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Home My WebLink About20001236.tiff FORM 920(66-93) PETITION FOR ABATEMENT OR REFUND OF TAXES Must be flied In duplicate and all questions must be answered. Petitioners: Complete this side only. Englewood , Colorado, December 17 , 19 99 _ City or Tam To The Honorable Board of Commissioners of Weld _ County Gentlemen: The petition of North American Resources Company whose mailing address is: c/o Logan & Firmine, Inc. 333 W. Hampden Ave. . #740_ Englewood Colorado 80110 City or Town State Zip Code SCHEDULE NUMBER DESCRIPTION OF PROPERTY AS LISTED ON TAX ROLL See attached schedules. respectfully requests that the taxes assessed against the above property for the years A.D. 19 97 , 19 , are erroneous, illegal, or due to error in valuation for the following reasons: Describe specifically the circumstances surrounding the incorrect value or tax, including owner's estimate of value. (Attach additional sheets if necessary) The 1997 returns for North American Resources Company did not take allowable deductions. • 19 97 19 Assessed Value Tax Value 'Pax Orig. 10,182,520 866,981.36 Abate. 774,300 66,085.90 Bah 9,408,220 800,895.46 Therefore the petitioner requests that the taxes may be abated or(yefunded)in the sum of $66,.085.90 I declare,under penalty of perjury in the second degree that this petition, together with any accompanying exhibits or statements, has been examined by me and to the best of my knowledge, information and belief is true, correct and complete. c/o Logan & Firmine, Inc. 333 W. Hampden Ave. , #740 Englewood, CO 80110-2337 North American Resources Company Address petitioner �� By /,81/? Daytime phone number 303-761-8260 M DM Every petition for abatement or refund filed pursuant to section 39-10-114 shall be acted upon pursuant to the provisions of this section by the board of county commissioners or the assessor, as appropriate, within six months of the date of filing such petition. 39-1-113(1.7), C.R.S. i-/.71- St&JUS6 HOECKEl5.O,m+r,CO-3651171.6 Complete Either Section I or Section 11 RESOLUTION OF COUNTY COMMISSIONERS Section 1: In accordance with 39-1-113(1.5) C.R.S., the commissioners of County authorize the assessor to review petitions for abatement or refund and to settle by written mutual agreement any such petition for abatement or refund in an amount of one thousand dollars or less per tract, parcel, or lot of land or per schedule of personal property. County Commission Resolution # The assessor and petitioner mutually agree to an assessed value of$ for $ total tax for the year(s) 19_ and an abatement/refund of $ Petitioner's Signature Date Assessor's Signature Date If Section I is not complete and/or if petition is for more than $1,000, Section H must be completed. Section II: Assessors's recommendation: PIapproved;0 approved in part $ 0 denied for the following reason(s) if o!/. /1. 7r G e (7-71 FAced rdyt /Uer3 fr 67rSeJ .Oat(1 J/,WQ Mon 7i€ We nie 1. 7jc Ott C /A/3-S /" 4/lu/se /c I tut c . 3SSeio- ?ecominhciS 40/07d K,PaG. B : WHEREAS, The County Commissioners of Weld County, State of Colorado, at a duly and lawfully called regular meeting held on the 22nd day of May , A,D, 1t 2000, at which meeting there were present the following members: Chair Barbara J. Kirkmever, and Commissioners M. J. Celle, George E. Baxter, Dale K. Hall, and Glenn Vaad notice of such meeting and an opportunity to be present having been given to the taxpayer and the Assessor of said County and said Assessor represented by Michael Sampson and taxpayer North American Resources Co. represented by Logan £'arrlirmine. Tnc being present; and (name) WHEREAS, The said County Commissioners have carefully considered the within application, and are fully advised in relation thereto, NOW BE IT RESOLVED, That the Board concur with the recommendation of (concurs or does not concur) the assessor and the petition be approved , and an abatement refund be allowed (approved or denied) (be allowed or not be stewed) on an assessed valuation of $ 774,300 for $ 66,085.90 total tax for the year(s) 1997 . J Chairman of Board of Count Commissione STATE OF COLORADO, ss. County of Weld I, Donald D. Warden ' Clerk of the Board of County Commissioners in and for the County of Weld State of Colorado, do hereby certify that the above and foregoing order is truly copied from the records of the proceedings of the Board of County Commissioners for said Weld County, now in my office. IN WITNESS WHEREOF,; 7ildipt my hand and affixed the seal of said County, at Greeley , this 24th a , A.D. 19 2000 . x clerk to the Board (0,An R\I " y //7'" 'c .4 7r't nenALAsiderk to the Board ACTION OF THE PROPERTY TAX ADMINISTRATOR Denver, Colorado, ( /A 19 Th- .ction of the Board of County Commissioners, relative to a within petition, is hereby pproved; n approved in part $ 0 denied for the following reason(s) <4MCIPS1°,1641;rcretary \\� Property Tax Administrator • b CLERK TO THE BOARD PHONE (970) 356-4000, EXT.4218 WI FAX: (970) 352-0242 P.O. BOX 758 ID C. GREELEY, COLORADO 80632 COLORADO May 1, 2000 NORTH AMERICAN RESOURCES COMPANY 0/O LOGAN & FIRMINE, INC 333 WEST HAMPDEN AVENUE #740 ENGLEWOOD, CO 80110 RE: VARIOUS SCHEDULE NUMBERS Dear Property Owner: This is to advise you that the Weld County Board of Commissioners will hear your petition for abatement or refund of taxes on the property described as: SEE ATTACHED. The meeting is scheduled for May 22, 2000, at 9:00 a.m., at which time you may be heard. You are required to submit any supporting documentation regarding this petition to the Office of the Clerk to the Board and to the Weld County Assessor's Office at least seven calendar days prior to the meeting date in order for it to be considered at said meeting. The Assessor is•recommending that the Board APPROVE your petition. The meeting will be held in the First Floor Meeting Room, Weld County Centennial Center, 915 10th Street, Greeley, Colorado, at the above specified time. If you have any questions concerning this matter, please do not hesitate to contact Carol Harding at (970) 356-4000, extension 4217. Sincerely, /4,11447 jilletet Donald D. Warden Clerk to the Board • Deputy Clerk to the Board cc: Assessor County Attorney NORTH AMERICAN RESOURCES COMPANY PETITION FOR REFUND OF TAXES-1997 TAXES(1996 PRODUCTION YEAR) Original Assessed Direct Assessed Value Production Abate./Refund Abate.I Refund Balance Operating Return on Return of Total Allowable Exempt Royalty Assessment of Allowable Production Tax Scbedute No. Well Name County Value Original Tax Assessed Value Tax Assessed Value Balance Tax Expenses Investment(Roll Investment lRoall Deduction 95%Limitation Deductions Percentage Ratio Deduction Tax Refund District Tax Rate 05266286 Angela 01 Weld 880 6154 510 35.67 370 2587 112 194 276 581 955 581 08750 510 3567 820 0069936 O0093093 Angela 42-2B Weld 080 6150 840 58.75 40 279 42 1420 1810 3280 955 955 0.8750 040 5875 820 0.069936 00053591 Antis Weld 37,990 2.56254 5 320 358.85 32670 2.20369 1 683 1.704 2013 6.080 01.246 6080 08750 5320 356.85 305 0.067453 00269695 Arens 33-15 Weld 76410 6,053 82 5.810 460.31 70600 5.59351 3.843 1226 1.570 6639 82.959 6639 08750 5010 46031 100 0079220 00625096 AnstocraI21.100 Weld 36.060 426]30 8770 1036.06 27.290 322640 19634 573 815 10021 39.151 10021 00750 6770 103686 189 0.118228 00261294 Aristocrat Federal 12-10C Weld 55850 660304 0 000 55850 6603.04 0 0 0 0 66680 0 6.250000% 0.8750 0 000 189 0.118228 00261294 Anstocral Federal 12101 Weld 55850 6603.04 5 870 69400 49980 590904 4751 1.110 1.292 7.153 66680 7 153 6250000% 06750 5870 69400 189 0.118228 00313694 Aristocrat Federal 31-100 Weld 43870 5,10667 1.500 17734 42370 5009.33 1.106 299 425 1 830 50,800 1830 6250000% 08750 1500 17]30 189 0.118228 — 00313694 Anstocral Federal 3l-10S Weld 46.790 5,53109 5980 707.00 40 810 482469 6.115 299 425 6839 50,801 6.839 08750 5980 70700 189 0.118228 00001494 Aristocrat Angus 43.02 Weld 39500 309000 5,120 400.53 34,380 268947 4.272 730 850 5.052 42886 5.852 _ 00750 5120 400.53 102 0.078228 00001194 Aristocrat Angus 44-02 Wed 39,500 3,090.00 5230 409.13 34270 2.660.67 4.324 747 885 5.972 42.806 5972 08750 5230 40913 102 0.078228 Tank Battery 01-02 Weld 0 0.00 0 O 00 0 0 00 0 L0 0 0 0 0 0 8750 0 0.00 102 0.078328 00311794 Aristocrat 1123 Weld 40280 3.191]0 3.150 24957 37.130 2 941 73 2.038 536 623 3.597 43 733 3 597 08750 3150 249.57 104 0.079228 01222996 Anstocral 12-03 Weld 40280 3.15102 2.260 17680 38 020 297022 2.426 ]1 83 2580 43733 2.580 0.8750 2260 17600 102 0,078228 00311594 Anstoceal12-030 Weld 40.250 3.191 30 2790 22105 37.490 2 970 25 2460 333 306 3,105 43.733 ],185 08750 2790 22105 100 0.079228 00311394 Aristocrat 21-03 Weld 40280 3.19130 4 710 373.16 35.570 ?818.14 2495 1,332 1550 5.378 43733 5378 08750 4710 373.16 104 0,079228 Tank Battery 01-03 Wed 0 000 0 000 0 000 _ 0 0 0 0 0 0 08750 0 0.00 102 0.078228 01222496 Anstocral 31-04 Weld 42570 3330.16 2680 20965 35830 312051 2035 107 125 3068 46.219 3068 0.8750 2680 209 55 102 0.078228 00002594 Astocra!41.04 Weld 42 570 337274 1 050 83.19 41.520 3.28955 556 300 349 1205 06219 1.205 08750 1050 83.19 104 0079228 01221796 Aristocrat 01-040 Weld 42,570 333016 2460 19401 40.090 3.136.16 2.835 0 0 2835 46219 2835 08750 2480 194.01 102 0,070228 01221656 Anstocral 42-04C Weld 42.570 3.33016 2.640 206.52 39.930 3,12364 2.650 71 83 3,014 46219 3.014 0.8750 2640 20652 102 0078220 Tank Battery 0l-00 Weld 0 000 0 0.00 0 000 0 0 0 0 0 0 00]50 0 000 102 0.078228 00023394 Aristocrat Angus 31-06 Weld 26.290 302572 2,900 334 09 23 390 269463 1950 630 733 3.312 28.543 3312 08750 2900 33409 194 0.115204 0„„03114 Aristocrat Angus 32-08 Wed 26,290 3 028 72 2990 34446 23.300 2684.26 1.949 675 798 3421 28503 3421 0.8750 2990 344.46 194 0.115204 04939086 Aristocrat Angus 41-00 Weld 26.250 302072 2220 25575 24.070 277297 1954 252 330 2536 28543 2.536 08750 2220 255.75 194 0.115204 00003494 Aristocrat Angus 42-08 Weld 26290 302072 2.700 31105 23,590 2.]1767 1951 517 615 3 053 28.543 3083 08750 2700 31105 194 0.115204 Tank Battery 01.08 Weld 0 000 0 000 0 000 0 0 0 0 0 0 0.8750 0 000 188 0.116108 00313494 Anslocra141.100 Weld 27 890 329736 3 450 40789 24040 2.08949 2 873 444 531 3,949 30281 2949 08750 3450 40789 189 0.118228 00313894 Aristocrat Angus 42-10 Weld 27.890 3.29738 4720 558.04 23.170 2739.34 2.861 1,120 1408 5]90 30,281 5390 08750 4720 55804 189 0.118220 Tank Battery 01.10 Weld 0 000 0 000 0 000 0 0 0 0 0 0 08750 0 000 189 0.118228 00001594 Armlocral ANUS 33-02Weld 36640 206620 4 430 346.55 32210 251973 3.986 499 581 5066 39,761 5.066 08750 4430 34655 102 0.078228 0000.394 Aristocrat Angus 3432 Weld 36.640 2.866 28 5.850 45763 30790 2 408 65 3992 1.247 1 451 6.689 39 781 6.689 08750 5850 45763 102 0078228 Tank Battery 02-02Weld 0 000 0 0.00 0 000 0 0 0 0 0 0 0.8750 0 000 102 0708228 00311294 Aristocrat Angus 22-03 Weld 19.090 1.51246 3.910 30978 15,180 120268 1.994 1.144 1332 4470 20.726 4.470 0.8750 3910 30978 104 007922e 01223196 Aristocrat Angus 23-0] Wed 19.090 1493.38 1700 135.12 17.350 1.35726 1.990 0 0 1.990 20726 1.990 09750 1740 136.12 102 0.078228 00001594 Ansmual Angus 23-030 Web 1933922 1.3338 2011 20410 16450 '.28920 1092 453 .