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DATE:   6/27/2004        Comptroller Of Public Accounts             PAGE:      3
TIME: 16:48                  Property Tax Division                   RPT: MIN704
                           2003 Property Value Study
                          Minerals Category Worksheet
                                    001  Anderson
                                001-904  Frankston

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   PTD Lease Number        Appraised               Market
    or Mineral Type          Value                 Value              Ratio
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Oil & Gas Sample Leases:

TXG06 107892                   1,831,899             1,957,922            .9356
TXO06 004853                  56,255,617            56,624,240            .9934
TXO06 010461                     110,409               104,106           1.0605
TXO06 010702                      67,390                67,937            .9919
TXO06 010800                     243,512               233,419           1.0432
TXO06 010905                      80,470                68,269           1.1787
TXO06 012276                     102,320                90,009           1.1367
TXO06 012418                     128,957               114,508           1.1261
TXO06 014173                     668,790               691,477            .9671



                     Total Self-Reported Mineral Value:          53,996,740

                     Divided by ISD Mineral Ratio:                    .9923**

                     Estimated PTD Mineral Value:                54,415,741


          ** See Stratified Ratio Detail report for more data