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INSTRUCTIONS:

1) ENTER DATE OF FIRST REPORT ON SHEET ONE.


2) All daily costs are entered into the separate cost sheet.
3) As you complete a daily drilling report sheet, drag the tab for that report tab to the right side of the cost tab. This places the
4) A TFA (total flow area) calculator is attached to the right of the drilling report. The numbers are carried over to the next day
5) A calculator for calculating the weight of the BHA is to the right of the TFA calculator and is required.
6) In the bit record, enter the current depth in the OUT box, this allows for the calculation of the total footage on the bit.
Obviously if the bit is pulled enter the actual depth of when the bit was pulled. The bit info is automatically copied from the prev
7) You must keep track of the total # of hours on each bit, the accuracy of this information depends on your accurate input. Ad
8) If one bit is pulled and a second bit is used to drill new hole, place the data for the second bit in the first column.
9) You must enter a daily cost for drilling mud on the Cost Sheet.
10) Diesel consumption is automatically calculated but you must enter the ending volume and any diesel deliveries.
11) The casing string information is provided to anticipate future casing strings and also to compare the actual to the plan.
12) The surveys and BHA's are automatically carried over to the next day. If this data changes simply overwrite the old data w
13) When the worksheet is locked, data can only be entered in the yellow boxes. If you need to unlock any sheets the code is
14) Below the drilling report is an executive summary that can be distributed company wide. In this section provide a brief sum
Include in this executive summary, any surveys that have been taken.
15) Clearly state both the date and the time when the well was spudded and when the rig was released
he cost tab. This places the most recent report next to the cost sheet.
carried over to the next day so the numbers must be manually changed if there is a change to the nozzles.

al footage on the bit.


atically copied from the previous day but you can easily overwrite this information
on your accurate input. Add today's hrs to yesterdays hours.
the first column.

diesel deliveries.
e the actual to the plan.
mply overwrite the old data with the new data starting at the top of the surveys once all the spaces are used.
nlock any sheets the code is 1234.
s section provide a brief summary without abbreviations as to what occurred in the past 24 hrs. Keep this very simple.
CASING DETAIL AND CEMENTING REPORT
Well: #REF! Location: #REF! County #REF! State: #REF!
Total depth: 142' Bit Size: 17.5" Avg Hole size: 19" Mud wt: 8.8

String detail (list each item in order run)


Length Cum Length No Jts OD Description Mfg Wt Grade Threads Cond
2 2 1 13&3/8" shoe 61 K-55 weld
20 22 1 13&3/8" casing 61 K-55 weld
20 42 1 13&3/8" casing 61 K-55 weld
20 62 1 13&3/8" casing 61 K-55 weld
20 82 1 13&3/8" casing 61 K-55 weld
20 102 1 13&3/8" casing 61 K-55 weld
20 122 1 13&3/8" casing 61 K-55 weld
20 142 1 13&3/8" casing 61 K-55 weld
142
142 Total length
MINUS 0 Cut-off
142 Setting depth
Wt of csg string in mud: 8600
Wt of csg set on slips: n/a
Cement used Cementing company: Maranco Limited Design
Stage No. sacks Cement type and additives PPG YIELD BBLS BPM TOC
SPACER cemented with tremmie

lead 60 class "C" cement, 16 1.32 14 tremmie

0
Displacement
SPACER

0
Displacement
Full circ (Y/N): y Pipe reciprocated?
Cement to Surface y Pipe rotated?
Bbls to Surface 1 Float held (Y/N): y
Plug bumped (Y/N):

Centralizer and scratcher placement (type, depth and amount):

Casing on location NOT RUN


Length No Jts OD Description - Mfg Wt Grade Threads Cond

Remarks:

CEMENT COMPANY Maranco

Reported by: Richard marriott Date: 3/3/2013


CASING DETAIL AND CEMENTING REPORT
Well: #REF! Location: #REF! County #REF! State: #REF!
Total depth: 1198 Bit Size: 12.25" Avg Hole size: 12.25" Mud wt: 9.5

String detail (list each item in order run)


Length Cum Length No Jts OD Description Mfg Wt Grade Threads Cond
1 1 1 10&5/8 shoe DSL 43.5 K-55 BUTT new
1182.65 1183.65 28 9&5/8" casing 43.5 K-55 BUTT new
1183.65
1183.65
1183.65
1183.65
1183.65
1183.65
1183.65
1183.65 Total length
MINUS 2 Cut-off
1181.65 Setting depth
Wt of csg string in mud: 46,314
Wt of csg set on slips: NA
Cement used Cementing company: Maranco Limited Design
Stage No. sacks Cement type and additives PPG YIELD BBLS BPM TOC
SPACER water 8.3 25 5

lead 350 Class"C" w/3%gel,.02%dispersant,0.01%antifoam 13.3 1.84 0 114

0
Displacement

N/A 0

0
Displacement
Full circ (Y/N): Y Pipe reciprocated? N
Cement to Surface Y Pipe rotated? N
Bbls to Surface reverse job Float held (Y/N): N/A
Plug bumped (Y/N): N/A

Centralizer and scratcher placement (type, depth and amount):


40.96--257.20--468.65--690.76--910.59--1146.10

Casing on location NOT RUN


Length No Jts OD Description - Mfg Wt Grade Threads Cond
360 10 9&5/8" 43.5 K-55 BUTT new

Remarks:

CEMENT COMPANY Maranco Limited

Reported by: Virgil Welch Date: 3/13/2013


CASING DETAIL AND CEMENTING REPORT
Well: #REF! Location: #REF! County #REF! State: #REF!
Total depth: Bit Size: Avg Hole size: Mud wt:

String detail (list each item in order run)


Length Cum Length No Jts OD Description Mfg Wt Grade Threads Cond
0
0
0
0
0
0
0
0
0
0 Total length
MINUS Cut-off
0 Setting depth
Wt of csg string in mud:
Wt of csg set on slips:
Cement used Cementing company: Design
Stage No. sacks Cement type and additives PPG YIELD BBLS BPM TOC
SPACER

0
Displacement

0
Displacement
Full circ (Y/N): Pipe reciprocated?
Cement to Surface Pipe rotated?
Bbls to Surface Float held (Y/N):
Plug bumped (Y/N):

Centralizer and scratcher placement (type, depth and amount):

Casing on location NOT RUN


Length No Jts OD Description - Mfg Wt Grade Threads Cond

Remarks:

CEMENT COMPANY

Reported by: Date:


Daily Fuel Tally
DATE VENDOR DAY DIESEL USED TANK READING DIESEL DELIVERED
2/23/2013 1 168 3098
2/24/2013 2 182 2916
2/25/2013 3 232 2684
2/26/2013 4 1193 1491
2/27/2013 5 91 1400
2/28/2013 Esso (Delivered for Operations) 6 186 5214 4000
3/1/2013 7 225 4989
3/2/2013 8 210 4779
3/3/2013 9 50 4729
3/4/2013 10 0 4729
3/5/2013 11 0 4729
3/6/2013 12 0 4729
3/7/2013 13 350 4379
3/8/2013 Esso (Delivered for Operations) 14 971 8408 5000
3/9/2013 15 914 7494
3/10/2013 16 418 7076
3/11/2013 17 572 6504
3/12/2013 18 0 6504
3/13/2013 19 436 6068
3/14/2013 20 592 5476
3/15/2013 21 298 5178
3/16/2013 22 596 4582
3/17/2013 23 148 4434
3/18/2013 24 0 4434
3/19/2013 25 880 3554
3/20/2013 26 430 3124
3/21/2013 27 830 2294
3/22/2013 Fuel delivery 28 644 6650 5000
3/23/2013 29 1026 5624
3/24/2013 30 594 5030
3/25/2013 31 596 4434
3/26/2013 32 442 3992
3/27/2013 33 868 3124
3/28/2013 34 1118 7006 5000
3/29/2013 35 938 6068
3/30/2013 36 437 5631
3/31/2013 37 369 5262
4/1/2013 38 372 4890
4/2/2013 39 446 4444
4/3/2013 40 148 4296
4/4/2013 41 898 3398
4/5/2013 42 734 2664
4/6/2013 43 144 2520
4/7/2013 44 142 2378
4/8/2013 45 830 1548
4/9/2013 46 130 1418
4/10/2013 47 132 1286
4/11/2013 48 72 4114 2900
4/12/2013 49 60 4054
4/13/2013 50 50 4004
4/14/2013 51 50 3954
4/15/2013 52 382 3572
4/16/2013 53 364 3208
4/17/2013 54 288 2920
4/18/2013 55 284 2636
4/19/2013 56 554 2082
4/20/2013 57 201 1881
4/21/2013 58 327 1554
4/22/2013 59 252 1302
4/23/2013 60 182 1120
4/24/2013 61 234 886
4/25/2013 62 58 828
4/26/2013 63 263 4065 3500
4/27/2013 64 367 3698
Bit # Size Type
Well Name South Canal Bank #1 1 17.500 hammer
Operator Maranco Energy Belize Ltd 2 12.250 EQH205
Location Laguna Seca 3 8.500 Hughes
County, State Orange Walk Belize 4 8.500 Christianson
Rig Rig 11 5 8.500 Hughes
Drilling Foreman Virgil Welch 6 8.500 Security
Start Date 7 8.500 Smith
End Date 8
Contract Data 9
TD 10
11
12
13
14
15
TOTAL well average
South South
Canal bank Canal Bank
Activity Day progress #1 Depth
MIRU 0 12 12
MIRU 1 0 12 Day v.
MIRU 2 0 12
MIRU 3 0 12 0
MIRU 4 0 12
MIRU 5 0 12
Surface Casing Installation 6 30 42
Surface Casing Installation 7 62 104
Surface Casing Installation 8 38 142 1,000
Surface Casing Installation 9 0 142
MIRU 10 0 142
MIRU 11 0 142
MIRU 12 0 142
MIRU 13 0 142 2,000
Intermediate Section 14 158 300
Intermediate Section 15 353 653

3,000
2,000

Intermediate Section 16 407 1,060


Intermediate Section 17 138 1,198
Run casing & cement 18 0 1,198 3,000
Nipple Up and Drill out 19 7 1,205
Production Section 20 267 1,472
Production Section (LC) 21 8 1,480
Production Section (LC) 22 0 1,480
Production Section (LC) 23 0 1,480 4,000
Production Section (LC) 24 110 1,590
Production Section 25 0 1,590
Production Section 26 270 1,860
Production Section 27 240 2,100
Production Section 28 198 2,298 5,000
Production Section 29 155 2,453
Production Section 30 225 2,678
Production Section 31 273 2,951
32 178 3,129

Depth
Production Section
Production Section 33 131 3,260 6,000
Production Section 34 229 3,489
Production Section 35 314 3,803
Production Section 36 304 4,107
Drill Stem Testing 37 0 4,107
Drill Stem Testing 38 0 4,107 7,000
Drill Stem Testing/Production Section 39 0 4,107
Production Section 40 0 4,107
Production Section 41 207 4,314
Production Section 42 136 4,450
log/casing/complete 43 0 4,450 8,000
log/casing/complete 44 0 4,450
log/casing/complete 45 0 4,450
log/casing/complete 46 0 4,450
complete 47 0 4,450
complete 48 0 4,450 9,000
complete 49 0 4,450
complete 50 0 4,450

10,000
9,000

complete 51 0 4,450
complete 52 0 4,450
complete 53 0 4,450 10,000
complete 54 0 4,550
complete 55 0 4,550
complete 56 0 4,550
complete 57 0 4,550
complete 58 0 4,450 11,000
complete 59 0 4,450
complete 60 0 4,450
South Canal
complete 61 0 4,450 Bank #1
complete 62 0 4,450 Depth

complete 63 0 4,450 12,000 South Canal


bank progress
complete 64 0 4,450
complete 65 0 4,450
complete 66 0 4,450
complete 67 0 4,450
complete 68 0 4,450 13,000
complete 69 0 4,450

15
12

18

21

24

27

3
complete 70 0 4,450
complete 71 0 4,450
complete 72 0 4,450
complete 73 0 4,450
complete 74 0 4,450
complete 75 0 4,450
complete 76 0 4,450
complete 77 0 4,450
complete 78 0 4,450
complete 79 0 4,450
complete 80 0 4,450
complete 81 0 4,450
complete 82 0 4,450
complete 83 0 4,450
complete 84 0 4,450
complete 85 0 4,450
complete 86 0 4,450
complete 87 0 4,450
complete 88 0 4,450
complete 89 0 4,450
complete 90 0 4,450
complete 91 0 4,450
complete 92 0 4,450
complete 93 0 4,450
complete 94 0 4,450
complete 95 0 4,450
complete 96 0 4,450
complete 97 0 4,450
complete 98 0 4,450
complete 99 0 4,450
rig down 100 0 4,450
rig down 101 0 4,450
102
Serial Depth in Footage Hours Ft/Hr Depth Out Nozzles Accum. Hrs Dev WOB RPM GPM Psi I O DC L B/S G
n/a 12 130 21 6.19 142 21 1 1 1 1 1 ###
11155662 161 1037 74 14.01 1198 20/20/20 95 6 20 65 423 475 2 2 no no e ###
MXB20DX 1198 994 83.5 11.90 2192 24/24/24 178.5 5 3/4 20 65 314 300 4 4 bt no e ###
R-482 2192 123 12.5 9.84 2315 open 191 1/2 25 65-80 409 600 2 8 bt no na
MXB30DX 2315 868 91 9.54 3183 24/24/24 282 1/2 25 65 409 575 3 3 no no e ###
S84F 3,183 924 80 11.55 4107 22/22/22 362 1/2 30 70 409 625 4 8 bt o f 1/ 4
F37 4,107 343 44 7.80 4450 22/22/22 406 1/2 30 70 409 750 4 8 bt o f 1/ 4

10.9 fph 4,431 406.00

64 Reaming

Day v. Depth
18

21

24

27

30

33

36

Day
39

42

45

48

51

54

57

60

63

66

69
ODC RP MW Vis PV YP FL Solids Bottom Hole Assembly
cp air air hammer
no cp 9.5 41 11 16 18 5 bit,stab,bs,dc,stab,dc,stab,6-dcs
bt pr 8.8 37 13 15 17 3 bit,stab,dc,stab,dc,stab,13dc,2hwdp
bt pr 9.0 38 11 12 14 3 same
no pr 9.0 38 11 12 13 3 same
bt dst 9.0 38 11 12 16 5 same
bt td 8.9 40 11 12 18 5 same
Depth Depth
Bit # Size Type Serial Ftg. Hrs. Ft/Hr Nozzles
In Out
1 17.50 hammer n/a 12.00 130.00 21.00 6.19 142.00 0.00
BHA air hammer
2 12.25 EQH205 ### 161.00 ### 74.00 14.01 ### 20/20/20
BHA bit,stab,bs,dc,stab,dc,stab,6-dcs
3 8.50 HughesMXB20DX ### 994.00 83.50 11.90 ### 24/24/24
BHA bit,stab,dc,stab,dc,stab,13dc,2hwdp
4 8.50 ChristiansonR-482 ### 123.00 12.50 9.84 ### open
BHA same
5 8.50 HughesMXB30DX ### 868.00 91.00 9.54 ### 24/24/24
BHA same
6 8.50 Security S84F ### 924.00 80.00 11.55 ### 22/22/22
BHA same
7 8.50 Smith F37 ### 343.00 44.00 7.80 ### 22/22/22
BHA same
8 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
BHA 0.00
9 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
BHA
10 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
BHA
11 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
BHA
12 0 0 0 0 0 0 0 0 0
BHA 0.00
13 0 0 0 0 0 0 0 0 0
BHA 0.00
14 0 0 0 0 0 0 0 0 0
BHA 0.00
15 0 0 0 0 0 0 0 0 0
BHA 0.00
ALL FORMULAS - NO INPUT REQUIRED
Bit Record
Accum.
Dev WOB RPM GPM Psi. I O DC L
Hrs.
21.00 0.00 0.00 0.00 0.00 0.00 1.00 1.00 1.00 1.00

95.00 6.00 20.00 65.00 423.00 475.00 2.00 2.00 no no

178.50 5.75 20.00 65.00 314.00 300.00 4.00 4.00 bt no

191.00 0.50 25.00 65-80 409.00 600.00 2.00 8.00 bt no

282.00 0.50 25.00 65.00 409.00 575.00 3.00 3.00 no no

362.00 0.50 30.00 70.00 409.00 625.00 4.00 8.00 bt o

406.00 0.50 30.00 70.00 409.00 750.00 4.00 8.00 bt o

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0
B/S G ODC RP MW Vis PV YP FL Solids
1.00 0.00 0.00 cp air 0.00 0.00 0.00 0.00 0.00

e 0.00 no cp 9.50 41.00 11.00 16.00 18.00 5.00

e 0.00 bt pr 8.80 37.00 13.00 15.00 17.00 3.00

na 0.00 bt pr 9.00 38.00 11.00 12.00 14.00 3.00

e 0.00 no pr 9.00 38.00 11.00 12.00 13.00 3.00

f 0.25 bt dst 9.00 38.00 11.00 12.00 16.00 5.00

f 0.25 bt td 8.90 40.00 11.00 12.00 18.00 5.00

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0
Ser Cut Circ/
Day Depth Drilling Survey Trip W&R Repairs
Rig DL Cond
1 12 #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF!
2 12 #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF!
3 12 #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF!
4 12 #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF!
5 12 #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF!
6 42 #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF!
7 104 #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF!
8 142 #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF!
9 142 #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF!
10 142 #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF!
11 142 #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF!
12 142 #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF!
13 142 #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF!
14 300 #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF!
15 653 #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF!
16 1,060 #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF!
17 1,198 #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF!
18 1,198 #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF!
19 1,205 #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF!
20 1,472 #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF!
21 1,480 #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF!
22 1,480 #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF!
23 1,480 #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF!
24 1,590 #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF!
25 1,590 #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF!
26 1,860 #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF!
27 2,100 #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF!
28 2,298 #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF!
29 2,453 #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF!
30 2,678 #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF!
31 2,951 #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF!
32 3,129 #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF!
33 3,260 #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF!
34 3,489 #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF!
35 3,803 #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF!
36 4,107 #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF!
37 4,107 #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF!
38 4,107 #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF!
39 4,107 #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF!
40 4,107 #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF!
41 4,314 #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF!
42 4,450 #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF!
43 4,450 #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF!
44 4,450 #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF!
45 4,450 #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF!
46 4,450
47 4,450
48 4,450
49 4,450
50 4,450
%of
Total Hrs #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF!
Hrs. #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF!
Maranco Energy Belize Ltd
Laguna Seca
Orange Walk Belize
Rig 11

Drl Run NU Weld Pres. Jet


Cement WOC Fishing Log
Cmt Csg BOP Head Test Pits
#REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF!
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#REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF!
#REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF!
#REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF!
#REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF!
#REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF!
#REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF!
#REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF!
#REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF!
#REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF!
#REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF!
#REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF!
#REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF!
#REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF!
#REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF!
#REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF!

#REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF!
#REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF!
Total
Other Activity
Hrs
#REF! #REF! MIRU
#REF! #REF! MIRU
#REF! #REF! MIRU
#REF! #REF! MIRU
#REF! #REF! MIRU
#REF! #REF! Surface Casing Installation
#REF! #REF! Surface Casing Installation
#REF! #REF! Surface Casing Installation
#REF! #REF! Surface Casing Installation
#REF! #REF! MIRU
#REF! #REF! MIRU
#REF! #REF! MIRU
#REF! #REF! MIRU
#REF! #REF! Intermediate Section
#REF! #REF! Intermediate Section
#REF! #REF! Intermediate Section
#REF! #REF! Intermediate Section
#REF! #REF! Run casing & cement
#REF! #REF! Nipple Up and Drill out
#REF! #REF! Production Section
#REF! #REF! Production Section (LC)
#REF! #REF! Production Section (LC)
#REF! #REF! Production Section (LC)
#REF! #REF! Production Section (LC)
#REF! #REF! Production Section
#REF! #REF! Production Section
#REF! #REF! Production Section
#REF! #REF! Production Section
#REF! #REF! Production Section
#REF! #REF! Production Section
#REF! #REF! Production Section
#REF! #REF! Production Section
#REF! #REF! Production Section
#REF! #REF! Production Section
#REF! #REF! Production Section
#REF! #REF! Production Section
#REF! #REF! Drill Stem Testing
#REF! #REF! Drill Stem Testing
#REF! #REF! Drill Stem Testing/Production Section
#REF! #REF! Production Section
#REF! #REF! Production Section
#REF! #REF! Production Section
#REF! #REF! log/casing/complete
#REF! #REF! log/casing/complete
#REF! #REF! log/casing/complete
0 log/casing/complete
0 complete
0 complete
0 complete
0 complete
#REF! #REF!
#REF! #REF!
TD -

Percent Hrs Days


Drilling #REF! #REF! #REF!
Trip #REF! #REF! #REF!
Survey #REF! #REF! #REF!
W&R #REF! #REF! #REF!
Circ/ Cond #REF! #REF! #REF!
Log #REF! #REF! #REF!
Ser Rig #REF! #REF! #REF!
NU BOP #REF! #REF! #REF!
WOC #REF! #REF! #REF!
Run Csg #REF! #REF! #REF!
Repairs #REF! #REF! #REF!
Cut DL #REF! #REF! #REF!
Weld Head #REF! #REF! #REF!
Other #REF! #REF! #REF!
Pres. Test #REF! #REF! #REF!
Cement #REF! #REF! #REF!
Drl Cmt #REF! #REF! #REF!
Jet Pits #REF! #REF! #REF!
Fishing #REF! #REF! #REF!

Totals #REF! #REF! #REF!

'file:///conversion/tmp/scratch/377142595.xls'#$Activity Pie Chart


Drilling
Trip
Survey
W&R
Circ/ Cond
Log
Ser Rig
NU BOP
WOC
Run Csg
Repairs
Cut DL
Weld Head
Other
Pres. Test
Cement
Drl Cmt
Jet Pits
Fishing
DAILY DRILLING REPORT AFE DEPTH 4,500 AFE DAYS 33
AFE # : SOUTH CANAL BANK -1
LOCATION: Laguna Seca

WELL NAME: South Canal Bank -1 COUNTRY BELIZE STATE: Orangewalk DATE: 2/23/13 DAY: 1

DEPTH
OPERATIONS: MIRU API#: 0 PROGRESS: 0
(MD):

CONTRACTOR: MARANCO LTD Rig SUPV: Virgil Welch AFE $: Drlg $0 AFE $: Completed $4,571,295

TOTAL
PSI: SPM: DAILY COST: $342,234 CUM DRLG COST: $5,685,636
GPM:
DRILLING MECHANICS CASING STRINGS
PICK UP WEIGHT PLAN Actual TOL Size WT GRADE THRD LOT/FIT $/ft
SLACK OFF WEIGHT
ROTATING WEIGHT - -
TORQUE ON BOTTOM - -
TORQUE OFF BOTTOM - -
BIT RECORD Present Bit Previous Bit MUD PROPERTIES MUD MIXED TIME DISTRIBUTION
BIT NO MW GEL RU/RD 12 12
SIZE VIS SALTGEL DRLG 0
MFG PV LIME REAM/WASH 0
TYPE YP CAUSTIC SURVEY 0
SER. NO GELS SODA ASH TRIP 0
NOZZLES pH BARITE RIG SERV 0
TFA WL HULLS CIRC & COND 0
OUT HP/HT RUN CSG 0
IN FC BENTONITE WOC 0
FOOTAGE CL NU BOP 0
HOURS Ca CEMENT RIG REPAIR 0
FT/HR Sand LOG 0
hP/dia inch #DIV/0! Solids FISHING/STUCK 0
IMP FORCE #DIV/0! Oil % CMT 0
DC Anlr Vel #DIV/0! LCM TEST BOP 0
DP Anlr Vel #DIV/0! WELD HEAD 0
JET PITS 0
DRLG CMT 0
BIT # 1 DULL COND: CUT DRLG LINE 0
ICS OCS DC LOC B/S G ODR RP Day Mud $ $0 MISC 0 0
Cum Mud $ $72,097 TOTAL (Daily/cum) 12 12
TIME ACTIVITY RPM WOB ROP
START END HRS FROM TO (M lbs) (fph)
0:00 0:00 12.00 Cont to prepare for paint, Spacer Cabin, Load 5M BOP Equipment Deliver to yard, Load and
deliver load of chemicals to SCB 1

0.00 DAILY AVG #DIV/0!


SHOWS/FLARE REPORT BHA SURVEYS
Description Length DEPTH DEVIATION AZIMUTH

LAST BOP TEST


WASTE DISPOSAL SITE:
DAILY YDS SOLID - BBLS LIQUID
WELL CUM SOLID - 0 CUM LIQUID 0

TOTAL DRILLED GAS


GAS Units DC SIZE
Background Gas:
Connection Gas:
Trip Gas: DP SIZE
Max Gas:

ACCIDENTS FUEL (gals)


Start 3266 BHA Length 0.0 ft SLOW PUMP RATES
Received 0 DRILL PIPE PSI SPM
NONE End 3098 WEIGHT OF BHA 0M Pump #1
Consumed 168 WEIGHT OF BHA (below jars) 0M Pump #2

DDR 06/02
DAILY DRILLING REPORT AFE DEPTH 4,500 AFE DAYS 33
AFE # : SOUTH CANAL BANK -1
LOCATION: Laguna Seca

WELL NAME: South Canal Bank -1 COUNTRY BELIZE STATE: Orangewalk DATE: 2/24/13 DAY: 2

DEPTH
OPERATIONS: MIRU API#: 0 PROGRESS: 0
(MD):

CONTRACTOR: MARANCO LTD Rig SUPV: Virgil Welch AFE $: Drlg $0 AFE $: Completed $4,571,295

TOTAL
PSI: SPM: DAILY COST: $9,635 CUM DRLG COST: $5,685,636
GPM:
DRILLING MECHANICS CASING STRINGS
PICK UP WEIGHT PLAN Actual TOL Size WT GRADE THRD LOT/FIT $/ft
SLACK OFF WEIGHT
ROTATING WEIGHT - -
TORQUE ON BOTTOM - -
TORQUE OFF BOTTOM - -
BIT RECORD Present Bit Previous Bit MUD PROPERTIES MUD MIXED TIME DISTRIBUTION
BIT NO MW GEL RU/RD 12 24
SIZE VIS SALTGEL DRLG 0
MFG PV LIME REAM/WASH 0
TYPE YP CAUSTIC SURVEY 0
SER. NO GELS SODA ASH TRIP 0
NOZZLES pH BARITE RIG SERV 0
TFA WL HULLS CIRC & COND 0
OUT HP/HT RUN CSG 0
IN FC BENTONITE WOC 0
FOOTAGE CL NU BOP 0
HOURS Ca CEMENT RIG REPAIR 0
FT/HR Sand LOG 0
hP/dia inch #DIV/0! Solids FISHING/STUCK 0
IMP FORCE #DIV/0! Oil % CMT 0
DC Anlr Vel #DIV/0! LCM TEST BOP 0
DP Anlr Vel #DIV/0! WELD HEAD 0
JET PITS 0
DRLG CMT 0
BIT # 1 DULL COND: CUT DRLG LINE 0
ICS OCS DC LOC B/S G ODR RP Day Mud $ $0 MISC
Cum Mud $ $72,097 TOTAL (Daily/cum) 12 24
TIME ACTIVITY RPM WOB ROP
START END HRS FROM TO Drilling Water Well on SCB #1 (M lbs) (fph)
6:00 8:00 2.00 Rig down off test hole, move to water well
8:00 12:00 4.00 0 40 Pick up 17.5" hammer, Drill to 40' 10
12:00 14:00 2.00 Run 40' of 13&3/8" casing
14:00 16:00 2.00 cement 20sx 16-14.8ppg from shoe to surface
16:00 18:00 2.00 Rig down and wash equipment

0.00 DAILY AVG #DIV/0!


SHOWS/FLARE REPORT BHA SURVEYS
Description Length DEPTH DEVIATION AZIMUTH

LAST BOP TEST


WASTE DISPOSAL SITE:
DAILY YDS SOLID - BBLS LIQUID
WELL CUM SOLID - 0 CUM LIQUID 0

TOTAL DRILLED GAS


GAS Units DC SIZE
Background Gas:
Connection Gas:
Trip Gas: DP SIZE
Max Gas:

ACCIDENTS FUEL (gals)


Start 3098 BHA Length 0.0 ft SLOW PUMP RATES
Received 0 DRILL PIPE PSI SPM
NONE End 2916 WEIGHT OF BHA 0M Pump #1
Consumed 182 WEIGHT OF BHA (below jars) 0M Pump #2

DDR 06/02
DAILY DRILLING REPORT AFE DEPTH 4,500 AFE DAYS 33
AFE # : SOUTH CANAL BANK -1
LOCATION: Laguna Seca

WELL NAME: South Canal Bank -1 COUNTRY BELIZE STATE: Orangewalk DATE: 2/25/13 DAY: 3

DEPTH
OPERATIONS: MIRU API#: 0 PROGRESS: 0
(MD):

CONTRACTOR: MARANCO LTD Rig SUPV: Virgil Welch AFE $: Drlg $0 AFE $: Completed $4,571,295

TOTAL
PSI: SPM: DAILY COST: $9,885 CUM DRLG COST: $5,685,636
GPM:
DRILLING MECHANICS CASING STRINGS
PICK UP WEIGHT PLAN Actual TOL Size WT GRADE THRD LOT/FIT $/ft
SLACK OFF WEIGHT
ROTATING WEIGHT - -
TORQUE ON BOTTOM - -
TORQUE OFF BOTTOM - -
BIT RECORD Present Bit Previous Bit MUD PROPERTIES MUD MIXED TIME DISTRIBUTION
BIT NO MW GEL RU/RD 12 36
SIZE VIS SALTGEL DRLG 0
MFG PV LIME REAM/WASH 0
TYPE YP CAUSTIC SURVEY 0
SER. NO GELS SODA ASH TRIP 0
NOZZLES pH BARITE RIG SERV 0
TFA WL HULLS CIRC & COND 0
OUT HP/HT RUN CSG 0
IN FC BENTONITE WOC 0
FOOTAGE CL NU BOP 0
HOURS Ca CEMENT RIG REPAIR 0
FT/HR Sand LOG 0
hP/dia inch #DIV/0! Solids FISHING/STUCK 0
IMP FORCE #DIV/0! Oil % CMT 0
DC Anlr Vel #DIV/0! LCM TEST BOP 0
DP Anlr Vel #DIV/0! WELD HEAD 0
JET PITS 0
DRLG CMT 0
BIT # 1 DULL COND: CUT DRLG LINE 0
ICS OCS DC LOC B/S G ODR RP Day Mud $ $0 MISC
Cum Mud $ $72,097 TOTAL (Daily/cum) 12 36
TIME ACTIVITY RPM WOB ROP
START END HRS FROM TO Drilling Water Well on SCB #1 MIRU (M lbs) (fph)
6:00 18:00 12.00 40 110 Pick up 12.25" hammer, drill from 40' to 110' 6

0.00 DAILY AVG #DIV/0!


SHOWS/FLARE REPORT BHA SURVEYS
Description Length DEPTH DEVIATION AZIMUTH

LAST BOP TEST


WASTE DISPOSAL SITE:
DAILY YDS SOLID - BBLS LIQUID
WELL CUM SOLID - 0 CUM LIQUID 0

TOTAL DRILLED GAS


GAS Units DC SIZE
Background Gas:
Connection Gas:
Trip Gas: DP SIZE
Max Gas:

ACCIDENTS FUEL (gals)


Start 2916 BHA Length 0.0 ft SLOW PUMP RATES
Received 0 DRILL PIPE PSI SPM
NONE End 2684 WEIGHT OF BHA 0M Pump #1
Consumed 232 WEIGHT OF BHA (below jars) 0M Pump #2

DDR 06/02
DAILY DRILLING REPORT AFE DEPTH 4,500 AFE DAYS 33
AFE # : SOUTH CANAL BANK -1
LOCATION: Laguna Seca

WELL NAME: South Canal Bank -1 COUNTRY BELIZE STATE: Orangewalk DATE: 2/26/13 DAY: 4

DEPTH
OPERATIONS: MIRU API#: 0 PROGRESS: 0
(MD):

CONTRACTOR: MARANCO LTD Rig SUPV: Virgil Welch AFE $: Drlg $0 AFE $: Completed $4,571,295

TOTAL
PSI: SPM: DAILY COST: $14,690 CUM DRLG COST: $5,685,636
GPM:
DRILLING MECHANICS CASING STRINGS
PICK UP WEIGHT PLAN Actual TOL Size WT GRADE THRD LOT/FIT $/ft
SLACK OFF WEIGHT
ROTATING WEIGHT - -
TORQUE ON BOTTOM - -
TORQUE OFF BOTTOM - -
BIT RECORD Present Bit Previous Bit MUD PROPERTIES MUD MIXED TIME DISTRIBUTION
BIT NO MW GEL RU/RD 12 48
SIZE VIS SALTGEL DRLG 0
MFG PV LIME REAM/WASH 0
TYPE YP CAUSTIC SURVEY 0
SER. NO GELS SODA ASH TRIP 0
NOZZLES pH BARITE RIG SERV 0
TFA WL HULLS CIRC & COND 0
OUT HP/HT RUN CSG 0
IN FC BENTONITE WOC 0
FOOTAGE CL NU BOP 0
HOURS Ca CEMENT RIG REPAIR 0
FT/HR Sand LOG 0
hP/dia inch #DIV/0! Solids FISHING/STUCK 0
IMP FORCE #DIV/0! Oil % CMT 0
DC Anlr Vel #DIV/0! LCM TEST BOP 0
DP Anlr Vel #DIV/0! WELD HEAD 0
JET PITS 0
DRLG CMT 0
BIT # 1 DULL COND: CUT DRLG LINE 0
ICS OCS DC LOC B/S G ODR RP Day Mud $ $0 MISC
Cum Mud $ $72,097 TOTAL (Daily/cum) 12 48
TIME ACTIVITY RPM WOB ROP
START END HRS FROM TO Drilling Water Well on SCB #1 MIRU (M lbs) (fph)
6:00 8:00 2.00 Service rig and equipment
8:00 14:00 6.00 110 230 Drill from 110' to 230' with losses and collapsing hole 20
14:00 15:30 1.50 POH change BHA
15:30 18:00 2.50 RIH and tried to stabilize formation to continue drilling

0.00 DAILY AVG #DIV/0!


SHOWS/FLARE REPORT BHA SURVEYS
Description Length DEPTH DEVIATION AZIMUTH

LAST BOP TEST


WASTE DISPOSAL SITE:
DAILY YDS SOLID - BBLS LIQUID
WELL CUM SOLID - 0 CUM LIQUID 0

TOTAL DRILLED GAS


GAS Units DC SIZE
Background Gas:
Connection Gas:
Trip Gas: DP SIZE
Max Gas:

ACCIDENTS FUEL (gals)


Start 2684 BHA Length 0.0 ft SLOW PUMP RATES
Received 0 DRILL PIPE PSI SPM
NONE End 1491 WEIGHT OF BHA 0M Pump #1
Consumed 1193 WEIGHT OF BHA (below jars) 0M Pump #2

DDR 06/02
DAILY DRILLING REPORT AFE DEPTH 4,500 AFE DAYS 33
AFE # : SOUTH CANAL BANK -1
LOCATION: Laguna Seca

WELL NAME: South Canal Bank -1 COUNTRY BELIZE STATE: Orangewalk DATE: 2/27/13 DAY: 5

DEPTH
OPERATIONS: MIRU API#: 0 PROGRESS: 0
(MD):

CONTRACTOR: MARANCO LTD Rig SUPV: Virgil Welch AFE $: Drlg $0 AFE $: Completed $4,571,295

TOTAL
PSI: SPM: DAILY COST: $70,304 CUM DRLG COST: $5,685,636
GPM:
DRILLING MECHANICS CASING STRINGS
PICK UP WEIGHT PLAN Actual TOL Size WT GRADE THRD LOT/FIT $/ft
SLACK OFF WEIGHT
ROTATING WEIGHT - -
TORQUE ON BOTTOM - -
TORQUE OFF BOTTOM - -
BIT RECORD Present Bit Previous Bit MUD PROPERTIES MUD MIXED TIME DISTRIBUTION
BIT NO MW GEL RU/RD 12 60
SIZE VIS SALTGEL DRLG 0
MFG PV LIME REAM/WASH 0
TYPE YP CAUSTIC SURVEY 0
SER. NO GELS SODA ASH TRIP 0
NOZZLES pH BARITE RIG SERV 0
TFA WL HULLS CIRC & COND 0
OUT HP/HT RUN CSG 0
IN FC BENTONITE WOC 0
FOOTAGE CL NU BOP 0
HOURS Ca CEMENT RIG REPAIR 0
FT/HR Sand LOG 0
hP/dia inch #DIV/0! Solids FISHING/STUCK 0
IMP FORCE #DIV/0! Oil % CMT 0
DC Anlr Vel #DIV/0! LCM TEST BOP 0
DP Anlr Vel #DIV/0! WELD HEAD 0
JET PITS 0
DRLG CMT 0
BIT # 1 DULL COND: CUT DRLG LINE 0
ICS OCS DC LOC B/S G ODR RP Day Mud $ $0 MISC
Cum Mud $ $72,097 TOTAL (Daily/cum) 12 60
TIME ACTIVITY RPM WOB ROP
START END HRS FROM TO Drilling Water Well on SCB #1 MIRU (M lbs) (fph)
While Moving in and rigging up
6:00 7:00 1.00 Lubricate drilling rig
7:00 14:00 7.00 220 300 Drill water well from 220' to 300' 11
14:00 15:00 1.00 POH
15:00 17:00 2.00 Run 8" PVC liner to 280' (could not reach TD with liner due to hole collasping)
17:00 18:30 1.50 Run 3/8" gravel pack for hole stabilization

DAILY AVG #DIV/0!


SHOWS/FLARE REPORT BHA SURVEYS
Description Length DEPTH DEVIATION AZIMUTH

LAST BOP TEST


WASTE DISPOSAL SITE:
DAILY YDS SOLID - BBLS LIQUID
WELL CUM SOLID - 0 CUM LIQUID 0

TOTAL DRILLED GAS


GAS Units DC SIZE
Background Gas:
Connection Gas:
Trip Gas: DP SIZE
Max Gas:

ACCIDENTS FUEL (gals)


Start 1491 BHA Length 0.0 ft SLOW PUMP RATES
Received 0 DRILL PIPE PSI SPM
NONE End 1400 WEIGHT OF BHA 0M Pump #1
Consumed 91 WEIGHT OF BHA (below jars) 0M Pump #2

DDR 06/02
DAILY DRILLING REPORT AFE DEPTH 4,500 AFE DAYS 33
AFE # : SOUTH CANAL BANK -1
LOCATION: Laguna Seca

WELL NAME: South Canal Bank -1 COUNTRY BELIZE STATE: Orangewalk DATE: 2/28/13 DAY: 6

DEPTH
OPERATIONS: Surface Casing Installation API#: 42 PROGRESS: 42
(MD):

CONTRACTOR: MARANCO LTD Rig SUPV: Virgil Welch AFE $: Drlg $0 AFE $: Completed $4,571,295

TOTAL
PSI: SPM: DAILY COST: $23,370 CUM DRLG COST: $5,685,636
GPM:
DRILLING MECHANICS CASING STRINGS
PICK UP WEIGHT PLAN Actual TOL Size WT GRADE THRD LOT/FIT $/ft
SLACK OFF WEIGHT
ROTATING WEIGHT - -
TORQUE ON BOTTOM - -
TORQUE OFF BOTTOM - -
BIT RECORD Present Bit Previous Bit MUD PROPERTIES MUD MIXED TIME DISTRIBUTION
BIT NO 1 MW GEL RU/RD 9 69
SIZE 17 1/2 VIS SALTGEL DRLG 5 5
MFG Atlas Copco PV LIME REAM/WASH 0
TYPE hammer YP CAUSTIC SURVEY 0
SER. NO n/a GELS SODA ASH TRIP 2 2
NOZZLES n/a pH BARITE RIG SERV 0
TFA WL HULLS CIRC & COND 0
OUT HP/HT RUN CSG 0
IN 12 FC BENTONITE WOC 0
FOOTAGE 30 CL NU BOP 0
HOURS 5 Ca CEMENT RIG REPAIR 0
FT/HR 6 Sand LOG 0
hP/dia inch 0.0 Solids FISHING/STUCK 0
IMP FORCE #DIV/0! Oil % CMT 0
DC Anlr Vel air LCM TEST BOP 0
DP Anlr Vel air WELD HEAD 0
JET PITS 0
DRLG CMT 0
BIT # 1 DULL COND: CUT DRLG LINE 0
ICS OCS DC LOC B/S G ODR RP Day Mud $ $0 MISC 0 3
Cum Mud $ $72,097 TOTAL (Daily/cum) 16 79
TIME ACTIVITY RPM WOB ROP
START END HRS FROM TO Surface Casing Istallation (M lbs) (fph)
0:00 9:00 9.00 Demob rig from water well and rig up on conductor hole
9:00 10:00 1.00 Pick up 17.5" hammer (20" casing set at 12' by construction crew)
10:00 15:00 5.00 12 42 Start drilling from 12' to 42' w/ total losses, hole collasping, had to use foam & polymers for 6
hole cleaning
15:00 16:00 1.00 POH to clean stabilizers

DAILY AVG 8
SHOWS/FLARE REPORT BHA SURVEYS
Description Length DEPTH DEVIATION AZIMUTH

LAST BOP TEST


WASTE DISPOSAL SITE:
DAILY YDS SOLID - BBLS LIQUID
WELL CUM SOLID - 0 CUM LIQUID 0

TOTAL DRILLED GAS


GAS Units DC SIZE
Background Gas:
Connection Gas:
Trip Gas: DP SIZE
Max Gas:

ACCIDENTS FUEL (gals)


Start 1400 BHA Length 0.0 ft SLOW PUMP RATES
Received 4000 DRILL PIPE PSI SPM
NONE End 5214 WEIGHT OF BHA 0M Pump #1
Consumed 186 WEIGHT OF BHA (below jars) 0M Pump #2

DDR 06/02
DAILY DRILLING REPORT AFE DEPTH 4,500 AFE DAYS 33
AFE # : SOUTH CANAL BANK -1
LOCATION: Laguna Seca

WELL NAME: South Canal Bank -1 COUNTRY BELIZE STATE: Orangewalk DATE: 3/1/13 DAY: 7

DEPTH
OPERATIONS: Surface Casing Installation API#: 104 PROGRESS: 62
(MD):

CONTRACTOR: MARANCO LTD Rig SUPV: Virgil Welch AFE $: Drlg $0 AFE $: Completed $4,571,295

TOTAL
PSI: SPM: DAILY COST: $16,850 CUM DRLG COST: $5,685,636
GPM:
DRILLING MECHANICS CASING STRINGS
PICK UP WEIGHT PLAN Actual TOL Size WT GRADE THRD LOT/FIT $/ft
SLACK OFF WEIGHT
ROTATING WEIGHT - -
TORQUE ON BOTTOM - -
TORQUE OFF BOTTOM - -
BIT RECORD Present Bit Previous Bit MUD PROPERTIES MUD MIXED TIME DISTRIBUTION
BIT NO 1 MW GEL RU/RD 69
SIZE 17 1/2 VIS SALTGEL DRLG 8 13
MFG Atlas Copco PV LIME REAM/WASH 0
TYPE hammer YP CAUSTIC SURVEY 0
SER. NO n/a GELS SODA ASH TRIP 3.5 5.5
NOZZLES n/a pH BARITE RIG SERV 1 1
TFA WL HULLS CIRC & COND 0
OUT HP/HT RUN CSG 0
IN 12 FC BENTONITE WOC 0
FOOTAGE 92 CL NU BOP 0
HOURS 13 Ca CEMENT RIG REPAIR 0
FT/HR 7 Sand LOG 0
hP/dia inch 0.0 Solids FISHING/STUCK 0
IMP FORCE #DIV/0! Oil % CMT 0
DC Anlr Vel air LCM TEST BOP 0
DP Anlr Vel air WELD HEAD 0
JET PITS 0
DRLG CMT 0
BIT # 1 DULL COND: CUT DRLG LINE 0
ICS OCS DC LOC B/S G ODR RP Day Mud $ $0 MISC 0 3
Cum Mud $ $72,097 TOTAL (Daily/cum) 12.5 91.5
TIME ACTIVITY RPM WOB ROP
START END HRS FROM TO Surface Casing Istallation (M lbs) (fph)
6:00 7:00 1.00 Lubricate and fuel equipment
7:00 10:30 3.50 RIH, tag fill @ 34', work to bottom @ 42'
10:30 18:30 8.00 42 104 Drill from 42' to 104' 8
18:30 19:00 0.50 POH

0.00 DAILY AVG 8


SHOWS/FLARE REPORT BHA SURVEYS
Description Length DEPTH DEVIATION AZIMUTH

LAST BOP TEST


WASTE DISPOSAL SITE:
DAILY YDS SOLID - BBLS LIQUID
WELL CUM SOLID - 0 CUM LIQUID 0

TOTAL DRILLED GAS


GAS Units DC SIZE
Background Gas:
Connection Gas:
Trip Gas: DP SIZE
Max Gas:

ACCIDENTS FUEL (gals)


Start 5214 BHA Length 0.0 ft SLOW PUMP RATES
Received 0 DRILL PIPE PSI SPM
NONE End 4989 WEIGHT OF BHA 0M Pump #1
Consumed 225 WEIGHT OF BHA (below jars) 0M Pump #2

DDR 06/02
DAILY DRILLING REPORT AFE DEPTH 4,500 AFE DAYS 33
AFE # : SOUTH CANAL BANK -1
LOCATION: Laguna Seca

WELL NAME: South Canal Bank -1 COUNTRY BELIZE STATE: Orangewalk DATE: 3/2/13 DAY: 8

DEPTH
OPERATIONS: Surface Casing Installation API#: 142 PROGRESS: 38
(MD):

CONTRACTOR: MARANCO LTD Rig SUPV: Virgil Welch AFE $: Drlg $0 AFE $: Completed $4,571,295

TOTAL
PSI: SPM: DAILY COST: $16,775 CUM DRLG COST: $5,685,636
GPM:
DRILLING MECHANICS CASING STRINGS
PICK UP WEIGHT PLAN Actual TOL Size WT GRADE THRD LOT/FIT $/ft
SLACK OFF WEIGHT
ROTATING WEIGHT - -
TORQUE ON BOTTOM - -
TORQUE OFF BOTTOM - -
BIT RECORD Present Bit Previous Bit MUD PROPERTIES MUD MIXED TIME DISTRIBUTION
BIT NO 1 MW GEL RU/RD 69
SIZE 17 1/2 VIS SALTGEL DRLG 8 21
MFG Atlas Copco PV LIME REAM/WASH 1 1
TYPE hammer YP CAUSTIC SURVEY 0
SER. NO n/a GELS SODA ASH TRIP 3 8.5
NOZZLES n/a pH BARITE RIG SERV 1
TFA WL HULLS CIRC & COND 0
OUT HP/HT RUN CSG 0
IN 12 FC BENTONITE WOC 0
FOOTAGE 130 CL NU BOP 0
HOURS 21 Ca CEMENT RIG REPAIR 0
FT/HR 6 Sand LOG 0
hP/dia inch 0.0 Solids FISHING/STUCK 0
IMP FORCE #DIV/0! Oil % CMT 0
DC Anlr Vel air LCM TEST BOP 0
DP Anlr Vel air WELD HEAD 0
JET PITS 0
DRLG CMT 0
BIT # 1 DULL COND: CUT DRLG LINE 0
ICS OCS DC LOC B/S G ODR RP Day Mud $ $0 MISC 0 3
Cum Mud $ $72,097 TOTAL (Daily/cum) 12 103.5
TIME ACTIVITY RPM WOB ROP
START END HRS FROM TO Surface Casing Istallation (M lbs) (fph)
6:00 8:00 2.00 RIH to 96'
8:00 9:00 1.00 Ream from 96' to 104'
9:00 17:00 8.00 104 142 Cont drilling from 104' to 142' with 90" losses and severe hole collasping, unable to proceed 5
due to washing hole out underneath the 20" casing
17:00 18:00 1.00 POH

0.00 DAILY AVG 5


SHOWS/FLARE REPORT BHA SURVEYS
Description Length DEPTH DEVIATION AZIMUTH

LAST BOP TEST


WASTE DISPOSAL SITE:
DAILY YDS SOLID - BBLS LIQUID
WELL CUM SOLID - 0 CUM LIQUID 0

TOTAL DRILLED GAS


GAS Units DC SIZE
Background Gas:
Connection Gas:
Trip Gas: DP SIZE
Max Gas:

ACCIDENTS FUEL (gals)


Start 4989 BHA Length 0.0 ft SLOW PUMP RATES
Received 0 DRILL PIPE PSI SPM
NONE End 4779 WEIGHT OF BHA 0M Pump #1
Consumed 210 WEIGHT OF BHA (below jars) 0M Pump #2

DDR 06/02
DAILY DRILLING REPORT AFE DEPTH 4,500 AFE DAYS 33
AFE # : SOUTH CANAL BANK -1
LOCATION: Laguna Seca

WELL NAME: South Canal Bank -1 COUNTRY BELIZE STATE: Orangewalk DATE: 3/3/13 DAY: 9

DEPTH
OPERATIONS: Surface Casing Installation API#: 142 PROGRESS: 0
(MD):

CONTRACTOR: MARANCO LTD Rig SUPV: Virgil Welch AFE $: Drlg $0 AFE $: Completed $4,571,295

TOTAL
PSI: SPM: DAILY COST: $18,576 CUM DRLG COST: $5,685,636
GPM:
DRILLING MECHANICS CASING STRINGS
PICK UP WEIGHT PLAN Actual TOL Size WT GRADE THRD LOT/FIT $/ft
SLACK OFF WEIGHT 300' 142' 13&3/8" 61# K-55 Weld 142 $ 66.78
ROTATING WEIGHT - -
TORQUE ON BOTTOM - -
TORQUE OFF BOTTOM - -
BIT RECORD Present Bit Previous Bit MUD PROPERTIES MUD MIXED TIME DISTRIBUTION
BIT NO 1 MW GEL RU/RD 69
SIZE 17 1/2 VIS SALTGEL DRLG 21
MFG Atlas Copco PV LIME REAM/WASH 1
TYPE hammer YP CAUSTIC SURVEY 0
SER. NO n/a GELS SODA ASH TRIP 8.5
NOZZLES n/a pH BARITE RIG SERV 1
TFA WL HULLS CIRC & COND 0
OUT 142 HP/HT RUN CSG 7 7
IN 12 FC BENTONITE WOC 0
FOOTAGE 130 CL NU BOP 0
HOURS 21 Ca CEMENT RIG REPAIR 0
FT/HR 6 Sand LOG 0
hP/dia inch 0.0 Solids FISHING/STUCK 0
IMP FORCE #DIV/0! Oil % CMT 4 4
DC Anlr Vel air LCM TEST BOP 0
DP Anlr Vel air WELD HEAD 0
JET PITS 0
DRLG CMT 0
BIT # 1 DULL COND: CUT DRLG LINE 0
ICS OCS DC LOC B/S G ODR RP Day Mud $ $0 MISC 2 5
O O NO N E O NO CP Cum Mud $ $72,097 TOTAL (Daily/cum) 13 116.5
TIME ACTIVITY RPM WOB ROP
START END HRS FROM TO Surface Casing Istallation (M lbs) (fph)
6:00 8:00 2.00 Rig up for running casing
8:00 13:00 5.00 Run 7 jts (142') of 13&3/8" 61# K-55 welded casing
13:00 17:00 4.00 Cement to surface w/16ppg cement utilizing LCM for losses
17:00 19:00 2.00 Weld on 13&3/8"SOW X 13&5/8"3M wellhead

0.00 DAILY AVG #DIV/0!


SHOWS/FLARE REPORT BHA SURVEYS
Description Length DEPTH DEVIATION AZIMUTH

LAST BOP TEST


WASTE DISPOSAL SITE:
DAILY YDS SOLID - BBLS LIQUID
WELL CUM SOLID - 0 CUM LIQUID 0

TOTAL DRILLED GAS


GAS Units DC SIZE
Background Gas:
Connection Gas:
Trip Gas: DP SIZE
Max Gas:

ACCIDENTS FUEL (gals)


Start 4779 BHA Length 0.0 ft SLOW PUMP RATES
Received 0 DRILL PIPE PSI SPM
NONE End 4729 WEIGHT OF BHA 0M Pump #1
Consumed 50 WEIGHT OF BHA (below jars) 0M Pump #2

DDR 06/02
DAILY DRILLING REPORT AFE DEPTH 4,500 AFE DAYS 33
AFE # : SOUTH CANAL BANK -1
LOCATION: Laguna Seca

WELL NAME: South Canal Bank -1 COUNTRY BELIZE STATE: Orangewalk DATE: 3/4/13 DAY: 10

DEPTH
OPERATIONS: Mobilization API#: 142 PROGRESS: 0
(MD):

CONTRACTOR: MARANCO LTD Rig SUPV: Virgil Welch AFE $: Drlg $0 AFE $: Completed $4,571,295

TOTAL
PSI: SPM: DAILY COST: $20,490 CUM DRLG COST: $5,685,636
GPM:
DRILLING MECHANICS CASING STRINGS
PICK UP WEIGHT PLAN Actual TOL Size WT GRADE THRD LOT/FIT $/ft
SLACK OFF WEIGHT 300' 142' 13&3/8" 61# K-55 Weld 142 $ 66.78
ROTATING WEIGHT - -
TORQUE ON BOTTOM - -
TORQUE OFF BOTTOM - -
BIT RECORD Present Bit Previous Bit MUD PROPERTIES MUD MIXED TIME DISTRIBUTION
BIT NO 1 MW GEL RU/RD 12 81
SIZE 17 1/2 VIS SALTGEL DRLG 21
MFG Atlas Copco PV LIME REAM/WASH 1
TYPE hammer YP CAUSTIC SURVEY 0
SER. NO n/a GELS SODA ASH TRIP 8.5
NOZZLES n/a pH BARITE RIG SERV 1
TFA WL HULLS CIRC & COND 0
OUT 142 HP/HT RUN CSG 7
IN 12 FC BENTONITE WOC 0
FOOTAGE 130 CL NU BOP 0
HOURS 21 Ca CEMENT RIG REPAIR 0
FT/HR 6 Sand LOG 0
hP/dia inch 0.0 Solids FISHING/STUCK 0
IMP FORCE #DIV/0! Oil % CMT 4
DC Anlr Vel air LCM TEST BOP 0
DP Anlr Vel air WELD HEAD 0
JET PITS 0
DRLG CMT 0
BIT # 1 DULL COND: CUT DRLG LINE 0
ICS OCS DC LOC B/S G ODR RP Day Mud $ $0 MISC 5
O O NO N E O NO CP Cum Mud $ $72,097 TOTAL (Daily/cum) 12 128.5
TIME ACTIVITY RPM WOB ROP
START END HRS FROM TO MIRU--Mobilization (M lbs) (fph)
7:00 19:00 12.00 Spot substructure over wellhead, start to build mud tanks, water tank, diesel tank, derrick and
rig base, spot ramp

0.00 DAILY AVG #DIV/0!


SHOWS/FLARE REPORT BHA SURVEYS
Description Length DEPTH DEVIATION AZIMUTH

LAST BOP TEST


WASTE DISPOSAL SITE:
DAILY YDS SOLID - BBLS LIQUID
WELL CUM SOLID - 0 CUM LIQUID 0

TOTAL DRILLED GAS


GAS Units DC SIZE
Background Gas:
Connection Gas:
Trip Gas: DP SIZE
Max Gas:

ACCIDENTS FUEL (gals)


Start 4729 BHA Length 0.0 ft SLOW PUMP RATES
Received 0 DRILL PIPE PSI SPM
NONE End 4729 WEIGHT OF BHA 0M Pump #1
Consumed 0 WEIGHT OF BHA (below jars) 0M Pump #2

DDR 06/02
DAILY DRILLING REPORT AFE DEPTH 4,500 AFE DAYS 33
AFE # : SOUTH CANAL BANK -1
LOCATION: Laguna Seca

WELL NAME: South Canal Bank -1 COUNTRY BELIZE STATE: Orangewalk DATE: 3/5/13 DAY: 11

DEPTH
OPERATIONS: Mobilization API#: 142 PROGRESS: 0
(MD):

CONTRACTOR: MARANCO LTD Rig SUPV: Virgil Welch AFE $: Drlg $0 AFE $: Completed $4,571,295

TOTAL
PSI: SPM: DAILY COST: $18,275 CUM DRLG COST: $5,685,636
GPM:
DRILLING MECHANICS CASING STRINGS
PICK UP WEIGHT PLAN Actual TOL Size WT GRADE THRD LOT/FIT $/ft
SLACK OFF WEIGHT 300' 142' 13&3/8" 61# K-55 Weld 142 $ 66.78
ROTATING WEIGHT - -
TORQUE ON BOTTOM - -
TORQUE OFF BOTTOM - -
BIT RECORD Present Bit Previous Bit MUD PROPERTIES MUD MIXED TIME DISTRIBUTION
BIT NO 1 MW GEL RU/RD 12 93
SIZE 17 1/2 VIS SALTGEL DRLG 21
MFG Atlas Copco PV LIME REAM/WASH 1
TYPE hammer YP CAUSTIC SURVEY 0
SER. NO n/a GELS SODA ASH TRIP 8.5
NOZZLES n/a pH BARITE RIG SERV 1
TFA WL HULLS CIRC & COND 0
OUT 142 HP/HT RUN CSG 7
IN 12 FC BENTONITE WOC 0
FOOTAGE 130 CL NU BOP 0
HOURS 21 Ca CEMENT RIG REPAIR 0
FT/HR 6 Sand LOG 0
hP/dia inch 0.0 Solids FISHING/STUCK 0
IMP FORCE #DIV/0! Oil % CMT 4
DC Anlr Vel air LCM TEST BOP 0
DP Anlr Vel air WELD HEAD 0
JET PITS 0
DRLG CMT 0
BIT # 1 DULL COND: CUT DRLG LINE 0
ICS OCS DC LOC B/S G ODR RP Day Mud $ $0 MISC 5
O O NO N E O NO CP Cum Mud $ $72,097 TOTAL (Daily/cum) 12 140.5
TIME ACTIVITY RPM WOB ROP
START END HRS FROM TO MIRU--Mobilization (M lbs) (fph)
6:00 18:00 12.00 Cont to build rig and rigging up camp, prepare to raise derrick

0.00 DAILY AVG #DIV/0!


SHOWS/FLARE REPORT BHA SURVEYS
Description Length DEPTH DEVIATION AZIMUTH

LAST BOP TEST


WASTE DISPOSAL SITE:
DAILY YDS SOLID - BBLS LIQUID
WELL CUM SOLID - 0 CUM LIQUID 0

TOTAL DRILLED GAS


GAS Units DC SIZE
Background Gas:
Connection Gas:
Trip Gas: DP SIZE
Max Gas:

ACCIDENTS FUEL (gals)


Start 4729 BHA Length 0.0 ft SLOW PUMP RATES
Received 0 DRILL PIPE PSI SPM
NONE End 4729 WEIGHT OF BHA 0M Pump #1
Consumed 0 WEIGHT OF BHA (below jars) 0M Pump #2

DDR 06/02
DAILY DRILLING REPORT AFE DEPTH 4,500 AFE DAYS 33
AFE # : SOUTH CANAL BANK -1
LOCATION: Laguna Seca

WELL NAME: South Canal Bank -1 COUNTRY BELIZE STATE: Orangewalk DATE: 3/6/13 DAY: 12

DEPTH
OPERATIONS: Mobilization API#: 142 PROGRESS: 0
(MD):

CONTRACTOR: MARANCO LTD Rig SUPV: Virgil Welch AFE $: Drlg $0 AFE $: Completed $4,571,295

TOTAL
PSI: SPM: DAILY COST: $266,465 CUM DRLG COST: $5,685,636
GPM:
DRILLING MECHANICS CASING STRINGS
PICK UP WEIGHT PLAN Actual TOL Size WT GRADE THRD LOT/FIT $/ft
SLACK OFF WEIGHT 300' 142' 13&3/8" 61# K-55 Weld 142 $ 66.78
ROTATING WEIGHT - -
TORQUE ON BOTTOM - -
TORQUE OFF BOTTOM - -
BIT RECORD Present Bit Previous Bit MUD PROPERTIES MUD MIXED TIME DISTRIBUTION
BIT NO 1 MW GEL RU/RD 12 105
SIZE 17 1/2 VIS SALTGEL DRLG 21
MFG Atlas Copco PV LIME REAM/WASH 1
TYPE hammer YP CAUSTIC SURVEY 0
SER. NO n/a GELS SODA ASH TRIP 8.5
NOZZLES n/a pH BARITE RIG SERV 1
TFA WL HULLS CIRC & COND 0
OUT 142 HP/HT RUN CSG 7
IN 12 FC BENTONITE WOC 0
FOOTAGE 130 CL NU BOP 0
HOURS 21 Ca CEMENT RIG REPAIR 0
FT/HR 6 Sand LOG 0
hP/dia inch 0.0 Solids FISHING/STUCK 0
IMP FORCE #DIV/0! Oil % CMT 4
DC Anlr Vel air LCM TEST BOP 0
DP Anlr Vel air WELD HEAD 0
JET PITS 0
DRLG CMT 0
BIT # 1 DULL COND: CUT DRLG LINE 0
ICS OCS DC LOC B/S G ODR RP Day Mud $ $0 MISC 5
O O NO N E O NO CP Cum Mud $ $72,097 TOTAL (Daily/cum) 12 152.5
TIME ACTIVITY RPM WOB ROP
START END HRS FROM TO MIRU--Mobilization (M lbs) (fph)
6:00 18:00 12.00 Start hauling mud to mud tanks, hold safety meeting, raise derrick, run pumps, generators
rig up rig floor

0.00 DAILY AVG #DIV/0!


SHOWS/FLARE REPORT BHA SURVEYS
Description Length DEPTH DEVIATION AZIMUTH

LAST BOP TEST


WASTE DISPOSAL SITE:
DAILY YDS SOLID - BBLS LIQUID
WELL CUM SOLID - 0 CUM LIQUID 0

TOTAL DRILLED GAS


GAS Units DC SIZE
Background Gas:
Connection Gas:
Trip Gas: DP SIZE
Max Gas:

ACCIDENTS FUEL (gals)


Start 4729 BHA Length 0.0 ft SLOW PUMP RATES
Received 0 DRILL PIPE PSI SPM
NONE End 4729 WEIGHT OF BHA 0M Pump #1
Consumed 0 WEIGHT OF BHA (below jars) 0M Pump #2

DDR 06/02
DAILY DRILLING REPORT AFE DEPTH 4,500 AFE DAYS 33
AFE # : SOUTH CANAL BANK -1
LOCATION: Laguna Seca

WELL NAME: South Canal Bank -1 COUNTRY BELIZE STATE: Orangewalk DATE: 3/7/13 DAY: 13

DEPTH
OPERATIONS: Mobilization API#: 142 PROGRESS: 0
(MD):

CONTRACTOR: MARANCO LTD Rig SUPV: Virgil Welch AFE $: Drlg $0 AFE $: Completed $4,571,295

TOTAL
PSI: SPM: DAILY COST: $22,782 CUM DRLG COST: $5,685,636
GPM:
DRILLING MECHANICS CASING STRINGS
PICK UP WEIGHT PLAN Actual TOL Size WT GRADE THRD LOT/FIT $/ft
SLACK OFF WEIGHT 300' 142' 13&3/8" 61# K-55 Weld 142 $ 66.78
ROTATING WEIGHT - -
TORQUE ON BOTTOM - -
TORQUE OFF BOTTOM - -
BIT RECORD Present Bit Previous Bit MUD PROPERTIES MUD MIXED TIME DISTRIBUTION
BIT NO 1 MW GEL RU/RD 24 129
SIZE 17 1/2 VIS SALTGEL DRLG 21
MFG Atlas Copco PV LIME REAM/WASH 1
TYPE hammer YP CAUSTIC SURVEY 0
SER. NO n/a GELS SODA ASH TRIP 8.5
NOZZLES n/a pH BARITE RIG SERV 1
TFA WL HULLS CIRC & COND 0
OUT 142 HP/HT RUN CSG 7
IN 12 FC BENTONITE WOC 0
FOOTAGE 130 CL NU BOP 0
HOURS 21 Ca CEMENT RIG REPAIR 0
FT/HR 6 Sand LOG 0
hP/dia inch 0.0 Solids FISHING/STUCK 0
IMP FORCE #DIV/0! Oil % CMT 4
DC Anlr Vel air LCM TEST BOP 0
DP Anlr Vel air WELD HEAD 0
JET PITS 0
DRLG CMT 0
BIT # 1 DULL COND: CUT DRLG LINE 0
ICS OCS DC LOC B/S G ODR RP Day Mud $ $500 MISC 5
O O NO N E O NO CP Cum Mud $ $72,097 TOTAL (Daily/cum) 24 176.5
TIME ACTIVITY RPM WOB ROP
START END HRS FROM TO MIRU--Mobilization (M lbs) (fph)
0:00 12;00 12.00 Drill rat and mouse holes
12;00 19:00 7.00 PRESSURE TEST SURFACE LINES, INSTALL ANNULAR, PRESSURE TEST SURFACE LINES
200 PSI FOR 5 MIN AND 200PSI FOR 10 MIN, PRESSURE TEST ANNULAR 200 PSI FOR 10 M
AND 400 PSI FOR 10 MIN
19:00 0:00 5.00 Line up choke and rig up rig floor

DAILY AVG #DIV/0!