__ 2083 __7.76 2983 08750 2510 704+8 102 0078228 01221]^ aosror.al Angus3vr3C We.° 1929D 143330 790 Ie00i 7110 135135 1.905 32 35 2752 20729 2050 00700 1790 14023 102 0078220 01221499 nrdcrut Angus 3423: Wm0 19.030 -,40338 1.610 14041 '7299 1 352,7 1994 33 __ 7059 22725 2059 2850 1000 14001 102 0070228 Tank Battery 02-03 Weld 0 000 0 000 0 000 0 0 0 0 6 0 00750 0 060 102 9.978220 Page 1 of 6 NORTH AMERICAN RESOURCES COMPANY PETITION FOR REFUND OF TAXES-1997 TAXES(1996 PRODUCTION YEAR) Origses al As sed Direct Assessed Value Production Abate./Refund Abate./Refund Balance Operating Return on Return of Total Allowable Exempt Royalty Assessment of Allowable Production Tax Schedule No Well Name County Value Original Tax Assessed Value Tax Assessed Value Balance Tax. Expenses Investment lROll Investment IRA)Deduction 954°Limitation Deductions Percentage Ratio Deduction Tax Refund District Tax Rate 00313094 Aristocrat Angus Fed.44-04 Weld 31.510 246496 3.200 250.33 29310 221463 3.405 358 417 4.180 39098 4.100 12500000°% 09750 3200 25033 102 0078228 00313294 Federal 43-04 Weld 31510 246696 2490 194.79 29020 2 270 17 2.271 deb 572 3.250 39.098 3.250 12 500000% 08750 2490 194.79 102 0078228 00312390 Federal43-040 Weld 31.510 246496 2060 161.15 29450 2 303 81 2,276 189 220 2604 39098 2584 12500000% 0.8750 2060 161.15 102 0.078228 Tank Battery 0204 Wild 0 000 0 000 0 000 0 0 0 0 0 0 08]50 0 0.00 102 1]0]8220 0000]794 Aristocrat Angus 11-08 Weld 01,210 705164 2.960 34100 58250 671064 2,660 336 391 3387 66,457 3387 0,9750 2960 34100 194 0.115204 00003594 Arlslecrat Angns]t-00 Weld 61.210 7.051 64 3260 37].87 5]930 067377 2622 430 500 ]152 66.457 3.752 O5750 3280 PIB] 194 0.115204 O0003594 Aristocrat Angus 22-08 Weld 61 210 7.05154 4,020 463.13 57.190 6 588 52 2.792 832 968 4592 66.457 4,592 00750 4020 45312 194 0.115204 Tank Battery 02-08.5 We'd 0 000 0 000 0 000 0 0 0 0 0 0 0.8750 0 000 188 0.116108 01223596 Anstocral Angus 43-030 Weld 58.390 656774 2,540 20652 55,750 4361.22 2956 30 35 3,021 63.395 ]021 0.9)50 2640 20652 102 00)0220 01222896 Arstocat Angus 44-030 weld 50.390 4,567,74 2.540 198.70 55950 636904 2901 0 0 2.901 6]395 2,901 05750 2AC 19670 102 00)8228 Tank Baluery0303 Wed 0 000 0 0 000 0 0 0 0 0 0 08750 0 000 102 0.078226 01222095 Aristocrat Angus 21-04 Weld 35040 280370 1620 126.73 34,220 267697 1774 34 39 1848 38912 1844 08750 1620 126.73 102 0078228 00002894 Aristocrat Angus 20-04C Weld 35.040 423730 3 050 36060 32 790 387670 3,283 91 105 3.490 38,912 3480 09750 3050 36060 189 0118228 01222296 Ansldcrat Angus 23-G4 weld 35.840 250370 3,120 24407 32,720 2.55963 348]4 34 39 3,561 38912 3.561 08750 3120 24407 102 0078228 01222596 Arstocat Angus 32-04 Weld 35840 2903.70 3010 23547 32930 2,568 23 3280 76 87 3,444 38.912 3494 0.0750 3010 23547 102 0078228 00312494 Aristocrat Angus 32-040 Wed 35840 280378 2960 23155 32980 2572.15 328G 50 57 3387 38912 ]307 0.8750 2950 23155 102 0078228 01222796 Anglocral Angus 34-04 Weld 35,840 2 803 70 2 790 210 26 33050 2 585 44 3,119 34 39 3.192 30 912 3,192 0 8750 2790 210.26 102 0.078228 Tune Battery 00.0x.4 Wog G 000 0 800 000 0 0 0 98750 0 000 102 00]0226 01222196 Arstocrat Angus 22-oa Weld 12)30 99554 2,380 186.10 10 350 60956 2630 40 54 2,724 13,621 2 724 0.8750 2380 196.18 102 0078228 00002794 Arstocal Angus 23-040 Weld 12,730 1,50504 2.590 30621 10.140 1.19883 2.529 198 229 2,957 13.821 2957 09750 2590 30621 189 0118228 01222696 Anstocrat Angus 33-04 Weld 12730 99504 2470 19322 10260 50262 2637 86 102 2.825 13821 2825 00750 2470 19322 102 0.078225 Tank Battery 03-048 Weld 0 000 0 0.00 0 000 - 0 0 0 0 0 C 0.6750 0 000 102 0078228 00624996 Aristocrat 21000 Weld 33260 353220 2400 263.75 30 360 3.048.51 2698 219 216 3133 4,270 3133 125700003° 08750 2400 283 75 189 0.118228 00313796 Fetle+811-70 Weld 33 260 353226 4,]90 566.31 28 470 3.36595 2,988 1 527 1 741 6,257 41,270 6,257 12500000% 08750 4790 566.31 189 0118228 00314494 Federal 22-10 Weld 33,260 3,93226 2,620 30676 30640 362250 3,006 195 227 3.420 41 270 3,426 12.500000% 0.8750 2620 30976 189 0.118228 Tank Battery 03-10.4 Weld 0 000 0 000 0 000 0 0 0 0 0 0 08]50 0 000 185 0.119153 00001994 Aristocrat ANUS 13..03 Weld 11 820 524 fib 3,540 284 75 8,100 53990 2.172 642 747 4.161 12.8]3 4,161 08750 7540 28475 102 0078228 01223096 Anstoual Angus 1403 Weld 01 820 924 66 1950 15254 9.070 77212 2073 71 53 2227 12,833 2227 08750 1950 15254 102 0.078228 01223296 Aristocrat Angus 24-030 Weld 11 820 92466 260 2034 11.560 904.32 231 30 35 296 1283] 296 00750 260 2030 102 0.078228 Tank Battery 04.03 Weld 0 000 0 000 0 000 0 0 0 0 0 0 08750 O 0.00 102 0078228 O0002294 Aristocrat Angus 11-04 Weld 24.530 2900.14 3.150 37242 21380 2.52772 1940 750 897 3595 2663] 3,595 08750 3150 37242 189 0.110228 01221896 An5lacrat Angus l2-04 Weld 24.5]0 1 919 94 2290 17914 22240 1 739 80 2,463 71 B] 2617 2663] 2,617 08750 2290 1)9.14 102 0.0)8228 01)00302.4. AnSt;,C,,,, y 2_,_ Well 24_10 790n la 7040 31212 21890 2 550 02 2469 253 294 3016 26633 3,01fi 0.8750 2640 312.12 189 0.118220 00003194 Aristocrat Angus604 Weld 24 530 290014 2 330— 27547 22.200 2624 6] 2.024 282 653 2650 25,671 2658 0.0750 2330 27547 109 0.110228 01221996 Arstocal Angus 1404 Weld 24 530 1 918 94 2 290 17914 22,240 1 739 80 2,469 71 83 2623 26,633 2,623 08750 2290 17914 102 0.078228 03002694 Ar',57rat Angus 14340 Weld 24530 2 900 14 2550 33146 21.901 2 590 60 2461 207 241 2910 26533 2910 0 875 2550 30148 189 0.118228 O'22e 0 rs•ncral gis 24.44 Wed 24530 19'694 '790 14703 22747 '777831 I'84 '17 147 2544 26633 2044 20252 1750 14003 '02 0070228 Mirk Batt 74.347 W-in 9 _77 - 7.30 0 000 0 0 0 __ 19_ 0 010 2 0078228 00004294 cc/i9oaat Angus l}ID Weld 86]60 10 210 19 5720 57026 80,640 9 533 92 4.729 836 573 6.53/ S3 762 5.537 08750 5720 67626 189 0118228 Page 2 of 6 NORTH AMERICAN RESOURCES COMPANY PETITION FOR REFUND OF TAXES-1997 TAXES(1996 PRODUCTION YEAR) Original Assessed Direct Assessed Value Production Abate./Refund Abate.I Refund Balance Operating Return on Return of Total Allowable Exempt Royalty Assessment of Allowable Production Tax Schedule No. Well Name County Value Original Tax Assessed Value Tax Assessed Value Balance Tax Expenses Investment IRO11 Investment(Ron)Deduction 9544 Limitation Deduction Percentage Ratio Deduction Tax Refund District Tax Rate 00003894 Aristocrat Angus 14-10 Web 86.360 10.210 18 6.540 773.21 '3620 943697 4 321 1494 1 659 1474 93.752 7474 00750 6540 77321 189 0.118228 Tank Ballery04-10 Weld 0 000 0 000 0 000 0 0 0 0 0 0 08750 0 000 185 0.119153 00067592 Banged 02-19 Weld 139 430 10013.30 8080 560.27 131350 9.43303 5,062 1743 2434 9 239 151381 9 239 08750 0080 58027 000 0.071816 00320395 Banged 03-19 Weld 114 400 8.55772 5.500 37836 118 900 8.17936 4,014 1 076 1 241 6280 136,063 6280 08750 5500 378.36 807 0068792 00005394 Barclay-Cllrisman 04-20 Weld 40.070 2,98830 4.240 31621 35830 267209 1947 1,342 1561 4,849 43 505 4.849 08750 4240 316.21 120 0074577 04365386 Beebe Draw Weld 59160 468712 4.390 34701 54.770 433931 3.040 867 1.109 5015 64.231 5 015 08750 4390 34781 104 0079228 00106492 Berger 02-23 Weld 76.410 689538 5.950 53717 70460 636121 6028 1.166 1602 87% 02959 6796 0.8750 5950 537.17 1295 0090281 05661186 Billings 01 Weld 14,770 121924 2 370 19564 12.400 1 023 60 1,881 342 406 2.709 16,036 2 709 0.8750 2370 19564 129] 0.082549 O 0211993 Billings 02.34 Weld 40,680 003500 3400 25067 40.400 3.754.33 3067 350 447 3 804 53 070 3804 08750 3400 28067 1293 0.002549 00159888 Boock 01 Weld 109060 7.21180 3.180 21032 105.860 700148 2.125 686 824 3,635 110,386 3635 0.8750 3180 210.32 803 0006139 00085690 Boulder Bank 01 Weld 70520 506446 6,940 49840 63 580 4.56606 3.466 1,725 2736 7,930 16565 ]930 08250 6940 49840 Boo 0011816 00053391 Boulder Bank 03-07 Weld 97,780 7.022 16 5.640 40504 92.140 5617.12 2635 1466 2346 6447 106,161 0,447 0.6150 5640 405 C4 800 0071816 04362886 Branch 01 Weld 63620 5.04048 5.050 400.00 58570 464038 1329 606 837 5,772 690773 5172 0.8750 5050 400.10 104 0.079220 04902786 Chilarens Hespuel Weed 890 57.24 850 5467 40 2.07 996 211 330 1507 1 231 1.031 62500.00% 08750 650 5467 302 0064315 04352386 Christine Weld 44 560 3.54884 3.540 25193 41020 3.26691 2721 549 781 4050 48379 4050 08750 3540 281.93 138 0.079642 Conner21-30 Weld 0 000 0 000 0 000 77 24 30 136 0 0 08750 0 0G0 820 0069936 O 024;993 Conner22-24 Weld 48.110 4720 IC 4 250 35499 43100 356514 4 68 68 108 4859 52255 4859 08750 4250 35499 881 0083526 00247793 Conner 23.34 Weld 20500 1 715 62 4.590 303.38 15950 1 332 24 4 583 151 215 5.249 22301 5.249 0.8150 4590 38338 881 0063526 00007691 Gunner 24-34 Weld 31.580 3,138.90 9500 793.50 28 080 2 345 40 10,407 154 215 10859 40.601 ID 859 08750 9500 70350 881 0.083526 Cosslett01 Weld 0 000 0 000 0 000 1,657 16 23 1,690 0 0 08750 0 000 1340 0090538 Co551en 02 Weld 0 000 0 000 0 000 1383 15 22 1420 0 0 0.8750 0 000 1300 0.090538 Cesslell Tank Banery Weld 0 000 0 000 0 000 0 0 0 0 0 0 0.6750 0 000 1340 0 090538 05356486 Darlene 01 Weld 400330 27,997 48 5650 395.10 394680 2760234 4384 901 1.177 6.463 434640 6463 0.8750 5650 395.14 820 0.069936 04931686 DeVore 01 Weld 121 460 8919.18 6.290 46189 115.170 8.45729 3.648 1,543 :,999 7.190 131.871 7190 0.8750 6290 46189 122 00731]9 00053291 De Vole 033d Weld 124 000 9.14976 8.290 60076 116 310 5.54100 3.263 2142 3 470 9,474 135280 9 474 08750 8290 60876 122 0.073433 05266386 Diane 01 Wed 41.040 2.870 18 3.500 204.76 37.540 262540 2960 429 610 4.000 44,550 4000 00750 3500 24479 820 0.069936 00321095 Deer 01 Weld 69230 3106 02 3.]00 33339 65650 5,]1263 3.183 470 669 4,322 75,164 4.322 08750 3780 333.39 134 0088199 00053091 Dice 04-08 Wed 116.370 1026372 9030 79644 107.340 946728 3.123 3205 1995 10323 126345 10,323 087500 90300 796.44 134 0088199 O0200689 Eohever.1a 01 Weld le9,510 '312974 4.090 53369 162620 12.59606 3603 1 808 2459 7570 184039 7.070 0.8750 6890 53368 121 0.077457 00293493 Echeverla 01-02 We 216.290 10.12640 7650 641.12 208 640 1748520 4960 1655 2122 8741 234 829 8741 0.8750 7650 641.12 1311 0083806 00052891 E0eln Ann 01 Wew 102920 6,62592 9 360 784.42 93.560 7 640 90 4,995 2371 3337 10 703 111 742 10 703 08750 9360 78442 1303 00838% 05632986 Elmpusl 01 Weld 28030 260280 3.070 27716 25760 2,325 64 1.817 698 992 3.507 31 301 3507 08750 3070 277.18 1295 0.090281 05435586 Emerson 02-293 Weld 57440 541682 3,250 30649 54190 5.11033 2507 512 700 3719 62,063 3719 08750 3250 30649 1339 0.094304 00685090 Emerson 03-29) Weld 57,45 5 415 82 2.070 24215 44070 1.17446 2367 172 147 2.935 62.353 2577 ____ 1339 0094304 00314194 Federal 32-10 Wed 93020 10 997 56 5960 70464 87 080 10292.92 5780 68/ 759 7266 107726 7266 62500004, 08750 5960 70464 189 0118225 ' 00255507 Hanger,01 Weld 9.]50 63065 3050 205.]3 5303 42495 1 576 825 1 085 3486 10.151 3486 08750 3050 20573 305 0067453 00157191 Four Way 01 Weld 53.860 363302 4190 23263 59.972 ]350 39 3392 515 787 4.794 55977 4,794 1.87_'0 4190 28243 305 