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DATE:   6/27/2004        Comptroller Of Public Accounts             PAGE:      2
TIME: 19:27                  Property Tax Division                   RPT: MIN704
                           2003 Property Value Study
                          Minerals Category Worksheet
                                    121  Jasper
                                121-903  Buna

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

TXG03 123117                     303,297               382,322            .7933
TXG03 123984                     217,065               195,602           1.1097
TXG03 124696                   1,377,216               921,607           1.4943
TXG03 127227                   2,036,497             1,527,925           1.3328
TXG03 127976                     752,503               774,507            .9715
TXG03 131616                   1,263,776               905,708           1.3953
TXG03 175622                      85,701                84,289           1.0167
TXG03 185585                   1,367,831             1,361,159           1.0049
TXG03 188250                     164,929               176,937            .9321
TXO03 011395                      76,592                43,289           1.7693
TXO03 015888                     428,990               287,213           1.4936
TXO03 020591                   1,058,479             1,059,314            .9992
TXO03 023687                     954,021               701,541           1.3598



                     Total Self-Reported Mineral Value:          13,097,912

                     Divided by ISD Mineral Ratio:                   1.1978**

                     Estimated PTD Mineral Value:                10,934,974


          ** See Stratified Ratio Detail report for more data