SHOWS/FLARE REPORT BHA SURVEYS
Description Length DEPTH DEVIATION AZIMUTH

LAST BOP TEST


WASTE DISPOSAL SITE:
DAILY YDS SOLID - BBLS LIQUID
WELL CUM SOLID - 0 CUM LIQUID 0

TOTAL DRILLED GAS


GAS Units DC SIZE
Background Gas:
Connection Gas:
Trip Gas: DP SIZE
Max Gas:

ACCIDENTS FUEL (gals)


Start 4729 BHA Length 0.0 ft SLOW PUMP RATES
Received 0 DRILL PIPE PSI SPM
NONE End 4379 WEIGHT OF BHA 0M Pump #1
Consumed 350 WEIGHT OF BHA (below jars) 0M Pump #2

DDR 06/02
DAILY DRILLING REPORT AFE DEPTH 4,500 AFE DAYS 33
AFE # : SOUTH CANAL BANK -1
LOCATION: Laguna Seca

WELL NAME: South Canal Bank -1 COUNTRY BELIZE STATE: Orangewalk DATE: 3/8/13 DAY: 14

DEPTH
OPERATIONS: Intermediate Section API#: 300 PROGRESS: 158
(MD):

CONTRACTOR: MARANCO LTD Rig SUPV: Virgil Welch AFE $: Drlg $0 AFE $: Completed $4,571,295

TOTAL
PSI: SPM: DAILY COST: $98,710 CUM DRLG COST: $5,685,636
GPM:
DRILLING MECHANICS CASING STRINGS
PICK UP WEIGHT PLAN Actual TOL Size WT GRADE THRD LOT/FIT $/ft
SLACK OFF WEIGHT 300' 142' 13&3/8" 61# K-55 Weld 142 $ 66.78
ROTATING WEIGHT - -
TORQUE ON BOTTOM - -
TORQUE OFF BOTTOM - -
BIT RECORD Present Bit Previous Bit MUD PROPERTIES MUD MIXED TIME DISTRIBUTION
BIT NO 2 1 MW 8.9 GEL 95 RU/RD 7 136
SIZE 12 1/4 17.5 VIS 45 SALTGEL DRLG 11 32
MFG Smith Atlas Copco PV 9 LIME REAM/WASH 1
TYPE EDH205 hammer YP 12 CAUSTIC SURVEY 0
SER. NO 11155662 n/a GELS 9/14 SODA ASH TRIP 1 9.5
NOZZLES 24/24/24 n/a pH 9.0 BARITE RIG SERV 1
TFA WL 18.0 HULLS CIRC & COND 0
OUT 142 HP/HT magma fiber 5 RUN CSG 7
IN 161 12 FC 2 BENTONITE WOC 0
FOOTAGE 139 130 CL 400 NU BOP 0
HOURS 11 21 Ca 80 CEMENT RIG REPAIR 0
FT/HR 13 6 Sand tr LOG 0
hP/dia inch 0.0 Solids 4 FISHING/STUCK 0
IMP FORCE #DIV/0! Oil % CMT 4
DC Anlr Vel 99 air LCM TEST BOP 0
DP Anlr Vel 0 air WELD HEAD 0
JET PITS 0
DRLG CMT 0
BIT # 1 DULL COND: CUT DRLG LINE 0
ICS OCS DC LOC B/S G ODR RP Day Mud $ $3,405 MISC 5 10
O O NO N E O NO CP Cum Mud $ $72,097 TOTAL (Daily/cum) 24 200.5
TIME ACTIVITY RPM WOB ROP
START END HRS FROM TO Intermediate Section (M lbs) (fph)
0:00 7:00 7.00 Complete rig up and do safety inspection with company rep
RIG ON DAYRATE AT 07:00 3/8/2013
7:00 12:00 5.00 Lay out BHA on pipe racks, strap and prepare for running in hole
12:00 13:00 1.00 RIH and tag cement at 152' Shoe at 161' including KB of 19'
13:00 0:00 11.00 161 300 Drill from 161' to 300' 65 10 13

DAILY AVG 14
SHOWS/FLARE REPORT BHA SURVEYS
Description Length DEPTH DEVIATION AZIMUTH
Bit 1.1 ft
Stab 4.6 ft
LAST BOP TEST 3/7/2013 BS 2.5 ft
WASTE DISPOSAL SITE: 8"DC 29.0 ft
DAILY YDS SOLID - BBLS LIQUID Stab 6.5 ft
WELL CUM SOLID - 0 CUM LIQUID 0 8"DC 29.9 ft
Stab 6.3 ft
TOTAL DRILLED GAS 6-8"DCS 176.9 ft
GAS Units DC SIZE XO 3.4 ft
Background Gas: HWDP 30.8 ft
Connection Gas:
Trip Gas: DP SIZE
Max Gas:

ACCIDENTS FUEL (gals)


Start 4379 BHA Length 291.0 ft SLOW PUMP RATES
Received 5000 DRILL PIPE PSI SPM
NONE End 8408 WEIGHT OF BHA 0M Pump #1
Consumed 971 WEIGHT OF BHA (below jars) 0M Pump #2

DDR 06/02
DAILY DRILLING REPORT AFE DEPTH 4,500 AFE DAYS 33
AFE # : SOUTH CANAL BANK -1
LOCATION: Laguna Seca

WELL NAME: South Canal Bank -1 COUNTRY BELIZE STATE: Orangewalk DATE: 3/9/13 DAY: 15

DEPTH
OPERATIONS: Intermediate Section API#: 653 PROGRESS: 353
(MD):

CONTRACTOR: MARANCO LTD Rig SUPV: Virgil Welch AFE $: Drlg $0 AFE $: Completed $4,571,295

TOTAL
PSI: SPM: DAILY COST: $54,995 CUM DRLG COST: $5,685,636
GPM:
DRILLING MECHANICS CASING STRINGS
PICK UP WEIGHT 35000 PLAN Actual TOL Size WT GRADE THRD LOT/FIT $/ft
SLACK OFF WEIGHT 35000 300' 142' 13&3/8" 61# K-55 Weld 142 $ 66.78
ROTATING WEIGHT 35000 - -
TORQUE ON BOTTOM 50 - -
TORQUE OFF BOTTOM 0 - -
BIT RECORD Present Bit Previous Bit MUD PROPERTIES MUD MIXED TIME DISTRIBUTION
BIT NO 2 1 MW 9.3 GEL 54 RU/RD 136
SIZE 12 1/4 17.5 VIS 44 SALTGEL DRLG 22 54
MFG Smith Atlas Copco PV 11 LIME REAM/WASH 1
TYPE EDH205 hammer YP 20 CAUSTIC 5 SURVEY 0
SER. NO 11155662 n/a GELS 12/16 SODA ASH 2 TRIP 9.5
NOZZLES 24/24/24 n/a pH 10.0 BARITE RIG SERV 0.5 1.5
TFA WL 20.0 HULLS CIRC & COND 0.5 0.5
OUT 142 HP/HT magma fiber RUN CSG 7
IN 161 12 FC 2 BENTONITE WOC 0
FOOTAGE 492 130 CL 500 bicarb 4 NU BOP 0
HOURS 33 21 Ca 80 CEMENT RIG REPAIR 1 1
FT/HR 15 6 Sand tr LOG 0
hP/dia inch 0.0 Solids 5 FISHING/STUCK 0
IMP FORCE #DIV/0! Oil % CMT 4
DC Anlr Vel 116 air LCM TEST BOP 0
DP Anlr Vel 81 air WELD HEAD 0
JET PITS 0
DRLG CMT 0
BIT # 1 DULL COND: CUT DRLG LINE 0
ICS OCS DC LOC B/S G ODR RP Day Mud $ $2,475 MISC 10
O O NO N E O NO CP Cum Mud $ $72,097 TOTAL (Daily/cum) 24 224.5
TIME ACTIVITY RPM WOB ROP
START END HRS FROM TO Intermediate Section (M lbs) (fph)
0:00 9:00 9.00 300 452 Drill from 300' to 452' 65 20 17
9:00 9:30 0.50 Service Rig
9:30 11:30 2.00 452 483 Drill from 452' to 483' 65 20 16
11:30 12:00 0.50 Hole taking a little fluid--pump 15bbl LCM pill
12:00 13:00 1.00 Rig Repair----replace wash pipe seals
13:00 0:00 11.00 483 653 Drill from 483' to 653' 65 20 15

0.00 DAILY AVG 16


SHOWS/FLARE REPORT BHA SURVEYS
Description Length DEPTH DEVIATION AZIMUTH
Bit 1.1 ft
Stab 4.6 ft
LAST BOP TEST 3/7/2013 BS 2.5 ft
WASTE DISPOSAL SITE: 8"DC 29.0 ft
DAILY YDS SOLID - BBLS LIQUID Stab 6.5 ft
WELL CUM SOLID - 0 CUM LIQUID 0 8"DC 29.9 ft
Stab 6.3 ft
TOTAL DRILLED GAS 6-8"DCS 176.9 ft
GAS Units DC SIZE XO 2.5 ft
Background Gas: 2HWDP 62.3 ft
Connection Gas: XO 0.9 ft
Trip Gas: DP SIZE XO 0.6 ft
Max Gas:

ACCIDENTS FUEL (gals)


Start 8408 BHA Length 323.1 ft SLOW PUMP RATES
Received DRILL PIPE PSI SPM
NONE End 7494 WEIGHT OF BHA 0M Pump #1
Consumed 914 WEIGHT OF BHA (below jars) 0M Pump #2

DDR 06/02
DAILY DRILLING REPORT AFE DEPTH 4,500 AFE DAYS 33
AFE # : SOUTH CANAL BANK -1
LOCATION: Laguna Seca

WELL NAME: South Canal Bank -1 COUNTRY BELIZE STATE: Orangewalk DATE: 3/10/13 DAY: 16

DEPTH
OPERATIONS: Intermediate Section API#: 1060 PROGRESS: 407
(MD):

CONTRACTOR: MARANCO LTD Rig SUPV: Virgil Welch AFE $: Drlg $0 AFE $: Completed $4,571,295

TOTAL
PSI: 475 SPM: 124 423 DAILY COST: $51,431 CUM DRLG COST: $5,685,636
GPM:
DRILLING MECHANICS CASING STRINGS
PICK UP WEIGHT 46000 PLAN Actual TOL Size WT GRADE THRD LOT/FIT $/ft
SLACK OFF WEIGHT 46000 300' 161 13&3/8" 61# K-55 Weld 161 $ 66.78
ROTATING WEIGHT 46000 - -
TORQUE ON BOTTOM 100 - -
TORQUE OFF BOTTOM 50 - -
BIT RECORD Present Bit Previous Bit MUD PROPERTIES MUD MIXED TIME DISTRIBUTION
BIT NO 2 1 MW 9.4 GEL RU/RD 136
SIZE 12 1/4 17.5 VIS 46 SALTGEL DRLG 23 77
MFG Smith Atlas Copco PV 12 LIME REAM/WASH 1
TYPE EDH205 hammer YP 22 CAUSTIC 4 SURVEY 0.5 0.5
SER. NO 11155662 n/a GELS 14/20 SODA ASH 8 TRIP 9.5
NOZZLES 24/24/24 n/a pH 10.0 BARITE RIG SERV 0.5 2
TFA WL 20.0 HULLS CIRC & COND 0.5
OUT 142 HP/HT magma fiber RUN CSG 7
IN 161 12 FC 2 BENTONITE WOC 0
FOOTAGE 899 130 CL 500 bicarb NU BOP 0
HOURS 56 21 Ca 80 CEMENT RIG REPAIR 1
FT/HR 16 6 Sand tr LOG 0
hP/dia inch 0.6 Solids 5 FISHING/STUCK 0
IMP FORCE #DIV/0! Oil % CMT 4
DC Anlr Vel 120 air LCM TEST BOP 0
DP Anlr Vel 82 air WELD HEAD 0
JET PITS 0
DRLG CMT 0
BIT # 1 DULL COND: CUT DRLG LINE 0
ICS OCS DC LOC B/S G ODR RP Day Mud $ $1,166 MISC 10
O O NO N E O NO CP Cum Mud $ $72,097 TOTAL (Daily/cum) 24 248.5
TIME ACTIVITY RPM WOB ROP
START END HRS FROM TO Intermediate Section (M lbs) (fph)
0:00 1:00 1.00 653 668 Drill from 653' to 668' 65 20 15
1:00 1:30 0.50 Circulate
1:30 2:00 0.50 Survey @ 630' 1.75deg
02;00 0:00 22.00 668 1060 Drill from 668' to 1060' 65 20-25 18

0.00 DAILY AVG 18


SHOWS/FLARE REPORT BHA SURVEYS
Description Length DEPTH DEVIATION AZIMUTH
Bit 1.1 ft 630' 1.75deg
Stab 4.6 ft
LAST BOP TEST 3/7/2013 BS 2.5 ft
WASTE DISPOSAL SITE: 8"DC 29.0 ft
DAILY YDS SOLID - BBLS LIQUID Stab 6.5 ft
WELL CUM SOLID - 0 CUM LIQUID 0 8"DC 29.9 ft
Stab 6.3 ft
TOTAL DRILLED GAS 6-8"DCS 176.9 ft
GAS Units DC SIZE XO 2.5 ft
Background Gas: 8.00 2HWDP 62.3 ft
Connection Gas: XO 0.9 ft
Trip Gas: DP SIZE XO 0.6 ft
Max Gas: 4

ACCIDENTS FUEL (gals)


Start 7494 BHA Length 323.1 ft SLOW PUMP RATES
Received DRILL PIPE 710 ft PSI SPM
NONE End 7076 WEIGHT OF BHA 30000 M Pump #1
DDR 06/02
NONE
Consumed 418 WEIGHT OF BHA (below jars) 0M Pump #2

DDR 06/02
DAILY DRILLING REPORT AFE DEPTH 4,500 AFE DAYS 33
AFE # : SOUTH CANAL BANK -1
LOCATION: Laguna Seca

WELL NAME: South Canal Bank -1 COUNTRY BELIZE STATE: Orangewalk DATE: 3/11/13 DAY: 17

DEPTH
OPERATIONS: Intermediate Section API#: 1198 PROGRESS: 138
(MD):

CONTRACTOR: MARANCO LTD Rig SUPV: Virgil Welch AFE $: Drlg $0 AFE $: Completed $4,571,295

TOTAL
PSI: 475 SPM: 124 423 DAILY COST: $54,052 CUM DRLG COST: $5,685,636
GPM:
DRILLING MECHANICS CASING STRINGS
PICK UP WEIGHT 46000 PLAN Actual TOL Size WT GRADE THRD LOT/FIT $/ft
SLACK OFF WEIGHT 46000 300' 161 13&3/8" 61# K-55 Weld 161 $ 66.78
ROTATING WEIGHT 46000 - -
TORQUE ON BOTTOM 100 - -
TORQUE OFF BOTTOM 50 - -
BIT RECORD Present Bit Previous Bit MUD PROPERTIES MUD MIXED TIME DISTRIBUTION
BIT NO 2 1 MW 9.5 GEL RU/RD 136
SIZE 12 1/4 17.5 VIS 41 SALTGEL DRLG 18 95
MFG Smith Atlas Copco PV 7 LIME REAM/WASH 1
TYPE EDH205 hammer YP 15 CAUSTIC 1 SURVEY 0.5
SER. NO 11155662 n/a GELS 11/18 SODA ASH 2 TRIP 2.5 12
NOZZLES 24/24/24 n/a pH 10.0 BARITE RIG SERV 2
TFA WL 19.0 HULLS CIRC & COND 3.5 4
OUT 1198 142 HP/HT magma fiber RUN CSG 7
IN 161 12 FC 2 BENTONITE WOC 0
FOOTAGE 1037 130 CL 700 bicarb NU BOP 0
HOURS 74 21 Ca 80 CEMENT RIG REPAIR 1
FT/HR 14 6 Sand tr LOG 0
hP/dia inch 0.6 Solids 5 FISHING/STUCK 0
IMP FORCE #DIV/0! Oil % CMT 4
DC Anlr Vel 120 air LCM TEST BOP 0
DP Anlr Vel 82 air WELD HEAD 0
JET PITS 0
DRLG CMT 0
BIT # 2 DULL COND: CUT DRLG LINE 0
ICS OCS DC LOC B/S G ODR RP Day Mud $ $667 MISC 10
2 2 NO N E O NO CP Cum Mud $ $72,097 TOTAL (Daily/cum) 24 272.5
TIME ACTIVITY RPM WOB ROP
START END HRS FROM TO Intermediate Section (M lbs) (fph)
0:00 18:00 18.00 1060 1198 Drill from 1060' to 1198' Top of Y-1 @ 1080' 65 20-25 8
18:00 20:00 2.00 Circulate for wiper trip
20:00 22:30 2.50 Make wiper trip to top of weight pipe, hole tight through clay sections Stroking 3 times e stand
22:30 0:00 1.50 Circulate for casing

0.00 DAILY AVG 8


SHOWS/FLARE REPORT BHA SURVEYS
Description Length DEPTH DEVIATION AZIMUTH
Bit 1.1 ft 630' 1.75deg
Stab 4.6 ft 1160' 6.5deg
LAST BOP TEST 3/7/2013 BS 2.5 ft
WASTE DISPOSAL SITE: 8"DC 29.0 ft
DAILY YDS SOLID - BBLS LIQUID Stab 6.5 ft
WELL CUM SOLID - 0 CUM LIQUID 0 8"DC 29.9 ft
Stab 6.3 ft
TOTAL DRILLED GAS 6-8"DCS 176.9 ft
GAS Units DC SIZE XO 2.5 ft
Background Gas: 8.00 2HWDP 62.3 ft
Connection Gas: XO 0.9 ft
Trip Gas: DP SIZE XO 0.6 ft
Max Gas: 4

ACCIDENTS FUEL (gals)


Start 7076 BHA Length 323.1 ft SLOW PUMP RATES
Received DRILL PIPE PSI SPM
NONE End 6504 WEIGHT OF BHA 30000 M Pump #1
DDR 06/02
NONE
Consumed 572 WEIGHT OF BHA (below jars) 0M Pump #2

DDR 06/02
DAILY DRILLING REPORT AFE DEPTH 4,500 AFE DAYS 33
AFE # : SOUTH CANAL BANK -1
LOCATION: Laguna Seca

WELL NAME: South Canal Bank -1 COUNTRY BELIZE STATE: Orangewalk DATE: 3/12/13 DAY: 18

DEPTH
OPERATIONS: Casing & Cement API#: 1198 PROGRESS: 0
(MD):

CONTRACTOR: MARANCO LTD Rig SUPV: Virgil Welch AFE $: Drlg $0 AFE $: Completed $4,571,295

TOTAL
PSI: 475 SPM: 124 423 DAILY COST: $52,512 CUM DRLG COST: $5,685,636
GPM:
DRILLING MECHANICS CASING STRINGS
PICK UP WEIGHT 46000 PLAN Actual TOL Size WT GRADE THRD LOT/FIT $/ft
SLACK OFF WEIGHT 46000 300' 161 13&3/8" 61# K-55 Weld 161 $ 66.78
ROTATING WEIGHT 46000 1200 1183 9&5/8" 43.5# K-55 BUTT 1183 $ 66.67
TORQUE ON BOTTOM 100 - -
TORQUE OFF BOTTOM 50 - -
BIT RECORD Present Bit Previous Bit MUD PROPERTIES MUD MIXED TIME DISTRIBUTION
BIT NO 2 MW 9.5 GEL 34 RU/RD 136
SIZE 12&1/4 VIS 41 SALTGEL DRLG 95
MFG Smith PV 7 LIME REAM/WASH 1
TYPE EDH205 YP 15 CAUSTIC 4 SURVEY 0.5
SER. NO 11155662 GELS 11/18 SODA ASH TRIP 3 15
NOZZLES 24/24/24 pH 10.0 BARITE RIG SERV 2
TFA WL 19.0 HULLS CIRC & COND 4.5 8.5
OUT 1198 HP/HT magma fiber RUN CSG 6.5 13.5
IN 161 FC 2 xanthan gum 10 WOC 6 6
FOOTAGE 1037 CL 700 bicarb NU BOP 3 3
HOURS 74 Ca 80 CEMENT RIG REPAIR 1
FT/HR 14 Sand tr LOG 0
hP/dia inch #DIV/0! 0.6 Solids 5 FISHING/STUCK 0
IMP FORCE #DIV/0! Oil % CMT 1 5
DC Anlr Vel 120 LCM TEST BOP 0
DP Anlr Vel 82 WELD HEAD 0
JET PITS 0
DRLG CMT 0
BIT # 2 DULL COND: CUT DRLG LINE 0
ICS OCS DC LOC B/S G ODR RP Day Mud $ $2,837 MISC 10
2 2 NO N E O NO CP Cum Mud $ $72,097 TOTAL (Daily/cum) 24 296.5
TIME ACTIVITY RPM WOB ROP
START END HRS FROM TO Run casing & cement (M lbs) (fph)
0:00 1:30 1.50 Circulate for casing
1:30 4:30 3.00 POH and lay down 8" DCS and 12.25" tools
4:30 6:00 1.50 Rig up to run 9&5/8" casing
6:00 11:00 5.00 Rig up and run 28 jts (1183') of 43.5# K-55 BUTT casing
11:00 13:00 2.00 Circulate casing conventional way
13:00 14:00 1.00 Circulate casing reverse method with Hydrill closed
14:00 15:00 1.00 Mix and pump 350sx(114bbl)(645.12cuft) of Class"C" cement w/3% gel, .02% dispersant, 0.01
% antifoam--yield 1.84---Density from 12.9-13.3ppg, had full returns through swedge the
entire job and measured 114bbl returns to mud tanks CIP@ 15:00
15:00 21:00 6.00 WOC
21:00 0:00 3.00 Slack off, cut off and nipple down Diverter system

0.00 DAILY AVG #DIV/0!


SHOWS/FLARE REPORT BHA SURVEYS
Description Length DEPTH DEVIATION AZIMUTH
630' 1.75deg
1160' 6.5deg
LAST BOP TEST 3/7/2013
WASTE DISPOSAL SITE:
DAILY YDS SOLID - BBLS LIQUID
WELL CUM SOLID - 0 CUM LIQUID 0

TOTAL DRILLED GAS


GAS Units DC SIZE
Background Gas: 8.00
Connection Gas:
Trip Gas: DP SIZE
Max Gas: 4

ACCIDENTS FUEL (gals)


Start 6504 BHA Length 0.0 ft SLOW PUMP RATES
Received DRILL PIPE PSI SPM
NONE End 6504 WEIGHT OF BHA Pump #1
DDR 06/02
NONE
Consumed 0 WEIGHT OF BHA (below jars) 0M Pump #2

DDR 06/02
DAILY DRILLING REPORT AFE DEPTH 4,500 AFE DAYS 33
AFE # : SOUTH CANAL BANK -1
LOCATION: Laguna Seca

WELL NAME: South Canal Bank -1 COUNTRY BELIZE STATE: Orangewalk DATE: 3/13/13 DAY: 19

DEPTH
OPERATIONS: Nipple up and drill out API#: 1205 PROGRESS: 7
(MD):

CONTRACTOR: MARANCO LTD Rig SUPV: Virgil Welch AFE $: Drlg $0 AFE $: Completed $4,571,295

TOTAL
PSI: 475 SPM: 120 423 DAILY COST: $71,734 CUM DRLG COST: $5,685,636
GPM:
DRILLING MECHANICS CASING STRINGS
PICK UP WEIGHT 51000 PLAN Actual TOL Size WT GRADE THRD LOT/FIT $/ft
SLACK OFF WEIGHT 51000 300' 161 13&3/8" 61# K-55 Weld 161 $ 66.78
ROTATING WEIGHT 51000 1200 1183 9&5/8" 43.5# K-55 BUTT 1183 $ 66.67
TORQUE ON BOTTOM 50 - -
TORQUE OFF BOTTOM 0 - -
BIT RECORD Present Bit Previous Bit MUD PROPERTIES MUD MIXED TIME DISTRIBUTION
BIT NO 3 2 MW 8.8 GEL 2 RU/RD 136
SIZE 8 1/2 12&1/4 VIS 36 SALTGEL DRLG 1 96
MFG Hughes Smith PV 13 LIME REAM/WASH 6.5 7.5
TYPE MXB20DX EDH205 YP 15 CAUSTIC SURVEY 0.5
SER. NO L8420D 11155662 GELS 3/6 SODA ASH TRIP 2 17
NOZZLES 24/24/24 24/24/24 pH 11.0 BARITE RIG SERV 2
TFA WL 17.0 HULLS CIRC & COND 8.5
OUT 1198 HP/HT magma fiber RUN CSG 13.5
IN 1198 161 FC 2 xanthan gum 2 WOC 6
FOOTAGE 7 1037 CL 500 bicarb 1 NU BOP 9.5 12.5
HOURS 1 74 Ca 80 CEMENT RIG REPAIR 1
FT/HR 7 14 Sand tr LOG 0
hP/dia inch 1.3 0.6 Solids 3 FISHING/STUCK 0
IMP FORCE #DIV/0! Oil % CMT 5
DC Anlr Vel 287 120 LCM TEST BOP 2.5 2.5
DP Anlr Vel 174 82 WELD HEAD 2 2
JET PITS 0
DRLG CMT 0
BIT # 2 DULL COND: CUT DRLG LINE 0
ICS OCS DC LOC B/S G ODR RP Day Mud $ $829 MISC 0.5 10.5
2 2 NO N E O NO CP Cum Mud $ $72,097 TOTAL (Daily/cum) 24 320.5
TIME ACTIVITY RPM WOB ROP
START END HRS FROM TO Nipple up and drill out (M lbs) (fph)
0:00 2:00 2.00 Weld on 9&5/8" wellhead
2:00 11:30 9.50 Nipple up BOP and choke and kill lines
11:30 14:00 2.50 Install test plug and pressure test all BOP to 250psi for 10min and 1500psi for 10min including
pipe rams, annular, HCR, inner and outer kill line and choke line valves, close blinds and test
shoe and blind rams to 250psi for 10min and 1500psi for 10min
14:00 15:00 1.00 Pick up BHA and RIH, tag cement @ 500'
15:00 22:30 7.50 Drill out cement from 500' to 1198' and change over to drilling mud
22:30 23:00 0.50 Drill 8' of new hole and perform FIT --closed pipe rams and pumped 1/4 bbl--pressured to
387psi and after 5 min leveled off @ 346psi. Drilling mud wt was 8.8 FMW=14.34ppg
23:00 0:00 1.00 POH to pick up weight pipe

0.00 DAILY AVG 7


SHOWS/FLARE REPORT BHA SURVEYS
Description Length DEPTH DEVIATION AZIMUTH
Bit 0.8 ft 630' 1.75deg
stab 5.5 ft 1160' 6.5deg
LAST BOP TEST 3/13/2013 DC 28.5 ft
WASTE DISPOSAL SITE: stab 5.4 ft
DAILY YDS SOLID - BBLS LIQUID DC 28.8 ft
WELL CUM SOLID - 0 CUM LIQUID 0 stab 5.4 ft
16DCS 378.5 ft
TOTAL DRILLED GAS
GAS Units DC SIZE
Background Gas: 8.00
Connection Gas:
Trip Gas: DP SIZE
Max Gas: 4

ACCIDENTS FUEL (gals)


Start 6504 BHA Length 452.8 ft SLOW PUMP RATES
Received DRILL PIPE PSI SPM
NONE End 6068 WEIGHT OF BHA Pump #1
DDR 06/02
NONE
Consumed 436 WEIGHT OF BHA (below jars) 0M Pump #2

DDR 06/02
DAILY DRILLING REPORT AFE DEPTH 4,500 AFE DAYS 33
AFE # : SOUTH CANAL BANK -1
LOCATION: Laguna Seca

WELL NAME: South Canal Bank -1 COUNTRY BELIZE STATE: Orangewalk DATE: 3/14/13 DAY: 20

DEPTH
OPERATIONS: Production Section API#: 1472 PROGRESS: 267
(MD):

CONTRACTOR: MARANCO LTD Rig SUPV: Virgil Welch AFE $: Drlg $0 AFE $: Completed $4,571,295

TOTAL
PSI: 475 SPM: 124 423 DAILY COST: $61,532 CUM DRLG COST: $5,685,636
GPM:
DRILLING MECHANICS CASING STRINGS
PICK UP WEIGHT 43000 PLAN Actual TOL Size WT GRADE THRD LOT/FIT $/ft
SLACK OFF WEIGHT 43000 300' 161 13&3/8" 61# K-55 Weld 161 $ 66.78
ROTATING WEIGHT 43000 1200 1183 9&5/8" 43.5# K-55 BUTT 1183 $ 66.67
TORQUE ON BOTTOM 100 - -
TORQUE OFF BOTTOM 50 - -
BIT RECORD Present Bit Previous Bit MUD PROPERTIES MUD MIXED TIME DISTRIBUTION
BIT NO 3 2 MW 8.8 GEL 253 RU/RD 136
SIZE 8 1/2 12&1/4 VIS 36 SALTGEL DRLG 18.5 114.5
MFG Hughes Smith PV 13 LIME REAM/WASH 7.5
TYPE MXB20DX EDH205 YP 15 CAUSTIC 5 SURVEY 0.5 1
SER. NO L8420D 11155662 GELS 3/6 SODA ASH 3 TRIP 1 18
NOZZLES 24/24/24 24/24/24 pH 11.0 BARITE RIG SERV 2
TFA WL 17.0 HULLS CIRC & COND 4 12.5
OUT 1198 HP/HT magma fiber 36 RUN CSG 13.5
IN 1198 161 FC 1.5 xanthan gum 9 WOC 6
FOOTAGE 274 1037 CL 500 bicarb NU BOP 12.5
HOURS 18.5 74 Ca 80 CEMENT RIG REPAIR 1
FT/HR 15 14 Sand tr PacL 6 LOG 0
hP/dia inch 1.3 0.6 Solids 3 BenEx 5 FISHING/STUCK 0
IMP FORCE #DIV/0! Oil % PolyPlus 1 CMT 5
DC Anlr Vel 317 120 LCM 10% TEST BOP 2.5
DP Anlr Vel 174 82 WELD HEAD 2
JET PITS 0
DRLG CMT 0
BIT # 2 DULL COND: CUT DRLG LINE 0
ICS OCS DC LOC B/S G ODR RP Day Mud $ $12,222 MISC 10.5
2 2 NO N E O NO CP Cum Mud $ $72,097 TOTAL (Daily/cum) 24 344.5
TIME ACTIVITY RPM WOB ROP
START END HRS FROM TO Production Section (M lbs) (fph)
0:00 1:00 1.00 RIH to bottom
1:00 10:00 9.00 1205 1295 Drill from 1205' to 1295' 65 20 10
10:00 10:30 0.50 Survey @ 1257' 5,75deg
10:30 17:30 7.00 1295 1418 Drill from 1295' to 1418' encountered particial losses 65 20 18
17:30 19:00 1.50 Mixing LCM pill and build volume
19:00 20:00 1.00 1418 1449 Drill from 1418' to 1449' with no returns 65 20 31
20:00 22:30 2.50 Pick and mix LCM pills and build volume
22:30 0:00 1.50 1449 1472 Drill from 1449' to 1472' with no returns 65 20 15

DAILY AVG 14
SHOWS/FLARE REPORT BHA SURVEYS
Description Length DEPTH DEVIATION AZIMUTH
Bit 0.8 ft 630' 1.75deg
stab 5.5 ft 1160' 6.5deg
LAST BOP TEST 3/13/2013 DC 28.5 ft 1257' 5.75deg
WASTE DISPOSAL SITE: stab 5.4 ft
DAILY YDS SOLID - BBLS LIQUID DC 28.8 ft
WELL CUM SOLID - 0 CUM LIQUID 0 stab 5.4 ft
13DC 378.5 ft
TOTAL DRILLED GAS 2HWDP 62.3 ft
GAS Units DC SIZE
Background Gas: 8.00
Connection Gas:
Trip Gas: DP SIZE
Max Gas: 4

ACCIDENTS FUEL (gals)


Start 6068 BHA Length 515.1 ft SLOW PUMP RATES
Received DRILL PIPE PSI SPM
NONE End 5476 WEIGHT OF BHA Pump #1
DDR 06/02
NONE
Consumed 592 WEIGHT OF BHA (below jars) 0M Pump #2

DDR 06/02
DAILY DRILLING REPORT AFE DEPTH 4,500 AFE DAYS 33
AFE # : SOUTH CANAL BANK -1
LOCATION: Laguna Seca

WELL NAME: South Canal Bank -1 COUNTRY BELIZE STATE: Orangewalk DATE: 3/15/13 DAY: 21

DEPTH
OPERATIONS: Production Section API#: 1480 PROGRESS: 8
(MD):

CONTRACTOR: MARANCO LTD Rig SUPV: Virgil Welch AFE $: Drlg $0 AFE $: Completed $4,571,295

TOTAL
PSI: 475 SPM: 124 423 DAILY COST: $54,972 CUM DRLG COST: $5,685,636
GPM:
DRILLING MECHANICS CASING STRINGS
PICK UP WEIGHT 43000 PLAN Actual TOL Size WT GRADE THRD LOT/FIT $/ft
SLACK OFF WEIGHT 43000 300' 161 13&3/8" 61# K-55 Weld 161 $ 66.78
ROTATING WEIGHT 43000 1200 1183 9&5/8" 43.5# K-55 BUTT 1183 $ 66.67
TORQUE ON BOTTOM 100 - -
TORQUE OFF BOTTOM 50 - -
BIT RECORD Present Bit Previous Bit MUD PROPERTIES MUD MIXED TIME DISTRIBUTION
BIT NO 3 2 MW 8.8 GEL 30 RU/RD 136
SIZE 8 1/2 12&1/4 VIS 36 SALTGEL DRLG 1.5 116
MFG Hughes Smith PV 13 LIME REAM/WASH 7.5
TYPE MXB20DX EDH205 YP 15 CAUSTIC SURVEY 1
SER. NO L8420D 11155662 GELS 3/6 SODA ASH TRIP 10 28
NOZZLES 24/24/24 24/24/24 pH 11.0 BARITE RIG SERV 2
TFA WL 17.0 HULLS CIRC & COND 1.5 14
OUT 1198 HP/HT magma fiber 12 RUN CSG 13.5
IN 1198 161 FC 1.5 xanthan gum WOC 10 16
FOOTAGE 282 1037 CL 500 bicarb NU BOP 12.5
HOURS 20 74 Ca 80 CEMENT RIG REPAIR 1
FT/HR 14 14 Sand tr PacL LOG 0
hP/dia inch 1.3 0.6 Solids 3 BenEx 1 FISHING/STUCK 0
IMP FORCE #DIV/0! Oil % PolyPlus 2 CMT 1 6
DC Anlr Vel 317 120 LCM 1% TEST BOP 2.5
DP Anlr Vel 174 82 WELD HEAD 2
JET PITS 0
DRLG CMT 0
BIT # 2 DULL COND: CUT DRLG LINE 0
ICS OCS DC LOC B/S G ODR RP Day Mud $ $2,174 MISC 10.5
2 2 NO N E O NO CP Cum Mud $ $72,097 TOTAL (Daily/cum) 24 368.5
TIME ACTIVITY RPM WOB ROP
START END HRS FROM TO Production Section (M lbs) (fph)
0:00 1:30 1.50 1472 1480 Drill from 1472' to 1480' with no returns 20 65 5
1:30 3:30 2.00 POH and stand back and lay down drilling assembly
3:30 5:00 1.50 RIH with open ended drill pipe to 1422'
5:00 5:30 0.50 Mix and pump 14bbls of Class"C" cement with 3%gel yield 1.78 Density 13.3ppg (plug #1)
Displace with 14bbl drilling mud
5:30 6:00 0.50 POH to 990'
6:00 12:00 6.00 WOC---prepare 65 jungle balls
12:00 1:00 1.00 POH with open ended drill pipe
13:00 14:00 1.00 Drop 65 jungle balls, leafs and sacks of jungle ball candles into hole
14:00 15:30 1.50 RIH with bit and 1 DC pushing jungle balls to 1472'
15:30 16:00 0.50 Mix and pump heavily loaded LCM pill
16:00 17:30 1.50 POH and lay down bit, DC and stabs
17:30 18:30 1.00 RIH with open ended drill pipe to 1422'
18:30 19:00 0.50 Held safety meeting, mixed and pumped 21bbls Class "C" cement w/3%gel and 1%CC
density 13.3ppg yield 1.78 displace w/11bbl drilling mud (plug #2)
19:00 20:00 1.00 POH with open ended drill pipe
20:00 0:00 4.00 WOC---prepare 65 jungle balls

0.00 DAILY AVG 5


SHOWS/FLARE REPORT BHA SURVEYS
Description Length DEPTH DEVIATION AZIMUTH
Bit 0.8 ft 630' 1.75deg
stab 5.5 ft 1160' 6.5deg
LAST BOP TEST 3/13/2013 DC 28.5 ft 1257' 5.75deg
WASTE DISPOSAL SITE: stab 5.4 ft
DAILY YDS SOLID - BBLS LIQUID DC 28.8 ft
WELL CUM SOLID - 0 CUM LIQUID 0 stab 5.4 ft
13DC 378.5 ft
TOTAL DRILLED GAS 2HWDP 62.3 ft
GAS Units DC SIZE
Background Gas: 8.00
Connection Gas:
Trip Gas: DP SIZE
Max Gas: 4

ACCIDENTS FUEL (gals)


Start 5476 BHA Length 515.1 ft SLOW PUMP RATES
Received DRILL PIPE PSI SPM
NONE End 5178 WEIGHT OF BHA Pump #1
DDR 06/02
NONE
Consumed 298 WEIGHT OF BHA (below jars) 0M Pump #2

DDR 06/02
DAILY DRILLING REPORT AFE DEPTH 4,500 AFE DAYS 33
AFE # : SOUTH CANAL BANK -1
LOCATION: Laguna Seca

WELL NAME: South Canal Bank -1 COUNTRY BELIZE STATE: Orangewalk DATE: 3/16/13 DAY: 22

DEPTH
OPERATIONS: Production Section API#: 1480 PROGRESS: 0
(MD):

CONTRACTOR: MARANCO LTD Rig SUPV: Virgil Welch AFE $: Drlg $0 AFE $: Completed $4,571,295

TOTAL
PSI: 475 SPM: 124 423 DAILY COST: $51,876 CUM DRLG COST: $5,685,636
GPM:
DRILLING MECHANICS CASING STRINGS
PICK UP WEIGHT 43000 PLAN Actual TOL Size WT GRADE THRD LOT/FIT $/ft
SLACK OFF WEIGHT 43000 300' 161 13&3/8" 61# K-55 Weld 161 $ 66.78
ROTATING WEIGHT 43000 1200 1183 9&5/8" 43.5# K-55 BUTT 1183 $ 66.67
TORQUE ON BOTTOM 100 - -
TORQUE OFF BOTTOM 50 - -
BIT RECORD Present Bit Previous Bit MUD PROPERTIES MUD MIXED TIME DISTRIBUTION
BIT NO 3 2 MW 8.8 GEL 70 RU/RD 136
SIZE 8 1/2 12&1/4 VIS 36 SALTGEL DRLG 116
MFG Hughes Smith PV 13 LIME REAM/WASH 7.5
TYPE MXB20DX EDH205 YP 15 CAUSTIC 3 SURVEY 1
SER. NO L8420D 11155662 GELS 3/6 SODA ASH TRIP 6.5 34.5
NOZZLES 24/24/24 24/24/24 pH 11.0 BARITE RIG SERV 2
TFA WL 17.0 HULLS CIRC & COND 5 19
OUT 1198 HP/HT magma fiber 12 RUN CSG 13.5
IN 1198 161 FC 1.5 xanthan gum WOC 11 16
FOOTAGE 282 1037 CL 500 bicarb 2 NU BOP 12.5
HOURS 20 74 Ca 80 CEMENT RIG REPAIR 1
FT/HR 14 14 Sand tr PacL LOG 0
hP/dia inch 1.3 0.6 Solids 3 BenEx 10 FISHING/STUCK 0
IMP FORCE #DIV/0! Oil % PolyPlus CMT 1 6
DC Anlr Vel 317 120 LCM TEST BOP 2.5
DP Anlr Vel 174 82 WELD HEAD 2
JET PITS 0
DRLG CMT 0.5 0.5
BIT # 2 DULL COND: CUT DRLG LINE 0
ICS OCS DC LOC B/S G ODR RP Day Mud $ $3,796 MISC 10.5
2 2 NO N E O NO CP Cum Mud $ $72,097 TOTAL (Daily/cum) 24 380.5
TIME ACTIVITY RPM WOB ROP
START END HRS FROM TO Production Section (M lbs) (fph)
0:00 6:30 6.50 WOC --@ 2:30 fill hole with 20bbl-level 62'-pump 10bbls and hole filled--after 15min dropped 6'
6:30 7:30 1.00 RIH open ended to 1360'
7:30 8:30 1.00 circulate down to 1422'
8:30 9:00 0.50 Mix and pump 21bbls of Class"C" cement w/3%gel &2%cc yield1.78 density 13.3 (plug#3)
9:00 9:30 0.50 POH with open ended drill pipe --check fluid level when out of hole 249'
9:30 14:00 6.50 WOC @ 12:30 fluid level was 210'
14:00 16:00 2.00 RIH w/ bit and tag cement @ 1321'
16:00 18:30 2.50 Clean out cement from 1321' to 1480' --Lost all returns @ 1430'
18:30 20:00 1.50 pump 100bbl LCM pill and POH
20:00 21:00 1.00 drop in hole 21 virg spears,34 bentonite candles and 201 jungle balls
21:00 22:30 1.50 RIH pushing jungle balls to 1462'
22:30 0:00 1.50 wash jungle balls and ream to bottom of 1480'

DAILY AVG #DIV/0!


SHOWS/FLARE REPORT BHA SURVEYS
Description Length DEPTH DEVIATION AZIMUTH
Bit 0.8 ft 630' 1.75deg
stab 5.5 ft 1160' 6.5deg
LAST BOP TEST 3/13/2013 DC 28.5 ft 1257' 5.75deg
WASTE DISPOSAL SITE: stab 5.4 ft
DAILY YDS SOLID - BBLS LIQUID DC 28.8 ft
WELL CUM SOLID - 0 CUM LIQUID 0 stab 5.4 ft
13DC 378.5 ft
TOTAL DRILLED GAS 2HWDP 62.3 ft
GAS Units DC SIZE
Background Gas: 8.00
Connection Gas:
Trip Gas: DP SIZE
Max Gas: 4

ACCIDENTS FUEL (gals)


Start 5178 BHA Length 515.1 ft SLOW PUMP RATES
Received DRILL PIPE PSI SPM
NONE End 4582 WEIGHT OF BHA Pump #1
DDR 06/02
NONE
Consumed 596 WEIGHT OF BHA (below jars) 0M Pump #2

DDR 06/02
DAILY DRILLING REPORT AFE DEPTH 4,500 AFE DAYS 33
AFE # : SOUTH CANAL BANK -1
LOCATION: Laguna Seca

WELL NAME: South Canal Bank -1 COUNTRY BELIZE STATE: Orangewalk DATE: 3/17/13 DAY: 23

DEPTH
OPERATIONS: Production Section API#: 1480 PROGRESS: 0
(MD):

CONTRACTOR: MARANCO LTD Rig SUPV: Virgil Welch AFE $: Drlg $0 AFE $: Completed $4,571,295

TOTAL
PSI: 475 SPM: 124 423 DAILY COST: $48,295 CUM DRLG COST: $5,685,636
GPM:
DRILLING MECHANICS CASING STRINGS
PICK UP WEIGHT 43000 PLAN Actual TOL Size WT GRADE THRD LOT/FIT $/ft
SLACK OFF WEIGHT 43000 300' 161 13&3/8" 61# K-55 Weld 161 $ 66.78
ROTATING WEIGHT 43000 1200 1183 9&5/8" 43.5# K-55 BUTT 1183 $ 66.67
TORQUE ON BOTTOM 100 - -
TORQUE OFF BOTTOM 50 - -
BIT RECORD Present Bit Previous Bit MUD PROPERTIES MUD MIXED TIME DISTRIBUTION
BIT NO 3 2 MW 8.8 GEL 18 RU/RD 136
SIZE 8 1/2 12&1/4 VIS 36 SALTGEL DRLG 116
MFG Hughes Smith PV 13 LIME REAM/WASH 2.5 10
TYPE MXB20DX EDH205 YP 15 CAUSTIC 1 SURVEY 1
SER. NO L8420D 11155662 GELS 3/6 SODA ASH TRIP 11.5 46
NOZZLES 24/24/24 24/24/24 pH 11.0 BARITE RIG SERV 2
TFA WL 17.0 HULLS CIRC & COND 1 20
OUT 1198 HP/HT magma fiber 4 RUN CSG 13.5
IN 1198 161 FC 1.5 xanthan gum WOC 7 23
FOOTAGE 282 1037 CL 500 bicarb NU BOP 12.5
HOURS 20 74 Ca 80 CEMENT RIG REPAIR 1
FT/HR 14 14 Sand tr PacL LOG 0
hP/dia inch 1.3 0.6 Solids 3 BenEx FISHING/STUCK 0
IMP FORCE #DIV/0! Oil % PolyPlus 1 CMT 2 8
DC Anlr Vel 317 120 LCM TEST BOP 2.5
DP Anlr Vel 174 82 WELD HEAD 2
JET PITS 0
DRLG CMT 0.5
BIT # 2 DULL COND: CUT DRLG LINE 0
ICS OCS DC LOC B/S G ODR RP Day Mud $ $1,355 MISC 10.5
2 2 NO N E O NO CP Cum Mud $ $72,097 TOTAL (Daily/cum) 24 404.5
TIME ACTIVITY RPM WOB ROP
START END HRS FROM TO Production Section (M lbs) (fph)
0:00 1:30 1.50 POH with bit and check fluid level @ 206'
1:30 3:00 1.50 RIH w/ open ended drill pipe to 1452'
3:00 4:00 1.00 mix and pump 42bbls Class"C" cement w/3%gel & 2%cc yield1.78 density 13.3 (plug#4)
4:00 5:00 1.00 POH with open ended drill pipe
5:00 11:00 6.00 WOC fluid level 240'
11:00 12:00 1.00 RIH w/bit and tag cement @ 1365'
12:00 14:00 2.00 Clean out cement from 1365' to 1480' Lost returns @ 1470' Spot LCM pill on bottom
14:00 15:00 1.00 POH and drop 303 jungle balls and spears in hole
15:00 15:30 0.50 Push spears and jungle balls to 1453'
15:30 16:30 1.00 pushing and reaming balls to 1475'
16:30 18:00 1.50 POH w/ bit
18:00 19:30 1.50 RIH to 1475' with open ended drill pipe
19:30 20:30 1.00 mix and pump 42bbls Class"C" cement w/3%gel yield1.78 density 13.3 (plug#5)
20:30 21:30 1.00 POH with open ended drill pipe fluid level 160'
21:30 0:00 2.50 WOC

0.00 DAILY AVG #DIV/0!


SHOWS/FLARE REPORT BHA SURVEYS
Description Length DEPTH DEVIATION AZIMUTH
Bit 0.8 ft 630' 1.75deg
stab 5.5 ft 1160' 6.5deg
LAST BOP TEST 3/13/2013 DC 28.5 ft 1257' 5.75deg
WASTE DISPOSAL SITE: stab 5.4 ft
DAILY YDS SOLID - BBLS LIQUID DC 28.8 ft
WELL CUM SOLID - 0 CUM LIQUID 0 stab 5.4 ft
13DC 378.5 ft
TOTAL DRILLED GAS 2HWDP 62.3 ft
GAS Units DC SIZE
Background Gas: 8.00
Connection Gas:
Trip Gas: DP SIZE
Max Gas: 4

ACCIDENTS FUEL (gals)


Start 4582 BHA Length 515.1 ft SLOW PUMP RATES
Received DRILL PIPE PSI SPM
NONE End 4434 WEIGHT OF BHA Pump #1
DDR 06/02
NONE
Consumed 148 WEIGHT OF BHA (below jars) 0M Pump #2

DDR 06/02
DAILY DRILLING REPORT AFE DEPTH 4,500 AFE DAYS 33
AFE # : SOUTH CANAL BANK -1
LOCATION: Laguna Seca

WELL NAME: South Canal Bank -1 COUNTRY BELIZE STATE: Orangewalk DATE: 3/18/13 DAY: 24

DEPTH
OPERATIONS: Production Section API#: 1590 PROGRESS: 110
(MD):

CONTRACTOR: MARANCO LTD Rig SUPV: Virgil Welch AFE $: Drlg $0 AFE $: Completed $4,571,295

TOTAL
PSI: 475 SPM: 124 423 DAILY COST: $57,863 CUM DRLG COST: $5,685,636
GPM:
DRILLING MECHANICS CASING STRINGS
PICK UP WEIGHT 34000 PLAN Actual TOL Size WT GRADE THRD LOT/FIT $/ft
SLACK OFF WEIGHT 34000 300' 161 13&3/8" 61# K-55 Weld 161 $ 66.78
ROTATING WEIGHT 34000 1200 1183 9&5/8" 43.5# K-55 BUTT 1183 $ 66.67
TORQUE ON BOTTOM 100 - -
TORQUE OFF BOTTOM 50 - -
BIT RECORD Present Bit Previous Bit MUD PROPERTIES MUD MIXED TIME DISTRIBUTION
BIT NO 3 2 MW 8.8 GEL 79 RU/RD 136
SIZE 8 1/2 12&1/4 VIS 36 SALTGEL DRLG 5.5 121.5
MFG Hughes Smith PV 13 LIME REAM/WASH 2 12
TYPE MXB20DX EDH205 YP 15 CAUSTIC 2 SURVEY 1
SER. NO L8420D 11155662 GELS 3/6 SODA ASH TRIP 7 53
NOZZLES 24/24/24 24/24/24 pH 11.0 BARITE RIG SERV 2
TFA WL 17.0 HULLS CIRC & COND 1 21
OUT 1198 HP/HT magma fiber 4 RUN CSG 13.5
IN 1198 161 FC 1.5 xanthan gum 2 WOC 7.5 30.5
FOOTAGE 392 1037 CL 500 bicarb NU BOP 12.5
HOURS 25.5 74 Ca 80 CEMENT RIG REPAIR 1
FT/HR 15 14 Sand tr PacL LOG 0
hP/dia inch 1.3 0.6 Solids 3 BenEx FISHING/STUCK 0
IMP FORCE #DIV/0! Oil % PolyPlus 1 CMT 1 9
DC Anlr Vel 317 120 LCM TEST BOP 2.5
DP Anlr Vel 174 82 WELD HEAD 2
JET PITS 0
DRLG CMT 0.5
BIT # 2 DULL COND: CUT DRLG LINE 0
ICS OCS DC LOC B/S G ODR RP Day Mud $ $3,349 MISC 10.5
2 2 NO N E O NO CP Cum Mud $ $72,097 TOTAL (Daily/cum) 24 428.5
TIME ACTIVITY RPM WOB ROP
START END HRS FROM TO Production Section (M lbs) (fph)
0:00 6:006.00 WOC fluid level @ 177'
6:00 8:302.50 RIH w/ drilling assembly and tag cement @ 1372'
8:30 10:30
2.00 Drill cement from 1372' to 1480'
10:30 16:00
5.50 1480 1590 Drill new hole from 1480' to 1590' lost partial returns @ 1587' drill 3' w/partial returns 15 60 20
16:00 17:00
1.00 Mix and pump 80bbl LCM Pill
17:00 20:00
3.00 POH with drilling Assembly
20:00 21:00
1.00 RIH to 1551' with open ended drill pipe
21:00 22:00 1.00 Held safety meeting, mix and pump 8bbls Class"C" cement loaded with LCM w/ grout pump
Followed by 42bbls Class"C" w/ 2%calcium chloride CIP@22:00 (Plug #6)
22:00 22:30 0.50 POH w/ open ended drill pipe
22:30 0:00 1.50 WOC

0.00 DAILY AVG 20


SHOWS/FLARE REPORT BHA SURVEYS
Description Length DEPTH DEVIATION AZIMUTH
Bit 0.8 ft 630' 1.75deg
stab 5.5 ft 1160' 6.5deg
LAST BOP TEST 3/13/2013 DC 28.5 ft 1257' 5.75deg
WASTE DISPOSAL SITE: stab 5.4 ft
DAILY YDS SOLID - BBLS LIQUID DC 28.8 ft
WELL CUM SOLID - 0 CUM LIQUID 0 stab 5.4 ft
13DC 378.5 ft
TOTAL DRILLED GAS 2HWDP 62.3 ft
GAS Units DC SIZE
Background Gas: 8.00
Connection Gas:
Trip Gas: DP SIZE
Max Gas: 4

ACCIDENTS FUEL (gals)


Start 4434 BHA Length 515.1 ft SLOW PUMP RATES
Received DRILL PIPE PSI SPM
NONE End 4434 WEIGHT OF BHA Pump #1
DDR 06/02
NONE
Consumed 0 WEIGHT OF BHA (below jars) 0M Pump #2

DDR 06/02
DAILY DRILLING REPORT AFE DEPTH 4,500 AFE DAYS 33
AFE # : SOUTH CANAL BANK -1
LOCATION: Laguna Seca

WELL NAME: South Canal Bank -1 COUNTRY BELIZE STATE: Orangewalk DATE: 3/19/13 DAY: 25

DEPTH
OPERATIONS: Production Section API#: 1590 PROGRESS: 0
(MD):

CONTRACTOR: MARANCO LTD Rig SUPV: Virgil Welch AFE $: Drlg $0 AFE $: Completed $4,571,295

TOTAL
PSI: 300 SPM: 90 307 DAILY COST: $51,591 CUM DRLG COST: $5,685,636
GPM:
DRILLING MECHANICS CASING STRINGS
PICK UP WEIGHT 34000 PLAN Actual TOL Size WT GRADE THRD LOT/FIT $/ft
SLACK OFF WEIGHT 34000 300' 161 13&3/8" 61# K-55 Weld 161 $ 66.78
ROTATING WEIGHT 34000 1200 1183 9&5/8" 43.5# K-55 BUTT 1183 $ 66.67
TORQUE ON BOTTOM 100 - -
TORQUE OFF BOTTOM 50 - -
BIT RECORD Present Bit Previous Bit MUD PROPERTIES MUD MIXED TIME DISTRIBUTION
BIT NO 3 2 MW 8.8 GEL 53 RU/RD 136
SIZE 8 1/2 12&1/4 VIS 38 SALTGEL DRLG 121.5
MFG Hughes Smith PV 18 LIME REAM/WASH 3 15
TYPE MXB20DX EDH205 YP 22 CAUSTIC 1 SURVEY 1
SER. NO L8420D 11155662 GELS 12/19 SODA ASH 2 TRIP 2 55
NOZZLES 24/24/24 24/24/24 pH 11.0 BARITE RIG SERV 2
TFA WL 38.0 HULLS CIRC & COND 3.5 24.5
OUT 1198 HP/HT magma fiber RUN CSG 13.5
IN 1198 161 FC 4 xanthan gum 5 WOC 15.5 46
FOOTAGE 392 1037 CL 500 bicarb 6 NU BOP 12.5
HOURS 25.5 74 Ca 80 CEMENT RIG REPAIR 1
FT/HR 15 14 Sand tr PacL LOG 0
hP/dia inch 0.6 0.6 Solids 3 BenEx FISHING/STUCK 0
IMP FORCE #DIV/0! Oil % PolyPlus CMT 9
DC Anlr Vel 250 120 LCM TEST BOP 2.5
DP Anlr Vel 127 82 WELD HEAD 2
JET PITS 0
DRLG CMT 0.5
BIT # 2 DULL COND: CUT DRLG LINE 0
ICS OCS DC LOC B/S G ODR RP Day Mud $ $2,941 MISC 10.5
2 2 NO N E O NO CP Cum Mud $ $72,097 TOTAL (Daily/cum) 24 452.5
TIME ACTIVITY RPM WOB ROP
START END HRS FROM TO Production Section (M lbs) (fph)
0:00 10:30 10.50 WOC Fluid Level @ 2:00=210' @6:00=207' Fill hole@7:00 took 18bbls
10:30 12;30 2.00 RIH with Drilling Assembly @ tag cement @ 1400'
12:30 13:00 0.50 Drill out cement from 1400' to 1421' (drilled well over 100'/hr) soft
13:00 16:00 3.00 Circulate and WOC
16:00 16:30 0.50 Drill out cement from 1421' to 1451' (drilled 70-100'/hr) getting harder but still too soft
16:30 22:00 5.50 Circulate and WOC
22:00 0:00 2.00 Drill out cement from 1451' to 1544' (drilled 40-60'/hr) hard cement

0.00 DAILY AVG #DIV/0!


SHOWS/FLARE REPORT BHA SURVEYS
Description Length DEPTH DEVIATION AZIMUTH
Bit 0.8 ft 630' 1.75deg
stab 5.5 ft 1160' 6.5deg
LAST BOP TEST 3/13/2013 DC 28.5 ft 1257' 5.75deg
WASTE DISPOSAL SITE: stab 5.4 ft
DAILY YDS SOLID - BBLS LIQUID DC 28.8 ft
WELL CUM SOLID - 0 CUM LIQUID 0 stab 5.4 ft
13DC 378.5 ft
TOTAL DRILLED GAS 2HWDP 62.3 ft
GAS Units DC SIZE
Background Gas: 8.00
Connection Gas:
Trip Gas: DP SIZE
Max Gas: 4

ACCIDENTS FUEL (gals)


Start 4434 BHA Length 515.1 ft SLOW PUMP RATES
Received DRILL PIPE PSI SPM
NONE End 3554 WEIGHT OF BHA 25000 M Pump #1
DDR 06/02
NONE
Consumed 880 WEIGHT OF BHA (below jars) 0M Pump #2

DDR 06/02
DAILY DRILLING REPORT AFE DEPTH 4,500 AFE DAYS 33
AFE # : SOUTH CANAL BANK -1
LOCATION: Laguna Seca

WELL NAME: South Canal Bank -1 COUNTRY BELIZE STATE: Orangewalk DATE: 3/20/13 DAY: 26

DEPTH
OPERATIONS: Production Section API#: 1860 PROGRESS: 270
(MD):

CONTRACTOR: MARANCO LTD Rig SUPV: Virgil Welch AFE $: Drlg $0 AFE $: Completed $4,571,295

TOTAL
PSI: 325 SPM: 92 314 DAILY COST: $54,874 CUM DRLG COST: $5,685,636
GPM:
DRILLING MECHANICS CASING STRINGS
PICK UP WEIGHT 34000 PLAN Actual TOL Size WT GRADE THRD LOT/FIT $/ft
SLACK OFF WEIGHT 34000 300' 161 13&3/8" 61# K-55 Weld 161 $ 66.78
ROTATING WEIGHT 34000 1200 1183 9&5/8" 43.5# K-55 BUTT 1183 $ 66.67
TORQUE ON BOTTOM 100 - -
TORQUE OFF BOTTOM 50 - -
BIT RECORD Present Bit Previous Bit MUD PROPERTIES MUD MIXED TIME DISTRIBUTION
BIT NO 3 2 MW 9.0 GEL 30 RU/RD 136
SIZE 8 1/2 12&1/4 VIS 39 SALTGEL DRLG 21.5 143
MFG Hughes Smith PV 10 LIME REAM/WASH 0.5 15.5
TYPE MXB20DX EDH205 YP 8 CAUSTIC 3 SURVEY 2 3
SER. NO L8420D 11155662 GELS 1/5 SODA ASH 3 TRIP 55
NOZZLES 24/24/24 24/24/24 pH 11.0 BARITE RIG SERV 2
TFA WL 15.0 HULLS CIRC & COND 24.5
OUT 1198 HP/HT magma fiber RUN CSG 13.5
IN 1198 161 FC 2 xanthan gum 7 WOC 46
FOOTAGE 662 1037 CL 600 bicarb NU BOP 12.5
HOURS 47 74 Ca 80 CEMENT RIG REPAIR 1
FT/HR 14 14 Sand tr PacL 12 LOG 0
hP/dia inch 0.6 0.6 Solids 4 BenEx FISHING/STUCK 0
IMP FORCE #DIV/0! Oil % PolyPlus CMT 9
DC Anlr Vel 256 120 LCM 0% TEST BOP 2.5
DP Anlr Vel 132 82 WELD HEAD 2
JET PITS 0
DRLG CMT 0.5
BIT # 2 DULL COND: CUT DRLG LINE 0
ICS OCS DC LOC B/S G ODR RP Day Mud $ $4,824 MISC 10.5
2 2 NO N E O NO CP Cum Mud $ $72,097 TOTAL (Daily/cum) 24 476.5
TIME ACTIVITY RPM WOB ROP
START END HRS FROM TO Production Section (M lbs) (fph)
0:00 :30 0.50 Drill out cement from 1544' to 1587'
:30 17:00 16.50 1587 1791 Drill from 1587' to 1791' with no losses 60 20 12
17:00 18:00 1.00 Circulate and survey @ 1753' failed
18:00 19:30 1.50 1791 1822 Drill from 1791' to 1822' with no losses 60 20 21
19:30 20:30 1.00 Survey @ 1783' .5deg
20:30 0:00 3.50 1822 1860 Drill from 1822' to 1860' with no losses 65 20 11

NOTE:1636'-1902' fnt cut fl, fnt resid ring, fnt petrol odor @ shaker

DAILY AVG 13
SHOWS/FLARE REPORT BHA SURVEYS
Description Length DEPTH DEVIATION AZIMUTH
Bit 0.8 ft 630' 1.75deg
stab 5.5 ft 1160' 6.5deg
LAST BOP TEST 3/13/2013 DC 28.5 ft 1257' 5.75deg
WASTE DISPOSAL SITE: stab 5.4 ft
DAILY YDS SOLID - BBLS LIQUID DC 28.8 ft
WELL CUM SOLID - 0 CUM LIQUID 0 stab 5.4 ft
13DC 378.5 ft
TOTAL DRILLED GAS 2HWDP 62.3 ft
GAS Units DC SIZE
Background Gas: 0 8.00
Connection Gas: 0
Trip Gas: 0 DP SIZE
Max Gas: 0 4

ACCIDENTS FUEL (gals)


Start 3554 BHA Length 515.1 ft SLOW PUMP RATES
Received DRILL PIPE 1330 ft PSI SPM
NONE End 3124 WEIGHT OF BHA 25000 M Pump #1
DDR 06/02
NONE
Consumed 430 WEIGHT OF BHA (below jars) 0M Pump #2

DDR 06/02
DAILY DRILLING REPORT AFE DEPTH 4,500 AFE DAYS 33
AFE # : SOUTH CANAL BANK -1
LOCATION: Laguna Seca

WELL NAME: South Canal Bank -1 COUNTRY BELIZE STATE: Orangewalk DATE: 3/21/13 DAY: 27

DEPTH
OPERATIONS: Production Section API#: 2100 PROGRESS: 240
(MD):

CONTRACTOR: MARANCO LTD Rig SUPV: Virgil Welch AFE $: Drlg $0 AFE $: Completed $4,571,295

TOTAL
PSI: 425 SPM: 105 358 DAILY COST: $52,041 CUM DRLG COST: $5,685,636
GPM:
DRILLING MECHANICS CASING STRINGS
PICK UP WEIGHT 56000 PLAN Actual TOL Size WT GRADE THRD LOT/FIT $/ft
SLACK OFF WEIGHT 56000 300' 161 13&3/8" 61# K-55 Weld 161 $ 66.78
ROTATING WEIGHT 56000 1200 1183 9&5/8" 43.5# K-55 BUTT 1183 $ 66.67
TORQUE ON BOTTOM 100 - -
TORQUE OFF BOTTOM 50 - -
BIT RECORD Present Bit Previous Bit MUD PROPERTIES MUD MIXED TIME DISTRIBUTION
BIT NO 3 2 MW 9.0 GEL 13 RU/RD 136
SIZE 8 1/2 12&1/4 VIS 38 SALTGEL DRLG 24 167
MFG Hughes Smith PV 13 LIME REAM/WASH 15.5
TYPE MXB20DX EDH205 YP 12 CAUSTIC 2 SURVEY 3
SER. NO L8420D 11155662 GELS 2/9 SODA ASH 4 TRIP 55
NOZZLES 24/24/24 24/24/24 pH 11.0 BARITE RIG SERV 2
TFA WL 13.5 HULLS CIRC & COND 24.5
OUT 1198 HP/HT magma fiber RUN CSG 13.5
IN 1198 161 FC 1.5 xanthan gum 3 WOC 46
FOOTAGE 902 1037 CL 600 bicarb NU BOP 12.5
HOURS 71 74 Ca 80 CEMENT RIG REPAIR 1
FT/HR 13 14 Sand tr PacL 3 LOG 0
hP/dia inch 1.0 0.6 Solids 4 BenEx FISHING/STUCK 0
IMP FORCE #DIV/0! Oil % PolyPlus CMT 9
DC Anlr Vel 292 120 LCM 0% TEST BOP 2.5
DP Anlr Vel 153 82 WELD HEAD 2
JET PITS 0
DRLG CMT 0.5
BIT # 2 DULL COND: CUT DRLG LINE 0
ICS OCS DC LOC B/S G ODR RP Day Mud $ $2,141 MISC 10.5
2 2 NO N E O NO CP Cum Mud $ $72,097 TOTAL (Daily/cum) 24 500.5
TIME ACTIVITY RPM WOB ROP
START END HRS FROM TO Production Section (M lbs) (fph)
0:00 0:00 24.00 1860 2100 Drill from 1860' to 2100' with full returns 65 20-25 10