0007453 34703600 .redeikoen Wild 14113 4.19C 35262 9960 _3088 2426 165 04 4'a. 15395 4793 0.8751 4130 35262 7345 0084157 01759,76. ...lean 01-7 C'-04 Wed 75080 il'6:i4 13-0 22733 32i:G 435162 3.005 0 325_` 52'°4 3655 35404 3414 22732 ]C5 0061453 Page 3 of 6 NORTH AMERICAN RESOURCES COMPANY PETITION FOR REFUND OF TAXES-1997 TAXES(1996 PRODUCTION YEAR) Original Assessed Direct Assessed Value Production Abate./Refund Abate,/Refund Balance Operating Return on Return of Total Allowable Exempt Royalty Assessment of Allowable Production Tax Schedule No. Well Name County Value Original Tax Assessed Value Tax Assessed Value Balance Tax Expenses Investment(ROI) Investment(Roll)Deduction 95%Limitation Deductions Percentage Ratio Deduction Tax Refund District Tax Rate 00330695 Gooding Gulch Weld 31430 4.11804 3.290 36197 30,100 3.756 07 2.073 447 636 3.756 40638 3 756 08750 3290 36197 1422 0.11002 00330795 Grant Broths.02-26 Weld 80 220 970596 6670 73383 81550 8972.13 3840 1660 2.125 7625 95782 7 625 00750 6670 733.83 1422 0.11002 00092893 Grant Broths_03-23 Weld 102,300 11 7.490 82405 94810 1043099 _ 4679 1.704 2181 8,563 111.069 8563 08750 7490 82405 1022 0.11002 00053891 Oration 01 Web 37.700 2472.10 8680 569.17 29 020 190293 3 140 2.727 4.059 9926 00931 9926 08750 8600 569.17 319 0.065573 05565586 Gumeson 01 Weld 102530 9,77152 5510 525.13 97,020 9,24639 2985 1.467 1813 5295 111.318 6,295 _ 00750 5510 525.13 1338 0095304 00053791 Gudler 01 Weld 47 300 3 190 52 8790 59291 30.510 259761 4.034 2.424 3585 10.043 51354 10.043 08753 8790 592.91 305 0057053 05504966 Haley-Gumehon 02 Web 41.600 3,93060 3 820 36020 37 550 3 570 36 1 683 i. 1.126 1.555 4,364 45.253 4364 0.8750 3820 36024 1339 0.094304 00093653 Haley 03-22 Weld 59800 6.17662 4.280 04207 55.520 573455 2853 864 1.179 4 897 64.926 4800 00 08775 0200 44207 1430 0.103200 05631686 Haley Lease Wed 18673 15598E 2690 22475 15980 1,33511 2.!77 395 506 3078 20 270 3075 08750 2690 22475 1297 0.083549 04836886 Herron 8 Strong Web 86 540 647180 4 000 299.14 82500 6.17266 2,800 785 989 4574 93958 4.574 — 08750 4000 299.14 110 0.074784 0060'.996 Herren 4133 Weld 79290 592962 5070 379.15 74.220 555047 2.525 1647 1622 5.794 06.086 5794 08750 5070 379.15 110 0074784 O0091}93 Hies o4-18 Weld 102,180 883326 8,650 ]d/.]0 93,530 5.06568 5.167 1.535 20]9 9882 1!03]8 9,082 _ 09150 8850 74778 085 0085408 00173792 Hom-Li0390501 Weld 35.190 2]88 04 3.010 23840 32180 2,54956 2,376 464 597 3.437 38 205 3437 00750 3010 23848 104 0.079220 00169092 Hurl 01 Wed 110,020 1003342 2.960 26799 107 860 3.76543 2727 289 370 3.387 120319 3387 0.8750 2960 25799 1340 0050538 Pilsen 01 Weld 2060 172.65 1,720 144.15 340 2850 1889 30 42 1960 2.237 1960 08750 1720 14415 1303 000381E 00003193 Jillson 01-22 Weld 667]0 3,90]58 1690 15791 64.880 3.]6961 2.555 0 0 2.155 50.779 2,155 08750 1890 15791 1297 0083549 Jillson 02 Weid 2060 17255 1170 9005 990 7460 1.255 32 45 1332 2237 1.332 0.8750 1170 9805 1303 0.083806 Jillson 03 Weld 2,050 17180 520 43128 58 1530 22 518 32 45 595 2226 595 08750 520 4358 1303 0083806 Jillson 04 Weld 2.050 17180 720 6034 1 330 11146 751 32 05 820 2226 920 08750 720 6034 1303 0083806 J41son 05 Weld 2,050 171.80 550 4509 1 500 12571 548 32 45 625 2226 625 00750 550 4609 1303 0083805 Jillson 06 Weld 2050 17180 820 6e.72 1230 10308 866 30 43 938 2226 938 0.8750 820 6872 1303 0083806 Jillson Tank Gallery(I 23.4.5.6) Weld 0 000 0 000 0 000 0 0 0 0 0 0 0.8750 0 000 1303 0.083808 Jillson lA Web 2050 171.80 300 3185 1 670 13995 355 31 44 429 2226 429 08750 380 3185 1303 008301E Jillson 2A Web 2050 17180 380 3195 1670 13995 355 31 44 429 2 226 429 G.6750 380 31.05 1303 0083800 Jillson 3A Weld 2.050 17180 31 1,580 14079 355 30 42 426 2,225 426 0.8750 370 31.01 1303 0083805 .-,.e.. 370 01 1 rwn Alison 4A Wet 2,050 171.00 380 3185 1670 13995 355 31 44 430 2226 430 0.8750 380 3185 1303 0083805 05631486 Jillson Gas Unit 01-22 Weld 22,790 1.90408 3,520 32751 10870 157657 2257 938 1 257 4482 24.743 4482 08750 3920 32751 1297 0.083549 05615086 Johnson-Niven 01-13 Weld 40150 398590 3890 351.19 40260 363471 2088 1036 1,323 4.446 47934 4,445 08750 3890 351.19 1295 0090281 05610586 Johnson 01 Well 78420 7,337.14 6810 53716 71610 559998 5487 1045 1249 7.782 85.142 7752 08750 6810 637.16 1385 0093562 00084490 Jolly Roger e1 Weld 13670 1057.30 1900 150 06 11 730 90728 1 699 214 305 2218 14,842 3.218 0.8750 1940 150.06 127 0077348 05/23885 Kaminsky 01 Well 21 610 145766 3 260 21990 18 350 1 237 76 1 793 825 1.108 3.727 23462 3,727 08750 3260 21990 305 0067453 04839296 Kawakami Ol Recomplelion Weld 51.220 381246 4 790 356.53 46030 305593 2641 1 278 1559 5478 55610 500 0 875 090 ]56.5] 106 0.074433 00129095 Kennedy Gas Unit Weld 47,610 3,99000 4.120 34528 43.490 3.54472 3 240 605 860 4.705 51 601 4.705 08750 0120 345.28 1303 0083808 00092793 KryolaJohn 03-35 Weld 147 250 11435.54 9.710 75211 137 540 10,65343 6439 2,033 2.527 11 099 159,8]1 11 099 O0780 9710 ]52.11 121 0.07]45] 00054591 Kugel Or.18 Weld 47.260 0.50006 6750 54330 40,010 3.06076 3296 1.788 2531 7715 51311 ]715 08750 0750 643.30 1337 0095304 00093397 Hugel 0218 Wed 110840 10.553 50 5.580 531.80 w 105260 1003170 3 042 1.461 1 870 6,373 120341 6.373 08750 5580 531.80 1337 0095304 __ 04857386 Leonard01-17 Weld 10250 75442 2430 15112 7.520 50520 738 840 '.100 27'2 '1'29 2472 08750 2430 18122 129 0074577 05417586 Leonard 23-21) WdJ 4175E 3 155 40 4530 34141 37180 280729 464- 537 705 5259 5"9 5: 4560 3476' 825 0075524 054'7486 Leerod 34-21.1 Wed 41.]80 318549 5210 453.00 . _5573 258540 a_le 1995 1299 7177 1- 7192 ..6710 6210 45900 626 0075524 Page 4 of 6 NORTH AMERICAN RESOURCES COMPANY PETITION FOR REFUND OF TAXES-1997 TAXES(1996 PRODUCTION YEAR) Original Assessed Direct Assessed Value Production Abate.I Refund Abate./Refund Balance Operating Return on Return of Total Allowable Exempt Royalty Assessment of Allowable Production Tax Schedule No Well Name County Value Original Tax Assessed Value Tax Assessed Value Balance Tan Expenses Investment(ROI) Investment(Roll)Deduction 957/2 Limitation Deductions Percentage Ratio Deduelion Tax Refund District Tax Rate 00158891 Luhman01 Weld 89380 7,281.52 5.170 421.18 84.210 6.85034 4.189 755 966 5910 97.041 5.910 08750 5170 421.18 107 0081467 00525196 Luhman 33-4 Weld 73300 545594 6,090 45330 6]210 500264 ]416 1735 1.807 6 959 79.583 6.959 0.0750 6090 453.30 106 0074433 05266086 Maier Weld 86.740 5.056 24 2.430 169 94 84 310 5,896.30 1.789 396 588 2,772 94.175 2.772 0 8750 2430 159 94 820 0.069936 00150497 Mantle 01 Weld 31.220 247350 3920 31057 27,300 2.16293 3.120 598 762 4484 33.896 4484 0.8750 3920 31057 104 0079228 04372486 McClintock 01 Wed 22.260 1,699.50 4.590 34967 1]650 134953 5,197 14 20 5.231 24168 5.231 0.5750 4580 34967 125 0076348 04372406 McClintock 02 Weld 22,270 170027 3540 27027 15.730 143000 4,013 15 21 4,049 24,179 4049 08750 3540 27027 126 0.076348 04312455 M61inidck 03 Weld 22 270 1700.2] 4970 37905 1]300 1320.82 5 547 IS 21 5602 24.179 5692 0.8750 4970 37945 126 0076348 04372405 McClintock 04 Weld 22270 1700.277 2.980 27752 19.290 1 472 75 3.381 12 18 3.411 24.179 3,411 05750 2900 22752 126 0.076348 04372486 McClintock 05 Weld 22.270 1.7002] 5,790 442.05 16 490 1.25822 6.565 15 21 5.622 24,179 6,522 06750 5790 44205 126 0076348 04372586 McClintock 06 Wet 22.270 170026 00 305 22,230 169721 0 21 30 50 24.179 50 08750 40 305 126 0.076348 0009/253 McClintock 97 Weld 0 000 0 000 0 000 4,8 141 200 759 0 0 0.8750 0 000 126 0076348 MnClelockTank Battery(I thru 7) WWI 0 000 0 0 00 0 000 0 0 0 0 0 0 08750 0 000 126 0076348 MCOonabay 3334 Weld 0 000 0 000 0 0.00 221 196 279 595 0 0 09750 0 000 820 0069936 05367086 McCoy Lease Weld 60220 5.55768 3200 26721 54900 525047 2078 588 979 3 745 74.067 3.745 0.8750 3280 267.21 107 0081457 0009329] Miller 51 Weld 113 070 944688 7900 66054 105.170 678680 7,212 770 1.046 9 028 121762 9 028 08750 7900 660.04 1297 0.083549 00005594 Miller 0l-1r Weld 133.910 12762.16 6080 57945 127.930 12,182.71 3.572 1.517 1.765 5.954 145358 6954 0.8750 6080 57945 1338 0.095304 05648136 Miller 01-27Weld 758620 7575902 6.150 51383 182470 15245.19 5.007 877 1.146 7030 204.787 7.030 05755 6150 513.83 1297 0.083549 00005494 Miller 0217 Weld 150900 14 351 38 5.350 50588 145.550 13.871.50 4691 655 763 6109 163834 6.109 0 875 5350 50985 1330 0095304 05397186 Miller 03-17J Wee 48.800 4,55084 6720 640.44 42 G80 401040 4.039 128] 1553_ 7679 52 953 ]679 0.8750 672D 84044 1338 0.095304 05390186 Miller 04470 Weld 49,800 4 650 64 3 840 365 97 44 960 4284.87 2 281 939 1.174 4 394 52.983 4.394 0.8750 3840 365 97 1338 0.095304 00110189 Miller 04-207 Weld 40.340 360506 4 700 35551 43.640 3.254.55 2,361 1 294 1715 5.372 52.493 5372 08750 4700 350.51 129 0074577 05357686 Mumby Stale Weld 70.180 1411.30 2,430 16994 17.750 1,24136 1826 591 757 3,174 25 040 3.174 12500000'% 08750 2430 169.94 020 0069936 00330995 Murata 01.197 Weld 37.750 271106 2000 50271 30.750 2208.35 _ 7,185 338 481 8.005 40986 8005 08]50 ]000 502 71 900 0.071816 00331095 Murata 04-197 Weld 37.750 ?71106 5.430 38996 32.320 2321.10 5 024 500 688 6 211 00986 6211 08750 5430 38996 500 0071816 00260194 Musick 0132 Weld 40,]94 3 114 24 7.3001 17560 38490 293864 2.129 231 269 2,629 44206 2629 08750 2300 17560 126 0076348 00150307 Musick 8001 Weld 1 34.590 266578 3.470 264.33 31420 2.398 85 2.334 6]2 955 3.961 37881 3 961 0.8]50 3470 294.93 126 0.0]6]40 05633/66 Nelson 01 Weld L 72.340 5,530 92 7.000 631 97 65.300 5,89895 6.003 880 1.112 7994 70.541 7994 08750 7000 63197 1295 0090281 00260294 Nelson 04-32 Weld 206830 1675078 5080 65945 196770 16099.33 0330 2212 2573 9215 22238] 9215 08750 8060 555 45 116 0.091818 00324194 Olin 01-04 Weld 75.800 511034 ],880 5]1.53 68000 458681 3,54623]8 3,080 9011 82,306 9.011 0.8750 7000 531.53 305 0.067453 05193185 Olive Weld 22560 160032 1.810 12839 20750 1.47193 1.855 83 119 ?067 24.494 2,06] 05750 1810 12839 822 00]0976 00253380 OSler 01 Weld 21.100 1 571 72 3000 23768 10100 143404 2.041 572 814 3426 72 909 3426 08750 3000 23768 108 0079228 - 00623796 Osier 13-27 Weld 54360 430684 4.980 394.56 49300 391228 1706 1941 2,045 5696 59019 5696 08750 4980 394.56 108 0.079228 00004894 0x]8730-220 Weld 34.100 270502 2.930 23214 31.250 2 475 88 1615 803 935 3353 37.110 3353 08750 2930 232.14 104 0.079228 00091493 Our Diana Pool 31.27 Weld 32 010 267440 5.740 47957 26 270 2.19483 5,744 360 461 6565 34,754 6565 00750 5740 479.57 1297 0.083549 05645085 Our Diana Pool 32.27 Well 32 510 2,674_40 2.320 19383 29090 2 480 57' j 2.655 0 0 26554 30 754 2.6554 0.87504 2320 193 834 1297 0.083549 105649085 Our Diana Pool 4l-27 Wed 32,010 267440 _ 2.200 19381 2981➢ 249059 2518 0 0 2518 34.754 2518 08750 2200 '.0381 1297 0083549 00091793 Our Diana Pool 42-27Weld 92015 267440 0.753 31331 22.220 __. __ 119] 444 520 4787 34754 4282 93752 3751 31331 1297 0083549 04035905 carter 01 We id '045533 '1'89332 10630 607.57 .36730 73555 052? 