Investor Presentaiton

Active Rigs Drilling on Kimbell's Acreage (as of 6/30/2021) Kimbell has 50 active rigs (94% horizontal) drilling on our acreage at no cost to us Permian Mid-Continent 13 Well Name 1 STEDE BONNET-17 Operator BLACKBEARD 2 PRIDDY-FISCHER 10-10H 3 THUMPER C 14-23-3SH 4 YOSEF THE MOUNTAINEER 29-41 D-5WB 5 QUATTLE-ROGERS 6D-11H PIONEER SABALO BIRCH County/State CRANE, TX GLASSCOCK, TX HOWARD, TX HOWARD, TX Well Name 35 BRADFORD 23_14-15N-10W-2HX 36 COLUMBINE 22_15_10-15N-10W-3HXX 37 PETERS 1407-2H-15X 38 NELDA-5-4X33H PIONEER MARTIN, TX 39 ENGLAND-1H-9 6 QUATTLE-ROGERS 61-6H PIONEER MARTIN, TX 40 SALSMAN-2 Operator County/State BLAINE, OK BLAINE, OK DEVON ENERGY DEVON ENERGY OVINTIV GULFPORT ENERGY CITIZEN ENERGY III STEPHENS & JOHNSON CANADIAN, OK GRADY, OK MCCLAIN, OK OKLAHOMA, OK 7 DIAMOND RIO 9-16M-2813H 8 DIAMOND RIO 9-16N-2815H 9 GERMANIA S42C-3H 10 GERMANIA SPBY S43D-4H 11 LHS RANCH 40-04 0401-0401BH 12 SALLY W260-15H 13 WTH 24-13 B-221 14 BARRACUDA G-C 06H 15 SACROC UNIT-325-4A 16 LONG SHOT UNIT-5401BH 17 KEIZHA-NEAL 2-04WB 18 FORTY NINER RIDGE UNIT-109H 19 JAMES RANCH UNIT DI 1-701H SUMMIT PIONEER MIDLAND, TX PIONEER MIDLAND, TX Bakken PIONEER MIDLAND, TX PIONEER MIDLAND, TX EXXON MOBIL MIDLAND, TX PIONEER MIDLAND, TX ENDEAVOR MIDLAND, TX CENTENNIAL REEVES, TX KINDER MORGAN SCURRY, TX CONOCOPHILLIPS UPTON, TX UPTON, TX 41 HARRISBURG-4-27H 42 ROLFSRUD-152-96-29-32-7HLW 43 BIGFOOT LE 23-11-#9H 44 EN-JOHNSON A-LE--155-94-2932H-1 45 JORGENSON 158-94-12D-1--2H 46 LCU TRUMAN FEDERAL-5-23H1 HESS PETRO-HUNT CONTINENTAL Well Name Operator County/State CONTINENTAL MCKENZIE, ND OVINTIV MCKENZIE, ND KRAKEN MOUNTRAIL, ND MOUNTRAIL, ND MOUNTRAIL, ND WILLIAMS, ND MEWBOURNE EDDY, NM EXXON MOBIL EDDY, NM 20 APOLLO STATE COM-223H TAP ROCK LEA, NM 21 APOLLO STATE COM-211H TAP ROCK LEA, NM 22 APOLLO STATE COM-222H TAP ROCK LEA, NM Well Name 23 APOLLO STATE COM-134H TAP ROCK LEA, NM 47 CETERA A-1H 48 PARKER UNIT-106H Haynesville 49 CERRITO STATE G-51H Eagle Ford Operator EOG RESOURCES EOG RESOURCES County/State DEWITT, TX KARNES, TX ESCONDIDO RESOURCES II WEBB, TX Well Name Operator BP County/State BOSSIER, LA Appalachia AETHON BOSSIER, LA Well Name Operator COMSTOCK CADDO, LA 50 MCC PARTNERS (WEST) UNIT-16H RANGE RESOURCES County/State WASHINGTON, PA COMSTOCK CADDO, LA INDIGO DE SOTO, LA AETHON DE SOTO, LA DE SOTO, LA COMSTOCK DE SOTO, LA GEOSOUTHERN DE SOTO, LA ROCKCLIFF ROCKCLIFF PANOLA, TX PANOLA, TX 24 HA RA SUV; GARLAND 5-8-17 HC-001-ALT 25 HA RA SUII; SKANNAL 22-15 HC-002-ALT 26 HA RA SUG; EDGAR 31-6-7 HC-002-ALT 27 HA RA SUH;RENREW LANDS 6-7 HC-001-ALT 28 DANCE 15&22-13-14 HC-2 29 HA RC SUBB; HEWITT 8-17 HC-001-ALT 30 HA RC SUD; DESOTO 28-21 HC-002-ALT 31 HA RA SU61;TALLEY 32-29-20 HC-002-ALT 32 HA RA SUT; EDWL 18-19-30 HC-001-ALT 33 MCLAURIN HV UNIT D-4H 34 MCLAURIN HV UNIT B-2H VINE KIMBELL ROYALTY PARTNERS

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