must be paced in the interest-bearing escrow account; and 2) The AOGCC must authorize disbursements from the escrow account before they can be made. In its December 15 Letter Hilcorp provided evidence that the Director of Oil and Gas for DNR had approved an expansion of the NU and the creation of the Pearl Participating Area (Pearl PA) and that a tract allocation for the Pearl PA had been established. On January 22, 2024, Hilcorp provided new exhibits for the NU and Pearl PA that were updated after revisions were made to them. By email dated January 26, 2023, Hilcorp provided notice to the AOGCC that the tract allocation schedule for the Pearl PA had changed slightly and provided the new tract allocation. In the email Hilcorp also requested to: …pull out all the funds currently in the Escrow account and disburse the money and interest to all owners accordingly. Any unleased owners allocated royalty would then be paid back into the account by owner. This would allow us to track how much money is being paid into the account for each unleased owner. Hilcorp has demonstrated that the Pearl PA has been established with allocation factors assigned to all tracts within the PA boundary. As such, the money that was placed into escrow when production occurred prior to the establishment of tract allocations can now be distributed to its Docket Number: CO-24-006 February 6, 2024 Page 3 of 3 rightful owners. Hilcorp’s proposed method of distribution, namely pulling out all the money in escrow, paying all the parties that have leases their rightful share, and redepositing the monies that are rightfully the share of the unleased tracts by owner will allow Hilcorp to payout the lessors that are committed to the NU and have better accounting on what each of the non-committed landowners are entitled to in the escrow account. NOW THEREFORE IT IS ORDERED THAT: Hilcorp’s request to withdraw money from the escrow account in order to pay the parties that are committed to the NU their rightful share of revenue plus the interest that has accrued in the escrow account and to redeposit the uncommitted parties’ share of the revenue plus interest that has accrued into the escrow fund by party is APPROVED under the following conditions. 1) Monies must be paid out in accordance with the table provide with the January 26, 2024, email. 2) Hilcorp must provide documentation that the monies allocated to the noncommitted parties has been redeposited in the escrow account. 3) Hilcorp must continue to deposit monies into the escrow account for each uncommitted party each month in accordance with the procedures set forth in the Ninilchik Beluga/Tyonek Gas Pool Rules as set forth in CO 701 as amended. 4) If there are any fees associated with the disbursement of this money those fees must be borne by Hilcorp alone. Please contact Dave Roby of our staff at 907-793-1232 or dave.roby@alaska.gov if you have any questions on this approval. DONE at Anchorage, Alaska and dated February 6, 2024. Jessie L. Chmielowski Brett W. Huber, Sr Chair, Commissioner Commissioner RECONSIDERATION AND APPEAL NOTICE As provided in AS 31.05.080(a), within 20 days after written notice of the entry of this order or decision, or such further time as the AOGCC grants for good cause shown, a person affected by it may file with the AOGCC an application for reconsideration of the matter determined by it. If the notice was mailed, then the period of time shall be 23 days. An application for reconsideration must set out the respect in which the order or decision is believed to be erroneous. The AOGCC shall grant or refuse the application for reconsideration in whole or in part within 10 days after it is filed. Failure to act on it within 10-days is a denial of reconsideration. If the AOGCC denies reconsideration, upon denial, this order or decision and the denial of reconsideration are FINAL and may be appealed to superior court. The appeal MUST be filed within 33 days after the date on which the AOGCC mails, OR 30 days if the AOGCC otherwise distributes, the order or decision denying reconsideration, UNLESS the denial is by inaction, in which case the appeal MUST be filed within 40 days after the date on which the application for reconsideration was filed. If the AOGCC grants an application for reconsideration, this order or decision does not become final. Rather, the order or decision on reconsideration will be the FINAL order or decision of the AOGCC, and it may be appealed to superior court. That appeal MUST be filed within 33 days after the date on which the AOGCC mails, OR 30 days if the AOGCC otherwise distributes, the order or decision on reconsideration. In computing a period of time above, the date of the event or default after which the designated period begins to run is not included in the period; the last day of the period is included, unless it falls on a weekend or state holiday, in which event the period runs until 5:00 p.m. on the next day that does not fall on a weekend or state holiday. Jessie L. Chmielowski Digitally signed by Jessie L. Chmielowski Date: 2024.02.06 11:39:16 -09'00' Brett W. Huber, Sr. Digitally signed by Brett W. Huber, Sr. Date: 2024.02.06 11:46:23 -09'00' From:Carlisle, Samantha J (OGC) To:AOGCC_Public_Notices Subject:Re: [AOGCC_Public_Notices] Conservation Orders 701F.001, 701G.001, 701H.001 (Hilcorp) Date:Tuesday, February 6, 2024 11:58:25 AM Attachments:co 701f.001 701g.001 701h.001.pdf Please use this one. From: Carlisle, Samantha J (OGC) <samantha.carlisle@alaska.gov> Sent: Tuesday, February 6, 2024 11:48 AM To: AOGCC_Public_Notices <AOGCC_Public_Notices@list.state.ak.us> Subject: [AOGCC_Public_Notices] Conservation Orders 701F.001, 701G.001, 701H.001 (Hilcorp) Docket Number: CO-24-006 Request to Release Escrow Account Funds Ninilchik Unit Paxton 12, Pearl 10, and Pearl 11 Exploration Wells Samantha Carlisle Special Assistant Alaska Oil and Gas Conservation Commission 333 West 7th Avenue Anchorage, AK 99501 (907) 793-1223 __________________________________ List Name: AOGCC_Public_Notices@list.state.ak.us You subscribed as: samantha.carlisle@alaska.gov Unsubscribe at: https://list.state.ak.us/mailman/options/aogcc_public_notices/samantha.carlisle%40alaska.gov __________________________________ List Name: AOGCC_Public_Notices@list.state.ak.us You subscribed as: samantha.carlisle@alaska.gov Unsubscribe at: https://list.state.ak.us/mailman/options/aogcc_public_notices/samantha.carlisle%40alaska.gov Alaska Oil and Gas Conservation Commission 333 West Seventh Avenue Anchorage, Alaska 99501-3572 Main: 907.279.1433 Fax: 907.276.7542 www.aogcc.alaska.gov ADMINISTRATIVE APPROVALS CONSERVATION ORDER 701F.002 CONSERVATION ORDER 701G.002 CONSERVATION ORDER 701H.002 Mr. Luke Suchecki Landman Hilcorp Alaska, LLC 3800 Centerpoint Drive, Suite 1400 Anchorage, AK 99503 Re: Docket Number: CO-24-014 Request to Release Escrow Account Funds Tracts 243, 375, and 376 Pearl Participating Area Ninilchik Unit Dear Mr. Suchecki: By email dated October 16, 2024, Hilcorp Alaska, LLC (Hilcorp) requested that the Alaska Oil and Gas Conservation Commission (AOGCC) release escrowed funds for the portions of Tracts 243, 375, and 376, as described in the Pearl Participating Area (Pearl PA) Tract Allocation Table dated January 22, 2024, owned by Steven M. Wackowski and Theresa Wackowski (the Wackowskis). Prior to establishment of the Pearl PA the AOGCC required Hilcorp to deposit 12.5% of the total value of production from Ninilchik Unit (NU) wells Paxton 12 (API No. 50-133-20710-00-00), Pearl 10 (API No. 50-133-20711-00-00), and Pearl 11 (API No. 50-133-20712-00-00) wells. After the Pearl PA was established the AOGCC authorized Hilcorp to pay out monies to the mineral interest owners in the Pearl PA that had already leased their lands to Hilcorp and maintain escrow accounts for any mineral interest owners who had not yet leased their lands to Hilcorp. The Wackowskis own mineral interests in 4 tracts within the Pearl PA boundary, the three tracts listed above where their share was unleased as of the formation of the Pearl PA, and Tract 165 where their share was leased at the time the Pearl PA was established. In its request to release the Wackowskis share of escrowed funds for the three subject tracts, Hilcorp provided proof that an oil and gas lease between Hilcorp and the Wackowskis that covered all three tracts was recorded in the Homer, Alaska Recording District on August 13, 2024. Since the Wackowskis’ share of Tracts 243, 375, and 376 are now leased to Hilcorp, Docket Number: CO-24-014 October 29, 2024 Page 2 of 2 WKH $2*&&AUTHORIZES Hilcorp to release the Wackowskis’ share of the escrowed funds to the Wackowskis and to pay out future royalties to the Wackowskis in accordance with the lease terms. This order DOES NOT relieve Hilcorp of its obligation to continue escrowing monies related to any tracts or portions thereof that it does not have a valid lease with the mineral interest owner(s). Please contact Dave Roby of our staff at 907-793-1232 or dave.roby@alaska.gov if you have any questions on this approval. DONE at Anchorage, Alaska and dated October 29, 2024. Jessie L. Chmielowski Gregory C. Wilson Commissioner Commissioner RECONSIDERATION AND APPEAL NOTICE As provided in AS 31.05.080(a), within 20 days after written notice of the entry of this order or decision, or such further time as the AOGCC grants for good cause shown, a person affected by it may file with the AOGCC an application for reconsideration of the matter determined by it. If the notice was mailed, then the period of time shall be 23 days. An application for reconsideration must set out the respect in which the order or decision is believed to be erroneous. The AOGCC shall grant or refuse the application for reconsideration in whole or in part within 10 days after it is filed. Failure to act on it within 10-days is a denial of reconsideration. If the AOGCC denies reconsideration, upon denial, this order or decision and the denial of reconsideration are FINAL and may be appealed to superior court. The appeal MUST be filed within 33 days after the date on which the AOGCC mails, OR 30 days if the AOGCC otherwise distributes, the order or decision denying reconsideration, UNLESS the denial is by inaction, in which case the appeal MUST be filed within 40 days after the date on which the application for reconsideration was filed. If the AOGCC grants an application for reconsideration, this order or decision does not become final. Rather, the order or decision on reconsideration will be the FINAL order or decision of the AOGCC, and it may be appealed to superior court. That appeal MUST be filed within 33 days after the date on which the AOGCC mails, OR 30 days if the AOGCC otherwise distributes, the order or decision on reconsideration. In computing a period of time above, the date of the event or default after which the designated period begins to run is not included in the period; the last day of the period is included, unless it falls on a weekend or state holiday, in which event the period runs until 5:00 p.m. on the next day that does not fall on a weekend or state holiday. Jessie L. Chmielowski Digitally signed by Jessie L. Chmielowski Date: 2024.10.28 18:29:34 -06'00' Gregory Wilson Digitally signed by Gregory Wilson Date: 2024.10.29 03:50:17 -08'00' From:Coldiron, Samantha J (OGC) To:AOGCC_Public_Notices Subject:[AOGCC_Public_Notices] Conservation Order 701F.002, 701G.002, 701H.002 (Hilcorp) Date:Tuesday, October 29, 2024 8:34:10 AM Attachments:co 701f.002 701g.002 701h.002.pdf Docket Number: CO-24-014 Request to Release Escrow Account Funds Tracts 243, 375, and 376 Pearl Participating Area Ninilchik Unit Samantha Coldiron AOGCC Special Assistant Alaska Oil and Gas Conservation Commission 333 West 7th Avenue Anchorage, AK 99501 (907) 793-1223 __________________________________ List Name: AOGCC_Public_Notices@list.state.ak.us You subscribed as: samantha.coldiron@alaska.gov Unsubscribe at: https://list.state.ak.us/mailman/options/aogcc_public_notices/samantha.coldiron%40alaska.go v 9 CAUTION: External sender. DO NOT open links or attachments from UNKNOWN senders. From:Luke Suchecki To:Roby, David S (OGC) Cc:Coldiron, Samantha J (OGC) Subject:RE: [EXTERNAL] RE: Stephen M. and Theresa Wackowski - Escrow Release Request Date:Monday, October 28, 2024 12:51:51 PM Mr. Roby, I should have done that grunt work for you – yessir, I show the Wackowski interest described in that attached Memorandum of Oil and Gas Lease recorded August 13, 2024, in the Homer Recordation District to be in the four (4) tracts referenced in your email dated October 25th below. Please contact me with any questions. Luke Suchecki Hilcorp Alaska, LLC Landman 3800 Centerpoint Drive, Suite 1400 Anchorage, Alaska 99503 Direct: (907) 777-8432 Mobile: (907) 217-9729 Email: luke.suchecki@hilcorp.com This document may contain information that is privileged, confidential and exempt from disclosure under applicable law. If you are not the intended recipient, you are on notice that any unauthorized disclosure, copying, distribution, or taking of any action in reliance on the contents of this document is prohibited. From: Roby, David S (OGC) <dave.roby@alaska.gov> Sent: Monday, October 28, 2024 9:54 AM To: Luke Suchecki <Luke.Suchecki@hilcorp.com> Cc: Coldiron, Samantha J (OGC) <samantha.coldiron@alaska.gov> Subject: [EXTERNAL] RE: Stephen M. and Theresa Wackowski - Escrow Release Request Hi Luke, We’ve got a escrow release pretty much done, just wanted to verify which tracts it will apply to. Thanks, Dave Roby Senior Reservoir Engineer Alaska Oil and Gas Conservation Commission 907-793-1232 From: Roby, David S (OGC) Sent: Friday, October 25, 2024 3:36 PM To: Luke Suchecki <Luke.Suchecki@hilcorp.com> Cc: Coldiron, Samantha J (OGC) <samantha.coldiron@alaska.gov> Subject: RE: Stephen M. and Theresa Wackowski - Escrow Release Request Hi Luke, Looking at the Pearl PA tract listing that was submitted in December 2023, it appears the Wackowski’s have four tracts of land that are within the PA boundaries. Tract 165 – which the Wackowski’s own 46.150% of the mineral interest and is under lease to Hilcorp via Leas No. HAK# 1031157 Tract 243 – Which the Wackowski’s own 46.150% of the mineral interest Tract 375 – Which the Wackowski’s own 46.150% of the mineral interest Tract 376 – Which the Wackowski’s own 50% of the mineral interest I just want to make sure that I am reading things correctly and that the Memorandum of Oil and Gas Lease that was recorded in Homer on August 13, 2024, covers Tracts 243, 375, & 376. Is this correct? Thanks, Dave Roby Senior Reservoir Engineer Alaska Oil and Gas Conservation Commission 907-793-1232 From: Luke Suchecki <Luke.Suchecki@hilcorp.com> Sent: Friday, October 25, 2024 11:19 AM To: Roby, David S (OGC) <dave.roby@alaska.gov> Subject: RE: Stephen M. and Theresa Wackowski - Escrow Release Request CAUTION: This email originated from outside the State of Alaska mail system. Do not click links or open attachments unless you recognize the sender and know the content is safe. Good Morning Mr. Roby, Any word on the below? Luke Suchecki Hilcorp Alaska, LLC Landman 3800 Centerpoint Drive, Suite 1400 Anchorage, Alaska 99503 Direct: (907) 777-8432 Mobile: (907) 217-9729 Email: luke.suchecki@hilcorp.com This document may contain information that is privileged, confidential and exempt from disclosure under applicable law. If you are not the intended recipient, you are on notice that any unauthorized disclosure, copying, distribution, or taking of any action in reliance on the contents of this document is prohibited. From: Luke Suchecki Sent: Wednesday, October 16, 2024 9:55 AM To: dave.roby@alaska.gov Subject: Stephen M. and Theresa Wackowski - Escrow Release Request Good Morning Mr. Roby, This email follows up on our discussion earlier this week about the release of monies held in escrow for Stephen M. and Theresa Wackowski. It’s my understanding that only the AOGCC can provide said “release” to the escrow account holder, and that further, the AOGCC was awaiting recordation the lease. Attached, please find a fully executed and recorded copy of the Memorandum of Oil and Gas Lease dated August 1, 2024. As I’m stepping in to this matter so close to the finish line, I’m unsure of all the specific surrounding details; however, can you please advise if there are any other outstanding items on Hilcorp’s end to wrap this up and finalize the release? Please contact me with any questions. Luke Suchecki Landman Hilcorp Alaska, LLC 3800 Centerpoint Drive, Suite 1400 Anchorage, Alaska 99503 Direct: (907) 777-8432 Mobile: (907) 217-9729 Email: luke.suchecki@hilcorp.com This document may contain information that is privileged, confidential and exempt from disclosure under applicable law. If you are not the intended recipient, you are on notice that any unauthorized disclosure, copying, distribution, or taking of any action in reliance on the contents of this document is prohibited. The information contained in this email message is confidential and may be legally privileged and is intended only for the use of theindividual or entity named above. If you are not an intended recipient or if you have received this message in error, you are herebynotified that any dissemination, distribution, or copy of this email is strictly prohibited. If you have received this email in error, pleaseimmediately notify us by return email or telephone if the sender's phone number is listed above, then promptly and permanently deletethis message. While all reasonable care has been taken to avoid the transmission of viruses, it is the responsibility of the recipient to ensure that theonward transmission, opening, or use of this message and any attachments will not adversely affect its systems or data. No responsibilityis accepted by the company in this regard and the recipient should carry out such virus and other checks as it considers appropriate. The information contained in this email message is confidential and may be legally privileged and is intended only for the use of theindividual or entity named above. If you are not an intended recipient or if you have received this message in error, you are herebynotified that any dissemination, distribution, or copy of this email is strictly prohibited. If you have received this email in error, pleaseimmediately notify us by return email or telephone if the sender's phone number is listed above, then promptly and permanently deletethis message. While all reasonable care has been taken to avoid the transmission of viruses, it is the responsibility of the recipient to ensure that the onward transmission, opening, or use of this message and any attachments will not adversely affect its systems or data. No responsibility is accepted by the company in this regard and the recipient should carry out such virus and other checks as it considers appropriate. 8 CAUTION: This email originated from outside the State of Alaska mail system. Do not click links or open attachments unless you recognize the sender and know the content is safe. You don't often get email from luke.suchecki@hilcorp.com. Learn why this is important From:Roby, David S (OGC) To:Coldiron, Samantha J (OGC) Subject:FW: Stephen M. and Theresa Wackowski - Escrow Release Request Date:Friday, October 25, 2024 3:17:28 PM Attachments:8-01-2024 - Memo OGL - Recorded.pdf 2-06-2024 - Administrative Approvals - Docket No. CO-24-0006.pdf Sam, Please docket this as a CO and assign it to me. Thanks, Dave Roby Senior Reservoir Engineer Alaska Oil and Gas Conservation Commission 907-793-1232 From: Luke Suchecki <Luke.Suchecki@hilcorp.com> Sent: Wednesday, October 16, 2024 9:55 AM To: Roby, David S (OGC) <dave.roby@alaska.gov> Subject: Stephen M. and Theresa Wackowski - Escrow Release Request Good Morning Mr. Roby, This email follows up on our discussion earlier this week about the release of monies held in escrow for Stephen M. and Theresa Wackowski. It’s my understanding that only the AOGCC can provide said “release” to the escrow account holder, and that further, the AOGCC was awaiting recordation the lease. Attached, please find a fully executed and recorded copy of the Memorandum of Oil and Gas Lease dated August 1, 2024. As I’m stepping in to this matter so close to the finish line, I’m unsure of all the specific surrounding details; however, can you please advise if there are any other outstanding items on Hilcorp’s end to wrap this up and finalize the release? Please contact me with any questions. Luke Suchecki Landman Hilcorp Alaska, LLC 3800 Centerpoint Drive, Suite 1400 Anchorage, Alaska 99503 Direct: (907) 777-8432 Mobile: (907) 217-9729 Email: luke.suchecki@hilcorp.com This document may contain information that is privileged, confidential and exempt from disclosure under applicable law. If you are not the intended recipient, you are on notice that any unauthorized disclosure, copying, distribution, or taking of any action in reliance on the contents of this document is prohibited. The information contained in this email message is confidential and may be legally privileged and is intended only for the use of theindividual or entity named above. If you are not an intended recipient or if you have received this message in error, you are herebynotified that any dissemination, distribution, or copy of this email is strictly prohibited. If you have received this email in error, pleaseimmediately notify us by return email or telephone if the sender's phone number is listed above, then promptly and permanently deletethis message. While all reasonable care has been taken to avoid the transmission of viruses, it is the responsibility of the recipient to ensure that theonward transmission, opening, or use of this message and any attachments will not adversely affect its systems or data. No responsibilityis accepted by the company in this regard and the recipient should carry out such virus and other checks as it considers appropriate. 7 CAUTION: External sender. DO NOT open links or attachments from UNKNOWN senders. From:Cody Terrell To:Roby, David S (OGC) Cc:Christianson, Grace K (OGC); Carlisle, Samantha J (OGC); Davies, Stephen F (OGC) Subject:RE: [EXTERNAL] RE: Request to Release Escrow Account Funds Date:Thursday, February 1, 2024 9:00:42 AM Attachments:FW Updated and Revised Ninilchik Unit Pearl PA Exhibits.msg Pax 12, Pearl 10 & 11_Request_to_Produce_Approval 4-26-23.pdf Dave, See my comments and questions below in red. Also to clarify, the “Disbursement Decimal” you see on the spreadsheet is the Net Royalty Interest (“NRI”) for each owner. The way this is calculated is directly from the attached Exhibits, as follows: (Tract Allocation Factor) x (Mineral Owner Interest) x (Royalty Percentage from Lease) = Net Royalty Interest (NRI) Please confirm whether email confirmation from DNR will work. I can ask DNR to respond via email and approve the submitted Pearl PA Exhibits, which are used to calculate the final NRI for each owner. Please let me know if you have any questions I am happy to jump on a call to walk thru the calculations. Regards, Cody T. Terrell Landman Hilcorp Alaska, LLC Direct: 907-777-8432 Cell: 832-422-2003 This email may contain confidential and / or privileged information and is intended for the recipient(s) only. In the event you receive this message in error, please notify me and delete the message. From: Roby, David S (OGC) <dave.roby@alaska.gov> Sent: Wednesday, January 31, 2024 6:56 PM To: Cody Terrell <cterrell@hilcorp.com> Cc: Christianson, Grace K (OGC) <grace.christianson@alaska.gov>; Carlisle, Samantha J (OGC) <samantha.carlisle@alaska.gov>; Davies, Stephen F (OGC) <steve.davies@alaska.gov> Subject: RE: [EXTERNAL] RE: Request to Release Escrow Account Funds Hi Cody, I have a few requests related to this matter: 1. Do you have something from the DNR showing they agree with the numbers in the spreadsheet you attached to your January 26, 2023, email? I do not but I can reach out and get something. Will email confirmation from DNR work? That should be the quickest method for confirmation. 2. Do you have a revised Exhibit C shown the new tract allocations? I sent this to AOGCC on January 22, 2024 at the time of submittal to DNR. I attached the email to this response. 3. It’s not entirely clear to me why there’s an overpayment into the escrow account. Could you please explain where that comes from? The overpayment is due to allocating all 12.5% of royalties coming from the Paxton 12, Pearl 10, and Pearl 11 wells as directed by AOGCC (see attached letter). As detailed on the spreadsheet, only 0.68965% of the proceeds from Pearl production should have went into the Escrow. This 0.68965% is the total Net Royalty Interest for all the unleased owners within the approved Pearl PA. Since we were required to put 12.5% of production into the account, this resulted in an overpayment going into Escrow. 4. Please explain what the deductions shown in the spreadsheet you sent with the email are for. When we allocated the royalties to the Unit tract and into Escrow, we initially deducted costs for transportation, processing, marketing, etc. Once we received approval of the Ninilchik Unit expansion and Pearl PA, we realized the Ninilchik Unit Agreement did not allow for us to take deductions even though our private leases allowed for it. So when we did our rebooking’s, we needed to credit these deductions back to the owners. So, the $283,493.89 you see as “Deductions” were taken out of the initial allocations, but now being paid back to the mineral owners in accordance with the Ninilchik Unit Agreement. Thanks in advance. Regards, Dave Roby (907)793-1232 From: Cody Terrell <cterrell@hilcorp.com> Sent: Friday, January 26, 2024 1:51 PM To: Roby, David S (OGC) <dave.roby@alaska.gov> Cc: Christianson, Grace K (OGC) <grace.christianson@alaska.gov>; Carlisle, Samantha J (OGC) <samantha.carlisle@alaska.gov>; Davies, Stephen F (OGC) <steve.davies@alaska.gov> Subject: RE: [EXTERNAL] RE: Request to Release Escrow Account Funds Hi Dave, After discussions with DNR, there were some minor adjustments to the PA acreage which ultimately changed all landowners allocations slightly. Attached to this email is the revised and final royalty allocation to each leased and unleased landowner. As you can see, Hilcorp has overallocated money into the escrow account and will need to withdraw funds for reallocation purposes. The desired method is to pull out all the funds currently in the Escrow account and disburse the money and interest to all owners accordingly. Any unleased owners allocated royalty would then be paid back into the account by owner. This would allow us to track how much money is being paid into the account for each unleased owner. CAUTION: External sender. DO NOT open links or attachments from UNKNOWN senders. As of now, additional escrow payments into the account are on hold since we have overpaid the account. Once we can access the funds and withdraw we will be able to allocate the correct amount of unleased landowner payments into the Escrow account. Please let me know if you have any questions. Regards, Cody T. Terrell Landman Hilcorp Alaska, LLC Direct: 907-777-8432 Cell: 832-422-2003 This email may contain confidential and / or privileged information and is intended for the recipient(s) only. In the event you receive this message in error, please notify me and delete the message. From: Roby, David S (OGC) <dave.roby@alaska.gov> Sent: Wednesday, January 24, 2024 1:02 PM To: Cody Terrell <cterrell@hilcorp.com> Cc: Christianson, Grace K (OGC) <grace.christianson@alaska.gov>; Carlisle, Samantha J (OGC) <samantha.carlisle@alaska.gov>; Davies, Stephen F (OGC) <steve.davies@alaska.gov> Subject: RE: [EXTERNAL] RE: Request to Release Escrow Account Funds Hi Cody, At the moment I don’t think we need anything else from Hilcorp. We haven’t forgotten about this request, we’re just insanely busy. We’ll get a response to you as soon as we can. Regards, Dave Roby (907)793-1232 From: Cody Terrell <cterrell@hilcorp.com> Sent: Wednesday, January 24, 2024 12:42 PM To: Roby, David S (OGC) <dave.roby@alaska.gov> Cc: Christianson, Grace K (OGC) <grace.christianson@alaska.gov>; Carlisle, Samantha J (OGC) <samantha.carlisle@alaska.gov>; Davies, Stephen F (OGC) <steve.davies@alaska.gov> Subject: RE: [EXTERNAL] RE: Request to Release Escrow Account Funds Hi Dave, I just wanted to follow up on this. We are needing written permission to disburse the funds in the CAUTION: External sender. DO NOT open links or attachments from UNKNOWN senders. Pearl Escrow account in accordance with the approved unit exhibits. Do you need anything else from Hilcorp to get this request processed? Regards, Cody T. Terrell Landman Hilcorp Alaska, LLC Direct: 907-777-8432 Cell: 832-422-2003 This email may contain confidential and / or privileged information and is intended for the recipient(s) only. In the event you receive this message in error, please notify me and delete the message. From: Cody Terrell <cterrell@hilcorp.com> Sent: Wednesday, January 3, 2024 10:19 AM To: Davies, Stephen F (OGC) <steve.davies@alaska.gov> Cc: Christianson, Grace K (OGC) <grace.christianson@alaska.gov>; Roby, David S (OGC) <dave.roby@alaska.gov>; Carlisle, Samantha J (OGC) <samantha.carlisle@alaska.gov> Subject: RE: [EXTERNAL] RE: Request to Release Escrow Account Funds Thank you. Regards, Cody T. Terrell Landman Hilcorp Alaska, LLC Direct: 907-777-8432 Cell: 832-422-2003 This email may contain confidential and / or privileged information and is intended for the recipient(s) only. In the event you receive this message in error, please notify me and delete the message. From: Davies, Stephen F (OGC) <steve.davies@alaska.gov> Sent: Wednesday, January 3, 2024 10:17 AM To: Cody Terrell <cterrell@hilcorp.com> Cc: Christianson, Grace K (OGC) <grace.christianson@alaska.gov>; Roby, David S (OGC) <dave.roby@alaska.gov>; Carlisle, Samantha J (OGC) <samantha.carlisle@alaska.gov> Subject: RE: [EXTERNAL] RE: Request to Release Escrow Account Funds Cody, I’ll look into this for you. Cheers and Be Well, Steve Davies AOGCC CONFIDENTIALITY NOTICE: This e-mail message, including any attachments, contains information from the Alaska Oil and Gas Conservation Commission (AOGCC), State of Alaska and is for the sole use of the intended recipient(s). It may contain confidential and/or privileged information. The unauthorized review, use or disclosure of such information may violate state or federal law. If you are an unintended recipient of this e-mail, please delete it, without first saving or forwarding it, and, so that the AOGCC is aware of the mistake in sending it to you, contact Steve Davies at 907-793-1224 or steve.davies@alaska.gov From: Cody Terrell <cterrell@hilcorp.com> Sent: Wednesday, January 3, 2024 10:12 AM To: Davies, Stephen F (OGC) <steve.davies@alaska.gov> Cc: Christianson, Grace K (OGC) <grace.christianson@alaska.gov>; Roby, David S (OGC) <dave.roby@alaska.gov>; Carlisle, Samantha J (OGC) <samantha.carlisle@alaska.gov> Subject: RE: [EXTERNAL] RE: Request to Release Escrow Account Funds Steve, I see Dave is out and I was hoping you could help me out. Dave previously said he wanted to see the escrow amounts going into escrow before AOGCC gave written authorization. I attached a spreadsheet breaking down the reallocations and which unleased interested will go to escrow. Can AOGCC please provide written authorization to disburse funds from the escrow account? The plan is to take the funds currently in the escrow account, including interest, and reallocate this to each leased and unleased owner. This will result in some money going back in. This will allow us to reallocate the interest to owners and also account for what each unleased owner is getting paid. Can you please keep this spreadsheet confidential as it displays volumes produced and payments made that are not released to the public? Regards, Cody T. Terrell Landman Hilcorp Alaska, LLC Direct: 907-777-8432 Cell: 832-422-2003 This email may contain confidential and / or privileged information and is intended for the recipient(s) only. In the event you receive this message in error, please notify me and delete the message. From: Cody Terrell Sent: Monday, December 18, 2023 4:02 PM To: Roby, David S (OGC) <dave.roby@alaska.gov>; Carlisle, Samantha J (OGC) <samantha.carlisle@alaska.gov> Cc: Davies, Stephen F (OGC) <steve.davies@alaska.gov> CAUTION: External sender. DO NOT open links or attachments from UNKNOWN senders. Subject: RE: [EXTERNAL] RE: Request to Release Escrow Account Funds Yes I agree. The unleased interests will go into Escrow. We will write checks each month for each unleased owner and send it to the Escrow account. This is the most accurate way we can track how much each owner has in the account. Right now we have a lump sum going into the account each month. In order to accurately reallocate and track, we are requesting that the lump sum payments be withdrawn and we will reallocate the royalties for each individual unleased owner back into the account. If we don’t we well make payments into the account on top of the lump sum already in there. Will this method work for AOGCC? Regards, Cody T. Terrell Landman Hilcorp Alaska, LLC Direct: 907-777-8432 Cell: 832-422-2003 This email may contain confidential and / or privileged information and is intended for the recipient(s) only. In the event you receive this message in error, please notify me and delete the message. From: Roby, David S (OGC) <dave.roby@alaska.gov> Sent: Monday, December 18, 2023 3:57 PM To: Cody Terrell <cterrell@hilcorp.com>; Carlisle, Samantha J (OGC) <samantha.carlisle@alaska.gov> Cc: Davies, Stephen F (OGC) <steve.davies@alaska.gov> Subject: [EXTERNAL] RE: Request to Release Escrow Account Funds According to the tract allocation schedule for the Pearl