1 704 _ '524 '234' 159 004 12 341 08150 10000 80767 112 0.074784 00114589 Pier,09501 Weld 3.753 25530 2300 15355 I CDC ?'74 1 349 1DI 990 2 674 7 681 2 634 08750 2300 19356 1315 00041P Page 5 of 6 NORTH AMERICAN RESOURCES COMPANY PETITION FOR REFUND OF TAXES-1997 TAXES(1996 PRODUCTION YEAR) Original Assessed Direct Assessed Value Production Abate./Refund Abate.I Refund Balance Operating Return on Return of Total Allowable Exempt Royalty Assessment of Allowable Production Tax Schedule No. Well Name County Value Original Tax Assessed Value Tax Assessed Value Balance Tax Expenses Investment IRON Investment(Ron)Deduction 95%Limitation Deductions Percentage Ratio Deduction Tax Refund District Tax Rate 05146986 Powers 01-24 Weld 19 540 1 336 26 3,780 25497 16060 106329 3.265 436 620 4321 21541 4.321 08750 3780 254 97 305 0.007453 Puritan 01 Well 0 0.00 0 000 0 000 404 30 42 477 0 0 6.968000% 08750 0 000 1293 0.082549 Puritan 02 Weld 0 000 0 000 0 060 _ 725 29 41 795 0 0 6968800% 08]50 0 000 1293 0082549 Puritan 03 Weld 0 000 0 000 0 030 294 330 469 1094 0 0 6968000% 05750 0 000 1293 0.082549 Puritan 04 Weld 0 000 0 000 0 000 725 29 41 796 0 0 6.968800% 00750 0 0.00 1293 0082549 Punlan Tank Battery(1234) Weld 0 000 0 000 0 000 0 0 0 0 0 0 69700 0 000 1305 0000]12 00258289 Qualls 01 Wed 16 740 130854 4.120 34175 12.620 104679 4.066 264 375 4705 18.175 4,705 08750 4120 301 75 1347 0082946 00093593 Ranchero 32-34 Weld 49 860 3.48100 5 740 401 43 44.120 3 065 57 4.072 1.092 1 398 6,56] 54 134 6.562 0 5750 5740 401 43 820 0069936 05564486 Rocky Mounts Fuel 00-32) Weld 55240 6,35498 3060 44407 51380 5.91091 3.172 530 707 4,409 59,975 1409 0.8750 3860 44407 1364 0.115043 O0085490 Rocky Mount,Fuel 04-32J Weld 55.240 6.35498 3.430 394.60 51810 5.96038 2.013 842 1071 3.925 59975 3,925 08750 3430 394.60 1364 0.115043 _5610766 Salisbury Lease Weld 62000 6,025 78 4 720 450.22 57.360 556555 2704 1.190 1.499 5,392 67,401 5.392 08750 4720 456.22 1379 0097081 06265686 Sam 01 Weld 21820 152600 2680 18743 19140 13389 1,947 461 656 3064 23690 3.064 08750 2680 187.43 820 0.069936 00325395 Scheidt Stale 01 Weld 132.340 8.03850 3670 28827 98 570 775033 3.324 618 853 4.795 126 985 4795 12500000% 0.8750 3670 20827 827 0078548 00325595 SUreidt State 01.16 Weld 107.860 847218 6,360 49957 101500 7.97261 4.742 1.369 2,190 8.300 133.834 8,]00 12 500000% 00750 6360 49957 827 0070548 00251807 Scheidt State 03-162 Weld 105.230 8,26560 3630 285.13 101 500 7.980.47 3235 662 945 4.742 130571 4742 12500000% 00750 3630 205.13 827 0078540 06044786 Scheidt State 04.16) Weld 105.230 8,26560 2870 22543 102.360 8040.1] 2 537 460 654 3.750 130571 3750 12 500000% 00750 2870 225 027 00]5540 05365386 Seeley Lease Weld 70640 575482 4320 351.94 66.320 540288 3090 819 1.025 4934 76,695 4934 00750 4320 35194 115 0081487 05380986 Sprague 01-09 Weld 137,270 12.10709 4]30 38190 132,940 11.725.10 3 098 787 1.060 4944 149.036 4944 00750 4330 30190 134 0088199 00092993 Sprague 03-09 Wekl 101.370 822770 7620 51846 93.750 ]609.22 5521 1.396 1.787 8704 110059 0704 08750 7620 61848 109 0081185 00246293 Starks 01 Well 20280 1,]6794 4,460 300.84 15.020 1,06)10 3.678 599 852 5.129 22,179 5.129 0 726350% 08750 4460 30084 305 0.067453 06338106 Stelling 01 Weld 29140 196558 3,410 230.01 25730 173557 2739 476 617 3 892 31 638 3,892 08750 3410 23001 305 0.067453 00084590 Sullivan Cl Weld 60400 6,65400 3,540 30947 56940 6.26453 2.564 609 070 4050 66.664 4,050 0.8750 3540 38947 1422 0.11002 00053491 Twombly 01 Weld 73.110 6.24404 3.810 32500 69300 5,91964 2.673 692 995 4,350 79 377 4,350 0.8750 3810 32540 882 0085408 00260098 Ursula 01 Weld 60.420 4.225 53 260 1958 60.140 420595 80 97 139 316 65.599 316 01750 280 1958 820 0.069936 05265086 Ursula 02 Weld 60.420 4,225.53 5520 38805 54900 3.03946 6060 99 142 6.309 65,599 5,309 08750 5520 35605 820 0.069936 06255586 Wenzel Weld 33,170 2.23742 5030 36627 27.740 1,071 15 5047 481 683 6.211 36013 6,211 0.8750 5430 366.27 305 0.067453 05661486 Woolley 01 ee 10340 853.56 060 7099 9400 182.57 942 16 W 2] 981 11234 981 0.067200% 0.8750 860 70.99 1293 0.082549 0566 066 Woolley 02 Weld 10]40 653 56 ].590 296.35 6750 551.21 4.0]2 16 23 4.111 11 2]4 4.111 0 067200% 0.0750 3590 296 35 1293 0 082549 Woolley Tank Bdilery l and 2 Weld 0 000 0 000 0 000 0 0 0 0 0 0 06750 0 0.00 1305 0080712 TOTAL WELD COUNTY 10,182520 86698136 774,300 56085 90 9,408.220 800.89546 601081 131.490 170.120 902690 11.172054 892028 774300 66.085 90 Page 6 of 6 NORTH AMERICAN RESOURSES COMPANY 1996 Direct Operating Expenses DIRECT OPERATING EXPENSES Company Labor! Field TOTAL DIRECT Pumpers @ Supervision @ Vehicle Expense @ Contract Labor/ Road and Lease Repairs/Supplies Salt Water Measurement 8 Hot Oil OPERATING Well Name County 75% 50% 68% Pumpers©75% Maintenance Surface Power and Fuel Disposal Testing Treatment Overhead 20% EXPENSES Angela 01 Weld 0 0 0 19 0 0 10 76 7 0 0 112 Angela 42-28 Weld 0 0 0 19 0 0 5 11 7 0 0 42 Annis Weld 887 218 286 62 97 0 0 132 1 0 0 1683 Arens 33-15 Weld 887 217 286 387 57 194 0 1.355 I 449 0 3,843 Aristocrat 21-105 Weld 352 86 105 5.215 17 2.217 0 344 7 291 0 6,634 Aristocrat Federal 12-100 Weld 0 0 0 0 0 0 0 0 0 0 0 0 Aristocrat Federal 12-107 Weld 886_ 217 286 1.226 35 276 114 1.569 122 0 0 4751 Aristocrat Federal 31-10C Weld 0 0 0 910 19 99 74 2 2 0 0 1,106 Aristocrat Federal 31-105 Weld 814 200 259_ 1,036 470 293 45 2,891 108 0 0 6,115 Aristocrat Angus 43-02 Weld 883 216 285 70 55 100 43 1.505 36 0 1,079 4,272 Aristocrat Angus 44-02 Weld 889 218 287 _ 70 55 143 43 1.505 3_ 0 1.079 4.324 Tank Battery 01-02 Weld 0 0 0 0 0 0 0 0 0 0 0 0 Aristocrat 11-03 Weld 889 218 287 182 35 103 47 656 21 0 0 2,438 Aristocrat 12-03 Weld 861 216 285 182 35 103 47 656 21 0 0 2,426 Aristocrat 12-030 Weld 886 217 286 182 36 133 47 656 21 0 0 2,464 Aristocrat 21-03 Weld 682 216 285 182, 35 171 47 656 21 0 0 2,495 Tank Battery 01-03 Weld 0 0 0 0 0 0 0 0 0 0 0 0 Aristocrat 31-04 Weld 889 218 287_ 62 35 99 43 1,173 30 0 0 2,835 Aristocrat 41-04 Weld 155 38 46 238 0 80 0 0 0 0 0 556 Aristocrat 41-04C Weld 887 218 286 62 35 100 43 1.174 30 0 0 2.835 Aristocrat 42-04C Weld 88c 216 285 62 35 99 77 1.173 30 0 0 2,860 _Tank Battery 01-04Weld 0 0 0 0 0 0 0 0 0 0 0 0 Aristocrat Angus 31-08 Weld 884 217 286 99 35 99 42 267 21 0 0 1,950 Aristocrat Angus 32-08 _ Weld 884 217 286 99 35 99 42 267 21 0 0 1,949 Aristocrat Angus 41-08 Weld 887 218 286 99 35 99 42 267 21 0 0 1,954 Aristocrat Angus 42-08 Weld 885 217 286 99 35_ 99 42 26/ 21 0 0 1,951 Tank Battery 01-08 Weld 0 0 0 0 0 0 0, 0 - 0 0 0 0 Aristocrat 41-10C Weld 889 218 287 904 35 131 43 328 39 0 0 2.873 Aristocrat Angus 42-10 Weld 881_ 216 285 904 35 131 43 326 39 0 0 2,861 Tank Battery 01-10 Weld 0 0 0 0 0 0 0 0 0 0 0 0 Aristocrat Angus 33-02 — Weld 884 217 286 70 65 99 43 1.205 39 0 1,079 3,986 Aristocrat Angus 34-02 Weld 887 218 287 70 65 99 43 1205 39 0 1,079 3,992 - Tank Battery 02-02 Weld 0 0 0 0 0 0 0 0 0 0 0 0 Aristocrat Angus 22-03 Weld 885 217 286 56 43 121 42 327 17 0 0 1,994 Aristocrat Angus 2303 Weld 883 216 285 56 43 121 42 327 17 0 0 1,990 2Y 7 0 0 1,992 Ae kda tt Aug n493C Weld 886 21, 2860 0 0 17 0 0 1,985 A t c at Angus 3 13C _r o. 121 42 327 1 0 0 1,994 Angus 37-03C Weld 880 216 284 56 43 121 42 327 lA st -., ] 266 5b 43 1-9 42 327 i clattery 32-03 Weft: 0 0 0 0 0 0 0 0 Page 1 of 6 NORTH AMERICAN RESOURSES COMPANY 1996 Direct Operating Expenses DIRECT OPERATING EXPENSES Company Labor/ Field TOTAL DIRECT Pumpers @ Supervision @ Vehicle Expense g Contract Labor/ Road and Lease Repairs/Supplies Salt Water Measurement& Hot Oil OPERATING Well Name County 75% 50% 68% Pumpers @ 75% Maintenance Surface Power and Fuel Disposal Testing Treatment Overhead @ 20% EXPENSES Aristocrat Angus Fed 44-04 Weld B81 216 285 862 49 266 43 764 40 0 0 3.405 Federal 43-04 Weld 884 217 286 62 49 99 43 592 40 0 0 2271 Federal 43-040 Weld _ 887 218 286 62 49 99 43 592 40 0 0 2276 Tank Batter/02-04 Weld 0 0 0 0 0 0 0 0 0 0 0 0 Aristocrat Angus 11-08 Weld 887 216 286 62 36 99 43 1 002 27 0 0 2,660 Aristocrat Angus 21-08 Weld 885 217 286 62 35 266 43 1,002 27 0 0 2.822 Aristocrat Angus 22-08 Weld 885 217 286 62 35 235 43 1,002 27 0 0 2792 Tank Batter/02-08A Weld 0 0 0 0 0 0 0 0 0 0 0 0 Aristocrat Angus 43-030 Weld 889 210 287 143 35 225 51 1.070 39 0 0 2,956 Aristocrat Angus 44-03C Weld 887 218 286 143 35 160 64 1070 39 0 0 2901 Tank Battery 03-03 Weld 0 0 0 D 0 0 0 0 0 0 0 0 Aristocrat Angus 21-04 Weld 882 216 286 47 35 99 41 165 40 0 1,774 Aristocrat Angus 21-04C Weld 886 217 286 47 35 100 42 1.653 17 0 0 3,283 Aristocrat Angus 23-04 Weld 887 218 28/ 170 35 179 42 1.653 17 0 0 3,487 Aristocrat Angus 32-04 Weld 884 217 286 47 35 99 42 1.653 18 0 0 3,281 Aristocrat Angus 32-G40 Weld 884 217 286 47 35 99 42 1.653 17 0 0 3.280 Aristocrat Angus 34-04 Weld 885 217 286 47 35 100 42 1 490 16 0 0 3.119 Tank Battery 03-04A Weld 0 0 0 0 0 0 0 o 0 0 0 0 Aristocrat Angus 22-04 Weld 882 216 286 62 35 99 43 981 27 0 0 2,630 Aristocrat Angus 23-040 Weld 882 216 285 52 35 99 43 881 27 0 0 2,529 Aristocrat Angus 33-04 Weld 886 217 286 62 35 100 43 981 2/ 0 0 2,637 Tank Battery 03-046 Weld 0 0 0 0 0 0 0 0 0_ 0 0 0 Aristocrat 21-10C Weld 889 218 287 74 35 615 43 498 40 0 0 2,698 Federal 11-10 Weld 878 215 284 773 35 225 43 497 40 0 0 2,988 Federal 22-10 Weld 887 218 287773 35 226 43 49/ an 0 0 3006 Tank Battery 03-10A Weld 0 0 0 0 0 0 0 0 0 0 0 0 Aristocrat Angus 13-03 Weld 887 218 286 157 35 377 43 733 37 0 0 2,772 Aristocrat Angus 14-03 Weld _ 884 217 286 62 35 153 43 357 37 0 0 2,073 Aristocrat Angus 24-030 Weld 56 14 17 41 17 37 14 32 5 0 0 231 Tank Battery 04-03 Weld 0 0 0 0 0 0 0 0 0 0 0 0 Aristocrat Angus 11-04 Weld _ 884 21/ 286 168 35 100 42 214 3 0 0 1,948 Aristocrat Angus 12-04 Weld 883 216 285 58 35 99 47 732 109 0 0 2,463 _ Aristocrat Angus 12-04C Weld 886 217 286 59 35 99 47 732 109 0 0 2,469 _ Aristocrat Angus 13-04 Weld 887 218 287 47 35 328 41 178 3 0 0 2,024 Aristocrat Angus 14-04 Weld _ 886 21/ 286 59 35 99 47 732 109 0 0 2,469 Aristocrat Angus 14-040 Weld 881 216 285 58 35 99 47 732 109 0 0 2,461 Aristocrat Angus 24-04 Web 881 216 285 47 35 59 42 178 3 0 0 1/84 Tank Battery D404A Weld 0 3 0 .. 