<DOCUMENT>
<TYPE>EX-99.15
<SEQUENCE>4
<FILENAME>c23946_ex99-15.txt
<DESCRIPTION>ESTIMATED NET RESERVES AND INCOME DATA
<TEXT>
                                                                  Exhibit 99.15


[RYDER SCOTT LOGO]  RYDER SCOTT COMPANY
                    ----------------------
                    PETROLEUM CONSULTANTS

1100 LOUISIANA          SUITE 3800      HOUSTON, TEXAS 77002-5218
                                     TELEPHONE (713) 651-9191 FAX (713) 651-0849



                                 March 28, 2002




Tengasco, Inc.
603 Main Avenue, Suite 500
Knoxville, Tennessee  37902

Gentlemen:

         At your request,  we have prepared an estimate of the reserves,  future
production,  and income  attributable to certain leasehold and royalty interests
of Tengasco, Inc. (Tengasco) as of December 31, 2001. The subject properties are
located in the states of Kansas and  Tennessee.  The income data were  estimated
using the Securities and Exchange Commission (SEC) requirements for future price
and cost parameters.

         The  estimated  reserves and future  income  amounts  presented in this
report  are  related  to  hydrocarbon  prices.  Hydrocarbon  prices in effect at
December 31, 2001 were used in the preparation of this report as required by SEC
rules;  however,  actual future prices may vary  significantly from December 31,
2001 prices.  Therefore,  volumes of reserves actually  recovered and amounts of
income actually received may differ  significantly from the estimated quantities
presented in this report. The results of this study are summarized below.

                                 SEC PARAMETERS
                     Estimated Net Reserves and Income Data
                   Certain Leasehold and Royalty Interests of
                                 TENGASCO, INC.
                             As of December 31, 2001
      --------------------------------------------------------------------


<TABLE>
<CAPTION>
                                                                                Proved
                                        ---------------------------------------------------------------------------------------
                                                       Developed
                                        -----------------------------------------                                   Total
                                           Producing            Non-Producing            Undeveloped               Proved
                                        ----------------      -------------------      -----------------       ----------------
<S>                                         <C>                      <C>                    <C>                  <C>
NET REMAINING RESERVES
  Oil/Condensate - Barrels                      767,126                  140,986                148,563              1,056,675
  Gas - MMCF                                      7,157                    7,565                 11,158                 25,880

INCOME DATA
  Future Gross Revenue                      $28,303,283              $19,441,729            $27,938,639            $75,683,651
  Deductions                                 15,484,511                3,860,295             10,510,368             29,855,174
                                            -----------              -----------            -----------            -----------
  Future Net Income (FNI)                   $12,818,772              $15,581,434            $17,428,271            $45,828,477

  Discounted FNI @ 10%                      $ 7,365,661              $ 6,536,101            $ 7,832,145            $21,733,907
</TABLE>

<TABLE>
<S>                                 <C>                                <C>                   <C>
1100, 530 - 8th AVENUE, S.W.        CALGARY, ALBERTA T2P 3S8           TEL (403) 262-2799    FAX (403) 262-2790
600 17TH  STREET, SUITE 1610N       DENVER, COLORADO  80202-5416       TEL (303) 623-9147    FAX (303) 623-4258
</TABLE>

<PAGE>

Tengasco, Inc.
March 28, 2002
Page 2

<TABLE>
<CAPTION>
                                                                     Probable
                                        --------------------------------------------------------------------
                                            Developed                                          Total
                                          Non-Producing              Undeveloped              Probable
                                        -------------------       -------------------     ------------------
<S>                                         <C>                  <C>                    <C>
NET REMAINING RESERVES
  Oil/Condensate - Barrels                        0                     29,946                  29,946
  Gas - MMCF                                     16                        892                     908

INCOME DATA
  Future Gross Revenue                      $36,925                 $2,530,690              $2,567,615
  Deductions                                      0                  1,479,251               1,479,251
                                            -------                 ----------              ----------
  Future Net Income (FNI)                   $36,925                 $1,051,439              $1,088,364

  Discounted FNI @ 10%                      $18,394                 $  409,536              $  427,930
</TABLE>

                                                                Total
                                                               Possible
                                                             Undeveloped*
                                                             ------------
NET REMAINING RESERVES
  Oil/Condensate - Barrels                                         0
  Gas - MMCF                                                       0

INCOME DATA
  Future Gross Revenue                                           $ 0
  Deductions                                                       0
                                                                 ---
  Future Net Income (FNI)                                        $ 0

  Discounted FNI @ 10%                                           $ 0

  * Possible undeveloped reserves are uneconomic at current prices.

         Liquid  hydrocarbons  are expressed in standard 42 gallon barrels.  All
gas  volumes  are sales gas  expressed  in  millions of cubic feet (MMCF) at the
official  temperature  and pressure bases of the areas in which the gas reserves
are located.

         The future gross revenue is after the  deduction of  production  taxes.
The  deductions  comprise  the  normal  direct  costs of  operating  the  wells,
recompletion  costs and development  costs.  The future net income is before the
deduction of state and federal income taxes and general administrative overhead,
and has not been  adjusted  for  outstanding  loans  that may  exist nor does it
include any adjustment for cash on hand or undistributed  income. No attempt was
made to  quantify  or  otherwise  account  for any  accumulated  gas  production
imbalances that may exist. Gas reserves account for approximately 77 percent and
liquid hydrocarbon reserves account for the remaining 23 percent of total future
gross revenue from proved reserves.

         The  discounted  future net income shown above was  calculated  using a
discount rate of 10 percent per annum compounded monthly.  Future net income was
discounted  at four other  discount  rates which were also  compounded  monthly.
These results are shown on each  estimated  projection of future  production and
income  presented  in a later  section of this  report  and in  summary  form as
follows.
<PAGE>

Tengasco, Inc.
March 28, 2002
Page 3

<TABLE>
<CAPTION>
                                                      Discounted Future Net Income
                                                        As of December 31, 2001
                              --------------------------------------------------------------------------
   Discount Rate                    Total                         Total                     Total
      Percent                       Proved                       Probable                 Possible*
---------------------         -------------------           -------------------        -----------------
<S>                              <C>                             <C>                         <C>
          5                      $29,843,361                     $676,488                    $ 0
         15                      $16,868,803                     $271,931                    $ 0
         20                      $13,635,421                     $170,934                    $ 0
         25                      $11,336,153                     $103,978                    $ 0
</TABLE>

*Possible undeveloped reserves are uneconomic at current prices.

         The results shown above are presented for your  information  and should
not be construed as our estimate of fair market value.

RESERVES INCLUDED IN THIS REPORT

         The PROVED  RESERVES  included  herein conform to the definition as set
forth in the Securities and Exchange  Commission's  Regulation S-X Part 210.4-10
(a) as  clarified by  subsequent  Commission  Staff  Accounting  Bulletins.  The
PROBABLE  RESERVES and POSSIBLE  RESERVES included herein conform to definitions
of  probable  and  possible   reserves   approved  by  the  SPE/WPC   using  the
deterministic  methodology.  The definitions of proved,  probable,  and possible
reserves are included under the tab "Reserve Definitions" in this report.

         We have  included  probable  and  possible  reserves and income in this
report at the request of  Tengasco.  These data are for  Tengasco's  information
only,  and should not be  included  in reports to the SEC  according  to the SEC
disclosure  specifications.  The  probable  reserves  are  less  certain  to  be
recovered than the proved reserves and reserves  classified as possible are less
certain to be recovered  than those in the probable  category.  The reserves and
income quantities attributable to the different reserve classifications that are
included  herein have not been  adjusted to reflect the varying  degrees of risk
associated with them and thus are not comparable.

         Because  of  the  direct   relationship   between   volumes  of  proved
undeveloped reserves and development plans, we include in the proved undeveloped
category  only  reserves  assigned to  undeveloped  locations  that we have been
assured will definitely be drilled.

         The  various  reserve  status  categories  are  defined  under  the tab
"Reserve  Definitions"  in this report.  The  developed  non-producing  reserves
included herein are comprised of the shut-in and behind pipe categories.

ESTIMATES OF RESERVES

         The reserves  included  herein were  estimated  using the  performance,
volumetric and analogy methods. The reserves estimated by the performance method
utilized  extrapolations  of various  historical  data in those cases where such
data were  definitive  in our opinion.  Performance  estimates  accounted for 21
percent of the proved  reserves on a net oil  equivalent  basis.  Reserves  were
estimated by the volumetric and analogy  methods in those cases where there were
inadequate historical  performance data to establish a definitive trend or where
the use of performance data as a basis for the reserve  estimates was considered
to be  inappropriate.  Reserves by analogy  accounted for 45 percent of reserves
and volumetric estimates accounted for the remaining 34 percent.

                   RYDER SCOTT COMPANY PETROLEUM CONSULTANTS
<PAGE>

Tengasco, Inc.
March 28, 2002
Page 4

         The reserves  included in this report are estimates only and should not
be  construed  as  being  exact  quantities.  They  may or may  not be  actually
recovered, and if recovered, the revenues therefrom and the actual costs related
thereto could be more or less than the estimated amounts. Moreover, estimates of
reserves may increase or decrease as a result of future operations.

FUTURE PRODUCTION RATES

         Initial  production rates are based on the current  producing rates for
those wells now on production. Test data and other related information were used
to  estimate  the  anticipated  initial  production  rates  for  those  wells or
locations that are not currently  producing.  If no production decline trend had
been established,  future  production rates were held constant,  or adjusted for
the  effects of  curtailment  where  appropriate,  until a decline in ability to
produce  was  anticipated.  An  estimated  rate of decline  was then  applied to
depletion of the reserves.  If a decline trend has been established,  this trend
was used as the basis for estimating  future  production rates. For reserves not
yet on  production,  sales were  estimated  to commence at an  anticipated  date
furnished by Tengasco.

         The future production rates from wells now on production may be more or
less than  estimated  because of changes in market demand or  allowables  set by
regulatory bodies. Wells or locations that are not currently producing may start
producing  earlier or later than  anticipated  in our  estimates of their future
production rates.

HYDROCARBON PRICES

         Tengasco furnished us with hydrocarbon prices in effect at December 31,
2001 and with its  forecasts  of future  prices  which take into account SEC and
Financial  Accounting  Standards  Board (FASB)  rules,  current  market  prices,
contract prices,  and fixed and determinable price escalations where applicable.
The hydrocarbon  prices utilized this study were $17.24 per barrel and $2.13 per
Mcf for the properties  located in the state of Kansas and $16.25 per barrel and
$2.355 per Mcf for the properties located in the state of Tennessee.

         In  accordance  with FASB  Statement  No. 69,  December 31, 2001 market
prices were determined using the daily oil price or daily gas sales price ("spot
price")   adjusted  for  oilfield  or  gas  gathering  hub  and  wellhead  price
differences  (e.g.  grade,   transportation,   gravity,   sulfur  and  BS&W)  as
appropriate.  Also in accordance  with SEC and FASB  specifications,  changes in
market  prices  subsequent  to  December  31, 2001 were not  considered  in this
report.

COSTS

         Operating  costs for the leases  and wells in this  report are based on
the operating  expense reports of Tengasco and include only those costs directly
applicable to the leases or wells. When applicable,  the operating costs include
a portion of general and  administrative  costs allocated directly to the leases
and  wells  under  terms of  operating  agreements.  No  deduction  was made for
indirect  costs such as  general  administration  and  overhead  expenses,  loan
repayments,  interest expenses, and exploration and development prepayments that
were not charged directly to the leases or wells.

         Development  costs were  furnished  to us by Tengasco  and are based on
authorizations for expenditure for the proposed work or actual costs for similar
projects.  At the request of Tengasco,  their estimate of zero abandonment costs
after  salvage  value was used in this report.  Ryder Scott has not  performed a
detailed  study of the  abandonment  costs or the  salvage  value  and  makes no
warranty for Tengasco's estimate.

         Current costs were held constant throughout the life of the properties.

                     RYDER SCOTT COMPANY  PETROLEUM PRODUCTS
<PAGE>

Tengasco, Inc.
March 28, 2002
Page 5

GENERAL

         Table A presents a one line  summary of proved  reserve and income data
for each of the subject  properties  which are ranked  according to their future
net  income  discounted  at 10  percent  per year.  Table B  presents a one line
summary  of gross  and net  reserves  and  income  data for each of the  subject
properties.  Table C presents a one line summary of initial  basic data for each
of the subject properties. Tables 1 through 331 present our estimated projection
of production and income by years beginning December 31, 2001, by state,  field,
and lease or well.

         While it may reasonably be anticipated  that the future prices received
for the sale of production  and the operating  costs and other costs relating to
such production may also increase or decrease from existing levels, such changes
were, in accordance with rules adopted by the SEC, omitted from consideration in
making this evaluation.

         The estimates of reserves  presented  herein were based upon a detailed
study of the properties in which Tengasco owns an interest; however, we have not
made any field examination of the properties. No consideration was given in this
report to potential environmental  liabilities that may exist nor were any costs
included for potential liability to restore and clean up damages, if any, caused
by past operating  practices.  Tengasco has informed us that they have furnished
us all of the accounts,  records,  geological and engineering  data, and reports
and other data required for this investigation. The ownership interests, prices,
and other factual data furnished by Tengasco were accepted  without  independent
verification. The estimates presented in this report are based on data available
through December 2001.

         Tengasco has assured us of their intent and ability to proceed with the
development  activities  included in this report, and that they are not aware of
any legal,  regulatory or political  obstacles  that would  significantly  alter
their plans.

         Neither we nor any of our  employees  have any  interest in the subject
properties and neither the employment to make this study nor the compensation is
contingent  on our  estimates  of  reserves  and future  income for the  subject
properties.

         This report was  prepared  for the  exclusive  use and sole  benefit of
Tengasco, Inc. The data, work papers, and maps used in this report are available
for  examination by authorized  parties in our offices.  Please contact us if we
can be of further service.

                                                     Very truly yours,

                                                     RYDER SCOTT COMPANY, L.P.

                                                     /s/ C. Patrick McInturff
                                                     ---------------------------
                                                     C. Patrick McInturff, P.E.
                                                     Petroleum Engineer
CPM/sw

Approved:

/s/ John R. Warner
-------------------------------------
John R. Warner, P.E.
Executive Vice President-International

                   RYDER SCOTT COMPANY  PETROLEUM CONSULTANTS

<PAGE>

                                  TENGASCO, INC.                         TABLE 1
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE

<TABLE>
<CAPTION>
 GRAND SUMMARY
                                                                                       TOTAL PROVED
     TOTAL PROPERTIES                                                                  ALL CATEGORIES


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -                                                                                  5.00% -    29,843,361
 FINAL   -                                                                                 10.00% -    21,733,907
 REMARKS -                                                                                 15.00% -    16,868,803
                                                                                           20.00% -    13,635,421
                                                                                           25.00% -    11,336,153
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>     <C>       <C>               <C>     <C>           <C>               <C>     <C>            <C>       <C>
 2002   213       162,741           0       1,687         124,825           0       1,222.980      17.03     2.31
 2003   215       153,743           0       3,580         118,968           0       2,708.244      16.99     2.33
 2004   217       122,650           0       3,149          96,206           0       2,423.371      17.03     2.33
 2005   205       103,599           0       2,745          82,059           0       2,102.650      17.07     2.33
 2006   195        90,420           0       2,139          71,796           0       1,632.199      17.09     2.33
 2007   174        78,041           0       1,774          61,845           0       1,338.644      17.09     2.33
 2008   168        72,645           0       1,588          57,633           0       1,187.772      17.11     2.33
 2009   163        66,231           0       1,418          52,422           0       1,062.024      17.10     2.33
 2010   156        63,804           0       1,346          50,317           0       1,002.487      17.10     2.33
 2011   151        58,192           0       1,406          45,806           0       1,067.988      17.10     2.33
 2012   146        50,351           0       1,262          39,718           0         959.485      17.12     2.33
 2013   132        44,929           0       1,124          35,474           0         854.065      17.13     2.33
 2014   125        37,131           0       1,012          29,184           0         773.881      17.12     2.33
 2015   121        31,130           0         937          24,507           0         717.459      17.12     2.33
 2016   113        26,757           0         864          21,155           0         657.939      17.13     2.33

 SUB-TOTAL      1,162,364           0      26,031         911,915           0      19,711.188      17.07     2.33
 REMAINDER        184,647           0       8,079         144,760           0       6,169.014      16.78     2.33
 TOTAL          1,347,011           0      34,110       1,056,675           0      25,880.202      17.03     2.33
</TABLE>

 CUMULATIVE
 ULTIMATE
<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>          <C>                 <C>   <C>                  <C>   <C>            <C>         <C>        <C>
 2002        2,125,526           0     2,824,056            0     4,949,582      85,819      91,160     4,772,603
 2003        2,020,835           0     6,316,562            0     8,337,397      80,461     196,584     8,060,352
 2004        1,638,968           0     5,652,986            0     7,291,954      66,224     175,788     7,049,942
 2005        1,400,318           0     4,898,629            0     6,298,947      57,240     153,066     6,088,641
 2006        1,226,761           0     3,799,903            0     5,026,664      50,700     118,978     4,856,986
 2007        1,057,129           0     3,113,891            0     4,171,020      43,799      97,757     4,029,464
 2008          985,827           0     2,763,525            0     3,749,352      40,992      86,715     3,621,645
 2009          896,635           0     2,471,610            0     3,368,245      37,274      77,531     3,253,440
 2010          860,304           0     2,333,438            0     3,193,742      35,689      73,149     3,084,904
 2011          783,442           0     2,489,753            0     3,273,195      32,558      77,587     3,163,050
 2012          680,061           0     2,235,469            0     2,915,530      28,411      69,826     2,817,293
 2013          607,535           0     1,989,088            0     2,596,623      25,426      62,209     2,508,988
 2014          499,555           0     1,804,009            0     2,303,564      20,863      56,200     2,226,501
 2015          419,640           0     1,671,891            0     2,091,531      17,553      52,145     2,021,833
 2016          362,453           0     1,533,513            0     1,895,966      15,199      47,788     1,832,979

 SUB-TOT    15,564,989           0    45,898,323            0    61,463,312     638,208   1,436,483    59,388,621
 REMAIN      2,429,553           0    14,402,937            0    16,832,490      90,757     446,703    16,295,030
 TOTAL      17,994,542           0    60,301,260            0    78,295,802     728,965   1,883,186    75,683,651
</TABLE>

<PAGE>


<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>        <C>                 <C> <C>                 <C>   <C>            <C>           <C>           <C>
 2002      1,588,398           0   1,871,153           0     3,459,551      1,313,052     1,313,052     1,251,918
 2003      1,666,666           0   2,124,875           0     3,791,541      4,268,811     5,581,863     3,652,346
 2004      1,605,454           0   2,000,000           0     3,605,454      3,444,488     9,026,351     2,687,966
 2005      1,539,427           0      27,000           0     1,566,427      4,522,214    13,548,565     3,199,998
 2006      1,484,370           0           0           0     1,484,370      3,372,616    16,921,181     2,159,994
 2007      1,370,478           0           0           0     1,370,478      2,658,986    19,580,167     1,541,016
 2008      1,237,226           0      10,000           0     1,247,226      2,374,419    21,954,586     1,244,682
 2009      1,185,482           0      25,000           0     1,210,482      2,042,958    23,997,544       969,545
 2010      1,151,146           0      21,213           0     1,172,359      1,912,545    25,910,089       821,423
 2011      1,078,158           0      30,000           0     1,108,158      2,054,892    27,964,981       796,439
 2012        976,152           0           0           0       976,152      1,841,141    29,806,122       648,389
 2013        902,268           0           0           0       902,268      1,606,720    31,412,842       512,027
 2014        783,104           0           0           0       783,104      1,443,397    32,856,239       416,243
 2015        721,085           0           0           0       721,085      1,300,748    34,156,987       339,579
 2016        672,489           0           0           0       672,489      1,160,490    35,317,477       274,211

 SUBTOT   17,961,903           0   6,109,241           0    24,071,144     35,317,477                  20,515,776
 REMAIN    5,509,030           0     275,000           0     5,784,030     10,511,000    45,828,477     1,218,131
 TOTAL    23,470,933           0   6,384,241           0    29,855,174     45,828,477                  21,733,907
</TABLE>
   LIFE OF SUMMARY IS 57.67 YEARS.

<PAGE>


                             TENGASCO, INC.                              TABLE 2
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE

<TABLE>
<CAPTION>
 GRAND SUMMARY
                                                                                       PROVED
     TOTAL PROPERTIES                                                                  PRODUCING

                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -                                                                                  5.00% -     9,319,944
 FINAL   -                                                                                 10.00% -     7,365,661
 REMARKS -                                                                                 15.00% -     6,136,361
                                                                                           20.00% -     5,291,894
                                                                                           25.00% -     4,673,265
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>     <C>       <C>               <C>     <C>           <C>               <C>       <C>          <C>       <C>
 2002   190       128,442           0       1,125         100,971           0         834.052      17.09     2.29
 2003   172       110,590           0         828          86,987           0         608.452      17.08     2.28
 2004   167        95,653           0         724          75,142           0         534.166      17.08     2.27
 2005   156        83,641           0         651          65,842           0         480.387      17.09     2.27
 2006   148        74,259           0         556          58,574           0         413.455      17.09     2.27
 2007   128        63,774           0         498          50,217           0         370.573      17.09     2.27
 2008   123        59,553           0         432          46,977           0         326.302      17.10     2.27
 2009   117        53,532           0         399          42,178           0         302.631      17.10     2.27
 2010   111        49,842           0         381          39,313           0         283.889      17.11     2.27
 2011   106        44,928           0         350          35,352           0         264.939      17.12     2.27
 2012   101        38,505           0         331          30,420           0         250.415      17.12     2.27
 2013    91        34,326           0         311          27,147           0         234.590      17.13     2.27
 2014    84        27,848           0         274          21,875           0         211.637      17.12     2.27
 2015    80        22,479           0         264          17,686           0         201.776      17.12     2.27
 2016    73        18,688           0         247          14,783           0         187.743      17.13     2.28

 SUB-TOTAL        906,060           0       7,371         713,464           0       5,505.007      17.10     2.27
 REMAINDER         67,227           0       2,140          53,662           0       1,652.176      17.13     2.28
 TOTAL            973,287           0       9,511         767,126           0       7,157.183      17.10     2.28
</TABLE>

 CUMULATIVE
 ULTIMATE

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>         <C>                  <C>  <C>                   <C>  <C>            <C>         <C>        <C>
 2002        1,725,106           0     1,911,973            0     3,637,079      71,297      63,742     3,502,040
 2003        1,486,054           0     1,385,102            0     2,871,156      61,383      47,377     2,762,396
 2004        1,283,717           0     1,213,439            0     2,497,156      52,999      41,823     2,402,334
 2005        1,124,918           0     1,089,918            0     2,214,836      46,492      37,737     2,130,607
 2006        1,001,116           0       938,120            0     1,939,236      41,439      32,447     1,865,350
 2007          858,106           0       840,933            0     1,699,039      35,495      29,063     1,634,481
 2008          803,234           0       740,721            0     1,543,955      33,329      25,626     1,485,000
 2009          721,320           0       687,024            0     1,408,344      29,966      23,843     1,354,535
 2010          672,724           0       644,050            0     1,316,774      28,031      22,406     1,266,337
 2011          605,062           0       601,211            0     1,206,273      25,238      20,895     1,160,140
 2012          520,938           0       568,006            0     1,088,944      21,780      19,778     1,047,386
 2013          464,910           0       531,863            0       996,773      19,450      18,550       958,773
 2014          374,371           0       480,959            0       855,330      15,619      16,626       823,085
 2015          302,758           0       458,447            0       761,205      12,650      15,858       732,697
 2016          253,243           0       427,131            0       680,374      10,609      14,703       655,062

 SUB-TOT    12,197,577           0    12,518,897            0    24,716,474     505,777     430,474    23,780,223
 REMAIN        919,404           0     3,770,482            0     4,689,886      38,552     128,274     4,523,060
 TOTAL      13,116,981           0    16,289,379            0    29,406,360     544,329     558,748    28,303,283
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>        <C>                 <C>         <C>         <C>   <C>            <C>           <C>           <C>
 2002      1,495,838           0           0           0     1,495,838      2,006,202     2,006,202     1,916,669
 2003      1,326,670           0           0           0     1,326,670      1,435,726     3,441,928     1,239,299
 2004      1,231,837           0           0           0     1,231,837      1,170,497     4,612,425       914,312
 2005      1,153,519           0           0           0     1,153,519        977,088     5,589,513       690,840
 2006      1,094,866           0           0           0     1,094,866        770,484     6,359,997       493,149
 2007        988,171           0           0           0       988,171        646,310     7,006,307       374,482
 2008        869,321           0           0           0       869,321        615,679     7,621,986       322,826
 2009        825,075           0           0           0       825,075        529,460     8,151,446       251,297
 2010        799,845           0           0           0       799,845        466,492     8,617,938       200,421
 2011        725,649           0           0           0       725,649        434,491     9,052,429       168,968
 2012        641,142           0           0           0       641,142        406,244     9,458,673       143,001
 2013        581,361           0           0           0       581,361        377,412     9,836,085       120,284
 2014        472,199           0           0           0       472,199        350,886    10,186,971       101,193
 2015        412,280           0           0           0       412,280        320,417    10,507,388        83,647
 2016        370,147           0           0           0       370,147        284,915    10,792,303        67,327

 SUBTOT   12,987,920           0           0           0    12,987,920     10,792,303                   7,087,715
 REMAIN    2,496,591           0           0           0     2,496,591      2,026,469    12,818,772       277,946
 TOTAL    15,484,511           0           0           0    15,484,511     12,818,772                   7,365,661
</TABLE>

   LIFE OF SUMMARY IS 42.25 YEARS.
<PAGE>

                             TENGASCO, INC.                              TABLE 3
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE

<TABLE>
<CAPTION>
 GRAND SUMMARY
                                                                                       PROVED
     TOTAL PROPERTIES                                                                  SHUT-IN


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -                                                                                  5.00% -     1,262,393
 FINAL   -                                                                                 10.00% -     1,037,631
 REMARKS -                                                                                 15.00% -       884,034
                                                                                           20.00% -       770,957
                                                                                           25.00% -       683,342
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>      <C>              <C>     <C>           <C>              <C>       <C>           <C>       <C>
 2002     9        15,478           0          84           8,517           0          49.200      16.33     2.32
 2003    11        12,028           0         201           7,253           0         120.984      16.35     2.34
 2004     9         5,335           0         158           3,753           0          99.004      16.43     2.34
 2005     8         2,632           0          88           2,284           0          51.181      16.44     2.32
 2006     5         1,782           0          74           1,559           0          44.532      16.25     2.32
 2007     5         1,515           0          68           1,326           0          41.042      16.25     2.32
 2008     5         1,287           0          63           1,126           0          38.199      16.25     2.32
 2009     5         1,095           0          57             958           0          35.787      16.25     2.32
 2010     5           930           0          56             814           0          33.684      16.25     2.32
 2011     5           791           0          45             692           0          29.258      16.25     2.31
 2012     4           178           0          36             156           0          24.521      16.25     2.31
 2013     3             0           0          34               0           0          23.291       0.00     2.31
 2014     3             0           0          33               0           0          22.123       0.00     2.31
 2015     3             0           0          30               0           0          21.013       0.00     2.31
 2016     3             0           0          25               0           0          17.988       0.00     2.30

 SUB-TOTAL         43,051           0       1,052          28,438           0         651.807      16.34     2.32
 REMAINDER              0           0         169               0           0         146.223       0.00     2.32
 TOTAL             43,051           0       1,221          28,438           0         798.030      16.34     2.32
</TABLE>

 CUMULATIVE
 ULTIMATE

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>            <C>               <C>   <C>                  <C>   <C>            <C>         <C>        <C>
 2002          139,089           0       114,092            0       253,181       3,884       3,218       246,079
 2003          118,578           0       283,077            0       401,655       3,259       8,279       390,117
 2004           61,651           0       231,408            0       293,059       1,570       6,741       284,748
 2005           37,531           0       118,870            0       156,401         949       3,374       152,078
 2006           25,339           0       103,299            0       128,638         760       2,918       124,960
 2007           21,539           0        95,159            0       116,698         646       2,683       113,369
 2008           18,307           0        88,541            0       106,848         550       2,492       103,806
 2009           15,561           0        82,931            0        98,492         466       2,332        95,694
 2010           13,227           0        78,046            0        91,273         397       2,194        88,682
 2011           11,244           0        67,691            0        78,935         338       1,890        76,707
 2012            2,536           0        56,596            0        59,132          76       1,565        57,491
 2013                0           0        53,757            0        53,757           0       1,486        52,271
 2014                0           0        51,062            0        51,062           0       1,413        49,649
 2015                0           0        48,501            0        48,501           0       1,340        47,161
 2016                0           0        41,428            0        41,428           0       1,136        40,292

 SUB-TOT       464,602           0     1,514,458            0     1,979,060      12,895      43,061     1,923,104
 REMAIN              0           0       339,660            0       339,660           0       9,648       330,012
 TOTAL         464,602           0     1,854,118            0     2,318,720      12,895      52,709     2,253,116
</TABLE>


<PAGE>

<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>          <C>               <C>         <C>         <C>     <C>          <C>           <C>           <C>
 2002         34,237           0           0           0        34,237        211,842       211,842       197,479
 2003         61,154           0           0           0        61,154        328,963       540,805       284,533
 2004         50,544           0           0           0        50,544        234,204       775,009       183,052
 2005         35,883           0           0           0        35,883        116,195       891,204        82,246
 2006         30,204           0           0           0        30,204         94,756       985,960        60,624
 2007         30,204           0           0           0        30,204         83,165     1,069,125        48,161
 2008         30,204           0           0           0        30,204         73,602     1,142,727        38,582
 2009         30,204           0           0           0        30,204         65,490     1,208,217        31,074
 2010         30,204           0           0           0        30,204         58,478     1,266,695        25,114
 2011         28,637           0           0           0        28,637         48,070     1,314,765        18,738
 2012         19,404           0           0           0        19,404         38,087     1,352,852        13,400
 2013         17,004           0           0           0        17,004         35,267     1,388,119        11,232
 2014         17,004           0           0           0        17,004         32,645     1,420,764         9,411
 2015         17,004           0           0           0        17,004         30,157     1,450,921         7,871
 2016         15,642           0           0           0        15,642         24,650     1,475,571         5,845

 SUBTOT      447,533           0           0           0       447,533      1,475,571                   1,017,362
 REMAIN      175,929           0           0           0       175,929        154,083     1,629,654        20,269
 TOTAL       623,462           0           0           0       623,462      1,629,654                   1,037,631
</TABLE>

   LIFE OF SUMMARY IS 34.26 YEARS.
<PAGE>


                             TENGASCO, INC.                              TABLE 4
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 GRAND SUMMARY
                                                                                       PROVED
     TOTAL PROPERTIES                                                                  BEHIND PIPE


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
 <S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -                                                                                  5.00% -     8,012,682
 FINAL   -                                                                                 10.00% -     5,498,470
 REMARKS -                                                                                 15.00% -     4,140,414
                                                                                           20.00% -     3,289,440
                                                                                           25.00% -     2,703,795
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>      <C>      <C>               <C>     <C>          <C>               <C>      <C>            <C>       <C>
 2002     3         4,199           0          46           3,132           0          31.952      16.25     2.29
 2003    11        16,621           0         867          12,524           0         678.761      16.43     2.34
 2004    12         9,426           0         579           7,029           0         446.454      16.55     2.34
 2005    12         5,821           0         549           4,272           0         399.297      16.70     2.33
 2006    13         3,558           0         460           2,586           0         332.837      16.94     2.33
 2007    12         2,571           0         395           1,767           0         285.918      17.17     2.34
 2008    11         2,222           0         390           1,502           0         270.177      17.24     2.34
 2009    12         2,581           0         332           1,734           0         229.956      17.04     2.34
 2010    11         4,531           0         315           3,081           0         218.106      16.81     2.35
 2011    11         4,462           0         467           3,068           0         345.516      16.86     2.35
 2012    12         4,115           0         391           2,837           0         289.381      16.88     2.35
 2013     9         3,481           0         312           2,384           0         229.893      16.86     2.35
 2014     9         2,561           0         270           1,706           0         199.787      16.76     2.36
 2015     9         2,309           0         240           1,539           0         180.390      16.77     2.35
 2016     9         2,080           0         222           1,388           0         165.424      16.78     2.35

 SUB-TOTAL         70,538           0       5,835          50,549           0       4,303.849      16.68     2.34
 REMAINDER         81,611           0       3,238          61,999           0       2,463.345      16.27     2.35
 TOTAL            152,149           0       9,073         112,548           0       6,767.194      16.45     2.35
</TABLE>

 CUMULATIVE
 ULTIMATE

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>           <C>                <C>   <C>                  <C>   <C>            <C>        <C>         <C>
 2002           50,906           0        73,178            0       124,084       1,527       2,456       120,101
 2003          205,812           0     1,586,769            0     1,792,581       6,709      49,078     1,736,794
 2004          116,335           0     1,043,614            0     1,159,949       3,979      32,287     1,123,683
 2005           71,339           0       930,290            0     1,001,629       2,588      29,174       969,867
 2006           43,799           0       777,046            0       820,845       1,725      24,165       794,955
 2007           30,342           0       667,981            0       698,323       1,287      20,716       676,320
 2008           25,895           0       631,731            0       657,626       1,121      19,521       636,984
 2009           29,542           0       539,103            0       568,645       1,202      16,482       550,961
 2010           51,791           0       512,007            0       563,798       1,955      15,567       546,276
 2011           51,731           0       812,262            0       863,993       1,985      24,546       837,462
 2012           47,876           0       680,250            0       728,126       1,848      20,566       705,712
 2013           40,182           0       540,853            0       581,035       1,540      16,293       563,202
 2014           28,609           0       470,499            0       499,108       1,062      14,115       483,931
 2015           25,805           0       424,815            0       450,620         960      12,745       436,915
 2016           23,284           0       389,576            0       412,860         869      11,687       400,304

 SUB-TOT       843,248           0    10,079,974            0    10,923,222      30,357     309,398    10,583,467
 REMAIN      1,008,485           0     5,801,178            0     6,809,663      30,483     174,034     6,605,146
 TOTAL       1,851,733           0    15,881,152            0    17,732,885      60,840     483,432    17,188,613
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>          <C>              <C>    <C>               <C>   <C>            <C>           <C>           <C>
 2002          5,500           0     182,000           0       187,500        -67,399       -67,399       -71,708
 2003        115,716           0      89,750           0       205,466      1,531,328     1,463,929     1,326,140
 2004        122,315           0           0           0       122,315      1,001,368     2,465,297       783,276
 2005        126,266           0      27,000           0       153,266        816,601     3,281,898       576,904
 2006        109,715           0           0           0       109,715        685,240     3,967,138       438,647
 2007        102,516           0           0           0       102,516        573,804     4,540,942       332,356
 2008         88,115           0      10,000           0        98,115        538,869     5,079,811       282,225
 2009         80,617           0      25,000           0       105,617        445,344     5,525,155       211,567
 2010         81,511           0      21,213           0       102,724        443,552     5,968,707       190,447
 2011         84,286           0      30,000           0       114,286        723,176     6,691,883       278,615
 2012         76,020           0           0           0        76,020        629,692     7,321,575       222,043
 2013         64,316           0           0           0        64,316        498,886     7,820,461       159,080
 2014         64,315           0           0           0        64,315        419,616     8,240,077       121,028
 2015         64,316           0           0           0        64,316        372,599     8,612,676        97,263
 2016         64,315           0           0           0        64,315        335,989     8,948,665        79,384

 SUBTOT    1,249,839           0     384,963           0     1,634,802      8,948,665                   5,027,267
 REMAIN    1,327,031           0     275,000           0     1,602,031      5,003,115    13,951,780       471,203
 TOTAL     2,576,870           0     659,963           0     3,236,833     13,951,780                   5,498,470
</TABLE>

   LIFE OF SUMMARY IS 57.67 YEARS.
<PAGE>

                             TENGASCO, INC.                              TABLE 5
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE

<TABLE>
<CAPTION>
 GRAND SUMMARY

                                                                                       PROVED
     TOTAL PROPERTIES                                                                  UNDEVELOPED

                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
INITIAL -                                                                                  5.00% -    11,248,342
 FINAL   -                                                                                 10.00% -     7,832,145
 REMARKS -                                                                                 15.00% -     5,707,994
                                                                                           20.00% -     4,283,130
                                                                                           25.00% -     3,275,751
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>      <C>      <C>               <C>    <C>            <C>              <C>      <C>            <C>       <C>
 2002    11        14,622           0         432          12,205           0         307.777      17.24     2.36
 2003    21        14,504           0       1,684          12,204           0       1,300.047      17.24     2.35
 2004    29        12,236           0       1,688          10,282           0       1,343.747      17.24     2.35
 2005    29        11,505           0       1,457           9,661           0       1,171.786      17.24     2.35
 2006    29        10,821           0       1,049           9,077           0         841.375      17.24     2.35
 2007    29        10,181           0         813           8,535           0         641.110      17.24     2.35
 2008    29         9,583           0         703           8,028           0         553.094      17.24     2.35
 2009    29         9,023           0         630           7,552           0         493.651      17.24     2.35
 2010    29         8,501           0         594           7,109           0         466.809      17.24     2.36
 2011    29         8,011           0         544           6,694           0         428.275      17.24     2.36
 2012    29         7,553           0         504           6,305           0         395.168      17.24     2.36
 2013    29         7,122           0         467           5,943           0         366.292      17.24     2.35
 2014    29         6,722           0         435           5,603           0         340.334      17.24     2.35
 2015    29         6,342           0         403           5,282           0         314.279      17.24     2.35
 2016    28         5,989           0         370           4,984           0         286.784      17.24     2.36

 SUB-TOTAL        142,715           0      11,773         119,464           0       9,250.528      17.24     2.35
 REMAINDER         35,809           0       2,532          29,099           0       1,907.270      17.24     2.35
 TOTAL            178,524           0      14,305         148,563           0      11,157.798      17.24     2.35
</TABLE>

 CUMULATIVE
 ULTIMATE

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>            <C>               <C>   <C>                  <C>   <C>             <C>        <C>        <C>
 2002          210,425           0       724,813            0       935,238       9,111      21,744       904,383
 2003          210,391           0     3,061,614            0     3,272,005       9,110      91,850     3,171,045
 2004          177,265           0     3,164,525            0     3,341,790       7,676      94,937     3,239,177
 2005          166,530           0     2,759,551            0     2,926,081       7,211      82,781     2,836,089
 2006          156,507           0     1,981,438            0     2,137,945       6,776      59,448     2,071,721
 2007          147,142           0     1,509,818            0     1,656,960       6,371      45,295     1,605,294
 2008          138,391           0     1,302,532            0     1,440,923       5,992      39,076     1,395,855
 2009          130,212           0     1,162,552            0     1,292,764       5,640      34,874     1,252,250
 2010          122,562           0     1,099,335            0     1,221,897       5,306      32,982     1,183,609
 2011          115,405           0     1,008,589            0     1,123,994       4,997      30,256     1,088,741
 2012          108,711           0       930,617            0     1,039,328       4,707      27,917     1,006,704
 2013          102,443           0       862,615            0       965,058       4,436      25,880       934,742
 2014           96,575           0       801,489            0       898,064       4,182      24,046       869,836
 2015           91,077           0       740,128            0       831,205       3,943      22,202       805,060
 2016           85,926           0       675,378            0       761,304       3,721      20,262       737,321

 SUB-TOT     2,059,562           0    21,784,994            0    23,844,556      89,179     653,550    23,101,827
 REMAIN        501,664           0     4,491,617            0     4,993,281      21,722     134,747     4,836,812
 TOTAL       2,561,226           0    26,276,611            0    28,837,837     110,901     788,297    27,938,639
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>          <C>               <C> <C>                <C>    <C>            <C>          <C>            <C>
 2002         52,823           0   1,689,153           0     1,741,976       -837,593      -837,593      -790,522
 2003        163,126           0   2,035,125           0     2,198,251        972,794       135,201       802,374
 2004        200,758           0   2,000,000           0     2,200,758      1,038,419     1,173,620       807,326
 2005        223,759           0           0           0       223,759      2,612,330     3,785,950     1,850,008
 2006        249,585           0           0           0       249,585      1,822,136     5,608,086     1,167,574
 2007        249,587           0           0           0       249,587      1,355,707     6,963,793       786,017
 2008        249,586           0           0           0       249,586      1,146,269     8,110,062       601,049
 2009        249,586           0           0           0       249,586      1,002,664     9,112,726       475,607
 2010        239,586           0           0           0       239,586        944,023    10,056,749       405,441
 2011        239,586           0           0           0       239,586        849,155    10,905,904       330,118
 2012        239,586           0           0           0       239,586        767,118    11,673,022       269,945
 2013        239,587           0           0           0       239,587        695,155    12,368,177       221,431
 2014        229,586           0           0           0       229,586        640,250    13,008,427       184,611
 2015        227,485           0           0           0       227,485        577,575    13,586,002       150,798
 2016        222,385           0           0           0       222,385        514,936    14,100,938       121,655

 SUBTOT    3,276,611           0   5,724,278           0     9,000,889     14,100,938                   7,383,432
 REMAIN    1,509,479           0           0           0     1,509,479      3,327,333    17,428,271       448,713
 TOTAL     4,786,090           0   5,724,278           0    10,510,368     17,428,271                   7,832,145
</TABLE>

   LIFE OF SUMMARY IS 46.72 YEARS.
<PAGE>


                             TENGASCO, INC.                              TABLE 6
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE

<TABLE>
<CAPTION>
 GRAND SUMMARY

                                                                                       TOTAL PROBABLE
     TOTAL PROPERTIES                                                                  BEHIND PIPE & UNDEV.


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
INITIAL -                                                                                  5.00% -       676,488
 FINAL   -                                                                                 10.00% -       427,930
 REMARKS -                                                                                 15.00% -       271,931
                                                                                           20.00% -       170,934
                                                                                           25.00% -       103,978
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>            <C>               <C>     <C>                <C>     <C>           <C>        <C>          <C>
 2002     1         3,129           0           0           2,321           0           0.000      17.24     0.00
 2003     2         3,790           0          27           2,811           0           1.661      17.24     2.35
 2004     2         3,374           0          22           2,504           0           1.375      17.24     2.35
 2005     4         3,165           0         138           2,347           0         105.203      17.24     2.35
 2006     6         2,969           0         198           2,202           0         159.614      17.24     2.35
 2007     6         2,783           0         144           2,065           0         112.850      17.24     2.36
 2008     6         2,611           0         102           1,937           0          76.924      17.24     2.35
 2009     6         2,449           0          74           1,816           0          54.948      17.24     2.36
 2010     6         2,296           0          63           1,704           0          44.627      17.24     2.35
 2011     6         2,154           0          60           1,597           0          42.227      17.24     2.35
 2012     6         2,020           0          56           1,499           0          39.752      17.24     2.36
 2013     6         1,894           0          74           1,405           0          37.497      17.24     2.35
 2014     6         1,777           0          64           1,318           0          34.106      17.24     2.35
 2015     6         1,666           0          53           1,236           0          30.761      17.24     2.36
 2016     6         1,563           0          45           1,159           0          28.035      17.24     2.35

 SUB-TOTAL         37,640           0       1,120          27,921           0         769.580      17.24     2.35
 REMAINDER          2,729           0         158           2,025           0         138.208      17.24     2.36
 TOTAL             40,369           0       1,278          29,946           0         907.788      17.24     2.35
</TABLE>

 CUMULATIVE
 ULTIMATE

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>            <C>               <C>     <C>                <C>     <C>           <C>        <C>          <C>
 2002           40,013           0             0            0        40,013       1,733           0        38,280
 2003           48,469           0         3,912            0        52,381       2,098         117        50,166
 2004           43,157           0         3,239            0        46,396       1,869          98        44,429
 2005           40,475           0       247,752            0       288,227       1,753       7,432       279,042
 2006           37,959           0       375,890            0       413,849       1,643      11,276       400,930
 2007           35,601           0       265,762            0       301,363       1,542       7,973       291,848
 2008           33,389           0       181,157            0       214,546       1,445       5,436       207,665
 2009           31,314           0       129,402            0       160,716       1,356       3,882       155,478
 2010           29,368           0       105,097            0       134,465       1,272       3,153       130,040
 2011           27,543           0        99,445            0       126,988       1,193       2,983       122,812
 2012           25,832           0        93,615            0       119,447       1,118       2,809       115,520
 2013           24,226           0        88,306            0       112,532       1,049       2,649       108,834
 2014           22,721           0        80,320            0       103,041         984       2,409        99,648
 2015           21,309           0        72,443            0        93,752         923       2,174        90,655
 2016           19,985           0        66,024            0        86,009         865       1,981        83,163

 SUB-TOT       481,361           0     1,812,364            0     2,293,725      20,843      54,372     2,218,510
 REMAIN         34,900           0       325,479            0       360,379       1,511       9,763       349,105
 TOTAL         516,261           0     2,137,843            0     2,654,104      22,354      64,135     2,567,615
</TABLE>
<PAGE>

<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>          <C>               <C>   <C>              <C>    <C>           <C>            <C>            <C>
 2002          8,180           0      91,563           0        99,743        -61,463       -61,463       -58,753
 2003         16,361           0           0           0        16,361         33,805       -27,658        29,232
 2004         16,360           0           0           0        16,360         28,069           411        21,912
 2005         26,361           0     400,000           0       426,361       -147,319      -146,908      -112,809
 2006         42,760           0     200,000           0       242,760        158,170        11,262        97,382
 2007         45,161           0           0           0        45,161        246,687       257,949       143,224
 2008         45,160           0           0           0        45,160        162,505       420,454        85,377
 2009         45,161           0           0           0        45,161        110,317       530,771        52,456
 2010         45,160           0           0           0        45,160         84,880       615,651        36,439
 2011         45,161           0           0           0        45,161         77,651       693,302        30,155
 2012         45,160           0           0           0        45,160         70,360       763,662        24,770
 2013         45,160           0           0           0        45,160         63,674       827,336        20,275
 2014         45,161           0           0           0        45,161         54,487       881,823        15,723
 2015         45,160           0           0           0        45,160         45,495       927,318        11,882
 2016         45,161           0           0           0        45,161         38,002       965,320         8,985

 SUBTOT      561,627           0     691,563           0     1,253,190        965,320                     406,250
 REMAIN      226,061           0           0           0       226,061        123,044     1,088,364        21,680
 TOTAL       787,688           0     691,563           0     1,479,251      1,088,364                     427,930
</TABLE>

   LIFE OF SUMMARY IS 22.26 YEARS.
<PAGE>

                                  TENGASCO, INC.                         TABLE 7
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE

<TABLE>
<CAPTION>
 GRAND SUMMARY

                                                                                       PROBABLE
     TOTAL PROPERTIES                                                                  BEHIND PIPE


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>

 INITIAL -                                                                                  5.00% -        25,467
 FINAL   -                                                                                 10.00% -        18,394
 REMARKS -                                                                                 15.00% -        13,859
                                                                                           20.00% -        10,833
                                                                                           25.00% -         8,730
</TABLE>

<TABLE>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>       <C>               <C>         <C>        <C>          <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003     1             0           0          27               0           0           1.661       0.00     2.35
 2004     1             0           0          22               0           0           1.375       0.00     2.35
 2005     1             0           0          19               0           0           1.200       0.00     2.35
 2006     1             0           0          17               0           0           1.078       0.00     2.35
 2007     1             0           0          16               0           0           0.987       0.00     2.35
 2008     1             0           0          14               0           0           0.916       0.00     2.36
 2009     1             0           0          14               0           0           0.859       0.00     2.35
 2010     1             0           0          13               0           0           0.802       0.00     2.35
 2011     1             0           0          12               0           0           0.750       0.00     2.35
 2012     1             0           0          11               0           0           0.712       0.00     2.35
 2013     1             0           0          34               0           0           2.057       0.00     2.36
 2014     1             0           0          28               0           0           1.782       0.00     2.36
 2015     1             0           0          19               0           0           1.153       0.00     2.36
 2016     1             0           0          13               0           0           0.810       0.00     2.35

 SUB-TOTAL              0           0         259               0           0          16.142       0.00     2.36
 REMAINDER              0           0           0               0           0           0.022       0.00     2.35
 TOTAL                  0           0         259               0           0          16.164       0.00     2.36
</TABLE>

 CUMULATIVE
 ULTIMATE

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>     <C>                <C>     <C>           <C>        <C>          <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0         3,912            0         3,912           0         117         3,795
 2004                0           0         3,239            0         3,239           0          98         3,141
 2005                0           0         2,825            0         2,825           0          84         2,741
 2006                0           0         2,538            0         2,538           0          76         2,462
 2007                0           0         2,325            0         2,325           0          70         2,255
 2008                0           0         2,158            0         2,158           0          65         2,093
 2009                0           0         2,022            0         2,022           0          61         1,961
 2010                0           0         1,889            0         1,889           0          56         1,833
 2011                0           0         1,766            0         1,766           0          53         1,713
 2012                0           0         1,677            0         1,677           0          51         1,626
 2013                0           0         4,844            0         4,844           0         145         4,699
 2014                0           0         4,196            0         4,196           0         126         4,070
 2015                0           0         2,717            0         2,717           0          82         2,635
 2016                0           0         1,908            0         1,908           0          57         1,851

 SUB-TOT             0           0        38,016            0        38,016           0       1,141        36,875
 REMAIN              0           0            51            0            51           0           1            50
 TOTAL               0           0        38,067            0        38,067           0       1,142        36,925
</TABLE>
<PAGE>

<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>       <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0          3,795         3,795         3,276
 2004              0           0           0           0             0          3,141         6,936         2,453
 2005              0           0           0           0             0          2,741         9,677         1,937
 2006              0           0           0           0             0          2,462        12,139         1,574
 2007              0           0           0           0             0          2,255        14,394         1,306
 2008              0           0           0           0             0          2,093        16,487         1,097
 2009              0           0           0           0             0          1,961        18,448           930
 2010              0           0           0           0             0          1,833        20,281           787
 2011              0           0           0           0             0          1,713        21,994           665
 2012              0           0           0           0             0          1,626        23,620           572
 2013              0           0           0           0             0          4,699        28,319         1,481
 2014              0           0           0           0             0          4,070        32,389         1,177
 2015              0           0           0           0             0          2,635        35,024           690
 2016              0           0           0           0             0          1,851        36,875           438

 SUBTOT            0           0           0           0             0         36,875                      18,383
 REMAIN            0           0           0           0             0             50        36,925            11
 TOTAL             0           0           0           0             0         36,925                      18,394
</TABLE>

   LIFE OF SUMMARY IS 15.03 YEARS.
<PAGE>

                             TENGASCO, INC.                              TABLE 8
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE

<TABLE>
<CAPTION>
 GRAND SUMMARY

                                                                                       PROBABLE
     TOTAL PROPERTIES                                                                  UNDEVELOPED


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -                                                                                  5.00% -       651,021
 FINAL   -                                                                                 10.00% -       409,536
 REMARKS -                                                                                 15.00% -       258,072
                                                                                           20.00% -       160,101
                                                                                           25.00% -        95,248
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>      <C>              <C>      <C>           <C>              <C>       <C>          <C>       <C>
 2002     1         3,129           0           0           2,321           0           0.000      17.24     0.00
 2003     1         3,790           0           0           2,811           0           0.000      17.24     0.00
 2004     1         3,374           0           0           2,504           0           0.000      17.24     0.00
 2005     3         3,165           0         119           2,347           0         104.003      17.24     2.35
 2006     5         2,969           0         181           2,202           0         158.536      17.24     2.35
 2007     5         2,783           0         128           2,065           0         111.863      17.24     2.36
 2008     5         2,611           0          88           1,937           0          76.008      17.24     2.35
 2009     5         2,449           0          60           1,816           0          54.089      17.24     2.36
 2010     5         2,296           0          50           1,704           0          43.825      17.24     2.35
 2011     5         2,154           0          48           1,597           0          41.477      17.24     2.35
 2012     5         2,020           0          45           1,499           0          39.040      17.24     2.36
 2013     5         1,894           0          40           1,405           0          35.440      17.24     2.35
 2014     5         1,777           0          36           1,318           0          32.324      17.24     2.35
 2015     5         1,666           0          34           1,236           0          29.608      17.24     2.36
 2016     5         1,563           0          32           1,159           0          27.225      17.24     2.35

 SUB-TOTAL         37,640           0         861          27,921           0         753.438      17.24     2.35
 REMAINDER          2,729           0         158           2,025           0         138.187      17.24     2.36
 TOTAL             40,369           0       1,019          29,946           0         891.625      17.24     2.35
</TABLE>

 CUMULATIVE
 ULTIMATE

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>            <C>               <C>     <C>                <C>     <C>           <C>        <C>          <C>
 2002           40,013           0             0            0        40,013       1,733           0        38,280
 2003           48,469           0             0            0        48,469       2,098           0        46,371
 2004           43,157           0             0            0        43,157       1,869           0        41,288
 2005           40,475           0       244,927            0       285,402       1,753       7,348       276,301
 2006           37,959           0       373,352            0       411,311       1,643      11,200       398,468
 2007           35,601           0       263,437            0       299,038       1,542       7,903       289,593
 2008           33,389           0       178,999            0       212,388       1,445       5,371       205,572
 2009           31,314           0       127,380            0       158,694       1,356       3,821       153,517
 2010           29,368           0       103,208            0       132,576       1,272       3,097       128,207
 2011           27,543           0        97,679            0       125,222       1,193       2,930       121,099
 2012           25,832           0        91,938            0       117,770       1,118       2,758       113,894
 2013           24,226           0        83,462            0       107,688       1,049       2,504       104,135
 2014           22,721           0        76,124            0        98,845         984       2,283        95,578
 2015           21,309           0        69,726            0        91,035         923       2,092        88,020
 2016           19,985           0        64,116            0        84,101         865       1,924        81,312

 SUB-TOT       481,361           0     1,774,348            0     2,255,709      20,843      53,231     2,181,635
 REMAIN         34,900           0       325,428            0       360,328       1,511       9,762       349,055
 TOTAL         516,261           0     2,099,776            0     2,616,037      22,354      62,993     2,530,690
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>           <C>              <C>   <C>              <C>      <C>           <C>            <C>          <C>
 2002          8,180           0      91,563           0        99,743        -61,463       -61,463       -58,753
 2003         16,361           0           0           0        16,361         30,010       -31,453        25,956
 2004         16,360           0           0           0        16,360         24,928        -6,525        19,459
 2005         26,361           0     400,000           0       426,361       -150,060      -156,585      -114,746
 2006         42,760           0     200,000           0       242,760        155,708          -877        95,808
 2007         45,161           0           0           0        45,161        244,432       243,555       141,918
 2008         45,160           0           0           0        45,160        160,412       403,967        84,280
 2009         45,161           0           0           0        45,161        108,356       512,323        51,526
 2010         45,160           0           0           0        45,160         83,047       595,370        35,652
 2011         45,161           0           0           0        45,161         75,938       671,308        29,490
 2012         45,160           0           0           0        45,160         68,734       740,042        24,198
 2013         45,160           0           0           0        45,160         58,975       799,017        18,794
 2014         45,161           0           0           0        45,161         50,417       849,434        14,546
 2015         45,160           0           0           0        45,160         42,860       892,294        11,192
 2016         45,161           0           0           0        45,161         36,151       928,445         8,547

 SUBTOT      561,627           0     691,563           0     1,253,190        928,445                     387,867
 REMAIN      226,061           0           0           0       226,061        122,994     1,051,439        21,669
 TOTAL       787,688           0     691,563           0     1,479,251      1,051,439                     409,536
</TABLE>

   LIFE OF SUMMARY IS 22.26 YEARS.
<PAGE>

                             TENGASCO, INC.                              TABLE 9
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE

 GRAND SUMMARY
<TABLE>
<CAPTION>
                                                                                       TOTAL POSSIBLE
     TOTAL PROPERTIES                                                                  UNDEVELOPED


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -                                                                                  5.00% -             0
 FINAL   -                                                                                 10.00% -             0
 REMARKS - POSSIBLE UNDEVELOPED RESERVES ARE UNECONOMIC AT CURRENT PRICES.                 15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00
</TABLE>

 CUMULATIVE
 ULTIMATE

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>
<PAGE>

<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0
 2016              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0
</TABLE>

   LIFE OF SUMMARY IS 0.00 YEARS.
<PAGE>

                             TENGASCO, INC.                             TABLE 10
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE

<TABLE>
<CAPTION>
 STATE SUMMARY
                                                                                       TOTAL PROVED
     KANSAS PROPERTIES                                                                 ALL CATEGORIES


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -                                                                                  5.00% -     3,133,938
 FINAL   -                                                                                 10.00% -     2,431,317
 REMARKS - AD VALOREM TAXES ARE INCLUDED IN OPERATING COSTS.                               15.00% -     1,975,928
                                                                                           20.00% -     1,656,564
                                                                                           25.00% -     1,419,896
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>     <C>     <C>                 <C>       <C>          <C>              <C>       <C>          <C>       <C>
 2002   169       120,110           0         324          98,144           0         249.151      17.24     2.13
 2003   155       108,636           0         354          88,526           0         272.693      17.24     2.13
 2004   150        93,727           0         311          76,280           0         240.246      17.24     2.13
 2005   139        83,129           0         304          67,631           0         236.053      17.24     2.13
 2006   133        74,550           0         254          60,616           0         195.208      17.24     2.13
 2007   113        64,875           0         226          52,696           0         171.635      17.24     2.13
 2008   110        61,313           0         193          49,797           0         149.672      17.24     2.13
 2009   105        55,823           0         168          45,255           0         130.909      17.24     2.13
 2010   100        53,192           0         163          43,072           0         121.877      17.24     2.13
 2011    95        48,924           0         146          39,486           0         112.711      17.24     2.13
 2012    92        43,399           0         138          34,924           0         107.206      17.24     2.13
 2013    82        39,000           0         133          31,417           0          98.803      17.24     2.13
 2014    76        31,941           0         108          25,636           0          82.163      17.24     2.13
 2015    72        27,127           0         103          21,640           0          78.757      17.24     2.13
 2016    66        23,743           0          96          18,862           0          70.849      17.24     2.13

 SUB-TOTAL        929,489           0       3,021         753,982           0       2,317.933      17.24     2.13
 REMAINDER         97,872           0         723          77,948           0         555.940      17.24     2.13
 TOTAL          1,027,361           0       3,744         831,930           0       2,873.873      17.24     2.13

 CUMULATIVE     6,786,199           0      23,695
 ULTIMATE       7,813,560           0      27,439
</TABLE>

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>          <C>                 <C>     <C>                <C>   <C>            <C>         <C>        <C>
 2002        1,691,960           0       530,692            0     2,222,652      72,812      22,359     2,127,481
 2003        1,526,160           0       580,835            0     2,106,995      65,621      24,511     2,016,863
 2004        1,315,146           0       511,724            0     1,826,870      56,509      21,551     1,748,810
 2005        1,165,921           0       502,795            0     1,668,716      50,209      21,196     1,597,311
 2006        1,045,067           0       415,791            0     1,460,858      45,249      17,449     1,398,160
 2007          908,467           0       365,582            0     1,274,049      39,338      15,304     1,219,407
 2008          858,481           0       318,799            0     1,177,280      37,172      13,377     1,126,731
 2009          780,173           0       278,834            0     1,059,007      33,779      11,748     1,013,480
 2010          742,563           0       259,601            0     1,002,164      32,157      10,931       959,076
 2011          680,759           0       240,075            0       920,834      29,477      10,102       881,255
 2012          602,155           0       228,352            0       830,507      26,074       9,613       794,820
 2013          541,610           0       210,447            0       752,057      23,448       8,847       719,762
 2014          441,887           0       175,009            0       616,896      19,133       7,326       590,437
 2015          373,066           0       167,750            0       540,816      16,156       7,026       517,634
 2016          325,182           0       150,909            0       476,091      14,080       6,308       455,703

 SUB-TOT    12,998,597           0     4,937,195            0    17,935,792     561,214     207,648    17,166,930
 REMAIN      1,343,852           0     1,184,153            0     2,528,005      58,187      50,141     2,419,677
 TOTAL      14,342,449           0     6,121,348            0    20,463,797     619,401     257,789    19,586,607
</TABLE>
<PAGE>

<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>        <C>                 <C>   <C>               <C>   <C>              <C>           <C>           <C>
 2002      1,401,397           0     505,440           0     1,906,837        220,644       220,644       209,645
 2003      1,338,968           0      29,750           0     1,368,718        648,145       868,789       559,151
 2004      1,244,134           0           0           0     1,244,134        504,676     1,373,465       394,403
 2005      1,168,723           0      12,000           0     1,180,723        416,588     1,790,053       294,544
 2006      1,080,944           0           0           0     1,080,944        317,216     2,107,269       203,207
 2007        981,952           0           0           0       981,952        237,455     2,344,724       137,703
 2008        859,208           0           0           0       859,208        267,523     2,612,247       140,374
 2009        817,658           0           0           0       817,658        195,822     2,808,069        93,091
 2010        787,382           0      11,213           0       798,595        160,481     2,968,550        68,915
 2011        716,787           0           0           0       716,787        164,468     3,133,018        64,026
 2012        640,679           0           0           0       640,679        154,141     3,287,159        54,308
 2013        573,100           0           0           0       573,100        146,662     3,433,821        46,854
 2014        455,337           0           0           0       455,337        135,100     3,568,921        38,988
 2015        399,418           0           0           0       399,418        118,216     3,687,137        30,888
 2016        360,884           0           0           0       360,884         94,819     3,781,956        22,424

 SUBTOT   12,826,571           0     558,403           0    13,384,974      3,781,956                   2,358,521
 REMAIN    1,851,223           0           0           0     1,851,223        568,454     4,350,410        72,796
 TOTAL    14,677,794           0     558,403           0    15,236,197      4,350,410                   2,431,317
</TABLE>

   LIFE OF SUMMARY IS 38.33 YEARS.
<PAGE>

                                  TENGASCO, INC.                        TABLE 11
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE

<TABLE>
<CAPTION>
 STATE SUMMARY
                                                                                       PROVED
     KANSAS PROPERTIES                                                                 PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -                                                                                  5.00% -     2,489,150
 FINAL   -                                                                                 10.00% -     1,998,132
 REMARKS - AD VALOREM TAXES ARE INCLUDED IN OPERATING COSTS.                               15.00% -     1,684,339
                                                                                           20.00% -     1,464,910
                                                                                           25.00% -     1,301,441
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>     <C>       <C>               <C>       <C>          <C>              <C>       <C>          <C>       <C>
 2002   161       104,686           0         302          85,237           0         232.073      17.24     2.13
 2003   146        89,861           0         278          73,271           0         212.446      17.24     2.13
 2004   141        77,559           0         258          63,185           0         197.885      17.24     2.13
 2005   130        68,242           0         238          55,586           0         183.994      17.24     2.13
 2006   125        61,081           0         210          49,749           0         158.058      17.24     2.13
 2007   106        52,268           0         186          42,521           0         141.196      17.24     2.13
 2008   103        49,508           0         160          40,267           0         123.203      17.24     2.13
 2009    98        44,765           0         148          36,327           0         114.076      17.24     2.13
 2010    93        42,187           0         147          34,212           0         108.931      17.24     2.13
 2011    88        38,246           0         131          30,903           0         100.980      17.24     2.13
 2012    85        33,322           0         125          26,826           0          96.557      17.24     2.13
 2013    75        29,806           0         124          24,015           0          91.526      17.24     2.13
 2014    69        23,907           0         102          19,146           0          77.550      17.24     2.13
 2015    65        19,583           0          98          15,545           0          74.378      17.24     2.13
 2016    59        16,654           0          91          13,134           0          66.693      17.24     2.13

 SUB-TOTAL        751,675           0       2,598         609,924           0       1,979.546      17.24     2.13
 REMAINDER         60,583           0         697          47,849           0         535.077      17.24     2.13
 TOTAL            812,258           0       3,295         657,773           0       2,514.623      17.24     2.13

 CUMULATIVE     6,786,199           0      23,695
 ULTIMATE       7,598,457           0      26,990
</TABLE>

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>          <C>                 <C>     <C>                <C>   <C>            <C>         <C>        <C>
 2002        1,469,436           0       494,317            0     1,963,753      63,627      21,212     1,878,914
 2003        1,263,162           0       452,508            0     1,715,670      54,696      19,399     1,641,575
 2004        1,089,397           0       421,495            0     1,510,892      47,169      18,066     1,445,657
 2005          958,291           0       391,911            0     1,350,202      41,494      16,796     1,291,912
 2006          857,694           0       336,661            0     1,194,355      37,136      14,403     1,142,816
 2007          733,054           0       300,748            0     1,033,802      31,743      12,857       989,202
 2008          694,195           0       262,419            0       956,614      30,059      11,278       915,277
 2009          626,243           0       242,980            0       869,223      27,112      10,521       831,590
 2010          589,820           0       232,026            0       821,846      25,544      10,046       786,256
 2011          532,770           0       215,088            0       747,858      23,069       9,312       715,477
 2012          462,533           0       205,670            0       668,203      20,028       8,909       639,266
 2013          414,016           0       194,949            0       608,965      17,923       8,441       582,601
 2014          330,022           0       165,183            0       495,205      14,289       7,151       473,765
 2015          267,984           0       158,423            0       426,407      11,607       6,860       407,940
 2016          226,428           0       142,056            0       368,484       9,804       6,150       352,530

 SUB-TOT    10,515,045           0     4,216,434            0    14,731,479     455,300     181,401    14,094,778
 REMAIN        824,940           0     1,139,714            0     1,964,654      35,718      49,350     1,879,586
 TOTAL      11,339,985           0     5,356,148            0    16,696,133     491,018     230,751    15,974,364
</TABLE>
<PAGE>

<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>        <C>                 <C>         <C>         <C>   <C>              <C>           <C>           <C>
 2002      1,343,301           0           0           0     1,343,301        535,613       535,613       511,289
 2003      1,186,630           0           0           0     1,186,630        454,945       990,558       392,775
 2004      1,091,797           0           0           0     1,091,797        353,860     1,344,418       276,554
 2005      1,019,985           0           0           0     1,019,985        271,927     1,616,345       192,420
 2006        954,407           0           0           0       954,407        188,409     1,804,754       120,730
 2007        855,414           0           0           0       855,414        133,788     1,938,542        77,641
 2008        747,671           0           0           0       747,671        167,606     2,106,148        87,963
 2009        706,120           0           0           0       706,120        125,470     2,231,618        59,631
 2010        685,845           0           0           0       685,845        100,411     2,332,029        43,215
 2011        615,249           0           0           0       615,249        100,228     2,432,257        39,037
 2012        539,142           0           0           0       539,142        100,124     2,532,381        35,288
 2013        481,562           0           0           0       481,562        101,039     2,633,420        32,230
 2014        373,799           0           0           0       373,799         99,966     2,733,386        28,849
 2015        317,880           0           0           0       317,880         90,060     2,823,446        23,529
 2016        279,347           0           0           0       279,347         73,183     2,896,629        17,306

 SUBTOT   11,198,149           0           0           0    11,198,149      2,896,629                   1,938,457
 REMAIN    1,413,284           0           0           0     1,413,284        466,302     3,362,931        59,675
 TOTAL    12,611,433           0           0           0    12,611,433      3,362,931                   1,998,132

</TABLE>
   LIFE OF SUMMARY IS 38.33 YEARS.
<PAGE>

                                 TENGASCO, INC.                         TABLE 12
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE

<TABLE>
<CAPTION>
 STATE SUMMARY
                                                                                       PROVED
     KANSAS PROPERTIES                                                                 SHUT-IN


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -                                                                                  5.00% -        82,794
 FINAL   -                                                                                 10.00% -        65,490
 REMARKS - AD VALOREM TAXES ARE INCLUDED IN OPERATING COSTS.                               15.00% -        53,747
                                                                                           20.00% -        45,400
                                                                                           25.00% -        39,224
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>         <C>           <C>        <C>            <C>           <C>         <C>        <C>       <C>
 2002     2           802           0          10             702           0           7.886      17.24     2.13
 2003     2           825           0          10             721           0           8.184      17.24     2.13
 2004     2           775           0          10             679           0           7.768      17.24     2.13
 2005     2           490           0           9             429           0           7.374      17.24     2.13
 2006     1             0           0           8               0           0           6.999       0.00     2.13
 2007     1             0           0           9               0           0           6.644       0.00     2.13
 2008     1             0           0           8               0           0           6.307       0.00     2.13
 2009     1             0           0           7               0           0           5.986       0.00     2.13
 2010     1             0           0           7               0           0           5.682       0.00     2.13
 2011     1             0           0           7               0           0           5.394       0.00     2.13
 2012     1             0           0           6               0           0           5.120       0.00     2.13
 2013     1             0           0           6               0           0           4.860       0.00     2.13
 2014     1             0           0           6               0           0           4.613       0.00     2.13
 2015     1             0           0           5               0           0           4.379       0.00     2.13
 2016     1             0           0           5               0           0           4.156       0.00     2.13

 SUB-TOTAL          2,892           0         113           2,531           0          91.352      17.24     2.13
 REMAINDER              0           0          26               0           0          20.863       0.00     2.13
 TOTAL              2,892           0         139           2,531           0         112.215      17.24     2.13

 CUMULATIVE             0           0           0
 ULTIMATE           2,892           0         139
</TABLE>

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>             <C>              <C>      <C>               <C>      <C>             <C>        <C>        <C>
 2002           12,099           0        16,797            0        28,896          74         299        28,523
 2003           12,439           0        17,432            0        29,871          76         310        29,485
 2004           11,693           0        16,546            0        28,239          71         295        27,873
 2005            7,402           0        15,706            0        23,108          45         279        22,784
 2006                0           0        14,909            0        14,909           0         266        14,643
 2007                0           0        14,151            0        14,151           0         252        13,899
 2008                0           0        13,433            0        13,433           0         239        13,194
 2009                0           0        12,751            0        12,751           0         227        12,524
 2010                0           0        12,103            0        12,103           0         215        11,888
 2011                0           0        11,489            0        11,489           0         205        11,284
 2012                0           0        10,906            0        10,906           0         194        10,712
 2013                0           0        10,351            0        10,351           0         184        10,167
 2014                0           0         9,826            0         9,826           0         175         9,651
 2015                0           0         9,327            0         9,327           0         166         9,161
 2016                0           0         8,853            0         8,853           0         158         8,695

 SUB-TOT        43,633           0       194,580            0       238,213         266       3,464       234,483
 REMAIN              0           0        44,439            0        44,439           0         791        43,648
 TOTAL          43,633           0       239,019            0       282,652         266       4,255       278,131
</TABLE>
<PAGE>

<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>           <C>              <C>         <C>         <C>      <C>            <C>           <C>           <C>
 2002         15,587           0           0           0        15,587         12,936        12,936        12,271
 2003         17,004           0           0           0        17,004         12,481        25,417        10,766
 2004         17,004           0           0           0        17,004         10,869        36,286         8,487
 2005         13,404           0           0           0        13,404          9,380        45,666         6,630
 2006          6,204           0           0           0         6,204          8,439        54,105         5,397
 2007          6,204           0           0           0         6,204          7,695        61,800         4,455
 2008          6,204           0           0           0         6,204          6,990        68,790         3,664
 2009          6,204           0           0           0         6,204          6,320        75,110         2,998
 2010          6,204           0           0           0         6,204          5,684        80,794         2,441
 2011          6,204           0           0           0         6,204          5,080        85,874         1,976
 2012          6,204           0           0           0         6,204          4,508        90,382         1,586
 2013          6,204           0           0           0         6,204          3,963        94,345         1,263
 2014          6,204           0           0           0         6,204          3,447        97,792           994
 2015          6,204           0           0           0         6,204          2,957       100,749           773
 2016          6,204           0           0           0         6,204          2,491       103,240           588

 SUBTOT      131,243           0           0           0       131,243        103,240                      64,289
 REMAIN       37,224           0           0           0        37,224          6,424       109,664         1,201
 TOTAL       168,467           0           0           0       168,467        109,664                      65,490
</TABLE>

   LIFE OF SUMMARY IS 21.00 YEARS.
<PAGE>

                             TENGASCO, INC.                            TABLE 13
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE

<TABLE>
<CAPTION>
 STATE SUMMARY
                                                                                       PROVED
     KANSAS PROPERTIES                                                                 BEHIND PIPE


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -                                                                                  5.00% -       341,658
 FINAL   -                                                                                 10.00% -       272,009
 REMARKS - AD VALOREM TAXES ARE INCLUDED IN OPERATING COSTS.                               15.00% -       220,802
                                                                                           20.00% -       182,222
                                                                                           25.00% -       152,517
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>       <C>             <C>        <C>              <C>         <C>         <C>         <C>      <C>
 2002     1             0           0          12               0           0           9.191       0.00     2.13
 2003     2         3,446           0          66           2,330           0          52.063      17.24     2.13
 2004     2         3,157           0          43           2,134           0          34.593      17.24     2.13
 2005     2         2,892           0          57           1,955           0          44.684      17.24     2.13
 2006     2         2,648           0          36           1,790           0          30.151      17.24     2.13
 2007     1         2,426           0          31           1,640           0          23.795      17.24     2.13
 2008     1         2,222           0          25           1,502           0          20.162      17.24     2.13
 2009     1         2,035           0          13           1,376           0          10.847      17.24     2.13
 2010     1         2,504           0           9           1,751           0           7.264      17.24     2.13
 2011     1         2,667           0           8           1,889           0           6.337      17.24     2.13
 2012     1         2,524           0           7           1,793           0           5.529      17.24     2.13
 2013     1         2,072           0           3           1,459           0           2.416      17.24     2.13
 2014     1         1,312           0           0             887           0           0.000      17.24     0.00
 2015     1         1,202           0           0             813           0           0.000      17.24     0.00
 2016     1         1,100           0           0             744           0           0.000      17.24     0.00

 SUB-TOTAL         32,207           0         310          22,063           0         247.032      17.24     2.13
 REMAINDER          1,480           0           0           1,000           0           0.000      17.24     0.00
 TOTAL             33,687           0         310          23,063           0         247.032      17.24     2.13

 CUMULATIVE             0           0           0
 ULTIMATE          33,687           0         310
</TABLE>

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>             <C>             <C>      <C>               <C>      <C>              <C>       <C>        <C>
 2002                0           0        19,578            0        19,578           0         848        18,730
 2003           40,168           0       110,895            0       151,063       1,739       4,802       144,522
 2004           36,791           0        73,683            0       110,474       1,593       3,190       105,691
 2005           33,698           0        95,178            0       128,876       1,459       4,121       123,296
 2006           30,866           0        64,221            0        95,087       1,337       2,780        90,970
 2007           28,271           0        50,683            0        78,954       1,224       2,195        75,535
 2008           25,895           0        42,947            0        68,842       1,121       1,860        65,861
 2009           23,718           0        23,103            0        46,821       1,027       1,000        44,794
 2010           30,181           0        15,472            0        45,653       1,307         670        43,676
 2011           32,584           0        13,498            0        46,082       1,411         585        44,086
 2012           30,911           0        11,776            0        42,687       1,339         510        40,838
 2013           25,151           0         5,147            0        30,298       1,089         222        28,987
 2014           15,290           0             0            0        15,290         662           0        14,628
 2015           14,005           0             0            0        14,005         606           0        13,399
 2016           12,828           0             0            0        12,828         555           0        12,273

 SUB-TOT       380,357           0       526,181            0       906,538      16,469      22,783       867,286
 REMAIN         17,248           0             0            0        17,248         747           0        16,501
 TOTAL         397,605           0       526,181            0       923,786      17,216      22,783       883,787
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>           <C>              <C>    <C>              <C>      <C>             <C>           <C>           <C>
 2002              0           0      12,000           0        12,000          6,730         6,730         6,031
 2003         50,316           0      29,750           0        80,066         64,456        71,186        54,749
 2004         50,315           0           0           0        50,315         55,376       126,562        43,334
 2005         50,316           0      12,000           0        62,316         60,980       187,542        42,981
 2006         35,315           0           0           0        35,315         55,655       243,197        35,673
 2007         35,316           0           0           0        35,316         40,219       283,416        23,313
 2008         20,315           0           0           0        20,315         45,546       328,962        23,902
 2009         20,316           0           0           0        20,316         24,478       353,440        11,682
 2010         20,315           0      11,213           0        31,528         12,148       365,588         5,109
 2011         20,316           0           0           0        20,316         23,770       389,358         9,245
 2012         20,315           0           0           0        20,315         20,523       409,881         7,225
 2013         10,316           0           0           0        10,316         18,671       428,552         6,028
 2014         10,315           0           0           0        10,315          4,313       432,865         1,246
 2015         10,316           0           0           0        10,316          3,083       435,948           807
 2016         10,315           0           0           0        10,315          1,958       437,906           464

 SUBTOT      364,417           0      64,963           0       429,380        437,906                     271,789
 REMAIN       15,473           0           0           0        15,473          1,028       438,934           220
 TOTAL       379,890           0      64,963           0       444,853        438,934                     272,009
</TABLE>

   LIFE OF SUMMARY IS 16.50 YEARS.
<PAGE>

                                  TENGASCO, INC.                        TABLE 14
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE

<TABLE>
<CAPTION>
 STATE SUMMARY
                                                                                       PROVED
     KANSAS PROPERTIES                                                                 UNDEVELOPED


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -                                                                                  5.00% -       220,336
 FINAL   -                                                                                 10.00% -        95,686
 REMARKS - AD VALOREM TAXES ARE INCLUDED IN OPERATING COSTS.                               15.00% -        17,040
                                                                                           20.00% -       -35,968
                                                                                           25.00% -       -73,286
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>     <C>               <C>         <C>       <C>               <C>         <C>        <C>       <C>
 2002     5        14,622           0           0          12,205           0           0.000      17.24     0.00
 2003     5        14,504           0           0          12,204           0           0.000      17.24     0.00
 2004     5        12,236           0           0          10,282           0           0.000      17.24     0.00
 2005     5        11,505           0           0           9,661           0           0.000      17.24     0.00
 2006     5        10,821           0           0           9,077           0           0.000      17.24     0.00
 2007     5        10,181           0           0           8,535           0           0.000      17.24     0.00
 2008     5         9,583           0           0           8,028           0           0.000      17.24     0.00
 2009     5         9,023           0           0           7,552           0           0.000      17.24     0.00
 2010     5         8,501           0           0           7,109           0           0.000      17.24     0.00
 2011     5         8,011           0           0           6,694           0           0.000      17.24     0.00
 2012     5         7,553           0           0           6,305           0           0.000      17.24     0.00
 2013     5         7,122           0           0           5,943           0           0.000      17.24     0.00
 2014     5         6,722           0           0           5,603           0           0.000      17.24     0.00
 2015     5         6,342           0           0           5,282           0           0.000      17.24     0.00
 2016     5         5,989           0           0           4,984           0           0.000      17.24     0.00

 SUB-TOTAL        142,715           0           0         119,464           0           0.000      17.24     0.00
 REMAINDER         35,809           0           0          29,099           0           0.000      17.24     0.00
 TOTAL            178,524           0           0         148,563           0           0.000      17.24     0.00

 CUMULATIVE             0           0           0
 ULTIMATE         178,524           0           0
</TABLE>

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>            <C>               <C>           <C>          <C>     <C>           <C>             <C>     <C>
 2002          210,425           0             0            0       210,425       9,111           0       201,314
 2003          210,391           0             0            0       210,391       9,110           0       201,281
 2004          177,265           0             0            0       177,265       7,676           0       169,589
 2005          166,530           0             0            0       166,530       7,211           0       159,319
 2006          156,507           0             0            0       156,507       6,776           0       149,731
 2007          147,142           0             0            0       147,142       6,371           0       140,771
 2008          138,391           0             0            0       138,391       5,992           0       132,399
 2009          130,212           0             0            0       130,212       5,640           0       124,572
 2010          122,562           0             0            0       122,562       5,306           0       117,256
 2011          115,405           0             0            0       115,405       4,997           0       110,408
 2012          108,711           0             0            0       108,711       4,707           0       104,004
 2013          102,443           0             0            0       102,443       4,436           0        98,007
 2014           96,575           0             0            0        96,575       4,182           0        92,393
 2015           91,077           0             0            0        91,077       3,943           0        87,134
 2016           85,926           0             0            0        85,926       3,721           0        82,205

 SUB-TOT     2,059,562           0             0            0     2,059,562      89,179           0     1,970,383
 REMAIN        501,664           0             0            0       501,664      21,722           0       479,942
 TOTAL       2,561,226           0             0            0     2,561,226     110,901           0     2,450,325
</TABLE>
<PAGE>

<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>           <C>              <C>   <C>               <C>     <C>            <C>           <C>           <C>
 2002         42,509           0     493,440           0       535,949       -334,635      -334,635      -319,946
 2003         85,018           0           0           0        85,018        116,263      -218,372       100,861
 2004         85,018           0           0           0        85,018         84,571      -133,801        66,028
 2005         85,018           0           0           0        85,018         74,301       -59,500        52,513
 2006         85,018           0           0           0        85,018         64,713         5,213        41,407
 2007         85,018           0           0           0        85,018         55,753        60,966        32,294
 2008         85,018           0           0           0        85,018         47,381       108,347        24,845
 2009         85,018           0           0           0        85,018         39,554       147,901        18,780
 2010         75,018           0           0           0        75,018         42,238       190,139        18,150
 2011         75,018           0           0           0        75,018         35,390       225,529        13,768
 2012         75,018           0           0           0        75,018         28,986       254,515        10,209
 2013         75,018           0           0           0        75,018         22,989       277,504         7,333
 2014         65,019           0           0           0        65,019         27,374       304,878         7,899
 2015         65,018           0           0           0        65,018         22,116       326,994         5,779
 2016         65,018           0           0           0        65,018         17,187       344,181         4,066

 SUBTOT    1,132,762           0     493,440           0     1,626,202        344,181                      83,986
 REMAIN      385,242           0           0           0       385,242         94,700       438,881        11,700
 TOTAL     1,518,004           0     493,440           0     2,011,444        438,881                      95,686
</TABLE>

   LIFE OF SUMMARY IS 32.82 YEARS.

<PAGE>

                             TENGASCO, INC.                            TABLE 15
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE

<TABLE>
<CAPTION>
 STATE SUMMARY
                                                                                       TOTAL PROBABLE
     KANSAS PROPERTIES                                                                 UNDEVELOPED

                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -                                                                                  5.00% -        88,576
 FINAL   -                                                                                 10.00% -        57,831
 REMARKS - AD VALOREM TAXES ARE INCLUDED IN OPERATING COSTS.                               15.00% -        36,280
                                                                                           20.00% -        20,767
                                                                                           25.00% -         9,340
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF      OIL/COND.      PLANT PROD.    GAS        OIL/COND.    PLANT PROD.        GAS      OIL/COND.   GAS
  PD  WELLS       BARRELS        BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.   $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>       <C>             <C>         <C>         <C>             <C>         <C>        <C>       <C>
 2002     1         3,129           0           0           2,321           0           0.000      17.24     0.00
 2003     1         3,790           0           0           2,811           0           0.000      17.24     0.00
 2004     1         3,374           0           0           2,504           0           0.000      17.24     0.00
 2005     1         3,165           0           0           2,347           0           0.000      17.24     0.00
 2006     1         2,969           0           0           2,202           0           0.000      17.24     0.00
 2007     1         2,783           0           0           2,065           0           0.000      17.24     0.00
 2008     1         2,611           0           0           1,937           0           0.000      17.24     0.00
 2009     1         2,449           0           0           1,816           0           0.000      17.24     0.00
 2010     1         2,296           0           0           1,704           0           0.000      17.24     0.00
 2011     1         2,154           0           0           1,597           0           0.000      17.24     0.00
 2012     1         2,020           0           0           1,499           0           0.000      17.24     0.00
 2013     1         1,894           0           0           1,405           0           0.000      17.24     0.00
 2014     1         1,777           0           0           1,318           0           0.000      17.24     0.00
 2015     1         1,666           0           0           1,236           0           0.000      17.24     0.00
 2016     1         1,563           0           0           1,159           0           0.000      17.24     0.00

 SUB-TOTAL         37,640           0           0          27,921           0           0.000      17.24     0.00
 REMAINDER          2,729           0           0           2,025           0           0.000      17.24     0.00
 TOTAL             40,369           0           0          29,946           0           0.000      17.24     0.00

 CUMULATIVE             0           0           0
 ULTIMATE          40,369           0           0
</TABLE>

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>             <C>              <C>           <C>          <C>      <C>          <C>             <C>      <C>
 2002           40,013           0             0            0        40,013       1,733           0        38,280
 2003           48,469           0             0            0        48,469       2,098           0        46,371
 2004           43,157           0             0            0        43,157       1,869           0        41,288
 2005           40,475           0             0            0        40,475       1,753           0        38,722
 2006           37,959           0             0            0        37,959       1,643           0        36,316
 2007           35,601           0             0            0        35,601       1,542           0        34,059
 2008           33,389           0             0            0        33,389       1,445           0        31,944
 2009           31,314           0             0            0        31,314       1,356           0        29,958
 2010           29,368           0             0            0        29,368       1,272           0        28,096
 2011           27,543           0             0            0        27,543       1,193           0        26,350
 2012           25,832           0             0            0        25,832       1,118           0        24,714
 2013           24,226           0             0            0        24,226       1,049           0        23,177
 2014           22,721           0             0            0        22,721         984           0        21,737
 2015           21,309           0             0            0        21,309         923           0        20,386
 2016           19,985           0             0            0        19,985         865           0        19,120

 SUB-TOT       481,361           0             0            0       481,361      20,843           0       460,518
 REMAIN         34,900           0             0            0        34,900       1,511           0        33,389
 TOTAL         516,261           0             0            0       516,261      22,354           0       493,907
</TABLE>
<PAGE>

<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>    <C>              <C>      <C>            <C>           <C>           <C>
 2002          8,180           0      91,563           0        99,743        -61,463       -61,463       -58,753
 2003         16,361           0           0           0        16,361         30,010       -31,453        25,956
 2004         16,360           0           0           0        16,360         24,928        -6,525        19,459
 2005         16,361           0           0           0        16,361         22,361        15,836        15,801
 2006         16,360           0           0           0        16,360         19,956        35,792        12,766
 2007         16,361           0           0           0        16,361         17,698        53,490        10,249
 2008         16,360           0           0           0        16,360         15,584        69,074         8,169
 2009         16,361           0           0           0        16,361         13,597        82,671         6,453
 2010         16,360           0           0           0        16,360         11,736        94,407         5,043
 2011         16,361           0           0           0        16,361          9,989       104,396         3,885
 2012         16,360           0           0           0        16,360          8,354       112,750         2,942
 2013         16,360           0           0           0        16,360          6,817       119,567         2,174
 2014         16,361           0           0           0        16,361          5,376       124,943         1,552
 2015         16,360           0           0           0        16,360          4,026       128,969         1,053
 2016         16,361           0           0           0        16,361          2,759       131,728           653

 SUBTOT      237,227           0      91,563           0       328,790        131,728                      57,402
 REMAIN       31,357           0           0           0        31,357          2,032       133,760           429
 TOTAL       268,584           0      91,563           0       360,147        133,760                      57,831
</TABLE>

   LIFE OF SUMMARY IS 16.92 YEARS.
<PAGE>

                             TENGASCO, INC.                             TABLE 16
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 ARPIN SOUTH FIELD, ROOKS COUNTY, KANSAS                                               OIL LEASE
   TENGASCO, INC. - OPERATOR   8-T9S-R20W                                              PROVED
     THYFAULT #1   (ARBUCKLE)                                                          PRODUCING

                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000  0.820313                         17.24                               5.00% -         5,350
 FINAL   -   1.000000  0.820313                         17.24                              10.00% -         5,184
 REMARKS -                                                                                 15.00% -         5,026
                                                                                           20.00% -         4,876
                                                                                           25.00% -         4,734
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>       <C>             <C>         <C>         <C>             <C>         <C>        <C>       <C>
 2002     1         1,484           0           0           1,217           0           0.000      17.24     0.00
 2003     1         1,270           0           0           1,043           0           0.000      17.24     0.00
 2004     1            99           0           0              80           0           0.000      17.24     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL          2,853           0           0           2,340           0           0.000      17.24     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL              2,853           0           0           2,340           0           0.000      17.24     0.00

 CUMULATIVE        25,118           0           0
 ULTIMATE          27,971           0           0
</TABLE>

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>             <C>              <C>           <C>          <C>      <C>            <C>           <C>      <C>
 2002           20,982           0             0            0        20,982         909           0        20,073
 2003           17,972           0             0            0        17,972         778           0        17,194
 2004            1,394           0             0            0         1,394          60           0         1,334
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT        40,348           0             0            0        40,348       1,747           0        38,601
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL          40,348           0             0            0        40,348       1,747           0        38,601
</TABLE>
<PAGE>

<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>           <C>              <C>         <C>         <C>      <C>             <C>           <C>           <C>
 2002         15,876           0           0           0        15,876          4,197         4,197         4,023
 2003         15,876           0           0           0        15,876          1,318         5,515         1,152
 2004          1,323           0           0           0         1,323             11         5,526             9
 2005              0           0           0           0             0              0         5,526             0
 2006              0           0           0           0             0              0         5,526             0
 2007              0           0           0           0             0              0         5,526             0
 2008              0           0           0           0             0              0         5,526             0
 2009              0           0           0           0             0              0         5,526             0
 2010              0           0           0           0             0              0         5,526             0
 2011              0           0           0           0             0              0         5,526             0
 2012              0           0           0           0             0              0         5,526             0
 2013              0           0           0           0             0              0         5,526             0
 2014              0           0           0           0             0              0         5,526             0
 2015              0           0           0           0             0              0         5,526             0
 2016              0           0           0           0             0              0         5,526             0

 SUBTOT       33,075           0           0           0        33,075          5,526                       5,184
 REMAIN            0           0           0           0             0              0         5,526             0
 TOTAL        33,075           0           0           0        33,075          5,526                       5,184
</TABLE>

   LIFE OF EVALUATION IS 2.08 YEARS.
   FINAL PRODUCTION RATE: 99 BBLS/MO
<PAGE>

                             TENGASCO, INC.                             TABLE 17
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE

<TABLE>
<CAPTION>
 ASH CREEK FIELD, BARTON COUNTY, KANSAS                                                OIL LEASE
   TENGASCO, INC. - OPERATOR   30-T20S-R15W                                            PROVED
     UNRUH #2   (ARBUCKLE)                                                             PRODUCING

                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   0.812500                                                                       5.00% -             0
 FINAL   -   0.812500                                                                      10.00% -             0
 REMARKS -                                                                                 15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE        29,141           0           0
 ULTIMATE          29,141           0           0
</TABLE>

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>
<PAGE>

<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0
 2016              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0
</TABLE>

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0 BBLS/MO
<PAGE>


                             TENGASCO, INC.                             TABLE 18
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE

<TABLE>
<CAPTION>
 AXELSON FIELD, ROOKS COUNTY, KANSAS                                                   OIL LEASE
   TENGASCO, INC. - OPERATOR   24-T7S-R19W                                             PROVED
     AXELSON #2   (LANSING)                                                            PRODUCING

                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000  0.792969                         17.24                               5.00% -        73,479
 FINAL   -   1.000000  0.792969                         17.24                              10.00% -        58,854
 REMARKS -                                                                                 15.00% -        48,594
                                                                                           20.00% -        41,139
                                                                                           25.00% -        35,549
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>       <C>             <C>         <C>         <C>             <C>         <C>        <C>       <C>
 2002     2         2,020           0           0           1,602           0           0.000      17.24     0.00
 2003     2         1,953           0           0           1,548           0           0.000      17.24     0.00
 2004     2         1,888           0           0           1,498           0           0.000      17.24     0.00
 2005     2         1,827           0           0           1,448           0           0.000      17.24     0.00
 2006     2         1,766           0           0           1,401           0           0.000      17.24     0.00
 2007     2         1,707           0           0           1,354           0           0.000      17.24     0.00
 2008     2         1,652           0           0           1,309           0           0.000      17.24     0.00
 2009     2         1,597           0           0           1,267           0           0.000      17.24     0.00
 2010     2         1,544           0           0           1,224           0           0.000      17.24     0.00
 2011     2         1,493           0           0           1,184           0           0.000      17.24     0.00
 2012     2         1,444           0           0           1,145           0           0.000      17.24     0.00
 2013     2         1,396           0           0           1,107           0           0.000      17.24     0.00
 2014     2         1,351           0           0           1,071           0           0.000      17.24     0.00
 2015     2         1,305           0           0           1,035           0           0.000      17.24     0.00
 2016     2         1,263           0           0           1,002           0           0.000      17.24     0.00

 SUB-TOTAL         24,206           0           0          19,195           0           0.000      17.24     0.00
 REMAINDER          3,072           0           0           2,436           0           0.000      17.24     0.00
 TOTAL             27,278           0           0          21,631           0           0.000      17.24     0.00

 CUMULATIVE        59,751           0           0
 ULTIMATE          87,029           0           0
</TABLE>

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>             <C>              <C>           <C>          <C>      <C>          <C>             <C>      <C>
 2002           27,611           0             0            0        27,611       1,196           0        26,415
 2003           26,700           0             0            0        26,700       1,156           0        25,544
 2004           25,819           0             0            0        25,819       1,118           0        24,701
 2005           24,967           0             0            0        24,967       1,081           0        23,886
 2006           24,143           0             0            0        24,143       1,045           0        23,098
 2007           23,346           0             0            0        23,346       1,011           0        22,335
 2008           22,576           0             0            0        22,576         978           0        21,598
 2009           21,831           0             0            0        21,831         945           0        20,886
 2010           21,110           0             0            0        21,110         914           0        20,196
 2011           20,414           0             0            0        20,414         884           0        19,530
 2012           19,740           0             0            0        19,740         855           0        18,885
 2013           19,089           0             0            0        19,089         826           0        18,263
 2014           18,459           0             0            0        18,459         799           0        17,660
 2015           17,849           0             0            0        17,849         773           0        17,076
 2016           17,261           0             0            0        17,261         748           0        16,513

 SUB-TOT       330,915           0             0            0       330,915      14,329           0       316,586
 REMAIN         41,999           0             0            0        41,999       1,818           0        40,181
 TOTAL         372,914           0             0            0       372,914      16,147           0       356,767
</TABLE>
<PAGE>

<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>           <C>              <C>         <C>         <C>      <C>            <C>           <C>           <C>
 2002         14,880           0           0           0        14,880         11,535        11,535        10,986
 2003         14,880           0           0           0        14,880         10,664        22,199         9,194
 2004         14,880           0           0           0        14,880          9,821        32,020         7,665
 2005         14,880           0           0           0        14,880          9,006        41,026         6,363
 2006         14,880           0           0           0        14,880          8,218        49,244         5,256
 2007         14,880           0           0           0        14,880          7,455        56,699         4,317
 2008         14,880           0           0           0        14,880          6,718        63,417         3,521
 2009         14,880           0           0           0        14,880          6,006        69,423         2,850
 2010         14,880           0           0           0        14,880          5,316        74,739         2,283
 2011         14,880           0           0           0        14,880          4,650        79,389         1,808
 2012         14,880           0           0           0        14,880          4,005        83,394         1,411
 2013         14,880           0           0           0        14,880          3,383        86,777         1,078
 2014         14,880           0           0           0        14,880          2,780        89,557           802
 2015         14,880           0           0           0        14,880          2,196        91,753           574
 2016         14,880           0           0           0        14,880          1,633        93,386           387

 SUBTOT      223,200           0           0           0       223,200         93,386                      58,495
 REMAIN       38,440           0           0           0        38,440          1,741        95,127           359
 TOTAL       261,640           0           0           0       261,640         95,127                      58,854
</TABLE>

   LIFE OF EVALUATION IS 17.58 YEARS.
   FINAL PRODUCTION RATE: 95 BBLS/MO
<PAGE>


                             TENGASCO, INC.                             TABLE 19
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE

<TABLE>
<CAPTION>
 BEISEL FIELD, RUSSELL COUNTY, KANSAS                                                  OIL LEASE
   TENGASCO, INC. - OPERATOR   15-T14S-R12W                                            PROVED
     BEISEL #3   (ARBUCKLE)                                                            PRODUCING

                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000                                                                       5.00% -             0
 FINAL   -   1.000000                                                                      10.00% -             0
 REMARKS -                                                                                 15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE       166,963           0           0
 ULTIMATE         166,963           0           0
</TABLE>

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>
<PAGE>

<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0
 2016              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0
</TABLE>

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0 BBLS/MO
<PAGE>

                             TENGASCO, INC.                             TABLE 20
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                                              AS OF DECEMBER 31, 2001
                                    SEC CASE

<TABLE>
<CAPTION>
 BEISEL FIELD, RUSSELL COUNTY, KANSAS                                                  OIL LEASE
   TENGASCO, INC. - OPERATOR   15-T14S-R12W                                            PROVED
     BEISEL #9 PUD   (ARBUCKLE)                                                        UNDEVELOPED


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000  0.875000                         17.24                               5.00% -       128,776
 FINAL   -   1.000000  0.875000                         17.24                              10.00% -        82,544
 REMARKS -                                                                                 15.00% -        51,268
                                                                                           20.00% -        29,355
                                                                                           25.00% -        13,542
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>       <C>             <C>         <C>         <C>             <C>         <C>        <C>       <C>
 2002     1         1,765           0           0           1,544           0           0.000      17.24     0.00
 2003     1         3,327           0           0           2,912           0           0.000      17.24     0.00
 2004     1         3,075           0           0           2,690           0           0.000      17.24     0.00
 2005     1         2,842           0           0           2,487           0           0.000      17.24     0.00
 2006     1         2,625           0           0           2,297           0           0.000      17.24     0.00
 2007     1         2,427           0           0           2,123           0           0.000      17.24     0.00
 2008     1         2,242           0           0           1,962           0           0.000      17.24     0.00
 2009     1         2,071           0           0           1,813           0           0.000      17.24     0.00
 2010     1         1,915           0           0           1,675           0           0.000      17.24     0.00
 2011     1         1,769           0           0           1,548           0           0.000      17.24     0.00
 2012     1         1,635           0           0           1,430           0           0.000      17.24     0.00
 2013     1         1,511           0           0           1,322           0           0.000      17.24     0.00
 2014     1         1,396           0           0           1,222           0           0.000      17.24     0.00
 2015     1         1,289           0           0           1,128           0           0.000      17.24     0.00
 2016     1         1,192           0           0           1,043           0           0.000      17.24     0.00

 SUB-TOTAL         31,081           0           0          27,196           0           0.000      17.24     0.00
 REMAINDER          4,733           0           0           4,141           0           0.000      17.24     0.00
 TOTAL             35,814           0           0          31,337           0           0.000      17.24     0.00

 CUMULATIVE             0           0           0
 ULTIMATE          35,814           0           0
</TABLE>

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>             <C>              <C>           <C>          <C>      <C>          <C>             <C>      <C>
 2002           26,624           0             0            0        26,624       1,153           0        25,471
 2003           50,196           0             0            0        50,196       2,173           0        48,023
 2004           46,384           0             0            0        46,384       2,009           0        44,375
 2005           42,862           0             0            0        42,862       1,856           0        41,006
 2006           39,608           0             0            0        39,608       1,715           0        37,893
 2007           36,600           0             0            0        36,600       1,584           0        35,016
 2008           33,821           0             0            0        33,821       1,465           0        32,356
 2009           31,254           0             0            0        31,254       1,353           0        29,901
 2010           28,880           0             0            0        28,880       1,251           0        27,629
 2011           26,687           0             0            0        26,687       1,155           0        25,532
 2012           24,661           0             0            0        24,661       1,068           0        23,593
 2013           22,788           0             0            0        22,788         987           0        21,801
 2014           21,058           0             0            0        21,058         912           0        20,146
 2015           19,460           0             0            0        19,460         842           0        18,618
 2016           17,981           0             0            0        17,981         779           0        17,202

 SUB-TOT       468,864           0             0            0       468,864      20,302           0       448,562
 REMAIN         71,387           0             0            0        71,387       3,091           0        68,296
 TOTAL         540,251           0             0            0       540,251      23,393           0       516,858
</TABLE>
<PAGE>

<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>   <C>               <C>     <C>             <C>           <C>           <C>
 2002          5,562           0     100,000           0       105,562        -80,091       -80,091       -76,267
 2003         11,124           0           0           0        11,124         36,899       -43,192        31,819
 2004         11,124           0           0           0        11,124         33,251        -9,941        25,956
 2005         11,124           0           0           0        11,124         29,882        19,941        21,116
 2006         11,124           0           0           0        11,124         26,769        46,710        17,123
 2007         11,124           0           0           0        11,124         23,892        70,602        13,835
 2008         11,124           0           0           0        11,124         21,232        91,834        11,129
 2009         11,124           0           0           0        11,124         18,777       110,611         8,910
 2010         11,124           0           0           0        11,124         16,505       127,116         7,090
 2011         11,124           0           0           0        11,124         14,408       141,524         5,603
 2012         11,124           0           0           0        11,124         12,469       153,993         4,390
 2013         11,124           0           0           0        11,124         10,677       164,670         3,403
 2014         11,124           0           0           0        11,124          9,022       173,692         2,603
 2015         11,124           0           0           0        11,124          7,494       181,186         1,957
 2016         11,124           0           0           0        11,124          6,078       187,264         1,438

 SUBTOT      161,298           0     100,000           0       261,298        187,264                      80,105
 REMAIN       55,620           0           0           0        55,620         12,676       199,940         2,439
 TOTAL       216,918           0     100,000           0       316,918        199,940                      82,544
</TABLE>

   LIFE OF EVALUATION IS 20.00 YEARS.
   FINAL PRODUCTION RATE: 65 BBLS/MO
<PAGE>
                             TENGASCO, INC.                             TABLE 21
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 BIELMAN FIELD, ELLIS COUNTY, KANSAS                                                   OIL LEASE
   TENGASCO, INC. - OPERATOR   24-T15S-R18W                                            PROVED
     GRASS #5   (ARBUCKLE)                                                             PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000  0.875000                         17.24                               5.00% -         6,485
 FINAL   -   1.000000  0.875000                         17.24                              10.00% -         6,256
 REMARKS -                                                                                 15.00% -         6,040
                                                                                           20.00% -         5,836
                                                                                           25.00% -         5,643
</TABLE>
<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>       <C>             <C>         <C>         <C>             <C>         <C>        <C>       <C>
 2002     1         1,409           0           0           1,233           0           0.000      17.24     0.00
 2003     1         1,219           0           0           1,066           0           0.000      17.24     0.00
 2004     1           368           0           0             323           0           0.000      17.24     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL          2,996           0           0           2,622           0           0.000      17.24     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL              2,996           0           0           2,622           0           0.000      17.24     0.00

 CUMULATIVE       120,300           0           0
 ULTIMATE         123,296           0           0
</TABLE>
<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>             <C>              <C>           <C>          <C>      <C>            <C>           <C>      <C>
 2002           21,254           0             0            0        21,254         920           0        20,334
 2003           18,384           0             0            0        18,384         796           0        17,588
 2004            5,559           0             0            0         5,559         241           0         5,318
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT        45,197           0             0            0        45,197       1,957           0        43,240
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL          45,197           0             0            0        45,197       1,957           0        43,240
</TABLE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>           <C>              <C>         <C>         <C>      <C>             <C>           <C>           <C>
 2002         15,648           0           0           0        15,648          4,686         4,686         4,483
 2003         15,648           0           0           0        15,648          1,940         6,626         1,690
 2004          5,216           0           0           0         5,216            102         6,728            83
 2005              0           0           0           0             0              0         6,728             0
 2006              0           0           0           0             0              0         6,728             0
 2007              0           0           0           0             0              0         6,728             0
 2008              0           0           0           0             0              0         6,728             0
 2009              0           0           0           0             0              0         6,728             0
 2010              0           0           0           0             0              0         6,728             0
 2011              0           0           0           0             0              0         6,728             0
 2012              0           0           0           0             0              0         6,728             0
 2013              0           0           0           0             0              0         6,728             0
 2014              0           0           0           0             0              0         6,728             0
 2015              0           0           0           0             0              0         6,728             0
 2016              0           0           0           0             0              0         6,728             0

 SUBTOT       36,512           0           0           0        36,512          6,728                       6,256
 REMAIN            0           0           0           0             0              0         6,728             0
 TOTAL        36,512           0           0           0        36,512          6,728                       6,256

   LIFE OF EVALUATION IS 2.33 YEARS.
   FINAL PRODUCTION RATE: 90 BBLS/MO
</TABLE>
<PAGE>

                                  TENGASCO, INC.                       TABLE 22
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                                              AS OF DECEMBER 31, 2001
                                    SEC CASE

<TABLE>
<CAPTION>
 CARPENTER FIELD, EDWARDS COUNTY, KANSAS                                               OIL LEASE
   TENGASCO, INC. - OPERATOR   1-T24S-R17W                                             PROVED
     HENNING #1   (LNSG-PSLV)                                                          PRODUCING

                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   0.875000  0.708801                         17.24                               5.00% -         1,017
 FINAL   -   0.875000  0.708801                         17.24                              10.00% -           970
 REMARKS -                                                                                 15.00% -           927
                                                                                           20.00% -           887
                                                                                           25.00% -           850
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>         <C>           <C>         <C>           <C>           <C>         <C>        <C>       <C>
 2002     1           540           0           0             383           0           0.000      17.24     0.00
 2003     1           519           0           0             368           0           0.000      17.24     0.00
 2004     1           498           0           0             353           0           0.000      17.24     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL          1,557           0           0           1,104           0           0.000      17.24     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL              1,557           0           0           1,104           0           0.000      17.24     0.00

 CUMULATIVE        17,168           0           0
 ULTIMATE          18,725           0           0
</TABLE>

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>              <C>             <C>           <C>          <C>       <C>           <C>           <C>       <C>
 2002            6,603           0             0            0         6,603         286           0         6,317
 2003            6,339           0             0            0         6,339         274           0         6,065
 2004            6,085           0             0            0         6,085         264           0         5,821
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT        19,027           0             0            0        19,027         824           0        18,203
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL          19,027           0             0            0        19,027         824           0        18,203
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>         <C>         <C>       <C>              <C>           <C>           <C>
 2002          5,712           0           0           0         5,712            605           605           578
 2003          5,712           0           0           0         5,712            353           958           306
 2004          5,711           0           0           0         5,711            110         1,068            86
 2005              0           0           0           0             0              0         1,068             0
 2006              0           0           0           0             0              0         1,068             0
 2007              0           0           0           0             0              0         1,068             0
 2008              0           0           0           0             0              0         1,068             0
 2009              0           0           0           0             0              0         1,068             0
 2010              0           0           0           0             0              0         1,068             0
 2011              0           0           0           0             0              0         1,068             0
 2012              0           0           0           0             0              0         1,068             0
 2013              0           0           0           0             0              0         1,068             0
 2014              0           0           0           0             0              0         1,068             0
 2015              0           0           0           0             0              0         1,068             0
 2016              0           0           0           0             0              0         1,068             0

 SUBTOT       17,135           0           0           0        17,135          1,068                         970
 REMAIN            0           0           0           0             0              0         1,068             0
 TOTAL        17,135           0           0           0        17,135          1,068                         970
</TABLE>

   LIFE OF EVALUATION IS 3.00 YEARS.
   FINAL PRODUCTION RATE: 41 BBLS/MO
<PAGE>

                             TENGASCO, INC. TABLE 23
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE

<TABLE>
<CAPTION>
 CARROLL FIELD, BARTON COUNTY, KANSAS                                                  OIL LEASE
   TENGASCO, INC. - OPERATOR   21-T17S-R14W                                            PROVED
     KEENAN -B- #3   (ABCK-KSSC-LNSG)                                                  PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   0.992754                                                                       5.00% -             0
 FINAL   -   0.992754                                                                      10.00% -             0
 REMARKS -                                                                                 15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE       113,772           0           0
 ULTIMATE         113,772           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>
<PAGE>

<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0
 2016              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0 BBLS/MO
</TABLE>
<PAGE>


                             TENGASCO, INC.                             TABLE 24
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE

<TABLE>
<CAPTION>
 CENTERVIEW FIELD, STAFFORD COUNTY, KANSAS                                             OIL LEASE
   TENGASCO, INC. - OPERATOR   21-T24S-R13W                                            PROVED
     BECKERDITE #1   (ARBUCKLE)                                                        PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   0.937500  0.807495                         17.24                               5.00% -         8,819
 FINAL   -   0.937500  0.807495                         17.24                              10.00% -         8,247
 REMARKS -                                                                                 15.00% -         7,733
                                                                                           20.00% -         7,270
                                                                                           25.00% -         6,851
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>       <C>             <C>         <C>         <C>             <C>         <C>        <C>       <C>
 2002     1         1,389           0           0           1,122           0           0.000      17.24     0.00
 2003     1         1,307           0           0           1,055           0           0.000      17.24     0.00
 2004     1         1,227           0           0             991           0           0.000      17.24     0.00
 2005     1         1,154           0           0             932           0           0.000      17.24     0.00
 2006     1           461           0           0             372           0           0.000      17.24     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL          5,538           0           0           4,472           0           0.000      17.24     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL              5,538           0           0           4,472           0           0.000      17.24     0.00

 CUMULATIVE        26,115           0           0
 ULTIMATE          31,653           0           0
</TABLE>

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>             <C>              <C>           <C>          <C>      <C>            <C>           <C>      <C>
 2002           19,343           0             0            0        19,343         838           0        18,505
 2003           18,183           0             0            0        18,183         787           0        17,396
 2004           17,092           0             0            0        17,092         740           0        16,352
 2005           16,066           0             0            0        16,066         696           0        15,370
 2006            6,407           0             0            0         6,407         277           0         6,130
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT        77,091           0             0            0        77,091       3,338           0        73,753
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL          77,091           0             0            0        77,091       3,338           0        73,753
</TABLE>
<PAGE>

<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>           <C>              <C>         <C>         <C>      <C>             <C>           <C>           <C>
 2002         14,558           0           0           0        14,558          3,947         3,947         3,766
 2003         14,557           0           0           0        14,557          2,839         6,786         2,454
 2004         14,558           0           0           0        14,558          1,794         8,580         1,405
 2005         14,557           0           0           0        14,557            813         9,393           580
 2006          6,066           0           0           0         6,066             64         9,457            42
 2007              0           0           0           0             0              0         9,457             0
 2008              0           0           0           0             0              0         9,457             0
 2009              0           0           0           0             0              0         9,457             0
 2010              0           0           0           0             0              0         9,457             0
 2011              0           0           0           0             0              0         9,457             0
 2012              0           0           0           0             0              0         9,457             0
 2013              0           0           0           0             0              0         9,457             0
 2014              0           0           0           0             0              0         9,457             0
 2015              0           0           0           0             0              0         9,457             0
 2016              0           0           0           0             0              0         9,457             0

 SUBTOT       64,296           0           0           0        64,296          9,457                       8,247
 REMAIN            0           0           0           0             0              0         9,457             0
 TOTAL        64,296           0           0           0        64,296          9,457                       8,247
</TABLE>

   LIFE OF EVALUATION IS 4.42 YEARS.
   FINAL PRODUCTION RATE: 91 BBLS/MO
<PAGE>

                                 TENGASCO, INC.                        TABLE 25
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE

<TABLE>
<CAPTION>
 CHASE-SILICA FIELD, BARTON COUNTY, KANSAS                                             OIL LEASE
   TENGASCO, INC. - OPERATOR   10-T20S-R11W                                            PROVED
     LANDER #1                                                                         PRODUCING

                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   0.915630                                                                       5.00% -             0
 FINAL   -   0.915630                                                                      10.00% -             0
 REMARKS -                                                                                 15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE        22,627           0           0
 ULTIMATE          22,627           0           0
</TABLE>

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>
<PAGE>

<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0
 2016              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0
</TABLE>

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0 BBLS/MO
<PAGE>

                             TENGASCO, INC.                             TABLE 26
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE

<TABLE>
<CAPTION>
 CHASE-SILICA FIELD, BARTON COUNTY, KANSAS                                             OIL LEASE
   TENGASCO, INC. - OPERATOR   10-T20S-R11W                                            PROBABLE
     LANDER #3 PBUD   (ARBUCKLE)                                                       UNDEVELOPED


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   0.915630  0.741803                         17.24                               5.00% -        88,576
 FINAL   -   0.915630  0.741803                         17.24                              10.00% -        57,831
 REMARKS -                                                                                 15.00% -        36,280
                                                                                           20.00% -        20,767
                                                                                           25.00% -         9,340
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>       <C>             <C>         <C>         <C>             <C>         <C>        <C>       <C>
 2002     1         3,129           0           0           2,321           0           0.000      17.24     0.00
 2003     1         3,790           0           0           2,811           0           0.000      17.24     0.00
 2004     1         3,374           0           0           2,504           0           0.000      17.24     0.00
 2005     1         3,165           0           0           2,347           0           0.000      17.24     0.00
 2006     1         2,969           0           0           2,202           0           0.000      17.24     0.00
 2007     1         2,783           0           0           2,065           0           0.000      17.24     0.00
 2008     1         2,611           0           0           1,937           0           0.000      17.24     0.00
 2009     1         2,449           0           0           1,816           0           0.000      17.24     0.00
 2010     1         2,296           0           0           1,704           0           0.000      17.24     0.00
 2011     1         2,154           0           0           1,597           0           0.000      17.24     0.00
 2012     1         2,020           0           0           1,499           0           0.000      17.24     0.00
 2013     1         1,894           0           0           1,405           0           0.000      17.24     0.00
 2014     1         1,777           0           0           1,318           0           0.000      17.24     0.00
 2015     1         1,666           0           0           1,236           0           0.000      17.24     0.00
 2016     1         1,563           0           0           1,159           0           0.000      17.24     0.00

 SUB-TOTAL         37,640           0           0          27,921           0           0.000      17.24     0.00
 REMAINDER          2,729           0           0           2,025           0           0.000      17.24     0.00
 TOTAL             40,369           0           0          29,946           0           0.000      17.24     0.00

 CUMULATIVE             0           0           0
 ULTIMATE          40,369           0           0
</TABLE>

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>             <C>              <C>           <C>          <C>      <C>          <C>             <C>      <C>
 2002           40,013           0             0            0        40,013       1,733           0        38,280
 2003           48,469           0             0            0        48,469       2,098           0        46,371
 2004           43,157           0             0            0        43,157       1,869           0        41,288
 2005           40,475           0             0            0        40,475       1,753           0        38,722
 2006           37,959           0             0            0        37,959       1,643           0        36,316
 2007           35,601           0             0            0        35,601       1,542           0        34,059
 2008           33,389           0             0            0        33,389       1,445           0        31,944
 2009           31,314           0             0            0        31,314       1,356           0        29,958
 2010           29,368           0             0            0        29,368       1,272           0        28,096
 2011           27,543           0             0            0        27,543       1,193           0        26,350
 2012           25,832           0             0            0        25,832       1,118           0        24,714
 2013           24,226           0             0            0        24,226       1,049           0        23,177
 2014           22,721           0             0            0        22,721         984           0        21,737
 2015           21,309           0             0            0        21,309         923           0        20,386
 2016           19,985           0             0            0        19,985         865           0        19,120

 SUB-TOT       481,361           0             0            0       481,361      20,843           0       460,518
 REMAIN         34,900           0             0            0        34,900       1,511           0        33,389
 TOTAL         516,261           0             0            0       516,261      22,354           0       493,907
</TABLE>
<PAGE>

<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>    <C>              <C>      <C>            <C>           <C>           <C>
 2002          8,180           0      91,563           0        99,743        -61,463       -61,463       -58,753
 2003         16,361           0           0           0        16,361         30,010       -31,453        25,956
 2004         16,360           0           0           0        16,360         24,928        -6,525        19,459
 2005         16,361           0           0           0        16,361         22,361        15,836        15,801
 2006         16,360           0           0           0        16,360         19,956        35,792        12,766
 2007         16,361           0           0           0        16,361         17,698        53,490        10,249
 2008         16,360           0           0           0        16,360         15,584        69,074         8,169
 2009         16,361           0           0           0        16,361         13,597        82,671         6,453
 2010         16,360           0           0           0        16,360         11,736        94,407         5,043
 2011         16,361           0           0           0        16,361          9,989       104,396         3,885
 2012         16,360           0           0           0        16,360          8,354       112,750         2,942
 2013         16,360           0           0           0        16,360          6,817       119,567         2,174
 2014         16,361           0           0           0        16,361          5,376       124,943         1,552
 2015         16,360           0           0           0        16,360          4,026       128,969         1,053
 2016         16,361           0           0           0        16,361          2,759       131,728           653

 SUBTOT      237,227           0      91,563           0       328,790        131,728                      57,402
 REMAIN       31,357           0           0           0        31,357          2,032       133,760           429
 TOTAL       268,584           0      91,563           0       360,147        133,760                      57,831
</TABLE>

   LIFE OF EVALUATION IS 16.92 YEARS.
   FINAL PRODUCTION RATE: 112 BBLS/MO
<PAGE>

                                 TENGASCO, INC.                         TABLE 27
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE

<TABLE>
<CAPTION>
 CHASE-SILICA FIELD, BARTON COUNTY, KANSAS                                             OIL LEASE
   TENGASCO, INC. - OPERATOR   3-T20S-R11W                                             PROVED
     ROSE, CHARLES #3                                                                  PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000  0.875000                         17.24                               5.00% -        37,763
 FINAL   -   1.000000  0.875000                         17.24                              10.00% -        32,754
 REMARKS -                                                                                 15.00% -        28,754
                                                                                           20.00% -        25,520
                                                                                           25.00% -        22,871
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>       <C>             <C>         <C>         <C>             <C>         <C>        <C>       <C>
 2002     3         1,735           0           0           1,518           0           0.000      17.24     0.00
 2003     3         1,659           0           0           1,452           0           0.000      17.24     0.00
 2004     3         1,586           0           0           1,387           0           0.000      17.24     0.00
 2005     3         1,516           0           0           1,327           0           0.000      17.24     0.00
 2006     3         1,449           0           0           1,268           0           0.000      17.24     0.00
 2007     3         1,386           0           0           1,213           0           0.000      17.24     0.00
 2008     3         1,325           0           0           1,159           0           0.000      17.24     0.00
 2009     3         1,266           0           0           1,108           0           0.000      17.24     0.00
 2010     3         1,211           0           0           1,059           0           0.000      17.24     0.00
 2011     3         1,157           0           0           1,013           0           0.000      17.24     0.00
 2012     3           188           0           0             164           0           0.000      17.24     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL         14,478           0           0          12,668           0           0.000      17.24     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL             14,478           0           0          12,668           0           0.000      17.24     0.00

 CUMULATIVE        92,973           0           0
 ULTIMATE         107,451           0           0
</TABLE>

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>             <C>              <C>           <C>          <C>      <C>          <C>             <C>      <C>
 2002           26,176           0             0            0        26,176       1,133           0        25,043
 2003           25,024           0             0            0        25,024       1,084           0        23,940
 2004           23,923           0             0            0        23,923       1,036           0        22,887
 2005           22,871           0             0            0        22,871         990           0        21,881
 2006           21,864           0             0            0        21,864         947           0        20,917
 2007           20,902           0             0            0        20,902         905           0        19,997
 2008           19,982           0             0            0        19,982         865           0        19,117
 2009           19,104           0             0            0        19,104         827           0        18,277
 2010           18,262           0             0            0        18,262         791           0        17,471
 2011           17,459           0             0            0        17,459         756           0        16,703
 2012            2,835           0             0            0         2,835         123           0         2,712
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT       218,402           0             0            0       218,402       9,457           0       208,945
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL         218,402           0             0            0       218,402       9,457           0       208,945
</TABLE>

<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>           <C>              <C>         <C>         <C>      <C>             <C>           <C>           <C>
 2002         16,212           0           0           0        16,212          8,831         8,831         8,414
 2003         16,212           0           0           0        16,212          7,728        16,559         6,666
 2004         16,212           0           0           0        16,212          6,675        23,234         5,213
 2005         16,212           0           0           0        16,212          5,669        28,903         4,008
 2006         16,212           0           0           0        16,212          4,705        33,608         3,012
 2007         16,212           0           0           0        16,212          3,785        37,393         2,194
 2008         16,212           0           0           0        16,212          2,905        40,298         1,525
 2009         16,212           0           0           0        16,212          2,065        42,363           982
 2010         16,212           0           0           0        16,212          1,259        43,622           543
 2011         16,212           0           0           0        16,212            491        44,113           193
 2012          2,702           0           0           0         2,702             10        44,123             4
 2013              0           0           0           0             0              0        44,123             0
 2014              0           0           0           0             0              0        44,123             0
 2015              0           0           0           0             0              0        44,123             0
 2016              0           0           0           0             0              0        44,123             0

 SUBTOT      164,822           0           0           0       164,822         44,123                      32,754
 REMAIN            0           0           0           0             0              0        44,123             0
 TOTAL       164,822           0           0           0       164,822         44,123                      32,754
</TABLE>

   LIFE OF EVALUATION IS 10.17 YEARS.
   FINAL PRODUCTION RATE: 94 BBLS/MO
<PAGE>

                                 TENGASCO, INC.                        TABLE 28
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE

<TABLE>
<CAPTION>
 CHEYENNE FIELD, BARTON COUNTY, KANSAS                                                 OIL LEASE
   TENGASCO, INC. - OPERATOR   2-T19S-R12W                                             PROVED
     HAMMEKE #1   (SIMPSON)                                                            PRODUCING

                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000  0.833984                         17.24                               5.00% -        92,956
 FINAL   -   1.000000  0.833984                         17.24                              10.00% -        73,962
 REMARKS -                                                                                 15.00% -        60,887
                                                                                           20.00% -        51,517
                                                                                           25.00% -        44,558
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>       <C>             <C>         <C>         <C>             <C>         <C>        <C>       <C>
 2002     1         1,848           0           0           1,541           0           0.000      17.24     0.00
 2003     1         1,690           0           0           1,410           0           0.000      17.24     0.00
 2004     1         1,614           0           0           1,346           0           0.000      17.24     0.00
 2005     1         1,542           0           0           1,285           0           0.000      17.24     0.00
 2006     1         1,472           0           0           1,228           0           0.000      17.24     0.00
 2007     1         1,406           0           0           1,172           0           0.000      17.24     0.00
 2008     1         1,342           0           0           1,120           0           0.000      17.24     0.00
 2009     1         1,282           0           0           1,069           0           0.000      17.24     0.00
 2010     1         1,225           0           0           1,022           0           0.000      17.24     0.00
 2011     1         1,169           0           0             975           0           0.000      17.24     0.00
 2012     1         1,117           0           0             931           0           0.000      17.24     0.00
 2013     1         1,066           0           0             889           0           0.000      17.24     0.00
 2014     1         1,019           0           0             850           0           0.000      17.24     0.00
 2015     1           972           0           0             811           0           0.000      17.24     0.00
 2016     1           929           0           0             775           0           0.000      17.24     0.00

 SUB-TOTAL         19,693           0           0          16,424           0           0.000      17.24     0.00
 REMAINDER          3,504           0           0           2,922           0           0.000      17.24     0.00
 TOTAL             23,197           0           0          19,346           0           0.000      17.24     0.00

 CUMULATIVE        36,825           0           0
 ULTIMATE          60,022           0           0
</TABLE>

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>             <C>              <C>           <C>          <C>      <C>          <C>             <C>      <C>
 2002           26,572           0             0            0        26,572       1,151           0        25,421
 2003           24,300           0             0            0        24,300       1,052           0        23,248
 2004           23,207           0             0            0        23,207       1,005           0        22,202
 2005           22,162           0             0            0        22,162         959           0        21,203
 2006           21,165           0             0            0        21,165         917           0        20,248
 2007           20,212           0             0            0        20,212         875           0        19,337
 2008           19,303           0             0            0        19,303         836           0        18,467
 2009           18,434           0             0            0        18,434         798           0        17,636
 2010           17,605           0             0            0        17,605         762           0        16,843
 2011           16,812           0             0            0        16,812         728           0        16,084
 2012           16,056           0             0            0        16,056         695           0        15,361
 2013           15,333           0             0            0        15,333         664           0        14,669
 2014           14,644           0             0            0        14,644         634           0        14,010
 2015           13,984           0             0            0        13,984         606           0        13,378
 2016           13,355           0             0            0        13,355         578           0        12,777

 SUB-TOT       283,144           0             0            0       283,144      12,260           0       270,884
 REMAIN         50,374           0             0            0        50,374       2,181           0        48,193
 TOTAL         333,518           0             0            0       333,518      14,441           0       319,077
</TABLE>
<PAGE>

<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>           <C>              <C>         <C>         <C>      <C>            <C>           <C>           <C>
 2002         10,248           0           0           0        10,248         15,173        15,173        14,491
 2003         10,248           0           0           0        10,248         13,000        28,173        11,208
 2004         10,248           0           0           0        10,248         11,954        40,127         9,330
 2005         10,248           0           0           0        10,248         10,955        51,082         7,740
 2006         10,248           0           0           0        10,248         10,000        61,082         6,396
 2007         10,248           0           0           0        10,248          9,089        70,171         5,262
 2008         10,248           0           0           0        10,248          8,219        78,390         4,308
 2009         10,248           0           0           0        10,248          7,388        85,778         3,505
 2010         10,248           0           0           0        10,248          6,595        92,373         2,833
 2011         10,248           0           0           0        10,248          5,836        98,209         2,269
 2012         10,248           0           0           0        10,248          5,113       103,322         1,800
 2013         10,248           0           0           0        10,248          4,421       107,743         1,408
 2014         10,248           0           0           0        10,248          3,762       111,505         1,086
 2015         10,248           0           0           0        10,248          3,130       114,635           817
 2016         10,248           0           0           0        10,248          2,529       117,164           599

 SUBTOT      153,720           0           0           0       153,720        117,164                      73,052
 REMAIN       43,554           0           0           0        43,554          4,639       121,803           910
 TOTAL       197,274           0           0           0       197,274        121,803                      73,962

   LIFE OF EVALUATION IS 19.25 YEARS.
   FINAL PRODUCTION RATE: 62 BBLS/MO
</TABLE>
<PAGE>

                             TENGASCO, INC.                             TABLE 29
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE

<TABLE>
<CAPTION>
 CONVERSE FIELD, BARTON COUNTY, KANSAS                                                 OIL LEASE
   TENGASCO, INC. - OPERATOR   19-T20S-R15W                                            PROVED
     IANNITTI #2   (ARBUCKLE)                                                          PRODUCING

                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000                                                                       5.00% -             0
 FINAL   -   1.000000                                                                      10.00% -             0
 REMARKS -                                                                                 15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE       115,942           0           0
 ULTIMATE         115,942           0           0
</TABLE>

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>
<PAGE>

<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0
 2016              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0
</TABLE>

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0 BBLS/MO
<PAGE>

                                  TENGASCO, INC.                       TABLE 30
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE

<TABLE>
<CAPTION>
 CONVERSE FIELD, BARTON COUNTY, KANSAS                                                 OIL LEASE
   TENGASCO, INC. - OPERATOR   19-T20S-R15W                                            PROVED
     IANNITTI #9 PUD   (ARBUCKLE)                                                      UNDEVELOPED

