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DATE:   1/22/2004        Comptroller Of Public Accounts             PAGE:      6
TIME: 17:20                  Property Tax Division                   RPT: MIN704
                           2003 Property Value Study
                          Minerals Category Worksheet
                                    249  Wise
                                249-906  Paradise

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

PSU249 F7920                     153,100               156,405            .9788
TXG09 028582                      61,779                64,188            .9624
TXG09 028641                      92,730                92,423           1.0033
TXG09 028670                      46,230                48,643            .9503
TXG09 028763                      68,793                69,953            .9834
TXG09 028905                      24,720                24,369           1.0144
TXG09 030720                     131,348               129,000           1.0182
TXG09 084549                      23,350                19,410           1.2029
TXG09 085866                      30,990                60,409            .5130
TXG09 098400                     285,650               256,801           1.1123
TXG09 115755                     183,590               169,126           1.0855
TXG09 116166                      53,310                57,376            .9291
TXG09 132602                     171,610               184,933            .9279
TXG09 138904                     107,940                91,968           1.1736
TXG09 164091                     185,590               110,762           1.6755
TXG09 183191                     220,120               218,849           1.0058
TXO09 029748                     111,840               100,914           1.1082



                     Total Self-Reported Mineral Value:          14,074,930

                     Divided by ISD Mineral Ratio:                   1.0488**

                     Estimated PTD Mineral Value:                13,420,032


          ** See Stratified Ratio Detail report for more data