DAVIS MINERAL GROUP’S ASSETS CONSIST OF A LARGE PRIVATE ACCUMULATION OF MINERALS PRIMARILY LOCATED IN WEST TEXAS AND OKLAHOMA.

These acquisitions represent the entire mineral assets of The Alliance Life Insurance Company, Peoria, Illinois; The Central Standard Life Insurance Company, Chicago, Illinois; The Commerce Trust Bank, Kansas City, Missouri; The Wilbe Lumber Company, Des Moines, Iowa; and the interests of numerous individuals and estates.  These mineral interests are primarily concentrated in the Peninsula Basin of West Texas, the Anadarko and Arkoma Basins, and the Smackover Provinces of Mississippi.

Rather than operating its mineral assets as would a typical royalty company, the philosophy of Davis Bros. is not to grant leases on its minerals until it has first considered participating in the drilling of wells. This approach allows Davis Bros. to consider its proprietary minerals as paid-up leases, which hold potential for development as warranted.