                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000  0.875000                         17.24                               5.00% -        75,218
 FINAL   -   1.000000  0.875000                         17.24                              10.00% -        48,181
 REMARKS -                                                                                 15.00% -        29,361
                                                                                           20.00% -        15,857
                                                                                           25.00% -         5,914
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>       <C>             <C>         <C>         <C>             <C>         <C>        <C>       <C>
 2002     1         3,116           0           0           2,727           0           0.000      17.24     0.00
 2003     1         2,615           0           0           2,287           0           0.000      17.24     0.00
 2004     1         1,977           0           0           1,731           0           0.000      17.24     0.00
 2005     1         1,810           0           0           1,584           0           0.000      17.24     0.00
 2006     1         1,657           0           0           1,449           0           0.000      17.24     0.00
 2007     1         1,516           0           0           1,327           0           0.000      17.24     0.00
 2008     1         1,388           0           0           1,214           0           0.000      17.24     0.00
 2009     1         1,270           0           0           1,111           0           0.000      17.24     0.00
 2010     1         1,162           0           0           1,017           0           0.000      17.24     0.00
 2011     1         1,064           0           0             931           0           0.000      17.24     0.00
 2012     1           974           0           0             852           0           0.000      17.24     0.00
 2013     1           891           0           0             780           0           0.000      17.24     0.00
 2014     1           816           0           0             714           0           0.000      17.24     0.00
 2015     1           747           0           0             653           0           0.000      17.24     0.00
 2016     1           683           0           0             598           0           0.000      17.24     0.00

 SUB-TOTAL         21,686           0           0          18,975           0           0.000      17.24     0.00
 REMAINDER          1,886           0           0           1,651           0           0.000      17.24     0.00
 TOTAL             23,572           0           0          20,626           0           0.000      17.24     0.00

 CUMULATIVE             0           0           0
 ULTIMATE          23,572           0           0
</TABLE>

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>             <C>              <C>           <C>          <C>      <C>          <C>             <C>      <C>
 2002           47,008           0             0            0        47,008       2,035           0        44,973
 2003           39,441           0             0            0        39,441       1,708           0        37,733
 2004           29,832           0             0            0        29,832       1,292           0        28,540
 2005           27,303           0             0            0        27,303       1,182           0        26,121
 2006           24,990           0             0            0        24,990       1,082           0        23,908
 2007           22,872           0             0            0        22,872         991           0        21,881
 2008           20,933           0             0            0        20,933         906           0        20,027
 2009           19,159           0             0            0        19,159         830           0        18,329
 2010           17,536           0             0            0        17,536         759           0        16,777
 2011           16,049           0             0            0        16,049         695           0        15,354
 2012           14,689           0             0            0        14,689         636           0        14,053
 2013           13,445           0             0            0        13,445         582           0        12,863
 2014           12,305           0             0            0        12,305         533           0        11,772
 2015           11,262           0             0            0        11,262         487           0        10,775
 2016           10,307           0             0            0        10,307         447           0         9,860

 SUB-TOT       327,131           0             0            0       327,131      14,165           0       312,966
 REMAIN         28,454           0             0            0        28,454       1,232           0        27,222
 TOTAL         355,585           0             0            0       355,585      15,397           0       340,188
</TABLE>

<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>   <C>               <C>     <C>             <C>           <C>           <C>
 2002          3,498           0     100,000           0       103,498        -58,525       -58,525       -56,139
 2003          6,996           0           0           0         6,996         30,737       -27,788        26,696
 2004          6,996           0           0           0         6,996         21,544        -6,244        16,819
 2005          6,996           0           0           0         6,996         19,125        12,881        13,515
 2006          6,996           0           0           0         6,996         16,912        29,793        10,820
 2007          6,996           0           0           0         6,996         14,885        44,678         8,620
 2008          6,996           0           0           0         6,996         13,031        57,709         6,831
 2009          6,996           0           0           0         6,996         11,333        69,042         5,379
 2010          6,996           0           0           0         6,996          9,781        78,823         4,202
 2011          6,996           0           0           0         6,996          8,358        87,181         3,251
 2012          6,996           0           0           0         6,996          7,057        94,238         2,485
 2013          6,996           0           0           0         6,996          5,867       100,105         1,870
 2014          6,996           0           0           0         6,996          4,776       104,881         1,379
 2015          6,996           0           0           0         6,996          3,779       108,660           987
 2016          6,996           0           0           0         6,996          2,864       111,524           678

 SUBTOT      101,442           0     100,000           0       201,442        111,524                      47,393
 REMAIN       23,320           0           0           0        23,320          3,902       115,426           788
 TOTAL       124,762           0     100,000           0       224,762        115,426                      48,181
</TABLE>

   LIFE OF EVALUATION IS 18.33 YEARS.
   FINAL PRODUCTION RATE: 41 BBLS/MO
<PAGE>

                               TENGASCO, INC.                          TABLE 31
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE

<TABLE>
<CAPTION>
 COOPER FIELD, GRAHAM COUNTY, KANSAS                                                   OIL LEASE
   TENGASCO, INC. - OPERATOR   4-T10S-R21W                                             PROVED
     DEYOUNG #1   (ABCK-TOPK)                                                          PRODUCING

                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000  0.875000                         17.24                               5.00% -           150
 FINAL   -   1.000000  0.875000                         17.24                              10.00% -           149
 REMARKS -                                                                                 15.00% -           147
                                                                                           20.00% -           146
                                                                                           25.00% -           145
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>         <C>           <C>         <C>           <C>           <C>         <C>        <C>       <C>
 2002     2           919           0           0             804           0           0.000      17.24     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL            919           0           0             804           0           0.000      17.24     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                919           0           0             804           0           0.000      17.24     0.00

 CUMULATIVE        59,167           0           0
 ULTIMATE          60,086           0           0
</TABLE>

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>             <C>              <C>           <C>          <C>      <C>            <C>           <C>      <C>
 2002           13,867           0             0            0        13,867         600           0        13,267
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT        13,867           0             0            0        13,867         600           0        13,267
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL          13,867           0             0            0        13,867         600           0        13,267
</TABLE>
<PAGE>

<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>           <C>              <C>         <C>         <C>      <C>               <C>           <C>           <C>
 2002         13,116           0           0           0        13,116            151           151           149
 2003              0           0           0           0             0              0           151             0
 2004              0           0           0           0             0              0           151             0
 2005              0           0           0           0             0              0           151             0
 2006              0           0           0           0             0              0           151             0
 2007              0           0           0           0             0              0           151             0
 2008              0           0           0           0             0              0           151             0
 2009              0           0           0           0             0              0           151             0
 2010              0           0           0           0             0              0           151             0
 2011              0           0           0           0             0              0           151             0
 2012              0           0           0           0             0              0           151             0
 2013              0           0           0           0             0              0           151             0
 2014              0           0           0           0             0              0           151             0
 2015              0           0           0           0             0              0           151             0
 2016              0           0           0           0             0              0           151             0

 SUBTOT       13,116           0           0           0        13,116            151                         149
 REMAIN            0           0           0           0             0              0           151             0
 TOTAL        13,116           0           0           0        13,116            151                         149

   LIFE OF EVALUATION IS 0.50 YEARS.
   FINAL PRODUCTION RATE: 152 BBLS/MO
</TABLE>
<PAGE>

                                  TENGASCO, INC.                       TABLE 32
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE

<TABLE>
<CAPTION>
 COOPER FIELD, GRAHAM COUNTY, KANSAS                                                   OIL LEASE
   TENGASCO, INC. - OPERATOR   9-T10S-R21W                                             PROVED
     LEWIS #1   (LANSING)                                                              PRODUCING

                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000  0.875000                         17.24                               5.00% -        51,791
 FINAL   -   1.000000  0.875000                         17.24                              10.00% -        42,401
 REMARKS -                                                                                 15.00% -        35,624
                                                                                           20.00% -        30,587
                                                                                           25.00% -        26,739
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>       <C>             <C>         <C>         <C>             <C>         <C>        <C>       <C>
 2002     2         1,351           0           0           1,182           0           0.000      17.24     0.00
 2003     2         1,221           0           0           1,069           0           0.000      17.24     0.00
 2004     2         1,173           0           0           1,026           0           0.000      17.24     0.00
 2005     2         1,126           0           0             985           0           0.000      17.24     0.00
 2006     2         1,081           0           0             946           0           0.000      17.24     0.00
 2007     2         1,037           0           0             908           0           0.000      17.24     0.00
 2008     2           996           0           0             871           0           0.000      17.24     0.00
 2009     2           957           0           0             837           0           0.000      17.24     0.00
 2010     2           917           0           0             803           0           0.000      17.24     0.00
 2011     2           882           0           0             771           0           0.000      17.24     0.00
 2012     2           846           0           0             740           0           0.000      17.24     0.00
 2013     2           812           0           0             711           0           0.000      17.24     0.00
 2014     2           780           0           0             682           0           0.000      17.24     0.00
 2015     2           748           0           0             655           0           0.000      17.24     0.00
 2016     2           719           0           0             629           0           0.000      17.24     0.00

 SUB-TOTAL         14,646           0           0          12,815           0           0.000      17.24     0.00
 REMAINDER            689           0           0             603           0           0.000      17.24     0.00
 TOTAL             15,335           0           0          13,418           0           0.000      17.24     0.00

 CUMULATIVE        81,020           0           0
 ULTIMATE          96,355           0           0
</TABLE>

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>             <C>              <C>           <C>          <C>      <C>            <C>           <C>      <C>
 2002           20,378           0             0            0        20,378         882           0        19,496
 2003           18,428           0             0            0        18,428         798           0        17,630
 2004           17,690           0             0            0        17,690         766           0        16,924
 2005           16,983           0             0            0        16,983         736           0        16,247
 2006           16,303           0             0            0        16,303         706           0        15,597
 2007           15,652           0             0            0        15,652         677           0        14,975
 2008           15,025           0             0            0        15,025         651           0        14,374
 2009           14,424           0             0            0        14,424         624           0        13,800
 2010           13,848           0             0            0        13,848         600           0        13,248
 2011           13,293           0             0            0        13,293         576           0        12,717
 2012           12,762           0             0            0        12,762         552           0        12,210
 2013           12,251           0             0            0        12,251         531           0        11,720
 2014           11,761           0             0            0        11,761         509           0        11,252
 2015           11,291           0             0            0        11,291         489           0        10,802
 2016           10,839           0             0            0        10,839         469           0        10,370

 SUB-TOT       220,928           0             0            0       220,928       9,566           0       211,362
 REMAIN         10,405           0             0            0        10,405         451           0         9,954
 TOTAL         231,333           0             0            0       231,333      10,017           0       221,316
</TABLE>

<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>         <C>         <C>       <C>            <C>           <C>           <C>
 2002          9,756           0           0           0         9,756          9,740         9,740         9,295
 2003          9,756           0           0           0         9,756          7,874        17,614         6,789
 2004          9,756           0           0           0         9,756          7,168        24,782         5,595
 2005          9,756           0           0           0         9,756          6,491        31,273         4,587
 2006          9,756           0           0           0         9,756          5,841        37,114         3,736
 2007          9,756           0           0           0         9,756          5,219        42,333         3,022
 2008          9,756           0           0           0         9,756          4,618        46,951         2,421
 2009          9,756           0           0           0         9,756          4,044        50,995         1,919
 2010          9,756           0           0           0         9,756          3,492        54,487         1,500
 2011          9,756           0           0           0         9,756          2,961        57,448         1,152
 2012          9,756           0           0           0         9,756          2,454        59,902           864
 2013          9,756           0           0           0         9,756          1,964        61,866           627
 2014          9,756           0           0           0         9,756          1,496        63,362           432
 2015          9,756           0           0           0         9,756          1,046        64,408           274
 2016          9,756           0           0           0         9,756            614        65,022           145

 SUBTOT      146,340           0           0           0       146,340         65,022                      42,358
 REMAIN        9,756           0           0           0         9,756            198        65,220            43
 TOTAL       156,096           0           0           0       156,096         65,220                      42,401
</TABLE>

   LIFE OF EVALUATION IS 16.00 YEARS.
   FINAL PRODUCTION RATE: 56 BBLS/MO
<PAGE>

                                  TENGASCO, INC.                       TABLE 33
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE

<TABLE>
<CAPTION>
 DAVIDSON FIELD, RUSSELL COUNTY, KANSAS                                                OIL LEASE
   TENGASCO, INC. - OPERATOR   33-T15S-R11W                                            PROVED
     FOSTER #1   (ARBUCKLE)                                                            PRODUCING

                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000  0.847656                         17.24                               5.00% -        31,481
 FINAL   -   1.000000  0.847656                         17.24                              10.00% -        29,277
 REMARKS -                                                                                 15.00% -        27,314
                                                                                           20.00% -        25,559
                                                                                           25.00% -        23,986
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>       <C>             <C>         <C>         <C>             <C>         <C>        <C>       <C>
 2002     4         2,822           0           0           2,392           0           0.000      17.24     0.00
 2003     4         2,567           0           0           2,176           0           0.000      17.24     0.00
 2004     4         2,337           0           0           1,981           0           0.000      17.24     0.00
 2005     4         2,126           0           0           1,802           0           0.000      17.24     0.00
 2006     4         1,625           0           0           1,378           0           0.000      17.24     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL         11,477           0           0           9,729           0           0.000      17.24     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL             11,477           0           0           9,729           0           0.000      17.24     0.00

 CUMULATIVE       150,633           0           0
 ULTIMATE         162,110           0           0
</TABLE>

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>             <C>              <C>           <C>          <C>      <C>          <C>             <C>      <C>
 2002           41,234           0             0            0        41,234       1,785           0        39,449
 2003           37,524           0             0            0        37,524       1,625           0        35,899
 2004           34,146           0             0            0        34,146       1,479           0        32,667
 2005           31,073           0             0            0        31,073       1,345           0        29,728
 2006           23,747           0             0            0        23,747       1,028           0        22,719
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT       167,724           0             0            0       167,724       7,262           0       160,462
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL         167,724           0             0            0       167,724       7,262           0       160,462
</TABLE>
<PAGE>

<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>           <C>              <C>         <C>         <C>      <C>            <C>           <C>           <C>
 2002         26,172           0           0           0        26,172         13,277        13,277        12,666
 2003         26,172           0           0           0        26,172          9,727        23,004         8,405
 2004         26,172           0           0           0        26,172          6,495        29,499         5,086
 2005         26,172           0           0           0        26,172          3,556        33,055         2,527
 2006         21,810           0           0           0        21,810            909        33,964           593
 2007              0           0           0           0             0              0        33,964             0
 2008              0           0           0           0             0              0        33,964             0
 2009              0           0           0           0             0              0        33,964             0
 2010              0           0           0           0             0              0        33,964             0
 2011              0           0           0           0             0              0        33,964             0
 2012              0           0           0           0             0              0        33,964             0
 2013              0           0           0           0             0              0        33,964             0
 2014              0           0           0           0             0              0        33,964             0
 2015              0           0           0           0             0              0        33,964             0
 2016              0           0           0           0             0              0        33,964             0

 SUBTOT      126,498           0           0           0       126,498         33,964                      29,277
 REMAIN            0           0           0           0             0              0        33,964             0
 TOTAL       126,498           0           0           0       126,498         33,964                      29,277
</TABLE>

   LIFE OF EVALUATION IS 4.83 YEARS.
   FINAL PRODUCTION RATE: 157 BBLS/MO
<PAGE>

                                  TENGASCO, INC.                       TABLE 34
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE

<TABLE>
<CAPTION>
 DISTRICT 57 FIELD, ELLIS COUNTY, KANSAS                                               OIL LEASE
   TENGASCO, INC. - OPERATOR   28-T12S-R20W                                            PROVED
     FLAX -F- #1   (KSSC-LNSG)                                                         PRODUCING

                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000  0.875000                         17.24                               5.00% -         9,363
 FINAL   -   1.000000  0.875000                         17.24                              10.00% -         8,186
 REMARKS -                                                                                 15.00% -         7,232
                                                                                           20.00% -         6,452
                                                                                           25.00% -         5,806
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>         <C>           <C>         <C>           <C>           <C>         <C>        <C>       <C>
 2002     1           737           0           0             645           0           0.000      17.24     0.00
 2003     1           717           0           0             627           0           0.000      17.24     0.00
 2004     1           697           0           0             610           0           0.000      17.24     0.00
 2005     1           679           0           0             594           0           0.000      17.24     0.00
 2006     1           660           0           0             578           0           0.000      17.24     0.00
 2007     1           643           0           0             562           0           0.000      17.24     0.00
 2008     1           625           0           0             547           0           0.000      17.24     0.00
 2009     1           608           0           0             533           0           0.000      17.24     0.00
 2010     1           592           0           0             518           0           0.000      17.24     0.00
 2011     1           194           0           0             169           0           0.000      17.24     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL          6,152           0           0           5,383           0           0.000      17.24     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL              6,152           0           0           5,383           0           0.000      17.24     0.00

 CUMULATIVE        45,941           0           0
 ULTIMATE          52,093           0           0
</TABLE>

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>             <C>              <C>           <C>          <C>      <C>            <C>           <C>      <C>
 2002           11,115           0             0            0        11,115         481           0        10,634
 2003           10,814           0             0            0        10,814         469           0        10,345
 2004           10,523           0             0            0        10,523         455           0        10,068
 2005           10,238           0             0            0        10,238         443           0         9,795
 2006            9,962           0             0            0         9,962         432           0         9,530
 2007            9,693           0             0            0         9,693         420           0         9,273
 2008            9,431           0             0            0         9,431         408           0         9,023
 2009            9,177           0             0            0         9,177         397           0         8,780
 2010            8,929           0             0            0         8,929         387           0         8,542
 2011            2,922           0             0            0         2,922         126           0         2,796
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT        92,804           0             0            0        92,804       4,018           0        88,786
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL          92,804           0             0            0        92,804       4,018           0        88,786
</TABLE>

<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>         <C>         <C>       <C>            <C>           <C>           <C>
 2002          8,352           0           0           0         8,352          2,282         2,282         2,174
 2003          8,352           0           0           0         8,352          1,993         4,275         1,719
 2004          8,352           0           0           0         8,352          1,716         5,991         1,341
 2005          8,352           0           0           0         8,352          1,443         7,434         1,020
 2006          8,352           0           0           0         8,352          1,178         8,612           754
 2007          8,352           0           0           0         8,352            921         9,533           534
 2008          8,352           0           0           0         8,352            671        10,204           353
 2009          8,352           0           0           0         8,352            428        10,632           203
 2010          8,352           0           0           0         8,352            190        10,822            83
 2011          2,784           0           0           0         2,784             12        10,834             5
 2012              0           0           0           0             0              0        10,834             0
 2013              0           0           0           0             0              0        10,834             0
 2014              0           0           0           0             0              0        10,834             0
 2015              0           0           0           0             0              0        10,834             0
 2016              0           0           0           0             0              0        10,834             0

 SUBTOT       77,952           0           0           0        77,952         10,834                       8,186
 REMAIN            0           0           0           0             0              0        10,834             0
 TOTAL        77,952           0           0           0        77,952         10,834                       8,186
</TABLE>

   LIFE OF EVALUATION IS 9.33 YEARS.
   FINAL PRODUCTION RATE: 48 BBLS/MO
<PAGE>

                                  TENGASCO, INC.                       TABLE 35
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE

<TABLE>
<CAPTION>
 DUNES NORTH FIELD, PAWNEE COUNTY, KANSAS                                              OIL LEASE
   TENGASCO, INC. - OPERATOR   14-T22S-R15W                                            PROVED
     BARSTOW #1   (KSSC-LNSG)                                                          PRODUCING

                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   0.937500                                                                       5.00% -             0
 FINAL   -   0.937500                                                                      10.00% -             0
 REMARKS -                                                                                 15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>     <C>             <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE        74,694           0           0
 ULTIMATE          74,694           0           0
</TABLE>

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>

<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0
 2016              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0
</TABLE>

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0 BBLS/MO
<PAGE>

                                  TENGASCO, INC.                       TABLE 36
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE

<TABLE>
<CAPTION>
 DUNES NORTH FIELD, PAWNEE COUNTY, KANSAS                                              OIL LEASE
   TENGASCO, INC. - OPERATOR   15-T22S-R15W                                            PROVED
     LOVETT #1   (LANSING)                                                             PRODUCING

                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   0.937000                                                                       5.00% -             0
 FINAL   -   0.937000                                                                      10.00% -             0
 REMARKS -                                                                                 15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE       107,067           0           0
 ULTIMATE         107,067           0           0
</TABLE>

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>

<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0
 2016              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0
</TABLE>

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0 BBLS/MO
<PAGE>

                                  TENGASCO, INC.                        TABLE 37
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE

<TABLE>
<CAPTION>
 ELLIS NW FIELD, TREGO COUNTY, KANSAS                                                  OIL LEASE
   TENGASCO, INC. - OPERATOR   23-T12S-R21W                                            PROVED
     BAUGHER #1   (ARBUCKLE)                                                           PRODUCING

                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000                                                                       5.00% -             0
 FINAL   -   1.000000                                                                      10.00% -             0
 REMARKS -                                                                                 15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE        75,666           0           0
 ULTIMATE          75,666           0           0
</TABLE>

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>

<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0
 2016              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0
</TABLE>

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0 BBLS/MO
<PAGE>

                                TENGASCO, INC.                         TABLE 38
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE

<TABLE>
<CAPTION>
 FICKEN FIELD, RUSH COUNTY, KANSAS                                                     OIL LEASE
   TENGASCO, INC. - OPERATOR   23-T17S-R18W                                            PROVED
     SCHWINDT FARMS #1   (LANSING)                                                     PRODUCING

                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000                                                                       5.00% -             0
 FINAL   -   1.000000                                                                      10.00% -             0
 REMARKS -                                                                                 15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>     <C>             <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE        19,490           0           0
 ULTIMATE          19,490           0           0
</TABLE>

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>

<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0
 2016              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0
</TABLE>

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0 BBLS/MO
<PAGE>

                                TENGASCO, INC.                         TABLE 39
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE

<TABLE>
<CAPTION>
 GATES NORTH FIELD, STAFFORD COUNTY, KANSAS                                            OIL LEASE
   TENGASCO, INC. - OPERATOR   22-T21S-R13W                                            PROVED
     HOFFMAN #1   (ARBUCKLE)                                                           PRODUCING

                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   0.687500  0.556915                         17.24                               5.00% -           568
 FINAL   -   0.687500  0.556915                         17.24                              10.00% -           559
 REMARKS -                                                                                 15.00% -           549
                                                                                           20.00% -           540
                                                                                           25.00% -           532
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>         <C>           <C>         <C>           <C>           <C>         <C>        <C>       <C>
 2002     1           844           0           0             470           0           0.000      17.24     0.00
 2003     1            65           0           0              37           0           0.000      17.24     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL            909           0           0             507           0           0.000      17.24     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                909           0           0             507           0           0.000      17.24     0.00

 CUMULATIVE        55,391           0           0
 ULTIMATE          56,300           0           0
</TABLE>

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>              <C>             <C>           <C>          <C>       <C>           <C>           <C>       <C>
 2002            8,105           0             0            0         8,105         351           0         7,754
 2003              627           0             0            0           627          27           0           600
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT         8,732           0             0            0         8,732         378           0         8,354
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL           8,732           0             0            0         8,732         378           0         8,354
</TABLE>

<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>         <C>         <C>       <C>              <C>           <C>           <C>
 2002          7,178           0           0           0         7,178            576           576           557
 2003            598           0           0           0           598              2           578             2
 2004              0           0           0           0             0              0           578             0
 2005              0           0           0           0             0              0           578             0
 2006              0           0           0           0             0              0           578             0
 2007              0           0           0           0             0              0           578             0
 2008              0           0           0           0             0              0           578             0
 2009              0           0           0           0             0              0           578             0
 2010              0           0           0           0             0              0           578             0
 2011              0           0           0           0             0              0           578             0
 2012              0           0           0           0             0              0           578             0
 2013              0           0           0           0             0              0           578             0
 2014              0           0           0           0             0              0           578             0
 2015              0           0           0           0             0              0           578             0
 2016              0           0           0           0             0              0           578             0

 SUBTOT        7,776           0           0           0         7,776            578                         559
 REMAIN            0           0           0           0             0              0           578             0
 TOTAL         7,776           0           0           0         7,776            578                         559
</TABLE>

   LIFE OF EVALUATION IS 1.08 YEARS.
   FINAL PRODUCTION RATE: 65 BBLS/MO
<PAGE>

                                  TENGASCO, INC.                       TABLE 40
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE

<TABLE>
<CAPTION>
 GATES NORTH FIELD, STAFFORD COUNTY, KANSAS                                            OIL LEASE
   TENGASCO, INC. - OPERATOR   22-T21S-R13W                                            PROVED
     SCHULZ #1   (ARBUCKLE)                                                            PRODUCING

                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   0.687500  0.554449                         17.24                               5.00% -        59,860
 FINAL   -   0.687500  0.554449                         17.24                              10.00% -        47,943
 REMARKS -                                                                                 15.00% -        39,597
                                                                                           20.00% -        33,539
                                                                                           25.00% -        28,998
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>       <C>             <C>         <C>         <C>             <C>         <C>        <C>       <C>
 2002     2         2,035           0           0           1,128           0           0.000      17.24     0.00
 2003     2         1,953           0           0           1,083           0           0.000      17.24     0.00
 2004     2         1,875           0           0           1,040           0           0.000      17.24     0.00
 2005     2         1,801           0           0             998           0           0.000      17.24     0.00
 2006     2         1,728           0           0             958           0           0.000      17.24     0.00
 2007     2         1,659           0           0             920           0           0.000      17.24     0.00
 2008     2         1,593           0           0             883           0           0.000      17.24     0.00
 2009     2         1,529           0           0             848           0           0.000      17.24     0.00
 2010     2         1,468           0           0             814           0           0.000      17.24     0.00
 2011     2         1,409           0           0             781           0           0.000      17.24     0.00
 2012     2         1,353           0           0             750           0           0.000      17.24     0.00
 2013     2         1,298           0           0             720           0           0.000      17.24     0.00
 2014     2         1,247           0           0             692           0           0.000      17.24     0.00
 2015     2         1,197           0           0             663           0           0.000      17.24     0.00
 2016     2         1,149           0           0             637           0           0.000      17.24     0.00

 SUB-TOTAL         23,294           0           0          12,915           0           0.000      17.24     0.00
 REMAINDER          3,095           0           0           1,716           0           0.000      17.24     0.00
 TOTAL             26,389           0           0          14,631           0           0.000      17.24     0.00

 CUMULATIVE       263,452           0           0
 ULTIMATE         289,841           0           0
</TABLE>

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>             <C>              <C>           <C>          <C>      <C>            <C>           <C>      <C>
 2002           19,450           0             0            0        19,450         842           0        18,608
 2003           18,672           0             0            0        18,672         809           0        17,863
 2004           17,925           0             0            0        17,925         776           0        17,149
 2005           17,208           0             0            0        17,208         745           0        16,463
 2006           16,520           0             0            0        16,520         715           0        15,805
 2007           15,859           0             0            0        15,859         687           0        15,172
 2008           15,224           0             0            0        15,224         659           0        14,565
 2009           14,616           0             0            0        14,616         633           0        13,983
 2010           14,031           0             0            0        14,031         608           0        13,423
 2011           13,469           0             0            0        13,469         583           0        12,886
 2012           12,931           0             0            0        12,931         560           0        12,371
 2013           12,414           0             0            0        12,414         537           0        11,877
 2014           11,917           0             0            0        11,917         516           0        11,401
 2015           11,441           0             0            0        11,441         496           0        10,945
 2016           10,982           0             0            0        10,982         475           0        10,507

 SUB-TOT       222,659           0             0            0       222,659       9,641           0       213,018
 REMAIN         29,588           0             0            0        29,588       1,281           0        28,307
 TOTAL         252,247           0             0            0       252,247      10,922           0       241,325
</TABLE>

<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>         <C>         <C>       <C>            <C>           <C>           <C>
 2002          9,141           0           0           0         9,141          9,467         9,467         9,017
 2003          9,141           0           0           0         9,141          8,722        18,189         7,520
 2004          9,141           0           0           0         9,141          8,008        26,197         6,250
 2005          9,141           0           0           0         9,141          7,322        33,519         5,173
 2006          9,141           0           0           0         9,141          6,664        40,183         4,262
 2007          9,141           0           0           0         9,141          6,031        46,214         3,492
 2008          9,141           0           0           0         9,141          5,424        51,638         2,843
 2009          9,141           0           0           0         9,141          4,842        56,480         2,298
 2010          9,141           0           0           0         9,141          4,282        60,762         1,839
 2011          9,141           0           0           0         9,141          3,745        64,507         1,456
 2012          9,141           0           0           0         9,141          3,230        67,737         1,137
 2013          9,141           0           0           0         9,141          2,736        70,473           873
 2014          9,141           0           0           0         9,141          2,260        72,733           652
 2015          9,141           0           0           0         9,141          1,804        74,537           471
 2016          9,141           0           0           0         9,141          1,366        75,903           324

 SUBTOT      137,115           0           0           0       137,115         75,903                      47,607
 REMAIN       26,661           0           0           0        26,661          1,646        77,549           336
 TOTAL       163,776           0           0           0       163,776         77,549                      47,943
</TABLE>

   LIFE OF EVALUATION IS 17.92 YEARS.
   FINAL PRODUCTION RATE: 83 BBLS/MO
<PAGE>

                                  TENGASCO, INC.                       TABLE 41
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE

<TABLE>
<CAPTION>
 GIESICK FIELD, RUSH COUNTY, KANSAS                                                    GAS LEASE
   TENGASCO, INC. - OPERATOR   19-T17S-R17W                                            PROVED
     GIESICK #2   (TOPEKA)                                                             PRODUCING

                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000                      0.875000                             2.13        5.00% -         6,031
 FINAL   -   1.000000                      0.875000                             2.13       10.00% -         5,496
 REMARKS -                                                                                 15.00% -         5,035
                                                                                           20.00% -         4,634
                                                                                           25.00% -         4,285
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF (A)   $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002     1             0           0           4               0           0           3.358       0.00     2.13
 2003     1             0           0           4               0           0           3.157       0.00     2.13
 2004     1             0           0           4               0           0           2.967       0.00     2.13
 2005     1             0           0           3               0           0           2.789       0.00     2.13
 2006     1             0           0           4               0           0           2.622       0.00     2.13
 2007     1             0           0           3               0           0           2.465       0.00     2.13
 2008     1             0           0           0               0           0           0.593       0.00     2.13
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0          22               0           0          17.951       0.00     2.13
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0          22               0           0          17.951       0.00     2.13

 CUMULATIVE             0           0         432    (A) NET GAS VOLUMES ACCOUNT FOR SURFACE LOSSES,
 ULTIMATE               0           0         454        SHRINKAGE FACTOR =   8.00 %
</TABLE>

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>       <C>              <C>       <C>             <C>       <C>         <C>
 2002                0           0         7,153            0         7,153           0         310         6,843
 2003                0           0         6,724            0         6,724           0         291         6,433
 2004                0           0         6,320            0         6,320           0         274         6,046
 2005                0           0         5,941            0         5,941           0         257         5,684
 2006                0           0         5,584            0         5,584           0         242         5,342
 2007                0           0         5,250            0         5,250           0         227         5,023
 2008                0           0         1,262            0         1,262           0          55         1,207
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0        38,234            0        38,234           0       1,656        36,578
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0        38,234            0        38,234           0       1,656        36,578
</TABLE>

<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>         <C>         <C>       <C>            <C>           <C>           <C>
 2002          4,788           0           0           0         4,788          2,055         2,055         1,959
 2003          4,788           0           0           0         4,788          1,645         3,700         1,420
 2004          4,788           0           0           0         4,788          1,258         4,958           984
 2005          4,788           0           0           0         4,788            896         5,854           635
 2006          4,788           0           0           0         4,788            554         6,408           355
 2007          4,788           0           0           0         4,788            235         6,643           138
 2008          1,197           0           0           0         1,197             10         6,653             5
 2009              0           0           0           0             0              0         6,653             0
 2010              0           0           0           0             0              0         6,653             0
 2011              0           0           0           0             0              0         6,653             0
 2012              0           0           0           0             0              0         6,653             0
 2013              0           0           0           0             0              0         6,653             0
 2014              0           0           0           0             0              0         6,653             0
 2015              0           0           0           0             0              0         6,653             0
 2016              0           0           0           0             0              0         6,653             0

 SUBTOT       29,925           0           0           0        29,925          6,653                       5,496
 REMAIN            0           0           0           0             0              0         6,653             0
 TOTAL        29,925           0           0           0        29,925          6,653                       5,496
</TABLE>

   LIFE OF EVALUATION IS 6.25 YEARS.
   FINAL PRODUCTION RATE: 0.2 MMCF/MO
<PAGE>

                                  TENGASCO, INC.                        TABLE 42
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE

<TABLE>
<CAPTION>
 GOTTSCHALK FIELD, ELLIS COUNTY, KANSAS                                                GAS LEASE
   TENGASCO, INC. - OPERATOR   36-T15S-R18W                                            PROVED
     WERTH #1   (OREAD & TOPEKA)                                                       PRODUCING

                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000                                                                       5.00% -             0
 FINAL   -   1.000000                                                                      10.00% -             0
 REMARKS -                                                                                 15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF (A)   $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>     <C>             <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE             0           0         180    (A) NET GAS VOLUMES ACCOUNT FOR SURFACE LOSSES,
 ULTIMATE               0           0         180        SHRINKAGE FACTOR =   8.00 %
</TABLE>

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>

<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0
 2016              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0
</TABLE>

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0.0 MMCF/MO
<PAGE>

                                  TENGASCO, INC.                       TABLE 43
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE

<TABLE>
<CAPTION>
 HERMAN FIELD, BARTON COUNTY, KANSAS                                                   OIL LEASE
   TENGASCO, INC. - OPERATOR   18-T16S-R14W                                            PROVED
     KARST #1   (LANSING)                                                              PRODUCING

                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   0.812500  0.702051                         17.24                               5.00% -        20,021
 FINAL   -   0.812500  0.702051                         17.24                              10.00% -        17,102
 REMARKS -                                                                                 15.00% -        14,828
                                                                                           20.00% -        13,028
                                                                                           25.00% -        11,580
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<C>      <C>       <C>             <C>         <C>           <C>           <C>         <C>        <C>       <C>
 2002     2         1,024           0           0             719           0           0.000      17.24     0.00
 2003     2           983           0           0             690           0           0.000      17.24     0.00
 2004     2           944           0           0             663           0           0.000      17.24     0.00
 2005     2           906           0           0             636           0           0.000      17.24     0.00
 2006     2           870           0           0             610           0           0.000      17.24     0.00
 2007     2           835           0           0             587           0           0.000      17.24     0.00
 2008     2           801           0           0             562           0           0.000      17.24     0.00
 2009     2           770           0           0             541           0           0.000      17.24     0.00
 2010     2           738           0           0             518           0           0.000      17.24     0.00
 2011     2           710           0           0             498           0           0.000      17.24     0.00
 2012     2           680           0           0             478           0           0.000      17.24     0.00
 2013     2           276           0           0             193           0           0.000      17.24     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL          9,537           0           0           6,695           0           0.000      17.24     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL              9,537           0           0           6,695           0           0.000      17.24     0.00

 CUMULATIVE        31,499           0           0
 ULTIMATE          41,036           0           0
</TABLE>

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>             <C>              <C>           <C>          <C>      <C>            <C>           <C>      <C>
 2002           12,394           0             0            0        12,394         537           0        11,857
 2003           11,899           0             0            0        11,899         515           0        11,384
 2004           11,422           0             0            0        11,422         494           0        10,928
 2005           10,966           0             0            0        10,966         475           0        10,491
 2006           10,527           0             0            0        10,527         456           0        10,071
 2007           10,106           0             0            0        10,106         438           0         9,668
 2008            9,702           0             0            0         9,702         420           0         9,282
 2009            9,313           0             0            0         9,313         403           0         8,910
 2010            8,941           0             0            0         8,941         387           0         8,554
 2011            8,584           0             0            0         8,584         372           0         8,212
 2012            8,240           0             0            0         8,240         357           0         7,883
 2013            3,335           0             0            0         3,335         144           0         3,191
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT       115,429           0             0            0       115,429       4,998           0       110,431
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL         115,429           0             0            0       115,429       4,998           0       110,431
</TABLE>

<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>         <C>         <C>       <C>            <C>           <C>           <C>
 2002          7,586           0           0           0         7,586          4,271         4,271         4,069
 2003          7,585           0           0           0         7,585          3,799         8,070         3,277
 2004          7,586           0           0           0         7,586          3,342        11,412         2,609
 2005          7,585           0           0           0         7,585          2,906        14,318         2,054
 2006          7,586           0           0           0         7,586          2,485        16,803         1,590
 2007          7,585           0           0           0         7,585          2,083        18,886         1,207
 2008          7,586           0           0           0         7,586          1,696        20,582           890
 2009          7,585           0           0           0         7,585          1,325        21,907           630
 2010          7,586           0           0           0         7,586            968        22,875           416
 2011          7,585           0           0           0         7,585            627        23,502           245
 2012          7,586           0           0           0         7,586            297        23,799           105
 2013          3,160           0           0           0         3,160             31        23,830            10
 2014              0           0           0           0             0              0        23,830             0
 2015              0           0           0           0             0              0        23,830             0
 2016              0           0           0           0             0              0        23,830             0

 SUBTOT       86,601           0           0           0        86,601         23,830                      17,102
 REMAIN            0           0           0           0             0              0        23,830             0
 TOTAL        86,601           0           0           0        86,601         23,830                      17,102
</TABLE>

   LIFE OF EVALUATION IS 11.42 YEARS.
   FINAL PRODUCTION RATE: 55 BBLS/MO
<PAGE>

                                  TENGASCO, INC.                       TABLE 44
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE

<TABLE>
<CAPTION>
 HOBROCK FIELD, OSBORNE COUNTY, KANSAS                                                 OIL LEASE
   TENGASCO, INC. - OPERATOR   3-T10S-R15W                                             PROVED
     HOBROCK #4   (PENNSYLVANIAN)                                                      PRODUCING

                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   0.593750  0.481947                         17.24                               5.00% -        18,807
 FINAL   -   0.593750  0.481947                         17.24                              10.00% -        14,927
 REMARKS -                                                                                 15.00% -        12,259
                                                                                           20.00% -        10,348
                                                                                           25.00% -         8,930
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>         <C>           <C>         <C>           <C>           <C>         <C>        <C>       <C>
 2002     1           514           0           0             248           0           0.000      17.24     0.00
 2003     1           483           0           0             233           0           0.000      17.24     0.00
 2004     1           454           0           0             218           0           0.000      17.24     0.00
 2005     1           427           0           0             206           0           0.000      17.24     0.00
 2006     1           402           0           0             194           0           0.000      17.24     0.00
 2007     1           377           0           0             181           0           0.000      17.24     0.00
 2008     1           355           0           0             171           0           0.000      17.24     0.00
 2009     1           333           0           0             161           0           0.000      17.24     0.00
 2010     1           313           0           0             151           0           0.000      17.24     0.00
 2011     1           295           0           0             142           0           0.000      17.24     0.00
 2012     1           277           0           0             133           0           0.000      17.24     0.00
 2013     1           260           0           0             126           0           0.000      17.24     0.00
 2014     1           244           0           0             118           0           0.000      17.24     0.00
 2015     1           230           0           0             111           0           0.000      17.24     0.00
 2016     1           217           0           0             104           0           0.000      17.24     0.00

 SUB-TOTAL          5,181           0           0           2,497           0           0.000      17.24     0.00
 REMAINDER            477           0           0             230           0           0.000      17.24     0.00
 TOTAL              5,658           0           0           2,727           0           0.000      17.24     0.00

 CUMULATIVE        57,444           0           0
 ULTIMATE          63,102           0           0
</TABLE>

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>              <C>             <C>           <C>          <C>       <C>           <C>           <C>       <C>
 2002            4,271           0             0            0         4,271         185           0         4,086
 2003            4,015           0             0            0         4,015         174           0         3,841
 2004            3,773           0             0            0         3,773         163           0         3,610
 2005            3,548           0             0            0         3,548         154           0         3,394
 2006            3,334           0             0            0         3,334         144           0         3,190
 2007            3,135           0             0            0         3,135         136           0         2,999
 2008            2,946           0             0            0         2,946         127           0         2,819
 2009            2,769           0             0            0         2,769         120           0         2,649
 2010            2,604           0             0            0         2,604         113           0         2,491
 2011            2,447           0             0            0         2,447         106           0         2,341
 2012            2,300           0             0            0         2,300         100           0         2,200
 2013            2,163           0             0            0         2,163          93           0         2,070
 2014            2,032           0             0            0         2,032          88           0         1,944
 2015            1,911           0             0            0         1,911          83           0         1,828
 2016            1,796           0             0            0         1,796          78           0         1,718

 SUB-TOT        43,044           0             0            0        43,044       1,864           0        41,180
 REMAIN          3,967           0             0            0         3,967         172           0         3,795
 TOTAL          47,011           0             0            0        47,011       2,036           0        44,975
</TABLE>

<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>         <C>         <C>       <C>            <C>           <C>           <C>
 2002          1,161           0           0           0         1,161          2,925         2,925         2,786
 2003          1,162           0           0           0         1,162          2,679         5,604         2,310
 2004          1,161           0           0           0         1,161          2,449         8,053         1,911
 2005          1,162           0           0           0         1,162          2,232        10,285         1,577
 2006          1,161           0           0           0         1,161          2,029        12,314         1,298
 2007          1,161           0           0           0         1,161          1,838        14,152         1,064
 2008          1,162           0           0           0         1,162          1,657        15,809           869
 2009          1,161           0           0           0         1,161          1,488        17,297           706
 2010          1,161           0           0           0         1,161          1,330        18,627           571
 2011          1,162           0           0           0         1,162          1,179        19,806           458
 2012          1,161           0           0           0         1,161          1,039        20,845           366
 2013          1,162           0           0           0         1,162            908        21,753           289
 2014          1,161           0           0           0         1,161            783        22,536           226
 2015          1,161           0           0           0         1,161            667        23,203           175
 2016          1,162           0           0           0         1,162            556        23,759           131

 SUBTOT       17,421           0           0           0        17,421         23,759                      14,737
 REMAIN        2,852           0           0           0         2,852            943        24,702           190
 TOTAL        20,273           0           0           0        20,273         24,702                      14,927
</TABLE>

   LIFE OF EVALUATION IS 17.46 YEARS.
   FINAL PRODUCTION RATE: 15 BBLS/MO
<PAGE>

                                  TENGASCO, INC.                       TABLE 45
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE

<TABLE>
<CAPTION>
 HOBROCK FIELD, OSBORNE COUNTY, KANSAS                                                 OIL LEASE
   TENGASCO, INC. - OPERATOR   10-T10S-R15W                                            PROVED
     HOGAN #2   (PENNSYLVANIAN)                                                        PRODUCING

                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   0.593750  0.480972                         17.24                               5.00% -        87,095
 FINAL   -   0.593750  0.480972                         17.24                              10.00% -        71,595
 REMARKS -                                                                                 15.00% -        60,608
                                                                                           20.00% -        52,526
                                                                                           25.00% -        46,380
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>       <C>             <C>         <C>         <C>             <C>         <C>        <C>       <C>
 2002     3         3,455           0           0           1,662           0           0.000      17.24     0.00
 2003     3         2,937           0           0           1,412           0           0.000      17.24     0.00
 2004     3         2,496           0           0           1,201           0           0.000      17.24     0.00
 2005     3         2,241           0           0           1,078           0           0.000      17.24     0.00
 2006     3         2,129           0           0           1,024           0           0.000      17.24     0.00
 2007     3         2,023           0           0             973           0           0.000      17.24     0.00
 2008     3         1,921           0           0             924           0           0.000      17.24     0.00
 2009     3         1,825           0           0             878           0           0.000      17.24     0.00
 2010     3         1,734           0           0             834           0           0.000      17.24     0.00
 2011     3         1,648           0           0             792           0           0.000      17.24     0.00
 2012     3         1,565           0           0             753           0           0.000      17.24     0.00
 2013     3         1,486           0           0             715           0           0.000      17.24     0.00
 2014     3         1,413           0           0             679           0           0.000      17.24     0.00
 2015     3         1,341           0           0             645           0           0.000      17.24     0.00
 2016     3         1,275           0           0             613           0           0.000      17.24     0.00

 SUB-TOTAL         29,489           0           0          14,183           0           0.000      17.24     0.00
 REMAINDER          3,543           0           0           1,704           0           0.000      17.24     0.00
 TOTAL             33,032           0           0          15,887           0           0.000      17.24     0.00

 CUMULATIVE       193,153           0           0
 ULTIMATE         226,185           0           0
</TABLE>

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>             <C>              <C>           <C>          <C>      <C>          <C>             <C>      <C>
 2002           28,649           0             0            0        28,649       1,241           0        27,408
 2003           24,352           0             0            0        24,352       1,054           0        23,298
 2004           20,699           0             0            0        20,699         896           0        19,803
 2005           18,582           0             0            0        18,582         805           0        17,777
 2006           17,653           0             0            0        17,653         764           0        16,889
 2007           16,771           0             0            0        16,771         726           0        16,045
 2008           15,931           0             0            0        15,931         690           0        15,241
 2009           15,136           0             0            0        15,136         656           0        14,480
 2010           14,378           0             0            0        14,378         622           0        13,756
 2011           13,660           0             0            0        13,660         592           0        13,068
 2012           12,977           0             0            0        12,977         562           0        12,415
 2013           12,328           0             0            0        12,328         533           0        11,795
 2014           11,711           0             0            0        11,711         507           0        11,204
 2015           11,126           0             0            0        11,126         482           0        10,644
 2016           10,569           0             0            0        10,569         458           0        10,111

 SUB-TOT       244,522           0             0            0       244,522      10,588           0       233,934
 REMAIN         29,377           0             0            0        29,377       1,272           0        28,105
 TOTAL         273,899           0             0            0       273,899      11,860           0       262,039
</TABLE>

<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>         <C>         <C>       <C>           <C>           <C>           <C>
 2002          8,415           0           0           0         8,415         18,993        18,993        18,113
 2003          8,414           0           0           0         8,414         14,884        33,877        12,851
 2004          8,415           0           0           0         8,415         11,388        45,265         8,902
 2005          8,415           0           0           0         8,415          9,362        54,627         6,615
 2006          8,414           0           0           0         8,414          8,475        63,102         5,421
 2007          8,415           0           0           0         8,415          7,630        70,732         4,418
 2008          8,414           0           0           0         8,414          6,827        77,559         3,578
 2009          8,415           0           0           0         8,415          6,065        83,624         2,878
 2010          8,415           0           0           0         8,415          5,341        88,965         2,294
 2011          8,414           0           0           0         8,414          4,654        93,619         1,810
 2012          8,415           0           0           0         8,415          4,000        97,619         1,409
 2013          8,415           0           0           0         8,415          3,380       100,999         1,077
 2014          8,414           0           0           0         8,414          2,790       103,789           805
 2015          8,415           0           0           0         8,415          2,229       106,018           583
 2016          8,414           0           0           0         8,414          1,697       107,715           401

 SUBTOT      126,219           0           0           0       126,219        107,715                      71,155
 REMAIN       25,945           0           0           0        25,945          2,160       109,875           440
 TOTAL       152,164           0           0           0       152,164        109,875                      71,595

   LIFE OF EVALUATION IS 18.08 YEARS.
   FINAL PRODUCTION RATE: 89 BBLS/MO
</TABLE>
<PAGE>

                                 TENGASCO, INC.                        TABLE 46
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE

<TABLE>
<CAPTION>
 IRVIN FIELD, ELLIS COUNTY, KANSAS                                                     OIL LEASE
   TENGASCO, INC. - OPERATOR   8-T14S-R19W                                             PROVED
     KINDERKNECHT -B- #4   (ARBUCKLE)                                                  PRODUCING

                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000  0.875000                         17.24                               5.00% -         1,747
 FINAL   -   1.000000  0.875000                         17.24                              10.00% -         1,684
 REMARKS -                                                                                 15.00% -         1,625
                                                                                           20.00% -         1,569
                                                                                           25.00% -         1,517
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>       <C>             <C>         <C>         <C>             <C>         <C>        <C>       <C>
 2002     2         1,405           0           0           1,230           0           0.000      17.24     0.00
 2003     2         1,356           0           0           1,186           0           0.000      17.24     0.00
 2004     2           332           0           0             290           0           0.000      17.24     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL          3,093           0           0           2,706           0           0.000      17.24     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL              3,093           0           0           2,706           0           0.000      17.24     0.00

 CUMULATIVE       135,568           0           0
 ULTIMATE         138,661           0           0
</TABLE>

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>             <C>              <C>           <C>          <C>      <C>            <C>           <C>      <C>
 2002           21,198           0             0            0        21,198         918           0        20,280
 2003           20,456           0             0            0        20,456         886           0        19,570
 2004            5,001           0             0            0         5,001         216           0         4,785
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT        46,655           0             0            0        46,655       2,020           0        44,635
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL          46,655           0             0            0        46,655       2,020           0        44,635
</TABLE>

<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>           <C>              <C>         <C>         <C>      <C>             <C>           <C>           <C>
 2002         19,032           0           0           0        19,032          1,248         1,248         1,194
 2003         19,032           0           0           0        19,032            538         1,786           468
 2004          4,758           0           0           0         4,758             27         1,813            22
 2005              0           0           0           0             0              0         1,813             0
 2006              0           0           0           0             0              0         1,813             0
 2007              0           0           0           0             0              0         1,813             0
 2008              0           0           0           0             0              0         1,813             0
 2009              0           0           0           0             0              0         1,813             0
 2010              0           0           0           0             0              0         1,813             0
 2011              0           0           0           0             0              0         1,813             0
 2012              0           0           0           0             0              0         1,813             0
 2013              0           0           0           0             0              0         1,813             0
 2014              0           0           0           0             0              0         1,813             0
 2015              0           0           0           0             0              0         1,813             0
 2016              0           0           0           0             0              0         1,813             0

 SUBTOT       42,822           0           0           0        42,822          1,813                       1,684
 REMAIN            0           0           0           0             0              0         1,813             0
 TOTAL        42,822           0           0           0        42,822          1,813                       1,684
</TABLE>

   LIFE OF EVALUATION IS 2.25 YEARS.
   FINAL PRODUCTION RATE: 110 BBLS/MO
<PAGE>

                             TENGASCO, INC. TABLE 47
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE

<TABLE>
<CAPTION>
 KRAUS FIELD, ELLIS COUNTY, KANSAS                                                     OIL LEASE
   TENGASCO, INC. - OPERATOR   22-T14S-R19W                                            PROVED
     KRAUS -A- #2                                                                      PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000  0.820310                         17.24                               5.00% -       185,806
 FINAL   -   1.000000  0.820310                         17.24                              10.00% -       155,624
 REMARKS -                                                                                 15.00% -       132,884
                                                                                           20.00% -       115,378
                                                                                           25.00% -       101,625
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>       <C>             <C>         <C>         <C>             <C>         <C>        <C>       <C>
 2002     3         5,478           0           0           4,494           0           0.000      17.24     0.00
 2003     3         5,204           0           0           4,269           0           0.000      17.24     0.00
 2004     3         4,944           0           0           4,055           0           0.000      17.24     0.00
 2005     3         4,697           0           0           3,853           0           0.000      17.24     0.00
 2006     3         4,462           0           0           3,660           0           0.000      17.24     0.00
 2007     3         4,238           0           0           3,477           0           0.000      17.24     0.00
 2008     3         4,027           0           0           3,304           0           0.000      17.24     0.00
 2009     3         3,826           0           0           3,138           0           0.000      17.24     0.00
 2010     3         3,634           0           0           2,981           0           0.000      17.24     0.00
 2011     3         3,453           0           0           2,832           0           0.000      17.24     0.00
 2012     3         3,279           0           0           2,690           0           0.000      17.24     0.00
 2013     3         3,116           0           0           2,556           0           0.000      17.24     0.00
 2014     3         2,960           0           0           2,429           0           0.000      17.24     0.00
 2015     3         1,425           0           0           1,168           0           0.000      17.24     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL         54,743           0           0          44,906           0           0.000      17.24     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL             54,743           0           0          44,906           0           0.000      17.24     0.00

 CUMULATIVE       340,625           0           0
 ULTIMATE         395,368           0           0
</TABLE>

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>             <C>              <C>           <C>          <C>      <C>          <C>             <C>      <C>
 2002           77,471           0             0            0        77,471       3,354           0        74,117
 2003           73,598           0             0            0        73,598       3,187           0        70,411
 2004           69,917           0             0            0        69,917       3,028           0        66,889
 2005           66,422           0             0            0        66,422       2,876           0        63,546
 2006           63,100           0             0            0        63,100       2,732           0        60,368
 2007           59,946           0             0            0        59,946       2,596           0        57,350
 2008           56,948           0             0            0        56,948       2,466           0        54,482
 2009           54,101           0             0            0        54,101       2,342           0        51,759
 2010           51,396           0             0            0        51,396       2,226           0        49,170
 2011           48,826           0             0            0        48,826       2,114           0        46,712
 2012           46,385           0             0            0        46,385       2,008           0        44,377
 2013           44,066           0             0            0        44,066       1,908           0        42,158
 2014           41,862           0             0            0        41,862       1,813           0        40,049
 2015           20,139           0             0            0        20,139         872           0        19,267
 2016                0           0             0            0             0           0           0             0

 SUB-TOT       774,177           0             0            0       774,177      33,522           0       740,655
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL         774,177           0             0            0       774,177      33,522           0       740,655
</TABLE>

<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>           <C>              <C>         <C>         <C>      <C>            <C>           <C>           <C>
 2002         38,064           0           0           0        38,064         36,053        36,053        34,346
 2003         38,064           0           0           0        38,064         32,347        68,400        27,895
 2004         38,064           0           0           0        38,064         28,825        97,225        22,504
 2005         38,064           0           0           0        38,064         25,482       122,707        18,009
 2006         38,064           0           0           0        38,064         22,304       145,011        14,270
 2007         38,064           0           0           0        38,064         19,286       164,297        11,172
 2008         38,064           0           0           0        38,064         16,418       180,715         8,609
 2009         38,064           0           0           0        38,064         13,695       194,410         6,502
 2010         38,064           0           0           0        38,064         11,106       205,516         4,775
 2011         38,064           0           0           0        38,064          8,648       214,164         3,367
 2012         38,064           0           0           0        38,064          6,313       220,477         2,226
 2013         38,064           0           0           0        38,064          4,094       224,571         1,309
 2014         38,064           0           0           0        38,064          1,985       226,556           577
 2015         19,032           0           0           0        19,032            235       226,791            63
 2016              0           0           0           0             0              0       226,791             0

 SUBTOT      513,864           0           0           0       513,864        226,791                     155,624
 REMAIN            0           0           0           0             0              0       226,791             0
 TOTAL       513,864           0           0           0       513,864        226,791                     155,624
</TABLE>

   LIFE OF EVALUATION IS 13.50 YEARS.
   FINAL PRODUCTION RATE: 235 BBLS/MO
<PAGE>

                                  TENGASCO, INC.                       TABLE 48
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE

<TABLE>
<CAPTION>
 KRAUS FIELD, ELLIS COUNTY, KANSAS                                                     OIL LEASE
   TENGASCO, INC. - OPERATOR   16-T14S-R19W                                            PROVED
     KRAUS -B- #1   (ARBUCKLE)                                                         PRODUCING

                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000  0.875000                         17.24                               5.00% -           757
 FINAL   -   1.000000  0.875000                         17.24                              10.00% -           746
 REMARKS -                                                                                 15.00% -           735
                                                                                           20.00% -           725
                                                                                           25.00% -           715
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>       <C>             <C>         <C>           <C>           <C>         <C>        <C>       <C>
 2002     2         1,115           0           0             976           0           0.000      17.24     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL          1,115           0           0             976           0           0.000      17.24     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL              1,115           0           0             976           0           0.000      17.24     0.00

 CUMULATIVE        97,307           0           0
 ULTIMATE          98,422           0           0
</TABLE>

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>             <C>              <C>           <C>          <C>      <C>            <C>           <C>      <C>
 2002           16,819           0             0            0        16,819         728           0        16,091
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT        16,819           0             0            0        16,819         728           0        16,091
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL          16,819           0             0            0        16,819         728           0        16,091
</TABLE>

<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>           <C>              <C>         <C>         <C>      <C>               <C>           <C>           <C>
 2002         15,323           0           0           0        15,323            768           768           746
 2003              0           0           0           0             0              0           768             0
 2004              0           0           0           0             0              0           768             0
 2005              0           0           0           0             0              0           768             0
 2006              0           0           0           0             0              0           768             0
 2007              0           0           0           0             0              0           768             0
 2008              0           0           0           0             0              0           768             0
 2009              0           0           0           0             0              0           768             0
 2010              0           0           0           0             0              0           768             0
 2011              0           0           0           0             0              0           768             0
 2012              0           0           0           0             0              0           768             0
 2013              0           0           0           0             0              0           768             0
 2014              0           0           0           0             0              0           768             0
 2015              0           0           0           0             0              0           768             0
 2016              0           0           0           0             0              0           768             0

 SUBTOT       15,323           0           0           0        15,323            768                         746
 REMAIN            0           0           0           0             0              0           768             0
 TOTAL        15,323           0           0           0        15,323            768                         746
</TABLE>

   LIFE OF EVALUATION IS 0.92 YEARS.
   FINAL PRODUCTION RATE: 97 BBLS/MO
<PAGE>
                                  TENGASCO, INC.                       TABLE 49
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 KRAUS FIELD, ELLIS COUNTY, KANSAS                                                     OIL LEASE
   TENGASCO, INC. - OPERATOR   27-T14S-R19W                                            PROVED
     KRAUS -I- #5   (ABCK-KSSC-LNSG)                                                   PRODUCING

                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000  0.820313                         17.24                               5.00% -        45,851
 FINAL   -   1.000000  0.820313                         17.24                              10.00% -        41,600
 REMARKS -                                                                                 15.00% -        37,970
                                                                                           20.00% -        34,851
                                                                                           25.00% -        32,153
</TABLE>
<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>       <C>             <C>         <C>         <C>             <C>         <C>        <C>       <C>
 2002     2         2,321           0           0           1,904           0           0.000      17.24     0.00
 2003     2         2,060           0           0           1,690           0           0.000      17.24     0.00
 2004     2         1,840           0           0           1,509           0           0.000      17.24     0.00
 2005     2         1,654           0           0           1,357           0           0.000      17.24     0.00
 2006     2         1,495           0           0           1,227           0           0.000      17.24     0.00
 2007     2         1,358           0           0           1,113           0           0.000      17.24     0.00
 2008     2         1,238           0           0           1,016           0           0.000      17.24     0.00
 2009     2            99           0           0              81           0           0.000      17.24     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL         12,065           0           0           9,897           0           0.000      17.24     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL             12,065           0           0           9,897           0           0.000      17.24     0.00

 CUMULATIVE       206,314           0           0
 ULTIMATE         218,379           0           0
</TABLE>
<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>             <C>              <C>           <C>          <C>      <C>          <C>             <C>      <C>
 2002           32,824           0             0            0        32,824       1,421           0        31,403
 2003           29,131           0             0            0        29,131       1,262           0        27,869
 2004           26,027           0             0            0        26,027       1,127           0        24,900
 2005           23,394           0             0            0        23,394       1,013           0        22,381
 2006           21,142           0             0            0        21,142         915           0        20,227
 2007           19,200           0             0            0        19,200         831           0        18,369
 2008           17,514           0             0            0        17,514         759           0        16,755
 2009            1,390           0             0            0         1,390          60           0         1,330
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT       170,622           0             0            0       170,622       7,388           0       163,234
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL         170,622           0             0            0       170,622       7,388           0       163,234
</TABLE>

<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>           <C>              <C>         <C>         <C>      <C>            <C>           <C>           <C>
 2002         15,864           0           0           0        15,864         15,539        15,539        14,821
 2003         15,864           0           0           0        15,864         12,005        27,544        10,366
 2004         15,864           0           0           0        15,864          9,036        36,580         7,065
 2005         15,864           0           0           0        15,864          6,517        43,097         4,614
 2006         15,864           0           0           0        15,864          4,363        47,460         2,799
 2007         15,864           0           0           0        15,864          2,505        49,965         1,458
 2008         15,864           0           0           0        15,864            891        50,856           473
 2009          1,322           0           0           0         1,322              8        50,864             4
 2010              0           0           0           0             0              0        50,864             0
 2011              0           0           0           0             0              0        50,864             0
 2012              0           0           0           0             0              0        50,864             0
 2013              0           0           0           0             0              0        50,864             0
 2014              0           0           0           0             0              0        50,864             0
 2015              0           0           0           0             0              0        50,864             0
 2016              0           0           0           0             0              0        50,864             0

 SUBTOT      112,370           0           0           0       112,370         50,864                      41,600
 REMAIN            0           0           0           0             0              0        50,864             0
 TOTAL       112,370           0           0           0       112,370         50,864                      41,600
</TABLE>

   LIFE OF EVALUATION IS 7.08 YEARS.
   FINAL PRODUCTION RATE: 98 BBLS/MO
<PAGE>

                                TENGASCO, INC.                         TABLE 50
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE

<TABLE>
<CAPTION>
 LEIKER EAST FIELD, ELLIS COUNTY, KANSAS                                               OIL LEASE
   TENGASCO, INC. - OPERATOR   14-T15S-R18W                                            PROVED
     LEIKER #1   (KSSC-LNSG)                                                           PRODUCING

                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   0.416670  0.364590                         17.24                               5.00% -        28,518
 FINAL   -   0.416670  0.364590                         17.24                              10.00% -        21,851
 REMARKS -                                                                                 15.00% -        17,538
                                                                                           20.00% -        14,581
                                                                                           25.00% -        12,451
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>         <C>           <C>         <C>           <C>           <C>         <C>        <C>       <C>
 2002     1           929           0           0             339           0           0.000      17.24     0.00
 2003     1           883           0           0             322           0           0.000      17.24     0.00
 2004     1           840           0           0             306           0           0.000      17.24     0.00
 2005     1           799           0           0             291           0           0.000      17.24     0.00
 2006     1           760           0           0             277           0           0.000      17.24     0.00
 2007     1           722           0           0             264           0           0.000      17.24     0.00
 2008     1           687           0           0             250           0           0.000      17.24     0.00
 2009     1           654           0           0             238           0           0.000      17.24     0.00
 2010     1           621           0           0             227           0           0.000      17.24     0.00
 2011     1           591           0           0             215           0           0.000      17.24     0.00
 2012     1           562           0           0             205           0           0.000      17.24     0.00
 2013     1           535           0           0             195           0           0.000      17.24     0.00
 2014     1           508           0           0             185           0           0.000      17.24     0.00
 2015     1           483           0           0             177           0           0.000      17.24     0.00
 2016     1           460           0           0             167           0           0.000      17.24     0.00

 SUB-TOTAL         10,034           0           0           3,658           0           0.000      17.24     0.00
 REMAINDER          3,363           0           0           1,226           0           0.000      17.24     0.00
 TOTAL             13,397           0           0           4,884           0           0.000      17.24     0.00

 CUMULATIVE        26,029           0           0
 ULTIMATE          39,426           0           0
</TABLE>

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>              <C>             <C>           <C>          <C>       <C>           <C>           <C>       <C>
 2002            5,838           0             0            0         5,838         253           0         5,585
 2003            5,552           0             0            0         5,552         240           0         5,312
 2004            5,280           0             0            0         5,280         229           0         5,051
 2005            5,022           0             0            0         5,022         217           0         4,805
 2006            4,775           0             0            0         4,775         207           0         4,568
 2007            4,541           0             0            0         4,541         197           0         4,344
 2008            4,319           0             0            0         4,319         187           0         4,132
 2009            4,107           0             0            0         4,107         177           0         3,930
 2010            3,906           0             0            0         3,906         170           0         3,736
 2011            3,715           0             0            0         3,715         160           0         3,555
 2012            3,532           0             0            0         3,532         153           0         3,379
 2013            3,360           0             0            0         3,360         146           0         3,214
 2014            3,194           0             0            0         3,194         138           0         3,056
 2015            3,039           0             0            0         3,039         132           0         2,907
 2016            2,889           0             0            0         2,889         125           0         2,764

 SUB-TOT        63,069           0             0            0        63,069       2,731           0        60,338
 REMAIN         21,138           0             0            0        21,138         915           0        20,223
 TOTAL          84,207           0             0            0        84,207       3,646           0        80,561
</TABLE>


                                       1
<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>         <C>         <C>       <C>            <C>           <C>           <C>
 2002          1,680           0           0           0         1,680          3,905         3,905         3,719
 2003          1,680           0           0           0         1,680          3,632         7,537         3,131
 2004          1,680           0           0           0         1,680          3,371        10,908         2,631
 2005          1,680           0           0           0         1,680          3,125        14,033         2,208
 2006          1,680           0           0           0         1,680          2,888        16,921         1,847
 2007          1,680           0           0           0         1,680          2,664        19,585         1,542
 2008          1,680           0           0           0         1,680          2,452        22,037         1,285
 2009          1,680           0           0           0         1,680          2,250        24,287         1,067
 2010          1,680           0           0           0         1,680          2,056        26,343           883
 2011          1,680           0           0           0         1,680          1,875        28,218           729
 2012          1,680           0           0           0         1,680          1,699        29,917           598
 2013          1,680           0           0           0         1,680          1,534        31,451           488
 2014          1,680           0           0           0         1,680          1,376        32,827           397
 2015          1,680           0           0           0         1,680          1,227        34,054           320
 2016          1,680           0           0           0         1,680          1,084        35,138           257

 SUBTOT       25,200           0           0           0        25,200         35,138                      21,102
 REMAIN       15,820           0           0           0        15,820          4,403        39,541           749
 TOTAL        41,020           0           0           0        41,020         39,541                      21,851
</TABLE>

   LIFE OF EVALUATION IS 24.42 YEARS.
   FINAL PRODUCTION RATE: 23 BBLS/MO
<PAGE>

                                  TENGASCO, INC.                       TABLE 51
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE

<TABLE>
<CAPTION>
 LEONHARDT SOUTHEAST FIELD, ELLIS COUNTY, KANSAS                                       OIL LEASE
   TENGASCO, INC. - OPERATOR   28-T14S-R18W                                            PROVED
     KRAUS #1   (KSSC-LNSG)                                                            PRODUCING

                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000                                                                       5.00% -             0
 FINAL   -   1.000000                                                                      10.00% -             0
 REMARKS -                                                                                 15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE        52,081           0           0
 ULTIMATE          52,081           0           0
</TABLE>

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>


                                       2
<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0
 2016              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0
</TABLE>

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0 BBLS/MO
<PAGE>

                                  TENGASCO, INC.                       TABLE 52
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE

<TABLE>
<CAPTION>
 LIEBENTHAL FIELD, RUSH COUNTY, KANSAS                                                 GAS LEASE
   TENGASCO, INC. - OPERATOR   23-T16S-R18W                                            PROVED
     DECHANT -B- #2   (KANSAS CITY)                                                    PRODUCING

                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000                                                                       5.00% -             0
 FINAL   -   1.000000                                                                      10.00% -             0
 REMARKS -                                                                                 15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE             0           0          45
 ULTIMATE               0           0          45
</TABLE>

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>


                                       3
<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0
 2016              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0.0 MMCF/MO
</TABLE>


<PAGE>

                                  TENGASCO, INC.                        TABLE 53
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE

<TABLE>
<CAPTION>
 LIEBENTHAL FIELD, RUSH COUNTY, KANSAS                                                 GAS LEASE
   TENGASCO, INC. - OPERATOR   23-T16S-R18W                                            PROVED
     GRAHAM #1   (KC-LANSING)                                                          PRODUCING

                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000                                                                       5.00% -             0
 FINAL   -   1.000000                                                                      10.00% -             0
 REMARKS -                                                                                 15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE             0           0         127
 ULTIMATE               0           0         127
</TABLE>

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>


                                       4
<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0
 2016              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0
</TABLE>

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0.0 MMCF/MO
<PAGE>

                             TENGASCO, INC.                            TABLE 54
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE

<TABLE>
<CAPTION>
 LIEBENTHAL FIELD, RUSH COUNTY, KANSAS                                                 GAS LEASE
   TENGASCO, INC. - OPERATOR   26-T16S-R18W                                            PROVED
     LEGLEITER -B- #1   (KSSC-LNSG)                                                    PRODUCING

                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000                                                                       5.00% -             0
 FINAL   -   1.000000                                                                      10.00% -             0
 REMARKS -                                                                                 15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF (A)   $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE             0           0          30    (A) NET GAS VOLUMES ACCOUNT FOR SURFACE LOSSES,
 ULTIMATE               0           0          30        SHRINKAGE FACTOR =   8.00 %
</TABLE>

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>


                                       5
<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0
 2016              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0
</TABLE>

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0.0 MMCF/MO
<PAGE>

                                  TENGASCO, INC.                       TABLE 55
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE

<TABLE>
<CAPTION>
 LIEBENTHAL FIELD, RUSH COUNTY, KANSAS                                                 GAS LEASE
   TENGASCO, INC. - OPERATOR   24-T16S-R18W                                            PROVED
     LEGLEITER -C- #1   (PLEASONTON)                                                   PRODUCING

                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000                                                                       5.00% -             0
 FINAL   -   1.000000                                                                      10.00% -             0
 REMARKS -                                                                                 15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE             0           0          15
 ULTIMATE               0           0          15
</TABLE>

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>


                                       6
<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0
 2016              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0
</TABLE>

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0.0 MMCF/MO
<PAGE>
                                 TENGASCO, INC.                         TABLE 56
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 LIEBENTHAL FIELD, RUSH COUNTY, KANSAS                                                 GAS LEASE
   TENGASCO, INC. - OPERATOR   24-T16S-R18W                                            PROVED
     LEGLEITER -C- #2   (PLEASONTON)                                                   SHUT-IN

                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000                      0.875000                             2.13        5.00% -        78,408
 FINAL   -   1.000000                      0.875000                             2.13       10.00% -        61,359
 REMARKS -                                                                                 15.00% -        49,850
                                                                                           20.00% -        41,716
                                                                                           25.00% -        35,736
</TABLE>
<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF (A)   $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>        <C>              <C>         <C>         <C>         <C>      <C>
 2002     1             0           0          10               0           0           7.886       0.00     2.13
 2003     1             0           0          10               0           0           8.184       0.00     2.13
 2004     1             0           0          10               0           0           7.768       0.00     2.13
 2005     1             0           0           9               0           0           7.374       0.00     2.13
 2006     1             0           0           8               0           0           6.999       0.00     2.13
 2007     1             0           0           9               0           0           6.644       0.00     2.13
 2008     1             0           0           8               0           0           6.307       0.00     2.13
 2009     1             0           0           7               0           0           5.986       0.00     2.13
 2010     1             0           0           7               0           0           5.682       0.00     2.13
 2011     1             0           0           7               0           0           5.394       0.00     2.13
 2012     1             0           0           6               0           0           5.120       0.00     2.13
 2013     1             0           0           6               0           0           4.860       0.00     2.13
 2014     1             0           0           6               0           0           4.613       0.00     2.13
 2015     1             0           0           5               0           0           4.379       0.00     2.13
 2016     1             0           0           5               0           0           4.156       0.00     2.13

 SUB-TOTAL              0           0         113               0           0          91.352       0.00     2.13
 REMAINDER              0           0          26               0           0          20.863       0.00     2.13
 TOTAL                  0           0         139               0           0         112.215       0.00     2.13

 CUMULATIVE             0           0           0    (A) NET GAS VOLUMES ACCOUNT FOR SURFACE LOSSES,
 ULTIMATE               0           0         139        SHRINKAGE FACTOR =   8.00 %
</TABLE>
<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>      <C>               <C>      <C>              <C>       <C>        <C>
 2002                0           0        16,797            0        16,797           0         299        16,498
 2003                0           0        17,432            0        17,432           0         310        17,122
 2004                0           0        16,546            0        16,546           0         295        16,251
 2005                0           0        15,706            0        15,706           0         279        15,427
 2006                0           0        14,909            0        14,909           0         266        14,643
 2007                0           0        14,151            0        14,151           0         252        13,899
 2008                0           0        13,433            0        13,433           0         239        13,194
 2009                0           0        12,751            0        12,751           0         227        12,524
 2010                0           0        12,103            0        12,103           0         215        11,888
 2011                0           0        11,489            0        11,489           0         205        11,284
 2012                0           0        10,906            0        10,906           0         194        10,712
 2013                0           0        10,351            0        10,351           0         184        10,167
 2014                0           0         9,826            0         9,826           0         175         9,651
 2015                0           0         9,327            0         9,327           0         166         9,161
 2016                0           0         8,853            0         8,853           0         158         8,695

 SUB-TOT             0           0       194,580            0       194,580           0       3,464       191,116
 REMAIN              0           0        44,439            0        44,439           0         791        43,648
 TOTAL               0           0       239,019            0       239,019           0       4,255       234,764
</TABLE>

<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>         <C>         <C>       <C>           <C>           <C>           <C>
 2002          5,687           0           0           0         5,687         10,811        10,811        10,252
 2003          6,204           0           0           0         6,204         10,918        21,729         9,414
 2004          6,204           0           0           0         6,204         10,047        31,776         7,841
 2005          6,204           0           0           0         6,204          9,223        40,999         6,516
 2006          6,204           0           0           0         6,204          8,439        49,438         5,397
 2007          6,204           0           0           0         6,204          7,695        57,133         4,455
 2008          6,204           0           0           0         6,204          6,990        64,123         3,664
 2009          6,204           0           0           0         6,204          6,320        70,443         2,998
 2010          6,204           0           0           0         6,204          5,684        76,127         2,441
 2011          6,204           0           0           0         6,204          5,080        81,207         1,976
 2012          6,204           0           0           0         6,204          4,508        85,715         1,586
 2013          6,204           0           0           0         6,204          3,963        89,678         1,263
 2014          6,204           0           0           0         6,204          3,447        93,125           994
 2015          6,204           0           0           0         6,204          2,957        96,082           773
 2016          6,204           0           0           0         6,204          2,491        98,573           588

 SUBTOT       92,543           0           0           0        92,543         98,573                      60,158
 REMAIN       37,224           0           0           0        37,224          6,424       104,997         1,201
 TOTAL       129,767           0           0           0       129,767        104,997                      61,359
</TABLE>

   LIFE OF EVALUATION IS 21.00 YEARS.
   FINAL PRODUCTION RATE: 0.3 MMCF/MO
<PAGE>

                                  TENGASCO, INC.                       TABLE 57
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE

<TABLE>
<CAPTION>
 LITTLE RIO FIELD, RICE COUNTY, KANSAS                                                 OIL LEASE
   TENGASCO, INC. - OPERATOR   19-T19S-R6W                                             PROVED
     WHITEMAN-HOLLAND #1   (KSSC-LNSG-MSSP)                                            PRODUCING

                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000  0.820313                         17.24                               5.00% -        84,534
 FINAL   -   1.000000  0.820313                         17.24                              10.00% -        67,709
 REMARKS -                                                                                 15.00% -        55,933
                                                                                           20.00% -        47,387
                                                                                           25.00% -        40,982
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>       <C>             <C>         <C>         <C>             <C>         <C>        <C>       <C>
 2002     3         1,845           0           0           1,513           0           0.000      17.24     0.00
 2003     3         1,765           0           0           1,449           0           0.000      17.24     0.00
 2004     3         1,690           0           0           1,386           0           0.000      17.24     0.00
 2005     3         1,617           0           0           1,326           0           0.000      17.24     0.00
 2006     3         1,547           0           0           1,269           0           0.000      17.24     0.00
 2007     3         1,481           0           0           1,215           0           0.000      17.24     0.00
 2008     3         1,417           0           0           1,163           0           0.000      17.24     0.00
 2009     3         1,357           0           0           1,112           0           0.000      17.24     0.00
 2010     3         1,298           0           0           1,065           0           0.000      17.24     0.00
 2011     3         1,242           0           0           1,019           0           0.000      17.24     0.00
 2012     3         1,188           0           0             975           0           0.000      17.24     0.00
 2013     3         1,138           0           0             933           0           0.000      17.24     0.00
 2014     3         1,089           0           0             893           0           0.000      17.24     0.00
 2015     3         1,042           0           0             855           0           0.000      17.24     0.00
 2016     3           997           0           0             818           0           0.000      17.24     0.00

 SUB-TOTAL         20,713           0           0          16,991           0           0.000      17.24     0.00
 REMAINDER          2,812           0           0           2,307           0           0.000      17.24     0.00
 TOTAL             23,525           0           0          19,298           0           0.000      17.24     0.00

 CUMULATIVE        59,990           0           0
 ULTIMATE          83,515           0           0
</TABLE>

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>             <C>              <C>           <C>          <C>      <C>          <C>             <C>      <C>
 2002           26,090           0             0            0        26,090       1,130           0        24,960
 2003           24,968           0             0            0        24,968       1,081           0        23,887
 2004           23,895           0             0            0        23,895       1,034           0        22,861
 2005           22,867           0             0            0        22,867         991           0        21,876
 2006           21,884           0             0            0        21,884         947           0        20,937
 2007           20,943           0             0            0        20,943         907           0        20,036
 2008           20,042           0             0            0        20,042         868           0        19,174
 2009           19,180           0             0            0        19,180         830           0        18,350
 2010           18,356           0             0            0        18,356         795           0        17,561
 2011           17,567           0             0            0        17,567         761           0        16,806
 2012           16,811           0             0            0        16,811         728           0        16,083
 2013           16,088           0             0            0        16,088         696           0        15,392
 2014           15,396           0             0            0        15,396         667           0        14,729
 2015           14,735           0             0            0        14,735         638           0        14,097
 2016           14,100           0             0            0        14,100         611           0        13,489

 SUB-TOT       292,922           0             0            0       292,922      12,684           0       280,238
 REMAIN         39,773           0             0            0        39,773       1,722           0        38,051
 TOTAL         332,695           0             0            0       332,695      14,406           0       318,289
</TABLE>


                                       7
<PAGE>
<TABLE>
<CAPTION>
                               DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>           <C>              <C>         <C>         <C>      <C>            <C>           <C>           <C>
 2002         11,544           0           0           0        11,544         13,416        13,416        12,778
 2003         11,544           0           0           0        11,544         12,343        25,759        10,642
 2004         11,544           0           0           0        11,544         11,317        37,076         8,833
 2005         11,544           0           0           0        11,544         10,332        47,408         7,300
 2006         11,544           0           0           0        11,544          9,393        56,801         6,008
 2007         11,544           0           0           0        11,544          8,492        65,293         4,917
 2008         11,544           0           0           0        11,544          7,630        72,923         3,999
 2009         11,544           0           0           0        11,544          6,806        79,729         3,229
 2010         11,544           0           0           0        11,544          6,017        85,746         2,585
 2011         11,544           0           0           0        11,544          5,262        91,008         2,046
 2012         11,544           0           0           0        11,544          4,539        95,547         1,598
 2013         11,544           0           0           0        11,544          3,848        99,395         1,227
 2014         11,544           0           0           0        11,544          3,185       102,580           919
 2015         11,544           0           0           0        11,544          2,553       105,133           667
 2016         11,544           0           0           0        11,544          1,945       107,078           460

 SUBTOT      173,160           0           0           0       173,160        107,078                      67,208
 REMAIN       35,593           0           0           0        35,593          2,458       109,536           501
 TOTAL       208,753           0           0           0       208,753        109,536                      67,709
</TABLE>

   LIFE OF EVALUATION IS 18.08 YEARS.
   FINAL PRODUCTION RATE: 71 BBLS/MO
<PAGE>

                             TENGASCO, INC.                            TABLE 58
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE

<TABLE>
<CAPTION>
 MARCOTTE FIELD, ROOKS COUNTY, KANSAS                                                  OIL LEASE
   TENGASCO, INC. - OPERATOR   11-T10S-R20W                                            PROVED
     CROFFOOT #3   (ARBUCKLE)                                                          PRODUCING

                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000  0.861328                         17.24                               5.00% -       147,505
 FINAL   -   1.000000  0.861328                         17.24                              10.00% -       121,653
 REMARKS -                                                                                 15.00% -       102,648
                                                                                           20.00% -        88,311
                                                                                           25.00% -        77,235
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>       <C>             <C>         <C>         <C>             <C>         <C>        <C>       <C>
 2002     5         3,979           0           0           3,428           0           0.000      17.24     0.00
 2003     5         3,809           0           0           3,280           0           0.000      17.24     0.00
 2004     5         3,644           0           0           3,139           0           0.000      17.24     0.00
 2005     5         3,488           0           0           3,004           0           0.000      17.24     0.00
 2006     5         3,338           0           0           2,875           0           0.000      17.24     0.00
 2007     5         3,194           0           0           2,751           0           0.000      17.24     0.00
 2008     5         3,057           0           0           2,634           0           0.000      17.24     0.00
 2009     5         2,926           0           0           2,519           0           0.000      17.24     0.00
 2010     5         2,800           0           0           2,412           0           0.000      17.24     0.00
 2011     5         2,679           0           0           2,308           0           0.000      17.24     0.00
 2012     5         2,564           0           0           2,208           0           0.000      17.24     0.00
 2013     5         2,454           0           0           2,114           0           0.000      17.24     0.00
 2014     5         2,348           0           0           2,023           0           0.000      17.24     0.00
 2015     5         2,248           0           0           1,935           0           0.000      17.24     0.00
 2016     5         1,798           0           0           1,550           0           0.000      17.24     0.00

 SUB-TOTAL         44,326           0           0          38,180           0           0.000      17.24     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL             44,326           0           0          38,180           0           0.000      17.24     0.00

 CUMULATIVE       222,419           0           0
 ULTIMATE         266,745           0           0
</TABLE>

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>             <C>              <C>           <C>          <C>      <C>          <C>             <C>      <C>
 2002           59,092           0             0            0        59,092       2,559           0        56,533
 2003           56,550           0             0            0        56,550       2,448           0        54,102
 2004           54,120           0             0            0        54,120       2,344           0        51,776
 2005           51,791           0             0            0        51,791       2,242           0        49,549
 2006           49,565           0             0            0        49,565       2,146           0        47,419
 2007           47,434           0             0            0        47,434       2,054           0        45,380
 2008           45,394           0             0            0        45,394       1,966           0        43,428
 2009           43,442           0             0            0        43,442       1,881           0        41,561
 2010           41,574           0             0            0        41,574       1,800           0        39,774
 2011           39,786           0             0            0        39,786       1,723           0        38,063
 2012           38,076           0             0            0        38,076       1,648           0        36,428
 2013           36,438           0             0            0        36,438       1,578           0        34,860
 2014           34,872           0             0            0        34,872       1,510           0        33,362
 2015           33,371           0             0            0        33,371       1,445           0        31,926
 2016           26,712           0             0            0        26,712       1,157           0        25,555

 SUB-TOT       658,217           0             0            0       658,217      28,501           0       629,716
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL         658,217           0             0            0       658,217      28,501           0       629,716
</TABLE>


                                       8
<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>           <C>              <C>         <C>         <C>      <C>            <C>           <C>           <C>
 2002         30,072           0           0           0        30,072         26,461        26,461        25,206
 2003         30,072           0           0           0        30,072         24,030        50,491        20,721
 2004         30,072           0           0           0        30,072         21,704        72,195        16,942
 2005         30,072           0           0           0        30,072         19,477        91,672        13,763
 2006         30,072           0           0           0        30,072         17,347       109,019        11,097
 2007         30,072           0           0           0        30,072         15,308       124,327         8,866
 2008         30,072           0           0           0        30,072         13,356       137,683         7,002
 2009         30,072           0           0           0        30,072         11,489       149,172         5,453
 2010         30,072           0           0           0        30,072          9,702       158,874         4,169
 2011         30,072           0           0           0        30,072          7,991       166,865         3,110
 2012         30,072           0           0           0        30,072          6,356       173,221         2,239
 2013         30,072           0           0           0        30,072          4,788       178,009         1,528
 2014         30,072           0           0           0        30,072          3,290       181,299           951
 2015         30,072           0           0           0        30,072          1,854       183,153           487
 2016         25,060           0           0           0        25,060            495       183,648           119

 SUBTOT      446,068           0           0           0       446,068        183,648                     121,653
 REMAIN            0           0           0           0             0              0       183,648             0
 TOTAL       446,068           0           0           0       446,068        183,648                     121,653
</TABLE>

   LIFE OF EVALUATION IS 14.83 YEARS.
   FINAL PRODUCTION RATE: 177 BBLS/MO
<PAGE>

                               TENGASCO, INC.                          TABLE 59
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE

<TABLE>
<CAPTION>
 MARCOTTE FIELD, ROOKS COUNTY, KANSAS                                                  OIL LEASE
   TENGASCO, INC. - OPERATOR   11-T10S-R20W                                            PROVED
     CROFFOOT -A- 2   (ARBUCKLE)                                                       PRODUCING

                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000  0.860369                         17.24                               5.00% -         4,510
 FINAL   -   1.000000  0.860369                         17.24                              10.00% -         4,217
 REMARKS -                                                                                 15.00% -         3,954
                                                                                           20.00% -         3,717
                                                                                           25.00% -         3,502
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>         <C>           <C>         <C>           <C>           <C>         <C>        <C>       <C>
 2002     4           932           0           0             802           0           0.000      17.24     0.00
 2003     4           894           0           0             769           0           0.000      17.24     0.00
 2004     4           856           0           0             736           0           0.000      17.24     0.00
 2005     4           819           0           0             706           0           0.000      17.24     0.00
 2006     4           266           0           0             228           0           0.000      17.24     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL          3,767           0           0           3,241           0           0.000      17.24     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL              3,767           0           0           3,241           0           0.000      17.24     0.00

 CUMULATIVE       218,456           0           0
 ULTIMATE         222,223           0           0
</TABLE>

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>             <C>              <C>           <C>          <C>      <C>            <C>           <C>      <C>
 2002           13,831           0             0            0        13,831         599           0        13,232
 2003           13,251           0             0            0        13,251         574           0        12,677
 2004           12,694           0             0            0        12,694         549           0        12,145
 2005           12,160           0             0            0        12,160         527           0        11,633
 2006            3,939           0             0            0         3,939         170           0         3,769
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT        55,875           0             0            0        55,875       2,419           0        53,456
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL          55,875           0             0            0        55,875       2,419           0        53,456
</TABLE>


                                       9
<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>           <C>              <C>         <C>         <C>      <C>             <C>           <C>           <C>
 2002         11,220           0           0           0        11,220          2,012         2,012         1,920
 2003         11,220           0           0           0        11,220          1,457         3,469         1,259
 2004         11,220           0           0           0        11,220            925         4,394           724
 2005         11,220           0           0           0        11,220            413         4,807           295
 2006          3,740           0           0           0         3,740             29         4,836            19
 2007              0           0           0           0             0              0         4,836             0
 2008              0           0           0           0             0              0         4,836             0
 2009              0           0           0           0             0              0         4,836             0
 2010              0           0           0           0             0              0         4,836             0
 2011              0           0           0           0             0              0         4,836             0
 2012              0           0           0           0             0              0         4,836             0
 2013              0           0           0           0             0              0         4,836             0
 2014              0           0           0           0             0              0         4,836             0
 2015              0           0           0           0             0              0         4,836             0
 2016              0           0           0           0             0              0         4,836             0

 SUBTOT       48,620           0           0           0        48,620          4,836                       4,217
 REMAIN            0           0           0           0             0              0         4,836             0
 TOTAL        48,620           0           0           0        48,620          4,836                       4,217
</TABLE>

   LIFE OF EVALUATION IS 4.33 YEARS.
   FINAL PRODUCTION RATE: 66 BBLS/MO
<PAGE>

                                  TENGASCO, INC.                       TABLE 60
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE

<TABLE>
<CAPTION>
 MARCOTTE FIELD, ROOKS COUNTY, KANSAS                                                  OIL LEASE
   TENGASCO, INC. - OPERATOR   11-T10S-R20W                                            PROVED
     CROFFOOT -B- 1   (ARBUCKLE)                                                       PRODUCING

                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000  0.820313                         17.24                               5.00% -        10,133
 FINAL   -   1.000000  0.820313                         17.24                              10.00% -         9,748
 REMARKS -                                                                                 15.00% -         9,386
                                                                                           20.00% -         9,045
                                                                                           25.00% -         8,725
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>       <C>             <C>         <C>         <C>             <C>         <C>        <C>       <C>
 2002     6         6,753           0           0           5,540           0           0.000      17.24     0.00
 2003     6         6,483           0           0           5,318           0           0.000      17.24     0.00
 2004     6         2,624           0           0           2,152           0           0.000      17.24     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL         15,860           0           0          13,010           0           0.000      17.24     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL             15,860           0           0          13,010           0           0.000      17.24     0.00

 CUMULATIVE       502,080           0           0
 ULTIMATE         517,940           0           0
</TABLE>

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>             <C>              <C>           <C>          <C>      <C>          <C>             <C>      <C>
 2002           95,505           0             0            0        95,505       4,135           0        91,370
 2003           91,684           0             0            0        91,684       3,970           0        87,714
 2004           37,111           0             0            0        37,111       1,607           0        35,504
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT       224,300           0             0            0       224,300       9,712           0       214,588
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL         224,300           0             0            0       224,300       9,712           0       214,588
</TABLE>


                                       10
<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>           <C>              <C>         <C>         <C>      <C>             <C>           <C>           <C>
 2002         84,432           0           0           0        84,432          6,938         6,938         6,633
 2003         84,432           0           0           0        84,432          3,282        10,220         2,853
 2004         35,180           0           0           0        35,180            324        10,544           262
 2005              0           0           0           0             0              0        10,544             0
 2006              0           0           0           0             0              0        10,544             0
 2007              0           0           0           0             0              0        10,544             0
 2008              0           0           0           0             0              0        10,544             0
 2009              0           0           0           0             0              0        10,544             0
 2010              0           0           0           0             0              0        10,544             0
 2011              0           0           0           0             0              0        10,544             0
 2012              0           0           0           0             0              0        10,544             0
 2013              0           0           0           0             0              0        10,544             0
 2014              0           0           0           0             0              0        10,544             0
 2015              0           0           0           0             0              0        10,544             0
 2016              0           0           0           0             0              0        10,544             0

 SUBTOT      204,044           0           0           0       204,044         10,544                       9,748
 REMAIN            0           0           0           0             0              0        10,544             0
 TOTAL       204,044           0           0           0       204,044         10,544                       9,748
</TABLE>

   LIFE OF EVALUATION IS 2.42 YEARS.
   FINAL PRODUCTION RATE: 521 BBLS/MO
<PAGE>

                             TENGASCO, INC.                            TABLE 61
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE

<TABLE>
<CAPTION>
 MARCOTTE FIELD, ROOKS COUNTY, KANSAS                                                  OIL LEASE
   TENGASCO, INC. - OPERATOR   11-T10S-R20W                                            PROVED
     CROFFOOT -C- 1   (ARBUCKLE)                                                       PRODUCING

                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000  0.806641                         17.24                               5.00% -           204
 FINAL   -   1.000000  0.806641                         17.24                              10.00% -           202
 REMARKS -                                                                                 15.00% -           199
                                                                                           20.00% -           197
                                                                                           25.00% -           194
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>         <C>           <C>         <C>           <C>           <C>         <C>        <C>       <C>
 2002     2           882           0           0             712           0           0.000      17.24     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL            882           0           0             712           0           0.000      17.24     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                882           0           0             712           0           0.000      17.24     0.00

 CUMULATIVE       122,866           0           0
 ULTIMATE         123,748           0           0
</TABLE>

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>             <C>              <C>           <C>          <C>      <C>            <C>           <C>      <C>
 2002           12,267           0             0            0        12,267         531           0        11,736
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT        12,267           0             0            0        12,267         531           0        11,736
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL          12,267           0             0            0        12,267         531           0        11,736
</TABLE>


                                       11
<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>           <C>              <C>         <C>         <C>      <C>               <C>           <C>           <C>
 2002         11,529           0           0           0        11,529            207           207           202
 2003              0           0           0           0             0              0           207             0
 2004              0           0           0           0             0              0           207             0
 2005              0           0           0           0             0              0           207             0
 2006              0           0           0           0             0              0           207             0
 2007              0           0           0           0             0              0           207             0
 2008              0           0           0           0             0              0           207             0
 2009              0           0           0           0             0              0           207             0
 2010              0           0           0           0             0              0           207             0
 2011              0           0           0           0             0              0           207             0
 2012              0           0           0           0             0              0           207             0
 2013              0           0           0           0             0              0           207             0
 2014              0           0           0           0             0              0           207             0
 2015              0           0           0           0             0              0           207             0
 2016              0           0           0           0             0              0           207             0

 SUBTOT       11,529           0           0           0        11,529            207                         202
 REMAIN            0           0           0           0             0              0           207             0
 TOTAL        11,529           0           0           0        11,529            207                         202
</TABLE>

   LIFE OF EVALUATION IS 0.75 YEARS.
   FINAL PRODUCTION RATE: 97 BBLS/MO
<PAGE>

                                 TENGASCO, INC.                         TABLE 62
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE

<TABLE>
<CAPTION>
 MARCOTTE FIELD, ROOKS COUNTY, KANSAS                                                  OIL LEASE
   TENGASCO, INC. - OPERATOR 17-T10S-R19W                                              PROVED
     DICK #1 (ARBUCKLE)                                                                PRODUCING

                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000  0.875000                         17.24                               5.00% -       175,655
 FINAL   -   1.000000  0.875000                         17.24                              10.00% -       154,914
 REMARKS -                                                                                 15.00% -       138,598
                                                                                           20.00% -       125,504
                                                                                           25.00% -       114,804
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>       <C>             <C>         <C>         <C>             <C>         <C>        <C>       <C>
 2002     3         5,467           0           0           4,784           0           0.000      17.24     0.00
 2003     3         3,830           0           0           3,351           0           0.000      17.24     0.00
 2004     3         3,170           0           0           2,774           0           0.000      17.24     0.00
 2005     3         2,738           0           0           2,395           0           0.000      17.24     0.00
 2006     3         2,427           0           0           2,124           0           0.000      17.24     0.00
 2007     3         2,193           0           0           1,919           0           0.000      17.24     0.00
 2008     3         2,008           0           0           1,757           0           0.000      17.24     0.00
 2009     3         1,858           0           0           1,626           0           0.000      17.24     0.00
 2010     3         1,733           0           0           1,516           0           0.000      17.24     0.00
 2011     3         1,626           0           0           1,423           0           0.000      17.24     0.00
 2012     3         1,536           0           0           1,344           0           0.000      17.24     0.00
 2013     3         1,456           0           0           1,274           0           0.000      17.24     0.00
 2014     3         1,387           0           0           1,213           0           0.000      17.24     0.00
 2015     3           336           0           0             295           0           0.000      17.24     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL         31,765           0           0          27,795           0           0.000      17.24     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL             31,765           0           0          27,795           0           0.000      17.24     0.00

 CUMULATIVE        61,636           0           0
 ULTIMATE          93,401           0           0
</TABLE>

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>             <C>              <C>           <C>          <C>      <C>          <C>             <C>      <C>
 2002           82,477           0             0            0        82,477       3,571           0        78,906
 2003           57,769           0             0            0        57,769       2,502           0        55,267
 2004           47,823           0             0            0        47,823       2,070           0        45,753
 2005           41,294           0             0            0        41,294       1,788           0        39,506
 2006           36,622           0             0            0        36,622       1,586           0        35,036
 2007           33,081           0             0            0        33,081       1,433           0        31,648
 2008           30,290           0             0            0        30,290       1,311           0        28,979
 2009           28,022           0             0            0        28,022       1,213           0        26,809
 2010           26,136           0             0            0        26,136       1,132           0        25,004
 2011           24,538           0             0            0        24,538       1,063           0        23,475
 2012           23,165           0             0            0        23,165       1,003           0        22,162
 2013           21,969           0             0            0        21,969         951           0        21,018
 2014           20,915           0             0            0        20,915         906           0        20,009
 2015            5,079           0             0            0         5,079         219           0         4,860
 2016                0           0             0            0             0           0           0             0

 SUB-TOT       479,180           0             0            0       479,180      20,748           0       458,432
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL         479,180           0             0            0       479,180      20,748           0       458,432
</TABLE>

<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>           <C>              <C>         <C>         <C>      <C>            <C>           <C>           <C>
 2002         19,308           0           0           0        19,308         59,598        59,598        57,180
 2003         19,308           0           0           0        19,308         35,959        95,557        31,068
 2004         19,308           0           0           0        19,308         26,445       122,002        20,673
 2005         19,308           0           0           0        19,308         20,198       142,200        14,290
 2006         19,308           0           0           0        19,308         15,728       157,928        10,072
 2007         19,308           0           0           0        19,308         12,340       170,268         7,153
 2008         19,308           0           0           0        19,308          9,671       179,939         5,074
 2009         19,308           0           0           0        19,308          7,501       187,440         3,564
 2010         19,308           0           0           0        19,308          5,696       193,136         2,450
 2011         19,308           0           0           0        19,308          4,167       197,303         1,623
 2012         19,308           0           0           0        19,308          2,854       200,157         1,007
 2013         19,308           0           0           0        19,308          1,710       201,867           547
 2014         19,308           0           0           0        19,308            701       202,568           204
 2015          4,827           0           0           0         4,827             33       202,601             9
 2016              0           0           0           0             0              0       202,601             0

 SUBTOT      255,831           0           0           0       255,831        202,601                     154,914
 REMAIN            0           0           0           0             0              0       202,601             0
 TOTAL       255,831           0           0           0       255,831        202,601                     154,914

   LIFE OF EVALUATION IS 13.25 YEARS.
   FINAL PRODUCTION RATE: 112 BBLS/MO
</TABLE>


<PAGE>

                                  TENGASCO, INC.                       TABLE 63
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE

<TABLE>
<CAPTION>
 MCHALE FIELD, ROOKS COUNTY, KANSAS                                                    OIL LEASE
   TENGASCO, INC. - OPERATOR   17-T9S-R18W                                             PROVED
     HARRISON -A- #1   (ARBUCKLE)                                                      PRODUCING

                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000  0.875000                         17.24                               5.00% -       312,395
 FINAL   -   1.000000  0.875000                         17.24                              10.00% -       254,859
 REMARKS -                                                                                 15.00% -       213,425
                                                                                           20.00% -       182,666
                                                                                           25.00% -       159,191
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>       <C>             <C>         <C>         <C>             <C>         <C>        <C>       <C>
 2002     5         6,306           0           0           5,518           0           0.000      17.24     0.00
 2003     5         5,959           0           0           5,214           0           0.000      17.24     0.00
 2004     5         5,631           0           0           4,927           0           0.000      17.24     0.00
 2005     5         5,322           0           0           4,656           0           0.000      17.24     0.00
 2006     5         5,029           0           0           4,401           0           0.000      17.24     0.00
 2007     5         4,752           0           0           4,158           0           0.000      17.24     0.00
 2008     5         4,491           0           0           3,930           0           0.000      17.24     0.00
 2009     5         4,244           0           0           3,713           0           0.000      17.24     0.00
 2010     5         4,010           0           0           3,509           0           0.000      17.24     0.00
 2011     5         3,790           0           0           3,316           0           0.000      17.24     0.00
 2012     5         3,581           0           0           3,134           0           0.000      17.24     0.00
 2013     5         3,385           0           0           2,961           0           0.000      17.24     0.00
 2014     5         3,198           0           0           2,799           0           0.000      17.24     0.00
 2015     5         3,023           0           0           2,645           0           0.000      17.24     0.00
 2016     5         2,856           0           0           2,499           0           0.000      17.24     0.00

 SUB-TOTAL         65,577           0           0          57,380           0           0.000      17.24     0.00
 REMAINDER          3,779           0           0           3,307           0           0.000      17.24     0.00
 TOTAL             69,356           0           0          60,687           0           0.000      17.24     0.00

 CUMULATIVE       251,491           0           0
 ULTIMATE         320,847           0           0
</TABLE>

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>             <C>              <C>           <C>          <C>      <C>          <C>             <C>      <C>
 2002           95,124           0             0            0        95,124       4,119           0        91,005
 2003           89,891           0             0            0        89,891       3,892           0        85,999
 2004           84,948           0             0            0        84,948       3,678           0        81,270
 2005           80,276           0             0            0        80,276       3,476           0        76,800
 2006           75,860           0             0            0        75,860       3,285           0        72,575
 2007           71,688           0             0            0        71,688       3,104           0        68,584
 2008           67,745           0             0            0        67,745       2,934           0        64,811
 2009           64,020           0             0            0        64,020       2,772           0        61,248
 2010           60,498           0             0            0        60,498       2,619           0        57,879
 2011           57,171           0             0            0        57,171       2,476           0        54,695
 2012           54,026           0             0            0        54,026       2,339           0        51,687
 2013           51,055           0             0            0        51,055       2,211           0        48,844
 2014           48,247           0             0            0        48,247       2,089           0        46,158
 2015           45,593           0             0            0        45,593       1,974           0        43,619
 2016           43,086           0             0            0        43,086       1,866           0        41,220

 SUB-TOT       989,228           0             0            0       989,228      42,834           0       946,394
 REMAIN         57,013           0             0            0        57,013       2,468           0        54,545
 TOTAL       1,046,241           0             0            0     1,046,241      45,302           0     1,000,939
</TABLE>

<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>           <C>              <C>         <C>         <C>      <C>            <C>           <C>           <C>
 2002         36,912           0           0           0        36,912         54,093        54,093        51,527
 2003         36,912           0           0           0        36,912         49,087       103,180        42,328
 2004         36,912           0           0           0        36,912         44,358       147,538        34,625
 2005         36,912           0           0           0        36,912         39,888       187,426        28,186
 2006         36,912           0           0           0        36,912         35,663       223,089        22,814
 2007         36,912           0           0           0        36,912         31,672       254,761        18,340
 2008         36,912           0           0           0        36,912         27,899       282,660        14,626
 2009         36,912           0           0           0        36,912         24,336       306,996        11,550
 2010         36,912           0           0           0        36,912         20,967       327,963         9,008
 2011         36,912           0           0           0        36,912         17,783       345,746         6,917
 2012         36,912           0           0           0        36,912         14,775       360,521         5,204
 2013         36,912           0           0           0        36,912         11,932       372,453         3,805
 2014         36,912           0           0           0        36,912          9,246       381,699         2,670
 2015         36,912           0           0           0        36,912          6,707       388,406         1,754
 2016         36,912           0           0           0        36,912          4,308       392,714         1,022

 SUBTOT      553,680           0           0           0       553,680        392,714                     254,376
 REMAIN       52,292           0           0           0        52,292          2,253       394,967           483
 TOTAL       605,972           0           0           0       605,972        394,967                     254,859
</TABLE>

   LIFE OF EVALUATION IS 16.42 YEARS.
   FINAL PRODUCTION RATE: 214 BBLS/MO
<PAGE>

                                  TENGASCO, INC.                       TABLE 64
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE

<TABLE>
<CAPTION>
 MCHALE FIELD, ROOKS COUNTY, KANSAS                                                    OIL LEASE
   TENGASCO, INC. - OPERATOR   17-T9S-R18W                                             PROVED
     HILGERS -B- #1   (ARBUCKLE)                                                       PRODUCING

                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000  0.875000                         17.24                               5.00% -           376
 FINAL   -   1.000000  0.875000                         17.24                              10.00% -           373
 REMARKS -                                                                                 15.00% -           369
                                                                                           20.00% -           366
                                                                                           25.00% -           363
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>         <C>           <C>         <C>           <C>           <C>         <C>        <C>       <C>
 2002     3           833           0           0             729           0           0.000      17.24     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL            833           0           0             729           0           0.000      17.24     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                833           0           0             729           0           0.000      17.24     0.00

 CUMULATIVE       216,520           0           0
 ULTIMATE         217,353           0           0
</TABLE>

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>             <C>              <C>           <C>          <C>      <C>            <C>           <C>      <C>
 2002           12,565           0             0            0        12,565         544           0        12,021
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT        12,565           0             0            0        12,565         544           0        12,021
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL          12,565           0             0            0        12,565         544           0        12,021
</TABLE>

<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>           <C>              <C>         <C>         <C>      <C>               <C>           <C>           <C>
 2002         11,641           0           0           0        11,641            380           380           373
 2003              0           0           0           0             0              0           380             0
 2004              0           0           0           0             0              0           380             0
 2005              0           0           0           0             0              0           380             0
 2006              0           0           0           0             0              0           380             0
 2007              0           0           0           0             0              0           380             0
 2008              0           0           0           0             0              0           380             0
 2009              0           0           0           0             0              0           380             0
 2010              0           0           0           0             0              0           380             0
 2011              0           0           0           0             0              0           380             0
 2012              0           0           0           0             0              0           380             0
 2013              0           0           0           0             0              0           380             0
 2014              0           0           0           0             0              0           380             0
 2015              0           0           0           0             0              0           380             0
 2016              0           0           0           0             0              0           380             0

 SUBTOT       11,641           0           0           0        11,641            380                         373
 REMAIN            0           0           0           0             0              0           380             0
 TOTAL        11,641           0           0           0        11,641            380                         373
</TABLE>

   LIFE OF EVALUATION IS 0.58 YEARS.
   FINAL PRODUCTION RATE: 116 BBLS/MO
<PAGE>

                                  TENGASCO, INC.                       TABLE 65
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE

<TABLE>
<CAPTION>
 MCHALE FIELD, ROOKS COUNTY, KANSAS                                                    OIL LEASE
   TENGASCO, INC. - OPERATOR   16-T9S-R18W                                             PROVED
     KABA #1   (ARBUCKLE-LANSING-T)                                                    PRODUCING

                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000                                                                       5.00% -             0
 FINAL   -   1.000000                                                                      10.00% -             0
 REMARKS -                                                                                 15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE        23,243           0           0
 ULTIMATE          23,243           0           0
</TABLE>

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>

<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0
 2016              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0
</TABLE>

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0 BBLS/MO
<PAGE>

                                  TENGASCO, INC.                       TABLE 66
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE

<TABLE>
<CAPTION>
 OMLOR FIELD, STAFFORD COUNTY, KANSAS                                                  OIL LEASE
   TENGASCO, INC. - OPERATOR   11-T22S-R14W                                            PROVED
     MILLER #1   (KSSC-LNSG)                                                           PRODUCING

                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   0.875000  0.708801                         17.24                               5.00% -         4,390
 FINAL   -   0.875000  0.708801                         17.24                              10.00% -         4,112
 REMARKS -                                                                                 15.00% -         3,863
                                                                                           20.00% -         3,640
                                                                                           25.00% -         3,439
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>         <C>           <C>         <C>           <C>           <C>         <C>        <C>       <C>
 2002     1           772           0           0             547           0           0.000      17.24     0.00
 2003     1           702           0           0             498           0           0.000      17.24     0.00
 2004     1           665           0           0             471           0           0.000      17.24     0.00
 2005     1           631           0           0             447           0           0.000      17.24     0.00
 2006     1           403           0           0             286           0           0.000      17.24     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL          3,173           0           0           2,249           0           0.000      17.24     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL              3,173           0           0           2,249           0           0.000      17.24     0.00

 CUMULATIVE        33,316           0           0
 ULTIMATE          36,489           0           0
</TABLE>

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>              <C>             <C>           <C>          <C>       <C>           <C>           <C>       <C>
 2002            9,428           0             0            0         9,428         408           0         9,020
 2003            8,588           0             0            0         8,588         372           0         8,216
 2004            8,122           0             0            0         8,122         352           0         7,770
 2005            7,706           0             0            0         7,706         333           0         7,373
 2006            4,926           0             0            0         4,926         214           0         4,712
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT        38,770           0             0            0        38,770       1,679           0        37,091
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL          38,770           0             0            0        38,770       1,679           0        37,091
</TABLE>

<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>         <C>         <C>       <C>            <C>           <C>           <C>
 2002          6,941           0           0           0         6,941          2,079         2,079         1,996
 2003          6,940           0           0           0         6,940          1,276         3,355         1,103
 2004          6,941           0           0           0         6,941            829         4,184           649
 2005          6,940           0           0           0         6,940            433         4,617           308
 2006          4,627           0           0           0         4,627             85         4,702            56
 2007              0           0           0           0             0              0         4,702             0
 2008              0           0           0           0             0              0         4,702             0
 2009              0           0           0           0             0              0         4,702             0
 2010              0           0           0           0             0              0         4,702             0
 2011              0           0           0           0             0              0         4,702             0
 2012              0           0           0           0             0              0         4,702             0
 2013              0           0           0           0             0              0         4,702             0
 2014              0           0           0           0             0              0         4,702             0
 2015              0           0           0           0             0              0         4,702             0
 2016              0           0           0           0             0              0         4,702             0

 SUBTOT       32,389           0           0           0        32,389          4,702                       4,112
 REMAIN            0           0           0           0             0              0         4,702             0
 TOTAL        32,389           0           0           0        32,389          4,702                       4,112
</TABLE>

   LIFE OF EVALUATION IS 4.67 YEARS.
   FINAL PRODUCTION RATE: 50 BBLS/MO
<PAGE>

                               TENGASCO, INC.                          TABLE 67
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE

<TABLE>
<CAPTION>
 OMLOR FIELD, STAFFORD COUNTY, KANSAS                                                  OIL LEASE
   TENGASCO, INC. - OPERATOR   11-T22S-R14W                                            PROVED
     WILLIAMS #1   (KSSC-LNSG)                                                         PRODUCING

                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   0.875000                                                                       5.00% -             0
 FINAL   -   0.875000                                                                      10.00% -             0
 REMARKS -                                                                                 15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE       113,838           0           0
 ULTIMATE         113,838           0           0
</TABLE>

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>

<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0
 2016              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0
</TABLE>

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0 BBLS/MO
<PAGE>

                                  TENGASCO, INC.                       TABLE 68
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE

<TABLE>
<CAPTION>
 OTIS-ALBERT FIELD, RUSH COUNTY, KANSAS                                                GAS LEASE
   TENGASCO, INC. - OPERATOR   2-T18S-R16W                                             PROVED
     HARTMAN -C- #1   (PENNSYLVANIAN)                                                  PRODUCING

                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000                                                                       5.00% -             0
 FINAL   -   1.000000                                                                      10.00% -             0
 REMARKS -                                                                                 15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE             0           0          73
 ULTIMATE               0           0          73
</TABLE>

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>

<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0
 2016              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0.0 MMCF/MO
</TABLE>
<PAGE>

                                 TENGASCO, INC.                        TABLE 69
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE

<TABLE>
<CAPTION>
 PARADISE CREEK FIELD, ROOKS COUNTY, KANSAS                                            OIL LEASE
   TENGASCO, INC. - OPERATOR   21-T9S-R18W                                             PROVED
     STAHL #2   (ARBUCKLE)                                                             PRODUCING

                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000  0.843750                         17.24                               5.00% -       139,434
 FINAL   -   1.000000  0.843750                         17.24                              10.00% -       118,004
 REMARKS -                                                                                 15.00% -       101,554
                                                                                           20.00% -        88,694
                                                                                           25.00% -        78,464
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>       <C>             <C>         <C>         <C>             <C>         <C>        <C>       <C>
 2002     4         5,539           0           0           4,673           0           0.000      17.24     0.00
 2003     4         5,328           0           0           4,496           0           0.000      17.24     0.00
 2004     4         5,124           0           0           4,324           0           0.000      17.24     0.00
 2005     4         4,930           0           0           4,159           0           0.000      17.24     0.00
 2006     4         4,742           0           0           4,001           0           0.000      17.24     0.00
 2007     4         4,561           0           0           3,848           0           0.000      17.24     0.00
 2008     4         4,387           0           0           3,702           0           0.000      17.24     0.00
 2009     4         4,220           0           0           3,561           0           0.000      17.24     0.00
 2010     4         4,059           0           0           3,425           0           0.000      17.24     0.00
 2011     4         3,905           0           0           3,294           0           0.000      17.24     0.00
 2012     4         3,756           0           0           3,169           0           0.000      17.24     0.00
 2013     4         3,613           0           0           3,049           0           0.000      17.24     0.00
 2014     4           881           0           0             744           0           0.000      17.24     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL         55,045           0           0          46,445           0           0.000      17.24     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL             55,045           0           0          46,445           0           0.000      17.24     0.00

 CUMULATIVE       132,675           0           0
 ULTIMATE         187,720           0           0
</TABLE>

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>             <C>              <C>           <C>          <C>      <C>          <C>             <C>      <C>
 2002           80,569           0             0            0        80,569       3,489           0        77,080
 2003           77,499           0             0            0        77,499       3,355           0        74,144
 2004           74,547           0             0            0        74,547       3,228           0        71,319
 2005           71,706           0             0            0        71,706       3,105           0        68,601
 2006           68,974           0             0            0        68,974       2,987           0        65,987
 2007           66,346           0             0            0        66,346       2,872           0        63,474
 2008           63,819           0             0            0        63,819       2,764           0        61,055
 2009           61,387           0             0            0        61,387       2,658           0        58,729
 2010           59,048           0             0            0        59,048       2,557           0        56,491
 2011           56,799           0             0            0        56,799       2,459           0        54,340
 2012           54,634           0             0            0        54,634       2,366           0        52,268
 2013           52,553           0             0            0        52,553       2,275           0        50,278
 2014           12,822           0             0            0        12,822         555           0        12,267
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT       800,703           0             0            0       800,703      34,670           0       766,033
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL         800,703           0             0            0       800,703      34,670           0       766,033
</TABLE>

<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>           <C>              <C>         <C>         <C>      <C>            <C>           <C>           <C>
 2002         48,828           0           0           0        48,828         28,252        28,252        26,914
 2003         48,828           0           0           0        48,828         25,316        53,568        21,833
 2004         48,828           0           0           0        48,828         22,491        76,059        17,559
 2005         48,828           0           0           0        48,828         19,773        95,832        13,975
 2006         48,828           0           0           0        48,828         17,159       112,991        10,980
 2007         48,828           0           0           0        48,828         14,646       127,637         8,484
 2008         48,828           0           0           0        48,828         12,227       139,864         6,413
 2009         48,828           0           0           0        48,828          9,901       149,765         4,703
 2010         48,828           0           0           0        48,828          7,663       157,428         3,296
 2011         48,828           0           0           0        48,828          5,512       162,940         2,147
 2012         48,828           0           0           0        48,828          3,440       166,380         1,216
 2013         48,828           0           0           0        48,828          1,450       167,830           466
 2014         12,207           0           0           0        12,207             60       167,890            18
 2015              0           0           0           0             0              0       167,890             0
 2016              0           0           0           0             0              0       167,890             0

 SUBTOT      598,143           0           0           0       598,143        167,890                     118,004
 REMAIN            0           0           0           0             0              0       167,890             0
 TOTAL       598,143           0           0           0       598,143        167,890                     118,004

   LIFE OF EVALUATION IS 12.25 YEARS.
   FINAL PRODUCTION RATE: 293 BBLS/MO
</TABLE>

<PAGE>

                                  TENGASCO, INC.                       TABLE 70
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE

<TABLE>
<CAPTION>
 PARADISE CREEK FIELD, ROOKS COUNTY, KANSAS                                            OIL LEASE
   TENGASCO, INC. - OPERATOR   21-T9S-R18W                                             PROVED
     STAHL #7 PUD   (ARBUCKLE)                                                         UNDEVELOPED

                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000  0.843750                         17.24                               5.00% -       128,774
 FINAL   -   1.000000  0.843750                         17.24                              10.00% -        81,103
 REMARKS -                                                                                 15.00% -        51,024
                                                                                           20.00% -        30,957
                                                                                           25.00% -        16,948
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>       <C>             <C>         <C>         <C>             <C>         <C>        <C>       <C>
 2002     1         3,426           0           0           2,891           0           0.000      17.24     0.00
 2003     1         3,228           0           0           2,723           0           0.000      17.24     0.00
 2004     1         2,607           0           0           2,200           0           0.000      17.24     0.00
 2005     1         2,484           0           0           2,096           0           0.000      17.24     0.00
 2006     1         2,367           0           0           1,997           0           0.000      17.24     0.00
 2007     1         2,255           0           0           1,903           0           0.000      17.24     0.00
 2008     1         2,149           0           0           1,813           0           0.000      17.24     0.00
 2009     1         2,047           0           0           1,727           0           0.000      17.24     0.00
 2010     1         1,951           0           0           1,646           0           0.000      17.24     0.00
 2011     1         1,858           0           0           1,568           0           0.000      17.24     0.00
 2012     1         1,771           0           0           1,494           0           0.000      17.24     0.00
 2013     1         1,687           0           0           1,424           0           0.000      17.24     0.00
 2014     1         1,608           0           0           1,356           0           0.000      17.24     0.00
 2015     1         1,532           0           0           1,293           0           0.000      17.24     0.00
 2016     1         1,459           0           0           1,231           0           0.000      17.24     0.00

 SUB-TOTAL         32,429           0           0          27,362           0           0.000      17.24     0.00
 REMAINDER         11,295           0           0           9,530           0           0.000      17.24     0.00
 TOTAL             43,724           0           0          36,892           0           0.000      17.24     0.00

 CUMULATIVE             0           0           0
 ULTIMATE          43,724           0           0
</TABLE>

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>             <C>              <C>           <C>          <C>      <C>          <C>             <C>      <C>
 2002           49,835           0             0            0        49,835       2,158           0        47,677
 2003           46,956           0             0            0        46,956       2,033           0        44,923
 2004           37,924           0             0            0        37,924       1,642           0        36,282
 2005           36,134           0             0            0        36,134       1,565           0        34,569
 2006           34,428           0             0            0        34,428       1,490           0        32,938
 2007           32,803           0             0            0        32,803       1,421           0        31,382
 2008           31,255           0             0            0        31,255       1,353           0        29,902
 2009           29,780           0             0            0        29,780       1,290           0        28,490
 2010           28,374           0             0            0        28,374       1,228           0        27,146
 2011           27,035           0             0            0        27,035       1,171           0        25,864
 2012           25,759           0             0            0        25,759       1,115           0        24,644
 2013           24,542           0             0            0        24,542       1,063           0        23,479
 2014           23,385           0             0            0        23,385       1,012           0        22,373
 2015           22,281           0             0            0        22,281         965           0        21,316
 2016           21,229           0             0            0        21,229         919           0        20,310

 SUB-TOT       471,720           0             0            0       471,720      20,425           0       451,295
 REMAIN        164,294           0             0            0       164,294       7,114           0       157,180
 TOTAL         636,014           0             0            0       636,014      27,539           0       608,475
</TABLE>

<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>   <C>               <C>     <C>             <C>           <C>           <C>
 2002          6,102           0     100,000           0       106,102        -58,425       -58,425       -56,055
 2003         12,204           0           0           0        12,204         32,719       -25,706        28,404
 2004         12,204           0           0           0        12,204         24,078        -1,628        18,791
 2005         12,204           0           0           0        12,204         22,365        20,737        15,799
 2006         12,204           0           0           0        12,204         20,734        41,471        13,259
 2007         12,204           0           0           0        12,204         19,178        60,649        11,102
 2008         12,204           0           0           0        12,204         17,698        78,347         9,274
 2009         12,204           0           0           0        12,204         16,286        94,633         7,726
 2010         12,204           0           0           0        12,204         14,942       109,575         6,416
 2011         12,204           0           0           0        12,204         13,660       123,235         5,310
 2012         12,204           0           0           0        12,204         12,440       135,675         4,377
 2013         12,204           0           0           0        12,204         11,275       146,950         3,592
 2014         12,204           0           0           0        12,204         10,169       157,119         2,932
 2015         12,204           0           0           0        12,204          9,112       166,231         2,379
 2016         12,204           0           0           0        12,204          8,106       174,337         1,915

 SUBTOT      176,958           0     100,000           0       276,958        174,337                      75,221
 REMAIN      122,040           0           0           0       122,040         35,140       209,477         5,882
 TOTAL       298,998           0     100,000           0       398,998        209,477                      81,103
</TABLE>

   LIFE OF EVALUATION IS 25.00 YEARS.
   FINAL PRODUCTION RATE: 73 BBLS/MO
<PAGE>

                                 TENGASCO, INC.                        TABLE 71
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE

<TABLE>
<CAPTION>
 PAWNEE ROCK FIELD, PAWNEE COUNTY, KANSAS                                              OIL LEASE
   TENGASCO, INC. - OPERATOR   13-T20S-R16W                                            PROVED
     O'SCHULTZ #1   (ARBUCKLE)                                                         PRODUCING

                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   0.937500  0.820313                         17.24                               5.00% -         1,125
 FINAL   -   0.937500  0.820313                         17.24                              10.00% -         1,106
 REMARKS -                                                                                 15.00% -         1,087
                                                                                           20.00% -         1,069
                                                                                           25.00% -         1,051
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>       <C>             <C>         <C>         <C>             <C>         <C>        <C>       <C>
 2002     2         1,534           0           0           1,258           0           0.000      17.24     0.00
 2003     2           121           0           0              99           0           0.000      17.24     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL          1,655           0           0           1,357           0           0.000      17.24     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL              1,655           0           0           1,357           0           0.000      17.24     0.00

 CUMULATIVE        46,100           0           0
 ULTIMATE          47,755           0           0
</TABLE>

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>             <C>              <C>           <C>          <C>      <C>            <C>           <C>      <C>
 2002           21,689           0             0            0        21,689         939           0        20,750
 2003            1,712           0             0            0         1,712          74           0         1,638
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT        23,401           0             0            0        23,401       1,013           0        22,388
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL          23,401           0             0            0        23,401       1,013           0        22,388
</TABLE>

<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>           <C>              <C>         <C>         <C>      <C>             <C>           <C>           <C>
 2002         19,609           0           0           0        19,609          1,141         1,141         1,102
 2003          1,634           0           0           0         1,634              4         1,145             4
 2004              0           0           0           0             0              0         1,145             0
 2005              0           0           0           0             0              0         1,145             0
 2006              0           0           0           0             0              0         1,145             0
 2007              0           0           0           0             0              0         1,145             0
 2008              0           0           0           0             0              0         1,145             0
 2009              0           0           0           0             0              0         1,145             0
 2010              0           0           0           0             0              0         1,145             0
 2011              0           0           0           0             0              0         1,145             0
 2012              0           0           0           0             0              0         1,145             0
 2013              0           0           0           0             0              0         1,145             0
 2014              0           0           0           0             0              0         1,145             0
 2015              0           0           0           0             0              0         1,145             0
 2016              0           0           0           0             0              0         1,145             0

 SUBTOT       21,243           0           0           0        21,243          1,145                       1,106
 REMAIN            0           0           0           0             0              0         1,145             0
 TOTAL        21,243           0           0           0        21,243          1,145                       1,106
</TABLE>

   LIFE OF EVALUATION IS 1.08 YEARS.
   FINAL PRODUCTION RATE: 121 BBLS/MO
<PAGE>

                                  TENGASCO, INC.                       TABLE 72
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE

<TABLE>
<CAPTION>
 PAWNEE ROCK FIELD, PAWNEE COUNTY, KANSAS                                              OIL LEASE
   TENGASCO, INC. - OPERATOR   24-T20S-R16W                                            PROVED
     OETKIN #2   (ARBUCKLE)                                                            PRODUCING

                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   0.937500                                                                       5.00% -             0
 FINAL   -   0.937500                                                                      10.00% -             0
 REMARKS -                                                                                 15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002     1             0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE       119,009           0           0
 ULTIMATE         119,009           0           0
</TABLE>

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>

<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0
 2016              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0
</TABLE>

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0 BBLS/MO
<PAGE>
                                 TENGASCO, INC.                       TABLE 73
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE

<TABLE>
<CAPTION>
 PAWNEE ROCK FIELD, PAWNEE COUNTY, KANSAS                                              OIL LEASE
   TENGASCO, INC. - OPERATOR   24-T20S-R16W                                            PROBABLE
     OETKIN #8 PBUD   (ARBUCKLE)                                                       UNDEVELOPED

                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   0.937500                                                                       5.00% -             0
 FINAL   -   0.937500                                                                      10.00% -             0
 REMARKS -                                                                                 15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE             0           0           0
 ULTIMATE               0           0           0
</TABLE>

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>

<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0
 2016              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0
</TABLE>

   LIFE OF EVALUATION IS 1.42 YEARS.
   FINAL PRODUCTION RATE: 0 BBLS/MO
<PAGE>

                                  TENGASCO, INC.                       TABLE 74
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE

<TABLE>
<CAPTION>
 PLAINVILLE FIELD, ROOKS COUNTY, KANSAS                                                OIL LEASE
   TENGASCO, INC. - OPERATOR   12-T10S-R18W                                            PROVED
     ANDERSON -A- #1   (LANSING)                                                       PRODUCING

                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000  0.875000                         17.24                               5.00% -           238
 FINAL   -   1.000000  0.875000                         17.24                              10.00% -           233
 REMARKS -                                                                                 15.00% -           228
                                                                                           20.00% -           224
                                                                                           25.00% -           219
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>         <C>           <C>         <C>           <C>           <C>         <C>        <C>       <C>
 2002     1           270           0           0             237           0           0.000      17.24     0.00
 2003     1            86           0           0              75           0           0.000      17.24     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL            356           0           0             312           0           0.000      17.24     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                356           0           0             312           0           0.000      17.24     0.00

 CUMULATIVE        12,438           0           0
 ULTIMATE          12,794           0           0
</TABLE>

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>              <C>             <C>           <C>          <C>       <C>           <C>           <C>       <C>
 2002            4,080           0             0            0         4,080         177           0         3,903
 2003            1,292           0             0            0         1,292          56           0         1,236
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT         5,372           0             0            0         5,372         233           0         5,139
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL           5,372           0             0            0         5,372         233           0         5,139
</TABLE>

<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>         <C>         <C>       <C>              <C>           <C>           <C>
 2002          3,672           0           0           0         3,672            231           231           222
 2003          1,224           0           0           0         1,224             12           243            11
 2004              0           0           0           0             0              0           243             0
 2005              0           0           0           0             0              0           243             0
 2006              0           0           0           0             0              0           243             0
 2007              0           0           0           0             0              0           243             0
 2008              0           0           0           0             0              0           243             0
 2009              0           0           0           0             0              0           243             0
 2010              0           0           0           0             0              0           243             0
 2011              0           0           0           0             0              0           243             0
 2012              0           0           0           0             0              0           243             0
 2013              0           0           0           0             0              0           243             0
 2014              0           0           0           0             0              0           243             0
 2015              0           0           0           0             0              0           243             0
 2016              0           0           0           0             0              0           243             0

 SUBTOT        4,896           0           0           0         4,896            243                         233
 REMAIN            0           0           0           0             0              0           243             0
 TOTAL         4,896           0           0           0         4,896            243                         233
</TABLE>

   LIFE OF EVALUATION IS 1.33 YEARS.
   FINAL PRODUCTION RATE: 21 BBLS/MO
<PAGE>

                                TENGASCO, INC.                         TABLE 75
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE

<TABLE>
<CAPTION>
 PLAINVILLE FIELD, ROOKS COUNTY, KANSAS                                                OIL LEASE
   TENGASCO, INC. - OPERATOR   12-T10S-R18W                                            PROVED
     BARDOT #1   (KSSC-LNSG)                                                           PRODUCING