PA that Hilcorp provided there’s still uncommitted acreage (approximately 15.5 acres or 2.5% of the total PA area) within the PA boundary so I think the escrow account needs to continue for those tracts. I think we’ve usually asked for the actual amount each part is going to get before we release funds from escrow. Dave Roby (907)793-1232 From: Cody Terrell <cterrell@hilcorp.com> Sent: Friday, December 15, 2023 3:20 PM To: Carlisle, Samantha J (OGC) <samantha.carlisle@alaska.gov> Cc: Davies, Stephen F (OGC) <steve.davies@alaska.gov>; Roby, David S (OGC) <dave.roby@alaska.gov> Subject: Request to Release Escrow Account Funds CAUTION: This email originated from outside the State of Alaska mail system. Do not click links or open attachments unless you recognize the sender and know the content is safe. Samantha, Please see Hilcorp Alaska, LLC’s request to release the funds in the Pearl PA Escrow Account. Regards, Cody T. Terrell | Landman | Hilcorp Alaska, LLC O: 907-777-8432 | C: 832-422-2003 | cterrell@hilcorp.com 3800 Centerpoint Dr., Suite 1400 | Anchorage | Alaska | 99503 This email may contain confidential and / or privileged information and is intended for the recipient(s) only. In the event you receive this message in error, please notify me and delete the message. The information contained in this email message is confidential and may be legally privileged and is intended only for the use of theindividual or entity named above. If you are not an intended recipient or if you have received this message in error, you are herebynotified that any dissemination, distribution, or copy of this email is strictly prohibited. If you have received this email in error, please immediately notify us by return email or telephone if the sender's phone number is listed above, then promptly and permanently delete this message. While all reasonable care has been taken to avoid the transmission of viruses, it is the responsibility of the recipient to ensure that theonward transmission, opening, or use of this message and any attachments will not adversely affect its systems or data. No responsibilityis accepted by the company in this regard and the recipient should carry out such virus and other checks as it considers appropriate. The information contained in this email message is confidential and may be legally privileged and is intended only for the use of theindividual or entity named above. If you are not an intended recipient or if you have received this message in error, you are herebynotified that any dissemination, distribution, or copy of this email is strictly prohibited. If you have received this email in error, pleaseimmediately notify us by return email or telephone if the sender's phone number is listed above, then promptly and permanently deletethis message. While all reasonable care has been taken to avoid the transmission of viruses, it is the responsibility of the recipient to ensure that the onward transmission, opening, or use of this message and any attachments will not adversely affect its systems or data. No responsibility is accepted by the company in this regard and the recipient should carry out such virus and other checks as it considers appropriate. The information contained in this email message is confidential and may be legally privileged and is intended only for the use of theindividual or entity named above. If you are not an intended recipient or if you have received this message in error, you are herebynotified that any dissemination, distribution, or copy of this email is strictly prohibited. If you have received this email in error, pleaseimmediately notify us by return email or telephone if the sender's phone number is listed above, then promptly and permanently deletethis message. While all reasonable care has been taken to avoid the transmission of viruses, it is the responsibility of the recipient to ensure that theonward transmission, opening, or use of this message and any attachments will not adversely affect its systems or data. No responsibilityis accepted by the company in this regard and the recipient should carry out such virus and other checks as it considers appropriate. The information contained in this email message is confidential and may be legally privileged and is intended only for the use of the individual or entity named above. If you are not an intended recipient or if you have received this message in error, you are hereby notified that any dissemination, distribution, or copy of this email is strictly prohibited. If you have received this email in error, please immediately notify us by return email or telephone if the sender's phone number is listed above, then promptly and permanently delete this message. While all reasonable care has been taken to avoid the transmission of viruses, it is the responsibility of the recipient to ensure that theonward transmission, opening, or use of this message and any attachments will not adversely affect its systems or data. No responsibilityis accepted by the company in this regard and the recipient should carry out such virus and other checks as it considers appropriate. The information contained in this email message is confidential and may be legally privileged and is intended only for the use of theindividual or entity named above. If you are not an intended recipient or if you have received this message in error, you are herebynotified that any dissemination, distribution, or copy of this email is strictly prohibited. If you have received this email in error, pleaseimmediately notify us by return email or telephone if the sender's phone number is listed above, then promptly and permanently deletethis message. While all reasonable care has been taken to avoid the transmission of viruses, it is the responsibility of the recipient to ensure that the onward transmission, opening, or use of this message and any attachments will not adversely affect its systems or data. No responsibilityis accepted by the company in this regard and the recipient should carry out such virus and other checks as it considers appropriate. 6 NINILCHIK UNIT APPROVAL OF THE THIRD APPLICATION TO EXPAND THE NINILCHIK UNIT AND PARTIAL APPROVAL OF THE APPLICATION TO FORM THE PEARL PARTICIPATING AREA Findings and Decision of the Director of the Division of Oil and Gas Under a Delegation of Authority from the Commissioner of the State of Alaska Department of Natural Resources DECEMBER 12, 2023 CONTENTS I. INTRODUCTION AND DECISION SUMMARY ............................................................................. 3 II. APPLICATION AND LEASE SUMMARY ....................................................................................... 3 III. DISCUSSION OF DECISION CRITERIA ......................................................................................... 4 A. Decision Criteria considered under 11 AAC 83.303(b) ................................................................ 5 1. Environmental Costs and Benefits ................................................................................................ 5 3. Plans of Development ................................................................................................................... 8 4. The Economic Costs and Benefits to the State and Other Relevant Factors ................................. 8 B. Decision Criteria considered under 11 AAC 83.303(a) ................................................................ 8 1. Promote the Conservation of All Natural Resources .................................................................... 8 2. The Prevention of Economic and Physical Waste ........................................................................ 8 3. The Protection of All Parties of Interest, Including the State ....................................................... 9 IV. FINDINGS AND DECISION .............................................................................................................. 9 A. The Conservation of All Natural Resources ................................................................................. 9 B. The Prevention of Economic and Physical Waste ...................................................................... 10 C. The Protection of All Parties in Interest, Including the State...................................................... 10 V. Attachments ........................................................................................................................................ 11 1. Ninilchik Unit Proposed Exhibit A: Description of Lands within the Unit Expansion .............. 13 2. Ninilchik Unit Proposed Exhibit B: Maps of Expansion Unit Area ........................................... 37 3. Ninilchik Unit Exhibit C: Description of Lands within the proposed Pearl PA Formation ........ 47 4. Ninilchik Unit Exhibit D: Map of the Proposed Pearl PA Formation area ................................. 57 Approval of the Application to Expand the Ninilchik Unit and Pearl PA Formation Page 3 of 58 I. INTRODUCTION AND DECISION SUMMARY The State of Alaska (State) Department of Natural Resources, Division of Oil and Gas (Division) received the Application for the Ninilchik Unit Expansion and Formation of the Pearl Participating Area (Application), on September 23, 2022 from the Ninilchik Unit (NINU) Operator, Hilcorp Alaska, LLC (Hilcorp). Currently, the NINU comprises approximately 25, 909 acres. The proposed Unit expansion area will unitize all or portions of one (1) additional State Lease (ADL 392481), and further includes various private mineral interests and leases, all in which Hilcorp owns 100% working interest. Hilcorp’s proposed expansion of the NINU, if approved, therefore would total approximately 27,027 acres. The Division has determined, however, that although Hilcorp submitted sufficient technical data to justify the expansion of the Ninilchik Unit boundary, the technical data justifies a partial formation of the proposed Pearl PA. The approved NINU expansion and Pearl PA formation thus will comprise approximately 26,269 acres. Attachments 1 and 2 set out the proposed Exhibits A and B, and Attachments 3 and 4 set out the Exhibits C and D. “A unit must encompass the minimum area required to include all or part of one or more oil or gas reservoirs, or all or part of one or more potential hydrocarbon accumulations.” 11 AAC 83.356(a). Hilcorp has submitted confidential geological, geophysical, and engineering data which demonstrate that the area approved for unit expansion and participating area (PA) formation includes all or part of a gas reservoir and potential hydrocarbon accumulations. Further, “[t]he participating area may include only the land reasonably known to be underlain by hydrocarbons and known or reasonably estimated through use of geological, geophysical, or engineering data to be capable of producing or contributing to production of hydrocarbons in paying quantities...” 11 AAC 83.351. Hilcorp has submitted confidential geological, geophysical, and engineering data which demonstrate that the area approved for the Pearl PA is reasonably estimated to be capable of producing natural gas in paying quantities. The Division finds that both the approval of the NINU expansion and the partial approval of the Pearl PA promotes conservation of all natural resources, promotes the prevention of economic and physical waste, and provides for the protection of all parties of interest, including the State. AS 38.05.180(p); 11 AAC 83.303. I approve therefore the expansion of the NINU, and approve in part the Pearl PA Formation under the terms and conditions of Section IV. The retroactive effective date of this unit action is set forth at the conclusion of this decision. II. APPLICATION AND LEASE SUMMARY Hilcorp submitted the Application on September 23, 2022, and simultaneously paid the $1,500.00 for unit expansion application filing fee, in accordance with 11 AAC 83.306 and 11 AAC 05.110(d)(3)( E), The Application included: Exhibit A (Attachment 1), legally describing the proposed expanded unit area, its leases, and ownership interests; Exhibit B (Attachment 2), a map of the proposed expanded unit; Exhibit C (Attachment 3), participating area expense allocation; and Exhibit D (Attachment 4), a map of the proposed participating area. Hilcorp also submitted evidence of notice to proper parties. The Application also included confidential economic and technical data. The Division deemed the Application complete on March 2, 2023. Approval of the Application to Expand the Ninilchik Unit and Pearl PA Formation Page 4 of 58 The Division published a public notice in the Alaska Dispatch News and in the Peninsula Clarion on September 13, 2023, and the Homer News on September 14, 2023 under 11 AAC 83.311. Copies of the Application and the public notice were provided to interested parties. The Division provided public notice to, among others, the Alaska Department of Environmental Conservation, the Kenai Peninsula Borough, the City of Kenai, the Village of Tyonek, the Salamatof Native Association, Cook Inlet Region, Incorporated, the Soldotna Postmaster, and the radio station KDLL in Kenai. The notice was also published on the State of Alaska Public Notice website and the Division’s website. The public notices invited interested parties and members of the public to submit comments by October 13, 2023. The Division received no comments. Both the proposed expanded unit are summarized and fully described in Attachments 1 and 2. III. DISCUSSION OF DECISION CRITERIA A unit may be expanded to conserve the natural resources of all or a part of an oil or gas pool, field, or like area when determined and certified to be necessary or advisable in the public interest. AS 38.05.180(p). Conservation of the natural resources of all or part of an oil or gas pool, field or like area means “maximizing the efficient recovery of oil and gas and minimizing the adverse impacts on the surface and other resources.” 11 AAC 83.395(1). And, as stated previously, “[t]he participating area may include only the land reasonably known to be underlain by hydrocarbons and known or reasonably estimated through use of geological, geophysical, or engineering data to be capable of producing or contributing to production of hydrocarbons in paying quantities...” 11 AAC 83.351. The DNR Commissioner (Commissioner) reviews applications related to units under 11 AAC 83.303 - 11 AAC 83.395. By memorandum dated June 30, 2016, the Commissioner approved a revision of Department Order 003 and delegated this authority to the Division Director. The Commissioner will approve an expanded unit and formation of a participating area upon a finding that it will: (1) promote conservation of all natural resources, including all or part of an oil or gas pool, field, or like area; (2) promote the prevention of economic and physical waste; and (3) provide for the protection of all parties of interest including the State. 11 AAC 83.303(a). In evaluating these three criteria, the Commissioner will consider (1) the environmental costs and benefits of unitized exploration or development; (2) the geological and engineering characteristics of the potential hydrocarbon accumulation or reservoir proposed for unitization; (3) prior exploration activities in the proposed unit area; (4) the applicant’s plans for exploration or development of the unit area; (5) the economic costs and benefits to the State; and (6) any other relevant factors, including measures to mitigate impacts identified above, the commissioner determines necessary or advisable to protect the public interest. 11 AAC 83.303(b). A discussion of the subsection (b) criteria, as they apply to the Application, is set out directly below, followed by a discussion of the subsection (a) criteria. Approval of the Application to Expand the Ninilchik Unit and Pearl PA Formation Page 5 of 58 A. Decision Criteria considered under 11 AAC 83.303(b) 1. Environmental Costs and Benefits Both the proposed expansion and participating area is habitat for various mammals, waterfowl, and fish. Area residents may use this area for subsistence hunting and fishing. Oil and gas activity in the proposed unit area may affect some wildlife habitat and some subsistence activity. DNR develops lease stipulations through the lease sale process to mitigate the potential environmental impacts from oil and gas activity. DNR also considers environmental issues during the lease sale process, and the unit Plan of Operations approval process. Alaska statutes require DNR to give public notice and issue a written finding before disposal of the state’s oil and gas resources. AS 38.05.035(e); AS 38.05.945; 11 AAC 82.415. In the written best interest finding, the Commissioner may impose additional conditions or limitations beyond those imposed by law. AS 38.05.035(e). The NINU leases are subject to extensive mitigation measures addressing issues such siting facilities, impacts to fish and wildlife, risk from hazardous substances, fuel, and waste. Hilcorp will need to comply with these mitigation measures for operations within the unit area. Approval of the proposed NINU expansion and partial Pearl PA formation has no direct environmental impact. This decision is an administrative action and does not authorize any on-the-ground activity. The unit expansion and Pearl PA Formation do not entail any environmental costs in addition to those that may occur when permits to conduct lease-by-lease exploration or development are issued. The Unit Operator must obtain approval of a plan of operations from the State and permits from various agencies on State leases before drilling a well or wells or initiating development activities to produce reservoirs within the unit area. 11 AAC 83.346. Potential effects on the environment are analyzed when permits to conduct exploration or development in the unit area are reviewed. Hilcorp is operating under an approved plan of operations and plan of development. 2. Geological and Engineering Characteristics of the Proposed Expansion Area and Participating Area Geologic, geophysical, and engineering data submitted by Hilcorp to the Division in support of the Ninilchik Unit Expansion Application and the Pearl Participating Area Application includes interpretations of 3D seismic and magnetic response data, structure maps, formation tops, interval isopachs, net pay maps, well correlations, seismic cross sections, and production tests. All proprietary data and interpretations will be held confidential in accordance with AS 38.05.035(a)(8)(C). a. Prior Exploration and Development Activity in the Ninilchik Unit The expanded Ninilchik Unit, which includes the partial formation of the Pearl PA, will encompass approximately 26,229 acres that overlie the Ninilchik anticline (near the community of Clam Gulch to just north of the community of Ninilchik). The Ninilchik anticline is a thrust-cored fold near parallel to the Kenai Peninsula shoreline, doubly plunging to the north and south, and is segmented by several near vertical cross-cutting faults. These cross-cutting faults divide the anticline into discrete blocks, some of which contain isolated gas accumulations. The productive gas accumulations are mostly on the crest of the structure. Exploration began in the Ninilchik Unit region in the 1960’s with wells primarily targeting the oil prone Hemlock and West Foreland Formations with some exploration of the deeper Cretaceous strata. The first penetration of the Pearl structure, a southern fault block of the Ninilchik anticline, was in 1964 by the Ninilchik Unit 1 (TD 12,724 feet MD) by Mobile Oil Co. This well is on the flank of the Pearl structure, Approval of the Application to Expand the Ninilchik Unit and Pearl PA Formation Page 6 of 58 penetrated into Cretaceous age strata, and did not encounter any flowing oil or gas. This dry well provides a limitation to the Pearl Participating Area boundary. Exploration drilling continued in the 1970’s but slowed down in the 1980’s and 1990’s. Marathon then drilled and put into production the Ninilchik Unit Grassim Oskolfoff 1 well (TD 11,600 feet MD) in 2000 and reentered to sidetrack the Ninilchik Unit Falls Creek 1 well (TD original wellbore 13,795 feet MD, sidetrack 1RD TD 8,900 feet MD) in 2001. Both these wells remain in production to date. The second penetration of the Pearl structure was drilled by Unocal in 2002 to test the Tyonek Formation. The Pearl 1 well (TD 8,000 feet MD) was also along the flank of the structure and tested four intervals, but only the upper Tyonek produced hydrocarbons to the surface. Development well drilling began in the Grassim Oskolkoff, Falls Creek, and Susan Dionne regions of the Ninilchik Unit in 2001 and 2002 along with continued exploration activity. The Abalone 1 well (TD 10,356 feet MD) was drilled in 2003 and the Frances 1 well (TD 12,920 feet MD) in 2013. Further exploration of the Pearl structure occurred in 2017 with a series of stratigraphic test wells drilled by Hilcorp. With the interpretation of the stratigraphic well tests, North Ninilchik 3D seismic data, gravity and magnetic data, and field mapping along the coastline, Hilcorp drilled the Pearl 2A exploration well (TD 8,441 feet MD) in 2022, immediately followed by the Pearl 9 (TD 9,000 feet MD) and Pearl 8 (TD 9,602 feet MD) wells. Hilcorp submitted a Participating Area application in 2022, but DNR encouraged Hilcorp to drill their planned 2023 southern wells to further delineate the Participating Area. In the spring of 2023, Hilcorp drilled three development wells: the Paxton 12 across the bounding fault into the northern Pearl structure, the Pearl 10 well to the south, and the Pearl 11 well to the northwest. The aforementioned six wells have been used to define the Pearl Participating Area and have a combined average gas rate of approximately 14.8 million standard cubic feet of gas per day as of August 2023. b. Geological Characteristics Most of the discovered oil and gas accumulations within the Cook Inlet forearc basin are trapped in Late Pliocene to Pleistocene north-northeast trending asymmetric anticlines formed from right lateral transpressional deformation. Biogenic gas generated from the degradation of organic matter in Tertiary strata migrated into coal and subsequently adjoining fluvial reservoir sands during this uplift of the Ninilchik anticline. The Pearl Participating Area structure is the southern plunging limb of the Ninilchik anticline and is an asymmetric anticline bounded to the north, separating it from the Susan Dionne - Paxton Participating Area, by a northwest-southeastern high angle fault. The Paxton 6 well, using LWD logs, production, and drilling parameters, confirmed hydraulic isolation of the Pearl structure. The Tertiary fluvial reservoirs at the Pearl Participating Area are the Oligocene to Late Miocene Tyonek Formation and the Miocene Beluga Formation. The Tyonek Formation largely consists of siltstones, sandstones, and coals. The sandstone reservoirs are mostly discontinuous lenses resulting from migration of a coarse-grained meandering fluvial system. Correlation of individual sands is bounded by regional coals or confirmed by pressure measurements. The Beluga Formation represents a meandering fluvial system comprised largely of siltstones and thinner sandstones with several regionally correlative coals. The Pearl Participating Area wells are only producing from the Tyonek sandstone reservoirs. Approval of the Application to Expand the Ninilchik Unit and Pearl PA Formation Page 7 of 58 c. Tract Factor Allocation Hilcorp proposed their Pearl PA based on using an estimation of average channel widths of 2,200 feet and adding an additional 200 feet TVDSS to the lowest productive pay zone in the Tyonek creating a structural contour bounding the proposed Pearl Participating Area at 8,100 feet TVDSS. However, the assumptions used in the channel width approximation do not account for channel overbank sands or tidally influenced sands, which have been documented in the Tyonek (Flores, et al., 1997) and assumes single story (i.e., vertically isolated) channels rather than multistory (i.e., amalgamated) channels. A 1500’ radius proposed by the Division is commonly used for Cook Inlet gas accumulations based on historic data, is within the range of channel width assumptions, and calculated volumes for the Pearl 2A T146 zone. Adding 200 feet TVDSS to the lowest producing zone in the Tyonek has yet to be demonstrated with current drilling data. The Pearl 1 and Ninilchik Unit 1 wells also indicate that the lower most Tyonek is not productive to those extents. Therefore, the Division used a well drainage radius of 1,500 feet when calculating the Pearl Participating Area boundary using the circle tangent method. The circle tangent method uses a defined drainage radius, in this case 1,500 feet, around producing zones along the wellbores. An outer, maximum convex hull boundary is drawn using tangent lines from these drainage circles to represent the potential gas drainage area. Using this circle tangent method, any quarter- quarter section with greater than fifty percent of its surface area contained within the maximum convex hull will be incorporated into the Participating Area. Any quarter-quarter section with less than fifty percent within the maximum convex hull will be excluded so as not to over-allocate the periphery of the field in tract factor allocation. This surface area method for tract factor allocation, common in Cook Inlet gas fields, is often used when there are uncertainties about the oil or gas accumulation where well data or seismic data cannot yield high confidence in the distribution of oil and/or gas in the subsurface. Tract factors for the Pearl Participating Area were then calculated by taking the ratio of the surface area covered by each Participating Area tract divided by the total surface area of the Participating Area. d. Ninilchik Unit Expansion and partial Pearl PA Formation The Division determined that Hilcorp submitted sufficient technical data to justify the expansion of the Ninilchik Unit boundary and a partial Pearl PA formation, by providing depth structure maps for producing Tyonek sands, maps of structural closures of proven reservoirs, structural and stratigraphic cross sections, strike and dip seismic cross sections, well logs, and production data. Hilcorp’s proposed Unit Expansion boundary, however, went beyond its provided justification for potential hydrocarbon accumulations at Ninilchik. The Ninilchik Unit Expansion boundary, which includes the Pearl PA formation, therefore was expanded to only where Hilcorp provided sufficient evidence (i.e., well data, production data, and structural closure) of potential hydrocarbon accumulations in the Tyonek and Beluga Formations. Because the approved Ninilchik Unit Expansion boundary includes only all quarter-quarter sections that encompass the provided potential hydrocarbon accumulations, the Division has determined that expansion of the NINU boundary and formation of a partial Pearl PA is warranted. e. Conclusions The Division reviewed confidential data and interpretations provided by Hilcorp and found that the geological, geophysical, and engineering data submitted reasonably supports the expansion of the Ninilchik Unit to encompass the minimum area required to include all or part of a reservoir and all or part of one or more potential hydrocarbon accumulations 11 AAC 83.356(a). Additionally, the Division reviewed confidential data and interpretations provided by Hilcorp and found that the geological, geophysical, and engineering data submitted reasonably supports the partial formation of the Pearl PA as Approval of the Application to Expand the Ninilchik Unit and Pearl PA Formation Page 8 of 58 it includes land reasonably known is to be underlain by hydrocarbons and known or reasonably estimated to be capable of producing or contributing to the production of hydrocarbons in paying quantities. 11 AAC 83.351(a). 3. Plans of Development The Division approved the June 30, 2023 19th NINU Plan of Development (POD) for the period August 1, 2023 through June 30, 2024. In that 18th POD Hilcorp. This 19th POD, among other commitments, commits Hilcorp to the evaluation of potentially drilling 1-2 wells (Paxton 13 and Paxton 14), and evaluating and planning the addition of a potential new drill pad and Pearl Pad (depending upon drill well results from the Paxton 12, Pearl 10, and Pearl 11 wells. 4. The Economic Costs and Benefits to the State and Other Relevant Factors The expanded NINU and partial Pearl PA formation will provide economic benefits to the State through royalty and tax payments on production. Unitized development conducted under the NINU Agreement provides for development of all the unitized leases as a single lease, rather than development conducted on a lease-by-lease basis. Unitized development maximizes oil and gas recovery, promotes conservation, prevents waste, and protects all the parties of interest. B. Decision Criteria considered under 11 AAC 83.303(a) 1. Promote the Conservation of All Natural Resources A unit may be formed under AS 38.05.180(p) “[t]o conserve the natural resources of all or a part of an oil or gas pool, field, or like area.” Conservation of the natural resources of all or part of an oil or gas pool, field or like area means “maximizing the efficient recovery of oil and gas and minimizing the adverse impacts on the surface and other resources.” 11 AAC 83.395(9). The unitization of oil and gas reservoirs or accumulations and the formation and expansion of unit areas to develop hydrocarbon-bearing reservoirs or accumulations are well-accepted means of hydrocarbon conservation. Unitization, with development occurring under the terms of a unit agreement, can promote efficient evaluation and development of the State’s resources, and minimize impacts to the area’s cultural, biological, and environmental resources. Further, expansion of an existing unit, with development occurring under the terms of a unit agreement, promotes efficient evaluation and development of the State’s resources, and minimizes impacts to the area’s cultural, biological, and environmental resources. 2. The Prevention of Economic and Physical Waste Unitization, as opposed to activity on a lease-by-lease basis, may prevent economic and physical waste. Economic waste is often referred to as the drilling of wells in excess of the number necessary for the efficient recovery or delineation of the oil and gas in place. Physical waste, among other things, includes the inefficient, excessive, or improper use of, or unnecessary dissipation of, reservoir energy. Unitization may also prevent economic and physical waste by eliminating redundant expenditures for a given level of production, or by avoiding loss of ultimate recovery with the adoption of a unified reservoir management plan. Here, the approval of unit expansion and partial Pearl PA formation ensures a clear and equitable allocation of production, allowing the unit operator to place wells and make development decisions based on geologic, geophysical, and engineering data without concern for tract ownership or Approval of the Application to Expand the Ninilchik Unit and Pearl PA Formation Page 9 of 58 royalty rate. Annual approval of the NINU development activities as described in the future plans of development must also provide for the prevention of economic and physical waste. Using the NINU infrastructure and facilities further reduces, if not eliminates the need to construct stand-alone facilities. 3. The Protection of All Parties of Interest, Including the State The people of Alaska have an interest in the development of the State’s oil and gas resources to maximize the economic and physical recovery of the resources, AS 38.05.180(a). Approval of the NINU expansion and partial Pearl PA formation under future annually approved plans of development will provide for continued review and approval of Hilcorp plans to develop the NINU in a manner which will maximize economic and physical recovery. Combining interests and operating under the terms of the NINU Agreement and NINU Operating Agreement, along with the foregoing, assures an equitable allocation of costs and revenues commensurate with the resources. The NINU expansion and partial Pearl PA formation protects the economic interests of all parties, including the State. The NINU expansion and Pearl PA formation promotes the State’s economic interests, because hydrocarbon recovery will be maximized and additional production-based revenue will be derived from the increased production. Diligent exploration and development under a single approved unit plan without the complications of competing leasehold interests promotes the State’s interest. Operating under the NINU Agreement provides for accurate reporting and record keeping, State approval of plans of exploration and development and operating procedures, royalty settlement, in-kind taking, and emergency storage of oil and gas, all of which will provide for the protection of all parties, including the State (and thus Alaskans) by incorporating new information as it becomes available. IV. FINDINGS AND DECISION A. The Conservation of All Natural Resources 1. Expansion of the NINU and formation of the partially approved Pearl PA will provide for continued development of the unitized area(s) under the NINU Agreement and will maximize the efficient recovery of oil and gas and minimize the adverse impacts on the surface and other resources, including hydrocarbons, gravel, sand, water, wetlands, and valuable habitat. 2. The unitized development and operation of the leases in this expansion will reduce the amount of land and fish and wildlife habitat that would otherwise be disrupted by individual lease development. This reduction in environmental impacts and preservation of subsistence access is in the public interest. 