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~~ <br />J <br />• <br />Bowie Resources, LLC <br />Proposed 2008 and 2090 GOB VENT HOLES <br />Reclamation Worksheet <br />Exploration Holes <br />12/19!2007 <br />Sealing Expense <br />Hole Variables <br />Number of Holes to be Sealed 2 Holes <br />Miles of Road to be Reclaimed 0.43 Miles <br />Rotary Hole Diameter 9.375 Inches <br />Rotary Footage 3,780 Feet <br />Cubic Foot of Hole per Sack of Cement 1 CF <br />Sealing Materials -Variables <br />Cement per Sack $ 8.25 <br />Bentonite per 3 cu.ft. Sack $ 6.00 <br />Plugs $ 145.24 <br />Hole Markers $ 3.56 <br />Sealing Materials -Volumes <br />Cement in Sacks 1,812 Each <br />Bentonite in Sacks Eaeh <br />Plugs 2 Each <br />Hole Markers 2 Each <br />Rig Expense <br />Rig Time to Pull Casing 2 <br />Rig Time to Seal Hole 6 Hours <br />Rig Time per hour Cost $ ~ 152.20 <br />Total Cost, Sealing Rig Cost $ 2,435 <br />Water Cost <br />Hours per Hole 8 Hours <br />~ Cast per Hour for Water Truck and Driver $ 56.40 <br />Total Water Cost $ 902.40 <br />Sealing Materlals -Expense <br />Cement in Sacks $ 14,949.16 <br />Bentonite in Sacks $ - <br />Plugs $ 290.48 <br />Hole Markers $ 7.12 <br />Total Cost Sealing Materials $ 15,246.76 <br />25% <br />Cost <br />Orfll Pad Reclamation <br />Pad Variables <br />Length 190 Feet <br />Width 240 Feet <br />AcreslPad 1.05 Acres <br />Total Acres 1.05 Acres <br />Regrading <br />Equipment Hours per Pad 4 Hours <br />Equipment Cost per Hour $ 90.00 <br />Equipment Cost per Pad $ 360.00 <br />Total Regrading Cost $ 720.00 <br />Reseeding <br />Seeding & Mulching Cost Per Aere $ 1,500.00 <br />Acres to Reseed 1.05 <br />Total Reseeding Cost $ 1,570.25 <br />Total Drill Pad Reclamation $ 2,290.25 <br />Road Reclamation <br />Road Variables <br />Length of Road to be Narcowed or Reclaimed 2,270 Feet <br />Average Width of Road 24 Feet <br />Total Area to be Reclaimed 1.25 Acres <br />AcreslMile 2.91 Acres <br />Regrading <br />Equipment Work as Hours per Aere 8.00 <br />Equipment Cost per Hour $ 90•~ <br />Equipment Cost per Acre $ 720.00 <br />Total Equipment Cost $ 900.65 <br />Reseeding <br />Seeding 8 Mulching Cost Per Acre $ 1,500.00 <br />Acres to Reseed 1.25 <br />Total Reseeding Cost $ 1,876.36 <br />Total Road Reclamation Cost $ 2,777.02 <br />Page 1 <br />