                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000                                                                       5.00% -             0
 FINAL   -   1.000000                                                                      10.00% -             0
 REMARKS -                                                                                 15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE        25,414           0           0
 ULTIMATE          25,414           0           0
</TABLE>

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0
 2016              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0 BBLS/MO
</TABLE>
<PAGE>

                             TENGASCO, INC. TABLE 76
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE

<TABLE>
<CAPTION>
 PLAINVILLE FIELD, ROOKS COUNTY, KANSAS                                                OIL LEASE
   TENGASCO, INC. - OPERATOR   18-T10S-R17W                                            PROVED
     GARVERT -A- #1   (KANSAS CITY)                                                    PRODUCING

                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000  0.875000                         17.24                               5.00% -       104,528
 FINAL   -   1.000000  0.875000                         17.24                              10.00% -        74,074
 REMARKS -                                                                                 15.00% -        56,765
                                                                                           20.00% -        45,854
                                                                                           25.00% -        38,422
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>       <C>             <C>         <C>           <C>           <C>         <C>        <C>       <C>
 2002     1         1,124           0           0             983           0           0.000      17.24     0.00
 2003     1         1,087           0           0             952           0           0.000      17.24     0.00
 2004     1         1,052           0           0             920           0           0.000      17.24     0.00
 2005     1         1,018           0           0             891           0           0.000      17.24     0.00
 2006     1           985           0           0             862           0           0.000      17.24     0.00
 2007     1           953           0           0             833           0           0.000      17.24     0.00
 2008     1           921           0           0             807           0           0.000      17.24     0.00
 2009     1           892           0           0             780           0           0.000      17.24     0.00
 2010     1           863           0           0             755           0           0.000      17.24     0.00
 2011     1           835           0           0             731           0           0.000      17.24     0.00
 2012     1           808           0           0             706           0           0.000      17.24     0.00
 2013     1           781           0           0             684           0           0.000      17.24     0.00
 2014     1           756           0           0             662           0           0.000      17.24     0.00
 2015     1           732           0           0             640           0           0.000      17.24     0.00
 2016     1           707           0           0             619           0           0.000      17.24     0.00

 SUB-TOTAL         13,514           0           0          11,825           0           0.000      17.24     0.00
 REMAINDER         10,512           0           0           9,198           0           0.000      17.24     0.00
 TOTAL             24,026           0           0          21,023           0           0.000      17.24     0.00

 CUMULATIVE        30,061           0           0
 ULTIMATE          54,087           0           0
</TABLE>

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>             <C>              <C>           <C>          <C>      <C>            <C>           <C>      <C>
 2002           16,954           0             0            0        16,954         734           0        16,220
 2003           16,403           0             0            0        16,403         710           0        15,693
 2004           15,870           0             0            0        15,870         688           0        15,182
 2005           15,354           0             0            0        15,354         664           0        14,690
 2006           14,855           0             0            0        14,855         644           0        14,211
 2007           14,373           0             0            0        14,373         622           0        13,751
 2008           13,905           0             0            0        13,905         602           0        13,303
 2009           13,453           0             0            0        13,453         583           0        12,870
 2010           13,016           0             0            0        13,016         563           0        12,453
 2011           12,593           0             0            0        12,593         545           0        12,048
 2012           12,184           0             0            0        12,184         528           0        11,656
 2013           11,788           0             0            0        11,788         510           0        11,278
 2014           11,405           0             0            0        11,405         494           0        10,911
 2015           11,034           0             0            0        11,034         478           0        10,556
 2016           10,675           0             0            0        10,675         462           0        10,213

 SUB-TOT       203,862           0             0            0       203,862       8,827           0       195,035
 REMAIN        158,572           0             0            0       158,572       6,866           0       151,706
 TOTAL         362,434           0             0            0       362,434      15,693           0       346,741
</TABLE>

<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>         <C>         <C>       <C>           <C>           <C>           <C>
 2002          5,040           0           0           0         5,040         11,180        11,180        10,646
 2003          5,040           0           0           0         5,040         10,653        21,833         9,182
 2004          5,040           0           0           0         5,040         10,142        31,975         7,913
 2005          5,040           0           0           0         5,040          9,650        41,625         6,816
 2006          5,040           0           0           0         5,040          9,171        50,796         5,863
 2007          5,040           0           0           0         5,040          8,711        59,507         5,042
 2008          5,040           0           0           0         5,040          8,263        67,770         4,329
 2009          5,040           0           0           0         5,040          7,830        75,600         3,713
 2010          5,040           0           0           0         5,040          7,413        83,013         3,182
 2011          5,040           0           0           0         5,040          7,008        90,021         2,724
 2012          5,040           0           0           0         5,040          6,616        96,637         2,327
 2013          5,040           0           0           0         5,040          6,238       102,875         1,987
 2014          5,040           0           0           0         5,040          5,871       108,746         1,692
 2015          5,040           0           0           0         5,040          5,516       114,262         1,439
 2016          5,040           0           0           0         5,040          5,173       119,435         1,222

 SUBTOT       75,600           0           0           0        75,600        119,435                      68,077
 REMAIN      105,420           0           0           0       105,420         46,286       165,721         5,997
 TOTAL       181,020           0           0           0       181,020        165,721                      74,074
</TABLE>

   LIFE OF EVALUATION IS 35.92 YEARS.
   FINAL PRODUCTION RATE: 29 BBLS/MO
<PAGE>

                             TENGASCO, INC.                             TABLE 77
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE

<TABLE>
<CAPTION>
 PLAINVILLE FIELD, ROOKS COUNTY, KANSAS                                                OIL LEASE
   TENGASCO, INC. - OPERATOR   13-T10S-R18W                                            PROVED
     GARVERT -B- #1   (CNGL-LNSG-PLSN)                                                 PRODUCING

                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000  0.875000                         17.24                               5.00% -        38,006
 FINAL   -   1.000000  0.875000                         17.24                              10.00% -        28,170
 REMARKS -                                                                                 15.00% -        22,105
                                                                                           20.00% -        18,093
                                                                                           25.00% -        15,279
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>         <C>           <C>         <C>           <C>           <C>         <C>        <C>       <C>
 2002     1           610           0           0             533           0           0.000      17.24     0.00
 2003     1           593           0           0             519           0           0.000      17.24     0.00
 2004     1           577           0           0             505           0           0.000      17.24     0.00
 2005     1           561           0           0             492           0           0.000      17.24     0.00
 2006     1           546           0           0             477           0           0.000      17.24     0.00
 2007     1           532           0           0             465           0           0.000      17.24     0.00
 2008     1           517           0           0             453           0           0.000      17.24     0.00
 2009     1           503           0           0             440           0           0.000      17.24     0.00
 2010     1           489           0           0             428           0           0.000      17.24     0.00
 2011     1           476           0           0             417           0           0.000      17.24     0.00
 2012     1           463           0           0             405           0           0.000      17.24     0.00
 2013     1           451           0           0             394           0           0.000      17.24     0.00
 2014     1           438           0           0             384           0           0.000      17.24     0.00
 2015     1           427           0           0             373           0           0.000      17.24     0.00
 2016     1           415           0           0             363           0           0.000      17.24     0.00

 SUB-TOTAL          7,598           0           0           6,648           0           0.000      17.24     0.00
 REMAINDER          4,184           0           0           3,661           0           0.000      17.24     0.00
 TOTAL             11,782           0           0          10,309           0           0.000      17.24     0.00

 CUMULATIVE        46,235           0           0
 ULTIMATE          58,017           0           0
</TABLE>

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>              <C>             <C>           <C>          <C>       <C>           <C>           <C>       <C>
 2002            9,196           0             0            0         9,196         398           0         8,798
 2003            8,947           0             0            0         8,947         388           0         8,559
 2004            8,705           0             0            0         8,705         377           0         8,328
 2005            8,469           0             0            0         8,469         366           0         8,103
 2006            8,239           0             0            0         8,239         357           0         7,882
 2007            8,016           0             0            0         8,016         347           0         7,669
 2008            7,799           0             0            0         7,799         338           0         7,461
 2009            7,587           0             0            0         7,587         328           0         7,259
 2010            7,382           0             0            0         7,382         320           0         7,062
 2011            7,182           0             0            0         7,182         311           0         6,871
 2012            6,987           0             0            0         6,987         302           0         6,685
 2013            6,798           0             0            0         6,798         295           0         6,503
 2014            6,613           0             0            0         6,613         286           0         6,327
 2015            6,434           0             0            0         6,434         279           0         6,155
 2016            6,260           0             0            0         6,260         271           0         5,989

 SUB-TOT       114,614           0             0            0       114,614       4,963           0       109,651
 REMAIN         63,117           0             0            0        63,117       2,733           0        60,384
 TOTAL         177,731           0             0            0       177,731       7,696           0       170,035
</TABLE>

<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>         <C>         <C>       <C>            <C>           <C>           <C>
 2002          4,248           0           0           0         4,248          4,550         4,550         4,333
 2003          4,248           0           0           0         4,248          4,311         8,861         3,716
 2004          4,248           0           0           0         4,248          4,080        12,941         3,183
 2005          4,248           0           0           0         4,248          3,855        16,796         2,723
 2006          4,248           0           0           0         4,248          3,634        20,430         2,324
 2007          4,248           0           0           0         4,248          3,421        23,851         1,980
 2008          4,248           0           0           0         4,248          3,213        27,064         1,683
 2009          4,248           0           0           0         4,248          3,011        30,075         1,428
 2010          4,248           0           0           0         4,248          2,814        32,889         1,209
 2011          4,248           0           0           0         4,248          2,623        35,512         1,019
 2012          4,248           0           0           0         4,248          2,437        37,949           857
 2013          4,248           0           0           0         4,248          2,255        40,204           719
 2014          4,248           0           0           0         4,248          2,079        42,283           599
 2015          4,248           0           0           0         4,248          1,907        44,190           498
 2016          4,248           0           0           0         4,248          1,741        45,931           411

 SUBTOT       63,720           0           0           0        63,720         45,931                      26,682
 REMAIN       50,976           0           0           0        50,976          9,408        55,339         1,488
 TOTAL       114,696           0           0           0       114,696         55,339                      28,170
</TABLE>

   LIFE OF EVALUATION IS 27.00 YEARS.
   FINAL PRODUCTION RATE: 25 BBLS/MO
<PAGE>

                             TENGASCO, INC.                            TABLE 78
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE

<TABLE>
<CAPTION>
 PLAINVILLE FIELD, ROOKS COUNTY, KANSAS                                                OIL LEASE
   TENGASCO, INC. - OPERATOR   12-T10S-R18W                                            PROVED
     HARRISON -C-   (LANSING)                                                          PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000                                                                       5.00% -             0
 FINAL   -   1.000000                                                                      10.00% -             0
 REMARKS -                                                                                 15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE        26,203           0           0
 ULTIMATE          26,203           0           0
</TABLE>

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>

<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0
 2016              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0
</TABLE>

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0 BBLS/MO
<PAGE>

                               TENGASCO, INC. TABLE                          79
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE

<TABLE>
<CAPTION>
 PLAINVILLE FIELD, ROOKS COUNTY, KANSAS                                                OIL LEASE
   TENGASCO, INC. - OPERATOR   13-T10S-R18W                                            PROVED
     JACO   (LANSING)                                                                  PRODUCING

                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000  0.875000                         17.24                               5.00% -       161,351
 FINAL   -   1.000000  0.875000                         17.24                              10.00% -       129,117
 REMARKS -                                                                                 15.00% -       106,632
                                                                                           20.00% -        90,350
                                                                                           25.00% -        78,162
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>       <C>             <C>         <C>         <C>             <C>         <C>        <C>       <C>
 2002     4         2,956           0           0           2,587           0           0.000      17.24     0.00
 2003     4         2,809           0           0           2,457           0           0.000      17.24     0.00
 2004     4         2,668           0           0           2,335           0           0.000      17.24     0.00
 2005     4         2,535           0           0           2,218           0           0.000      17.24     0.00
 2006     4         2,408           0           0           2,107           0           0.000      17.24     0.00
 2007     4         2,288           0           0           2,002           0           0.000      17.24     0.00
 2008     4         2,173           0           0           1,901           0           0.000      17.24     0.00
 2009     4         2,064           0           0           1,807           0           0.000      17.24     0.00
 2010     4         1,962           0           0           1,716           0           0.000      17.24     0.00
 2011     4         1,863           0           0           1,630           0           0.000      17.24     0.00
 2012     4         1,770           0           0           1,549           0           0.000      17.24     0.00
 2013     4         1,682           0           0           1,471           0           0.000      17.24     0.00
 2014     4         1,597           0           0           1,398           0           0.000      17.24     0.00
 2015     4         1,518           0           0           1,328           0           0.000      17.24     0.00
 2016     4         1,442           0           0           1,262           0           0.000      17.24     0.00

 SUB-TOTAL         31,735           0           0          27,768           0           0.000      17.24     0.00
 REMAINDER          4,501           0           0           3,939           0           0.000      17.24     0.00
 TOTAL             36,236           0           0          31,707           0           0.000      17.24     0.00

 CUMULATIVE       116,751           0           0
 ULTIMATE         152,987           0           0
</TABLE>

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>             <C>              <C>           <C>          <C>      <C>          <C>             <C>      <C>
 2002           44,597           0             0            0        44,597       1,931           0        42,666
 2003           42,368           0             0            0        42,368       1,835           0        40,533
 2004           40,249           0             0            0        40,249       1,742           0        38,507
 2005           38,237           0             0            0        38,237       1,656           0        36,581
 2006           36,325           0             0            0        36,325       1,573           0        34,752
 2007           34,508           0             0            0        34,508       1,494           0        33,014
 2008           32,784           0             0            0        32,784       1,420           0        31,364
 2009           31,144           0             0            0        31,144       1,348           0        29,796
 2010           29,587           0             0            0        29,587       1,281           0        28,306
 2011           28,107           0             0            0        28,107       1,217           0        26,890
 2012           26,702           0             0            0        26,702       1,157           0        25,545
 2013           25,367           0             0            0        25,367       1,098           0        24,269
 2014           24,099           0             0            0        24,099       1,043           0        23,056
 2015           22,894           0             0            0        22,894         992           0        21,902
 2016           21,749           0             0            0        21,749         941           0        20,808

 SUB-TOT       478,717           0             0            0       478,717      20,728           0       457,989
 REMAIN         67,908           0             0            0        67,908       2,941           0        64,967
 TOTAL         546,625           0             0            0       546,625      23,669           0       522,956
</TABLE>

<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>           <C>              <C>         <C>         <C>      <C>            <C>           <C>           <C>
 2002         16,944           0           0           0        16,944         25,722        25,722        24,500
 2003         16,944           0           0           0        16,944         23,589        49,311        20,339
 2004         16,944           0           0           0        16,944         21,563        70,874        16,830
 2005         16,944           0           0           0        16,944         19,637        90,511        13,875
 2006         16,944           0           0           0        16,944         17,808       108,319        11,390
 2007         16,944           0           0           0        16,944         16,070       124,389         9,305
 2008         16,944           0           0           0        16,944         14,420       138,809         7,558
 2009         16,944           0           0           0        16,944         12,852       151,661         6,098
 2010         16,944           0           0           0        16,944         11,362       163,023         4,881
 2011         16,944           0           0           0        16,944          9,946       172,969         3,867
 2012         16,944           0           0           0        16,944          8,601       181,570         3,028
 2013         16,944           0           0           0        16,944          7,325       188,895         2,335
 2014         16,944           0           0           0        16,944          6,112       195,007         1,764
 2015         16,944           0           0           0        16,944          4,958       199,965         1,295
 2016         16,944           0           0           0        16,944          3,864       203,829           914

 SUBTOT      254,160           0           0           0       254,160        203,829                     127,979
 REMAIN       59,304           0           0           0        59,304          5,663       209,492         1,138
 TOTAL       313,464           0           0           0       313,464        209,492                     129,117
</TABLE>

   LIFE OF EVALUATION IS 18.50 YEARS.
   FINAL PRODUCTION RATE: 98 BBLS/MO
<PAGE>

                                 TENGASCO, INC.                        TABLE 80
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE

<TABLE>
<CAPTION>
 PLAINVILLE FIELD, ROOKS COUNTY, KANSAS                             OIL LEASE
   TENGASCO, INC. - OPERATOR   12-T10S-R18W                         PROVED
     ROSS   (LANSING)                                               PRODUCING

                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000  0.875000                         17.24                               5.00% -        47,344
 FINAL   -   1.000000  0.875000                         17.24                              10.00% -        41,202
 REMARKS -                                                                                 15.00% -        36,283
                                                                                           20.00% -        32,292
                                                                                           25.00% -        29,013
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>       <C>             <C>         <C>         <C>             <C>         <C>        <C>       <C>
 2002     2         1,592           0           0           1,393           0           0.000      17.24     0.00
 2003     2         1,482           0           0           1,297           0           0.000      17.24     0.00
 2004     2         1,380           0           0           1,207           0           0.000      17.24     0.00
 2005     2         1,284           0           0           1,124           0           0.000      17.24     0.00
 2006     2         1,196           0           0           1,046           0           0.000      17.24     0.00
 2007     2         1,113           0           0             974           0           0.000      17.24     0.00
 2008     2         1,037           0           0             907           0           0.000      17.24     0.00
 2009     2           965           0           0             845           0           0.000      17.24     0.00
 2010     2           898           0           0             786           0           0.000      17.24     0.00
 2011     2           837           0           0             732           0           0.000      17.24     0.00
 2012     2           133           0           0             117           0           0.000      17.24     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL         11,917           0           0          10,428           0           0.000      17.24     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL             11,917           0           0          10,428           0           0.000      17.24     0.00

 CUMULATIVE        70,949           0           0
 ULTIMATE          82,866           0           0
</TABLE>

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>             <C>              <C>           <C>          <C>      <C>          <C>             <C>      <C>
 2002           24,013           0             0            0        24,013       1,040           0        22,973
 2003           22,355           0             0            0        22,355         968           0        21,387
 2004           20,813           0             0            0        20,813         901           0        19,912
 2005           19,377           0             0            0        19,377         839           0        18,538
 2006           18,041           0             0            0        18,041         781           0        17,260
 2007           16,795           0             0            0        16,795         727           0        16,068
 2008           15,636           0             0            0        15,636         677           0        14,959
 2009           14,558           0             0            0        14,558         631           0        13,927
 2010           13,553           0             0            0        13,553         587           0        12,966
 2011           12,618           0             0            0        12,618         546           0        12,072
 2012            2,016           0             0            0         2,016          87           0         1,929
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT       179,775           0             0            0       179,775       7,784           0       171,991
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL         179,775           0             0            0       179,775       7,784           0       171,991
</TABLE>

<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>           <C>              <C>         <C>         <C>      <C>            <C>           <C>           <C>
 2002         11,496           0           0           0        11,496         11,477        11,477        10,937
 2003         11,496           0           0           0        11,496          9,891        21,368         8,533
 2004         11,496           0           0           0        11,496          8,416        29,784         6,573
 2005         11,496           0           0           0        11,496          7,042        36,826         4,979
 2006         11,496           0           0           0        11,496          5,764        42,590         3,690
 2007         11,496           0           0           0        11,496          4,572        47,162         2,651
 2008         11,496           0           0           0        11,496          3,463        50,625         1,818
 2009         11,496           0           0           0        11,496          2,431        53,056         1,156
 2010         11,496           0           0           0        11,496          1,470        54,526           634
 2011         11,496           0           0           0        11,496            576        55,102           227
 2012          1,916           0           0           0         1,916             13        55,115             4
 2013              0           0           0           0             0              0        55,115             0
 2014              0           0           0           0             0              0        55,115             0
 2015              0           0           0           0             0              0        55,115             0
 2016              0           0           0           0             0              0        55,115             0

 SUBTOT      116,876           0           0           0       116,876         55,115                      41,202
 REMAIN            0           0           0           0             0              0        55,115             0
 TOTAL       116,876           0           0           0       116,876         55,115                      41,202
</TABLE>

   LIFE OF EVALUATION IS 10.17 YEARS.
   FINAL PRODUCTION RATE: 67 BBLS/MO
<PAGE>

                              TENGASCO, INC.                           TABLE 81
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE

<TABLE>
<CAPTION>
 PLEASANT FIELD, RUSH COUNTY, KANSAS                                                   GAS LEASE
   TENGASCO, INC. - OPERATOR   10-T16S-R17W                                            PROVED
     BASGALL -C- #4   (DOVER)                                                          PRODUCING

                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000                                                                       5.00% -             0
 FINAL   -   1.000000                                                                      10.00% -             0
 REMARKS -                                                                                 15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE             0           0          13
 ULTIMATE               0           0          13
</TABLE>

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>

<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0
 2016              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0
</TABLE>

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0.0 MMCF/MO
<PAGE>

                                  TENGASCO, INC.                       TABLE 82
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE

<TABLE>
<CAPTION>
 PLEASANT FIELD, ELLIS COUNTY, KANSAS                                                  OIL LEASE
   TENGASCO, INC. - OPERATOR   22-T13S-R20W                                            PROVED
     HONAS #3   (ARBUCKLE)                                                             PRODUCING

                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000  0.820310                         17.24                               5.00% -         5,178
 FINAL   -   1.000000  0.820310                         17.24                              10.00% -         4,706
 REMARKS -                                                                                 15.00% -         4,300
                                                                                           20.00% -         3,949
                                                                                           25.00% -         3,645
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>         <C>           <C>         <C>           <C>           <C>         <C>        <C>       <C>
 2002     1           411           0           0             337           0           0.000      17.24     0.00
 2003     1           386           0           0             317           0           0.000      17.24     0.00
 2004     1           363           0           0             298           0           0.000      17.24     0.00
 2005     1           342           0           0             280           0           0.000      17.24     0.00
 2006     1           321           0           0             263           0           0.000      17.24     0.00
 2007     1           301           0           0             248           0           0.000      17.24     0.00
 2008     1           144           0           0             118           0           0.000      17.24     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL          2,268           0           0           1,861           0           0.000      17.24     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL              2,268           0           0           1,861           0           0.000      17.24     0.00

 CUMULATIVE        65,644           0           0
 ULTIMATE          67,912           0           0
</TABLE>

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>              <C>             <C>           <C>          <C>       <C>           <C>           <C>       <C>
 2002            5,812           0             0            0         5,812         252           0         5,560
 2003            5,464           0             0            0         5,464         236           0         5,228
 2004            5,136           0             0            0         5,136         223           0         4,913
 2005            4,827           0             0            0         4,827         209           0         4,618
 2006            4,538           0             0            0         4,538         196           0         4,342
 2007            4,266           0             0            0         4,266         185           0         4,081
 2008            2,036           0             0            0         2,036          88           0         1,948
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT        32,079           0             0            0        32,079       1,389           0        30,690
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL          32,079           0             0            0        32,079       1,389           0        30,690
</TABLE>

<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>         <C>         <C>       <C>            <C>           <C>           <C>
 2002          3,840           0           0           0         3,840          1,720         1,720         1,640
 2003          3,840           0           0           0         3,840          1,388         3,108         1,198
 2004          3,840           0           0           0         3,840          1,073         4,181           839
 2005          3,840           0           0           0         3,840            778         4,959           551
 2006          3,840           0           0           0         3,840            502         5,461           322
 2007          3,840           0           0           0         3,840            241         5,702           141
 2008          1,920           0           0           0         1,920             28         5,730            15
 2009              0           0           0           0             0              0         5,730             0
 2010              0           0           0           0             0              0         5,730             0
 2011              0           0           0           0             0              0         5,730             0
 2012              0           0           0           0             0              0         5,730             0
 2013              0           0           0           0             0              0         5,730             0
 2014              0           0           0           0             0              0         5,730             0
 2015              0           0           0           0             0              0         5,730             0
 2016              0           0           0           0             0              0         5,730             0

 SUBTOT       24,960           0           0           0        24,960          5,730                       4,706
 REMAIN            0           0           0           0             0              0         5,730             0
 TOTAL        24,960           0           0           0        24,960          5,730                       4,706
</TABLE>

   LIFE OF EVALUATION IS 6.50 YEARS.
   FINAL PRODUCTION RATE: 24 BBLS/MO

<PAGE>
                                  TENGASCO, INC.                        TABLE 83
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE

<TABLE>
<CAPTION>
 PLEASANT VIEW FIELD, RUSH COUNTY, KANSAS                                              OIL LEASE
   TENGASCO, INC. - OPERATOR   10-T16S-R17W                                            PROVED
     URBAN -K- #5   (KSSC-LNSG)                                                        PRODUCING

                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000  0.875000                         17.24                               5.00% -        19,798
 FINAL   -   1.000000  0.875000                         17.24                              10.00% -        16,110
 REMARKS -                                                                                 15.00% -        13,458
                                                                                           20.00% -        11,493
                                                                                           25.00% -         9,997
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>         <C>           <C>         <C>           <C>           <C>         <C>        <C>       <C>
 2002     1           472           0           0             413           0           0.000      17.24     0.00
 2003     1           452           0           0             396           0           0.000      17.24     0.00
 2004     1           434           0           0             379           0           0.000      17.24     0.00
 2005     1           415           0           0             363           0           0.000      17.24     0.00
 2006     1           398           0           0             348           0           0.000      17.24     0.00
 2007     1           381           0           0             334           0           0.000      17.24     0.00
 2008     1           365           0           0             319           0           0.000      17.24     0.00
 2009     1           349           0           0             306           0           0.000      17.24     0.00
 2010     1           335           0           0             293           0           0.000      17.24     0.00
 2011     1           321           0           0             281           0           0.000      17.24     0.00
 2012     1           308           0           0             269           0           0.000      17.24     0.00
 2013     1           294           0           0             258           0           0.000      17.24     0.00
 2014     1           282           0           0             246           0           0.000      17.24     0.00
 2015     1           270           0           0             237           0           0.000      17.24     0.00
 2016     1           259           0           0             226           0           0.000      17.24     0.00

 SUB-TOTAL          5,335           0           0           4,668           0           0.000      17.24     0.00
 REMAINDER            309           0           0             270           0           0.000      17.24     0.00
 TOTAL              5,644           0           0           4,938           0           0.000      17.24     0.00

 CUMULATIVE        23,932           0           0
 ULTIMATE          29,576           0           0
</TABLE>

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>              <C>             <C>           <C>          <C>       <C>           <C>           <C>       <C>
 2002            7,122           0             0            0         7,122         308           0         6,814
 2003            6,824           0             0            0         6,824         296           0         6,528
 2004            6,536           0             0            0         6,536         283           0         6,253
 2005            6,262           0             0            0         6,262         271           0         5,991
 2006            6,000           0             0            0         6,000         260           0         5,740
 2007            5,747           0             0            0         5,747         249           0         5,498
 2008            5,505           0             0            0         5,505         238           0         5,267
 2009            5,275           0             0            0         5,275         228           0         5,047
 2010            5,053           0             0            0         5,053         219           0         4,834
 2011            4,841           0             0            0         4,841         210           0         4,631
 2012            4,637           0             0            0         4,637         201           0         4,436
 2013            4,443           0             0            0         4,443         192           0         4,251
 2014            4,256           0             0            0         4,256         184           0         4,072
 2015            4,077           0             0            0         4,077         177           0         3,900
 2016            3,906           0             0            0         3,906         169           0         3,737

 SUB-TOT        80,484           0             0            0        80,484       3,485           0        76,999
 REMAIN          4,653           0             0            0         4,653         201           0         4,452
 TOTAL          85,137           0             0            0        85,137       3,686           0        81,451
</TABLE>

<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>         <C>         <C>       <C>            <C>           <C>           <C>
 2002          3,468           0           0           0         3,468          3,346         3,346         3,187
 2003          3,468           0           0           0         3,468          3,060         6,406         2,639
 2004          3,468           0           0           0         3,468          2,785         9,191         2,173
 2005          3,468           0           0           0         3,468          2,523        11,714         1,783
 2006          3,468           0           0           0         3,468          2,272        13,986         1,453
 2007          3,468           0           0           0         3,468          2,030        16,016         1,176
 2008          3,468           0           0           0         3,468          1,799        17,815           943
 2009          3,468           0           0           0         3,468          1,579        19,394           749
 2010          3,468           0           0           0         3,468          1,366        20,760           587
 2011          3,468           0           0           0         3,468          1,163        21,923           453
 2012          3,468           0           0           0         3,468            968        22,891           340
 2013          3,468           0           0           0         3,468            783        23,674           250
 2014          3,468           0           0           0         3,468            604        24,278           175
 2015          3,468           0           0           0         3,468            432        24,710           113
 2016          3,468           0           0           0         3,468            269        24,979            63

 SUBTOT       52,020           0           0           0        52,020         24,979                      16,084
 REMAIN        4,335           0           0           0         4,335            117        25,096            26
 TOTAL        56,355           0           0           0        56,355         25,096                      16,110
</TABLE>

   LIFE OF EVALUATION IS 16.25 YEARS.
   FINAL PRODUCTION RATE: 20 BBLS/MO
<PAGE>

                             TENGASCO, INC. TABLE 84
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE

<TABLE>
<CAPTION>
 PLEASANT VIEW FIELD, RUSH COUNTY, KANSAS                                              GAS LEASE
   TENGASCO, INC. - OPERATOR   10-T16S-R17W                                            PROVED
     URBAN -K- #5 BP   (DOVER)                                                         BEHIND PIPE

                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000                      0.875000                             2.13        5.00% -        54,854
 FINAL   -   1.000000                      0.875000                             2.13       10.00% -        43,177
 REMARKS - OPERATING COSTS ARE CARRIED BY PRODUCING RESERVES.                              15.00% -        34,139
                                                                                           20.00% -        27,111
                                                                                           25.00% -        21,620
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF (A)   $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>     <C>             <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0          21               0           0          17.074       0.00     2.13
 2006                   0           0          10               0           0           8.095       0.00     2.13
 2007                   0           0           9               0           0           6.818       0.00     2.13
 2008                   0           0           7               0           0           5.742       0.00     2.13
 2009                   0           0           3               0           0           2.521       0.00     2.13
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0          50               0           0          40.250       0.00     2.13
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0          50               0           0          40.250       0.00     2.13

 CUMULATIVE             0           0           0    (A) NET GAS VOLUMES ACCOUNT FOR SURFACE LOSSES,
 ULTIMATE               0           0          50        SHRINKAGE FACTOR =   8.00 %
</TABLE>

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0        36,367            0        36,367           0       1,575        34,792
 2006                0           0        17,243            0        17,243           0         746        16,497
 2007                0           0        14,521            0        14,521           0         629        13,892
 2008                0           0        12,231            0        12,231           0         530        11,701
 2009                0           0         5,370            0         5,370           0         232         5,138
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0        85,732            0        85,732           0       3,712        82,020
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0        85,732            0        85,732           0       3,712        82,020
</TABLE>

<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0      12,000           0        12,000         22,792        22,792        15,938
 2006              0           0           0           0             0         16,497        39,289        10,557
 2007              0           0           0           0             0         13,892        53,181         8,048
 2008              0           0           0           0             0         11,701        64,882         6,136
 2009              0           0           0           0             0          5,138        70,020         2,498
 2010              0           0           0           0             0              0        70,020             0
 2011              0           0           0           0             0              0        70,020             0
 2012              0           0           0           0             0              0        70,020             0
 2013              0           0           0           0             0              0        70,020             0
 2014              0           0           0           0             0              0        70,020             0
 2015              0           0           0           0             0              0        70,020             0
 2016              0           0           0           0             0              0        70,020             0

 SUBTOT            0           0      12,000           0        12,000         70,020                      43,177
 REMAIN            0           0           0           0             0              0        70,020             0
 TOTAL             0           0      12,000           0        12,000         70,020                      43,177
</TABLE>

   LIFE OF EVALUATION IS 7.50 YEARS.
   FINAL PRODUCTION RATE: 0.5 MMCF/MO
<PAGE>

                             TENGASCO, INC.                             TABLE 85
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE

<TABLE>
<CAPTION>
 PLEASANT VIEW NW FIELD, RUSH COUNTY, KANSAS                                           OIL LEASE
   TENGASCO, INC. - OPERATOR   10-T16S-R17W                                            PROVED
     URBAN #1   (KSSC-LNSG)                                                            PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000  0.875000                         17.24                               5.00% -            37
 FINAL   -   1.000000  0.875000                         17.24                              10.00% -            37
 REMARKS -                                                                                 15.00% -            37
                                                                                           20.00% -            37
                                                                                           25.00% -            36
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>         <C>           <C>         <C>           <C>           <C>         <C>        <C>       <C>
 2002     3           381           0           0             333           0           0.000      17.24     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL            381           0           0             333           0           0.000      17.24     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                381           0           0             333           0           0.000      17.24     0.00

 CUMULATIVE        76,702           0           0
 ULTIMATE          77,083           0           0
</TABLE>

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>              <C>             <C>           <C>          <C>       <C>           <C>           <C>       <C>
 2002            5,746           0             0            0         5,746         249           0         5,497
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT         5,746           0             0            0         5,746         249           0         5,497
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL           5,746           0             0            0         5,746         249           0         5,497
</TABLE>

<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>         <C>         <C>       <C>               <C>           <C>           <C>
 2002          5,460           0           0           0         5,460             37            37            37
 2003              0           0           0           0             0              0            37             0
 2004              0           0           0           0             0              0            37             0
 2005              0           0           0           0             0              0            37             0
 2006              0           0           0           0             0              0            37             0
 2007              0           0           0           0             0              0            37             0
 2008              0           0           0           0             0              0            37             0
 2009              0           0           0           0             0              0            37             0
 2010              0           0           0           0             0              0            37             0
 2011              0           0           0           0             0              0            37             0
 2012              0           0           0           0             0              0            37             0
 2013              0           0           0           0             0              0            37             0
 2014              0           0           0           0             0              0            37             0
 2015              0           0           0           0             0              0            37             0
 2016              0           0           0           0             0              0            37             0

 SUBTOT        5,460           0           0           0         5,460             37                          37
 REMAIN            0           0           0           0             0              0            37             0
 TOTAL         5,460           0           0           0         5,460             37                          37
</TABLE>

   LIFE OF EVALUATION IS 0.17 YEARS.
   FINAL PRODUCTION RATE: 190 BBLS/MO

<PAGE>

                                TENGASCO, INC.                         TABLE 86
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE

<TABLE>
<CAPTION>
 PLEASANT VIEW NW FIELD, RUSH COUNTY, KANSAS                                           OIL LEASE
   TENGASCO, INC. - OPERATOR   10-T16S-R17W                                            PROVED
     URBAN #6 PUD   (KSSC-LNSG)                                                        UNDEVELOPED

                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000                                                                       5.00% -             0
 FINAL   -   1.000000                                                                      10.00% -             0
 REMARKS - UNECONOMIC AT CURRENT PRICES.                                                   15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>      <C>            <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE             0           0           0
 ULTIMATE               0           0           0
</TABLE>

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0
 2016              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0
</TABLE>

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0 BBLS/MO
<PAGE>

                                  TENGASCO, INC.                       TABLE 87
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE

<TABLE>
<CAPTION>
 PLEASANT VIEW NW FIELD, RUSH COUNTY, KANSAS                                           OIL LEASE
   TENGASCO, INC. - OPERATOR   10-T16S-R17W                                            PROVED
     URBAN #7 PUD   (KSSC-LNSG)                                                        UNDEVELOPED


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000                                                                       5.00% -             0
 FINAL   -   1.000000                                                                      10.00% -             0
 REMARKS - UNECONOMIC AT CURRENT PRICES.                                                   15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE             0           0           0
 ULTIMATE               0           0           0
</TABLE>

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>

<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0
 2016              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0
</TABLE>

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0 BBLS/MO
<PAGE>

                               TENGASCO, INC.                          TABLE 88
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE

<TABLE>
<CAPTION>
 REICHEL FIELD, RUSH COUNTY, KANSAS                                                GAS LEASE
   TENGASCO, INC. - OPERATOR   33-T16S-R16W                                        PROVED
     ALLEN #1 A&D   (SHAWNEE)                                                      PRODUCING

                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000                      0.875000                             2.13        5.00% -        58,552
 FINAL   -   1.000000                      0.875000                             2.13       10.00% -        49,723
 REMARKS -                                                                                 15.00% -        42,908
                                                                                           20.00% -        37,556
                                                                                           25.00% -        33,283
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF (A)   $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>        <C>              <C>         <C>        <C>          <C>      <C>
 2002     1             0           0          20               0           0          15.871       0.00     2.13
 2003     1             0           0          19               0           0          15.236       0.00     2.13
 2004     1             0           0          18               0           0          14.627       0.00     2.13
 2005     1             0           0          17               0           0          14.041       0.00     2.13
 2006     1             0           0          17               0           0          13.480       0.00     2.13
 2007     1             0           0          16               0           0          12.941       0.00     2.13
 2008     1             0           0          16               0           0          12.423       0.00     2.13
 2009     1             0           0          14               0           0          11.926       0.00     2.13
 2010     1             0           0          15               0           0          11.449       0.00     2.13
 2011     1             0           0          13               0           0          10.991       0.00     2.13
 2012     1             0           0          13               0           0          10.551       0.00     2.13
 2013     1             0           0          13               0           0          10.129       0.00     2.13
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0         191               0           0         153.665       0.00     2.13
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0         191               0           0         153.665       0.00     2.13

 CUMULATIVE             0           0         162    (A) NET GAS VOLUMES ACCOUNT FOR SURFACE LOSSES,
 ULTIMATE               0           0         353        SHRINKAGE FACTOR =   8.00 %
</TABLE>

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>      <C>               <C>      <C>              <C>     <C>          <C>
 2002                0           0        33,805            0        33,805           0       1,464        32,341
 2003                0           0        32,452            0        32,452           0       1,405        31,047
 2004                0           0        31,155            0        31,155           0       1,349        29,806
 2005                0           0        29,908            0        29,908           0       1,295        28,613
 2006                0           0        28,712            0        28,712           0       1,243        27,469
 2007                0           0        27,564            0        27,564           0       1,194        26,370
 2008                0           0        26,460            0        26,460           0       1,145        25,315
 2009                0           0        25,403            0        25,403           0       1,100        24,303
 2010                0           0        24,386            0        24,386           0       1,056        23,330
 2011                0           0        23,411            0        23,411           0       1,014        22,397
 2012                0           0        22,475            0        22,475           0         973        21,502
 2013                0           0        21,575            0        21,575           0         934        20,641
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0       327,306            0       327,306           0      14,172       313,134
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0       327,306            0       327,306           0      14,172       313,134
</TABLE>

<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>           <C>              <C>         <C>         <C>      <C>            <C>           <C>           <C>
 2002         20,244           0           0           0        20,244         12,097        12,097        11,524
 2003         20,244           0           0           0        20,244         10,803        22,900         9,317
 2004         20,244           0           0           0        20,244          9,562        32,462         7,466
 2005         20,244           0           0           0        20,244          8,369        40,831         5,915
 2006         20,244           0           0           0        20,244          7,225        48,056         4,623
 2007         20,244           0           0           0        20,244          6,126        54,182         3,549
 2008         20,244           0           0           0        20,244          5,071        59,253         2,660
 2009         20,244           0           0           0        20,244          4,059        63,312         1,928
 2010         20,244           0           0           0        20,244          3,086        66,398         1,328
 2011         20,244           0           0           0        20,244          2,153        68,551           839
 2012         20,244           0           0           0        20,244          1,258        69,809           445
 2013         20,244           0           0           0        20,244            397        70,206           129
 2014              0           0           0           0             0              0        70,206             0
 2015              0           0           0           0             0              0        70,206             0
 2016              0           0           0           0             0              0        70,206             0

 SUBTOT      242,928           0           0           0       242,928         70,206                      49,723
 REMAIN            0           0           0           0             0              0        70,206             0
 TOTAL       242,928           0           0           0       242,928         70,206                      49,723
</TABLE>

   LIFE OF EVALUATION IS 12.00 YEARS.
   FINAL PRODUCTION RATE: 1.0 MMCF/MO

<PAGE>
                             TENGASCO, INC. TABLE                             89
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE

<TABLE>
<CAPTION>
 REICHEL FIELD, RUSH COUNTY, KANSAS                                                    OIL LEASE
   TENGASCO, INC. - OPERATOR   28-T16S-R16W                                            PROVED
     ANDRE #1   (KSSC-LNSG)                                                            SHUT-IN

                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000  0.875000                         17.24                               5.00% -         4,386
 FINAL   -   1.000000  0.875000                         17.24                              10.00% -         4,131
 REMARKS -                                                                                 15.00% -         3,897
                                                                                           20.00% -         3,684
                                                                                           25.00% -         3,488
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>         <C>           <C>         <C>           <C>           <C>         <C>        <C>       <C>
 2002     1           802           0           0             702           0           0.000      17.24     0.00
 2003     1           825           0           0             721           0           0.000      17.24     0.00
 2004     1           775           0           0             679           0           0.000      17.24     0.00
 2005     1           490           0           0             429           0           0.000      17.24     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL          2,892           0           0           2,531           0           0.000      17.24     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL              2,892           0           0           2,531           0           0.000      17.24     0.00

 CUMULATIVE             0           0           0
 ULTIMATE           2,892           0           0
</TABLE>

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>             <C>              <C>           <C>          <C>      <C>             <C>          <C>      <C>
 2002           12,099           0             0            0        12,099          74           0        12,025
 2003           12,439           0             0            0        12,439          76           0        12,363
 2004           11,693           0             0            0        11,693          71           0        11,622
 2005            7,402           0             0            0         7,402          45           0         7,357
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT        43,633           0             0            0        43,633         266           0        43,367
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL          43,633           0             0            0        43,633         266           0        43,367
</TABLE>

<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>         <C>         <C>       <C>            <C>           <C>           <C>
 2002          9,900           0           0           0         9,900          2,125         2,125         2,019
 2003         10,800           0           0           0        10,800          1,563         3,688         1,352
 2004         10,800           0           0           0        10,800            822         4,510           646
 2005          7,200           0           0           0         7,200            157         4,667           114
 2006              0           0           0           0             0              0         4,667             0
 2007              0           0           0           0             0              0         4,667             0
 2008              0           0           0           0             0              0         4,667             0
 2009              0           0           0           0             0              0         4,667             0
 2010              0           0           0           0             0              0         4,667             0
 2011              0           0           0           0             0              0         4,667             0
 2012              0           0           0           0             0              0         4,667             0
 2013              0           0           0           0             0              0         4,667             0
 2014              0           0           0           0             0              0         4,667             0
 2015              0           0           0           0             0              0         4,667             0
 2016              0           0           0           0             0              0         4,667             0

 SUBTOT       38,700           0           0           0        38,700          4,667                       4,131
 REMAIN            0           0           0           0             0              0         4,667             0
 TOTAL        38,700           0           0           0        38,700          4,667                       4,131
</TABLE>

   LIFE OF EVALUATION IS 3.67 YEARS.
   FINAL PRODUCTION RATE: 60 BBLS/MO
<PAGE>

                                 TENGASCO, INC.                        TABLE 90
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE

<TABLE>
<CAPTION>
 REICHEL FIELD, RUSH COUNTY, KANSAS                                                    GAS LEASE
   TENGASCO, INC. - OPERATOR   10-T17S-R17W                                            PROVED
     APPL #1   (TOPEKA)                                                                PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000                      0.875000                             2.13        5.00% -         1,365
 FINAL   -   1.000000                      0.875000                             2.13       10.00% -         1,265
 REMARKS -                                                                                 15.00% -         1,176
                                                                                           20.00% -         1,097
                                                                                           25.00% -         1,026
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF (A)   $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002     1             0           0           3               0           0           2.099       0.00     2.13
 2003     1             0           0           2               0           0           2.036       0.00     2.13
 2004     1             0           0           3               0           0           1.975       0.00     2.13
 2005     1             0           0           2               0           0           1.916       0.00     2.13
 2006     1             0           0           2               0           0           1.858       0.00     2.13
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0          12               0           0           9.884       0.00     2.13
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0          12               0           0           9.884       0.00     2.13

 CUMULATIVE             0           0         820    (A) NET GAS VOLUMES ACCOUNT FOR SURFACE LOSSES,
 ULTIMATE               0           0         832        SHRINKAGE FACTOR =   8.00 %
</TABLE>

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>       <C>              <C>       <C>             <C>       <C>         <C>
 2002                0           0         4,471            0         4,471           0         194         4,277
 2003                0           0         4,336            0         4,336           0         187         4,149
 2004                0           0         4,206            0         4,206           0         182         4,024
 2005                0           0         4,081            0         4,081           0         177         3,904
 2006                0           0         3,957            0         3,957           0         172         3,785
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0        21,051            0        21,051           0         912        20,139
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0        21,051            0        21,051           0         912        20,139
</TABLE>

<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>         <C>         <C>       <C>              <C>           <C>           <C>
 2002          3,732           0           0           0         3,732            545           545           520
 2003          3,732           0           0           0         3,732            417           962           360
 2004          3,732           0           0           0         3,732            292         1,254           228
 2005          3,732           0           0           0         3,732            172         1,426           123
 2006          3,731           0           0           0         3,731             54         1,480            34
 2007              0           0           0           0             0              0         1,480             0
 2008              0           0           0           0             0              0         1,480             0
 2009              0           0           0           0             0              0         1,480             0
 2010              0           0           0           0             0              0         1,480             0
 2011              0           0           0           0             0              0         1,480             0
 2012              0           0           0           0             0              0         1,480             0
 2013              0           0           0           0             0              0         1,480             0
 2014              0           0           0           0             0              0         1,480             0
 2015              0           0           0           0             0              0         1,480             0
 2016              0           0           0           0             0              0         1,480             0

 SUBTOT       18,659           0           0           0        18,659          1,480                       1,265
 REMAIN            0           0           0           0             0              0         1,480             0
 TOTAL        18,659           0           0           0        18,659          1,480                       1,265
</TABLE>

   LIFE OF EVALUATION IS 5.00 YEARS.
   FINAL PRODUCTION RATE: 0.2 MMCF/MO
<PAGE>

                                  TENGASCO, INC.                       TABLE 91
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE

<TABLE>
<CAPTION>
 REICHEL FIELD, RUSH COUNTY, KANSAS                                                    GAS LEASE
   TENGASCO, INC. - OPERATOR   10-T17S-R17W                                            PROVED
     APPL #2   (TOPEKA)                                                                PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000                      0.820313                             2.13        5.00% -         8,378
 FINAL   -   1.000000                      0.820313                             2.13       10.00% -         7,896
 REMARKS -                                                                                 15.00% -         7,458
                                                                                           20.00% -         7,059
                                                                                           25.00% -         6,695
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF (A)   $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002     1             0           0           5               0           0           4.083       0.00     2.13
 2003     1             0           0           5               0           0           3.348       0.00     2.13
 2004     1             0           0           3               0           0           2.746       0.00     2.13
 2005     1             0           0           3               0           0           2.251       0.00     2.13
 2006     1             0           0           1               0           0           0.168       0.00     2.13
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0          17               0           0          12.596       0.00     2.13
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0          17               0           0          12.596       0.00     2.13

 CUMULATIVE             0           0         449    (A) NET GAS VOLUMES ACCOUNT FOR SURFACE LOSSES,
 ULTIMATE               0           0         466        SHRINKAGE FACTOR =   8.00 %
</TABLE>

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>       <C>              <C>       <C>             <C>       <C>         <C>
 2002                0           0         8,697            0         8,697           0         377         8,320
 2003                0           0         7,132            0         7,132           0         308         6,824
 2004                0           0         5,848            0         5,848           0         254         5,594
 2005                0           0         4,796            0         4,796           0         207         4,589
 2006                0           0           358            0           358           0          16           342
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0        26,831            0        26,831           0       1,162        25,669
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0        26,831            0        26,831           0       1,162        25,669
</TABLE>

<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>         <C>         <C>       <C>            <C>           <C>           <C>
 2002          4,104           0           0           0         4,104          4,216         4,216         4,026
 2003          4,104           0           0           0         4,104          2,720         6,936         2,353
 2004          4,104           0           0           0         4,104          1,490         8,426         1,169
 2005          4,104           0           0           0         4,104            485         8,911           348
 2006            342           0           0           0           342              0         8,911             0
 2007              0           0           0           0             0              0         8,911             0
 2008              0           0           0           0             0              0         8,911             0
 2009              0           0           0           0             0              0         8,911             0
 2010              0           0           0           0             0              0         8,911             0
 2011              0           0           0           0             0              0         8,911             0
 2012              0           0           0           0             0              0         8,911             0
 2013              0           0           0           0             0              0         8,911             0
 2014              0           0           0           0             0              0         8,911             0
 2015              0           0           0           0             0              0         8,911             0
 2016              0           0           0           0             0              0         8,911             0

 SUBTOT       16,758           0           0           0        16,758          8,911                       7,896
 REMAIN            0           0           0           0             0              0         8,911             0
 TOTAL        16,758           0           0           0        16,758          8,911                       7,896

   LIFE OF EVALUATION IS 4.08 YEARS.
   FINAL PRODUCTION RATE: 0.2 MMCF/MO
</TABLE>
<PAGE>

                                  TENGASCO, INC.                       TABLE 92
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE

<TABLE>
<CAPTION>
 REICHEL FIELD, RUSH COUNTY, KANSAS                                                    GAS LEASE
   TENGASCO, INC. - OPERATOR   36-T17S-R17W                                            PROVED
     BEAHM #1   (LANSING)                                                              PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000                                                                       5.00% -             0
 FINAL   -   1.000000                                                                      10.00% -             0
 REMARKS -                                                                                 15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF (A)   $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE             0           0         434    (A) NET GAS VOLUMES ACCOUNT FOR SURFACE LOSSES,
 ULTIMATE               0           0         434        SHRINKAGE FACTOR =   8.00 %
</TABLE>

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>

<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0
 2016              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0
</TABLE>

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0.0 MMCF/MO
<PAGE>

                                  TENGASCO, INC.                       TABLE 93
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE

<TABLE>
<CAPTION>
 REICHEL FIELD, RUSH COUNTY, KANSAS                                                    GAS LEASE
   TENGASCO, INC. - OPERATOR   15-T17S-R17W                                            PROVED
     BIEBER #1   (TOPEKA)                                                              PRODUCING

                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000                      0.820313                             2.13        5.00% -        30,596
 FINAL   -   1.000000                      0.820313                             2.13       10.00% -        21,790
 REMARKS -                                                                                 15.00% -        16,702
                                                                                           20.00% -        13,475
                                                                                           25.00% -        11,274
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF (A)   $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002     1             0           0           4               0           0           3.358       0.00     2.13
 2003     1             0           0           5               0           0           3.290       0.00     2.13
 2004     1             0           0           4               0           0           3.225       0.00     2.13
 2005     1             0           0           4               0           0           3.160       0.00     2.13
 2006     1             0           0           4               0           0           3.097       0.00     2.13
 2007     1             0           0           4               0           0           3.035       0.00     2.13
 2008     1             0           0           4               0           0           2.974       0.00     2.13
 2009     1             0           0           4               0           0           2.915       0.00     2.13
 2010     1             0           0           4               0           0           2.856       0.00     2.13
 2011     1             0           0           4               0           0           2.799       0.00     2.13
 2012     1             0           0           3               0           0           2.743       0.00     2.13
 2013     1             0           0           4               0           0           2.688       0.00     2.13
 2014     1             0           0           3               0           0           2.635       0.00     2.13
 2015     1             0           0           4               0           0           2.582       0.00     2.13
 2016     1             0           0           3               0           0           2.530       0.00     2.13

 SUB-TOTAL              0           0          58               0           0          43.887       0.00     2.13
 REMAINDER              0           0          48               0           0          36.484       0.00     2.13
 TOTAL                  0           0         106               0           0          80.371       0.00     2.13

 CUMULATIVE             0           0          78    (A) NET GAS VOLUMES ACCOUNT FOR SURFACE LOSSES,
 ULTIMATE               0           0         184        SHRINKAGE FACTOR =   8.00 %
</TABLE>

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>       <C>              <C>       <C>             <C>       <C>         <C>
 2002                0           0         7,152            0         7,152           0         310         6,842
 2003                0           0         7,008            0         7,008           0         303         6,705
 2004                0           0         6,868            0         6,868           0         298         6,570
 2005                0           0         6,731            0         6,731           0         291         6,440
 2006                0           0         6,597            0         6,597           0         286         6,311
 2007                0           0         6,464            0         6,464           0         280         6,184
 2008                0           0         6,335            0         6,335           0         274         6,061
 2009                0           0         6,209            0         6,209           0         269         5,940
 2010                0           0         6,084            0         6,084           0         263         5,821
 2011                0           0         5,963            0         5,963           0         258         5,705
 2012                0           0         5,843            0         5,843           0         253         5,590
 2013                0           0         5,727            0         5,727           0         248         5,479
 2014                0           0         5,611            0         5,611           0         243         5,368
 2015                0           0         5,500            0         5,500           0         238         5,262
 2016                0           0         5,390            0         5,390           0         234         5,156

 SUB-TOT             0           0        93,482            0        93,482           0       4,048        89,434
 REMAIN              0           0        77,711            0        77,711           0       3,365        74,346
 TOTAL               0           0       171,193            0       171,193           0       7,413       163,780
</TABLE>

<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>         <C>         <C>       <C>            <C>           <C>           <C>
 2002          3,600           0           0           0         3,600          3,242         3,242         3,087
 2003          3,600           0           0           0         3,600          3,105         6,347         2,676
 2004          3,600           0           0           0         3,600          2,970         9,317         2,317
 2005          3,600           0           0           0         3,600          2,840        12,157         2,006
 2006          3,600           0           0           0         3,600          2,711        14,868         1,733
 2007          3,600           0           0           0         3,600          2,584        17,452         1,496
 2008          3,600           0           0           0         3,600          2,461        19,913         1,289
 2009          3,600           0           0           0         3,600          2,340        22,253         1,110
 2010          3,600           0           0           0         3,600          2,221        24,474           953
 2011          3,600           0           0           0         3,600          2,105        26,579           818
 2012          3,600           0           0           0         3,600          1,990        28,569           700
 2013          3,600           0           0           0         3,600          1,879        30,448           599
 2014          3,600           0           0           0         3,600          1,768        32,216           509
 2015          3,600           0           0           0         3,600          1,662        33,878           434
 2016          3,600           0           0           0         3,600          1,556        35,434           368

 SUBTOT       54,000           0           0           0        54,000         35,434                      20,095
 REMAIN       62,100           0           0           0        62,100         12,246        47,680         1,695
 TOTAL       116,100           0           0           0       116,100         47,680                      21,790
</TABLE>

   LIFE OF EVALUATION IS 32.25 YEARS.
   FINAL PRODUCTION RATE: 0.2 MMCF/MO
<PAGE>

                                  TENGASCO, INC.                       TABLE 94
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE

<TABLE>
<CAPTION>
 REICHEL FIELD, RUSH COUNTY, KANSAS                                                    GAS LEASE
   TENGASCO, INC. - OPERATOR   15-T17S-R17W                                            PROVED
     BIEBER -A- #1   (TOPEKA)                                                          PRODUCING

                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000                      0.820313                             2.13        5.00% -        64,339
 FINAL   -   1.000000                      0.820313                             2.13       10.00% -        43,499
 REMARKS -                                                                                 15.00% -        32,544
                                                                                           20.00% -        25,940
                                                                                           25.00% -        21,558
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF (A)   $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002     1             0           0           5               0           0           3.879       0.00     2.13
 2003     1             0           0           5               0           0           3.763       0.00     2.13
 2004     1             0           0           5               0           0           3.650       0.00     2.13
 2005     1             0           0           5               0           0           3.540       0.00     2.13
 2006     1             0           0           4               0           0           3.434       0.00     2.13
 2007     1             0           0           5               0           0           3.331       0.00     2.13
 2008     1             0           0           4               0           0           3.231       0.00     2.13
 2009     1             0           0           4               0           0           3.134       0.00     2.13
 2010     1             0           0           4               0           0           3.040       0.00     2.13
 2011     1             0           0           4               0           0           2.949       0.00     2.13
 2012     1             0           0           4               0           0           2.861       0.00     2.13
 2013     1             0           0           3               0           0           2.775       0.00     2.13
 2014     1             0           0           4               0           0           2.692       0.00     2.13
 2015     1             0           0           3               0           0           2.611       0.00     2.13
 2016     1             0           0           4               0           0           2.532       0.00     2.13

 SUB-TOTAL              0           0          63               0           0          47.422       0.00     2.13
 REMAINDER              0           0          55               0           0          41.655       0.00     2.13
 TOTAL                  0           0         118               0           0          89.077       0.00     2.13

 CUMULATIVE             0           0          77    (A) NET GAS VOLUMES ACCOUNT FOR SURFACE LOSSES,
 ULTIMATE               0           0         195        SHRINKAGE FACTOR =   8.00 %
</TABLE>

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>       <C>              <C>       <C>             <C>       <C>         <C>
 2002                0           0         8,263            0         8,263           0         358         7,905
 2003                0           0         8,014            0         8,014           0         347         7,667
 2004                0           0         7,775            0         7,775           0         336         7,439
 2005                0           0         7,541            0         7,541           0         327         7,214
 2006                0           0         7,315            0         7,315           0         317         6,998
 2007                0           0         7,095            0         7,095           0         307         6,788
 2008                0           0         6,883            0         6,883           0         298         6,585
 2009                0           0         6,676            0         6,676           0         289         6,387
 2010                0           0         6,476            0         6,476           0         280         6,196
 2011                0           0         6,281            0         6,281           0         272         6,009
 2012                0           0         6,093            0         6,093           0         264         5,829
 2013                0           0         5,911            0         5,911           0         256         5,655
 2014                0           0         5,733            0         5,733           0         248         5,485
 2015                0           0         5,561            0         5,561           0         241         5,320
 2016                0           0         5,394            0         5,394           0         234         5,160

 SUB-TOT             0           0       101,011            0       101,011           0       4,374        96,637
 REMAIN              0           0        88,724            0        88,724           0       3,842        84,882
 TOTAL               0           0       189,735            0       189,735           0       8,216       181,519
</TABLE>

<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>         <C>         <C>       <C>            <C>           <C>           <C>
 2002          1,812           0           0           0         1,812          6,093         6,093         5,801
 2003          1,812           0           0           0         1,812          5,855        11,948         5,047
 2004          1,812           0           0           0         1,812          5,627        17,575         4,390
 2005          1,812           0           0           0         1,812          5,402        22,977         3,815
 2006          1,812           0           0           0         1,812          5,186        28,163         3,315
 2007          1,812           0           0           0         1,812          4,976        33,139         2,880
 2008          1,812           0           0           0         1,812          4,773        37,912         2,500
 2009          1,812           0           0           0         1,812          4,575        42,487         2,170
 2010          1,812           0           0           0         1,812          4,384        46,871         1,881
 2011          1,812           0           0           0         1,812          4,197        51,068         1,631
 2012          1,812           0           0           0         1,812          4,017        55,085         1,413
 2013          1,812           0           0           0         1,812          3,843        58,928         1,224
 2014          1,812           0           0           0         1,812          3,673        62,601         1,058
 2015          1,812           0           0           0         1,812          3,508        66,109           916
 2016          1,812           0           0           0         1,812          3,348        69,457           790

 SUBTOT       27,180           0           0           0        27,180         69,457                      38,831
 REMAIN       42,280           0           0           0        42,280         42,602       112,059         4,668
 TOTAL        69,460           0           0           0        69,460        112,059                      43,499
</TABLE>

   LIFE OF EVALUATION IS 38.33 YEARS.
   FINAL PRODUCTION RATE: 0.1 MMCF/MO
<PAGE>

                                  TENGASCO, INC.                       TABLE 95
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE

<TABLE>
<CAPTION>
 REICHEL FIELD, RUSH COUNTY, KANSAS                                                    GAS LEASE
   TENGASCO, INC. - OPERATOR   34-T17S-R16W                                            PROVED
     BRACK -A- #3   (GRANITE WASH)                                                     PRODUCING

                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000                                                                       5.00% -             0
 FINAL   -   1.000000                                                                      10.00% -             0
 REMARKS -                                                                                 15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF (A)   $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE             0           0          29    (A) NET GAS VOLUMES ACCOUNT FOR SURFACE LOSSES,
 ULTIMATE               0           0          29        SHRINKAGE FACTOR =   8.00 %
</TABLE>

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>

<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0
 2016              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0
</TABLE>

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0.0 MMCF/MO
<PAGE>

                                  TENGASCO, INC.                       TABLE 96
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE

<TABLE>
<CAPTION>
 REICHEL FIELD, RUSH COUNTY, KANSAS                                                    GAS LEASE
   TENGASCO, INC. - OPERATOR   7-T16S-R17W                                             PROVED
     BREIT #1   (TOPEKA)                                                               PRODUCING

                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000                                                                       5.00% -             0
 FINAL   -   1.000000                                                                      10.00% -             0
 REMARKS -                                                                                 15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF (A)   $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE             0           0          31    (A) NET GAS VOLUMES ACCOUNT FOR SURFACE LOSSES,
 ULTIMATE               0           0          31        SHRINKAGE FACTOR =   8.00 %
</TABLE>

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>

<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0
 2016              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0
</TABLE>

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0.0 MMCF/MO
<PAGE>
                                  TENGASCO, INC.                       TABLE 97
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 REICHEL FIELD, RUSH COUNTY, KANSAS                                                    OIL LEASE
   TENGASCO, INC. - OPERATOR   7-T16S-R17W                                             PROVED
     BREIT-HOLZMEISTER -B-   (TOPEKA)                                                  PRODUCING

                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000  0.861328                         17.24                               5.00% -         8,221
 FINAL   -   1.000000  0.861328                         17.24                              10.00% -         6,923
 REMARKS -                                                                                 15.00% -         5,931
                                                                                           20.00% -         5,159
                                                                                           25.00% -         4,548
</TABLE>
<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>         <C>           <C>         <C>           <C>           <C>         <C>        <C>       <C>
 2002     1           274           0           0             236           0           0.000      17.24     0.00
 2003     1           263           0           0             227           0           0.000      17.24     0.00
 2004     1           253           0           0             217           0           0.000      17.24     0.00
 2005     1           242           0           0             209           0           0.000      17.24     0.00
 2006     1           233           0           0             201           0           0.000      17.24     0.00
 2007     1           223           0           0             192           0           0.000      17.24     0.00
 2008     1           215           0           0             185           0           0.000      17.24     0.00
 2009     1           206           0           0             177           0           0.000      17.24     0.00
 2010     1           198           0           0             171           0           0.000      17.24     0.00
 2011     1           189           0           0             163           0           0.000      17.24     0.00
 2012     1           147           0           0             126           0           0.000      17.24     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL          2,443           0           0           2,104           0           0.000      17.24     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL              2,443           0           0           2,104           0           0.000      17.24     0.00

 CUMULATIVE        13,832           0           0
 ULTIMATE          16,275           0           0
</TABLE>
<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>              <C>             <C>           <C>          <C>       <C>           <C>           <C>       <C>
 2002            4,070           0             0            0         4,070         176           0         3,894
 2003            3,907           0             0            0         3,907         169           0         3,738
 2004            3,750           0             0            0         3,750         163           0         3,587
 2005            3,601           0             0            0         3,601         156           0         3,445
 2006            3,456           0             0            0         3,456         149           0         3,307
 2007            3,319           0             0            0         3,319         144           0         3,175
 2008            3,185           0             0            0         3,185         138           0         3,047
 2009            3,058           0             0            0         3,058         132           0         2,926
 2010            2,936           0             0            0         2,936         128           0         2,808
 2011            2,818           0             0            0         2,818         122           0         2,696
 2012            2,177           0             0            0         2,177          94           0         2,083
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT        36,277           0             0            0        36,277       1,571           0        34,706
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL          36,277           0             0            0        36,277       1,571           0        34,706
</TABLE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>         <C>         <C>       <C>            <C>           <C>           <C>
 2002          2,292           0           0           0         2,292          1,602         1,602         1,526
 2003          2,292           0           0           0         2,292          1,446         3,048         1,247
 2004          2,292           0           0           0         2,292          1,295         4,343         1,011
 2005          2,292           0           0           0         2,292          1,153         5,496           815
 2006          2,292           0           0           0         2,292          1,015         6,511           649
 2007          2,292           0           0           0         2,292            883         7,394           511
 2008          2,292           0           0           0         2,292            755         8,149           396
 2009          2,292           0           0           0         2,292            634         8,783           301
 2010          2,292           0           0           0         2,292            516         9,299           222
 2011          2,292           0           0           0         2,292            404         9,703           158
 2012          1,836           0           0           0         1,836            247         9,950            87
 2013              0           0           0           0             0              0         9,950             0
 2014              0           0           0           0             0              0         9,950             0
 2015              0           0           0           0             0              0         9,950             0
 2016              0           0           0           0             0              0         9,950             0

 SUBTOT       24,756           0           0           0        24,756          9,950                       6,923
 REMAIN            0           0           0           0             0              0         9,950             0
 TOTAL        24,756           0           0           0        24,756          9,950                       6,923

   LIFE OF EVALUATION IS 10.80 YEARS.
   FINAL PRODUCTION RATE: 15 BBLS/MO
</TABLE>
<PAGE>

                                  TENGASCO, INC.                       TABLE 98
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE

<TABLE>
<CAPTION>
 REICHEL FIELD, RUSH COUNTY, KANSAS                                                    GAS LEASE
   TENGASCO, INC. - OPERATOR   8-T17S-R16W                                             PROVED
     DECKER -A- #1   (SHAWNEE)                                                         PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000                      0.868164                             2.13        5.00% -       139,638
 FINAL   -   1.000000                      0.868164                             2.13       10.00% -        97,562
 REMARKS -                                                                                 15.00% -        74,199
                                                                                           20.00% -        59,672
                                                                                           25.00% -        49,859
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF (A)   $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>        <C>              <C>         <C>        <C>          <C>      <C>
 2002     1             0           0          13               0           0          10.299       0.00     2.13
 2003     1             0           0          12               0           0           9.990       0.00     2.13
 2004     1             0           0          13               0           0           9.690       0.00     2.13
 2005     1             0           0          11               0           0           9.400       0.00     2.13
 2006     1             0           0          12               0           0           9.118       0.00     2.13
 2007     1             0           0          11               0           0           8.844       0.00     2.13
 2008     1             0           0          11               0           0           8.579       0.00     2.13
 2009     1             0           0          10               0           0           8.321       0.00     2.13
 2010     1             0           0          10               0           0           8.072       0.00     2.13
 2011     1             0           0          10               0           0           7.830       0.00     2.13
 2012     1             0           0           9               0           0           7.595       0.00     2.13
 2013     1             0           0          10               0           0           7.367       0.00     2.13
 2014     1             0           0           9               0           0           7.146       0.00     2.13
 2015     1             0           0           8               0           0           6.932       0.00     2.13
 2016     1             0           0           9               0           0           6.724       0.00     2.13

 SUB-TOTAL              0           0         158               0           0         125.907       0.00     2.13
 REMAINDER              0           0         138               0           0         110.591       0.00     2.13
 TOTAL                  0           0         296               0           0         236.498       0.00     2.13

 CUMULATIVE             0           0         543    (A) NET GAS VOLUMES ACCOUNT FOR SURFACE LOSSES,
 ULTIMATE               0           0         839        SHRINKAGE FACTOR =   8.00 %
</TABLE>

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>      <C>               <C>      <C>              <C>       <C>        <C>
 2002                0           0        21,937            0        21,937           0         950        20,987
 2003                0           0        21,279            0        21,279           0         921        20,358
 2004                0           0        20,641            0        20,641           0         894        19,747
 2005                0           0        20,021            0        20,021           0         867        19,154
 2006                0           0        19,421            0        19,421           0         841        18,580
 2007                0           0        18,838            0        18,838           0         816        18,022
 2008                0           0        18,273            0        18,273           0         791        17,482
 2009                0           0        17,724            0        17,724           0         767        16,957
 2010                0           0        17,193            0        17,193           0         745        16,448
 2011                0           0        16,678            0        16,678           0         722        15,956
 2012                0           0        16,176            0        16,176           0         700        15,476
 2013                0           0        15,692            0        15,692           0         680        15,012
 2014                0           0        15,221            0        15,221           0         659        14,562
 2015                0           0        14,764            0        14,764           0         639        14,125
 2016                0           0        14,321            0        14,321           0         620        13,701

 SUB-TOT             0           0       268,179            0       268,179           0      11,612       256,567
 REMAIN              0           0       235,560            0       235,560           0      10,200       225,360
 TOTAL               0           0       503,739            0       503,739           0      21,812       481,927
</TABLE>

<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>         <C>         <C>       <C>           <C>           <C>           <C>
 2002          6,636           0           0           0         6,636         14,351        14,351        13,665
 2003          6,636           0           0           0         6,636         13,722        28,073        11,827
 2004          6,636           0           0           0         6,636         13,111        41,184        10,229
 2005          6,636           0           0           0         6,636         12,518        53,702         8,841
 2006          6,636           0           0           0         6,636         11,944        65,646         7,636
 2007          6,636           0           0           0         6,636         11,386        77,032         6,590
 2008          6,636           0           0           0         6,636         10,846        87,878         5,682
 2009          6,636           0           0           0         6,636         10,321        98,199         4,894
 2010          6,636           0           0           0         6,636          9,812       108,011         4,213
 2011          6,636           0           0           0         6,636          9,320       117,331         3,621
 2012          6,636           0           0           0         6,636          8,840       126,171         3,110
 2013          6,636           0           0           0         6,636          8,376       134,547         2,667
 2014          6,636           0           0           0         6,636          7,926       142,473         2,285
 2015          6,636           0           0           0         6,636          7,489       149,962         1,954
 2016          6,636           0           0           0         6,636          7,065       157,027         1,668

 SUBTOT       99,540           0           0           0        99,540        157,027                      88,882
 REMAIN      154,840           0           0           0       154,840         70,520       227,547         8,680
 TOTAL       254,380           0           0           0       254,380        227,547                      97,562
</TABLE>

   LIFE OF EVALUATION IS 38.33 YEARS.
   FINAL PRODUCTION RATE: 0.3 MMCF/MO
<PAGE>

                                  TENGASCO, INC.                       TABLE 99
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE

<TABLE>
<CAPTION>
 REICHEL FIELD, RUSH COUNTY, KANSAS                                                    GAS LEASE
   TENGASCO, INC. - OPERATOR   35-T16S-R17W                                            PROVED
     EDWARDS #1   (LANSING)                                                            PRODUCING

                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000                      0.875000                             2.13        5.00% -        16,769
 FINAL   -   1.000000                      0.875000                             2.13       10.00% -        14,423
 REMARKS -                                                                                 15.00% -        12,581
                                                                                           20.00% -        11,111
                                                                                           25.00% -         9,921
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF (A)   $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002     1             0           0           4               0           0           3.430       0.00     2.13
 2003     1             0           0           4               0           0           3.190       0.00     2.13
 2004     1             0           0           4               0           0           2.967       0.00     2.13
 2005     1             0           0           3               0           0           2.759       0.00     2.13
 2006     1             0           0           4               0           0           2.566       0.00     2.13
 2007     1             0           0           2               0           0           2.386       0.00     2.13
 2008     1             0           0           3               0           0           2.219       0.00     2.13
 2009     1             0           0           3               0           0           2.064       0.00     2.13
 2010     1             0           0           2               0           0           1.919       0.00     2.13
 2011     1             0           0           2               0           0           1.785       0.00     2.13
 2012     1             0           0           2               0           0           1.660       0.00     2.13
 2013     1             0           0           1               0           0           0.527       0.00     2.13
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0          34               0           0          27.472       0.00     2.13
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0          34               0           0          27.472       0.00     2.13

 CUMULATIVE             0           0          91    (A) NET GAS VOLUMES ACCOUNT FOR SURFACE LOSSES,
 ULTIMATE               0           0         125        SHRINKAGE FACTOR =   8.00 %
</TABLE>

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>       <C>              <C>       <C>             <C>       <C>         <C>
 2002                0           0         7,306            0         7,306           0         316         6,990
 2003                0           0         6,794            0         6,794           0         295         6,499
 2004                0           0         6,319            0         6,319           0         273         6,046
 2005                0           0         5,876            0         5,876           0         255         5,621
 2006                0           0         5,465            0         5,465           0         236         5,229
 2007                0           0         5,082            0         5,082           0         220         4,862
 2008                0           0         4,727            0         4,727           0         205         4,522
 2009                0           0         4,396            0         4,396           0         190         4,206
 2010                0           0         4,088            0         4,088           0         177         3,911
 2011                0           0         3,802            0         3,802           0         165         3,637
 2012                0           0         3,536            0         3,536           0         153         3,383
 2013                0           0         1,123            0         1,123           0          49         1,074
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0        58,514            0        58,514           0       2,534        55,980
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0        58,514            0        58,514           0       2,534        55,980
</TABLE>

<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>         <C>         <C>       <C>            <C>           <C>           <C>
 2002          3,192           0           0           0         3,192          3,798         3,798         3,619
 2003          3,192           0           0           0         3,192          3,307         7,105         2,853
 2004          3,192           0           0           0         3,192          2,854         9,959         2,228
 2005          3,192           0           0           0         3,192          2,429        12,388         1,718
 2006          3,192           0           0           0         3,192          2,037        14,425         1,303
 2007          3,192           0           0           0         3,192          1,670        16,095           968
 2008          3,192           0           0           0         3,192          1,330        17,425           698
 2009          3,192           0           0           0         3,192          1,014        18,439           482
 2010          3,192           0           0           0         3,192            719        19,158           309
 2011          3,192           0           0           0         3,192            445        19,603           174
 2012          3,192           0           0           0         3,192            191        19,794            68
 2013          1,064           0           0           0         1,064             10        19,804             3
 2014              0           0           0           0             0              0        19,804             0
 2015              0           0           0           0             0              0        19,804             0
 2016              0           0           0           0             0              0        19,804             0

 SUBTOT       36,176           0           0           0        36,176         19,804                      14,423
 REMAIN            0           0           0           0             0              0        19,804             0
 TOTAL        36,176           0           0           0        36,176         19,804                      14,423
</TABLE>

   LIFE OF EVALUATION IS 11.33 YEARS.
   FINAL PRODUCTION RATE: 0.2 MMCF/MO
<PAGE>

                            TENGASCO, INC. TABLE 100
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE

<TABLE>
<CAPTION>
 REICHEL FIELD, RUSH COUNTY, KANSAS                                                    GAS LEASE
   TENGASCO, INC. - OPERATOR   19-T17S-R16W                                            PROVED
     ELDER #1   (TOPEKA)                                                               PRODUCING

                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000                                                           2.13        5.00% -             1
 FINAL   -   1.000000                                                           2.13       10.00% -             1
 REMARKS -                                                                                 15.00% -             1
                                                                                           20.00% -             1
                                                                                           25.00% -             1
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF (A)   $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002     1             0           0           0               0           0           0.344       0.00     2.13
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.344       0.00     2.13
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.344       0.00     2.13

 CUMULATIVE             0           0          53    (A) NET GAS VOLUMES ACCOUNT FOR SURFACE LOSSES,
 ULTIMATE               0           0          53        SHRINKAGE FACTOR =   8.00 %
</TABLE>

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>         <C>            <C>         <C>           <C>        <C>          <C>
 2002                0           0           733            0           733           0          32           701
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0           733            0           733           0          32           701
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0           733            0           733           0          32           701
</TABLE>

<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>              <C>           <C>         <C>         <C>         <C>              <C>           <C>           <C>
 2002            700           0           0           0           700              1             1             1
 2003              0           0           0           0             0              0             1             0
 2004              0           0           0           0             0              0             1             0
 2005              0           0           0           0             0              0             1             0
 2006              0           0           0           0             0              0             1             0
 2007              0           0           0           0             0              0             1             0
 2008              0           0           0           0             0              0             1             0
 2009              0           0           0           0             0              0             1             0
 2010              0           0           0           0             0              0             1             0
 2011              0           0           0           0             0              0             1             0
 2012              0           0           0           0             0              0             1             0
 2013              0           0           0           0             0              0             1             0
 2014              0           0           0           0             0              0             1             0
 2015              0           0           0           0             0              0             1             0
 2016              0           0           0           0             0              0             1             0

 SUBTOT          700           0           0           0           700              1                           1
 REMAIN            0           0           0           0             0              0             1             0
 TOTAL           700           0           0           0           700              1                           1
</TABLE>

   LIFE OF EVALUATION IS 0.17 YEARS.
   FINAL PRODUCTION RATE: 0.2 MMCF/MO
<PAGE>

                                 TENGASCO, INC.                        TABLE 101
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE

<TABLE>
<CAPTION>
 REICHEL FIELD, RUSH COUNTY, KANSAS                                                    GAS LEASE
   TENGASCO, INC. - OPERATOR   25-T17S-R17W                                            PROVED
     FOOS #1   (LANSING)                                                               PRODUCING

                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000                      0.820313                             2.13        5.00% -        55,644
 FINAL   -   1.000000                      0.820313                             2.13       10.00% -        43,953
 REMARKS -                                                                                 15.00% -        35,979
                                                                                           20.00% -        30,301
                                                                                           25.00% -        26,102
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF (A)   $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002     1             0           0           9               0           0           6.534       0.00     2.13
 2003     1             0           0           8               0           0           6.207       0.00     2.13
 2004     1             0           0           8               0           0           5.897       0.00     2.13
 2005     1             0           0           7               0           0           5.602       0.00     2.13
 2006     1             0           0           7               0           0           5.322       0.00     2.13
 2007     1             0           0           7               0           0           5.056       0.00     2.13
 2008     1             0           0           6               0           0           4.803       0.00     2.13
 2009     1             0           0           6               0           0           4.563       0.00     2.13
 2010     1             0           0           6               0           0           4.334       0.00     2.13
 2011     1             0           0           5               0           0           4.118       0.00     2.13
 2012     1             0           0           6               0           0           3.912       0.00     2.13
 2013     1             0           0           5               0           0           3.716       0.00     2.13
 2014     1             0           0           4               0           0           3.530       0.00     2.13
 2015     1             0           0           5               0           0           3.354       0.00     2.13
 2016     1             0           0           4               0           0           3.186       0.00     2.13

 SUB-TOTAL              0           0          93               0           0          70.134       0.00     2.13
 REMAINDER              0           0          19               0           0          14.094       0.00     2.13
 TOTAL                  0           0         112               0           0          84.228       0.00     2.13

 CUMULATIVE             0           0          99    (A) NET GAS VOLUMES ACCOUNT FOR SURFACE LOSSES,
 ULTIMATE               0           0         211        SHRINKAGE FACTOR =   8.00 %
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>      <C>               <C>      <C>              <C>       <C>        <C>
 2002                0           0        13,916            0        13,916           0         603        13,313
 2003                0           0        13,221            0        13,221           0         572        12,649
 2004                0           0        12,560            0        12,560           0         544        12,016
 2005                0           0        11,931            0        11,931           0         517        11,414
 2006                0           0        11,335            0        11,335           0         490        10,845
 2007                0           0        10,769            0        10,769           0         467        10,302
 2008                0           0        10,229            0        10,229           0         443         9,786
 2009                0           0         9,719            0         9,719           0         420         9,299
 2010                0           0         9,232            0         9,232           0         400         8,832
 2011                0           0         8,771            0         8,771           0         380         8,391
 2012                0           0         8,332            0         8,332           0         361         7,971
 2013                0           0         7,916            0         7,916           0         342         7,574
 2014                0           0         7,520            0         7,520           0         326         7,194
 2015                0           0         7,144            0         7,144           0         309         6,835
 2016                0           0         6,786            0         6,786           0         294         6,492

 SUB-TOT             0           0       149,381            0       149,381           0       6,468       142,913
 REMAIN              0           0        30,020            0        30,020           0       1,300        28,720
 TOTAL               0           0       179,401            0       179,401           0       7,768       171,633
</TABLE>

<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>         <C>         <C>       <C>            <C>           <C>           <C>
 2002          4,860           0           0           0         4,860          8,453         8,453         8,051
 2003          4,860           0           0           0         4,860          7,789        16,242         6,716
 2004          4,860           0           0           0         4,860          7,156        23,398         5,585
 2005          4,860           0           0           0         4,860          6,554        29,952         4,630
 2006          4,860           0           0           0         4,860          5,985        35,937         3,828
 2007          4,860           0           0           0         4,860          5,442        41,379         3,151
 2008          4,860           0           0           0         4,860          4,926        46,305         2,582
 2009          4,860           0           0           0         4,860          4,439        50,744         2,106
 2010          4,860           0           0           0         4,860          3,972        54,716         1,706
 2011          4,860           0           0           0         4,860          3,531        58,247         1,373
 2012          4,860           0           0           0         4,860          3,111        61,358         1,095
 2013          4,860           0           0           0         4,860          2,714        64,072           865
 2014          4,860           0           0           0         4,860          2,334        66,406           673
 2015          4,860           0           0           0         4,860          1,975        68,381           516
 2016          4,860           0           0           0         4,860          1,632        70,013           386

 SUBTOT       72,900           0           0           0        72,900         70,013                      43,263
 REMAIN       25,110           0           0           0        25,110          3,610        73,623           690
 TOTAL        98,010           0           0           0        98,010         73,623                      43,953
</TABLE>

   LIFE OF EVALUATION IS 20.17 YEARS.
   FINAL PRODUCTION RATE: 0.3 MMCF/MO
<PAGE>

                                 TENGASCO, INC.                        TABLE 102
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE

<TABLE>
<CAPTION>
 REICHEL FIELD, RUSH COUNTY, KANSAS                                                    GAS LEASE
   TENGASCO, INC. - OPERATOR   22-T17S-R17W                                            PROVED
     FOOS -A- #1   (LANSING)                                                           PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000                      0.820313                             2.13        5.00% -        10,862
 FINAL   -   1.000000                      0.820313                             2.13       10.00% -         8,920
 REMARKS -                                                                                 15.00% -         7,500
                                                                                           20.00% -         6,434
                                                                                           25.00% -         5,614
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF (A)   $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002     1             0           0           3               0           0           2.443       0.00     2.13
 2003     1             0           0           3               0           0           2.363       0.00     2.13
 2004     1             0           0           3               0           0           2.286       0.00     2.13
 2005     1             0           0           3               0           0           2.212       0.00     2.13
 2006     1             0           0           3               0           0           2.140       0.00     2.13
 2007     1             0           0           3               0           0           2.071       0.00     2.13
 2008     1             0           0           3               0           0           2.003       0.00     2.13
 2009     1             0           0           2               0           0           1.938       0.00     2.13
 2010     1             0           0           3               0           0           1.875       0.00     2.13
 2011     1             0           0           2               0           0           1.814       0.00     2.13
 2012     1             0           0           2               0           0           1.755       0.00     2.13
 2013     1             0           0           3               0           0           1.698       0.00     2.13
 2014     1             0           0           2               0           0           1.643       0.00     2.13
 2015     1             0           0           2               0           0           1.590       0.00     2.13
 2016     1             0           0           2               0           0           1.538       0.00     2.13

 SUB-TOTAL              0           0          39               0           0          29.369       0.00     2.13
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0          39               0           0          29.369       0.00     2.13

 CUMULATIVE             0           0         556    (A) NET GAS VOLUMES ACCOUNT FOR SURFACE LOSSES,
 ULTIMATE               0           0         595        SHRINKAGE FACTOR =   8.00 %
</TABLE>

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>       <C>              <C>       <C>             <C>       <C>         <C>
 2002                0           0         5,203            0         5,203           0         225         4,978
 2003                0           0         5,034            0         5,034           0         218         4,816
 2004                0           0         4,870            0         4,870           0         211         4,659
 2005                0           0         4,712            0         4,712           0         204         4,508
 2006                0           0         4,558            0         4,558           0         198         4,360
 2007                0           0         4,411            0         4,411           0         191         4,220
 2008                0           0         4,267            0         4,267           0         184         4,083
 2009                0           0         4,129            0         4,129           0         179         3,950
 2010                0           0         3,994            0         3,994           0         173         3,821
 2011                0           0         3,865            0         3,865           0         167         3,698
 2012                0           0         3,739            0         3,739           0         162         3,577
 2013                0           0         3,617            0         3,617           0         157         3,460
 2014                0           0         3,500            0         3,500           0         151         3,349
 2015                0           0         3,386            0         3,386           0         147         3,239
 2016                0           0         3,276            0         3,276           0         142         3,134

 SUB-TOT             0           0        62,561            0        62,561           0       2,709        59,852
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0        62,561            0        62,561           0       2,709        59,852
</TABLE>

<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>         <C>         <C>       <C>            <C>           <C>           <C>
 2002          3,084           0           0           0         3,084          1,894         1,894         1,804
 2003          3,084           0           0           0         3,084          1,732         3,626         1,493
 2004          3,084           0           0           0         3,084          1,575         5,201         1,230
 2005          3,084           0           0           0         3,084          1,424         6,625         1,006
 2006          3,084           0           0           0         3,084          1,276         7,901           816
 2007          3,084           0           0           0         3,084          1,136         9,037           658
 2008          3,084           0           0           0         3,084            999        10,036           524
 2009          3,084           0           0           0         3,084            866        10,902           411
 2010          3,084           0           0           0         3,084            737        11,639           316
 2011          3,084           0           0           0         3,084            614        12,253           239
 2012          3,084           0           0           0         3,084            493        12,746           174
 2013          3,084           0           0           0         3,084            376        13,122           120
 2014          3,084           0           0           0         3,084            265        13,387            77
 2015          3,084           0           0           0         3,084            155        13,542            40
 2016          3,084           0           0           0         3,084             50        13,592            12

 SUBTOT       46,260           0           0           0        46,260         13,592                       8,920
 REMAIN            0           0           0           0             0              0        13,592             0
 TOTAL        46,260           0           0           0        46,260         13,592                       8,920
</TABLE>

   LIFE OF EVALUATION IS 15.00 YEARS.
   FINAL PRODUCTION RATE: 0.2 MMCF/MO
<PAGE>

                                TENGASCO, INC.                         TABLE 103
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE

<TABLE>
<CAPTION>
 REICHEL FIELD, RUSH COUNTY, KANSAS                                                    GAS LEASE
   TENGASCO, INC. - OPERATOR   4-T17S-R17W                                             PROVED
     FRYE #2   (TOPEKA)                                                                PRODUCING

                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000                      0.875000                             2.13        5.00% -         2,464
 FINAL   -   1.000000                      0.875000                             2.13       10.00% -         2,206
 REMARKS -                                                                                 15.00% -         1,988
                                                                                           20.00% -         1,804
                                                                                           25.00% -         1,647
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF (A)   $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002     1             0           0           1               0           0           0.549       0.00     2.13
 2003     1             0           0           0               0           0           0.491       0.00     2.13
 2004     1             0           0           1               0           0           0.439       0.00     2.13
 2005     1             0           0           0               0           0           0.393       0.00     2.13
 2006     1             0           0           1               0           0           0.352       0.00     2.13
 2007     1             0           0           0               0           0           0.315       0.00     2.13
 2008     1             0           0           0               0           0           0.070       0.00     2.13
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           3               0           0           2.609       0.00     2.13
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           3               0           0           2.609       0.00     2.13

 CUMULATIVE             0           0          13    (A) NET GAS VOLUMES ACCOUNT FOR SURFACE LOSSES,
 ULTIMATE               0           0          16        SHRINKAGE FACTOR =   8.00 %
</TABLE>

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>       <C>              <C>       <C>             <C>        <C>        <C>
 2002                0           0         1,169            0         1,169           0          51         1,118
 2003                0           0         1,045            0         1,045           0          45         1,000
 2004                0           0           936            0           936           0          40           896
 2005                0           0           838            0           838           0          37           801
 2006                0           0           750            0           750           0          32           718
 2007                0           0           671            0           671           0          29           642
 2008                0           0           150            0           150           0           7           143
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0         5,559            0         5,559           0         241         5,318
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0         5,559            0         5,559           0         241         5,318
</TABLE>

<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>              <C>           <C>         <C>         <C>         <C>            <C>           <C>           <C>
 2002            408           0           0           0           408            710           710           677
 2003            408           0           0           0           408            592         1,302           511
 2004            408           0           0           0           408            488         1,790           381
 2005            408           0           0           0           408            393         2,183           278
 2006            408           0           0           0           408            310         2,493           198
 2007            408           0           0           0           408            234         2,727           136
 2008             98           0           0           0            98             45         2,772            25
 2009              0           0           0           0             0              0         2,772             0
 2010              0           0           0           0             0              0         2,772             0
 2011              0           0           0           0             0              0         2,772             0
 2012              0           0           0           0             0              0         2,772             0
 2013              0           0           0           0             0              0         2,772             0
 2014              0           0           0           0             0              0         2,772             0
 2015              0           0           0           0             0              0         2,772             0
 2016              0           0           0           0             0              0         2,772             0

 SUBTOT        2,546           0           0           0         2,546          2,772                       2,206
 REMAIN            0           0           0           0             0              0         2,772             0
 TOTAL         2,546           0           0           0         2,546          2,772                       2,206
</TABLE>

   LIFE OF EVALUATION IS 6.24 YEARS.
   FINAL PRODUCTION RATE: 0.0 MMCF/MO

<PAGE>

                            TENGASCO, INC. TABLE 104
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE

<TABLE>
<CAPTION>
REICHEL FIELD, RUSH COUNTY, KANSAS GAS LEASE
   TENGASCO, INC. - OPERATOR   19-T17S-R16W                                            PROVED
     GIESICK #1   (KANSAS CITY)                                                        PRODUCING

                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000                      0.875000                             2.13        5.00% -       122,662
 FINAL   -   1.000000                      0.875000                             2.13       10.00% -       101,493
 REMARKS -                                                                                 15.00% -        85,894
                                                                                           20.00% -        74,096
                                                                                           25.00% -        64,958
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF (A)   $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>        <C>              <C>         <C>        <C>          <C>      <C>
 2002     1             0           0          23               0           0          18.761       0.00     2.13
 2003     1             0           0          22               0           0          17.635       0.00     2.13
 2004     1             0           0          21               0           0          16.577       0.00     2.13
 2005     1             0           0          19               0           0          15.582       0.00     2.13
 2006     1             0           0          18               0           0          14.647       0.00     2.13
 2007     1             0           0          17               0           0          13.769       0.00     2.13
 2008     1             0           0          17               0           0          12.942       0.00     2.13
 2009     1             0           0          15               0           0          12.166       0.00     2.13
 2010     1             0           0          14               0           0          11.436       0.00     2.13
 2011     1             0           0          13               0           0          10.750       0.00     2.13
 2012     1             0           0          13               0           0          10.105       0.00     2.13
 2013     1             0           0          12               0           0           9.498       0.00     2.13
 2014     1             0           0          11               0           0           8.929       0.00     2.13
 2015     1             0           0          10               0           0           8.393       0.00     2.13
 2016     1             0           0          10               0           0           7.889       0.00     2.13

 SUB-TOTAL              0           0         235               0           0         189.079       0.00     2.13
 REMAINDER              0           0           1               0           0           0.636       0.00     2.13
 TOTAL                  0           0         236               0           0         189.715       0.00     2.13

 CUMULATIVE             0           0         859    (A) NET GAS VOLUMES ACCOUNT FOR SURFACE LOSSES,
 ULTIMATE               0           0       1,095        SHRINKAGE FACTOR =   8.00 %
</TABLE>

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>      <C>               <C>      <C>              <C>     <C>          <C>
 2002                0           0        39,960            0        39,960           0       1,730        38,230
 2003                0           0        37,563            0        37,563           0       1,627        35,936
 2004                0           0        35,309            0        35,309           0       1,529        33,780
 2005                0           0        33,190            0        33,190           0       1,437        31,753
 2006                0           0        31,199            0        31,199           0       1,351        29,848
 2007                0           0        29,327            0        29,327           0       1,270        28,057
 2008                0           0        27,567            0        27,567           0       1,193        26,374
 2009                0           0        25,913            0        25,913           0       1,122        24,791
 2010                0           0        24,359            0        24,359           0       1,055        23,304
 2011                0           0        22,897            0        22,897           0         991        21,906
 2012                0           0        21,523            0        21,523           0         932        20,591
 2013                0           0        20,232            0        20,232           0         876        19,356
 2014                0           0        19,018            0        19,018           0         824        18,194
 2015                0           0        17,876            0        17,876           0         774        17,102
 2016                0           0        16,805            0        16,805           0         728        16,077

 SUB-TOT             0           0       402,738            0       402,738           0      17,439       385,299
 REMAIN              0           0         1,354            0         1,354           0          58         1,296
 TOTAL               0           0       404,092            0       404,092           0      17,497       386,595
</TABLE>

<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>           <C>              <C>         <C>         <C>      <C>            <C>           <C>           <C>
 2002         15,540           0           0           0        15,540         22,690        22,690        21,615
 2003         15,540           0           0           0        15,540         20,396        43,086        17,589
 2004         15,540           0           0           0        15,540         18,240        61,326        14,240
 2005         15,540           0           0           0        15,540         16,213        77,539        11,457
 2006         15,540           0           0           0        15,540         14,308        91,847         9,154
 2007         15,540           0           0           0        15,540         12,517       104,364         7,249
 2008         15,540           0           0           0        15,540         10,834       115,198         5,681
 2009         15,540           0           0           0        15,540          9,251       124,449         4,391
 2010         15,540           0           0           0        15,540          7,764       132,213         3,337
 2011         15,540           0           0           0        15,540          6,366       138,579         2,477
 2012         15,540           0           0           0        15,540          5,051       143,630         1,779
 2013         15,540           0           0           0        15,540          3,816       147,446         1,218
 2014         15,540           0           0           0        15,540          2,654       150,100           767
 2015         15,540           0           0           0        15,540          1,562       151,662           410
 2016         15,540           0           0           0        15,540            537       152,199           129

 SUBTOT      233,100           0           0           0       233,100        152,199                     101,493
 REMAIN        1,295           0           0           0         1,295              1       152,200             0
 TOTAL       234,395           0           0           0       234,395        152,200                     101,493
</TABLE>

   LIFE OF EVALUATION IS 15.08 YEARS.
   FINAL PRODUCTION RATE: 0.8 MMCF/MO
<PAGE>

                                 TENGASCO, INC.                        TABLE 105
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE

<TABLE>
<CAPTION>
 REICHEL FIELD, RUSH COUNTY, KANSAS                                                    GAS LEASE
   TENGASCO, INC. - OPERATOR   24-T17S-R17W                                            PROVED
     GILLIG #1   (TOPEKA)                                                              PRODUCING

                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000                      0.875000                             2.13        5.00% -        28,522
 FINAL   -   1.000000                      0.875000                             2.13       10.00% -        22,045
 REMARKS -                                                                                 15.00% -        17,787
                                                                                           20.00% -        14,835
                                                                                           25.00% -        12,695
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF (A)   $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002     1             0           0           4               0           0           2.978       0.00     2.13
 2003     1             0           0           3               0           0           2.838       0.00     2.13
 2004     1             0           0           4               0           0           2.705       0.00     2.13
 2005     1             0           0           3               0           0           2.578       0.00     2.13
 2006     1             0           0           3               0           0           2.457       0.00     2.13
 2007     1             0           0           3               0           0           2.341       0.00     2.13
 2008     1             0           0           3               0           0           2.231       0.00     2.13
 2009     1             0           0           2               0           0           2.126       0.00     2.13
 2010     1             0           0           3               0           0           2.026       0.00     2.13
 2011     1             0           0           2               0           0           1.931       0.00     2.13
 2012     1             0           0           2               0           0           1.840       0.00     2.13
 2013     1             0           0           3               0           0           1.754       0.00     2.13
 2014     1             0           0           2               0           0           1.671       0.00     2.13
 2015     1             0           0           2               0           0           1.593       0.00     2.13
 2016     1             0           0           1               0           0           1.518       0.00     2.13

 SUB-TOTAL              0           0          40               0           0          32.587       0.00     2.13
 REMAINDER              0           0          13               0           0           9.754       0.00     2.13
 TOTAL                  0           0          53               0           0          42.341       0.00     2.13

 CUMULATIVE             0           0         621    (A) NET GAS VOLUMES ACCOUNT FOR SURFACE LOSSES,
 ULTIMATE               0           0         674        SHRINKAGE FACTOR =   8.00 %
</TABLE>

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>       <C>              <C>       <C>             <C>       <C>         <C>
 2002                0           0         6,344            0         6,344           0         275         6,069
 2003                0           0         6,046            0         6,046           0         261         5,785
 2004                0           0         5,761            0         5,761           0         250         5,511
 2005                0           0         5,491            0         5,491           0         238         5,253
 2006                0           0         5,233            0         5,233           0         226         5,007
 2007                0           0         4,987            0         4,987           0         216         4,771
 2008                0           0         4,752            0         4,752           0         206         4,546
 2009                0           0         4,529            0         4,529           0         196         4,333
 2010                0           0         4,316            0         4,316           0         187         4,129
 2011                0           0         4,114            0         4,114           0         178         3,936
 2012                0           0         3,920            0         3,920           0         170         3,750
 2013                0           0         3,735            0         3,735           0         162         3,573
 2014                0           0         3,561            0         3,561           0         154         3,407
 2015                0           0         3,392            0         3,392           0         147         3,245
 2016                0           0         3,234            0         3,234           0         140         3,094

 SUB-TOT             0           0        69,415            0        69,415           0       3,006        66,409
 REMAIN              0           0        20,776            0        20,776           0         899        19,877
 TOTAL               0           0        90,191            0        90,191           0       3,905        86,286
</TABLE>

<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>         <C>         <C>       <C>            <C>           <C>           <C>
 2002          2,064           0           0           0         2,064          4,005         4,005         3,814
 2003          2,064           0           0           0         2,064          3,721         7,726         3,208
 2004          2,064           0           0           0         2,064          3,447        11,173         2,690
 2005          2,064           0           0           0         2,064          3,189        14,362         2,253
 2006          2,064           0           0           0         2,064          2,943        17,305         1,882
 2007          2,064           0           0           0         2,064          2,707        20,012         1,567
 2008          2,064           0           0           0         2,064          2,482        22,494         1,301
 2009          2,064           0           0           0         2,064          2,269        24,763         1,077
 2010          2,064           0           0           0         2,064          2,065        26,828           886
 2011          2,064           0           0           0         2,064          1,872        28,700           728
 2012          2,064           0           0           0         2,064          1,686        30,386           593
 2013          2,064           0           0           0         2,064          1,509        31,895           481
 2014          2,064           0           0           0         2,064          1,343        33,238           387
 2015          2,064           0           0           0         2,064          1,181        34,419           309
 2016          2,064           0           0           0         2,064          1,030        35,449           243

 SUBTOT       30,960           0           0           0        30,960         35,449                      21,419
 REMAIN       16,340           0           0           0        16,340          3,537        38,986           626
 TOTAL        47,300           0           0           0        47,300         38,986                      22,045
</TABLE>

   LIFE OF EVALUATION IS 22.92 YEARS.
   FINAL PRODUCTION RATE: 0.1 MMCF/MO
<PAGE>
                              TENGASCO, INC.                 TABLE 106
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE

<TABLE>
<CAPTION>
REICHEL FIELD, RUSH COUNTY, KANSAS GAS LEASE
   TENGASCO, INC. - OPERATOR   9-T17S-R17W                                             PROVED
     GRUMBEIN -A- #1   (KSSC-LNSG)                                                     PRODUCING

                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000                      0.875000                             2.13        5.00% -        20,273
 FINAL   -   1.000000                      0.875000                             2.13       10.00% -        16,562
 REMARKS -                                                                                 15.00% -        13,886
                                                                                           20.00% -        11,896
                                                                                           25.00% -        10,375
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF (A)   $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002     1             0           0           4               0           0           2.834       0.00     2.13
 2003     1             0           0           3               0           0           2.669       0.00     2.13
 2004     1             0           0           3               0           0           2.515       0.00     2.13
 2005     1             0           0           3               0           0           2.369       0.00     2.13
 2006     1             0           0           3               0           0           2.231       0.00     2.13
 2007     1             0           0           2               0           0           2.102       0.00     2.13
 2008     1             0           0           3               0           0           1.980       0.00     2.13
 2009     1             0           0           2               0           0           1.865       0.00     2.13
 2010     1             0           0           2               0           0           1.757       0.00     2.13
 2011     1             0           0           2               0           0           1.655       0.00     2.13
 2012     1             0           0           2               0           0           1.559       0.00     2.13
 2013     1             0           0           2               0           0           1.469       0.00     2.13
 2014     1             0           0           2               0           0           1.383       0.00     2.13
 2015     1             0           0           1               0           0           1.303       0.00     2.13
 2016     1             0           0           2               0           0           1.228       0.00     2.13

 SUB-TOTAL              0           0          36               0           0          28.919       0.00     2.13
 REMAINDER              0           0           2               0           0           1.618       0.00     2.13
 TOTAL                  0           0          38               0           0          30.537       0.00     2.13

 CUMULATIVE             0           0         120    (A) NET GAS VOLUMES ACCOUNT FOR SURFACE LOSSES,
 ULTIMATE               0           0         158        SHRINKAGE FACTOR =   8.00 %
</TABLE>

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>       <C>              <C>       <C>             <C>       <C>         <C>
 2002                0           0         6,036            0         6,036           0         261         5,775
 2003                0           0         5,686            0         5,686           0         247         5,439
 2004                0           0         5,356            0         5,356           0         231         5,125
 2005                0           0         5,045            0         5,045           0         219         4,826
 2006                0           0         4,753            0         4,753           0         206         4,547
 2007                0           0         4,477            0         4,477           0         194         4,283
 2008                0           0         4,217            0         4,217           0         182         4,035
 2009                0           0         3,973            0         3,973           0         172         3,801
 2010                0           0         3,743            0         3,743           0         162         3,581
 2011                0           0         3,525            0         3,525           0         153         3,372
 2012                0           0         3,321            0         3,321           0         144         3,177
 2013                0           0         3,128            0         3,128           0         135         2,993
 2014                0           0         2,947            0         2,947           0         128         2,819
 2015                0           0         2,776            0         2,776           0         120         2,656
 2016                0           0         2,615            0         2,615           0         113         2,502

 SUB-TOT             0           0        61,598            0        61,598           0       2,667        58,931
 REMAIN              0           0         3,447            0         3,447           0         149         3,298
 TOTAL               0           0        65,045            0        65,045           0       2,816        62,229
</TABLE>

<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>         <C>         <C>       <C>            <C>           <C>           <C>
 2002          2,232           0           0           0         2,232          3,543         3,543         3,375
 2003          2,232           0           0           0         2,232          3,207         6,750         2,765
 2004          2,232           0           0           0         2,232          2,893         9,643         2,259
 2005          2,232           0           0           0         2,232          2,594        12,237         1,833
 2006          2,232           0           0           0         2,232          2,315        14,552         1,481
 2007          2,232           0           0           0         2,232          2,051        16,603         1,187
 2008          2,232           0           0           0         2,232          1,803        18,406           946
 2009          2,232           0           0           0         2,232          1,569        19,975           744
 2010          2,232           0           0           0         2,232          1,349        21,324           580
 2011          2,232           0           0           0         2,232          1,140        22,464           443
 2012          2,232           0           0           0         2,232            945        23,409           333
 2013          2,232           0           0           0         2,232            761        24,170           243
 2014          2,232           0           0           0         2,232            587        24,757           169
 2015          2,232           0           0           0         2,232            424        25,181           111
 2016          2,232           0           0           0         2,232            270        25,451            64

 SUBTOT       33,480           0           0           0        33,480         25,451                      16,533
 REMAIN        3,162           0           0           0         3,162            136        25,587            29
 TOTAL        36,642           0           0           0        36,642         25,587                      16,562
</TABLE>

   LIFE OF EVALUATION IS 16.42 YEARS.
   FINAL PRODUCTION RATE: 0.1 MMCF/MO
<PAGE>

                                 TENGASCO, INC.                        TABLE 107
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE

<TABLE>
<CAPTION>
 REICHEL FIELD, RUSH COUNTY, KANSAS                                                    GAS LEASE
   TENGASCO, INC. - OPERATOR   24-T17S-R17W                                            PROVED
     HANHARDT #1   (TOPEKA)                                                            PRODUCING

                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000                      0.820313                             2.13        5.00% -        25,849
 FINAL   -   1.000000                      0.820313                             2.13       10.00% -        19,181
 REMARKS -                                                                                 15.00% -        15,097
                                                                                           20.00% -        12,397
                                                                                           25.00% -        10,500
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF (A)   $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002     1             0           0           3               0           0           2.161       0.00     2.13
 2003     1             0           0           3               0           0           2.066       0.00     2.13
 2004     1             0           0           2               0           0           1.975       0.00     2.13
 2005     1             0           0           3               0           0           1.888       0.00     2.13
 2006     1             0           0           2               0           0           1.805       0.00     2.13
 2007     1             0           0           2               0           0           1.725       0.00     2.13
 2008     1             0           0           3               0           0           1.649       0.00     2.13
 2009     1             0           0           2               0           0           1.577       0.00     2.13
 2010     1             0           0           2               0           0           1.508       0.00     2.13
 2011     1             0           0           2               0           0           1.441       0.00     2.13
 2012     1             0           0           1               0           0           1.378       0.00     2.13
 2013     1             0           0           2               0           0           1.317       0.00     2.13
 2014     1             0           0           2               0           0           1.259       0.00     2.13
 2015     1             0           0           1               0           0           1.204       0.00     2.13
 2016     1             0           0           2               0           0           1.151       0.00     2.13

 SUB-TOTAL              0           0          32               0           0          24.104       0.00     2.13
 REMAINDER              0           0          16               0           0          11.786       0.00     2.13
 TOTAL                  0           0          48               0           0          35.890       0.00     2.13

 CUMULATIVE             0           0         802    (A) NET GAS VOLUMES ACCOUNT FOR SURFACE LOSSES,
 ULTIMATE               0           0         850        SHRINKAGE FACTOR =   8.00 %
</TABLE>

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>       <C>              <C>       <C>             <C>       <C>         <C>
 2002                0           0         4,602            0         4,602           0         199         4,403
 2003                0           0         4,400            0         4,400           0         191         4,209
 2004                0           0         4,207            0         4,207           0         182         4,025
 2005                0           0         4,021            0         4,021           0         174         3,847
 2006                0           0         3,844            0         3,844           0         167         3,677
 2007                0           0         3,675            0         3,675           0         159         3,516
 2008                0           0         3,514            0         3,514           0         152         3,362
 2009                0           0         3,358            0         3,358           0         145         3,213
 2010                0           0         3,212            0         3,212           0         139         3,073
 2011                0           0         3,069            0         3,069           0         133         2,936
 2012                0           0         2,935            0         2,935           0         127         2,808
 2013                0           0         2,806            0         2,806           0         122         2,684
 2014                0           0         2,682            0         2,682           0         116         2,566
 2015                0           0         2,564            0         2,564           0         111         2,453
 2016                0           0         2,451            0         2,451           0         106         2,345

 SUB-TOT             0           0        51,340            0        51,340           0       2,223        49,117
 REMAIN              0           0        25,105            0        25,105           0       1,087        24,018
 TOTAL               0           0        76,445            0        76,445           0       3,310        73,135
</TABLE>

<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>         <C>         <C>       <C>            <C>           <C>           <C>
 2002          1,212           0           0           0         1,212          3,191         3,191         3,039
 2003          1,212           0           0           0         1,212          2,997         6,188         2,583
 2004          1,212           0           0           0         1,212          2,813         9,001         2,196
 2005          1,212           0           0           0         1,212          2,635        11,636         1,861
 2006          1,212           0           0           0         1,212          2,465        14,101         1,576
 2007          1,212           0           0           0         1,212          2,304        16,405         1,334
 2008          1,212           0           0           0         1,212          2,150        18,555         1,126
 2009          1,212           0           0           0         1,212          2,001        20,556           949
 2010          1,212           0           0           0         1,212          1,861        22,417           799
 2011          1,212           0           0           0         1,212          1,724        24,141           670
 2012          1,212           0           0           0         1,212          1,596        25,737           562
 2013          1,212           0           0           0         1,212          1,472        27,209           469
 2014          1,212           0           0           0         1,212          1,354        28,563           390
 2015          1,212           0           0           0         1,212          1,241        29,804           324
 2016          1,212           0           0           0         1,212          1,133        30,937           268

 SUBTOT       18,180           0           0           0        18,180         30,937                      18,146
 REMAIN       17,170           0           0           0        17,170          6,848        37,785         1,035
 TOTAL        35,350           0           0           0        35,350         37,785                      19,181
</TABLE>

   LIFE OF EVALUATION IS 29.17 YEARS.
   FINAL PRODUCTION RATE: 0.1 MMCF/MO
<PAGE>

                                 TENGASCO, INC.                        TABLE 108
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE

<TABLE>
<CAPTION>
 REICHEL FIELD, RUSH COUNTY, KANSAS                                                    GAS LEASE
   TENGASCO, INC. - OPERATOR   24-T17S-R17W                                            PROVED
     HANHARDT #1-A   (TOPEKA)                                                          PRODUCING

                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000                      0.820313                             2.13        5.00% -         8,680
 FINAL   -   1.000000                      0.820313                             2.13       10.00% -         8,093
 REMARKS -                                                                                 15.00% -         7,568
                                                                                           20.00% -         7,097
                                                                                           25.00% -         6,673
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF (A)   $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002     1             0           0           8               0           0           5.812       0.00     2.13
 2003     1             0           0           7               0           0           5.301       0.00     2.13
 2004     1             0           0           6               0           0           4.834       0.00     2.13
 2005     1             0           0           6               0           0           4.409       0.00     2.13
 2006     1             0           0           4               0           0           2.722       0.00     2.13
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0          31               0           0          23.078       0.00     2.13
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0          31               0           0          23.078       0.00     2.13

 CUMULATIVE             0           0         493    (A) NET GAS VOLUMES ACCOUNT FOR SURFACE LOSSES,
 ULTIMATE               0           0         524        SHRINKAGE FACTOR =   8.00 %
</TABLE>

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>      <C>               <C>      <C>              <C>       <C>        <C>
 2002                0           0        12,380            0        12,380           0         536        11,844
 2003                0           0        11,290            0        11,290           0         489        10,801
 2004                0           0        10,297            0        10,297           0         446         9,851
 2005                0           0         9,391            0         9,391           0         406         8,985
 2006                0           0         5,797            0         5,797           0         251         5,546
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0        49,155            0        49,155           0       2,128        47,027
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0        49,155            0        49,155           0       2,128        47,027
</TABLE>

<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>         <C>         <C>       <C>            <C>           <C>           <C>
 2002          8,076           0           0           0         8,076          3,768         3,768         3,595
 2003          8,076           0           0           0         8,076          2,725         6,493         2,355
 2004          8,076           0           0           0         8,076          1,775         8,268         1,390
 2005          8,076           0           0           0         8,076            909         9,177           647
 2006          5,384           0           0           0         5,384            162         9,339           106
 2007              0           0           0           0             0              0         9,339             0
 2008              0           0           0           0             0              0         9,339             0
 2009              0           0           0           0             0              0         9,339             0
 2010              0           0           0           0             0              0         9,339             0
 2011              0           0           0           0             0              0         9,339             0
 2012              0           0           0           0             0              0         9,339             0
 2013              0           0           0           0             0              0         9,339             0
 2014              0           0           0           0             0              0         9,339             0
 2015              0           0           0           0             0              0         9,339             0
 2016              0           0           0           0             0              0         9,339             0

 SUBTOT       37,688           0           0           0        37,688          9,339                       8,093
 REMAIN            0           0           0           0             0              0         9,339             0
 TOTAL        37,688           0           0           0        37,688          9,339                       8,093
</TABLE>

   LIFE OF EVALUATION IS 4.67 YEARS.
   FINAL PRODUCTION RATE: 0.4 MMCF/MO
<PAGE>

                                 TENGASCO, INC.                       TABLE 109
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE

<TABLE>
<CAPTION>
 REICHEL FIELD, RUSH COUNTY, KANSAS                                                    GAS LEASE
   TENGASCO, INC. - OPERATOR   24-T17S-R17W                                            PROVED
     HANHARDT #1-A BP   (TOPEKA)                                                       BEHIND PIPE

                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000                      0.820313                             2.13        5.00% -        58,173
 FINAL   -   1.000000                      0.820313                             2.13       10.00% -        52,300
 REMARKS -                                                                                 15.00% -        47,150
                                                                                           20.00% -        42,619
                                                                                           25.00% -        38,620
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF (A)   $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>        <C>              <C>         <C>         <C>         <C>      <C>
 2002     1             0           0          12               0           0           9.191       0.00     2.13
 2003     1             0           0          17               0           0          12.971       0.00     2.13
 2004     1             0           0          11               0           0           8.073       0.00     2.13
 2005     1             0           0           7               0           0           5.024       0.00     2.13
 2006     1             0           0           3               0           0           2.474       0.00     2.13
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0          50               0           0          37.733       0.00     2.13
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0          50               0           0          37.733       0.00     2.13

 CUMULATIVE             0           0           0    (A) NET GAS VOLUMES ACCOUNT FOR SURFACE LOSSES,
 ULTIMATE               0           0          50        SHRINKAGE FACTOR =   8.00 %
</TABLE>

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>      <C>               <C>      <C>              <C>       <C>        <C>
 2002                0           0        19,578            0        19,578           0         848        18,730
 2003                0           0        27,629            0        27,629           0       1,196        26,433
 2004                0           0        17,195            0        17,195           0         745        16,450
 2005                0           0        10,702            0        10,702           0         463        10,239
 2006                0           0         5,270            0         5,270           0         228         5,042
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0        80,374            0        80,374           0       3,480        76,894
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0        80,374            0        80,374           0       3,480        76,894
</TABLE>

<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>    <C>              <C>      <C>             <C>           <C>           <C>
 2002              0           0      12,000           0        12,000          6,730         6,730         6,031
 2003              0           0           0           0             0         26,433        33,163        22,863
 2004              0           0           0           0             0         16,450        49,613        12,880
 2005              0           0           0           0             0         10,239        59,852         7,257
 2006              0           0           0           0             0          5,042        64,894         3,269
 2007              0           0           0           0             0              0        64,894             0
 2008              0           0           0           0             0              0        64,894             0
 2009              0           0           0           0             0              0        64,894             0
 2010              0           0           0           0             0              0        64,894             0
 2011              0           0           0           0             0              0        64,894             0
 2012              0           0           0           0             0              0        64,894             0
 2013              0           0           0           0             0              0        64,894             0
 2014              0           0           0           0             0              0        64,894             0
 2015              0           0           0           0             0              0        64,894             0
 2016              0           0           0           0             0              0        64,894             0

 SUBTOT            0           0      12,000           0        12,000         64,894                      52,300
 REMAIN            0           0           0           0             0              0        64,894             0
 TOTAL             0           0      12,000           0        12,000         64,894                      52,300
</TABLE>

   LIFE OF EVALUATION IS 4.75 YEARS.
   FINAL PRODUCTION RATE: 0.3 MMCF/MO
<PAGE>

                                 TENGASCO, INC.                        TABLE 110
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE

<TABLE>
<CAPTION>
 REICHEL FIELD, RUSH COUNTY, KANSAS                                                    GAS LEASE
   TENGASCO, INC. - OPERATOR   29-T16S-R17W                                            PROVED
     HOFFMAN #3   (CHASE)                                                              PRODUCING

                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000                      0.820313                             2.13        5.00% -        44,166
 FINAL   -   1.000000                      0.820313                             2.13       10.00% -        31,882
 REMARKS -                                                                                 15.00% -        24,658
                                                                                           20.00% -        20,016
                                                                                           25.00% -        16,819
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF (A)   $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002     1             0           0           5               0           0           3.946       0.00     2.13
 2003     1             0           0           5               0           0           3.828       0.00     2.13
 2004     1             0           0           5               0           0           3.713       0.00     2.13
 2005     1             0           0           5               0           0           3.601       0.00     2.13
 2006     1             0           0           5               0           0           3.493       0.00     2.13
 2007     1             0           0           4               0           0           3.389       0.00     2.13
 2008     1             0           0           4               0           0           3.287       0.00     2.13
 2009     1             0           0           5               0           0           3.188       0.00     2.13
 2010     1             0           0           4               0           0           3.093       0.00     2.13
 2011     1             0           0           4               0           0           3.000       0.00     2.13
 2012     1             0           0           4               0           0           2.910       0.00     2.13
 2013     1             0           0           3               0           0           2.823       0.00     2.13
 2014     1             0           0           4               0           0           2.738       0.00     2.13
 2015     1             0           0           4               0           0           2.656       0.00     2.13
 2016     1             0           0           3               0           0           2.576       0.00     2.13

 SUB-TOTAL              0           0          64               0           0          48.241       0.00     2.13
 REMAINDER              0           0          44               0           0          33.159       0.00     2.13
 TOTAL                  0           0         108               0           0          81.400       0.00     2.13

 CUMULATIVE             0           0         171    (A) NET GAS VOLUMES ACCOUNT FOR SURFACE LOSSES,
 ULTIMATE               0           0         279        SHRINKAGE FACTOR =   8.00 %
</TABLE>

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>       <C>              <C>       <C>             <C>       <C>         <C>
 2002                0           0         8,405            0         8,405           0         364         8,041
 2003                0           0         8,153            0         8,153           0         353         7,800
 2004                0           0         7,909            0         7,909           0         342         7,567
 2005                0           0         7,671            0         7,671           0         333         7,338
 2006                0           0         7,441            0         7,441           0         322         7,119
 2007                0           0         7,218            0         7,218           0         312         6,906
 2008                0           0         7,001            0         7,001           0         303         6,698
 2009                0           0         6,791            0         6,791           0         295         6,496
 2010                0           0         6,588            0         6,588           0         285         6,303
 2011                0           0         6,389            0         6,389           0         276         6,113
 2012                0           0         6,199            0         6,199           0         269         5,930
 2013                0           0         6,012            0         6,012           0         260         5,752
 2014                0           0         5,832            0         5,832           0         253         5,579
 2015                0           0         5,657            0         5,657           0         245         5,412
 2016                0           0         5,487            0         5,487           0         237         5,250

 SUB-TOT             0           0       102,753            0       102,753           0       4,449        98,304
 REMAIN              0           0        70,629            0        70,629           0       3,058        67,571
 TOTAL               0           0       173,382            0       173,382           0       7,507       165,875
</TABLE>

<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>         <C>         <C>       <C>            <C>           <C>           <C>
 2002          3,108           0           0           0         3,108          4,933         4,933         4,697
 2003          3,108           0           0           0         3,108          4,692         9,625         4,045
 2004          3,108           0           0           0         3,108          4,459        14,084         3,479
 2005          3,108           0           0           0         3,108          4,230        18,314         2,987
 2006          3,108           0           0           0         3,108          4,011        22,325         2,565
 2007          3,108           0           0           0         3,108          3,798        26,123         2,198
 2008          3,108           0           0           0         3,108          3,590        29,713         1,881
 2009          3,108           0           0           0         3,108          3,388        33,101         1,607
 2010          3,108           0           0           0         3,108          3,195        36,296         1,371
 2011          3,108           0           0           0         3,108          3,005        39,301         1,168
 2012          3,108           0           0           0         3,108          2,822        42,123           993
 2013          3,108           0           0           0         3,108          2,644        44,767           842
 2014          3,108           0           0           0         3,108          2,471        47,238           712
 2015          3,108           0           0           0         3,108          2,304        49,542           601
 2016          3,108           0           0           0         3,108          2,142        51,684           506

 SUBTOT       46,620           0           0           0        46,620         51,684                      29,652
 REMAIN       51,800           0           0           0        51,800         15,771        67,455         2,230
 TOTAL        98,420           0           0           0        98,420         67,455                      31,882
</TABLE>

   LIFE OF EVALUATION IS 31.67 YEARS.
   FINAL PRODUCTION RATE: 0.2 MMCF/MO
<PAGE>

                                 TENGASCO, INC.                        TABLE 111
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE

<TABLE>
<CAPTION>
 REICHEL FIELD, RUSH COUNTY, KANSAS                                                    GAS LEASE
   TENGASCO, INC. - OPERATOR   8-T16S-R17W                                             PROVED
     HOLZMEISTER #1   (SHAWNEE)                                                        PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000                                                                       5.00% -             0
 FINAL   -   1.000000                                                                      10.00% -             0
 REMARKS -                                                                                 15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF (A)   $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE             0           0          87    (A) NET GAS VOLUMES ACCOUNT FOR SURFACE LOSSES,
 ULTIMATE               0           0          87        SHRINKAGE FACTOR =   8.00 %
</TABLE>

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>

<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0
 2016              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0
</TABLE>

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0.0 MMCF/MO
<PAGE>
                                 TENGASCO, INC.                        TABLE 112
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE

<TABLE>
<CAPTION>
 REICHEL FIELD, RUSH COUNTY, KANSAS                                                    GAS LEASE
   TENGASCO, INC. - OPERATOR   27-T16S-R17W                                            PROVED
     HOLZMEISTER -A- #1                                                                PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000                                                                       5.00% -             0
 FINAL   -   1.000000                                                                      10.00% -             0
 REMARKS -                                                                                 15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE             0           0          21
 ULTIMATE               0           0          21
</TABLE>

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>

<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0
 2016              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0
</TABLE>

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0.0 MMCF/MO
<PAGE>

                                 TENGASCO, INC.                       TABLE 113
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
REICHEL FIELD, RUSH COUNTY, KANSAS GAS LEASE
   TENGASCO, INC. - OPERATOR   7-T16S-R17W                                             PROVED
     HOLZMEISTER -B- #1   (KC-LANSING)                                                 PRODUCING

                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000                                                                       5.00% -             0
 FINAL   -   1.000000                                                                      10.00% -             0
 REMARKS -                                                                                 15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF (A)   $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE             0           0          23    (A) NET GAS VOLUMES ACCOUNT FOR SURFACE LOSSES,
 ULTIMATE               0           0          23        SHRINKAGE FACTOR =   8.00 %
</TABLE>

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>

<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0
 2016              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0
</TABLE>

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0.0 MMCF/MO
<PAGE>

                                 TENGASCO, INC.                        TABLE 114
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE

<TABLE>
<CAPTION>
 REICHEL FIELD, RUSH COUNTY, KANSAS                                                    GAS LEASE
   TENGASCO, INC. - OPERATOR   10-T17S-R17W                                            PROVED
     HONDERICK -C- #1   (LANSING)                                                      PRODUCING

                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000                      0.875000                             2.13        5.00% -         6,584
 FINAL   -   1.000000                      0.875000                             2.13       10.00% -         5,437
 REMARKS -                                                                                 15.00% -         4,590
                                                                                           20.00% -         3,949
                                                                                           25.00% -         3,453
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF (A)   $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002     1             0           0           2               0           0           1.672       0.00     2.13
 2003     1             0           0           2               0           0           1.622       0.00     2.13
 2004     1             0           0           2               0           0           1.573       0.00     2.13
 2005     1             0           0           2               0           0           1.526       0.00     2.13
 2006     1             0           0           2               0           0           1.480       0.00     2.13
 2007     1             0           0           2               0           0           1.436       0.00     2.13
 2008     1             0           0           1               0           0           1.392       0.00     2.13
 2009     1             0           0           2               0           0           1.351       0.00     2.13
 2010     1             0           0           2               0           0           1.310       0.00     2.13
 2011     1             0           0           1               0           0           1.271       0.00     2.13
 2012     1             0           0           2               0           0           1.233       0.00     2.13
 2013     1             0           0           1               0           0           1.196       0.00     2.13
 2014     1             0           0           2               0           0           1.160       0.00     2.13
 2015     1             0           0           1               0           0           1.125       0.00     2.13
 2016     1             0           0           1               0           0           0.459       0.00     2.13

 SUB-TOTAL              0           0          25               0           0          19.806       0.00     2.13
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0          25               0           0          19.806       0.00     2.13

 CUMULATIVE             0           0          93    (A) NET GAS VOLUMES ACCOUNT FOR SURFACE LOSSES,
 ULTIMATE               0           0         118        SHRINKAGE FACTOR =   8.00 %
</TABLE>

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>       <C>              <C>       <C>             <C>       <C>         <C>
 2002                0           0         3,561            0         3,561           0         154         3,407
 2003                0           0         3,454            0         3,454           0         150         3,304
 2004                0           0         3,350            0         3,350           0         145         3,205
 2005                0           0         3,249            0         3,249           0         141         3,108
 2006                0           0         3,153            0         3,153           0         136         3,017
 2007                0           0         3,057            0         3,057           0         132         2,925
 2008                0           0         2,966            0         2,966           0         129         2,837
 2009                0           0         2,877            0         2,877           0         124         2,753
 2010                0           0         2,791            0         2,791           0         121         2,670
 2011                0           0         2,707            0         2,707           0         117         2,590
 2012                0           0         2,626            0         2,626           0         114         2,512
 2013                0           0         2,546            0         2,546           0         110         2,436
 2014                0           0         2,471            0         2,471           0         107         2,364
 2015                0           0         2,396            0         2,396           0         104         2,292
 2016                0           0           978            0           978           0          42           936

 SUB-TOT             0           0        42,182            0        42,182           0       1,826        40,356
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0        42,182            0        42,182           0       1,826        40,356
</TABLE>

<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>         <C>         <C>       <C>            <C>           <C>           <C>
 2002          2,232           0           0           0         2,232          1,175         1,175         1,119
 2003          2,232           0           0           0         2,232          1,072         2,247           925
 2004          2,232           0           0           0         2,232            973         3,220           759
 2005          2,232           0           0           0         2,232            876         4,096           619
 2006          2,232           0           0           0         2,232            785         4,881           502
 2007          2,232           0           0           0         2,232            693         5,574           402
 2008          2,232           0           0           0         2,232            605         6,179           317
 2009          2,232           0           0           0         2,232            521         6,700           247
 2010          2,232           0           0           0         2,232            438         7,138           188
 2011          2,232           0           0           0         2,232            358         7,496           140
 2012          2,232           0           0           0         2,232            280         7,776            98
 2013          2,232           0           0           0         2,232            204         7,980            65
 2014          2,232           0           0           0         2,232            132         8,112            39
 2015          2,232           0           0           0         2,232             60         8,172            15
 2016            930           0           0           0           930              6         8,178             2

 SUBTOT       32,178           0           0           0        32,178          8,178                       5,437
 REMAIN            0           0           0           0             0              0         8,178             0
 TOTAL        32,178           0           0           0        32,178          8,178                       5,437
</TABLE>

   LIFE OF EVALUATION IS 14.42 YEARS.
   FINAL PRODUCTION RATE: 0.1 MMCF/MO
<PAGE>

                                 TENGASCO, INC.                       TABLE 115
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE

<TABLE>
<CAPTION>
 REICHEL FIELD, RUSH COUNTY, KANSAS GAS LEASE
   TENGASCO, INC. - OPERATOR   19-T16S-R17W                                            PROVED
     HOOFER #1   (KSSC-LNSG)                                                           PRODUCING

                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000                                                                       5.00% -             0
 FINAL   -   1.000000                                                                      10.00% -             0
 REMARKS -                                                                                 15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE             0           0         357
 ULTIMATE               0           0         357
</TABLE>

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>

<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0
 2016              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0
</TABLE>

