Loan: $39,493.

71
Year Barrels GI ExpensesInterest Principal
0
1 15000 300000 75000 $17,752.00 $21,741.71
2 13000 260000 104000 $14,995.15 $24,498.56
3 10000 200000 110000 $11,888.73 $27,604.98
4 6000 120000 84000 $8,388.42 $31,105.29
5 3000 60000 51000 $4,444.27 $35,049.45
6 1000 20000 20000

$39,493.71
TI before depletion 50% TI Cost depletion Percent depletion

$207,248.00 $103,624.00 43750 45000

$141,004.85 $70,502.42 37424.24 39000
$78,111.27 $39,055.63 28000 30000
$27,611.58 $13,805.79 15600 18000
$4,555.73 $2,277.87 7800 9000
$0.00 $0.00 2600 3000
Depletion Adjusted Cost TI Taxes ATCF
140000
45000 95000 $162,248.00 55164.32 $130,341.97
39000 56000 $102,004.85 34681.65 $81,824.64
30000 26000 $48,111.27 16357.83 $34,148.45
15600 10400 $12,011.58 4083.94 ($7,577.65)
7800 2600 ($3,244.27) -1103.05 ($29,390.66)
2600 0 ($2,600.00) -884 $884.00