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UNIVERSITY LANDS 11-7 NO. 1 PAGE 1 12-14-11: BEGIN MIRU TRINIDAD 204. 12-15-11: CONTINUE MIRU TRINIDAD 204. DRILLED WATER WELL W/LATZEL WATER WELL TO 620. RU ROTARY TOOLS. APPROX. 40% THIS AM. ESTIMATED TO SPUD WELL EARLY FRIDAY MORNING. DWC $264,350. TWC $264,350. 12-16-11: TD @ 20, MDE 20 IN 24 HRS. CO: DRLG 17 ½ HOLE @ 20, SPUD WELL @ 06:00 HRS ON 12/16/11. BIT #1: 17-½", ULTERRA, RR 616, SN 57528, JETS 10-11, IN @ 20, OUT @ IH. TIME: 11 HRS RU ROTARY TOOLS, MAKE SAFETY INSPECTION, RAISED DERRICK @ 09:30 HRS ON 12/15/11, 7 HRS RU CELLAR PUMPS, PU 11 BIT & MUD MTR #1 & DRILL RAT HOLE & MOUSE HOLE, 6 HRS PU SWIVEL, PU KELLY & DRESS SAME, MU BIT #1 (17-½ ), MUD MTR #1 w/ SHOCK SUB. ON COMPANY TIME @ 17:00 HRS ON 12/15/11. SPUD WELL @ 06:00 HRS ON 12/16/11. DWC $21,060. TWC $285,410. 12-17-11: TD @ 530, MDE 510 IN 24 HRS. DAY #1. CO: DRLG. BIT #1: 17-½", ULTERRA, RR 616, SN 57528, JETS 10-11, IN @ 20, OUT @ IH. MUD: MW: 8.5, VIS: 28. SURV: 225 @ 1⁰, 465 @ 1⁰. TIME: 5 HRS DRLG, 1 HR RIG SERVICE & TIGHTEN UPPER KELLY SUB, 3 HRS DRLG, 1 HR TIGHTEN UPPER KELLY SUB, 1 ½ HRS DRLG, ½ HR SURV, 2 ½ HRS DRLG, 1 HR CHANGE OUT UPPER KELLY SUB, 2 HRS DRLG, ½ HR SURV, 1 ½ HRS TOH LAYING DOWN MUD MTR #1, STABILIZER SLEEVE BACKED & WAS FLOATING ON MOTOR, 4 ½ HRS DRLG. DWC $93,878. TWC $379,288.

UNIVERSITY LANDS 11-7 NO. 1 PAGE 2 12-18-11: TD @ 950, MDE 420 IN 24 HRS. DAY #2. CO: WELD 13-3/8 X 13-5/8 3M WELLHEAD @ 18 BELOW GRD LEVEL. BIT #1: 17-½", ULTERRA, RR 616, SN 57528, JETS 10-11, IN @ 20, OUT @ 530. BIT #2: 17-½", ULTERRA, RR 616, SN 57527, JETS 10-11, IN @ 530, OUT @ 950. MUD: MW: 8.5, VIS: 28. SURV: 765 @ 1⁰, 950 @ 1⁰. TIME: ½ HR RIG SERVICE, 4 HRS TOH LAYING DOWN BIT #1 & SHOCK SUB, MU BIT #2 & TIH TO 530 w/ NO PROBLEMS, 3 HRS DRLG, ½ HR SURV, 1 ½ HRS DRLG, ½ HR SURV, 1 HR TOH LAYING DOWN BIT #2 & STAB @ 60, 5 HRS RU PERMIAN TONG CSG CREW & RUN 23 JTS 13-3/8, 48#, H40, ST&C TO 950 w/ NO PROBLEMS, SHOE TRACK: 1-13-3/8 TIGER TOOTH, 1 JT CSG, 1 13-3/8 FLOAT COLLAR = 43.94, THREAD LOCKED f/ FLOAT COLLAR DOWN & TORQUED TO 3300 FT/LBS, CENTRALIZERS: 1 10 ABOVE SHOE, TOP JT #2, 4, 6, 8, 12, 16, 20, TOTAL RUN = 8, 1 HR INSTALL SWEDGE & CIRC w/ RIG PUMP, 1 ½ HRS RU HALLIBURTON & CEMENT AS FOLLOWS: 20 BBLS FW, LEAD: 425 SKS (139 BBLS) ECONOCEM @ 12.9, YIELD 1.89 CFS MWR 9.92 GPS, TAIL: 420 SKS (101 BBLS) HALCEM w/ 2% CaCl2 @ 14.8 PPG, YIELD 1.35 CFS MWR 6.39 GPS, DISPLACE @ 143 BBLS OF FW @ 8 BPM, PLUG DOWN @ 12:10 HRS w/ 750 PSI ON 12/18/11,ALL FLOATS HELD, HAD 25 BBLS CEMENT RETURNS TO SURFACE, 4 HRS WOC, 1 ½ HRS CUT 13-3/8 CSG & LAY OUT SAME, WELD 13-3/8 X 13-5/8 3M WELLHEAD. DWC $66,166. TWC $445,454. 