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R E V E N U E  S U M M A R Y S T A T E M E N T
                           
  To: JOHN DOE From: HANNA OIL AND GAS COMPANY  
  479-782-8808  
  1234 ANY STREET PO BOX 1356  
  FORT SMITH,AR 72901 FORT SMITH AR 72902-1356  
                           
-------------------------------------------------Revenue from Prior Statements-------------------------------------------------------------------------------
Well Name Prod Prod Unit Int. Decimal Gross Vol. Gross Val. ----State Taxes --- GrsOthDeds BTU Factor Netted & Balance
Code Code Mth. Price Type Interest Net Vol. Net Value Description    Amount NetOthDeds NetRevenue Check-Pymt Owed You
-------------------------------------------------------------------------------------------------------------------------------------------------------------
LYDA B #4         SEBASTIAN County AR              
               
AR0061
G
 1105 $9.18
RI
 0.0003906 1,057.00 $9,699.47 CON TAX $9.51      
      0.41 $3.79 (Net) $0.01      
        SEV TAX $3.17 $0.00 $0.00  
        (Net) $0.00 $0.00 $3.78 $0.00 $3.78
AR0061
G
0806
 $6.41
WI
 0.0088867 2,308.00 $14,786.88 CON TAX $20.77      
      20.51 $131.40 (Net) $0.18      
        SEV TAX $6.92 $104.88 $0.00  
        (Net) $0.06 $0.93 $130.23 $0.00 $130.23
      ----------------------------------------------------------------------------------------
LYDA B #4     Totals:8/8 3,365.00 $24,486.35 CON TAX $30.28      
      NET 20.92 $135.19 (Net) $0.19      
        SEV TAX $10.09 $104.88 $0.00  
        (Net) $0.06 $0.93 $134.01 $0.00 $134.01
      ----------------------------------------------------------------------------------------
               
               
               
WHOLE HOG #1       HASKELL County OK              
               
OK917
G
 1006 $3.63
RI
 0.0014650 219.00 $795.44 OK GROSS PR $56.15      
      0.32 $1.16 (Net) $0.08      
        MRG VOL TAX $0.02      
        (Net) $0.00      
        REVFND TAX $0.79      
        (Net) $0.00      
        OK Income $39.57 $56.78 $0.00  
        (Net) $0.06 $0.08 $0.94 $0.00 $0.94
               
               
                           

