Current Depth. Proposed TD. Current Operation

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1 Report Date Day Rig Well Name AFE Number County Spud Date Days from Spud Current Operation Current Depth Proposed TD Avg RPM AVG WOB AVG ROP Last Survey Daily Drilling Cost 1/4/14 Rig Mo Patterson UTI Pecos Rig Up 9,5' $255,774 $255,774 $1,845,8 $255,774 $3,456,15 1/5/14 Rig Mo Patterson UTI Pecos Rig Up 9,5' $2,3 $275,84 $1,845,8 $275,84 $3,456,15 1/6/14 Rig Mo Patterson UTI Pecos Rig Up 9,5' $6,748 $282,552 $1,845,8 $282,552 $3,456,15 Cum Drilling Cost Dry Hole AFE All Costs Total AFE 1/7/14 Patterson UTI Pecos 1/6/214 23:3: PM Spud 9,5' $36,128 $318,68 $1,845,8 $318,68 $3,456,15 1/7/14 1 Patterson UTI Pecos 1/6/214 23:3: PM 1 Drilling 158 9,5' $36,128 $318,68 $1,845,8 $318,68 $3,456,15 1/8/14 2 Patterson UTI Pecos 1/6/214 23:3: PM 2 Drilling 693 9,5' $13,143 $421,823 $1,845,8 $421,823 $3,456,15 1/9/14 3 Patterson UTI Pecos 1/6/214 23:3: PM 3 W.O.C 925 9,5' $94,621 $516,444 $1,845,8 $516,444 $3,456,15 1/1/14 4 Patterson UTI Pecos 1/6/214 23:3: PM 4 P.O.O.H 925 9,5'.6 $27,121 $543,565 $1,845,8 $543,565 $3,456,15 1/11/14 5 Patterson UTI Pecos 1/6/214 23:3: PM 5 Drilling 2,21 9,5' $43,323 $586,888 $1,845,8 $586,888 $3,456,15 1/12/14 6 Patterson UTI Pecos 1/6/214 23:3: PM 6 Drilling 3,59 9,5' $29,832 $616,72 $1,845,8 $616,72 $3,456,15 1/13/14 7 Patterson UTI Pecos 1/6/214 23:3: PM 7 Drilling 5,16 9,5' $31,56 $648,226 $1,845,8 $648,226 $3,456,15 1/14/14 8 Patterson UTI Pecos 1/6/214 23:3: PM 8 Drilling 5,936 9,5' $64,631 $712,857 $1,845,8 $712,857 $3,456,15 1/15/14 9 Patterson UTI Pecos 1/6/214 23:3: PM 9 Reaming 5,976 9,5' $3,37 $743,227 $1,845,8 $743,227 $3,456,15 1/16/14 1 Patterson UTI Pecos 1/6/214 23:3: PM 1 TIH w/ vertical drilling assembly 6,396 9,5' $56,451 $799,678 $1,845,8 $799,678 $3,456,15 1/17/14 11 Patterson UTI Pecos 1/6/214 23:3: PM ' 6,493 9,5' $34,84 $833,761 $1,845,8 $833,761 $3,456,15 1/18/14 12 Patterson UTI Pecos 1/6/214 23:3: PM 12 Circulating 7,155 9,5' $56,654 $89,416 $1,845,8 $89,416 $3,456,15 1/19/14 13 Patterson UTI Pecos 1/6/214 23:3: PM 13 Cement Operations 7,155 9,5' 2.5 $215,548 $1,15,963 $1,845,8 $1,15,963 $3,456,15 1/2/14 14 Patterson UTI Pecos 1/6/214 23:3: PM 14 7,155 9,5' 2.5 $94,949 $1,2,912 $1,845,8 $1,2,912 $3,456,15 1/21/14 15 Patterson UTI Pecos 1/6/214 23:3: PM 15 Drilling ahead 7,355 9,5' $53,958 $1,254,87 $1,845,8 $1,254,87 $3,456,15 1/22/14 16 Patterson UTI Pecos 1/6/214 23:3: PM 16 Drilling 8,444 9,5' $34,84 $1,288,954 $1,845,8 $1,288,954 $3,456,15 1/23/14 17 Patterson UTI Pecos 1/6/214 23:3: PM 17 Drilling 9,21 9,5' $22,764 $1,491,718 $1,845,8 $1,491,718 $3,456,15 1/24/14 18 Patterson UTI Pecos 1/6/214 23:3: PM 18 L/D Bit 9,517 9,5' $85,366 $1,577,84 $1,845,8 $1,577,84 $3,456,15 1/25/14 19 Patterson UTI Pecos 1/6/214 23:3: PM 19 L/D DP 9,515 9,5'.7 $92,517 $1,669,61 $1,845,8 $1,848,194 $3,456,15 1/26/14 2 Patterson UTI Pecos 1/6/214 23:3: PM 2 Rigging Down 9,5' $31,196 $1,7,797 $1,845,8 $1,884,4 $3,456,15

2 THREE RIVERS OPERATING COMPANY Estimated Costs and Authorization for Expenditure (AFE) Cost Center County Pecos Date 8/4/214 Well Name State TX AFE No Legal Desc 198' FEL & 198' FSL Depth 9,5' AFE Type D&C Field Wolfbone API# Budget Year 214 Objective Canyon,Bonespring,Lnrd, Wlfmp WI % 1% Est Start Date 9/25/214 Description D&C a 93' test of the Wolfbone trend area Sub Acct Intangible Costs Dry Hole Completion Total 1 Legal & Title Opinion $15, $15, 11 Staking & Permitting $3,5 $3,5 12 Location Roads Damages $15, $9, $159, 13 Rig Mobilization $125, $125, 14 Rig Daywork / Footage $325, $42,5 $367,5 15 Rig Turnkey 16 Power & Fuel $72, $72, 17 Water & Water Well $1, $5, $15, 18 Mud Chemicals & Fluids $15, $15, 19 Mud Cuttings & Water Disposal $5, $15, $2, 11 Bits, Reamer, Stabilizers $65, $2,5 $67,5 111 Directional Tools & Service $175, $175, 112 Cement & Cementing Services $115, $5, $165, 113 Mud Logging $25, $25, 114 Open Hole Logging $11, $11, 115 Form Eval - Well Testing DST 116 Tubular Inspection $5, $5, 118 Cased Hole Logging, Perf & Svs $1, $1, 119 Frac Tanks 12 Csg Crews & Tools-Drive Hammer 2, $2, 121 Formation Evaluation $5, $5, 122 Formation Stimulatn Acid Frac $55, $55, 123 Transportation $1, $1, 124 Flowback Contractor $3, $3, 125 Kill Trucks $1, $1, 126 Equipment Rental $5, $1, $15, 127 Contract Labor & Serivces $1, $5, $15, 128 Wellsite Consultant $3, $1, $4, 129 Company Supervision & Labor $3, $3, 13 Overhead 131 Unanticipated MajExp Fishing 132 Environmental & Safety Costs $2,5 $2,5 133 Insurance $5, $5, 134 Other Specialized Services $8, $8, 135 Misc Supplies & Materials $5, $5, 199 Contingency $74,8 $44,35 $119,15 Intangible Subtotal $1,57,8 $931,35 $2,52,15