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0.0 MMCF/MO
<PAGE>

                                 TENGASCO, INC.                        TABLE 116
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 REICHEL FIELD, RUSH COUNTY, KANSAS                                                    GAS LEASE
   TENGASCO, INC. - OPERATOR   7-T17S-R16W                                             PROVED
     JANSON #2-A   (SHAWNEE)                                                           PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000                                                                       5.00% -             0
 FINAL   -   1.000000                                                                      10.00% -             0
 REMARKS -                                                                                 15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE             0           0          29
 ULTIMATE               0           0          29
</TABLE>

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>

<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0
 2016              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0
</TABLE>

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0.0 MMCF/MO
<PAGE>

                                 TENGASCO, INC.                        TABLE 117
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE

<TABLE>
<CAPTION>
 REICHEL FIELD, RUSH COUNTY, KANSAS                                                    OIL LEASE
   TENGASCO, INC. - OPERATOR   28-T16S-R16W                                            PROVED
     KAISER -A- #1   (KSSC-LNSG)                                                       PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>                                                                            <C>                 <C>
 INITIAL -   1.000000                                                                       5.00% -             0
 FINAL   -   1.000000                                                                      10.00% -             0
 REMARKS -                                                                                 15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>      <C>         <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE        13,954           0           0
 ULTIMATE          13,954           0           0
</TABLE>

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>

<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0
 2016              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0
</TABLE>

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0 BBLS/MO
<PAGE>

                               TENGASCO, INC.                          TABLE 118
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE

<TABLE>
<CAPTION>
 REICHEL FIELD, RUSH COUNTY, KANSAS                                                    GAS LEASE
   TENGASCO, INC. - OPERATOR   2-T17S-R17W                                             PROVED
     KAISER #2   (TOPEKA)                                                              PRODUCING

                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000                      0.875000                             2.13        5.00% -           447
 FINAL   -   1.000000                      0.875000                             2.13       10.00% -           436
 REMARKS -                                                                                 15.00% -           425
                                                                                           20.00% -           415
                                                                                           25.00% -           405
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF (A)   $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002     1             0           0           4               0           0           3.013       0.00     2.13
 2003     1             0           0           2               0           0           1.434       0.00     2.13
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           6               0           0           4.447       0.00     2.13
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           6               0           0           4.447       0.00     2.13

 CUMULATIVE             0           0          86    (A) NET GAS VOLUMES ACCOUNT FOR SURFACE LOSSES,
 ULTIMATE               0           0          92        SHRINKAGE FACTOR =   8.00 %
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>       <C>              <C>       <C>             <C>       <C>         <C>
 2002                0           0         6,417            0         6,417           0         278         6,139
 2003                0           0         3,055            0         3,055           0         132         2,923
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0         9,472            0         9,472           0         410         9,062
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0         9,472            0         9,472           0         410         9,062
</TABLE>

<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>         <C>         <C>       <C>              <C>           <C>           <C>
 2002          5,736           0           0           0         5,736            403           403           387
 2003          2,868           0           0           0         2,868             55           458            49
 2004              0           0           0           0             0              0           458             0
 2005              0           0           0           0             0              0           458             0
 2006              0           0           0           0             0              0           458             0
 2007              0           0           0           0             0              0           458             0
 2008              0           0           0           0             0              0           458             0
 2009              0           0           0           0             0              0           458             0
 2010              0           0           0           0             0              0           458             0
 2011              0           0           0           0             0              0           458             0
 2012              0           0           0           0             0              0           458             0
 2013              0           0           0           0             0              0           458             0
 2014              0           0           0           0             0              0           458             0
 2015              0           0           0           0             0              0           458             0
 2016              0           0           0           0             0              0           458             0

 SUBTOT        8,604           0           0           0         8,604            458                         436
 REMAIN            0           0           0           0             0              0           458             0
 TOTAL         8,604           0           0           0         8,604            458                         436
</TABLE>

   LIFE OF EVALUATION IS 1.50 YEARS.
   FINAL PRODUCTION RATE: 0.3 MMCF/MO
<PAGE>

                                 TENGASCO, INC.                        TABLE 119
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE

<TABLE>
<CAPTION>
 REICHEL FIELD, RUSH COUNTY, KANSAS                                                    GAS LEASE
   TENGASCO, INC. - OPERATOR   25-T17S-R17W                                            PROVED
     KLEWENO #1-21   (TOPEKA)                                                          PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000                                                                       5.00% -             0
 FINAL   -   1.000000                                                                      10.00% -             0
 REMARKS -                                                                                 15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF (A)   $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE             0           0         412    (A) NET GAS VOLUMES ACCOUNT FOR SURFACE LOSSES,
 ULTIMATE               0           0         412        SHRINKAGE FACTOR =   8.00 %
</TABLE>



<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0
 2016              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0
</TABLE>

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0.0 MMCF/MO

<PAGE>


                                 TENGASCO, INC.                     TABLE    120
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 REICHEL FIELD, RUSH COUNTY, KANSAS                                                    GAS LEASE
   TENGASCO, INC. - OPERATOR   23-T17S-R17W                                            PROVED
     KLEWENO -A- #1   (TOPEKA)                                                         PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000                      0.875000                             2.13        5.00% -        13,909
 FINAL   -   1.000000                      0.875000                             2.13       10.00% -        11,079
 REMARKS -                                                                                 15.00% -         9,117
                                                                                           20.00% -         7,703
                                                                                           25.00% -         6,649
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF (A)   $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002     1             0           0           2               0           0           1.926       0.00     2.13
 2003     1             0           0           3               0           0           1.843       0.00     2.13
 2004     1             0           0           2               0           0           1.764       0.00     2.13
 2005     1             0           0           2               0           0           1.688       0.00     2.13
 2006     1             0           0           2               0           0           1.616       0.00     2.13
 2007     1             0           0           2               0           0           1.546       0.00     2.13
 2008     1             0           0           2               0           0           1.480       0.00     2.13
 2009     1             0           0           1               0           0           1.416       0.00     2.13
 2010     1             0           0           2               0           0           1.355       0.00     2.13
 2011     1             0           0           2               0           0           1.297       0.00     2.13
 2012     1             0           0           1               0           0           1.241       0.00     2.13
 2013     1             0           0           2               0           0           1.188       0.00     2.13
 2014     1             0           0           1               0           0           1.137       0.00     2.13
 2015     1             0           0           2               0           0           1.088       0.00     2.13
 2016     1             0           0           1               0           0           1.041       0.00     2.13

 SUB-TOTAL              0           0          27               0           0          21.626       0.00     2.13
 REMAINDER              0           0           4               0           0           3.448       0.00     2.13
 TOTAL                  0           0          31               0           0          25.074       0.00     2.13

 CUMULATIVE             0           0          34    (A) NET GAS VOLUMES ACCOUNT FOR SURFACE LOSSES,
 ULTIMATE               0           0          65        SHRINKAGE FACTOR =   8.00 %
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>       <C>              <C>       <C>             <C>       <C>         <C>
 2002                0           0         4,103            0         4,103           0         178         3,925
 2003                0           0         3,926            0         3,926           0         170         3,756
 2004                0           0         3,757            0         3,757           0         162         3,595
 2005                0           0         3,596            0         3,596           0         156         3,440
 2006                0           0         3,441            0         3,441           0         149         3,292
 2007                0           0         3,293            0         3,293           0         143         3,150
 2008                0           0         3,151            0         3,151           0         136         3,015
 2009                0           0         3,017            0         3,017           0         131         2,886
 2010                0           0         2,886            0         2,886           0         125         2,761
 2011                0           0         2,762            0         2,762           0         119         2,643
 2012                0           0         2,644            0         2,644           0         115         2,529
 2013                0           0         2,529            0         2,529           0         109         2,420
 2014                0           0         2,421            0         2,421           0         105         2,316
 2015                0           0         2,317            0         2,317           0         100         2,217
 2016                0           0         2,217            0         2,217           0          96         2,121

 SUB-TOT             0           0        46,060            0        46,060           0       1,994        44,066
 REMAIN              0           0         7,345            0         7,345           0         318         7,027
 TOTAL               0           0        53,405            0        53,405           0       2,312        51,093
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>         <C>         <C>       <C>            <C>           <C>           <C>
 2002          1,764           0           0           0         1,764          2,161         2,161         2,058
 2003          1,764           0           0           0         1,764          1,992         4,153         1,718
 2004          1,764           0           0           0         1,764          1,831         5,984         1,429
 2005          1,764           0           0           0         1,764          1,676         7,660         1,184
 2006          1,764           0           0           0         1,764          1,528         9,188           977
 2007          1,764           0           0           0         1,764          1,386        10,574           803
 2008          1,764           0           0           0         1,764          1,251        11,825           655
 2009          1,764           0           0           0         1,764          1,122        12,947           533
 2010          1,764           0           0           0         1,764            997        13,944           428
 2011          1,764           0           0           0         1,764            879        14,823           342
 2012          1,764           0           0           0         1,764            765        15,588           269
 2013          1,764           0           0           0         1,764            656        16,244           209
 2014          1,764           0           0           0         1,764            552        16,796           159
 2015          1,764           0           0           0         1,764            453        17,249           119
 2016          1,764           0           0           0         1,764            357        17,606            84

 SUBTOT       26,460           0           0           0        26,460         17,606                      10,967
 REMAIN        6,468           0           0           0         6,468            559        18,165           112
 TOTAL        32,928           0           0           0        32,928         18,165                      11,079
</TABLE>

   LIFE OF EVALUATION IS 18.67 YEARS.
   FINAL PRODUCTION RATE: 0.1 MMCF/MO



<PAGE>


                                 TENGASCO, INC.                     TABLE    121
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE

<TABLE>
<CAPTION>
 REICHEL FIELD, RUSH COUNTY, KANSAS                                                    GAS LEASE
   TENGASCO, INC. - OPERATOR   6-T18S-R16W                                             PROVED
     KOBER #1   (KSSC-LNSG)                                                            PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000                      0.875000                             2.13        5.00% -        13,375
 FINAL   -   1.000000                      0.875000                             2.13       10.00% -        11,793
 REMARKS -                                                                                 15.00% -        10,498
                                                                                           20.00% -         9,426
                                                                                           25.00% -         8,531
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF (A)   $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002     1             0           0           5               0           0           4.237       0.00     2.13
 2003     1             0           0           5               0           0           3.983       0.00     2.13
 2004     1             0           0           5               0           0           3.744       0.00     2.13
 2005     1             0           0           4               0           0           3.519       0.00     2.13
 2006     1             0           0           4               0           0           3.308       0.00     2.13
 2007     1             0           0           4               0           0           3.109       0.00     2.13
 2008     1             0           0           4               0           0           2.923       0.00     2.13
 2009     1             0           0           3               0           0           2.747       0.00     2.13
 2010     1             0           0           3               0           0           2.373       0.00     2.13
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0          37               0           0          29.943       0.00     2.13
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0          37               0           0          29.943       0.00     2.13

 CUMULATIVE             0           0         111    (A) NET GAS VOLUMES ACCOUNT FOR SURFACE LOSSES,
 ULTIMATE               0           0         148        SHRINKAGE FACTOR =   8.00 %
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>       <C>              <C>       <C>             <C>       <C>         <C>
 2002                0           0         9,024            0         9,024           0         391         8,633
 2003                0           0         8,483            0         8,483           0         367         8,116
 2004                0           0         7,974            0         7,974           0         345         7,629
 2005                0           0         7,496            0         7,496           0         325         7,171
 2006                0           0         7,045            0         7,045           0         305         6,740
 2007                0           0         6,623            0         6,623           0         287         6,336
 2008                0           0         6,226            0         6,226           0         269         5,957
 2009                0           0         5,852            0         5,852           0         254         5,598
 2010                0           0         5,056            0         5,056           0         219         4,837
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0        63,779            0        63,779           0       2,762        61,017
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0        63,779            0        63,779           0       2,762        61,017
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>         <C>         <C>       <C>            <C>           <C>           <C>
 2002          5,124           0           0           0         5,124          3,509         3,509         3,344
 2003          5,124           0           0           0         5,124          2,992         6,501         2,582
 2004          5,124           0           0           0         5,124          2,505         9,006         1,956
 2005          5,124           0           0           0         5,124          2,047        11,053         1,448
 2006          5,124           0           0           0         5,124          1,616        12,669         1,035
 2007          5,124           0           0           0         5,124          1,212        13,881           703
 2008          5,124           0           0           0         5,124            833        14,714           438
 2009          5,124           0           0           0         5,124            474        15,188           226
 2010          4,697           0           0           0         4,697            140        15,328            61
 2011              0           0           0           0             0              0        15,328             0
 2012              0           0           0           0             0              0        15,328             0
 2013              0           0           0           0             0              0        15,328             0
 2014              0           0           0           0             0              0        15,328             0
 2015              0           0           0           0             0              0        15,328             0
 2016              0           0           0           0             0              0        15,328             0

 SUBTOT       45,689           0           0           0        45,689         15,328                      11,793
 REMAIN            0           0           0           0             0              0        15,328             0
 TOTAL        45,689           0           0           0        45,689         15,328                      11,793
</TABLE>
   LIFE OF EVALUATION IS 8.92 YEARS.
   FINAL PRODUCTION RATE: 0.3 MMCF/MO



<PAGE>



                                 TENGASCO, INC.                     TABLE    122
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE

<TABLE>
<CAPTION>
 REICHEL FIELD, RUSH COUNTY, KANSAS                                                    GAS LEASE
   TENGASCO, INC. - OPERATOR   21-T17S-R17W                                            PROVED
     LEBSACK -A- #1   (KSSC-LNSG)                                                      PRODUCING

                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000                      0.783854                             2.13        5.00% -        12,010
 FINAL   -   1.000000                      0.783854                             2.13       10.00% -         9,777
 REMARKS -                                                                                 15.00% -         8,168
                                                                                           20.00% -         6,976
                                                                                           25.00% -         6,067
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF (A)   $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002     1             0           0           3               0           0           2.195       0.00     2.13
 2003     1             0           0           3               0           0           2.112       0.00     2.13
 2004     1             0           0           3               0           0           2.031       0.00     2.13
 2005     1             0           0           2               0           0           1.954       0.00     2.13
 2006     1             0           0           3               0           0           1.880       0.00     2.13
 2007     1             0           0           3               0           0           1.809       0.00     2.13
 2008     1             0           0           2               0           0           1.740       0.00     2.13
 2009     1             0           0           2               0           0           1.674       0.00     2.13
 2010     1             0           0           3               0           0           1.610       0.00     2.13
 2011     1             0           0           2               0           0           1.549       0.00     2.13
 2012     1             0           0           2               0           0           1.490       0.00     2.13
 2013     1             0           0           2               0           0           1.433       0.00     2.13
 2014     1             0           0           2               0           0           1.379       0.00     2.13
 2015     1             0           0           2               0           0           1.327       0.00     2.13
 2016     1             0           0           1               0           0           1.276       0.00     2.13

 SUB-TOTAL              0           0          35               0           0          25.459       0.00     2.13
 REMAINDER              0           0           2               0           0           1.328       0.00     2.13
 TOTAL                  0           0          37               0           0          26.787       0.00     2.13

 CUMULATIVE             0           0         124    (A) NET GAS VOLUMES ACCOUNT FOR SURFACE LOSSES,
 ULTIMATE               0           0         161        SHRINKAGE FACTOR =   8.00 %
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>       <C>              <C>       <C>             <C>       <C>         <C>
 2002                0           0         4,675            0         4,675           0         202         4,473
 2003                0           0         4,498            0         4,498           0         195         4,303
 2004                0           0         4,327            0         4,327           0         188         4,139
 2005                0           0         4,163            0         4,163           0         180         3,983
 2006                0           0         4,004            0         4,004           0         173         3,831
 2007                0           0         3,852            0         3,852           0         167         3,685
 2008                0           0         3,706            0         3,706           0         160         3,546
 2009                0           0         3,565            0         3,565           0         155         3,410
 2010                0           0         3,429            0         3,429           0         148         3,281
 2011                0           0         3,299            0         3,299           0         143         3,156
 2012                0           0         3,174            0         3,174           0         138         3,036
 2013                0           0         3,053            0         3,053           0         132         2,921
 2014                0           0         2,938            0         2,938           0         127         2,811
 2015                0           0         2,825            0         2,825           0         122         2,703
 2016                0           0         2,718            0         2,718           0         118         2,600

 SUB-TOT             0           0        54,226            0        54,226           0       2,348        51,878
 REMAIN              0           0         2,829            0         2,829           0         122         2,707
 TOTAL               0           0        57,055            0        57,055           0       2,470        54,585
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>         <C>         <C>       <C>            <C>           <C>           <C>
 2002          2,448           0           0           0         2,448          2,025         2,025         1,929
 2003          2,448           0           0           0         2,448          1,855         3,880         1,599
 2004          2,448           0           0           0         2,448          1,691         5,571         1,320
 2005          2,448           0           0           0         2,448          1,535         7,106         1,085
 2006          2,448           0           0           0         2,448          1,383         8,489           884
 2007          2,448           0           0           0         2,448          1,237         9,726           717
 2008          2,448           0           0           0         2,448          1,098        10,824           575
 2009          2,448           0           0           0         2,448            962        11,786           457
 2010          2,448           0           0           0         2,448            833        12,619           358
 2011          2,448           0           0           0         2,448            708        13,327           275
 2012          2,448           0           0           0         2,448            588        13,915           207
 2013          2,448           0           0           0         2,448            473        14,388           151
 2014          2,448           0           0           0         2,448            363        14,751           105
 2015          2,448           0           0           0         2,448            255        15,006            67
 2016          2,448           0           0           0         2,448            152        15,158            36

 SUBTOT       36,720           0           0           0        36,720         15,158                       9,765
 REMAIN        2,652           0           0           0         2,652             55        15,213            12
 TOTAL        39,372           0           0           0        39,372         15,213                       9,777

   LIFE OF EVALUATION IS 16.08 YEARS.
   FINAL PRODUCTION RATE: 0.1 MMCF/MO
</TABLE>



<PAGE>


                                 TENGASCO, INC.                        TABLE 123
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 REICHEL FIELD, RUSH COUNTY, KANSAS                                                    GAS LEASE
   TENGASCO, INC. - OPERATOR   19-T16S-R17W                                            PROVED
     LIPPERT #2   (KSSC-LNSG)                                                          PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000                                                                       5.00% -             0
 FINAL   -   1.000000                                                                      10.00% -             0
 REMARKS -                                                                                 15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE             0           0       2,213
 ULTIMATE               0           0       2,213
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0
 2016              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0.0 MMCF/MO
</TABLE>



<PAGE>


                                 TENGASCO, INC.                        TABLE 124
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>

 REICHEL FIELD, RUSH COUNTY, KANSAS                                                    GAS LEASE
   TENGASCO, INC. - OPERATOR   19-T16S-R17W                                            PROVED
     LIPPERT #3   (COTTONWOOD)                                                         PRODUCING

                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000                      0.875000                             2.13        5.00% -         6,108
 FINAL   -   1.000000                      0.875000                             2.13       10.00% -         5,598
 REMARKS -                                                                                 15.00% -         5,154
                                                                                           20.00% -         4,765
                                                                                           25.00% -         4,423
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF (A)   $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002     1             0           0           7               0           0           5.671       0.00     2.13
 2003     1             0           0           7               0           0           5.450       0.00     2.13
 2004     1             0           0           6               0           0           5.237       0.00     2.13
 2005     1             0           0           7               0           0           5.033       0.00     2.13
 2006     1             0           0           6               0           0           4.837       0.00     2.13
 2007     1             0           0           4               0           0           3.503       0.00     2.13
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0          37               0           0          29.731       0.00     2.13
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0          37               0           0          29.731       0.00     2.13

 CUMULATIVE             0           0         175    (A) NET GAS VOLUMES ACCOUNT FOR SURFACE LOSSES,
 ULTIMATE               0           0         212        SHRINKAGE FACTOR =   8.00 %
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>      <C>               <C>      <C>              <C>       <C>        <C>
 2002                0           0        12,079            0        12,079           0         523        11,556
 2003                0           0        11,608            0        11,608           0         503        11,105
 2004                0           0        11,155            0        11,155           0         483        10,672
 2005                0           0        10,720            0        10,720           0         464        10,256
 2006                0           0        10,302            0        10,302           0         446         9,856
 2007                0           0         7,462            0         7,462           0         323         7,139
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0        63,326            0        63,326           0       2,742        60,584
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0        63,326            0        63,326           0       2,742        60,584
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>         <C>         <C>       <C>            <C>           <C>           <C>
 2002          9,372           0           0           0         9,372          2,184         2,184         2,082
 2003          9,372           0           0           0         9,372          1,733         3,917         1,497
 2004          9,372           0           0           0         9,372          1,300         5,217         1,016
 2005          9,372           0           0           0         9,372            884         6,101           627
 2006          9,372           0           0           0         9,372            484         6,585           311
 2007          7,029           0           0           0         7,029            110         6,695            65
 2008              0           0           0           0             0              0         6,695             0
 2009              0           0           0           0             0              0         6,695             0
 2010              0           0           0           0             0              0         6,695             0
 2011              0           0           0           0             0              0         6,695             0
 2012              0           0           0           0             0              0         6,695             0
 2013              0           0           0           0             0              0         6,695             0
 2014              0           0           0           0             0              0         6,695             0
 2015              0           0           0           0             0              0         6,695             0
 2016              0           0           0           0             0              0         6,695             0

 SUBTOT       53,889           0           0           0        53,889          6,695                       5,598
 REMAIN            0           0           0           0             0              0         6,695             0
 TOTAL        53,889           0           0           0        53,889          6,695                       5,598

   LIFE OF EVALUATION IS 5.75 YEARS.
   FINAL PRODUCTION RATE: 0.5 MMCF/MO
</TABLE>



<PAGE>


                                 TENGASCO, INC.                        TABLE 125
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE

<TABLE>
<CAPTION>
 REICHEL FIELD, RUSH COUNTY, KANSAS                                                    GAS LEASE
   TENGASCO, INC. - OPERATOR   19-T16S-R17W                                            PROVED
     LIPPERT #3 BP   (WINFIELD)                                                        BEHIND PIPE


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000                      0.875000                             2.13        5.00% -        85,971
 FINAL   -   1.000000                      0.875000                             2.13       10.00% -        73,266
 REMARKS - OPERATING COSTS ARE CARRIED BY PRODUCING RESERVES.                              15.00% -        62,877
                                                                                           20.00% -        54,317
                                                                                           25.00% -        47,212
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF (A)   $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0          20               0           0          16.097       0.00     2.13
 2004                   0           0          12               0           0          10.050       0.00     2.13
 2005                   0           0          11               0           0           8.216       0.00     2.13
 2006                   0           0           8               0           0           7.044       0.00     2.13
 2007                   0           0           8               0           0           6.040       0.00     2.13
 2008                   0           0           6               0           0           4.878       0.00     2.13
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0          65               0           0          52.325       0.00     2.13
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0          65               0           0          52.325       0.00     2.13

 CUMULATIVE             0           0           0    (A) NET GAS VOLUMES ACCOUNT FOR SURFACE LOSSES,
 ULTIMATE               0           0          65        SHRINKAGE FACTOR =   8.00 %
</TABLE>

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>      <C>               <C>      <C>             <C>      <C>          <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0        34,286            0        34,286           0       1,485        32,801
 2004                0           0        21,406            0        21,406           0         926        20,480
 2005                0           0        17,501            0        17,501           0         758        16,743
 2006                0           0        15,005            0        15,005           0         650        14,355
 2007                0           0        12,864            0        12,864           0         557        12,307
 2008                0           0        10,390            0        10,390           0         450         9,940
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0       111,452            0       111,452           0       4,826       106,626
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0       111,452            0       111,452           0       4,826       106,626
</TABLE>

<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0       5,000           0         5,000         27,801        27,801        23,872
 2004              0           0           0           0             0         20,480        48,281        16,018
 2005              0           0           0           0             0         16,743        65,024        11,835
 2006              0           0           0           0             0         14,355        79,379         9,186
 2007              0           0           0           0             0         12,307        91,686         7,129
 2008              0           0           0           0             0          9,940       101,626         5,226
 2009              0           0           0           0             0              0       101,626             0
 2010              0           0           0           0             0              0       101,626             0
 2011              0           0           0           0             0              0       101,626             0
 2012              0           0           0           0             0              0       101,626             0
 2013              0           0           0           0             0              0       101,626             0
 2014              0           0           0           0             0              0       101,626             0
 2015              0           0           0           0             0              0       101,626             0
 2016              0           0           0           0             0              0       101,626             0

 SUBTOT            0           0       5,000           0         5,000        101,626                      73,266
 REMAIN            0           0           0           0             0              0       101,626             0
 TOTAL             0           0       5,000           0         5,000        101,626                      73,266

   LIFE OF EVALUATION IS 6.94 YEARS.
   FINAL PRODUCTION RATE: 0.5 MMCF/MO
</TABLE>



<PAGE>



                                 TENGASCO, INC.                        TABLE 126
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE

<TABLE>
<CAPTION>
 REICHEL FIELD, RUSH COUNTY, KANSAS                                                    GAS LEASE
   TENGASCO, INC. - OPERATOR   29-T16S-R17W                                            PROVED
     LIPPERT -B- #1   (PENNSYLVANIAN)                                                  PRODUCING

                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000                                                                       5.00% -             0
 FINAL   -   1.000000                                                                      10.00% -             0
 REMARKS -                                                                                 15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE             0           0           0
 ULTIMATE               0           0           0
</TABLE>

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>

<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0
 2016              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0.0 MMCF/MO
</TABLE>



<PAGE>


                                 TENGASCO, INC.                        TABLE 127
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE

<TABLE>
<CAPTION>
 REICHEL FIELD, RUSH COUNTY, KANSAS                                                    GAS LEASE
   TENGASCO, INC. - OPERATOR   29-T16S-R17W                                            PROVED
     LIPPERT -B- #2                                                                    PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000                                                                       5.00% -             0
 FINAL   -   1.000000                                                                      10.00% -             0
 REMARKS -                                                                                 15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF (A)   $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE             0           0          13    (A) NET GAS VOLUMES ACCOUNT FOR SURFACE LOSSES,
 ULTIMATE               0           0          13        SHRINKAGE FACTOR =   8.00 %
</TABLE>

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>

<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0
 2016              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0.0 MMCF/MO
</TABLE>


<PAGE>


                                 TENGASCO, INC.                        TABLE 128
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 REICHEL FIELD, RUSH COUNTY, KANSAS                                                    GAS LEASE
   TENGASCO, INC. - OPERATOR   32-T16S-R17W                                            PROVED
     LIPPERT -C- #1   (TOPEKA)                                                         PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000                      0.765625                             2.13        5.00% -        13,613
 FINAL   -   1.000000                      0.765625                             2.13       10.00% -        11,165
 REMARKS -                                                                                 15.00% -         9,388
                                                                                           20.00% -         8,060
                                                                                           25.00% -         7,041
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF (A)   $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002     1             0           0           3               0           0           1.925       0.00     2.13
 2003     1             0           0           2               0           0           1.810       0.00     2.13
 2004     1             0           0           3               0           0           1.701       0.00     2.13
 2005     1             0           0           2               0           0           1.599       0.00     2.13
 2006     1             0           0           2               0           0           1.503       0.00     2.13
 2007     1             0           0           2               0           0           1.413       0.00     2.13
 2008     1             0           0           2               0           0           1.328       0.00     2.13
 2009     1             0           0           2               0           0           1.249       0.00     2.13
 2010     1             0           0           1               0           0           1.174       0.00     2.13
 2011     1             0           0           2               0           0           1.103       0.00     2.13
 2012     1             0           0           1               0           0           1.037       0.00     2.13
 2013     1             0           0           2               0           0           0.975       0.00     2.13
 2014     1             0           0           1               0           0           0.916       0.00     2.13
 2015     1             0           0           1               0           0           0.861       0.00     2.13
 2016     1             0           0           2               0           0           0.810       0.00     2.13

 SUB-TOTAL              0           0          28               0           0          19.404       0.00     2.13
 REMAINDER              0           0           1               0           0           0.761       0.00     2.13
 TOTAL                  0           0          29               0           0          20.165       0.00     2.13

 CUMULATIVE             0           0         198    (A) NET GAS VOLUMES ACCOUNT FOR SURFACE LOSSES,
 ULTIMATE               0           0         227        SHRINKAGE FACTOR =   8.00 %
</TABLE>

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>       <C>              <C>       <C>             <C>       <C>         <C>
 2002                0           0         4,101            0         4,101           0         178         3,923
 2003                0           0         3,855            0         3,855           0         166         3,689
 2004                0           0         3,623            0         3,623           0         157         3,466
 2005                0           0         3,407            0         3,407           0         148         3,259
 2006                0           0         3,201            0         3,201           0         139         3,062
 2007                0           0         3,010            0         3,010           0         130         2,880
 2008                0           0         2,829            0         2,829           0         122         2,707
 2009                0           0         2,659            0         2,659           0         115         2,544
 2010                0           0         2,500            0         2,500           0         109         2,391
 2011                0           0         2,350            0         2,350           0         101         2,249
 2012                0           0         2,209            0         2,209           0          96         2,113
 2013                0           0         2,076            0         2,076           0          90         1,986
 2014                0           0         1,952            0         1,952           0          85         1,867
 2015                0           0         1,834            0         1,834           0          79         1,755
 2016                0           0         1,725            0         1,725           0          75         1,650

 SUB-TOT             0           0        41,331            0        41,331           0       1,790        39,541
 REMAIN              0           0         1,621            0         1,621           0          70         1,551
 TOTAL               0           0        42,952            0        42,952           0       1,860        41,092
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                               DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>         <C>         <C>       <C>            <C>           <C>           <C>
 2002          1,500           0           0           0         1,500          2,423         2,423         2,308
 2003          1,500           0           0           0         1,500          2,189         4,612         1,888
 2004          1,500           0           0           0         1,500          1,966         6,578         1,535
 2005          1,500           0           0           0         1,500          1,759         8,337         1,243
 2006          1,500           0           0           0         1,500          1,562         9,899           999
 2007          1,500           0           0           0         1,500          1,380        11,279           799
 2008          1,500           0           0           0         1,500          1,207        12,486           633
 2009          1,500           0           0           0         1,500          1,044        13,530           495
 2010          1,500           0           0           0         1,500            891        14,421           383
 2011          1,500           0           0           0         1,500            749        15,170           292
 2012          1,500           0           0           0         1,500            613        15,783           215
 2013          1,500           0           0           0         1,500            486        16,269           155
 2014          1,500           0           0           0         1,500            367        16,636           106
 2015          1,500           0           0           0         1,500            255        16,891            67
 2016          1,500           0           0           0         1,500            150        17,041            36

 SUBTOT       22,500           0           0           0        22,500         17,041                      11,154
 REMAIN        1,500           0           0           0         1,500             51        17,092            11
 TOTAL        24,000           0           0           0        24,000         17,092                      11,165

   LIFE OF EVALUATION IS 16.00 YEARS.
   FINAL PRODUCTION RATE: 0.1 MMCF/MO
</TABLE>



<PAGE>



                                 TENGASCO, INC.                        TABLE 129
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE

<TABLE>
<CAPTION>
 REICHEL FIELD, RUSH COUNTY, KANSAS                                                    GAS LEASE
   TENGASCO, INC. - OPERATOR   3-T17S-R17W                                             PROVED
     MCGILL #1   (SHAWNEE)                                                             PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000                                                                       5.00% -             0
 FINAL   -   1.000000                                                                      10.00% -             0
 REMARKS -                                                                                 15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE             0           0         436
 ULTIMATE               0           0         436
</TABLE>

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>

<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0
 2016              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0.0 MMCF/MO
</TABLE>



<PAGE>


                                 TENGASCO, INC.                        TABLE 130
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 REICHEL FIELD, RUSH COUNTY, KANSAS                                                    GAS LEASE
   TENGASCO, INC. - OPERATOR   34-T16S-R17W                                            PROVED
     O'DELL #1   (SHAWNEE)                                                             PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000                                                                       5.00% -             0
 FINAL   -   1.000000                                                                      10.00% -             0
 REMARKS -                                                                                 15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF (A)   $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE             0           0         116    (A) NET GAS VOLUMES ACCOUNT FOR SURFACE LOSSES,
 ULTIMATE               0           0         116        SHRINKAGE FACTOR =   8.00 %
</TABLE>

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>

<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0
 2016              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0.0 MMCF/MO
</TABLE>



<PAGE>


                                 TENGASCO, INC.                        TABLE 131
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE

<TABLE>
<CAPTION>
 REICHEL FIELD, RUSH COUNTY, KANSAS                                                    GAS LEASE
   TENGASCO, INC. - OPERATOR   28-T16S-R16W                                            PROVED
     OCHS -A- #1   (SHAWNEE)                                                           PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000                      0.875000                             2.13        5.00% -        49,245
 FINAL   -   1.000000                      0.875000                             2.13       10.00% -        35,028
 REMARKS -                                                                                 15.00% -        26,886
                                                                                           20.00% -        21,733
                                                                                           25.00% -        18,217
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF (A)   $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002     1             0           0           5               0           0           3.945       0.00     2.13
 2003     1             0           0           5               0           0           3.822       0.00     2.13
 2004     1             0           0           4               0           0           3.704       0.00     2.13
 2005     1             0           0           5               0           0           3.589       0.00     2.13
 2006     1             0           0           4               0           0           3.478       0.00     2.13
 2007     1             0           0           4               0           0           3.370       0.00     2.13
 2008     1             0           0           4               0           0           3.265       0.00     2.13
 2009     1             0           0           4               0           0           3.164       0.00     2.13
 2010     1             0           0           4               0           0           3.066       0.00     2.13
 2011     1             0           0           4               0           0           2.971       0.00     2.13
 2012     1             0           0           3               0           0           2.879       0.00     2.13
 2013     1             0           0           4               0           0           2.790       0.00     2.13
 2014     1             0           0           3               0           0           2.703       0.00     2.13
 2015     1             0           0           3               0           0           2.619       0.00     2.13
 2016     1             0           0           4               0           0           2.538       0.00     2.13

 SUB-TOTAL              0           0          60               0           0          47.903       0.00     2.13
 REMAINDER              0           0          45               0           0          36.742       0.00     2.13
 TOTAL                  0           0         105               0           0          84.645       0.00     2.13

 CUMULATIVE             0           0         223    (A) NET GAS VOLUMES ACCOUNT FOR SURFACE LOSSES,
 ULTIMATE               0           0         328        SHRINKAGE FACTOR =   8.00 %
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>       <C>              <C>       <C>             <C>       <C>         <C>
 2002                0           0         8,402            0         8,402           0         364         8,038
 2003                0           0         8,141            0         8,141           0         352         7,789
 2004                0           0         7,889            0         7,889           0         342         7,547
 2005                0           0         7,645            0         7,645           0         331         7,314
 2006                0           0         7,407            0         7,407           0         321         7,086
 2007                0           0         7,178            0         7,178           0         310         6,868
 2008                0           0         6,955            0         6,955           0         302         6,653
 2009                0           0         6,740            0         6,740           0         291         6,449
 2010                0           0         6,531            0         6,531           0         283         6,248
 2011                0           0         6,328            0         6,328           0         274         6,054
 2012                0           0         6,132            0         6,132           0         266         5,866
 2013                0           0         5,942            0         5,942           0         257         5,685
 2014                0           0         5,758            0         5,758           0         249         5,509
 2015                0           0         5,580            0         5,580           0         242         5,338
 2016                0           0         5,406            0         5,406           0         234         5,172

 SUB-TOT             0           0       102,034            0       102,034           0       4,418        97,616
 REMAIN              0           0        78,261            0        78,261           0       3,389        74,872
 TOTAL               0           0       180,295            0       180,295           0       7,807       172,488
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>         <C>         <C>       <C>            <C>           <C>           <C>
 2002          2,736           0           0           0         2,736          5,302         5,302         5,049
 2003          2,736           0           0           0         2,736          5,053        10,355         4,355
 2004          2,736           0           0           0         2,736          4,811        15,166         3,754
 2005          2,736           0           0           0         2,736          4,578        19,744         3,233
 2006          2,736           0           0           0         2,736          4,350        24,094         2,781
 2007          2,736           0           0           0         2,736          4,132        28,226         2,392
 2008          2,736           0           0           0         2,736          3,917        32,143         2,052
 2009          2,736           0           0           0         2,736          3,713        35,856         1,761
 2010          2,736           0           0           0         2,736          3,512        39,368         1,507
 2011          2,736           0           0           0         2,736          3,318        42,686         1,290
 2012          2,736           0           0           0         2,736          3,130        45,816         1,101
 2013          2,736           0           0           0         2,736          2,949        48,765           939
 2014          2,736           0           0           0         2,736          2,773        51,538           799
 2015          2,736           0           0           0         2,736          2,602        54,140           679
 2016          2,736           0           0           0         2,736          2,436        56,576           576

 SUBTOT       41,040           0           0           0        41,040         56,576                      32,268
 REMAIN       54,036           0           0           0        54,036         20,836        77,412         2,760
 TOTAL        95,076           0           0           0        95,076         77,412                      35,028

   LIFE OF EVALUATION IS 34.75 YEARS.
   FINAL PRODUCTION RATE: 0.1 MMCF/MO
</TABLE>



<PAGE>



                                 TENGASCO, INC.                        TABLE 132
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE

<TABLE>
<CAPTION>
 REICHEL FIELD, RUSH COUNTY, KANSAS                                                    GAS LEASE
   TENGASCO, INC. - OPERATOR   28-T16S-R16W                                            PROVED
     OCHS #3   (SHAWNEE)                                                               PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000                                                                       5.00% -             0
 FINAL   -   1.000000                                                                      10.00% -             0
 REMARKS -                                                                                 15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF (A)   $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE             0           0           5    (A) NET GAS VOLUMES ACCOUNT FOR SURFACE LOSSES,
 ULTIMATE               0           0           5        SHRINKAGE FACTOR =   8.00 %
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0
 2016              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0.0 MMCF/MO
</TABLE>



<PAGE>


                                 TENGASCO, INC.                        TABLE 133
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 REICHEL FIELD, RUSH COUNTY, KANSAS                                                    GAS LEASE
   TENGASCO, INC. - OPERATOR   8-T16S-R17W                                             PROVED
     PFEIFER -B- #1   (WABAUNSEE)                                                      PRODUCING

                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000                                                                       5.00% -             0
 FINAL   -   1.000000                                                                      10.00% -             0
 REMARKS -                                                                                 15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE             0           0          16
 ULTIMATE               0           0          16
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0
 2016              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0.0 MMCF/MO
</TABLE>


<PAGE>


                                 TENGASCO, INC.                        TABLE 134
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE

<TABLE>
<CAPTION>
 REICHEL FIELD, RUSH COUNTY, KANSAS                                                    GAS LEASE
   TENGASCO, INC. - OPERATOR   10-T17S-R17W                                            PROVED
     RAU #1   (TOPEKA)                                                                 PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000                      0.820313                             2.13        5.00% -        42,662
 FINAL   -   1.000000                      0.820313                             2.13       10.00% -        35,464
 REMARKS -                                                                                 15.00% -        30,105
                                                                                           20.00% -        26,019
                                                                                           25.00% -        22,835
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF (A)   $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>        <C>              <C>         <C>         <C>         <C>      <C>
 2002     1             0           0          11               0           0           8.377       0.00     2.13
 2003     1             0           0          11               0           0           8.000       0.00     2.13
 2004     1             0           0          10               0           0           7.640       0.00     2.13
 2005     1             0           0           9               0           0           7.297       0.00     2.13
 2006     1             0           0          10               0           0           6.968       0.00     2.13
 2007     1             0           0           9               0           0           6.655       0.00     2.13
 2008     1             0           0           8               0           0           6.355       0.00     2.13
 2009     1             0           0           8               0           0           6.069       0.00     2.13
 2010     1             0           0           8               0           0           5.796       0.00     2.13
 2011     1             0           0           7               0           0           5.535       0.00     2.13
 2012     1             0           0           7               0           0           5.286       0.00     2.13
 2013     1             0           0           7               0           0           5.048       0.00     2.13
 2014     1             0           0           6               0           0           4.821       0.00     2.13
 2015     1             0           0           6               0           0           4.604       0.00     2.13
 2016     1             0           0           1               0           0           0.374       0.00     2.13

 SUB-TOTAL              0           0         118               0           0          88.825       0.00     2.13
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0         118               0           0          88.825       0.00     2.13

 CUMULATIVE             0           0       2,355    (A) NET GAS VOLUMES ACCOUNT FOR SURFACE LOSSES,
 ULTIMATE               0           0       2,473        SHRINKAGE FACTOR =   8.00 %

</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>      <C>               <C>      <C>              <C>       <C>        <C>
 2002                0           0        17,844            0        17,844           0         773        17,071
 2003                0           0        17,041            0        17,041           0         738        16,303
 2004                0           0        16,274            0        16,274           0         704        15,570
 2005                0           0        15,542            0        15,542           0         673        14,869
 2006                0           0        14,842            0        14,842           0         643        14,199
 2007                0           0        14,174            0        14,174           0         614        13,560
 2008                0           0        13,537            0        13,537           0         586        12,951
 2009                0           0        12,927            0        12,927           0         559        12,368
 2010                0           0        12,346            0        12,346           0         535        11,811
 2011                0           0        11,790            0        11,790           0         511        11,279
 2012                0           0        11,260            0        11,260           0         487        10,773
 2013                0           0        10,753            0        10,753           0         466        10,287
 2014                0           0        10,269            0        10,269           0         444         9,825
 2015                0           0         9,807            0         9,807           0         425         9,382
 2016                0           0           797            0           797           0          34           763

 SUB-TOT             0           0       189,203            0       189,203           0       8,192       181,011
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0       189,203            0       189,203           0       8,192       181,011
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>         <C>         <C>       <C>            <C>           <C>           <C>
 2002          9,120           0           0           0         9,120          7,951         7,951         7,574
 2003          9,120           0           0           0         9,120          7,183        15,134         6,194
 2004          9,120           0           0           0         9,120          6,450        21,584         5,035
 2005          9,120           0           0           0         9,120          5,749        27,333         4,063
 2006          9,120           0           0           0         9,120          5,079        32,412         3,249
 2007          9,120           0           0           0         9,120          4,440        36,852         2,572
 2008          9,120           0           0           0         9,120          3,831        40,683         2,009
 2009          9,120           0           0           0         9,120          3,248        43,931         1,542
 2010          9,120           0           0           0         9,120          2,691        46,622         1,156
 2011          9,120           0           0           0         9,120          2,159        48,781           841
 2012          9,120           0           0           0         9,120          1,653        50,434           582
 2013          9,120           0           0           0         9,120          1,167        51,601           373
 2014          9,120           0           0           0         9,120            705        52,306           204
 2015          9,120           0           0           0         9,120            262        52,568            69
 2016            760           0           0           0           760              3        52,571             1

 SUBTOT      128,440           0           0           0       128,440         52,571                      35,464
 REMAIN            0           0           0           0             0              0        52,571             0
 TOTAL       128,440           0           0           0       128,440         52,571                      35,464

   LIFE OF EVALUATION IS 14.08 YEARS.
   FINAL PRODUCTION RATE: 0.5 MMCF/MO
</TABLE>



<PAGE>


                                 TENGASCO, INC.                        TABLE 135
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 REICHEL FIELD, RUSH COUNTY, KANSAS                                                    GAS LEASE
   TENGASCO, INC. - OPERATOR   23-T17S-R17W                                            PROVED
     REICHEL #1   (KANSAS CITY)                                                        PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000                      0.875000                             2.13        5.00% -        24,622
 FINAL   -   1.000000                      0.875000                             2.13       10.00% -        23,133
 REMARKS -                                                                                 15.00% -        21,786
                                                                                           20.00% -        20,565
                                                                                           25.00% -        19,456
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF (A)   $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>        <C>              <C>         <C>        <C>          <C>      <C>
 2002     1             0           0          17               0           0          13.565       0.00     2.13
 2003     1             0           0          14               0           0          11.666       0.00     2.13
 2004     1             0           0          13               0           0          10.033       0.00     2.13
 2005     1             0           0          11               0           0           8.628       0.00     2.13
 2006     1             0           0           1               0           0           1.316       0.00     2.13
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0          56               0           0          45.208       0.00     2.13
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0          56               0           0          45.208       0.00     2.13

 CUMULATIVE             0           0         275    (A) NET GAS VOLUMES ACCOUNT FOR SURFACE LOSSES,
 ULTIMATE               0           0         331        SHRINKAGE FACTOR =   8.00 %
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>      <C>               <C>      <C>              <C>     <C>          <C>
 2002                0           0        28,893            0        28,893           0       1,251        27,642
 2003                0           0        24,849            0        24,849           0       1,076        23,773
 2004                0           0        21,369            0        21,369           0         925        20,444
 2005                0           0        18,378            0        18,378           0         796        17,582
 2006                0           0         2,803            0         2,803           0         121         2,682
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0        96,292            0        96,292           0       4,169        92,123
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0        96,292            0        96,292           0       4,169        92,123
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>           <C>              <C>         <C>         <C>      <C>            <C>           <C>           <C>
 2002         15,804           0           0           0        15,804         11,838        11,838        11,300
 2003         15,804           0           0           0        15,804          7,969        19,807         6,892
 2004         15,804           0           0           0        15,804          4,640        24,447         3,638
 2005         15,804           0           0           0        15,804          1,778        26,225         1,271
 2006          2,634           0           0           0         2,634             48        26,273            32
 2007              0           0           0           0             0              0        26,273             0
 2008              0           0           0           0             0              0        26,273             0
 2009              0           0           0           0             0              0        26,273             0
 2010              0           0           0           0             0              0        26,273             0
 2011              0           0           0           0             0              0        26,273             0
 2012              0           0           0           0             0              0        26,273             0
 2013              0           0           0           0             0              0        26,273             0
 2014              0           0           0           0             0              0        26,273             0
 2015              0           0           0           0             0              0        26,273             0
 2016              0           0           0           0             0              0        26,273             0

 SUBTOT       65,850           0           0           0        65,850         26,273                      23,133
 REMAIN            0           0           0           0             0              0        26,273             0
 TOTAL        65,850           0           0           0        65,850         26,273                      23,133

   LIFE OF EVALUATION IS 4.17 YEARS.
   FINAL PRODUCTION RATE: 0.8 MMCF/MO
</TABLE>



<PAGE>


                                 TENGASCO, INC.                        TABLE 136
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 REICHEL FIELD, RUSH COUNTY, KANSAS                                                    GAS LEASE
   TENGASCO, INC. - OPERATOR   31-T17S-R16W                                            PROVED
     ROTHE #1-31   (TOPEKA)                                                            PRODUCING

                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000                      0.875000                             2.13        5.00% -        17,872
 FINAL   -   1.000000                      0.875000                             2.13       10.00% -        16,883
 REMARKS -                                                                                 15.00% -        15,980
                                                                                           20.00% -        15,155
                                                                                           25.00% -        14,399
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF (A)   $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>        <C>              <C>         <C>        <C>          <C>      <C>
 2002     1             0           0          15               0           0          11.775       0.00     2.13
 2003     1             0           0          12               0           0          10.162       0.00     2.13
 2004     1             0           0          11               0           0           8.770       0.00     2.13
 2005     1             0           0           7               0           0           5.780       0.00     2.13
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0          45               0           0          36.487       0.00     2.13
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0          45               0           0          36.487       0.00     2.13

 CUMULATIVE             0           0         844    (A) NET GAS VOLUMES ACCOUNT FOR SURFACE LOSSES,
 ULTIMATE               0           0         889        SHRINKAGE FACTOR =   8.00 %
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>      <C>               <C>      <C>              <C>     <C>          <C>
 2002                0           0        25,082            0        25,082           0       1,086        23,996
 2003                0           0        21,645            0        21,645           0         937        20,708
 2004                0           0        18,680            0        18,680           0         809        17,871
 2005                0           0        12,311            0        12,311           0         533        11,778
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0        77,718            0        77,718           0       3,365        74,353
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0        77,718            0        77,718           0       3,365        74,353
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>           <C>              <C>         <C>         <C>      <C>             <C>           <C>           <C>
 2002         14,772           0           0           0        14,772          9,224         9,224         8,807
 2003         14,772           0           0           0        14,772          5,936        15,160         5,136
 2004         14,772           0           0           0        14,772          3,099        18,259         2,434
 2005         11,079           0           0           0        11,079            699        18,958           506
 2006              0           0           0           0             0              0        18,958             0
 2007              0           0           0           0             0              0        18,958             0
 2008              0           0           0           0             0              0        18,958             0
 2009              0           0           0           0             0              0        18,958             0
 2010              0           0           0           0             0              0        18,958             0
 2011              0           0           0           0             0              0        18,958             0
 2012              0           0           0           0             0              0        18,958             0
 2013              0           0           0           0             0              0        18,958             0
 2014              0           0           0           0             0              0        18,958             0
 2015              0           0           0           0             0              0        18,958             0
 2016              0           0           0           0             0              0        18,958             0

 SUBTOT       55,395           0           0           0        55,395         18,958                      16,883
 REMAIN            0           0           0           0             0              0        18,958             0
 TOTAL        55,395           0           0           0        55,395         18,958                      16,883

   LIFE OF EVALUATION IS 3.75 YEARS.
   FINAL PRODUCTION RATE: 0.8 MMCF/MO
</TABLE>


<PAGE>

                                 TENGASCO, INC.                        TABLE 137
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 REICHEL FIELD, RUSH COUNTY, KANSAS                                                    GAS LEASE
   TENGASCO, INC. - OPERATOR   20-T17S-R16W                                            PROVED
     ROTHE, R. #1   (KANSAS CITY)                                                      PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000                      0.820313                             2.13        5.00% -        36,311
 FINAL   -   1.000000                      0.820313                             2.13       10.00% -        30,132
 REMARKS -                                                                                 15.00% -        25,567
                                                                                           20.00% -        22,105
                                                                                           25.00% -        19,417
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF (A)   $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002     1             0           0           7               0           0           5.081       0.00     2.13
 2003     1             0           0           6               0           0           4.715       0.00     2.13
 2004     1             0           0           6               0           0           4.376       0.00     2.13
 2005     1             0           0           5               0           0           4.061       0.00     2.13
 2006     1             0           0           5               0           0           3.768       0.00     2.13
 2007     1             0           0           5               0           0           3.497       0.00     2.13
 2008     1             0           0           4               0           0           3.245       0.00     2.13
 2009     1             0           0           4               0           0           3.012       0.00     2.13
 2010     1             0           0           4               0           0           2.795       0.00     2.13
 2011     1             0           0           3               0           0           2.594       0.00     2.13
 2012     1             0           0           3               0           0           2.407       0.00     2.13
 2013     1             0           0           3               0           0           2.234       0.00     2.13
 2014     1             0           0           3               0           0           2.073       0.00     2.13
 2015     1             0           0           3               0           0           1.924       0.00     2.13
 2016     1             0           0           2               0           0           1.785       0.00     2.13

 SUB-TOTAL              0           0          63               0           0          47.567       0.00     2.13
 REMAINDER              0           0           0               0           0           0.285       0.00     2.13
 TOTAL                  0           0          63               0           0          47.852       0.00     2.13

 CUMULATIVE             0           0         467    (A) NET GAS VOLUMES ACCOUNT FOR SURFACE LOSSES,
 ULTIMATE               0           0         530        SHRINKAGE FACTOR =   8.00 %
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>      <C>               <C>      <C>              <C>       <C>        <C>
 2002                0           0        10,823            0        10,823           0         469        10,354
 2003                0           0        10,044            0        10,044           0         435         9,609
 2004                0           0         9,321            0         9,321           0         403         8,918
 2005                0           0         8,649            0         8,649           0         375         8,274
 2006                0           0         8,027            0         8,027           0         347         7,680
 2007                0           0         7,449            0         7,449           0         323         7,126
 2008                0           0         6,912            0         6,912           0         299         6,613
 2009                0           0         6,415            0         6,415           0         278         6,137
 2010                0           0         5,953            0         5,953           0         258         5,695
 2011                0           0         5,524            0         5,524           0         239         5,285
 2012                0           0         5,127            0         5,127           0         222         4,905
 2013                0           0         4,758            0         4,758           0         206         4,552
 2014                0           0         4,414            0         4,414           0         191         4,223
 2015                0           0         4,098            0         4,098           0         177         3,921
 2016                0           0         3,802            0         3,802           0         165         3,637

 SUB-TOT             0           0       101,316            0       101,316           0       4,387        96,929
 REMAIN              0           0           606            0           606           0          26           580
 TOTAL               0           0       101,922            0       101,922           0       4,413        97,509
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>         <C>         <C>       <C>            <C>           <C>           <C>
 2002          3,468           0           0           0         3,468          6,886         6,886         6,560
 2003          3,468           0           0           0         3,468          6,141        13,027         5,297
 2004          3,468           0           0           0         3,468          5,450        18,477         4,254
 2005          3,468           0           0           0         3,468          4,806        23,283         3,397
 2006          3,468           0           0           0         3,468          4,212        27,495         2,695
 2007          3,468           0           0           0         3,468          3,658        31,153         2,119
 2008          3,468           0           0           0         3,468          3,145        34,298         1,649
 2009          3,468           0           0           0         3,468          2,669        36,967         1,267
 2010          3,468           0           0           0         3,468          2,227        39,194           957
 2011          3,468           0           0           0         3,468          1,817        41,011           707
 2012          3,468           0           0           0         3,468          1,437        42,448           506
 2013          3,468           0           0           0         3,468          1,084        43,532           346
 2014          3,468           0           0           0         3,468            755        44,287           218
 2015          3,468           0           0           0         3,468            453        44,740           119
 2016          3,468           0           0           0         3,468            169        44,909            40

 SUBTOT       52,020           0           0           0        52,020         44,909                      30,131
 REMAIN          578           0           0           0           578              2        44,911             1
 TOTAL        52,598           0           0           0        52,598         44,911                      30,132

   LIFE OF EVALUATION IS 15.17 YEARS.
   FINAL PRODUCTION RATE: 0.2 MMCF/MO
</TABLE>



<PAGE>


                                 TENGASCO, INC.                        TABLE 138
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 REICHEL FIELD, RUSH COUNTY, KANSAS                                                    GAS LEASE
   TENGASCO, INC. - OPERATOR   4-T17S-R17W                                             PROVED
     SCHEUERMAN -A- #1   (GRWS-SHWN)                                                   PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000                      0.875000                             2.13        5.00% -        41,809
 FINAL   -   1.000000                      0.875000                             2.13       10.00% -        29,203
 REMARKS -                                                                                 15.00% -        22,207
                                                                                           20.00% -        17,858
                                                                                           25.00% -        14,920
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF (A)   $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002     1             0           0           4               0           0           3.079       0.00     2.13
 2003     1             0           0           4               0           0           2.986       0.00     2.13
 2004     1             0           0           3               0           0           2.897       0.00     2.13
 2005     1             0           0           4               0           0           2.810       0.00     2.13
 2006     1             0           0           3               0           0           2.726       0.00     2.13
 2007     1             0           0           3               0           0           2.644       0.00     2.13
 2008     1             0           0           3               0           0           2.565       0.00     2.13
 2009     1             0           0           4               0           0           2.488       0.00     2.13
 2010     1             0           0           3               0           0           2.413       0.00     2.13
 2011     1             0           0           2               0           0           2.341       0.00     2.13
 2012     1             0           0           3               0           0           2.270       0.00     2.13
 2013     1             0           0           3               0           0           2.202       0.00     2.13
 2014     1             0           0           3               0           0           2.136       0.00     2.13
 2015     1             0           0           2               0           0           2.072       0.00     2.13
 2016     1             0           0           3               0           0           2.010       0.00     2.13

 SUB-TOTAL              0           0          47               0           0          37.639       0.00     2.13
 REMAINDER              0           0          41               0           0          33.061       0.00     2.13
 TOTAL                  0           0          88               0           0          70.700       0.00     2.13

 CUMULATIVE             0           0         432    (A) NET GAS VOLUMES ACCOUNT FOR SURFACE LOSSES,
 ULTIMATE               0           0         520        SHRINKAGE FACTOR =   8.00 %
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>       <C>              <C>       <C>             <C>       <C>         <C>
 2002                0           0         6,558            0         6,558           0         284         6,274
 2003                0           0         6,361            0         6,361           0         275         6,086
 2004                0           0         6,171            0         6,171           0         268         5,903
 2005                0           0         5,985            0         5,985           0         259         5,726
 2006                0           0         5,805            0         5,805           0         251         5,554
 2007                0           0         5,632            0         5,632           0         244         5,388
 2008                0           0         5,463            0         5,463           0         237         5,226
 2009                0           0         5,298            0         5,298           0         229         5,069
 2010                0           0         5,140            0         5,140           0         222         4,918
 2011                0           0         4,986            0         4,986           0         216         4,770
 2012                0           0         4,836            0         4,836           0         210         4,626
 2013                0           0         4,691            0         4,691           0         203         4,488
 2014                0           0         4,550            0         4,550           0         197         4,353
 2015                0           0         4,413            0         4,413           0         191         4,222
 2016                0           0         4,282            0         4,282           0         185         4,097

 SUB-TOT             0           0        80,171            0        80,171           0       3,471        76,700
 REMAIN              0           0        70,419            0        70,419           0       3,050        67,369
 TOTAL               0           0       150,590            0       150,590           0       6,521       144,069
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>         <C>         <C>       <C>            <C>           <C>           <C>
 2002          1,980           0           0           0         1,980          4,294         4,294         4,089
 2003          1,980           0           0           0         1,980          4,106         8,400         3,539
 2004          1,980           0           0           0         1,980          3,923        12,323         3,060
 2005          1,980           0           0           0         1,980          3,746        16,069         2,646
 2006          1,980           0           0           0         1,980          3,574        19,643         2,285
 2007          1,980           0           0           0         1,980          3,408        23,051         1,972
 2008          1,980           0           0           0         1,980          3,246        26,297         1,701
 2009          1,980           0           0           0         1,980          3,089        29,386         1,465
 2010          1,980           0           0           0         1,980          2,938        32,324         1,261
 2011          1,980           0           0           0         1,980          2,790        35,114         1,084
 2012          1,980           0           0           0         1,980          2,646        37,760           931
 2013          1,980           0           0           0         1,980          2,508        40,268           799
 2014          1,980           0           0           0         1,980          2,373        42,641           684
 2015          1,980           0           0           0         1,980          2,242        44,883           585
 2016          1,980           0           0           0         1,980          2,117        47,000           500

 SUBTOT       29,700           0           0           0        29,700         47,000                      26,601
 REMAIN       46,200           0           0           0        46,200         21,169        68,169         2,602
 TOTAL        75,900           0           0           0        75,900         68,169                      29,203

   LIFE OF EVALUATION IS 38.33 YEARS.
   FINAL PRODUCTION RATE: 0.1 MMCF/MO
</TABLE>



<PAGE>


                                 TENGASCO, INC.                        TABLE 139
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 REICHEL FIELD, RUSH COUNTY, KANSAS                                                    GAS LEASE
   TENGASCO, INC. - OPERATOR   18-T16S-R17W                                            PROVED
     SCHLITTER #2   (PENNSYLVANIAN)                                                    PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000                      0.861328                             2.13        5.00% -           708
 FINAL   -   1.000000                      0.861328                             2.13       10.00% -           666
 REMARKS -                                                                                 15.00% -           627
                                                                                           20.00% -           593
                                                                                           25.00% -           561
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF (A)   $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002     1             0           0           2               0           0           1.415       0.00     2.13
 2003     1             0           0           2               0           0           1.365       0.00     2.13
 2004     1             0           0           1               0           0           1.315       0.00     2.13
 2005     1             0           0           2               0           0           1.164       0.00     2.13
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           7               0           0           5.259       0.00     2.13
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           7               0           0           5.259       0.00     2.13

 CUMULATIVE             0           0         177    (A) NET GAS VOLUMES ACCOUNT FOR SURFACE LOSSES,
 ULTIMATE               0           0         184        SHRINKAGE FACTOR =   8.00 %
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>       <C>              <C>       <C>             <C>       <C>         <C>
 2002                0           0         3,015            0         3,015           0         131         2,884
 2003                0           0         2,906            0         2,906           0         125         2,781
 2004                0           0         2,802            0         2,802           0         122         2,680
 2005                0           0         2,480            0         2,480           0         107         2,373
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0        11,203            0        11,203           0         485        10,718
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0        11,203            0        11,203           0         485        10,718
</TABLE>


                                       14
<PAGE>

<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>         <C>         <C>       <C>              <C>           <C>           <C>
 2002          2,544           0           0           0         2,544            340           340           324
 2003          2,544           0           0           0         2,544            237           577           205
 2004          2,544           0           0           0         2,544            136           713           107
 2005          2,332           0           0           0         2,332             41           754            30
 2006              0           0           0           0             0              0           754             0
 2007              0           0           0           0             0              0           754             0
 2008              0           0           0           0             0              0           754             0
 2009              0           0           0           0             0              0           754             0
 2010              0           0           0           0             0              0           754             0
 2011              0           0           0           0             0              0           754             0
 2012              0           0           0           0             0              0           754             0
 2013              0           0           0           0             0              0           754             0
 2014              0           0           0           0             0              0           754             0
 2015              0           0           0           0             0              0           754             0
 2016              0           0           0           0             0              0           754             0

 SUBTOT        9,964           0           0           0         9,964            754                         666
 REMAIN            0           0           0           0             0              0           754             0
 TOTAL         9,964           0           0           0         9,964            754                         666

   LIFE OF EVALUATION IS 3.92 YEARS.
   FINAL PRODUCTION RATE: 0.1 MMCF/MO
</TABLE>



<PAGE>



                                 TENGASCO, INC.                        TABLE 140
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 REICHEL FIELD, RUSH COUNTY, KANSAS                                                    GAS LEASE
   TENGASCO, INC. - OPERATOR   13-T17S-R17W                                            PROVED
     SCHNEIDER #1   (KANSAS CITY)                                                      PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000                      0.820313                             2.13        5.00% -        36,511
 FINAL   -   1.000000                      0.820313                             2.13       10.00% -        33,633
 REMARKS -                                                                                 15.00% -        31,111
                                                                                           20.00% -        28,891
                                                                                           25.00% -        26,928
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF (A)   $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>        <C>              <C>         <C>        <C>          <C>      <C>
 2002     1             0           0          18               0           0          13.842       0.00     2.13
 2003     1             0           0          16               0           0          12.126       0.00     2.13
 2004     1             0           0          14               0           0          10.622       0.00     2.13
 2005     1             0           0          13               0           0           9.305       0.00     2.13
 2006     1             0           0          11               0           0           8.151       0.00     2.13
 2007     1             0           0           6               0           0           4.865       0.00     2.13
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0          78               0           0          58.911       0.00     2.13
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0          78               0           0          58.911       0.00     2.13

 CUMULATIVE             0           0         412    (A) NET GAS VOLUMES ACCOUNT FOR SURFACE LOSSES,
 ULTIMATE               0           0         490        SHRINKAGE FACTOR =   8.00 %
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>      <C>               <C>      <C>              <C>     <C>          <C>
 2002                0           0        29,484            0        29,484           0       1,277        28,207
 2003                0           0        25,829            0        25,829           0       1,118        24,711
 2004                0           0        22,625            0        22,625           0         980        21,645
 2005                0           0        19,820            0        19,820           0         858        18,962
 2006                0           0        17,362            0        17,362           0         752        16,610
 2007                0           0        10,362            0        10,362           0         448         9,914
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0       125,482            0       125,482           0       5,433       120,049
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0       125,482            0       125,482           0       5,433       120,049

</TABLE>



                                       15
<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>           <C>              <C>         <C>         <C>      <C>            <C>           <C>           <C>
 2002         14,160           0           0           0        14,160         14,047        14,047        13,399
 2003         14,160           0           0           0        14,160         10,551        24,598         9,114
 2004         14,160           0           0           0        14,160          7,485        32,083         5,857
 2005         14,160           0           0           0        14,160          4,802        36,885         3,404
 2006         14,160           0           0           0        14,160          2,450        39,335         1,578
 2007          9,440           0           0           0         9,440            474        39,809           281
 2008              0           0           0           0             0              0        39,809             0
 2009              0           0           0           0             0              0        39,809             0
 2010              0           0           0           0             0              0        39,809             0
 2011              0           0           0           0             0              0        39,809             0
 2012              0           0           0           0             0              0        39,809             0
 2013              0           0           0           0             0              0        39,809             0
 2014              0           0           0           0             0              0        39,809             0
 2015              0           0           0           0             0              0        39,809             0
 2016              0           0           0           0             0              0        39,809             0

 SUBTOT       80,240           0           0           0        80,240         39,809                      33,633
 REMAIN            0           0           0           0             0              0        39,809             0
 TOTAL        80,240           0           0           0        80,240         39,809                      33,633

   LIFE OF EVALUATION IS 5.67 YEARS.
   FINAL PRODUCTION RATE: 0.8 MMCF/MO
</TABLE>



<PAGE>









                                 TENGASCO, INC.                        TABLE 141
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 REICHEL FIELD, RUSH COUNTY, KANSAS                                                    GAS LEASE
   TENGASCO, INC. - OPERATOR   25-T16S-R17W                                            PROVED
     SHERWOOD #1   (SHAWNEE)                                                           PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000                      0.792969                             2.13        5.00% -        31,449
 FINAL   -   1.000000                      0.792969                             2.13       10.00% -        22,675
 REMARKS -                                                                                 15.00% -        17,519
                                                                                           20.00% -        14,210
                                                                                           25.00% -        11,932
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF (A)   $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002     1             0           0           4               0           0           2.937       0.00     2.13
 2003     1             0           0           4               0           0           2.855       0.00     2.13
 2004     1             0           0           4               0           0           2.776       0.00     2.13
 2005     1             0           0           3               0           0           2.699       0.00     2.13
 2006     1             0           0           4               0           0           2.624       0.00     2.13
 2007     1             0           0           4               0           0           2.551       0.00     2.13
 2008     1             0           0           3               0           0           2.480       0.00     2.13
 2009     1             0           0           3               0           0           2.411       0.00     2.13
 2010     1             0           0           3               0           0           2.344       0.00     2.13
 2011     1             0           0           4               0           0           2.279       0.00     2.13
 2012     1             0           0           3               0           0           2.215       0.00     2.13
 2013     1             0           0           3               0           0           2.154       0.00     2.13
 2014     1             0           0           2               0           0           2.094       0.00     2.13
 2015     1             0           0           3               0           0           2.036       0.00     2.13
 2016     1             0           0           3               0           0           1.979       0.00     2.13

 SUB-TOTAL              0           0          50               0           0          36.434       0.00     2.13
 REMAINDER              0           0          35               0           0          25.750       0.00     2.13
 TOTAL                  0           0          85               0           0          62.184       0.00     2.13

 CUMULATIVE             0           0         221    (A) NET GAS VOLUMES ACCOUNT FOR SURFACE LOSSES,
 ULTIMATE               0           0         306        SHRINKAGE FACTOR =   8.00 %
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>       <C>              <C>       <C>             <C>       <C>         <C>
 2002                0           0         6,255            0         6,255           0         271         5,984
 2003                0           0         6,081            0         6,081           0         263         5,818
 2004                0           0         5,913            0         5,913           0         256         5,657
 2005                0           0         5,748            0         5,748           0         249         5,499
 2006                0           0         5,588            0         5,588           0         242         5,346
 2007                0           0         5,433            0         5,433           0         235         5,198
 2008                0           0         5,282            0         5,282           0         229         5,053
 2009                0           0         5,135            0         5,135           0         222         4,913
 2010                0           0         4,992            0         4,992           0         217         4,775
 2011                0           0         4,854            0         4,854           0         210         4,644
 2012                0           0         4,719            0         4,719           0         204         4,515
 2013                0           0         4,588            0         4,588           0         199         4,389
 2014                0           0         4,460            0         4,460           0         193         4,267
 2015                0           0         4,336            0         4,336           0         188         4,148
 2016                0           0         4,216            0         4,216           0         182         4,034

 SUB-TOT             0           0        77,600            0        77,600           0       3,360        74,240
 REMAIN              0           0        54,847            0        54,847           0       2,375        52,472
 TOTAL               0           0       132,447            0       132,447           0       5,735       126,712
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>         <C>         <C>       <C>            <C>           <C>           <C>
 2002          2,496           0           0           0         2,496          3,488         3,488         3,321
 2003          2,496           0           0           0         2,496          3,322         6,810         2,864
 2004          2,496           0           0           0         2,496          3,161         9,971         2,466
 2005          2,496           0           0           0         2,496          3,003        12,974         2,121
 2006          2,496           0           0           0         2,496          2,850        15,824         1,822
 2007          2,496           0           0           0         2,496          2,702        18,526         1,564
 2008          2,496           0           0           0         2,496          2,557        21,083         1,340
 2009          2,496           0           0           0         2,496          2,417        23,500         1,146
 2010          2,496           0           0           0         2,496          2,279        25,779           978
 2011          2,496           0           0           0         2,496          2,148        27,927           835
 2012          2,496           0           0           0         2,496          2,019        29,946           710
 2013          2,496           0           0           0         2,496          1,893        31,839           603
 2014          2,496           0           0           0         2,496          1,771        33,610           511
 2015          2,496           0           0           0         2,496          1,652        35,262           431
 2016          2,496           0           0           0         2,496          1,538        36,800           363

 SUBTOT       37,440           0           0           0        37,440         36,800                      21,075
 REMAIN       41,184           0           0           0        41,184         11,288        48,088         1,600
 TOTAL        78,624           0           0           0        78,624         48,088                      22,675

   LIFE OF EVALUATION IS 31.50 YEARS.
   FINAL PRODUCTION RATE: 0.1 MMCF/MO
</TABLE>



<PAGE>


                                 TENGASCO, INC.                        TABLE 142
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 REICHEL FIELD, RUSH COUNTY, KANSAS                                                    GAS LEASE
   TENGASCO, INC. - OPERATOR   11-T17S-R17W                                            PROVED
     STEITZ -A- #1   (KANSAS CITY)                                                     PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000                      0.875000                             2.13        5.00% -           436
 FINAL   -   1.000000                      0.875000                             2.13       10.00% -           430
 REMARKS -                                                                                 15.00% -           424
                                                                                           20.00% -           419
                                                                                           25.00% -           413
</TABLE>


<TABLE>
<CAPTION>
               ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF (A)   $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002     1             0           0           4               0           0           3.304       0.00     2.13
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           4               0           0           3.304       0.00     2.13
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           4               0           0           3.304       0.00     2.13

 CUMULATIVE             0           0         293    (A) NET GAS VOLUMES ACCOUNT FOR SURFACE LOSSES,
 ULTIMATE               0           0         297        SHRINKAGE FACTOR =   8.00 %
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>       <C>              <C>       <C>             <C>       <C>         <C>
 2002                0           0         7,037            0         7,037           0         305         6,732
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0         7,037            0         7,037           0         305         6,732
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0         7,037            0         7,037           0         305         6,732
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>         <C>         <C>       <C>              <C>           <C>           <C>
 2002          6,290           0           0           0         6,290            442           442           430
 2003              0           0           0           0             0              0           442             0
 2004              0           0           0           0             0              0           442             0
 2005              0           0           0           0             0              0           442             0
 2006              0           0           0           0             0              0           442             0
 2007              0           0           0           0             0              0           442             0
 2008              0           0           0           0             0              0           442             0
 2009              0           0           0           0             0              0           442             0
 2010              0           0           0           0             0              0           442             0
 2011              0           0           0           0             0              0           442             0
 2012              0           0           0           0             0              0           442             0
 2013              0           0           0           0             0              0           442             0
 2014              0           0           0           0             0              0           442             0
 2015              0           0           0           0             0              0           442             0
 2016              0           0           0           0             0              0           442             0

 SUBTOT        6,290           0           0           0         6,290            442                         430
 REMAIN            0           0           0           0             0              0           442             0
 TOTAL         6,290           0           0           0         6,290            442                         430

   LIFE OF EVALUATION IS 0.83 YEARS.
   FINAL PRODUCTION RATE: 0.4 MMCF/MO
</TABLE>



<PAGE>


                            TENGASCO, INC.                             TABLE 143
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 REICHEL FIELD, RUSH COUNTY, KANSAS                                                    GAS LEASE
   TENGASCO, INC. - OPERATOR   14-T17S-R17W                                            PROVED
     STEITZ -B- #1   (TOPEKA)                                                          PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000                      0.820313                             2.13        5.00% -         6,822
 FINAL   -   1.000000                      0.820313                             2.13       10.00% -         6,170
 REMARKS -                                                                                 15.00% -         5,615
                                                                                           20.00% -         5,138
                                                                                           25.00% -         4,726
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF (A)   $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002     1             0           0           4               0           0           3.147       0.00     2.13
 2003     1             0           0           4               0           0           2.949       0.00     2.13
 2004     1             0           0           4               0           0           2.763       0.00     2.13
 2005     1             0           0           3               0           0           2.589       0.00     2.13
 2006     1             0           0           3               0           0           2.426       0.00     2.13
 2007     1             0           0           3               0           0           2.273       0.00     2.13
 2008     1             0           0           3               0           0           1.784       0.00     2.13
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0          24               0           0          17.931       0.00     2.13
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0          24               0           0          17.931       0.00     2.13

 CUMULATIVE             0           0         349    (A) NET GAS VOLUMES ACCOUNT FOR SURFACE LOSSES,
 ULTIMATE               0           0         373        SHRINKAGE FACTOR =   8.00 %
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>       <C>              <C>       <C>             <C>       <C>         <C>
 2002                0           0         6,703            0         6,703           0         290         6,413
 2003                0           0         6,280            0         6,280           0         272         6,008
 2004                0           0         5,885            0         5,885           0         255         5,630
 2005                0           0         5,514            0         5,514           0         239         5,275
 2006                0           0         5,166            0         5,166           0         223         4,943
 2007                0           0         4,842            0         4,842           0         210         4,632
 2008                0           0         3,800            0         3,800           0         165         3,635
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0        38,190            0        38,190           0       1,654        36,536
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0        38,190            0        38,190           0       1,654        36,536
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>         <C>         <C>       <C>            <C>           <C>           <C>
 2002          4,236           0           0           0         4,236          2,177         2,177         2,075
 2003          4,236           0           0           0         4,236          1,772         3,949         1,530
 2004          4,236           0           0           0         4,236          1,394         5,343         1,089
 2005          4,236           0           0           0         4,236          1,039         6,382           736
 2006          4,236           0           0           0         4,236            707         7,089           454
 2007          4,236           0           0           0         4,236            396         7,485           230
 2008          3,530           0           0           0         3,530            105         7,590            56
 2009              0           0           0           0             0              0         7,590             0
 2010              0           0           0           0             0              0         7,590             0
 2011              0           0           0           0             0              0         7,590             0
 2012              0           0           0           0             0              0         7,590             0
 2013              0           0           0           0             0              0         7,590             0
 2014              0           0           0           0             0              0         7,590             0
 2015              0           0           0           0             0              0         7,590             0
 2016              0           0           0           0             0              0         7,590             0

 SUBTOT       28,946           0           0           0        28,946          7,590                       6,170
 REMAIN            0           0           0           0             0              0         7,590             0
 TOTAL        28,946           0           0           0        28,946          7,590                       6,170

   LIFE OF EVALUATION IS 6.83 YEARS.
   FINAL PRODUCTION RATE: 0.2 MMCF/MO
</TABLE>



<PAGE>



                                 TENGASCO, INC.                        TABLE 144
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 REICHEL FIELD, RUSH COUNTY, KANSAS                                                    GAS LEASE
   TENGASCO, INC. - OPERATOR   14-T17S-R17W                                            PROVED
     THIELENHAUS #1   (TOPEKA)                                                         PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000                      0.875000                             2.13        5.00% -        14,465
 FINAL   -   1.000000                      0.875000                             2.13       10.00% -        12,782
 REMARKS -                                                                                 15.00% -        11,403
                                                                                           20.00% -        10,261
                                                                                           25.00% -         9,307
</TABLE>


<TABLE>
<CAPTION>
                ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF (A)   $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002     1             0           0           4               0           0           3.228       0.00     2.13
 2003     1             0           0           4               0           0           2.905       0.00     2.13
 2004     1             0           0           3               0           0           2.615       0.00     2.13
 2005     1             0           0           3               0           0           2.353       0.00     2.13
 2006     1             0           0           2               0           0           2.118       0.00     2.13
 2007     1             0           0           3               0           0           1.906       0.00     2.13
 2008     1             0           0           2               0           0           1.716       0.00     2.13
 2009     1             0           0           2               0           0           1.544       0.00     2.13
 2010     1             0           0           2               0           0           1.390       0.00     2.13
 2011     1             0           0           0               0           0           0.218       0.00     2.13
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0          25               0           0          19.993       0.00     2.13
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0          25               0           0          19.993       0.00     2.13

 CUMULATIVE             0           0       1,566    (A) NET GAS VOLUMES ACCOUNT FOR SURFACE LOSSES,
 ULTIMATE               0           0       1,591        SHRINKAGE FACTOR =   8.00 %
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>       <C>              <C>       <C>             <C>       <C>         <C>
 2002                0           0         6,876            0         6,876           0         298         6,578
 2003                0           0         6,189            0         6,189           0         268         5,921
 2004                0           0         5,569            0         5,569           0         241         5,328
 2005                0           0         5,013            0         5,013           0         217         4,796
 2006                0           0         4,511            0         4,511           0         195         4,316
 2007                0           0         4,061            0         4,061           0         176         3,885
 2008                0           0         3,654            0         3,654           0         158         3,496
 2009                0           0         3,289            0         3,289           0         143         3,146
 2010                0           0         2,960            0         2,960           0         128         2,832
 2011                0           0           464            0           464           0          20           444
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0        42,586            0        42,586           0       1,844        40,742
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0        42,586            0        42,586           0       1,844        40,742
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>         <C>         <C>       <C>            <C>           <C>           <C>
 2002          2,640           0           0           0         2,640          3,938         3,938         3,754
 2003          2,640           0           0           0         2,640          3,281         7,219         2,831
 2004          2,640           0           0           0         2,640          2,688         9,907         2,100
 2005          2,640           0           0           0         2,640          2,156        12,063         1,525
 2006          2,640           0           0           0         2,640          1,676        13,739         1,074
 2007          2,640           0           0           0         2,640          1,245        14,984           722
 2008          2,640           0           0           0         2,640            856        15,840           450
 2009          2,640           0           0           0         2,640            506        16,346           241
 2010          2,640           0           0           0         2,640            192        16,538            83
 2011            440           0           0           0           440              4        16,542             2
 2012              0           0           0           0             0              0        16,542             0
 2013              0           0           0           0             0              0        16,542             0
 2014              0           0           0           0             0              0        16,542             0
 2015              0           0           0           0             0              0        16,542             0
 2016              0           0           0           0             0              0        16,542             0

 SUBTOT       24,200           0           0           0        24,200         16,542                      12,782
 REMAIN            0           0           0           0             0              0        16,542             0
 TOTAL        24,200           0           0           0        24,200         16,542                      12,782

   LIFE OF EVALUATION IS 9.17 YEARS.
   FINAL PRODUCTION RATE: 0.1 MMCF/MO
</TABLE>



<PAGE>



                                 TENGASCO, INC.                        TABLE 145
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 REICHEL FIELD, RUSH COUNTY, KANSAS                                                    GAS LEASE
   TENGASCO, INC. - OPERATOR   14-T17S-R17W                                            PROVED
     THIELENHAUS #1 BP   (TOPEKA)                                                      BEHIND PIPE


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000                      0.875000                             2.13        5.00% -       173,932
 FINAL   -   1.000000                      0.875000                             2.13       10.00% -       138,377
 REMARKS - OPERATING COSTS TO BE CARRIED BY PRODUCING RESERVES.                            15.00% -       112,006
                                                                                           20.00% -        92,057
                                                                                           25.00% -        76,682
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF (A)   $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0          29               0           0          22.995       0.00     2.13
 2004                   0           0          20               0           0          16.471       0.00     2.13
 2005                   0           0          18               0           0          14.370       0.00     2.13
 2006                   0           0          15               0           0          12.537       0.00     2.13
 2007                   0           0          14               0           0          10.938       0.00     2.13
 2008                   0           0          12               0           0           9.543       0.00     2.13
 2009                   0           0          10               0           0           8.326       0.00     2.13
 2010                   0           0           9               0           0           7.264       0.00     2.13
 2011                   0           0           8               0           0           6.337       0.00     2.13
 2012                   0           0           7               0           0           5.529       0.00     2.13
 2013                   0           0           3               0           0           2.416       0.00     2.13
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0         145               0           0         116.726       0.00     2.13
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0         145               0           0         116.726       0.00     2.13

 CUMULATIVE             0           0           0    (A) NET GAS VOLUMES ACCOUNT FOR SURFACE LOSSES,
 ULTIMATE               0           0         145        SHRINKAGE FACTOR =   8.00 %
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0        48,980            0        48,980           0       2,121        46,859
 2004                0           0        35,082            0        35,082           0       1,519        33,563
 2005                0           0        30,608            0        30,608           0       1,325        29,283
 2006                0           0        26,703            0        26,703           0       1,156        25,547
 2007                0           0        23,298            0        23,298           0       1,009        22,289
 2008                0           0        20,326            0        20,326           0         880        19,446
 2009                0           0        17,733            0        17,733           0         768        16,965
 2010                0           0        15,472            0        15,472           0         670        14,802
 2011                0           0        13,498            0        13,498           0         585        12,913
 2012                0           0        11,776            0        11,776           0         510        11,266
 2013                0           0         5,147            0         5,147           0         222         4,925
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0       248,623            0       248,623           0      10,765       237,858
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0       248,623            0       248,623           0      10,765       237,858
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0      15,000           0        15,000         31,859        31,859        27,021
 2004              0           0           0           0             0         33,563        65,422        26,206
 2005              0           0           0           0             0         29,283        94,705        20,697
 2006              0           0           0           0             0         25,547       120,252        16,345
 2007              0           0           0           0             0         22,289       142,541        12,909
 2008              0           0           0           0             0         19,446       161,987        10,195
 2009              0           0           0           0             0         16,965       178,952         8,051
 2010              0           0           0           0             0         14,802       193,754         6,358
 2011              0           0           0           0             0         12,913       206,667         5,022
 2012              0           0           0           0             0         11,266       217,933         3,965
 2013              0           0           0           0             0          4,925       222,858         1,608
 2014              0           0           0           0             0              0       222,858             0
 2015              0           0           0           0             0              0       222,858             0
 2016              0           0           0           0             0              0       222,858             0

 SUBTOT            0           0      15,000           0        15,000        222,858                     138,377
 REMAIN            0           0           0           0             0              0       222,858             0
 TOTAL             0           0      15,000           0        15,000        222,858                     138,377

   LIFE OF EVALUATION IS 11.48 YEARS.
   FINAL PRODUCTION RATE: 0.5 MMCF/MO
</TABLE>



<PAGE>



                                 TENGASCO, INC.                        TABLE 146
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 REICHEL FIELD, RUSH COUNTY, KANSAS                                                    GAS LEASE
   TENGASCO, INC. - OPERATOR   19-T16S-R17W                                            PROVED
     TORREY #2   (KSSC-LNSG)                                                           PRODUCING

                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000                      0.861328                             2.13        5.00% -       162,005
 FINAL   -   1.000000                      0.861328                             2.13       10.00% -       119,939
 REMARKS -                                                                                 15.00% -        94,370
                                                                                           20.00% -        77,526
                                                                                           25.00% -        65,707
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF (A)   $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>        <C>              <C>         <C>        <C>          <C>      <C>
 2002     1             0           0          16               0           0          12.508       0.00     2.13
 2003     1             0           0          15               0           0          11.883       0.00     2.13
 2004     1             0           0          14               0           0          11.288       0.00     2.13
 2005     1             0           0          14               0           0          10.724       0.00     2.13
 2006     1             0           0          12               0           0          10.188       0.00     2.13
 2007     1             0           0          13               0           0           9.678       0.00     2.13
 2008     1             0           0          11               0           0           9.195       0.00     2.13
 2009     1             0           0          11               0           0           8.735       0.00     2.13
 2010     1             0           0          11               0           0           8.298       0.00     2.13
 2011     1             0           0          10               0           0           7.883       0.00     2.13
 2012     1             0           0           9               0           0           7.489       0.00     2.13
 2013     1             0           0           9               0           0           7.115       0.00     2.13
 2014     1             0           0           9               0           0           6.759       0.00     2.13
 2015     1             0           0           8               0           0           6.421       0.00     2.13
 2016     1             0           0           7               0           0           6.100       0.00     2.13

 SUB-TOTAL              0           0         169               0           0         134.264       0.00     2.13
 REMAINDER              0           0          81               0           0          64.229       0.00     2.13
 TOTAL                  0           0         250               0           0         198.493       0.00     2.13

 CUMULATIVE             0           0       2,878    (A) NET GAS VOLUMES ACCOUNT FOR SURFACE LOSSES,
 ULTIMATE               0           0       3,128        SHRINKAGE FACTOR =   8.00 %
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>      <C>               <C>      <C>              <C>     <C>          <C>
 2002                0           0        26,642            0        26,642           0       1,154        25,488
 2003                0           0        25,310            0        25,310           0       1,096        24,214
 2004                0           0        24,044            0        24,044           0       1,041        23,003
 2005                0           0        22,843            0        22,843           0         989        21,854
 2006                0           0        21,700            0        21,700           0         939        20,761
 2007                0           0        20,615            0        20,615           0         893        19,722
 2008                0           0        19,584            0        19,584           0         848        18,736
 2009                0           0        18,605            0        18,605           0         806        17,799
 2010                0           0        17,675            0        17,675           0         765        16,910
 2011                0           0        16,791            0        16,791           0         727        16,064
 2012                0           0        15,952            0        15,952           0         691        15,261
 2013                0           0        15,154            0        15,154           0         656        14,498
 2014                0           0        14,396            0        14,396           0         623        13,773
 2015                0           0        13,677            0        13,677           0         592        13,085
 2016                0           0        12,992            0        12,992           0         563        12,429

 SUB-TOT             0           0       285,980            0       285,980           0      12,383       273,597
 REMAIN              0           0       136,809            0       136,809           0       5,924       130,885
 TOTAL               0           0       422,789            0       422,789           0      18,307       404,482
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>         <C>         <C>       <C>           <C>           <C>           <C>
 2002          5,400           0           0           0         5,400         20,088        20,088        19,130
 2003          5,400           0           0           0         5,400         18,814        38,902        16,219
 2004          5,400           0           0           0         5,400         17,603        56,505        13,737
 2005          5,400           0           0           0         5,400         16,454        72,959        11,623
 2006          5,400           0           0           0         5,400         15,361        88,320         9,823
 2007          5,400           0           0           0         5,400         14,322       102,642         8,290
 2008          5,400           0           0           0         5,400         13,336       115,978         6,987
 2009          5,400           0           0           0         5,400         12,399       128,377         5,882
 2010          5,400           0           0           0         5,400         11,510       139,887         4,942
 2011          5,400           0           0           0         5,400         10,664       150,551         4,144
 2012          5,400           0           0           0         5,400          9,861       160,412         3,470
 2013          5,400           0           0           0         5,400          9,098       169,510         2,898
 2014          5,400           0           0           0         5,400          8,373       177,883         2,414
 2015          5,400           0           0           0         5,400          7,685       185,568         2,005
 2016          5,400           0           0           0         5,400          7,029       192,597         1,661

 SUBTOT       81,000           0           0           0        81,000        192,597                     113,225
 REMAIN       85,050           0           0           0        85,050         45,835       238,432         6,714
 TOTAL       166,050           0           0           0       166,050        238,432                     119,939

   LIFE OF EVALUATION IS 30.75 YEARS.
   FINAL PRODUCTION RATE: 0.3 MMCF/MO
</TABLE>



<PAGE>



                                 TENGASCO, INC.                        TABLE 147
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 REICHEL FIELD, RUSH COUNTY, KANSAS                                                    GAS LEASE
   TENGASCO INC - OPERATOR   20-T16S-R17W                                              PROVED
     URBAN R & A #1   (WABAUNSEE)                                                      PRODUCING

                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000                                                                       5.00% -             0
 FINAL   -   1.000000                                                                      10.00% -             0
 REMARKS -                                                                                 15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>


<TABLE>
<CAPTION>
                ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE             0           0          72
 ULTIMATE               0           0          72
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0
 2016              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0.0 MMCF/MO
</TABLE>



<PAGE>


                                 TENGASCO, INC.                        TABLE 148
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 REICHEL EAST FIELD, RUSH COUNTY, KANSAS                                               GAS LEASE
   TENGASCO, INC. - OPERATOR   35-T17S-R18W                                            PROVED
     BAHR #1   (KSSC-LNSG)                                                             PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000                      0.875000                             2.13        5.00% -        48,933
 FINAL   -   1.000000                      0.875000                             2.13       10.00% -        34,052
 REMARKS -                                                                                 15.00% -        25,835
                                                                                           20.00% -        20,745
                                                                                           25.00% -        17,315
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF (A)   $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002     1             0           0           5               0           0           3.683       0.00     2.13
 2003     1             0           0           4               0           0           3.580       0.00     2.13
 2004     1             0           0           4               0           0           3.480       0.00     2.13
 2005     1             0           0           5               0           0           3.382       0.00     2.13
 2006     1             0           0           4               0           0           3.287       0.00     2.13
 2007     1             0           0           4               0           0           3.195       0.00     2.13
 2008     1             0           0           3               0           0           3.106       0.00     2.13
 2009     1             0           0           4               0           0           3.019       0.00     2.13
 2010     1             0           0           4               0           0           2.934       0.00     2.13
 2011     1             0           0           3               0           0           2.852       0.00     2.13
 2012     1             0           0           4               0           0           2.772       0.00     2.13
 2013     1             0           0           3               0           0           2.695       0.00     2.13
 2014     1             0           0           3               0           0           2.619       0.00     2.13
 2015     1             0           0           4               0           0           2.546       0.00     2.13
 2016     1             0           0           3               0           0           2.475       0.00     2.13

 SUB-TOTAL              0           0          57               0           0          45.625       0.00     2.13
 REMAINDER              0           0          51               0           0          41.624       0.00     2.13
 TOTAL                  0           0         108               0           0          87.249       0.00     2.13

 CUMULATIVE             0           0         137    (A) NET GAS VOLUMES ACCOUNT FOR SURFACE LOSSES,
 ULTIMATE               0           0         245        SHRINKAGE FACTOR =   8.00 %

</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>       <C>              <C>       <C>             <C>       <C>         <C>
 2002                0           0         7,845            0         7,845           0         340         7,505
 2003                0           0         7,625            0         7,625           0         330         7,295
 2004                0           0         7,411            0         7,411           0         321         7,090
 2005                0           0         7,204            0         7,204           0         312         6,892
 2006                0           0         7,003            0         7,003           0         303         6,700
 2007                0           0         6,806            0         6,806           0         295         6,511
 2008                0           0         6,616            0         6,616           0         286         6,330
 2009                0           0         6,430            0         6,430           0         279         6,151
 2010                0           0         6,251            0         6,251           0         270         5,981
 2011                0           0         6,075            0         6,075           0         263         5,812
 2012                0           0         5,905            0         5,905           0         256         5,649
 2013                0           0         5,740            0         5,740           0         248         5,492
 2014                0           0         5,580            0         5,580           0         242         5,338
 2015                0           0         5,423            0         5,423           0         235         5,188
 2016                0           0         5,271            0         5,271           0         228         5,043

 SUB-TOT             0           0        97,185            0        97,185           0       4,208        92,977
 REMAIN              0           0        88,659            0        88,659           0       3,839        84,820
 TOTAL               0           0       185,844            0       185,844           0       8,047       177,797
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>         <C>         <C>       <C>            <C>           <C>           <C>
 2002          2,544           0           0           0         2,544          4,961         4,961         4,724
 2003          2,544           0           0           0         2,544          4,751         9,712         4,095
 2004          2,544           0           0           0         2,544          4,546        14,258         3,546
 2005          2,544           0           0           0         2,544          4,348        18,606         3,071
 2006          2,544           0           0           0         2,544          4,156        22,762         2,657
 2007          2,544           0           0           0         2,544          3,967        26,729         2,296
 2008          2,544           0           0           0         2,544          3,786        30,515         1,984
 2009          2,544           0           0           0         2,544          3,607        34,122         1,710
 2010          2,544           0           0           0         2,544          3,437        37,559         1,476
 2011          2,544           0           0           0         2,544          3,268        40,827         1,269
 2012          2,544           0           0           0         2,544          3,105        43,932         1,093
 2013          2,544           0           0           0         2,544          2,948        46,880           938
 2014          2,544           0           0           0         2,544          2,794        49,674           806
 2015          2,544           0           0           0         2,544          2,644        52,318           690
 2016          2,544           0           0           0         2,544          2,499        54,817           590

 SUBTOT       38,160           0           0           0        38,160         54,817                      30,945
 REMAIN       59,360           0           0           0        59,360         25,460        80,277         3,107
 TOTAL        97,520           0           0           0        97,520         80,277                      34,052

   LIFE OF EVALUATION IS 38.33 YEARS.
   FINAL PRODUCTION RATE: 0.1 MMCF/MO
</TABLE>


<PAGE>


                                 TENGASCO, INC.                        TABLE 149
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 REICHEL WEST FIELD, RUSH COUNTY, KANSAS                                               GAS LEASE
   TENGASCO, INC. - OPERATOR   11-T17S-R18W                                            PROVED
     LEGLEITER -A- #1   (CHASE)                                                        PRODUCING

                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000                      0.738281                             2.13        5.00% -        58,918
 FINAL   -   1.000000                      0.738281                             2.13       10.00% -        47,206
 REMARKS -                                                                                 15.00% -        38,984
                                                                                           20.00% -        33,009
                                                                                           25.00% -        28,527
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF (A)   $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>        <C>              <C>         <C>        <C>          <C>      <C>
 2002     1             0           0          15               0           0          10.422       0.00     2.13
 2003     1             0           0          15               0           0          10.078       0.00     2.13
 2004     1             0           0          15               0           0           9.745       0.00     2.13
 2005     1             0           0          13               0           0           9.424       0.00     2.13
 2006     1             0           0          14               0           0           9.113       0.00     2.13
 2007     1             0           0          13               0           0           8.812       0.00     2.13
 2008     1             0           0          12               0           0           8.521       0.00     2.13
 2009     1             0           0          12               0           0           8.240       0.00     2.13
 2010     1             0           0          12               0           0           7.968       0.00     2.13
 2011     1             0           0          12               0           0           7.705       0.00     2.13
 2012     1             0           0          11               0           0           7.451       0.00     2.13
 2013     1             0           0          10               0           0           7.205       0.00     2.13
 2014     1             0           0          10               0           0           6.967       0.00     2.13
 2015     1             0           0          10               0           0           6.737       0.00     2.13
 2016     1             0           0          10               0           0           6.515       0.00     2.13

 SUB-TOTAL              0           0         184               0           0         124.903       0.00     2.13
 REMAINDER              0           0          23               0           0          15.852       0.00     2.13
 TOTAL                  0           0         207               0           0         140.755       0.00     2.13

 CUMULATIVE             0           0         249    (A) NET GAS VOLUMES ACCOUNT FOR SURFACE LOSSES,
 ULTIMATE               0           0         456        SHRINKAGE FACTOR =   8.00 %
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>      <C>               <C>      <C>              <C>       <C>        <C>
 2002                0           0        22,198            0        22,198           0         961        21,237
 2003                0           0        21,465            0        21,465           0         930        20,535
 2004                0           0        20,758            0        20,758           0         898        19,860
 2005                0           0        20,072            0        20,072           0         870        19,202
 2006                0           0        19,410            0        19,410           0         840        18,570
 2007                0           0        18,769            0        18,769           0         813        17,956
 2008                0           0        18,150            0        18,150           0         786        17,364
 2009                0           0        17,550            0        17,550           0         760        16,790
 2010                0           0        16,972            0        16,972           0         734        16,238
 2011                0           0        16,412            0        16,412           0         711        15,701
 2012                0           0        15,870            0        15,870           0         687        15,183
 2013                0           0        15,346            0        15,346           0         665        14,681
 2014                0           0        14,840            0        14,840           0         642        14,198
 2015                0           0        14,350            0        14,350           0         622        13,728
 2016                0           0        13,877            0        13,877           0         600        13,277

 SUB-TOT             0           0       266,039            0       266,039           0      11,519       254,520
 REMAIN              0           0        33,765            0        33,765           0       1,463        32,302
 TOTAL               0           0       299,804            0       299,804           0      12,982       286,822
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>           <C>              <C>         <C>         <C>      <C>             <C>           <C>           <C>
 2002         11,976           0           0           0        11,976          9,261         9,261         8,820
 2003         11,976           0           0           0        11,976          8,559        17,820         7,380
 2004         11,976           0           0           0        11,976          7,884        25,704         6,153
 2005         11,976           0           0           0        11,976          7,226        32,930         5,105
 2006         11,976           0           0           0        11,976          6,594        39,524         4,218
 2007         11,976           0           0           0        11,976          5,980        45,504         3,462
 2008         11,976           0           0           0        11,976          5,388        50,892         2,824
 2009         11,976           0           0           0        11,976          4,814        55,706         2,284
 2010         11,976           0           0           0        11,976          4,262        59,968         1,831
 2011         11,976           0           0           0        11,976          3,725        63,693         1,448
 2012         11,976           0           0           0        11,976          3,207        66,900         1,130
 2013         11,976           0           0           0        11,976          2,705        69,605           862
 2014         11,976           0           0           0        11,976          2,222        71,827           641
 2015         11,976           0           0           0        11,976          1,752        73,579           458
 2016         11,976           0           0           0        11,976          1,301        74,880           308

 SUBTOT      179,640           0           0           0       179,640         74,880                      46,924
 REMAIN       30,938           0           0           0        30,938          1,364        76,244           282
 TOTAL       210,578           0           0           0       210,578         76,244                      47,206

   LIFE OF EVALUATION IS 17.58 YEARS.
   FINAL PRODUCTION RATE: 0.7 MMCF/MO
</TABLE>



<PAGE>

                                 TENGASCO, INC.                        TABLE 150
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 REICHEL WEST FIELD, RUSH COUNTY, KANSAS                                               GAS LEASE
   TENGASCO, INC. - OPERATOR   11-T17S-R18W                                            PROVED
     LEGLEITER #1-2   (CHASE)                                                          PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000                      0.738281                             2.13        5.00% -         4,262
 FINAL   -   1.000000                      0.738281                             2.13       10.00% -         3,867
 REMARKS -                                                                                 15.00% -         3,527
                                                                                           20.00% -         3,235
                                                                                           25.00% -         2,981
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF (A)   $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002     1             0           0           5               0           0           3.626       0.00     2.13
 2003     1             0           0           6               0           0           3.506       0.00     2.13
 2004     1             0           0           4               0           0           3.391       0.00     2.13
 2005     1             0           0           5               0           0           3.279       0.00     2.13
 2006     1             0           0           5               0           0           3.171       0.00     2.13
 2007     1             0           0           5               0           0           3.066       0.00     2.13
 2008     1             0           0           2               0           0           1.495       0.00     2.13
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0          32               0           0          21.534       0.00     2.13
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0          32               0           0          21.534       0.00     2.13

 CUMULATIVE             0           0           2    (A) NET GAS VOLUMES ACCOUNT FOR SURFACE LOSSES,
 ULTIMATE               0           0          34        SHRINKAGE FACTOR =   8.00 %
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>       <C>              <C>       <C>             <C>       <C>         <C>
 2002                0           0         7,724            0         7,724           0         137         7,587
 2003                0           0         7,469            0         7,469           0         133         7,336
 2004                0           0         7,222            0         7,222           0         129         7,093
 2005                0           0         6,984            0         6,984           0         124         6,860
 2006                0           0         6,754            0         6,754           0         121         6,633
 2007                0           0         6,530            0         6,530           0         116         6,414
 2008                0           0         3,184            0         3,184           0          56         3,128
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0        45,867            0        45,867           0         816        45,051
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0        45,867            0        45,867           0         816        45,051
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>             <C>             <C>         <C>         <C>       <C>            <C>           <C>             <C>
 2003          6,204           0           0           0         6,204          1,132         2,515           977
 2004          6,204           0           0           0         6,204            889         3,404           695
 2005          6,204           0           0           0         6,204            656         4,060           465
 2006          6,204           0           0           0         6,204            429         4,489           275
 2007          6,204           0           0           0         6,204            210         4,699           122
 2008          3,102           0           0           0         3,102             26         4,725            15
 2009              0           0           0           0             0              0         4,725             0
 2010              0           0           0           0             0              0         4,725             0
 2011              0           0           0           0             0              0         4,725             0
 2012              0           0           0           0             0              0         4,725             0
 2013              0           0           0           0             0              0         4,725             0
 2014              0           0           0           0             0              0         4,725             0
 2015              0           0           0           0             0              0         4,725             0
 2016              0           0           0           0             0              0         4,725             0

 SUBTOT       40,326           0           0           0        40,326          4,725                       3,867
 REMAIN            0           0           0           0             0              0         4,725             0
 TOTAL        40,326           0           0           0        40,326          4,725                       3,867

   LIFE OF EVALUATION IS 6.50 YEARS.
   FINAL PRODUCTION RATE: 0.4 MMCF/MO
</TABLE>



<PAGE>



                                 TENGASCO, INC.                        TABLE 151
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 REICHEL WEST FIELD, RUSH COUNTY, KANSAS                                               GAS LEASE
   TENGASCO, INC. - OPERATOR   1-T17S-R18W                                             PROVED
     MUTH #1&#2   (CHSE-SHWN)                                                          PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000                      0.722656                             2.13        5.00% -       125,518
 FINAL   -   1.000000                      0.722656                             2.13       10.00% -        97,000
 REMARKS -                                                                                 15.00% -        78,201
                                                                                           20.00% -        65,157
                                                                                           25.00% -        55,697
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF (A)   $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>        <C>              <C>         <C>        <C>          <C>      <C>
 2002     2             0           0          22               0           0          14.762       0.00     2.13
 2003     2             0           0          22               0           0          14.187       0.00     2.13
 2004     2             0           0          20               0           0          13.633       0.00     2.13
 2005     2             0           0          20               0           0          13.102       0.00     2.13
 2006     2             0           0          19               0           0          12.591       0.00     2.13
 2007     2             0           0          18               0           0          12.100       0.00     2.13
 2008     2             0           0          17               0           0          11.628       0.00     2.13
 2009     2             0           0          17               0           0          11.174       0.00     2.13
 2010     2             0           0          16               0           0          10.738       0.00     2.13
 2011     2             0           0          16               0           0          10.320       0.00     2.13
 2012     2             0           0          15               0           0           9.917       0.00     2.13
 2013     2             0           0          14               0           0           9.530       0.00     2.13
 2014     2             0           0          14               0           0           9.159       0.00     2.13
 2015     2             0           0          13               0           0           8.802       0.00     2.13
 2016     2             0           0          13               0           0           8.458       0.00     2.13

 SUB-TOTAL              0           0         256               0           0         170.101       0.00     2.13
 REMAINDER              0           0          78               0           0          52.219       0.00     2.13
 TOTAL                  0           0         334               0           0         222.320       0.00     2.13

 CUMULATIVE             0           0         598    (A) NET GAS VOLUMES ACCOUNT FOR SURFACE LOSSES,
 ULTIMATE               0           0         932        SHRINKAGE FACTOR =   8.00 %
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>      <C>               <C>      <C>              <C>     <C>          <C>
 2002                0           0        31,444            0        31,444           0       1,362        30,082
 2003                0           0        30,217            0        30,217           0       1,308        28,909
 2004                0           0        29,039            0        29,039           0       1,257        27,782
 2005                0           0        27,907            0        27,907           0       1,209        26,698
 2006                0           0        26,818            0        26,818           0       1,161        25,657
 2007                0           0        25,772            0        25,772           0       1,116        24,656
 2008                0           0        24,767            0        24,767           0       1,072        23,695
 2009                0           0        23,801            0        23,801           0       1,031        22,770
 2010                0           0        22,873            0        22,873           0         990        21,883
 2011                0           0        21,981            0        21,981           0         952        21,029
 2012                0           0        21,124            0        21,124           0         915        20,209
 2013                0           0        20,299            0        20,299           0         879        19,420
 2014                0           0        19,509            0        19,509           0         844        18,665
 2015                0           0        18,747            0        18,747           0         812        17,935
 2016                0           0        18,016            0        18,016           0         780        17,236

 SUB-TOT             0           0       362,314            0       362,314           0      15,688       346,626
 REMAIN              0           0       111,227            0       111,227           0       4,816       106,411
 TOTAL               0           0       473,541            0       473,541           0      20,504       453,037
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>           <C>              <C>         <C>         <C>      <C>            <C>           <C>           <C>
 2002         12,660           0           0           0        12,660         17,422        17,422        16,592
 2003         12,660           0           0           0        12,660         16,249        33,671        14,008
 2004         12,660           0           0           0        12,660         15,122        48,793        11,801
 2005         12,660           0           0           0        12,660         14,038        62,831         9,917
 2006         12,660           0           0           0        12,660         12,997        75,828         8,312
 2007         12,660           0           0           0        12,660         11,996        87,824         6,944
 2008         12,660           0           0           0        12,660         11,035        98,859         5,783
 2009         12,660           0           0           0        12,660         10,110       108,969         4,796
 2010         12,660           0           0           0        12,660          9,223       118,192         3,961
 2011         12,660           0           0           0        12,660          8,369       126,561         3,253
 2012         12,660           0           0           0        12,660          7,549       134,110         2,657
 2013         12,660           0           0           0        12,660          6,760       140,870         2,153
 2014         12,660           0           0           0        12,660          6,005       146,875         1,732
 2015         12,660           0           0           0        12,660          5,275       152,150         1,377
 2016         12,660           0           0           0        12,660          4,576       156,726         1,082

 SUBTOT      189,900           0           0           0       189,900        156,726                      94,368
 REMAIN       91,785           0           0           0        91,785         14,626       171,352         2,632
 TOTAL       281,685           0           0           0       281,685        171,352                      97,000

   LIFE OF EVALUATION IS 22.25 YEARS.
   FINAL PRODUCTION RATE: 0.8 MMCF/MO
</TABLE>



<PAGE>


                                 TENGASCO, INC.                        TABLE 152
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 RIDGEWAY SOUTH FIELD, TREGO COUNTY, KANSAS                                            OIL LEASE
   TENGASCO, INC. - OPERATOR   34-T12S-R21W                                            PROVED
     SCHOENTHALER #3   (ARBUCKLE)                                                      PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000  0.820313                         17.24                               5.00% -        17,189
 FINAL   -   1.000000  0.820313                         17.24                              10.00% -        16,448
 REMARKS -                                                                                 15.00% -        15,761
                                                                                           20.00% -        15,122
                                                                                           25.00% -        14,528
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>       <C>             <C>         <C>         <C>             <C>         <C>        <C>       <C>
 2002     1         2,034           0           0           1,668           0           0.000      17.24     0.00
 2003     1         1,594           0           0           1,308           0           0.000      17.24     0.00
 2004     1         1,336           0           0           1,096           0           0.000      17.24     0.00
 2005     1           517           0           0             424           0           0.000      17.24     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL          5,481           0           0           4,496           0           0.000      17.24     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL              5,481           0           0           4,496           0           0.000      17.24     0.00

 CUMULATIVE        48,059           0           0
 ULTIMATE          53,540           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>             <C>              <C>           <C>          <C>      <C>          <C>             <C>      <C>
 2002           28,759           0             0            0        28,759       1,245           0        27,514
 2003           22,548           0             0            0        22,548         977           0        21,571
 2004           18,901           0             0            0        18,901         818           0        18,083
 2005            7,307           0             0            0         7,307         316           0         6,991
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT        77,515           0             0            0        77,515       3,356           0        74,159
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL          77,515           0             0            0        77,515       3,356           0        74,159
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>           <C>              <C>         <C>         <C>      <C>            <C>           <C>           <C>
 2002         16,440           0           0           0        16,440         11,074        11,074        10,593
 2003         16,440           0           0           0        16,440          5,131        16,205         4,458
 2004         16,440           0           0           0        16,440          1,643        17,848         1,294
 2005          6,850           0           0           0         6,850            141        17,989           103
 2006              0           0           0           0             0              0        17,989             0
 2007              0           0           0           0             0              0        17,989             0
 2008              0           0           0           0             0              0        17,989             0
 2009              0           0           0           0             0              0        17,989             0
 2010              0           0           0           0             0              0        17,989             0
 2011              0           0           0           0             0              0        17,989             0
 2012              0           0           0           0             0              0        17,989             0
 2013              0           0           0           0             0              0        17,989             0
 2014              0           0           0           0             0              0        17,989             0
 2015              0           0           0           0             0              0        17,989             0
 2016              0           0           0           0             0              0        17,989             0

 SUBTOT       56,170           0           0           0        56,170         17,989                      16,448
 REMAIN            0           0           0           0             0              0        17,989             0
 TOTAL        56,170           0           0           0        56,170         17,989                      16,448

   LIFE OF EVALUATION IS 3.42 YEARS.
   FINAL PRODUCTION RATE: 102 BBLS/MO
</TABLE>



<PAGE>


                                 TENGASCO, INC.                        TABLE 153
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 RIGA NORTHEAST FIELD, TREGO COUNTY, KANSAS                                            OIL LEASE
   TENGASCO, INC. - OPERATOR   9-T13S-R21W                                             PROVED
     KELLER #1   (KSSC-LNSG)                                                           PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000  0.875000                         17.24                               5.00% -         1,536
 FINAL   -   1.000000  0.875000                         17.24                              10.00% -         1,464
 REMARKS -                                                                                 15.00% -         1,397
                                                                                           20.00% -         1,335
                                                                                           25.00% -         1,278
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>         <C>           <C>         <C>           <C>           <C>         <C>        <C>       <C>
 2002     2           525           0           0             460           0           0.000      17.24     0.00
 2003     2           500           0           0             437           0           0.000      17.24     0.00
 2004     2           476           0           0             417           0           0.000      17.24     0.00
 2005     2            39           0           0              33           0           0.000      17.24     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL          1,540           0           0           1,347           0           0.000      17.24     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL              1,540           0           0           1,347           0           0.000      17.24     0.00

 CUMULATIVE        49,273           0           0
 ULTIMATE          50,813           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>              <C>             <C>           <C>          <C>       <C>           <C>           <C>       <C>
 2002            7,923           0             0            0         7,923         343           0         7,580
 2003            7,543           0             0            0         7,543         327           0         7,216
 2004            7,181           0             0            0         7,181         311           0         6,870
 2005              582           0             0            0           582          25           0           557
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT        23,229           0             0            0        23,229       1,006           0        22,223
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL          23,229           0             0            0        23,229       1,006           0        22,223
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>         <C>         <C>       <C>              <C>           <C>           <C>
 2002          6,684           0           0           0         6,684            896           896           856
 2003          6,684           0           0           0         6,684            532         1,428           461
 2004          6,684           0           0           0         6,684            186         1,614           147
 2005            557           0           0           0           557              0         1,614             0
 2006              0           0           0           0             0              0         1,614             0
 2007              0           0           0           0             0              0         1,614             0
 2008              0           0           0           0             0              0         1,614             0
 2009              0           0           0           0             0              0         1,614             0
 2010              0           0           0           0             0              0         1,614             0
 2011              0           0           0           0             0              0         1,614             0
 2012              0           0           0           0             0              0         1,614             0
 2013              0           0           0           0             0              0         1,614             0
 2014              0           0           0           0             0              0         1,614             0
 2015              0           0           0           0             0              0         1,614             0
 2016              0           0           0           0             0              0         1,614             0

 SUBTOT       20,609           0           0           0        20,609          1,614                       1,464
 REMAIN            0           0           0           0             0              0         1,614             0
 TOTAL        20,609           0           0           0        20,609          1,614                       1,464

   LIFE OF EVALUATION IS 3.08 YEARS.
   FINAL PRODUCTION RATE: 39 BBLS/MO
</TABLE>



<PAGE>


                                 TENGASCO, INC.                        TABLE 154
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 RIGA NORTHEAST FIELD, TREGO COUNTY, KANSAS                                            OIL LEASE
   TENGASCO, INC. - OPERATOR   9-T13S-R21W                                             PROVED
     KELLER -A- #1   (ARBUCKLE)                                                        PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000  0.875000                         17.24                               5.00% -        29,477
 FINAL   -   1.000000  0.875000                         17.24                              10.00% -        26,114
 REMARKS -                                                                                 15.00% -        23,346
                                                                                           20.00% -        21,045
                                                                                           25.00% -        19,114
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>       <C>             <C>         <C>         <C>             <C>         <C>        <C>       <C>
 2002     3         1,353           0           0           1,184           0           0.000      17.24     0.00
 2003     3         1,257           0           0           1,100           0           0.000      17.24     0.00
 2004     3         1,172           0           0           1,025           0           0.000      17.24     0.00
 2005     3         1,095           0           0             958           0           0.000      17.24     0.00
 2006     3         1,025           0           0             897           0           0.000      17.24     0.00
 2007     3           961           0           0             841           0           0.000      17.24     0.00
 2008     3           904           0           0             791           0           0.000      17.24     0.00
 2009     3           852           0           0             745           0           0.000      17.24     0.00
 2010     3           672           0           0             589           0           0.000      17.24     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL          9,291           0           0           8,130           0           0.000      17.24     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL              9,291           0           0           8,130           0           0.000      17.24     0.00

 CUMULATIVE       100,974           0           0
 ULTIMATE         110,265           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>             <C>              <C>           <C>          <C>      <C>            <C>           <C>      <C>
 2002           20,406           0             0            0        20,406         884           0        19,522
 2003           18,968           0             0            0        18,968         821           0        18,147
 2004           17,677           0             0            0        17,677         765           0        16,912
 2005           16,514           0             0            0        16,514         715           0        15,799
 2006           15,461           0             0            0        15,461         670           0        14,791
 2007           14,506           0             0            0        14,506         628           0        13,878
 2008           13,638           0             0            0        13,638         590           0        13,048
 2009           12,844           0             0            0        12,844         557           0        12,287
 2010           10,146           0             0            0        10,146         439           0         9,707
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT       140,160           0             0            0       140,160       6,069           0       134,091
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL         140,160           0             0            0       140,160       6,069           0       134,091
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>           <C>              <C>         <C>         <C>      <C>             <C>           <C>           <C>
 2002         11,376           0           0           0        11,376          8,146         8,146         7,765
 2003         11,376           0           0           0        11,376          6,771        14,917         5,843
 2004         11,376           0           0           0        11,376          5,536        20,453         4,325
 2005         11,376           0           0           0        11,376          4,423        24,876         3,129
 2006         11,376           0           0           0        11,376          3,415        28,291         2,188
 2007         11,376           0           0           0        11,376          2,502        30,793         1,451
 2008         11,376           0           0           0        11,376          1,672        32,465           879
 2009         11,376           0           0           0        11,376            911        33,376           435
 2010          9,480           0           0           0         9,480            227        33,603            99
 2011              0           0           0           0             0              0        33,603             0
 2012              0           0           0           0             0              0        33,603             0
 2013              0           0           0           0             0              0        33,603             0
 2014              0           0           0           0             0              0        33,603             0
 2015              0           0           0           0             0              0        33,603             0
 2016              0           0           0           0             0              0        33,603             0

 SUBTOT      100,488           0           0           0       100,488         33,603                      26,114
 REMAIN            0           0           0           0             0              0        33,603             0
 TOTAL       100,488           0           0           0       100,488         33,603                      26,114

   LIFE OF EVALUATION IS 8.83 YEARS.
   FINAL PRODUCTION RATE: 66 BBLS/MO
</TABLE>



<PAGE>



                                 TENGASCO, INC.                        TABLE 155
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 RUGGELS WEST FIELD, OSBORNE COUNTY, KANSAS                                            OIL LEASE
   TENGASCO, INC. - OPERATOR   16-T10S-R15W                                            PROVED
     MAIER #1   (KSSC-LNSG)                                                            PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   0.812500  0.676025                         17.24                               5.00% -           554
 FINAL   -   0.812500  0.676025                         17.24                              10.00% -           547
 REMARKS -                                                                                 15.00% -           541
                                                                                           20.00% -           535
                                                                                           25.00% -           530
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>         <C>           <C>         <C>           <C>           <C>         <C>        <C>       <C>
 2002     1           744           0           0             503           0           0.000      17.24     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL            744           0           0             503           0           0.000      17.24     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                744           0           0             503           0           0.000      17.24     0.00

 CUMULATIVE        10,151           0           0
 ULTIMATE          10,895           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>              <C>             <C>           <C>          <C>       <C>           <C>           <C>       <C>
 2002            8,673           0             0            0         8,673         376           0         8,297
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT         8,673           0             0            0         8,673         376           0         8,297
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL           8,673           0             0            0         8,673         376           0         8,297
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>         <C>         <C>       <C>              <C>           <C>           <C>
 2002          7,737           0           0           0         7,737            560           560           547
 2003              0           0           0           0             0              0           560             0
 2004              0           0           0           0             0              0           560             0
 2005              0           0           0           0             0              0           560             0
 2006              0           0           0           0             0              0           560             0
 2007              0           0           0           0             0              0           560             0
 2008              0           0           0           0             0              0           560             0
 2009              0           0           0           0             0              0           560             0
 2010              0           0           0           0             0              0           560             0
 2011              0           0           0           0             0              0           560             0
 2012              0           0           0           0             0              0           560             0
 2013              0           0           0           0             0              0           560             0
 2014              0           0           0           0             0              0           560             0
 2015              0           0           0           0             0              0           560             0
 2016              0           0           0           0             0              0           560             0

 SUBTOT        7,737           0           0           0         7,737            560                         547
 REMAIN            0           0           0           0             0              0           560             0
 TOTAL         7,737           0           0           0         7,737            560                         547

   LIFE OF EVALUATION IS 0.75 YEARS.
   FINAL PRODUCTION RATE: 77 BBLS/MO
</TABLE>



<PAGE>


                                 TENGASCO, INC.                        TABLE 156
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 RUGGELS WEST FIELD, OSBORNE COUNTY, KANSAS                                            OIL LEASE
   TENGASCO, INC. - OPERATOR   16-T10S-R15W                                            PROVED
     MAIER #1 BP   (KSSC-LNSG)                                                         BEHIND PIPE


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   0.812500  0.676025                         17.24                               5.00% -       129,325
 FINAL   -   0.812500  0.676025                         17.24                              10.00% -       100,755
 REMARKS -                                                                                 15.00% -        80,225
                                                                                           20.00% -        65,062
                                                                                           25.00% -        53,587
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
 <S>       <C>       <C>             <C>         <C>         <C>             <C>         <C>        <C>       <C>
2002                   0           0           0               0           0           0.000       0.00     0.00
 2003     1         3,446           0           0           2,330           0           0.000      17.24     0.00
 2004     1         3,157           0           0           2,134           0           0.000      17.24     0.00
 2005     1         2,892           0           0           1,955           0           0.000      17.24     0.00
 2006     1         2,648           0           0           1,790           0           0.000      17.24     0.00
 2007     1         2,426           0           0           1,640           0           0.000      17.24     0.00
 2008     1         2,222           0           0           1,502           0           0.000      17.24     0.00
 2009     1         2,035           0           0           1,376           0           0.000      17.24     0.00
 2010     1         1,864           0           0           1,260           0           0.000      17.24     0.00
 2011     1         1,707           0           0           1,154           0           0.000      17.24     0.00
 2012     1         1,564           0           0           1,057           0           0.000      17.24     0.00
 2013     1         1,432           0           0             968           0           0.000      17.24     0.00
 2014     1         1,312           0           0             887           0           0.000      17.24     0.00
 2015     1         1,202           0           0             813           0           0.000      17.24     0.00
 2016     1         1,100           0           0             744           0           0.000      17.24     0.00

 SUB-TOTAL         29,007           0           0          19,610           0           0.000      17.24     0.00
 REMAINDER          1,480           0           0           1,000           0           0.000      17.24     0.00
 TOTAL             30,487           0           0          20,610           0           0.000      17.24     0.00

 CUMULATIVE             0           0           0
 ULTIMATE          30,487           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2002                0           0             0            0             0           0           0             0
 2003           40,168           0             0            0        40,168       1,739           0        38,429
 2004           36,791           0             0            0        36,791       1,593           0        35,198
 2005           33,698           0             0            0        33,698       1,459           0        32,239
 2006           30,866           0             0            0        30,866       1,337           0        29,529
 2007           28,271           0             0            0        28,271       1,224           0        27,047
 2008           25,895           0             0            0        25,895       1,121           0        24,774
 2009           23,718           0             0            0        23,718       1,027           0        22,691
 2010           21,724           0             0            0        21,724         941           0        20,783
 2011           19,898           0             0            0        19,898         862           0        19,036
 2012           18,225           0             0            0        18,225         789           0        17,436
 2013           16,694           0             0            0        16,694         723           0        15,971
 2014           15,290           0             0            0        15,290         662           0        14,628
 2015           14,005           0             0            0        14,005         606           0        13,399
 2016           12,828           0             0            0        12,828         555           0        12,273

 SUB-TOT       338,071           0             0            0       338,071      14,638           0       323,433
 REMAIN         17,248           0             0            0        17,248         747           0        16,501
 TOTAL         355,319           0             0            0       355,319      15,385           0       339,934
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003         10,316           0       9,750           0        20,066         18,363        18,363        15,457
 2004         10,315           0           0           0        10,315         24,883        43,246        19,427
 2005         10,316           0           0           0        10,316         21,923        65,169        15,494
 2006         10,315           0           0           0        10,315         19,214        84,383        12,293
 2007         10,316           0           0           0        10,316         16,731       101,114         9,690
 2008         10,315           0           0           0        10,315         14,459       115,573         7,581
 2009         10,316           0           0           0        10,316         12,375       127,948         5,874
 2010         10,315           0           0           0        10,315         10,468       138,416         4,498
 2011         10,316           0           0           0        10,316          8,720       147,136         3,393
 2012         10,315           0           0           0        10,315          7,121       154,257         2,508
 2013         10,316           0           0           0        10,316          5,655       159,912         1,803
 2014         10,315           0           0           0        10,315          4,313       164,225         1,246
 2015         10,316           0           0           0        10,316          3,083       167,308           807
 2016         10,315           0           0           0        10,315          1,958       169,266           464

 SUBTOT      144,417           0       9,750           0       154,167        169,266                     100,535
 REMAIN       15,473           0           0           0        15,473          1,028       170,294           220
 TOTAL       159,890           0       9,750           0       169,640        170,294                     100,755

   LIFE OF EVALUATION IS 16.50 YEARS.
   FINAL PRODUCTION RATE: 77 BBLS/MO
</TABLE>


<PAGE>


                                 TENGASCO, INC.                        TABLE 157
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SANDFORD FIELD, BARTON COUNTY, KANSAS                                                 OIL LEASE
   TENGASCO, INC. - OPERATOR   26-T17S-R14W                                            PROVED
     BEN TEMPERO #1   (ARBUCKLE)                                                       PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000  0.820312                         17.24                               5.00% -        31,288
 FINAL   -   1.000000  0.820312                         17.24                              10.00% -        29,261
 REMARKS -                                                                                 15.00% -        27,443
                                                                                           20.00% -        25,809
                                                                                           25.00% -        24,335
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>       <C>             <C>         <C>         <C>             <C>         <C>        <C>       <C>
 2002     1         2,938           0           0           2,410           0           0.000      17.24     0.00
 2003     1         2,589           0           0           2,124           0           0.000      17.24     0.00
 2004     1         2,313           0           0           1,898           0           0.000      17.24     0.00
 2005     1         2,092           0           0           1,715           0           0.000      17.24     0.00
 2006     1         1,290           0           0           1,058           0           0.000      17.24     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL         11,222           0           0           9,205           0           0.000      17.24     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL             11,222           0           0           9,205           0           0.000      17.24     0.00

 CUMULATIVE       109,186           0           0
 ULTIMATE         120,408           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>             <C>              <C>           <C>          <C>      <C>          <C>             <C>      <C>
 2002           41,552           0             0            0        41,552       1,799           0        39,753
 2003           36,611           0             0            0        36,611       1,585           0        35,026
 2004           32,718           0             0            0        32,718       1,417           0        31,301
 2005           29,574           0             0            0        29,574       1,281           0        28,293
 2006           18,246           0             0            0        18,246         790           0        17,456
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT       158,701           0             0            0       158,701       6,872           0       151,829
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL         158,701           0             0            0       158,701       6,872           0       151,829
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>           <C>              <C>         <C>         <C>      <C>            <C>           <C>           <C>
 2002         25,344           0           0           0        25,344         14,409        14,409        13,757
 2003         25,344           0           0           0        25,344          9,682        24,091         8,371
 2004         25,344           0           0           0        25,344          5,957        30,048         4,668
 2005         25,344           0           0           0        25,344          2,949        32,997         2,097
 2006         16,896           0           0           0        16,896            560        33,557           368
 2007              0           0           0           0             0              0        33,557             0
 2008              0           0           0           0             0              0        33,557             0
 2009              0           0           0           0             0              0        33,557             0
 2010              0           0           0           0             0              0        33,557             0
 2011              0           0           0           0             0              0        33,557             0
 2012              0           0           0           0             0              0        33,557             0
 2013              0           0           0           0             0              0        33,557             0
 2014              0           0           0           0             0              0        33,557             0
 2015              0           0           0           0             0              0        33,557             0
 2016              0           0           0           0             0              0        33,557             0

 SUBTOT      118,272           0           0           0       118,272         33,557                      29,261
 REMAIN            0           0           0           0             0              0        33,557             0
 TOTAL       118,272           0           0           0       118,272         33,557                      29,261

   LIFE OF EVALUATION IS 4.67 YEARS.
   FINAL PRODUCTION RATE: 157 BBLS/MO
</TABLE>



<PAGE>



                                 TENGASCO, INC.                        TABLE 158
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SANDFORD FIELD, BARTON COUNTY, KANSAS                                                 OIL LEASE
   TENGASCO, INC. - OPERATOR   26-T17S-R14W                                            PROVED
     BEN TEMPERO #5 PUD   (ARBUCKLE)                                                   UNDEVELOPED


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000  0.820312                         17.24                               5.00% -        67,884
 FINAL   -   1.000000  0.820312                         17.24                              10.00% -        43,716
 REMARKS -                                                                                 15.00% -        26,491
                                                                                           20.00% -        13,920
                                                                                           25.00% -         4,554
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>       <C>             <C>         <C>         <C>             <C>         <C>        <C>       <C>
 2002     1         3,782           0           0           3,102           0           0.000      17.24     0.00
 2003     1         3,560           0           0           2,921           0           0.000      17.24     0.00
 2004     1         2,853           0           0           2,340           0           0.000      17.24     0.00
 2005     1         2,694           0           0           2,210           0           0.000      17.24     0.00
 2006     1         2,544           0           0           2,087           0           0.000      17.24     0.00
 2007     1         2,402           0           0           1,970           0           0.000      17.24     0.00
 2008     1         2,268           0           0           1,861           0           0.000      17.24     0.00
 2009     1         2,142           0           0           1,757           0           0.000      17.24     0.00
 2010     1         2,023           0           0           1,659           0           0.000      17.24     0.00
 2011     1         1,910           0           0           1,567           0           0.000      17.24     0.00
 2012     1         1,804           0           0           1,480           0           0.000      17.24     0.00
 2013     1         1,703           0           0           1,397           0           0.000      17.24     0.00
 2014     1         1,609           0           0           1,320           0           0.000      17.24     0.00
 2015     1         1,519           0           0           1,246           0           0.000      17.24     0.00
 2016     1         1,434           0           0           1,176           0           0.000      17.24     0.00

