|Commodity Price Volatility
||Energy-based pricing will fluctuate.
||Production levels will fluctuate.
|Lack of Operational Control
||Operators are not obligated to drill or keep wells in production.
||Distributions may not begin until months after the close of the offering.
||You may not be able to sell your investment.
||Could impact current tax treatment of Royalties.
|Loss of Investment
||May not recover original investment over life of reserves.
||Assets will deplete - estimates could be off.
|Loss of Production
||Natural disasters or shut-in wells could decrease or halt production temporarily or permanently.