THE

June 11, 2025

MINERAL LEASE SALE

NOTICE OF PUBLICATION

OFFICE OF MINERAL RESOURCES

ON BEHALF OF THE STATE MINERAL AND ENERGY BOARD

FOR THE STATE OF LOUISIANA

BATON ROUGE, LOUISIANA 70821

Notice is hereby given in conformity with La. R.S. 30:126 that sealed bids will be received in the Office of Mineral Resources, LaSalle Office Building, Baton Rouge, Louisiana (P. O. Box 2827, Baton Rouge, LA 70821) on or before 12:00 noon on Tuesday, June 10, 2025 for a lease to explore, drill for and produce oil, gas and any other liquid or gaseous minerals in solution and produced with oil or gas on the following described tracts (Tract Nos. 45932 through 45942, inclusive). The sealed bids shall be opened publicly on Wednesday, June 11, 2025 in the LaSalle Office Building, 617 N. 3rd Street, Capitol Complex, Baton Rouge, Louisiana.

The descriptions for the Tract(s) nominated below were, for the purpose of acquiring a mineral lease(s) or a geophysical agreement(s), provided and corrected exclusively by the nominating party. Therefore, any mineral lease(s) or geophysical agreement(s) awarded by the Louisiana State Mineral and Energy Board (Mineral Board) from the Tract(s) listed below are without warranty of any kind, either express, implied or statutory including, but not limited to, title or the implied warranties of merchantability and fitness for a particular purpose.

An error or omission in the nominating partys Tract description may require that a State mineral lease(s) or geophysical agreement(s) be modified, canceled or abrogated due to the existence of conflicting leases, operating agreements, private claims or other future obligations or conditions within the Tract(s) described. In such case, however, the Mineral Board shall not be obligated to refund any consideration paid by the Lessee prior to such modification, cancellation or abrogation including, but not limited to, bonuses, rentals and royalties.

Tract(s) available for leasing may be situated in the Louisiana Coastal Zone as defined in Act 361 of the Regular Session of the Louisiana Legislature of 1978 (promulgated as LSA-R. S. 49:213) and may be subject to the guidelines and regulations promulgated by the Office of Coastal Management of the Department of Energy and Natural Resources for operations in the Coastal Zone.

Further, in accordance with Article XII, Section 10 of the Constitution of Louisiana, and notwithstanding any language herein to the contrary, any mineral rights granted by the Mineral and Energy Board to the tract(s) advertised herein are subject to the surface usage for integrated coastal protection or hurricane and flood protection projects promulgated, funded and effected through the State of Louisiana, the Louisiana Coastal Protection and Restoration Authority, the Louisiana Office of Coastal Protection and Restoration, and the Department of Energy and Natural Resources and its divisions, whether solely or in conjunction with other state, local or federal governmental agencies or with private individuals or entities.

Bids may be for the whole or any particularly described portion of the land advertised, but no bids will be accepted that does not equal the Minimum Royalty as set forth in La. R.S. 30:127 or which are not in compliance with the provisions of Sub-part A of Chapter 2, Title 30 of the Louisiana Revised Statutes of 1950, as amended, other applicable laws or the guidelines established by the Board through the Office of Mineral Resources. The Minimum Royalty is not to be construed as an amount acceptable to the Mineral Board, it being the policy of the Mineral Board to reject any bid which does not reflect tract potential. The Board considers bonus, royalty percentage, and also compares royalty granted to landowners in the area.

Multiple portion bids on the same tract may be accepted by the Mineral Board, even though they overlap. In the case of overlapping portion bids on the same tract, each of which is otherwise acceptable to the State, the Mineral Board has the sole discretion, to determine which one of the multiple bids on the same tract is most advantageous and in the best interest of the State. The Mineral Board may base it decision on factors such as but not limited to the royalty, per acre cash payment, bonus, any additional consideration. The selected bid, (referred to as Bid A), will be given priority in having a lease issued. The Mineral Board will also indicate the acceptability of other portion bids on the same tract, if any, in the order of their acceptance (referred to respectively as Bid B, Bid C, etc.). Once the plat of Bid A s portion has been rendered as accurately as possible, Bid B will be contacted and given an option to take a lease on the remaining portion of his portion bid acreage not overlapping Bid A s bid portion, at Bid B s per acre bid price (both as to bonus and rental); and thereafter, each successive bidder whose bid is otherwise acceptable will be given the option to take a lease on whatever portion remains of his portion bid acreage at his respective per acre bid price, less and except any prior portion bid acreage on which the successful bidder has opted to take a lease.