3 THREE RIVERS OPERATING COMPANY Estimated Costs and Authorization for Expenditure (AFE) Cost Center County Pecos Date 8/4/214 Well Name State TX AFE No Legal Desc 198' FEL & 198' FSL Depth 9,5' AFE Type D&C Field Wolfbone API# Budget Year 214 Objective Canyon,Bonespring,Lnrd, Wlfmp WI % 1% Est Start Date 9/25/214 Description D&C a 93' test of the Wolfbone trend area Sub Acct Tangible Costs Dry Hole Completion Facilities Total 2 Drive Pipe Conductor Casing 21 Surface Casing $65, 65, 22 Intermediate Casing $21, 21, 23 Liner Casing 24 Subs Flt Eqpt Centralizers Etc 5, 5, 25 Wellhead / Tree $1, 1, 26 Sub Surface Equipment $1, 1, 27 Production Casing $19, 19, 28 Tubing $6, 6, 29 Rods $5, 5, 21 Downhole Pumps $1, 1, 213 Pumping Unit & Jet Pumps 9, 9, 214 Engines & Motors 2, 2, 215 Sales Gathering Line 216 Separation Equipment 1, 1, 217 Oil Treating Heating Equipment 15, 15, 218 Gas Treating Dehy Equipment 219 Tanks Walkways & Stairs 6, 6, 22 Meters & Meter Runs 5, 5, 221 Electrical Equip Install 222 Flowlines 5, 5, 223 Piping & Valves 25, 25, 224 Surface Pumps 1,5 1,5 225 Automation Telemetry Equipment 6,5 6,5 226 Site - Roads Fences Gates Cattleguards 6, 6, 227 Installation Costs 5, 5, 132 Environmental & Safety Costs 135 Misc Supplies & Materials 5, 5, 199 Contingency Tangible Subtotal $275, $335, $344, $954, Total AFE Costs $1,845,8 $1,266,35 $344, $3,456,15 Company Interest Approved by Date Three Rivers Operating Company 1% Prepared by Drilling Prepared by Operations Operations Approved Engineering Approved Geology Approved Land Approved Management Approved Date Date Date Date Date Date Date Gross AFE Dry Hole $1,845,8 Net AFE Dry Hole $1,845,8 Gross AFE Completion & Facilities $1,61,35 Net AFE Completion & Facilities $1,61,35 Gross AFE Total $3,456,15 Net AFE Total $3,456,15

4 3ROCII MATERIAL TRANSFER Date: 1/6/214 MT # From Location: (Property Name) From AFE#: Hauled By: To Location: (Property Name) Fort Worth Pipe To AFE#: Remarks: Fort Worth Pipe (Malcom Hall) Truck Number 2473 New pipe CONDITION UNIT ITEM DESCRIPTION (A,B,C,D,E) JOINTS QUANTITY PRICE TOTAL /8" 54.5# J-55 LTC A Condition: A-New: B- Used/Premium C- New or used, but rquires re-work: STATE TAX D- New or used, sub-grade E- Junk COUNTY TAX TOTAL Issued By: Isaac Ramos Approved By: DATE: 1/6/214 DATE:

5 3ROCII MATERIAL TRANSFER Date: 1/6/214 MT # From Location: (Property Name) From AFE#: Three Rivers () To Location: (Property Name) To AFE#: Fort Worth Pipe Hauled By: Remarks: Fort Worth Pipe (Malcom Hall) Truck Number 2473 Hauled back excess pipe due to sufficient footage on location CONDITION UNIT ITEM DESCRIPTION (A,B,C,D,E) JOINTS QUANTITY PRICE TOTAL Casing 13-3/8" 54.5# J-55 LTC A Condition: A-New: B- Used/Premium C- New or used, but rquires re-work: STATE TAX D- New or used, sub-grade E- Junk COUNTY TAX TOTAL Issued By: Isaac Ramos Approved By: DATE: 1/6/214 DATE:

6 3ROCII Water & Disposal Tracker WELL AFE# Please contact any of the following people for water delivery or fluid disposal : BASIC J.J : or consult the on-call list sent weekly by JEFF SHAMBLIN BRINE RIG WATER HAULED IN DATE TIME DSM CALLING for SERVICE WATER VOLUME HAULED IN (BBLS) PERSON CONTACTED FOR WATER REQUEST, or whomever "on-call") CONTRACTOR DELIVERING WATER (Company Name) WATER SOURCE CONTRACTOR REPRESENTATIVE DELIVERING WATER (Person's Name) Manifest Number Estimated Cost ($) PURPOSE (i.e. rig water, cementing, transfer from last well, etc...) RIG WATER DISPOSAL DATE TIME DSM CALLING for SERVICE WATER VOLUME HAULED OUT (BBLS) PERSON CONTACTED FOR WATER DISPOSAL (i.e Kent, Joe, Chris, Jon, or whomever "on-call") CONTRACTOR HAULING WATER OFF (Company Name) DISPOSAL (or treatment) FACILITY / WATER DESTINATION CONTRACTOR REPRESENTATIVE HAULING WATER (Person's Name) Manifest Number Estimated Cost ($) PURPOSE (i.e. grey water, pit full, spill, rain water, etc...) TOTAL WATER HAULED IN (BBLS) TOTAL COST OF WATER HAULED IN ($) TOTAL WATER DISPOSED (BBLS) TOTAL COST OF DISPOSAL ($). $. $

7 3ROCII Water & Disposal Tracker WELL AFE# FRESH WATER DATE TIME DSM CALLING BBLS PERSON CONTACTED FOR WATER REQUEST PUT NAME OF WHO YOU CALLED CONTRACTOR RIG WATER HAULED IN WATER SOURCE CONTRACTOR REPRESENTATIVE DELIVERING WATER (Person's Name) Manifest Number Estimated Cost ($) PURPOSE (i.e. rig water, cementing, transfer from last well, etc...) 1/5/14 5:56pm Isaac Ramos 25 Rito Gomez Cinco Oilfield Service, LLC Frac Pit Joel Augustine $172.5 Reserve water 1/5/14 5:56pm Isaac Ramos 25 Rito Gomez Cinco Oilfield Service, LLC Frac Pit Eduardo Calderon $172.5 Reserve water 1/5/14 5:56pm Isaac Ramos 25 Rito Gomez Cinco Oilfield Service, LLC Frac Pit Alejandro Flores $172.5 Reserve water 1/5/14 5:56pm Isaac Ramos 25. Rito Gomez Cinco Oilfield Service, LLC Frac Pit Leon C Rogers $172.5 Reserve water 1/5/14 5:56pm Isaac Ramos 1. Rito Gomez Cinco Oilfield Service, LLC Frac Pit Leon C Rogers $69 Reserve water 1/5/14 5:56pm Isaac Ramos 875. Rito Gomez Cinco Oilfield Service, LLC Frac Pit Alejandro Flores $63.75 Reserve water 1/5/14 5:56pm Isaac Ramos 875. Rito Gomez Cinco Oilfield Service, LLC Frac Pit Eduardo Calderon $63.75 Reserve water 1/5/14 5:56pm Isaac Ramos 875. Rito Gomez Cinco Oilfield Service, LLC Frac Pit Joel Augustine $63.75 Reserve water WATER DISPOSAL DATE TIME DSM CALLING for SERVICE WATER VOLUME HAULED OUT (BBLS) PERSON CONTACTED FOR WATER DISPOSAL (i.e Kent, Joe, Chris, Jon, or whomever "on-call") CONTRACTOR HAULING WATER OFF (Company Name) DISPOSAL (or treatment) FACILITY / WATER DESTINATION CONTRACTOR REPRESENTATIVE HAULING WATER (Person's Name) Manifest Number Estimated Cost ($) PURPOSE (i.e. grey water, pit full, spill, rain water, etc...) ULED IN (BBLS) HAULED IN ($) SPOSED (BBLS) $3, F DISPOSAL ($). $

