Montego Capital Fund 3 Ltd

100

Total Interests

$20,220

Appraised Value

Operators

Leases

Interest Type Breakdown

Working Interests 0

Royalty Interests 74

Cumulative Production (Associated Leases)

Natural Gas: 246.14 MMCF

Oil: 1.39 MMBBL

Operators

Miken Oil, Inc. Basa Resources Tngr East Texas Llc Verado Energy Faulconer Energy Llc Amplify Energy Operating Llc Diversified Production Llc Sabine Oil & Gas Tgnr Gulf Coast Llc Highmark Energy Operating, Llc H & T Exploration, Inc Merit Energy Corporation Sheridan Production Co Iii, Llc Buffco Production Inc. Tgnr East Texas Ii Llc Sydri Operating, Llc Chisos Operating

Mineral Interests Detail

Lease Name	Operator	Type	Interest	Value
Bean Carlos RRC: 08351	Miken Oil, Inc.	RI	0.1736%	$630
Bean Mary B RRC: 06067	Basa Resources	RI	0.0434%	$1,630
Buford Blow 2 Maj Kennedy Est RRC: 284781	Tngr East Texas Llc	RI	0.0422%	$520
Buford Blow 2 Maj Kennedy Est RRC: 284781	Tngr East Texas Llc	RI	0.0042%	$50
Buford Blow 3a (1hh) RRC: 284975	Tngr East Texas Llc	RI	0.0031%	$0
Buford Blow 3a (1hh) RRC: 284975	Tngr East Texas Llc	RI	0.0028%	$0
Buford Blow 3b (2hh) RRC: 285069	Tngr East Texas Llc	RI	0.0011%	$0
Buford Blow 3b (2hh) RRC: 285069	Tngr East Texas Llc	RI	0.0039%	$20
Buford & Blow Gu 1 (5-8) RRC: 131085	Tngr East Texas Llc	RI	0.0273%	$10
Buford Blow Gu 2-4a (1hh) RRC: 285093	Tngr East Texas Llc	RI	0.0016%	$10
Buford Blow Gu 2-4b (2hh) RRC: 285422	Tngr East Texas Llc	RI	0.0055%	$60
Buford & Blow Gu 3 (14) RRC: 235744	Tngr East Texas Llc	RI	0.0043%	$0
Cherokee Lake Unit 1 (3) RRC: 191617	Verado Energy	RI	0.0213%	$20
Cherokee Lake Unit 1 (4) RRC: 199952	Verado Energy	RI	0.0213%	$40
Childress Gu 5a RRC: 163092	Faulconer Energy Llc	RI	0.0208%	$10
Childress Gu 6a RRC: 163132	Faulconer Energy Llc	RI	0.0208%	$10
Childress Gu 8a RRC: 164503	Faulconer Energy Llc	RI	0.0208%	$10
Dean A E Gu 1 (7h) RRC: 274269	Amplify Energy Operating Llc	RI	0.0635%	$1,160
Dean A E Gu 1 (8h) RRC: 276197	Amplify Energy Operating Llc	RI	0.0635%	$540
Ellis Estate Gu (2) RRC: 107431	Diversified Production Llc	RI	0.0578%	$10
Ellis Estate Gu (4) RRC: 129896	Diversified Production Llc	RI	0.0578%	$10
Ellis Estate Gu (5) RRC: 132428	Diversified Production Llc	RI	0.0578%	$10
Ellis Estate Gu (7) RRC: 170601	Diversified Production Llc	RI	0.0578%	$10
Fischer-Lake (1h) RRC: 267838	Sabine Oil & Gas	RI	0.0658%	$520
Fischer-Mathis Gu (2h) RRC: 265962	Sabine Oil & Gas	RI	0.0773%	$420
Garner Gu (2h) RRC: 271936	Tngr East Texas Llc	RI	0.1504%	$170
Garner Gu (3h) RRC: 273032	Tngr East Texas Llc	RI	0.1504%	$930
Garnett Gu O/A (2) RRC: 144707	Tgnr Gulf Coast Llc	RI	0.0843%	$10
Garnett Gu O/A (4) RRC: 168515	Tgnr Gulf Coast Llc	RI	0.0843%	$10
Garnett Gu O/A (5) RRC: 186233	Tgnr Gulf Coast Llc	RI	0.0843%	$20
Garnett Gu O/A (6) RRC: 211087	Tgnr Gulf Coast Llc	RI	0.0843%	$10
Garrett Buford Blow 3 (1hh) RRC: 285045	Tngr East Texas Llc	RI	0.0058%	$0
Garrett Buford Blow 3 (1hh) RRC: 285045	Tngr East Texas Llc	RI	0.0014%	$0
Garrett Buford Blow 3a (2hh) RRC: 284906	Tngr East Texas Llc	RI	0.0049%	$0
Garrett Buford Blow 3a (2hh) RRC: 284906	Tngr East Texas Llc	RI	0.0017%	$0
Garrett Buford Blow 3b (3hh) RRC: 284926	Tngr East Texas Llc	RI	0.0040%	$0
Garrett Buford Blow 3b (3hh) RRC: 284926	Tngr East Texas Llc	RI	0.0015%	$0
Henderson -E- Gu (1-6) RRC: 097652	Faulconer Energy Llc	RI	0.0562%	$20
Henderson -E- Gu (7) RRC: 176777	Faulconer Energy Llc	RI	0.0562%	$10
Howard A-Ellis Est (Alloc) 1h RRC: 284782	Diversified Production Llc	RI	0.0372%	$680
Howard -A- Gu (2-8) RRC: 107767	Diversified Production Llc	RI	0.0067%	$10
Hutchings J Gu (12) RRC: 232070	Highmark Energy Operating, Llc	RI	0.0039%	$10
Hutchings J Gu (14) RRC: 243956	Highmark Energy Operating, Llc	RI	0.0039%	$10
Hutchings J Gu (2-8) RRC: 174324	Highmark Energy Operating, Llc	RI	0.0039%	$10