12-19-11: TD @ 1,928, MDE 978 IN 24 HRS. DAY #3. CO: DRLG. BIT #3: 11, ULTERRA, U616, SN 12700, JETS 6-13, IN @ 950, OUT @ IH. MUD: MW: 9.4, VIS: 29. SURV: 765 @ 1⁰, 950 @ 1⁰. TIME: 2 ½ HRS FINISH WELD 13-3/8 X 13-5/8 3M WELLHEAD & TEST w/ 750 PSI, 4 ½ HRS INSTALL SPOOL & DSA, NU 11 5M BOP S & CHOKE MANIFOLD, 1 HR TEST BOP S & RELATED VALVES w/ 250 PSI LOW & 750 PSI HIGH, 1 ½ HRS MU BIT #3 w/ STABS @ 60 & 90 & TIH TO 875, 1 HR DRLG, WIPER PLUG, FLOAT COLLAR @ 906, CEMENT, TIGER TOOTH SHOE @ 950, 13 ½ HRS DRLG. DWC $29,413. TWC $474,867. 12-20-11: TD @ 3,118, MDE 1190 IN 24 HRS. DAY #4. CO: RIG REPAIR CHANGE OIL IN ROTARY TABLE, TABLE RUNNING HOT & BEARING DRAGGING. BIT #3: 11, ULTERRA, U616, SN 12700, JETS 6-13, IN @ 950, OUT @ IH. MUD: MW: 9.3, VIS: 29. SURV: 1970 @ ½⁰, 2993 @ 1⁰. TIME: ½ HR RIG SERVICE, ½ HR DRLG, ½ HR C&CM, ½ HR SURV, 18 ½ HRS DRLG, ½ HR C&CM, ½ HR SURV, 1 ½ HRS DRLG,1 HR RIG REPAIR DOWNTIME CHANGE OIL IN ROTARY TABLE, ROTARY RUNNING HOT & BEARING DRAGGING. DWC $19,093. TWC $493,960.

UNIVERSITY LANDS 11-7 NO. 1 PAGE 3 12-21-11: TD @ 3,132, MDE 14 IN 24 HRS. DAY #5. CO: INSTALL NEW ROTARY TABLE w/ WELDER & DRLG SUP. BIT #3: 11, ULTERRA, U616, SN 12700, JETS 6-13, IN @ 950, OUT @ IH. MUD: MW: 9.5, VIS: 30. SURV: 1970 @ ½⁰, 2993 @ 1⁰. TIME: ½ HR RIG SERVICE, ½ HR DRLG, ROTARY TABLE LOCKED UP, ½ HR RIG REPAIR DOWNTIME C&CM @ 9.5 PPG + SLUG, 1 ½ HRS RIG REPAIR DOWNTIME TOH w/ BIT #3 w/ MAX OVERPULL = 10K, 21 HRS WAIT ON ROTARY TABLE, TABLE ARRIVED ON LOCATION @ 21:00 HRS, INSTALL NEW TABLE, SQUARE TABLE, WELD V BLOCK. DWC $8,685. TWC $502,645. 12-22-11: TD @ 3,505, MDE 373 IN 24 HRS. DAY #6. CO: RU PERMIAN TONG & LAY DOWN MACHINE. BIT #3: 11, ULTERRA, U616, SN 12700, JETS 6-13, IN @ 950, OUT @ IH. MUD: MW: 9.5, VIS: 30. SURV: 3505 @ 1⁰. TIME: 6 HRS RIG REPAIR DOWNTIME FINISH INSTALLING ROTARY TABLE, 5 HRS RIG REPAIR DOWNTIME TIH, W/R 60 TO BOTTOM w/ NO FILL, 7 HRS DAYWORK DRLG, 1 HR C&CM, 1 HR SHORT TRIP w/ 10 STDS TO 2550 w/ NO PROBLEMS, 1 HR C&CM, 3 HRS RUN SURV, TOH LAYING DOWN BIT #3 & LAY DOWN 3-8 DRILL COLLARS. DWC $102,562. TWC $605,207.