3. There is potential for environmental impacts associated with development. All unit development must proceed according to an approved plan of development. Additionally, before undertaking any specific operations, the Unit Operator must submit a unit Plan of Operations to the Division and other appropriate state and local agencies for review and approval. The lessees may not commence any drilling or development operations until all agencies have granted the required permits. DNR may condition its approval of a unit Plan of Operations and other permits on performance of mitigation measures in addition to those in the modified leases and the Agreement, if necessary or appropriate. Compliance with mitigation measures will minimize, reduce or completely avoid adverse environmental impacts. Approval of the Application to Expand the Ninilchik Unit and Pearl PA Formation Page 10 of 58 B. The Prevention of Economic and Physical Waste 1. Hilcorp submitted geological, geophysical, and engineering data to the Division in support of the Application. Division technical staff determined that the expanded NINU area and the Pearl PA as approved herein encompasses all or part of one or more potential hydrocarbon accumulation(s). 2. The available geological, geophysical, and engineering data justify including the proposed lands, as described in Section III.A.2. of this decision. 3. The production of hydrocarbons through the existing production and processing facilities reduces the environmental impact of the additional production. Using existing facilities will avoid unnecessary duplication of development efforts on and beneath the surface. C. The Protection of All Parties in Interest, Including the State 1. The unit expansion and the Pearl PA formation as approved protects all parties’ interests including the people of Alaska who have an interest in the development of the State’s oil and gas resources to maximize the economic and physical recovery of the resources. 2. The geological, geophysical, and engineering data that Hilcorp provided reasonably justify the inclusion of the expansion NINU acreage under the terms of the applicable regulations governing formation, expansion, and operation of oil and gas units and participating areas (11 AAC 83.301–395) and the terms and conditions under which these lands were leased from the State. 3. Hilcorp provided evidence of reasonable effort to obtain joinder of any proper party to the Agreement. 4. Hilcorp holds sufficient interest in the unit area to give reasonably effective control of operations. 5. Both the unit expansion and Pearl PA formation as approved herein meet the requirements of 11 AAC 83.303. 6. The Division complied with the public notice requirements of 11 AAC 83.311. 7. The unit expansion and Pearl PA formation as approved herein will not diminish access to public and navigable waters beyond those limitations (if any) imposed by law or already contained in the oil and gas leases covered by this decision. 8. The NINU Agreement provides for additional expansions and contractions of the unit area in the future, as warranted by data obtained by exploration or otherwise. The NINU Agreement thereby protects the public interest, the rights of the parties, and the correlative rights of adjacent landowners. 9. The approved expanded unit and PA formation as approved herein is effective retroactively to September 23, 2022. Upon approval of the Pearl PA, the following currently existing accounting codes are terminated effective July 31, 2022: NK07, NK08, NK09, NK10, and NK11. Within 60 days after approval of the new allocation factors, Hilcorp shall submit revised operator reports (01 Forms) and the lessee shall submit revised royalty reports (A1 Forms) zeroing out production under these royalty accounting unit codes listed above back to the August 2022 production month, and allocate that production to Royalty Accounting Unit Code NKPL. Approval of the Application to Expand the Ninilchik Unit and Pearl PA Formation Page 11 of 58 10. Hilcorp shall submit revised Exhibits A, B, C and D, within 60 days of the issuance of this decision. Specifically, the revised exhibits shall reflect and be based upon the partially approved Pearl PA consisting of approximately 640 acres, and the partially approved NINU expansion consisting of 360 acres. Hilcorp also shall submit with the revised exhibits the tract-level spatial data corresponding to maps and legal descriptions of the NINU (including its expansion and Pearl PA formation). For the reasons discussed in this Findings and Decision, I hereby approve the NINU expansion and partially approve the Pearl PA formation. A person affected by this decision may appeal it, in accordance with 11 AAC 02. Any appeal must be received within 20 calendar days after the date of “issuance” of this decision, as defined in 11 AAC 02.040(c) and (d) and may be mailed or delivered to John C Boyle, Commissioner, Department of Natural Resources, 550 W. 7th Avenue, Suite 1400, Anchorage, Alaska 99501; faxed to 1-907-269-8918, or sent by electronic mail to dnr.appeals@alaska.gov. This decision takes effect immediately. An eligible person must first appeal this decision in accordance with 11 AAC 02 before appealing this decision to Superior Court. A copy of 11 AAC 02 may be obtained from any regional information office of the Department of Natural Resources. If you have any questions regarding this decision, contact Ken Diemer with the Division at 907-269-8784, or by email at ken.diemer@alaska.gov. ___________________________ ___________________ Derek Nottingham Date Director Division of Oil and Gas cc: Department of Law V. Attachments 1. Ninilchik Unit Proposed Exhibit A: Description of Lands within the Proposed Unit Expansion 2. Ninilchik Unit Proposed Exhibit B: Maps of Expansion Unit Area 3. Ninilchik Unit Exhibit C: Description of Lands within the proposed Pearl PA Formation 4. Ninilchik Unit Exhibit D: Map of the Proposed Pearl PA Formation area  Approval of the Application to Expand the Ninilchik Unit and Pearl PA Formation Page 12 of 58 Approval of the Application to Expand the Ninilchik Unit and Pearl PA Formation Page 13 of 58 1. Ninilchik Unit Proposed Exhibit A: Description of Lands within the Unit Expansion Approval of the Application to Expand the Ninilchik Unit and Pearl PA Formation Page 14 of 58 Approval of the Application to Expand the Ninilchik Unit and Pearl PA Formation Page 15 of 58 Approval of the Application to Expand the Ninilchik Unit and Pearl PA Formation Page 16 of 58 Approval of the Application to Expand the Ninilchik Unit and Pearl PA Formation Page 17 of 58 Approval of the Application to Expand the Ninilchik Unit and Pearl PA Formation Page 18 of 58 Approval of the Application to Expand the Ninilchik Unit and Pearl PA Formation Page 19 of 58 Approval of the Application to Expand the Ninilchik Unit and Pearl PA Formation Page 20 of 58 Approval of the Application to Expand the Ninilchik Unit and Pearl PA Formation Page 21 of 58 Approval of the Application to Expand the Ninilchik Unit and Pearl PA Formation Page 22 of 58 Approval of the Application to Expand the Ninilchik Unit and Pearl PA Formation Page 23 of 58 Approval of the Application to Expand the Ninilchik Unit and Pearl PA Formation Page 24 of 58 Approval of the Application to Expand the Ninilchik Unit and Pearl PA Formation Page 25 of 58 Approval of the Application to Expand the Ninilchik Unit and Pearl PA Formation Page 26 of 58 Approval of the Application to Expand the Ninilchik Unit and Pearl PA Formation Page 27 of 58 Approval of the Application to Expand the Ninilchik Unit and Pearl PA Formation Page 28 of 58 Approval of the Application to Expand the Ninilchik Unit and Pearl PA Formation Page 29 of 58 Approval of the Application to Expand the Ninilchik Unit and Pearl PA Formation Page 30 of 58 Approval of the Application to Expand the Ninilchik Unit and Pearl PA Formation Page 31 of 58 Approval of the Application to Expand the Ninilchik Unit and Pearl PA Formation Page 32 of 58 Approval of the Application to Expand the Ninilchik Unit and Pearl PA Formation Page 33 of 58 Approval of the Application to Expand the Ninilchik Unit and Pearl PA Formation Page 34 of 58 Approval of the Application to Expand the Ninilchik Unit and Pearl PA Formation Page 35 of 58 Approval of the Application to Expand the Ninilchik Unit and Pearl PA Formation Page 36 of 58 Approval of the Application to Expand the Ninilchik Unit and Pearl PA Formation Page 37 of 58 2. Ninilchik Unit Proposed Exhibit B: Maps of Expansion Unit Area Approval of the Application to Expand the Ninilchik Unit and Pearl PA Formation Page 38 of 58 Approval of the Application to Expand the Ninilchik Unit and Pearl PA Formation Page 39 of 58 Approval of the Application to Expand the Ninilchik Unit and Pearl PA Formation Page 40 of 58 Approval of the Application to Expand the Ninilchik Unit and Pearl PA Formation Page 41 of 58 Approval of the Application to Expand the Ninilchik Unit and Pearl PA Formation Page 42 of 58 Approval of the Application to Expand the Ninilchik Unit and Pearl PA Formation Page 43 of 58 Approval of the Application to Expand the Ninilchik Unit and Pearl PA Formation Page 44 of 58 Approval of the Application to Expand the Ninilchik Unit and Pearl PA Formation Page 45 of 58 Approval of the Application to Expand the Ninilchik Unit and Pearl PA Formation Page 46 of 58 Approval of the Application to Expand the Ninilchik Unit and Pearl PA Formation Page 47 of 58 3. Ninilchik Unit Exhibit C: Description of Lands within the proposed Pearl PA Formation Approval of the Application to Expand the Ninilchik Unit and Pearl PA Formation Page 48 of 58 Approval of the Application to Expand the Ninilchik Unit and Pearl PA Formation Page 49 of 58 Approval of the Application to Expand the Ninilchik Unit and Pearl PA Formation Page 50 of 58 Approval of the Application to Expand the Ninilchik Unit and Pearl PA Formation Page 51 of 58 Approval of the Application to Expand the Ninilchik Unit and Pearl PA Formation Page 52 of 58 Approval of the Application to Expand the Ninilchik Unit and Pearl PA Formation Page 53 of 58 Approval of the Application to Expand the Ninilchik Unit and Pearl PA Formation Page 54 of 58 Approval of the Application to Expand the Ninilchik Unit and Pearl PA Formation Page 55 of 58 Approval of the Application to Expand the Ninilchik Unit and Pearl PA Formation Page 56 of 58 Approval of the Application to Expand the Ninilchik Unit and Pearl PA Formation Page 57 of 58 4. Ninilchik Unit Exhibit D: Map of the Proposed Pearl PA Formation area Approval of the Application to Expand the Ninilchik Unit and Pearl PA Formation Page 58 of 58 Working Tract Tract Tract Mineral Mineral Royalty ORRI Working Interest Interest No.Tract Legal Description Acreage Allocation %Owner Interest Percent ORRI Owner Percent Owner Owner % 008 Township 1 South, Range 14 West, S.M., Alaska. Section 13: All tide and submerged land in the SW1/4NW1/4; and all tide and submerged land in the NW1/4SW1/4; Section 14: All tide and submerged land in the E1/2, and all tide and submerged land in the NE1/4SW1/4. 353.380 54.89636829%HAK # ADL# 1031009 384372 State of Alaska, Department of Natural Resources 100.000%12.50%Hilcorp Alaska, LLC 100.00% 164A 40.000 6.21386251%HAK #591296 George R. Maki, Jr.8.333%12.50%Hilcorp Alaska, LLC 100.00% HAK #591367.1 Ninilchik Point View LLC 75.000%12.50% HAK #1306000001 Edward L. and Linda M. Maki 8.333%12.50% HAK #5910084 Gloria Ann & Randy Ropelato 8.333%12.50% 164B 10.000 1.55346563%HAK #1302500001 George R. Maki, Jr.33.333%12.50%Hilcorp Alaska, LLC 100.00% HAK #1306000001 Edward L. and Linda M. Maki 33.333%12.50% HAK #5910084 Gloria Ann & Randy Ropelato 33.333%12.50% 164C 30.000 4.66039688%HAK #591366.1 Darwin E. Waldsmith and Kaye A. Waldsmith Trust, dtd 11-15-2006 75.000%12.50%Hilcorp Alaska, LLC 100.00% HAK #591296 George R. Maki, Jr.8.333%12.50% HAK #1306000001 Edward L. and Linda M. Maki 8.333%12.50% HAK #5910084 Gloria Ann & Randy Ropelato 8.333%12.50% 165 26.419 4.10410084%HAK #1033038 Cynthia L. Baganov, fka Cynthia L. Hatton 10.000%12.50%Hilcorp Alaska, LLC 100.00% HAK #1031157 Stephen M. and Theresa Wackowski 46.150%12.50% HAK #1031157 Hilcorp Alaska, LLC 43.850%12.50% 166 4.660 0.72391498%HAK #1031601 Hilcorp Alaska, LLC 25.000%12.50%Hilcorp Alaska, LLC 100.00% HAK #591344.1 John D. McCombs and Deidre E. McCombs 75.000%12.50% 167 2.170 0.33710204%HAK #1031601 Hilcorp Alaska, LLC 25.000%12.50%Hilcorp Alaska, LLC 100.00% HAK #1031050 Thomas James and Deborah Ann Bandelow 75.000%12.50% Exhibit C Pearl Participating Area Effective September 23, 2022 Lease No. Township 1 South, Range 14 West, S.M., Alaska. Section 13: Portions of lands located in the S1/2SW1/4, lying West of the Sterling Highway. Township 1 South, Range 14 West, S.M., Alaska. Section 13: Portions of lands located in the S1/2SW1/4, lying East of the Sterling Highway. Township 1 South, Range 14 West, S.M., Alaska. Section 13: Tracts 1 & 2 of Catledge-Wilson Subdivision, Tract A, Plat #78-32, including portions underneath the dedicated subdivision right-of-way bordering the Lot lines and extending to the centerline of the right-of-way. Township 1 South, Range 14 West, S.M., Alaska. Section 13: Tract 3 of Catledge-Wilson Subdivision, Tract A, Plat #78-32, including portions underneath the dedicated subdivision right-of-way bordering the Lot lines and extending to the centerline of the right-of-way. Township 1 South, Range 14 West, S.M., Alaska. Section 13: Portions of lands located in the S1/2SW1/4, lying under the Sterling Highway. Township 1 South, Range 14 West, S.M., Alaska. Section 14: Tracts A & B and the north 6.34 acres of Tract C of the Heavenly Sights Subdivision (Plat #H-96-17) a/d/a GLO Lot 1, including portions underneath the dedicated subdivision right-of-way bordering the Lot lines and extending to the centerline of the right-of-way. Pearl PA Exhibit C Updated: January 22, 2024 Page 1 of 8 Working Tract Tract Tract Mineral Mineral Royalty ORRI Working Interest Interest No.Tract Legal Description Acreage Allocation %Owner Interest Percent ORRI Owner Percent Owner Owner %Lease No. 168 4.920 0.76430509%HAK #1031601 Hilcorp Alaska, LLC 25.000%12.50%Hilcorp Alaska, LLC 100.00% HAK #1031396 Gailan B. Johnson 75.000%12.50% 169 2.460 0.38215254%HAK #1031601 Hilcorp Alaska, LLC 25.000%12.50%Hilcorp Alaska, LLC 100.00% HAK #1031196 Robert Flygenring and Cheryl King 75.000%12.50% 170 1.220 0.18952281%HAK #1031601 Hilcorp Alaska, LLC 25.000%12.50%Hilcorp Alaska, LLC 100.00% HAK #1279900001 Gailan B. Johnson and Carol Lane- Johnson 75.000%12.50% 171 1.220 0.18952281%HAK #1031601 Hilcorp Alaska, LLC 25.000%12.50%Hilcorp Alaska, LLC 100.00% HAK #1031087 Michael Roy Smith 75.000%12.50% 172 3.410 0.52973178%HAK #1031601 Hilcorp Alaska, LLC 25.000%12.50%Hilcorp Alaska, LLC 100.00% HAK #591000 Gary and Marna Andes 37.500%12.50% unleased Estate of Gale R. Graham 37.500% 173A Township 1 South, Range 14 West, S.M., Alaska. Section 13: Tract 13 of Catledge-Wilson Subdivision, Tract A, Plat #78-32, including portions underneath the dedicated subdivision right-of-way bordering the Lot lines and extending to the centerline of the right-of-way. 1.870 0.29049807%HAK #1031085 Brandon Joseph Paul Levi and Melissa Krystine Lancaster 100.000%12.50%Hilcorp Alaska, LLC 100.00% 174A 17.211 2.67366969%HAK #1031601 Hilcorp Alaska, LLC 25.000%12.50%Hilcorp Alaska, LLC 100.00% HAK #591368.1 Ninilchik Point View LLC 75.000%12.50% Township 1 South, Range 14 West, S.M., Alaska. Section 13: Portions of Leonard Catledge Subdivision, Tract C, Plat No. 74- 2075 located in the N1/2SW1/4 and SW1/4NW1/4 of Section 13. Township 1 South, Range 14 West, S.M., Alaska. Section 13: Tracts 4, 5, 8 & 11 of Catledge-Wilson Subdivision, Tract A, Plat #78-32, including portions underneath the dedicated subdivision right-of-way bordering the Lot lines and extending to the centerline of the right-of-way. Township 1 South, Range 14 West, S.M., Alaska. Section 13: Tract 12 of Catledge-Wilson Subdivision, Tract A, Plat #78-32, including portions underneath the dedicated subdivision right-of-way bordering the Lot lines and extending to the centerline of the right-of-way. Township 1 South, Range 14 West, S.M., Alaska. Section 13: Tracts 6 & 7 of Catledge-Wilson Subdivision, Tract A, Plat #78-32, including portions underneath the dedicated subdivision right-of-way bordering the Lot lines and extending to the centerline of the right-of-way. Township 1 South, Range 14 West, S.M., Alaska. Section 13: Tract 9 of Catledge-Wilson Subdivision, Tract A, Plat #78-32, including portions underneath the dedicated subdivision right-of-way bordering the Lot lines and extending to the centerline of the right-of-way. Township 1 South, Range 14 West, S.M., Alaska. Section 13: Tract 10 of Catledge-Wilson Subdivision, Tract A, Plat #78-32, including portions underneath the dedicated subdivision right-of-way bordering the Lot lines and extending to the centerline of the right-of-way. Pearl PA Exhibit C Updated: January 22, 2024 Page 2 of 8 Working Tract Tract Tract Mineral Mineral Royalty ORRI Working Interest Interest No.Tract Legal Description Acreage Allocation %Owner Interest Percent ORRI Owner Percent Owner Owner %Lease No. 174B 23.782 3.69445195%HAK #1031601 Hilcorp Alaska, LLC 25.000%12.50%Hilcorp Alaska, LLC 100.00% HAK #591365.1 Darwin E. Waldsmith and Kaye A. Waldsmith Trust, dtd 11-15-2006 75.000%12.50% 175 Township 1 South, Range 14 West, S.M., Alaska. Section 13: Tract D of Catledge Subdivision, plat #74-2075. 1.990 0.30913966%HAK #1031601 Hilcorp Alaska, LLC 100.000%12.50%Hilcorp Alaska, LLC 100.00% 176B1 1.141 0.17725043%HAK #2013100000 Hilcorp Alaska, LLC 75.00%12.500%Hilcorp Alaska, LLC 100.00% HAK #51321000 The Jim and Lorraine Brisco Living Trust dtd 9-13-05 25.00%12.500% 176B2 0.103 0.01600070%HAK #2013100000 Hilcorp Alaska, LLC 75.00%12.500%Hilcorp Alaska, LLC 100.00% HAK #51321000 Mark and April Stover 25.00%12.500% 176C 2.060 0.32001392%HAK #2013100000 Hilcorp Alaska, LLC 75.00%12.500%Hilcorp Alaska, LLC 100.00% HAK #51321000 D & D Harrison Living Trust 25.00%12.500% 176J 1.088 0.16901706%HAK #51321000 D & D Harrison Living Trust 50.00%12.500%Hilcorp Alaska, LLC 100.00% HAK #1031601 Hilcorp Alaska, LLC 50.00%12.500% 176K Township 1 South, Range 14 West, Seward Meridian, Alaska. Section 13: Lot 20 of the Red Bluff Terrace Subdivision Addition No. 2, Plat No. 2004-42, including portions underneath the dedicated subdivision right-of- way bordering the Lot lines and extending to the centerline of the right-of-way. 1.090 0.16932775%HAK # HAK # 51321000 1031601 Hilcorp Alaska, LLC 100.00%12.500%Hilcorp Alaska, LLC 100.00% Township 1 South, Range 14 West, S.M., Alaska. Section 13: Leonard Catledge Subdivision, Tract B, Plat No. 74-2075. Township 1 South, Range 14 West, Seward Meridian, Alaska. Section 13: Portions of Lot 17 of the Red Bluff Terrace Subdivision Addition No. 2, Plat No. 2004-42, including portions underneath the dedicated subdivision right-of-way bordering the Lot lines and extending to the centerline of the right-of-way, located in the SW1/4NW1/4 of Section 13. Township 1 South, Range 14 West, Seward Meridian, Alaska. Section 13: Portions of Lot 22 of the Red Bluff Terrace Subdivision Addition No. 2, Plat No. 2004-42, including portions underneath the dedicated subdivision right-of-way bordering the Lot lines and extending to the centerline of the right-of-way, located in the SW1/4NW1/4 of Section 13. Township 1 South, Range 14 West, Seward Meridian, Alaska. Section 13: Portions of Lot 23 of the Red Bluff Terrace Subdivision Addition No. 2, Plat No. 2004-42, including portions underneath the dedicated subdivision right-of-way bordering the Lot lines and extending to the centerline of the right-of-way, located in the SW1/4NW1/4 of Section 13. Township 1 South, Range 14 West, Seward Meridian, Alaska. Section 13: Lots 18 & 19 of the Red Bluff Terrace Subdivision Addition No. 2, Plat No. 2004-42, including portions underneath the dedicated subdivision right-of-way bordering the Lot lines and extending to the centerline of the right- of-way. Pearl PA Exhibit C Updated: January 22, 2024 Page 3 of 8 Working Tract Tract Tract Mineral Mineral Royalty ORRI Working Interest Interest No.Tract Legal Description Acreage Allocation %Owner Interest Percent ORRI Owner Percent Owner Owner %Lease No. 176L 1.190 0.18486241%HAK #1031601 Hilcorp Alaska, LLC 75.00%12.500%Hilcorp Alaska, LLC 100.00% HAK #51321000 Sandra Ford and John Ford, wife and husband 25.00%12.500% 176O Township 1 South, Range 14 West, Seward Meridian, Alaska. Section 13: Portions of Government Lot 2 & SE1/4NW1/4 lying West and North of the Red Bluff Terrace Subdivision Addition No. 1 & Red Bluff Terrace Subdivision Addition No. 2 & East of Red Bluff Terrace Subdivision, including portions underneath the dedicated subdivision right-of-way bordering the Lot lines and extending to the centerline of the right-of-way, located in the SW1/4NW1/4 of Section 13. 6.051 0.94000205%HAK #2013100000 Hilcorp Alaska, LLC 100.00%12.500%Hilcorp Alaska, LLC 100.00% 180 1.630 0.25321490%HAK #2013100000 Hilcorp Alaska, LLC 75.00%12.500%Hilcorp Alaska, LLC 100.00% HAK #316 Janet M. and Robert C. Clucas 25.00%12.500% 181 Township 1 South, Range 14 West, Seward Meridian, Alaska. Section 13: Lot 3, Block 3 of the Red Bluff Terrace Subdivision, Plat No. 86- 57, including portions underneath the dedicated subdivision right-of-way bordering the Lot lines and extending to the centerline of the right-of-way. 1.690 0.26253569%HAK #1031601 Hilcorp Alaska, LLC 100.00%12.500%Hilcorp Alaska, LLC 100.00% 182A Township 1 South, Range 14 West, Seward Meridian, Alaska. Section 13: Portions of Lot 1, Block 3 of the Red Bluff Terrace Subdivision, Plat No. 86-57, including portions underneath the dedicated subdivision right- of-way bordering the Lot lines and extending to the centerline of the right-of- way, located in the SW1/4NW1/4 of Section 13. 0.777 0.12070428%HAK #51321000 Hilcorp Alaska, LLC 100.00%12.500%Hilcorp Alaska, LLC 100.00% 182F 0.806 0.12520933%HAK #51321000 Bear Creek Bend, LLC 50.00%12.500%Hilcorp Alaska, LLC 100.00% HAK #1031601 Hilcorp Alaska, LLC 50.00%12.500% Township 1 South, Range 14 West, Seward Meridian, Alaska. Section 13: Lot 21 of the Red Bluff Terrace Subdivision Addition No. 2, Plat No. 2004-42, including portions underneath the dedicated subdivision right-of- way bordering the Lot lines and extending to the centerline of the right-of-way. Township 1 South, Range 14 West, Seward Meridian, Alaska. Section 13: Lot 2, Block 3 of the Red Bluff Terrace Subdivision, Plat No. 86- 57, including portions underneath the dedicated subdivision right-of-way bordering the Lot lines and extending to the centerline of the right-of-way. Township 1 South, Range 14 West, Seward Meridian, Alaska. Section 13: Lot 4, Block 2 of the Red Bluff Terrace Subdivision Addition No. 1, Plat No. 86-57, including portions underneath the dedicated subdivision right-of-way bordering the Lot lines and extending to the centerline of the right- of-way. Pearl PA Exhibit C Updated: January 22, 2024 Page 4 of 8 Working Tract Tract Tract Mineral Mineral Royalty ORRI Working Interest Interest No.Tract Legal Description Acreage Allocation %Owner Interest Percent ORRI Owner Percent Owner Owner %Lease No. 184 Township 1 South, Range 14 West, S.M., Alaska. Section 13: Lot 1 of the Pherson Acres No. 2 Subdivision, Plat 2002-16; and Tract B1 of the Pherson Acres No. 2 Subdivision, Plat 2002-16, including portions underneath the dedicated subdivision right-of-way bordering the Lot lines and extending to the centerline of the right-of-way. 6.214 0.96532354%HAK #591301 Richard Lee & Jeannie Lou Johnson 100.00%12.500%Hilcorp Alaska, LLC 100.00% 184A Township 1 South, Range 14 West, S.M., Alaska. Section 13: Portions of Tract "A" of Pherson Acres Subdivision, plat #H-2001- 19, including portions underneath the dedicated subdivision right-of-way bordering the Lot lines and extending to the centerline of the right-of-way, located in the NE1/4SW1/4 of Section 13. 5.947 0.92384601%HAK #51323000 Tim and Kristine Moerline 100.000%12.50%Hilcorp Alaska, LLC 100.00% 185 T1S, R14W, Seward Meridian, Alaska Section 13: Portions of land located in the Sterling Highway Right-of-Way within the NE1/4SW1/4 of Section 13, portions being State of Alaska Highway Project Number F-021-1(3), Parcel Numbers 0118 & 0118-A, as more particularly described by metes and bounds in warranty deeds recorded in the Homer Recording District Book 33, Page 226 and Book 34, Page 121. 8.720 1.35462203%HAK # ADL# 1035905 390105 State of Alaska, Department of Natural Resources 100.000%12.50%Hilcorp Alaska, LLC 100.00% 186 T1S, R14W, Seward Meridian, Alaska Section 13: A tract of land being State of Alaska Highway Project Number F- 021-1(3), Parcel Number 0118-B, as more particularly described by metes and bounds in a warranty deed dated July 16, 1964 from William K. and Irene M. DeFrang, h/w to the State of Alaska, recorded in "General Books" Book 33, Page 325, Homer Recording District. 0.503 0.07813932%unleased William K. and Irene M. DeFrang, h/w 100.000% 243 23.163 3.59829243%HAK #591315.2 Hilcorp Alaska, LLC 43.850%12.50%Hilcorp Alaska, LLC 100.00% HAK #1255500000 Cynthia L. Baganov, fka Cynthia L. Hatton 10.000%12.50% unleased Stephen M. and Theresa Wackowski 46.150% 247 0.465 0.07223615%HAK #1246100000 Hilcorp Alaska, LLC 80.000%12.50%Hilcorp Alaska, LLC 100.00% HAK #1246100000 Cynthia L. Baganov, fka Cynthia L. Hatton 20.000%12.50% Township 1 South, Range 14 West, S.M., Alaska, Section 23: Portions of That parcel of land conveyed to the State of Alaska for the Sterling Highway right-of-way, in Warranty Deed recorded June 26, 1964 in Book 33, Page 187, Homer Recording District, Alaska and located within US Gov. Lots 1 and 2 and the SE1/4NE1/4, located in the NE1/4NE1/4 of Section 23. Township 1 South, Range 14 West, S.M., Alaska, Section 23: Portions of Tract D-1 of the Heavenly Sights Subdivision #. 2, Plat 2002-9, including portions underneath the dedicated subdivision right-of- way bordering the Lot lines and extending to the centerline of the right-of-way, located in the NE1/4NE1/4 of Section 23. Pearl PA Exhibit C Updated: January 22, 2024 Page 5 of 8 Working Tract Tract Tract Mineral Mineral Royalty ORRI Working Interest Interest No.Tract Legal Description Acreage Allocation %Owner Interest Percent ORRI Owner Percent Owner Owner %Lease No. 249 Township 1 South, Range 14 West, S.M., Alaska, Section 24: The North 208.7 feet of the NW1/4 NW1/4, lying west of the Sterling Highway. 5.500 0.85440609%HAK #1279100000 Joy Ward 100.000%12.50%Hilcorp Alaska, LLC 100.00% 250 Township 1 South, Range 14 West, S.M., Alaska, Section 24: Lot 1 of the Jackinsky Tract “C” Subdivision, filed under Plat Number 78-59, including portions underneath the dedicated subdivision right- of-way bordering the Lot lines and extending to the centerline of the right-of- way. 3.264 0.50705118%HAK #5910088 Redford Johnathan Turner, IV 100.000%12.50%Hilcorp Alaska, LLC 100.00% 251 3.222 0.50052662%unleased Emily Long 33.333% unleased Jennifer Long 33.333% unleased McKibben Jackinsky 33.333% 252 Township 1 South, Range 14 West, S.M., Alaska, Section 24: Lot 3 of the Jackinsky Tract “C” Subdivision, filed under Plat Number 78-59. 3.225 0.50099266%unleased Risa A. Jackinsky 100.000% 253 3.588 0.55738347%unleased Ember A. Jackinsky, aka Joshua Jackinsky 25.000% unleased Jason V. Jackinsky 25.000% unleased Mercy A. Shelton 25.000% unleased Shawn W. Jackinsky, Jr.25.000% 254 5.627 0.87413511%unleased McKibben Jackinsky 50.000% unleased Risa A. Jackinsky 50.000% 255 5.635 0.87537788%HAK #591252 James D. Elledge and Diane S. Elledge, H/W 16.667%12.50%Hilcorp Alaska, LLC 100.00% HAK #591000 Michael Arthur Reina 50.000%12.50% HAK #591000 Lela Young 33.333%12.50% Township 1 South, Range 14 West, S.M., Alaska, Section 24: Lot 2 of the Jackinsky Tract “C” Subdivision, filed under Plat Number 78-59. Township 1 South, Range 14 West, S.M., Alaska, Section 24: Lot 4 of the Jackinsky Tract “C” Subdivision, filed under Plat Number 78-59, including portions underneath the dedicated subdivision right- of-way bordering the Lot lines and extending to the centerline of the right-of- way. Township 1 South, Range 14 West, Seward Meridian, Alaska, Section 24: Portions of land in the NW1/4NW1/4 lying underneath the Sterling Highway right-of-way south of the centerline of the Sterling Highway right-of- way. Township 1 South, Range 14 West, Seward Meridian, Alaska, Section 24: Portions of land in the NW1/4NW1/4 lying underneath the Sterling Highway right-of-way north of the centerline of the Sterling Highway right-of- way. Pearl PA Exhibit C Updated: January 22, 2024 Page 6 of 8 Working Tract Tract Tract Mineral Mineral Royalty ORRI Working Interest Interest No.Tract Legal Description Acreage Allocation %Owner Interest Percent ORRI Owner Percent Owner Owner %Lease No. 256 Township 1 South , Range 14 West, S.M., Alaska, Section 24: Lands within the NW1/4 NW1/4 and more specifically described as the area commencing at the West 1/16 corner of Sections 13 and 24, thence South along the West 1/16th line of Section 24 a distance of 63.2 feet to the East right-of-way line of the Sterling Highway, to Corner 1 and the true point of beginning; thence South 24°45’ West along the right-of-way 518.1 feet to Corner 2, which is the beginning of a curve, the center of which bears North 65°15’ West, 1,632.7 feet from Corner 2; thence Southwesterly along curve 15.0 feet, to Corner 3: thence South 64°44’ East 246.7 feet, to Corner 4; thence North 589.2 feet along the West 1/16th line of Sections 24 to Corner 1, the point of beginning, EXCEPTING that portion of said premises conveyed to the State of Alaska under deed recorded August 19, 1964, in Book 34, Page 123, in the Homer Recording District. 1.250 0.19418320%HAK #591000 Michael Arthur Reina 100.000%12.50%Hilcorp Alaska, LLC 100.00% 257 2.063 0.32047996%HAK #591252 James D. Elledge and Diane S. Elledge, H/W 50.000%12.50%Hilcorp Alaska, LLC 100.00% HAK #591000 Michael Arthur Reina 50.000%12.50% 258 4.126 0.64095992%HAK #591000 Michael Arthur Reina 50.000%12.50%Hilcorp Alaska, LLC 100.00% HAK #591000 Glenn R. Edwards and Carolyn M. Edwards 50.000%12.50% 259 2.500 0.38836641%HAK #1274500001 Hilcorp Alaska, LLC 50.000%12.50%Hilcorp Alaksa, LLC 100.00% HAK #591000 Michael Arthur Reina 50.000%12.50% 267 T. 001S., R. 014W., Seward Meridian, Alaska. Section 23: Unsurveyed, All tide and submerged lands located in the NE1/4NE1/4 of Section 23. 1.380 0.21437826%HAK # ADL# 881100 392481 State of Alaska, Department of Natural Resources 100.000%12.50%Hilcorp Alaska, LLC 100.00% 375 2.960 0.45982583%HAK #1246100000 Cynthia L. Baganov, fka Cynthia L. Hatton 10.000%12.50%Hilcorp Alaska, LLC 100.00% HAK #519315.2 Hilcorp Alaska, LLC 43.850%12.50% unleased Stephen M. and Theresa Wackowski 46.150% Township 1 South, Range 14 West, S.M., Alaska, Section 24: Tract 1 of the Jennison Tracts Subdivision, filed under Plat No. 80- 64. Township 1 South, Range 14 West, S.M., Alaska, Section 24: Tract 3 of the Jennison Tracts Subdivision, filed under Plat No. 80- 64. Township 1 South, Range 14 West, S.M., Alaska Section 23: That part of Tract C and minerals lying beneath associated surface easements of the Heavenly Sights Subdivision, Plat 96-17 located within Section 23, including portions underneath the dedicated subdivision right-of- way bordering the Lot lines and extending to the centerline of the right-of-way. Township 1 South, Range 14 West, S.M., Alaska, Section 24: Tract 2 of the Jennison Tracts Subdivision, filed under Plat No. 80- 64 Pearl PA Exhibit C Updated: January 22, 2024 Page 7 of 8 Working Tract Tract Tract Mineral Mineral Royalty ORRI Working Interest Interest No.Tract Legal Description Acreage Allocation %Owner Interest Percent ORRI Owner Percent Owner Owner %Lease No. 376 12.032 1.86912984%HAK #1246100000 Hilcorp Alaska, LLC 40.000%12.50%Hilcorp Alaska, LLC 100.00% HAK #1246100000 Cynthia L. Baganov, fka Cynthia L. Hatton 10.000%12.50% unleased Stephen M. and Theresa Wackowski 50.000% Total PA Acreage: Total Tract Percentage:Working Interest Owner Net Acres PA % 643.722 100.00000000%Uncommitted 16.165 2.511% Hilcorp Alaska, LLC 627.557 97.489% Total 643.722 100.000% Township 1 South, Range 14 West, S.M., Alaska Section 23: Portions of Tract E-1 of the Heavenly Sights Subdivision #2, Plat 2002-9, excepting Tract E of Heavenly Sights Subdivision, Plat 96-17, located in the NE1/4NE1/4 of Section 23. Pearl PA Exhibit C Updated: January 22, 2024 Page 8 of 8 ª« ª« 12 7 14 13 18 23 24 19 1110 15 22 S001S014W S001S013W 243 249 166 164C 174A 252 164A 259 254 251 258 257 256255 253 250 247 267 184 167 173A171 165 169 168 168 174B 184A 375 185 180 170 172 175 176B1176C 181 182A 182F 176J 176K 176L 176O 164B 008 376 176B2 186 132 MP 131 MP Map Date: 1/22/2024 E 0 1,000 2,000Feet Sterling Highway Cook Inlet Shoreline Ninilchik Unit Boundary Pearl PA Tract Owner TypePrivate State of Alaska State Plane Zone 4 NAD 1927 (feet) Ninilchik Unit Map OverviewNinilchik UnitPearl Participating AreaExhibit DEffective September 23, 2022 The following summary page recaptulates the Pearl Participating Area acreage by ownership class LAND OWNERSHIP NET ACRES PERCENTAGE OF UNIT State of Alaska Lands 363.480 56.4653686% Private Fee Lands 280.24 43.5346314% Total PA Acreage 643.722 100.0000000% PARTICIPATING AREA SUMMARY PEARL PARTICIPATING AREA NINILCHIK UNIT Effective September 23, 2022 Pearl PA Exhibit C Updated: January 22, 2024 Working Tract Tract Mineral Mineral Royalty ORRI Working Interest Interest No.Tract Legal Description Acreage Owner Interest Percent ORRI Owner Percent Owner Owner % 001 T2N-R13W Section 36: S1/2 320.000 HAK # ADL # 1035733 384318 State of Alaska, Department of Natural Resources 100.00%12.500%Hilcorp Alaska, LLC 100.00% 002 T2N-R12W Section 19: All Section 20: Unsurveyed, all tide and submerged lands Section: 21: NW/4NE/4 & N/2NE/4NE/4SE/4 & NE/4NW/4 Section 28: SE/4 Section 29: All tide and submerged lands Section 30: All Section 31: Fractional 3518.450 HAK # ADL # 1030487 384314 State of Alaska, Department of Natural Resources 100.00%12.500%Cook Inlet Energy, LLC Donkel Oil and Gas LLC Hea Sun Kim Jessica Craig MH2, LLC PLC, LLC William Webb 1.00% 0.50% 0.10% 0.10% 2.00% 0.47% 1.33% Hilcorp Alaska, LLC 100.00% 003 T1N-R13W Section 1: N1/2N1/2, S1/2NW1/4, SW1/4NE1/4, N1/2SW1/4, SW1/4SW1/4 Section 2: E1/2 Section 10: SE1/4 Section 11: All Section 12: Fractional, NW1/4NW1/4, S1/2NW1/4, S1/2NE1/4, S1/2, except that portion lying above the line of the mean high tide Section 13: Fractional, All, except that portion lying above the line of the mean high tide Section 14: Fractional, All, except that portion lying above the line of the mean high tide Section 15: Fractional, All T1N-R12W Section 6: Fractional, E1/2, except that portion lying above the line of the mean high tide Section 7: Fractional, All, except that portion lying above the line of the mean high tide. 3095.550 HAK # ADL # 1034385 389737 State of Alaska, Department of Natural Resources 100.00%12.500%Hilcorp Alaska, LLC 6.5000%Hilcorp Alaska, LLC 100.00% Exhibit A Ninilchik Unit Effective September 23, 2022 Lease No. Ninilchik Unit Exhibit A Updated: January 22, 2024 Page 1 of 45 Working Tract Tract Mineral Mineral Royalty ORRI Working Interest Interest No.Tract Legal Description Acreage Owner Interest Percent ORRI Owner Percent Owner Owner %Lease No. 004 T1N-R13W Section 2: W/2 Section 3: SE/4 Section 10: N/2 & SW/4 Section 22: Tide and submerged land Section 23: All tide and submerged land Section 27: Lot 5 and all tide and submerged lands. 