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Daily Drilling Report Well Name UTL 28-17-1H Report Date 10/08/2014 Field University Lands Supervisor Cody Long Report No. 2 Location Supervisor 2 Tate A. Edeler DFS County Ward Rig Phone Spud Date Rig Name 104 Rig Email AFE $6,178,695.00 KB 22.5 Daily Footage Daily Cost $231,000.00 Depth (MD) TVD at Bit Cum. Cost $239,860.00 Estimated TD 21,100 Casing Data Type Size Weight Grade Connection Top Bottom Shoe Test Mud Properties Last Survey BHA Type Depth Inc Azi Component Length ID OD Weight FV PV Drilling Parameters YP Max WOB LCM (ppb) Max RPM Chlorides Max Torque % Solids Max Pull Daily Losses Bkgrnd Gas Total Losses Max Gas Cnx Gas Trip Gas Total Length: Bit Info Bit # Size Make Type S/N Jets In Out Footage Hrs ROP Grade ------- ------- ------- ------- Activity Summary (6:00am - 6:00am) From To Hours P / U Summary 6:00 6:00 24.00 Planned Eiland 8-33-1H finishing rigging down and moved misc. loads to the UTL 28-17-1H. Layed derrick over and broke down for move. Received loads from the old location and staged on the UTL. Construction crew finished dirt work and tarped reserve pit. Total Hours: 24 24 Hour Activity Summary: Rig Move 24 Hour Plan Forward: Rig Move Safety Fuel Last BOP Test Last BOP Drill Last Function Test Diesel Used Diesel Recvd Diesel on Loc

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Page 1: Well Name Daily Drilling Report

Daily Drilling ReportWell Name UTL 28-17-1H

Report Date 10/08/2014

Field University Lands Supervisor Cody Long Report No. 2Location Supervisor 2 Tate A. Edeler DFSCounty Ward Rig Phone Spud DateRig Name 104 Rig Email AFE $6,178,695.00

KB 22.5 Daily Footage Daily Cost $231,000.00

Depth (MD) TVD at Bit Cum. Cost $239,860.00

Estimated TD 21,100

Casing Data

Type Size Weight Grade Connection Top Bottom Shoe Test

Mud Properties Last Survey BHAType Depth Inc Azi Component Length ID ODWeightFVPV Drilling Parameters YP Max WOBLCM (ppb) Max RPMChlorides Max Torque% Solids Max PullDaily Losses Bkgrnd GasTotal Losses Max Gas

Cnx GasTrip Gas

Total Length:

Bit InfoBit # Size Make Type S/N Jets In Out Footage Hrs ROP Grade

-------

-------

-------

-------

Activity Summary (6:00am - 6:00am)From To Hours P / U Summary

6:00 6:00 24.00 PlannedEiland 8-33-1H finishing rigging down and moved misc. loads to the UTL 28-17-1H. Layed derrick over and broke down for move.Received loads from the old location and staged on the UTL. Construction crew finished dirt work and tarped reserve pit.

Total Hours: 24

24 Hour Activity Summary:Rig Move

24 Hour Plan Forward:Rig Move

Safety FuelLast BOP Test Last BOP Drill Last Function Test Diesel Used Diesel Recvd Diesel on Loc

Page 2: Well Name Daily Drilling Report

Daily Cost Report

Well Name: UTL 28-17-1H

Report Date: 10/08/2014

Daily Cost $231,000

Intangible Costs

Code Description Comments Daily Cum 830.010 Permits, Licenses, ect $3,000 $3,000

830.020 Staking & Surveying $5,000 $5,000

830.030 Road, Locations

830.035 Mobilization/Demobilization 130K lump sum + 10% initial mobe 42,500 $172,500 $172,500

830.040 Daywork Contract

830.050 Mouse/Rathole/Conduct Pipe

830.055 Directional Drilling & Survey

830.060 Bits, Tools, Stabalizers

830.065 Fuel, Power

830.070 Equipment Rental $3,360

830.075 Mud & Chemicals

830.080 Mud Logging

830.090 Core Analysis

830.095 Openhole Logging

830.100 Cement Services

830.110 Casing Crew & Equipment

830.120 Contract Labor

830.160 Fishing Services

830.165 Drill Water

830.175 Supervision Cody Long , Tate Edeler , Gary Simpson $5,500 $11,000

830.185 Insurance AFE amount $35,000 $35,000

830.190 Legal AFE amount $10,000 $10,000

830.195 P&A/TA Costs

840.100 Cement Services (4-1/2" Liner)

Total Intangible $231,000 $239,860Tangible Costs

Code Description Comments Daily Cum 850.010 Conductor Casing - 13-3/8"

850.015 Surface Casing - 9-5/8"

850.120 Intermediate Casing - 7"

850.145 Wellhead Equipment

850.150 Float equipment, Centralizers & DVT

850.275 Tangible Contingency

860.030 Production Casing - 4-1/2"

860.035 Liner Hanger - 4-1/2"

Total TangibleTotal Costs $231,000 $239,860

WellEz Information Management Ver4.21.14bg

Page 3: Well Name Daily Drilling Report

Daily Drilling ReportWell Name UTL 28-17-1H

Report Date 10/09/2014

Field University Lands Supervisor Cody Long Report No. 3Location Supervisor 2 Tate A. Edeler DFSCounty Ward Rig Phone Spud DateRig Name 104 Rig Email AFE $6,178,695.00

KB 22.5 Daily Footage Daily Cost $5,500.00

Depth (MD) TVD at Bit Cum. Cost $245,360.00

Estimated TD 21,100

Casing Data

Type Size Weight Grade Connection Top Bottom Shoe Test

Mud Properties Last Survey BHAType Depth Inc Azi Component Length ID ODWeightFVPV Drilling Parameters YP Max WOBLCM (ppb) Max RPMChlorides Max Torque% Solids Max PullDaily Losses Bkgrnd GasTotal Losses Max Gas

Cnx GasTrip Gas

Total Length:

Bit InfoBit # Size Make Type S/N Jets In Out Footage Hrs ROP Grade

-------

-------

-------

-------

Activity Summary (6:00am - 6:00am)From To Hours P / U Summary

6:00 6:00 24.00 Planned

Moved backyard and mud pits from the Eiland to the UTL 28-17-1H location and staged. Staged misc. loads and remainder of DP. Extended location to accommodate DP and directional equipment. Broke down rig floor and sub bases prepped derrick for move. 70% moved 0% rigged up

Total Hours: 24

24 Hour Activity Summary:Rig down and move from Eiland to the UTL 28-17-1H.

24 Hour Plan Forward:Finish Rigging down and moving to the UTL 28-17-1H.

Safety FuelLast BOP Test Last BOP Drill Last Function Test Diesel Used Diesel Recvd Diesel on Loc

Page 4: Well Name Daily Drilling Report

Daily Cost Report

Well Name: UTL 28-17-1H

Report Date: 10/09/2014

Daily Cost $5,500

Intangible Costs

Code Description Comments Daily Cum 830.010 Permits, Licenses, ect $3,000

830.020 Staking & Surveying $5,000

830.030 Road, Locations

830.035 Mobilization/Demobilization $172,500

830.040 Daywork Contract

830.050 Mouse/Rathole/Conduct Pipe

830.055 Directional Drilling & Survey

830.060 Bits, Tools, Stabalizers

830.065 Fuel, Power

830.070 Equipment Rental $3,360

830.075 Mud & Chemicals

830.080 Mud Logging

830.090 Core Analysis

830.095 Openhole Logging

830.100 Cement Services

830.110 Casing Crew & Equipment

830.120 Contract Labor

830.160 Fishing Services

830.165 Drill Water

830.175 Supervision Cody Long , Tate Edeler , Gary Simpson $5,500 $16,500

830.185 Insurance $35,000

830.190 Legal $10,000

830.195 P&A/TA Costs

840.100 Cement Services (4-1/2" Liner)

Total Intangible $5,500 $245,360Tangible Costs

Code Description Comments Daily Cum 850.010 Conductor Casing - 13-3/8"

850.015 Surface Casing - 9-5/8"

850.120 Intermediate Casing - 7"

850.145 Wellhead Equipment

850.150 Float equipment, Centralizers & DVT

850.275 Tangible Contingency

860.030 Production Casing - 4-1/2"

860.035 Liner Hanger - 4-1/2"

Total TangibleTotal Costs $5,500 $245,360

WellEz Information Management Ver4.21.14bg

Page 5: Well Name Daily Drilling Report

Daily Drilling ReportWell Name UTL 28-17-1H

Report Date 10/10/2014

Field University Lands Supervisor Cody Long Report No. 4Location Supervisor 2 Tate A. Edeler DFSCounty Ward Rig Phone Spud DateRig Name 104 Rig Email AFE $6,178,695.00

KB 22.5 Daily Footage Daily Cost $5,500.00

Depth (MD) TVD at Bit Cum. Cost $250,860.00

Estimated TD 21,100

Casing Data

Type Size Weight Grade Connection Top Bottom Shoe Test

Mud Properties Last Survey BHAType Depth Inc Azi Component Length ID ODWeightFVPV Drilling Parameters YP Max WOBLCM (ppb) Max RPMChlorides Max Torque% Solids Max PullDaily Losses Bkgrnd GasTotal Losses Max Gas

Cnx GasTrip Gas

Total Length:

Bit InfoBit # Size Make Type S/N Jets In Out Footage Hrs ROP Grade

-------

-------

-------

-------

Activity Summary (6:00am - 6:00am)From To Hours P / U Summary

6:00 6:00 24.00 PlannedContinued rig move from the Eiland to the UTL 28-17-1H. Moved misc loads and set back yard with mud pits , motor shed and mud pumps in place. Gas buster and trip tank are set . 85% moved 30% rigged up.

Total Hours: 24

24 Hour Activity Summary:Rig move from the Eiland to the UTL 28-17-1H. 85% moved 30%.

24 Hour Plan Forward:Finish moving rig and continue rigging up. Welders will be on location to start fab work.

Safety FuelLast BOP Test Last BOP Drill Last Function Test Diesel Used Diesel Recvd Diesel on Loc

Page 6: Well Name Daily Drilling Report

Daily Cost Report

Well Name: UTL 28-17-1H

Report Date: 10/10/2014

Daily Cost $5,500

Intangible Costs

Code Description Comments Daily Cum 830.010 Permits, Licenses, ect $3,000

830.020 Staking & Surveying $5,000

830.030 Road, Locations

830.035 Mobilization/Demobilization $172,500

830.040 Daywork Contract

830.050 Mouse/Rathole/Conduct Pipe

830.055 Directional Drilling & Survey

830.060 Bits, Tools, Stabalizers

830.065 Fuel, Power

830.070 Equipment Rental $3,360

830.075 Mud & Chemicals

830.080 Mud Logging

830.090 Core Analysis

830.095 Openhole Logging

830.100 Cement Services

830.110 Casing Crew & Equipment

830.120 Contract Labor

830.160 Fishing Services

830.165 Drill Water

830.175 Supervision Cody Long , Tate Edeler , Gary Simpson $5,500 $22,000

830.185 Insurance $35,000

830.190 Legal $10,000

830.195 P&A/TA Costs

840.100 Cement Services (4-1/2" Liner)

Total Intangible $5,500 $250,860Tangible Costs

Code Description Comments Daily Cum 850.010 Conductor Casing - 13-3/8"

850.015 Surface Casing - 9-5/8"

850.120 Intermediate Casing - 7"

850.145 Wellhead Equipment

850.150 Float equipment, Centralizers & DVT

850.275 Tangible Contingency

860.030 Production Casing - 4-1/2"

860.035 Liner Hanger - 4-1/2"

Total TangibleTotal Costs $5,500 $250,860

WellEz Information Management Ver4.21.14bg

Page 7: Well Name Daily Drilling Report

Daily Drilling ReportWell Name UTL 28-17-1H

Report Date 10/11/2014

Field University Lands Supervisor Cody Long Report No. 5Location Supervisor 2 Tate A. Edeler DFSCounty Ward Rig Phone Spud DateRig Name 104 Rig Email AFE $6,178,695.00

KB 22.5 Daily Footage Daily Cost $5,500.00

Depth (MD) TVD at Bit Cum. Cost $256,360.00

Estimated TD 21,100

Casing Data

Type Size Weight Grade Connection Top Bottom Shoe Test

Mud Properties Last Survey BHAType Depth Inc Azi Component Length ID ODWeightFVPV Drilling Parameters YP Max WOBLCM (ppb) Max RPMChlorides Max Torque% Solids Max PullDaily Losses Bkgrnd GasTotal Losses Max Gas

Cnx GasTrip Gas

Total Length:

Bit InfoBit # Size Make Type S/N Jets In Out Footage Hrs ROP Grade

-------

-------

-------

-------

Activity Summary (6:00am - 6:00am)From To Hours P / U Summary

6:00 6:00 24.00 PlannedFinished moving rig from the Eiland to the UTL 28-17-1H. Welders are working on misc rig modifications. We are 100% moved and 75% rigged up.

Total Hours: 24

24 Hour Activity Summary:Finished moving rig to the UTL 28-17-1H. 100% Moved 75% Rigged up.

24 Hour Plan Forward:Continue rig up on the UTl 28-17-1H.

Safety FuelLast BOP Test Last BOP Drill Last Function Test Diesel Used Diesel Recvd Diesel on Loc

Page 8: Well Name Daily Drilling Report

Daily Cost Report

Well Name: UTL 28-17-1H

Report Date: 10/11/2014

Daily Cost $5,500

Intangible Costs

Code Description Comments Daily Cum 830.010 Permits, Licenses, ect $3,000

830.020 Staking & Surveying $5,000

830.030 Road, Locations

830.035 Mobilization/Demobilization $172,500

830.040 Daywork Contract

830.050 Mouse/Rathole/Conduct Pipe

830.055 Directional Drilling & Survey

830.060 Bits, Tools, Stabalizers

830.065 Fuel, Power

830.070 Equipment Rental $3,360

830.075 Mud & Chemicals

830.080 Mud Logging

830.090 Core Analysis

830.095 Openhole Logging

830.100 Cement Services

830.110 Casing Crew & Equipment

830.120 Contract Labor

830.160 Fishing Services

830.165 Drill Water

830.175 Supervision Cody Long , Tate Edeler , Gary Simpson $5,500 $27,500

830.185 Insurance $35,000

830.190 Legal $10,000

830.195 P&A/TA Costs

840.100 Cement Services (4-1/2" Liner)

Total Intangible $5,500 $256,360Tangible Costs

Code Description Comments Daily Cum 850.010 Conductor Casing - 13-3/8"

850.015 Surface Casing - 9-5/8"

850.120 Intermediate Casing - 7"

850.145 Wellhead Equipment

850.150 Float equipment, Centralizers & DVT

850.275 Tangible Contingency

860.030 Production Casing - 4-1/2"

860.035 Liner Hanger - 4-1/2"

Total TangibleTotal Costs $5,500 $256,360

WellEz Information Management Ver4.21.14bg

Page 9: Well Name Daily Drilling Report

Daily Drilling ReportWell Name UTL 28-17-1H

Report Date 10/12/2014

Field University Lands Supervisor Cody Long Report No. 6Location Supervisor 2 Tate A. Edeler DFSCounty Ward Rig Phone Spud DateRig Name 104 Rig Email AFE $6,178,695.00

KB 22.5 Daily Footage Daily Cost $5,500.00

Depth (MD) TVD at Bit Cum. Cost $261,860.00

Estimated TD 21,100

Casing Data

Type Size Weight Grade Connection Top Bottom Shoe Test

Mud Properties Last Survey BHAType Depth Inc Azi Component Length ID ODWeightFVPV Drilling Parameters YP Max WOBLCM (ppb) Max RPMChlorides Max Torque% Solids Max PullDaily Losses Bkgrnd GasTotal Losses Max Gas

Cnx GasTrip Gas

Total Length:

Bit InfoBit # Size Make Type S/N Jets In Out Footage Hrs ROP Grade

-------

-------

-------

-------

Activity Summary (6:00am - 6:00am)From To Hours P / U Summary

6:00 6:00 24.00 Planned

Rigging up and performing welding mods. Ran poly line from frac pond to fill reserve pit with fresh water. Received bulk bar and various product from Haliburton .While prepping A legs for pinning to sub structure the forklift was trying to assist when the forks slipped and bent a structural beam. Inspectors will be here in the morning to assess the damage and recommended repairs. 80% rigged up.

Total Hours: 24

24 Hour Activity Summary:Performed welding mods on the mud pits and continued to rig up.

24 Hour Plan Forward:Continue rigging up and welding mods. Have derrick beam inspected before raising .

Safety FuelLast BOP Test Last BOP Drill Last Function Test Diesel Used Diesel Recvd Diesel on Loc

Page 10: Well Name Daily Drilling Report

Daily Cost Report

Well Name: UTL 28-17-1H

Report Date: 10/12/2014

Daily Cost $5,500

Intangible Costs

Code Description Comments Daily Cum 830.010 Permits, Licenses, ect $3,000

830.020 Staking & Surveying $5,000

830.030 Road, Locations

830.035 Mobilization/Demobilization $172,500

830.040 Daywork Contract

830.050 Mouse/Rathole/Conduct Pipe

830.055 Directional Drilling & Survey

830.060 Bits, Tools, Stabalizers

830.065 Fuel, Power

830.070 Equipment Rental $3,360

830.075 Mud & Chemicals

830.080 Mud Logging

830.090 Core Analysis

830.095 Openhole Logging

830.100 Cement Services

830.110 Casing Crew & Equipment

830.120 Contract Labor

830.160 Fishing Services

830.165 Drill Water

830.175 Supervision Cody Long , Tate Edeler , Gary Simpson $5,500 $33,000

830.185 Insurance $35,000

830.190 Legal $10,000

830.195 P&A/TA Costs

840.100 Cement Services (4-1/2" Liner)

Total Intangible $5,500 $261,860Tangible Costs

Code Description Comments Daily Cum 850.010 Conductor Casing - 13-3/8"

850.015 Surface Casing - 9-5/8"

850.120 Intermediate Casing - 7"

850.145 Wellhead Equipment

850.150 Float equipment, Centralizers & DVT

850.275 Tangible Contingency

860.030 Production Casing - 4-1/2"

860.035 Liner Hanger - 4-1/2"

Total TangibleTotal Costs $5,500 $261,860

WellEz Information Management Ver4.21.14bg

Page 11: Well Name Daily Drilling Report

Daily Drilling ReportWell Name UTL 28-17-1H

Report Date 10/13/2014

Field University Lands Supervisor Cody Long Report No. 7Location Supervisor 2 Tate A. Edeler DFSCounty Ward Rig Phone Spud DateRig Name 104 Rig Email AFE $6,178,695.00

KB 22.5 Daily Footage Daily Cost $40,817.49

Depth (MD) TVD at Bit Cum. Cost $312,677.49

Estimated TD 21,100

Casing Data

Type Size Weight Grade Connection Top Bottom Shoe Test

Mud Properties Last Survey BHAType Depth Inc Azi Component Length ID ODWeightFVPV Drilling Parameters YP Max WOBLCM (ppb) Max RPMChlorides Max Torque% Solids Max PullDaily Losses Bkgrnd GasTotal Losses Max Gas

Cnx GasTrip Gas

Total Length:

Bit InfoBit # Size Make Type S/N Jets In Out Footage Hrs ROP Grade

-------

-------

-------

-------

Activity Summary (6:00am - 6:00am)From To Hours P / U Summary

6:00 6:00 24.00 Planned

Rig up Derrick, set derrick on stand and dress out, rig up floor as far as possible string up drilling line, set top drive power unit and top doghouse. Continue welding mods on pits Received all directional tools on location, inspect bent beam on derrick with Applied Mechanical structural and decide to replace beam. Est. Spud 10/15/2014

Total Hours: 24

24 Hour Activity Summary:Continue rig up

24 Hour Plan Forward:Replace Beam in Derrick, Raise derrick, rig up top drive

Safety FuelLast BOP Test Last BOP Drill Last Function Test Diesel Used Diesel Recvd Diesel on Loc

Page 12: Well Name Daily Drilling Report

Daily Cost Report

Well Name: UTL 28-17-1H

Report Date: 10/13/2014

Daily Cost $40,817

Intangible Costs

Code Description Comments Daily Cum 830.010 Permits, Licenses, ect $3,000

830.020 Staking & Surveying $5,000

830.030 Road, Locations

830.035 Mobilization/Demobilization $172,500

830.040 Daywork Contract

830.050 Mouse/Rathole/Conduct Pipe

830.055 Directional Drilling & Survey

830.060 Bits, Tools, Stabalizers Crossover subs for top drive ( Spidle ) $10,347 $10,347

830.065 Fuel, Power $21,164 $21,164

830.070 Equipment Rental $2,917 $16,277

830.075 Mud & Chemicals

830.080 Mud Logging

830.090 Core Analysis

830.095 Openhole Logging

830.100 Cement Services

830.110 Casing Crew & Equipment

830.120 Contract Labor Clean all JPE rented trailers $890 $890

830.160 Fishing Services

830.165 Drill Water

830.175 Supervision Cody Long , Tate Edeler , Gary Simpson $5,500 $38,500

830.185 Insurance $35,000

830.190 Legal $10,000

830.195 P&A/TA Costs

840.100 Cement Services (4-1/2" Liner)

Total Intangible $40,817 $312,677Tangible Costs

Code Description Comments Daily Cum 850.010 Conductor Casing - 13-3/8"

850.015 Surface Casing - 9-5/8"

850.120 Intermediate Casing - 7"

850.145 Wellhead Equipment

850.150 Float equipment, Centralizers & DVT

850.275 Tangible Contingency

860.030 Production Casing - 4-1/2"

860.035 Liner Hanger - 4-1/2"

Total TangibleTotal Costs $40,817 $312,677

WellEz Information Management Ver4.21.14bg

Page 13: Well Name Daily Drilling Report

Daily Drilling ReportWell Name UTL 28-17-1H

Report Date 10/14/2014

Field University Lands Supervisor Cody Long Report No. 8Location Supervisor 2 Tate A. Edeler DFSCounty Ward Rig Phone Spud DateRig Name 104 Rig Email AFE $6,178,695.00

KB 22.5 Daily Footage Daily Cost $10,174.00

Depth (MD) TVD at Bit Cum. Cost $322,851.49

Estimated TD 21,100

Casing Data

Type Size Weight Grade Connection Top Bottom Shoe Test

Mud Properties Last Survey BHAType Depth Inc Azi Component Length ID ODWeightFVPV Drilling Parameters YP Max WOBLCM (ppb) Max RPMChlorides Max Torque% Solids Max PullDaily Losses Bkgrnd GasTotal Losses Max Gas

Cnx GasTrip Gas

Total Length:

Bit InfoBit # Size Make Type S/N Jets In Out Footage Hrs ROP Grade

-------

-------

-------

-------

Activity Summary (6:00am - 6:00am)From To Hours P / U Summary

6:00 6:00 24.00 UnPlanned

Continue rig up, repair main beam in derrick with Applied Mechanical structural welders, Finish welding in pits , work on install of BOP handling system, rig up pason system an function test, spot frac tanks for cement water, hook up bar blower to bulk uprights, received load of spud mud material, Estimated Spud date 08/14

Total Hours: 24

24 Hour Activity Summary:Continue rig up, repair Main beam in derrick , finish welding mods on pits

24 Hour Plan Forward:Raise derrick, install top drive, spud well

Safety FuelLast BOP Test Last BOP Drill Last Function Test Diesel Used Diesel Recvd Diesel on Loc

Page 14: Well Name Daily Drilling Report

Daily Cost Report

Well Name: UTL 28-17-1H

Report Date: 10/14/2014

Daily Cost $10,174

Intangible Costs

Code Description Comments Daily Cum 830.010 Permits, Licenses, ect $3,000

830.020 Staking & Surveying $5,000

830.030 Road, Locations

830.035 Mobilization/Demobilization $172,500

830.040 Daywork Contract

830.050 Mouse/Rathole/Conduct Pipe

830.055 Directional Drilling & Survey

830.060 Bits, Tools, Stabalizers $10,347

830.065 Fuel, Power $21,164

830.070 Equipment Rental $3,306 $19,583

830.075 Mud & Chemicals

830.080 Mud Logging

830.090 Core Analysis

830.095 Openhole Logging

830.100 Cement Services

830.110 Casing Crew & Equipment

830.120 Contract Labor $890

830.160 Fishing Services

830.165 Drill Water Fresh water for rig $1,368 $1,368

830.175 Supervision Cody Long , Tate Edeler , Gary Simpson $5,500 $44,000

830.185 Insurance $35,000

830.190 Legal $10,000

830.195 P&A/TA Costs

840.100 Cement Services (4-1/2" Liner)

Total Intangible $10,174 $322,851Tangible Costs

Code Description Comments Daily Cum 850.010 Conductor Casing - 13-3/8"

850.015 Surface Casing - 9-5/8"

850.120 Intermediate Casing - 7"

850.145 Wellhead Equipment

850.150 Float equipment, Centralizers & DVT

850.275 Tangible Contingency

860.030 Production Casing - 4-1/2"

860.035 Liner Hanger - 4-1/2"

Total TangibleTotal Costs $10,174 $322,851

WellEz Information Management Ver4.21.14bg

Page 15: Well Name Daily Drilling Report

Daily Drilling ReportWell Name UTL 28-17-1H

Report Date 10/15/2014

Field University Lands Supervisor Cody Long Report No. 9Location Supervisor 2 Tate A. Edeler DFSCounty Ward Rig Phone Spud DateRig Name 104 Rig Email AFE $6,178,695.00

KB 22.5 Daily Footage 128 Daily Cost $6,126.00

Depth (MD) 128 TVD at Bit 128 Cum. Cost $328,977.49

Estimated TD 21,100

Casing Data

Type Size Weight Grade Connection Top Bottom Shoe Test

Mud Properties Last Survey BHAType Depth Inc Azi Component Length ID ODWeight Drill Bit 1.00'FV Motor 30.29'PV Drilling Parameters Stabilizer 5.90'YP Max WOB Monel Collar 29.83'LCM (ppb) Max RPM Stabilizer 6.20'Chlorides Max Torque Monel Collar 30.89'% Solids Max Pull Drill Collar 30.56'Daily Losses Bkgrnd GasTotal Losses Max Gas

Cnx GasTrip Gas

Total Length: 134.67

Bit InfoBit # Size Make Type S/N Jets In Out Footage Hrs ROP Grade

1 17.5 Hughes PDC 7035479 6X20 101' -------

-------

-------

-------

Activity Summary (6:00am - 6:00am)From To Hours P / U Summary6:00 16:00 10.00 Planned Finish Welding main beam on derrick, finish welding mods on pits, rig up top drive and floor, fill pits ,function test all equipment

16:00 17:30 1.50 Planned Lay out and strap BHA, prep all directional tools

17:30 20:30 3.00 Planned Make up Spud BHA, scribe directional tools , test MWD tools , make up stabs

20:30 22:30 2.00 Drilling

Spud Well @ 20:30 hrs, Conductor depth 101'Drill 17 1/2'' Surface from 101' to 128', GPM: 400RPM: 45-50

22:30 6:00 7.50 UnPlanned Trouble shoot electrical issues with top drive

Total Hours: 24

24 Hour Activity Summary:Finish welding mods, rig up top drive, make up bha, spud well @ 20:30 hrs, drill to 128' , troubleshoot top drive issues

24 Hour Plan Forward:Drill 17 1/2'' Surface to a TD of 900' +/-

Safety FuelLast BOP Test Last BOP Drill Last Function Test Diesel Used Diesel Recvd Diesel on Loc

Page 16: Well Name Daily Drilling Report

Daily Cost Report

Well Name: UTL 28-17-1H

Report Date: 10/15/2014

Daily Cost $6,126

Intangible Costs

Code Description Comments Daily Cum 830.010 Permits, Licenses, ect $3,000

830.020 Staking & Surveying $5,000

830.030 Road, Locations

830.035 Mobilization/Demobilization $172,500

830.040 Daywork Contract

830.050 Mouse/Rathole/Conduct Pipe

830.055 Directional Drilling & Survey

830.060 Bits, Tools, Stabalizers $10,347

830.065 Fuel, Power $21,164

830.070 Equipment Rental $2,226 $21,809

830.075 Mud & Chemicals

830.080 Mud Logging

830.090 Core Analysis

830.095 Openhole Logging

830.100 Cement Services

830.110 Casing Crew & Equipment

830.120 Contract Labor $890

830.160 Fishing Services

830.165 Drill Water $1,368

830.175 Supervision Cody Long , Jeff Staples $3,900 $47,900

830.185 Insurance $35,000

830.190 Legal $10,000

830.195 P&A/TA Costs

840.100 Cement Services (4-1/2" Liner)

Total Intangible $6,126 $328,977Tangible Costs

Code Description Comments Daily Cum 850.010 Conductor Casing - 13-3/8"

850.015 Surface Casing - 9-5/8"

850.120 Intermediate Casing - 7"

850.145 Wellhead Equipment

850.150 Float equipment, Centralizers & DVT

850.275 Tangible Contingency

860.030 Production Casing - 4-1/2"

860.035 Liner Hanger - 4-1/2"

Total TangibleTotal Costs $6,126 $328,977

WellEz Information Management Ver4.21.14bg

Page 17: Well Name Daily Drilling Report

Daily Drilling ReportWell Name UTL 28-17-1H

Report Date 10/15/2014

Field University Lands Supervisor Cody Long Report No. 9Location Supervisor 2 Tate A. Edeler DFSCounty Ward Rig Phone Spud DateRig Name 104 Rig Email AFE $6,178,695.00

KB 22.5 Daily Footage 128 Daily Cost $6,126.00

Depth (MD) 128 TVD at Bit 128 Cum. Cost $328,977.49

Estimated TD 21,100

Casing Data

Type Size Weight Grade Connection Top Bottom Shoe Test

Mud Properties Last Survey BHAType Depth Inc Azi Component Length ID ODWeight Drill Bit 1.00'FV Motor 30.29'PV Drilling Parameters Stabilizer 5.90'YP Max WOB Monel Collar 29.83'LCM (ppb) Max RPM Stabilizer 6.20'Chlorides Max Torque Monel Collar 30.89'% Solids Max Pull Drill Collar 30.56'Daily Losses Bkgrnd GasTotal Losses Max Gas

Cnx GasTrip Gas

Total Length: 134.67

Bit InfoBit # Size Make Type S/N Jets In Out Footage Hrs ROP Grade

1 17.5 Hughes PDC 7035479 6X20 101' -------

-------

-------

-------

Activity Summary (6:00am - 6:00am)From To Hours P / U Summary6:00 16:00 10.00 Planned Finish Welding main beam on derrick, finish welding mods on pits, rig up top drive and floor, fill pits ,function test all equipment

16:00 17:30 1.50 Planned Lay out and strap BHA, prep all directional tools

17:30 20:30 3.00 Planned Make up Spud BHA, scribe directional tools , test MWD tools , make up stabs

20:30 22:30 2.00 Drilling

Spud Well @ 20:30 hrs, Conductor depth 101'Drill 17 1/2'' Surface from 101' to 128', GPM: 400RPM: 45-50

22:30 6:00 7.50 UnPlanned Trouble shoot electrical issues with top drive

Total Hours: 24

24 Hour Activity Summary:Finish welding mods, rig up top drive, make up bha, spud well @ 20:30 hrs, drill to 128' , troubleshoot top drive issues

24 Hour Plan Forward:Drill 17 1/2'' Surface to a TD of 900' +/-

Safety FuelLast BOP Test Last BOP Drill Last Function Test Diesel Used Diesel Recvd Diesel on Loc

Page 18: Well Name Daily Drilling Report

Daily Cost Report

Well Name: UTL 28-17-1H

Report Date: 10/15/2014

Daily Cost $6,126

Intangible Costs

Code Description Comments Daily Cum 830.010 Permits, Licenses, ect $3,000

830.020 Staking & Surveying $5,000

830.030 Road, Locations

830.035 Mobilization/Demobilization $172,500

830.040 Daywork Contract

830.050 Mouse/Rathole/Conduct Pipe

830.055 Directional Drilling & Survey

830.060 Bits, Tools, Stabalizers $10,347

830.065 Fuel, Power $21,164

830.070 Equipment Rental $2,226 $21,809

830.075 Mud & Chemicals

830.080 Mud Logging

830.090 Core Analysis

830.095 Openhole Logging

830.100 Cement Services

830.110 Casing Crew & Equipment

830.120 Contract Labor $890

830.160 Fishing Services

830.165 Drill Water $1,368

830.175 Supervision Cody Long , Jeff Staples $3,900 $47,900

830.185 Insurance $35,000

830.190 Legal $10,000

830.195 P&A/TA Costs

840.100 Cement Services (4-1/2" Liner)

Total Intangible $6,126 $328,977Tangible Costs

Code Description Comments Daily Cum 850.010 Conductor Casing - 13-3/8"

850.015 Surface Casing - 9-5/8"

850.120 Intermediate Casing - 7"

850.145 Wellhead Equipment

850.150 Float equipment, Centralizers & DVT

850.275 Tangible Contingency

860.030 Production Casing - 4-1/2"

860.035 Liner Hanger - 4-1/2"

Total TangibleTotal Costs $6,126 $328,977

WellEz Information Management Ver4.21.14bg

Page 19: Well Name Daily Drilling Report

Daily Drilling ReportWell Name UTL 28-17-1H

Report Date 10/16/2014

Field University Lands Supervisor Cody Long Report No. 10Location Supervisor 2 Jeff Staples DFS 2County Ward Rig Phone Spud Date 10/14/2014Rig Name 104 Rig Email AFE $6,178,695.00

KB 22.5 Daily Footage Daily Cost $85,506.46

Depth (MD) 128 TVD at Bit 128 Cum. Cost $414,483.95

Estimated TD 21,100

Casing Data

Type Size Weight Grade Connection Top Bottom Shoe Test

Mud Properties Last Survey BHAType FW Depth Inc Azi Component Length ID ODWeight 8.3 Drill Bit 1.50'FV 26 X-Over 2.43'PV 2 Drilling Parameters Motor 29.15'YP 1 Max WOB Stabilizer 6.93'LCM (ppb) Max RPM Sub 2.78'Chlorides Max Torque Monel Collar 61.18'% Solids Max Pull Stabilizer 7.60'Daily Losses Bkgrnd Gas Drill Collar 26.32'Total Losses Max Gas X-Over 4.51'

Cnx GasTrip Gas

Total Length: 142.40

Bit InfoBit # Size Make Type S/N Jets In Out Footage Hrs ROP Grade

1 17.5 Hughes PDC 7035479 6X20 101' -------

-------

-------

-------

Activity Summary (6:00am - 6:00am)From To Hours P / U Summary

6:00 19:00 13.00 UnPlannedWork on top drive, change out service loop, make repairs to hydraulic pump, install sock on service loop, change saver sub, make adjustments to top drive track and torque beam.

19:00 0:00 5.00 UnPlanned Work on flowline , pason sensors, and trough under shakers, trouble shoot mud pump electrical with Basin electrician

0:00 1:30 1.50 Planned Function test all equipment , Top drive, Iron Roughneck with no signs of electrical malfunctions,

1:30 3:00 1.50 UnPlannedBHA was pulled out of hole for reconfiguration for better directional control.Due to all repairs Rig acceptance is moved to 10/16/2014 @ 03:00

3:00 6:00 3.00 Planned Make up Tools reconfigure stabilizer placement, retest MWD tools, Make up 8' DC, Pick up 4 1/2'' HWDP as a Kelly joint

Total Hours: 24

24 Hour Activity Summary:Make repairs to topdrive, replace service loop, pull BHA and change configuration

24 Hour Plan Forward:Drill 17.5'' Surface from 128' , TD ,Trip for casing

Safety FuelLast BOP Test Last BOP Drill Last Function Test Diesel Used Diesel Recvd Diesel on Loc

Page 20: Well Name Daily Drilling Report

Daily Cost Report

Well Name: UTL 28-17-1H

Report Date: 10/16/2014

Daily Cost $85,506

Intangible Costs

Code Description Comments Daily Cum 830.010 Permits, Licenses, ect $3,000

830.020 Staking & Surveying $5,000

830.030 Road, Locations $62117 Price const- $9690 Caliche $71,807 $71,807

830.035 Mobilization/Demobilization $172,500

830.040 Daywork Contract 3 Hrs of 24 hr dayrate $2,500 $2,500

830.050 Mouse/Rathole/Conduct Pipe

830.055 Directional Drilling & Survey

830.060 Bits, Tools, Stabalizers $10,347

830.065 Fuel, Power $21,164

830.070 Equipment Rental $3,951 $25,760

830.075 Mud & Chemicals Drive by engineer $125 $125

830.080 Mud Logging

830.090 Core Analysis

830.095 Openhole Logging

830.100 Cement Services 13.625 Float Equipment $2,473 $2,473

830.110 Casing Crew & Equipment

830.120 Contract Labor CWS Welding, Hanrail mods for trip tank $750 $1,640

830.160 Fishing Services

830.165 Drill Water $1,368

830.175 Supervision Cody Long , Jeff Staples $3,900 $51,800

830.185 Insurance $35,000

830.190 Legal $10,000

830.195 P&A/TA Costs

840.100 Cement Services (4-1/2" Liner)

Total Intangible $85,506 $414,484Tangible Costs

Code Description Comments Daily Cum 850.010 Conductor Casing - 13-3/8"

850.015 Surface Casing - 9-5/8"

850.120 Intermediate Casing - 7"

850.145 Wellhead Equipment

850.150 Float equipment, Centralizers & DVT

850.275 Tangible Contingency

860.030 Production Casing - 4-1/2"

860.035 Liner Hanger - 4-1/2"

Total TangibleTotal Costs $85,506 $414,484

WellEz Information Management Ver4.21.14bg

Page 21: Well Name Daily Drilling Report

Daily Drilling ReportWell Name UTL 28-17-1H

Report Date 10/17/2014

Field University Lands Supervisor Cody Long Report No. 11Location Supervisor 2 Jeff Staples DFS 3County Ward Rig Phone Spud Date 10/14/2014Rig Name 104 Rig Email AFE $6,178,695.00

KB 22.5 Daily Footage 672 Daily Cost $63,504.77

Depth (MD) 800 TVD at Bit 800 Cum. Cost $502,988.72

Estimated TD 21,100

Casing Data

Type Size Weight Grade Connection Top Bottom Shoe Test

Mud Properties Last Survey BHAType FW Depth Inc Azi Component Length ID ODWeight 8.3 Drill Bit 1.50'FV 26 X-Over 2.43'PV 2 Drilling Parameters Motor 29.15'YP 1 Max WOB Stabilizer 6.93'LCM (ppb) Max RPM Sub 2.78'Chlorides Max Torque Monel Collar 61.18'% Solids Max Pull Stabilizer 7.60'Daily Losses Bkgrnd Gas Drill Collar 26.32'Total Losses Max Gas X-Over 4.51'

Cnx GasTrip Gas

Total Length: 142.40

Bit InfoBit # Size Make Type S/N Jets In Out Footage Hrs ROP Grade

1 17.5 Hughes PDC 7035479 6X20 101' -------

-------

-------

-------

Activity Summary (6:00am - 6:00am)From To Hours P / U Summary6:00 9:30 3.50 Planned Make up Kelly joint , add stabilizer, tag bottom @ 127'

9:30 10:30 1.00 UnPlanned Repair dresser sleeve on flowline

10:30 14:30 4.00 Drilling

Drill 17 1/2'' Surface from 127' to 234'GPM: 425RPM: 35-50

14:30 18:00 3.50 UnPlanned Conductor washed out in cellar, no returns going over flowline. Pump cellar out and pump LCM pills to heal conductor

18:00 6:00 12.00 Drilling

Drill 17 1/2'' Surface from 234' to 800'GPM: 425RPM: 35-50Cellar will not heal up, close in steel pit and maintain LCM

Total Hours: 24

24 Hour Activity Summary:

24 Hour Plan Forward:

Safety FuelLast BOP Test Last BOP Drill Last Function Test Diesel Used Diesel Recvd Diesel on Loc

Page 22: Well Name Daily Drilling Report

Daily Cost Report

Well Name: UTL 28-17-1H

Report Date: 10/17/2014

Daily Cost $63,505

Intangible Costs

Code Description Comments Daily Cum 830.010 Permits, Licenses, ect $3,000

830.020 Staking & Surveying $5,000

830.030 Road, Locations $71,807

830.035 Mobilization/Demobilization $172,500

830.040 Daywork Contract $20,000 $22,500

830.050 Mouse/Rathole/Conduct Pipe $25,000

830.055 Directional Drilling & Survey $5,500 $5,500

830.060 Bits, Tools, Stabalizers $10,347

830.065 Fuel, Power $21,164

830.070 Equipment Rental $2,651 $28,411

830.075 Mud & Chemicals $125

830.080 Mud Logging

830.090 Core Analysis

830.095 Openhole Logging

830.100 Cement Services $2,473

830.110 Casing Crew & Equipment

830.120 Contract Labor Clean and drift casing, clean houses $1,520 $3,160

830.160 Fishing Services

830.165 Drill Water $1,368

830.175 Supervision Cody Long , Jeff Staples $3,900 $55,700

830.185 Insurance $35,000

830.190 Legal $10,000

830.195 P&A/TA Costs

840.100 Cement Services (4-1/2" Liner)

Total Intangible $33,571 $473,055Tangible Costs

Code Description Comments Daily Cum 850.010 Conductor Casing - 13-3/8"

850.015 Surface Casing - 9-5/8"

850.120 Intermediate Casing - 7"

850.145 Wellhead Equipment Wellhead package ( Cameron ) $29,934 $29,934

850.150 Float equipment, Centralizers & DVT

850.275 Tangible Contingency

860.030 Production Casing - 4-1/2"

860.035 Liner Hanger - 4-1/2"

Total Tangible $29,934 $29,934Total Costs $63,505 $502,989

WellEz Information Management Ver4.21.14bg

Page 23: Well Name Daily Drilling Report

Daily Drilling ReportWell Name UTL 28-17-1H

Report Date 10/18/2014

Field University Lands Supervisor Cody Long Report No. 12Location Supervisor 2 Jeff Staples DFS 4County Ward Rig Phone Spud Date 10/14/2014Rig Name 104 Rig Email AFE $6,178,695.00

KB 22.5 Daily Footage 173 Daily Cost $103,942.08

Depth (MD) 960 TVD at Bit 960 Cum. Cost $606,930.80

Estimated TD 21,100

Casing Data

Type Size Weight Grade Connection Top Bottom Shoe Test

Mud Properties Last Survey BHAType FW Depth Inc Azi Component Length ID ODWeight 8.3 Drill Bit 1.50'FV 26 X-Over 2.43'PV 2 Drilling Parameters Motor 29.15'YP 1 Max WOB Stabilizer 6.93'LCM (ppb) Max RPM Sub 2.78'Chlorides Max Torque Monel Collar 61.18'% Solids Max Pull Stabilizer 7.60'Daily Losses Bkgrnd Gas Drill Collar 26.32'Total Losses Max Gas X-Over 4.51'

Cnx GasTrip Gas

Total Length: 142.40

Bit InfoBit # Size Make Type S/N Jets In Out Footage Hrs ROP Grade

1 17.5 Hughes PDC 7035479 6X20 101' -------

-------

-------

-------

Activity Summary (6:00am - 6:00am)From To Hours P / U Summary

6:00 8:30 2.50 Drilling

Drill 17 1/2'' Surface from 787' to 880'GPM: 625RPM: 45-60Complete conductor washout, taking returns in the cellar

8:30 9:00 0.50 Drilling Rig Service

9:00 10:30 1.50 Drilling

Drill 17 1/2'' Surface from 880' to 960' TDGPM: 625RPM: 45-60Complete conductor washout, taking returns in the cellar

10:30 11:30 1.00 Planned Circulate Hi Vis Sweeps with LCM to Clean hole and try to heal conductor

11:30 12:30 1.00 Planned Trip out for casing , keep hole full with 2'' fill line, hole in good shape

12:30 15:30 3.00 Planned Work 17 1/2'' BHA, lay down stabs , drain and break motor , Bit and lay down

15:30 16:30 1.00 Planned Rig up casing crew and laydown machine

16:30 21:00 4.50 Planned Run 23 joints of 13 3/8' J55 48# casing too 918' , good returns during casing job

21:00 22:00 1.00 Planned Rig down casing crew and lay down truck

22:00 23:00 1.00 Planned Circulate casing @ 6bbl min- good returns

23:00 3:00 4.00 Planned

Rig up Cementers and cement- Good Returns500 sks (Lead) 154bbl @13.5ppg350 sks (Tail) 84bbl @14.8ppgDisp. 136bbl 9.8ppg Brine33 bbls to surfaceBump Plug @ 984psi, Floats heldBled Back .25bbl

3:00 4:00 1.00 Planned Rig Down Cementers

4:00 6:00 2.00 Planned Waiting on Cement- Clean cellar and mud tanks

Total Hours: 24

24 Hour Activity Summary:Drill 17.5 surface hole, TOH, Run 13.375 surface casing, Cement, Wait on cement

24 Hour Plan Forward:Wait on Cement, Clean cellar , Cut conductor, Weld on well head, Nipple up BOP and Test, TIH, Drill 12.25'' Intermediate

Safety FuelLast BOP Test Last BOP Drill Last Function Test Diesel Used Diesel Recvd Diesel on Loc

Page 24: Well Name Daily Drilling Report

Daily Cost Report

Well Name: UTL 28-17-1H

Report Date: 10/18/2014

Daily Cost $103,942

Intangible Costs

Code Description Comments Daily Cum 830.010 Permits, Licenses, ect $3,000

830.020 Staking & Surveying $5,000

830.030 Road, Locations $71,807

830.035 Mobilization/Demobilization $172,500

830.040 Daywork Contract $20,000 $42,500

830.050 Mouse/Rathole/Conduct Pipe $25,000

830.055 Directional Drilling & Survey $9,455 $14,955

830.060 Bits, Tools, Stabalizers $10,347

830.065 Fuel, Power $21,164

830.070 Equipment Rental $2,915 $31,326

830.075 Mud & Chemicals $125

830.080 Mud Logging

830.090 Core Analysis

830.095 Openhole Logging

830.100 Cement Services Baker- Cement Surface $42,860 $45,334

830.110 Casing Crew & Equipment $16,780 $16,780

830.120 Contract Labor CWS weld conductor, Horizontal Rentals $8,032 $11,192

830.160 Fishing Services

830.165 Drill Water $1,368

830.175 Supervision Cody Long , Jeff Staples $3,900 $59,600

830.185 Insurance $35,000

830.190 Legal $10,000

830.195 P&A/TA Costs

840.100 Cement Services (4-1/2" Liner)

Total Intangible $103,942 $576,997Tangible Costs

Code Description Comments Daily Cum 850.010 Conductor Casing - 13-3/8"

850.015 Surface Casing - 9-5/8"

850.120 Intermediate Casing - 7"

850.145 Wellhead Equipment $29,934

850.150 Float equipment, Centralizers & DVT

850.275 Tangible Contingency

860.030 Production Casing - 4-1/2"

860.035 Liner Hanger - 4-1/2"

Total Tangible $29,934Total Costs $103,942 $606,931

WellEz Information Management Ver4.21.14bg

Page 25: Well Name Daily Drilling Report

Daily Drilling ReportWell Name UTL 28-17-1H

Report Date 10/19/2014

Field University Lands Supervisor Cody Long Report No. 13Location Supervisor 2 Jeff Staples DFS 5County Ward Rig Phone Spud Date 10/14/2014Rig Name 104 Rig Email AFE $6,178,695.00

KB 22.5 Daily Footage Daily Cost $50,894.44

Depth (MD) 960 TVD at Bit 960 Cum. Cost $657,825.24

Estimated TD 21,100

Casing Data

Type Size Weight Grade Connection Top Bottom Shoe TestSurface 13-3/8 48.0 J55 8 Rnd STC 919' 10 ppg

Mud Properties Last Survey BHAType FW Depth Inc Azi Component Length ID ODWeight 8.3 Drill Bit 1.50'FV 26 X-Over 2.43'PV 2 Drilling Parameters Motor 29.15'YP 1 Max WOB Stabilizer 6.93'LCM (ppb) Max RPM Sub 2.78'Chlorides Max Torque Monel Collar 61.18'% Solids Max Pull Stabilizer 7.60'Daily Losses Bkgrnd Gas Drill Collar 26.32'Total Losses Max Gas X-Over 4.51'

Cnx GasTrip Gas

Total Length: 142.40

Bit InfoBit # Size Make Type S/N Jets In Out Footage Hrs ROP Grade

1 17.5 Hughes PDC 7035479 6X20 101' 960' 859' 34.2 25.0 0-0-N-N-I-x--TD

-------

-------

-------

Activity Summary (6:00am - 6:00am)From To Hours P / U Summary6:00 8:00 2.00 Planned Wait on cement while preparing equipment for nipple up

8:00 13:30 5.50 PlannedCut conductor, cut 13 3/8'' casing, and lay down, make final cut on well head, set well head and orient valve direction, weld on head and test

13:30 1:30 12.00 PlannedNipple up BOP = 9 hrs3 hrs installing new rotating head, Orient to Flow Line and Weld Flange to bowl

1:30 6:00 4.50 Planned

Test BOPE as followsPipe rams , blind rams, annular, choke manifold, HCR valve, kill line and valves, test top drive back to mud pumps 5,000psi High250psi Low3,500psi Annularon the last test at report time

Total Hours: 24

24 Hour Activity Summary:Cut Conductor And 13.375" Surface Casing, Weld On Well Head, Nipple Up and Test BOP

24 Hour Plan Forward:Finish Testing BOP, Pick Up BHA #2, TIH, Drill Out Shoe Track, Drill 12.25" Intermediate

Safety FuelLast BOP Test Last BOP Drill Last Function Test Diesel Used Diesel Recvd Diesel on Loc

Page 26: Well Name Daily Drilling Report

Daily Cost Report

Well Name: UTL 28-17-1H

Report Date: 10/19/2014

Daily Cost $50,894

Intangible Costs

Code Description Comments Daily Cum 830.010 Permits, Licenses, ect $3,000

830.020 Staking & Surveying $5,000

830.030 Road, Locations $71,807

830.035 Mobilization/Demobilization $172,500

830.040 Daywork Contract $20,000 $62,500

830.050 Mouse/Rathole/Conduct Pipe $25,000

830.055 Directional Drilling & Survey $2,725 $17,680

830.060 Bits, Tools, Stabalizers Baker 17.5'' bit $6,500 $16,847

830.065 Fuel, Power $21,164

830.070 Equipment Rental $5,005 $36,331

830.075 Mud & Chemicals $5,374 $5,499

830.080 Mud Logging

830.090 Core Analysis

830.095 Openhole Logging

830.100 Cement Services $45,334

830.110 Casing Crew & Equipment $16,780

830.120 Contract Labor $11,192

830.160 Fishing Services

830.165 Drill Water 2,000bbl Brine Delivered $7,390 $8,758

830.175 Supervision Cody Long , Jeff Staples $3,900 $63,500

830.185 Insurance $35,000

830.190 Legal $10,000

830.195 P&A/TA Costs

840.100 Cement Services (4-1/2" Liner)

Total Intangible $50,894 $627,891Tangible Costs

Code Description Comments Daily Cum 850.010 Conductor Casing - 13-3/8"

850.015 Surface Casing - 9-5/8"

850.120 Intermediate Casing - 7"

850.145 Wellhead Equipment $29,934

850.150 Float equipment, Centralizers & DVT

850.275 Tangible Contingency

860.030 Production Casing - 4-1/2"

860.035 Liner Hanger - 4-1/2"

Total Tangible $29,934Total Costs $50,894 $657,825

WellEz Information Management Ver4.21.14bg

Page 27: Well Name Daily Drilling Report

Daily Drilling ReportWell Name UTL 28-17-1H

Report Date 10/20/2014

Field University Lands Supervisor Cody Long Report No. 14Location Supervisor 2 Jeff Staples DFS 6County Ward Rig Phone Spud Date 10/14/2014Rig Name 104 Rig Email AFE $6,178,695.00

KB 22.5 Daily Footage 1,051 Daily Cost $95,235.78

Depth (MD) 2,011 TVD at Bit 2,011 Cum. Cost $753,061.02

Estimated TD 21,100

Casing Data

Type Size Weight Grade Connection Top Bottom Shoe TestSurface 13-3/8 48.0 J55 8 Rnd STC 919' 10 ppg

Mud Properties Last Survey BHAType FW Depth Inc Azi Component Length ID ODWeight 9.7 Drill Bit 1.50' 12.25FV 27 Motor 32.97' 8.05PV 2 Drilling Parameters Stabilizer 7.99' 2.81 8.17YP 1 Max WOB 24 Sub 2.78' 3.00 8.10LCM (ppb) Max RPM 70 Monel Collar 30.45' 3.25 8.16Chlorides 175000 Max Torque 11400 Monel Collar 30.73' 3.25 8.16% Solids 0.2 Max Pull Stabilizer 8.02' 2.81 8.10Daily Losses Bkgrnd Gas Drill Collar 26.32' 2.75 8.00Total Losses Max Gas X-Over 4.49' 2.81 8.10

Cnx Gas Drill Collar 184.53' 2.25 6.50Trip Gas Drill Pipe 460.99' 2.75 4.50

X-Over 2.60' 2.25 6.50Total Length: 793.37

Bit InfoBit # Size Make Type S/N Jets In Out Footage Hrs ROP Grade

2 12.25 Hughes PDC-T606X 7153510 6X20 960' 10.5 100.0 0-------

-------

-------

-------

Activity Summary (6:00am - 6:00am)From To Hours P / U Summary

6:00 11:30 5.50 Planned

Test BOPE As Fallows Pipe Rams, Blind Rams, HCR, Choke Manifold,Top Drive and Mud Lines back to Pumps, 5,000 psi High250 psi Low3,500 Annular

11:30 12:00 0.50 Planned Rig Service

12:00 13:30 1.50 Planned Install V-Door, CatWalk, Install Wear Bushing

13:30 15:00 1.50 Planned Pick Up BHA and Scribe Directional

15:00 18:00 3.00 Planned

TIH To Float and Pressure Test 13 3/8'' Surface casingto 1,000 PSI 15 minTag Cement/ Float Plug @ 873'

18:00 19:30 1.50 PlannedDrill Shoe Track and 10' New Formation, Perform Fit Test to 11ppg EMWCasing Shoe at 920'

19:30 6:00 10.50 Drilling

Drill 12 1/4" Intermediate HoleF/970' - T/2,011ROT=70 RPMWOB=20Dif=380GPM=640

Total Hours: 24

24 Hour Activity Summary:Test BOP, Pick up BHA #2, TIH and Drilll 13.375 Shoe Track and cement, Drill 12.25" intermediate from 960' to 2,011

24 Hour Plan Forward:Drill 12.25" Intermediate

Safety FuelLast BOP Test Last BOP Drill Last Function Test Diesel Used Diesel Recvd Diesel on Loc

Page 28: Well Name Daily Drilling Report

Daily Cost Report

Well Name: UTL 28-17-1H

Report Date: 10/20/2014

Daily Cost $95,236

Intangible Costs

Code Description Comments Daily Cum 830.010 Permits, Licenses, ect $3,000

830.020 Staking & Surveying $5,000

830.030 Road, Locations $71,807

830.035 Mobilization/Demobilization $172,500

830.040 Daywork Contract $20,000 $82,500

830.050 Mouse/Rathole/Conduct Pipe $25,000

830.055 Directional Drilling & Survey $9,000 $26,680

830.060 Bits, Tools, Stabalizers $16,847

830.065 Fuel, Power Western Petroleum-Rig Fuel 5920 gal $17,495 $38,659

830.070 Equipment Rental $5,660 $41,991

830.075 Mud & Chemicals $125 $5,624

830.080 Mud Logging

830.090 Core Analysis

830.095 Openhole Logging

830.100 Cement Services $45,334

830.110 Casing Crew & Equipment $16,780

830.120 Contract Labor Mans Welding Service- Test BOP $2,984 $14,176

830.160 Fishing Services

830.165 Drill Water SKT- Haul Fresh Pecos Water for Surface cement $1,368 $10,126

830.175 Supervision Cody Long , Jeff Staples $3,900 $67,400

830.185 Insurance $35,000

830.190 Legal $10,000

830.195 P&A/TA Costs

840.100 Cement Services (4-1/2" Liner)

Total Intangible $60,532 $688,423Tangible Costs

Code Description Comments Daily Cum 850.010 Conductor Casing - 13-3/8" $34,704 $34,704

850.015 Surface Casing - 9-5/8"

850.120 Intermediate Casing - 7"

850.145 Wellhead Equipment $29,934

850.150 Float equipment, Centralizers & DVT

850.275 Tangible Contingency

860.030 Production Casing - 4-1/2"

860.035 Liner Hanger - 4-1/2"

Total Tangible $34,704 $64,638Total Costs $95,236 $753,061

WellEz Information Management Ver4.21.14bg

Page 29: Well Name Daily Drilling Report

Daily Drilling ReportWell Name UTL 28-17-1H

Report Date 10/21/2014

Field University Lands Supervisor Cody Long Report No. 15Location Supervisor 2 Jeff Staples DFS 7County Ward Rig Phone Spud Date 10/14/2014Rig Name 104 Rig Email AFE $6,178,695.00

KB 22.5 Daily Footage 1,315 Daily Cost $45,931.79

Depth (MD) 3,326 TVD at Bit 3,326 Cum. Cost $798,992.81

Estimated TD 21,100

Casing Data

Type Size Weight Grade Connection Top Bottom Shoe TestSurface 13-3/8 48.0 J55 8 Rnd STC 919' 10 ppg

Mud Properties Last Survey BHAType FW Depth Inc Azi Component Length ID ODWeight 10 Drill Bit 1.50' 12.25FV 27 Motor 32.97' 8.05PV 2 Drilling Parameters Stabilizer 7.99' 2.81 8.17YP 1 Max WOB 24 Sub 2.78' 3.00 8.10LCM (ppb) Max RPM 80 Monel Collar 30.45' 3.25 8.16Chlorides 188200 Max Torque 10700 Monel Collar 30.73' 3.25 8.16% Solids 0.6 Max Pull 110000 Stabilizer 8.02' 2.81 8.10Daily Losses Bkgrnd Gas Drill Collar 26.32' 2.75 8.00Total Losses Max Gas X-Over 4.49' 2.81 8.10

Cnx Gas Drill Collar 184.53' 2.25 6.50Trip Gas Drill Pipe 460.99' 2.75 4.50

X-Over 2.60' 2.25 6.50Total Length: 793.37

Bit InfoBit # Size Make Type S/N Jets In Out Footage Hrs ROP Grade

2 12.25 Hughes PDC-T606X 7153510 6X20 960' 32.5 73.0 0-------

-------

-------

-------

Activity Summary (6:00am - 6:00am)From To Hours P / U Summary

6:00 8:00 2.00 Drilling

Drilling 12.25" IntermediateF/2,011' - T/ 2,196'WOB=20ROT=65DIFF=360TRQ=10,700GPM=640ROP=160' hr

8:00 8:30 0.50 Planned RIG SERVICE

8:30 19:30 11.00 Drilling

Drilling 12.25" Intermediate F/ 2,196' - T/2,905'WOB=17ROT=80DIFF=125TRQ= 5,000GPM=675ROP=49' hr

19:30 20:30 1.00 UnPlanned

Repair Rig Generator Surging Rig Generators Blacked OutReset and Adjust Burton Control System And Wait For Pason To Restart

20:30 5:30 9.00 Drilling

Drilling 12.25" Intermediate F/ 2,905' - T/ 3,326'WOB=22ROT=75DIFF=315TRQ=6900GPM=677ROP=95' hr

5:30 6:00 0.50 UnPlannedRepair RigHydraulic Leak On Top Drive

Total Hours: 24

24 Hour Activity Summary:Drill 12.25" Intermediate F/2,011' T/3,326', Fix generator Surging, Fix Top Drive Hyd Leak

24 Hour Plan Forward:Drill 12.25" Intermediate

Page 30: Well Name Daily Drilling Report

Safety FuelLast BOP Test Last BOP Drill Last Function Test Diesel Used Diesel Recvd Diesel on Loc

Page 31: Well Name Daily Drilling Report

Daily Cost Report

Well Name: UTL 28-17-1H

Report Date: 10/21/2014

Daily Cost $45,932

Intangible Costs

Code Description Comments Daily Cum 830.010 Permits, Licenses, ect $3,000

830.020 Staking & Surveying $5,000

830.030 Road, Locations $71,807

830.035 Mobilization/Demobilization $172,500

830.040 Daywork Contract $20,000 $102,500

830.050 Mouse/Rathole/Conduct Pipe $25,000

830.055 Directional Drilling & Survey Newsco $5,500 $32,180

830.060 Bits, Tools, Stabalizers $16,847

830.065 Fuel, Power $38,659

830.070 Equipment Rental $8,656 $50,647

830.075 Mud & Chemicals $771 $6,395

830.080 Mud Logging

830.090 Core Analysis

830.095 Openhole Logging

830.100 Cement Services $45,334

830.110 Casing Crew & Equipment $16,780

830.120 Contract Labor CWS Welding, Weld Well Head, Rotating head, Misc $7,105 $21,281

830.160 Fishing Services

830.165 Drill Water $10,126

830.175 Supervision Cody Long , Jeff Staples $3,900 $71,300

830.185 Insurance $35,000

830.190 Legal $10,000

830.195 P&A/TA Costs

840.100 Cement Services (4-1/2" Liner)

Total Intangible $45,932 $734,355Tangible Costs

Code Description Comments Daily Cum 850.010 Conductor Casing - 13-3/8" $34,704

850.015 Surface Casing - 9-5/8"

850.120 Intermediate Casing - 7"

850.145 Wellhead Equipment $29,934

850.150 Float equipment, Centralizers & DVT

850.275 Tangible Contingency

860.030 Production Casing - 4-1/2"

860.035 Liner Hanger - 4-1/2"

Total Tangible $64,638Total Costs $45,932 $798,993

WellEz Information Management Ver4.21.14bg

Page 32: Well Name Daily Drilling Report

Daily Drilling ReportWell Name UTL 28-17-1H

Report Date 10/22/2014

Field University Lands Supervisor Nate Baxter Report No. 16Location Supervisor 2 Jeff Staples DFS 8County Ward Rig Phone Spud Date 10/14/2014Rig Name 104 Rig Email AFE $6,178,695.00

KB 22.5 Daily Footage 1,332 Daily Cost $50,183.01

Depth (MD) 4,658 TVD at Bit 4,658 Cum. Cost $849,175.82

Estimated TD 21,100

Casing Data

Type Size Weight Grade Connection Top Bottom Shoe TestSurface 13-3/8 48.0 J55 8 Rnd STC 919' 10 ppg

Mud Properties Last Survey BHAType FW Depth Inc Azi Component Length ID ODWeight 10.1 Drill Bit 1.50' 12.25FV 28 Motor 32.97' 8.05PV 2 Drilling Parameters Stabilizer 7.99' 2.81 8.17YP 1 Max WOB 35 Sub 2.78' 3.00 8.10LCM (ppb) Max RPM 80 Monel Collar 30.45' 3.25 8.16Chlorides 189000 Max Torque Monel Collar 30.73' 3.25 8.16% Solids 0.9 Max Pull Stabilizer 8.02' 2.81 8.10Daily Losses Bkgrnd Gas Drill Collar 26.32' 2.75 8.00Total Losses Max Gas X-Over 4.49' 2.81 8.10

Cnx Gas Drill Collar 184.53' 2.25 6.50Trip Gas Drill Pipe 460.99' 2.75 4.50

X-Over 2.60' 2.25 6.50Total Length: 793.37

Bit InfoBit # Size Make Type S/N Jets In Out Footage Hrs ROP Grade

2 12.25 Hughes PDC-T606X 7153510 6X20 960' 55.0 73.0 0-------

-------

-------

-------

Activity Summary (6:00am - 6:00am)From To Hours P / U Summary

6:00 7:00 1.00 UnPlannedRig Repair Fix Hyd leak on top drive

7:00 9:30 2.50 Drilling

Drilling 12.25" IntermediateF/ 3,325' - T/ 3,420'WOB=27ROT=65DIFF=667TRQ=7400GPM=640

9:30 10:00 0.50 Planned Rig Service

10:00 6:00 20.00 Drilling

Drilling 12.25" Intermediate Only able to run one pump due to rig electrical issue, Max Pump output is 550 GPM F/ 3,420' - T/ 4,658'WOB=33ROT=45DIFF=455TRQ=7600GPM=500

Total Hours: 24

24 Hour Activity Summary:Drill 12.25" Intermediate F/3,325' T/ 4,658'

24 Hour Plan Forward:Drill 12.25" Intermediate

Safety FuelLast BOP Test Last BOP Drill Last Function Test Diesel Used Diesel Recvd Diesel on Loc

Page 33: Well Name Daily Drilling Report

Daily Cost Report

Well Name: UTL 28-17-1H

Report Date: 10/22/2014

Daily Cost $50,183

Intangible Costs

Code Description Comments Daily Cum 830.010 Permits, Licenses, ect $3,000

830.020 Staking & Surveying $5,000

830.030 Road, Locations $71,807

830.035 Mobilization/Demobilization $172,500

830.040 Daywork Contract $20,000 $122,500

830.050 Mouse/Rathole/Conduct Pipe $25,000

830.055 Directional Drilling & Survey $7,200 $39,380

830.060 Bits, Tools, Stabalizers $16,847

830.065 Fuel, Power $38,659

830.070 Equipment Rental $4,986 $55,633

830.075 Mud & Chemicals $1,288 $7,684

830.080 Mud Logging

830.090 Core Analysis

830.095 Openhole Logging

830.100 Cement Services $45,334

830.110 Casing Crew & Equipment $16,780

830.120 Contract Labor HRI- R/u Flare stack and ignitor, Haul scrap iron $9,169 $30,450

830.160 Fishing Services

830.165 Drill Water SKT- trasport brine to reserve pit $3,640 $13,766

830.175 Supervision Nate Baxter , Jeff Staples $3,900 $75,200

830.185 Insurance $35,000

830.190 Legal $10,000

830.195 P&A/TA Costs

840.100 Cement Services (4-1/2" Liner)

Total Intangible $50,183 $784,538Tangible Costs

Code Description Comments Daily Cum 850.010 Conductor Casing - 13-3/8" $34,704

850.015 Surface Casing - 9-5/8"

850.120 Intermediate Casing - 7"

850.145 Wellhead Equipment $29,934

850.150 Float equipment, Centralizers & DVT

850.275 Tangible Contingency

860.030 Production Casing - 4-1/2"

860.035 Liner Hanger - 4-1/2"

Total Tangible $64,638Total Costs $50,183 $849,176

WellEz Information Management Ver4.21.14bg

Page 34: Well Name Daily Drilling Report

Daily Drilling ReportWell Name UTL 28-17-1H

Report Date 10/23/2014

Field University Lands Supervisor Nate Baxter Report No. 17Location Supervisor 2 Jeff Staples DFS 9County Ward Rig Phone Spud Date 10/14/2014Rig Name 104 Rig Email AFE $6,178,695.00

KB 22.5 Daily Footage 1,843 Daily Cost $40,756.03

Depth (MD) 6,501 TVD at Bit 6,501 Cum. Cost $889,931.85

Estimated TD 21,100

Casing Data

Type Size Weight Grade Connection Top Bottom Shoe TestSurface 13-3/8 48.0 J55 8 Rnd STC 919' 10 ppg

Mud Properties Last Survey BHAType FW Depth Inc Azi Component Length ID ODWeight 9.7 6,267' 1.20º 339.60º Drill Bit 1.50' 12.25FV 28 Motor 32.97' 8.05PV 2 Drilling Parameters Stabilizer 7.99' 2.81 8.17YP 1 Max WOB 35 Sub 2.78' 3.00 8.10LCM (ppb) Max RPM 80 Monel Collar 30.45' 3.25 8.16Chlorides 152000 Max Torque 11000 Monel Collar 30.73' 3.25 8.16% Solids 0.2 Max Pull 156000 Stabilizer 8.02' 2.81 8.10Daily Losses Bkgrnd Gas Drill Collar 26.32' 2.75 8.00Total Losses Max Gas X-Over 4.49' 2.81 8.10

Cnx Gas Drill Collar 184.53' 2.25 6.50Trip Gas Drill Pipe 460.99' 2.75 4.50

X-Over 2.60' 2.25 6.50Total Length: 793.37

Bit InfoBit # Size Make Type S/N Jets In Out Footage Hrs ROP Grade

2 12.25 Hughes PDC-T606X 7153510 6X20 960' 6,501' 5,541' 71.5 77.0 0-------

-------

-------

-------

Activity Summary (6:00am - 6:00am)From To Hours P / U Summary

6:00 9:00 3.00 Drilling

Drill 12.25" Intermediate HoleF/ 4,658' - T/4,829'WOB=35ROT=75DIFF=470GPM=502TRQ=9,000MWT-9.7ppg 11ph 28VIS

9:00 9:30 0.50 Planned Rig Service

9:30 17:30 8.00 Drilling

Drilling 12.25" Intermediate HoleF/ 4,829' - T/ 5,671'WOB=30ROT=80DIFF=610GPM=495TRQ=9,500MWT-9.7ppg 11ph 28vis

17:30 18:30 1.00 UnPlannedRig Repair Replace blown o-ring on stand pipe

18:30 0:00 5.50 Drilling

Drilling 12.25" intermediate HoleF/ 5,671' - T/6,139'WOB=25ROT=76DIFF=605GPM=503TRQ=11,000MWT- 9.7ppg 11ph 28vis

0:00 1:00 1.00 UnPlannedRig RepairGenerators died trouble starting back up, Electrical issues, Change out starter on Gen 3

1:00 6:00 5.00 Drilling

Drilling 12.25" Intermediate HoleF/ 6,139' - T/6,501WOB=30ROT=70DIFF=460GPM=500TRQ=10,000

Total Hours: 24

24 Hour Activity Summary:

Page 35: Well Name Daily Drilling Report

Drill 12.25" Intermediate F/ 4,658' - T/ 6,501', Rig repair blown o-ring on stand pipe, rig repair generators down due to electrical/ mechanical issue

24 Hour Plan Forward:Drill 12.25" Intermediate Hole

Safety FuelLast BOP Test Last BOP Drill Last Function Test Diesel Used Diesel Recvd Diesel on Loc

Page 36: Well Name Daily Drilling Report

Daily Cost Report

Well Name: UTL 28-17-1H

Report Date: 10/23/2014

Daily Cost $40,756

Intangible Costs

Code Description Comments Daily Cum 830.010 Permits, Licenses, ect $3,000

830.020 Staking & Surveying $5,000

830.030 Road, Locations $71,807

830.035 Mobilization/Demobilization $172,500

830.040 Daywork Contract $20,000 $142,500

830.050 Mouse/Rathole/Conduct Pipe $25,000

830.055 Directional Drilling & Survey $7,200 $46,580

830.060 Bits, Tools, Stabalizers $16,847

830.065 Fuel, Power $38,659

830.070 Equipment Rental $6,590 $62,223

830.075 Mud & Chemicals $1,966 $9,649

830.080 Mud Logging $1,100 $1,100

830.090 Core Analysis

830.095 Openhole Logging

830.100 Cement Services $45,334

830.110 Casing Crew & Equipment $16,780

830.120 Contract Labor $30,450

830.160 Fishing Services

830.165 Drill Water $13,766

830.175 Supervision Nate Baxter , Jeff Staples $3,900 $79,100

830.185 Insurance $35,000

830.190 Legal $10,000

830.195 P&A/TA Costs

840.100 Cement Services (4-1/2" Liner)

Total Intangible $40,756 $825,294Tangible Costs

Code Description Comments Daily Cum 850.010 Conductor Casing - 13-3/8" $34,704

850.015 Surface Casing - 9-5/8"

850.120 Intermediate Casing - 7"

850.145 Wellhead Equipment $29,934

850.150 Float equipment, Centralizers & DVT

850.275 Tangible Contingency

860.030 Production Casing - 4-1/2"

860.035 Liner Hanger - 4-1/2"

Total Tangible $64,638Total Costs $40,756 $889,932

WellEz Information Management Ver4.21.14bg

Page 37: Well Name Daily Drilling Report

Daily Drilling ReportWell Name UTL 28-17-1H

Report Date 10/24/2014

Field University Lands Supervisor Nate Baxter Report No. 18Location Supervisor 2 Jeff Staples DFS 10County Ward Rig Phone Spud Date 10/14/2014Rig Name 104 Rig Email AFE $6,178,695.00

KB 22.5 Daily Footage 943 Daily Cost $60,954.06

Depth (MD) 7,444 TVD at Bit 7,444 Cum. Cost $950,885.91

Estimated TD 21,100

Casing Data

Type Size Weight Grade Connection Top Bottom Shoe TestSurface 13-3/8 48.0 J55 8 Rnd STC 919' 10 ppg

Mud Properties Last Survey BHAType FW Depth Inc Azi Component Length ID ODWeight 9.9 Drill Bit 1.50' 12.25FV 28 Motor 32.97' 8.05PV 2 Drilling Parameters Stabilizer 7.99' 2.81 8.17YP 1 Max WOB 40 Sub 2.78' 3.00 8.10LCM (ppb) 12 Max RPM 80 Monel Collar 30.45' 3.25 8.16Chlorides 174000 Max Torque 10500 Monel Collar 30.73' 3.25 8.16% Solids 0.3 Max Pull Stabilizer 8.02' 2.81 8.10Daily Losses 288 Bkgrnd Gas Drill Collar 26.32' 2.75 8.00Total Losses 288 Max Gas X-Over 4.49' 2.81 8.10

Cnx Gas Drill Collar 184.53' 2.25 6.50Trip Gas Drill Pipe 460.99' 2.75 4.50

X-Over 2.60' 2.25 6.50Total Length: 793.37

Bit InfoBit # Size Make Type S/N Jets In Out Footage Hrs ROP Grade

2 12.25 Hughes PDC-T606X 7153510 6X20 960' 6,501' 7,444' 90.0 83.0 0-------

-------

-------

-------

Activity Summary (6:00am - 6:00am)From To Hours P / U Summary

6:00 8:00 2.00 UnPlanned

Lost Circulation, Spot LCM pills at Loss Zone1st Pill - Spotted 30bbl @ Loss Zone 12% LCM @ 250 GPM, Shut Down and Clean Pipe Screen regained partial returns2nd Pill - Spotted 30bbl @ Loss Zone 12% LCM @ 350 GPMregained Full returns