UNIVERSITY LANDS 11-7 NO. 1 PAGE 4 12-24-11: TD @ 4,098, MDE 593 IN 24 HRS. DAY #8. CO: DRLG. BIT #4: 7-7/8, ULTERRA, U616, SN 13372, JETS 6-13, IN @ 3505, OUT @ IH. MUD: MW: 8.8, VIS: 30. SURV: 3993 @ 1⁰. TIME: ½ HR CIRC w/ RIG PUMP & WAIT ON HALLIBURTON CEMENTING, TOTAL WAIT = 24 ½ HRS, 2 ½ HRS RU HALLIBURTON & CEMENT AS FOLLOWS: 20 BBLS FW, LEAD: 500 SKS (217 BBLS) ECONOCEM w/ 1% ECONOLITE +.4% HR-601 @ 11.9 PPG, YEILD 2.44 CFS MWR 13.94 GPS, TAIL: 175 SKS (41 BBLS) HALCEM +.4% HALAD-9 @ 14.8 PPG, YEILD 1.33 MWR 6.31, DISPLACE w/ 211 BBLS FW @ 7 BRM w. FULL RETURNS, PLUG DOWN @ 08:30 HRS w/ 1625 PSI ON 12/24/11, B/S FELL 15 IN 15 MINS, 2 ½ HRS WOC, 5 HRS RU ETS STACK LIFT, PU STACK, SET 8-5/8 CSG SLIPS w/ 80K (PIPE IN TENSION), LAY OUT SPACER, INSTALL 13-3/8 3M X 11 5M B-SECTION & TEST w/ 3000 PSI, NU BOP S, 3 ½ HRS MU BIT #4 PU MUD MTR #1, TELEDRIFT, ROLLER REAMERS @ 60 & 90, JARS, BHA #4 & TIH TO 3425, 2 HRS DRLG WIPER PLUG (1), FLOAT COLLAR @ 3458, CEMENT, FLOAT SHOE @ 3505, 6 HRS DRLG, ½ HR SURV, 1 ½ HRS DRLG. DWC $52,452. TWC $686,971. 12-25-11: TD @ 6,640, MDE 2442 IN 24 HRS. DAY #9. CO: DRLG. BIT #4: 7-7/8, ULTERRA, U616, SN 13372, JETS 6-13, IN @ 3505, OUT @ IH. MUD: MW: 8.5, VIS: 30. SURV: 5010 @ 2⁰, 5491 @ 2⁰, 5600 @ 1⁰, 6510 @ 3⁰. TIME: ½ HR RIG SERVICE, 4 HRS DRLG, ½ HR SURV, 4 HRS DRLG, ½ HR SURV, 3 ½ HRS DRLG, ½ HR SURV, 4 ½ HRS DRLG, ½ HR SURV, 4 ½ HRS DRLG, ½ HR SURV, ½ HR DRLG. DWC $33,997. TWC $720,968. 12-26-11: TD @ 7,856, MDE 1316 IN 24 HRS. DAY #10. CO: DRLG. BIT #4: 7-7/8, ULTERRA, U616, SN 13372, JETS 6-13, IN @ 3505, OUT @ IH. MUD: MW: 8.7, VIS: 30. SURV: 6700 @ 3⁰, 6984 @ 2⁰, 7300 @ 2⁰, 7800 @ 1⁰. TIME: ½ HR RIG SERVICE, 1 HR DRLG, ½ HR SURV, 6 ½ HRS DRLG, ½ HR SURV, 6 HRS DRLG, ½ HR SURV, 7 ½ HRS DRLG, ½ HR SURV, ½ HR DRLG. DWC $18,690. TWC $739,658. 