NOTE:1902'-2148' no cut fl, fnt petrol odor in sample

0.00 DAILY AVG 10


SHOWS/FLARE REPORT BHA SURVEYS
Description Length DEPTH DEVIATION AZIMUTH
Bit 0.8 ft 630' 1.75deg
stab 5.5 ft 1160' 6.5deg
LAST BOP TEST 3/13/2013 DC 28.5 ft 1257' 5.75deg
WASTE DISPOSAL SITE: stab 5.4 ft 1783' .5deg
DAILY YDS SOLID - BBLS LIQUID DC 28.8 ft
WELL CUM SOLID - 0 CUM LIQUID 0 stab 5.4 ft
13DC 378.5 ft
TOTAL DRILLED GAS 2HWDP 62.3 ft
GAS Units DC SIZE
Background Gas: 0 8.00
Connection Gas: 0
Trip Gas: 0 DP SIZE
Max Gas: 0 4

ACCIDENTS FUEL (gals)


Start 3124 BHA Length 515.1 ft SLOW PUMP RATES
Received DRILL PIPE 1330 ft PSI SPM
NONE End 2294 WEIGHT OF BHA 25000 M Pump #1
DDR 06/02
NONE
Consumed 830 WEIGHT OF BHA (below jars) 0M Pump #2

DDR 06/02
DAILY DRILLING REPORT AFE DEPTH 4,500 AFE DAYS 33
AFE # : SOUTH CANAL BANK -1
LOCATION: Laguna Seca

WELL NAME: South Canal Bank -1 COUNTRY BELIZE STATE: Orangewalk DATE: 3/22/13 DAY: 28

DEPTH
OPERATIONS: Production Section API#: 2298 PROGRESS: 198
(MD):

CONTRACTOR: MARANCO LTD Rig SUPV: Virgil Welch AFE $: Drlg $0 AFE $: Completed $4,571,295

TOTAL
PSI: 600 SPM: 120 409 DAILY COST: $68,958 CUM DRLG COST: $5,685,636
GPM:
DRILLING MECHANICS CASING STRINGS
PICK UP WEIGHT 54000 PLAN Actual TOL Size WT GRADE THRD LOT/FIT $/ft
SLACK OFF WEIGHT 51000 300' 161 13&3/8" 61# K-55 Weld 161 $ 66.78
ROTATING WEIGHT 51000 1200 1183 9&5/8" 43.5# K-55 BUTT 1183 $ 66.67
TORQUE ON BOTTOM 400 - -
TORQUE OFF BOTTOM 50 - -
BIT RECORD Present Bit Previous Bit MUD PROPERTIES MUD MIXED TIME DISTRIBUTION
BIT NO 4 3 MW 9.0 GEL 4 RU/RD 136
SIZE 8 1/2 8&1/2 VIS 40 SALTGEL DRLG 18.5 185.5
MFG Christionson Hughes PV 12 LIME REAM/WASH 15.5
TYPE R-482 MXB20DX YP 9 CAUSTIC 4 SURVEY 3
SER. NO C816137 L8420D GELS 2/7 SODA ASH 5 TRIP 5 60
NOZZLES open 24/24/24 pH 11.0 BARITE RIG SERV 2
TFA WL 14.2 HULLS CIRC & COND 0.5 25
OUT 2192 HP/HT magma fiber RUN CSG 13.5
IN 2192 1198 FC 1.5 xanthan gum 2 WOC 46
FOOTAGE 106 994 CL 700 bicarb NU BOP 12.5
HOURS 9.5 83.5 Ca 80 CEMENT RIG REPAIR 1
FT/HR 11 12 Sand tr PacL LOG 0
hP/dia inch 1.6 0.6 Solids 4 BenEx FISHING/STUCK 0
IMP FORCE #DIV/0! Oil % 0 PolyPlus CMT 9
DC Anlr Vel 334 292 LCM 0% Flo Trol 3 TEST BOP 2.5
DP Anlr Vel 176 153 WELD HEAD 2
JET PITS 0
DRLG CMT 0.5
BIT # 3 DULL COND: CUT DRLG LINE 0
ICS OCS DC LOC B/S G ODR RP Day Mud $ $1,988 MISC 10.5
4 4 BT M E O BT PR Cum Mud $ $72,097 TOTAL (Daily/cum) 24 524.5
TIME ACTIVITY RPM WOB ROP
START END HRS FROM TO Production Section (M lbs) (fph)
0:00 9:00 9.00 2100 2192 Drill from 2100' to 2192' 65 25 10
9:00 9:30 0.50 Circulate for trip
9:30 12:00 2.50 POH and change bit
12:00 14:30 2.50 RIH with bit #4 PDC
14:30 0:00 9.50 2192 2298 Drill from 2192' to 2298' w/PDC 60-85 5-30 11

NOTE: 2148-2315 no cut fl, fnt petrol odor in sample

DAILY AVG 11
SHOWS/FLARE REPORT BHA SURVEYS
Description Length DEPTH DEVIATION AZIMUTH
Bit 0.8 ft 630' 1.75deg
stab 5.5 ft 1160' 6.5deg
LAST BOP TEST 3/13/2013 DC 28.5 ft 1257' 5.75deg
WASTE DISPOSAL SITE: stab 5.4 ft 1783' .5deg
DAILY YDS SOLID - BBLS LIQUID DC 28.8 ft
WELL CUM SOLID - 0 CUM LIQUID 0 stab 5.4 ft
13DC 378.5 ft
TOTAL DRILLED GAS 2HWDP 62.3 ft
GAS Units DC SIZE
Background Gas: 0 8.00
Connection Gas: 0
Trip Gas: 0 DP SIZE
Max Gas: 0 4

ACCIDENTS FUEL (gals)


Start 2294 BHA Length 515.1 ft SLOW PUMP RATES
Received 5000 DRILL PIPE 1330 ft PSI SPM
NONE End 6650 WEIGHT OF BHA 30000 M Pump #1
DDR 06/02
NONE
Consumed 644 WEIGHT OF BHA (below jars) 0M Pump #2

DDR 06/02
DAILY DRILLING REPORT AFE DEPTH 4,500 AFE DAYS 33
AFE # : SOUTH CANAL BANK -1
LOCATION: Laguna Seca

WELL NAME: South Canal Bank -1 COUNTRY BELIZE STATE: Orangewalk DATE: 3/23/13 DAY: 29

DEPTH
OPERATIONS: Production Section API#: 2453 PROGRESS: 155
(MD):

CONTRACTOR: MARANCO LTD Rig SUPV: Virgil Welch AFE $: Drlg $0 AFE $: Completed $4,571,295

TOTAL
PSI: 575 SPM: 122 416 DAILY COST: $73,155 CUM DRLG COST: $5,685,636
GPM:
DRILLING MECHANICS CASING STRINGS
PICK UP WEIGHT 54000 PLAN Actual TOL Size WT GRADE THRD LOT/FIT $/ft
SLACK OFF WEIGHT 51000 300' 161 13&3/8" 61# K-55 Weld 161 $ 66.78
ROTATING WEIGHT 51000 1200 1183 9&5/8" 43.5# K-55 BUTT 1183 $ 66.67
TORQUE ON BOTTOM 400 - -
TORQUE OFF BOTTOM 50 - -
BIT RECORD Present Bit Previous Bit MUD PROPERTIES MUD MIXED TIME DISTRIBUTION
BIT NO 5 4 MW 9.0 GEL RU/RD 136
SIZE 8 1/2 8&1/2 VIS 39 SALTGEL DRLG 18.5 204
MFG Hughes Christianson PV 11 LIME REAM/WASH 15.5
TYPE MXB30DX R-482 YP 10 CAUSTIC 1 SURVEY 0.5 3.5
SER. NO 636452 C816137 GELS 2/9 SODA ASH 4 TRIP 4 64
NOZZLES 24/24/24 open pH 11.0 BARITE RIG SERV 2
TFA WL 14.2 HULLS CIRC & COND 1 26
OUT 2315 HP/HT magma fiber RUN CSG 13.5
IN 2315 2192 FC 1.5 xanthan gum 2 WOC 46
FOOTAGE 138 123 CL 700 bicarb NU BOP 12.5
HOURS 15.5 12.5 Ca 80 CEMENT RIG REPAIR 1
FT/HR 9 10 Sand tr PacL LOG 0
hP/dia inch 1.5 Solids 4 BenEx FISHING/STUCK 0
IMP FORCE #DIV/0! Oil % 0 PolyPlus CMT 9
DC Anlr Vel 340 340 LCM 0% Flo Trol 1 TEST BOP 2.5
DP Anlr Vel 181 181 WELD HEAD 2
JET PITS 0
DRLG CMT 0.5
BIT # 4 DULL COND: CUT DRLG LINE 0
ICS OCS DC LOC B/S G ODR RP Day Mud $ $1,250 MISC 10.5
2 8 BT M N O BT PR Cum Mud $ $72,097 TOTAL (Daily/cum) 24 548.5
TIME ACTIVITY RPM WOB ROP
START END HRS FROM TO Production Section (M lbs) (fph)
0:00 3:00 3.00 2298 2315 Drill from 2298' to 2315' (ROP dropped to 4-5'/hr) 70 25 6
3:00 3:30 0.50 Circulate for bit trip
3:30 5:30 2.00 POH and lay down bit #4
5:30 7:30 2.00 RIH with bit #5
7:30 21:30 14.00 2315 2440 Drill from 2315' to 2440' 65 25 9
21:30 22:00 0.50 Circulate for survey
22:00 22:30 0.50 Survey @ 2401' .5deg
22:30 0:00 1.50 2440 2453 Drill from 2440' to 2453' 65 25 9

NOTE: 2315-2490 no cut fl, occ fnt petrol odor in sample

DAILY AVG 8
SHOWS/FLARE REPORT BHA SURVEYS
Description Length DEPTH DEVIATION AZIMUTH
Bit 0.8 ft 630' 1.75deg
stab 5.5 ft 1160' 6.5deg
LAST BOP TEST 3/13/2013 DC 28.5 ft 1257' 5.75deg
WASTE DISPOSAL SITE: stab 5.4 ft 1783' .5deg
DAILY YDS SOLID - BBLS LIQUID DC 28.8 ft 2401' .5deg
WELL CUM SOLID - 0 CUM LIQUID 0 stab 5.4 ft
13DC 378.5 ft
TOTAL DRILLED GAS 2HWDP 62.3 ft
GAS Units DC SIZE
Background Gas: 0 8.00
Connection Gas: 0
Trip Gas: 0 DP SIZE
Max Gas: 0 4

ACCIDENTS FUEL (gals)


Start 6650 BHA Length 515.1 ft SLOW PUMP RATES
Received DRILL PIPE 1916 ft PSI SPM
NONE End 5624 WEIGHT OF BHA 30000 M Pump #1
DDR 06/02
NONE
Consumed 1026 WEIGHT OF BHA (below jars) 0M Pump #2

DDR 06/02
DAILY DRILLING REPORT AFE DEPTH 4,500 AFE DAYS 33
AFE # : SOUTH CANAL BANK -1
LOCATION: Laguna Seca

WELL NAME: South Canal Bank -1 COUNTRY BELIZE STATE: Orangewalk DATE: 3/24/13 DAY: 30

DEPTH
OPERATIONS: Production Section API#: 2678 PROGRESS: 225
(MD):

CONTRACTOR: MARANCO LTD Rig SUPV: Virgil Welch AFE $: Drlg $0 AFE $: Completed $4,571,295

TOTAL
PSI: 650 SPM: 122 416 DAILY COST: $66,837 CUM DRLG COST: $5,685,636
GPM:
DRILLING MECHANICS CASING STRINGS
PICK UP WEIGHT 60000 PLAN Actual TOL Size WT GRADE THRD LOT/FIT $/ft
SLACK OFF WEIGHT 61000 300' 161 13&3/8" 61# K-55 Weld 161 $ 66.78
ROTATING WEIGHT 63000 1200 1183 9&5/8" 43.5# K-55 BUTT 1183 $ 66.67
TORQUE ON BOTTOM 100 - -
TORQUE OFF BOTTOM 50 - -
BIT RECORD Present Bit Previous Bit MUD PROPERTIES MUD MIXED TIME DISTRIBUTION
BIT NO 5 4 MW 9.1 GEL RU/RD 136
SIZE 8 1/2 8&1/2 VIS 38 SALTGEL DRLG 24 228
MFG Hughes Christianson PV 11 LIME REAM/WASH 15.5
TYPE MXB30DX R-482 YP 12 CAUSTIC 4 SURVEY 3.5
SER. NO 636452 C816137 GELS 2/10 SODA ASH 3 TRIP 64
NOZZLES 24/24/24 open pH 11.0 BARITE RIG SERV 2
TFA WL 14.8 HULLS CIRC & COND 26
OUT 2315 HP/HT magma fiber RUN CSG 13.5
IN 2315 2192 FC 1.5 xanthan gum 3 WOC 46
FOOTAGE 363 123 CL 600 bicarb NU BOP 12.5
HOURS 39.5 12.5 Ca 80 CEMENT RIG REPAIR 1
FT/HR 9 10 Sand tr PacL LOG 0
hP/dia inch 1.7 Solids 5 BenEx FISHING/STUCK 0
IMP FORCE #DIV/0! Oil % 0 PolyPlus CMT 9
DC Anlr Vel 340 340 LCM Flo Trol 4 TEST BOP 2.5
DP Anlr Vel 290 290 WELD HEAD 2
JET PITS 0
DRLG CMT 0.5
BIT # 4 DULL COND: CUT DRLG LINE 0
ICS OCS DC LOC B/S G ODR RP Day Mud $ $2,092 MISC 10.5
2 8 BT M N O BT PR Cum Mud $ $72,097 TOTAL (Daily/cum) 24 572.5
TIME ACTIVITY RPM WOB ROP
START END HRS FROM TO Production Section (M lbs) (fph)
0:00 0:00 24.00 2453 2678 Drill from 2453' to 2678' with no losses 65 30 9

NOTE: 2490-2724 wk dif cut fl, occ yel resid ring, fnt petrol odor

DAILY AVG 9
SHOWS/FLARE REPORT BHA SURVEYS
Description Length DEPTH DEVIATION AZIMUTH
Bit 0.8 ft 630' 1.75deg
stab 5.5 ft 1160' 6.5deg
LAST BOP TEST 3/13/2013 DC 28.5 ft 1257' 5.75deg
WASTE DISPOSAL SITE: stab 5.4 ft 1783' .5deg
DAILY YDS SOLID - BBLS LIQUID DC 28.8 ft 2401' .5deg
WELL CUM SOLID - 0 CUM LIQUID 0 stab 5.4 ft
13DC 378.5 ft
TOTAL DRILLED GAS 2HWDP 62.3 ft
GAS Units DC SIZE
Background Gas: 0 8.00
Connection Gas: 0
Trip Gas: 0 DP SIZE
Max Gas: 0 4

ACCIDENTS FUEL (gals)


Start 5624 BHA Length 515.1 ft SLOW PUMP RATES
Received DRILL PIPE 1916 ft PSI SPM
NONE End 5030 WEIGHT OF BHA 30000 M Pump #1
DDR 06/02
NONE
Consumed 594 WEIGHT OF BHA (below jars) 0M Pump #2

DDR 06/02
DAILY DRILLING REPORT AFE DEPTH 4,500 AFE DAYS 33
AFE # : SOUTH CANAL BANK -1
LOCATION: Laguna Seca

WELL NAME: South Canal Bank -1 COUNTRY BELIZE STATE: Orangewalk DATE: 3/25/13 DAY: 31

DEPTH
OPERATIONS: Production Section API#: 2951 PROGRESS: 273
(MD):

CONTRACTOR: MARANCO LTD Rig SUPV: Virgil Welch AFE $: Drlg $0 AFE $: Completed $4,571,295

TOTAL
PSI: 650 SPM: 120 409 DAILY COST: $52,978 CUM DRLG COST: $5,685,636
GPM:
DRILLING MECHANICS CASING STRINGS
PICK UP WEIGHT 65000 PLAN Actual TOL Size WT GRADE THRD LOT/FIT $/ft
SLACK OFF WEIGHT 65000 300' 161 13&3/8" 61# K-55 Weld 161 $ 66.78
ROTATING WEIGHT 65000 1200 1183 9&5/8" 43.5# K-55 BUTT 1183 $ 66.67
TORQUE ON BOTTOM 100 - -
TORQUE OFF BOTTOM 50 - -
BIT RECORD Present Bit Previous Bit MUD PROPERTIES MUD MIXED TIME DISTRIBUTION
BIT NO 5 4 MW 9.1 GEL RU/RD 136
SIZE 8 1/2 8&1/2 VIS 39 SALTGEL DRLG 24 252
MFG Hughes Christianson PV 11 LIME REAM/WASH 15.5
TYPE MXB30DX R-482 YP 10 CAUSTIC 4 SURVEY 3.5
SER. NO 636452 C816137 GELS 2/6 SODA ASH 6 TRIP 64
NOZZLES 24/24/24 open pH 11.0 BARITE RIG SERV 2
TFA WL 16.0 HULLS CIRC & COND 26
OUT 2315 HP/HT magma fiber RUN CSG 13.5
IN 2315 2192 FC 1.5 xanthan gum 2 WOC 46
FOOTAGE 636 123 CL 700 bicarb NU BOP 12.5
HOURS 63.5 12.5 Ca 80 CEMENT RIG REPAIR 1
FT/HR 10 10 Sand tr PacL LOG 0
hP/dia inch 1.7 Solids 5 BenEx FISHING/STUCK 0
IMP FORCE #DIV/0! Oil % PolyPlus CMT 9
DC Anlr Vel 334 340 LCM Flo Trol 5 TEST BOP 2.5
DP Anlr Vel 271 290 WELD HEAD 2
JET PITS 0
DRLG CMT 0.5
BIT # 4 DULL COND: CUT DRLG LINE 0
ICS OCS DC LOC B/S G ODR RP Day Mud $ $2,373 MISC 10.5
2 8 BT M N O BT PR Cum Mud $ $72,097 TOTAL (Daily/cum) 24 596.5
TIME ACTIVITY RPM WOB ROP
START END HRS FROM TO Production Section (M lbs) (fph)
0:00 0:00 24.00 2678 2951 Drill from 2678' to 2951' 70 25-30 11

NOTE: 2724'-3009' wk dif cut fl, occ yel resid ring, fnt petrol odor

DAILY AVG 11
SHOWS/FLARE REPORT BHA SURVEYS
Description Length DEPTH DEVIATION AZIMUTH
Bit 0.8 ft 630' 1.75deg
stab 5.5 ft 1160' 6.5deg
LAST BOP TEST 3/13/2013 DC 28.5 ft 1257' 5.75deg
WASTE DISPOSAL SITE: stab 5.4 ft 1783' .5deg
DAILY YDS SOLID - BBLS LIQUID DC 28.8 ft 2401' .5deg
WELL CUM SOLID - 0 CUM LIQUID 0 stab 5.4 ft
13DC 378.5 ft
TOTAL DRILLED GAS 2HWDP 62.3 ft
GAS Units DC SIZE
Background Gas: 0 8.00
Connection Gas: 0
Trip Gas: 0 DP SIZE
Max Gas: 0 4

ACCIDENTS FUEL (gals)


Start 5030 BHA Length 515.1 ft SLOW PUMP RATES
Received DRILL PIPE 2411 ft PSI SPM
NONE End 4434 WEIGHT OF BHA 30000 M Pump #1
DDR 06/02
NONE
Consumed 596 WEIGHT OF BHA (below jars) 0M Pump #2

DDR 06/02
DAILY DRILLING REPORT AFE DEPTH 4,500 AFE DAYS 33
AFE # : SOUTH CANAL BANK -1
LOCATION: Laguna Seca

WELL NAME: South Canal Bank -1 COUNTRY BELIZE STATE: Orangewalk DATE: 3/26/13 DAY: 32

DEPTH
OPERATIONS: Production Section API#: 3129 PROGRESS: 178
(MD):

CONTRACTOR: MARANCO LTD Rig SUPV: Virgil Welch AFE $: Drlg $0 AFE $: Completed $4,571,295

TOTAL
PSI: 600 SPM: 115 392 DAILY COST: $52,660 CUM DRLG COST: $5,685,636
GPM:
DRILLING MECHANICS CASING STRINGS
PICK UP WEIGHT 65000 PLAN Actual TOL Size WT GRADE THRD LOT/FIT $/ft
SLACK OFF WEIGHT 65000 300' 161 13&3/8" 61# K-55 Weld 161 $ 66.78
ROTATING WEIGHT 65000 1200 1183 9&5/8" 43.5# K-55 BUTT 1183 $ 66.67
TORQUE ON BOTTOM 100 - -
TORQUE OFF BOTTOM 50 - -
BIT RECORD Present Bit Previous Bit MUD PROPERTIES MUD MIXED TIME DISTRIBUTION
BIT NO 5 4 MW 9.0 GEL 3 RU/RD 136
SIZE 8 1/2 8&1/2 VIS 39 SALTGEL DRLG 19.5 271.5
MFG Hughes Christianson PV 112 LIME REAM/WASH 0.5 16
TYPE MXB30DX R-482 YP 13 CAUSTIC 5 SURVEY 1 4.5
SER. NO 636452 C816137 GELS 3/11 SODA ASH 4 TRIP 1 65
NOZZLES 24/24/24 open pH 11.0 BARITE RIG SERV 2 4
TFA WL 16.5 HULLS CIRC & COND 26
OUT 2315 HP/HT magma fiber RUN CSG 13.5
IN 2315 2192 FC 1.5 xanthan gum 1 WOC 46
FOOTAGE 814 123 CL 700 bicarb 2 NU BOP 12.5
HOURS 83 12.5 Ca 80 CEMENT RIG REPAIR 1
FT/HR 10 10 Sand tr PacL LOG 0
hP/dia inch 1.5 Solids 5 BenEx FISHING/STUCK 0
IMP FORCE #DIV/0! Oil % PolyPlus CMT 9
DC Anlr Vel 320 340 LCM Flo Trol 6 TEST BOP 2.5
DP Anlr Vel 254 290 WELD HEAD 2
JET PITS 0
DRLG CMT 0.5
BIT # 4 DULL COND: CUT DRLG LINE 0
ICS OCS DC LOC B/S G ODR RP Day Mud $ $2,535 MISC 10.5
2 8 BT M N O BT PR Cum Mud $ $72,097 TOTAL (Daily/cum) 24 620.5
TIME ACTIVITY RPM WOB ROP
START END HRS FROM TO Production Section (M lbs) (fph)
0:00 18:00 18.00 2951 3121 Drill from 2951' to 3121' 70 25-30 9
18:00 18:30 0.50 Circulate for survey
18:30 19:30 1.00 Survey @ 3083'=.5deg
19:30 21:30 2.00 Working on Drawworks clutch while circulating
21:30 22:30 1.00 Wipe hole to 2619'
22:30 0:00 1.50 3121 3129 Drill from 3121' to 3129' 65 25 5

NOTE:3009'-3160' no cut fl, tr dul yel resid ring, no petrol odor

DAILY AVG 9
SHOWS/FLARE REPORT BHA SURVEYS
Description Length DEPTH DEVIATION AZIMUTH
Bit 0.8 ft 630' 1.75deg
stab 5.5 ft 1160' 6.5deg
LAST BOP TEST 3/13/2013 DC 28.5 ft 1257' 5.75deg
WASTE DISPOSAL SITE: stab 5.4 ft 1783' .5deg
DAILY YDS SOLID - BBLS LIQUID DC 28.8 ft 2401' .5deg
WELL CUM SOLID - 0 CUM LIQUID 0 stab 5.4 ft 3083 ft .5deg
13DC 378.5 ft
TOTAL DRILLED GAS 2HWDP 62.3 ft
GAS Units DC SIZE
Background Gas: 0 8.00
Connection Gas: 0
Trip Gas: 0 DP SIZE
Max Gas: 0 4

ACCIDENTS FUEL (gals)


Start 4434 BHA Length 515.1 ft SLOW PUMP RATES
Received DRILL PIPE 2598 ft PSI SPM
NONE End 3992 WEIGHT OF BHA 30000 M Pump #1
DDR 06/02
NONE
Consumed 442 WEIGHT OF BHA (below jars) 0M Pump #2

DDR 06/02
DAILY DRILLING REPORT AFE DEPTH 4,500 AFE DAYS 33
AFE # : SOUTH CANAL BANK -1
LOCATION: Laguna Seca

WELL NAME: South Canal Bank -1 COUNTRY BELIZE STATE: Orangewalk DATE: 3/27/13 DAY: 33

DEPTH
OPERATIONS: Production Section API#: 3260 PROGRESS: 131
(MD):

CONTRACTOR: MARANCO LTD Rig SUPV: Virgil Welch AFE $: Drlg $0 AFE $: Completed $4,571,295

TOTAL
PSI: 625 SPM: 115 392 DAILY COST: $68,684 CUM DRLG COST: $5,685,636
GPM:
DRILLING MECHANICS CASING STRINGS
PICK UP WEIGHT 65000 PLAN Actual TOL Size WT GRADE THRD LOT/FIT $/ft
SLACK OFF WEIGHT 65000 300' 161 13&3/8" 61# K-55 Weld 161 $ 66.78
ROTATING WEIGHT 65000 1200 1183 9&5/8" 43.5# K-55 BUTT 1183 $ 66.67
TORQUE ON BOTTOM 100 - -
TORQUE OFF BOTTOM 50 - -
BIT RECORD Present Bit Previous Bit MUD PROPERTIES MUD MIXED TIME DISTRIBUTION
BIT NO 6 5 MW 9.0 GEL 4 RU/RD 136
SIZE 8 1/2 8&1/2 VIS 39 SALTGEL DRLG 17 288.5
MFG Security Hughes PV 11 LIME REAM/WASH 16
TYPE S84F MXB30DX YP 13 CAUSTIC 2 SURVEY 4.5
SER. NO 154558 636452 GELS 5/11 SODA ASH 3 TRIP 6 71
NOZZLES 22/22/22 24/24/24 pH 11.0 BARITE RIG SERV 4
TFA WL 16.2 HULLS CIRC & COND 1 27
OUT 3183 HP/HT magma fiber RUN CSG 13.5
IN 3183 2315 FC 2 xanthan gum 1 WOC 46
FOOTAGE 77 868 CL 1000 bicarb 2 NU BOP 12.5
HOURS 9 91 Ca 80 CEMENT RIG REPAIR 1
FT/HR 9 10 Sand tr PacL LOG 0
hP/dia inch 1.6 Solids 5 BenEx FISHING/STUCK 0
IMP FORCE #DIV/0! Oil % PolyPlus CMT 9
DC Anlr Vel 320 320 LCM Flo Trol 3 TEST BOP 2.5
DP Anlr Vel 254 254 WELD HEAD 2
JET PITS 0
DRLG CMT 0.5
BIT # 5 DULL COND: CUT DRLG LINE 0
ICS OCS DC LOC B/S G ODR RP Day Mud $ $1,719 MISC 10.5
3 3 NO N E O NO PR Cum Mud $ $72,097 TOTAL (Daily/cum) 24 644.5
TIME ACTIVITY RPM WOB ROP
START END HRS FROM TO Production Section (M lbs) (fph)
0:00 8:00 8.00 3129 3183 Drill from 3129' to 3183' 70 30 7
8:00 8:30 0.50 Circulate for trip
8:30 11:30 3.00 POH and change bits
11:30 12:00 0.50 Function test BOP
12:00 15:00 3.00 RIH and ream 38' to bottom
15:00 0:00 9.00 3183 3260 Drill from 3183' to 3260' 70 30 9

NOTE:3160-3309 no cut fl, tr dul yel resid ring, no petrol odor carring 1u background gas
HAD 4u trip gas

DAILY AVG 8
SHOWS/FLARE REPORT BHA SURVEYS
Description Length DEPTH DEVIATION AZIMUTH
Bit 0.8 ft 630' 1.75deg
stab 5.5 ft 1160' 6.5deg
LAST BOP TEST 3/13/2013 DC 28.5 ft 1257' 5.75deg
WASTE DISPOSAL SITE: stab 5.4 ft 1783' .5deg
DAILY YDS SOLID - BBLS LIQUID DC 28.8 ft 2401' .5deg
WELL CUM SOLID - 0 CUM LIQUID 0 stab 5.4 ft 3083 ft .5deg
13DC 378.5 ft
TOTAL DRILLED GAS 2HWDP 62.3 ft
GAS Units DC SIZE
Background Gas: 1 8.00
Connection Gas: 0
Trip Gas: 4 DP SIZE
Max Gas: 0 4

ACCIDENTS FUEL (gals)


Start 3992 BHA Length 515.1 ft SLOW PUMP RATES
Received DRILL PIPE 2722 ft PSI SPM
NONE End 3124 WEIGHT OF BHA 30000 M Pump #1
DDR 06/02
NONE
Consumed 868 WEIGHT OF BHA (below jars) 0M Pump #2

DDR 06/02
DAILY DRILLING REPORT AFE DEPTH 4,500 AFE DAYS 33
AFE # : SOUTH CANAL BANK -1
LOCATION: Laguna Seca

WELL NAME: South Canal Bank -1 COUNTRY BELIZE STATE: Orangewalk DATE: 3/28/13 DAY: 34

DEPTH
OPERATIONS: Production Section API#: 3489 PROGRESS: 229
(MD):

CONTRACTOR: MARANCO LTD Rig SUPV: Virgil Welch AFE $: Drlg $0 AFE $: Completed $4,571,295

TOTAL
PSI: 700 SPM: 120 409 DAILY COST: $54,098 CUM DRLG COST: $5,685,636
GPM:
DRILLING MECHANICS CASING STRINGS
PICK UP WEIGHT 75000 PLAN Actual TOL Size WT GRADE THRD LOT/FIT $/ft
SLACK OFF WEIGHT 69000 300' 161 13&3/8" 61# K-55 Weld 161 $ 66.78
ROTATING WEIGHT 75000 1200 1183 9&5/8" 43.5# K-55 BUTT 1183 $ 66.67
TORQUE ON BOTTOM 150 - -
TORQUE OFF BOTTOM 50 - -
BIT RECORD Present Bit Previous Bit MUD PROPERTIES MUD MIXED TIME DISTRIBUTION
BIT NO 6 5 MW 9.0 GEL RU/RD 136
SIZE 8 1/2 8&1/2 VIS 40 SALTGEL DRLG 24 312.5
MFG Security Hughes PV 11 LIME REAM/WASH 16
TYPE S84F MXB30DX YP 15 CAUSTIC 2 SURVEY 4.5
SER. NO 154558 636452 GELS 6/12 SODA ASH 2 TRIP 71
NOZZLES 22/22/22 24/24/24 pH 11.0 BARITE RIG SERV 4
TFA WL 18.0 HULLS CIRC & COND 27
OUT 3183 HP/HT magma fiber RUN CSG 13.5
IN 3183 2315 FC 2 xanthan gum WOC 46
FOOTAGE 306 868 CL 1400 bicarb 1 NU BOP 12.5
HOURS 33 91 Ca 80 CEMENT RIG REPAIR 1
FT/HR 9 10 Sand tr PacL LOG 0
hP/dia inch 1.8 Solids 5 BenEx FISHING/STUCK 0
IMP FORCE #DIV/0! Oil % PolyPlus CMT 9
DC Anlr Vel 334 320 LCM Flo Trol 1 TEST BOP 2.5
DP Anlr Vel 253 254 WELD HEAD 2
JET PITS 0
DRLG CMT 0.5
BIT # 5 DULL COND: CUT DRLG LINE 0
ICS OCS DC LOC B/S G ODR RP Day Mud $ $958 MISC 10.5
3 3 NO N E O NO PR Cum Mud $ $72,097 TOTAL (Daily/cum) 24 668.5
TIME ACTIVITY RPM WOB ROP
START END HRS FROM TO Production Section (M lbs) (fph)
0:00 0:00 24.00 3260 3489 Drill from 3260' to 3489' 10

NOTE: 3309-3524 fny dif cut fl, fnt resid ring, no petrol odor

DAILY AVG 10
SHOWS/FLARE REPORT BHA SURVEYS
Description Length DEPTH DEVIATION AZIMUTH
Bit 0.8 ft 630' 1.75deg
stab 5.5 ft 1160' 6.5deg
LAST BOP TEST 3/13/2013 DC 28.5 ft 1257' 5.75deg
WASTE DISPOSAL SITE: stab 5.4 ft 1783' .5deg
DAILY YDS SOLID - BBLS LIQUID DC 28.8 ft 2401' .5deg
WELL CUM SOLID - 0 CUM LIQUID 0 stab 5.4 ft 3083 ft .5deg
13DC 378.5 ft
TOTAL DRILLED GAS 2HWDP 62.3 ft
GAS Units DC SIZE
Background Gas: 1 8.00
Connection Gas: 0
Trip Gas: 0 DP SIZE
Max Gas: 0 4

ACCIDENTS FUEL (gals)


Start 3124 BHA Length 515.1 ft SLOW PUMP RATES
Received 5000 DRILL PIPE 2939 ft PSI SPM
NONE End 7006 WEIGHT OF BHA 30000 M Pump #1
DDR 06/02
NONE
Consumed 1118 WEIGHT OF BHA (below jars) 0M Pump #2

DDR 06/02
DAILY DRILLING REPORT AFE DEPTH 4,500 AFE DAYS 33
AFE # : SOUTH CANAL BANK -1
LOCATION: Laguna Seca

WELL NAME: South Canal Bank -1 COUNTRY BELIZE STATE: Orangewalk DATE: 3/29/13 DAY: 35

DEPTH
OPERATIONS: Production Section API#: 3803 PROGRESS: 314
(MD):

CONTRACTOR: MARANCO LTD Rig SUPV: Virgil Welch AFE $: Drlg $0 AFE $: Completed $4,571,295

TOTAL
PSI: 700 SPM: 115 392 DAILY COST: $54,969 CUM DRLG COST: $5,685,636
GPM:
DRILLING MECHANICS CASING STRINGS
PICK UP WEIGHT 76000 PLAN Actual TOL Size WT GRADE THRD LOT/FIT $/ft
SLACK OFF WEIGHT 74000 300' 161 13&3/8" 61# K-55 Weld 161 $ 66.78
ROTATING WEIGHT 76000 1200 1183 9&5/8" 43.5# K-55 BUTT 1183 $ 66.67
TORQUE ON BOTTOM 150 - -
TORQUE OFF BOTTOM 50 - -
BIT RECORD Present Bit Previous Bit MUD PROPERTIES MUD MIXED TIME DISTRIBUTION
BIT NO 6 5 MW 8.9 GEL RU/RD 136
SIZE 8 1/2 8&1/2 VIS 40 SALTGEL DRLG 23.5 336
MFG Security Hughes PV 10 LIME REAM/WASH 16
TYPE S84F MXB30DX YP 15 CAUSTIC 1 SURVEY 4.5
SER. NO 154558 636452 GELS 5/10 SODA ASH 1 TRIP 71
NOZZLES 22/22/22 24/24/24 pH 11.0 BARITE RIG SERV 4
TFA WL 19.0 HULLS CIRC & COND 27
OUT 3183 HP/HT magma fiber RUN CSG 13.5
IN 3183 2315 FC 2 xanthan gum WOC 46
FOOTAGE 620 868 CL 1700 bicarb 2 NU BOP 12.5
HOURS 56.5 91 Ca 80 CEMENT RIG REPAIR 1
FT/HR 11 10 Sand tr PacL LOG 0
hP/dia inch 1.7 Solids 5 BenEx FISHING/STUCK 0
IMP FORCE #DIV/0! Oil % PolyPlus CMT 9
DC Anlr Vel 320 320 LCM Flo Trol 5 TEST BOP 2.5
DP Anlr Vel 235 254 WELD HEAD 2
JET PITS 0
DRLG CMT 0.5
BIT # 5 DULL COND: CUT DRLG LINE 0
ICS OCS DC LOC B/S G ODR RP Day Mud $ $1,754 MISC 0.5 11
3 3 NO N E O NO PR Cum Mud $ $72,097 TOTAL (Daily/cum) 24 692.5
TIME ACTIVITY RPM WOB ROP
START END HRS FROM TO Production Section (M lbs) (fph)
0:00 7:00 7.00 3489 3543 Drill from 3489' to 3543' 70 30 8
7:00 7:30 0.50 Held H2S Drill and Safety Meeting
7:30 0:00 16.50 3543 3803 Drill from 3543' to 3803' 70 30 16

NOTE Highest ditch gas @ 3540 C-4-5-3-2-1 1U


3524-3892 no-vwk dif cut fl, no-fr resid ring, no-fnt oil odor

DAILY AVG 13
SHOWS/FLARE REPORT BHA SURVEYS
Description Length DEPTH DEVIATION AZIMUTH
Bit 0.8 ft 630' 1.75deg
stab 5.5 ft 1160' 6.5deg
LAST BOP TEST 3/13/2013 DC 28.5 ft 1257' 5.75deg
WASTE DISPOSAL SITE: stab 5.4 ft 1783' .5deg
DAILY YDS SOLID - BBLS LIQUID DC 28.8 ft 2401' .5deg
WELL CUM SOLID - 0 CUM LIQUID 0 stab 5.4 ft 3083 ft .5deg
13DC 378.5 ft
TOTAL DRILLED GAS 2HWDP 62.3 ft
GAS Units DC SIZE
Background Gas: 1 8.00
Connection Gas: 0
Trip Gas: 0 DP SIZE
Max Gas: 0 4

ACCIDENTS FUEL (gals)


Start 7006 BHA Length 515.1 ft SLOW PUMP RATES
Received DRILL PIPE 3249 ft PSI SPM
NONE End 6068 WEIGHT OF BHA 30000 M Pump #1
DDR 06/02
NONE
Consumed 938 WEIGHT OF BHA (below jars) 0M Pump #2

DDR 06/02
DAILY DRILLING REPORT AFE DEPTH 4,500 AFE DAYS 33
AFE # : SOUTH CANAL BANK -1
LOCATION: Laguna Seca

WELL NAME: South Canal Bank -1 COUNTRY BELIZE STATE: Orangewalk DATE: 3/30/13 DAY: 36

DEPTH
OPERATIONS: Production Section API#: 4107 PROGRESS: 304
(MD):

CONTRACTOR: MARANCO LTD Rig SUPV: Virgil Welch AFE $: Drlg $0 AFE $: Completed $4,571,295

TOTAL
PSI: 750 SPM: 120 409 DAILY COST: $52,667 CUM DRLG COST: $5,685,636
GPM:
DRILLING MECHANICS CASING STRINGS
PICK UP WEIGHT 76000 PLAN Actual TOL Size WT GRADE THRD LOT/FIT $/ft
SLACK OFF WEIGHT 74000 300' 161 13&3/8" 61# K-55 Weld 161 $ 66.78
ROTATING WEIGHT 76000 1200 1183 9&5/8" 43.5# K-55 BUTT 1183 $ 66.67
TORQUE ON BOTTOM 150 - -
TORQUE OFF BOTTOM 50 - -
BIT RECORD Present Bit Previous Bit MUD PROPERTIES MUD MIXED TIME DISTRIBUTION
BIT NO 6 5 MW 8.9 GEL RU/RD 136
SIZE 8 1/2 8&1/2 VIS 39 SALTGEL DRLG 23.5 359.5
MFG Security Hughes PV 10 LIME REAM/WASH 16
TYPE S84F MXB30DX YP 15 CAUSTIC 2 SURVEY 4.5
SER. NO 154558 636452 GELS 5/10 SODA ASH 3 TRIP 71
NOZZLES 22/22/22 24/24/24 pH 11.0 BARITE RIG SERV 4
TFA WL 19.0 HULLS CIRC & COND 0.5 27.5
OUT 4107 3183 HP/HT magma fiber RUN CSG 13.5
IN 3183 2315 FC 2 xanthan gum WOC 46
FOOTAGE 924 868 CL 2100 bicarb NU BOP 12.5
HOURS 80 91 Ca 80 CEMENT RIG REPAIR 1
FT/HR 12 10 Sand tr PacL LOG 0
hP/dia inch 1.9 Solids 5 BenEx FISHING/STUCK 0
IMP FORCE #DIV/0! Oil % PolyPlus CMT 9
DC Anlr Vel 334 320 LCM Flo Trol 4 TEST BOP 2.5
DP Anlr Vel 241 254 WELD HEAD 2
JET PITS 0
DRLG CMT 0.5
BIT # 6 DULL COND: CUT DRLG LINE 0
ICS OCS DC LOC B/S G ODR RP Day Mud $ $1,642 MISC 11
4 8 BT A F 0.25 BT DST Cum Mud $ $72,097 TOTAL (Daily/cum) 24 716.5
TIME ACTIVITY RPM WOB ROP
START END HRS FROM TO Production Section (M lbs) (fph)
0:00 23:30 23.50 3803 4107 Drill from 3803' tp 4107' 70 30 13
23:30 0:00 0.50 Circulate bottoms, monitor returns for oil & gas

SEE MUD LOGGERS NOTES BELOW

NOTE:3892-4088; 20%-100% anyhdrite, 0%-80% dolostone,0-60% shale, <10% bitumen


4088-4106; 100% dolostone
3892-4088, <1unit , no-vwk dif cut fl, no-fr resid ring, no-fnt oil odor
4088-4106, 114 units max, live oil pops, mod-strong odor, fst strmng cut fl, straw
vis cut, free oil specks-------------good stuff

DAILY AVG 13
SHOWS/FLARE REPORT BHA SURVEYS
Description Length DEPTH DEVIATION AZIMUTH
Bit 0.8 ft 630' 1.75deg
stab 5.5 ft 1160' 6.5deg
LAST BOP TEST 3/13/2013 DC 28.5 ft 1257' 5.75deg
WASTE DISPOSAL SITE: stab 5.4 ft 1783' .5deg
DAILY YDS SOLID - BBLS LIQUID DC 28.8 ft 2401' .5deg
WELL CUM SOLID - 0 CUM LIQUID 0 stab 5.4 ft 3083 ft .5deg
13DC 378.5 ft
TOTAL DRILLED GAS 2HWDP 62.3 ft
GAS Units DC SIZE
Background Gas: 1 8.00
Connection Gas: 0
Trip Gas: 0 DP SIZE
Max Gas: 114 4

ACCIDENTS FUEL (gals)


Start 6068 BHA Length 515.1 ft SLOW PUMP RATES
Received DRILL PIPE 3249 ft PSI SPM
NONE End 5631 WEIGHT OF BHA 30000 M Pump #1
DDR 06/02
NONE
Consumed 437 WEIGHT OF BHA (below jars) 0M Pump #2

DDR 06/02
DAILY DRILLING REPORT AFE DEPTH 4,500 AFE DAYS 33
AFE # : SOUTH CANAL BANK -1
LOCATION: Laguna Seca

WELL NAME: South Canal Bank -1 COUNTRY BELIZE STATE: Orangewalk DATE: 3/31/13 DAY: 37

DEPTH
OPERATIONS: Production Section API#: 4107 PROGRESS:
(MD):

CONTRACTOR: MARANCO LTD Rig SUPV: Virgil Welch AFE $: Drlg $0 AFE $: Completed $4,571,295

TOTAL
PSI: 750 SPM: 120 409 DAILY COST: $66,825 CUM DRLG COST: $5,685,636
GPM:
DRILLING MECHANICS CASING STRINGS
PICK UP WEIGHT 76000 PLAN Actual TOL Size WT GRADE THRD LOT/FIT $/ft
SLACK OFF WEIGHT 74000 300' 161 13&3/8" 61# K-55 Weld 161 $ 66.78
ROTATING WEIGHT 76000 1200 1183 9&5/8" 43.5# K-55 BUTT 1183 $ 66.67
TORQUE ON BOTTOM 150 - -
TORQUE OFF BOTTOM 50 - -
BIT RECORD Present Bit Previous Bit MUD PROPERTIES MUD MIXED TIME DISTRIBUTION
BIT NO 6 MW 8.9 GEL RU/RD 136
SIZE 40 1/2 VIS 39 SALTGEL DRLG 359.5
MFG Security PV 10 LIME REAM/WASH 16
TYPE S84F YP 15 CAUSTIC SURVEY 4.5
SER. NO 154558 GELS 5/10 SODA ASH TRIP 12 83
NOZZLES 22/22/22 pH 11.0 BARITE RIG SERV 4
TFA WL 19.0 HULLS CIRC & COND 3.5 31
OUT 4107 HP/HT magma fiber RUN CSG 13.5
IN 3183 FC 2 xanthan gum WOC 46
FOOTAGE 924 CL 2100 bicarb NU BOP 12.5
HOURS 80 Ca 80 CEMENT RIG REPAIR 1
FT/HR 12 Sand tr PacL LOG 0
hP/dia inch #DIV/0! Solids 5 BenEx FISHING/STUCK 0
IMP FORCE #DIV/0! Oil % PolyPlus CMT 9
DC Anlr Vel 334 LCM Flo Trol TEST BOP 2.5
DP Anlr Vel 241 WELD HEAD 2
JET PITS 0
DRLG CMT 0.5
BIT # 6 DULL COND: CUT DRLG LINE 0
ICS OCS DC LOC B/S G ODR RP Day Mud $ $500 MISC 8.5 19.5
4 8 BT A F 0.25 BT DST Cum Mud $ $72,097 TOTAL (Daily/cum) 24 740.5
TIME ACTIVITY RPM WOB ROP
START END HRS FROM TO Production Section (M lbs) (fph)
0:00 1:00 1.00 Circulating, monitoring for oil returns, 114 units of gas max
1:00 7:00 6.00 POH slowly checking for flow
7:00 11:00 4.00 RIH w/ inflateable muti-set packer assembly on drill pipe
11;00 12:00 1.00 Circulate clean and displace drill pipe w/ water
12:00 13:00 1.00 Set packer and shear ball seat w/ end of tailpipe@4087 and element@4065-4070
13:00 14:00 1.00 Rig up to swab
14:00 19:00 5.00 Build new swab cups and attempt to swab with no success
19:00 19:30 0.50 Rig down swabbing equipment
19:30 20:00 0.50 Open Jay Valve and reverse circulate water out of drill pipe
20:00 20:30 0.50 Unseat packer and allow it to relax
20:30 22:00 1.50 Circulate and condition mud conventional way checking for flow
22:30 0:00 1.40 POH slowly checking for flow

DAILY AVG #DIV/0!


SHOWS/FLARE REPORT BHA SURVEYS
Description Length DEPTH DEVIATION AZIMUTH
Bit 0.8 ft 630' 1.75deg
stab 5.5 ft 1160' 6.5deg
LAST BOP TEST 3/13/2013 DC 28.5 ft 1257' 5.75deg
WASTE DISPOSAL SITE: stab 5.4 ft 1783' .5deg
DAILY YDS SOLID - BBLS LIQUID DC 28.8 ft 2401' .5deg
WELL CUM SOLID - 0 CUM LIQUID 0 stab 5.4 ft 3083 ft .5deg
13DC 378.5 ft
TOTAL DRILLED GAS 2HWDP 62.3 ft
GAS Units DC SIZE
Background Gas: 1 8.00
Connection Gas: 0
Trip Gas: 0 DP SIZE
Max Gas: 114 4

ACCIDENTS FUEL (gals)


Start 5631 BHA Length 515.1 ft SLOW PUMP RATES
Received DRILL PIPE 3249 ft PSI SPM
NONE End 5262 WEIGHT OF BHA 30000 M Pump #1
DDR 06/02
NONE
Consumed 369 WEIGHT OF BHA (below jars) 0M Pump #2

DDR 06/02
DAILY DRILLING REPORT AFE DEPTH 4,500 AFE DAYS 33
AFE # : SOUTH CANAL BANK -1
LOCATION: Laguna Seca

WELL NAME: South Canal Bank -1 COUNTRY BELIZE STATE: Orangewalk DATE: 4/1/13 DAY: 38

DEPTH
OPERATIONS: Production Section API#: 4107 PROGRESS:
(MD):

CONTRACTOR: MARANCO LTD Rig SUPV: Virgil Welch AFE $: Drlg $0 AFE $: Completed $4,571,295

TOTAL
PSI: 750 SPM: 120 409 DAILY COST: $52,575 CUM DRLG COST: $5,685,636
GPM:
DRILLING MECHANICS CASING STRINGS
PICK UP WEIGHT PLAN Actual TOL Size WT GRADE THRD LOT/FIT $/ft
SLACK OFF WEIGHT 300' 161 13&3/8" 61# K-55 Weld 161 $ 66.78
ROTATING WEIGHT 1200 1183 9&5/8" 43.5# K-55 BUTT 1183 $ 66.67
TORQUE ON BOTTOM - -
TORQUE OFF BOTTOM - -
BIT RECORD Present Bit Previous Bit MUD PROPERTIES MUD MIXED TIME DISTRIBUTION
BIT NO 6 MW 8.9 GEL RU/RD 136
SIZE 40 1/2 VIS 39 SALTGEL DRLG 359.5
MFG Security PV 10 LIME REAM/WASH 16
TYPE S84F YP 15 CAUSTIC SURVEY 4.5
SER. NO 154558 GELS 5/10 SODA ASH TRIP 12 95
NOZZLES 22/22/22 pH 11.0 BARITE RIG SERV 4
TFA WL 19.0 HULLS CIRC & COND 3.5 34.5
OUT 4107 HP/HT magma fiber RUN CSG 13.5
IN 3183 FC 2 xanthan gum WOC 46
FOOTAGE 924 CL 2100 bicarb NU BOP 12.5
HOURS 80 Ca 80 CEMENT RIG REPAIR 1
FT/HR 12 Sand tr PacL LOG 0
hP/dia inch #DIV/0! Solids 5 BenEx FISHING/STUCK 0
IMP FORCE #DIV/0! Oil % PolyPlus CMT 9
DC Anlr Vel 334 LCM Flo Trol TEST BOP 2.5
DP Anlr Vel 241 WELD HEAD 2
JET PITS 0
DRLG CMT 0.5
BIT # 6 DULL COND: CUT DRLG LINE 0
ICS OCS DC LOC B/S G ODR RP Day Mud $ $500 MISC 8.5 28
4 8 BT A F 0.25 BT DST Cum Mud $ $72,097 TOTAL (Daily/cum) 24 764.5
TIME ACTIVITY RPM WOB ROP
START END HRS FROM TO Production Section (M lbs) (fph)
0:00 2:00 2.00 POH with drill pipe and inflateable
2:00 3:00 1.00 Redress ball seat and change out Jay circulating valve
3:00 6:00 3.00 Unload, clean and strap 2&7/8 tubing, rig up for picking up tubing
6:00 12:00 6.00 Picking up tubing and RIH to 4096' w/end of tailpipe and packer assembly f/4070'-4080'
12:00 14:00 2.00 Circulate hole clean
14:00 15:00 1.00 Inflate packer and shear ball seat
15:00 22:30 7.50 Begin swabbing as follows: fluid level@0' swab to 500' 3bbl mud returns; fluid level 480' swab
f/1000'-3bbl mud returns, fluid level 835', swab from 1600', 3bbl mud returns, fluid level @ 1577
swab f/ 2000', 3bbl mud returns, fluid level @ 1500', swab f/ 2500', 5bbl mud returnfluid level
at 1670 swab f/ 2470', 1/2bbl mud return, fluid level 1750', swab f/ 2490', 4bbl mud return
fluid level @ 3100, swab from 3400, 3bbl mud return, fluid level @ 3500, swab f/3800' no
returns, fluid level @ 3700, swab f/ 3930, 1/2bbl mud return, fluid level@ 3700, swab f/3950
1bbl mud/oil return, wait 30min, fluid level 3800, swab f/ 3975, 1bbl oil return, wait 1 hour
Fluid level 3890, swab f/ 3970, no returns--rig down swabbing gear
22:30 23:00 0.50 Rig up for acid job--safety meeting
23:30 23:45 0.75 pump .5bbl water, 2bbl of 34%HCL, followed by 17.5 bbl water to fill tubing, cont
pumping another 18bbl water @ 1.5bbl/min w/ 1500psi injection rate, stop pumping and monitor
23:45 0:00 0.25 Pressure dropped from 1500 psi to 800 psi --shut in kelly cock

NOTE: during swabbing there seemed to be little to no influx rate DAILY AVG #DIV/0!
SHOWS/FLARE REPORT BHA SURVEYS
Description Length DEPTH DEVIATION AZIMUTH
Bit 0.8 ft 630' 1.75deg
stab 5.5 ft 1160' 6.5deg
LAST BOP TEST 3/13/2013 DC 28.5 ft 1257' 5.75deg
WASTE DISPOSAL SITE: stab 5.4 ft 1783' .5deg
DAILY YDS SOLID - BBLS LIQUID DC 28.8 ft 2401' .5deg
WELL CUM SOLID - 0 CUM LIQUID 0 stab 5.4 ft 3083 ft .5deg
13DC 378.5 ft
TOTAL DRILLED GAS 2HWDP 62.3 ft
GAS Units DC SIZE
Background Gas: 1 8.00
Connection Gas: 0
Trip Gas: 0 DP SIZE
Max Gas: 114 4

ACCIDENTS FUEL (gals)


Start 5262 BHA Length 515.1 ft SLOW PUMP RATES
Received DRILL PIPE 3249 ft PSI SPM
NONE End 4890 WEIGHT OF BHA 30000 M Pump #1
DDR 06/02
NONE
Consumed 372 WEIGHT OF BHA (below jars) 0M Pump #2

DDR 06/02
DAILY DRILLING REPORT AFE DEPTH 4,500 AFE DAYS 33
AFE # : SOUTH CANAL BANK -1
LOCATION: Laguna Seca

WELL NAME: South Canal Bank -1 COUNTRY BELIZE STATE: Orangewalk DATE: 4/2/13 DAY: 39

DEPTH
OPERATIONS: Drill Stem Testing API#: 4107 PROGRESS:
(MD):

CONTRACTOR: MARANCO LTD Rig SUPV: Virgil Welch AFE $: Drlg $0 AFE $: Completed $4,571,295

TOTAL
PSI: 750 SPM: 120 409 DAILY COST: $51,399 CUM DRLG COST: $5,685,636
GPM:
DRILLING MECHANICS CASING STRINGS
PICK UP WEIGHT PLAN Actual TOL Size WT GRADE THRD LOT/FIT $/ft
SLACK OFF WEIGHT 300' 161 13&3/8" 61# K-55 Weld 161 $ 66.78
ROTATING WEIGHT 1200 1183 9&5/8" 43.5# K-55 BUTT 1183 $ 66.67
TORQUE ON BOTTOM - -
TORQUE OFF BOTTOM - -
BIT RECORD Present Bit Previous Bit MUD PROPERTIES MUD MIXED TIME DISTRIBUTION
BIT NO 6 MW 8.9 GEL RU/RD 136
SIZE 40 1/2 VIS 39 SALTGEL DRLG 359.5
MFG Security PV 10 LIME REAM/WASH 16
TYPE S84F YP 15 CAUSTIC SURVEY 4.5
SER. NO 154558 GELS 5/10 SODA ASH TRIP 95
NOZZLES 22/22/22 pH 11.0 BARITE RIG SERV 4
TFA WL 19.0 HULLS CIRC & COND 34.5
OUT 4107 HP/HT magma fiber RUN CSG 13.5
IN 3183 FC 2 xanthan gum WOC 46
FOOTAGE 924 CL 2100 bicarb NU BOP 12.5
HOURS 80 Ca 80 CEMENT RIG REPAIR 1
FT/HR 12 Sand tr PacL LOG 0
hP/dia inch #DIV/0! Solids 5 BenEx FISHING/STUCK 0
IMP FORCE #DIV/0! Oil % PolyPlus CMT 9
DC Anlr Vel 334 LCM Flo Trol TEST BOP 2.5
DP Anlr Vel 241 WELD HEAD 2
JET PITS 0
DRLG CMT 0.5
BIT # 6 DULL COND: CUT DRLG LINE 0
ICS OCS DC LOC B/S G ODR RP Day Mud $ $500 MISC 24 52
4 8 BT A F 0.25 BT DST Cum Mud $ $72,097 TOTAL (Daily/cum) 24 788.5
TIME ACTIVITY RPM WOB ROP
START END HRS FROM TO Drill Stem Testing (M lbs) (fph)
0:00 4:00 4.00 Wait on Acid to react
4:00 5:00 1.00 Rig up swabbing gear
5:00 7:00 2.00 Swabbing out water in pipe see attached swabb report
7:00 8:30 1.50 wait on well to recover
8:30 11:00 2.50 lost cups and jar---fish out
11:00 12:00 1.00 swab from 3950--9.4bbl oil and water
9:40 13:00 1.00 wait on well to recover
13:00 16:00 3.00 swab to 3950 recovered 2.5bbl, swab to 3950, recovered 4bbl, swab to 3950 recovered 1.17
16:00 17:30 1.50 wait 1 hour and swab to 3990 recovered 1.17bbl
17:30 18:00 0.50 swab to 3950 recovered 2.35bbl
18:00 0:00 6.00 wait on well to recover

DAILY AVG #DIV/0!


SHOWS/FLARE REPORT BHA SURVEYS
Description Length DEPTH DEVIATION AZIMUTH
Bit 0.8 ft 630' 1.75deg
stab 5.5 ft 1160' 6.5deg
LAST BOP TEST 3/13/2013 DC 28.5 ft 1257' 5.75deg
WASTE DISPOSAL SITE: stab 5.4 ft 1783' .5deg
DAILY YDS SOLID - BBLS LIQUID DC 28.8 ft 2401' .5deg
WELL CUM SOLID - 0 CUM LIQUID 0 stab 5.4 ft 3083 ft .5deg
13DC 378.5 ft
TOTAL DRILLED GAS 2HWDP 62.3 ft
GAS Units DC SIZE
Background Gas: 1 8.00
Connection Gas: 0
Trip Gas: 0 DP SIZE
Max Gas: 114 4

ACCIDENTS FUEL (gals)


Start 4890 BHA Length 515.1 ft SLOW PUMP RATES
Received DRILL PIPE 3249 ft PSI SPM
NONE End 4444 WEIGHT OF BHA 30000 M Pump #1
DDR 06/02
NONE
Consumed 446 WEIGHT OF BHA (below jars) 0M Pump #2

DDR 06/02
DAILY DRILLING REPORT AFE DEPTH 4,500 AFE DAYS 33
AFE # : SOUTH CANAL BANK -1
LOCATION: Laguna Seca

WELL NAME: South Canal Bank -1 COUNTRY BELIZE STATE: Orangewalk DATE: 4/3/13 DAY: 40

DEPTH
OPERATIONS: Drill Stem Testing/Production API#: 4107 PROGRESS:
(MD):

CONTRACTOR: MARANCO LTD Rig SUPV: Virgil Welch AFE $: Drlg $0 AFE $: Completed $4,571,295

TOTAL
PSI: 750 SPM: 120 409 DAILY COST: $51,428 CUM DRLG COST: $5,685,636
GPM:
DRILLING MECHANICS CASING STRINGS
PICK UP WEIGHT PLAN Actual TOL Size WT GRADE THRD LOT/FIT $/ft
SLACK OFF WEIGHT 300' 161 13&3/8" 61# K-55 Weld 161 $ 66.78
ROTATING WEIGHT 1200 1183 9&5/8" 43.5# K-55 BUTT 1183 $ 66.67
TORQUE ON BOTTOM - -
TORQUE OFF BOTTOM - -
BIT RECORD Present Bit Previous Bit MUD PROPERTIES MUD MIXED TIME DISTRIBUTION
BIT NO 7 6 MW 8.9 GEL RU/RD 1 137
SIZE 8 1/2 8 1/2 VIS 40 SALTGEL DRLG 359.5
MFG Smith Security PV 10 LIME REAM/WASH 16
TYPE F37 (RR) S84F YP 15 CAUSTIC 1 SURVEY 4.5
SER. NO EB3979 154558 GELS 6/12 SODA ASH TRIP 13 108
NOZZLES 22/22/22 22/22/22 pH 11.0 BARITE RIG SERV 4
TFA WL 21.0 HULLS CIRC & COND 3 37.5
OUT 4107 HP/HT magma fiber RUN CSG 13.5
IN 4107 3183 FC 2 xanthan gum 2 WOC 46
FOOTAGE 924 CL 3400 bicarb NU BOP 12.5
HOURS 80 Ca 640 CEMENT RIG REPAIR 1
FT/HR 12 Sand tr PacL LOG 0
hP/dia inch 1.9 Solids 5 BenEx FISHING/STUCK 0
IMP FORCE #DIV/0! Oil % PolyPlus CMT 9
DC Anlr Vel 334 334 LCM Flo Trol 1 TEST BOP 2.5
DP Anlr Vel 240 241 WELD HEAD 2
JET PITS 0
DRLG CMT 0.5
BIT # 6 DULL COND: CUT DRLG LINE 0
ICS OCS DC LOC B/S G ODR RP Day Mud $ $1,003 MISC 7 59
4 8 BT A F 0.25 BT DST Cum Mud $ $72,097 TOTAL (Daily/cum) 24 812.5
TIME ACTIVITY RPM WOB ROP
START END HRS FROM TO Drill Stem Testing/Production Section (M lbs) (fph)
0:00 6:00 6.00 waiting on well to recover
6:00 7:00 1.00 RIH tag fluid at 3100' swab from 3985' recovered 6bbls 75%oil 25% acid water
7:00 7:30 0.50 Rig Down swabbing equipment
7:30 8:30 1.00 Fill pipe w/ mud and unseat packer (packer moved down hole about 3 feet)
8:30 9:30 1.00 Circulate bottoms up
9:30 16:00 8.50 POH laying down 2&7/8" tubing
16:00 16:30 0.50 Break down and lay down packer (tailpipe bent slightly indicating it had been pushed in fill)
bottom 3' filled with anhydrite and dolomite cuttings that had been drilled but not circ up
16:30 17:30 1.00 Rig down tubing equipment and rig up for drilling assembly, function test BOP
17:30 21:00 1.00 RIH w/ drilling assembly to 1938
21:00 21:30 0.50 Fill pipe and break circulation
21:30 22:30 1.00 RIH to 4044'
22:30 0:00 1.50 Ream from 4044' to 4103'

DAILY AVG #DIV/0!


