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Oxbow Mining LLC <br />Elk Creek Mine <br />Hole Number: GVB 15-04 Project ID.: Elk Creek Mine Gob Vent Boreholes <br />Lease Number: COC -61357 (State or Federal) Surface Owner: Hotchkiss <br />Date Commenced: 3 -Nov -09 Date Completed: 6 -Nov -09 <br />Contractor: Himes Drilling <br />Geologist: Doug Allen <br />Driller: Jim Weatherton <br />Sam Homedew <br />Coordinates: N. 15312.12 <br />Location: Township, Range & Section: <br />Ground Elevation: 7734' <br />Rig Type: Atlas Copco RD20 <br />Date : 13 -Nov -09 Toolpusher: Matt Himes <br />Truck Driver: Will Juusola Helper: Beau 0. <br />Tommy Dennis Shaun L. <br />E. 35666.54 <br />SE 1/4, Sec. 31, T. 12 S., R. 90 W. <br />Collar Elevation: <br />Geophysical Log Measured From: ground Elevation <br />Total Depth: 1775' Probe Depth: 1777' Fluid Level: 600' <br />Casing Type: steel T&C Size: 9 5/8" <br />Casing Type: sol/slot steel T&C Size: 7" <br />Depth: 0-1652 Recovered (Y or N): N <br />Depth: 1564-1742' Recovered (Y or N): N <br />Bit Information <br />Surface Casing 16" Tricone to 20' (14" surface casing) <br />Main Hole 121/4" PDC from 20-1652' <br />Core: <br />Bottom Hole 8 /4" Tricone from 1652-1775' <br />Footage Plugged: 0-1775' Cored: NA <br />Drilling Medium: Air: Foam /Water: Mud: Foam Injection: <br />Depths: 0-410' 410-1775' <br />Lost Circulation Depths: NA Regained ? (Y or N): <br />Water Invasion Depth or Intervals: 410' Estimated Inflow Rates: 25 gpm <br />Gas Invasion Depth or Interval: NA <br />Geophysical Logging Contractor: Jetwest Geophysical <br />Logs Run: Gamma: <br />Neutron: <br />Temperature: Density: Y <br />Resistivity: Y Caliper: Y <br />Other (SP, Foc. Elec., Drift, Dep., Sonic): cement dump bailer <br />Hole Cemented (Y or N ), Type: N No. of Bags: <br />Interval: <br />Coal Core Sent To: NA <br />Comments: 7" casing overlaps 88' inside 9 5/8" <br />9 5/8" annulus cemented with 30 bags plus 8 vds neat cE <br />Rock Sent To: NA <br />9 5/8" casing abandoned to surface with 39 cubic yards portland type II cement October, 2010 <br />Himes Drilling Colorado water well license #1285 <br />