ACCREDITED INVESTORS ONLY | This is neither an offer to sell nor a solicitation on an offer to buy securities described herein. An offering is made only by the Confidential Private Placement Memorandum (PPM). This sale and advertising literature must be read in conjunction with the PPM in order to understand fully all of the implications and risks of the offering to which it relates. A copy of the PPM must be made available to you in connection with this offering. Prospective Members should carefully read the PPM and review any additional information they desire prior to making an investment and should be able to bear the complete loss of their investment.What We Do Buy developed real estate that is leased to the richest tenants in the world We own minerals rights. Mineral rights are real property! Ground or below the ground. By definition and by IRS Code. NO property taxes. Lease just like you lease land or properties above ground.

What We DoThere are two parties involved in oil & gas production.Landowners give permission to Oil Co’s to develop acreage in exchange for lease bonuses and royalty payments from wells.Landowners pay none of the expenses associated with drilling or operating wells.Landowners(Mineral Interest Owners)A Mineral Rights becomes Royalty Income once Oil Company drills a well and begins producing oil or natural gas.Oil Co’s(Working Interest Owners)BROKER - DEALER USE ONLY | This information is provided for educational purposes only and does not discuss the risks associated with mineral/royalty interest investments. This is neither an offer to sell nor a solicitation on an offer to buy securities described herein. An offering is made only by Confidential Private Placement Memorandum (PPM).

ACCREDITED INVESTORS ONLY | This is neither an offer to sell nor a solicitation on an offer to buy securities described herein. An offering is made only by the Confidential Private Placement Memorandum (PPM). This sale and advertising literature must be read in conjunction with the PPM in order to understand fully all of the implications and risks of the offering to which it relates. A copy of the PPM must be made available to you in connection with this offering. Prospective Members should carefully read the PPM and review any additional information they desire prior to making an investment and should be able to bear the complete loss of their investment.What We Do Collect Rent Money That’s Called “Royalties” No expense No liability. We Don’t drill for oil. We buy real estate.

ACCREDITED INVESTORS ONLY | This is neither an offer to sell nor a solicitation on an offer to buy securities described herein. An offering is made only by the Confidential Private Placement Memorandum (PPM). This sale and advertising literature must be read in conjunction with the PPM in order to understand fully all of the implications and risks of the offering to which it relates. A copy of the PPM must be made available to you in connection with this offering. Prospective Members should carefully read the PPM and review any additional information they desire prior to making an investment and should be able to bear the complete loss of their investment.What We Do: How We Buy and from Whom From farmers, families, institutions… A portion = our share. Farmer White owns 640 acres of producing properties and sells us just 20 acres. We get our pro-rata share of royalties.

CashBondsStocksOptionsRoyaltiesBuying Existing ProductionDevelopmental DrillingExploratory DrillingRisk Of InvestmentThese presentation materials do not constitute a prospectus or admission document, and neither these presentation materials or any other information, written or oral, supplied in connection with them, constitute or form part of any offer or invitation to sell or transfer, or to underwrite, subscribe for or acquire, any shares or other securities of the Company, and do not constitute or form any part of any solicitation of any such offer or invitation, nor shall they or any part of them or the fact of their distribution form the basis of or be relied upon in connection with any contract in relation thereto. For accredited investors only.HighLowTraditional InvestmentsAlternative Oil & GasLegacy’s View of Alternative Investments

ACCREDITED INVESTORS ONLY | This is neither an offer to sell nor a solicitation on an offer to buy securities described herein. An offering is made only by the Confidential Private Placement Memorandum (PPM). This sale and advertising literature must be read in conjunction with the PPM in order to understand fully all of the implications and risks of the offering to which it relates. A copy of the PPM must be made available to you in connection with this offering. Prospective Members should carefully read the PPM and review any additional information they desire prior to making an investment and should be able to bear the complete loss of their investment.Why We Invest: The “Shale ” Revolution Technology has created a new “Boom.’’ Predictability. Higher ROI Miles-long shale rock reserves were inaccessible until George Mitchell. In the old days (5 years ago) drilling was needle-in-the-haystack. Hit-or-miss. Great tax write-off. In 2013 oil companies can develop shale by drilling “across.” Invested billions and billions in shale. Oil companies follow the shale. We follow the oil companies.