8 3ROCII Water & Disposal Tracker WELL AFE# WATER WELL METER WATER METER TRACKER SERIAL # NO METER ON PUMP DATE TIME METER START - METER END WATER VOLUME COST PER BBL PURPOSE (i.e. rig water, cementing, transfer from last well, WATER WELL RECEIVE WATER FROM WATER LINE SUPPLIER PERSON OPERATING METER TOTAL BBLS PUMPED PUMPED IN $.4 XBBLS etc...) 1/5/14 6:32pm University Lands Isaac Ramos 979 $391.6 Reserve Water 1/6/14 3:25pm University Lands Isaac Ramos 979 $391.6 Reserve Water 1/7/14 9:am University Lands Isaac Ramos 979 $391.6 Reserve Water 1/8/14 1:3am University Lands Isaac Ramos 979 $391.6 Reserve Water 1/9/14 1:3pm University Lands Isaac Ramos 979 $391.6 Reserve Water 1/1/14 2:15pm University Lands Isaac Ramos 979 $391.6 Reserve Water 1/11/14 1:25am University Lands Isaac Ramos 979 $391.6 Reserve Water 1/12/14 1:45am 215 University Lands Isaac Ramos 979 $391.6 Reserve Water 1/13/14 8:am University Lands Isaac Ramos 979 $391.6 Reserve Water 1/14/14 7:3am University Lands Isaac Ramos 979 $391.6 Reserve Water 1/15/14 6:pm University Lands Isaac Ramos 1963 $785.2 Reserve Water 1/16/14 6:pm University Lands Richard Nicholson 1/17/14 6:pm University Lands Richard Nicholson 1/18/14 3:pm University Lands Richard Nicholson 1/19/14 9:p.m University Lands Richard Nicholson $661.6 Reserve Water 1/2/14 3:p.m University Lands Richard Nicholson 1/24/14 11:am University Lands Richard Nicholson 1/25/14 12:p.m University Lands Richard Nicholson RIG WATER DISPOSAL DATE TIME DSM CALLING for SERVICE WATER VOLUME HAULED OUT (BBLS) PERSON CONTACTED FOR WATER DISPOSAL JJ or whomever "oncall") CONTRACTOR HAULING WATER OFF (Company Name) DISPOSAL (or treatment) FACILITY / WATER DESTINATION CONTRACTOR REPRESENTATIVE HAULING WATER (Person's Name) Manifest Number Estimated Cost ($) PURPOSE (i.e. grey water, pit full, spill, rain water, etc...) TOTAL WATER HAULED IN (BBLS) TOTAL COST OF WATER HAULED IN ($) TOTAL WATER DISPOSED (BBLS) TOTAL COST OF DISPOSAL ($). $5, $

9 3ROCII Water & Disposal Tracker WELL AFE# TRANSFER PITS WATER VOLUME DATE TIME TRUCKING CO HAULING HAULED IN INVOICE NUMBER FRESH WATER OR BRINE COMPANY REP TOTAL BBLS HAULED Estimated Cost ($) PURPOSE (i.e. rig water, cementing, transfer from last well, etc...) RIG WATER DISPOSAL DATE TIME DSM CALLING for SERVICE WATER VOLUME HAULED OUT (BBLS) PERSON CONTACTED FOR WATER DISPOSAL JJ or whomever "oncall") CONTRACTOR HAULING WATER OFF (Company Name) DISPOSAL (or treatment) FACILITY / WATER DESTINATION CONTRACTOR REPRESENTATIVE HAULING WATER (Person's Name) Manifest Number Estimated Cost ($) PURPOSE (i.e. grey water, pit full, spill, rain water, etc...) TOTAL WATER HAULED IN (BBLS) TOTAL COST OF WATER HAULED IN ($) TOTAL WATER DISPOSED (BBLS) TOTAL COST OF DISPOSAL ($). $. $

10 AFE# DATE: 1/1/14 CSG SET 952 Prod Csg Size, wt, grade Item # Centr. Top SHOE Centr FC Centr Centr Centr Centr Centr Centr Centr Centr Centr Centr Centr Centr Centr Centr Centr Centr Centr Centr Centr Centr Centr

11 AFE# DATE: 1/1/14 CSG SET 952 Prod Csg Size, wt, grade Item # Centr. Top

12 AFE# DATE: 1/1/14 CSG SET 952 Prod Csg Size, wt, grade Item # Centr. Top

13 Well Name SPUD DATE: :3: Rig Release H or K Drilling Time 129 Intangible D GEN ACCT SUB ACCT D Keep D Keep D Keep D Keep D Keep D Hide D Keep D Keep D Keep D Keep D Keep D Keep D Keep D Keep D Keep D Hide D Keep D Hide D Keep D Keep D Hide D Hide D Keep D Hide D Hide D Keep D Keep D Keep D Keep D Hide D Hide D Keep D Keep D Hide D Keep D Keep Hide D.. Keep D.. Tangible Drilling

14 D Keep D Keep D Keep D Hide D Keep D Keep D Keep Hide D.. Keep C.. Intangible Completion C Hide C Hide C Keep C Hide C Keep C Hide C Hide C Keep C Hide C Keep C Keep C Hide C Keep C Hide C Keep C Hide C Keep C Keep C Keep C Keep C Keep C Keep C Keep C Keep C Keep C Hide C Hide C Hide C Hide C Hide C Keep C Keep C Keep Hide C.. Keep C.. Tangible Completion C Keep

15 C Keep C Keep C Keep C Keep C Keep C Keep Hide C.. Keep F.. Production Equipment F Keep F Keep F Hide F Keep F Keep F Hide F Keep F Keep F Hide F Keep F Keep F Keep F Keep F Keep F Keep F Hide F Keep F Hide Hide F.. Keep.. Totals.. Keep.. Keep.. Keep.. Keep

16 THREE RIVERS OPERATING COMPANY II LLC. County Pecos DATE 1/5/214 1/6/214 AFE #: DAYS PLANNED WI % 1% ' ' AFE AMNT $3,456,15 ACTUAL ' ' INTANGIBLE DRILLING COSTS AFE AMNT EST. CUM. 1/5/214 1/6/214 Legal & Title Opinion $15, $15, $15, Staking & Permitting $3,5 $3,5 $3,5 Location Roads Damages $15, $15, $15, Rig Mobilization $125, $6, $6, Rig Daywork / Footage $325, $37,23 $13,76 $13,76 Rig Turnkey $ $ Power & Fuel $72, $72,837 $1,714 Water & Water Well $1, $38,751 Mud Chemicals & Fluids $15, $24,754 Mud Cuttings & Water Disposal $5, $ Bits, Reamer, Stabilizers $65, $52,983 Directional Tools & Service $175, $81, Cement & Cementing Services $115, $119,11 Mud Logging $25, $17,6 Open Hole Logging $11, $ Form Eval - Well Testing DST $ $ Tubular Inspection $5, $6,64 Cased Hole Logging, Perf & Svs $ $ Frac Tanks $ $6,6 $3 $3 Csg Crews & Tools-Drive Hammer $ $36,313 Formation Evaluation $ $ Formation Stimulatn Acid Frac $ $ Transportation $ $27,734 Flowback Contractor $ $ Kill Trucks $ $ Equipment Rental $5, $37,235 $3,47 Contract Labor & Serivces $1, $18,671 Wellsite Consultant $3, $55, $2,5 $2,5 Company Supervision & Labor $3, $ Overhead $ $ Unanticipated MajExp Fishing $ $ Environmental & Safety Costs $2,5 $ Insurance $5, $ Other Specialized Services $ $ Misc Supplies & Materials $ $9,376 Contingency $74,8 $9,313 RIG MOVE SUB-TOTAL INTANGIBLE DRILLING COSTS $1,57,8 $1,473,511 $255,774 $2,3 TANGIBLE DRILLING COSTS AFE AMNT EST. CUM. 1/5/214 1/6/214