8:00 10:00 2.00 Drilling

Drilling 12.25" Intermediate HoleF/ 6,501' - T/6,610'WOB=20ROT=60DIFF=470GPM=500TRQ=7500Pumping 20bbl 12% LCM Sweeps 2 times per stand

10:00 10:30 0.50 Planned Rig Service

10:30 11:00 0.50 Drilling

Drilling 12.25" Intermediate HoleF/6,610' - T/6,652'WOB=20ROT=62DIFF=351GPM=506TRQ=8400Pumping 20bbl LCM sweeps 2 times per stand

11:00 11:30 0.50 UnPlanned Build Volume In Mud Tanks

11:30 19:30 8.00 Drilling

Drilling 12.25" Intermediate HoleF/ 6,652' - T/ 7,148'WOB=30ROT=45DIFF=441GPM=495TRQ=9700Pumping 30bbls 12% LCM sweeps 2 times per stand

19:30 21:30 2.00 UnPlanned

Lost Circulation, Spot LCM Pills at Loss Zone1st Pill Spotted 30bbls 12% LCM @ Loss Zone 175gpm regained Partial Returns2nd Pill Spotted 30bbls12% LCM @ Loss Zone 175 GPM Shut Down Clean pipe Screen regained partial Returns3 Pill Spotted 60bbl 12% LCM @ Loss ZoneRegained Full Returns

21:30 3:00 5.50 Drilling

Drilling 12.25" Intermediate HoleF/ 7,148' - T/ 7,361'WOB=26ROT=40DIFF=285GPM=497TRQ=10200Pumping 30bbls 12% LCM sweeps 2 times per stand

3:00 3:30 0.50 UnPlannedLost Circulation, Spot 60bbl 12% LCM PillRegained Circulation

3:30 6:00 2.50 Drilling

Drilling 12.25" Intermediate HoleF/ 7,361' - WOB=40ROT=30DIFF=100GPM=504TRQ=5500Pumping 20bbls 10% LCM sweeps 2 times per stand

Page 38: Well Name Daily Drilling Report

Total Hours: 24

24 Hour Activity Summary:Drill 12.25" Intermediate Hole F/ 6,501' - T/ 7,444 Lost Circulation, Rig Service

24 Hour Plan Forward:Drill 12.25" Intermediate Hole

Safety FuelLast BOP Test Last BOP Drill Last Function Test Diesel Used Diesel Recvd 6,777 Diesel on Loc 6,777

Page 39: Well Name Daily Drilling Report

Daily Cost Report

Well Name: UTL 28-17-1H

Report Date: 10/24/2014

Daily Cost $60,954

Intangible Costs

Code Description Comments Daily Cum 830.010 Permits, Licenses, ect $3,000

830.020 Staking & Surveying $5,000

830.030 Road, Locations $71,807

830.035 Mobilization/Demobilization $172,500

830.040 Daywork Contract $20,000 $162,500

830.050 Mouse/Rathole/Conduct Pipe $25,000

830.055 Directional Drilling & Survey $7,200 $53,780

830.060 Bits, Tools, Stabalizers $16,847

830.065 Fuel, Power Western Petroleum- TOP Off Rig Fuel $17,752 $56,410

830.070 Equipment Rental $6,020 $68,243

830.075 Mud & Chemicals $4,982 $14,631

830.080 Mud Logging $1,100 $2,200

830.090 Core Analysis

830.095 Openhole Logging

830.100 Cement Services $45,334

830.110 Casing Crew & Equipment $16,780

830.120 Contract Labor $30,450

830.160 Fishing Services

830.165 Drill Water $13,766

830.175 Supervision Nate Baxter , Jeff Staples $3,900 $83,000

830.185 Insurance $35,000

830.190 Legal $10,000

830.195 P&A/TA Costs

840.100 Cement Services (4-1/2" Liner)

Total Intangible $60,954 $886,248Tangible Costs

Code Description Comments Daily Cum 850.010 Conductor Casing - 13-3/8" $34,704

850.015 Surface Casing - 9-5/8"

850.120 Intermediate Casing - 7"

850.145 Wellhead Equipment $29,934

850.150 Float equipment, Centralizers & DVT

850.275 Tangible Contingency

860.030 Production Casing - 4-1/2"

860.035 Liner Hanger - 4-1/2"

Total Tangible $64,638Total Costs $60,954 $950,886

WellEz Information Management Ver4.21.14bg

Page 40: Well Name Daily Drilling Report

Daily Drilling ReportWell Name UTL 28-17-1H

Report Date 10/25/2014

Field University Lands Supervisor Nate Baxter Report No. 19Location Supervisor 2 Jeff Staples DFS 11County Ward Rig Phone Spud Date 10/14/2014Rig Name 104 Rig Email AFE $6,178,695.00

KB 22.5 Daily Footage 167 Daily Cost $60,402.56

Depth (MD) 7,611 TVD at Bit 7,611 Cum. Cost $1,011,288.47

Estimated TD 21,100

Casing Data

Type Size Weight Grade Connection Top Bottom Shoe TestSurface 13-3/8 48.0 J55 8 Rnd STC 919' 10 ppg

Mud Properties Last Survey BHAType Brine Depth Inc Azi Component Length ID ODWeight 9.7 7,486' 2.50º 235.60º Drill Bit 1.50' 10.63FV 27 Motor 32.97' 8.05PV 2 Drilling Parameters Stabilizer 6.30' 2.81 8.13YP 1 Max WOB 30 Sub 2.78' 3.00 8.12LCM (ppb) Max RPM 40 Monel Collar 30.45' 3.25 8.16Chlorides 188200 Max Torque 9500 Monel Collar 30.73' 3.25 8.16% Solids 0.1 Max Pull Stabilizer 6.67' 2.81 8.10Daily Losses Bkgrnd Gas Drill Collar 26.32' 2.75 8.00Total Losses 288 Max Gas X-Over 4.49' 2.81 8.10

Cnx Gas Drill Collar 184.53' 2.25 6.50Trip Gas Drill Pipe 460.99' 2.75 4.50

X-Over 2.60' 2.25 6.50Total Length: 790.33

Bit InfoBit # Size Make Type S/N Jets In Out Footage Hrs ROP Grade

3 10.625 Hughes T606X 7151027 6X20 7,444' 7,611' 167' 4.0 42.0 0-------

-------

-------

-------

Activity Summary (6:00am - 6:00am)From To Hours P / U Summary

6:00 7:30 1.50 UnPlanned

Circulate Hole, Spot 60bbls 12% LCM Pill On Bottom

Cochise 2801 Well Shut In - 525psi on tubing head

7:30 15:30 8.00 UnPlanned

Trip Out Hole To Change Out Bit/ Stabilizers F/ 7,444 - BHABack Reaming F/6,357' - T/ 5,987' Due to Tight Hole

15:30 16:30 1.00 Planned Rig Service- Clean rig floor of unneeded tools and equipment

16:30 20:30 4.00 UnPlanned Make Up BHA- Change Out UBHO Sub, Surface Test MWD

20:30 2:00 5.50 UnPlanned

Trip In HoleF/ BHA - T/ 7,444'Wash And Ream F/ 7,358' - T/ 7,444'

2:00 6:00 4.00 Drilling

Drilling 10.625" Intermediate Hole F/ 7,444' - T/ 7,611'WOB=30ROT=47DIFF=200GPM=505TRQ=5400Losses= 8bbl hr.Cochise 2801 Well Shut In - 460psi on tubing head

Total Hours: 24

24 Hour Activity Summary:Trip out hole change out BHA, Trip in hole, Drill 10.625 Intermediate F/ 7,444' - T/ 7,611'

24 Hour Plan Forward:Drill 10.625 Intermediate

Safety FuelLast BOP Test Last BOP Drill Last Function Test Diesel Used 1,213 Diesel Recvd Diesel on Loc 5,564

Page 41: Well Name Daily Drilling Report

Daily Cost Report

Well Name: UTL 28-17-1H

Report Date: 10/25/2014

Daily Cost $60,403

Intangible Costs

Code Description Comments Daily Cum 830.010 Permits, Licenses, ect $3,000

830.020 Staking & Surveying $5,000

830.030 Road, Locations $71,807

830.035 Mobilization/Demobilization $172,500

830.040 Daywork Contract $20,000 $182,500

830.050 Mouse/Rathole/Conduct Pipe $25,000

830.055 Directional Drilling & Survey $9,620 $63,400

830.060 Bits, Tools, Stabalizers Hughes 12.25 Bit and Stabs $14,200 $31,047

830.065 Fuel, Power $56,410

830.070 Equipment Rental $6,021 $74,264

830.075 Mud & Chemicals $5,022 $19,653

830.080 Mud Logging $1,100 $3,300

830.090 Core Analysis

830.095 Openhole Logging

830.100 Cement Services $45,334

830.110 Casing Crew & Equipment $16,780

830.120 Contract Labor The Final Touch Of Texas- CLean camp $540 $30,990

830.160 Fishing Services

830.165 Drill Water $13,766

830.175 Supervision Nate Baxter , Jeff Staples $3,900 $86,900

830.185 Insurance $35,000

830.190 Legal $10,000

830.195 P&A/TA Costs

840.100 Cement Services (4-1/2" Liner)

Total Intangible $60,403 $946,651Tangible Costs

Code Description Comments Daily Cum 850.010 Conductor Casing - 13-3/8" $34,704

850.015 Surface Casing - 9-5/8"

850.120 Intermediate Casing - 7"

850.145 Wellhead Equipment $29,934

850.150 Float equipment, Centralizers & DVT

850.275 Tangible Contingency

860.030 Production Casing - 4-1/2"

860.035 Liner Hanger - 4-1/2"

Total Tangible $64,638Total Costs $60,403 $1,011,288

WellEz Information Management Ver4.21.14bg

Page 42: Well Name Daily Drilling Report

Daily Drilling ReportWell Name UTL 28-17-1H

Report Date 10/26/2014

Field University Lands Supervisor Nate Baxter Report No. 20Location Supervisor 2 Jeff Staples DFS 12County Ward Rig Phone Spud Date 10/14/2014Rig Name 104 Rig Email AFE $6,178,695.00

KB 22.5 Daily Footage 616 Daily Cost $39,651.23

Depth (MD) 8,227 TVD at Bit 8,227 Cum. Cost $1,035,945.62

Estimated TD 21,100

Casing Data

Type Size Weight Grade Connection Top Bottom Shoe TestSurface 13-3/8 48.0 J55 8 Rnd STC 919' 10 ppg

Mud Properties Last Survey BHAType Brine Depth Inc Azi Component Length ID ODWeight 9.9 8,145' 1.40º 194.20º Drill Bit 1.50' 10.63FV 27 Motor 32.97' 8.05PV 2 Drilling Parameters Stabilizer 6.30' 2.81 8.13YP 1 Max WOB 32 Sub 2.78' 3.00 8.12LCM (ppb) Max RPM 40 Monel Collar 30.45' 3.25 8.16Chlorides 180000 Max Torque 12000 Monel Collar 30.73' 3.25 8.16% Solids 0.3 Max Pull Stabilizer 6.67' 2.81 8.10Daily Losses Bkgrnd Gas Drill Collar 26.32' 2.75 8.00Total Losses 288 Max Gas X-Over 4.49' 2.81 8.10

Cnx Gas Drill Collar 184.53' 2.25 6.50Trip Gas Drill Pipe 460.99' 2.75 4.50

X-Over 2.60' 2.25 6.50Total Length: 790.33

Bit InfoBit # Size Make Type S/N Jets In Out Footage Hrs ROP Grade

3 10.625 Hughes T606X 7151027 6X20 7,444' 8,227' 783' 27.0 29.0 0-------

-------

-------

-------

Activity Summary (6:00am - 6:00am)From To Hours P / U Summary

6:00 10:00 4.00 Drilling

Drill 10.625" Intermediate HoleF/ 7,611' - T/ 7,733'WOB=30ROT=45DIFF=303GPM=500TRQ=5800 Losses= 8bbl hr

Cochise 2801- Well shut In 500psi on casing 460psi on tubing head

10:00 10:30 0.50 Planned Rig Service

10:30 21:30 11.00 Drilling

Drill 10.625" Intermediate HoleF/ 7,733 - T/ 8,020'WOB=25ROT=39DIFF=140GPM=495TRQ=5200

21:30 22:00 0.50 UnPlanned

Lost CirculationSpot 20bbl 12% LCM Sweeps and work pipeRegained Full Returns

22:00 6:00 8.00 Drilling

Drill 10.625" Intermediate HoleF/ 8,020 - T/8,227' WOB=32ROT=36DIFF=150GPM=505TRQ=7600 Losses= 16bbl hr

Cochise 2801- Well shut in 500psi on casing 400psi on tubing head

Total Hours: 24

24 Hour Activity Summary:Drill 10.625" Intermediate Hole F/ 7,611' T/8,227' , Rig Service,

24 Hour Plan Forward:

Page 43: Well Name Daily Drilling Report

Drill 10.625" Intermediate Hole

Safety FuelLast BOP Test Last BOP Drill Last Function Test Diesel Used 2,296 Diesel Recvd Diesel on Loc 3,268

Page 44: Well Name Daily Drilling Report

Daily Cost Report

Well Name: UTL 28-17-1H

Report Date: 10/26/2014

Daily Cost $39,651

Intangible Costs

Code Description Comments Daily Cum 830.010 Permits, Licenses, ect $3,000

830.020 Staking & Surveying $5,000

830.030 Road, Locations $71,807

830.035 Mobilization/Demobilization $172,500

830.040 Daywork Contract $20,000 $202,500

830.050 Mouse/Rathole/Conduct Pipe $25,000

830.055 Directional Drilling & Survey $7,200 $70,600

830.060 Bits, Tools, Stabalizers $31,047

830.065 Fuel, Power $56,410

830.070 Equipment Rental $6,021 $80,285

830.075 Mud & Chemicals $1,430 $21,083

830.080 Mud Logging $1,100 $4,400

830.090 Core Analysis

830.095 Openhole Logging

830.100 Cement Services $30,339

830.110 Casing Crew & Equipment $16,780

830.120 Contract Labor $30,990

830.160 Fishing Services

830.165 Drill Water $13,766

830.175 Supervision Nate Baxter , Jeff Staples $3,900 $90,800

830.185 Insurance $35,000

830.190 Legal $10,000

830.195 P&A/TA Costs

840.100 Cement Services (4-1/2" Liner)

Total Intangible $39,651 $971,308Tangible Costs

Code Description Comments Daily Cum 850.010 Conductor Casing - 13-3/8" $34,704

850.015 Surface Casing - 9-5/8"

850.120 Intermediate Casing - 7"

850.145 Wellhead Equipment $29,934

850.150 Float equipment, Centralizers & DVT

850.275 Tangible Contingency

860.030 Production Casing - 4-1/2"

860.035 Liner Hanger - 4-1/2"

Total Tangible $64,638Total Costs $39,651 $1,035,946

WellEz Information Management Ver4.21.14bg

Page 45: Well Name Daily Drilling Report

Daily Drilling ReportWell Name UTL 28-17-1H

Report Date 10/27/2014

Field University Lands Supervisor Nate Baxter Report No. 21Location Supervisor 2 Jeff Staples DFS 13County Ward Rig Phone Spud Date 10/14/2014Rig Name 104 Rig Email AFE $6,178,695.00

KB 22.5 Daily Footage 117 Daily Cost $74,346.11

Depth (MD) 8,344 TVD at Bit 8,344 Cum. Cost $1,110,291.73

Estimated TD 21,100

Casing Data

Type Size Weight Grade Connection Top Bottom Shoe TestSurface 13-3/8 48.0 J55 8 Rnd STC 919' 10 ppg

Mud Properties Last Survey BHAType Brine Depth Inc Azi Component Length ID ODWeight 10 8,237' 2.00º 195.20º Drill Bit 1.50' 10.63FV 27 Shock Sub 9.00' 8.00PV 2 Drilling Parameters Stabilizer 6.67' 2.81 8.21YP 1 Max WOB 35 Drill Collar 28.22' 2.75 7.88LCM (ppb) Max RPM 40 Stabilizer 6.30' 2.81 8.16Chlorides 188000 Max Torque 10400 Sub 2.78' 3.00 8.11% Solids 1 Max Pull 175000 Monel Collar 30.45' 3.25 8.16Daily Losses Bkgrnd Gas Monel Collar 30.73' 3.25 8.16Total Losses Max Gas Drill Collar 26.32' 2.75 8.00

Cnx Gas X-Over 4.49' 2.81 6.50Trip Gas Drill Collar 184.53' 2.25 6.50

Drill Pipe 460.99' 2.75 4.50Total Length: 791.98

Bit InfoBit # Size Make Type S/N Jets In Out Footage Hrs ROP Grade

4 10.625 Hughes T606X 7149495 6X20 8,344' 0-------

-------

-------

-------

Activity Summary (6:00am - 6:00am)From To Hours P / U Summary

6:00 10:30 4.50 Drilling

Drill 10.625" Intermediate holeF/ 8,227' - T/ 8,344'WOB=40ROT=40DIFF=207GPM=488TRQ=7555Losses=20 bbl hr

Cochise 2801- Well Shut In 500psi on casing, 400psi on tubing hesd

10:30 11:00 0.50 UnPlannedCirculate and spot 60 bbl 12% LCM pill, Flow Check- No FLow

11:00 16:30 5.50 UnPlannedTrip out hole to change out BHAF/ 8,334' - BHA

16:30 17:00 0.50 Planned Rig Service

17:00 18:30 1.50 UnPlannedMake Up BHA #4 And Trip in HoleF/ BHA - T/ 920'

18:30 21:00 2.50 Planned

Slip and Cut Drill LineTest MWDService Draw works Chain

21:00 3:30 6.50 UnPlanned

Trip In Hole ContinuedF/ 920' - T/ 8,208Wash and ream F/ 7,989 T/ 8,208'

3:30 6:00 2.50 UnPlanned

Work Tight Hole @ 8,208'

Cochise 2801- Well Shut in 550 psi on casing, 400psi on tubing head

Total Hours: 24

24 Hour Activity Summary:Drill 10.625" Intermediate F/8,222' T/ 8,344', Trip out hole, Change out BHA, Trip In hole, Slip and Cut drill Line, Cont. Trip in hole to 8,208', Working Tight Hole @ 8,208

24 Hour Plan Forward:Trip in hole to Bottom, Drill 10.625" Intermediate hole

Safety FuelLast BOP Test Last BOP Drill Last Function Test Diesel Used 1,628 Diesel Recvd 7,000 Diesel on Loc 8,640

Page 46: Well Name Daily Drilling Report

Daily Cost Report

Well Name: UTL 28-17-1H

Report Date: 10/27/2014

Daily Cost $74,346

Intangible Costs

Code Description Comments Daily Cum 830.010 Permits, Licenses, ect $3,000

830.020 Staking & Surveying $5,000

830.030 Road, Locations $71,807

830.035 Mobilization/Demobilization $172,500

830.040 Daywork Contract $20,000 $222,500

830.050 Mouse/Rathole/Conduct Pipe $25,000

830.055 Directional Drilling & Survey $7,200 $77,800

830.060 Bits, Tools, Stabalizers $12,500 $43,547

830.065 Fuel, Power Western Pet. - Rig Fuel 7000 Gal $20,692 $77,102

830.070 Equipment Rental $6,021 $86,306

830.075 Mud & Chemicals $2,933 $24,016

830.080 Mud Logging $1,100 $5,500

830.090 Core Analysis

830.095 Openhole Logging

830.100 Cement Services $30,339

830.110 Casing Crew & Equipment $16,780

830.120 Contract Labor $30,990

830.160 Fishing Services

830.165 Drill Water $13,766

830.175 Supervision Nate Baxter , Jeff Staples $3,900 $94,700

830.185 Insurance $35,000

830.190 Legal $10,000

830.195 P&A/TA Costs

840.100 Cement Services (4-1/2" Liner)

Total Intangible $74,346 $1,045,654Tangible Costs

Code Description Comments Daily Cum 850.010 Conductor Casing - 13-3/8" $34,704

850.015 Surface Casing - 9-5/8"

850.120 Intermediate Casing - 7"

850.145 Wellhead Equipment $29,934

850.150 Float equipment, Centralizers & DVT

850.275 Tangible Contingency

860.030 Production Casing - 4-1/2"

860.035 Liner Hanger - 4-1/2"

Total Tangible $64,638Total Costs $74,346 $1,110,292

WellEz Information Management Ver4.21.14bg

Page 47: Well Name Daily Drilling Report

Daily Drilling ReportWell Name UTL 28-17-1H

Report Date 10/28/2014

Field University Lands Supervisor Nate Baxter Report No. 22Location Supervisor 2 Jeff Staples DFS 14County Ward Rig Phone Spud Date 10/14/2014Rig Name 104 Rig Email AFE $6,178,695.00

KB 22.5 Daily Footage Daily Cost $42,972.58

Depth (MD) 8,344 TVD at Bit 8,344 Cum. Cost $1,153,264.31

Estimated TD 21,100

Casing Data

Type Size Weight Grade Connection Top Bottom Shoe TestSurface 13-3/8 48.0 J55 8 Rnd STC 919' 10 ppg

Mud Properties Last Survey BHAType Brine Depth Inc Azi Component Length ID ODWeight 9.1 Drill Bit 1.50' 10.63FV 27 Shock Sub 9.00' 8.00PV 2 Drilling Parameters Stabilizer 6.67' 2.81 8.21YP 1 Max WOB 35 Drill Collar 28.22' 2.75 7.88LCM (ppb) Max RPM 40 Stabilizer 6.30' 2.81 8.16Chlorides 86000 Max Torque Sub 2.78' 3.00 8.11% Solids 0.2 Max Pull Monel Collar 30.45' 3.25 8.16Daily Losses Bkgrnd Gas Monel Collar 30.73' 3.25 8.16Total Losses Max Gas Drill Collar 26.32' 2.75 8.00

Cnx Gas X-Over 4.49' 2.81 6.50Trip Gas Drill Collar 184.53' 2.25 6.50

Drill Pipe 460.99' 2.75 4.50Total Length: 791.98

Bit InfoBit # Size Make Type S/N Jets In Out Footage Hrs ROP Grade

4 10.625 Hughes T606X 7149495 6X20 8,344' 0-------

-------

-------

-------

Activity Summary (6:00am - 6:00am)From To Hours P / U Summary

6:00 14:00 8.00 UnPlanned

Work Stuck Pipe @ 8,204'Attempt to Work Torque Down Drill String to Break FreeNeutral Weight 165KMax Pick Up 350kMax Slack Off 50kMax Rotary torque 18 KFT-LBS

14:00 15:30 1.50 UnPlanned Pump 25BBL Hydrochloric acid and Chase with 88bbl Fresh Water, Shut Down to allow Hydrochloric Acid to Break down material

15:30 19:30 4.00 UnPlanned Rig Up Wire Line truck and Run and retrieve MWD.

19:30 22:00 2.50 UnPlanned

Run Wire Line Back In Hole To Free Point@ 7,800'= 35% Free - 65% Stuck@ 7,960'= 5% Free - 95% Stuck

22:00 6:00 8.00 UnPlanned

Continue To Work Stuck Pipe @ 8,204'Attempt To Work Torque Down Drill String to Break FreeMax Pick Up= 165K (Neutral Weight)Max Slack Off= 50KMax Torque=18 KFT-LBS

Total Hours: 24

24 Hour Activity Summary:Work Stuck Pipe @ 8,204', Run Wire Line to retrieve MWD, Spot 1,000 gal Hydrochloric Acid, Free Point wire line, Continue to Work Stuck Pipe

24 Hour Plan Forward:Run Wire line to Free Point, Back out of Stuck Pipe, Trip out hole, Cement

Safety FuelLast BOP Test Last BOP Drill Last Function Test Diesel Used Diesel Recvd Diesel on Loc 8,640

Page 48: Well Name Daily Drilling Report

Daily Cost Report

Well Name: UTL 28-17-1H

Report Date: 10/28/2014

Daily Cost $42,973

Intangible Costs

Code Description Comments Daily Cum 830.010 Permits, Licenses, ect $3,000

830.020 Staking & Surveying $5,000

830.030 Road, Locations $71,807

830.035 Mobilization/Demobilization $172,500

830.040 Daywork Contract $20,000 $242,500

830.050 Mouse/Rathole/Conduct Pipe $25,000

830.055 Directional Drilling & Survey $4,500 $82,300

830.060 Bits, Tools, Stabalizers $43,547

830.065 Fuel, Power $77,102

830.070 Equipment Rental $6,021 $92,327

830.075 Mud & Chemicals $2,538 $26,554

830.080 Mud Logging $1,100 $6,600

830.090 Core Analysis

830.095 Openhole Logging

830.100 Cement Services $30,339

830.110 Casing Crew & Equipment $16,780

830.120 Contract Labor $30,990

830.160 Fishing Services

830.165 Drill Water 240 BBLS fresh Pecos Water- 1000 Gal Hyd Chl Acid $4,914 $18,680

830.175 Supervision Nate Baxter , Jeff Staples $3,900 $98,600

830.185 Insurance $35,000

830.190 Legal $10,000

830.195 P&A/TA Costs

840.100 Cement Services (4-1/2" Liner)

Total Intangible $42,973 $1,088,627Tangible Costs

Code Description Comments Daily Cum 850.010 Conductor Casing - 13-3/8" $34,704

850.015 Surface Casing - 9-5/8"

850.120 Intermediate Casing - 7"

850.145 Wellhead Equipment $29,934

850.150 Float equipment, Centralizers & DVT

850.275 Tangible Contingency

860.030 Production Casing - 4-1/2"

860.035 Liner Hanger - 4-1/2"

Total Tangible $64,638Total Costs $42,973 $1,153,264

WellEz Information Management Ver4.21.14bg

Page 49: Well Name Daily Drilling Report

Daily Drilling ReportWell Name UTL 28-17-1H

Report Date 10/29/2014

Field University Lands Supervisor Nate Baxter Report No. 23Location Supervisor 2 Tate Edeler DFS 15County Ward Rig Phone Spud Date 10/14/2014Rig Name 104 Rig Email AFE $6,178,695.00

KB 22.5 Daily Footage Daily Cost $248,481.00

Depth (MD) 8,344 TVD at Bit 8,344 Cum. Cost $1,399,260.31

Estimated TD 21,100

Casing Data

Type Size Weight Grade Connection Top Bottom Shoe TestSurface 13-3/8 48.0 J55 8 Rnd STC 919' 10 ppg

Mud Properties Last Survey BHAType Brine Depth Inc Azi Component Length ID ODWeight 9.1 Drill Bit 1.50' 10.63FV 27 Shock Sub 9.00' 8.00PV 2 Drilling Parameters Stabilizer 6.67' 2.81 8.21YP 1 Max WOB 35 Drill Collar 28.22' 2.75 7.88LCM (ppb) Max RPM 40 Stabilizer 6.30' 2.81 8.16Chlorides 86000 Max Torque Sub 2.78' 3.00 8.11% Solids 0.2 Max Pull Monel Collar 30.45' 3.25 8.16Daily Losses Bkgrnd Gas 15 Monel Collar 30.73' 3.25 8.16Total Losses Max Gas Drill Collar 26.32' 2.75 8.00

Cnx Gas X-Over 4.49' 2.81 6.50Trip Gas Drill Collar 184.53' 2.25 6.50

Drill Pipe 460.99' 2.75 4.50Total Length: 791.98

Bit InfoBit # Size Make Type S/N Jets In Out Footage Hrs ROP Grade

4 10.625 Hughes T606X 7149495 6X20 8,344' 0-------

-------

-------

-------

Activity Summary (6:00am - 6:00am)From To Hours P / U Summary6:00 6:30 0.50 Planned Rig Service

6:30 8:30 2.00 Planned

Continue working stuck pipe @ 8200'P/U 350KS/O 50KTorque 18 KFT-LBSNo progress made working stuck pipe.

8:30 17:30 9.00 Planned

Run string shot and B/O and attempt to recover drill string from the following depths.6 1/2" Steel DC @ 8,069'6 1/2" Steel DC @ 7,978'Back Off and recover 6 jnts HWDP and 4 " DS @ 7,592'Pull Free and check Drill string for rotation.R/D Wire line.3 Runs TotalTOF @ 7,592'

17:30 22:00 4.50 Planned

Circulate Hole clean and condition Mud.Spot Cement Equipment and prepare to pump Cement side track Plug.Hold Safety Meeting with Cementers

22:00 2:30 4.50 Planned

R/U Compass Cement Equip.Pump Cement Side Track plug as follows.46 BBLS Spacer62 BBLS Class H 17.5# 0.94 yield Cement4 BBLS SpacerDisplace W/ 70 BBLS Brine water 10#Final lift was 400 psi @ 3BPMBled off and checked balance 2 bbl. back and plug balanced.R/D Cement Floor EquipPull 10 Stnds 4 min StndDrop wiper ball and complete full circulation.Residual Cement back to surface.

2:30 6:00 3.50 Planned

TOOH F/6600' - T/ 1650'

Cochise 2801 Well Shut In: CSG=650psi Tubing=350psi

Total Hours: 24

24 Hour Activity Summary:Work Stuck pipe. Run in hole with prima cord and Back off HWDP at free point. Circulate hole clean. Pump Cement Plug. TOOH.

24 Hour Plan Forward:

Page 50: Well Name Daily Drilling Report

Finish TOOH F/ 1650' . Waiting on tools before TIH for sidetrack.

Safety FuelLast BOP Test Last BOP Drill Last Function Test Diesel Used 1,995 Diesel Recvd Diesel on Loc 6,645

Page 51: Well Name Daily Drilling Report

Daily Cost Report

Well Name: UTL 28-17-1H

Report Date: 10/29/2014

Daily Cost $248,481

Intangible Costs

Code Description Comments Daily Cum 830.010 Permits, Licenses, ect $3,000

830.020 Staking & Surveying $5,000

830.030 Road, Locations $71,807

830.035 Mobilization/Demobilization $172,500

830.040 Daywork Contract $20,000 $262,500

830.050 Mouse/Rathole/Conduct Pipe $25,000

830.055 Directional Drilling & Survey $4,425 $86,725

830.060 Bits, Tools, Stabalizers $43,547

830.065 Fuel, Power $77,102

830.070 Equipment Rental $6,021 $98,348

830.075 Mud & Chemicals $125 $26,679

830.080 Mud Logging $1,100 $7,700

830.090 Core Analysis

830.095 Openhole Logging

830.100 Cement Services $34,311 $64,650

830.110 Casing Crew & Equipment $16,780

830.120 Contract Labor CWS / HRI $4,392 $35,382

830.160 Fishing Services $24,207 $24,207

830.165 Drill Water $18,680

830.175 Supervision Nate Baxter , Jeff Staples $3,900 $102,500

830.185 Insurance $35,000

830.190 Legal $10,000

830.195 P&A/TA Costs

840.100 Cement Services (4-1/2" Liner)

Total Intangible $98,481 $1,187,108Tangible Costs

Code Description Comments Daily Cum 850.010 Conductor Casing - 13-3/8" $32,219

850.015 Surface Casing - 9-5/8"

850.120 Intermediate Casing - 7"

850.145 Wellhead Equipment $29,934

850.150 Float equipment, Centralizers & DVT

850.275 Tangible Contingency LIH equipment Place Holder (JC 10/29/2014) $150,000 $150,000

860.030 Production Casing - 4-1/2"

860.035 Liner Hanger - 4-1/2"

Total Tangible $150,000 $212,153Total Costs $248,481 $1,399,260

WellEz Information Management Ver4.21.14bg

Page 52: Well Name Daily Drilling Report

Daily Drilling ReportWell Name UTL 28-17-1H

Report Date 10/30/2014

Field University Lands Supervisor Nate Baxter Report No. 24Location Supervisor 2 Tate Edeler DFS 16County Ward Rig Phone Spud Date 10/14/2014Rig Name 104 Rig Email AFE $6,178,695.00

KB 22.5 Daily Footage Daily Cost $58,663.20

Depth (MD) 8,344 TVD at Bit 8,344 Cum. Cost $1,457,923.51

Estimated TD 21,100

Casing Data

Type Size Weight Grade Connection Top Bottom Shoe TestSurface 13-3/8 48.0 J55 8 Rnd STC 919' 10 ppg

Mud Properties Last Survey BHAType Brine Depth Inc Azi Component Length ID ODWeight 9.9 Drill Bit 1.50' 10.63FV 27 Motor 28.90' 8.00PV 2 Drilling Parameters Sub 2.18' 3.00 7.00YP 1 Max WOB 35 Monel Collar 31.06' 3.25 7.88LCM (ppb) Max RPM 40 Monel Collar 28.20' 3.25 7.88Chlorides 175000 Max Torque Drill Collar 28.06' 2.75 7.88% Solids 0.2 Max Pull X-Over 3.43' 2.81 6.75Daily Losses Bkgrnd Gas Drill Collar 185.80' 2.38 6.50Total Losses Max Gas Drill Pipe 92.19' 2.75 4.50

Cnx Gas 2.60' 2.25 6.50Trip Gas 936.94' 2.50 4.50

Total Length: 1340.86

Bit InfoBit # Size Make Type S/N Jets In Out Footage Hrs ROP Grade

4 10.625 Hughes T606X 7149495 6X20 8,344' 0-------

5 10.625 Hughes T606X 7153391 6X22 7,050' -------

-------

-------

Activity Summary (6:00am - 6:00am)From To Hours P / U Summary6:00 7:30 1.50 Planned Finished TOOH .

7:30 10:00 2.50 Planned Pull rotating head , slip and cut , Rig service.

10:00 11:30 1.50 Planned Strap BHA .

11:30 18:00 6.50 Planned Pick up BHA and 4.5 HWDP. Picking up HWDP one joint at a time and making up stands in the mouse hole.

18:00 20:00 2.00 Planned TOOH with BHA to swap bits from tri cone to PDC Hughes T606X and reorient mud motor to 1.83.

20:00 6:00 10.00 Planned

TIH to top of cement at 7050' filling every 30 stands and monitoring displacement.COCHISE 2801=CSG - 700 psi TUBING - 350 psi

Total Hours: 24

24 Hour Activity Summary:Finish TOOH . Slip and cut . Perform rig repairs and wait on Newsco tools. Pick up New BHA and TIH for sidetrack.

24 Hour Plan Forward:Drill cement for sidetrack.

Safety FuelLast BOP Test Last BOP Drill Last Function Test Diesel Used 673 Diesel Recvd Diesel on Loc 5,972

Page 53: Well Name Daily Drilling Report

Daily Cost Report

Well Name: UTL 28-17-1H

Report Date: 10/30/2014

Daily Cost $58,663

Intangible Costs

Code Description Comments Daily Cum 830.010 Permits, Licenses, ect $3,000

830.020 Staking & Surveying $5,000

830.030 Road, Locations $71,807

830.035 Mobilization/Demobilization $172,500

830.040 Daywork Contract $20,000 $282,500

830.050 Mouse/Rathole/Conduct Pipe $25,000

830.055 Directional Drilling & Survey $4,425 $91,150

830.060 Bits, Tools, Stabalizers $43,547

830.065 Fuel, Power $77,102

830.070 Equipment Rental $10,773 $109,122

830.075 Mud & Chemicals $125 $26,804

830.080 Mud Logging $1,100 $8,800

830.090 Core Analysis

830.095 Openhole Logging

830.100 Cement Services $64,650

830.110 Casing Crew & Equipment $16,780

830.120 Contract Labor Mulholland pit cleaning $6,840 $42,222

830.160 Fishing Services $24,207

830.165 Drill Water $18,680

830.175 Supervision Nate Baxter , Tate Edeler $3,900 $106,400

830.185 Insurance $35,000

830.190 Legal $10,000

830.195 P&A/TA Costs

840.100 Cement Services (4-1/2" Liner)

Total Intangible $47,163 $1,234,271Tangible Costs

Code Description Comments Daily Cum 850.010 Conductor Casing - 13-3/8" $32,219

850.015 Surface Casing - 9-5/8"

850.120 Intermediate Casing - 7"

850.145 Wellhead Equipment $29,934

850.150 Float equipment, Centralizers & DVT

850.275 Tangible Contingency Lost in hole charge Baker bit $11,500 $161,500

860.030 Production Casing - 4-1/2"

860.035 Liner Hanger - 4-1/2"

Total Tangible $11,500 $223,653Total Costs $58,663 $1,457,924

WellEz Information Management Ver4.21.14bg

Page 54: Well Name Daily Drilling Report

Daily Drilling ReportWell Name UTL 28-17-1H

Report Date 10/31/2014

Field University Lands Supervisor Nate Baxter Report No. 25Location Supervisor 2 Tate Edeler DFS 17County Ward Rig Phone Spud Date 10/14/2014Rig Name 104 Rig Email AFE $6,178,695.00

KB 22.5 Daily Footage -997 Daily Cost $41,840.12

Depth (MD) 7,347 TVD at Bit 7,347 Cum. Cost $1,620,273.63

Estimated TD 21,100

Casing Data

Type Size Weight Grade Connection Top Bottom Shoe TestSurface 13-3/8 48.0 J55 8 Rnd STC 919' 10 ppg

Mud Properties Last Survey BHAType Brine Depth Inc Azi Component Length ID ODWeight 9.7 7,295' 1.60º 247.40º Drill Bit 1.50' 10.63FV 27 Motor 28.90' 8.00PV 2 Drilling Parameters Sub 2.18' 3.00 7.00YP 1 Max WOB Monel Collar 31.06' 3.25 7.88LCM (ppb) Max RPM Monel Collar 28.20' 3.25 7.88Chlorides 151000 Max Torque Drill Collar 28.06' 2.75 7.88% Solids 0.2 Max Pull X-Over 3.43' 2.81 6.75Daily Losses Bkgrnd Gas 59 Drill Collar 185.80' 2.38 6.50Total Losses Max Gas 59 Drill Pipe 92.19' 2.75 4.50

Cnx Gas 41 2.60' 2.25 6.50Trip Gas 936.94' 2.50 4.50

Total Length: 1340.86

Bit InfoBit # Size Make Type S/N Jets In Out Footage Hrs ROP Grade

4 10.625 Hughes T606X 7149495 6X20 8,344' 0-------

5 10.625 Hughes T606X 7153391 6X22 7,050' -------

-------

-------

Activity Summary (6:00am - 6:00am)From To Hours P / U Summary6:00 7:00 1.00 Planned Finished wash/ream to bottom 7150'.

7:00 7:30 0.50 Planned Rig Service

7:30 8:30 1.00 Drilling

Drill cement F/ 7150' T/ 7157'.WOB=5-15DIFF=50-300ROT=10-30GPM=400-500

8:30 2:00 17.50 Drilling

Drill / Slide F/ 7157' T/ 7344'.WOB=5-30DIFF=50-300ROT=10-30GPM=400-500

2:00 6:00 4.00 Drilling

Build trough and orient tool face for time drilling. Calibrate Pason and time drill ahead F/ 7344' T/ 7346

Survey- Inc - 1.5 Azm - 247.4 Md - 7295'

Total Hours: 24

24 Hour Activity Summary:TOC at 7150'. Time Drill/Slide for sidetrack.

24 Hour Plan Forward:Time drill for sidetrack.

Safety FuelLast BOP Test Last BOP Drill Last Function Test Diesel Used 1,907 Diesel Recvd Diesel on Loc 4,065

Page 55: Well Name Daily Drilling Report

Daily Cost Report

Well Name: UTL 28-17-1H

Report Date: 10/31/2014

Daily Cost $41,840

Intangible Costs

Code Description Comments Daily Cum 830.010 Permits, Licenses, ect $3,000

830.020 Staking & Surveying $5,000

830.030 Road, Locations $71,807

830.035 Mobilization/Demobilization $172,500

830.040 Daywork Contract $20,000 $302,500

830.050 Mouse/Rathole/Conduct Pipe Final ticket cost for dry conductor. $3,300 $28,300

830.055 Directional Drilling & Survey $4,425 $95,575

830.060 Bits, Tools, Stabalizers $43,547

830.065 Fuel, Power $77,102

830.070 Equipment Rental $6,021 $115,143

830.075 Mud & Chemicals $2,876 $29,680

830.080 Mud Logging $1,319 $10,119

830.090 Core Analysis

830.095 Openhole Logging

830.100 Cement Services $64,650

830.110 Casing Crew & Equipment $16,780

830.120 Contract Labor $42,222

830.160 Fishing Services $24,207

830.165 Drill Water $18,680

830.175 Supervision Nate Baxter , Tate Edeler $3,900 $110,300

830.185 Insurance $35,000

830.190 Legal $10,000

830.195 P&A/TA Costs

840.100 Cement Services (4-1/2" Liner)

Total Intangible $41,840 $1,276,111Tangible Costs

Code Description Comments Daily Cum 850.010 Conductor Casing - 13-3/8" $32,219

850.015 Surface Casing - 9-5/8"

850.120 Intermediate Casing - 7"

850.145 Wellhead Equipment $29,934

850.150 Float equipment, Centralizers & DVT

850.275 Tangible Contingency $282,010

860.030 Production Casing - 4-1/2"

860.035 Liner Hanger - 4-1/2"

Total Tangible $344,163Total Costs $41,840 $1,620,274

WellEz Information Management Ver4.21.14bg

Page 56: Well Name Daily Drilling Report

Daily Drilling ReportWell Name UTL 28-17-1H

Report Date 11/01/2014

Field University Lands Supervisor Nate Baxter Report No. 26Location Supervisor 2 Tate Edeler DFS 18County Ward Rig Phone Spud Date 10/14/2014Rig Name 104 Rig Email AFE $6,178,695.00

KB 22.5 Daily Footage 8 Daily Cost $90,432.43

Depth (MD) 7,355 TVD at Bit 7,355 Cum. Cost $1,710,706.06

Estimated TD 21,100

Casing Data

Type Size Weight Grade Connection Top Bottom Shoe TestSurface 13-3/8 48.0 J55 8 Rnd STC 919' 10 ppg

Mud Properties Last Survey BHAType Brine Depth Inc Azi Component Length ID ODWeight 9.95 Drill Bit 1.50' 10.63FV 27 Motor 32.97' 8.00PV 2 Drilling Parameters Sub 2.18' 3.00 7.00YP 1 Max WOB Monel Collar 31.06' 3.25 7.88LCM (ppb) Max RPM Monel Collar 28.20' 3.25 7.88Chlorides 177000 Max Torque Drill Collar 28.06' 2.75 7.88% Solids 0.5 Max Pull X-Over 3.43' 2.81 6.75Daily Losses Bkgrnd Gas 33 Drill Collar 185.80' 2.38 6.50Total Losses Max Gas 84 Drill Pipe 92.19' 2.75 4.50

Cnx Gas 2.60' 2.25 6.50Trip Gas 936.94' 2.50 4.50

Total Length: 1344.93

Bit InfoBit # Size Make Type S/N Jets In Out Footage Hrs ROP Grade

5 10.625 Hughes T606X 7153391 6X22 7,050' 7,348' 298' 24.0 12.0 1-1------ROP

6 10.625 SECURITY EQH30R 12402017 3X20 7,348' -------

-------

-------

Activity Summary (6:00am - 6:00am)From To Hours P / U Summary6:00 8:30 2.50 Drilling Time drill F/ 7347' T/ 7348'.

8:30 14:30 6.00 Planned TOOH F/ 7348' T/ Surface.

14:30 15:00 0.50 Planned Rig Service

15:00 18:30 3.50 Planned PU roller cone and motor, orient motor and TIH.

18:30 23:00 4.50 Planned TIH fill pipe every thirty stands T/ 7256' wash and ream T/ 7338'.

23:00 0:00 1.00 Planned Work pipe troughing hole for time drill and Orient tool face.

0:00 6:00 6.00 Drilling

Time drill sidetrack F/7348' T/7355'.

COCHISE WELL= CSG-675 psi Tubing-275 psi

Total Hours: 24

24 Hour Activity Summary:TOOH to pick up roller cone bit. TIH with new bit and motor. Wash last two stands to bottom and time drill for sidetrack.

24 Hour Plan Forward:Time drill to seperate from cement plug, Drill/Slide ahead in the 10 5/8 vertical sidetrack.

Safety FuelLast BOP Test Last BOP Drill Last Function Test Diesel Used 788 Diesel Recvd 3,500 Diesel on Loc 6,777

Page 57: Well Name Daily Drilling Report

Daily Cost Report

Well Name: UTL 28-17-1H

Report Date: 11/01/2014

Daily Cost $90,432

Intangible Costs

Code Description Comments Daily Cum 830.010 Permits, Licenses, ect $3,000

830.020 Staking & Surveying $5,000

830.030 Road, Locations $71,807

830.035 Mobilization/Demobilization $172,500

830.040 Daywork Contract $20,000 $322,500

830.050 Mouse/Rathole/Conduct Pipe $28,300

830.055 Directional Drilling & Survey Up to date cost . $30,488 $126,063

830.060 Bits, Tools, Stabalizers Halliburton roller cone bit. $14,826 $58,372

830.065 Fuel, Power Rig Fuel $10,694 $87,796

830.070 Equipment Rental $6,021 $121,164

830.075 Mud & Chemicals $2,346 $32,026

830.080 Mud Logging $1,319 $11,437

830.090 Core Analysis

830.095 Openhole Logging

830.100 Cement Services $64,650

830.110 Casing Crew & Equipment $16,780

830.120 Contract Labor House Cleaning , CWS weld on JPE premix $840 $43,062

830.160 Fishing Services $24,207

830.165 Drill Water $18,680

830.175 Supervision Nate Baxter , Tate Edeler $3,900 $114,200

830.185 Insurance $35,000

830.190 Legal $10,000

830.195 P&A/TA Costs

840.100 Cement Services (4-1/2" Liner)

Total Intangible $90,432 $1,366,543Tangible Costs

Code Description Comments Daily Cum 850.010 Conductor Casing - 13-3/8" $32,219

850.015 Surface Casing - 9-5/8"

850.120 Intermediate Casing - 7"

850.145 Wellhead Equipment $29,934

850.150 Float equipment, Centralizers & DVT

850.275 Tangible Contingency $282,010

860.030 Production Casing - 4-1/2"

860.035 Liner Hanger - 4-1/2"

Total Tangible $344,163Total Costs $90,432 $1,710,706

WellEz Information Management Ver4.21.14bg

Page 58: Well Name Daily Drilling Report

Daily Drilling ReportWell Name UTL 28-17-1H

Report Date 11/02/2014

Field University Lands Supervisor Nate Baxter Report No. 27Location Supervisor 2 Tate Edeler DFS 19County Ward Rig Phone Spud Date 10/14/2014Rig Name 104 Rig Email AFE $6,178,695.00

KB 22.5 Daily Footage 55 Daily Cost $50,819.16

Depth (MD) 7,410 TVD at Bit 7,408 Cum. Cost $1,761,525.22

Estimated TD 21,100

Casing Data

Type Size Weight Grade Connection Top Bottom Shoe TestSurface 13-3/8 48.0 J55 8 Rnd STC 919' 10 ppg

Mud Properties Last Survey BHAType Brine Depth Inc Azi Component Length ID ODWeight 9.9 7,295' 1.60º 247.40º Drill Bit 1.50' 10.63FV 27 Motor 28.87' 8.00PV 2 Drilling Parameters Sub 2.18' 3.00 7.00YP 1 Max WOB Monel Collar 31.06' 3.25 7.88LCM (ppb) Max RPM Monel Collar 28.20' 3.25 7.88Chlorides 173600 Max Torque Drill Collar 28.06' 2.75 7.88% Solids 0.3 Max Pull X-Over 3.43' 2.81 6.75Daily Losses Bkgrnd Gas 49 Drill Collar 185.80' 2.38 6.50Total Losses Max Gas 84 Drill Pipe 92.19' 2.75 4.50

Cnx Gas 2.60' 2.25 6.50Trip Gas 84 936.94' 2.50 4.50

Total Length: 1340.83

Bit InfoBit # Size Make Type S/N Jets In Out Footage Hrs ROP Grade

6 10.625 SECURITY EQH30R 12402017 3X20 7,348' 7,410' 62' 19.0 3.0 1-1-WT-C-I-E-G-BHA

-------

-------

-------

Activity Summary (6:00am - 6:00am)From To Hours P / U Summary6:00 6:30 0.50 Planned Rig Service

6:30 18:00 11.50 Drilling Time Drill F/7354' T/7398'.

18:00 19:30 1.50 Drilling Drill/Slide F/ 7398' T/ 7410'.

19:30 2:00 6.50 PlannedPump 150 bbl LCM Vis pill and TOOH F/7410' for motor adjustment and new bit. Layed down Newsco Motor and picked up new Cobra motor.

2:00 3:00 1.00 Planned Strap and scribe Cobra motor. Pickup BHA and TIH.

3:00 6:00 3.00 Planned

TIH with new BHA.

Cochise 2801 = CSG=750psi TBNG=325PSI

Total Hours: 24

24 Hour Activity Summary:Time Drill/Slide to 7410'. TOOH for bit and motor. TIH

24 Hour Plan Forward:TIH and resume drilling from 7410'.

Safety FuelLast BOP Test Last BOP Drill Last Function Test Diesel Used 2,102 Diesel Recvd 3,499 Diesel on Loc 8,174

Page 59: Well Name Daily Drilling Report

Daily Cost Report

Well Name: UTL 28-17-1H

Report Date: 11/02/2014

Daily Cost $50,819

Intangible Costs

Code Description Comments Daily Cum 830.010 Permits, Licenses, ect $3,000

830.020 Staking & Surveying $5,000

830.030 Road, Locations $71,807

830.035 Mobilization/Demobilization $172,500

830.040 Daywork Contract $20,000 $342,500

830.050 Mouse/Rathole/Conduct Pipe $28,300

830.055 Directional Drilling & Survey $7,200 $133,263

830.060 Bits, Tools, Stabalizers Slip dies from Platinum Pipe Rental $1,045 $59,418

830.065 Fuel, Power Rig Fuel $10,642 $98,439

830.070 Equipment Rental $6,021 $127,185

830.075 Mud & Chemicals $692 $32,718

830.080 Mud Logging $1,319 $12,756

830.090 Core Analysis

830.095 Openhole Logging

830.100 Cement Services $64,650

830.110 Casing Crew & Equipment $16,780

830.120 Contract Labor $43,062

830.160 Fishing Services $24,207

830.165 Drill Water $18,680

830.175 Supervision Nate Baxter , Tate Edeler $3,900 $118,100

830.185 Insurance $35,000

830.190 Legal $10,000

830.195 P&A/TA Costs

840.100 Cement Services (4-1/2" Liner)

Total Intangible $50,819 $1,417,362Tangible Costs

Code Description Comments Daily Cum 850.010 Conductor Casing - 13-3/8" $32,219

850.015 Surface Casing - 9-5/8"

850.120 Intermediate Casing - 7"

850.145 Wellhead Equipment $29,934

850.150 Float equipment, Centralizers & DVT

850.275 Tangible Contingency $282,010

860.030 Production Casing - 4-1/2"

860.035 Liner Hanger - 4-1/2"

Total Tangible $344,163Total Costs $50,819 $1,761,525

WellEz Information Management Ver4.21.14bg

Page 60: Well Name Daily Drilling Report

Daily Drilling ReportWell Name UTL 28-17-1H

Report Date 11/03/2014

Field University Lands Supervisor Nate Baxter Report No. 28Location Supervisor 2 Tate Edeler DFS 20County Ward Rig Phone Spud Date 10/14/2014Rig Name 104 Rig Email AFE $6,178,695.00

KB 22.5 Daily Footage 28 Daily Cost $29,681.71

Depth (MD) 7,438 TVD at Bit 7,430 Cum. Cost $1,791,206.93

Estimated TD 21,100

Casing Data

Type Size Weight Grade Connection Top Bottom Shoe TestSurface 13-3/8 48.0 J55 8 Rnd STC 919' 10 ppg

Mud Properties Last Survey BHAType Brine Depth Inc Azi Component Length ID ODWeight 9.9 7,390' 4.80º 259.00º Drill Bit 1.50' 10.63FV 27 Motor 28.87' 8.00PV 2 Drilling Parameters Sub 2.18' 3.00 7.00YP 1 Max WOB Monel Collar 31.06' 3.25 7.88LCM (ppb) Max RPM Monel Collar 28.20' 3.25 7.88Chlorides 173600 Max Torque Drill Collar 28.06' 2.75 7.88% Solids 0.3 Max Pull X-Over 3.43' 2.81 6.75Daily Losses Bkgrnd Gas 53 Drill Collar 185.80' 2.38 6.50Total Losses Max Gas Drill Pipe 92.19' 2.75 4.50

Cnx Gas 2.60' 2.25 6.50Trip Gas 936.94' 2.50 4.50

Total Length: 1340.83

Bit InfoBit # Size Make Type S/N Jets In Out Footage Hrs ROP Grade

7 10.625 Hughes T606X RR 7153391 6X22 7,410' -------

-------

-------

-------

Activity Summary (6:00am - 6:00am)From To Hours P / U Summary

6:00 11:00 5.00 Planned

TIH F/1,400' - T/ 7,344'Fill Pipe every 30 StndsGood displacement achievedPrecautionary wash F/ 7,344' - T/7,410'10' of fill observed

11:00 13:00 2.00 Drilling

Drill 10 5/8" Intermediate section hole.Side track well bore #1 Start @ 7,150' Kicked Off @ 7,410'Previous Trip #6 for BHA @ 7,410'Continue sidetrack and Slide F / 7,410' - T / 7,422'WOB=11RPM=0GPM=450DIFF=150

13:00 13:30 0.50 PlannedRig Service.Change out washed out 4" on Mud pump #2

13:30 15:30 2.00 Drilling

Continue sidetrack and Slide F / 7,422'- T / 7,438'WOB=11RPM=0GPM=500DIFF=150Having hard time holding tool face due to Mud Pumps surging on hole.Trouble shooting surface lines /down hole tools while drilling.

15:30 20:00 4.50 UnPlanned

NPT Basin 104Pumped LCM Sweep and stopped up pump suction screens due to LCM falling out of mud and settled in bottom of pill pit.Go through both pump suctions and remove LCM and screens. Clean and flush.Trouble shoot mud pump power surges.Change SCR assignments and continue trouble shooting pump surges.Check all surface lines and mud pumps to be in good working order on fluid/mechanical end.Circulate across the Top of mud cross eliminating down hole tools and pumps still yielded a power surge.

20:00 6:00 10.00 UnPlanned

NPT Basin Rig 104Electrician Dispatched @ 20:00hrs to trouble shoot power issuesTrip out hole F/7,438' - T/6,000'Circulate hole and observe #2 pump power surge.Tear down and go through #1 pump making sure all parts in working order. Circulate hole and observe #1 pump power surge.Tear down and go through #2 pump making sure all parts in working order. Shut down engine one at time and re-sync engines.Change banks on SCR. de energize and re-energize SCR trouble shooting power surges in mud pumps.DC Amp gauge fluctuating in SCR. 250-350 Amps

Cochise 2801 CSG=775PSI TBNG=300psi

Page 61: Well Name Daily Drilling Report

Total Hours: 24

24 Hour Activity Summary:Drill/Slide to 7438'. Trouble shoot surging mud pumps. TOOH to 6000' and go through both mud pumps and the SCR.

24 Hour Plan Forward:Drill 10 5/8" Intermediate section hole.

Safety FuelLast BOP Test Last BOP Drill Last Function Test Diesel Used 1,133 Diesel Recvd Diesel on Loc 7,041

Page 62: Well Name Daily Drilling Report

Daily Cost Report

Well Name: UTL 28-17-1H

Report Date: 11/03/2014

Daily Cost $29,682

Intangible Costs

Code Description Comments Daily Cum 830.010 Permits, Licenses, ect $3,000

830.020 Staking & Surveying $5,000

830.030 Road, Locations $71,807

830.035 Mobilization/Demobilization $172,500

830.040 Daywork Contract NPT due to electrical surges in the mud pumps SCR $7,917 $350,417

830.050 Mouse/Rathole/Conduct Pipe $28,300

830.055 Directional Drilling & Survey $9,200 $142,463

830.060 Bits, Tools, Stabalizers $59,418

830.065 Fuel, Power $98,439

830.070 Equipment Rental $7,222 $134,406

830.075 Mud & Chemicals $125 $32,843

830.080 Mud Logging $1,319 $14,074

830.090 Core Analysis

830.095 Openhole Logging

830.100 Cement Services $64,650

830.110 Casing Crew & Equipment $16,780

830.120 Contract Labor $43,062

830.160 Fishing Services $24,207

830.165 Drill Water $18,680

830.175 Supervision Nate Baxter , Tate Edeler $3,900 $122,000

830.185 Insurance $35,000

830.190 Legal $10,000

830.195 P&A/TA Costs

840.100 Cement Services (4-1/2" Liner)

Total Intangible $29,682 $1,447,044Tangible Costs

Code Description Comments Daily Cum 850.010 Conductor Casing - 13-3/8" $32,219

850.015 Surface Casing - 9-5/8"

850.120 Intermediate Casing - 7"

850.145 Wellhead Equipment $29,934

850.150 Float equipment, Centralizers & DVT

850.275 Tangible Contingency $282,010

860.030 Production Casing - 4-1/2"

860.035 Liner Hanger - 4-1/2"

Total Tangible $344,163Total Costs $29,682 $1,791,207

WellEz Information Management Ver4.21.14bg

Page 63: Well Name Daily Drilling Report

Daily Drilling ReportWell Name UTL 28-17-1H

Report Date 11/04/2014

Field University Lands Supervisor Jeff Staples Report No. 29Location Supervisor 2 Tate Edeler DFS 21County Ward Rig Phone Spud Date 10/14/2014Rig Name 104 Rig Email AFE $6,178,695.00

KB 22.5 Daily Footage 230 Daily Cost $32,050.24

Depth (MD) 7,668 TVD at Bit 7,681 Cum. Cost $1,821,947.17

Estimated TD 21,100

Casing Data

Type Size Weight Grade Connection Top Bottom Shoe TestSurface 13-3/8 48.0 J55 8 Rnd STC 919' 10 ppg

Mud Properties Last Survey BHAType Brine Depth Inc Azi Component Length ID ODWeight 9.8 7,578' 7.30º 257.00º Drill Bit 1.50' 10.63FV 27 Motor 28.87' 8.00PV 2 Drilling Parameters Sub 2.18' 3.00 7.00YP 1 Max WOB Monel Collar 31.06' 3.25 7.88LCM (ppb) Max RPM Monel Collar 28.20' 3.25 7.88Chlorides 173600 Max Torque Drill Collar 28.06' 2.75 7.88% Solids 0.3 Max Pull X-Over 3.43' 2.81 6.75Daily Losses Bkgrnd Gas 49 Drill Collar 185.80' 2.38 6.50Total Losses Max Gas 58 Drill Pipe 92.19' 2.75 4.50

Cnx Gas 49 2.60' 2.25 6.50Trip Gas 58 936.94' 2.50 4.50

Total Length: 1340.83

Bit InfoBit # Size Make Type S/N Jets In Out Footage Hrs ROP Grade

7 10.625 Hughes T606X RR 7153391 6X22 7,410' 7,668' 258' 15.5 17.0 -------

-------

-------

-------

Activity Summary (6:00am - 6:00am)From To Hours P / U Summary6:00 13:00 7.00 UnPlanned Waited on Electrician to arrive on location trouble shoot SCR and mud pumps. (CODE 8)

13:00 14:30 1.50 UnPlanned TIH F/ 6000' T/ 7438'. Ream hole F/7280' T/7438'.

14:30 6:00 15.50 Drilling

Drill/Slide F/ 7438' T/7688'.WOB- 15-35DIFF- 250-400GPM-400-500ROT-20-50SURVEY-7578' TVD 7571' INC 7.3 AZM 257COCHISE 2801- 775 csg psi 325 tubing psi

Total Hours: 24

24 Hour Activity Summary:Trouble shoot SCR and mud pumps. TIH F/6000' T/7438' and resume sidetrack operations.

24 Hour Plan Forward:Drill /Slide ahead in the 10.625 intermediate section.

Safety FuelLast BOP Test Last BOP Drill Last Function Test Diesel Used 1,614 Diesel Recvd Diesel on Loc 5,427

Page 64: Well Name Daily Drilling Report

Daily Cost Report

Well Name: UTL 28-17-1H

Report Date: 11/04/2014

Daily Cost $32,050

Intangible Costs

Code Description Comments Daily Cum 830.010 Permits, Licenses, ect $3,000

830.020 Staking & Surveying $5,000

830.030 Road, Locations $71,807

830.035 Mobilization/Demobilization $172,500

830.040 Daywork Contract NPT due to electrical surges in the mud pumps SCR $12,917 $363,333

830.050 Mouse/Rathole/Conduct Pipe $28,300

830.055 Directional Drilling & Survey $7,200 $149,663

830.060 Bits, Tools, Stabalizers $59,418

830.065 Fuel, Power $98,439

830.070 Equipment Rental $4,590 $137,686

830.075 Mud & Chemicals $125 $32,968

830.080 Mud Logging $1,319 $15,393

830.090 Core Analysis

830.095 Openhole Logging

830.100 Cement Services $64,650

830.110 Casing Crew & Equipment $16,780

830.120 Contract Labor $43,062

830.160 Fishing Services $24,207

830.165 Drill Water $18,680

830.175 Supervision Nate Baxter , Jeff Staples , Tate Edeler $5,900 $127,900

830.185 Insurance $35,000

830.190 Legal $10,000

830.195 P&A/TA Costs

840.100 Cement Services (4-1/2" Liner)

Total Intangible $32,050 $1,477,784Tangible Costs

Code Description Comments Daily Cum 850.010 Conductor Casing - 13-3/8" $32,219

850.015 Surface Casing - 9-5/8"

850.120 Intermediate Casing - 7"

850.145 Wellhead Equipment $29,934

850.150 Float equipment, Centralizers & DVT

850.275 Tangible Contingency $282,010

860.030 Production Casing - 4-1/2"

860.035 Liner Hanger - 4-1/2"

Total Tangible $344,163Total Costs $32,050 $1,821,947

WellEz Information Management Ver4.21.14bg

Page 65: Well Name Daily Drilling Report

Daily Drilling ReportWell Name UTL 28-17-1H

Report Date 11/05/2014

Field University Lands Supervisor Jeff Staples Report No. 30Location Supervisor 2 Tate Edeler DFS 22County Ward Rig Phone Spud Date 10/14/2014Rig Name 104 Rig Email AFE $6,178,695.00

KB 22.5 Daily Footage 77 Daily Cost $56,157.04

Depth (MD) 7,745 TVD at Bit 7,738 Cum. Cost $1,878,104.21

Estimated TD 21,100

Casing Data

Type Size Weight Grade Connection Top Bottom Shoe TestSurface 13-3/8 48.0 J55 8 Rnd STC 919' 10 ppg

Mud Properties Last Survey BHAType Brine Depth Inc Azi Component Length ID ODWeight 9.8 7,671' 6.30º 252.30º Drill Bit 1.50' 10.63FV 27 Motor 37.16' 8.04PV 2 Drilling Parameters Sub 2.18' 3.00 7.00YP 1 Max WOB Monel Collar 31.06' 3.25 7.88LCM (ppb) Max RPM Monel Collar 28.20' 3.25 7.88Chlorides 160000 Max Torque Drill Collar 28.06' 2.75 7.88% Solids 0.4 Max Pull X-Over 3.43' 2.81 6.75Daily Losses Bkgrnd Gas 35 Drill Collar 185.80' 2.38 6.50Total Losses Max Gas 68 Drill Pipe 92.19' 2.75 4.50

Cnx Gas 35 2.60' 2.25 6.50Trip Gas 936.94' 2.50 4.50

Total Length: 1349.12

Bit InfoBit # Size Make Type S/N Jets In Out Footage Hrs ROP Grade

8 10.625 HUGHES T606X 7153390 6X22 7,745' -------

-------

-------

-------

Activity Summary (6:00am - 6:00am)From To Hours P / U Summary

6:00 10:30 4.50 Drilling

Drill/Slide F/ 7670' T/7717'.WOB- 15-35DIFF- 250-400GPM-400-500ROT-20-50SURVEY-7578' TVD 7571' INC 7.3 AZM 257

10:30 11:00 0.50 Planned Rig Service

11:00 14:00 3.00 Drilling

Drill/Slide F/ 7717' T/7745'.WOB- 15-35DIFF- 250-400GPM-400-500ROT-20-50SURVEY-7671'' TVD 7663.65' INC 6.3 AZM 252.30

14:00 16:30 2.50 Planned Finished building 300 bbl LCM trip pill and spotted it on bottom.TOOH

16:30 22:30 6.00 Planned TOOH F/7745' T/ Surface. Monitoring continuous hole fill displacement volumes recording every 5 stnds.

22:30 0:30 2.00 Planned Lay down motor and bit. Pick up new bit and motor.

0:30 6:00 5.50 PlannedTIH with BHA and test MWD tools. Tested and continue TIH , filling pipe every 30 stands. COCHISE 2801- 775 csg psi 325 tubing psi

Total Hours: 24

24 Hour Activity Summary:Drill/Slide ahead T/ 7745' in the 10.625 sidetrack. TOOH for bit and motor. TIH T/7745'.

24 Hour Plan Forward:Finish TIH and resume drilling operation in the 10.625 sidetrack.

Safety FuelLast BOP Test Last BOP Drill Last Function Test Diesel Used Diesel Recvd Diesel on Loc 5,427

Page 66: Well Name Daily Drilling Report

Daily Cost Report

Well Name: UTL 28-17-1H

Report Date: 11/05/2014

Daily Cost $56,157

Intangible Costs

Code Description Comments Daily Cum 830.010 Permits, Licenses, ect $3,000

830.020 Staking & Surveying $5,000

830.030 Road, Locations $71,807

830.035 Mobilization/Demobilization $172,500

830.040 Daywork Contract $20,000 $383,333

830.050 Mouse/Rathole/Conduct Pipe $28,300

830.055 Directional Drilling & Survey $7,200 $156,863

830.060 Bits, Tools, Stabalizers Baker Hughes T606X 7153391 $11,500 $70,918

830.065 Fuel, Power $98,439

830.070 Equipment Rental $9,218 $146,904

830.075 Mud & Chemicals $3,020 $35,988

830.080 Mud Logging $1,319 $16,711

830.090 Core Analysis

830.095 Openhole Logging

830.100 Cement Services $64,650

830.110 Casing Crew & Equipment $16,780

830.120 Contract Labor $43,062

830.160 Fishing Services $24,207

830.165 Drill Water $18,680

830.175 Supervision Jeff Staples , Tate Edeler $3,900 $131,800

830.185 Insurance $35,000

830.190 Legal $10,000

830.195 P&A/TA Costs

840.100 Cement Services (4-1/2" Liner)

Total Intangible $56,157 $1,533,941Tangible Costs

Code Description Comments Daily Cum 850.010 Conductor Casing - 13-3/8" $32,219

850.015 Surface Casing - 9-5/8"

850.120 Intermediate Casing - 7"

850.145 Wellhead Equipment $29,934

850.150 Float equipment, Centralizers & DVT

850.275 Tangible Contingency $282,010

860.030 Production Casing - 4-1/2"

860.035 Liner Hanger - 4-1/2"

Total Tangible $344,163Total Costs $56,157 $1,878,104

WellEz Information Management Ver4.21.14bg

Page 67: Well Name Daily Drilling Report

Daily Drilling ReportWell Name UTL 28-17-1H

Report Date 11/06/2014

Field University Lands Supervisor Jeff Staples Report No. 31Location Supervisor 2 Tate Edeler DFS 23County Ward Rig Phone Spud Date 10/14/2014Rig Name 104 Rig Email AFE $6,178,695.00

KB 22.5 Daily Footage 185 Daily Cost $46,175.62

Depth (MD) 7,930 TVD at Bit 7,923 Cum. Cost $1,924,279.83

Estimated TD 21,100

Casing Data

Type Size Weight Grade Connection Top Bottom Shoe TestSurface 13-3/8 48.0 J55 8 Rnd STC 919' 10 ppg

Mud Properties Last Survey BHAType Brine Depth Inc Azi Component Length ID ODWeight 9.95 7,766' 5.20º 241.90º Drill Bit 1.50' 10.63FV 27 Motor 37.16' 8.04PV 2 Drilling Parameters Sub 2.18' 3.00 7.00YP 1 Max WOB 30 Monel Collar 31.06' 3.25 7.88LCM (ppb) Max RPM 55 Monel Collar 28.20' 3.25 7.88Chlorides 182425 Max Torque 10500 Drill Collar 28.06' 2.75 7.88% Solids 0.4 Max Pull 185 X-Over 3.43' 2.81 6.75Daily Losses Bkgrnd Gas 17 Drill Collar 185.80' 2.38 6.50Total Losses Max Gas 25 Drill Pipe 92.19' 2.75 4.50

Cnx Gas 2.60' 2.25 6.50Trip Gas 25 936.94' 2.50 4.50

Total Length: 1349.12

Bit InfoBit # Size Make Type S/N Jets In Out Footage Hrs ROP Grade

8 10.625 HUGHES T606X 7153390 6X22 7,745' 7,930' 185' 11.0 17.0 -------

-------

-------

-------

Activity Summary (6:00am - 6:00am)From To Hours P / U Summary

6:00 10:00 4.00 Drilling

Drill/Slide F/ 7745' T/7766'.WOB- 15-35DIFF- 250-400GPM-400-500ROT-20-60SURVEY-7766'' TVD 7758' INC 5.2 AZM 241.9

10:00 23:00 13.00 UnPlannedTrouble shoot mud pumps and SCR for power surge issues. Dispatched electrician from Odessa to maintain and observe until SCR manufactures electrician could be here from Houston. Arrived at 1:30 a.m..

23:00 6:00 7.00 Drilling

Drill/Slide F/ 7766' T/7930'.WOB- 15-35DIFF- 250-400GPM-400-500ROT-20-60SURVEY-7860' TVD 7852' INC 4.4 AZM 238.8

Total Hours: 24

24 Hour Activity Summary:Drill/Slide ahead T/7766' . Trouble shoot pumps and SCR. Drill/Slide ahead T/7930'.

24 Hour Plan Forward:Drill/Slide ahead in the 10.625" intermediate sidetrack.

Safety FuelLast BOP Test Last BOP Drill Last Function Test Diesel Used 2,006 Diesel Recvd 3,500 Diesel on Loc 5,291

Page 68: Well Name Daily Drilling Report

Daily Cost Report

Well Name: UTL 28-17-1H

Report Date: 11/06/2014

Daily Cost $46,176

Intangible Costs

Code Description Comments Daily Cum 830.010 Permits, Licenses, ect $3,000

830.020 Staking & Surveying $5,000

830.030 Road, Locations $71,807

830.035 Mobilization/Demobilization $172,500

830.040 Daywork Contract NPT due to Pumps and SCR issues. $9,167 $392,500

830.050 Mouse/Rathole/Conduct Pipe $28,300

830.055 Directional Drilling & Survey $7,200 $164,063

830.060 Bits, Tools, Stabalizers $70,918

830.065 Fuel, Power Rig Fuel $11,479 $109,918

830.070 Equipment Rental $8,305 $155,209

830.075 Mud & Chemicals $4,123 $40,111

830.080 Mud Logging $1,319 $18,030

830.090 Core Analysis

830.095 Openhole Logging

830.100 Cement Services $64,650

830.110 Casing Crew & Equipment $16,780

830.120 Contract Labor $43,062

830.160 Fishing Services $24,207

830.165 Drill Water Cement Water $684 $19,364

830.175 Supervision Jeff Staples , Tate Edeler $3,900 $135,700

830.185 Insurance $35,000

830.190 Legal $10,000

830.195 P&A/TA Costs

840.100 Cement Services (4-1/2" Liner)

Total Intangible $46,176 $1,580,117Tangible Costs

Code Description Comments Daily Cum 850.010 Conductor Casing - 13-3/8" $32,219

850.015 Surface Casing - 9-5/8"

850.120 Intermediate Casing - 7"

850.145 Wellhead Equipment $29,934

850.150 Float equipment, Centralizers & DVT

850.275 Tangible Contingency $282,010

860.030 Production Casing - 4-1/2"

860.035 Liner Hanger - 4-1/2"

Total Tangible $344,163Total Costs $46,176 $1,924,280

WellEz Information Management Ver4.21.14bg

Page 69: Well Name Daily Drilling Report

Daily Drilling ReportWell Name UTL 28-17-1H

Report Date 11/07/2014

Field University Lands Supervisor Jeff Staples Report No. 32Location Supervisor 2 Tate Edeler DFS 24County Ward Rig Phone Spud Date 10/14/2014Rig Name 104 Rig Email AFE $6,178,695.00

KB 22.5 Daily Footage 180 Daily Cost $49,872.94

Depth (MD) 8,110 TVD at Bit 8,103 Cum. Cost $1,974,152.77

Estimated TD 21,100

Casing Data

Type Size Weight Grade Connection Top Bottom Shoe TestSurface 13-3/8 48.0 J55 8 Rnd STC 919' 10 ppg

Mud Properties Last Survey BHAType Brine Depth Inc Azi Component Length ID ODWeight 10.1 8,048' 3.50º 238.60º Drill Bit 1.50' 10.63FV 27 Motor 37.16' 8.04PV 2 Drilling Parameters Sub 2.18' 3.00 7.00YP 1 Max WOB 30 Monel Collar 31.06' 3.25 7.88LCM (ppb) Max RPM 55 Monel Collar 28.20' 3.25 7.88Chlorides 187700 Max Torque Drill Collar 28.06' 2.75 7.88% Solids 1 Max Pull X-Over 3.43' 2.81 6.75Daily Losses Bkgrnd Gas 13 Drill Collar 185.80' 2.38 6.50Total Losses Max Gas 13 Drill Pipe 92.19' 2.75 4.50

Cnx Gas 9 2.60' 2.25 6.50Trip Gas 936.94' 2.50 4.50

Total Length: 1349.12

Bit InfoBit # Size Make Type S/N Jets In Out Footage Hrs ROP Grade

8 10.625 HUGHES T606X 7153390 6X22 7,745' 8,110' 365' 15.0 24.0 4-8-CT-S-I-X-JD-PR

-------

-------

-------

Activity Summary (6:00am - 6:00am)From To Hours P / U Summary

6:00 10:00 4.00 Drilling

Drill/Slide F/ 7930' T/8010'.WOB- 15-35DIFF- 250-400GPM-400-500ROT-20-60SURVEY-7954'' TVD 7945' INC 3.7 AZM 235.50

10:00 10:30 0.50 Planned Rig Service

10:30 17:00 6.50 Planned

Drill/Slide F/ 8010' T/8110'.WOB- 15-35DIFF- 250-400GPM-400-500ROT-20-60SURVEY-8048'' TVD 8039' INC 3.5 AZM 238.60

17:00 0:30 7.50 Planned Spot 300 bbl LCM viscious sweep on bottom. TOOH for bit and motor F/ 8110 T/surface.

