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Oxbow Mining LLC <br />Elk Creek Mine <br />Hole Number: GVB 17-08C Project ID.: Elk Creek Mine Gob Vent Boreholes <br />Lease Number: COC -61357 (State or Federal) Surface Owner: USFS <br />Date Commenced: 8 -May -12 Date Completed: 13 -May -12 <br />Contractor: Himes Drilling Rig Type: Atlas Copco RD20 <br />Geologist: Doug Allen Date : <br />12 -Sep -12 <br />Toolpusher: Matt Himes <br />Driller: Mike Hibbard Truck Driver: <br />Brandon Yates <br />Helper: Chuck <br />Kirk Homedew <br />Richard Moores <br />Jimmy Lovato <br />Coordinates: N. 16919.44 E. <br />39177.39 <br />Location: Township, Range & Section: <br />SW 1/4, Sec. 32, T. 12 S., R. 90 W. <br />Ground Elevation: 8138' Collar Elevation: <br />Geophysical Log Measured From: ground <br />Elevation <br />Total Depth: 2401' Probe Depth: <br />NA <br />Fluid Level: NA <br />Casing Type: steel T&C <br />Size: <br />9 5/8" <br />Casing Type: sol/slot steel T&C <br />Size: <br />7" <br />Depth: 0-2214' Recovered (Y or N): <br />N <br />Depth: 2162.7-2318' Recovered (Y or N): <br />N <br />Bit Information <br />Surface Casing 17" Hammer to 40' (14" surface casing) <br />Main Hole 121/4" PDC from 40-2214' <br />Core: <br />Bottom Hole 8 3/4" PDC from 2214-2320" <br />Footage Plugged: 0-2320' Cored: NA <br />Drilling Medium: Air: Foam /Water: Mud: Foam Injection: <br />Depths: 0-40' 40-2320' <br />Lost Circulation Depths: NA Regained ? (Y or N): <br />Water Invasion Depth or Intervals: 500/700' Estimated Inflow Rates: 2515 gpm <br />Gas Invasion Depth or Interval: NA <br />Geophysical Logging Contractor: directional hole- no logging <br />Logs Run: Gamma: Neutron: <br />Temperature: Density: <br />Resistivity: Caliper: <br />Other (SP, Foc. Elec., Drift, Dep., Sonic): <br />Hole Cemented( Y or N ),Type: N No. of Bags: 7 yds for 9 5/8" annulus <br />Interval: to surface <br />Coal Core Sent To: NA Rock Sent To: NA <br />Comments: 7" casing overlaps 51.3' inside 9 5/8" casing. <br />122.4' slotted 7" casing below 32.9' solid 7" casing. Landed at 2318'. <br />Drilled directionally from 500-2162'. Bottom of 9 5/8" casing located 393.7' at azimuth 83.59 degrees, <br />9 5/8" casing abandoned to surface with 32 cubic yards portland cement slurry July, 2012. <br />Himes Drilling Colorado water well license #1285 <br />