Shale.BROKER - DEALER USE ONLY | This information is provided for educational purposes only and does not discuss the risks associated with mineral/royalty interest investments. This is neither an offer to sell nor a solicitation on an offer to buy securities described herein. An offering is made only by Confidential Private Placement Memorandum (PPM).

The Shale Revolution.Schematic Geology of Natural Gas ResourcesWhy are oil companies focusing on shale plays?BROKER - DEALER USE ONLY | This information is provided for educational purposes only and does not discuss the risks associated with mineral/royalty interest investments. This is neither an offer to sell nor a solicitation on an offer to buy securities described herein. An offering is made only by Confidential Private Placement Memorandum (PPM).

ACCREDITED INVESTORS ONLY | This is neither an offer to sell nor a solicitation on an offer to buy securities described herein. An offering is made only by the Confidential Private Placement Memorandum (PPM). This sale and advertising literature must be read in conjunction with the PPM in order to understand fully all of the implications and risks of the offering to which it relates. A copy of the PPM must be made available to you in connection with this offering. Prospective Members should carefully read the PPM and review any additional information they desire prior to making an investment and should be able to bear the complete loss of their investment.5 Steps: How We Buy 1: Target Areas Areas: Oil companies. They have drilled, are drilling, plan to drill more No liability. No expenses. No tax “write-offs.” We Don’t drill. We buy real estate: Mineral Rights Massive reserves, aggressive development on our properties, big oil companies.

ACCREDITED INVESTORS ONLY | This is neither an offer to sell nor a solicitation on an offer to buy securities described herein. An offering is made only by the Confidential Private Placement Memorandum (PPM). This sale and advertising literature must be read in conjunction with the PPM in order to understand fully all of the implications and risks of the offering to which it relates. A copy of the PPM must be made available to you in connection with this offering. Prospective Members should carefully read the PPM and review any additional information they desire prior to making an investment and should be able to bear the complete loss of their investment.5 Steps: How We Buy 2: Oil Companies Large, publicly-traded Defined, disclosed drilling strategy Predictable path: shale Current wells + currently drilling wells + planned future wells. Massive reserves and aggressive development

ACCREDITED INVESTORS ONLY | This is neither an offer to sell nor a solicitation on an offer to buy securities described herein. An offering is made only by the Confidential Private Placement Memorandum (PPM). This sale and advertising literature must be read in conjunction with the PPM in order to understand fully all of the implications and risks of the offering to which it relates. A copy of the PPM must be made available to you in connection with this offering. Prospective Members should carefully read the PPM and review any additional information they desire prior to making an investment and should be able to bear the complete loss of their investment.5 Steps: How We Buy 3: Unitization and Pooling Separates “drilling deal” from predictable shale. Every owner in section paid pro-rata share. Wells need NOT be on his property. Ensure that one neighbor does not collect all oil; Increases efficiency We get paid: current and future wells in area. Need not be on the exact spot

“Unitization” Eliminates the Need to Have the Well On Your Property

ACCREDITED INVESTORS ONLY | This is neither an offer to sell nor a solicitation on an offer to buy securities described herein. An offering is made only by the Confidential Private Placement Memorandum (PPM). This sale and advertising literature must be read in conjunction with the PPM in order to understand fully all of the implications and risks of the offering to which it relates. A copy of the PPM must be made available to you in connection with this offering. Prospective Members should carefully read the PPM and review any additional information they desire prior to making an investment and should be able to bear the complete loss of their investment.5 Steps: How We Buy 4. Exceptional Diversification Multiple shale plays, multiple states. 20-30 different properties Various formations and exposure Additional diversification = sophisticated analysis: Their balance sheets Their commodity exposure Their varying specialties, approaches and expertise