 SUB-TOTAL         34,247           0           0          28,093           0           0.000      17.24     0.00
 REMAINDER          1,134           0           0             930           0           0.000      17.24     0.00
 TOTAL             35,381           0           0          29,023           0           0.000      17.24     0.00

 CUMULATIVE             0           0           0
 ULTIMATE          35,381           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>             <C>              <C>           <C>          <C>      <C>          <C>             <C>      <C>
 2002           53,487           0             0            0        53,487       2,316           0        51,171
 2003           50,351           0             0            0        50,351       2,180           0        48,171
 2004           40,344           0             0            0        40,344       1,747           0        38,597
 2005           38,096           0             0            0        38,096       1,650           0        36,446
 2006           35,975           0             0            0        35,975       1,557           0        34,418
 2007           33,972           0             0            0        33,972       1,471           0        32,501
 2008           32,080           0             0            0        32,080       1,389           0        30,691
 2009           30,293           0             0            0        30,293       1,312           0        28,981
 2010           28,606           0             0            0        28,606       1,239           0        27,367
 2011           27,013           0             0            0        27,013       1,169           0        25,844
 2012           25,509           0             0            0        25,509       1,105           0        24,404
 2013           24,088           0             0            0        24,088       1,043           0        23,045
 2014           22,747           0             0            0        22,747         985           0        21,762
 2015           21,479           0             0            0        21,479         930           0        20,549
 2016           20,284           0             0            0        20,284         878           0        19,406

 SUB-TOT       484,324           0             0            0       484,324      20,971           0       463,353
 REMAIN         16,038           0             0            0        16,038         695           0        15,343
 TOTAL         500,362           0             0            0       500,362      21,666           0       478,696
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>              <C>         <C>         <C>      <C>            <C>           <C>           <C>
 2003         18,000           0           0           0        18,000         30,171       -27,658        26,226
 2004         18,000           0           0           0        18,000         20,597        -7,061        16,078
 2005         18,000           0           0           0        18,000         18,446        11,385        13,035
 2006         18,000           0           0           0        18,000         16,418        27,803        10,503
 2007         18,000           0           0           0        18,000         14,501        42,304         8,398
 2008         18,000           0           0           0        18,000         12,691        54,995         6,653
 2009         18,000           0           0           0        18,000         10,981        65,976         5,212
 2010         18,000           0           0           0        18,000          9,367        75,343         4,025
 2011         18,000           0           0           0        18,000          7,844        83,187         3,052
 2012         18,000           0           0           0        18,000          6,404        89,591         2,255
 2013         18,000           0           0           0        18,000          5,045        94,636         1,610
 2014         18,000           0           0           0        18,000          3,762        98,398         1,086
 2015         18,000           0           0           0        18,000          2,549       100,947           668
 2016         18,000           0           0           0        18,000          1,406       102,353           334

 SUBTOT      261,000           0     100,000           0       361,000        102,353                      43,641
 REMAIN       15,000           0           0           0        15,000            343       102,696            75
 TOTAL       276,000           0     100,000           0       376,000        102,696                      43,716

   LIFE OF EVALUATION IS 15.83 YEARS.
   FINAL PRODUCTION RATE: 111 BBLS/MO
</TABLE>



<PAGE>



                                 TENGASCO, INC.                        TABLE 159
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SCHWINDT FIELD, RUSH COUNTY, KANSAS                                                   OIL LEASE
   TENGASCO, INC. - OPERATOR   30-T17S-R18W                                            PROVED
     JACOBS -B- #3   (CNGL-LNSG-MSSP-VIOL)                                             PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000  0.875000                         17.24                               5.00% -        48,440
 FINAL   -   1.000000  0.875000                         17.24                              10.00% -        41,122
 REMARKS -                                                                                 15.00% -        35,478
                                                                                           20.00% -        31,047
                                                                                           25.00% -        27,510
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>       <C>             <C>         <C>         <C>             <C>         <C>        <C>       <C>
 2002     1         1,847           0           0           1,616           0           0.000      17.24     0.00
 2003     1         1,774           0           0           1,552           0           0.000      17.24     0.00
 2004     1         1,702           0           0           1,490           0           0.000      17.24     0.00
 2005     1         1,634           0           0           1,430           0           0.000      17.24     0.00
 2006     1         1,569           0           0           1,372           0           0.000      17.24     0.00
 2007     1         1,506           0           0           1,318           0           0.000      17.24     0.00
 2008     1         1,446           0           0           1,266           0           0.000      17.24     0.00
 2009     1         1,389           0           0           1,214           0           0.000      17.24     0.00
 2010     1         1,332           0           0           1,166           0           0.000      17.24     0.00
 2011     1         1,279           0           0           1,120           0           0.000      17.24     0.00
 2012     1         1,228           0           0           1,074           0           0.000      17.24     0.00
 2013     1         1,179           0           0           1,032           0           0.000      17.24     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL         17,885           0           0          15,650           0           0.000      17.24     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL             17,885           0           0          15,650           0           0.000      17.24     0.00

 CUMULATIVE        73,607           0           0
 ULTIMATE          91,492           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>             <C>              <C>           <C>          <C>      <C>          <C>             <C>      <C>
 2002           27,866           0             0            0        27,866       1,207           0        26,659
 2003           26,751           0             0            0        26,751       1,158           0        25,593
 2004           25,681           0             0            0        25,681       1,112           0        24,569
 2005           24,653           0             0            0        24,653       1,067           0        23,586
 2006           23,668           0             0            0        23,668       1,025           0        22,643
 2007           22,721           0             0            0        22,721         984           0        21,737
 2008           21,812           0             0            0        21,812         944           0        20,868
 2009           20,939           0             0            0        20,939         907           0        20,032
 2010           20,102           0             0            0        20,102         871           0        19,231
 2011           19,298           0             0            0        19,298         835           0        18,463
 2012           18,526           0             0            0        18,526         802           0        17,724
 2013           17,785           0             0            0        17,785         770           0        17,015
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT       269,802           0             0            0       269,802      11,682           0       258,120
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL         269,802           0             0            0       269,802      11,682           0       258,120
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>           <C>              <C>         <C>         <C>      <C>             <C>           <C>           <C>
 2002         16,668           0           0           0        16,668          9,991         9,991         9,518
 2003         16,668           0           0           0        16,668          8,925        18,916         7,697
 2004         16,668           0           0           0        16,668          7,901        26,817         6,169
 2005         16,668           0           0           0        16,668          6,918        33,735         4,890
 2006         16,668           0           0           0        16,668          5,975        39,710         3,823
 2007         16,668           0           0           0        16,668          5,069        44,779         2,937
 2008         16,668           0           0           0        16,668          4,200        48,979         2,203
 2009         16,668           0           0           0        16,668          3,364        52,343         1,597
 2010         16,668           0           0           0        16,668          2,563        54,906         1,103
 2011         16,668           0           0           0        16,668          1,795        56,701           700
 2012         16,668           0           0           0        16,668          1,056        57,757           373
 2013         16,668           0           0           0        16,668            347        58,104           112
 2014              0           0           0           0             0              0        58,104             0
 2015              0           0           0           0             0              0        58,104             0
 2016              0           0           0           0             0              0        58,104             0

 SUBTOT      200,016           0           0           0       200,016         58,104                      41,122
 REMAIN            0           0           0           0             0              0        58,104             0
 TOTAL       200,016           0           0           0       200,016         58,104                      41,122

   LIFE OF EVALUATION IS 12.00 YEARS.
   FINAL PRODUCTION RATE: 96 BBLS/MO
</TABLE>



<PAGE>



                                 TENGASCO, INC.                        TABLE 160
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SPRING CREEK FIELD, TREGO COUNTY, KANSAS                                              OIL LEASE
   TENGASCO, INC. - OPERATOR   32-T12S-R21W                                            PROVED
     RIDGWAY #1   (ARBUCKLE)                                                           PRODUCING

                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>      <C>           <C>         <C>
 INITIAL -   1.000000  0.779300                         17.24                               5.00% -        71,644
 FINAL   -   1.000000  0.779300                         17.24                              10.00% -        62,240
 REMARKS -                                                                                 15.00% -        54,740
                                                                                           20.00% -        48,676
                                                                                           25.00% -        43,709
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>       <C>             <C>         <C>         <C>             <C>         <C>        <C>       <C>
 2002     1         2,332           0           0           1,817           0           0.000      17.24     0.00
 2003     1         2,139           0           0           1,668           0           0.000      17.24     0.00
 2004     1         1,964           0           0           1,530           0           0.000      17.24     0.00
 2005     1         1,801           0           0           1,404           0           0.000      17.24     0.00
 2006     1         1,653           0           0           1,288           0           0.000      17.24     0.00
 2007     1         1,517           0           0           1,182           0           0.000      17.24     0.00
 2008     1         1,392           0           0           1,085           0           0.000      17.24     0.00
 2009     1         1,277           0           0             995           0           0.000      17.24     0.00
 2010     1         1,172           0           0             913           0           0.000      17.24     0.00
 2011     1         1,076           0           0             838           0           0.000      17.24     0.00
 2012     1           504           0           0             393           0           0.000      17.24     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL         16,827           0           0          13,113           0           0.000      17.24     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL             16,827           0           0          13,113           0           0.000      17.24     0.00

 CUMULATIVE       109,501           0           0
 ULTIMATE         126,328           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>             <C>              <C>           <C>          <C>      <C>          <C>             <C>      <C>
 2002           31,328           0             0            0        31,328       1,356           0        29,972
 2003           28,746           0             0            0        28,746       1,245           0        27,501
 2004           26,378           0             0            0        26,378       1,142           0        25,236
 2005           24,204           0             0            0        24,204       1,048           0        23,156
 2006           22,210           0             0            0        22,210         962           0        21,248
 2007           20,380           0             0            0        20,380         883           0        19,497
 2008           18,700           0             0            0        18,700         809           0        17,891
 2009           17,159           0             0            0        17,159         743           0        16,416
 2010           15,746           0             0            0        15,746         682           0        15,064
 2011           14,448           0             0            0        14,448         626           0        13,822
 2012            6,771           0             0            0         6,771         293           0         6,478
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT       226,070           0             0            0       226,070       9,789           0       216,281
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL         226,070           0             0            0       226,070       9,789           0       216,281
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>           <C>              <C>         <C>         <C>      <C>            <C>           <C>           <C>
 2002         12,636           0           0           0        12,636         17,336        17,336        16,521
 2003         12,636           0           0           0        12,636         14,865        32,201        12,824
 2004         12,636           0           0           0        12,636         12,600        44,801         9,841
 2005         12,636           0           0           0        12,636         10,520        55,321         7,439
 2006         12,636           0           0           0        12,636          8,612        63,933         5,513
 2007         12,636           0           0           0        12,636          6,861        70,794         3,977
 2008         12,636           0           0           0        12,636          5,255        76,049         2,759
 2009         12,636           0           0           0        12,636          3,780        79,829         1,797
 2010         12,636           0           0           0        12,636          2,428        82,257         1,047
 2011         12,636           0           0           0        12,636          1,186        83,443           464
 2012          6,318           0           0           0         6,318            160        83,603            58
 2013              0           0           0           0             0              0        83,603             0
 2014              0           0           0           0             0              0        83,603             0
 2015              0           0           0           0             0              0        83,603             0
 2016              0           0           0           0             0              0        83,603             0

 SUBTOT      132,678           0           0           0       132,678         83,603                      62,240
 REMAIN            0           0           0           0             0              0        83,603             0
 TOTAL       132,678           0           0           0       132,678         83,603                      62,240

   LIFE OF EVALUATION IS 10.50 YEARS.
   FINAL PRODUCTION RATE: 83 BBLS/MO
</TABLE>


<PAGE>


                                 TENGASCO, INC.                        TABLE 161
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 STOCKTON FIELD, ROOKS COUNTY, KANSAS                                                  OIL LEASE
   TENGASCO, INC. - OPERATOR   35-T7S-R17W                                             PROVED
     HINDMAN, D.A. #1   (TOPEKA)                                                       PRODUCING

                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>      <C>           <C>             <C>
 INITIAL -   1.000000  0.809370                         17.24                               5.00% -         3,378
 FINAL   -   1.000000  0.809370                         17.24                              10.00% -         3,124
 REMARKS -                                                                                 15.00% -         2,899
                                                                                           20.00% -         2,699
                                                                                           25.00% -         2,521
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>         <C>           <C>         <C>           <C>           <C>         <C>        <C>       <C>
 2002     1           680           0           0             550           0           0.000      17.24     0.00
 2003     1           657           0           0             532           0           0.000      17.24     0.00
 2004     1           634           0           0             514           0           0.000      17.24     0.00
 2005     1           614           0           0             496           0           0.000      17.24     0.00
 2006     1           593           0           0             480           0           0.000      17.24     0.00
 2007     1            49           0           0              40           0           0.000      17.24     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL          3,227           0           0           2,612           0           0.000      17.24     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL              3,227           0           0           2,612           0           0.000      17.24     0.00

 CUMULATIVE        49,403           0           0
 ULTIMATE          52,630           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>              <C>             <C>           <C>          <C>       <C>           <C>           <C>       <C>
 2002            9,484           0             0            0         9,484         411           0         9,073
 2003            9,165           0             0            0         9,165         397           0         8,768
 2004            8,859           0             0            0         8,859         383           0         8,476
 2005            8,562           0             0            0         8,562         371           0         8,191
 2006            8,275           0             0            0         8,275         358           0         7,917
 2007              677           0             0            0           677          29           0           648
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT        45,022           0             0            0        45,022       1,949           0        43,073
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL          45,022           0             0            0        45,022       1,949           0        43,073
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>         <C>         <C>       <C>            <C>           <C>           <C>
 2002          7,752           0           0           0         7,752          1,321         1,321         1,260
 2003          7,752           0           0           0         7,752          1,016         2,337           877
 2004          7,752           0           0           0         7,752            724         3,061           567
 2005          7,752           0           0           0         7,752            439         3,500           311
 2006          7,752           0           0           0         7,752            165         3,665           107
 2007            646           0           0           0           646              2         3,667             2
 2008              0           0           0           0             0              0         3,667             0
 2009              0           0           0           0             0              0         3,667             0
 2010              0           0           0           0             0              0         3,667             0
 2011              0           0           0           0             0              0         3,667             0
 2012              0           0           0           0             0              0         3,667             0
 2013              0           0           0           0             0              0         3,667             0
 2014              0           0           0           0             0              0         3,667             0
 2015              0           0           0           0             0              0         3,667             0
 2016              0           0           0           0             0              0         3,667             0

 SUBTOT       39,406           0           0           0        39,406          3,667                       3,124
 REMAIN            0           0           0           0             0              0         3,667             0
 TOTAL        39,406           0           0           0        39,406          3,667                       3,124

   LIFE OF EVALUATION IS 5.08 YEARS.
   FINAL PRODUCTION RATE: 49 BBLS/MO
</TABLE>


<PAGE>


                                 TENGASCO, INC.                        TABLE 162
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 STOCKTON FIELD, ROOKS COUNTY, KANSAS                                                  OIL LEASE
   TENGASCO, INC. - OPERATOR   26-T7S-R17W                                             PROVED
     STEBBINS #1   (HOWARD)                                                            PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>        <C>         <C>         <C>        <C>         <C>            <C>
 INITIAL -   0.925000  0.751570                         17.24                               5.00% -        19,085
 FINAL   -   0.925000  0.751570                         17.24                              10.00% -        16,208
 REMARKS -                                                                                 15.00% -        13,987
                                                                                           20.00% -        12,241
                                                                                           25.00% -        10,846
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>         <C>           <C>         <C>           <C>           <C>         <C>        <C>       <C>
 2002     1           951           0           0             715           0           0.000      17.24     0.00
 2003     1           918           0           0             690           0           0.000      17.24     0.00
 2004     1           886           0           0             665           0           0.000      17.24     0.00
 2005     1           854           0           0             643           0           0.000      17.24     0.00
 2006     1           825           0           0             619           0           0.000      17.24     0.00
 2007     1           796           0           0             599           0           0.000      17.24     0.00
 2008     1           768           0           0             577           0           0.000      17.24     0.00
 2009     1           741           0           0             557           0           0.000      17.24     0.00
 2010     1           715           0           0             537           0           0.000      17.24     0.00
 2011     1           690           0           0             519           0           0.000      17.24     0.00
 2012     1           666           0           0             501           0           0.000      17.24     0.00
 2013     1           591           0           0             443           0           0.000      17.24     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL          9,401           0           0           7,065           0           0.000      17.24     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL              9,401           0           0           7,065           0           0.000      17.24     0.00

 CUMULATIVE        45,296           0           0
 ULTIMATE          54,697           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>             <C>              <C>           <C>          <C>      <C>         <C>             <C>      <C>
 2002           12,323           0             0            0        12,323         534           0        11,789
 2003           11,892           0             0            0        11,892         515           0        11,377
 2004           11,476           0             0            0        11,476         496           0        10,980
 2005           11,074           0             0            0        11,074         480           0        10,594
 2006           10,686           0             0            0        10,686         463           0        10,223
 2007           10,313           0             0            0        10,313         446           0         9,867
 2008            9,951           0             0            0         9,951         431           0         9,520
 2009            9,603           0             0            0         9,603         416           0         9,187
 2010            9,268           0             0            0         9,268         401           0         8,867
 2011            8,942           0             0            0         8,942         387           0         8,555
 2012            8,630           0             0            0         8,630         374           0         8,256
 2013            7,645           0             0            0         7,645         331           0         7,314
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT       121,803           0             0            0       121,803       5,274           0       116,529
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL         121,803           0             0            0       121,803       5,274           0       116,529
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>         <C>         <C>       <C>           <C>           <C>           <C>
 2002          7,859           0           0           0         7,859          3,930         3,930         3,744
 2003          7,859           0           0           0         7,859          3,518         7,448         3,034
 2004          7,858           0           0           0         7,858          3,122        10,570         2,437
 2005          7,859           0           0           0         7,859          2,735        13,305         1,933
 2006          7,859           0           0           0         7,859          2,364        15,669         1,513
 2007          7,859           0           0           0         7,859          2,008        17,677         1,164
 2008          7,859           0           0           0         7,859          1,661        19,338           871
 2009          7,858           0           0           0         7,858          1,329        20,667           631
 2010          7,859           0           0           0         7,859          1,008        21,675           434
 2011          7,859           0           0           0         7,859            696        22,371           271
 2012          7,859           0           0           0         7,859            397        22,768           140
 2013          7,204           0           0           0         7,204            110        22,878            36
 2014              0           0           0           0             0              0        22,878             0
 2015              0           0           0           0             0              0        22,878             0
 2016              0           0           0           0             0              0        22,878             0

 SUBTOT       93,651           0           0           0        93,651         22,878                      16,208
 REMAIN            0           0           0           0             0              0        22,878             0
 TOTAL        93,651           0           0           0        93,651         22,878                      16,208

   LIFE OF EVALUATION IS 11.92 YEARS.
   FINAL PRODUCTION RATE: 53 BBLS/MO
</TABLE>


<PAGE>



                                 TENGASCO, INC.                        TABLE 163
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 STOCKTON FIELD, ROOKS COUNTY, KANSAS                                                  OIL LEASE
   TENGASCO, INC. - OPERATOR   26-T7S-R17W                                             PROVED
     WATTS #1                                                                          PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>        <C>         <C>         <C>       <C>          <C>              <C>
 INITIAL -   0.925000  0.809380                         17.24                               5.00% -         4,857
 FINAL   -   0.925000  0.809380                         17.24                              10.00% -         4,500
 REMARKS -                                                                                 15.00% -         4,184
                                                                                           20.00% -         3,903
                                                                                           25.00% -         3,652
</TABLE>


<TABLE>
<CAPTION>

                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>         <C>           <C>         <C>           <C>           <C>         <C>        <C>       <C>
 2002     1           707           0           0             573           0           0.000      17.24     0.00
 2003     1           672           0           0             543           0           0.000      17.24     0.00
 2004     1           639           0           0             517           0           0.000      17.24     0.00
 2005     1           606           0           0             491           0           0.000      17.24     0.00
 2006     1           576           0           0             466           0           0.000      17.24     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL          3,200           0           0           2,590           0           0.000      17.24     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL              3,200           0           0           2,590           0           0.000      17.24     0.00

 CUMULATIVE        41,926           0           0
 ULTIMATE          45,126           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>              <C>             <C>           <C>          <C>       <C>           <C>           <C>       <C>
 2002            9,870           0             0            0         9,870         427           0         9,443
 2003            9,377           0             0            0         9,377         406           0         8,971
 2004            8,908           0             0            0         8,908         386           0         8,522
 2005            8,462           0             0            0         8,462         367           0         8,095
 2006            8,040           0             0            0         8,040         348           0         7,692
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT        44,657           0             0            0        44,657       1,934           0        42,723
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL          44,657           0             0            0        44,657       1,934           0        42,723
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>         <C>         <C>       <C>            <C>           <C>           <C>
 2002          7,493           0           0           0         7,493          1,950         1,950         1,860
 2003          7,492           0           0           0         7,492          1,479         3,429         1,277
 2004          7,493           0           0           0         7,493          1,029         4,458           806
 2005          7,492           0           0           0         7,492            603         5,061           428
 2006          7,493           0           0           0         7,493            199         5,260           129
 2007              0           0           0           0             0              0         5,260             0
 2008              0           0           0           0             0              0         5,260             0
 2009              0           0           0           0             0              0         5,260             0
 2010              0           0           0           0             0              0         5,260             0
 2011              0           0           0           0             0              0         5,260             0
 2012              0           0           0           0             0              0         5,260             0
 2013              0           0           0           0             0              0         5,260             0
 2014              0           0           0           0             0              0         5,260             0
 2015              0           0           0           0             0              0         5,260             0
 2016              0           0           0           0             0              0         5,260             0

 SUBTOT       37,463           0           0           0        37,463          5,260                       4,500
 REMAIN            0           0           0           0             0              0         5,260             0
 TOTAL        37,463           0           0           0        37,463          5,260                       4,500

   LIFE OF EVALUATION IS 5.00 YEARS.
   FINAL PRODUCTION RATE: 47 BBLS/MO
</TABLE>

<PAGE>


                                 TENGASCO, INC.                        TABLE 164
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 STREMEL FIELD, RUSH COUNTY, KANSAS                                                    OIL LEASE
   TENGASCO, INC. - OPERATOR   30-T16S-R16W                                            PROVED
     OCHS #1   (MISSISSIPPIAN)                                                         PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>        <C>         <C>         <C>       <C>          <C>              <C>
 INITIAL -   1.000000                                                                       5.00% -             0
 FINAL   -   1.000000                                                                      10.00% -             0
 REMARKS -                                                                                 15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF (A)   $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE        24,079           0         180    (A) NET GAS VOLUMES ACCOUNT FOR SURFACE LOSSES,
 ULTIMATE          24,079           0         180        SHRINKAGE FACTOR =   8.00 %
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0
 2016              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0 BBLS/MO
</TABLE>

<PAGE>

                                 TENGASCO, INC.                        TABLE 165
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 STREMEL FIELD, RUSH COUNTY, KANSAS                                                    OIL LEASE
   TENGASCO, INC. - OPERATOR   30-T16S-R16W                                            PROVED
     URBAN -D- #2   (KSSC-LNSG)                                                        PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>        <C>         <C>         <C>       <C>          <C>              <C>
 INITIAL -   1.000000  0.875000                         17.24                               5.00% -         5,356
 FINAL   -   1.000000  0.875000                         17.24                              10.00% -         4,969
 REMARKS -                                                                                 15.00% -         4,626
                                                                                           20.00% -         4,320
                                                                                           25.00% -         4,046
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>         <C>           <C>         <C>           <C>           <C>         <C>        <C>       <C>
 2002     2           859           0           0             752           0           0.000      17.24     0.00
 2003     2           823           0           0             720           0           0.000      17.24     0.00
 2004     2           787           0           0             688           0           0.000      17.24     0.00
 2005     2           753           0           0             660           0           0.000      17.24     0.00
 2006     2           662           0           0             579           0           0.000      17.24     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL          3,884           0           0           3,399           0           0.000      17.24     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL              3,884           0           0           3,399           0           0.000      17.24     0.00

 CUMULATIVE        57,802           0           0
 ULTIMATE          61,686           0           0
</TABLE>


<TABLE>
<CAPTION>

                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>             <C>              <C>           <C>          <C>      <C>            <C>           <C>      <C>
 2002           12,965           0             0            0        12,965         561           0        12,404
 2003           12,408           0             0            0        12,408         538           0        11,870
 2004           11,874           0             0            0        11,874         514           0        11,360
 2005           11,363           0             0            0        11,363         492           0        10,871
 2006            9,987           0             0            0         9,987         432           0         9,555
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT        58,597           0             0            0        58,597       2,537           0        56,060
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL          58,597           0             0            0        58,597       2,537           0        56,060
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>           <C>              <C>         <C>         <C>      <C>             <C>           <C>           <C>
 2002         10,224           0           0           0        10,224          2,180         2,180         2,079
 2003         10,224           0           0           0        10,224          1,646         3,826         1,422
 2004         10,224           0           0           0        10,224          1,136         4,962           889
 2005         10,224           0           0           0        10,224            647         5,609           460
 2006          9,372           0           0           0         9,372            183         5,792           119
 2007              0           0           0           0             0              0         5,792             0
 2008              0           0           0           0             0              0         5,792             0
 2009              0           0           0           0             0              0         5,792             0
 2010              0           0           0           0             0              0         5,792             0
 2011              0           0           0           0             0              0         5,792             0
 2012              0           0           0           0             0              0         5,792             0
 2013              0           0           0           0             0              0         5,792             0
 2014              0           0           0           0             0              0         5,792             0
 2015              0           0           0           0             0              0         5,792             0
 2016              0           0           0           0             0              0         5,792             0

 SUBTOT       50,268           0           0           0        50,268          5,792                       4,969
 REMAIN            0           0           0           0             0              0         5,792             0
 TOTAL        50,268           0           0           0        50,268          5,792                       4,969

   LIFE OF EVALUATION IS 4.92 YEARS.
   FINAL PRODUCTION RATE: 59 BBLS/MO
</TABLE>

<PAGE>



                                 TENGASCO, INC.                        TABLE 166
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 THACKER FIELD, RUSSELL COUNTY, KANSAS                                                 OIL LEASE
   TENGASCO, INC. - OPERATOR   29-T13S-R13W                                            PROVED
     THACKER #2   (KC-LANSING)                                                         PRODUCING

                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>        <C>         <C>         <C>       <C>          <C>              <C>
 INITIAL -   1.000000  0.847656                         17.24                               5.00% -       255,714
 FINAL   -   1.000000  0.847656                         17.24                              10.00% -       178,127
 REMARKS -                                                                                 15.00% -       135,650
                                                                                           20.00% -       109,381
                                                                                           25.00% -        91,642
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>       <C>             <C>         <C>         <C>             <C>         <C>        <C>       <C>
 2002     1         2,018           0           0           1,711           0           0.000      17.24     0.00
 2003     1         1,917           0           0           1,624           0           0.000      17.24     0.00
 2004     1         1,821           0           0           1,544           0           0.000      17.24     0.00
 2005     1         1,730           0           0           1,467           0           0.000      17.24     0.00
 2006     1         1,644           0           0           1,393           0           0.000      17.24     0.00
 2007     1         1,561           0           0           1,324           0           0.000      17.24     0.00
 2008     1         1,484           0           0           1,257           0           0.000      17.24     0.00
 2009     1         1,409           0           0           1,194           0           0.000      17.24     0.00
 2010     1         1,339           0           0           1,135           0           0.000      17.24     0.00
 2011     1         1,271           0           0           1,078           0           0.000      17.24     0.00
 2012     1         1,209           0           0           1,024           0           0.000      17.24     0.00
 2013     1         1,147           0           0             973           0           0.000      17.24     0.00
 2014     1         1,091           0           0             925           0           0.000      17.24     0.00
 2015     1         1,036           0           0             878           0           0.000      17.24     0.00
 2016     1           984           0           0             834           0           0.000      17.24     0.00

 SUB-TOTAL         21,661           0           0          18,361           0           0.000      17.24     0.00
 REMAINDER         11,682           0           0           9,902           0           0.000      17.24     0.00
 TOTAL             33,343           0           0          28,263           0           0.000      17.24     0.00

 CUMULATIVE        22,501           0           0
 ULTIMATE          55,844           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>             <C>              <C>           <C>          <C>      <C>          <C>             <C>      <C>
 2002           29,489           0             0            0        29,489       1,277           0        28,212
 2003           28,015           0             0            0        28,015       1,213           0        26,802
 2004           26,614           0             0            0        26,614       1,152           0        25,462
 2005           25,283           0             0            0        25,283       1,095           0        24,188
 2006           24,019           0             0            0        24,019       1,040           0        22,979
 2007           22,818           0             0            0        22,818         988           0        21,830
 2008           21,677           0             0            0        21,677         939           0        20,738
 2009           20,594           0             0            0        20,594         891           0        19,703
 2010           19,563           0             0            0        19,563         848           0        18,715
 2011           18,586           0             0            0        18,586         804           0        17,782
 2012           17,656           0             0            0        17,656         765           0        16,891
 2013           16,774           0             0            0        16,774         726           0        16,048
 2014           15,934           0             0            0        15,934         690           0        15,244
 2015           15,138           0             0            0        15,138         656           0        14,482
 2016           14,381           0             0            0        14,381         622           0        13,759

 SUB-TOT       316,541           0             0            0       316,541      13,706           0       302,835
 REMAIN        170,720           0             0            0       170,720       7,392           0       163,328
 TOTAL         487,261           0             0            0       487,261      21,098           0       466,163
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>         <C>         <C>       <C>           <C>           <C>           <C>
 2002          1,296           0           0           0         1,296         26,916        26,916        25,630
 2003          1,296           0           0           0         1,296         25,506        52,422        21,986
 2004          1,296           0           0           0         1,296         24,166        76,588        18,856
 2005          1,296           0           0           0         1,296         22,892        99,480        16,169
 2006          1,296           0           0           0         1,296         21,683       121,163        13,864
 2007          1,296           0           0           0         1,296         20,534       141,697        11,884
 2008          1,296           0           0           0         1,296         19,442       161,139        10,186
 2009          1,296           0           0           0         1,296         18,407       179,546         8,729
 2010          1,296           0           0           0         1,296         17,419       196,965         7,478
 2011          1,296           0           0           0         1,296         16,486       213,451         6,407
 2012          1,296           0           0           0         1,296         15,595       229,046         5,485
 2013          1,296           0           0           0         1,296         14,752       243,798         4,698
 2014          1,296           0           0           0         1,296         13,948       257,746         4,020
 2015          1,296           0           0           0         1,296         13,186       270,932         3,441
 2016          1,296           0           0           0         1,296         12,463       283,395         2,943

 SUBTOT       19,440           0           0           0        19,440        283,395                     161,776
 REMAIN       24,768           0           0           0        24,768        138,560       421,955        16,351
 TOTAL        44,208           0           0           0        44,208        421,955                     178,127

   LIFE OF EVALUATION IS 34.11 YEARS.
   FINAL PRODUCTION RATE: 30 BBLS/MO
</TABLE>

<PAGE>


                                 TENGASCO, INC.                        TABLE 167
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 TRAPP FIELD, BARTON COUNTY, KANSAS                                                    OIL LEASE
   TENGASCO, INC. - OPERATOR   16-T16S-R13W                                            PROVED
     DEUTSCH   (ARBUCKLE)                                                              PRODUCING

                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>        <C>         <C>         <C>       <C>          <C>              <C>
 INITIAL -   1.000000                                                                       5.00% -             0
 FINAL   -   1.000000                                                                      10.00% -             0
 REMARKS -                                                                                 15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE        16,833           0           0
 ULTIMATE          16,833           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0
 2016              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0 BBLS/MO
</TABLE>

<PAGE>




                                 TENGASCO, INC.                        TABLE 168
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 TRAPP FIELD, BARTON COUNTY, KANSAS                                                    OIL LEASE
   TENGASCO, INC. - OPERATOR   8-T16S-R13W                                             PROVED
     HOWLIER #1   (ARBUCKLE)                                                           PRODUCING

                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>        <C>         <C>         <C>       <C>          <C>              <C>
 INITIAL -   0.937000  0.768633                         17.24                               5.00% -         8,061
 FINAL   -   0.937000  0.768633                         17.24                              10.00% -         7,554
 REMARKS -                                                                                 15.00% -         7,097
                                                                                           20.00% -         6,684
                                                                                           25.00% -         6,310
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>       <C>             <C>         <C>           <C>           <C>         <C>        <C>       <C>
 2002     1         1,154           0           0             887           0           0.000      17.24     0.00
 2003     1         1,068           0           0             821           0           0.000      17.24     0.00
 2004     1           987           0           0             759           0           0.000      17.24     0.00
 2005     1           914           0           0             702           0           0.000      17.24     0.00
 2006     1           217           0           0             167           0           0.000      17.24     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL          4,340           0           0           3,336           0           0.000      17.24     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL              4,340           0           0           3,336           0           0.000      17.24     0.00

 CUMULATIVE        17,530           0           0
 ULTIMATE          21,870           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>             <C>              <C>           <C>          <C>      <C>            <C>           <C>      <C>
 2002           15,295           0             0            0        15,295         662           0        14,633
 2003           14,147           0             0            0        14,147         613           0        13,534
 2004           13,087           0             0            0        13,087         566           0        12,521
 2005           12,105           0             0            0        12,105         525           0        11,580
 2006            2,881           0             0            0         2,881         124           0         2,757
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT        57,515           0             0            0        57,515       2,490           0        55,025
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL          57,515           0             0            0        57,515       2,490           0        55,025
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>           <C>              <C>         <C>         <C>      <C>             <C>           <C>           <C>
 2002         10,918           0           0           0        10,918          3,715         3,715         3,545
 2003         10,918           0           0           0        10,918          2,616         6,331         2,261
 2004         10,918           0           0           0        10,918          1,603         7,934         1,257
 2005         10,918           0           0           0        10,918            662         8,596           472
 2006          2,729           0           0           0         2,729             28         8,624            19
 2007              0           0           0           0             0              0         8,624             0
 2008              0           0           0           0             0              0         8,624             0
 2009              0           0           0           0             0              0         8,624             0
 2010              0           0           0           0             0              0         8,624             0
 2011              0           0           0           0             0              0         8,624             0
 2012              0           0           0           0             0              0         8,624             0
 2013              0           0           0           0             0              0         8,624             0
 2014              0           0           0           0             0              0         8,624             0
 2015              0           0           0           0             0              0         8,624             0
 2016              0           0           0           0             0              0         8,624             0

 SUBTOT       46,401           0           0           0        46,401          8,624                       7,554
 REMAIN            0           0           0           0             0              0         8,624             0
 TOTAL        46,401           0           0           0        46,401          8,624                       7,554

   LIFE OF EVALUATION IS 4.25 YEARS.
   FINAL PRODUCTION RATE: 72 BBLS/MO
</TABLE>

<PAGE>

                                 TENGASCO, INC.                        TABLE 169
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 WEBSTER FIELD, ROOKS COUNTY, KANSAS                                                   OIL LEASE
   TENGASCO, INC. - OPERATOR   33-T8S-R19W                                             PROVED
     CERROW-CERROW -A- #1   (ARBUCKLE)                                                 PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>        <C>         <C>         <C>       <C>          <C>              <C>
 INITIAL -   1.000000  0.875000                         17.24                               5.00% -        22,525
 FINAL   -   1.000000  0.875000                         17.24                              10.00% -        19,806
 REMARKS -                                                                                 15.00% -        17,587
                                                                                           20.00% -        15,757
                                                                                           25.00% -        14,233
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>       <C>             <C>         <C>         <C>             <C>         <C>        <C>       <C>
 2002     1         1,229           0           0           1,075           0           0.000      17.24     0.00
 2003     1         1,173           0           0           1,027           0           0.000      17.24     0.00
 2004     1         1,120           0           0             980           0           0.000      17.24     0.00
 2005     1         1,071           0           0             937           0           0.000      17.24     0.00
 2006     1         1,022           0           0             894           0           0.000      17.24     0.00
 2007     1           975           0           0             854           0           0.000      17.24     0.00
 2008     1           933           0           0             815           0           0.000      17.24     0.00
 2009     1           890           0           0             779           0           0.000      17.24     0.00
 2010     1           850           0           0             744           0           0.000      17.24     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL          9,263           0           0           8,105           0           0.000      17.24     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL              9,263           0           0           8,105           0           0.000      17.24     0.00

 CUMULATIVE        72,462           0           0
 ULTIMATE          81,725           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>             <C>              <C>           <C>          <C>      <C>            <C>           <C>      <C>
 2002           18,534           0             0            0        18,534         803           0        17,731
 2003           17,699           0             0            0        17,699         766           0        16,933
 2004           16,904           0             0            0        16,904         732           0        16,172
 2005           16,142           0             0            0        16,142         699           0        15,443
 2006           15,416           0             0            0        15,416         667           0        14,749
 2007           14,723           0             0            0        14,723         638           0        14,085
 2008           14,060           0             0            0        14,060         609           0        13,451
 2009           13,427           0             0            0        13,427         581           0        12,846
 2010           12,823           0             0            0        12,823         555           0        12,268
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT       139,728           0             0            0       139,728       6,050           0       133,678
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL         139,728           0             0            0       139,728       6,050           0       133,678
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>           <C>              <C>         <C>         <C>      <C>             <C>           <C>           <C>
 2002         11,976           0           0           0        11,976          5,755         5,755         5,484
 2003         11,976           0           0           0        11,976          4,957        10,712         4,277
 2004         11,976           0           0           0        11,976          4,196        14,908         3,277
 2005         11,976           0           0           0        11,976          3,467        18,375         2,452
 2006         11,976           0           0           0        11,976          2,773        21,148         1,776
 2007         11,976           0           0           0        11,976          2,109        23,257         1,223
 2008         11,976           0           0           0        11,976          1,475        24,732           775
 2009         11,976           0           0           0        11,976            870        25,602           415
 2010         11,976           0           0           0        11,976            292        25,894           127
 2011              0           0           0           0             0              0        25,894             0
 2012              0           0           0           0             0              0        25,894             0
 2013              0           0           0           0             0              0        25,894             0
 2014              0           0           0           0             0              0        25,894             0
 2015              0           0           0           0             0              0        25,894             0
 2016              0           0           0           0             0              0        25,894             0

 SUBTOT      107,784           0           0           0       107,784         25,894                      19,806
 REMAIN            0           0           0           0             0              0        25,894             0
 TOTAL       107,784           0           0           0       107,784         25,894                      19,806

   LIFE OF EVALUATION IS 9.00 YEARS.
   FINAL PRODUCTION RATE: 69 BBLS/MO
</TABLE>

<PAGE>

                                 TENGASCO, INC.                       TABLE 170
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 WEBSTER FIELD, ROOKS COUNTY, KANSAS                                                   OIL LEASE
   TENGASCO, INC. - OPERATOR   33-T8S-R19W                                             PROVED
     LOWRY #1   (ARBUCKLE)                                                             PRODUCING

                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>        <C>         <C>         <C>       <C>          <C>              <C>
 INITIAL -   1.000000                                                                       5.00% -             0
 FINAL   -   1.000000                                                                      10.00% -             0
 REMARKS -                                                                                 15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE        19,405           0           0
 ULTIMATE          19,405           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0
 2016              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0 BBLS/MO
</TABLE>

<PAGE>


                                 TENGASCO, INC.                        TABLE 171
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 WERTH NORTH FIELD, ELLIS COUNTY, KANSAS                                               OIL LEASE
   TENGASCO, INC. - OPERATOR   34-T12S-R20W                                            PROVED
     SCHNELLER #1   (ABCK-LNSG)                                                        PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>        <C>         <C>         <C>       <C>          <C>              <C>
 INITIAL -   1.000000  0.820313                         17.24                               5.00% -        46,077
 FINAL   -   1.000000  0.820313                         17.24                              10.00% -        39,809
 REMARKS -                                                                                 15.00% -        34,839
                                                                                           20.00% -        30,843
                                                                                           25.00% -        27,588
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>       <C>             <C>         <C>         <C>             <C>         <C>        <C>       <C>
 2002     3         1,934           0           0           1,586           0           0.000      17.24     0.00
 2003     3         1,837           0           0           1,507           0           0.000      17.24     0.00
 2004     3         1,745           0           0           1,432           0           0.000      17.24     0.00
 2005     3         1,658           0           0           1,360           0           0.000      17.24     0.00
 2006     3         1,575           0           0           1,292           0           0.000      17.24     0.00
 2007     3         1,496           0           0           1,227           0           0.000      17.24     0.00
 2008     3         1,422           0           0           1,166           0           0.000      17.24     0.00
 2009     3         1,350           0           0           1,108           0           0.000      17.24     0.00
 2010     3         1,283           0           0           1,052           0           0.000      17.24     0.00
 2011     3         1,218           0           0           1,000           0           0.000      17.24     0.00
 2012     3           683           0           0             560           0           0.000      17.24     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL         16,201           0           0          13,290           0           0.000      17.24     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL             16,201           0           0          13,290           0           0.000      17.24     0.00

 CUMULATIVE       170,239           0           0
 ULTIMATE         186,440           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>             <C>              <C>           <C>          <C>      <C>          <C>             <C>      <C>
 2002           27,347           0             0            0        27,347       1,184           0        26,163
 2003           25,979           0             0            0        25,979       1,125           0        24,854
 2004           24,681           0             0            0        24,681       1,069           0        23,612
 2005           23,446           0             0            0        23,446       1,015           0        22,431
 2006           22,274           0             0            0        22,274         964           0        21,310
 2007           21,161           0             0            0        21,161         917           0        20,244
 2008           20,102           0             0            0        20,102         870           0        19,232
 2009           19,098           0             0            0        19,098         827           0        18,271
 2010           18,142           0             0            0        18,142         786           0        17,356
 2011           17,235           0             0            0        17,235         746           0        16,489
 2012            9,653           0             0            0         9,653         418           0         9,235
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT       229,118           0             0            0       229,118       9,921           0       219,197
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL         229,118           0             0            0       229,118       9,921           0       219,197
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>           <C>              <C>         <C>         <C>      <C>            <C>           <C>           <C>
 2002         15,600           0           0           0        15,600         10,563        10,563        10,065
 2003         15,600           0           0           0        15,600          9,254        19,817         7,982
 2004         15,600           0           0           0        15,600          8,012        27,829         6,256
 2005         15,600           0           0           0        15,600          6,831        34,660         4,830
 2006         15,600           0           0           0        15,600          5,710        40,370         3,655
 2007         15,600           0           0           0        15,600          4,644        45,014         2,691
 2008         15,600           0           0           0        15,600          3,632        48,646         1,906
 2009         15,600           0           0           0        15,600          2,671        51,317         1,270
 2010         15,600           0           0           0        15,600          1,756        53,073           757
 2011         15,600           0           0           0        15,600            889        53,962           348
 2012          9,100           0           0           0         9,100            135        54,097            49
 2013              0           0           0           0             0              0        54,097             0
 2014              0           0           0           0             0              0        54,097             0
 2015              0           0           0           0             0              0        54,097             0
 2016              0           0           0           0             0              0        54,097             0

 SUBTOT      165,100           0           0           0       165,100         54,097                      39,809
 REMAIN            0           0           0           0             0              0        54,097             0
 TOTAL       165,100           0           0           0       165,100         54,097                      39,809

   LIFE OF EVALUATION IS 10.58 YEARS.
   FINAL PRODUCTION RATE: 96 BBLS/MO
</TABLE>

<PAGE>

                                 TENGASCO, INC.                        TABLE 172
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 WESTHUSIN FIELD, ROOKS COUNTY, KANSAS                                                 OIL LEASE
   TENGASCO, INC. - OPERATOR   18-T9S-R16W                                             PROVED
     DOUGHERTY EAST #1   (LANSING)                                                     PRODUCING

                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>        <C>         <C>         <C>       <C>          <C>              <C>
 INITIAL -   0.934400  0.766500                         17.24                               5.00% -         9,164
 FINAL   -   0.934400  0.766500                         17.24                              10.00% -         7,975
 REMARKS -                                                                                 15.00% -         7,020
                                                                                           20.00% -         6,243
                                                                                           25.00% -         5,604
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>         <C>           <C>         <C>           <C>           <C>         <C>        <C>       <C>
 2002     1           701           0           0             538           0           0.000      17.24     0.00
 2003     1           680           0           0             521           0           0.000      17.24     0.00
 2004     1           660           0           0             506           0           0.000      17.24     0.00
 2005     1           640           0           0             490           0           0.000      17.24     0.00
 2006     1           621           0           0             476           0           0.000      17.24     0.00
 2007     1           602           0           0             462           0           0.000      17.24     0.00
 2008     1           584           0           0             447           0           0.000      17.24     0.00
 2009     1           567           0           0             435           0           0.000      17.24     0.00
 2010     1           550           0           0             421           0           0.000      17.24     0.00
 2011     1           401           0           0             308           0           0.000      17.24     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL          6,006           0           0           4,604           0           0.000      17.24     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL              6,006           0           0           4,604           0           0.000      17.24     0.00

 CUMULATIVE        43,322           0           0
 ULTIMATE          49,328           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>              <C>             <C>           <C>          <C>       <C>           <C>           <C>       <C>
 2002            9,267           0             0            0         9,267         401           0         8,866
 2003            8,988           0             0            0         8,988         389           0         8,599
 2004            8,719           0             0            0         8,719         378           0         8,341
 2005            8,458           0             0            0         8,458         366           0         8,092
 2006            8,203           0             0            0         8,203         355           0         7,848
 2007            7,958           0             0            0         7,958         345           0         7,613
 2008            7,719           0             0            0         7,719         334           0         7,385
 2009            7,487           0             0            0         7,487         324           0         7,163
 2010            7,263           0             0            0         7,263         315           0         6,948
 2011            5,303           0             0            0         5,303         230           0         5,073
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT        79,365           0             0            0        79,365       3,437           0        75,928
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL          79,365           0             0            0        79,365       3,437           0        75,928
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>         <C>         <C>       <C>            <C>           <C>           <C>
 2002          6,694           0           0           0         6,694          2,172         2,172         2,069
 2003          6,694           0           0           0         6,694          1,905         4,077         1,644
 2004          6,694           0           0           0         6,694          1,647         5,724         1,286
 2005          6,694           0           0           0         6,694          1,398         7,122           988
 2006          6,694           0           0           0         6,694          1,154         8,276           739
 2007          6,694           0           0           0         6,694            919         9,195           533
 2008          6,694           0           0           0         6,694            691         9,886           362
 2009          6,694           0           0           0         6,694            469        10,355           224
 2010          6,694           0           0           0         6,694            254        10,609           109
 2011          5,020           0           0           0         5,020             53        10,662            21
 2012              0           0           0           0             0              0        10,662             0
 2013              0           0           0           0             0              0        10,662             0
 2014              0           0           0           0             0              0        10,662             0
 2015              0           0           0           0             0              0        10,662             0
 2016              0           0           0           0             0              0        10,662             0

 SUBTOT       65,266           0           0           0        65,266         10,662                       7,975
 REMAIN            0           0           0           0             0              0        10,662             0
 TOTAL        65,266           0           0           0        65,266         10,662                       7,975

   LIFE OF EVALUATION IS 9.75 YEARS.
   FINAL PRODUCTION RATE: 44 BBLS/MO
</TABLE>

<PAGE>



                                 TENGASCO, INC.                        TABLE 173
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 WESTHUSIN FIELD, ROOKS COUNTY, KANSAS                                                 OIL LEASE
   TENGASCO, INC. - OPERATOR   18-T9S-R16W                                             PROVED
     DOUGHERTY EAST #1 BP   (ARBUCKLE)                                                 BEHIND PIPE


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>        <C>         <C>         <C>       <C>          <C>              <C>
 INITIAL -   0.934400  0.766500                         17.24                               5.00% -        17,208
 FINAL   -   0.934400  0.766500                         17.24                              10.00% -        10,143
 REMARKS - OPERATING COSTS TO BE CARRIED BY PRODUCING RESERVES.                            15.00% -         5,988
                                                                                           20.00% -         3,538
                                                                                           25.00% -         2,093
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                 640           0           0             491           0           0.000      17.24     0.00
 2011                 960           0           0             735           0           0.000      17.24     0.00
 2012                 960           0           0             736           0           0.000      17.24     0.00
 2013                 640           0           0             491           0           0.000      17.24     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL          3,200           0           0           2,453           0           0.000      17.24     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL              3,200           0           0           2,453           0           0.000      17.24     0.00

 CUMULATIVE             0           0           0
 ULTIMATE           3,200           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010            8,457           0             0            0         8,457         366           0         8,091
 2011           12,686           0             0            0        12,686         549           0        12,137
 2012           12,686           0             0            0        12,686         550           0        12,136
 2013            8,457           0             0            0         8,457         366           0         8,091
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT        42,286           0             0            0        42,286       1,831           0        40,455
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL          42,286           0             0            0        42,286       1,831           0        40,455
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0      11,213           0        11,213         -3,122        -3,122        -1,456
 2011              0           0           0           0             0         12,137         9,015         4,714
 2012              0           0           0           0             0         12,136        21,151         4,268
 2013              0           0           0           0             0          8,091        29,242         2,617
 2014              0           0           0           0             0              0        29,242             0
 2015              0           0           0           0             0              0        29,242             0
 2016              0           0           0           0             0              0        29,242             0

 SUBTOT            0           0      11,213           0        11,213         29,242                      10,143
 REMAIN            0           0           0           0             0              0        29,242             0
 TOTAL             0           0      11,213           0        11,213         29,242                      10,143

   LIFE OF EVALUATION IS 11.67 YEARS.
   FINAL PRODUCTION RATE: 80 BBLS/MO

</TABLE>

<PAGE>

                                 TENGASCO, INC.                        TABLE 174
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 WESTHUSIN FIELD, ROOKS COUNTY, KANSAS                                                 OIL LEASE
   TENGASCO, INC. - OPERATOR   18-T9S-R16W                                             PROVED
     DOUGHERTY EAST #2 PUD   (ARBUCKLE)                                                UNDEVELOPED


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>        <C>         <C>         <C>       <C>          <C>              <C>
 INITIAL -   0.934400  0.766500                         17.24                               5.00% -        87,836
 FINAL   -   0.934400  0.766500                         17.24                              10.00% -        37,744
 REMARKS -                                                                                 15.00% -        11,236
                                                                                           20.00% -        -4,351
                                                                                           25.00% -       -14,233
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>       <C>             <C>         <C>         <C>             <C>         <C>        <C>       <C>
 2002     1         2,533           0           0           1,941           0           0.000      17.24     0.00
 2003     1         1,774           0           0           1,361           0           0.000      17.24     0.00
 2004     1         1,724           0           0           1,321           0           0.000      17.24     0.00
 2005     1         1,675           0           0           1,284           0           0.000      17.24     0.00
 2006     1         1,628           0           0           1,247           0           0.000      17.24     0.00
 2007     1         1,581           0           0           1,212           0           0.000      17.24     0.00
 2008     1         1,536           0           0           1,178           0           0.000      17.24     0.00
 2009     1         1,493           0           0           1,144           0           0.000      17.24     0.00
 2010     1         1,450           0           0           1,112           0           0.000      17.24     0.00
 2011     1         1,410           0           0           1,080           0           0.000      17.24     0.00
 2012     1         1,369           0           0           1,049           0           0.000      17.24     0.00
 2013     1         1,330           0           0           1,020           0           0.000      17.24     0.00
 2014     1         1,293           0           0             991           0           0.000      17.24     0.00
 2015     1         1,255           0           0             962           0           0.000      17.24     0.00
 2016     1         1,221           0           0             936           0           0.000      17.24     0.00

 SUB-TOTAL         23,272           0           0          17,838           0           0.000      17.24     0.00
 REMAINDER         16,761           0           0          12,847           0           0.000      17.24     0.00
 TOTAL             40,033           0           0          30,685           0           0.000      17.24     0.00

 CUMULATIVE             0           0           0
 ULTIMATE          40,033           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>             <C>              <C>           <C>          <C>      <C>          <C>             <C>      <C>
 2002           33,471           0             0            0        33,471       1,449           0        32,022
 2003           23,447           0             0            0        23,447       1,016           0        22,431
 2004           22,781           0             0            0        22,781         986           0        21,795
 2005           22,135           0             0            0        22,135         958           0        21,177
 2006           21,506           0             0            0        21,506         932           0        20,574
 2007           20,895           0             0            0        20,895         904           0        19,991
 2008           20,302           0             0            0        20,302         879           0        19,423
 2009           19,726           0             0            0        19,726         855           0        18,871
 2010           19,166           0             0            0        19,166         829           0        18,337
 2011           18,621           0             0            0        18,621         807           0        17,814
 2012           18,093           0             0            0        18,093         783           0        17,310
 2013           17,580           0             0            0        17,580         761           0        16,819
 2014           17,080           0             0            0        17,080         740           0        16,340
 2015           16,595           0             0            0        16,595         719           0        15,876
 2016           16,125           0             0            0        16,125         698           0        15,427

 SUB-TOT       307,523           0             0            0       307,523      13,316           0       294,207
 REMAIN        221,491           0             0            0       221,491       9,590           0       211,901
 TOTAL         529,014           0             0            0       529,014      22,906           0       506,108
</TABLE>

<PAGE>

<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>    <C>              <C>      <C>            <C>           <C>           <C>
 2002          3,347           0      93,440           0        96,787        -64,765       -64,765       -61,714
 2003          6,694           0           0           0         6,694         15,737       -49,028        13,564
 2004          6,694           0           0           0         6,694         15,101       -33,927        11,782
 2005          6,694           0           0           0         6,694         14,483       -19,444        10,228
 2006          6,694           0           0           0         6,694         13,880        -5,564         8,874
 2007          6,694           0           0           0         6,694         13,297         7,733         7,695
 2008          6,694           0           0           0         6,694         12,729        20,462         6,668
 2009          6,694           0           0           0         6,694         12,177        32,639         5,774
 2010          6,694           0           0           0         6,694         11,643        44,282         4,998
 2011          6,694           0           0           0         6,694         11,120        55,402         4,321
 2012          6,694           0           0           0         6,694         10,616        66,018         3,734
 2013          6,694           0           0           0         6,694         10,125        76,143         3,224
 2014          6,695           0           0           0         6,695          9,645        85,788         2,780
 2015          6,694           0           0           0         6,694          9,182        94,970         2,396
 2016          6,694           0           0           0         6,694          8,733       103,703         2,062

 SUBTOT       97,064           0      93,440           0       190,504        103,703                      26,386
 REMAIN      119,262           0           0           0       119,262         92,639       196,342        11,358
 TOTAL       216,326           0      93,440           0       309,766        196,342                      37,744

   LIFE OF EVALUATION IS 32.82 YEARS.
   FINAL PRODUCTION RATE: 60 BBLS/MO
</TABLE>

<PAGE>


                                 TENGASCO, INC.                        TABLE 175
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 YOHE FIELD, ROOKS COUNTY, KANSAS                                                      OIL LEASE
   TENGASCO, INC. - OPERATOR   33-T8S-R18W                                             PROVED
     FINNESY #1   (LANSING)                                                            PRODUCING

                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>        <C>         <C>         <C>       <C>          <C>              <C>
 INITIAL -   1.000000  0.875000                         17.24                               5.00% -        21,198
 FINAL   -   1.000000  0.875000                         17.24                              10.00% -        19,075
 REMARKS -                                                                                 15.00% -        17,276
                                                                                           20.00% -        15,743
                                                                                           25.00% -        14,427
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>       <C>             <C>         <C>         <C>             <C>         <C>        <C>       <C>
 2002     3         1,872           0           0           1,638           0           0.000      17.24     0.00
 2003     3         1,797           0           0           1,572           0           0.000      17.24     0.00
 2004     3         1,725           0           0           1,510           0           0.000      17.24     0.00
 2005     3         1,656           0           0           1,449           0           0.000      17.24     0.00
 2006     3         1,590           0           0           1,391           0           0.000      17.24     0.00
 2007     3         1,526           0           0           1,335           0           0.000      17.24     0.00
 2008     3         1,465           0           0           1,282           0           0.000      17.24     0.00
 2009     3           239           0           0             209           0           0.000      17.24     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL         11,870           0           0          10,386           0           0.000      17.24     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL             11,870           0           0          10,386           0           0.000      17.24     0.00

 CUMULATIVE        91,689           0           0
 ULTIMATE         103,559           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>             <C>              <C>           <C>          <C>      <C>          <C>             <C>      <C>
 2002           28,236           0             0            0        28,236       1,223           0        27,013
 2003           27,107           0             0            0        27,107       1,173           0        25,934
 2004           26,023           0             0            0        26,023       1,127           0        24,896
 2005           24,981           0             0            0        24,981       1,082           0        23,899
 2006           23,983           0             0            0        23,983       1,038           0        22,945
 2007           23,023           0             0            0        23,023         997           0        22,026
 2008           22,102           0             0            0        22,102         957           0        21,145
 2009            3,597           0             0            0         3,597         156           0         3,441
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT       179,052           0             0            0       179,052       7,753           0       171,299
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL         179,052           0             0            0       179,052       7,753           0       171,299
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>           <C>              <C>         <C>         <C>      <C>             <C>           <C>           <C>
 2002         20,592           0           0           0        20,592          6,421         6,421         6,120
 2003         20,592           0           0           0        20,592          5,342        11,763         4,610
 2004         20,592           0           0           0        20,592          4,304        16,067         3,364
 2005         20,592           0           0           0        20,592          3,307        19,374         2,340
 2006         20,592           0           0           0        20,592          2,353        21,727         1,509
 2007         20,592           0           0           0        20,592          1,434        23,161           834
 2008         20,592           0           0           0        20,592            553        23,714           293
 2009          3,432           0           0           0         3,432              9        23,723             5
 2010              0           0           0           0             0              0        23,723             0
 2011              0           0           0           0             0              0        23,723             0
 2012              0           0           0           0             0              0        23,723             0
 2013              0           0           0           0             0              0        23,723             0
 2014              0           0           0           0             0              0        23,723             0
 2015              0           0           0           0             0              0        23,723             0
 2016              0           0           0           0             0              0        23,723             0

 SUBTOT      147,576           0           0           0       147,576         23,723                      19,075
 REMAIN            0           0           0           0             0              0        23,723             0
 TOTAL       147,576           0           0           0       147,576         23,723                      19,075

   LIFE OF EVALUATION IS 7.17 YEARS.
   FINAL PRODUCTION RATE: 119 BBLS/MO
</TABLE>

<PAGE>


                                 TENGASCO, INC.                        TABLE 176
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 YOHE FIELD, ROOKS COUNTY, KANSAS                                                      OIL LEASE
   TENGASCO, INC. - OPERATOR   33-T8S-R18W                                             PROVED
     MOSHER #1   (LANSING)                                                             PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>     <C>             <C>           <C>
 INITIAL -   1.000000  0.875000                         17.24                               5.00% -       152,199
 FINAL   -   1.000000  0.875000                         17.24                              10.00% -       120,477
 REMARKS -                                                                                 15.00% -        98,773
                                                                                           20.00% -        83,280
                                                                                           25.00% -        71,804
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>       <C>             <C>         <C>         <C>             <C>         <C>        <C>       <C>
 2002     2         2,502           0           0           2,189           0           0.000      17.24     0.00
 2003     2         2,371           0           0           2,075           0           0.000      17.24     0.00
 2004     2         2,249           0           0           1,967           0           0.000      17.24     0.00
 2005     2         2,131           0           0           1,865           0           0.000      17.24     0.00
 2006     2         2,020           0           0           1,768           0           0.000      17.24     0.00
 2007     2         1,916           0           0           1,676           0           0.000      17.24     0.00
 2008     2         1,816           0           0           1,589           0           0.000      17.24     0.00
 2009     2         1,721           0           0           1,506           0           0.000      17.24     0.00
 2010     2         1,632           0           0           1,428           0           0.000      17.24     0.00
 2011     2         1,547           0           0           1,354           0           0.000      17.24     0.00
 2012     2         1,467           0           0           1,283           0           0.000      17.24     0.00
 2013     2         1,390           0           0           1,217           0           0.000      17.24     0.00
 2014     2         1,318           0           0           1,153           0           0.000      17.24     0.00
 2015     2         1,250           0           0           1,094           0           0.000      17.24     0.00
 2016     2         1,184           0           0           1,036           0           0.000      17.24     0.00

 SUB-TOTAL         26,514           0           0          23,200           0           0.000      17.24     0.00
 REMAINDER          5,061           0           0           4,428           0           0.000      17.24     0.00
 TOTAL             31,575           0           0          27,628           0           0.000      17.24     0.00

 CUMULATIVE        67,971           0           0
 ULTIMATE          99,546           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>             <C>              <C>           <C>          <C>      <C>          <C>             <C>      <C>
 2002           37,738           0             0            0        37,738       1,634           0        36,104
 2003           35,776           0             0            0        35,776       1,549           0        34,227
 2004           33,915           0             0            0        33,915       1,469           0        32,446
 2005           32,152           0             0            0        32,152       1,392           0        30,760
 2006           30,479           0             0            0        30,479       1,320           0        29,159
 2007           28,895           0             0            0        28,895       1,251           0        27,644
 2008           27,393           0             0            0        27,393       1,186           0        26,207
 2009           25,967           0             0            0        25,967       1,124           0        24,843
 2010           24,618           0             0            0        24,618       1,066           0        23,552
 2011           23,337           0             0            0        23,337       1,011           0        22,326
 2012           22,124           0             0            0        22,124         958           0        21,166
 2013           20,974           0             0            0        20,974         908           0        20,066
 2014           19,883           0             0            0        19,883         861           0        19,022
 2015           18,849           0             0            0        18,849         816           0        18,033
 2016           17,868           0             0            0        17,868         774           0        17,094

 SUB-TOT       399,968           0             0            0       399,968      17,319           0       382,649
 REMAIN         76,336           0             0            0        76,336       3,305           0        73,031
 TOTAL         476,304           0             0            0       476,304      20,624           0       455,680
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>           <C>              <C>         <C>         <C>      <C>            <C>           <C>           <C>
 2002         12,744           0           0           0        12,744         23,360        23,360        22,250
 2003         12,744           0           0           0        12,744         21,483        44,843        18,522
 2004         12,744           0           0           0        12,744         19,702        64,545        15,377
 2005         12,744           0           0           0        12,744         18,016        82,561        12,729
 2006         12,744           0           0           0        12,744         16,415        98,976        10,499
 2007         12,744           0           0           0        12,744         14,900       113,876         8,627
 2008         12,744           0           0           0        12,744         13,463       127,339         7,056
 2009         12,744           0           0           0        12,744         12,099       139,438         5,740
 2010         12,744           0           0           0        12,744         10,808       150,246         4,643
 2011         12,744           0           0           0        12,744          9,582       159,828         3,725
 2012         12,744           0           0           0        12,744          8,422       168,250         2,965
 2013         12,744           0           0           0        12,744          7,322       175,572         2,333
 2014         12,744           0           0           0        12,744          6,278       181,850         1,811
 2015         12,744           0           0           0        12,744          5,289       187,139         1,382
 2016         12,744           0           0           0        12,744          4,350       191,489         1,028

 SUBTOT      191,160           0           0           0       191,160        191,489                     118,687
 REMAIN       63,720           0           0           0        63,720          9,311       200,800         1,790
 TOTAL       254,880           0           0           0       254,880        200,800                     120,477

   LIFE OF EVALUATION IS 20.00 YEARS.
   FINAL PRODUCTION RATE: 74 BBLS/MO
</TABLE>

<PAGE>




                                 TENGASCO, INC.                        TABLE 177
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
  KANSAS FIXED COSTS, VARIOUS COUNTIES, KANSAS                                         OIL LEASE
   TENGASCO, INC. - OPERATOR                                                           PROVED
     FIXED OPERATING COST                                                              PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>       <C>            <C>       <C>         <C>         <C>
 INITIAL -   1.000000                                                                       5.00% -    -1,704,623
 FINAL   -   1.000000                                                                      10.00% -    -1,377,566
 REMARKS -                                                                                 15.00% -    -1,142,379
                                                                                           20.00% -      -968,008
                                                                                           25.00% -      -835,312
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE             0           0           0
 ULTIMATE               0           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>          <C>               <C>         <C>         <C>   <C>            <C>          <C>           <C>
 2002        274,200           0           0           0       274,200       -274,200      -274,200      -260,988
 2003        219,200           0           0           0       219,200       -219,200      -493,400      -188,862
 2004        219,200           0           0           0       219,200       -219,200      -712,600      -170,960
 2005        219,200           0           0           0       219,200       -219,200      -931,800      -154,756
 2006        234,200           0           0           0       234,200       -234,200    -1,166,000      -149,672
 2007        234,200           0           0           0       234,200       -234,200    -1,400,200      -135,486
 2008        153,200           0           0           0       153,200       -153,200    -1,553,400       -80,226
 2009        153,200           0           0           0       153,200       -153,200    -1,706,600       -72,621
 2010        140,000           0           0           0       140,000       -140,000    -1,846,600       -60,074
 2011        105,000           0           0           0       105,000       -105,000    -1,951,600       -40,785
 2012         73,500           0           0           0        73,500        -73,500    -2,025,100       -25,843
 2013         45,000           0           0           0        45,000        -45,000    -2,070,100       -14,323
 2014         22,200           0           0           0        22,200        -22,200    -2,092,300        -6,396
 2015         12,000           0           0           0        12,000        -12,000    -2,104,300        -3,129
 2016         12,000           0           0           0        12,000        -12,000    -2,116,300        -2,833

 SUBTOT    2,116,300           0           0           0     2,116,300     -2,116,300                  -1,366,954
 REMAIN       60,000           0           0           0        60,000        -60,000    -2,176,300       -10,612
 TOTAL     2,176,300           0           0           0     2,176,300     -2,176,300                  -1,377,566

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0 BBLS/MO
</TABLE>

<PAGE>



                                 TENGASCO, INC.                        TABLE 178
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
  KANSAS FIXED COSTS, VARIOUS COUNTIES, KANSAS                                         OIL LEASE
   TENGASCO, INC. - OPERATOR                                                           PROVED
     FIXED OPERATING COST                                                              BEHIND PIPE


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>        <C>       <C>       <C>       <C>           <C>       <C>          <C>           <C>
 INITIAL -   1.000000                                                                       5.00% -      -177,805
 FINAL   -   1.000000                                                                      10.00% -      -146,009
 REMARKS -                                                                                 15.00% -      -121,583
                                                                                           20.00% -      -102,482
                                                                                           25.00% -       -87,297
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE             0           0           0
 ULTIMATE               0           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>           <C>              <C>         <C>         <C>     <C>            <C>          <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003         40,000           0           0           0        40,000        -40,000       -40,000       -34,464
 2004         40,000           0           0           0        40,000        -40,000       -80,000       -31,197
 2005         40,000           0           0           0        40,000        -40,000      -120,000       -28,240
 2006         25,000           0           0           0        25,000        -25,000      -145,000       -15,977
 2007         25,000           0           0           0        25,000        -25,000      -170,000       -14,463
 2008         10,000           0           0           0        10,000        -10,000      -180,000        -5,236
 2009         10,000           0           0           0        10,000        -10,000      -190,000        -4,741
 2010         10,000           0           0           0        10,000        -10,000      -200,000        -4,291
 2011         10,000           0           0           0        10,000        -10,000      -210,000        -3,884
 2012         10,000           0           0           0        10,000        -10,000      -220,000        -3,516
 2013              0           0           0           0             0              0      -220,000             0
 2014              0           0           0           0             0              0      -220,000             0
 2015              0           0           0           0             0              0      -220,000             0
 2016              0           0           0           0             0              0      -220,000             0

 SUBTOT      220,000           0           0           0       220,000       -220,000                    -146,009
 REMAIN            0           0           0           0             0              0      -220,000             0
 TOTAL       220,000           0           0           0       220,000       -220,000                    -146,009

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0 BBLS/MO
</TABLE>

<PAGE>


                                 TENGASCO, INC.                        TABLE 179
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
  KANSAS FIXED COSTS, VARIOUS COUNTIES, KANSAS                                         OIL LEASE
   TENGASCO, INC. - OPERATOR                                                           PROVED
     FIXED OPERATING COST                                                              UNDEVELOPED

                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>        <C>         <C>         <C>       <C>          <C>              <C>
 INITIAL -   1.000000                                                                       5.00% -      -268,152
 FINAL   -   1.000000                                                                      10.00% -      -197,602
 REMARKS -                                                                                 15.00% -      -152,340
                                                                                           20.00% -      -121,706
                                                                                           25.00% -      -100,011
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE             0           0           0
 ULTIMATE               0           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                             DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>           <C>              <C>         <C>         <C>      <C>            <C>           <C>           <C>
 2002         15,000           0           0           0        15,000        -15,000       -15,000       -14,277
 2003         30,000           0           0           0        30,000        -30,000       -45,000       -25,848
 2004         30,000           0           0           0        30,000        -30,000       -75,000       -23,398
 2005         30,000           0           0           0        30,000        -30,000      -105,000       -21,180
 2006         30,000           0           0           0        30,000        -30,000      -135,000       -19,172
 2007         30,000           0           0           0        30,000        -30,000      -165,000       -17,356
 2008         30,000           0           0           0        30,000        -30,000      -195,000       -15,710
 2009         30,000           0           0           0        30,000        -30,000      -225,000       -14,221
 2010         20,000           0           0           0        20,000        -20,000      -245,000        -8,581
 2011         20,000           0           0           0        20,000        -20,000      -265,000        -7,769
 2012         20,000           0           0           0        20,000        -20,000      -285,000        -7,032
 2013         20,000           0           0           0        20,000        -20,000      -305,000        -6,366
 2014         10,000           0           0           0        10,000        -10,000      -315,000        -2,881
 2015         10,000           0           0           0        10,000        -10,000      -325,000        -2,608
 2016         10,000           0           0           0        10,000        -10,000      -335,000        -2,361

 SUBTOT      335,000           0           0           0       335,000       -335,000                    -188,760
 REMAIN       50,000           0           0           0        50,000        -50,000      -385,000        -8,842
 TOTAL       385,000           0           0           0       385,000       -385,000                    -197,602

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0 BBLS/MO
</TABLE>

<PAGE>


                                 TENGASCO, INC.                        TABLE 180
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
                                  STATE SUMMARY
                                                                                       TOTAL PROVED
     TENNESSEE PROPERTIES                                                              ALL CATEGORIES

                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>        <C>         <C>         <C>       <C>          <C>              <C>
 INITIAL -                                                                                  5.00% -    26,709,423
 FINAL   -                                                                                 10.00% -    19,302,590
 REMARKS -                                                                                 15.00% -    14,892,875
                                                                                           20.00% -    11,978,857
                                                                                           25.00% -     9,916,257
</TABLE>


<TABLE>
<CAPTION>
                ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>      <C>       <C>              <C>     <C>            <C>              <C>       <C>          <C>       <C>
 2002    44        42,631           0       1,363          26,681           0         973.829      16.25     2.35
 2003    60        45,107           0       3,226          30,442           0       2,435.551      16.25     2.35
 2004    67        28,923           0       2,838          19,926           0       2,183.125      16.25     2.35
 2005    66        20,470           0       2,441          14,428           0       1,866.598      16.25     2.35
 2006    62        15,870           0       1,885          11,180           0       1,436.990      16.25     2.36
 2007    61        13,166           0       1,548           9,149           0       1,167.009      16.25     2.36
 2008    58        11,332           0       1,395           7,836           0       1,038.101      16.25     2.35
 2009    58        10,408           0       1,250           7,167           0         931.115      16.25     2.35
 2010    56        10,612           0       1,183           7,245           0         880.610      16.25     2.36
 2011    56         9,268           0       1,260           6,320           0         955.277      16.25     2.35
 2012    54         6,952           0       1,124           4,794           0         852.279      16.25     2.36
 2013    50         5,929           0         991           4,057           0         755.263      16.25     2.35
 2014    49         5,190           0         904           3,548           0         691.719      16.25     2.36
 2015    49         4,003           0         834           2,867           0         638.702      16.25     2.35
 2016    47         3,014           0         768           2,293           0         587.090      16.25     2.36

 SUB-TOTAL        232,875           0      23,010         157,933           0      17,393.258      16.25     2.35
 REMAINDER         86,775           0       7,356          66,812           0       5,613.074      16.25     2.35
 TOTAL            319,650           0      30,366         224,745           0      23,006.332      16.25     2.35

 CUMULATIVE
 ULTIMATE
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>            <C>               <C>   <C>                  <C>   <C>            <C>         <C>        <C>
 2002          433,566           0     2,293,364            0     2,726,930      13,007      68,801     2,645,122
 2003          494,675           0     5,735,727            0     6,230,402      14,840     172,073     6,043,489
 2004          323,822           0     5,141,262            0     5,465,084       9,715     154,237     5,301,132
 2005          234,397           0     4,395,834            0     4,630,231       7,031     131,870     4,491,330
 2006          181,694           0     3,384,112            0     3,565,806       5,451     101,529     3,458,826
 2007          148,662           0     2,748,309            0     2,896,971       4,461      82,453     2,810,057
 2008          127,346           0     2,444,726            0     2,572,072       3,820      73,338     2,494,914
 2009          116,462           0     2,192,776            0     2,309,238       3,495      65,783     2,239,960
 2010          117,741           0     2,073,837            0     2,191,578       3,532      62,218     2,125,828
 2011          102,683           0     2,249,678            0     2,352,361       3,081      67,485     2,281,795
 2012           77,906           0     2,007,117            0     2,085,023       2,337      60,213     2,022,473
 2013           65,925           0     1,778,641            0     1,844,566       1,978      53,362     1,789,226
 2014           57,668           0     1,629,000            0     1,686,668       1,730      48,874     1,636,064
 2015           46,574           0     1,504,141            0     1,550,715       1,397      45,119     1,504,199
 2016           37,271           0     1,382,604            0     1,419,875       1,119      41,480     1,377,276

 SUB-TOT     2,566,392           0    40,961,128            0    43,527,520      76,994   1,228,835    42,221,691
 REMAIN      1,085,701           0    13,218,784            0    14,304,485      32,570     396,562    13,875,353
 TOTAL       3,652,093           0    54,179,912            0    57,832,005     109,564   1,625,397    56,097,044
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>          <C>               <C> <C>                 <C>   <C>            <C>           <C>           <C>
 2002        187,001           0   1,365,713           0     1,552,714      1,092,408     1,092,408     1,042,273
 2003        327,698           0   2,095,125           0     2,422,823      3,620,666     4,713,074     3,093,195
 2004        361,320           0   2,000,000           0     2,361,320      2,939,812     7,652,886     2,293,563
 2005        370,704           0      15,000           0       385,704      4,105,626    11,758,512     2,905,454
 2006        403,426           0           0           0       403,426      3,055,400    14,813,912     1,956,787
 2007        388,526           0           0           0       388,526      2,421,531    17,235,443     1,403,313
 2008        378,018           0      10,000           0       388,018      2,106,896    19,342,339     1,104,308
 2009        367,824           0      25,000           0       392,824      1,847,136    21,189,475       876,454
 2010        363,764           0      10,000           0       373,764      1,752,064    22,941,539       752,508
 2011        361,371           0      30,000           0       391,371      1,890,424    24,831,963       732,413
 2012        335,473           0           0           0       335,473      1,687,000    26,518,963       594,081
 2013        329,168           0           0           0       329,168      1,460,058    27,979,021       465,173
 2014        327,767           0           0           0       327,767      1,308,297    29,287,318       377,255
 2015        321,667           0           0           0       321,667      1,182,532    30,469,850       308,691
 2016        311,605           0           0           0       311,605      1,065,671    31,535,521       251,787

 SUBTOT    5,135,332           0   5,550,838           0    10,686,170     31,535,521                  18,157,255
 REMAIN    3,657,807           0     275,000           0     3,932,807      9,942,546    41,478,067     1,145,335
 TOTAL     8,793,139           0   5,825,838           0    14,618,977     41,478,067                  19,302,590

   LIFE OF SUMMARY IS 57.67 YEARS.
</TABLE>

<PAGE>


                                 TENGASCO, INC.                        TABLE 181
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 STATE SUMMARY
                                                                                       PROVED
     TENNESSEE PROPERTIES                                                              PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>        <C>         <C>         <C>       <C>          <C>              <C>
 INITIAL -                                                                                  5.00% -     6,830,794
 FINAL   -                                                                                 10.00% -     5,367,529
 REMARKS -                                                                                 15.00% -     4,452,022
                                                                                           20.00% -     3,826,984
                                                                                           25.00% -     3,371,824
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>      <C>       <C>              <C>       <C>          <C>              <C>       <C>          <C>       <C>
 2002    29        23,756           0         823          15,734           0         601.978      16.25     2.35
 2003    26        20,729           0         550          13,716           0         396.006      16.25     2.35
 2004    26        18,094           0         466          11,957           0         336.282      16.25     2.35
 2005    26        15,399           0         413          10,256           0         296.393      16.25     2.36
 2006    23        13,178           0         346           8,825           0         255.397      16.25     2.36
 2007    22        11,506           0         312           7,696           0         229.377      16.25     2.35
 2008    20        10,045           0         272           6,710           0         203.099      16.25     2.35
 2009    19         8,767           0         251           5,851           0         188.555      16.25     2.35
 2010    18         7,655           0         234           5,101           0         174.957      16.25     2.35
 2011    18         6,682           0         219           4,449           0         163.959      16.25     2.35
 2012    16         5,183           0         206           3,594           0         153.857      16.25     2.35
 2013    16         4,520           0         187           3,132           0         143.063      16.25     2.35
 2014    15         3,941           0         172           2,729           0         134.088      16.25     2.35
 2015    15         2,896           0         166           2,141           0         127.398      16.25     2.35
 2016    14         2,034           0         156           1,649           0         121.051      16.25     2.35

 SUB-TOTAL        154,385           0       4,773         103,540           0       3,525.460      16.25     2.36
 REMAINDER          6,644           0       1,443           5,813           0       1,117.099      16.25     2.36
 TOTAL            161,029           0       6,216         109,353           0       4,642.559      16.25     2.36

 CUMULATIVE
 ULTIMATE
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>            <C>               <C>   <C>                  <C>   <C>             <C>        <C>        <C>
 2002          255,670           0     1,417,656            0     1,673,326       7,670      42,530     1,623,126
 2003          222,892           0       932,594            0     1,155,486       6,687      27,978     1,120,821
 2004          194,320           0       791,944            0       986,264       5,830      23,757       956,677
 2005          166,627           0       698,007            0       864,634       4,998      20,941       838,695
 2006          143,422           0       601,459            0       744,881       4,303      18,044       722,534
 2007          125,052           0       540,185            0       665,237       3,752      16,206       645,279
 2008          109,039           0       478,302            0       587,341       3,270      14,348       569,723
 2009           95,077           0       444,044            0       539,121       2,854      13,322       522,945
 2010           82,904           0       412,024            0       494,928       2,487      12,360       480,081
 2011           72,292           0       386,123            0       458,415       2,169      11,583       444,663
 2012           58,405           0       362,336            0       420,741       1,752      10,869       408,120
 2013           50,894           0       336,914            0       387,808       1,527      10,109       376,172
 2014           44,349           0       315,776            0       360,125       1,330       9,475       349,320
 2015           34,774           0       300,024            0       334,798       1,043       8,998       324,757
 2016           26,815           0       285,075            0       311,890         805       8,553       302,532

 SUB-TOT     1,682,532           0     8,302,463            0     9,984,995      50,477     249,073     9,685,445
 REMAIN         94,464           0     2,630,768            0     2,725,232       2,834      78,924     2,643,474
 TOTAL       1,776,996           0    10,933,231            0    12,710,227      53,311     327,997    12,328,919
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>          <C>               <C>         <C>         <C>     <C>          <C>           <C>           <C>
 2002        152,537           0           0           0       152,537      1,470,589     1,470,589     1,405,380
 2003        140,040           0           0           0       140,040        980,781     2,451,370       846,524
 2004        140,040           0           0           0       140,040        816,637     3,268,007       637,758
 2005        133,534           0           0           0       133,534        705,161     3,973,168       498,420
 2006        140,459           0           0           0       140,459        582,075     4,555,243       372,419
 2007        132,757           0           0           0       132,757        512,522     5,067,765       296,841
 2008        121,650           0           0           0       121,650        448,073     5,515,838       234,863
 2009        118,955           0           0           0       118,955        403,990     5,919,828       191,666
 2010        114,000           0           0           0       114,000        366,081     6,285,909       157,206
 2011        110,400           0           0           0       110,400        334,263     6,620,172       129,931
 2012        102,000           0           0           0       102,000        306,120     6,926,292       107,713
 2013         99,799           0           0           0        99,799        276,373     7,202,665        88,054
 2014         98,400           0           0           0        98,400        250,920     7,453,585        72,344
 2015         94,400           0           0           0        94,400        230,357     7,683,942        60,118
 2016         90,800           0           0           0        90,800        211,732     7,895,674        50,021

 SUBTOT    1,789,771           0           0           0     1,789,771      7,895,674                   5,149,258
 REMAIN    1,083,307           0           0           0     1,083,307      1,560,167     9,455,841       218,271
 TOTAL     2,873,078           0           0           0     2,873,078      9,455,841                   5,367,529

   LIFE OF SUMMARY IS 42.25 YEARS.

</TABLE>

<PAGE>


                                 TENGASCO, INC.                        TABLE 182
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 STATE SUMMARY
                                                                                       PROVED
     TENNESSEE PROPERTIES                                                              SHUT-IN


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>        <C>         <C>         <C>       <C>          <C>              <C>
 INITIAL -                                                                                  5.00% -     1,179,599
 FINAL   -                                                                                 10.00% -       972,141
 REMARKS -                                                                                 15.00% -       830,287
                                                                                           20.00% -       725,557
                                                                                           25.00% -       644,118
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>      <C>              <C>        <C>          <C>             <C>        <C>         <C>       <C>
 2002     7        14,676           0          74           7,815           0          41.314      16.25     2.35
 2003     9        11,203           0         191           6,532           0         112.801      16.25     2.35
 2004     7         4,560           0         148           3,074           0          91.236      16.25     2.35
 2005     6         2,142           0          79           1,855           0          43.807      16.25     2.35
 2006     4         1,782           0          66           1,559           0          37.533      16.25     2.35
 2007     4         1,515           0          59           1,326           0          34.398      16.25     2.36
 2008     4         1,287           0          55           1,126           0          31.893      16.25     2.36
 2009     4         1,095           0          50             958           0          29.801      16.25     2.36
 2010     4           930           0          49             814           0          28.002      16.25     2.35
 2011     4           791           0          38             692           0          23.864      16.25     2.35
 2012     3           178           0          30             156           0          19.401      16.25     2.35
 2013     2             0           0          28               0           0          18.432       0.00     2.36
 2014     2             0           0          27               0           0          17.510       0.00     2.35
 2015     2             0           0          25               0           0          16.634       0.00     2.36
 2016     2             0           0          20               0           0          13.832       0.00     2.35

 SUB-TOTAL         40,159           0         939          25,907           0         560.458      16.25     2.35
 REMAINDER              0           0         143               0           0         125.359       0.00     2.35
 TOTAL             40,159           0       1,082          25,907           0         685.817      16.25     2.35

 CUMULATIVE
 ULTIMATE
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>            <C>               <C>      <C>               <C>     <C>           <C>         <C>         <C>
 2002          126,990           0        97,295            0       224,285       3,810       2,919       217,556
 2003          106,139           0       265,645            0       371,784       3,183       7,969       360,632
 2004           49,958           0       214,862            0       264,820       1,499       6,446       256,875
 2005           30,129           0       103,164            0       133,293         904       3,095       129,294
 2006           25,339           0        88,390            0       113,729         760       2,652       110,317
 2007           21,539           0        81,008            0       102,547         646       2,431        99,470
 2008           18,307           0        75,108            0        93,415         550       2,253        90,612
 2009           15,561           0        70,180            0        85,741         466       2,105        83,170
 2010           13,227           0        65,943            0        79,170         397       1,979        76,794
 2011           11,244           0        56,202            0        67,446         338       1,685        65,423
 2012            2,536           0        45,690            0        48,226          76       1,371        46,779
 2013                0           0        43,406            0        43,406           0       1,302        42,104
 2014                0           0        41,236            0        41,236           0       1,238        39,998
 2015                0           0        39,174            0        39,174           0       1,174        38,000
 2016                0           0        32,575            0        32,575           0         978        31,597

 SUB-TOT       420,969           0     1,319,878            0     1,740,847      12,629      39,597     1,688,621
 REMAIN              0           0       295,221            0       295,221           0       8,857       286,364
 TOTAL         420,969           0     1,615,099            0     2,036,068      12,629      48,454     1,974,985
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>           <C>              <C>         <C>         <C>      <C>           <C>           <C>           <C>
 2002         18,650           0           0           0        18,650        198,906       198,906       185,208
 2003         44,150           0           0           0        44,150        316,482       515,388       273,767
 2004         33,540           0           0           0        33,540        223,335       738,723       174,565
 2005         22,479           0           0           0        22,479        106,815       845,538        75,616
 2006         24,000           0           0           0        24,000         86,317       931,855        55,227
 2007         24,000           0           0           0        24,000         75,470     1,007,325        43,706
 2008         24,000           0           0           0        24,000         66,612     1,073,937        34,918
 2009         24,000           0           0           0        24,000         59,170     1,133,107        28,076
 2010         24,000           0           0           0        24,000         52,794     1,185,901        22,673
 2011         22,433           0           0           0        22,433         42,990     1,228,891        16,762
 2012         13,200           0           0           0        13,200         33,579     1,262,470        11,814
 2013         10,800           0           0           0        10,800         31,304     1,293,774         9,969
 2014         10,800           0           0           0        10,800         29,198     1,322,972         8,417
 2015         10,800           0           0           0        10,800         27,200     1,350,172         7,098
 2016          9,438           0           0           0         9,438         22,159     1,372,331         5,257

 SUBTOT      316,290           0           0           0       316,290      1,372,331                     953,073
 REMAIN      138,705           0           0           0       138,705        147,659     1,519,990        19,068
 TOTAL       454,995           0           0           0       454,995      1,519,990                     972,141

   LIFE OF SUMMARY IS 34.26 YEARS.
</TABLE>

<PAGE>


                                 TENGASCO, INC.                        TABLE 183
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 STATE SUMMARY
                                                                                       PROVED
     TENNESSEE PROPERTIES                                                              BEHIND PIPE


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>        <C>         <C>         <C>       <C>          <C>              <C>
 INITIAL -                                                                                  5.00% -     7,671,024
 FINAL   -                                                                                 10.00% -     5,226,461
 REMARKS -                                                                                 15.00% -     3,919,612
                                                                                           20.00% -     3,107,218
                                                                                           25.00% -     2,551,278
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>       <C>             <C>        <C>          <C>             <C>        <C>         <C>       <C>
 2002     2         4,199           0          34           3,132           0          22.760      16.25     2.35
 2003     9        13,175           0         801          10,194           0         626.697      16.25     2.35
 2004    10         6,269           0         536           4,895           0         411.860      16.25     2.35
 2005    10         2,929           0         492           2,317           0         354.612      16.25     2.36
 2006    11           910           0         424             796           0         302.686      16.25     2.36
 2007    11           145           0         364             127           0         262.123      16.25     2.35
 2008    10             0           0         365               0           0         250.014       0.00     2.35
 2009    11           546           0         319             358           0         219.109      16.25     2.36
 2010    10         2,027           0         306           1,330           0         210.842      16.25     2.35
 2011    10         1,795           0         459           1,179           0         339.179      16.25     2.35
 2012    11         1,591           0         384           1,044           0         283.852      16.25     2.35
 2013     8         1,409           0         309             925           0         227.476      16.25     2.35
 2014     8         1,249           0         270             819           0         199.787      16.25     2.36
 2015     8         1,107           0         240             726           0         180.390      16.25     2.35
 2016     8           980           0         222             644           0         165.424      16.25     2.35

 SUB-TOTAL         38,331           0       5,525          28,486           0       4,056.811      16.25     2.35
 REMAINDER         80,131           0       3,238          60,999           0       2,463.345      16.25     2.35
 TOTAL            118,462           0       8,763          89,485           0       6,520.156      16.25     2.35

 CUMULATIVE
 ULTIMATE
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>             <C>              <C>      <C>               <C>     <C>           <C>         <C>         <C>
 2002           50,906           0        53,600            0       104,506       1,527       1,608       101,371
 2003          165,644           0     1,475,874            0     1,641,518       4,970      44,276     1,592,272
 2004           79,544           0       969,931            0     1,049,475       2,386      29,097     1,017,992
 2005           37,641           0       835,112            0       872,753       1,129      25,053       846,571
 2006           12,933           0       712,825            0       725,758         388      21,385       703,985
 2007            2,071           0       617,298            0       619,369          63      18,521       600,785
 2008                0           0       588,784            0       588,784           0      17,661       571,123
 2009            5,824           0       516,000            0       521,824         175      15,482       506,167
 2010           21,610           0       496,535            0       518,145         648      14,897       502,600
 2011           19,147           0       798,764            0       817,911         574      23,961       793,376
 2012           16,965           0       668,474            0       685,439         509      20,056       664,874
 2013           15,031           0       535,706            0       550,737         451      16,071       534,215
 2014           13,319           0       470,499            0       483,818         400      14,115       469,303
 2015           11,800           0       424,815            0       436,615         354      12,745       423,516
 2016           10,456           0       389,576            0       400,032         314      11,687       388,031

 SUB-TOT       462,891           0     9,553,793            0    10,016,684      13,888     286,615     9,716,181
 REMAIN        991,237           0     5,801,178            0     6,792,415      29,736     174,034     6,588,645
 TOTAL       1,454,128           0    15,354,971            0    16,809,099      43,624     460,649    16,304,826
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>   <C>               <C>     <C>             <C>           <C>           <C>
 2002          5,500           0     170,000           0       175,500        -74,129       -74,129       -77,739
 2003         65,400           0      60,000           0       125,400      1,466,872     1,392,743     1,271,391
 2004         72,000           0           0           0        72,000        945,992     2,338,735       739,942
 2005         75,950           0      15,000           0        90,950        755,621     3,094,356       533,923
 2006         74,400           0           0           0        74,400        629,585     3,723,941       402,974
 2007         67,200           0           0           0        67,200        533,585     4,257,526       309,043
 2008         67,800           0      10,000           0        77,800        493,323     4,750,849       258,323
 2009         60,301           0      25,000           0        85,301        420,866     5,171,715       199,885
 2010         61,196           0      10,000           0        71,196        431,404     5,603,119       185,338
 2011         63,970           0      30,000           0        93,970        699,406     6,302,525       269,370
 2012         55,705           0           0           0        55,705        609,169     6,911,694       214,818
 2013         54,000           0           0           0        54,000        480,215     7,391,909       153,052
 2014         54,000           0           0           0        54,000        415,303     7,807,212       119,782
 2015         54,000           0           0           0        54,000        369,516     8,176,728        96,456
 2016         54,000           0           0           0        54,000        334,031     8,510,759        78,920

 SUBTOT      885,422           0     320,000           0     1,205,422      8,510,759                   4,755,478
 REMAIN    1,311,558           0     275,000           0     1,586,558      5,002,087    13,512,846       470,983
 TOTAL     2,196,980           0     595,000           0     2,791,980     13,512,846                   5,226,461

   LIFE OF SUMMARY IS 57.67 YEARS.
</TABLE>

<PAGE>


                                 TENGASCO, INC.                        TABLE 184
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 STATE SUMMARY
                                                                                       PROVED
     TENNESSEE PROPERTIES                                                              UNDEVELOPED


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>        <C>         <C>         <C>       <C>          <C>              <C>
 INITIAL -                                                                                  5.00% -    11,028,006
 FINAL   -                                                                                 10.00% -     7,736,459
 REMARKS -                                                                                 15.00% -     5,690,954
                                                                                           20.00% -     4,319,098
                                                                                           25.00% -     3,349,037
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>       <C>               <C>         <C>       <C>           <C>      <C>
 2002     6             0           0         432               0           0         307.777       0.00     2.36
 2003    16             0           0       1,684               0           0       1,300.047       0.00     2.35
 2004    24             0           0       1,688               0           0       1,343.747       0.00     2.35
 2005    24             0           0       1,457               0           0       1,171.786       0.00     2.35
 2006    24             0           0       1,049               0           0         841.375       0.00     2.35
 2007    24             0           0         813               0           0         641.110       0.00     2.35
 2008    24             0           0         703               0           0         553.094       0.00     2.35
 2009    24             0           0         630               0           0         493.651       0.00     2.35
 2010    24             0           0         594               0           0         466.809       0.00     2.36
 2011    24             0           0         544               0           0         428.275       0.00     2.36
 2012    24             0           0         504               0           0         395.168       0.00     2.36
 2013    24             0           0         467               0           0         366.292       0.00     2.35
 2014    24             0           0         435               0           0         340.334       0.00     2.35
 2015    24             0           0         403               0           0         314.279       0.00     2.35
 2016    23             0           0         370               0           0         286.784       0.00     2.36

 SUB-TOTAL              0           0      11,773               0           0       9,250.528       0.00     2.35
 REMAINDER              0           0       2,532               0           0       1,907.270       0.00     2.35
 TOTAL                  0           0      14,305               0           0      11,157.798       0.00     2.35

 CUMULATIVE
 ULTIMATE
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>     <C>                <C>     <C>               <C>    <C>          <C>
 2002                0           0       724,813            0       724,813           0      21,744       703,069
 2003                0           0     3,061,614            0     3,061,614           0      91,850     2,969,764
 2004                0           0     3,164,525            0     3,164,525           0      94,937     3,069,588
 2005                0           0     2,759,551            0     2,759,551           0      82,781     2,676,770
 2006                0           0     1,981,438            0     1,981,438           0      59,448     1,921,990
 2007                0           0     1,509,818            0     1,509,818           0      45,295     1,464,523
 2008                0           0     1,302,532            0     1,302,532           0      39,076     1,263,456
 2009                0           0     1,162,552            0     1,162,552           0      34,874     1,127,678
 2010                0           0     1,099,335            0     1,099,335           0      32,982     1,066,353
 2011                0           0     1,008,589            0     1,008,589           0      30,256       978,333
 2012                0           0       930,617            0       930,617           0      27,917       902,700
 2013                0           0       862,615            0       862,615           0      25,880       836,735
 2014                0           0       801,489            0       801,489           0      24,046       777,443
 2015                0           0       740,128            0       740,128           0      22,202       717,926
 2016                0           0       675,378            0       675,378           0      20,262       655,116

 SUB-TOT             0           0    21,784,994            0    21,784,994           0     653,550    21,131,444
 REMAIN              0           0     4,491,617            0     4,491,617           0     134,747     4,356,870
 TOTAL               0           0    26,276,611            0    26,276,611           0     788,297    25,488,314
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>           <C>              <C> <C>                 <C>   <C>              <C>           <C>           <C>
 2002         10,314           0   1,195,713           0     1,206,027       -502,958      -502,958      -470,576
 2003         78,108           0   2,035,125           0     2,113,233        856,531       353,573       701,513
 2004        115,740           0   2,000,000           0     2,115,740        953,848     1,307,421       741,298
 2005        138,741           0           0           0       138,741      2,538,029     3,845,450     1,797,495
 2006        164,567           0           0           0       164,567      1,757,423     5,602,873     1,126,167
 2007        164,569           0           0           0       164,569      1,299,954     6,902,827       753,723
 2008        164,568           0           0           0       164,568      1,098,888     8,001,715       576,204
 2009        164,568           0           0           0       164,568        963,110     8,964,825       456,827
 2010        164,568           0           0           0       164,568        901,785     9,866,610       387,291
 2011        164,568           0           0           0       164,568        813,765    10,680,375       316,350
 2012        164,568           0           0           0       164,568        738,132    11,418,507       259,736
 2013        164,569           0           0           0       164,569        672,166    12,090,673       214,098
 2014        164,567           0           0           0       164,567        612,876    12,703,549       176,712
 2015        162,467           0           0           0       162,467        555,459    13,259,008       145,019
 2016        157,367           0           0           0       157,367        497,749    13,756,757       117,589

 SUBTOT    2,143,849           0   5,230,838           0     7,374,687     13,756,757                   7,299,446
 REMAIN    1,124,237           0           0           0     1,124,237      3,232,633    16,989,390       437,013
 TOTAL     3,268,086           0   5,230,838           0     8,498,924     16,989,390                   7,736,459

   LIFE OF SUMMARY IS 46.72 YEARS.

</TABLE>

<PAGE>


                                 TENGASCO, INC.                        TABLE 185
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 STATE SUMMARY
                                                                                       TOTAL PROBABLE
     TENNESSEE PROPERTIES                                                              BEHIND PIPE & UNDEV.


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>        <C>         <C>         <C>       <C>          <C>              <C>
 INITIAL -                                                                                  5.00% -       587,912
 FINAL   -                                                                                 10.00% -       370,099
 REMARKS -                                                                                 15.00% -       235,651
                                                                                           20.00% -       150,167
                                                                                           25.00% -        94,638
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003     1             0           0          27               0           0           1.661       0.00     2.35
 2004     1             0           0          22               0           0           1.375       0.00     2.35
 2005     3             0           0         138               0           0         105.203       0.00     2.35
 2006     5             0           0         198               0           0         159.614       0.00     2.35
 2007     5             0           0         144               0           0         112.850       0.00     2.36
 2008     5             0           0         102               0           0          76.924       0.00     2.35
 2009     5             0           0          74               0           0          54.948       0.00     2.36
 2010     5             0           0          63               0           0          44.627       0.00     2.35
 2011     5             0           0          60               0           0          42.227       0.00     2.35
 2012     5             0           0          56               0           0          39.752       0.00     2.36
 2013     5             0           0          74               0           0          37.497       0.00     2.35
 2014     5             0           0          64               0           0          34.106       0.00     2.35
 2015     5             0           0          53               0           0          30.761       0.00     2.36
 2016     5             0           0          45               0           0          28.035       0.00     2.35

 SUB-TOTAL              0           0       1,120               0           0         769.580       0.00     2.35
 REMAINDER              0           0         158               0           0         138.208       0.00     2.36
 TOTAL                  0           0       1,278               0           0         907.788       0.00     2.35

 CUMULATIVE
 ULTIMATE
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0         3,912            0         3,912           0         117         3,795
 2004                0           0         3,239            0         3,239           0          98         3,141
 2005                0           0       247,752            0       247,752           0       7,432       240,320
 2006                0           0       375,890            0       375,890           0      11,276       364,614
 2007                0           0       265,762            0       265,762           0       7,973       257,789
 2008                0           0       181,157            0       181,157           0       5,436       175,721
 2009                0           0       129,402            0       129,402           0       3,882       125,520
 2010                0           0       105,097            0       105,097           0       3,153       101,944
 2011                0           0        99,445            0        99,445           0       2,983        96,462
 2012                0           0        93,615            0        93,615           0       2,809        90,806
 2013                0           0        88,306            0        88,306           0       2,649        85,657
 2014                0           0        80,320            0        80,320           0       2,409        77,911
 2015                0           0        72,443            0        72,443           0       2,174        70,269
 2016                0           0        66,024            0        66,024           0       1,981        64,043

 SUB-TOT             0           0     1,812,364            0     1,812,364           0      54,372     1,757,992
 REMAIN              0           0       325,479            0       325,479           0       9,763       315,716
 TOTAL               0           0     2,137,843            0     2,137,843           0      64,135     2,073,708
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0          3,795         3,795         3,276
 2004              0           0           0           0             0          3,141         6,936         2,453
 2005         10,000           0     400,000           0       410,000       -169,680      -162,744      -128,610
 2006         26,400           0     200,000           0       226,400        138,214       -24,530        84,616
 2007         28,800           0           0           0        28,800        228,989       204,459       132,975
 2008         28,800           0           0           0        28,800        146,921       351,380        77,208
 2009         28,800           0           0           0        28,800         96,720       448,100        46,003
 2010         28,800           0           0           0        28,800         73,144       521,244        31,396
 2011         28,800           0           0           0        28,800         67,662       588,906        26,270
 2012         28,800           0           0           0        28,800         62,006       650,912        21,828
 2013         28,800           0           0           0        28,800         56,857       707,769        18,101
 2014         28,800           0           0           0        28,800         49,111       756,880        14,171
 2015         28,800           0           0           0        28,800         41,469       798,349        10,829
 2016         28,800           0           0           0        28,800         35,243       833,592         8,332

 SUBTOT      324,400           0     600,000           0       924,400        833,592                     348,848
 REMAIN      194,704           0           0           0       194,704        121,012       954,604        21,251
 TOTAL       519,104           0     600,000           0     1,119,104        954,604                     370,099

   LIFE OF SUMMARY IS 22.26 YEARS.
</TABLE>

<PAGE>


                                 TENGASCO, INC.                        TABLE 186
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 STATE SUMMARY
                                                                                       PROBABLE
     TENNESSEE PROPERTIES                                                              BEHIND PIPE


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>        <C>         <C>         <C>       <C>          <C>              <C>
 INITIAL -                                                                                  5.00% -        25,467
 FINAL   -                                                                                 10.00% -        18,394
 REMARKS -                                                                                 15.00% -        13,859
                                                                                           20.00% -        10,833
                                                                                           25.00% -         8,730
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>      <C>            <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003     1             0           0          27               0           0           1.661       0.00     2.35
 2004     1             0           0          22               0           0           1.375       0.00     2.35
 2005     1             0           0          19               0           0           1.200       0.00     2.35
 2006     1             0           0          17               0           0           1.078       0.00     2.35
 2007     1             0           0          16               0           0           0.987       0.00     2.35
 2008     1             0           0          14               0           0           0.916       0.00     2.36
 2009     1             0           0          14               0           0           0.859       0.00     2.35
 2010     1             0           0          13               0           0           0.802       0.00     2.35
 2011     1             0           0          12               0           0           0.750       0.00     2.35
 2012     1             0           0          11               0           0           0.712       0.00     2.35
 2013     1             0           0          34               0           0           2.057       0.00     2.36
 2014     1             0           0          28               0           0           1.782       0.00     2.36
 2015     1             0           0          19               0           0           1.153       0.00     2.36
 2016     1             0           0          13               0           0           0.810       0.00     2.35

 SUB-TOTAL              0           0         259               0           0          16.142       0.00     2.36
 REMAINDER              0           0           0               0           0           0.022       0.00     2.35
 TOTAL                  0           0         259               0           0          16.164       0.00     2.36

 CUMULATIVE
 ULTIMATE
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0         3,912            0         3,912           0         117         3,795
 2004                0           0         3,239            0         3,239           0          98         3,141
 2005                0           0         2,825            0         2,825           0          84         2,741
 2006                0           0         2,538            0         2,538           0          76         2,462
 2007                0           0         2,325            0         2,325           0          70         2,255
 2008                0           0         2,158            0         2,158           0          65         2,093
 2009                0           0         2,022            0         2,022           0          61         1,961
 2010                0           0         1,889            0         1,889           0          56         1,833
 2011                0           0         1,766            0         1,766           0          53         1,713
 2012                0           0         1,677            0         1,677           0          51         1,626
 2013                0           0         4,844            0         4,844           0         145         4,699
 2014                0           0         4,196            0         4,196           0         126         4,070
 2015                0           0         2,717            0         2,717           0          82         2,635
 2016                0           0         1,908            0         1,908           0          57         1,851

 SUB-TOT             0           0        38,016            0        38,016           0       1,141        36,875
 REMAIN              0           0            51            0            51           0           1            50
 TOTAL               0           0        38,067            0        38,067           0       1,142        36,925
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0          3,795         3,795         3,276
 2004              0           0           0           0             0          3,141         6,936         2,453
 2005              0           0           0           0             0          2,741         9,677         1,937
 2006              0           0           0           0             0          2,462        12,139         1,574
 2007              0           0           0           0             0          2,255        14,394         1,306
 2008              0           0           0           0             0          2,093        16,487         1,097
 2009              0           0           0           0             0          1,961        18,448           930
 2010              0           0           0           0             0          1,833        20,281           787
 2011              0           0           0           0             0          1,713        21,994           665
 2012              0           0           0           0             0          1,626        23,620           572
 2013              0           0           0           0             0          4,699        28,319         1,481
 2014              0           0           0           0             0          4,070        32,389         1,177
 2015              0           0           0           0             0          2,635        35,024           690
 2016              0           0           0           0             0          1,851        36,875           438

 SUBTOT            0           0           0           0             0         36,875                      18,383
 REMAIN            0           0           0           0             0             50        36,925            11
 TOTAL             0           0           0           0             0         36,925                      18,394

   LIFE OF SUMMARY IS 15.03 YEARS.

</TABLE>

<PAGE>


                                 TENGASCO, INC.                        TABLE 187
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 STATE SUMMARY
                                                                                       PROBABLE
     TENNESSEE PROPERTIES                                                              UNDEVELOPED


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>        <C>         <C>         <C>       <C>          <C>              <C>
 INITIAL -                                                                                  5.00% -       562,445
 FINAL   -                                                                                 10.00% -       351,705
 REMARKS -                                                                                 15.00% -       221,792
                                                                                           20.00% -       139,334
                                                                                           25.00% -        85,908
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>      <C>            <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005     2             0           0         119               0           0         104.003       0.00     2.35
 2006     4             0           0         181               0           0         158.536       0.00     2.35
 2007     4             0           0         128               0           0         111.863       0.00     2.36
 2008     4             0           0          88               0           0          76.008       0.00     2.35
 2009     4             0           0          60               0           0          54.089       0.00     2.36
 2010     4             0           0          50               0           0          43.825       0.00     2.35
 2011     4             0           0          48               0           0          41.477       0.00     2.35
 2012     4             0           0          45               0           0          39.040       0.00     2.36
 2013     4             0           0          40               0           0          35.440       0.00     2.35
 2014     4             0           0          36               0           0          32.324       0.00     2.35
 2015     4             0           0          34               0           0          29.608       0.00     2.36
 2016     4             0           0          32               0           0          27.225       0.00     2.35

 SUB-TOTAL              0           0         861               0           0         753.438       0.00     2.35
 REMAINDER              0           0         158               0           0         138.187       0.00     2.36
 TOTAL                  0           0       1,019               0           0         891.625       0.00     2.35

 CUMULATIVE
 ULTIMATE
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0       244,927            0       244,927           0       7,348       237,579
 2006                0           0       373,352            0       373,352           0      11,200       362,152
 2007                0           0       263,437            0       263,437           0       7,903       255,534
 2008                0           0       178,999            0       178,999           0       5,371       173,628
 2009                0           0       127,380            0       127,380           0       3,821       123,559
 2010                0           0       103,208            0       103,208           0       3,097       100,111
 2011                0           0        97,679            0        97,679           0       2,930        94,749
 2012                0           0        91,938            0        91,938           0       2,758        89,180
 2013                0           0        83,462            0        83,462           0       2,504        80,958
 2014                0           0        76,124            0        76,124           0       2,283        73,841
 2015                0           0        69,726            0        69,726           0       2,092        67,634
 2016                0           0        64,116            0        64,116           0       1,924        62,192

 SUB-TOT             0           0     1,774,348            0     1,774,348           0      53,231     1,721,117
 REMAIN              0           0       325,428            0       325,428           0       9,762       315,666
 TOTAL               0           0     2,099,776            0     2,099,776           0      62,993     2,036,783
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005         10,000           0     400,000           0       410,000       -172,421      -172,421      -130,547
 2006         26,400           0     200,000           0       226,400        135,752       -36,669        83,042
 2007         28,800           0           0           0        28,800        226,734       190,065       131,669
 2008         28,800           0           0           0        28,800        144,828       334,893        76,111
 2009         28,800           0           0           0        28,800         94,759       429,652        45,073
 2010         28,800           0           0           0        28,800         71,311       500,963        30,609
 2011         28,800           0           0           0        28,800         65,949       566,912        25,605
 2012         28,800           0           0           0        28,800         60,380       627,292        21,256
 2013         28,800           0           0           0        28,800         52,158       679,450        16,620
 2014         28,800           0           0           0        28,800         45,041       724,491        12,994
 2015         28,800           0           0           0        28,800         38,834       763,325        10,139
 2016         28,800           0           0           0        28,800         33,392       796,717         7,894

 SUBTOT      324,400           0     600,000           0       924,400        796,717                     330,465
 REMAIN      194,704           0           0           0       194,704        120,962       917,679        21,240
 TOTAL       519,104           0     600,000           0     1,119,104        917,679                     351,705

   LIFE OF SUMMARY IS 22.26 YEARS.
</TABLE>

<PAGE>


                                 TENGASCO, INC.                        TABLE 188
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 STATE SUMMARY
                                                                                       TOTAL POSSIBLE
     TENNESSEE PROPERTIES                                                              UNDEVELOPED


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>        <C>         <C>         <C>       <C>          <C>              <C>
 INITIAL -                                                                                  5.00% -             0
 FINAL   -                                                                                 10.00% -             0
 REMARKS - UNECONOMIC AT CURRENT PRICES.                                                   15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE
 ULTIMATE
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0
 2016              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0

   LIFE OF SUMMARY IS 0.00 YEARS.
</TABLE>

<PAGE>


                                 TENGASCO, INC.                        TABLE 189
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   11-T1S-R74E                                              PROVED
     ANITA COLSON #1   (KNOX)                                                          PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>        <C>         <C>         <C>       <C>          <C>              <C>
 INITIAL -   1.000000                      0.875000                             2.35        5.00% -        41,860
 FINAL   -   1.000000                      0.875000                             2.35       10.00% -        41,025
 REMARKS -                                                                                 15.00% -        40,215
                                                                                           20.00% -        39,431
                                                                                           25.00% -        38,670
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>        <C>              <C>         <C>        <C>          <C>      <C>
 2002     1             0           0          24               0           0          20.890       0.00     2.36
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0          24               0           0          20.890       0.00     2.36
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0          24               0           0          20.890       0.00     2.36

 CUMULATIVE             0           0           8
 ULTIMATE               0           0          32
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>      <C>               <C>      <C>              <C>     <C>          <C>
 2002                0           0        49,195            0        49,195           0       1,476        47,719
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0        49,195            0        49,195           0       1,476        47,719
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0        49,195            0        49,195           0       1,476        47,719
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>         <C>         <C>       <C>           <C>           <C>           <C>
 2002          4,997           0           0           0         4,997         42,722        42,722        41,025
 2003              0           0           0           0             0              0        42,722             0
 2004              0           0           0           0             0              0        42,722             0
 2005              0           0           0           0             0              0        42,722             0
 2006              0           0           0           0             0              0        42,722             0
 2007              0           0           0           0             0              0        42,722             0
 2008              0           0           0           0             0              0        42,722             0
 2009              0           0           0           0             0              0        42,722             0
 2010              0           0           0           0             0              0        42,722             0
 2011              0           0           0           0             0              0        42,722             0
 2012              0           0           0           0             0              0        42,722             0
 2013              0           0           0           0             0              0        42,722             0
 2014              0           0           0           0             0              0        42,722             0
 2015              0           0           0           0             0              0        42,722             0
 2016              0           0           0           0             0              0        42,722             0

 SUBTOT        4,997           0           0           0         4,997         42,722                      41,025
 REMAIN            0           0           0           0             0              0        42,722             0
 TOTAL         4,997           0           0           0         4,997         42,722                      41,025

   LIFE OF EVALUATION IS 0.83 YEARS.
   FINAL PRODUCTION RATE: 2.3 MMCF/MO
</TABLE>

<PAGE>


                                 TENGASCO, INC.                        TABLE 190
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           OIL LEASE
   TENGASCO INC. - OPERATOR   11-T1S-R74E                                              PROVED
     ANITA COLSON #1 BP   (STONES RIVER)                                               BEHIND PIPE


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>        <C>         <C>         <C>       <C>          <C>              <C>
 INITIAL -   1.000000  0.875000            0.875000     16.25                   2.35        5.00% -       189,557
 FINAL   -   1.000000  0.875000            0.875000     16.25                   2.35       10.00% -       171,950
 REMARKS - RECOMPLETION COST IS SHOWN AS A DEVELOPMENT COST.                               15.00% -       156,300
                                                                                           20.00% -       142,353
                                                                                           25.00% -       129,893
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>       <C>             <C>         <C>         <C>             <C>         <C>        <C>       <C>
2002               1,724           0           4           1,508           0           3.312      16.25     2.35
 2003     1         7,074           0          15           6,190           0          13.592      16.25     2.35
 2004     1         3,570           0           8           3,124           0           6.860      16.25     2.36
 2005     1         1,802           0           4           1,577           0           3.463      16.25     2.35
 2006     1           910           0           2             796           0           1.748      16.25     2.35
 2007     1           145           0           0             127           0           0.280      16.25     2.35
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL         15,225           0          33          13,322           0          29.255      16.25     2.35
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL             15,225           0          33          13,322           0          29.255      16.25     2.35

 CUMULATIVE             0           0           0
 ULTIMATE          15,225           0          33
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>             <C>              <C>       <C>              <C>      <C>            <C>         <C>        <C>
 2002           24,512           0         7,801            0        32,313         735         234        31,344
 2003          100,579           0        32,009            0       132,588       3,018         960       128,610
 2004           50,767           0        16,157            0        66,924       1,523         485        64,916
 2005           25,624           0         8,155            0        33,779         768         245        32,766
 2006           12,933           0         4,116            0        17,049         388         123        16,538
 2007            2,071           0           659            0         2,730          63          20         2,647
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT       216,486           0        68,897            0       285,383       6,495       2,067       276,821
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL         216,486           0        68,897            0       285,383       6,495       2,067       276,821
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>    <C>              <C>      <C>             <C>           <C>           <C>
 2002          1,600           0      25,000           0        26,600          4,744         4,744         4,239
 2003          9,600           0           0           0         9,600        119,010       123,754       103,159
 2004          9,600           0           0           0         9,600         55,316       179,070        43,425
 2005          9,600           0           0           0         9,600         23,166       202,236        16,485
 2006          9,600           0           0           0         9,600          6,938       209,174         4,493
 2007          2,400           0           0           0         2,400            247       209,421           149
 2008              0           0           0           0             0              0       209,421             0
 2009              0           0           0           0             0              0       209,421             0
 2010              0           0           0           0             0              0       209,421             0
 2011              0           0           0           0             0              0       209,421             0
 2012              0           0           0           0             0              0       209,421             0
 2013              0           0           0           0             0              0       209,421             0
 2014              0           0           0           0             0              0       209,421             0
 2015              0           0           0           0             0              0       209,421             0
 2016              0           0           0           0             0              0       209,421             0

 SUBTOT       42,400           0      25,000           0        67,400        209,421                     171,950
 REMAIN            0           0           0           0             0              0       209,421             0
 TOTAL        42,400           0      25,000           0        67,400        209,421                     171,950

   LIFE OF EVALUATION IS 5.25 YEARS.
   FINAL PRODUCTION RATE: 46 BBLS/MO
</TABLE>

<PAGE>


                                 TENGASCO, INC.                        TABLE 191
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   11-T1S-R74E                                              PROVED
     ANITA COLSON #2   (KNOX)                                                          UNDEVELOPED


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>        <C>         <C>         <C>       <C>          <C>              <C>
 INITIAL -   1.000000                      0.875000                             2.35        5.00% -     1,263,596
 FINAL   -   1.000000                      0.875000                             2.35       10.00% -       878,419
 REMARKS - COSTS INCLUDED TO DEEPEN WELL TO THE KNOX.                                      15.00% -       660,428
                                                                                           20.00% -       521,425
                                                                                           25.00% -       425,080
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>        <C>              <C>         <C>        <C>          <C>      <C>
 2002     1             0           0          34               0           0          30.068       0.00     2.36
 2003     1             0           0         114               0           0          99.486       0.00     2.35
 2004     1             0           0          90               0           0          78.851       0.00     2.36
 2005     1             0           0          76               0           0          66.428       0.00     2.36
 2006     1             0           0          66               0           0          57.978       0.00     2.35
 2007     1             0           0          60               0           0          51.792       0.00     2.35
 2008     1             0           0          53               0           0          47.031       0.00     2.35
 2009     1             0           0          50               0           0          43.233       0.00     2.36
 2010     1             0           0          46               0           0          40.120       0.00     2.35
 2011     1             0           0          42               0           0          37.513       0.00     2.36
 2012     1             0           0          41               0           0          35.293       0.00     2.35
 2013     1             0           0          38               0           0          33.374       0.00     2.35
 2014     1             0           0          36               0           0          31.675       0.00     2.35
 2015     1             0           0          34               0           0          30.090       0.00     2.36
 2016     1             0           0          33               0           0          28.586       0.00     2.36

 SUB-TOTAL              0           0         813               0           0         711.518       0.00     2.35
 REMAINDER              0           0         387               0           0         338.485       0.00     2.36
 TOTAL                  0           0       1,200               0           0       1,050.003       0.00     2.35

 CUMULATIVE             0           0           0
 ULTIMATE               0           0       1,200
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>      <C>               <C>      <C>              <C>     <C>          <C>
 2002                0           0        70,809            0        70,809           0       2,124        68,685
 2003                0           0       234,289            0       234,289           0       7,029       227,260
 2004                0           0       185,693            0       185,693           0       5,571       180,122
 2005                0           0       156,437            0       156,437           0       4,693       151,744
 2006                0           0       136,539            0       136,539           0       4,096       132,443
 2007                0           0       121,969            0       121,969           0       3,659       118,310
 2008                0           0       110,758            0       110,758           0       3,323       107,435
 2009                0           0       101,814            0       101,814           0       3,054        98,760
 2010                0           0        94,482            0        94,482           0       2,835        91,647
 2011                0           0        88,344            0        88,344           0       2,650        85,694
 2012                0           0        83,114            0        83,114           0       2,493        80,621
 2013                0           0        78,596            0        78,596           0       2,358        76,238
 2014                0           0        74,593            0        74,593           0       2,238        72,355
 2015                0           0        70,863            0        70,863           0       2,126        68,737
 2016                0           0        67,319            0        67,319           0       2,020        65,299

 SUB-TOT             0           0     1,675,619            0     1,675,619           0      50,269     1,625,350
 REMAIN              0           0       797,132            0       797,132           0      23,914       773,218
 TOTAL               0           0     2,472,751            0     2,472,751           0      74,183     2,398,568
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                               DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>   <C>               <C>     <C>             <C>           <C>           <C>
 2002          1,500           0     100,000           0       101,500        -32,815       -32,815       -30,828
 2003          6,000           0           0           0         6,000        221,260       188,445       191,082
 2004          6,000           0           0           0         6,000        174,122       362,567       136,028
 2005          6,000           0           0           0         6,000        145,744       508,311       103,028
 2006          7,200           0           0           0         7,200        125,243       633,554        80,126
 2007          7,200           0           0           0         7,200        111,110       744,664        64,336
 2008          7,200           0           0           0         7,200        100,235       844,899        52,531
 2009          7,200           0           0           0         7,200         91,560       936,459        43,433
 2010          7,200           0           0           0         7,200         84,447     1,020,906        36,259
 2011          7,200           0           0           0         7,200         78,494     1,099,400        30,507
 2012          7,200           0           0           0         7,200         73,421     1,172,821        25,829
 2013          7,200           0           0           0         7,200         69,038     1,241,859        21,984
 2014          7,200           0           0           0         7,200         65,155     1,307,014        18,780
 2015          7,200           0           0           0         7,200         61,537     1,368,551        16,057
 2016          7,200           0           0           0         7,200         58,099     1,426,650        13,722

 SUBTOT       98,700           0     100,000           0       198,700      1,426,650                     802,874
 REMAIN      137,010           0           0           0       137,010        636,208     2,062,858        75,545
 TOTAL       235,710           0     100,000           0       335,710      2,062,858                     878,419

   LIFE OF EVALUATION IS 34.03 YEARS.
   FINAL PRODUCTION RATE: 1.0 MMCF/MO
</TABLE>

<PAGE>


                                 TENGASCO, INC.                        TABLE 192
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   MILLER PETROLEUM - OPERATOR   12-T1S-R74E                                           PROVED
     BOBBY YEARY #1   (REEDSVILLE-TRENTON)                                             PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
 <S>          <C>       <C>       <C>        <C>         <C>         <C>       <C>        <C>              <C>
 INITIAL -   0.500000                      0.437500                             2.35        5.00% -        60,307
 FINAL   -   0.500000                      0.437500                             2.35       10.00% -        53,412
 REMARKS -                                                                                 15.00% -        47,658
                                                                                           20.00% -        42,824
                                                                                           25.00% -        38,736
</TABLE>


<TABLE>
<CAPTION>
                ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>        <C>              <C>         <C>         <C>         <C>      <C>
 2002     1             0           0          18               0           0           7.911       0.00     2.35
 2003     1             0           0          16               0           0           7.162       0.00     2.35
 2004     1             0           0          15               0           0           6.516       0.00     2.36
 2005     1             0           0          14               0           0           5.955       0.00     2.35
 2006     1             0           0          12               0           0           5.464       0.00     2.35
 2007     1             0           0          12               0           0           5.033       0.00     2.35
 2008     1             0           0           1               0           0           0.601       0.00     2.35
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0          88               0           0          38.642       0.00     2.36
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0          88               0           0          38.642       0.00     2.36

 CUMULATIVE             0           0           3
 ULTIMATE               0           0          91
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>      <C>               <C>      <C>              <C>       <C>        <C>
 2002                0           0        18,630            0        18,630           0         559        18,071
 2003                0           0        16,867            0        16,867           0         506        16,361
 2004                0           0        15,345            0        15,345           0         460        14,885
 2005                0           0        14,023            0        14,023           0         421        13,602
 2006                0           0        12,869            0        12,869           0         386        12,483
 2007                0           0        11,852            0        11,852           0         356        11,496
 2008                0           0         1,416            0         1,416           0          42         1,374
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0        91,002            0        91,002           0       2,730        88,272
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0        91,002            0        91,002           0       2,730        88,272
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>         <C>         <C>       <C>           <C>           <C>           <C>
 2002          3,000           0           0           0         3,000         15,071        15,071        14,359
 2003          3,000           0           0           0         3,000         13,361        28,432        11,523
 2004          3,000           0           0           0         3,000         11,885        40,317         9,279
 2005          3,000           0           0           0         3,000         10,602        50,919         7,492
 2006          3,600           0           0           0         3,600          8,883        59,802         5,682
 2007          3,600           0           0           0         3,600          7,896        67,698         4,572
 2008            450           0           0           0           450            924        68,622           505
 2009              0           0           0           0             0              0        68,622             0
 2010              0           0           0           0             0              0        68,622             0
 2011              0           0           0           0             0              0        68,622             0
 2012              0           0           0           0             0              0        68,622             0
 2013              0           0           0           0             0              0        68,622             0
 2014              0           0           0           0             0              0        68,622             0
 2015              0           0           0           0             0              0        68,622             0
 2016              0           0           0           0             0              0        68,622             0

 SUBTOT       19,650           0           0           0        19,650         68,622                      53,412
 REMAIN            0           0           0           0             0              0        68,622             0
 TOTAL        19,650           0           0           0        19,650         68,622                      53,412

   LIFE OF EVALUATION IS 6.13 YEARS.
   FINAL PRODUCTION RATE: 0.9 MMCF/MO
</TABLE>

<PAGE>

                                 TENGASCO, INC.                        TABLE 193
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE

<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   MILLER PETROLEUM - OPERATOR                                                         PROVED
     BOBBY YEARY #1 BP   (KNOX)                                                        BEHIND PIPE

                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
 <S>          <C>       <C>       <C>        <C>         <C>         <C>       <C>        <C>             <C>
 INITIAL -   0.500000                      0.437500                             2.35        5.00% -        53,773
 FINAL   -   0.500000                      0.437500                             2.35       10.00% -        36,966
 REMARKS - CAPITAL INCLUDED TO PERFORATE KNOX PAY.                                         15.00% -        25,493
                                                                                           20.00% -        17,635
                                                                                           25.00% -        12,235
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>        <C>              <C>         <C>        <C>          <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0          38               0           0          16.606       0.00     2.35
 2009     1             0           0          32               0           0          14.034       0.00     2.36
 2010     1             0           0          23               0           0          10.162       0.00     2.35
 2011     1             0           0           7               0           0           2.950       0.00     2.35
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0         100               0           0          43.752       0.00     2.35
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0         100               0           0          43.752       0.00     2.35

 CUMULATIVE             0           0           0
 ULTIMATE               0           0         100
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>      <C>               <C>      <C>              <C>     <C>          <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0        39,107            0        39,107           0       1,173        37,934
 2009                0           0        33,051            0        33,051           0         992        32,059
 2010                0           0        23,931            0        23,931           0         718        23,213
 2011                0           0         6,946            0         6,946           0         208         6,738
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0       103,035            0       103,035           0       3,091        99,944
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0       103,035            0       103,035           0       3,091        99,944
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>    <C>              <C>      <C>            <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008          3,000           0      10,000           0        13,000         24,934        24,934        12,799
 2009          3,600           0           0           0         3,600         28,459        53,393        13,534
 2010          3,600           0           0           0         3,600         19,613        73,006         8,440
 2011          1,270           0           0           0         1,270          5,468        78,474         2,193
 2012              0           0           0           0             0              0        78,474             0
 2013              0           0           0           0             0              0        78,474             0
 2014              0           0           0           0             0              0        78,474             0
 2015              0           0           0           0             0              0        78,474             0
 2016              0           0           0           0             0              0        78,474             0

 SUBTOT       11,470           0      10,000           0        21,470         78,474                      36,966
 REMAIN            0           0           0           0             0              0        78,474             0
 TOTAL        11,470           0      10,000           0        21,470         78,474                      36,966

   LIFE OF EVALUATION IS 9.35 YEARS.
   FINAL PRODUCTION RATE: 1.5 MMCF/MO
</TABLE>

<PAGE>


                                 TENGASCO, INC.                        TABLE 194
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           OIL LEASE
   TENGASCO INC. - OPERATOR   11-T1S-R74E                                              PROVED
     BOBBY YEARY NO. 2   (STONES RIVER)                                                PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>        <C>         <C>         <C>       <C>          <C>            <C>
 INITIAL -   0.500000  0.437500                         16.25                               5.00% -       107,497
 FINAL   -   0.500000  0.437500                         16.25                              10.00% -        91,080
 REMARKS - PAT **********START DATE WAS DEC2001  I CHGD IT TO GET IT TO RUN                15.00% -        78,620
                                                                                           20.00% -        68,945
                                                                                           25.00% -        61,276
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>       <C>             <C>         <C>         <C>             <C>         <C>        <C>       <C>
 2002     1         4,112           0           0           1,799           0           0.000      16.25     0.00
 2003     1         3,618           0           0           1,583           0           0.000      16.25     0.00
 2004     1         3,184           0           0           1,393           0           0.000      16.25     0.00
 2005     1         2,802           0           0           1,226           0           0.000      16.25     0.00
 2006     1         2,465           0           0           1,078           0           0.000      16.25     0.00
 2007     1         2,170           0           0             950           0           0.000      16.25     0.00
 2008     1         1,910           0           0             835           0           0.000      16.25     0.00
 2009     1         1,680           0           0             735           0           0.000      16.25     0.00
 2010     1         1,479           0           0             647           0           0.000      16.25     0.00
 2011     1         1,301           0           0             569           0           0.000      16.25     0.00
 2012     1         1,145           0           0             501           0           0.000      16.25     0.00
 2013     1         1,008           0           0             441           0           0.000      16.25     0.00
 2014     1           886           0           0             388           0           0.000      16.25     0.00
 2015     1           781           0           0             342           0           0.000      16.25     0.00
 2016     1           297           0           0             129           0           0.000      16.25     0.00