12-27-11: TD @ 8,985, MDE 1129 IN 24 HRS. DAY #11. CO: DRLG. BIT #4: 7-7/8, ULTERRA, U616, SN 13372, JETS 6-13, IN @ 3505, OUT @ IH. MUD: MW: 8.7, VIS: 34. SURV: 8333 @ 1⁰, 8800 @ 2⁰. TIME: ½ HR RIG SERVICE, 9 ½ HRS DRLG, ½ HR SURV, 3 HRS DRLG, LOSING PARTIAL RETURNS, 1 ½ HRS C&CM @ 8.6 PPG, PUMPING 40 BBLS LCM SWEEPS MIXED @ 25 PPB @ REDUCED RATE ESTABLISHING FULL RETURNS, 5 HRS DRLG, ½ HR SURV, 3 ½ HRS DRLG. DWC $22,795. TWC $762,453.

UNIVERSITY LANDS 11-7 NO. 1 PAGE 5 12-28-11: TD @ 9,511, MDE 526 IN 24 HRS. DAY #12. CO: LAY DOWN DRILL PIPE @ 3500. BIT #4: 7-7/8, ULTERRA, U616, SN 13372, JETS 6-13, IN @ 3505, OUT @ IH. MUD: MW: 8.8, VIS: 36. SURV: 9511 @ 2⁰. TIME: ½ HR RIG SERVICE, 11 HRS DRLG, ½ HR SURV, 1 ½ HRS C&CM, 5 HRS SHORT TRIP w/ 65 STDS TO 3400 w/ MAX OVERPULL = 10K w/ PROPER FILL, 2 HRS C&CM @ 8.8 PPG, RU PERMIAN TONG LAY DOWN MACHINE, 3 ½ HRS LAY DOWN DRILL PIPE @ 3500 w/ NO OVERPULLS & PROPER FILL. DWC $37,418. TWC $799,871. 12-29-11: TD @ 9,511, MDE 0 IN 24 HRS. DAY #13. CO: LAY OUT 11 5M BOP S. BIT #4: 7-7/8, ULTERRA, U616, SN 13372, JETS 6-13, IN @ 3505, OUT @ 9511. MUD: MW: 8.8, VIS: 36. SURV: 9511 @ 2⁰. TIME: 4 ½ HRS FINISH LD DRILL PIPE, 6 ½ HRS RU PERMAIN TONG CSG CREW & LD MACHINE. RUN 218 JTS 5 ½, 17#, P-110, LT&C TO 9511 W/NO PROBLEMS. SHOE TRACK: 1 5 ½ FLOAT SHOE, 1 JT 5 ½ CSG, (1) 5 ½ FLOAT COLLAR = 46.25. THREAD LOCKED F/TOP FLOAT COLLAR DN & TORQUED TO 4620 FT/LBS. CENTRALIZERS: 1 10 ABOVE SHOE, TOP JT. #2, 4, 6, 8, 10, 12, 16, 20, 24, 28, 32, 36, 40, 44, 48, 52, 56, 60, 64, 68, 72, 76, 80. TOTAL RUN = 25, 5 ½ HRS INSTALL SWEDGE & CIRC W/RIG PUMP. WAIT ON HALLIBURTON CEMENT F/ 5 ½ HRS, 2 ½ HRS RU HALLIBURTON & CEMENT AS FOLLOWS: 20 BBLS FW. LEAD: 250 SKS (111 BBLS) ECONOCEM W/.2% ECONOLITE +.4% HR-800 +.25 LBM KOL SEAL @ 11.9 PPG. YIELD 2.49 CFS MWR 14.44 GPS. TAIL: 750 SKS (180 BBLS) VERSACEM W/5% KCL +.7% HALAD-23 + 5 LBM MICROBOND +.3% HR- 800 +.25 LBM KOL SEAL @ 14.4 PPG. YIELD 1.35 CFS MWR 6.14 GPS. DISPLACE W/219 BBLS FW @ 7 BPM. PLUG DOWN @ 00:30 HRS W/3270 PSI ON 12/29/11. ALL FLOATS HELD. B/S FELL 15 BELOW GRD LEVEL AFTER 20 MINS, 4 HRS WOC, RU ETS OILFIELD STACK LIFT, 1 HR PU STACK, SET 5 ½ CSG SLIPS W/135K (PIPE IN TENSION), MAKE ROUGH CUT. DWC $284,533. TWC $1,084,404. 