Contract Serial Register Page ML53831 Contract Details ML53831 Lease: Status: Active Lease Type: BITUMINOUS SANDS / ASPHALTIC Acres: 640.00 Date Approved: 08/13/2018 Date Cancelled: Start Date: 09/01/2018 End Date: 08/31/2028 Royalty Rate: Term: 10 Lessee: TMC CAPITAL, LLC Address: 15315 W. MAGNOLIA BOULEVARD SUITE 120 SHERMAN OAKS, CA 91402 Parcel Legal Description TRS Bene County Type Layer Acres T4.0 S R20.0E S22 SL UINT SCH Use OthM 640.00 ALL Legal Description: 640.00 Total Acres: Interests in Contract Interest Type: 1 Record Title RECORD TITLE COMPANY 104451 ID: TMC CAPITAL, LLC 15315 W. MAGNOLIA BOULEVARD, SUITE 120 SHERMAN OAKS, CA, 91402 100.000000 Percent Interest: 10006667 Address ID: 100.00 Total Interest for Type:1 Interest Type: 11 Operating Rights OPERATING RIGHTS - AT OR BELOW 500' FROM THE SURFACE -- T4S, R20E, SLB&M, SEC. 22: ALL 640.00 ACRES COMPANY 104622 ID: HEAVY SWEET OIL, LLC 1090 CENTER DRIVE, STUDIO 31 PARK CITY, UT, 84098 100.000000 Percent Interest: 10006858 Address ID: 100.00 Total Interest for Type:11 5 Page 1 of 01/04/2025 Comments 08/13/2018 1796 SEALED BID - 07/30/2018 - BITUMINOUS SANDS/ASPHALTIC SANDS - LEASE APPROVALS Each lease receiving a bid at the July 2018 EnergyNet sealed bid online auction was awarded to the high bidder with an effective date of September 1, 2018. 09/07/2021 7058 ASSIGNMENT APPROVALS - VALKOR ENERGY HOLDINGS, LLC BY INDAGO OIL & GAS, INC Record Title and Operating Rights Assignments were approved for 100% interest the above-mentioned leases to Valkor Energy Holdings, LLC by Indago Oil and Gas, Inc. 07/11/2022 8347 ASSIGNMENT APPROVAL - TMC CAPITAL, LLC BY VALKOR ENERGY - BITUMINOUS SANDS / ASPHALTIC SANDS A record title assignment wass approved for 100% interest in ML 53805, ML 53831, and ML 53832 to TMC CAPITAL, LLC by Valkor Energy Holdings, LLC. 03/20/2023 9245 ASSIGNMENT APPROVAL - ML 53831, ML 53832, ML 53805 - VALKOR ENERGY HOLDINGS, LLC BY TMC CAPITAL, LLC SITLA approved an operating rights assignment for 100% interest owned in the above-listed leases to Valkor Energy Holdings, LLC by TMC Capital, LLC. 03/27/2023 9246 ASSIGNMENT APPROVALS - ML 53831, ML 53832, ML 53805 - HEAVY SWEET OIL, LLC BY VALKOR ENERGY HOLDINGS, LLC SITLA approved an operating rights assignment for 100% interest in the above-listed leases to Heavy Sweet Oil, LLC by Valkor Energy Holdings, LLC. 01/22/2024 10117 TERMS AND CONDITIONS OF MMDA ON SECTIONS 22 AND 23 OF T4S, R20E, SLB&M As to the Subject Property, the agency has adopted the foregoing terms, conditions and determinations pursuant to the MMDA designation of June 30, 2006. 11/04/2024 11026 TERMS AND CONDITIONS OF MMDA ON SECTIONS 22 AND 23 OF T4S, R20E, SLB&M As to the Subject Property, the agency has adopted the foregoing terms, conditions and determinations pursuant to the MMDA designation of June 30, 2006. The terms and conditions set forth herein supersede those previously set forth by the agency on January 12, 2024. 01/06/2025 11131 ASSIGNMENT OF OPERATING RIGHTS - ML 53805, ML 53831, & ML 53832 - LAFAYETTE ENERGY CORP BY HEAVY SWEET OIL, LLC Three (3) operating rights assignments were approved for ML 53805 (100%), ML 53831 (80%), and ML 53832 (80%) to Lafayette Energy Corp by 5 Page 2 of 01/04/2025 Heavy Sweet Oil, LLC. Payment History Doc Date 12/10/2024 Revenue Type Fee Payment (Never billed) Start Date End Date Acct Period 6 /2025 Receipt Number SL132412 Payment Amount 150.00 Record Type: Description: Minerals, Assignment Fee Payor Name: TMC CAPITAL, LLC Doc Date 01/09/2024 Revenue Type Payment (Billed) Start Date 09/01/2023 End Date 08/31/2024 Acct Period 7 /2024 Receipt Number SL129611 Payment Amount 422.40 Record Type: Description: Minerals, Late Fee Rental Payor Name: TMC CAPITAL, LLC Doc Date 01/09/2024 Revenue Type Payment (Billed) Start Date 09/01/2023 End Date 08/31/2024 Acct Period 7 /2024 Receipt Number SL129611 Payment Amount 640.00 Record Type: Description: Minerals, Other Rental Payor Name: TMC CAPITAL, LLC Doc Date 11/14/2023 Revenue Type Billing Start Date 09/01/2023 End Date 08/31/2024 Acct Period 