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<br />Oxbow Mining LLC <br />Elk Creek Mine <br /> <br />Hole Number: ECM 07-46 Project ID.: Elk Creek Mine Exploration <br />Lease Number: COC-61357 (State or Federal) Surface Owner: Hotchkiss <br />Date Commenced: 27-Aug-07 Date Completed: 2-Sep-07 <br />Contractor: Himes Drilling Rig Type: Portadrill TKT Rig 8 <br />Geologist: Doug Allen Date : 15-Jan-08 Toolpusher: <br />Driller: Kevin Himes Truck Driver: Aaron B. Helper: Mike Himes <br />Coordinates: N. 20561.83 E. 29840.98 <br />Location: Township, Range & Section: N.112 Sec. 36, T.12S., R.91W. <br />Ground Elevation: 7261' Collar Elevation: <br />Geophysical Log Measured From: Ground Elevation <br />Total Depth: 1520' Probe Depth: 1483' Fluid Level: 836' <br />Casing Type: steel, T&C Size: 6 518" <br />Casing Type: Size: <br />Depth: 19.5' Recovered (Y or N): Y <br />Depth: Recovered (Y or N): <br />Bit Information <br />Surface Casing 8 314" Tricone to 19.5' <br />Main Hole 5 7/8" PDC to 1285' <br />Core: 4 7/8" bit, 3" core to 1397' <br />Bottom Hole 4 3/4" PDC to 1520' <br />Footage Plugged: 1418' Cored: 102' <br />Drilling Medium: Air: Foam !Water: Mud: Foam Injection: <br />Depths: 0-200' 200-1520' <br /> <br />Lost Circulation Depths: Regained ? (Y or N): <br />Water Invasion Depth or Intervals: 20-60' Estimated Inflow Rates: 3 gpm <br />Gas Invasion Depth or Interval: <br />Geophysical Logging Contractor: Jet West Geophysical, LLC <br />Logs Run: Gamma: X Neutron: <br />Temperature: X Density: X <br />Resistivity: X Caliper: X <br />Other (SP, Foc. Elec., Drift, Dep., Sonic): Temp: 100E @ seam <br />Hole Cemented (Y or N ), Type: Y No. of Bags: 41 bags plug gel; 3 cement <br />Interval: 1520-10'; 10-0' <br />Coal Core Sent To: SGS Rock Sent To: Agapito <br />Comments: Static water level at 22'. <br /> <br /> <br /> <br /> <br /> <br /> <br />Himes Drilling Colorado water well license #1285 <br /> <br />