12-30-11: TD @ 9,511, MDE 0 IN 24 HRS. DAY #14. CO: RD ROTARY TOOLS & MOVE RIG. TIME: 1 HR LAY OUT 11 5M BOP S. INSTALL 11 5M X 7-1/16 5M TBG HEAD & TEST W/5000 PSI (OK). SECURE ALL WELLHEAD VALVES, 3 HRS CLEAN MUD TANKS, 2 HRS LAY OUT KELLY, 6 HRS RD ROTARY TOOLS & LAY DERRICK DOWN, 12 HS SDFN. RELEASED RIG @ 12:00 HRS ON 12/29/11. DWC $34,377. TWC $1,118,781. FINAL REPORT UNTIL COMPLETION BEGINS

UNIVERSITY LANDS 11-7 NO. 1 PAGE 6 01-15-12: MIRU HALLIBURTON WIRELINE. PU & RIH W/ GR/CCL/CBL TOOLS. TAGGED PBTD @ 9,243'. RAN CEMENT BOND, FOUND TOP OF CEMENT @ 2,500'. GOOD BOND BEHIND PIPE. POOH & LD TOOLS. PU TMDL TOOL & RIH. RUN LOG FROM PBTD TO 3,400'. RD WIRELINE & SECURE WELL. DWC $26,030. TWC $1,144,811. 02-07-12: MIRU TEC WELL SERVICE UNIT. UNLOAD & SET CATWALK, PIPE RACKS. NU BOP S ON WELLHEAD. UNLOAD, SPOT & RU PUMP & PIT. UNLOAD, RACK 2 7/8" 6.5# L-80 TBG. PULL THREAD PROTECTORS & TALLY TOP LAYER OF TBG. SDFN. DWC $9,791. TWC $1,154,602.

UNIVERSITY LANDS 11-7 NO. 1 PAGE 6 02-15-12: WOLFBERRY FRAC SCHEDULED TO BEGIN ON MARCH 6, 2012. 02-24-12: WOLFBERRY FRAC WILL BE RESCHEDULED TO THE WEEK OF MARCH 13, 2012. WILL UPDATE AFTER DEFINITE FRAC DATE HAS BEEN SCHEDULED. 03-12-12: MOVE IN & RIG UP. SET 10 FRAC TANKS, & CONTINUE FILLING FRAC PIT. 03-13-12: RU HOWCO, PERF STAGE ONE AS PER DESIGN, BEGIN MI HOWCO FRAC EQUIPMENT FOR FRAC JOB THIS AM. DWC: $15,000. 03-14-12: FRAC STAGE 1, SCREENED OUT W/ 7700 # S 30/50 PROPPANT IN FORMATION. PERFORATE & FRAC STAGES 2, 3, & 4 AS PER DESIGN. SDFN. DETAILS TO FOLLOW. 03-15-12: CONTINUE FRACING STAGES 4-10 AS PER DESIGN. SDFN. DETAILS TO FOLLOW.