Jameson Charles R Gu (1) RRC: 122227	H & T Exploration, Inc	RI	0.0817%	$10
Kangerga Michael -D- Gu (1) RRC: 115038	Merit Energy Corporation	RI	0.0967%	$410
Kennedy Maj Est Buford Blow 3 RRC: 284170	Tngr East Texas Llc	RI	0.0449%	$80
Kennedy Major Est Gu (10) RRC: 182985	Tngr East Texas Llc	RI	0.0642%	$40
Kennedy Major Est Gu (11) RRC: 182983	Tngr East Texas Llc	RI	0.0642%	$10
Kennedy Major Est Gu (13) RRC: 236840	Tngr East Texas Llc	RI	0.0642%	$10
Kennedy Major Est Gu (14) RRC: 234834	Tngr East Texas Llc	RI	0.0642%	$20
Kennedy Major Est Gu (15) RRC: 229688	Tngr East Texas Llc	RI	0.0642%	$10
Kennedy Major Est Gu (18) RRC: 244780	Tngr East Texas Llc	RI	0.0642%	$10
Kennedy Major Est Gu (19) RRC: 247195	Tngr East Texas Llc	RI	0.0642%	$10
Kennedy Major Est Gu (2) RRC: 087880	Tngr East Texas Llc	RI	0.0642%	$30
Kennedy Major Est Gu (26) RRC: 247085	Tngr East Texas Llc	RI	0.0642%	$10
Kennedy Major Est Gu (27) RRC: 238678	Tngr East Texas Llc	RI	0.0642%	$10
Kennedy Major Est Gu (3) RRC: 090288	Tngr East Texas Llc	RI	0.0642%	$10
Kennedy Major Est Gu (31hh) RRC: 283741	Tngr East Texas Llc	RI	0.0539%	$260
Kennedy Major Est Gu (5) RRC: 140295	Tngr East Texas Llc	RI	0.0642%	$30
Kennedy Major Est Gu (9) RRC: 182984	Tngr East Texas Llc	RI	0.0642%	$20
Kruse Gu (3) RRC: 292426	Sheridan Production Co Iii, Llc	RI	0.2787%	$390
Laird -C- (9h) RRC: 283139	Diversified Production Llc	RI	0.1477%	$1,770
Laird -C- Gu (1-6,8) RRC: 106957	Diversified Production Llc	RI	0.1477%	$60
Lambert Gu (1) RRC: 122680	Tgnr Gulf Coast Llc	RI	0.2042%	$10
Lee W C (1) RRC: 15705	Buffco Production Inc.	RI	0.0061%	$20
Mcrae Gu (2l/2u) RRC: 221565	Tgnr East Texas Ii Llc	RI	0.2866%	$70
Mcrae Gu (4) RRC: 246983	Tgnr East Texas Ii Llc	RI	0.2866%	$160
Moran George D Gu (1) RRC: 121976	H & T Exploration, Inc	RI	0.0817%	$10
Oak Hill Gu 1 (1) RRC: 238071	Sydri Operating, Llc	RI	0.0817%	$20
Oak Hill Gu 1 (4) RRC: 238077	Sydri Operating, Llc	RI	0.0817%	$10
Oak Hill Gu 1 (6) RRC: 239529	Sydri Operating, Llc	RI	0.0817%	$20
Oh18 Bbmke (1hh) RRC: 285267	Tngr East Texas Llc	RI	0.0105%	$50
Oh18 Bbmke (1hh) RRC: 285267	Tngr East Texas Llc	RI	0.0081%	$40
Pepper E H Gu (10) RRC: 188362	Tgnr East Texas Ii Llc	RI	0.0330%	$10
Pepper E H Gu (12) RRC: 191638	Tgnr East Texas Ii Llc	RI	0.0330%	$10
Pepper E H Gu (13) RRC: 221199	Tgnr East Texas Ii Llc	RI	0.0330%	$10
Pepper E H Gu (14) RRC: 275396	Tgnr East Texas Ii Llc	RI	0.0330%	$10
Pepper E H Gu (2-5) RRC: 077539	Chisos Operating	RI	0.0330%	$20
Pepper E H Gu (6) RRC: 163153	Tgnr East Texas Ii Llc	RI	0.0330%	$10
Pepper E H Gu (7) RRC: 177163	Tgnr East Texas Ii Llc	RI	0.0330%	$10
Pool W B Gu (7h) RRC: 285269	Tngr East Texas Llc	RI	0.0116%	$80
Price M A RRC: 07349	Basa Resources	RI	0.5208%	$660
Redwine (2) RRC: 197230	Sabine Oil & Gas	RI	0.1556%	$30
Redwine (4h) RRC: 265880	Sabine Oil & Gas	RI	0.1556%	$3,190
Roman Gu (9h) RRC: 274162	Tngr East Texas Llc	RI	0.0069%	$20
Strong W C Gu 1 (1) RRC: 081719	Tgnr East Texas Ii Llc	RI	0.2022%	$10
Strong W C Gu 1 (3) RRC: 154669	Tgnr East Texas Ii Llc	RI	0.2022%	$20
Strong W C Gu 1 (4) RRC: 224203	Tgnr East Texas Ii Llc	RI	0.2022%	$250
Strong W C Gu 1 (5) RRC: 235645	Tgnr East Texas Ii Llc	RI	0.2022%	$50
Strong W C Gu 1 (7h) RRC: 276749	Tgnr East Texas Ii Llc	RI	0.2022%	$1,340
Texas Utilities Gu (31h) RRC: 271989	Tngr East Texas Llc	RI	0.3132%	$2,100
Todd Bessie Estate Gu (2) RRC: 127811	Tngr East Texas Llc	RI	0.4319%	$70
Todd Bessie Estate Gu (31h) RRC: 267769	Tngr East Texas Llc	RI	0.4319%	$740
Wilkerson Gu 1 (03) RRC: 196919	Sabine Oil & Gas	RI	0.0376%	$30
Wilkerson Gu 1 (05) RRC: 244519	Sabine Oil & Gas	RI	0.0376%	$20
Wilkerson Gu 1 (06) RRC: 232985	Sabine Oil & Gas	RI	0.0376%	$10
Wilkerson Gu 1 (10) RRC: 240768	Sabine Oil & Gas	RI	0.0376%	$50
Wilkerson Gu 1 (11) RRC: 244520	Sabine Oil & Gas	RI	0.0376%	$10
Williams Glen Est Gu (31h) RRC: 268105	Tngr East Texas Llc	RI	0.0261%	$250