0:30 3:30 3.00 Planned Clean rig floor. Pick up BHA and makeup bit , orient motor and TIH. Surface test tools.

3:30 6:00 2.50 Planned TIH F/ surface T/4340'.

Total Hours: 24

24 Hour Activity Summary:Drill/Slide ahead T/8110'. TOOH for a new bit.

24 Hour Plan Forward:Finish TIH F/4340' with a new bit and resume drilling operations.

Safety FuelLast BOP Test Last BOP Drill Last Function Test Diesel Used 1,760 Diesel Recvd Diesel on Loc 3,531

Page 70: Well Name Daily Drilling Report

Daily Cost Report

Well Name: UTL 28-17-1H

Report Date: 11/07/2014

Daily Cost $49,873

Intangible Costs

Code Description Comments Daily Cum 830.010 Permits, Licenses, ect $3,000

830.020 Staking & Surveying $5,000

830.030 Road, Locations $71,807

830.035 Mobilization/Demobilization $172,500

830.040 Daywork Contract $20,000 $412,500

830.050 Mouse/Rathole/Conduct Pipe $28,300

830.055 Directional Drilling & Survey $7,200 $171,263

830.060 Bits, Tools, Stabalizers BAKER HUGHES T606X - 7153390 $11,500 $82,418

830.065 Fuel, Power $109,918

830.070 Equipment Rental $4,590 $159,799

830.075 Mud & Chemicals $1,364 $41,475

830.080 Mud Logging $1,319 $19,348

830.090 Core Analysis

830.095 Openhole Logging

830.100 Cement Services $64,650

830.110 Casing Crew & Equipment $16,780

830.120 Contract Labor $43,062

830.160 Fishing Services $24,207

830.165 Drill Water $19,364

830.175 Supervision Jeff Staples , Tate Edeler $3,900 $139,600

830.185 Insurance $35,000

830.190 Legal $10,000

830.195 P&A/TA Costs

840.100 Cement Services (4-1/2" Liner)

Total Intangible $49,873 $1,629,990Tangible Costs

Code Description Comments Daily Cum 850.010 Conductor Casing - 13-3/8" $32,219

850.015 Surface Casing - 9-5/8"

850.120 Intermediate Casing - 7"

850.145 Wellhead Equipment $29,934

850.150 Float equipment, Centralizers & DVT

850.275 Tangible Contingency $282,010

860.030 Production Casing - 4-1/2"

860.035 Liner Hanger - 4-1/2"

Total Tangible $344,163Total Costs $49,873 $1,974,153

WellEz Information Management Ver4.21.14bg

Page 71: Well Name Daily Drilling Report

Daily Drilling ReportWell Name UTL 28-17-1H

Report Date 11/08/2014

Field University Lands Supervisor Jeff Staples Report No. 33Location Supervisor 2 Tate Edeler DFS 25County Ward Rig Phone Spud Date 10/14/2014Rig Name 104 Rig Email AFE $6,178,695.00

KB 22.5 Daily Footage 340 Daily Cost $65,336.13

Depth (MD) 8,450 TVD at Bit 8,440 Cum. Cost $2,027,988.90

Estimated TD 21,100

Casing Data

Type Size Weight Grade Connection Top Bottom Shoe TestSurface 13-3/8 48.0 J55 8 Rnd STC 919' 10 ppg

Mud Properties Last Survey BHAType Brine Depth Inc Azi Component Length ID ODWeight 10.1 8,331' 2.90º 236.10º Drill Bit 1.50' 10.63FV 27 Motor 37.16' 8.04PV 2 Drilling Parameters Sub 2.18' 3.00 7.00YP 1 Max WOB 30 Monel Collar 31.06' 3.25 7.88LCM (ppb) Max RPM 55 Monel Collar 28.20' 3.25 7.88Chlorides 184300 Max Torque Drill Collar 28.06' 2.75 7.88% Solids 1.3 Max Pull X-Over 3.43' 2.81 6.75Daily Losses Bkgrnd Gas Drill Collar 185.80' 2.38 6.50Total Losses Max Gas Drill Pipe 92.19' 2.75 4.50

Cnx Gas 2.60' 2.25 6.50Trip Gas 936.94' 2.50 4.50

Total Length: 1349.12

Bit InfoBit # Size Make Type S/N Jets In Out Footage Hrs ROP Grade

9 10.625 SECURITY MM65DM 12372154 6X20 8,110' 8,450' 340' 12.5 27.0 -------

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-------

-------

Activity Summary (6:00am - 6:00am)From To Hours P / U Summary6:00 10:30 4.50 UnPlanned Finish TIH T/ 8010'.

10:30 11:00 0.50 Planned Rig Service

11:00 14:00 3.00 UnPlanned Trouble shoot mud pumps and SCR. We were able to put both pumps on the hole.

14:00 15:00 1.00 Planned Wash and Ream to Bottom 8110'. Feathering bottom of the hole to clean up bit trash and circulate it up the wellbore.

15:00 6:00 15.00 Drilling

Drill/Slide F/ 8110' T/8450'.WOB- 15-35DIFF- 250-400GPM-400-600ROT-20-60SURVEY-8331'' TVD 8321' INC 2.9 AZM 236.10

Total Hours: 24

24 Hour Activity Summary:Finish TIH T/8110' Feather bottom to disturb any junk and resume drilling operations.

24 Hour Plan Forward:Drill/Slide ahead in the 10.625 intermediate section F/8450'.

Safety FuelLast BOP Test Last BOP Drill Last Function Test Diesel Used 2,120 Diesel Recvd 7,000 Diesel on Loc 8,411

Page 72: Well Name Daily Drilling Report

Daily Cost Report

Well Name: UTL 28-17-1H

Report Date: 11/08/2014

Daily Cost $65,336

Intangible Costs

Code Description Comments Daily Cum 830.010 Permits, Licenses, ect $3,000

830.020 Staking & Surveying $5,000

830.030 Road, Locations $71,807

830.035 Mobilization/Demobilization $172,500

830.040 Daywork Contract NPT due to the mud pumps and SCR 3 hrs $17,500 $430,000

830.050 Mouse/Rathole/Conduct Pipe $28,300

830.055 Directional Drilling & Survey $7,200 $178,463

830.060 Bits, Tools, Stabalizers $70,918

830.065 Fuel, Power RIG FUEL $24,147 $134,064

830.070 Equipment Rental $5,155 $164,954

830.075 Mud & Chemicals $5,576 $47,051

830.080 Mud Logging $1,319 $20,667

830.090 Core Analysis

830.095 Openhole Logging

830.100 Cement Services $64,650

830.110 Casing Crew & Equipment $16,780

830.120 Contract Labor House cleaning DSM and Mud Eng. trailers. $540 $43,602

830.160 Fishing Services $24,207

830.165 Drill Water $19,364

830.175 Supervision Jeff Staples , Tate Edeler $3,900 $143,500

830.185 Insurance $35,000

830.190 Legal $10,000

830.195 P&A/TA Costs

840.100 Cement Services (4-1/2" Liner)

Total Intangible $65,336 $1,683,826Tangible Costs

Code Description Comments Daily Cum 850.010 Conductor Casing - 13-3/8" $32,219

850.015 Surface Casing - 9-5/8"

850.120 Intermediate Casing - 7"

850.145 Wellhead Equipment $29,934

850.150 Float equipment, Centralizers & DVT

850.275 Tangible Contingency $282,010

860.030 Production Casing - 4-1/2"

860.035 Liner Hanger - 4-1/2"

Total Tangible $344,163Total Costs $65,336 $2,027,989

WellEz Information Management Ver4.21.14bg

Page 73: Well Name Daily Drilling Report

Daily Drilling ReportWell Name UTL 28-17-1H

Report Date 11/09/2014

Field University Lands Supervisor Jeff Staples Report No. 34Location Supervisor 2 Tate Edeler DFS 26County Ward Rig Phone Spud Date 10/14/2014Rig Name 104 Rig Email AFE $6,178,695.00

KB 22.5 Daily Footage 223 Daily Cost $66,548.10

Depth (MD) 8,673 TVD at Bit 8,663 Cum. Cost $2,094,537.00

Estimated TD 21,100

Casing Data

Type Size Weight Grade Connection Top Bottom Shoe TestSurface 13-3/8 48.0 J55 8 Rnd STC 919' 10 ppg

Mud Properties Last Survey BHAType Brine Depth Inc Azi Component Length ID ODWeight 10 8,613' 1.90º 208.40º Drill Bit 1.50' 10.63FV 32 Motor 37.16' 8.04PV 3 Drilling Parameters Sub 2.18' 3.00 7.00YP 5 Max WOB 36 Monel Collar 31.06' 3.25 7.88LCM (ppb) Max RPM 45 Monel Collar 28.20' 3.25 7.88Chlorides 179300 Max Torque 12 Drill Collar 28.06' 2.75 7.88% Solids 0.8 Max Pull 195 X-Over 3.43' 2.81 6.75Daily Losses Bkgrnd Gas 20 Drill Collar 185.80' 2.38 6.50Total Losses Max Gas 450 Drill Pipe 92.19' 2.75 4.50

Cnx Gas 2.60' 2.25 6.50Trip Gas 936.94' 2.50 4.50

Total Length: 1349.12

Bit InfoBit # Size Make Type S/N Jets In Out Footage Hrs ROP Grade

9 10.625 SECURITY MM65DM 12372154 6X20 8,110' 8,673' 563' 22.1 25.0 2-2-CT-N-I-X--PR

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-------

-------

Activity Summary (6:00am - 6:00am)From To Hours P / U Summary

6:00 11:00 5.00 Drilling

Driling 10.625" IntermediateF/ 8,450' - T/ 8,573'WOB=25-30ROT=35DIFF=150GPM=575 MWT=10.2ppg 32visCochise 2801= 350 Tubing / 800 casing

11:00 11:30 0.50 Planned Rig Service

11:30 17:30 6.00 Drilling

Drilling 10.625" Intermediate F/ 8,573' - T/ 8,673'WOB=34ROT=45DIFF=150GPM=550MWT= 10.3ppg 33vis

17:30 19:00 1.50 UnPlanned Circulate And Spot 300 bbl LCM pill in Annulus

19:00 1:30 6.50 UnPlannedTrip out hole F/ 8,673' T/surface

1:30 3:00 1.50 Planned Pull wear bushing and rig up to test BOP. Tester brought wrong test plug . Called in and got the right plug enroute .

3:00 6:00 3.00 UnPlanned Waiting on test plug.

Total Hours: 24

24 Hour Activity Summary:Drill ahead T/8673'. TOOH . Test BOP and prep for replacing the hydromatic.

24 Hour Plan Forward:Finish testing BOP. Replace hydromatic.

Safety FuelLast BOP Test Last BOP Drill Last Function Test Diesel Used 2,000 Diesel Recvd Diesel on Loc 6,411

Page 74: Well Name Daily Drilling Report

Daily Cost Report

Well Name: UTL 28-17-1H

Report Date: 11/09/2014

Daily Cost $66,548

Intangible Costs

Code Description Comments Daily Cum 830.010 Permits, Licenses, ect $3,000

830.020 Staking & Surveying $5,000

830.030 Road, Locations $71,807

830.035 Mobilization/Demobilization $172,500

830.040 Daywork Contract Basin 104 $20,000 $450,000

830.050 Mouse/Rathole/Conduct Pipe $28,300

830.055 Directional Drilling & Survey $7,200 $185,663

830.060 Bits, Tools, Stabalizers $14,750 $85,668

830.065 Fuel, Power $134,064

830.070 Equipment Rental $4,590 $169,544

830.075 Mud & Chemicals $13,710 $60,761

830.080 Mud Logging $1,319 $21,985

830.090 Core Analysis

830.095 Openhole Logging

830.100 Cement Services $64,650

830.110 Casing Crew & Equipment $16,780

830.120 Contract Labor SKT vac truck cleaning up around mud pits. $1,080 $44,682

830.160 Fishing Services $24,207

830.165 Drill Water $19,364

830.175 Supervision Jeff Staples , Tate Edeler $3,900 $147,400

830.185 Insurance $35,000

830.190 Legal $10,000

830.195 P&A/TA Costs

840.100 Cement Services (4-1/2" Liner)

Total Intangible $66,548 $1,750,374Tangible Costs

Code Description Comments Daily Cum 850.010 Conductor Casing - 13-3/8" $32,219

850.015 Surface Casing - 9-5/8"

850.120 Intermediate Casing - 7"

850.145 Wellhead Equipment $29,934

850.150 Float equipment, Centralizers & DVT

850.275 Tangible Contingency $282,010

860.030 Production Casing - 4-1/2"

860.035 Liner Hanger - 4-1/2"

Total Tangible $344,163Total Costs $66,548 $2,094,537

WellEz Information Management Ver4.21.14bg

Page 75: Well Name Daily Drilling Report

Daily Drilling ReportWell Name UTL 28-17-1H

Report Date 11/10/2014

Field University Lands Supervisor Jeff Staples Report No. 35Location Supervisor 2 Tate Edeler DFS 27County Ward Rig Phone Spud Date 10/14/2014Rig Name 104 Rig Email AFE $6,178,695.00

KB 22.5 Daily Footage Daily Cost $20,998.10

Depth (MD) 8,673 TVD at Bit 8,663 Cum. Cost $2,115,535.10

Estimated TD 21,100

Casing Data

Type Size Weight Grade Connection Top Bottom Shoe TestSurface 13-3/8 48.0 J55 8 Rnd STC 919' 10 ppg

Mud Properties Last Survey BHAType Brine Depth Inc Azi Component Length ID ODWeight 10.2 Drill Bit 1.50' 9.88FV 32 Motor 37.19' 8.04PV 3 Drilling Parameters Sub 2.18' 3.00 7.00YP 5 Max WOB 36 Monel Collar 31.06' 3.25 7.88LCM (ppb) Max RPM 45 Monel Collar 28.20' 3.25 7.88Chlorides 179300 Max Torque Drill Collar 28.06' 2.75 7.88% Solids 0.8 Max Pull X-Over 3.43' 2.81 6.75Daily Losses Bkgrnd Gas Drill Collar 185.80' 2.38 6.50Total Losses Max Gas Drill Pipe 92.19' 2.75 4.50

Cnx Gas 2.60' 2.25 6.50Trip Gas 936.94' 2.50 4.50

Total Length: 1349.15

Bit InfoBit # Size Make Type S/N Jets In Out Footage Hrs ROP Grade10 9.875 REED DSIH 716D A193947 6x16 8,673' -------

-------

-------

-------

Activity Summary (6:00am - 6:00am)From To Hours P / U Summary6:00 8:30 2.50 Planned Test BOP Choke/HCR/Blind Rams/Pipe Rams 5000 psi High 250 psi low.

8:30 9:30 1.00 Planned Set wear bushing and line up on the trip tank for continuous fill and monitor well.

9:30 11:30 2.00 Planned Slip and cut 84' drill line.

11:30 12:00 0.50 Planned Rig service.

12:00 6:00 18.00 UnPlannedBreak down hydromatic.Waiting on crane to pick hydromatic off the floor for repairs. Rig up crane for pick. Set hydromatic on the ground and perform repairs to the hydromatic .

Total Hours: 24

24 Hour Activity Summary:Test BOP. Slip and cut 84' of drill line. Break down hydromatic Rig up crane and pick hydromatic off the floor for repair.

24 Hour Plan Forward:Repair hydromatic and set in place on the draworks for bolt up. Function test hydro matic and prep for TIH.

Safety FuelLast BOP Test Last BOP Drill Last Function Test Diesel Used 168 Diesel Recvd Diesel on Loc 6,243

Page 76: Well Name Daily Drilling Report

Daily Cost Report

Well Name: UTL 28-17-1H

Report Date: 11/10/2014

Daily Cost $20,998

Intangible Costs

Code Description Comments Daily Cum 830.010 Permits, Licenses, ect $3,000

830.020 Staking & Surveying $5,000

830.030 Road, Locations $71,807

830.035 Mobilization/Demobilization $172,500

830.040 Daywork Contract NPT due too Repair of hydromatic and SCR. (CODE8) $5,000 $455,000

830.050 Mouse/Rathole/Conduct Pipe $28,300

830.055 Directional Drilling & Survey Standby $4,425 $190,088

830.060 Bits, Tools, Stabalizers $85,668

830.065 Fuel, Power $134,064

830.070 Equipment Rental $4,076 $173,620

830.075 Mud & Chemicals $125 $60,886

830.080 Mud Logging $1,319 $23,304

830.090 Core Analysis

830.095 Openhole Logging

830.100 Cement Services $64,650

830.110 Casing Crew & Equipment $16,780

830.120 Contract Labor MAN welding service. Test BOP $2,154 $46,836

830.160 Fishing Services $24,207

830.165 Drill Water $19,364

830.175 Supervision Jeff Staples , Tate Edeler $3,900 $151,300

830.185 Insurance $35,000

830.190 Legal $10,000

830.195 P&A/TA Costs

840.100 Cement Services (4-1/2" Liner)

Total Intangible $20,998 $1,771,372Tangible Costs

Code Description Comments Daily Cum 850.010 Conductor Casing - 13-3/8" $32,219

850.015 Surface Casing - 9-5/8"

850.120 Intermediate Casing - 7"

850.145 Wellhead Equipment $29,934

850.150 Float equipment, Centralizers & DVT

850.275 Tangible Contingency $282,010

860.030 Production Casing - 4-1/2"

860.035 Liner Hanger - 4-1/2"

Total Tangible $344,163Total Costs $20,998 $2,115,535

WellEz Information Management Ver4.21.14bg

Page 77: Well Name Daily Drilling Report

Daily Drilling ReportWell Name UTL 28-17-1H

Report Date 11/11/2014

Field University Lands Supervisor Jeff Staples Report No. 36Location Supervisor 2 Tate Edeler DFS 28County Ward Rig Phone Spud Date 10/14/2014Rig Name 104 Rig Email AFE $6,178,695.00

KB 22.5 Daily Footage 192 Daily Cost $62,610.22

Depth (MD) 8,865 TVD at Bit 8,854 Cum. Cost $2,186,894.91

Estimated TD 21,100

Casing Data

Type Size Weight Grade Connection Top Bottom Shoe TestSurface 13-3/8 48.0 J55 8 Rnd STC 919' 10 ppg

Mud Properties Last Survey BHAType Brine Depth Inc Azi Component Length ID ODWeight 10.1 8,799' 1.80º 189.20º Drill Bit 1.50' 9.88FV 38 Motor 37.19' 8.04PV 8 Drilling Parameters Sub 2.18' 3.00 7.00YP 9 Max WOB 36 Monel Collar 31.06' 3.25 7.88LCM (ppb) Max RPM 45 Monel Collar 28.20' 3.25 7.88Chlorides 165000 Max Torque Drill Collar 28.06' 2.75 7.88% Solids 2.6 Max Pull X-Over 3.43' 2.81 6.75Daily Losses Bkgrnd Gas Drill Collar 185.80' 2.38 6.50Total Losses Max Gas Drill Pipe 92.19' 2.75 4.50

Cnx Gas 2.60' 2.25 6.50Trip Gas 936.94' 2.50 4.50

Total Length: 1349.15

Bit InfoBit # Size Make Type S/N Jets In Out Footage Hrs ROP Grade10 9.875 REED DSIH 716D A193947 7x16 8,673' 8,865' 192' 11.0 17.0 -------

-------

-------

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Activity Summary (6:00am - 6:00am)From To Hours P / U Summary6:00 10:00 4.00 UnPlanned Re-install Hydromatic and function test. (CODE 8 )

10:00 12:00 2.00 Planned Make up BHA.

12:00 14:30 2.50 Planned TIH T/ 1441' and test tools. Troubleshoot transducer.

14:30 18:00 3.50 Planned Continue TIH T/ 8480'.

18:00 19:00 1.00 Planned Wash and ream F/8666' T/ 8673' feather to bottom cleaning up well bore.

19:00 6:00 11.00 Drilling

Drill/Slide F/ 8673' T/8865'.WOB- 15-35DIFF- 250-400GPM-400-600ROT-20-60SURVEY-8799'' TVD 8789' INC 1.8 AZM 189.2Lithology- 45% LS - 55% shaleCochise 2801= 850 on casing - 350 on tubing

Total Hours: 24

24 Hour Activity Summary:Finish repairs on the hydromatic. Pick up BHA and TIH T/ 8673' drill ahead in the intermediate section.

24 Hour Plan Forward:Drill ahead in the 9.875" intermediate section F/8866.

Safety FuelLast BOP Test Last BOP Drill Last Function Test Diesel Used 1,362 Diesel Recvd Diesel on Loc 4,881

Page 78: Well Name Daily Drilling Report

Daily Cost Report

Well Name: UTL 28-17-1H

Report Date: 11/11/2014

Daily Cost $62,610

Intangible Costs

Code Description Comments Daily Cum 830.010 Permits, Licenses, ect $3,000

830.020 Staking & Surveying $5,000

830.030 Road, Locations $71,807

830.035 Mobilization/Demobilization $172,500

830.040 Daywork Contract NPT due too Repair of hydromatic and SCR. (CODE8) $16,667 $480,416

830.050 Mouse/Rathole/Conduct Pipe $28,300

830.055 Directional Drilling & Survey Day rate Newsco. $9,200 $199,288

830.060 Bits, Tools, Stabalizers $85,668

830.065 Fuel, Power $134,064

830.070 Equipment Rental $3,365 $176,985

830.075 Mud & Chemicals $22,912 $83,798

830.080 Mud Logging $1,319 $24,622

830.090 Core Analysis

830.095 Openhole Logging

830.100 Cement Services $64,650

830.110 Casing Crew & Equipment $16,780

830.120 Contract Labor CWS welding remods and material JPE premix. $5,248 $52,084

830.160 Fishing Services $24,207

830.165 Drill Water $19,364

830.175 Supervision Jeff Staples , Tate Edeler $3,900 $155,200

830.185 Insurance $35,000

830.190 Legal $10,000

830.195 P&A/TA Costs

840.100 Cement Services (4-1/2" Liner)

Total Intangible $62,610 $1,842,732Tangible Costs

Code Description Comments Daily Cum 850.010 Conductor Casing - 13-3/8" $32,219

850.015 Surface Casing - 9-5/8"

850.120 Intermediate Casing - 7"

850.145 Wellhead Equipment $29,934

850.150 Float equipment, Centralizers & DVT

850.275 Tangible Contingency $282,010

860.030 Production Casing - 4-1/2"

860.035 Liner Hanger - 4-1/2"

Total Tangible $344,163Total Costs $62,610 $2,186,895

WellEz Information Management Ver4.21.14bg

Page 79: Well Name Daily Drilling Report

Daily Drilling ReportWell Name UTL 28-17-1H

Report Date 11/12/2014

Field University Lands Supervisor Jeff Staples Report No. 37Location Supervisor 2 Tate Edeler DFS 29County Ward Rig Phone Spud Date 10/14/2014Rig Name 104 Rig Email AFE $6,178,695.00

KB 22.5 Daily Footage 107 Daily Cost $74,440.19

Depth (MD) 8,972 TVD at Bit 8,963 Cum. Cost $2,273,418.43

Estimated TD 21,100

Casing Data

Type Size Weight Grade Connection Top Bottom Shoe TestSurface 13-3/8 48.0 J55 8 Rnd STC 919' 10 ppg

Mud Properties Last Survey BHAType Brine Depth Inc Azi Component Length ID ODWeight 9.9 Drill Bit 1.50' 9.88FV 36 Motor 37.19' 8.04PV 7 Drilling Parameters Sub 2.18' 3.00 7.00YP 8 Max WOB 36 Monel Collar 31.06' 3.25 7.88LCM (ppb) Max RPM 45 Monel Collar 28.20' 3.25 7.88Chlorides 162000 Max Torque 7900 Drill Collar 28.06' 2.75 7.88% Solids 1.1 Max Pull 190 X-Over 3.43' 2.81 6.75Daily Losses Bkgrnd Gas 11 Drill Collar 185.80' 2.38 6.50Total Losses Max Gas 11 Drill Pipe 92.19' 2.75 4.50

Cnx Gas 2.60' 2.25 6.50Trip Gas 936.94' 2.50 4.50

Total Length: 1349.15

Bit InfoBit # Size Make Type S/N Jets In Out Footage Hrs ROP Grade10 9.875 REED DSIH 716D A193947 7x16 8,673' 8,972' 299' 22.5 13.0 2-3-WT-S-I-X-CT-PR

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-------

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Activity Summary (6:00am - 6:00am)From To Hours P / U Summary

6:00 15:30 9.50 Drilling

Drilling 9.875" Intermediate F/ 8,865' - T/ 8,949'WOB=35ROT=30-40DIFF=330GPM=500MWT= 10ppg 36visCochise 2801- 850 casing - 350 tubing

15:30 16:00 0.50 Planned Rig Service

16:00 18:00 2.00 Drilling

Drilling 9.875" IntermediateF/8,949 - T/8,972'WOB=35ROT=30-40DIFF=350GPM=600MWT=10ppg 34vis

18:00 19:00 1.00 UnPlanned Circulate, Flow check- No FLow, Pump slug

19:00 23:30 4.50 UnPlanned Trip out hole for bit

23:30 1:30 2.00 UnPlannedChange out bit Inspect MWD, Surface test MWD

1:30 6:00 4.50 UnPlannedTrip In hole F/ Surface - T/8,024'

Total Hours: 24

24 Hour Activity Summary:Drill 9.875" Intermediate F/8,865' T/ 8,972', Trip out change out bit, Trip in hole to 8,024'

24 Hour Plan Forward:Continue trip in hole to bottom, Drill 9.875" Intermediate

Safety FuelLast BOP Test Last BOP Drill Last Function Test Diesel Used 1,950 Diesel Recvd 5,000 Diesel on Loc 7,931

Page 80: Well Name Daily Drilling Report

Daily Cost Report

Well Name: UTL 28-17-1H

Report Date: 11/12/2014

Daily Cost $74,440

Intangible Costs

Code Description Comments Daily Cum 830.010 Permits, Licenses, ect $3,000

830.020 Staking & Surveying $5,000

830.030 Road, Locations $71,807

830.035 Mobilization/Demobilization $172,500

830.040 Daywork Contract Day Rate Basin 104 $20,000 $512,500

830.050 Mouse/Rathole/Conduct Pipe $28,300

830.055 Directional Drilling & Survey Day rate Newsco. $7,200 $206,488

830.060 Bits, Tools, Stabalizers $12,000 $97,668

830.065 Fuel, Power Western Petroleum-rig fuel $17,836 $151,900

830.070 Equipment Rental $6,611 $183,595

830.071 Hot Shot Trucking SKT- Pole Truck/move premix 10/18/14- $2,015 $2,015

830.075 Mud & Chemicals $83,798

830.080 Mud Logging $1,319 $25,941

830.090 Core Analysis

830.095 Openhole Logging

830.100 Cement Services $64,650

830.110 Casing Crew & Equipment $16,780

830.120 Contract Labor $52,084

830.160 Fishing Services $24,207

830.165 Drill Water SKT- Fill Frac tanks for cementing 1000bbls $3,560 $22,924

830.175 Supervision Jeff Staples , Tate Edeler-Travel Day $3,900 $159,100

830.185 Insurance $35,000

830.190 Legal $10,000

830.195 P&A/TA Costs

840.100 Cement Services (4-1/2" Liner)

Total Intangible $74,440 $1,929,256Tangible Costs

Code Description Comments Daily Cum 850.010 Conductor Casing - 13-3/8" $32,219

850.015 Surface Casing - 9-5/8"

850.120 Intermediate Casing - 7"

850.145 Wellhead Equipment $29,934

850.150 Float equipment, Centralizers & DVT

850.275 Tangible Contingency $282,010

860.030 Production Casing - 4-1/2"

860.035 Liner Hanger - 4-1/2"

Total Tangible $344,163Total Costs $74,440 $2,273,418

WellEz Information Management Ver4.21.14bg

Page 81: Well Name Daily Drilling Report

Daily Drilling ReportWell Name UTL 28-17-1H

Report Date 11/13/2014

Field University Lands Supervisor Jeff Staples Report No. 38Location Supervisor 2 Major Roberts DFS 30County Ward Rig Phone Spud Date 10/14/2014Rig Name 104 Rig Email AFE $6,178,695.00

KB 22.5 Daily Footage 623 Daily Cost $36,549.54

Depth (MD) 9,595 TVD at Bit 9,584 Cum. Cost $2,309,967.97

Estimated TD 21,100

Casing Data

Type Size Weight Grade Connection Top Bottom Shoe TestSurface 13-3/8 48.0 J55 8 Rnd STC 919' 10 ppg

Mud Properties Last Survey BHAType Brine Depth Inc Azi Component Length ID ODWeight 9.9 9,456' 2.20º 113.40º Drill Bit 1.50' 9.88FV 35 Motor 37.19' 8.04PV 7 Drilling Parameters Sub 2.18' 3.00 7.00YP 8 Max WOB 32 Monel Collar 31.06' 3.25 7.88LCM (ppb) Max RPM 50 Monel Collar 28.20' 3.25 7.88Chlorides 162000 Max Torque 9000 Drill Collar 28.06' 2.75 7.88% Solids 1.1 Max Pull 195 X-Over 3.43' 2.81 6.75Daily Losses Bkgrnd Gas 20 Drill Collar 185.80' 2.38 6.50Total Losses Max Gas 20 Drill Pipe 92.19' 2.75 4.50

Cnx Gas 40 2.60' 2.25 6.50Trip Gas 936.94' 2.50 4.50

Total Length: 1349.15

Bit InfoBit # Size Make Type S/N Jets In Out Footage Hrs ROP Grade11 9.875 Security MM65D 12300997 6x20 8,972' 9,595' 623' 21.5 29.0 -------

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Activity Summary (6:00am - 6:00am)From To Hours P / U Summary

6:00 8:00 2.00 UnPlannedTrip in hole cont.Wash and Ream from 8,750' to Bottom

8:00 10:30 2.50 Drilling

Drilling 9.875" Intermediate F/8,972' - T/ 9,043'WOB=25ROT=35DIFF=140GPM=565MWT=9.9ppg 35visCochise 2801= 900 casing 300 tubing

10:30 11:00 0.50 Planned Rig Service

11:00 6:00 19.00 Drilling

Drilling 9.875" intermediate F/9,043' - T/9,595WOB=30ROT=50DIFF=150GPM=525MWT=9.9ppg 35visLithology= 25% shale, 75% limestone Survey @9,456' - 2.2inc 113.4 azmCochise 2801= 900 casing, 300 tubing

Total Hours: 24

24 Hour Activity Summary:Finish trip in hole, drill 9.875" intermediate from 8,972' to 9,595', Rig service

24 Hour Plan Forward:Drill 9.875" Intermediate

Safety FuelLast BOP Test Last BOP Drill Last Function Test Diesel Used 2,095 Diesel Recvd Diesel on Loc 5,836

Page 82: Well Name Daily Drilling Report

Daily Cost Report

Well Name: UTL 28-17-1H

Report Date: 11/13/2014

Daily Cost $36,550

Intangible Costs

Code Description Comments Daily Cum 830.010 Permits, Licenses, ect $3,000

830.020 Staking & Surveying $5,000

830.030 Road, Locations $71,807

830.035 Mobilization/Demobilization $172,500

830.040 Daywork Contract Day Rate Basin 104 $20,000 $532,500

830.050 Mouse/Rathole/Conduct Pipe $28,300

830.055 Directional Drilling & Survey Day rate Newsco. $7,200 $213,688

830.060 Bits, Tools, Stabalizers $97,668

830.065 Fuel, Power $151,900

830.070 Equipment Rental $3,437 $187,032

830.071 Hot Shot Trucking Tejas- Transport Joint to have sub backed out $354 $2,369

830.075 Mud & Chemicals $83,798

830.080 Mud Logging $1,319 $27,260

830.090 Core Analysis

830.095 Openhole Logging

830.100 Cement Services $64,650

830.110 Casing Crew & Equipment $16,780

830.120 Contract Labor $52,084

830.160 Fishing Services $24,207

830.165 Drill Water SKT- Fill Rig Water tank $340 $23,264

830.175 Supervision Jeff Staples , Major Roberts $3,900 $163,000

830.185 Insurance $35,000

830.190 Legal $10,000

830.195 P&A/TA Costs

840.100 Cement Services (4-1/2" Liner)

Total Intangible $36,550 $1,965,805Tangible Costs

Code Description Comments Daily Cum 850.010 Conductor Casing - 13-3/8" $32,219

850.015 Surface Casing - 9-5/8"

850.120 Intermediate Casing - 7"

850.145 Wellhead Equipment $29,934

850.150 Float equipment, Centralizers & DVT

850.275 Tangible Contingency $282,010

860.030 Production Casing - 4-1/2"

860.035 Liner Hanger - 4-1/2"

Total Tangible $344,163Total Costs $36,550 $2,309,968

WellEz Information Management Ver4.21.14bg

Page 83: Well Name Daily Drilling Report

Daily Drilling ReportWell Name UTL 28-17-1H

Report Date 11/14/2014

Field University Lands Supervisor Jeff Staples Report No. 39Location Supervisor 2 Major Roberts DFS 31County Ward Rig Phone Spud Date 10/14/2014Rig Name 104 Rig Email AFE $6,178,695.00

KB 22.5 Daily Footage 325 Daily Cost $39,135.26

Depth (MD) 9,920 TVD at Bit 9,910 Cum. Cost $2,349,103.23

Estimated TD 21,100

Casing Data

Type Size Weight Grade Connection Top Bottom Shoe TestSurface 13-3/8 48.0 J55 8 Rnd STC 919' 10 ppg

Mud Properties Last Survey BHAType Brine Depth Inc Azi Component Length ID ODWeight 10 9,832' 1.60º 70.20º Drill Bit 1.50' 9.88FV 35 Motor 37.19' 8.04PV 8 Drilling Parameters Sub 2.18' 3.00 7.00YP 7 Max WOB 35 Monel Collar 31.06' 3.25 7.88LCM (ppb) Max RPM 50 Monel Collar 28.20' 3.25 7.88Chlorides 170000 Max Torque 8000 Drill Collar 28.06' 2.75 7.88% Solids 1.4 Max Pull 195 X-Over 3.43' 2.81 6.75Daily Losses Bkgrnd Gas 50 Drill Collar 185.80' 2.38 6.50Total Losses Max Gas 121 Drill Pipe 92.19' 2.75 4.50

Cnx Gas 80 2.60' 2.25 6.50Trip Gas 936.94' 2.50 4.50

Total Length: 1349.15

Bit InfoBit # Size Make Type S/N Jets In Out Footage Hrs ROP Grade11 9.875 Security MM65D 12300997 6x20 8,972' 9,920' 948' 37.5 25.0 -------

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-------

-------

Activity Summary (6:00am - 6:00am)From To Hours P / U Summary

6:00 9:00 3.00 Drilling

Drilling 9.875" intermediateF/9595' T/9669'WOB=30 ROT=50DIFF=150GPM=530MWT=9.9ppg Vis=36Cochise 2801= 900 casing 300 tubing

9:00 10:00 1.00 UnPlannedTroubleshoot SCR (Power Limit issues)Code 8 NPT

10:00 11:00 1.00 Drilling

Drilling 9.875" IntermediateF/9669' T/9701'WOB=30ROT=50DIFF=170GPM=510MWT=9.9ppg Vis=36

11:00 11:30 0.50 Planned Rig Service

11:30 16:30 5.00 Drilling

Drill 9.875" IntermediateF/9701' T/9794'WOB=30ROT=50DIFF=155GPM=512MWT=9.9ppg Vis=36

16:30 23:00 6.50 UnPlannedTroubleshoot SCR, Power Limit and Voltage Regulator issuesCode 8 NPT

23:00 6:00 7.00 Drilling

Drilling 9.875" intermediateF/ 9,794' - T/9,920WOB=35ROT=50DIFF=180GPM=505MWT=10ppg 35vis 10phLithology=55 Dol, 20% shale, 75% LimestoneCochise 2801= 900 casing 300 tubing

Total Hours: 24

24 Hour Activity Summary:

Page 84: Well Name Daily Drilling Report

Drill 9.875" intermediate F/9,595' T/9,920', 7.5hrs Rig repair trouble shoot SCR, Rig Service

24 Hour Plan Forward:Drill 9.875" Intermediate

Safety FuelLast BOP Test 11/09/2014 Last BOP Drill 11/10/2014 Last Function Test Diesel Used 1,905 Diesel Recvd Diesel on Loc 3,931

Page 85: Well Name Daily Drilling Report

Daily Cost Report

Well Name: UTL 28-17-1H

Report Date: 11/14/2014

Daily Cost $39,135

Intangible Costs

Code Description Comments Daily Cum 830.010 Permits, Licenses, ect $3,000

830.020 Staking & Surveying $5,000

830.030 Road, Locations $71,807

830.035 Mobilization/Demobilization $172,500

830.040 Daywork Contract Day Rate Basin 104- 7.5hrs Code 8 NPT- SCR down $13,750 $546,250

830.050 Mouse/Rathole/Conduct Pipe $28,300

830.055 Directional Drilling & Survey Day rate Newsco. $5,500 $219,188

830.060 Bits, Tools, Stabalizers $97,668

830.065 Fuel, Power $151,900

830.070 Equipment Rental $3,638 $190,670

830.071 Hot Shot Trucking $2,369

830.075 Mud & Chemicals $10,732 $94,530

830.080 Mud Logging $1,319 $28,578

830.090 Core Analysis

830.095 Openhole Logging

830.100 Cement Services $64,650

830.110 Casing Crew & Equipment $16,780

830.120 Contract Labor $52,084

830.160 Fishing Services $24,207

830.165 Drill Water SKT- suck out rig day tank and refil fresh $297 $23,561

830.175 Supervision Jeff Staples , Major Roberts $3,900 $166,900

830.185 Insurance $35,000

830.190 Legal $10,000

830.195 P&A/TA Costs

840.100 Cement Services (4-1/2" Liner)

Total Intangible $39,135 $2,004,940Tangible Costs

Code Description Comments Daily Cum 850.010 Conductor Casing - 13-3/8" $32,219

850.015 Surface Casing - 9-5/8"

850.120 Intermediate Casing - 7"

850.145 Wellhead Equipment $29,934

850.150 Float equipment, Centralizers & DVT

850.275 Tangible Contingency $282,010

860.030 Production Casing - 4-1/2"

860.035 Liner Hanger - 4-1/2"

Total Tangible $344,163Total Costs $39,135 $2,349,103

WellEz Information Management Ver4.21.14bg

Page 86: Well Name Daily Drilling Report

Daily Drilling ReportWell Name UTL 28-17-1H

Report Date 11/15/2014

Field University Lands Supervisor Jeff Staples Report No. 40Location Supervisor 2 Major Roberts DFS 32County Ward Rig Phone Spud Date 10/14/2014Rig Name 104 Rig Email AFE $6,178,695.00

KB 22.5 Daily Footage 195 Daily Cost $58,787.17

Depth (MD) 10,115 TVD at Bit 10,105 Cum. Cost $2,407,890.40

Estimated TD 21,100

Casing Data

Type Size Weight Grade Connection Top Bottom Shoe TestSurface 13-3/8 48.0 J55 8 Rnd STC 919' 10 ppg

Mud Properties Last Survey BHAType Brine Depth Inc Azi Component Length ID ODWeight 10 10,019' 2.40º 42.40º Drill Bit 1.50' 9.88FV 36 Motor 27.94' 8.03PV 8 Drilling Parameters Sub 2.18' 3.00 7.00YP 7 Max WOB 25 Monel Collar 31.06' 3.25 7.88LCM (ppb) Max RPM 60 Monel Collar 28.20' 3.25 7.88Chlorides 170000 Max Torque 8000 Drill Collar 28.06' 2.75 7.88% Solids 1.4 Max Pull 205 X-Over 3.43' 2.81 6.75Daily Losses Bkgrnd Gas 35 Drill Collar 185.80' 2.38 6.50Total Losses Max Gas 120 Drill Pipe 92.19' 2.75 4.50

Cnx Gas 80 2.60' 2.25 6.50Trip Gas 35 936.94' 2.50 4.50

Total Length: 1339.90

Bit InfoBit # Size Make Type S/N Jets In Out Footage Hrs ROP Grade12 9.875 Security FX65DM 11566332 6x20 9,920' 10,115' 195' 6.0 33.0 -------

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Activity Summary (6:00am - 6:00am)From To Hours P / U Summary6:00 7:30 1.50 UnPlanned Circulate, Build slug, and fill trip tank

7:30 16:00 8.50 UnPlanned Trip out of hole for bit trip

16:00 16:30 0.50 Planned Rig Service

16:30 18:30 2.00 UnPlanned Break bit, lay down mud motor, make up mud motor and new bit,

18:30 0:00 5.50 UnPlannedTrip in hole F/surface T/9790'Wash and Ream F/9790' T/9920'

0:00 6:00 6.00 Drilling

Drilling 9.875" IntermediateF/9920' T/10115'WOB=25ROT=60DIFF=330GPM=521MWT10ppg Vis=35 PH=10Lithology=20% Shale, 80% LimestoneCochise 2801= 900 casing- 300 tubing

Total Hours: 24

24 Hour Activity Summary:Tripped out of hole for bit, Changed out mud motor and bit, Tripped back in hole, Drilled F/9920' T/10115'

24 Hour Plan Forward:Drilling 9.875 Intermediate

Safety FuelLast BOP Test 11/09/2014 Last BOP Drill 11/10/2014 Last Function Test Diesel Used 1,430 Diesel Recvd Diesel on Loc 2,501

Page 87: Well Name Daily Drilling Report

Daily Cost Report

Well Name: UTL 28-17-1H

Report Date: 11/15/2014

Daily Cost $58,787

Intangible Costs

Code Description Comments Daily Cum 830.010 Permits, Licenses, ect $3,000

830.020 Staking & Surveying $5,000

830.030 Road, Locations $71,807

830.035 Mobilization/Demobilization $172,500

830.040 Daywork Contract Day Rate Basin 104- $20,000 $566,250

830.050 Mouse/Rathole/Conduct Pipe $28,300

830.055 Directional Drilling & Survey Day rate Newsco. $11,250 $230,438

830.060 Bits, Tools, Stabalizers $13,500 $111,168

830.065 Fuel, Power $151,900

830.070 Equipment Rental $7,983 $198,653

830.071 Hot Shot Trucking Tejas- Deliver Float equipmet and Mud Motor $836 $3,205

830.075 Mud & Chemicals $94,530

830.080 Mud Logging $1,319 $29,897

830.090 Core Analysis

830.095 Openhole Logging

830.100 Cement Services $64,650

830.110 Casing Crew & Equipment $16,780

830.120 Contract Labor $52,084

830.160 Fishing Services $24,207

830.165 Drill Water $23,561

830.175 Supervision Jeff Staples , Major Roberts $3,900 $170,800

830.185 Insurance $35,000

830.190 Legal $10,000

830.195 P&A/TA Costs

840.100 Cement Services (4-1/2" Liner)

Total Intangible $58,787 $2,063,728Tangible Costs

Code Description Comments Daily Cum 850.010 Conductor Casing - 13-3/8" $32,219

850.015 Surface Casing - 9-5/8"

850.120 Intermediate Casing - 7"

850.145 Wellhead Equipment $29,934

850.150 Float equipment, Centralizers & DVT

850.275 Tangible Contingency $282,010

860.030 Production Casing - 4-1/2"

860.035 Liner Hanger - 4-1/2"

Total Tangible $344,163Total Costs $58,787 $2,407,890

WellEz Information Management Ver4.21.14bg

Page 88: Well Name Daily Drilling Report

Daily Drilling ReportWell Name UTL 28-17-1H

Report Date 11/16/2014

Field University Lands Supervisor Jeff Staples Report No. 41Location Supervisor 2 Major Roberts DFS 33County Ward Rig Phone Spud Date 10/14/2014Rig Name 104 Rig Email AFE $6,178,695.00

KB 22.5 Daily Footage 535 Daily Cost $62,960.44

Depth (MD) 10,650 TVD at Bit 10,640 Cum. Cost $2,470,850.84

Estimated TD 21,100

Casing Data

Type Size Weight Grade Connection Top Bottom Shoe TestSurface 13-3/8 48.0 J55 8 Rnd STC 919' 10 ppg

Mud Properties Last Survey BHAType Brine Depth Inc Azi Component Length ID ODWeight 10.1 10,584' 1.50º 312.80º Drill Bit 1.50' 9.88FV 35 Motor 27.94' 8.03PV 8 Drilling Parameters Sub 2.18' 3.00 7.00YP 7 Max WOB 30 Monel Collar 31.06' 3.25 7.88LCM (ppb) Max RPM 52 Monel Collar 28.20' 3.25 7.88Chlorides 171000 Max Torque 9000 Drill Collar 28.06' 2.75 7.88% Solids 1.8 Max Pull 215 X-Over 3.43' 2.81 6.75Daily Losses Bkgrnd Gas 85 Drill Collar 185.80' 2.38 6.50Total Losses Max Gas 264 Drill Pipe 92.19' 2.75 4.50

Cnx Gas 180 2.60' 2.25 6.50Trip Gas 936.94' 2.50 4.50

Total Length: 1339.90

Bit InfoBit # Size Make Type S/N Jets In Out Footage Hrs ROP Grade12 9.875 Security FX65DM 11566332 6x20 9,920' 10,650' 730' 28.0 26.0 -------

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Activity Summary (6:00am - 6:00am)From To Hours P / U Summary

6:00 10:00 4.00 Drilling

Drilling 9.875" IntermediateF/10115' T/10254'WOB=25ROT=51DIFF=300GPM=525MWT=10 VIS=35 PH=10COCHISE 2801-980 Casing 300 Tubing

10:00 10:30 0.50 Planned Rig Service

10:30 11:00 0.50 UnPlannedTroubleshoot SCRCode 8 NPT

11:00 16:30 5.50 Drilling

Drilling 9.875" IntermediateF/10254' T/10375'WOB=26ROT=38DIFF=174GPM=555MWT=10 VIS=37 PH=10Cochise 2801-980 Casing 300 Tubing

16:30 17:00 0.50 UnPlannedTroubleshoot SCRCode 8 NPT

17:00 3:30 10.50 Drilling

Drilling 9.875" IntermediateF/10375' T/10597'WOB=30ROT=48DIFF=70GPM=535MWT=10 VIS=35 PH=10LITHOLOGY 75% Limestone, 25% ShaleCochise 2801-980 Casing 300 Tubing

3:30 4:00 0.50 UnPlanned

Both pumps down#1 suction screens packed off with LCM#2 stand pipe gauge at pump leakingCode 8 NPT

4:00 6:00 2.00 Drilling

Drilling 9.875" IntermediateF/10597' T/10650'WOB=30ROT=47DIFF=185GPM=555MWT=10 VIS=36 PH=10

Page 89: Well Name Daily Drilling Report

Total Hours: 24

24 Hour Activity Summary:Drilling 9.875" Intermediate, Code 8 NPT for mud pumps, rig service

24 Hour Plan Forward:Trip out of hole to pick up curve assembly

Safety FuelLast BOP Test 11/09/2014 Last BOP Drill 11/15/2014 Last Function Test Diesel Used 2,460 Diesel Recvd 7,000 Diesel on Loc 7,041

Page 90: Well Name Daily Drilling Report

Daily Cost Report

Well Name: UTL 28-17-1H

Report Date: 11/16/2014

Daily Cost $62,960

Intangible Costs

Code Description Comments Daily Cum 830.010 Permits, Licenses, ect $3,000

830.020 Staking & Surveying $5,000

830.030 Road, Locations $71,807

830.035 Mobilization/Demobilization $172,500

830.040 Daywork Contract Day Rate Basin 104-1.5 HR of Code 8 NPT (SCR Down) $18,750 $585,000

830.050 Mouse/Rathole/Conduct Pipe $28,300

830.055 Directional Drilling & Survey Day rate Newsco. $5,500 $235,938

830.060 Bits, Tools, Stabalizers $111,168

830.065 Fuel, Power 7000 Gals. rig fuel $25,209 $177,109

830.070 Equipment Rental $4,214 $202,867

830.071 Hot Shot Trucking $3,205

830.075 Mud & Chemicals $4,069 $98,599

830.080 Mud Logging $1,319 $31,215

830.090 Core Analysis

830.095 Openhole Logging

830.100 Cement Services $64,650

830.110 Casing Crew & Equipment $16,780

830.120 Contract Labor $52,084

830.160 Fishing Services $24,207

830.165 Drill Water $23,561

830.175 Supervision Jeff Staples , Major Roberts $3,900 $174,700

830.185 Insurance $35,000

830.190 Legal $10,000

830.195 P&A/TA Costs

840.100 Cement Services (4-1/2" Liner)

Total Intangible $62,960 $2,126,688Tangible Costs

Code Description Comments Daily Cum 850.010 Conductor Casing - 13-3/8" $32,219

850.015 Surface Casing - 9-5/8"

850.120 Intermediate Casing - 7"

850.145 Wellhead Equipment $29,934

850.150 Float equipment, Centralizers & DVT

850.275 Tangible Contingency $282,010

860.030 Production Casing - 4-1/2"

860.035 Liner Hanger - 4-1/2"

Total Tangible $344,163Total Costs $62,960 $2,470,851

WellEz Information Management Ver4.21.14bg

Page 91: Well Name Daily Drilling Report

Daily Drilling ReportWell Name UTL 28-17-1H

Report Date 11/17/2014

Field University Lands Supervisor Jeff Staples Report No. 42Location Supervisor 2 Major Roberts DFS 34County Ward Rig Phone Spud Date 10/14/2014Rig Name 104 Rig Email AFE $6,178,695.00

KB 22.5 Daily Footage 65 Daily Cost $58,738.24

Depth (MD) 10,715 TVD at Bit 10,705 Cum. Cost $2,529,589.08

Estimated TD 21,100

Casing Data

Type Size Weight Grade Connection Top Bottom Shoe TestSurface 13-3/8 48.0 J55 8 Rnd STC 919' 10 ppg

Mud Properties Last Survey BHAType Brine Depth Inc Azi Component Length ID ODWeight 10 10,667' 2.00º 282.80º Drill Bit 1.50' 9.88FV 35 Motor 31.27' 8.03PV 8 Drilling Parameters Sub 2.18' 3.00 7.97YP 7 Max WOB 30 Monel Collar 28.57' 2.88 7.90LCM (ppb) Max RPM 52 Monel Collar 28.20' 3.25 7.88Chlorides 179250 Max Torque 9000 X-Over 3.43' 2.81 6.75% Solids 0.8 Max Pull 215 Drill Pipe 567.59' 3.83 4.50Daily Losses Bkgrnd Gas 68 Drill Pipe 368.70' 2.75 4.50Total Losses Max Gas 90 X-Over 2.60' 2.25 6.50

Cnx Gas 180 Drill Pipe 936.94' 2.50 4.50Trip Gas 80

Total Length: 1970.98

Bit InfoBit # Size Make Type S/N Jets In Out Footage Hrs ROP Grade13 9.875 Security MMD55DM 12335891 7x16 10,715' -------

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Activity Summary (6:00am - 6:00am)From To Hours P / U Summary

6:00 9:30 3.50 Drilling

Drilling 9.875 IntermediateF/10650' T/10715'WOB=32ROT=48DIFF=132GPM=536MWT=10 VIS=35 PH=10

9:30 18:00 8.50 Planned Trip out of hole to pick up curve assembly, Lay down collars and mud motor

18:00 21:00 3.00 Planned Pick up new mud motor, Dial motor to 1.83, scribe motor, and make up bit

21:00 23:30 2.50 Planned Trip in hole T/1015', picking up push pipe and HWDP

23:30 1:00 1.50 Planned Slip & Cut Drill Line

1:00 2:00 1.00 PlannedTrip in hole filling pipe every 30 standsF1015' T/2062'

2:00 3:00 1.00 Planned Test MWD tool & swap out elevators for 4" Drill Pipe

3:00 6:00 3.00 Planned

Trip in hole filling pipe every 30 StandsF/2062' T/7630'COCHISE 2801 980 CASING 300 TUBING

Total Hours: 24

24 Hour Activity Summary:Drill to KOP (10715'), Trip out & Pick up curve assembly, slip & cut drill line, Trip back to bottom

24 Hour Plan Forward:FINISH TRIP IN HOLE, Drill 9.875" curve

Safety FuelLast BOP Test 11/09/2014 Last BOP Drill 11/16/2014 Last Function Test Diesel Used 1,477 Diesel Recvd Diesel on Loc 5,564

Page 92: Well Name Daily Drilling Report

Daily Cost Report

Well Name: UTL 28-17-1H

Report Date: 11/17/2014

Daily Cost $58,738

Intangible Costs

Code Description Comments Daily Cum 830.010 Permits, Licenses, ect $3,000

830.020 Staking & Surveying $5,000

830.030 Road, Locations $71,807

830.035 Mobilization/Demobilization $172,500

830.040 Daywork Contract Day Rate Basin 104- $20,000 $605,000

830.050 Mouse/Rathole/Conduct Pipe $28,300

830.055 Directional Drilling & Survey Day rate Newsco. $10,410 $246,348

830.060 Bits, Tools, Stabalizers $13,500 $124,668

830.065 Fuel, Power $177,109

830.070 Equipment Rental $3,667 $206,534

830.071 Hot Shot Trucking $3,205

830.075 Mud & Chemicals $1,463 $100,062

830.080 Mud Logging $1,319 $32,534

830.090 Core Analysis

830.095 Openhole Logging

830.100 Cement Services $64,650

830.110 Casing Crew & Equipment $16,780

830.120 Contract Labor Clean & Drift Casing, Forklift rental for casing $4,480 $56,564

830.160 Fishing Services $24,207

830.165 Drill Water $23,561

830.175 Supervision Jeff Staples , Major Roberts $3,900 $178,600

830.185 Insurance $35,000

830.190 Legal $10,000

830.195 P&A/TA Costs

840.100 Cement Services (4-1/2" Liner)

Total Intangible $58,738 $2,185,426Tangible Costs

Code Description Comments Daily Cum 850.010 Conductor Casing - 13-3/8" $32,219

850.015 Surface Casing - 9-5/8"

850.120 Intermediate Casing - 7"

850.145 Wellhead Equipment $29,934

850.150 Float equipment, Centralizers & DVT

850.275 Tangible Contingency $282,010

860.030 Production Casing - 4-1/2"

860.035 Liner Hanger - 4-1/2"

Total Tangible $344,163Total Costs $58,738 $2,529,589

WellEz Information Management Ver4.21.14bg

Page 93: Well Name Daily Drilling Report

Daily Drilling ReportWell Name UTL 28-17-1H

Report Date 11/18/2014

Field University Lands Supervisor Jeff Staples Report No. 43Location Supervisor 2 Major Roberts DFS 35County Ward Rig Phone Spud Date 10/14/2014Rig Name 104 Rig Email AFE $6,178,695.00

KB 22.5 Daily Footage Daily Cost $37,955.54

Depth (MD) 10,715 TVD at Bit 10,705 Cum. Cost $2,567,544.62

Estimated TD 21,100

Casing Data

Type Size Weight Grade Connection Top Bottom Shoe TestSurface 13-3/8 48.0 J55 8 Rnd STC 919' 10 ppg

Mud Properties Last Survey BHAType Brine Depth Inc Azi Component Length ID ODWeight 10 Drill Bit 1.50' 9.88FV 36 Motor 31.27' 8.03PV 8 Drilling Parameters Sub 2.18' 3.00 7.97YP 7 Max WOB Monel Collar 28.57' 2.88 7.90LCM (ppb) Max RPM Monel Collar 28.20' 3.25 7.88Chlorides 179250 Max Torque 20000 X-Over 3.43' 2.81 6.75% Solids 0.8 Max Pull 360 Drill Pipe 567.59' 3.83 4.50Daily Losses Bkgrnd Gas Drill Pipe 368.70' 2.75 4.50Total Losses Max Gas X-Over 2.60' 2.25 6.50

Cnx Gas Drill Pipe 936.94' 2.50 4.50Trip Gas

Total Length: 1970.98

Bit InfoBit # Size Make Type S/N Jets In Out Footage Hrs ROP Grade13 9.875 Security MMD55DM 12335891 7x16 10,715' -------

-------

-------

-------

Activity Summary (6:00am - 6:00am)From To Hours P / U Summary

6:00 9:30 3.50 Planned

Trip in hole w/curve assembly from 7,505' to 10,400'.

upon observing minor drag, decide to wash down from 10,400' to 10,710'.

Obtain toolface and circulate to bottom.

Lose circulation and become packed off while circulating at 535 gpm.

9:30 21:30 12.00 UnPlanned

Lost the ability to rotate immediately after packing off.Worked pipe down with 18k ft-lbs torque from the neutral weight (210K-lbs) to 70k (140k set down) and back to neutral.

21:30 23:30 2.00 UnPlanned Released torque and pulled straight at 100K-lbs overpull (310K-lbs) with less than 1 ft gained.

23:30 1:00 1.50 UnPlanned

Worked pipe downward with 150K-lbs slack-off & 18k ft-lbs of torque for 10-20 attempts and then worked pipe upward with no torque to 100K-lbs overpull for 10-20 attempts; repeating process while increasing overpull by 10K-lbs per cycle until 360K-lbs (150K-lbs OP). Minimal gain of 6 inches

Max Pick up wt=360 (90% of premium 4" S-135)Max Overpull=150Max Torque=18,000 (max torque on 4" FH connection)Max weight Slacked off =150

1:00 3:00 2.00 UnPlanned

Pipe recovery unit arrived. Break stand in rotary down to single jt in preparation for pipe recovery unit.

Prepping surface equipment to recover MWD via wireline.

ETA on Fisherman is 08:00.

3:00 6:00 3.00 UnPlanned

Increased torque to 20K ft-lbs (equaled 20-1/2 wraps) and worked downward with 150K-lbs slacked off.

Began adding 4 wraps at a time and working down into string until 20K ft-lbs of torque was reached. Was able to gain 2-1/4 wraps at surface (22-3/4). Overpulling 100K-lbs inbetween cycles of inducing torque downward.

Total Hours: 24

24 Hour Activity Summary:Finish trip w/curve assembly, and work stuck pipe

24 Hour Plan Forward:Work stuck pipe & free string

Safety FuelLast BOP Test 11/09/2014 Last BOP Drill 11/16/2014 Last Function Test Diesel Used 683 Diesel Recvd Diesel on Loc 4,881

Page 94: Well Name Daily Drilling Report

Daily Cost Report

Well Name: UTL 28-17-1H

Report Date: 11/18/2014

Daily Cost $37,956

Intangible Costs

Code Description Comments Daily Cum 830.010 Permits, Licenses, ect $3,000

830.020 Staking & Surveying $5,000

830.030 Road, Locations $71,807

830.035 Mobilization/Demobilization $172,500

830.040 Daywork Contract Day Rate Basin 104- $20,000 $625,000

830.050 Mouse/Rathole/Conduct Pipe $28,300

830.055 Directional Drilling & Survey Day rate Newsco. $7,950 $254,298

830.060 Bits, Tools, Stabalizers $124,668

830.065 Fuel, Power $177,109

830.070 Equipment Rental $3,667 $210,201

830.071 Hot Shot Trucking $3,205

830.075 Mud & Chemicals $100,062

830.080 Mud Logging $1,319 $33,852

830.090 Core Analysis

830.095 Openhole Logging

830.100 Cement Services $64,650

830.110 Casing Crew & Equipment $16,780

830.120 Contract Labor $56,564

830.160 Fishing Services $24,207

830.165 Drill Water $1,120 $24,681

830.175 Supervision Jeff Staples , Major Roberts $3,900 $182,500

830.185 Insurance $35,000

830.190 Legal $10,000

830.195 P&A/TA Costs

840.100 Cement Services (4-1/2" Liner)

Total Intangible $37,956 $2,223,382Tangible Costs

Code Description Comments Daily Cum 850.010 Conductor Casing - 13-3/8" $32,219

850.015 Surface Casing - 9-5/8"

850.120 Intermediate Casing - 7"

850.145 Wellhead Equipment $29,934

850.150 Float equipment, Centralizers & DVT

850.275 Tangible Contingency $282,010

860.030 Production Casing - 4-1/2"

860.035 Liner Hanger - 4-1/2"

Total Tangible $344,163Total Costs $37,956 $2,567,545

WellEz Information Management Ver4.21.14bg

Page 95: Well Name Daily Drilling Report

Daily Drilling ReportWell Name UTL 28-17-1H

Report Date 11/19/2014

Field University Lands Supervisor Jeff Staples Report No. 44Location Supervisor 2 Major Roberts DFS 36County Ward Rig Phone Spud Date 10/14/2014Rig Name 104 Rig Email AFE $6,178,695.00

KB 22.5 Daily Footage Daily Cost $50,603.63

Depth (MD) 10,715 TVD at Bit 10,705 Cum. Cost $2,618,148.25

Estimated TD 21,100

Casing Data

Type Size Weight Grade Connection Top Bottom Shoe TestSurface 13-3/8 48.0 J55 8 Rnd STC 919' 10 ppg

Mud Properties Last Survey BHAType Brine Depth Inc Azi Component Length ID ODWeight 10 Drill Bit 1.50' 9.88FV 35 Motor 31.27' 8.03PV 8 Drilling Parameters Sub 2.18' 3.00 7.97YP 7 Max WOB Monel Collar 28.57' 2.88 7.90LCM (ppb) Max RPM Monel Collar 28.20' 3.25 7.88Chlorides 179250 Max Torque X-Over 3.43' 2.81 6.75% Solids 0.8 Max Pull Drill Pipe 567.59' 3.83 4.50Daily Losses Bkgrnd Gas Drill Pipe 368.70' 2.75 4.50Total Losses Max Gas X-Over 2.60' 2.25 6.50

Cnx Gas Drill Pipe 936.94' 2.50 4.50Trip Gas

Total Length: 1970.98

Bit InfoBit # Size Make Type S/N Jets In Out Footage Hrs ROP Grade13 9.875 Security MMD55DM 12335891 7x16 10,715' -------

-------

-------

-------

Activity Summary (6:00am - 6:00am)From To Hours P / U Summary

6:00 7:30 1.50 UnPlanned

Continue working stuck pipe Working torque down hole 4 wraps at a time until 20K ft-lbs or torque was reached ( 21 wraps) with 140K lbs slacked off, Over pulling 100K lbs between cycles

7:30 10:30 3.00 UnPlanned

Repair Rig weld up crack on hydromaticCode 8 NPT

10:30 12:30 2.00 UnPlanned

Continue Working stuck pipe Working torque down hole 4 wraps at a time until 20k ft lbs torque reached, Releasing torque and over pulling between intervals, Max Pull=360k fl lbs

12:30 18:00 5.50 UnPlannedR/U Wireline truck to retrieve MWD tool3 unsuccessful attempts, 3rd time pulled out of hole and changed out overshot tool

18:00 18:30 0.50 UnPlannedPumped 120 bbls of clean brine water down string to flush LCM off top of MWD toolPumped 30 spm @ 1480 psi

18:30 20:30 2.00 UnPlanned Ran in hole with new overshot on wireline to retrieve MWD tool, Retrieval was successful

20:30 22:30 2.00 UnPlanned

Continue working stuck pipe Working torque down hole 4 wraps at a time until 14K ft-lbs or torque was reached with 140K lbs slacked off, Releasing torque and pulling up to 400k, Starting @ 360k pull and increasing 20k with each pull until reached Max pull of 400k and going back to neutral of 210k each time

22:30 1:00 2.50 UnPlanned

Continue working stuck pipeWorking torque down hole 4 wraps at a time until 14k ft lbs torque reached, Leaving torque and over pulling 150k between intervals, Max Pull=380k fl lbs

1:00 3:00 2.00 UnPlanned

R/U wireline for FreepointRun in the hole to 7000' and test Freepoint toolTest Failed, Pull wireline back out of hole to change out tool

3:00 4:00 1.00 UnPlanned

Changed out tool and ran surface testTest GoodFound some bad wireline cableCutting off bad wireline cableRe-test @ surface

4:00 4:30 0.50 UnPlanned

Run Freepoint @7850' w/7wraps 80% free7882' w/7wraps 50% free7910' w/7 wraps 30% free8011' w/ 7 wraps 0% free (100% stuck)Stuck @ 7900', first free tool joint is @ 7850'

4:30 6:00 1.50 UnPlanned Pull Freepoint tool prepare charge, Run back in hole and Back-off drill string @ 7850' hook load 150k ft lbs backed off

Total Hours: 24

24 Hour Activity Summary:Work on stuck pipe, retrieved MWD tool, Ran Freepoint

24 Hour Plan Forward:Back-off drill string @ 7850', Put downhole jars on & work on stuck pipe

Page 96: Well Name Daily Drilling Report

Safety FuelLast BOP Test 11/09/2014 Last BOP Drill 11/16/2014 Last Function Test Diesel Used 1,604 Diesel Recvd 3,500 Diesel on Loc 6,777

Page 97: Well Name Daily Drilling Report

Daily Cost Report

Well Name: UTL 28-17-1H

Report Date: 11/19/2014

Daily Cost $50,604

Intangible Costs

Code Description Comments Daily Cum 830.010 Permits, Licenses, ect $3,000

830.020 Staking & Surveying $5,000

830.030 Road, Locations $71,807

830.035 Mobilization/Demobilization $172,500

830.040 Daywork Contract Day Rate Basin 104-3 hrs Code 8 Hydromatic Repairs $17,500 $642,500

830.050 Mouse/Rathole/Conduct Pipe $28,300

830.055 Directional Drilling & Survey Day rate Newsco. $7,950 $262,248

830.060 Bits, Tools, Stabalizers $124,668

830.065 Fuel, Power $12,533 $189,642

830.070 Equipment Rental $3,667 $213,868

830.071 Hot Shot Trucking McKenzie Transportation delivery of fishing tools $1,410 $4,615

830.075 Mud & Chemicals $100,062

830.080 Mud Logging $1,319 $35,171

830.090 Core Analysis

830.095 Openhole Logging

830.100 Cement Services $64,650

830.110 Casing Crew & Equipment 9 5/8 casing shoe & float collar $1,845 $18,625

830.120 Contract Labor $56,564

830.160 Fishing Services $24,207

830.165 Drill Water Rig Water $480 $25,161

830.175 Supervision Jeff Staples , Major Roberts $3,900 $186,400

830.185 Insurance $35,000

830.190 Legal $10,000

830.195 P&A/TA Costs

840.100 Cement Services (4-1/2" Liner)

Total Intangible $50,604 $2,273,985Tangible Costs

Code Description Comments Daily Cum 850.010 Conductor Casing - 13-3/8" $32,219

850.015 Surface Casing - 9-5/8"

850.120 Intermediate Casing - 7"

850.145 Wellhead Equipment $29,934

850.150 Float equipment, Centralizers & DVT

850.275 Tangible Contingency $282,010

860.030 Production Casing - 4-1/2"

860.035 Liner Hanger - 4-1/2"

Total Tangible $344,163Total Costs $50,604 $2,618,148

WellEz Information Management Ver4.21.14bg

Page 98: Well Name Daily Drilling Report

Daily Drilling ReportWell Name UTL 28-17-1H

Report Date 11/20/2014

Field University Lands Supervisor Jeff Staples Report No. 45Location Supervisor 2 Major Roberts DFS 37County Ward Rig Phone Spud Date 10/14/2014Rig Name 104 Rig Email AFE $6,178,695.00

KB 22.5 Daily Footage Daily Cost $43,164.50

Depth (MD) 10,715 TVD at Bit 10,705 Cum. Cost $2,661,312.75

Estimated TD 21,100

Casing Data

Type Size Weight Grade Connection Top Bottom Shoe TestSurface 13-3/8 48.0 J55 8 Rnd STC 919' 10 ppg

Mud Properties Last Survey BHAType Brine Depth Inc Azi Component Length ID ODWeight 10 Drill Bit 1.50' 9.88FV 36 Motor 31.27' 8.03PV 9 Drilling Parameters Sub 2.18' 3.00 7.97YP 12 Max WOB Monel Collar 28.57' 2.88 7.90LCM (ppb) Max RPM Monel Collar 28.20' 3.25 7.88Chlorides 186500 Max Torque X-Over 3.43' 2.81 6.75% Solids 0.3 Max Pull Drill Pipe 567.59' 3.83 4.50Daily Losses Bkgrnd Gas Drill Pipe 368.70' 2.75 4.50Total Losses Max Gas X-Over 2.60' 2.25 6.50

Cnx Gas Drill Pipe 936.94' 2.50 4.50Trip Gas

Total Length: 1970.98

Bit InfoBit # Size Make Type S/N Jets In Out Footage Hrs ROP Grade13 9.875 Security MMD55DM 12335891 7x16 10,715' -------

-------

-------

-------

Activity Summary (6:00am - 6:00am)From To Hours P / U Summary6:00 6:30 0.50 UnPlanned R/D Freepoint Truck (Dialog)

6:30 12:30 6.00 UnPlanned TOOH 83 Stds & a double 7851.33'

12:30 13:00 0.50 UnPlanned Service Rig

13:00 15:00 2.00 UnPlanned Change out saver sub & Pre-Jar Derrick Inspection

15:00 16:00 1.00 UnPlannedChange out hose on Top DriveCode 8 NPT

16:00 20:00 4.00 UnPlanned Strap and P/U Fishing BHA

20:00 22:30 2.50 UnPlanned P/U & Break down first 6 stds & clean out fill from shoot off u-tubing back up drill string

22:30 2:00 3.50 UnPlanned Trip hole with Fishing Assembly T/6961'

2:00 6:00 4.00 UnPlanned

Trouble shoot HydromaticWaiting on Spencer-Harris TechCode 8 NPT

Total Hours: 24

24 Hour Activity Summary:p/u fishing BHA, trip in hole w/ fishing assembly, Code 8 NPT for Hyrdromatic Brake

24 Hour Plan Forward:Tag and Hook Fish @ 7851', Jar w/downhole jars and retrieve fish

Safety FuelLast BOP Test 11/09/2014 Last BOP Drill 11/16/2014 Last Function Test Diesel Used 941 Diesel Recvd Diesel on Loc 5,836

Page 99: Well Name Daily Drilling Report

Daily Cost Report

Well Name: UTL 28-17-1H

Report Date: 11/20/2014

Daily Cost $43,165

Intangible Costs

Code Description Comments Daily Cum 830.010 Permits, Licenses, ect $3,000

830.020 Staking & Surveying $5,000

830.030 Road, Locations $71,807

830.035 Mobilization/Demobilization $172,500

830.040 Daywork Contract Basin 104 Day Rate/ 5 hrs code 8 NPT Hydromatic $15,833 $658,333

830.050 Mouse/Rathole/Conduct Pipe $28,300

830.055 Directional Drilling & Survey Day rate Newsco. $7,950 $270,198

830.060 Bits, Tools, Stabalizers $124,668

830.065 Fuel, Power $189,642

830.070 Equipment Rental $4,067 $217,935

830.071 Hot Shot Trucking Deliver motor,pipe racks $670 $5,285

830.075 Mud & Chemicals $8,076 $108,137

830.080 Mud Logging $1,319 $36,489

830.090 Core Analysis

830.095 Openhole Logging

830.100 Cement Services $64,650

830.110 Casing Crew & Equipment $18,625

830.120 Contract Labor Move 7 5/8 casing back off racks $1,350 $57,914

830.160 Fishing Services $24,207

830.165 Drill Water $25,161

830.175 Supervision Jeff Staples , Major Roberts $3,900 $190,300

830.185 Insurance $35,000

830.190 Legal $10,000

830.195 P&A/TA Costs

840.100 Cement Services (4-1/2" Liner)

Total Intangible $43,165 $2,317,150Tangible Costs

Code Description Comments Daily Cum 850.010 Conductor Casing - 13-3/8" $32,219

850.015 Surface Casing - 9-5/8"

850.120 Intermediate Casing - 7"

850.145 Wellhead Equipment $29,934

850.150 Float equipment, Centralizers & DVT

850.275 Tangible Contingency $282,010

860.030 Production Casing - 4-1/2"

860.035 Liner Hanger - 4-1/2"

Total Tangible $344,163Total Costs $43,165 $2,661,313

WellEz Information Management Ver4.21.14bg

Page 100: Well Name Daily Drilling Report

Daily Drilling ReportWell Name UTL 28-17-1H

Report Date 11/21/2014

Field University Lands Supervisor Jeff Staples Report No. 46Location Supervisor 2 Major Roberts DFS 38County Ward Rig Phone Spud Date 10/14/2014Rig Name 104 Rig Email AFE $6,178,695.00

KB 22.5 Daily Footage Daily Cost $21,641.17

Depth (MD) 10,715 TVD at Bit 10,705 Cum. Cost $2,682,953.92

Estimated TD 21,100

Casing Data

Type Size Weight Grade Connection Top Bottom Shoe TestSurface 13-3/8 48.0 J55 8 Rnd STC 919' 10 ppg

Mud Properties Last Survey BHAType Brine Depth Inc Azi Component Length ID ODWeight 10 Drill Bit 1.50' 9.88FV 36 Motor 31.27' 8.03PV 9 Drilling Parameters Sub 2.18' 3.00 7.97YP 12 Max WOB Monel Collar 28.57' 2.88 7.90LCM (ppb) Max RPM Monel Collar 28.20' 3.25 7.88Chlorides 186500 Max Torque X-Over 3.43' 2.81 6.75% Solids 0.3 Max Pull Drill Pipe 567.59' 3.83 4.50Daily Losses Bkgrnd Gas Drill Pipe 368.70' 2.75 4.50Total Losses Max Gas X-Over 2.60' 2.25 6.50

Cnx Gas Drill Pipe 936.94' 2.50 4.50Trip Gas

Total Length: 1970.98

Bit InfoBit # Size Make Type S/N Jets In Out Footage Hrs ROP Grade13 9.875 Security MMD55DM 12335891 7x16 10,715' -------

-------

-------

-------

Activity Summary (6:00am - 6:00am)From To Hours P / U Summary

6:00 15:30 9.50 UnPlannedWork on HydromaticCode 8 NPT

15:30 16:00 0.50 Planned Rig Service

16:00 17:00 1.00 UnPlanned Wash to top of fish @ 7851'

17:00 6:00 13.00 UnPlanned

Screw into fish and start jarringSlack off to 125kpick up to 250kOverpull is 100kImpact is 430k @ the fishHave made 15 inches of progress after jarring @ 0600 hours

Total Hours: 24

24 Hour Activity Summary:9.5 hours of Code 8 NPT on Hydromatic, rig service, screw into fish and jar

24 Hour Plan Forward:Jar on fish

Safety FuelLast BOP Test 11/09/2014 Last BOP Drill 11/16/2014 Last Function Test Diesel Used 1,092 Diesel Recvd Diesel on Loc 4,744

Page 101: Well Name Daily Drilling Report

Daily Cost Report

Well Name: UTL 28-17-1H

Report Date: 11/21/2014

Daily Cost $21,641

Intangible Costs

Code Description Comments Daily Cum 830.010 Permits, Licenses, ect $3,000

830.020 Staking & Surveying $5,000

830.030 Road, Locations $71,807

830.035 Mobilization/Demobilization $172,500

830.040 Daywork Contract Basin 104 Day Rate/ 9.5hrs code 8 NPT Hydromatic $7,917 $666,250

830.050 Mouse/Rathole/Conduct Pipe $28,300

830.055 Directional Drilling & Survey Day rate Newsco. $3,975 $274,173

830.060 Bits, Tools, Stabalizers Guage rings for bits $1,052 $125,719

830.065 Fuel, Power $189,642

830.070 Equipment Rental $3,772 $221,707

830.071 Hot Shot Trucking $5,285

830.075 Mud & Chemicals $108,137

830.080 Mud Logging Standby day rate is $756 full rate is $945 a day $756 $37,245

830.090 Core Analysis

830.095 Openhole Logging

830.100 Cement Services $64,650

830.110 Casing Crew & Equipment $18,625

830.120 Contract Labor House Cleaners $270 $58,184

830.160 Fishing Services $24,207

830.165 Drill Water $25,161

830.175 Supervision Jeff Staples , Major Roberts $3,900 $194,200

830.185 Insurance $35,000

830.190 Legal $10,000

830.195 P&A/TA Costs

840.100 Cement Services (4-1/2" Liner)

Total Intangible $21,641 $2,338,791Tangible Costs

Code Description Comments Daily Cum 850.010 Conductor Casing - 13-3/8" $32,219

850.015 Surface Casing - 9-5/8"

850.120 Intermediate Casing - 7"

850.145 Wellhead Equipment $29,934

850.150 Float equipment, Centralizers & DVT

850.275 Tangible Contingency $282,010

860.030 Production Casing - 4-1/2"

860.035 Liner Hanger - 4-1/2"

Total Tangible $344,163Total Costs $21,641 $2,682,954

WellEz Information Management Ver4.21.14bg

Page 102: Well Name Daily Drilling Report

Daily Drilling ReportWell Name UTL 28-17-1H

Report Date 11/22/2014

Field University Lands Supervisor Nate Baxter Report No. 47Location Supervisor 2 Major Roberts DFS 39County Ward Rig Phone Spud Date 10/14/2014Rig Name 104 Rig Email AFE $6,178,695.00

KB 22.5 Daily Footage Daily Cost $54,219.13

Depth (MD) 10,715 TVD at Bit 10,705 Cum. Cost $2,737,173.05

Estimated TD 21,100

Casing Data

Type Size Weight Grade Connection Top Bottom Shoe TestSurface 13-3/8 48.0 J55 8 Rnd STC 919' 10 ppg

Mud Properties Last Survey BHAType Brine Depth Inc Azi Component Length ID ODWeight 10 Drill Bit 1.50' 9.88FV 36 Motor 31.27' 8.03PV 9 Drilling Parameters Sub 2.18' 3.00 7.97YP 12 Max WOB Monel Collar 28.57' 2.88 7.90LCM (ppb) Max RPM Monel Collar 28.20' 3.25 7.88Chlorides 186500 Max Torque X-Over 3.43' 2.81 6.75% Solids 0.3 Max Pull Drill Pipe 567.59' 3.83 4.50Daily Losses Bkgrnd Gas Drill Pipe 368.70' 2.75 4.50Total Losses Max Gas X-Over 2.60' 2.25 6.50

Cnx Gas Drill Pipe 936.94' 2.50 4.50Trip Gas

Total Length: 1970.98

Bit InfoBit # Size Make Type S/N Jets In Out Footage Hrs ROP Grade13 9.875 Security MMD55DM 12335891 7x16 10,715' -------

-------

-------

-------

Activity Summary (6:00am - 6:00am)From To Hours P / U Summary

6:00 6:30 0.50 UnPlanned

Jarring on FishSlack off to 125kpick up to 250kOverpull is 100kImpact is 430k @ the fish

6:30 7:00 0.50 UnPlanned Inspect Derrick & cool jars

7:00 8:30 1.50 UnPlanned

Jarring on FishSlack off to 125kpick up to 250kOverpull is 100k

8:30 9:00 0.50 Planned Rig Service

9:00 10:30 1.50 UnPlanned

Jarring on FishSlack off to 125kpick up to 250kOverpull is 100k

10:30 11:00 0.50 UnPlanned Inspect Derrick & cool jars

11:00 12:00 1.00 UnPlanned

Jarring on FishSlack off to 125kpick up to 250kOverpull is 100k

12:00 12:30 0.50 UnPlanned Inspect Derrick & Drawworks, cool jars

12:30 14:30 2.00 UnPlanned

Jarring on FishSlack off to 125kpick up to 250kOverpull is 100k

14:30 18:00 3.50 UnPlanned

R/U wireline truck (Dialog)Run in hole to Back-off Fishing Assembly1st attempt to Back-off unsuccessful6 wraps of left hand torque

18:00 20:00 2.00 UnPlanned2nd attempt to Back-off Fishing AssemblyUnsuccessful, 8 Wraps of left hand torque

20:00 23:00 3.00 UnPlanned

3rd attempt to Back-off Fishing Assembly14 Wraps of left hand torque w/2k overpullSuccess

23:00 1:00 2.00 UnPlanned Pull wireline out of hole slow due to broken strands and rat nest cable (Dialog)

1:00 5:00 4.00 UnPlanned

Establish rotation left/right 4kft-lbs 30RPMVerified back off screw in sub. Observed 18" bumper sub travel and Jars cock.Work tight hole F/ TOF @ 7,851' - T/ 7,849'Try and establish circulation after unable to pull above P/O No circulation established. no bleed off. Pack off verified with increase in torque during rotation and loss in weight on weight indicator while pressuring up on drill pipe.Jar up 100-200 K over in 10 stroke 25K increments.Inspect Top drive and mast for potential dropsNo forward progress.

