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Oxbow Mining LLC <br />Elk Creek Mine <br />Hole Number: GVB 09-01 Project ID.: Elk Creek Mine Gob Vent Boreholes <br />Lease Number: COC -61357 (State or Federal) Surface Owner: USFS <br />Date Commenced: 27 -Nov -06 Date Completed: 10 -Feb -07 <br />Contractor: REI Drilling <br />Geologist: Doug Allen <br />Driller: Tim Fields <br />Rig Type: Fletcher <br />Date : 15 -Jan -08 <br />Truck Driver: Scott Copley <br />Toolpusher: <br />Helper: Duane <br />Paul <br />Coordinates: N. <br />17932.56 E. 23056.88 <br />Location: Township, <br />Range & Section: SW 1/4 Sec. 35, T.12S., R. 90W. <br />Ground Elevation: <br />6519' Collar Elevation: <br />Geophysical Log Measured From: Ground Elevation <br />Total Depth: <br />924' Probe Depth: NA Fluid Level: NA <br />Casing Type: <br />Sonic FJ Size: 6" <br />Casing Type: Sonic FJ, slotted Size: 4.5" <br />Depth: <br />6": 0-730' Recovered (Y or N): N <br />Depth: <br />4": 603-903' Recovered (Y or N): N <br />Bit Information <br />Density: <br />Surface Casing <br />13 3/4" Tricone for 10"x50' surface <br />Main Hole <br />3 3/4" PDC pilot reamed to 5 3/4", then reamed to 9 3/4", to 740' <br />Core: <br />NA <br />Bottom Hole <br />3 3/4" PDC pilot reamed to 5 3/4", to 904' <br />Footage Plugged: 924' Cored: <br />NA <br />Drilling Medium: Air: Foam/Water: <br />Mud: Foam Injection: <br />Depths: 0-924' <br />Lost Circulation Depths: 0-740' <br />Regained ? (Y or N): N <br />Water Invasion Depth or Intervals: 580 590' <br />Estimated Inflow Rates: 8-10 gpm <br />Gas Invasion Depth or Interval: NA <br />Geophysical Logging Contractor: NA <br />Logs Run: Gamma: <br />Neutron: <br />Temperature: <br />Density: <br />Resistivity: <br />Caliper: <br />Other (SP, Foc. Elec., Drift, Dep., Sonic): <br />Hole Cemented( Y or N ),Type: Y <br />No. of Bags: 17 yds ponland for annulus <br />Interval: see below <br />Coal Core Sent To: NA <br />Rock Sent To: NA <br />Comments: Directional hole launched over headgate of <br />panel 9. 4" slotted <br />casing sits @ 903', 15' above D2 seam @ 918'. <br />annulus at surface. Double volume of cement did not return to surface. Expandable <br />polyurethane resin and 6 sacks cement placed @ 50' to stabilize casina at surface. <br />6" casing abandoned to surface with 6 cubic yds. portland type 11 cement November, 2007 <br />