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Oxbow Mining LLC <br />Elk Creek Mine <br />Hole Number: GVB 16-05C Project ID.: Elk Creek Mine Gob Vent Boreholes <br />Lease Number: COC -61357 (State or Federal) Surface Owner: Hotchkiss <br />Date Commenced: 23 -Jan -11 Date Completed: 27 -Jan -11 <br />Contractor: Himes Drilling <br />Rig Type: Atlas Copco RD20 <br />Geologist: Doug Allen <br />Date : <br />3 -Feb -11 <br />Toolpusher: Matt Himes <br />Driller: Jim Weatherton <br />Truck Driver: <br />Kirk Homedew <br />Helper: Richard M. <br />Sam Homedew <br />Will Juusola <br />Trey H./Chad H. <br />Coordinates: N. 16324.30 <br />E. <br />36643.80 <br />Location: Township, Range & Section: <br />SE 1/4, Sec. 31, T. 12 S., R. 90 W. <br />Ground Elevation: 8094' <br />Collar Elevation: <br />Geophysical Log Measured From: <br />ground <br />Elevation <br />Total Depth: 2260' <br />Probe Depth: <br />NA <br />Fluid Level: NA <br />Casing Type: steel T&C <br />Size: <br />9 5/8" <br />Casing Type: <br />Size: <br />Depth: 0-1976' <br />Recovered (Y or N): <br />N <br />Depth: <br />Recovered (Y or N): <br />Bit Information <br />Surface Casing 16" Tricone to 42' <br />(14" surface casing) <br />Main Hole 121/4" PDC from <br />42-1976' <br />Core: <br />Bottom Hole 8 3/4" Tricone from 1976-2260' <br />Footage Plugged: 2260' Cored: NA <br />Drilling Medium: Air: Foam (Water: Mud: Foam Injection: <br />Depths: 0-130' 130-2260' <br />Lost Circulation Depths: NA Regained ? (Y or N): <br />Water Invasion Depth or Intervals: 130' Estimated Inflow Rates: 2 gpm <br />Gas Invasion Depth or Interval: NA <br />Geophysical Logging Contractor: Directional hole- no logging. <br />Logs Run: Gamma: <br />Temperature: <br />Resistivity: <br />Other (SP, Foc. Elec., Drift, Dep., Sonic): <br />Hole Cemented (Y or N ), Type: Y <br />Coal Core Sent To: NA <br />Neutron: <br />Density: <br />Caliper: <br />No. of Bags: 16 yds for 9 5/8" annulus <br />Interval: to surface <br />Rock Sent To: NA <br />Comments: No 7" casing- 8 3/4" hole left open. <br />Drilled directional from 290-1976'. Bottom of 9 5/8" casing located 369.02' at azimuth 89.22 degrees <br />9 5/8" casing abandoned to surface with 20 yds portland type II cement September, 2011 <br />Himes Drilling Colorado water well license #1285 <br />