5:00 6:00 1.00 UnPlanned RIH w/ wire line to back off due to pack off above fishing skirt

Total Hours: 24

24 Hour Activity Summary:

Page 103: Well Name Daily Drilling Report

Jar on fish, back-off screw in sub, jar on stuck fishing assembly, back-off above jars

24 Hour Plan Forward:Back-off @ top of jars, tooh & run washpipe

Safety FuelLast BOP Test 11/09/2014 Last BOP Drill 11/16/2014 Last Function Test Diesel Used 846 Diesel Recvd 6,000 Diesel on Loc 9,898

Page 104: Well Name Daily Drilling Report

Daily Cost Report

Well Name: UTL 28-17-1H

Report Date: 11/22/2014

Daily Cost $54,219

Intangible Costs

Code Description Comments Daily Cum 830.010 Permits, Licenses, ect $3,000

830.020 Staking & Surveying $5,000

830.030 Road, Locations $71,807

830.035 Mobilization/Demobilization $172,500

830.040 Daywork Contract Basin 104 Day Rate $20,000 $686,250

830.050 Mouse/Rathole/Conduct Pipe $28,300

830.055 Directional Drilling & Survey Day rate Newsco. $3,975 $278,148

830.060 Bits, Tools, Stabalizers $125,719

830.065 Fuel, Power Rig Fuel $21,816 $211,458

830.070 Equipment Rental $3,772 $225,479

830.071 Hot Shot Trucking $5,285

830.075 Mud & Chemicals $108,137

830.080 Mud Logging Standby day rate is $756 full rate is $945 a day $756 $38,001

830.090 Core Analysis

830.095 Openhole Logging

830.100 Cement Services $64,650

830.110 Casing Crew & Equipment $18,625

830.120 Contract Labor $58,184

830.160 Fishing Services $24,207

830.165 Drill Water $25,161

830.175 Supervision Jeff Staples , Major Roberts $3,900 $198,100

830.185 Insurance $35,000

830.190 Legal $10,000

830.195 P&A/TA Costs

840.100 Cement Services (4-1/2" Liner)

Total Intangible $54,219 $2,393,010Tangible Costs

Code Description Comments Daily Cum 850.010 Conductor Casing - 13-3/8" $32,219

850.015 Surface Casing - 9-5/8"

850.120 Intermediate Casing - 7"

850.145 Wellhead Equipment $29,934

850.150 Float equipment, Centralizers & DVT

850.275 Tangible Contingency $282,010

860.030 Production Casing - 4-1/2"

860.035 Liner Hanger - 4-1/2"

Total Tangible $344,163Total Costs $54,219 $2,737,173

WellEz Information Management Ver4.21.14bg

Page 105: Well Name Daily Drilling Report

Daily Drilling ReportWell Name UTL 28-17-1H

Report Date 11/23/2014

Field University Lands Supervisor Nate Baxter Report No. 48Location Supervisor 2 Major Roberts DFS 40County Ward Rig Phone Spud Date 10/14/2014Rig Name 104 Rig Email AFE $6,178,695.00

KB 22.5 Daily Footage Daily Cost $181,997.50

Depth (MD) 10,715 TVD at Bit 10,705 Cum. Cost $2,919,170.55

Estimated TD 21,100

Casing Data

Type Size Weight Grade Connection Top Bottom Shoe TestSurface 13-3/8 48.0 J55 8 Rnd STC 919' 10 ppg

Mud Properties Last Survey BHAType Brine Depth Inc Azi Component Length ID ODWeight 10 Drill Bit 1.50' 9.88FV 36 Motor 31.27' 8.03PV 9 Drilling Parameters Sub 2.18' 3.00 7.97YP 12 Max WOB Monel Collar 28.57' 2.88 7.90LCM (ppb) Max RPM Monel Collar 28.20' 3.25 7.88Chlorides 186500 Max Torque X-Over 3.43' 2.81 6.75% Solids 0.3 Max Pull Drill Pipe 567.59' 3.83 4.50Daily Losses Bkgrnd Gas Drill Pipe 368.70' 2.75 4.50Total Losses Max Gas X-Over 2.60' 2.25 6.50

Cnx Gas Drill Pipe 936.94' 2.50 4.50Trip Gas

Total Length: 1970.98

Bit InfoBit # Size Make Type S/N Jets In Out Footage Hrs ROP Grade13 9.875 Security MMD55DM 12335891 7x16 10,715' -------

-------

-------

-------

Activity Summary (6:00am - 6:00am)From To Hours P / U Summary

6:00 7:00 1.00 UnPlannedWork pipe to ensure a successful back-offBack-0ff @ 7809' Leaving Bumper sub, screw in sub and skirt assembly in hole

7:00 7:30 0.50 UnPlanned R/D wireline truck (Dialog)

7:30 9:30 2.00 UnPlannedCirculate 9000 stroke @ 700 GPM30 RPM, Pump Dry Job 1.5 ppg over

9:30 12:30 3.00 UnPlanned TOOH F/7809' T/918''

12:30 13:00 0.50 UnPlanned Rig Service-Grease drawworks, hydromatic, top drive, & crown

13:00 14:00 1.00 UnPlanned Slip & cut drill line

14:00 15:30 1.50 UnPlannedTOOH F/918' T/surfaceL/D fishing tools

15:30 17:00 1.50 UnPlanned Waiting on Fishing tools

17:00 23:30 6.50 UnPlanned

P/U 9.625 Wash pipeM/U Washpipe and fishing subsTIH T/7010' Establish good flow & circulate bottoms upw/55 rpms @ 700 GPM

23:30 2:30 3.00 UnPlannedTIH F/7010' T/7477'Pump 30 bbl Hi-vis sweep while reciprocating pipe w/55 rpms @ 700 GPM

2:30 5:30 3.00 UnPlanned

TIH F/7477'' T/7809', Tag TOF @ 7809'Pump 30 bbl Hi-vis sweep while reciprocating pipe w/55 rpms @ 700 GPM, Lost 80 bbl Total, (40 bbl/hr), cut flow rate back to 510 GPM, pump LCM sweep and contain losses to 6 bbl/hr

5:30 6:00 0.50 UnPlanned Wash over fish @ 7809' with 510 GPM & 26 RPM w/6k torque

Total Hours: 24

24 Hour Activity Summary:Back-off fish @ bumper jars, R/D wireline, TOOH, slip & cut drill line, M/U 9 5/8 wash pipe, TIH

24 Hour Plan Forward:Wash over fish, TOOH to L/D wash pipe, P/U screw in sub and retrieve fish @ 7809'

Safety FuelLast BOP Test 11/09/2014 Last BOP Drill 11/16/2014 Last Function Test Diesel Used 1,258 Diesel Recvd Diesel on Loc 8,640

Page 106: Well Name Daily Drilling Report

Daily Cost Report

Well Name: UTL 28-17-1H

Report Date: 11/23/2014

Daily Cost $181,998

Intangible Costs

Code Description Comments Daily Cum 830.010 Permits, Licenses, ect $3,000

830.020 Staking & Surveying $5,000

830.030 Road, Locations $71,807

830.035 Mobilization/Demobilization $172,500

830.040 Daywork Contract Basin 104 Day Rate $20,000 $706,250

830.050 Mouse/Rathole/Conduct Pipe $28,300

830.055 Directional Drilling & Survey Day rate Newsco. $3,975 $282,123

830.060 Bits, Tools, Stabalizers $125,719

830.065 Fuel, Power $211,458

830.070 Equipment Rental $3,772 $229,251

830.071 Hot Shot Trucking $5,285

830.075 Mud & Chemicals $108,137

830.080 Mud Logging Standby day rate is $756 full rate is $945 a day $756 $38,757

830.090 Core Analysis

830.095 Openhole Logging

830.100 Cement Services $64,650

830.110 Casing Crew & Equipment $18,625

830.120 Contract Labor $58,184

830.160 Fishing Services $24,207

830.165 Drill Water brine haul Steve Kent $3,955 $29,115

830.175 Supervision Jeff Staples , Major Roberts $3,900 $202,000

830.185 Insurance $35,000

830.190 Legal $10,000

830.195 P&A/TA Costs

840.100 Cement Services (4-1/2" Liner)

Total Intangible $36,358 $2,429,368Tangible Costs

Code Description Comments Daily Cum 850.010 Conductor Casing - 13-3/8" $32,219

850.015 Surface Casing - 9-5/8"

850.120 Intermediate Casing - 7"

850.145 Wellhead Equipment $29,934

850.150 Float equipment, Centralizers & DVT

850.275 Tangible Contingency Dialog wireline-70,000, WFR(Fishing)-75,640.00 $145,640 $427,650

860.030 Production Casing - 4-1/2"

860.035 Liner Hanger - 4-1/2"

Total Tangible $145,640 $489,803Total Costs $181,998 $2,919,171

WellEz Information Management Ver4.21.14bg

Page 107: Well Name Daily Drilling Report

Daily Drilling ReportWell Name UTL 28-17-1H

Report Date 11/24/2014

Field University Lands Supervisor Nate Baxter Report No. 49Location Supervisor 2 Major Roberts DFS 41County Ward Rig Phone Spud Date 10/14/2014Rig Name 104 Rig Email AFE $6,178,695.00

KB 22.5 Daily Footage Daily Cost $36,208.00

Depth (MD) 10,715 TVD at Bit 10,705 Cum. Cost $2,955,378.55

Estimated TD 21,100

Casing Data

Type Size Weight Grade Connection Top Bottom Shoe TestSurface 13-3/8 48.0 J55 8 Rnd STC 919' 10 ppg

Mud Properties Last Survey BHAType Brine Depth Inc Azi Component Length ID ODWeight 10 Drill Bit 1.50' 9.88FV 36 Motor 31.27' 8.03PV 9 Drilling Parameters Sub 2.18' 3.00 7.97YP 12 Max WOB Monel Collar 28.57' 2.88 7.90LCM (ppb) Max RPM Monel Collar 28.20' 3.25 7.88Chlorides 186500 Max Torque X-Over 3.43' 2.81 6.75% Solids 0.3 Max Pull Drill Pipe 567.59' 3.83 4.50Daily Losses Bkgrnd Gas Drill Pipe 368.70' 2.75 4.50Total Losses Max Gas X-Over 2.60' 2.25 6.50

Cnx Gas Drill Pipe 936.94' 2.50 4.50Trip Gas

Total Length: 1970.98

Bit InfoBit # Size Make Type S/N Jets In Out Footage Hrs ROP Grade13 9.875 Security MMD55DM 12335891 7x16 10,715' -------

-------

-------

-------

Activity Summary (6:00am - 6:00am)From To Hours P / U Summary

6:00 10:00 4.00 UnPlannedWash over fish F/7,809' - T/7,851' with 510 GPM & 26 RPM w/6k torque. Pumping 30 bbl. high visc sweeps around to keep hole clean.

10:00 13:00 3.00 UnPlanned

Circulate hole clean and condition mud.Reciprocate pipe while pumping two 60bbl high vis sweeps around to clean hole.Sweeps coming back late showing 160% wash from calculated/actual stroke count.Verified hole clean on shakersFlow check well and prepare to TOH. Well static.

13:00 15:00 2.00 UnPlanned

TOOH F/7,851' - T/5,500'Hole took correct fill.Slick hole no tight spots

15:00 16:00 1.00 UnPlanned

Circulate hole clean and condition mudPump 60 BBLS high vis sweep around to gauge hole.Estimated 10% wash due to calculated / actual stroke count on sweep. Verified hole clean on the shakers.Major wash out estimated to be from 5,500' - 6,250'

16:00 19:00 3.00 UnPlanned

TOOH F/5,500'- T/SurfaceLay down 9 5/8" wash over asym.Hole took correct fill.Slick hole no tight spotsClear floor of all slip trip fall hazards.

19:00 23:30 4.50 UnPlannedM/U overshot w/right hand releaseTIH F/Surface-T/6250'

23:30 1:30 2.00 UnPlannedCirculate hole clean and condition mudReciprocate pipe while pumping 30 BBl high vis sweep to clean hole. Verified hole clean on the shakers.

1:30 2:00 0.50 UnPlanned TIH F/6250' T/7250'

2:00 4:00 2.00 UnPlannedCirculate hole clean and condition mudReciprocate pipe while pumping 30 BBl high vis sweep to clean hole. Verified hole clean on the shakers.

4:00 4:30 0.50 UnPlannedTIH F7250' T7808'TOF @ 7818'

4:30 6:00 1.50 UnPlannedCirculate hole clean and condition mudReciprocate pipe while pumping 30 BBl high vis sweep to clean hole. Verified hole clean on the shakers.

Total Hours: 24

24 Hour Activity Summary:Wash over top of fish, Circulate hole clean. TOH

24 Hour Plan Forward:Wash over and fish

Safety FuelLast BOP Test 11/09/2014 Last BOP Drill 11/16/2014 Last Function Test Diesel Used 1,731 Diesel Recvd Diesel on Loc 6,909

Page 108: Well Name Daily Drilling Report

Daily Cost Report

Well Name: UTL 28-17-1H

Report Date: 11/24/2014

Daily Cost $36,208

Intangible Costs

Code Description Comments Daily Cum 830.010 Permits, Licenses, ect $3,000

830.020 Staking & Surveying $5,000

830.030 Road, Locations $71,807

830.035 Mobilization/Demobilization $172,500

830.040 Daywork Contract Basin 104 Day Rate $20,000 $726,250

830.050 Mouse/Rathole/Conduct Pipe $28,300

830.055 Directional Drilling & Survey Day rate Newsco. $3,975 $286,098

830.060 Bits, Tools, Stabalizers $125,719

830.065 Fuel, Power $211,458

830.070 Equipment Rental $3,772 $233,023

830.071 Hot Shot Trucking $5,285

830.075 Mud & Chemicals $108,137

830.080 Mud Logging Standby day rate is $756 full rate is $945 a day $756 $39,513

830.090 Core Analysis

830.095 Openhole Logging

830.100 Cement Services $64,650

830.110 Casing Crew & Equipment $18,625

830.120 Contract Labor $58,184

830.160 Fishing Services $24,207

830.165 Drill Water Steve Kent Trucking $3,805 $32,920

830.175 Supervision Nate Baxter , Major Roberts $3,900 $205,900

830.185 Insurance $35,000

830.190 Legal $10,000

830.195 P&A/TA Costs

840.100 Cement Services (4-1/2" Liner)

Total Intangible $36,208 $2,465,576Tangible Costs

Code Description Comments Daily Cum 850.010 Conductor Casing - 13-3/8" $32,219

850.015 Surface Casing - 9-5/8"

850.120 Intermediate Casing - 7"

850.145 Wellhead Equipment $29,934

850.150 Float equipment, Centralizers & DVT

850.275 Tangible Contingency $427,650

860.030 Production Casing - 4-1/2"

860.035 Liner Hanger - 4-1/2"

Total Tangible $489,803Total Costs $36,208 $2,955,379

WellEz Information Management Ver4.21.14bg

Page 109: Well Name Daily Drilling Report

Daily Drilling ReportWell Name UTL 28-17-1H

Report Date 11/25/2014

Field University Lands Supervisor Nate Baxter Report No. 50Location Supervisor 2 Major Roberts DFS 42County Ward Rig Phone Spud Date 10/14/2014Rig Name 104 Rig Email AFE $6,178,695.00

KB 22.5 Daily Footage Daily Cost $93,139.45

Depth (MD) 10,715 TVD at Bit 10,705 Cum. Cost $3,048,518.00

Estimated TD 21,100

Casing Data

Type Size Weight Grade Connection Top Bottom Shoe TestSurface 13-3/8 48.0 J55 8 Rnd STC 919' 10 ppg

Mud Properties Last Survey BHAType Brine Depth Inc Azi Component Length ID ODWeight 10 Drill Bit 1.50' 9.88FV 36 Motor 31.27' 8.03PV 9 Drilling Parameters Sub 2.18' 3.00 7.97YP 12 Max WOB Monel Collar 28.57' 2.88 7.90LCM (ppb) Max RPM Monel Collar 28.20' 3.25 7.88Chlorides 186500 Max Torque X-Over 3.43' 2.81 6.75% Solids 0.4 Max Pull Drill Pipe 567.59' 3.83 4.50Daily Losses Bkgrnd Gas Drill Pipe 368.70' 2.75 4.50Total Losses Max Gas X-Over 2.60' 2.25 6.50

Cnx Gas Drill Pipe 936.94' 2.50 4.50Trip Gas

Total Length: 1970.98

Bit InfoBit # Size Make Type S/N Jets In Out Footage Hrs ROP Grade13 9.875 Security MMD55DM 12335891 7x16 10,715' -------

-------

-------

-------

Activity Summary (6:00am - 6:00am)From To Hours P / U Summary

6:00 6:30 0.50 UnPlannedCirculate hole clean and condition mudReciprocate pipe while pumping 30 BBl high vis sweep to clean hole. Verified hole clean on the shakers.

6:30 12:00 5.50 UnPlanned

Latch onto fish w/overshotTOH F/7818' T/surfaceL/D Fish and fishing assembly

12:00 12:30 0.50 UnPlanned Rig service

12:30 19:30 7.00 UnPlanned TIH Picking up 8 1/8" 313' of wash pipe & a 9 1/4" OD burner shoe, TIH F/surface T/6250'

19:30 20:30 1.00 UnPlannedCirculate hole clean and condition mudReciprocate pipe while pumping 30 BBl high vis sweep to clean hole. Verified hole clean on the shakers.

20:30 21:30 1.00 UnPlanned Finish TIH F/6250' T/7831' (TOF)

21:30 23:00 1.50 UnPlannedCirculate hole clean and condition mudReciprocate pipe while pumping 30 BBl high vis sweep to clean hole. Verified hole clean on the shakers.

23:00 6:00 7.00 UnPlanned

Wash over TOF @ 7831'Start washing over @ 30 RPM & 500 GPMAfter 5' washed over increased to 70 RPM & 600 GPMWash over F/7818' T/7950'

Total Hours: 24

24 Hour Activity Summary:TIH to retrieve fish, latch onto fish & TOH, TIH w/8 1/8" wash pipe, Wash over fish

24 Hour Plan Forward:Wash over and fish @ 7818' for 300' w/8 1/8" wash pipe

Safety FuelLast BOP Test 11/09/2014 Last BOP Drill 11/16/2014 Last Function Test Diesel Used 1,618 Diesel Recvd Diesel on Loc 5,291

Page 110: Well Name Daily Drilling Report

Daily Cost Report

Well Name: UTL 28-17-1H

Report Date: 11/25/2014

Daily Cost $93,139

Intangible Costs

Code Description Comments Daily Cum 830.010 Permits, Licenses, ect $3,000

830.020 Staking & Surveying $5,000

830.030 Road, Locations $71,807

830.035 Mobilization/Demobilization $172,500

830.040 Daywork Contract Basin 104 Day Rate $20,000 $746,250

830.050 Mouse/Rathole/Conduct Pipe $28,300

830.055 Directional Drilling & Survey Day rate Newsco. $3,975 $290,073

830.060 Bits, Tools, Stabalizers $125,719

830.065 Fuel, Power $211,458

830.070 Equipment Rental $3,772 $236,795

830.071 Hot Shot Trucking Tejas-directional tools, Acme Truck- fishing tools $5,602 $10,886

830.075 Mud & Chemicals $17,058 $125,195

830.080 Mud Logging Standby day rate is $756 full rate is $945 a day $756 $40,269

830.090 Core Analysis

830.095 Openhole Logging

830.100 Cement Services $64,650

830.110 Casing Crew & Equipment $18,625

830.120 Contract Labor $58,184

830.160 Fishing Services $24,207

830.165 Drill Water $32,920

830.175 Supervision Nate Baxter , Major Roberts $3,900 $209,800

830.185 Insurance $35,000

830.190 Legal $10,000

830.195 P&A/TA Costs

840.100 Cement Services (4-1/2" Liner)

Total Intangible $55,062 $2,520,638Tangible Costs

Code Description Comments Daily Cum 850.010 Conductor Casing - 13-3/8" $32,219

850.015 Surface Casing - 9-5/8"

850.120 Intermediate Casing - 7"

850.145 Wellhead Equipment $29,934

850.150 Float equipment, Centralizers & DVT

850.275 Tangible Contingency $38,077 $465,727

860.030 Production Casing - 4-1/2"

860.035 Liner Hanger - 4-1/2"

Total Tangible $38,077 $527,880Total Costs $93,139 $3,048,518

WellEz Information Management Ver4.21.14bg

Page 111: Well Name Daily Drilling Report

Daily Drilling ReportWell Name UTL 28-17-1H

Report Date 11/26/2014

Field University Lands Supervisor Nate Baxter Report No. 51Location Supervisor 2 Tate Edeler DFS 43County Ward Rig Phone Spud Date 10/14/2014Rig Name 104 Rig Email AFE $6,178,695.00

KB 22.5 Daily Footage Daily Cost $58,494.00

Depth (MD) 10,715 TVD at Bit 10,705 Cum. Cost $3,107,012.00

Estimated TD 21,100

Casing Data

Type Size Weight Grade Connection Top Bottom Shoe TestSurface 13-3/8 48.0 J55 8 Rnd STC 919' 10 ppg

Mud Properties Last Survey BHAType Brine Depth Inc Azi Component Length ID ODWeight 10 Drill Bit 1.50' 9.88FV 43 Motor 31.27' 8.03PV 11 Drilling Parameters Sub 2.18' 3.00 7.97YP 18 Max WOB Monel Collar 28.57' 2.88 7.90LCM (ppb) Max RPM Monel Collar 28.20' 3.25 7.88Chlorides 156000 Max Torque X-Over 3.43' 2.81 6.75% Solids 4.1 Max Pull Drill Pipe 567.59' 3.83 4.50Daily Losses Bkgrnd Gas Drill Pipe 368.70' 2.75 4.50Total Losses Max Gas X-Over 2.60' 2.25 6.50

Cnx Gas Drill Pipe 936.94' 2.50 4.50Trip Gas

Total Length: 1970.98

Bit InfoBit # Size Make Type S/N Jets In Out Footage Hrs ROP Grade13 9.875 Security MMD55DM 12335891 7x16 10,715' -------

-------

-------

-------

Activity Summary (6:00am - 6:00am)From To Hours P / U Summary

6:00 8:30 2.50 UnPlannedContinue washing over Top of fish F/7,875' - T8,080'600 GPM 60 RPM'S 7-10 WOB

8:30 12:00 3.50 UnPlanned

Circulate hole clean and condition mud.Reciprocate pipe Pump 30 bbl high vis sweep around.Verified hole clean on shakers after sweep cleared.Prepare to TOHFlow check well-Well static

12:00 19:00 7.00 UnPlanned

TOH to X/O wash pipe for Fishing asym.F/8,080' - T/SurfaceHole achieved proper fillRack back 3 stnds wash pipe in mast.L/D wash pipe shoe.

19:00 21:00 2.00 UnPlanned

Pick up Fishing Assym #5Screw in subFishing jarsAccelerator.TIH F/Surface - T/6,250'Achieved calculated displacement on trip tank.

21:00 1:00 4.00 UnPlannedClean hole and condition mud for bottoms up + on Shakers.No significant fill or cuttings observed on shakers. Verified hole clean

1:00 2:30 1.50 UnPlannedTIH F/6,250' - T/ 7,831'Achieved calculated displacement on trip tank.

2:30 4:30 2.00 UnPlanned

Clean hole and condition mud Pump 30 bbl high vis sweep around.No significant fill or cuttings observed on shakers. Verified hole clean

4:30 6:00 1.50 UnPlanned Attempting to screw into fish.

Total Hours: 24

24 Hour Activity Summary:Finish washing over fish 8,080'. TOH for fishing assym. RIH with fishing assym and attempt to screw into fish.

24 Hour Plan Forward:Wash over and Fish

Safety FuelLast BOP Test 11/09/2014 Last BOP Drill 11/16/2014 Last Function Test Diesel Used Diesel Recvd Diesel on Loc 5,291

Page 112: Well Name Daily Drilling Report

Daily Cost Report

Well Name: UTL 28-17-1H

Report Date: 11/26/2014

Daily Cost $58,494

Intangible Costs

Code Description Comments Daily Cum 830.010 Permits, Licenses, ect $3,000

830.020 Staking & Surveying $5,000

830.030 Road, Locations $71,807

830.035 Mobilization/Demobilization $172,500

830.040 Daywork Contract Basin 104 Day Rate $20,000 $766,250

830.050 Mouse/Rathole/Conduct Pipe $28,300

830.055 Directional Drilling & Survey Day rate Newsco. $3,975 $294,048

830.060 Bits, Tools, Stabalizers $125,719

830.065 Fuel, Power $12,521 $223,979

830.070 Equipment Rental $7,722 $244,517

830.071 Hot Shot Trucking $10,886

830.075 Mud & Chemicals $5,500 $130,695

830.080 Mud Logging Standby day rate is $756 full rate is $945 a day $756 $41,025

830.090 Core Analysis

830.095 Openhole Logging

830.100 Cement Services $64,650

830.110 Casing Crew & Equipment D&R clean drift and tally casing $2,170 $20,795

830.120 Contract Labor cws unload casing $1,950 $60,134

830.160 Fishing Services $24,207

830.165 Drill Water $32,920

830.175 Supervision Nate Baxter , Major Roberts $3,900 $213,700

830.185 Insurance $35,000

830.190 Legal $10,000

830.195 P&A/TA Costs

840.100 Cement Services (4-1/2" Liner)

Total Intangible $58,494 $2,579,132Tangible Costs

Code Description Comments Daily Cum 850.010 Conductor Casing - 13-3/8" $32,219

850.015 Surface Casing - 9-5/8"

850.120 Intermediate Casing - 7"

850.145 Wellhead Equipment $29,934

850.150 Float equipment, Centralizers & DVT

850.275 Tangible Contingency $465,727

860.030 Production Casing - 4-1/2"

860.035 Liner Hanger - 4-1/2"

Total Tangible $527,880Total Costs $58,494 $3,107,012

WellEz Information Management Ver4.21.14bg

Page 113: Well Name Daily Drilling Report

Daily Drilling ReportWell Name UTL 28-17-1H

Report Date 11/27/2014

Field University Lands Supervisor Nate Baxter Report No. 52Location Supervisor 2 Tate Edeler DFS 44County Ward Rig Phone Spud Date 10/14/2014Rig Name 104 Rig Email AFE $6,178,695.00

KB 22.5 Daily Footage Daily Cost $43,267.71

Depth (MD) 10,715 TVD at Bit 10,705 Cum. Cost $3,150,279.71

Estimated TD 21,100

Casing Data

Type Size Weight Grade Connection Top Bottom Shoe TestSurface 13-3/8 48.0 J55 8 Rnd STC 919' 10 ppg

Mud Properties Last Survey BHAType Brine Depth Inc Azi Component Length ID ODWeight 10 Drill Bit 1.50' 9.88FV 43 Motor 31.27' 8.03PV 11 Drilling Parameters Sub 2.18' 3.00 7.97YP 18 Max WOB Monel Collar 28.57' 2.88 7.90LCM (ppb) Max RPM Monel Collar 28.20' 3.25 7.88Chlorides 156000 Max Torque X-Over 3.43' 2.81 6.75% Solids 4.1 Max Pull Drill Pipe 567.59' 3.83 4.50Daily Losses Bkgrnd Gas Drill Pipe 368.70' 2.75 4.50Total Losses Max Gas X-Over 2.60' 2.25 6.50

Cnx Gas Drill Pipe 936.94' 2.50 4.50Trip Gas

Total Length: 1970.98

Bit InfoBit # Size Make Type S/N Jets In Out Footage Hrs ROP Grade13 9.875 Security MMD55DM 12335891 7x16 10,715' -------

-------

-------

-------

Activity Summary (6:00am - 6:00am)From To Hours P / U Summary6:00 8:00 2.00 UnPlanned Circulate and condition mud. Build dry job and fill trip tank.

8:00 12:00 4.00 UnPlanned TOOH for overshot tool F/7833'.

12:00 14:00 2.00 Planned Slip and cut drill line.

14:00 14:30 0.50 Planned Rig Service

14:30 16:00 1.50 UnPlanned Break down fishing tools.

16:00 20:00 4.00 UnPlanned Pickup overshot and jars. Waited an hour for proper grapple to show up on location. Finished making up BHA.

20:00 0:30 4.50 UnPlanned TIH T/7839' top of fish.

0:30 4:00 3.50 UnPlanned

Clean hole and condition mud Pump 30 bbl high vis sweep around.No significant fill or cuttings observed on shakers. Verified hole clean

4:00 6:00 2.00 UnPlannedSwallow fish with overshot.Begin working stuck drill string

Total Hours: 24

24 Hour Activity Summary:TIH with screw in sub and jar assembly. Tag fish and attempt screw in. TOH . Slip/Cut drill line. TIH with overshot and jar assembly.

24 Hour Plan Forward:Recover Stuck drill string

Safety FuelLast BOP Test 11/09/2014 Last BOP Drill 11/16/2014 Last Function Test Diesel Used Diesel Recvd Diesel on Loc 5,291

Page 114: Well Name Daily Drilling Report

Daily Cost Report

Well Name: UTL 28-17-1H

Report Date: 11/27/2014

Daily Cost $43,268

Intangible Costs

Code Description Comments Daily Cum 830.010 Permits, Licenses, ect $3,000

830.020 Staking & Surveying $5,000

830.030 Road, Locations $71,807

830.035 Mobilization/Demobilization $172,500

830.040 Daywork Contract Basin 104 Day Rate $20,000 $786,250

830.050 Mouse/Rathole/Conduct Pipe $28,300

830.055 Directional Drilling & Survey Day rate Newsco. $3,975 $298,023

830.060 Bits, Tools, Stabalizers $125,719

830.065 Fuel, Power Rig Fuel $10,865 $234,844

830.070 Equipment Rental $3,772 $248,289

830.071 Hot Shot Trucking $10,886

830.075 Mud & Chemicals $130,695

830.080 Mud Logging Standby day rate is $756 full rate is $945 a day $756 $41,781

830.090 Core Analysis

830.095 Openhole Logging

830.100 Cement Services $64,650

830.110 Casing Crew & Equipment $20,795

830.120 Contract Labor $60,134

830.160 Fishing Services $24,207

830.165 Drill Water $32,920

830.175 Supervision Nate Baxter , Tate Edeler $3,900 $217,600

830.185 Insurance $35,000

830.190 Legal $10,000

830.195 P&A/TA Costs

840.100 Cement Services (4-1/2" Liner)

Total Intangible $43,268 $2,622,400Tangible Costs

Code Description Comments Daily Cum 850.010 Conductor Casing - 13-3/8" $32,219

850.015 Surface Casing - 9-5/8"

850.120 Intermediate Casing - 7"

850.145 Wellhead Equipment $29,934

850.150 Float equipment, Centralizers & DVT

850.275 Tangible Contingency $465,727

860.030 Production Casing - 4-1/2"

860.035 Liner Hanger - 4-1/2"

Total Tangible $527,880Total Costs $43,268 $3,150,280

WellEz Information Management Ver4.21.14bg

Page 115: Well Name Daily Drilling Report

Daily Drilling ReportWell Name UTL 28-17-1H

Report Date 11/28/2014

Field University Lands Supervisor Nate Baxter Report No. 53Location Supervisor 2 Tate Edeler DFS 45County Ward Rig Phone Spud Date 10/14/2014Rig Name 104 Rig Email AFE $6,178,695.00

KB 22.5 Daily Footage Daily Cost $94,173.50

Depth (MD) 10,715 TVD at Bit 10,705 Cum. Cost $3,244,453.21

Estimated TD 21,100

Casing Data

Type Size Weight Grade Connection Top Bottom Shoe TestSurface 13-3/8 48.0 J55 8 Rnd STC 919' 10 ppg

Mud Properties Last Survey BHAType Brine Depth Inc Azi Component Length ID ODWeight 10 Drill Bit 1.50' 9.88FV 43 Motor 31.27' 8.03PV 11 Drilling Parameters Sub 2.18' 3.00 7.97YP 18 Max WOB Monel Collar 28.57' 2.88 7.90LCM (ppb) Max RPM Monel Collar 28.20' 3.25 7.88Chlorides 156000 Max Torque X-Over 3.43' 2.81 6.75% Solids 4.1 Max Pull Drill Pipe 567.59' 3.83 4.50Daily Losses Bkgrnd Gas Drill Pipe 368.70' 2.75 4.50Total Losses Max Gas X-Over 2.60' 2.25 6.50

Cnx Gas Drill Pipe 936.94' 2.50 4.50Trip Gas

Total Length: 1970.98

Bit InfoBit # Size Make Type S/N Jets In Out Footage Hrs ROP Grade13 9.875 Security MMD55DM 12335891 7x16 10,715' -------

-------

-------

-------

Activity Summary (6:00am - 6:00am)From To Hours P / U Summary

6:00 7:30 1.50 UnPlanned

Continue working stuck pipe jarring and tripping fish out hole with over shot/grappleF/10,721' - T/9,800'Cycled oil fishing Jars 45 times. 100K over.Gain 6-15' of hole jarring 3X 100K over then over pull up to 375K.Unable to establish circulation due to plugged drill string. rotating / Neutral weight 220K

7:30 2:30 19.00 UnPlanned

TOH with fish.F/9,800' - T/ 2,800' (TOF and fishing tools)Tight spots @ 8,800' 8,100'-7,800' 7,400', 5,000', 4,500' Rack back 6" drill collars in Mast.L/D fishing tools. and fishing joint of drill pipe.Unable to release grapple. L/D fishing joint with grapple on joint.Drop rabbit in pipe to identify potential pack off in drill string.Continue TOH F/2,800' - T/1,900'Tight Spots @ 2,900',2,300'Skirt left looped around fish 1 that was left in hole from fish 2 presumed to be cocked sideways hanging up on ledges and in casing cocking sideways slightly hanging up. Always free and clear 100% on down stroke after over pull. Tripping slow to minimize over pull being so shallow.L/D 300' Wash pipe that was racked back in mast to allow room for HWDP from recovered fish to be racked back on ODS.Continue TOH F/1,900' - T/Surface.Found drill string plugged at 340' un plugged drill string.L/D 8" Directional tools and BHA.Trip two stands 6" collars in hole and L/D.

2:30 4:00 1.50 UnPlanned

Clean and clear floor all slip trip fall hazards.Pump out cellar.Pull wear bushing.

4:00 6:00 2.00 UnPlanned

PJSM with Tesco and Prepare to R/U casing equip.R/U Tesco casing equip.Verified CRT Internal drive 9 5/8" 40# Dies and correct packer cup.Open PSI= 2100 Close PSI= 900Function Test CRT.

Total Hours: 24

24 Hour Activity Summary:Run overshot and latch onto fish. Jar and work stuck pipe free. TOH with recovered drill string. Pull wear bushing. R/U casing running equip.

24 Hour Plan Forward:

Page 116: Well Name Daily Drilling Report

Recover stuck pipe. Lay down drill collars . Rig up and run 9 5/8 casing.

Safety FuelLast BOP Test 11/09/2014 Last BOP Drill 11/16/2014 Last Function Test Diesel Used Diesel Recvd Diesel on Loc 8,291

Page 117: Well Name Daily Drilling Report

Daily Cost Report

Well Name: UTL 28-17-1H

Report Date: 11/28/2014

Daily Cost $94,174

Intangible Costs

Code Description Comments Daily Cum 830.010 Permits, Licenses, ect $3,000

830.020 Staking & Surveying $5,000

830.030 Road, Locations $71,807

830.035 Mobilization/Demobilization $172,500

830.040 Daywork Contract Basin 104 Day Rate $20,000 $806,250

830.050 Mouse/Rathole/Conduct Pipe $28,300

830.055 Directional Drilling & Survey Day rate Newsco. $3,975 $301,998

830.060 Bits, Tools, Stabalizers $125,719

830.065 Fuel, Power $234,844

830.070 Equipment Rental $-4,838 $243,451

830.071 Hot Shot Trucking $10,886

830.075 Mud & Chemicals $130,695

830.080 Mud Logging Standby day rate is $756 full rate is $945 a day $756 $42,537

830.090 Core Analysis

830.095 Openhole Logging

830.100 Cement Services $64,650

830.110 Casing Crew & Equipment $20,795

830.120 Contract Labor $60,134

830.160 Fishing Services $24,207

830.165 Drill Water $32,920

830.175 Supervision Nate Baxter , Tate Edeler $3,900 $221,500

830.185 Insurance $35,000

830.190 Legal $10,000

830.195 P&A/TA Costs

840.100 Cement Services (4-1/2" Liner)

Total Intangible $23,793 $2,646,193Tangible Costs

Code Description Comments Daily Cum 850.010 Conductor Casing - 13-3/8" $32,219

850.015 Surface Casing - 9-5/8"

850.120 Intermediate Casing - 7"

850.145 Wellhead Equipment $29,934

850.150 Float equipment, Centralizers & DVT

850.275 Tangible Contingency Final fishing cost. Job total $184,097.50 $70,381 $536,108

860.030 Production Casing - 4-1/2"

860.035 Liner Hanger - 4-1/2"

Total Tangible $70,381 $598,260Total Costs $94,174 $3,244,453

WellEz Information Management Ver4.21.14bg

Page 118: Well Name Daily Drilling Report

Daily Drilling ReportWell Name UTL 28-17-1H

Report Date 11/29/2014

Field University Lands Supervisor Nate Baxter Report No. 54Location Supervisor 2 Tate Edeler DFS 46County Ward Rig Phone Spud Date 10/14/2014Rig Name 104 Rig Email AFE $6,178,695.00

KB 22.5 Daily Footage Daily Cost $51,809.00

Depth (MD) 10,715 TVD at Bit 10,705 Cum. Cost $3,316,944.21

Estimated TD 21,100

Casing Data

Type Size Weight Grade Connection Top Bottom Shoe TestSurface 13-3/8 48.0 J55 8 Rnd STC 919' 10 ppg

Mud Properties Last Survey BHAType Brine Depth Inc Azi Component Length ID ODWeight 10 Drill Bit 1.50' 9.88FV 45 Motor 31.27' 8.03PV 13 Drilling Parameters Sub 2.18' 3.00 7.97YP 18 Max WOB Monel Collar 28.57' 2.88 7.90LCM (ppb) Max RPM Monel Collar 28.20' 3.25 7.88Chlorides 128000 Max Torque X-Over 3.43' 2.81 6.75% Solids 3.4 Max Pull Drill Pipe 567.59' 3.83 4.50Daily Losses Bkgrnd Gas Drill Pipe 368.70' 2.75 4.50Total Losses Max Gas X-Over 2.60' 2.25 6.50

Cnx Gas Drill Pipe 936.94' 2.50 4.50Trip Gas

Total Length: 1970.98

Bit InfoBit # Size Make Type S/N Jets In Out Footage Hrs ROP Grade13 9.875 Security MMD55DM 12335891 7x16 10,715' -------

-------

-------

-------

Activity Summary (6:00am - 6:00am)From To Hours P / U Summary

6:00 7:00 1.00 UnPlanned

Finish R/U Tesco Csg EquipM/U Shoe Joint and RIHP/U 2nd float joint and swallow with CRT.Check Mast and TDS for Level, Plane and centered over hole.Adjust Torque tube on TDS to align traveling gear over stump.

7:00 23:00 16.00 UnPlanned

Run 9 5/8 L-80 / J-55 40# LTC as Below.Shoe1 JntFloat collar162 jntsCasing Shoe set @ 7,162'TOFC @ 7,116'Achieved good displacement while running casing.Circulated Bottoms up @ 4,800' & 7,162' 5.5 BPMCasing Landed w/250K on the hanger.

23:00 0:00 1.00 UnPlanned

Clean Hole and condition Mud.Circulate Bottoms Up @ 5.5 BPM. No losses. Shakers clean.R/D Casing L/D truckPJSM W/Compass Cementers. Stage Cement Equipment to rig floor and R/U.

0:00 6:00 6.00 UnPlanned

Cement 9 5/8" casing as below25 bbls FW Spacer50 bbls gel spacerLead-1040 sx 720 bbls of Class C 11# 3.89/ yld Cement Tail-310 sx 65.15 bbls Class H 15.6# 1.18/ yldMaintain full returns while pumping Cement.Drop PlugDisplace Cement W/ 540 bbls 10# Mud.Full returns for 500bbls displacement.Diminishing to 0 returns for last 40bbls displacement.Bumped Plug Floats held. 2 bbl. backFinal Lift PSI 380 @ 2 BPM360 bbls cement returns to surface.

Total Hours: 24

24 Hour Activity Summary:

Page 119: Well Name Daily Drilling Report

R/U CSG equip Run 9 5/8" Casing. Circulate Hole clean and condition Mud. Cement Casing

24 Hour Plan Forward:Run 9 5/8" Casing and Cement

Safety FuelLast BOP Test 11/09/2014 Last BOP Drill 11/16/2014 Last Function Test Diesel Used Diesel Recvd Diesel on Loc 8,291

Page 120: Well Name Daily Drilling Report

Daily Cost Report

Well Name: UTL 28-17-1H

Report Date: 11/29/2014

Daily Cost $51,809

Intangible Costs

Code Description Comments Daily Cum 830.010 Permits, Licenses, ect $3,000

830.020 Staking & Surveying $5,000

830.030 Road, Locations $92,489

830.035 Mobilization/Demobilization $172,500

830.040 Daywork Contract Basin 104 Day Rate $20,000 $826,250

830.050 Mouse/Rathole/Conduct Pipe $28,300

830.055 Directional Drilling & Survey Day rate Newsco. $3,975 $305,973

830.060 Bits, Tools, Stabalizers $125,719

830.065 Fuel, Power $234,844

830.070 Equipment Rental $-4,838 $238,613

830.071 Hot Shot Trucking $436 $11,322

830.075 Mud & Chemicals $16,930 $147,625

830.080 Mud Logging Standby day rate is $756 full rate is $945 a day $756 $43,293

830.090 Core Analysis

830.095 Openhole Logging

830.100 Cement Services $64,650

830.110 Casing Crew & Equipment L/D Machine PLMS $9,300 $30,095

830.120 Contract Labor Final Touch. Clean camp $270 $60,404

830.160 Fishing Services $24,207

830.165 Drill Water FW for cement and camps SKT $1,080 $34,000

830.175 Supervision Nate Baxter , Tate Edeler $3,900 $225,400

830.185 Insurance $35,000

830.190 Legal $10,000

830.195 P&A/TA Costs

840.100 Cement Services (4-1/2" Liner)

Total Intangible $51,809 $2,718,684Tangible Costs

Code Description Comments Daily Cum 850.010 Conductor Casing - 13-3/8" $32,219

850.015 Surface Casing - 9-5/8"

850.120 Intermediate Casing - 7"

850.145 Wellhead Equipment $29,934

850.150 Float equipment, Centralizers & DVT

850.275 Tangible Contingency $536,108

860.030 Production Casing - 4-1/2"

860.035 Liner Hanger - 4-1/2"

Total Tangible $598,260Total Costs $51,809 $3,316,944

WellEz Information Management Ver4.21.14bg

Page 121: Well Name Daily Drilling Report

Daily Drilling ReportWell Name UTL 28-17-1H

Report Date 11/30/2014

Field University Lands Supervisor Nate Baxter Report No. 55Location Supervisor 2 Tate Edeler DFS 47County Ward Rig Phone Spud Date 10/14/2014Rig Name 104 Rig Email AFE $6,178,695.00

KB 22.5 Daily Footage Daily Cost $107,944.87

Depth (MD) 10,715 TVD at Bit 10,705 Cum. Cost $3,424,889.08

Estimated TD 21,100

Casing Data

Type Size Weight Grade Connection Top Bottom Shoe TestSurface 13-3/8 48.0 J55 8 Rnd STC 919' 10 ppg

Mud Properties Last Survey BHAType Brine Depth Inc Azi Component Length ID ODWeight 10.1 Drill Bit 1.00' 8.75FV 402 Motor 29.54' 6.75PV 9 Drilling Parameters Sub 3.05' 2.50 6.50YP 16 Max WOB Monel Collar 29.94' 2.50 6.48LCM (ppb) Max RPM Monel Collar 29.71' 3.25 6.48Chlorides 157000 Max Torque Drill Pipe 568.76' 3.83 4.50% Solids 2.7 Max Pull Drill Pipe 368.70' 2.75 4.50Daily Losses Bkgrnd Gas X-Over 2.60' 2.25 6.50Total Losses Max Gas Drill Pipe 936.94' 2.50 4.50

Cnx GasTrip Gas

Total Length: 1970.24

Bit InfoBit # Size Make Type S/N Jets In Out Footage Hrs ROP Grade14 8.75 Security MMD55DM 12435465 5X22 10,721' -------

-------

-------

-------

Activity Summary (6:00am - 6:00am)From To Hours P / U Summary

6:00 9:00 3.00 PlannedRig down Tesco casing crew and CRT tool. Pumped 120 bbls fresh water through kill line and flushed stack and flow line of any residual cement.

9:00 11:00 2.00 Planned Set packoff and ran in lock down pins. Packed off and tested to 5000 psi tested good. Realeased pressure and shut in valves.

11:00 11:30 0.50 Planned Rig Service

11:30 13:00 1.50 Planned Cleaned rig floor and inspected all floor equipment. Changed out dies on the iron roughneck. Preped for picking up BHA.

13:00 14:00 1.00 Planned Strapped BHA and picked up to run in the hole.

14:00 17:00 3.00 Planned TIH with BHA and test tools.

17:00 18:00 1.00 Planned Change out saber sub on the Tesco top drive.

18:00 22:00 4.00 Planned TIH to 7116'

22:00 23:00 1.00 Planned Transferring drill mud from inner reserve to rebuild fluid volume in the mud tanks.

23:00 1:00 2.00 Planned

Drill out Float Collar and shoe track.WOB= 5-8GPM= 300-400ROT=15-30Torque limiter on the Tesco top drive set at 6400 psi

1:00 6:00 5.00 UnPlanned Wash and ream F/ 7200' T/7973'.

Total Hours: 24

24 Hour Activity Summary:Pick up BHA and TIH to drill out FC and Shoe Track.

24 Hour Plan Forward:Finishing TIH to bottom and drill curve.

Safety FuelLast BOP Test 11/09/2014 Last BOP Drill 11/16/2014 Last Function Test Diesel Used 1,780 Diesel Recvd Diesel on Loc 6,511

Page 122: Well Name Daily Drilling Report

Daily Cost Report

Well Name: UTL 28-17-1H

Report Date: 11/30/2014

Daily Cost $107,945

Intangible Costs

Code Description Comments Daily Cum 830.010 Permits, Licenses, ect $3,000

830.020 Staking & Surveying $5,000

830.030 Road, Locations $92,489

830.035 Mobilization/Demobilization $172,500

830.040 Daywork Contract Basin 104 Day Rate $20,000 $846,250

830.050 Mouse/Rathole/Conduct Pipe $28,300

830.055 Directional Drilling & Survey Day rate Newsco. $3,975 $309,948

830.060 Bits, Tools, Stabalizers $125,719

830.065 Fuel, Power $234,844

830.070 Equipment Rental $-4,838 $233,775

830.071 Hot Shot Trucking $11,322

830.075 Mud & Chemicals $147,625

830.080 Mud Logging Standby day rate is $756 full rate is $945 a day $756 $44,049

830.090 Core Analysis

830.095 Openhole Logging

830.100 Cement Services $64,650

830.110 Casing Crew & Equipment $30,095

830.120 Contract Labor $60,404

830.160 Fishing Services $24,207

830.165 Drill Water $34,000

830.175 Supervision Nate Baxter , Tate Edeler $3,900 $229,300

830.185 Insurance $35,000

830.190 Legal $10,000

830.195 P&A/TA Costs

840.100 Cement Services (4-1/2" Liner)

Total Intangible $23,793 $2,742,477Tangible Costs

Code Description Comments Daily Cum 850.010 Conductor Casing - 13-3/8" $32,219

850.015 Surface Casing - 9-5/8" Compass Cementing for intermediate. $81,437 $81,437

850.120 Intermediate Casing - 7"

850.145 Wellhead Equipment Cameron set casing hanger and pack off. $2,715 $32,649

850.150 Float equipment, Centralizers & DVT

850.275 Tangible Contingency $536,108

860.030 Production Casing - 4-1/2"

860.035 Liner Hanger - 4-1/2"

Total Tangible $84,152 $682,412Total Costs $107,945 $3,424,889

WellEz Information Management Ver4.21.14bg

Page 123: Well Name Daily Drilling Report

Daily Drilling ReportWell Name UTL 28-17-1H

Report Date 12/01/2014

Field University Lands Supervisor Nate Baxter Report No. 56Location Supervisor 2 Tate Edeler DFS 48County Ward Rig Phone Spud Date 10/14/2014Rig Name 104 Rig Email AFE $6,178,695.00

KB 22.5 Daily Footage Daily Cost $69,521.75

Depth (MD) 10,715 TVD at Bit 10,705 Cum. Cost $3,702,055.83

Estimated TD 21,100

Casing Data

Type Size Weight Grade Connection Top Bottom Shoe TestSurface 13-3/8 48.0 J55 8 Rnd STC 919' 10 ppg

Mud Properties Last Survey BHAType Brine Depth Inc Azi Component Length ID ODWeight 10.1 Drill Bit 1.00' 8.75FV 402 Motor 29.54' 6.75PV 9 Drilling Parameters Sub 3.05' 2.50 6.50YP 16 Max WOB Monel Collar 29.94' 2.50 6.48LCM (ppb) Max RPM Monel Collar 29.71' 3.25 6.48Chlorides 157000 Max Torque Drill Pipe 568.76' 3.83 4.50% Solids 2.7 Max Pull Drill Pipe 368.70' 2.75 4.50Daily Losses Bkgrnd Gas X-Over 2.60' 2.25 6.50Total Losses Max Gas Drill Pipe 936.94' 2.50 4.50

Cnx GasTrip Gas

Total Length: 1970.24

Bit InfoBit # Size Make Type S/N Jets In Out Footage Hrs ROP Grade14 8.75 Security MMD55DM 12435465 5X22 10,721' 10,721' 8-8-CT-C/S/T-1-X-DBR-ROP

-------

-------

-------

Activity Summary (6:00am - 6:00am)From To Hours P / U Summary

6:00 8:00 2.00 Planned

Circulate hole clean and condition mud.300 gpms 20 rpms reciprocate pipeDump truck loads of cuttings, LCM, hole fill clobbered mud unloading. Presumed fill from bottom hole that hasn't been circulated for weeks while working stuck pipe.Verified hole clean on shakers

8:00 10:00 2.00 UnPlanned

Working on Mud pumps.Suction screens plugging up with cuttings, wiper rubber and shoe / float material from drill out.valve alignment issue with rig personnel allowing returns from hole to make it all the way to pumps without any processing of the solids.

10:00 11:30 1.50 Planned

TIH F/7,973' - T/9,195'Achieved correct displacement.Slick hole.

11:30 12:00 0.50 PlannedRig service.Service brakes on Draworks

12:00 13:00 1.00 Planned

TIH F/9,195'- T/10,506'Achieved correct displacement.Slick hole.

13:00 17:00 4.00 UnPlanned

Took on weight @ 10,506' and attempted circulation. Pumps plugging up due to debris in pits. Unable to circulate.Reciprocate pipe while jetting and cleaning pits.

17:00 20:30 3.50 Planned

Wash and Ream F/10,506' - T/ 10,721'Observed 215' of hole fill.400 GPM 20 RPM 5-10 WOB 4-6 kft-lbs

20:30 2:30 6.00 Planned TOOH to pick up Milling assembly.

2:30 3:30 1.00 PlannedBreak out bit and rack motor and 6.5 NMDC in the derrick. Motor drained on it's own and had 3/8 squat in it. The Security bit was worn and out of gauge with chipped teeth and DBR.

3:30 6:00 2.50 PlannedRig Service. Go through mud pumps , install wear bushing , clean up rig floor and prep for TIH with milling assembly. Slip and Cut drill line.

Total Hours: 24

24 Hour Activity Summary:Wash and ream T/10712'. Trouble shoot pumps and mud tanks. TOOH for milltooth assembly.

24 Hour Plan Forward:TIH with milling assembly. Mill out junk in the hole.

Safety FuelLast BOP Test 11/09/2014 Last BOP Drill 11/16/2014 Last Function Test Diesel Used 1,357 Diesel Recvd Diesel on Loc 5,154

Page 124: Well Name Daily Drilling Report

Daily Cost Report

Well Name: UTL 28-17-1H

Report Date: 12/01/2014

Daily Cost $69,522

Intangible Costs

Code Description Comments Daily Cum 830.010 Permits, Licenses, ect $3,000

830.020 Staking & Surveying $5,000

830.030 Road, Locations $92,489

830.035 Mobilization/Demobilization $172,500

830.040 Daywork Contract Basin 104 Day Rate $20,000 $866,250

830.050 Mouse/Rathole/Conduct Pipe $28,300

830.055 Directional Drilling & Survey Day rate Newsco. $7,950 $325,543

830.060 Bits, Tools, Stabalizers $125,719

830.065 Fuel, Power $234,844

830.070 Equipment Rental $-4,838 $228,937

830.071 Hot Shot Trucking Delivered ditch magnets for mill job. $300 $11,622

830.075 Mud & Chemicals $147,625

830.080 Mud Logging Standby day rate is $756 full rate is $945 a day $756 $44,805

830.090 Core Analysis

830.095 Openhole Logging

830.100 Cement Services $146,087

830.110 Casing Crew & Equipment Tesco 9 5/8 intermediate run. $34,012 $64,107

830.120 Contract Labor CWS modifications on the mud pits. $3,430 $63,834

830.160 Fishing Services $24,207

830.165 Drill Water Transfer frac tanks and deliver brine $4,012 $38,012

830.175 Supervision Nate Baxter , Tate Edeler $3,900 $233,200

830.185 Insurance $35,000

830.190 Legal $10,000

830.195 P&A/TA Costs

840.100 Cement Services (4-1/2" Liner)

Total Intangible $69,522 $2,901,081Tangible Costs

Code Description Comments Daily Cum 850.010 Conductor Casing - 13-3/8" $32,219

850.015 Surface Casing - 9-5/8" $200,000

850.120 Intermediate Casing - 7"

850.145 Wellhead Equipment $32,649

850.150 Float equipment, Centralizers & DVT

850.275 Tangible Contingency $536,108

860.030 Production Casing - 4-1/2"

860.035 Liner Hanger - 4-1/2"

Total Tangible $800,975Total Costs $69,522 $3,702,056

WellEz Information Management Ver4.21.14bg

Page 125: Well Name Daily Drilling Report

Daily Drilling ReportWell Name UTL 28-17-1H

Report Date 12/02/2014

Field University Lands Supervisor Nate Baxter Report No. 57Location Supervisor 2 Tate Edeler DFS 49County Ward Rig Phone Spud Date 10/14/2014Rig Name 104 Rig Email AFE $6,178,695.00

KB 22.5 Daily Footage Daily Cost $31,161.00

Depth (MD) 10,715 TVD at Bit 10,705 Cum. Cost $3,736,842.83

Estimated TD 21,100

Casing Data

Type Size Weight Grade Connection Top Bottom Shoe TestSurface 13-3/8 48.0 J55 8 Rnd STC 15' 919' 10 ppgIntermediate 9-5/8 40.0 J-55 LTC 15' 7,160'

Mud Properties Last Survey BHAType Brine Depth Inc Azi Component Length ID ODWeight 9.8 Drill Bit 1.00' 8.75FV 40 Motor 29.54' 6.75PV 6 Drilling Parameters Sub 3.05' 2.50 6.50YP 10 Max WOB Monel Collar 29.94' 2.50 6.48LCM (ppb) Max RPM Monel Collar 29.71' 3.25 6.48Chlorides 156000 Max Torque Drill Pipe 568.76' 3.83 4.50% Solids 1.5 Max Pull Drill Pipe 368.70' 2.75 4.50Daily Losses Bkgrnd Gas X-Over 2.60' 2.25 6.50Total Losses Max Gas Drill Pipe 936.94' 2.50 4.50

Cnx GasTrip Gas

Total Length: 1970.24

Bit InfoBit # Size Make Type S/N Jets In Out Footage Hrs ROP Grade14 8.75 Security MMD55DM 12435465 5X22 10,721' 10,721' 8-8-CT-C/S/T-1-X-DBR-ROP

-------

-------

-------

Activity Summary (6:00am - 6:00am)From To Hours P / U Summary6:00 9:30 3.50 Planned Lay out and strap milling assembly. Pick up assembly and TIH.

9:30 16:00 6.50 Planned TIH T/10698' Installed rotating head.

16:00 20:00 4.00 Drilling

Mill F/10698' T/10711'.WOB=3-6ROT= 60-110GPM=350-500 Pumped weighted high vis sweep and had metal shavings over the shakers at BU. Ditch magnets were pulled from the possum bellies and cleaned yielding about 30 pounds of material.

20:00 22:30 2.50 Planned Lost torque and decision was made to TOOH for inspection.TOOH with milling assembly T/7063'

22:30 0:30 2.00 Planned Slip and cut 91' drill line.

0:30 2:15 1.75 Planned Adjust BOP stack and Top Drive track.

2:15 6:00 3.75 Planned TOOH F/7063 T/Surface.

Total Hours: 24

24 Hour Activity Summary:Pick up milling assembly and TIH T/10707' tag fish and begin milling process. TOOH

24 Hour Plan Forward:Inspect milling assembly. Plan forward undetermined at report time further action determined upon inspection of milling assembly.

Safety FuelLast BOP Test 11/09/2014 Last BOP Drill 11/16/2014 Last Function Test Diesel Used Diesel Recvd Diesel on Loc 5,154

Page 126: Well Name Daily Drilling Report

Daily Cost Report

Well Name: UTL 28-17-1H

Report Date: 12/02/2014

Daily Cost $31,161

Intangible Costs

Code Description Comments Daily Cum 830.010 Permits, Licenses, ect $3,000

830.020 Staking & Surveying $5,000

830.030 Road, Locations $92,489

830.035 Mobilization/Demobilization $172,500

830.040 Daywork Contract Basin 104 Day Rate $20,000 $886,250

830.050 Mouse/Rathole/Conduct Pipe $28,300

830.055 Directional Drilling & Survey Day rate Newsco. $7,950 $333,493

830.060 Bits, Tools, Stabalizers $125,719

830.065 Fuel, Power $234,844

830.070 Equipment Rental $-2,474 $230,089

830.071 Hot Shot Trucking $11,622

830.075 Mud & Chemicals $147,625

830.080 Mud Logging Standby day rate is $756 full rate is $945 a day $945 $45,750

830.090 Core Analysis

830.095 Openhole Logging

830.100 Cement Services $146,087

830.110 Casing Crew & Equipment $64,107

830.120 Contract Labor SKT frac tank return 2 tanks. $840 $64,674

830.160 Fishing Services $24,207

830.165 Drill Water $38,012

830.175 Supervision Nate Baxter , Tate Edeler $3,900 $237,100

830.185 Insurance $35,000

830.190 Legal $10,000

830.195 P&A/TA Costs

840.100 Cement Services (4-1/2" Liner)

Total Intangible $31,161 $2,935,868Tangible Costs

Code Description Comments Daily Cum 850.010 Conductor Casing - 13-3/8" $32,219

850.015 Surface Casing - 9-5/8" $200,000

850.120 Intermediate Casing - 7"

850.145 Wellhead Equipment $32,649

850.150 Float equipment, Centralizers & DVT

850.275 Tangible Contingency $536,108

860.030 Production Casing - 4-1/2"

860.035 Liner Hanger - 4-1/2"

Total Tangible $800,975Total Costs $31,161 $3,736,843

WellEz Information Management Ver4.21.14bg

Page 127: Well Name Daily Drilling Report

Daily Drilling ReportWell Name UTL 28-17-1H

Report Date 12/03/2014

Field University Lands Supervisor Nate Baxter Report No. 58Location Supervisor 2 Tate Edeler DFS 50County Ward Rig Phone Spud Date 10/14/2014Rig Name 104 Rig Email AFE $6,178,695.00

KB 22.5 Daily Footage Daily Cost $55,244.93

Depth (MD) 10,715 TVD at Bit 10,705 Cum. Cost $3,792,087.76

Estimated TD 21,100

Casing Data

Type Size Weight Grade Connection Top Bottom Shoe TestSurface 13-3/8 48.0 J55 8 Rnd STC 15' 919' 10 ppgIntermediate 9-5/8 40.0 J-55 LTC 15' 7,160'

Mud Properties Last Survey BHAType Brine Depth Inc Azi Component Length ID ODWeight 9.5 Drill Bit 1.00' 8.75FV 40 Motor 32.05' 6.75PV 6 Drilling Parameters Sub 3.05' 2.50 6.50YP 10 Max WOB Monel Collar 29.94' 2.50 6.48LCM (ppb) Max RPM Monel Collar 29.71' 3.25 6.48Chlorides 156000 Max Torque Drill Pipe 568.76' 3.83 4.50% Solids 1.5 Max Pull Drill Pipe 368.70' 2.75 4.50Daily Losses Bkgrnd Gas X-Over 2.60' 2.25 6.50Total Losses Max Gas Drill Pipe 936.94' 2.50 4.50

Cnx GasTrip Gas

Total Length: 1972.75

Bit InfoBit # Size Make Type S/N Jets In Out Footage Hrs ROP Grade15 8.75 SECURITY MMD55DM 12447900 5X22 10,712' -------

-------

-------

-------

Activity Summary (6:00am - 6:00am)From To Hours P / U Summary6:00 7:00 1.00 Planned Cleanout junk basket and make up new milling BHA.

7:00 14:00 7.00 Planned TIH T/10698'.

14:00 14:30 0.50 Planned RIG SERVICE.

14:30 18:00 3.50 Planned

Mill F/10698' T/10712'.ROT=65-110WOB=5=15GPM=400-600Pumping weighted high vis sweeps to clean up well bore.

18:00 0:30 6.50 Planned Pump dry job and POOH for curve assembly F/10712'.

0:30 2:30 2.00 Planned Lay down milling assembly. Pick up curve assembly and and prep for TIH.

2:30 6:00 3.50 Planned TIH T/2000' test MWD tested good . TIH with curve assembly T/7200'.

Total Hours: 24

24 Hour Activity Summary:TIH with new milling assembly. Mill F/10698' T/10715'. TOOH for curve assembly. Pick up curve assembly and TIH T/7200'.

24 Hour Plan Forward:Finish TIH with curve assembly and drill ahead building curve.

Safety FuelLast BOP Test 11/09/2014 Last BOP Drill 11/16/2014 Last Function Test Diesel Used 1,611 Diesel Recvd 6,000 Diesel on Loc 8,862

Page 128: Well Name Daily Drilling Report

Daily Cost Report

Well Name: UTL 28-17-1H

Report Date: 12/03/2014

Daily Cost $55,245

Intangible Costs

Code Description Comments Daily Cum 830.010 Permits, Licenses, ect $3,000

830.020 Staking & Surveying $5,000

830.030 Road, Locations $92,489

830.035 Mobilization/Demobilization $172,500

830.040 Daywork Contract Basin 104 Day Rate $20,000 $906,250

830.050 Mouse/Rathole/Conduct Pipe $28,300

830.055 Directional Drilling & Survey Day rate Newsco. $7,950 $341,443

830.060 Bits, Tools, Stabalizers $125,719

830.065 Fuel, Power Rig Fuel $21,734 $256,578

830.070 Equipment Rental $-2,474 $227,615

830.071 Hot Shot Trucking TEJAS equipment haul $1,030 $12,652

830.075 Mud & Chemicals $147,625

830.080 Mud Logging Standby day rate is $756 full rate is $945 a day $945 $46,695

830.090 Core Analysis

830.095 Openhole Logging

830.100 Cement Services $146,087

830.110 Casing Crew & Equipment $64,107

830.120 Contract Labor Thread protector bin swap out. $800 $65,474

830.160 Fishing Services $24,207

830.165 Drill Water SKT fill camp storage tanks and rig day tank $1,360 $39,372

830.175 Supervision Nate Baxter , Tate Edeler $3,900 $241,000

830.185 Insurance $35,000

830.190 Legal $10,000

830.195 P&A/TA Costs

840.100 Cement Services (4-1/2" Liner)

Total Intangible $55,245 $2,991,112Tangible Costs

Code Description Comments Daily Cum 850.010 Conductor Casing - 13-3/8" $32,219

850.015 Surface Casing - 9-5/8" $200,000

850.120 Intermediate Casing - 7"

850.145 Wellhead Equipment $32,649

850.150 Float equipment, Centralizers & DVT

850.275 Tangible Contingency $536,108

860.030 Production Casing - 4-1/2"

860.035 Liner Hanger - 4-1/2"

Total Tangible $800,975Total Costs $55,245 $3,792,088

WellEz Information Management Ver4.21.14bg

Page 129: Well Name Daily Drilling Report

Daily Drilling ReportWell Name UTL 28-17-1H

Report Date 12/04/2014

Field University Lands Supervisor Nate Baxter Report No. 59Location Supervisor 2 Tate Edeler DFS 51County Ward Rig Phone Spud Date 10/14/2014Rig Name 104 Rig Email AFE $6,178,695.00

KB 22.5 Daily Footage Daily Cost $52,832.00

Depth (MD) 10,715 TVD at Bit 10,705 Cum. Cost $3,891,619.76

Estimated TD 21,100

Casing Data

Type Size Weight Grade Connection Top Bottom Shoe TestSurface 13-3/8 48.0 J55 8 Rnd STC 15' 919' 10 ppgIntermediate 9-5/8 40.0 J-55 LTC 15' 7,160'

Mud Properties Last Survey BHAType Brine Depth Inc Azi Component Length ID ODWeight 9.5 Drill Bit 1.00' 8.75FV 40 Motor 32.05' 6.75PV 6 Drilling Parameters Sub 3.05' 2.50 6.50YP 10 Max WOB Monel Collar 29.94' 2.50 6.48LCM (ppb) Max RPM Monel Collar 29.71' 3.25 6.48Chlorides 136000 Max Torque Drill Pipe 568.76' 3.83 4.50% Solids 1.5 Max Pull Drill Pipe 368.70' 2.75 4.50Daily Losses Bkgrnd Gas X-Over 2.60' 2.25 6.50Total Losses Max Gas Drill Pipe 936.94' 2.50 4.50

Cnx GasTrip Gas

Total Length: 1972.75

Bit InfoBit # Size Make Type S/N Jets In Out Footage Hrs ROP Grade15 8.75 SECURITY MMD55DM 12447900 5X22 10,712' 10,712' 8-8-CT/BT/RG-C/N/S/G-1-x-DBR-

-------

-------

-------

Activity Summary (6:00am - 6:00am)From To Hours P / U Summary

6:00 8:00 2.00 Planned

TIH W/Curve AssymF/7,200' - T/10,700'Precautionary Wash F/10,700' - /10,711'No fill observed.Achieved calculated displacement during trip.Fill pipe every 30 stnds

8:00 10:30 2.50 UnPlanned

Attempt to drill ahead.F/10,711' - T/10,717'Weight increase with no differential or torque to mirror.Trouble shoot and analyze.Presumed junk in hole and bit damage

10:30 14:30 4.00 UnPlanned

TOOH for OH Whip stockF/10, 717' - T/ 7,100'Pull Rott headAchieved calculated hole fillslick hole

14:30 15:30 1.00 Planned Slip and cut drill line

15:30 22:00 6.50 UnPlanned

TOOH for OH Whip stockF/7,100'- T/ surface.P/U Single and rack back DD MonelsL/D MWDFlush Motor out twice and good surface check on it.Bit was DBR. L/D Bit/MotorClean and clear floor.Achieved calculated hole fill

22:00 4:00 6.00 Planned

Stage and strap OH anchor set/packer whip stock.Verified whip stock set for 3 deg.P/U 5 cycle valve and run in hole. Good test.Pull out and reset valve.Pick up OH whip stock tools.

