Holt Three Well Drilling Package

HOLT #1

3/25/10

Began moving equipment onto Holt Lease

3/26/10

Dug mud pits and prepared site.  Set up drilling equipment.

3/28/10

Set and cemented intermediate surface casing.

3/30/10

Finalized equipment preparation for drilling to commence.

3/31/10

Drilled to 240 feet after starting around noon due to delays on equipment.

4/1/10

Drilled to a total of 610 feet.  Flouresced at 100% starting at 605 feet with slight oil and gas odor.

4/2/10

Today's drilling was through very hard rock and so was extremely slow.  They ended the day at 750 feet.  There was a total of about 15 feet of 100% flouresce starting at 605 feet, and was spotty through the rest of the formation.

4/3/10

Once again drilling through very hard rock, and ended the day at 785 feet.  No change to the show in the formation.

4/4/10

Completed the well down to 990 feet. 

4/5/10

Logged the well.  We will evaluate and determine what our next step will be.

4/24/10

Cemented the longstring casing.

HOLT #2

4/7/10

Moved to new site and began prep work.

4/8/10

Drilled down to 250 feet. 

4/9/10

Drilled to 475 feet.

4/10/10

Drilled to 520 feet.

4/12/10

Drilled to 650 feet.  So far there is not much show, but we will be logging the well.

4/14/10

Logged the well, and will be evaluating to determine next steps.