SHOWS/FLARE REPORT BHA SURVEYS
Description Length DEPTH DEVIATION AZIMUTH
Bit 0.8 ft 630' 1.75deg
stab 5.5 ft 1160' 6.5deg
LAST BOP TEST 3/13/2013 DC 28.5 ft 1257' 5.75deg
WASTE DISPOSAL SITE: stab 5.4 ft 1783' .5deg
DAILY YDS SOLID - BBLS LIQUID DC 28.8 ft 2401' .5deg
WELL CUM SOLID - 0 CUM LIQUID 0 stab 5.4 ft 3083 ft .5deg
13DC 378.5 ft
TOTAL DRILLED GAS 2HWDP 62.3 ft
GAS Units DC SIZE
Background Gas: 1 8.00
Connection Gas: 0
Trip Gas: 0 DP SIZE
Max Gas: 114 4

ACCIDENTS FUEL (gals)


Start 4444 BHA Length 515.1 ft SLOW PUMP RATES
Received DRILL PIPE 3249 ft PSI SPM
NONE End 4296 WEIGHT OF BHA 30000 M Pump #1
DDR 06/02
NONE
Consumed 148 WEIGHT OF BHA (below jars) 0M Pump #2

DDR 06/02
DAILY DRILLING REPORT AFE DEPTH 4,500 AFE DAYS 33
AFE # : SOUTH CANAL BANK -1
LOCATION: Laguna Seca

WELL NAME: South Canal Bank -1 COUNTRY BELIZE STATE: Orangewalk DATE: 4/4/13 DAY: 41

DEPTH
OPERATIONS: Production Section API#: 4314 PROGRESS: 207
(MD):

CONTRACTOR: MARANCO LTD Rig SUPV: Virgil Welch AFE $: Drlg $0 AFE $: Completed $4,571,295

TOTAL
PSI: 775 SPM: 110 375 DAILY COST: $55,276 CUM DRLG COST: $5,685,636
GPM:
DRILLING MECHANICS CASING STRINGS
PICK UP WEIGHT 83000 PLAN Actual TOL Size WT GRADE THRD LOT/FIT $/ft
SLACK OFF WEIGHT 80000 300' 161 13&3/8" 61# K-55 Weld 161 $ 66.78
ROTATING WEIGHT 77000 1200 1183 9&5/8" 43.5# K-55 BUTT 1183 $ 66.67
TORQUE ON BOTTOM 200 - -
TORQUE OFF BOTTOM 100 - -
BIT RECORD Present Bit Previous Bit MUD PROPERTIES MUD MIXED TIME DISTRIBUTION
BIT NO 7 6 MW 8.8 GEL RU/RD 137
SIZE 8 1/2 8 1/2 VIS 38 SALTGEL DRLG 23 382.5
MFG Smith Security PV 9 LIME 5 REAM/WASH 16
TYPE F37 (RR) S84F YP 15 CAUSTIC 3 SURVEY 4.5
SER. NO EB3979 154558 GELS 5/10 SODA ASH 3 TRIP 108
NOZZLES 22/22/22 22/22/22 pH 11.0 BARITE RIG SERV 4
TFA WL 21.0 HULLS CIRC & COND 1 38.5
OUT 4107 HP/HT magma fiber RUN CSG 13.5
IN 4107 3183 FC 2.5 xanthan gum 1 WOC 46
FOOTAGE 207 924 CL 3900 bicarb NU BOP 12.5
HOURS 23 80 Ca 640 CEMENT RIG REPAIR 1
FT/HR 9 12 Sand tr PacL LOG 0
hP/dia inch 1.8 Solids 5 BenEx FISHING/STUCK 0
IMP FORCE #DIV/0! Oil % PolyPlus CMT 9
DC Anlr Vel 306 334 LCM Flo Trol 2 TEST BOP 2.5
DP Anlr Vel 218 241 WELD HEAD 2
JET PITS 0
DRLG CMT 0.5
BIT # 6 DULL COND: CUT DRLG LINE 0
ICS OCS DC LOC B/S G ODR RP Day Mud $ $1,511 MISC 59
4 8 BT A F 0.25 BT DST Cum Mud $ $72,097 TOTAL (Daily/cum) 24 836.5
TIME ACTIVITY RPM WOB ROP
START END HRS FROM TO Production Section (M lbs) (fph)
0:00 :30 0.50 Circulate and condition mud
0:30 1:30 1.00 4107 4113 Drill from 4107' to 4113' 70 30 6
1:30 2:00 0.50 Circulate and condition mud
2:00 0:00 22.00 4113 4314 Drill from 4113' to 4314' 70 30 9

NOTE: 4328-4331 1 unit, sli incr oil stn, fnt oil odor
bri yelwht mod strmng cut fl, fr pl yel resid ring, tr irid pops

DAILY AVG 9
SHOWS/FLARE REPORT BHA SURVEYS
Description Length DEPTH DEVIATION AZIMUTH
Bit 0.8 ft 630' 1.75deg
stab 5.5 ft 1160' 6.5deg
LAST BOP TEST 3/13/2013 DC 28.5 ft 1257' 5.75deg
WASTE DISPOSAL SITE: stab 5.4 ft 1783' .5deg
DAILY YDS SOLID - BBLS LIQUID DC 28.8 ft 2401' .5deg
WELL CUM SOLID - 0 CUM LIQUID 0 stab 5.4 ft 3083 ft .5deg
13DC 378.5 ft
TOTAL DRILLED GAS 2HWDP 62.3 ft
GAS Units DC SIZE
Background Gas: 1 8.00
Connection Gas: 0
Trip Gas: 0 DP SIZE
Max Gas: 1 4

ACCIDENTS FUEL (gals)


Start 4296 BHA Length 515.1 ft SLOW PUMP RATES
Received DRILL PIPE 3776 ft PSI SPM
NONE End 3398 WEIGHT OF BHA 30000 M Pump #1
DDR 06/02
NONE
Consumed 898 0M Pump #2

DDR 06/02
DAILY DRILLING REPORT AFE DEPTH 4,500 AFE DAYS 33
AFE # : SOUTH CANAL BANK -1
LOCATION: Laguna Seca

WELL NAME: South Canal Bank -1 COUNTRY BELIZE STATE: Orangewalk DATE: 4/5/13 DAY: 42

DEPTH
OPERATIONS: Production Section API#: 4450 PROGRESS: 136
(MD):

CONTRACTOR: MARANCO LTD Rig SUPV: Virgil Welch AFE $: Drlg $0 AFE $: Completed $4,571,295

TOTAL
PSI: 775 SPM: 110 375 DAILY COST: $121,268 CUM DRLG COST: $5,685,636
GPM:
DRILLING MECHANICS CASING STRINGS
PICK UP WEIGHT 83000 PLAN Actual TOL Size WT GRADE THRD LOT/FIT $/ft
SLACK OFF WEIGHT 80000 300' 161 13&3/8" 61# K-55 Weld 161 $ 66.78
ROTATING WEIGHT 77000 1200 1183 9&5/8" 43.5# K-55 BUTT 1183 $ 66.67
TORQUE ON BOTTOM 200 - -
TORQUE OFF BOTTOM 100 - -
BIT RECORD Present Bit Previous Bit MUD PROPERTIES MUD MIXED TIME DISTRIBUTION
BIT NO 7 6 MW 8.8 GEL RU/RD 137
SIZE 8 1/2 8 1/2 VIS 38 SALTGEL DRLG 21 403.5
MFG Smith Security PV 9 LIME REAM/WASH 16
TYPE F37 (RR) S84F YP 15 CAUSTIC SURVEY 4.5
SER. NO EB3979 154558 GELS 5/10 SODA ASH TRIP 1 109
NOZZLES 22/22/22 22/22/22 pH 11.0 BARITE RIG SERV 4
TFA WL 21.0 HULLS CIRC & COND 2 40.5
OUT 4450 4107 HP/HT magma fiber RUN CSG 13.5
IN 4107 3183 FC 2.5 xanthan gum WOC 46
FOOTAGE 343 924 CL 4100 bicarb NU BOP 12.5
HOURS 44 80 Ca 640 CEMENT RIG REPAIR 1
FT/HR 8 12 Sand tr PacL LOG 0
hP/dia inch 1.8 Solids 5 BenEx FISHING/STUCK 0
IMP FORCE #DIV/0! Oil % PolyPlus CMT 9
DC Anlr Vel 306 334 LCM Flo Trol 1 TEST BOP 2.5
DP Anlr Vel 218 241 WELD HEAD 2
JET PITS 0
DRLG CMT 0.5
BIT # 7 DULL COND: CUT DRLG LINE 0
ICS OCS DC LOC B/S G ODR RP Day Mud $ $718 MISC 59
4 8 BT A F 0.25 BT TD Cum Mud $ $72,097 TOTAL (Daily/cum) 24 860.5
TIME ACTIVITY RPM WOB ROP
START END HRS FROM TO Production Section (M lbs) (fph)
0:00 21:00 21.00 4314 4450 Drill from 4314' to 4450' 70 30 6
21:00 22:00 1.00 Circulate for wiper run
22:00 23:00 1.00 Make a 10 stand wiper run
23:00 0:00 1.00 Circulate for logging

TD 4450

NOTE: 4328-4450 <I unit, sli incr oil stn, fnt oil odor, bri yelwht mod strmng cut fl
fr pl yel resid ring, tr irid pops

DAILY AVG 6
SHOWS/FLARE REPORT BHA SURVEYS
Description Length DEPTH DEVIATION AZIMUTH
Bit 0.8 ft 630' 1.75deg
stab 5.5 ft 1160' 6.5deg
LAST BOP TEST 3/13/2013 DC 28.5 ft 1257' 5.75deg
WASTE DISPOSAL SITE: stab 5.4 ft 1783' .5deg
DAILY YDS SOLID - BBLS LIQUID DC 28.8 ft 2401' .5deg
WELL CUM SOLID - 0 CUM LIQUID 0 stab 5.4 ft 3083 ft .5deg
13DC 378.5 ft
TOTAL DRILLED GAS 2HWDP 62.3 ft
GAS Units DC SIZE
Background Gas: 1 8.00
Connection Gas: 0
Trip Gas: 0 DP SIZE
Max Gas: 1 4

ACCIDENTS FUEL (gals)


Start 3398 BHA Length 515.1 ft SLOW PUMP RATES
Received DRILL PIPE 3776 ft PSI SPM
NONE End 2664 WEIGHT OF BHA 30000 M Pump #1
DDR 06/02
NONE
Consumed 734 0M Pump #2

DDR 06/02
DAILY DRILLING REPORT AFE DEPTH 4,500 AFE DAYS 33
AFE # : SOUTH CANAL BANK -1
LOCATION: Laguna Seca

WELL NAME: South Canal Bank -1 COUNTRY BELIZE STATE: Orangewalk DATE: 4/6/13 DAY: 43

DEPTH
OPERATIONS: Log/casing/complete API#: 4450 PROGRESS:
(MD):

CONTRACTOR: MARANCO LTD Rig SUPV: Virgil Welch AFE $: Drlg $0 AFE $: Completed $4,571,295

TOTAL
PSI: 775 SPM: 110 375 DAILY COST: $170,413 CUM DRLG COST: $5,685,636
GPM:
DRILLING MECHANICS CASING STRINGS
PICK UP WEIGHT 83000 PLAN Actual TOL Size WT GRADE THRD LOT/FIT $/ft
SLACK OFF WEIGHT 80000 300' 161 13&3/8" 61# K-55 Weld 161 $ 66.78
ROTATING WEIGHT 77000 1200 1183 9&5/8" 43.5# K-55 BUTT 1183 $ 66.67
TORQUE ON BOTTOM 200 - -
TORQUE OFF BOTTOM 100 - -
BIT RECORD Present Bit Previous Bit MUD PROPERTIES MUD MIXED TIME DISTRIBUTION
BIT NO 7 6 MW 8.8 GEL RU/RD 137
SIZE 8 1/2 8 1/2 VIS 37 SALTGEL DRLG 403.5
MFG Smith Security PV 8 LIME REAM/WASH 16
TYPE F37 (RR) S84F YP 10 CAUSTIC SURVEY 4.5
SER. NO EB3979 154558 GELS 3/6 SODA ASH TRIP 12 121
NOZZLES 22/22/22 22/22/22 pH 11.0 BARITE RIG SERV 4
TFA WL 21.0 HULLS CIRC & COND 1.5 42
OUT 4450 4107 HP/HT magma fiber RUN CSG 13.5
IN 4107 3183 FC 2.5 xanthan gum WOC 46
FOOTAGE 343 924 CL 4100 bicarb NU BOP 12.5
HOURS 44 80 Ca 640 CEMENT RIG REPAIR 1
FT/HR 8 12 Sand tr PacL LOG 9.5 9.5
hP/dia inch 1.8 Solids 5 BenEx FISHING/STUCK 0
IMP FORCE #DIV/0! Oil % PolyPlus CMT 1 10
DC Anlr Vel 306 334 LCM Flo Trol TEST BOP 2.5
DP Anlr Vel 218 241 WELD HEAD 2
JET PITS 0
DRLG CMT 0.5
BIT # 7 DULL COND: CUT DRLG LINE 0
ICS OCS DC LOC B/S G ODR RP Day Mud $ $500 MISC 59
4 8 BT A F 0.25 BT TD Cum Mud $ $72,097 TOTAL (Daily/cum) 24 884.5
TIME ACTIVITY RPM WOB ROP
START END HRS FROM TO log/casing/complete (M lbs) (fph)
0:00 :30 0.50 Circulate and cond mud for Logging
;30 5:00 4.50 POH and lay down 3 DCS and 3 Stabs
5:00 6:00 1.00 Safety meeting and rig up for Logging
6:00 14:00 8.00 runGamma/Dual Laterlog w/ neutron/density, 2nd run Compensated Neutron/PEL/Lithodesity &
Sonic
14:00 14:30 0.50 Rig down Loggers
14:30 17:30 3.00 Function test BOP and RIH and lay down all DCS and weight pipe
17:30 21:30 4.00 RIH with open ended drill pipe to bottom
21:30 22:30 1.00 Circulate hole and hold safety meeting on cementing
22:30 23:00 0.50 Mix and pump 89.5 sx (21.06bbl) of Class"C" cement, density 14.8, yield 1.32 displace w/44bbl
mud with rig pump
23:00 23:30 0.50 POH slowly to 3830'
23:30 0:00 0.50 Circulate---------WOC

DAILY AVG #DIV/0!


SHOWS/FLARE REPORT BHA SURVEYS
Description Length DEPTH DEVIATION AZIMUTH
630' 1.75deg
1160' 6.5deg
LAST BOP TEST 3/13/2013 1257' 5.75deg
WASTE DISPOSAL SITE: 1783' .5deg
DAILY YDS SOLID - BBLS LIQUID 2401' .5deg
WELL CUM SOLID - 0 CUM LIQUID 0 3083 ft .5deg

TOTAL DRILLED GAS


GAS Units DC SIZE
Background Gas: 8.00
Connection Gas: 0
Trip Gas: 0 DP SIZE
Max Gas: 4

ACCIDENTS FUEL (gals)


Start 2664 SLOW PUMP RATES
Received PSI SPM
NONE End 2520 Pump #1
DDR 06/02
NONE
Consumed 144 Pump #2

DDR 06/02
DAILY DRILLING REPORT AFE DEPTH 4,500 AFE DAYS 33
AFE # : SOUTH CANAL BANK -1
LOCATION: Laguna Seca

WELL NAME: South Canal Bank -1 COUNTRY BELIZE STATE: Orangewalk DATE: 4/7/13 DAY: 44

DEPTH
OPERATIONS: Log/casing/complete API#: 4450 PROGRESS:
(MD):

CONTRACTOR: MARANCO LTD Rig SUPV: Virgil Welch AFE $: Drlg $0 AFE $: Completed $4,571,295

TOTAL
PSI: 775 SPM: 110 375 DAILY COST: $47,935 CUM DRLG COST: $5,685,636
GPM:
DRILLING MECHANICS CASING STRINGS
PICK UP WEIGHT 83000 PLAN Actual TOL Size WT GRADE THRD LOT/FIT $/ft
SLACK OFF WEIGHT 80000 300' 161 13&3/8" 61# K-55 Weld 161 $ 66.78
ROTATING WEIGHT 77000 1200 1183 9&5/8" 43.5# K-55 BUTT 1183 $ 66.67
TORQUE ON BOTTOM 200 - -
TORQUE OFF BOTTOM 100 - -
BIT RECORD Present Bit Previous Bit MUD PROPERTIES MUD MIXED TIME DISTRIBUTION
BIT NO 7 6 MW 9.1 GEL RU/RD 137
SIZE 8 1/2 8 1/2 VIS 33 SALTGEL DRLG 403.5
MFG Smith Security PV 7 LIME REAM/WASH 16
TYPE F37 (RR) S84F YP 8 CAUSTIC SURVEY 4.5
SER. NO EB3979 154558 GELS 3/8 SODA ASH TRIP 3 124
NOZZLES 22/22/22 22/22/22 pH 10.0 BARITE RIG SERV 4
TFA WL 25.0 HULLS CIRC & COND 9.5 51.5
OUT 4450 4107 HP/HT magma fiber RUN CSG 13.5
IN 4107 3183 FC 2.5 xanthan gum WOC 10.5 56.5
FOOTAGE 343 924 CL 4100 bicarb NU BOP 12.5
HOURS 44 80 Ca 640 CEMENT RIG REPAIR 1
FT/HR 8 12 Sand tr PacL LOG 9.5
hP/dia inch 1.8 Solids 4 BenEx FISHING/STUCK 0
IMP FORCE #DIV/0! Oil % PolyPlus CMT 1 11
DC Anlr Vel 306 334 LCM Flo Trol TEST BOP 2.5
DP Anlr Vel 218 241 WELD HEAD 2
JET PITS 0
DRLG CMT 0.5
BIT # 7 DULL COND: CUT DRLG LINE 0
ICS OCS DC LOC B/S G ODR RP Day Mud $ $500 MISC 59
4 8 BT A F 0.25 BT TD Cum Mud $ $72,097 TOTAL (Daily/cum) 24 908.5
TIME ACTIVITY RPM WOB ROP
START END HRS FROM TO log/casing/complete (M lbs) (fph)
0:00 10:30 10.50 WOC
10:30 11:30 1.00 RIH with open ended drill pipe and tag Top of cement @ 4169'
11:30 12:00 0.50 with drill pipe @4145' spot 19.8cu ft of sand and displace with 24.5 bbl of mud
12:00 12:30 0.50 Pull 10 stands to 3587'
12:30 13:30 1.00 wait on sand to settle----working pipe
13:30 14:30 1.00 wait on sand to settle----circulate @ 3587'
14:30 15:00 0.50 RIH with open ended drill pipe and tag Top of sand @4114'
15:00 16:00 1.00 with drill pipe @4109' spot 33cu ft of sand and displace with 24.5 bbl of mud
16:00 17:00 1.00 Pull drill pipe to 2904'
17:00 0:00 7.00 wait on sand to settle

DAILY AVG #DIV/0!


SHOWS/FLARE REPORT BHA SURVEYS
Description Length DEPTH DEVIATION AZIMUTH
630' 1.75deg
1160' 6.5deg
LAST BOP TEST 3/13/2013 1257' 5.75deg
WASTE DISPOSAL SITE: 1783' .5deg
DAILY YDS SOLID - BBLS LIQUID 2401' .5deg
WELL CUM SOLID - 0 CUM LIQUID 0 3083 ft .5deg

TOTAL DRILLED GAS


GAS Units DC SIZE
Background Gas: 8.00
Connection Gas: 0
Trip Gas: 0 DP SIZE
Max Gas: 4

ACCIDENTS FUEL (gals)


Start 2520 SLOW PUMP RATES
Received PSI SPM
NONE End 2378 Pump #1
DDR 06/02
NONE
Consumed 142 Pump #2

DDR 06/02
DAILY DRILLING REPORT AFE DEPTH 4,500 AFE DAYS 33
AFE # : SOUTH CANAL BANK -1
LOCATION: Laguna Seca

WELL NAME: South Canal Bank -1 COUNTRY BELIZE STATE: Orangewalk DATE: 4/8/13 DAY: 45

DEPTH
OPERATIONS: Log/casing/complete API#: 4450 PROGRESS:
(MD):

CONTRACTOR: MARANCO LTD Rig SUPV: Virgil Welch AFE $: Drlg $0 AFE $: Completed $4,571,295

TOTAL
PSI: 775 SPM: 110 375 DAILY COST: $50,230 CUM DRLG COST: $5,685,636
GPM:
DRILLING MECHANICS CASING STRINGS
PICK UP WEIGHT 83000 PLAN Actual TOL Size WT GRADE THRD LOT/FIT $/ft
SLACK OFF WEIGHT 80000 300' 161 13&3/8" 61# K-55 Weld 161 $ 66.78
ROTATING WEIGHT 77000 1200 1183 9&5/8" 43.5# K-55 BUTT 1183 $ 66.67
TORQUE ON BOTTOM 200 - -
TORQUE OFF BOTTOM 100 - -
BIT RECORD Present Bit Previous Bit MUD PROPERTIES MUD MIXED TIME DISTRIBUTION
BIT NO 7 6 MW 9.1 GEL 30 RU/RD 137
SIZE 8 1/2 8 1/2 VIS 34 SALTGEL DRLG 403.5
MFG Smith Security PV 9 LIME REAM/WASH 16
TYPE F37 (RR) S84F YP 10 CAUSTIC SURVEY 4.5
SER. NO EB3979 154558 GELS 4/9 SODA ASH TRIP 9 133
NOZZLES 22/22/22 22/22/22 pH 10.0 BARITE RIG SERV 4
TFA WL 23.0 HULLS CIRC & COND 6.5 58
OUT 4450 4107 HP/HT magma fiber RUN CSG 8.5 22
IN 4107 3183 FC 2.5 xanthan gum WOC 56.5
FOOTAGE 343 924 CL 4100 bicarb NU BOP 12.5
HOURS 44 80 Ca 640 CEMENT RIG REPAIR 1
FT/HR 8 12 Sand tr PacL LOG 9.5
hP/dia inch 1.8 Solids 4 BenEx FISHING/STUCK 0
IMP FORCE #DIV/0! Oil % PolyPlus CMT 11
DC Anlr Vel 306 334 LCM Flo Trol TEST BOP 2.5
DP Anlr Vel 218 241 WELD HEAD 2
JET PITS 0
DRLG CMT 0.5
BIT # 7 DULL COND: CUT DRLG LINE 0
ICS OCS DC LOC B/S G ODR RP Day Mud $ $1,340 MISC 59
4 8 BT A F 0.25 BT TD Cum Mud $ $72,097 TOTAL (Daily/cum) 24 932.5
TIME ACTIVITY RPM WOB ROP
START END HRS FROM TO log/casing/complete (M lbs) (fph)
0:00 1:00 1.00 RIH and tag sand @ 4104
1:00 2:30 1.50 with drill pipe @ 4083 dump 26.4 cu ft of sand
2:30 5:00 2.50 POH with open ended drill pipe
5:00 8:30 3.50 Cont to wait for sand to settle
8:30 11:00 2.50 RIH with bit and tag sand @ 4068
11:00 11:30 0.50 Wash out sand to 4080
11:30 13:00 1.50 Circulate and clean hole pumping a high visc pill
13:00 15:30 2.50 POH
15:30 16:30 1.00 Rig up to run casing
16:30 0:00 7.50 Run 100 joints (4084.21') of 7" K-55 26ppf LT&C casing

DAILY AVG #DIV/0!


SHOWS/FLARE REPORT BHA SURVEYS
Description Length DEPTH DEVIATION AZIMUTH
630' 1.75deg
1160' 6.5deg
LAST BOP TEST 3/13/2013 1257' 5.75deg
WASTE DISPOSAL SITE: 1783' .5deg
DAILY YDS SOLID - BBLS LIQUID 2401' .5deg
WELL CUM SOLID - 0 CUM LIQUID 0 3083 ft .5deg

TOTAL DRILLED GAS


GAS Units DC SIZE
Background Gas: 8.00
Connection Gas: 0
Trip Gas: 0 DP SIZE
Max Gas: 4

ACCIDENTS FUEL (gals)


Start 2378 SLOW PUMP RATES
Received PSI SPM
NONE End 1548 Pump #1
DDR 06/02
NONE
Consumed 830 Pump #2

DDR 06/02
DAILY DRILLING REPORT AFE DEPTH 4,500 AFE DAYS 33
AFE # : SOUTH CANAL BANK -1
LOCATION: Laguna Seca

WELL NAME: South Canal Bank -1 COUNTRY BELIZE STATE: Orangewalk DATE: 4/9/13 DAY: 46

DEPTH
OPERATIONS: Log/casing/complete API#: 4450 PROGRESS:
(MD):

CONTRACTOR: MARANCO LTD Rig SUPV: Virgil Welch AFE $: Drlg $0 AFE $: Completed $4,571,295

TOTAL
PSI: 775 SPM: 110 375 DAILY COST: $50,171 CUM DRLG COST: $5,685,636
GPM:
DRILLING MECHANICS CASING STRINGS
PICK UP WEIGHT 83000 PLAN Actual TOL Size WT GRADE THRD LOT/FIT $/ft
SLACK OFF WEIGHT 80000 300' 161 13&3/8" 61# K-55 Weld 161 $ 66.78
ROTATING WEIGHT 77000 1200 1183 9&5/8" 43.5# K-55 BUTT 1183 $ 66.67
TORQUE ON BOTTOM 200 - -
TORQUE OFF BOTTOM 100 - -
BIT RECORD Present Bit Previous Bit MUD PROPERTIES MUD MIXED TIME DISTRIBUTION
BIT NO 7 MW GEL RU/RD 0.5 137.5
SIZE 8 1/2 VIS SALTGEL DRLG 403.5
MFG Smith PV LIME REAM/WASH 1 17
TYPE F37(rr) YP CAUSTIC SURVEY 4.5
SER. NO EB3979 GELS SODA ASH TRIP 4.5 137.5
NOZZLES 22/22/22 pH BARITE RIG SERV 4
TFA WL HULLS CIRC & COND 2.5 60.5
OUT 4450 HP/HT magma fiber RUN CSG 1.5 22
IN 4107 FC xanthan gum WOC 9 65.5
FOOTAGE 343 CL bicarb NU BOP 2 14.5
HOURS 44 Ca CEMENT RIG REPAIR 1
FT/HR 8 Sand PacL LOG 9.5
hP/dia inch #DIV/0! Solids BenEx FISHING/STUCK 0
IMP FORCE #DIV/0! Oil % PolyPlus CMT 3 14
DC Anlr Vel 306 LCM Flo Trol TEST BOP 2.5
DP Anlr Vel 218 WELD HEAD 2
JET PITS 0
DRLG CMT 0.5
BIT # 7 DULL COND: CUT DRLG LINE 0
ICS OCS DC LOC B/S G ODR RP Day Mud $ $500 MISC 59
4 8 BT A F 0.25 BT TD Cum Mud $ $72,097 TOTAL (Daily/cum) 24 955
TIME ACTIVITY RPM WOB ROP
START END HRS FROM TO log/casing/complete (M lbs) (fph)
0:00 1:30 1.50 Running 7" casing
1:30 2:30 1.00 Rig up swedge and circulate casing
2:30 3:30 1.00 Mix and pump lead slurry, 168.2 sx (52.77bbls) of Class "C" cement w/ 3% gel, 0.01% CAF-34
0.02% CDI 26L, density 13.3, yield 1.76 followed by tail slurry of 138 sx of Class "C" cement
w/0.01% CAF-34, 0.03% CDI 26L, density 14.8, yield 1.32, Displace w/ 145bbls mud
CIP @ 03:30
3:30 13:00 9.50 WOC
13:00 14:00 1.00 Pick up BOP and set 75K on 7" slips in C-22 wellhead, cut off 7"
14:00 16:00 2.00 Nipple up BOP
16:00 20:30 4.50 Make up 6&1/4" bit and RIH to float collar
20:30 21:30 1.00 Drill float , 43' of cement, shoe and wash sand out to 4107
21:30 0:00 2.50 Circulate and sweep hole with high visc pill to get all sand out

DAILY AVG #DIV/0!


SHOWS/FLARE REPORT BHA SURVEYS
Description Length DEPTH DEVIATION AZIMUTH
630' 1.75deg
1160' 6.5deg
LAST BOP TEST 3/13/2013 1257' 5.75deg
WASTE DISPOSAL SITE: 1783' .5deg
DAILY YDS SOLID - BBLS LIQUID 2401' .5deg
WELL CUM SOLID - 0 CUM LIQUID 0 3083 ft .5deg

TOTAL DRILLED GAS


GAS Units DC SIZE
Background Gas: 8.00
Connection Gas: 0
Trip Gas: 0 DP SIZE
Max Gas: 4

ACCIDENTS FUEL (gals)


Start 1548 SLOW PUMP RATES
Received PSI SPM
NONE End 1418 Pump #1
DDR 06/02
NONE
Consumed 130 Pump #2

DDR 06/02
DAILY DRILLING REPORT AFE DEPTH 4,500 AFE DAYS 33
AFE # : SOUTH CANAL BANK -1
LOCATION: Laguna Seca

WELL NAME: South Canal Bank -1 COUNTRY BELIZE STATE: Orangewalk DATE: 4/10/13 DAY: 47

DEPTH
OPERATIONS: Complete API#: 4450 PROGRESS:
(MD):

CONTRACTOR: MARANCO LTD Rig SUPV: Virgil Welch AFE $: Drlg $0 AFE $: Completed $4,571,295

TOTAL
PSI: 775 SPM: 110 375 DAILY COST: $52,760 CUM DRLG COST: $5,685,636
GPM:
DRILLING MECHANICS CASING STRINGS
PICK UP WEIGHT 83000 PLAN Actual TOL Size WT GRADE THRD LOT/FIT $/ft
SLACK OFF WEIGHT 80000 300' 161 13&3/8" 61# K-55 Weld 161 $ 66.78
ROTATING WEIGHT 77000 1200 1183 9&5/8" 43.5# K-55 BUTT 1183 $ 66.67
TORQUE ON BOTTOM 200 - -
TORQUE OFF BOTTOM 100 - -
BIT RECORD Present Bit Previous Bit MUD PROPERTIES MUD MIXED TIME DISTRIBUTION
BIT NO 7 MW GEL RU/RD 137.5
SIZE 8 1/2 VIS SALTGEL DRLG 403.5
MFG Smith PV LIME REAM/WASH 17
TYPE F37(rr) YP CAUSTIC SURVEY 4.5
SER. NO EB3979 GELS SODA ASH TRIP 10.5 148
NOZZLES 22/22/22 pH BARITE RIG SERV 4
TFA WL HULLS CIRC & COND 1.5 62
OUT 4450 HP/HT magma fiber RUN CSG 22
IN 4107 FC xanthan gum WOC 65.5
FOOTAGE 343 CL bicarb NU BOP 12 26.5
HOURS 44 Ca CEMENT RIG REPAIR 1
FT/HR 8 Sand PacL LOG 9.5
hP/dia inch #DIV/0! Solids BenEx FISHING/STUCK 0
IMP FORCE #DIV/0! Oil % PolyPlus CMT 14
DC Anlr Vel 306 LCM Flo Trol TEST BOP 2.5
DP Anlr Vel 218 WELD HEAD 2
JET PITS 0
DRLG CMT 0.5
BIT # 7 DULL COND: CUT DRLG LINE 0
ICS OCS DC LOC B/S G ODR RP Day Mud $ $2,339 MISC 59
4 8 BT A F 0.25 BT TD Cum Mud $ $72,097 TOTAL (Daily/cum) 24 979
TIME ACTIVITY RPM WOB ROP
START END HRS FROM TO complete (M lbs) (fph)
0:00 3:00 3.00 POH and lay down 4.5" drill collars and bit
3:00 6:00 3.00 RIH w/ drill pipe and wash tool
6:00 7:30 1.50 wash open hole and change over to polymer water
7:30 12:00 4.50 POH laying down drill pipe
12:00 0:00 12.00 Nipple down 13&5/8" BOP install bonnet and nipple up 7&1/16 BOP

DAILY AVG #DIV/0!


SHOWS/FLARE REPORT BHA SURVEYS
Description Length DEPTH DEVIATION AZIMUTH
630' 1.75deg
1160' 6.5deg
LAST BOP TEST 3/13/2013 1257' 5.75deg
WASTE DISPOSAL SITE: 1783' .5deg
DAILY YDS SOLID - BBLS LIQUID 2401' .5deg
WELL CUM SOLID - 0 CUM LIQUID 0 3083 ft .5deg

TOTAL DRILLED GAS


GAS Units DC SIZE
Background Gas: 8.00
Connection Gas: 0
Trip Gas: 0 DP SIZE
Max Gas: 4

ACCIDENTS FUEL (gals)


Start 1418 SLOW PUMP RATES
Received PSI SPM
NONE End 1286 Pump #1
DDR 06/02
NONE
Consumed 132 Pump #2

DDR 06/02
DAILY DRILLING REPORT AFE DEPTH 4,500 AFE DAYS 33
AFE # : SOUTH CANAL BANK -1
LOCATION: Laguna Seca

WELL NAME: South Canal Bank -1 COUNTRY BELIZE STATE: Orangewalk DATE: 4/11/13 DAY: 48

DEPTH
OPERATIONS: Complete API#: 4450 PROGRESS:
(MD):

CONTRACTOR: MARANCO LTD Rig SUPV: Virgil Welch AFE $: Drlg $0 AFE $: Completed $4,571,295

TOTAL
PSI: SPM: DAILY COST: $46,567 CUM DRLG COST: $5,685,636
GPM:
DRILLING MECHANICS CASING STRINGS
PICK UP WEIGHT 83000 PLAN Actual TOL Size WT GRADE THRD LOT/FIT $/ft
SLACK OFF WEIGHT 80000 300' 161 13&3/8" 61# K-55 Weld 161 $ 66.78
ROTATING WEIGHT 77000 1200 1183 9&5/8" 43.5# K-55 BUTT 1183 $ 66.67
TORQUE ON BOTTOM 200 - -
TORQUE OFF BOTTOM 100 - -
BIT RECORD Present Bit Previous Bit MUD PROPERTIES MUD MIXED TIME DISTRIBUTION
BIT NO 7 MW GEL RU/RD 4 141.5
SIZE 8 1/2 VIS SALTGEL DRLG 403.5
MFG Smith PV LIME REAM/WASH 17
TYPE F37(rr) YP CAUSTIC SURVEY 4.5
SER. NO EB3979 GELS SODA ASH TRIP 148
NOZZLES 22/22/22 pH BARITE RIG SERV 4
TFA WL HULLS CIRC & COND 62
OUT 4450 HP/HT magma fiber RUN CSG 22
IN 4107 FC xanthan gum WOC 65.5
FOOTAGE 343 CL bicarb NU BOP 8 34.5
HOURS 44 Ca CEMENT RIG REPAIR 1
FT/HR 8 Sand PacL LOG 9.5
hP/dia inch #DIV/0! Solids BenEx FISHING/STUCK 0
IMP FORCE #DIV/0! Oil % PolyPlus CMT 14
DC Anlr Vel 306 LCM Flo Trol TEST BOP 3 5.5
DP Anlr Vel 218 WELD HEAD 2
JET PITS 0
DRLG CMT 0.5
BIT # 7 DULL COND: CUT DRLG LINE 0
ICS OCS DC LOC B/S G ODR RP Day Mud $ $0 MISC 9 68
4 8 BT A F 0.25 BT TD Cum Mud $ $72,097 TOTAL (Daily/cum) 24 1003
TIME ACTIVITY RPM WOB ROP
START END HRS FROM TO complete (M lbs) (fph)
3:00 3.00 Replace BOP Seal
3:00 7:00 4.00 Short change drill crews
7:00 12:00 5.00 Nipple up bell nipple
12:00 16:00 4.00 rig up choke and kill lines
16:00 19:00 3.00 Clean and service side valves on 13&3/8 BOP
19:00 0:00 5.00 Shut down for darkness

DAILY AVG #DIV/0!


SHOWS/FLARE REPORT BHA SURVEYS
Description Length DEPTH DEVIATION AZIMUTH
630' 1.75deg
1160' 6.5deg
LAST BOP TEST 3/13/2013 1257' 5.75deg
WASTE DISPOSAL SITE: 1783' .5deg
DAILY YDS SOLID - BBLS LIQUID 2401' .5deg
WELL CUM SOLID - 0 CUM LIQUID 0 3083 ft .5deg

TOTAL DRILLED GAS


GAS Units DC SIZE
Background Gas: 8.00
Connection Gas: 0
Trip Gas: 0 DP SIZE
Max Gas: 4

ACCIDENTS FUEL (gals)


Start 1286 SLOW PUMP RATES
Received 2900 PSI SPM
NONE End 4114 Pump #1
DDR 06/02
NONE
Consumed 72 Pump #2

DDR 06/02
DAILY DRILLING REPORT AFE DEPTH 4,500 AFE DAYS 33
AFE # : SOUTH CANAL BANK -1
LOCATION: Laguna Seca

WELL NAME: South Canal Bank -1 COUNTRY BELIZE STATE: Orangewalk DATE: 4/12/13 DAY: 49

DEPTH
OPERATIONS: Complete API#: 4450 PROGRESS:
(MD):

CONTRACTOR: MARANCO LTD Rig SUPV: Virgil Welch AFE $: Drlg $0 AFE $: Completed $4,571,295

TOTAL
PSI: SPM: DAILY COST: $42,565 CUM DRLG COST: $5,685,636
GPM:
DRILLING MECHANICS CASING STRINGS
PICK UP WEIGHT 83000 PLAN Actual TOL Size WT GRADE THRD LOT/FIT $/ft
SLACK OFF WEIGHT 80000 300' 161 13&3/8" 61# K-55 Weld 161 $ 66.78
ROTATING WEIGHT 77000 1200 1183 9&5/8" 43.5# K-55 BUTT 1183 $ 66.67
TORQUE ON BOTTOM 200 - -
TORQUE OFF BOTTOM 100 - -
BIT RECORD Present Bit Previous Bit MUD PROPERTIES MUD MIXED TIME DISTRIBUTION
BIT NO 7 MW GEL RU/RD 141.5
SIZE 8 1/2 VIS SALTGEL DRLG 403.5
MFG Smith PV LIME REAM/WASH 17
TYPE F37(rr) YP CAUSTIC SURVEY 4.5
SER. NO EB3979 GELS SODA ASH TRIP 148
NOZZLES 22/22/22 pH BARITE RIG SERV 4
TFA WL HULLS CIRC & COND 62
OUT 4450 HP/HT magma fiber RUN CSG 22
IN 4107 FC xanthan gum WOC 65.5
FOOTAGE 343 CL bicarb NU BOP 34.5
HOURS 44 Ca CEMENT RIG REPAIR 1
FT/HR 8 Sand PacL LOG 9.5
hP/dia inch #DIV/0! Solids BenEx FISHING/STUCK 0
IMP FORCE #DIV/0! Oil % PolyPlus CMT 14
DC Anlr Vel 306 LCM Flo Trol TEST BOP 5.5
DP Anlr Vel 218 WELD HEAD 2
JET PITS 0
DRLG CMT 0.5
BIT # 7 DULL COND: CUT DRLG LINE 0
ICS OCS DC LOC B/S G ODR RP Day Mud $ $0 MISC 24 92
4 8 BT A F 0.25 BT TD Cum Mud $ $72,097 TOTAL (Daily/cum) 24 1027
TIME ACTIVITY RPM WOB ROP
START END HRS FROM TO complete (M lbs) (fph)
7:00 7.00 Shut down for darkness
7:00 19:00 12.00 Wait on Company tools-clean and service rig
19:00 0:00 5.00 Shut down for darkness

DAILY AVG #DIV/0!


SHOWS/FLARE REPORT BHA SURVEYS
Description Length DEPTH DEVIATION AZIMUTH
630' 1.75deg
1160' 6.5deg
LAST BOP TEST 3/13/2013 1257' 5.75deg
WASTE DISPOSAL SITE: 1783' .5deg
DAILY YDS SOLID - BBLS LIQUID 2401' .5deg
WELL CUM SOLID - 0 CUM LIQUID 0 3083 ft .5deg

TOTAL DRILLED GAS


GAS Units DC SIZE
Background Gas: 8.00
Connection Gas: 0
Trip Gas: 0 DP SIZE
Max Gas: 4

ACCIDENTS FUEL (gals)


Start 4114 SLOW PUMP RATES
Received PSI SPM
NONE End 4054 Pump #1
DDR 06/02
NONE
Consumed 60 Pump #2

DDR 06/02
DAILY DRILLING REPORT AFE DEPTH 4,500 AFE DAYS 33
AFE # : SOUTH CANAL BANK -1
LOCATION: Laguna Seca

WELL NAME: South Canal Bank -1 COUNTRY BELIZE STATE: Orangewalk DATE: 4/13/13 DAY: 50

DEPTH
OPERATIONS: Complete API#: 4450 PROGRESS:
(MD):

CONTRACTOR: MARANCO LTD Rig SUPV: Virgil Welch AFE $: Drlg $0 AFE $: Completed $4,571,295

TOTAL
PSI: SPM: DAILY COST: $42,565 CUM DRLG COST: $5,685,636
GPM:
DRILLING MECHANICS CASING STRINGS
PICK UP WEIGHT 83000 PLAN Actual TOL Size WT GRADE THRD LOT/FIT $/ft
SLACK OFF WEIGHT 80000 300' 161 13&3/8" 61# K-55 Weld 161 $ 66.78
ROTATING WEIGHT 77000 1200 1183 9&5/8" 43.5# K-55 BUTT 1183 $ 66.67
TORQUE ON BOTTOM 200 - -
TORQUE OFF BOTTOM 100 - -
BIT RECORD Present Bit Previous Bit MUD PROPERTIES MUD MIXED TIME DISTRIBUTION
BIT NO 7 MW GEL RU/RD 141.5
SIZE 8 1/2 VIS SALTGEL DRLG 403.5
MFG Smith PV LIME REAM/WASH 17
TYPE F37(rr) YP CAUSTIC SURVEY 4.5
SER. NO EB3979 GELS SODA ASH TRIP 148
NOZZLES 22/22/22 pH BARITE RIG SERV 4
TFA WL HULLS CIRC & COND 62
OUT 4450 HP/HT magma fiber RUN CSG 22
IN 4107 FC xanthan gum WOC 65.5
FOOTAGE 343 CL bicarb NU BOP 34.5
HOURS 44 Ca CEMENT RIG REPAIR 1
FT/HR 8 Sand PacL LOG 9.5
hP/dia inch #DIV/0! Solids BenEx FISHING/STUCK 0
IMP FORCE #DIV/0! Oil % PolyPlus CMT 14
DC Anlr Vel 306 LCM Flo Trol TEST BOP 5.5
DP Anlr Vel 218 WELD HEAD 2
JET PITS 0
DRLG CMT 0.5
BIT # 7 DULL COND: CUT DRLG LINE 0
ICS OCS DC LOC B/S G ODR RP Day Mud $ $0 MISC 24 92
4 8 BT A F 0.25 BT TD Cum Mud $ $72,097 TOTAL (Daily/cum) 24 1027
TIME ACTIVITY RPM WOB ROP
START END HRS FROM TO complete (M lbs) (fph)
7:00 7.00 Shut down for darkness
7:00 19:00 12.00 continue to service while waiting on bridge plug
19:00 0:00 5.00 Shut down for darkness

DAILY AVG #DIV/0!


SHOWS/FLARE REPORT BHA SURVEYS
Description Length DEPTH DEVIATION AZIMUTH
630' 1.75deg
1160' 6.5deg
LAST BOP TEST 3/13/2013 1257' 5.75deg
WASTE DISPOSAL SITE: 1783' .5deg
DAILY YDS SOLID - BBLS LIQUID 2401' .5deg
WELL CUM SOLID - 0 CUM LIQUID 0 3083 ft .5deg

TOTAL DRILLED GAS


GAS Units DC SIZE
Background Gas: 8.00
Connection Gas: 0
Trip Gas: 0 DP SIZE
Max Gas: 4

ACCIDENTS FUEL (gals)


Start 4054 SLOW PUMP RATES
Received PSI SPM
NONE End 4004 Pump #1
DDR 06/02
NONE
Consumed 50 Pump #2

DDR 06/02
DAILY DRILLING REPORT AFE DEPTH 4,500 AFE DAYS 33
AFE # : SOUTH CANAL BANK -1
LOCATION: Laguna Seca

WELL NAME: South Canal Bank -1 COUNTRY BELIZE STATE: Orangewalk DATE: 4/14/13 DAY: 51

DEPTH
OPERATIONS: Complete API#: 4450 PROGRESS:
(MD):

CONTRACTOR: MARANCO LTD Rig SUPV: Virgil Welch AFE $: Drlg $0 AFE $: Completed $4,571,295

TOTAL
PSI: SPM: DAILY COST: $41,815 CUM DRLG COST: $5,685,636
GPM:
DRILLING MECHANICS CASING STRINGS
PICK UP WEIGHT 83000 PLAN Actual TOL Size WT GRADE THRD LOT/FIT $/ft
SLACK OFF WEIGHT 80000 300' 161 13&3/8" 61# K-55 Weld 161 $ 66.78
ROTATING WEIGHT 77000 1200 1183 9&5/8" 43.5# K-55 BUTT 1183 $ 66.67
TORQUE ON BOTTOM 200 - -
TORQUE OFF BOTTOM 100 - -
BIT RECORD Present Bit Previous Bit MUD PROPERTIES MUD MIXED TIME DISTRIBUTION
BIT NO 7 MW GEL RU/RD 141.5
SIZE 8 1/2 VIS SALTGEL DRLG 403.5
MFG Smith PV LIME REAM/WASH 17
TYPE F37(rr) YP CAUSTIC SURVEY 4.5
SER. NO EB3979 GELS SODA ASH TRIP 148
NOZZLES 22/22/22 pH BARITE RIG SERV 4
TFA WL HULLS CIRC & COND 62
OUT 4450 HP/HT magma fiber RUN CSG 22
IN 4107 FC xanthan gum WOC 65.5
FOOTAGE 343 CL bicarb NU BOP 34.5
HOURS 44 Ca CEMENT RIG REPAIR 1
FT/HR 8 Sand PacL LOG 9.5
hP/dia inch #DIV/0! Solids BenEx FISHING/STUCK 0
IMP FORCE #DIV/0! Oil % PolyPlus CMT 14
DC Anlr Vel 306 LCM Flo Trol TEST BOP 5.5
DP Anlr Vel 218 WELD HEAD 2
JET PITS 0
DRLG CMT 0.5
BIT # 7 DULL COND: CUT DRLG LINE 0
ICS OCS DC LOC B/S G ODR RP Day Mud $ $0 MISC 24 116
4 8 BT A F 0.25 BT TD Cum Mud $ $72,097 TOTAL (Daily/cum) 24 1051
TIME ACTIVITY RPM WOB ROP
START END HRS FROM TO complete (M lbs) (fph)
7:00 7.00 Shut down for darkness
7:00 19:00 12.00 Cont waiting on Bridge Plug-general maintainence
19:00 0:00 5.00 Shut down for darkness

DAILY AVG #DIV/0!


SHOWS/FLARE REPORT BHA SURVEYS
Description Length DEPTH DEVIATION AZIMUTH
630' 1.75deg
1160' 6.5deg
LAST BOP TEST 3/13/2013 1257' 5.75deg
WASTE DISPOSAL SITE: 1783' .5deg
DAILY YDS SOLID - BBLS LIQUID 2401' .5deg
WELL CUM SOLID - 0 CUM LIQUID 0 3083 ft .5deg

TOTAL DRILLED GAS


GAS Units DC SIZE
Background Gas: 8.00
Connection Gas: 0
Trip Gas: 0 DP SIZE
Max Gas: 4

ACCIDENTS FUEL (gals)


Start 4004 SLOW PUMP RATES
Received PSI SPM
NONE End 3954 Pump #1
DDR 06/02
NONE
Consumed 50 Pump #2

DDR 06/02
DAILY DRILLING REPORT AFE DEPTH 4,500 AFE DAYS 33
AFE # : SOUTH CANAL BANK -1
LOCATION: Laguna Seca

WELL NAME: South Canal Bank -1 COUNTRY BELIZE STATE: Orangewalk DATE: 4/15/13 DAY: 52

DEPTH
OPERATIONS: Complete API#: 4450 PROGRESS:
(MD):

CONTRACTOR: MARANCO LTD Rig SUPV: Virgil Welch AFE $: Drlg $0 AFE $: Completed $4,571,295

TOTAL
PSI: SPM: DAILY COST: $43,315 CUM DRLG COST: $5,685,636
GPM:
DRILLING MECHANICS CASING STRINGS
PICK UP WEIGHT 83000 PLAN Actual TOL Size WT GRADE THRD LOT/FIT $/ft
SLACK OFF WEIGHT 80000 300' 161 13&3/8" 61# K-55 Weld 161 $ 66.78
ROTATING WEIGHT 77000 1200 1183 9&5/8" 43.5# K-55 BUTT 1183 $ 66.67
TORQUE ON BOTTOM 200 - -
TORQUE OFF BOTTOM 100 - -
BIT RECORD Present Bit Previous Bit MUD PROPERTIES MUD MIXED TIME DISTRIBUTION
BIT NO 7 MW GEL RU/RD 141.5
SIZE 8 1/2 VIS SALTGEL DRLG 403.5
MFG Smith PV LIME REAM/WASH 17
TYPE F37(rr) YP CAUSTIC SURVEY 4.5
SER. NO EB3979 GELS SODA ASH TRIP 148
NOZZLES 22/22/22 pH BARITE RIG SERV 4
TFA WL HULLS CIRC & COND 62
OUT 4450 HP/HT magma fiber RUN CSG 22
IN 4107 FC xanthan gum WOC 65.5
FOOTAGE 343 CL bicarb NU BOP 0.5 35
HOURS 44 Ca CEMENT RIG REPAIR 1
FT/HR 8 Sand PacL LOG 9.5
hP/dia inch #DIV/0! Solids BenEx FISHING/STUCK 0
IMP FORCE #DIV/0! Oil % PolyPlus CMT 14
DC Anlr Vel 306 LCM Flo Trol TEST BOP 0.5 6
DP Anlr Vel 218 WELD HEAD 2
JET PITS 0
DRLG CMT 0.5
BIT # 7 DULL COND: CUT DRLG LINE 0
ICS OCS DC LOC B/S G ODR RP Day Mud $ $0 MISC 23 116
4 8 BT A F 0.25 BT TD Cum Mud $ $72,097 TOTAL (Daily/cum) 24 1052
TIME ACTIVITY RPM WOB ROP
START END HRS FROM TO complete (M lbs) (fph)
7:00 7.00 Shut down for darkness
7:00 17:00 10.00 Cont waiting on Bridge Plug-general maintainence
17:00 23:00 6.00 Tubing and bridge plug arrive, unload and strap
23:00 23:30 0.50 Pressure test blind rams--failed
23:30 0:00 0.50 Nipple down BOP and work on leak

DAILY AVG #DIV/0!


SHOWS/FLARE REPORT BHA SURVEYS
Description Length DEPTH DEVIATION AZIMUTH
630' 1.75deg
1160' 6.5deg
LAST BOP TEST 4/15/2013 1257' 5.75deg
WASTE DISPOSAL SITE: 1783' .5deg
DAILY YDS SOLID - BBLS LIQUID 2401' .5deg
WELL CUM SOLID - 0 CUM LIQUID 0 3083 ft .5deg

TOTAL DRILLED GAS


GAS Units DC SIZE
Background Gas: 8.00
Connection Gas: 0
Trip Gas: 0 DP SIZE
Max Gas: 4

ACCIDENTS FUEL (gals)


Start 3954 1 SLOW PUMP RATES
Received PSI SPM
NONE End 3572 Pump #1
DDR 06/02
NONE
Consumed 382 Pump #2

DDR 06/02
DAILY DRILLING REPORT AFE DEPTH 4,500 AFE DAYS 33
AFE # : SOUTH CANAL BANK -1
LOCATION: Laguna Seca

WELL NAME: South Canal Bank -1 COUNTRY BELIZE STATE: Orangewalk DATE: 4/16/13 DAY: 53

DEPTH
OPERATIONS: Complete API#: 4450 PROGRESS:
(MD):

CONTRACTOR: MARANCO LTD Rig SUPV: Virgil Welch AFE $: Drlg $0 AFE $: Completed $4,571,295

TOTAL
PSI: SPM: DAILY COST: $43,615 CUM DRLG COST: $5,685,636
GPM:
DRILLING MECHANICS CASING STRINGS
PICK UP WEIGHT 83000 PLAN Actual TOL Size WT GRADE THRD LOT/FIT $/ft
SLACK OFF WEIGHT 80000 300' 161 13&3/8" 61# K-55 Weld 161 $ 66.78
ROTATING WEIGHT 77000 1200 1183 9&5/8" 43.5# K-55 BUTT 1183 $ 66.67
TORQUE ON BOTTOM 200 - -
TORQUE OFF BOTTOM 100 - -
BIT RECORD Present Bit Previous Bit MUD PROPERTIES MUD MIXED TIME DISTRIBUTION
BIT NO 7 MW GEL RU/RD 141.5
SIZE 8 1/2 VIS SALTGEL DRLG 403.5
MFG Smith PV LIME REAM/WASH 0.5 17.5
TYPE F37(rr) YP CAUSTIC SURVEY 4.5
SER. NO EB3979 GELS SODA ASH TRIP 16.5 148
NOZZLES 22/22/22 pH BARITE RIG SERV 4
TFA WL HULLS CIRC & COND 2.5 64.5
OUT 4450 HP/HT magma fiber RUN CSG 22
IN 4107 FC xanthan gum WOC 65.5
FOOTAGE 343 CL bicarb NU BOP 1.5 36.5
HOURS 44 Ca CEMENT RIG REPAIR 1
FT/HR 8 Sand PacL LOG 9.5
hP/dia inch #DIV/0! Solids BenEx FISHING/STUCK 0
IMP FORCE #DIV/0! Oil % PolyPlus CMT 14
DC Anlr Vel 306 LCM Flo Trol TEST BOP 1.5 7.5
DP Anlr Vel 218 WELD HEAD 2
JET PITS 0
DRLG CMT 0.5
BIT # 7 DULL COND: CUT DRLG LINE 0
ICS OCS DC LOC B/S G ODR RP Day Mud $ $0 MISC 1.5 116
4 8 BT A F 0.25 BT TD Cum Mud $ $72,097 TOTAL (Daily/cum) 24 1058
TIME ACTIVITY RPM WOB ROP
START END HRS FROM TO complete (M lbs) (fph)
1:30 1.50 Work on BOP
1:30 2:00 0.50 Pressure test pipe rams to 300 psi for 15 min test OK
2:00 9:00 7.00 Make up 6&1/4"bit and RIH to shoe @ 4080'
9:00 9:30 0.50 pressure test pipe rams against kill line side 10 min 250psi OK
9:30 10:00 0.50 Wash from 4080' to 4130'
10:00 12:30 2.50 Pump high visc pill and circulate 2X bottoms up
12:30 15:00 4.50 POH with bit
15:00 15:30 0.50 lay down bit and cross overs
15:30 20:30 5.00 RIH with permanent bridge plug to 4109'
20:30 22:00 1.50 Rig up and set bridge plug @4109 and release from same
22:00 23:00 1.00 Rig up for swabbing
23:00 0:00 1.00 swabbing water from well

DAILY AVG #DIV/0!


SHOWS/FLARE REPORT BHA SURVEYS
Description Length DEPTH DEVIATION AZIMUTH
630' 1.75deg
1160' 6.5deg
LAST BOP TEST 4/15/2013 1257' 5.75deg
WASTE DISPOSAL SITE: 1783' .5deg
DAILY YDS SOLID - BBLS LIQUID 2401' .5deg
WELL CUM SOLID - 0 CUM LIQUID 0 3083 ft .5deg

TOTAL DRILLED GAS


GAS Units DC SIZE
Background Gas: 8.00
Connection Gas: 0
Trip Gas: 0 DP SIZE
Max Gas: 4

ACCIDENTS FUEL (gals)


Start 3572 1 SLOW PUMP RATES
Received PSI SPM
NONE End 3208 Pump #1
DDR 06/02
NONE
Consumed 364 Pump #2

DDR 06/02
DAILY DRILLING REPORT AFE DEPTH 4,500 AFE DAYS 33
AFE # : SOUTH CANAL BANK -1
LOCATION: Laguna Seca

WELL NAME: South Canal Bank -1 COUNTRY BELIZE STATE: Orangewalk DATE: 4/17/13 DAY: 54

DEPTH
OPERATIONS: Complete API#: 4450 PROGRESS:
(MD):

CONTRACTOR: MARANCO LTD Rig SUPV: Virgil Welch AFE $: Drlg $0 AFE $: Completed $4,571,295

TOTAL
PSI: SPM: DAILY COST: $43,945 CUM DRLG COST: $5,685,636
GPM:
DRILLING MECHANICS CASING STRINGS
PICK UP WEIGHT 83000 PLAN Actual TOL Size WT GRADE THRD LOT/FIT $/ft
SLACK OFF WEIGHT 80000 300' 161 13&3/8" 61# K-55 Weld 161 $ 66.78
ROTATING WEIGHT 77000 1200 1183 9&5/8" 43.5# K-55 BUTT 1183 $ 66.67
TORQUE ON BOTTOM 200 - -
TORQUE OFF BOTTOM 100 - -
BIT RECORD Present Bit Previous Bit MUD PROPERTIES MUD MIXED TIME DISTRIBUTION
BIT NO 7 MW GEL RU/RD 141.5
SIZE 8 1/2 VIS SALTGEL DRLG 403.5
MFG Smith PV LIME REAM/WASH 17.5
TYPE F37(rr) YP CAUSTIC SURVEY 4.5
SER. NO EB3979 GELS SODA ASH TRIP 5 153
NOZZLES 22/22/22 pH BARITE RIG SERV 4
TFA WL HULLS CIRC & COND 2 66.5
OUT 4450 HP/HT magma fiber RUN CSG 22
IN 4107 FC xanthan gum WOC 65.5
FOOTAGE 343 CL bicarb NU BOP 36.5
HOURS 44 Ca CEMENT RIG REPAIR 1
FT/HR 8 Sand PacL LOG 9.5
hP/dia inch #DIV/0! Solids BenEx FISHING/STUCK 0
IMP FORCE #DIV/0! Oil % PolyPlus CMT 14
DC Anlr Vel 306 LCM Flo Trol TEST BOP 7.5
DP Anlr Vel 218 WELD HEAD 2
JET PITS 0
DRLG CMT 0.5
BIT # 7 DULL COND: CUT DRLG LINE 0
ICS OCS DC LOC B/S G ODR RP Day Mud $ $0 MISC 17 116
4 8 BT A F 0.25 BT TD Cum Mud $ $72,097 TOTAL (Daily/cum) 24 1065
TIME ACTIVITY RPM WOB ROP
START END HRS FROM TO complete (M lbs) (fph)
13:30 13.50 Swabbing water from well (excessive amounts of water) suspect plug has fell
13:30 14:00 0.50 RIH and tag bridge plug@ 4154 (has fallen to the bottom of well) water coming from lower zone
14:00 15:00 1.00 POH to 4080 and WOO
15:00 17:00 2.00 RIH to 4150 and circulate well
17:00 20:30 3.50 Break circ swedge and POH
20:30 0:00 3.50 WOO--flush mud pumps and tidy up

DAILY AVG #DIV/0!


SHOWS/FLARE REPORT BHA SURVEYS
Description Length DEPTH DEVIATION AZIMUTH
630' 1.75deg
1160' 6.5deg
LAST BOP TEST 4/15/2013 1257' 5.75deg
WASTE DISPOSAL SITE: 1783' .5deg
DAILY YDS SOLID - BBLS LIQUID 2401' .5deg
WELL CUM SOLID - 0 CUM LIQUID 0 3083 ft .5deg

TOTAL DRILLED GAS


GAS Units DC SIZE
Background Gas: 8.00
Connection Gas: 0
Trip Gas: 0 DP SIZE
Max Gas: 4

ACCIDENTS FUEL (gals)


Start 3208 1 SLOW PUMP RATES
Received PSI SPM
NONE End 2920 Pump #1
DDR 06/02
NONE
Consumed 288 Pump #2

DDR 06/02
DAILY DRILLING REPORT AFE DEPTH 4,500 AFE DAYS 33
AFE # : SOUTH CANAL BANK -1
LOCATION: Laguna Seca

WELL NAME: South Canal Bank -1 COUNTRY BELIZE STATE: Orangewalk DATE: 4/18/13 DAY: 55

DEPTH
OPERATIONS: Complete API#: 4450 PROGRESS:
(MD):

CONTRACTOR: MARANCO LTD Rig SUPV: Virgil Welch AFE $: Drlg $0 AFE $: Completed $4,571,295

TOTAL
PSI: SPM: DAILY COST: $61,082 CUM DRLG COST: $5,685,636
GPM:
DRILLING MECHANICS CASING STRINGS
PICK UP WEIGHT 83000 PLAN Actual TOL Size WT GRADE THRD LOT/FIT $/ft
SLACK OFF WEIGHT 80000 300' 161 13&3/8" 61# K-55 Weld 161 $ 66.78
ROTATING WEIGHT 77000 1200 1183 9&5/8" 43.5# K-55 BUTT 1183 $ 66.67
TORQUE ON BOTTOM 200 - -
TORQUE OFF BOTTOM 100 - -
BIT RECORD Present Bit Previous Bit MUD PROPERTIES MUD MIXED TIME DISTRIBUTION
BIT NO 7 MW GEL RU/RD 141.5
SIZE 8 1/2 VIS SALTGEL DRLG 403.5
MFG Smith PV LIME REAM/WASH 17.5
TYPE F37(rr) YP CAUSTIC SURVEY 4.5
SER. NO EB3979 GELS SODA ASH TRIP 9 162
NOZZLES 22/22/22 pH BARITE RIG SERV 4
TFA WL HULLS CIRC & COND 2.5 69
OUT 4450 HP/HT magma fiber RUN CSG 22
IN 4107 FC xanthan gum 2 WOC 65.5
FOOTAGE 343 CL bicarb NU BOP 36.5
HOURS 44 Ca CEMENT RIG REPAIR 1
FT/HR 8 Sand PacL LOG 9.5
hP/dia inch #DIV/0! Solids BenEx FISHING/STUCK 0
IMP FORCE #DIV/0! Oil % PolyPlus CMT 14
DC Anlr Vel 306 LCM Flo Trol TEST BOP 0.5 8
DP Anlr Vel 218 WELD HEAD 2
JET PITS 0
DRLG CMT 0.5
BIT # 7 DULL COND: CUT DRLG LINE 0
ICS OCS DC LOC B/S G ODR RP Day Mud $ $242 MISC 12 116
4 8 BT A F 0.25 BT TD Cum Mud $ $72,097 TOTAL (Daily/cum) 24 1077
TIME ACTIVITY RPM WOB ROP
START END HRS FROM TO complete (M lbs) (fph)
10:30 10.50 WOO-organize equipment
10:30 13:30 3.00 Pick up 6.25" bit with side jets and RIH to 4106'
13:30 16:00 2.50 washing hole from 4106 to 4111' pump high visc pill
16:00 17:30 1.50 POH and lay down bit
17:30 18:00 0.50 Pick up WOT multi-set packer
18:00 22:30 4.50 RIH with multi-set packer to 4109' center of element
22:30 0:00 1.50 Inflate packer in 300psi incriments final inflation @ 1500psi

DAILY AVG #DIV/0!


SHOWS/FLARE REPORT BHA SURVEYS
Description Length DEPTH DEVIATION AZIMUTH
630' 1.75deg
1160' 6.5deg
LAST BOP TEST 4/15/2013 1257' 5.75deg
WASTE DISPOSAL SITE: 1783' .5deg
DAILY YDS SOLID - BBLS LIQUID 2401' .5deg
WELL CUM SOLID - 0 CUM LIQUID 0 3083 ft .5deg

TOTAL DRILLED GAS


GAS Units DC SIZE
Background Gas: 8.00
Connection Gas: 0
Trip Gas: 0 DP SIZE
Max Gas: 4

ACCIDENTS FUEL (gals)


Start 2920 1 SLOW PUMP RATES
Received PSI SPM
NONE End 2636 Pump #1
DDR 06/02
NONE
Consumed 284 Pump #2

DDR 06/02
DAILY DRILLING REPORT AFE DEPTH 4,500 AFE DAYS 33
AFE # : SOUTH CANAL BANK -1
LOCATION: Laguna Seca

WELL NAME: South Canal Bank -1 COUNTRY BELIZE STATE: Orangewalk DATE: 4/19/13 DAY: 56

DEPTH
OPERATIONS: Complete API#: 4450 PROGRESS:
(MD):

CONTRACTOR: MARANCO LTD Rig SUPV: Virgil Welch AFE $: Drlg $0 AFE $: Completed $4,571,295

TOTAL
PSI: SPM: DAILY COST: $60,830 CUM DRLG COST: $5,685,636
GPM:
DRILLING MECHANICS CASING STRINGS
PICK UP WEIGHT 83000 PLAN Actual TOL Size WT GRADE THRD LOT/FIT $/ft
SLACK OFF WEIGHT 80000 300' 161 13&3/8" 61# K-55 Weld 161 $ 66.78
ROTATING WEIGHT 77000 1200 1183 9&5/8" 43.5# K-55 BUTT 1183 $ 66.67
TORQUE ON BOTTOM 200 - -
TORQUE OFF BOTTOM 100 - -
BIT RECORD Present Bit Previous Bit MUD PROPERTIES MUD MIXED TIME DISTRIBUTION
BIT NO 7 MW GEL RU/RD 2 143.5
SIZE 8 1/2 VIS SALTGEL DRLG 403.5
MFG Smith PV LIME REAM/WASH 17.5
TYPE F37(rr) YP CAUSTIC SURVEY 4.5
SER. NO EB3979 GELS SODA ASH TRIP 8 170
NOZZLES 22/22/22 pH BARITE RIG SERV 4
TFA WL HULLS CIRC & COND 1 70
OUT 4450 HP/HT magma fiber RUN CSG 22
IN 4107 FC xanthan gum WOC 65.5
FOOTAGE 343 CL bicarb NU BOP 36.5
HOURS 44 Ca CEMENT RIG REPAIR 1
FT/HR 8 Sand PacL LOG 9.5
hP/dia inch #DIV/0! Solids BenEx FISHING/STUCK 0
IMP FORCE #DIV/0! Oil % PolyPlus CMT 14
DC Anlr Vel 306 LCM Flo Trol TEST BOP 8
DP Anlr Vel 218 WELD HEAD 2
JET PITS 0
DRLG CMT 0.5
BIT # 7 DULL COND: CUT DRLG LINE 0
ICS OCS DC LOC B/S G ODR RP Day Mud $ $0 MISC 13 116
4 8 BT A F 0.25 BT TD Cum Mud $ $72,097 TOTAL (Daily/cum) 24 1088
TIME ACTIVITY RPM WOB ROP
START END HRS FROM TO complete (M lbs) (fph)
1:30 1.50 rig down surface lines and rig up for swabbing
1:30 5:30 4.00 Swabbing, monitor and record
5:30 8:00 2.50 Tubing dry, monitor well, j-valve plugged, pump 27bbls down tubu=ing, cont swabbing
8:00 8:30 0.50 Rig down swabbing equip and rig up circulating swedge
8:30 9:30 1.00 Pump 9 bbls down hole, release packer, wait on packer to relax, monotor well
9:30 16:30 7.00 POH w/ packer, very tight @ shoe, cont to POH slowly
16:30 17:00 0.50 Lay down packer
17:00 20:30 3.50 Inspect and function test multi-set packer, make up pup joint and two lh jay valves
20:30 23:30 3.00 Make up packer with pup joints and 2 LH Jay circulating valves
23:30 0:00 0.50 RIH slowly

DAILY AVG #DIV/0!