4:00 6:00 2.00 Planned

Run Open Hole Whip stock in HoleF/Surface - T/2201.Running in the hole at 45' per minute as recommended by Schlumberger Whipstock Tech.

Total Hours: 24

24 Hour Activity Summary:TIH with curve assembly tag bottom and proceeded to drill ahead , no footage drilled. TOH to pick up whipstock.TIH with whipstock assembly.

24 Hour Plan Forward:

Page 130: Well Name Daily Drilling Report

TIH with whip stock assembly and set.

Safety FuelLast BOP Test 11/09/2014 Last BOP Drill 11/16/2014 Last Function Test Diesel Used 1,055 Diesel Recvd Diesel on Loc 7,807

Page 131: Well Name Daily Drilling Report

Daily Cost Report

Well Name: UTL 28-17-1H

Report Date: 12/04/2014

Daily Cost $52,832

Intangible Costs

Code Description Comments Daily Cum 830.010 Permits, Licenses, ect $3,000

830.020 Staking & Surveying $5,000

830.030 Road, Locations $92,489

830.035 Mobilization/Demobilization $172,500

830.040 Daywork Contract Basin 104 Day Rate $20,000 $926,250

830.050 Mouse/Rathole/Conduct Pipe $28,300

830.055 Directional Drilling & Survey Day rate Newsco. $7,950 $349,393

830.060 Bits, Tools, Stabalizers DBR Security Bit $12,000 $137,719

830.065 Fuel, Power $256,578

830.070 Equipment Rental $5,726 $274,341

830.071 Hot Shot Trucking Tejas $611 $13,263

830.075 Mud & Chemicals $147,625

830.080 Mud Logging Standby day rate is $756 full rate is $945 a day $945 $47,640

830.090 Core Analysis

830.095 Openhole Logging

830.100 Cement Services $146,087

830.110 Casing Crew & Equipment $64,107

830.120 Contract Labor $71,174

830.160 Fishing Services $24,207

830.165 Drill Water SKT 900 bbls fresh water for camps and rig and cem $1,700 $41,072

830.175 Supervision Nate Baxter , Tate Edeler $3,900 $244,900

830.185 Insurance $35,000

830.190 Legal $10,000

830.195 P&A/TA Costs

840.100 Cement Services (4-1/2" Liner)

Total Intangible $52,832 $3,090,644Tangible Costs

Code Description Comments Daily Cum 850.010 Conductor Casing - 13-3/8" $32,219

850.015 Surface Casing - 9-5/8" $200,000

850.120 Intermediate Casing - 7"

850.145 Wellhead Equipment $32,649

850.150 Float equipment, Centralizers & DVT

850.275 Tangible Contingency $536,108

860.030 Production Casing - 4-1/2"

860.035 Liner Hanger - 4-1/2"

Total Tangible $800,975Total Costs $52,832 $3,891,620

WellEz Information Management Ver4.21.14bg

Page 132: Well Name Daily Drilling Report

Daily Drilling ReportWell Name UTL 28-17-1H

Report Date 12/05/2014

Field University Lands Supervisor Nate Baxter Report No. 60Location Supervisor 2 Tate Edeler DFS 52County Ward Rig Phone Spud Date 10/14/2014Rig Name 104 Rig Email AFE $6,178,695.00

KB 22.5 Daily Footage Daily Cost $49,388.22

Depth (MD) 10,715 TVD at Bit 10,705 Cum. Cost $3,938,355.98

Estimated TD 21,100

Casing Data

Type Size Weight Grade Connection Top Bottom Shoe TestSurface 13-3/8 48.0 J55 8 Rnd STC 15' 919' 10 ppgIntermediate 9-5/8 40.0 J-55 LTC 15' 7,160'

Mud Properties Last Survey BHAType Brine Depth Inc Azi Component Length ID ODWeight 9.6 Drill Bit 1.00' 8.75FV 30 Motor 32.05' 6.75PV 6 Drilling Parameters Sub 3.05' 2.50 6.50YP 10 Max WOB Monel Collar 29.94' 2.50 6.48LCM (ppb) Max RPM Monel Collar 29.71' 3.25 6.48Chlorides 115000 Max Torque Drill Pipe 568.76' 3.83 4.50% Solids 0.75 Max Pull Drill Pipe 368.70' 2.75 4.50Daily Losses Bkgrnd Gas X-Over 2.60' 2.25 6.50Total Losses Max Gas Drill Pipe 936.94' 2.50 4.50

Cnx GasTrip Gas

Total Length: 1972.75

Bit InfoBit # Size Make Type S/N Jets In Out Footage Hrs ROP Grade15 8.75 SECURITY MMD55DM 12447900 5X22 10,712' 10,712' 8-8-CT/BT/RG-C/N/S/G-1-x-DBR-

-------

-------

-------

Activity Summary (6:00am - 6:00am)From To Hours P / U Summary6:00 13:00 7.00 Planned TIH F/2300' T/10715'. Fill pipe and prep to orient whipstock .

13:00 15:00 2.00 PlannedMWD on line using two pump cycles. Oriented whipstock to 243 deg azm 3rd pump cycle. 4th and 5th pump cycles orientation stayed at 243 deg. 6th pump cycle pump psi 3000 worked sheer pin pick up 55k over slack off 75k and sheer pin pump psi bled off.

15:00 6:00 15.00 Planned

Mill F/10681' T'10694' . Schlumberger hands on track with milling operations.WOB=5-18ROT=45-100GPM=300=550

Total Hours: 24

24 Hour Activity Summary:TIH with milling assembly and set whipstock. Mill F/10681' T/10694'.

24 Hour Plan Forward:Finishg milling whipstock. TOOH for curve assembly.

Safety FuelLast BOP Test 11/09/2014 Last BOP Drill 11/16/2014 Last Function Test Diesel Used 996 Diesel Recvd Diesel on Loc 6,811

Page 133: Well Name Daily Drilling Report

Daily Cost Report

Well Name: UTL 28-17-1H

Report Date: 12/05/2014

Daily Cost $49,388

Intangible Costs

Code Description Comments Daily Cum 830.010 Permits, Licenses, ect $3,000

830.020 Staking & Surveying $5,000

830.030 Road, Locations $92,489

830.035 Mobilization/Demobilization $172,500

830.040 Daywork Contract Basin 104 Day Rate $20,000 $946,250

830.050 Mouse/Rathole/Conduct Pipe $28,300

830.055 Directional Drilling & Survey Day rate Newsco. $7,950 $357,343

830.060 Bits, Tools, Stabalizers $137,719

830.065 Fuel, Power $256,578

830.070 Equipment Rental $4,295 $275,984

830.071 Hot Shot Trucking Pipe Bunks , back haul to JPE yard. $750 $14,013

830.075 Mud & Chemicals $147,625

830.080 Mud Logging Standby day rate is $756 full rate is $945 a day $945 $48,585

830.090 Core Analysis

830.095 Openhole Logging

830.100 Cement Services $146,087

830.110 Casing Crew & Equipment $64,107

830.120 Contract Labor CWS loader and operator. Camp cleaning $4,140 $75,314

830.160 Fishing Services $24,207

830.165 Drill Water $41,072

830.175 Supervision Nate Baxter , Tate Edeler $3,900 $248,800

830.185 Insurance $35,000

830.190 Legal $10,000

830.195 P&A/TA Costs

840.100 Cement Services (4-1/2" Liner)

Total Intangible $41,980 $3,129,972Tangible Costs

Code Description Comments Daily Cum 850.010 Conductor Casing - 13-3/8" $32,219

850.015 Surface Casing - 9-5/8" $200,000

850.120 Intermediate Casing - 7" D&R Services Clean,Drift ,Tally 7' Intermediate $3,041 $3,041

850.145 Wellhead Equipment $32,649

850.150 Float equipment, Centralizers & DVT Float Equipment for 7' Intermediate $4,367 $4,367

850.275 Tangible Contingency $536,108

860.030 Production Casing - 4-1/2"

860.035 Liner Hanger - 4-1/2"

Total Tangible $7,408 $808,384Total Costs $49,388 $3,938,356

WellEz Information Management Ver4.21.14bg

Page 134: Well Name Daily Drilling Report

Daily Drilling ReportWell Name UTL 28-17-1H

Report Date 12/06/2014

Field University Lands Supervisor Nate Baxter Report No. 61Location Supervisor 2 Tate Edeler DFS 53County Ward Rig Phone Spud Date 10/14/2014Rig Name 104 Rig Email AFE $6,178,695.00

KB 22.5 Daily Footage Daily Cost $36,780.00

Depth (MD) 10,715 TVD at Bit 10,705 Cum. Cost $3,974,944.98

Estimated TD 21,100

Casing Data

Type Size Weight Grade Connection Top Bottom Shoe TestSurface 13-3/8 48.0 J55 8 Rnd STC 15' 919' 10 ppgIntermediate 9-5/8 40.0 J-55 LTC 15' 7,160'

Mud Properties Last Survey BHAType Brine Depth Inc Azi Component Length ID ODWeight 9.6 Drill Bit 1.00' 8.75FV 30 Motor 32.05' 6.75PV 6 Drilling Parameters Sub 3.05' 2.50 6.50YP 10 Max WOB Monel Collar 29.94' 2.50 6.48LCM (ppb) Max RPM Monel Collar 29.71' 3.25 6.48Chlorides 115000 Max Torque Drill Pipe 568.76' 3.83 4.50% Solids 0.75 Max Pull Drill Pipe 368.70' 2.75 4.50Daily Losses Bkgrnd Gas X-Over 2.60' 2.25 6.50Total Losses Max Gas Drill Pipe 936.94' 2.50 4.50

Cnx GasTrip Gas

Total Length: 1972.75

Bit InfoBit # Size Make Type S/N Jets In Out Footage Hrs ROP Grade15 8.75 SECURITY MMD55DM 12447900 5X22 10,712' 10,712' 8-8-CT/BT/RG-C/N/S/G-1-x-DBR-

-------

-------

-------

Activity Summary (6:00am - 6:00am)From To Hours P / U Summary

6:00 8:30 2.50 Planned

Mill T/ 10696' with Schlumberger mill assembly.WOB=5-18GPM=300-500ROT=45-100

8:30 14:30 6.00 Planned Pump 30 bbl dry job and TOH F/10696' for new milling assembly.

14:30 16:30 2.00 Planned Lay down assembly and pick up new milling assembly.

16:30 21:15 4.75 Planned TIH with new assembly T/ 10695'.

21:15 6:00 8.75 Planned

Mill off whipstock and 6' of new formation F/10696' T/ 10702'.WOB=5-18GPM=300-500ROT=45-100

Total Hours: 24

24 Hour Activity Summary:TOH with mill assembly F/10696'. TIH with new mill and drill off whip stock and 6' new formation.

24 Hour Plan Forward:Finish milling off of whipstock and TOH for curve assembly.

Safety FuelLast BOP Test 11/09/2014 Last BOP Drill 11/16/2014 Last Function Test Diesel Used 1,794 Diesel Recvd Diesel on Loc 5,017

Page 135: Well Name Daily Drilling Report

Daily Cost Report

Well Name: UTL 28-17-1H

Report Date: 12/06/2014

Daily Cost $36,780

Intangible Costs

Code Description Comments Daily Cum 830.010 Permits, Licenses, ect $3,000

830.020 Staking & Surveying $5,000

830.030 Road, Locations $92,489

830.035 Mobilization/Demobilization $172,500

830.040 Daywork Contract Basin 104 Day Rate $20,000 $966,250

830.050 Mouse/Rathole/Conduct Pipe $28,300

830.055 Directional Drilling & Survey Day rate Newsco. $7,950 $365,293

830.060 Bits, Tools, Stabalizers $137,719

830.065 Fuel, Power $256,578

830.070 Equipment Rental $3,245 $279,038

830.071 Hot Shot Trucking Newsco Tool Haul $740 $14,753

830.075 Mud & Chemicals $147,625

830.080 Mud Logging Standby day rate is $756 full rate is $945 a day $945 $49,530

830.090 Core Analysis

830.095 Openhole Logging

830.100 Cement Services $146,087

830.110 Casing Crew & Equipment $64,107

830.120 Contract Labor $75,314

830.160 Fishing Services $24,207

830.165 Drill Water $41,072

830.175 Supervision Nate Baxter , Tate Edeler $3,900 $252,700

830.185 Insurance $35,000

830.190 Legal $10,000

830.195 P&A/TA Costs

840.100 Cement Services (4-1/2" Liner)

Total Intangible $36,780 $3,166,561Tangible Costs

Code Description Comments Daily Cum 850.010 Conductor Casing - 13-3/8" $32,219

850.015 Surface Casing - 9-5/8" $200,000

850.120 Intermediate Casing - 7" $3,041

850.145 Wellhead Equipment $32,649

850.150 Float equipment, Centralizers & DVT $4,367

850.275 Tangible Contingency $536,108

860.030 Production Casing - 4-1/2"

860.035 Liner Hanger - 4-1/2"

Total Tangible $808,384Total Costs $36,780 $3,974,945

WellEz Information Management Ver4.21.14bg

Page 136: Well Name Daily Drilling Report

Daily Drilling ReportWell Name UTL 28-17-1H

Report Date 12/08/2014

Field University Lands Supervisor Nate Baxter Report No. 63Location Supervisor 2 Tate Edeler DFS 55County Ward Rig Phone Spud Date 10/14/2014Rig Name 104 Rig Email AFE $6,178,695.00

KB 22.5 Daily Footage Daily Cost $36,682.75

Depth (MD) 10,715 TVD at Bit 10,705 Cum. Cost $4,207,253.45

Estimated TD 21,100

Casing Data

Type Size Weight Grade Connection Top Bottom Shoe TestSurface 13-3/8 48.0 J55 8 Rnd STC 15' 919' 10 ppgIntermediate 9-5/8 40.0 J-55 LTC 15' 7,160'

Mud Properties Last Survey BHAType Brine Depth Inc Azi Component Length ID ODWeight 9.8 Drill Bit 1.00' 8.75FV 30 Motor 32.05' 6.75PV 6 Drilling Parameters Sub 3.05' 2.50 6.50YP 10 Max WOB Monel Collar 29.94' 2.50 6.48LCM (ppb) Max RPM Monel Collar 29.71' 3.25 6.48Chlorides 115000 Max Torque Drill Pipe 568.76' 3.83 4.50% Solids 0.75 Max Pull Drill Pipe 368.70' 2.75 4.50Daily Losses Bkgrnd Gas X-Over 2.60' 2.25 6.50Total Losses Max Gas Drill Pipe 936.94' 2.50 4.50

Cnx GasTrip Gas

Total Length: 1972.75

Bit InfoBit # Size Make Type S/N Jets In Out Footage Hrs ROP Grade15 8.75 SECURITY MMD55DM 12447900 5X22 10,712' 10,712' 8-8-CT/BT/RG-C/N/S/G-1-x-DBR-

-------

-------

-------

Activity Summary (6:00am - 6:00am)From To Hours P / U Summary6:00 7:00 1.00 Planned Finish TOOH F/850' T/surface. Fish was not intact.

7:00 8:00 1.00 Planned Lay down fishing assembly.

8:00 8:30 0.50 Planned Rig Service

8:30 13:00 4.50 Planned Clean rig floor check all surface equipment. Strap new fishing assembly and prep for TIH.

13:00 14:00 1.00 Planned Make up fishing assembly #2.

14:00 18:00 4.00 Planned TIH F/ surface T/10629'.

18:00 20:00 2.00 PlannedTag fish at 10683' work grapple over fish with pumps on line. hook fish and work pipe 280K high 100k low rotating for torque. String weight came back to neutral and a pump psi increase was noted. TOOH to verify fish retrieved.

20:00 2:00 6.00 Planned Pump dry job and TOOH F/10683' T/surface. No fish attached.

2:00 3:00 1.00 Planned Lay down fishing tools.

3:00 4:00 1.00 Planned Make up wear bushing puller and pull wear bushing.

4:00 6:00 2.00 Planned Test BOP's.

Total Hours: 24

24 Hour Activity Summary:TOOH verify non capture of fish. Pick up new fishing assembly and TIH. Tag fish @ 10683' work fishing assembly and TOOH for verification of capture. Test BOP's and slip/cut drill line.

24 Hour Plan Forward:Finish testing BOP's and slip/cut . Pickup new fishing assembly with spear and TIH for fishing procedure #3.

Safety FuelLast BOP Test 11/09/2014 Last BOP Drill 11/16/2014 Last Function Test Diesel Used 1,085 Diesel Recvd Diesel on Loc 8,293

Page 137: Well Name Daily Drilling Report

Daily Cost Report

Well Name: UTL 28-17-1H

Report Date: 12/08/2014

Daily Cost $36,683

Intangible Costs

Code Description Comments Daily Cum 830.010 Permits, Licenses, ect $3,000

830.020 Staking & Surveying $5,000

830.030 Road, Locations $92,489

830.035 Mobilization/Demobilization $172,500

830.040 Daywork Contract Basin 104 Day Rate $20,000 $1,006,250

830.050 Mouse/Rathole/Conduct Pipe $28,300

830.055 Directional Drilling & Survey Day rate Newsco. $7,950 $381,193

830.060 Bits, Tools, Stabalizers $137,719

830.065 Fuel, Power $274,444

830.070 Equipment Rental $3,888 $286,171

830.071 Hot Shot Trucking $15,316

830.075 Mud & Chemicals $147,625

830.080 Mud Logging Standby day rate is $756 full rate is $945 a day $945 $51,420

830.090 Core Analysis

830.095 Openhole Logging

830.100 Cement Services $146,087

830.110 Casing Crew & Equipment $64,107

830.120 Contract Labor $75,314

830.160 Fishing Services $24,207

830.165 Drill Water $41,867

830.175 Supervision Nate Baxter , Tate Edeler $3,900 $260,500

830.185 Insurance $35,000

830.190 Legal $10,000

830.195 P&A/TA Costs

840.100 Cement Services (4-1/2" Liner)

Total Intangible $36,683 $3,258,508Tangible Costs

Code Description Comments Daily Cum 850.010 Conductor Casing - 13-3/8" $32,219

850.015 Surface Casing - 9-5/8" $200,000

850.120 Intermediate Casing - 7" $3,041

850.145 Wellhead Equipment $32,649

850.150 Float equipment, Centralizers & DVT $4,367

850.275 Tangible Contingency $676,469

860.030 Production Casing - 4-1/2"

860.035 Liner Hanger - 4-1/2"

Total Tangible $948,745Total Costs $36,683 $4,207,253

WellEz Information Management Ver4.21.14bg

Page 138: Well Name Daily Drilling Report

Daily Drilling ReportWell Name UTL 28-17-1H

Report Date 12/09/2014

Field University Lands Supervisor Nate Baxter Report No. 64Location Supervisor 2 Tate Edeler DFS 56County Ward Rig Phone Spud Date 10/14/2014Rig Name 104 Rig Email AFE $6,178,695.00

KB 22.5 Daily Footage Daily Cost $62,973.00

Depth (MD) 10,715 TVD at Bit 10,705 Cum. Cost $4,270,226.45

Estimated TD 21,100

Casing Data

Type Size Weight Grade Connection Top Bottom Shoe TestSurface 13-3/8 48.0 J55 8 Rnd STC 15' 919' 10 ppgIntermediate 9-5/8 40.0 J-55 LTC 15' 7,160'

Mud Properties Last Survey BHAType Brine Depth Inc Azi Component Length ID ODWeight 9.6 Drill Bit 1.00' 8.75FV 30 Motor 32.05' 6.75PV 2 Drilling Parameters Sub 3.05' 2.50 6.50YP 1 Max WOB Monel Collar 29.94' 2.50 6.48LCM (ppb) Max RPM Monel Collar 29.71' 3.25 6.48Chlorides 118000 Max Torque Drill Pipe 568.76' 3.83 4.50% Solids 1.6 Max Pull Drill Pipe 368.70' 2.75 4.50Daily Losses Bkgrnd Gas X-Over 2.60' 2.25 6.50Total Losses Max Gas Drill Pipe 936.94' 2.50 4.50

Cnx GasTrip Gas

Total Length: 1972.75

Bit InfoBit # Size Make Type S/N Jets In Out Footage Hrs ROP Grade15 8.75 SECURITY MMD55DM 12447900 5X22 10,712' 10,712' 8-8-CT/BT/RG-C/N/S/G-1-x-DBR-

-------

-------

-------

Activity Summary (6:00am - 6:00am)From To Hours P / U Summary6:00 7:30 1.50 Planned Test BOPE.

7:30 8:30 1.00 Planned Install wear bushing.

8:30 12:00 3.50 Planned Slip and cut 15 wraps 103' of drill line.

12:00 13:00 1.00 Planned Make up fishing tools and fabricate spear and grabber.

13:00 18:30 5.50 Planned TIH T/10683' tag fish.

18:30 19:00 0.50 PlannedWork pipe and capture fish. Pickup 224k high 150k low.TOH for verification of capture.

19:00 21:00 2.00 Planned TOOH F/10683' T/9802'. TIH looking for variations in SW to verify fish .Tag bottom and work pipe.

21:00 6:00 9.00 PlannedTOOH F/10683' T/surface.Failed attempt to capture fish

Total Hours: 24

24 Hour Activity Summary:Test BOPE, Install WB. Slip and cut drill line . Makeup fishing tools and fabricate. TIH tag and work fish . TOOH to verify fish retrievel.

24 Hour Plan Forward:Pick up whipstock #2 and TIH. Set whipstock and cement inplace.TOH for milling assembly.

Safety FuelLast BOP Test 11/09/2014 Last BOP Drill 11/16/2014 Last Function Test Diesel Used Diesel Recvd Diesel on Loc 8,293

Page 139: Well Name Daily Drilling Report

Daily Cost Report

Well Name: UTL 28-17-1H

Report Date: 12/09/2014

Daily Cost $62,973

Intangible Costs

Code Description Comments Daily Cum 830.010 Permits, Licenses, ect $3,000

830.020 Staking & Surveying $5,000

830.030 Road, Locations $92,489

830.035 Mobilization/Demobilization $172,500

830.040 Daywork Contract Basin 104 Day Rate $20,000 $1,026,250

830.050 Mouse/Rathole/Conduct Pipe $28,300

830.055 Directional Drilling & Survey Day rate Newsco. $7,950 $389,143

830.060 Bits, Tools, Stabalizers $137,719

830.065 Fuel, Power $274,444

830.070 Equipment Rental $3,245 $289,416

830.071 Hot Shot Trucking $15,316

830.075 Mud & Chemicals $10,137 $157,762

830.080 Mud Logging Standby day rate is $756 full rate is $945 a day $945 $52,365

830.090 Core Analysis

830.095 Openhole Logging

830.100 Cement Services $146,087

830.110 Casing Crew & Equipment $64,107

830.120 Contract Labor Test BOPE $1,695 $77,009

830.160 Fishing Services $24,207

830.165 Drill Water SKT brine and fresh water haul reserve pit $1,445 $43,312

830.175 Supervision Nate Baxter , Tate Edeler $3,900 $264,400

830.185 Insurance $35,000

830.190 Legal $10,000

830.195 P&A/TA Costs

840.100 Cement Services (4-1/2" Liner)

Total Intangible $49,317 $3,307,825Tangible Costs

Code Description Comments Daily Cum 850.010 Conductor Casing - 13-3/8" $32,219

850.015 Surface Casing - 9-5/8" $200,000

850.120 Intermediate Casing - 7" $3,041

850.145 Wellhead Equipment $32,649

850.150 Float equipment, Centralizers & DVT $4,367

850.275 Tangible Contingency Weatherford fishing $13,656 $690,125

860.030 Production Casing - 4-1/2"

860.035 Liner Hanger - 4-1/2"

Total Tangible $13,656 $962,401Total Costs $62,973 $4,270,226

WellEz Information Management Ver4.21.14bg

Page 140: Well Name Daily Drilling Report

Daily Drilling ReportWell Name UTL 28-17-1H

Report Date 12/10/2014

Field University Lands Supervisor Jeff Staples Report No. 65Location Supervisor 2 Major Roberts DFS 57County Ward Rig Phone Spud Date 10/14/2014Rig Name 104 Rig Email AFE $6,178,695.00

KB 22.5 Daily Footage Daily Cost $48,980.62

Depth (MD) 10,715 TVD at Bit 10,705 Cum. Cost $4,320,872.35

Estimated TD 21,100

Casing Data

Type Size Weight Grade Connection Top Bottom Shoe TestSurface 13-3/8 48.0 J55 8 Rnd STC 15' 919' 10 ppgIntermediate 9-5/8 40.0 J-55 LTC 15' 7,160'

Mud Properties Last Survey BHAType Brine Depth Inc Azi Component Length ID ODWeight 9.6 Drill Bit 1.00' 8.75FV 30 Motor 32.05' 6.75PV 2 Drilling Parameters Sub 3.05' 2.50 6.50YP 1 Max WOB Monel Collar 29.94' 2.50 6.48LCM (ppb) Max RPM Monel Collar 29.71' 3.25 6.48Chlorides 118000 Max Torque Drill Pipe 568.76' 3.83 4.50% Solids 1.6 Max Pull Drill Pipe 368.70' 2.75 4.50Daily Losses Bkgrnd Gas X-Over 2.60' 2.25 6.50Total Losses Max Gas Drill Pipe 936.94' 2.50 4.50

Cnx GasTrip Gas

Total Length: 1972.75

Bit InfoBit # Size Make Type S/N Jets In Out Footage Hrs ROP Grade15 8.75 SECURITY MMD55DM 12447900 5X22 10,712' 10,712' 8-8-CT/BT/RG-C/N/S/G-1-x-DBR-

-------

-------

-------

Activity Summary (6:00am - 6:00am)From To Hours P / U Summary6:00 6:30 0.50 Planned Lay down fishing tools

6:30 7:00 0.50 Planned Rig Service

7:00 13:00 6.00 Planned Wait on Whipstock to be built and ship to location

13:00 15:00 2.00 Planned unload whipstock Strap OD/ID whipstock and running tools

15:00 22:30 7.50 Planned

Make up whipstock and Trip in hole @ 60 ftpm F/ Surface T/ 10,675Bottom of whipstock @ 10,675'Top of whipstock @ 10,648'

22:30 3:30 5.00 PlannedRig up Multishot wire line Gyro and Orient whipstockWhipstock orient @ 245.58 deg.

3:30 5:00 1.50 Planned

Drop first ball and let fall for 45 min.rig down wire line while ball is fallingpressure up and set whipstock anchor @ 2,940 psiPerform push/pull test verify anchor set 20k over 20k under.. Pressure up and shear anchor pins @ 3,677 psiDrop 2nd ball and let fall for 35 min. pressure up and release whipstock from running tool @ 2,248psi

5:00 6:00 1.00 Planned

Circulate bottoms up get good mud check before cementing9.6 ppg in/out32 vis

Total Hours: 24

24 Hour Activity Summary:lay down fishing tools, make up whipstock and running tools, trip in hole and orient whipstock @245 deg, set whipstock anchor and release from whipstock, circulate bottoms up

24 Hour Plan Forward:Rig up cmeneters and pump balanced plug, pull 180' circulate bottoms up, trip out hole for curve assembly

Safety FuelLast BOP Test 12/08/2014 Last BOP Drill 12/08/2014 Last Function Test Diesel Used Diesel Recvd Diesel on Loc 8,293

Page 141: Well Name Daily Drilling Report

Daily Cost Report

Well Name: UTL 28-17-1H

Report Date: 12/10/2014

Daily Cost $48,981

Intangible Costs

Code Description Comments Daily Cum 830.010 Permits, Licenses, ect $3,000

830.020 Staking & Surveying $5,000

830.030 Road, Locations $92,489

830.035 Mobilization/Demobilization $172,500

830.040 Daywork Contract Basin 104 Day Rate $20,000 $1,047,915

830.050 Mouse/Rathole/Conduct Pipe $28,300

830.055 Directional Drilling & Survey Day rate Newsco. $7,950 $397,093

830.060 Bits, Tools, Stabalizers $137,719

830.065 Fuel, Power $274,444

830.070 Equipment Rental $3,245 $292,661

830.071 Hot Shot Trucking Tejas- Mud mtr &back haul remaining fishing tools $591 $15,907

830.075 Mud & Chemicals $157,762

830.080 Mud Logging Standby day rate is $756 full rate is $945 a day $945 $53,310

830.090 Core Analysis

830.095 Openhole Logging

830.100 Cement Services $146,087

830.110 Casing Crew & Equipment $64,107

830.120 Contract Labor $77,009

830.160 Fishing Services $24,207

830.165 Drill Water $43,312

830.175 Supervision Jeff Staples, Major Roberts, Nate/Tate trevel Day $3,900 $268,300

830.185 Insurance $35,000

830.190 Legal $10,000

830.195 P&A/TA Costs

840.100 Cement Services (4-1/2" Liner)

Total Intangible $36,631 $3,346,121Tangible Costs

Code Description Comments Daily Cum 850.010 Conductor Casing - 13-3/8" $32,219

850.015 Surface Casing - 9-5/8" $200,000

850.120 Intermediate Casing - 7" $3,041

850.145 Wellhead Equipment $32,649

850.150 Float equipment, Centralizers & DVT $4,367

850.275 Tangible Contingency Multi shot wireline to orient whipstock $12,350 $702,475

860.030 Production Casing - 4-1/2"

860.035 Liner Hanger - 4-1/2"

Total Tangible $12,350 $974,751Total Costs $48,981 $4,320,872

WellEz Information Management Ver4.21.14bg

Page 142: Well Name Daily Drilling Report

Daily Drilling ReportWell Name UTL 28-17-1H

Report Date 12/11/2014

Field University Lands Supervisor Jeff Staples Report No. 66Location Supervisor 2 Major Roberts DFS 58County Ward Rig Phone Spud Date 10/14/2014Rig Name 104 Rig Email AFE $6,178,695.00

KB 22.5 Daily Footage -219 Daily Cost $179,993.48

Depth (MD) 10,496 TVD at Bit 10,486 Cum. Cost $4,498,890.83

Estimated TD 21,100

Casing Data

Type Size Weight Grade Connection Top Bottom Shoe TestSurface 13-3/8 48.0 J55 8 Rnd STC 15' 919' 10 ppgIntermediate 9-5/8 40.0 J-55 LTC 15' 7,160'

Mud Properties Last Survey BHAType Brine Depth Inc Azi Component Length ID ODWeight 9.6 Drill Bit 1.00' 8.75FV 30 Motor 27.98' 6.50PV 2 Drilling Parameters X-Over 3.56' 2.75 6.50YP 1 Max WOB Sub 3.05' 2.50 6.50LCM (ppb) Max RPM Monel Collar 30.19' 3.19 6.50Chlorides 118000 Max Torque Monel Collar 30.29' 2.88 6.50% Solids 1.6 Max Pull Drill Pipe 568.76' 3.83 4.50Daily Losses Bkgrnd Gas Drill Pipe 368.70' 2.75 4.50Total Losses Max Gas X-Over 2.60' 2.25 6.50

Cnx Gas Drill Pipe 936.94' 2.50 4.50Trip Gas

Total Length: 1973.07

Bit InfoBit # Size Make Type S/N Jets In Out Footage Hrs ROP Grade16 8.75 SECURITY MMD55DM 12171184 5X22 10,475' 3.0 -------

-------

-------

-------

Activity Summary (6:00am - 6:00am)From To Hours P / U Summary

6:00 7:00 1.00 Planned

Finish circulating B/UCirculate bottoms up get good mud check before cementing9.6 ppg in/out32 vis

7:00 8:30 1.50 Planned

Hold PJSM w/Compass CementingTest lines to 3000 psi - Test Good45 bbl Spacer, 12.2 ppg, 700 psi @ 5 bbls/min16.7 bbl Class H Cement, 100 sks, Yield - .94, 17.5 ppg, 795 psi @ 5 bbls/min, 20% excess5 bbl Spacer, 12.2 ppg, 330 psi @ 5 bbls/minDisplace w/103 bbls Brine, 9.6 ppg, 250 psi @ 7 bbls/min. Bled back 1bblPull 3 stands to 10,394' & R/D cementersTop of Plug calculated @ 10470'

8:30 9:30 1.00 PlannedPump B/U @ 6800 Stksgot back 25bbls spacer upon bottoms up

9:30 14:30 5.00 Planned TOH F/10394' T/Surface

14:30 15:00 0.50 Planned L/D Shlumberger Whipstock tools

15:00 16:00 1.00 Planned Rig Service - Change out hydraulic hose on Iron Roughneck, Change out saver sub and grabber dies for top drive

16:00 18:00 2.00 Planned

P/U & M/U Directional tools,Install MWD & Scribe motor, surface test - MWD OK, M/U bit

18:00 19:30 1.50 UnPlannedCode 8 NPTIron Roughneck is leaning over to one side due to broken gusset plates in floor pocket, R/U pipe spinners & Tongs

19:30 3:00 7.50 PlannedTIH F/Surface T/10,475'Washing last 2 stands to bottom

3:00 6:00 3.00 Planned Cement Soft waiting on Cement

Total Hours: 24

24 Hour Activity Summary:Set Balanced plug, TOH, TIH to kick off plug, cement soft, wait on cement

24 Hour Plan Forward:Time Drill

Safety FuelLast BOP Test 12/08/2014 Last BOP Drill 12/08/2014 Last Function Test Diesel Used 2,729 Diesel Recvd Diesel on Loc 5,564

Page 143: Well Name Daily Drilling Report

Daily Cost Report

Well Name: UTL 28-17-1H

Report Date: 12/11/2014

Daily Cost $179,993

Intangible Costs

Code Description Comments Daily Cum 830.010 Permits, Licenses, ect $3,000

830.020 Staking & Surveying $5,000

830.030 Road, Locations $92,489

830.035 Mobilization/Demobilization $172,500

830.040 Daywork Contract Basin 104 Day Rate - 1.5 hrs Code 8 Iron Roughneck $18,750 $1,066,665

830.050 Mouse/Rathole/Conduct Pipe $28,300

830.055 Directional Drilling & Survey Day rate Newsco, Motor charge $9,950 $405,068

830.060 Bits, Tools, Stabalizers $137,719

830.065 Fuel, Power $274,444

830.070 Equipment Rental $3,605 $296,266

830.071 Hot Shot Trucking $15,907

830.075 Mud & Chemicals $157,762

830.080 Mud Logging Standby day rate is $756 full rate is $945 a day $945 $54,255

830.090 Core Analysis

830.095 Openhole Logging

830.100 Cement Services Set plug @ Whipstock #2 $33,295 $179,382

830.110 Casing Crew & Equipment $64,107

830.120 Contract Labor $77,009

830.160 Fishing Services $24,207

830.165 Drill Water $43,312

830.175 Supervision Jeff Staples, Major Roberts $3,900 $272,200

830.185 Insurance $35,000

830.190 Legal $10,000

830.195 P&A/TA Costs

840.100 Cement Services (4-1/2" Liner)

Total Intangible $70,445 $3,414,591Tangible Costs

Code Description Comments Daily Cum 850.010 Conductor Casing - 13-3/8" $32,219

850.015 Surface Casing - 9-5/8" $200,000

850.120 Intermediate Casing - 7" $3,041

850.145 Wellhead Equipment $32,649

850.150 Float equipment, Centralizers & DVT $4,367

850.275 Tangible Contingency Shlumberger-Whipstock hand & tools $109,549 $812,024

860.030 Production Casing - 4-1/2"

860.035 Liner Hanger - 4-1/2"

Total Tangible $109,549 $1,084,300Total Costs $179,993 $4,498,891

WellEz Information Management Ver4.21.14bg

Page 144: Well Name Daily Drilling Report

Daily Drilling ReportWell Name UTL 28-17-1H

Report Date 12/12/2014

Field University Lands Supervisor Jeff Staples Report No. 67Location Supervisor 2 Major Roberts DFS 59County Ward Rig Phone Spud Date 10/14/2014Rig Name 104 Rig Email AFE $6,178,695.00

KB 22.5 Daily Footage 160 Daily Cost $59,703.09

Depth (MD) 10,656 TVD at Bit 10,646 Cum. Cost $4,582,182.72

Estimated TD 21,100

Casing Data

Type Size Weight Grade Connection Top Bottom Shoe TestSurface 13-3/8 48.0 J55 8 Rnd STC 15' 919' 10 ppgIntermediate 9-5/8 40.0 J-55 LTC 15' 7,160'

Mud Properties Last Survey BHAType Brine Depth Inc Azi Component Length ID ODWeight 9.6 Drill Bit 1.00' 8.75FV 27 Motor 27.98' 6.50PV 1 Drilling Parameters X-Over 3.56' 2.75 6.50YP 1 Max WOB Sub 3.05' 2.50 6.50LCM (ppb) Max RPM Monel Collar 30.19' 3.19 6.50Chlorides 106000 Max Torque Monel Collar 30.29' 2.88 6.50% Solids 0.5 Max Pull Drill Pipe 568.76' 3.83 4.50Daily Losses Bkgrnd Gas Drill Pipe 368.70' 2.75 4.50Total Losses Max Gas X-Over 2.60' 2.25 6.50

Cnx Gas Drill Pipe 936.94' 2.50 4.50Trip Gas

Total Length: 1973.07

Bit InfoBit # Size Make Type S/N Jets In Out Footage Hrs ROP Grade16 8.75 SECURITY MMD55DM 12171184 5X22 10,475' 3.0 -------

-------

-------

-------

Activity Summary (6:00am - 6:00am)From To Hours P / U Summary

6:00 7:30 1.50 Drilling

Dress cement F/10475' T/10510'WOB=5-7Diff=125ROT=25GPM=400

7:30 8:00 0.50 Planned Rig Service

8:00 10:00 2.00 Drilling

Continue to drill cement F/10510' T/10620'WOB=5-8Diff=125ROT=25GPM=400

10:00 11:00 1.00 PlannedOrient toolface & build trough @238 degWorking up /Down 25'

11:00 6:00 19.00 Drilling

Time drill F/10620' T/10658'5' @ 5 Min per inch5' @ 4 min per inch5' @ 3 min per inch5' @ 5 min per inch5' @ 5' per hour@ whipstock Drilling @ 2.6' hrWOB=5-8Diff=40-135GPM=355 sample @ 10,658'=40% Cement 60%Limestone

Total Hours: 24

24 Hour Activity Summary:Time Drill & kickoff whipstock 40% cement 60% limestone

24 Hour Plan Forward:continue to kickoff whipstock

Safety FuelLast BOP Test 12/08/2014 Last BOP Drill 12/08/2014 Last Function Test Diesel Used 1,550 Diesel Recvd 5,165 Diesel on Loc 9,179

Page 145: Well Name Daily Drilling Report

Daily Cost Report

Well Name: UTL 28-17-1H

Report Date: 12/12/2014

Daily Cost $59,703

Intangible Costs

Code Description Comments Daily Cum 830.010 Permits, Licenses, ect $3,000

830.020 Staking & Surveying $5,000

830.030 Road, Locations $92,489

830.035 Mobilization/Demobilization $172,500

830.040 Daywork Contract Basin 104 Day Rate - $20,000 $1,086,665

830.050 Mouse/Rathole/Conduct Pipe $28,300

830.055 Directional Drilling & Survey Day rate Newsco $7,950 $413,018

830.060 Bits, Tools, Stabalizers $161,308

830.065 Fuel, Power Rig fuel-Western Petroleum $16,339 $290,783

830.070 Equipment Rental $3,245 $299,511

830.071 Hot Shot Trucking $15,907

830.075 Mud & Chemicals $2,633 $160,395

830.080 Mud Logging Standby day rate is $756 full rate is $945 a day $945 $55,200

830.090 Core Analysis

830.095 Openhole Logging

830.100 Cement Services $179,382

830.110 Casing Crew & Equipment $64,107

830.120 Contract Labor CWS $4,691 $81,699

830.160 Fishing Services $24,207

830.165 Drill Water $43,312

830.175 Supervision Jeff Staples, Major Roberts $3,900 $276,100

830.185 Insurance $35,000

830.190 Legal $10,000

830.195 P&A/TA Costs

840.100 Cement Services (4-1/2" Liner)

Total Intangible $59,703 $3,497,883Tangible Costs

Code Description Comments Daily Cum 850.010 Conductor Casing - 13-3/8" $32,219

850.015 Surface Casing - 9-5/8" $200,000

850.120 Intermediate Casing - 7" $3,041

850.145 Wellhead Equipment $32,649

850.150 Float equipment, Centralizers & DVT $4,367

850.275 Tangible Contingency $812,024

860.030 Production Casing - 4-1/2"

860.035 Liner Hanger - 4-1/2"

Total Tangible $1,084,300Total Costs $59,703 $4,582,183

WellEz Information Management Ver4.21.14bg

Page 146: Well Name Daily Drilling Report

Daily Drilling ReportWell Name UTL 28-17-1H

Report Date 12/13/2014

Field University Lands Supervisor Jeff Staples Report No. 68Location Supervisor 2 Major Roberts DFS 60County Ward Rig Phone Spud Date 10/14/2014Rig Name 104 Rig Email AFE $6,178,695.00

KB 22.5 Daily Footage 77 Daily Cost $47,660.77

Depth (MD) 10,733 TVD at Bit 10,722 Cum. Cost $4,629,843.49

Estimated TD 21,100

Casing Data

Type Size Weight Grade Connection Top Bottom Shoe TestSurface 13-3/8 48.0 J55 8 Rnd STC 15' 919' 10 ppgIntermediate 9-5/8 40.0 J-55 LTC 15' 7,160'

Mud Properties Last Survey BHAType Brine Depth Inc Azi Component Length ID ODWeight 9.5 Drill Bit 1.00' 8.75FV 30 Motor 27.98' 6.50PV 1 Drilling Parameters X-Over 3.56' 2.75 6.50YP 1 Max WOB 20 Sub 3.05' 2.50 6.50LCM (ppb) Max RPM 20 Monel Collar 30.19' 3.19 6.50Chlorides 126750 Max Torque 6000 Monel Collar 30.29' 2.88 6.50% Solids 0.3 Max Pull Drill Pipe 568.76' 3.83 4.50Daily Losses Bkgrnd Gas Drill Pipe 368.70' 2.75 4.50Total Losses Max Gas X-Over 2.60' 2.25 6.50

Cnx Gas Drill Pipe 936.94' 2.50 4.50Trip Gas

Total Length: 1973.07

Bit InfoBit # Size Make Type S/N Jets In Out Footage Hrs ROP Grade16 8.75 SECURITY MMD55DM 12171184 5X22 10,475' 10,733' 258' 44.0 6.0 -------

-------

-------

-------

Activity Summary (6:00am - 6:00am)From To Hours P / U Summary

6:00 17:00 11.00 Drilling

Slide F/10658' T/10699'WOB=12-15Diff=175-250ROT=0GPM=430

17:00 17:30 0.50 Planned Rig Service-Grease Drawworks, Crown, Top Drive, Iron Roughneck

17:30 20:00 2.50 Drilling

Rotate F/10699' T/10715'WOB=18-20Diff=275-325ROT=20GPM=430

20:00 1:00 5.00 Drilling

Slide F/10715' T/10733'WOB=12-15Diff=175-250ROT=0GPM=430Lithology=95% LS, 5% SH Mud Wt= 9.5, Vis= 30, PH=11

1:00 6:00 5.00 UnPlanned

TOH F/10733' T/1018'TOH for bit & motor change- (numerous stalls and lack of ROP) TOH utilizing trip tank & filling every 5 stdsCompany Man on floor for first 10 stds

Total Hours: 24

24 Hour Activity Summary:Rotate & Slide F/10658' T/10733', TOH for bit & motor change

24 Hour Plan Forward:Finish TOH, Change motor & bit, TIH and continue curve

Safety FuelLast BOP Test 12/08/2014 Last BOP Drill 12/08/2014 Last Function Test Diesel Used 2,397 Diesel Recvd Diesel on Loc 6,782

Page 147: Well Name Daily Drilling Report

Daily Cost Report

Well Name: UTL 28-17-1H

Report Date: 12/13/2014

Daily Cost $47,661

Intangible Costs

Code Description Comments Daily Cum 830.010 Permits, Licenses, ect $3,000

830.020 Staking & Surveying $5,000

830.030 Road, Locations $92,489

830.035 Mobilization/Demobilization $172,500

830.040 Daywork Contract Basin 104 Day Rate - $20,000 $1,106,665

830.050 Mouse/Rathole/Conduct Pipe $28,300

830.055 Directional Drilling & Survey Day rate Newsco $7,950 $420,968

830.060 Bits, Tools, Stabalizers $161,308

830.065 Fuel, Power $290,783

830.070 Equipment Rental $3,245 $302,756

830.071 Hot Shot Trucking Tejas(Took DC to PB Metal Lab for testing) $354 $16,261

830.075 Mud & Chemicals $10,767 $171,162

830.080 Mud Logging Standby day rate is $756 full rate is $945 a day $945 $56,145

830.090 Core Analysis

830.095 Openhole Logging

830.100 Cement Services $179,382

830.110 Casing Crew & Equipment $64,107

830.120 Contract Labor Final Touch of West Texas(cleaners) $500 $82,199

830.160 Fishing Services $24,207

830.165 Drill Water $43,312

830.175 Supervision Jeff Staples, Major Roberts $3,900 $280,000

830.185 Insurance $35,000

830.190 Legal $10,000

830.195 P&A/TA Costs

840.100 Cement Services (4-1/2" Liner)

Total Intangible $47,661 $3,545,544Tangible Costs

Code Description Comments Daily Cum 850.010 Conductor Casing - 13-3/8" $32,219

850.015 Surface Casing - 9-5/8" $200,000

850.120 Intermediate Casing - 7" $3,041

850.145 Wellhead Equipment $32,649

850.150 Float equipment, Centralizers & DVT $4,367

850.275 Tangible Contingency $812,024

860.030 Production Casing - 4-1/2"

860.035 Liner Hanger - 4-1/2"

Total Tangible $1,084,300Total Costs $47,661 $4,629,843

WellEz Information Management Ver4.21.14bg

Page 148: Well Name Daily Drilling Report

Daily Drilling ReportWell Name UTL 28-17-1H

Report Date 12/14/2014

Field University Lands Supervisor Jeff Staples Report No. 69Location Supervisor 2 Major Roberts DFS 61County Ward Rig Phone Spud Date 10/14/2014Rig Name 104 Rig Email AFE $6,178,695.00

KB 22.5 Daily Footage 327 Daily Cost $38,151.00

Depth (MD) 11,060 TVD at Bit 11,016 Cum. Cost $4,667,994.49

Estimated TD 21,100

Casing Data

Type Size Weight Grade Connection Top Bottom Shoe TestSurface 13-3/8 48.0 J55 8 Rnd STC 15' 919' 10 ppgIntermediate 9-5/8 40.0 J-55 LTC 15' 7,160'

Mud Properties Last Survey BHAType Brine Depth Inc Azi Component Length ID ODWeight 9.5 10,991' 20.80º 251.40º Drill Bit 1.00' 8.75FV 28 Motor 32.05' 6.75PV 1 Drilling Parameters Sub 3.05' 2.50 6.50YP 1 Max WOB 25 Monel Collar 30.19' 3.19 6.50LCM (ppb) Max RPM 22 Monel Collar 30.29' 2.88 6.50Chlorides 126750 Max Torque 7200 Drill Pipe 568.76' 3.83 4.50% Solids 0.3 Max Pull 200 Drill Pipe 368.70' 2.75 4.50Daily Losses Bkgrnd Gas 85 X-Over 2.60' 2.25 6.50Total Losses Max Gas 135 Drill Pipe 936.94' 2.50 4.50

Cnx Gas 102Trip Gas

Total Length: 1973.58

Bit InfoBit # Size Make Type S/N Jets In Out Footage Hrs ROP Grade16 8.75 SECURITY MMD55DM 12171184 5X22 10,475' 10,733' 258' 44.0 6.0 1-8-BT-G-1-X-CT-PR

17 8.75 SECURITY MMD55DM 12462150 5x22 10,733' 11,060' 327' 13.0 25.0 -------

-------

-------

Activity Summary (6:00am - 6:00am)From To Hours P / U Summary

6:00 7:30 1.50 UnPlanned

Finish TOH F/1018' T/SurfaceTOH for bit & motor change- (numerous stalls and lack of ROP) TOH utilizing trip tank & filling every 5 stds

7:30 10:00 2.50 UnPlanned

L/D MWD, Mud Motor, & BitM/U 6 3/4" Mud Motor(2.4 deg, .288 Rev/Gal)Test MWD-Good

10:00 10:30 0.50 UnPlanned Change out Grabber Dies on Top Drive

10:30 13:30 3.00 UnPlanned

TIH w/curve assemblyF/Surface T/7162'Filling pipe every 30 stds

13:30 14:30 1.00 UnPlanned Cut/Slip Drilling Line @ shoe

14:30 15:00 0.50 Planned Rig Service

15:00 16:00 1.00 UnPlanned

TIH w/curve assemblyF/7162' T/10610'Filling pipe every 30 stds

16:00 16:30 0.50 UnPlannedFill pipeOrientate motor to slide past whipstock

16:30 17:00 0.50 UnPlannedSlide past whipstock F/10610' T/10670'Wash down to bottom with no rotation F/10670' T/10733'

17:00 6:00 13.00 Drilling

Rotate & Slide F/10733' T/11060'WOB=18Diff=190ROT=22GPM=525Lithology=90% LS, 10% SH Mud Wt= 9.4, Vis= 27, PH=12

Total Hours: 24

24 Hour Activity Summary:L/D 8.75' bit 7 motor, P/U New 8.75" bit & 2.4 motor, TIH, Build curve

24 Hour Plan Forward:Build curve

Safety FuelLast BOP Test 12/08/2014 Last BOP Drill 12/08/2014 Last Function Test Diesel Used 674 Diesel Recvd Diesel on Loc 6,108

Page 149: Well Name Daily Drilling Report

Daily Cost Report

Well Name: UTL 28-17-1H

Report Date: 12/14/2014

Daily Cost $38,151

Intangible Costs

Code Description Comments Daily Cum 830.010 Permits, Licenses, ect $3,000

830.020 Staking & Surveying $5,000

830.030 Road, Locations $92,489

830.035 Mobilization/Demobilization $172,500

830.040 Daywork Contract Basin 104 Day Rate - $20,000 $1,126,665

830.050 Mouse/Rathole/Conduct Pipe $28,300

830.055 Directional Drilling & Survey Day rate Newsco $7,950 $428,918

830.060 Bits, Tools, Stabalizers $161,308

830.065 Fuel, Power $290,783

830.070 Equipment Rental $3,245 $306,001

830.071 Hot Shot Trucking Tejas-Motor delivery & backhaul $506 $16,767

830.075 Mud & Chemicals $171,162

830.080 Mud Logging Standby day rate is $756 full rate is $945 a day $945 $57,090

830.090 Core Analysis

830.095 Openhole Logging

830.100 Cement Services $179,382

830.110 Casing Crew & Equipment $64,107

830.120 Contract Labor $82,199

830.160 Fishing Services $24,207

830.165 Drill Water SKT- Brine from station $1,605 $44,917

830.175 Supervision Jeff Staples, Major Roberts $3,900 $283,900

830.185 Insurance $35,000

830.190 Legal $10,000

830.195 P&A/TA Costs

840.100 Cement Services (4-1/2" Liner)

Total Intangible $38,151 $3,583,695Tangible Costs

Code Description Comments Daily Cum 850.010 Conductor Casing - 13-3/8" $32,219

850.015 Surface Casing - 9-5/8" $200,000

850.120 Intermediate Casing - 7" $3,041

850.145 Wellhead Equipment $32,649

850.150 Float equipment, Centralizers & DVT $4,367

850.275 Tangible Contingency $812,024

860.030 Production Casing - 4-1/2"

860.035 Liner Hanger - 4-1/2"

Total Tangible $1,084,300Total Costs $38,151 $4,667,994

WellEz Information Management Ver4.21.14bg

Page 150: Well Name Daily Drilling Report

Daily Drilling ReportWell Name UTL 28-17-1H

Report Date 12/15/2014

Field University Lands Supervisor Jeff Staples Report No. 70Location Supervisor 2 Major Roberts DFS 62County Ward Rig Phone Spud Date 10/14/2014Rig Name 104 Rig Email AFE $6,178,695.00

KB 22.5 Daily Footage 690 Daily Cost $38,507.02

Depth (MD) 11,750 TVD at Bit 11,447 Cum. Cost $4,706,501.51

Estimated TD 21,100

Casing Data

Type Size Weight Grade Connection Top Bottom Shoe TestSurface 13-3/8 48.0 J55 8 Rnd STC 15' 919' 10 ppgIntermediate 9-5/8 40.0 J-55 LTC 15' 7,160'

Mud Properties Last Survey BHAType Brine Depth Inc Azi Component Length ID ODWeight 9.5 11,678' 67.60º 253.70º Drill Bit 1.00' 8.75FV 28 Motor 32.05' 6.75PV 1 Drilling Parameters Sub 3.05' 2.50 6.50YP 1 Max WOB 50 Monel Collar 30.19' 3.19 6.50LCM (ppb) Max RPM 25 Monel Collar 30.29' 2.88 6.50Chlorides 126750 Max Torque 10 Drill Pipe 568.76' 3.83 4.50% Solids 0.3 Max Pull Drill Pipe 368.70' 2.75 4.50Daily Losses Bkgrnd Gas X-Over 2.60' 2.25 6.50Total Losses Max Gas Drill Pipe 936.94' 2.50 4.50

Cnx GasTrip Gas

Total Length: 1973.58

Bit InfoBit # Size Make Type S/N Jets In Out Footage Hrs ROP Grade17 8.75 SECURITY MMD55DM 12462150 5x22 10,733' 11,750' 1,017' 26.6 38.0 -------

-------

-------

-------

Activity Summary (6:00am - 6:00am)From To Hours P / U Summary

6:00 10:30 4.50 Drilling

Drilling/sliding 8.75" CurveF/11,060' - T/11,169'WOB=15-23DIFF=40-80ROT=20-25GPM=450Survey @ 11,085' = Inc 26.4 Azm 253.4 TVD 11,052'Lithology=70%LS 30%SHMud WT= 9.5ppg 27vis 11ph

10:30 11:00 0.50 Planned Rig Service

11:00 6:00 19.00 Drilling

Drilling/Sliding 8.75" CurveF/11,169' - T/11,750'WOB=15-30DIFF=40-80ROT=20-25GPM=435Survey @11,678' = Inc 67.6 Azm 253.7 TVD 11,447Lithology=60%LS 40%ShMud WT=9.5ppg 27vis 11ph

Total Hours: 24

24 Hour Activity Summary:Drill 8.75" Curve F/11,060' T/ 11,750', Rig Service

24 Hour Plan Forward:Drill 8.75" Curve to TD, Short trip Curve, Trip out hole, Rig up CRT and Run Casing

Safety FuelLast BOP Test 12/08/2014 Last BOP Drill 12/08/2014 Last Function Test Diesel Used 2,311 Diesel Recvd Diesel on Loc 3,797

Page 151: Well Name Daily Drilling Report

Daily Cost Report

Well Name: UTL 28-17-1H

Report Date: 12/15/2014

Daily Cost $38,507

Intangible Costs

Code Description Comments Daily Cum 830.010 Permits, Licenses, ect $3,000

830.020 Staking & Surveying $5,000

830.030 Road, Locations $92,489

830.035 Mobilization/Demobilization $172,500

830.040 Daywork Contract Basin 104 Day Rate - $20,000 $1,146,665

830.050 Mouse/Rathole/Conduct Pipe $28,300

830.055 Directional Drilling & Survey Day rate Newsco $7,950 $436,868

830.060 Bits, Tools, Stabalizers $161,308

830.065 Fuel, Power $290,783

830.070 Equipment Rental $4,485 $310,486

830.071 Hot Shot Trucking $16,767

830.075 Mud & Chemicals $1,227 $172,389

830.080 Mud Logging Standby day rate is $756 full rate is $945 a day $945 $58,035

830.090 Core Analysis

830.095 Openhole Logging

830.100 Cement Services $179,382

830.110 Casing Crew & Equipment $64,107

830.120 Contract Labor $82,199

830.160 Fishing Services $24,207

830.165 Drill Water $44,917

830.175 Supervision Jeff Staples, Major Roberts $3,900 $287,800

830.185 Insurance $35,000

830.190 Legal $10,000

830.195 P&A/TA Costs

840.100 Cement Services (4-1/2" Liner)

Total Intangible $38,507 $3,622,202Tangible Costs

Code Description Comments Daily Cum 850.010 Conductor Casing - 13-3/8" $32,219

850.015 Surface Casing - 9-5/8" $200,000

850.120 Intermediate Casing - 7" $3,041

850.145 Wellhead Equipment $32,649

850.150 Float equipment, Centralizers & DVT $4,367

850.275 Tangible Contingency $812,024

860.030 Production Casing - 4-1/2"

860.035 Liner Hanger - 4-1/2"

Total Tangible $1,084,300Total Costs $38,507 $4,706,502

WellEz Information Management Ver4.21.14bg

Page 152: Well Name Daily Drilling Report

Daily Drilling ReportWell Name UTL 28-17-1H

Report Date 12/16/2014

Field University Lands Supervisor Jeff Staples Report No. 71Location Supervisor 2 Major Roberts DFS 63County Ward Rig Phone Spud Date 10/14/2014Rig Name 104 Rig Email AFE $6,178,695.00

KB 22.5 Daily Footage 44 Daily Cost $59,162.25

Depth (MD) 11,794 TVD at Bit 11,482 Cum. Cost $4,765,663.76

Estimated TD 21,100

Casing Data

Type Size Weight Grade Connection Top Bottom Shoe TestSurface 13-3/8 48.0 J55 8 Rnd STC 15' 919' 10 ppgIntermediate 9-5/8 40.0 J-55 LTC 15' 7,160'

Mud Properties Last Survey BHAType Brine Depth Inc Azi Component Length ID ODWeight 9.5 Drill Bit 1.00' 8.75FV 28 Motor 32.05' 6.75PV 1 Drilling Parameters Sub 3.05' 2.50 6.50YP 1 Max WOB 50 Monel Collar 30.19' 3.19 6.50LCM (ppb) Max RPM 25 Monel Collar 30.29' 2.88 6.50Chlorides 126750 Max Torque Drill Pipe 568.76' 3.83 4.50% Solids 0.3 Max Pull Drill Pipe 368.70' 2.75 4.50Daily Losses Bkgrnd Gas X-Over 2.60' 2.25 6.50Total Losses Max Gas Drill Pipe 936.94' 2.50 4.50

Cnx Gas 200Trip Gas

Total Length: 1973.58

Bit InfoBit # Size Make Type S/N Jets In Out Footage Hrs ROP Grade17 8.75 SECURITY MMD55DM 12462150 5x22 10,733' 11,794' 1,061' 28.4 37.0 3-3-CT/WT-N/C/S-I-X--TD

-------

-------

-------

Activity Summary (6:00am - 6:00am)From To Hours P / U Summary

6:00 8:30 2.50 Drilling

Drilling/Sliding 8.75" CurveF/ 11,750' T/ 11,794'WOB=15-30ROT=20-25DIFF=40-150GPM=450Lithology= 60% LS 40% SH

8:30 10:00 1.50 PlannedCirculate bottoms up pump 30 BBL Sweep55vis 9.6ppg

10:00 11:30 1.50 PlannedShort trip 13 Stands To wipe curve Orient through whipstock. Zero drag detected while going through whipstock

11:30 12:30 1.00 PlannedCirculate Bottoms up and Spot 100bbl Vis pill in CurveHole verified clean by checking the shakers

12:30 17:00 4.50 Planned

Trip out holeF/ 11,794' T/ 1,973'Proper hole fill was observed No tight spots detected on trip out

17:00 21:00 4.00 Planned Rig Up Lay down truck and lay down BHA

21:00 22:00 1.00 PlannedPull Wear Bushing and Change out saver sub to make up to Tesco CRTHold pre rig up safety meeting with Tesco and rig up CRT

22:00 6:00 8.00 Planned

Run 7" Casing F/ surface T/ 2,900'Hole giving proper displacement

Total Hours: 24

24 Hour Activity Summary:TD Curve @ 11,794', Trip out hole, Rig up CRT and Lay down truck, Run Casing

24 Hour Plan Forward:Finish Running 7" Casing, Circulate bottoms up, Rig up and cement, Nipple up BOP set Slips

Safety FuelLast BOP Test 12/08/2014 Last BOP Drill 12/08/2014 Last Function Test 12/15/2014 Diesel Used 1,597 Diesel Recvd 3,500 Diesel on Loc 5,700

Page 153: Well Name Daily Drilling Report

Daily Cost Report

Well Name: UTL 28-17-1H

Report Date: 12/16/2014

Daily Cost $59,162

Intangible Costs

Code Description Comments Daily Cum 830.010 Permits, Licenses, ect $3,000

830.020 Staking & Surveying $5,000

830.030 Road, Locations $92,489

830.035 Mobilization/Demobilization $172,500

830.040 Daywork Contract Basin 104 Day Rate - $20,000 $1,166,665

830.050 Mouse/Rathole/Conduct Pipe $28,300

830.055 Directional Drilling & Survey Day rate Newsco $7,950 $444,818

830.060 Bits, Tools, Stabalizers 8 3/4" Security Curve Bit $11,794 $423,012

830.065 Fuel, Power Rig Fuel $10,451 $301,234

830.070 Equipment Rental $3,245 $313,731

830.071 Hot Shot Trucking Hailey's- Transport clean Directional & Back load $877 $17,644

830.075 Mud & Chemicals $172,389

830.080 Mud Logging Standby day rate is $756 full rate is $945 a day $945 $58,980

830.090 Core Analysis

830.095 Openhole Logging

830.100 Cement Services $179,382

830.110 Casing Crew & Equipment $64,107

830.120 Contract Labor $82,199

830.160 Fishing Services $24,207

830.165 Drill Water $44,917

830.175 Supervision Jeff Staples, Major Roberts $3,900 $291,700

830.185 Insurance $35,000

830.190 Legal $10,000

830.195 P&A/TA Costs

840.100 Cement Services (4-1/2" Liner)

Total Intangible $59,162 $3,931,274Tangible Costs

Code Description Comments Daily Cum 850.010 Conductor Casing - 13-3/8" $32,219

850.015 Surface Casing - 9-5/8" $200,000

850.120 Intermediate Casing - 7" $3,041

850.145 Wellhead Equipment $32,649

850.150 Float equipment, Centralizers & DVT $4,367

850.275 Tangible Contingency $562,114

860.030 Production Casing - 4-1/2"

860.035 Liner Hanger - 4-1/2"

Total Tangible $834,390Total Costs $59,162 $4,765,664

WellEz Information Management Ver4.21.14bg

Page 154: Well Name Daily Drilling Report

Daily Drilling ReportWell Name UTL 28-17-1H

Report Date 12/17/2014

Field University Lands Supervisor Jeff Staples Report No. 72Location Supervisor 2 Major Roberts DFS 64County Ward Rig Phone Spud Date 10/14/2014Rig Name 104 Rig Email AFE $6,178,695.00

KB 22.5 Daily Footage Daily Cost $101,883.99

Depth (MD) 11,794 TVD at Bit 11,482 Cum. Cost $4,867,547.75

Estimated TD 21,100

Casing Data

Type Size Weight Grade Connection Top Bottom Shoe TestSurface 13-3/8 48.0 J55 8 Rnd STC 15' 919' 10 ppgIntermediate 9-5/8 40.0 J-55 LTC 15' 7,160'Intermediate 7 29.0 P-110 LTC 15' 11,788'

Mud Properties Last Survey BHAType Brine Depth Inc Azi Component Length ID ODWeight 9.5 Drill Bit 1.00' 8.75FV 28 Motor 32.05' 6.75PV 1 Drilling Parameters Sub 3.05' 2.50 6.50YP 1 Max WOB 50 Monel Collar 30.19' 3.19 6.50LCM (ppb) Max RPM 25 Monel Collar 30.29' 2.88 6.50Chlorides 126750 Max Torque Drill Pipe 568.76' 3.83 4.50% Solids 0.3 Max Pull Drill Pipe 368.70' 2.75 4.50Daily Losses Bkgrnd Gas X-Over 2.60' 2.25 6.50Total Losses Max Gas Drill Pipe 936.94' 2.50 4.50

Cnx GasTrip Gas

Total Length: 1973.58

Bit InfoBit # Size Make Type S/N Jets In Out Footage Hrs ROP Grade

-------

-------

-------

-------

Activity Summary (6:00am - 6:00am)From To Hours P / U Summary

6:00 9:30 3.50 Planned

Run 7" 29# casing F/ 2,900' T/ 5,186Hole giving proper displacement

9:30 10:00 0.50 Planned Rig Service

10:00 17:30 7.50 PlannedRun 7'' 29# casingF/ 5,186' T/ 11,791'

17:30 22:00 4.50 PlannedRig Down Lay down truck and circulate bottoms up Waiting on cementers

22:00 3:00 5.00 Planned

Rig up and cement mix and pump 650sks (450 bbl) lead cement @ 11ppg 3.89 yield160 sks (19bbl) tail cement @15.6ppg 1.18 yieldDisplace with 433 bbls 9.6ppg brineFinal lift pressure was 1690Bumped plug 500 over @2190Zero Cement to surfaceBled Back 2.5bbl

3:00 6:00 3.00 Planned

WOCNipple down BOP to Set SlipsClean Mud Tanks

Total Hours: 24

24 Hour Activity Summary:Run 7" 29# casing, Cement, Nipple down BOPs

24 Hour Plan Forward:Finish nipple down bop set C-22 Slips, cut casing and nipple back up, Test Bop, finish clean mud tanks and Pick Up BHA, trip in hole

Safety FuelLast BOP Test 12/08/2014 Last BOP Drill 12/08/2014 Last Function Test 12/15/2014 Diesel Used 1,092 Diesel Recvd Diesel on Loc 4,608

Page 155: Well Name Daily Drilling Report

Daily Cost Report

Well Name: UTL 28-17-1H

Report Date: 12/17/2014

Daily Cost $101,884

Intangible Costs

Code Description Comments Daily Cum 830.010 Permits, Licenses, ect $3,000

830.020 Staking & Surveying $5,000

830.030 Road, Locations $92,489

830.035 Mobilization/Demobilization $172,500

830.040 Daywork Contract Basin 104 Day Rate - $20,000 $1,186,665

830.050 Mouse/Rathole/Conduct Pipe $28,300

830.055 Directional Drilling & Survey Day rate Newsco Standby for RSS hands $16,975 $461,793

830.060 Bits, Tools, Stabalizers $423,012

830.065 Fuel, Power $301,234

830.070 Equipment Rental $3,245 $316,976

830.071 Hot Shot Trucking $17,644

830.075 Mud & Chemicals $172,389

830.080 Mud Logging Standby day rate is $756 full rate is $945 a day $945 $59,925

830.090 Core Analysis

830.095 Openhole Logging

830.100 Cement Services Compass- Cement 7" $49,981 $229,364

830.110 Casing Crew & Equipment Professional Lay down- run 7" pipe $6,128 $70,235

830.120 Contract Labor $82,199

830.160 Fishing Services $24,207

830.165 Drill Water 230 bbl water to top off frac tank for cement job $710 $45,627

830.175 Supervision Jeff Staples, Nate Renner $3,900 $295,600

830.185 Insurance $35,000

830.190 Legal $10,000

830.195 P&A/TA Costs

840.100 Cement Services (4-1/2" Liner)

Total Intangible $101,884 $4,033,158Tangible Costs

Code Description Comments Daily Cum 850.010 Conductor Casing - 13-3/8" $32,219

850.015 Surface Casing - 9-5/8" $200,000

850.120 Intermediate Casing - 7" $3,041

850.145 Wellhead Equipment $32,649

850.150 Float equipment, Centralizers & DVT $4,367

850.275 Tangible Contingency $562,114

860.030 Production Casing - 4-1/2"

860.035 Liner Hanger - 4-1/2"

Total Tangible $834,390Total Costs $101,884 $4,867,548

WellEz Information Management Ver4.21.14bg

Page 156: Well Name Daily Drilling Report

Daily Drilling ReportWell Name UTL 28-17-1H

Report Date 12/18/2014

Field University Lands Supervisor Jeff Staples Report No. 73Location Supervisor 2 Nathan Renner DFS 65County Ward Rig Phone Spud Date 10/14/2014Rig Name 104 Rig Email AFE $6,178,695.00

KB 22.5 Daily Footage Daily Cost $125,454.21

Depth (MD) TVD at Bit Cum. Cost $5,316,171.82

Estimated TD 21,100

Casing Data

Type Size Weight Grade Connection Top Bottom Shoe TestSurface 13-3/8 48.0 J55 8 Rnd STC 15' 919' 10 ppgIntermediate 9-5/8 40.0 J-55 LTC 15' 7,160'Intermediate 7 29.0 P-110 LTC 15' 11,788'

Mud Properties Last Survey BHAType Brine Depth Inc Azi Component Length ID ODWeight 11.5 Drill Bit 1.00' 6.13FV 60 Steerable Assembly 19.99' 4.75PV 1 Drilling Parameters Monel Collar 31.02' 2.50 4.75YP 1 Max WOB 50 Sub 11.37' 2.93 4.75LCM (ppb) Max RPM 25 Monel Collar 30.32' 2.06 4.75Chlorides 126750 Max Torque Sub 4.67' 2.06 4.75% Solids 0.3 Max Pull X-Over 1.47' 2.50 4.50Daily Losses Bkgrnd Gas Sub 26.82' 4.75Total Losses Max Gas X-Over 3.61' 5.56 5.25

Cnx GasTrip Gas

Total Length: 130.27

Bit InfoBit # Size Make Type S/N Jets In Out Footage Hrs ROP Grade18 6.125 SECURITY FX64R 11907994 3-22 11,794' -------

-------

-------

-------

Activity Summary (6:00am - 6:00am)From To Hours P / U Summary6:00 10:00 4.00 Planned NIPPLE DOWN BOP, SET CSG. SLIPS W/ 300K, MAKE ROUGH CUT AND FINAL CUT, NIPPLE UP BOP

10:00 11:30 1.50 Planned R/D CRT TOOL, C/O BURNER SUB ON TOP DRIVE

11:30 12:00 0.50 Planned TEST MANUAL IBOP (FAILED)

12:00 13:00 1.00 UnPlanned C/O MANUAL IBOP

13:00 16:00 3.00 PlannedTEST MANUAL IBOP, HYD. IBOP, TIW, DART VALVE 250 LOW-5000 HIGH, TEST TO PUMPS 250 LOW-3500 HIGH, TEST BLIND RAMS, PIPE RAMS, CHOKE 250 LOW-5000 HIGH, TEST HYDRIL 250 LOW-3500 HIGH

16:00 17:00 1.00 Planned HOOK UP FLOW LINE AND FILL UP LINES

17:00 20:00 3.00 Planned P/U BHA & SHALLOW HOLE TEST

20:00 2:30 6.50 Planned TIH F/130' T/9982'

2:30 6:00 3.50 Planned TIH PICKING UP SINGLES F/9982' T/11630' TAG CEMENT

Total Hours: 24

24 Hour Activity Summary:Finish testing BOP's, P/U BHA, TIH hole to cement

24 Hour Plan Forward:Drill out cement, float, and shoe, drill ahead new formation 6.125 production lateral

Safety FuelLast BOP Test 12/17/2014 Last BOP Drill 12/17/2014 Last Function Test 12/17/2014 Diesel Used 746 Diesel Recvd 5,000 Diesel on Loc 8,862

Page 157: Well Name Daily Drilling Report

Daily Cost Report

Well Name: UTL 28-17-1H

Report Date: 12/18/2014

Daily Cost $125,454

Intangible Costs

Code Description Comments Daily Cum 830.010 Permits, Licenses, ect $3,000

830.020 Staking & Surveying $5,000

830.030 Road, Locations $92,489

830.035 Mobilization/Demobilization $172,500

830.040 Daywork Contract Basin 104 Day Rate -20k $20,000 $1,206,665

830.050 Mouse/Rathole/Conduct Pipe $28,300

830.055 Directional Drilling & Survey Day rate Newsco and Terravici $35,430 $497,223

830.060 Bits, Tools, Stabalizers $423,012

830.065 Fuel, Power Rig Fuel $13,654 $314,888

830.070 Equipment Rental $3,245 $320,221

830.071 Hot Shot Trucking $17,644

830.075 Mud & Chemicals $15,968 $192,852

830.080 Mud Logging Standby day rate is $756 full rate is $945 a day $945 $60,870

830.090 Core Analysis

830.095 Openhole Logging

830.100 Cement Services $229,364

830.110 Casing Crew & Equipment Tesco CRT and crew $23,450 $93,685

830.120 Contract Labor Man Welding Services, Test BOP after 7" csg. $4,420 $86,619

830.160 Fishing Services $24,207

830.165 Drill Water Fill mud tanks w/ 10# brine $1,928 $47,554

830.175 Supervision Jeff Staples, Nate Renner $3,900 $299,500

830.185 Insurance $35,000

830.190 Legal $10,000

830.195 P&A/TA Costs

840.100 Cement Services (4-1/2" Liner)

Total Intangible $122,939 $4,160,592Tangible Costs

Code Description Comments Daily Cum 850.010 Conductor Casing - 13-3/8" $32,219

850.015 Surface Casing - 9-5/8" $200,000

850.120 Intermediate Casing - 7" $321,716

850.145 Wellhead Equipment Cameron, Land 7" CSG. slips $2,515 $35,164

850.150 Float equipment, Centralizers & DVT $4,367

850.275 Tangible Contingency $562,114

860.030 Production Casing - 4-1/2"

860.035 Liner Hanger - 4-1/2"

Total Tangible $2,515 $1,155,580Total Costs $125,454 $5,316,172

WellEz Information Management Ver4.21.14bg

Page 158: Well Name Daily Drilling Report

Daily Drilling ReportWell Name UTL 28-17-1H

Report Date 12/19/2014

Field University Lands Supervisor Jeff Staples Report No. 74Location Supervisor 2 Nathan Renner DFS 66County Ward Rig Phone Spud Date 10/14/2014Rig Name 104 Rig Email AFE $6,178,695.00

