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Calculations and Comments — M-1983-194 Bond Adjustment <br />Well Name <br />P&A Bonding to be Released <br />or Adjusted (in the case of <br />recompletion) <br />*Pad Reclamation <br />Bonding (no pad <br />constructed) <br />*Road Reclamation <br />Bonding (no road <br />constructed) <br />Bond Release Comment <br />94-1M $24,722.28 <br />h ts+ <br />IRI -3 0 <br />0 <br />0 <br />0 <br />0 <br />P&A'd 2012 DRMS incorrectly Included P&A Bond in 6/2/15 CIRCES <br />P&A'd Aug. 2015, DRMS Incorrectly removed P&A bonding from 6/2/15 CIRCES <br />IRI -MW -1 <br />0 <br />0 <br />0 <br />P&A'd Aug. 2015 DRMS Incorrectly removed P&A bonding from 6/2/15 CIRCES <br />IRI -PW -1 <br />0 <br />0 <br />0 <br />P&A'd Aug. 2015 DRMS Incorrectly removed P&A bonding from 6/2/15 CIRCES <br />IRI -PW -2 <br />0 <br />0 <br />0 <br />P&A'd Aug. 2015 DRMS Incorrectly removed P&A bonding from 6/2/15 CIRCES <br />CH -A <br />$22,53663 <br />0 <br />0 <br />P&A, 2014 <br />CH -B <br />$22,964.39 <br />$2,582.30 <br />$879.93 <br />Well not drilled, no pad or road construction <br />CH -C <br />$23,196.60 <br />0 <br />0 <br />P&A, 2014 <br />CH -D <br />$23,819.90 <br />0 <br />0 <br />P&A, 2014 <br />CH -E <br />$24,03989 <br />0 <br />0 <br />P&A, 2014 <br />CH -F <br />$23,624.35 <br />$2,43330 <br />$54239 <br />Well not drilled, no pad or road construction <br />CH -G <br />$24,589.86 <br />0 <br />0 <br />Well not drilled, but pad was constructed <br />CH -H <br />$24,235.43 <br />0 <br />0 <br />Well not drilled, but pad was constructed <br />CH -1 <br />$9,140.82 <br />0 <br />0 <br />Recom leted as GMW P&A Bonding Reduced by amount indicated in column B <br />CH -J <br />$12,952.14 <br />0 <br />0 <br />Recom leted as GMW P&A Bonding Reduced by amount indicated in column B <br />CH -K <br />$11,183.28 <br />0 <br />0 <br />Recom leted as GMW P&A Bonding Reduced by amount Indicated in column B <br />CH -L <br />$23,23326 <br />$3,226.63 <br />$54960 <br />Well not drilled no pad or road construction <br />CH -M <br />$8,016.13 <br />0 <br />0 <br />Recom leted as GMW, P&A Bonding Reduced by amount indicated In column B <br />DS -7 <br />$7,932.50 <br />0 <br />0 <br />Recom leted as GMW P&A Bonding Reduced by amount indicated In column B <br />CH -N <br />$22,719.95 <br />0 <br />0 <br />P&A, 2014 <br />WSW -5 GMW-A CH -0) <br />$6,271.75 <br />0 <br />0 <br />Recom leted as GMW P&A Bonding Reduced by amount indicated in column B <br />CH -P <br />$22,20665 <br />0 <br />0 <br />P&A 2014 <br />CH -Q <br />$22,438.86 <br />0 <br />0 <br />P&A, 2014, existing road was used and some new road was constructed <br />CH -R <br />$22,426.64 <br />0 <br />0 <br />P&A 2014 <br />CH -5 <br />$21,314.47 <br />$3,02823 <br />0 <br />Well not drilled no pad construction <br />CH -T <br />$21,253 36 <br />0 <br />0 <br />P&A 2014 <br />CH-. <br />$20,703.39 <br />0 <br />0 <br />P&A 2014 <br />Est. Direct Cost Reduction <br />$531,290.76 <br />$11,270.46 <br />$1,971.92 <br />Est. Direct Costs Bond Reduction (P&A, no build, or <br />recom tete <br />$499,297.55 <br />Summary of Bonding Increases <br />Well Name <br />P&A Bonding Increase <br />"Pad Reclamation <br />Bonding <br />"Road Reclamation <br />Bonding <br />Comment <br />IRI -2 <br />$4,856.16 <br />0 <br />0 <br />DRMS incorrectly removed this NS well from 6/2/15 CIRCES <br />IRI -9 <br />$13,75541 <br />0 <br />0 <br />DRMS incorrectly removed this NS well from 6/2/15 CIRCES <br />IRI -10 <br />$14165.66 <br />0 <br />0 <br />DRMS incorrectly removed this NS well from 6/2/15 CIRCES <br />IRI -11 <br />$12,468.36 <br />0 <br />0 <br />DRMS incorrectly removed this NS well from 6/2/15 CIRCES <br />15H Pad Ames' Road <br />0 <br />TR to be adjusted b DRMS, as necessaryadditional 0 29 acre disturbance <br />Est. Direct Cost Increase <br />$45,245.59 <br />$0.00 <br />$0.00 <br />Est. Direct Costs Bond Reduction (P&A, no build, or <br />recom tete <br />$499,297.55 <br />Est. indirect Cost (`28% of Direct Costs) <br />$139,800.51 <br />*"Approximate total bond reduction (2014 & 2015 P&A, <br />$639,088.07 <br />2014 no build, and CIRCES Corrections) <br />" Estimated amounts (not a CIRCES line Item) <br />""Note: The amount of the actual bond decrease will be calculated by DRMS (CIRCES) <br />Daub 8t Associates, Inc. Natural Soda LLC 2015 Bond Adjustment <br />