SHOWS/FLARE REPORT BHA SURVEYS
Description Length DEPTH DEVIATION AZIMUTH
630' 1.75deg
1160' 6.5deg
LAST BOP TEST 4/15/2013 1257' 5.75deg
WASTE DISPOSAL SITE: 1783' .5deg
DAILY YDS SOLID - BBLS LIQUID 2401' .5deg
WELL CUM SOLID - 0 CUM LIQUID 0 3083 ft .5deg

TOTAL DRILLED GAS


GAS Units DC SIZE
Background Gas: 8.00
Connection Gas: 0
Trip Gas: 0 DP SIZE
Max Gas: 4

ACCIDENTS FUEL (gals)


Start 2636 1 SLOW PUMP RATES
Received PSI SPM
NONE End 2082 Pump #1
DDR 06/02
NONE
Consumed 554 Pump #2

DDR 06/02
DAILY DRILLING REPORT AFE DEPTH 4,500 AFE DAYS 33
AFE # : SOUTH CANAL BANK -1
LOCATION: Laguna Seca

WELL NAME: South Canal Bank -1 COUNTRY BELIZE STATE: Orangewalk DATE: 4/20/13 DAY: 57

DEPTH
OPERATIONS: Complete API#: 4450 PROGRESS:
(MD):

CONTRACTOR: MARANCO LTD Rig SUPV: Virgil Welch AFE $: Drlg $0 AFE $: Completed $4,571,295

TOTAL
PSI: SPM: DAILY COST: $60,560 CUM DRLG COST: $5,685,636
GPM:
DRILLING MECHANICS CASING STRINGS
PICK UP WEIGHT 83000 PLAN Actual TOL Size WT GRADE THRD LOT/FIT $/ft
SLACK OFF WEIGHT 80000 300' 161 13&3/8" 61# K-55 Weld 161 $ 66.78
ROTATING WEIGHT 77000 1200 1183 9&5/8" 43.5# K-55 BUTT 1183 $ 66.67
TORQUE ON BOTTOM 200 - -
TORQUE OFF BOTTOM 100 - -
BIT RECORD Present Bit Previous Bit MUD PROPERTIES MUD MIXED TIME DISTRIBUTION
BIT NO 7 MW GEL RU/RD 143.5
SIZE 8 1/2 VIS SALTGEL DRLG 403.5
MFG Smith PV LIME REAM/WASH 17.5
TYPE F37(rr) YP CAUSTIC SURVEY 4.5
SER. NO EB3979 GELS SODA ASH TRIP 6 176
NOZZLES 22/22/22 pH BARITE RIG SERV 4
TFA WL HULLS CIRC & COND 70
OUT 4450 HP/HT magma fiber RUN CSG 22
IN 4107 FC xanthan gum WOC 65.5
FOOTAGE 343 CL bicarb NU BOP 36.5
HOURS 44 Ca CEMENT RIG REPAIR 1
FT/HR 8 Sand PacL LOG 9.5
hP/dia inch #DIV/0! Solids BenEx FISHING/STUCK 0
IMP FORCE #DIV/0! Oil % PolyPlus CMT 14
DC Anlr Vel 306 LCM Flo Trol TEST BOP 8
DP Anlr Vel 218 WELD HEAD 2
JET PITS 0
DRLG CMT 0.5
BIT # 7 DULL COND: CUT DRLG LINE 0
ICS OCS DC LOC B/S G ODR RP Day Mud $ $0 MISC 18 134
4 8 BT A F 0.25 BT TD Cum Mud $ $72,097 TOTAL (Daily/cum) 24 1112
TIME ACTIVITY RPM WOB ROP
START END HRS FROM TO complete (M lbs) (fph)
6:00 6.00 RIH slowly w/multi-set packer and 2 Jay Valves
6:00 8:00 2.00 Jay Valves opened from RIH work with trying to close Jay Valves
8:00 10:00 2.00 Using right hand torque manage to close Jay Valves
10:00 12:00 2.00 Drop dart and inflate multi-set packer/ open jay valves for swabbing
12:00 0:00 12.00 Swabbing water from well and waiting on influx

DAILY AVG #DIV/0!


SHOWS/FLARE REPORT BHA SURVEYS
Description Length DEPTH DEVIATION AZIMUTH
630' 1.75deg
1160' 6.5deg
LAST BOP TEST 4/15/2013 1257' 5.75deg
WASTE DISPOSAL SITE: 1783' .5deg
DAILY YDS SOLID - BBLS LIQUID 2401' .5deg
WELL CUM SOLID - 0 CUM LIQUID 0 3083 ft .5deg

TOTAL DRILLED GAS


GAS Units DC SIZE
Background Gas: 8.00
Connection Gas: 0
Trip Gas: 0 DP SIZE
Max Gas: 4

ACCIDENTS FUEL (gals)


Start 2082 1 SLOW PUMP RATES
Received PSI SPM
NONE End 1881 Pump #1
DDR 06/02
NONE
Consumed 201 Pump #2

DDR 06/02
DAILY DRILLING REPORT AFE DEPTH 4,500 AFE DAYS 33
AFE # : SOUTH CANAL BANK -1
LOCATION: Laguna Seca

WELL NAME: South Canal Bank -1 COUNTRY BELIZE STATE: Orangewalk DATE: 4/21/13 DAY: 58

DEPTH
OPERATIONS: Complete API#: 4450 PROGRESS:
(MD):

CONTRACTOR: MARANCO LTD Rig SUPV: Virgil Welch AFE $: Drlg $0 AFE $: Completed $4,571,295

TOTAL
PSI: SPM: DAILY COST: $60,420 CUM DRLG COST: $5,685,636
GPM:
DRILLING MECHANICS CASING STRINGS
PICK UP WEIGHT 83000 PLAN Actual TOL Size WT GRADE THRD LOT/FIT $/ft
SLACK OFF WEIGHT 80000 300' 161 13&3/8" 61# K-55 Weld 161 $ 66.78
ROTATING WEIGHT 77000 1200 1183 9&5/8" 43.5# K-55 BUTT 1183 $ 66.67
TORQUE ON BOTTOM 200 - -
TORQUE OFF BOTTOM 100 - -
BIT RECORD Present Bit Previous Bit MUD PROPERTIES MUD MIXED TIME DISTRIBUTION
BIT NO 7 MW GEL RU/RD 143.5
SIZE 8 1/2 VIS SALTGEL DRLG 403.5
MFG Smith PV LIME REAM/WASH 17.5
TYPE F37(rr) YP CAUSTIC SURVEY 4.5
SER. NO EB3979 GELS SODA ASH TRIP 176
NOZZLES 22/22/22 pH BARITE RIG SERV 4
TFA WL HULLS CIRC & COND 70
OUT 4450 HP/HT magma fiber RUN CSG 22
IN 4107 FC xanthan gum WOC 65.5
FOOTAGE 343 CL bicarb NU BOP 36.5
HOURS 44 Ca CEMENT RIG REPAIR 1
FT/HR 8 Sand PacL LOG 9.5
hP/dia inch #DIV/0! Solids BenEx FISHING/STUCK 0
IMP FORCE #DIV/0! Oil % PolyPlus CMT 14
DC Anlr Vel 306 LCM Flo Trol TEST BOP 8
DP Anlr Vel 218 WELD HEAD 2
JET PITS 0
DRLG CMT 0.5
BIT # 7 DULL COND: CUT DRLG LINE 0
ICS OCS DC LOC B/S G ODR RP Day Mud $ $0 MISC 134
4 8 BT A F 0.25 BT TD Cum Mud $ $72,097 TOTAL (Daily/cum) 0 1112
TIME ACTIVITY RPM WOB ROP
START END HRS FROM TO complete (M lbs) (fph)
1:00 1.00 Cont to monitor well and wait for recovery
1:00 1:30 0.50 RIH w/ swab tools to 4070-no fluid
1:30 9:00 7.50 wait on well to recover
9:00 10:00 1.00 Swab to 4000' no returns
10:00 13:30 3.50 Rig down swabbing equipment, fill string w/23bbl water, shut BOP, inject air through kill line
evacuate fluid from well
13:30 15:00 1.50 Bleed off pressure, WOO
15:00 15:30 0.50 Circulate hole attempt to close J valves, not possible, packer free
15:30 21:00 5.50 POH, getting tight @ 4080, rotate to right 10-14K overpull
21:00 21:30 0.50 Lay down j valves and packer
21:30 0:00 Strip and redress multi-set packer

DAILY AVG #DIV/0!


SHOWS/FLARE REPORT BHA SURVEYS
Description Length DEPTH DEVIATION AZIMUTH
630' 1.75deg
1160' 6.5deg
LAST BOP TEST 4/15/2013 1257' 5.75deg
WASTE DISPOSAL SITE: 1783' .5deg
DAILY YDS SOLID - BBLS LIQUID 2401' .5deg
WELL CUM SOLID - 0 CUM LIQUID 0 3083 ft .5deg

TOTAL DRILLED GAS


GAS Units DC SIZE
Background Gas: 8.00
Connection Gas: 0
Trip Gas: 0 DP SIZE
Max Gas: 4

ACCIDENTS FUEL (gals)


Start 1881 1 SLOW PUMP RATES
Received PSI SPM
NONE End 1554 Pump #1
DDR 06/02
NONE
Consumed 327 Pump #2

DDR 06/02
DAILY DRILLING REPORT AFE DEPTH 4,500 AFE DAYS 33
AFE # : SOUTH CANAL BANK -1
LOCATION: Laguna Seca

WELL NAME: South Canal Bank -1 COUNTRY BELIZE STATE: Orangewalk DATE: 4/22/13 DAY: 59

DEPTH
OPERATIONS: Complete API#: 4450 PROGRESS:
(MD):

CONTRACTOR: MARANCO LTD Rig SUPV: Virgil Welch AFE $: Drlg $0 AFE $: Completed $4,571,295

TOTAL
PSI: SPM: DAILY COST: $59,965 CUM DRLG COST: $5,685,636
GPM:
DRILLING MECHANICS CASING STRINGS
PICK UP WEIGHT 83000 PLAN Actual TOL Size WT GRADE THRD LOT/FIT $/ft
SLACK OFF WEIGHT 80000 300' 161 13&3/8" 61# K-55 Weld 161 $ 66.78
ROTATING WEIGHT 77000 1200 1183 9&5/8" 43.5# K-55 BUTT 1183 $ 66.67
TORQUE ON BOTTOM 200 - -
TORQUE OFF BOTTOM 100 - -
BIT RECORD Present Bit Previous Bit MUD PROPERTIES MUD MIXED TIME DISTRIBUTION
BIT NO 7 MW GEL RU/RD 143.5
SIZE 8 1/2 VIS SALTGEL DRLG 403.5
MFG Smith PV LIME REAM/WASH 17.5
TYPE F37(rr) YP CAUSTIC SURVEY 4.5
SER. NO EB3979 GELS SODA ASH TRIP 2.5 178.5
NOZZLES 22/22/22 pH BARITE RIG SERV 4
TFA WL HULLS CIRC & COND 70
OUT 4450 HP/HT magma fiber RUN CSG 22
IN 4107 FC xanthan gum WOC 65.5
FOOTAGE 343 CL bicarb NU BOP 36.5
HOURS 44 Ca CEMENT RIG REPAIR 1
FT/HR 8 Sand PacL LOG 9.5
hP/dia inch #DIV/0! Solids BenEx FISHING/STUCK 0
IMP FORCE #DIV/0! Oil % PolyPlus CMT 14
DC Anlr Vel 306 LCM Flo Trol TEST BOP 8
DP Anlr Vel 218 WELD HEAD 2
JET PITS 0
DRLG CMT 0.5
BIT # 7 DULL COND: CUT DRLG LINE 0
ICS OCS DC LOC B/S G ODR RP Day Mud $ $0 MISC 21.5 155.5
4 8 BT A F 0.25 BT TD Cum Mud $ $72,097 TOTAL (Daily/cum) 24 1136
TIME ACTIVITY RPM WOB ROP
START END HRS FROM TO complete (M lbs) (fph)
1:00 1.00 Test packer on surface--ok
1:00 3:00 2.00 RIH from surface to 343', space out collar, BOP pressure test surface lines to 1500psi OK
3:00 3:30 0.50 brake circulation, drop dart, set packer with 1500 psi, shear dart
3:30 4:00 0.50 Rig up for injection test, test surface lines to 2000psi
4:00 4:30 0.50 Preform injection test
4:30 5:00 0.50 bleed off pressure, release packer, rig down surface lines
5:00 5:30 0.50 POH lay down packer
5:30 12:00 6.50 Wait on tools and service equipment
12:00 0:00 12.00 WOT, work on 13&3/8 annular, high pressure valves, redress packer, monitor well and tidy up

DAILY AVG #DIV/0!


SHOWS/FLARE REPORT BHA SURVEYS
Description Length DEPTH DEVIATION AZIMUTH
630' 1.75deg
1160' 6.5deg
LAST BOP TEST 4/15/2013 1257' 5.75deg
WASTE DISPOSAL SITE: 1783' .5deg
DAILY YDS SOLID - BBLS LIQUID 2401' .5deg
WELL CUM SOLID - 0 CUM LIQUID 0 3083 ft .5deg

TOTAL DRILLED GAS


GAS Units DC SIZE
Background Gas: 8.00
Connection Gas: 0
Trip Gas: 0 DP SIZE
Max Gas: 4

ACCIDENTS FUEL (gals)


Start 1554 1 SLOW PUMP RATES
Received PSI SPM
NONE End 1302 Pump #1
DDR 06/02
NONE
Consumed 252 Pump #2

DDR 06/02
DAILY DRILLING REPORT AFE DEPTH 4,500 AFE DAYS 33
AFE # : SOUTH CANAL BANK -1
LOCATION: Laguna Seca

WELL NAME: South Canal Bank -1 COUNTRY BELIZE STATE: Orangewalk DATE: 4/23/13 DAY: 60

DEPTH
OPERATIONS: Complete API#: 4450 PROGRESS:
(MD):

CONTRACTOR: MARANCO LTD Rig SUPV: Virgil Welch AFE $: Drlg $0 AFE $: Completed $4,571,295

TOTAL
PSI: SPM: DAILY COST: $41,965 CUM DRLG COST: $5,685,636
GPM:
DRILLING MECHANICS CASING STRINGS
PICK UP WEIGHT 83000 PLAN Actual TOL Size WT GRADE THRD LOT/FIT $/ft
SLACK OFF WEIGHT 80000 300' 161 13&3/8" 61# K-55 Weld 161 $ 66.78
ROTATING WEIGHT 77000 1200 1183 9&5/8" 43.5# K-55 BUTT 1183 $ 66.67
TORQUE ON BOTTOM 200 - -
TORQUE OFF BOTTOM 100 - -
BIT RECORD Present Bit Previous Bit MUD PROPERTIES MUD MIXED TIME DISTRIBUTION
BIT NO 7 MW GEL RU/RD 143.5
SIZE 8 1/2 VIS SALTGEL DRLG 403.5
MFG Smith PV LIME REAM/WASH 17.5
TYPE F37(rr) YP CAUSTIC SURVEY 4.5
SER. NO EB3979 GELS SODA ASH TRIP 178.5
NOZZLES 22/22/22 pH BARITE RIG SERV 4
TFA WL HULLS CIRC & COND 70
OUT 4450 HP/HT magma fiber RUN CSG 22
IN 4107 FC xanthan gum WOC 65.5
FOOTAGE 343 CL bicarb NU BOP 36.5
HOURS 44 Ca CEMENT RIG REPAIR 1
FT/HR 8 Sand PacL LOG 9.5
hP/dia inch #DIV/0! Solids BenEx FISHING/STUCK 0
IMP FORCE #DIV/0! Oil % PolyPlus CMT 14
DC Anlr Vel 306 LCM Flo Trol TEST BOP 8
DP Anlr Vel 218 WELD HEAD 2
JET PITS 0
DRLG CMT 0.5
BIT # 7 DULL COND: CUT DRLG LINE 0
ICS OCS DC LOC B/S G ODR RP Day Mud $ $0 MISC 24 179.5
4 8 BT A F 0.25 BT TD Cum Mud $ $72,097 TOTAL (Daily/cum) 24 1160
TIME ACTIVITY RPM WOB ROP
START END HRS FROM TO complete (M lbs) (fph)
24.00 Waiting on Tools-strip and clean mud pumps, tidy up around rig, prepare to slip new drilling line
remove side plate from blocks and inspect, slip on new drilling line, set crown saver
service all packer equipment, service safety valves, work on air system

DAILY AVG #DIV/0!


SHOWS/FLARE REPORT BHA SURVEYS
Description Length DEPTH DEVIATION AZIMUTH
630' 1.75deg
1160' 6.5deg
LAST BOP TEST 4/15/2013 1257' 5.75deg
WASTE DISPOSAL SITE: 1783' .5deg
DAILY YDS SOLID - BBLS LIQUID 2401' .5deg
WELL CUM SOLID - 0 CUM LIQUID 0 3083 ft .5deg

TOTAL DRILLED GAS


GAS Units DC SIZE
Background Gas: 8.00
Connection Gas: 0
Trip Gas: 0 DP SIZE
Max Gas: 4

ACCIDENTS FUEL (gals)


Start 1302 1 SLOW PUMP RATES
Received PSI SPM
NONE End 1120 Pump #1
DDR 06/02
NONE
Consumed 182 Pump #2

DDR 06/02
DAILY DRILLING REPORT AFE DEPTH 4,500 AFE DAYS 33
AFE # : SOUTH CANAL BANK -1
LOCATION: Laguna Seca

WELL NAME: South Canal Bank -1 COUNTRY BELIZE STATE: Orangewalk DATE: 4/24/13 DAY: 61

DEPTH
OPERATIONS: Complete API#: 4450 PROGRESS:
(MD):

CONTRACTOR: MARANCO LTD Rig SUPV: Virgil Welch AFE $: Drlg $0 AFE $: Completed $4,571,295

TOTAL
PSI: SPM: DAILY COST: $41,965 CUM DRLG COST: $5,685,636
GPM:
DRILLING MECHANICS CASING STRINGS
PICK UP WEIGHT 83000 PLAN Actual TOL Size WT GRADE THRD LOT/FIT $/ft
SLACK OFF WEIGHT 80000 300' 161 13&3/8" 61# K-55 Weld 161 $ 66.78
ROTATING WEIGHT 77000 1200 1183 9&5/8" 43.5# K-55 BUTT 1183 $ 66.67
TORQUE ON BOTTOM 200 - -
TORQUE OFF BOTTOM 100 - -
BIT RECORD Present Bit Previous Bit MUD PROPERTIES MUD MIXED TIME DISTRIBUTION
BIT NO 7 MW GEL RU/RD 143.5
SIZE 8 1/2 VIS SALTGEL DRLG 403.5
MFG Smith PV LIME REAM/WASH 17.5
TYPE F37(rr) YP CAUSTIC SURVEY 4.5
SER. NO EB3979 GELS SODA ASH TRIP 178.5
NOZZLES 22/22/22 pH BARITE RIG SERV 4
TFA WL HULLS CIRC & COND 70
OUT 4450 HP/HT magma fiber RUN CSG 22
IN 4107 FC xanthan gum WOC 65.5
FOOTAGE 343 CL bicarb NU BOP 36.5
HOURS 44 Ca CEMENT RIG REPAIR 1
FT/HR 8 Sand PacL LOG 9.5
hP/dia inch #DIV/0! Solids BenEx FISHING/STUCK 0
IMP FORCE #DIV/0! Oil % PolyPlus CMT 14
DC Anlr Vel 306 LCM Flo Trol TEST BOP 8
DP Anlr Vel 218 WELD HEAD 2
JET PITS 0
DRLG CMT 0.5
BIT # 7 DULL COND: CUT DRLG LINE 0
ICS OCS DC LOC B/S G ODR RP Day Mud $ $0 MISC 24 179.5
4 8 BT A F 0.25 BT TD Cum Mud $ $72,097 TOTAL (Daily/cum) 24 1160
TIME ACTIVITY RPM WOB ROP
START END HRS FROM TO complete (M lbs) (fph)
24.00 Cont to wait on tools, lubricate 2&7/8 tubing, transport pipe for water line, organize containers
tidy up water well equipment, general tidy up, start to lay down water line from SCB1 to SCB2
replace line on winch truck

DAILY AVG #DIV/0!


SHOWS/FLARE REPORT BHA SURVEYS
Description Length DEPTH DEVIATION AZIMUTH
630' 1.75deg
1160' 6.5deg
LAST BOP TEST 4/15/2013 1257' 5.75deg
WASTE DISPOSAL SITE: 1783' .5deg
DAILY YDS SOLID - BBLS LIQUID 2401' .5deg
WELL CUM SOLID - 0 CUM LIQUID 0 3083 ft .5deg

TOTAL DRILLED GAS


GAS Units DC SIZE
Background Gas: 8.00
Connection Gas: 0
Trip Gas: 0 DP SIZE
Max Gas: 4

ACCIDENTS FUEL (gals)


Start 1120 1 SLOW PUMP RATES
Received PSI SPM
NONE End 886 Pump #1
DDR 06/02
NONE
Consumed 234 Pump #2

DDR 06/02
DAILY DRILLING REPORT AFE DEPTH 4,500 AFE DAYS 33
AFE # : SOUTH CANAL BANK -1
LOCATION: Laguna Seca

WELL NAME: South Canal Bank -1 COUNTRY BELIZE STATE: Orangewalk DATE: 4/25/13 DAY: 62

DEPTH
OPERATIONS: Complete API#: 4450 PROGRESS:
(MD):

CONTRACTOR: MARANCO LTD Rig SUPV: Virgil Welch AFE $: Drlg $0 AFE $: Completed $4,571,295

TOTAL
PSI: SPM: DAILY COST: $65,732 CUM DRLG COST: $5,685,636
GPM:
DRILLING MECHANICS CASING STRINGS
PICK UP WEIGHT 83000 PLAN Actual TOL Size WT GRADE THRD LOT/FIT $/ft
SLACK OFF WEIGHT 80000 300' 161 13&3/8" 61# K-55 Weld 161 $ 66.78
ROTATING WEIGHT 77000 1200 1183 9&5/8" 43.5# K-55 BUTT 1183 $ 66.67
TORQUE ON BOTTOM 200 - -
TORQUE OFF BOTTOM 100 - -
BIT RECORD Present Bit Previous Bit MUD PROPERTIES MUD MIXED TIME DISTRIBUTION
BIT NO 7 MW GEL RU/RD 143.5
SIZE 8 1/2 VIS SALTGEL DRLG 403.5
MFG Smith PV LIME REAM/WASH 17.5
TYPE F37(rr) YP CAUSTIC SURVEY 4.5
SER. NO EB3979 GELS SODA ASH TRIP 5 183.5
NOZZLES 22/22/22 pH BARITE RIG SERV 4
TFA WL HULLS CIRC & COND 70
OUT 4450 HP/HT magma fiber RUN CSG 22
IN 4107 FC xanthan gum WOC 65.5
FOOTAGE 343 CL bicarb NU BOP 36.5
HOURS 44 Ca CEMENT RIG REPAIR 1
FT/HR 8 Sand PacL LOG 9.5
hP/dia inch #DIV/0! Solids BenEx FISHING/STUCK 0
IMP FORCE #DIV/0! Oil % PolyPlus CMT 14
DC Anlr Vel 306 LCM Flo Trol TEST BOP 8
DP Anlr Vel 218 WELD HEAD 2
JET PITS 0
DRLG CMT 0.5
BIT # 7 DULL COND: CUT DRLG LINE 0
ICS OCS DC LOC B/S G ODR RP Day Mud $ $0 MISC 19 198.5
4 8 BT A F 0.25 BT TD Cum Mud $ $72,097 TOTAL (Daily/cum) 24 1184
TIME ACTIVITY RPM WOB ROP
START END HRS FROM TO complete (M lbs) (fph)
15:00 15.00 Cont to wait on tools, lay water line from SCB1-SCB2, work on cement unit, work on air
system,
15:00 17:00 2.00 Rig up Vesa Drill on Location, pick up 17.5" hammer, drill 5', install 14" casing, pick up 12.25"
hammer, start to drill injection well from 5' to 81'
17:00 17:30 0.50 POH f/81', lay down bit
17:30 19:00 1.50 Pick up cement retainer and torque all connections
19:00 0:00 5.00 pick up retainer RIH to 4109'

DAILY AVG #DIV/0!


SHOWS/FLARE REPORT BHA SURVEYS
Description Length DEPTH DEVIATION AZIMUTH
630' 1.75deg
1160' 6.5deg
LAST BOP TEST 4/15/2013 1257' 5.75deg
WASTE DISPOSAL SITE: 1783' .5deg
DAILY YDS SOLID - BBLS LIQUID 2401' .5deg
WELL CUM SOLID - 0 CUM LIQUID 0 3083 ft .5deg

TOTAL DRILLED GAS


GAS Units DC SIZE
Background Gas: 8.00
Connection Gas: 0
Trip Gas: 0 DP SIZE
Max Gas: 4

ACCIDENTS FUEL (gals)


Start 886 1 SLOW PUMP RATES
Received PSI SPM
NONE End 828 Pump #1
DDR 06/02
NONE
Consumed 58 Pump #2

DDR 06/02
DAILY DRILLING REPORT AFE DEPTH 4,500 AFE DAYS 33
AFE # : SOUTH CANAL BANK -1
LOCATION: Laguna Seca

WELL NAME: South Canal Bank -1 COUNTRY BELIZE STATE: Orangewalk DATE: 4/26/13 DAY: 63

DEPTH
OPERATIONS: Complete API#: 4450 PROGRESS:
(MD):

CONTRACTOR: MARANCO LTD Rig SUPV: Virgil Welch AFE $: Drlg $0 AFE $: Completed $4,571,295

TOTAL
PSI: SPM: DAILY COST: $43,945 CUM DRLG COST: $5,685,636
GPM:
DRILLING MECHANICS CASING STRINGS
PICK UP WEIGHT 83000 PLAN Actual TOL Size WT GRADE THRD LOT/FIT $/ft
SLACK OFF WEIGHT 80000 300' 161 13&3/8" 61# K-55 Weld 161 $ 66.78
ROTATING WEIGHT 77000 1200 1183 9&5/8" 43.5# K-55 BUTT 1183 $ 66.67
TORQUE ON BOTTOM 200 - -
TORQUE OFF BOTTOM 100 - -
BIT RECORD Present Bit Previous Bit MUD PROPERTIES MUD MIXED TIME DISTRIBUTION
BIT NO 7 MW GEL RU/RD 143.5
SIZE 8 1/2 VIS SALTGEL DRLG 403.5
MFG Smith PV LIME REAM/WASH 17.5
TYPE F37(rr) YP CAUSTIC SURVEY 4.5
SER. NO EB3979 GELS SODA ASH TRIP 2.5 186
NOZZLES 22/22/22 pH BARITE RIG SERV 4
TFA WL HULLS CIRC & COND 1.5 71.5
OUT 4450 HP/HT magma fiber RUN CSG 22
IN 4107 FC xanthan gum WOC 16 81.5
FOOTAGE 343 CL bicarb NU BOP 36.5
HOURS 44 Ca CEMENT RIG REPAIR 1
FT/HR 8 Sand PacL LOG 9.5
hP/dia inch #DIV/0! Solids BenEx FISHING/STUCK 0
IMP FORCE #DIV/0! Oil % PolyPlus CMT 1.5 15.5
DC Anlr Vel 306 LCM Flo Trol TEST BOP 8
DP Anlr Vel 218 WELD HEAD 2
JET PITS 0
DRLG CMT 0.5
BIT # 7 DULL COND: CUT DRLG LINE 0
ICS OCS DC LOC B/S G ODR RP Day Mud $ $0 MISC 2.5 201
4 8 BT A F 0.25 BT TD Cum Mud $ $72,097 TOTAL (Daily/cum) 24 1208
TIME ACTIVITY RPM WOB ROP
START END HRS FROM TO complete (M lbs) (fph)
1:00 1.00 Rig up to circulate, pressure test lines to 2000psi
1:00 1:30 0.50 Circulate with 400SPM@100psi
1:30 3:30 2.00 Drop ball, pressure up to 1400psi in 300psi incriments, bleed off and pull 5K on packer OK
3:30 4:00 0.50 Rig up for cement job, pressure test to 400 psi
4:00 4:30 0.50 injection test 1.8bbl/min @ 1300psi with water
4:30 5:00 0.50 Mix and pump 12 bbls class "C" cement, 14.8ppg (51sx)
5:00 6:00 1.00 Displace and squeeze 21.5 bbls as per program, pressured up to 1800psi
6:00 6:30 0.50 unsting from retainer and reverse circulate 4 bbls cement to surface
6:30 9:00 2.50 POH with tubing and stinger
9:00 0:00 15.00 WOC

DAILY AVG #DIV/0!


SHOWS/FLARE REPORT BHA SURVEYS
Description Length DEPTH DEVIATION AZIMUTH
630' 1.75deg
1160' 6.5deg
LAST BOP TEST 4/15/2013 1257' 5.75deg
WASTE DISPOSAL SITE: 1783' .5deg
DAILY YDS SOLID - BBLS LIQUID 2401' .5deg
WELL CUM SOLID - 0 CUM LIQUID 0 3083 ft .5deg

TOTAL DRILLED GAS


GAS Units DC SIZE
Background Gas: 8.00
Connection Gas: 0
Trip Gas: 0 DP SIZE
Max Gas: 4

ACCIDENTS FUEL (gals)


Start 828 1 SLOW PUMP RATES
Received 3500 PSI SPM
NONE End 4065 Pump #1
DDR 06/02
NONE
Consumed 263 Pump #2

DDR 06/02
DAILY DRILLING REPORT AFE DEPTH 4,500 AFE DAYS 33
AFE # : SOUTH CANAL BANK -1
LOCATION: Laguna Seca

WELL NAME: South Canal Bank -1 COUNTRY BELIZE STATE: Orangewalk DATE: 4/27/13 DAY: 64

DEPTH
OPERATIONS: Complete API#: 4450 PROGRESS:
(MD):

CONTRACTOR: MARANCO LTD Rig SUPV: Virgil Welch AFE $: Drlg $0 AFE $: Completed $4,571,295

TOTAL
PSI: SPM: DAILY COST: $41,965 CUM DRLG COST: $5,685,636
GPM:
DRILLING MECHANICS CASING STRINGS
PICK UP WEIGHT 83000 PLAN Actual TOL Size WT GRADE THRD LOT/FIT $/ft
SLACK OFF WEIGHT 80000 300' 161 13&3/8" 61# K-55 Weld 161 $ 66.78
ROTATING WEIGHT 77000 1200 1183 9&5/8" 43.5# K-55 BUTT 1183 $ 66.67
TORQUE ON BOTTOM 200 - -
TORQUE OFF BOTTOM 100 - -
BIT RECORD Present Bit Previous Bit MUD PROPERTIES MUD MIXED TIME DISTRIBUTION
BIT NO 7 MW GEL RU/RD 143.5
SIZE 8 1/2 VIS SALTGEL DRLG 403.5
MFG Smith PV LIME REAM/WASH 17.5
TYPE F37(rr) YP CAUSTIC SURVEY 4.5
SER. NO EB3979 GELS SODA ASH TRIP 186
NOZZLES 22/22/22 pH BARITE RIG SERV 4
TFA WL HULLS CIRC & COND 71.5
OUT 4450 HP/HT magma fiber RUN CSG 22
IN 4107 FC xanthan gum WOC 81.5
FOOTAGE 343 CL bicarb NU BOP 36.5
HOURS 44 Ca CEMENT RIG REPAIR 1
FT/HR 8 Sand PacL LOG 9.5
hP/dia inch #DIV/0! Solids BenEx FISHING/STUCK 0
IMP FORCE #DIV/0! Oil % PolyPlus CMT 15.5
DC Anlr Vel 306 LCM Flo Trol TEST BOP 8
DP Anlr Vel 218 WELD HEAD 2
JET PITS 0
DRLG CMT 0.5
BIT # 7 DULL COND: CUT DRLG LINE 0
ICS OCS DC LOC B/S G ODR RP Day Mud $ $0 MISC 24 225
4 8 BT A F 0.25 BT TD Cum Mud $ $72,097 TOTAL (Daily/cum) 24 1232
TIME ACTIVITY RPM WOB ROP
START END HRS FROM TO complete (M lbs) (fph)
12:00 12.00 Wait on Instructions, cont to orginize 40' spares, work on rig 17
12:00 0:00 12.00 WOO, service cement unit, service grout pump, work on rig 17, install conductor on SCB2

DAILY AVG #DIV/0!


SHOWS/FLARE REPORT BHA SURVEYS
Description Length DEPTH DEVIATION AZIMUTH
630' 1.75deg
1160' 6.5deg
LAST BOP TEST 4/15/2013 1257' 5.75deg
WASTE DISPOSAL SITE: 1783' .5deg
DAILY YDS SOLID - BBLS LIQUID 2401' .5deg
WELL CUM SOLID - 0 CUM LIQUID 0 3083 ft .5deg

TOTAL DRILLED GAS


GAS Units DC SIZE
Background Gas: 8.00
Connection Gas: 0
Trip Gas: 0 DP SIZE
Max Gas: 4

ACCIDENTS FUEL (gals)


Start 4065 1 SLOW PUMP RATES
Received PSI SPM
NONE End 3698 Pump #1
DDR 06/02
NONE
Consumed 367 Pump #2

DDR 06/02
DAILY DRILLING REPORT AFE DEPTH 4,500 AFE DAYS 33
AFE # : SOUTH CANAL BANK -1
LOCATION: Laguna Seca

WELL NAME: South Canal Bank -1 COUNTRY BELIZE STATE: Orangewalk DATE: 4/28/13 DAY: 65

DEPTH
OPERATIONS: Complete API#: 4450 PROGRESS:
(MD):

CONTRACTOR: MARANCO LTD Rig SUPV: Virgil Welch AFE $: Drlg $0 AFE $: Completed $4,571,295

TOTAL
PSI: SPM: DAILY COST: $41,965 CUM DRLG COST: $5,685,636
GPM:
DRILLING MECHANICS CASING STRINGS
PICK UP WEIGHT 83000 PLAN Actual TOL Size WT GRADE THRD LOT/FIT $/ft
SLACK OFF WEIGHT 80000 300' 161 13&3/8" 61# K-55 Weld 161 $ 66.78
ROTATING WEIGHT 77000 1200 1183 9&5/8" 43.5# K-55 BUTT 1183 $ 66.67
TORQUE ON BOTTOM 200 - -
TORQUE OFF BOTTOM 100 - -
BIT RECORD Present Bit Previous Bit MUD PROPERTIES MUD MIXED TIME DISTRIBUTION
BIT NO 7 MW GEL RU/RD 143.5
SIZE 8 1/2 VIS SALTGEL DRLG 403.5
MFG Smith PV LIME REAM/WASH 17.5
TYPE F37(rr) YP CAUSTIC SURVEY 4.5
SER. NO EB3979 GELS SODA ASH TRIP 186
NOZZLES 22/22/22 pH BARITE RIG SERV 4
TFA WL HULLS CIRC & COND 71.5
OUT 4450 HP/HT magma fiber RUN CSG 22
IN 4107 FC xanthan gum WOC 81.5
FOOTAGE 343 CL bicarb NU BOP 36.5
HOURS 44 Ca CEMENT RIG REPAIR 1
FT/HR 8 Sand PacL LOG 9.5
hP/dia inch #DIV/0! Solids BenEx FISHING/STUCK 0
IMP FORCE #DIV/0! Oil % PolyPlus CMT 15.5
DC Anlr Vel 306 LCM Flo Trol TEST BOP 8
DP Anlr Vel 218 WELD HEAD 2
JET PITS 0
DRLG CMT 0.5
BIT # 7 DULL COND: CUT DRLG LINE 0
ICS OCS DC LOC B/S G ODR RP Day Mud $ $0 MISC 24 249
4 8 BT A F 0.25 BT TD Cum Mud $ $72,097 TOTAL (Daily/cum) 24 1256
TIME ACTIVITY RPM WOB ROP
START END HRS FROM TO complete (M lbs) (fph)
12:00 12.00 Wait on Instructions, monitor well, clean equipment, flush radiator on generator 1, work on
12:00 0:00 12.00 cement unit, work on air leak on Koomy, install fire extinguishers brackets around rig
rig inspection, install and cast cellar floor at SCB2, work on rig 17, cont to inventory spares
cabin

DAILY AVG #DIV/0!


SHOWS/FLARE REPORT BHA SURVEYS
Description Length DEPTH DEVIATION AZIMUTH
630' 1.75deg
1160' 6.5deg
LAST BOP TEST 4/15/2013 1257' 5.75deg
WASTE DISPOSAL SITE: 1783' .5deg
DAILY YDS SOLID - BBLS LIQUID 2401' .5deg
WELL CUM SOLID - 0 CUM LIQUID 0 3083 ft .5deg

TOTAL DRILLED GAS


GAS Units DC SIZE
Background Gas: 8.00
Connection Gas: 0
Trip Gas: 0 DP SIZE
Max Gas: 4

ACCIDENTS FUEL (gals)


Start 3698 1 SLOW PUMP RATES
Received PSI SPM
NONE End 3482 Pump #1
DDR 06/02
NONE
Consumed 216 Pump #2

DDR 06/02
DAILY DRILLING REPORT AFE DEPTH 4,500 AFE DAYS 33
AFE # : SOUTH CANAL BANK -1
LOCATION: Laguna Seca

WELL NAME: South Canal Bank -1 COUNTRY BELIZE STATE: Orangewalk DATE: 4/29/13 DAY: 66

DEPTH
OPERATIONS: Complete API#: 4450 PROGRESS:
(MD):

CONTRACTOR: MARANCO LTD Rig SUPV: Virgil Welch AFE $: Drlg $0 AFE $: Completed $4,571,295

TOTAL
PSI: SPM: DAILY COST: $41,965 CUM DRLG COST: $5,685,636
GPM:
DRILLING MECHANICS CASING STRINGS
PICK UP WEIGHT 83000 PLAN Actual TOL Size WT GRADE THRD LOT/FIT $/ft
SLACK OFF WEIGHT 80000 300' 161 13&3/8" 61# K-55 Weld 161 $ 66.78
ROTATING WEIGHT 77000 1200 1183 9&5/8" 43.5# K-55 BUTT 1183 $ 66.67
TORQUE ON BOTTOM 200 - -
TORQUE OFF BOTTOM 100 - -
BIT RECORD Present Bit Previous Bit MUD PROPERTIES MUD MIXED TIME DISTRIBUTION
BIT NO 7 MW GEL RU/RD 143.5
SIZE 8 1/2 VIS SALTGEL DRLG 403.5
MFG Smith PV LIME REAM/WASH 17.5
TYPE F37(rr) YP CAUSTIC SURVEY 4.5
SER. NO EB3979 GELS SODA ASH TRIP 186
NOZZLES 22/22/22 pH BARITE RIG SERV 4
TFA WL HULLS CIRC & COND 71.5
OUT 4450 HP/HT magma fiber RUN CSG 22
IN 4107 FC xanthan gum WOC 81.5
FOOTAGE 343 CL bicarb NU BOP 36.5
HOURS 44 Ca CEMENT RIG REPAIR 1
FT/HR 8 Sand PacL LOG 9.5
hP/dia inch #DIV/0! Solids BenEx FISHING/STUCK 0
IMP FORCE #DIV/0! Oil % PolyPlus CMT 15.5
DC Anlr Vel 306 LCM Flo Trol TEST BOP 8
DP Anlr Vel 218 WELD HEAD 2
JET PITS 0
DRLG CMT 0.5
BIT # 7 DULL COND: CUT DRLG LINE 0
ICS OCS DC LOC B/S G ODR RP Day Mud $ $0 MISC 24 273
4 8 BT A F 0.25 BT TD Cum Mud $ $72,097 TOTAL (Daily/cum) 24 1280
TIME ACTIVITY RPM WOB ROP
START END HRS FROM TO complete (M lbs) (fph)
12:00 12.00 Cont to WOO
12:00 0:00 12.00 Cont to WOO

DAILY AVG #DIV/0!


SHOWS/FLARE REPORT BHA SURVEYS
Description Length DEPTH DEVIATION AZIMUTH
630' 1.75deg
1160' 6.5deg
LAST BOP TEST 4/15/2013 1257' 5.75deg
WASTE DISPOSAL SITE: 1783' .5deg
DAILY YDS SOLID - BBLS LIQUID 2401' .5deg
WELL CUM SOLID - 0 CUM LIQUID 0 3083 ft .5deg

TOTAL DRILLED GAS


GAS Units DC SIZE
Background Gas: 8.00
Connection Gas: 0
Trip Gas: 0 DP SIZE
Max Gas: 4

ACCIDENTS FUEL (gals)


Start 3482 1 SLOW PUMP RATES
Received PSI SPM
NONE End 3124 Pump #1
DDR 06/02
NONE
Consumed 358 Pump #2

DDR 06/02
DAILY DRILLING REPORT AFE DEPTH 4,500 AFE DAYS 33
AFE # : SOUTH CANAL BANK -1
LOCATION: Laguna Seca

WELL NAME: South Canal Bank -1 COUNTRY BELIZE STATE: Orangewalk DATE: 4/30/13 DAY: 67

DEPTH
OPERATIONS: Complete API#: 4450 PROGRESS:
(MD):

CONTRACTOR: MARANCO LTD Rig SUPV: Virgil Welch AFE $: Drlg $0 AFE $: Completed $4,571,295

TOTAL
PSI: SPM: DAILY COST: $51,335 CUM DRLG COST: $5,685,636
GPM:
DRILLING MECHANICS CASING STRINGS
PICK UP WEIGHT 83000 PLAN Actual TOL Size WT GRADE THRD LOT/FIT $/ft
SLACK OFF WEIGHT 80000 300' 161 13&3/8" 61# K-55 Weld 161 $ 66.78
ROTATING WEIGHT 77000 1200 1183 9&5/8" 43.5# K-55 BUTT 1183 $ 66.67
TORQUE ON BOTTOM 200 - -
TORQUE OFF BOTTOM 100 - -
BIT RECORD Present Bit Previous Bit MUD PROPERTIES MUD MIXED TIME DISTRIBUTION
BIT NO 7 MW GEL RU/RD 143.5
SIZE 8 1/2 VIS SALTGEL DRLG 403.5
MFG Smith PV LIME REAM/WASH 17.5
TYPE F37(rr) YP CAUSTIC SURVEY 4.5
SER. NO EB3979 GELS SODA ASH TRIP 10 196
NOZZLES 22/22/22 pH BARITE RIG SERV 4
TFA WL HULLS CIRC & COND 1.5 73
OUT 4450 HP/HT magma fiber RUN CSG 22
IN 4107 FC xanthan gum WOC 81.5
FOOTAGE 343 CL bicarb NU BOP 36.5
HOURS 44 Ca CEMENT RIG REPAIR 1
FT/HR 8 Sand PacL LOG 9.5
hP/dia inch #DIV/0! Solids BenEx FISHING/STUCK 0
IMP FORCE #DIV/0! Oil % PolyPlus CMT 15.5
DC Anlr Vel 306 LCM Flo Trol TEST BOP 8
DP Anlr Vel 218 WELD HEAD 2
JET PITS 0
DRLG CMT 0.5
BIT # 7 DULL COND: CUT DRLG LINE 0
ICS OCS DC LOC B/S G ODR RP Day Mud $ $0 MISC 12.5 273
4 8 BT A F 0.25 BT TD Cum Mud $ $72,097 TOTAL (Daily/cum) 24 1291.5
TIME ACTIVITY RPM WOB ROP
START END HRS FROM TO complete (M lbs) (fph)
3:00 3.00 WOO
3:00 3:30 0.50 Make up 6.25" bit, BS, XO
3:30 7:00 3.50 RIH w/ 6.25" bit on tubing to 4096.75
7:00 9:00 2.00 WOO
9:00 11:30 2.50 Pick up kelly, RIH tag @ 4096.75 attempt to wash down and drill cement w/ 20rpm & 2K
ot possible, circulate bottoms up
11:30 12:00 0.50 Pull to 4007'
12:00 19:00 7.00 WOO
19:00 22:30 3.50 POH and lay down bit
22:30 0:00 1.50 Pick up single w/ pin welded on end and RIH

DAILY AVG #DIV/0!


SHOWS/FLARE REPORT BHA SURVEYS
Description Length DEPTH DEVIATION AZIMUTH
630' 1.75deg
1160' 6.5deg
LAST BOP TEST 4/15/2013 1257' 5.75deg
WASTE DISPOSAL SITE: 1783' .5deg
DAILY YDS SOLID - BBLS LIQUID 2401' .5deg
WELL CUM SOLID - 0 CUM LIQUID 0 3083 ft .5deg

TOTAL DRILLED GAS


GAS Units DC SIZE
Background Gas: 8.00
Connection Gas: 0
Trip Gas: 0 DP SIZE
Max Gas: 4

ACCIDENTS FUEL (gals)


Start 3124 1 SLOW PUMP RATES
Received PSI SPM
NONE End 1350 Pump #1
DDR 06/02
NONE
Consumed 1774 Pump #2

DDR 06/02
DAILY DRILLING REPORT AFE DEPTH 4,500 AFE DAYS 33
AFE # : SOUTH CANAL BANK -1
LOCATION: Laguna Seca

WELL NAME: South Canal Bank -1 COUNTRY BELIZE STATE: Orangewalk DATE: 5/1/13 DAY: 68

DEPTH
OPERATIONS: Complete API#: 4450 PROGRESS:
(MD):

CONTRACTOR: MARANCO LTD Rig SUPV: Virgil Welch AFE $: Drlg $0 AFE $: Completed $4,571,295

TOTAL
PSI: SPM: DAILY COST: $48,980 CUM DRLG COST: $5,685,636
GPM:
DRILLING MECHANICS CASING STRINGS
PICK UP WEIGHT 83000 PLAN Actual TOL Size WT GRADE THRD LOT/FIT $/ft
SLACK OFF WEIGHT 80000 300' 161 13&3/8" 61# K-55 Weld 161 $ 66.78
ROTATING WEIGHT 77000 1200 1183 9&5/8" 43.5# K-55 BUTT 1183 $ 66.67
TORQUE ON BOTTOM 200 - -
TORQUE OFF BOTTOM 100 - -
BIT RECORD Present Bit Previous Bit MUD PROPERTIES MUD MIXED TIME DISTRIBUTION
BIT NO 7 MW GEL RU/RD 1 144.5
SIZE 8 1/2 VIS SALTGEL DRLG 403.5
MFG Smith PV LIME REAM/WASH 17.5
TYPE F37(rr) YP CAUSTIC SURVEY 4.5
SER. NO EB3979 GELS SODA ASH TRIP 1.5 197.5
NOZZLES 22/22/22 pH BARITE RIG SERV 4
TFA WL HULLS CIRC & COND 73
OUT 4450 HP/HT magma fiber RUN CSG 22
IN 4107 FC xanthan gum WOC 81.5
FOOTAGE 343 CL bicarb NU BOP 36.5
HOURS 44 Ca CEMENT RIG REPAIR 1
FT/HR 8 Sand PacL LOG 9.5
hP/dia inch #DIV/0! Solids BenEx FISHING/STUCK 0
IMP FORCE #DIV/0! Oil % PolyPlus CMT 15.5
DC Anlr Vel 306 LCM Flo Trol TEST BOP 8
DP Anlr Vel 218 WELD HEAD 2
JET PITS 0
DRLG CMT 0.5
BIT # 7 DULL COND: CUT DRLG LINE 0
ICS OCS DC LOC B/S G ODR RP Day Mud $ $0 MISC 21.5 294.5
4 8 BT A F 0.25 BT TD Cum Mud $ $72,097 TOTAL (Daily/cum) 24 1315.5
TIME ACTIVITY RPM WOB ROP
START END HRS FROM TO complete (M lbs) (fph)
1:30 1.50 Cont to RIH to 4092
1:30 6:00 4.50 Wait on daylight, inventory spares cabin, tidy up equipment
6:00 6:30 0.50 rig up circulating swedge, prepare to inject diesel
6:30 7:00 0.50 pump down and inject 15bbls of diesel @ 1.8bbl/min @ 1500psi
7:00 17:00 10.00 wait on diesel to react
17:00 17:30 0.50 Rig up swabbing gear
17:30 0:00 6.50 Swabbing well as per attached swab sheet

DAILY AVG #DIV/0!


SHOWS/FLARE REPORT BHA SURVEYS
Description Length DEPTH DEVIATION AZIMUTH
630' 1.75deg
1160' 6.5deg
LAST BOP TEST 4/15/2013 1257' 5.75deg
WASTE DISPOSAL SITE: 1783' .5deg
DAILY YDS SOLID - BBLS LIQUID 2401' .5deg
WELL CUM SOLID - 0 CUM LIQUID 0 3083 ft .5deg

TOTAL DRILLED GAS


GAS Units DC SIZE
Background Gas: 8.00
Connection Gas: 0
Trip Gas: 0 DP SIZE
Max Gas: 4

ACCIDENTS FUEL (gals)


Start 1350 1 SLOW PUMP RATES
Received PSI SPM
NONE End 1234 Pump #1
DDR 06/02
NONE
Consumed 116 Pump #2

DDR 06/02
DAILY DRILLING REPORT AFE DEPTH 4,500 AFE DAYS 33
AFE # : SOUTH CANAL BANK -1
LOCATION: Laguna Seca

WELL NAME: South Canal Bank -1 COUNTRY BELIZE STATE: Orangewalk DATE: 5/2/13 DAY: 69

DEPTH
OPERATIONS: Complete API#: 4450 PROGRESS:
(MD):

CONTRACTOR: MARANCO LTD Rig SUPV: Virgil Welch AFE $: Drlg $0 AFE $: Completed $4,571,295

TOTAL
PSI: SPM: DAILY COST: $46,040 CUM DRLG COST: $5,685,636
GPM:
DRILLING MECHANICS CASING STRINGS
PICK UP WEIGHT 83000 PLAN Actual TOL Size WT GRADE THRD LOT/FIT $/ft
SLACK OFF WEIGHT 80000 300' 161 13&3/8" 61# K-55 Weld 161 $ 66.78
ROTATING WEIGHT 77000 1200 1183 9&5/8" 43.5# K-55 BUTT 1183 $ 66.67
TORQUE ON BOTTOM 200 - -
TORQUE OFF BOTTOM 100 - -
BIT RECORD Present Bit Previous Bit MUD PROPERTIES MUD MIXED TIME DISTRIBUTION
BIT NO 7 MW GEL RU/RD 144.5
SIZE 8 1/2 VIS SALTGEL DRLG 403.5
MFG Smith PV LIME REAM/WASH 17.5
TYPE F37(rr) YP CAUSTIC SURVEY 4.5
SER. NO EB3979 GELS SODA ASH TRIP 197.5
NOZZLES 22/22/22 pH BARITE RIG SERV 4
TFA WL HULLS CIRC & COND 73
OUT 4450 HP/HT magma fiber RUN CSG 22
IN 4107 FC xanthan gum WOC 81.5
FOOTAGE 343 CL bicarb NU BOP 36.5
HOURS 44 Ca CEMENT RIG REPAIR 1
FT/HR 8 Sand PacL LOG 9.5
hP/dia inch #DIV/0! Solids BenEx FISHING/STUCK 0
IMP FORCE #DIV/0! Oil % PolyPlus CMT 15.5
DC Anlr Vel 306 LCM Flo Trol TEST BOP 8
DP Anlr Vel 218 WELD HEAD 2
JET PITS 0
DRLG CMT 0.5
BIT # 7 DULL COND: CUT DRLG LINE 0
ICS OCS DC LOC B/S G ODR RP Day Mud $ $0 MISC 24 318.5
4 8 BT A F 0.25 BT TD Cum Mud $ $72,097 TOTAL (Daily/cum) 24 1339.5
TIME ACTIVITY RPM WOB ROP
START END HRS FROM TO complete (M lbs) (fph)
0:30 0.50 greese fast lins sheave, replace swab cups
:30 5:00 4.50 cont swabbing, fluid level gradually falling
5:00 12:30 7.50 wait on well to recover, rig duties
12;30 14:00 1.50 open well rih to swab, fluid level@3785, swab from 4000', 2nd run.84bbls, 3rd run 0
14:00 17:00 3.00 wait on well to recover, rig duties
17:00 17:30 0.50 tag fluid level@3810, swab f/4000', .64bblwater/oil weight 8.3ppg
17:30 22:00 4.50 wait on well to recover, rig duties
22:00 22:30 0.50 fluid level@3860, swab f/4000', recover .125bbls water w/ oil tr weight 8.3ppg
22:30 0:00 1.50 wait on well to recover, rig duties

DAILY AVG #DIV/0!


SHOWS/FLARE REPORT BHA SURVEYS
Description Length DEPTH DEVIATION AZIMUTH
630' 1.75deg
1160' 6.5deg
LAST BOP TEST 4/15/2013 1257' 5.75deg
WASTE DISPOSAL SITE: 1783' .5deg
DAILY YDS SOLID - BBLS LIQUID 2401' .5deg
WELL CUM SOLID - 0 CUM LIQUID 0 3083 ft .5deg

TOTAL DRILLED GAS


GAS Units DC SIZE
Background Gas: 8.00
Connection Gas: 0
Trip Gas: 0 DP SIZE
Max Gas: 4

ACCIDENTS FUEL (gals)


Start 1234 1 SLOW PUMP RATES
Received PSI SPM
NONE End 1118 Pump #1
DDR 06/02
NONE
Consumed 116 Pump #2

DDR 06/02
DAILY DRILLING REPORT AFE DEPTH 4,500 AFE DAYS 33
AFE # : SOUTH CANAL BANK -1
LOCATION: Laguna Seca

WELL NAME: South Canal Bank -1 COUNTRY BELIZE STATE: Orangewalk DATE: 5/3/13 DAY: 70

DEPTH
OPERATIONS: Complete API#: 4450 PROGRESS:
(MD):

CONTRACTOR: MARANCO LTD Rig SUPV: Virgil Welch AFE $: Drlg $0 AFE $: Completed $4,571,295

TOTAL
PSI: SPM: DAILY COST: $43,765 CUM DRLG COST: $5,685,636
GPM:
DRILLING MECHANICS CASING STRINGS
PICK UP WEIGHT 83000 PLAN Actual TOL Size WT GRADE THRD LOT/FIT $/ft
SLACK OFF WEIGHT 80000 300' 161 13&3/8" 61# K-55 Weld 161 $ 66.78
ROTATING WEIGHT 77000 1200 1183 9&5/8" 43.5# K-55 BUTT 1183 $ 66.67
TORQUE ON BOTTOM 200 - -
TORQUE OFF BOTTOM 100 - -
BIT RECORD Present Bit Previous Bit MUD PROPERTIES MUD MIXED TIME DISTRIBUTION
BIT NO 7 MW GEL RU/RD 144.5
SIZE 8 1/2 VIS SALTGEL DRLG 403.5
MFG Smith PV LIME REAM/WASH 17.5
TYPE F37(rr) YP CAUSTIC SURVEY 4.5
SER. NO EB3979 GELS SODA ASH TRIP 197.5
NOZZLES 22/22/22 pH BARITE RIG SERV 4
TFA WL HULLS CIRC & COND 73
OUT 4450 HP/HT magma fiber RUN CSG 22
IN 4107 FC xanthan gum WOC 81.5
FOOTAGE 343 CL bicarb NU BOP 36.5
HOURS 44 Ca CEMENT RIG REPAIR 1
FT/HR 8 Sand PacL LOG 9.5
hP/dia inch #DIV/0! Solids BenEx FISHING/STUCK 0
IMP FORCE #DIV/0! Oil % PolyPlus CMT 15.5
DC Anlr Vel 306 LCM Flo Trol TEST BOP 8
DP Anlr Vel 218 WELD HEAD 2
JET PITS 0
DRLG CMT 0.5
BIT # 7 DULL COND: CUT DRLG LINE 0
ICS OCS DC LOC B/S G ODR RP Day Mud $ $0 MISC 24 342.5
4 8 BT A F 0.25 BT TD Cum Mud $ $72,097 TOTAL (Daily/cum) 24 1363.5
TIME ACTIVITY RPM WOB ROP
START END HRS FROM TO complete (M lbs) (fph)
2:00 2.00 wait on well to recover, rig duties
2:00 2:30 0.50 tag fluid level@ 3820, swab from 4000', 1.3bbls recovered w/oil stains weight 8.4ppg
2:30 6:00 3.50 wait on well to recover, rig duties
6:00 6:30 0.50 tag fluid level @ 3817, swab from 4000', .92bbls recovered w/oil stains weight 9.4ppg
6:30 9:30 3.00 wait on well to recover, rig duties
9:30 10:00 0.50 tag fluid level@3732'swab f/ 4000', 1.3bbls return w/ oil stains weight 8.5ppg,
10:00 14:00 4.00 wait on well to recover, rig duties
14:00 14:30 0.50 tag fluid level@3744', swab from 4000', .5bbls return w/ oil stains weight 8.4ppg
14:30 18:00 3.50 wait on well to recover, rig duties
18:00 19:00 1.00 3 swab runs fluid level@3817, 3863, 3932, swab from 4000' 1.75bbl recovery weight 8.4ppg
19:00 22:00 3.00 wait on well to recover, rig duties
22:00 22:30 0.50 fluid level@3890, swab from 4000', .48bbls recovery, weight 8.3ppg
22:30 0:00 1.50 wait on well to recover, rig duties

DAILY AVG #DIV/0!


SHOWS/FLARE REPORT BHA SURVEYS
Description Length DEPTH DEVIATION AZIMUTH
630' 1.75deg
1160' 6.5deg
LAST BOP TEST 4/15/2013 1257' 5.75deg
WASTE DISPOSAL SITE: 1783' .5deg
DAILY YDS SOLID - BBLS LIQUID 2401' .5deg
WELL CUM SOLID - 0 CUM LIQUID 0 3083 ft .5deg

TOTAL DRILLED GAS


GAS Units DC SIZE
Background Gas: 8.00
Connection Gas: 0
Trip Gas: 0 DP SIZE
Max Gas: 4

ACCIDENTS FUEL (gals)


Start 1118 1 SLOW PUMP RATES
Received 3500 PSI SPM
NONE End 3844 Pump #1
DDR 06/02
NONE
Consumed 774 Pump #2

DDR 06/02
DAILY DRILLING REPORT AFE DEPTH 4,500 AFE DAYS 33
AFE # : SOUTH CANAL BANK -1
LOCATION: Laguna Seca

WELL NAME: South Canal Bank -1 COUNTRY BELIZE STATE: Orangewalk DATE: 5/4/13 DAY: 71

DEPTH
OPERATIONS: Complete API#: 4450 PROGRESS:
(MD):

CONTRACTOR: MARANCO LTD Rig SUPV: Virgil Welch AFE $: Drlg $0 AFE $: Completed $4,571,295

TOTAL
PSI: SPM: DAILY COST: $43,765 CUM DRLG COST: $5,685,636
GPM:
DRILLING MECHANICS CASING STRINGS
PICK UP WEIGHT 83000 PLAN Actual TOL Size WT GRADE THRD LOT/FIT $/ft
SLACK OFF WEIGHT 80000 300' 161 13&3/8" 61# K-55 Weld 161 $ 66.78
ROTATING WEIGHT 77000 1200 1183 9&5/8" 43.5# K-55 BUTT 1183 $ 66.67
TORQUE ON BOTTOM 200 - -
TORQUE OFF BOTTOM 100 - -
BIT RECORD Present Bit Previous Bit MUD PROPERTIES MUD MIXED TIME DISTRIBUTION
BIT NO 7 MW GEL RU/RD 144.5
SIZE 8 1/2 VIS SALTGEL DRLG 403.5
MFG Smith PV LIME REAM/WASH 17.5
TYPE F37(rr) YP CAUSTIC SURVEY 4.5
SER. NO EB3979 GELS SODA ASH TRIP 197.5
NOZZLES 22/22/22 pH BARITE RIG SERV 4
TFA WL HULLS CIRC & COND 73
OUT 4450 HP/HT magma fiber RUN CSG 22
IN 4107 FC xanthan gum WOC 81.5
FOOTAGE 343 CL bicarb NU BOP 36.5
HOURS 44 Ca CEMENT RIG REPAIR 1
FT/HR 8 Sand PacL LOG 9.5
hP/dia inch #DIV/0! Solids BenEx FISHING/STUCK 0
IMP FORCE #DIV/0! Oil % PolyPlus CMT 15.5
DC Anlr Vel 306 LCM Flo Trol TEST BOP 8
DP Anlr Vel 218 WELD HEAD 2
JET PITS 0
DRLG CMT 0.5
BIT # 7 DULL COND: CUT DRLG LINE 0
ICS OCS DC LOC B/S G ODR RP Day Mud $ $0 MISC 24 342.5
4 8 BT A F 0.25 BT TD Cum Mud $ $72,097 TOTAL (Daily/cum) 24 1363.5
TIME ACTIVITY RPM WOB ROP
START END HRS FROM TO complete (M lbs) (fph)
2:00 2.00 wait on well to recover, rig duties
2:00 2:30 0.50 3runs, tag fluid level@4000, 3878, 4000 .25bbl returns 8.3ppg
2:30 6:00 3.50 wait on well to recover, rig duties
6:00 7:30 1.50 2runs, tag fluid level@3834 &3800, no returns, change swab cups, clean out lubricator, 3 runs
in hole, received 2.48 bbl more oil then water
7:30 12:00 5.00 wait on well to recover, rig duties
12:00 13:30 1.50 6 runs in hole, fluid levels 3788, 3903,3919, 3930,3944,4000
total recovery 2bbls with higher ratio oil to water
13:30 17:00 3.50 wait on well to recover, rig duties
17:00 17:30 0.50 2runs fluid level @ 3965 &4000, recovered 1 bbl w/ higher oil ratio
17:30 21:00 3.50 wait on well to recover, rig duties-cut off 4100' of swab line and re-babbit end
21:00 22:00 1.00 rih slowly w/counter, fit marker flags on line, slowly tag bottom of tubing @ 4092, swab from
400ft, no returns, 2nd run no fluid tagged
22:00 0:00 2.00 wait on well to recover, rig duties

DAILY AVG #DIV/0!


SHOWS/FLARE REPORT BHA SURVEYS
Description Length DEPTH DEVIATION AZIMUTH
630' 1.75deg
1160' 6.5deg
LAST BOP TEST 4/15/2013 1257' 5.75deg
WASTE DISPOSAL SITE: 1783' .5deg
DAILY YDS SOLID - BBLS LIQUID 2401' .5deg
WELL CUM SOLID - 0 CUM LIQUID 0 3083 ft .5deg

TOTAL DRILLED GAS


GAS Units DC SIZE
Background Gas: 8.00
Connection Gas: 0
Trip Gas: 0 DP SIZE
Max Gas: 4

ACCIDENTS FUEL (gals)


Start 3844 1 SLOW PUMP RATES
Received PSI SPM
NONE End 3626 Pump #1
DDR 06/02
NONE
Consumed 218 Pump #2

DDR 06/02
DAILY DRILLING REPORT AFE DEPTH 4,500 AFE DAYS 33
AFE # : SOUTH CANAL BANK -1
LOCATION: Laguna Seca

WELL NAME: South Canal Bank -1 COUNTRY BELIZE STATE: Orangewalk DATE: 5/5/13 DAY: 72

DEPTH
OPERATIONS: Complete API#: 4450 PROGRESS:
(MD):

CONTRACTOR: MARANCO LTD Rig SUPV: Virgil Welch AFE $: Drlg $0 AFE $: Completed $4,571,295

TOTAL
PSI: SPM: DAILY COST: $44,395 CUM DRLG COST: $5,685,636
GPM:
DRILLING MECHANICS CASING STRINGS
PICK UP WEIGHT 83000 PLAN Actual TOL Size WT GRADE THRD LOT/FIT $/ft
SLACK OFF WEIGHT 80000 300' 161 13&3/8" 61# K-55 Weld 161 $ 66.78
ROTATING WEIGHT 77000 1200 1183 9&5/8" 43.5# K-55 BUTT 1183 $ 66.67
TORQUE ON BOTTOM 200 - -
TORQUE OFF BOTTOM 100 - -
BIT RECORD Present Bit Previous Bit MUD PROPERTIES MUD MIXED TIME DISTRIBUTION
BIT NO 7 MW GEL RU/RD 144.5
SIZE 8 1/2 VIS SALTGEL DRLG 403.5
MFG Smith PV LIME REAM/WASH 17.5
TYPE F37(rr) YP CAUSTIC SURVEY 4.5
SER. NO EB3979 GELS SODA ASH TRIP 197.5
NOZZLES 22/22/22 pH BARITE RIG SERV 4
TFA WL HULLS CIRC & COND 73
OUT 4450 HP/HT magma fiber RUN CSG 22
IN 4107 FC xanthan gum WOC 81.5
FOOTAGE 343 CL bicarb NU BOP 36.5
HOURS 44 Ca CEMENT RIG REPAIR 1
FT/HR 8 Sand PacL LOG 9.5
hP/dia inch #DIV/0! Solids BenEx FISHING/STUCK 0
IMP FORCE #DIV/0! Oil % PolyPlus CMT 15.5
DC Anlr Vel 306 LCM Flo Trol TEST BOP 8
DP Anlr Vel 218 WELD HEAD 2
JET PITS 0
DRLG CMT 0.5
BIT # 7 DULL COND: CUT DRLG LINE 0
ICS OCS DC LOC B/S G ODR RP Day Mud $ $0 MISC 24 342.5
4 8 BT A F 0.25 BT TD Cum Mud $ $72,097 TOTAL (Daily/cum) 24 1363.5
TIME ACTIVITY RPM WOB ROP
START END HRS FROM TO complete (M lbs) (fph)
2:00 2.00 Wait on well to recover
2:00 2:30 0.50 Swab 2 runs, no returns
2:30 6:00 3.50 Wait on well to recover
6:00 7:30 1.50 3 swab runs, levels @3990,3957,3970-CHANGE SWAB CUPS AND SWAB FROM 4000',
very lit .1bbls mostly hydrocarbon tracestle returns
7:30 11:30 4.00 Wait on well to recover
11:30 12:00 0.50 2 swab runs to 4000', no returns
12:00 16:00 4.00 Wait on well to recover
16:00 19:00 3.00 cont to swab from 4000', change swab cups 2 times, 9 runs gaind 6bbl, 7.4ppg
19:00 23:00 4.00 Wait on well to recover
23:00 0:00 1.00 4 swab runs to 4000', changed swab cups, gained .25bbls mostly oil

DAILY AVG #DIV/0!


