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DATE:   6/27/2004        Comptroller Of Public Accounts             PAGE:      3
TIME: 21:04                  Property Tax Division                   RPT: MIN704
                           2003 Property Value Study
                          Minerals Category Worksheet
                                    214  Starr
                                214-903  Roma

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

PSU214 70178                   2,436,430             2,462,963            .9892
PSU214 70703                   1,450,570             1,472,975            .9847
PSU214 70731                   2,852,300             2,917,858            .9775
TXG04 143937                     873,910               827,328           1.0563
TXG04 145954                   2,004,220             1,924,769           1.0412
TXG04 146320                     936,710             1,153,140            .8123
TXG04 146926                   1,641,320             1,830,700            .8965
TXG04 147406                     982,750               913,361           1.0759
TXG04 148252                   4,008,060             4,031,358            .9942
TXG04 148493                   2,629,290             2,840,480            .9256
TXG04 149914                   1,501,980             1,547,244            .9707
TXG04 150386                   1,628,260             1,630,374            .9987
TXG04 151029                     865,970               939,564            .9216
TXG04 151749                   2,800,350             2,807,167            .9975
TXG04 153599                     377,170               398,479            .9465
TXG04 156398                     973,150               957,493           1.0163
TXG04 156879                     981,120             1,092,847            .8977
TXG04 156989                   3,098,550             3,233,698            .9582
TXG04 157188                   6,011,500             6,521,168            .9218
TXG04 159481                   1,562,700             1,586,464            .9850
TXG04 160864                   1,950,760             1,953,143            .9987
TXG04 160917                   2,954,000             3,031,553            .9744
TXG04 161164                     210,050               210,192            .9993
TXG04 163795                     843,280               844,909            .9980
TXG04 164868                     563,800               559,089           1.0084
TXG04 171510                   1,373,550             1,457,594            .9423
TXG04 173039                   2,061,280             2,197,616            .9379
TXG04 177921                   1,781,280             1,760,065           1.0120
TXG04 178096                   4,286,010             4,363,510            .9822
TXG04 178109                   1,498,100             1,499,305            .9991
TXG04 182801                     572,680               594,840            .9627
TXG04 182934                   3,714,990             3,839,131            .9676
TXG04 182952                     505,880               528,024            .9580
TXG04 183160                   1,202,970             1,443,419            .8334
TXG04 184539                     389,650               525,953            .7408
TXG04 185550                   4,053,140             4,038,104           1.0037
TXG04 186568                   2,655,250             2,648,243           1.0026
TXG04 186626                     475,320               485,991            .9780
TXG04 189962                     623,930               647,911            .9629
TXG04 192694                   1,696,870             1,746,559            .9715
TXG04 192763                   2,873,530             2,929,093            .9810

DATE: 6/27/2004 Comptroller Of Public Accounts PAGE: 4 TIME: 21:04 Property Tax Division RPT: MIN704 2003 Property Value Study Minerals Category Worksheet 214 Starr 214-903 Roma -------------------------------------------------------------------------------- PTD Lease Number Appraised Market or Mineral Type Value Value Ratio -------------------------------------------------------------------------------- Oil & Gas Sample Leases: Total Self-Reported Mineral Value: 86,586,940 Divided by ISD Mineral Ratio: .9682** Estimated PTD Mineral Value: 89,430,841 ** See Stratified Ratio Detail report for more data