KB 22.5 Daily Footage 511 Daily Cost $80,880.45

Depth (MD) 12,305 TVD at Bit 11,545 Cum. Cost $5,397,052.27

Estimated TD 21,100

Casing Data

Type Size Weight Grade Connection Top Bottom Shoe TestSurface 13-3/8 48.0 J55 8 Rnd STC 15' 919' 10 ppgIntermediate 9-5/8 40.0 J-55 LTC 15' 7,160'Intermediate 7 29.0 P-110 LTC 15' 11,788'

Mud Properties Last Survey BHAType Brine Depth Inc Azi Component Length ID ODWeight 11.5 12,199' 88.70º 258.20º Drill Bit 1.00' 6.13FV 40 Steerable Assembly 19.99' 4.75PV 44 Drilling Parameters Monel Collar 31.02' 2.50 4.75YP 15 Max WOB 50 Sub 11.37' 2.93 4.75LCM (ppb) Max RPM 25 Monel Collar 30.32' 2.06 4.75Chlorides 185600 Max Torque 7500 Sub 4.67' 2.06 4.75% Solids 12.3 Max Pull X-Over 1.47' 2.50 4.50Daily Losses Bkgrnd Gas Sub 26.82' 4.75Total Losses Max Gas 50 X-Over 3.61' 5.56 5.25

Cnx Gas 22Trip Gas

Total Length: 130.27

Bit InfoBit # Size Make Type S/N Jets In Out Footage Hrs ROP Grade18 6.125 SECURITY FX64R 11907994 3-22 11,794' 12,305' 511' 16.1 32.0 -------

-------

-------

-------

Activity Summary (6:00am - 6:00am)From To Hours P / U Summary6:00 6:30 0.50 Planned Test csg. to 1000 psi

6:30 9:00 2.50 Planned

Drill out cement, float, and shoe equipmenttag Cement @ 11,688'Tag Float 3' early @ 11,737'

9:00 9:30 0.50 Planned Perform Rig Service

9:30 1:30 16.00 Drilling

Drill 6.125'' Production lateral F/11,794 '- T/12,210' WOB=15-18 RPM=40-80GPM 295 TORQ 5K DIFF= 15-300 SPP 2300 MW 11.5ppg 40vis 11phLithology= 60% LS 40% SH

1:30 2:30 1.00 UnPlanned Downlink RSS tool

2:30 6:00 3.50 Drilling

Drill 6.125 Production lateral F/12,210'-T/12,305' WOB= 18-20Rot-70-80Diff= 150-340GPM= 270-285MW= 11.5ppg 40vis 11phLithology= 75% SH 25%LS

Total Hours: 24

24 Hour Activity Summary:Drill 6.125" production lateral, land curve

24 Hour Plan Forward:Continue to drill 6.125" production lateral

Safety FuelLast BOP Test 12/17/2014 Last BOP Drill 12/17/2014 Last Function Test 12/17/2014 Diesel Used 1,562 Diesel Recvd Diesel on Loc 7,300

Page 159: Well Name Daily Drilling Report

Daily Cost Report

Well Name: UTL 28-17-1H

Report Date: 12/19/2014

Daily Cost $80,880

Intangible Costs

Code Description Comments Daily Cum 830.010 Permits, Licenses, ect $3,000

830.020 Staking & Surveying $5,000

830.030 Road, Locations $92,489

830.035 Mobilization/Demobilization $172,500

830.040 Daywork Contract Basin 104 Day Rate -20k $20,000 $1,226,665

830.050 Mouse/Rathole/Conduct Pipe $28,300

830.055 Directional Drilling & Survey Day rate Newsco and Terravici $20,300 $517,523

830.060 Bits, Tools, Stabalizers $423,012

830.065 Fuel, Power $314,888

830.070 Equipment Rental $12,430 $332,650

830.071 Hot Shot Trucking $17,644

830.075 Mud & Chemicals mud up after cleaning pits $21,686 $214,538

830.080 Mud Logging Standby day rate is $756 full rate is $945 a day $945 $61,815

830.090 Core Analysis

830.095 Openhole Logging

830.100 Cement Services $229,364

830.110 Casing Crew & Equipment $93,685

830.120 Contract Labor House Keepers cleaned houses $540 $87,159

830.160 Fishing Services $24,207

830.165 Drill Water Hauled 360 bbl. fresh water $1,080 $48,634

830.175 Supervision Jeff Staples, Nate Renner $3,900 $303,400

830.185 Insurance $35,000

830.190 Legal $10,000

830.195 P&A/TA Costs

840.100 Cement Services (4-1/2" Liner)

Total Intangible $80,880 $4,241,473Tangible Costs

Code Description Comments Daily Cum 850.010 Conductor Casing - 13-3/8" $32,219

850.015 Surface Casing - 9-5/8" $200,000

850.120 Intermediate Casing - 7" $321,716

850.145 Wellhead Equipment $35,164

850.150 Float equipment, Centralizers & DVT $4,367

850.275 Tangible Contingency $562,114

860.030 Production Casing - 4-1/2"

860.035 Liner Hanger - 4-1/2"

Total Tangible $1,155,580Total Costs $80,880 $5,397,052

WellEz Information Management Ver4.21.14bg

Page 160: Well Name Daily Drilling Report

Daily Drilling ReportWell Name UTL 28-17-1H

Report Date 12/20/2014

Field University Lands Supervisor Jeff Staples Report No. 75Location Supervisor 2 Nathan Renner DFS 67County Ward Rig Phone Spud Date 10/14/2014Rig Name 104 Rig Email AFE $6,178,695.00

KB 22.5 Daily Footage 401 Daily Cost $52,129.20

Depth (MD) 12,706 TVD at Bit 11,539 Cum. Cost $5,449,181.47

Estimated TD 21,100

Casing Data

Type Size Weight Grade Connection Top Bottom Shoe TestSurface 13-3/8 48.0 J55 8 Rnd STC 15' 919' 10 ppgIntermediate 9-5/8 40.0 J-55 LTC 15' 7,160'Intermediate 7 29.0 P-110 LTC 15' 11,788'

Mud Properties Last Survey BHAType Brine Depth Inc Azi Component Length ID ODWeight 11.5 12,669' 89.90º 251.50º Drill Bit 1.00' 6.13FV 39 Steerable Assembly 19.99' 4.75PV 13 Drilling Parameters Monel Collar 31.02' 2.50 4.75YP 11 Max WOB 20 Sub 11.37' 2.93 4.75LCM (ppb) Max RPM 75 Monel Collar 30.32' 2.06 4.75Chlorides 187000 Max Torque 7 Sub 4.67' 2.06 4.75% Solids 13 Max Pull 210 X-Over 1.47' 2.50 4.50Daily Losses Bkgrnd Gas 25 Sub 26.82' 4.75Total Losses Max Gas 250 X-Over 3.61' 5.56 5.25

Cnx Gas 230Trip Gas

Total Length: 130.27

Bit InfoBit # Size Make Type S/N Jets In Out Footage Hrs ROP Grade18 6.125 SECURITY FX64R 11907994 3-22 11,794' 12,706' 912' 26.6 34.0 1-2-CT-S-I-X--DTF

-------

-------

-------

Activity Summary (6:00am - 6:00am)From To Hours P / U Summary

6:00 9:00 3.00 Planned

Drill 6.125" Production LateralF/12305'-T/12426'WOB=15-20RPM=40-80GPM=250-270TORQ=5k-7kDIFF=150-300SPP=2400-3000MW=11.5ppg, 41vis, 11phLithology= 70%LS, 30%SH

9:00 9:30 0.50 Planned Rig Service

9:30 20:00 10.50 Planned

Drill 6.125" Production Lateral F/12426'-T/12706'WOB=15-20RPM=40-80GPM=250-270TORQ=6-8DIFF=150-300SPP=2400-3000MW=11.6, 41vis,11.5phLithology=90%LS, 5%SH

20:00 21:00 1.00 UnPlanned Circulate Bottoms Up & Build Slug

21:00 3:30 6.50 UnPlannedTOOH F/12706'-T/11575' Flow check (good)TOOH F/11575'-T/130'

3:30 5:00 1.50 UnPlanned L/D BHA, C/O MWD tool and bit

5:00 6:00 1.00 UnPlanned Make up bit, surface test tool

Total Hours: 24

24 Hour Activity Summary:Drill 6.125" production later, tool failure, TOOH to change out RSS

24 Hour Plan Forward:L/D BHA, P/U BHA, TIH, Continue to drill 6.125" production lateral

Safety FuelLast BOP Test 12/17/2014 Last BOP Drill 12/17/2014 Last Function Test 12/17/2014 Diesel Used 1,464 Diesel Recvd Diesel on Loc 5,836

Page 161: Well Name Daily Drilling Report

Daily Cost Report

Well Name: UTL 28-17-1H

Report Date: 12/20/2014

Daily Cost $52,129

Intangible Costs

Code Description Comments Daily Cum 830.010 Permits, Licenses, ect $3,000

830.020 Staking & Surveying $5,000

830.030 Road, Locations $92,489

830.035 Mobilization/Demobilization $172,500

830.040 Daywork Contract Basin 104 Day Rate -18500 $18,500 $1,245,165

830.050 Mouse/Rathole/Conduct Pipe $28,300

830.055 Directional Drilling & Survey Day rate Newsco and Terravici $20,300 $537,823

830.060 Bits, Tools, Stabalizers $423,012

830.065 Fuel, Power $314,888

830.070 Equipment Rental $3,374 $336,024

830.071 Hot Shot Trucking $17,644

830.075 Mud & Chemicals daily chemicals $5,110 $219,648

830.080 Mud Logging Standby day rate is $756 full rate is $945 a day $945 $62,760

830.090 Core Analysis

830.095 Openhole Logging

830.100 Cement Services $229,364

830.110 Casing Crew & Equipment $93,685

830.120 Contract Labor $87,159

830.160 Fishing Services $24,207

830.165 Drill Water $48,634

830.175 Supervision Jeff Staples, Nate Renner $3,900 $307,300

830.185 Insurance $35,000

830.190 Legal $10,000

830.195 P&A/TA Costs

840.100 Cement Services (4-1/2" Liner)

Total Intangible $52,129 $4,293,602Tangible Costs

Code Description Comments Daily Cum 850.010 Conductor Casing - 13-3/8" $32,219

850.015 Surface Casing - 9-5/8" $200,000

850.120 Intermediate Casing - 7" $321,716

850.145 Wellhead Equipment $35,164

850.150 Float equipment, Centralizers & DVT $4,367

850.275 Tangible Contingency $562,114

860.030 Production Casing - 4-1/2"

860.035 Liner Hanger - 4-1/2"

Total Tangible $1,155,580Total Costs $52,129 $5,449,181

WellEz Information Management Ver4.21.14bg

Page 162: Well Name Daily Drilling Report

Daily Drilling ReportWell Name UTL 28-17-1H

Report Date 12/21/2014

Field University Lands Supervisor Jeff Staples Report No. 76Location Supervisor 2 Nathan Renner DFS 68County Ward Rig Phone Spud Date 10/14/2014Rig Name 104 Rig Email AFE $6,178,695.00

KB 22.5 Daily Footage Daily Cost $54,175.21

Depth (MD) 12,706 TVD at Bit 11,540 Cum. Cost $5,503,356.68

Estimated TD 21,100

Casing Data

Type Size Weight Grade Connection Top Bottom Shoe TestSurface 13-3/8 48.0 J55 8 Rnd STC 15' 919' 10 ppgIntermediate 9-5/8 40.0 J-55 LTC 15' 7,160'Intermediate 7 29.0 P-110 LTC 15' 11,788'

Mud Properties Last Survey BHAType Brine Depth Inc Azi Component Length ID ODWeight 11.7 Drill Bit 1.00' 6.13FV 39 Steerable Assembly 19.98' 4.75PV 13 Drilling Parameters Monel Collar 31.02' 2.50 4.75YP 11 Max WOB 20 Sub 11.37' 2.93 4.75LCM (ppb) Max RPM 75 Monel Collar 30.32' 2.06 4.75Chlorides 187000 Max Torque Sub 4.67' 2.69 4.75% Solids 13 Max Pull 200 Sub 2.76' 2.31 4.75Daily Losses Bkgrnd Gas X-Over 3.31' 2.31 5.25Total Losses Max Gas

Cnx GasTrip Gas

Total Length: 104.43

Bit InfoBit # Size Make Type S/N Jets In Out Footage Hrs ROP Grade19 6.125 SECURITY MM64D 12386916 3-14, 3-16 12,706' -------

-------

-------

-------

Activity Summary (6:00am - 6:00am)From To Hours P / U Summary

6:00 12:30 6.50 UnPlannedTIH F/130'-T/11842'Filling every 15stnds per RSS running procedure

12:30 13:30 1.00 PlannedSlip and cut (11 wraps)Circulate bottoms up at shoe while slip and cut

13:30 14:30 1.00 PlannedRig servicechange out grabber dies

14:30 15:00 0.50 UnPlannedTIH F/11842'-T/12706'Filling pipe every 15stnds per RSS running procedure

15:00 17:30 2.50 UnPlanned

Down Link RSSTrouble shoot BHA on bottom (Won't drill)Motor Failure

17:30 18:00 0.50 UnPlannedFlow check (good)Pump slug

18:00 23:00 5.00 UnPlanned TOOH F/12706'-T/130'

23:00 1:30 2.50 UnPlanned

Verify motor failureL/D motorVisually inspect RSS and bitSurface test RSS verify Functioning as designed P/U float and XO

1:30 6:00 4.50 UnPlannedTIH F/104'-T/8549'Filling every 15stnds per RSS running procedure

Total Hours: 24

24 Hour Activity Summary:TIH, Slip and cut, Trouble shoot motor and RSS on Bottom (motor failure), TOOH, L/D motor, TIH

24 Hour Plan Forward:Continue to TIH, Drill 6.125' production lateral

Safety FuelLast BOP Test 12/17/2014 Last BOP Drill 12/17/2014 Last Function Test 12/17/2014 Diesel Used 1,092 Diesel Recvd Diesel on Loc 4,744

Page 163: Well Name Daily Drilling Report

Daily Cost Report

Well Name: UTL 28-17-1H

Report Date: 12/21/2014

Daily Cost $54,175

Intangible Costs

Code Description Comments Daily Cum 830.010 Permits, Licenses, ect $3,000

830.020 Staking & Surveying $5,000

830.030 Road, Locations $92,489

830.035 Mobilization/Demobilization $172,500

830.040 Daywork Contract Basin 104 Day Rate -18500 $18,500 $1,263,665

830.050 Mouse/Rathole/Conduct Pipe $28,300

830.055 Directional Drilling & Survey Day rate Newsco and Terravici $27,800 $565,623

830.060 Bits, Tools, Stabalizers $423,012

830.065 Fuel, Power $314,888

830.070 Equipment Rental $3,374 $339,398

830.071 Hot Shot Trucking Tejas, Haul new motor f/spidel/ back haul 1 $601 $18,245

830.075 Mud & Chemicals $219,648

830.080 Mud Logging Standby day rate is $756 full rate is $945 a day $62,760

830.090 Core Analysis

830.095 Openhole Logging

830.100 Cement Services $229,364

830.110 Casing Crew & Equipment $93,685

830.120 Contract Labor $87,159

830.160 Fishing Services $24,207

830.165 Drill Water $48,634

830.175 Supervision Jeff Staples, Nate Renner $3,900 $311,200

830.185 Insurance $35,000

830.190 Legal $10,000

830.195 P&A/TA Costs

840.100 Cement Services (4-1/2" Liner)

Total Intangible $54,175 $4,347,777Tangible Costs

Code Description Comments Daily Cum 850.010 Conductor Casing - 13-3/8" $32,219

850.015 Surface Casing - 9-5/8" $200,000

850.120 Intermediate Casing - 7" $321,716

850.145 Wellhead Equipment $35,164

850.150 Float equipment, Centralizers & DVT $4,367

850.275 Tangible Contingency $562,114

860.030 Production Casing - 4-1/2"

860.035 Liner Hanger - 4-1/2"

Total Tangible $1,155,580Total Costs $54,175 $5,503,357

WellEz Information Management Ver4.21.14bg

Page 164: Well Name Daily Drilling Report

Daily Drilling ReportWell Name UTL 28-17-1H

Report Date 12/22/2014

Field University Lands Supervisor Jeff Staples Report No. 77Location Supervisor 2 DFS 69County Ward Rig Phone Spud Date 10/14/2014Rig Name 104 Rig Email AFE $6,178,695.00

KB 22.5 Daily Footage 486 Daily Cost $43,574.10

Depth (MD) 13,192 TVD at Bit 11,536 Cum. Cost $5,546,930.78

Estimated TD 21,100

Casing Data

Type Size Weight Grade Connection Top Bottom Shoe TestSurface 13-3/8 48.0 J55 8 Rnd STC 15' 919' 10 ppgIntermediate 9-5/8 40.0 J-55 LTC 15' 7,160'Intermediate 7 29.0 P-110 LTC 15' 11,788'

Mud Properties Last Survey BHAType Brine Depth Inc Azi Component Length ID ODWeight 11.8 13,111' 91.00º 252.40º Drill Bit 1.00' 6.13FV 39 Steerable Assembly 19.98' 4.75PV 13 Drilling Parameters Monel Collar 31.02' 2.50 4.75YP 11 Max WOB 20 Sub 11.37' 2.93 4.75LCM (ppb) Max RPM 140 Monel Collar 30.32' 2.06 4.75Chlorides 187000 Max Torque 9000 Sub 4.67' 2.69 4.75% Solids 15.6 Max Pull Sub 2.76' 2.31 4.75Daily Losses Bkgrnd Gas X-Over 3.31' 2.31 5.25Total Losses Max Gas

Cnx GasTrip Gas

Total Length: 104.43

Bit InfoBit # Size Make Type S/N Jets In Out Footage Hrs ROP Grade19 6.125 SECURITY MM64D 12386916 3-14, 3-16 12,706' 13,192' 486' 19.2 25.0 -------

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-------

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Activity Summary (6:00am - 6:00am)From To Hours P / U Summary

6:00 7:30 1.50 PlannedTrip in hole filling every 15 stands per RSS running procedureF/ 9800 - T/ 11793

7:30 8:30 1.00 Planned Circulate bottoms up at the shoe

8:30 9:00 0.50 PlannedFinish trip in holeF/ 11793 - T/12706

9:00 11:30 2.50 Drilling

Drill 6.125" production lateralF/12706 - T/12775WOB=20ROT=115-120DIFF=50GPM=300ROP=35-40Mud WT=11.8ppg 40vis 11ph

11:30 12:00 0.50 Planned Rig Service

12:00 6:00 18.00 Drilling

Drill 6.125" production lateralF/ 12775 - T/13192WOB=20ROT=95-115Diff=50GPM=300Mud wt=11.8ppg 40vis 11ph

Total Hours: 24

24 Hour Activity Summary:Trip in hole, Rig Service, Drill 6.125" production lateral F/ 12,706 - T/13,192

24 Hour Plan Forward:Drill 6.125" production lateral

Safety FuelLast BOP Test 12/17/2014 Last BOP Drill 12/17/2014 Last Function Test 12/17/2014 Diesel Used 1,607 Diesel Recvd Diesel on Loc 3,137

Page 165: Well Name Daily Drilling Report

Daily Cost Report

Well Name: UTL 28-17-1H

Report Date: 12/22/2014

Daily Cost $43,574

Intangible Costs

Code Description Comments Daily Cum 830.010 Permits, Licenses, ect $3,000

830.020 Staking & Surveying $5,000

830.030 Road, Locations $92,489

830.035 Mobilization/Demobilization $172,500

830.040 Daywork Contract Basin 104 Day Rate -18500 $18,500 $1,282,165

830.050 Mouse/Rathole/Conduct Pipe $28,300

830.055 Directional Drilling & Survey Day rate Newsco and Terravici $17,800 $583,423

830.060 Bits, Tools, Stabalizers $423,012

830.065 Fuel, Power $314,888

830.070 Equipment Rental $3,374 $342,772

830.071 Hot Shot Trucking $18,245

830.075 Mud & Chemicals $219,648

830.080 Mud Logging Standby day rate is $756 full rate is $945 a day $62,760

830.090 Core Analysis

830.095 Openhole Logging

830.100 Cement Services $229,364

830.110 Casing Crew & Equipment $93,685

830.120 Contract Labor $87,159

830.160 Fishing Services $24,207

830.165 Drill Water $48,634

830.175 Supervision Jeff Staples $3,900 $315,100

830.185 Insurance $35,000

830.190 Legal $10,000

830.195 P&A/TA Costs

840.100 Cement Services (4-1/2" Liner)

Total Intangible $43,574 $4,391,351Tangible Costs

Code Description Comments Daily Cum 850.010 Conductor Casing - 13-3/8" $32,219

850.015 Surface Casing - 9-5/8" $200,000

850.120 Intermediate Casing - 7" $321,716

850.145 Wellhead Equipment $35,164

850.150 Float equipment, Centralizers & DVT $4,367

850.275 Tangible Contingency $562,114

860.030 Production Casing - 4-1/2"

860.035 Liner Hanger - 4-1/2"

Total Tangible $1,155,580Total Costs $43,574 $5,546,931

WellEz Information Management Ver4.21.14bg

Page 166: Well Name Daily Drilling Report

Daily Drilling ReportWell Name UTL 28-17-1H

Report Date 12/23/2014

Field University Lands Supervisor Jeff Staples Report No. 78Location Supervisor 2 DFS 70County Ward Rig Phone Spud Date 10/14/2014Rig Name 104 Rig Email AFE $6,178,695.00

KB 22.5 Daily Footage 133 Daily Cost $63,416.02

Depth (MD) 13,325 TVD at Bit 11,536 Cum. Cost $5,610,346.80

Estimated TD 21,100

Casing Data

Type Size Weight Grade Connection Top Bottom Shoe TestSurface 13-3/8 48.0 J55 8 Rnd STC 15' 919' 10 ppgIntermediate 9-5/8 40.0 J-55 LTC 15' 7,160'Intermediate 7 29.0 P-110 LTC 15' 11,788'

Mud Properties Last Survey BHAType Brine Depth Inc Azi Component Length ID ODWeight 12 Drill Bit 1.00' 6.13FV 39 Steerable Assembly 20.01' 4.75PV 13 Drilling Parameters Monel Collar 31.02' 2.50 4.75YP 11 Max WOB 20 Sub 11.37' 2.93 4.75LCM (ppb) Max RPM 140 Monel Collar 30.32' 2.06 4.75Chlorides 187000 Max Torque Sub 4.67' 2.69 4.75% Solids 15.6 Max Pull Sub 1.47' 2.50 4.50Daily Losses Bkgrnd Gas Motor 28.03' 4.75Total Losses Max Gas Sub 2.76' 2.31 5.25

Cnx Gas X-Over 3.31' 2.31 5.25Trip Gas Drill Pipe 11746.53' 4.00

LWD Tool 1405.54' 4.00Total Length: 13286.03

Bit InfoBit # Size Make Type S/N Jets In Out Footage Hrs ROP Grade20 6.125 SECURITY FX54D 11994709 5x16's 13,325' -------

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-------

-------

Activity Summary (6:00am - 6:00am)From To Hours P / U Summary

6:00 14:30 8.50 Drilling

Drilling 6.125" production lateralF/13,192' - T/ 13,325' WOB=15-21ROT=80-125DIFF=40-80GPM=300TORQ=7800-8500MUD WT=12ppg 40vis 11ph

14:30 15:30 1.00 PlannedTrip out hole to pick up mud motorF/13,325' - T/ 11,801

15:30 16:30 1.00 Planned

Circulate Bottoms upFlow check= No FlowPump slug

16:30 17:00 0.50 Planned Rig Service

17:00 21:30 4.50 Planned

Trip out hole Cont..F/ 11,801' - T/BHAChange out RSS, Bit and pick up Mud MotorSurface test= Tested Good

21:30 6:00 8.50 Planned Trip in hole filling every 15 stands per RSS running procedure

Total Hours: 24

24 Hour Activity Summary:Drill to 13325, trip out hole to pick up mud motor, Bit, new RSS, Surface test and Trip back in the hole

24 Hour Plan Forward:Trip in hole to bottom, Drill ahead 6.125 production lateral

Safety FuelLast BOP Test 12/17/2014 Last BOP Drill 12/17/2014 Last Function Test 12/17/2014 Diesel Used 1,499 Diesel Recvd 7,002 Diesel on Loc 8,640

Page 167: Well Name Daily Drilling Report

Daily Cost Report

Well Name: UTL 28-17-1H

Report Date: 12/23/2014

Daily Cost $63,416

Intangible Costs

Code Description Comments Daily Cum 830.010 Permits, Licenses, ect $3,000

830.020 Staking & Surveying $5,000

830.030 Road, Locations $92,489

830.035 Mobilization/Demobilization $172,500

830.040 Daywork Contract Basin 104 Day Rate -18500 $18,500 $1,300,665

830.050 Mouse/Rathole/Conduct Pipe $28,300

830.055 Directional Drilling & Survey Day rate Newsco and Terravici- redress MTR and RSS $21,050 $604,473

830.060 Bits, Tools, Stabalizers $423,012

830.065 Fuel, Power rig fuel $16,721 $331,610

830.070 Equipment Rental $3,245 $346,017

830.071 Hot Shot Trucking $18,245

830.075 Mud & Chemicals $219,648

830.080 Mud Logging Standby day rate is $756 full rate is $945 a day $62,760

830.090 Core Analysis

830.095 Openhole Logging

830.100 Cement Services $229,364

830.110 Casing Crew & Equipment $93,685

830.120 Contract Labor $87,159

830.160 Fishing Services $24,207

830.165 Drill Water $48,634

830.175 Supervision Jeff Staples $3,900 $319,000

830.185 Insurance $35,000

830.190 Legal $10,000

830.195 P&A/TA Costs

840.100 Cement Services (4-1/2" Liner)

Total Intangible $63,416 $4,454,767Tangible Costs

Code Description Comments Daily Cum 850.010 Conductor Casing - 13-3/8" $32,219

850.015 Surface Casing - 9-5/8" $200,000

850.120 Intermediate Casing - 7" $321,716

850.145 Wellhead Equipment $35,164

850.150 Float equipment, Centralizers & DVT $4,367

850.275 Tangible Contingency $562,114

860.030 Production Casing - 4-1/2"

860.035 Liner Hanger - 4-1/2"

Total Tangible $1,155,580Total Costs $63,416 $5,610,347

WellEz Information Management Ver4.21.14bg

Page 168: Well Name Daily Drilling Report

Daily Drilling ReportWell Name UTL 28-17-1H

Report Date 12/24/2014

Field University Lands Supervisor Nate Baxter Report No. 79Location Supervisor 2 DFS 71County Ward Rig Phone Spud Date 10/14/2014Rig Name 104 Rig Email AFE $6,178,695.00

KB 22.5 Daily Footage 515 Daily Cost $65,326.75

Depth (MD) 13,840 TVD at Bit 11,538 Cum. Cost $5,675,673.55

Estimated TD 21,100

Casing Data

Type Size Weight Grade Connection Top Bottom Shoe TestSurface 13-3/8 48.0 J55 8 Rnd STC 15' 919' 10 ppgIntermediate 9-5/8 40.0 J-55 LTC 15' 7,160'Intermediate 7 29.0 P-110 LTC 15' 11,788'

Mud Properties Last Survey BHAType Brine Depth Inc Azi Component Length ID ODWeight 12 13,702' 90.20º 251.10º Drill Bit 1.00' 6.13FV 45 Steerable Assembly 20.01' 4.75PV 13 Drilling Parameters Monel Collar 31.02' 2.50 4.75YP 22 Max WOB 20 Sub 11.37' 2.93 4.75LCM (ppb) Max RPM 140 Monel Collar 30.32' 2.06 4.75Chlorides 140000 Max Torque 10000 Sub 4.67' 2.69 4.75% Solids 15.2 Max Pull 187 Sub 1.47' 2.50 4.50Daily Losses Bkgrnd Gas 250 Motor 28.03' 4.75Total Losses Max Gas 6500 Sub 2.76' 2.31 5.25

Cnx Gas 5300 X-Over 3.31' 2.31 5.25Trip Gas Drill Pipe 11735.28' 4.00

LWD Tool 1405.54' 4.00Total Length: 13274.78

Bit InfoBit # Size Make Type S/N Jets In Out Footage Hrs ROP Grade20 6.125 SECURITY FX54D 5x16's 11994709 5x16's 13,325' 13,840' 515' 17.0 30.0 -------

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-------

-------

Activity Summary (6:00am - 6:00am)From To Hours P / U Summary

06:00 12:30 6.50 Planned

TIH W/ BHA #23F/ 7,165' - T/13,325'Filling pipe every 15 stnds as per RSS ProcedureAchieved proper displacementSync Rss while washing last stnd to bottom.

12:30 13:00 0.50 Planned Rig Service

13:00 18:00 5.00 Drilling

Drill 6 1/8" Production LateralF/13,325' - T/ 13,496' (171')AROP= 34.2WOB=17RPM=80Off BtmTorque= 5 kft-lbsDiff=235GPM=293Off btm SPP=3577 Survey @ 13,422' 89.6 inc 249.4 AZM 11,533.72' TVDLithology= 80% SH 20% LSMud Wt 46vis /12ppg

18:00 06:00 12.00 Drilling

Drill 6 1/8" Production LateralF/13,496' - T/ 13,840' (344')AROP= 28.6WOB=20RPM=55Off BtmTorque= 5.1 kft-lbsDiff=235GPM=293Off btm SPP=3690 Survey @ 13,702' 90.2 inc 251.1 AZM 11,538.75 TVDLithology= 70% SH 30% LSMud Wt 46vis /12ppg

Total Hours: 24

24 Hour Activity Summary:TIH, Drill 6 1/8" Production Lateral F/13,325' - T13,840' (515') 30' AROP

24 Hour Plan Forward:

Page 169: Well Name Daily Drilling Report

Drill 6 1/8" Production Lateral

Safety FuelLast BOP Test 12/17/2014 Last BOP Drill 12/17/2014 Last Function Test 12/17/2014 Diesel Used 833 Diesel Recvd Diesel on Loc 7,807

Page 170: Well Name Daily Drilling Report

Daily Cost Report

Well Name: UTL 28-17-1H

Report Date: 12/24/2014

Daily Cost $65,327

Intangible Costs

Code Description Comments Daily Cum 830.010 Permits, Licenses, ect $3,000

830.020 Staking & Surveying $5,000

830.030 Road, Locations $92,489

830.035 Mobilization/Demobilization $172,500

830.040 Daywork Contract Basin 104 Day Rate -18500 $18,500 $1,319,165

830.050 Mouse/Rathole/Conduct Pipe $28,300

830.055 Directional Drilling & Survey Day rate Newsco and Terravici- redress MTR and RSS $20,300 $624,773

830.060 Bits, Tools, Stabalizers $423,012

830.065 Fuel, Power $331,610

830.070 Equipment Rental $3,245 $349,262

830.071 Hot Shot Trucking Tejas $418 $18,663

830.075 Mud & Chemicals $18,964 $238,611

830.080 Mud Logging Standby day rate is $756 full rate is $945 a day $62,760

830.090 Core Analysis

830.095 Openhole Logging

830.100 Cement Services $229,364

830.110 Casing Crew & Equipment $93,685

830.120 Contract Labor $87,159

830.160 Fishing Services $24,207

830.165 Drill Water $48,634

830.175 Supervision Jeff Staples $3,900 $322,900

830.185 Insurance $35,000

830.190 Legal $10,000

830.195 P&A/TA Costs

840.100 Cement Services (4-1/2" Liner)

Total Intangible $65,327 $4,520,094Tangible Costs

Code Description Comments Daily Cum 850.010 Conductor Casing - 13-3/8" $32,219

850.015 Surface Casing - 9-5/8" $200,000

850.120 Intermediate Casing - 7" $321,716

850.145 Wellhead Equipment $35,164

850.150 Float equipment, Centralizers & DVT $4,367

850.275 Tangible Contingency $562,114

860.030 Production Casing - 4-1/2"

860.035 Liner Hanger - 4-1/2"

Total Tangible $1,155,580Total Costs $65,327 $5,675,674

WellEz Information Management Ver4.21.14bg

Page 171: Well Name Daily Drilling Report

Daily Drilling ReportWell Name UTL 28-17-1H

Report Date 12/25/2014

Field University Lands Supervisor Nate Baxter Report No. 80Location Supervisor 2 DFS 72County Ward Rig Phone (432) 614-2013 Spud Date 10/14/2014Rig Name 104 Rig Email [email protected] AFE $6,178,695.00

KB 22.5 Daily Footage 565 Daily Cost $58,303.07

Depth (MD) 14,405 TVD at Bit 11,542 Cum. Cost $5,733,976.62

Estimated TD 21,100

Casing Data

Type Size Weight Grade Connection Top Bottom Shoe TestSurface 13-3/8 48.0 J55 8 Rnd STC 15' 919' 10 ppgIntermediate 9-5/8 40.0 J-55 LTC 15' 7,160'Intermediate 7 29.0 P-110 LTC 15' 11,788'

Mud Properties Last Survey BHAType Brine Depth Inc Azi Component Length ID ODWeight 11.8 Drill Bit 1.00' 6.13FV 43 Steerable Assembly 20.01' 4.75PV 12 Drilling Parameters Monel Collar 31.02' 2.50 4.75YP 20 Max WOB 20 Sub 11.37' 2.93 4.75LCM (ppb) Max RPM 160 Monel Collar 30.32' 2.06 4.75Chlorides 142000 Max Torque 8 Sub 4.67' 2.69 4.75% Solids Max Pull Sub 1.47' 2.50 4.50Daily Losses Bkgrnd Gas Motor 28.03' 4.75Total Losses Max Gas Sub 2.76' 2.31 5.25

Cnx Gas X-Over 3.31' 2.31 5.25Trip Gas Drill Pipe 11735.28' 4.00

LWD Tool 1405.54' 4.00Total Length: 13274.78

Bit InfoBit # Size Make Type S/N Jets In Out Footage Hrs ROP Grade20 6.125 SECURITY FX54D 5x16's 11994709 5x16's 13,325' 14,405' 1,080' 35.5 30.0 -------

-------

-------

-------

Activity Summary (6:00am - 6:00am)From To Hours P / U Summary

06:00 09:30 3.50 Drilling

Drill 6 1/8" Production LateralF/13,840' - T/ 13,929' (89')AROP= 25WOB=20RPM=75Off BtmTorque= 5.4 kft-lbsDiff=135GPM=299Off Btm PSI=3809Survey @ 13,889' 88.6 inc 250.9 AZM 11,539.25 TVDLithology= 60% SH 40% LSMud Wt 44vis /12ppg

09:30 10:00 0.50 Planned Rig Service

10:00 21:00 11.00 Drilling

Drill 6 1/8" Production LateralF/13,929' - T/ 14,307 (378')AROP= 34WOB=20RPM=60Off BtmTorque= 5.4 kft-lbsDiff=233GPM=305Off Btm PSI=3824Survey @ 14,172' 89.0 inc 251.7 AZM 11,542.38 TVDLithology= 75% SH 25% LSMud Wt 42vis /11.8ppg

21:00 22:00 1.00 UnPlannedNPT Basin 104.Working on mud pumps

22:00 02:00 4.00 Drilling

Drill 6 1/8" Production LateralF/14,307 - T/ 14,405 (98')AROP= 25WOB=20RPM=60Off BtmTorque= 5.4 kft-lbsDiff=233GPM=305Off Btm PSI=3824Survey @ 14,360' 92.8 inc 255.6 AZM 11,541.56 TVDLithology= 80% SH 20% LSMud Wt 42vis /11.8ppg

02:00 06:00 4.00 UnPlannedNPT Basin 104Working on mud pumps

Page 172: Well Name Daily Drilling Report

Total Hours: 24

24 Hour Activity Summary:Drill 6 1/8" Production Lateral F/13,840' - T/14,405' (565') 31' AROP NPT working on pumps

24 Hour Plan Forward:Drill 6 1/8" Production Lateral

Safety FuelLast BOP Test 12/17/2014 Last BOP Drill 12/17/2014 Last Function Test 12/17/2014 Diesel Used 1,971 Diesel Recvd Diesel on Loc 5,836

Page 173: Well Name Daily Drilling Report

Daily Cost Report

Well Name: UTL 28-17-1H

Report Date: 12/25/2014

Daily Cost $58,303

Intangible Costs

Code Description Comments Daily Cum 830.010 Permits, Licenses, ect $3,000

830.020 Staking & Surveying $5,000

830.030 Road, Locations $92,489

830.035 Mobilization/Demobilization $172,500

830.040 Daywork Contract Basin 104 Day Rate -18500 $14,645 $1,333,810

830.050 Mouse/Rathole/Conduct Pipe $28,300

830.055 Directional Drilling & Survey Day rate Newsco and Terravici- redress MTR and RSS $20,300 $645,073

830.060 Bits, Tools, Stabalizers 2 lateral bits. Security $13,313 $436,325

830.065 Fuel, Power $331,610

830.070 Equipment Rental $3,245 $352,507

830.071 Hot Shot Trucking $18,663

830.075 Mud & Chemicals $175 $238,787

830.080 Mud Logging $1225/day Geo $1500/day crown $2,725 $65,485

830.090 Core Analysis

830.095 Openhole Logging

830.100 Cement Services $229,364

830.110 Casing Crew & Equipment $93,685

830.120 Contract Labor $87,159

830.160 Fishing Services $24,207

830.165 Drill Water $48,634

830.175 Supervision Jeff Staples $3,900 $326,800

830.185 Insurance $35,000

830.190 Legal $10,000

830.195 P&A/TA Costs

840.100 Cement Services (4-1/2" Liner)

Total Intangible $58,303 $4,578,397Tangible Costs

Code Description Comments Daily Cum 850.010 Conductor Casing - 13-3/8" $32,219

850.015 Surface Casing - 9-5/8" $200,000

850.120 Intermediate Casing - 7" $321,716

850.145 Wellhead Equipment $35,164

850.150 Float equipment, Centralizers & DVT $4,367

850.275 Tangible Contingency $562,114

860.030 Production Casing - 4-1/2"

860.035 Liner Hanger - 4-1/2"

Total Tangible $1,155,580Total Costs $58,303 $5,733,977

WellEz Information Management Ver4.21.14bg

Page 174: Well Name Daily Drilling Report

Daily Drilling ReportWell Name UTL 28-17-1H

Report Date 12/26/2014

Field University Lands Supervisor Nate Baxter Report No. 81Location Supervisor 2 DFS 73County Ward Rig Phone (432) 614-2013 Spud Date 10/14/2014Rig Name 104 Rig Email [email protected] AFE $6,178,695.00

KB 22.5 Daily Footage 445 Daily Cost $47,899.00

Depth (MD) 14,850 TVD at Bit 11,542 Cum. Cost $5,781,875.62

Estimated TD 21,100

Casing Data

Type Size Weight Grade Connection Top Bottom Shoe TestSurface 13-3/8 48.0 J55 8 Rnd STC 15' 919' 10 ppgIntermediate 9-5/8 40.0 J-55 LTC 15' 7,160'Intermediate 7 29.0 P-110 LTC 15' 11,788'

Mud Properties Last Survey BHAType Brine Depth Inc Azi Component Length ID ODWeight 11.8 14,733' 87.80º 246.60º Drill Bit 1.00' 6.13FV 43 Steerable Assembly 20.01' 4.75PV 12 Drilling Parameters Monel Collar 31.02' 2.50 4.75YP 20 Max WOB 20 Sub 11.37' 2.93 4.75LCM (ppb) Max RPM 160 Monel Collar 30.32' 2.06 4.75Chlorides 142000 Max Torque 10 Sub 4.67' 2.69 4.75% Solids Max Pull 200 Sub 1.47' 2.50 4.50Daily Losses Bkgrnd Gas 400 Motor 28.03' 4.75Total Losses Max Gas Sub 2.76' 2.31 5.25

Cnx Gas 4500 X-Over 3.31' 2.31 5.25Trip Gas Drill Pipe 11735.28' 4.00

LWD Tool 1405.54' 4.00Total Length: 13274.78

Bit InfoBit # Size Make Type S/N Jets In Out Footage Hrs ROP Grade20 6.125 SECURITY FX54D 5x16's 11994709 5x16's 13,325' 14,850' 1,525' 53.0 29.0 -------

-------

-------

-------

Activity Summary (6:00am - 6:00am)From To Hours P / U Summary

06:00 07:00 1.00 UnPlannedNPT Basin 104Working on mud pumps

07:00 07:30 0.50 PlannedRig ServiceRe-Calibrate pason pump stroke counters

07:30 18:00 10.50 Drilling

Drill 6 1/8" Production LateralF/14,405 - T/ 14,680 (275')AROP= 26WOB=18RPM=70Off BtmTorque= 6.1 kft-lbsDiff=277GPM=298Off Btm PSI=3782Survey @ 14,640' 89.4 inc 247.5 AZM 11,539.92TVDLithology= 60% SH 40% LSMud Wt 41vis /11.9ppg

18:00 01:00 7.00 Drilling

Drill 6 1/8" Production LateralF/14,680' - T/ 14,850' (170')AROP= 24WOB=18RPM=70Off BtmTorque= 6.1 kft-lbsDiff=277GPM=298Off Btm PSI=3782Survey @ 14,733' 87.8 inc 246.6 AZM 11,542.19 TVDLithology= 40% SH 60% LSMud Wt 42vis /11.7ppg

01:00 02:30 1.50 Planned

Trouble Shoot RSS Tool.Down Hole RSS tool failure confirmedClean hole and condition the mud.Build Dry job and prepare to trip out hole.Flow check well. Well static.Pump Dry Job.

02:30 06:00 3.50 Planned

TOH For RSS FailureF/14,850' - T/11,788' (Casing Shoe)Achieved proper hole fillFlow check well @ Csg Shoe-Well staticRemove Rott HeadTOH F/11,788' - T/11,350'

Page 175: Well Name Daily Drilling Report

Total Hours: 24

24 Hour Activity Summary:NPT working on pumps. Drill 6 1/8" Production Lateral F/14,405'- T/14,850' (445') 25' AROP RSS Tool Failure. TOOH

24 Hour Plan Forward:Drill 6 1/8" Production Lateral

Safety FuelLast BOP Test 12/17/2014 Last BOP Drill 12/17/2014 Last Function Test 12/17/2014 Diesel Used 1,635 Diesel Recvd Diesel on Loc 4,201

Page 176: Well Name Daily Drilling Report

Daily Cost Report

Well Name: UTL 28-17-1H

Report Date: 12/26/2014

Daily Cost $47,899

Intangible Costs

Code Description Comments Daily Cum 830.010 Permits, Licenses, ect $3,000

830.020 Staking & Surveying $5,000

830.030 Road, Locations $92,489

830.035 Mobilization/Demobilization $172,500

830.040 Daywork Contract Basin 104 Day Rate -18500 $17,729 $1,351,539

830.050 Mouse/Rathole/Conduct Pipe $28,300

830.055 Directional Drilling & Survey Day rate Newsco and Terravici $20,300 $665,373

830.060 Bits, Tools, Stabalizers $436,325

830.065 Fuel, Power $331,610

830.070 Equipment Rental $3,245 $355,752

830.071 Hot Shot Trucking $18,663

830.075 Mud & Chemicals $238,787

830.080 Mud Logging $1225/day Geo $1500/day crown $2,725 $68,210

830.090 Core Analysis

830.095 Openhole Logging

830.100 Cement Services $229,364

830.110 Casing Crew & Equipment $93,685

830.120 Contract Labor $87,159

830.160 Fishing Services $24,207

830.165 Drill Water $48,634

830.175 Supervision Nate Baxter $3,900 $330,700

830.185 Insurance $35,000

830.190 Legal $10,000

830.195 P&A/TA Costs

840.100 Cement Services (4-1/2" Liner)

Total Intangible $47,899 $4,626,296Tangible Costs

Code Description Comments Daily Cum 850.010 Conductor Casing - 13-3/8" $32,219

850.015 Surface Casing - 9-5/8" $200,000

850.120 Intermediate Casing - 7" $321,716

850.145 Wellhead Equipment $35,164

850.150 Float equipment, Centralizers & DVT $4,367

850.275 Tangible Contingency $562,114

860.030 Production Casing - 4-1/2"

860.035 Liner Hanger - 4-1/2"

Total Tangible $1,155,580Total Costs $47,899 $5,781,876

WellEz Information Management Ver4.21.14bg

Page 177: Well Name Daily Drilling Report

Daily Drilling ReportWell Name UTL 28-17-1H

Report Date 12/27/2014

Field University Lands Supervisor Nate Baxter Report No. 82Location Supervisor 2 DFS 74County Ward Rig Phone (432) 614-2013 Spud Date 10/14/2014Rig Name 104 Rig Email [email protected] AFE $6,178,695.00

KB 22.5 Daily Footage Daily Cost $75,346.66

Depth (MD) 14,850 TVD at Bit 11,542 Cum. Cost $5,857,222.28

Estimated TD 21,100

Casing Data

Type Size Weight Grade Connection Top Bottom Shoe TestSurface 13-3/8 48.0 J55 8 Rnd STC 15' 919' 10 ppgIntermediate 9-5/8 40.0 J-55 LTC 15' 7,160'Intermediate 7 29.0 P-110 LTC 15' 11,788'

Mud Properties Last Survey BHAType Brine Depth Inc Azi Component Length ID ODWeight 12 Drill Bit 1.00' 6.13FV 38 Steerable Assembly 20.00' 4.75PV 12 Drilling Parameters Monel Collar 31.02' 2.50 4.75YP 18 Max WOB 20 Sub 11.37' 2.93 4.75LCM (ppb) Max RPM 160 Monel Collar 30.32' 2.06 4.75Chlorides 134000 Max Torque Sub 4.67' 2.69 4.75% Solids Max Pull Sub 1.47' 2.50 4.50Daily Losses Bkgrnd Gas Motor 26.82' 4.75Total Losses Max Gas Sub 2.76' 2.31 5.25

Cnx Gas X-Over 3.31' 2.31 5.25Trip Gas Drill Pipe 11735.28' 4.00

Drill Pipe 1405.54' 4.00Total Length: 13273.56

Bit InfoBit # Size Make Type S/N Jets In Out Footage Hrs ROP Grade21 6.125 NOV RSH711M A169099 4-18's 14,850' -------

-------

-------

-------

Activity Summary (6:00am - 6:00am)From To Hours P / U Summary

06:00 12:00 6.00 Planned

TOH for RSS Motor failureF/11,350'- T/SurfaceAchieved Proper Hole fillL/D Motor, RSS And Bit.Mud Motor drained loose and noisy with 1/2 gap in bearing. RSS checked out good on surface. Internal Issues presumed and lots of red flags. Waiting for tool down link.Bit Grade 1-2 In gauge

12:00 18:30 6.50 Planned

P/U Bit #21 and BHA #24 as follows:Bit- 6 1/8" NOV RSH711MTerraVici RSS4 3/4" 7/8 2.6 stg .26RPG straight Cavo Motor (5 7/8" Stabilizer)Good surface test of all MWD and motor equip.TIH F/Surface - T/11,788' (Casing Shoe)Achieved proper displacementFill pipe every 15 stnds as per RSS RNG procedure.Install Rott head.

18:30 20:00 1.50 Planned Slip and cut drill line

20:00 22:30 2.50 Planned

TIH F/11,788' - T/14,300'Achieved proper displacementFill pipe every 15 stnds as per RSS RNG procedure.

22:30 06:00 7.50 UnPlanned

NPT Basin 104Driller not paying attention and tagged up while attempting to wash down due to buckling.Pressured up and torqued up drill string. Motor stalled and then sudden release of torque in drill string.Driller failed to remove the controls from connection to drill mode so all m/u torque applied to drill string 18 kft-lbsPresumed motor backed off.Top drive torqued up smoked grabber dies trying to break out connection.X/O Grabber diesExcessive spp and minimal bleed off drill string once pumps off.Trip out Hole wet to check tools.Erratic and sudden moments of drag while tripping out.Drill string torqued up. Using tongs and spinners to break out.

Total Hours: 24

24 Hour Activity Summary:TOOH, X/O Motor, RSS, and Bit. TIH, Slip and cut drill line. TIH. Wash and ream down due to buckling. Driller error on controls and tagged up. Presumed motor back off. Trip out to check tools. NPT Basin 104

24 Hour Plan Forward:

Page 178: Well Name Daily Drilling Report

Drill 6 1/8" Production Lateral

Safety FuelLast BOP Test 12/17/2014 Last BOP Drill 12/17/2014 Last Function Test 12/17/2014 Diesel Used 1,162 Diesel Recvd 5,601 Diesel on Loc 8,640

Page 179: Well Name Daily Drilling Report

Daily Cost Report

Well Name: UTL 28-17-1H

Report Date: 12/27/2014

Daily Cost $75,347

Intangible Costs

Code Description Comments Daily Cum 830.010 Permits, Licenses, ect $3,000

830.020 Staking & Surveying $5,000

830.030 Road, Locations $92,489

830.035 Mobilization/Demobilization $172,500

830.040 Daywork Contract Basin 104 Day Rate -18500 $12,718 $1,364,257

830.050 Mouse/Rathole/Conduct Pipe $28,300

830.055 Directional Drilling & Survey Day rate Newsco and Terravici $29,800 $695,173

830.060 Bits, Tools, Stabalizers Bit # 20 Hal $6,656 $442,981

830.065 Fuel, Power $12,541 $344,150

830.070 Equipment Rental $3,245 $358,997

830.071 Hot Shot Trucking Tejas $570 $19,233

830.075 Mud & Chemicals $2,691 $241,478

830.080 Mud Logging $1225/day Geo $1500/day crown $2,725 $70,935

830.090 Core Analysis

830.095 Openhole Logging

830.100 Cement Services $229,364

830.110 Casing Crew & Equipment $93,685

830.120 Contract Labor Final Touch. Clean camps $500 $87,659

830.160 Fishing Services $24,207

830.165 Drill Water $48,634

830.175 Supervision Nate Baxter $3,900 $334,600

830.185 Insurance $35,000

830.190 Legal $10,000

830.195 P&A/TA Costs

840.100 Cement Services (4-1/2" Liner)

Total Intangible $75,347 $4,701,643Tangible Costs

Code Description Comments Daily Cum 850.010 Conductor Casing - 13-3/8" $32,219

850.015 Surface Casing - 9-5/8" $200,000

850.120 Intermediate Casing - 7" $321,716

850.145 Wellhead Equipment $35,164

850.150 Float equipment, Centralizers & DVT $4,367

850.275 Tangible Contingency $562,114

860.030 Production Casing - 4-1/2"

860.035 Liner Hanger - 4-1/2"

Total Tangible $1,155,580Total Costs $75,347 $5,857,222

WellEz Information Management Ver4.21.14bg

Page 180: Well Name Daily Drilling Report

Daily Drilling ReportWell Name UTL 28-17-1H

Report Date 12/28/2014

Field University Lands Supervisor Nate Baxter Report No. 83Location Supervisor 2 DFS 75County Ward Rig Phone (432) 614-2013 Spud Date 10/14/2014Rig Name 104 Rig Email [email protected] AFE $6,178,695.00

KB 22.5 Daily Footage Daily Cost $47,771.00

Depth (MD) 14,850 TVD at Bit 11,542 Cum. Cost $5,904,993.28

Estimated TD 21,100

Casing Data

Type Size Weight Grade Connection Top Bottom Shoe TestSurface 13-3/8 48.0 J55 8 Rnd STC 15' 919' 10 ppgIntermediate 9-5/8 40.0 J-55 LTC 15' 7,160'Intermediate 7 29.0 P-110 LTC 15' 11,788'

Mud Properties Last Survey BHAType Brine Depth Inc Azi Component Length ID ODWeight 12 Drill Bit 1.00' 6.13FV 38 Steerable Assembly 20.00' 4.75PV 12 Drilling Parameters Monel Collar 31.02' 2.50 4.75YP 18 Max WOB 20 Sub 11.37' 2.93 4.75LCM (ppb) Max RPM 160 Monel Collar 30.32' 2.06 4.75Chlorides 134000 Max Torque Sub 4.67' 2.69 4.75% Solids Max Pull Sub 1.47' 2.50 4.50Daily Losses Bkgrnd Gas Motor 28.40' 4.75Total Losses Max Gas Sub 2.76' 2.31 5.25

Cnx Gas X-Over 3.31' 2.31 5.25Trip Gas Drill Pipe 11735.28' 4.00

Drill Pipe 1405.54' 4.00Total Length: 13275.14

Bit InfoBit # Size Make Type S/N Jets In Out Footage Hrs ROP Grade21 6.125 NOV RSH711M A169099 4-18's 14,850' -------

-------

-------

-------

Activity Summary (6:00am - 6:00am)From To Hours P / U Summary

06:00 12:30 6.50 UnPlanned

NPT Basin 104Driller not paying attention and tagged up while attempting to wash down due to buckling.Pressured up and torqued up drill string. Motor stalled and then sudden release of torque in drill string.Driller failed to remove the controls from connection to drill mode so all m/u torque applied to drill string 18 kft-lbsPresumed motor backed off.Top drive torqued up smoked grabber dies trying to break out connection.X/O Grabber diesExcessive spp and minimal bleed off drill string once pumps off.Trip out Hole wet to check tools.Erratic and sudden moments of drag while tripping out.Drill string torqued up. Using tongs and spinners to break out.L/D Motor and RSS

12:30 23:00 10.50 UnPlanned

NPT Basin 104P/U Bit #21RR and BHA #25 as follows: Bit- 6 1/8" NOV RSH711MTerraVici RSS5" 7/8 3.1 stg .31RPG straight R-3 Motor (5 7/8" Stabilizer)Good surface test of all MWD and motor equip.TIH F/Surface - T/11,788' (Casing Shoe)Achieved proper displacementFill pipe every 15 stnds as per RSS RNG procedure.Install Rott head.TIH F/11,788' - T/14,334' (Buckled out)

23:00 06:00 7.00 UnPlanned

Try to establish full circulationPressure up and torque up while loosing hook load and diminishing flow. Torque and drag increased with the pumps on.Unable to slack off with pumps on.Trip Out hole F/14,334' - T/13,400'Free and clear without pumps and rotation. Slick hole.Turn pumps on and torque and pressure up.Put returns on shakers off buster and noticed decrease in pump pressure.Drained possum belly to find a plug of cuttings. Cleaned and cleared all surface equipment.Pumps back on hole with 1800 psi decrease in pump pressure.Trip in hole F13,400' - T/14,434'Wash and ream F/14,434' - T/14,850'No hole fill observed.134' of RSS assym rigid and tight while passing through three specific doglegs.Downlink RSS and prepare to drill ahead in new formation.

Page 181: Well Name Daily Drilling Report

Total Hours: 24

24 Hour Activity Summary:TOOH, X/O Motor & RSS, TIH, Wash & Ream to bottom.

24 Hour Plan Forward:Drill 6 1/8" Production Lateral

Safety FuelLast BOP Test 12/17/2014 Last BOP Drill 12/17/2014 Last Function Test 12/17/2014 Diesel Used 1,340 Diesel Recvd Diesel on Loc 7,300

Page 182: Well Name Daily Drilling Report

Daily Cost Report

Well Name: UTL 28-17-1H

Report Date: 12/28/2014

Daily Cost $47,771

Intangible Costs

Code Description Comments Daily Cum 830.010 Permits, Licenses, ect $3,000

830.020 Staking & Surveying $5,000

830.030 Road, Locations $92,489

830.035 Mobilization/Demobilization $172,500

830.040 Daywork Contract Basin 104 Day Rate -18500 $5,396 $1,369,653

830.050 Mouse/Rathole/Conduct Pipe $28,300

830.055 Directional Drilling & Survey Day rate Newsco and Terravici $29,800 $724,973

830.060 Bits, Tools, Stabalizers $442,981

830.065 Fuel, Power $344,150

830.070 Equipment Rental $3,245 $362,242

830.071 Hot Shot Trucking haileys hotshot $575 $19,808

830.075 Mud & Chemicals $241,478

830.080 Mud Logging $1225/day Geo $1500/day crown $2,725 $73,660

830.090 Core Analysis

830.095 Openhole Logging

830.100 Cement Services $229,364

830.110 Casing Crew & Equipment $93,685

830.120 Contract Labor $87,659

830.160 Fishing Services $24,207

830.165 Drill Water Steve Kent. Brine and fresh water haul $2,130 $50,764

830.175 Supervision Nate Baxter $3,900 $338,500

830.185 Insurance $35,000

830.190 Legal $10,000

830.195 P&A/TA Costs

840.100 Cement Services (4-1/2" Liner)

Total Intangible $47,771 $4,749,414Tangible Costs

Code Description Comments Daily Cum 850.010 Conductor Casing - 13-3/8" $32,219

850.015 Surface Casing - 9-5/8" $200,000

850.120 Intermediate Casing - 7" $321,716

850.145 Wellhead Equipment $35,164

850.150 Float equipment, Centralizers & DVT $4,367

850.275 Tangible Contingency $562,114

860.030 Production Casing - 4-1/2"

860.035 Liner Hanger - 4-1/2"

Total Tangible $1,155,580Total Costs $47,771 $5,904,993

WellEz Information Management Ver4.21.14bg

Page 183: Well Name Daily Drilling Report

Daily Drilling ReportWell Name UTL 28-17-1H

Report Date 12/29/2014

Field University Lands Supervisor Nate Baxter Report No. 84Location Supervisor 2 DFS 76County Ward Rig Phone (432) 614-2013 Spud Date 10/14/2014Rig Name 104 Rig Email [email protected] AFE $6,178,695.00

KB 22.5 Daily Footage 576 Daily Cost $59,531.83

Depth (MD) 15,426 TVD at Bit 11,545 Cum. Cost $5,964,525.11

Estimated TD 21,100

Casing Data

Type Size Weight Grade Connection Top Bottom Shoe TestSurface 13-3/8 48.0 J55 8 Rnd STC 15' 919' 10 ppgIntermediate 9-5/8 40.0 J-55 LTC 15' 7,160'Intermediate 7 29.0 P-110 LTC 15' 11,788'

Mud Properties Last Survey BHAType Brine Depth Inc Azi Component Length ID ODWeight 11.9 15,294' 90.00º 246.00º Drill Bit 1.00' 6.13FV 39 Steerable Assembly 20.00' 4.75PV 11 Drilling Parameters Monel Collar 31.02' 2.50 4.75YP 20 Max WOB 20 Sub 11.37' 2.93 4.75LCM (ppb) Max RPM 160 Monel Collar 30.32' 2.06 4.75Chlorides 127000 Max Torque 9.5 Sub 4.67' 2.69 4.75% Solids Max Pull 225 Sub 1.47' 2.50 4.50Daily Losses Bkgrnd Gas 400 Motor 28.40' 4.75Total Losses Max Gas Sub 2.76' 2.31 5.25

Cnx Gas 1500 X-Over 3.31' 2.31 5.25Trip Gas Drill Pipe 11735.28' 4.00

Drill Pipe 1405.54' 4.00Total Length: 13275.14

Bit InfoBit # Size Make Type S/N Jets In Out Footage Hrs ROP Grade21 6.125 NOV RSH711M A169099 4-18's 14,850' 15,426' 576' 19.0 30.0 -------

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Activity Summary (6:00am - 6:00am)From To Hours P / U Summary

06:00 06:30 0.50 Planned

Downlink RSSSet Tool in Drill Mode and inc hold @ 88.5 deg incSet azm Right +10%

06:30 08:00 1.50 UnPlanned

NPT Basin 104 Working on Mud pumps.Pump 2 liner retention bolts sheered offPump 1 rebuild washed out pop off.

08:00 10:30 2.50 Drilling

Drill 6 1/8" Production LateralF/14,850' - T/ 14,958' (108')AROP= 43.2WOB=18RPM=70Off BtmTorque= 7.1 kft-lbsDiff=155GPM=276Off Btm PSI=3861Survey @ 14,920' 88.8 inc 247 AZM 11,547.41 TVDLithology= 100% SH 0% LSMud Wt 42vis / 12 ppg

10:30 11:00 0.50 PlannedDownlink RSSSet azm right + 40%

11:00 13:00 2.00 Drilling

Drill 6 1/8" Production LateralF/14,958' - T/ 15,022' (64')AROP= 32WOB=18RPM=70Off BtmTorque= 7.1 kft-lbsDiff=155GPM=276Off Btm PSI=3861Survey @ 14,920' 88.8 inc 247 AZM 11,547.41 TVDLithology= 80% SH 20% LSMud Wt 42vis / 12 ppg

13:00 13:30 0.50 Planned

Downlink RSSInc on fly trending sudden build.Check shot survey.Put tool in manual steer mode set @ 135 deg azm 40% bend time.

13:30 16:00 2.50 Drilling

Drill 6 1/8" Production LateralF/15,022' - T/ 15,108 (86')AROP= 34WOB=17RPM=45Off BtmTorque= 6.3 kft-lbsDiff=297GPM=277Off Btm PSI=3785Survey @ 15,012' 90.6 inc 247.1 AZM 11,547.89 TVDLithology= 70% SH 30% LSMud Wt 42vis / 12 ppg

16:00 16:30 0.50 PlannedDownlink RSSSet tool @135 deg azm 70% bend time.

Page 184: Well Name Daily Drilling Report

16:30 19:00 2.50 Drilling

Drill 6 1/8" Production LateralF/15,108 - T/ 15,167 (59')AROP= 24WOB=15RPM=35Off BtmTorque= 6.3 kft-lbsDiff=238GPM=279Off Btm PSI=3886Survey @ 15,105' 91.5 inc 246.6 AZM 11,546.19 TVDLithology= 70% SH 30% LSMud Wt 42vis / 12 ppg

19:00 19:30 0.50 PlannedDownlink RSSSet Tool @ 135 deg azm 100% bend time

19:30 22:00 2.50 Drilling

Drill 6 1/8" Production LateralF/15,167' - T/ 15,238 (71')AROP= 28WOB=16RPM=40Off BtmTorque= 6.3 kft-lbsDiff=300GPM=279Off Btm PSI=3867Survey @ 15,200' 89.5 inc 246.2 AZM 11,545.36 TVDLithology=60% SH 40% LSMud Wt 42vis / 12 ppg

22:00 22:30 0.50 PlannedDownlink RSSSet tool @ 100 deg azm 100% Bend time

22:30 03:00 4.50 Drilling

Drill 6 1/8" Production LateralF/15,238' - T/ 15,360 (122')AROP= 27WOB=8RPM=60Off BtmTorque= 6.3 kft-lbsDiff=181GPM=281Off Btm PSI=3911Survey @ 15,294 90.0 inc 246.0 AZM 11,545.77 TVDLithology=90% SH 10% LSMud Wt 41vis / 11.9 ppg

03:00 03:30 0.50 PlannedDownlink RSSSet tool @ 120 deg azm 100% Bend time

03:30 06:00 2.50 Drilling

Drill 6 1/8" Production LateralF/15,360' - T/ 15,426' (66')AROP= 27WOB=14RPM=65Off BtmTorque= 7 kft-lbsDiff=325GPM=281Off Btm PSI=3920Survey @ 15,294 90.0 inc 246.0 AZM 11,545.77 TVDLithology=60% SH 40% LSMud Wt 42vis / 11.9 ppg

Total Hours: 24

24 Hour Activity Summary:NPT Basin 104 working on pumps. Drill 6 1/8" Production Lateral F/ 14,850' - T/15,426' (576) 30 AROP

24 Hour Plan Forward:Drill 6 1/8" Production Lateral

Safety FuelLast BOP Test 12/17/2014 Last BOP Drill 12/17/2014 Last Function Test 12/17/2014 Diesel Used 1,675 Diesel Recvd Diesel on Loc 5,625

Page 185: Well Name Daily Drilling Report

Daily Cost Report

Well Name: UTL 28-17-1H

Report Date: 12/29/2014

Daily Cost $59,532

Intangible Costs

Code Description Comments Daily Cum 830.010 Permits, Licenses, ect $3,000

830.020 Staking & Surveying $5,000

830.030 Road, Locations $92,489

830.035 Mobilization/Demobilization $172,500

830.040 Daywork Contract Basin 104 Day Rate -18500 $17,343 $1,386,996

830.050 Mouse/Rathole/Conduct Pipe $28,300

830.055 Directional Drilling & Survey Day rate Newsco and Terravici $20,300 $745,273

830.060 Bits, Tools, Stabalizers $442,981

830.065 Fuel, Power $344,150

830.070 Equipment Rental $3,245 $365,487

830.071 Hot Shot Trucking haileys hotshot $3,710 $23,518

830.075 Mud & Chemicals $8,309 $249,786

830.080 Mud Logging $1225/day Geo $1500/day crown $2,725 $76,385

830.090 Core Analysis

830.095 Openhole Logging

830.100 Cement Services $229,364

830.110 Casing Crew & Equipment $93,685

830.120 Contract Labor $87,659

830.160 Fishing Services $24,207

830.165 Drill Water $50,764

830.175 Supervision Nate Baxter $3,900 $342,400

830.185 Insurance $35,000

830.190 Legal $10,000

830.195 P&A/TA Costs

840.100 Cement Services (4-1/2" Liner)

Total Intangible $59,532 $4,808,946Tangible Costs

Code Description Comments Daily Cum 850.010 Conductor Casing - 13-3/8" $32,219

850.015 Surface Casing - 9-5/8" $200,000

850.120 Intermediate Casing - 7" $321,716

850.145 Wellhead Equipment $35,164

850.150 Float equipment, Centralizers & DVT $4,367

850.275 Tangible Contingency $562,114

860.030 Production Casing - 4-1/2"

860.035 Liner Hanger - 4-1/2"

Total Tangible $1,155,580Total Costs $59,532 $5,964,525

WellEz Information Management Ver4.21.14bg

Page 186: Well Name Daily Drilling Report

Daily Drilling ReportWell Name UTL 28-17-1H

Report Date 12/30/2014

Field University Lands Supervisor Nate Baxter Report No. 85Location Supervisor 2 DFS 77County Ward Rig Phone (432) 614-2013 Spud Date 10/14/2014Rig Name 104 Rig Email [email protected] AFE $6,178,695.00

KB 22.5 Daily Footage 471 Daily Cost $70,768.00

Depth (MD) 15,897 TVD at Bit 111,546 Cum. Cost $6,042,893.11

Estimated TD 21,100

Casing Data

Type Size Weight Grade Connection Top Bottom Shoe TestSurface 13-3/8 48.0 J55 8 Rnd STC 15' 919' 10 ppgIntermediate 9-5/8 40.0 J-55 LTC 15' 7,160'Intermediate 7 29.0 P-110 LTC 15' 11,788'

Mud Properties Last Survey BHAType Brine Depth Inc Azi Component Length ID ODWeight 12.4 15,857' 89.80º 253.50º Drill Bit 1.00' 6.13FV 44 Steerable Assembly 20.00' 4.75PV 19 Drilling Parameters Monel Collar 31.02' 2.50 4.75YP 24 Max WOB 20 Sub 11.37' 2.93 4.75LCM (ppb) Max RPM 160 Monel Collar 30.32' 2.06 4.75Chlorides 122000 Max Torque 8.5 Sub 4.67' 2.69 4.75% Solids 5.4 Max Pull 225 Sub 1.47' 2.50 4.50Daily Losses Bkgrnd Gas 450 Motor 28.40' 4.75Total Losses Max Gas Sub 2.76' 2.31 5.25

Cnx Gas 2500 X-Over 3.31' 2.31 5.25Trip Gas Drill Pipe 11735.28' 4.00

Drill Pipe 1405.54' 4.00Total Length: 13275.14

Bit InfoBit # Size Make Type S/N Jets In Out Footage Hrs ROP Grade21 6.125 NOV RSH711M A169099 4-18's 14,850' 15,897' 1,047' 38.0 28.0 -------

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Activity Summary (6:00am - 6:00am)From To Hours P / U Summary

06:00 10:00 4.00 UnPlanned

Attempt to get survey during connectionPull one stand off bottom and attempt survey at last known survey point.Good survey.Hole tight and sticky while working stand back to bottom.Downlink RSS and put it in Safe Mode.Terra Vicci sending logs into town to trouble shoot RSS and find out why its not yielding.Perform clean out cycle.Pump 60 bbl weighted 2# over high vis sweep around to clean hole.Vigorous reciprocation up/down with 90 RPMS15 K improvement in p/u and S/O with 1 kft-lbs reduction in OB Torque after clean out.Downlink RSS and set tool in absolute magnetics mode.

10:00 15:30 5.50 Drilling

Drill 6 1/8" Production LateralF/15,426' - T/ 15,570' (144')AROP= 26WOB=16RPM=45Off BtmTorque= 6 kft-lbsDiff=254GPM=254Off Btm PSI=3738Survey @ 15,481 91.1 inc 245 AZM 11,542.92 TVDLithology=95% SH 5% LSMud Wt 44vis / 12.1 ppg

15:30 16:00 0.50 PlannedDownlink RSSSet Tool @ 115 azm 80% Bend Time

16:00 22:00 6.00 Drilling

Drill 6 1/8" Production LateralF/15,570' - T/ 15,706' (136')AROP= 23WOB=16RPM=45Off BtmTorque= 7 kft-lbsDiff=311GPM=254Off Btm PSI=3702Survey @ 15,669 87.6 inc 249 AZM 11,545.13 TVDLithology=70% SH 30% LSMud Wt 45vis / 12.2 ppg

22:00 22:30 0.50 PlannedDownlink RSSSet Tool @ 115 azm 40% Bend Time

22:30 06:00 7.50 Drilling

Drill 6 1/8" Production LateralF/15,706' - T/ 15,897 (191)AROP= 25WOB=16RPM=50Off BtmTorque= 7 kft-lbsDiff=306GPM=251Off Btm PSI=3819Survey @ 15,763 90.2 inc 253.3 AZM 11,546.94TVDLithology=90% SH 10% LSMud Wt 45vis / 12.3 ppg

Page 187: Well Name Daily Drilling Report

Total Hours: 24

24 Hour Activity Summary:Perform clean out cycle and clean out hole. Trouble shoot RSS and MWD. Drill 6 1/8" Production Lateral F/ 15,426' - T/15,897' (471) 25 AROP

24 Hour Plan Forward:Drill 6 1/8" Production Lateral

Safety FuelLast BOP Test 12/17/2014 Last BOP Drill 12/17/2014 Last Function Test 12/17/2014 Diesel Used 1,694 Diesel Recvd Diesel on Loc 3,931

Page 188: Well Name Daily Drilling Report

Daily Cost Report

Well Name: UTL 28-17-1H

Report Date: 12/30/2014

Daily Cost $70,768

Intangible Costs

Code Description Comments Daily Cum 830.010 Permits, Licenses, ect $3,000

830.020 Staking & Surveying $5,000

830.030 Road, Locations $92,489

830.035 Mobilization/Demobilization $172,500

830.040 Daywork Contract Basin 104 Day Rate -18500 $18,500 $1,405,496

830.050 Mouse/Rathole/Conduct Pipe $28,300

830.055 Directional Drilling & Survey Day rate Newsco and Terravici $20,300 $765,573

830.060 Bits, Tools, Stabalizers $442,981

830.065 Fuel, Power $344,150

830.070 Equipment Rental $3,245 $368,732

830.071 Hot Shot Trucking haileys $937 $24,455

830.075 Mud & Chemicals Swaco Shaker screens / mud $21,161 $270,947

830.080 Mud Logging $1225/day Geo $1500/day crown $2,725 $79,110

830.090 Core Analysis

830.095 Openhole Logging

830.100 Cement Services $229,364

830.110 Casing Crew & Equipment $93,685

830.120 Contract Labor $95,259

830.160 Fishing Services $24,207

830.165 Drill Water $50,764

830.175 Supervision Nate Baxter $3,900 $346,300

830.185 Insurance $35,000

830.190 Legal $10,000

830.195 P&A/TA Costs

840.100 Cement Services (4-1/2" Liner)

Total Intangible $70,768 $4,887,314Tangible Costs

Code Description Comments Daily Cum 850.010 Conductor Casing - 13-3/8" $32,219

850.015 Surface Casing - 9-5/8" $200,000

850.120 Intermediate Casing - 7" $321,716

850.145 Wellhead Equipment $35,164

850.150 Float equipment, Centralizers & DVT $4,367

850.275 Tangible Contingency $562,114

860.030 Production Casing - 4-1/2"

860.035 Liner Hanger - 4-1/2"

Total Tangible $1,155,580Total Costs $70,768 $6,042,893

WellEz Information Management Ver4.21.14bg

Page 189: Well Name Daily Drilling Report

Daily Drilling ReportWell Name UTL 28-17-1H

Report Date 12/31/2014

Field University Lands Supervisor Nate Baxter Report No. 86Location Supervisor 2 DFS 78County Ward Rig Phone (432) 614-2013 Spud Date 10/14/2014Rig Name 104 Rig Email [email protected] AFE $6,178,695.00

KB 22.5 Daily Footage 308 Daily Cost $68,073.00

Depth (MD) 16,205 TVD at Bit 111,541 Cum. Cost $6,110,966.11

Estimated TD 21,100

Casing Data

Type Size Weight Grade Connection Top Bottom Shoe TestSurface 13-3/8 48.0 J55 8 Rnd STC 15' 919' 10 ppgIntermediate 9-5/8 40.0 J-55 LTC 15' 7,160'Intermediate 7 29.0 P-110 LTC 15' 11,788'

Mud Properties Last Survey BHAType Brine Depth Inc Azi Component Length ID ODWeight 12.5 16,138' 92.70º 256.00º Drill Bit 1.00' 6.13FV 48 Steerable Assembly 20.00' 4.75PV 22 Drilling Parameters Monel Collar 31.02' 2.50 4.75YP 22 Max WOB 20 Sub 11.37' 2.93 4.75LCM (ppb) Max RPM 160 Monel Collar 30.32' 2.06 4.75Chlorides 119000 Max Torque 11 Sub 4.67' 2.69 4.75% Solids 6.9 Max Pull 200 Sub 1.47' 2.50 4.50Daily Losses Bkgrnd Gas 250 Motor 28.40' 4.75Total Losses Max Gas Sub 2.76' 2.31 5.25

Cnx Gas 2500 X-Over 3.31' 2.31 5.25Trip Gas Drill Pipe 11735.28' 4.00

Drill Pipe 1405.54' 4.00Total Length: 13275.14

Bit InfoBit # Size Make Type S/N Jets In Out Footage Hrs ROP Grade21 6.125 NOV RSH711M A169099 4-18's 14,850' 16,205' 1,355' 50.0 27.0 -------

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Activity Summary (6:00am - 6:00am)From To Hours P / U Summary

06:00 13:00 7.00 Drilling

Drill 6 1/8" Production LateralF/15,897 - T/ 16,089' (192)AROP= 27WOB=16RPM=50Off BtmTorque= 7.2 kft-lbsDiff=348GPM=251Off Btm PSI=3880Survey @ 16,045' 91.8 inc 255 AZM 11,545.30 TVDLithology=95% SH 5% LSMud Wt 45vis / 12.4 ppg

13:00 13:30 0.50 PlannedDownlink RSSSet tool @ 30% Down

13:30 16:30 3.00 Drilling

Drill 6 1/8" Production LateralF/16,089' - T/ 16,164' (75')AROP= 25WOB=16RPM=50Off BtmTorque= 7.2 kft-lbsDiff=348GPM=251Off Btm PSI=3880Survey @ 16,045' 91.8 inc 255 AZM 11,545.30 TVDLithology=80% SH 20% LSMud Wt 45vis / 12.4 ppg

16:30 17:00 0.50 PlannedDownlink RSSSet tool @ 80% Down

17:00 19:00 2.00 Drilling

Drill 6 1/8" Production LateralF/16,164' - T/ 16,205' (41')AROP= 20WOB=16RPM=50Off BtmTorque= 7.2 kft-lbsDiff=348GPM=251Off Btm PSI=3880Survey @ 16,138' 92.7 inc 256 AZM 11,541.65 TVDLithology=70% SH 30% LSMud Wt 45vis / 12.4 ppg

19:00 21:00 2.00 Planned

RSS Failure.Tool unable to steer.Trouble shoot and determined need to poh and x/o RSSBuild slug and prepare to toohFlow check well-StaticPump Dry JobBlow down top drive and winterize.