SHOWS/FLARE REPORT BHA SURVEYS
Description Length DEPTH DEVIATION AZIMUTH
630' 1.75deg
1160' 6.5deg
LAST BOP TEST 4/15/2013 1257' 5.75deg
WASTE DISPOSAL SITE: 1783' .5deg
DAILY YDS SOLID - BBLS LIQUID 2401' .5deg
WELL CUM SOLID - 0 CUM LIQUID 0 3083 ft .5deg

TOTAL DRILLED GAS


GAS Units DC SIZE
Background Gas: 8.00
Connection Gas: 0
Trip Gas: 0 DP SIZE
Max Gas: 4

ACCIDENTS FUEL (gals)


Start 3626 1 SLOW PUMP RATES
Received PSI SPM
NONE End 3482 Pump #1
DDR 06/02
NONE
Consumed 144 Pump #2

DDR 06/02
DAILY DRILLING REPORT AFE DEPTH 4,500 AFE DAYS 33
AFE # : SOUTH CANAL BANK -1
LOCATION: Laguna Seca

WELL NAME: South Canal Bank -1 COUNTRY BELIZE STATE: Orangewalk DATE: 5/6/13 DAY: 73

DEPTH
OPERATIONS: Complete API#: 4450 PROGRESS:
(MD):

CONTRACTOR: MARANCO LTD Rig SUPV: Virgil Welch AFE $: Drlg $0 AFE $: Completed $4,571,295

TOTAL
PSI: SPM: DAILY COST: $44,395 CUM DRLG COST: $5,685,636
GPM:
DRILLING MECHANICS CASING STRINGS
PICK UP WEIGHT 83000 PLAN Actual TOL Size WT GRADE THRD LOT/FIT $/ft
SLACK OFF WEIGHT 80000 300' 161 13&3/8" 61# K-55 Weld 161 $ 66.78
ROTATING WEIGHT 77000 1200 1183 9&5/8" 43.5# K-55 BUTT 1183 $ 66.67
TORQUE ON BOTTOM 200 - -
TORQUE OFF BOTTOM 100 - -
BIT RECORD Present Bit Previous Bit MUD PROPERTIES MUD MIXED TIME DISTRIBUTION
BIT NO 7 MW GEL RU/RD 144.5
SIZE 8 1/2 VIS SALTGEL DRLG 403.5
MFG Smith PV LIME REAM/WASH 17.5
TYPE F37(rr) YP CAUSTIC SURVEY 4.5
SER. NO EB3979 GELS SODA ASH TRIP 197.5
NOZZLES 22/22/22 pH BARITE RIG SERV 4
TFA WL HULLS CIRC & COND 73
OUT 4450 HP/HT magma fiber RUN CSG 22
IN 4107 FC xanthan gum WOC 81.5
FOOTAGE 343 CL bicarb NU BOP 36.5
HOURS 44 Ca CEMENT RIG REPAIR 1
FT/HR 8 Sand PacL LOG 9.5
hP/dia inch #DIV/0! Solids BenEx FISHING/STUCK 0
IMP FORCE #DIV/0! Oil % PolyPlus CMT 15.5
DC Anlr Vel 306 LCM Flo Trol TEST BOP 8
DP Anlr Vel 218 WELD HEAD 2
JET PITS 0
DRLG CMT 0.5
BIT # 7 DULL COND: CUT DRLG LINE 0
ICS OCS DC LOC B/S G ODR RP Day Mud $ $0 MISC 24 366.5
4 8 BT A F 0.25 BT TD Cum Mud $ $72,097 TOTAL (Daily/cum) 24 1387.5
TIME ACTIVITY RPM WOB ROP
START END HRS FROM TO complete (M lbs) (fph)
5:00 5.00 Wait on well to recover
5:00 7:00 2.00 swab from 4000', 9 runs recovered 1.31bbls mostly oil
7:00 11:30 4.50 Wait on well to recover
11:30 15:30 4.00 swab from 4092', 12 runs recovered 2.11bbls mostly oil
15:30 19:00 3.50 Wait on well to recover
19:00 20:00 1.00 swab from 4092', 5 runs, recovered 1.24bbls
20:00 0:00 4.00 Wait on well to recover

DAILY AVG #DIV/0!


SHOWS/FLARE REPORT BHA SURVEYS
Description Length DEPTH DEVIATION AZIMUTH
630' 1.75deg
1160' 6.5deg
LAST BOP TEST 4/15/2013 1257' 5.75deg
WASTE DISPOSAL SITE: 1783' .5deg
DAILY YDS SOLID - BBLS LIQUID 2401' .5deg
WELL CUM SOLID - 0 CUM LIQUID 0 3083 ft .5deg

TOTAL DRILLED GAS


GAS Units DC SIZE
Background Gas: 8.00
Connection Gas: 0
Trip Gas: 0 DP SIZE
Max Gas: 4

ACCIDENTS FUEL (gals)


Start 3482 1 SLOW PUMP RATES
Received PSI SPM
NONE End 3110 Pump #1
DDR 06/02
NONE
Consumed 372 Pump #2

DDR 06/02
DAILY DRILLING REPORT AFE DEPTH 4,500 AFE DAYS 33
AFE # : SOUTH CANAL BANK -1
LOCATION: Laguna Seca

WELL NAME: South Canal Bank -1 COUNTRY BELIZE STATE: Orangewalk DATE: 5/7/13 DAY: 74

DEPTH
OPERATIONS: Complete API#: 4450 PROGRESS:
(MD):

CONTRACTOR: MARANCO LTD Rig SUPV: Virgil Welch AFE $: Drlg $0 AFE $: Completed $4,571,295

TOTAL
PSI: SPM: DAILY COST: $43,840 CUM DRLG COST: $5,685,636
GPM:
DRILLING MECHANICS CASING STRINGS
PICK UP WEIGHT 83000 PLAN Actual TOL Size WT GRADE THRD LOT/FIT $/ft
SLACK OFF WEIGHT 80000 300' 161 13&3/8" 61# K-55 Weld 161 $ 66.78
ROTATING WEIGHT 77000 1200 1183 9&5/8" 43.5# K-55 BUTT 1183 $ 66.67
TORQUE ON BOTTOM 200 - -
TORQUE OFF BOTTOM 100 - -
BIT RECORD Present Bit Previous Bit MUD PROPERTIES MUD MIXED TIME DISTRIBUTION
BIT NO 7 MW GEL RU/RD 144.5
SIZE 8 1/2 VIS SALTGEL DRLG 403.5
MFG Smith PV LIME REAM/WASH 17.5
TYPE F37(rr) YP CAUSTIC SURVEY 4.5
SER. NO EB3979 GELS SODA ASH TRIP 197.5
NOZZLES 22/22/22 pH BARITE RIG SERV 4
TFA WL HULLS CIRC & COND 73
OUT 4450 HP/HT magma fiber RUN CSG 22
IN 4107 FC xanthan gum WOC 81.5
FOOTAGE 343 CL bicarb NU BOP 36.5
HOURS 44 Ca CEMENT RIG REPAIR 1
FT/HR 8 Sand PacL LOG 9.5
hP/dia inch #DIV/0! Solids BenEx FISHING/STUCK 0
IMP FORCE #DIV/0! Oil % PolyPlus CMT 15.5
DC Anlr Vel 306 LCM Flo Trol TEST BOP 8
DP Anlr Vel 218 WELD HEAD 2
JET PITS 0
DRLG CMT 0.5
BIT # 7 DULL COND: CUT DRLG LINE 0
ICS OCS DC LOC B/S G ODR RP Day Mud $ $0 MISC 24 390.5
4 8 BT A F 0.25 BT TD Cum Mud $ $72,097 TOTAL (Daily/cum) 24 1411.5
TIME ACTIVITY RPM WOB ROP
START END HRS FROM TO complete (M lbs) (fph)
1:00 1.00 swab from 4092' recovered .46bbls
1:00 5:00 4.00 Wait on well to recover, general rig duties
5:00 7:00 2.00 swab from 4092', 9 runs, recovered 3.72 bbls
7:00 11:00 4.00 Wait on well to recover, general rig duties
11:00 12:00 1.00 swab from 4092'
12:00 16:00 4.00 Wait on well to recover, general rig duties
16:00 17:00 1.00 swab from 4092', very little returns
17:00 17:30 0.50 replace nipple below flow T on lubricator
17:30 18:00 0.50 swab from 4092'
18:00 22:00 4.00 Wait on well to recover, general rig duties
22:00 23:00 1.00 swab from 4092'
23:00 0:00 1.00 Wait on well to recover, general rig duties

DAILY AVG #DIV/0!


SHOWS/FLARE REPORT BHA SURVEYS
Description Length DEPTH DEVIATION AZIMUTH
630' 1.75deg
1160' 6.5deg
LAST BOP TEST 4/15/2013 1257' 5.75deg
WASTE DISPOSAL SITE: 1783' .5deg
DAILY YDS SOLID - BBLS LIQUID 2401' .5deg
WELL CUM SOLID - 0 CUM LIQUID 0 3083 ft .5deg

TOTAL DRILLED GAS


GAS Units DC SIZE
Background Gas: 8.00
Connection Gas: 0
Trip Gas: 0 DP SIZE
Max Gas: 4

ACCIDENTS FUEL (gals)


Start 3110 1 SLOW PUMP RATES
Received PSI SPM
NONE End 2842 Pump #1
DDR 06/02
NONE
Consumed 268 Pump #2

DDR 06/02
DAILY DRILLING REPORT AFE DEPTH 4,500 AFE DAYS 33
AFE # : SOUTH CANAL BANK -1
LOCATION: Laguna Seca

WELL NAME: South Canal Bank -1 COUNTRY BELIZE STATE: Orangewalk DATE: 5/8/13 DAY: 75

DEPTH
OPERATIONS: Complete API#: 4450 PROGRESS:
(MD):

CONTRACTOR: MARANCO LTD Rig SUPV: Virgil Welch AFE $: Drlg $0 AFE $: Completed $4,571,295

TOTAL
PSI: SPM: DAILY COST: $43,840 CUM DRLG COST: $5,685,636
GPM:
DRILLING MECHANICS CASING STRINGS
PICK UP WEIGHT 83000 PLAN Actual TOL Size WT GRADE THRD LOT/FIT $/ft
SLACK OFF WEIGHT 80000 300' 161 13&3/8" 61# K-55 Weld 161 $ 66.78
ROTATING WEIGHT 77000 1200 1183 9&5/8" 43.5# K-55 BUTT 1183 $ 66.67
TORQUE ON BOTTOM 200 - -
TORQUE OFF BOTTOM 100 - -
BIT RECORD Present Bit Previous Bit MUD PROPERTIES MUD MIXED TIME DISTRIBUTION
BIT NO 7 MW GEL RU/RD 144.5
SIZE 8 1/2 VIS SALTGEL DRLG 403.5
MFG Smith PV LIME REAM/WASH 17.5
TYPE F37(rr) YP CAUSTIC SURVEY 4.5
SER. NO EB3979 GELS SODA ASH TRIP 197.5
NOZZLES 22/22/22 pH BARITE RIG SERV 4
TFA WL HULLS CIRC & COND 73
OUT 4450 HP/HT magma fiber RUN CSG 22
IN 4107 FC xanthan gum WOC 81.5
FOOTAGE 343 CL bicarb NU BOP 36.5
HOURS 44 Ca CEMENT RIG REPAIR 1
FT/HR 8 Sand PacL LOG 9.5
hP/dia inch #DIV/0! Solids BenEx FISHING/STUCK 0
IMP FORCE #DIV/0! Oil % PolyPlus CMT 15.5
DC Anlr Vel 306 LCM Flo Trol TEST BOP 8
DP Anlr Vel 218 WELD HEAD 2
JET PITS 0
DRLG CMT 0.5
BIT # 7 DULL COND: CUT DRLG LINE 0
ICS OCS DC LOC B/S G ODR RP Day Mud $ $0 MISC 24 390.5
4 8 BT A F 0.25 BT TD Cum Mud $ $72,097 TOTAL (Daily/cum) 24 1411.5
TIME ACTIVITY RPM WOB ROP
START END HRS FROM TO complete (M lbs) (fph)
3:00 3.00 Wait on well to recover, general rig duties
3:00 4:00 1.00 Swab from 4092. 3 runs, .46 bbls recovered 8.3ppg
4:00 7:30 3.50 Wait on well to recover, general rig duties
7:30 9:00 1.50 Swab from 4092', 6 runs, .65 bbls recovered, 8.4ppg
9:00 13:00 4.00 Wait on well to recover, general rig duties
13:00 14:00 1.00 Swab from 4092', 3 runs, changed cups, .30bbls recovered, 8.4ppg
14:00 18:00 4.00 Wait on well to recover, general rig duties
18:00 19:00 1.00 swab from 4092', 4 runs, revovered .30bbls, 8.4ppg
19:00 22:00 3.00 Wait on well to recover, general rig duties
22:00 23:00 1.00 swab from 4092', 4 runs, no returns
23:00 0:00 1.00 Wait on well to recover, general rig duties

DAILY AVG #DIV/0!


SHOWS/FLARE REPORT BHA SURVEYS
Description Length DEPTH DEVIATION AZIMUTH
630' 1.75deg
1160' 6.5deg
LAST BOP TEST 4/15/2013 1257' 5.75deg
WASTE DISPOSAL SITE: 1783' .5deg
DAILY YDS SOLID - BBLS LIQUID 2401' .5deg
WELL CUM SOLID - 0 CUM LIQUID 0 3083 ft .5deg

TOTAL DRILLED GAS


GAS Units DC SIZE
Background Gas: 8.00
Connection Gas: 0
Trip Gas: 0 DP SIZE
Max Gas: 4

ACCIDENTS FUEL (gals)


Start 2842 1 SLOW PUMP RATES
Received PSI SPM
NONE End 2566 Pump #1
DDR 06/02
NONE
Consumed 276 Pump #2

DDR 06/02
DAILY DRILLING REPORT AFE DEPTH 4,500 AFE DAYS 33
AFE # : SOUTH CANAL BANK -1
LOCATION: Laguna Seca

WELL NAME: South Canal Bank -1 COUNTRY BELIZE STATE: Orangewalk DATE: 5/9/13 DAY: 76

DEPTH
OPERATIONS: Complete API#: 4450 PROGRESS:
(MD):

CONTRACTOR: MARANCO LTD Rig SUPV: Virgil Welch AFE $: Drlg $0 AFE $: Completed $4,571,295

TOTAL
PSI: SPM: DAILY COST: $43,840 CUM DRLG COST: $5,685,636
GPM:
DRILLING MECHANICS CASING STRINGS
PICK UP WEIGHT 83000 PLAN Actual TOL Size WT GRADE THRD LOT/FIT $/ft
SLACK OFF WEIGHT 80000 300' 161 13&3/8" 61# K-55 Weld 161 $ 66.78
ROTATING WEIGHT 77000 1200 1183 9&5/8" 43.5# K-55 BUTT 1183 $ 66.67
TORQUE ON BOTTOM 200 - -
TORQUE OFF BOTTOM 100 - -
BIT RECORD Present Bit Previous Bit MUD PROPERTIES MUD MIXED TIME DISTRIBUTION
BIT NO 7 MW GEL RU/RD 144.5
SIZE 8 1/2 VIS SALTGEL DRLG 403.5
MFG Smith PV LIME REAM/WASH 17.5
TYPE F37(rr) YP CAUSTIC SURVEY 4.5
SER. NO EB3979 GELS SODA ASH TRIP 197.5
NOZZLES 22/22/22 pH BARITE RIG SERV 4
TFA WL HULLS CIRC & COND 73
OUT 4450 HP/HT magma fiber RUN CSG 22
IN 4107 FC xanthan gum WOC 81.5
FOOTAGE 343 CL bicarb NU BOP 36.5
HOURS 44 Ca CEMENT RIG REPAIR 1
FT/HR 8 Sand PacL LOG 9.5
hP/dia inch #DIV/0! Solids BenEx FISHING/STUCK 0
IMP FORCE #DIV/0! Oil % PolyPlus CMT 15.5
DC Anlr Vel 306 LCM Flo Trol TEST BOP 8
DP Anlr Vel 218 WELD HEAD 2
JET PITS 0
DRLG CMT 0.5
BIT # 7 DULL COND: CUT DRLG LINE 0
ICS OCS DC LOC B/S G ODR RP Day Mud $ $0 MISC 24 390.5
4 8 BT A F 0.25 BT TD Cum Mud $ $72,097 TOTAL (Daily/cum) 24 1411.5
TIME ACTIVITY RPM WOB ROP
START END HRS FROM TO complete (M lbs) (fph)
6:00 6.00 Wait on well to recover, general rig duties
6:00 7:00 1.00 Swab from 4092', 3 runs, no recovery
7:00 10:00 3.00 Wait on well to recover, general rig duties
10:00 11:00 1.00 Swab from 4092', fluid level @ 4962, 3 runs, all water, 20ppm H2S weight 8.3-8.6
11:00 15:00 4.00 Wait on well to recover, general rig duties
15:00 17:00 2.00 Swab from 4092', 7 runs, recovered 1.79bbls
17:00 18:30 1.50 Work on pump 3
18:30 0:00 5.50 Shut down for darkness

DAILY AVG #DIV/0!


SHOWS/FLARE REPORT BHA SURVEYS
Description Length DEPTH DEVIATION AZIMUTH
630' 1.75deg
1160' 6.5deg
LAST BOP TEST 4/15/2013 1257' 5.75deg
WASTE DISPOSAL SITE: 1783' .5deg
DAILY YDS SOLID - BBLS LIQUID 2401' .5deg
WELL CUM SOLID - 0 CUM LIQUID 0 3083 ft .5deg

TOTAL DRILLED GAS


GAS Units DC SIZE
Background Gas: 8.00
Connection Gas: 0
Trip Gas: 0 DP SIZE
Max Gas: 4

ACCIDENTS FUEL (gals)


Start 2566 1 SLOW PUMP RATES
Received PSI SPM
NONE End 2430 Pump #1
DDR 06/02
NONE
Consumed 136 Pump #2

DDR 06/02
DAILY DRILLING REPORT AFE DEPTH 4,500 AFE DAYS 33
AFE # : SOUTH CANAL BANK -1
LOCATION: Laguna Seca

WELL NAME: South Canal Bank -1 COUNTRY BELIZE STATE: Orangewalk DATE: 5/10/13 DAY: 77

DEPTH
OPERATIONS: Complete API#: 4450 PROGRESS:
(MD):

CONTRACTOR: MARANCO LTD Rig SUPV: Virgil Welch AFE $: Drlg $0 AFE $: Completed $4,571,295

TOTAL
PSI: SPM: DAILY COST: $43,840 CUM DRLG COST: $5,685,636
GPM:
DRILLING MECHANICS CASING STRINGS
PICK UP WEIGHT 83000 PLAN Actual TOL Size WT GRADE THRD LOT/FIT $/ft
SLACK OFF WEIGHT 80000 300' 161 13&3/8" 61# K-55 Weld 161 $ 66.78
ROTATING WEIGHT 77000 1200 1183 9&5/8" 43.5# K-55 BUTT 1183 $ 66.67
TORQUE ON BOTTOM 200 - -
TORQUE OFF BOTTOM 100 - -
BIT RECORD Present Bit Previous Bit MUD PROPERTIES MUD MIXED TIME DISTRIBUTION
BIT NO 7 MW GEL RU/RD 144.5
SIZE 8 1/2 VIS SALTGEL DRLG 403.5
MFG Smith PV LIME REAM/WASH 17.5
TYPE F37(rr) YP CAUSTIC SURVEY 4.5
SER. NO EB3979 GELS SODA ASH TRIP 197.5
NOZZLES 22/22/22 pH BARITE RIG SERV 4
TFA WL HULLS CIRC & COND 73
OUT 4450 HP/HT magma fiber RUN CSG 22
IN 4107 FC xanthan gum WOC 81.5
FOOTAGE 343 CL bicarb NU BOP 36.5
HOURS 44 Ca CEMENT RIG REPAIR 1
FT/HR 8 Sand PacL LOG 9.5
hP/dia inch #DIV/0! Solids BenEx FISHING/STUCK 0
IMP FORCE #DIV/0! Oil % PolyPlus CMT 15.5
DC Anlr Vel 306 LCM Flo Trol TEST BOP 8
DP Anlr Vel 218 WELD HEAD 2
JET PITS 0
DRLG CMT 0.5
BIT # 7 DULL COND: CUT DRLG LINE 0
ICS OCS DC LOC B/S G ODR RP Day Mud $ $0 MISC 24 414.5
4 8 BT A F 0.25 BT TD Cum Mud $ $72,097 TOTAL (Daily/cum) 24 1435.5
TIME ACTIVITY RPM WOB ROP
START END HRS FROM TO complete (M lbs) (fph)
6:00 6.00 Shut down for darkness, wait on well to recover
6:00 7:00 1.00 swab from 4092', 1st run tag fluid @ 4010, 6 runs, recovered 3.5bbls
7:00 11:00 4.00 wait on well to recover, cont working on mud pumps fluid ends, service valves
11:00 12:00 1.00 Swab from 4092', 4 runs, recovered 1.56 bbls
12:00 16:00 4.00 wait on well to recover, cont working on mud pumps fluid ends, service valves
16:00 17:00 1.00 swab from 4092', 4 runs, recovered 1.08 bbls
17:00 18:30 1.50 tidy site and equipment
18:30 0:00 5.50 Shut down for darkness, wait on well to recover

DAILY AVG #DIV/0!


SHOWS/FLARE REPORT BHA SURVEYS
Description Length DEPTH DEVIATION AZIMUTH
630' 1.75deg
1160' 6.5deg
LAST BOP TEST 4/15/2013 1257' 5.75deg
WASTE DISPOSAL SITE: 1783' .5deg
DAILY YDS SOLID - BBLS LIQUID 2401' .5deg
WELL CUM SOLID - 0 CUM LIQUID 0 3083 ft .5deg

TOTAL DRILLED GAS


GAS Units DC SIZE
Background Gas: 8.00
Connection Gas: 0
Trip Gas: 0 DP SIZE
Max Gas: 4

ACCIDENTS FUEL (gals)


Start 2430 1 SLOW PUMP RATES
Received PSI SPM
NONE End 2430 Pump #1
DDR 06/02
NONE
Consumed 0 Pump #2

DDR 06/02
DAILY DRILLING REPORT AFE DEPTH 4,500 AFE DAYS 33
AFE # : SOUTH CANAL BANK -1
LOCATION: Laguna Seca

WELL NAME: South Canal Bank -1 COUNTRY BELIZE STATE: Orangewalk DATE: 5/11/13 DAY: 78

DEPTH
OPERATIONS: Complete API#: 4450 PROGRESS:
(MD):

CONTRACTOR: MARANCO LTD Rig SUPV: Virgil Welch AFE $: Drlg $0 AFE $: Completed $4,571,295

TOTAL
PSI: SPM: DAILY COST: $43,630 CUM DRLG COST: $5,685,636
GPM:
DRILLING MECHANICS CASING STRINGS
PICK UP WEIGHT 83000 PLAN Actual TOL Size WT GRADE THRD LOT/FIT $/ft
SLACK OFF WEIGHT 80000 300' 161 13&3/8" 61# K-55 Weld 161 $ 66.78
ROTATING WEIGHT 77000 1200 1183 9&5/8" 43.5# K-55 BUTT 1183 $ 66.67
TORQUE ON BOTTOM 200 - -
TORQUE OFF BOTTOM 100 - -
BIT RECORD Present Bit Previous Bit MUD PROPERTIES MUD MIXED TIME DISTRIBUTION
BIT NO 7 MW GEL RU/RD 144.5
SIZE 8 1/2 VIS SALTGEL DRLG 403.5
MFG Smith PV LIME REAM/WASH 17.5
TYPE F37(rr) YP CAUSTIC SURVEY 4.5
SER. NO EB3979 GELS SODA ASH TRIP 197.5
NOZZLES 22/22/22 pH BARITE RIG SERV 4
TFA WL HULLS CIRC & COND 73
OUT 4450 HP/HT magma fiber RUN CSG 22
IN 4107 FC xanthan gum WOC 81.5
FOOTAGE 343 CL bicarb NU BOP 36.5
HOURS 44 Ca CEMENT RIG REPAIR 1
FT/HR 8 Sand PacL LOG 9.5
hP/dia inch #DIV/0! Solids BenEx FISHING/STUCK 0
IMP FORCE #DIV/0! Oil % PolyPlus CMT 15.5
DC Anlr Vel 306 LCM Flo Trol TEST BOP 8
DP Anlr Vel 218 WELD HEAD 2
JET PITS 0
DRLG CMT 0.5
BIT # 7 DULL COND: CUT DRLG LINE 0
ICS OCS DC LOC B/S G ODR RP Day Mud $ $0 MISC 24 438.5
4 8 BT A F 0.25 BT TD Cum Mud $ $72,097 TOTAL (Daily/cum) 24 1459.5
TIME ACTIVITY RPM WOB ROP
START END HRS FROM TO complete (M lbs) (fph)
6:00 6.00 Shut down for darkness, wait on well to recover
6:00 7:00 1.00 swab from 4092', 1st run w/oil 7.7ppg, recovered 2.66bbls, rest of runs water
7:00 11:00 4.00 wait on well to recover, wash, greese and service equipment
11:00 12:00 1.00 Swab from 4092', 7 runs, 1st run 7.9ppg, rest of runs water
12:00 16:00 4.00 wait on well to recover, greese and service equipment, prep tank(bouwser) and collect oil
from mud tank to bouwser
16:00 17:00 1.00 Swab from 4092', 5 runs, recovered .76bbls. First run 7.8ppg, rest of runs water
17:00 18:30 1.50 continue to work on rig, clean and pressure wash rig
18:30 0:00 4.50 Shut down for darkness, wait on well to recover

DAILY AVG #DIV/0!


SHOWS/FLARE REPORT BHA SURVEYS
Description Length DEPTH DEVIATION AZIMUTH
630' 1.75deg
1160' 6.5deg
LAST BOP TEST 4/15/2013 1257' 5.75deg
WASTE DISPOSAL SITE: 1783' .5deg
DAILY YDS SOLID - BBLS LIQUID 2401' .5deg
WELL CUM SOLID - 0 CUM LIQUID 0 3083 ft .5deg

TOTAL DRILLED GAS


GAS Units DC SIZE
Background Gas: 8.00
Connection Gas: 0
Trip Gas: 0 DP SIZE
Max Gas: 4

ACCIDENTS FUEL (gals)


Start 2430 1 SLOW PUMP RATES
Received PSI SPM
NONE End 2294 Pump #1
DDR 06/02
NONE
Consumed 136 Pump #2

DDR 06/02
DAILY DRILLING REPORT AFE DEPTH 4,500 AFE DAYS 33
AFE # : SOUTH CANAL BANK -1
LOCATION: Laguna Seca

WELL NAME: South Canal Bank -1 COUNTRY BELIZE STATE: Orangewalk DATE: 5/12/13 DAY: 79

DEPTH
OPERATIONS: Complete API#: 4450 PROGRESS:
(MD):

CONTRACTOR: MARANCO LTD Rig SUPV: Virgil Welch AFE $: Drlg $0 AFE $: Completed $4,571,295

TOTAL
PSI: SPM: DAILY COST: $43,840 CUM DRLG COST: $5,685,636
GPM:
DRILLING MECHANICS CASING STRINGS
PICK UP WEIGHT 83000 PLAN Actual TOL Size WT GRADE THRD LOT/FIT $/ft
SLACK OFF WEIGHT 80000 300' 161 13&3/8" 61# K-55 Weld 161 $ 66.78
ROTATING WEIGHT 77000 1200 1183 9&5/8" 43.5# K-55 BUTT 1183 $ 66.67
TORQUE ON BOTTOM 200 - -
TORQUE OFF BOTTOM 100 - -
BIT RECORD Present Bit Previous Bit MUD PROPERTIES MUD MIXED TIME DISTRIBUTION
BIT NO 7 MW GEL RU/RD 144.5
SIZE 8 1/2 VIS SALTGEL DRLG 403.5
MFG Smith PV LIME REAM/WASH 17.5
TYPE F37(rr) YP CAUSTIC SURVEY 4.5
SER. NO EB3979 GELS SODA ASH TRIP 197.5
NOZZLES 22/22/22 pH BARITE RIG SERV 4
TFA WL HULLS CIRC & COND 73
OUT 4450 HP/HT magma fiber RUN CSG 22
IN 4107 FC xanthan gum WOC 81.5
FOOTAGE 343 CL bicarb NU BOP 36.5
HOURS 44 Ca CEMENT RIG REPAIR 1
FT/HR 8 Sand PacL LOG 9.5
hP/dia inch #DIV/0! Solids BenEx FISHING/STUCK 0
IMP FORCE #DIV/0! Oil % PolyPlus CMT 15.5
DC Anlr Vel 306 LCM Flo Trol TEST BOP 8
DP Anlr Vel 218 WELD HEAD 2
JET PITS 0
DRLG CMT 0.5
BIT # 7 DULL COND: CUT DRLG LINE 0
ICS OCS DC LOC B/S G ODR RP Day Mud $ $0 MISC 24 462.5
4 8 BT A F 0.25 BT TD Cum Mud $ $72,097 TOTAL (Daily/cum) 24 1483.5
TIME ACTIVITY RPM WOB ROP
START END HRS FROM TO complete (M lbs) (fph)
6:00 6.00 Shut down for darkness, wait on well to recover
6:00 7:00 1.00 swab from 4092', 1st run tagged fluid @ 4032', 7 runs, recovered 1.87bbl water 8.1-8.3
7:00 11:00 4.00 wait on well to recover, wash rig and buildings
11:00 12:00 1.00 Swab from 4092', 7 runs, recovered .48 bbl, all returns water
12:00 16:00 4.00 wait on well to recover, wash rig and buildings

16:00 17:00 1.00 Swab from 4092', 4 runs, no recovery


17:00 18:00 1.00 tidy site and equipment
18:00 0:00 6.00 Shut down for darkness, wait on well to recover

DAILY AVG #DIV/0!


SHOWS/FLARE REPORT BHA SURVEYS
Description Length DEPTH DEVIATION AZIMUTH
630' 1.75deg
1160' 6.5deg
LAST BOP TEST 4/15/2013 1257' 5.75deg
WASTE DISPOSAL SITE: 1783' .5deg
DAILY YDS SOLID - BBLS LIQUID 2401' .5deg
WELL CUM SOLID - 0 CUM LIQUID 0 3083 ft .5deg

TOTAL DRILLED GAS


GAS Units DC SIZE
Background Gas: 8.00
Connection Gas: 0
Trip Gas: 0 DP SIZE
Max Gas: 4

ACCIDENTS FUEL (gals)


Start 2294 1 SLOW PUMP RATES
Received PSI SPM
NONE End 2294 Pump #1
DDR 06/02
NONE
Consumed 0 Pump #2

DDR 06/02
DAILY DRILLING REPORT AFE DEPTH 4,500 AFE DAYS 33
AFE # : SOUTH CANAL BANK -1
LOCATION: Laguna Seca

WELL NAME: South Canal Bank -1 COUNTRY BELIZE STATE: Orangewalk DATE: 5/13/13 DAY: 80

DEPTH
OPERATIONS: Complete API#: 4450 PROGRESS:
(MD):

CONTRACTOR: MARANCO LTD Rig SUPV: Virgil Welch AFE $: Drlg $0 AFE $: Completed $4,571,295

TOTAL
PSI: SPM: DAILY COST: $43,840 CUM DRLG COST: $5,685,636
GPM:
DRILLING MECHANICS CASING STRINGS
PICK UP WEIGHT 83000 PLAN Actual TOL Size WT GRADE THRD LOT/FIT $/ft
SLACK OFF WEIGHT 80000 300' 161 13&3/8" 61# K-55 Weld 161 $ 66.78
ROTATING WEIGHT 77000 1200 1183 9&5/8" 43.5# K-55 BUTT 1183 $ 66.67
TORQUE ON BOTTOM 200 - -
TORQUE OFF BOTTOM 100 - -
BIT RECORD Present Bit Previous Bit MUD PROPERTIES MUD MIXED TIME DISTRIBUTION
BIT NO 7 MW GEL RU/RD 144.5
SIZE 8 1/2 VIS SALTGEL DRLG 403.5
MFG Smith PV LIME REAM/WASH 17.5
TYPE F37(rr) YP CAUSTIC SURVEY 4.5
SER. NO EB3979 GELS SODA ASH TRIP 197.5
NOZZLES 22/22/22 pH BARITE RIG SERV 4
TFA WL HULLS CIRC & COND 73
OUT 4450 HP/HT magma fiber RUN CSG 22
IN 4107 FC xanthan gum WOC 81.5
FOOTAGE 343 CL bicarb NU BOP 36.5
HOURS 44 Ca CEMENT RIG REPAIR 1
FT/HR 8 Sand PacL LOG 9.5
hP/dia inch #DIV/0! Solids BenEx FISHING/STUCK 0
IMP FORCE #DIV/0! Oil % PolyPlus CMT 15.5
DC Anlr Vel 306 LCM Flo Trol TEST BOP 8
DP Anlr Vel 218 WELD HEAD 2
JET PITS 0
DRLG CMT 0.5
BIT # 7 DULL COND: CUT DRLG LINE 0
ICS OCS DC LOC B/S G ODR RP Day Mud $ $0 MISC 24 486.5
4 8 BT A F 0.25 BT TD Cum Mud $ $72,097 TOTAL (Daily/cum) 24 1507.5
TIME ACTIVITY RPM WOB ROP
START END HRS FROM TO complete (M lbs) (fph)
6:00 6.00 Shut down for darkness, wait on well to recover
6:00 9:00 3.00 swab from 4092', 19 runs, first 6 runs all 8.5ppg water, rest oil and water 7.9ppg
9:00 13:00 4.00 wait on well to recover, crew clean up
13:00 14:30 1.50 swab from 4087, 4 runs, recovered .31bbl oil 7.3ppg 172 viscosity
14:30 17:00 2.50 wait on well to recover, crew clean up
17:00 18:00 1.00 swab from 4082, recovered a few cups of very viscous oil API 14@89F
18:00 0:00 6.00 Shut down for darkness, wait on well to recover

DAILY AVG #DIV/0!


SHOWS/FLARE REPORT BHA SURVEYS
Description Length DEPTH DEVIATION AZIMUTH
630' 1.75deg
1160' 6.5deg
LAST BOP TEST 4/15/2013 1257' 5.75deg
WASTE DISPOSAL SITE: 1783' .5deg
DAILY YDS SOLID - BBLS LIQUID 2401' .5deg
WELL CUM SOLID - 0 CUM LIQUID 0 3083 ft .5deg

TOTAL DRILLED GAS


GAS Units DC SIZE
Background Gas: 8.00
Connection Gas: 0
Trip Gas: 0 DP SIZE
Max Gas: 4

ACCIDENTS FUEL (gals)


Start 2294 1 SLOW PUMP RATES
Received PSI SPM
NONE End 2294 Pump #1
DDR 06/02
NONE
Consumed 0 Pump #2

DDR 06/02
DAILY DRILLING REPORT AFE DEPTH 4,500 AFE DAYS 33
AFE # : SOUTH CANAL BANK -1
LOCATION: Laguna Seca

WELL NAME: South Canal Bank -1 COUNTRY BELIZE STATE: Orangewalk DATE: 5/14/13 DAY: 81

DEPTH
OPERATIONS: Complete API#: 4450 PROGRESS:
(MD):

CONTRACTOR: MARANCO LTD Rig SUPV: Virgil Welch AFE $: Drlg $0 AFE $: Completed $4,571,295

TOTAL
PSI: SPM: DAILY COST: $43,840 CUM DRLG COST: $5,685,636
GPM:
DRILLING MECHANICS CASING STRINGS
PICK UP WEIGHT 83000 PLAN Actual TOL Size WT GRADE THRD LOT/FIT $/ft
SLACK OFF WEIGHT 80000 300' 161 13&3/8" 61# K-55 Weld 161 $ 66.78
ROTATING WEIGHT 77000 1200 1183 9&5/8" 43.5# K-55 BUTT 1183 $ 66.67
TORQUE ON BOTTOM 200 - -
TORQUE OFF BOTTOM 100 - -
BIT RECORD Present Bit Previous Bit MUD PROPERTIES MUD MIXED TIME DISTRIBUTION
BIT NO 7 MW GEL RU/RD 144.5
SIZE 8 1/2 VIS SALTGEL DRLG 403.5
MFG Smith PV LIME REAM/WASH 17.5
TYPE F37(rr) YP CAUSTIC SURVEY 4.5
SER. NO EB3979 GELS SODA ASH TRIP 197.5
NOZZLES 22/22/22 pH BARITE RIG SERV 4
TFA WL HULLS CIRC & COND 73
OUT 4450 HP/HT magma fiber RUN CSG 22
IN 4107 FC xanthan gum WOC 81.5
FOOTAGE 343 CL bicarb NU BOP 36.5
HOURS 44 Ca CEMENT RIG REPAIR 1
FT/HR 8 Sand PacL LOG 9.5
hP/dia inch #DIV/0! Solids BenEx FISHING/STUCK 0
IMP FORCE #DIV/0! Oil % PolyPlus CMT 15.5
DC Anlr Vel 306 LCM Flo Trol TEST BOP 8
DP Anlr Vel 218 WELD HEAD 2
JET PITS 0
DRLG CMT 0.5
BIT # 7 DULL COND: CUT DRLG LINE 0
ICS OCS DC LOC B/S G ODR RP Day Mud $ $0 MISC 24 510.5
4 8 BT A F 0.25 BT TD Cum Mud $ $72,097 TOTAL (Daily/cum) 24 1531.5
TIME ACTIVITY RPM WOB ROP
START END HRS FROM TO complete (M lbs) (fph)
6:00 6.00 Shut down for darkness, wait on well to recover
6:00 7:30 1.50 swab from 4092', 9 runs, recovered 2.82 bbls, all water 8.3ppg
7:30 11:30 4.00 Wait on well to recover, crew wash and clean rig
11:30 12:30 1.00 swab from 4092', 1st run recovered slushy oil & water, 6.8ppg, rest of the runs water 8.3ppg
with a 7ph and a 26 visc
12:30 16:30 4.00 Wait on well to recover, crew wash and clean rig
16:30 18:00 1.50 swab from 4092', 5 runs, all water 8.3ppg, 7ph, 26visc, 1.57 bbls total for day=4.39 bbl
18:00 0:00 6.00 Shut down for darkness, wait on well to recover

DAILY AVG #DIV/0!


SHOWS/FLARE REPORT BHA SURVEYS
Description Length DEPTH DEVIATION AZIMUTH
630' 1.75deg
1160' 6.5deg
LAST BOP TEST 4/15/2013 1257' 5.75deg
WASTE DISPOSAL SITE: 1783' .5deg
DAILY YDS SOLID - BBLS LIQUID 2401' .5deg
WELL CUM SOLID - 0 CUM LIQUID 0 3083 ft .5deg

TOTAL DRILLED GAS


GAS Units DC SIZE
Background Gas: 8.00
Connection Gas: 0
Trip Gas: 0 DP SIZE
Max Gas: 4

ACCIDENTS FUEL (gals)


Start 2294 1 SLOW PUMP RATES
Received PSI SPM
NONE End 2229 Pump #1
DDR 06/02
NONE
Consumed 65 Pump #2

DDR 06/02
DAILY DRILLING REPORT AFE DEPTH 4,500 AFE DAYS 33
AFE # : SOUTH CANAL BANK -1
LOCATION: Laguna Seca

WELL NAME: South Canal Bank -1 COUNTRY BELIZE STATE: Orangewalk DATE: 5/15/13 DAY: 82

DEPTH
OPERATIONS: Complete API#: 4450 PROGRESS:
(MD):

CONTRACTOR: MARANCO LTD Rig SUPV: Virgil Welch AFE $: Drlg $0 AFE $: Completed $4,571,295

TOTAL
PSI: SPM: DAILY COST: $43,630 CUM DRLG COST: $5,685,636
GPM:
DRILLING MECHANICS CASING STRINGS
PICK UP WEIGHT 83000 PLAN Actual TOL Size WT GRADE THRD LOT/FIT $/ft
SLACK OFF WEIGHT 80000 300' 161 13&3/8" 61# K-55 Weld 161 $ 66.78
ROTATING WEIGHT 77000 1200 1183 9&5/8" 43.5# K-55 BUTT 1183 $ 66.67
TORQUE ON BOTTOM 200 - -
TORQUE OFF BOTTOM 100 - -
BIT RECORD Present Bit Previous Bit MUD PROPERTIES MUD MIXED TIME DISTRIBUTION
BIT NO 7 MW GEL RU/RD 144.5
SIZE 8 1/2 VIS SALTGEL DRLG 403.5
MFG Smith PV LIME REAM/WASH 17.5
TYPE F37(rr) YP CAUSTIC SURVEY 4.5
SER. NO EB3979 GELS SODA ASH TRIP 197.5
NOZZLES 22/22/22 pH BARITE RIG SERV 4
TFA WL HULLS CIRC & COND 73
OUT 4450 HP/HT magma fiber RUN CSG 22
IN 4107 FC xanthan gum WOC 81.5
FOOTAGE 343 CL bicarb NU BOP 36.5
HOURS 44 Ca CEMENT RIG REPAIR 1
FT/HR 8 Sand PacL LOG 9.5
hP/dia inch #DIV/0! Solids BenEx FISHING/STUCK 0
IMP FORCE #DIV/0! Oil % PolyPlus CMT 15.5
DC Anlr Vel 306 LCM Flo Trol TEST BOP 8
DP Anlr Vel 218 WELD HEAD 2
JET PITS 0
DRLG CMT 0.5
BIT # 7 DULL COND: CUT DRLG LINE 0
ICS OCS DC LOC B/S G ODR RP Day Mud $ $0 MISC 24 534.5
4 8 BT A F 0.25 BT TD Cum Mud $ $72,097 TOTAL (Daily/cum) 24 1555.5
TIME ACTIVITY RPM WOB ROP
START END HRS FROM TO complete (M lbs) (fph)
6:00 6.00 Shut down for darkness, wait on well to recover
6:00 7:30 1.50 swab from 4092', 8 runs, recovered 2.3 bbls, all water 8.3ppg
7:30 11:00 3.50 wait on well to recover, crew continue with rig duties, service camp, tidy site
11:00 12:00 1.00 swab from 4092', 1st run no returns, 2nd run got oil and water
12:00 16:30 4.50 wait on well to recover, crew continue with rig duties, service camp, tidy site
16:30 17:30 1.00 swab from 4092', 4 runs, recovered .40bbl, all water 8.3ppg, 27 visc
17;30 0:00 6.50 Shut down for darkness, wait on well to recover

DAILY AVG #DIV/0!


SHOWS/FLARE REPORT BHA SURVEYS
Description Length DEPTH DEVIATION AZIMUTH
630' 1.75deg
1160' 6.5deg
LAST BOP TEST 4/15/2013 1257' 5.75deg
WASTE DISPOSAL SITE: 1783' .5deg
DAILY YDS SOLID - BBLS LIQUID 2401' .5deg
WELL CUM SOLID - 0 CUM LIQUID 0 3083 ft .5deg

TOTAL DRILLED GAS


GAS Units DC SIZE
Background Gas: 8.00
Connection Gas: 0
Trip Gas: 0 DP SIZE
Max Gas: 4

ACCIDENTS FUEL (gals)


Start 2229 1 SLOW PUMP RATES
Received PSI SPM
NONE End 1911 Pump #1
DDR 06/02
NONE
Consumed 318 Pump #2

DDR 06/02
DAILY DRILLING REPORT AFE DEPTH 4,500 AFE DAYS 33
AFE # : SOUTH CANAL BANK -1
LOCATION: Laguna Seca

WELL NAME: South Canal Bank -1 COUNTRY BELIZE STATE: Orangewalk DATE: 5/16/13 DAY: 83

DEPTH
OPERATIONS: Complete API#: 4450 PROGRESS:
(MD):

CONTRACTOR: MARANCO LTD Rig SUPV: Virgil Welch AFE $: Drlg $0 AFE $: Completed $4,571,295

TOTAL
PSI: SPM: DAILY COST: $43,840 CUM DRLG COST: $5,685,636
GPM:
DRILLING MECHANICS CASING STRINGS
PICK UP WEIGHT 83000 PLAN Actual TOL Size WT GRADE THRD LOT/FIT $/ft
SLACK OFF WEIGHT 80000 300' 161 13&3/8" 61# K-55 Weld 161 $ 66.78
ROTATING WEIGHT 77000 1200 1183 9&5/8" 43.5# K-55 BUTT 1183 $ 66.67
TORQUE ON BOTTOM 200 - -
TORQUE OFF BOTTOM 100 - -
BIT RECORD Present Bit Previous Bit MUD PROPERTIES MUD MIXED TIME DISTRIBUTION
BIT NO 7 MW GEL RU/RD 144.5
SIZE 8 1/2 VIS SALTGEL DRLG 403.5
MFG Smith PV LIME REAM/WASH 17.5
TYPE F37(rr) YP CAUSTIC SURVEY 4.5
SER. NO EB3979 GELS SODA ASH TRIP 197.5
NOZZLES 22/22/22 pH BARITE RIG SERV 4
TFA WL HULLS CIRC & COND 73
OUT 4450 HP/HT magma fiber RUN CSG 22
IN 4107 FC xanthan gum WOC 81.5
FOOTAGE 343 CL bicarb NU BOP 36.5
HOURS 44 Ca CEMENT RIG REPAIR 1
FT/HR 8 Sand PacL LOG 9.5
hP/dia inch #DIV/0! Solids BenEx FISHING/STUCK 0
IMP FORCE #DIV/0! Oil % PolyPlus CMT 15.5
DC Anlr Vel 306 LCM Flo Trol TEST BOP 8
DP Anlr Vel 218 WELD HEAD 2
JET PITS 0
DRLG CMT 0.5
BIT # 7 DULL COND: CUT DRLG LINE 0
ICS OCS DC LOC B/S G ODR RP Day Mud $ $0 MISC 24 558.5
4 8 BT A F 0.25 BT TD Cum Mud $ $72,097 TOTAL (Daily/cum) 24 1579.5
TIME ACTIVITY RPM WOB ROP
START END HRS FROM TO complete (M lbs) (fph)
6:00 6.00 Shut down for darkness, wait on well to recover
6:00 9;30 3.50 swab from 4092', 19runs, 7 runs water, rest runs water and oil, very viscuous oil on last
few runs, visc 11min 39sec, 7.6ppg, 5bbls recovered
9:30 13:00 3.50 wait on well to recover, wash rig, mud tanks and water tank
13:00 14:30 1.50 swab from 4092', 5 runs, recovered 6gal of oil, 17API gravity@91F, 7.9ppg, visc 3min
14:30 17:00 2.50 wait on well to recover, wash rig, mud tanks and water tank
17:00 18:00 1.00 swab from 4092', recovered a few cups of oil, 8.1ppg viscous oil
18:00 0:00 6.00 Shut down for darkness, wait on well to recover

DAILY AVG #DIV/0!


SHOWS/FLARE REPORT BHA SURVEYS
Description Length DEPTH DEVIATION AZIMUTH
630' 1.75deg
1160' 6.5deg
LAST BOP TEST 4/15/2013 1257' 5.75deg
WASTE DISPOSAL SITE: 1783' .5deg
DAILY YDS SOLID - BBLS LIQUID 2401' .5deg
WELL CUM SOLID - 0 CUM LIQUID 0 3083 ft .5deg

TOTAL DRILLED GAS


GAS Units DC SIZE
Background Gas: 8.00
Connection Gas: 0
Trip Gas: 0 DP SIZE
Max Gas: 4

ACCIDENTS FUEL (gals)


Start 1911 1 SLOW PUMP RATES
Received PSI SPM
NONE End 1851 Pump #1
DDR 06/02
NONE
Consumed 60 Pump #2

DDR 06/02
DAILY DRILLING REPORT AFE DEPTH 4,500 AFE DAYS 33
AFE # : SOUTH CANAL BANK -1
LOCATION: Laguna Seca

WELL NAME: South Canal Bank -1 COUNTRY BELIZE STATE: Orangewalk DATE: 5/17/13 DAY: 84

DEPTH
OPERATIONS: Complete API#: 4450 PROGRESS:
(MD):

CONTRACTOR: MARANCO LTD Rig SUPV: Virgil Welch AFE $: Drlg $0 AFE $: Completed $4,571,295

TOTAL
PSI: SPM: DAILY COST: $43,630 CUM DRLG COST: $5,685,636
GPM:
DRILLING MECHANICS CASING STRINGS
PICK UP WEIGHT 83000 PLAN Actual TOL Size WT GRADE THRD LOT/FIT $/ft
SLACK OFF WEIGHT 80000 300' 161 13&3/8" 61# K-55 Weld 161 $ 66.78
ROTATING WEIGHT 77000 1200 1183 9&5/8" 43.5# K-55 BUTT 1183 $ 66.67
TORQUE ON BOTTOM 200 - -
TORQUE OFF BOTTOM 100 - -
BIT RECORD Present Bit Previous Bit MUD PROPERTIES MUD MIXED TIME DISTRIBUTION
BIT NO 7 MW GEL RU/RD 144.5
SIZE 8 1/2 VIS SALTGEL DRLG 403.5
MFG Smith PV LIME REAM/WASH 17.5
TYPE F37(rr) YP CAUSTIC SURVEY 4.5
SER. NO EB3979 GELS SODA ASH TRIP 197.5
NOZZLES 22/22/22 pH BARITE RIG SERV 4
TFA WL HULLS CIRC & COND 73
OUT 4450 HP/HT magma fiber RUN CSG 22
IN 4107 FC xanthan gum WOC 81.5
FOOTAGE 343 CL bicarb NU BOP 36.5
HOURS 44 Ca CEMENT RIG REPAIR 1
FT/HR 8 Sand PacL LOG 9.5
hP/dia inch #DIV/0! Solids BenEx FISHING/STUCK 0
IMP FORCE #DIV/0! Oil % PolyPlus CMT 15.5
DC Anlr Vel 306 LCM Flo Trol TEST BOP 8
DP Anlr Vel 218 WELD HEAD 2
JET PITS 0
DRLG CMT 0.5
BIT # 7 DULL COND: CUT DRLG LINE 0
ICS OCS DC LOC B/S G ODR RP Day Mud $ $0 MISC 24 582.5
4 8 BT A F 0.25 BT TD Cum Mud $ $72,097 TOTAL (Daily/cum) 24 1603.5
TIME ACTIVITY RPM WOB ROP
START END HRS FROM TO complete (M lbs) (fph)
6:00 6.00 Shut down for darkness, wait on well to recover
6:00 7:30 1.50 swab from 4092', 8.3ppg water w/oil stn on first couple runs, rest runs water, recovered1.57bb
7:30 11:00 3.50 wait on well to recover, general rig duties
11:00 12:00 1.00 swab from 4092', 8 runs all water, 8.4ppg, 2 runs nr, recovered 3.44 bbls
12:00 17:00 5.00 wait on well to recover, general rig duties, transfer swabbed oil to browser, clean cabins
17:00 18:00 1.00 swab from 4092', first run was 8.1ppg mostly oil, 2 runs was 7.1ppg oil, visc 7min, 2 runs
no returns

DAILY AVG #DIV/0!


SHOWS/FLARE REPORT BHA SURVEYS
Description Length DEPTH DEVIATION AZIMUTH
630' 1.75deg
1160' 6.5deg
LAST BOP TEST 4/15/2013 1257' 5.75deg
WASTE DISPOSAL SITE: 1783' .5deg
DAILY YDS SOLID - BBLS LIQUID 2401' .5deg
WELL CUM SOLID - 0 CUM LIQUID 0 3083 ft .5deg

TOTAL DRILLED GAS


GAS Units DC SIZE
Background Gas: 8.00
Connection Gas: 0
Trip Gas: 0 DP SIZE
Max Gas: 4

ACCIDENTS FUEL (gals)


Start 1851 1 SLOW PUMP RATES
Received PSI SPM
NONE End 1851 Pump #1
DDR 06/02
NONE
Consumed 0 Pump #2

DDR 06/02
DAILY DRILLING REPORT AFE DEPTH 4,500 AFE DAYS 33
AFE # : SOUTH CANAL BANK -1
LOCATION: Laguna Seca

WELL NAME: South Canal Bank -1 COUNTRY BELIZE STATE: Orangewalk DATE: 5/18/13 DAY: 85

DEPTH
OPERATIONS: Complete API#: 4450 PROGRESS:
(MD):

CONTRACTOR: MARANCO LTD Rig SUPV: Virgil Welch AFE $: Drlg $0 AFE $: Completed $4,571,295

TOTAL
PSI: SPM: DAILY COST: $43,630 CUM DRLG COST: $5,685,636
GPM:
DRILLING MECHANICS CASING STRINGS
PICK UP WEIGHT 83000 PLAN Actual TOL Size WT GRADE THRD LOT/FIT $/ft
SLACK OFF WEIGHT 80000 300' 161 13&3/8" 61# K-55 Weld 161 $ 66.78
ROTATING WEIGHT 77000 1200 1183 9&5/8" 43.5# K-55 BUTT 1183 $ 66.67
TORQUE ON BOTTOM 200 - -
TORQUE OFF BOTTOM 100 - -
BIT RECORD Present Bit Previous Bit MUD PROPERTIES MUD MIXED TIME DISTRIBUTION
BIT NO 7 MW GEL RU/RD 144.5
SIZE 8 1/2 VIS SALTGEL DRLG 403.5
MFG Smith PV LIME REAM/WASH 17.5
TYPE F37(rr) YP CAUSTIC SURVEY 4.5
SER. NO EB3979 GELS SODA ASH TRIP 197.5
NOZZLES 22/22/22 pH BARITE RIG SERV 4
TFA WL HULLS CIRC & COND 73
OUT 4450 HP/HT magma fiber RUN CSG 22
IN 4107 FC xanthan gum WOC 81.5
FOOTAGE 343 CL bicarb NU BOP 36.5
HOURS 44 Ca CEMENT RIG REPAIR 1
FT/HR 8 Sand PacL LOG 9.5
hP/dia inch #DIV/0! Solids BenEx FISHING/STUCK 0
IMP FORCE #DIV/0! Oil % PolyPlus CMT 15.5
DC Anlr Vel 306 LCM Flo Trol TEST BOP 8
DP Anlr Vel 218 WELD HEAD 2
JET PITS 0
DRLG CMT 0.5
BIT # 7 DULL COND: CUT DRLG LINE 0
ICS OCS DC LOC B/S G ODR RP Day Mud $ $0 MISC 24 606.5
4 8 BT A F 0.25 BT TD Cum Mud $ $72,097 TOTAL (Daily/cum) 24 1627.5
TIME ACTIVITY RPM WOB ROP
START END HRS FROM TO complete (M lbs) (fph)
6:00 6.00 Shut down for darkness, wait on well to recover
6:00 7:30 1.50 swab from 4092', 1st run w/ oil stns, 8 runs recovered 2.74bbl, 8.4ppg, all water
7:30 11:00 3.50 wait on well to recover, clean rig and equipment
11:00 12:00 1.00 swab from 4092', recovered .31bbl oil and water on second run, rest runs no returns
8.3ppg, 27visc, API12
12:00 16:00 4.00 wait on well to recover, clean rig and equipment
16:00 17:00 1.00 swab from 4092', all returns water, 8.3ppg, 27visc, 7ph
17:00 18:00 1.00 tidy site and equipment
18:00 0:00 6.00 Shut down for darkness, wait on well to recover

DAILY AVG #DIV/0!


SHOWS/FLARE REPORT BHA SURVEYS
Description Length DEPTH DEVIATION AZIMUTH
630' 1.75deg
1160' 6.5deg
LAST BOP TEST 4/15/2013 1257' 5.75deg
WASTE DISPOSAL SITE: 1783' .5deg
DAILY YDS SOLID - BBLS LIQUID 2401' .5deg
WELL CUM SOLID - 0 CUM LIQUID 0 3083 ft .5deg

TOTAL DRILLED GAS


GAS Units DC SIZE
Background Gas: 8.00
Connection Gas: 0
Trip Gas: 0 DP SIZE
Max Gas: 4

ACCIDENTS FUEL (gals)


Start 1851 1 SLOW PUMP RATES
Received PSI SPM
NONE End 1793 Pump #1
DDR 06/02
NONE
Consumed 58 Pump #2

DDR 06/02
DAILY DRILLING REPORT AFE DEPTH 4,500 AFE DAYS 33
AFE # : SOUTH CANAL BANK -1
LOCATION: Laguna Seca

WELL NAME: South Canal Bank -1 COUNTRY BELIZE STATE: Orangewalk DATE: 5/19/13 DAY: 86

DEPTH
OPERATIONS: Complete API#: 4450 PROGRESS:
(MD):

CONTRACTOR: MARANCO LTD Rig SUPV: Virgil Welch AFE $: Drlg $0 AFE $: Completed $4,571,295

TOTAL
PSI: SPM: DAILY COST: $43,630 CUM DRLG COST: $5,685,636
GPM:
DRILLING MECHANICS CASING STRINGS
PICK UP WEIGHT 83000 PLAN Actual TOL Size WT GRADE THRD LOT/FIT $/ft
SLACK OFF WEIGHT 80000 300' 161 13&3/8" 61# K-55 Weld 161 $ 66.78
ROTATING WEIGHT 77000 1200 1183 9&5/8" 43.5# K-55 BUTT 1183 $ 66.67
TORQUE ON BOTTOM 200 - -
TORQUE OFF BOTTOM 100 - -
BIT RECORD Present Bit Previous Bit MUD PROPERTIES MUD MIXED TIME DISTRIBUTION
BIT NO 7 MW GEL RU/RD 144.5
SIZE 8 1/2 VIS SALTGEL DRLG 403.5
MFG Smith PV LIME REAM/WASH 17.5
TYPE F37(rr) YP CAUSTIC SURVEY 4.5
SER. NO EB3979 GELS SODA ASH TRIP 197.5
NOZZLES 22/22/22 pH BARITE RIG SERV 4
TFA WL HULLS CIRC & COND 73
OUT 4450 HP/HT magma fiber RUN CSG 22
IN 4107 FC xanthan gum WOC 81.5
FOOTAGE 343 CL bicarb NU BOP 36.5
HOURS 44 Ca CEMENT RIG REPAIR 1
FT/HR 8 Sand PacL LOG 9.5
hP/dia inch #DIV/0! Solids BenEx FISHING/STUCK 0
IMP FORCE #DIV/0! Oil % PolyPlus CMT 15.5
DC Anlr Vel 306 LCM Flo Trol TEST BOP 8
DP Anlr Vel 218 WELD HEAD 2
JET PITS 0
DRLG CMT 0.5
BIT # 7 DULL COND: CUT DRLG LINE 0
ICS OCS DC LOC B/S G ODR RP Day Mud $ $0 MISC 24 630.5
4 8 BT A F 0.25 BT TD Cum Mud $ $72,097 TOTAL (Daily/cum) 24 1651.5
TIME ACTIVITY RPM WOB ROP
START END HRS FROM TO complete (M lbs) (fph)
6:00 6.00 Shut down for darkness, wait on well to recover
6:00 7:30 1.50 swab from 4092', 10 runs, 1st run had oil stains, rest of runs water, recovered 2.19bbls
7:30 12:30 5.00 wait on well to recover, clean rig and equipment
12:30 13:30 1.00 swab from 4092', 5 runs, recovered 1.09bbls mostly oil, 7.5ppg, 7min5sec visc,
13:30 16:30 3.00 wait on well to recover, clean rig and equipment
16:30 17;30 1.00 swab from 4092', 4 runs, 1st run recovered .07bbls viscous oil, 8.1ppg, 8min20sec visc
17:30 0:00 6.50 Shut down for darkness, wait on well to recover

DAILY AVG #DIV/0!


SHOWS/FLARE REPORT BHA SURVEYS
Description Length DEPTH DEVIATION AZIMUTH
630' 1.75deg
1160' 6.5deg
LAST BOP TEST 4/15/2013 1257' 5.75deg
WASTE DISPOSAL SITE: 1783' .5deg
DAILY YDS SOLID - BBLS LIQUID 2401' .5deg
WELL CUM SOLID - 0 CUM LIQUID 0 3083 ft .5deg

TOTAL DRILLED GAS


GAS Units DC SIZE
Background Gas: 8.00
Connection Gas: 0
Trip Gas: 0 DP SIZE
Max Gas: 4

ACCIDENTS FUEL (gals)


Start 1793 1 SLOW PUMP RATES
Received PSI SPM
NONE End 1793 Pump #1
DDR 06/02
NONE
Consumed 0 Pump #2

DDR 06/02
DAILY DRILLING REPORT AFE DEPTH 4,500 AFE DAYS 33
AFE # : SOUTH CANAL BANK -1
LOCATION: Laguna Seca

WELL NAME: South Canal Bank -1 COUNTRY BELIZE STATE: Orangewalk DATE: 5/20/13 DAY: 87

DEPTH
OPERATIONS: Complete API#: 4450 PROGRESS:
(MD):

CONTRACTOR: MARANCO LTD Rig SUPV: Virgil Welch AFE $: Drlg $0 AFE $: Completed $4,571,295

TOTAL
PSI: SPM: DAILY COST: $76,410 CUM DRLG COST: $5,685,636
GPM:
DRILLING MECHANICS CASING STRINGS
PICK UP WEIGHT 83000 PLAN Actual TOL Size WT GRADE THRD LOT/FIT $/ft
SLACK OFF WEIGHT 80000 300' 161 13&3/8" 61# K-55 Weld 161 $ 66.78
ROTATING WEIGHT 77000 1200 1183 9&5/8" 43.5# K-55 BUTT 1183 $ 66.67
TORQUE ON BOTTOM 200 - -
TORQUE OFF BOTTOM 100 - -
BIT RECORD Present Bit Previous Bit MUD PROPERTIES MUD MIXED TIME DISTRIBUTION
BIT NO 7 MW GEL RU/RD 144.5
SIZE 8 1/2 VIS SALTGEL DRLG 403.5
MFG Smith PV LIME REAM/WASH 17.5
TYPE F37(rr) YP CAUSTIC SURVEY 4.5
SER. NO EB3979 GELS SODA ASH TRIP 197.5
NOZZLES 22/22/22 pH BARITE RIG SERV 4
TFA WL HULLS CIRC & COND 73
OUT 4450 HP/HT magma fiber RUN CSG 22
IN 4107 FC xanthan gum WOC 81.5
FOOTAGE 343 CL bicarb NU BOP 36.5
HOURS 44 Ca CEMENT RIG REPAIR 1
FT/HR 8 Sand PacL LOG 9.5
hP/dia inch #DIV/0! Solids BenEx FISHING/STUCK 0
IMP FORCE #DIV/0! Oil % PolyPlus CMT 15.5
DC Anlr Vel 306 LCM Flo Trol TEST BOP 8
DP Anlr Vel 218 WELD HEAD 2
JET PITS 0
DRLG CMT 0.5
BIT # 7 DULL COND: CUT DRLG LINE 0
ICS OCS DC LOC B/S G ODR RP Day Mud $ $950 MISC 24 654.5
4 8 BT A F 0.25 BT TD Cum Mud $ $72,097 TOTAL (Daily/cum) 24 1675.5
TIME ACTIVITY RPM WOB ROP
START END HRS FROM TO complete (M lbs) (fph)
7:00 7.00 Shut down for darkness, wait on well to recover
7:00 7:30 0.50 Rig down swabbing gear
7:30 10:00 2.50 POH from 4092 and lay down tailpipe
10:00 12:00 2.00 pick up and make up packer, RIH to 183', packer inflating due to empty annulus, fill hole, unset
packer
12:00 13:00 1.00 POH from 183' slowly, re-rachet packer while filling well
13:00 14:00 1.00 fill well, well full, flow check 10 min, OK
14:00 19:00 5.00 RIH with packer to 4074', tail pipe at 4088', fill every 5 stands with Xylene (14X55gal drums)
19:00 19:30 0.50 fill tubing with 8.1 bbls of diesel to surface
19:30 20:30 1.00 rig up surface lines and pressure test to 2000psi, OK
20:30 22:00 1.50 set packer as per procedure, pull 5K upwards on packer, burst ball seat @ 2100psi
22:30 23:00 0.50 inject 14bbls Xylene into formation using 8bbls of diesel, 2bbls high visc sweep, 4bbls brine,
shut in at 1100psi, 14bbls pumped in 30min
23:00 0:00 1.00 monitor pressure, clean rig and equipment

DAILY AVG #DIV/0!