17 Drive Pipe Conductor Casing $ $31,52 Surface Casing $65, $3,793 Intermediate Casing $21, $15,255 Liner Casing $ $ Subs Flt Eqpt Centralizers Etc $ $3,64 Wellhead / Tree $ $2,596 Sub Surface Equipment $ $8,535 SUB-TOTAL TANGIBLE DRILLING COSTS $275, $227,285 $ $ INTANGIBLE COMPLETION COSTS AFE AMNT EST. CUM. 1/5/214 1/6/214 Legal & Title Opinion $ $ Staking & Permitting $ $ Location Roads Damages $9, $ Rig Mobilization $ $ Completion Rig $42,5 $ Rig Turnkey $ $ Power & Fuel $ $ Water & Water Well $5, $ Mud Chemicals & Fluids $ $ Mud Cuttings & Water Disposal $15, $ Bits, Reamer, Stabilizers $2,5 $ Directional Tools & Service $ $ Cement & Cementing Services $5, $ Tubular Inspection $ $ Cased Hole Logging, Perf & Svs $1, $ Frac Tanks $ $ Csg Crews & Tools-Drive Hammer $2, $ Formation Evaluation $5, $ Formation Stimulatn Acid Frac $55, $ Transportation $1, $ Flowback Contractor $3, $ Kill Trucks $1, $ Equipment Rental $1, $ Contract Labor & Serivces $5, $ Wellsite Consultant $1, $ Company Supervision & Labor $ $ Overhead $ $ Unanticipated MajExp Fishing $ $ Environmental & Safety Costs $ $ Insurance $ $ Other Specialized Services $8, $ Misc Supplies & Materials $5, $ Contingency $44,35 $ SUB-TOTAL INTANGIBLE COMPLETION COSTS $931,35 $ $ $ TANGIBLE COMPLETION COSTS AFE AMNT EST. CUM. 1/5/214 1/6/214 Subs Flt Eqpt Centralizers Etc $5, $

18 Wellhead / Tree $1, $ Sub Surface Equipment $1, $4,65 Production Casing $19, $178,593 Tubing $6, $ Rods $5, $ Downhole Pumps $1, $ SUB-TOTAL TANGIBLE COMPLETION COSTS $335, $183,243 $ $ PRODUCTION EQUIPMENT AFE AMNT EST. CUM. 1/5/214 1/6/214 Pumping Unit & Jet Pumps $9, $ Engines & Motors $2, $ Sales Gathering Line $ $ Separation Equipment $1, $ Oil Treating Heating Equipment $15, $ Gas Treating Dehy Equipment $ $ Tanks Walkways & Stairs $6, $ Meters & Meter Runs $5, $ Electrical Equip Install $ $ Flowlines $5, $ Piping & Valves $25, $ Surface Pumps $1,5 $ Automation Telemetry Equipment $6,5 $ Site - Roads Fences Gates Cattleguards $6, $ Installation Costs $5, $ Environmental & Safety Costs $ $ Misc Supplies & Materials $5, $ Contingency $ $ SUB-TOTAL PRODUCTION EQUIPMENT $344, $ $ $ TOTALS AFE AMNT EST. CUM. 1/5/214 1/6/214 GRAND TOTAL $3,456,15 $1,884,4 $255,774 $2,3 Dry Hole Total $1,845,8 $1,7,797 $255,774 $2,3 Completion Total $1,266,35 $183,243 $ $ Facility Total $344, $ $ $

19 E & RIG UP TRACKING End Date Day 1 1/7/214 1/8/214 1/9/214 1/7/214 1/8/214 1/9/214 1/1/214 1/11/ ' ' ' 9,5' 9,5' 9,5' 9,5' 9,5' ' ' ' 158' 693' 925' 925' 2,21' 1/7/214 1/8/214 1/9/214 1/7/214 1/8/214 1/9/214 1/1/214 1/11/214 $5,16 $1,75 $17,2 $17,2 $17,2 $17,2 $15,57 $26,5 $5,426 $7,675 $1,216 $4,196 $84 $7,6 $35 $35 $3,6 $31,529 $3,3 $1,2 $113 $187 $6 $3 $3 $8,66 $6,47 $772 $538 $897 $7,68 $1,7 $925 $1,88 $1,275 $1,65 $4,375 $938 $1,563 $2,5 $2,5 $2,5 $2,5 $3,938 $6,748 $ $ $36,128 $71,641 $62,627 $27,121 $43,323 1/7/214 1/8/214 1/9/214 1/7/214 1/8/214 1/9/214 1/1/214 1/11/214

20 $31,52 $3,793 $1,2 $ $ $ $ $31,52 $31,993 $ $ 1/7/214 1/8/214 1/9/214 1/7/214 1/8/214 1/9/214 1/1/214 1/11/214 1/7/214 1/8/214 1/9/214 1/7/214 1/8/214 1/9/214 1/1/214 1/11/214

21 1/7/214 1/8/214 1/9/214 1/7/214 1/8/214 1/9/214 1/1/214 1/11/214 1/7/214 1/8/214 1/9/214 1/7/214 1/8/214 1/9/214 1/1/214 1/11/214 $6,748 $ $ $36,128 $13,143 $94,621 $27,121 $43,323 $6,748 $ $ $36,128 $13,143 $94,621 $27,121 $43,323

22 1/12/214 1/13/214 1/14/214 1/15/214 1/16/214 1/17/214 1/18/214 1/19/ ,5' 9,5' 9,5' 9,5' 9,5' 9,5' 9,5' 9,5' 3,59' 4,48' 5,936' 5,976' 6,396' 6,465' 7,155' 7,155' 1/12/214 1/13/214 1/14/214 1/15/214 1/16/214 1/17/214 1/18/214 1/19/214 $17,2 $17,2 $17,2 $17,2 $17,2 $17,2 $17,2 $17,2 $21,79 $8,75 $8,342 $3,735 $5,257 $3,445 $11,814 $9 9 $5,168 $55 $11,5 $17, $8,5 $8,5 $8,5 $1,1 $1,1 $1,1 $1,1 $1,1 $1,1 $1,1 $1,1 $2,14 $3 $3 $3 $3 $3 $3 $3 $3 $15,97 $6,25 $829 $784 $1,7 $1,385 $1,385 $1,385 $1,385 $1,385 $1,385 $1,385 $1,385 $1, $3 $2,5 $2,5 $2,5 $2,5 $2,5 $2,5 $2,5 $2,5 $634 $2,712 $2,864 $5,876 $2,761 $5,132 $3,99 $5,15 $5,7 $29,832 $31,56 $64,631 $3,37 $56,451 $34,84 $56,654 $62,697 1/12/214 1/13/214 1/14/214 1/15/214 1/16/214 1/17/214 1/18/214 1/19/214

23 $15,255 $2,596 $ $ $ $ $ $ $ $152,851 1/12/214 1/13/214 1/14/214 1/15/214 1/16/214 1/17/214 1/18/214 1/19/214 1/12/214 1/13/214 1/14/214 1/15/214 1/16/214 1/17/214 1/18/214 1/19/214

24 1/12/214 1/13/214 1/14/214 1/15/214 1/16/214 1/17/214 1/18/214 1/19/214 1/12/214 1/13/214 1/14/214 1/15/214 1/16/214 1/17/214 1/18/214 1/19/214 $29,832 $31,56 $64,631 $3,37 $56,451 $34,84 $56,654 $215,548 $29,832 $31,56 $64,631 $3,37 $56,451 $34,84 $56,654 $215,548

