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DATE:   1/22/2004        Comptroller Of Public Accounts             PAGE:      3
TIME: 15:20                  Property Tax Division                   RPT: MIN704
                           2003 Property Value Study
                          Minerals Category Worksheet
                                    138  Knox
                                138-904  Benjamin

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

TXO08A068177                     210,440               254,439            .8270
TXO09 020707                      87,890                65,544           1.3409
TXO09 024237                      30,900                28,960           1.0669
TXO09 025649                      19,520                20,000            .9760
TXO09 025860                     707,740               674,481           1.0493
TXO09 026520                      87,990                78,731           1.1176
TXO09 029526                      28,110                28,800            .9760
TXO09 029560                      57,760                57,197           1.0098
TXO09 029609                     235,180               187,296           1.2556
TXO09 029630                      84,540                80,972           1.0440



                     Total Self-Reported Mineral Value:           1,585,560

                     Divided by ISD Mineral Ratio:                   1.0498**

                     Estimated PTD Mineral Value:                 1,510,345


          ** See Stratified Ratio Detail report for more data