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DATE:   6/27/2004        Comptroller Of Public Accounts             PAGE:      3
TIME: 21:42                  Property Tax Division                   RPT: MIN704
                           2003 Property Value Study
                          Minerals Category Worksheet
                                    243  Wichita
                                243-903  Iowa Park CISD

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

PSU243 153000                    318,450               275,540           1.1557
PSU243 68100                     547,280               536,808           1.0195
PSU243 92300                   1,477,800             1,606,805            .9197
PSU243 92600                     478,570               506,021            .9457
TXO09 004945                     233,620               250,693            .9318
TXO09 005159                     227,220               243,961            .9313
TXO09 005162                      45,440                45,686            .9946
TXO09 005388                      26,180                27,034            .9684
TXO09 005425                     172,510               183,502            .9400
TXO09 006049                     578,150               577,339           1.0014
TXO09 006054                     352,960               365,513            .9656
TXO09 006096                     576,380               576,015           1.0006
TXO09 006138                      19,400                16,445           1.1796
TXO09 006200                      26,150                13,577           1.9260
TXO09 006287                     125,830               125,476           1.0028
TXO09 006299                     168,330               187,552            .8975
TXO09 010267                   6,502,165             6,269,397           1.0371
TXO09 010752                     315,720               320,792            .9841
TXO09 011451                   3,945,430             3,898,900           1.0119
TXO09 012008                     206,640               131,596           1.5702
TXO09 012565                   1,158,730             1,261,717            .9183
TXO09 015044                     183,780               172,437           1.0657
TXO09 015443                     270,780               231,639           1.1689
TXO09 017103                      31,530                31,168           1.0116
TXO09 026793                     263,240               288,047            .9138
TXO09 029328                     505,030               404,383           1.2488



                     Total Self-Reported Mineral Value:          25,551,686

                     Divided by ISD Mineral Ratio:                   1.0078**

                     Estimated PTD Mineral Value:                25,353,925


          ** See Stratified Ratio Detail report for more data