25 1/2/214 1/21/214 1/22/214 1/23/214 1/24/214 1/25/214 1/26/214 1/27/ ,5' 9,5' 9,5' 9,5' 9,5' 9,5' 9,5' 9,5' 7,155' 1/2/214 1/21/214 1/22/214 1/23/214 1/24/214 1/25/214 1/26/214 1/27/214 $17,2 $17,2 $17,2 $17,2 $17,2 $17,2 $17,2 $8,94 $1,797 $1,676 $1,676 $1,676 $6,326 $17,1 $43,444 $9,742 $22,515 $4,5 $8,5 $8,5 $8,5 $8,5 $5,11 $37,381 $1,1 $1,1 $1,1 $1,1 $1,1 $2,64 $1,2 $3 $3 $3 $3 $3 $3 $3 $11,737 $1,93 $1,385 $1,385 $1,385 $1,385 $1,385 $1,385 $1,385 $1,472 $3, $3 $5,299 $2,5 $2,5 $2,5 $2,5 $2,5 $2,5 $2,5 $8,742 $7,856 $4,95 $3,99 $18,433 $7,761 $8,192 $2,836 $86,414 $53,958 $34,84 $22,764 $85,366 $9,113 $31,196 $ 1/2/214 1/21/214 1/22/214 1/23/214 1/24/214 1/25/214 1/26/214 1/27/214

26 $2,44 $8,535 $8,535 $ $ $ $ $2,44 $ $ 1/2/214 1/21/214 1/22/214 1/23/214 1/24/214 1/25/214 1/26/214 1/27/214 1/2/214 1/21/214 1/22/214 1/23/214 1/24/214 1/25/214 1/26/214 1/27/214

27 $178,593 $4,65 $ $ $ $ $ $178,593 $4,65 $ 1/2/214 1/21/214 1/22/214 1/23/214 1/24/214 1/25/214 1/26/214 1/27/214 1/2/214 1/21/214 1/22/214 1/23/214 1/24/214 1/25/214 1/26/214 1/27/214 $94,949 $53,958 $34,84 $22,764 $85,366 $271,11 $35,846 $ $94,949 $53,958 $34,84 $22,764 $85,366 $92,517 $31,196 $ $ $ $ $ $ $178,593 $4,65 $

28 1/28/214 1/29/214 1/3/214 1/31/214 11/1/214 11/2/214 11/3/214 11/4/ ,5' 9,5' 9,5' 9,5' 9,5' 9,5' 9,5' 9,5' 1/28/214 1/29/214 1/3/214 1/31/214 11/1/214 11/2/214 11/3/214 11/4/214 1/28/214 1/29/214 1/3/214 1/31/214 11/1/214 11/2/214 11/3/214 11/4/214

29 1/28/214 1/29/214 1/3/214 1/31/214 11/1/214 11/2/214 11/3/214 11/4/214 1/28/214 1/29/214 1/3/214 1/31/214 11/1/214 11/2/214 11/3/214 11/4/214

30 1/28/214 1/29/214 1/3/214 1/31/214 11/1/214 11/2/214 11/3/214 11/4/214 1/28/214 1/29/214 1/3/214 1/31/214 11/1/214 11/2/214 11/3/214 11/4/214

31 11/5/214 11/6/214 11/7/214 11/8/214 11/9/214 11/1/214 11/11/214 11/12/ ,5' 9,5' 9,5' 9,5' 9,5' 9,5' 9,5' 9,5' 11/5/214 11/6/214 11/7/214 11/8/214 11/9/214 11/1/214 11/11/214 11/12/214 11/5/214 11/6/214 11/7/214 11/8/214 11/9/214 11/1/214 11/11/214 11/12/214

32 11/5/214 11/6/214 11/7/214 11/8/214 11/9/214 11/1/214 11/11/214 11/12/214 11/5/214 11/6/214 11/7/214 11/8/214 11/9/214 11/1/214 11/11/214 11/12/214

33 11/5/214 11/6/214 11/7/214 11/8/214 11/9/214 11/1/214 11/11/214 11/12/214 11/5/214 11/6/214 11/7/214 11/8/214 11/9/214 11/1/214 11/11/214 11/12/214

34 11/13/214 11/14/214 11/15/214 11/16/214 11/17/214 11/18/214 11/19/214 11/2/ ,5' 9,5' 9,5' 9,5' 9,5' 9,5' 9,5' 9,5' 11/13/214 11/14/214 11/15/214 11/16/214 11/17/214 11/18/214 11/19/214 11/2/214 11/13/214 11/14/214 11/15/214 11/16/214 11/17/214 11/18/214 11/19/214 11/2/214

35 11/13/214 11/14/214 11/15/214 11/16/214 11/17/214 11/18/214 11/19/214 11/2/214 11/13/214 11/14/214 11/15/214 11/16/214 11/17/214 11/18/214 11/19/214 11/2/214

36 11/13/214 11/14/214 11/15/214 11/16/214 11/17/214 11/18/214 11/19/214 11/2/214 11/13/214 11/14/214 11/15/214 11/16/214 11/17/214 11/18/214 11/19/214 11/2/214

37 11/21/214 11/22/214 11/23/214 11/24/214 11/25/214 Additional Costs 9,5' 9,5' 9,5' 9,5' 9,5' 1' 11/21/214 11/22/214 11/23/214 11/24/214 11/25/214 Additional DRILLING COMMENTS $ $ $ $ $ $ 11/21/214 11/22/214 11/23/214 11/24/214 11/25/214 Additional DRILLING COMMENTS

38 $ $ $ $ $ $ 11/21/214 11/22/214 11/23/214 11/24/214 11/25/214 Additional COMPLETION COMMENTS $ $ $ $ $ $ 11/21/214 11/22/214 11/23/214 11/24/214 11/25/214 Additional COMPLETION COMMENTS

39 $ $ $ $ $ $ 11/21/214 11/22/214 11/23/214 11/24/214 11/25/214 Additional COMPLETION COMMENTS $ $ $ $ $ $ 11/21/214 11/22/214 11/23/214 11/24/214 11/25/214 Additional COMMENTS $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $

40 12/5/212 12/6/212 12/7/212 12/8/212 12/9/212 12/1/212 12/11/212 12/12/ /5/212 12/6/212 12/7/212 12/8/212 12/9/212 12/1/212 12/11/212 12/12/212 12/5/212 12/6/212 12/7/212 12/8/212 12/9/212 12/1/212 12/11/212 12/12/212

41 12/5/212 12/6/212 12/7/212 12/8/212 12/9/212 12/1/212 12/11/212 12/12/212 12/5/212 12/6/212 12/7/212 12/8/212 12/9/212 12/1/212 12/11/212 12/12/212

42 12/5/212 12/6/212 12/7/212 12/8/212 12/9/212 12/1/212 12/11/212 12/12/212 12/5/212 12/6/212 12/7/212 12/8/212 12/9/212 12/1/212 12/11/212 12/12/212

43 12/13/212 12/14/212 12/15/212 12/16/212 12/17/212 12/18/212 12/19/212 12/2/ /13/212 12/14/212 12/15/212 12/16/212 12/17/212 12/18/212 12/19/212 12/2/212 12/13/212 12/14/212 12/15/212 12/16/212 12/17/212 12/18/212 12/19/212 12/2/212

44 12/13/212 12/14/212 12/15/212 12/16/212 12/17/212 12/18/212 12/19/212 12/2/212 12/13/212 12/14/212 12/15/212 12/16/212 12/17/212 12/18/212 12/19/212 12/2/212

45 12/13/212 12/14/212 12/15/212 12/16/212 12/17/212 12/18/212 12/19/212 12/2/212 12/13/212 12/14/212 12/15/212 12/16/212 12/17/212 12/18/212 12/19/212 12/2/212

46 12/21/212 12/22/212 12/23/212 12/24/212 12/25/212 12/26/212 12/27/212 12/28/ /21/212 12/22/212 12/23/212 12/24/212 12/25/212 12/26/212 12/27/212 12/28/212 12/21/212 12/22/212 12/23/212 12/24/212 12/25/212 12/26/212 12/27/212 12/28/212