 SUB-TOTAL         28,838           0           0          12,616           0           0.000      16.25     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL             28,838           0           0          12,616           0           0.000      16.25     0.00

 CUMULATIVE             0           0           0
 ULTIMATE          28,838           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>             <C>              <C>           <C>          <C>      <C>           <C>           <C>      <C>
 2002           29,231           0             0            0        29,231         877           0        28,354
 2003           25,723           0             0            0        25,723         772           0        24,951
 2004           22,637           0             0            0        22,637         679           0        21,958
 2005           19,920           0             0            0        19,920         597           0        19,323
 2006           17,529           0             0            0        17,529         526           0        17,003
 2007           15,426           0             0            0        15,426         463           0        14,963
 2008           13,575           0             0            0        13,575         407           0        13,168
 2009           11,946           0             0            0        11,946         359           0        11,587
 2010           10,513           0             0            0        10,513         315           0        10,198
 2011            9,251           0             0            0         9,251         278           0         8,973
 2012            8,141           0             0            0         8,141         244           0         7,897
 2013            7,163           0             0            0         7,163         215           0         6,948
 2014            6,305           0             0            0         6,305         189           0         6,116
 2015            5,547           0             0            0         5,547         166           0         5,381
 2016            2,111           0             0            0         2,111          64           0         2,047

 SUB-TOT       205,018           0             0            0       205,018       6,151           0       198,867
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL         205,018           0             0            0       205,018       6,151           0       198,867
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>         <C>         <C>       <C>          <C>           <C>           <C>
 2002          4,800           0           0           0         4,800         23,554        23,554        22,448
 2003          4,800           0           0           0         4,800         20,151        43,705        17,384
 2004          4,800           0           0           0         4,800         17,158        60,863        13,400
 2005          4,800           0           0           0         4,800         14,523        75,386        10,268
 2006          4,800           0           0           0         4,800         12,203        87,589         7,810
 2007          4,800           0           0           0         4,800         10,163        97,752         5,888
 2008          4,800           0           0           0         4,800          8,368       106,120         4,390
 2009          4,800           0           0           0         4,800          6,787       112,907         3,223
 2010          4,800           0           0           0         4,800          5,398       118,305         2,321
 2011          4,800           0           0           0         4,800          4,173       122,478         1,624
 2012          4,800           0           0           0         4,800          3,097       125,575         1,092
 2013          4,800           0           0           0         4,800          2,148       127,723           686
 2014          4,800           0           0           0         4,800          1,316       129,039           381
 2015          4,800           0           0           0         4,800            581       129,620           153
 2016          2,000           0           0           0         2,000             47       129,667            12

 SUBTOT       69,200           0           0           0        69,200        129,667                      91,080
 REMAIN            0           0           0           0             0              0       129,667             0
 TOTAL        69,200           0           0           0        69,200        129,667                      91,080

   LIFE OF EVALUATION IS 14.42 YEARS.
   FINAL PRODUCTION RATE: 58 BBLS/MO
</TABLE>

<PAGE>




                                 TENGASCO, INC.                        TABLE 195
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           OIL LEASE
   MILLER PETROLEUM - OPERATOR                                                         PROVED
     CHERYL SMITH #1   (TRENTON)                                                       SHUT-IN


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>        <C>         <C>         <C>       <C>          <C>            <C>
INITIAL -   0.500000  0.437500                         16.25                               5.00% -        31,040
 FINAL   -   0.500000  0.437500                         16.25                              10.00% -        29,928
 REMARKS -                                                                                 15.00% -        28,864
                                                                                           20.00% -        27,845
                                                                                           25.00% -        26,868
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>       <C>             <C>         <C>         <C>             <C>         <C>        <C>       <C>
 2002     1         4,333           0           0           1,896           0           0.000      16.25     0.00
 2003     1           808           0           0             353           0           0.000      16.25     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL          5,141           0           0           2,249           0           0.000      16.25     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL              5,141           0           0           2,249           0           0.000      16.25     0.00

 CUMULATIVE             0           0           0
 ULTIMATE           5,141           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>             <C>              <C>           <C>          <C>      <C>            <C>           <C>      <C>
 2002           30,805           0             0            0        30,805         924           0        29,881
 2003            5,741           0             0            0         5,741         172           0         5,569
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT        36,546           0             0            0        36,546       1,096           0        35,450
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL          36,546           0             0            0        36,546       1,096           0        35,450
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>         <C>         <C>       <C>           <C>           <C>           <C>
 2002          1,500           0           0           0         1,500         28,381        28,381        26,526
 2003          1,750           0           0           0         1,750          3,819        32,200         3,402
 2004              0           0           0           0             0              0        32,200             0
 2005              0           0           0           0             0              0        32,200             0
 2006              0           0           0           0             0              0        32,200             0
 2007              0           0           0           0             0              0        32,200             0
 2008              0           0           0           0             0              0        32,200             0
 2009              0           0           0           0             0              0        32,200             0
 2010              0           0           0           0             0              0        32,200             0
 2011              0           0           0           0             0              0        32,200             0
 2012              0           0           0           0             0              0        32,200             0
 2013              0           0           0           0             0              0        32,200             0
 2014              0           0           0           0             0              0        32,200             0
 2015              0           0           0           0             0              0        32,200             0
 2016              0           0           0           0             0              0        32,200             0

 SUBTOT        3,250           0           0           0         3,250         32,200                      29,928
 REMAIN            0           0           0           0             0              0        32,200             0
 TOTAL         3,250           0           0           0         3,250         32,200                      29,928

   LIFE OF EVALUATION IS 1.58 YEARS.
   FINAL PRODUCTION RATE: 41 BBLS/MO
</TABLE>

<PAGE>



                                 TENGASCO, INC.                        TABLE 196
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO - OPERATOR                                                                 PROVED
     CHERYL SMITH #2   (KNOX)                                                          UNDEVELOPED


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>        <C>         <C>         <C>       <C>          <C>            <C>
 INITIAL -   1.000000                      0.875000                             2.35        5.00% -       433,208
 FINAL   -   1.000000                      0.875000                             2.35       10.00% -       350,076
 REMARKS - CAPITAL INCLUDED TO DRILL AND COMPLETE.                                         15.00% -       289,299
                                                                                           20.00% -       243,492
                                                                                           25.00% -       208,009
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
 <S>      <C>           <C>         <C>        <C>              <C>         <C>        <C>          <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003     1             0           0          66               0           0          57.789       0.00     2.36
 2004     1             0           0          46               0           0          40.643       0.00     2.35
 2005     1             0           0          35               0           0          29.757       0.00     2.35
 2006     1             0           0          27               0           0          24.118       0.00     2.36
 2007     1             0           0          24               0           0          20.570       0.00     2.35
 2008     1             0           0          20               0           0          18.096       0.00     2.35
 2009     1             0           0          19               0           0          16.253       0.00     2.35
 2010     1             0           0          17               0           0          14.818       0.00     2.35
 2011     1             0           0          15               0           0          13.663       0.00     2.36
 2012     1             0           0          15               0           0          12.710       0.00     2.35
 2013     1             0           0          14               0           0          11.907       0.00     2.35
 2014     1             0           0          12               0           0          11.221       0.00     2.35
 2015     1             0           0           9               0           0           7.581       0.00     2.35
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0         319               0           0         279.126       0.00     2.35
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0         319               0           0         279.126       0.00     2.35

 CUMULATIVE             0           0           0
 ULTIMATE               0           0         319
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>     <C>              <C>      <C>              <C>      <C>         <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0       136,092            0       136,092           0       4,083       132,009
 2004                0           0        95,715            0        95,715           0       2,871        92,844
 2005                0           0        70,077            0        70,077           0       2,103        67,974
 2006                0           0        56,798            0        56,798           0       1,703        55,095
 2007                0           0        48,443            0        48,443           0       1,454        46,989
 2008                0           0        42,615            0        42,615           0       1,278        41,337
 2009                0           0        38,276            0        38,276           0       1,148        37,128
 2010                0           0        34,896            0        34,896           0       1,047        33,849
 2011                0           0        32,176            0        32,176           0         966        31,210
 2012                0           0        29,932            0        29,932           0         898        29,034
 2013                0           0        28,042            0        28,042           0         841        27,201
 2014                0           0        26,425            0        26,425           0         793        25,632
 2015                0           0        17,852            0        17,852           0         535        17,317
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0       657,339            0       657,339           0      19,720       637,619
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0       657,339            0       657,339           0      19,720       637,619
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>         <C>         <C>       <C>          <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003          5,000           0           0           0         5,000        127,009       127,009       109,072
 2004          6,000           0           0           0         6,000         86,844       213,853        67,965
 2005          6,000           0           0           0         6,000         61,974       275,827        43,851
 2006          7,200           0           0           0         7,200         47,895       323,722        30,661
 2007          7,200           0           0           0         7,200         39,789       363,511        23,049
 2008          7,200           0           0           0         7,200         34,137       397,648        17,898
 2009          7,200           0           0           0         7,200         29,928       427,576        14,201
 2010          7,200           0           0           0         7,200         26,649       454,225        11,445
 2011          7,200           0           0           0         7,200         24,010       478,235         9,334
 2012          7,200           0           0           0         7,200         21,834       500,069         7,683
 2013          7,200           0           0           0         7,200         20,001       520,070         6,370
 2014          7,200           0           0           0         7,200         18,432       538,502         5,314
 2015          5,098           0           0           0         5,098         12,219       550,721         3,233
 2016              0           0           0           0             0              0       550,721             0

 SUBTOT       86,898           0           0           0        86,898        550,721                     350,076
 REMAIN            0           0           0           0             0              0       550,721             0
 TOTAL        86,898           0           0           0        86,898        550,721                     350,076

   LIFE OF EVALUATION IS 13.71 YEARS.
   FINAL PRODUCTION RATE: 1.0 MMCF/MO
</TABLE>

<PAGE>


                                 TENGASCO, INC.                        TABLE 197
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   11-T1S-R74E                                              PROVED
     CHEVRON REED #1   (KNOX)                                                          PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>        <C>         <C>         <C>       <C>          <C>                 <C>
 INITIAL -   1.000000                      0.875000                             2.35        5.00% -             4
 FINAL   -   1.000000                      0.875000                             2.35       10.00% -             4
 REMARKS -                                                                                 15.00% -             4
                                                                                           20.00% -             4
                                                                                           25.00% -             4
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002     1             0           0           1               0           0           0.658       0.00     2.35
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           1               0           0           0.658       0.00     2.35
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           1               0           0           0.658       0.00     2.35

 CUMULATIVE             0           0           0
 ULTIMATE               0           0           1
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>       <C>              <C>       <C>             <C>        <C>        <C>
 2002                0           0         1,551            0         1,551           0          47         1,504
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0         1,551            0         1,551           0          47         1,504
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0         1,551            0         1,551           0          47         1,504
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>         <C>         <C>       <C>                <C>           <C>           <C>
 2002          1,500           0           0           0         1,500              4             4             4
 2003              0           0           0           0             0              0             4             0
 2004              0           0           0           0             0              0             4             0
 2005              0           0           0           0             0              0             4             0
 2006              0           0           0           0             0              0             4             0
 2007              0           0           0           0             0              0             4             0
 2008              0           0           0           0             0              0             4             0
 2009              0           0           0           0             0              0             4             0
 2010              0           0           0           0             0              0             4             0
 2011              0           0           0           0             0              0             4             0
 2012              0           0           0           0             0              0             4             0
 2013              0           0           0           0             0              0             4             0
 2014              0           0           0           0             0              0             4             0
 2015              0           0           0           0             0              0             4             0
 2016              0           0           0           0             0              0             4             0

 SUBTOT        1,500           0           0           0         1,500              4                           4
 REMAIN            0           0           0           0             0              0             4             0
 TOTAL         1,500           0           0           0         1,500              4                           4

   LIFE OF EVALUATION IS 0.25 YEARS.
   FINAL PRODUCTION RATE: 0.3 MMCF/MO
</TABLE>

<PAGE>


                                 TENGASCO, INC.                        TABLE 198
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   11-T1S-R74E                                              PROVED
     D. SUTTON HEIRS #1   (KNOX)                                                       PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
 <S>          <C>       <C>       <C>      <C>         <C>         <C>          <C>       <C>              <C>
 INITIAL -   1.000000                      0.678444                             2.35        5.00% -        89,842
 FINAL   -   1.000000                      0.678444                             2.35       10.00% -        87,909
 REMARKS -                                                                                 15.00% -        86,042
                                                                                           20.00% -        84,238
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>        <C>              <C>         <C>        <C>          <C>      <C>
 2002     1             0           0          63               0           0          42.833       0.00     2.36
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0          63               0           0          42.833       0.00     2.36
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0          63               0           0          42.833       0.00     2.36

 CUMULATIVE             0           0          65
 ULTIMATE               0           0         128
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>     <C>                <C>     <C>               <C>     <C>          <C>
 2002                0           0       100,872            0       100,872           0       3,026        97,846
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0       100,872            0       100,872           0       3,026        97,846
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0       100,872            0       100,872           0       3,026        97,846
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>         <C>         <C>       <C>           <C>           <C>           <C>
 2002          6,000           0           0           0         6,000         91,846        91,846        87,909
 2003              0           0           0           0             0              0        91,846             0
 2004              0           0           0           0             0              0        91,846             0
 2005              0           0           0           0             0              0        91,846             0
 2006              0           0           0           0             0              0        91,846             0
 2007              0           0           0           0             0              0        91,846             0
 2008              0           0           0           0             0              0        91,846             0
 2009              0           0           0           0             0              0        91,846             0
 2010              0           0           0           0             0              0        91,846             0
 2011              0           0           0           0             0              0        91,846             0
 2012              0           0           0           0             0              0        91,846             0
 2013              0           0           0           0             0              0        91,846             0
 2014              0           0           0           0             0              0        91,846             0
 2015              0           0           0           0             0              0        91,846             0
 2016              0           0           0           0             0              0        91,846             0

 SUBTOT        6,000           0           0           0         6,000         91,846                      87,909
 REMAIN            0           0           0           0             0              0        91,846             0
 TOTAL         6,000           0           0           0         6,000         91,846                      87,909

   LIFE OF EVALUATION IS 1.00 YEARS.
   FINAL PRODUCTION RATE: 4.1 MMCF/MO
</TABLE>

<PAGE>


                                 TENGASCO, INC.                        TABLE 199
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   11-T1S-R74E                                              PROVED
     D. SUTTON HEIRS #1 BP   (TRENTON)                                                 BEHIND PIPE


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>         <C>         <C>         <C>         <C>            <C>
 INITIAL -   1.000000                      0.678444                             2.35        5.00% -       209,679
 FINAL   -   1.000000                      0.678444                             2.35       10.00% -       175,729
 REMARKS - CAPITAL INCLUDED TO RECOMPLETE TO TRENTON.                                      15.00% -       148,387
                                                                                           20.00% -       126,185
                                                                                           25.00% -       108,011
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>       <C>               <C>         <C>       <C>           <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003     1             0           0          49               0           0          33.339       0.00     2.35
 2004     1             0           0          40               0           0          27.189       0.00     2.35
 2005     1             0           0          34               0           0          22.617       0.00     2.35
 2006     1             0           0          28               0           0          19.123       0.00     2.35
 2007     1             0           0          24               0           0          16.391       0.00     2.36
 2008     1             0           0          21               0           0          14.213       0.00     2.35
 2009     1             0           0          10               0           0           6.888       0.00     2.36
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0         206               0           0         139.760       0.00     2.35
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0         206               0           0         139.760       0.00     2.35

 CUMULATIVE             0           0           0
 ULTIMATE               0           0         206
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>      <C>               <C>      <C>              <C>     <C>          <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0        78,515            0        78,515           0       2,355        76,160
 2004                0           0        64,030            0        64,030           0       1,921        62,109
 2005                0           0        53,263            0        53,263           0       1,598        51,665
 2006                0           0        45,034            0        45,034           0       1,351        43,683
 2007                0           0        38,600            0        38,600           0       1,158        37,442
 2008                0           0        33,471            0        33,471           0       1,004        32,467
 2009                0           0        16,221            0        16,221           0         487        15,734
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0       329,134            0       329,134           0       9,874       319,260
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0       329,134            0       329,134           0       9,874       319,260
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
 <S>            <C>             <C>    <C>              <C>      <C>            <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003          7,200           0      20,000           0        27,200         48,960        48,960        41,503
 2004          7,200           0           0           0         7,200         54,909       103,869        42,902
 2005          7,200           0           0           0         7,200         44,465       148,334        31,445
 2006          7,200           0           0           0         7,200         36,483       184,817        23,352
 2007          7,200           0           0           0         7,200         30,242       215,059        17,522
 2008          7,200           0           0           0         7,200         25,267       240,326        13,250
 2009          3,870           0           0           0         3,870         11,864       252,190         5,755
 2010              0           0           0           0             0              0       252,190             0
 2011              0           0           0           0             0              0       252,190             0
 2012              0           0           0           0             0              0       252,190             0
 2013              0           0           0           0             0              0       252,190             0
 2014              0           0           0           0             0              0       252,190             0
 2015              0           0           0           0             0              0       252,190             0
 2016              0           0           0           0             0              0       252,190             0

 SUBTOT       47,070           0      20,000           0        67,070        252,190                     175,729
 REMAIN            0           0           0           0             0              0       252,190             0
 TOTAL        47,070           0      20,000           0        67,070        252,190                     175,729

   LIFE OF EVALUATION IS 7.54 YEARS.
   FINAL PRODUCTION RATE: 1.5 MMCF/MO
</TABLE>

<PAGE>


                                 TENGASCO, INC.                        TABLE 200
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR                                                            PROVED
     D. SUTTON HEIRS #3   (KNOX)                                                       UNDEVELOPED


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
 <S>          <C>       <C>       <C>        <C>         <C>         <C>       <C>         <C>          <C>
 INITIAL -   1.000000                      0.678444                             2.35        5.00% -     1,812,482
 FINAL   -   1.000000                      0.678444                             2.35       10.00% -     1,199,674
 REMARKS - CAPITAL INCLUDED TO REDRILL SUTTON HEIRS #1 TO RECOVER                          15.00% -       871,420
           REMAINDER OF KNOX RESERVES.                                                     20.00% -       667,774
                                                                                           25.00% -       529,217
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
 <S>       <C>          <C>         <C>       <C>               <C>         <C>       <C>           <C>      <C>
2002                    0           0           0               0           0           0.000       0.00     0.00
 2003     1             0           0         258               0           0         175.224       0.00     2.36
 2004     1             0           0         175               0           0         118.856       0.00     2.35
 2005     1             0           0         142               0           0          96.219       0.00     2.36
 2006     1             0           0         123               0           0          83.038       0.00     2.35
 2007     1             0           0         109               0           0          74.133       0.00     2.35
 2008     1             0           0         100               0           0          67.597       0.00     2.36
 2009     1             0           0          92               0           0          62.534       0.00     2.36
 2010     1             0           0          86               0           0          58.463       0.00     2.35
 2011     1             0           0          81               0           0          55.096       0.00     2.36
 2012     1             0           0          77               0           0          52.242       0.00     2.35
 2013     1             0           0          73               0           0          49.631       0.00     2.36
 2014     1             0           0          70               0           0          47.149       0.00     2.35
 2015     1             0           0          66               0           0          44.792       0.00     2.36
 2016     1             0           0          63               0           0          42.552       0.00     2.35

 SUB-TOTAL              0           0       1,515               0           0       1,027.526       0.00     2.35
 REMAINDER              0           0         957               0           0         649.588       0.00     2.35
 TOTAL                  0           0       2,472               0           0       1,677.114       0.00     2.35

 CUMULATIVE             0           0           0
 ULTIMATE               0           0       2,472
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>     <C>                <C>     <C>               <C>    <C>          <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0       412,652            0       412,652           0      12,380       400,272
 2004                0           0       279,906            0       279,906           0       8,397       271,509
 2005                0           0       226,596            0       226,596           0       6,798       219,798
 2006                0           0       195,554            0       195,554           0       5,866       189,688
 2007                0           0       174,584            0       174,584           0       5,238       169,346
 2008                0           0       159,190            0       159,190           0       4,775       154,415
 2009                0           0       147,268            0       147,268           0       4,418       142,850
 2010                0           0       137,680            0       137,680           0       4,131       133,549
 2011                0           0       129,752            0       129,752           0       3,892       125,860
 2012                0           0       123,029            0       123,029           0       3,691       119,338
 2013                0           0       116,881            0       116,881           0       3,507       113,374
 2014                0           0       111,037            0       111,037           0       3,331       107,706
 2015                0           0       105,485            0       105,485           0       3,164       102,321
 2016                0           0       100,210            0       100,210           0       3,007        97,203

 SUB-TOT             0           0     2,419,824            0     2,419,824           0      72,595     2,347,229
 REMAIN              0           0     1,529,779            0     1,529,779           0      45,893     1,483,886
 TOTAL               0           0     3,949,603            0     3,949,603           0     118,488     3,831,115
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>   <C>               <C>     <C>            <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003          6,000           0     250,000           0       256,000        144,272       144,272       115,947
 2004          6,000           0           0           0         6,000        265,509       409,781       207,532
 2005          6,000           0           0           0         6,000        213,798       623,579       151,159
 2006          7,200           0           0           0         7,200        182,488       806,067       116,752
 2007          7,200           0           0           0         7,200        162,146       968,213        93,884
 2008          7,200           0           0           0         7,200        147,215     1,115,428        77,148
 2009          7,200           0           0           0         7,200        135,650     1,251,078        64,342
 2010          7,200           0           0           0         7,200        126,349     1,377,427        54,246
 2011          7,200           0           0           0         7,200        118,660     1,496,087        46,113
 2012          7,200           0           0           0         7,200        112,138     1,608,225        39,446
 2013          7,200           0           0           0         7,200        106,174     1,714,399        33,809
 2014          7,200           0           0           0         7,200        100,506     1,814,905        28,970
 2015          7,200           0           0           0         7,200         95,121     1,910,026        24,819
 2016          7,200           0           0           0         7,200         90,003     2,000,029        21,257

 SUBTOT       97,200           0     250,000           0       347,200      2,000,029                   1,075,424
 REMAIN      228,361           0           0           0       228,361      1,255,525     3,255,554       124,250
 TOTAL       325,561           0     250,000           0       575,561      3,255,554                   1,199,674

   LIFE OF EVALUATION IS 46.72 YEARS.
   FINAL PRODUCTION RATE: 1.0 MMCF/MO
</TABLE>

<PAGE>

                                 TENGASCO, INC.                        TABLE 201
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   6-T1S-R75E                                               PROVED
     DARNELL SUTTON #1   (KNOX)                                                        SHUT-IN


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
 <S>          <C>       <C>       <C>      <C>         <C>         <C>          <C>        <C>            <C>
 INITIAL -   1.000000                      0.875000                             2.35        5.00% -       173,944
 FINAL   -   1.000000                      0.875000                             2.35       10.00% -       159,963
 REMARKS -                                                                                 15.00% -       147,328
                                                                                           20.00% -       135,894
                                                                                           25.00% -       125,529
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>        <C>              <C>         <C>        <C>          <C>      <C>
 2002     1             0           0          20               0           0          17.468       0.00     2.35
 2003     1             0           0          44               0           0          38.265       0.00     2.35
 2004     1             0           0          38               0           0          33.517       0.00     2.35
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0         102               0           0          89.250       0.00     2.35
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0         102               0           0          89.250       0.00     2.35

 CUMULATIVE             0           0           0
 ULTIMATE               0           0         102
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>      <C>               <C>      <C>              <C>     <C>          <C>
 2002                0           0        41,136            0        41,136           0       1,234        39,902
 2003                0           0        90,115            0        90,115           0       2,704        87,411
 2004                0           0        78,933            0        78,933           0       2,368        76,565
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0       210,184            0       210,184           0       6,306       203,878
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0       210,184            0       210,184           0       6,306       203,878
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>         <C>         <C>       <C>           <C>          <C>           <C>
 2002          2,500           0           0           0         2,500         37,402        37,402        34,576
 2003          6,000           0           0           0         6,000         81,411       118,813        70,222
 2004          5,940           0           0           0         5,940         70,625       189,438        55,165
 2005              0           0           0           0             0              0       189,438             0
 2006              0           0           0           0             0              0       189,438             0
 2007              0           0           0           0             0              0       189,438             0
 2008              0           0           0           0             0              0       189,438             0
 2009              0           0           0           0             0              0       189,438             0
 2010              0           0           0           0             0              0       189,438             0
 2011              0           0           0           0             0              0       189,438             0
 2012              0           0           0           0             0              0       189,438             0
 2013              0           0           0           0             0              0       189,438             0
 2014              0           0           0           0             0              0       189,438             0
 2015              0           0           0           0             0              0       189,438             0
 2016              0           0           0           0             0              0       189,438             0

 SUBTOT       14,440           0           0           0        14,440        189,438                     159,963
 REMAIN            0           0           0           0             0              0       189,438             0
 TOTAL        14,440           0           0           0        14,440        189,438                     159,963

   LIFE OF EVALUATION IS 2.99 YEARS.
   FINAL PRODUCTION RATE: 3.1 MMCF/MO
</TABLE>

<PAGE>


                                 TENGASCO, INC.                        TABLE 202
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   MILLER PETROLEUM - OPERATOR   6-T1S-R75E                                            PROVED
     DEANNA CROSS #1   (KNOX)                                                          SHUT-IN


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>         <C>         <C>       <C>           <C>            <C>
 INITIAL -   0.500000                      0.437500                             2.35        5.00% -       167,136
 FINAL   -   0.500000                      0.437500                             2.35       10.00% -       142,115
 REMARKS -                                                                                 15.00% -       122,495
                                                                                           20.00% -       106,860
                                                                                           25.00% -        94,208
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>        <C>              <C>         <C>        <C>          <C>      <C>
 2002     1             0           0          27               0           0          12.002       0.00     2.35
 2003     1             0           0          46               0           0          19.893       0.00     2.36
 2004     1             0           0          33               0           0          14.309       0.00     2.35
 2005     1             0           0          26               0           0          11.509       0.00     2.35
 2006     1             0           0          22               0           0           9.774       0.00     2.35
 2007     1             0           0          20               0           0           8.574       0.00     2.36
 2008     1             0           0          17               0           0           7.687       0.00     2.35
 2009     1             0           0          16               0           0           6.998       0.00     2.35
 2010     1             0           0          15               0           0           6.446       0.00     2.36
 2011     1             0           0           8               0           0           3.433       0.00     2.35
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0         230               0           0         100.625       0.00     2.35
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0         230               0           0         100.625       0.00     2.35

 CUMULATIVE             0           0           0
 ULTIMATE               0           0         230
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>     <C>                <C>      <C>             <C>      <C>         <C>
 2002                0           0        28,265            0        28,265           0         848        27,417
 2003                0           0        46,847            0        46,847           0       1,405        45,442
 2004                0           0        33,698            0        33,698           0       1,011        32,687
 2005                0           0        27,104            0        27,104           0         813        26,291
 2006                0           0        23,018            0        23,018           0         691        22,327
 2007                0           0        20,193            0        20,193           0         606        19,587
 2008                0           0        18,102            0        18,102           0         543        17,559
 2009                0           0        16,480            0        16,480           0         494        15,986
 2010                0           0        15,179            0        15,179           0         456        14,723
 2011                0           0         8,086            0         8,086           0         242         7,844
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0       236,972            0       236,972           0       7,109       229,863
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0       236,972            0       236,972           0       7,109       229,863
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>         <C>         <C>       <C>           <C>          <C>            <C>
 2002          1,250           0           0           0         1,250         26,167        26,167        24,210
 2003          3,000           0           0           0         3,000         42,442        68,609        36,703
 2004          3,000           0           0           0         3,000         29,687        98,296        23,208
 2005          3,000           0           0           0         3,000         23,291       121,587        16,472
 2006          3,600           0           0           0         3,600         18,727       140,314        11,985
 2007          3,600           0           0           0         3,600         15,987       156,301         9,259
 2008          3,600           0           0           0         3,600         13,959       170,260         7,318
 2009          3,600           0           0           0         3,600         12,386       182,646         5,877
 2010          3,600           0           0           0         3,600         11,123       193,769         4,776
 2011          2,033           0           0           0         2,033          5,811       199,580         2,307
 2012              0           0           0           0             0              0       199,580             0
 2013              0           0           0           0             0              0       199,580             0
 2014              0           0           0           0             0              0       199,580             0
 2015              0           0           0           0             0              0       199,580             0
 2016              0           0           0           0             0              0       199,580             0

 SUBTOT       30,283           0           0           0        30,283        199,580                     142,115
 REMAIN            0           0           0           0             0              0       199,580             0
 TOTAL        30,283           0           0           0        30,283        199,580                     142,115

   LIFE OF EVALUATION IS 9.56 YEARS.
   FINAL PRODUCTION RATE: 1.1 MMCF/MO
</TABLE>

<PAGE>


                                 TENGASCO, INC.                        TABLE 203
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   MILLER PETROLEUM - OPERATOR   6-T1S-R75E                                            PROVED
     DEANNA CROSS #1 BP   (KNOX)                                                       BEHIND PIPE


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>         <C>         <C>          <C>        <C>            <C>
 INITIAL -   0.500000                      0.437500                             2.35        5.00% -       119,941
 FINAL   -   0.500000                      0.437500                             2.35       10.00% -        66,380
 REMARKS - CAPITAL INCLUDED TO PERFORATE REMAINDER OF KNOX PAY.                            15.00% -        37,115
                                                                                           20.00% -        20,950
                                                                                           25.00% -        11,930
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>        <C>              <C>         <C>        <C>          <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0          34               0           0          14.739       0.00     2.35
 2012     1             0           0          60               0           0          26.278       0.00     2.36
 2013     1             0           0          45               0           0          19.823       0.00     2.36
 2014     1             0           0          35               0           0          15.333       0.00     2.36
 2015     1             0           0          28               0           0          12.110       0.00     2.35
 2016     1             0           0          22               0           0           9.736       0.00     2.35

 SUB-TOTAL              0           0         224               0           0          98.019       0.00     2.35
 REMAINDER              0           0          32               0           0          13.771       0.00     2.35
 TOTAL                  0           0         256               0           0         111.790       0.00     2.35

 CUMULATIVE             0           0           0
 ULTIMATE               0           0         256
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>      <C>               <C>      <C>              <C>     <C>          <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0        34,711            0        34,711           0       1,041        33,670
 2012                0           0        61,884            0        61,884           0       1,857        60,027
 2013                0           0        46,684            0        46,684           0       1,400        45,284
 2014                0           0        36,109            0        36,109           0       1,084        35,025
 2015                0           0        28,518            0        28,518           0         855        27,663
 2016                0           0        22,928            0        22,928           0         688        22,240

 SUB-TOT             0           0       230,834            0       230,834           0       6,925       223,909
 REMAIN              0           0        32,431            0        32,431           0         973        31,458
 TOTAL               0           0       263,265            0       263,265           0       7,898       255,367
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
 <S>           <C>             <C>    <C>              <C>      <C>           <C>           <C>           <C>
2002               0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011          1,500           0      10,000           0        11,500         22,170        22,170         8,321
 2012          3,600           0           0           0         3,600         56,427        78,597        19,892
 2013          3,600           0           0           0         3,600         41,684       120,281        13,299
 2014          3,600           0           0           0         3,600         31,425       151,706         9,074
 2015          3,600           0           0           0         3,600         24,063       175,769         6,289
 2016          3,600           0           0           0         3,600         18,640       194,409         4,410

 SUBTOT       19,500           0      10,000           0        29,500        194,409                      61,285
 REMAIN        6,754           0           0           0         6,754         24,704       219,113         5,095
 TOTAL        26,254           0      10,000           0        36,254        219,113                      66,380

   LIFE OF EVALUATION IS 16.88 YEARS.
   FINAL PRODUCTION RATE: 1.2 MMCF/MO
</TABLE>

<PAGE>


                                 TENGASCO, INC.                        TABLE 204
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           OIL LEASE
   MILLER PETROLEUM - OPERATOR   6-T1S-R75E                                            PROVED
     DEWEY SUTTON #1   (TRENTON)                                                       PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
 <S>         <C>       <C>       <C>       <C>          <C>         <C>       <C>          <C>             <C>
 INITIAL -   0.500000  0.437500                         16.25                               5.00% -        42,575
 FINAL   -   0.500000  0.437500                         16.25                              10.00% -        37,417
 REMARKS -                                                                                 15.00% -        33,238
                                                                                           20.00% -        29,811
                                                                                           25.00% -        26,967
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>       <C>             <C>         <C>         <C>             <C>         <C>        <C>       <C>
 2002     1         2,340           0           0           1,024           0           0.000      16.25     0.00
 2003     1         2,059           0           0             901           0           0.000      16.25     0.00
 2004     1         1,812           0           0             792           0           0.000      16.25     0.00
 2005     1         1,595           0           0             698           0           0.000      16.25     0.00
 2006     1         1,403           0           0             614           0           0.000      16.25     0.00
 2007     1         1,235           0           0             540           0           0.000      16.25     0.00
 2008     1         1,087           0           0             476           0           0.000      16.25     0.00
 2009     1           956           0           0             418           0           0.000      16.25     0.00
 2010     1           842           0           0             368           0           0.000      16.25     0.00
 2011     1           740           0           0             324           0           0.000      16.25     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL         14,069           0           0           6,155           0           0.000      16.25     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL             14,069           0           0           6,155           0           0.000      16.25     0.00

 CUMULATIVE         8,665           0           0
 ULTIMATE          22,734           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>             <C>              <C>           <C>          <C>      <C>            <C>           <C>      <C>
 2002           16,636           0             0            0        16,636         499           0        16,137
 2003           14,640           0             0            0        14,640         439           0        14,201
 2004           12,883           0             0            0        12,883         387           0        12,496
 2005           11,337           0             0            0        11,337         340           0        10,997
 2006            9,976           0             0            0         9,976         299           0         9,677
 2007            8,779           0             0            0         8,779         264           0         8,515
 2008            7,726           0             0            0         7,726         231           0         7,495
 2009            6,799           0             0            0         6,799         204           0         6,595
 2010            5,983           0             0            0         5,983         180           0         5,803
 2011            5,265           0             0            0         5,265         158           0         5,107
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT       100,024           0             0            0       100,024       3,001           0        97,023
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL         100,024           0             0            0       100,024       3,001           0        97,023
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>         <C>         <C>       <C>           <C>           <C>           <C>
 2002          4,800           0           0           0         4,800         11,337        11,337        10,807
 2003          4,800           0           0           0         4,800          9,401        20,738         8,113
 2004          4,800           0           0           0         4,800          7,696        28,434         6,012
 2005          4,800           0           0           0         4,800          6,197        34,631         4,383
 2006          4,800           0           0           0         4,800          4,877        39,508         3,124
 2007          4,800           0           0           0         4,800          3,715        43,223         2,154
 2008          4,800           0           0           0         4,800          2,695        45,918         1,416
 2009          4,800           0           0           0         4,800          1,795        47,713           854
 2010          4,800           0           0           0         4,800          1,003        48,716           433
 2011          4,800           0           0           0         4,800            307        49,023           121
 2012              0           0           0           0             0              0        49,023             0
 2013              0           0           0           0             0              0        49,023             0
 2014              0           0           0           0             0              0        49,023             0
 2015              0           0           0           0             0              0        49,023             0
 2016              0           0           0           0             0              0        49,023             0

 SUBTOT       48,000           0           0           0        48,000         49,023                      37,417
 REMAIN            0           0           0           0             0              0        49,023             0
 TOTAL        48,000           0           0           0        48,000         49,023                      37,417

   LIFE OF EVALUATION IS 10.00 YEARS.
   FINAL PRODUCTION RATE: 58 BBLS/MO
</TABLE>

<PAGE>



                                 TENGASCO, INC.                        TABLE 205
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   11-T1S-R74E                                              PROVED
     DORIS HELTON #1   (KNOX)                                                          PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>         <C>         <C>          <C>        <C>             <C>
 INITIAL -   1.000000                      0.875000                             2.35        5.00% -        13,722
 FINAL   -   1.000000                      0.875000                             2.35       10.00% -        12,139
 REMARKS -                                                                                 15.00% -        10,833
                                                                                           20.00% -         9,746
                                                                                           25.00% -         8,831
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002     1             0           0           5               0           0           4.143       0.00     2.35
 2003     1             0           0           4               0           0           4.019       0.00     2.35
 2004     1             0           0           5               0           0           3.898       0.00     2.35
 2005     1             0           0           4               0           0           3.781       0.00     2.35
 2006     1             0           0           4               0           0           3.668       0.00     2.35
 2007     1             0           0           4               0           0           3.558       0.00     2.35
 2008     1             0           0           4               0           0           3.451       0.00     2.35
 2009     1             0           0           4               0           0           3.347       0.00     2.35
 2010     1             0           0           4               0           0           3.247       0.00     2.35
 2011     1             0           0           2               0           0           1.587       0.00     2.36
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0          40               0           0          34.699       0.00     2.36
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0          40               0           0          34.699       0.00     2.36

 CUMULATIVE             0           0           1
 ULTIMATE               0           0          41
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>       <C>              <C>       <C>             <C>       <C>         <C>
 2002                0           0         9,756            0         9,756           0         293         9,463
 2003                0           0         9,464            0         9,464           0         284         9,180
 2004                0           0         9,180            0         9,180           0         275         8,905
 2005                0           0         8,905            0         8,905           0         267         8,638
 2006                0           0         8,637            0         8,637           0         259         8,378
 2007                0           0         8,378            0         8,378           0         252         8,126
 2008                0           0         8,127            0         8,127           0         243         7,884
 2009                0           0         7,883            0         7,883           0         237         7,646
 2010                0           0         7,647            0         7,647           0         229         7,418
 2011                0           0         3,737            0         3,737           0         112         3,625
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0        81,714            0        81,714           0       2,451        79,263
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0        81,714            0        81,714           0       2,451        79,263
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>         <C>         <C>       <C>            <C>           <C>           <C>
 2002          6,000           0           0           0         6,000          3,463         3,463         3,298
 2003          6,000           0           0           0         6,000          3,180         6,643         2,742
 2004          6,000           0           0           0         6,000          2,905         9,548         2,268
 2005          6,000           0           0           0         6,000          2,638        12,186         1,864
 2006          7,200           0           0           0         7,200          1,178        13,364           754
 2007          7,200           0           0           0         7,200            926        14,290           537
 2008          7,200           0           0           0         7,200            684        14,974           359
 2009          7,200           0           0           0         7,200            446        15,420           212
 2010          7,200           0           0           0         7,200            218        15,638            95
 2011          3,600           0           0           0         3,600             25        15,663            10
 2012              0           0           0           0             0              0        15,663             0
 2013              0           0           0           0             0              0        15,663             0
 2014              0           0           0           0             0              0        15,663             0
 2015              0           0           0           0             0              0        15,663             0
 2016              0           0           0           0             0              0        15,663             0

 SUBTOT       63,600           0           0           0        63,600         15,663                      12,139
 REMAIN            0           0           0           0             0              0        15,663             0
 TOTAL        63,600           0           0           0        63,600         15,663                      12,139

   LIFE OF EVALUATION IS 9.50 YEARS.
   FINAL PRODUCTION RATE: 0.3 MMCF/MO

</TABLE>

<PAGE>


                                 TENGASCO, INC.                        TABLE 206
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   11-T1S-R74E                                              PROVED
     DORIS HELTON #1 BP1   (KNOX)                                                      BEHIND PIPE


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>         <C>         <C>       <C>           <C>            <C>
 INITIAL -   1.000000                      0.875000                             2.35        5.00% -       666,920
 FINAL   -   1.000000                      0.875000                             2.35       10.00% -       356,976
 REMARKS - CAPITAL INCLUDED TO PERFORATE REMAINDER OF KNOX PAY.                            15.00% -       196,866
                                                                                           20.00% -       111,106
                                                                                           25.00% -        63,841
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0         153               0           0         133.564       0.00     2.35
 2012     1             0           0         113               0           0          99.443       0.00     2.35
 2013     1             0           0          71               0           0          61.738       0.00     2.35
 2014     1             0           0          54               0           0          47.137       0.00     2.35
 2015     1             0           0          44               0           0          38.957       0.00     2.35
 2016     1             0           0          39               0           0          33.605       0.00     2.36

 SUB-TOTAL              0           0         474               0           0         414.444       0.00     2.35
 REMAINDER              0           0         238               0           0         208.569       0.00     2.35
 TOTAL                  0           0         712               0           0         623.013       0.00     2.35

 CUMULATIVE             0           0           0
 ULTIMATE               0           0         712
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0       314,543            0       314,543           0       9,436       305,107
 2012                0           0       234,190            0       234,190           0       7,026       227,164
 2013                0           0       145,393            0       145,393           0       4,362       141,031
 2014                0           0       111,008            0       111,008           0       3,330       107,678
 2015                0           0        91,743            0        91,743           0       2,752        88,991
 2016                0           0        79,141            0        79,141           0       2,375        76,766

 SUB-TOT             0           0       976,018            0       976,018           0      29,281       946,737
 REMAIN              0           0       491,180            0       491,180           0      14,735       476,445
 TOTAL               0           0     1,467,198            0     1,467,198           0      44,016     1,423,182
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>    <C>              <C>      <C>           <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011          3,600           0      20,000           0        23,600        281,507       281,507       107,129
 2012          7,200           0           0           0         7,200        219,964       501,471        77,783
 2013          7,200           0           0           0         7,200        133,831       635,302        42,717
 2014          7,200           0           0           0         7,200        100,478       735,780        29,005
 2015          7,200           0           0           0         7,200         81,791       817,571        21,363
 2016          7,200           0           0           0         7,200         69,566       887,137        16,443

 SUBTOT       39,600           0      20,000           0        59,600        887,137                     294,440
 REMAIN       69,138           0           0           0        69,138        407,307     1,294,444        62,536
 TOTAL       108,738           0      20,000           0       128,738      1,294,444                     356,976

   LIFE OF EVALUATION IS 24.60 YEARS.
   FINAL PRODUCTION RATE: 1.5 MMCF/MO
</TABLE>

<PAGE>


                                 TENGASCO, INC.                        TABLE 207
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   11-T1S-R74E                                              PROVED
     DORIS HELTON #1 BP2   (TRENTON-STONE RIVER)                                       BEHIND PIPE


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
 <S>          <C>       <C>       <C>       <C>         <C>         <C>        <C>         <C>            <C>
INITIAL -   1.000000                       0.875000                             2.35        5.00% -        45,469
 FINAL   -   1.000000                      0.875000                             2.35       10.00% -        12,084
 REMARKS - RECOMPLETION COST IS SHOWN AS A DEVELOPMENT COST.                               15.00% -         3,239
                                                                                           20.00% -           875
                                                                                           25.00% -           238
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0         112               0           0          98.000       0.00     2.35
 TOTAL                  0           0         112               0           0          98.000       0.00     2.35

 CUMULATIVE             0           0           0
 ULTIMATE               0           0         112
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0       230,790            0       230,790           0       6,924       223,866
 TOTAL               0           0       230,790            0       230,790           0       6,924       223,866
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>           <C>              <C>    <C>              <C>      <C>           <C>           <C>            <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0
 2016              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN       31,294           0      20,000           0        51,294        172,572       172,572        12,084
 TOTAL        31,294           0      20,000           0        51,294        172,572                      12,084

   LIFE OF EVALUATION IS 29.01 YEARS.
   FINAL PRODUCTION RATE: 1.5 MMCF/MO
</TABLE>

<PAGE>


                                 TENGASCO, INC.                        TABLE 208
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   11-T1S-R74E                                              PROBABLE
     F. WELLS #1   (KNOX)                                                              UNDEVELOPED


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
 <S>          <C>       <C>       <C>       <C>         <C>         <C>       <C>          <C>                 <C>
 INITIAL -   1.000000                                                                       5.00% -             0
 FINAL   -   1.000000                                                                      10.00% -             0
 REMARKS - UNECONOMIC AT CURRENT PRICES.                                                   15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE             0           0           0
 ULTIMATE               0           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0
 2016              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0.0 MMCF/MO
</TABLE>

<PAGE>


                                 TENGASCO, INC.                        TABLE 209
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   7-T1S-R75E                                               PROVED
     FRED PORTRUM #1   (KNOX)                                                          PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>         <C>         <C>       <C>          <C>                   <C>
 INITIAL -   1.000000                                                                       5.00% -             0
 FINAL   -   1.000000                                                                      10.00% -             0
 REMARKS -                                                                                 15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE             0           0           1
 ULTIMATE               0           0           1
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0
 2016              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0.0 MMCF/MO
</TABLE>

<PAGE>



                                 TENGASCO, INC.                        TABLE 210
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   7-T1S-R75E                                               PROVED
     FRED PORTRUM #2   (KNOX)                                                          PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>         <C>         <C>       <C>          <C>                   <C>
 INITIAL -   1.000000                                                                       5.00% -             0
 FINAL   -   1.000000                                                                      10.00% -             0
 REMARKS - NO REMAINING RECOVERABLE RESERVES.                                              15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE             0           0           0
 ULTIMATE               0           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                               DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0
 2016              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0.0 MMCF/MO
</TABLE>

<PAGE>




                                 TENGASCO, INC.                        TABLE 211
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   6-T1S-R75E                                               PROVED
     GARY PATTON #2   (KNOX)                                                           PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>         <C>         <C>       <C>           <C>            <C>
 INITIAL -   1.000000                      0.656250                             2.35        5.00% -        10,722
 FINAL   -   1.000000                      0.656250                             2.35       10.00% -        10,312
 REMARKS -                                                                                 15.00% -         9,930
                                                                                           20.00% -         9,575
                                                                                           25.00% -         9,244
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002     1             0           0           9               0           0           5.917       0.00     2.35
 2003     1             0           0           6               0           0           3.792       0.00     2.36
 2004     1             0           0           4               0           0           3.028       0.00     2.35
 2005     1             0           0           2               0           0           1.124       0.00     2.35
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0          21               0           0          13.861       0.00     2.36
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0          21               0           0          13.861       0.00     2.36

 CUMULATIVE             0           0           9
 ULTIMATE               0           0          30
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>      <C>               <C>      <C>              <C>       <C>        <C>
 2002                0           0        13,934            0        13,934           0         418        13,516
 2003                0           0         8,931            0         8,931           0         268         8,663
 2004                0           0         7,132            0         7,132           0         214         6,918
 2005                0           0         2,647            0         2,647           0          79         2,568
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0        32,644            0        32,644           0         979        31,665
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0        32,644            0        32,644           0         979        31,665
</TABLE>



<PAGE>

<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>         <C>         <C>       <C>            <C>           <C>           <C>
 2002          6,000           0           0           0         6,000          7,516         7,516         7,226
 2003          6,000           0           0           0         6,000          2,663        10,179         2,312
 2004          6,000           0           0           0         6,000            918        11,097           724
 2005          2,500           0           0           0         2,500             68        11,165            50
 2006              0           0           0           0             0              0        11,165             0
 2007              0           0           0           0             0              0        11,165             0
 2008              0           0           0           0             0              0        11,165             0
 2009              0           0           0           0             0              0        11,165             0
 2010              0           0           0           0             0              0        11,165             0
 2011              0           0           0           0             0              0        11,165             0
 2012              0           0           0           0             0              0        11,165             0
 2013              0           0           0           0             0              0        11,165             0
 2014              0           0           0           0             0              0        11,165             0
 2015              0           0           0           0             0              0        11,165             0
 2016              0           0           0           0             0              0        11,165             0

 SUBTOT       20,500           0           0           0        20,500         11,165                      10,312
 REMAIN            0           0           0           0             0              0        11,165             0
 TOTAL        20,500           0           0           0        20,500         11,165                      10,312

   LIFE OF EVALUATION IS 3.42 YEARS.
   FINAL PRODUCTION RATE: 0.3 MMCF/MO
</TABLE>

<PAGE>


                                 TENGASCO, INC.                        TABLE 212
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   6-T1S-R75E                                               PROVED
     GARY PATTON #2 BP1   (KNOX)                                                       BEHIND PIPE


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
 <S>         <C>       <C>       <C>       <C>         <C>         <C>       <C>           <C>            <C>
 INITIAL -   1.000000                      0.656250                             2.35        5.00% -       698,663
 FINAL   -   1.000000                      0.656250                             2.35       10.00% -       513,000
 REMARKS - CAPITAL INCLUDED TO PERFORATE REMAINDER OF KNOX PAY.                            15.00% -       397,376
                                                                                           20.00% -       319,985
                                                                                           25.00% -       264,970
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>        <C>              <C>         <C>        <C>          <C>      <C>
 2002     1             0           0          28               0           0          18.356       0.00     2.35
 2003     1             0           0          87               0           0          57.406       0.00     2.35
 2004     1             0           0          68               0           0          44.393       0.00     2.35
 2005     1             0           0          57               0           0          37.543       0.00     2.35
 2006     1             0           0          51               0           0          33.133       0.00     2.35
 2007     1             0           0          45               0           0          29.987       0.00     2.35
 2008     1             0           0          43               0           0          27.597       0.00     2.35
 2009     1             0           0          39               0           0          25.701       0.00     2.35
 2010     1             0           0          36               0           0          24.149       0.00     2.35
 2011     1             0           0          35               0           0          22.847       0.00     2.35
 2012     1             0           0          33               0           0          21.698       0.00     2.35
 2013     1             0           0          32               0           0          20.613       0.00     2.35
 2014     1             0           0          30               0           0          19.583       0.00     2.36
 2015     1             0           0          28               0           0          18.604       0.00     2.35
 2016     1             0           0          27               0           0          17.673       0.00     2.35

 SUB-TOTAL              0           0         639               0           0         419.283       0.00     2.35
 REMAINDER              0           0         156               0           0         102.435       0.00     2.35
 TOTAL                  0           0         795               0           0         521.718       0.00     2.35

 CUMULATIVE             0           0           0
 ULTIMATE               0           0         795
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>     <C>                <C>     <C>               <C>     <C>         <C>
 2002                0           0        43,229            0        43,229           0       1,297        41,932
 2003                0           0       135,193            0       135,193           0       4,056       131,137
 2004                0           0       104,545            0       104,545           0       3,136       101,409
 2005                0           0        88,414            0        88,414           0       2,652        85,762
 2006                0           0        78,028            0        78,028           0       2,341        75,687
 2007                0           0        70,619            0        70,619           0       2,119        68,500
 2008                0           0        64,991            0        64,991           0       1,950        63,041
 2009                0           0        60,524            0        60,524           0       1,815        58,709
 2010                0           0        56,870            0        56,870           0       1,706        55,164
 2011                0           0        53,806            0        53,806           0       1,615        52,191
 2012                0           0        51,100            0        51,100           0       1,533        49,567
 2013                0           0        48,544            0        48,544           0       1,456        47,088
 2014                0           0        46,118            0        46,118           0       1,383        44,735
 2015                0           0        43,811            0        43,811           0       1,315        42,496
 2016                0           0        41,621            0        41,621           0       1,248        40,373

 SUB-TOT             0           0       987,413            0       987,413           0      29,622       957,791
 REMAIN              0           0       241,235            0       241,235           0       7,237       233,998
 TOTAL               0           0     1,228,648            0     1,228,648           0      36,859     1,191,789
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                               DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>    <C>             <C>       <C>          <C>           <C>           <C>
 2002          1,500           0      20,000           0        21,500         20,432        20,432        17,151
 2003          6,000           0           0           0         6,000        125,137       145,569       108,126
 2004          6,000           0           0           0         6,000         95,409       240,978        74,541
 2005          6,000           0           0           0         6,000         79,762       320,740        56,383
 2006          7,200           0           0           0         7,200         68,487       389,227        43,812
 2007          7,200           0           0           0         7,200         61,300       450,527        35,492
 2008          7,200           0           0           0         7,200         55,841       506,368        29,263
 2009          7,200           0           0           0         7,200         51,509       557,877        24,432
 2010          7,200           0           0           0         7,200         47,964       605,841        20,593
 2011          7,200           0           0           0         7,200         44,991       650,832        17,484
 2012          7,200           0           0           0         7,200         42,367       693,199        14,904
 2013          7,200           0           0           0         7,200         39,888       733,087        12,702
 2014          7,200           0           0           0         7,200         37,535       770,622        10,820
 2015          7,200           0           0           0         7,200         35,296       805,918         9,210
 2016          7,200           0           0           0         7,200         33,173       839,091         7,835

 SUBTOT       98,700           0      20,000           0       118,700        839,091                     482,748
 REMAIN       51,083           0           0           0        51,083        182,915     1,022,006        30,252
 TOTAL       149,783           0      20,000           0       169,783      1,022,006                     513,000

   LIFE OF EVALUATION IS 22.09 YEARS.
   FINAL PRODUCTION RATE: 1.5 MMCF/MO
</TABLE>

<PAGE>



                                 TENGASCO, INC.                        TABLE 213
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           OIL LEASE
   TENGASCO INC. - OPERATOR   6-T1S-R75E                                               PROVED
     GARY PATTON #2 BP2   (TRENTON-MURFREESBORO)                                       BEHIND PIPE


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
 <S>         <C>       <C>       <C>       <C>         <C>         <C>          <C>        <C>            <C>
 INITIAL -   1.000000  0.656250            0.656250     16.25                   2.35        5.00% -        70,813
 FINAL   -   1.000000  0.656250            0.656250     16.25                   2.35       10.00% -        21,932
 REMARKS - RECOMPLETION COST IS SHOWN AS A DEVELOPMENT COST.                               15.00% -         6,843
                                                                                           20.00% -         2,151
                                                                                           25.00% -           681
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER         20,123           0          67          13,206           0          44.148      16.25     2.36
 TOTAL             20,123           0          67          13,206           0          44.148      16.25     2.36

 CUMULATIVE             0           0           0
 ULTIMATE          20,123           0          67
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>            <C>               <C>     <C>                <C>     <C>           <C>         <C>         <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN        214,598           0       103,968            0       318,566       6,438       3,119       309,009
 TOTAL         214,598           0       103,968            0       318,566       6,438       3,119       309,009
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>           <C>              <C>    <C>              <C>      <C>           <C>           <C>            <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0
 2016              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN       53,600           0      25,000           0        78,600        230,409       230,409        21,932
 TOTAL        53,600           0      25,000           0        78,600        230,409                      21,932

   LIFE OF EVALUATION IS 27.75 YEARS.
   FINAL PRODUCTION RATE: 53 BBLS/MO
</TABLE>

<PAGE>




                                 TENGASCO, INC.                        TABLE 214
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   11-T1S-R74E                                              PROBABLE
     GUY TOBEY #`1   (KNOX)                                                            UNDEVELOPED


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>         <C>         <C>       <C>           <C>                  <C>
 INITIAL -   1.000000                                                                       5.00% -             0
 FINAL   -   1.000000                                                                      10.00% -             0
 REMARKS - UNECONOMIC AT CURRENT PRICES.                                                   15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE             0           0           0
 ULTIMATE               0           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0
 2016              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0.0 MMCF/MO
</TABLE>

<PAGE>





                                 TENGASCO, INC.                        TABLE 215
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   11-T1S-R74E                                              PROVED
     HAZEL SUTTON #2   (KNOX)                                                          PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>         <C>         <C>       <C>           <C>            <C>
 INITIAL -   1.000000                      0.875000                             2.35        5.00% -       262,227
 FINAL   -   1.000000                      0.875000                             2.35       10.00% -       187,740
 REMARKS -                                                                                 15.00% -       145,163
                                                                                           20.00% -       118,109
                                                                                           25.00% -        99,529
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>        <C>              <C>         <C>        <C>          <C>      <C>
 2002     1             0           0          18               0           0          15.640       0.00     2.35
 2003     1             0           0          17               0           0          14.978       0.00     2.35
 2004     1             0           0          16               0           0          14.344       0.00     2.35
 2005     1             0           0          16               0           0          13.737       0.00     2.35
 2006     1             0           0          15               0           0          13.155       0.00     2.35
 2007     1             0           0          15               0           0          12.598       0.00     2.35
 2008     1             0           0          13               0           0          12.065       0.00     2.35
 2009     1             0           0          14               0           0          11.554       0.00     2.35
 2010     1             0           0          12               0           0          11.065       0.00     2.35
 2011     1             0           0          12               0           0          10.596       0.00     2.35
 2012     1             0           0          12               0           0          10.147       0.00     2.36
 2013     1             0           0          11               0           0           9.718       0.00     2.35
 2014     1             0           0          11               0           0           9.306       0.00     2.36
 2015     1             0           0          10               0           0           8.912       0.00     2.35
 2016     1             0           0          10               0           0           8.535       0.00     2.35

 SUB-TOTAL              0           0         202               0           0         176.350       0.00     2.35
 REMAINDER              0           0         137               0           0         120.216       0.00     2.35
 TOTAL                  0           0         339               0           0         296.566       0.00     2.35

 CUMULATIVE             0           0          18
 ULTIMATE               0           0         357
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>      <C>               <C>      <C>              <C>     <C>          <C>
 2002                0           0        36,833            0        36,833           0       1,105        35,728
 2003                0           0        35,273            0        35,273           0       1,058        34,215
 2004                0           0        33,780            0        33,780           0       1,014        32,766
 2005                0           0        32,349            0        32,349           0         970        31,379
 2006                0           0        30,980            0        30,980           0         929        30,051
 2007                0           0        29,668            0        29,668           0         891        28,777
 2008                0           0        28,413            0        28,413           0         852        27,561
 2009                0           0        27,209            0        27,209           0         816        26,393
 2010                0           0        26,057            0        26,057           0         782        25,275
 2011                0           0        24,953            0        24,953           0         748        24,205
 2012                0           0        23,898            0        23,898           0         717        23,181
 2013                0           0        22,885            0        22,885           0         687        22,198
 2014                0           0        21,917            0        21,917           0         657        21,260
 2015                0           0        20,988            0        20,988           0         630        20,358
 2016                0           0        20,100            0        20,100           0         603        19,497

 SUB-TOT             0           0       415,303            0       415,303           0      12,459       402,844
 REMAIN              0           0       283,109            0       283,109           0       8,493       274,616
 TOTAL               0           0       698,412            0       698,412           0      20,952       677,460
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>         <C>         <C>       <C>           <C>          <C>            <C>
 2002          6,000           0           0           0         6,000         29,728        29,728        28,308
 2003          6,000           0           0           0         6,000         28,215        57,943        24,320
 2004          6,000           0           0           0         6,000         26,766        84,709        20,885
 2005          6,000           0           0           0         6,000         25,379       110,088        17,925
 2006          7,200           0           0           0         7,200         22,851       132,939        14,611
 2007          7,200           0           0           0         7,200         21,577       154,516        12,488
 2008          7,200           0           0           0         7,200         20,361       174,877        10,668
 2009          7,200           0           0           0         7,200         19,193       194,070         9,102
 2010          7,200           0           0           0         7,200         18,075       212,145         7,760
 2011          7,200           0           0           0         7,200         17,005       229,150         6,609
 2012          7,200           0           0           0         7,200         15,981       245,131         5,622
 2013          7,200           0           0           0         7,200         14,998       260,129         4,776
 2014          7,200           0           0           0         7,200         14,060       274,189         4,053
 2015          7,200           0           0           0         7,200         13,158       287,347         3,433
 2016          7,200           0           0           0         7,200         12,297       299,644         2,905

 SUBTOT      103,200           0           0           0       103,200        299,644                     173,465
 REMAIN      162,231           0           0           0       162,231        112,385       412,029        14,275
 TOTAL       265,431           0           0           0       265,431        412,029                     187,740

   LIFE OF EVALUATION IS 37.53 YEARS.
   FINAL PRODUCTION RATE: 0.3 MMCF/MO
</TABLE>

<PAGE>



                                 TENGASCO, INC.                        TABLE 216
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   MILLER PETROLEUM - OPERATOR   8-T1S-R75E                                            PROVED
     HUGH ROBERTS #1   (REEDSVILLE)                                                    SHUT-IN


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>      <C>           <C>             <C>
 INITIAL -   0.500000                      0.437500                             2.35        5.00% -        72,039
 FINAL   -   0.500000                      0.437500                             2.35       10.00% -        66,848
 REMARKS -                                                                                 15.00% -        62,141
                                                                                           20.00% -        57,864
                                                                                           25.00% -        53,971
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>        <C>              <C>         <C>        <C>          <C>      <C>
 2002     1             0           0          27               0           0          11.845       0.00     2.35
 2003     1             0           0          32               0           0          14.086       0.00     2.35
 2004     1             0           0          22               0           0           9.656       0.00     2.35
 2005     1             0           0           5               0           0           2.076       0.00     2.35
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0          86               0           0          37.663       0.00     2.35
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0          86               0           0          37.663       0.00     2.35

 CUMULATIVE             0           0           0
 ULTIMATE               0           0          86
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>      <C>               <C>      <C>              <C>       <C>        <C>
 2002                0           0        27,894            0        27,894           0         837        27,057
 2003                0           0        33,172            0        33,172           0         995        32,177
 2004                0           0        22,739            0        22,739           0         682        22,057
 2005                0           0         4,889            0         4,889           0         147         4,742
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0        88,694            0        88,694           0       2,661        86,033
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0        88,694            0        88,694           0       2,661        86,033
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>         <C>         <C>       <C>           <C>           <C>           <C>
 2002          1,500           0           0           0         1,500         25,557        25,557        23,775
 2003          3,000           0           0           0         3,000         29,177        54,734        25,252
 2004          3,000           0           0           0         3,000         19,057        73,791        14,903
 2005            759           0           0           0           759          3,983        77,774         2,918
 2006              0           0           0           0             0              0        77,774             0
 2007              0           0           0           0             0              0        77,774             0
 2008              0           0           0           0             0              0        77,774             0
 2009              0           0           0           0             0              0        77,774             0
 2010              0           0           0           0             0              0        77,774             0
 2011              0           0           0           0             0              0        77,774             0
 2012              0           0           0           0             0              0        77,774             0
 2013              0           0           0           0             0              0        77,774             0
 2014              0           0           0           0             0              0        77,774             0
 2015              0           0           0           0             0              0        77,774             0
 2016              0           0           0           0             0              0        77,774             0

 SUBTOT        8,259           0           0           0         8,259         77,774                      66,848
 REMAIN            0           0           0           0             0              0        77,774             0
 TOTAL         8,259           0           0           0         8,259         77,774                      66,848

   LIFE OF EVALUATION IS 3.25 YEARS.
   FINAL PRODUCTION RATE: 1.5 MMCF/MO
</TABLE>

<PAGE>



                                 TENGASCO, INC.                        TABLE 217
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   MILLER PETROLEUM - OPERATOR   8-T1S-R75E                                            PROVED
     HUGH ROBERTS #1 BP   (KNOX)                                                       BEHIND PIPE


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>      <C>          <C>             <C>
 INITIAL -   0.500000                      0.437500                             2.35        5.00% -       114,271
 FINAL   -   0.500000                      0.437500                             2.35       10.00% -        84,541
 REMARKS - CAPITAL INCLUDED TO RECOMPLETE TO THE KNOX.                                     15.00% -        63,162
                                                                                           20.00% -        47,626
                                                                                           25.00% -        36,219
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>        <C>              <C>         <C>        <C>          <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0          31               0           0          13.585       0.00     2.35
 2006     1             0           0          36               0           0          15.717       0.00     2.35
 2007     1             0           0          29               0           0          12.852       0.00     2.35
 2008     1             0           0          26               0           0          11.145       0.00     2.35
 2009     1             0           0          23               0           0           9.979       0.00     2.35
 2010     1             0           0          20               0           0           9.116       0.00     2.35
 2011     1             0           0          20               0           0           8.445       0.00     2.36
 2012     1             0           0           6               0           0           2.724       0.00     2.35
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0         191               0           0          83.563       0.00     2.35
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0         191               0           0          83.563       0.00     2.35

 CUMULATIVE             0           0           0
 ULTIMATE               0           0         191
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>      <C>               <C>      <C>              <C>       <C>        <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0        31,993            0        31,993           0         960        31,033
 2006                0           0        37,014            0        37,014           0       1,110        35,904
 2007                0           0        30,266            0        30,266           0         908        29,358
 2008                0           0        26,247            0        26,247           0         788        25,459
 2009                0           0        23,500            0        23,500           0         705        22,795
 2010                0           0        21,468            0        21,468           0         644        20,824
 2011                0           0        19,887            0        19,887           0         596        19,291
 2012                0           0         6,415            0         6,415           0         193         6,222
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0       196,790            0       196,790           0       5,904       190,886
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0       196,790            0       196,790           0       5,904       190,886
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>    <C>              <C>      <C>            <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005          2,000           0      10,000           0        12,000         19,033        19,033        13,042
 2006          3,600           0           0           0         3,600         32,304        51,337        20,691
 2007          3,600           0           0           0         3,600         25,758        77,095        14,924
 2008          3,600           0           0           0         3,600         21,859        98,954        11,461
 2009          3,600           0           0           0         3,600         19,195       118,149         9,108
 2010          3,600           0           0           0         3,600         17,224       135,373         7,397
 2011          3,600           0           0           0         3,600         15,691       151,064         6,099
 2012          1,215           0           0           0         1,215          5,007       156,071         1,819
 2013              0           0           0           0             0              0       156,071             0
 2014              0           0           0           0             0              0       156,071             0
 2015              0           0           0           0             0              0       156,071             0
 2016              0           0           0           0             0              0       156,071             0

 SUBTOT       24,815           0      10,000           0        34,815        156,071                      84,541
 REMAIN            0           0           0           0             0              0       156,071             0
 TOTAL        24,815           0      10,000           0        34,815        156,071                      84,541

   LIFE OF EVALUATION IS 10.34 YEARS.
   FINAL PRODUCTION RATE: 1.5 MMCF/MO
</TABLE>

<PAGE>



                                 TENGASCO, INC.                        TABLE 218
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   MILLER PETROLEUM - OPERATOR   7-T1S-R75E                                            PROVED
     JEFF JOHNSON #1   (KNOX)                                                          PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>      <C>          <C>              <C>
 INITIAL -   0.500000                      0.437500                             2.35        5.00% -        81,147
 FINAL   -   0.500000                      0.437500                             2.35       10.00% -        74,961
 REMARKS -                                                                                 15.00% -        69,478
                                                                                           20.00% -        64,605
                                                                                           25.00% -        60,260
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>        <C>              <C>         <C>        <C>          <C>      <C>
 2002     1             0           0          34               0           0          14.677       0.00     2.35
 2003     1             0           0          26               0           0          11.532       0.00     2.35
 2004     1             0           0          22               0           0           9.671       0.00     2.35
 2005     1             0           0          18               0           0           7.870       0.00     2.35
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0         100               0           0          43.750       0.00     2.35
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0         100               0           0          43.750       0.00     2.35

 CUMULATIVE             0           0          39
 ULTIMATE               0           0         139
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>      <C>               <C>      <C>              <C>     <C>          <C>
 2002                0           0        34,563            0        34,563           0       1,037        33,526
 2003                0           0        27,159            0        27,159           0         815        26,344
 2004                0           0        22,776            0        22,776           0         683        22,093
 2005                0           0        18,533            0        18,533           0         556        17,977
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0       103,031            0       103,031           0       3,091        99,940
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0       103,031            0       103,031           0       3,091        99,940
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>         <C>         <C>       <C>           <C>           <C>           <C>
 2002          3,000           0           0           0         3,000         30,526        30,526        29,131
 2003          3,000           0           0           0         3,000         23,344        53,870        20,151
 2004          3,000           0           0           0         3,000         19,093        72,963        14,913
 2005          2,794           0           0           0         2,794         15,183        88,146        10,766
 2006              0           0           0           0             0              0        88,146             0
 2007              0           0           0           0             0              0        88,146             0
 2008              0           0           0           0             0              0        88,146             0
 2009              0           0           0           0             0              0        88,146             0
 2010              0           0           0           0             0              0        88,146             0
 2011              0           0           0           0             0              0        88,146             0
 2012              0           0           0           0             0              0        88,146             0
 2013              0           0           0           0             0              0        88,146             0
 2014              0           0           0           0             0              0        88,146             0
 2015              0           0           0           0             0              0        88,146             0
 2016              0           0           0           0             0              0        88,146             0

 SUBTOT       11,794           0           0           0        11,794         88,146                      74,961
 REMAIN            0           0           0           0             0              0        88,146             0
 TOTAL        11,794           0           0           0        11,794         88,146                      74,961

   LIFE OF EVALUATION IS 3.93 YEARS.
   FINAL PRODUCTION RATE: 1.5 MMCF/MO
</TABLE>

<PAGE>




                                 TENGASCO, INC.                        TABLE 219
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO - OPERATOR   7-T1S-R75E                                                    PROVED
     JEFF JOHNSON #2   (KNOX)                                                          UNDEVELOPED


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>      <C>           <C>                 <C>
 INITIAL -   0.500000                                                                       5.00% -             0
 FINAL   -   0.500000                                                                      10.00% -             0
 REMARKS - UNECONOMIC AT CURRENT PRICES.                                                   15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE             0           0           0
 ULTIMATE               0           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0
 2016              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0.0 MMCF/MO
</TABLE>

<PAGE>


                                 TENGASCO, INC.                        TABLE 220
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   MILLER PETROLEUM - OPERATOR   12-T1S-R74E                                           PROBABLE
     LANGE #1   (KNOX)                                                                 BEHIND PIPE


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>      <C>           <C>             <C>
 INITIAL -   0.000000                      0.062500                             2.35        5.00% -        18,639
 FINAL   -   0.000000                      0.062500                             2.35       10.00% -        14,747
 REMARKS - CAPITAL INCLUDED TO COMPLETE WELL AND INSTALL FLOWLINE.                         15.00% -        11,901
           RESERVES CLASSIFIED AS PROBABLE BECAUSE TENGASCO IS NOT SURE IF WELL            20.00% -         9,777
           WILL BE HOOKED UP.                                                              25.00% -         8,158
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>        <C>              <C>         <C>         <C>         <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003     1             0           0          27               0           0           1.661       0.00     2.35
 2004     1             0           0          22               0           0           1.375       0.00     2.35
 2005     1             0           0          19               0           0           1.200       0.00     2.35
 2006     1             0           0          17               0           0           1.078       0.00     2.35
 2007     1             0           0          16               0           0           0.987       0.00     2.35
 2008     1             0           0          14               0           0           0.916       0.00     2.36
 2009     1             0           0          14               0           0           0.859       0.00     2.35
 2010     1             0           0          13               0           0           0.802       0.00     2.35
 2011     1             0           0          12               0           0           0.750       0.00     2.35
 2012     1             0           0          11               0           0           0.712       0.00     2.35
 2013     1             0           0           4               0           0           0.199       0.00     2.35
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0         169               0           0          10.539       0.00     2.36
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0         169               0           0          10.539       0.00     2.36

 CUMULATIVE             0           0           0
 ULTIMATE               0           0         169
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>       <C>              <C>       <C>             <C>        <C>        <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0         3,912            0         3,912           0         117         3,795
 2004                0           0         3,239            0         3,239           0          98         3,141
 2005                0           0         2,825            0         2,825           0          84         2,741
 2006                0           0         2,538            0         2,538           0          76         2,462
 2007                0           0         2,325            0         2,325           0          70         2,255
 2008                0           0         2,158            0         2,158           0          65         2,093
 2009                0           0         2,022            0         2,022           0          61         1,961
 2010                0           0         1,889            0         1,889           0          56         1,833
 2011                0           0         1,766            0         1,766           0          53         1,713
 2012                0           0         1,677            0         1,677           0          51         1,626
 2013                0           0           469            0           469           0          14           455
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0        24,820            0        24,820           0         745        24,075
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0        24,820            0        24,820           0         745        24,075
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>        <C>          <C>            <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0          3,795         3,795         3,276
 2004              0           0           0           0             0          3,141         6,936         2,453
 2005              0           0           0           0             0          2,741         9,677         1,937
 2006              0           0           0           0             0          2,462        12,139         1,574
 2007              0           0           0           0             0          2,255        14,394         1,306
 2008              0           0           0           0             0          2,093        16,487         1,097
 2009              0           0           0           0             0          1,961        18,448           930
 2010              0           0           0           0             0          1,833        20,281           787
 2011              0           0           0           0             0          1,713        21,994           665
 2012              0           0           0           0             0          1,626        23,620           572
 2013              0           0           0           0             0            455        24,075           150
 2014              0           0           0           0             0              0        24,075             0
 2015              0           0           0           0             0              0        24,075             0
 2016              0           0           0           0             0              0        24,075             0

 SUBTOT            0           0           0           0             0         24,075                      14,747
 REMAIN            0           0           0           0             0              0        24,075             0
 TOTAL             0           0           0           0             0         24,075                      14,747

   LIFE OF EVALUATION IS 11.29 YEARS.
   FINAL PRODUCTION RATE: 0.9 MMCF/MO
</TABLE>

<PAGE>



                                 TENGASCO, INC.                        TABLE 221
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   MILLER PETROLEUM - OPERATOR   12-T1S-R74E                                           PROBABLE
     LANGE #1 BP   (TRENTON-SR-MB)                                                     BEHIND PIPE


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>      <C>           <C>             <C>
 INITIAL -   0.000000                      0.062500                             2.35        5.00% -         6,828
 FINAL   -   0.000000                      0.062500                             2.35       10.00% -         3,647
 REMARKS - CAPITAL INCLUDED TO COMPLETE WELL AND INSTALL FLOWLINE.                         15.00% -         1,958
           RESERVES CLASSIFIED AS PROBABLE BECAUSE TENGASCO IS NOT SURE IF WELL            20.00% -         1,056
           WILL BE HOOKED UP.                                                              25.00% -           572
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0          30               0           0           1.858       0.00     2.36
 2014     1             0           0          28               0           0           1.782       0.00     2.36
 2015     1             0           0          19               0           0           1.153       0.00     2.36
 2016     1             0           0          13               0           0           0.810       0.00     2.35

 SUB-TOTAL              0           0          90               0           0           5.603       0.00     2.36
 REMAINDER              0           0           0               0           0           0.022       0.00     2.35
 TOTAL                  0           0          90               0           0           5.625       0.00     2.36

 CUMULATIVE             0           0           0
 ULTIMATE               0           0          90
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>      <C>               <C>      <C>              <C>       <C>        <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0         4,375            0         4,375           0         131         4,244
 2014                0           0         4,196            0         4,196           0         126         4,070
 2015                0           0         2,717            0         2,717           0          82         2,635
 2016                0           0         1,908            0         1,908           0          57         1,851

 SUB-TOT             0           0        13,196            0        13,196           0         396        12,800
 REMAIN              0           0            51            0            51           0           1            50
 TOTAL               0           0        13,247            0        13,247           0         397        12,850
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>        <C>          <C>            <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0          4,244         4,244         1,331
 2014              0           0           0           0             0          4,070         8,314         1,177
 2015              0           0           0           0             0          2,635        10,949           690
 2016              0           0           0           0             0          1,851        12,800           438

 SUBTOT            0           0           0           0             0         12,800                       3,636
 REMAIN            0           0           0           0             0             50        12,850            11
 TOTAL             0           0           0           0             0         12,850                       3,647

   LIFE OF EVALUATION IS 15.03 YEARS.
   FINAL PRODUCTION RATE: 0.9 MMCF/MO
</TABLE>

<PAGE>




                                 TENGASCO, INC.                        TABLE 222
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   6-T1S-R75E                                               PROVED
     LAURA J. LAWSON #1   (MURFREESBORO)                                               PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>         <C>        <C>             <C>
 INITIAL -   1.000000                      0.875000                             2.35        5.00% -        54,329
 FINAL   -   1.000000                      0.875000                             2.35       10.00% -        44,843
 REMARKS -                                                                                 15.00% -        37,913
                                                                                           20.00% -        32,701
                                                                                           25.00% -        28,676
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002     1             0           0           8               0           0           6.964       0.00     2.36
 2003     1             0           0           8               0           0           6.616       0.00     2.35
 2004     1             0           0           7               0           0           6.285       0.00     2.35
 2005     1             0           0           7               0           0           5.971       0.00     2.36
 2006     1             0           0           6               0           0           5.672       0.00     2.36
 2007     1             0           0           6               0           0           5.389       0.00     2.35
 2008     1             0           0           6               0           0           5.119       0.00     2.35
 2009     1             0           0           6               0           0           4.863       0.00     2.35
 2010     1             0           0           5               0           0           4.620       0.00     2.36
 2011     1             0           0           5               0           0           4.389       0.00     2.35
 2012     1             0           0           5               0           0           4.170       0.00     2.35
 2013     1             0           0           4               0           0           3.961       0.00     2.35
 2014     1             0           0           4               0           0           3.763       0.00     2.35
 2015     1             0           0           5               0           0           3.575       0.00     2.35
 2016     1             0           0           3               0           0           3.396       0.00     2.35

 SUB-TOTAL              0           0          85               0           0          74.753       0.00     2.36
 REMAINDER              0           0           4               0           0           2.964       0.00     2.35
 TOTAL                  0           0          89               0           0          77.717       0.00     2.36

 CUMULATIVE             0           0           5
 ULTIMATE               0           0          94
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>     <C>                <C>     <C>               <C>     <C>         <C>
 2002                0           0        16,400            0        16,400           0         492        15,908
 2003                0           0        15,581            0        15,581           0         467        15,114
 2004                0           0        14,801            0        14,801           0         444        14,357
 2005                0           0        14,061            0        14,061           0         422        13,639
 2006                0           0        13,359            0        13,359           0         401        12,958
 2007                0           0        12,690            0        12,690           0         381        12,309
 2008                0           0        12,056            0        12,056           0         361        11,695
 2009                0           0        11,453            0        11,453           0         344        11,109
 2010                0           0        10,880            0        10,880           0         326        10,554
 2011                0           0        10,336            0        10,336           0         311        10,025
 2012                0           0         9,820            0         9,820           0         294         9,526
 2013                0           0         9,328            0         9,328           0         280         9,048
 2014                0           0         8,863            0         8,863           0         266         8,597
 2015                0           0         8,419            0         8,419           0         252         8,167
 2016                0           0         7,998            0         7,998           0         240         7,758

 SUB-TOT             0           0       176,045            0       176,045           0       5,281       170,764
 REMAIN              0           0         6,979            0         6,979           0         210         6,769
 TOTAL               0           0       183,024            0       183,024           0       5,491       177,533
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>         <C>         <C>     <C>             <C>          <C>            <C>
 2002          6,000           0           0           0         6,000          9,908         9,908         9,437
 2003          6,000           0           0           0         6,000          9,114        19,022         7,858
 2004          6,000           0           0           0         6,000          8,357        27,379         6,523
 2005          6,000           0           0           0         6,000          7,639        35,018         5,397
 2006          7,200           0           0           0         7,200          5,758        40,776         3,683
 2007          7,200           0           0           0         7,200          5,109        45,885         2,959
 2008          7,200           0           0           0         7,200          4,495        50,380         2,356
 2009          7,200           0           0           0         7,200          3,909        54,289         1,855
 2010          7,200           0           0           0         7,200          3,354        57,643         1,441
 2011          7,200           0           0           0         7,200          2,825        60,468         1,099
 2012          7,200           0           0           0         7,200          2,326        62,794           820
 2013          7,200           0           0           0         7,200          1,848        64,642           589
 2014          7,200           0           0           0         7,200          1,397        66,039           404
 2015          7,200           0           0           0         7,200            967        67,006           253
 2016          7,200           0           0           0         7,200            558        67,564           132

 SUBTOT      103,200           0           0           0       103,200         67,564                      44,806
 REMAIN        6,600           0           0           0         6,600            169        67,733            37
 TOTAL       109,800           0           0           0       109,800         67,733                      44,843

   LIFE OF EVALUATION IS 15.92 YEARS.
   FINAL PRODUCTION RATE: 0.3 MMCF/MO
</TABLE>

<PAGE>




                                 TENGASCO, INC.                        TABLE 223
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   6-T1S-R75E                                               PROVED
     LAURA J. LAWSON #2   (KNOX)                                                       PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>         <C>        <C>             <C>
 INITIAL -   1.000000                      0.656250                             2.35        5.00% -        84,949
 FINAL   -   1.000000                      0.656250                             2.35       10.00% -        77,531
 REMARKS -                                                                                 15.00% -        71,300
                                                                                           20.00% -        66,012
                                                                                           25.00% -        61,483
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>        <C>              <C>         <C>        <C>          <C>      <C>
 2002     1             0           0          28               0           0          18.610       0.00     2.35
 2003     1             0           0          17               0           0          10.978       0.00     2.35
 2004     1             0           0          13               0           0           8.265       0.00     2.35
 2005     1             0           0          10               0           0           6.785       0.00     2.35
 2006     1             0           0           9               0           0           5.830       0.00     2.35
 2007     1             0           0           8               0           0           5.153       0.00     2.35
 2008     1             0           0           7               0           0           4.644       0.00     2.35
 2009     1             0           0           4               0           0           2.959       0.00     2.35
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0          96               0           0          63.224       0.00     2.36
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0          96               0           0          63.224       0.00     2.36

 CUMULATIVE             0           0          71
 ULTIMATE               0           0         167
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>      <C>               <C>      <C>              <C>     <C>          <C>
 2002                0           0        43,827            0        43,827           0       1,315        42,512
 2003                0           0        25,853            0        25,853           0         775        25,078
 2004                0           0        19,465            0        19,465           0         584        18,881
 2005                0           0        15,978            0        15,978           0         480        15,498
 2006                0           0        13,728            0        13,728           0         412        13,316
 2007                0           0        12,135            0        12,135           0         364        11,771
 2008                0           0        10,937            0        10,937           0         328        10,609
 2009                0           0         6,968            0         6,968           0         209         6,759
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0       148,891            0       148,891           0       4,467       144,424
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0       148,891            0       148,891           0       4,467       144,424
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>         <C>         <C>       <C>           <C>           <C>           <C>
 2002          6,000           0           0           0         6,000         36,512        36,512        35,009
 2003          6,000           0           0           0         6,000         19,078        55,590        16,500
 2004          6,000           0           0           0         6,000         12,881        68,471        10,074
 2005          6,000           0           0           0         6,000          9,498        77,969         6,721
 2006          7,200           0           0           0         7,200          6,116        84,085         3,918
 2007          7,200           0           0           0         7,200          4,571        88,656         2,650
 2008          7,200           0           0           0         7,200          3,409        92,065         1,790
 2009          4,955           0           0           0         4,955          1,804        93,869           869
 2010              0           0           0           0             0              0        93,869             0
 2011              0           0           0           0             0              0        93,869             0
 2012              0           0           0           0             0              0        93,869             0
 2013              0           0           0           0             0              0        93,869             0
 2014              0           0           0           0             0              0        93,869             0
 2015              0           0           0           0             0              0        93,869             0
 2016              0           0           0           0             0              0        93,869             0

 SUBTOT       50,555           0           0           0        50,555         93,869                      77,531
 REMAIN            0           0           0           0             0              0        93,869             0
 TOTAL        50,555           0           0           0        50,555         93,869                      77,531

   LIFE OF EVALUATION IS 7.69 YEARS.
   FINAL PRODUCTION RATE: 0.5 MMCF/MO
</TABLE>

<PAGE>




                                 TENGASCO, INC.                        TABLE 224
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   6-T1S-R75E                                               PROVED
     LAURA J. LAWSON #2 BP2   (TRENTON-MURFREESBORO)                                   BEHIND PIPE


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>                 <C>          <C>         <C>         <C>         <C>           <C>
 INITIAL -   1.000000  0.656250            0.656250     16.25                   2.35        5.00% -       199,959
 FINAL   -   1.000000  0.656250            0.656250     16.25                   2.35       10.00% -       113,649
 REMARKS - RECOMPLETION COST IS SHOWN AS A DEVELOPMENT COST.                               15.00% -        65,685
                                                                                           20.00% -        38,542
                                                                                           25.00% -        22,923
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>       <C>             <C>        <C>          <C>             <C>        <C>         <C>       <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                 546           0           9             358           0           5.973      16.25     2.35
 2010     1         2,027           0          34           1,330           0          22.164      16.25     2.35
 2011     1         1,795           0          30           1,179           0          19.638      16.25     2.35
 2012     1         1,591           0          26           1,044           0          17.400      16.25     2.35
 2013     1         1,409           0          24             925           0          15.417      16.25     2.35
 2014     1         1,249           0          21             819           0          13.660      16.25     2.35
 2015     1         1,107           0          18             726           0          12.103      16.25     2.35
 2016     1           980           0          16             644           0          10.724      16.25     2.35

 SUB-TOTAL         10,704           0         178           7,025           0         117.079      16.25     2.35
 REMAINDER          2,196           0          37           1,441           0          24.015      16.25     2.35
 TOTAL             12,900           0         215           8,466           0         141.094      16.25     2.35

 CUMULATIVE             0           0           0
 ULTIMATE          12,900           0         215
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>             <C>              <C>      <C>               <C>      <C>            <C>       <C>          <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009            5,824           0        14,066            0        19,890         175         422        19,293
 2010           21,610           0        52,197            0        73,807         648       1,566        71,593
 2011           19,147           0        46,248            0        65,395         574       1,387        63,434
 2012           16,965           0        40,977            0        57,942         509       1,230        56,203
 2013           15,031           0        36,307            0        51,338         451       1,089        49,798
 2014           13,319           0        32,169            0        45,488         400         965        44,123
 2015           11,800           0        28,502            0        40,302         354         855        39,093
 2016           10,456           0        25,255            0        35,711         314         758        34,639

 SUB-TOT       114,152           0       275,721            0       389,873       3,425       8,272       378,176
 REMAIN         23,414           0        56,555            0        79,969         702       1,696        77,571
 TOTAL         137,566           0       332,276            0       469,842       4,127       9,968       455,747
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>    <C>              <C>      <C>           <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009          1,800           0      25,000           0        26,800         -7,507        -7,507        -3,521
 2010          7,200           0           0           0         7,200         64,393        56,886        27,661
 2011          7,200           0           0           0         7,200         56,234       113,120        21,868
 2012          7,200           0           0           0         7,200         49,003       162,123        17,249
 2013          7,200           0           0           0         7,200         42,598       204,721        13,574
 2014          7,200           0           0           0         7,200         36,923       241,644        10,651
 2015          7,200           0           0           0         7,200         31,893       273,537         8,328
 2016          7,200           0           0           0         7,200         27,439       300,976         6,486

 SUBTOT       52,200           0      25,000           0        77,200        300,976                     102,296
 REMAIN       20,216           0           0           0        20,216         57,355       358,331        11,353
 TOTAL        72,416           0      25,000           0        97,416        358,331                     113,649

   LIFE OF EVALUATION IS 17.81 YEARS.
   FINAL PRODUCTION RATE: 0.9 MMCF/MO

</TABLE>

<PAGE>



                                 TENGASCO, INC.                        TABLE 225
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   6-T1S-R75E                                               PROVED
     LAURA J. LAWSON #3   (KNOX)                                                       PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>         <C>       <C>               <C>
 INITIAL -   0.940000                      0.822500                             2.35        5.00% -         8,545
 FINAL   -   0.940000                      0.822500                             2.35       10.00% -         7,782
 REMARKS -                                                                                 15.00% -         7,115
                                                                                           20.00% -         6,529
                                                                                           25.00% -         6,014
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002     1             0           0           4               0           0           3.544       0.00     2.36
 2003     1             0           0           5               0           0           3.544       0.00     2.36
 2004     1             0           0           4               0           0           3.455       0.00     2.35
 2005     1             0           0           4               0           0           3.282       0.00     2.36
 2006     1             0           0           4               0           0           3.118       0.00     2.35
 2007     1             0           0           1               0           0           1.500       0.00     2.36
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0          22               0           0          18.443       0.00     2.36
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0          22               0           0          18.443       0.00     2.36

 CUMULATIVE             0           0           2
 ULTIMATE               0           0          24
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>       <C>              <C>       <C>             <C>       <C>         <C>
 2002                0           0         8,347            0         8,347           0         250         8,097
 2003                0           0         8,347            0         8,347           0         251         8,096
 2004                0           0         8,136            0         8,136           0         244         7,892
 2005                0           0         7,730            0         7,730           0         232         7,498
 2006                0           0         7,343            0         7,343           0         220         7,123
 2007                0           0         3,533            0         3,533           0         106         3,427
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0        43,436            0        43,436           0       1,303        42,133
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0        43,436            0        43,436           0       1,303        42,133
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>         <C>         <C>       <C>            <C>           <C>           <C>
 2002          5,640           0           0           0         5,640          2,457         2,457         2,339
 2003          5,640           0           0           0         5,640          2,456         4,913         2,116
 2004          5,640           0           0           0         5,640          2,252         7,165         1,759
 2005          5,640           0           0           0         5,640          1,858         9,023         1,314
 2006          6,768           0           0           0         6,768            355         9,378           228
 2007          3,384           0           0           0         3,384             43         9,421            26
 2008              0           0           0           0             0              0         9,421             0
 2009              0           0           0           0             0              0         9,421             0
 2010              0           0           0           0             0              0         9,421             0
 2011              0           0           0           0             0              0         9,421             0
 2012              0           0           0           0             0              0         9,421             0
 2013              0           0           0           0             0              0         9,421             0
 2014              0           0           0           0             0              0         9,421             0
 2015              0           0           0           0             0              0         9,421             0
 2016              0           0           0           0             0              0         9,421             0

 SUBTOT       32,712           0           0           0        32,712          9,421                       7,782
 REMAIN            0           0           0           0             0              0         9,421             0
 TOTAL        32,712           0           0           0        32,712          9,421                       7,782

   LIFE OF EVALUATION IS 5.50 YEARS.
   FINAL PRODUCTION RATE: 0.3 MMCF/MO
</TABLE>

<PAGE>



                                 TENGASCO, INC.                        TABLE 226
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   6-T1S-R75E                                               PROVED
     LAURA J. LAWSON #4   (KNOX)                                                       PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>        <C>        <C>             <C>
 INITIAL -   1.000000                      0.875000                             2.35        5.00% -        23,938
 FINAL   -   1.000000                      0.875000                             2.35       10.00% -        28,916
 REMARKS -                                                                                 15.00% -        27,187
                                                                                           20.00% -        24,357
                                                                                           25.00% -        21,686
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>       <C>               <C>         <C>       <C>           <C>      <C>
 2002     1             0           0           7               0           0           5.775       0.00     2.35
 2003     1             0           0           6               0           0           5.775       0.00     2.35
 2004     1             0           0           7               0           0           5.629       0.00     2.35
 2005     1             0           0           6               0           0           5.348       0.00     2.35
 2006     1             0           0           6               0           0           5.081       0.00     2.35
 2007     1             0           0           5               0           0           4.826       0.00     2.35
 2008     1             0           0           5               0           0           4.585       0.00     2.35
 2009     1             0           0           5               0           0           4.356       0.00     2.35
 2010     1             0           0           5               0           0           4.138       0.00     2.35
 2011     1             0           0           5               0           0           3.931       0.00     2.36
 2012     1             0           0           4               0           0           3.735       0.00     2.35
 2013     1             0           0           4               0           0           3.548       0.00     2.35
 2014     1             0           0           4               0           0           3.371       0.00     2.35
 2015     1             0           0           3               0           0           3.202       0.00     2.36
 2016     1             0           0           4               0           0           3.042       0.00     2.35

 SUB-TOTAL              0           0          76               0           0          66.342       0.00     2.35
 REMAINDER              0           0          42               0           0          37.325       0.00     2.35
 TOTAL                  0           0         118               0           0         103.667       0.00     2.35

 CUMULATIVE             0           0           3
 ULTIMATE               0           0         121
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>      <C>               <C>      <C>              <C>       <C>        <C>
 2002                0           0        13,600            0        13,600           0         408        13,192
 2003                0           0        13,600            0        13,600           0         408        13,192
 2004                0           0        13,257            0        13,257           0         398        12,859
 2005                0           0        12,595            0        12,595           0         378        12,217
 2006                0           0        11,964            0        11,964           0         358        11,606
 2007                0           0        11,367            0        11,367           0         341        11,026
 2008                0           0        10,798            0        10,798           0         324        10,474
 2009                0           0        10,258            0        10,258           0         308         9,950
 2010                0           0         9,745            0         9,745           0         293         9,452
 2011                0           0         9,258            0         9,258           0         277         8,981
 2012                0           0         8,796            0         8,796           0         264         8,532
 2013                0           0         8,355            0         8,355           0         251         8,104
 2014                0           0         7,937            0         7,937           0         238         7,699
 2015                0           0         7,541            0         7,541           0         226         7,315
 2016                0           0         7,164            0         7,164           0         215         6,949

 SUB-TOT             0           0       156,235            0       156,235           0       4,687       151,548
 REMAIN              0           0        87,900            0        87,900           0       2,637        85,263
 TOTAL               0           0       244,135            0       244,135           0       7,324       236,811
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>          <C>               <C>         <C>         <C>     <C>             <C>          <C>            <C>
 2002          6,000           0           0           0         6,000          7,192         7,192         6,845
 2003          6,000           0           0           0         6,000          7,192        14,384         6,197
 2004          6,000           0           0           0         6,000          6,859        21,243         5,354
 2005          6,000           0           0           0         6,000          6,217        27,460         4,393
 2006          7,200           0           0           0         7,200          4,406        31,866         2,819
 2007          7,200           0           0           0         7,200          3,826        35,692         2,216
 2008          7,200           0           0           0         7,200          3,274        38,966         1,717
 2009          7,200           0           0           0         7,200          2,750        41,716         1,305
 2010          7,200           0           0           0         7,200          2,252        43,968           968
 2011          7,200           0           0           0         7,200          1,781        45,749           693
 2012          7,200           0           0           0         7,200          1,332        47,081           470
 2013          7,200           0           0           0         7,200            904        47,985           289
 2014          7,200           0           0           0         7,200            499        48,484           145
 2015          7,200           0           0           0         7,200            115        48,599            30
 2016          7,200           0           0           0         7,200           -251        48,348           -58

 SUBTOT      103,200           0           0           0       103,200         48,348                      33,383
 REMAIN      145,689           0           0           0       145,689        -60,426       -12,078        -4,467
 TOTAL       248,889           0           0           0       248,889        -12,078                      28,916

   LIFE OF EVALUATION IS 35.23 YEARS.
   FINAL PRODUCTION RATE: 0.1 MMCF/MO
</TABLE>

<PAGE>




                            TENGASCO, INC.                             TABLE 227
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR                                                            PROVED
     LAURA J. LAWSON #4 BP   (KNOX)                                                    BEHIND PIPE


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>         <C>        <C>             <C>
 INITIAL -   1.000000                      0.875000                             2.35        5.00% -         5,489
 FINAL   -   1.000000                      0.875000                             2.35       10.00% -           594
 REMARKS - CAPITAL INCLUDED TO PERFORATE REMAINDER OF KNOX PAY.                            15.00% -            63
                                                                                           20.00% -             6
                                                                                           25.00% -             0
</TABLE>


<TABLE>
<CAPTION>

                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>       <C>               <C>         <C>       <C>           <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0         116               0           0         101.865       0.00     2.35
 TOTAL                  0           0         116               0           0         101.865       0.00     2.35

 CUMULATIVE             0           0           0
 ULTIMATE               0           0         116
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>     <C>                <C>     <C>               <C>     <C>         <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0       239,893            0       239,893           0       7,197       232,696
 TOTAL               0           0       239,893            0       239,893           0       7,197       232,696
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>          <C>               <C>    <C>              <C>     <C>             <C>           <C>              <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0
 2016              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN      161,400           0      20,000           0       181,400         51,296        51,296           594
 TOTAL       161,400           0      20,000           0       181,400         51,296                         594

   LIFE OF EVALUATION IS 57.67 YEARS.
   FINAL PRODUCTION RATE: 0.3 MMCF/MO
</TABLE>

<PAGE>




                                 TENGASCO, INC.                        TABLE 228
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           OIL LEASE
   TENGASCO INC. - OPERATOR                                                            PROVED
     LAURA J. LAWSON #5   (STONES RIVER)                                               SHUT-IN


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>      <C>           <C>            <C>
 INITIAL -   1.000000  0.875000                         16.25                               5.00% -       129,152
 FINAL   -   1.000000  0.875000                         16.25                              10.00% -       112,980
 REMARKS -                                                                                 15.00% -        99,876
                                                                                           20.00% -        89,124
                                                                                           25.00% -        80,198
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                <C>              <C>         <C>        <C>              <C>         <C>        <C>       <C>
 2002     1         2,806           0           0           2,455           0           0.000      16.25     0.00
 2003     1         2,902           0           0           2,539           0           0.000      16.25     0.00
 2004     1         2,466           0           0           2,158           0           0.000      16.25     0.00
 2005     1         2,097           0           0           1,835           0           0.000      16.25     0.00
 2006     1         1,782           0           0           1,559           0           0.000      16.25     0.00
 2007     1         1,515           0           0           1,326           0           0.000      16.25     0.00
 2008     1         1,287           0           0           1,126           0           0.000      16.25     0.00
 2009     1         1,095           0           0             958           0           0.000      16.25     0.00
 2010     1           930           0           0             814           0           0.000      16.25     0.00
 2011     1           791           0           0             692           0           0.000      16.25     0.00
 2012     1           178           0           0             156           0           0.000      16.25     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL         17,849           0           0          15,618           0           0.000      16.25     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL             17,849           0           0          15,618           0           0.000      16.25     0.00

 CUMULATIVE             0           0           0
 ULTIMATE          17,849           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>             <C>              <C>           <C>          <C>      <C>          <C>             <C>      <C>
 2002           39,894           0             0            0        39,894       1,197           0        38,697
 2003           41,260           0             0            0        41,260       1,238           0        40,022
 2004           35,072           0             0            0        35,072       1,052           0        34,020
 2005           29,810           0             0            0        29,810         894           0        28,916
 2006           25,339           0             0            0        25,339         760           0        24,579
 2007           21,539           0             0            0        21,539         646           0        20,893
 2008           18,307           0             0            0        18,307         550           0        17,757
 2009           15,561           0             0            0        15,561         466           0        15,095
 2010           13,227           0             0            0        13,227         397           0        12,830
 2011           11,244           0             0            0        11,244         338           0        10,906
 2012            2,536           0             0            0         2,536          76           0         2,460
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT       253,789           0             0            0       253,789       7,614           0       246,175
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL         253,789           0             0            0       253,789       7,614           0       246,175
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>         <C>         <C>       <C>           <C>           <C>           <C>
 2002          8,000           0           0           0         8,000         30,697        30,697        29,007
 2003          9,600           0           0           0         9,600         30,422        61,119        26,257
 2004          9,600           0           0           0         9,600         24,420        85,539        19,082
 2005          9,600           0           0           0         9,600         19,316       104,855        13,664
 2006          9,600           0           0           0         9,600         14,979       119,834         9,594
 2007          9,600           0           0           0         9,600         11,293       131,127         6,549
 2008          9,600           0           0           0         9,600          8,157       139,284         4,284
 2009          9,600           0           0           0         9,600          5,495       144,779         2,615
 2010          9,600           0           0           0         9,600          3,230       148,009         1,393
 2011          9,600           0           0           0         9,600          1,306       149,315           513
 2012          2,400           0           0           0         2,400             60       149,375            22
 2013              0           0           0           0             0              0       149,375             0
 2014              0           0           0           0             0              0       149,375             0
 2015              0           0           0           0             0              0       149,375             0
 2016              0           0           0           0             0              0       149,375             0

 SUBTOT       96,800           0           0           0        96,800        149,375                     112,980
 REMAIN            0           0           0           0             0              0       149,375             0
 TOTAL        96,800           0           0           0        96,800        149,375                     112,980

   LIFE OF EVALUATION IS 10.25 YEARS.
   FINAL PRODUCTION RATE: 59 BBLS/MO
</TABLE>

<PAGE>



                                 TENGASCO, INC.                        TABLE 229
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   10-T1S-R74E                                              PROVED
     PAUL REED #1   (KNOX)                                                             PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>      <C>           <C>            <C>
 INITIAL -   1.000000                      0.750000                             2.35        5.00% -       132,855
 FINAL   -   1.000000                      0.750000                             2.35       10.00% -       121,693
 REMARKS -                                                                                 15.00% -       112,133
                                                                                           20.00% -       103,896
                                                                                           25.00% -        96,756
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>       <C>               <C>         <C>        <C>          <C>      <C>
 2002     1             0           0          36               0           0          26.951       0.00     2.35
 2003     1             0           0          21               0           0          15.541       0.00     2.36
 2004     1             0           0          16               0           0          12.178       0.00     2.36
 2005     1             0           0          14               0           0          10.356       0.00     2.35
 2006     1             0           0          12               0           0           9.168       0.00     2.35
 2007     1             0           0           7               0           0           5.364       0.00     2.35
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0         106               0           0          79.558       0.00     2.35
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0         106               0           0          79.558       0.00     2.35

 CUMULATIVE             0           0         113
 ULTIMATE               0           0         219
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>     <C>                <C>     <C>               <C>     <C>         <C>
 2002                0           0        63,469            0        63,469           0       1,904        61,565
 2003                0           0        36,600            0        36,600           0       1,098        35,502
 2004                0           0        28,680            0        28,680           0         860        27,820
 2005                0           0        24,389            0        24,389           0         732        23,657
 2006                0           0        21,591            0        21,591           0         648        20,943
 2007                0           0        12,633            0        12,633           0         379        12,254
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0       187,362            0       187,362           0       5,621       181,741
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0       187,362            0       187,362           0       5,621       181,741
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>         <C>         <C>       <C>           <C>           <C>           <C>
 2002          6,000           0           0           0         6,000         55,565        55,565        53,339
 2003          6,000           0           0           0         6,000         29,502        85,067        25,496
 2004          6,000           0           0           0         6,000         21,820       106,887        17,053
 2005          6,000           0           0           0         6,000         17,657       124,544        12,484
 2006          7,200           0           0           0         7,200         13,743       138,287         8,795
 2007          4,573           0           0           0         4,573          7,681       145,968         4,526
 2008              0           0           0           0             0              0       145,968             0
 2009              0           0           0           0             0              0       145,968             0
 2010              0           0           0           0             0              0       145,968             0
 2011              0           0           0           0             0              0       145,968             0
 2012              0           0           0           0             0              0       145,968             0
 2013              0           0           0           0             0              0       145,968             0
 2014              0           0           0           0             0              0       145,968             0
 2015              0           0           0           0             0              0       145,968             0
 2016              0           0           0           0             0              0       145,968             0

 SUBTOT       35,773           0           0           0        35,773        145,968                     121,693
 REMAIN            0           0           0           0             0              0       145,968             0
 TOTAL        35,773           0           0           0        35,773        145,968                     121,693

   LIFE OF EVALUATION IS 5.64 YEARS.
   FINAL PRODUCTION RATE: 0.9 MMCF/MO
</TABLE>

<PAGE>



                                 TENGASCO, INC.                        TABLE 230
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           OIL LEASE
   TENGASCO INC. - OPERATOR   10-T1S-R74E                                              PROVED
     PAUL REED #2   (STONES RIVER)                                                     SHUT-IN


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>      <C>           <C>             <C>
 INITIAL -   1.000000  0.750000                         16.25                               5.00% -         8,300
 FINAL   -   1.000000  0.750000                         16.25                              10.00% -         7,863
 REMARKS -                                                                                 15.00% -         7,452
                                                                                           20.00% -         7,065
                                                                                           25.00% -         6,701
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                 <C>             <C>         <C>         <C>             <C>         <C>        <C>       <C>
 2002     1           534           0           0             400           0           0.000      16.25     0.00
 2003     1         1,155           0           0             867           0           0.000      16.25     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL          1,689           0           0           1,267           0           0.000      16.25     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL              1,689           0           0           1,267           0           0.000      16.25     0.00

 CUMULATIVE        39,954           0           0
 ULTIMATE          41,643           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>             <C>              <C>           <C>          <C>      <C>            <C>           <C>      <C>
 2002            6,505           0             0            0         6,505         195           0         6,310
 2003           14,076           0             0            0        14,076         422           0        13,654
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT        20,581           0             0            0        20,581         617           0        19,964
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL          20,581           0             0            0        20,581         617           0        19,964
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>         <C>         <C>       <C>            <C>           <C>           <C>
 2002          2,400           0           0           0         2,400          3,910         3,910         3,586
 2003          8,800           0           0           0         8,800          4,854         8,764         4,277
 2004              0           0           0           0             0              0         8,764             0
 2005              0           0           0           0             0              0         8,764             0
 2006              0           0           0           0             0              0         8,764             0
 2007              0           0           0           0             0              0         8,764             0
 2008              0           0           0           0             0              0         8,764             0
 2009              0           0           0           0             0              0         8,764             0
 2010              0           0           0           0             0              0         8,764             0
 2011              0           0           0           0             0              0         8,764             0
 2012              0           0           0           0             0              0         8,764             0
 2013              0           0           0           0             0              0         8,764             0
 2014              0           0           0           0             0              0         8,764             0
 2015              0           0           0           0             0              0         8,764             0
 2016              0           0           0           0             0              0         8,764             0

 SUBTOT       11,200           0           0           0        11,200          8,764                       7,863
 REMAIN            0           0           0           0             0              0         8,764             0
 TOTAL        11,200           0           0           0        11,200          8,764                       7,863

   LIFE OF EVALUATION IS 1.92 YEARS.
   FINAL PRODUCTION RATE: 68 BBLS/MO
</TABLE>

<PAGE>


                                 TENGASCO, INC.                        TABLE 231
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   10-T1S-R74E                                              PROVED
     PAUL REED #2 BP   (TRENTON-STONES RIVER)                                          BEHIND PIPE


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>      <C>           <C>             <C>
 INITIAL -   1.000000                      0.750000                             2.35        5.00% -        97,030
 FINAL   -   1.000000                      0.750000                             2.35       10.00% -        79,337
 REMARKS - RECOMPLETION COST IS SHOWN AS A DEVELOPMENT COST.                               15.00% -        65,163
                                                                                           20.00% -        53,750
                                                                                           25.00% -        44,515
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>        <C>              <C>         <C>        <C>          <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           3               0           0           2.250       0.00     2.35
 2004     1             0           0          31               0           0          22.965       0.00     2.35
 2005     1             0           0          23               0           0          17.425       0.00     2.36
 2006     1             0           0          18               0           0          13.696       0.00     2.36
 2007     1             0           0          15               0           0          11.061       0.00     2.35
 2008     1             0           0          12               0           0           9.128       0.00     2.35
 2009     1             0           0           1               0           0           0.725       0.00     2.35
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0         103               0           0          77.250       0.00     2.36
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0         103               0           0          77.250       0.00     2.36

 CUMULATIVE             0           0           0
 ULTIMATE               0           0         103
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>      <C>               <C>      <C>              <C>     <C>          <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0         5,298            0         5,298           0         159         5,139
 2004                0           0        54,082            0        54,082           0       1,622        52,460
 2005                0           0        41,037            0        41,037           0       1,232        39,805
 2006                0           0        32,253            0        32,253           0         967        31,286
 2007                0           0        26,048            0        26,048           0         782        25,266
 2008                0           0        21,498            0        21,498           0         644        20,854
 2009                0           0         1,708            0         1,708           0          52         1,656
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0       181,924            0       181,924           0       5,458       176,466
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0       181,924            0       181,924           0       5,458       176,466
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>              <C>           <C>    <C>              <C>      <C>            <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003            600           0      20,000           0        20,600        -15,461       -15,461       -12,722
 2004          7,200           0           0           0         7,200         45,260        29,799        35,400
 2005          7,200           0           0           0         7,200         32,605        62,404        23,078
 2006          7,200           0           0           0         7,200         24,086        86,490        15,430
 2007          7,200           0           0           0         7,200         18,066       104,556        10,476
 2008          7,200           0           0           0         7,200         13,654       118,210         7,166
 2009            631           0           0           0           631          1,025       119,235           509
 2010              0           0           0           0             0              0       119,235             0
 2011              0           0           0           0             0              0       119,235             0
 2012              0           0           0           0             0              0       119,235             0
 2013              0           0           0           0             0              0       119,235             0
 2014              0           0           0           0             0              0       119,235             0
 2015              0           0           0           0             0              0       119,235             0
 2016              0           0           0           0             0              0       119,235             0

 SUBTOT       37,231           0      20,000           0        57,231        119,235                      79,337
 REMAIN            0           0           0           0             0              0       119,235             0
 TOTAL        37,231           0      20,000           0        57,231        119,235                      79,337

   LIFE OF EVALUATION IS 7.09 YEARS.
   FINAL PRODUCTION RATE: 0.9 MMCF/MO
</TABLE>

<PAGE>





                                 TENGASCO, INC.                        TABLE 232
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   10-T1S-R74E                                              PROVED
     PAUL REED #3   (KNOX)                                                             PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>      <C>           <C>             <C>
 INITIAL -   1.000000                      0.656250                             2.35        5.00% -        81,356
 FINAL   -   1.000000                      0.656250                             2.35       10.00% -        64,653
 REMARKS -                                                                                 15.00% -        53,139
                                                                                           20.00% -        44,863
                                                                                           25.00% -        38,694
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>       <C>               <C>         <C>       <C>           <C>      <C>
 2002     1             0           0          12               0           0           7.829       0.00     2.35
 2003     1             0           0          12               0           0           7.829       0.00     2.35
 2004     1             0           0          11               0           0           7.631       0.00     2.35
 2005     1             0           0          12               0           0           7.250       0.00     2.35
 2006     1             0           0          10               0           0           6.887       0.00     2.35
 2007     1             0           0          10               0           0           6.543       0.00     2.36
 2008     1             0           0           9               0           0           6.216       0.00     2.35
 2009     1             0           0           9               0           0           5.905       0.00     2.36
 2010     1             0           0           9               0           0           5.610       0.00     2.35
 2011     1             0           0           8               0           0           5.329       0.00     2.35
 2012     1             0           0           8               0           0           5.063       0.00     2.36
 2013     1             0           0           7               0           0           4.810       0.00     2.36
 2014     1             0           0           7               0           0           4.569       0.00     2.36
 2015     1             0           0           7               0           0           4.341       0.00     2.35
 2016     1             0           0           6               0           0           4.124       0.00     2.35

 SUB-TOTAL              0           0         137               0           0          89.936       0.00     2.35
 REMAINDER              0           0          26               0           0          16.941       0.00     2.35
 TOTAL                  0           0         163               0           0         106.877       0.00     2.35

 CUMULATIVE             0           0           5
 ULTIMATE               0           0         168
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>      <C>               <C>      <C>              <C>      <C>        <C>
 2002                0           0        18,436            0        18,436           0         553        17,883
 2003                0           0        18,436            0        18,436           0         553        17,883
 2004                0           0        17,972            0        17,972           0         539        17,433
 2005                0           0        17,073            0        17,073           0         512        16,561
 2006                0           0        16,219            0        16,219           0         487        15,732
 2007                0           0        15,408            0        15,408           0         462        14,946
 2008                0           0        14,638            0        14,638           0         439        14,199
 2009                0           0        13,906            0        13,906           0         418        13,488
 2010                0           0        13,210            0        13,210           0         396        12,814
 2011                0           0        12,550            0        12,550           0         376        12,174
 2012                0           0        11,923            0        11,923           0         358        11,565
 2013                0           0        11,326            0        11,326           0         340        10,986
 2014                0           0        10,760            0        10,760           0         323        10,437
 2015                0           0        10,223            0        10,223           0         306         9,917
 2016                0           0         9,711            0         9,711           0         292         9,419

 SUB-TOT             0           0       211,791            0       211,791           0       6,354       205,437
 REMAIN              0           0        39,896            0        39,896           0       1,197        38,699
 TOTAL               0           0       251,687            0       251,687           0       7,551       244,136
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>         <C>         <C>      <C>           <C>           <C>           <C>
 2002          6,000           0           0           0         6,000         11,883        11,883        11,310
 2003          6,000           0           0           0         6,000         11,883        23,766        10,239
 2004          6,000           0           0           0         6,000         11,433        35,199         8,922
 2005          6,000           0           0           0         6,000         10,561        45,760         7,461
 2006          7,200           0           0           0         7,200          8,532        54,292         5,457
 2007          7,200           0           0           0         7,200          7,746        62,038         4,485
 2008          7,200           0           0           0         7,200          6,999        69,037         3,668
 2009          7,200           0           0           0         7,200          6,288        75,325         2,984
 2010          7,200           0           0           0         7,200          5,614        80,939         2,411
 2011          7,200           0           0           0         7,200          4,974        85,913         1,934
 2012          7,200           0           0           0         7,200          4,365        90,278         1,536
 2013          7,200           0           0           0         7,200          3,786        94,064         1,207
 2014          7,200           0           0           0         7,200          3,237        97,301           934
 2015          7,200           0           0           0         7,200          2,717       100,018           710
 2016          7,200           0           0           0         7,200          2,219       102,237           524

 SUBTOT      103,200           0           0           0       103,200        102,237                      63,782
 REMAIN       34,200           0           0           0        34,200          4,499       106,736           871
 TOTAL       137,400           0           0           0       137,400        106,736                      64,653

   LIFE OF EVALUATION IS 19.75 YEARS.
   FINAL PRODUCTION RATE: 0.4 MMCF/MO
</TABLE>

<PAGE>



                                 TENGASCO, INC.                        TABLE 233
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   10-T1S-R74E                                              PROVED
     PAUL REED #3 BP1   (KNOX)                                                         BEHIND PIPE


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>        <C>        <C>             <C>
 INITIAL -   1.000000                      0.656250                             2.35        5.00% -       363,984
 FINAL   -   1.000000                      0.656250                             2.35       10.00% -       287,075
 REMARKS - CAPITAL INCLUDED TO PERFORATE REMAINDER OF KNOX PAY.                            15.00% -       232,656
                                                                                           20.00% -       192,571
                                                                                           25.00% -       161,992
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>       <C>               <C>         <C>       <C>           <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003     1             0           0          81               0           0          53.472       0.00     2.35
 2004     1             0           0          51               0           0          32.986       0.00     2.36
 2005     1             0           0          38               0           0          25.138       0.00     2.35
 2006     1             0           0          32               0           0          20.757       0.00     2.35
 2007     1             0           0          27               0           0          17.896       0.00     2.36
 2008     1             0           0          24               0           0          15.855       0.00     2.35
 2009     1             0           0          22               0           0          14.312       0.00     2.35
 2010     1             0           0          20               0           0          13.097       0.00     2.35
 2011     1             0           0          18               0           0          12.111       0.00     2.35
 2012     1             0           0          18               0           0          11.292       0.00     2.35
 2013     1             0           0          16               0           0          10.599       0.00     2.35
 2014     1             0           0          15               0           0           9.753       0.00     2.35
 2015     1             0           0          13               0           0           9.011       0.00     2.35
 2016     1             0           0          13               0           0           8.561       0.00     2.35

 SUB-TOTAL              0           0         388               0           0         254.840       0.00     2.35
 REMAINDER              0           0          14               0           0           9.080       0.00     2.35
 TOTAL                  0           0         402               0           0         263.920       0.00     2.35

 CUMULATIVE             0           0           0
 ULTIMATE               0           0         402
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>     <C>                <C>     <C>               <C>    <C>          <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0       125,926            0       125,926           0       3,778       122,148
 2004                0           0        77,683            0        77,683           0       2,330        75,353
 2005                0           0        59,201            0        59,201           0       1,776        57,425
 2006                0           0        48,883            0        48,883           0       1,467        47,416
 2007                0           0        42,145            0        42,145           0       1,264        40,881
 2008                0           0        37,338            0        37,338           0       1,120        36,218
 2009                0           0        33,704            0        33,704           0       1,011        32,693
 2010                0           0        30,844            0        30,844           0         926        29,918
 2011                0           0        28,521            0        28,521           0         855        27,666
 2012                0           0        26,593            0        26,593           0         798        25,795
 2013                0           0        24,961            0        24,961           0         749        24,212
 2014                0           0        22,968            0        22,968           0         689        22,279
 2015                0           0        21,221            0        21,221           0         637        20,584
 2016                0           0        20,161            0        20,161           0         604        19,557

 SUB-TOT             0           0       600,149            0       600,149           0      18,004       582,145
 REMAIN              0           0        21,384            0        21,384           0         642        20,742
 TOTAL               0           0       621,533            0       621,533           0      18,646       602,887
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>    <C>              <C>      <C>            <C>           <C>           <C>
 2002              0           0      20,000           0        20,000        -20,000       -20,000       -19,917
 2003          6,000           0           0           0         6,000        116,148        96,148       100,664
 2004          6,000           0           0           0         6,000         69,353       165,501        54,251
 2005          6,000           0           0           0         6,000         51,425       216,926        36,380
 2006          7,200           0           0           0         7,200         40,216       257,142        25,743
 2007          7,200           0           0           0         7,200         33,681       290,823        19,510
 2008          7,200           0           0           0         7,200         29,018       319,841        15,213
 2009          7,200           0           0           0         7,200         25,493       345,334        12,097
 2010          7,200           0           0           0         7,200         22,718       368,052         9,757
 2011          7,200           0           0           0         7,200         20,466       388,518         7,956
 2012          7,200           0           0           0         7,200         18,595       407,113         6,543
 2013          7,200           0           0           0         7,200         17,012       424,125         5,418
 2014          7,200           0           0           0         7,200         15,079       439,204         4,352
 2015          7,200           0           0           0         7,200         13,384       452,588         3,493
 2016          7,200           0           0           0         7,200         12,357       464,945         2,919

 SUBTOT       97,200           0      20,000           0       117,200        464,945                     284,379
 REMAIN        8,063           0           0           0         8,063         12,679       477,624         2,696
 TOTAL       105,263           0      20,000           0       125,263        477,624                     287,075

   LIFE OF EVALUATION IS 16.12 YEARS.
   FINAL PRODUCTION RATE: 1.0 MMCF/MO
</TABLE>

<PAGE>




                                 TENGASCO, INC.                        TABLE 234
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   10-T1S-R74E                                              PROVED
     PAUL REED #3 BP2   (TRENTON)                                                      BEHIND PIPE


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>        <C>         <C>               <C>
 INITIAL -   1.000000                      0.656250                             2.35        5.00% -           484
 FINAL   -   1.000000                      0.656250                             2.35       10.00% -            88
 REMARKS - RECOMPLETION COST IS SHOWN AS A DEVELOPMENT COST.                               15.00% -           -15
                                                                                           20.00% -           -30
                                                                                           25.00% -           -24
</TABLE>


<TABLE>
<CAPTION>
                ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>        <C>              <C>         <C>        <C>          <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0          22               0           0          14.438       0.00     2.35
 TOTAL                  0           0          22               0           0          14.438       0.00     2.35

 CUMULATIVE             0           0           0
 ULTIMATE               0           0          22
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0        34,000            0        34,000           0       1,020        32,980
 TOTAL               0           0        34,000            0        34,000           0       1,020        32,980
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0
 2016              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN       11,218           0      20,000           0        31,218          1,762         1,762            88
 TOTAL        11,218           0      20,000           0        31,218          1,762                          88

   LIFE OF EVALUATION IS 17.72 YEARS.
   FINAL PRODUCTION RATE: 0.9 MMCF/MO
</TABLE>

<PAGE>



                                 TENGASCO, INC.                        TABLE 235
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   6-T1S-R75E                                               PROVED
     PAUL REED #4   (KNOX)                                                             PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>         <C>       <C>           <C>
 INITIAL -   1.000000                      0.875000                             2.35        5.00% -     1,200,452
 FINAL   -   1.000000                      0.875000                             2.35       10.00% -       900,327
 REMARKS -                                                                                 15.00% -       728,334
                                                                                           20.00% -       617,671
                                                                                           25.00% -       540,205
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>       <C>               <C>         <C>       <C>           <C>      <C>
 2002     1             0           0         121               0           0         106.196       0.00     2.35
 2003     1             0           0          81               0           0          70.335       0.00     2.35
 2004     1             0           0          64               0           0          56.594       0.00     2.35
 2005     1             0           0          56               0           0          48.701       0.00     2.35
 2006     1             0           0          50               0           0          43.405       0.00     2.35
 2007     1             0           0          45               0           0          39.535       0.00     2.35
 2008     1             0           0          42               0           0          36.545       0.00     2.35
 2009     1             0           0          39               0           0          34.146       0.00     2.36
 2010     1             0           0          36               0           0          32.165       0.00     2.35
 2011     1             0           0          35               0           0          30.490       0.00     2.36
 2012     1             0           0          33               0           0          28.966       0.00     2.35
 2013     1             0           0          32               0           0          27.518       0.00     2.36
 2014     1             0           0          30               0           0          26.142       0.00     2.36
 2015     1             0           0          28               0           0          24.835       0.00     2.35
 2016     1             0           0          27               0           0          23.593       0.00     2.35

 SUB-TOTAL              0           0         719               0           0         629.166       0.00     2.35
 REMAINDER              0           0         299               0           0         261.478       0.00     2.36
 TOTAL                  0           0       1,018               0           0         890.644       0.00     2.35

 CUMULATIVE             0           0         192
 ULTIMATE               0           0       1,210
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>     <C>                <C>     <C>               <C>     <C>         <C>
 2002                0           0       250,093            0       250,093           0       7,503       242,590
 2003                0           0       165,638            0       165,638           0       4,969       160,669
 2004                0           0       133,278            0       133,278           0       3,998       129,280
 2005                0           0       114,691            0       114,691           0       3,441       111,250
 2006                0           0       102,219            0       102,219           0       3,067        99,152
 2007                0           0        93,104            0        93,104           0       2,793        90,311
 2008                0           0        86,064            0        86,064           0       2,582        83,482
 2009                0           0        80,413            0        80,413           0       2,412        78,001
 2010                0           0        75,749            0        75,749           0       2,272        73,477
 2011                0           0        71,804            0        71,804           0       2,155        69,649
 2012                0           0        68,215            0        68,215           0       2,046        66,169
 2013                0           0        64,805            0        64,805           0       1,944        62,861
 2014                0           0        61,564            0        61,564           0       1,847        59,717
 2015                0           0        58,486            0        58,486           0       1,755        56,731
 2016                0           0        55,562            0        55,562           0       1,667        53,895

 SUB-TOT             0           0     1,481,685            0     1,481,685           0      44,451     1,437,234
 REMAIN              0           0       615,781            0       615,781           0      18,473       597,308
 TOTAL               0           0     2,097,466            0     2,097,466           0      62,924     2,034,542
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>          <C>               <C>         <C>         <C>     <C>           <C>          <C>             <C>
 2002          6,000           0           0           0         6,000        236,590       236,590       226,360
 2003          6,000           0           0           0         6,000        154,669       391,259       133,570
 2004          6,000           0           0           0         6,000        123,280       514,539        96,294
 2005          6,000           0           0           0         6,000        105,250       619,789        74,390
 2006          7,200           0           0           0         7,200         91,952       711,741        58,818
 2007          7,200           0           0           0         7,200         83,111       794,852        48,117
 2008          7,200           0           0           0         7,200         76,282       871,134        39,973
 2009          7,200           0           0           0         7,200         70,801       941,935        33,581
 2010          7,200           0           0           0         7,200         66,277     1,008,212        28,454
 2011          7,200           0           0           0         7,200         62,449     1,070,661        24,268
 2012          7,200           0           0           0         7,200         58,969     1,129,630        20,744
 2013          7,200           0           0           0         7,200         55,661     1,185,291        17,724
 2014          7,200           0           0           0         7,200         52,517     1,237,808        15,138
 2015          7,200           0           0           0         7,200         49,531     1,287,339        12,924
 2016          7,200           0           0           0         7,200         46,695     1,334,034        11,029

 SUBTOT      103,200           0           0           0       103,200      1,334,034                     841,384
 REMAIN      122,879           0           0           0       122,879        474,429     1,808,463        58,943
 TOTAL       226,079           0           0           0       226,079      1,808,463                     900,327

   LIFE OF EVALUATION IS 32.07 YEARS.
   FINAL PRODUCTION RATE: 0.9 MMCF/MO
</TABLE>

<PAGE>




                                 TENGASCO, INC.                        TABLE 236
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   6-T1S-R75E                                               PROVED
     PAUL REED #4 BP1   (KNOX)                                                         BEHIND PIPE


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>        <C>        <C>           <C>
 INITIAL -   1.000000                      0.875000                             2.35        5.00% -     1,427,994
 FINAL   -   1.000000                      0.875000                             2.35       10.00% -     1,022,112
 REMARKS - CAPITAL INCLUDED TO PERFORATE REMAINDER OF KNOX PAY.                            15.00% -       791,233
                                                                                           20.00% -       641,947
                                                                                           25.00% -       536,624
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>       <C>               <C>         <C>       <C>           <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003     1             0           0         175               0           0         153.542       0.00     2.35
 2004     1             0           0         101               0           0          87.706       0.00     2.36
 2005     1             0           0          78               0           0          68.634       0.00     2.35
 2006     1             0           0          67               0           0          58.333       0.00     2.36
 2007     1             0           0          59               0           0          51.623       0.00     2.35
 2008     1             0           0          53               0           0          46.804       0.00     2.35
 2009     1             0           0          50               0           0          43.125       0.00     2.35
 2010     1             0           0          46               0           0          40.198       0.00     2.35
 2011     1             0           0          43               0           0          37.797       0.00     2.35
 2012     1             0           0          41               0           0          35.779       0.00     2.35
 2013     1             0           0          38               0           0          33.985       0.00     2.35
 2014     1             0           0          37               0           0          32.285       0.00     2.35
 2015     1             0           0          35               0           0          30.671       0.00     2.36
 2016     1             0           0          34               0           0          29.137       0.00     2.36

 SUB-TOTAL              0           0         857               0           0         749.619       0.00     2.36
 REMAINDER              0           0         419               0           0         366.879       0.00     2.36
 TOTAL                  0           0       1,276               0           0       1,116.498       0.00     2.36

 CUMULATIVE             0           0           0
 ULTIMATE               0           0       1,276
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>   <C>                  <C>   <C>                 <C>    <C>        <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0       361,592            0       361,592           0      10,848       350,744
 2004                0           0       206,547            0       206,547           0       6,196       200,351
 2005                0           0       161,634            0       161,634           0       4,849       156,785
 2006                0           0       137,375            0       137,375           0       4,121       133,254
 2007                0           0       121,572            0       121,572           0       3,648       117,924
 2008                0           0       110,223            0       110,223           0       3,306       106,917
 2009                0           0       101,560            0       101,560           0       3,047        98,513
 2010                0           0        94,667            0        94,667           0       2,840        91,827
 2011                0           0        89,011            0        89,011           0       2,670        86,341
 2012                0           0        84,260            0        84,260           0       2,528        81,732
 2013                0           0        80,034            0        80,034           0       2,401        77,633
 2014                0           0        76,032            0        76,032           0       2,281        73,751
 2015                0           0        72,230            0        72,230           0       2,167        70,063
 2016                0           0        68,619            0        68,619           0       2,059        66,560