SHOWS/FLARE REPORT BHA SURVEYS
Description Length DEPTH DEVIATION AZIMUTH
630' 1.75deg
1160' 6.5deg
LAST BOP TEST 4/15/2013 1257' 5.75deg
WASTE DISPOSAL SITE: 1783' .5deg
DAILY YDS SOLID - BBLS LIQUID 2401' .5deg
WELL CUM SOLID - 0 CUM LIQUID 0 3083 ft .5deg

TOTAL DRILLED GAS


GAS Units DC SIZE
Background Gas: 8.00
Connection Gas: 0
Trip Gas: 0 DP SIZE
Max Gas: 4

ACCIDENTS FUEL (gals)


Start 1793 1 SLOW PUMP RATES
Received PSI SPM
NONE End 1793 Pump #1
DDR 06/02
NONE
Consumed 0 Pump #2

DDR 06/02
DAILY DRILLING REPORT AFE DEPTH 4,500 AFE DAYS 33
AFE # : SOUTH CANAL BANK -1
LOCATION: Laguna Seca

WELL NAME: South Canal Bank -1 COUNTRY BELIZE STATE: Orangewalk DATE: 5/21/13 DAY: 88

DEPTH
OPERATIONS: Complete API#: 4450 PROGRESS:
(MD):

CONTRACTOR: MARANCO LTD Rig SUPV: Virgil Welch AFE $: Drlg $0 AFE $: Completed $4,571,295

TOTAL
PSI: SPM: DAILY COST: $61,864 CUM DRLG COST: $5,685,636
GPM:
DRILLING MECHANICS CASING STRINGS
PICK UP WEIGHT 83000 PLAN Actual TOL Size WT GRADE THRD LOT/FIT $/ft
SLACK OFF WEIGHT 80000 300' 161 13&3/8" 61# K-55 Weld 161 $ 66.78
ROTATING WEIGHT 77000 1200 1183 9&5/8" 43.5# K-55 BUTT 1183 $ 66.67
TORQUE ON BOTTOM 200 - -
TORQUE OFF BOTTOM 100 - -
BIT RECORD Present Bit Previous Bit MUD PROPERTIES MUD MIXED TIME DISTRIBUTION
BIT NO 7 MW GEL RU/RD 144.5
SIZE 8 1/2 VIS SALTGEL DRLG 403.5
MFG Smith PV LIME REAM/WASH 17.5
TYPE F37(rr) YP CAUSTIC SURVEY 4.5
SER. NO EB3979 GELS SODA ASH TRIP 197.5
NOZZLES 22/22/22 pH BARITE RIG SERV 4
TFA WL HULLS CIRC & COND 73
OUT 4450 HP/HT magma fiber RUN CSG 22
IN 4107 FC xanthan gum WOC 81.5
FOOTAGE 343 CL bicarb NU BOP 36.5
HOURS 44 Ca CEMENT RIG REPAIR 1
FT/HR 8 Sand PacL LOG 9.5
hP/dia inch #DIV/0! Solids BenEx FISHING/STUCK 0
IMP FORCE #DIV/0! Oil % PolyPlus CMT 15.5
DC Anlr Vel 306 LCM Flo Trol TEST BOP 8
DP Anlr Vel 218 WELD HEAD 2
JET PITS 0
DRLG CMT 0.5
BIT # 7 DULL COND: CUT DRLG LINE 0
ICS OCS DC LOC B/S G ODR RP Day Mud $ $0 MISC 24 678.5
4 8 BT A F 0.25 BT TD Cum Mud $ $72,097 TOTAL (Daily/cum) 24 1699.5
TIME ACTIVITY RPM WOB ROP
START END HRS FROM TO complete (M lbs) (fph)
11:00 11.00 monitor well pressure, clean and maintain rig
11:00 11:30 0.50 inject 4bbls into formation
11:30 22:00 10.50 monitor well pressure, clean and maintain rig
22:00 23:00 1.00 inject 20 bbls into formation
23:00 0:00 1.00 monitor well pressure, clean and maintain rig

DAILY AVG #DIV/0!


SHOWS/FLARE REPORT BHA SURVEYS
Description Length DEPTH DEVIATION AZIMUTH
630' 1.75deg
1160' 6.5deg
LAST BOP TEST 4/15/2013 1257' 5.75deg
WASTE DISPOSAL SITE: 1783' .5deg
DAILY YDS SOLID - BBLS LIQUID 2401' .5deg
WELL CUM SOLID - 0 CUM LIQUID 0 3083 ft .5deg

TOTAL DRILLED GAS


GAS Units DC SIZE
Background Gas: 8.00
Connection Gas: 0
Trip Gas: 0 DP SIZE
Max Gas: 4

ACCIDENTS FUEL (gals)


Start 1793 1 SLOW PUMP RATES
Received PSI SPM
NONE End 606 Pump #1
DDR 06/02
NONE
Consumed 1187 Pump #2

DDR 06/02
DAILY DRILLING REPORT AFE DEPTH 4,500 AFE DAYS 33
AFE # : SOUTH CANAL BANK -1
LOCATION: Laguna Seca

WELL NAME: South Canal Bank -1 COUNTRY BELIZE STATE: Orangewalk DATE: 5/22/13 DAY: 89

DEPTH
OPERATIONS: Complete API#: 4450 PROGRESS:
(MD):

CONTRACTOR: MARANCO LTD Rig SUPV: Virgil Welch AFE $: Drlg $0 AFE $: Completed $4,571,295

TOTAL
PSI: SPM: DAILY COST: $58,315 CUM DRLG COST: $5,685,636
GPM:
DRILLING MECHANICS CASING STRINGS
PICK UP WEIGHT 83000 PLAN Actual TOL Size WT GRADE THRD LOT/FIT $/ft
SLACK OFF WEIGHT 80000 300' 161 13&3/8" 61# K-55 Weld 161 $ 66.78
ROTATING WEIGHT 77000 1200 1183 9&5/8" 43.5# K-55 BUTT 1183 $ 66.67
TORQUE ON BOTTOM 200 - -
TORQUE OFF BOTTOM 100 - -
BIT RECORD Present Bit Previous Bit MUD PROPERTIES MUD MIXED TIME DISTRIBUTION
BIT NO 7 MW GEL RU/RD 144.5
SIZE 8 1/2 VIS SALTGEL DRLG 403.5
MFG Smith PV LIME REAM/WASH 17.5
TYPE F37(rr) YP CAUSTIC SURVEY 4.5
SER. NO EB3979 GELS SODA ASH TRIP 197.5
NOZZLES 22/22/22 pH BARITE RIG SERV 4
TFA WL HULLS CIRC & COND 73
OUT 4450 HP/HT magma fiber RUN CSG 22
IN 4107 FC xanthan gum WOC 81.5
FOOTAGE 343 CL bicarb NU BOP 36.5
HOURS 44 Ca CEMENT RIG REPAIR 1
FT/HR 8 Sand PacL LOG 9.5
hP/dia inch #DIV/0! Solids BenEx FISHING/STUCK 0
IMP FORCE #DIV/0! Oil % PolyPlus CMT 15.5
DC Anlr Vel 306 LCM Flo Trol TEST BOP 8
DP Anlr Vel 218 WELD HEAD 2
JET PITS 0
DRLG CMT 0.5
BIT # 7 DULL COND: CUT DRLG LINE 0
ICS OCS DC LOC B/S G ODR RP Day Mud $ $0 MISC 24 702.5
4 8 BT A F 0.25 BT TD Cum Mud $ $72,097 TOTAL (Daily/cum) 24 1723.5
TIME ACTIVITY RPM WOB ROP
START END HRS FROM TO complete (M lbs) (fph)
7:00 7.00 shut down for darkness
7:00 19:00 12.00 Monitor well pressure (disconnect all suction lines, popoff & discharge lines on #2, open
module on both pumps, greese valve springs and seats, reassemble, remove drive belts
from pumps to engines, strip down and repair turbo on cement unit
drain all salt water from cement unit and flush with fresh water, pressure wash and polish
desander and desilter, continue to monitor well
19:00 0:00 5.00 shut down for darkness

DAILY AVG #DIV/0!


SHOWS/FLARE REPORT BHA SURVEYS
Description Length DEPTH DEVIATION AZIMUTH
630' 1.75deg
1160' 6.5deg
LAST BOP TEST 4/15/2013 1257' 5.75deg
WASTE DISPOSAL SITE: 1783' .5deg
DAILY YDS SOLID - BBLS LIQUID 2401' .5deg
WELL CUM SOLID - 0 CUM LIQUID 0 3083 ft .5deg

TOTAL DRILLED GAS


GAS Units DC SIZE
Background Gas: 8.00
Connection Gas: 0
Trip Gas: 0 DP SIZE
Max Gas: 4

ACCIDENTS FUEL (gals)


Start 606 1 SLOW PUMP RATES
Received 2850 PSI SPM
NONE End 3266 Pump #1
DDR 06/02
NONE
Consumed 190 Pump #2

DDR 06/02
DAILY DRILLING REPORT AFE DEPTH 4,500 AFE DAYS 33
AFE # : SOUTH CANAL BANK -1
LOCATION: Laguna Seca

WELL NAME: South Canal Bank -1 COUNTRY BELIZE STATE: Orangewalk DATE: 5/23/13 DAY: 90

DEPTH
OPERATIONS: Complete API#: 4450 PROGRESS:
(MD):

CONTRACTOR: MARANCO LTD Rig SUPV: Virgil Welch AFE $: Drlg $0 AFE $: Completed $4,571,295

TOTAL
PSI: SPM: DAILY COST: $60,860 CUM DRLG COST: $5,685,636
GPM:
DRILLING MECHANICS CASING STRINGS
PICK UP WEIGHT 83000 PLAN Actual TOL Size WT GRADE THRD LOT/FIT $/ft
SLACK OFF WEIGHT 80000 300' 161 13&3/8" 61# K-55 Weld 161 $ 66.78
ROTATING WEIGHT 77000 1200 1183 9&5/8" 43.5# K-55 BUTT 1183 $ 66.67
TORQUE ON BOTTOM 200 - -
TORQUE OFF BOTTOM 100 - -
BIT RECORD Present Bit Previous Bit MUD PROPERTIES MUD MIXED TIME DISTRIBUTION
BIT NO 7 MW GEL RU/RD 144.5
SIZE 8 1/2 VIS SALTGEL DRLG 403.5
MFG Smith PV LIME REAM/WASH 17.5
TYPE F37(rr) YP CAUSTIC SURVEY 4.5
SER. NO EB3979 GELS SODA ASH TRIP 197.5
NOZZLES 22/22/22 pH BARITE RIG SERV 4
TFA WL HULLS CIRC & COND 73
OUT 4450 HP/HT magma fiber RUN CSG 22
IN 4107 FC xanthan gum WOC 81.5
FOOTAGE 343 CL bicarb NU BOP 36.5
HOURS 44 Ca CEMENT RIG REPAIR 1
FT/HR 8 Sand PacL LOG 9.5
hP/dia inch #DIV/0! Solids BenEx FISHING/STUCK 0
IMP FORCE #DIV/0! Oil % PolyPlus CMT 15.5
DC Anlr Vel 306 LCM Flo Trol TEST BOP 8
DP Anlr Vel 218 WELD HEAD 2
JET PITS 0
DRLG CMT 0.5
BIT # 7 DULL COND: CUT DRLG LINE 0
ICS OCS DC LOC B/S G ODR RP Day Mud $ $0 MISC 24 726.5
4 8 BT A F 0.25 BT TD Cum Mud $ $72,097 TOTAL (Daily/cum) 24 1747.5
TIME ACTIVITY RPM WOB ROP
START END HRS FROM TO complete (M lbs) (fph)
7:00 7.00 shut down for darkness
7:00 19:00 12.00 Monitor well pressure and fluid level---Kenworth went to Blue Creek to pick up chemicals
wash derrick from crown to monkey board, clean up yard, jet wash top of mud tanks
cont washing mast, chemicals arrived @ Quam Hill, unload and cover same
received 300sx magma fiber, 32 sx caustic, 61 sx bentonite
19:00 0:00 5.00 shut down for darkness

DAILY AVG #DIV/0!


SHOWS/FLARE REPORT BHA SURVEYS
Description Length DEPTH DEVIATION AZIMUTH
630' 1.75deg
1160' 6.5deg
LAST BOP TEST 4/15/2013 1257' 5.75deg
WASTE DISPOSAL SITE: 1783' .5deg
DAILY YDS SOLID - BBLS LIQUID 2401' .5deg
WELL CUM SOLID - 0 CUM LIQUID 0 3083 ft .5deg

TOTAL DRILLED GAS


GAS Units DC SIZE
Background Gas: 8.00
Connection Gas: 0
Trip Gas: 0 DP SIZE
Max Gas: 4

ACCIDENTS FUEL (gals)


Start 3266 1 SLOW PUMP RATES
Received PSI SPM
NONE End 3266 Pump #1
DDR 06/02
NONE
Consumed 0 Pump #2

DDR 06/02
DAILY DRILLING REPORT AFE DEPTH 4,500 AFE DAYS 33
AFE # : SOUTH CANAL BANK -1
LOCATION: Laguna Seca

WELL NAME: South Canal Bank -1 COUNTRY BELIZE STATE: Orangewalk DATE: 5/24/13 DAY: 91

DEPTH
OPERATIONS: Complete API#: 4450 PROGRESS:
(MD):

CONTRACTOR: MARANCO LTD Rig SUPV: Virgil Welch AFE $: Drlg $0 AFE $: Completed $4,571,295

TOTAL
PSI: SPM: DAILY COST: $59,980 CUM DRLG COST: $5,685,636
GPM:
DRILLING MECHANICS CASING STRINGS
PICK UP WEIGHT 83000 PLAN Actual TOL Size WT GRADE THRD LOT/FIT $/ft
SLACK OFF WEIGHT 80000 300' 161 13&3/8" 61# K-55 Weld 161 $ 66.78
ROTATING WEIGHT 77000 1200 1183 9&5/8" 43.5# K-55 BUTT 1183 $ 66.67
TORQUE ON BOTTOM 200 - -
TORQUE OFF BOTTOM 100 - -
BIT RECORD Present Bit Previous Bit MUD PROPERTIES MUD MIXED TIME DISTRIBUTION
BIT NO 7 MW GEL RU/RD 144.5
SIZE 8 1/2 VIS SALTGEL DRLG 403.5
MFG Smith PV LIME REAM/WASH 17.5
TYPE F37(rr) YP CAUSTIC SURVEY 4.5
SER. NO EB3979 GELS SODA ASH TRIP 197.5
NOZZLES 22/22/22 pH BARITE RIG SERV 4
TFA WL HULLS CIRC & COND 73
OUT 4450 HP/HT magma fiber RUN CSG 22
IN 4107 FC xanthan gum WOC 81.5
FOOTAGE 343 CL bicarb NU BOP 36.5
HOURS 44 Ca CEMENT RIG REPAIR 1
FT/HR 8 Sand PacL LOG 9.5
hP/dia inch #DIV/0! Solids BenEx FISHING/STUCK 0
IMP FORCE #DIV/0! Oil % PolyPlus CMT 15.5
DC Anlr Vel 306 LCM Flo Trol TEST BOP 8
DP Anlr Vel 218 WELD HEAD 2
JET PITS 0
DRLG CMT 0.5
BIT # 7 DULL COND: CUT DRLG LINE 0
ICS OCS DC LOC B/S G ODR RP Day Mud $ $0 MISC 24 750.5
4 8 BT A F 0.25 BT TD Cum Mud $ $72,097 TOTAL (Daily/cum) 24 1771.5
TIME ACTIVITY RPM WOB ROP
START END HRS FROM TO complete (M lbs) (fph)
7:00 7.00 shut down for darkness
7:00 19:00 12.00 Monitor tubing pressure and fluid level
service axels, hubs, driveshafts on KW,two head & Mack, adjust brakes on flatbed
jet washing mast, pump out cellar, made water run to Gallon Jug, working on compressor lines
19:00 0:00 5.00 shut down for darkness

DAILY AVG #DIV/0!


SHOWS/FLARE REPORT BHA SURVEYS
Description Length DEPTH DEVIATION AZIMUTH
630' 1.75deg
1160' 6.5deg
LAST BOP TEST 4/15/2013 1257' 5.75deg
WASTE DISPOSAL SITE: 1783' .5deg
DAILY YDS SOLID - BBLS LIQUID 2401' .5deg
WELL CUM SOLID - 0 CUM LIQUID 0 3083 ft .5deg

TOTAL DRILLED GAS


GAS Units DC SIZE
Background Gas: 8.00
Connection Gas: 0
Trip Gas: 0 DP SIZE
Max Gas: 4

ACCIDENTS FUEL (gals)


Start 3266 1 SLOW PUMP RATES
Received PSI SPM
NONE End 3124 Pump #1
DDR 06/02
NONE
Consumed 142 Pump #2

DDR 06/02
DAILY DRILLING REPORT AFE DEPTH 4,500 AFE DAYS 33
AFE # : SOUTH CANAL BANK -1
LOCATION: Laguna Seca

WELL NAME: South Canal Bank -1 COUNTRY BELIZE STATE: Orangewalk DATE: 5/25/13 DAY: 92

DEPTH
OPERATIONS: Complete API#: 4450 PROGRESS:
(MD):

CONTRACTOR: MARANCO LTD Rig SUPV: Virgil Welch AFE $: Drlg $0 AFE $: Completed $4,571,295

TOTAL
PSI: SPM: DAILY COST: $59,980 CUM DRLG COST: $5,685,636
GPM:
DRILLING MECHANICS CASING STRINGS
PICK UP WEIGHT 83000 PLAN Actual TOL Size WT GRADE THRD LOT/FIT $/ft
SLACK OFF WEIGHT 80000 300' 161 13&3/8" 61# K-55 Weld 161 $ 66.78
ROTATING WEIGHT 77000 1200 1183 9&5/8" 43.5# K-55 BUTT 1183 $ 66.67
TORQUE ON BOTTOM 200 - -
TORQUE OFF BOTTOM 100 - -
BIT RECORD Present Bit Previous Bit MUD PROPERTIES MUD MIXED TIME DISTRIBUTION
BIT NO 7 MW GEL RU/RD 144.5
SIZE 8 1/2 VIS SALTGEL DRLG 403.5
MFG Smith PV LIME REAM/WASH 17.5
TYPE F37(rr) YP CAUSTIC SURVEY 4.5
SER. NO EB3979 GELS SODA ASH TRIP 197.5
NOZZLES 22/22/22 pH BARITE RIG SERV 4
TFA WL HULLS CIRC & COND 73
OUT 4450 HP/HT magma fiber RUN CSG 22
IN 4107 FC xanthan gum WOC 81.5
FOOTAGE 343 CL bicarb NU BOP 36.5
HOURS 44 Ca CEMENT RIG REPAIR 1
FT/HR 8 Sand PacL LOG 9.5
hP/dia inch #DIV/0! Solids BenEx FISHING/STUCK 0
IMP FORCE #DIV/0! Oil % PolyPlus CMT 15.5
DC Anlr Vel 306 LCM Flo Trol TEST BOP 8
DP Anlr Vel 218 WELD HEAD 2
JET PITS 0
DRLG CMT 0.5
BIT # 7 DULL COND: CUT DRLG LINE 0
ICS OCS DC LOC B/S G ODR RP Day Mud $ $0 MISC 24 774.5
4 8 BT A F 0.25 BT TD Cum Mud $ $72,097 TOTAL (Daily/cum) 24 1795.5
TIME ACTIVITY RPM WOB ROP
START END HRS FROM TO complete (M lbs) (fph)
7:00 7.00 shut down for darkness
7:00 19:00 12.00 Monitor tubing pressure and fluid level 0 pressure full annulus
servive all trauf gates on mud tanks, jet wash mast, wash rig floor, service all tools in DH
pressure wash camp sleeping quarters
19:00 0:00 5.00 shut down for darkness

DAILY AVG #DIV/0!


SHOWS/FLARE REPORT BHA SURVEYS
Description Length DEPTH DEVIATION AZIMUTH
630' 1.75deg
1160' 6.5deg
LAST BOP TEST 4/15/2013 1257' 5.75deg
WASTE DISPOSAL SITE: 1783' .5deg
DAILY YDS SOLID - BBLS LIQUID 2401' .5deg
WELL CUM SOLID - 0 CUM LIQUID 0 3083 ft .5deg

TOTAL DRILLED GAS


GAS Units DC SIZE
Background Gas: 8.00
Connection Gas: 0
Trip Gas: 0 DP SIZE
Max Gas: 4

ACCIDENTS FUEL (gals)


Start 3124 1 SLOW PUMP RATES
Received PSI SPM
NONE End 3053 Pump #1
DDR 06/02
NONE
Consumed 71 Pump #2

DDR 06/02
DAILY DRILLING REPORT AFE DEPTH 4,500 AFE DAYS 33
AFE # : SOUTH CANAL BANK -1
LOCATION: Laguna Seca

WELL NAME: South Canal Bank -1 COUNTRY BELIZE STATE: Orangewalk DATE: 5/26/13 DAY: 93

DEPTH
OPERATIONS: Complete API#: 4450 PROGRESS:
(MD):

CONTRACTOR: MARANCO LTD Rig SUPV: Virgil Welch AFE $: Drlg $0 AFE $: Completed $4,571,295

TOTAL
PSI: SPM: DAILY COST: $59,980 CUM DRLG COST: $5,685,636
GPM:
DRILLING MECHANICS CASING STRINGS
PICK UP WEIGHT 83000 PLAN Actual TOL Size WT GRADE THRD LOT/FIT $/ft
SLACK OFF WEIGHT 80000 300' 161 13&3/8" 61# K-55 Weld 161 $ 66.78
ROTATING WEIGHT 77000 1200 1183 9&5/8" 43.5# K-55 BUTT 1183 $ 66.67
TORQUE ON BOTTOM 200 - -
TORQUE OFF BOTTOM 100 - -
BIT RECORD Present Bit Previous Bit MUD PROPERTIES MUD MIXED TIME DISTRIBUTION
BIT NO 7 MW GEL RU/RD 144.5
SIZE 8 1/2 VIS SALTGEL DRLG 403.5
MFG Smith PV LIME REAM/WASH 17.5
TYPE F37(rr) YP CAUSTIC SURVEY 4.5
SER. NO EB3979 GELS SODA ASH TRIP 197.5
NOZZLES 22/22/22 pH BARITE RIG SERV 4
TFA WL HULLS CIRC & COND 73
OUT 4450 HP/HT magma fiber RUN CSG 22
IN 4107 FC xanthan gum WOC 81.5
FOOTAGE 343 CL bicarb NU BOP 36.5
HOURS 44 Ca CEMENT RIG REPAIR 1
FT/HR 8 Sand PacL LOG 9.5
hP/dia inch #DIV/0! Solids BenEx FISHING/STUCK 0
IMP FORCE #DIV/0! Oil % PolyPlus CMT 15.5
DC Anlr Vel 306 LCM Flo Trol TEST BOP 8
DP Anlr Vel 218 WELD HEAD 2
JET PITS 0
DRLG CMT 0.5
BIT # 7 DULL COND: CUT DRLG LINE 0
ICS OCS DC LOC B/S G ODR RP Day Mud $ $0 MISC 24 798.5
4 8 BT A F 0.25 BT TD Cum Mud $ $72,097 TOTAL (Daily/cum) 24 1819.5
TIME ACTIVITY RPM WOB ROP
START END HRS FROM TO complete (M lbs) (fph)
7:00 7.00 shut down for darkness
7:00 19:00 12.00 Monitor tubing pressure and fluid level 0 pressure full annulus
Service blador generator, pressure wash rig substructure, vdoor, catwalk, rig up swabbing
gear and lubicator, rig down cementing high pressure lines
19:00 0:00 5.00 shut down for darkness

DAILY AVG #DIV/0!


SHOWS/FLARE REPORT BHA SURVEYS
Description Length DEPTH DEVIATION AZIMUTH
630' 1.75deg
1160' 6.5deg
LAST BOP TEST 4/15/2013 1257' 5.75deg
WASTE DISPOSAL SITE: 1783' .5deg
DAILY YDS SOLID - BBLS LIQUID 2401' .5deg
WELL CUM SOLID - 0 CUM LIQUID 0 3083 ft .5deg

TOTAL DRILLED GAS


GAS Units DC SIZE
Background Gas: 8.00
Connection Gas: 0
Trip Gas: 0 DP SIZE
Max Gas: 4

ACCIDENTS FUEL (gals)


Start 3053 1 SLOW PUMP RATES
Received PSI SPM
NONE End 2842 Pump #1
DDR 06/02
NONE
Consumed 211 Pump #2

DDR 06/02
DAILY DRILLING REPORT AFE DEPTH 4,500 AFE DAYS 33
AFE # : SOUTH CANAL BANK -1
LOCATION: Laguna Seca

WELL NAME: South Canal Bank -1 COUNTRY BELIZE STATE: Orangewalk DATE: 5/27/13 DAY: 94

DEPTH
OPERATIONS: Complete API#: 4450 PROGRESS:
(MD):

CONTRACTOR: MARANCO LTD Rig SUPV: Virgil Welch AFE $: Drlg $0 AFE $: Completed $4,571,295

TOTAL
PSI: SPM: DAILY COST: $60,550 CUM DRLG COST: $5,685,636
GPM:
DRILLING MECHANICS CASING STRINGS
PICK UP WEIGHT 83000 PLAN Actual TOL Size WT GRADE THRD LOT/FIT $/ft
SLACK OFF WEIGHT 80000 300' 161 13&3/8" 61# K-55 Weld 161 $ 66.78
ROTATING WEIGHT 77000 1200 1183 9&5/8" 43.5# K-55 BUTT 1183 $ 66.67
TORQUE ON BOTTOM 200 - -
TORQUE OFF BOTTOM 100 - -
BIT RECORD Present Bit Previous Bit MUD PROPERTIES MUD MIXED TIME DISTRIBUTION
BIT NO 7 MW GEL RU/RD 144.5
SIZE 8 1/2 VIS SALTGEL DRLG 403.5
MFG Smith PV LIME REAM/WASH 17.5
TYPE F37(rr) YP CAUSTIC SURVEY 4.5
SER. NO EB3979 GELS SODA ASH TRIP 197.5
NOZZLES 22/22/22 pH BARITE RIG SERV 4
TFA WL HULLS CIRC & COND 73
OUT 4450 HP/HT magma fiber RUN CSG 22
IN 4107 FC xanthan gum WOC 81.5
FOOTAGE 343 CL bicarb NU BOP 36.5
HOURS 44 Ca CEMENT RIG REPAIR 1
FT/HR 8 Sand PacL LOG 9.5
hP/dia inch #DIV/0! Solids BenEx FISHING/STUCK 0
IMP FORCE #DIV/0! Oil % PolyPlus CMT 15.5
DC Anlr Vel 306 LCM Flo Trol TEST BOP 8
DP Anlr Vel 218 WELD HEAD 2
JET PITS 0
DRLG CMT 0.5
BIT # 7 DULL COND: CUT DRLG LINE 0
ICS OCS DC LOC B/S G ODR RP Day Mud $ $0 MISC 24 822.5
4 8 BT A F 0.25 BT TD Cum Mud $ $72,097 TOTAL (Daily/cum) 24 1843.5
TIME ACTIVITY RPM WOB ROP
START END HRS FROM TO complete (M lbs) (fph)
6:00 6.00 shut down for darkness
6:00 6:30 0.50 safety meeting for swabbing
6:30 7:30 1.00 0 press annulus full, open valve, 1 sawb run mostly oil, xylene & diesel, leaks on mud tanks
7:30 9:30 2.00 seal mud tanks and trauf tanks, clean and cover mud tanks
9:30 11:00 1.50 swab to 2350' and shut down for haevy rains annulus full
11:00 13:00 2.00 drain site and cover mud tanks for heavy rains
13:00 18:00 5.00 cont swabbing a total of 29.01bbls of water, xylene, oil and diesel
18:00 0:00 6.00 shut down for darkness

DAILY AVG #DIV/0!


SHOWS/FLARE REPORT BHA SURVEYS
Description Length DEPTH DEVIATION AZIMUTH
630' 1.75deg
1160' 6.5deg
LAST BOP TEST 4/15/2013 1257' 5.75deg
WASTE DISPOSAL SITE: 1783' .5deg
DAILY YDS SOLID - BBLS LIQUID 2401' .5deg
WELL CUM SOLID - 0 CUM LIQUID 0 3083 ft .5deg

TOTAL DRILLED GAS


GAS Units DC SIZE
Background Gas: 8.00
Connection Gas: 0
Trip Gas: 0 DP SIZE
Max Gas: 4

ACCIDENTS FUEL (gals)


Start 2842 1 SLOW PUMP RATES
Received PSI SPM
NONE End 2702 Pump #1
DDR 06/02
NONE
Consumed 140 Pump #2

DDR 06/02
DAILY DRILLING REPORT AFE DEPTH 4,500 AFE DAYS 33
AFE # : SOUTH CANAL BANK -1
LOCATION: Laguna Seca

WELL NAME: South Canal Bank -1 COUNTRY BELIZE STATE: Orangewalk DATE: 5/28/13 DAY: 95

DEPTH
OPERATIONS: Complete API#: 4450 PROGRESS:
(MD):

CONTRACTOR: MARANCO LTD Rig SUPV: Virgil Welch AFE $: Drlg $0 AFE $: Completed $4,571,295

TOTAL
PSI: SPM: DAILY COST: $60,340 CUM DRLG COST: $5,685,636
GPM:
DRILLING MECHANICS CASING STRINGS
PICK UP WEIGHT 83000 PLAN Actual TOL Size WT GRADE THRD LOT/FIT $/ft
SLACK OFF WEIGHT 80000 300' 161 13&3/8" 61# K-55 Weld 161 $ 66.78
ROTATING WEIGHT 77000 1200 1183 9&5/8" 43.5# K-55 BUTT 1183 $ 66.67
TORQUE ON BOTTOM 200 - -
TORQUE OFF BOTTOM 100 - -
BIT RECORD Present Bit Previous Bit MUD PROPERTIES MUD MIXED TIME DISTRIBUTION
BIT NO 7 MW GEL RU/RD 144.5
SIZE 8 1/2 VIS SALTGEL DRLG 403.5
MFG Smith PV LIME REAM/WASH 17.5
TYPE F37(rr) YP CAUSTIC SURVEY 4.5
SER. NO EB3979 GELS SODA ASH TRIP 197.5
NOZZLES 22/22/22 pH BARITE RIG SERV 4
TFA WL HULLS CIRC & COND 73
OUT 4450 HP/HT magma fiber RUN CSG 22
IN 4107 FC xanthan gum WOC 81.5
FOOTAGE 343 CL bicarb NU BOP 36.5
HOURS 44 Ca CEMENT RIG REPAIR 1
FT/HR 8 Sand PacL LOG 9.5
hP/dia inch #DIV/0! Solids BenEx FISHING/STUCK 0
IMP FORCE #DIV/0! Oil % PolyPlus CMT 15.5
DC Anlr Vel 306 LCM Flo Trol TEST BOP 8
DP Anlr Vel 218 WELD HEAD 2
JET PITS 0
DRLG CMT 0.5
BIT # 7 DULL COND: CUT DRLG LINE 0
ICS OCS DC LOC B/S G ODR RP Day Mud $ $0 MISC 24 846.6
4 8 BT A F 0.25 BT TD Cum Mud $ $72,097 TOTAL (Daily/cum) 24 1867.6
TIME ACTIVITY RPM WOB ROP
START END HRS FROM TO complete (M lbs) (fph)
6:30 6.50 shut down for darkness
6:30 7:30 1.00 annulus full tubing press 0, open bubble hose steady flow, open 2" to shaker box and monitor
7:30 12:30 5.00 swabbing, tag fluid level@ 2979, swab in 500' incriments. To 4070, 13 runs recovered7.75bbl
12:30 17:00 4.50 take crew to SCB 2 and spread pit liner
17:00 18:00 1.00 tag fluid level 2 3785, swab to 4070, got gas bubble at surface, total swabbed 10.25 bbl all
day
18:00 0:00 6.00 shut down for darkness

DAILY AVG #DIV/0!


SHOWS/FLARE REPORT BHA SURVEYS
Description Length DEPTH DEVIATION AZIMUTH
630' 1.75deg
1160' 6.5deg
LAST BOP TEST 4/15/2013 1257' 5.75deg
WASTE DISPOSAL SITE: 1783' .5deg
DAILY YDS SOLID - BBLS LIQUID 2401' .5deg
WELL CUM SOLID - 0 CUM LIQUID 0 3083 ft .5deg

TOTAL DRILLED GAS


GAS Units DC SIZE
Background Gas: 8.00
Connection Gas: 0
Trip Gas: 0 DP SIZE
Max Gas: 4

ACCIDENTS FUEL (gals)


Start 2702 1 SLOW PUMP RATES
Received PSI SPM
NONE End 2566 Pump #1
DDR 06/02
NONE
Consumed 136 Pump #2

DDR 06/02
DAILY DRILLING REPORT AFE DEPTH 4,500 AFE DAYS 33
AFE # : SOUTH CANAL BANK -1
LOCATION: Laguna Seca

WELL NAME: South Canal Bank -1 COUNTRY BELIZE STATE: Orangewalk DATE: 5/29/13 DAY: 96

DEPTH
OPERATIONS: Complete API#: 4450 PROGRESS:
(MD):

CONTRACTOR: MARANCO LTD Rig SUPV: Virgil Welch AFE $: Drlg $0 AFE $: Completed $4,571,295

TOTAL
PSI: SPM: DAILY COST: $60,415 CUM DRLG COST: $5,685,636
GPM:
DRILLING MECHANICS CASING STRINGS
PICK UP WEIGHT 83000 PLAN Actual TOL Size WT GRADE THRD LOT/FIT $/ft
SLACK OFF WEIGHT 80000 300' 161 13&3/8" 61# K-55 Weld 161 $ 66.78
ROTATING WEIGHT 77000 1200 1183 9&5/8" 43.5# K-55 BUTT 1183 $ 66.67
TORQUE ON BOTTOM 200 - -
TORQUE OFF BOTTOM 100 - -
BIT RECORD Present Bit Previous Bit MUD PROPERTIES MUD MIXED TIME DISTRIBUTION
BIT NO 7 MW GEL RU/RD 144.5
SIZE 8 1/2 VIS SALTGEL DRLG 403.5
MFG Smith PV LIME REAM/WASH 17.5
TYPE F37(rr) YP CAUSTIC SURVEY 4.5
SER. NO EB3979 GELS SODA ASH TRIP 197.5
NOZZLES 22/22/22 pH BARITE RIG SERV 4
TFA WL HULLS CIRC & COND 73
OUT 4450 HP/HT magma fiber RUN CSG 22
IN 4107 FC xanthan gum WOC 81.5
FOOTAGE 343 CL bicarb NU BOP 36.5
HOURS 44 Ca CEMENT RIG REPAIR 1
FT/HR 8 Sand PacL LOG 9.5
hP/dia inch #DIV/0! Solids BenEx FISHING/STUCK 0
IMP FORCE #DIV/0! Oil % PolyPlus CMT 15.5
DC Anlr Vel 306 LCM Flo Trol TEST BOP 8
DP Anlr Vel 218 WELD HEAD 2
JET PITS 0
DRLG CMT 0.5
BIT # 7 DULL COND: CUT DRLG LINE 0
ICS OCS DC LOC B/S G ODR RP Day Mud $ $0 MISC 24 870.5
4 8 BT A F 0.25 BT TD Cum Mud $ $72,097 TOTAL (Daily/cum) 24 1891.5
TIME ACTIVITY RPM WOB ROP
START END HRS FROM TO complete (M lbs) (fph)
6:30 6.50 shut down for darkness
6:30 8:30 2.00 help pre-ops meeting, annulus full, o tubing pressure, rih to swab , tag fluid level @ 3420
recovered 3.75bbls oil, xylene and water, remaining runs dry
8:30 13:30 5.00 wait on well to recover, clean rig and cementing unit
13:30 14:30 1.00 annulus full, o tubing pressure, rih tag fluid level @ 3737, swab from 4070, recovered 2.5 bbls
oil, xylene and on first run, rest of the runs no fluid but lots of gas and fumes
14:30 17:30 3.00 wait on well to recover, collect xylene containment oil and transfer to xylene drums, cleaning
17:30 18:30 1.00 annulus full, tubing pressure 0, rih tag fluid level @ 3851', swab from 4070, recovered 1.27bbls
mostly oil, second run dry
18:30 0:00 5.50 shut down for darkness

DAILY AVG #DIV/0!


SHOWS/FLARE REPORT BHA SURVEYS
Description Length DEPTH DEVIATION AZIMUTH
630' 1.75deg
1160' 6.5deg
LAST BOP TEST 4/15/2013 1257' 5.75deg
WASTE DISPOSAL SITE: 1783' .5deg
DAILY YDS SOLID - BBLS LIQUID 2401' .5deg
WELL CUM SOLID - 0 CUM LIQUID 0 3083 ft .5deg

TOTAL DRILLED GAS


GAS Units DC SIZE
Background Gas: 8.00
Connection Gas: 0
Trip Gas: 0 DP SIZE
Max Gas: 4

ACCIDENTS FUEL (gals)


Start 2566 1 SLOW PUMP RATES
Received PSI SPM
NONE End 2430 Pump #1
DDR 06/02
NONE
Consumed 136 Pump #2

DDR 06/02
DAILY DRILLING REPORT AFE DEPTH 4,500 AFE DAYS 33
AFE # : SOUTH CANAL BANK -1
LOCATION: Laguna Seca

WELL NAME: South Canal Bank -1 COUNTRY BELIZE STATE: Orangewalk DATE: 5/30/13 DAY: 97

DEPTH
OPERATIONS: Complete API#: 4450 PROGRESS:
(MD):

CONTRACTOR: MARANCO LTD Rig SUPV: Virgil Welch AFE $: Drlg $0 AFE $: Completed $4,571,295

TOTAL
PSI: SPM: DAILY COST: $60,415 CUM DRLG COST: $5,685,636
GPM:
DRILLING MECHANICS CASING STRINGS
PICK UP WEIGHT 83000 PLAN Actual TOL Size WT GRADE THRD LOT/FIT $/ft
SLACK OFF WEIGHT 80000 300' 161 13&3/8" 61# K-55 Weld 161 $ 66.78
ROTATING WEIGHT 77000 1200 1183 9&5/8" 43.5# K-55 BUTT 1183 $ 66.67
TORQUE ON BOTTOM 200 - -
TORQUE OFF BOTTOM 100 - -
BIT RECORD Present Bit Previous Bit MUD PROPERTIES MUD MIXED TIME DISTRIBUTION
BIT NO 7 MW GEL RU/RD 144.5
SIZE 8 1/2 VIS SALTGEL DRLG 403.5
MFG Smith PV LIME REAM/WASH 17.5
TYPE F37(rr) YP CAUSTIC SURVEY 4.5
SER. NO EB3979 GELS SODA ASH TRIP 197.5
NOZZLES 22/22/22 pH BARITE RIG SERV 4
TFA WL HULLS CIRC & COND 73
OUT 4450 HP/HT magma fiber RUN CSG 22
IN 4107 FC xanthan gum WOC 81.5
FOOTAGE 343 CL bicarb NU BOP 36.5
HOURS 44 Ca CEMENT RIG REPAIR 1
FT/HR 8 Sand PacL LOG 9.5
hP/dia inch #DIV/0! Solids BenEx FISHING/STUCK 0
IMP FORCE #DIV/0! Oil % PolyPlus CMT 15.5
DC Anlr Vel 306 LCM Flo Trol TEST BOP 8
DP Anlr Vel 218 WELD HEAD 2
JET PITS 0
DRLG CMT 0.5
BIT # 7 DULL COND: CUT DRLG LINE 0
ICS OCS DC LOC B/S G ODR RP Day Mud $ $0 MISC 24 894.5
4 8 BT A F 0.25 BT TD Cum Mud $ $72,097 TOTAL (Daily/cum) 24 1915.5
TIME ACTIVITY RPM WOB ROP
START END HRS FROM TO complete (M lbs) (fph)
6:30 6.50 shut down for darkness
6:30 8:30 2.00 installed new swab cups, tubing pressure 0, annulus full, rih and tag fluid level @ 3434'
recovered 3.16bbls of oil, xylene and water
8:30 12:30 4.00 wait on well to recover, clean and tidy cellar area, transfer xylene contaminated oil into
xylene drums
12:30 13:30 1.00 rih tag fluid level @ 3770, returns oil and water, mostly water
13:30 16:30 3.00 wait on well to recover, clean and tidy cellar area, clean around mud tanks, prep equipment
16:30 18:00 1.50 rih, tag fluid level 2 3945', returns oil and water, mostly water, total swabbed all day 6.48bbls
18:00 18:30 0.50 shut in well, clean and tidy equipment
18:30 0:00 5.50 shut down for darkness

DAILY AVG #DIV/0!


SHOWS/FLARE REPORT BHA SURVEYS
Description Length DEPTH DEVIATION AZIMUTH
630' 1.75deg
1160' 6.5deg
LAST BOP TEST 4/15/2013 1257' 5.75deg
WASTE DISPOSAL SITE: 1783' .5deg
DAILY YDS SOLID - BBLS LIQUID 2401' .5deg
WELL CUM SOLID - 0 CUM LIQUID 0 3083 ft .5deg

TOTAL DRILLED GAS


GAS Units DC SIZE
Background Gas: 8.00
Connection Gas: 0
Trip Gas: 0 DP SIZE
Max Gas: 4

ACCIDENTS FUEL (gals)


Start 2430 1 SLOW PUMP RATES
Received PSI SPM
NONE End 2164 Pump #1
DDR 06/02
NONE
Consumed 266 Pump #2

DDR 06/02
DAILY DRILLING REPORT AFE DEPTH 4,500 AFE DAYS 33
AFE # : SOUTH CANAL BANK -1
LOCATION: Laguna Seca

WELL NAME: South Canal Bank -1 COUNTRY BELIZE STATE: Orangewalk DATE: 5/31/13 DAY: 98

DEPTH
OPERATIONS: Complete API#: 4450 PROGRESS:
(MD):

CONTRACTOR: MARANCO LTD Rig SUPV: Virgil Welch AFE $: Drlg $0 AFE $: Completed $4,571,295

TOTAL
PSI: SPM: DAILY COST: $60,055 CUM DRLG COST: $5,685,636
GPM:
DRILLING MECHANICS CASING STRINGS
PICK UP WEIGHT 83000 PLAN Actual TOL Size WT GRADE THRD LOT/FIT $/ft
SLACK OFF WEIGHT 80000 300' 161 13&3/8" 61# K-55 Weld 161 $ 66.78
ROTATING WEIGHT 77000 1200 1183 9&5/8" 43.5# K-55 BUTT 1183 $ 66.67
TORQUE ON BOTTOM 200 - -
TORQUE OFF BOTTOM 100 - -
BIT RECORD Present Bit Previous Bit MUD PROPERTIES MUD MIXED TIME DISTRIBUTION
BIT NO 7 MW GEL RU/RD 144.5
SIZE 8 1/2 VIS SALTGEL DRLG 403.5
MFG Smith PV LIME REAM/WASH 17.5
TYPE F37(rr) YP CAUSTIC SURVEY 4.5
SER. NO EB3979 GELS SODA ASH TRIP 197.5
NOZZLES 22/22/22 pH BARITE RIG SERV 4
TFA WL HULLS CIRC & COND 73
OUT 4450 HP/HT magma fiber RUN CSG 22
IN 4107 FC xanthan gum WOC 81.5
FOOTAGE 343 CL bicarb NU BOP 36.5
HOURS 44 Ca CEMENT RIG REPAIR 1
FT/HR 8 Sand PacL LOG 9.5
hP/dia inch #DIV/0! Solids BenEx FISHING/STUCK 0
IMP FORCE #DIV/0! Oil % PolyPlus CMT 15.5
DC Anlr Vel 306 LCM Flo Trol TEST BOP 8
DP Anlr Vel 218 WELD HEAD 2
JET PITS 0
DRLG CMT 0.5
BIT # 7 DULL COND: CUT DRLG LINE 0
ICS OCS DC LOC B/S G ODR RP Day Mud $ $0 MISC 24 918.5
4 8 BT A F 0.25 BT TD Cum Mud $ $72,097 TOTAL (Daily/cum) 24 1939.5
TIME ACTIVITY RPM WOB ROP
START END HRS FROM TO complete (M lbs) (fph)
6:30 6.50 shut down for darkness
6:30 8:30 2.00 Swab, fluid level@ 3500', recovered mostly water and fumes, recovered 3.11bbls
8:30 13:00 4.50 wait on well to recover---duties prepare for rig move
13:00 14:00 1.00 tag fluid at 3775, swabbed from 4070, recovered .11bbls oil, water
14:00 16:00 2.00 wait on well to recover, finish water line to SCB2 and test
16:00 17:00 1.00 tag fluid at 3877, recovered .23bbl 3.36bbls all day
17:00 18:30 1.50 Rig down swab lines and clean
18:30 0:00 5.50 shut down for darkness

DAILY AVG #DIV/0!


SHOWS/FLARE REPORT BHA SURVEYS
Description Length DEPTH DEVIATION AZIMUTH
630' 1.75deg
1160' 6.5deg
LAST BOP TEST 4/15/2013 1257' 5.75deg
WASTE DISPOSAL SITE: 1783' .5deg
DAILY YDS SOLID - BBLS LIQUID 2401' .5deg
WELL CUM SOLID - 0 CUM LIQUID 0 3083 ft .5deg

TOTAL DRILLED GAS


GAS Units DC SIZE
Background Gas: 8.00
Connection Gas: 0
Trip Gas: 0 DP SIZE
Max Gas: 4

ACCIDENTS FUEL (gals)


Start 2164 1 SLOW PUMP RATES
Received PSI SPM
NONE End 2164 Pump #1
DDR 06/02
NONE
Consumed Pump #2

DDR 06/02
DAILY DRILLING REPORT AFE DEPTH 4,500 AFE DAYS 33
AFE # : SOUTH CANAL BANK -1
LOCATION: Laguna Seca

WELL NAME: South Canal Bank -1 COUNTRY BELIZE STATE: Orangewalk DATE: 6/1/13 DAY: 99

DEPTH
OPERATIONS: Complete API#: 4450 PROGRESS:
(MD):

CONTRACTOR: MARANCO LTD Rig SUPV: Virgil Welch AFE $: Drlg $0 AFE $: Completed $4,571,295

TOTAL
PSI: SPM: DAILY COST: $60,730 CUM DRLG COST: $5,685,636
GPM:
DRILLING MECHANICS CASING STRINGS
PICK UP WEIGHT 83000 PLAN Actual TOL Size WT GRADE THRD LOT/FIT $/ft
SLACK OFF WEIGHT 80000 300' 161 13&3/8" 61# K-55 Weld 161 $ 66.78
ROTATING WEIGHT 77000 1200 1183 9&5/8" 43.5# K-55 BUTT 1183 $ 66.67
TORQUE ON BOTTOM 200 - -
TORQUE OFF BOTTOM 100 - -
BIT RECORD Present Bit Previous Bit MUD PROPERTIES MUD MIXED TIME DISTRIBUTION
BIT NO 7 MW GEL RU/RD 144.5
SIZE 8 1/2 VIS SALTGEL DRLG 403.5
MFG Smith PV LIME REAM/WASH 17.5
TYPE F37(rr) YP CAUSTIC SURVEY 4.5
SER. NO EB3979 GELS SODA ASH TRIP 7.5 205
NOZZLES 22/22/22 pH BARITE RIG SERV 4
TFA WL HULLS CIRC & COND 73
OUT 4450 HP/HT magma fiber RUN CSG 22
IN 4107 FC xanthan gum WOC 81.5
FOOTAGE 343 CL bicarb NU BOP 36.5
HOURS 44 Ca CEMENT RIG REPAIR 1
FT/HR 8 Sand PacL LOG 9.5
hP/dia inch #DIV/0! Solids BenEx FISHING/STUCK 0
IMP FORCE #DIV/0! Oil % PolyPlus CMT 15.5
DC Anlr Vel 306 LCM Flo Trol TEST BOP 8
DP Anlr Vel 218 WELD HEAD 2
JET PITS 0
DRLG CMT 0.5
BIT # 7 DULL COND: CUT DRLG LINE 0
ICS OCS DC LOC B/S G ODR RP Day Mud $ $0 MISC 16.5 935
4 8 BT A F 0.25 BT TD Cum Mud $ $72,097 TOTAL (Daily/cum) 24 1963.5
TIME ACTIVITY RPM WOB ROP
START END HRS FROM TO complete (M lbs) (fph)
6:30 6.50 shut down for darkness
6:30 10:00 3.50 lay down swabbing equipment, pull 45K to get off slips, fill tubing, open jay valve, wait to equal
10:00 11:00 1.00 release packer and wait on element to deflate
11:00 18:30 7.50 POH laying down tubing, service threads and stripping pipe clean on way out, lay down packer
secure well
18:30 0:00 5.50 shut down for darkness

DAILY AVG #DIV/0!


SHOWS/FLARE REPORT BHA SURVEYS
Description Length DEPTH DEVIATION AZIMUTH
630' 1.75deg
1160' 6.5deg
LAST BOP TEST 4/15/2013 1257' 5.75deg
WASTE DISPOSAL SITE: 1783' .5deg
DAILY YDS SOLID - BBLS LIQUID 2401' .5deg
WELL CUM SOLID - 0 CUM LIQUID 0 3083 ft .5deg

TOTAL DRILLED GAS


GAS Units DC SIZE
Background Gas: 8.00
Connection Gas: 0
Trip Gas: 0 DP SIZE
Max Gas: 4

ACCIDENTS FUEL (gals)


Start 2164 1 SLOW PUMP RATES
Received PSI SPM
NONE End 1902 Pump #1
DDR 06/02
NONE
Consumed 262 Pump #2

DDR 06/02
DAILY DRILLING REPORT AFE DEPTH 4,500 AFE DAYS 33
AFE # : SOUTH CANAL BANK -1
LOCATION: Laguna Seca

WELL NAME: South Canal Bank -1 COUNTRY BELIZE STATE: Orangewalk DATE: 6/2/13 DAY: 100

DEPTH
OPERATIONS: Rig Down API#: 4450 PROGRESS:
(MD):

CONTRACTOR: MARANCO LTD Rig SUPV: Virgil Welch AFE $: Drlg $0 AFE $: Completed $4,571,295

TOTAL
PSI: SPM: DAILY COST: $41,815 CUM DRLG COST: $5,685,636
GPM:
DRILLING MECHANICS CASING STRINGS
PICK UP WEIGHT 83000 PLAN Actual TOL Size WT GRADE THRD LOT/FIT $/ft
SLACK OFF WEIGHT 80000 300' 161 13&3/8" 61# K-55 Weld 161 $ 66.78
ROTATING WEIGHT 77000 1200 1183 9&5/8" 43.5# K-55 BUTT 1183 $ 66.67
TORQUE ON BOTTOM 200 - -
TORQUE OFF BOTTOM 100 - -
BIT RECORD Present Bit Previous Bit MUD PROPERTIES MUD MIXED TIME DISTRIBUTION
BIT NO 7 MW GEL RU/RD 12 156.5
SIZE 8 1/2 VIS SALTGEL DRLG 403.5
MFG Smith PV LIME REAM/WASH 17.5
TYPE F37(rr) YP CAUSTIC SURVEY 4.5
SER. NO EB3979 GELS SODA ASH TRIP 205
NOZZLES 22/22/22 pH BARITE RIG SERV 4
TFA WL HULLS CIRC & COND 73
OUT 4450 HP/HT magma fiber RUN CSG 22
IN 4107 FC xanthan gum WOC 81.5
FOOTAGE 343 CL bicarb NU BOP 36.5
HOURS 44 Ca CEMENT RIG REPAIR 1
FT/HR 8 Sand PacL LOG 9.5
hP/dia inch #DIV/0! Solids BenEx FISHING/STUCK 0
IMP FORCE #DIV/0! Oil % PolyPlus CMT 15.5
DC Anlr Vel 306 LCM Flo Trol TEST BOP 8
DP Anlr Vel 218 WELD HEAD 2
JET PITS 0
DRLG CMT 0.5
BIT # 7 DULL COND: CUT DRLG LINE 0
ICS OCS DC LOC B/S G ODR RP Day Mud $ $0 MISC 12 947
4 8 BT A F 0.25 BT TD Cum Mud $ $72,097 TOTAL (Daily/cum) 24 1987.5
TIME ACTIVITY RPM WOB ROP
START END HRS FROM TO rig down (M lbs) (fph)
6:30 6.50 shut down for darkness
6:30 18:30 12.00 strip clean and reassemble packer, break and lay down kelly, bushings, tongs, start cleaning
mud tanks, pump discharge lines, prep to retract mast, nipple down flow line, annular, double
gate, nipple up 7&1/16 flange and valve on wellhead, move frac tank, transfer fluid from
mud tank to frac tank
18:30 0:00 5.50 shut down for darkness

DAILY AVG #DIV/0!


SHOWS/FLARE REPORT BHA SURVEYS
Description Length DEPTH DEVIATION AZIMUTH
630' 1.75deg
1160' 6.5deg
LAST BOP TEST 4/15/2013 1257' 5.75deg
WASTE DISPOSAL SITE: 1783' .5deg
DAILY YDS SOLID - BBLS LIQUID 2401' .5deg
WELL CUM SOLID - 0 CUM LIQUID 0 3083 ft .5deg

TOTAL DRILLED GAS


GAS Units DC SIZE
Background Gas: 8.00
Connection Gas: 0
Trip Gas: 0 DP SIZE
Max Gas: 4

ACCIDENTS FUEL (gals)


Start 1902 1 SLOW PUMP RATES
Received PSI SPM
NONE End 1902 Pump #1
DDR 06/02
NONE
Consumed Pump #2

DDR 06/02
DAILY DRILLING REPORT AFE DEPTH 4,500 AFE DAYS 33
AFE # : SOUTH CANAL BANK -1
LOCATION: Laguna Seca

WELL NAME: South Canal Bank -1 COUNTRY BELIZE STATE: Orangewalk DATE: 6/3/13 DAY: 101

DEPTH
OPERATIONS: Rig Down API#: 4450 PROGRESS:
(MD):

CONTRACTOR: MARANCO LTD Rig SUPV: Virgil Welch AFE $: Drlg $0 AFE $: Completed $4,571,295

TOTAL
PSI: SPM: DAILY COST: $43,540 CUM DRLG COST: $5,953,733
GPM:
DRILLING MECHANICS CASING STRINGS
PICK UP WEIGHT 83000 PLAN Actual TOL Size WT GRADE THRD LOT/FIT $/ft
SLACK OFF WEIGHT 80000 300' 161 13&3/8" 61# K-55 Weld 161 $ 66.78
ROTATING WEIGHT 77000 1200 1183 9&5/8" 43.5# K-55 BUTT 1183 $ 66.67
TORQUE ON BOTTOM 200 - -
TORQUE OFF BOTTOM 100 - -
BIT RECORD Present Bit Previous Bit MUD PROPERTIES MUD MIXED TIME DISTRIBUTION
BIT NO 7 MW GEL RU/RD 12 168.5
SIZE 8 1/2 VIS SALTGEL DRLG 403.5
MFG Smith PV LIME REAM/WASH 17.5
TYPE F37(rr) YP CAUSTIC SURVEY 4.5
SER. NO EB3979 GELS SODA ASH TRIP 205
NOZZLES 22/22/22 pH BARITE RIG SERV 4
TFA WL HULLS CIRC & COND 73
OUT 4450 HP/HT magma fiber RUN CSG 22
IN 4107 FC xanthan gum WOC 81.5
FOOTAGE 343 CL bicarb NU BOP 36.5
HOURS 44 Ca CEMENT RIG REPAIR 1
FT/HR 8 Sand PacL LOG 9.5
hP/dia inch #DIV/0! Solids BenEx FISHING/STUCK 0
IMP FORCE #DIV/0! Oil % PolyPlus CMT 15.5
DC Anlr Vel 306 LCM Flo Trol TEST BOP 8
DP Anlr Vel 218 WELD HEAD 2
JET PITS 0
DRLG CMT 0.5
BIT # 7 DULL COND: CUT DRLG LINE 0
ICS OCS DC LOC B/S G ODR RP Day Mud $ $0 MISC 12 947
4 8 BT A F 0.25 BT TD Cum Mud $ $72,097 TOTAL (Daily/cum) 24 1999.5
TIME ACTIVITY RPM WOB ROP
START END HRS FROM TO rig down (M lbs) (fph)
6:30 6.50 shut down for darkness
6:30 18:30 12.00 rigging down on SCB1, rig down air, water and fuel lines, rig down mud pump suction and
discharge lines, service dresser sleves, lower guy lines, transfer fluids and clean mud tanks
move koomy mud pump and engines to SCB2, retract mast top section and spool lines
lift and spot compressor room, and genny to side of location, fit ramp for rig
18:30 0:00 5.50 shut down for darkness

DAILY AVG #DIV/0!