47 12/21/212 12/22/212 12/23/212 12/24/212 12/25/212 12/26/212 12/27/212 12/28/212 12/21/212 12/22/212 12/23/212 12/24/212 12/25/212 12/26/212 12/27/212 12/28/212

48 12/21/212 12/22/212 12/23/212 12/24/212 12/25/212 12/26/212 12/27/212 12/28/212 12/21/212 12/22/212 12/23/212 12/24/212 12/25/212 12/26/212 12/27/212 12/28/212

49 12/29/212 12/3/212 12/31/212 1/1/213 1/2/213 1/3/213 1/4/213 1/5/ /29/212 12/3/212 12/31/212 1/1/213 1/2/213 1/3/213 1/4/213 1/5/213 12/29/212 12/3/212 12/31/212 1/1/213 1/2/213 1/3/213 1/4/213 1/5/213

50 12/29/212 12/3/212 12/31/212 1/1/213 1/2/213 1/3/213 1/4/213 1/5/213 12/29/212 12/3/212 12/31/212 1/1/213 1/2/213 1/3/213 1/4/213 1/5/213

51 12/29/212 12/3/212 12/31/212 1/1/213 1/2/213 1/3/213 1/4/213 1/5/213 12/29/212 12/3/212 12/31/212 1/1/213 1/2/213 1/3/213 1/4/213 1/5/213

52 1/6/213 1/7/213 1/8/213 1/9/213 1/1/213 1/11/213 1/12/213 1/13/ /6/213 1/7/213 1/8/213 1/9/213 1/1/213 1/11/213 1/12/213 1/13/213 1/6/213 1/7/213 1/8/213 1/9/213 1/1/213 1/11/213 1/12/213 1/13/213

53 1/6/213 1/7/213 1/8/213 1/9/213 1/1/213 1/11/213 1/12/213 1/13/213 1/6/213 1/7/213 1/8/213 1/9/213 1/1/213 1/11/213 1/12/213 1/13/213

54 1/6/213 1/7/213 1/8/213 1/9/213 1/1/213 1/11/213 1/12/213 1/13/213 1/6/213 1/7/213 1/8/213 1/9/213 1/1/213 1/11/213 1/12/213 1/13/213

55 1/14/213 1/15/213 Additional Costs 1' COMPLETION COMMENTS 1/14/213 1/15/213 Additional COMPLETION COMMENTS 1/14/213 1/15/213 Additional COMPLETION COMMENTS

56 1/14/213 1/15/213 Additional COMPLETION COMMENTS $ $ $ 1/14/213 1/15/213 Additional COMPLETION COMMENTS

57 $ $ $ 1/14/213 1/15/213 Additional COMPLETION COMMENTS $ $ $ 1/14/213 1/15/213 Additional COMMENTS $ $ $ $ $ $ $ $ $

58 Depth (ft) Depth (ft) Drilling Days vs Depth Depth vs Cumulative Cost 5 Well Name 5 Well Name Planned Depth vs Days Actual Depth vs Days Cumulative Planned Cost vs Depth (1,5) (1,5) Cumulative Cost Spud Date - (3,5) (3,5) (5,5) (5,5) (7,5) (7,5) (9,5) (9,5) (11,5) Days (11,5) - $2, $4, $6, $8, $1,, $1,2, $1,4, $1,6, $1,8, $2,, Cumulative Cost

59 WELL NAME: OPERATIONS: CONTRACTOR: MIRU COSTS: THREE RIVERS OPERATING II RIG MOVE & RIG UP REPORT AFE # : AFE 9,5' AFE DAYS 2 LAST BOP TEST COUNTY: STATE: DATE (Start of DAY: Pecos Texas Rig Move): 1/4/14 1 (MD): (TVD): PROGRESS: Rig Up SUPV: AFE Dry Hole AFE Dry Hole $: (COB) Patterson UTI rig:47 Isaac Ramos $: $1,57,8 $1,845,8 MOVE DAY 1 MOVE DAY 2 MOVE DAY 3 MOVE DAY 4 MOVE DAY 5 CUM MIRU Cost $255,774 Cost $2,3 Cost $6,748 Cost $ Cost $ COST: $282,552 TIME START END HRS RIG MOVE- RIG UP- DAY 1 6: 6:3.5 Working on preparing derrick to lay over. 6:3 7:.5 First Trans Pecos truck arrived on location at 6:3, Held pre tour safety meeting with trucking company. 7: 19: 12. Move in tubulars, rig components and set in working pits and substructure. Last truck shut down at 19:hrs due to day light. 19: 6: 11. Morning tour digged ditches around working pits and sub and rigged up working pits. 9% MOVED, 2% RIGGED UP, 1 % ON OLD LOCATION 24. TIME START END HRS RIG MOVE- RIG UP- DAY 2 6: 6:3.5 Digging and cleaning ditches. 6:3 7:.5 Held pre-job safety meeting with Patterson and Trans Pecos Personnal. Trucks arrived at 6:3am on location. 7: 6: 23. Move in; Rig up with rig crews and trucks, derrick on sub structure at 11: am, smashed drilling line while lifting derrick. Raised A-legs and string up blocks, and slip and cut drlg line. Set in an back yard and rigging up. Raised derrick at 15:3 hrs. and continued to rig up with rig crews. Released trucks at 15:hrs. 1% moved, 85 % rigged up Estimated spud in at 15:hrs / Date 1/5/14 Water meter= TIME START END HRS 6: 15: 9. RIG MOVE- RIG UP- DAY 3 Rig up rig floor;install mouse hole and rat hole and picked up swivel and kelly and torqued up and set back. Install rotary chain, Pick up and rig up ST-8 and continue rigging up rig floor. Date 1/6/14 Water meter=

60 WELL NAME: OPERATIONS: CONTRACTOR: PSI: DRILLING MECHANICS PICK UP WEIGHT SLACK OFF WEIGHT ROTATING WEIGHT TORQUE ON BOTTOM TORQUE OFF BOTTOM BIT NO TIME START END HRS FROM TO 15: 17: 2. 17: 18: 1. 18: 22: 4. 22: 23: 1. 23: 23: THREE RIVERS OPERATING II DAILY DRILLING REPORT AFE # : AFE 9,5' AFE DAYS 3 Spud Date 1/6/214 23:3: PM LAST BOP TEST COUNTY: STATE: DATE: DAY: Pecos Texas 1/7/14 Drilling Patterson UTI rig:47 SPM: N/A N/A PLAN 95 (MD): SUPV: TOTAL GPM: BIT RECORD PRESENT BIT PREVIOUS BIT MUD PROPERTIES (TVD): 158 Isaac Ramos AFE Dry Hole $: $1,57,8 DAILY COST: 588 $36,128 CASING STRINGS PROGRESS: AFE Dry Hole $: (COB) CUM DRLG COST: ACTUAL TOL SIZE WT GRADE THRD LOT/FIT $/ft 13 3/ J-55 STC MUD MIXED TIME DISTRIBUTION MW 8.4 GEL 45 RU/RD Cum Mud $7,675 TOTAL (Daily/cum) WOB ROP (M lbs) (fph) Test True Shot survey tool 23:3 6: Spud in and Drill from 8' to 158' (78') $1,845,8 $318,68 SIZE 17 1/2 VIS 34 SALTGEL DRLG MFG Ulterra PV LIME REAM/WASH TYPE TCI YP CAUSTIC SURVEY SER. NO GTX-C19 GELS SODA ASH TRIP NOZZLES 3X18 ph 7. BARITE RIG SERVICE TFA.746 WL N/C PAPER 6 CIRC & COND OUT 158 HP/HT RUN CSG/CMT IN GC WOC FOOTAGE 158 CL NU/TST BOP HOURS 6.5 Ca RIG REPAIR 1 1 FT/HR 24 Sand LOG hp/dia inch Solids FISHING/STUCK IMP FORCE DC Anlr Vel DP Anlr Vel Oil % CORE DST KICK BIT # DULL CONDITION: LOST CIRC. ICS OCS DC LOC B/S G ODR RP Day Mud $7,675 MISC C/O, WELD HEAD ACTIVITY Weld on conductor and install flow line and turn buckles. Begin day work at 3: pm Mix spud mud and Load pipe rack strap and caliper 8" and 6" and make up BHA #1. Wait on Bit sub, Bit sub on location was stamped 6 5/8" box and was not correct called Air Drilling Solution to send out another bit sub. Bit sub arrived at 1:pm and made up bit. Re spool drilling line due to loose wraps on drum. RPM water meter= DAILY AVG SHOWS/FLARE REPORT BHA SURVEYS DESCRIPTION LENGTH DEVIATION Bit Ulterra 17.5 GTX-C9 Bit Sub 6-5/8B X 7-5/8B WASTE DISPOSAL SITE: 8" Shock Sub DAILY YDS SOLID - 1 BBLS LIQUID /2" 3-Pnt Reamer 9.1 WELL CUM SOLID - 1 CUM LIQUID 1 True Shot survey tool 1-8" Drill Collar TOTAL DRILLED GAS GAS Units DC SIZE Background Gas: 8" Connection gas: Trip Gas: Max Gas: DP SIZE 4.5 AZIMUTH ACCIDENTS NONE Start Received End Consumed FUEL (gals) BHA LENGTH DRILL PIPE WEIGHT OF BHA WEIGHT OF BHA (below jars) Pump #1 Pump #2 SLOW PUMP RATES PSI SPM PUMP MAKE LINER STROKE SPM % EFF GPM BPM TBPM 1 Emsco Emsco