2157.990 HAK # ADL # 1031010 384305 State of Alaska, Department of Natural Resources 100.00%12.500%Hilcorp Alaska, LLC 100.00% 005 T1N-R13W Section 16: E/2 & SW/4 480.000 HAK # ADL # 1035732 384306 State of Alaska, Department of Natural Resources 100.00%12.500%Hilcorp Alaska, LLC 100.00% 006 T1N-R13W Section 20: E/2 & SW/4 Section 21: All Section 28: All Section 29: All Section 30: E/2 & SW/4 Section: 31: All Section 32: All 4625.020 HAK # ADL # 1031008 389180 State of Alaska, Department of Natural Resources 100.00%12.500%Hilcorp Alaska, LLC 100.00% 007 T1N-R14W Section 36: SE/4 160.000 HAK # ADL # 1035904 390085 State of Alaska, Department of Natural Resources 100.00%12.500%Hilcorp Alaska, LLC 100.00% 008 T1S-R14W Section 1: All Section 2: All Section 11: All Section 12: SE/4SE/4 & All tide and submerged land Section 13: E/2 & All tide and submerged land Section 14: All tide and submerged land 3507.840 HAK # ADL # 1031009 384372 State of Alaska, Department of Natural Resources 100.00%12.500%Hilcorp Alaska, LLC 100.00% 009 T1S-R14W Section 15:SE/4 160.000 HAK # ADL # 1035905 390105 State of Alaska, Department of Natural Resources 100.00%12.500%Hilcorp Alaska, LLC 100.00% 010 T1S-R13W Section 4: W/2SW/4 Section 5: All tide and submerged land Section 6: All tide and submerged land Section 7: All tide and submerged land 852.000 HAK # ADL # 1030481 359242 State of Alaska, Department of Natural Resources 100.00%12.500%James L. Thurman James W. White Tucson Ltd V. Paul Gavora 3.00% 3.50% 3.00% 3.00% Hilcorp Alaska, LLC 100.00% 011 T1S-R13W Section 7: SE/4SE/4 Section 8: E/2SE/4 120.000 HAK # ADL # 1029933 388226 State of Alaska, Department of Natural Resources 100.00%12.500%Hilcorp Alaska, LLC 3.0000%Hilcorp Alaska, LLC 100.00% Ninilchik Unit Exhibit A Updated: January 22, 2024 Page 2 of 45 Working Tract Tract Mineral Mineral Royalty ORRI Working Interest Interest No.Tract Legal Description Acreage Owner Interest Percent ORRI Owner Percent Owner Owner %Lease No. 012 T1N-R12W Section 5: Lot 3 & E/2SE/4NW/4 59.960 HAK # ADL # 1035902 390363 State of Alaska, Department of Natural Resources 100.00%12.500%Hilcorp Alaska, LLC 100.00% 013 T1N-R12W Section 7: SE/4NW/4 40.000 HAK # ADL # 1035902 390363 State of Alaska, Department of Natural Resources 100.00%12.500%Hilcorp Alaska, LLC 100.00% 014 T1N-R13W Section 14: That part of Lot 1 lying within the southeast corner of the SE/4NE/4 (est. 2.5 acres) 2.500 HAK # AKA # 1034934 A-024399 Bureau of Land Management 100.00%12.500%Alina L. Mendez Ann L. Edwards Charles Delaney Ealand II Dorothy Anne Dedrick Dustin D. Ealand Hilcorp Alaska, LLC Kevin MacIntosh Mary Lynne Moellering 0.05% 0.35% 0.35% 0.10% 0.05% 3.25% 0.05% 0.05% Hilcorp Alaska, LLC 100.00% 015 T1N-R13W Section 12: That part of Lot 1 lying within the S/2NE/4 and Lots 2 and 3 91.210 HAK # AKA # 1034934 A-024399 Bureau of Land Management 100.00%12.500%Alina L. Mendez Ann L. Edwards Charles Delaney Ealand II Dorothy Anne Dedrick Dustin D. Ealand Hilcorp Alaska, LLC Kevin MacIntosh Mary Lynne Moellering 0.05% 0.35% 0.35% 0.10% 0.05% 3.25% 0.05% 0.05% Hilcorp Alaska, LLC 100.00% 015A T1N-13W Section 12: That part of Lot 1 lying in the NE/4NE/4 a/d/a Lot 1, except that part lying in the S/2NE/4 10.230 HAK # AKA # 1034934 A-024399 Bureau of Land Management 100.00%12.500%Alina L. Mendez Ann L. Edwards Charles Delaney Ealand II Dorothy Anne Dedrick Dustin D. Ealand Hilcorp Alaska, LLC Kevin MacIntosh Mary Lynne Moellering 0.05% 0.35% 0.35% 0.10% 0.05% 3.25% 0.05% 0.05% Hilcorp Alaska, LLC 100.00% 016 T1N-R13W Section 23: Lot 5 (4.96 acres) and that part of Lot 1 lying in the W/2 (estimated at 4.0 acres) 8.960 HAK # AKA # 1034934 A-024399 Bureau of Land Management 100.00%12.500%Alina L. Mendez Ann L. Edwards Charles Delaney Ealand II Dorothy Anne Dedrick Dustin D. Ealand Hilcorp Alaska, LLC Kevin MacIntosh Mary Lynne Moellering 0.05% 0.35% 0.35% 0.10% 0.05% 3.25% 0.05% 0.05% Hilcorp Alaska, LLC 100.00% 017 T1N-R13W Section 34: NW/4SW/4 & S/2NW/4 120.000 unleased Bureau of Land Management 100.00% Ninilchik Unit Exhibit A Updated: January 22, 2024 Page 3 of 45 Working Tract Tract Mineral Mineral Royalty ORRI Working Interest Interest No.Tract Legal Description Acreage Owner Interest Percent ORRI Owner Percent Owner Owner %Lease No. 018 T2N-R12W Section 21: NE/4NE/4 Section 28: SW/4 Section 29: SE/4SE/4 Section 32: S/2NE/4 & NE/4NE/4 & SE/4SW/4 400.000 HAK # UA # 1033481 Ninilchik Tract #2 University of Alaska 100.00%12.500%Hilcorp Alaska, LLC 100.00% 019 T1N-R12W Section 6: SE/4NE/4 40.000 HAK # UA # 1033481 Tract #2 University of Alaska 100.00%12.500%Hilcorp Alaska, LLC 100.00% 020 T1N-R13W Section 33: Lot 1 Section 34: E/2SW/4 and SW/4SW/4 150.440 HAK # UA # 1031002 Tract #2-04 University of Alaska 100.00%12.500%Hilcorp Alaska, LLC 100.00% 021 T1S-R13W Section 7: Lot 4 30.910 HAK # UA # 1033481 Tract #2 University of Alaska 100.00%12.500%Hilcorp Alaska, LLC 100.00% 022 T1S-R13W Section 8: NE/4NE/4 40.000 HAK # UA # 1031004 Tract #2-05 University of Alaska 100.00%12.500%Hilcorp Alaska, LLC 100.00% 023 T2N-R12W Section 21: That part of the S/2NE/4NE/4SE/4 & S/2NE/4SE/4 & SE/4SE/4 lying southeasterly of and excluding the Sterling Highway. 55.000 HAK # CIRI # 1033508 C-061596 Cook Inlet Region, Inc.100.00%20.000%Hilcorp Alaska, LLC 100.00% 023A T2N-R12W Section 21: S/2NE/4 & SE/4NW/4 & NE/4SW/4 & NW/4SE/4 & W/2E/2SE/4 & SE/4NE/4SE/4 &S/2NE/4NE/4SE/4 lying northwesterly of and including the Sterling Highway 220.000 unleased Cook Inlet Region, Inc.100.00% 024 T2N-R12W Section 29: Lot 4 32.610 HAK # CIRI # 1031005 C-061505 Cook Inlet Region, Inc.100.00%20.000%Hilcorp Alaska, LLC 100.00% 025 T2N-R12W Section 33: W/2SW/4 & SW/4NW/4 & N/2SE/4 & SE/4SE/4 240.000 HAK # CIRI # 1031006 C-061510 Cook Inlet Region, Inc.100.00%16.667%Hilcorp Alaska, LLC 100.00% 026 T1N-R12W Section 5: SW/4NW/4 and W/2SE/4NW/4 60.000 HAK # CIRI # 1033507 C-060385 Cook Inlet Region, Inc.100.00%20.000%Hilcorp Alaska, LLC 100.00% 027 T1N-R13W Section 22: Lot 1 1.880 HAK # CIRI # 1031005 C-061505 Cook Inlet Region, Inc.100.00%20.000%Hilcorp Alaska, LLC 100.00% 028 T1N-R13W Section 27: Lots 8, 9, 11, 12, 13, 14, 15, 16, 17, and 18 50.230 HAK # CIRI # 1031005 C-061505 Cook Inlet Region, Inc.100.00%20.000%Hilcorp Alaska, LLC 100.00% 029 T1N-R13W Section 33: Government Lot 5 1.900 HAK # CIRI # 1031005 C-061505 Cook Inlet Region, Inc.100.00%20.000%Hilcorp Alaska, LLC 100.00% Ninilchik Unit Exhibit A Updated: January 22, 2024 Page 4 of 45 Working Tract Tract Mineral Mineral Royalty ORRI Working Interest Interest No.Tract Legal Description Acreage Owner Interest Percent ORRI Owner Percent Owner Owner %Lease No. 030 T1S-R13W Section 4: SW/4NW/4 Section 5: S/2SE/4 Section 7: Gov Lots 1, 2, 3, and SW/4NE/4 Section 8: SE/4NW/4 & NW/4NE/4 & S/2NE/4 & NE/4SW/4 & S/2SW/4 & W/2SE/4 T1S-R14W Section 12: Gov Lot 1 694.780 HAK # CIRI # 1031005 C-061505 Cook Inlet Region, Inc.100.00%20.000%Hilcorp Alaska, LLC 100.00% 031 T1S-R13W Section 9: NW/4NW/4 Section 18: Lots 1, 2, 3, NW/4SE/4NW/4 and N/2NW/4NE/4 163.250 HAK # CIRI # 1033507 C-060385 Cook Inlet Region, Inc.100.00%20.000%Hilcorp Alaska, LLC 100.00% 032 T2N-R12W Section 21: NW/4SW/4 & S/2SW/4 120.000 HAK #828033 James B Borden and Tammy L. Borden 100.00%12.500%Hilcorp Alaska, LLC 100.00% 033A 2.000 HAK #318 Jeff L. Wells & Hilda G. Wells & Lafton Wells 80.00%12.500%Hilcorp Alaska, LLC 100.00% unleased Jeff L. Wells & Hilda G. Wells & Lafton Wells * 20.00% 033A-1 14.260 HAK #1033533 Estate of Lillian Nuzzolese 20.00%12.500%Hilcorp Alaska, LLC 100.00% HAK #318 Rebekah A. Chapek 20.00%12.500% HAK #1033547 Stephen Wayne Gordon 20.00%12.500% HAK #1033548 Hilda C. Unfried 20.00%12.500% unleased unleased Marshall K. Coryell 20.00% 033B T2N-R12W Section 21: Lots 6 & 7, Block 1 & Lots 11 & 12, Block 2 of Clam Gulch Acres Subdivision, plat #86-81 5.890 HAK #828033 James B Borden and Tammy L. Borden 100.00%12.500%Hilcorp Alaska, LLC 100.00% 033C T2N-R12W Section 21: Lots 6, 9, 10, Block 2 of Clam Gulch Acres Subdivision, plat #86-81 3.690 unleased Kelly Guy Baker 100.00% 033D T2N-R12W Section 21: The minerals underlying the right of way of the Sterling Highway as it crosses the SW/4SE/4 (est. 7.84 acres) 7.840 unleased Nell Kelly 100.00% 033E T2N-R12W Section 21: Lot 1, Block 2 of Clam Gulch Acres Subdivision, plat #86-81 1.000 unleased Delphine L. Chasing-Hawk 100.00% T2N-R12W Section 21: Lots 3-5, Block 1 & Lots 2,3,5,7 & 8 of Block 2 and all the dedicated streets of Clam Gulch Acres Subdivision, plat #86-81 and the unsubdivided remainder of the SW/4SE/4 lying Southeast of the Sterling Highway T2N-R12W Section 21: Lots 1 & 2, Block 1 Clam Gulch Acres Subdivision, plat #86- 81 Ninilchik Unit Exhibit A Updated: January 22, 2024 Page 5 of 45 Working Tract Tract Mineral Mineral Royalty ORRI Working Interest Interest No.Tract Legal Description Acreage Owner Interest Percent ORRI Owner Percent Owner Owner %Lease No. 033F T2N-R12W Section 21: Lot 4, Block 2 of Clam Gulch Acres Subdivision, plat #86-81 1.100 unleased Robert E. Link & Deborah A. Link (H&W) 100.00% 034 158.000 HAK #1031630 JWYW, LLC, a Hawaii LLC 83.33%12.500%Hilcorp Alaska, LLC 100.00% HAK #1031631 Stephen Rex and Marilyn Lange 16.67%12.500% 035 T2N-R12W Section 28: Tracts A & B of plat #79-4 and Lots B-1 & B-2 of Plat #81- 118 a/d/a SE/4NW/4 40.000 HAK #828050 Leonard A and Evelyn D Keener 100.00%12.500%Hilcorp Alaska, LLC 100.00% 036 T2N-R12W Section 28: A tract beginning at the SE/c of the SW/4NW/4; TH. North 500'; TH. West 175'; TH. South 500'; TH. East 175' to POB. 2.000 HAK #1033559 Harold A. & Marguerite M. Pederson 100.00%12.500%Hilcorp Alaska, LLC 100.00% 037 T2N-R12W Section 28: NE/4 160.000 HAK #828034 Rodney W. Andrews and Victoria H. Andrews 100.00%12.500%Hilcorp Alaska, LLC 100.00% 038 147.450 HAK #1031616 Mary Hawkins (deceased)75.00%12.500%Hilcorp Alaska, LLC 100.00% HAK #1031618 Charles F. Hawkins 5.00%12.500% HAK #1031617 Richard M. Hawkins 5.00%12.500% unleased Ian Hawkins, deceased 5.00% unleased James Hawkins 5.00% unleased Marguerite Hawkins 5.00% 039 3.673 HAK #828052 Leonard A and Evelyn D Keener 50.00%12.500%Hilcorp Alaska, LLC 100.00% HAK #828053 Rodney W. Andrews and Victoria H. Andrews 50.00%12.500% 040 3.910 HAK #1031623 Per Eric & Frances L. Osmar 50.00%12.500%Hilcorp Alaska, LLC 100.00% unleased Theodore L. & Ann C. Morris 25.00% unleased Thomas W. Patmor 25.00% 041 31.110 HAK #1031623 Per Eric & Frances L. Osmar 50.00%12.500%Hilcorp Alaska, LLC 100.00% HAK #1033546 Timothy G. and Kristine Moerlein 50.00%12.500% T2N-R12W Section 29: Block 7 of Clam Gulch Park Subdivision Morris 1975 Addition, Plat No. 75-69 T2N-R12W Section 32: Tracts 1-6 of Tract E and the unsubdivided remainder of Tract E of T.L. Morris Subdivision of Tract E of Clam Gulch Subdivision, Plat #81-06 T2N-R12W Section 28: N/2NW/4 & SW/4NW/4 (less the 2 acre Harold A. Pederson Tract in the SE/c of SW/4NW/4) Section 29: SE/4NE/4 (excluded tract is Tract #36 of this exhibit) T2N-R12W Section 29: Lots 2 & 3 & N/2SE/4 less a tract in the Northeastern corner of the N/2SE/4 owned by Vernon Andrews and Leonard Keener (excluded tract is Tract #39 of this exhibit) T2N-R12W Section 29: A tract in the Northeastern Corner of the N/2SE/4 lying North of the Sterling Highway Ninilchik Unit Exhibit A Updated: January 22, 2024 Page 6 of 45 Working Tract Tract Mineral Mineral Royalty ORRI Working Interest Interest No.Tract Legal Description Acreage Owner Interest Percent ORRI Owner Percent Owner Owner %Lease No. 042 T2N-R12W Section 32: The SE/4NW/4 lying Southeast of Sterling Highway, excluding the Clam Gulch Subdivision, Morris 1979 Addition Plat #79- 192 22.000 HAK #1031623 Per Eric & Frances L. Osmar 100.00%12.500%Hilcorp Alaska, LLC 100.00% 042A T2N-R12W Section 32: Tract G of Clam Gulch Subdivision Osmar 1981 Addition, Plat #81-51 2.794 unleased Ronald E. & Audrey L. Russell 100.00% 043 T2N-R12W Section 32: Lot 2, Clam Gulch Subdivision, Plat #90-18 2.180 unleased Shirley Ann Grow & Richard James Edelman 100.00% 044A-1 1.000 HAK #1033542 Donald M. & Susan R. Coates 50.00%12.500%Hilcorp Alaska, LLC 100.00% HAK #1033561 William Donald & Kerry L. Reeder (h/w) 50.00%12.500% 044A-2 0.500 HAK #1033542 Donald M. & Susan R. Coates 50.00%12.500%Hilcorp Alaska, LLC 100.00% HAK #1031623 Per Eric & Frances L. Osmar 50.00%12.500% 044AA T2N-R12W Section 32: Lot 13A, Clam Gulch Subdivision, plat #90-28 0.800 unleased Deborah Lee Murphy 100.00% 044AB T2N-R12W Section 32: Lot 6, Clam Gulch Subdivision, Conley 1977 Addition, plat #78-43 0.460 HAK #1033534 Lawrence & Caroline Rebischke 100.00%12.500%Hilcorp Alaska, LLC 100.00% 044AC T2N-R12W Section 32: Lots 7 & 8, Clam Gulch Subdivision, Conley 1977 Addition, plat #78-43 0.960 HAK #1033553 Karen Lorraine Landwehr 100.00%12.500%Hilcorp Alaska, LLC 100.00% 044AD T2N-R12W Section 32: Tract B, Clam Gulch Subdivision, plat #K509 0.670 HAK #1033534 Lawrence & Caroline Rebischke 100.00%12.500%Hilcorp Alaska, LLC 100.00% 044AE 4.020 HAK #1031623 Per Eric & Frances L. Osmar 50.00%12.500%Hilcorp Alaska, LLC 100.00% unleased Arlyn H. & June C. Thomack 50.00% 044AF 0.760 HAK #1033561 William Donald & Kerry L. Reeder (h/w) 50.00%12.500%Hilcorp Alaska, LLC 100.00% unleased Arlyn H. & June C. Thomack 50.00% T2N-R12W Section 32: Lots 10 & 11, Thomack Subdivision, Plat #K-1575, in so far as they lie within Tract "A" of former Plat K-509 (est. 1 acre) T2N-R12W Section 32: Lots 10 & 11, Thomack Subdivision, Plat #K-1575, in so far as they lie outside Tract "A" of former Plat K-509 (est. 0.5 acre) T2N-R12W Section 32: Lots 1A & 10A, Clam Gulch Subdivision No. 2, Plat #95-58 & minerals under the roadbeds of Thomack Street and North Laurel Avenue T2N-R12W Section 32: Lots 8 & 9, Thomack Subdivision, Plat #K-1575 Ninilchik Unit Exhibit A Updated: January 22, 2024 Page 7 of 45 Working Tract Tract Mineral Mineral Royalty ORRI Working Interest Interest No.Tract Legal Description Acreage Owner Interest Percent ORRI Owner Percent Owner Owner %Lease No. 044AG 0.590 HAK #1033561 William Donald & Kerry L. Reeder (h/w) 50.00%12.500%Hilcorp Alaska, LLC 100.00% unleased Sharon Nahorney 50.00% 044AH-1 0.119 HAK #305 S.F. & Francis B. Rebischke 50.00%12.500%Hilcorp Alaska, LLC 100.00% HAK #1033561 William Donald & Kerry L. Reeder (h/w) 50.00%12.500% 044AH-2 0.237 HAK #1031623 Per Eric & Frances L. Osmar 50.00%12.500%Hilcorp Alaska, LLC 100.00% HAK #305 S.F. & Francis B. Rebischke 50.00%12.500% 044AH-3 0.137 HAK #1033561 William Donald & Kerry L. Reeder (h/w) 50.00%12.500%Hilcorp Alaska, LLC 100.00% unleased Arlyn H. & June C. Thomack 50.00% 044AH-4 0.237 HAK #1031623 Per Eric & Frances L. Osmar 50.00%12.500%Hilcorp Alaska, LLC 100.00% unleased Arlyn H. & June C. Thomack 50.00% 044AI 3.030 HAK #1031623 Per Eric & Frances L. Osmar 50.00%12.500%Hilcorp Alaska, LLC 100.00% unleased Arlyn H. & June C. Thomack 50.00% 044AJ 0.280 HAK #1033545 Rosemary C. Johnson Article V Credit Shelter Trust 50.00%12.500%Hilcorp Alaska, LLC 100.00% unleased Arlyn H. & June C. Thomack 50.00% 044AK 0.500 HAK #1033551 9J Corporation 50.00%12.500%Hilcorp Alaska, LLC 100.00% HAK #1031623 Per Eric & Frances L. Osmar 50.00%12.500% 044AL 1.000 HAK #1031623 Per Eric & Frances L. Osmar 50.00%12.500%Hilcorp Alaska, LLC 100.00% unleased Ed Krueger 25.00% unleased Shelia Darling (aka Karil Kruger)25.00% 044B-1 1.000 HAK #591215 Walter L. Wilson 50.00%12.500%Hilcorp Alaska, LLC 100.00% HAK #1033561 William Donald & Kerry L. Reeder (h/w) 50.00%12.500% T2N-R12W Section 32: Lots 5 & 6, Thomack Subdivision, Plat #K-1575 in so far as it lies within Tract "A" of former plat #K-509 (est. 0.137 acre) T2N-R12W Section 32: Lots 5 & 6, Thomack Subdivision, Plat #K-1575 in so far as it lies outside Tract "A" of former plat #K-509 (est. 0.2372 acre) T2N-R12W Section 32: Lot C-10 of Thomack Subd., Plat #1502 T2N-R12W Section 32: Lot 3, Thomack Subdivision, Plat #K-1575 T2N-R12W Section 32: Lot 2, Thomack Subdivision, Plat #K-1575 T2N-R12W Section 32: Block 6, Clam Gulch Park Subdivision, plat #75-69 T2N-R12W Section 32: Lot 12, Thomack Subdivision, Plat #K-1575, in so far as it lies within Tract "A" of former plat #K-509 (est. 1.0 acre) T2N-R12W Section 32: Lot 7, Thomack Subdivision, Plat #K-1575 T2N-R12W Section 32: Lot 4, Thomack Subdivision, Plat #K-1575 in so far as it lies within Tract "A" of former plat #K-509 (est. 0.1186 acre) T2N-R12W Section 32: Lot 4, Thomack Subdivision, Plat #K-1575 in so far as it lies outside Tract "A" of former plat #K-509 (est. 0.2372 acre) Ninilchik Unit Exhibit A Updated: January 22, 2024 Page 8 of 45 Working Tract Tract Mineral Mineral Royalty ORRI Working Interest Interest No.Tract Legal Description Acreage Owner Interest Percent ORRI Owner Percent Owner Owner %Lease No. 044B-2 0.430 HAK #1031623 Per Eric & Frances L. Osmar 50.00%12.500%Hilcorp Alaska, LLC 100.00% HAK #591215 Walter L. Wilson 50.00%12.500% 044C-1 0.715 HAK #1033561 William Donald & Kerry L. Reeder (h/w) 50.00%12.500%Hilcorp Alaska, LLC 100.00% unleased John T. Givens 50.00% 044C-2 0.715 HAK #1031623 Per Eric & Frances L. Osmar 50.00%12.500%Hilcorp Alaska, LLC 100.00% unleased John T. Givens 50.00% 044D-1 0.100 HAK #1033545 Rosemary C. Johnson Article V Credit Shelter Trust 50.00%12.500%Hilcorp Alaska, LLC 100.00% HAK #1033561 William Donald & Kerry L. Reeder (h/w) 50.00%12.500% 044D-2 1.330 HAK #1031623 Per Eric & Frances L. Osmar 50.00%12.500%Hilcorp Alaska, LLC 100.00% HAK #1033545 Rosemary C. Johnson Article V Credit Shelter Trust 50.00%12.500% 044E 1.420 HAK #1031623 Per Eric & Frances L. Osmar 50.00%12.500%Hilcorp Alaska, LLC 100.00% unleased Arlyn H. & June C. Thomack 50.00% 044F 1.420 HAK #1031623 Per Eric & Frances L. Osmar 50.00%12.500%Hilcorp Alaska, LLC 100.00% HAK #1033550 Rose Moorefield 50.00%12.500% 044G 2.530 HAK #1031623 Per Eric & Frances L. Osmar 50.00%12.500%Hilcorp Alaska, LLC 100.00% unleased Dolores C. Sage 50.00% 044H T2N-R12W Section 32: Lot 2 of Clam Gulch Subdivision, Conley 1977 Addition, plat #78-43 1.320 unleased Jennifer Abbott 100.00% 044I T2N-R12W Section 32: Lot 3 of Clam Gulch Subdivision, Conley 1977 Addition, plat #78-43 1.260 HAK #1033535 Timothy M. Lynch 100.00%12.500%Hilcorp Alaska, LLC 100.00% T2N-R12W Section 32: Lot 13, Thomack Subdivision, Plat #K-1575 in so far as it lies outside Tract "A" of former plat #K-509 (est. 0.715 acre) T2N-R12W Section 32: Lot 14, Thomack Subdivision, Plat #K-1575 in so far as it lies within Tract "A" of former plat #K-509 (est. 0.1 acre) T2N-R12W Section 32: Lot 14, Thomack Subdivision, Plat #K-1575 in so far as it lies outside Tract "A" of former plat #K-509 (est. 1.33 acre) T2N-R12W Section 32: Lot 15, Thomack Subdivision, Plat #K-1575 T2N-R12W Section 32: Lot 16, Thomack Subdivision, Plat #K-1575 T2N-R12W Section 32:Lot C-1, Thomack Subdivision, Plat #K-1575 & Lot 1, Clam Gulch Subdivision, Conley 1977 Addition & also Lot 1 of Plat #78-43 T2N-R12W Section 32: Lot 12, Thomack Subdivision, Plat #K-1575, in so far as it lies outsideTract "A" of former plat #K-509 (est. 0.43 acre) T2N-R12W Section 32: Lot 13, Thomack Subdivision, Plat #K-1575 in so far as it lies within Tract "A" of former plat #K-509 (est. 0.715 acre) Ninilchik Unit Exhibit A Updated: January 22, 2024 Page 9 of 45 Working Tract Tract Mineral Mineral Royalty ORRI Working Interest Interest No.Tract Legal Description Acreage Owner Interest Percent ORRI Owner Percent Owner Owner %Lease No. 044J T2N-R12W Section 32: Lot 4 of Clam Gulch Subdivision, Conley 1977 Addition, plat #78-43 1.230 unleased Peter J. & Carolyn J. Crosby 100.00% 044K T2N-R12W Section 32: Lot 5 of Clam Gulch Subdivision, Conley 1977 Addition, plat #78-43 1.290 unleased Brian J. Farney 100.00% 044L 5.230 HAK #591305 James R. Sabrowski and Susanne E. Sabrowski 50.00%12.500%Hilcorp Alaska, LLC 100.00% HAK #317 Leonard & Juanita Sabrowski Revocable Living Trust 50.00%12.500% 044M 0.380 HAK #1033556 David Keith Crosby 50.00%12.500%Hilcorp Alaska, LLC 100.00% unleased Theodore L. & Ann C. Morris 50.00% 044N 0.920 HAK #1033556 David Keith Crosby 50.00%12.500%Hilcorp Alaska, LLC 100.00% unleased Edna Fuller 50.00% T2N-R12W Section 32: A 5.23 acres tract described by metes and bounds and lying within Clam Gulch Subdivision That certain real property situated in the Third Judicial District , Kenai Recording District, State of Alaska, within T2N, R12W, S.M., Alaska. Said property which is within the Clam Gulch Subdivision is more particularly described as beginning at the one quarter corner of Sections 29 & 32; THENCE South 379.1 feet to the West right of way of the Sterling Highway as shown on the plat of said Clam Gulch Subdivision; THENCE South 44°13’ West along right of way, 1011.5 feet to the beginning of a curve, the center of which bears South 45°47’ East 1946.3 feet; THENCE following the arc of said curve Southwesterly a distance of 200.4 feet to Corner 1, the true point of beginning of said real property; THENCE continuing Southwesterly , along the arc of said curve, a distance of 385.4 feet to Corner 2; THENCE North 65°13’ West approximately 305 feet to the west one- sixteenth line of Section 32 to Corner 3; THENCE North 0°07’ West approximately 130 feet to the Northwest one-sixteenth corner of Section 32 to Corner 4; THENCE West along the North one-sixteenth line of Section 32 approximately 438 feet to the line of Mean High Water of Cook Inlet to Corner 5; THENCE North 20°00’ East along Mean High Water 225.8 feet to Corner 6; THENCE East 695.0 feet to Corner 7; THENCE South 45°47’ East 209.3 feet to Corner 1, the point of beginning. The parcel contains 5.23 acres, more or less. T2N-R12W Section 32: Tract F of Clam Gulch Subdivision, Morris 1979 Addition, plat #79-192 T2N-R12W Section 32: Lots 1-3 & 1-4 of Clam Gulch Subdivision, Morris 1979 Addition, Plat #79-192 Ninilchik Unit Exhibit A Updated: January 22, 2024 Page 10 of 45 Working Tract Tract Mineral Mineral Royalty ORRI Working Interest Interest No.Tract Legal Description Acreage Owner Interest Percent ORRI Owner Percent Owner Owner %Lease No. 044O T2N-R12W Section 32: Minerals underlying the roadbed of the Sterling Highway as it passes through Clam Gulch Subdivision & underlying dedicated streets in Clam Gulch Subdivision (est. 25.562 acres) 25.526 HAK #1031623 Per Eric & Frances L. Osmar 100.00%12.500%Hilcorp Alaska, LLC 100.00% 044P 0.550 HAK #1033556 David Keith Crosby 50.00%12.500%Hilcorp Alaska, LLC 100.00% unleased Earl Carmichael 50.00% 044Q 0.520 HAK #1033556 David Keith Crosby 50.00%12.500%Hilcorp Alaska, LLC 100.00% HAK #311 Karl and Martina Lauterbach 25.00%12.500% unleased Theodore L. & Ann C. Morris 25.00% 044R T2N-R12W Section 32: Triangular portion of Lot 3, Clam Gulch Subdivision, Plat #90-28 0.400 unleased Terry A. & Theresa A. Ellis 100.00% 044S T2N-R12W Section 32: A 150' x 200' Tract in the N/2 of Lot 3 of Clam Gulch Subdivision, plat #90-28 0.680 unleased Barbara A. Minich 100.00% 044T T2N-R12W Section 32: The southeast 138.9' of Lot 3 of Clam Gulch Subdivision, plat #90-28 0.250 unleased Ronald E. & Audrey L. Russell 100.00% 044U T2N-R12W Section 32: Lot 4 & Lot 15, Clam Gulch subdivision, plat #90-28 1.000 HAK #315 Lue Rae Erickson 100.00%12.500%Hilcorp Alaska, LLC 100.00% 044V T2N-R12W Section 32: Lot 5, Clam Gulch Subdivision, plat #90-28 0.400 unleased Susan R. Cange 100.00% 044W T2N-R12W Section 32: Lots 6 & 7, Clam Gulch Subdivision, plat #90-28 0.800 unleased Ronald E. & Audrey L. Russell 100.00% 044X T2N-R12W Section 32: Lots 8 & 9, Clam Gulch Subdivision, plat #90-28 0.800 unleased John J. & Emily J. Minnick 100.00% 044Y T2N-R12W Section 32: Lots 10 & 11, Clam Gulch Subdivision, plat #90-28 0.800 HAK #1033537 Richard D. Barrickman 100.00%12.500%Hilcorp Alaska, LLC 100.00% 044Z T2N-R12W Section 32: Lot 12, Clam Gulch Subdivision, plat #90-28 0.400 HAK #1033546 Timothy G. and Kristine Moerlein 100.00%12.500%Hilcorp Alaska, LLC 100.00% T2N-R12W Section 32: Lot 1-B-2 of Clam Gulch Subdivision Morris 1979 Addition, plat #79-192 T2N-R12W Section 32: Lot 1-B-1 of Clam Gulch Subdivision, Morris 1979 Addition, Plat #79-192 Ninilchik Unit Exhibit A Updated: January 22, 2024 Page 11 of 45 Working Tract Tract Mineral Mineral Royalty ORRI Working Interest Interest No.Tract Legal Description Acreage Owner Interest Percent ORRI Owner Percent Owner Owner %Lease No. 045A 0.630 HAK #1031623 Per Eric & Frances L. Osmar 50.00%12.500%Hilcorp Alaska, LLC 100.00% unleased Theodore L. & Ann C. Morris 37.50% unleased Michael F. Harrigan 12.50% 045AA 0.510 HAK #1031623 Per Eric & Frances L. Osmar 50.00%12.500%Hilcorp Alaska, LLC 100.00% unleased Theodore L. & Ann C. Morris 37.50% unleased Scott Rumfield 12.50% 045AB 0.940 HAK #1031623 Per Eric & Frances L. Osmar 50.00%12.500%Hilcorp Alaska, LLC 100.00% unleased Theodore L. & Ann C. Morris 37.50% unleased Sally A. Lawrence 12.50% 045AC 0.510 HAK #1031623 Per Eric & Frances L. Osmar 50.00%12.500%Hilcorp Alaska, LLC 100.00% unleased Theodore L. & Ann C. Morris 37.50% unleased Debbie A. Hall 12.50% 045AD 0.460 HAK #1031623 Per Eric & Frances L. Osmar 50.00%12.500%Hilcorp Alaska, LLC 100.00% unleased Theodore L. & Ann C. Morris 37.50% unleased Donald R. and Debra A. Norvell 12.50% 045AE 0.880 HAK #1031623 Per Eric & Frances L. Osmar 50.00%12.500%Hilcorp Alaska, LLC 100.00% HAK #1031623 Leffel Family Trust 12.50%12.500% unleased Theodore L. & Ann C. Morris 37.50% 045AF 0.880 HAK #1031623 Per Eric & Frances L. Osmar 50.00%12.500%Hilcorp Alaska, LLC 100.00% unleased Theodore L. & Ann C. Morris 37.50% unleased Sheila A. Graham 12.50% 045AG 0.880 HAK #1031623 Per Eric & Frances L. Osmar 50.00%12.500%Hilcorp Alaska, LLC 100.00% unleased Theodore L. & Ann C. Morris 37.50% unleased Patricia A. Lillian & Claralene Williams 12.50% 045AH 0.390 HAK #1031623 Per Eric & Frances L. Osmar 50.00%12.500%Hilcorp Alaska, LLC 100.00% unleased Theodore L. & Ann C. Morris 37.50% unleased June A. Scheele, Mary L. Stoltman & Nola E. Stoltman 12.50% 045B 0.500 HAK #1031623 Per Eric & Frances L. Osmar 50.00%12.500%Hilcorp Alaska, LLC 100.00% HAK #310 Phyllis Edwards 12.50%12.500% unleased Theodore L. & Ann C. Morris 37.50% 045C 0.460 HAK #1031623 Per Eric & Frances L. Osmar 50.00%12.500%Hilcorp Alaska, LLC 100.00% HAK #307 Kathleen J. Powers 12.50%12.500% unleased Theodore L. & Ann C. Morris 37.50% T2N-R12W Section 29: Lot 12 & 13, Block 5, Clam Gulch Park Subdivision, Plat No. K-1506 T2N-R12W Section 29: Lot 11, Block 5, Clam Gulch Park Subdivision, Plat No. K- 1506 T2N-R12W Section 29: Lot 9, Block 5, Clam Gulch Park Subdivision, Plat No. K- 1506 T2N-R12W Section 29: Lot 8, Block 5, Clam Gulch Park Subdivision, Plat No. K- 1506 T2N-R12W Section 29: Lot 3 & 4, Block 3, Clam Gulch Park Subdivision, Plat No. K- 1506 T2N-R12W Section 29: Lot 19, Block 5, Clam Gulch Park Subdivision, Plat No. K- 1506 T2N-R12W Section 29: Lot 18, Block 5, Clam Gulch Park Subdivision, Plat No. K- 1506 T2N-R12W Section 29: Lot 16 & 17, Block 5, Clam Gulch Park Subdivision, Plat No. K-1506 T2N-R12W Section 29: Lot 14 & 15, Block 5, Clam Gulch Park Subdivision, Plat No. K-1506 T2N-R12W Section 29: Lot 10, Block 5, Clam Gulch Park Subdivision, Plat No. K- 1506 T2N-R12W Section 29: Lot 2, Block 3, Clam Gulch Park Subdivision, Plat No. K- 1506 Ninilchik Unit Exhibit A Updated: January 22, 2024 Page 12 of 45 Working Tract Tract Mineral Mineral Royalty ORRI Working Interest Interest No.Tract Legal Description Acreage Owner Interest Percent ORRI Owner Percent Owner Owner %Lease No. 045D 0.460 HAK #1031623 Per Eric & Frances L. Osmar 50.00%12.500%Hilcorp Alaska, LLC 100.00% HAK #1033552 Blanche M. Struemke 12.50%12.500% unleased Theodore L. & Ann C. Morris 37.50% 045E 0.460 HAK #1031623 Per Eric & Frances L. Osmar 50.00%12.500%Hilcorp Alaska, LLC 100.00% HAK #1033538 Phillip Boughton 4.17%12.500% HAK #304 Jack Boughton 4.17%12.500% HAK #1033539 Michel D. Lee 4.17%12.500% unleased Theodore L. & Ann C. Morris 37.50% 045F 0.920 HAK #1031623 Per Eric & Frances L. Osmar 50.00%12.500%Hilcorp Alaska, LLC 100.00% unleased Theodore L. & Ann C. Morris 37.50% unleased Sherwood Williams, Jr. & Darlene M. Ross 12.50% 045G 0.460 HAK #1031623 Per Eric & Frances L. Osmar 50.00%12.500%Hilcorp Alaska, LLC 100.00% HAK #1.33549 Robert S. Kasavage 12.50%12.500% unleased Theodore L. & Ann C. Morris 37.50% 045H 0.480 HAK #1031623 Per Eric & Frances L. Osmar 50.00%12.500%Hilcorp Alaska, LLC 100.00% unleased Danny C. & Alice Eileen Rose 12.50% unleased Theodore L. & Ann C. Morris 37.50% 045I 0.430 HAK #1031623 Per Eric & Frances L. Osmar 50.00%12.500%Hilcorp Alaska, LLC 100.00% HAK #313 Robert W. & Casina G. Wilkins 12.50%12.500% unleased Theodore L. & Ann C. Morris 37.50% 045J 1.100 HAK #1031623 Per Eric & Frances L. Osmar 50.00%12.500%Hilcorp Alaska, LLC 100.00% HAK #1033541 James L. & Doris R. Waggoner 12.50%12.500% unleased Theodore L. & Ann C. Morris 37.50% 045K 1.330 HAK #1031623 Per Eric & Frances L. Osmar 50.00%12.500%Hilcorp Alaska, LLC 100.00% unleased Theodore L. & Ann C. Morris 37.50% unleased Mildred A. Drum 12.50% 045L 0.920 HAK #1031623 Per Eric & Frances L. Osmar 50.00%12.500%Hilcorp Alaska, LLC 100.00% HAK #314 William L. & Renae Denton 12.50%12.500% unleased Theodore L. & Ann C. Morris 37.50% 045M 0.920 HAK #1031623 Per Eric & Frances L. Osmar 50.00%12.500%Hilcorp Alaska, LLC 100.00% unleased Theodore L. & Ann C. Morris 37.50% unleased Kurt Neil & Vicki L. Nelson 12.50% 045N-1 1.380 HAK #1031623 Per Eric & Frances L. Osmar 50.00%12.500%Hilcorp Alaska, LLC 100.00% unleased Theodore L. & Ann C. Morris 37.50% unleased Charles R. & Elizabeth J. Hudson 12.50% T2N-R12W Section 29: Lots 4 & 5, Block 2, Clam Gulch Park Subdivision, Plat No. K-1506 T2N-R12W Section 29: Lots 6 & 7, Block 2, Clam Gulch Park Subdivision, Plat No. K-1506 T2N-R12W Section 29: Lots 8, 9, & 10, Block 2, Clam Gulch Park Subdivision, Plat No. K-1506 T2N-R12W Section 29: Lots 4 & 5, Block 5, Clam Gulch Park Subdivision, Plat No. K-1506 T2N-R12W Section 29: Lot 3, Block 5, Clam Gulch Park Subdivision, Plat No. K- 1506 T2N-R12W Section 29: Lot 1, Block 5, Clam Gulch Park Subdivision, Plat No. K- 1506 T2N-R12W Section 29: Lot 2, Block 5, Clam Gulch Park Subdivision, Plat No. K- 1506 T2N-R12W Section 29: Lots 1 & 2, Block 1, Clam Gulch Park Subdivision, Plat No. K-1506 T2N-R12W Section 29: Lots 1,2, 3, Block 2, Clam Gulch Park Subdivision, Plat No. K-1506 T2N-R12W Section 29: Lot 7, Block 5, Clam Gulch Park Subdivision, Plat No. K- 1506 T2N-R12W Section 29: Lot 6, Block 5, Clam Gulch Park Subdivision, Plat No. K- 1506 Ninilchik Unit Exhibit A Updated: January 22, 2024 Page 13 of 45 Working Tract Tract Mineral Mineral Royalty ORRI Working Interest Interest No.Tract Legal Description Acreage Owner Interest Percent ORRI Owner Percent Owner Owner %Lease No. 045N-2 0.460 HAK #1031623 Per Eric & Frances L. Osmar 50.00%12.500%Hilcorp Alaska, LLC 100.00% HAK #591355 Victoria Joy Andrews 12.50%12.500% unleased Theodore L. & Ann C. Morris 37.50% 045O 0.970 HAK #1031623 Per Eric & Frances L. Osmar 50.00%12.500%Hilcorp Alaska, LLC 100.00% unleased Theodore L. & Ann C. Morris 37.50% unleased Richard Flanders 12.50% 045P 0.460 HAK #1031623 Per Eric & Frances L. Osmar 50.00%12.500%Hilcorp Alaska, LLC 100.00% HAK #1033536 Frances J. Todd 12.50%12.500% unleased Theodore L. & Ann C. Morris 37.50% 045Q 0.460 HAK #1031623 Per Eric & Frances L. Osmar 50.00%12.500%Hilcorp Alaska, LLC 100.00% unleased Theodore L. & Ann C. Morris 37.50% unleased John W. & Marjorie L. Williamson 12.50% 045R 0.460 HAK #1031623 Per Eric & Frances L. Osmar 50.00%12.500%Hilcorp Alaska, LLC 100.00% HAK #306 Jean M. & Larry P. Brooking 12.50%12.500% unleased Theodore L. & Ann C. Morris 37.50% 045S 0.460 HAK #1031623 Per Eric & Frances L. Osmar 50.00%12.500%Hilcorp Alaska, LLC 100.00% HAK #1033558 Michael C. Wyatt & Daune Wyatt 12.50%12.500% unleased Theodore L. & Ann C. Morris 37.50% 045T 0.460 HAK #1031623 Per Eric & Frances L. Osmar 