Diversification & The Path of Development

ACCREDITED INVESTORS ONLY | This is neither an offer to sell nor a solicitation on an offer to buy securities described herein. An offering is made only by the Confidential Private Placement Memorandum (PPM). This sale and advertising literature must be read in conjunction with the PPM in order to understand fully all of the implications and risks of the offering to which it relates. A copy of the PPM must be made available to you in connection with this offering. Prospective Members should carefully read the PPM and review any additional information they desire prior to making an investment and should be able to bear the complete loss of their investment.5 Steps: How We Buy Consistent, Conservative Portfolio Management Maximize income with minimum risks. Constantly reevaluate property values. Actively track potential buyers and sellers. Cultivate relationships that promote opportunities.

Previous Acquisitions

Previous Acquisitions

Previous Acquisitions

Previous Acquisitions

ACCREDITED INVESTORS ONLY | This is neither an offer to sell nor a solicitation on an offer to buy securities described herein. An offering is made only by the Confidential Private Placement Memorandum (PPM). This sale and advertising literature must be read in conjunction with the PPM in order to understand fully all of the implications and risks of the offering to which it relates. A copy of the PPM must be made available to you in connection with this offering. Prospective Members should carefully read the PPM and review any additional information they desire prior to making an investment and should be able to bear the complete loss of their investment.The Offering Form an LLC for ourselves and our partners Buy properties. Manage the portfolio: Maximize predictability, cash flow , appreciation when selling, reinvest . Use outside accounting. Pay our quarterly cash.

ACCREDITED INVESTORS ONLY | This is neither an offer to sell nor a solicitation on an offer to buy securities described herein. An offering is made only by the Confidential Private Placement Memorandum (PPM). This sale and advertising literature must be read in conjunction with the PPM in order to understand fully all of the implications and risks of the offering to which it relates. A copy of the PPM must be made available to you in connection with this offering. Prospective Members should carefully read the PPM and review any additional information they desire prior to making an investment and should be able to bear the complete loss of their investment.The Offering Risks: The energy markets: If you feel oil and gas is not vital, will not be in demand, this is not for you. The management: Honest, experienced, financial managers and a transparent operation (even so, investors can change management if they like).Tax Considerations: Not a “write-off,” because the risk does not rise to that level. 15% depletion allowance provides tax-advantaged income . As always, consult your tax advisor.

The Phases of ManagementACCREDITED INVESTORS ONLY | This information is provided for educational purposes only and does not discuss the risks associated with mineral/royalty interest investments. This is neither an offer to sell nor a solicitation on an offer to buy securities described herein. An offering is made only by Confidential Private Placement Memorandum (PPM). 3 PhasesPhase 1AcquisitionsYear 1Phase 2Cash Flow From Production Phase 3Exit StrategyYears 5-7Purchase various oil & gas mineral and royalty or lease properties within several long-lived and developing geologic formations. Employ valuation methodology based on engineering evaluations and Estimated Ultimate Recoverable estimates.Revenues from oil & gas propertiesDivest or assign oil & gas properties.

ACCREDITED INVESTORS ONLY | This is neither an offer to sell nor a solicitation on an offer to buy securities described herein. An offering is made only by the Confidential Private Placement Memorandum (PPM). This sale and advertising literature must be read in conjunction with the PPM in order to understand fully all of the implications and risks of the offering to which it relates. A copy of the PPM must be made available to you in connection with this offering. Prospective Members should carefully read the PPM and review any additional information they desire prior to making an investment and should be able to bear the complete loss of their investment.The Offering The Structure 85% of money goes INTO THE GROUND! No Sales commissions. Mgt wins when you do: only $14,000 in annual mgt fees until investors are paid entire investment. Then split 75%-25%, leaving est. annual yields of 15-18% or more. Farmer’s National: royalties. verifies oil companies. distributes income.

