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DATE:   1/22/2004        Comptroller Of Public Accounts             PAGE:      4
TIME: 16:22                  Property Tax Division                   RPT: MIN704
                           2003 Property Value Study
                          Minerals Category Worksheet
                                    187  Polk
                                187-906  Leggett

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

TXG03 055172                   1,698,026             1,664,173           1.0203
TXG03 058096                   2,215,780             2,160,338           1.0256
TXG03 075071                   1,591,086             1,597,617            .9959
TXG03 147773                   2,189,021             2,114,854           1.0350
TXG03 157577                   4,411,217             4,391,364           1.0045
TXG03 157737                   3,014,997             3,020,331            .9982
TXG03 159465                   8,249,868             5,913,672           1.3950
TXG03 163214                   2,660,943             2,649,982           1.0041
TXG03 165563                   1,010,591             1,092,969            .9246
TXG03 166332                     512,903               521,538            .9834
TXG03 177597                   3,645,881             3,643,456           1.0006
TXG03 180001                   6,071,342             6,014,805           1.0093
TXG03 187640                   1,304,300             1,318,559            .9891



                     Total Self-Reported Mineral Value:          39,985,240

                     Divided by ISD Mineral Ratio:                   1.0661**

                     Estimated PTD Mineral Value:                37,506,088


          ** See Stratified Ratio Detail report for more data