The Mineral and Energy Board does not obligate itself to accept any bid, and that acceptance is at the sole discretion of the Mineral Board which reserves the right to reject any and all bids or to grant a lease on any portion of the tract advertised and to withdraw the remainder of the tract.

Additional requirements to be included in all sealed bids submitted to the Office of Mineral Resources and additional tract information associated with each tract advertised can be found at the Office of Mineral Resources website titled Notice of Publication located at:

http://www.dnr.louisiana.gov/index.cfm/page/1300.

It is the bidders responsibility to properly complete the bid package pursuant to the requirements stated in both the public notice and the Notice of Publication.

The rights to geothermal resources, free sulphur, potash, lignite, salt and other solid minerals are to be excluded from any oil or gas mineral lease and any bid purporting to include those rights will be disregarded as to the extent of those rights only.

If you require accommodations due to a disability in order to attend or participate in a meeting, please notify the Office of Mineral Resources at P.O. Box 2827, Baton Rouge, LA 70821-2827 or 225-342-4615 at least two (2) working days before the meeting date.

OFFSHORE TRACTS (Tract Nos. 45932 through 45933 inclusive, herein cannot specify a lease primary term exceeding five (5) years).

TRACT 45932 - Portion of Block 1, Bay Marchand Area, Lafourche Parish, Louisiana

The beds and bottoms of all water bodies belonging to the State of Louisiana located in Block 1, Bay Marchand Area, together with any present lands formed by accretion to the shoreline or islands formed therein, located in Lafourche Parish, Louisiana, owned by and not presently under mineral lease as of June 11, 2025, from the State of Louisiana, the geographical area of which is more fully described as follows: Beginning at a point being the Northeast corner of State Lease No. 1482, as amended, having Coordinates of X = 2,385,227.73 and Y = 166,060.00; thence 6,988.95 feet along the Northern boundary of said State Lease No. 1482 to a point on the Louisiana Coastline, as decreed by the Supreme Court of the United States, as determined by a Special Master appointed therein, in litigation styled United States v. State of Louisiana et al No. 9 Original, in 1975, having Coordinates of X = 2,378,238.78 and Y = 166,060.00; thence along said Louisiana Coastline the following: Northeasterly along a straight line to a point having Coordinates of X = 2,381,527 and Y = 168,671, and Northeasterly along a straight line to a point having Coordinates of X = 2,385,227.73 and Y = 171,478.77; thence South 5,418.77 feet to the point of beginning, containing approximately 439.64 acres.

TRACT 45933 - Portion of Block 26, Grand Isle Area, Lafourche Parish, Louisiana

The beds and bottoms of all water bodies belonging to the State of Louisiana located in Block 26, Grand Isle Area, together with any present lands formed by accretion to the shoreline or islands formed therein, located in Lafourche Parish, Louisiana, owned by and not presently under mineral lease as of June 11, 2025, from the State of Louisiana, the geographical area of which is more fully described as follows: Beginning at a point on the Eastern boundary of Grand Isle Area, Block 26 also being a point on the Southern boundary of State Lease No. 21881 having Coordinates of X = 2,385,227.73 and Y = 152,600.00; thence along the Southern boundary of said State Lease No. 21881 the following courses: East 2,572.27 feet to a point having Coordinates of X = 2,387,800.00 and Y = 152,600.00 and South 2,497.94 to a point on the Three Mile Line, as decreed by the Supreme Court of the United States, as determined by a Special Master appointed therein, in litigation styled United States v. State of Louisiana et al No. 9 Original, in 1975, having Coordinates of X = 2,387,800.00 and Y = 150,102.06; thence along said Three Mile Line the following: Southwesterly on an arc to the right having a radius of 18,240.60 feet and a center at X = 2,376,485 and Y = 164,409 to a point having Coordinates of X = 2,387,438 and Y = 149,823, Southwesterly along a straight line to a point having Coordinates of X = 2,385,828 and Y = 148,614, and Southwesterly on an arc to the right having a radius of 18,240.60 feet and a center at X = 2,374,875 and Y = 163,200 to a point having Coordinates of X = 2,385,227.73 and Y = 148,182.07; thence North 4,417.93 feet to the point of beginning, containing approximately 204.86 acres, LESS AND EXCEPT that portion thereof, if any, lying seaward of the line three nautical miles from the coast line of Louisiana, as said three mile line has been decreed by the Supreme Court of the United States, as determined by a Special Master appointed therein, in litigation styled United States v. State of Louisiana et al No. 9 Original, in 1975, all as more particularly outlined on a plat in the Office of Mineral Resources, Department of Energy and Natural Resources. All bearings, distances and coordinates are based on the Louisiana Coordinate System of 1927, (South Zone)

11325269 5/20/25 ($137.00)