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Oxbow Mining LLC <br />Elk Creek Mine <br />Hole Number: ECM 07-65 Project ID.: Elk Creek Mine Exploration <br />Lease Number: COC-61357 (State or Federal) Surface Owner: BLM <br />Date Commenced: 27-Sep-07 Date Completed: 1-Oct-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. 5714.80 E. 30022.76 <br />Location: Townshi p, Range & Section: S.1/2 Sec. 12, T.13S., R.91W. <br />Ground Elevation: 7556' Collar Elevation: <br />Geophysical Log M easured From: Ground Elevation <br />Total Depth: 1060' Probe Depth: 1052' Fluid Level: NA <br />Casing Type: steel, T&C Size: 6 5/8" <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 3/4" Tricone to 19.5' <br />Main Hole 5 7/8" PDC to 900' <br />Core: 4 7/8" bit, 3" core to 1018' <br />Bottom Hole 4 3/4" PDC to 1060' <br />Footage Plugged: 942' Cored: 118' <br />Drilling Medium: Air: Foam /Water: Mud: Foam Injection: <br />Depths: 0-380' 380-1060' <br />Lost Circulation Depths: <br />Water Invasion Depth or Intervals: <br />Gas Invasion Depth or Interval: <br />Regained ? (Y or N): <br />Estimated Inflow Rates: <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: 94F @ seam <br />Hole Cemented (Y or N ), Type: Y No. of Bags: 36 bags plug gel; 2 cement <br />Interval: 1060-10'; 10-0' <br />Coal Core Sent To: SGS <br />Comments: <br />Rock Sent To: Agapito <br />Himes Drilling Colorado water well license #1285