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DATE:   1/22/2004        Comptroller Of Public Accounts             PAGE:      4
TIME: 14:34                  Property Tax Division                   RPT: MIN704
                           2003 Property Value Study
                          Minerals Category Worksheet
                                    104  Haskell
                                104-907  Paint Creek

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

TXO07B002777                     450,215               356,481           1.2629
TXO07B002780                     122,009               115,613           1.0553
TXO07B009390                      16,855                17,182            .9809
TXO07B010655                      23,325                18,000           1.2958
TXO07B010657                      32,411                31,964           1.0139
TXO07B011690                      27,115                16,218           1.6719
TXO07B012494                      14,283                12,000           1.1902
TXO07B015246                      66,738                64,376           1.0366
TXO07B017083                      29,725                28,629           1.0382
TXO07B022140                     110,104               108,733           1.0126
TXO07B023936                       9,000                 9,000           1.0000
TXO07B024560                      13,425                14,551            .9226
TXO07B024687                      11,445                 6,023           1.9002
TXO07B025421                     233,793               220,918           1.0582
TXO07B025598                     101,160                91,704           1.1031
TXO07B026039                      35,894                34,032           1.0547
TXO07B027636                     210,038               217,140            .9672
TXO07B027684                      41,807                25,075           1.6672
TXO07B027799                      83,198                73,275           1.1354
TXO07B028012                       8,672                 5,972           1.4521
TXO07B028027                     114,527                80,860           1.4163
TXO07B028040                     312,942               308,780           1.0134
TXO07B028047                      43,809                40,356           1.0855
TXO07B028386                      80,732                82,021            .9842
TXO07B028485                       7,065                 6,000           1.1775
TXO07B028493                      23,139                21,643           1.0691
TXO07B028582                     286,075               302,744            .9449
TXO07B028755                       6,917                 6,010           1.1509
TXO07B028854                     162,413               157,645           1.0302
TXO07B029031                     522,438               343,949           1.5189



                     Total Self-Reported Mineral Value:           3,654,060

                     Divided by ISD Mineral Ratio:                   1.1364**

                     Estimated PTD Mineral Value:                 3,215,470


          ** See Stratified Ratio Detail report for more data