50.00%12.500%Hilcorp Alaska, LLC 100.00% unleased Theodore L. & Ann C. Morris 37.50% unleased Lee F. & Alice M. Hawkins 12.50% 045U 0.920 HAK #1031623 Per Eric & Frances L. Osmar 50.00%12.500%Hilcorp Alaska, LLC 100.00% unleased Theodore L. & Ann C. Morris 37.50% unleased Vernon & Mary Osborn 12.50% 045V 0.460 HAK #1031623 Per Eric & Frances L. Osmar 50.00%12.500%Hilcorp Alaska, LLC 100.00% HAK #313 Robert W. & Casina G. Wilkins 12.50%12.500% unleased Theodore L. & Ann C. Morris 37.50% 045W 1.130 HAK #1031623 Per Eric & Frances L. Osmar 50.00%12.500%Hilcorp Alaska, LLC 100.00% unleased Theodore Paullas 12.50% unleased Theodore L. & Ann C. Morris 37.50% 045X 3.000 HAK #1031623 Per Eric & Frances L. Osmar 50.00%12.500%Hilcorp Alaska, LLC 100.00% unleased Theodore L. & Ann C. Morris 37.50% unleased Donald F. and Verona G. Smith 12.50% T2N-R12W Section 29: Lots 11 & 12, Block 4, Clam Gulch Park Subdivision, Plat No. K-1506 T2N-R12W Section 29: Mineral interest in dedicated roads and easements in Clam Gulch Park Subdivision, Plat No. K-1506 T2N-R12W Section 29: Lot 4, Block 4, Clam Gulch Park Subdivision, Plat No. K- 1506 T2N-R12W Section 29: Lot 5, Block 4, Clam Gulch Park Subdivision, Plat No. K- 1506 T2N-R12W Section 29: Lot 6, Block 4, Clam Gulch Park Subdivision, Plat No. K- 1506 T2N-R12W Section 29: Lot 7, Block 4, Clam Gulch Park Subdivision, Plat No. K- 1506 T2N-R12W Section 29: Lots 8 & 9, Block 4, Clam Gulch Park Subdivision, Plat No. K-1506 T2N-R12W Section 29: Lot 10, Block 4, Clam Gulch Park Subdivision, Plat No. K- 1506 T2N-R12W Section 29: Lot 11, Block 2, Clam Gulch Park Subdivision, Plat No. K- 1506 T2N-R12W Section 29: Lots 1 & 2, Block 4, Clam Gulch Park Subdivision, Plat No. K-1506 T2N-R12W Section 29: Lot 3, Block 4, Clam Gulch Park Subdivision, Plat No. K- 1506 Ninilchik Unit Exhibit A Updated: January 22, 2024 Page 14 of 45 Working Tract Tract Mineral Mineral Royalty ORRI Working Interest Interest No.Tract Legal Description Acreage Owner Interest Percent ORRI Owner Percent Owner Owner %Lease No. 045Y 12.035 HAK #1031623 Per Eric & Frances L. Osmar 50.00%12.500%Hilcorp Alaska, LLC 100.00% unleased Theodore L. & Ann C. Morris 50.00% 045Z 0.470 HAK #1031623 Per Eric & Frances L. Osmar 50.00%12.500%Hilcorp Alaska, LLC 100.00% HAK #308 Regina A. & Joe M. Miller 12.50%12.500% unleased Theodore L. & Ann C. Morris 50.00% 046 128.050 HAK #1031633 Shelle K. Leman 33.33%12.500%Hilcorp Alaska, LLC 100.00% HAK #1031633 Stephen S. Webb 33.33%12.500% HAK #1031633 Susan L. Steinbach 33.33%12.500% 047 41.000 HAK #1031614 William H. Wallner 12.50%12.500%Hilcorp Alaska, LLC 100.00% HAK #1031614 Dorothy Marie Wallner 12.50%12.500% HAK #1031614 Marjorie A. Houser 12.50%12.500% HAK #1031614 Ruth A. Wallner Creech 12.50%12.500% unleased Heirs of Helen L. Magionos 50.00% 048 2.669 HAK #1034912 Brigitte Thebaut 16.67%12.500%Hilcorp Alaska, LLC 100.00% HAK #1034912 Shirley J. Cox 16.67%12.500% HAK #1034912 William Wade & Kimberly Dawn Steik 16.67%12.500% HAK #1034912 Ann Marie Davis 8.33%12.500% HAK #1034912 Dawn M. Dutton 8.33%12.500% HAK #1034912 Jennifer Linann Wiederspohn 8.33%12.500% HAK #1034912 Jesse Udelhoven 8.33%12.500% HAK #1034912 Sandra K. Udelhoven-Taylor 8.33%12.500% HAK #1034912 Hanna Koger Udelhoven 4.17%12.500% HAK #1034912 Miranda Marilyn Udelhoven 4.17%12.500% T1N-R12W Section 6: Tract #1 of Udelhoven Subdivision (Plat #H77-70), a part of government Lot 2 T2N-R12W Section 29: Minerals underlying the Sterling Highway right-of-way as it passes through Clam Gulch Park Subdivision, Plat No. K-1506 T2N-R12W Section 29: Lot 1, Block 3, Clam Gulch Park Subdivision, Plat No. K- 1506 T2N-R12W Section 32: Lot 3 and SW/4SW/4 T1N-R12W Section 6: Tracts 1 thru 7, inclusive, of the Webb Tracts 1974 Subdivision, Plat 74-1724, including all minerals underlying dedicated roads within the N/2NE/4 T1N-R12W Section 5: Lot 4 Section 6: All of Lot 1 lying to the south and east of the Sterling Highway Ninilchik Unit Exhibit A Updated: January 22, 2024 Page 15 of 45 Working Tract Tract Mineral Mineral Royalty ORRI Working Interest Interest No.Tract Legal Description Acreage Owner Interest Percent ORRI Owner Percent Owner Owner %Lease No. 049 29.951 HAK #1034912 James Udelhoven and Barbara Karen Udelhoven, h/w 25.00%12.500%Hilcorp Alaska, LLC 6.5000%Hilcorp Alaska, LLC 100.00% HAK #1034912 Brigitte Thebaut 16.67%12.500% HAK #1034912 Shirley J. Cox 16.67%12.500% HAK #1034912 William Wade & Kimberly Dawn Steik 16.67%12.500% HAK #1034912 Ann Marie Davis 4.17%12.500% HAK #1034912 Dawn M. Dutton 4.17%12.500% HAK #1034912 Jennifer Linann Wiederspohn 4.17%12.500% HAK #1034912 Jesse Udelhoven 4.17%12.500% HAK #1034912 Sandra K. Udelhoven-Taylor 4.17%12.500% HAK #1034912 Hanna Koger Udelhoven 2.08%12.500% HAK #1034912 Miranda Marilyn Udelhoven 2.08%12.500% 049A 2.000 HAK #1034912 James Udelhoven and Barbara Karen Udelhoven, h/w 25.00%12.500%Hilcorp Alaska, LLC 3.2500%Hilcorp Alaska, LLC 100.00% HAK #1034912 Brigitte Thebaut 16.67%12.500% HAK #1034912 Shirley J. Cox 16.67%12.500% HAK #1034912 William Wade & Kimberly Dawn Steik 16.67%12.500% HAK #1034912 Ann Marie Davis 4.17%12.500% HAK #1034912 Dawn M. Dutton 4.17%12.500% HAK #1034912 Jennifer Linann Wiederspohn 4.17%12.500% HAK #1034912 Jesse Udelhoven 4.17%12.500% HAK #1034912 Sandra K. Udelhoven-Taylor 4.17%12.500% HAK #1034912 Hanna Koger Udelhoven 2.08%12.500% HAK #1034912 Miranda Marilyn Udelhoven 2.08%12.500% 050 3.620 HAK #1034912 Jennifer Linann Wiederspohn 50.00%12.500%Hilcorp Alaska, LLC 6.5000%Hilcorp Alaska, LLC 100.00% HAK #1034912 Brigitte Thebaut 16.67%12.500% HAK #1034912 William Wade & Kimberly Dawn Steik 16.67%12.500% HAK #1034912 Shirley J. Cox 16.67%12.500% 050A 2.670 HAK #1034912 Jennifer Linann Wiederspohn 50.00%12.500%Hilcorp Alaska, LLC 3.2500%Hilcorp Alaska, LLC 100.00% HAK #1034912 Brigitte Thebaut 16.67%12.500% HAK #1034912 William Wade & Kimberly Dawn Steik 16.67%12.500% HAK #1034912 Shirley J. Cox 16.67%12.500% T1N-R12W Section 6: Tracts 2, 3, 5, 6 and 7 of Udelhoven Subdivision (Plat #H77- 70), a part of government Lot 2, less that part of Tracts 2 and 3 lying outside the SW/4NE/4 and also any mineral rights lying under the roadbed of the Sterling Highway right-of-way T1N-R12W Section 6: That part of Tracts 2 and 3 of Udelhoven Subdivision (Plat #H77-70), lying outside the SW/4NE/4 T1N-R12W Section 6: That part of Tract 4 of Udelhoven Subdivision lying within the SW/4NE/4 T1N-R12W Section 6: That part of Tract 4 of Udelhoven Subdivision lying outside the SW/4NE/4 Ninilchik Unit Exhibit A Updated: January 22, 2024 Page 16 of 45 Working Tract Tract Mineral Mineral Royalty ORRI Working Interest Interest No.Tract Legal Description Acreage Owner Interest Percent ORRI Owner Percent Owner Owner %Lease No. 051 0.910 HAK #1034850 Jan Elaine Vanderbilt Revocable Trust, dtd Nov 2006 33.33%12.500%Hilcorp Alaska, LLC 6.5000%Hilcorp Alaska, LLC 100.00% HAK #1034850 Diana L. Knauf Trust, dtd May 9, 2003 33.33%12.500% HAK #1034850 Linda Kerr 33.33%12.500% 051A 2.340 HAK #1034850 Jan Elaine Vanderbilt Revocable Trust, dtd Nov 2006 33.33%12.500%Hilcorp Alaska, LLC 3.2500%Hilcorp Alaska, LLC 100.00% HAK #1034850 Diana L. Knauf Trust, dtd May 9, 2003 33.33%12.500% HAK #1034850 Linda Kerr 33.33%12.500% 052 T1N-R12W Section 6: That part of N/2SE/4 lying east of the Sterling Highway 58.000 HAK #1033560 Harold A. & Marguerite M. Pederson 100.00%12.500%Hilcorp Alaska, LLC 100.00% 053 T1N-R12W Section 6: That part of N/2SE/4 lying west of the Sterling Highway, less and except the north 165 feet and that portion of the Sterling Highway Right-of-Way lying within the N/2SE/4 21.090 HAK #1034913 Harold Lee and Diane R. Pederson 100.00%12.500%Hilcorp Alaska, LLC 6.5000%Hilcorp Alaska, LLC 100.00% 053A T1N-R12W Section 6: Lot 3, less and except the North 165' thereof 28.900 HAK #1034913 Harold Lee and Diane R. Pederson 100.00%12.500%Hilcorp Alaska, LLC 3.2500%Hilcorp Alaska, LLC 100.00% 054 2.660 HAK #1034911 Roberta A. Kizer 25.00%12.500%Hilcorp Alaska, LLC 6.5000%Hilcorp Alaska, LLC 100.00% HAK #1034911 Charles Weyhaupt 18.75%12.500% HAK #1034911 David Weyhaupt 18.75%12.500% HAK #1034911 James Reinhardt 18.75%12.500% HAK #1034911 Thomas Weyhaupt 18.75%12.500% 055 2.880 HAK #1034911 David William Petty 25.00%12.500%Hilcorp Alaska, LLC 6.5000%Hilcorp Alaska, LLC 100.00% HAK #1034911 Charles Weyhaupt 18.75%12.500% HAK #1034911 David Weyhaupt 18.75%12.500% HAK #1034911 James Reinhardt 18.75%12.500% HAK #1034911 Thomas Weyhaupt 18.75%12.500% 056 58.151 HAK #1034911 Charles Weyhaupt 18.75%12.500%Hilcorp Alaska, LLC 6.5000%Hilcorp Alaska, LLC 100.00% HAK #1034911 David Weyhaupt 18.75%12.500% HAK #1034911 James Reinhardt 18.75%12.500% HAK #1034911 Thomas Weyhaupt 18.75%12.500% HAK #1034911 Norma Jeanne Nichols 16.67%12.500% HAK #1034911 Walter G. Williams 8.33%12.500% T1N-R12W Section 6: That portion of the north 165' of the N/2SE/4 of section 6-1N- 12W lying west of the Sterling Highway T1N-R12W Section 6: The North 165' of GLO Lot 3 T1N-R12W Section 6: Block 3, Lot 2 of Clammers Haven Subdivision platted in Plat #H-76-62, a part of S/2SE/4 T1N-R12W Section 6: Block2, Lot 4 of Clammers Haven Subdivision platted in Plat #H-76-62, a part of S/2SE/4 T1N-R12W Section 6: S/2SE/4, less and except Block 2, Lots 1, 4, and 8, Block 3, Lot 2, and Block 5, Lots 1, 4, and 5 of Clammer's Haven Subdivision, Plat 76-62 Ninilchik Unit Exhibit A Updated: January 22, 2024 Page 17 of 45 Working Tract Tract Mineral Mineral Royalty ORRI Working Interest Interest No.Tract Legal Description Acreage Owner Interest Percent ORRI Owner Percent Owner Owner %Lease No. 057 3.160 HAK #1034911 Shawna A. Roney 25.00%12.500%Hilcorp Alaska, LLC 6.5000%Hilcorp Alaska, LLC 100.00% HAK #1034911 Charles Weyhaupt 18.75%12.500% HAK #1034911 David Weyhaupt 18.75%12.500% HAK #1034911 James Reinhardt 18.75%12.500% HAK #1034911 Thomas Weyhaupt 18.75%12.500% 058 3.590 HAK #1034911 Andrea Gregory 25.00%12.500%Hilcorp Alaska, LLC 6.5000%Hilcorp Alaska, LLC 100.00% HAK #1034911 Charles Weyhaupt 18.75%12.500% HAK #1034911 David Weyhaupt 18.75%12.500% HAK #1034911 James Reinhardt 18.75%12.500% HAK #1034911 Thomas Weyhaupt 18.75%12.500% 059 2.940 HAK #1034911 Charles Weyhaupt 18.75%12.500%Hilcorp Alaska, LLC 6.5000%Hilcorp Alaska, LLC 100.00% HAK #1034911 David Weyhaupt 18.75%12.500% HAK #1034911 James Reinhardt 18.75%12.500% HAK #1034911 Thomas Weyhaupt 18.75%12.500% HAK #1034911 Jens H. and Annelise Hansen 12.50%12.500% HAK #1034911 Veray H. Matthews 12.50%12.500% 060 2.900 HAK #1034911 John Stallone, Jr.25.00%12.500%Hilcorp Alaska, LLC 6.5000%Hilcorp Alaska, LLC 100.00% HAK #1034911 Charles Weyhaupt 18.75%12.500% HAK #1034911 David Weyhaupt 18.75%12.500% HAK #1034911 James Reinhardt 18.75%12.500% HAK #1034911 Thomas Weyhaupt 18.75%12.500% 061 3.260 HAK #1034911 Dennis Hedman 25.00%12.500%Hilcorp Alaska, LLC 6.5000%Hilcorp Alaska, LLC 100.00% HAK #1034911 Charles Weyhaupt 18.75%12.500% HAK #1034911 David Weyhaupt 18.75%12.500% HAK #1034911 James Reinhardt 18.75%12.500% HAK #1034911 Thomas Weyhaupt 18.75%12.500% 062 34.990 HAK #1034911 Charles Weyhaupt 18.75%12.500%Hilcorp Alaska, LLC 6.5000%Hilcorp Alaska, LLC 100.00% HAK #1034911 David Weyhaupt 18.75%12.500% HAK #1034911 James Reinhardt 18.75%12.500% HAK #1034911 Thomas Weyhaupt 18.75%12.500% HAK #1034911 Norma Jeanne Nichols 16.67%12.500% HAK #1034911 Walter G. Williams 8.33%12.500% T1N-R12W Section 6: Block2, Lot 1 of Clammers Haven Subdivision platted in Plat #H-76-62, a part of S/2SE/4 T1N-R12W Section 6: Block2, Lot 8 of Clammers Haven Subdivision platted in Plat #H-76-62, a part of S/2SE/4 T1N-R12W Section 6: Block5, Lot 1 of Clammers Haven Subdivision platted in Plat #H-76-62, a part of S/2SE/4 T1N-R12W Section 6: That part of government Lot 4 lying in the SE/4SW/4, less Block 1, Lot 9 and Block 2, Lots 3 and 4 of Clammers Haven Addition No. 1 as platted in plat #H-78-25 a/d/a That part of Block 1, Lot 4 and that part of Block 2 Lot 1 lying in the SE/4SW/4 and all of Block 1, Lots 5-8 (inclusive) and 10-16 (inclusive) and Block 2, Lots 2, 5 and 6 and any interest in road ways and easements dedicated to public use in the Clammers Haven Addition No. 1 as platted in plat # H-78-25 T1N-R12W Section 6: Block5, Lot 5 of Clammers Haven Subdivision platted in Plat #H-76-62, a part of S/2SE/4 T1N-R12W Section 6: Block5, Lot 4 of Clammers Haven Subdivision platted in Plat #H-76-62, a part of S/2SE/4 Ninilchik Unit Exhibit A Updated: January 22, 2024 Page 18 of 45 Working Tract Tract Mineral Mineral Royalty ORRI Working Interest Interest No.Tract Legal Description Acreage Owner Interest Percent ORRI Owner Percent Owner Owner %Lease No. 062A 12.110 HAK #1034911 Charles Weyhaupt 18.75%12.500%Hilcorp Alaska, LLC 3.2500%Hilcorp Alaska, LLC 100.00% HAK #1034911 David Weyhaupt 18.75%12.500% HAK #1034911 James Reinhardt 18.75%12.500% HAK #1034911 Thomas Weyhaupt 18.75%12.500% HAK #1034911 Norma Jeanne Nichols 16.67%12.500% HAK #1034911 Walter G. Williams 8.33%12.500% 062B 4.460 HAK #1034911 Edward C. and Myong C. Greene 25.00%12.500%Hilcorp Alaska, LLC 3.2500%Hilcorp Alaska, LLC 100.00% HAK #1034911 Charles Weyhaupt 18.75%12.500% HAK #1034911 David Weyhaupt 18.75%12.500% HAK #1034911 James Reinhardt 18.75%12.500% HAK #1034911 Thomas Weyhaupt 18.75%12.500% 062C 2.990 HAK #1034911 Keith C. and Flora D. Lovejoy 25.00%12.500%Hilcorp Alaska, LLC 3.2500%Hilcorp Alaska, LLC 100.00% HAK #1034911 Charles Weyhaupt 18.75%12.500% HAK #1034911 David Weyhaupt 18.75%12.500% HAK #1034911 James Reinhardt 18.75%12.500% HAK #1034911 Thomas Weyhaupt 18.75%12.500% 063 1.700 HAK #1034911 Michael and Marjorie Barry 25.00%12.500%Hilcorp Alaska, LLC 6.5000%Hilcorp Alaska, LLC 100.00% HAK #1034911 Charles Weyhaupt 18.75%12.500% HAK #1034911 David Weyhaupt 18.75%12.500% HAK #1034911 James Reinhardt 18.75%12.500% HAK #1034911 Thomas Weyhaupt 18.75%12.500% 064 1.740 HAK #1034911 Michael and Marjorie Barry 25.00%12.500%Hilcorp Alaska, LLC 6.5000%Hilcorp Alaska, LLC 100.00% HAK #1034911 Charles Weyhaupt 18.75%12.500% HAK #1034911 David Weyhaupt 18.75%12.500% HAK #1034911 James Reinhardt 18.75%12.500% HAK #1034911 Thomas Weyhaupt 18.75%12.500% 065 1.570 HAK #1034911 Charles Weyhaupt 18.75%12.500%Hilcorp Alaska, LLC 6.5000%Hilcorp Alaska, LLC 100.00% HAK #1034911 David Weyhaupt 18.75%12.500% HAK #1034911 James Reinhardt 18.75%12.500% HAK #1034911 Thomas Weyhaupt 18.75%12.500% HAK #1034911 Corey Kruse 12.50%12.500% HAK #1034911 James Kruse 12.50%12.500% T1N-R12W, S.M. Sec 6: Those parts of Clammers Haven Addition No.1 (plat H-78-25), described as all of Block 1, Lot 3 (a part of GLO Lot 4) T1N-R12W Section 6: That part of Government Lot 4 more particularly described as Block 2, Lot 4 of Clammers Haven Addition No. 1, as platted in plat # H- 78-25 T1N-R12W Section 6: That part of Government Lot 4 more particularly described as Block 2, Lot 3 of Clammers Haven Addition No. 1, as platted in plat # H- 78-25 T1N-R12W Section 6: That part of Government Lot 4 more particularly described as Block 1, Lot 9 of Clammers Haven Addition No. 1, as platted in plat # H- 78-25 T1N-R12W, S.M. Sec 6: Those parts of Clammers Haven Addition No.1 (plat H-78-25), described as all of Block 1, Lot 2 and those parts of Block 1 , Lot 4 lying outside the SE/4SW/4 AND those parts of Block 2, Lot 1 lying outside the SE/4SW/4 and all minerals underlying dedicated roads and easements lying outside the SE/4SW/4 (a part of GLO Lot 4) T1N-R12W, S.M. Sec 6: Those parts of Clammers Haven Addition No.1 (plat H-78-25), described as all of Block 1, Lot 1 (a part of GLO Lot 4) Ninilchik Unit Exhibit A Updated: January 22, 2024 Page 19 of 45 Working Tract Tract Mineral Mineral Royalty ORRI Working Interest Interest No.Tract Legal Description Acreage Owner Interest Percent ORRI Owner Percent Owner Owner %Lease No. 066 114.864 HAK #1031611 Paul David Bartolowits 33.33%12.500%Hilcorp Alaska, LLC 100.00% HAK #1031611 Richard Steven Bartolowits 33.33%12.500% HAK #1031611 Theresa Louise Wilson 33.33%12.500% 067 T1N-R12W Section 7: Lots 7 and 10 of Falls Creek Ridge 1978 Subdivision (Plat #H78-23 replatted #H78-71), a part of government Lot 2 4.030 HAK #591276 James A. and Theresa L. Wilson 100.00%12.500%Hilcorp Alaska, LLC 100.00% 068 T1N-R12W Section 7: Lots 9 and 12 of Falls Creek Ridge 1978 Subdivision (Plat #H78-23 replatted #H78-71), a part of government Lot 2 4.028 HAK #1033555 Richard S. Bartolowits 100.00%12.500%Hilcorp Alaska, LLC 100.00% 069 T1N-R12W Section 7: Lot 14 of Falls Creek Ridge 1978 Subdivision (Plat #H78-23 replatted #H78-71), a part of government Lot 2 2.028 HAK #1031350 Paul D. and LaRae A. Bartolowits 100.00%12.500%Hilcorp Alaska, LLC 100.00% 070 T1N-R12W Section 7: Lot 15 of Falls Creek Ridge 1978 Subdivision (Plat #H78-23 replatted #H78-71), a part of government Lot 2 2.026 HAK #1031612 Paul D. and LaRae A. Bartolowits 100.00%12.500%Hilcorp Alaska, LLC 100.00% 071 120.000 HAK #1031607 Adair Properties, LLC 25.00%12.500%Hilcorp Alaska, LLC 100.00% HAK #1031607 L.S. Kurtz 25.00%12.500% HAK #1031606 James M. Rusk 12.50%12.500% HAK #1031606 Margaret Calder 12.50%12.500% HAK #1031606 Marybeth Jackson 12.50%12.500% HAK #1031606 Michelle Jean McCartan 12.50%12.500% 072 T1N-R13W Section 23: Lot 2 and Lot 6 and SE/4SW/4 110.720 HAK #1031632 Marion Oskolkoff 100.00%12.500%Hilcorp Alaska, LLC 100.00% 073 T1N-R13W Section 23: A part of Government Lot 4 described as Tracts A and E of the Woodhead Subdivision platted in Plat #H-83-110 10.310 unleased Faye L. Woodhead 100.00% 074 T1N-R13W Section 23: A part of Government Lot 4 described as Tract B of the Woodhead Subdivision platted in Plat #H-83-110 7.940 unleased Robert N. Woodhead and Kathleen J. Woodhead (H&W) 100.00% 075 T1N-R13W Section 23: A part of Government Lot 4 described as Tract C of the Woodhead Subdivision platted in Plat #H-83-110 8.610 unleased Terry Lee Woodhead 100.00% T1N-R13W Section 12: E/2SE/4 and SW/4SE/4 T1N-R12W, S.M. Section 7: Government Lots 1 and 2 and the NE/4NW/4, less and except Lots 7, 9, 10, 12, 14 and 15 of Falls Creek Ridge 1978 Subdivision (Plat #H78-23 replatted #H78-71), and a portion of the NW1/4NE1/4 lying west of the centerline of the Sterling Highway; Ninilchik Unit Exhibit A Updated: January 22, 2024 Page 20 of 45 Working Tract Tract Mineral Mineral Royalty ORRI Working Interest Interest No.Tract Legal Description Acreage Owner Interest Percent ORRI Owner Percent Owner Owner %Lease No. 076 T1N-R13W Section 23: A part of Government Lot 4 described as Tract D of the Woodhead Subdivision platted in Plat #H-83-110 7.730 unleased Dale Wayne Woodhead 100.00% 077 T1N-R13W Section 27: That portion of US Goverenment Lot 6 lying in the North Half of the Northeast Quarter of the Nottheast Quarter (N2NE4NE4) in the Homer Recording District, Third Judicial District, State of Alaska 1.000 unleased James H. Mead and Muriel R. Mead 100.00% 078 18.560 HAK #1031602 Pamela Vantress Living Trust 50.00%12.500%Hilcorp Alaska, LLC 100.00% HAK #1031602 Paula Lee Honchen Living Trust 50.00%12.500% 079 55.550 HAK #321 Anne Elizabeth Milner 33.33%12.500%Hilcorp Alaska, LLC 100.00% HAK #321 Brian Alfred Milner 33.33%12.500% HAK #321 Maureen Elizabeth Milner 33.33%12.500% 080 46.844 HAK #1031599 Janet M. Clucas 20.00%12.500%Hilcorp Alaska, LLC 100.00% HAK #1031599 Judith A. Johnson 20.00%12.500% HAK #1031599 Kathleen M. Wallace 20.00%12.500% HAK #1031599 Mitzi Louise Blossom 20.00%12.500% HAK #1031599 Ogren 2013 Family Trust 20.00%12.500% 080A 6.891 HAK #1031599 Marta Denise, Javan Wayne and Alana Camille Simpson 40.00%12.500%Hilcorp Alaska, LLC 100.00% HAK #1031599 Janet M. Clucas 20.00%12.500% HAK #1031599 Kathleen M. Wallace 20.00%12.500% HAK #1031599 Mitzi Louise Blossom 20.00%12.500% 080B 4.998 HAK #1031599 Janet M. Clucas 20.00%12.500%Hilcorp Alaska, LLC 100.00% HAK #1031599 Judith A. Johnson 20.00%12.500% HAK #1031599 Kathleen M. Wallace 20.00%12.500% HAK #1031599 Mitzi Louise Blossom 20.00%12.500% HAK #1031599 Rohit Butail and Alica Mae Ogren 20.00%12.500% 080C 10.537 HAK #1031599 Dennis K. and Martha E. Ogren 20.00%12.500%Hilcorp Alaska, LLC 100.00% HAK #1031599 Janet M. Clucas 20.00%12.500% HAK #1031599 Judith A. Johnson 20.00%12.500% HAK #1031599 Mitzi Louise Blossom 20.00%12.500% HAK #1031599 Ogren 2013 Family Trust 20.00%12.500% T1N-R13W Section 27: Tract C of Corea Bend Subdivision #2, plat #99-41 T1N-R13W Section 27: That part of Lot 6 lying within the S/2NE/4NE/4 a/d/a S/2NE/4NE/4 T1N-R13W Section 27: Tract B1 of Corea Bend Subdivision #3, plat #2003-53 T1N-R13W Section 27: Lot 10 and NE/4SE/4, except Tract A, Tract B and Tract C of Corea Bend Subdivision #2, plat #99-41 T1N-R13W Section 27: Lot 7 T1N-R13W Section 27: Tract A1 of Corea Bend Subdivision #3, plat #2007-116 Ninilchik Unit Exhibit A Updated: January 22, 2024 Page 21 of 45 Working Tract Tract Mineral Mineral Royalty ORRI Working Interest Interest No.Tract Legal Description Acreage Owner Interest Percent ORRI Owner Percent Owner Owner %Lease No. 080D 11.168 HAK #1031599 Ogren 2013 Family Trust 40.00%12.500%Hilcorp Alaska, LLC 100.00% HAK #1031599 Janet M. Clucas 20.00%12.500% HAK #1031599 Kathleen M. Wallace 20.00%12.500% HAK #1031599 Mitzi Louise Blossom 20.00%12.500% 080E 5.002 HAK #1031599 Janet M. Clucas 20.00%12.500%Hilcorp Alaska, LLC 100.00% HAK #1031599 Judith A. Johnson 20.00%12.500% HAK #1031599 Kathleen M. Wallace 20.00%12.500% HAK #1031599 Mitzi Louise Blossom 20.00%12.500% HAK #1031599 Ogren 2013 Family Trust 20.00%12.500% 081 7.000 HAK #31 Janet M. and Robert C. Clucas 20.00%12.500%Hilcorp Alaska, LLC 100.00% HAK #591310 Judith A and Brent Johnson 20.00%12.500% HAK #591309 Kathleen M. Wallace 20.00%12.500% HAK #591311 Mitzi Louise Blossom 20.00%12.500% HAK #591312 Ogren 2013 Family Trust 20.00%12.500% 082 7.988 HAK #1031599 Janet M. Clucas 20.00%12.500%Hilcorp Alaska, LLC 100.00% HAK #1031599 Judith A. Johnson 20.00%12.500% HAK #1031599 Kathleen M. Wallace 20.00%12.500% HAK #1031599 Mitzi Louise Blossom 20.00%12.500% HAK #1031599 Ogren 2013 Family Trust 20.00%12.500% 083 T1N-R13W Section 27: A part of the S/2SE/4 lying north and west of the Sterling Highway described as Lots 5 and 6 of the Corea Bend Subdivision (platted as Plat #H85-15) 2.755 HAK #1031599 Joseph R. and Gail M. Alcantra 100.00%12.500%Hilcorp Alaska, LLC 100.00% 084 T1N-R13W Section 27: A part of the S/2SE/4 lying north and west of the Sterling Highway described as Lot 7 of the Corea Bend Subdivision (platted as Plat #H85-15) 1.058 HAK #1031599 Robert L. Yates 100.00%12.500%Hilcorp Alaska, LLC 100.00% 085 T1N-R13W Section 27: A part of the S/2SE/4 lying north and west of the Sterling Highway described as Lot 8 of the Corea Bend Subdivision (platted as Plat #H85-15) 1.084 HAK #1031599 Evelyn C. and James L. Smith 100.00%12.500% T1N-R13W Section 27: Tract B-2A of Corea Bend Subdivision #4, plat #2007-116 except Tract A of Corea Bend Subdivision #2, plat #99-41 T1N-R13W Section 27: Tract A of Corea Bend Subdivision #2, plat #99-41 except Tract A1 of Corea Bend Subdivision #4, plat #2007-116 T1N-R13W Section 27: That part of the SE1/SE1/4 lying east of the Sterling Highway right-of-way T1N-R13W Section 27: A part of the S/2SE/4 lying north and west of the Sterling Highway described as Lots 1, 2, 3 and 4 of the Corea Bend Subdivision (platted as Plat #H85-15) Ninilchik Unit Exhibit A Updated: January 22, 2024 Page 22 of 45 Working Tract Tract Mineral Mineral Royalty ORRI Working Interest Interest No.Tract Legal Description Acreage Owner Interest Percent ORRI Owner Percent Owner Owner %Lease No. 086 T1N-R13W Section 27: A part of the S/2SE/4 lying north and west of the Sterling Highway described as Lot 9 of the Corea Bend Subdivision (platted as Plat #H85-15) 1.435 unleased Alfred L. and Clara M. James 100.00% 087 T1N-R13W Section 27: A part of the S/2SE/4 lying north and west of the Sterling Highway described as Lot 10 of the Corea Bend Subdivision (platted as Plat #H85-15) 1.007 HAK #1031599 Les and Marcy Lauinger 100.00%12.500%Hilcorp Alaska, LLC 100.00% 088 T1N-R13W Section 27: A part of the S/2SE/4 lying north and west of the Sterling Highway described as Lot 11 of the Corea Bend Subdivision (platted as Plat #H85-15) 1.026 HAK #591264 James S. and Veronica T. Crain 100.00%12.500%Hilcorp Alaska, LLC 100.00% 089A T1N-R13W Section 27: A part of the S/2SE/4 lying north and west of the Sterling Highway described as Lots 12 of the Corea Bend Subdivision (platted as Plat #H85-15) 1.019 unleased Elizabeth Jackson Revocable Trust 100.00% 089B T1N-R13W Section 27: A part of the S/2SE/4 lying north and west of the Sterling Highway described as Lots 13 of the Corea Bend Subdivision (platted as Plat #H85-15) 1.553 unleased Ferguson Revocable Trust 100.00% 090 T1N-R13W Section 27: A part of the S/2SE/4 lying north and west of the Sterling Highway described as Lot 14 of the Corea Bend Subdivision (platted as Plat #H85-15) 1.041 HAK #1031636 James and Christine Kenshalo 100.00%12.500%Hilcorp Alaska, LLC 100.00% 091 T1N-R13W Section 27: A part of the S/2SE/4 lying north and west of the Sterling Highway described as Lot 15 of the Corea Bend Subdivision (platted as Plat #H85-15) 1.253 unleased Michael D. and Cynthia A. Massey 100.00% 092 T1N-R13W Section 27: A part of the S/2SE/4 lying north and west of the Sterling Highway described as Lot 16 of the Corea Bend Subdivision (platted as Plat #H85-15) 1.356 unleased Wayne and Paula Bumpus 100.00% 093 2.600 HAK #1031599 Janet M. Clucas 20.00%12.500%Hilcorp Alaska, LLC 100.00% HAK #1031599 Judith A. Johnson 20.00%12.500% HAK #1031599 Kathleen M. Wallace 20.00%12.500% HAK #1031599 Mitzi Louise Blossom 20.00%12.500% HAK #1031599 Ogren 2013 Family Trust 20.00%12.500% T1N-R13W Section 27: A part of the S/2SE/4 lying north and west of the Sterling Highway described as Lots 17 and 18 of the Corea Bend Subdivision (platted as Plat #H85-15) Ninilchik Unit Exhibit A Updated: January 22, 2024 Page 23 of 45 Working Tract Tract Mineral Mineral Royalty ORRI Working Interest Interest No.Tract Legal Description Acreage Owner Interest Percent ORRI Owner Percent Owner Owner %Lease No. 094 T1N-R13W Section 27: A part of the S/2SE/4 lying north and west of the Sterling Highway described as Lot 19 of the Corea Bend Subdivision (platted as Plat #H85-15) 1.123 HAK #1031599 Monte G. Krull, Sr.100.00%12.500%Hilcorp Alaska, LLC 100.00% 095 T1N-R13W Section 27: A part of the S/2SE/4 lying north and west of the Sterling Highway described as Lot 20 of the Corea Bend Subdivision (platted as Plat #H85-15) 1.158 HAK #1031636 James and Christine Kenshalo 100.00%12.500%Hilcorp Alaska, LLC 100.00% 096A T1N-R13W Section 27: A part of the S/2SE/4 lying north and west of the Sterling Highway described as Lots 21 and 22 of the Corea Bend Subdivision (platted as Plat #H85-15) 2.166 HAK #1031599 Ferguson Revocable Trust 100.00%12.500%Hilcorp Alaska, LLC 100.00% 096B T1N-R13W Section 27: A part of the S/2SE/4 lying north and west of the Sterling Highway described as Lots 23 of the Corea Bend Subdivision (platted as Plat #H85-15) 1.019 HAK #1031599 Jodie A. Wilson 100.00%12.500%Hilcorp Alaska, LLC 100.00% 097 1.180 HAK #1031599 Janet M. Clucas 20.00%12.500%Hilcorp Alaska, LLC 100.00% HAK #1031599 Kathleen M. Wallace 20.00%12.500% HAK #1031599 Mitzi Louise Blossom 20.00%12.500% HAK #1031599 Ogren 2013 Family Trust 20.00%12.500% HAK #1031599 Tammy Lee Crain 20.00%12.500% 098 41.149 HAK #1031599 Janet M. Clucas 20.00%12.500%Hilcorp Alaska, LLC 100.00% HAK #1031599 Judith A. Johnson 20.00%12.500% HAK #1031599 Kathleen M. Wallace 20.00%12.500% HAK #1031599 Mitzi Louise Blossom 20.00%12.500% HAK #1031599 Ogren 2013 Family Trust 20.00%12.500% 099 81.760 HAK #1031600 Tracy and Lois Jones 50.00%12.500%Hilcorp Alaska, LLC 100.00% HAK #1031603 Michael and Deborah Russ 48.00%12.500% unleased Basil S Bolstridge 1.00% unleased Gaylord O. Smith and Luella Smith 1.00% 100 2.080 HAK #1031603 Michael and Deborah Russ 48.00%12.500%Hilcorp Alaska, LLC 100.00% unleased David James Tyner 50.00% unleased Basil S Bolstridge 1.00% unleased Gaylord O. Smith and Luella Smith 1.00% T1N-R13W Section 27: A part of the S/2SE/4 lying north and west of the Sterling Highway described as Lot 24 of the Corea Bend Subdivision (platted as Plat #H85-15) T1N-R13W Section 27: All of the S/2SE/4 except Lots 1 - 24, inclusive of Corea Bend Subdivision (platted as Plat #H-85-15) and except the SE/4SE/4 lying east of the Sterling Highway right-of-way. T1N-R13W Section 33: That part of Government Lots 3 and 4 and the SE/4SE/4 lying east of Sterling Highway T1N-R13W Section 33: A part of Government Lots 3 and 4 and SE/4SE/4 lying west of the Sterling Highway more particularly described as Lots 1 and 2 of Seaside Terrace, platted in Plat #H82-101, replatted as Lot 1A in Plat #H89-5 Ninilchik Unit Exhibit A Updated: January 22, 2024 Page 24 of 45 Working Tract Tract Mineral Mineral Royalty ORRI Working Interest Interest No.Tract Legal Description Acreage Owner Interest Percent ORRI Owner Percent Owner Owner %Lease No. 101A 3.356 HAK #591370.1 David Ritter 50.00%12.500%Hilcorp Alaska, LLC 100.00% HAK #1031603 Michael and Deborah Russ 48.00%12.500% unleased Basil S Bolstridge 1.00% unleased Gaylord O. Smith and Luella Smith 1.00% 101B 5.974 HAK #1031603 Michael and Deborah Russ 48.00%12.500%Hilcorp Alaska, LLC 100.00% unleased Christopher M. and Janet M. Smith 50.00% unleased Basil S Bolstridge 1.00% unleased Gaylord O. Smith and Luella Smith 1.00% 102 2.940 HAK #1031603 Michael and Deborah Russ 48.00%12.500%Hilcorp Alaska, LLC 100.00% unleased Daniel A. Rock 12.50% unleased Sandra J. Rock 12.50% unleased Sherri L. Rock 12.50% unleased Timothy D. Rock 12.50% unleased Basil S Bolstridge 1.00% unleased Gaylord O. Smith and Luella Smith 1.00% 103 1.920 HAK #591336 John S. Davis & Marsha D. Davis (H&W) 50.00%12.500%Hilcorp Alaska, LLC 100.00% HAK #1031603 Michael and Deborah Russ 48.00%12.500% unleased Basil S Bolstridge 1.00% unleased Gaylord O. Smith and Luella Smith 1.00% 104 4.670 HAK #1031603 Michael and Deborah Russ 48.00%12.500%Hilcorp Alaska, LLC 100.00% unleased Norman E. Seitz & Linda L. Seitz (H&W) 50.00% unleased Basil S Bolstridge 1.00% unleased Gaylord O. Smith and Luella Smith 1.00% 105 5.280 HAK #1031603 Michael and Deborah Russ 48.00%12.500%Hilcorp Alaska, LLC 100.00% unleased Kallie R. Mousaw 50.00% unleased Basil S Bolstridge 1.00% unleased Gaylord O. Smith and Luella Smith 1.00% T1N-R13W Section 33: A part of Government Lots 3 and 4 and SE/4SE/4 lying west of the Sterling Highway more particularly described as Lot 6 of Seaside Terrace, platted in Plat #H82-101 T1N-R13W Section 33: A part of Government Lots 3 and 4 and SE/4SE/4 lying west of the Sterling Highway more particularly described as Lot 7 of Seaside Terrace, platted in Plat #H82-101 T1N-R13W Section 33: A part of Government Lots 3 and 4 and SE/4SE/4 lying west of the Sterling Highway more particularly described as Lot 8 of Seaside Terrace, platted in Plat #H82-101 T1N-R13W Section 33: A part of Government Lots 3 and 4 and SE/4SE/4 lying west of the Sterling Highway more particularly described as Lot 9 of Seaside Terrace, platted in Plat #H82-101 T1N-R13W Section 33: A part of Government Lots 3 and 4 and SE/4SE/4 lying west of the Sterling Highway more particularly described as Lot 3 of Seaside Terrace, platted in Plat #H82-101 T1N-R13W Section 33: A part of Government Lots 3 and 4 and SE/4SE/4 lying west of the Sterling Highway more particularly described as Lots 4 & 5 of Seaside Terrace, platted in Plat #H82-101 Ninilchik Unit Exhibit A Updated: January 22, 2024 Page 25 of 45 Working Tract Tract Mineral Mineral Royalty ORRI Working Interest Interest No.Tract Legal Description Acreage Owner Interest Percent ORRI Owner Percent Owner Owner %Lease No. 106 2.570 HAK #1031603 Michael and Deborah Russ 48.00%12.500%Hilcorp Alaska, LLC 100.00% unleased Kenneth W. Battley 33.33% unleased Patrick M. Davis 16.67% unleased Basil S Bolstridge 1.00% unleased Gaylord O. Smith and Luella Smith 1.00% 107 2.540 HAK #591266 James E. and Susan E. Troutman 50.00%12.500%Hilcorp Alaska, LLC 100.00% HAK #1031603 Michael and Deborah Russ 48.00%12.500% unleased Basil S Bolstridge 1.00% unleased Gaylord O. Smith and Luella Smith 1.00% 108 2.510 HAK #1031603 Michael and Deborah Russ 48.00%12.500%Hilcorp Alaska, LLC 100.00% unleased Warren S. Togni and Pat C. Togni 50.00% unleased Basil S Bolstridge 1.00% unleased Gaylord O. Smith and Luella Smith 1.00% 109 2.130 HAK #591270 Robert and Susan Hundredmark 50.00%12.500%Hilcorp Alaska, LLC 100.00% HAK #1031603 Michael and Deborah Russ 48.00%12.500% unleased Basil S Bolstridge 1.00% unleased Gaylord O. Smith and Luella Smith 1.00% 110 1.870 HAK #1031603 Michael and Deborah Russ 48.00%12.500%Hilcorp Alaska, LLC 100.00% unleased Francis D. Walter and Sheryl M. Walter 50.00% unleased Basil S Bolstridge 1.00% unleased Gaylord O. Smith and Luella Smith 1.00% 111 5.300 HAK #1033554 Ann Van Dorn Musarra and Charles A. Musarra 50.00%12.500%Hilcorp Alaska, LLC 100.00% HAK #1031603 Michael and Deborah Russ 48.00%12.500% unleased Basil S Bolstridge 1.00% unleased Gaylord O. Smith and Luella Smith 1.00% T1N-R13W Section 33: A part of Government Lots 3 and 4 and SE/4SE/4 lying west of the Sterling Highway more particularly described as Lot 12 of Seaside Terrace, platted in Plat #H82-101 T1N-R13W Section 33: A part of Government Lots 3 and 4 and SE/4SE/4 lying west of the Sterling Highway more particularly described as Lot 13 of Seaside Terrace, platted in Plat #H82-101 T1N-R13W Section 33: A part of Government Lots 3 and 4 and SE/4SE/4 lying west of the Sterling Highway more particularly described as Lot 14 of Seaside Terrace, platted in Plat #H82-101 T1N-R13W Section 33: A part of Government Lots 3 and 4 and SE/4SE/4 lying west of the Sterling Highway more particularly described as Lots 15 & 16 of Seaside Terrace, platted in Plat #H82-101 T1N-R13W Section 33: A part of Government