61 WELL NAME: OPERATIONS: CONTRACTOR: PSI: 1145 DRILLING MECHANICS AFE # : AFE 9,5' AFE DAYS 4 Spud Date 1/6/214 23:3: PM LAST BOP TEST COUNTY: STATE: DATE: Day Pecos Texas 1/8/14 Drilling Patterson UTI rig:47 SPM: 15 THREE RIVERS OPERATING II DAILY DRILLING REPORT (MD): SUPV: TOTAL GPM: 693 (TVD): 693 Isaac Ramos AFE Dry Hole $: $1,57,8 DAILY COST: 63 $13,143 CASING STRINGS PROGRESS: PICK UP WEIGHT 7 PLAN ACTUAL TOL SIZE WT GRADE THRD LOT/FIT $/ft SLACK OFF WEIGHT J-55 STC - $ ROTATING WEIGHT 7 - $ TORQUE ON BOTTOM - $ TORQUE OFF BOTTOM - $ BIT RECORD PRESENT BIT PREVIOUS BIT MUD PROPERTIES MUD MIXED TIME DISTRIBUTION BIT NO 1 MW 9.1 GEL 1 RU/RD AFE Dry Hole $: (COB) CUM DRLG COST: SIZE 17.5 VIS 32 SALTGEL DRLG 21 MFG Ulterra PV 2 LIME REAM/WASH TYPE TCI YP 4 CAUSTIC SURVEY SER. NO GTX-C19 GELS 2,4 SODA ASH TRIP NOZZLES 3X18 ph 9. BARITE RIG SERVICE TFA WL N/C paper 4 CIRC & COND OUT IN FOOTAGE HP/HT GC CL 45 RUN CSG/CMT WOC NU/TST BOP HOURS 27.5 Ca 12 RIG REPAIR 3 FT/HR hp/dia inch 25 #DIV/! Sand Solids 1 LOG FISHING/STUCK IMP FORCE Oil % CORE DC Anlr Vel DST DP Anlr Vel KICK BIT # DULL CONDITION: LOST CIRC. ICS OCS DC LOC B/S G ODR RP Day Mud $1,216 MISC Cum Mud $8,891 TOTAL (Daily/cum) 24 TIME WOB ROP ACTIVITY RPM START END HRS FROM TO (M lbs) (fph) 6: 1: Drill from 158' to 217' (59) rop 14.8, wob 25, gpm 63, rpm 95, spm 75/75, spp 647 psi : 11: Lay down kelly and change out swivel packing due to broken grease zert. 11: 12: Repair cracked weld on flow line (re weld). 12: 19: Drill from 217' to 372' (155) rop 2.6, wob 25, gpm 63, rpm 95, spm 75/75, spp 169 psi :3 2: Attempted to drill Pason not tracking work on drill o-matic. 2: 21: Drill from 372' to 42' (3) rop 3, wob 3, gpm 63, rpm 95, spm 75/75, spp 1145 psi : 21: Pason showing zero weight on bit, checked weight indicator, depleted pumped up. 21:3 6: Drill from 42' to 693 (291) rop 34.2, wob 35, gpm 63, rpm 95, spm 75/75, spp 1145 psi $1,845,8 $421,823 2 water meter= DAILY AVG SHOWS/FLARE REPORT BHA SURVEYS DESCRIPTION LENGTH DEVIATION AZIMUTH Bit Ulterra 17.5 GTX-C Bit Sub 6-5/8B X 7-5/8B WASTE DISPOSAL SITE: 8" Shock Sub DAILY YDS SOLID - 1 BBLS LIQUID /2" 3-Pnt Reamer 9.1 WELL CUM SOLID - 1 CUM LIQUID 1 True Shot survey tool " Drill Collar 31.7 TOTAL DRILLED GAS 17-1/2" 3-Pnt Reamer 9.12 GAS Units DC SIZE 4-8"Dc's Background Gas: 6"-8" X-O 3.8 Connection gas: 15-6" Dc's Trip Gas: DP SIZE Max Gas: 4.5" ACCIDENTS FUEL (gals) Start 7248 BHA LENGTH SLOW PUMP RATES Received DRILL PIPE PSI SPM End 6288 WEIGHT OF BHA 53 Pump #1 Consumed 96 WEIGHT OF BHA (below jars) Pump #2 PUMP MAKE LINER STROKE SPM % EFF GPM BPM TBPM 1 Emsco Emsco