ACCREDITED INVESTORS ONLY | This is neither an offer to sell nor a solicitation on an offer to buy securities described herein. An offering is made only by the Confidential Private Placement Memorandum (PPM). This sale and advertising literature must be read in conjunction with the PPM in order to understand fully all of the implications and risks of the offering to which it relates. A copy of the PPM must be made available to you in connection with this offering. Prospective Members should carefully read the PPM and review any additional information they desire prior to making an investment and should be able to bear the complete loss of their investment.Current Portfolio: Income, Diversification, Growth, Tangible Ownership of Conservative Assets $1MM of $1.9MM invested 34 Tracts 21,000 + total mineral acres exposure across 3 states 29 producing wells. 5 wells being drilled as we speak 200 potential new wells to be drilled Estimated cash-on-cash return: 12%

Acquisition Summary:This acquisition was made just before the initialproduction numbers were disclosed. There wereseven new wells drilled and completed by EXCO inMay thru July and all of the wells had initialproduction rates in excess of 12 million cubic feet ofgas per day. With the typical declines expected, weexpect this acquisition has the potential of returningour principle within the first 12 months.ACQUISITION 1 (Pending Contract). Sec. 34-14N-12W. DeSoto Parish, Louisiana. Targeted Formation: Haynesville Shale. Production: Yes. Number of Wells Producing: 8;7 completed Maythru July 2013. Initial Production: 7 IP’s in excess of 12MMCF perwell. Estimated EUR per well: 6-8 BCF per wellEstimated First Year Income: $74,400.00Total Estimated Royalty Income - $350,000.00

ACQUISITION 2 (Pending Contract). Sec. 25&36 of 27N-6W; Sec. 11 of 26N-6W. Grant County, Oklahoma. Targeted Formation: Mississippian. Potential Target Formations: Woodford Shale &Hunton. Operator: Sandridge Energy. Production: Yes. Number of Wells Producing: 9; 10th well spud8-01-2013. Initial Production: IP’s between 100-1500 BOPDper well. Est. EUR per well: 200,000-300,00 BOE per well. Est. First Year Income: $20,000.00Acquisition Summary:The Livestock 1-25H was one of the top ten best producing wells in Grant County, Oklahoma.Sandridge is now drilling the fourth Livestockwell and all three prior Livestock wells have hadinitial production north of 800 BOPD. The other two tracts within this acquisition have had more modest success with IP’s from 150-350 bopd but are contributing nicely to cash flows. Each ofthose tracts has their fourth well to be drilled and we would expect those additional wells to be drilled within the next 12 months if Sandridge follows their typical development protocol.

ACCREDITED INVESTORS ONLY | This is neither an offer to sell nor a solicitation on an offer to buy securities described herein. An offering is made only by the Confidential Private Placement Memorandum (PPM). This sale and advertising literature must be read in conjunction with the PPM in order to understand fully all of the implications and risks of the offering to which it relates. A copy of the PPM must be made available to you in connection with this offering. Prospective Members should carefully read the PPM and review any additional information they desire prior to making an investment and should be able to bear the complete loss of their investment.The End Game Sell Properties in 5-7 Years Buy properties. Manage the portfolio and properties Use outside firm for accounting, admin and distributions Pay our quarterly cash flow to partners

ACCREDITED INVESTORS ONLY | This is neither an offer to sell nor a solicitation on an offer to buy securities described herein. An offering is made only by the Confidential Private Placement Memorandum (PPM). This sale and advertising literature must be read in conjunction with the PPM in order to understand fully all of the implications and risks of the offering to which it relates. A copy of the PPM must be made available to you in connection with this offering. Prospective Members should carefully read the PPM and review any additional information they desire prior to making an investment and should be able to bear the complete loss of their investment.How Much Is Right For You? Every Investor’s Needs Differ But all need : Diversification Inflation hedges Part of the absolutely vital Energy Sector Yield/Growth Ownership of real estate & alternative real estate Part of conservative, institutional asset classes

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