0 0 0 0 0 0 3 _ 0 Anstocret Angus 13-'0 Weld 882 215 285 951 35 259 43 1352 30 ,35 0 4,729 Page 2 of 6 NORTH AMERICAN RESOURSES COMPANY 1996 Direct Operating Expenses DIRECT OPERATING EXPENSES Company Labor/ Field TOTAL DIRECT Pumpers @ Supervision @ Vehicle Expense@ Contract Labor/ Road and Lease Repairs/Supplies Salt Water Measurement& Hot Oil OPERATING Well Name County 75% 50% 68% Pumpers @ 75% Maintenance Surface Power and Fuel Disposal Testing Treatment Overhead @ 20% EXPENSES Aristocrat Angus 14-10 Weld 892 219 288 749 36 299 43 1.621 39 135 0 4,321 Tank Battery 04-10 Weld 0 0 0 0 0 0 0 0 0 0 0 0 Bangert 02-19 Weld 879 216 264 62 17 151 0 2.358 80 0 1,016 5,062 Bangert 03-19 Weld 887 218 287 62 17 20 0 1,427 80 0 1.016 4,014 Barclay-Chrisman 04-20 Weld 881 216 285 209 17 83 0 177 80 0 0 1,947 Beebe Draw Weld 877 215 283 741 17 113 0 793 1 0 0 3,040 Berger 02-23 Weld 887 218 286 1,145 17 125 0 1 253 97 0 0 4,028 —B illings 01 Weld 885 217 286 332 17 143 0 0 1 0 0 1,881 Billings 02-34 Weld 883 216 285 1.367 137 0 0 198 1 0 0 3,087 Boock0l Weld 887 217 301 62 17 0 0 640 1 0 0 2.125 Boulder Bank 01 Weld 890 218 288 753 36 0 0 1.281 1 0 0 3,466 Boulder Bank 03-07 Weld 888 218 287 62 35 236 0 829_ 80 0 0 2,635 Branch 01 Weld 883 216 205 62 17 1.405 0 1.460 1 0 0 4,329 Children Hospital Weld 281 69 90 117 17 0 0 0 0 0 422 996 Christine Weld 886 217 286 770 17 47 0 497 1 0 0 2,721 Conner21-34 Weld 0 0 0 19 0 0 59 0 0 0 0 77 Conner 22-34 Weld 884 217 286 1.019 57 0 654 1,567 1 0 0 4,684 Conner 23-34 _ Weld 886 217 286 1,011 57_ 0 502 1,923 1 0 0 4,883 Conner 24-34 Weld 754 185 231 62 57 183 628 6.817 1 319 1,251 10,487 Cosslett 01 Weld 0 0 0 1.256 0 0 324 72 0 0 0 1,652 Cosslett 02 Weld 0 0 0 987 0 0 324 72 0 0 0 1,383 Cosslett Tank Battery Weld 0 0 0 0 0 0 0 0 0 0 0 0 Darlene 01 Weld 889 218 287 1,214 17 176 0 926 1 556 0 4,384 — De Vorc 01 Weld 883 216 285 62 17 178 0 1626 83 298 0 3,648 De Vore 03-34 Weld 887 218 287 319 17 83 0 1.370 82 0 0 3,263 Diane 01 Weld 881 216 285 219 17 102 0 1.240 1 0 0 2,960 Dier01 Weld 888 218 287 332 17 269 0 1,171 1 0 0 3,183 Der 04-08 Weld 887 218 286 62 17 0 0 1.573 80 0 0 3,123 Echeverna Ot Weld 883 216 285 723 17 137 0 1,243 99 0 0 3,603 Echeverria 0l-02 Weld 887 218 287 728 164 76 0 2.182 101 318 0 4,960 Edith Ann 01 Weld 882 216 206 1,635 17 41 0 1917 1 0 0 4,995 Elmquist 01 Weld 880 216 284 62 213 0 0 60 103 0 0 1,817 Emerson 02-29J Weld 885 217 286 295 46 17 0 720 41 0 0 2.507 Emerson 03-293 Weld 886 217 286 214 46 367 0 610 41 0 0 2,667 Federal 32-10 Weld 878 215 284 927 470 189 45 2,657 116 0 0 5.780 Flanigan ut Weld 001 216 285 __ 17 0 _ ''4 1 0 0 1,576 Four Way C' Wed 887 218 287 68' 77 0 3 '2C 1 0 0 3,392 Frederisen Web 883 46 285 332 1.532 3, 0 172 1 0 0 3428 Gittlein Olin 01-04 Weld 884 217 285 190 105 39 0 2.135 1 0 0 3,855 Page 3 of 6 NORTH AMERICAN RESOURSES COMPANY 1996 Direct Operating Expenses DIRECT OPERATING EXPENSES Company Labor! Field TOTAL DIRECT Pumpers Supervision Vehicle Expense @ Contract Labor/ Road and Lease Repairs!Supplies Salt Water Measurement 8 Hot Oil OPERATING Well Name County 75% 50% 68% Pumpers @ 75% Maintenance Surface Power and Fuel Disposal Testing Treatment Overhead @ 20% EXPENSES Gooding Gulch Weld 883 216 285 332 162 0 0 794 1 0 0 2,673 Grant Broths.02-26 Weld 883 216 285 332 17 193 0 1824_ 90 0 0 3.840 Grant Broths.03-23 Weld 889 218 207 764 17 115 0 2,287 103 0 0 4,679 Grattan 01 Weld 885 217 286 408 17 0 0 1.326 1 0 0 3,140 Gumeson 01 Weld 881 216 285 62 17 0 0 1,445 80 0 0 2,985 Gurtler Cl Weld 887 218 287 62 17 0 0 2481 82 0 0 4,034 Haley-Gumeson 02 Weld 877 215 283 62 17 0 0 150 80 0 0 1,683 Haley 03-22 Weld 884 217 286 665 115_ 0 0 593 94 0 0 2.853 Haley Lease Weld 886 217 206 332 318 0 0 137 1 0 0 2,177 Heron&Strong Weld 887 218 287 119 473 0 0 816 1 0 0 2,800 Herren 41.33 Weld 875 214 283 191 17 0 0 944 1 0 0 2,525 Hicks 04-18 Weld 883 216 285 3.252 17 0 ,. 1,51i I 0 _ 6,167 Horn-Libsack 01 Weld 890 216 288 707 42_ 0 0 230 1 0 0 2,376 Hun 01 Weld 879 216 284 389 17 0 0 942 1 0 0 2,727 Jillson 01 Weld 158 39 47 537 19_ 129 441 360 1 159 0 1,889 Jillson 01-22 Weld 885 217 286 443 17 0 0 306 1 0 0 2,155 Unison 02 Weld 156 38 47 151 0 91 747 24 1 0 0 1,255 Jillson 03 Weld 155 38 46 151 0 91 13 24 1 0 0 518 Jillson 04 Weld 0 0 0 537 0_ 91 38 84 1 0 0 751 Jillson 05 _ Weld 158 39 47 151 0 91 39 24 1 0 0 548 Jillson 06 Weld 155 38 46 305 50_ 207 40 24 1 0 0 866 Jillson Tank Battery)1.2.34.5.6) Weld 0 0 0 0 0L- 0 0 0 0 0 0 0 Jillson to Weld _ 0 0 0 214 0 18 0 123 0 0 0 355 Jillson 2A Weld 0 0 0 214 0 18 0 123 0 0 0 355 Jillson 3A Weld 0 0 0 214 0_ 18 0 123 0 0 0 355 Jillson 4A Weld 0 0 0 214 0 18 0 123 0 0 0 355 Jillson Gas Unit 01-22 Weld 887 217 266 332_ 67_ 130 0 337 1 0 0 2,257 Johnson-Neen01-13 Weld 879 216 284 332 17 139 0 220 1 0 0 2,088 Johnson 01 Weid 889 218 287 1.220 17_ 185 0 2174 1 497 0 5,487 Jolly Roger 01 Weld 887 218 286 62 1371. 56 0 52 1 0 0 1,699 Kaminsky 01 Weld 886 217 286 188 77 106 0 32 1 0 0 1,793 Kawakami 01 Recomple0on Weld 884 217 286 731 17_ 4 0 405 98 0 0 2,641 Kennedy Gas Unit Weld 886 217 286 434 213 425 0 778 1 0 0 3.240 Kiyota,John 03-35 _Weld 887 218 286 1.037 164_ 124 93 2648 159 823 0 6439 Kugel 01-18 Weld 886 217 286 332 17 0 0 462 80 0 1,016 3,296 Kugel 02.16 Weid 884 217 286 332 17 0 0 1.228 80 0 0 3,042 Leonard 01-17 Weld 436 lu/ 134 45 17 o 0 n 2 739 Leonard 0321) Weld 88S 2 t 7 266 35 206 „ 288 79 0 ,. 4.046 Leonard 04.71 J We'd 884 217 286 22,? 17 577 c oaa__.. 74 4.616 Page 4 of 6 NORTH AMERICAN RESOURSES COMPANY 1996 Direct Operating Expenses DIRECT OPERATING EXPENSES Company Labor/ Field TOTAL DIRECT Pumpers @ Supervision @ Vehicle Expense @ Contract Labor/ Road and Lease Repairs/Supplies Salt Water Measurement 8 Hot Oil OPERATING Well Name County 75% 50% fie% Pumpers @ 75% Maintenance Surface Power and Fuel Disposal Testing Treatment Overhead @ 20% EXPENSES Luhman01 Weld 888 218 287 749 83 328 0 1.636 1 0 0 4,189 _ Luhman 33-4 Weld 880 216 284 160 322 368 0 1,186 1 0 0 3.416 _ Maier Weld 887 217 286 62 17 0 0 182 1 0 136 1,789 Mantle 01 Weld 1,773 435 573 80 33 0 0 156 81 0 0 3.124 McClintock 01 Weld _ 889 218 287 35 17 385 1.580 248 1 0 1.537 5,197 McClintock 02 Weld 886 217 286 35 17 188 598 248 1 0 1,537 4,013 McClintock 03 Weld 884_ 217 295 452 17 10 675 1,384 1 184 1.537 5,647 McClintock 04 Weld 887 217 287 35 1/ 14 138 248 1 0 1,537 3,381 McClintock 05 Weld 885 217_ 285_ 550 17 622 599 1.384 1 489 1,537 6,585 McClintock06 Weld 0 0 0 0 0 0 0 0 0 0 0 0 McClintock07 Weld 0 0 0 19 0 14 138 248 0 0 0 418 McClintockTenk Battery(t thru 7) Weld 0 0 0 0 0 0 0 0 0 0 0 0 McConahav 33-34 Weld 0 0 0 19 0 0 202 0 0 0 0 221 McCoy Lease _Weld 886 217 286 332 17 0 0 339 1 0 0 2,078 Miller 01 Weld 885 217 286_ 3604 17 300 0 1,901 1 0 0 7,212 Miller 01-17 Weld 881 216 285 369 47 0 0 1.649 80 145 0 3,672 _ Miller 01-27 Weld 881 218 284 1.027 17 477 70 1,430 97 508 0 5,007 Miller 02-17 Weld 884 217 286 370 47 3 0 2.660 80 145 0 4,691 _ Miller 03-17J _Weld 792 194 265 854 47 2317 0 297_ 73 0 0 4,839 Miller 04-17J Weld 882 216 285 519 47 68 0 184 80 0 0 2,281 _ Miller 04.203 Weld 8901 218 288 447 1/ 83 0 338 80 0 0 2,361 Mumby State Weld 886 217 286 52 17 83 0 274 1 0 0 1,826 Murata 01-193 Weld 854 217 286_ 2,480 191 ?555 0 493 80 0 0 7,185 _ Murata 04-193 Weld 0 0 0 2461 87 2.359 0 117 0 0 0 5024 Musick 01-32Weld 884 3i7t 285 505 17 0 0 220_ 1 0 0 2,129 Musick GU 01 Weld 881 216 285 62 17 0 06 786 1 — 0 0 2.334 Nelson 01 Weld 881 216 284 332 73 2,360 0 1.764 92 0 0_ 6,003 Nelson 04-32 Weld 886 217 285 1106 17 0 38 1,490 31 259 0 4,330 Olin 01-04 Weld - 882 216 285 191 105 631 0 1.235 1 0 0 3,546 Olive Weld 885 217 286_ 452 -85 65 0 44 1 0 0 1,865 Oster 01 Weld - 885 217 286 62 77 0 0 434 80 0 0 2,041 Oster 13-27 Weld 884 217 286 97 17 0 0 205 1 0 0 1,706 Oster 31-28 Weld - 887 217 287 62 17 0 0 65 80 0 0 1,615 Our Diana Pool 31-27 Weld 879 216 284 2,379 17 882 698 191 1 197 0 5,744 Our Diana Pool 32-2/ Weld 884 217 286_ 62 17 702 356 131 1 0 0 2,655 0,k,D.aea Pool 4 i-21 Weld 597 145 202 62 0 199 719 591 1 0 0 2,518 Orr Diana Pod 42-2' Weld 290 71 84 45 17 750 1 ___ 21 0 361 0 3.183 - '4 0 0 9.522 Poke'^t Weld 885 217 286 6.655 '�� 54 C ' ?? _. .._ Petrzex01 Weld 895 217 286 332 „ _.. 0 144 1 0 0 1.948 Page 5 of 6 NORTH AMERICAN RESOURSES COMPANY 1996 Direct Operating Expenses DIRECT OPERATING EXPENSES Company Labor/ Field TOTAL DIRECT Pumpers @ Supervision @ Vehicle Expense @ Contract Labor/ Road and Lease Repairs/Supplies Salt Water Measurement 8 Hot Oil OPERATING Well Name County 75% 50% 68% Pumpers @ 75% Maintenance Surface Power and Fuel Disposal Testing Treatment Overhead @ 20% EXPENSES Powers 01-24 Weld 887 217 287 931 720 0 0 222 1 0 0 3265 Puritan 01 Weld 0 0 0 287 0 0 0 117 0 0 0 404 Puritan 02 Weld 0 0 0 287 0 0 431 7 0 0 0 725 Puritan 03 Weld 0 0 0 287 0 0 0 7 0 0 0 294 Puritan 04 Weld 0 0 0 287 0 0 431 7 0 0 0 725 Puritan Tank Battery11.2.347 Weld 0 0 0 0 0 0 0 0 0 0 0 0 Qualls Ot Weld 884 217 286 331 376 0 0 455 1 0 1.517 4.066 Ranchero 32-34 Weld 0 0 0 270 191 339 101 3097 74 0 0 4.072 Rocky Mounts Fuel 01-323 Weld 889 218 287 66 17 713 0 909 73 0 0 3,172 Rocky Mountn Fuel 04-32J Weld 887 218 287 36 17 104 0 384 80 0 0 2,013 Salisbury Lease Weld 885 217 286 389 17 173 0 736 1 0 0 2,704 Sam Ot Weld 883 216 285 152 77 198 0 62 74 0 0 1,947 Scheidt State Dl Weld 884 2'7 286 62 87 13 0 1 684 91 0 0 3,324 Scheidt State 01-16 Weld 887 218 286 62 1,864 122 0 1,212 91 0 0 4,742 Scheidt State 03-16J Weld 813 199 258 62 117 177 0 1.532 76 0 0 3235 _ Scheidt State 04-16J Weld 881 216 285 257 17 178 0 712 91 0 0 2,637 Sheley Lease Weld 885 217 286 1 061 29 20 0 590 1 0 0 3,090 Sprague 01-09 Wed 885 217 286 728 17 0 0 964 1 0 0 3,098 Sprague 03-09 Weid 884 217 286 1.847 566 211 0 1,413 98 D 0 5.521 Starks Ot Weld 881 216 285 62 1.889 0 0 268 78 0 0 3,678 Stelling 01 Weld 887 218 286 62 508 19 0 758 1 0 0 2,739 Sullivan 01 Weld 884 217 286 369 17 139 0 573 80 0 0 2.564 Twombly GI Weld 887 217 286, 137 351 0 0 794 1 0 0 2.673 Ursula 01 Weld 0 0 0 0 0 0 0 80 0 0 0 80 Ursula 02 Weld 884 217 286 36 77 21 577 2,750 97 0 1.124 6,068 Wenzel Weld 883 216 285 2.062 722 120 0 686 73 0 0 5,047 Woolley 01 Weld 71 17 27 561 0 0 99 166 0 0 0 942 Woolley 02 Weld 673 165 201 812 17 205 488 126 1 338 1 048 4,072 Woolley Tank Battery 1 and 2 Weld 0 0 0 0 0 0 0 0 0 0 0 0 TOTAL WELD COUNTY 151.935 37.253 49038 93.920 17.381 38.954 16.099 162.837 6410 6.706 20548 601081 Page 6 of 6 NORIH AMERICAN RESOURCES COMPANY HISTORICAL COST HISTORICAL DETAIL COST BY CATEGORY I HISTORICAL DETAIL COST BY YEAR LWE-HT.I SEPARATORS! PRODUCTION LWE- LWE- TOTAL Well Name County UNITS TANKS FLOWLINES COSTS 1988 1989 1990 1991 1992 1993 1994 1995 1996 TOTAL Angela 01 Weld 2314 1273 270 3,857 0 0 0 3857 0 0 0 0 0 3,857 Angela 42-28 Weld 4335 0 21116 25,451 0 0 0 0 25451 0 0 0 0 25,451 Annis Weld 6391 11767 18420 36.578 0 0 9452 27126 0 0 0 0 0 36,578 Arens33-15 Weld 11948 3262 6764 21,974 0 0 0 0 21974 0 0 0 0 21,974 Aristocrat 21-10S Weld 7869 2851 684 11,404 0 0 0 11404 0 0 0 0 0 11,404 Aristocrat Federal 12-10C Weld 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Aristocrat Federal 12-102 Weld 6026 683 11374 18 083 0 0 0 0 0 18083 0 0, 0 18,083 Aristocrat Federal 31-10C Weld 4107 1488 357 5,952 0 0 0 5952 0 0 0 0 0 5,952 Aristocrat Federal 31-10S Weld 4107 1488 357 5.952 0 0 0 5952 0 0 0 0 0 5,952 - Aristocrat Angus 43-02 Weld 3624 5046 3226 11,897 0 0 0 0 0 11897 0 0 0 11,897 Aristocrat Angus 44-02 Weld 3023 5071 4310 12,404 0 0 0 0 0 12404 0 0 0 12,404 Tank Battery 01-02Weld 0 0 0_ 0 0 C 0 0 0 0 0 0 0 0 Aristocrat 11-03 Weld 4086, 0 4643 8,728 0 0 0 0 0 8728 0 0 0 8,728 Aristocrat 12-03 Weld 1017 0 139 1.156 0 0 0 0 0 1156 0 0 0 1156 Aristocrat 12-03C Weld 552 2851 2028 5,431 0 0 0 0 0 5431 0 0 0 5,431 Aristocrat 21-03 Weld 7140 1416 13151 21,706 0 0 0 0 0 21706 0 0 0 21,706 Tank Battery 01-03Weld 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Aristocrat 31-04 Weld 1017 148 582 1,748 0 0 0 0 0 1748 0 0 0 1,748 Aristocrat 41-04 Weld 0 3168 1714 4882 0 0 0 0 0 4882 0 0 0 4,882 Aristocrat 41-040 Weld 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Aristocrat 42-04C Weld 1017 0 139 1.156 0 0 0 0 C 1156 C 0 0 1,156 Tank Battery 01-04Weld 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Aristocrat Angus 31-08 Weld 650 1140 8471 10261 0 0 0 0 0 10261 0 0 0 10,261 Aristocrat Angus 32-08 Weld 2035 1408 6920 10,363 0 0 0 0 0 11985 0 0 -1622 10,363 Aristocrat Angus 41.0 8Weld 2437 1382 795 4,613 0 0 0 2769 0 1844 0 0 0 4613 Aristocrat Angus 42-08 Weld 2035 1139 4624 7 799 0 0 0 0 0 9421 C 0 -1622 7,799 Tank Battery 01-08 Weld 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Aristocrat 41-10C Weld 6099 2210 530 8,838 0 0 0 8838 0 0 0 C 0 8,838 Aristocrat Angus 42-10 Weld 4086 3516 5674 13.276 0 0 0 0 0 26151 0 0 -12875 13,276 Tank Battery 01-10 Weld 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Aristocrat Argus 33 02 Weld 3023 2867 2237 8.127 0 0 0 0 0 8127 0 0 0 8,127 Aristocrat Angus 34-02 Weld 15723 3293 1293 20.309 0 0 0 0 0 20309 0 0 0 20,309 Tank Battery 02-02 Weld 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Aristocrat Angus 22-03 Weld 6239 1803 10599 18,642 0 0 0 0 0 18642 0 0 0 18,642 Aristocrat Angus 23-03 We id _ 0 0 0 0 I 0 0 0 0 0 0 0 0 0 01 Aristocrat Angus 23-03C Weld 2153 1850 3460 7464 0 0 0 0 0 7464 0 0 0 7,464 Aristocrat Angus 33-03G Weld 3 3 2 485 485 0 _ 0 0 0 485 0 0 0 485 Aristocrat Angus 3.1030 Weic .. 