 SUB-TOT             0           0     1,765,356            0     1,765,356           0      52,961     1,712,395
 REMAIN              0           0       864,001            0       864,001           0      25,920       838,081
 TOTAL               0           0     2,629,357            0     2,629,357           0      78,881     2,550,476
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>          <C>               <C>         <C>         <C>     <C>          <C>          <C>            <C>
 2002              0           0      20,000           0        20,000        -20,000       -20,000       -19,917
 2003          6,000           0           0           0         6,000        344,744       324,744       299,415
 2004          6,000           0           0           0         6,000        194,351       519,095       151,982
 2005          6,000           0           0           0         6,000        150,785       669,880       106,629
 2006          7,200           0           0           0         7,200        126,054       795,934        80,655
 2007          7,200           0           0           0         7,200        110,724       906,658        64,115
 2008          7,200           0           0           0         7,200         99,717     1,006,375        52,260
 2009          7,200           0           0           0         7,200         91,313     1,097,688        43,314
 2010          7,200           0           0           0         7,200         84,627     1,182,315        36,335
 2011          7,200           0           0           0         7,200         79,141     1,261,456        30,756
 2012          7,200           0           0           0         7,200         74,532     1,335,988        26,218
 2013          7,200           0           0           0         7,200         70,433     1,406,421        22,428
 2014          7,200           0           0           0         7,200         66,551     1,472,972        19,183
 2015          7,200           0           0           0         7,200         62,863     1,535,835        16,403
 2016          7,200           0           0           0         7,200         59,360     1,595,195        14,020

 SUBTOT       97,200           0      20,000           0       117,200      1,595,195                     943,796
 REMAIN      152,551           0           0           0       152,551        685,530     2,280,725        78,316
 TOTAL       249,751           0      20,000           0       269,751      2,280,725                   1,022,112

   LIFE OF EVALUATION IS 36.19 YEARS.
   FINAL PRODUCTION RATE: 0.9 MMCF/MO
</TABLE>

<PAGE>





                                 TENGASCO, INC.                        TABLE 237
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   6-T1S-R75E                                               PROVED
     PAUL REED #4 BP2   (TRENTON)                                                      BEHIND PIPE


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>      <C>           <C>             <C>
 INITIAL -   1.000000                      0.875000                             2.35        5.00% -           769
 FINAL   -   1.000000                      0.875000                             2.35       10.00% -           111
 REMARKS - RECOMPLETION COST IS SHOWN AS A DEVELOPMENT COST.                               15.00% -            16
                                                                                           20.00% -             2
                                                                                           25.00% -             0
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0          17               0           0          14.875       0.00     2.36
 TOTAL                  0           0          17               0           0          14.875       0.00     2.36

 CUMULATIVE             0           0           0
 ULTIMATE               0           0          17
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0        35,031            0        35,031           0       1,051        33,980
 TOTAL               0           0        35,031            0        35,031           0       1,051        33,980
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>           <C>     <C>             <C>       <C>            <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0
 2016              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN        8,668           0      20,000           0        28,668          5,312         5,312           111
 TOTAL         8,668           0      20,000           0        28,668          5,312                         111

   LIFE OF EVALUATION IS 37.45 YEARS.
</TABLE>

<PAGE>



                                 TENGASCO, INC.                        TABLE 238
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           OIL LEASE
   TENGASCO INC. - OPERATOR   10-T1S-R74E                                              PROVED
     PAUL REED #5   (STONES RIVER)                                                     PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>      <C>           <C>             <C>
 INITIAL -   1.000000  0.875000                         16.25                               5.00% -       810,651
 FINAL   -   1.000000  0.875000                         16.25                              10.00% -       665,654
 REMARKS -                                                                                 15.00% -       562,495
                                                                                           20.00% -       486,139
                                                                                           25.00% -       427,699
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>      <C>              <C>         <C>        <C>              <C>         <C>        <C>       <C>
 2002     1        12,208           0           0          10,682           0           0.000      16.25     0.00
 2003     1        10,621           0           0           9,293           0           0.000      16.25     0.00
 2004     1         9,240           0           0           8,085           0           0.000      16.25     0.00
 2005     1         8,039           0           0           7,034           0           0.000      16.25     0.00
 2006     1         6,993           0           0           6,120           0           0.000      16.25     0.00
 2007     1         6,085           0           0           5,324           0           0.000      16.25     0.00
 2008     1         5,294           0           0           4,632           0           0.000      16.25     0.00
 2009     1         4,605           0           0           4,030           0           0.000      16.25     0.00
 2010     1         4,007           0           0           3,505           0           0.000      16.25     0.00
 2011     1         3,486           0           0           3,051           0           0.000      16.25     0.00
 2012     1         3,033           0           0           2,653           0           0.000      16.25     0.00
 2013     1         2,638           0           0           2,309           0           0.000      16.25     0.00
 2014     1         2,295           0           0           2,008           0           0.000      16.25     0.00
 2015     1         1,998           0           0           1,748           0           0.000      16.25     0.00
 2016     1         1,737           0           0           1,520           0           0.000      16.25     0.00

 SUB-TOTAL         82,279           0           0          71,994           0           0.000      16.25     0.00
 REMAINDER          6,644           0           0           5,813           0           0.000      16.25     0.00
 TOTAL             88,923           0           0          77,807           0           0.000      16.25     0.00

 CUMULATIVE        54,807           0           0
 ULTIMATE         143,730           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>            <C>               <C>           <C>          <C>     <C>           <C>             <C>     <C>
 2002          173,580           0             0            0       173,580       5,207           0       168,373
 2003          151,015           0             0            0       151,015       4,531           0       146,484
 2004          131,383           0             0            0       131,383       3,941           0       127,442
 2005          114,303           0             0            0       114,303       3,429           0       110,874
 2006           99,443           0             0            0        99,443       2,984           0        96,459
 2007           86,516           0             0            0        86,516       2,595           0        83,921
 2008           75,269           0             0            0        75,269       2,258           0        73,011
 2009           65,484           0             0            0        65,484       1,965           0        63,519
 2010           56,971           0             0            0        56,971       1,709           0        55,262
 2011           49,565           0             0            0        49,565       1,487           0        48,078
 2012           43,121           0             0            0        43,121       1,294           0        41,827
 2013           37,516           0             0            0        37,516       1,125           0        36,391
 2014           32,638           0             0            0        32,638         979           0        31,659
 2015           28,396           0             0            0        28,396         852           0        27,544
 2016           24,704           0             0            0        24,704         741           0        23,963

 SUB-TOT     1,169,904           0             0            0     1,169,904      35,097           0     1,134,807
 REMAIN         94,464           0             0            0        94,464       2,834           0        91,630
 TOTAL       1,264,368           0             0            0     1,264,368      37,931           0     1,226,437
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>         <C>         <C>       <C>          <C>           <C>           <C>
 2002          9,600           0           0           0         9,600        158,773       158,773       151,307
 2003          9,600           0           0           0         9,600        136,884       295,657       118,083
 2004          9,600           0           0           0         9,600        117,842       413,499        92,023
 2005          9,600           0           0           0         9,600        101,274       514,773        71,589
 2006          9,600           0           0           0         9,600         86,859       601,632        55,580
 2007          9,600           0           0           0         9,600         74,321       675,953        43,051
 2008          9,600           0           0           0         9,600         63,411       739,364        33,250
 2009          9,600           0           0           0         9,600         53,919       793,283        25,594
 2010          9,600           0           0           0         9,600         45,662       838,945        19,621
 2011          9,600           0           0           0         9,600         38,478       877,423        14,967
 2012          9,600           0           0           0         9,600         32,227       909,650        11,348
 2013          9,600           0           0           0         9,600         26,791       936,441         8,541
 2014          9,600           0           0           0         9,600         22,059       958,500         6,366
 2015          9,600           0           0           0         9,600         17,944       976,444         4,688
 2016          9,600           0           0           0         9,600         14,363       990,807         3,397

 SUBTOT      144,000           0           0           0       144,000        990,807                     659,405
 REMAIN       58,400           0           0           0        58,400         33,230     1,024,037         6,249
 TOTAL       202,400           0           0           0       202,400      1,024,037                     665,654

   LIFE OF EVALUATION IS 21.08 YEARS.
   FINAL PRODUCTION RATE: 58 BBLS/MO
</TABLE>

<PAGE>




                                 TENGASCO, INC.                        TABLE 239
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR                                                            PROVED
     PAUL REED #6   (KNOX)                                                             PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>      <C>           <C>            <C>
 INITIAL -   1.000000                      0.875000                             2.35        5.00% -       582,707
 FINAL   -   1.000000                      0.875000                             2.35       10.00% -       424,208
 REMARKS -                                                                                 15.00% -       329,505
                                                                                           20.00% -       268,248
                                                                                           25.00% -       225,935
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>        <C>              <C>         <C>        <C>          <C>      <C>
 2002     1             0           0          37               0           0          32.137       0.00     2.35
 2003     1             0           0          35               0           0          30.530       0.00     2.35
 2004     1             0           0          33               0           0          29.003       0.00     2.35
 2005     1             0           0          31               0           0          27.553       0.00     2.35
 2006     1             0           0          30               0           0          26.176       0.00     2.35
 2007     1             0           0          29               0           0          24.867       0.00     2.35
 2008     1             0           0          27               0           0          23.623       0.00     2.35
 2009     1             0           0          25               0           0          22.442       0.00     2.35
 2010     1             0           0          25               0           0          21.320       0.00     2.35
 2011     1             0           0          23               0           0          20.254       0.00     2.35
 2012     1             0           0          22               0           0          19.241       0.00     2.35
 2013     1             0           0          21               0           0          18.279       0.00     2.36
 2014     1             0           0          19               0           0          17.365       0.00     2.35
 2015     1             0           0          19               0           0          16.497       0.00     2.35
 2016     1             0           0          18               0           0          15.672       0.00     2.35

 SUB-TOTAL              0           0         394               0           0         344.959       0.00     2.35
 REMAINDER              0           0         127               0           0         111.082       0.00     2.36
 TOTAL                  0           0         521               0           0         456.041       0.00     2.35

 CUMULATIVE             0           0          22
 ULTIMATE               0           0         543
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>   <C>                  <C>   <C>                 <C>    <C>        <C>
 2002                0           0        75,682            0        75,682           0       2,270        73,412
 2003                0           0        71,898            0        71,898           0       2,157        69,741
 2004                0           0        68,302            0        68,302           0       2,049        66,253
 2005                0           0        64,888            0        64,888           0       1,947        62,941
 2006                0           0        61,643            0        61,643           0       1,849        59,794
 2007                0           0        58,562            0        58,562           0       1,757        56,805
 2008                0           0        55,633            0        55,633           0       1,669        53,964
 2009                0           0        52,851            0        52,851           0       1,586        51,265
 2010                0           0        50,209            0        50,209           0       1,506        48,703
 2011                0           0        47,698            0        47,698           0       1,431        46,267
 2012                0           0        45,314            0        45,314           0       1,359        43,955
 2013                0           0        43,048            0        43,048           0       1,292        41,756
 2014                0           0        40,895            0        40,895           0       1,227        39,668
 2015                0           0        38,851            0        38,851           0       1,165        37,686
 2016                0           0        36,908            0        36,908           0       1,107        35,801

 SUB-TOT             0           0       812,382            0       812,382           0      24,371       788,011
 REMAIN              0           0       261,597            0       261,597           0       7,848       253,749
 TOTAL               0           0     1,073,979            0     1,073,979           0      32,219     1,041,760
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>         <C>         <C>       <C>           <C>           <C>           <C>
 2002          6,000           0           0           0         6,000         67,412        67,412        64,193
 2003          6,000           0           0           0         6,000         63,741       131,153        54,945
 2004          6,000           0           0           0         6,000         60,253       191,406        47,015
 2005          6,000           0           0           0         6,000         56,941       248,347        40,219
 2006          7,200           0           0           0         7,200         52,594       300,941        33,628
 2007          7,200           0           0           0         7,200         49,605       350,546        28,710
 2008          7,200           0           0           0         7,200         46,764       397,310        24,501
 2009          7,200           0           0           0         7,200         44,065       441,375        20,898
 2010          7,200           0           0           0         7,200         41,503       482,878        17,818
 2011          7,200           0           0           0         7,200         39,067       521,945        15,182
 2012          7,200           0           0           0         7,200         36,755       558,700        12,930
 2013          7,200           0           0           0         7,200         34,556       593,256        11,004
 2014          7,200           0           0           0         7,200         32,468       625,724         9,360
 2015          7,200           0           0           0         7,200         30,486       656,210         7,954
 2016          7,200           0           0           0         7,200         28,601       684,811         6,756

 SUBTOT      103,200           0           0           0       103,200        684,811                     395,113
 REMAIN       65,535           0           0           0        65,535        188,214       873,025        29,095
 TOTAL       168,735           0           0           0       168,735        873,025                     424,208

   LIFE OF EVALUATION IS 24.10 YEARS.
   FINAL PRODUCTION RATE: 0.9 MMCF/MO
</TABLE>

<PAGE>




                                 TENGASCO, INC.                        TABLE 240
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           OIL LEASE
   TENGASCO INC. - OPERATOR                                                            PROVED
     PAUL REED #6   (STONES RIVER)                                                     BEHIND PIPE


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>      <C>           <C>             <C>
 INITIAL -   1.000000  0.875000                         16.25                               5.00% -        32,240
 FINAL   -   1.000000  0.875000                         16.25                              10.00% -         8,874
 REMARKS - CUM IS FROM PRIOR PRODUCTION IN THIS WELL.                                      15.00% -         2,461
           CAPITAL COSTS IS TO DRILL AND COMPLETE.                                         20.00% -           687
                                                                                           25.00% -           193
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                <C>              <C>         <C>        <C>              <C>         <C>        <C>       <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER         11,774           0           0          10,302           0           0.000      16.25     0.00
 TOTAL             11,774           0           0          10,302           0           0.000      16.25     0.00

 CUMULATIVE         6,842           0           0
 ULTIMATE          18,616           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>            <C>               <C>           <C>          <C>     <C>           <C>             <C>     <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN        167,412           0             0            0       167,412       5,022           0       162,390
 TOTAL         167,412           0             0            0       167,412       5,022           0       162,390
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>           <C>              <C>    <C>              <C>      <C>           <C>           <C>             <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0
 2016              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN       34,368           0      10,000           0        44,368        118,022       118,022         8,874
 TOTAL        34,368           0      10,000           0        44,368        118,022                       8,874

   LIFE OF EVALUATION IS 27.75 YEARS.
   FINAL PRODUCTION RATE: 250 BBLS/MO
</TABLE>

<PAGE>


                            TENGASCO, INC.                             TABLE 241
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   10-T1S-R74E                                              PROVED
     PAUL REED #7   (KNOX)                                                             PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>      <C>           <C>            <C>
 INITIAL -   1.000000                      0.875000                             2.35        5.00% -       620,997
 FINAL   -   1.000000                      0.875000                             2.35       10.00% -       471,469
 REMARKS -                                                                                 15.00% -       384,914
                                                                                           20.00% -       328,522
                                                                                           25.00% -       288,635
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>        <C>              <C>         <C>        <C>          <C>      <C>
 2002     1             0           0          68               0           0          59.336       0.00     2.35
 2003     1             0           0          44               0           0          38.932       0.00     2.35
 2004     1             0           0          36               0           0          31.304       0.00     2.35
 2005     1             0           0          31               0           0          26.946       0.00     2.35
 2006     1             0           0          27               0           0          24.029       0.00     2.35
 2007     1             0           0          25               0           0          21.898       0.00     2.35
 2008     1             0           0          24               0           0          20.254       0.00     2.35
 2009     1             0           0          21               0           0          18.935       0.00     2.35
 2010     1             0           0          21               0           0          17.845       0.00     2.35
 2011     1             0           0          19               0           0          16.924       0.00     2.35
 2012     1             0           0          18               0           0          16.079       0.00     2.35
 2013     1             0           0          18               0           0          15.275       0.00     2.35
 2014     1             0           0          16               0           0          14.511       0.00     2.35
 2015     1             0           0          16               0           0          13.786       0.00     2.35
 2016     1             0           0          15               0           0          13.097       0.00     2.35

 SUB-TOTAL              0           0         399               0           0         349.151       0.00     2.35
 REMAINDER              0           0         214               0           0         187.346       0.00     2.36
 TOTAL                  0           0         613               0           0         536.497       0.00     2.36

 CUMULATIVE             0           0          77
 ULTIMATE               0           0         690
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>     <C>                <C>     <C>               <C>     <C>         <C>
 2002                0           0       139,735            0       139,735           0       4,192       135,543
 2003                0           0        91,685            0        91,685           0       2,751        88,934
 2004                0           0        73,720            0        73,720           0       2,211        71,509
 2005                0           0        63,458            0        63,458           0       1,904        61,554
 2006                0           0        56,587            0        56,587           0       1,698        54,889
 2007                0           0        51,571            0        51,571           0       1,547        50,024
 2008                0           0        47,698            0        47,698           0       1,431        46,267
 2009                0           0        44,591            0        44,591           0       1,337        43,254
 2010                0           0        42,026            0        42,026           0       1,261        40,765
 2011                0           0        39,855            0        39,855           0       1,196        38,659
 2012                0           0        37,867            0        37,867           0       1,136        36,731
 2013                0           0        35,973            0        35,973           0       1,079        34,894
 2014                0           0        34,174            0        34,174           0       1,025        33,149
 2015                0           0        32,466            0        32,466           0         974        31,492
 2016                0           0        30,842            0        30,842           0         925        29,917

 SUB-TOT             0           0       822,248            0       822,248           0      24,667       797,581
 REMAIN              0           0       441,199            0       441,199           0      13,236       427,963
 TOTAL               0           0     1,263,447            0     1,263,447           0      37,903     1,225,544
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>         <C>         <C>       <C>          <C>           <C>           <C>
 2002          6,000           0           0           0         6,000        129,543       129,543       123,979
 2003          6,000           0           0           0         6,000         82,934       212,477        71,627
 2004          6,000           0           0           0         6,000         65,509       277,986        51,173
 2005          6,000           0           0           0         6,000         55,554       333,540        39,267
 2006          7,200           0           0           0         7,200         47,689       381,229        30,506
 2007          7,200           0           0           0         7,200         42,824       424,053        24,794
 2008          7,200           0           0           0         7,200         39,067       463,120        20,473
 2009          7,200           0           0           0         7,200         36,054       499,174        17,101
 2010          7,200           0           0           0         7,200         33,565       532,739        14,411
 2011          7,200           0           0           0         7,200         31,459       564,198        12,226
 2012          7,200           0           0           0         7,200         29,531       593,729        10,389
 2013          7,200           0           0           0         7,200         27,694       621,423         8,819
 2014          7,200           0           0           0         7,200         25,949       647,372         7,480
 2015          7,200           0           0           0         7,200         24,292       671,664         6,339
 2016          7,200           0           0           0         7,200         22,717       694,381         5,366

 SUBTOT      103,200           0           0           0       103,200        694,381                     443,950
 REMAIN      196,228           0           0           0       196,228        231,735       926,116        27,519
 TOTAL       299,428           0           0           0       299,428        926,116                     471,469

   LIFE OF EVALUATION IS 42.25 YEARS.
   FINAL PRODUCTION RATE: 0.3 MMCF/MO
</TABLE>

<PAGE>


                                 TENGASCO, INC.                        TABLE 242
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   10-T1S-R74E                                              PROVED
     PAUL REED #7 BP1   (KNOX)                                                         BEHIND PIPE


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>      <C>           <C>            <C>
 INITIAL -   1.000000                      0.875000                             2.35        5.00% -       288,568
 FINAL   -   1.000000                      0.875000                             2.35       10.00% -       216,172
 REMARKS - CAPITAL INCLUDED TO PERFORATE REMAINDER OF KNOX PAY.                            15.00% -       170,858
                                                                                           20.00% -       139,959
                                                                                           25.00% -       117,513
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>        <C>              <C>         <C>        <C>          <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003     1             0           0          47               0           0          41.358       0.00     2.36
 2004     1             0           0          27               0           0          23.679       0.00     2.35
 2005     1             0           0          22               0           0          18.536       0.00     2.35
 2006     1             0           0          18               0           0          15.756       0.00     2.35
 2007     1             0           0          15               0           0          13.944       0.00     2.35
 2008     1             0           0          15               0           0          12.643       0.00     2.35
 2009     1             0           0          13               0           0          11.650       0.00     2.36
 2010     1             0           0          13               0           0          10.859       0.00     2.36
 2011     1             0           0          11               0           0          10.211       0.00     2.35
 2012     1             0           0          11               0           0           9.666       0.00     2.36
 2013     1             0           0          11               0           0           9.180       0.00     2.35
 2014     1             0           0          10               0           0           8.721       0.00     2.35
 2015     1             0           0           9               0           0           8.285       0.00     2.35
 2016     1             0           0           9               0           0           7.871       0.00     2.36

 SUB-TOTAL              0           0         231               0           0         202.359       0.00     2.35
 REMAINDER              0           0         101               0           0          88.079       0.00     2.35
 TOTAL                  0           0         332               0           0         290.438       0.00     2.35

 CUMULATIVE             0           0           0
 ULTIMATE               0           0         332
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>      <C>               <C>      <C>              <C>     <C>          <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0        97,399            0        97,399           0       2,922        94,477
 2004                0           0        55,763            0        55,763           0       1,673        54,090
 2005                0           0        43,651            0        43,651           0       1,309        42,342
 2006                0           0        37,104            0        37,104           0       1,114        35,990
 2007                0           0        32,839            0        32,839           0         985        31,854
 2008                0           0        29,775            0        29,775           0         893        28,882
 2009                0           0        27,435            0        27,435           0         823        26,612
 2010                0           0        25,574            0        25,574           0         767        24,807
 2011                0           0        24,047            0        24,047           0         722        23,325
 2012                0           0        22,763            0        22,763           0         682        22,081
 2013                0           0        21,619            0        21,619           0         649        20,970
 2014                0           0        20,539            0        20,539           0         616        19,923
 2015                0           0        19,512            0        19,512           0         586        18,926
 2016                0           0        18,536            0        18,536           0         556        17,980

 SUB-TOT             0           0       476,556            0       476,556           0      14,297       462,259
 REMAIN              0           0       207,427            0       207,427           0       6,222       201,205
 TOTAL               0           0       683,983            0       683,983           0      20,519       663,464
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>    <C>              <C>      <C>            <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003          7,200           0      20,000           0        27,200         67,277        67,277        57,807
 2004          7,200           0           0           0         7,200         46,890       114,167        36,679
 2005          7,200           0           0           0         7,200         35,142       149,309        24,857
 2006          7,200           0           0           0         7,200         28,790       178,099        18,426
 2007          7,200           0           0           0         7,200         24,654       202,753        14,278
 2008          7,200           0           0           0         7,200         21,682       224,435        11,366
 2009          7,200           0           0           0         7,200         19,412       243,847         9,209
 2010          7,200           0           0           0         7,200         17,607       261,454         7,561
 2011          7,200           0           0           0         7,200         16,125       277,579         6,268
 2012          7,200           0           0           0         7,200         14,881       292,460         5,236
 2013          7,200           0           0           0         7,200         13,770       306,230         4,385
 2014          7,200           0           0           0         7,200         12,723       318,953         3,668
 2015          7,200           0           0           0         7,200         11,726       330,679         3,060
 2016          7,200           0           0           0         7,200         10,780       341,459         2,547

 SUBTOT      100,800           0      20,000           0       120,800        341,459                     205,347
 REMAIN      124,800           0           0           0       124,800         76,405       417,864        10,825
 TOTAL       225,600           0      20,000           0       245,600        417,864                     216,172

   LIFE OF EVALUATION IS 32.33 YEARS.
   FINAL PRODUCTION RATE: 0.3 MMCF/MO
</TABLE>

<PAGE>



                                 TENGASCO, INC.                        TABLE 243
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   10-T1S-R74E                                              PROVED
     PAUL REED #7 BP2   (TRENTON-MURFREESBORO)                                         BEHIND PIPE


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>      <C>           <C>            <C>
 INITIAL -   1.000000                      0.875000                             2.35        5.00% -        61,499
 FINAL   -   1.000000                      0.875000                             2.35       10.00% -         9,579
 REMARKS - CAPITAL INCLUDED TO RECOMPLETE TO TRENTON-MURFREESBORO.                         15.00% -         1,554
                                                                                           20.00% -           261
                                                                                           25.00% -            45
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>       <C>               <C>         <C>       <C>           <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0         275               0           0         240.391       0.00     2.35
 TOTAL                  0           0         275               0           0         240.391       0.00     2.35

 CUMULATIVE             0           0           0
 ULTIMATE               0           0         275
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>     <C>                <C>     <C>               <C>    <C>          <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0       566,122            0       566,122           0      16,984       549,138
 TOTAL               0           0       566,122            0       566,122           0      16,984       549,138
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>          <C>               <C>    <C>              <C>     <C>            <C>           <C>             <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0
 2016              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN      110,291           0      25,000           0       135,291        413,847       413,847         9,579
 TOTAL       110,291           0      25,000           0       135,291        413,847                       9,579

   LIFE OF EVALUATION IS 47.65 YEARS.
   FINAL PRODUCTION RATE: 0.9 MMCF/MO
</TABLE>

<PAGE>


                                 TENGASCO, INC.                        TABLE 244
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   6-T1S-R75E                                               PROVED
     PAUL REED #8   (STONES RIVER)                                                     UNDEVELOPED


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>      <C>           <C>            <C>
 INITIAL -   1.000000                      0.656250                             2.35        5.00% -       215,418
 FINAL   -   1.000000                      0.656250                             2.35       10.00% -       129,172
 REMARKS - CAPITAL COSTS INCLUDED TO DRILL AND COMPLETE.  REPLACES LOCATION #7.            15.00% -        73,715
                                                                                           20.00% -        36,260
                                                                                           25.00% -         9,950
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>        <C>              <C>         <C>        <C>          <C>      <C>
 2002     1             0           0          29               0           0          18.804       0.00     2.36
 2003     1             0           0          78               0           0          51.596       0.00     2.35
 2004     1             0           0          54               0           0          35.362       0.00     2.35
 2005     1             0           0          43               0           0          27.901       0.00     2.35
 2006     1             0           0          35               0           0          23.448       0.00     2.35
 2007     1             0           0          32               0           0          20.434       0.00     2.35
 2008     1             0           0          27               0           0          18.235       0.00     2.35
 2009     1             0           0          26               0           0          16.546       0.00     2.36
 2010     1             0           0          23               0           0          15.202       0.00     2.35
 2011     1             0           0          21               0           0          14.101       0.00     2.35
 2012     1             0           0          20               0           0          13.180       0.00     2.36
 2013     1             0           0          19               0           0          12.396       0.00     2.36
 2014     1             0           0          18               0           0          11.719       0.00     2.36
 2015     1             0           0          17               0           0          11.123       0.00     2.35
 2016     1             0           0          16               0           0          10.566       0.00     2.36

 SUB-TOTAL              0           0         458               0           0         300.613       0.00     2.35
 REMAINDER              0           0          72               0           0          47.200       0.00     2.35
 TOTAL                  0           0         530               0           0         347.813       0.00     2.35

 CUMULATIVE             0           0           0
 ULTIMATE               0           0         530
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>     <C>                <C>     <C>               <C>     <C>         <C>
 2002                0           0        44,284            0        44,284           0       1,329        42,955
 2003                0           0       121,509            0       121,509           0       3,645       117,864
 2004                0           0        83,278            0        83,278           0       2,498        80,780
 2005                0           0        65,706            0        65,706           0       1,971        63,735
 2006                0           0        55,220            0        55,220           0       1,657        53,563
 2007                0           0        48,123            0        48,123           0       1,444        46,679
 2008                0           0        42,943            0        42,943           0       1,288        41,655
 2009                0           0        38,967            0        38,967           0       1,169        37,798
 2010                0           0        35,800            0        35,800           0       1,074        34,726
 2011                0           0        33,207            0        33,207           0         996        32,211
 2012                0           0        31,037            0        31,037           0         931        30,106
 2013                0           0        29,192            0        29,192           0         876        28,316
 2014                0           0        27,598            0        27,598           0         828        26,770
 2015                0           0        26,194            0        26,194           0         786        25,408
 2016                0           0        24,884            0        24,884           0         746        24,138

 SUB-TOT             0           0       707,942            0       707,942           0      21,238       686,704
 REMAIN              0           0       111,156            0       111,156           0       3,335       107,821
 TOTAL               0           0       819,098            0       819,098           0      24,573       794,525
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>   <C>               <C>     <C>            <C>           <C>           <C>
 2002          2,400           0     250,000           0       252,400       -209,445      -209,445      -193,860
 2003          9,600           0           0           0         9,600        108,264      -101,181        93,696
 2004          9,600           0           0           0         9,600         71,180       -30,001        55,662
 2005          9,600           0           0           0         9,600         54,135        24,134        38,292
 2006          9,600           0           0           0         9,600         43,963        68,097        28,139
 2007          9,600           0           0           0         9,600         37,079       105,176        21,478
 2008          9,600           0           0           0         9,600         32,055       137,231        16,805
 2009          9,600           0           0           0         9,600         28,198       165,429        13,380
 2010          9,600           0           0           0         9,600         25,126       190,555        10,791
 2011          9,600           0           0           0         9,600         22,611       213,166         8,790
 2012          9,600           0           0           0         9,600         20,506       233,672         7,216
 2013          9,600           0           0           0         9,600         18,716       252,388         5,961
 2014          9,600           0           0           0         9,600         17,170       269,558         4,951
 2015          9,600           0           0           0         9,600         15,808       285,366         4,125
 2016          9,600           0           0           0         9,600         14,538       299,904         3,435

 SUBTOT      136,800           0     250,000           0       386,800        299,904                     118,861
 REMAIN       50,162           0           0           0        50,162         57,659       357,563        10,311
 TOTAL       186,962           0     250,000           0       436,962        357,563                     129,172

   LIFE OF EVALUATION IS 20.23 YEARS.
   FINAL PRODUCTION RATE: 1.0 MMCF/MO
</TABLE>

<PAGE>



                                 TENGASCO, INC.                        TABLE 245
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   11-T1S-R74E                                              PROVED
     PURKEY #1   (KNOX)                                                                PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>      <C>           <C>            <C>
 INITIAL -   0.500000                      0.437500                             2.35        5.00% -       150,170
 FINAL   -   0.500000                      0.437500                             2.35       10.00% -       105,590
 REMARKS -                                                                                 15.00% -        80,884
                                                                                           20.00% -        65,455
                                                                                           25.00% -        54,968
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>       <C>               <C>         <C>       <C>           <C>      <C>
 2002     1             0           0          19               0           0           8.407       0.00     2.35
 2003     1             0           0          19               0           0           8.071       0.00     2.35
 2004     1             0           0          17               0           0           7.748       0.00     2.35
 2005     1             0           0          17               0           0           7.438       0.00     2.35
 2006     1             0           0          17               0           0           7.141       0.00     2.36
 2007     1             0           0          15               0           0           6.855       0.00     2.35
 2008     1             0           0          15               0           0           6.581       0.00     2.35
 2009     1             0           0          15               0           0           6.318       0.00     2.35
 2010     1             0           0          14               0           0           6.065       0.00     2.35
 2011     1             0           0          13               0           0           5.822       0.00     2.35
 2012     1             0           0          13               0           0           5.589       0.00     2.35
 2013     1             0           0          12               0           0           5.366       0.00     2.36
 2014     1             0           0          12               0           0           5.151       0.00     2.35
 2015     1             0           0          11               0           0           4.945       0.00     2.35
 2016     1             0           0          11               0           0           4.747       0.00     2.35

 SUB-TOTAL              0           0         220               0           0          96.244       0.00     2.35
 REMAINDER              0           0         172               0           0          75.314       0.00     2.35
 TOTAL                  0           0         392               0           0         171.558       0.00     2.35

 CUMULATIVE             0           0           8
 ULTIMATE               0           0         400
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>     <C>                <C>     <C>               <C>     <C>         <C>
 2002                0           0        19,799            0        19,799           0         594        19,205
 2003                0           0        19,007            0        19,007           0         570        18,437
 2004                0           0        18,247            0        18,247           0         548        17,699
 2005                0           0        17,517            0        17,517           0         525        16,992
 2006                0           0        16,817            0        16,817           0         505        16,312
 2007                0           0        16,144            0        16,144           0         484        15,660
 2008                0           0        15,498            0        15,498           0         465        15,033
 2009                0           0        14,878            0        14,878           0         446        14,432
 2010                0           0        14,283            0        14,283           0         429        13,854
 2011                0           0        13,711            0        13,711           0         411        13,300
 2012                0           0        13,163            0        13,163           0         395        12,768
 2013                0           0        12,637            0        12,637           0         379        12,258
 2014                0           0        12,131            0        12,131           0         364        11,767
 2015                0           0        11,646            0        11,646           0         349        11,297
 2016                0           0        11,180            0        11,180           0         336        10,844

 SUB-TOT             0           0       226,658            0       226,658           0       6,800       219,858
 REMAIN              0           0       177,364            0       177,364           0       5,321       172,043
 TOTAL               0           0       404,022            0       404,022           0      12,121       391,901
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>           <C>              <C>         <C>         <C>      <C>            <C>          <C>           <C>
 2002          3,000           0           0           0         3,000         16,205        16,205        15,430
 2003          3,000           0           0           0         3,000         15,437        31,642        13,306
 2004          3,000           0           0           0         3,000         14,699        46,341        11,469
 2005          3,000           0           0           0         3,000         13,992        60,333         9,882
 2006          3,600           0           0           0         3,600         12,712        73,045         8,128
 2007          3,600           0           0           0         3,600         12,060        85,105         6,980
 2008          3,600           0           0           0         3,600         11,433        96,538         5,989
 2009          3,600           0           0           0         3,600         10,832       107,370         5,137
 2010          3,600           0           0           0         3,600         10,254       117,624         4,402
 2011          3,600           0           0           0         3,600          9,700       127,324         3,770
 2012          3,600           0           0           0         3,600          9,168       136,492         3,225
 2013          3,600           0           0           0         3,600          8,658       145,150         2,757
 2014          3,600           0           0           0         3,600          8,167       153,317         2,354
 2015          3,600           0           0           0         3,600          7,697       161,014         2,008
 2016          3,600           0           0           0         3,600          7,244       168,258         1,712

 SUBTOT       51,600           0           0           0        51,600        168,258                      96,549
 REMAIN       95,400           0           0           0        95,400         76,643       244,901         9,041
 TOTAL       147,000           0           0           0       147,000        244,901                     105,590

   LIFE OF EVALUATION IS 41.50 YEARS.
   FINAL PRODUCTION RATE: 0.3 MMCF/MO
</TABLE>

<PAGE>




                                 TENGASCO, INC.                        TABLE 246
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           OIL LEASE
   MILLER PETROLEUM - OPERATOR   11-T1S-R74E                                           PROVED
     PURKEY #2   (TRENTON)                                                             SHUT-IN


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>      <C>           <C>            <C>
 INITIAL -   0.500000                                                                       5.00% -             0
 FINAL   -   0.500000                                                                      10.00% -             0
 REMARKS - NO RESERVES ASSIGNED PENDING ADDITIONAL DATA.                                   15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE             0           0           0
 ULTIMATE               0           0           0
</TABLE>


<TABLE>
<CAPTION>
                     COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0
 2016              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0 BBLS/MO
</TABLE>

<PAGE>





                                 TENGASCO, INC.                        TABLE 247
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   MILLER PETROLEUM - OPERATOR   11-T1S-R74E                                           PROVED
     PURKEY #3   (KNOX)                                                                PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>      <C>           <C>            <C>
 INITIAL -   0.500000                      0.437500                             2.35        5.00% -        69,245
 FINAL   -   0.500000                      0.437500                             2.35       10.00% -        58,064
 REMARKS -                                                                                 15.00% -        49,716
                                                                                           20.00% -        43,319
                                                                                           25.00% -        38,303
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>       <C>               <C>         <C>        <C>          <C>      <C>
 2002     1             0           0          17               0           0           7.510       0.00     2.35
 2003     1             0           0          16               0           0           6.759       0.00     2.36
 2004     1             0           0          14               0           0           6.083       0.00     2.35
 2005     1             0           0          12               0           0           5.475       0.00     2.35
 2006     1             0           0          11               0           0           4.927       0.00     2.35
 2007     1             0           0          10               0           0           4.434       0.00     2.35
 2008     1             0           0          10               0           0           3.991       0.00     2.35
 2009     1             0           0           8               0           0           3.592       0.00     2.35
 2010     1             0           0           7               0           0           3.233       0.00     2.35
 2011     1             0           0           7               0           0           2.909       0.00     2.35
 2012     1             0           0           6               0           0           2.618       0.00     2.35
 2013     1             0           0           5               0           0           2.357       0.00     2.35
 2014     1             0           0           5               0           0           2.121       0.00     2.35
 2015     1             0           0           4               0           0           1.909       0.00     2.35
 2016     1             0           0           4               0           0           1.718       0.00     2.36

 SUB-TOTAL              0           0         136               0           0          59.636       0.00     2.35
 REMAINDER              0           0           2               0           0           0.534       0.00     2.35
 TOTAL                  0           0         138               0           0          60.170       0.00     2.35

 CUMULATIVE             0           0          15
 ULTIMATE               0           0         153
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>      <C>               <C>      <C>              <C>       <C>        <C>
 2002                0           0        17,685            0        17,685           0         531        17,154
 2003                0           0        15,917            0        15,917           0         477        15,440
 2004                0           0        14,325            0        14,325           0         430        13,895
 2005                0           0        12,893            0        12,893           0         387        12,506
 2006                0           0        11,603            0        11,603           0         348        11,255
 2007                0           0        10,443            0        10,443           0         313        10,130
 2008                0           0         9,399            0         9,399           0         282         9,117
 2009                0           0         8,459            0         8,459           0         254         8,205
 2010                0           0         7,613            0         7,613           0         228         7,385
 2011                0           0         6,852            0         6,852           0         206         6,646
 2012                0           0         6,166            0         6,166           0         185         5,981
 2013                0           0         5,550            0         5,550           0         166         5,384
 2014                0           0         4,995            0         4,995           0         150         4,845
 2015                0           0         4,495            0         4,495           0         135         4,360
 2016                0           0         4,046            0         4,046           0         121         3,925

 SUB-TOT             0           0       140,441            0       140,441           0       4,213       136,228
 REMAIN              0           0         1,257            0         1,257           0          38         1,219
 TOTAL               0           0       141,698            0       141,698           0       4,251       137,447
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>         <C>         <C>       <C>           <C>           <C>           <C>
 2002          3,000           0           0           0         3,000         14,154        14,154        13,486
 2003          3,000           0           0           0         3,000         12,440        26,594        10,730
 2004          3,000           0           0           0         3,000         10,895        37,489         8,507
 2005          3,000           0           0           0         3,000          9,506        46,995         6,719
 2006          3,600           0           0           0         3,600          7,655        54,650         4,898
 2007          3,600           0           0           0         3,600          6,530        61,180         3,783
 2008          3,600           0           0           0         3,600          5,517        66,697         2,893
 2009          3,600           0           0           0         3,600          4,605        71,302         2,186
 2010          3,600           0           0           0         3,600          3,785        75,087         1,627
 2011          3,600           0           0           0         3,600          3,046        78,133         1,186
 2012          3,600           0           0           0         3,600          2,381        80,514           839
 2013          3,600           0           0           0         3,600          1,784        82,298           569
 2014          3,600           0           0           0         3,600          1,245        83,543           360
 2015          3,600           0           0           0         3,600            760        84,303           199
 2016          3,600           0           0           0         3,600            325        84,628            78

 SUBTOT       51,600           0           0           0        51,600         84,628                      58,060
 REMAIN        1,200           0           0           0         1,200             19        84,647             4
 TOTAL        52,800           0           0           0        52,800         84,647                      58,064

   LIFE OF EVALUATION IS 15.33 YEARS.
   FINAL PRODUCTION RATE: 0.3 MMCF/MO
</TABLE>

<PAGE>


                                 TENGASCO, INC.                        TABLE 248
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   MILLER PETROLEUM - OPERATOR   11-T1S-R74E                                           PROVED
     PURKEY #3 BP1   (KNOX)                                                            BEHIND PIPE


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>      <C>           <C>            <C>
 INITIAL -   0.500000                      0.437500                             2.35        5.00% -        75,113
 FINAL   -   0.500000                      0.437500                             2.35       10.00% -        28,925
 REMARKS - CAPITAL INCLUDED TO PERFORATE REMAINDER OF KNOX.                                15.00% -        11,434
                                                                                           20.00% -         4,624
                                                                                           25.00% -         1,907
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>       <C>               <C>         <C>       <C>           <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0         255               0           0         111.554       0.00     2.36
 TOTAL                  0           0         255               0           0         111.554       0.00     2.36

 CUMULATIVE             0           0           0
 ULTIMATE               0           0         255
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>     <C>                <C>     <C>               <C>     <C>         <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0       262,709            0       262,709           0       7,881       254,828
 TOTAL               0           0       262,709            0       262,709           0       7,881       254,828
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>           <C>              <C>    <C>              <C>      <C>           <C>           <C>            <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0
 2016              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN       43,883           0      10,000           0        53,883        200,945       200,945        28,925
 TOTAL        43,883           0      10,000           0        53,883        200,945                      28,925

   LIFE OF EVALUATION IS 27.52 YEARS.
   FINAL PRODUCTION RATE: 1.0 MMCF/MO
</TABLE>

<PAGE>




                                 TENGASCO, INC.                        TABLE 249
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   MILLER PETROLEUM - OPERATOR   11-T1S-R74E                                           PROVED
     PURKEY #3 BP2   (TRENTON-MURFREESBORO)                                            BEHIND PIPE


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>      <C>           <C>            <C>
 INITIAL -   0.500000                      0.437500                             2.35        5.00% -        16,643
 FINAL   -   0.500000                      0.437500                             2.35       10.00% -         3,881
 REMARKS - CAPITAL INCLUDED TO RECOMPLETE TO THE TRENTON-MURFREESBORO.                     15.00% -           912
                                                                                           20.00% -           216
                                                                                           25.00% -            52
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>        <C>              <C>         <C>        <C>          <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0          95               0           0          41.563       0.00     2.36
 TOTAL                  0           0          95               0           0          41.563       0.00     2.36

 CUMULATIVE             0           0           0
 ULTIMATE               0           0          95
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>      <C>               <C>      <C>              <C>     <C>          <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0        97,880            0        97,880           0       2,936        94,944
 TOTAL               0           0        97,880            0        97,880           0       2,936        94,944
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>           <C>              <C>    <C>              <C>      <C>            <C>           <C>            <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0
 2016              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN       12,997           0      10,000           0        22,997         71,947        71,947         3,881
 TOTAL        12,997           0      10,000           0        22,997         71,947                       3,881

   LIFE OF EVALUATION IS 31.19 YEARS.
   FINAL PRODUCTION RATE: 1.5 MMCF/MO
</TABLE>

<PAGE>



                                 TENGASCO, INC.                        TABLE 250
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO - OPERATOR   11-T1S-R74E                                                   PROVED
     PURKEY #4   (KNOX)                                                                UNDEVELOPED


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>      <C>           <C>            <C>
 INITIAL -   0.500000                      0.437500                             2.35        5.00% -       154,562
 FINAL   -   0.500000                      0.437500                             2.35       10.00% -       112,254
 REMARKS - CAPITAL INCLUDED TO RECOMPLETE TO DRILL AND COMPLETE.                           15.00% -        85,051
           REPLACES LOCATION #37.                                                          20.00% -        66,396
                                                                                           25.00% -        52,941
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>       <C>               <C>         <C>       <C>           <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003     1             0           0          18               0           0           8.081       0.00     2.35
 2004     1             0           0          55               0           0          23.930       0.00     2.35
 2005     1             0           0          35               0           0          15.384       0.00     2.35
 2006     1             0           0          24               0           0          10.489       0.00     2.35
 2007     1             0           0          16               0           0           6.731       0.00     2.36
 2008     1             0           0          13               0           0           5.755       0.00     2.35
 2009     1             0           0          12               0           0           5.327       0.00     2.36
 2010     1             0           0          11               0           0           4.945       0.00     2.35
 2011     1             0           0          11               0           0           4.604       0.00     2.35
 2012     1             0           0          10               0           0           4.297       0.00     2.36
 2013     1             0           0           9               0           0           4.020       0.00     2.35
 2014     1             0           0           8               0           0           3.770       0.00     2.35
 2015     1             0           0           9               0           0           3.543       0.00     2.35
 2016     1             0           0           7               0           0           3.336       0.00     2.35

 SUB-TOTAL              0           0         238               0           0         104.212       0.00     2.36
 REMAINDER              0           0          43               0           0          18.725       0.00     2.36
 TOTAL                  0           0         281               0           0         122.937       0.00     2.36

 CUMULATIVE             0           0           0
 ULTIMATE               0           0         281
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>      <C>               <C>      <C>              <C>     <C>          <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0        19,032            0        19,032           0         571        18,461
 2004                0           0        56,354            0        56,354           0       1,691        54,663
 2005                0           0        36,230            0        36,230           0       1,086        35,144
 2006                0           0        24,701            0        24,701           0         742        23,959
 2007                0           0        15,852            0        15,852           0         475        15,377
 2008                0           0        13,554            0        13,554           0         407        13,147
 2009                0           0        12,544            0        12,544           0         376        12,168
 2010                0           0        11,646            0        11,646           0         349        11,297
 2011                0           0        10,842            0        10,842           0         326        10,516
 2012                0           0        10,119            0        10,119           0         303         9,816
 2013                0           0         9,469            0         9,469           0         284         9,185
 2014                0           0         8,878            0         8,878           0         267         8,611
 2015                0           0         8,343            0         8,343           0         250         8,093
 2016                0           0         7,856            0         7,856           0         236         7,620

 SUB-TOT             0           0       245,420            0       245,420           0       7,363       238,057
 REMAIN              0           0        44,098            0        44,098           0       1,323        42,775
 TOTAL               0           0       289,518            0       289,518           0       8,686       280,832
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>              <C>           <C>    <C>              <C>      <C>            <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003            211           0      35,125           0        35,336        -16,875       -16,875       -14,239
 2004            843           0           0           0           843         53,820        36,945        42,142
 2005            843           0           0           0           843         34,301        71,246        24,300
 2006          1,011           0           0           0         1,011         22,948        94,194        14,710
 2007          1,012           0           0           0         1,012         14,365       108,559         8,341
 2008          1,012           0           0           0         1,012         12,135       120,694         6,359
 2009          1,011           0           0           0         1,011         11,157       131,851         5,293
 2010          1,012           0           0           0         1,012         10,285       142,136         4,416
 2011          1,011           0           0           0         1,011          9,505       151,641         3,694
 2012          1,012           0           0           0         1,012          8,804       160,445         3,098
 2013          1,012           0           0           0         1,012          8,173       168,618         2,602
 2014          1,011           0           0           0         1,011          7,600       176,218         2,191
 2015          1,012           0           0           0         1,012          7,081       183,299         1,848
 2016          1,011           0           0           0         1,011          6,609       189,908         1,561

 SUBTOT       13,024           0      35,125           0        48,149        189,908                     106,316
 REMAIN        7,032           0           0           0         7,032         35,743       225,651         5,938
 TOTAL        20,056           0      35,125           0        55,181        225,651                     112,254

   LIFE OF EVALUATION IS 21.95 YEARS.
   FINAL PRODUCTION RATE: 0.4 MMCF/MO
</TABLE>

<PAGE>



                                 TENGASCO, INC.                        TABLE 251
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO - OPERATOR   11-T1S-R74E                                                   PROVED
     PURKEY #5   (KNOX)                                                                UNDEVELOPED


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>      <C>           <C>            <C>
 INITIAL -   0.500000                      0.437500                             2.35        5.00% -       463,715
 FINAL   -   0.500000                      0.437500                             2.35       10.00% -       365,966
 REMARKS - CAPITAL INCLUDED TO RECOMPLETE TO DRILL AND COMPLETE.                           15.00% -       300,073
           REPLACES LOCATION #10.                                                          20.00% -       252,969
                                                                                           25.00% -       217,590
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>       <C>               <C>         <C>        <C>          <C>      <C>
 2002     1             0           0         146               0           0          63.736       0.00     2.35
 2003     1             0           0         114               0           0          49.984       0.00     2.35
 2004     1             0           0          76               0           0          33.322       0.00     2.35
 2005     1             0           0          53               0           0          23.353       0.00     2.35
 2006     1             0           0          39               0           0          17.016       0.00     2.35
 2007     1             0           0          37               0           0          16.078       0.00     2.35
 2008     1             0           0          35               0           0          15.394       0.00     2.35
 2009     1             0           0          32               0           0          14.056       0.00     2.36
 2010     1             0           0          30               0           0          12.888       0.00     2.35
 2011     1             0           0          27               0           0          11.862       0.00     2.36
 2012     1             0           0          25               0           0          10.955       0.00     2.35
 2013     1             0           0          23               0           0          10.150       0.00     2.35
 2014     1             0           0          22               0           0           9.432       0.00     2.36
 2015     1             0           0          20               0           0           8.789       0.00     2.35
 2016     1             0           0          19               0           0           8.210       0.00     2.36

 SUB-TOTAL              0           0         698               0           0         305.225       0.00     2.35
 REMAINDER              0           0          68               0           0          29.767       0.00     2.35
 TOTAL                  0           0         766               0           0         334.992       0.00     2.35

 CUMULATIVE             0           0           0
 ULTIMATE               0           0         766
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>     <C>                <C>     <C>               <C>     <C>         <C>
 2002                0           0       150,099            0       150,099           0       4,503       145,596
 2003                0           0       117,713            0       117,713           0       3,531       114,182
 2004                0           0        78,474            0        78,474           0       2,355        76,119
 2005                0           0        54,996            0        54,996           0       1,649        53,347
 2006                0           0        40,073            0        40,073           0       1,203        38,870
 2007                0           0        37,864            0        37,864           0       1,136        36,728
 2008                0           0        36,252            0        36,252           0       1,087        35,165
 2009                0           0        33,102            0        33,102           0         993        32,109
 2010                0           0        30,351            0        30,351           0         911        29,440
 2011                0           0        27,934            0        27,934           0         838        27,096
 2012                0           0        25,800            0        25,800           0         774        25,026
 2013                0           0        23,903            0        23,903           0         717        23,186
 2014                0           0        22,213            0        22,213           0         666        21,547
 2015                0           0        20,698            0        20,698           0         621        20,077
 2016                0           0        19,336            0        19,336           0         580        18,756

 SUB-TOT             0           0       718,808            0       718,808           0      21,564       697,244
 REMAIN              0           0        70,102            0        70,102           0       2,103        67,999
 TOTAL               0           0       788,910            0       788,910           0      23,667       765,243
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>    <C>              <C>      <C>            <C>           <C>           <C>
 2002          1,914           0      95,713           0        97,627         47,969        47,969        42,257
 2003          2,297           0           0           0         2,297        111,885       159,854        96,751
 2004          2,297           0           0           0         2,297         73,822       233,676        57,760
 2005          2,298           0           0           0         2,298         51,049       284,725        36,144
 2006          2,756           0           0           0         2,756         36,114       320,839        23,141
 2007          2,757           0           0           0         2,757         33,971       354,810        19,628
 2008          2,756           0           0           0         2,756         32,409       387,219        16,985
 2009          2,757           0           0           0         2,757         29,352       416,571        13,925
 2010          2,756           0           0           0         2,756         26,684       443,255        11,459
 2011          2,757           0           0           0         2,757         24,339       467,594         9,461
 2012          2,756           0           0           0         2,756         22,270       489,864         7,836
 2013          2,757           0           0           0         2,757         20,429       510,293         6,507
 2014          2,756           0           0           0         2,756         18,791       529,084         5,417
 2015          2,757           0           0           0         2,757         17,320       546,404         4,520
 2016          2,756           0           0           0         2,756         16,000       562,404         3,780

 SUBTOT       39,127           0      95,713           0       134,840        562,404                     355,571
 REMAIN       11,782           0           0           0        11,782         56,217       618,621        10,395
 TOTAL        50,909           0      95,713           0       146,622        618,621                     365,966

   LIFE OF EVALUATION IS 19.27 YEARS.
   FINAL PRODUCTION RATE: 1.2 MMCF/MO
</TABLE>

<PAGE>




                                 TENGASCO, INC.                        TABLE 252
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   10-T1S-R74E                                              PROVED
     RAY DEAN HELTON #1   (KNOX)                                                       PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>      <C>           <C>            <C>
 INITIAL -   1.000000                                                                       5.00% -             0
 FINAL   -   1.000000                                                                      10.00% -             0
 REMARKS - NO REMAINING RECOVERABLE ECONOMIC RESERVES.                                     15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE             0           0           1
 ULTIMATE               0           0           1
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0
 2016              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0.0 MMCF/MO
</TABLE>

<PAGE>



                            TENGASCO, INC.                             TABLE 253
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   10-T1S-R74E                                              PROVED
     RAY DEAN HELTON #1 BP   (TRENTON-STONES RIVER)                                    BEHIND PIPE


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>      <C>           <C>            <C>
 INITIAL -   1.000000                      0.875000                             2.35        5.00% -       143,538
 FINAL   -   1.000000                      0.875000                             2.35       10.00% -       120,048
 REMARKS - RECOMPLETION COST IS SHOWN AS A DEVELOPMENT COST.                               15.00% -       100,922
                                                                                           20.00% -        85,187
                                                                                           25.00% -        72,118
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>         <C>             <C>         <C>       <C>           <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003     1             0           0          32               0           0          28.182       0.00     2.36
 2004     1             0           0          25               0           0          21.849       0.00     2.35
 2005     1             0           0          20               0           0          16.940       0.00     2.35
 2006     1             0           0          15               0           0          13.133       0.00     2.35
 2007     1             0           0          11               0           0          10.182       0.00     2.35
 2008     1             0           0           9               0           0           7.894       0.00     2.35
 2009     1             0           0           7               0           0           6.120       0.00     2.36
 2010     1             0           0           6               0           0           4.745       0.00     2.36
 2011     1             0           0           4               0           0           3.679       0.00     2.35
 2012     1             0           0           0               0           0           0.151       0.00     2.35
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0         129               0           0         112.875       0.00     2.36
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0         129               0           0         112.875       0.00     2.36

 CUMULATIVE             0           0           0
 ULTIMATE               0           0         129
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>      <C>               <C>      <C>              <C>     <C>          <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0        66,368            0        66,368           0       1,991        64,377
 2004                0           0        51,455            0        51,455           0       1,544        49,911
 2005                0           0        39,892            0        39,892           0       1,196        38,696
 2006                0           0        30,929            0        30,929           0         928        30,001
 2007                0           0        23,979            0        23,979           0         720        23,259
 2008                0           0        18,590            0        18,590           0         557        18,033
 2009                0           0        14,414            0        14,414           0         433        13,981
 2010                0           0        11,174            0        11,174           0         335        10,839
 2011                0           0         8,664            0         8,664           0         260         8,404
 2012                0           0           356            0           356           0          11           345
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0       265,821            0       265,821           0       7,975       257,846
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0       265,821            0       265,821           0       7,975       257,846
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>    <C>              <C>      <C>            <C>           <C>           <C>
 2002              0           0      20,000           0        20,000        -20,000       -20,000       -19,917
 2003          7,200           0           0           0         7,200         57,177        37,177        49,380
 2004          7,200           0           0           0         7,200         42,711        79,888        33,393
 2005          7,200           0           0           0         7,200         31,496       111,384        22,293
 2006          7,200           0           0           0         7,200         22,801       134,185        14,612
 2007          7,200           0           0           0         7,200         16,059       150,244         9,318
 2008          7,200           0           0           0         7,200         10,833       161,077         5,693
 2009          7,200           0           0           0         7,200          6,781       167,858         3,228
 2010          7,200           0           0           0         7,200          3,639       171,497         1,572
 2011          7,200           0           0           0         7,200          1,204       172,701           474
 2012            339           0           0           0           339              6       172,707             2
 2013              0           0           0           0             0              0       172,707             0
 2014              0           0           0           0             0              0       172,707             0
 2015              0           0           0           0             0              0       172,707             0
 2016              0           0           0           0             0              0       172,707             0

 SUBTOT       65,139           0      20,000           0        85,139        172,707                     120,048
 REMAIN            0           0           0           0             0              0       172,707             0
 TOTAL        65,139           0      20,000           0        85,139        172,707                     120,048

   LIFE OF EVALUATION IS 10.05 YEARS.
   FINAL PRODUCTION RATE: 0.3 MMCF/MO
</TABLE>

<PAGE>


                                 TENGASCO, INC.                       TABLE 254
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           OIL LEASE
   MILLER PETROLEUM - OPERATOR                                                         PROVED
     RAY DEAN HELTON #2   (STONES RIVER)                                               SHUT-IN


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>      <C>           <C>            <C>
 INITIAL -   0.500000  0.437500                         16.25                               5.00% -        93,405
 FINAL   -   0.500000  0.437500                         16.25                              10.00% -        88,104
 REMARKS -                                                                                 15.00% -        83,190
                                                                                           20.00% -        78,628
                                                                                           25.00% -        74,387
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>       <C>             <C>         <C>         <C>             <C>         <C>        <C>       <C>
 2002     1         7,003           0           0           3,064           0           0.000      16.25     0.00
 2003     1         6,338           0           0           2,773           0           0.000      16.25     0.00
 2004     1         2,094           0           0             916           0           0.000      16.25     0.00
 2005     1            45           0           0              20           0           0.000      16.25     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL         15,480           0           0           6,773           0           0.000      16.25     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL             15,480           0           0           6,773           0           0.000      16.25     0.00

 CUMULATIVE             0           0           0
 ULTIMATE          15,480           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>             <C>              <C>           <C>          <C>      <C>          <C>             <C>      <C>
 2002           49,786           0             0            0        49,786       1,494           0        48,292
 2003           45,062           0             0            0        45,062       1,351           0        43,711
 2004           14,886           0             0            0        14,886         447           0        14,439
 2005              319           0             0            0           319          10           0           309
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT       110,053           0             0            0       110,053       3,302           0       106,751
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL         110,053           0             0            0       110,053       3,302           0       106,751
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>         <C>         <C>       <C>           <C>           <C>           <C>
 2002          1,500           0           0           0         1,500         46,792        46,792        43,528
 2003          3,000           0           0           0         3,000         40,711        87,503        35,414
 2004          3,000           0           0           0         3,000         11,439        98,942         9,023
 2005            120           0           0           0           120            189        99,131           139
 2006              0           0           0           0             0              0        99,131             0
 2007              0           0           0           0             0              0        99,131             0
 2008              0           0           0           0             0              0        99,131             0
 2009              0           0           0           0             0              0        99,131             0
 2010              0           0           0           0             0              0        99,131             0
 2011              0           0           0           0             0              0        99,131             0
 2012              0           0           0           0             0              0        99,131             0
 2013              0           0           0           0             0              0        99,131             0
 2014              0           0           0           0             0              0        99,131             0
 2015              0           0           0           0             0              0        99,131             0
 2016              0           0           0           0             0              0        99,131             0

 SUBTOT        7,620           0           0           0         7,620         99,131                      88,104
 REMAIN            0           0           0           0             0              0        99,131             0
 TOTAL         7,620           0           0           0         7,620         99,131                      88,104

   LIFE OF EVALUATION IS 3.04 YEARS.
   FINAL PRODUCTION RATE: 93 BBLS/MO
</TABLE>

<PAGE>



                                 TENGASCO, INC.                        TABLE 255
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   MILLER PETROLEUM - OPERATOR                                                         PROVED
     RAY DEAN HELTON #2 BP1   (KNOX)                                                   BEHIND PIPE


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>      <C>           <C>            <C>
 INITIAL -   0.500000                      0.437500                             2.35        5.00% -       107,688
 FINAL   -   0.500000                      0.437500                             2.35       10.00% -        82,824
 REMARKS - CAPITAL INCLUDED TO PERFORATE REMAINDER OF KNOX PAY.                            15.00% -        64,135
                                                                                           20.00% -        49,984
                                                                                           25.00% -        39,194
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>        <C>              <C>         <C>        <C>          <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0          40               0           0          17.640       0.00     2.36
 2006     1             0           0          35               0           0          15.355       0.00     2.35
 2007     1             0           0          30               0           0          12.886       0.00     2.35
 2008     1             0           0          25               0           0          10.977       0.00     2.35
 2009     1             0           0          22               0           0           9.467       0.00     2.35
 2010     1             0           0          14               0           0           6.281       0.00     2.36
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0         166               0           0          72.606       0.00     2.36
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0         166               0           0          72.606       0.00     2.36

 CUMULATIVE             0           0           0
 ULTIMATE               0           0         166
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>      <C>               <C>      <C>              <C>     <C>          <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0        41,543            0        41,543           0       1,246        40,297
 2006                0           0        36,160            0        36,160           0       1,085        35,075
 2007                0           0        30,348            0        30,348           0         911        29,437
 2008                0           0        25,849            0        25,849           0         775        25,074
 2009                0           0        22,296            0        22,296           0         669        21,627
 2010                0           0        14,792            0        14,792           0         444        14,348
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0       170,988            0       170,988           0       5,130       165,858
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0       170,988            0       170,988           0       5,130       165,858
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>         <C>         <C>       <C>           <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005          2,750           0       5,000           0         7,750         32,547        32,547        22,820
 2006          3,600           0           0           0         3,600         31,475        64,022        20,149
 2007          3,600           0           0           0         3,600         25,837        89,859        14,970
 2008          3,600           0           0           0         3,600         21,474       111,333        11,262
 2009          3,600           0           0           0         3,600         18,027       129,360         8,558
 2010          2,696           0           0           0         2,696         11,652       141,012         5,065
 2011              0           0           0           0             0              0       141,012             0
 2012              0           0           0           0             0              0       141,012             0
 2013              0           0           0           0             0              0       141,012             0
 2014              0           0           0           0             0              0       141,012             0
 2015              0           0           0           0             0              0       141,012             0
 2016              0           0           0           0             0              0       141,012             0

 SUBTOT       19,846           0       5,000           0        24,846        141,012                      82,824
 REMAIN            0           0           0           0             0              0       141,012             0
 TOTAL        19,846           0       5,000           0        24,846        141,012                      82,824

   LIFE OF EVALUATION IS 8.75 YEARS.
   FINAL PRODUCTION RATE: 1.5 MMCF/MO
</TABLE>

<PAGE>

                                 TENGASCO, INC.                        TABLE 256
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   MILLER PETROLEUM - OPERATOR                                                         PROVED
     RAY DEAN HELTON #2 BP2   (TRENTON)                                                BEHIND PIPE


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>      <C>           <C>            <C>
 INITIAL -   0.500000                      0.437500                             2.35        5.00% -        11,984
 FINAL   -   0.500000                      0.437500                             2.35       10.00% -         7,445
 REMARKS - CAPITAL INCLUDED TO RECOMPLETE TO THE TRENTON.                                  15.00% -         4,634
                                                                                           20.00% -         2,890
                                                                                           25.00% -         1,805
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>        <C>              <C>         <C>        <C>          <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           9               0           0           3.734       0.00     2.35
 2011     1             0           0          24               0           0          10.802       0.00     2.35
 2012     1             0           0           1               0           0           0.339       0.00     2.35
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0          34               0           0          14.875       0.00     2.35
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0          34               0           0          14.875       0.00     2.35

 CUMULATIVE             0           0           0
 ULTIMATE               0           0          34
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>      <C>               <C>      <C>              <C>       <C>        <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0         8,794            0         8,794           0         264         8,530
 2011                0           0        25,437            0        25,437           0         763        24,674
 2012                0           0           800            0           800           0          24           776
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0        35,031            0        35,031           0       1,051        33,980
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0        35,031            0        35,031           0       1,051        33,980
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>              <C>           <C>    <C>              <C>      <C>             <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010            900           0      10,000           0        10,900         -2,370        -2,370        -1,013
 2011          3,600           0           0           0         3,600         21,074        18,704         8,228
 2012            151           0           0           0           151            625        19,329           230
 2013              0           0           0           0             0              0        19,329             0
 2014              0           0           0           0             0              0        19,329             0
 2015              0           0           0           0             0              0        19,329             0
 2016              0           0           0           0             0              0        19,329             0

 SUBTOT        4,651           0      10,000           0        14,651         19,329                       7,445
 REMAIN            0           0           0           0             0              0        19,329             0
 TOTAL         4,651           0      10,000           0        14,651         19,329                       7,445

   LIFE OF EVALUATION IS 10.04 YEARS.
   FINAL PRODUCTION RATE: 1.5 MMCF/MO
</TABLE>

<PAGE>



                                 TENGASCO, INC.                       TABLE 257
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           OIL LEASE
   TENGASCO INC. - OPERATOR   6-T1S-R75E                                               PROVED
     RAY DEAN HELTON NO. 3   (STONES RIVER)                                            PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>      <C>           <C>            <C>
 INITIAL -   0.500000  0.437500                         16.25                               5.00% -        98,540
 FINAL   -   0.500000  0.437500                         16.25                              10.00% -        84,496
 REMARKS -                                                                                 15.00% -        73,622
                                                                                           20.00% -        65,037
                                                                                           25.00% -        58,137
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>       <C>             <C>         <C>         <C>             <C>         <C>        <C>       <C>
 2002     1         4,045           0           0           1,769           0           0.000      16.25     0.00
 2003     1         3,518           0           0           1,540           0           0.000      16.25     0.00
 2004     1         3,062           0           0           1,339           0           0.000      16.25     0.00
 2005     1         2,663           0           0           1,166           0           0.000      16.25     0.00
 2006     1         2,317           0           0           1,013           0           0.000      16.25     0.00
 2007     1         2,016           0           0             882           0           0.000      16.25     0.00
 2008     1         1,754           0           0             767           0           0.000      16.25     0.00
 2009     1         1,526           0           0             668           0           0.000      16.25     0.00
 2010     1         1,327           0           0             581           0           0.000      16.25     0.00
 2011     1         1,155           0           0             505           0           0.000      16.25     0.00
 2012     1         1,005           0           0             440           0           0.000      16.25     0.00
 2013     1           874           0           0             382           0           0.000      16.25     0.00
 2014     1           760           0           0             333           0           0.000      16.25     0.00
 2015     1           117           0           0              51           0           0.000      16.25     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL         26,139           0           0          11,436           0           0.000      16.25     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL             26,139           0           0          11,436           0           0.000      16.25     0.00

 CUMULATIVE           273           0           0
 ULTIMATE          26,412           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>             <C>              <C>           <C>          <C>      <C>            <C>           <C>      <C>
 2002           28,754           0             0            0        28,754         863           0        27,891
 2003           25,017           0             0            0        25,017         750           0        24,267
 2004           21,764           0             0            0        21,764         653           0        21,111
 2005           18,934           0             0            0        18,934         568           0        18,366
 2006           16,474           0             0            0        16,474         494           0        15,980
 2007           14,331           0             0            0        14,331         430           0        13,901
 2008           12,469           0             0            0        12,469         374           0        12,095
 2009           10,848           0             0            0        10,848         326           0        10,522
 2010            9,437           0             0            0         9,437         283           0         9,154
 2011            8,211           0             0            0         8,211         246           0         7,965
 2012            7,143           0             0            0         7,143         214           0         6,929
 2013            6,215           0             0            0         6,215         187           0         6,028
 2014            5,406           0             0            0         5,406         162           0         5,244
 2015              831           0             0            0           831          25           0           806
 2016                0           0             0            0             0           0           0             0

 SUB-TOT       185,834           0             0            0       185,834       5,575           0       180,259
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL         185,834           0             0            0       185,834       5,575           0       180,259
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>         <C>         <C>       <C>           <C>           <C>           <C>
 2002          4,800           0           0           0         4,800         23,091        23,091        22,009
 2003          4,800           0           0           0         4,800         19,467        42,558        16,797
 2004          4,800           0           0           0         4,800         16,311        58,869        12,740
 2005          4,800           0           0           0         4,800         13,566        72,435         9,592
 2006          4,800           0           0           0         4,800         11,180        83,615         7,157
 2007          4,800           0           0           0         4,800          9,101        92,716         5,274
 2008          4,800           0           0           0         4,800          7,295       100,011         3,828
 2009          4,800           0           0           0         4,800          5,722       105,733         2,718
 2010          4,800           0           0           0         4,800          4,354       110,087         1,873
 2011          4,800           0           0           0         4,800          3,165       113,252         1,232
 2012          4,800           0           0           0         4,800          2,129       115,381           752
 2013          4,800           0           0           0         4,800          1,228       116,609           393
 2014          4,800           0           0           0         4,800            444       117,053           129
 2015            800           0           0           0           800              6       117,059             2
 2016              0           0           0           0             0              0       117,059             0

 SUBTOT       63,200           0           0           0        63,200        117,059                      84,496
 REMAIN            0           0           0           0             0              0       117,059             0
 TOTAL        63,200           0           0           0        63,200        117,059                      84,496

   LIFE OF EVALUATION IS 13.17 YEARS.
   FINAL PRODUCTION RATE: 58 BBLS/MO
</TABLE>

<PAGE>





                                 TENGASCO, INC.                        TABLE 258
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           OIL LEASE
   MILLER PETROLEUM - OPERATOR                                                         PROVED
     ROSE #1   (TRENTON)                                                               SHUT-IN


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>      <C>           <C>            <C>
 INITIAL -   0.500000                                                                       5.00% -             0
 FINAL   -   0.500000                                                                      10.00% -             0
 REMARKS - NO RESERVES ASSIGNED PENDING ADDITIONAL DATA.                                   15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE             0           0           0
 ULTIMATE               0           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0
 2016              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0 BBLS/MO
</TABLE>

<PAGE>


                                 TENGASCO, INC.                       TABLE 259
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           OIL LEASE
   TENGASCO INC. - OPERATOR   6-T1S-R75E                                               PROVED
     STEPHEN LAWSON #1   (TRENTON)                                                     PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>      <C>           <C>            <C>
 INITIAL -   0.500000  0.437500                         16.25                               5.00% -         4,451
 FINAL   -   0.500000  0.437500                         16.25                              10.00% -         4,223
 REMARKS -                                                                                 15.00% -         4,014
                                                                                           20.00% -         3,822
                                                                                           25.00% -         3,645
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>       <C>             <C>         <C>           <C>           <C>         <C>        <C>       <C>
 2002     1         1,051           0           0             460           0           0.000      16.25     0.00
 2003     1           913           0           0             399           0           0.000      16.25     0.00
 2004     1           796           0           0             348           0           0.000      16.25     0.00
 2005     1           300           0           0             132           0           0.000      16.25     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL          3,060           0           0           1,339           0           0.000      16.25     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL              3,060           0           0           1,339           0           0.000      16.25     0.00

 CUMULATIVE         4,543           0           0
 ULTIMATE           7,603           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>              <C>             <C>           <C>          <C>       <C>           <C>           <C>       <C>
 2002            7,469           0             0            0         7,469         224           0         7,245
 2003            6,497           0             0            0         6,497         195           0         6,302
 2004            5,653           0             0            0         5,653         170           0         5,483
 2005            2,133           0             0            0         2,133          64           0         2,069
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT        21,752           0             0            0        21,752         653           0        21,099
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL          21,752           0             0            0        21,752         653           0        21,099
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>         <C>         <C>       <C>            <C>           <C>           <C>
 2002          4,800           0           0           0         4,800          2,445         2,445         2,335
 2003          4,800           0           0           0         4,800          1,502         3,947         1,300
 2004          4,800           0           0           0         4,800            683         4,630           538
 2005          2,000           0           0           0         2,000             69         4,699            50
 2006              0           0           0           0             0              0         4,699             0
 2007              0           0           0           0             0              0         4,699             0
 2008              0           0           0           0             0              0         4,699             0
 2009              0           0           0           0             0              0         4,699             0
 2010              0           0           0           0             0              0         4,699             0
 2011              0           0           0           0             0              0         4,699             0
 2012              0           0           0           0             0              0         4,699             0
 2013              0           0           0           0             0              0         4,699             0
 2014              0           0           0           0             0              0         4,699             0
 2015              0           0           0           0             0              0         4,699             0
 2016              0           0           0           0             0              0         4,699             0

 SUBTOT       16,400           0           0           0        16,400          4,699                       4,223
 REMAIN            0           0           0           0             0              0         4,699             0
 TOTAL        16,400           0           0           0        16,400          4,699                       4,223

   LIFE OF EVALUATION IS 3.42 YEARS.
   FINAL PRODUCTION RATE: 59 BBLS/MO
</TABLE>

<PAGE>




                                 TENGASCO, INC.                        TABLE 260
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   6-T1S-R75E                                               PROVED
     STEPHEN LAWSON #2   (KNOX)                                                        PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>      <C>           <C>            <C>
 INITIAL -   1.000000                      0.656250                             2.35        5.00% -        79,965
 FINAL   -   1.000000                      0.656250                             2.35       10.00% -        73,857
 REMARKS -                                                                                 15.00% -        68,467
                                                                                           20.00% -        63,693
                                                                                           25.00% -        59,453
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>        <C>              <C>         <C>        <C>          <C>      <C>
 2002     1             0           0          25               0           0          16.378       0.00     2.35
 2003     1             0           0          19               0           0          12.298       0.00     2.35
 2004     1             0           0          15               0           0          10.083       0.00     2.35
 2005     1             0           0          13               0           0           8.657       0.00     2.36
 2006     1             0           0           3               0           0           1.876       0.00     2.35
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0          75               0           0          49.292       0.00     2.35
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0          75               0           0          49.292       0.00     2.35

 CUMULATIVE             0           0          35
 ULTIMATE               0           0         110
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>      <C>               <C>      <C>              <C>     <C>          <C>
 2002                0           0        38,571            0        38,571           0       1,157        37,414
 2003                0           0        28,961            0        28,961           0         869        28,092
 2004                0           0        23,745            0        23,745           0         712        23,033
 2005                0           0        20,387            0        20,387           0         612        19,775
 2006                0           0         4,418            0         4,418           0         132         4,286
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0       116,082            0       116,082           0       3,482       112,600
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0       116,082            0       116,082           0       3,482       112,600
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>         <C>         <C>       <C>           <C>           <C>           <C>
 2002          6,000           0           0           0         6,000         31,414        31,414        30,004
 2003          6,000           0           0           0         6,000         22,092        53,506        19,080
 2004          6,000           0           0           0         6,000         17,033        70,539        13,310
 2005          6,000           0           0           0         6,000         13,775        84,314         9,741
 2006          1,691           0           0           0         1,691          2,595        86,909         1,722
 2007              0           0           0           0             0              0        86,909             0
 2008              0           0           0           0             0              0        86,909             0
 2009              0           0           0           0             0              0        86,909             0
 2010              0           0           0           0             0              0        86,909             0
 2011              0           0           0           0             0              0        86,909             0
 2012              0           0           0           0             0              0        86,909             0
 2013              0           0           0           0             0              0        86,909             0
 2014              0           0           0           0             0              0        86,909             0
 2015              0           0           0           0             0              0        86,909             0
 2016              0           0           0           0             0              0        86,909             0

 SUBTOT       25,691           0           0           0        25,691         86,909                      73,857
 REMAIN            0           0           0           0             0              0        86,909             0
 TOTAL        25,691           0           0           0        25,691         86,909                      73,857

   LIFE OF EVALUATION IS 4.23 YEARS.
   FINAL PRODUCTION RATE: 1.0 MMCF/MO
</TABLE>

<PAGE>




                                 TENGASCO, INC.                        TABLE 261
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   6-T1S-R75E                                               PROVED
     STEPHEN LAWSON #3   (KNOX)                                                        PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>      <C>           <C>            <C>
 INITIAL -   1.000000                      0.765624                             2.35        5.00% -       635,275
 FINAL   -   1.000000                      0.765624                             2.35       10.00% -       466,045
 REMARKS -                                                                                 15.00% -       365,543
                                                                                           20.00% -       300,509
                                                                                           25.00% -       255,400
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>        <C>              <C>         <C>        <C>          <C>      <C>
 2002     1             0           0          51               0           0          38.991       0.00     2.36
 2003     1             0           0          46               0           0          35.063       0.00     2.35
 2004     1             0           0          42               0           0          31.996       0.00     2.35
 2005     1             0           0          38               0           0          29.522       0.00     2.35
 2006     1             0           0          36               0           0          27.478       0.00     2.36
 2007     1             0           0          34               0           0          25.754       0.00     2.35
 2008     1             0           0          31               0           0          24.278       0.00     2.35
 2009     1             0           0          30               0           0          22.997       0.00     2.35
 2010     1             0           0          29               0           0          21.844       0.00     2.35
 2011     1             0           0          27               0           0          20.752       0.00     2.35
 2012     1             0           0          26               0           0          19.715       0.00     2.35
 2013     1             0           0          24               0           0          18.729       0.00     2.36
 2014     1             0           0          23               0           0          17.792       0.00     2.35
 2015     1             0           0          23               0           0          16.903       0.00     2.35
 2016     1             0           0          20               0           0          16.058       0.00     2.35

 SUB-TOTAL              0           0         480               0           0         367.872       0.00     2.35
 REMAINDER              0           0         165               0           0         125.931       0.00     2.35
 TOTAL                  0           0         645               0           0         493.803       0.00     2.35

 CUMULATIVE             0           0          49
 ULTIMATE               0           0         694
</TABLE>


<TABLE>
<CAPTION>
                     COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>      <C>               <C>      <C>              <C>     <C>          <C>
 2002                0           0        91,824            0        91,824           0       2,755        89,069
 2003                0           0        82,573            0        82,573           0       2,477        80,096
 2004                0           0        75,350            0        75,350           0       2,260        73,090
 2005                0           0        69,525            0        69,525           0       2,086        67,439
 2006                0           0        64,711            0        64,711           0       1,941        62,770
 2007                0           0        60,651            0        60,651           0       1,820        58,831
 2008                0           0        57,175            0        57,175           0       1,715        55,460
 2009                0           0        54,158            0        54,158           0       1,625        52,533
 2010                0           0        51,443            0        51,443           0       1,543        49,900
 2011                0           0        48,872            0        48,872           0       1,466        47,406
 2012                0           0        46,428            0        46,428           0       1,393        45,035
 2013                0           0        44,106            0        44,106           0       1,323        42,783
 2014                0           0        41,901            0        41,901           0       1,258        40,643
 2015                0           0        39,806            0        39,806           0       1,194        38,612
 2016                0           0        37,816            0        37,816           0       1,134        36,682

 SUB-TOT             0           0       866,339            0       866,339           0      25,990       840,349
 REMAIN              0           0       296,566            0       296,566           0       8,897       287,669
 TOTAL               0           0     1,162,905            0     1,162,905           0      34,887     1,128,018
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>         <C>         <C>       <C>           <C>           <C>           <C>
 2002          6,000           0           0           0         6,000         83,069        83,069        79,147
 2003          6,000           0           0           0         6,000         74,096       157,165        63,896
 2004          6,000           0           0           0         6,000         67,090       224,255        52,366
 2005          6,000           0           0           0         6,000         61,439       285,694        43,406
 2006          7,200           0           0           0         7,200         55,570       341,264        35,536
 2007          7,200           0           0           0         7,200         51,631       392,895        29,886
 2008          7,200           0           0           0         7,200         48,260       441,155        25,286
 2009          7,200           0           0           0         7,200         45,333       486,488        21,500
 2010          7,200           0           0           0         7,200         42,700       529,188        18,331
 2011          7,200           0           0           0         7,200         40,206       569,394        15,625
 2012          7,200           0           0           0         7,200         37,835       607,229        13,310
 2013          7,200           0           0           0         7,200         35,583       642,812        11,331
 2014          7,200           0           0           0         7,200         33,443       676,255         9,640
 2015          7,200           0           0           0         7,200         31,412       707,667         8,197
 2016          7,200           0           0           0         7,200         29,482       737,149         6,963

 SUBTOT      103,200           0           0           0       103,200        737,149                     434,420
 REMAIN       74,721           0           0           0        74,721        212,948       950,097        31,625
 TOTAL       177,921           0           0           0       177,921        950,097                     466,045

   LIFE OF EVALUATION IS 25.38 YEARS.
   FINAL PRODUCTION RATE: 1.0 MMCF/MO
</TABLE>

<PAGE>



                                 TENGASCO, INC.                        TABLE 262
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
              SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE OIL LEASE
   TENGASCO INC. - OPERATOR   6-T1S-R75E                                               PROVED
     STEPHEN LAWSON #3 BP   (TRNT-SR-MFB)                                              BEHIND PIPE


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>      <C>           <C>            <C>
 INITIAL -   1.000000  0.765624            0.765624     16.25                   2.35        5.00% -       111,486
 FINAL   -   1.000000  0.765624            0.765624     16.25                   2.35       10.00% -        29,926
 REMARKS - RECOMPLETION COST IS SHOWN AS A DEVELOPMENT COST.                               15.00% -         8,089
                                                                                           20.00% -         2,202
                                                                                           25.00% -           603
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER         38,700           0          26          29,630           0          19.906      16.25     2.36
 TOTAL             38,700           0          26          29,630           0          19.906      16.25     2.36

 CUMULATIVE             0           0           0
 ULTIMATE          38,700           0          26
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN        481,482           0        46,879            0       528,361      14,444       1,406       512,511
 TOTAL         481,482           0        46,879            0       528,361      14,444       1,406       512,511
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                               DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0
 2016              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN       44,195           0      50,000           0        94,195        418,316       418,316        29,926
 TOTAL        44,195           0      50,000           0        94,195        418,316                      29,926

   LIFE OF EVALUATION IS 30.02 YEARS.
   FINAL PRODUCTION RATE: 61 BBLS/MO
</TABLE>

<PAGE>



                                 TENGASCO, INC.                        TABLE 263
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   7-T1S-R75E                                               PROVED
     STEPHEN LAWSON #4   (KNOX)                                                        PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>      <C>           <C>            <C>
 INITIAL -   1.000000                                                                       5.00% -             0
 FINAL   -   1.000000                                                                      10.00% -             0
 REMARKS - NO REMAINING RECOVERABLE ECONOMIC RESERVES.                                     15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE             0           0           8
 ULTIMATE               0           0           8
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0
 2016              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0.0 MMCF/MO
</TABLE>

<PAGE>




                                 TENGASCO, INC.                        TABLE 264
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           OIL LEASE
   TENGASCO INC. - OPERATOR   7-T1S-R75E                                               PROVED
     STEPHEN LAWSON #4 BP   (STONES RIVER)                                             BEHIND PIPE


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>      <C>           <C>            <C>
 INITIAL -   1.000000  0.656250            0.656250     16.25                   2.35        5.00% -        78,193
 FINAL   -   1.000000  0.656250            0.656250     16.25                   2.35       10.00% -        71,697
 REMARKS - RECOMPLETION COST IS SHOWN AS A DEVELOPMENT COST.                               15.00% -        65,813
                                                                                           20.00% -        60,477
                                                                                           25.00% -        55,631
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>       <C>             <C>         <C>         <C>             <C>         <C>        <C>       <C>
 2002     1         2,475           0           2           1,624           0           1.091      16.25     2.35
 2003     1         6,101           0           4           4,004           0           2.690      16.25     2.35
 2004     1         2,699           0           2           1,771           0           1.190      16.25     2.35
 2005     1         1,127           0           0             740           0           0.497      16.25     2.36
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL         12,402           0           8           8,139           0           5.468      16.25     2.35
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL             12,402           0           8           8,139           0           5.468      16.25     2.35

 CUMULATIVE             0           0           0
 ULTIMATE          12,402           0           8
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>             <C>              <C>       <C>              <C>      <C>            <C>          <C>       <C>
 2002           26,394           0         2,570            0        28,964         792          77        28,095
 2003           65,065           0         6,335            0        71,400       1,952         190        69,258
 2004           28,777           0         2,802            0        31,579         863          84        30,632
 2005           12,017           0         1,170            0        13,187         361          35        12,791
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT       132,253           0        12,877            0       145,130       3,968         386       140,776
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL         132,253           0        12,877            0       145,130       3,968         386       140,776
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>    <C>              <C>      <C>           <C>           <C>           <C>
 2002          2,400           0      25,000           0        27,400            695           695           456
 2003          9,600           0           0           0         9,600         59,658        60,353        51,799
 2004          9,600           0           0           0         9,600         21,032        81,385        16,562
 2005          8,800           0           0           0         8,800          3,991        85,376         2,880
 2006              0           0           0           0             0              0        85,376             0
 2007              0           0           0           0             0              0        85,376             0
 2008              0           0           0           0             0              0        85,376             0
 2009              0           0           0           0             0              0        85,376             0
 2010              0           0           0           0             0              0        85,376             0
 2011              0           0           0           0             0              0        85,376             0
 2012              0           0           0           0             0              0        85,376             0
 2013              0           0           0           0             0              0        85,376             0
 2014              0           0           0           0             0              0        85,376             0
 2015              0           0           0           0             0              0        85,376             0
 2016              0           0           0           0             0              0        85,376             0

 SUBTOT       30,400           0      25,000           0        55,400         85,376                      71,697
 REMAIN            0           0           0           0             0              0        85,376             0
 TOTAL        30,400           0      25,000           0        55,400         85,376                      71,697

   LIFE OF EVALUATION IS 3.92 YEARS.
   FINAL PRODUCTION RATE: 71 BBLS/MO
</TABLE>

<PAGE>



                                 TENGASCO, INC.                        TABLE 265
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   6-T1S-R75E                                               PROVED
     STEPHEN LAWSON #5   (KNOX)                                                        PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>      <C>           <C>            <C>
 INITIAL -   1.000000                      0.656250                             2.35        5.00% -       587,630
 FINAL   -   1.000000                      0.656250                             2.35       10.00% -       442,043
 REMARKS -                                                                                 15.00% -       354,088
                                                                                           20.00% -       296,179
                                                                                           25.00% -       255,346
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>        <C>              <C>         <C>        <C>          <C>      <C>
 2002     1             0           0          66               0           0          43.232       0.00     2.35
 2003     1             0           0          55               0           0          36.167       0.00     2.35
 2004     1             0           0          48               0           0          31.430       0.00     2.35
 2005     1             0           0          43               0           0          27.993       0.00     2.35
 2006     1             0           0          38               0           0          25.365       0.00     2.35
 2007     1             0           0          36               0           0          23.279       0.00     2.35
 2008     1             0           0          33               0           0          21.575       0.00     2.35
 2009     1             0           0          30               0           0          20.152       0.00     2.35
 2010     1             0           0          29               0           0          18.943       0.00     2.35
 2011     1             0           0          27               0           0          17.900       0.00     2.35
 2012     1             0           0          26               0           0          16.986       0.00     2.35
 2013     1             0           0          25               0           0          16.137       0.00     2.35
 2014     1             0           0          23               0           0          15.330       0.00     2.35
 2015     1             0           0          22               0           0          14.564       0.00     2.35
 2016     1             0           0          21               0           0          13.836       0.00     2.35

 SUB-TOTAL              0           0         522               0           0         342.889       0.00     2.35
 REMAINDER              0           0         167               0           0         109.314       0.00     2.35
 TOTAL                  0           0         689               0           0         452.203       0.00     2.35

 CUMULATIVE             0           0          34
 ULTIMATE               0           0         723
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>     <C>                <C>     <C>               <C>     <C>          <C>
 2002                0           0       101,812            0       101,812           0       3,054        98,758
 2003                0           0        85,173            0        85,173           0       2,556        82,617
 2004                0           0        74,016            0        74,016           0       2,220        71,796
 2005                0           0        65,923            0        65,923           0       1,978        63,945
 2006                0           0        59,734            0        59,734           0       1,792        57,942
 2007                0           0        54,821            0        54,821           0       1,644        53,177
 2008                0           0        50,809            0        50,809           0       1,525        49,284
 2009                0           0        47,457            0        47,457           0       1,423        46,034
 2010                0           0        44,611            0        44,611           0       1,339        43,272
 2011                0           0        42,155            0        42,155           0       1,264        40,891
 2012                0           0        40,002            0        40,002           0       1,200        38,802
 2013                0           0        38,003            0        38,003           0       1,140        36,863
 2014                0           0        36,103            0        36,103           0       1,084        35,019
 2015                0           0        34,297            0        34,297           0       1,028        33,269
 2016                0           0        32,583            0        32,583           0         978        31,605

 SUB-TOT             0           0       807,499            0       807,499           0      24,225       783,274
 REMAIN              0           0       257,435            0       257,435           0       7,723       249,712
 TOTAL               0           0     1,064,934            0     1,064,934           0      31,948     1,032,986
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>           <C>              <C>         <C>         <C>      <C>           <C>           <C>            <C>
 2002          6,000           0           0           0         6,000         92,758        92,758        88,446
 2003          6,000           0           0           0         6,000         76,617       169,375        66,105
 2004          6,000           0           0           0         6,000         65,796       235,171        51,374
 2005          6,000           0           0           0         6,000         57,945       293,116        40,949
 2006          7,200           0           0           0         7,200         50,742       343,858        32,456
 2007          7,200           0           0           0         7,200         45,977       389,835        26,618
 2008          7,200           0           0           0         7,200         42,084       431,919        22,054
 2009          7,200           0           0           0         7,200         38,834       470,753        18,420
 2010          7,200           0           0           0         7,200         36,072       506,825        15,487
 2011          7,200           0           0           0         7,200         33,691       540,516        13,094
 2012          7,200           0           0           0         7,200         31,602       572,118        11,117
 2013          7,200           0           0           0         7,200         29,663       601,781         9,446
 2014          7,200           0           0           0         7,200         27,819       629,600         8,019
 2015          7,200           0           0           0         7,200         26,069       655,669         6,803
 2016          7,200           0           0           0         7,200         24,405       680,074         5,765

 SUBTOT      103,200           0           0           0       103,200        680,074                     416,153
 REMAIN       75,460           0           0           0        75,460        174,252       854,326        25,890
 TOTAL       178,660           0           0           0       178,660        854,326                     442,043

   LIFE OF EVALUATION IS 25.48 YEARS.
   FINAL PRODUCTION RATE: 1.0 MMCF/MO
</TABLE>

<PAGE>




                                 TENGASCO, INC.                        TABLE 266
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   6-T1S-R75E                                               PROVED
     STEPHEN LAWSON #5 BP   (KNOX)                                                     BEHIND PIPE


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>      <C>           <C>            <C>
 INITIAL -   1.000000                      0.656250                             2.35        5.00% -        34,534
 FINAL   -   1.000000                      0.656250                             2.35       10.00% -         8,406
 REMARKS - CAPITAL INCLUDED TO PERFORATE REMAINDER OF KNOX.                                15.00% -         2,070
                                                                                           20.00% -           516
                                                                                           25.00% -           130
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0         139               0           0          91.007       0.00     2.35
 TOTAL                  0           0         139               0           0          91.007       0.00     2.35

 CUMULATIVE             0           0           0
 ULTIMATE               0           0         139
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0       214,321            0       214,321           0       6,430       207,891
 TOTAL               0           0       214,321            0       214,321           0       6,430       207,891
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>           <C>              <C>    <C>              <C>      <C>           <C>           <C>             <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0
 2016              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN       44,301           0      20,000           0        64,301        143,590       143,590         8,406
 TOTAL        44,301           0      20,000           0        64,301        143,590                       8,406

   LIFE OF EVALUATION IS 31.65 YEARS.
   FINAL PRODUCTION RATE: 1.5 MMCF/MO
</TABLE>

<PAGE>



                                 TENGASCO, INC.                        TABLE 267
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   6-T1S-R75E                                               PROVED
     STEPHEN LAWSON #6   (KNOX)                                                        UNDEVELOPED


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>      <C>           <C>            <C>
 INITIAL -   1.000000                      0.656250                             2.35        5.00% -       461,577
 FINAL   -   1.000000                      0.656250                             2.35       10.00% -       305,374
 REMARKS - CAPITAL INCLUDED TO REDRILL LAWSON #3 TO RECOVER REMAINING KNOX                 15.00% -       210,072
           RESERVES.                                                                       20.00% -       147,453
                                                                                           25.00% -       103,936
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003     1             0           0         125               0           0          82.340       0.00     2.35
 2004     1             0           0          80               0           0          51.929       0.00     2.36
 2005     1             0           0          60               0           0          39.834       0.00     2.36
 2006     1             0           0          51               0           0          32.997       0.00     2.35
 2007     1             0           0          43               0           0          28.503       0.00     2.35
 2008     1             0           0          39               0           0          25.285       0.00     2.36
 2009     1             0           0          34               0           0          22.845       0.00     2.36
 2010     1             0           0          32               0           0          20.920       0.00     2.35
 2011     1             0           0          30               0           0          19.355       0.00     2.35
 2012     1             0           0          27               0           0          18.054       0.00     2.35
 2013     1             0           0          26               0           0          16.952       0.00     2.36
 2014     1             0           0          24               0           0          15.535       0.00     2.36
 2015     1             0           0          22               0           0          14.419       0.00     2.35
 2016     1             0           0          21               0           0          13.698       0.00     2.36

 SUB-TOTAL              0           0         614               0           0         402.666       0.00     2.35
 REMAINDER              0           0         162               0           0         106.688       0.00     2.35
 TOTAL                  0           0         776               0           0         509.354       0.00     2.35

 CUMULATIVE             0           0           0
 ULTIMATE               0           0         776
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>   <C>                  <C>   <C>                 <C>    <C>        <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0       193,911            0       193,911           0       5,817       188,094
 2004                0           0       122,293            0       122,293           0       3,669       118,624
 2005                0           0        93,808            0        93,808           0       2,814        90,994
 2006                0           0        77,707            0        77,707           0       2,332        75,375
 2007                0           0        67,126            0        67,126           0       2,013        65,113
 2008                0           0        59,545            0        59,545           0       1,787        57,758
 2009                0           0        53,799            0        53,799           0       1,614        52,185
 2010                0           0        49,266            0        49,266           0       1,478        47,788
 2011                0           0        45,582            0        45,582           0       1,367        44,215
 2012                0           0        42,517            0        42,517           0       1,276        41,241
 2013                0           0        39,922            0        39,922           0       1,197        38,725
 2014                0           0        36,585            0        36,585           0       1,098        35,487
 2015                0           0        33,957            0        33,957           0       1,019        32,938
 2016                0           0        32,259            0        32,259           0         967        31,292

 SUB-TOT             0           0       948,277            0       948,277           0      28,448       919,829
 REMAIN              0           0       251,251            0       251,251           0       7,538       243,713
 TOTAL               0           0     1,199,528            0     1,199,528           0      35,986     1,163,542
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>   <C>               <C>     <C>             <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003          6,000           0     250,000           0       256,000        -67,906       -67,906       -67,618
 2004          6,000           0           0           0         6,000        112,624        44,718        88,085
 2005          6,000           0           0           0         6,000         84,994       129,712        60,120
 2006          7,200           0           0           0         7,200         68,175       197,887        43,634
 2007          7,200           0           0           0         7,200         57,913       255,800        33,544
 2008          7,200           0           0           0         7,200         50,558       306,358        26,503
 2009          7,200           0           0           0         7,200         44,985       351,343        21,343
 2010          7,200           0           0           0         7,200         40,588       391,931        17,430
 2011          7,200           0           0           0         7,200         37,015       428,946        14,388
 2012          7,200           0           0           0         7,200         34,041       462,987        11,977
 2013          7,200           0           0           0         7,200         31,525       494,512        10,040
 2014          7,200           0           0           0         7,200         28,287       522,799         8,161
 2015          7,200           0           0           0         7,200         25,738       548,537         6,716
 2016          7,200           0           0           0         7,200         24,092       572,629         5,691

 SUBTOT       97,200           0     250,000           0       347,200        572,629                     280,014
 REMAIN       74,045           0           0           0        74,045        169,668       742,297        25,360
 TOTAL       171,245           0     250,000           0       421,245        742,297                     305,374

   LIFE OF EVALUATION IS 25.28 YEARS.
   FINAL PRODUCTION RATE: 1.0 MMCF/MO
</TABLE>

<PAGE>




                                 TENGASCO, INC.                        TABLE 268
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   7-T1S-R75E                                               PROVED
     STEPHEN LAWSON #7   (KNOX)                                                        UNDEVELOPED


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>      <C>           <C>            <C>
 INITIAL -   1.000000                      0.656250                             2.35        5.00% -       304,388
 FINAL   -   1.000000                      0.656250                             2.35       10.00% -       190,745
 REMARKS - CAPITAL INCLUDED TO REDRILL LAWSON #4 TO RECOVER REMAINING KNOX                 15.00% -       120,287
           RESERVES.                                                                       20.00% -        73,958
                                                                                           25.00% -        42,055
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>       <C>               <C>         <C>        <C>          <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003     1             0           0         101               0           0          66.114       0.00     2.36
 2004     1             0           0          63               0           0          41.828       0.00     2.36
 2005     1             0           0          49               0           0          32.116       0.00     2.36
 2006     1             0           0          41               0           0          26.617       0.00     2.35
 2007     1             0           0          35               0           0          22.999       0.00     2.36
 2008     1             0           0          31               0           0          20.405       0.00     2.35
 2009     1             0           0          28               0           0          18.439       0.00     2.36
 2010     1             0           0          26               0           0          16.887       0.00     2.35
 2011     1             0           0          24               0           0          15.625       0.00     2.35
 2012     1             0           0          22               0           0          14.576       0.00     2.35
 2013     1             0           0          21               0           0          13.687       0.00     2.36
 2014     1             0           0          20               0           0          12.922       0.00     2.35
 2015     1             0           0          18               0           0          12.255       0.00     2.35
 2016     1             0           0          18               0           0          11.642       0.00     2.35

 SUB-TOTAL              0           0         497               0           0         326.112       0.00     2.35
 REMAINDER              0           0         103               0           0          67.639       0.00     2.35
 TOTAL                  0           0         600               0           0         393.751       0.00     2.36

 CUMULATIVE             0           0           0
 ULTIMATE               0           0         600
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>     <C>                <C>     <C>               <C>     <C>         <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0       155,699            0       155,699           0       4,671       151,028
 2004                0           0        98,504            0        98,504           0       2,955        95,549
 2005                0           0        75,634            0        75,634           0       2,269        73,365
 2006                0           0        62,681            0        62,681           0       1,881        60,800
 2007                0           0        54,163            0        54,163           0       1,624        52,539
 2008                0           0        48,054            0        48,054           0       1,442        46,612
 2009                0           0        43,424            0        43,424           0       1,303        42,121
 2010                0           0        39,768            0        39,768           0       1,193        38,575
 2011                0           0        36,798            0        36,798           0       1,104        35,694
 2012                0           0        34,326            0        34,326           0       1,030        33,296
 2013                0           0        32,232            0        32,232           0         967        31,265
 2014                0           0        30,431            0        30,431           0         912        29,519
 2015                0           0        28,860            0        28,860           0         866        27,994
 2016                0           0        27,418            0        27,418           0         823        26,595

 SUB-TOT             0           0       767,992            0       767,992           0      23,040       744,952
 REMAIN              0           0       159,289            0       159,289           0       4,778       154,511
 TOTAL               0           0       927,281            0       927,281           0      27,818       899,463
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>   <C>               <C>     <C>            <C>           <C>            <C>
 2002              0           0           0           0             0              0             0             0
 2003          6,000           0     250,000           0       256,000       -104,972      -104,972       -99,729
 2004          6,000           0           0           0         6,000         89,549       -15,423        70,039
 2005          6,000           0           0           0         6,000         67,365        51,942        47,652
 2006          7,200           0           0           0         7,200         53,600       105,542        34,307
 2007          7,200           0           0           0         7,200         45,339       150,881        26,261
 2008          7,200           0           0           0         7,200         39,412       190,293        20,661
 2009          7,200           0           0           0         7,200         34,921       225,214        16,569
 2010          7,200           0           0           0         7,200         31,375       256,589        13,474
 2011          7,200           0           0           0         7,200         28,494       285,083        11,077
 2012          7,200           0           0           0         7,200         26,096       311,179         9,182
 2013          7,200           0           0           0         7,200         24,065       335,244         7,664
 2014          7,200           0           0           0         7,200         22,319       357,563         6,434
 2015          7,200           0           0           0         7,200         20,794       378,357         5,426
 2016          7,200           0           0           0         7,200         19,395       397,752         4,582

 SUBTOT       97,200           0     250,000           0       347,200        397,752                     173,599
 REMAIN       51,229           0           0           0        51,229        103,282       501,034        17,146
 TOTAL       148,429           0     250,000           0       398,429        501,034                     190,745

   LIFE OF EVALUATION IS 22.12 YEARS.
   FINAL PRODUCTION RATE: 1.0 MMCF/MO
</TABLE>

<PAGE>




                                 TENGASCO, INC.                        TABLE 269
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           OIL LEASE
   TENGASCO INC. - OPERATOR   10-T1S-R74E                                              PROVED
     T.J. HARRISON #1   (TRENTON)                                                      SHUT-IN


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>      <C>           <C>                 <C>
 INITIAL -   1.000000                                                                       5.00% -             0
 FINAL   -   1.000000                                                                      10.00% -             0
 REMARKS - NO RESERVES ASSIGNED PENDING ADDITIONAL DATA.                                   15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE           699           0           0
 ULTIMATE             699           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0
 2016              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0 BBLS/MO
</TABLE>

<PAGE>





                                 TENGASCO, INC.                        TABLE 270
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   4-T1S-R75E                                               PROVED
     WARREN REED #1   (KNOX)                                                           SHUT-IN


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>      <C>           <C>            <C>
 INITIAL -   1.000000                      0.875000                             2.35        5.00% -       327,531
 FINAL   -   1.000000                      0.875000                             2.35       10.00% -       225,718
 REMARKS -                                                                                 15.00% -       167,224
                                                                                           20.00% -       130,074
                                                                                           25.00% -       104,673
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>        <C>              <C>         <C>        <C>          <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003     1             0           0          23               0           0          20.474       0.00     2.35
 2004     1             0           0          23               0           0          19.451       0.00     2.35
 2005     1             0           0          21               0           0          18.479       0.00     2.35
 2006     1             0           0          20               0           0          17.555       0.00     2.35
 2007     1             0           0          19               0           0          16.677       0.00     2.35
 2008     1             0           0          18               0           0          15.843       0.00     2.35
 2009     1             0           0          17               0           0          15.051       0.00     2.36
 2010     1             0           0          17               0           0          14.298       0.00     2.35
 2011     1             0           0          15               0           0          13.583       0.00     2.35
 2012     1             0           0          15               0           0          12.904       0.00     2.35
 2013     1             0           0          14               0           0          12.259       0.00     2.35
 2014     1             0           0          13               0           0          11.646       0.00     2.35
 2015     1             0           0          13               0           0          11.064       0.00     2.35
 2016     1             0           0          12               0           0          10.511       0.00     2.35

 SUB-TOTAL              0           0         240               0           0         209.795       0.00     2.36
 REMAINDER              0           0         143               0           0         125.359       0.00     2.35
 TOTAL                  0           0         383               0           0         335.154       0.00     2.35

 CUMULATIVE             0           0           0
 ULTIMATE               0           0         383
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>      <C>               <C>      <C>              <C>     <C>          <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0        48,216            0        48,216           0       1,446        46,770
 2004                0           0        45,808            0        45,808           0       1,375        44,433
 2005                0           0        43,517            0        43,517           0       1,305        42,212
 2006                0           0        41,341            0        41,341           0       1,240        40,101
 2007                0           0        39,274            0        39,274           0       1,179        38,095
 2008                0           0        37,311            0        37,311           0       1,119        36,192
 2009                0           0        35,445            0        35,445           0       1,063        34,382
 2010                0           0        33,672            0        33,672           0       1,011        32,661
 2011                0           0        31,990            0        31,990           0         959        31,031
 2012                0           0        30,389            0        30,389           0         912        29,477
 2013                0           0        28,870            0        28,870           0         866        28,004
 2014                0           0        27,427            0        27,427           0         823        26,604
 2015                0           0        26,055            0        26,055           0         781        25,274
 2016                0           0        24,753            0        24,753           0         743        24,010

 SUB-TOT             0           0       494,068            0       494,068           0      14,822       479,246
 REMAIN              0           0       295,221            0       295,221           0       8,857       286,364
 TOTAL               0           0       789,289            0       789,289           0      23,679       765,610
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>          <C>               <C>         <C>         <C>     <C>            <C>           <C>            <C>
 2002              0           0           0           0             0              0             0             0
 2003          6,000           0           0           0         6,000         40,770        40,770        35,144
 2004          6,000           0           0           0         6,000         38,433        79,203        29,990
 2005          6,000           0           0           0         6,000         36,212       115,415        25,578
 2006          7,200           0           0           0         7,200         32,901       148,316        21,037
 2007          7,200           0           0           0         7,200         30,895       179,211        17,883
 2008          7,200           0           0           0         7,200         28,992       208,203        15,190
 2009          7,200           0           0           0         7,200         27,182       235,385        12,892
 2010          7,200           0           0           0         7,200         25,461       260,846        10,931
 2011          7,200           0           0           0         7,200         23,831       284,677         9,262
 2012          7,200           0           0           0         7,200         22,277       306,954         7,837
 2013          7,200           0           0           0         7,200         20,804       327,758         6,625
 2014          7,200           0           0           0         7,200         19,404       347,162         5,594
 2015          7,200           0           0           0         7,200         18,074       365,236         4,716
 2016          7,200           0           0           0         7,200         16,810       382,046         3,971

 SUBTOT       97,200           0           0           0        97,200        382,046                     206,650
 REMAIN      138,705           0           0           0       138,705        147,659       529,705        19,068
 TOTAL       235,905           0           0           0       235,905        529,705                     225,718

   LIFE OF EVALUATION IS 34.26 YEARS.
   FINAL PRODUCTION RATE: 0.4 MMCF/MO
</TABLE>

<PAGE>



                                 TENGASCO, INC.                        TABLE 271
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           OIL LEASE
   TENGASCO INC. - OPERATOR   4-T1S-R75E                                               PROVED
     WARREN REED #1 BP   (TRENTON)                                                     BEHIND PIPE


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>      <C>           <C>            <C>
 INITIAL -   1.000000  0.875000                         16.25                               5.00% -         8,820
 FINAL   -   1.000000  0.875000                         16.25                              10.00% -         1,525
 REMARKS - RECOMPLETION COST IS SHOWN AS A DEVELOPMENT COST.                               15.00% -           266
                                                                                           20.00% -            47
                                                                                           25.00% -             8
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                 <C>             <C>         <C>         <C>             <C>         <C>        <C>       <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER          7,338           0           0           6,420           0           0.000      16.25     0.00
 TOTAL              7,338           0           0           6,420           0           0.000      16.25     0.00

 CUMULATIVE             0           0           0
 ULTIMATE           7,338           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>            <C>               <C>           <C>          <C>     <C>           <C>             <C>     <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN        104,331           0             0            0       104,331       3,130           0       101,201
 TOTAL         104,331           0             0            0       104,331       3,130           0       101,201
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>           <C>              <C>    <C>              <C>      <C>            <C>           <C>            <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0
 2016              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN       24,800           0      25,000           0        49,800         51,401        51,401         1,525
 TOTAL        24,800           0      25,000           0        49,800         51,401                       1,525

   LIFE OF EVALUATION IS 36.92 YEARS.
   FINAL PRODUCTION RATE: 62 BBLS/MO
</TABLE>

<PAGE>



                                 TENGASCO, INC.                        TABLE 272
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   11-T1S-R74E                                              PROVED
     WARREN REED #2   (KNOX)                                                           PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>      <C>           <C>            <C>
 INITIAL -   1.000000                      0.781250                             2.35        5.00% -       745,808
 FINAL   -   1.000000                      0.781250                             2.35       10.00% -       605,842
 REMARKS -                                                                                 15.00% -       514,663
                                                                                           20.00% -       451,053
                                                                                           25.00% -       404,092
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>       <C>               <C>         <C>        <C>          <C>      <C>
 2002     1             0           0         119               0           0          92.930       0.00     2.35
 2003     1             0           0          68               0           0          53.381       0.00     2.35
 2004     1             0           0          51               0           0          39.926       0.00     2.36
 2005     1             0           0          42               0           0          32.675       0.00     2.35
 2006     1             0           0          36               0           0          28.024       0.00     2.36
 2007     1             0           0          32               0           0          24.742       0.00     2.35
 2008     1             0           0          28               0           0          22.279       0.00     2.35
 2009     1             0           0          26               0           0          20.350       0.00     2.35
 2010     1             0           0          24               0           0          18.792       0.00     2.35
 2011     1             0           0          23               0           0          17.501       0.00     2.35
 2012     1             0           0          21               0           0          16.412       0.00     2.35
 2013     1             0           0          20               0           0          15.477       0.00     2.36
 2014     1             0           0          18               0           0          14.665       0.00     2.35
 2015     1             0           0          18               0           0          13.930       0.00     2.35
 2016     1             0           0          17               0           0          13.234       0.00     2.35

 SUB-TOTAL              0           0         543               0           0         424.318       0.00     2.35
 REMAINDER              0           0          88               0           0          68.656       0.00     2.35
 TOTAL                  0           0         631               0           0         492.974       0.00     2.35

 CUMULATIVE             0           0         207
 ULTIMATE               0           0         838
</TABLE>


<TABLE>
<CAPTION>
                     COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>   <C>                  <C>   <C>                 <C>    <C>        <C>
 2002                0           0       218,849            0       218,849           0       6,565       212,284
 2003                0           0       125,712            0       125,712           0       3,772       121,940
 2004                0           0        94,026            0        94,026           0       2,821        91,205
 2005                0           0        76,950            0        76,950           0       2,308        74,642
 2006                0           0        65,996            0        65,996           0       1,980        64,016
 2007                0           0        58,267            0        58,267           0       1,748        56,519
 2008                0           0        52,467            0        52,467           0       1,574        50,893
 2009                0           0        47,925            0        47,925           0       1,438        46,487
 2010                0           0        44,254            0        44,254           0       1,327        42,927
 2011                0           0        41,216            0        41,216           0       1,237        39,979
 2012                0           0        38,649            0        38,649           0       1,159        37,490
 2013                0           0        36,449            0        36,449           0       1,094        35,355
 2014                0           0        34,536            0        34,536           0       1,036        33,500
 2015                0           0        32,806            0        32,806           0         984        31,822
 2016                0           0        31,165            0        31,165           0         935        30,230

 SUB-TOT             0           0       999,267            0       999,267           0      29,978       969,289
 REMAIN              0           0       161,685            0       161,685           0       4,851       156,834
 TOTAL               0           0     1,160,952            0     1,160,952           0      34,829     1,126,123
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>           <C>              <C>         <C>         <C>      <C>           <C>           <C>            <C>
 2002          6,000           0           0           0         6,000        206,284       206,284       197,712
 2003          6,000           0           0           0         6,000        115,940       322,224       100,204
 2004          6,000           0           0           0         6,000         85,205       407,429        66,590
 2005          6,000           0           0           0         6,000         68,642       476,071        48,536
 2006          7,200           0           0           0         7,200         56,816       532,887        36,356
 2007          7,200           0           0           0         7,200         49,319       582,206        28,562
 2008          7,200           0           0           0         7,200         43,693       625,899        22,902
 2009          7,200           0           0           0         7,200         39,287       665,186        18,639
 2010          7,200           0           0           0         7,200         35,727       700,913        15,342
 2011          7,200           0           0           0         7,200         32,779       733,692        12,740
 2012          7,200           0           0           0         7,200         30,290       763,982        10,657
 2013          7,200           0           0           0         7,200         28,155       792,137         8,967
 2014          7,200           0           0           0         7,200         26,300       818,437         7,581
 2015          7,200           0           0           0         7,200         24,622       843,059         6,425
 2016          7,200           0           0           0         7,200         23,030       866,089         5,440

 SUBTOT      103,200           0           0           0       103,200        866,089                     586,653
 REMAIN       44,764           0           0           0        44,764        112,070       978,159        19,189
 TOTAL       147,964           0           0           0       147,964        978,159                     605,842

   LIFE OF EVALUATION IS 21.22 YEARS.
   FINAL PRODUCTION RATE: 1.0 MMCF/MO
</TABLE>

<PAGE>



                                 TENGASCO, INC.                        TABLE 273
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   11-T1S-R74E                                              PROVED
     WARREN REED #2 BP1   (KNOX)                                                       BEHIND PIPE


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>      <C>           <C>            <C>
 INITIAL -   1.000000                      0.781250                             2.35        5.00% -     2,417,536
 FINAL   -   1.000000                      0.781250                             2.35       10.00% -     1,693,132
 REMARKS - CAPITAL INCLUDED TO PERFORATE REMAINDER OF KNOX PAY.                            15.00% -     1,296,756
                                                                                           20.00% -     1,044,503
                                                                                           25.00% -       868,030
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>     <C>                 <C>         <C>     <C>             <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003     1             0           0         308               0           0         240.866       0.00     2.35
 2004     1             0           0         183               0           0         143.043       0.00     2.35
 2005     1             0           0         145               0           0         112.594       0.00     2.36
 2006     1             0           0         122               0           0          95.936       0.00     2.36
 2007     1             0           0         109               0           0          85.020       0.00     2.36
 2008     1             0           0          99               0           0          77.153       0.00     2.35
 2009     1             0           0          91               0           0          71.134       0.00     2.36
 2010     1             0           0          85               0           0          66.337       0.00     2.35
 2011     1             0           0          80               0           0          62.396       0.00     2.36
 2012     1             0           0          75               0           0          59.081       0.00     2.35
 2013     1             0           0          72               0           0          56.121       0.00     2.36
 2014     1             0           0          68               0           0          53.315       0.00     2.36
 2015     1             0           0          65               0           0          50.649       0.00     2.36
 2016     1             0           0          62               0           0          48.116       0.00     2.35

 SUB-TOTAL              0           0       1,564               0           0       1,221.761       0.00     2.35
 REMAINDER              0           0         936               0           0         731.363       0.00     2.35
 TOTAL                  0           0       2,500               0           0       1,953.124       0.00     2.35

 CUMULATIVE             0           0           0
 ULTIMATE               0           0       2,500
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>   <C>                  <C>   <C>                 <C>   <C>         <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0       567,239            0       567,239           0      17,017       550,222
 2004                0           0       336,867            0       336,867           0      10,106       326,761
 2005                0           0       265,159            0       265,159           0       7,955       257,204
 2006                0           0       225,929            0       225,929           0       6,778       219,151
 2007                0           0       200,223            0       200,223           0       6,006       194,217
 2008                0           0       181,695            0       181,695           0       5,451       176,244
 2009                0           0       167,521            0       167,521           0       5,026       162,495
 2010                0           0       156,224            0       156,224           0       4,687       151,537
 2011                0           0       146,943            0       146,943           0       4,408       142,535
 2012                0           0       139,136            0       139,136           0       4,174       134,962
 2013                0           0       132,164            0       132,164           0       3,965       128,199
 2014                0           0       125,556            0       125,556           0       3,767       121,789
 2015                0           0       119,278            0       119,278           0       3,578       115,700
 2016                0           0       113,315            0       113,315           0       3,399       109,916

 SUB-TOT             0           0     2,877,249            0     2,877,249           0      86,317     2,790,932
 REMAIN              0           0     1,722,360            0     1,722,360           0      51,671     1,670,689
 TOTAL               0           0     4,599,609            0     4,599,609           0     137,988     4,461,621
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>    <C>              <C>      <C>            <C>           <C>           <C>
 2002              0           0      40,000           0        40,000        -40,000       -40,000       -39,834
 2003          6,000           0           0           0         6,000        544,222       504,222       472,260
 2004          6,000           0           0           0         6,000        320,761       824,983       250,807
 2005          6,000           0           0           0         6,000        251,204     1,076,187       177,631
 2006          7,200           0           0           0         7,200        211,951     1,288,138       135,611
 2007          7,200           0           0           0         7,200        187,017     1,475,155       108,289
 2008          7,200           0           0           0         7,200        169,044     1,644,199        88,590
 2009          7,200           0           0           0         7,200        155,295     1,799,494        73,662
 2010          7,200           0           0           0         7,200        144,337     1,943,831        61,970
 2011          7,200           0           0           0         7,200        135,335     2,079,166        52,594
 2012          7,200           0           0           0         7,200        127,762     2,206,928        44,942
 2013          7,200           0           0           0         7,200        120,999     2,327,927        38,529
 2014          7,200           0           0           0         7,200        114,589     2,442,516        33,029
 2015          7,200           0           0           0         7,200        108,500     2,551,016        28,310
 2016          7,200           0           0           0         7,200        102,716     2,653,732        24,260

 SUBTOT       97,200           0      40,000           0       137,200      2,653,732                   1,550,650
 REMAIN      225,910           0           0           0       225,910      1,444,779     4,098,511       142,482
 TOTAL       323,110           0      40,000           0       363,110      4,098,511                   1,693,132

   LIFE OF EVALUATION IS 46.38 YEARS.
   FINAL PRODUCTION RATE: 1.0 MMCF/MO
</TABLE>

<PAGE>



                                 TENGASCO, INC.                        TABLE 274
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   11-T1S-R74E                                              PROVED
     WARREN REED #2 BP2   (SR-MFB)                                                     BEHIND PIPE


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>      <C>           <C>            <C>
 INITIAL -   1.000000                      0.781250                             2.35        5.00% -        18,387
 FINAL   -   1.000000                      0.781250                             2.35       10.00% -         1,503
 REMARKS - RECOMPLETION COST IS SHOWN AS A DEVELOPMENT COST.                               15.00% -           126
                                                                                           20.00% -            11
                                                                                           25.00% -             1
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>       <C>               <C>         <C>       <C>           <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0         181               0           0         141.406       0.00     2.35
 TOTAL                  0           0         181               0           0         141.406       0.00     2.35

 CUMULATIVE             0           0           0
 ULTIMATE               0           0         181
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>     <C>                <C>     <C>               <C>     <C>         <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0       333,012            0       333,012           0       9,990       323,022
 TOTAL               0           0       333,012            0       333,012           0       9,990       323,022
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>           <C>              <C>    <C>              <C>      <C>           <C>           <C>             <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0
 2016              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN       72,028           0      20,000           0        92,028        230,994       230,994         1,503
 TOTAL        72,028           0      20,000           0        92,028        230,994                       1,503

   LIFE OF EVALUATION IS 56.42 YEARS.
   FINAL PRODUCTION RATE: 1.0 MMCF/MO
</TABLE>

<PAGE>



                                 TENGASCO, INC.                        TABLE 275
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   MILLER PETR.. - OPERATOR   12-T1S-R74E                                              PROVED
     WELLS/YEARY NO. 1   (REEDSVILLE-TRENTON)                                          PRODUCING


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>      <C>           <C>            <C>
 INITIAL -   0.500000                      0.437500                             2.35        5.00% -       149,028
 FINAL   -   0.500000                      0.437500                             2.35       10.00% -       124,294
 REMARKS -                                                                                 15.00% -       105,809
                                                                                           20.00% -        91,691
                                                                                           25.00% -        80,684
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>        <C>              <C>         <C>        <C>          <C>      <C>
 2002     1             0           0          33               0           0          14.519       0.00     2.35
 2003     1             0           0          29               0           0          12.705       0.00     2.35
 2004     1             0           0          26               0           0          11.215       0.00     2.35
 2005     1             0           0          23               0           0           9.976       0.00     2.36
 2006     1             0           0          20               0           0           8.934       0.00     2.35
 2007     1             0           0          18               0           0           8.050       0.00     2.36
 2008     1             0           0          17               0           0           7.293       0.00     2.35
 2009     1             0           0          15               0           0           6.639       0.00     2.35
 2010     1             0           0          14               0           0           6.071       0.00     2.36
 2011     1             0           0          13               0           0           5.574       0.00     2.35
 2012     1             0           0          12               0           0           5.136       0.00     2.35
 2013     1             0           0           4               0           0           1.889       0.00     2.35
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0         224               0           0          98.001       0.00     2.35
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0         224               0           0          98.001       0.00     2.35

 CUMULATIVE             0           0           3
 ULTIMATE               0           0         227
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>     <C>                <C>     <C>               <C>     <C>         <C>
 2002                0           0        34,193            0        34,193           0       1,026        33,167
 2003                0           0        29,919            0        29,919           0         897        29,022
 2004                0           0        26,411            0        26,411           0         793        25,618
 2005                0           0        23,492            0        23,492           0         704        22,788
 2006                0           0        21,041            0        21,041           0         632        20,409
 2007                0           0        18,958            0        18,958           0         568        18,390
 2008                0           0        17,174            0        17,174           0         516        16,658
 2009                0           0        15,635            0        15,635           0         469        15,166
 2010                0           0        14,297            0        14,297           0         429        13,868
 2011                0           0        13,126            0        13,126           0         393        12,733
 2012                0           0        12,095            0        12,095           0         363        11,732
 2013                0           0         4,449            0         4,449           0         134         4,315
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0       230,790            0       230,790           0       6,924       223,866
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0       230,790            0       230,790           0       6,924       223,866
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>         <C>         <C>       <C>           <C>          <C>             <C>
 2002          3,600           0           0           0         3,600         29,567        29,567        28,178
 2003          3,600           0           0           0         3,600         25,422        54,989        21,930
 2004          3,600           0           0           0         3,600         22,018        77,007        17,193
 2005          3,600           0           0           0         3,600         19,188        96,195        13,562
 2006          3,600           0           0           0         3,600         16,809       113,004        10,753
 2007          3,600           0           0           0         3,600         14,790       127,794         8,565
 2008          3,600           0           0           0         3,600         13,058       140,852         6,845
 2009          3,600           0           0           0         3,600         11,566       152,418         5,488
 2010          3,600           0           0           0         3,600         10,268       162,686         4,411
 2011          3,600           0           0           0         3,600          9,133       171,819         3,551
 2012          3,600           0           0           0         3,600          8,132       179,951         2,862
 2013          1,399           0           0           0         1,399          2,916       182,867           956
 2014              0           0           0           0             0              0       182,867             0
 2015              0           0           0           0             0              0       182,867             0
 2016              0           0           0           0             0              0       182,867             0

 SUBTOT       40,999           0           0           0        40,999        182,867                     124,294
 REMAIN            0           0           0           0             0              0       182,867             0
 TOTAL        40,999           0           0           0        40,999        182,867                     124,294

   LIFE OF EVALUATION IS 11.39 YEARS.
   FINAL PRODUCTION RATE: 0.9 MMCF/MO
</TABLE>

<PAGE>


                                 TENGASCO, INC.                        TABLE 276
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
              SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE GAS LEASE
   MILLER PETROLEUM - OPERATOR   14-T1S-R74E                                           PROVED
     WOODROW DAVIS #1   (KNOX)                                                         SHUT-IN


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>      <C>           <C>            <C>
 INITIAL -   0.500000                      0.438125                             2.35        5.00% -       177,052
 FINAL   -   0.500000                      0.438125                             2.35       10.00% -       138,622
 REMARKS -                                                                                 15.00% -       111,717
                                                                                           20.00% -        92,203
                                                                                           25.00% -        77,583
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003     1             0           0          46               0           0          20.083       0.00     2.36
 2004     1             0           0          32               0           0          14.303       0.00     2.36
 2005     1             0           0          27               0           0          11.743       0.00     2.35
 2006     1             0           0          24               0           0          10.204       0.00     2.35
 2007     1             0           0          20               0           0           9.147       0.00     2.35
 2008     1             0           0          20               0           0           8.363       0.00     2.35
 2009     1             0           0          17               0           0           7.752       0.00     2.35
 2010     1             0           0          17               0           0           7.258       0.00     2.35
 2011     1             0           0          15               0           0           6.847       0.00     2.35
 2012     1             0           0          15               0           0           6.497       0.00     2.35
 2013     1             0           0          14               0           0           6.172       0.00     2.35
 2014     1             0           0          14               0           0           5.864       0.00     2.35
 2015     1             0           0          12               0           0           5.571       0.00     2.36
 2016     1             0           0           8               0           0           3.321       0.00     2.35

 SUB-TOTAL              0           0         281               0           0         123.125       0.00     2.35
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0         281               0           0         123.125       0.00     2.35

 CUMULATIVE             0           0           0
 ULTIMATE               0           0         281
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>      <C>               <C>      <C>              <C>     <C>          <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0        47,295            0        47,295           0       1,419        45,876
 2004                0           0        33,684            0        33,684           0       1,010        32,674
 2005                0           0        27,654            0        27,654           0         830        26,824
 2006                0           0        24,031            0        24,031           0         721        23,310
 2007                0           0        21,541            0        21,541           0         646        20,895
 2008                0           0        19,695            0        19,695           0         591        19,104
 2009                0           0        18,255            0        18,255           0         548        17,707
 2010                0           0        17,092            0        17,092           0         512        16,580
 2011                0           0        16,126            0        16,126           0         484        15,642
 2012                0           0        15,301            0        15,301           0         459        14,842
 2013                0           0        14,536            0        14,536           0         436        14,100
 2014                0           0        13,809            0        13,809           0         415        13,394
 2015                0           0        13,119            0        13,119           0         393        12,726
 2016                0           0         7,822            0         7,822           0         235         7,587

 SUB-TOT             0           0       289,960            0       289,960           0       8,699       281,261
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0       289,960            0       289,960           0       8,699       281,261
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                               DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>         <C>         <C>       <C>            <C>         <C>             <C>

 2002              0           0           0           0             0              0             0             0
 2003          3,000           0           0           0         3,000         42,876        42,876        37,096
 2004          3,000           0           0           0         3,000         29,674        72,550        23,194
 2005          3,000           0           0           0         3,000         23,824        96,374        16,845
 2006          3,600           0           0           0         3,600         19,710       116,084        12,611
 2007          3,600           0           0           0         3,600         17,295       133,379        10,015
 2008          3,600           0           0           0         3,600         15,504       148,883         8,126
 2009          3,600           0           0           0         3,600         14,107       162,990         6,692
 2010          3,600           0           0           0         3,600         12,980       175,970         5,573
 2011          3,600           0           0           0         3,600         12,042       188,012         4,680
 2012          3,600           0           0           0         3,600         11,242       199,254         3,955
 2013          3,600           0           0           0         3,600         10,500       209,754         3,344
 2014          3,600           0           0           0         3,600          9,794       219,548         2,823
 2015          3,600           0           0           0         3,600          9,126       228,674         2,382
 2016          2,238           0           0           0         2,238          5,349       234,023         1,286

 SUBTOT       47,238           0           0           0        47,238        234,023                     138,622
 REMAIN            0           0           0           0             0              0       234,023             0
 TOTAL        47,238           0           0           0        47,238        234,023                     138,622

   LIFE OF EVALUATION IS 14.62 YEARS.
   FINAL PRODUCTION RATE: 1.0 MMCF/MO
</TABLE>

<PAGE>



                                 TENGASCO, INC.                        TABLE 277
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   10-T1S-R74E                                              PROVED
     LOCATION # 4   (KNOX)                                                             UNDEVELOPED


