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REPORT DATE 5/0/200 Report # AFE # Casing OD(in) WT(lbs/ft) Grade Btm MD(ft) Btm TVD(ft) DCRB04 TVD: 32 MD: 32 Progress: 32 Planned TD:,500 Current Hole Size: Days From Spud: Spud Date: 5//0 Days on Well: Days over/under: Rig: Field: Wildcat Liner MD (ft): Liner TVD (ft): Drilling Co: Hope Drilling Co Top of Liner MD (ft): Top of Liner TVD: Rig Supv: Mack Segienthaler / Geologist: Lance Moore Toolpusher: xxx Toolpusher: 2 xxx GL-AMSL: RT-GL: Last BOP Date: FIT/LOT: Country: USA Present Operations Set Conductor Pipe Summary of Period 0600 to 0600Hrs Planned Activities Date of Saftey Meeting HSE Summary Topic of Meeting: Last LTI Date: Incident : Rotating Diverter Control Head Mud DATA: Avg. Max. Day Mud $ Cum Mud $ Surface Ann Press. Mud : Flowline Temp: Surface Ann Temp (ºF) Sample From: MWD Circ Temp: Hydr Closing Press Time: Glycol CP Temp: Accumulator Press Weight: Glycol: ECD TD: Nitrates: Size of Element: ECD Shoe: Sulphites: Percent Wear: ECD Cuttings API FL: Date Last Inspected: KCI %: API Cake: Date Tested: Low Gravity Solids: Gels 0s Date Last Changed: High Gravity Solids: Gels 0m Surface Separation Solids (corrected): Fann 003 Range H2O: Fann 006 Inlet Pressure Oil: Fann 00 Inlet Temperature (ºF) Sand: Fann 200 Liquid Rate (gpm) Viscosity: Fann 300 Hydrocrbn Rt (bbl/hr) PV: YP: Fann 600 Gas Rate (mcf/day) Corrosion Gal/ : Last Choke Inspect Date Inhibitor Day Well Conditions Fuel Data Start Vol (gal) Received (gal) PWD Rig Tank DP Press Ann Press Depth (ft) Other Comments Engineer: ChI: ES: Hard/Ca: MBT: PM: PF: MF: ph: PHPA Exc: Centrifuge Hrs Run End Vol (gal) Used Available(bbl) Active (bbl) Hole (bbl) Slug (bbl) Reserve(bbl) Kill (bbl) No. Losses (bbl) Downhole (bbl) Shakers & Eq (bbl) Dumped (bbl) Centrifuges (bbl) other (bbl) Shakers, Volumes and Losses Data Equipment Description Pumps Pump Data - Last 24 Hrs Liner (in) Press Efficienc y (%) Flow (gpm) Depth Mesh Size Slow Pump Data (ft) (spm) 2 3 Hrs Pressure Compression Data Injection (SCFM) Injection Pressure Oxygen Content Costs Data AFE Dry Hole Cost: $73,88 Daily Drlg Cost: $8,000 Daily Comp Cost: AFE Completion Cost: $85,645 Cum Drlg Cost: $8,000 Cum Comp Cost: AFE Total Well Cost: $58,833 Actual Well Cost: $8,000

BHA #: Weight(wet): Wt Below Jar (wet): Weight(dry): Wt Below Jar (dry): BHA Description: Description: Continuation Page Date: 5/0/0 Report #: BHA Data Length(ft): Torque(max): String: Torque(off Btm): Pick-Up: Torque(On Btm): Slack-Off: Jar Hours: Length: O.D.: I.D.: Description: D.C.() Ann Velocity: D.C.(2) Ann Velocity: H.W.D.P. Ann Velocity: D.P. Ann Velocity: Length: O.D.: Hrs: I.D.: No Size Make Serial # Nozzles Total Length: Bit Data Re-run In Out N Feet HRS WOB (K) RPM FPH MD Angle Azimuth TVD Survey Data +N/-S Co-Ordinates +E/-W V. Section DLS BGG: CONN: TRIP: SHOW DEPTHS GAS Max: LITHOLOGY: ROP BEFORE DURING Mud Log Pore Pressure: Remarks: AFTER GAS Mud Wt. Chlorides Heavies Operation for Period 0600 Hrs to 0600 Hrs on Start Finish Hrs Depth Act. Code 8:00 8:30 0.5 Lub Rig 8:30 8:00 9.5 8:00 8:00 4.0 Time Log 5/0/200 Activity Descrpition Serviced Rig for the day Drilled " hole and set 32 ft of conductor Cemented in with 20 sacks of cement to surface. SDFN Drilled almost solid hard lime.