465 465 .. 0 .. 0 405 _ 0 0 485 Tank Battery 02-03 Weld 0 0 0 G 0 _ 0 0 C 0 0 0 0 0 Page 1 of 6 NORTH AMERICAN RESOURCES COMPANY HISTORICAL COST HIS I ORICAI.DETAIL COST BY CATEGORY HISTORICAL DETAIL COST BY YEAR LWE-HT / SEPARATORS I PRODUCTION LWE- LWE- TOTAL Well Name County UNITS TANKS FLOVVLINES COSTS 1988 1989 1990 1991 1992 1993 1994 1995 1996 TOTAL Aristocrat Angus Fed.44-04 Weld 0 1277 4561 5838 0 0 0 0 0 5838 0 0 0 5,538 Federal 43-04 Weld 5320 1928 765 8.013 _ 0 0 0 7710 0 303 0 0 0 8013 Federal 43-040 Weld 0 1277 1799 3,076 0 0 0 0 0 3076 0 0 0 3,076 Tank Battery 02-04 Weld 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Aristocrat Angus 11-08 Weld 01 1180 4294 5474 0 0 0 0 0 5474 0 0 0 5474 Aristocrat Angus 21-08 Weld 0 6419 584 7,003 0 0 0 0 0 7003 0 0 0 7,003 Aristocrat Angus 22-08 Weld 12257 667 625 13549 0 0 0 0 0 13549 0 0 0 13,549 Tank Battery 02-08A Weld or 0 0 0 0 0 0 0 0 0 0 0 0 0 Aristocrat Angus 43-03C Weld 0 0 485 485 0 0 0 0 0 485 0 0 0 485 Aristocrat Angus 44-03C Weld 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Tank Battery 03-03 Weld 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Aristocrat Angus 21-04 Weld 0 125 485 610 0 0 0 ^ 5 ., 485 0 0 125 610 Aristocrat Angus 21-04C Weld 144 125 1268 1,537 0 0 0 0 0 1412 0 0 125 1,537 Aristocrat Angus 23-04 Weld 0 125_ 485 610 0 0 0 0 0 485 0 0 125 610 Aristocrat Angus 32-04 Weld 1017 125 139 1,281 0 0 0 0 0 1156 0 0 125 1,281 Aristocrat Angus 32-040 Weld 146 133 580 859 0 0 0 0 0 734 0 0 125 859 Aristocrat Angus 34-04 Weld C 125 495 610 0 0 0 0 0 485 0 0 125 610 Tank Battery 03-04A Weld 0 0 0 0 0 0 0 0 D 0 0 0 0 0 Aristocrat Angus 22-04 Weld 304 0 42 346 0 0 0 0 0 1156 0 0 -810 346 Aristocrat Angus 23-04C Weld 0_ 475 2338 3.313 0 0 0 0 0 3100 0 0 213 3,313 Aristocrat Angus 33-04 Weld 1017 0 409 1,426 0 0 0 0 270 1156 0 0 0 1426 Tank Battery 03-040 Weld 0_ 0 0 0 0 0 0 0 0 0 0 0 0 0 Aristocrat 21-10C Weld 0 0 3025 3,025 0 0 0_ 0 0 0 0 3025 0 3,025 Federal 11-10 Weld 12991 5947 5441 24.379 0 0 0 0 0 18938 5441 0 0 24.379 Federal 22-10 Weld 0 517 �2307 0 0 0 0 0 3183 0 0 0 3,183 Tank Battery 03-10A Weld 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Aristocrat Angus 13-03 Weld 5165 1374 3914 10453 _ 0 0 0 0 0 10453 0 0 0 10,453 Aristocrat Angus 14-03 Weld 1017 0 139 1,156 0 0 0 0 0 1156 0 0 0 1,156 Aristocrat Angus 24-03C Weld 0 0 485 405 0 0 0 0 0 485 0 0 0 485 Tank Battery 04-03Weld 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Aristocrat Angus 11-04 Weld 3064 29 7939 11,031 0 0 0 0 0 14096 0 0 -3065 11,031 Aristocrat Angus 12-04 Weld 1017 0 139 1156 0 0 0 0 0 1156 0 0 0 1,156 Aristocrat Angus 12-040 Weld 885 0 3228 4,114 0 0 0 0_ 0 4114 0 0 0 4,114 Aristocrat Angus 13-04 Weld 0 0 3405 3,405 0 0 0 0 0 6470 0 0 -3065 3,405 Aristocrat Angus 14-04 Weld 1017 0 139 1-156 0 C 0 0 0 1156 0 0 0 1,156 A;Istccat Angus 14-040 Weld 56 0 3321 3.377 0 0 0 0 0 3377 0 0 0 3,377 Aristocrat Angus 24-04 Weld 1017 0 970 1.567 0 3 C 0, _3, 0 0 0 1,987 Tank Battery 04-04A Weld a 0 0 Si 0 0 0 .. 0 .. C _ 0 0 cr t.A^ Weld 2469 r 663 n x g„Ei}�n 4085 136tH 0 0 n 13219 n 0 0 13618 Page 2 of 6 NORTH AMERICAN RESOURCES COMPANY HISTORICAL.COST (HISTORICAL DETAIL COST BY CATEGORY HISTORICAL DETAIL COST BY YEAR LWE-H.T./ SEPARATORS/ PRODUCTION LWE- LWE- TOTAL Well Name County UNITS TANKS FLOWLINES COSTS 1988 1989 1990 1991 1992 1993 1994 1995 1996 TOTAL Aristocrat Angus 14-10 Weld 12257 2469 8502 23228 0 0 0 0 0 10971 12257 0 0 23,228 Tank Battery 04-10 Weld 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Banged 02-19 Weld 0 20824 13249 34.073 0 0 20824 0 0 13249 0 0 0 34,073 Banged 03-19 Weld 0 2414 14953 17.367 0 0 2414 0 0 14953 0 0 0 17,367 Barclay-Chnsman 04-20 Weld 6685 3839 11330 21.854 0 0 0 0 0 21854 0 0 0 21,854 Beebe Draw Weld 6130 8527 3931 18588 0 0 0 11843 0 0 615 0 6130 18,588 Berger02-23 Weld 11507 3811 7115 22,433 0 0 0 15318 7115 0 0 0 0 22433 &lings 01 Weld 4695 1701 408 6.805 0 0 0 6805 0 0 0 0 0 6,805 Billings 02.34 Weld 66 0 6198 6,263 0 0 0 0 6263 0 0 0 0 6.263 Boock 01 Weld 8481 5253 2043 15.776 0 0 0 7295 0 0 0 0 8481 15,776 Boulder Bank 01 Weld 14068 5224 19044 38,336 0 17947 0 20389 0 0 0 0 0 38,336 Boulder Bank 03-07 Weld 0 15771 17070 32.841 0 0 32841 0 0 0 0 0 0 32841 Branch 01 Weld 0 7690 4026 11.716 0 0 0 10681 0 0 1035 0 0 11,716 Childrens Hospital Weld 2898 1050 252 4200 0 0 0 4200 0 0 0 0 0 4,200 Christine Weld 0 7839 3088 10,927 0 0 0 10888 0 39 0 0 0 10,927 Conner21-34 Weld 0 0 479 479 0 0 0 479 0 0 0 0 0 479 Conner 22-34 Weld 1302 0 211 1,513 0 0 0 3013 -1500 0 0 0 0 1,513 Conner 23-34 Weld 1808 994 211 3013 0 0 0 3013 0 0 0 0 0 3,013 Conner 24-34 Weld 1835 1009, 214 3,058 0 0 0 3058 0 0 0 0 0 3,058 Cosslett 01 Weld 0 0 318 318 0 0 0 318 0 0 0 0 0 318 Cosslelt02 Wed 0 0 307 307 0 0 0 307 0 0 0 0 0 307 Cossletl Tank Battery Weld 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Darlene 01 Weld 15030 3073 1313 19,415 0 0 0 13550 0 0 0 0 5865 19,415 De Vore 01 Weld 23121 7173 2535 32.829 0 0 0 20320 2816 0 0 0 9693 32,829 _ De Vore 03-34 Weld 7500 17455 27408 52,363 0 0 17455 0 0 27329 0 0 7579 52,363 Diane Cl Weld 5895 2136 513_ 8,544 0 0 0 8544 0 0 0 0 0 8,544 Dier Cl Weld 6459 2340 562 9.361 0 0 0 9361 0 0 0 0 0 9,361 Dier04-08 Weld 0 11171 41783 52.954 0 0 11171 0 0 47725 0 0 -5942 52,954 Echevema01 Weld 14014 10268 10143 34,425 0 0 0 20310 14115 0 0 0 0 34425 Echeverria 01-02 Weld 0 13367 16347 29,714 0 0 0 0 29714 0 0 0 0 29,714 Edrth Ann 01 Weld 14649 10668 23976 49293 0 0 7227 36916 0 0 0 0 5150 49,293 Eimquist-Cl Weld 9584 3472 833 13890 0 0 0 13890 0 0 0 0 0 13,890 Emerson 02-29J Weld 6251 3455 874 10.580 0 0 0 9033 0 0 0 0 1547 10,580 Emerson 03-29J Weld 0 1197 1622 2.819 0 0 0 1290 0 0 0 0 1529 2,819 Federal32-10 Weld 9818 0 1372 11.190 0 0 o 0 0 11190 0 0 0 11,190 Flaclgan^_'. Way^_ vn%F 3506 342 14.023 3 0 _ 10359 0 0 0 -2336 14,023 Fee WA,:4 Weld 2 7935 3099 11 020 0 0 0 0 11020 0 0 0 0 11.020 Fedeekser, Weld 7421 2689 1013 11.122 0 0 0 10755 367 0 0 C 0 11,122 LGiItlee Olin 01-04 Weio 0 3 3 0 0 - 0 0 _ 0 0 0 0 0 Page 3 of 6 NORTH AMERICAN RESOURCES COMPANY HISTORICAL COST HISTORICAL DETAIL COST BY CATEGORY I HISTORICAL DETAIL COST BY YEAR COTE-HT SEPARATORS I PRODUCTION LWE- LWE- TOTAL Well Name County UNITS TANKS FLOWLINES COSTS 1988 1989 1990 1991 1992 1993 1994 1995 1996 TOTAL Gooding Gulch Weld 0 5869 3037 8.906 0 0 0 8906 0 0 0 0 0 8,906 Grant Broths.02-26 Weld 0 21678 8070 29748 0 0 0 0 29748 0 0 0 0 29,748 Grant Broths.03-23 Weld 0 23389 7139 30,528 0 0 0 0 30528 0 0 0 0 30,528 Grattan 01 Weld 9890 26462 20479 56,830 0 0 22879 33951 0 0 0 0 0 56,830 Gumesan 01 Weld 6645 3798 14942 25.385 0 0 0 0 11021 14364 0 0 0 25,385 Gustier 01 Weld 9343 20756 20077 50.187 0 0 17381 32806 0 0 0 0 0 50,187 Haley-Gumeson 02 Weld 14114 7735 1227 23,076 0 0 0 20455 0 0 0 0 2621 23,076 Haley 0322 Weld 5754 4526 6232 16,512 0 0 0 10280 6232 0 0 0 0 16,512 Haley Lease Weld 4883 1769 425 7,077 0 0 0 0 7077 0 0 0 0 7,077 Herron 8 Strong Weld 9369 4307 794 14,470 0 0 0 0 13227 0 0 0 1243 14,470 Herren 41-33 Weld 14381 2217 6109 22,707 0 0 0 0 0 0 0 22707 220 22,707 Hicks04-18 Weld 11585 2094 15431 29,109 0 0 0 0 27015 2094 0 0 0 29,109 Horn-Libsace 01 Weld 394C 1428 2985 8354 0 0 0 5711 0 0 2643 0 0 6,354 Hurt01 Weld 3579 1297 311 5.186 0 0 0 0 5186 0 0 0 0 5,186 Jillson01 Weld 0 0 590 590 0 0 0 590 0 0 0 0 0 590 Jillson 01-22 Weld 0 0 0 0 6 0 0 0 0 0 0 0 0 0 JillsonO2 Weld 0 0 634 634 0 0 0 634 0 0 0 0 0 634 Jillson 03 Weld 0 0 530 630 0 0 0 630 0 0 0 0 0 630 Jillson04 Weld 0 0 630 630 0 0 0 530 0 0 0 0 0 630 Jillson05 Weld 0 0 631 631 0 0 0 631 0 0 0 0 0 631 Jillson 06 Weld 0 0 596 596 0 0 0 596 0 0 0 0 0 596 Jillson Tank Battery(12,3.4,56) Weld 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Jilleon1A Weld 0 0 612 612 0 0 0 612 0 0 0 0 0 612 Jillson 2A Weld 0 0 612 612 0 0 0 612 0 0 0 0 0 612 Jillson 3A Weld 0 0 589 589 0 0 0 589 0 0 0 0 0 589 Jillson4A Weld 0 0 616 616 0 0 0 616 0 0 0 0 0 616 Jillson Gas Unit 01-22 Weld 5957 5532 6525 18,014 0 0 0 12007 6007 0 0 0 0 18,014 JohnsonN,ven 01-13 Weld 6220 2254 10041 18515 0 0 0 9015 0 9500 0 0 0 16,515 Johnson of Weld 17203 2983 841 21.026 0 0 0 0 13959 0 0 0 7067 21,026 Jolly Roger CI We'd 2942 1065 256 4.264 0 0 0 4264 0 0 0 0 0 4,264 Kaminsky 01 Weld 13102 3421 821 17,343 0 C 0 13682 0 0 0 0 3661 17,343 Kawakami 01 Recompledon Weld 7973 4873 8980 21.826 0 0 0 0 11035 10791 0 0 0 21,826 Kennedy Gas Unit Weld 8312 3012 723 12046 0 0 0 12046 0 0 0 0 0 12,046 Kiyota.John 03-35 Weld 11507 3435 21838 36780 0 0 0 3435 33345 0 0 0 0 36,780 Kugel 01-18 Weld 8539 13319 14982 36,840 0 0 28301 0 0 8539 0 0 0 36,840 Kugel 6biH Weld Ste_ 3431 21220 26,177 0 o o 7 76177 _ 0 0 0 25,1]] Ieona,a Y.-1. Weis 4 . 