Federal 2

Gas Property in Blaine County, MT

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Key data points for Federal 2

Our Valuation Estimates for Federal 2

ShaleAssessment™

$2 *

MarketMultiple™

$50 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Aggregated production of all wells and leases associated with this property

API #	Well Name	Operator	Status	County	Latitude	Longitude
25-005-22680	Federal 27-35-17B	NorthWestern Corporation	Producing	Blaine County, MT	48.762890	-109.492410
25-005-22706	Federal 26-35-17	NorthWestern Corporation	Shut In	Blaine County, MT	48.761230	-109.479550
25-005-23080	Federal 24-35-17B	Klabzuba Oil & Gas, Inc.	P&A - Approved	Blaine County, MT	48.774750	-109.445430

Lease #	Lease Name	Operator	County	Monthly Gas Prod.
5065	FEDERAL 27-35-17B	NorthWestern Corporation	Blaine County, MT

These are the closest 7 properties to the Federal 2 property.

Property Name	Location	Gas Prod.	Prod. Period
Bessette	Hill County, MT	260 MCF	Sep 2024
East End	Hill County, MT	2,670 MCF	Sep 2024
Federal	Blaine County, MT	0 MCF	Nov 2009
Listou	Blaine County, MT	0 MCF	Sep 2016
Wallin	Blaine County, MT	0 MCF	Jun 2024
Williams 1	Blaine County, MT	0 MCF	Aug 2005
Wilmes 2	Blaine County, MT	0 MCF	Nov 2017

These are the closest 4 companies operating near the Federal 2 property.