Purchase and Sale Agreement dated November 26, 2014
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.