SHOWS/FLARE REPORT BHA SURVEYS
Description Length DEPTH DEVIATION AZIMUTH
630' 1.75deg
1160' 6.5deg
LAST BOP TEST 4/15/2013 1257' 5.75deg
WASTE DISPOSAL SITE: 1783' .5deg
DAILY YDS SOLID - BBLS LIQUID 2401' .5deg
WELL CUM SOLID - 0 CUM LIQUID 0 3083 ft .5deg

TOTAL DRILLED GAS


GAS Units DC SIZE
Background Gas: 8.00
Connection Gas: 0
Trip Gas: 0 DP SIZE
Max Gas: 4

ACCIDENTS FUEL (gals)


Start 1902 1 SLOW PUMP RATES
Received PSI SPM
NONE End 1902 Pump #1
DDR 06/02
NONE
Consumed Pump #2

DDR 06/02
RANGE RESOURCES
WELL: #REF! DATE: #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF!
AFE: #REF! DAY # DAY # DAY # DAY # DAY # DAY # DAY # DAY # DAY # DAY # DAY # DAY # DAY #
2/23/13 2/24/13 2/25/13 2/26/13 2/27/13 2/28/13 3/1/13 3/2/13 3/3/13 3/4/13 3/5/13 3/6/13 3/7/13
CODE NEW DRILL AFE $ CUM 1 2 3 4 5 6 7 8 9 10 11 12 13
COSTS TO CASING POINT: TANGIBLES
14100 Cellar $31,000
14101 Conductor Casing 30 " $0
14102 Conductor Casing 20" (33 ft0 $2,218 33/ft
14103 Surface Casing (13 3/8" 61#) (150 ft) $13,356 $9,483 66.78/ft $9,483
14104 Intermediate Casing (9 5/8" 40#) (1200ft) $80,000 $78,871 40/ft
14105 Production Casing (7") (3,500 ft) $121,500 $102,624 27/ft
14106 2 7/8" Tubing for Production (3500ft) $22,500 $43,260 5/ft
14107 2 7/8" Tubing/DST $5,000
14108 Tubing Accessories (packers/blast joints, etc) $25,000 $26,025
14109 Casing Accessories (Cent/Floating Equipment) $10,000 $2,234
14110 Wellhead Equipment (A & B Sections) $120,000 $5,600
TOTAL COST TANGIBLE MATERIALS $430,574 $268,097 $0 $0 $0 $0 $0 $0 $0 $0 $9,483 $0 $0 $0 $0

Air Compressors $0
Camp Mob and rig up $5,000 $5,000 $5,000
14008 Camp & catering/Accomodations (31 dys) $171,000 $250,295 4500/dy $2,000 $2,000 $2,000 $2,000 $2,000 $2,000 $2,000 $2,000 $3,125 $3,650 $3,650 $3,650 $3,875
Casing Inspection & Repairs $0
14019 Cement (readymix) 13 3/8" (3 dys) $2,700 $7,226 900/dy $750 $750 $750 $750 $750 $750 $750 $750 $1,226
14019 Cement & Services 9 5/8" $125,000 $139,946 $3,250 $3,250 $3,250 $4,282
14019 Cement & Services 7" $175,000 $194,482
14045 Communications (Telecommunications/Rig Inst) 31 dys $4,471 $17,610 118/dy $2,310
Conductor, rat & mouse hole, surface casing/ Rig #17 $75,000 $34,000 $8,500 $8,500 $8,500 $8,500
Coring Services $0
14022 Core & Fluid Analysis $0
14003 Contingency $150,000
14040 Drilling Consultant (Office Engineering/Management) 6 dys $2,400 $2,000 1200;/dy
14041 Drilling Consultant (On-site Supervision) 31 dys $53,200 $18,000 1400/dy $500
Drilling Contractor - Footage/Turnkey $0
14011 Drilling Rig (move/standby rate) (9 dys) $205,200 $313,500 28500/dy
14011 Drilling Rig - Day rate (22 dys) $870,000 $2,310,000 30000/dy
14018 Drilling bits/reamers/stabilizers $350,000 $213,415 $5,215 $850 $850 $850 $850
Drilling Jar Rentals (22 dys) $21,750 $61,180 750/dy $665 $665 $665 $665
Drill String Rent $0
Drill String Inspection $70,000 35000/dy
Drill String repair/replace (22 dys) $29,000 1000/dy
Directional Tools & Services/Mud Motor rental $0
14035 Drill Stem Testing equipment $200,000 $363,000 100000/dy
14049 Environmental Services (ECPS and EIAs) $10,000
Expendables (22 dys) $21,750 $25,800 750/dy
Fire & Safety Equipment (31 dys) $19,000 500/dy
14028 Fishing Services $12,500
CODE NEW DRILL AFE $ CUM 1 2 3 4 5 6 7 8 9 10 11 12 13
Fishing Tool Rental $0
14024 Fuel/Electricity (24 dys) $174,000 $60,580 6000/dy $840 $910 $1,160 $5,965 $455 $930 $1,125 $1,050 $250 $1,750
14034 Geological Supervision (8 dys) $7,200 900/dy
Geological Onsite service (22 dys) $24,650 $16,150 850/dy
14034 Geophysical Services (8 dys) $9,000 1125/dy
H₂S Services (22 dys) $2,900 100/dy
14006 Insurance - Regulatory-Legal $70,000
14004 Location Staking/Survey $1,500 $1,100 $1,100
Medical Facility and Personnel (22 dys) $10,150 $31,500 350/dy $350 $350
14046 Misc. supplies/services (22 dys) $14,500 500/dy
Mud Cleaning Equipment $0 $52,250
14014 Mud Chemicals $125,000 $54,597
14016 Mud Engineer (22 dys) $14,500 $17,500 500/dy $500
14033 Mud Logging (Standby) (6 dys) $12,300 $2,400 2050/dy
14033 Mud Logging (Equipment & Personnel) (22 dys) $62,350 $49,000 2150/dy
14009 Mob/Demob (Trucking and Cranes) (2) $300,000 $250,000 $250,000
14053 Overhead (22 dys) $29,000 1000/dy
14004 Permits $5,000
14005 Roads & Locations (sites Construction) $200,000 $326,749 $326,749
14005 Roads & Locations rehabilitation $75,000
14027 Rental Equipment (22 dys) $171,000 $587,050 5900/dy $4,475 $4,475 $4,475 $4,475 $4,475 $4,475 $4,475 $4,475 $4,475 $5,325 $5,950 $5,950 $5,950
Roustabout Labour (welder/electrician) $14,500 $6,750 500/dy $750
14008 Site Security (31 dys) $0
14015 Solid Control & Other Fluid handling Equipment $12,250
Stimulation of Well/Acid/swabbing gear/Xylene $0 $27,798
14007 Surface Damages and Fees $5,000
Survey open/cased holes $10,000
Subsistence/Travel/Hotel accomodations (4 dys) $6,000 $6,078 1500/dy
Testing equipment/Tanks $0
Trucking / transportation (Hotshot-Ocean/Air Freight) $25,000 $43,730 $6,320 $1,500 $1,500 $1,500 $1,500 $1,500 $1,500 $3,660 $1,500 $1,500
Water well (Rig 17) $65,000 $61,124 $61,124
14017 Water Transportation (22 dys) $8,700 300/dy
Welding/fabrication (22 dys) $7,250 $23,250 250/dy $250 $250 $250 $250 $250
Well control equipment $0
14032 Well logging (Wireline) $106,000 $112,577
Workover operations (TBD) $0

TOTAL COST TO CASING POINT - INTANGIBLES $4,140,721 $5,685,636 $0 $342,234 $9,635 $9,885 $14,690 $70,304 $23,370 $16,850 $16,775 $18,576 $20,490 $18,275 $266,465 $22,782
COMPLETION COSTS: TANGIBLES
Prod Casing 0 $0
Tubing and Misc Tbg Equip 0 $0
Downhole Equipment $0
Wellhead Equipment $0

TOTAL CASED HOLE COST $4,571,295 $5,953,733 Daily $ $342,234 $9,635 $9,885 $14,690 $70,304 $23,370 $16,850 $16,775 $28,059 $20,490 $18,275 $266,465 $22,782
AFE WELL COST Cum $ $342,234 $351,869 $361,754 $376,444 $446,748 $470,118 $486,968 $503,743 $531,802 $552,292 $570,567 $837,032 $859,814
1 2 3 4 5 6 7 8 9 10 11 12 13
RANGE RESOURCES
WELL: #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF!
AFE: #REF! DAY # DAY # DAY # DAY # DAY # DAY # DAY #
3/8/13 3/9/13 3/10/13 3/11/13 3/12/13 3/13/13 3/14/13
CODE NEW DRILL AFE $ CUM 14 15 16 17 18 19 20
COSTS TO CASING POINT: TANGIBLES
14100 Cellar $31,000
14101 Conductor Casing 30 " $0
14102 Conductor Casing 20" (33 ft0 $2,218
14103 Surface Casing (13 3/8" 61#) (150 ft) $13,356 $9,483
14104 Intermediate Casing (9 5/8" 40#) (1200ft) $80,000 $78,871 $78,871
14105 Production Casing (7") (3,500 ft) $121,500 $102,624
14106 2 7/8" Tubing for Production (3500ft) $22,500 $43,260
14107 2 7/8" Tubing/DST $5,000
14108 Tubing Accessories (packers/blast joints, etc) $25,000 $26,025
14109 Casing Accessories (Cent/Floating Equipment) $10,000 $2,234
14110 Wellhead Equipment (A & B Sections) $120,000 $5,600 $5,600
TOTAL COST TANGIBLE MATERIALS $430,574 $268,097 $0 $0 $0 $0 $78,871 $0 $5,600

Air Compressors $0
Camp Mob and rig up $5,000 $5,000
14008 Camp & catering/Accomodations (31 dys) $171,000 $250,295 $3,875 $3,875 $4,100 $4,100 $4,550 $4,550 $2,675
Casing Inspection & Repairs $0
14019 Cement (readymix) 13 3/8" (3 dys) $2,700 $7,226
14019 Cement & Services 9 5/8" $125,000 $139,946 $3,250 $3,250 $3,250 $3,250 $2,500 $2,500 $2,500
14019 Cement & Services 7" $175,000 $194,482
14045 Communications (Telecommunications/Rig Inst) 31 dys $4,471 $17,610 $510 $510 $510 $510 $510 $510 $510
Conductor, rat & mouse hole, surface casing/ Rig #17 $75,000 $34,000
Coring Services $0
14022 Core & Fluid Analysis $0
14003 Contingency $150,000
14040 Drilling Consultant (Office Engineering/Management) 6 dys $2,400 $2,000
14041 Drilling Consultant (On-site Supervision) 31 dys $53,200 $18,000 $500 $500 $500 $500 $500 $500 $500
Drilling Contractor - Footage/Turnkey $0
14011 Drilling Rig (move/standby rate) (9 dys) $205,200 $313,500
14011 Drilling Rig - Day rate (22 dys) $870,000 $2,310,000 $30,000 $30,000 $30,000 $30,000 $30,000 $30,000 $30,000
14018 Drilling bits/reamers/stabilizers $350,000 $213,415 $35,850 $850 $850 $850 $850 $15,850 $850
Drilling Jar Rentals (22 dys) $21,750 $61,180 $665 $665 $665 $665 $665 $665 $665
Drill String Rent $0
Drill String Inspection $70,000
Drill String repair/replace (22 dys) $29,000
Directional Tools & Services/Mud Motor rental $0
14035 Drill Stem Testing equipment $200,000 $363,000
14049 Environmental Services (ECPS and EIAs) $10,000
Expendables (22 dys) $21,750 $25,800 $6,000 $2,000 $2,000
Fire & Safety Equipment (31 dys) $19,000
14028 Fishing Services $12,500
CODE NEW DRILL AFE $ CUM 14 15 16 17 18 19 20
Fishing Tool Rental $0
14024 Fuel/Electricity (24 dys) $174,000 $60,580 $4,855 $4,570 $2,090 $2,860 $2,180 $460
14034 Geological Supervision (8 dys) $7,200
Geological Onsite service (22 dys) $24,650 $16,150 $850 $850 $850 $850
14034 Geophysical Services (8 dys) $9,000
H₂S Services (22 dys) $2,900
14006 Insurance - Regulatory-Legal $70,000
14004 Location Staking/Survey $1,500 $1,100
Medical Facility and Personnel (22 dys) $10,150 $31,500 $350 $350 $350 $350 $350 $350 $350
14046 Misc. supplies/services (22 dys) $14,500
Mud Cleaning Equipment $0 $52,250
14014 Mud Chemicals $125,000 $54,597 $2,905 $1,975 $666 $167 $2,337 $329 $11,722
14016 Mud Engineer (22 dys) $14,500 $17,500 $500 $500 $500 $500 $500 $500 $500
14033 Mud Logging (Standby) (6 dys) $12,300 $2,400 $1,200
14033 Mud Logging (Equipment & Personnel) (22 dys) $62,350 $49,000 $1,750 $1,750 $1,750 $1,750 $1,750 $1,750
14009 Mob/Demob (Trucking and Cranes) (2) $300,000 $250,000
14053 Overhead (22 dys) $29,000
14004 Permits $5,000
14005 Roads & Locations (sites Construction) $200,000 $326,749
14005 Roads & Locations rehabilitation $75,000
14027 Rental Equipment (22 dys) $171,000 $587,050 $5,950 $5,950 $5,950 $5,950 $5,950 $5,950 $5,950
Roustabout Labour (welder/electrician) $14,500 $6,750 $1,500 $1,500 $3,000
14008 Site Security (31 dys) $0
14015 Solid Control & Other Fluid handling Equipment $12,250
Stimulation of Well/Acid/swabbing gear/Xylene $0 $27,798
14007 Surface Damages and Fees $5,000
Survey open/cased holes $10,000
Subsistence/Travel/Hotel accomodations (4 dys) $6,000 $6,078
Testing equipment/Tanks $0
Trucking / transportation (Hotshot-Ocean/Air Freight) $25,000 $43,730 $1,500
Water well (Rig 17) $65,000 $61,124
14017 Water Transportation (22 dys) $8,700
Welding/fabrication (22 dys) $7,250 $23,250 $250 $250 $250 $250 $250 $250 $250
Well control equipment $0
14032 Well logging (Wireline) $106,000 $112,577
Workover operations (TBD) $0

TOTAL COST TO CASING POINT - INTANGIBLES $4,140,721 $5,685,636 $98,710 $54,995 $51,431 $54,052 $52,512 $71,734 $61,532
COMPLETION COSTS: TANGIBLES
Prod Casing 0 $0
Tubing and Misc Tbg Equip 0 $0
Downhole Equipment $0
Wellhead Equipment $0

TOTAL CASED HOLE COST $4,571,295 $5,953,733 $98,710 $54,995 $51,431 $54,052 $131,382 $71,734 $67,132
AFE WELL COST $958,524 $1,013,519 $1,064,951 $1,119,002 $1,250,384 $1,322,118 $1,389,251
14 15 16 17 18 19 20
RANGE RESOURCES
WELL: #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF!
AFE: #REF! DAY # DAY # DAY # DAY # DAY # DAY # DAY # DAY # DAY # DAY # DAY #
3/15/13 3/16/13 3/17/13 3/18/13 3/19/13 3/20/13 3/21/13 3/22/13 3/23/13 3/24/13 3/25/13
CODE NEW DRILL AFE $ CUM 21 22 23 24 25 26 27 28 29 30 31
COSTS TO CASING POINT: TANGIBLES
14100 Cellar $31,000
14101 Conductor Casing 30 " $0
14102 Conductor Casing 20" (33 ft0 $2,218
14103 Surface Casing (13 3/8" 61#) (150 ft) $13,356 $9,483
14104 Intermediate Casing (9 5/8" 40#) (1200ft) $80,000 $78,871
14105 Production Casing (7") (3,500 ft) $121,500 $102,624
14106 2 7/8" Tubing for Production (3500ft) $22,500 $43,260
14107 2 7/8" Tubing/DST $5,000
14108 Tubing Accessories (packers/blast joints, etc) $25,000 $26,025
14109 Casing Accessories (Cent/Floating Equipment) $10,000 $2,234
14110 Wellhead Equipment (A & B Sections) $120,000 $5,600
TOTAL COST TANGIBLE MATERIALS $430,574 $268,097 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

Air Compressors $0
Camp Mob and rig up $5,000 $5,000
14008 Camp & catering/Accomodations (31 dys) $171,000 $250,295 $2,675 $2,675 $2,675 $2,675 $2,675 $4,475 $2,675 $2,675 $2,450 $2,450 $2,450
Casing Inspection & Repairs $0
14019 Cement (readymix) 13 3/8" (3 dys) $2,700 $7,226
14019 Cement & Services 9 5/8" $125,000 $139,946 $6,958 $3,250 $3,250 $8,014 $3,250 $3,250 $3,250 $3,250 $3,250 $3,250 $3,250
14019 Cement & Services 7" $175,000 $194,482
14045 Communications (Telecommunications/Rig Inst) 31 dys $4,471 $17,610 $510 $510 $510 $510 $510 $510 $510 $510 $510 $510 $510
Conductor, rat & mouse hole, surface casing/ Rig #17 $75,000 $34,000
Coring Services $0
14022 Core & Fluid Analysis $0
14003 Contingency $150,000
14040 Drilling Consultant (Office Engineering/Management) 6 dys $2,400 $2,000
14041 Drilling Consultant (On-site Supervision) 31 dys $53,200 $18,000 $500 $500 $500 $500 $500 $500 $500 $500 $500 $500 $500
Drilling Contractor - Footage/Turnkey $0
14011 Drilling Rig (move/standby rate) (9 dys) $205,200 $313,500
14011 Drilling Rig - Day rate (22 dys) $870,000 $2,310,000 $30,000 $30,000 $30,000 $30,000 $30,000 $30,000 $30,000 $30,000 $30,000 $30,000 $30,000
14018 Drilling bits/reamers/stabilizers $350,000 $213,415 $850 $850 $850 $850 $850 $850 $850 $15,850 $20,850 $15,850 $850
Drilling Jar Rentals (22 dys) $21,750 $61,180 $665 $665 $665 $665 $665 $665 $665 $665 $665 $665 $665
Drill String Rent $0
Drill String Inspection $70,000
Drill String repair/replace (22 dys) $29,000
Directional Tools & Services/Mud Motor rental $0
14035 Drill Stem Testing equipment $200,000 $363,000
14049 Environmental Services (ECPS and EIAs) $10,000
Expendables (22 dys) $21,750 $25,800 $3,000 $3,000
Fire & Safety Equipment (31 dys) $19,000
14028 Fishing Services $12,500
CODE NEW DRILL AFE $ CUM 21 22 23 24 25 26 27 28 29 30 31
Fishing Tool Rental $0
14024 Fuel/Electricity (24 dys) $174,000 $60,580 $1,490 $480 $740 $1,900 $1,650 $720 $2,630 $470 $480
14034 Geological Supervision (8 dys) $7,200
Geological Onsite service (22 dys) $24,650 $16,150 $850 $850 $850
14034 Geophysical Services (8 dys) $9,000
H₂S Services (22 dys) $2,900
14006 Insurance - Regulatory-Legal $70,000
14004 Location Staking/Survey $1,500 $1,100
Medical Facility and Personnel (22 dys) $10,150 $31,500 $350 $350 $350 $350 $350 $350 $350 $350 $350 $350 $350
14046 Misc. supplies/services (22 dys) $14,500
Mud Cleaning Equipment $0 $52,250 $2,750 $2,750 $2,750
14014 Mud Chemicals $125,000 $54,597 $1,674 $3,296 $855 $2,849 $2,441 $4,324 $1,641 $1,488 $750 $1,592 $1,873
14016 Mud Engineer (22 dys) $14,500 $17,500 $500 $500 $500 $500 $500 $500 $500 $500 $500 $500 $500
14033 Mud Logging (Standby) (6 dys) $12,300 $2,400 $1,200
14033 Mud Logging (Equipment & Personnel) (22 dys) $62,350 $49,000 $1,750 $1,750 $1,750 $1,750 $1,750 $1,750 $1,750 $1,750 $1,750 $1,750
14009 Mob/Demob (Trucking and Cranes) (2) $300,000 $250,000
14053 Overhead (22 dys) $29,000
14004 Permits $5,000
14005 Roads & Locations (sites Construction) $200,000 $326,749
14005 Roads & Locations rehabilitation $75,000
14027 Rental Equipment (22 dys) $171,000 $587,050 $5,950 $5,950 $5,950 $5,950 $5,950 $5,950 $5,950 $5,950 $5,950 $5,950 $5,950
Roustabout Labour (welder/electrician) $14,500 $6,750
14008 Site Security (31 dys) $0
14015 Solid Control & Other Fluid handling Equipment $12,250
Stimulation of Well/Acid/swabbing gear/Xylene $0 $27,798
14007 Surface Damages and Fees $5,000
Survey open/cased holes $10,000
Subsistence/Travel/Hotel accomodations (4 dys) $6,000 $6,078
Testing equipment/Tanks $0
Trucking / transportation (Hotshot-Ocean/Air Freight) $25,000 $43,730 $1,500 $1,500 $1,500
Water well (Rig 17) $65,000 $61,124
14017 Water Transportation (22 dys) $8,700
Welding/fabrication (22 dys) $7,250 $23,250 $250 $250 $250 $250 $250 $250 $250 $250 $250 $250 $250
Well control equipment $0
14032 Well logging (Wireline) $106,000 $112,577
Workover operations (TBD) $0

TOTAL COST TO CASING POINT - INTANGIBLES $4,140,721 $5,685,636 $54,972 $51,876 $48,295 $57,863 $51,591 $54,874 $52,041 $68,958 $73,155 $66,837 $52,978
COMPLETION COSTS: TANGIBLES
Prod Casing 0 $0
Tubing and Misc Tbg Equip 0 $0
Downhole Equipment $0
Wellhead Equipment $0

TOTAL CASED HOLE COST $4,571,295 $5,953,733 $54,972 $51,876 $48,295 $57,863 $51,591 $54,874 $52,041 $68,958 $73,155 $66,837 $52,978
AFE WELL COST $1,444,223 $1,496,098 $1,544,394 ### $1,653,848 $1,708,722 $1,760,763 $1,829,722 ### $1,969,713 $2,022,691
21 22 23 24 25 26 27 28 29 30 31
RANGE RESOURCES
WELL: #REF! #REF! #REF! #REF!
AFE: #REF! DAY # DAY # DAY #
3/26/13 3/27/13 3/28/13 3/29/13 3/30/13 3/31/13 4/1/13 4/2/13 4/3/13 4/4/13 4/5/13
CODE NEW DRILL AFE $ CUM 32 33 34 35 36 37 38 39 40 41 42
COSTS TO CASING POINT: TANGIBLES
14100 Cellar $31,000
14101 Conductor Casing 30 " $0
14102 Conductor Casing 20" (33 ft0 $2,218
14103 Surface Casing (13 3/8" 61#) (150 ft) $13,356 $9,483
14104 Intermediate Casing (9 5/8" 40#) (1200ft) $80,000 $78,871
14105 Production Casing (7") (3,500 ft) $121,500 $102,624
14106 2 7/8" Tubing for Production (3500ft) $22,500 $43,260
14107 2 7/8" Tubing/DST $5,000
14108 Tubing Accessories (packers/blast joints, etc) $25,000 $26,025
14109 Casing Accessories (Cent/Floating Equipment) $10,000 $2,234 $1,020
14110 Wellhead Equipment (A & B Sections) $120,000 $5,600
TOTAL COST TANGIBLE MATERIALS $430,574 $268,097 $0 $1,020 $0 $0 $0 $0 $0 $0 $0 $0 $0

Air Compressors $0
Camp Mob and rig up $5,000 $5,000
14008 Camp & catering/Accomodations (31 dys) $171,000 $250,295 $2,450 $2,450 $2,375 $2,600 $2,600 $2,900 $2,900 $2,750 $2,750 $2,600 $2,600
Casing Inspection & Repairs $0
14019 Cement (readymix) 13 3/8" (3 dys) $2,700 $7,226
14019 Cement & Services 9 5/8" $125,000 $139,946 $3,250 $3,250 $3,250 $3,250 $3,250 $3,250 $3,250 $3,250 $3,250 $3,250 $3,250
14019 Cement & Services 7" $175,000 $194,482
14045 Communications (Telecommunications/Rig Inst) 31 dys $4,471 $17,610 $510 $510 $510 $510 $510 $510 $510 $510 $510 $510 $510
Conductor, rat & mouse hole, surface casing/ Rig #17 $75,000 $34,000
Coring Services $0
14022 Core & Fluid Analysis $0
14003 Contingency $150,000
14040 Drilling Consultant (Office Engineering/Management) 6 dys $2,400 $2,000
14041 Drilling Consultant (On-site Supervision) 31 dys $53,200 $18,000 $500 $500 $500 $500 $500 $500 $500 $500 $500 $500 $500
Drilling Contractor - Footage/Turnkey $0
14011 Drilling Rig (move/standby rate) (9 dys) $205,200 $313,500
14011 Drilling Rig - Day rate (22 dys) $870,000 $2,310,000 $30,000 $30,000 $30,000 $30,000 $30,000 $30,000 $30,000 $30,000 $30,000 $30,000 $30,000
14018 Drilling bits/reamers/stabilizers $350,000 $213,415 $850 $15,850 $850 $850 $850 $15,850 $850 $850 $850 $850 $850
Drilling Jar Rentals (22 dys) $21,750 $61,180 $665 $665 $665 $665 $665 $665 $665 $665 $665 $665 $665
Drill String Rent $0
Drill String Inspection $70,000
Drill String repair/replace (22 dys) $29,000
Directional Tools & Services/Mud Motor rental $0
14035 Drill Stem Testing equipment $200,000 $363,000 $66,000
14049 Environmental Services (ECPS and EIAs) $10,000
Expendables (22 dys) $21,750 $25,800 $2,100
Fire & Safety Equipment (31 dys) $19,000
14028 Fishing Services $12,500
CODE NEW DRILL AFE $ CUM 32 33 34 35 36 37 38 39 40 41 42
Fishing Tool Rental $0
14024 Fuel/Electricity (24 dys) $174,000 $60,580 $1,840 $3,090 $2,190 $1,990 $1,170
14034 Geological Supervision (8 dys) $7,200
Geological Onsite service (22 dys) $24,650 $16,150 $850 $850 $850 $850 $850 $850 $850 $850 $850 $850 $850
14034 Geophysical Services (8 dys) $9,000
H₂S Services (22 dys) $2,900
14006 Insurance - Regulatory-Legal $70,000
14004 Location Staking/Survey $1,500 $1,100
Medical Facility and Personnel (22 dys) $10,150 $31,500 $350 $350 $350 $350 $350 $350 $350 $350 $350 $350 $350
14046 Misc. supplies/services (22 dys) $14,500
Mud Cleaning Equipment $0 $52,250 $2,750 $2,750 $2,750 $2,750 $2,750 $2,750 $2,750 $2,750 $2,750 $2,750 $2,750
14014 Mud Chemicals $125,000 $54,597 $2,035 $1,219 $458 $1,254 $1,142 $503 $1,011 $218
14016 Mud Engineer (22 dys) $14,500 $17,500 $500 $500 $500 $500 $500 $500 $500 $500 $500 $500 $500
14033 Mud Logging (Standby) (6 dys) $12,300 $2,400
14033 Mud Logging (Equipment & Personnel) (22 dys) $62,350 $49,000 $1,750 $1,750 $1,750 $1,750 $1,750 $1,750 $1,750 $1,750 $1,750 $1,750 $1,750
14009 Mob/Demob (Trucking and Cranes) (2) $300,000 $250,000
14053 Overhead (22 dys) $29,000
14004 Permits $5,000
14005 Roads & Locations (sites Construction) $200,000 $326,749
14005 Roads & Locations rehabilitation $75,000
14027 Rental Equipment (22 dys) $171,000 $587,050 $5,950 $5,950 $5,950 $5,950 $5,950 $5,950 $5,950 $5,950 $5,950 $5,950 $5,950
Roustabout Labour (welder/electrician) $14,500 $6,750
14008 Site Security (31 dys) $0
14015 Solid Control & Other Fluid handling Equipment $12,250
Stimulation of Well/Acid/swabbing gear/Xylene $0 $27,798 $474 $1,005
14007 Surface Damages and Fees $5,000
Survey open/cased holes $10,000
Subsistence/Travel/Hotel accomodations (4 dys) $6,000 $6,078
Testing equipment/Tanks $0
Trucking / transportation (Hotshot-Ocean/Air Freight) $25,000 $43,730 $750 $750 $750 $1,500 $1,500
Water well (Rig 17) $65,000 $61,124
14017 Water Transportation (22 dys) $8,700
Welding/fabrication (22 dys) $7,250 $23,250 $250 $250 $250 $250 $250 $250 $250 $250 $250 $250 $250
Well control equipment $0
14032 Well logging (Wireline) $106,000 $112,577
Workover operations (TBD) $0

TOTAL COST TO CASING POINT - INTANGIBLES $4,140,721 $5,685,636 $52,660 $68,684 $54,098 $54,969 $52,667 $66,825 $52,575 $51,399 $51,428 $55,276 $121,268
COMPLETION COSTS: TANGIBLES
Prod Casing 0 $0
Tubing and Misc Tbg Equip 0 $0
Downhole Equipment $0
Wellhead Equipment $0

TOTAL CASED HOLE COST $4,571,295 $5,953,733 $52,660 $69,704 $54,098 $54,969 $52,667 $66,825 $52,575 $51,399 $51,428 $55,276 $121,268
AFE WELL COST $2,075,352 $2,145,056 $2,199,154 $2,254,124 $2,306,790 $2,373,615 $2,426,190 ### $2,529,018 $2,584,294 $2,705,561
32 33 34 35 36 37 38 39 40 41 42
RANGE RESOURCES
WELL: #REF!
AFE: #REF!
4/6/13 4/7/13 4/8/13 4/9/13
CODE NEW DRILL AFE $ CUM 43 44 45 46
COSTS TO CASING POINT: TANGIBLES
14100 Cellar $31,000
14101 Conductor Casing 30 " $0
14102 Conductor Casing 20" (33 ft0 $2,218
14103 Surface Casing (13 3/8" 61#) (150 ft) $13,356 $9,483
14104 Intermediate Casing (9 5/8" 40#) (1200ft) $80,000 $78,871
14105 Production Casing (7") (3,500 ft) $121,500 $102,624 $102,624
14106 2 7/8" Tubing for Production (3500ft) $22,500 $43,260
14107 2 7/8" Tubing/DST $5,000
14108 Tubing Accessories (packers/blast joints, etc) $25,000 $26,025
14109 Casing Accessories (Cent/Floating Equipment) $10,000 $2,234 $1,214
14110 Wellhead Equipment (A & B Sections) $120,000 $5,600
TOTAL COST TANGIBLE MATERIALS $430,574 $268,097 $0 $0 $102,624 $1,214

Air Compressors $0
Camp Mob and rig up $5,000 $5,000
14008 Camp & catering/Accomodations (31 dys) $171,000 $250,295 $2,870 $2,870 $2,675 $2,675
Casing Inspection & Repairs $0
14019 Cement (readymix) 13 3/8" (3 dys) $2,700 $7,226
14019 Cement & Services 9 5/8" $125,000 $139,946 $3,250
14019 Cement & Services 7" $175,000 $194,482 $715 $3,250 $3,250 $5,681
14045 Communications (Telecommunications/Rig Inst) 31 dys $4,471 $17,610 $510
Conductor, rat & mouse hole, surface casing/ Rig #17 $75,000 $34,000
Coring Services $0
14022 Core & Fluid Analysis $0
14003 Contingency $150,000
14040 Drilling Consultant (Office Engineering/Management) 6 dys $2,400 $2,000
14041 Drilling Consultant (On-site Supervision) 31 dys $53,200 $18,000 $500 $500 $500 $500
Drilling Contractor - Footage/Turnkey $0
14011 Drilling Rig (move/standby rate) (9 dys) $205,200 $313,500
14011 Drilling Rig - Day rate (22 dys) $870,000 $2,310,000 $30,000 $30,000 $30,000 $30,000
14018 Drilling bits/reamers/stabilizers $350,000 $213,415 $850 $850 $850 $850
Drilling Jar Rentals (22 dys) $21,750 $61,180 $665 $665 $665 $665
Drill String Rent $0
Drill String Inspection $70,000
Drill String repair/replace (22 dys) $29,000
Directional Tools & Services/Mud Motor rental $0
14035 Drill Stem Testing equipment $200,000 $363,000
14049 Environmental Services (ECPS and EIAs) $10,000
Expendables (22 dys) $21,750 $25,800
Fire & Safety Equipment (31 dys) $19,000
14028 Fishing Services $12,500
CODE NEW DRILL AFE $ CUM 43 44 45 46
Fishing Tool Rental $0
14024 Fuel/Electricity (24 dys) $174,000 $60,580 $1,650
14034 Geological Supervision (8 dys) $7,200
Geological Onsite service (22 dys) $24,650 $16,150 $850
14034 Geophysical Services (8 dys) $9,000
H₂S Services (22 dys) $2,900
14006 Insurance - Regulatory-Legal $70,000
14004 Location Staking/Survey $1,500 $1,100
Medical Facility and Personnel (22 dys) $10,150 $31,500 $350 $350 $350 $350
14046 Misc. supplies/services (22 dys) $14,500
Mud Cleaning Equipment $0 $52,250 $2,750 $2,750 $2,750 $2,750
14014 Mud Chemicals $125,000 $54,597 $840
14016 Mud Engineer (22 dys) $14,500 $17,500 $500 $500 $500 $500
14033 Mud Logging (Standby) (6 dys) $12,300 $2,400
14033 Mud Logging (Equipment & Personnel) (22 dys) $62,350 $49,000 $1,750
14009 Mob/Demob (Trucking and Cranes) (2) $300,000 $250,000
14053 Overhead (22 dys) $29,000
14004 Permits $5,000
14005 Roads & Locations (sites Construction) $200,000 $326,749
14005 Roads & Locations rehabilitation $75,000
14027 Rental Equipment (22 dys) $171,000 $587,050 $5,950 $5,950 $5,950 $5,950
Roustabout Labour (welder/electrician) $14,500 $6,750
14008 Site Security (31 dys) $0
14015 Solid Control & Other Fluid handling Equipment $12,250
Stimulation of Well/Acid/swabbing gear/Xylene $0 $27,798
14007 Surface Damages and Fees $5,000
Survey open/cased holes $10,000
Subsistence/Travel/Hotel accomodations (4 dys) $6,000 $6,078 $6,078
Testing equipment/Tanks $0
Trucking / transportation (Hotshot-Ocean/Air Freight) $25,000 $43,730
Water well (Rig 17) $65,000 $61,124
14017 Water Transportation (22 dys) $8,700
Welding/fabrication (22 dys) $7,250 $23,250 $250 $250 $250 $250
Well control equipment $0
14032 Well logging (Wireline) $106,000 $112,577 $112,575
Workover operations (TBD) $0

TOTAL COST TO CASING POINT - INTANGIBLES $4,140,721 $5,685,636 $170,413 $47,935 $50,230 $50,171
COMPLETION COSTS: TANGIBLES
Prod Casing 0 $0
Tubing and Misc Tbg Equip 0 $0
Downhole Equipment $0
Wellhead Equipment $0

TOTAL CASED HOLE COST $4,571,295 $5,953,733 $170,413 $47,935 $152,854 $51,385
AFE WELL COST $2,875,974 $2,923,909 $3,076,763 $3,128,148
43 44 45 46
RANGE RESOURCES
WELL: #REF!
AFE: #REF!
4/10/13 4/11/13 4/12/13 4/13/13 4/14/13 4/15/13 4/16/13 4/17/13 4/18/13 4/19/13 4/20/13 4/21/13
CODE NEW DRILL AFE $ CUM 47 48 49 50 51 52 53 54 55 56 57 58
COSTS TO CASING POINT: TANGIBLES
14100 Cellar $31,000
14101 Conductor Casing 30 " $0
14102 Conductor Casing 20" (33 ft0 $2,218
14103 Surface Casing (13 3/8" 61#) (150 ft) $13,356 $9,483
14104 Intermediate Casing (9 5/8" 40#) (1200ft) $80,000 $78,871
14105 Production Casing (7") (3,500 ft) $121,500 $102,624
14106 2 7/8" Tubing for Production (3500ft) $22,500 $43,260 $43,260
14107 2 7/8" Tubing/DST $5,000
14108 Tubing Accessories (packers/blast joints, etc) $25,000 $26,025 $26,025
14109 Casing Accessories (Cent/Floating Equipment) $10,000 $2,234
14110 Wellhead Equipment (A & B Sections) $120,000 $5,600
TOTAL COST TANGIBLE MATERIALS $430,574 $268,097 $0 $0 $0 $0 $0 $0 $0 $0 $26,025 $0 $43,260 $0

Air Compressors $0
Camp Mob and rig up $5,000 $5,000
14008 Camp & catering/Accomodations (31 dys) $171,000 $250,295 $2,675 $2,000 $2,000 $2,000 $2,000 $2,000 $2,300 $2,300 $2,300 $2,300 $2,300 $2,300
Casing Inspection & Repairs $0
14019 Cement (readymix) 13 3/8" (3 dys) $2,700 $7,226
14019 Cement & Services 9 5/8" $125,000 $139,946
14019 Cement & Services 7" $175,000 $194,482 $5,681 $3,250 $3,250 $3,250 $3,250 $3,250 $3,250 $3,250 $3,250 $3,250 $3,250 $3,250
14045 Communications (Telecommunications/Rig Inst) 31 dys $4,471 $17,610
Conductor, rat & mouse hole, surface casing/ Rig #17 $75,000 $34,000
Coring Services $0
14022 Core & Fluid Analysis $0
14003 Contingency $150,000
14040 Drilling Consultant (Office Engineering/Management) 6 dys $2,400 $2,000 $2,000
14041 Drilling Consultant (On-site Supervision) 31 dys $53,200 $18,000 $500 $500
Drilling Contractor - Footage/Turnkey $0
14011 Drilling Rig (move/standby rate) (9 dys) $205,200 $313,500 $28,500 $28,500 $28,500
14011 Drilling Rig - Day rate (22 dys) $870,000 $2,310,000 $30,000 $30,000 $30,000 $30,000 $30,000 $30,000 $30,000 $30,000 $30,000
14018 Drilling bits/reamers/stabilizers $350,000 $213,415 $850 $850 $850 $850 $850 $850 $850 $850 $850 $850 $850 $850
Drilling Jar Rentals (22 dys) $21,750 $61,180 $665 $665 $665 $665 $665 $665 $665 $665 $665 $665 $665 $665
Drill String Rent $0
Drill String Inspection $70,000
Drill String repair/replace (22 dys) $29,000
Directional Tools & Services/Mud Motor rental $0
14035 Drill Stem Testing equipment $200,000 $363,000 $16,500 $16,500 $16,500 $16,500
14049 Environmental Services (ECPS and EIAs) $10,000
Expendables (22 dys) $21,750 $25,800 $560 $280 $280 $140
Fire & Safety Equipment (31 dys) $19,000
14028 Fishing Services $12,500
CODE NEW DRILL AFE $ CUM 47 48 49 50 51 52 53 54 55 56 57 58
Fishing Tool Rental $0
14024 Fuel/Electricity (24 dys) $174,000 $60,580 $270
14034 Geological Supervision (8 dys) $7,200
Geological Onsite service (22 dys) $24,650 $16,150
14034 Geophysical Services (8 dys) $9,000
H₂S Services (22 dys) $2,900
14006 Insurance - Regulatory-Legal $70,000
14004 Location Staking/Survey $1,500 $1,100
Medical Facility and Personnel (22 dys) $10,150 $31,500 $350 $350 $350 $350 $350 $350 $350 $350 $350 $350 $350 $350
14046 Misc. supplies/services (22 dys) $14,500
Mud Cleaning Equipment $0 $52,250 $2,750
14014 Mud Chemicals $125,000 $54,597 $1,839 $242
14016 Mud Engineer (22 dys) $14,500 $17,500 $500
14033 Mud Logging (Standby) (6 dys) $12,300 $2,400
14033 Mud Logging (Equipment & Personnel) (22 dys) $62,350 $49,000
14009 Mob/Demob (Trucking and Cranes) (2) $300,000 $250,000
14053 Overhead (22 dys) $29,000
14004 Permits $5,000
14005 Roads & Locations (sites Construction) $200,000 $326,749
14005 Roads & Locations rehabilitation $75,000
14027 Rental Equipment (22 dys) $171,000 $587,050 $5,950 $5,950 $5,950 $5,950 $5,950 $5,950 $5,950 $5,950 $5,950 $5,950 $5,950 $5,950
Roustabout Labour (welder/electrician) $14,500 $6,750
14008 Site Security (31 dys) $0
14015 Solid Control & Other Fluid handling Equipment $12,250
Stimulation of Well/Acid/swabbing gear/Xylene $0 $27,798 $330 $165 $165 $165 $165
14007 Surface Damages and Fees $5,000
Survey open/cased holes $10,000
Subsistence/Travel/Hotel accomodations (4 dys) $6,000 $6,078
Testing equipment/Tanks $0
Trucking / transportation (Hotshot-Ocean/Air Freight) $25,000 $43,730 $750 $750 $750 $750
Water well (Rig 17) $65,000 $61,124
14017 Water Transportation (22 dys) $8,700
Welding/fabrication (22 dys) $7,250 $23,250 $250 $250 $250 $250 $250 $250 $250 $250 $250 $250 $250 $250
Well control equipment $0
14032 Well logging (Wireline) $106,000 $112,577 $2
Workover operations (TBD) $0

TOTAL COST TO CASING POINT - INTANGIBLES $4,140,721 $5,685,636 $52,760 $46,567 $42,565 $42,565 $41,815 $43,315 $43,615 $43,945 $61,082 $60,830 $60,560 $60,420
COMPLETION COSTS: TANGIBLES
Prod Casing 0 $0
Tubing and Misc Tbg Equip 0 $0
Downhole Equipment $0
Wellhead Equipment $0

TOTAL CASED HOLE COST $4,571,295 $5,953,733 $52,760 $46,567 $42,565 $42,565 $41,815 $43,315 $43,615 $43,945 $87,107 $60,830 $103,820 $60,420
AFE WELL COST $3,180,908 $3,227,475 $3,270,040 $3,312,605 $3,354,420 $3,397,735 $3,441,350 $3,485,295 $3,572,403 $3,633,233 $3,737,053 $3,797,473
47 48 49 50 51 52 53 54 55 56 57 58
RANGE RESOURCES
WELL: #REF!
AFE: #REF!
4/22/13 4/23/13 4/24/13 4/25/13 4/26/13 4/27/13 4/28/13 4/29/13
CODE NEW DRILL AFE $ CUM 59 60 61 62 63 64 65 66
COSTS TO CASING POINT: TANGIBLES
14100 Cellar $31,000
14101 Conductor Casing 30 " $0
14102 Conductor Casing 20" (33 ft0 $2,218
14103 Surface Casing (13 3/8" 61#) (150 ft) $13,356 $9,483
14104 Intermediate Casing (9 5/8" 40#) (1200ft) $80,000 $78,871
14105 Production Casing (7") (3,500 ft) $121,500 $102,624
14106 2 7/8" Tubing for Production (3500ft) $22,500 $43,260
14107 2 7/8" Tubing/DST $5,000
14108 Tubing Accessories (packers/blast joints, etc) $25,000 $26,025
14109 Casing Accessories (Cent/Floating Equipment) $10,000 $2,234
14110 Wellhead Equipment (A & B Sections) $120,000 $5,600
TOTAL COST TANGIBLE MATERIALS $430,574 $268,097 $0 $0 $0 $0 $0 $0 $0 $0

Air Compressors $0
Camp Mob and rig up $5,000 $5,000
14008 Camp & catering/Accomodations (31 dys) $171,000 $250,295 $2,150 $2,150 $2,150 $2,225 $2,225 $2,150 $2,150 $2,150
Casing Inspection & Repairs $0
14019 Cement (readymix) 13 3/8" (3 dys) $2,700 $7,226
14019 Cement & Services 9 5/8" $125,000 $139,946 $22,192
14019 Cement & Services 7" $175,000 $194,482 $3,250 $3,250 $3,250 $3,250 $3,655 $3,250 $3,250 $3,250
14045 Communications (Telecommunications/Rig Inst) 31 dys $4,471 $17,610
Conductor, rat & mouse hole, surface casing/ Rig #17 $75,000 $34,000
Coring Services $0
14022 Core & Fluid Analysis $0
14003 Contingency $150,000
14040 Drilling Consultant (Office Engineering/Management) 6 dys $2,400 $2,000
14041 Drilling Consultant (On-site Supervision) 31 dys $53,200 $18,000
Drilling Contractor - Footage/Turnkey $0
14011 Drilling Rig (move/standby rate) (9 dys) $205,200 $313,500 $28,500 $28,500 $28,500 $28,500 $28,500
14011 Drilling Rig - Day rate (22 dys) $870,000 $2,310,000 $30,000 $30,000 $30,000
14018 Drilling bits/reamers/stabilizers $350,000 $213,415 $850 $850 $850 $850 $850 $850 $850 $850
Drilling Jar Rentals (22 dys) $21,750 $61,180 $665 $665 $665 $665 $665 $665 $665 $665
Drill String Rent $0
Drill String Inspection $70,000
Drill String repair/replace (22 dys) $29,000
Directional Tools & Services/Mud Motor rental $0
14035 Drill Stem Testing equipment $200,000 $363,000 $16,500
14049 Environmental Services (ECPS and EIAs) $10,000
Expendables (22 dys) $21,750 $25,800
Fire & Safety Equipment (31 dys) $19,000
14028 Fishing Services $12,500
CODE NEW DRILL AFE $ CUM 59 60 61 62 63 64 65 66
Fishing Tool Rental $0
14024 Fuel/Electricity (24 dys) $174,000 $60,580 $0
14034 Geological Supervision (8 dys) $7,200
Geological Onsite service (22 dys) $24,650 $16,150
14034 Geophysical Services (8 dys) $9,000
H₂S Services (22 dys) $2,900
14006 Insurance - Regulatory-Legal $70,000
14004 Location Staking/Survey $1,500 $1,100
Medical Facility and Personnel (22 dys) $10,150 $31,500 $350 $350 $350 $350 $350 $350 $350 $350
14046 Misc. supplies/services (22 dys) $14,500
Mud Cleaning Equipment $0 $52,250
14014 Mud Chemicals $125,000 $54,597
14016 Mud Engineer (22 dys) $14,500 $17,500
14033 Mud Logging (Standby) (6 dys) $12,300 $2,400
14033 Mud Logging (Equipment & Personnel) (22 dys) $62,350 $49,000
14009 Mob/Demob (Trucking and Cranes) (2) $300,000 $250,000
14053 Overhead (22 dys) $29,000
14004 Permits $5,000
14005 Roads & Locations (sites Construction) $200,000 $326,749
14005 Roads & Locations rehabilitation $75,000
14027 Rental Equipment (22 dys) $171,000 $587,050 $5,950 $5,950 $5,950 $5,950 $5,950 $5,950 $5,950 $5,950
Roustabout Labour (welder/electrician) $14,500 $6,750
14008 Site Security (31 dys) $0
14015 Solid Control & Other Fluid handling Equipment $12,250
Stimulation of Well/Acid/swabbing gear/Xylene $0 $27,798
14007 Surface Damages and Fees $5,000
Survey open/cased holes $10,000
Subsistence/Travel/Hotel accomodations (4 dys) $6,000 $6,078
Testing equipment/Tanks $0
Trucking / transportation (Hotshot-Ocean/Air Freight) $25,000 $43,730
Water well (Rig 17) $65,000 $61,124
14017 Water Transportation (22 dys) $8,700
Welding/fabrication (22 dys) $7,250 $23,250 $250 $250 $250 $250 $250 $250 $250 $250
Well control equipment $0
14032 Well logging (Wireline) $106,000 $112,577
Workover operations (TBD) $0

TOTAL COST TO CASING POINT - INTANGIBLES $4,140,721 $5,685,636 $59,965 $41,965 $41,965 $65,732 $43,945 $41,965 $41,965 $41,965
COMPLETION COSTS: TANGIBLES
Prod Casing 0 $0
Tubing and Misc Tbg Equip 0 $0
Downhole Equipment $0
Wellhead Equipment $0

TOTAL CASED HOLE COST $4,571,295 $5,953,733 $59,965 $41,965 $41,965 $65,732 $43,945 $41,965 $41,965 $41,965
AFE WELL COST $3,857,438 $3,899,403 $3,941,368 $4,007,099 $4,051,044 $4,093,009 $4,134,974 $4,176,939
59 60 61 62 63 64 65 66
RANGE RESOURCES
WELL: #REF!
AFE: #REF!
4/30/13 5/1/13 5/2/13 5/3/13 5/4/13 5/5/13 5/6/13 5/7/13 5/8/13 5/9/13 5/10/13
CODE NEW DRILL AFE $ CUM 67 68 69 70 71 72 73 74 75 76 77
COSTS TO CASING POINT: TANGIBLES
14100 Cellar $31,000
14101 Conductor Casing 30 " $0
14102 Conductor Casing 20" (33 ft0 $2,218
14103 Surface Casing (13 3/8" 61#) (150 ft) $13,356 $9,483
14104 Intermediate Casing (9 5/8" 40#) (1200ft) $80,000 $78,871
14105 Production Casing (7") (3,500 ft) $121,500 $102,624
14106 2 7/8" Tubing for Production (3500ft) $22,500 $43,260
14107 2 7/8" Tubing/DST $5,000
14108 Tubing Accessories (packers/blast joints, etc) $25,000 $26,025
14109 Casing Accessories (Cent/Floating Equipment) $10,000 $2,234
14110 Wellhead Equipment (A & B Sections) $120,000 $5,600
TOTAL COST TANGIBLE MATERIALS $430,574 $268,097 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

Air Compressors $0
Camp Mob and rig up $5,000 $5,000
14008 Camp & catering/Accomodations (31 dys) $171,000 $250,295 $2,150 $2,150 $2,150 $2,075 $2,075 $2,075 $2,075 $2,150 $2,150 $2,150 $2,150
Casing Inspection & Repairs $0
14019 Cement (readymix) 13 3/8" (3 dys) $2,700 $7,226
14019 Cement & Services 9 5/8" $125,000 $139,946
14019 Cement & Services 7" $175,000 $194,482 $3,250 $3,250 $3,250 $3,250 $3,250 $3,250 $3,250 $3,250 $3,250 $3,250 $3,250
14045 Communications (Telecommunications/Rig Inst) 31 dys $4,471 $17,610
Conductor, rat & mouse hole, surface casing/ Rig #17 $75,000 $34,000
Coring Services $0
14022 Core & Fluid Analysis $0
14003 Contingency $150,000
14040 Drilling Consultant (Office Engineering/Management) 6 dys $2,400 $2,000
14041 Drilling Consultant (On-site Supervision) 31 dys $53,200 $18,000
Drilling Contractor - Footage/Turnkey $0
14011 Drilling Rig (move/standby rate) (9 dys) $205,200 $313,500
14011 Drilling Rig - Day rate (22 dys) $870,000 $2,310,000 $30,000 $30,000 $30,000 $30,000 $30,000 $30,000 $30,000 $30,000 $30,000 $30,000 $30,000
14018 Drilling bits/reamers/stabilizers $350,000 $213,415 $850 $850 $850 $850 $850 $850 $850 $850 $850 $850 $850
Drilling Jar Rentals (22 dys) $21,750 $61,180 $665 $665 $665 $665 $665 $665 $665 $665 $665 $665 $665
Drill String Rent $0
Drill String Inspection $70,000
Drill String repair/replace (22 dys) $29,000
Directional Tools & Services/Mud Motor rental $0
14035 Drill Stem Testing equipment $200,000 $363,000
14049 Environmental Services (ECPS and EIAs) $10,000
Expendables (22 dys) $21,750 $25,800 $700 $910 $210 $210 $840 $840 $210 $210 $210 $210
Fire & Safety Equipment (31 dys) $19,000
14028 Fishing Services $12,500
CODE NEW DRILL AFE $ CUM 67 68 69 70 71 72 73 74 75 76 77
Fishing Tool Rental $0
14024 Fuel/Electricity (24 dys) $174,000 $60,580 $6,370
14034 Geological Supervision (8 dys) $7,200
Geological Onsite service (22 dys) $24,650 $16,150
14034 Geophysical Services (8 dys) $9,000
H₂S Services (22 dys) $2,900
14006 Insurance - Regulatory-Legal $70,000
14004 Location Staking/Survey $1,500 $1,100
Medical Facility and Personnel (22 dys) $10,150 $31,500 $350 $350 $350 $350 $350 $350 $350 $350 $350 $350 $350
14046 Misc. supplies/services (22 dys) $14,500
Mud Cleaning Equipment $0 $52,250
14014 Mud Chemicals $125,000 $54,597
14016 Mud Engineer (22 dys) $14,500 $17,500
14033 Mud Logging (Standby) (6 dys) $12,300 $2,400
14033 Mud Logging (Equipment & Personnel) (22 dys) $62,350 $49,000
14009 Mob/Demob (Trucking and Cranes) (2) $300,000 $250,000
14053 Overhead (22 dys) $29,000
14004 Permits $5,000
14005 Roads & Locations (sites Construction) $200,000 $326,749
14005 Roads & Locations rehabilitation $75,000
14027 Rental Equipment (22 dys) $171,000 $587,050 $5,950 $5,950 $5,950 $5,950 $5,950 $5,950 $5,950 $5,950 $5,950 $5,950 $5,950
Roustabout Labour (welder/electrician) $14,500 $6,750
14008 Site Security (31 dys) $0
14015 Solid Control & Other Fluid handling Equipment $12,250
Stimulation of Well/Acid/swabbing gear/Xylene $0 $27,798 $3,315 $165 $165 $165 $165 $165 $165 $165 $165 $165
14007 Surface Damages and Fees $5,000
Survey open/cased holes $10,000
Subsistence/Travel/Hotel accomodations (4 dys) $6,000 $6,078
Testing equipment/Tanks $0
Trucking / transportation (Hotshot-Ocean/Air Freight) $25,000 $43,730 $1,500 $1,500 $1,500
Water well (Rig 17) $65,000 $61,124
14017 Water Transportation (22 dys) $8,700
Welding/fabrication (22 dys) $7,250 $23,250 $250 $250 $250 $250 $250 $250 $250 $250 $250 $250 $250
Well control equipment $0
14032 Well logging (Wireline) $106,000 $112,577
Workover operations (TBD) $0

TOTAL COST TO CASING POINT - INTANGIBLES $4,140,721 $5,685,636 $51,335 $48,980 $46,040 $43,765 $43,765 $44,395 $44,395 $43,840 $43,840 $43,840 $43,840
COMPLETION COSTS: TANGIBLES
Prod Casing 0 $0
Tubing and Misc Tbg Equip 0 $0
Downhole Equipment $0
Wellhead Equipment $0

TOTAL CASED HOLE COST $4,571,295 $5,953,733 $51,335 $48,980 $46,040 $43,765 $43,765 $44,395 $44,395 $43,840 $43,840 $43,840 $43,840
AFE WELL COST ### $4,277,254 $4,323,294 $4,367,059 $4,410,824 ### $4,499,614 $4,543,454 $4,587,294 $4,631,134 $4,674,974
67 68 69 70 71 72 73 74 75 76 77
RANGE RESOURCES
WELL: #REF!
AFE: #REF!
5/11/13 5/12/13 5/13/13 5/14/13 5/15/13 5/16/13 5/17/13 5/18/13 5/19/13
CODE NEW DRILL AFE $ CUM 78 79 80 81 82 83 84 85 86
COSTS TO CASING POINT: TANGIBLES
14100 Cellar $31,000
14101 Conductor Casing 30 " $0
14102 Conductor Casing 20" (33 ft0 $2,218
14103 Surface Casing (13 3/8" 61#) (150 ft) $13,356 $9,483
14104 Intermediate Casing (9 5/8" 40#) (1200ft) $80,000 $78,871
14105 Production Casing (7") (3,500 ft) $121,500 $102,624
14106 2 7/8" Tubing for Production (3500ft) $22,500 $43,260
14107 2 7/8" Tubing/DST $5,000
14108 Tubing Accessories (packers/blast joints, etc) $25,000 $26,025
14109 Casing Accessories (Cent/Floating Equipment) $10,000 $2,234
14110 Wellhead Equipment (A & B Sections) $120,000 $5,600
TOTAL COST TANGIBLE MATERIALS $430,574 $268,097 $0 $0 $0 $0 $0 $0 $0 $0 $0

Air Compressors $0
Camp Mob and rig up $5,000 $5,000
14008 Camp & catering/Accomodations (31 dys) $171,000 $250,295 $2,150 $2,150 $2,150 $2,150 $2,150 $2,150 $2,150 $2,150 $2,150
Casing Inspection & Repairs $0
14019 Cement (readymix) 13 3/8" (3 dys) $2,700 $7,226
14019 Cement & Services 9 5/8" $125,000 $139,946
14019 Cement & Services 7" $175,000 $194,482 $3,250 $3,250 $3,250 $3,250 $3,250 $3,250 $3,250 $3,250 $3,250
14045 Communications (Telecommunications/Rig Inst) 31 dys $4,471 $17,610
Conductor, rat & mouse hole, surface casing/ Rig #17 $75,000 $34,000
Coring Services $0
14022 Core & Fluid Analysis $0
14003 Contingency $150,000
14040 Drilling Consultant (Office Engineering/Management) 6 dys $2,400 $2,000
14041 Drilling Consultant (On-site Supervision) 31 dys $53,200 $18,000
Drilling Contractor - Footage/Turnkey $0
14011 Drilling Rig (move/standby rate) (9 dys) $205,200 $313,500
14011 Drilling Rig - Day rate (22 dys) $870,000 $2,310,000 $30,000 $30,000 $30,000 $30,000 $30,000 $30,000 $30,000 $30,000 $30,000
14018 Drilling bits/reamers/stabilizers $350,000 $213,415 $850 $850 $850 $850 $850 $850 $850 $850 $850
Drilling Jar Rentals (22 dys) $21,750 $61,180 $665 $665 $665 $665 $665 $665 $665 $665 $665
Drill String Rent $0
Drill String Inspection $70,000
Drill String repair/replace (22 dys) $29,000
Directional Tools & Services/Mud Motor rental $0
14035 Drill Stem Testing equipment $200,000 $363,000
14049 Environmental Services (ECPS and EIAs) $10,000
Expendables (22 dys) $21,750 $25,800 $210 $210 $210 $210
Fire & Safety Equipment (31 dys) $19,000
14028 Fishing Services $12,500
CODE NEW DRILL AFE $ CUM 78 79 80 81 82 83 84 85 86
Fishing Tool Rental $0
14024 Fuel/Electricity (24 dys) $174,000 $60,580
14034 Geological Supervision (8 dys) $7,200
Geological Onsite service (22 dys) $24,650 $16,150
14034 Geophysical Services (8 dys) $9,000
H₂S Services (22 dys) $2,900
14006 Insurance - Regulatory-Legal $70,000
14004 Location Staking/Survey $1,500 $1,100
Medical Facility and Personnel (22 dys) $10,150 $31,500 $350 $350 $350 $350 $350 $350 $350 $350 $350
14046 Misc. supplies/services (22 dys) $14,500
Mud Cleaning Equipment $0 $52,250
14014 Mud Chemicals $125,000 $54,597
14016 Mud Engineer (22 dys) $14,500 $17,500
14033 Mud Logging (Standby) (6 dys) $12,300 $2,400
14033 Mud Logging (Equipment & Personnel) (22 dys) $62,350 $49,000
14009 Mob/Demob (Trucking and Cranes) (2) $300,000 $250,000
14053 Overhead (22 dys) $29,000
14004 Permits $5,000
14005 Roads & Locations (sites Construction) $200,000 $326,749
14005 Roads & Locations rehabilitation $75,000
14027 Rental Equipment (22 dys) $171,000 $587,050 $5,950 $5,950 $5,950 $5,950 $5,950 $5,950 $5,950 $5,950 $5,950
Roustabout Labour (welder/electrician) $14,500 $6,750
14008 Site Security (31 dys) $0
14015 Solid Control & Other Fluid handling Equipment $12,250
Stimulation of Well/Acid/swabbing gear/Xylene $0 $27,798 $165 $165 $165 $165 $165 $165 $165 $165 $165
14007 Surface Damages and Fees $5,000
Survey open/cased holes $10,000
Subsistence/Travel/Hotel accomodations (4 dys) $6,000 $6,078
Testing equipment/Tanks $0
Trucking / transportation (Hotshot-Ocean/Air Freight) $25,000 $43,730
Water well (Rig 17) $65,000 $61,124
14017 Water Transportation (22 dys) $8,700
Welding/fabrication (22 dys) $7,250 $23,250 $250 $250 $250 $250 $250 $250 $250 $250 $250
Well control equipment $0
14032 Well logging (Wireline) $106,000 $112,577
Workover operations (TBD) $0

TOTAL COST TO CASING POINT - INTANGIBLES $4,140,721 $5,685,636 $43,630 $43,840 $43,840 $43,840 $43,630 $43,840 $43,630 $43,630 $43,630
COMPLETION COSTS: TANGIBLES
Prod Casing 0 $0
Tubing and Misc Tbg Equip 0 $0
Downhole Equipment $0
Wellhead Equipment $0

TOTAL CASED HOLE COST $4,571,295 $5,953,733 $43,630 $43,840 $43,840 $43,840 $43,630 $43,840 $43,630 $43,630 $43,630
AFE WELL COST $4,718,604 ### $4,806,284 $4,850,124 $4,893,754 $4,937,594 $4,981,224 $5,024,854 $5,068,484
78 79 80 81 82 83 84 85 86
RANGE RESOURCES
WELL: #REF!
AFE: #REF!
5/20/13
CODE NEW DRILL AFE $ CUM 87 88 89 90 91 92 93 94 95 96 97
COSTS TO CASING POINT: TANGIBLES
14100 Cellar $31,000
14101 Conductor Casing 30 " $0
14102 Conductor Casing 20" (33 ft0 $2,218
14103 Surface Casing (13 3/8" 61#) (150 ft) $13,356 $9,483
14104 Intermediate Casing (9 5/8" 40#) (1200ft) $80,000 $78,871
14105 Production Casing (7") (3,500 ft) $121,500 $102,624
14106 2 7/8" Tubing for Production (3500ft) $22,500 $43,260
14107 2 7/8" Tubing/DST $5,000
14108 Tubing Accessories (packers/blast joints, etc) $25,000 $26,025
14109 Casing Accessories (Cent/Floating Equipment) $10,000 $2,234
14110 Wellhead Equipment (A & B Sections) $120,000 $5,600
TOTAL COST TANGIBLE MATERIALS $430,574 $268,097 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

Air Compressors $0
Camp Mob and rig up $5,000 $5,000
14008 Camp & catering/Accomodations (31 dys) $171,000 $250,295 $2,150 $2,150 $2,000 $2,130 $2,000 $2,000 $2,000 $2,150 $2,150 $2,225 $2,225
Casing Inspection & Repairs $0
14019 Cement (readymix) 13 3/8" (3 dys) $2,700 $7,226
14019 Cement & Services 9 5/8" $125,000 $139,946
14019 Cement & Services 7" $175,000 $194,482 $3,250 $3,250 $3,250 $3,250 $3,250 $3,250 $3,250 $3,250 $3,250 $3,250 $3,250
14045 Communications (Telecommunications/Rig Inst) 31 dys $4,471 $17,610
Conductor, rat & mouse hole, surface casing/ Rig #17 $75,000 $34,000
Coring Services $0
14022 Core & Fluid Analysis $0
14003 Contingency $150,000
14040 Drilling Consultant (Office Engineering/Management) 6 dys $2,400 $2,000
14041 Drilling Consultant (On-site Supervision) 31 dys $53,200 $18,000
Drilling Contractor - Footage/Turnkey $0
14011 Drilling Rig (move/standby rate) (9 dys) $205,200 $313,500 $28,500
14011 Drilling Rig - Day rate (22 dys) $870,000 $2,310,000 $30,000 $30,000 $30,000 $30,000 $30,000 $30,000 $30,000 $30,000 $30,000 $30,000
14018 Drilling bits/reamers/stabilizers $350,000 $213,415 $850 $850 $850 $850 $850 $850 $850 $850 $850 $850 $850
Drilling Jar Rentals (22 dys) $21,750 $61,180 $665 $665 $665 $665 $665 $665 $665 $665 $665 $665 $665
Drill String Rent $0
Drill String Inspection $70,000
Drill String repair/replace (22 dys) $29,000
Directional Tools & Services/Mud Motor rental $0
14035 Drill Stem Testing equipment $200,000 $363,000 $16,500 $16,500 $16,500 $16,500 $16,500 $16,500 $16,500 $16,500 $16,500 $16,500 $16,500
14049 Environmental Services (ECPS and EIAs) $10,000
Expendables (22 dys) $21,750 $25,800 $420 $210 $210 $210
Fire & Safety Equipment (31 dys) $19,000
14028 Fishing Services $12,500
CODE NEW DRILL AFE $ CUM 87 88 89 90 91 92 93 94 95 96 97
Fishing Tool Rental $0
14024 Fuel/Electricity (24 dys) $174,000 $60,580
14034 Geological Supervision (8 dys) $7,200
Geological Onsite service (22 dys) $24,650 $16,150
14034 Geophysical Services (8 dys) $9,000
H₂S Services (22 dys) $2,900
14006 Insurance - Regulatory-Legal $70,000
14004 Location Staking/Survey $1,500 $1,100
Medical Facility and Personnel (22 dys) $10,150 $31,500 $350 $350 $350 $350 $350 $350 $350 $350 $350 $350 $350
14046 Misc. supplies/services (22 dys) $14,500
Mud Cleaning Equipment $0 $52,250
14014 Mud Chemicals $125,000 $54,597 $950
14016 Mud Engineer (22 dys) $14,500 $17,500
14033 Mud Logging (Standby) (6 dys) $12,300 $2,400
14033 Mud Logging (Equipment & Personnel) (22 dys) $62,350 $49,000
14009 Mob/Demob (Trucking and Cranes) (2) $300,000 $250,000
14053 Overhead (22 dys) $29,000
14004 Permits $5,000
14005 Roads & Locations (sites Construction) $200,000 $326,749
14005 Roads & Locations rehabilitation $75,000
14027 Rental Equipment (22 dys) $171,000 $587,050 $5,950 $5,950 $5,950 $5,950 $5,950 $5,950 $5,950 $5,950 $5,950 $5,950 $5,950
Roustabout Labour (welder/electrician) $14,500 $6,750
14008 Site Security (31 dys) $0
14015 Solid Control & Other Fluid handling Equipment $12,250
Stimulation of Well/Acid/swabbing gear/Xylene $0 $27,798 $15,495 $1,899 $165 $165 $165 $165 $165 $165 $165 $165
14007 Surface Damages and Fees $5,000
Survey open/cased holes $10,000
Subsistence/Travel/Hotel accomodations (4 dys) $6,000 $6,078
Testing equipment/Tanks $0
Trucking / transportation (Hotshot-Ocean/Air Freight) $25,000 $43,730 $750
Water well (Rig 17) $65,000 $61,124
14017 Water Transportation (22 dys) $8,700
Welding/fabrication (22 dys) $7,250 $23,250 $250 $250 $250 $250 $250 $250 $250 $250 $250 $250 $250
Well control equipment $0
14032 Well logging (Wireline) $106,000 $112,577
Workover operations (TBD) $0

TOTAL COST TO CASING POINT - INTANGIBLES $4,140,721 $5,685,636 $76,410 $61,864 $58,315 $60,860 $59,980 $59,980 $59,980 $60,550 $60,340 $60,415 $60,415
COMPLETION COSTS: TANGIBLES
Prod Casing 0 $0
Tubing and Misc Tbg Equip 0 $0
Downhole Equipment $0
Wellhead Equipment $0

TOTAL CASED HOLE COST $4,571,295 $5,953,733 $76,410 $61,864 $58,315 $60,860 $59,980 $59,980 $59,980 $60,550 $60,340 $60,415 $60,415
AFE WELL COST $5,144,894 $5,206,758 $5,265,073 $5,325,933 $5,385,913 $5,445,893 $5,505,873 $5,566,423 $5,626,763 $5,687,178 $5,747,593
87 88 89 90 91 92 93 94 95 96 97
RANGE RESOURCES
WELL: #REF!
AFE: #REF!

CODE NEW DRILL AFE $ CUM 98 99 100 101 102 103


COSTS TO CASING POINT: TANGIBLES
14100 Cellar $31,000
14101 Conductor Casing 30 " $0
14102 Conductor Casing 20" (33 ft0 $2,218
14103 Surface Casing (13 3/8" 61#) (150 ft) $13,356 $9,483
14104 Intermediate Casing (9 5/8" 40#) (1200ft) $80,000 $78,871
14105 Production Casing (7") (3,500 ft) $121,500 $102,624
14106 2 7/8" Tubing for Production (3500ft) $22,500 $43,260
14107 2 7/8" Tubing/DST $5,000
14108 Tubing Accessories (packers/blast joints, etc) $25,000 $26,025
14109 Casing Accessories (Cent/Floating Equipment) $10,000 $2,234
14110 Wellhead Equipment (A & B Sections) $120,000 $5,600
TOTAL COST TANGIBLE MATERIALS $430,574 $268,097 $0 $0 $0 $0 $0 $0

Air Compressors $0
Camp Mob and rig up $5,000 $5,000
14008 Camp & catering/Accomodations (31 dys) $171,000 $250,295 $2,075 $2,000 $2,000 $2,225
Casing Inspection & Repairs $0
14019 Cement (readymix) 13 3/8" (3 dys) $2,700 $7,226
14019 Cement & Services 9 5/8" $125,000 $139,946
14019 Cement & Services 7" $175,000 $194,482 $3,250 $3,250 $3,250 $3,250
14045 Communications (Telecommunications/Rig Inst) 31 dys $4,471 $17,610
Conductor, rat & mouse hole, surface casing/ Rig #17 $75,000 $34,000
Coring Services $0
14022 Core & Fluid Analysis $0
14003 Contingency $150,000
14040 Drilling Consultant (Office Engineering/Management) 6 dys $2,400 $2,000
14041 Drilling Consultant (On-site Supervision) 31 dys $53,200 $18,000
Drilling Contractor - Footage/Turnkey $0
14011 Drilling Rig (move/standby rate) (9 dys) $205,200 $313,500 $28,500 $28,500
14011 Drilling Rig - Day rate (22 dys) $870,000 $2,310,000 $30,000 $30,000
14018 Drilling bits/reamers/stabilizers $350,000 $213,415 $850 $850 $850 $850
Drilling Jar Rentals (22 dys) $21,750 $61,180 $665 $665 $665 $665
Drill String Rent $0
Drill String Inspection $70,000
Drill String repair/replace (22 dys) $29,000
Directional Tools & Services/Mud Motor rental $0
14035 Drill Stem Testing equipment $200,000 $363,000 $16,500 $16,500
14049 Environmental Services (ECPS and EIAs) $10,000
Expendables (22 dys) $21,750 $25,800
Fire & Safety Equipment (31 dys) $19,000
14028 Fishing Services $12,500
CODE NEW DRILL AFE $ CUM 98 99 100 101 102 103
Fishing Tool Rental $0
14024 Fuel/Electricity (24 dys) $174,000 $60,580
14034 Geological Supervision (8 dys) $7,200
Geological Onsite service (22 dys) $24,650 $16,150
14034 Geophysical Services (8 dys) $9,000
H₂S Services (22 dys) $2,900
14006 Insurance - Regulatory-Legal $70,000
14004 Location Staking/Survey $1,500 $1,100
Medical Facility and Personnel (22 dys) $10,150 $31,500 $350 $350 $350 $350
14046 Misc. supplies/services (22 dys) $14,500
Mud Cleaning Equipment $0 $52,250
14014 Mud Chemicals $125,000 $54,597
14016 Mud Engineer (22 dys) $14,500 $17,500
14033 Mud Logging (Standby) (6 dys) $12,300 $2,400
14033 Mud Logging (Equipment & Personnel) (22 dys) $62,350 $49,000
14009 Mob/Demob (Trucking and Cranes) (2) $300,000 $250,000
14053 Overhead (22 dys) $29,000
14004 Permits $5,000
14005 Roads & Locations (sites Construction) $200,000 $326,749
14005 Roads & Locations rehabilitation $75,000
14027 Rental Equipment (22 dys) $171,000 $587,050 $5,950 $5,950 $5,950 $5,950
Roustabout Labour (welder/electrician) $14,500 $6,750
14008 Site Security (31 dys) $0
14015 Solid Control & Other Fluid handling Equipment $12,250
Stimulation of Well/Acid/swabbing gear/Xylene $0 $27,798 $165 $165
14007 Surface Damages and Fees $5,000
Survey open/cased holes $10,000
Subsistence/Travel/Hotel accomodations (4 dys) $6,000 $6,078
Testing equipment/Tanks $0
Trucking / transportation (Hotshot-Ocean/Air Freight) $25,000 $43,730 $750 $1,500
Water well (Rig 17) $65,000 $61,124
14017 Water Transportation (22 dys) $8,700
Welding/fabrication (22 dys) $7,250 $23,250 $250 $250 $250 $250
Well control equipment $0
14032 Well logging (Wireline) $106,000 $112,577
Workover operations (TBD) $0

TOTAL COST TO CASING POINT - INTANGIBLES $4,140,721 $5,685,636 $60,055 $60,730 $41,815 $43,540 $0 $0
COMPLETION COSTS: TANGIBLES
Prod Casing 0 $0
Tubing and Misc Tbg Equip 0 $0
Downhole Equipment $0
Wellhead Equipment $0

TOTAL CASED HOLE COST $4,571,295 $5,953,733 $60,055 $60,730 $41,815 $43,540 $0 $0
AFE WELL COST $5,807,648 $5,868,378 $5,910,193 $5,953,733
98 99 100 101 102 103

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