0 /0 Receipt Number Payment Amount 422.40 Record Type: Description: Minerals, Late Fee Rental Payor Name: Doc Date 07/26/2023 Revenue Type Billing Start Date 09/01/2023 End Date 08/31/2024 Acct Period 0 /0 Receipt Number Payment Amount 640.00 Record Type: Minerals, Other Rental Description: Minerals, Other Rental Payor Name: Doc Date 10/24/2022 Revenue Type Fee Payment (Never billed) Start Date End Date Acct Period 4 /2023 Receipt Number SL125916 Payment Amount 75.00 Record Type: Description: Minerals, Assignment Fee Payor Name: TMC CAPITAL, LLC Doc Date 10/24/2022 Revenue Type Fee Payment (Never billed) Start Date End Date Acct Period 4 /2023 Receipt Number SL125916 Payment Amount 75.00 Record Type: Description: Minerals, Assignment Fee Payor Name: TMC CAPITAL, LLC 5 Page 3 of 01/04/2025 Doc Date 09/06/2022 Revenue Type Payment (Billed) Start Date End Date Acct Period 3 /2023 Receipt Number EP002259 Payment Amount 640.00 Record Type: 9220730215 Description: Minerals, Other Rental Payor Name: PETROTEQ OIL RECOVERY Doc Date 09/06/2022 Revenue Type Fee Payment (Never billed) Start Date End Date Acct Period 3 /2023 Receipt Number EP002259 Payment Amount 3.00 Record Type: 9220730215 Description: Convenience Fee Payor Name: PETROTEQ OIL RECOVERY Doc Date 07/22/2022 Revenue Type Billing Start Date 09/01/2022 End Date 08/31/2023 Acct Period 0 /0 Receipt Number Payment Amount 640.00 Record Type: Minerals, Other Rental Description: Minerals, Other Rental Payor Name: Doc Date 03/14/2022 Revenue Type Fee Payment (Never billed) Start Date End Date Acct Period 9 /2022 Receipt Number SL123596 Payment Amount 75.00 Record Type: Description: Minerals, Assignment Fee Payor Name: VALKOR ENERGY HOLDINGS, LLC. Doc Date 09/02/2021 Revenue Type Payment (Billed) Start Date 09/01/2021 End Date 08/31/2022 Acct Period 3 /2022 Receipt Number SL121936 Payment Amount 640.00 Record Type: Description: Minerals, Other Rental Payor Name: INDAGO OIL AND GAS, INC. Doc Date 08/19/2021 Revenue Type Fee Payment (Never billed) Start Date End Date Acct Period 2 /2022 Receipt Number SL121811 Payment Amount 75.00 Record Type: Description: Minerals, Assignment Fee Payor Name: INDAGO OIL AND GAS, INC. Doc Date 07/26/2021 Revenue Type Billing Start Date 09/01/2021 End Date 08/31/2022 Acct Period 0 /0 Receipt Number Payment Amount 640.00 Record Type: Minerals, Other Rental Description: Minerals, Other Rental Payor Name: Doc Date 02/11/2021 Revenue Type Payment (Billed) Start Date 09/01/2020 End Date 08/31/2021 Acct Period 8 /2021 Receipt Number SL119596 Payment Amount 422.40 Record Type: Description: Minerals, Late Fee Rental Payor Name: INDAGO OIL AND GAS, INC. 5 Page 4 of 01/04/2025 Doc Date 02/11/2021 Revenue Type Payment (Billed) Start Date 09/01/2020 End Date 08/31/2021 Acct Period 8 /2021 Receipt Number SL119596 Payment Amount 640.00 Record Type: Description: Minerals, Other Rental Payor Name: INDAGO OIL AND GAS, INC. Doc Date 01/25/2021 Revenue Type Billing Start Date 09/01/2020 End Date 08/31/2021 Acct Period 0 /0 Receipt Number Payment Amount 422.40 Record Type: Description: Minerals, Late Fee Rental Payor Name: Doc Date 07/21/2020 Revenue Type Billing Start Date 09/01/2020 End Date 08/31/2021 Acct Period 0 /0 Receipt Number Payment Amount 640.00 Record Type: Minerals, Other Rental Description: Minerals, Other Rental Payor Name: Doc Date 08/26/2019 Revenue Type Payment (Billed) Start Date 09/01/2019 End Date 08/31/2020 Acct Period 2 /2020 Receipt Number SL114377 Payment Amount 640.00 Record Type: Description: Minerals, Other Rental Payor Name: INDAGO OIL AND GAS, INC. Doc Date 08/01/2019 Revenue Type Billing Start Date 09/01/2019 End Date 08/31/2020 Acct Period 0 /0 Receipt Number Payment Amount 640.00 Record Type: Minerals, Other Rental Description: Minerals, Other Rental Payor Name: Doc Date 08/20/2018 Revenue Type Fee Payment (Never billed) Start Date End Date Acct Period 2 /2019 Receipt Number SL110335 Payment Amount 640.00 Record Type: INDAGO OIL & GAS Description: Minerals, Competitive Rental Payor Name: INDAGO OIL AND GAS, INC. 5 Page 5 of 01/04/2025