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Owner name and address
Hanna Oil and Gas contact information
Well Name:
The name of the well
Code:
Well code or property number
Property Code
G - Natural Gas
O - Oil
Production Month:
The month in which the gas or oil was sold.
Unit Price:
Price per MCF (Million Cubic Feet) for natural gas or price per barrel for oil.
Interest Type:
The type of interest you own in the well.
WI - Working Interst
RI - Royalty Interest
ORRI - Overriding Royalty Interest
ERI - Excess Royalty Interest
Decimal Interest:
This is your portion of the well. This decimal will not necessarily match the decimal on your division order.
Gross Volume:
The total production of a particular sale.
Gross Value:
The total dollar amount of a particular sale. This amount is equal to the gross volume times the unit price.
State Taxes:
Different States require different types of taxes. Taxes are applied based on where the well is located.
Gross amount of other deductions:
The total amount charged to transport or sell the product. May include:
Compression Charges
Pipeline Charges
Gathering Fees
Transportation Fees
Netted:
This is an amount that was withheld from your revenue and applied toward your joint interest billings.
Balance Owed to You:
Dollar amount owed to you
Net Volume:
Your portion of the production of a particular sale. This number is equivalent to the gross volume times your decimal interest.
Net Value:
Your portion of the sales. This is equal to the gross value times your decimal interest.
Decription:
The name of the tax.
Amount:
Dollar amount of the tax.
Net amount of other deductions:
Your portion of the amount charged to transport or sell the product. May include:
Compression Charges
Pipeline Charges
Gathering Fees
Transportation Fees
Net Revenue:
Total amount due to you. This amount is equal to Net Value. minus all net taxes minus Net Other Deductions.
Check-Payment:
If a partcial payment has previously been made, that amount will show up here and be subtracted from your net.
Name of the well
Name of the county where the well is located.
The state in which the well is located.
Well code or property number
Production Code
G - Natural Gas
O - Oil
Production Month: 
The month the product was sold. The first two numbers represent the month and the last two numbers represent the year. For example 1105 would mean the product was sold in November of 2005.
Unit Price:
Price per MCF (Million Cubic Feet) for natural gas or price per barrel for oil.
Interest Type:
The type of interest you own in the well.
WI - Working Interest
RI - Royalty Interest
ORRI - Overriding Royalty Interest
ERI - Excess Royalty Interest
Decimal Interest:
Your portion of a particular sale.
Gross Volume:
The total production of a particular sale.
Gross Value:
The total dollar amount of a particular sale. This amount is equal to the gross volume times the unit price.
CON TAX:
Conservation tax - a production tax required by the state of Arkansas.
The total dollar amount of conservation tax for this particular sale.
Net Volume:
Your portion of the production of a particular sale. This number is equivalent to the gross volume times your decimal interest.
Net Value:
Your portion of the sales. This is equal to the gross value times your decimal interest.
(Net):
Your portion of the conservation tax.
Your portion of the conservation tax for this sale.
SEV TAX:
Severance tax - a production tax required by the state of Arkansas.
The total dollar amount of the severance tax for this particular sale.
Gross amount of other deductions:
The total amount charged to transport or sell the product. May include:
Compression Charges
Pipeline Charges
Gathering Fees
Transportation Fees
This is an amount that was withheld from your revenue and applied toward your joint interest billings.
(Net):
Your portion of the severance tax.
Your portion of the severance tax for this sale.
Gross amount of other deductions:
The total amount charged to transport or sell the product. May include:
Compression Charges
Pipeline Charges
Gathering Fees
Transportation Fees
Net Revenue:
Total amount due to you. This amount is equal to Net Value. minus all net taxes minus Net Other Deductions.
Check-Payment:
If a partcial payment has previously been made, that amount will show up here and be subtracted from your net.
Total amount owed to you.
This amount is equal to Net Revenue minus any netted or check payment amounts. 
Well code or property number
Production Code
G - Natural Gas
O - Oil
Production Month: 
The month the product was sold. The first two numbers represent the month and the last two numbers represent the year. For example 0806 would mean the product was sold in August of 2006.
Unit Price:
Price per MCF (Million Cubic Feet) for natural gas or price per barrel for oil.
Interest Type:
The type of interest you own in the well.
WI - Working Interest
RI - Royalty Interest
ORRI - Overriding Royalty Interest
ERI - Excess Royalty Interest
Decimal Interest:
Your portion of a particular sale.
Gross Volume:
The total production of a particular sale.
Gross Value:
The total dollar amount of a particular sale. This amount is equal to the gross volume times the unit price.
CON TAX:
Conservation tax - a production tax required by the state of Arkansas.
The total dollar amount of the conservation tax for this particular sale.
Net Volume:
Your portion of the production of a particular sale. This number is equivalent to the gross volume times your decimal interest.