7v '003 16717 0 7 s 0 0 0 0 0 16,717 Leonard03-21J Welc 2, 2727 534 9.852 0 3r. 99es 0 975 0 0 0 9,882 'Leonard 04-21J Weld 6885 2142 10414 19441 0 0 0 8566 0 10875 0 6 0 19,441 Page 4 of 6 NORTH AMERICAN RESOURCES COMPANY HISTORICAL COST HISTORICAL DETAIL COST BY CATEGORY HISTORICAL DETAIL COST BY YEAR LWE-HT / SEPARATORS/ PRODUCTION LWE- LWE- TOTAL Well Name County UNITS TANKS FLOWLINES COSTS 1988 1989 1990 1991 1992 1993 1994 1995 1996 TOTAL Luhman01 Weld 9335 3382 812 13,528 0 0 0 0 13528 0 0 0 0 13,528 Luhman 33-4 Web 18915 2700 6777 28,392 0 0 0 0 0 0 19504 2700 6168 28,392 Maie, Weld 5097 1847 592 7.536 0 0 0 8916 0 0 0 0 -1380 7,536 Mantle 01 Weld 0 7344 3324 10668 0 0_ 0 0 10200 458 0 0 0 10,668 McClintock 01 Weld 0 0 280 280 0 0 0 280 0 0 0 0 0 280 McClintock 02 Weld 0 0 294 294 0 0 0 294 0 0 0 0 0 294 McClintock 03 Weld 0 0 292 292 0 0 0 292 0 0 0 0 0 292 McClintock 04 Weld 0 0 246 246 0 0 0 246 0 0 0 0 0 246 McClintock 05 Weld 0 0 297 297 0 0 0 297 0 0 0 0 0 297 McClintock06 Weld 0 0 415 415 0 0 0 415 0 0 0 0 0 415 McClintock 07 Weld 0 0 2800 2.800 C 0 0 2600 0 0 0 0 0 2.800 MOCIIntockTank Battery(1 thru 7) Weld 0 0 0 0 0 0 0 0 0 0 0 0 0 0 McConahay 33-34 Weld 2341 1288 273 3,902 0 0 0 3902_ 0 0 0 0 0 3,902 McCoy Lease Weld 9454 3425 822 13701 0 0 0 13701 0 0 0 0 0 13,701 Miller 01 Weld 11906 3317 796 16020 0 0 0 13270 0 0 0 0 2750 16,020 Miller 01-17 Weld 13592 3470 7647 24.709 0 0 0 0 0 24709 0 0 0 24,709 Miller 01-27 Weld 4667 4453 7238 16,358 0 0 0 4453 11272 0 0 0 633 16,358 Miller 02-17 Weld 3487 3952 3237 10,576 0 0 0 0 0 10676 0 0 0 10,676 Miller 03-17J Weld 8056 1623, 13705 23384 0 0 0 6301 0 13790 0 0 3293 23,384 Miller 04-17J Weld 4348 1640 10475 16,463 0 0 0 6301 0 10097 0 0 65 16,463 Miller 04-20J Weld 11197 4057 8776 24,030 0 0 0 16227 0 7803 0 0 0 24,030 Mumby State Weld 0 7627 2966 10.593 0 0 0 0 10593 0 0 0 0 10,593 Murata 01-19J Weld 4648 1684 404 6 736 0 0 0 6736 0 0 0 0 0 6,736 Murata 04-19J Weld 7539 1684 404 9,627 0 0 0 6737 2890 0 0 0 0 9,627 Musick 01-32 Weld 0 1288 2477 3,764 0 6 0 0 0 3764 0 0 0 3,764 Musick GU Cl Weld 9225 3342 902 13,370 0 0 0 13370 0 0 0 0 0 13,370 Nelson 01 Weld 9893 5400 859 16152 0 0 0 0 14971 0 0 0 1181 16,152 Nelson 0432 Weld 12048 3191 22179 37418 0 0 0 0 15239 22179 0 0 0 37,418 OLn01-04 We'd 18977 2621 20270 41,868 0 0 0 13201 19641 11742 0 0 -2715 41,869 Olive Weld 1147 416 100 1,662 0 0 0 1662 0 0 0 0 0 1,662 Oster 01 Weld 0 8200 3189 11.390 0 0 0 11390 0 0 0 0 0 11,390 Oster 13-27 Weld 15866 3774 9035 28574 0 0 0 0 0 0 24900 3774 0 28.674 Oster 31-28 Weld 6867 1115 5106 13.088 0 0 0 0 0 13088 0 0 0 13,088 Our Diana Pool 31-27 Weld 0 0 6454 6,454 0 0 0 0 6454 0 0 0 0 6,454 Our Diana Pool 32-27 Weld C 00 0 0 0 0 6 0 0 6 0 0 0 Our Dana Pao)41-27Weld 9 0 4 4 0 0 0 0 4 0 0 0 0 4 Our Diana Pool 4227 Weld 0 0 8677 8677 0 0 0 0 8677 0 0 0 0 8,677 Parker 01 We'd 18995 3803 2592 25.4d9 0 0 C 0 15210 0 19,9 0 0300 25,489 Pstzak 31 Weld 3'22 1349 324 S 394 0 0 0 0 5394 0 0 0 0 5394 Page 5 of 6 NORTH AMERICAN RESOURCES COMPANY HISTORICAL COST HISTORICAL DETAIL COST BY CATEGORY HISTORICAL DETAIL COST BY YEAR SEPARATORS/ PRODUCTION LWE- LWE- TOTAL Well Name County UNITS TANKS FLOWLINES COSTS 1988 1989 1990 1991 1992 1993 1994 1995 1996 TOTAL Powers 01-24 Weld 5992 2171 521 8684 0 0 0 8684 0 0 0 0 0 8684 Puritan 01 Weld 0 0 594 594 0 0 0 594 0 0 0 0 0 594 Puritan02 Weld 0 0 570 570 0 0 6 570 0 0 0 0 0 570 Puritan 03 Weld 0 0 6571 6.571 0 0 0 6571 0 0 0 0 0 6,571 Purtan 04 Weld 0 0 580 580 0 0 0 580 0 0 0 0 0 580 Puritan Tank Battery It 2 3.4i Weld 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Qualls 01 Weld 0 3780 1470_ 5.250 0 0 0 5250 0 0 0 0 0 5,250 Ranchero 32-34 Weld 7725 6539 5306 19569 0 0 0 0 19569 0 0 0 0 19,569 Rocky Mountn Fuel 01-32J Weld 6129 4533 529 11.191 0 0 0 8599 0 13 0 0 2579 11,191 Rocky Mountn Fuel 04-323 Weld 7784 4660 3802 16.245 0 0 0 8600 0 5135 0 0 2510 16,245 Salisbury Lease Weld 15771 4998 1199 21.968 0 0 0 0 19991 0 0 0 1977 21968 Sam 01 Weld 0 6509 2570 9.180 0 0 0 9180 0 0 0 0 0 9,180 Scheidt State 01 Weld 5934 3541 2463 11,938 0 0 0 8600 3338 0 0 0 0 11,938 Scheidt State 01-16 Weld 0 18850 11804 30,654 0 6 30654 0 0 0 0 0 0 30,654 Scheidt State 03-163 Weld 11683 2288 549 14,520 0 0 0 9151 0 0 0 0 5369 14,520 Scheidt State 04-163 Weld 6315 2288 549 9,152 0 0 0 9152 0 0 0 0 0 9,152 Sheley Lease Weld 8788 4802 764 14,354 0 0 0 0 12736 0 1618 0 0 14,354 Sprague 01-09 Weld 12924 2785 793 15.502 0 0 0 13168 0 0 0 0 3334 16,502 Sprague 03-09 Weld 11742 2891 10386 25,018 0 0 0 0 25018 0 0 0 0 25,018 Starks 01 Weld 8232 2983 716 11.931 0 0 0 11931 0 0 0 0 0 11,931 Stelling CI Weld 6538 2369 569 9,476 0 0 0 9476 0 0 0 0 0 9,476 Sullivan 01 weld 9513 1947 827 12,287 0 0 0 13787 -1500 0 0 0 0 12,287 Twombly 01 Weld 9513 3447 827 13.787 0 0 0 13787 0 0 0 0 0 13,787 Ursula 01 Weld 1131_ 670 143 1,944 0 0 0 2032 -88 0 0 0 0 1,944 Ursula 02 Weld 1155 683 145 1,983 0 0 0 2071 -88 0 0 0 0 1,983 Wenzel Weld 0 6889 2679 9567 0 0 0 9567 0 0 0 0 0 9,567 Woolley01 Weld 0 0 324 324 0 0 0 324 0 0 0 0 0 324 Woolley02 Weld 0 0 324_ 324 0 0 0 324 0 0 0 0 0 324 Woolley Tank Battery 1 and 2 Weld 0 0 0 0 0 0 0 0 0 0 0 0 0 0 TOTAL WELD COUNTY 915,213 630,978 867.524 2.413 815 0 17947 200599 804.861 568.401 655.532 69.992 32,206 64,275 2,413,813 Page 6 of 6 NORTH AMERICAN RESOURCES COMPANY RETURN OF INVESTMENT 1996 DEPRECIATION-Roll (14 YR.STRAIGHT LINE METHOD/MIDYEAR CONVENTION Well Name County 1966 1989 1990 1991 1992 1993 1994 1995 1996 TOTAL Angela 01 Weld 0 0 0 138 276 276 276 276 276 1,515 Angela 42-28 Weld 0 0 0 0 909 1.818 1818 1,818 1,818 8,181 Ann's Weld 0 0 338 1,644 2613 2613 2613 2613 2,613 15,045 Arens 33-15 Weld 0 0 0 0 785 1,570 1.570 1.570 1.570 7,063 Aristocrat 21-105 Weld 0 0 0 407 815 815 815 815 815 4,480 Aristocrat Federal 12-100 Weld 0 0 0 0 0 0 0 0 0 0 Aristocrat Federal 12-103 Weld 0 C 0 0 0 646 1.292 1.292 1.292 4.52T Aristocrat Federal 31-10C Weld 0 0 0 213 425 425 425 425 425 2,338 Aristocrat Federal 31-105 Weld 0 0 0 213 425 425 425 425 425 2.338 Aristocrat Angus 43-02 Weld 0 0 0 0 0 425 850 850 850 2,974 Aristocrat Angus 44-02 Weld 0 0 0 0 0 443 886 886 886 3,101 Tank Battery 01-02 Weld 0 0 0 0 0 0 8 0 0 0 Aristocrat 11-03 Weld 0 0 0 o_ 0 312 623 623 623 2.182 Aristocrat 12-03 Weld 0 0 0 0 0 41 83 83 83 289 Aristocrat 12-03C Weld 0 0 0 0 0 194 388 388 388 1,358 Aristocrat 21-03 Weld 0 0 0 0 0 775 1.550 1.550 1.550 5.427 Tank Battery 01-03 Weld 0 0 0 0 0 0 0 0 0 0 Aristocrat 31-04 Weld 0 0 0 0 0 62 125 125 125 437 Aristocrat 41-04 Weld 0 0 0 0 0 174 349 349 349 1,221 Aristocrat 91-040 Weld 0 0 0 0 0 0 0 0 0 0 Aristocrat 42-040 Weld 0 0 0 0 0 41 83 83 83 289 Tank Battery 01-04Weld 0 0 0 0 0 0 o a 0 0 Aristocrat Angus 31-08 Weld 0 0 0 0 0 366 733 733 733 2.565 _ Aristocrat Angus 32-08 Weld 0 0 0 0 0 428 856 856 798 2,938 Aristocrat Angus 41-08 Weld 0 0 0 99 198 264 330 330 330 1,549 Aristocrat Angus 42-08 Weld 0 0 0 0 0 336 673 673 615 2.297 _ Tank Battery 01-08 Weld 0 0 0 0 0 0 0 0 0 0 Aristocrat 41-100 Weld 0 0 0 316_ 631 631 631 631 631 3.472 Aristocrat Angus 42-10 Weld 0 0 0 0 0 934 1968 1.868 1.408 6078 Tank Battery 01-10 Weld 0 0 0 0 0 0 0 0 0 0 Aristocrat Angus 33-02 Weld - 0 0 0 0_ 0 290 581 581 581 2,032 Aristocrat Angus 34-02 Weld 0 0 0 0 0 725 1 451 1451 1,451 5,077 Tank Battery 02-02 Weld 0 0 0 0 0 0 0 0 0 0 Aristocrat Angus 22-03 Weld 0 0 0 0 0 666 1.332 1,332 1,332 4,661 Aristocrat Angus 23.0'3 Weld - 0 0 0 0 0 0 0 0 0 0 Aristocrat Angus 23-03C Weld 0 C 0 0 0 267 533_ 533 533 1.866 Aristocrat Angus 33-030 Web 0 3 u O u 17 35 35 35 121 Anstocral Angus 34-030 Weld = 0 0 _ ,, _ = 3_ __ 35 121 Te'ru Rane-y 02-03 Weld 0 0 j ___ L � 0 0 Page 1 of 6 NORTH AMERICAN RESOURCES COMPANY RETURN OF INVESTMENT 1 1996 DEPRECIATION-Roll (14 YR.STRAIGHT LINE METHOD/MIDYEAR CONVENTION Well Name County 1988 1989 1990 1991 1992 1993 1994 1995 1996 TOTAL Aristocrat Angus Fed 44-04 Weld 0 0 0 0 0 209 417 417 417 1,460 Federal 43-04 Weld 0 0 0 275 551 562 572 572 572 3,105 Federal 43-040 Weld 0 0 0 0 0 110 220 220 220 769 Tank Batter/02 04 Weld 0 0 0 0 0 0 0 0 0 0 Aristocrat Angus 11-08 Weld 0 0 0 0 0 196 391 391 391 1369 Aristocrat Angus 21-08 Weld 0 0 0 0 0 250 500 500 500 1,757 - Ai islocrat Angus 22-08 Weld 0 0 0 0 0 484 968 968 958 3,387 Tank Battery 02-08A Weld 0 0 0 0 0 0 0 0 0 0 Aristocrat Angus 43-030 Weld 0 0 0 0 0 17 35 35 35 121 Aristocrat Angus 44-03C Weld 0 0 0 0_ 0 0 0 0 0 0 Tank Battery 03-03 Weld 0 0 0 0 0 0 0 0 0 0 Aristocrat Angus 21-04 Weld 0 0 0 0 0 17 35 35 39 126 — Aristocrat Angus 21-04C Weld 0_ 0 0 0 0 50 101 101 105 357 Aristocrat Angus 23-04 Weld 0 0 0 0 0 17 35 35 39 126 Aristocrat Angus 32-04 Weld - 0 0 0 0 0 41 83 83 87 293 Aristocrat Angus 32-04C Weld 0 0 0 0 0 26 52 52 57 188 Aristocrat Angus 34-04 Weld - 0 0 0 0_ 0 17 35 35 39 126 Tank Battery 03-04A Weld 0 0 0 0 0 0 0 0 0 0 — Aristocrat Angus 22-04 Weld 0 0 0 0 0 41 83 83 54 260 Ansmcrat Angus 23-040 Weld u 0 0 0 111 221 221 229 783 Aristocrat Angus 33-04 Weld 0 0 0 0 10 51 102 102 102 376 Tank Battery 03-040 Weld 0 0 0 0 0 0 0 0 0 0 Aristocrat 21-10C Weld 0 0 0 0 0 0 0 108 216 324 Federal 11-10 Weld - 0 0 0 0 0 676 1,547 1,741 1,741 5,706 Federal 22-10 Weld O 0 0 0 0227 114 227 227 796 Tank Battery 03-10A Weld 0 0 0 0 0 0 0 0 0 0 Aristocrat Angus 13-03 Weld 0 0 0 0 0 373 747 747 747 2,613 Aristocrat Angus 14-03 Weld 0 0 0 0 0 41 83 83 83 289 Aristocrat Angus 24-030 Weld 0 0 0 0 0 17 35 35 35 121 Tank Battery 04-03 Weld 0 0 0 0 0 0 0 0 0 0 Aristocrat Angus 11-04 Weld 0 0 0 0 0 503 1007 1.007 897 3415 Aristocrat Angus 12-04 Weld 0 0 0 0 0 41 83 83 83 289 Aristocrat Angus 12-04C Weld 0 0 0 0 0 147 294 294 294 1,029 Aristocrat Angus 13-04 Weld 0 0 0 0 0 231 462 462 353 1,508 Aristocrat Angus 14-04 Weld 0 0 0 0 0 41 53 83 83 289 Aristocrat Angus 14-040 Weld 0 0 C 0 0 121 241 241 241 844 _ Aristocrat Angus 24-04 Weld 0 0 u u 3u 101 142 142 142 556 lank Battery O4-04A _ Weld 9 0 _ 0 0 0 0 0 Aristnrrat Angus 1319 Weld 4 0 L J 6 450 9;3 973 9;3 3,405 Page 2 of 6 NORTH AMERICAN RESOURCES COMPANY RETURN OF INVESTMENT 1996 DEPRECIATION-Rofl (14 YR.STRAIGHT LINE METHOD/MIDYEAR CONVENTION Well Name County 1988 1989 1990 1991 1992 1993 1994 1995 1996 TOTAL Aristocrat Angus 14-10 Weld 0 0 0 0 0 392 1.221 1659 1,659 4,932 Tank Battery 04-10 Weld 0 0 0 0 0 0 0 0 0 Banged 02-19 Weld 0 0 744 1,487 1,487 1.961 2434 2.434 2,434 12,981 Bangen 03.19 Weld 0 0 86 172 172 706 1.241 1,241 1,241 4,859 Barclay-Chrisman 04-20 Weld 0 0 0 0 0 781 1,561 1,561 1,561 5,464 Beebe Draw Weld 0 0 0 423 846 846_ 868 890 1,109 4,981 Berger 02-23 Weld 0 0 0 547 1,348 1,602 1602 1,602 1.602 8.305 Billings 01 Weld 0 0 0 243 486 486 486 486 486 2,673 Billings 02-34 Weld 0 0 0 0 224 447 447 447 447 2013 Boack Ol Weld 0 0 0 261_ 521 521 521 521 824 3,169 Boulder Bank 01 Weld 0 641 1.282 2010 2.738 2,738 2.738 2738 2,738 17,624 Boulder Bank 03-07 Weld 0 0 1,173 2,346 2346 2.346 2,346 2.346 2.346 15,248 Branch 01 Weld 0 0 0 381 763 763 800 837 837 4,381 Childrens Hospital Weld 0 0 0 150 300 300 300 300 300 1,650 Christine Weld 0 0 0 389 778 779 781 781 781 4,287 Conner 21-34 Weld 0 0 0 17 34 34 34 34 34 168 Conner22-34 Weld 0 0 0 108 162 108 108 108 108 702 Conner23-34 Weld 0 0 0 108 215 215 215 215 215 1,184 Conner24-34 Weld 0 0 0 109 218 218 218 218 216 1,201 Cossiett 01 Weld 0 0 0 11 23 23 23 23 23 125 Cossiett 02 Weld 0 0 0 11 22 22 22 22 22 121 Cossiett Tank Battery Weld 0 0 0 0 0 0 0 0 0 0 Darlene 01 Weld 0 0 0 484 968 968 968 968 1.177 5,533 De yore 01 Weld 0 0 0 726 1,552 1653 1.653 1,653 1,999 9,234 De Vore 03-34 Weld 0 0 623 1,247 1,247 2,223 3.199 3.199 3.470 15,207 Diane 01 Weld 0 0 0 305 610 610 610 610 610 3,357 Der 01 Weld 0 0 0 334_ 669 669 669 669 569 3,678 offer 04-08 Weld 0 0 399 798 798 2.502 4,207 4,207 3,995 16.906 Echeverria 01 Weld 0 0 0 725 1,955 2,459 2.459 2.459 2.459 12,516 Echeverria 01-02 Weld 0 0 0 0 1.061 2,122 2.122 2.122 2.122 9,551 Edith Ann 01 Weld 0 0 258 1.835 3.153 3,153 3.153 3.153 3,337 18,042 Elmquist 01 Weld 0 0 0 496 992 992 992 992 992 5,457 Emerson 02-29J Weld 0 0 0 323 645 645 645 645 700 3,604 Emerson 03-29J Weld 0 0 0 46 92 92 92 92 147 561 Federal 32-10 Weld 0 0 0 0 0 400 799 799 799 2.798 _ Flanigan 01 We'd 0 0 0 0 584 1,169 1.169 11169 1,085 5,175 Four Way 01 Weld 0 0 0 U 394 ]8] 767 707 787 3,542 Frederksen Weld 0 0 0 384 .,n 794 794 794 794 4343 G le;r 0•m 111-04 We'd U u 0 0 0 0 U C 0 0 Page 3 of 6 NORTH AMERICAN RESOURCES COMPANY RETURN OF INVESTMENT 1996 DEPRECIATION-Rof I (14 YR.STRAIGHT LINE METHOD/MIDYEAR CONVENTION Well Name County 1986 1989 1990 1991 1992 1993 1994 1995 1996 TOTAL Gooding Gulch Weld 0 0 0 318 636 636 636 636 636 3,499 Grant Broths 02-26 Weld 0 0 0 0 1.062 2.125 2.125 2.125 2,125 9,562 Grant Broths.03-23 Weld 0 0 C 0 1.090 2.181 2.181 2,181 2.181 9,813 Gratton 01 Weld 0 0 817 2,847 4.059 4,059 4,059 4,059 4,059 23,960 Gumeson 01 Weld 0 0 0 0 394 1,300 1,813 1.013 1,813 7,133 Gunter 01 Weld 0 0 621 2413 3,585 3.585 3.585 3.585 3,585 20,956 Haley-Gumeson 02 Weld 0 0 0 731 1.461 1.461 1,461 1,461 1.555 8.129 Haley 03-22 Weld 0 0 0 367 957 1.179 1.179 1.179 1.179 6.042 Haley Lease Weld 0 0 0 0 253 506 506 506 506 2,275 Herron 8 Strong Weld 0 0 0 0 472 945 945 945 989 4,296 Herren 41-33 Weld 0 0 0 .. 