UNIVERSITY LANDS 11-7 NO. 1 PAGE 7 03-17-12: MI & RU COIL TUBING UNIT. CUT OFF 600' OF BAD 2" PIPE, FUNCTION TEST BOP'S, PU MILL & MOTOR. PRESSURE TEST LUBRICATOR, POPPED PIN HOLE IN GOAT HEAD ON FRAC STACK @3,500 PSI. ND & LD GOAT HEAD. NIPPLE BACK UP ON TOP OF TOP FRAC VALVE. PRESSURE TEST LUBE, BOP'S, GOOD TEST. OPEN UP WELL & RIH. TAGGED FIRST PLUG & DRILLLED OUT. RIH & TAG PLUG #2, DRILLED PLUG. RIH & TAG PLUG #3, DRILLED PLUG. RIH & TAG PLUG #4, DRILLED OUT PLUG. TIH & TAG PLUG #5, DRILLED PLUG. RIH & TAG PLUG # 6, DRILLED OUT PLUG. RIH & TAGGED PLUG #7, DRILLED OUT PLUG, RIH & TAGGED PLUG # 8, DRILLED PLUG. RIH & TAG PLUG # 9, DRILLED OUT PLUG. RIH CLEANING OUT TO 9,000'. PUMP SWEEP, CIRCULATE HOLE. POOH W/ COIL TUBING. RD COIL TUBING UNIT, PLUG CATCHER. FLOW BACK WELL, START OFF ON 12/64" CHOKE FCP - 550 PSI. REPORT TIME FCP 390 PSI ON 19/64" CHOKE, 30 BBL/HR FLOW RATE. 21 HOUR RECOVERY 690 BBLS WATER, 0 BBLS OIL. LOAD LEFT TO RECOVER 32,473 BBLS. CONTINUE FLOW BACK OPERATIONS. TWC $64,344. TWC $2,183,125. 03-18-12: CONTINUE TO FLOW BACK WELL. FCP 230 PSI ON 24/64" CHOKE, 39 BBL/HR FLOW RATE. 926 BLW, 0 BO. CONTINUE FLOW BACK OPERATIONS. TBLWTR 33,163, TBLWR 1616, TBLWYTR 31,547 4.8% LOAD RECOVERED. DWC $4400. TWC $2,187,525. 03-19-12: CONTINUE TO FLOW BACK WELL. FCP 75 PSI ON 30/64" CHOKE, 28 BBL/HR FLOW RATE. 909 BLW, 0 BO. CONTINUE FLOW BACK OPERATIONS. TBLWTR 33,163, TBLWR 2525, TBLWYTR 30,638 7.6% LOAD RECOVERED. DWC $4400. TWC $2,191,925. TANK BATTERY: SET RINGS & FILL W/PEA GRAVEL. DELIVER & SET (2) 300 BBL STEEL TANKS & (1) 300 BBL CARBON VEIL FIBERGLASS TANK. DELIVER & SET (1) 4 X 20 75 PSI WP ASME CODE EXTERRAN HEATER TREATER. DWC $50,000. TWC $2,241,925.

