2007-12-17_REVISION - C1996083 (2)

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Bowie Resources, LLC Proposed 2008 thru 2010 GOB VENT HOLES Reclamation Worksheet Exploration Holes 12/14/2007 Sealing Expense Hole Variables Number of Holes to be Sealed 13 Hales Miles of Road to be Reclaimed 3.20 Miles Rotary Hole Diameter 9.375 Inches Rotary Footage 20,660 Feet Cubic Foot of Hole per Sack of Cement 1 CF Sealing Materials -Variables Cement per Sack $ 8,25 Bentonte per 3 cu.ft. Sack $ 6.00 Plugs $ 145.24 Hole Markers $ 3.56 Sealing Materials -Volumes Cement in Sacks 9,904 Each Bentonite in Sacks Each Plugs 13 Each Hole Markers 13 Each Rig Expense Rig Time to Pull Casing 2 Rig Time to Seal Hole 6 Hours Rig Time per hour Cost $ 152.20 Total Cost, Sealing Rig Cost $ 15,829 Water Cost Hours per Hole 8 Hours Cost per Hour for Water Truck and Driver $ 56.40 Total Water Cost $ 5,865.60 Sealing Materials -Expense Cement in Sacks $ 81,706.24 Bentonite in Sacks $ - Plugs $ 1,888.12 Hole Markers $ 46.28 Total Cost Sealing Materials $ 83,640.64 Total Sealing Expense $ 105,335 SubtotalTotal Reclamation Cost $ 160,405 Burden 25% 40101 Total Reclamation Cost $ 200,507 Pad Variables Length 190 Feet Width 240 Feet Acres/Pad 1.05 Acres Total Acres 13.61 Acres Regrading Equipment Hours per Pad 4 Hours Equipment Cost per Hour $ 90.00 Equipment Cost per Pad $ 360.00 Total Regrading Cost $ 4,680.00 Reseeding Seeding & Mulching Cost Per Acre $ 1,500.00 Acres to Reseed 13.61 Total Reseeding Cost $ 20,413.22 Total Drill Pad Reclamation $ 25,093.22 Road Reclamation Road Variables Length of Road to be Narrowed or Reclaimed 17,000 Feet Average Width of Road 35 Feet Total Area to be Reclaimed 13.50 Acres Acres/Mile 4.22 Acres Regrading Equipment Work as Hours per Acre 8.00 Equipment Cost per Hour $ 90.00 Equipment Cost per Acre $ 720.00 Total Equipment Cost $ 9,722.31 Reseeding Seeding & Mulching Cost Per Acre $ 1,500.00 Acres to Reseed 13,50 Total Reseeding Cost $ 20,254.82 Total Road Reclamation Cost $ 29,977.13 Page t