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Oxbow Mining LLC <br />Elk Creek Mine <br />Hole Number: GVB 19-03 Project ID.: Elk Creek Mine Exploration <br />Lease Number: COC -61357 (State or Federal) Surface Owner: Hotchkiss <br />Date Commenced: 12 -Aug -09 Date Completed: 8 -Sep -09 <br />Contractor: Himes Drilling Rig Type: Atlas Copco RD20/ CR -7 <br />Geologist: Doug Allen Date: <br />13 -Nov -09 <br />Toolpusher: Matt Himes <br />Driller: Jim Weatherton Truck Driver: <br />Shaun L. <br />Helper: Jared F. <br />Sam Homedew <br />Tommy Dennis <br />Will Juusola <br />Coordinates: N. 21418.65 E. <br />35285.96 <br />Location: Township, Range & Section: <br />NE 1/4, Sec. 31, T. 12 S., R. 90 W. <br />Ground Elevation: 8327' Collar Elevation: <br />Geophysical Log Measured From: ground <br />Elevation <br />Total Depth: 2635' Probe Depth: <br />2633' <br />Fluid Level: NA <br />Casing Type: steel <br />Size: <br />7" <br />Casing Type: steel T&C <br />Size: <br />41/2" <br />Depth: 0-22.5' Recovered (Y or N): <br />N <br />Depth: 0-2400' Recovered (Y or N): <br />N <br />Bit Information <br />Surface Casing 9 7/8" Tricone to 22.5' <br />Main Hole 61/4" Tricone from 22.5-2400' <br />Core: 3.830" from 2400-2635' <br />Bottom Hole <br />Footage Plugged: 0-2400' Cored: 2400-2635' <br />Drilling Medium: Air: Foam /Water: Mud: Foam Injection: <br />Depths: 0-30' 30-2400' <br />Lost Circulation Depths: NA Regained ? (Y or N): <br />Water Invasion Depth or Intervals: NA Estimated Inflow Rates: <br />Gas Invasion Depth or Interval: NA <br />Geophysical Logging Contractor: Jetwest Geophysical <br />Logs Run: Gamma: Y Neutron: <br />Temperature: Density: Y <br />Resistivity: Y Caliper: Y <br />Other (SP, Foc. Elec., Drift, Dep., Sonic): <br />Hole Cemented (Y or N ), Type: Y <br />No. of Bags: 600 gallons plug gel <br />Interval: cement 0-10' <br />Coal Core Sent To: SGS Rock Sent To: Agapito <br />Comments: Cored from 2672-2811.5' with air. Galen Homedew-Driller; Beau 0./ Sean V.- helpers. <br />Himes Drilling Colorado water well license #1285 <br />