REPORT DATE 5//200 Report # AFE # Casing OD(in) WT(lbs/ft) Grade Btm MD(ft) Btm TVD(ft) DCRB04 TVD: 32 MD: 32 Progress: Planned TD:,500 Current Hole Size: Days From Spud: Spud Date: 5//0 Days on Well: Days over/under: Rig: Field: Wildcat Liner MD (ft): Liner TVD (ft): Drilling Co: Hope Drilling Co Top of Liner MD (ft): Top of Liner TVD: Rig Supv: Mack Segienthaler / Geologist: Lance Moore Toolpusher: xxx Toolpusher: 2 xxx GL-AMSL: RT-GL: Last BOP Date: FIT/LOT: Country: USA Present Operations NU Hydril, W/O boom truck Summary of Period 0600 to 0600Hrs Planned Activities Date of Saftey Meeting HSE Summary Topic of Meeting: Last LTI Date: Incident : Rotating Diverter Control Head Mud DATA: Avg. Max. Day Mud $ Cum Mud $ Surface Ann Press. Mud : Flowline Temp: Surface Ann Temp (ºF) Sample From: MWD Circ Temp: Hydr Closing Press Time: Glycol CP Temp: Accumulator Press Weight: Glycol: ECD TD: Nitrates: Size of Element: ECD Shoe: Sulphites: Percent Wear: ECD Cuttings API FL: Date Last Inspected: KCI %: API Cake: Date Tested: Low Gravity Solids: Gels 0s Date Last Changed: High Gravity Solids: Gels 0m Surface Separation Solids (corrected): Fann 003 Range H2O: Fann 006 Inlet Pressure Oil: Fann 00 Inlet Temperature (ºF) Sand: Fann 200 Liquid Rate (gpm) Viscosity: Fann 300 Hydrocrbn Rt (bbl/hr) PV: YP: Fann 600 Gas Rate (mcf/day) Corrosion Gal/ : Last Choke Inspect Date Inhibitor Day Well Conditions Fuel Data Start Vol (gal) Received (gal) PWD Rig Tank DP Press Ann Press Depth (ft) Other Comments Engineer: ChI: ES: Hard/Ca: MBT: PM: PF: MF: ph: PHPA Exc: Centrifuge Hrs Run End Vol (gal) Used Available(bbl) Active (bbl) Hole (bbl) Slug (bbl) Reserve(bbl) Kill (bbl) No. Losses (bbl) Downhole (bbl) Shakers & Eq (bbl) Dumped (bbl) Centrifuges (bbl) other (bbl) Shakers, Volumes and Losses Data Equipment Description Pumps Pump Data - Last 24 Hrs Liner (in) Press Efficienc y (%) Flow (gpm) Depth Mesh Size Slow Pump Data (ft) (spm) 2 3 Hrs Pressure Compression Data Injection (SCFM) Injection Pressure Oxygen Content Costs Data AFE Dry Hole Cost: $73,88 Daily Drlg Cost: $,200 Daily Comp Cost: AFE Completion Cost: $85,645 Cum Drlg Cost: $9,200 Cum Comp Cost: AFE Total Well Cost: $58,833 Actual Well Cost: $9,200

BHA #: Weight(wet): Wt Below Jar (wet): Weight(dry): Wt Below Jar (dry): BHA Description: Description: Continuation Page Date: 5//0 Report #: BHA Data Length(ft): Torque(max): String: Torque(off Btm): Pick-Up: Torque(On Btm): Slack-Off: Jar Hours: Length: O.D.: I.D.: Description: D.C.() Ann Velocity: D.C.(2) Ann Velocity: H.W.D.P. Ann Velocity: D.P. Ann Velocity: Length: O.D.: Hrs: I.D.: No Size Make Serial # Nozzles Total Length: Bit Data Re-run In Out N Feet HRS WOB (K) RPM FPH MD Angle Azimuth TVD Survey Data +N/-S Co-Ordinates +E/-W V. Section DLS BGG: CONN: TRIP: SHOW DEPTHS GAS Max: LITHOLOGY: ROP BEFORE DURING Mud Log Pore Pressure: Remarks: AFTER GAS Mud Wt. Chlorides Heavies Operation for Period 0600 Hrs to 0600 Hrs on Start Finish Hrs Depth Act. Code 8:00 8:30 0.5 Lub Rig 8:30 9:00 0.5 9:00 :00 2.0 :00 4:00 4:00 6:00 3.0 2.0 6:00 8:00 2.0 8:00 8:00 4.0 Time Log 5//200 Activity Descrpition Serviced rig and equipment. Unloaded Hydrill Bladder from Weatherford. Lowered derrick, raised floor to weld on collar to conductor. NU Hydrill and Head and other associated equipment W/O boom truck finished connections and nipple up on Hydrill. SDFN