62 WELL NAME: OPERATIONS: CONTRACTOR: PSI: 1437 DRILLING MECHANICS AFE # : AFE 9,5' AFE DAYS 5 Spud Date 1/6/214 23:3: PM LAST BOP TEST COUNTY: STATE: DATE: Day Pecos Texas 1/9/14 (MD): SUPV: TOTAL GPM: 925 (TVD): 925 Isaac Ramos AFE Dry Hole $: $1,57,8 DAILY COST: 63 $94,621 BIT NO 1 MW 9.3 GEL 1 RU/RD SIZE 17.5 VIS 34 SALTGEL DRLG 1 MFG Ulterra PV LIME REAM/WASH TYPE TCI YP CAUSTIC SURVEY SER. NO GTX-C19 GELS SODA ASH TRIP 3 NOZZLES 3X18 ph 9. BARITE RIG SERVICE 1 TFA.746 WL PAPER 3 CIRC & COND 1 OUT 925 HP/HT RUN CSG/CMT 7 IN GC WOC 1.5 FOOTAGE HOURS CL Ca NU/TST BOP RIG REPAIR.5 FT/HR hp/dia inch IMP FORCE 25 #DIV/! Sand Solids Oil % LOG FISHING/STUCK CORE DC Anlr Vel DST DP Anlr Vel KICK BIT # 1 DULL CONDITION: LOST CIRC. ICS OCS DC LOC B/S G ODR RP Day Mud $ MISC 4 1 BT M 6 1 NO TD Cum Mud $8,891 TOTAL (Daily/cum) 24 17:3 18: : 2: : 21: : 22: : 1: : 1: :3 2: :3 4: : 4: :3 6: W.O.C Patterson UTI rig:47 SPM: 15 THREE RIVERS OPERATING II DAILY DRILLING REPORT CASING STRINGS PROGRESS: Updated TRRC Audrey Operator #2 at 5:44am/ water meter= DAILY AVG SHOWS/FLARE REPORT BHA SURVEYS DESCRIPTION LENGTH DEVIATION AZIMUTH Bit Ulterra 17.5 GTX-C Bit Sub 6-5/8B X 7-5/8B WASTE DISPOSAL SITE: 8" Shock Sub DAILY YDS SOLID - BBLS LIQUID 17-1/2" 3-Pnt Reamer WELL CUM SOLID - CUM LIQUID True Shot survey tool " Drill Collar 31.7 TOTAL DRILLED GAS 17-1/2" 3-Pnt Reamer 9.12 GAS Units DC SIZE 4-8"Dc's Background Gas: 6"-8" X-O 3.8 Connection gas: 18-6" Dc's Trip Gas: DP SIZE Max Gas: 4.5" ACCIDENTS FUEL (gals) Start 6288 BHA LENGTH SLOW PUMP RATES NO Received DRILL PIPE PSI SPM End 5329 WEIGHT OF BHA 65 Pump #1 Consumed 959 WEIGHT OF BHA (below jars) Pump #2 PUMP MAKE LINER STROKE SPM % EFF GPM BPM TBPM 1 Emsco Emsco AFE Dry Hole $: (COB) CUM DRLG COST: 232 $1,845,8 $516,444 PICK UP WEIGHT 86 PLAN ACTUAL TOL SIZE WT GRADE THRD LOT/FIT $/ft SLACK OFF WEIGHT J-55 STC - $33.29 ROTATING WEIGHT /8 32 J-55 LTC - $2.7 TORQUE ON BOTTOM - $ TORQUE OFF BOTTOM - $ BIT RECORD PRESENT BIT PREVIOUS BIT MUD PROPERTIES MUD MIXED TIME DISTRIBUTION TIME WOB ROP ACTIVITY RPM START END HRS FROM TO (M lbs) (fph) 6: 8: Drill from 693' to 77' :3 9: Rig service: Grease traveling blocks, checked crown-o-matic, brake linkage 9:3 1: Adjust linkage and brake band rollers. 1: 17: Drill from 77' to 925' TD at 5:3 PM/ Circulate: Pumped viscous sweep and circulated hole clean. Trip: P.O.O.H to run 13 3/8" surface casing. Lay down bha: Break bit and laydown reamers, shock sub, true shot, bit. Rig up Permian casing crew and lay down truck and held pre-job safety meeting. Run 22 jts of 13-3/8" 54.5# J-55 STC and landed at 925 ft. and Rig down casing crew. Circulate bottoms up. Rig up cementers while circulating hole at a reduced pump rate. Cmt: Test lines to 3 psi, 2 bbl gel spacer, Lead cmt: 49 sx, 12.9#, 1.85 Yield, 9.69 gal/sx Tail cmt: 335 sx, 14.8#, 1.35 Yield, 6.26 gal/ sx. Shut down and drop plug at and displaced with 137 bbls fresh water, last 1 bbls circulating pressure 275 psi at 3 bpm. Landed plug and pressured up to 85 psi. at 3:5 am/ Circulated 87 bbls (264 sx) into reserve. 1% returns during cmt job, released pressure and received back 1 bbl floats held. Rig down Halliburton cementers. W.O.C 3

63 WELL NAME: AFE # : Spud Date /6/214 23:3: PM AFE 9,5' AFE DAYS LAST BOP TEST 6 1/9/14 COUNTY: STATE: DATE: Day Pecos Texas 1/1/14 OPERATIONS: (MD): PROGRESS: P.O.O.H 925 (TVD): 925 CONTRACTOR: SUPV: AFE Dry Hole AFE Dry Hole $: (COB) Patterson UTI rig:47 Isaac Ramos $: $1,57,8 PSI: SPM: TOTAL GPM: DAILY COST: CUM DRLG COST: $27,121 DRILLING MECHANICS BIT NO 2 MW 8.4 GEL RU/RD SIZE 11 VIS 28 SALTGEL DRLG MFG Ulterra PV LIME REAM/WASH TYPE 813M YP CAUSTIC SURVEY SER. NO 2645 GELS SODA ASH TRIP 5 NOZZLES 8X16 ph 7. BARITE RIG SERVICE TFA OUT WL HP/HT CIRC & COND RUN CSG/CMT IN 925 GC WOC 2.5 FOOTAGE CL 15 NU/TST BOP 11.5 HOURS Ca 32 RIG REPAIR FT/HR hp/dia inch IMP FORCE #DIV/! #DIV/! Sand Solids Oil % LOG FISHING/STUCK CORE DC Anlr Vel DST DP Anlr Vel KICK BIT # DULL CONDITION: LOST CIRC. ICS OCS DC LOC B/S G ODR RP Day Mud $4,196 MISC 5 TIME START END HRS FROM TO 6: 8: :3 12: : 2: : 2: :3 23: : 1: : 3: : 3: :3 5: : 6: THREE RIVERS OPERATING II DAILY DRILLING REPORT CASING STRINGS Cum Mud $13,87 TOTAL (Daily/cum) 24 $1,845,8 $543,565 PICK UP WEIGHT PLAN ACTUAL TOL SIZE WT GRADE THRD LOT/FIT $/ft SLACK OFF WEIGHT J-55 STC - $33.29 ROTATING WEIGHT J-55 LTC - $2.7 TORQUE ON BOTTOM - $ TORQUE OFF BOTTOM - $ BIT RECORD PRESENT BIT PREVIOUS BIT MUD PROPERTIES MUD MIXED TIME DISTRIBUTION ACTIVITY W.O.C Cut off conductor and rough cut csg, remove cut off and made final cut and installed and weld on 13-5/8" 3M X 13-3/8" SOW and test to 5 psi (good). N/U B.O.P Test B.O.P and casing 25 psi low and 1 psi high. Finish N/U panic lines and fabricate 6" line from manifold to gas seperator. Strap and caliper BHA #2 and P/U Pheonix 8" mtr.16 rev/gal.. bend, true shot damaged on face on pin end, lay down and run 1- stand and 1-jt. Of drill pipe, test mtr ok. T.I.H with BHA #2 tag cmt at 883'. Test B.O.P pipe rams 25 psi low and 1 psi high. Drill cmt and float equipment from 883' to 925'. P.O.O.H to pick up up True Shot Survey tool. RPM 4 WOB ROP (M lbs) (fph) water meter= DAILY AVG SHOWS/FLARE REPORT BHA SURVEYS DESCRIPTION LENGTH DEVIATION AZIMUTH Ulterra 11" 813M Mud mtr.16, WASTE DISPOSAL SITE: 8" Shock Sub DAILY YDS SOLID - 1 BBLS LIQUID 1 11"-1/16 3-PNT REAMER WELL CUM SOLID - 1 CUM LIQUID 1 True Shot survey tool 1-8" Drill Collar 31.7 TOTAL DRILLED GAS 11"-1/16 3-PNT REAMER 7.21 GAS Units DC SIZE 4-8"Dc's 9.12 Background Gas: 6"-8" X-O 3.8 Connection gas: 21-6" DC'S Trip Gas: DP SIZE Max Gas: 4.5 ACCIDENTS FUEL (gals) Start 5329 BHA LENGTH SLOW PUMP RATES Received DRILL PIPE PSI SPM End 529 WEIGHT OF BHA Pump #1 Consumed 3 WEIGHT OF BHA (below jars) Pump #2 PUMP MAKE LINER STROKE SPM % EFF GPM BPM TBPM 1 Emsco Emsco

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