Lots 3 and 4 and SE/4SE/4 lying west of the Sterling Highway more particularly described as Lot 10 of Seaside Terrace, platted in Plat #H82-101 and the minerals underlying Seaside Court T1N-R13W Section 33: A part of Government Lots 3 and 4 and SE/4SE/4 lying west of the Sterling Highway more particularly described as Lot 11 of Seaside Terrace, platted in Plat #H82-101 Ninilchik Unit Exhibit A Updated: January 22, 2024 Page 26 of 45 Working Tract Tract Mineral Mineral Royalty ORRI Working Interest Interest No.Tract Legal Description Acreage Owner Interest Percent ORRI Owner Percent Owner Owner %Lease No. 112A 3.010 HAK #1031603 Michael and Deborah Russ 48.00%12.500%Hilcorp Alaska, LLC 100.00% HAK #591300 Don L. McDaniel 25.00%12.500% unleased Michael E. Bennett 25.00% unleased Basil S Bolstridge 1.00% unleased Gaylord O. Smith and Luella Smith 1.00% 112B 2.914 HAK #591299 Steve Cavitt 50.00%12.500%Hilcorp Alaska, LLC 100.00% HAK #1031603 Michael and Deborah Russ 48.00%12.500% unleased Basil S Bolstridge 1.00% unleased Gaylord O. Smith and Luella Smith 1.00% 112C 3.480 HAK #591363.1 Jennifer J. Hood-Bosch 50.00%12.500%Hilcorp Alaska, LLC 100.00% HAK #1031603 Michael and Deborah Russ 48.00%12.500% unleased Basil S Bolstridge 1.00% unleased Gaylord O. Smith and Luella Smith 1.00% 113 2.480 HAK #1031603 Michael and Deborah Russ 48.00%12.500%Hilcorp Alaska, LLC 100.00% unleased Whitehead Revocable Living Trust 50.00% unleased Basil S Bolstridge 1.00% unleased Gaylord O. Smith and Luella Smith 1.00% 114 3.860 HAK #1031603 Michael and Deborah Russ 48.00%12.500%Hilcorp Alaska, LLC 100.00% HAK #591300 Don L. McDaniel 25.00%12.500% unleased Michael E. Bennett 25.00% unleased Basil S Bolstridge 1.00% unleased Gaylord O. Smith and Luella Smith 1.00% 115 40.000 HAK #1031619 Richard M. Hawkins-Mary Hawkins Estate 41.20%12.500%Hilcorp Alaska, LLC 100.00% HAK #1031619 Charles F. Hawkins-Mary Hawkins Estate 33.80%12.500% HAK #1031621 Charles F. Hawkins 5.31%12.500% HAK #1031620 Richard M. Hawkins 4.69%12.500% unleased James Hawkins 5.00% unleased Marguerite Hawkins 5.00% unleased Ian Hawkins, deceased 5.00% 116 T1S-R13W Section 4: Lot 4 40.040 HAK #1035744 Thomas H. and Carol Ann Jackson 100.00%12.500%Hilcorp Alaska, LLC 100.00% T1N-R13W Section 33: A part of Government Lots 3 and 4 and SE/4SE/4 lying west of the Sterling Highway more particularly described as Lot 17 of Seaside Terrace, platted in Plat #H82-101 T1N-R13W Section 33: A part of Government Lots 3 and 4 and SE/4SE/4 lying west of the Sterling Highway more particularly described as Lot 20 of Seaside Terrace, platted in Plat #H82-101 T1N-R13W Section 33: A part of Government Lots 3 and 4 and SE/4SE/4 lying west of the Sterling Highway more particularly described as Lot 21 of Seaside Terrace, platted in Plat #H82-101 T1N-R13W Section 34: NE/4NW/4 T1N-R13W Section 33: A part of Government Lots 3 and 4 and SE/4SE/4 lying west of the Sterling Highway more particularly described as Lot 19 of Seaside Terrace, platted in Plat #H82-101 T1N-R13W Section 33: A part of Government Lots 3 and 4 and SE/4SE/4 lying west of the Sterling Highway more particularly described as Lot 18 of Seaside Terrace, platted in Plat #H82-101 Ninilchik Unit Exhibit A Updated: January 22, 2024 Page 27 of 45 Working Tract Tract Mineral Mineral Royalty ORRI Working Interest Interest No.Tract Legal Description Acreage Owner Interest Percent ORRI Owner Percent Owner Owner %Lease No. 117 T1S-R13W Section 5: That part of Government Lot 2 lying east of the Sterling Highway 0.680 HAK #591297 Susanne Faye Windeler 100.00%12.500%Hilcorp Alaska, LLC 100.00% 118 T1S-R13W Section 5: A part of Government Lot 2 more particularly described as Lots 1 & 17 of Sunset Bluffs Subdivision as platted in Plat #H-79-5 2.080 HAK #1031351 Millett Family Trust, dtd 4/4/2006 100.00%12.500%Hilcorp Alaska, LLC 100.00% 119 T1S-R13W Section 5: A part of Government Lot 2 more particularly described as Lot 2 of Sunset Bluffs Subdivision as platted in Plat #H-79-5 1.580 HAK #591314 Robert D. and Linda L. Steinke, h/w 100.00%12.500%Hilcorp Alaska, LLC 100.00% 120 T1S-R13W Section 5: A part of Government Lot 2 more particularly described as Lot 3 of Sunset Bluffs Subdivision as platted in Plat #H-79-5 1.990 HAK #1033543 Arthur E. Decker, Jr. and Karen D. Decker 100.00%12.500%Hilcorp Alaska, LLC 100.00% 121 T1S-R13W Section 5: A part of Government Lot 2 more particularly described as Lot 4 of Sunset Bluffs Subdivision as platted in Plat #H-79-5 2.300 HAK #1031351 Millett Family Trust, dtd 4/4/2006 100.00%12.500%Hilcorp Alaska, LLC 100.00% 122 2.370 HAK #591247 Donald L. Erwin 50.00%12.500%Hilcorp Alaska, LLC 100.00% HAK #591242 Kathleen M. Kennedy 50.00%12.500% 123 3.060 HAK #1033543 Arthur T. Maze 50.00%12.500%Hilcorp Alaska, LLC 100.00% HAK #1031351 Millett Family Trust, dtd 4/4/2006 50.00%12.500% 124 T1S-R13W Section 5: A part of Government Lot 2 more particularly described as Lot 7 of Sunset Bluffs Subdivision as platted in Plat #H-79-5 2.080 HAK #1031351 Millett Family Trust, dtd 4/4/2006 100.00%12.500%Hilcorp Alaska, LLC 100.00% 125 14.729 HAK #1033543 Arthur T. Maze 50.00%12.500%Hilcorp Alaska, LLC 100.00% HAK #1031351 Millett Family Trust, dtd 4/4/2006 50.00%12.500% T1S-R13W Section 5: A part of Government Lot 2 more particularly described as Lots 8, 9, 10 and 11 of Sunset Bluffs Subdivision as platted in Plat #H-79- 5 and that part of Government Lot 2 lying under the roadbed of Sunset Drive T1S-R13W Section 5: A part of Government Lot 2 more particularly described as Lot 5 of Sunset Bluffs Subdivision as platted in Plat #H-79-5 T1S-R13W Section 5: A part of Government Lot 2 more particularly described as Lot 6 of Sunset Bluffs Subdivision as platted in Plat #H-79-5 Ninilchik Unit Exhibit A Updated: January 22, 2024 Page 28 of 45 Working Tract Tract Mineral Mineral Royalty ORRI Working Interest Interest No.Tract Legal Description Acreage Owner Interest Percent ORRI Owner Percent Owner Owner %Lease No. 126 T1S-R13W Section 5: A part of Government Lot 2 more particularly described as Lot 12 of Sunset Bluffs Subdivision as platted in Plat #H-79-5 1.170 HAK #591274 John D. Inman and Dee Ann Inman 100.00%12.500%Hilcorp Alaska, LLC 100.00% 127 2.070 HAK #1033543 Arthur T. Maze 50.00%12.500%Hilcorp Alaska, LLC 100.00% HAK #1031351 Millett Family Trust, dtd 4/4/2006 50.00%12.500% 128 T1S-R13W Section 5: A part of Government Lot 2 more particularly described as Lot 15 of Sunset Bluffs Subdivision as platted in Plat #H-79-5 1.030 HAK #1031637 Lawrence Allen 100.00%12.500%Hilcorp Alaska, LLC 100.00% 129 1.000 HAK #1033543 Arthur T. Maze 50.00%12.500%Hilcorp Alaska, LLC 100.00% HAK #1031351 Millett Family Trust, dtd 4/4/2006 50.00%12.500% 130 T1S-R13W Section 5: Lot 1 of Block 1 of Windeler Subdivision, Plat 74-1526 1.020 HAK #1035744 Leon A. Windeler Heirs 100.00%12.500%Hilcorp Alaska, LLC 100.00% 130A T1S-R13W Section 5: the mineral rights underlying that part of the Sterling Highway, the Leon Windeler Highway and Persons Drive, in so far as those roads lie within the Windeler Subdivision, Plat # 74-1526 9.221 unleased Leon A. Windeler Heirs 100.00% 131 T1S-R13W Section 5: That part of Government Lot 2 lying under the roadbed of the Sterling Highway 4.149 HAK #591297 Susanne Faye Windeler 100.00%12.500%Hilcorp Alaska, LLC 100.00% 132 T1S-R13W Section 5: That part of Government Lot 1 described as Tract A of Windeler Subdivision, Plat #74-1526 29.600 HAK #1035745 Jack A. Windeler 100.00%12.500%Hilcorp Alaska, LLC 100.00% 132A 40.000 HAK #1035747 Honora Windeler Drew 25.00%12.500%Hilcorp Alaska, LLC 100.00% HAK #1035747 Susanne Faye Windeler 25.00%12.500% unleased Ronald Ord Windeler 25.00% unleased Susanne Faye Windeler (2)25.00% 133 T1S-R13W Section 5: Lot 2 of Block 1 of Windeler Subdivision, Plat 74-1526 1.209 HAK #1035745 Ronald Ord Windeler 100.00%12.500%Hilcorp Alaska, LLC 100.00% T1S-R13W Section 5: A part of Government Lot 2 more particularly described as Lot 13 and 14 of Sunset Bluffs Subdivision as platted in Plat #H-79-5 T1S-R13W Section 5: A part of Government Lot 2 more particularly described as Lot 16 of Sunset Bluffs Subdivision as platted in Plat #H-79-5 T1S-R13W Section 5: All of the SE/4NE/4 Ninilchik Unit Exhibit A Updated: January 22, 2024 Page 29 of 45 Working Tract Tract Mineral Mineral Royalty ORRI Working Interest Interest No.Tract Legal Description Acreage Owner Interest Percent ORRI Owner Percent Owner Owner %Lease No. 134 T1S-R13W Section 5: That part of Government Lot 2 more particularly described as Block 2, Lot 1 of Windeler Subdivision as platted in Plat #H-74-1526 3.052 HAK #1035746 Honora Windeler Drew 100.00%12.500%Hilcorp Alaska, LLC 100.00% 135 T1S-R13W Section 5: Government Lots 3 and 4 and NE/4SW/4 126.630 HAK #1031609 Wayne and Irene Findley 100.00%12.500%Hilcorp Alaska, LLC 100.00% 136 T1S-R13W Section 5: A part of the SW/4NE/4 more particularly described as Lots 1, 3, 5, 6, 9, 15, 16, 17, and 18 of Bud's Acres Subdivision as platted in Plat #H85-69 and the NW/4SE/4 and the NE/4SE/4 a/d/a Tract A and B, respectively, of Herman Tracts Subdivision as platted in Plat #H-95-36 including the minerals under the Sterling Highway and Bonnard Circle, Fellin Lane and Herman Drive in so far as they lie within SW/4NE/4 & N/2SE/4 104.630 HAK #1031622 Clarence Eugene Herman 100.00%12.500%Hilcorp Alaska, LLC 100.00% 136A T1S-R13W Section 5: Lots 11 & 12 of Bud's Acres Subdivision as platted in plat #H- 85-69 2.810 HAK #1031622 James C. and Kay E. Forrest 100.00%12.500%Hilcorp Alaska, LLC 100.00% 136B T1S-R13W Section 5: Lot 10 of Bud's Acres Subdivision as platted in plat #H-85-69 1.570 HAK #1031622 Mark S. and LeAnne Herman (H&W) 100.00%12.500%Hilcorp Alaska, LLC 100.00% 136C T1S-R13W Section 5: Lots 13 & 14 of Bud's Acres Subdivision as platted in plat #H- 85-69 3.490 HAK #1031622 Ed J. and Jean F. Adamson (H&W)100.00%12.500%Hilcorp Alaska, LLC 100.00% 137 T1S-R13W Section 5: A part of the SW/4NE/4 more particularly described as Lot 2 of Bud's Acres Subdivision as platted in Plat #H85-69 2.000 HAK #1031634 Earl Bearden 100.00%12.500%Hilcorp Alaska, LLC 100.00% 138 T1S-R13W Section 5: A part of the SW/4NE/4 more particularly described as Lot 4 of Bud's Acres Subdivision as platted in Plat #H85-69 2.202 HAK #1031635 Clarence Eugene Herman 100.00%12.500%Hilcorp Alaska, LLC 100.00% 139 T1S-R13W Section 5: A part of the SW/4NE/4 more particularly described as Lot 7 of Bud's Acres Subdivision as platted in Plat #H85-69 1.291 HAK #1031635 Clarence Eugene Herman 100.00%12.500%Hilcorp Alaska, LLC 100.00% 140 1.256 HAK #591292 Stephen Vanek, Jr. and Monica J. Vanek 50.00%12.500%Hilcorp Alaska, LLC 100.00% unleased Scott and Karen Bennett (H&W)50.00% T1S-R13W Section 5: A part of the SW/4NE/4 more particularly described as Lot 8 of Bud's Acres Subdivision as platted in Plat #H85-69 Ninilchik Unit Exhibit A Updated: January 22, 2024 Page 30 of 45 Working Tract Tract Mineral Mineral Royalty ORRI Working Interest Interest No.Tract Legal Description Acreage Owner Interest Percent ORRI Owner Percent Owner Owner %Lease No. 141 4.000 unleased Evelyn Terry McLaughlin 50.00% unleased Patricia Terry Lodge 33.33% unleased Lila Terry Hanson 16.67% 141A T1S-R13W Section 5: The west 132' of the N/2NW/4SW/4SW/4 1.000 unleased James C. Sanders 100.00% 142 35.000 HAK #1030482 Paul Dionne 50.00%16.670%Intrepid Production Co.5.3333%Hilcorp Alaska, LLC 100.00% HAK #1030482 Susan Dionne - Kaffke 50.00%16.670% 143 T1S-R13W Section 5: SE/4SW/4 40.000 unleased Henry George Gain and Flora Eugenia Gain 100.00% 144 T1S-R13W Section 6: Lot 1 10.060 HAK #1031610 Bea and Andrew Bachner 100.00%12.500%Hilcorp Alaska, LLC 100.00% 145 49.520 HAK #1030482 Paul Dionne 50.00%16.670%Intrepid Production Co.3.3333%Hilcorp Alaska, LLC 100.00% HAK #1030482 Susan Dionne - Kaffke 50.00%16.670%Hardy Hutto 2.0000% 146 40.000 HAK #1030482 Paul Dionne 50.00%16.670%Intrepid Production Co.5.3333%Hilcorp Alaska, LLC 100.00% HAK #1030482 Susan Dionne - Kaffke 50.00%16.670% 147 40.000 HAK #835362 Carl W. and Linda E. Kinkead 20.00%12.500%Hilcorp Alaska, LLC 100.00% HAK #833999 David Ray Reaves and Sherry Ann Reaves 20.00%12.500% HAK #1031354 Linda Marie McCool 20.00%12.500% HAK #1031353 Paul Joseph Rochon Estate 20.00%12.500% HAK #1031355 Ward Randall Grilley 20.00%12.500% 148 8.724 HAK #1030708 James R. Sabrowski and Susanne E. Sabrowski 50.00%12.500%Hilcorp Alaska, LLC 100.00% HAK #1030708 Leonard & Juanita Sabrowski Revocable Living Trust 50.00%12.500% 149 T 1S - R 13W Section 7: All of the NE4SW4, excepting Lot 1 of Tieman Subdivision, Plat No 85-129, Homer Recording District, and excepting that portion of E½E½NE¼SW¼, Plat No. 86-16 BS, lying north of Sterling Highway 23.550 HAK #591294 Forgetmenot, LLC 100.00%12.500%Hilcorp Alaska, LLC 100.00% T1S-R13W Section 5: S/2SW/4SW/4 & NE/4SW/4SW/4 & S/2NW/4SW/4SW/4 T1S-R13W Section 6: Lot 2 T1S-R13W Section 7: NE/4NE/4 T1S-R13W Section 7: SE/4NE/4 T1S-R13W Section 7: That part of the NE/4SW/4 more particularly described as Lot 1 of Tieman Subdivision as platted in Plat #H-85-129 T1S-R13W Section 5: N/2NW/4SW/4SW/4 less the west 132' thereof Ninilchik Unit Exhibit A Updated: January 22, 2024 Page 31 of 45 Working Tract Tract Mineral Mineral Royalty ORRI Working Interest Interest No.Tract Legal Description Acreage Owner Interest Percent ORRI Owner Percent Owner Owner %Lease No. 150 T1S-R13W Section 7: That part of the NE/4SW/4 more particularly described as Lot 3 of Tieman Subdivision as platted in Plat #H-85-129 a/d/a E/2NE/4NE/4SW/4 and that part of the E/2SE/4NE/4SW/4 lying north of the northerly right of way of the Sterling Highway. 10.540 HAK #830117 Boyd Daniel Leman 100.00%12.500%Hilcorp Alaska, LLC 100.00% 151 T1S-R13W Section 7: That part of the NW/4SE/4 lying north of the Sterling Highway, less and except that part described as Lot 1 of Aurora Vista Subdivision platted in Plat #H-96-13 22.092 HAK # KPB # 591210 12-0816-00 Kenai Peninsula Borough 100.00%12.500%Hilcorp Alaska, LLC 100.00% 152 T1S-R13W Section 7: That part of the NW/4SE/4 lying north of the Sterling Highway more particularly described as Lot 1 of Aurora Vista Subdivision in Plat #H-96-13 1.290 HAK #591302 Aurora Communications International, Inc. 100.00%12.500%Hilcorp Alaska, LLC 100.00% 153 7.151 HAK #591307 Kathleen McConnell 66.67%12.500%Hilcorp Alaska, LLC 100.00% HAK #591308 Jeanne Potter 33.33%12.500% 154 T1S-R13W Section 7: That part of the NE4SE4 lying north of the Sterling Highway 8.000 HAK #591304 Donald Pinnow 100.00%12.500%Hilcorp Alaska, LLC 100.00% 155 T1S-R13W Section 7: That part of the NE/4SE/4 lying south of the Sterling Highway 27.000 unleased Shirley J. Provence 100.00% 156 T1S-R13W Section 7 The SE4SW4 and the SW4SE4, except Lots 41 and 42 of Summerset Acres Subdivision, Plat No. 86-45, Homer Recording District. 77.450 HAK #591294 Forgetmenot, LLC 100.00%12.500%Hilcorp Alaska, LLC 100.00% 156A T1S-R13W Section 7: Lots 41 & 42 of Summerset Acres Subdivision (plat #H86-45) 2.540 unleased Michael Walsh 100.00% 157 T1S-R13W Section 8: N/2NW/4 80.000 unleased Henry George Gain and Flora Eugenia Gain 100.00% T1S-R13W Section 7: That part of the NW/4SE/4 lying south of the Sterling Highway Ninilchik Unit Exhibit A Updated: January 22, 2024 Page 32 of 45 Working Tract Tract Mineral Mineral Royalty ORRI Working Interest Interest No.Tract Legal Description Acreage Owner Interest Percent ORRI Owner Percent Owner Owner %Lease No. 158 17.885 HAK #835362 Carl W. and Linda E. Kinkead 20.00%12.500%Hilcorp Alaska, LLC 100.00% HAK #833999 David Ray Reaves and Sherry Ann Reaves 20.00%12.500% HAK #1031354 Linda Marie McCool 20.00%12.500% HAK #1031353 Paul Joseph Rochon Estate 20.00%12.500% HAK #1031355 Ward Randall Grilley 20.00%12.500% 159 T1S-R13W Section 8: All of the SW/4NW/4 lying east of the Sterling Highway a/d/a Lots 1, 2, 3 & 4 of E. Mounts Subdivision as platted in plat #H-81-23 22.115 HAK #1031352 Carolyn O. Reifsnyder 100.00%12.500%Hilcorp Alaska, LLC 100.00% 160 T1S-R13W Section 8: NW/4SW/4 40.000 HAK #1029943 Elizabeth Quick 100.00%12.500%Hilcorp Alaska, LLC 100.00% 161 T1S-R13W Section 18: NE/4NW/4 40.000 HAK #591294 Forgetmenot, LLC 100.00%12.500%Hilcorp Alaska, LLC 100.00% 162 35.980 HAK #1035971 Charles E. Gates 20.00%12.500%Hilcorp Alaska, LLC 100.00% HAK #1035972 George A. and Patricia Gates 20.00%12.500% HAK #1035970 James B. and Patricia Webster 20.00%12.500% HAK #1035974 L.R. and Katherine Lunne 20.00%12.500% HAK #1035973 Robert L. and Carol A. Wilson 20.00%12.500% 163 33.210 HAK #1035971 Charles E. Gates 20.00%12.500%Hilcorp Alaska, LLC 100.00% HAK #1035972 George A. and Patricia Gates 20.00%12.500% HAK #1035970 James B. and Patricia Webster 20.00%12.500% HAK #1035974 L.R. and Katherine Lunne 20.00%12.500% HAK #1035973 Robert L. and Carol A. Wilson 20.00%12.500% 164A 40.000 HAK #591367.1 Ninilchik Point View LLC 75.00%12.500%Hilcorp Alaska, LLC 100.00% HAK #591296 George R. Maki, Jr.8.33%12.500% HAK #1306000001 Edward L. and Linda M. Maki 8.33%12.500% HAK #5910084 Gloria Ann & Randy Ropelato 8.33%12.500% 164B 10.000 HAK #1302500001 George R. Maki, Jr.33.33%12.500%Hilcorp Alaska, LLC 100.00% HAK #1306000001 Edward L. and Linda M. Maki 33.33%12.500% HAK #5910084 Gloria Ann & Randy Ropelato 33.33%12.500% 164C 30.000 HAK #591366.1 Darwin E. Waldsmith and Kaye A. Waldsmith Trust, dtd 11-15-2006 75.00%12.500%Hilcorp Alaska, LLC 100.00% HAK #591296 George R. Maki, Jr.8.33%12.500% HAK #1306000001 Edward L. and Linda M. Maki 8.33%12.500% HAK #5910084 Gloria Ann & Randy Ropelato 8.33%12.500% T1S-R13W Section 8: That part of the SW/4NW/4 lying west of the Sterling Highway a/d/a Lots 5 & 6 of the E. Mounts Subdivision as platted in plat #H-81-23 T1S-R14W Section 12: Lot 2 T1S-R14W Section 13: Lot 1 T1S-R14W Section 13: Portions of lands located in the S1/2SW1/4, lying West of the Sterling Highway. T1S-R14W Section 13: Portions of lands located in the S1/2SW1/4, lying East of the Sterling Highway. T1S-R14W Section 13: Portions of lands located in the S1/2SW1/4, lying under the Sterling Highway. Ninilchik Unit Exhibit A Updated: January 22, 2024 Page 33 of 45 Working Tract Tract Mineral Mineral Royalty ORRI Working Interest Interest No.Tract Legal Description Acreage Owner Interest Percent ORRI Owner Percent Owner Owner %Lease No. 165 24.720 HAK #1033038 Cynthia L. Baganov, fka Cynthia L. Hatton 10.00%12.500%Hilcorp Alaska, LLC 100.00% HAK #1031157 Stephen M. and Theresa Wackowski 46.15%12.500% HAK #1031157 Hilcorp Alaska, LLC 43.85%12.500% 166 4.420 HAK #591344.1 John D. McCombs and Deidre E. McCombs 75.00%12.500%Hilcorp Alaska, LLC 100.00% HAK #1031601 Hilcorp Alaska, LLC 25.00%12.500% 167 1.950 HAK #1031050 Thomas James and Deborah Ann Bandelow 75.00%12.500%Hilcorp Alaska, LLC 100.00% HAK #1031601 Hilcorp Alaska, LLC 25.00%12.500% 168 4.390 HAK #1031396 Gailan B. Johnson 75.00%12.500%Hilcorp Alaska, LLC 100.00% HAK #1031601 Hilcorp Alaska, LLC 25.00%12.500% 169 2.240 HAK #1031196 Robert Flygenring and Cheryl King 75.00%12.500%Hilcorp Alaska, LLC 100.00% HAK #1031601 Hilcorp Alaska, LLC 25.00%12.500% 170 1.060 HAK #1031601 Hilcorp Alaska, LLC 25.00%12.500%Hilcorp Alaska, LLC 100.00% HAK #1279900001 Gailan B. Johnson and Carol Lane- Johnson 75.00%12.500% 171 1.070 HAK #1031087 Michael Roy Smith 75.00%12.500%Hilcorp Alaska, LLC 100.00% HAK #1031601 Hilcorp Alaska, LLC 25.00%12.500% 172 3.410 HAK #1031601 Hilcorp Alaska, LLC 25.00%12.500%Hilcorp Alaska, LLC 100.00% HAK #591000 Gary and Marna Andes 37.50%12.500% unleased Estate of Gale R. Graham 37.50% 173 3.195 HAK #591215 Walter L. Wilson 75.00%12.500%Hilcorp Alaska, LLC 100.00% HAK #1031601 Hilcorp Alaska, LLC 25.00%12.500% 173A 1.434 HAK #1031085 Paul E. Parsons, Jr. and Cindi L. Parsons 75.00%12.500%Hilcorp Alaska, LLC 100.00% HAK #1031601 Hilcorp Alaska, LLC 25.00%12.500% T1S-R14W Section 13: Tracts 1&2 of Catledge-Wilson Subdivision, Tract A, Plat #78-32 T1S-R14W Section 13: Tract 3 of Catledge-Wilson Subdivision, Tract A, Plat #78-32 T1S-R14W Section 13: Tracts 4, 5, 8 & 11 of Catledge-Wilson Subdivision, Tract A, Plat #78-32 T1S-R14W Section 13: Tracts 6 & 7 of Catledge-Wilson Subdivision, Tract A, Plat #78-32 T1S-R14W Section 13: Tract 9 of Catledge-Wilson Subdivision, Tract A, Plat #78- 32, including portions underneath the dedicated subdivision right-of-way bordering the Lot lines and extending to the centerline of the right-of-way. T1S-R14W SM AK Section 13: Tract 10 of Leonard Catledge Subdivision, Wilson 1977 Subdivision, Tract A, Plat #78-32 Township 1 South, Range 14 West, Seward Meridian, Alaska Section 13: Tract 12 of Catledge-Wilson Subdivision, Tract A, Plat #78- 32 T1S-R14W Section 13: Minerals underlying streets and roads in Catledge-Wilson Subdivision, Tract A, Plat #78-32 T1S-R14W Section 13: Tract 13 of Catledge-Wilson Subdivision, Tract A, Plat #78- 32 T1S-R14W Section 14: Tracts A & B and the north 6.34 acres of Tract C of the Heavenly Sights Subdivision, Plat H-96-17, a/d/a GLO Lot 1 Ninilchik Unit Exhibit A Updated: January 22, 2024 Page 34 of 45 Working Tract Tract Mineral Mineral Royalty ORRI Working Interest Interest No.Tract Legal Description Acreage Owner Interest Percent ORRI Owner Percent Owner Owner %Lease No. 174A 23.567 HAK #591368.1 Ninilchik Point View LLC 75.00%12.500%Hilcorp Alaska, LLC 100.00% HAK #1031601 Hilcorp Alaska, LLC 25.00%12.500% 174B 23.782 HAK #591365.1 Darwin E. Waldsmith and Kaye A. Waldsmith Trust, dtd 11-15-2006 75.00%12.500%Hilcorp Alaska, LLC 100.00% HAK #1031601 Hilcorp Alaska, LLC 25.00%12.500% 175 T1S-R14W Section 13: Tract D of Catledge Subdivision, plat #74-2075, including portions underneath the dedicated subdivision right-of-way bordering the Lot lines and extending to the centerline of the right-of-way. 1.990 HAK #1031601 Hilcorp Alaska, LLC 100.00%12.500%Hilcorp Alaska, LLC 100.00% 176 1.070 HAK #1031601 Hilcorp Alaska, LLC 50.00%12.500%Hilcorp Alaska, LLC 100.00% HAK #51321000 The Donna Lynn West Living Trust 50.00%12.500% 176A 1.330 HAK #1031601 Hilcorp Alaska, LLC 50.00%12.500%Hilcorp Alaska, LLC 100.00% HAK #1033557 David M. and Jeanine B. Shea 50.00%12.500% 176B1 1.330 HAK #2013100000 Hilcorp Alaska, LLC 75.00%12.500%Hilcorp Alaska, LLC 100.00% HAK #51321000 The Jim and Lorraine Brisco Living Trust dtd 9-13-05 25.00%12.500% 176B2 1.330 HAK #2013100000 Hilcorp Alaska, LLC 75.00%12.500%Hilcorp Alaska, LLC 100.00% HAK #51321000 Mark and April Stover 25.00%12.500% 176B3 1.330 HAK #2013100000 Hilcorp Alaska, LLC 75.00%12.500%Hilcorp Alaska, LLC 100.00% HAK #51321000 Brandon Skeel 25.00%12.500% Township 1 South, Range 14 West, Seward Meridian, Alaska. Section 13: Lot 22 of the Red Bluff Terrace Subdivision Addition No. 2, Plat No. 2004-42, including portions underneath the dedicated subdivision right-of-way bordering the Lot lines and extending to the centerline of the right-of-way. Township 1 South, Range 14 West, Seward Meridian, Alaska. Section 13: Lot 23 of the Red Bluff Terrace Subdivision Addition No. 2, Plat No. 2004-42, including portions underneath the dedicated subdivision right-of-way bordering the Lot lines and extending to the centerline of the right-of-way. Township 1 South, Range 14 West, Seward Meridian, Alaska. Section 13: Lot 24 of the Red Bluff Terrace Subdivision Addition No. 2, Plat No. 2004-42, including portions underneath the dedicated subdivision right-of-way bordering the Lot lines and extending to the centerline of the right-of-way. Township 1 South, Range 14 West, Seward Meridian, Alaska. Section 13: Lot 9 of the Red Bluff Terrace Subdivision Addition No. 2, Plat No. 2004-42, including portions underneath the dedicated subdivision right-of-way bordering the Lot lines and extending to the centerline of the right-of-way. T1S-R14W Section 13: Leonard Catledge Subdivision, Tract C, Plat No. 74-2075 T1S-R14W Section 13: Leonard Catledge Subdivision, Tract B, Plat No. 74-2075 Township 1 South, Range 14 West, Seward Meridian, Alaska. Section 13: Lot 10 of the Red Bluff Terrace Subdivision Addition No. 2, Plat No. 2004-42, including portions underneath the dedicated subdivision right-of-way bordering the Lot lines and extending to the centerline of the right-of-way. Ninilchik Unit Exhibit A Updated: January 22, 2024 Page 35 of 45 Working Tract Tract Mineral Mineral Royalty ORRI Working Interest Interest No.Tract Legal Description Acreage Owner Interest Percent ORRI Owner Percent Owner Owner %Lease No. 176C 2.060 HAK #2013100000 Hilcorp Alaska, LLC 75.00%12.500%Hilcorp Alaska, LLC 100.00% HAK #51321000 D & D Harrison Living Trust 25.00%12.500% 176D 1.090 HAK #1031601 Hilcorp Alaska, LLC 50.00%12.500%Hilcorp Alaska, LLC 100.00% HAK #51321000 Jesse S. Wallace 50.00%12.500% 176E 1.110 HAK #1031601 Hilcorp Alaska, LLC 50.00%12.500%Hilcorp Alaska, LLC 100.00% HAK #51321000 Julie D. Kelley and Michael R. Milazzo 50.00%12.500% 176F 1.110 HAK #1031601 Hilcorp Alaska, LLC 50.00%12.500%Hilcorp Alaska, LLC 100.00% HAK #51321000 Ronald L. and Dorothy A. Palmer, Trustees of the Palmer Rev Living Trust 50.00%12.500% 176G 1.070 HAK #1031601 Hilcorp Alaska, LLC 50.00%12.500%Hilcorp Alaska, LLC 100.00% HAK #51321000 Zachary J. Petrusa and Brenda Collen Simons-Petrusa 50.00%12.500% 176H 1.070 HAK #1031601 Hilcorp Alaska, LLC 50.00%12.500%Hilcorp Alaska, LLC 100.00% HAK #51321000 James Brown and Linda L. Brown, h/w 50.00%12.500% 176I 1.259 HAK #51321000 Chun-Ni Noratuk and Pamela S. Noratuk 50.00%12.500%Hilcorp Alaska, LLC 100.00% HAK #1031601 Hilcorp Alaska, LLC 50.00%12.500% Township 1 South, Range 14 West, Seward Meridian, Alaska. Section 13: Lots 18 & 19 of the Red Bluff Terrace Subdivision Addition No. 2, Plat No. 2004-42, including portions underneath the dedicated subdivision right-of-way bordering the Lot lines and extending to the centerline of the right-of-way. Township 1 South, Range 14 West, Seward Meridian, Alaska. Section 13: Lot 12 of the Red Bluff Terrace Subdivision Addition No. 2, Plat No. 2004-42, including portions underneath the dedicated subdivision right-of-way bordering the Lot lines and extending to the centerline of the right-of-way. Township 1 South, Range 14 West, Seward Meridian, Alaska. Section 13: Lot 11 of the Red Bluff Terrace Subdivision Addition No. 2, Plat No. 2004-42, including portions underneath the dedicated subdivision right-of-way bordering the Lot lines and extending to the centerline of the right-of-way. Township 1 South, Range 14 West, Seward Meridian, Alaska. Section 13: Lot 15 of the Red Bluff Terrace Subdivision Addition No. 2, Plat No. 2004-42, including portions underneath the dedicated subdivision right-of-way bordering the Lot lines and extending to the centerline of the right-of-way. Township 1 South, Range 14 West, Seward Meridian, Alaska. Section 13: Lot 14 of the Red Bluff Terrace Subdivision Addition No. 2, Plat No. 2004-42, including portions underneath the dedicated subdivision right-of-way bordering the Lot lines and extending to the centerline of the right-of-way. Township 1 South, Range 14 West, Seward Meridian, Alaska. Section 13: Lot 13 of the Red Bluff Terrace Subdivision Addition No. 2, Plat No. 2004-42, including portions underneath the dedicated subdivision right-of-way bordering the Lot lines and extending to the centerline of the right-of-way. Township 1 South, Range 14 West, Seward Meridian, Alaska. Section 13: Lot 16 of the Red Bluff Terrace Subdivision Addition No. 2, Plat No. 2004-42, including portions underneath the dedicated subdivision right-of-way bordering the Lot lines and extending to the centerline of the right-of-way. Ninilchik Unit Exhibit A Updated: January 22, 2024 Page 36 of 45 Working Tract Tract Mineral Mineral Royalty ORRI Working Interest Interest No.Tract Legal Description Acreage Owner Interest Percent ORRI Owner Percent Owner Owner %Lease No. 176J 1.360 HAK #51321000 D & D Harrison Living Trust 50.00%12.500%Hilcorp Alaska, LLC 100.00% HAK #1031601 Hilcorp Alaska, LLC 50.00%12.500% 176K Township 1 South, Range 14 West, Seward Meridian, Alaska. Section 13: Lot 20 of the Red Bluff Terrace Subdivision Addition No. 2, Plat No. 2004-42, including portions underneath the dedicated subdivision right-of-way bordering the Lot lines and extending to the centerline of the right-of-way. 1.090 HAK # HAK # 51321000 1031601 Hilcorp Alaska, LLC 100.00%12.500%Hilcorp Alaska, LLC 100.00% 176L 1.190 HAK #51321000 Hilcorp Alaska, LLC 75.00%12.500%Hilcorp Alaska, LLC 100.00% HAK #51321000 Sandra Ford and John Ford, wife and husband 25.00%12.500% 176M Township 1 South, Range 14 West, Seward Meridian, Alaska. Section 13: Lot 25 of the Red Bluff Terrace Subdivision Addition No. 2, Plat No. 2004-42, including portions underneath the dedicated subdivision right-of-way bordering the Lot lines and extending to the centerline of the right-of-way. 1.090 HAK #201310000 Hilcorp Alaska, LLC 100.00%12.500%Hilcorp Alaska, LLC 100.00% 176N 1.000 HAK #1031601 Hilcorp Alaska, LLC 50.00%12.500%Hilcorp Alaska, LLC 100.00% HAK #51321000 James Dullinger and Sharon Dullinger, husband and wife 50.00%12.500% 176O Township 1 South, Range 14 West, Seward Meridian, Alaska. Section 13: Portions of Government Lot 2 & SE1/4NW1/4 lying West and North of the Red Bluff Terrace Subdivision Addition No. 1 & Red Bluff Terrace Subdivision Addition No. 2 & East of Red Bluff Terrace Subdivision, including portions underneath the dedicated subdivision right-of-way bordering the Lot lines and extending to the centerline of the right-of-way. 12.980 HAK #2013100000 Hilcorp Alaska, LLC 100.00%12.500%Hilcorp Alaska, LLC 100.00% Township 1 South, Range 14 West, Seward Meridian, Alaska. Section 13: Lot 26 of the Red Bluff Terrace Subdivision Addition No. 2, Plat No. 2004-42, including portions underneath the dedicated subdivision right-of-way bordering the Lot lines and extending to the centerline of the right-of-way. Township 1 South, Range 14 West, Seward Meridian, Alaska. Section 13: Lot 21 of the Red Bluff Terrace Subdivision Addition No. 2, Plat No. 2004-42, including portions underneath the dedicated subdivision right-of-way bordering the Lot lines and extending to the centerline of the right-of-way. Township 1 South, Range 14 West, Seward Meridian, Alaska. Section 13: Lot 17 of the Red Bluff Terrace Subdivision Addition No. 2, Plat No. 2004-42, including portions underneath the dedicated subdivision right-of-way bordering the Lot lines and extending to the centerline of the right-of-way. Ninilchik Unit Exhibit A Updated: January 22, 2024 Page 37 of 45 Working Tract Tract Mineral Mineral Royalty ORRI Working Interest Interest No.Tract Legal Description Acreage Owner Interest Percent ORRI Owner Percent Owner Owner %Lease No. 177 1.120 HAK #51321000 Hilcorp Alaska, LLC 75.00%12.500%Hilcorp Alaska, LLC 100.00% HAK #1033557 Dario Lopez 25.00%12.500% 178 1.000 HAK #1033557 James A. Dullinger and Sharon K. Dullinger 50.00%12.500%Hilcorp Alaska, LLC 100.00% HAK #1031601 Hilcorp Alaska, LLC 50.00%12.500% 179 1.000 HAK #591332 David R. Kodysz and Jean R. Gregorich 75.00%12.500%Hilcorp Alaska, LLC 100.00% HAK #1031601 Hilcorp Alaska, LLC 25.00%12.500% 180 1.630 HAK #2013100000 Hilcorp Alaska, LLC 75.00%12.500%Hilcorp Alaska, LLC 100.00% HAK #316 Janet M. and Robert C. Clucas 25.00%12.500% 181 Township 1 South, Range 14 West, Seward Meridian, Alaska. Section 13: Lot 3, Block 3 of the Red Bluff Terrace Subdivision, Plat No. 86-57, including portions underneath the dedicated subdivision right-of- way bordering the Lot lines and extending to the centerline of the right-of- way. 1.300 HAK #1031601 Hilcorp Alaska, LLC 100.00%12.500%Hilcorp Alaska, LLC 100.00% 182 1.130 HAK #51321000 Dan C. and Beatrice D. Hubbard, h/w 50.00%12.500%Hilcorp Alaska, LLC 100.00% HAK #1031601 Hilcorp Alaska, LLC 50.00%12.500% 182A Township 1 South, Range 14 West, Seward Meridian, Alaska. Section 13: Lot 1, Block 3 of the Red Bluff Terrace Subdivision, Plat No. 86-57, including portions underneath the dedicated subdivision right-of- way bordering the Lot lines and extending to the centerline of the right-of- way. 2.620 HAK #51321000 Hilcorp Alaska, LLC 100.00%12.500%Hilcorp Alaska, LLC 100.00% Township 1 South, Range 14 West, Seward Meridian, Alaska. Section 13: Lot 2, Block 3 of the Red Bluff Terrace Subdivision, Plat No. 86-57, including portions underneath the dedicated subdivision right-of- way bordering the Lot lines and extending to the centerline of the right-of- way. Township 1 South, Range 14 West, Seward Meridian, Alaska. Section 13: Lot 1, Block 1 of the Red Bluff Terrace Subdivision Addition No. 1, Plat No. 86-58, including portions underneath the dedicated subdivision right-of-way bordering the Lot lines and extending to the centerline of the right-of-way. Township 1 South, Range 14 West, Seward Meridian, Alaska. Section 13: Lot 6, Block 1 of the Red Bluff Terrace Subdivision Addition No. 1, Plat No. 86-58, including portions underneath the dedicated subdivision right-of-way bordering the Lot lines and extending to the centerline of the right-of-way. Township 1 South, Range 14 West, Seward Meridian, Alaska. Section 13: Lot 3, Block 1 of the Red Bluff Terrace Subdivision Addition No. 1, Plat No. 86-58, including portions underneath the dedicated subdivision right-of-way bordering the Lot lines and extending to the centerline of the right-of-way. Township 1 South, Range 14 West, Seward Meridian, Alaska. Section 13: Lot 2, Block 1 of the Red Bluff Terrace Subdivision Addition No. 1, Plat 86-58, including portions underneath the dedicated subdivision right-of-way bordering the Lot lines and extending to the centerline of the right-of-way. Ninilchik Unit Exhibit A Updated: January 22, 2024 Page 38 of 45 Working Tract Tract Mineral Mineral Royalty ORRI Working Interest Interest No.Tract Legal Description Acreage Owner Interest Percent ORRI Owner Percent Owner Owner %Lease No. 182B 1.130 HAK #1031601 Hilcorp Alaska, LLC 50.00%12.500%Hilcorp Alaska, LLC 100.00% HAK #51321000 Paul Mann 50.00%12.500% 182C 1.130 HAK #1031601 Hilcorp Alaska, LLC 50.00%12.500%Hilcorp Alaska, LLC 100.00% HAK #51321000 John M. Chiri and Alice S. Chiri 50.00%12.500% 182D 1.000 HAK #1031601 Hilcorp Alaska, LLC 50.00%12.500%Hilcorp Alaska, LLC 100.00% HAK #51321000 The Donna Lynn West Living Trust, dated December 20, 2010 50.00%12.500% 182E 1.480 HAK #1031601 Hilcorp Alaska, LLC 50.00%12.500%Hilcorp Alaska, LLC 100.00% HAK #51321000 Steven L. Violette 50.00%12.500% 182F 0.806 HAK #51321000 Bear Creek Bend, LLC 50.00%12.500%Hilcorp Alaska, LLC 100.00% HAK #1031601 Hilcorp Alaska, LLC 50.00%12.500% 184 Township 1 South, Range 14 West, S.M., Alaska. Section 13: Lot 1 of the Pherson Acres No. 2 Subdivision, Plat 2002-16; and Tract B1 of the Pherson Acres No. 2 Subdivision, Plat 2002-16, including portions underneath the dedicated subdivision right-of-way bordering the Lot lines and extending to the centerline of the right-of-way. 5.424 HAK #591301 Richard Lee & Jeannie Lou Johnson 100.00%12.500%Hilcorp Alaska, LLC 100.00% 184A Township 1 South, Range 14 West, S.M., Alaska. Section 13: Tract "A" of Pherson Acres Subdivision, plat #H-2001-19, including portions underneath the dedicated subdivision right-of-way bordering the Lot lines and extending to the centerline of the right-of-way. 5.553 HAK #51323000 Tim and Kristine Moerline 100.00%12.500%Hilcorp Alaska, LLC 100.00% Township 1 South, Range 14 West, Seward Meridian, Alaska. Section 13: Lot 7, Block 1 of the Red Bluff Terrace Subdivision Addition No. 1, Plat No. 86-58, including portions underneath the dedicated subdivision right-of-way bordering the Lot lines and extending to the centerline of the right-of-way. Township 1 South, Range 14 West, Seward Meridian, Alaska. Section 13: Lot 5, Block 1 of the Red Bluff Terrace Subdivision Addition No. 1, Plat No. 86-58, including portions underneath the dedicated subdivision right-of-way bordering the Lot lines and extending to the centerline of the right-of-way. Township 1 South, Range 14 West, Seward Meridian, Alaska. Section 13: Lot 4, Block 1 of the Red Bluff Terrace Subdivision Addition No. 1, Plat No. 86-58, including portions underneath the dedicated subdivision right-of-way bordering the Lot lines and extending to the centerline of the right-of-way. Township 1 South, Range 14 West, Seward Meridian, Alaska. Section 13: Lot 4, Block 2 of the Red Bluff Terrace Subdivision Addition No. 1, Plat No. 86-57, including portions underneath the dedicated subdivision right-of-way bordering the Lot lines and extending to the centerline of the right-of-way. Township 1 South, Range 14 West, Seward Meridian, Alaska. Section 13: Lot 8, Block 1 of the Red Bluff Terrace Subdivision Addition No. 1, Plat No. 86-58, including portions underneath the dedicated subdivision right-of-way bordering the Lot lines and extending to the centerline of the right-of-way. Ninilchik Unit Exhibit A Updated: January 22, 2024 Page 39 of 45 Working Tract Tract Mineral Mineral Royalty ORRI Working Interest Interest No.Tract Legal Description Acreage Owner Interest Percent ORRI Owner Percent Owner Owner %Lease No. 185 T1S, R14W, Seward Meridian, Alaska Section 13: Portions of land located in the Sterling Highway Right-of- Way within the SE1/4NW1/4 and NE1/4SW1/4 of Section 13, being State of Alaska Highway Project Number F-021-1(3), Parcel Numbers 0118 & 0118-A, as more particularly described by metes and bounds in warranty deeds recorded in the Homer Recording District Book 33, Page 226 and Book 34, Page 121. 