REPORT DATE Report # 5/2/200 AFE # Casing OD(in) WT(lbs/ft) Grade Btm MD(ft) Btm TVD(ft) DCRB04 TVD: 20 MD: 20 Progress: 88 Planned TD:,500 Current Hole Size: Days From Spud: Spud Date: 5//0 Days on Well: Days over/under: Rig: Field: Wildcat Liner MD (ft): Liner TVD (ft): Drilling Co: Hope Drilling Co Top of Liner MD (ft): Top of Liner TVD: Rig Supv: Mack Segienthaler / Geologist: Lance Moore Toolpusher: xxx Toolpusher: 2 xxx GL-AMSL: RT-GL: Last BOP Date: FIT/LOT: Country: USA Present Operations Drilling @ 20' Summary of Period 0600 to 0600Hrs Planned Activities Date of Saftey Meeting HSE Summary Topic of Meeting: Last LTI Date: Incident : Rotating Diverter Control Head Mud DATA: Avg. Max. Day Mud $ Cum Mud $ Surface Ann Press. Mud : Flowline Temp: Surface Ann Temp (ºF) Sample From: MWD Circ Temp: Hydr Closing Press Time: Glycol CP Temp: Accumulator Press Weight: Glycol: ECD TD: Nitrates: Size of Element: ECD Shoe: Sulphites: Percent Wear: ECD Cuttings API FL: Date Last Inspected: KCI %: API Cake: Date Tested: Low Gravity Solids: Gels 0s Date Last Changed: High Gravity Solids: Gels 0m Surface Separation Solids (corrected): Fann 003 Range H2O: Fann 006 Inlet Pressure Oil: Fann 00 Inlet Temperature (ºF) Sand: Fann 200 Liquid Rate (gpm) Viscosity: Fann 300 Hydrocrbn Rt (bbl/hr) PV: YP: Fann 600 Gas Rate (mcf/day) Corrosion Gal/ : Last Choke Inspect Date Inhibitor Day Well Conditions Fuel Data Start Vol (gal) Received (gal) PWD Rig Tank DP Press Ann Press Depth (ft) Other Comments Engineer: ChI: ES: Hard/Ca: MBT: PM: PF: MF: ph: PHPA Exc: Centrifuge Hrs Run End Vol (gal) Used Available(bbl) Active (bbl) Hole (bbl) Slug (bbl) Reserve(bbl) Kill (bbl) No. Losses (bbl) Downhole (bbl) Shakers & Eq (bbl) Dumped (bbl) Centrifuges (bbl) other (bbl) Shakers, Volumes and Losses Data Equipment Description Pumps Pump Data - Last 24 Hrs Liner (in) Press Efficienc y (%) Flow (gpm) Depth Mesh Size Slow Pump Data (ft) (spm) 2 3 Hrs Pressure Compression Data Injection (SCFM) Injection Pressure Oxygen Content Costs Data AFE Dry Hole Cost: $73,88 Daily Drlg Cost: $,700 Daily Comp Cost: AFE Completion Cost: $85,645 Cum Drlg Cost: $0,900 Cum Comp Cost: AFE Total Well Cost: $58,833 Actual Well Cost: $0,900

BHA #: Weight(wet): Wt Below Jar (wet): Weight(dry): Wt Below Jar (dry): BHA Description: Description: Continuation Page Date: 5/2/0 Report #: BHA Data Length(ft): Torque(max): String: Torque(off Btm): Pick-Up: Torque(On Btm): Slack-Off: Jar Hours: Length: O.D.: I.D.: Description: D.C.() Ann Velocity: D.C.(2) Ann Velocity: H.W.D.P. Ann Velocity: D.P. Ann Velocity: Length: O.D.: Hrs: I.D.: No Size Make Serial # Nozzles Total Length: Bit Data Re-run In Out Feet HRS WOB (K) RPM FPH MD Angle Azimuth TVD Survey Data +N/-S Co-Ordinates +E/-W V. Section DLS BGG: CONN: TRIP: SHOW DEPTHS GAS Max: LITHOLOGY: ROP BEFORE DURING Mud Log Pore Pressure: Remarks: AFTER GAS Mud Wt. Chlorides Heavies Operation for Period 0600 Hrs to 0600 Hrs on Start Finish Hrs Depth Act. Code 8:00 8:30 0.5 Lub Rig 8:30 9:00 9:00 0:00 0.5.0 0:00 5:00 5:00 9:30 5.0 4.5 Drilling 9:30 8:00 2.5 Time Log 5/2/200 Activity Descrpition Service rig and equipment Safety meeting discussing use of ear plugs, hardhats, and safety glasses. RU to spud bottom of conductor and clean out cement. POOH & RD. Had to rig down rig due to rig shifting making Rotating head slightly out of tolerance. Re spotted entire rig to compensate. Raised rig to higher level due to Hydrill. RIH w/ 5 ft BHA and Smith 8-4/5" medium hardness button bit. Drilled extremely hard lime and sand sections to 20 ft plus BHA. Pulldown on bit average 6,000 pounds with average SDFN Notes: After misting and cleaning out conductor dried well up and dusted to 20 ft. Well seems to be drilling better at the end. Note: Extremely more rig up work due to installation of Hydrill. However, we made it work.