Exhibit B to Assignment and Bill of Sale: Lexaria Corporation Properties and Net Revenue Interests
This document lists the specific working and revenue interests of Lexaria Corporation in various oil and gas wells. It details the percentage of costs and revenues Lexaria is entitled to or responsible for in each well, including adjustments for the operator's carried interest. The agreement clarifies Lexaria's share of expenses and income for each property, ensuring transparency in financial obligations and entitlements related to these assets.
EXHIBIT B
PROPERTIES AND NET REVENUE INTERESTS
| 12-1 | |||
| WI BC | WI AC | RI | |
| Lexaria Corporation | 32.00000% | 27.20000% | 20.80282% |
| Lexaria Corporation | 10.00000% | 8.50000% | 6.50088% |
| 42.00000% | 35.70000% | 27.30369% | |
| 12-3A | |||
| WI BC | WI AC | RI | |
| Lexaria Corporation | 32.00000% | 27.20000% | 20.80282% |
| Lexaria Corporation | 10.00000% | 8.50000% | 6.50088% |
| 42.00000% | 35.70000% | 27.30369% | |
| 12-4 | |||
| WI BC | WI AC | RI | |
| Lexaria Corporation | 32.000000% | 27.200000% | 20.802815% |
| Lexaria Corporation | 10.000000% | 8.500000% | 6.500880% |
| Lexaria Non-Consent | 32.000000% | 27.200000% | 20.802815% |
| 74.000000% | 62.900000% | 48.106510% | |
| 12-5 | |||
| WI BC | WI AC | RI | |
| Lexaria Corporation | 32.00000% | 27.20000% | 20.80282% |
| Lexaria Corporation | 10.00000% | 8.50000% | 6.50088% |
| Lexaria Non-Consent | 32.00000% | 27.20000% | 20.80282% |
| 74.00000% | 62.90000% | 48.10651% | |
| 12-7 | |||
| WI BC | WI AC | RI | |
| Lexaria Corporation | 13.32258065% | 11 ###-###-####% | 8.660849% |
| 12-6 / 12-8 / 12-9 | |||
| WI BC | WI AC | RI | |
| Lexaria Corporation | 42.0% | 35.70% | 27 ###-###-####% |
WI BC represents the gross working interests. This amount includes the pro-rata portion of the operator's 15% carried interest to the tanks. This is the amount the well owner agrees to pay of all drilling, completion, and infrastructure costs "to the tank".
WI AC represents the working interest after deducting for the pro-rata portion of the Operator's carried interest. (ie, 42% - (.42x.15=.063) = 35.7%
RI represents the revenue interest received for each specified well.
Exhibit B to Assignment and Bill of Sale
| 12-1 | |||
| WI BC | WI AC | RI | |
| Lexaria Corporation | 32.00000% | 27.20000% | 20.80282% |
| Lexaria Corporation | 10.00000% | 8.50000% | 6.50088% |
| 42.00000% | 35.70000% | 27.30369% | |
| 12-3A | |||
| WI BC | WI AC | RI | |
| Lexaria Corporation | 32.00000% | 27.20000% | 20.80282% |
| Lexaria Corporation | 10.00000% | 8.50000% | 6.50088% |
| 42.00000% | 35.70000% | 27.30369% | |
| 12-4 | |||
| WI BC | WI AC | RI | |
| Lexaria Corporation | 32.000000% | 27.200000% | 20.802815% |
| Lexaria Corporation | 10.000000% | 8.500000% | 6.500880% |
| Lexaria Non-Consent | 32.000000% | 27.200000% | 20.802815% |
| 74.000000% | 62.900000% | 48.106510% | |
| 12-5 | |||
| WI BC | WI AC | RI | |
| Lexaria Corporation | 32.00000% | 27.20000% | 20.80282% |
| Lexaria Corporation | 10.00000% | 8.50000% | 6.50088% |
| Lexaria Non-Consent | 32.00000% | 27.20000% | 20.80282% |
| 74.00000% | 62.90000% | 48.10651% | |
| 12-7 | |||
| WI BC | WI AC | RI | |
| Lexaria Corporation | 13.32258065% | 11 ###-###-####% | 8.660849% |
| 12-6 / 12-8 / 12-9 | |||
| WI BC | WI AC | RI | |
| Lexaria Corporation | 42.0% | 35.70% | 27 ###-###-####% |
WI BC represents the gross working interests. This amount includes the pro-rata portion of the operator's 15% carried interest to the tanks. This is the amount the well owner agrees to pay of all drilling, completion, and infrastructure costs "to the tank".
WI AC represents the working interest after deducting for the pro-rata portion of the Operator's carried interest. (ie, 42% - (.42x.15=.063) = 35.7%
RI represents the revenue interest received for each specified well.