21:00 06:00 9.00 Planned

TOOH For RSS FailureF/16,205' - T/3,700'Flow check well @ 11,788' (shoe)-StaticRemove rott headSlick hole with good fill

Page 190: Well Name Daily Drilling Report

Total Hours: 24

24 Hour Activity Summary:Drill 6 1/8" Production Lateral F/ 15,897' - T/16,205' (308') 25 AROP TOOH For RSS Failure

24 Hour Plan Forward:Drill 6 1/8" Production Lateral

Safety FuelLast BOP Test 12/17/2014 Last BOP Drill 12/17/2014 Last Function Test 12/17/2014 Diesel Used 1,625 Diesel Recvd 7,006 Diesel on Loc 9,312

Page 191: Well Name Daily Drilling Report

Daily Cost Report

Well Name: UTL 28-17-1H

Report Date: 12/31/2014

Daily Cost $68,073

Intangible Costs

Code Description Comments Daily Cum 830.010 Permits, Licenses, ect $3,000

830.020 Staking & Surveying $5,000

830.030 Road, Locations $92,489

830.035 Mobilization/Demobilization $172,500

830.040 Daywork Contract Basin 104 Day Rate -18500 $18,500 $1,423,996

830.050 Mouse/Rathole/Conduct Pipe $28,300

830.055 Directional Drilling & Survey Day rate Newsco and Terravici $20,300 $785,873

830.060 Bits, Tools, Stabalizers $442,981

830.065 Fuel, Power $15,609 $359,759

830.070 Equipment Rental $3,245 $371,977

830.071 Hot Shot Trucking $24,455

830.075 Mud & Chemicals $3,794 $274,741

830.080 Mud Logging $1225/day Geo $1500/day crown $2,725 $81,835

830.090 Core Analysis

830.095 Openhole Logging

830.100 Cement Services $229,364

830.110 Casing Crew & Equipment $93,685

830.120 Contract Labor $95,259

830.160 Fishing Services $24,207

830.165 Drill Water $50,764

830.175 Supervision Nate Baxter $3,900 $350,200

830.185 Insurance $35,000

830.190 Legal $10,000

830.195 P&A/TA Costs

840.100 Cement Services (4-1/2" Liner)

Total Intangible $68,073 $4,955,387Tangible Costs

Code Description Comments Daily Cum 850.010 Conductor Casing - 13-3/8" $32,219

850.015 Surface Casing - 9-5/8" $200,000

850.120 Intermediate Casing - 7" $321,716

850.145 Wellhead Equipment $35,164

850.150 Float equipment, Centralizers & DVT $4,367

850.275 Tangible Contingency $562,114

860.030 Production Casing - 4-1/2"

860.035 Liner Hanger - 4-1/2"

Total Tangible $1,155,580Total Costs $68,073 $6,110,966

WellEz Information Management Ver4.21.14bg

Page 192: Well Name Daily Drilling Report

Daily Drilling ReportWell Name UTL 28-17-1H

Report Date 12/07/2014

Field University Lands Supervisor Nate Baxter Report No. 62Location Supervisor 2 Tate Edeler DFS 54County Ward Rig Phone Spud Date 10/14/2014Rig Name 104 Rig Email AFE $6,178,695.00

KB 22.5 Daily Footage Daily Cost $195,625.72

Depth (MD) 10,715 TVD at Bit 10,705 Cum. Cost $4,170,570.70

Estimated TD 21,100

Casing Data

Type Size Weight Grade Connection Top Bottom Shoe TestSurface 13-3/8 48.0 J55 8 Rnd STC 15' 919' 10 ppgIntermediate 9-5/8 40.0 J-55 LTC 15' 7,160'

Mud Properties Last Survey BHAType Brine Depth Inc Azi Component Length ID ODWeight 9.6 Drill Bit 1.00' 8.75FV 30 Motor 32.05' 6.75PV 6 Drilling Parameters Sub 3.05' 2.50 6.50YP 10 Max WOB Monel Collar 29.94' 2.50 6.48LCM (ppb) Max RPM Monel Collar 29.71' 3.25 6.48Chlorides 115000 Max Torque Drill Pipe 568.76' 3.83 4.50% Solids 0.75 Max Pull Drill Pipe 368.70' 2.75 4.50Daily Losses Bkgrnd Gas X-Over 2.60' 2.25 6.50Total Losses Max Gas Drill Pipe 936.94' 2.50 4.50

Cnx GasTrip Gas

Total Length: 1972.75

Bit InfoBit # Size Make Type S/N Jets In Out Footage Hrs ROP Grade15 8.75 SECURITY MMD55DM 12447900 5X22 10,712' 10,712' 8-8-CT/BT/RG-C/N/S/G-1-x-DBR-

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Activity Summary (6:00am - 6:00am)From To Hours P / U Summary6:00 7:30 1.50 Planned Mill F/10700' T/10701'. Drill string torqued up and then went flat , with pressure drop. TOOH

7:30 11:00 3.50 Planned TOOH with Schlumberger milling assembly F/10701 T/7006'.

11:00 11:30 0.50 Planned Rig service from floor to crown.

11:30 15:00 3.50 Planned TOOH F/7006' T/Surface. Discovered Fractured NMDC and fish left in the hole.

15:00 16:30 1.50 UnPlanned Break down and lay out remaining BHA . Strap and diagram for measurement of fish left in the hole.

16:30 19:30 3.00 UnPlanned Prep and clean floor for fishing job. Change roughneck dies and inspect all rig equipment.

19:30 23:00 3.50 UnPlanned Make up and TIH with overshot F/surface T/10683' tag fish.

23:00 0:30 1.50 UnPlannedSlack off over fish and capture. Pick up and work fish with pumps off. Bring pumps on line and break circulation pressure stable regained flow. Worked pipe 100K low 280K high verifying capture and free up from whipstock. Final pickup 225K before breakover.

0:30 6:00 5.50 UnPlanned TOOH with fishing assembly F/10683' T/850'

Total Hours: 24

24 Hour Activity Summary:TOH with Schlumberger milling assembly. Discovered fractured NMDC leaving fish in the hole. Pick up fishing tools and TIH

24 Hour Plan Forward:TOOH with fish and confirm capture before solid plan is made.

Safety FuelLast BOP Test 11/09/2014 Last BOP Drill 11/16/2014 Last Function Test Diesel Used 966 Diesel Recvd 5,327 Diesel on Loc 9,378

Page 193: Well Name Daily Drilling Report

Daily Cost Report

Well Name: UTL 28-17-1H

Report Date: 12/07/2014

Daily Cost $195,626

Intangible Costs

Code Description Comments Daily Cum 830.010 Permits, Licenses, ect $3,000

830.020 Staking & Surveying $5,000

830.030 Road, Locations $92,489

830.035 Mobilization/Demobilization $172,500

830.040 Daywork Contract Basin 104 Day Rate $20,000 $986,250

830.050 Mouse/Rathole/Conduct Pipe $28,300

830.055 Directional Drilling & Survey Day rate Newsco. $7,950 $373,243

830.060 Bits, Tools, Stabalizers $137,719

830.065 Fuel, Power Rig Fuel $17,866 $274,444

830.070 Equipment Rental $3,245 $282,283

830.071 Hot Shot Trucking Hailey's pipe back haul $563 $15,316

830.075 Mud & Chemicals $147,625

830.080 Mud Logging Standby day rate is $756 full rate is $945 a day $945 $50,475

830.090 Core Analysis

830.095 Openhole Logging

830.100 Cement Services $146,087

830.110 Casing Crew & Equipment $64,107

830.120 Contract Labor $75,314

830.160 Fishing Services $24,207

830.165 Drill Water SKT fresh water $795 $41,867

830.175 Supervision Nate Baxter , Tate Edeler $3,900 $256,600

830.185 Insurance $35,000

830.190 Legal $10,000

830.195 P&A/TA Costs

840.100 Cement Services (4-1/2" Liner)

Total Intangible $55,264 $3,221,826Tangible Costs

Code Description Comments Daily Cum 850.010 Conductor Casing - 13-3/8" $32,219

850.015 Surface Casing - 9-5/8" $200,000

850.120 Intermediate Casing - 7" $3,041

850.145 Wellhead Equipment $32,649

850.150 Float equipment, Centralizers & DVT $4,367

850.275 Tangible Contingency Schlumberger Whipstock and mill job. $140,362 $676,469

860.030 Production Casing - 4-1/2"

860.035 Liner Hanger - 4-1/2"

Total Tangible $140,362 $948,745Total Costs $195,626 $4,170,571

WellEz Information Management Ver4.21.14bg

Page 194: Well Name Daily Drilling Report

Daily Drilling ReportWell Name UTL 28-17-1H

Report Date 01/01/2015

Field University Lands Supervisor Nate Baxter Report No. 87Location Supervisor 2 DFS 79County Ward Rig Phone (432) 614-2013 Spud Date 10/14/2014Rig Name 104 Rig Email [email protected] AFE $6,178,695.00

KB 22.5 Daily Footage 101 Daily Cost $57,420.00

Depth (MD) 16,306 TVD at Bit 11,538 Cum. Cost $6,168,386.11

Estimated TD 21,100

Casing Data

Type Size Weight Grade Connection Top Bottom Shoe TestSurface 13-3/8 48.0 J55 8 Rnd STC 15' 919' 10 ppgIntermediate 9-5/8 40.0 J-55 LTC 15' 7,160'Intermediate 7 29.0 P-110 LTC 15' 11,788'

Mud Properties Last Survey BHAType Brine Depth Inc Azi Component Length ID ODWeight 12.5 16,232' 91.90º 255.70º Drill Bit 1.00' 6.13FV 48 Steerable Assembly 20.01' 4.75PV 22 Drilling Parameters Monel Collar 31.02' 2.50 4.75YP 22 Max WOB 20 Sub 11.37' 2.93 4.75LCM (ppb) Max RPM 160 Monel Collar 30.32' 2.06 4.75Chlorides 119000 Max Torque 10 Sub 4.67' 2.69 4.75% Solids 6.9 Max Pull 200 Sub 1.47' 2.50 4.50Daily Losses Bkgrnd Gas 150 Motor 28.64' 4.75Total Losses Max Gas 8500 Sub 2.76' 2.31 5.25

Cnx Gas 1500 X-Over 3.31' 2.31 5.25Trip Gas 2258 Drill Pipe 6567.81' 4.00

Drill Pipe 1405.54' 4.00Total Length: 8107.92

Bit InfoBit # Size Make Type S/N Jets In Out Footage Hrs ROP Grade22 6.125 NOV RSH711M A16100 4-18's 16,205' 16,306' 101' 3.5 29.0 -------

-------

-------

-------

Activity Summary (6:00am - 6:00am)From To Hours P / U Summary

06:00 10:30 4.50 Planned

TOOH For RSS FailureF/3,700'- T/SurfaceL/D Motor, MWD, RSS & BitMotor checked out good on surface.Bit grade- 8-4-In gaugeClear floor.Slow going working in freezing rain extreme weather conditions.Achieved proper hole fill

10:30 23:00 12.50 Planned

P/U BHA # 26 / Bit # 22 as follows:Bit- NOV 6 1/8" RSH711M 4-18'sRSSMWDMotor- 7/8 3.1 Stg straight 0.31 RPG70 Stnds 4" DP15 Stnds 4 1/2" HWDP (slim Hole CDS-40)RIH F/ Surface - T/ 11,788'Install Rott head.RIH F/11,788' - T/ 15,773' (Point of Buckling)Achieved proper displacement.Slick Hole

23:00 02:30 3.50 Planned

Wash and ream to bottom due to rigid packed assym and buckling outF/15,773' - T/ 16,205'No significant hole fill observed.225 GPM 8 kft-lbs 70 RPMS.Slick hole up/down with pumps and rotation.Downlink RSS Set tool into drill mode / Inc. Hold@ 91 deg - 20% LH Turn

02:30 06:00 3.50 Drilling

Drill 6 1/8" Production LateralF/16,205' - T/ 16,306' (101')AROP= 29WOB=20RPM=65Off BtmTorque= 8.3 kft-lbsDiff=228GPM=243Off Btm PSI=3780Survey @ 16,232' 91.9 inc 255.7 AZM 11,537.87TVDLithology=70% SH 30% LSMud Wt 45vis / 12.4 ppg

Page 195: Well Name Daily Drilling Report

Total Hours: 24

24 Hour Activity Summary:TOOH For RSS Failure. RIH W/BHA #26 Bit#22 T/ point of Buckling 15,773' Wash and Ream T/16,205' Drill 6 1/8" Production Lateral F/ 16,205' - T/16,306'(101') 29 AROP

24 Hour Plan Forward:Drill 6 1/8" Production Lateral

Safety FuelLast BOP Test 12/17/2014 Last BOP Drill 12/17/2014 Last Function Test 12/17/2014 Diesel Used 1,630 Diesel Recvd Diesel on Loc 7,682

Page 196: Well Name Daily Drilling Report

Daily Cost Report

Well Name: UTL 28-17-1H

Report Date: 01/01/2015

Daily Cost $57,420

Intangible Costs

Code Description Comments Daily Cum 830.010 Permits, Licenses, ect $3,000

830.020 Staking & Surveying $5,000

830.030 Road, Locations $92,489

830.035 Mobilization/Demobilization $172,500

830.040 Daywork Contract Basin 104 Day Rate -18500 $18,500 $1,442,496

830.050 Mouse/Rathole/Conduct Pipe $28,300

830.055 Directional Drilling & Survey Day rate Newsco and Terravici $22,300 $808,173

830.060 Bits, Tools, Stabalizers NOV Bit # 21 $6,750 $449,731

830.065 Fuel, Power $359,759

830.070 Equipment Rental $3,245 $375,222

830.071 Hot Shot Trucking $24,455

830.075 Mud & Chemicals $274,741

830.080 Mud Logging $1225/day Geo $1500/day crown $2,725 $84,560

830.090 Core Analysis

830.095 Openhole Logging

830.100 Cement Services $229,364

830.110 Casing Crew & Equipment $93,685

830.120 Contract Labor $95,259

830.160 Fishing Services $24,207

830.165 Drill Water $50,764

830.175 Supervision Nate Baxter $3,900 $354,100

830.185 Insurance $35,000

830.190 Legal $10,000

830.195 P&A/TA Costs

840.100 Cement Services (4-1/2" Liner)

Total Intangible $57,420 $5,012,807Tangible Costs

Code Description Comments Daily Cum 850.010 Conductor Casing - 13-3/8" $32,219

850.015 Surface Casing - 9-5/8" $200,000

850.120 Intermediate Casing - 7" $321,716

850.145 Wellhead Equipment $35,164

850.150 Float equipment, Centralizers & DVT $4,367

850.275 Tangible Contingency $562,114

860.030 Production Casing - 4-1/2"

860.035 Liner Hanger - 4-1/2"

Total Tangible $1,155,580Total Costs $57,420 $6,168,386

WellEz Information Management Ver4.21.14bg

Page 197: Well Name Daily Drilling Report

Daily Drilling ReportWell Name UTL 28-17-1H

Report Date 01/02/2015

Field University Lands Supervisor Nate Baxter Report No. 88Location Supervisor 2 DFS 80County Ward Rig Phone (432) 614-2013 Spud Date 10/14/2014Rig Name 104 Rig Email [email protected] AFE $6,178,695.00

KB 22.5 Daily Footage 634 Daily Cost $48,670.00

Depth (MD) 16,940 TVD at Bit 11,534 Cum. Cost $6,217,056.11

Estimated TD 21,100

Casing Data

Type Size Weight Grade Connection Top Bottom Shoe TestSurface 13-3/8 48.0 J55 8 Rnd STC 15' 919' 10 ppgIntermediate 9-5/8 40.0 J-55 LTC 15' 7,160'Intermediate 7 29.0 P-110 LTC 15' 11,788'

Mud Properties Last Survey BHAType Brine Depth Inc Azi Component Length ID ODWeight 12.4 16,885' 90.90º 251.40º Drill Bit 1.00' 6.13FV 45 Steerable Assembly 20.01' 4.75PV 20 Drilling Parameters Monel Collar 31.02' 2.50 4.75YP 19 Max WOB 20 Sub 11.37' 2.93 4.75LCM (ppb) Max RPM 160 Monel Collar 30.32' 2.06 4.75Chlorides 119000 Max Torque 11.2 Sub 4.67' 2.69 4.75% Solids 6.9 Max Pull 225 Sub 1.47' 2.50 4.50Daily Losses Bkgrnd Gas 190 Motor 28.64' 4.75Total Losses Max Gas 8850 Sub 2.76' 2.31 5.25

Cnx Gas 1800 X-Over 3.31' 2.31 5.25Trip Gas Drill Pipe 6567.81' 4.00

Drill Pipe 1405.54' 4.00Total Length: 8107.92

Bit InfoBit # Size Make Type S/N Jets In Out Footage Hrs ROP Grade22 6.125 NOV RSH711M A16100 4-18's 16,205' 16,940' 735' 25.0 29.0 -------

-------

-------

-------

Activity Summary (6:00am - 6:00am)From To Hours P / U Summary

06:00 08:00 2.00 Drilling

Drill 6 1/8" Production LateralF/16,306' - T/ 16,365' (59')AROP= 29WOB=18RPM=55Off BtmTorque= 6.6 kft-lbsDiff=219GPM=243Off Btm PSI=3832Survey @ 16,326' 91.0 inc 253.0 AZM 11,535.50 TVDLithology=70% SH 30% LSMud Wt 45vis / 12.4

08:00 08:30 0.50 PlannedDownlink RSSSet tool @ inc hold 90 deg & 10% Right

08:30 11:00 2.50 Drilling

Drill 6 1/8" Production LateralF/16,365' - T/ 16,458' (93')AROP=37WOB=18RPM=75Off BtmTorque= 8.6 kft-lbsDiff=219GPM=243Off Btm PSI=3832Survey @ 16,419' 89.1 inc 250.8 AZM 11,535.42 TVDLithology=80% SH 20% LSMud Wt 45vis / 12.6

11:00 11:30 0.50 PlannedRig Service.X/O grabber dies and grease crown

11:30 12:00 0.50 PlannedDownlink RSSSet Tool @ inc hold 90 deg & 30% Right

12:00 19:00 7.00 Drilling

Drill 6 1/8" Production LateralF/16,458' - T/ 16,646' (188')AROP=27WOB=18RPM=75Off BtmTorque= 7.5 kft-lbsDiff=119GPM=245Off Btm PSI=3908Survey @ 16,607' 90.6 inc 256.4 AZM 11,535.36 TVDLithology=80% SH 20% LSMud Wt 45vis / 12.5

19:00 19:30 0.50 PlannedDownlink RSSSet tool inc hold @ 90 deg 20% left

19:30 01:00 5.50 Drilling

Drill 6 1/8" Production LateralF/16,646' - T/ 16,831' (185')AROP=34WOB=16RPM=70Off BtmTorque= 9.1 kft-lbsDiff=125GPM=245Off Btm PSI=3769Survey @ 16,791' 89.6 inc 249.3 AZM 11,534.87 TVDLithology=80% SH 20% LSMud Wt 45vis / 12.4

Page 198: Well Name Daily Drilling Report

01:00 01:30 0.50 PlannedDownlink RSSSet tool inc hold @ 90.7 deg 20% right

01:30 06:00 4.50 Drilling

Drill 6 1/8" Production LateralF/16,831' - T/ 16,940' (109')AROP=24WOB=16RPM=50Off BtmTorque= 9.4 kft-lbsDiff=125GPM=245Off Btm PSI=3769Survey @ 16,885' 90.9 inc 251.4 AZM 11,534.46 TVDLithology=60% SH 40% LSMud Wt 45vis / 12.4

Total Hours: 24

24 Hour Activity Summary:Drill 6 1/8" Production Lateral F/ 16,306' - T/16,940' (634') 29 AROP

24 Hour Plan Forward:Drill 6 1/8" Production Lateral

Safety FuelLast BOP Test 12/17/2014 Last BOP Drill 12/17/2014 Last Function Test 12/17/2014 Diesel Used 1,846 Diesel Recvd Diesel on Loc 5,836

Page 199: Well Name Daily Drilling Report

Daily Cost Report

Well Name: UTL 28-17-1H

Report Date: 01/02/2015

Daily Cost $48,670

Intangible Costs

Code Description Comments Daily Cum 830.010 Permits, Licenses, ect $3,000

830.020 Staking & Surveying $5,000

830.030 Road, Locations $92,489

830.035 Mobilization/Demobilization $172,500

830.040 Daywork Contract Basin 104 Day Rate -18500 $18,500 $1,460,996

830.050 Mouse/Rathole/Conduct Pipe $28,300

830.055 Directional Drilling & Survey Day rate Newsco and Terravici $20,300 $828,473

830.060 Bits, Tools, Stabalizers $449,731

830.065 Fuel, Power $359,759

830.070 Equipment Rental $3,245 $378,467

830.071 Hot Shot Trucking $24,455

830.075 Mud & Chemicals $274,741

830.080 Mud Logging $1225/day Geo $1500/day crown $2,725 $87,285

830.090 Core Analysis

830.095 Openhole Logging

830.100 Cement Services $229,364

830.110 Casing Crew & Equipment $93,685

830.120 Contract Labor $95,259

830.160 Fishing Services $24,207

830.165 Drill Water $50,764

830.175 Supervision Nate Baxter $3,900 $358,000

830.185 Insurance $35,000

830.190 Legal $10,000

830.195 P&A/TA Costs

840.100 Cement Services (4-1/2" Liner)

Total Intangible $48,670 $5,061,477Tangible Costs

Code Description Comments Daily Cum 850.010 Conductor Casing - 13-3/8" $32,219

850.015 Surface Casing - 9-5/8" $200,000

850.120 Intermediate Casing - 7" $321,716

850.145 Wellhead Equipment $35,164

850.150 Float equipment, Centralizers & DVT $4,367

850.275 Tangible Contingency $562,114

860.030 Production Casing - 4-1/2"

860.035 Liner Hanger - 4-1/2"

Total Tangible $1,155,580Total Costs $48,670 $6,217,056

WellEz Information Management Ver4.21.14bg

Page 200: Well Name Daily Drilling Report

Daily Drilling ReportWell Name UTL 28-17-1H

Report Date 01/03/2015

Field University Lands Supervisor Nate Baxter Report No. 89Location Supervisor 2 DFS 81County Ward Rig Phone (432) 614-2013 Spud Date 10/14/2014Rig Name 104 Rig Email [email protected] AFE $6,178,695.00

KB 22.5 Daily Footage 612 Daily Cost $49,120.00

Depth (MD) 17,552 TVD at Bit 11,534 Cum. Cost $6,266,176.11

Estimated TD 21,100

Casing Data

Type Size Weight Grade Connection Top Bottom Shoe TestSurface 13-3/8 48.0 J55 8 Rnd STC 15' 919' 10 ppgIntermediate 9-5/8 40.0 J-55 LTC 15' 7,160'Intermediate 7 29.0 P-110 LTC 15' 11,788'

Mud Properties Last Survey BHAType Brine Depth Inc Azi Component Length ID ODWeight 12.4 17,448' 89.80º 252.80º Drill Bit 1.00' 6.13FV 45 Steerable Assembly 20.01' 4.75PV 20 Drilling Parameters Monel Collar 31.02' 2.50 4.75YP 19 Max WOB 20 Sub 11.37' 2.93 4.75LCM (ppb) Max RPM 160 Monel Collar 30.32' 2.06 4.75Chlorides 119000 Max Torque 12 Sub 4.67' 2.69 4.75% Solids 6.9 Max Pull 225 Sub 1.47' 2.50 4.50Daily Losses Bkgrnd Gas 250 Motor 28.64' 4.75Total Losses Max Gas 8850 Sub 2.76' 2.31 5.25

Cnx Gas 2500 X-Over 3.31' 2.31 5.25Trip Gas Drill Pipe 6567.81' 4.00

Drill Pipe 1405.54' 4.00Total Length: 8107.92

Bit InfoBit # Size Make Type S/N Jets In Out Footage Hrs ROP Grade22 6.125 NOV RSH711M A16100 4-18's 16,205' 17,552' 1,347' 47.0 29.0 -------

-------

-------

-------

Activity Summary (6:00am - 6:00am)From To Hours P / U Summary

06:00 09:00 3.00 Drilling

Drill 6 1/8" Production LateralF/16,940' - T/ 17,019' (79')AROP=26WOB=16RPM=50Off BtmTorque= 9.4 kft-lbsDiff=125GPM=245Off Btm PSI=3769Survey @ 16,979' 90.2 inc 253.1 AZM 11,533.56 TVDLithology=80% SH 20% LSMud Wt 45vis / 12.5

09:00 10:00 1.00 PlannedRig Service.X/O Saver Sub

10:00 16:30 6.50 Drilling

Drill 6 1/8" Production LateralF/17,019' - T/ 17,207' (188')AROP=29WOB=21RPM=50Off BtmTorque= 8.4 kft-lbsDiff=288GPM=255Off Btm PSI=4000Survey @ 17,167' 91.5 inc 255.7 AZM 11,530.53 TVDLithology=100% SH 0% LSMud Wt 42vis / 12.5

16:30 17:00 0.50 PlannedDownlink RSSSet tool inc hold @ 90.7 deg 10% left

17:00 20:00 3.00 Drilling

Drill 6 1/8" Production LateralF/17,207' - T/ 17,300' (93')AROP=31WOB=21RPM=50Off BtmTorque= 8.4 kft-lbsDiff=288GPM=255Off Btm PSI=4000Survey @ 17,260' 89.6 inc 253.8 AZM 11,529.63TVDLithology=70% SH 30% LSMud Wt 42vis / 12.5

20:00 20:30 0.50 PlannedDownlink RSSSet tool inc hold @ 90.7

20:30 06:00 9.50 Drilling

Drill 6 1/8" Production LateralF/17,300' - T/ 17,552' (252')AROP=27WOB=18RPM=65Off BtmTorque= 9.8kft-lbsDiff=244GPM=245Off Btm PSI=3936Survey @ 17,448 ' 89.8 inc 252.8 AZM 11,528.81 TVDLithology=80% SH 20% LSMud Wt 42vis / 12.5

Page 201: Well Name Daily Drilling Report

Total Hours: 24

24 Hour Activity Summary:Drill 6 1/8" Production Lateral F/ 16,940' - T/17,552? (612') 28 AROP

24 Hour Plan Forward:Drill 6 1/8" Production Lateral

Safety FuelLast BOP Test 12/17/2014 Last BOP Drill 12/17/2014 Last Function Test 12/17/2014 Diesel Used 2,172 Diesel Recvd 500 Diesel on Loc 4,164

Page 202: Well Name Daily Drilling Report

Daily Cost Report

Well Name: UTL 28-17-1H

Report Date: 01/03/2015

Daily Cost $49,120

Intangible Costs

Code Description Comments Daily Cum 830.010 Permits, Licenses, ect $3,000

830.020 Staking & Surveying $5,000

830.030 Road, Locations $92,489

830.035 Mobilization/Demobilization $172,500

830.040 Daywork Contract Basin 104 Day Rate -18500 $18,500 $1,479,496

830.050 Mouse/Rathole/Conduct Pipe $28,300

830.055 Directional Drilling & Survey Day rate Newsco and Terravici $20,300 $848,773

830.060 Bits, Tools, Stabalizers $449,731

830.065 Fuel, Power $359,759

830.070 Equipment Rental $3,245 $381,712

830.071 Hot Shot Trucking $24,455

830.075 Mud & Chemicals $274,741

830.080 Mud Logging $1225/day Geo $1500/day crown $2,725 $90,010

830.090 Core Analysis

830.095 Openhole Logging

830.100 Cement Services $229,364

830.110 Casing Crew & Equipment $93,685

830.120 Contract Labor CWS $450 $95,709

830.160 Fishing Services $24,207

830.165 Drill Water $50,764

830.175 Supervision Nate Baxter $3,900 $361,900

830.185 Insurance $35,000

830.190 Legal $10,000

830.195 P&A/TA Costs

840.100 Cement Services (4-1/2" Liner)

Total Intangible $49,120 $5,110,597Tangible Costs

Code Description Comments Daily Cum 850.010 Conductor Casing - 13-3/8" $32,219

850.015 Surface Casing - 9-5/8" $200,000

850.120 Intermediate Casing - 7" $321,716

850.145 Wellhead Equipment $35,164

850.150 Float equipment, Centralizers & DVT $4,367

850.275 Tangible Contingency $562,114

860.030 Production Casing - 4-1/2"

860.035 Liner Hanger - 4-1/2"

Total Tangible $1,155,580Total Costs $49,120 $6,266,176

WellEz Information Management Ver4.21.14bg

Page 203: Well Name Daily Drilling Report

Daily Drilling ReportWell Name UTL 28-17-1H

Report Date 01/04/2015

Field University Lands Supervisor Nate Baxter Report No. 90Location Supervisor 2 DFS 82County Ward Rig Phone (432) 614-2013 Spud Date 10/14/2014Rig Name 104 Rig Email [email protected] AFE $6,178,695.00

KB 22.5 Daily Footage 422 Daily Cost $61,866.00

Depth (MD) 17,974 TVD at Bit 11,519 Cum. Cost $6,328,042.11

Estimated TD 21,100

Casing Data

Type Size Weight Grade Connection Top Bottom Shoe TestSurface 13-3/8 48.0 J55 8 Rnd STC 15' 919' 10 ppgIntermediate 9-5/8 40.0 J-55 LTC 15' 7,160'Intermediate 7 29.0 P-110 LTC 15' 11,788'

Mud Properties Last Survey BHAType Brine Depth Inc Azi Component Length ID ODWeight 12.4 17,915' 91.80º 253.90º Drill Bit 1.00' 6.13FV 45 Steerable Assembly 20.01' 4.75PV 20 Drilling Parameters Monel Collar 31.02' 2.50 4.75YP 19 Max WOB 20 Sub 11.37' 2.93 4.75LCM (ppb) Max RPM 160 Monel Collar 30.32' 2.06 4.75Chlorides 119000 Max Torque Sub 4.67' 2.69 4.75% Solids 6.9 Max Pull Sub 1.47' 2.50 4.50Daily Losses Bkgrnd Gas Motor 28.64' 4.75Total Losses Max Gas Sub 2.76' 2.31 5.25

Cnx Gas X-Over 3.31' 2.31 5.25Trip Gas Drill Pipe 6567.81' 4.00

Drill Pipe 1405.54' 4.00Total Length: 8107.92

Bit InfoBit # Size Make Type S/N Jets In Out Footage Hrs ROP Grade22 6.125 NOV RSH711M A16100 4-18's 16,205' 17,974' 1,769' 65.5 27.0 -------

-------

-------

-------

Activity Summary (6:00am - 6:00am)From To Hours P / U Summary

06:00 07:30 1.50 Drilling

Drill 6 1/8" Production LateralF/17,552' - T/ 17,583' (31')AROP=21WOB=19RPM=70Off BtmTorque= -8 kft-lbsDiff=254GPM=245Off Btm PSI=4004Survey @ 17,541 ' 89.4 inc 255.3 AZM 11,529.46 TVDLithology=80% SH 20% LSMud Wt 42vis / 12.5

07:30 08:00 0.50 PlannedDownlink RSSSet tool inc hold @ 91.5 deg left 10%

08:00 12:00 4.00 Drilling

Drill 6 1/8" Production LateralF/17,583' - T/ 17,676' (93')AROP=23WOB=22RPM=70Off BtmTorque= -8 kft-lbsDiff=254GPM=245Off Btm PSI=4004Survey @ 17,634' 93.0 inc 255.2 AZM 11,527.52 TVDLithology=80% SH 20% LSMud Wt 42vis / 12.5

12:00 13:00 1.00 Planned

Rig ServiceDownlink RSSSet tool inc hold @ 90.5

13:00 16:00 3.00 Drilling

Drill 6 1/8" Production LateralF/17,676' - T/ 17,730' (54')AROP=18WOB=17RPM=65Off BtmTorque= -8.8 kft-lbsDiff=176GPM=254Off Btm PSI=4172Survey @ 17,634' 93.0 inc 255.2 AZM 11,527.52 TVDLithology=80% SH 20% LSMud Wt 42vis / 12.5

16:00 16:30 0.50 PlannedDownlink RSSManual steer mode. Straight down

16:30 18:30 2.00 Drilling

Drill 6 1/8" Production LateralF/17,730' - T/ 17,766' (36')AROP=18WOB=17RPM=65Off BtmTorque= -8.8 kft-lbsDiff=176GPM=254Off Btm PSI=4172Survey @ 17,728' 91.6 inc 253.9 AZM 11,523.74TVDLithology=85% SH 15% LSMud Wt 45vis / 12.5

18:30 19:00 0.50 PlannedDownlink RSSSet tool to inc hold 90.5 deg 0% turn.

Page 204: Well Name Daily Drilling Report

19:00 22:30 3.50 Drilling

Drill 6 1/8" Production LateralF/17,766' - T/ 17,859' (93')AROP=27WOB=12RPM=50Off BtmTorque= -8.8 kft-lbsDiff=300GPM=250Off Btm PSI=4084Survey @ 17,728' 91.6 inc 253.9 AZM 11,523.74TVDLithology=85% SH 15% LSMud Wt 45vis / 12.5

22:30 01:30 3.00 UnPlanned

NPT Basin 104Retrieve pipe screen left in previous connection.While washing back to bottom swivel packing failed.X/O Swivel packing.

01:30 06:00 4.50 Drilling

Drill 6 1/8" Production LateralF/17,859' - T/ 17,974' (115')AROP=26WOB=12RPM=40Off BtmTorque= -9.2 kft-lbsDiff=184GPM=242Off Btm PSI=4041Survey @ 17,915' 91.8 inc 253.9 AZM 11,519. 34 TVDLithology=70% SH 30% LSMud Wt 45vis / 12.5

Total Hours: 24

24 Hour Activity Summary:Drill 6 1/8" Production Lateral F/ 17,552' - T/17,974' (452') 23AROP

24 Hour Plan Forward:Drill 6 1/8" Production Lateral

Safety FuelLast BOP Test 12/17/2014 Last BOP Drill 12/17/2014 Last Function Test 12/17/2014 Diesel Used 1,950 Diesel Recvd 4,979 Diesel on Loc 7,193

Page 205: Well Name Daily Drilling Report

Daily Cost Report

Well Name: UTL 28-17-1H

Report Date: 01/04/2015

Daily Cost $61,866

Intangible Costs

Code Description Comments Daily Cum 830.010 Permits, Licenses, ect $3,000

830.020 Staking & Surveying $5,000

830.030 Road, Locations $92,489

830.035 Mobilization/Demobilization $172,500

830.040 Daywork Contract Basin 104 Day Rate -18500 $16,190 $1,495,686

830.050 Mouse/Rathole/Conduct Pipe $28,300

830.055 Directional Drilling & Survey Day rate Newsco and Terravici $20,300 $869,073

830.060 Bits, Tools, Stabalizers $449,731

830.065 Fuel, Power $11,554 $371,313

830.070 Equipment Rental $3,245 $384,957

830.071 Hot Shot Trucking Haileys (Houston) $3,952 $28,407

830.075 Mud & Chemicals $274,741

830.080 Mud Logging $1225/day Geo $1500/day crown $2,725 $92,735

830.090 Core Analysis

830.095 Openhole Logging

830.100 Cement Services $229,364

830.110 Casing Crew & Equipment $93,685

830.120 Contract Labor $95,709

830.160 Fishing Services $24,207

830.165 Drill Water $50,764

830.175 Supervision Nate Baxter $3,900 $365,800

830.185 Insurance $35,000

830.190 Legal $10,000

830.195 P&A/TA Costs

840.100 Cement Services (4-1/2" Liner)

Total Intangible $61,866 $5,172,463Tangible Costs

Code Description Comments Daily Cum 850.010 Conductor Casing - 13-3/8" $32,219

850.015 Surface Casing - 9-5/8" $200,000

850.120 Intermediate Casing - 7" $321,716

850.145 Wellhead Equipment $35,164

850.150 Float equipment, Centralizers & DVT $4,367

850.275 Tangible Contingency $562,114

860.030 Production Casing - 4-1/2"

860.035 Liner Hanger - 4-1/2"

Total Tangible $1,155,580Total Costs $61,866 $6,328,042

WellEz Information Management Ver4.21.14bg

Page 206: Well Name Daily Drilling Report

Daily Drilling ReportWell Name UTL 28-17-1H

Report Date 01/05/2015

Field University Lands Supervisor Nate Baxter Report No. 91Location Supervisor 2 DFS 83County Ward Rig Phone (432) 614-2013 Spud Date 10/14/2014Rig Name 104 Rig Email [email protected] AFE $6,178,695.00

KB 22.5 Daily Footage 107 Daily Cost $88,249.52

Depth (MD) 18,081 TVD at Bit 11,514 Cum. Cost $6,416,291.63

Estimated TD 21,100

Casing Data

Type Size Weight Grade Connection Top Bottom Shoe TestSurface 13-3/8 48.0 J55 8 Rnd STC 15' 919' 10 ppgIntermediate 9-5/8 40.0 J-55 LTC 15' 7,160'Intermediate 7 29.0 P-110 LTC 15' 11,788'

Mud Properties Last Survey BHAType Brine Depth Inc Azi Component Length ID ODWeight 12.5 18,010' 93.80º 254.90º Drill Bit 1.00' 6.13FV 50 Steerable Assembly 20.01' 4.75PV 27 Drilling Parameters Monel Collar 31.02' 2.50 4.75YP 17 Max WOB 20 Sub 11.37' 2.93 4.75LCM (ppb) Max RPM 160 Monel Collar 30.32' 2.06 4.75Chlorides 127000 Max Torque Sub 4.67' 2.69 4.75% Solids 13.26 Max Pull Sub 1.47' 2.50 4.50Daily Losses Bkgrnd Gas Motor 28.64' 4.75Total Losses Max Gas Sub 2.76' 2.31 5.25

Cnx Gas X-Over 3.31' 2.31 5.25Trip Gas Drill Pipe 6567.81' 4.00

Drill Pipe 1405.54' 4.00Total Length: 8107.92

Bit InfoBit # Size Make Type S/N Jets In Out Footage Hrs ROP Grade22 6.125 NOV RSH711M A16100 4-18's 16,205' 18,081' 1,876' 72.5 26.0 -------

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-------

Activity Summary (6:00am - 6:00am)From To Hours P / U Summary

06:00 08:30 2.50 Drilling

Drill 6 1/8" Production LateralF/17,974' - T/ 18,019' (45')AROP=18WOB=15RPM=40Off BtmTorque= -8.4 kft-lbsDiff=350GPM=245Off Btm PSI=4100Survey @ 17,915' 91.8 inc 253.9 AZM 11,519. 34 TVDLithology=70% SH 30% LSMud Wt 45vis / 12.5

08:30 09:00 0.50 Planned

Downlink RSSSet tool 100% down Due to build trend observed on Inc on flyPut tool in gravity tool face manual steer mode..Previous setting was inc hold 90 deg with 10% left turn

09:00 09:30 0.50 PlannedRig ServiceWork on Pason

09:30 14:00 4.50 Drilling

Drill 6 1/8" Production LateralF/18,019' - T/ 18,081' (62')AROP=14WOB=15RPM=40Off BtmTorque= -8.4 kft-lbsDiff=350GPM=245Off Btm PSI=4100Survey @ 18, 010' 93.8 inc 254.9 AZM 11,514.7 TVDLithology=100% SH 0% LSMud Wt 45vis / 12.5

14:00 00:30 10.50 Planned

Check Shot Survey still yielded build trend.RSS ineffective at maintaining inclination.Determined RSS down hole failure.Hole tightShort trip 10 stands out holeWash and ream back to bottomClean hole and condition mud.Pump two 30bbl weighted sweeps around.100 rpms with vigorous p/u slack off disrupting hydraulics Spot 60 bbl. lube pill on bottom.Pull one stand dry to check hole conditionHole slick.Flow check well- Well static.Pump dry Job.Winterize top drive.

00:30 06:00 5.50 Planned

Trip out hole for RSS Failure.F/18,081' - T/11,788' (Shoe)Hole slick.Achieved Proper fill.Flow check well-Static.

Page 207: Well Name Daily Drilling Report

Total Hours: 24

24 Hour Activity Summary:Drill 6 1/8" Production Lateral F/ 17,974' - T/18,081' (107') 15 AROP Clean hole and condition mud. TOOH for RSS failure.

24 Hour Plan Forward:Drill 6 1/8" Production Lateral

Safety FuelLast BOP Test 12/17/2014 Last BOP Drill 12/17/2014 Last Function Test 12/17/2014 Diesel Used 1,357 Diesel Recvd Diesel on Loc 5,836

Page 208: Well Name Daily Drilling Report

Daily Cost Report

Well Name: UTL 28-17-1H

Report Date: 01/05/2015

Daily Cost $88,250

Intangible Costs

Code Description Comments Daily Cum 830.010 Permits, Licenses, ect $3,000

830.020 Staking & Surveying $5,000

830.030 Road, Locations $92,489

830.035 Mobilization/Demobilization $172,500

830.040 Daywork Contract Basin 104 Day Rate -18500 $18,500 $1,514,186

830.050 Mouse/Rathole/Conduct Pipe $28,300

830.055 Directional Drilling & Survey Day rate Newsco and Terravici $20,300 $889,373

830.060 Bits, Tools, Stabalizers $449,731

830.065 Fuel, Power $371,313

830.070 Equipment Rental $25,876 $410,834

830.071 Hot Shot Trucking $28,407

830.075 Mud & Chemicals $12,108 $286,850

830.080 Mud Logging $1225/day Geo $1500/day crown $2,725 $95,460

830.090 Core Analysis

830.095 Openhole Logging

830.100 Cement Services $229,364

830.110 Casing Crew & Equipment $93,685

830.120 Contract Labor $95,709

830.160 Fishing Services $24,207

830.165 Drill Water Steve Kent Trucking $4,840 $55,604

830.175 Supervision Nate Baxter $3,900 $369,700

830.185 Insurance $35,000

830.190 Legal $10,000

830.195 P&A/TA Costs

840.100 Cement Services (4-1/2" Liner)

Total Intangible $88,250 $5,260,712Tangible Costs

Code Description Comments Daily Cum 850.010 Conductor Casing - 13-3/8" $32,219

850.015 Surface Casing - 9-5/8" $200,000

850.120 Intermediate Casing - 7" $321,716

850.145 Wellhead Equipment $35,164

850.150 Float equipment, Centralizers & DVT $4,367

850.275 Tangible Contingency $562,114

860.030 Production Casing - 4-1/2"

860.035 Liner Hanger - 4-1/2"

Total Tangible $1,155,580Total Costs $88,250 $6,416,292

WellEz Information Management Ver4.21.14bg

Page 209: Well Name Daily Drilling Report

Daily Drilling ReportWell Name UTL 28-17-1H

Report Date 01/06/2015

Field University Lands Supervisor Nate Baxter Report No. 92Location Supervisor 2 DFS 84County Ward Rig Phone (432) 614-2013 Spud Date 10/14/2014Rig Name 104 Rig Email [email protected] AFE $6,178,695.00

KB 22.5 Daily Footage Daily Cost $70,520.00

Depth (MD) 18,081 TVD at Bit 11,514 Cum. Cost $6,486,811.63

Estimated TD 21,100

Casing Data

Type Size Weight Grade Connection Top Bottom Shoe TestSurface 13-3/8 48.0 J55 8 Rnd STC 15' 919' 10 ppgIntermediate 9-5/8 40.0 J-55 LTC 15' 7,160'Intermediate 7 29.0 P-110 LTC 15' 11,788'

Mud Properties Last Survey BHAType Brine Depth Inc Azi Component Length ID ODWeight 12.7 Drill Bit 1.00' 6.13FV 50 Steerable Assembly 20.01' 4.75PV 27 Drilling Parameters Monel Collar 31.02' 2.50 4.75YP 16 Max WOB 20 Sub 11.37' 2.93 4.75LCM (ppb) Max RPM 160 Monel Collar 30.32' 2.06 4.75Chlorides 135000 Max Torque Sub 4.67' 2.69 4.75% Solids 12.8 Max Pull Sub 1.47' 2.50 4.50Daily Losses Bkgrnd Gas Motor 28.29' 4.75Total Losses Max Gas Sub 2.76' 2.31 5.25

Cnx Gas X-Over 3.31' 2.31 5.25Trip Gas Drill Pipe 8914.74' 4.00

Drill Pipe 1405.54' 4.00Total Length: 10454.50

Bit InfoBit # Size Make Type S/N Jets In Out Footage Hrs ROP Grade23 6.125 NOV RSH711M A169101 4-18's 18,081' -------

-------

-------

-------

Activity Summary (6:00am - 6:00am)From To Hours P / U Summary06:00 07:00 1.00 Planned Slip and cut drill line

07:00 09:00 2.00 Planned X/O Glide pad bushings on TDS torque tube/track

09:00 15:00 6.00 Planned

TOOH For RSS FailureF/11,788'- T/SurfaceL/D Motor, MWD, RSS & BitMotor checked out good on surface.Bit grade-2-6-In gaugeClear floor.Achieved proper hole fill

15:00 04:30 13.50 Planned

P/U BHA #27/ Bit # 23 as follows:Bit- NOV 6 1/8" RSH711M 4-18'sRSS (2-6" Stabilizers / Packed / hold assym)MWD (New ABS pulser)Motor- 7/8 3.1 Stg straight 0.31 RPG sealed bearingSurface Test MWD/Motor/RSS - Good Test.95 Stnds 4" DP15 Stnds 4 1/2" HWDP (slim Hole CDS-40)RIH F/ Surface - T/ 11,788'Install Rott head.RIH F/11,788' - T/ 16,700(Point of Buckling)Achieved proper displacement.Filling Pipe every15 stnds as per RSS running procedureSlick Hole

04:30 06:00 1.50 Planned Wash and ream to bottom due to rigid packed assym and buckling out

Total Hours: 24

24 Hour Activity Summary:Cut drill line. X/O Glide pads on TDS torque tube. TOOH X/O BHA. TIH

24 Hour Plan Forward:Drill 6 1/8" Production Lateral

Safety FuelLast BOP Test 12/17/2014 Last BOP Drill 12/17/2014 Last Function Test 12/17/2014 Diesel Used 2,172 Diesel Recvd Diesel on Loc 3,664

Page 210: Well Name Daily Drilling Report

Daily Cost Report

Well Name: UTL 28-17-1H

Report Date: 01/06/2015

Daily Cost $70,520

Intangible Costs

Code Description Comments Daily Cum 830.010 Permits, Licenses, ect $3,000

830.020 Staking & Surveying $5,000

830.030 Road, Locations $92,489

830.035 Mobilization/Demobilization $172,500

830.040 Daywork Contract Basin 104 Day Rate -18500 $18,500 $1,532,686

830.050 Mouse/Rathole/Conduct Pipe $28,300

830.055 Directional Drilling & Survey Day rate Newsco and Terravici $30,550 $919,923

830.060 Bits, Tools, Stabalizers $6,700 $456,431

830.065 Fuel, Power $371,313

830.070 Equipment Rental $3,245 $414,079

830.071 Hot Shot Trucking $28,407

830.075 Mud & Chemicals cost current to date. 1/5/15 $3,880 $290,730

830.080 Mud Logging $1225/day Geo $1500/day crown $2,725 $98,185

830.090 Core Analysis

830.095 Openhole Logging

830.100 Cement Services $229,364

830.110 Casing Crew & Equipment $93,685

830.120 Contract Labor Clean camp and r/u mud logger sewer $1,020 $96,729

830.160 Fishing Services $24,207

830.165 Drill Water $55,604

830.175 Supervision Nate Baxter $3,900 $373,600

830.185 Insurance $35,000

830.190 Legal $10,000

830.195 P&A/TA Costs

840.100 Cement Services (4-1/2" Liner)

Total Intangible $70,520 $5,331,232Tangible Costs

Code Description Comments Daily Cum 850.010 Conductor Casing - 13-3/8" $32,219

850.015 Surface Casing - 9-5/8" $200,000

850.120 Intermediate Casing - 7" $321,716

850.145 Wellhead Equipment $35,164

850.150 Float equipment, Centralizers & DVT $4,367

850.275 Tangible Contingency $562,114

860.030 Production Casing - 4-1/2"

860.035 Liner Hanger - 4-1/2"

Total Tangible $1,155,580Total Costs $70,520 $6,486,812

WellEz Information Management Ver4.21.14bg

Page 211: Well Name Daily Drilling Report

Daily Drilling ReportWell Name UTL 28-17-1H

Report Date 01/07/2015

Field University Lands Supervisor Jeff Staples Report No. 93Location Supervisor 2 DFS 85County Ward Rig Phone (432) 614-2013 Spud Date 10/14/2014Rig Name 104 Rig Email [email protected] AFE $6,178,695.00

KB 22.5 Daily Footage 419 Daily Cost $62,315.83

Depth (MD) 18,500 TVD at Bit 11,503 Cum. Cost $6,549,127.46

Estimated TD 21,100

Casing Data

Type Size Weight Grade Connection Top Bottom Shoe TestSurface 13-3/8 48.0 J55 8 Rnd STC 15' 919' 10 ppgIntermediate 9-5/8 40.0 J-55 LTC 15' 7,160'Intermediate 7 29.0 P-110 LTC 15' 11,788'

Mud Properties Last Survey BHAType Brine Depth Inc Azi Component Length ID ODWeight 12.4 18,386' 89.90º 251.10º Drill Bit 1.00' 6.13FV 52 Steerable Assembly 20.01' 4.75PV 24 Drilling Parameters Monel Collar 31.02' 2.50 4.75YP 21 Max WOB 22 Sub 11.37' 2.93 4.75LCM (ppb) Max RPM 155 Monel Collar 30.32' 2.06 4.75Chlorides 135000 Max Torque 12 Sub 4.67' 2.69 4.75% Solids 9.7 Max Pull 200 Sub 1.47' 2.50 4.50Daily Losses Bkgrnd Gas 400 Motor 28.29' 4.75Total Losses Max Gas 8800 Sub 2.76' 2.31 5.25

Cnx Gas 4400 X-Over 3.31' 2.31 5.25Trip Gas 8800 Drill Pipe 8914.74' 4.00

Drill Pipe 1405.54' 4.00Total Length: 10454.50

Bit InfoBit # Size Make Type S/N Jets In Out Footage Hrs ROP Grade23 6.125 NOV RSH711M A169101 4-18's 18,081' 18,500' 419' 16.2 26.0 -------

-------

-------

-------

Activity Summary (6:00am - 6:00am)From To Hours P / U Summary

06:00 09:30 3.50 PlannedWash and Ream in hole due to rigid assembly buckling outF/ 17,018 - T/ 18,081

09:30 15:00 5.50 Drilling

Drilling 6.125" Production lateral F/ 18,081 - T/ 18,144' (63')WOB=27ROT=69DIFF=159GPM=239SPP=4280OFF BTM TRQ=7kMud WT=12.5ppg 52visSurvey @18,104' - 94.2 inc 253.7 azm 11,508' tvd

15:00 15:30 0.50 Planned Rig Service

15:30 19:30 4.00 Drilling

Drilling 6.125" Production lateralF/ 18,144' - T/18,236'WOB=22ROT=69DIFF=253GPM=230OFF BTM TQR=7kMUD WT=12.4ppg 50vis Survey @18,198' - 91.1 inc 252.4 azm 11,503' TVD

19:30 20:00 0.50 Planned Down link RSS to 90 DEG INC hold. 0% AZM correction

20:00 06:00 10.00 Drilling

Drilling 6.125" Production LateralF/18,236' - T/ 18,500'WOB=22ROT=78DIFF=165GPM=232SPP=4118OFF BTM TRQ=7kMUD WT=12.6ppg 54vis Survey @18,386' 89.9 inc 251.1 azm 11,503' TVDLithology= 40%ls 60% sh

Total Hours: 24

24 Hour Activity Summary:finish wash and ram to bottom, Downlink RSS and Drill 6.125" production lateral F/18,081' - T/ 18,500'

Page 212: Well Name Daily Drilling Report

24 Hour Plan Forward:Drill 6.125" production lateral

Safety FuelLast BOP Test 12/17/2014 Last BOP Drill 12/17/2014 Last Function Test 12/17/2014 Diesel Used 1,197 Diesel Recvd 3,505 Diesel on Loc 5,972

Page 213: Well Name Daily Drilling Report

Daily Cost Report

Well Name: UTL 28-17-1H

Report Date: 01/07/2015

Daily Cost $62,316

Intangible Costs

Code Description Comments Daily Cum 830.010 Permits, Licenses, ect $3,000

830.020 Staking & Surveying $5,000

830.030 Road, Locations $92,489

830.035 Mobilization/Demobilization $172,500

830.040 Daywork Contract Basin 104 Day Rate -18500 $18,500 $1,551,186

830.050 Mouse/Rathole/Conduct Pipe $28,300

830.055 Directional Drilling & Survey Day rate Newsco and Terravici $20,300 $940,223

830.060 Bits, Tools, Stabalizers $456,431

830.065 Fuel, Power Rig Fuel $7,436 $378,749

830.070 Equipment Rental $3,245 $417,324

830.071 Hot Shot Trucking $28,407

830.075 Mud & Chemicals $6,210 $296,940

830.080 Mud Logging $1225/day Geo $1500/day crown $2,725 $100,910

830.090 Core Analysis

830.095 Openhole Logging

830.100 Cement Services $229,364

830.110 Casing Crew & Equipment $93,685

830.120 Contract Labor $96,729

830.160 Fishing Services $24,207

830.165 Drill Water $55,604

830.175 Supervision Jeff Staples $3,900 $377,500

830.185 Insurance $35,000

830.190 Legal $10,000

830.195 P&A/TA Costs

840.100 Cement Services (4-1/2" Liner)

Total Intangible $62,316 $5,393,548Tangible Costs

Code Description Comments Daily Cum 850.010 Conductor Casing - 13-3/8" $32,219

850.015 Surface Casing - 9-5/8" $200,000

850.120 Intermediate Casing - 7" $321,716

850.145 Wellhead Equipment $35,164

850.150 Float equipment, Centralizers & DVT $4,367

850.275 Tangible Contingency $562,114

860.030 Production Casing - 4-1/2"

860.035 Liner Hanger - 4-1/2"

Total Tangible $1,155,580Total Costs $62,316 $6,549,127

WellEz Information Management Ver4.21.14bg

Page 214: Well Name Daily Drilling Report

Daily Drilling ReportWell Name UTL 28-17-1H

Report Date 01/09/2015

Field University Lands Supervisor Jeff Staples Report No. 95Location Supervisor 2 DFS 87County Ward Rig Phone (432) 614-2013 Spud Date 10/14/2014Rig Name 104 Rig Email [email protected] AFE $6,178,695.00

KB 22.5 Daily Footage 624 Daily Cost $65,722.49

Depth (MD) 19,762 TVD at Bit 11,512 Cum. Cost $6,670,795.99

Estimated TD 21,100

Casing Data

Type Size Weight Grade Connection Top Bottom Shoe TestSurface 13-3/8 48.0 J55 8 Rnd STC 15' 919' 10 ppgIntermediate 9-5/8 40.0 J-55 LTC 15' 7,160'Intermediate 7 29.0 P-110 LTC 15' 11,788'

Mud Properties Last Survey BHAType Brine Depth Inc Azi Component Length ID ODWeight 12.5 19,702' 89.50º 252.90º Drill Bit 1.00' 6.13FV 47 Steerable Assembly 20.01' 4.75PV 24 Drilling Parameters Monel Collar 31.02' 2.50 4.75YP 22 Max WOB 24 Sub 11.37' 2.93 4.75LCM (ppb) Max RPM 155 Monel Collar 30.32' 2.06 4.75Chlorides 137000 Max Torque 12 Sub 4.67' 2.69 4.75% Solids 17.2 Max Pull 190 Sub 1.47' 2.50 4.50Daily Losses Bkgrnd Gas 400 Motor 28.29' 4.75Total Losses Max Gas 8164 Sub 2.76' 2.31 5.25

Cnx Gas 7500 X-Over 3.31' 2.31 5.25Trip Gas Drill Pipe 8914.74' 4.00

Drill Pipe 1405.54' 4.00Total Length: 10454.50

Bit InfoBit # Size Make Type S/N Jets In Out Footage Hrs ROP Grade23 6.125 NOV RSH711M A169101 4-18's 18,081' 19,762' 1,681' 55.9 30.0 -------

-------

-------

-------

Activity Summary (6:00am - 6:00am)From To Hours P / U Summary

06:00 11:00 5.00 Drilling

Drilling 6.125" Production lateralF/19,138' - T/19,274' (136' )WOB=23ROT=67DIFF=231GPM=237SPP=4151psiOFF BTM TRQ=7kMUD WT=12.5ppg 48 visSurvey @ 19,234' 89.8 inc 255.8 azm TVD 11,509'Lithology=90% SH 10% LS

11:00 11:30 0.50 Planned Rig Service

11:30 15:30 4.00 Drilling

Drilling 6.125" Production LateralF/ 19,274' - T/19,369' ( 95' )WOB=20ROT=65DIFF=159GPM=231SPP=4118psiOFF BTM TRQ=7kMUD WT=12.5 ppg 48 visSurvey @19,329' 89.9 inc 256.2 azm TVD 11,510'Lithology =90% SH 10% LS

15:30 16:00 0.50 PlannedDown Link RSS - AZM Correction leftInc hold @ 90 deg 10% Left

16:00 19:00 3.00 Drilling

Drilling 6.125" Production LateralF/ 19,369' T/ 19,460' ( 91' )WOB=20ROT=63DIFF=213GPM=231SPP=4046OFF BTM TRQ=7kMUD WT=12.6ppg 48 visSurvey @19,422 89.5 inc 251.2 azm TVD 11,510'Lithology =80% SH 20% LS

19:00 19:30 0.50 PlannedDown Link RSS- AZM Correction RightInc Hold @ 90 deg 10% right

19:30 06:00 10.50 Drilling

Drilling 6.125" Production LateralF/19,460' - T/ 19,762' ( 302' )WOB=20ROT=62DIFF=165GPM=237SPP=4122psiOFF BTM TRQ=6kMUD WT=12.5ppg 47 visSurvey @ 19,702' 89.5 inc 252.9 azm 11,512' TVDLithology =90% SH 10% LS

Page 215: Well Name Daily Drilling Report

Total Hours: 24

24 Hour Activity Summary:Drill 6.125" Production Lateral F/19,138' T/19,762' , Rig Service, Down Link RSS

24 Hour Plan Forward:Drill 6.125" Production Lateral

Safety FuelLast BOP Test 12/17/2014 Last BOP Drill 12/17/2014 Last Function Test 12/17/2014 Diesel Used 2,069 Diesel Recvd 7,000 Diesel on Loc 7,939

Page 216: Well Name Daily Drilling Report

Daily Cost Report

Well Name: UTL 28-17-1H

Report Date: 01/09/2015

Daily Cost $65,722

Intangible Costs

Code Description Comments Daily Cum 830.010 Permits, Licenses, ect $3,000

830.020 Staking & Surveying $5,000

830.030 Road, Locations $92,489

830.035 Mobilization/Demobilization $172,500

830.040 Daywork Contract Basin 104 Day Rate -18500 $18,500 $1,588,186

830.050 Mouse/Rathole/Conduct Pipe $28,300

830.055 Directional Drilling & Survey Day rate Newsco and Terravici $20,300 $980,823

830.060 Bits, Tools, Stabalizers $456,431

830.065 Fuel, Power 7000 gals rig fuel $14,242 $392,992

830.070 Equipment Rental $3,245 $423,814

830.071 Hot Shot Trucking $29,367

830.075 Mud & Chemicals $2,810 $302,148

830.080 Mud Logging $1225/day Geo $1500/day crown $2,725 $106,360

830.090 Core Analysis

830.095 Openhole Logging

830.100 Cement Services $229,364

830.110 Casing Crew & Equipment $93,685

830.120 Contract Labor $99,927

830.160 Fishing Services $24,207

830.165 Drill Water $56,324

830.175 Supervision Jeff Staples $3,900 $385,300

830.185 Insurance $35,000

830.190 Legal $10,000

830.195 P&A/TA Costs

840.100 Cement Services (4-1/2" Liner)

Total Intangible $65,722 $5,515,216Tangible Costs

Code Description Comments Daily Cum 850.010 Conductor Casing - 13-3/8" $32,219

850.015 Surface Casing - 9-5/8" $200,000

850.120 Intermediate Casing - 7" $321,716

850.145 Wellhead Equipment $35,164

850.150 Float equipment, Centralizers & DVT $4,367

850.275 Tangible Contingency $562,114

860.030 Production Casing - 4-1/2"

860.035 Liner Hanger - 4-1/2"

Total Tangible $1,155,580Total Costs $65,722 $6,670,796

WellEz Information Management Ver4.21.14bg

Page 217: Well Name Daily Drilling Report

Daily Drilling ReportWell Name UTL 28-17-1H

Report Date 01/10/2015

Field University Lands Supervisor Jeff Staples Report No. 96Location Supervisor 2 DFS 88County Ward Rig Phone (432) 614-2013 Spud Date 10/14/2014Rig Name 104 Rig Email [email protected] AFE $6,178,695.00

KB 22.5 Daily Footage 542 Daily Cost $78,672.70

Depth (MD) 20,304 TVD at Bit 11,515 Cum. Cost $6,749,468.69

Estimated TD 21,100

Casing Data

Type Size Weight Grade Connection Top Bottom Shoe TestSurface 13-3/8 48.0 J55 8 Rnd STC 15' 919' 10 ppgIntermediate 9-5/8 40.0 J-55 LTC 15' 7,160'Intermediate 7 29.0 P-110 LTC 15' 11,788'

Mud Properties Last Survey BHAType Brine Depth Inc Azi Component Length ID ODWeight 12.5 20,169' 89.70º 254.80º Drill Bit 1.00' 6.13FV 47 Steerable Assembly 20.01' 4.75PV 24 Drilling Parameters Monel Collar 31.02' 2.50 4.75YP 22 Max WOB 24 Sub 11.37' 2.93 4.75LCM (ppb) Max RPM 155 Monel Collar 30.32' 2.06 4.75Chlorides 137000 Max Torque 12 Sub 4.67' 2.69 4.75% Solids 22 Max Pull 200 Sub 1.47' 2.50 4.50Daily Losses Bkgrnd Gas 835 Motor 28.29' 4.75Total Losses Max Gas 7998 Sub 2.76' 2.31 5.25

Cnx Gas 7998 X-Over 3.31' 2.31 5.25Trip Gas Drill Pipe 8914.74' 4.00

Drill Pipe 1405.54' 4.00Total Length: 10454.50

Bit InfoBit # Size Make Type S/N Jets In Out Footage Hrs ROP Grade23 6.125 NOV RSH711M A169101 4-18's 18,081' 20,304' 2,223' 75.9 29.0 -------

-------

-------

-------

Activity Summary (6:00am - 6:00am)From To Hours P / U Summary

06:00 09:00 3.00 Drilling

Drilling 6.125" Production lateralF/19,762' - T/19,835' WOB=24ROT=72DIFF=165GPM=238SPP=4179psiOFF BTM TRQ=7kMUD WT=12.4ppg 46visSurvey @19,795'= 90.2 inc 254 azm 11,512' tvdLithology= 50% SH / 50% LS

09:00 09:30 0.50 Planned Rig Service

09:30 10:00 0.50 PlannedDown Link RSS Inc hold 90 deg 0% turn

10:00 05:30 19.50 Drilling

Drilling 6.125" Production lateral F/19,835' - T/20,304'WOB=22ROT=67DIFF=414GPM=237SPP=4415psiOFF BTM TRQ=7kMUD WT=12.4ppg 46visSurvey @20,264'- 89.8 inc 255.1 azm 11,515' tvdLithology=50% SH / 50% LS

05:30 06:00 0.50 PlannedDownlink RSS AZM CorrectionInc Hold 90 deg 10% left turn

Total Hours: 24

24 Hour Activity Summary:Drill 6.125" production lateral F/19,762' - T/ 20,304', Rig service, Down link RSS

24 Hour Plan Forward:Drill 6.125" Production Lateral

Safety FuelLast BOP Test 12/17/2014 Last BOP Drill 12/17/2014 Last Function Test 12/17/2014 Diesel Used 1,967 Diesel Recvd Diesel on Loc 5,972

Page 218: Well Name Daily Drilling Report

Daily Cost Report

Well Name: UTL 28-17-1H

Report Date: 01/10/2015

Daily Cost $78,673

Intangible Costs

Code Description Comments Daily Cum 830.010 Permits, Licenses, ect $3,000

830.020 Staking & Surveying $5,000

830.030 Road, Locations $92,489

830.035 Mobilization/Demobilization $172,500

830.040 Daywork Contract Basin 104 Day Rate -18500 $18,500 $1,606,686

830.050 Mouse/Rathole/Conduct Pipe $28,300

830.055 Directional Drilling & Survey Day rate Newsco and Terravici $20,300 $1,001,123

830.060 Bits, Tools, Stabalizers $456,431

830.065 Fuel, Power $392,992

830.070 Equipment Rental $3,245 $427,059

830.071 Hot Shot Trucking $29,367

830.075 Mud & Chemicals $4,306 $306,454

830.080 Mud Logging $1225/day Geo $1500/day crown $2,725 $109,085

830.090 Core Analysis

830.095 Openhole Logging

830.100 Cement Services $229,364

830.110 Casing Crew & Equipment $93,685

830.120 Contract Labor $99,927

830.160 Fishing Services $24,207

830.165 Drill Water SKT 260 bbls clean brine $935 $57,259

830.175 Supervision Jeff Staples $3,900 $389,200

830.185 Insurance $35,000

830.190 Legal $10,000

830.195 P&A/TA Costs

840.100 Cement Services (4-1/2" Liner)

Total Intangible $53,911 $5,569,127Tangible Costs

Code Description Comments Daily Cum 850.010 Conductor Casing - 13-3/8" $32,219

850.015 Surface Casing - 9-5/8" $200,000

850.120 Intermediate Casing - 7" $321,716

850.145 Wellhead Equipment Cameron- Tubing Spool & all related equipment $24,762 $59,926

850.150 Float equipment, Centralizers & DVT $4,367

850.275 Tangible Contingency $562,114

860.030 Production Casing - 4-1/2"

860.035 Liner Hanger - 4-1/2"

Total Tangible $24,762 $1,180,341Total Costs $78,673 $6,749,469

WellEz Information Management Ver4.21.14bg

Page 219: Well Name Daily Drilling Report

Daily Drilling ReportWell Name UTL 28-17-1H

Report Date 01/11/2015

Field University Lands Supervisor Jeff Staples Report No. 97Location Supervisor 2 DFS 89County Ward Rig Phone (432) 614-2013 Spud Date 10/14/2014Rig Name 104 Rig Email [email protected] AFE $6,178,695.00

KB 22.5 Daily Footage 594 Daily Cost $55,593.66

Depth (MD) 20,898 TVD at Bit 11,517 Cum. Cost $6,805,062.35

Estimated TD 21,100

Casing Data

Type Size Weight Grade Connection Top Bottom Shoe TestSurface 13-3/8 48.0 J55 8 Rnd STC 15' 919' 10 ppgIntermediate 9-5/8 40.0 J-55 LTC 15' 7,160'Intermediate 7 29.0 P-110 LTC 15' 11,788'

Mud Properties Last Survey BHAType Brine Depth Inc Azi Component Length ID ODWeight 12.5 20,826' 89.80º 253.30º Drill Bit 1.00' 6.13FV 47 Steerable Assembly 20.01' 4.75PV 24 Drilling Parameters Monel Collar 31.02' 2.50 4.75YP 20 Max WOB 24 Sub 11.37' 2.93 4.75LCM (ppb) Max RPM 155 Monel Collar 30.32' 2.06 4.75Chlorides 137000 Max Torque 12.5 Sub 4.67' 2.69 4.75% Solids 18 Max Pull 200 Sub 1.47' 2.50 4.50Daily Losses Bkgrnd Gas 1144 Motor 28.29' 4.75Total Losses Max Gas 8092 Sub 2.76' 2.31 5.25

Cnx Gas 8092 X-Over 3.31' 2.31 5.25Trip Gas Drill Pipe 8914.74' 4.00

Drill Pipe 1405.54' 4.00Total Length: 10454.50

Bit InfoBit # Size Make Type S/N Jets In Out Footage Hrs ROP Grade23 6.125 NOV RSH711M A169101 4-18's 18,081' 20,898' 2,817' 97.1 29.0 -------

-------

-------

-------

Activity Summary (6:00am - 6:00am)From To Hours P / U Summary

06:00 10:00 4.00 Drilling

Drilling 6.125" production lateralF/ 20,304' - T/20,398'WOB=20ROT=69DIFF=344GPM=235SPP=4131psiOFF BTM TRQ=7.5kMUD WT=12..4ppg / 47visSurvey @ 20,358 = 90.3 inc 254 azm 11,515 tvdLithology=30% SH / 70% LS

10:00 10:30 0.50 Planned Rig Service

10:30 06:00 19.50 Drilling

Drilling 6.125" Production lateralF/ 20,398' - T/ 20,898WOB=23ROT=69DIFF=181GPM=235SPP=4222OFF BTM TRQ=8kMUD WT=12.4ppg 47visSurvey @20,826' = 89.8 inc 253 azm 11,517' tvdLithology=100% Sh

Total Hours: 24

24 Hour Activity Summary:Drilling 6.125" Production Lateral F/20,304' - T/20,898' , Rig Service

24 Hour Plan Forward:Drilling 6.125'' Production latreral

Safety FuelLast BOP Test 12/17/2014 Last BOP Drill 12/17/2014 Last Function Test 12/17/2014 Diesel Used 2,048 Diesel Recvd 3,505 Diesel on Loc 7,429

Page 220: Well Name Daily Drilling Report

Daily Cost Report

Well Name: UTL 28-17-1H

Report Date: 01/11/2015

Daily Cost $55,594

Intangible Costs

Code Description Comments Daily Cum 830.010 Permits, Licenses, ect $3,000

830.020 Staking & Surveying $5,000

830.030 Road, Locations $92,489

830.035 Mobilization/Demobilization $172,500

830.040 Daywork Contract Basin 104 Day Rate -18500 $18,500 $1,625,186

830.050 Mouse/Rathole/Conduct Pipe $28,300

830.055 Directional Drilling & Survey Day rate Newsco and Terravici $20,300 $1,021,423

830.060 Bits, Tools, Stabalizers $456,431

830.065 Fuel, Power Rig Fuel $6,924 $399,915

830.070 Equipment Rental $3,245 $430,304

830.071 Hot Shot Trucking $29,367

830.075 Mud & Chemicals $306,454

830.080 Mud Logging $1225/day Geo $1500/day crown $2,725 $111,810

830.090 Core Analysis

830.095 Openhole Logging

830.100 Cement Services $229,364

830.110 Casing Crew & Equipment $93,685

830.120 Contract Labor $99,927

830.160 Fishing Services $24,207

830.165 Drill Water $57,259

830.175 Supervision Jeff Staples $3,900 $393,100

830.185 Insurance $35,000

830.190 Legal $10,000

830.195 P&A/TA Costs

840.100 Cement Services (4-1/2" Liner)

Total Intangible $55,594 $5,624,721Tangible Costs

Code Description Comments Daily Cum 850.010 Conductor Casing - 13-3/8" $32,219

850.015 Surface Casing - 9-5/8" $200,000

850.120 Intermediate Casing - 7" $321,716

850.145 Wellhead Equipment $59,926

850.150 Float equipment, Centralizers & DVT $4,367

850.275 Tangible Contingency $562,114

860.030 Production Casing - 4-1/2"

860.035 Liner Hanger - 4-1/2"

Total Tangible $1,180,341Total Costs $55,594 $6,805,062

WellEz Information Management Ver4.21.14bg

Page 221: Well Name Daily Drilling Report

Daily Drilling ReportWell Name UTL 28-17-1H

Report Date 01/12/2015

Field University Lands Supervisor Jeff Staples Report No. 98Location Supervisor 2 DFS 90County Ward Rig Phone (432) 614-2013 Spud Date 10/14/2014Rig Name 104 Rig Email [email protected] AFE $6,178,695.00

KB 22.5 Daily Footage 442 Daily Cost $69,636.78

Depth (MD) 21,340 TVD at Bit 11,516 Cum. Cost $6,874,699.13

Estimated TD 21,100

Casing Data

Type Size Weight Grade Connection Top Bottom Shoe TestSurface 13-3/8 48.0 J55 8 Rnd STC 15' 919' 10 ppgIntermediate 9-5/8 40.0 J-55 LTC 15' 7,160'Intermediate 7 29.0 P-110 LTC 15' 11,788'