UNIVERSITY LANDS 11-7 NO. 1 PAGE 8 03-20-12: CONTINUE FLOWING BACK WELL. FCP 5 PSI ON 45/64" CHOKE, 8 BBL/HR FLOW RATE. 24 HOUR RECOVERY 615 BW, 0 BO. CONTINUE FLOW BACK OPERATIONS. TBLWTR 33,163, TBLWR 3140, TBLWYTR 30,023 9.4% LOAD RECOVERED. DWC $4400. TWC $2,246,325. TANK BATTERY: CONTINUE TO PLUMB IN TANKS AND HEATER. DWC $5,000. TWC $2,251,325. 03-21-12: CONTINUE FLOWING BACK WELL. FCP 0 PSI ON OPEN CHOKE, 0 BBL/HR FLOW RATE. 24 HOUR RECOVERY 63 BLW, 0 BO. TBLWTR 33,163, TBLWR 3203, TBLWYTR 29,960 9.6% LOAD RECOVERED. SWI. WILL LUBE IN PACKER THIS AM. DWC $4400. TWC $2,251,325. TANK BATTERY: CONTINUE TO PLUMB IN TANKS AND HEATER. DWC $5,000. TWC $2,256,325. 03-22-12: WAITING ON WO RIG. TANK BATTERY: CONTINUE TO HOOK UP TANK BATTERY, BATTERY IS 90% COMPLETE. DWC $5,000. TWC $2,261,325. 03-23-12: MIRU WIRELINE. SICP 50 PSI. RIH W/ GAUGE RING, JUNK BASKET TO 5,400'. POOH, RECOVER 1 NICKLE SIZED CHUNK OF RUBBER. LD TOOLS, PU & RIH W/ 5 ½" AS-1X PACKER, CCL CORRELATE TO DEPTH OFF CBL, ATTEMPT TO SET PACKER @ 5,325'. DID NOT FIRE, POOH. PACKER STARTED DRAGGING 2,000' FROM SURFACE. WORKED PACKER THRU FRAC VALVES. SHEAR PINS SHEARED ON PACKER, SLIPS KICKED OUT. ORDERED OUT ANOTHER PACKER, RUN GAUGE RING, JUNK BASKET BACK IN HOLE TO 5,400'. PULLED TOOLS, DID NOT RECOVER ANY TRASH. PU SECOND PACKER & RIH. SET PACKER @ 5,325', POOH. BLED BACKSIDE PRESSURE OFF TO PIT, PACKER HOLDING. RD WIRELINE. ND FRAC VALVES, FRAC SLEEVE. NU BOP. SET CAT WALK, PIPE RACKS. UNLOAD, RACK 180 JTS 2 7/8" L-80 TBG. SWIFN. DWC $12,498. TWC $2,261,325.

UNIVERSITY LANDS 11-7 NO. 1 PAGE 9 03-24-12: OPEN UP WELL, PICK UP AND RUN IN HOLE WITH ON/OFF TOOL, JET PUMP CAVITY, 2 7/8" L-80 TUBING. LATCH UP ON PACKER @ 5,325' AND SPACE OUT. LAY DOWN 1 JT, PICK UP 8' SUB. NIPPLE DOWN BOP, LATCH UP ON PACKER, FLANGE UP WELL HEAD AND INSTALL 2 7/8" MASTER VALVE. PUMP PLUG OUT OF PACKER, SHEARED @ 1,500#'S. RIG DOWN WELL SERVICE UNIT, MOVE OUT PIPE RACKS, CAT WALK. SPOT JET PUMP TRAILER, GENERATOR, FUEL CELL. LEFT WELL SHUT IN, WAITING ON PRODUCTION FACILTY CONSTRUCTION TO BE FINISHED UP. DWC $8,358. TWC $2,269,683. 1-2 7/8" SUB 168 JTS 2 7/8" L-80 TUBING 1 - JET PUMP CAVITY 1 - ON/OFF TOOL PACKER @ 5,325' 03-26-12: HOOKING UP ELECTRICITY FOR JET PUMP.

UNIVERSITY LANDS 11-7 NO. 1 PAGE 10 03-31-12: 0 BO, 960 BLW. TBLWTR 32,203, TBLWR 7,643, TBLWYTR 26,480 23.7% LOAD RECOVERED DWC $3,000. TWC $2,284,683. 04-01-12: 0 BO, 960 BLW. TBLWTR 32,203, TBLWR 8,603, TBLWYTR 25,520 26.7% LOAD RECOVERED DWC $3,000. TWC $2,287,683. 04-02-12: 3 BO, 960 BLW. TBLWTR 32,203, TBLWR 9,563, TBLWYTR 24,560 29.6% LOAD RECOVERED DWC $3,000. TWC $2,290,683. 04-03-12: 5 BO, 960 BLW. TBLWTR 32,203, TBLWR 10,523, TBLWYTR 23,600 32.6% LOAD RECOVERED DWC $3,000. TWC $2,293,683. 04-04-12: 5 BO, 960 BLW. TBLWTR 32,203, TBLWR 11,483, TBLWYTR 22,640 35.6% LOAD RECOVERED DWC $3,000. TWC $2,296,683.