14.012 HAK # ADL # 1035905 390105 State of Alaska, Department of Natural Resources 100.00%12.500%Hilcorp Alaska, LLC 100.00% 186 T1S, R14W, Seward Meridian, Alaska Section 13: A tract of land being State of Alaska Highway Project Number F-021-1(3), Parcel Number 0118-B, as more particularly described by metes and bounds in a warranty deed dated July 16, 1964 from William K. and Irene M. DeFrang, h/w to the State of Alaska, recorded in "General Books" Book 33, Page 325, Homer Recording District. 0.503 unleased William K. and Irene M. DeFrang, h/w 100.00% 187 T2N-R12W Section 20: Fractional GLO Lots 1-4 inclusive & SE/4SE/4; Section 21: W/2NW/4; Section 29: Fractional NE/4NE/4 & GLO Lot 1 339.860 HAK # ADL # 1031007 389181 State of Alaska, Department of Natural Resources 100.00%12.500%Hilcorp Alaska, LLC 100.00% 188 T1N-R13W, S.M. Sec. 1: SE/4NE/4 & SE/4 & SE/4SW/4 Sec. 12: NE/4NW/4 & N/2NE/4, except that part lying above the line of mean high tide T1N-R12W, S.M. Sec. 6: W/2 except that part lying above the line of mean high tide 564.450 HAK # ADL # 1034384 590 State of Alaska, Department of Natural Resources 100.00%12.500%Hilcorp Alaska, LLC 3.2500%Hilcorp Alaska, LLC 100.00% 189 T 1S - R 13W Section 7: That portion of the Sterling Highway Right-of-Way lying within the N/2SE/4 containing 19 acres, more or less. 19.000 HAK #591313 Avis Hardy 100.00%12.500%Hilcorp Alaska, LLC 100.00% 229 T1N-R12W, S.M. Section 7: A portion of the NW1/4NE1/4 east of the centerline of the Sterling Highway; more particularly described as Celia Subdivision, Plat No. 94-46, and all minerals underlying dedicated roads within the subdivision, excluding Tracts C-1A and C-1B of the Celia Subdivision, Addition #2, Plat # 2012-53 24.740 HAK #591260 Penelope J. Maize 100.00%12.500%Hilcorp Alaska, LLC 100.00% Ninilchik Unit Exhibit A Updated: January 22, 2024 Page 40 of 45 Working Tract Tract Mineral Mineral Royalty ORRI Working Interest Interest No.Tract Legal Description Acreage Owner Interest Percent ORRI Owner Percent Owner Owner %Lease No. 230 T1N-R12W, S.M. Section 7: Tracts C-1A and C-1B of Celia Subdivision, Addition #2, Plat No. 2012-53 3.854 HAK #591236 James C. Kruse and Linda C. Kruse 100.00%12.500%Hilcorp Alaska, LLC 100.00% 243 23.163 HAK#591315.2 Hilcorp Alaska, LLC 43.85%12.500%Hilcorp Alaska, LLC 100.00% HAK#1255500000 Cynthia L. Baganov, fka Cynthia L. Hatton 10.00%12.500% unleased Stephen M. and Theresa Wackowski 46.15% 244A Township 1 South, Range 14 West, S.M., Alaska. Section 23: Portions of Tracts B-2, B-3, B-4, & B-5 of the C.L. Hatton Subdivision Eagle’s Crest Addition, Plat No. 93-51, including portions underneath the dedicated subdivision right-of-way bordering the Lot lines and extending to the centerline of the right-of-way, located in the SE1/4NE1/4 of Section 23. 0.951 HAK#1276800000 No More FYI, LLC 100.00%12.500%Hilcorp Alaska, LLC 100.00% 245 Township 1 South, Range 14 West, S.M., Alaska Section 23: Tract B-8 of the C.L. Hatton Subdivision, Eagle's Crest Addition, Plat No. 93-51, including portions underneath the dedicated subdivision right-of-way bordering the Lot lines and extending to the centerline of the right-of-way. 2.618 HAK #591369 Janusz Naumiuk and Taisa Naumiuk 100.00% 246 Township 1 South, Range 14 West, S.M., Alaska, Section 23: Tract B-7 of the C.L. Hatton Subdivision, Eagle's Crest Addition filed under Plat No. 93-51, 51, including portions underneath the dedicated subdivision right-of-way bordering the Lot lines and extending to the centerline of the right-of-way. 1.859 HAK #1302600000 Mathew Byler 100.00%12.500%Hilcorp Alaska, LLC 100.00% 247 10.734 HAK #1246100000 Hilcorp Alaska, LLC 80.00%12.500%Hilcorp Alaska, LLC 100.00% HAK #1246100000 Cynthia L. Baganov, fka Cynthia L. Hatton 20.00%12.500% 248 Township 1 South, Range 14 West, S.M., Alaska, Section 23: That portion of the SE1/4NE1/4, lying South of the Sterling Highway. 21.650 HAK #MD Hilcorp Alaska, LLC 100.00%12.500%Hilcorp Alaska, LLC 100.00% Township 1 South, Range 14 West, S.M., Alaska, Section 23: That parcel of land conveyed to the State of Alaska for the Sterling Highway right-of-way, in Warranty Deed recorded June 26, 1964 in Book 33, Page 187, Homer Recording District, Alaska and located within US Gov. Lots 1 and 2 and the SE1/4NE1/4, located in the SE1/4NE1/4 of Section 23. Township 1 South, Range 14 West, S.M., Alaska, Section 23: Tract D-1 of the Heavenly Sights Subdivision #2, Plat 2002- 9. Ninilchik Unit Exhibit A Updated: January 22, 2024 Page 41 of 45 Working Tract Tract Mineral Mineral Royalty ORRI Working Interest Interest No.Tract Legal Description Acreage Owner Interest Percent ORRI Owner Percent Owner Owner %Lease No. 249 Township 1 South, Range 14 West, S.M., Alaska, Section 24: The North 208.7 feet of the NW1/4 NW1/4, lying west of the Sterling Highway. 5.500 HAK #1279100000 Joy Ward 100.00%12.500%Hilcorp Alaska, LLC 100.00% 250 Township 1 South, Range 14 West, S.M., Alaska, Section 24: Lot 1 of the Jackinsky Tract “C” Subdivision, filed under Plat Number 78-59, including portions underneath the dedicated subdivision right-of-way bordering the Lot lines and extending to the centerline of the right-of-way. 3.264 HAK #5910088 Redford Johnathan Turner, IV 100.00%12.500%Hilcorp Alaska, LLC 100.00% 251 3.222 unleased McKibben Jackinsky 33.33% unleased Emily Long 33.33% unleased Jennifer Long 33.33% 252 Township 1 South, Range 14 West, S.M., Alaska, Section 24: Lot 3 of the Jackinsky Tract “C” Subdivision, filed under Plat Number 78-59, Homer Recording District, Alaska 3.225 unleased Risa A. Jackinsky 100.00% 253 3.588 unleased Shawn W. Jackinsky, Jr.25.00% unleased Jason V. Jackinsky 25.00% unleased Mercy A. Shelton 25.00% unleased Ember A. Jackinsky, aka Joshua Jackinsky 25.00% 254 5.627 unleased Risa A. Jackinsky 50.00% unleased McKibben Jackinsky 50.00% 255 5.635 HAK #591252 James D. Elledge and Diane S. Elledge, H/W 16.67%12.500%Hilcorp Alaska, LLC 100.00% HAK #591000 Michael Arthur Reina 50.00%12.500% HAK #591000 Lela Young 33.33%12.500% Township 1 South, Range 14 West, Seward Meridian, Alaska, Section 24: Portions of land in the NW1/4NW1/4 lying underneath the Sterling Highway right-of-way south of the centerline of the Sterling Highway right-of-way. Township 1 South, Range 14 West, S.M., Alaska, Section 24: Lot 2 of the Jackinsky Tract “C” Subdivision, filed under Plat Number 78-59, Homer Recording District, Alaska Township 1 South, Range 14 West, S.M., Alaska, Section 24: Lot 4 of the Jackinsky Tract “C” Subdivision, filed under Plat Number 78-59, including portions underneath the dedicated subdivision right-of-way bordering the Lot lines and extending to the centerline of the right-of-way. Township 1 South, Range 14 West, Seward Meridian, Alaska, Section 24: Portions of land in the NW1/4NW1/4 lying underneath the Sterling Highway right-of-way north of the centerline of the Sterling Highway right-of-way. Ninilchik Unit Exhibit A Updated: January 22, 2024 Page 42 of 45 Working Tract Tract Mineral Mineral Royalty ORRI Working Interest Interest No.Tract Legal Description Acreage Owner Interest Percent ORRI Owner Percent Owner Owner %Lease No. 256 Township 1 South , Range 14 West, S.M., Alaska, Section 24: Lands within the NW1/4 NW1/4 and more specifically described as the area commencing at the West 1/16 corner of Sections 13 and 24, thence South along the West 1/16th line of Section 24 a distance of 63.2 feet to the East right-of-way line of the Sterling Highway, to Corner 1 and the true point of beginning; thence South 24°45’ West along the right-of-way 518.1 feet to Corner 2, which is the beginning of a curve, the center of which bears North 65°15’ West, 1,632.7 feet from Corner 2; thence Southwesterly along curve 15.0 feet, to Corner 3: thence South 64°44’ East 246.7 feet, to Corner 4; thence North 589.2 feet along the West 1/16th line of Sections 24 to Corner 1, the point of beginning, EXCEPTING that portion of said premises conveyed to the State of Alaska under deed recorded August 19, 1964, in Book 34, Page 123, in the Homer Recording District. 1.250 HAK #591000 Michael Arthur Reina 100.00%12.500%Hilcorp Alaska, LLC 100.00% 257 2.063 HAK #591252 James D. Elledge and Diane S. Elledge, H/W 50.00%12.500%Hilcorp Alaska, LLC 100.00% HAK #591000 Michael Arthur Reina 50.00%12.500% 258 4.126 HAK #591000 Michael Arthur Reina 50.00%12.500%Hilcorp Alaska, LLC 100.00% HAK #591000 Glenn R. Edwards and Carolyn M. Edwards 50.00%12.500% 259 2.500 HAK #1274500001 Hilcorp Alaska, LLC 50.00%12.500%Hilcorp Alaska, LLC 100.00% HAK #591000 Michael Arthur Reina 50.00%12.500% 260 Township 1 South, Range 14 West, S.M., Alaska, Section 24: W1/2 NW1/4 SW1/4 NW1/4. 5.000 HAK #1272800000 David W. Smith 100.00%12.500%Hilcorp Alaska, LLC 100.00% 261 20.013 HAK#1273200000 Gary W. & Brenda Jackinsky 50.00%12.500%Hilcorp Alaska, LLC 100.00% HAK#1273200000 Hilcorp Alaska, LLC 50.00%12.500% Township 1 South, Range 14 West, S.M., Alaska, Section 24: Tract 1 of the Jennison Tracts Subdivision, filed under Plat No. 80-64, Homer Recording District, Alaska, Township 1 South, Range 14 West, S.M., Alaska, Section 24: Tract 2 of the Jennison Tracts Subdivision, filed under Plat No. 80-64 Township 1 South, Range 14 West, S.M., Alaska, Section 24: Tract 3 of the Jennison Tracts Subdivision, filed under Plat No. 80-64, Homer Recording District, Alaska, Township 1 South, Range 14 West, S.M., Alaska. Section 24: Lands located within the SW4NW4 further described as Lots 1, 3 and 5, and the unsubdivided remainder of the Jackinsky Tract “B” 1983 Subdivision, filed under Plat Number 83-116, including portions underneath the dedicated subdivision right-of-way bordering the Lot lines and extending to the edge of the right-of-way. Ninilchik Unit Exhibit A Updated: January 22, 2024 Page 43 of 45 Working Tract Tract Mineral Mineral Royalty ORRI Working Interest Interest No.Tract Legal Description Acreage Owner Interest Percent ORRI Owner Percent Owner Owner %Lease No. 262 Township 1 South, Range 14 West, S.M., Alaska, Section 24: Lot 2 of the Jackinsky Tract “B” 1983 Subdivision, filed under Plat Number 83-116, including portions underneath the dedicated subdivision right-of-way bordering the Lot lines and extending to the edge of the right-of-way. 4.989 HAK #1274600000 Hilcorp Alaska, LLC 100.00%12.500%Hilcorp Alaska, LLC 100.00% 263 Township 1 South, Range 14 West, S.M., Alaska, Section 24: Lot 4 of the Jackinsky Tract “B” 1983 Subdivision, filed under Plat Number 83-116, including portions underneath the dedicated subdivision right-of-way bordering the Lot lines and extending to the edge of the right-of-way. 9.998 HAK #MD Hilcorp Alaska, LLC 100.00%12.500%Hilcorp Alaska, LLC 100.00% 264 Township 1 South, Range 14 West, S.M., Alaska, Section 24: NE1/4NW1/4 40.000 HAK #1273100000 Hilcorp Alaska, LLC 100.00%12.500%Hilcorp Alaska, LLC 100.00% 265 Township 1 South, Range 14 West, S.M., Alaska, Section 24: N1/2SE1/4NW1/4. 20.000 HAK #MD Hilcorp Alaska, LLC 100.00%N/A Hilcorp Alaska, LLC 100.00% 266 20.000 HAK #1272600001 David B. Charbonnier 50.00%12.500%Hilcorp Alaska, LLC 100.00% HAK #591233 Wendy Jacqueline Seaman 50.00%12.500% 267 T. 001S., R. 014W., Seward Meridian, Alaska. Section 23: Unsurveyed, All tide and submerged lands located in the N1/2NE1/4 of Section 23. 77.806 HAK # ADL # 881100 392481 State of Alaska, Department of Natural Resources 100.00%12.500%Hilcorp Alaska, LLC 100.00% 268 Township 1 South, Range 14 West, S.M., Alaska, Section 24: NE1/4SW1/4. 40.000 unleased Cook Inlet Region, Inc.100.00% 375 2.960 HAK #L1246100000 Cynthia L. Baganov, fka Cynthia L. Hatton 10.00%12.500%Hilcorp Alaska, LLC 100.00% HAK #519315.2 Hilcorp Alaska, LLC 43.85%12.500% unleased Stephen M. and Theresa Wackowski 46.15% 376 15.776 HAK #L1246100000 Hilcorp Alaska, LLC 40.00%12.500%Hilcorp Alaska, LLC 100.00% HAK #L1246100000 Cynthia L. Baganov, fka Cynthia L. Hatton 10.00%12.500% unleased Stephen M. and Theresa Wackowski 50.00% 377 Township 1 South, Range 14 West, S.M., Alaska Section 23: Portions of Tract E of the Heavenly Sights Subdivision Plat 96-17 located in the SE1/4NE1/4 of Section 23. 2.443 unleased Stephen M. and Theresa Wackowski 100.00% Township 1 South, Range 14 West, S.M., Alaska Section 23: That part of Tract C and minerals lying beneath associated surface easements of the Heavenly Sights Subdivision, Plat 96-17 located within Section 23. Township 1 South, Range 14 West, S.M., Alaska Section 23: Tract E-1 of the Heavenly Sights Subdivision #2, Plat 2002- 9, excepting Tract E of Heavenly Sights Subdivision, Plat 96-17 Township 1 South, Range 14 West, S.M., Alaska, Section 24: S1/2SE1/4NW1/4. Ninilchik Unit Exhibit A Updated: January 22, 2024 Page 44 of 45 Working Tract Tract Mineral Mineral Royalty ORRI Working Interest Interest No.Tract Legal Description Acreage Owner Interest Percent ORRI Owner Percent Owner Owner %Lease No. 378 Township 1 South, Range 14 West, S.M., Alaska Section 23: Portions of Tract B-6, C. L. Hatton Subdivision, Eagle's Crest Addition, Plat 93-51, including portions underneath the dedicated subdivision right-of-way bordering the Lot lines and extending to the centerline of the right-of-way, located in the SE1/4NE1/4 of Section 23. 0.040 HAK #1302400000 Kenneth E. and Brenda M. Noonan, h/w 100.00%12.500%Hilcorp Alaska, LLC 100.00% Total Unit Acreage: Working Interest Owner Net Acres Unit % 26,270.974 Uncommitted 792.589 3.017% Hilcorp Alaska, LLC 25,478.385 96.983% Total 26,270.974 100.000% Ninilchik Unit Exhibit A Updated: January 22, 2024 Page 45 of 45 ª« ª« ª« 24 32 33A 33A-1 33B 33D 34 35 2 2 2 18 18 23 23A 36 37 38 38 39 45A 45X 45Y 45Z 187 33A-133B 33C 33C 33E33F 45AA 45AB45AC 45AD45AE45AF45AG45AH 45B 45C 45D 45E 45F 45G 45H 45I 45L 45M 45N 45O 45P 45Q 45R 45S 45T 45U 45V 45W 17 16 15 20 21 22 30 29 28 27 1813 1924 25 S002N013W S002N012W 116 MP 117 MP Map Date: 1/22/2024 Exhibit BNinilchik Unit E 0 925 1,850 2,775Feet Sterling Highway Cook Inlet Shoreline Ninilchik Unit Boundary Tract Owner Type CIRI Federal Private State of Alaska University of Alaska State Plane Zone 4 NAD 1927 (feet) Ninilchik Unit Map Overview Page 1 of 8 Effective September 23, 2022 ª« ª« ª« ª« 24 2525 26 35 1 2 2 3 12 18 18 19 36 38 38 39 41 42 44A-1 44AB 44N 44O 44Z 45A 45X 45Y 45Z 46 46 48 4950A 51 51A 525353A 545556 56 59 61 62 62A 65 047 188 40 42A 43 44A-2 44AA 44AC 44AD 44AE 44AF 44AG44AH-1 44AH-2 44AH-3 44AH-4 44AI 44AJ 44AK 44AL44B-144B-2 44C-1 44C-2 44C-2 44D-1 44D-244E 44F 44G 44H44I 44J44K 44L 44M 44P 44Q 44R 44S 44T 44U 44V 44W 44X 44Y 45AA 45AB45AC 45AD 45AE45AF45AG45AH 45B 45C 45D 45E 45F 45G 45H 45I 45J 45K 45L 45M 45N 45O 45P 45Q 45R 45S 45T 45U 45V 45W 49A 50 6062C 2 30 29 28 27 36 31 32 33 34 1 6 5 4 3 25 S002N013W S002N012W S001N013W S001N012W 118 MP 119 MP 120 MP 117 MP Map Date: 1/22/2024 Exhibit BNinilchik Unit E 0 925 1,850 2,775Feet Sterling Highway Cook Inlet Shoreline Ninilchik Unit Boundary Tract Owner Type CIRI Federal Private State of Alaska University of Alaska State Plane Zone 4 NAD 1927 (feet) Ninilchik Unit Map Overview Page 2 of 8 Effective September 23, 2022 ª« 24 38 41 42 44A-1 44AB 44N 44O 44Z 45A 45X 45Y 45Z 40 42A 43 44A-2 44AA 44AC 44AD 44AE 44AF 44AG44AH-1 44AH-2 44AH-3 44AH-4 44AI 44AJ 44AK 44AL44B-144B-2 44C-1 44C-2 44C-2 44D-1 44D-244E 44F 44G 44H44I 44J44K 44L 44M 44P 44Q 44R 44S 44T 44U 44V 44W 44X 44Y 45AA 45AB45AC 45AD 45AE45AF45AG45AH 45B 45C 45D 45E 45F 45G 45H 45I 45J 45K 45L 45M 45N 45O 45P 45Q 45R 45S 45T 45U 45V 45W30 29 31 32 S002N012W 118 MP Map Date: 1/22/2024 Exhibit BNinilchik Unit E 0 270 540 810Feet Sterling Highway Cook Inlet Shoreline Ninilchik Unit Boundary Tract Owner Type CIRI Federal Private State of Alaska University of Alaska State Plane Zone 4 NAD 1927 (feet) Ninilchik Unit Map Overview Page 3 of 8 Effective September 23, 2022 ª« ª« ª« 26 1 2 3 3 12 13 15 15A 18 19 42 44O 46 46 48 4950A 51 51A 525353A 545556 5658 59 61 62 62A 63 65 66 67 70 71 047 3 188 49A 50 57 60 62B 62C 64 68 69 230 229 2 36 31 32 1 6 5 12 7 8 35 11 2 S002N013W S002N012W S001N013W S001N012W 121 MP 119 MP 120 MP Map Date: 1/22/2024 Exhibit BNinilchik Unit E 0 940 1,880 2,820Feet Sterling Highway Cook Inlet Shoreline Ninilchik Unit Boundary Tract Owner Type CIRI Federal Private State of Alaska University of Alaska State Plane Zone 4 NAD 1927 (feet) Ninilchik Unit Map Overview Page 4 of 8 Effective September 23, 2022 ª« ª« 27 5 14 16 16 72 73 7374 76 77 78 75 3 4 6 12 14 13 22 23 24 27 26 25 151617 111098 2120 2829 S001N013W 124 MP Map Date: 1/22/2024 Exhibit BNinilchik Unit E 0 940 1,880 2,820Feet Sterling Highway Cook Inlet Shoreline Ninilchik Unit Boundary Tract Owner Type CIRI Federal Private State of Alaska University of Alaska State Plane Zone 4 NAD 1927 (feet) Ninilchik Unit Map Overview Page 5 of 8 Effective September 23, 2022 ª« ª« ª« 27 28 28 81 6 1720 20 112C 73 7374 76 77 78 79 80 82 86 93 97 98 99100101 105 106108 111 113114 115 116 120 130A 132 80B 80A 89B 29 112A112B 75 8384858788 9091 92 9495 102103104 107 109 110 096A096B 118 118119 121 122123 124 129 130 133 134 89A 4 98 80E 80D 80C 80 6 22 23 6 5 4 3 27 26 33 34 35 212019 282930 3231 S001N013W S001S014W S001S013W 126 MP 127 MP 125 MP Map Date: 1/22/2024 Exhibit BNinilchik Unit E 0 940 1,880 2,820Feet Sterling Highway Cook Inlet Shoreline Ninilchik Unit Boundary Tract Owner Type CIRI Federal Private State of Alaska University of Alaska State Plane Zone 4 NAD 1927 (feet) Ninilchik Unit Map Overview Page 6 of 8 Effective September 23, 2022 ª« ª« ª« ª« 30 30 30 31 31 31 8 10 10 10 11 11 21 22 99100101 105 116 117 120 125 130A 182 182A 132 132A 135 136 136C 138 140 141 142 143 144 145 146 147 148 149 149 150 151 153 154 155 156156A 157 158 159 160 161 162 163 176181 189 141A 102103104 107 118 118 137 139 189152 176 176A 177 119 121 122 123 124 126127 128129 130 131 182 182 133 134 136A 136A 136B 180 6 6 5 4 33 34 12 7 8 9 14 13 18 17 16 3231 36 1 2 11 S001N014W S001N013W S001S014W S001S013W 129 MP 130 MP 128 MP 131 MP Map Date: 1/22/2024 Exhibit BNinilchik Unit E 0 940 1,880 2,820Feet Sterling Highway Cook Inlet Shoreline Ninilchik Unit Boundary Tract Owner Type CIRI Federal Private State of Alaska University of Alaska State Plane Zone 4 NAD 1927 (feet) Ninilchik Unit Map Overview Page 7 of 8 Effective September 23, 2022 ª« ª« ª« ª« 31 318 9 1121 182 182A 148 149 149 150 151 153 155 156156A 161 162 163 164165 166 171 174 176 179 181 185 189 189152 167 168 168 168169 170 172 173 173A 175 176 176A 176B 176C 177182 182 182178 180 184 184A 1868 12 7 14 13 18 23 24 19 27 26 25 30 1110 15 22 S001S014W S001S013W 377 267 267 376 243 259254 260 261 255 262 264 253252 257 251250 256 249375 244A 378246 247 248 263 266 268 265 258 132 MP 130 MP 133 MP 131 MP Map Date: 1/22/2024 Exhibit BNinilchik Unit E 0 940 1,880 2,820Feet Sterling Highway Cook Inlet Shoreline Ninilchik Unit Boundary Tract Owner Type CIRI Federal Private State of Alaska University of Alaska State Plane Zone 4 NAD 1927 (feet) Ninilchik Unit Map Overview Page 8 of 8 Effective September 23, 2022 ª« ª« ª« ª« ª« ª« ª« ª« ª« ª« ª« ª« ª« ª« ª« ª« ª« ª« ª« ª« ª« ª« ª« ª« T02N-R14W T02N-R13W T02N-R12W T01N-R14W T01N-R13W T01N-R12W T01S-R14W T01S-R13W T01S-R12W Pearl PA 31 32 33 34 17 16 15 21 22 23 24 19 20 21 20 21 22 34 9 32 33 34 5 4 3 8 9 10 30 29 28 27 36 31 1 6 5 4 3 12 7 8 9 10 14 13 18 17 16 15 22 23 24 19 20 21 22 6 5 4 3 2 1 6 5 4 27 26 25 30 29 28 27 33 34 35 36 12 7 8 9 10 11 12 7 8 14 13 18 17 16 15 14 13 18 17 16 23 24 19 20 27 26 25 30 29 28 27 26 25 30 29 28 35 36 31 32 33 34 35 36 31 32 33 151617181314 7 27 121110 6123456123 987121110 18131415161718131415 19242322212019242322 2526272829302526 3534333231363534 11 2345612 3 109871211 10 2120192423 2829302526 32313635 123 1110 15 22 126 MP 132 MP 123 MP 135 MP 129 MP 118 MP 124 MP 130 MP 127 MP 121 MP 116 MP 122 MP 2 MP 119 MP 133 MP 125 MP 128 MP 120 MP 134 MP 117 MP 131 MP Susan DionnePaxton PA GrassimOskolkoff PA FallsCreek PA Ninilchik Unit Overview 0 0.9 1.8 2.7Miles ! ! ! !Area of Detail Cook InletKenai Homer Seward Anchorage Map Date: 12/15/2023 Effective September 23, 2022 Legend Sterling Highway Cook Inlet Shoreline Ninilchik Unit Boundary Tract Owner Type CIRI Federal Private State of Alaska University of Alaska E State Plane Zone 4 NAD 1927 (feet) The following summary page recaptulates the Ninilchik Unit acreage by ownership class LAND OWNERSHIP NET ACRES PERCENTAGE OF UNIT State of Alaska Lands 20,092.938 76.4834147% Private Fee Lands 3,724.136 14.1758581% Cook Inlet Region, Inc. Lands 1,559.650 5.9367803% University of Alaska Lands 661.350 2.5174171% Federal Lands 232.900 0.8865297% Total Unit Acreage 26,270.974 100.0000000% UNIT SUMMARY NINILCHIK UNIT KENAI PENINSULA BOROUGH, ALASKA Effective September 23, 2022 Ninilchik Unit Exhibit A Updated: January 22, 2024 5 Alaska Oil and Gas Conservation Commission 333 West Seventh Avenue Anchorage, Alaska 99501-3572 Main: 907.279.1433 Fax: 907.276.7542 www.aogcc.alaska.govApril 26, 2023 Cody Terrell Hilcorp Alaska, LLC 3800 Centerpoint Drive Suite 1400 Anchorage, AK 99503 RE: Hilcorp’s Request to Produce Paxton 12 Well, Pearl 10 Well, Pearl 11 Well Dear Mr. Terrell: By letter received April 18, 2023, Hilcorp requests permission to Produce the Paxton 12, Pearl 10, and Pearl 11 wells in the Pearl Undefined Gas Pool and the Ninilchik Beluga/Tyonek Gas Pool within 1,500 feet of a property line where the owners and landowners are not the same on both sides of the line and within 1,500 feet from the exterior boundary of the Affected Area of Conservation Order 701C, pursuant to 20 AAC 25.055(d) and Rule 3 of CO 701C. Conservation Orders 701F, 701G, and 701H approved Hilcorp’s requests for spacing exceptions to drill, complete and test wells Paxton 12, Pearl 10, and Pearl 11, respectively. These orders each contain two conditions of approval: 1. No production may occur absent AOGCC approval of allocation of production, and 2. In addition, Hilcorp will establish and maintain, without costs to the non-participating owners/landowners, a single, interest-bearing escrow account for the non-participation owners/landowners and will provide documentation to AOGCC that the Escrow Account has been established. On April 18, 2023, Hilcorp provided to AOGCC the required documentation for the Escrow Account. The Alaska Department of Natural Resources (DNR) has yet to approve Hilcorp’s proposed Pearl Participating Area (PA) within the Ninilchik Unit and an attendant method for allocating production within that participating area. Hilcorp reports that the DNR will not approve the Pearl PA until the Pearl 10, Pearl 11, and Paxton 12 wells are drilled, completed, and tested. The DNR has reportedly approved Hilcorp’s request to produce nearby wells Pearl 2A, Pearl 8, Pearl 9, and Paxton 6 on a tract-operation basis until the Pearl PA is approved upon the condition that all production from these wells be retroactively re-allocated in accordance with the Pearl PA after it is approved by DNR. This includes re-allocation of production to any uncommitted tracts in the established, interest-bearing escrow account. Hilcorp proposes to drill, complete, test, and produce the Paxton 12, Pearl 10, and Pearl 11 wells within the next 40 days. Hilcorp seeks AOGCC approval to produce the Paxton 12, Pearl 10, and Pearl 11 wells on a tract-operation basis until the Pearl PA is approved. Hilcorp will then retroactively re-allocate production from these wells to the Pearl PA once it is approved by the DNR. AOGCC hereby grants approval for Hilcorp to produce the Paxton 12, Pearl 10, and Pearl 11 wells on the following conditions: 1) Since a tract allocation schedule has not yet been established, 12.5% of the total value of the production from these wells must be placed in the interest-bearing escrow account; and 2) The AOGCC must authorize disbursements from the escrow account before they can be made. Brett W. Huber, Sr Jessie L. Chmielowski Greg C. Wilson Chair, Commissioner Commissioner Commissioner RECONSIDERATION AND APPEAL NOTICE As provided in AS 31.05.080(a), within 20 days after written notice of the entry of this order or decision, or such further time as the AOGCC grants for good cause shown, a person affected by it may file with the AOGCC an application for reconsideration of the matter determined by it. If the notice was mailed, then the period of time shall be 23 days. An application for reconsideration must set out the respect in which the order or decision is believed to be erroneous. The AOGCC shall grant or refuse the application for reconsideration in whole or in part within 10 days after it is filed. Failure to act on it within 10-days is a denial of reconsideration. If the AOGCC denies reconsideration, upon denial, this order or decision and the denial of reconsideration are FINAL and may be appealed to superior court. The appeal MUST be filed within 33 days after the date on which the AOGCC mails, OR 30 days if the AOGCC otherwise distributes, the order or decision denying reconsideration, UNLESS the denial is by inaction, in which case the appeal MUST be filed within 40 days after the date on which the application for reconsideration was filed. If the AOGCC grants an application for reconsideration, this order or decision does not become final. Rather, the order or decision on reconsideration will be the FINAL order or decision of the AOGCC, and it may be appealed to superior court. That appeal MUST be filed within 33 days after the date on which the AOGCC mails, OR 30 days if the AOGCC otherwise distributes, the order or decision on reconsideration. In computing a period of time above, the date of the event or default after which the designated period begins to run is not included in the period; the last day of the period is included, unless it falls on a weekend or state holiday, in which event the period runs until 5:00 p.m. on the next day that does not fall on a weekend or state holiday. Gregory Wilson Digitally signed by Gregory Wilson Date: 2023.04.26 08:16:27 -08'00' Jessie L. Chmielowski Digitally signed by Jessie L. Chmielowski Date: 2023.04.26 08:24:08 -08'00' Brett W. Huber, Sr. Digitally signed by Brett W. Huber, Sr. Date: 2023.04.26 09:28:23 -08'00' 4 3800 Centerpolnt Drlve Sulte 1400 Anchorage, AK 99503 Phone: 907/777-8432 Hilcorp Alaska, LLC Emall907/777-8301 cter ll@hllcorp.com April 18, 2023 Brett Huber, Sr., Chair Alaska Oil and Gas Conservation Commission 333 West 7 h Avenue, Suite 100 Anchorage, Alaska 99501 RE: Request to Produce Paxton 12 Well Pearl 10 Well Pearl 11 Well Conservation Orders 701F & 701G Dear Commissioner Huber: Hilcorp Alaska, LLC ("Hilcorp"), as Operator of the Ninilchik Unit/Field, requests permission to produce the Paxton 12 and Pearl 10 wells in the Pearl Undefined Gas Pool ("Undefined Gas Pool") and the Ninilchik Beluga/fyonek Gas Pool ("Beluga/Tyonek Pool"), within 1,500 feet of a property line where the owners and landowners are not the same on both sides of the line, and within 1,500 feet from the exterior boundary of the Affected Area of Conservation Order 701C ("CO 701C"), pursuant to 20 AAC 25.055(d) and Rule 3 of CO 701C. On February 1, 2023, Hilcorp submitted to AOGCC an application for a spacing exception to drill the Paxton 12 and Pearl 10 wells within 1,500 feet of a property line where the owners and landowners are not the same on both sides of the line, and within 1,500 feet from the exterior boundary of the Affected Area of Conservation Order 701C ("CO 7010 ), pursuant to 20 AAC 25.055(d) and Rule 3 of CO 701C. On March 15, 2023, AOGCC approved Hilcorp's request for a spacing exception allowing us to drill, complete and test the Paxton 12 well under Conservation Order 701 F ("CO 70117"). On April 7, 2023, AOGCC approved Hilcorp's request for a spacing exception allowing us to drill, complete and test the Pearl 10 well under Conservation Order 701G ("CO 701G"). However, CO 701F & CO 701 G did not allow for production of the Paxton 12 and Pearl 10 wells without written approve from AOGCC and providing documentation that Hilcorp established an interest -bearing escrow account for the non -participating owners/landowners. Drilling for the Paxton 12 well began on March 20, 2023, from the Paxton Pad located within the Ninilchik Unit and Pearl 10 drilling will follow. After drilling, Hilcorp will then complete and produce the wells. Attached to this letter request is documentation of Hilcorp's interest -bearing escrow account for the non -participating owners/landowners as required by CO 701F & CO 701G. Background Hilcorp drilled and completed the Pearl 2A exploration well in June 2022, targeting gas bearing sands in the Pearl Prospect. Commercial gas was discovered, leading to the drilling of the Paxton Page 2 of 3 6, Pearl 8, and Pearl 9 wells around August 2022 all targeting the same gas -bearing sands within the Pearl Prospect. Hilcorp was granted spacing exceptions for each of these wells by AOGCC prior to drilling (CO 801, CO 701D, CO 701E). In each of these Conservation Orders, AOGCC required Hilcorp to set up a single interest -bearing escrow account for the non -participating owners/landowners. The attached documentation should satisfy that requirement. In Hilcorp's June 27, 2022 application for spacing exception for the Pearl 8 & 9 wells, Hilcorp stated it would request approval from the State of Alaska, Department of Natural Resources ("DNR") to form the Pearl Participating Area ("Pearl PA") within the Ninilchik Unit and allocate all Pearl Prospect production to said Pearl PA. Hilcorp submitted this request on September 23, 2022, which was provided to AOGCC at the time of submittal. As of the date of this letter, DNR is still reviewing the application and a decision has yet to be made forming the Pearl PA. DNR recommends that Hilcorp drill, complete and test the Pearl 10 & 11 and Paxton 12 wells before the Pearl PA is approved. Drilling, completing and testing of these wells should conclude by the end of June 2023. While Hilcorp's application to form the Pearl PA is still under review by DNR, Hilcorp concurrently requested permission to produce the Pearl 2A, Pearl 8, Pearl 9, and Paxton 6 wells on a tract operation basis until the Pearl PA is approved. DNR approved this request with the condition that all production from these wells will be retroactively re -allocated in accordance with the Pearl PA after it is