Mud Properties Last Survey BHAType Brine Depth Inc Azi Component Length ID ODWeight 12.5 21,296' 89.70º 252.00º Drill Bit 1.00' 6.13FV 46 Steerable Assembly 20.01' 4.75PV 20 Drilling Parameters Monel Collar 31.02' 2.50 4.75YP 13 Max WOB 24 Sub 11.37' 2.93 4.75LCM (ppb) Max RPM 155 Monel Collar 30.32' 2.06 4.75Chlorides 138000 Max Torque 12 Sub 4.67' 2.69 4.75% Solids 19 Max Pull 250 Sub 1.47' 2.50 4.50Daily Losses Bkgrnd Gas 1100 Motor 28.29' 4.75Total Losses Max Gas 8800 Sub 2.76' 2.31 5.25

Cnx Gas 8800 X-Over 3.31' 2.31 5.25Trip Gas Drill Pipe 8914.74' 4.00

Drill Pipe 1405.54' 4.00Total Length: 10454.50

Bit InfoBit # Size Make Type S/N Jets In Out Footage Hrs ROP Grade23 6.125 NOV RSH711M A169101 4-18's 18,081' 21,340' 3,259' 113.8 29.0 -------

-------

-------

-------

Activity Summary (6:00am - 6:00am)From To Hours P / U Summary

06:00 12:00 6.00 Drilling

Drilling 6.125" Production LateralF/20,898' - T/ 21,055'WOB=21ROT=70DIFF=130GPM=232SPP=4030psiOFF BTM TRQ=8.5KMUD WT=12.5ppg 47 visSurvey @ 21,015' = 90.5 inc 250.5 azm 11,515' tvdLithology=80% SH 20% LS

12:00 12:30 0.50 Planned Rig Service

12:30 23:30 11.00 Drilling

Drilling 6.125" Production LateralF/ 21,055' - T/21,334'WOB=21ROT=68DIFF=135GPM=230SPP=3935psiOFF BTM TRQ=9kMUD WT=12.5 ppg 46visSurvey @21,296' = 89.7 inc 252 azm 11,516 tvdLithology=90% Sh 10% LS

23:30 00:00 0.50 PlannedDown Link RSS to Neutral/Safe ModePrep tool for TD to trip out

00:00 00:30 0.50 Drilling

Drill 6.125" Production LateralF/21,334' - T/ 21,340' TD WellWOB=21ROT=68DIFF=135GPM=233SPP=4010psiOFF BTM TRQ=9kMUD WT=12.5ppg 46visLithology=90% SH 10% LS

00:30 04:00 3.50 PlannedCirculate and condition hole- 2 bottoms ups Pump weighted sweeps and work pipe With high rotary to disrupt hydraulics

04:00 06:00 2.00 Planned

Flow Check well and Short trip - Well Static F/21,340' - T/ 18,802'Hole Slick Max Pull 250K Achieved proper fill

Page 222: Well Name Daily Drilling Report

Total Hours: 24

24 Hour Activity Summary:Finish Drilling 6.125" Lateral, TD Well @ 21,340', Circulate and condition hole, Short trip 2,500'

24 Hour Plan Forward:Finish Short trip to Bottom, circulate bottoms up, Spot Lube in Latteral, Trip out hole/Lay down drill pipe, Run Liner

Safety FuelLast BOP Test 12/17/2014 Last BOP Drill 12/17/2014 Last Function Test 12/17/2014 Diesel Used 2,017 Diesel Recvd 3,450 Diesel on Loc 8,862

Page 223: Well Name Daily Drilling Report

Daily Cost Report

Well Name: UTL 28-17-1H

Report Date: 01/12/2015

Daily Cost $69,637

Intangible Costs

Code Description Comments Daily Cum 830.010 Permits, Licenses, ect $3,000

830.020 Staking & Surveying $5,000

830.030 Road, Locations $92,489

830.035 Mobilization/Demobilization $172,500

830.040 Daywork Contract Basin 104 Day Rate -18500 $18,500 $1,643,686

830.050 Mouse/Rathole/Conduct Pipe $28,300

830.055 Directional Drilling & Survey Day rate Newsco and Terravici $20,300 $1,041,723

830.060 Bits, Tools, Stabalizers $456,431

830.065 Fuel, Power Rig Fuel $6,810 $406,725

830.070 Equipment Rental $3,245 $433,549

830.071 Hot Shot Trucking $29,367

830.075 Mud & Chemicals $12,402 $318,856

830.080 Mud Logging $1225/day Geo $1500/day crown $2,725 $114,535

830.090 Core Analysis

830.095 Openhole Logging

830.100 Cement Services $229,364

830.110 Casing Crew & Equipment $93,685

830.120 Contract Labor $99,927

830.160 Fishing Services $24,207

830.165 Drill Water SKT clean brine for lube pill, 1 fresh for camps $1,755 $59,014

830.175 Supervision Jeff Staples $3,900 $397,000

830.185 Insurance $35,000

830.190 Legal $10,000

830.195 P&A/TA Costs

840.100 Cement Services (4-1/2" Liner)

Total Intangible $69,637 $5,694,358Tangible Costs

Code Description Comments Daily Cum 850.010 Conductor Casing - 13-3/8" $32,219

850.015 Surface Casing - 9-5/8" $200,000

850.120 Intermediate Casing - 7" $321,716

850.145 Wellhead Equipment $59,926

850.150 Float equipment, Centralizers & DVT $4,367

850.275 Tangible Contingency $562,114

860.030 Production Casing - 4-1/2"

860.035 Liner Hanger - 4-1/2"

Total Tangible $1,180,341Total Costs $69,637 $6,874,699

WellEz Information Management Ver4.21.14bg

Page 224: Well Name Daily Drilling Report

Daily Drilling ReportWell Name UTL 28-17-1H

Report Date 01/13/2015

Field University Lands Supervisor Jeff Staples Report No. 99Location Supervisor 2 DFS 91County Ward Rig Phone (432) 614-2013 Spud Date 10/14/2014Rig Name 104 Rig Email [email protected] AFE $6,178,695.00

KB 22.5 Daily Footage Daily Cost $59,354.06

Depth (MD) 21,340 TVD at Bit 11,516 Cum. Cost $6,934,053.19

Estimated TD 21,100

Casing Data

Type Size Weight Grade Connection Top Bottom Shoe TestSurface 13-3/8 48.0 J55 8 Rnd STC 15' 919' 10 ppgIntermediate 9-5/8 40.0 J-55 LTC 15' 7,160'Intermediate 7 29.0 P-110 LTC 15' 11,788'

Mud Properties Last Survey BHAType Brine Depth Inc Azi Component Length ID ODWeight 12.5 Drill Bit 1.00' 6.13FV 46 Steerable Assembly 20.01' 4.75PV 21 Drilling Parameters Monel Collar 31.02' 2.50 4.75YP 14 Max WOB 24 Sub 11.37' 2.93 4.75LCM (ppb) Max RPM 155 Monel Collar 30.32' 2.06 4.75Chlorides 138000 Max Torque Sub 4.67' 2.69 4.75% Solids 16 Max Pull 250 Sub 1.47' 2.50 4.50Daily Losses Bkgrnd Gas Motor 28.29' 4.75Total Losses Max Gas Sub 2.76' 2.31 5.25

Cnx Gas X-Over 3.31' 2.31 5.25Trip Gas Drill Pipe 8914.74' 4.00

Drill Pipe 1405.54' 4.00Total Length: 10454.50

Bit InfoBit # Size Make Type S/N Jets In Out Footage Hrs ROP Grade23 6.125 NOV RSH711M A169101 4-18's 18,081' 21,340' 3,259' 113.8 29.0 6-3-BT-C-I-X-CT-S-TD

-------

-------

-------

Activity Summary (6:00am - 6:00am)From To Hours P / U Summary

06:00 09:00 3.00 Planned

Continue short trip back in holeF/18,802 - T/21,340Wash and reaming the last 750' to bottom due to bucking out

09:00 12:30 3.50 Planned

Condition and circulate hole - 2 bottoms up- pumping 2 weighted sweepsSpot 250 bbls 4% lube in lateral for liner runFlow Check = Well StaticPump Slug

12:30 19:30 7.00 Planned

Trip out holeF/21,340' - T/9,048'hole slick achieved calculated fill

19:30 20:30 1.00 PlannedSlip and Cut Drill LineCirculating Over Well with The Trip Tank To Monitor- Well Static

20:30 06:00 9.50 PlannedRig Up Lay Down Truck And Lay Down Drill Pipe F/9,048' - T/ BHA

Total Hours: 24

24 Hour Activity Summary:Cont. Short trip in hole, Circ and Condition mud, Spot Lube Pill In Lateral, Trip out hole T/9,048' Slip And Cut Drill Line, Rig Up Lay Down Truck and Lay Down Pipe F/9,048' T/BHA

24 Hour Plan Forward:Finish Laying Down BHA, Rig Up CRT Run Liner and Cement

Safety FuelLast BOP Test 12/17/2014 Last BOP Drill 12/17/2014 Last Function Test 12/17/2014 Diesel Used 1,306 Diesel Recvd Diesel on Loc 7,556

Page 225: Well Name Daily Drilling Report

Daily Cost Report

Well Name: UTL 28-17-1H

Report Date: 01/13/2015

Daily Cost $59,354

Intangible Costs

Code Description Comments Daily Cum 830.010 Permits, Licenses, ect $3,000

830.020 Staking & Surveying $5,000

830.030 Road, Locations $92,489

830.035 Mobilization/Demobilization $172,500

830.040 Daywork Contract Basin 104 Day Rate -18500 $18,500 $1,662,186

830.050 Mouse/Rathole/Conduct Pipe $28,300

830.055 Directional Drilling & Survey Day rate Newsco and Terravici $20,300 $1,062,023

830.060 Bits, Tools, Stabalizers $456,431

830.065 Fuel, Power $406,725

830.070 Equipment Rental $3,245 $436,794

830.071 Hot Shot Trucking $29,367

830.075 Mud & Chemicals $13,409 $332,265

830.080 Mud Logging $1225/day Geo $1500/ crown/ Rigged Down 1/12/14 $114,535

830.090 Core Analysis

830.095 Openhole Logging

830.100 Cement Services $229,364

830.110 Casing Crew & Equipment $93,685

830.120 Contract Labor $99,927

830.160 Fishing Services $24,207

830.165 Drill Water $59,014

830.175 Supervision Jeff Staples $3,900 $400,900

830.185 Insurance $35,000

830.190 Legal $10,000

830.195 P&A/TA Costs

840.100 Cement Services (4-1/2" Liner)

Total Intangible $59,354 $5,753,712Tangible Costs

Code Description Comments Daily Cum 850.010 Conductor Casing - 13-3/8" $32,219

850.015 Surface Casing - 9-5/8" $200,000

850.120 Intermediate Casing - 7" $321,716

850.145 Wellhead Equipment $59,926

850.150 Float equipment, Centralizers & DVT $4,367

850.275 Tangible Contingency $562,114

860.030 Production Casing - 4-1/2"

860.035 Liner Hanger - 4-1/2"

Total Tangible $1,180,341Total Costs $59,354 $6,934,053

WellEz Information Management Ver4.21.14bg

Page 226: Well Name Daily Drilling Report

Daily Drilling ReportWell Name UTL 28-17-1H

Report Date 01/14/2015

Field University Lands Supervisor Jeff Staples Report No. 100Location Supervisor 2 DFS 92County Ward Rig Phone (432) 614-2013 Spud Date 10/14/2014Rig Name 104 Rig Email [email protected] AFE $6,178,695.00

KB 22.5 Daily Footage Daily Cost $51,098.00

Depth (MD) 21,340 TVD at Bit 11,516 Cum. Cost $6,991,851.19

Estimated TD 21,100

Casing Data

Type Size Weight Grade Connection Top Bottom Shoe TestSurface 13-3/8 48.0 J55 8 Rnd STC 15' 919' 10 ppgIntermediate 9-5/8 40.0 J-55 LTC 15' 7,160'Intermediate 7 29.0 P-110 LTC 15' 11,788'

Mud Properties Last Survey BHAType Brine Depth Inc Azi Component Length ID ODWeight 12.5 Drill Pipe 1405.54' 4.00FV 46PV 21 Drilling Parameters YP 14 Max WOB 24LCM (ppb) Max RPM 155Chlorides 138000 Max Torque% Solids 16 Max PullDaily Losses Bkgrnd GasTotal Losses Max Gas

Cnx GasTrip Gas

Total Length: 1405.54

Bit InfoBit # Size Make Type S/N Jets In Out Footage Hrs ROP Grade

-------

-------

-------

-------

Activity Summary (6:00am - 6:00am)From To Hours P / U Summary06:00 07:00 1.00 Planned Finish laying Down BHA

07:00 08:00 1.00 Planned Rig Service - Change out saver sub

08:00 12:00 4.00 PlannedHold Safety meeting rig up CRT and run 4.5" 13.5# liner filling every 30 jts per Baker running procedureF/ surface - T/10,709'

12:00 02:00 14.00 Planned Rig down CRT and change out saver sub

02:00 04:30 2.50 UnPlanned Non Productive time- Not able to pick up the hanger due to rig forklift breaking down

04:30 06:00 1.50 Planned Rig up Tesco power tongs and power unit to make up liner hanger

Total Hours: 24

24 Hour Activity Summary:finish laying down bha, Rig Up CRT and run 4.5" liner, RIg Down CRT, Non Productive time forklift broke down and cant pick up liner hanger,

24 Hour Plan Forward:Pick Up Liner hanger and trip in hole running 4.5" Liner to bottom, Rig up cementers and cement

Safety FuelLast BOP Test 12/17/2014 Last BOP Drill 12/17/2014 Last Function Test 12/17/2014 Diesel Used 911 Diesel Recvd Diesel on Loc 6,645

Page 227: Well Name Daily Drilling Report

Daily Cost Report

Well Name: UTL 28-17-1H

Report Date: 01/14/2015

Daily Cost $51,098

Intangible Costs

Code Description Comments Daily Cum 830.010 Permits, Licenses, ect $3,000

830.020 Staking & Surveying $5,000

830.030 Road, Locations $92,489

830.035 Mobilization/Demobilization $172,500

830.040 Daywork Contract Basin 104 18.5K- 2.5 hrs NPT- Couldnt pic hanger $16,573 $1,678,759

830.050 Mouse/Rathole/Conduct Pipe $28,300

830.055 Directional Drilling & Survey Day rate Newsco - Last Billing Day 1-13-15 $21,050 $1,083,073

830.060 Bits, Tools, Stabalizers $463,131

830.065 Fuel, Power $406,725

830.070 Equipment Rental $3,245 $440,039

830.071 Hot Shot Trucking Haileys Hot shot- Transport RSS equipment $4,365 $33,732

830.075 Mud & Chemicals $332,265

830.080 Mud Logging $1225/day Geo $1500/ crown/ Rigged Down 1/12/14 $114,535

830.090 Core Analysis

830.095 Openhole Logging

830.100 Cement Services $229,364

830.110 Casing Crew & Equipment $93,685

830.120 Contract Labor $99,927

830.160 Fishing Services $24,207

830.165 Drill Water SKT Water for cement Job $1,965 $60,979

830.175 Supervision Jeff Staples $3,900 $404,800

830.185 Insurance $35,000

830.190 Legal $10,000

830.195 P&A/TA Costs

840.100 Cement Services (4-1/2" Liner)

Total Intangible $51,098 $5,811,510Tangible Costs

Code Description Comments Daily Cum 850.010 Conductor Casing - 13-3/8" $32,219

850.015 Surface Casing - 9-5/8" $200,000

850.120 Intermediate Casing - 7" $321,716

850.145 Wellhead Equipment $59,926

850.150 Float equipment, Centralizers & DVT $4,367

850.275 Tangible Contingency $562,114

860.030 Production Casing - 4-1/2"

860.035 Liner Hanger - 4-1/2"

Total Tangible $1,180,341Total Costs $51,098 $6,991,851

WellEz Information Management Ver4.21.14bg

Page 228: Well Name Daily Drilling Report

Daily Drilling ReportWell Name UTL 28-17-1H

Report Date 01/15/2015

Field University Lands Supervisor Jeff Staples Report No. 101Location Supervisor 2 DFS 93County Ward Rig Phone (432) 614-2013 Spud Date 10/14/2014Rig Name 104 Rig Email [email protected] AFE $6,178,695.00

KB 22.5 Daily Footage Daily Cost $36,809.75

Depth (MD) 21,340 TVD at Bit 11,516 Cum. Cost $7,028,660.94

Estimated TD 21,100

Casing Data

Type Size Weight Grade Connection Top Bottom Shoe TestSurface 13-3/8 48.0 J55 8 Rnd STC 15' 919' 10 ppgIntermediate 9-5/8 40.0 J-55 LTC 15' 7,160'Intermediate 7 29.0 P-110 LTC 15' 11,788'

Mud Properties Last Survey BHAType Brine Depth Inc Azi Component Length ID ODWeight 12.5 Drill Pipe 1405.54' 4.00FV 46PV 21 Drilling Parameters YP 14 Max WOB 24LCM (ppb) Max RPM 155Chlorides 138000 Max Torque% Solids 16 Max PullDaily Losses Bkgrnd GasTotal Losses Max Gas

Cnx GasTrip Gas

Total Length: 1405.54

Bit InfoBit # Size Make Type S/N Jets In Out Footage Hrs ROP Grade

-------

-------

-------

-------

Activity Summary (6:00am - 6:00am)From To Hours P / U Summary

06:00 10:00 4.00 PlannedMake up Liner hanger and cross liner over to Drill pipe run liner in hole F/10,709' - T/13,488'

10:00 10:30 0.50 UnPlanned

Install rotating headWhile attempting to install lost the ability to slack off, Picked back up and observed over pull Of 22klbs slacked back off to Neutral (185 klbs) and established circulation @ 3 bbl min (570psi) Attempt to slack back off from neutral wt to 117k picked back up to neutral wt. and attempt to rotate. top drive stalled out at 7klbs attempt to work torque down string with zero result

10:30 11:30 1.00 UnPlannedAdjust pressure on Top Drive to increase rotary torque to 8,300 kflbsAttempt to work torque down drill string F- 190k T-115K slack off with zero result

11:30 14:00 2.50 UnPlanned Spot 6% lube pill from liner shoe to Kick off point @ 5BBL Min while working torque down string F-190K Neutral T- 120K Slack off

14:00 16:00 2.00 UnPlannedAttempt over pull in intervals of 5From 190K to 240k increasing over pull by 10k every 5 pulls- Max Pull 300K (110k) over

16:00 18:00 2.00 UnPlanned

Break circulation @ 3.5bbls min work torque (8,300 ftlbs) into string and over pull F-190K T-250K (60k)over in intervals of 5, Slack back off to neutral and release torque and repeat over pull 60K for 10 pulls- Decision was made to release liner running tool from the hanger assembly and trip it out the hole

18:00 21:00 3.00 UnPlannedTrip out hole and Lay down liner running toolF/2,756' T- Surface

21:00 01:00 4.00 UnPlanned Wait on Baker Hughes to build hanger retrieval tool and transport to location

01:00 04:00 3.00 UnPlanned Trip in hole with liner retrieval tool and latch in liner top @ 2,765'

04:00 05:00 1.00 UnPlannedRig Up Dialog Wire line and run in string with Split Shot to shoot off and retrieve liner hanger and packer- shoot off @ 2,856' Picked up on string with string with Zero over pull

05:00 06:00 1.00 UnPlannedTrip out hole with liner hanger assemblyF/2,856' - T/ 850'

Total Hours: 24

24 Hour Activity Summary:Trip in hole with Liner, Work stuck liner, Run wireline shoot off to retrieve liner hanger assembly,

24 Hour Plan Forward:Trip out hole with liner hanger assembly, Run wire line and shoot off liner @ 10,600', trip in hole with Jars to retrieve remaining liner

Safety FuelLast BOP Test 12/17/2014 Last BOP Drill 12/17/2014 Last Function Test 12/17/2014 Diesel Used 945 Diesel Recvd Diesel on Loc 5,700

Page 229: Well Name Daily Drilling Report

Daily Cost Report

Well Name: UTL 28-17-1H

Report Date: 01/15/2015

Daily Cost $36,810

Intangible Costs

Code Description Comments Daily Cum 830.010 Permits, Licenses, ect $3,000

830.020 Staking & Surveying $5,000

830.030 Road, Locations $92,489

830.035 Mobilization/Demobilization $172,500

830.040 Daywork Contract Basin 104 18.5K- $18,500 $1,697,259

830.050 Mouse/Rathole/Conduct Pipe $28,300

830.055 Directional Drilling & Survey Day rate Newsco - Last Billing Day 1-13-15 $1,083,073

830.060 Bits, Tools, Stabalizers $463,131

830.065 Fuel, Power $406,725

830.070 Equipment Rental $3,245 $443,284

830.071 Hot Shot Trucking Tejas- Transport Directional tools- Liner run tool $1,640 $35,372

830.075 Mud & Chemicals $332,265

830.080 Mud Logging $1225/day Geo $1500/ crown/ Rigged Down 1/12/14 $114,535

830.090 Core Analysis

830.095 Openhole Logging

830.100 Cement Services $229,364

830.110 Casing Crew & Equipment Profesional Lay down- Lay down pipe and run liner $9,525 $103,210

830.120 Contract Labor $99,927

830.160 Fishing Services $24,207

830.165 Drill Water $60,979

830.175 Supervision Jeff Staples $3,900 $408,700

830.185 Insurance $35,000

830.190 Legal $10,000

830.195 P&A/TA Costs

840.100 Cement Services (4-1/2" Liner)

Total Intangible $36,810 $5,848,320Tangible Costs

Code Description Comments Daily Cum 850.010 Conductor Casing - 13-3/8" $32,219

850.015 Surface Casing - 9-5/8" $200,000

850.120 Intermediate Casing - 7" $321,716

850.145 Wellhead Equipment $59,926

850.150 Float equipment, Centralizers & DVT $4,367

850.275 Tangible Contingency $562,114

860.030 Production Casing - 4-1/2"

860.035 Liner Hanger - 4-1/2"

Total Tangible $1,180,341Total Costs $36,810 $7,028,661

WellEz Information Management Ver4.21.14bg

Page 230: Well Name Daily Drilling Report

Daily Drilling ReportWell Name UTL 28-17-1H

Report Date 01/16/2015

Field University Lands Supervisor Jeff Staples Report No. 102Location Supervisor 2 DFS 94County Ward Rig Phone (432) 614-2013 Spud Date 10/14/2014Rig Name 104 Rig Email [email protected] AFE $6,178,695.00

KB 22.5 Daily Footage Daily Cost $29,162.15

Depth (MD) 21,340 TVD at Bit 11,516 Cum. Cost $7,057,823.09

Estimated TD 21,100

Casing Data

Type Size Weight Grade Connection Top Bottom Shoe TestSurface 13-3/8 48.0 J55 8 Rnd STC 15' 919' 10 ppgIntermediate 9-5/8 40.0 J-55 LTC 15' 7,160'Intermediate 7 29.0 P-110 LTC 15' 11,788'

Mud Properties Last Survey BHAType Brine Depth Inc Azi Component Length ID ODWeight 12.5 Drill Pipe 1405.54' 4.00FV 46PV 21 Drilling Parameters YP 14 Max WOB 24LCM (ppb) Max RPM 155Chlorides 138000 Max Torque% Solids 16 Max PullDaily Losses Bkgrnd GasTotal Losses Max Gas

Cnx GasTrip Gas

Total Length: 1405.54

Bit InfoBit # Size Make Type S/N Jets In Out Footage Hrs ROP Grade

-------

-------

-------

-------

Activity Summary (6:00am - 6:00am)From To Hours P / U Summary06:00 07:30 1.50 Planned Finish Tripping out hole with liner hanger assembly

07:30 10:30 3.00 Planned Rig up wire line truck and run down to 10,605' and attempt to chemical cut liner @10,605'

10:30 11:00 0.50 Planned Rig Service

11:00 15:30 4.50 Planned

Make up fishing tools and trip in hole tag top of fish at 2,858'chemical cut was unsuccessful worked pipe from calculated neutral point with fish (185K) and high pull of 275K for 10 pulls with no results

15:30 17:00 1.50 Planned Unlatch from fish and trip out the hole to attempt chemical cut #2

17:00 19:30 2.50 PlannedRig Up wire line and run in hole for chemical cut #2 @10,610'after discharging acid the wire line tool was stuck and pulled the rope socket

19:30 21:30 2.00 PlannedMake up fishing tools and trip hole, tag fish at 2,858'Pulled to 150K and fish broke free at chemical cut 10,610' - ( 2,878' Of liner left to retrieve)

21:30 06:00 8.50 PlannedTrip out hole laying down liner F/ 10,610' - 665'

Total Hours: 24

24 Hour Activity Summary:Lay down hanger, run wire line to cut off liner @ 10,600', trip in hole fishing for section of liner, lay down retrieved liner,

24 Hour Plan Forward:Finish laying down retrieved liner, Trip in hole with Jars to retrieve remaining 2,878' liner, run second string liner

Safety FuelLast BOP Test 12/17/2014 Last BOP Drill 12/17/2014 Last Function Test 12/17/2014 Diesel Used 819 Diesel Recvd Diesel on Loc 4,881

Page 231: Well Name Daily Drilling Report

Daily Cost Report

Well Name: UTL 28-17-1H

Report Date: 01/16/2015

Daily Cost $29,162

Intangible Costs

Code Description Comments Daily Cum 830.010 Permits, Licenses, ect $3,000

830.020 Staking & Surveying $5,000

830.030 Road, Locations $92,489

830.035 Mobilization/Demobilization $172,500

830.040 Daywork Contract Basin 104 18.5K- $18,500 $1,715,759

830.050 Mouse/Rathole/Conduct Pipe $28,300

830.055 Directional Drilling & Survey Day rate Newsco - Last Billing Day 1-13-15 $1,083,073

830.060 Bits, Tools, Stabalizers $463,131

830.065 Fuel, Power $406,725

830.070 Equipment Rental $3,245 $446,529

830.071 Hot Shot Trucking Tejas- Haul 90jts pipe back to Platinum rentals $1,807 $37,179

830.075 Mud & Chemicals $332,265

830.080 Mud Logging $1225/day Geo $1500/ crown/ Rigged Down 1/12/14 $114,535

830.090 Core Analysis

830.095 Openhole Logging

830.100 Cement Services $229,364

830.110 Casing Crew & Equipment $103,210

830.120 Contract Labor house keepers cleaning camp $270 $100,197

830.160 Fishing Services $24,207

830.165 Drill Water camp water $1,440 $62,419

830.175 Supervision Jeff Staples $3,900 $412,600

830.185 Insurance $35,000

830.190 Legal $10,000

830.195 P&A/TA Costs

840.100 Cement Services (4-1/2" Liner)

Total Intangible $29,162 $5,877,482Tangible Costs

Code Description Comments Daily Cum 850.010 Conductor Casing - 13-3/8" $32,219

850.015 Surface Casing - 9-5/8" $200,000

850.120 Intermediate Casing - 7" $321,716

850.145 Wellhead Equipment $59,926

850.150 Float equipment, Centralizers & DVT $4,367

850.275 Tangible Contingency $562,114

860.030 Production Casing - 4-1/2"

860.035 Liner Hanger - 4-1/2"

Total Tangible $1,180,341Total Costs $29,162 $7,057,823

WellEz Information Management Ver4.21.14bg

Page 232: Well Name Daily Drilling Report

Daily Drilling ReportWell Name UTL 28-17-1H

Report Date 01/17/2015

Field University Lands Supervisor Jeff Staples Report No. 103Location Supervisor 2 DFS 95County Ward Rig Phone (432) 614-2013 Spud Date 10/14/2014Rig Name 104 Rig Email [email protected] AFE $6,178,695.00

KB 22.5 Daily Footage Daily Cost $27,181.58

Depth (MD) 21,340 TVD at Bit 11,516 Cum. Cost $7,085,004.67

Estimated TD 21,100

Casing Data

Type Size Weight Grade Connection Top Bottom Shoe TestSurface 13-3/8 48.0 J55 8 Rnd STC 15' 919' 10 ppgIntermediate 9-5/8 40.0 J-55 LTC 15' 7,160'Intermediate 7 29.0 P-110 LTC 15' 11,788'

Mud Properties Last Survey BHAType Brine Depth Inc Azi Component Length ID ODWeight 12.5 Drill Pipe 1405.54' 4.00FV 46PV 21 Drilling Parameters YP 14 Max WOB 24LCM (ppb) Max RPM 155Chlorides 138000 Max Torque% Solids 16 Max PullDaily Losses Bkgrnd GasTotal Losses Max Gas

Cnx GasTrip Gas

Total Length: 1405.54

Bit InfoBit # Size Make Type S/N Jets In Out Footage Hrs ROP Grade

-------

-------

-------

-------

Activity Summary (6:00am - 6:00am)From To Hours P / U Summary06:00 08:00 2.00 Planned Finish Laying Liner Down

08:00 08:30 0.50 Planned Rig Service

08:30 17:00 8.50 Planned

Make up Jarring assembly and trip in hole as fallowsover shot, over shot extension, crossover sub, LBS, Hydraulic jars, crossover sub, 3 jts HWDP, crossover sub, intensifier, crossover sub, fallowed by 112 stands 4" drill pipe

17:00 18:00 1.00 Planned

Jar on fish #2- 4 times Slacking off From Neutral wt 167K to 145K to set jars pulling over to 250K- after the first lick pulled up to 295K and grapple slipped off the fish, slacked back off and got another bite pulled to 250K (80k 0ver) for 3 pulls and over shot slipped again and could no longer get a bite on the fishImpact on fish=320K

18:00 19:30 1.50 Planned Circulate and pump slug, Prep rig floor for trip

19:30 00:30 5.00 PlannedTrip out hole to take a look at grapple found that the grappled was broken- Lay down fishing assembly

00:30 02:30 2.00 Planned Slip and Cut drill line

02:30 05:30 3.00 UnPlannedWait on Weatherford to build and hotshot new grapple and milled skirt assembly with cut-rite to clean up top of fish as to prevent damage to grapple number 2

05:30 06:00 0.50 Planned

Make up jarring assembly #2 as fallowsOver shot, over shot skirt assembly with cut-rite, crossover sub, LBS, Hydraulic jars, crossover sub, 3jts HWDP, crossover sub, intensifier, crossover sub,

Total Hours: 24

24 Hour Activity Summary:Lay down liner, Rig Service, trip in hole with fishing assembly #2, Jar on fish 4 times, trip out hole, change out grapple and over shot skirt

24 Hour Plan Forward:Finish making up fishing assembly number 3, trip in hole, jar fish, trip out hole laying down remainig liner

Safety FuelLast BOP Test 12/17/2014 Last BOP Drill 12/17/2014 Last Function Test 12/17/2014 Diesel Used 950 Diesel Recvd Diesel on Loc 3,931

Page 233: Well Name Daily Drilling Report

Daily Cost Report

Well Name: UTL 28-17-1H

Report Date: 01/17/2015

Daily Cost $27,182

Intangible Costs

Code Description Comments Daily Cum 830.010 Permits, Licenses, ect $3,000

830.020 Staking & Surveying $5,000

830.030 Road, Locations $92,489

830.035 Mobilization/Demobilization $172,500

830.040 Daywork Contract Basin 104 18.5K- $18,500 $1,734,259

830.050 Mouse/Rathole/Conduct Pipe $28,300

830.055 Directional Drilling & Survey Day rate Newsco - Last Billing Day 1-13-15 $1,083,073

830.060 Bits, Tools, Stabalizers $463,131

830.065 Fuel, Power $406,725

830.070 Equipment Rental $3,245 $449,774

830.071 Hot Shot Trucking transport- fishing tools $917 $38,096

830.075 Mud & Chemicals $332,265

830.080 Mud Logging $1225/day Geo $1500/ crown/ Rigged Down 1/12/14 $114,535

830.090 Core Analysis

830.095 Openhole Logging

830.100 Cement Services $229,364

830.110 Casing Crew & Equipment $103,210

830.120 Contract Labor $100,197

830.160 Fishing Services $24,207

830.165 Drill Water 2 loads fresh water for rig day tank $620 $63,039

830.175 Supervision Jeff Staples $3,900 $416,500

830.185 Insurance $35,000

830.190 Legal $10,000

830.195 P&A/TA Costs

840.100 Cement Services (4-1/2" Liner)

Total Intangible $27,182 $5,904,663Tangible Costs

Code Description Comments Daily Cum 850.010 Conductor Casing - 13-3/8" $32,219

850.015 Surface Casing - 9-5/8" $200,000

850.120 Intermediate Casing - 7" $321,716

850.145 Wellhead Equipment $59,926

850.150 Float equipment, Centralizers & DVT $4,367

850.275 Tangible Contingency $562,114

860.030 Production Casing - 4-1/2"

860.035 Liner Hanger - 4-1/2"

Total Tangible $1,180,341Total Costs $27,182 $7,085,005

WellEz Information Management Ver4.21.14bg

Page 234: Well Name Daily Drilling Report

Daily Drilling ReportWell Name UTL 28-17-1H

Report Date 01/18/2015

Field University Lands Supervisor Jeff Staples Report No. 104Location Supervisor 2 DFS 96County Ward Rig Phone (432) 614-2013 Spud Date 10/14/2014Rig Name 104 Rig Email [email protected] AFE $6,178,695.00

KB 22.5 Daily Footage Daily Cost $26,292.00

Depth (MD) 21,340 TVD at Bit 11,516 Cum. Cost $7,111,296.67

Estimated TD 21,100

Casing Data

Type Size Weight Grade Connection Top Bottom Shoe TestSurface 13-3/8 48.0 J55 8 Rnd STC 15' 919' 10 ppgIntermediate 9-5/8 40.0 J-55 LTC 15' 7,160'Intermediate 7 29.0 P-110 LTC 15' 11,788'

Mud Properties Last Survey BHAType Brine Depth Inc Azi Component Length ID ODWeight 12.3 Drill Pipe 1405.54' 4.00FV 40PV 21 Drilling Parameters YP 14 Max WOB 24LCM (ppb) Max RPM 155Chlorides 138000 Max Torque% Solids 16 Max PullDaily Losses Bkgrnd GasTotal Losses Max Gas

Cnx GasTrip Gas

Total Length: 1405.54

Bit InfoBit # Size Make Type S/N Jets In Out Footage Hrs ROP Grade

-------

-------

-------

-------

Activity Summary (6:00am - 6:00am)From To Hours P / U Summary

06:00 15:00 9.00 Planned

Finish Making up fishing tools and trip in hole 112 stands drill pipe to top of fish 10,610'Circulate above fish and get neutral parameters ROT Wt= 165KP/U Wt=165KS/O Wt=160KTorque @10rpm=1300ftlbs 200 Gpm=1029 psi

P/U wt=165K

15:00 15:30 0.50 Planned Rig Service

15:30 19:30 4.00 Planned

attempt to mill/clean up top of fish and get a good bite on top of fish- Slack off on top of fish 20K pick up and over pull 20K Grapple slipped off, Slack off 40K over pull 20K grapple slipped off, Slack off 60K over pull 10K grapple slipped off, Slack off set 120K on top off fish grapple would not catch fishWhile millingWOB=10KRot= 30Torque= 2900SPP= 1300GPM=200 P/U wt 165K

19:30 23:00 3.50 PlannedTrip out hole to pick up new over shot assembly, over shot extensionsF/10,610' - Surface- Confirmed grapple broken

23:00 01:00 2.00 UnPlanned Wait on SLB Over shot extensions and new Weatherford grapple

01:00 06:00 5.00 PlannedMake up new over shot assembly and trip in holeF/surface - T/ 8,800'

Total Hours: 24

24 Hour Activity Summary:Trip in hole with fishing assembly number 2, Mill/clean up top of fish and attempt to grab fish, Rig Service, Trip out hole and change out Fishing assemly, Trip back in hole with Longer Over shot extensions

24 Hour Plan Forward:Finish trip in hole F/8,800' - 10,610' Tag up on fish and begin Jarring Ops

Safety FuelLast BOP Test 12/17/2014 Last BOP Drill 12/17/2014 Last Function Test 12/17/2014 Diesel Used 1,052 Diesel Recvd Diesel on Loc 2,879

Page 235: Well Name Daily Drilling Report

Daily Cost Report

Well Name: UTL 28-17-1H

Report Date: 01/18/2015

Daily Cost $26,292

Intangible Costs

Code Description Comments Daily Cum 830.010 Permits, Licenses, ect $3,000

830.020 Staking & Surveying $5,000

830.030 Road, Locations $92,489

830.035 Mobilization/Demobilization $172,500

830.040 Daywork Contract Basin 104 18.5K- $18,500 $1,752,759

830.050 Mouse/Rathole/Conduct Pipe $28,300

830.055 Directional Drilling & Survey Day rate Newsco - Last Billing Day 1-13-15 $1,083,073

830.060 Bits, Tools, Stabalizers $463,131

830.065 Fuel, Power $406,725

830.070 Equipment Rental $3,245 $453,019

830.071 Hot Shot Trucking Tejas- Transport new over shot extensions $647 $38,743

830.075 Mud & Chemicals $332,265

830.080 Mud Logging $1225/day Geo $1500/ crown/ Rigged Down 1/12/14 $114,535

830.090 Core Analysis

830.095 Openhole Logging

830.100 Cement Services $229,364

830.110 Casing Crew & Equipment $103,210

830.120 Contract Labor $100,197

830.160 Fishing Services $24,207

830.165 Drill Water $63,039

830.175 Supervision Jeff Staples $3,900 $420,400

830.185 Insurance $35,000

830.190 Legal $10,000

830.195 P&A/TA Costs

840.100 Cement Services (4-1/2" Liner)

Total Intangible $26,292 $5,930,955Tangible Costs

Code Description Comments Daily Cum 850.010 Conductor Casing - 13-3/8" $32,219

850.015 Surface Casing - 9-5/8" $200,000

850.120 Intermediate Casing - 7" $321,716

850.145 Wellhead Equipment $59,926

850.150 Float equipment, Centralizers & DVT $4,367

850.275 Tangible Contingency $562,114

860.030 Production Casing - 4-1/2"

860.035 Liner Hanger - 4-1/2"

Total Tangible $1,180,341Total Costs $26,292 $7,111,297

WellEz Information Management Ver4.21.14bg

Page 236: Well Name Daily Drilling Report

Daily Drilling ReportWell Name UTL 28-17-1H

Report Date 01/19/2015

Field University Lands Supervisor Jeff Staples Report No. 105Location Supervisor 2 DFS 97County Ward Rig Phone (432) 614-2013 Spud Date 10/14/2014Rig Name 104 Rig Email [email protected] AFE $6,178,695.00

KB 22.5 Daily Footage Daily Cost $26,292.00

Depth (MD) 21,340 TVD at Bit 11,516 Cum. Cost $7,137,588.67

Estimated TD 21,100

Casing Data

Type Size Weight Grade Connection Top Bottom Shoe TestSurface 13-3/8 48.0 J55 8 Rnd STC 15' 919' 10 ppgIntermediate 9-5/8 40.0 J-55 LTC 15' 7,160'Intermediate 7 29.0 P-110 LTC 15' 11,788'

Mud Properties Last Survey BHAType Brine Depth Inc Azi Component Length ID ODWeight 12.3 Drill Pipe 1405.54' 4.00FV 39PV 21 Drilling Parameters YP 14 Max WOB 24LCM (ppb) Max RPM 155Chlorides 138000 Max Torque% Solids 16 Max PullDaily Losses Bkgrnd GasTotal Losses Max Gas

Cnx GasTrip Gas

Total Length: 1405.54

Bit InfoBit # Size Make Type S/N Jets In Out Footage Hrs ROP Grade

-------

-------

-------

-------

Activity Summary (6:00am - 6:00am)From To Hours P / U Summary

06:00 08:00 2.00 Planned

Finish tripping in hole with overshot assemblyF/ 8,800' - 10,610'Break circulation on last stand and get all neutral parameters165K Rotating WT, 160K Slack Off, 1150 psi @ 200GPM- 1300ftlbs torque @ 10 RPM

08:00 12:00 4.00 Planned

Jarring on fish number 2Slacking off from neutral (165K) to 145K to set jars, Pull to 250K jarring for 10 cycles and straight over pull to 300K repeat process-every hour jarring shut down perform derrick inspection

Circulating at 200 gpm

12:00 12:30 0.50 Planned Rig Service

12:30 14:30 2.00 Planned

Jarring on fish number 2Slacking off from neutral (165K) to 145K to set jars, Pull to 250K jarring for 10 cycles and straight over pull to 275K repeat process increasing over pull by 10k each cycle max pull was 325Kevery hour jarring shut down perform derrick inspection

14:30 18:00 3.50 Planned

Circulate marker sweep to determine if circulation through the fish down to 13,488 or the top @ 10,610, determined circulation @ 10,610Displace 12.3ppg with 9.6ppg from 10,610' to surface to reduce hydrostatic pressure

18:00 19:00 1.00 Planned

Jarring on fish number 2Slacking off from neutral (165K) to 145K to set jars, Pull to 250K jarring for 10 cycles and straight over pull to 300K repeat process increasing over pull by 10k each cycle max pull was 380KFish broke free

19:00 20:30 1.50 PlannedTrip out hole wet with fish F/13,488' - T/11,780'

20:30 23:30 3.00 Planned Break circulation and Displace 9.6ppg with 12.4ppg to surface and pump a slug

23:30 02:00 2.50 Planned Trip out hole to the Fish lay down overshot assembly and first joint of casing

02:00 06:00 4.00 Planned Rig up laydown truck and casing crew and lay down remaining liner

Total Hours: 24

24 Hour Activity Summary:trip in hole with jarring assembly #3, latch onto fish, jarring ops, displace 9.6 brine in vertical, jarring ops until fish came free, displace 12.4 trip out hole laying down stuck liner

24 Hour Plan Forward:finish laying down liner, make up bit and trip in hole to wash and ream/circulate and condition mud

Safety FuelLast BOP Test 12/17/2014 Last BOP Drill 12/17/2014 Last Function Test 12/17/2014 Diesel Used 1,097 Diesel Recvd Diesel on Loc 1,782

Page 237: Well Name Daily Drilling Report

Daily Cost Report

Well Name: UTL 28-17-1H

Report Date: 01/19/2015

Daily Cost $26,292

Intangible Costs

Code Description Comments Daily Cum 830.010 Permits, Licenses, ect $3,000

830.020 Staking & Surveying $5,000

830.030 Road, Locations $92,489

830.035 Mobilization/Demobilization $172,500

830.040 Daywork Contract Basin 104 18.5K- $18,500 $1,771,259

830.050 Mouse/Rathole/Conduct Pipe $28,300

830.055 Directional Drilling & Survey Day rate Newsco - Last Billing Day 1-13-15 $1,083,073

830.060 Bits, Tools, Stabalizers $463,131

830.065 Fuel, Power $406,725

830.070 Equipment Rental $3,245 $456,264

830.071 Hot Shot Trucking transport grapple and over shot extensions $647 $39,390

830.075 Mud & Chemicals $332,265

830.080 Mud Logging $1225/day Geo $1500/ crown/ Rigged Down 1/12/14 $114,535

830.090 Core Analysis

830.095 Openhole Logging

830.100 Cement Services $229,364

830.110 Casing Crew & Equipment $103,210

830.120 Contract Labor $100,197

830.160 Fishing Services $24,207

830.165 Drill Water $63,039

830.175 Supervision Jeff Staples $3,900 $424,300

830.185 Insurance $35,000

830.190 Legal $10,000

830.195 P&A/TA Costs

840.100 Cement Services (4-1/2" Liner)

Total Intangible $26,292 $5,957,247Tangible Costs

Code Description Comments Daily Cum 850.010 Conductor Casing - 13-3/8" $32,219

850.015 Surface Casing - 9-5/8" $200,000

850.120 Intermediate Casing - 7" $321,716

850.145 Wellhead Equipment $59,926

850.150 Float equipment, Centralizers & DVT $4,367

850.275 Tangible Contingency $562,114

860.030 Production Casing - 4-1/2"

860.035 Liner Hanger - 4-1/2"

Total Tangible $1,180,341Total Costs $26,292 $7,137,589

WellEz Information Management Ver4.21.14bg

Page 238: Well Name Daily Drilling Report

Daily Drilling ReportWell Name UTL 28-17-1H

Report Date 01/20/2015

Field University Lands Supervisor Jeff Staples Report No. 106Location Supervisor 2 DFS 98County Ward Rig Phone (432) 614-2013 Spud Date 10/14/2014Rig Name 104 Rig Email [email protected] AFE $6,178,695.00

KB 22.5 Daily Footage Daily Cost $110,644.69

Depth (MD) 21,340 TVD at Bit 11,516 Cum. Cost $7,248,233.36

Estimated TD 21,100

Casing Data

Type Size Weight Grade Connection Top Bottom Shoe TestSurface 13-3/8 48.0 J55 8 Rnd STC 15' 919' 10 ppgIntermediate 9-5/8 40.0 J-55 LTC 15' 7,160'Intermediate 7 29.0 P-110 LTC 15' 11,788'

Mud Properties Last Survey BHAType Brine Depth Inc Azi Component Length ID ODWeight 11.8 Drill Bit 1.00' 6.13FV 38 Sub 3.55' 2.25 5.25PV 21 Drilling Parameters YP 14 Max WOB 24LCM (ppb) Max RPM 155Chlorides 138000 Max Torque% Solids 16 Max PullDaily Losses Bkgrnd GasTotal Losses Max Gas

Cnx GasTrip Gas

Total Length: 4.55

Bit InfoBit # Size Make Type S/N Jets In Out Footage Hrs ROP Grade24 6.125 NOV RH30P D202227 3X20 19,621' -------

-------

-------

-------

Activity Summary (6:00am - 6:00am)From To Hours P / U Summary06:00 08:30 2.50 Planned Lay down the remaining 4.5" liner

08:30 09:00 0.50 Planned Rig Service

09:00 19:30 10.50 PlannedMake up bit/bit sub and pick up 4" drill pipe strapping in the holeF/surface - T/7,439'

19:30 20:30 1.00 Planned Rig down lay down truck

20:30 03:00 6.50 PlannedContinue trip in hole to 19,621'Install Rotating head @11,732'

03:00 06:00 3.00 Planned

Circulate and condition MudWorking pipe RPM=80GPM=250Torque= 6,500Stand pipe pressure= 2995 psiHook load=175K Rotating / 205 pick up / 165 slack offMud wt 11.8ppg 38 vis in - 11.7ppg 38 vis out

Total Hours: 24

24 Hour Activity Summary:Finish laying down liner, Rig Service, Pick up 4" DP With lay down truck F/ Surface T/7439', Rig Down Lay down truck, Contrinue tripping stands in hole to 19,621', Condition and Circulate

24 Hour Plan Forward:Condition and Circulate, Rig Up teravita solids control to cut solids out of mud

Safety FuelLast BOP Test 12/17/2014 Last BOP Drill 12/17/2014 Last Function Test 12/17/2014 Diesel Used 842 Diesel Recvd 3,496 Diesel on Loc 4,436

Page 239: Well Name Daily Drilling Report

Daily Cost Report

Well Name: UTL 28-17-1H

Report Date: 01/20/2015

Daily Cost $110,645

Intangible Costs

Code Description Comments Daily Cum 830.010 Permits, Licenses, ect $3,000

830.020 Staking & Surveying $5,000

830.030 Road, Locations $92,489

830.035 Mobilization/Demobilization $172,500

830.040 Daywork Contract Basin 104 18.5K- $18,500 $1,789,759

830.050 Mouse/Rathole/Conduct Pipe $28,300

830.055 Directional Drilling & Survey Day rate Newsco - Last Billing Day 1-13-15 $1,083,073

830.060 Bits, Tools, Stabalizers $463,131

830.065 Fuel, Power Rig Fuel $6,923 $413,648

830.070 Equipment Rental $3,245 $459,509

830.071 Hot Shot Trucking $39,390

830.075 Mud & Chemicals $332,265

830.080 Mud Logging $1225/day Geo $1500/ crown/ Rigged Down 1/12/14 $114,535

830.090 Core Analysis

830.095 Openhole Logging

830.100 Cement Services $229,364

830.110 Casing Crew & Equipment $103,210

830.120 Contract Labor $100,197

830.160 Fishing Services Dialog Wire Line, Weatherford fishing for liner $77,367 $101,574

830.165 Drill Water SKT water for day tank and camp $710 $63,749

830.175 Supervision Jeff Staples/ Nate Baxter Travel $3,900 $428,200

830.185 Insurance $35,000

830.190 Legal $10,000

830.195 P&A/TA Costs

840.100 Cement Services (4-1/2" Liner)

Total Intangible $110,645 $6,067,892Tangible Costs

Code Description Comments Daily Cum 850.010 Conductor Casing - 13-3/8" $32,219

850.015 Surface Casing - 9-5/8" $200,000

850.120 Intermediate Casing - 7" $321,716

850.145 Wellhead Equipment $59,926

850.150 Float equipment, Centralizers & DVT $4,367

850.275 Tangible Contingency $562,114

860.030 Production Casing - 4-1/2"

860.035 Liner Hanger - 4-1/2"

Total Tangible $1,180,341Total Costs $110,645 $7,248,233

WellEz Information Management Ver4.21.14bg

Page 240: Well Name Daily Drilling Report

Daily Drilling ReportWell Name UTL 28-17-1H

Report Date 01/21/2015

Field University Lands Supervisor Nate Baxter Report No. 107Location Supervisor 2 DFS 99County Ward Rig Phone (432) 614-2013 Spud Date 10/14/2014Rig Name 104 Rig Email [email protected] AFE $6,178,695.00

KB 22.5 Daily Footage Daily Cost $35,922.00

Depth (MD) 21,340 TVD at Bit 11,516 Cum. Cost $7,284,155.36

Estimated TD 21,100

Casing Data

Type Size Weight Grade Connection Top Bottom Shoe TestSurface 13-3/8 48.0 J55 8 Rnd STC 15' 919' 10 ppgIntermediate 9-5/8 40.0 J-55 LTC 15' 7,160'Intermediate 7 29.0 P-110 LTC 15' 11,788'

Mud Properties Last Survey BHAType Brine Depth Inc Azi Component Length ID ODWeight 11.5 Drill Bit 1.00' 6.13FV 38 Sub 3.55' 2.25 5.25PV 15 Drilling Parameters YP 13 Max WOB 24LCM (ppb) Max RPM 155Chlorides 118000 Max Torque% Solids 9.3 Max PullDaily Losses Bkgrnd GasTotal Losses Max Gas

Cnx GasTrip Gas

Total Length: 4.55

Bit InfoBit # Size Make Type S/N Jets In Out Footage Hrs ROP Grade24 6.125 NOV RH30P D202227 3X20 19,621' 19,621' 25.0 -------

-------

-------

-------

Activity Summary (6:00am - 6:00am)From To Hours P / U Summary

06:00 04:00 22.00 Planned

Circulate and condition MudWorking pipe RPM=80GPM=250Torque= 6,500Stand pipe pressure= 2685 psiHook load=175K Rotating / 205 pick up / 165 slack offMud wt 11.5 ppg 38 vis in - 11.5 ppg 38 vis outR/U Terevitta Center fuse and operating @ 19:30 HRS (8hrs total)Reduced LGS F/ 12 - T/ 9 % 9 W/L Flow Check well-StaticPerform dry pull - SlickSpot 6% Lube Pill F/19,600' - T/15,600' (4,000')Pump dry job and prepare to trip out hole.

04:00 06:00 2.00 Planned

TOOH to run 4 1/2" Production LinerRacking back stands in Mast.F/19,621' - T/16,895' Slick Hole Achieved proper fill

Total Hours: 24

24 Hour Activity Summary:Clean Hole and Condition Mud. R/U & Run centurfuse. Reduce LGS. Spot Lube Pill. TOOH to run 4 1/2" Production Liner

24 Hour Plan Forward:Clean Hole and Condition Mud

Safety FuelLast BOP Test 12/17/2014 Last BOP Drill 12/17/2014 Last Function Test 12/17/2014 Diesel Used 905 Diesel Recvd Diesel on Loc 3,531

Page 241: Well Name Daily Drilling Report

Daily Cost Report

Well Name: UTL 28-17-1H

Report Date: 01/21/2015

Daily Cost $35,922

Intangible Costs

Code Description Comments Daily Cum 830.010 Permits, Licenses, ect $3,000

830.020 Staking & Surveying $5,000

830.030 Road, Locations $92,489

830.035 Mobilization/Demobilization $172,500

830.040 Daywork Contract Basin 104 18.5K- $18,500 $1,808,259

830.050 Mouse/Rathole/Conduct Pipe $28,300

830.055 Directional Drilling & Survey Day rate Newsco - Last Billing Day 1-13-15 $1,083,073

830.060 Bits, Tools, Stabalizers Bit #24 NOV $7,695 $470,826

830.065 Fuel, Power $413,648

830.070 Equipment Rental $3,245 $462,754

830.071 Hot Shot Trucking $39,390

830.075 Mud & Chemicals $2,282 $334,547

830.080 Mud Logging $1225/day Geo $1500/ crown/ Rigged Down 1/12/14 $114,535

830.090 Core Analysis

830.095 Openhole Logging

830.100 Cement Services $229,364

830.110 Casing Crew & Equipment $103,210

830.120 Contract Labor CWS $300 $100,497

830.160 Fishing Services $101,574

830.165 Drill Water $63,749

830.175 Supervision $3,900 $432,100

830.185 Insurance $35,000

830.190 Legal $10,000

830.195 P&A/TA Costs

840.100 Cement Services (4-1/2" Liner)

Total Intangible $35,922 $6,103,814Tangible Costs

Code Description Comments Daily Cum 850.010 Conductor Casing - 13-3/8" $32,219

850.015 Surface Casing - 9-5/8" $200,000

850.120 Intermediate Casing - 7" $321,716

850.145 Wellhead Equipment $59,926

850.150 Float equipment, Centralizers & DVT $4,367

850.275 Tangible Contingency $562,114

860.030 Production Casing - 4-1/2"

860.035 Liner Hanger - 4-1/2"

Total Tangible $1,180,341Total Costs $35,922 $7,284,155

WellEz Information Management Ver4.21.14bg

Page 242: Well Name Daily Drilling Report

Daily Drilling ReportWell Name UTL 28-17-1H

Report Date 01/22/2015

Field University Lands Supervisor Nate Baxter Report No. 108Location Supervisor 2 DFS 100County Ward Rig Phone (432) 614-2013 Spud Date 10/14/2014Rig Name 104 Rig Email [email protected] AFE $6,178,695.00

KB 22.5 Daily Footage Daily Cost $86,671.00

Depth (MD) 21,340 TVD at Bit 11,516 Cum. Cost $7,779,525.36

Estimated TD 21,100

Casing Data

Type Size Weight Grade Connection Top Bottom Shoe TestSurface 13-3/8 48.0 J55 8 Rnd STC 15' 919' 10 ppgIntermediate 9-5/8 40.0 J-55 LTC 15' 7,160'Intermediate 7 29.0 P-110 LTC 15' 11,788'

Mud Properties Last Survey BHAType Brine Depth Inc Azi Component Length ID ODWeight 11.5FV 38PV 15 Drilling Parameters YP 13 Max WOB 24LCM (ppb) Max RPM 155Chlorides 118000 Max Torque% Solids 9.3 Max PullDaily Losses Bkgrnd GasTotal Losses Max Gas

Cnx GasTrip Gas

Total Length:

Bit InfoBit # Size Make Type S/N Jets In Out Footage Hrs ROP Grade

-------

-------

-------

-------

Activity Summary (6:00am - 6:00am)From To Hours P / U Summary

06:00 13:00 7.00 Planned

TOOH to run 4 1/2" Production LinerRacking back stands in Mast.F/16,895' - T/11,788' (Casing Shoe)Flow check well.- Static Remove rotating headF/11,788' - T/SurfaceL/D Bit and Bit Sub. Bit - (Green)Slick Hole Achieved proper fill

13:00 01:30 12.50 Planned

PJSM W/ Casing Specialty'sR/U Casing Equipment (Conventional) (1.5 hr R/U)Run 4 1/2" 13.5# TenarisXP BTC P110-IC as followsPerformed running 10 joint average on M/U torque and achieved recommended M/U torque 7.55 KFT-LBS to properly make connection.Shoe1-Casing JointFloat collar1-Casing JointLanding Collar255 - Casing JointsHangerPackerRunning tools.F/Surface - T/10,809'(NPT Casing Specialty 1hr for running L/D truck out fuel and hard time priming back up)R/D Casing Specialty Casing Equipment

01:30 06:00 4.50 Planned

Trip 4 1/2" Production liner in hole Install Rotating head15 Stands JPE 4 1/2" HWDP (Slim Hole)4" DPF/10,809' - T/16,309'

Total Hours: 24

24 Hour Activity Summary:TOOH racking back DP in Mast. P/U and Run 5 1/2 Production liner T/16,309'

Page 243: Well Name Daily Drilling Report

24 Hour Plan Forward:Run 5 1/2" Production Liner

Safety FuelLast BOP Test 12/17/2014 Last BOP Drill 12/17/2014 Last Function Test 12/17/2014 Diesel Used 1,516 Diesel Recvd Diesel on Loc 2,015

Page 244: Well Name Daily Drilling Report

Daily Cost Report

Well Name: UTL 28-17-1H

Report Date: 01/22/2015

Daily Cost $86,671

Intangible Costs

Code Description Comments Daily Cum 830.010 Permits, Licenses, ect $3,000

830.020 Staking & Surveying $5,000

830.030 Road, Locations $119,356

830.035 Mobilization/Demobilization $202,500

830.040 Daywork Contract Basin 104 18.5K- $18,500 $1,874,904

830.050 Mouse/Rathole/Conduct Pipe $28,300

830.055 Directional Drilling & Survey Day rate Newsco - Last Billing Day 1-13-15 $1,083,073

830.060 Bits, Tools, Stabalizers $470,826

830.065 Fuel, Power $413,648

830.070 Equipment Rental $63,425 $526,179

830.071 Hot Shot Trucking $60,543

830.075 Mud & Chemicals $334,547

830.080 Mud Logging $1225/day Geo $1500/ crown/ Rigged Down 1/12/14 $114,535

830.090 Core Analysis

830.095 Openhole Logging

830.100 Cement Services $229,364

830.110 Casing Crew & Equipment Halliburton $846 $125,970

830.120 Contract Labor $120,926

830.160 Fishing Services $233,530

830.165 Drill Water $63,749

830.175 Supervision $3,900 $522,162

830.185 Insurance $35,000

830.190 Legal $10,000

830.195 P&A/TA Costs

840.100 Cement Services (4-1/2" Liner)

Total Intangible $86,671 $6,577,111Tangible Costs

Code Description Comments Daily Cum 850.010 Conductor Casing - 13-3/8" $33,519

850.015 Surface Casing - 9-5/8" $200,000

850.120 Intermediate Casing - 7" $342,089

850.145 Wellhead Equipment $60,326

850.150 Float equipment, Centralizers & DVT $4,367

850.275 Tangible Contingency $562,114

860.030 Production Casing - 4-1/2"

860.035 Liner Hanger - 4-1/2"

Total Tangible $1,202,414Total Costs $86,671 $7,779,525

WellEz Information Management Ver4.21.14bg

Page 245: Well Name Daily Drilling Report

Daily Drilling ReportWell Name UTL 28-17-1H

Report Date 01/23/2015

Field University Lands Supervisor Nate Baxter Report No. 109Location Supervisor 2 DFS 101County Ward Rig Phone (432) 614-2013 Spud Date 10/14/2014Rig Name 104 Rig Email [email protected] AFE $6,178,695.00

KB 22.5 Daily Footage Daily Cost $409,788.74

Depth (MD) 21,340 TVD at Bit 11,516 Cum. Cost $8,212,701.10

Estimated TD 21,100

Casing Data

Type Size Weight Grade Connection Top Bottom Shoe TestSurface 13-3/8 48.0 J55 8 Rnd STC 15' 919' 10 ppgIntermediate 9-5/8 40.0 J-55 LTC 15' 7,160'Intermediate 7 29.0 P-110 LTC 15' 11,788'

Mud Properties Last Survey BHAType Brine Depth Inc Azi Component Length ID ODWeight 11.5FV 38PV 15 Drilling Parameters YP 13 Max WOB 24LCM (ppb) Max RPM 155Chlorides 118000 Max Torque% Solids 9.3 Max PullDaily Losses Bkgrnd GasTotal Losses Max Gas

Cnx GasTrip Gas

Total Length:

Bit InfoBit # Size Make Type S/N Jets In Out Footage Hrs ROP Grade

-------

-------

-------

-------

Activity Summary (6:00am - 6:00am)From To Hours P / U Summary

06:00 11:00 5.00 Planned

Trip 4 1/2" Production liner in hole F/16,309'- T/ Liner Set point @ 21,340'Tagged Bottom with liner and verified pipe tally and TD correct. P/U-240K S/O-160KLiner went straight to bottom slick. No rotation or pumps needed.Filled pipe every 20 stndsAchieved calculated displacement.

11:00 21:30 10.50 Planned

Clean Hole and condition Mud. Wait On BJ Cementers to arrive on location.BJ cementers shut down to bad weather and road conditions.Call out time was 12 hrs advance for cementers to be on location @ 10 am.Cementers on location @ 15:00hrsPre-Rig cementers waiting on cement additive to arrive on location.S-22 (Soap/surfactant for spacer arrived 16:00hrs) Barite for weighted gel spacer arrived 20:00HrsUnable to batch gel spacer due to frozen drums Surfactant. Thaw out Surfactant and batch up spacer.Prepare to cement 4 1/2" production casing. Hold pre job safety Meeting with BJ cementers.R/U Swivel Side port Cement Head with ball launcher and plug seat.Prime truck and load lines.Pressure test Cement equip 9000 psi

21:30 01:00 3.50 Planned

Drop ball and pump down with Baker Cement unit to set Hanger. (1,300 psi)Push test and verified hanger set.TOL @ 10,530'TOLC @ 21,246'TOFC @ 21,288'Shoe set @ 21,330'Hanger set with 200K-lbs hook loadDrop Ball 2 and pump down to release from liner top Ball seat and release @ 1500psiVerified release from liner. Swallow liner and prepare to cement

01:00 05:30 4.50 Planned

Cement 4 1/2" production linerPump 30bbl weighted flush spacer 12.5#Mix and pump 771SX (197bbls) 13.5# Class C Cement.Wash up lines to pit. Drop plug and displace Cement W/ 170 bbls 8.3 # Fresh water followed by 100 BBLS 11.5# brine mudBumped Plug 500psi over. Floats held with 2 bbl back.Final lift PSI 1900psi @ 2bpm.

05:30 06:00 0.50 PlannedSet Packer.Roll hole with 11.5 # Brine mud.

Page 246: Well Name Daily Drilling Report

Total Hours: 24

24 Hour Activity Summary:Run 4 1/2" Production Liner. Wait on Cement and weather. Cement Liner.

24 Hour Plan Forward:Run and cement 4 1/2" Production Liner

Safety FuelLast BOP Test 12/17/2014 Last BOP Drill 12/17/2014 Last Function Test 12/17/2014 Diesel Used Diesel Recvd Diesel on Loc 2,015

Page 247: Well Name Daily Drilling Report

Daily Cost Report

Well Name: UTL 28-17-1H

Report Date: 01/23/2015

Daily Cost $314,789

Intangible Costs

Code Description Comments Daily Cum 830.010 Permits, Licenses, ect $3,000

830.020 Staking & Surveying $5,000

830.030 Road, Locations $119,356

830.035 Mobilization/Demobilization $202,500

830.040 Daywork Contract Basin 104 18.5K- $18,500 $1,893,404

830.050 Mouse/Rathole/Conduct Pipe $28,300

830.055 Directional Drilling & Survey Day rate Newsco - Last Billing Day 1-13-15 $1,083,073

830.060 Bits, Tools, Stabalizers $470,826

830.065 Fuel, Power $13,910 $427,558

830.070 Equipment Rental $3,245 $529,424

830.071 Hot Shot Trucking $60,543

830.075 Mud & Chemicals Cost current to date 1/22/15 $14,543 $349,090

830.080 Mud Logging $1225/day Geo $1500/ crown/ Rigged Down 1/12/14 $114,535

830.090 Core Analysis

830.095 Openhole Logging

830.100 Cement Services $229,364

830.110 Casing Crew & Equipment $149,357

830.120 Contract Labor $120,926

830.160 Fishing Services $233,530

830.165 Drill Water $63,749

830.175 Supervision $3,900 $526,062

830.185 Insurance $35,000

830.190 Legal $10,000

830.195 P&A/TA Costs

840.100 Cement Services (4-1/2" Liner) Placeholder $95,000 $95,000

Total Intangible $54,098 $6,654,596Tangible Costs

Code Description Comments Daily Cum 850.010 Conductor Casing - 13-3/8" $33,519

850.015 Surface Casing - 9-5/8" $200,000

850.120 Intermediate Casing - 7" $342,089

850.145 Wellhead Equipment $60,326

850.150 Float equipment, Centralizers & DVT $4,367

850.275 Tangible Contingency $562,114

860.030 Production Casing - 4-1/2" $160,691 $160,691

860.035 Liner Hanger - 4-1/2" $100,000 $100,000

Total Tangible $260,691 $1,463,105Total Costs $314,789 $8,117,701

WellEz Information Management Ver4.21.14bg

Page 248: Well Name Daily Drilling Report

Daily Drilling ReportWell Name UTL 28-17-1H

Report Date 01/24/2015

Field University Lands Supervisor Nate Baxter Report No. 110Location Supervisor 2 DFS 102County Ward Rig Phone (432) 614-2013 Spud Date 10/14/2014Rig Name 104 Rig Email [email protected] AFE $6,178,695.00

KB 22.5 Daily Footage Daily Cost $27,691.00

Depth (MD) 21,340 TVD at Bit 11,516 Cum. Cost $8,325,104.10

Estimated TD 21,100

Casing Data

Type Size Weight Grade Connection Top Bottom Shoe TestSurface 13-3/8 48.0 J55 8 Rnd STC 15' 919' 10 ppgIntermediate 9-5/8 40.0 J-55 LTC 15' 7,160'Intermediate 7 29.0 P-110 LTC 15' 11,788'

Mud Properties Last Survey BHAType Brine Depth Inc Azi Component Length ID ODWeight 11.5FV 38PV 15 Drilling Parameters YP 13 Max WOB 24LCM (ppb) Max RPM 155Chlorides 118000 Max Torque% Solids 9.3 Max PullDaily Losses Bkgrnd GasTotal Losses Max Gas

Cnx GasTrip Gas

Total Length:

Bit InfoBit # Size Make Type S/N Jets In Out Footage Hrs ROP Grade

-------

-------

-------

-------

Activity Summary (6:00am - 6:00am)From To Hours P / U Summary

06:00 22:00 16.00 Planned

L/D pipe from atop liner.291 joints DP45 Joints HWDPLiner running tools.Surface inspection of liner running tools indicates all is well atop liner and everything working in design.R/D L/D truck to free up space on floor and trip stands in hole to l/dTransferred 1000 bbls mud to frac tanks for storage and re-use on next wellCleaning pits

22:00 02:00 4.00 PlannedTrip 97 Stands Drill pipe in hole from mast.R/U L/D truck

02:00 06:00 4.00 PlannedL/D 4" DP187 joints

Total Hours: 24

24 Hour Activity Summary:L/D 4" DP

24 Hour Plan Forward:L/D 21,000' of 4" DP

Safety FuelLast BOP Test 12/17/2014 Last BOP Drill 12/17/2014 Last Function Test 12/17/2014 Diesel Used Diesel Recvd Diesel on Loc 7,931

Page 249: Well Name Daily Drilling Report

Daily Cost Report

Well Name: UTL 28-17-1H

Report Date: 01/24/2015

Daily Cost $27,691

Intangible Costs

Code Description Comments Daily Cum 830.010 Permits, Licenses, ect $3,000

830.020 Staking & Surveying $5,000

830.030 Road, Locations $119,356

830.035 Mobilization/Demobilization $202,500

830.040 Daywork Contract Basin 104 18.5K- $18,500 $1,911,904

830.050 Mouse/Rathole/Conduct Pipe $28,300

830.055 Directional Drilling & Survey Day rate Newsco - Last Billing Day 1-13-15 $1,083,073

830.060 Bits, Tools, Stabalizers $470,826

830.065 Fuel, Power $427,558

830.070 Equipment Rental $1,131 $530,555

830.071 Hot Shot Trucking $60,543

830.075 Mud & Chemicals $349,090

830.080 Mud Logging $1225/day Geo $1500/ crown/ Rigged Down 1/12/14 $114,535

830.090 Core Analysis

830.095 Openhole Logging

830.100 Cement Services $229,364

830.110 Casing Crew & Equipment $208,763

830.120 Contract Labor $120,926

830.160 Fishing Services $233,530

830.165 Drill Water skt transfer 100bls mud for storage $4,160 $75,549

830.175 Supervision $3,900 $529,962

830.185 Insurance $35,000

830.190 Legal $10,000

830.195 P&A/TA Costs

840.100 Cement Services (4-1/2" Liner) $95,000

Total Intangible $27,691 $6,749,333Tangible Costs

Code Description Comments Daily Cum 850.010 Conductor Casing - 13-3/8" $33,519

850.015 Surface Casing - 9-5/8" $200,000

850.120 Intermediate Casing - 7" $342,089

850.145 Wellhead Equipment $60,326

850.150 Float equipment, Centralizers & DVT $4,367

850.275 Tangible Contingency $562,114

860.030 Production Casing - 4-1/2" $160,691

860.035 Liner Hanger - 4-1/2" $117,666

Total Tangible $1,480,771Total Costs $27,691 $8,230,104

WellEz Information Management Ver4.21.14bg

Page 250: Well Name Daily Drilling Report

Daily Drilling ReportWell Name UTL 28-17-1H

Report Date 01/25/2015

Field University Lands Supervisor Nate Baxter Report No. 111Location Supervisor 2 DFS 103County Ward Rig Phone (432) 614-2013 Spud Date 10/14/2014Rig Name 104 Rig Email [email protected] AFE $6,178,695.00

KB 22.5 Daily Footage Daily Cost $39,313.00

Depth (MD) 21,340 TVD at Bit 11,516 Cum. Cost $8,364,417.10

Estimated TD 21,100

Casing Data

Type Size Weight Grade Connection Top Bottom Shoe TestSurface 13-3/8 48.0 J55 8 Rnd STC 15' 919' 10 ppgIntermediate 9-5/8 40.0 J-55 LTC 15' 7,160'Intermediate 7 29.0 P-110 LTC 15' 11,788'

Mud Properties Last Survey BHAType Brine Depth Inc Azi Component Length ID ODWeight 11.5FV 38PV 15 Drilling Parameters YP 13 Max WOB 24LCM (ppb) Max RPM 155Chlorides 118000 Max Torque% Solids 9.3 Max PullDaily Losses Bkgrnd GasTotal Losses Max Gas

Cnx GasTrip Gas

Total Length:

Bit InfoBit # Size Make Type S/N Jets In Out Footage Hrs ROP Grade

-------

-------

-------

-------

Activity Summary (6:00am - 6:00am)From To Hours P / U Summary

06:00 11:00 5.00 Planned

L/D 4" DP104 jointsR/D L/D machine(pits cleaned)

11:00 21:30 10.50 Planned

N/D BOPEInstall Tubing head.Pressure test 5000 psi 30min-goodRig released F/ UTL 28-17-1H 1/24/15 21:30 HRS

Total Hours: 15.5

24 Hour Activity Summary:Finish L/D 4" DP. N/D BOPE. Install tubing head. Release rig F/UTL 28-17-1H

24 Hour Plan Forward:Secure well. Release Basin Rig 104 F/ UTL 28-17-1H

Safety FuelLast BOP Test 12/17/2014 Last BOP Drill 12/17/2014 Last Function Test 12/17/2014 Diesel Used Diesel Recvd Diesel on Loc 7,931

Page 251: Well Name Daily Drilling Report

Daily Cost Report

Well Name: UTL 28-17-1H

Report Date: 01/25/2015

Daily Cost $39,313

Intangible Costs

Code Description Comments Daily Cum 830.010 Permits, Licenses, ect $3,000

830.020 Staking & Surveying $5,000

830.030 Road, Locations $119,356

830.035 Mobilization/Demobilization $202,500

830.040 Daywork Contract Basin 104 18.5K- $16,187 $1,928,091

830.050 Mouse/Rathole/Conduct Pipe $28,300

830.055 Directional Drilling & Survey Day rate Newsco - Last Billing Day 1-13-15 $1,083,073

830.060 Bits, Tools, Stabalizers $470,826

830.065 Fuel, Power $427,558

830.070 Equipment Rental $736 $531,291

830.071 Hot Shot Trucking $60,543

830.075 Mud & Chemicals $349,090

830.080 Mud Logging $1225/day Geo $1500/ crown/ Rigged Down 1/12/14 $114,535

830.090 Core Analysis

830.095 Openhole Logging

830.100 Cement Services $229,364

830.110 Casing Crew & Equipment Csg SPC L/D truck for DP $10,790 $219,553

830.120 Contract Labor Man Wldng. N/D crew $5,035 $125,961

830.160 Fishing Services $233,530

830.165 Drill Water Camp water SKT $480 $76,029

830.175 Supervision $3,900 $533,862

830.185 Insurance $35,000

830.190 Legal $10,000

830.195 P&A/TA Costs

840.100 Cement Services (4-1/2" Liner) $95,000

Total Intangible $37,128 $6,786,461Tangible Costs

Code Description Comments Daily Cum 850.010 Conductor Casing - 13-3/8" $33,519

850.015 Surface Casing - 9-5/8" $200,000

850.120 Intermediate Casing - 7" $342,089

850.145 Wellhead Equipment Cameran Install tubing head and B section $2,185 $62,511

850.150 Float equipment, Centralizers & DVT $4,367

850.275 Tangible Contingency $562,114

860.030 Production Casing - 4-1/2" $160,691

860.035 Liner Hanger - 4-1/2" $117,666

Total Tangible $2,185 $1,482,956Total Costs $39,313 $8,269,417

WellEz Information Management Ver4.21.14bg