Net Value:
Your portion of the sales. This is equal to the gross value times your decimal interest.
(Net):
Your portion of the conservation tax.
Your portion of the conservation tax for this sale.
SEV TAX:
Severance tax - a production tax required by the state of Arkansas.
The total dollar amount of the severance tax for this particular sale.
Gross amount of other deductions:
The total amount charged to transport or sell the product. May include:
Compression Charges
Pipeline Charges
Gathering Fees
Transportation Fees
This is an amount that was withheld from your revenue and applied toward your joint interest billings.
(Net):
Your portion of the severance tax.
Your portion of the severance tax for this sale.
Gross amount of other deductions:
The total amount charged to transport or sell the product. May include:
Compression Charges
Pipeline Charges
Gathering Fees
Transportation Fees
Net Revenue:
Total amount due to you. This amount is equal to Net Value. minus all net taxes minus Net Other Deductions.
Check-Payment:
If a partcial payment has previously been made, that amount will show up here and be subtracted from your net.
Total amount owed to you.
This amount is equal to Net Revenue minus any netted or check payment amounts.
Name of the well
Total gross production for this well being reported on this statement.
Total gross value for this well being reported on this statement.
CON TAX:
Conservation tax - a production tax required by the state of Arkansas.
Total gross conservation tax for this well being reported on this statement.
Total net production for this well being reported on this statement.
Total net value for this well being reported on this statement.
(Net):
Your portion of the conservation tax.
Total net conservation tax for this well being reported on this statement.
SEV TAX:
Severance tax - a production tax required by the state of Arkansas.
Total gross severance tax for this well being reported on this statement.
Total gross other deductions for this well being reported on this statement.
Total netted amount for this well being reported on this statement.
(Net):
Your portion of the severance tax.
Total net severance tax for this well being reported on this statement.
Total net other deductions for this well being reported on this statement.
Total net revenue for this well being reported on this statement.
Total check payment for this well being reported on this statement.
Total amount owned to you for this well being reported on this statement.
Name of the well
Name of the county where the well is located.
The state in which the well is located.
Well code or property number
Production Code
G - Natural Gas
O - Oil
Production Month: 
The month the product was sold. The first two numbers represent the month and the last two numbers represent the year. For example 1105 would mean the product was sold in November of 2005.
Unit Price:
Price per MCF (Million Cubic Feet) for natural gas or price per barrel for oil.
Interest Type:
The type of interest you own in the well.
WI - Working Interst
RI - Royalty Interest
ORRI - Overriding Royalty Interest
ERI - Excess Royalty Interest
Decimal Interest:
Your portion of a particular sale.
Gross Volume:
The total production of a particular sale.
Gross Value:
The total dollar amount of a particular sale. This amount is equal to the gross volume times the unit price.
OK GROSS PR:
Oklahoma Gross Production Tax - a production tax required by the state of Oklahoma.
Net Volume:
Your portion of the production of a particular sale. This number is equivalent to the gross volume times your decimal interest.
Net Value:
Your portion of the sales. This is equal to the gross value times your decimal interest.
(Net):
Your portion of the Oklahoma Gross Production tax.
MRG VOL TAX:
Oklahoma Gross Production Tax - a production tax required by the state of Oklahoma.
(Net):
Your portion of the conservation tax.
(Net):
Your portion of the conservation tax.
Oklahoma Income Tax:
Oklahoma Tax based on the production of the well.
Gross amount of other deductions:
The total amount charged to transport or sell the product. May include:
Compression Charges
Pipeline Charges
Gathering Fees
Transportation Fees
This is an amount that was withheld from your revenue and applied toward your joint interest billings.
(Net):
Your portion of the Oklahoma Income tax.
Gross amount of other deductions:
The total amount charged to transport or sell the product. May include:
Compression Charges
Pipeline Charges
Gathering Fees
Transportation Fees
Net Revenue:
Total amount due to you. This amount is equal to Net Value. minus all net taxes minus Net Other Deductions.
Check-Payment:
If a partcial payment has previously been made, that amount will show up here and be subtracted from your net.
Total amount owed to you.
This amount is equal to Net Revenue minus any netted or check payment amounts. 
The total dollar amount of Oklahoma Gross Production tax for this particular sale.
Your portion of the Oklahoma Gross Production tax for this sale.
The total dollar amount of Marginal Volume tax for this particular sale.
Your portion of the Marginal Volume tax for this sale.
The total dollar amount of Revolving Fund tax for this particular sale.
Your portion of the Revolving Fund tax for this sale.
The total dollar amount of Oklahoma Income tax for this particular sale.
Your portion of the Oklahoma Income tax for this sale.