approved. This also includes re -allocation of production to any uncommitted tracts in the established interest -bearing escrow account. Hilcorp proposes to allocate royalties from the Pearl PA wells to all leased owners / landowners based on their tract allocation percentage, mineral ownership, and lease royalty shown on the approved PA allocation schedule. Hilcorp will establish and maintain —without cost to the non- participating owners / landowners —a single, interest -bearing escrow account (Escrow Account) for the non -participating owners / landowners. Hilcorp will provide AOGCC with documentation sufficient to show that the Escrow Account has been established and maintained in accordance with the spacing exceptions. For each non -participating owner / landowner in a given parcel within the productive area, Hilcorp will deposit in that Escrow Account an amount equal to the total of that non -participating owner's / landowner's interest percentage (allocation percentage) for those parcels multiplied by the production attributed to those parcels for the previous month multiplied by 0.125 (royalty rate) multiplied by the prevailing value for Cook Inlet gas published for that quarter by the Alaska Department of Revenue under 15 AAC 55.173(b). As a result, the correlative rights of all affected owners, landowners and operators will be protected by approval of this spacing exception. Using this method for allocating royalties to un committed landowners align with the previously approved spacing exceptions for all of the Pearl PA wells. Hilcorp now plans to drill, complete, and produce the Paxton 12 and Pearl 10 & 11 wells as soon as within the next 30-40 days. Following the drilling of Paxton 12 and Pearl 10, we will then move on to drill the Pearl 11 well targeting the same Pearl PA sands. As mentioned above, DNR has confirmed that approval of the Pearl PA will be put on hold until the Pearl 10 & 11 and Paxton 12 wells are drilled, completed and tested. This will mean that Hilcorp will likely request approval Page 3 of 3 from DNR to produce these three (3) wells on a tract operation basis until the Pearl PA is approved. Hilcorp will then retroactively re -allocate production from Pearl 10 & 11 and Paxton 12 to the Pearl PA once approved by DNR. Should you have any questions, please contact the undersigned at (907) 777-8432. Sincerely, o y T. errell, Landman Hilcorp Alaska, LLC Enclosures: Documentation of Interest -Bearing Escrow Account; Pearl PA Application CC: Steve Davies, AOGCC (via email) Samantha Carlisle, AOGCC (via email) 0 First National Bank ALASKA April 18, 2023 RE: HILLCORP ALASKA LLC P.O. BOX 61529 Houston, Texas 77208-1529 We are pleased to inform you that your Escrow Account is established with the account number 52651908. Payments can be made at any First National Bank Alaska branch by referencing the 8-digit account number listed above or by mailing payments to: First National Bank Alaska PO BOX 100720 Anchorage, AK 99510 Customer Service: Escrow Representatives are available to assist you, Monday through Friday, from 8 AM to 5 PM. Call in Anchorage 907-777-3430 or toll free at 1- 800-856-4362, or email us at escrow@fnbalaska.com. The Escrow Department is located at 1821 Gambell Street, Anchorage, AK. Office hours are 8 AM to 5 PM, Monday through Friday. Thank you. Sincerely, Michelle A. Frain nee Kimura I Assistant Vice President Escrow Manager Escrow Department • 1821 Gambell Street • P.O. Box 100720 • Anchorage, AK 99510-072 907-777-3430 • www.FNBAlaska.com • escrow(afnbalaska.com • Member FDIC ill Hilcorp Alaska, LLC Rider to FNBA Milestone Account Instructions Pearl - Hilcorp Alaska, LLC - The funds are to be held in an interest -bearing escrow account (the "Account") controlled by First National Bank Alaska ("Ban)C") for the benefit of the non- participating owners/landowners that own a mineral interest within the Ninilchik Unit Pearl Participating Area, as required by the Alaska Oil and Gas Conservation Commission ("AOGCC") and in accordance with Conservation Order 701F. The funds once received by Bank will be held in the Account and Hilcorp Alaska, LLC ("Payer") will not have direct access to the funds. Bank, as the escrow agent, will utilize the Account to disburse funds only according to written instructions as provided in this agreement. Instructions for disbursement will be provided to Payer by AOGCC in writing with at least five (5) business days' notice. Payer is responsible for all Bank fees related to this account and acknowledges FDIC insurance limits apply (currently up to two hundred and fifty thousand dollars ($250,000) per depositor). - No later than the thirtieth (30") day of each month (or the next business day if the tenth (30'h) day falls on a weekend or legal holiday), Payer shall deposit funds into the Account by check, wire transfer, or ACH payment. - Bank, AOGCC, and Payer agree that funds may only be disbursed from the Account pursuant to the written instructions from AOGCC, as described above, which shall be provided by Payer to Bank. - Upon expiration, termination or closure of the Account, the balance of all funds, including any interest, shall be paid to Payer. ACCEPTED AND APPROVED: HILCORP ALASKA$ LLC 3800 Centerpoint Drive, Suite 1400 Anchora (as�k� 9�9503 By: Name: Shelbie DeZell Title: Vice President and Chief Financial Officer 3 From:Carlisle, Samantha J (OGC) To:Tricia Waggoner Subject:RE: 1500’ well spacing Date:Thursday, February 16, 2023 2:33:00 PM Attachments:Pearl_10_11_Paxton12_Spacing_Map.pdf Ms. Waggoner, The AOGCC regulations say that nearby owners, landowners, and operators need to be notified. Per statutes and/or regulations owner means lease holders, landowner means mineral rights owner, and operator is the operator of the well(s). You would have to be a landowner in order for Hilcorp to be required to notify you. Based on the Kenai Peninsula Borough’s online property records it appears that your property is located approximately where the red X is on the attached map. If this is correct the State of Alaska owns the mineral rights under your property and thus Hilcorp is not required to provide notification to you for their proposed spacing exception. Thank you, Samantha Carlisle AOGCC Special Assistant Alaska Oil and Gas Conservation Commission 333 West 7th Avenue Anchorage, AK 99501 (907) 793-1223 -----Original Message----- From: Tricia Waggoner <triciawaggoner@hotmail.com> Sent: Tuesday, February 14, 2023 7:07 AM To: Carlisle, Samantha J (OGC) <samantha.carlisle@alaska.gov> Subject: 1500’ well spacing CAUTION: This email originated from outside the State of Alaska mail system. Do not click links or open attachments unless you recognize the sender and know the content is safe. Ms. Carlisle, My neighbors and I are wondering why when a spacing exemption is requested as in conservation order 803 regrading the Paxton 5 well, why are some landowners less than 1500’ feet from the well are notified via mail and others are not. Literally all wells on the Paxton pad are less than 1500’ from my home, and I have only received one notification in the 9+ years they have drilled 7 wells. I realize spacing is about the gas pools and not surface ownership, so why does the applicant notify landowners on some wells and not others. I’m just trying to wrap my head around all this permitting. I have signed up for notifications from AOGCC. Thank you for your assistance. Tricia Waggoner 907-953-0944 From:Tricia Waggoner To:Carlisle, Samantha J (OGC) Subject:Hilcorp Paxton and Pearl Pads Date:Monday, February 13, 2023 1:43:59 PM [You don't often get email from triciawaggoner@hotmail.com. Learn why this is important at https://aka.ms/LearnAboutSenderIdentification ] CAUTION: This email originated from outside the State of Alaska mail system. Do not click links or open attachments unless you recognize the sender and know the content is safe. Ms. Carlisle, Between ADNR permits and AOGCC spacing orders and permits to drill I am a bit overwhelmed at all that is going on. I am a property owner within 1500’ of entire Paxton pad. My first question, would you please provide me with any available information associated with the current spacing request for Paxton 12. Secondly, as an adjacent landowner, I did not receive a mailing, nor did several other landowner in regards to Paxton #5 drilling, Conservation Order 803. Why were we not included. I just want to make sure this fast paced permitting that is happening for these two pads, which will have significant negative effects on my daily life and health for around six months 24/7, is not missing any steps. Thank you for your assistance. Patricia Waggoner 12210 Sterling Highway Ninilchik, AK 99639 2 Notice of Public Hearing STATE OF ALASKA ALASKA OIL AND GAS CONSERVATION COMMISSION RE: Docket Number: CO-23-001 Hilcorp Alaska, LLC’s Spacing Exception Application for Paxton 12, Pearl 10, and Pearl 11 Exploration Wells Hilcorp Alaska, LLC (Hilcorp) by letter received February 1, 2023, filed an application with the Alaska Oil and Gas Conservation Commission (AOGCC) for an exception to the spacing requirements of 20 AAC 25.055 to drill, test, and produce the Paxton 12, Pearl 10, and Pearl 11 exploration wells in an Undefined Gas Pool and the Ninilchik Beluga/Tyonek Gas Pool within 1,500 feet of a property line where the owners and landowners are not the same on both sides of the line, and within 1,500 feet from the exterior boundary of the Affected Area of Conservation Order 701C, pursuant to 20 AAC 25.055(d) and Rule C of CO 701C. Well spacing regulations protect the oil and gas rights of adjacent landowners and maximize resource recovery by establishing default limits on how close, under the land's surface, oil and gas wells can be to property lines where ownership changes hands. These limits are set forth in a regulation, 20 AAC 25.055. Operators must abide by the default limits unless they apply for, and obtain, an exception to those limits. Although exceptions to the default limits are not unusual, AOGCC carefully evaluates each application, and typically grants them only when actual geologic conditions demonstrate that the proposed subsurface location of a well is necessary to reach otherwise unreachable oil or gas and that both the rights of adjacent landowners and underground drinking water can be protected. As a general matter, AOGCC does not have extensive authority over surface impacts such as noise, emissions, or construction. This notice does not contain all the information filed by Hilcorp. To obtain more information, contact the AOGCC’s Special Assistant, Samantha Carlisle, at (907) 793-1223 or samantha.carlisle@alaska.gov. A public hearing on the matter has been tentatively scheduled for March 9, 2023, at 10:00 a.m. To request that the tentatively scheduled hearing be held, a written request must be filed with the AOGCC no later than 4:30 p.m. on February 21, 2023. If a request for a hearing is not timely filed, the AOGCC may issue an order without a hearing. To learn if the AOGCC will hold the hearing, call (907) 793-1223 after February 22, 2023. The hearing, which may be changed to full virtual, if necessary, will be held in the AOGCC hearing room located at 333 West 7th Avenue, Anchorage, AK 99501. The audio call-in information is (907) 202-7104 Conference ID: 487 336 315#. Anyone who wishes to participate remotely using MS Teams video conference should contact Ms. Carlisle at least two business days before the scheduled public hearing to request an invitation for the MS Teams. In addition, written comments regarding this application may be submitted to the AOGCC, at 333 West 7th Avenue, Anchorage, AK 99501 or samantha.carlisle@alaska.gov. Comments must be received no later than 4:30 p.m. on March 7, 2023, except that, if a hearing is held, comments must be received no later than the conclusion of the March 9, 2023, hearing. If, because of a disability, special accommodations may be needed to comment or attend the hearing, contact Samantha Carlisle, at (907) 793-1223, no later than March 2, 2023. Brett W. Huber, Sr. Chair, Commissioner Brett W. Huber. Sr. Digitally signed by Brett W. Huber. Sr. Date: 2023.02.02 09:11:15 -09'00' 1 Carlisle, Samantha J (OGC) From:Carlisle, Samantha J (OGC) <samantha.carlisle@alaska.gov> Sent:Thursday, February 2, 2023 9:51 AM To:AOGCC_Public_Notices Subject:[AOGCC_Public_Notices] Public Hearing Notice (Hilcorp, Paxton 12 Pearl 10 and 11 Spacing Exception) Attachments:CO-23-001 Public Hearing Notice Hilcorp Paxton 12 Pearl 10 and 11 Spacing Exception.pdf Docket Number: CO-23-001 Hilcorp Alaska, LLC’s Spacing Exception Application for Paxton 12, Pearl 10, and Pearl 11 Exploration Wells Samantha Carlisle AOGCC Special Assistant Alaska Oil and Gas Conservation Commission 333 West 7th Avenue Anchorage, AK 99501 (907) 793-1223 __________________________________  List Name: AOGCC_Public_Notices@list.state.ak.us  You subscribed as: samantha.carlisle@alaska.gov  Unsubscribe at: https://list.state.ak.us/mailman/options/aogcc_public_notices/samantha.carlisle%40alaska.gov  Bernie Karl K&K Recycling Inc. P.O. Box 58055 Fairbanks, AK 99711 mailed 2/2/23 Adam Garrigus being first duly sworn on oath deposes and says that she is a representative of the Anchorage Daily News, a daily newspaper. That said newspaper has been approved by the Third Judicial Court, Anchorage, Alaska, and it now and has been published in the English language continually as a daily newspaper in Anchorage, Alaska, and it is now and during all said time was printed in an office maintained at the aforesaid place of publication of said news- paper. That the annexed is a copy of an adver- tisement as it was published in regular issues (and not in supplemental form) of said news- paper on AFFIDAVIT OF PUBLICATION ______________________________________ Notary Public in and for The State of Alaska. Third Division Anchorage, Alaska MY COMMISSION EXPIRES ______________________________________ 02/05/2023 and that such newspaper was regularly distrib- uted to its subscribers during all of said period. That the full amount of the fee charged for the foregoing publication is not in excess of the rate charged private individuals. Signed________________________________ Subscribed and sworn to before me this 6th day of February 2023. Account #: 100869 ST OF AK/AK OIL AND GAS CONSERVATION COMMISSION333 W. 7TH AVE STE 100, ANCHORAGE, AK 99501 Order #: W0035836 Cost: $377.2 Notice of Public HearingSTATE OF ALASKAALASKA OIL AND GAS CONSERVATION COMMISSION RE: Docket Number: CO-23-001Hilcorp Alaska, LLC’s Spacing Exception Application for Paxton 12, Pearl 10, and Pearl 11 Exploration Wells Hilcorp Alaska, LLC (Hilcorp) by letter received February 1, 2023, filed an application with the Alaska Oil and Gas Conservation Commission (AOGCC) for an exception to the spacing requirements of 20 AAC 25.055 to drill, test, and produce the Paxton 12, Pearl 10, and Pearl 11 exploration wells in an Undefined Gas Pool and the Ninilchik Beluga/Tyonek Gas Pool within 1,500 feet of a property line where the owners and landowners are not the same on both sides of the line, and within 1,500 feet from the exterior boundary of the Affected Area of Conservation Order 701C, pursuant to 20 AAC 25.055(d) and Rule C of CO 701C. Well spacing regulations protect the oil and gas rights of adjacent landowners and maximize resource recovery by establishing default limits on how close, under the land’s surface, oil and gas wells can be to property lines where ownership changes hands. These limits are set forth in a regulation, 20 AAC 25.055. Operators must abide by the default limits unless they apply for, and obtain, an exception to those limits. Although exceptions to the default limits are not unusual, AOGCC carefully evaluates each application, and typically grants them only when actual geologic conditions demonstrate that the proposed subsurface location of a well is necessary to reach otherwise unreachable oil or gas and that both the rights of adjacent landowners and underground drinking water can be protected. As a general matter, AOGCC does not have extensive authority over surface impacts such as noise, emissions, or construction. This notice does not contain all the information filed by Hilcorp. To obtain more information, contact the AOGCC’s Special Assistant, Samantha Carlisle, at (907) 793-1223 or samantha.carlisle@alaska.gov. A public hearing on the matter has been tentatively scheduled for March 9, 2023, at 10:00 a.m. To request that the tentatively scheduled hearing be held, a written request must be filed with the AOGCC no later than 4:30 p.m. on February 21, 2023. If a request for a hearing is not timely filed, the AOGCC may issue an order without a hearing. To learn if the AOGCC will hold the hearing, call (907) 793-1223 after February 22, 2023. The hearing, which may be changed to full virtual, if necessary, will be held in the AOGCC hearing room located at 333 West 7th Avenue, Anchorage, AK 99501. The audio call-in information is (907) 202-7104 Conference ID: 487 336 315#. Anyone who wishes to participate remotely using MS Teams video conference should contact Ms. Carlisle at least two business days before the scheduled public hearing to request an invitation for the MS Teams. In addition, written comments regarding this application may be submitted to the AOGCC, at 333 West 7th Avenue, Anchorage, AK 99501 or samantha.carlisle@alaska.gov. Comments must be received no later than 4:30 p.m. on March 7, 2023, except that, if a hearing is held, comments must be received no later than the conclusion of the March 9, 2023, hearing. If, because of a disability, special accommodations may be needed to comment or attend the hearing, contact Samantha Carlisle, at (907) 793-1223, no later than March 2, 2023. Brett W. Huber, Sr.Chair, Commissioner Pub: Feb. 5, 2023 STATE OF ALASKA THIRD JUDICIAL DISTRICT 2024-07-14 Document Ref: 67EXK-ONCZN-DGSEH-HKQ7Q Page 4 of 53 1 By Samantha Carlisle at 3:53 pm, Feb 01, 2023 Pearl 10 BHL Pearl 11 BHL Paxton 12 BHL From:Cody Terrell To:Carlisle, Samantha J (OGC) Cc:Davies, Stephen F (OGC); Roby, David S (OGC); Jeff Allen Subject:Re: [EXTERNAL] RE: Spacing Exception - Paxton 12, Pearl 10, Pearl 11 Date:Tuesday, February 14, 2023 9:48:49 AM Sorry, here you go: 0073_230201154902_001.pdf Arthur D. Reina, c/o Dan Reina, 11809 Nevers Rd, Snohomish WA 98290, United States CERTIFIED Delivered 2023-02-13T17:14:00.000Z Tracking Information 92071902358909000019745767 0073_230201154902_001.pdf Bear Creek Bend, LLC, C/O Douglas & Cherie Inglis, P.O. Box 1344, Homer AK 99603, United States CERTIFIED Tracking Information 92071902358909000019745781 0073_230201154902_001.pdf Brandon Levi & Melissa Lancaster, P. O. Box 39671, Ninilchik AK 99639, United States CERTIFIED Tracking Information 92071902358909000019745798 0073_230201154902_001.pdf Brandon Skeel, 5225 Bishop Castle Cir., Anchorage AK 99516, United States CERTIFIED Tracking Information 92071902358909000019745804 0073_230201154902_001.pdf Charles E. Gates, c/o Stephanie M. Gates, 9215 Deercross Pkwy, Apt. B1, Cincinnati OH 45236, United States CERTIFIED Tracking Information 92071902358909000019745811 0073_230201154902_001.pdf Charles S. and Margaret McMurrough, 4403 Van Buren St., Anchorage AK 99517, United States CERTIFIED Tracking Information 92071902358909000019745828 0073_230201154902_001.pdf Chun-Ni Noratuk and Pamela S. Noratuk, P. O. Box 39207, Ninilchik AK 99639, United States CERTIFIED Delivered 2023-02-11T16:17:00.000Z Tracking Information 92071902358909000019745835 0073_230201154902_001.pdf Cook Inlet Region, Inc., ATTN: LAND, 725 E. Fireweed Lane, Suite 800, Anchorage AK 99503, United States CERTIFIED Delivered 2023-02-10T16:22:00.000Z Tracking Information 92071902358909000019745842 0073_230201154902_001.pdf Cynthia L. Baganov, P. O. Box 2789, Homer AK 99603, United States CERTIFIED Tracking Information 92071902358909000019745859 0073_230201154902_001.pdf D & D Harrison Living Trust, 333 W. 7th Ave, Suite 300, Anchorage AK 99501, United States CERTIFIED Tracking Information 92071902358909000019745866 0073_230201154902_001.pdf Dan C. and Beatrice D. Hubbard, h/w, 173 Hubbard Rd., SW, Floyd VA 24019, United States CERTIFIED Tracking Information 92071902358909000019745873 0073_230201154902_001.pdf Danny L. Martin, 2250 NW 114th Ave, Unit 1P, PTY-14423, Miami FL 33192, United States CERTIFIED Tracking Information 92071902358909000019745880 0073_230201154902_001.pdf Dario Lopez, c/o Jack Arsenaut, 560 Main Street, Chatham NJ 07928-2119, United States CERTIFIED Delivered 2023-02-10T17:10:00.000Z Tracking Information 92071902358909000019745897 0073_230201154902_001.pdf Darlene M. Rozak, 600 W. 3rd Street, Delta CO 81416, United States CERTIFIED Tracking Information 92071902358909000019745910 0073_230201154902_001.pdf Darwin E. and Kaye A. Waldsmith, PO Box 39309, Ninilchik AK 99639, United States CERTIFIED Delivered 2023-02-09T20:17:00.000Z Tracking Information 92071902358909000019745903 0073_230201154902_001.pdf David B. Charbonnier, 804 Madison Street, Petaluma CA CERTIFIED 94952, United States Delivered 2023-02-11T16:28:00.000Z Tracking Information 92071902358909000019745927 0073_230201154902_001.pdf David M. and Jeanine B. Shea, PO Box 394, Dallas OR 97338, United States CERTIFIED Tracking Information 92071902358909000019745934 0073_230201154902_001.pdf David R. Kodysz and Jean R. Gregorich, PO Box 39052, Ninilchik AK 99639, United States CERTIFIED Delivered 2023-02-11T16:10:00.000Z Tracking Information 92071902358909000019745941 0073_230201154902_001.pdf David W. Smith, PO Box 39690, Ninilchik AK 99639, United States CERTIFIED Delivered 2023-02-13T13:16:00.000Z Tracking Information 92071902358909000019745965 0073_230201154902_001.pdf Edward Lee Maki, 505 Jamestown Ct, Frankfort KY 40601-1341, United States CERTIFIED Delivered 2023-02-13T18:22:00.000Z Tracking Information 92071902358909000019745958 0073_230201154902_001.pdf Ember A. Jackinsky, aka joshua Jackinsky, 3700 Sharon Gagnon LN, Anchorage AK 99508-4656, United States CERTIFIED Tracking Information 92071902358909000019745972 0073_230201154902_001.pdf Emily Long, PO Box 39187, Ninilchik AK 99639, United States CERTIFIED Tracking Information 92071902358909000019745989 0073_230201154902_001.pdf Gailan B. Johnson, P.O. Box 39108, Ninilchi AK 99639, United States CERTIFIED Tracking Information 92071902358909000019745996 0073_230201154902_001.pdf Gailan B. and Carol Lane- Johnson, PO Box 39108, Ninilchik AK 99639-0108, United States CERTIFIED Tracking Information 92071902358909000019746016 0073_230201154902_001.pdf Gale R. Graham, 1668 Oro Dam Blvd W 67, Oroville CA 95965-CERTIFIED 4155, United States Tracking Information 92071902358909000019746009 0073_230201154902_001.pdf Gary Andes and Marna Andes, c/o Andes Pool Supply, 23 Perry Ave, Biggs CA 95917, United States CERTIFIED Delivered 2023-02-09T15:08:00.000Z Tracking Information 92071902358909000019746023 0073_230201154902_001.pdf Gary Wade Jackinsky, P.O. Box 39127, Ninilchik AK 99639, United States CERTIFIED Delivered 2023-02-10T16:27:00.000Z Tracking Information 92071902358909000019746054 0073_230201154902_001.pdf George A. and Patricia Gates, 308 Village Lane, Greensboro NC 27409, United States CERTIFIED Tracking Information 92071902358909000019746030 0073_230201154902_001.pdf George R. Maki, Jr., 681 Cassidy Drive, Durango CO 81303, United States CERTIFIED Delivered 2023-02-13T16:49:00.000Z Tracking Information 92071902358909000019746047 0073_230201154902_001.pdf George S. Lindholm, P. O. Box 332, Rochester WA 98579, United States CERTIFIED Tracking Information 92071902358909000019746061 0073_230201154902_001.pdf Glenn R. Edwards and Carolyn M. Edwards, PO Box 39064, Ninilchik AK 99639, United States CERTIFIED Tracking Information 92071902358909000019746078 0073_230201154902_001.pdf Gloria Ann Ropelato, 3954 W. 1400 S., Ogden UT 84401- 9062, United States CERTIFIED Delivered 2023-02-10T15:52:00.000Z Tracking Information 92071902358909000019746085 0073_230201154902_001.pdf James A. and Sharon K. Dullinger, P.O. Box 39035, Ninilchik AK 99639, United States CERTIFIED Delivered 2023-02-10T17:09:00.000Z Tracking Information 92071902358909000019746092 0073_230201154902_001.pdf James B. and Patricia Webster, 887 Fawn Hill Drive, Edgewood KY 41017, United States CERTIFIED Tracking Information 92071902358909000019746108 0073_230201154902_001.pdf James Brown and Linda L. Brown, h/w, 2364 Old Richardson Hwy, North Pole AK 99705, United States CERTIFIED Tracking Information 92071902358909000019746122 0073_230201154902_001.pdf James D. and Diane S. Elledge, 20504 Philadelphia Way, Eagle River AK 99577- 8496, United States CERTIFIED Tracking Information 92071902358909000019746115 0073_230201154902_001.pdf Janet M. and Robert C. Clucas, 72880 Sterling Highway, Clam Gulch AK 99568, United States CERTIFIED Tracking Information 92071902358909000019746160 0073_230201154902_001.pdf Jason V. Jackinsky, PO Box 744, Palmer AK 99645-0744, United States CERTIFIED Tracking Information 92071902358909000019746139 0073_230201154902_001.pdf Jennifer Long, PO Box 39187, Ninilchik AK 99639, United States CERTIFIED Tracking Information 92071902358909000019746146 0073_230201154902_001.pdf Jesse S. Wallace, P.O. Box 39711, Ninilchik AK 99639, United States CERTIFIED Delivered 2023-02-13T14:05:00.000Z Tracking Information 92071902358909000019746153 0073_230201154902_001.pdf John D. McCombs and Deidre E. McCombs, PO Box 39087, Ninilchik AK 99639, United States CERTIFIED Delivered 2023-02-11T16:39:00.000Z Tracking Information 92071902358909000019746177 0073_230201154902_001.pdf John M. Chiri and Alice S. Chiri, P.O. Box 39542, Ninilchik AK 99639, United States CERTIFIED Tracking Information 92071902358909000019746184 0073_230201154902_001.pdf Joy Ward, P. O. Box 3414, Kenai AK 99611, United States CERTIFIED Delivered 2023-02-10T20:08:00.000Z Tracking Information 92071902358909000019746214 0073_230201154902_001.pdf Julie D. Kelley and Michael R. Milazzo, 6541 E. 11th Ave, Anchorage AK 99504, United States CERTIFIED Delivered 2023-02-09T14:43:00.000Z Tracking Information 92071902358909000019746191 0073_230201154902_001.pdf Kenneth E. and Brenda M. Noonan, h/w, 1 Kollar Road, Willington CT 06279, United States CERTIFIED Delivered 2023-02-10T20:04:00.000Z Tracking Information 92071902358909000019746207 0073_230201154902_001.pdf L.R. and Katherine Lunne, 2530 Fairmont Avenue, Dayton OH 45419, United States CERTIFIED Tracking Information 92071902358909000019746221 0073_230201154902_001.pdf Lela Young, aka Lela Joye Thatcher, 5915 Petersburg St., Anchorage AK 99507, United States CERTIFIED Delivered 2023-02-10T16:48:00.000Z Tracking Information 92071902358909000019746238 0073_230201154902_001.pdf Mark and April Stover, 67865 Virginia Ave, Homer AK 99603, United States CERTIFIED Tracking Information 92071902358909000019746245 0073_230201154902_001.pdf Mathew Byler, PO Box 39308, Ninilchik AK 99639, United States CERTIFIED Tracking Information 92071902358909000019746252 0073_230201154902_001.pdf McKibben Jackinsky, PO Box 39187, Ninilchik AK 99639, United States CERTIFIED Tracking Information 92071902358909000019746269 0073_230201154902_001.pdf Mercy A. Shelton, PO Box 2260, Homer AK 99603, United States CERTIFIED Tracking Information 92071902358909000019746276 0073_230201154902_001.pdf Michael Roy Smith, 1121 Burnt Ridge Road, Troy ID 83871,CERTIFIED United States Tracking Information 92071902358909000019746283 0073_230201154902_001.pdf Ninilchik Point View LLC, PO Box 39309, Ninilchik AK 99639, United States CERTIFIED Delivered 2023-02-10T18:18:00.000Z Tracking Information 92071902358909000019746306 0073_230201154902_001.pdf No More FYI, LLC, c/o Shari Wulf, 10672 Kenai Spur Hwy, Ste 112, PMB 289, Kenai AK 99611, United States CERTIFIED Delivered 2023-02-13T16:56:00.000Z Tracking Information 92071902358909000019746290 0073_230201154902_001.pdf Paul J. Brisco and Ursala L. Brisco, P.O. 1895, Clearlake Oaks CA 95423, United States CERTIFIED Delivered 2023-02-10T16:53:00.000Z Tracking Information 92071902358909000019746313 0073_230201154902_001.pdf Paul Mann, P.O. Box 39052, Ninilchik AK 99639, United States CERTIFIED Tracking Information 92071902358909000019746320 0073_230201154902_001.pdf Redford Johnathan Turner, IV, P. O. Box 141, Clam Gulch AK 99568, United States CERTIFIED Delivered 2023-02-10T19:18:00.000Z Tracking Information 92071902358909000019746337 0073_230201154902_001.pdf Richard Lee & Jeannie Lou Johnson, 12710 Stering Hwy, Ninilchik AK 99639, United States CERTIFIED Delivered 2023-02-13T15:18:00.000Z Tracking Information 92071902358909000019746344 0073_230201154902_001.pdf Risa A. Jackinsky, 4014 Ben Walters Lane, Apt. C8, Homer AK 99603, United States CERTIFIED Tracking Information 92071902358909000019746368 0073_230201154902_001.pdf Robert Flygenring and Cheryl King, 2300 Loussac Dr.,, Anchorage AK 99517, United States CERTIFIED Delivered 2023-02-10T18:52:00.000Z Tracking Information 92071902358909000019746351 0073_230201154902_001.pdf Robert L. and Carol A. Wilson, 168 Hidden Ridge Court, Cold Springs KY 41076, United States CERTIFIED Delivered 2023-02-11T18:42:00.000Z Tracking Information 92071902358909000019746375 0073_230201154902_001.pdf Ronald L. and Dorothy A. Palmer, 131 Windy Knoll Dr., Mossyrock WA 98564, United States CERTIFIED Tracking Information 92071902358909000019746382 0073_230201154902_001.pdf Sandra and John Ford, 12640 Sauders Road, Anchorage AK 99516, United States CERTIFIED Delivered 2023-02-11T01:05:00.000Z Tracking Information 92071902358909000019746399 0073_230201154902_001.pdf Sharon Culhane Living Trust, 5331 Bishops Castle Circle, Anchorage AK 99516, United States CERTIFIED Tracking Information 92071902358909000019746412 0073_230201154902_001.pdf Shawn W. Jackinsky, Jr., PO Box 15282, Fritz Creek AK 99603, United States CERTIFIED Delivered 2023-02-10T14:29:00.000Z Tracking Information 92071902358909000019746405 0073_230201154902_001.pdf State of Alaska, DNR, ATTN: Units, 550 West 7th Avenue, Ste. 1100, Anchorage AK 99501, United States CERTIFIED Delivered 2023-02-10T19:11:00.000Z Tracking Information 92071902358909000019746429 0073_230201154902_001.pdf Stephen M. and Theresa Wackowski, 103 Ryans Way, Yorktown VA 23693, United States CERTIFIED Delivered 2023-02-10T21:10:00.000Z Tracking Information 92071902358909000019746474 0073_230201154902_001.pdf Stephen Walter Jackinsky, 1714 Seyburn St., Detroit Michigan 48214, United States CERTIFIED Delivered 2023-02-10T16:09:00.000Z Tracking Information 92071902358909000019746436 Steven L. Violette, P.O. Box 0073_230201154902_001.pdf 39021, Ninilchik AK 99639, United States CERTIFIED Delivered 2023-02-11T16:14:00.000Z Tracking Information 92071902358909000019746467 0073_230201154902_001.pdf Susan R. Monte, 161 W 5th St. Saint Charles, MN 55972, Saint Charles MN 55972, United States CERTIFIED Tracking Information 92071902358909000019746443 0073_230201154902_001.pdf Donna Lynn West Living Trust, 4500 S Twin Peaks Dr., Wasilla AK 99654, United States CERTIFIED Tracking Information 92071902358909000019746450 0073_230201154902_001.pdf Thomas James and Deborah Ann Bandelow, 1840 Orchard Place, Anchorage AK 99502, United States CERTIFIED Delivered 2023-02-10T16:53:00.000Z Tracking Information 92071902358909000019745774 0073_230201154902_001.pdf Timothy and Kristine Moerlein, 20315 Tustumena Lake Rd, Kasilof AK 99610, United States CERTIFIED Tracking Information 92071902358909000019745736 0073_230201154902_001.pdf Wendy Jacqueline Seaman, 12 Haven Dr., Petaluma CA 94952, United States CERTIFIED Delivered 2023-02-10T19:37:00.000Z Tracking Information 92071902358909000019745750 0073_230201154902_001.pdf Zachary J. and Brenna Petrusa, 8200 Opal Dr., Anchorage AK 99502, United States CERTIFIED Tracking Information 92071902358909000019745743 Regards, Cody T. Terrell Landman Hilcorp Alaska, LLC Direct: 907-777-8432 Cell: 713-870-4532 This email may contain confidential and / or privileged information CAUTION: This email originated from outside the State of Alaska mail system. Do not click links or open attachments unless you recognize the sender and know the content is safe. CAUTION: External sender. DO NOT open links or attachments from UNKNOWN senders. and is intended for the recipient(s) only. In the event you receive this message in error, please notify me and delete the message. Sent from iPhone From: Carlisle, Samantha J (OGC) <samantha.carlisle@alaska.gov> Sent: Monday, February 13, 2023 2:58:59 PM To: Cody Terrell <cterrell@hilcorp.com> Cc: Davies, Stephen F (OGC) <steve.davies@alaska.gov>; Roby, David S (OGC) <dave.roby@alaska.gov>; Jeff Allen <jallen@hilcorp.com> Subject: [EXTERNAL] RE: Spacing Exception - Paxton 12, Pearl 10, Pearl 11 Cody – Do you have the tracking numbers for this? Thank you, Samantha Carlisle AOGCC Special Assistant Alaska Oil and Gas Conservation Commission 333 West 7th Avenue Anchorage, AK 99501 (907) 793-1223 From: Cody Terrell <cterrell@hilcorp.com> Sent: Wednesday, February 1, 2023 3:08 PM To: Carlisle, Samantha J (OGC) <samantha.carlisle@alaska.gov> Cc: Davies, Stephen F (OGC) <steve.davies@alaska.gov>; Roby, David S (OGC) <dave.roby@alaska.gov>; Jeff Allen <jallen@hilcorp.com> Subject: Spacing Exception - Paxton 12, Pearl 10, Pearl 11 Samantha, Please see the attached application for a spacing exception for three (3) wells located within the Ninilchik Unit. We plan to spud this well as early as March 3. It would be greatly appreciated if you could get the public notice out ASAP to get the 30 day clock started. The notice to landowners should go out tomorrow and I will forward along the tracking numbers ASAP. If you have any questions please let me know. Thank you so much in advance. Regards, Cody T. 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