Frequently Asked Questions

What mineral rights does Montego Capital Fund 3 Ltd own in Rusk County?

Montego Capital Fund 3 Ltd owns 100 mineral interest(s) in Rusk County, Texas, with a combined appraised value of $20,220. These interests include 0 working interest(s) and 74 royalty interest(s) across 93 lease(s).

How can I sell my Rusk County mineral rights?

Buckhead Energy purchases mineral rights directly from owners in Rusk County and throughout the East Texas Oil Field. We offer fair, competitive prices with no broker fees or commissions. Contact us for a free, no-obligation evaluation of your mineral rights.

Where is Rusk County, Texas?

Rusk County is in East Texas, with Henderson as its county seat and part of Kilgore — the "World's Richest Acre" — within its borders. It sits atop the East Texas Oil Field, one of the largest oil fields ever discovered in the lower 48, found in 1930 and producing from the Woodbine sand for over 90 years.

How much are Rusk County mineral rights worth?

Mineral rights values in Rusk County vary based on factors including current production, lease terms, operator activity, and commodity prices. The East Texas Oil Field is a mature, long-lived field, so valuations typically reflect slow-decline legacy production. Contact Buckhead Energy for a free, no-obligation evaluation of your specific mineral interests.

What is the difference between working interest and royalty interest?

A royalty interest (RI) entitles the owner to a share of production revenue without paying for drilling or operating costs. A working interest (WI) participates in both the revenue and the costs of drilling and operating wells. Most mineral owners in Rusk County hold royalty interests.

About Rusk County & The East Texas Oil Field

Rusk County is in East Texas, with Henderson as its county seat and part of Kilgore within its borders. It sits atop the East Texas Oil Field — one of the largest oil fields ever discovered in the lower 48 (1930), producing from the Woodbine sand.

The East Texas Oil Field has produced oil for over 90 years since its 1930 discovery. Production is mature and long-lived, with many wells declining slowly and continuing to pay royalties for decades.

Many mineral owners in Rusk County have received royalty payments for decades. As wells mature and production declines, some owners choose to sell their mineral rights to convert future uncertain income into immediate cash. Buckhead Energy purchases mineral rights across the East Texas Oil Field and broader East Texas Basin.