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>      <C>           <C>            <C>
 INITIAL -   1.000000                      0.875000                             2.35        5.00% -       459,892
 FINAL   -   1.000000                      0.875000                             2.35       10.00% -       341,177
 REMARKS - CAPITAL INCLUDED TO DRILL AND COMPLETE.                                         15.00% -       260,212
                                                                                           20.00% -       202,251
                                                                                           25.00% -       159,067
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>        <C>              <C>         <C>        <C>          <C>      <C>
 2002     1             0           0          40               0           0          34.699       0.00     2.35
 2003     1             0           0         103               0           0          90.492       0.00     2.35
 2004     1             0           0          66               0           0          57.846       0.00     2.36
 2005     1             0           0          45               0           0          39.270       0.00     2.35
 2006     1             0           0          32               0           0          27.910       0.00     2.35
 2007     1             0           0          23               0           0          20.565       0.00     2.35
 2008     1             0           0          26               0           0          21.945       0.00     2.35
 2009     1             0           0          22               0           0          19.807       0.00     2.35
 2010     1             0           0          21               0           0          17.971       0.00     2.36
 2011     1             0           0          18               0           0          16.383       0.00     2.36
 2012     1             0           0          18               0           0          14.999       0.00     2.36
 2013     1             0           0          15               0           0          13.786       0.00     2.35
 2014     1             0           0          15               0           0          12.717       0.00     2.36
 2015     1             0           0          13               0           0          11.769       0.00     2.35
 2016     1             0           0          13               0           0          10.925       0.00     2.36

 SUB-TOTAL              0           0         470               0           0         411.084       0.00     2.35
 REMAINDER              0           0          40               0           0          35.604       0.00     2.36
 TOTAL                  0           0         510               0           0         446.688       0.00     2.35

 CUMULATIVE             0           0           0
 ULTIMATE               0           0         510
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>   <C>                  <C>   <C>                 <C>    <C>        <C>
 2002                0           0        81,715            0        81,715           0       2,451        79,264
 2003                0           0       213,109            0       213,109           0       6,394       206,715
 2004                0           0       136,227            0       136,227           0       4,087       132,140
 2005                0           0        92,482            0        92,482           0       2,774        89,708
 2006                0           0        65,728            0        65,728           0       1,972        63,756
 2007                0           0        48,431            0        48,431           0       1,453        46,978
 2008                0           0        51,681            0        51,681           0       1,550        50,131
 2009                0           0        46,645            0        46,645           0       1,400        45,245
 2010                0           0        42,322            0        42,322           0       1,269        41,053
 2011                0           0        38,581            0        38,581           0       1,158        37,423
 2012                0           0        35,322            0        35,322           0       1,059        34,263
 2013                0           0        32,466            0        32,466           0         974        31,492
 2014                0           0        29,948            0        29,948           0         899        29,049
 2015                0           0        27,716            0        27,716           0         831        26,885
 2016                0           0        25,729            0        25,729           0         772        24,957

 SUB-TOT             0           0       968,102            0       968,102           0      29,043       939,059
 REMAIN              0           0        83,847            0        83,847           0       2,515        81,332
 TOTAL               0           0     1,051,949            0     1,051,949           0      31,558     1,020,391
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>   <C>               <C>     <C>            <C>           <C>           <C>
 2002          1,500           0     250,000           0       251,500       -172,236      -172,236      -159,685
 2003          6,000           0           0           0         6,000        200,715        28,479       173,640
 2004          6,000           0           0           0         6,000        126,140       154,619        98,730
 2005          6,000           0           0           0         6,000         83,708       238,327        59,287
 2006          7,200           0           0           0         7,200         56,556       294,883        36,251
 2007          7,200           0           0           0         7,200         39,778       334,661        23,077
 2008          7,200           0           0           0         7,200         42,931       377,592        22,504
 2009          7,200           0           0           0         7,200         38,045       415,637        18,052
 2010          7,200           0           0           0         7,200         33,853       449,490        14,540
 2011          7,200           0           0           0         7,200         30,223       479,713        11,751
 2012          7,200           0           0           0         7,200         27,063       506,776         9,524
 2013          7,200           0           0           0         7,200         24,292       531,068         7,738
 2014          7,200           0           0           0         7,200         21,849       552,917         6,301
 2015          7,200           0           0           0         7,200         19,685       572,602         5,138
 2016          7,200           0           0           0         7,200         17,757       590,359         4,195

 SUBTOT       98,700           0     250,000           0       348,700        590,359                     331,043
 REMAIN       27,676           0           0           0        27,676         53,656       644,015        10,134
 TOTAL       126,376           0     250,000           0       376,376        644,015                     341,177

   LIFE OF EVALUATION IS 18.84 YEARS.
   FINAL PRODUCTION RATE: 0.8 MMCF/MO
</TABLE>

<PAGE>

                                 TENGASCO, INC.                        TABLE 278
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   6-T1S-R75E                                               PROVED
     LOCATION # 5   (KNOX)                                                             UNDEVELOPED


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>      <C>           <C>            <C>
 INITIAL -   1.000000                      0.875000                             2.35        5.00% -     1,141,721
 FINAL   -   1.000000                      0.875000                             2.35       10.00% -       888,083
 REMARKS - CAPITAL INCLUDED TO DRILL AND COMPLETE.                                         15.00% -       715,034
                                                                                           20.00% -       590,553
                                                                                           25.00% -       496,981
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>        <C>              <C>         <C>       <C>          <C>      <C>
 2002     1             0           0          74               0           0          65.054       0.00     2.36
 2003     1             0           0         194               0           0         169.657       0.00     2.35
 2004     1             0           0         124               0           0         108.451       0.00     2.35
 2005     1             0           0          84               0           0          73.625       0.00     2.35
 2006     1             0           0          60               0           0          52.327       0.00     2.35
 2007     1             0           0          44               0           0          38.556       0.00     2.35
 2008     1             0           0          47               0           0          41.144       0.00     2.35
 2009     1             0           0          43               0           0          37.134       0.00     2.35
 2010     1             0           0          38               0           0          33.692       0.00     2.35
 2011     1             0           0          35               0           0          30.714       0.00     2.35
 2012     1             0           0          32               0           0          28.120       0.00     2.35
 2013     1             0           0          30               0           0          25.846       0.00     2.35
 2014     1             0           0          27               0           0          23.842       0.00     2.35
 2015     1             0           0          25               0           0          22.065       0.00     2.35
 2016     1             0           0          24               0           0          20.483       0.00     2.35

 SUB-TOTAL              0           0         881               0           0         770.710       0.00     2.35
 REMAINDER              0           0          76               0           0          66.751       0.00     2.36
 TOTAL                  0           0         957               0           0         837.461       0.00     2.35

 CUMULATIVE             0           0           0
 ULTIMATE               0           0         957
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>   <C>                  <C>   <C>                 <C>    <C>        <C>
 2002                0           0       153,202            0       153,202           0       4,596       148,606
 2003                0           0       399,543            0       399,543           0      11,986       387,557
 2004                0           0       255,402            0       255,402           0       7,662       247,740
 2005                0           0       173,388            0       173,388           0       5,202       168,186
 2006                0           0       123,229            0       123,229           0       3,697       119,532
 2007                0           0        90,800            0        90,800           0       2,724        88,076
 2008                0           0        96,893            0        96,893           0       2,907        93,986
 2009                0           0        87,451            0        87,451           0       2,623        84,828
 2010                0           0        79,346            0        79,346           0       2,381        76,965
 2011                0           0        72,332            0        72,332           0       2,170        70,162
 2012                0           0        66,223            0        66,223           0       1,986        64,237
 2013                0           0        60,869            0        60,869           0       1,826        59,043
 2014                0           0        56,147            0        56,147           0       1,685        54,462
 2015                0           0        51,963            0        51,963           0       1,559        50,404
 2016                0           0        48,237            0        48,237           0       1,447        46,790

 SUB-TOT             0           0     1,815,025            0     1,815,025           0      54,451     1,760,574
 REMAIN              0           0       157,199            0       157,199           0       4,716       152,483
 TOTAL               0           0     1,972,224            0     1,972,224           0      59,167     1,913,057
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>   <C>               <C>     <C>            <C>           <C>            <C>
 2002          1,500           0     250,000           0       251,500       -102,894      -102,894       -96,053
 2003          6,000           0           0           0         6,000        381,557       278,663       330,070
 2004          6,000           0           0           0         6,000        241,740       520,403       189,196
 2005          6,000           0           0           0         6,000        162,186       682,589       114,856
 2006          7,200           0           0           0         7,200        112,332       794,921        71,991
 2007          7,200           0           0           0         7,200         80,876       875,797        46,909
 2008          7,200           0           0           0         7,200         86,786       962,583        45,490
 2009          7,200           0           0           0         7,200         77,628     1,040,211        36,831
 2010          7,200           0           0           0         7,200         69,765     1,109,976        29,962
 2011          7,200           0           0           0         7,200         62,962     1,172,938        24,476
 2012          7,200           0           0           0         7,200         57,037     1,229,975        20,071
 2013          7,200           0           0           0         7,200         51,843     1,281,818        16,513
 2014          7,200           0           0           0         7,200         47,262     1,329,080        13,627
 2015          7,200           0           0           0         7,200         43,204     1,372,284        11,276
 2016          7,200           0           0           0         7,200         39,590     1,411,874         9,353

 SUBTOT       98,700           0     250,000           0       348,700      1,411,874                     864,568
 REMAIN       27,676           0           0           0        27,676        124,807     1,536,681        23,515
 TOTAL       126,376           0     250,000           0       376,376      1,536,681                     888,083

   LIFE OF EVALUATION IS 18.84 YEARS.
   FINAL PRODUCTION RATE: 1.5 MMCF/MO
</TABLE>

<PAGE>




                                 TENGASCO, INC.                        TABLE 279
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   6-T1S-R75E                                               PROVED
     LOCATION # 8   (KNOX)                                                             UNDEVELOPED


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>      <C>           <C>            <C>
 INITIAL -   1.000000                      0.875000                             2.35        5.00% -     1,823,704
 FINAL   -   1.000000                      0.875000                             2.35       10.00% -     1,435,112
 REMARKS - CAPITAL INCLUDED TO DRILL AND COMPLETE.                                         15.00% -     1,169,958
                                                                                           20.00% -       978,943
                                                                                           25.00% -       834,971
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>     <C>                 <C>         <C>     <C>             <C>      <C>
 2002     1             0           0         109               0           0          95.416       0.00     2.36
 2003     1             0           0         284               0           0         248.840       0.00     2.35
 2004     1             0           0         182               0           0         159.068       0.00     2.35
 2005     1             0           0         124               0           0         107.988       0.00     2.35
 2006     1             0           0          87               0           0          76.749       0.00     2.35
 2007     1             0           0          65               0           0          56.551       0.00     2.36
 2008     1             0           0          69               0           0          60.346       0.00     2.36
 2009     1             0           0          62               0           0          54.466       0.00     2.36
 2010     1             0           0          57               0           0          49.417       0.00     2.35
 2011     1             0           0          51               0           0          45.049       0.00     2.36
 2012     1             0           0          47               0           0          41.245       0.00     2.35
 2013     1             0           0          44               0           0          37.910       0.00     2.36
 2014     1             0           0          40               0           0          34.969       0.00     2.36
 2015     1             0           0          37               0           0          32.363       0.00     2.35
 2016     1             0           0          34               0           0          30.042       0.00     2.35

 SUB-TOTAL              0           0       1,292               0           0       1,130.419       0.00     2.36
 REMAINDER              0           0         112               0           0          97.905       0.00     2.35
 TOTAL                  0           0       1,404               0           0       1,228.324       0.00     2.36

 CUMULATIVE             0           0           0
 ULTIMATE               0           0       1,404
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>   <C>                  <C>   <C>                 <C>    <C>        <C>
 2002                0           0       224,704            0       224,704           0       6,741       217,963
 2003                0           0       586,019            0       586,019           0      17,581       568,438
 2004                0           0       374,604            0       374,604           0      11,238       363,366
 2005                0           0       254,312            0       254,312           0       7,629       246,683
 2006                0           0       180,743            0       180,743           0       5,422       175,321
 2007                0           0       133,178            0       133,178           0       3,996       129,182
 2008                0           0       142,116            0       142,116           0       4,263       137,853
 2009                0           0       128,267            0       128,267           0       3,848       124,419
 2010                0           0       116,377            0       116,377           0       3,492       112,885
 2011                0           0       106,092            0       106,092           0       3,182       102,910
 2012                0           0        97,131            0        97,131           0       2,914        94,217
 2013                0           0        89,277            0        89,277           0       2,679        86,598
 2014                0           0        82,352            0        82,352           0       2,470        79,882
 2015                0           0        76,216            0        76,216           0       2,287        73,929
 2016                0           0        70,750            0        70,750           0       2,122        68,628

 SUB-TOT             0           0     2,662,138            0     2,662,138           0      79,864     2,582,274
 REMAIN              0           0       230,567            0       230,567           0       6,917       223,650
 TOTAL               0           0     2,892,705            0     2,892,705           0      86,781     2,805,924
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>   <C>               <C>     <C>             <C>           <C>           <C>
 2002          1,500           0     250,000           0       251,500        -33,537       -33,537       -32,407
 2003          6,000           0           0           0         6,000        562,438       528,901       486,533
 2004          6,000           0           0           0         6,000        357,366       886,267       279,682
 2005          6,000           0           0           0         6,000        240,683     1,126,950       170,440
 2006          7,200           0           0           0         7,200        168,121     1,295,071       107,740
 2007          7,200           0           0           0         7,200        121,982     1,417,053        70,745
 2008          7,200           0           0           0         7,200        130,653     1,547,706        68,481
 2009          7,200           0           0           0         7,200        117,219     1,664,925        55,614
 2010          7,200           0           0           0         7,200        105,685     1,770,610        45,387
 2011          7,200           0           0           0         7,200         95,710     1,866,320        37,206
 2012          7,200           0           0           0         7,200         87,017     1,953,337        30,620
 2013          7,200           0           0           0         7,200         79,398     2,032,735        25,289
 2014          7,200           0           0           0         7,200         72,682     2,105,417        20,956
 2015          7,200           0           0           0         7,200         66,729     2,172,146        17,415
 2016          7,200           0           0           0         7,200         61,428     2,233,574        14,511

 SUBTOT       98,700           0     250,000           0       348,700      2,233,574                   1,398,212
 REMAIN       27,676           0           0           0        27,676        195,974     2,429,548        36,900
 TOTAL       126,376           0     250,000           0       376,376      2,429,548                   1,435,112

   LIFE OF EVALUATION IS 18.84 YEARS.
   FINAL PRODUCTION RATE: 2.1 MMCF/MO
</TABLE>

<PAGE>



                                 TENGASCO, INC.                        TABLE 280
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   11-T1S-R74E                                              PROVED
     LOCATION #12   (KNOX)                                                             UNDEVELOPED


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>      <C>           <C>            <C>
 INITIAL -   1.000000                      0.875000                             2.35        5.00% -        68,274
 FINAL   -   1.000000                      0.875000                             2.35       10.00% -        27,048
 REMARKS - CAPITAL INCLUDED TO DRILL AND COMPLETE.                                         15.00% -           -68
                                                                                           20.00% -       -18,375
                                                                                           25.00% -       -30,938
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>       <C>               <C>         <C>       <C>           <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003     1             0           0          53               0           0          46.320       0.00     2.35
 2004     1             0           0          39               0           0          34.554       0.00     2.35
 2005     1             0           0          27               0           0          22.925       0.00     2.35
 2006     1             0           0          18               0           0          16.008       0.00     2.35
 2007     1             0           0          13               0           0          11.630       0.00     2.35
 2008     1             0           0          12               0           0          10.466       0.00     2.35
 2009     1             0           0          12               0           0          10.327       0.00     2.36
 2010     1             0           0          11               0           0           9.350       0.00     2.36
 2011     1             0           0           9               0           0           8.507       0.00     2.35
 2012     1             0           0           9               0           0           7.775       0.00     2.36
 2013     1             0           0           8               0           0           7.135       0.00     2.35
 2014     1             0           0           8               0           0           6.572       0.00     2.35
 2015     1             0           0           7               0           0           6.074       0.00     2.36
 2016     1             0           0           6               0           0           5.631       0.00     2.35

 SUB-TOTAL              0           0         232               0           0         203.274       0.00     2.36
 REMAINDER              0           0          23               0           0          20.026       0.00     2.35
 TOTAL                  0           0         255               0           0         223.300       0.00     2.36

 CUMULATIVE             0           0           0
 ULTIMATE               0           0         255
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>     <C>                <C>     <C>               <C>     <C>         <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0       109,085            0       109,085           0       3,273       105,812
 2004                0           0        81,375            0        81,375           0       2,441        78,934
 2005                0           0        53,989            0        53,989           0       1,619        52,370
 2006                0           0        37,698            0        37,698           0       1,131        36,567
 2007                0           0        27,389            0        27,389           0         822        26,567
 2008                0           0        24,647            0        24,647           0         740        23,907
 2009                0           0        24,320            0        24,320           0         729        23,591
 2010                0           0        22,018            0        22,018           0         661        21,357
 2011                0           0        20,034            0        20,034           0         601        19,433
 2012                0           0        18,310            0        18,310           0         549        17,761
 2013                0           0        16,802            0        16,802           0         504        16,298
 2014                0           0        15,477            0        15,477           0         464        15,013
 2015                0           0        14,305            0        14,305           0         429        13,876
 2016                0           0        13,262            0        13,262           0         398        12,864

 SUB-TOT             0           0       478,711            0       478,711           0      14,361       464,350
 REMAIN              0           0        47,160            0        47,160           0       1,415        45,745
 TOTAL               0           0       525,871            0       525,871           0      15,776       510,095
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>   <C>               <C>     <C>            <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003          5,000           0     250,000           0       255,000       -149,188      -149,188      -135,127
 2004          6,000           0           0           0         6,000         72,934       -76,254        57,106
 2005          6,000           0           0           0         6,000         46,370       -29,884        32,853
 2006          7,200           0           0           0         7,200         29,367          -517        18,832
 2007          7,200           0           0           0         7,200         19,367        18,850        11,242
 2008          7,200           0           0           0         7,200         16,707        35,557         8,728
 2009          7,200           0           0           0         7,200         16,391        51,948         7,779
 2010          7,200           0           0           0         7,200         14,157        66,105         6,082
 2011          7,200           0           0           0         7,200         12,233        78,338         4,757
 2012          7,200           0           0           0         7,200         10,561        88,899         3,718
 2013          7,200           0           0           0         7,200          9,098        97,997         2,899
 2014          7,200           0           0           0         7,200          7,813       105,810         2,254
 2015          7,200           0           0           0         7,200          6,676       112,486         1,744
 2016          7,200           0           0           0         7,200          5,664       118,150         1,339

 SUBTOT       96,200           0     250,000           0       346,200        118,150                      24,206
 REMAIN       30,676           0           0           0        30,676         15,069       133,219         2,842
 TOTAL       126,876           0     250,000           0       376,876        133,219                      27,048

   LIFE OF EVALUATION IS 19.26 YEARS.
   FINAL PRODUCTION RATE: 0.4 MMCF/MO
</TABLE>

<PAGE>




                                 TENGASCO, INC.                        TABLE 281
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   11-T1S-R74E                                              PROVED
     LOCATION #13   (KNOX)                                                             UNDEVELOPED


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>      <C>           <C>            <C>
 INITIAL -   1.000000                      0.875000                             2.35        5.00% -        68,274
 FINAL   -   1.000000                      0.875000                             2.35       10.00% -        27,048
 REMARKS - CAPITAL INCLUDED TO DRILL AND COMPLETE.                                         15.00% -           -68
                                                                                           20.00% -       -18,375
                                                                                           25.00% -       -30,938
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>       <C>               <C>         <C>       <C>           <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003     1             0           0          53               0           0          46.320       0.00     2.35
 2004     1             0           0          39               0           0          34.554       0.00     2.35
 2005     1             0           0          27               0           0          22.925       0.00     2.35
 2006     1             0           0          18               0           0          16.008       0.00     2.35
 2007     1             0           0          13               0           0          11.630       0.00     2.35
 2008     1             0           0          12               0           0          10.466       0.00     2.35
 2009     1             0           0          12               0           0          10.327       0.00     2.36
 2010     1             0           0          11               0           0           9.350       0.00     2.36
 2011     1             0           0           9               0           0           8.507       0.00     2.35
 2012     1             0           0           9               0           0           7.775       0.00     2.36
 2013     1             0           0           8               0           0           7.135       0.00     2.35
 2014     1             0           0           8               0           0           6.572       0.00     2.35
 2015     1             0           0           7               0           0           6.074       0.00     2.36
 2016     1             0           0           6               0           0           5.631       0.00     2.35

 SUB-TOTAL              0           0         232               0           0         203.274       0.00     2.36
 REMAINDER              0           0          23               0           0          20.026       0.00     2.35
 TOTAL                  0           0         255               0           0         223.300       0.00     2.36

 CUMULATIVE             0           0           0
 ULTIMATE               0           0         255
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>     <C>                <C>     <C>               <C>     <C>         <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0       109,085            0       109,085           0       3,273       105,812
 2004                0           0        81,375            0        81,375           0       2,441        78,934
 2005                0           0        53,989            0        53,989           0       1,619        52,370
 2006                0           0        37,698            0        37,698           0       1,131        36,567
 2007                0           0        27,389            0        27,389           0         822        26,567
 2008                0           0        24,647            0        24,647           0         740        23,907
 2009                0           0        24,320            0        24,320           0         729        23,591
 2010                0           0        22,018            0        22,018           0         661        21,357
 2011                0           0        20,034            0        20,034           0         601        19,433
 2012                0           0        18,310            0        18,310           0         549        17,761
 2013                0           0        16,802            0        16,802           0         504        16,298
 2014                0           0        15,477            0        15,477           0         464        15,013
 2015                0           0        14,305            0        14,305           0         429        13,876
 2016                0           0        13,262            0        13,262           0         398        12,864

 SUB-TOT             0           0       478,711            0       478,711           0      14,361       464,350
 REMAIN              0           0        47,160            0        47,160           0       1,415        45,745
 TOTAL               0           0       525,871            0       525,871           0      15,776       510,095
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>   <C>               <C>     <C>            <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003          5,000           0     250,000           0       255,000       -149,188      -149,188      -135,127
 2004          6,000           0           0           0         6,000         72,934       -76,254        57,106
 2005          6,000           0           0           0         6,000         46,370       -29,884        32,853
 2006          7,200           0           0           0         7,200         29,367          -517        18,832
 2007          7,200           0           0           0         7,200         19,367        18,850        11,242
 2008          7,200           0           0           0         7,200         16,707        35,557         8,728
 2009          7,200           0           0           0         7,200         16,391        51,948         7,779
 2010          7,200           0           0           0         7,200         14,157        66,105         6,082
 2011          7,200           0           0           0         7,200         12,233        78,338         4,757
 2012          7,200           0           0           0         7,200         10,561        88,899         3,718
 2013          7,200           0           0           0         7,200          9,098        97,997         2,899
 2014          7,200           0           0           0         7,200          7,813       105,810         2,254
 2015          7,200           0           0           0         7,200          6,676       112,486         1,744
 2016          7,200           0           0           0         7,200          5,664       118,150         1,339

 SUBTOT       96,200           0     250,000           0       346,200        118,150                      24,206
 REMAIN       30,676           0           0           0        30,676         15,069       133,219         2,842
 TOTAL       126,876           0     250,000           0       376,876        133,219                      27,048

   LIFE OF EVALUATION IS 19.26 YEARS.
   FINAL PRODUCTION RATE: 0.4 MMCF/MO
</TABLE>

<PAGE>




                                 TENGASCO, INC.                        TABLE 282
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   11-T1S-R74E                                              PROVED
     LOCATION #14   (KNOX)                                                             UNDEVELOPED


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>      <C>           <C>            <C>
 INITIAL -   1.000000                                                                       5.00% -             0
 FINAL   -   1.000000                                                                      10.00% -             0
 REMARKS - UNECONOMIC AT CURRENT PRICES.                                                   15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE             0           0           0
 ULTIMATE               0           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0
 2016              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0.0 MMCF/MO
</TABLE>

<PAGE>





                                 TENGASCO, INC.                        TABLE 283
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   15-T1S-R75E                                              PROVED
     LOCATION #15   (KNOX)                                                             UNDEVELOPED


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>      <C>           <C>            <C>
 INITIAL -   1.000000                                                                       5.00% -             0
 FINAL   -   1.000000                                                                      10.00% -             0
 REMARKS - UNECONOMIC AT CURRENT PRICES.                                                   15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE             0           0           0
 ULTIMATE               0           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0
 2016              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0.0 MMCF/MO
</TABLE>

<PAGE>




                                 TENGASCO, INC.                        TABLE 284
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   15-T1S-R75E                                              PROVED
     LOCATION #16   (KNOX)                                                             UNDEVELOPED


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>      <C>           <C>            <C>
 INITIAL -   1.000000                                                                       5.00% -             0
 FINAL   -   1.000000                                                                      10.00% -             0
 REMARKS - UNECONOMIC AT CURRENT PRICES.                                                   15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE             0           0           0
 ULTIMATE               0           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0
 2016              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0.0 MMCF/MO
</TABLE>

<PAGE>


                                 TENGASCO, INC.                        TABLE 285
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   16-T1S-R75E                                              PROVED
     LOCATION #17   (KNOX)                                                             UNDEVELOPED


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>      <C>           <C>            <C>
 INITIAL -   1.000000                      0.875000                             2.35        5.00% -       254,476
 FINAL   -   1.000000                      0.875000                             2.35       10.00% -       170,914
 REMARKS - CAPITAL INCLUDED TO DRILL AND COMPLETE.                                         15.00% -       115,924
                                                                                           20.00% -        78,233
                                                                                           25.00% -        51,563
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003     1             0           0          53               0           0          46.201       0.00     2.35
 2004     1             0           0          69               0           0          60.270       0.00     2.36
 2005     1             0           0          44               0           0          39.177       0.00     2.35
 2006     1             0           0          31               0           0          26.933       0.00     2.35
 2007     1             0           0          22               0           0          19.331       0.00     2.35
 2008     1             0           0          18               0           0          15.413       0.00     2.35
 2009     1             0           0          18               0           0          16.031       0.00     2.35
 2010     1             0           0          17               0           0          14.489       0.00     2.36
 2011     1             0           0          15               0           0          13.162       0.00     2.35
 2012     1             0           0          14               0           0          12.012       0.00     2.35
 2013     1             0           0          12               0           0          11.008       0.00     2.35
 2014     1             0           0          12               0           0          10.128       0.00     2.35
 2015     1             0           0          10               0           0           9.350       0.00     2.36
 2016     1             0           0          10               0           0           8.660       0.00     2.35

 SUB-TOTAL              0           0         345               0           0         302.165       0.00     2.36
 REMAINDER              0           0          38               0           0          32.785       0.00     2.35
 TOTAL                  0           0         383               0           0         334.950       0.00     2.36

 CUMULATIVE             0           0           0
 ULTIMATE               0           0         383
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>     <C>                <C>     <C>               <C>     <C>         <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0       108,804            0       108,804           0       3,264       105,540
 2004                0           0       141,936            0       141,936           0       4,258       137,678
 2005                0           0        92,262            0        92,262           0       2,768        89,494
 2006                0           0        63,429            0        63,429           0       1,903        61,526
 2007                0           0        45,523            0        45,523           0       1,366        44,157
 2008                0           0        36,297            0        36,297           0       1,089        35,208
 2009                0           0        37,753            0        37,753           0       1,132        36,621
 2010                0           0        34,121            0        34,121           0       1,024        33,097
 2011                0           0        30,996            0        30,996           0         930        30,066
 2012                0           0        28,287            0        28,287           0         848        27,439
 2013                0           0        25,925            0        25,925           0         778        25,147
 2014                0           0        23,851            0        23,851           0         716        23,135
 2015                0           0        22,019            0        22,019           0         660        21,359
 2016                0           0        20,395            0        20,395           0         612        19,783

 SUB-TOT             0           0       711,598            0       711,598           0      21,348       690,250
 REMAIN              0           0        77,209            0        77,209           0       2,316        74,893
 TOTAL               0           0       788,807            0       788,807           0      23,664       765,143
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>   <C>               <C>     <C>            <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003          3,000           0     250,000           0       253,000       -147,460      -147,460      -128,062
 2004          6,000           0           0           0         6,000        131,678       -15,782       103,107
 2005          6,000           0           0           0         6,000         83,494        67,712        59,154
 2006          7,200           0           0           0         7,200         54,326       122,038        34,833
 2007          7,200           0           0           0         7,200         36,957       158,995        21,445
 2008          7,200           0           0           0         7,200         28,008       187,003        14,660
 2009          7,200           0           0           0         7,200         29,421       216,424        13,961
 2010          7,200           0           0           0         7,200         25,897       242,321        11,124
 2011          7,200           0           0           0         7,200         22,866       265,187         8,891
 2012          7,200           0           0           0         7,200         20,239       285,426         7,123
 2013          7,200           0           0           0         7,200         17,947       303,373         5,718
 2014          7,200           0           0           0         7,200         15,935       319,308         4,595
 2015          7,200           0           0           0         7,200         14,159       333,467         3,697
 2016          7,200           0           0           0         7,200         12,583       346,050         2,973

 SUBTOT       94,200           0     250,000           0       344,200        346,050                     163,219
 REMAIN       33,076           0           0           0        33,076         41,817       387,867         7,695
 TOTAL       127,276           0     250,000           0       377,276        387,867                     170,914

   LIFE OF EVALUATION IS 19.59 YEARS.
   FINAL PRODUCTION RATE: 0.6 MMCF/MO
</TABLE>

<PAGE>

                                 TENGASCO, INC.                        TABLE 286
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   7-T1S-R75E                                               PROVED
     LOCATION #19   (KNOX)                                                             UNDEVELOPED


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>      <C>           <C>            <C>
 INITIAL -   1.000000                      0.875000                             2.35        5.00% -        66,823
 FINAL   -   1.000000                      0.875000                             2.35       10.00% -        25,900
 REMARKS - CAPITAL INCLUDED TO DRILL AND COMPLETE.                                         15.00% -          -280
                                                                                           20.00% -       -17,375
                                                                                           25.00% -       -28,632
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>       <C>               <C>         <C>       <C>           <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003     1             0           0          35               0           0          30.801       0.00     2.35
 2004     1             0           0          46               0           0          40.180       0.00     2.35
 2005     1             0           0          30               0           0          26.118       0.00     2.35
 2006     1             0           0          20               0           0          17.956       0.00     2.35
 2007     1             0           0          15               0           0          12.887       0.00     2.35
 2008     1             0           0          12               0           0          10.275       0.00     2.35
 2009     1             0           0          12               0           0          10.687       0.00     2.35
 2010     1             0           0          11               0           0           9.659       0.00     2.35
 2011     1             0           0          10               0           0           8.774       0.00     2.35
 2012     1             0           0           9               0           0           8.008       0.00     2.35
 2013     1             0           0           9               0           0           7.339       0.00     2.36
 2014     1             0           0           7               0           0           6.752       0.00     2.35
 2015     1             0           0           8               0           0           6.233       0.00     2.35
 2016     1             0           0           6               0           0           5.773       0.00     2.35

 SUB-TOTAL              0           0         230               0           0         201.442       0.00     2.35
 REMAINDER              0           0          25               0           0          21.857       0.00     2.35
 TOTAL                  0           0         255               0           0         223.299       0.00     2.35

 CUMULATIVE             0           0           0
 ULTIMATE               0           0         255
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>      <C>               <C>      <C>              <C>     <C>          <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0        72,536            0        72,536           0       2,176        70,360
 2004                0           0        94,624            0        94,624           0       2,839        91,785
 2005                0           0        61,508            0        61,508           0       1,845        59,663
 2006                0           0        42,286            0        42,286           0       1,269        41,017
 2007                0           0        30,349            0        30,349           0         910        29,439
 2008                0           0        24,198            0        24,198           0         726        23,472
 2009                0           0        25,169            0        25,169           0         755        24,414
 2010                0           0        22,747            0        22,747           0         682        22,065
 2011                0           0        20,663            0        20,663           0         620        20,043
 2012                0           0        18,859            0        18,859           0         566        18,293
 2013                0           0        17,283            0        17,283           0         519        16,764
 2014                0           0        15,901            0        15,901           0         477        15,424
 2015                0           0        14,679            0        14,679           0         440        14,239
 2016                0           0        13,597            0        13,597           0         408        13,189

 SUB-TOT             0           0       474,399            0       474,399           0      14,232       460,167
 REMAIN              0           0        51,472            0        51,472           0       1,544        49,928
 TOTAL               0           0       525,871            0       525,871           0      15,776       510,095
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>   <C>               <C>     <C>            <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003          3,000           0     250,000           0       253,000       -182,640      -182,640      -157,688
 2004          6,000           0           0           0         6,000         85,785       -96,855        67,178
 2005          6,000           0           0           0         6,000         53,663       -43,192        38,025
 2006          7,200           0           0           0         7,200         33,817        -9,375        21,687
 2007          7,200           0           0           0         7,200         22,239        12,864        12,909
 2008          7,200           0           0           0         7,200         16,272        29,136         8,517
 2009          7,200           0           0           0         7,200         17,214        46,350         8,169
 2010          7,200           0           0           0         7,200         14,865        61,215         6,387
 2011          7,200           0           0           0         7,200         12,843        74,058         4,994
 2012          7,200           0           0           0         7,200         11,093        85,151         3,905
 2013          7,200           0           0           0         7,200          9,564        94,715         3,048
 2014          7,200           0           0           0         7,200          8,224       102,939         2,372
 2015          7,200           0           0           0         7,200          7,039       109,978         1,839
 2016          7,200           0           0           0         7,200          5,989       115,967         1,415

 SUBTOT       94,200           0     250,000           0       344,200        115,967                      22,757
 REMAIN       33,076           0           0           0        33,076         16,852       132,819         3,143
 TOTAL       127,276           0     250,000           0       377,276        132,819                      25,900

   LIFE OF EVALUATION IS 19.59 YEARS.
   FINAL PRODUCTION RATE: 0.4 MMCF/MO
</TABLE>

<PAGE>





                                 TENGASCO, INC.                        TABLE 287
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   7-T1S-R75E                                               PROVED
     LOCATION #20   (KNOX)                                                             UNDEVELOPED


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>      <C>           <C>            <C>
 INITIAL -   1.000000                      0.875000                             2.35        5.00% -        66,823
 FINAL   -   1.000000                      0.875000                             2.35       10.00% -        25,900
 REMARKS - CAPITAL INCLUDED TO DRILL AND COMPLETE.                                         15.00% -          -280
                                                                                           20.00% -       -17,375
                                                                                           25.00% -       -28,632
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>        <C>              <C>         <C>        <C>          <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003     1             0           0          35               0           0          30.801       0.00     2.35
 2004     1             0           0          46               0           0          40.180       0.00     2.35
 2005     1             0           0          30               0           0          26.118       0.00     2.35
 2006     1             0           0          20               0           0          17.956       0.00     2.35
 2007     1             0           0          15               0           0          12.887       0.00     2.35
 2008     1             0           0          12               0           0          10.275       0.00     2.35
 2009     1             0           0          12               0           0          10.687       0.00     2.35
 2010     1             0           0          11               0           0           9.659       0.00     2.35
 2011     1             0           0          10               0           0           8.774       0.00     2.35
 2012     1             0           0           9               0           0           8.008       0.00     2.35
 2013     1             0           0           9               0           0           7.339       0.00     2.36
 2014     1             0           0           7               0           0           6.752       0.00     2.35
 2015     1             0           0           8               0           0           6.233       0.00     2.35
 2016     1             0           0           6               0           0           5.773       0.00     2.35

 SUB-TOTAL              0           0         230               0           0         201.442       0.00     2.35
 REMAINDER              0           0          25               0           0          21.857       0.00     2.35
 TOTAL                  0           0         255               0           0         223.299       0.00     2.35

 CUMULATIVE             0           0           0
 ULTIMATE               0           0         255
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>     <C>                <C>     <C>               <C>    <C>          <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0        72,536            0        72,536           0       2,176        70,360
 2004                0           0        94,624            0        94,624           0       2,839        91,785
 2005                0           0        61,508            0        61,508           0       1,845        59,663
 2006                0           0        42,286            0        42,286           0       1,269        41,017
 2007                0           0        30,349            0        30,349           0         910        29,439
 2008                0           0        24,198            0        24,198           0         726        23,472
 2009                0           0        25,169            0        25,169           0         755        24,414
 2010                0           0        22,747            0        22,747           0         682        22,065
 2011                0           0        20,663            0        20,663           0         620        20,043
 2012                0           0        18,859            0        18,859           0         566        18,293
 2013                0           0        17,283            0        17,283           0         519        16,764
 2014                0           0        15,901            0        15,901           0         477        15,424
 2015                0           0        14,679            0        14,679           0         440        14,239
 2016                0           0        13,597            0        13,597           0         408        13,189

 SUB-TOT             0           0       474,399            0       474,399           0      14,232       460,167
 REMAIN              0           0        51,472            0        51,472           0       1,544        49,928
 TOTAL               0           0       525,871            0       525,871           0      15,776       510,095
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>   <C>               <C>     <C>            <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003          3,000           0     250,000           0       253,000       -182,640      -182,640      -157,688
 2004          6,000           0           0           0         6,000         85,785       -96,855        67,178
 2005          6,000           0           0           0         6,000         53,663       -43,192        38,025
 2006          7,200           0           0           0         7,200         33,817        -9,375        21,687
 2007          7,200           0           0           0         7,200         22,239        12,864        12,909
 2008          7,200           0           0           0         7,200         16,272        29,136         8,517
 2009          7,200           0           0           0         7,200         17,214        46,350         8,169
 2010          7,200           0           0           0         7,200         14,865        61,215         6,387
 2011          7,200           0           0           0         7,200         12,843        74,058         4,994
 2012          7,200           0           0           0         7,200         11,093        85,151         3,905
 2013          7,200           0           0           0         7,200          9,564        94,715         3,048
 2014          7,200           0           0           0         7,200          8,224       102,939         2,372
 2015          7,200           0           0           0         7,200          7,039       109,978         1,839
 2016          7,200           0           0           0         7,200          5,989       115,967         1,415

 SUBTOT       94,200           0     250,000           0       344,200        115,967                      22,757
 REMAIN       33,076           0           0           0        33,076         16,852       132,819         3,143
 TOTAL       127,276           0     250,000           0       377,276        132,819                      25,900

   LIFE OF EVALUATION IS 19.59 YEARS.
   FINAL PRODUCTION RATE: 0.4 MMCF/MO

</TABLE>

<PAGE>



                                 TENGASCO, INC.                        TABLE 288
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   4-T1S-R75E                                               PROVED
     LOCATION #24   (KNOX)                                                             UNDEVELOPED


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>      <C>           <C>            <C>
 INITIAL -   1.000000                                                                       5.00% -             0
 FINAL   -   1.000000                                                                      10.00% -             0
 REMARKS - UNECONOMIC AT CURRENT PRICES.                                                   15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>


<TABLE>
<CAPTION>
                ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE             0           0           0
 ULTIMATE               0           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0
 2016              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0.0 MMCF/MO
</TABLE>

<PAGE>




                                 TENGASCO, INC.                        TABLE 289
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   4-T1S-R75E                                               PROVED
     LOCATION #25   (KNOX)                                                             UNDEVELOPED


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>      <C>           <C>            <C>
 INITIAL -   1.000000                                                                       5.00% -             0
 FINAL   -   1.000000                                                                      10.00% -             0
 REMARKS - UNECONOMIC AT CURRENT PRICES.                                                   15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE             0           0           0
 ULTIMATE               0           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0
 2016              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0.0 MMCF/MO
</TABLE>

<PAGE>





                                 TENGASCO, INC.                        TABLE 290
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   4-T1S-R75E                                               PROVED
     LOCATION #26   (KNOX)                                                             UNDEVELOPED


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>      <C>           <C>            <C>
 INITIAL -   1.000000                                                                       5.00% -             0
 FINAL   -   1.000000                                                                      10.00% -             0
 REMARKS - UNECONOMIC AT CURRENT PRICES.                                                   15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE             0           0           0
 ULTIMATE               0           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0
 2016              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0.0 MMCF/MO
</TABLE>

<PAGE>



                                 TENGASCO, INC.                        TABLE 291
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   7-T1S-R75E                                               PROVED
     LOCATION #27   (KNOX)                                                             UNDEVELOPED


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>      <C>           <C>            <C>
 INITIAL -   1.000000                                                                       5.00% -             0
 FINAL   -   1.000000                                                                      10.00% -             0
 REMARKS - UNECONOMIC AT CURRENT PRICES.                                                   15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE             0           0           0
 ULTIMATE               0           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0
 2016              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0.0 MMCF/MO
</TABLE>

<PAGE>



                                 TENGASCO, INC.                        TABLE 292
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   7-T1S-R75E                                               PROVED
     LOCATION #29   (KNOX)                                                             UNDEVELOPED


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>      <C>           <C>            <C>
 INITIAL -   1.000000                                                                       5.00% -             0
 FINAL   -   1.000000                                                                      10.00% -             0
 REMARKS - UNECONOMIC AT CURRENT PRICES.                                                   15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE             0           0           0
 ULTIMATE               0           0           0
</TABLE>


<TABLE>
<CAPTION>

                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0
 2016              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0.0 MMCF/MO
</TABLE>

<PAGE>



                                 TENGASCO, INC.                        TABLE 293
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   10-T1S-R74E                                              PROVED
     LOCATION #32   (KNOX)                                                             UNDEVELOPED


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>      <C>           <C>            <C>
 INITIAL -   1.000000                                                                       5.00% -             0
 FINAL   -   1.000000                                                                      10.00% -             0
 REMARKS - UNECONOMIC AT CURRENT PRICES.                                                   15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>


<TABLE>
<CAPTION>
                ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE             0           0           0
 ULTIMATE               0           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0
 2016              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0.0 MMCF/MO
</TABLE>

<PAGE>



                                 TENGASCO, INC.                        TABLE 294
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   10-T1S-R74E                                              PROVED
     LOCATION #33   (KNOX)                                                             UNDEVELOPED


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>      <C>           <C>            <C>
 INITIAL -   1.000000                      0.875000                             2.35        5.00% -       299,988
 FINAL   -   1.000000                      0.875000                             2.35       10.00% -       200,146
 REMARKS - CAPITAL INCLUDED TO DRILL AND COMPLETE.                                         15.00% -       136,117
                                                                                           20.00% -        93,347
                                                                                           25.00% -        63,858
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>        <C>              <C>         <C>        <C>          <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004     1             0           0          87               0           0          76.432       0.00     2.35
 2005     1             0           0          66               0           0          57.017       0.00     2.35
 2006     1             0           0          43               0           0          37.829       0.00     2.36
 2007     1             0           0          30               0           0          26.414       0.00     2.36
 2008     1             0           0          22               0           0          19.191       0.00     2.36
 2009     1             0           0          20               0           0          17.270       0.00     2.35
 2010     1             0           0          19               0           0          17.040       0.00     2.35
 2011     1             0           0          18               0           0          15.428       0.00     2.35
 2012     1             0           0          16               0           0          14.037       0.00     2.35
 2013     1             0           0          14               0           0          12.829       0.00     2.35
 2014     1             0           0          14               0           0          11.773       0.00     2.36
 2015     1             0           0          12               0           0          10.844       0.00     2.35
 2016     1             0           0          12               0           0          10.023       0.00     2.35

 SUB-TOTAL              0           0         373               0           0         326.127       0.00     2.36
 REMAINDER              0           0          48               0           0          42.336       0.00     2.35
 TOTAL                  0           0         421               0           0         368.463       0.00     2.36

 CUMULATIVE             0           0           0
 ULTIMATE               0           0         421
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>     <C>                <C>     <C>               <C>     <C>         <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0       179,998            0       179,998           0       5,400       174,598
 2005                0           0       134,275            0       134,275           0       4,028       130,247
 2006                0           0        89,087            0        89,087           0       2,673        86,414
 2007                0           0        62,205            0        62,205           0       1,866        60,339
 2008                0           0        45,194            0        45,194           0       1,356        43,838
 2009                0           0        40,670            0        40,670           0       1,220        39,450
 2010                0           0        40,129            0        40,129           0       1,204        38,925
 2011                0           0        36,332            0        36,332           0       1,090        35,242
 2012                0           0        33,057            0        33,057           0         991        32,066
 2013                0           0        30,213            0        30,213           0         907        29,306
 2014                0           0        27,725            0        27,725           0         832        26,893
 2015                0           0        25,538            0        25,538           0         766        24,772
 2016                0           0        23,604            0        23,604           0         708        22,896

 SUB-TOT             0           0       768,027            0       768,027           0      23,041       744,986
 REMAIN              0           0        99,702            0        99,702           0       2,991        96,711
 TOTAL               0           0       867,729            0       867,729           0      26,032       841,697
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>           <C>              <C>   <C>               <C>     <C>            <C>                         <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004          5,000           0     250,000           0       255,000        -80,402       -80,402       -68,886
 2005          6,000           0           0           0         6,000        124,247        43,845        88,050
 2006          7,200           0           0           0         7,200         79,214       123,059        50,798
 2007          7,200           0           0           0         7,200         53,139       176,198        30,838
 2008          7,200           0           0           0         7,200         36,638       212,836        19,243
 2009          7,200           0           0           0         7,200         32,250       245,086        15,255
 2010          7,200           0           0           0         7,200         31,725       276,811        13,627
 2011          7,200           0           0           0         7,200         28,042       304,853        10,903
 2012          7,200           0           0           0         7,200         24,866       329,719         8,752
 2013          7,200           0           0           0         7,200         22,106       351,825         7,043
 2014          7,200           0           0           0         7,200         19,693       371,518         5,679
 2015          7,200           0           0           0         7,200         17,572       389,090         4,587
 2016          7,200           0           0           0         7,200         15,696       404,786         3,709

 SUBTOT       90,200           0     250,000           0       340,200        404,786                     189,598
 REMAIN       37,876           0           0           0        37,876         58,835       463,621        10,548
 TOTAL       128,076           0     250,000           0       378,076        463,621                     200,146

   LIFE OF EVALUATION IS 20.26 YEARS.
   FINAL PRODUCTION RATE: 0.6 MMCF/MO
</TABLE>

<PAGE>



                                 TENGASCO, INC.                        TABLE 295
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   10-T1S-R74E                                              PROVED
     LOCATION #34   (KNOX)                                                             UNDEVELOPED


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>      <C>           <C>            <C>
 INITIAL -   1.000000                      0.875000                             2.35        5.00% -       245,506
 FINAL   -   1.000000                      0.875000                             2.35       10.00% -       159,415
 REMARKS - CAPITAL INCLUDED TO DRILL AND COMPLETE.                                         15.00% -       104,538
                                                                                           20.00% -        68,204
                                                                                           25.00% -        43,448
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>       <C>               <C>         <C>       <C>           <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004     1             0           0          79               0           0          69.481       0.00     2.35
 2005     1             0           0          60               0           0          51.831       0.00     2.36
 2006     1             0           0          39               0           0          34.388       0.00     2.36
 2007     1             0           0          27               0           0          24.011       0.00     2.35
 2008     1             0           0          20               0           0          17.445       0.00     2.35
 2009     1             0           0          18               0           0          15.699       0.00     2.36
 2010     1             0           0          18               0           0          15.490       0.00     2.35
 2011     1             0           0          16               0           0          14.024       0.00     2.36
 2012     1             0           0          15               0           0          12.760       0.00     2.35
 2013     1             0           0          13               0           0          11.662       0.00     2.36
 2014     1             0           0          12               0           0          10.702       0.00     2.35
 2015     1             0           0          11               0           0           9.858       0.00     2.35
 2016     1             0           0          11               0           0           9.111       0.00     2.35

 SUB-TOTAL              0           0         339               0           0         296.462       0.00     2.35
 REMAINDER              0           0          44               0           0          38.486       0.00     2.35
 TOTAL                  0           0         383               0           0         334.948       0.00     2.35

 CUMULATIVE             0           0           0
 ULTIMATE               0           0         383
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>     <C>                <C>     <C>               <C>     <C>         <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0       163,627            0       163,627           0       4,909       158,718
 2005                0           0       122,062            0       122,062           0       3,662       118,400
 2006                0           0        80,985            0        80,985           0       2,429        78,556
 2007                0           0        56,547            0        56,547           0       1,697        54,850
 2008                0           0        41,083            0        41,083           0       1,232        39,851
 2009                0           0        36,971            0        36,971           0       1,109        35,862
 2010                0           0        36,479            0        36,479           0       1,095        35,384
 2011                0           0        33,028            0        33,028           0         990        32,038
 2012                0           0        30,050            0        30,050           0         902        29,148
 2013                0           0        27,465            0        27,465           0         824        26,641
 2014                0           0        25,204            0        25,204           0         756        24,448
 2015                0           0        23,215            0        23,215           0         696        22,519
 2016                0           0        21,457            0        21,457           0         644        20,813

 SUB-TOT             0           0       698,173            0       698,173           0      20,945       677,228
 REMAIN              0           0        90,634            0        90,634           0       2,719        87,915
 TOTAL               0           0       788,807            0       788,807           0      23,664       765,143
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>   <C>               <C>     <C>             <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004          5,000           0     250,000           0       255,000        -96,282       -96,282       -81,221
 2005          6,000           0           0           0         6,000        112,400        16,118        79,656
 2006          7,200           0           0           0         7,200         71,356        87,474        45,759
 2007          7,200           0           0           0         7,200         47,650       135,124        27,654
 2008          7,200           0           0           0         7,200         32,651       167,775        17,150
 2009          7,200           0           0           0         7,200         28,662       196,437        13,557
 2010          7,200           0           0           0         7,200         28,184       224,621        12,107
 2011          7,200           0           0           0         7,200         24,838       249,459         9,658
 2012          7,200           0           0           0         7,200         21,948       271,407         7,724
 2013          7,200           0           0           0         7,200         19,441       290,848         6,194
 2014          7,200           0           0           0         7,200         17,248       308,096         4,974
 2015          7,200           0           0           0         7,200         15,319       323,415         4,000
 2016          7,200           0           0           0         7,200         13,613       337,028         3,216

 SUBTOT       90,200           0     250,000           0       340,200        337,028                     150,428
 REMAIN       37,876           0           0           0        37,876         50,039       387,067         8,987
 TOTAL       128,076           0     250,000           0       378,076        387,067                     159,415

   LIFE OF EVALUATION IS 20.26 YEARS.
   FINAL PRODUCTION RATE: 0.6 MMCF/MO
</TABLE>

<PAGE>




                                 TENGASCO, INC.                        TABLE 296
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   10-T1S-R74E                                              PROVED
     LOCATION #35   (KNOX)                                                             UNDEVELOPED


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>      <C>           <C>            <C>
 INITIAL -   1.000000                      0.875000                             2.35        5.00% -       241,132
 FINAL   -   1.000000                      0.875000                             2.35       10.00% -       153,946
 REMARKS - CAPITAL INCLUDED TO DRILL AND COMPLETE.                                         15.00% -        99,255
                                                                                           20.00% -        63,665
                                                                                           25.00% -        39,865
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>       <C>               <C>         <C>       <C>           <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004     1             0           0          53               0           0          46.201       0.00     2.35
 2005     1             0           0          69               0           0          60.270       0.00     2.36
 2006     1             0           0          44               0           0          39.177       0.00     2.35
 2007     1             0           0          31               0           0          26.933       0.00     2.35
 2008     1             0           0          22               0           0          19.331       0.00     2.35
 2009     1             0           0          18               0           0          15.413       0.00     2.35
 2010     1             0           0          18               0           0          16.031       0.00     2.35
 2011     1             0           0          17               0           0          14.489       0.00     2.36
 2012     1             0           0          15               0           0          13.162       0.00     2.35
 2013     1             0           0          14               0           0          12.012       0.00     2.35
 2014     1             0           0          12               0           0          11.008       0.00     2.35
 2015     1             0           0          12               0           0          10.128       0.00     2.35
 2016     1             0           0          10               0           0           9.350       0.00     2.36

 SUB-TOTAL              0           0         335               0           0         293.505       0.00     2.35
 REMAINDER              0           0          48               0           0          41.445       0.00     2.35
 TOTAL                  0           0         383               0           0         334.950       0.00     2.35

 CUMULATIVE             0           0           0
 ULTIMATE               0           0         383
</TABLE>


<TABLE>
<CAPTION>
                     COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>     <C>                <C>     <C>               <C>     <C>         <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0       108,804            0       108,804           0       3,264       105,540
 2005                0           0       141,936            0       141,936           0       4,258       137,678
 2006                0           0        92,262            0        92,262           0       2,768        89,494
 2007                0           0        63,429            0        63,429           0       1,903        61,526
 2008                0           0        45,523            0        45,523           0       1,366        44,157
 2009                0           0        36,297            0        36,297           0       1,089        35,208
 2010                0           0        37,753            0        37,753           0       1,132        36,621
 2011                0           0        34,121            0        34,121           0       1,024        33,097
 2012                0           0        30,996            0        30,996           0         930        30,066
 2013                0           0        28,287            0        28,287           0         848        27,439
 2014                0           0        25,925            0        25,925           0         778        25,147
 2015                0           0        23,851            0        23,851           0         716        23,135
 2016                0           0        22,019            0        22,019           0         660        21,359

 SUB-TOT             0           0       691,203            0       691,203           0      20,736       670,467
 REMAIN              0           0        97,604            0        97,604           0       2,928        94,676
 TOTAL               0           0       788,807            0       788,807           0      23,664       765,143

</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>   <C>               <C>     <C>            <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004          3,000           0     250,000           0       253,000       -147,460      -147,460      -115,923
 2005          6,000           0           0           0         6,000        131,678       -15,782        93,334
 2006          7,200           0           0           0         7,200         82,294        66,512        52,780
 2007          7,200           0           0           0         7,200         54,326       120,838        31,530
 2008          7,200           0           0           0         7,200         36,957       157,795        19,413
 2009          7,200           0           0           0         7,200         28,008       185,803        13,270
 2010          7,200           0           0           0         7,200         29,421       215,224        12,638
 2011          7,200           0           0           0         7,200         25,897       241,121        10,070
 2012          7,200           0           0           0         7,200         22,866       263,987         8,048
 2013          7,200           0           0           0         7,200         20,239       284,226         6,448
 2014          7,200           0           0           0         7,200         17,947       302,173         5,176
 2015          7,200           0           0           0         7,200         15,935       318,108         4,160
 2016          7,200           0           0           0         7,200         14,159       332,267         3,346

 SUBTOT       88,200           0     250,000           0       338,200        332,267                     144,290
 REMAIN       40,276           0           0           0        40,276         54,400       386,667         9,656
 TOTAL       128,476           0     250,000           0       378,476        386,667                     153,946

   LIFE OF EVALUATION IS 20.59 YEARS.
   FINAL PRODUCTION RATE: 0.6 MMCF/MO
</TABLE>

<PAGE>





                                 TENGASCO, INC.                        TABLE 297
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   10-T1S-R74E                                              PROVED
     LOCATION #36   (KNOX)                                                             UNDEVELOPED


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>      <C>           <C>            <C>
 INITIAL -   1.000000                      0.875000                             2.35        5.00% -       419,791
 FINAL   -   1.000000                      0.875000                             2.35       10.00% -       285,317
 REMARKS - CAPITAL INCLUDED TO DRILL AND COMPLETE.                                         15.00% -       199,444
                                                                                           20.00% -       142,133
                                                                                           25.00% -       102,531
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>        <C>              <C>         <C>        <C>          <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004     1             0           0          70               0           0          61.614       0.00     2.35
 2005     1             0           0          92               0           0          80.376       0.00     2.35
 2006     1             0           0          60               0           0          52.247       0.00     2.36
 2007     1             0           0          41               0           0          35.918       0.00     2.36
 2008     1             0           0          29               0           0          25.779       0.00     2.35
 2009     1             0           0          24               0           0          20.554       0.00     2.35
 2010     1             0           0          24               0           0          21.379       0.00     2.35
 2011     1             0           0          23               0           0          19.322       0.00     2.35
 2012     1             0           0          20               0           0          17.552       0.00     2.35
 2013     1             0           0          18               0           0          16.019       0.00     2.35
 2014     1             0           0          17               0           0          14.681       0.00     2.36
 2015     1             0           0          15               0           0          13.506       0.00     2.35
 2016     1             0           0          14               0           0          12.469       0.00     2.36

 SUB-TOTAL              0           0         447               0           0         391.416       0.00     2.35
 REMAINDER              0           0          63               0           0          55.271       0.00     2.36
 TOTAL                  0           0         510               0           0         446.687       0.00     2.35

 CUMULATIVE             0           0           0
 ULTIMATE               0           0         510
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>     <C>                <C>     <C>               <C>     <C>         <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0       145,100            0       145,100           0       4,353       140,747
 2005                0           0       189,285            0       189,285           0       5,679       183,606
 2006                0           0       123,041            0       123,041           0       3,691       119,350
 2007                0           0        84,588            0        84,588           0       2,537        82,051
 2008                0           0        60,710            0        60,710           0       1,822        58,888
 2009                0           0        48,406            0        48,406           0       1,452        46,954
 2010                0           0        50,346            0        50,346           0       1,510        48,836
 2011                0           0        45,503            0        45,503           0       1,365        44,138
 2012                0           0        41,336            0        41,336           0       1,240        40,096
 2013                0           0        37,725            0        37,725           0       1,132        36,593
 2014                0           0        34,573            0        34,573           0       1,037        33,536
 2015                0           0        31,807            0        31,807           0         955        30,852
 2016                0           0        29,365            0        29,365           0         881        28,484

 SUB-TOT             0           0       921,785            0       921,785           0      27,654       894,131
 REMAIN              0           0       130,164            0       130,164           0       3,904       126,260
 TOTAL               0           0     1,051,949            0     1,051,949           0      31,558     1,020,391
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>   <C>               <C>     <C>            <C>           <C>            <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004          3,000           0     250,000           0       253,000       -112,253      -112,253       -89,085
 2005          6,000           0           0           0         6,000        177,606        65,353       125,883
 2006          7,200           0           0           0         7,200        112,150       177,503        71,923
 2007          7,200           0           0           0         7,200         74,851       252,354        43,438
 2008          7,200           0           0           0         7,200         51,688       304,042        27,147
 2009          7,200           0           0           0         7,200         39,754       343,796        18,836
 2010          7,200           0           0           0         7,200         41,636       385,432        17,884
 2011          7,200           0           0           0         7,200         36,938       422,370        14,361
 2012          7,200           0           0           0         7,200         32,896       455,266        11,578
 2013          7,200           0           0           0         7,200         29,393       484,659         9,363
 2014          7,200           0           0           0         7,200         26,336       510,995         7,595
 2015          7,200           0           0           0         7,200         23,652       534,647         6,174
 2016          7,200           0           0           0         7,200         21,284       555,931         5,029

 SUBTOT       88,200           0     250,000           0       338,200        555,931                     270,126
 REMAIN       40,276           0           0           0        40,276         85,984       641,915        15,191
 TOTAL       128,476           0     250,000           0       378,476        641,915                     285,317

   LIFE OF EVALUATION IS 20.59 YEARS.
   FINAL PRODUCTION RATE: 0.8 MMCF/MO
</TABLE>

<PAGE>


                                 TENGASCO, INC.                        TABLE 298
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   9-T1S-R74E                                               PROVED
     LOCATION #38   (KNOX)                                                             UNDEVELOPED


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>      <C>           <C>            <C>
 INITIAL -   1.000000                      0.875000                             2.35        5.00% -       151,872
 FINAL   -   1.000000                      0.875000                             2.35       10.00% -        88,312
 REMARKS - CAPITAL INCLUDED TO DRILL AND COMPLETE.                                         15.00% -        49,200
                                                                                           20.00% -        24,462
                                                                                           25.00% -         8,557
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>        <C>              <C>         <C>        <C>          <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004     1             0           0          44               0           0          38.501       0.00     2.35
 2005     1             0           0          57               0           0          50.225       0.00     2.35
 2006     1             0           0          38               0           0          32.648       0.00     2.35
 2007     1             0           0          25               0           0          22.445       0.00     2.35
 2008     1             0           0          19               0           0          16.109       0.00     2.35
 2009     1             0           0          14               0           0          12.844       0.00     2.35
 2010     1             0           0          16               0           0          13.359       0.00     2.35
 2011     1             0           0          14               0           0          12.074       0.00     2.35
 2012     1             0           0          12               0           0          10.968       0.00     2.35
 2013     1             0           0          11               0           0          10.010       0.00     2.35
 2014     1             0           0          11               0           0           9.174       0.00     2.35
 2015     1             0           0          10               0           0           8.440       0.00     2.36
 2016     1             0           0           9               0           0           7.792       0.00     2.35

 SUB-TOTAL              0           0         280               0           0         244.589       0.00     2.35
 REMAINDER              0           0          39               0           0          34.538       0.00     2.36
 TOTAL                  0           0         319               0           0         279.127       0.00     2.35

 CUMULATIVE             0           0           0
 ULTIMATE               0           0         319
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>     <C>                <C>     <C>               <C>     <C>         <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0        90,670            0        90,670           0       2,720        87,950
 2005                0           0       118,280            0       118,280           0       3,548       114,732
 2006                0           0        76,885            0        76,885           0       2,307        74,578
 2007                0           0        52,857            0        52,857           0       1,586        51,271
 2008                0           0        37,937            0        37,937           0       1,138        36,799
 2009                0           0        30,247            0        30,247           0         907        29,340
 2010                0           0        31,461            0        31,461           0         944        30,517
 2011                0           0        28,434            0        28,434           0         853        27,581
 2012                0           0        25,830            0        25,830           0         775        25,055
 2013                0           0        23,573            0        23,573           0         707        22,866
 2014                0           0        21,604            0        21,604           0         648        20,956
 2015                0           0        19,875            0        19,875           0         597        19,278
 2016                0           0        18,350            0        18,350           0         550        17,800

 SUB-TOT             0           0       576,003            0       576,003           0      17,280       558,723
 REMAIN              0           0        81,336            0        81,336           0       2,440        78,896
 TOTAL               0           0       657,339            0       657,339           0      19,720       637,619
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>   <C>               <C>     <C>            <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004          3,000           0     250,000           0       253,000       -165,050      -165,050      -129,332
 2005          6,000           0           0           0         6,000        108,732       -56,318        77,072
 2006          7,200           0           0           0         7,200         67,378        11,060        43,217
 2007          7,200           0           0           0         7,200         44,071        55,131        25,581
 2008          7,200           0           0           0         7,200         29,599        84,730        15,549
 2009          7,200           0           0           0         7,200         22,140       106,870        10,490
 2010          7,200           0           0           0         7,200         23,317       130,187        10,016
 2011          7,200           0           0           0         7,200         20,381       150,568         7,926
 2012          7,200           0           0           0         7,200         17,855       168,423         6,284
 2013          7,200           0           0           0         7,200         15,666       184,089         4,992
 2014          7,200           0           0           0         7,200         13,756       197,845         3,967
 2015          7,200           0           0           0         7,200         12,078       209,923         3,154
 2016          7,200           0           0           0         7,200         10,600       220,523         2,505

 SUBTOT       88,200           0     250,000           0       338,200        220,523                      81,421
 REMAIN       40,276           0           0           0        40,276         38,620       259,143         6,891
 TOTAL       128,476           0     250,000           0       378,476        259,143                      88,312

   LIFE OF EVALUATION IS 20.59 YEARS.
   FINAL PRODUCTION RATE: 0.5 MMCF/MO
</TABLE>

<PAGE>


                                 TENGASCO, INC.                        TABLE 299
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   9-T1S-R74E                                               PROVED
     LOCATION #39   (KNOX)                                                             UNDEVELOPED


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>      <C>           <C>            <C>
 INITIAL -   1.000000                      0.875000                             2.35        5.00% -       205,456
 FINAL   -   1.000000                      0.875000                             2.35       10.00% -       127,713
 REMARKS - CAPITAL INCLUDED TO DRILL AND COMPLETE.                                         15.00% -        79,249
                                                                                           20.00% -        47,996
                                                                                           25.00% -        27,352
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>       <C>               <C>         <C>       <C>           <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004     1             0           0          49               0           0          43.124       0.00     2.35
 2005     1             0           0          65               0           0          56.255       0.00     2.35
 2006     1             0           0          41               0           0          36.568       0.00     2.36
 2007     1             0           0          29               0           0          25.139       0.00     2.35
 2008     1             0           0          21               0           0          18.043       0.00     2.35
 2009     1             0           0          16               0           0          14.386       0.00     2.35
 2010     1             0           0          17               0           0          14.963       0.00     2.35
 2011     1             0           0          16               0           0          13.523       0.00     2.35
 2012     1             0           0          14               0           0          12.285       0.00     2.35
 2013     1             0           0          13               0           0          11.212       0.00     2.36
 2014     1             0           0          11               0           0          10.275       0.00     2.35
 2015     1             0           0          11               0           0           9.453       0.00     2.36
 2016     1             0           0          10               0           0           8.727       0.00     2.35

 SUB-TOTAL              0           0         313               0           0         273.953       0.00     2.35
 REMAINDER              0           0          44               0           0          38.684       0.00     2.35
 TOTAL                  0           0         357               0           0         312.637       0.00     2.35

 CUMULATIVE             0           0           0
 ULTIMATE               0           0         357
</TABLE>


<TABLE>
<CAPTION>
                     COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>     <C>                <C>     <C>               <C>     <C>          <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0       101,556            0       101,556           0       3,047        98,509
 2005                0           0       132,481            0       132,481           0       3,974       128,507
 2006                0           0        86,116            0        86,116           0       2,584        83,532
 2007                0           0        59,204            0        59,204           0       1,776        57,428
 2008                0           0        42,491            0        42,491           0       1,274        41,217
 2009                0           0        33,879            0        33,879           0       1,017        32,862
 2010                0           0        35,238            0        35,238           0       1,057        34,181
 2011                0           0        31,847            0        31,847           0         955        30,892
 2012                0           0        28,931            0        28,931           0         868        28,063
 2013                0           0        26,404            0        26,404           0         792        25,612
 2014                0           0        24,198            0        24,198           0         726        23,472
 2015                0           0        22,262            0        22,262           0         668        21,594
 2016                0           0        20,552            0        20,552           0         617        19,935

 SUB-TOT             0           0       645,159            0       645,159           0      19,355       625,804
 REMAIN              0           0        91,102            0        91,102           0       2,733        88,369
 TOTAL               0           0       736,261            0       736,261           0      22,088       714,173
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>   <C>               <C>     <C>            <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004          3,000           0     250,000           0       253,000       -154,491      -154,491      -121,283
 2005          6,000           0           0           0         6,000        122,507       -31,984        86,835
 2006          7,200           0           0           0         7,200         76,332        44,348        48,957
 2007          7,200           0           0           0         7,200         50,228        94,576        29,153
 2008          7,200           0           0           0         7,200         34,017       128,593        17,869
 2009          7,200           0           0           0         7,200         25,662       154,255        12,159
 2010          7,200           0           0           0         7,200         26,981       181,236        11,590
 2011          7,200           0           0           0         7,200         23,692       204,928         9,212
 2012          7,200           0           0           0         7,200         20,863       225,791         7,343
 2013          7,200           0           0           0         7,200         18,412       244,203         5,867
 2014          7,200           0           0           0         7,200         16,272       260,475         4,692
 2015          7,200           0           0           0         7,200         14,394       274,869         3,758
 2016          7,200           0           0           0         7,200         12,735       287,604         3,010

 SUBTOT       88,200           0     250,000           0       338,200        287,604                     119,162
 REMAIN       40,276           0           0           0        40,276         48,093       335,697         8,551
 TOTAL       128,476           0     250,000           0       378,476        335,697                     127,713

   LIFE OF EVALUATION IS 20.59 YEARS.
   FINAL PRODUCTION RATE: 0.5 MMCF/MO
</TABLE>

<PAGE>





                                 TENGASCO, INC.                        TABLE 300
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   12-T1S-R74E                                              PROVED
     LOCATION #40   (KNOX)                                                             UNDEVELOPED


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>      <C>           <C>            <C>
 INITIAL -   1.000000                      0.875000                             2.35        5.00% -       202,664
 FINAL   -   1.000000                      0.875000                             2.35       10.00% -       124,374
 REMARKS - CAPITAL INCLUDED TO DRILL AND COMPLETE.                                         15.00% -        76,187
                                                                                           20.00% -        45,542
                                                                                           25.00% -        25,603
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>       <C>               <C>         <C>       <C>           <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004     1             0           0          28               0           0          24.286       0.00     2.35
 2005     1             0           0          72               0           0          63.336       0.00     2.35
 2006     1             0           0          46               0           0          40.486       0.00     2.35
 2007     1             0           0          32               0           0          27.485       0.00     2.35
 2008     1             0           0          22               0           0          19.534       0.00     2.35
 2009     1             0           0          17               0           0          14.394       0.00     2.35
 2010     1             0           0          17               0           0          15.360       0.00     2.35
 2011     1             0           0          16               0           0          13.863       0.00     2.36
 2012     1             0           0          14               0           0          12.578       0.00     2.35
 2013     1             0           0          13               0           0          11.466       0.00     2.35
 2014     1             0           0          12               0           0          10.498       0.00     2.35
 2015     1             0           0          11               0           0           9.649       0.00     2.35
 2016     1             0           0          11               0           0           8.900       0.00     2.35

 SUB-TOTAL              0           0         311               0           0         271.835       0.00     2.35
 REMAINDER              0           0          46               0           0          40.803       0.00     2.35
 TOTAL                  0           0         357               0           0         312.638       0.00     2.35

 CUMULATIVE             0           0           0
 ULTIMATE               0           0         357
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>     <C>                <C>     <C>               <C>     <C>         <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0        57,193            0        57,193           0       1,716        55,477
 2005                0           0       149,155            0       149,155           0       4,474       144,681
 2006                0           0        95,346            0        95,346           0       2,861        92,485
 2007                0           0        64,728            0        64,728           0       1,942        62,786
 2008                0           0        46,003            0        46,003           0       1,380        44,623
 2009                0           0        33,897            0        33,897           0       1,017        32,880
 2010                0           0        36,172            0        36,172           0       1,085        35,087
 2011                0           0        32,647            0        32,647           0         979        31,668
 2012                0           0        29,621            0        29,621           0         889        28,732
 2013                0           0        27,002            0        27,002           0         810        26,192
 2014                0           0        24,723            0        24,723           0         742        23,981
 2015                0           0        22,723            0        22,723           0         681        22,042
 2016                0           0        20,960            0        20,960           0         629        20,331

 SUB-TOT             0           0       640,170            0       640,170           0      19,205       620,965
 REMAIN              0           0        96,091            0        96,091           0       2,883        93,208
 TOTAL               0           0       736,261            0       736,261           0      22,088       714,173
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>   <C>               <C>     <C>            <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004          1,500           0     250,000           0       251,500       -196,023      -196,023      -148,734
 2005          6,000           0           0           0         6,000        138,681       -57,342        98,313
 2006          7,200           0           0           0         7,200         85,285        27,943        54,705
 2007          7,200           0           0           0         7,200         55,586        83,529        32,265
 2008          7,200           0           0           0         7,200         37,423       120,952        19,659
 2009          7,200           0           0           0         7,200         25,680       146,632        12,210
 2010          7,200           0           0           0         7,200         27,887       174,519        11,979
 2011          7,200           0           0           0         7,200         24,468       198,987         9,515
 2012          7,200           0           0           0         7,200         21,532       220,519         7,578
 2013          7,200           0           0           0         7,200         18,992       239,511         6,051
 2014          7,200           0           0           0         7,200         16,781       256,292         4,840
 2015          7,200           0           0           0         7,200         14,842       271,134         3,875
 2016          7,200           0           0           0         7,200         13,131       284,265         3,103

 SUBTOT       86,700           0     250,000           0       336,700        284,265                     115,359
 REMAIN       42,076           0           0           0        42,076         51,132       335,397         9,015
 TOTAL       128,776           0     250,000           0       378,776        335,397                     124,374

   LIFE OF EVALUATION IS 20.84 YEARS.
   FINAL PRODUCTION RATE: 0.5 MMCF/MO
</TABLE>

<PAGE>



                                 TENGASCO, INC.                        TABLE 301
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   12-T1S-R74E                                              PROVED
     LOCATION #41   (KNOX)                                                             UNDEVELOPED


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>      <C>           <C>            <C>
 INITIAL -   1.000000                                                                       5.00% -             0
 FINAL   -   1.000000                                                                      10.00% -             0
 REMARKS - UNECONOMIC AT CURRENT PRICES.                                                   15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE             0           0           0
 ULTIMATE               0           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0
 2016              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0.0 MMCF/MO
</TABLE>

<PAGE>




                                 TENGASCO, INC.                        TABLE 302
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   12-T1S-R74E                                              PROVED
     LOCATION #42   (KNOX)                                                             UNDEVELOPED


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>      <C>           <C>            <C>
 INITIAL -   1.000000                      0.875000                             2.35        5.00% -       202,664
 FINAL   -   1.000000                      0.875000                             2.35       10.00% -       124,374
 REMARKS - CAPITAL INCLUDED TO DRILL AND COMPLETE.                                         15.00% -        76,187
                                                                                           20.00% -        45,542
                                                                                           25.00% -        25,603
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>        <C>          <C>         <C>       <C>               <C>         <C>       <C>           <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004     1             0           0          28               0           0          24.286       0.00     2.35
 2005     1             0           0          72               0           0          63.336       0.00     2.35
 2006     1             0           0          46               0           0          40.486       0.00     2.35
 2007     1             0           0          32               0           0          27.485       0.00     2.35
 2008     1             0           0          22               0           0          19.534       0.00     2.35
 2009     1             0           0          17               0           0          14.394       0.00     2.35
 2010     1             0           0          17               0           0          15.360       0.00     2.35
 2011     1             0           0          16               0           0          13.863       0.00     2.36
 2012     1             0           0          14               0           0          12.578       0.00     2.35
 2013     1             0           0          13               0           0          11.466       0.00     2.35
 2014     1             0           0          12               0           0          10.498       0.00     2.35
 2015     1             0           0          11               0           0           9.649       0.00     2.35
 2016     1             0           0          11               0           0           8.900       0.00     2.35

 SUB-TOTAL              0           0         311               0           0         271.835       0.00     2.35
 REMAINDER              0           0          46               0           0          40.803       0.00     2.35
 TOTAL                  0           0         357               0           0         312.638       0.00     2.35

 CUMULATIVE             0           0           0
 ULTIMATE               0           0         357
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>     <C>                <C>     <C>               <C>     <C>         <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0        57,193            0        57,193           0       1,716        55,477
 2005                0           0       149,155            0       149,155           0       4,474       144,681
 2006                0           0        95,346            0        95,346           0       2,861        92,485
 2007                0           0        64,728            0        64,728           0       1,942        62,786
 2008                0           0        46,003            0        46,003           0       1,380        44,623
 2009                0           0        33,897            0        33,897           0       1,017        32,880
 2010                0           0        36,172            0        36,172           0       1,085        35,087
 2011                0           0        32,647            0        32,647           0         979        31,668
 2012                0           0        29,621            0        29,621           0         889        28,732
 2013                0           0        27,002            0        27,002           0         810        26,192
 2014                0           0        24,723            0        24,723           0         742        23,981
 2015                0           0        22,723            0        22,723           0         681        22,042
 2016                0           0        20,960            0        20,960           0         629        20,331

 SUB-TOT             0           0       640,170            0       640,170           0      19,205       620,965
 REMAIN              0           0        96,091            0        96,091           0       2,883        93,208
 TOTAL               0           0       736,261            0       736,261           0      22,088       714,173
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>   <C>               <C>     <C>            <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004          1,500           0     250,000           0       251,500       -196,023      -196,023      -148,734
 2005          6,000           0           0           0         6,000        138,681       -57,342        98,313
 2006          7,200           0           0           0         7,200         85,285        27,943        54,705
 2007          7,200           0           0           0         7,200         55,586        83,529        32,265
 2008          7,200           0           0           0         7,200         37,423       120,952        19,659
 2009          7,200           0           0           0         7,200         25,680       146,632        12,210
 2010          7,200           0           0           0         7,200         27,887       174,519        11,979
 2011          7,200           0           0           0         7,200         24,468       198,987         9,515
 2012          7,200           0           0           0         7,200         21,532       220,519         7,578
 2013          7,200           0           0           0         7,200         18,992       239,511         6,051
 2014          7,200           0           0           0         7,200         16,781       256,292         4,840
 2015          7,200           0           0           0         7,200         14,842       271,134         3,875
 2016          7,200           0           0           0         7,200         13,131       284,265         3,103

 SUBTOT       86,700           0     250,000           0       336,700        284,265                     115,359
 REMAIN       42,076           0           0           0        42,076         51,132       335,397         9,015
 TOTAL       128,776           0     250,000           0       378,776        335,397                     124,374

   LIFE OF EVALUATION IS 20.84 YEARS.
   FINAL PRODUCTION RATE: 0.5 MMCF/MO
</TABLE>

<PAGE>


                                 TENGASCO, INC.                        TABLE 303
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   4-T1S-R75E                                               PROVED
     LOCATION #43   (KNOX)                                                             UNDEVELOPED


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>      <C>           <C>            <C>
 INITIAL -   1.000000                                                                       5.00% -             0
 FINAL   -   1.000000                                                                      10.00% -             0
 REMARKS - UNECONOMIC AT CURRENT PRICES.                                                   15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE             0           0           0
 ULTIMATE               0           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0
 2016              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0.0 MMCF/MO
</TABLE>

<PAGE>



                                 TENGASCO, INC.                        TABLE 304
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   4-T1S-R75E                                               PROVED
     LOCATION #44   (KNOX)                                                             UNDEVELOPED


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>      <C>           <C>            <C>
 INITIAL -   1.000000                                                                       5.00% -             0
 FINAL   -   1.000000                                                                      10.00% -             0
 REMARKS - UNECONOMIC AT CURRENT PRICES.                                                   15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE             0           0           0
 ULTIMATE               0           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0
 2016              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0.0 MMCF/MO
</TABLE>

<PAGE>




                                 TENGASCO, INC.                        TABLE 305
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
              SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE GAS LEASE
   TENGASCO INC. - OPERATOR   4-T1S-R75E                                               PROVED
     LOCATION #45   (KNOX)                                                             UNDEVELOPED


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>      <C>           <C>            <C>
 INITIAL -   1.000000                                                                       5.00% -             0
 FINAL   -   1.000000                                                                      10.00% -             0
 REMARKS - UNECONOMIC AT CURRENT PRICES.                                                   15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE             0           0           0
 ULTIMATE               0           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0
 2016              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0.0 MMCF/MO
</TABLE>

<PAGE>



                                 TENGASCO, INC.                        TABLE 306
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   3-T1S-R75E                                               PROVED
     LOCATION #46   (KNOX)                                                             UNDEVELOPED


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>      <C>           <C>            <C>
 INITIAL -   1.000000                                                                       5.00% -             0
 FINAL   -   1.000000                                                                      10.00% -             0
 REMARKS - UNECONOMIC AT CURRENT PRICES.                                                   15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE             0           0           0
 ULTIMATE               0           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0
 2016              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0.0 MMCF/MO
</TABLE>

<PAGE>



                                 TENGASCO, INC.                        TABLE 307
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   3-T1S-R75E                                               PROVED
     LOCATION #47   (KNOX)                                                             UNDEVELOPED


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>      <C>           <C>            <C>
 INITIAL -   1.000000                                                                       5.00% -             0
 FINAL   -   1.000000                                                                      10.00% -             0
 REMARKS - CAPITAL INCLUDED TO DRILL AND COMPLETE.                                         15.00% -             0
           UNECONOMIC AT CURRENT PRICES.                                                   20.00% -             0
                                                                                           25.00% -             0
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE             0           0           0
 ULTIMATE               0           0           0
</TABLE>


<TABLE>
<CAPTION>
                     COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0
 2016              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0

   LIFE OF EVALUATION IS 3.17 YEARS.
   FINAL PRODUCTION RATE: 0.0 MMCF/MO
</TABLE>

<PAGE>





                                 TENGASCO, INC.                        TABLE 308
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   8-T1S-R75E                                               PROVED
     LOCATION #48   (KNOX)                                                             UNDEVELOPED


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>      <C>           <C>                <C>
 INITIAL -   1.000000                                                                       5.00% -             0
 FINAL   -   1.000000                                                                      10.00% -             0
 REMARKS - CAPITAL INCLUDED TO DRILL AND COMPLETE.                                         15.00% -             0
           UNECONOMIC AT CURRENT PRICES.                                                   20.00% -             0
                                                                                           25.00% -             0
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE             0           0           0
 ULTIMATE               0           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0
 2016              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0.0 MMCF/MO
</TABLE>

<PAGE>



                                 TENGASCO, INC.                        TABLE 309
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   8-T1S-R75E                                               PROVED
     LOCATION #49   (KNOX)                                                             UNDEVELOPED


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>      <C>           <C>            <C>
 INITIAL -   1.000000                                                                       5.00% -             0
 FINAL   -   1.000000                                                                      10.00% -             0
 REMARKS - UNECONOMIC AT CURRENT PRICES.                                                   15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE             0           0           0
 ULTIMATE               0           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0
 2016              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0.0 MMCF/MO
</TABLE>

<PAGE>



                                 TENGASCO, INC.                        TABLE 310
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   7-T1S-R75E                                               PROVED
     LOCATION #50   (KNOX)                                                             UNDEVELOPED


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>      <C>           <C>            <C>
 INITIAL -   1.000000                                                                       5.00% -             0
 FINAL   -   1.000000                                                                      10.00% -             0
 REMARKS - UNECONOMIC AT CURRENT PRICES.                                                   15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE             0           0           0
 ULTIMATE               0           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0
 2016              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0.0 MMCF/MO
</TABLE>

<PAGE>



                                 TENGASCO, INC.                       TABLE 311
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   7-T1S-R75E                                               PROVED
     LOCATION #51   (KNOX)                                                             UNDEVELOPED


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>      <C>           <C>            <C>
 INITIAL -   1.000000                                                                       5.00% -             0
 FINAL   -   1.000000                                                                      10.00% -             0
 REMARKS - UNECONOMIC AT CURRENT PRICES.                                                   15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE             0           0           0
 ULTIMATE               0           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0
 2016              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0.0 MMCF/MO
</TABLE>

<PAGE>




                                 TENGASCO, INC.                       TABLE 312
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   7-T1S-R75E                                               PROVED
     LOCATION #53   (KNOX)                                                             UNDEVELOPED


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>      <C>           <C>            <C>
 INITIAL -   1.000000                                                                       5.00% -             0
 FINAL   -   1.000000                                                                      10.00% -             0
 REMARKS - UNECONOMIC AT CURRENT PRICES.                                                   15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE             0           0           0
 ULTIMATE               0           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0
 2016              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0.0 MMCF/MO
</TABLE>

<PAGE>



                                 TENGASCO, INC.                        TABLE 313
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   10-T1S-R74E                                              PROBABLE
     LOCATION #54   (KNOX)                                                             UNDEVELOPED


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>      <C>           <C>            <C>
 INITIAL -   1.000000                                                                       5.00% -             0
 FINAL   -   1.000000                                                                      10.00% -             0
 REMARKS - UNECONOMIC AT CURRENT PRICES.                                                   15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE             0           0           0
 ULTIMATE               0           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0
 2016              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0.0 MMCF/MO
</TABLE>

<PAGE>




                                 TENGASCO, INC.                        TABLE 314
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   10-T1S-R74E                                              PROBABLE
     LOCATION #55   (KNOX)                                                             UNDEVELOPED


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>      <C>           <C>            <C>
 INITIAL -   1.000000                                                                       5.00% -             0
 FINAL   -   1.000000                                                                      10.00% -             0
 REMARKS - UNECONOMIC AT CURRENT PRICES.                                                   15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE             0           0           0
 ULTIMATE               0           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0
 2016              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0.0 MMCF/MO
</TABLE>

<PAGE>


                                 TENGASCO, INC.                       TABLE 315
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   9-T1S-R74E                                               PROBABLE
     LOCATION #56   (KNOX)                                                             UNDEVELOPED


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>      <C>           <C>            <C>
 INITIAL -   1.000000                      0.875000                             2.35        5.00% -       176,205
 FINAL   -   1.000000                      0.875000                             2.35       10.00% -       126,573
 REMARKS - UNECONOMIC AT CURRENT PRICES.                                                   15.00% -        92,681
                                                                                           20.00% -        68,881
                                                                                           25.00% -        51,794
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>       <C>               <C>         <C>       <C>           <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006     1             0           0          40               0           0          34.668       0.00     2.36
 2007     1             0           0          29               0           0          25.861       0.00     2.36
 2008     1             0           0          20               0           0          17.158       0.00     2.36
 2009     1             0           0          13               0           0          11.981       0.00     2.36
 2010     1             0           0          10               0           0           8.704       0.00     2.35
 2011     1             0           0           9               0           0           7.833       0.00     2.35
 2012     1             0           0           9               0           0           7.729       0.00     2.35
 2013     1             0           0           8               0           0           6.998       0.00     2.35
 2014     1             0           0           7               0           0           6.367       0.00     2.35
 2015     1             0           0           7               0           0           5.819       0.00     2.35
 2016     1             0           0           6               0           0           5.340       0.00     2.35

 SUB-TOTAL              0           0         158               0           0         138.458       0.00     2.36
 REMAINDER              0           0          33               0           0          28.667       0.00     2.36
 TOTAL                  0           0         191               0           0         167.125       0.00     2.36

 CUMULATIVE             0           0           0
 ULTIMATE               0           0         191
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>     <C>                <C>     <C>               <C>    <C>          <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0        81,642            0        81,642           0       2,449        79,193
 2007                0           0        60,904            0        60,904           0       1,827        59,077
 2008                0           0        40,408            0        40,408           0       1,213        39,195
 2009                0           0        28,214            0        28,214           0         846        27,368
 2010                0           0        20,499            0        20,499           0         615        19,884
 2011                0           0        18,447            0        18,447           0         553        17,894
 2012                0           0        18,201            0        18,201           0         546        17,655
 2013                0           0        16,479            0        16,479           0         495        15,984
 2014                0           0        14,994            0        14,994           0         450        14,544
 2015                0           0        13,704            0        13,704           0         411        13,293
 2016                0           0        12,576            0        12,576           0         377        12,199

 SUB-TOT             0           0       326,068            0       326,068           0       9,782       316,286
 REMAIN              0           0        67,511            0        67,511           0       2,025        65,486
 TOTAL               0           0       393,579            0       393,579           0      11,807       381,772
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                             DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006          6,000           0           0           0         6,000         73,193        73,193        46,605
 2007          7,200           0           0           0         7,200         51,877       125,070        30,135
 2008          7,200           0           0           0         7,200         31,995       157,065        16,819
 2009          7,200           0           0           0         7,200         20,168       177,233         9,596
 2010          7,200           0           0           0         7,200         12,684       189,917         5,464
 2011          7,200           0           0           0         7,200         10,694       200,611         4,142
 2012          7,200           0           0           0         7,200         10,455       211,066         3,681
 2013          7,200           0           0           0         7,200          8,784       219,850         2,800
 2014          7,200           0           0           0         7,200          7,344       227,194         2,119
 2015          7,200           0           0           0         7,200          6,093       233,287         1,591
 2016          7,200           0           0           0         7,200          4,999       238,286         1,183

 SUBTOT       78,000           0           0           0        78,000        238,286                     124,135
 REMAIN       52,276           0           0           0        52,276         13,210       251,496         2,438
 TOTAL       130,276           0           0           0       130,276        251,496                     126,573

   LIFE OF EVALUATION IS 22.26 YEARS.
   FINAL PRODUCTION RATE: 0.3 MMCF/MO
</TABLE>

<PAGE>



                                 TENGASCO, INC.                        TABLE 316
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   9-T1S-R74E                                               PROBABLE
     LOCATION #57   (KNOX)                                                             UNDEVELOPED


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>      <C>           <C>            <C>
 INITIAL -   1.000000                      0.875000                             2.35        5.00% -       187,509
 FINAL   -   1.000000                      0.875000                             2.35       10.00% -       117,483
 REMARKS - CAPITAL INCLUDED TO DRILL AND COMPLETE.                                         15.00% -        74,409
                                                                                           20.00% -        47,015
                                                                                           25.00% -        29,171
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>       <C>               <C>         <C>       <C>           <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005     1             0           0          66               0           0          57.719       0.00     2.35
 2006     1             0           0          49               0           0          43.057       0.00     2.35
 2007     1             0           0          33               0           0          28.567       0.00     2.35
 2008     1             0           0          23               0           0          19.947       0.00     2.35
 2009     1             0           0          16               0           0          14.492       0.00     2.36
 2010     1             0           0          15               0           0          13.041       0.00     2.35
 2011     1             0           0          15               0           0          12.868       0.00     2.35
 2012     1             0           0          13               0           0          11.650       0.00     2.36
 2013     1             0           0          12               0           0          10.600       0.00     2.36
 2014     1             0           0          11               0           0           9.688       0.00     2.35
 2015     1             0           0          10               0           0           8.891       0.00     2.35
 2016     1             0           0          10               0           0           8.189       0.00     2.35

 SUB-TOTAL              0           0         273               0           0         238.709       0.00     2.35
 REMAINDER              0           0          45               0           0          39.540       0.00     2.36
 TOTAL                  0           0         318               0           0         278.249       0.00     2.36

 CUMULATIVE             0           0           0
 ULTIMATE               0           0         318
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>     <C>                <C>     <C>               <C>     <C>         <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0       135,928            0       135,928           0       4,078       131,850
 2006                0           0       101,400            0       101,400           0       3,042        98,358
 2007                0           0        67,275            0        67,275           0       2,018        65,257
 2008                0           0        46,975            0        46,975           0       1,409        45,566
 2009                0           0        34,129            0        34,129           0       1,024        33,105
 2010                0           0        30,713            0        30,713           0         922        29,791
 2011                0           0        30,304            0        30,304           0         909        29,395
 2012                0           0        27,436            0        27,436           0         823        26,613
 2013                0           0        24,964            0        24,964           0         749        24,215
 2014                0           0        22,816            0        22,816           0         684        22,132
 2015                0           0        20,937            0        20,937           0         628        20,309
 2016                0           0        19,286            0        19,286           0         579        18,707

 SUB-TOT             0           0       562,163            0       562,163           0      16,865       545,298
 REMAIN              0           0        93,116            0        93,116           0       2,793        90,323
 TOTAL               0           0       655,279            0       655,279           0      19,658       635,621
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>   <C>               <C>     <C>             <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005          5,000           0     200,000           0       205,000        -73,150       -73,150       -56,090
 2006          7,200           0           0           0         7,200         91,158        18,008        58,484
 2007          7,200           0           0           0         7,200         58,057        76,065        33,705
 2008          7,200           0           0           0         7,200         38,366       114,431        20,157
 2009          7,200           0           0           0         7,200         25,905       140,336        12,319
 2010          7,200           0           0           0         7,200         22,591       162,927         9,672
 2011          7,200           0           0           0         7,200         22,195       185,122         8,630
 2012          7,200           0           0           0         7,200         19,413       204,535         6,834
 2013          7,200           0           0           0         7,200         17,015       221,550         5,421
 2014          7,200           0           0           0         7,200         14,932       236,482         4,307
 2015          7,200           0           0           0         7,200         13,109       249,591         3,422
 2016          7,200           0           0           0         7,200         11,507       261,098         2,720

 SUBTOT       84,200           0     200,000           0       284,200        261,098                     109,581
 REMAIN       45,076           0           0           0        45,076         45,247       306,345         7,902
 TOTAL       129,276           0     200,000           0       329,276        306,345                     117,483

   LIFE OF EVALUATION IS 21.26 YEARS.
   FINAL PRODUCTION RATE: 0.5 MMCF/MO
</TABLE>

<PAGE>





                                 TENGASCO, INC.                        TABLE 317
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   9-T1S-R74E                                               PROBABLE
     LOCATION #58   (KNOX)                                                             UNDEVELOPED


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>      <C>           <C>            <C>
 INITIAL -   1.000000                                                                       5.00% -             0
 FINAL   -   1.000000                                                                      10.00% -             0
 REMARKS - UNECONOMIC AT CURRENT PRICES.                                                   15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE             0           0           0
 ULTIMATE               0           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0
 2016              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0.0 MMCF/MO

</TABLE>

<PAGE>




                                 TENGASCO, INC.                        TABLE 318
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   9-T1S-R74E                                               PROBABLE
     LOCATION #59   (KNOX)                                                             UNDEVELOPED


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>      <C>           <C>            <C>
 INITIAL -   1.000000                      0.875000                             2.35        5.00% -       102,252
 FINAL   -   1.000000                      0.875000                             2.35       10.00% -        56,835
 REMARKS - CAPITAL INCLUDED TO DRILL AND COMPLETE.                                         15.00% -        29,657
                                                                                           20.00% -        13,099
                                                                                           25.00% -         2,957
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>       <C>               <C>         <C>       <C>           <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005     1             0           0          53               0           0          46.284       0.00     2.35
 2006     1             0           0          39               0           0          34.527       0.00     2.36
 2007     1             0           0          27               0           0          22.907       0.00     2.35
 2008     1             0           0          18               0           0          15.995       0.00     2.36
 2009     1             0           0          13               0           0          11.621       0.00     2.35
 2010     1             0           0          12               0           0          10.458       0.00     2.35
 2011     1             0           0          12               0           0          10.319       0.00     2.35
 2012     1             0           0          11               0           0           9.342       0.00     2.35
 2013     1             0           0           9               0           0           8.500       0.00     2.35
 2014     1             0           0           9               0           0           7.769       0.00     2.35
 2015     1             0           0           8               0           0           7.129       0.00     2.35
 2016     1             0           0           8               0           0           6.567       0.00     2.35

 SUB-TOTAL              0           0         219               0           0         191.418       0.00     2.35
 REMAINDER              0           0          36               0           0          31.706       0.00     2.35
 TOTAL                  0           0         255               0           0         223.124       0.00     2.35

 CUMULATIVE             0           0           0
 ULTIMATE               0           0         255
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>     <C>                <C>     <C>               <C>     <C>         <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0       108,999            0       108,999           0       3,270       105,729
 2006                0           0        81,311            0        81,311           0       2,439        78,872
 2007                0           0        53,947            0        53,947           0       1,619        52,328
 2008                0           0        37,669            0        37,669           0       1,130        36,539
 2009                0           0        27,368            0        27,368           0         821        26,547
 2010                0           0        24,628            0        24,628           0         739        23,889
 2011                0           0        24,300            0        24,300           0         729        23,571
 2012                0           0        22,001            0        22,001           0         660        21,341
 2013                0           0        20,018            0        20,018           0         600        19,418
 2014                0           0        18,296            0        18,296           0         549        17,747
 2015                0           0        16,789            0        16,789           0         504        16,285
 2016                0           0        15,465            0        15,465           0         464        15,001

 SUB-TOT             0           0       450,791            0       450,791           0      13,524       437,267
 REMAIN              0           0        74,668            0        74,668           0       2,240        72,428
 TOTAL               0           0       525,459            0       525,459           0      15,764       509,695
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>   <C>               <C>     <C>             <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005          5,000           0     200,000           0       205,000        -99,271       -99,271       -74,457
 2006          7,200           0           0           0         7,200         71,672       -27,599        45,986
 2007          7,200           0           0           0         7,200         45,128        17,529        26,202
 2008          7,200           0           0           0         7,200         29,339        46,868        15,417
 2009          7,200           0           0           0         7,200         19,347        66,215         9,202
 2010          7,200           0           0           0         7,200         16,689        82,904         7,143
 2011          7,200           0           0           0         7,200         16,371        99,275         6,367
 2012          7,200           0           0           0         7,200         14,141       113,416         4,978
 2013          7,200           0           0           0         7,200         12,218       125,634         3,893
 2014          7,200           0           0           0         7,200         10,547       136,181         3,043
 2015          7,200           0           0           0         7,200          9,085       145,266         2,372
 2016          7,200           0           0           0         7,200          7,801       153,067         1,844

 SUBTOT       84,200           0     200,000           0       284,200        153,067                      51,990
 REMAIN       45,076           0           0           0        45,076         27,352       180,419         4,845
 TOTAL       129,276           0     200,000           0       329,276        180,419                      56,835

   LIFE OF EVALUATION IS 21.26 YEARS.
   FINAL PRODUCTION RATE: 0.4 MMCF/MO
</TABLE>

<PAGE>
                                 TENGASCO, INC.                        TABLE 319
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   9-T1S-R74E                                               PROBABLE
     LOCATION #60   (KNOX)                                                             UNDEVELOPED
                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>      <C>           <C>            <C>
 INITIAL -   1.000000                      0.875000                             2.35        5.00% -        96,479
 FINAL   -   1.000000                      0.875000                             2.35       10.00% -        50,814
 REMARKS - CAPITAL INCLUDED TO DRILL AND COMPLETE.                                         15.00% -        25,045
                                                                                           20.00% -        10,339
                                                                                           25.00% -         1,986
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>       <C>           <C>         <C>        <C>              <C>         <C>        <C>          <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006     1             0           0          53               0           0          46.284       0.00     2.35
 2007     1             0           0          39               0           0          34.527       0.00     2.36
 2008     1             0           0          27               0           0          22.907       0.00     2.35
 2009     1             0           0          18               0           0          15.995       0.00     2.36
 2010     1             0           0          13               0           0          11.621       0.00     2.35
 2011     1             0           0          12               0           0          10.458       0.00     2.35
 2012     1             0           0          12               0           0          10.319       0.00     2.35
 2013     1             0           0          11               0           0           9.342       0.00     2.35
 2014     1             0           0           9               0           0           8.500       0.00     2.35
 2015     1             0           0           9               0           0           7.769       0.00     2.35
 2016     1             0           0           8               0           0           7.129       0.00     2.35

 SUB-TOTAL              0           0         211               0           0         184.851       0.00     2.35
 REMAINDER              0           0          44               0           0          38.273       0.00     2.36
 TOTAL                  0           0         255               0           0         223.124       0.00     2.36

 CUMULATIVE             0           0           0
 ULTIMATE               0           0         255
</TABLE>

<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>     <C>                <C>     <C>               <C>     <C>         <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0       108,999            0       108,999           0       3,270       105,729
 2007                0           0        81,311            0        81,311           0       2,439        78,872
 2008                0           0        53,947            0        53,947           0       1,619        52,328
 2009                0           0        37,669            0        37,669           0       1,130        36,539
 2010                0           0        27,368            0        27,368           0         821        26,547
 2011                0           0        24,628            0        24,628           0         739        23,889
 2012                0           0        24,300            0        24,300           0         729        23,571
 2013                0           0        22,001            0        22,001           0         660        21,341
 2014                0           0        20,018            0        20,018           0         600        19,418
 2015                0           0        18,296            0        18,296           0         549        17,747
 2016                0           0        16,789            0        16,789           0         504        16,285

 SUB-TOT             0           0       435,326            0       435,326           0      13,060       422,266
 REMAIN              0           0        90,133            0        90,133           0       2,704        87,429
 TOTAL               0           0       525,459            0       525,459           0      15,764       509,695
</TABLE>

<TABLE>
<CAPTION>
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>            <C>             <C>   <C>               <C>     <C>            <C>           <C>            <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006          6,000           0     200,000           0       206,000       -100,271      -100,271       -68,033
 2007          7,200           0           0           0         7,200         71,672       -28,599        41,627
 2008          7,200           0           0           0         7,200         45,128        16,529        23,718
 2009          7,200           0           0           0         7,200         29,339        45,868        13,956
 2010          7,200           0           0           0         7,200         19,347        65,215         8,330
 2011          7,200           0           0           0         7,200         16,689        81,904         6,466
 2012          7,200           0           0           0         7,200         16,371        98,275         5,763
 2013          7,200           0           0           0         7,200         14,141       112,416         4,506
 2014          7,200           0           0           0         7,200         12,218       124,634         3,525
 2015          7,200           0           0           0         7,200         10,547       135,181         2,754
 2016          7,200           0           0           0         7,200          9,085       144,266         2,147

 SUBTOT       78,000           0     200,000           0       278,000        144,266                      44,759
 REMAIN       52,276           0           0           0        52,276         35,153       179,419         6,055
 TOTAL       130,276           0     200,000           0       330,276        179,419                      50,814

   LIFE OF EVALUATION IS 22.26 YEARS.
   FINAL PRODUCTION RATE: 0.4 MMCF/MO
</TABLE>
<PAGE>


                                 TENGASCO, INC.                        TABLE 320
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   13-T1S-R74E                                              PROBABLE
     LOCATION #61   (KNOX)                                                             UNDEVELOPED


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>      <C>           <C>            <C>
 INITIAL -   1.000000                                                                       5.00% -             0
 FINAL   -   1.000000                                                                      10.00% -             0
 REMARKS - UNECONOMIC AT CURRENT PRICES.                                                   15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE             0           0           0
 ULTIMATE               0           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0
 2016              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0.0 MMCF/MO
</TABLE>

<PAGE>



                                 TENGASCO, INC.                        TABLE 321
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   12-T1S-R74E                                              PROBABLE
     LOCATION #62   (KNOX)                                                             UNDEVELOPED


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>      <C>           <C>            <C>
 INITIAL -   1.000000                                                                       5.00% -             0
 FINAL   -   1.000000                                                                      10.00% -             0
 REMARKS - UNECONOMIC AT CURRENT PRICES.                                                   15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE             0           0           0
 ULTIMATE               0           0           0
</TABLE>


<TABLE>
<CAPTION>
                     COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0
 2016              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0.0 MMCF/MO
</TABLE>

<PAGE>



                                 TENGASCO, INC.                        TABLE 322
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   12-T1S-R74E                                              PROBABLE
     LOCATION #63   (KNOX)                                                             UNDEVELOPED


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>      <C>           <C>            <C>
 INITIAL -   1.000000                                                                       5.00% -             0
 FINAL   -   1.000000                                                                      10.00% -             0
 REMARKS - UNECONOMIC AT CURRENT PRICES.                                                   15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE             0           0           0
 ULTIMATE               0           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>               <C>         <C>         <C>          <C>           <C>          <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0
 2016              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0.0 MMCF/MO
</TABLE>

<PAGE>
                                 TENGASCO, INC.                        TABLE 323
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   12-T1S-R74E                                              PROBABLE
     LOCATION #64   (KNOX)                                                             UNDEVELOPED

                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>      <C>           <C>            <C>
 INITIAL -   1.000000                                                                       5.00% -             0
 FINAL   -   1.000000                                                                      10.00% -             0
 REMARKS - UNECONOMIC AT CURRENT PRICES.                                                   15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>

<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE             0           0           0
 ULTIMATE               0           0           0
</TABLE>
<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>
<TABLE>
<CAPTION>
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0
 2016              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0.0 MMCF/MO
</TABLE>
<PAGE>



                                 TENGASCO, INC.                        TABLE 324
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   12-T1S-R74E                                              PROBABLE
     LOCATION #65   (KNOX)                                                             UNDEVELOPED


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>      <C>           <C>            <C>
 INITIAL -   1.000000                                                                       5.00% -             0
 FINAL   -   1.000000                                                                      10.00% -             0
 REMARKS - UNECONOMIC AT CURRENT PRICES.                                                   15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>


<TABLE>
<CAPTION>
                ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE             0           0           0
 ULTIMATE               0           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0
 2016              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0.0 MMCF/MO
</TABLE>

<PAGE>



                                 TENGASCO, INC.                        TABLE 325
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   11-T1S-R74E                                              PROBABLE
     LOCATION #66   (KNOX)                                                             UNDEVELOPED


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>      <C>           <C>            <C>
 INITIAL -   1.000000                                                                       5.00% -             0
 FINAL   -   1.000000                                                                      10.00% -             0
 REMARKS - UNECONOMIC AT CURRENT PRICES.                                                   15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE             0           0           0
 ULTIMATE               0           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0
 2016              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0.0 MMCF/MO
</TABLE>

<PAGE>


                                 TENGASCO, INC.                        TABLE 326
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   11-T1S-R74E                                              PROBABLE
     LOCATION #67   (KNOX)                                                             UNDEVELOPED


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>      <C>           <C>            <C>
 INITIAL -   1.000000                                                                       5.00% -             0
 FINAL   -   1.000000                                                                      10.00% -             0
 REMARKS - UNECONOMIC AT CURRENT PRICES.                                                   15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>


<TABLE>
<CAPTION>
                ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE             0           0           0
 ULTIMATE               0           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0
 2016              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0.0 MMCF/MO
</TABLE>

<PAGE>



                                 TENGASCO, INC.                       TABLE 327
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   8-T1S-R74E                                               POSSIBLE
     LOCATION #68   (KNOX)                                                             UNDEVELOPED


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>      <C>           <C>            <C>
 INITIAL -   1.000000                                                                       5.00% -             0
 FINAL   -   1.000000                                                                      10.00% -             0
 REMARKS - UNECONOMIC AT CURRENT PRICES.                                                   15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE             0           0           0
 ULTIMATE               0           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0
 2016              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0.0 MMCF/MO
</TABLE>

<PAGE>




                                 TENGASCO, INC.                        TABLE 328
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   8-T1S-R74E                                               POSSIBLE
     LOCATION #69   (KNOX)                                                             UNDEVELOPED


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>      <C>           <C>            <C>
 INITIAL -   1.000000                                                                       5.00% -             0
 FINAL   -   1.000000                                                                      10.00% -             0
 REMARKS - UNECONOMIC AT CURRENT PRICES.                                                   15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE             0           0           0
 ULTIMATE               0           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0
 2016              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0.0 MMCF/MO
</TABLE>

<PAGE>




                                 TENGASCO, INC.                        TABLE 329
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   13-T1S-R74E                                              POSSIBLE
     LOCATION #70   (KNOX)                                                             UNDEVELOPED


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>      <C>           <C>            <C>
 INITIAL -   1.000000                                                                       5.00% -             0
 FINAL   -   1.000000                                                                      10.00% -             0
 REMARKS - UNECONOMIC AT CURRENT PRICES.                                                   15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE             0           0           0
 ULTIMATE               0           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0
 2016              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0.0 MMCF/MO
</TABLE>

<PAGE>


                                 TENGASCO, INC.                        TABLE 330
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   13-T1S-R74E                                              POSSIBLE
     LOCATION #71   (KNOX)                                                             UNDEVELOPED


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>      <C>           <C>            <C>
 INITIAL -   1.000000                                                                       5.00% -             0
 FINAL   -   1.000000                                                                      10.00% -             0
 REMARKS - UNECONOMIC AT CURRENT PRICES.                                                   15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE             0           0           0
 ULTIMATE               0           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0
 2016              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0.0 MMCF/MO
</TABLE>

<PAGE>



                                 TENGASCO, INC.                        TABLE 331
                      ESTIMATED FUTURE RESERVES AND INCOME
             ATTRIBUTABLE TO CERTAIN LEASEHOLD AND ROYALTY INTERESTS
                             AS OF DECEMBER 31, 2001
                                    SEC CASE
<TABLE>
<CAPTION>
 SWAN CREEK FIELD, HANCOCK COUNTY, TENNESSEE                                           GAS LEASE
   TENGASCO INC. - OPERATOR   12-T1S-R74E                                              POSSIBLE
     LOCATION #72   (KNOX)                                                             UNDEVELOPED


                            REVENUE INTEREST                    PRODUCT PRICES
                       ----------------------------  -------------------------------------       DISCOUNTED
             EXPENSE     OIL/     PLANT                OIL/COND.    PL PROD      GAS        FUTURE NET INCOME - $
             INTEREST    COND.   PRODUCTS     GAS        $/BBL      $/BBL       $/MCF      COMPOUNDED    MONTHLY
             --------  --------  --------  --------  -------------  ------  -------------- ----------------------
<S>          <C>       <C>       <C>       <C>          <C>         <C>      <C>           <C>            <C>
 INITIAL -   1.000000                                                                       5.00% -             0
 FINAL   -   1.000000                                                                      10.00% -             0
 REMARKS - UNECONOMIC AT CURRENT PRICES.                                                   15.00% -             0
                                                                                           20.00% -             0
                                                                                           25.00% -             0
</TABLE>


<TABLE>
<CAPTION>
                 ESTIMATED 8/8 THS PRODUCTION                COMPANY NET PRODUCTION              AVERAGE PRICES
            -------------------------------------  ------------------------------------------  ------------------
      NO OF   OIL/COND.   PLANT PROD.     GAS        OIL/COND.    PLANT PROD.         GAS      OIL/COND.   GAS
  PD  WELLS    BARRELS      BARRELS      MMCF         BARRELS       BARRELS          MMCF       $/BBL.    $/MCF
 ---- ----- ------------- ----------- -----------  -------------- -----------    ------------  --------- --------
<S>                     <C>         <C>         <C>             <C>         <C>         <C>         <C>      <C>
 2002                   0           0           0               0           0           0.000       0.00     0.00
 2003                   0           0           0               0           0           0.000       0.00     0.00
 2004                   0           0           0               0           0           0.000       0.00     0.00
 2005                   0           0           0               0           0           0.000       0.00     0.00
 2006                   0           0           0               0           0           0.000       0.00     0.00
 2007                   0           0           0               0           0           0.000       0.00     0.00
 2008                   0           0           0               0           0           0.000       0.00     0.00
 2009                   0           0           0               0           0           0.000       0.00     0.00
 2010                   0           0           0               0           0           0.000       0.00     0.00
 2011                   0           0           0               0           0           0.000       0.00     0.00
 2012                   0           0           0               0           0           0.000       0.00     0.00
 2013                   0           0           0               0           0           0.000       0.00     0.00
 2014                   0           0           0               0           0           0.000       0.00     0.00
 2015                   0           0           0               0           0           0.000       0.00     0.00
 2016                   0           0           0               0           0           0.000       0.00     0.00

 SUB-TOTAL              0           0           0               0           0           0.000       0.00     0.00
 REMAINDER              0           0           0               0           0           0.000       0.00     0.00
 TOTAL                  0           0           0               0           0           0.000       0.00     0.00

 CUMULATIVE             0           0           0
 ULTIMATE               0           0           0
</TABLE>


<TABLE>
<CAPTION>
                      COMPANY FUTURE GROSS REVENUE (FGR) - $                  PRODUCTION TAXES - $
        ------------------------------------------------------------------- -----------------------   FGR AFTER
             FROM         FROM         FROM                                                           PRODUCTION
  PD      OIL/COND.    PLANT PROD.      GAS          OTHER         TOTAL     OIL/COND.    GAS/P.P.    TAXES - $
 ----   -------------- ----------- ------------- ------------ ------------- ----------- ----------- -------------
<S>                  <C>         <C>           <C>          <C>           <C>         <C>         <C>           <C>
 2002                0           0             0            0             0           0           0             0
 2003                0           0             0            0             0           0           0             0
 2004                0           0             0            0             0           0           0             0
 2005                0           0             0            0             0           0           0             0
 2006                0           0             0            0             0           0           0             0
 2007                0           0             0            0             0           0           0             0
 2008                0           0             0            0             0           0           0             0
 2009                0           0             0            0             0           0           0             0
 2010                0           0             0            0             0           0           0             0
 2011                0           0             0            0             0           0           0             0
 2012                0           0             0            0             0           0           0             0
 2013                0           0             0            0             0           0           0             0
 2014                0           0             0            0             0           0           0             0
 2015                0           0             0            0             0           0           0             0
 2016                0           0             0            0             0           0           0             0

 SUB-TOT             0           0             0            0             0           0           0             0
 REMAIN              0           0             0            0             0           0           0             0
 TOTAL               0           0             0            0             0           0           0             0
</TABLE>


<PAGE>
<TABLE>
<CAPTION>
                                DEDUCTIONS - $                         FUTURE NET INCOME BEFORE INCOME TAXES - $
        -------------------------------------------------------------- ------------------------------------------
         OPERATING   AD VALOREM  DEVELOPMENT                                   UNDISCOUNTED           DISCOUNTED
  PD       COSTS        TAXES       COSTS       OTHER        TOTAL         ANNUAL      CUMULATIVE     @  10.00 %
 ----   ------------ ----------- ----------- ----------- ------------- -------------- ------------- -------------
<S>                <C>         <C>         <C>         <C>           <C>            <C>           <C>           <C>
 2002              0           0           0           0             0              0             0             0
 2003              0           0           0           0             0              0             0             0
 2004              0           0           0           0             0              0             0             0
 2005              0           0           0           0             0              0             0             0
 2006              0           0           0           0             0              0             0             0
 2007              0           0           0           0             0              0             0             0
 2008              0           0           0           0             0              0             0             0
 2009              0           0           0           0             0              0             0             0
 2010              0           0           0           0             0              0             0             0
 2011              0           0           0           0             0              0             0             0
 2012              0           0           0           0             0              0             0             0
 2013              0           0           0           0             0              0             0             0
 2014              0           0           0           0             0              0             0             0
 2015              0           0           0           0             0              0             0             0
 2016              0           0           0           0             0              0             0             0

 SUBTOT            0           0           0           0             0              0                           0
 REMAIN            0           0           0           0             0              0             0             0
 TOTAL             0           0           0           0             0              0                           0

   LIFE OF EVALUATION IS 0.00 YEARS.
   FINAL PRODUCTION RATE: 0.0 MMCF/MO
</TABLE>


<PAGE>


                         PETROLEUM RESERVES DEFINITIONS

                       SECURITIES AND EXCHANGE COMMISSION

INTRODUCTION

         Reserves are those  quantities of petroleum which are anticipated to be
commercially  recovered from known accumulations from a given date forward.  All
reserve  estimates involve some degree of uncertainty.  The uncertainty  depends
chiefly on the amount of reliable geologic and engineering data available at the
time of the estimate and the  interpretation  of these data. The relative degree
of  uncertainty  may be conveyed by placing  reserves  into one of two principal
classifications,  either proved or unproved.  Unproved reserves are less certain
to be  recovered  than  proved  reserves  and may be further  sub-classified  as
probable and possible reserves to denote progressively increasing uncertainty in
their recoverability. It should be noted that Securities and Exchange Commission
Regulation S-K prohibits the  disclosure of estimated  quantities of probable or
possible  reserves  of oil  and  gas  and any  estimated  value  thereof  in any
documents publicly filed with the Commission.

         Reserves estimates will generally be revised as additional  geologic or
engineering data become available or as economic conditions change.  Reserves do
not include quantities of petroleum being held in inventory,  and may be reduced
for usage or processing losses if required for financial reporting.

         Reserves  may be  attributed  to  either  natural  energy  or  improved
recovery   methods.   Improved   recovery   methods   include  all  methods  for
supplementing  natural  energy or altering  natural  forces in the  reservoir to
increase ultimate recovery.  Examples of such methods are pressure  maintenance,
cycling,  waterflooding,  thermal  methods,  chemical  flooding,  and the use of
miscible and immiscible displacement fluids. Other improved recovery methods may
be developed in the future as petroleum technology continues to evolve.

PROVED RESERVES  (SEC DEFINITIONS)

         Securities and Exchange  Commission  Regulation S-X Rule 4-10 paragraph
(a) defines proved reserves as follows:

PROVED OIL AND GAS  RESERVES.  Proved  oil and gas  reserves  are the  estimated
quantities of crude oil,  natural gas, and natural gas liquids which  geological
and engineering data demonstrate with reasonable  certainty to be recoverable in
future  years  from known  reservoirs  under  existing  economic  and  operating
conditions,  i.e.,  prices and costs as of the date the estimate is made. Prices
include consideration of changes in existing prices provided only by contractual
arrangements, but not on escalations based upon future conditions.

       (i)  Reservoirs  are  considered  proved  if  economic  producibility  is
       supported by either actual  production or conclusive  formation test. The
       area of a reservoir considered proved includes:

              (A) that portion  delineated by drilling  and defined  by  gas-oil
              and/or  oil-water  contacts,  if any; and

              (B) the immediately  adjoining portions not yet drilled, but which
              can be reasonably  judged as economically  productive on the basis
              of available  geological and  engineering  data. In the absence of
              information  on  fluid  contacts,   the  lowest  known  structural
              occurrence of hydrocarbons  controls the lower proved limit of the
              reservoir.

<PAGE>

PETROLEUM RESERVES DEFINITIONS
Page 2


       (ii) Reserves which can be produced  economically  through application of
       improved  recovery  techniques  (such as fluid injection) are included in
       the "proved"  classification  when successful testing by a pilot project,
       or the  operation  of an  installed  program in the  reservoir,  provides
       support for the engineering  analysis on which the project or program was
       based.

       (iii) Estimates of proved reserves do not include the following:

              (A) oil that may become  available  from known  reservoirs  but is
              classified separately as "indicated additional reserves";

              (B) crude oil, natural gas, and natural gas liquids,  the recovery
              of which is subject to reasonable  doubt because of uncertainty as
              to geology, reservoir characteristics, or economic factors;

              (C) crude oil,  natural  gas,  and natural gas  liquids,  that may
              occur in undrilled prospects; and

              (D) crude oil,  natural gas, and natural gas liquids,  that may be
              recovered from oil shales, coal, gilsonite and other such sources.

PROVED DEVELOPED OIL AND GAS RESERVES. Proved developed oil and gas reserves are
reserves  that can be  expected  to be  recovered  through  existing  wells with
existing equipment and operating methods.  Additional oil and gas expected to be
obtained  through the application of fluid injection or other improved  recovery
techniques  for  supplementing  the  natural  forces and  mechanisms  of primary
recovery should be included as "proved developed reserves" only after testing by
a pilot  project or after the  operation of an installed  program has  confirmed
through production response that increased recovery will be achieved.

PROVED  UNDEVELOPED  RESERVES.  Proved  undeveloped  oil  and gas  reserves  are
reserves that are expected to be recovered from new wells on undrilled  acreage,
or from  existing  wells where a relatively  major  expenditure  is required for
recompletion.  Reserves on undrilled  acreage shall be limited to those drilling
units offsetting productive units that are reasonably certain of production when
drilled.  Proved reserves for other undrilled units can be claimed only where it
can be  demonstrated  with certainty that there is continuity of production from
the existing productive  formation.  Under no circumstances should estimates for
proved  undeveloped  reserves  be  attributable  to any  acreage  for  which  an
application  of  fluid  injection  or  other  improved  recovery   technique  is
contemplated,  unless such techniques have been proved effective by actual tests
in the area and in the same reservoir.

         Certain  Staff  Accounting   Bulletins  published   subsequent  to  the
promulgation  of  Regulation  S-X  have  dealt  with  matters  relating  to  the
application  of  financial  accounting  and  disclosure  rules  for  oil and gas
producing activities.  In particular,  the following  interpretations  extracted
from  Staff  Accounting  Bulletins  set forth  the  Commission  staff's  view on
specific questions pertaining to proved oil and gas reserves.

         Economic producibility of estimated proved reserves can be supported to
the satisfaction of the Office of Engineering if geological and engineering data
demonstrate  with  reasonable  certainty that those reserves can be recovered in
future years under  existing  economic and  operating  conditions.  The relative
importance of the many pieces of geological and engineering data which should be
evaluated when classifying  reserves cannot be identified in advance. In certain
instances,  proved  reserves  may be  assigned to  reservoirs  on the basis of a
combination  of electrical  and other type logs and core analyses which indicate
the reservoirs  are analogous to similar  reservoirs in the same field which are
producing  or have  demonstrated  the  ability to produce on a  formation  test.
(extracted from SAB-35)


                   RYDER SCOTT COMPANY PETROLEUM CONSULTANTS
<PAGE>


PETROLEUM RESERVES DEFINITIONS
PAGE 3



         IN DETERMINING WHETHER "PROVED UNDEVELOPED  RESERVES" ENCOMPASS ACREAGE
ON WHICH FLUID INJECTION (OR OTHER IMPROVED RECOVERY TECHNIQUE) IS CONTEMPLATED,
IS IT APPROPRIATE TO DISTINGUISH  BETWEEN (I) FLUID  INJECTION USED FOR PRESSURE
MAINTENANCE  DURING THE EARLY LIFE OF A FIELD AND (II) FLUID  INJECTION  USED TO
EFFECT SECONDARY  RECOVERY WHEN A FIELD IS IN THE LATE STAGES OF DEPLETION?  ...
THE OFFICE OF ENGINEERING BELIEVES THAT THE DISTINCTION  IDENTIFIED IN THE ABOVE
QUESTION MAY BE APPROPRIATE IN A FEW LIMITED CIRCUMSTANCES,  SUCH AS IN THE CASE
OF CERTAIN  FIELDS IN THE NORTH SEA.  THE STAFF WILL REVIEW  ESTIMATES OF PROVED
RESERVES  ATTRIBUTABLE  TO FLUID  INJECTION  IN THE LIGHT OF THE STRENGTH OF THE
EVIDENCE  PRESENTED BY THE  REGISTRANT IN SUPPORT OF A CONTENTION  THAT ENHANCED
RECOVERY WILL BE ACHIEVED. (EXTRACTED FROM SAB-35)

         COMPANIES  SHOULD REPORT  RESERVES OF NATURAL GAS LIQUIDS WHICH ARE NET
TO THEIR LEASEHOLD INTEREST,  I.E., THAT PORTION RECOVERED IN A PROCESSING PLANT
AND ALLOCATED TO THE LEASEHOLD  INTEREST.  IT MAY BE  APPROPRIATE IN THE CASE OF
NATURAL GAS LIQUIDS NOT CLEARLY ATTRIBUTABLE TO LEASEHOLD INTERESTS OWNERSHIP TO
FOLLOW  INSTRUCTION  (B) OF ITEM  2(B)(3)  OF  REGULATION  S-K AND  REPORT  SUCH
RESERVES  SEPARATELY AND DESCRIBE THE NATURE OF THE OWNERSHIP.  (EXTRACTED  FROM
SAB-35)

         THE STAFF BELIEVES THAT SINCE COALBED METHANE GAS CAN BE RECOVERED FROM
COAL IN ITS  NATURAL  AND  ORIGINAL  LOCATION,  IT SHOULD BE  INCLUDED IN PROVED
RESERVES, PROVIDED THAT IT COMPLIES IN ALL OTHER RESPECTS WITH THE DEFINITION OF
PROVED OIL AND GAS  RESERVES  AS  SPECIFIED  IN RULE  4-10(A)(2)  INCLUDING  THE
REQUIREMENT THAT METHANE PRODUCTION BE ECONOMICAL AT CURRENT PRICES, COSTS, (NET
OF THE TAX CREDIT) AND EXISTING OPERATING CONDITIONS. (EXTRACTED FROM SAB-85)

         Statements   in   Staff   Accounting   Bulletins   are  not   rules  or
interpretations  of the  Commission  nor  are  they  published  as  bearing  the
Commission's  official approval;  they represent  interpretations  and practices
followed  by the  Division  of  Corporation  Finance and the Office of the Chief
Accountant  in  administering   the  disclosure   requirements  of  the  Federal
securities laws.

SUB-CATEGORIZATION OF DEVELOPED RESERVES  (SPE/WPC DEFINITIONS)

         In  accordance  with  guidelines  adopted by the  Society of  Petroleum
Engineers (SPE) and the World Petroleum  Congress (WPC),  developed reserves may
be sub-categorized as producing or non-producing.

PRODUCING.  Reserves  sub-categorized  as producing are expected to be recovered
from  completion  intervals  which  are  open and  producing  at the time of the
estimate.  Improved  recovery  reserves are considered  producing only after the
improved recovery project is in operation.

NON-PRODUCING.  Reserves  sub-categorized  as non-producing  include shut-in and
behind pipe  reserves.  Shut-in  reserves are expected to be recovered  from (1)
completion  intervals  which are open at the time of the estimate but which have
not  started   producing,   (2)  wells  which  were  shut-in  awaiting  pipeline
connections or as a result of a market interruption, or (3) wells not capable of
production  for  mechanical  reasons.  Behind pipe  reserves  are expected to be
recovered from zones in existing wells, which will require additional completion
work or future recompletion prior to the start of production.



                   RYDER SCOTT COMPANY PETROLEUM CONSULTANTS
<PAGE>


PETROLEUM RESERVES DEFINITIONS
PAGE 4


UNPROVED RESERVES  (SPE/WPC DEFINITIONS)

         Unproved reserves are based on geologic and/or engineering data similar
to that  used in  estimates  of proved  reserves;  but  technical,  contractual,
economic, or regulatory uncertainties preclude such reserves being classified as
proved.  Unproved  reserves may be further  classified as probable  reserves and
possible reserves.

         Unproved reserves may be estimated assuming future economic  conditions
different  from  those  prevailing  at the time of the  estimate.  The effect of
possible   future   improvements  in  economic   conditions  and   technological
developments can be expressed by allocating  appropriate  quantities of reserves
to the probable and possible classifications.

PROBABLE RESERVES.  Probable reserves are those unproved reserves which analysis
of  geological  and  engineering  data  suggests  are more likely than not to be
recoverable.  In this context, when probabilistic methods are used, there should
be at least a 50 percent probability that the quantities actually recovered will
equal or exceed the sum of estimated proved plus probable reserves.

         In general,  probable reserves may include (1) reserves  anticipated to
be proved by normal step-out drilling where sub-surface control is inadequate to
classify these reserves as proved,  (2) reserves in formations that appear to be
productive  based on well log  characteristics  but lack core data or definitive
tests and which are not  analogous to producing or proved  reserves in the area,
(3)  incremental  reserves  attributable to infill drilling that could have been
classified as proved if closer  statutory  spacing had been approved at the time
of the estimate,  (4) reserves  attributable to improved  recovery  methods that
have been established by repeated commercially  successful applications when (a)
a project or pilot is planned  but not in  operation  and (b) rock,  fluid,  and
reservoir  characteristics  appear  favorable for  commercial  application,  (5)
reserves  in an area of the  formation  that  appears to be  separated  from the
proved area by faulting and the geologic  interpretation  indicates  the subject
area is structurally higher than the proved area, (6) reserves attributable to a
future  workover,  treatment,   re-treatment,  change  of  equipment,  or  other
mechanical  procedures,  where such procedure has not been proved  successful in
wells  which  exhibit  similar  behavior  in  analogous   reservoirs,   and  (7)
incremental reserves in proved reservoirs where an alternative interpretation of
performance or volumetric data indicates more reserves than can be classified as
proved.

POSSIBLE RESERVES.  Possible reserves are those unproved reserves which analysis
of geological  and  engineering  data suggests are less likely to be recoverable
than probable reserves.  In this context,  when probabilistic  methods are used,
there should be at least a 10 percent  probability that the quantities  actually
recovered  will equal or exceed the sum of estimated  proved plus  probable plus
possible reserves.

         In general,  possible reserves may include (1) reserves which, based on
geological  interpretations,  could  possibly  exist beyond areas  classified as
probable,  (2) reserves in formations that appear to be petroleum  bearing based
on log and core  analysis but may not be productive  at  commercial  rates,  (3)
incremental reserves attributed to infill drilling that are subject to technical
uncertainty,  (4) reserves  attributed to improved  recovery  methods when (a) a
project  or pilot is  planned  but not in  operation  and (b) rock,  fluid,  and
reservoir  characteristics  are such that a  reasonable  doubt  exists  that the
project will be  commercial,  and (5) reserves in an area of the formation  that
appears  to be  separated  from  the  proved  area by  faulting  and  geological
interpretation  indicates the subject area is structurally lower than the proved
area.

</TEXT>
</DOCUMENT>
