Contract Serial Register Page ML53805 Contract Details ML53805 Lease: Status: Active Lease Type: BITUMINOUS SANDS / ASPHALTIC Acres: 1920.00 Date Approved: 05/14/2018 Date Cancelled: Start Date: 06/01/2018 End Date: 05/31/2028 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 S32 SL UINT SCH Use OthM 640.00 ALL Legal Description: T4.0 S R20.0E S26 SL UINT SCH Use OthM 640.00 ALL Legal Description: T4.0 S R20.0E S27 SL UINT SCH Use OthM 640.00 ALL Legal Description: 1920.00 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. 26: All; Sec. 27: 5 Page 1 of 01/04/2025 Interests in Contract All; Sec. 32: All (1,920.00 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 Comments 05/14/2018 1425 SEALED BID - 04/30/2018 - BITUMINOUS SANDS / ASPHALTIC SANDS - LEASE APPROVALS Each lease receiving a bid at the April 2018 EnergyNet sealed bid online auction was awarded to the high bidder. 08/13/2018 1821 CORRECTION TO DA (ID #1425) SEALED BID - 04/30/2018 - BS/AS - LEASE APPROVALS On the Director's Actions of May 14, 2018 (ID #1425), sealed bid applications for bituminous and asphaltic sands were approved. The narrative field of this item should have included that bids were offered with an advanced annual minimum royalty payment of 10.00 per acre , in addition to other terms listed. All payments and billing parameters for these contracts are correct in the Business System and no further corrective action is necessary. 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. 5 Page 2 of 01/04/2025 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 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 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 Doc Date 09/06/2022 Revenue Type Payment (Billed) Start Date End Date Acct Period 3 /2023 Receipt Number EP002258 Payment Amount 1267.20 Record Type: 9220730214 Description: Minerals, Late Fee Rental Payor Name: Petroteq Oil Recovery Doc Date 09/06/2022 Revenue Type Payment (Billed) Start Date End Date Acct Period 3 /2023 Receipt Number EP002258 Payment Amount 1920.00 Record Type: 9220730214 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 EP002258 Payment Amount 3.00 Record Type: 9220730214 Description: Convenience Fee Payor Name: Petroteq Oil Recovery 5 Page 3 of 01/04/2025 Doc Date 06/17/2022 Revenue Type Billing Start Date 06/01/2022 End Date 05/31/2023 Acct Period 0 /0 Receipt Number Payment Amount 1267.20 Record Type: Description: Minerals, Late Fee Rental Payor Name: Doc Date 04/25/2022 Revenue Type Billing Start Date 06/01/2022 End Date 05/31/2023 Acct Period 0 /0 Receipt Number Payment Amount 1920.00 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 08/31/2021 Revenue Type Payment (Billed) Start Date 06/01/2021 End Date 05/31/2022 Acct Period 2 /2022 Receipt Number SL121904 Payment Amount 0.58 Record Type: BAL DUE=$1,266.62 Description: Minerals, Late Fee Rental Payor Name: INDAGO OIL & GAS Doc Date 08/31/2021 Revenue Type Payment (Billed) Start Date 06/01/2021 End Date 05/31/2022 Acct Period 2 /2022 Receipt Number SL121904 Payment Amount 1920.00 Record Type: Description: Minerals, Other Rental Payor Name: INDAGO OIL & GAS 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 05/04/2021 Revenue Type Billing Start Date 06/01/2021 End Date 05/31/2022 Acct Period 0 /0 Receipt Number Payment Amount 1920.00 Record Type: Minerals, Other Rental Description: Minerals, Other Rental Payor Name: Doc Date 05/29/2020 Revenue Type Fee Payment (Never billed) Start Date End Date Acct Period 11/2020 Receipt Number EP001325 Payment Amount 3.00 Record Type: 9201500002 Description: Convenience Fee Payor Name: Indago Oil and Gas Inc. 5 Page 4 of 01/04/2025 Doc Date 05/29/2020 Revenue Type Payment (Billed) Start Date End Date Acct Period 11/2020 Receipt Number EP001325 Payment Amount 1920.00 Record Type: 9201500002 Description: Minerals, Other Rental Payor Name: Indago Oil and Gas Inc. Doc Date 04/21/2020 Revenue Type Billing Start Date 06/01/2020 End Date 05/31/2021 Acct Period 0 /0 Receipt Number Payment Amount 1920.00 Record Type: Minerals, Other Rental Description: Minerals, Other Rental Payor Name: Doc Date 05/31/2019 Revenue Type Payment (Billed) Start Date 06/01/2019 End Date 05/31/2020 Acct Period 11/2019 Receipt Number SL113285 Payment Amount 1920.00 Record Type: Description: Minerals, Other Rental Payor Name: INDAGO OIL AND GAS, INC. Doc Date 04/26/2019 Revenue Type Billing Start Date 06/01/2019 End Date 05/31/2020 Acct Period 0 /0 Receipt Number Payment Amount 1920.00 Record Type: Minerals, Other Rental Description: Minerals, Other Rental Payor Name: Doc Date 05/09/2018 Revenue Type Fee Payment (Never billed) Start Date End Date Acct Period 11/2018 Receipt Number SL108687 Payment Amount 19200.00 Record Type: INDAGO OIL & GAS Description: Minerals, Minimum Royalty Payor Name: ENERGYNET Doc Date 05/09/2018 Revenue Type Fee Payment (Never billed) Start Date End Date Acct Period 11/2018 Receipt Number SL108687 Payment Amount 1920.00 Record Type: INDAGO OIL & GAS Description: Minerals, Competitive Rental Payor Name: ENERGYNET 5 Page 5 of 01/04/2025