0 811 1,622 2,433 Hicks 04-18 Weld 0 0 0 0 965 2,004 2.079 2.079 2,079 9,207 Horn-Liosack Cl Weld 0 0 0 204 406 408 502 597 597 2716 Hurt01 Weld 0 0 0 0 185 370 370 370 370 1,667 Jillson 01 Weld 0 0 0 21_ 42 42 42 42 42 232 Jillsor 01-22 Weld 0 0 0 0 0 0 0 0 0 0 Jillson 02 Weld 0 0 0 23 45 45 45 45 45 249 Jillson 03 Weld 0 0 0 23 45 45 45 45 45 248 Jillson 04 Weld 0 0 0 23_ 45 45 45 45 45 248 Jillson 05 Weld 0 0 0 23 45 45 45 45 45 248 Jillson 06 Weld 0 0 0 21 43 434 43 43 43 234 Jillson Tank Battery(1 23.45.6) Weld 0 0 0 0 0 0 0 0 0 0 Jillson 1A Weld 0 0 0 22 44 44 44 44 44 240 Jillson 2A Weld 0 0 0 22 44 44 44 44 44 240 Jillson 3A Weld 0 0 0 21_ 42 42 42 42 42 231 Jillson 4A Weld 0 0 0 22 44 44 44 44 44 242 Jillson Gas Unit 01-22 Weld 0 0 0 429 L072 1287 1,287 1,287 1,287 6648 Johnson-NEven 01-13 Weld 0 0 0 322_ 644 983 1,323 1,323 1,323 5.917 Johnson Cl Weld 0 0_ 0 0 499 997 997 997 1.249 4,739 Jolly Roger 01 Weld 0 0 0 152 305 305, 305 305 305 1,675 Kaminsky 01 Weld 0 0 0 489 977 977 977 977 1.108 5,506 Kawakami 01 Recompletion Weld 0 0 0 0 394 1,174 1,559 1,559 1,559 6,245 Kennedy Gas Un t Weld 0 0 0 430 B60 860 860 860 860 4,732 Kiyota,John 03-35 Weld 0 0 0 123 1,436 2.627_ 2,627 2.627 2.627 12,068 Kugel 01-1BWeld _ 0 0 1.011 2.022 2.022 2,326 2.631 2.631 2.631 15,275 Kugel 02-I6 We'd 0 .. 0 925 _ 1 B70 1 970 9,414 Leonard 01-1.I Wed - 0 _ 537 1 194 1.194 1.194 5,567 Leonard 03212 Weld .. _, _ 2'8 ___ _. 706 706 706 3,743 Leonard 04-21J Weld 0 0 0 306 612 1.000 1,389 1.389 1.389 6,064 Page 4 of 6 NORTH AMERICAN RESOURCES COMPANY RETURN OF INVESTMENT 1996 DEPRECIATION-Rotl (14 YR.STRAIGHT LINE METHOD/MIDYEAR CONVENTION Well Name County 1988 1989 1990 1991 1992 1993 1994 1995 1996 TOTAL Luhman01 Weld 0 0 0 0 483 966 966 966 966 4,348 Luhman 33-4 Weld 0 0 0 0 0 0 697 1A90 1,807 3,993 Maier Weld 0 0 0 318 637 637 637 637 588 3.453 Mantle 01 Weld 0 0 0 0 364 745 762 762 762 3,396 McClintock 01 Weld 0 0 0 10 20 20 20 20 20 110 McClintock 02 Weld 0 0 0 11 21 21 21 21 21 116 McClintock 03 Weld 0 0 0 10 21 21 21 21 21 115 MCClintock 04 Weld _ 0 0 0_ 9 18 18_ 18 18 18 97 McClintock Cs Weld 0 0 0 N 21 21 21 21 21 117 McClintock 06 Weld 0 0 0_ 15 30 30 30 30 30 163 McClintock 07 Weld 0 0 0 100 200 200 200 200 200 1,100 McClintockTank Battery(1 thru 7) Weld 0 0 0 0 0 0 0 0 0 0 McConahay 33-34 Weld 0 0 0 139 279 279 279 279 279 1,533 McCoy Lease Weld 0 0 0 489 979 979 979 979 979 5,383 Miller 01 Weld 0 0 0 474 948 948 948 948 1,046 5,311 Miller 01-17 Weld 0 0 0 0 0 882 1,765 1785 1,765 6,177 Miller 01-27 Weld 0 0 0 159 721 1,123 1,123 1,123 1,146 5,395 Miller 02-17 Weld u 0 0 .. 381 753 763 763 2,669 Miller 03-172 Weld 0 0 0 225 450 943 1,435 1435 1,553 6.041 Miller 04-17J Weld 0 0 0 225 450 811 1,171 1.171 1,174 5,002 Miller 04-20J Weld 0 0 6 580 1,159 1.438 1,716 1,716_ 1,716 8,326 Mumby State Weld 0 0 0 0 378 757 757 757 757 3,405 Murata 01-19J Weld 0 0 0 241 481 481 481 481 481 2,646 Murata 04-192 Weld 9 0 0 241 584 688 688 688 688 3,576 Musick 01-32 Weld 0 0 0 0 0 134 269 269 269 941 Musick GU 01 Weld 0 0 0 478 955 955 955 955 955 5,253 Nelson 01 Weld 0 0 0 0 535 1,069 1,069 1,069 1,112 4,854 Nelson 04-32 Weld 0 0 0 0 544 1.881 2.673 2,673 2.673 10,443 Olin 01-04 Weld 0 0 0 471 1.644 2.765 3,185 3.185_ 3088 14,338 Olive Weld 0 0 0 59 119 119 119 119 119 653 Oster Cl Weld 0 0 0 407 814 814 814 814 814 4,475 Oster 13-27 Weld 0 0 0 0 0 0 889 1,913 2,048 4,851 Oster 31-28 Weld 0 0 0 0, 0 467 935 935_ 935 3,272 Our Diana Pool 31.27 Weld 0 0 0 0 231 461 461 461 461 2,075 Our Diana Pool 32-27Weld 0 0 0 0 0 0 0 0 0 0 Our Diana Po;41-2 Weld 0 _ n 0 = 0 0 1 Our 42-.P Web ., 312., _ .. ,_ ___ ___ 520 620 2,789 PaikerCI VJe,d o - C n 543 1086 1157 1226 1.524 5,539 Pietrzak Cl Weld 0 0 0 0 193 385 355 385 385 1,734 Page 5 of 6 NORTH AMERICAN RESOURCES COMPANY RETURN OF INVESTMENT 1996 DEPRECIATION Ron (14 YR STRAIGHT LINE METHOD/MIDYEAR CONVENTION Well Name County 1988 1989 1990 1991 1992 1993 1994 1995 1996 TOTAL Powers 01-24 Weld 0 0 0 310 620 620 620 620 620 3412 Puritan Ot Weld 0 0 0 21 42 42 42 42 42 233 Puritan 02 Weld 0 0 0 20 41 41 41 41 41 224 Puritan 03 Weld 0 0 0 235 469 469 469 469 469 2,581 Puritan 04 Weld 0 0 0 21 41 41_ 41 41 41 228 Puritan Tank Battery It 2.3.41 Weld 0 0 0 0 0 0 0 0 0 0 Qualls 01 Weld 0 0 0 188 375 375 375 375 375 2,063 Ranchero 32-34 Weld 0 0 0 0 699 1,398 1,398 1.398 1,398 6,290 Rocky Mountn Fuel 01-32.1 Weld 0 0 0 307 614 615 615 615 707 3,474 Rocky Mountn Fuel 04-32.1 Weld 0 0 0 307 614 798 981 981 1,071 4,752 Salisbury Lease Weld 0 0 0 0 714 1 428 1.428 1.428 1.499 6,496 Sam Ot Weld _ 0 0 0 328_ 656 656 656 656 656 3,606 Scheidt State 01 Weld 0 0 0 307 734 853 853 853 853 4,452 Scheidt State 01-16 Weld 0 0 1,095 2,190 2,190 2.190 2,190 2,190 2.190 14,232 Scheidt State 03-16.1 Weld 0 0 0 327 654 654 654 654 845 3,787 Scheidt State 04.16.1 Weld 0 0 0 327 654 654 654 654 654 3,595 Sheley Lease Weld 0 0 0 0 455 910 968 1,025 1,025 4,383 Sprague 01-09 Weld 0 0 0 470 941 941 941 941 1060 5,292 Sprague 03-09 Weld 0 0 0 0 894 1,787 1.787 1 787 1,787 8,042 Starks 01 Weld 0 0 0 426 852 852 852 852 852 4,687 Stelling 01 Weld 0 0 0 338_ 677 677 677 677 677 3,723 Sullivan 01 Weld 0 0_ 0 492 931 878 878 878 878 4,934 Twombiy 01 Weld O 0 0 492 985 985 985 985 985 5.416 Ursula 01 Weld 0 0 0 73 142 139 139 139 139 770 Ursula 02 Weld 0 0 0 74 145 142 142 142 142 785 Wenzel Weld 0 0 0 342 683 683 683 683 683 3,758 _ Woolley 01 Weld 0 0 0 12 23 23 23 23 23 127 Woolley 02 Weld 0 0 0 12 23 23 23 23 23 127 Woolley Tana Battery 1 and 2 Weld 0 0 0 0 0 0 0 0 0 0 TOTAL WELD COUNTY 0 641 8.446 44.355 93.401 137,112 163,024 166.674 170.120 783,773 Page 6 of 6 NORTH AMERICAN RESOURCES COMPANY RETURN ON INVESTMENT RETURN ON INVESTMENT(ROll 1996 AVERAGE 12/31/1995 NET 12/31/1996 NET NET BOOK ACTUAL ROI TOTAL ROI Well Name County BOOK VALUE BOOK VALUE VALUE RATE DEDUCTION Angela 01 Weld 2617 2,342 2.480 7813% 194 Angela 42-28 Weld 19,088 17.270 18.179 7.813% 1,420 Annis Weld 24,146 21.533 22,839 7.813% 1.784 Arens 33-15 Weld 16.481 14.911 15,696 7813% 1.226 Aristocrat 21-10S Weld 7,738 6.924 7,331 7.813% 573 Aristocrat Federal 12-10C Weld 0 0 0 7.813% 0 Aristocrat Federal 12-10J Weld 14.854 13.562 14.208 7.813% 1,110 Aristocrat Federal 31-100 Weld 4.039 3614 3.826 7.813% 299 Aristocrat Federal 31-105 Weld 4.039 3.614 3,826 7.813% 299 Aristocrat Angus 43-02 Weld 9.773 8.923 9,348 7.813% 730 Anstocrat Angus 44-02 Weld 10.189 9.303 9,746 7.813% 761 Tank Battery 01-02 Weld 0 0 0 7.813% 0 Aristocrat 11-03 Weld 7.169 6.546 6858 7.813% 536 Aristocrat 12-03 Weld 950 867 908 7.813% 71 Aristocal 12-03C Weld 4.461 4,073 4,267 7.813% 333 Aristocrat 21-03 Weld 17.830 16.280 17,055 7.813% 1,332 Tank Battery 01-03 Weld 0 0 0 7.813% 0 Aristocrat 31-04 Weld 1,436 1.311 1,373 7 813% 107 Aristocrat 41-04 Weld 4010 3,662 3,836 7.813% 300 Aristocrat 41-040 Weld 0 0 0 7.813% 0 Aristocrat 42-04C Weld 950 867 908 7.813% 71 Tank Battery 01-04 Weld 0 0 0 7.813% 0 Anstocrat Angus 31-00 Weld 8.425 7,696 8,062 7.813% 530 Aristocrat Angus 32-08 Weld 9 945 7.424 8,635 7 813% 675 Aristocrat Angus 41-08 Weld 3,394 3.064 3,229 7.813% 252 Aristocrat Angus 42-08 Weld 7,739 5501 6.620 7.813% 517 Tank Battery 01-08 Weld 0 0 0 7 813% 0 Aristocrat 41-100 Weld 5.997 5.366 5.682 7.813% 444 Aristocrat Angus 42-10 Weld 21,481 7,198 14.340 7.813% 1.120 Tank Battery 01-10 Weld 0 0 0 7813% 0 Aristocrat Angus 33-02 Weld 6.676 6,095 6.386 7.813% 499 Aristocrat Angus 34-02 Weld 16.682 15.232 15.957 7.813% 1.247 Tank Battery 02-02 Weld 0 0 0 7 813% 0 Aristocrat Angus 22-03 Wela 15313 13,992 14,647 7 813% 1.144 Aristocrat Angus 23-03 Weld 0 0 0 7.813% 0 Anstocra!Angus 23.030 Wale n -1 r 586 5 868 7813% 458 Ar stocrat Argus 33 030 Wet! 308 364 381 7 813% 30 A-,.stocrat Angus 34-03C Weld 395 384 381 7 813% 30 Tank Battery 02-03 Weld U 0 u T.813% 0 Page 1 of 6 NORTH AMERICAN RESOURCES COMPANY RETURN ON INVESTMENT RETURN ON INVESTMENT(ROI) 1996 AVERAGE 12/31/1995 NET 12/31/1996 NET NET BOOK ACTUAL ROI TOTAL ROI Well Name County BOOK VALUE BOOK VALUE VALUE RATE DEDUCTION Aristocrat Angus Fed.44-04 Weld 4.796 4379 4.587 7.813% 358 Federal 43-04 Weld 5481 4,908 5,195 7.813% 406 Federal 43-04C Weld 2.527 2,307 2,417 7.813% 189 Tank Battery 02-04 Weld 0 0 0 7 813% 0 Aristocrat Angus 11-08 Weld 4,497 4,106 4.301 7.813% 336 Aristocrat Angus 21-08 Weld 5,752 5,252 5,502 7813% 430 Aristocrat Angus 22-08 Weld 11.130 10.162 10,646 7813% 832 Tank Batten/02-08A Weld 0 0 0 7.813% 0 Aristocrat Angus 43-03C Weld 398 364 381 7.813% 30 Aristocrat Angus 44-03C Weld 0 0 0 7.813% 0 Tank Battery 03-03 Weld 0 0 0 7813% 0 Aristocrat Angus 21-04 Weld 398 484 441 7.813% 34 Aristocrat Angus 21-04C Weld 1.160 1.180 1.170 7.813% 91 Aristocrat Angus 23-04 Weld 398 484 441 7.813% 34 Aristocrat Angus 32-04 Weld 950 988 969 7.813% 76 Aristocrat Angus 32-04C Weld 603 671 637 7.813% 50 Aristocrat Angus 34-04 Weld 398 484 441 7 813% 34 Tank Battery 03-04A Weld 0 0 0 7.813% 0 Aristocrat Angus 22-04 Weld 950 86 518 7 813% 40 Aristocrat Angus 23-04C Weld 2.546 2.531 2.539 7.813% 198 Aristocrat Angus 33-04 Weld 1,152 1,050 1,101 7813% 86 Tank Battery 03-04B Weld 0 0 0 7813% 0 Aristocrat 21-100 Weld 2.917 2701 2609 7 813% 219 Federal tt-10 Weld 20.414 18673 19,544 7 813% 1,527 Federal 22-10 Weld 2615 2,387 2,501 7 813% 195 Tank Battery 03-10A Weld 0 0 0 7.813% 0 Aristocrat Angus 13-03 Weld 8,586 7.840 6.213 7.813% 642 Aristocrat Angus 14-03 Weld 950 867 908 7.813% 71 Aristocrat Angus 24.03C Weld 398 364 381 7.813% 30 Tank Battery 04-03 Weld 0 0 0 7 813% 0 Aristocrat Angus 11-04 Weld 11.579 7,616 9,598 7.813% 750 Aristocrat Angus 12-04 Weld 950 867 908 7.813% 71 Aristocrat Angus 12-04C Weld 3279 3086 3232 7813% 253 Aristocrat Angus 13-04 Weld 5315 1897 3.606 7.813% 282 Aristocrat Angus 14-04 Weld 950 867 908 /813% 71 Arstocrat Angus 14 040 We'd 2 d d 4 2 533 2 653 7.813% 207 .e'�-_to::at A-g'us 24',74 We..4 1 573 1.431 1 502 7813% 117 Tank BeFLG'04 04A Weld 0 0 0 7 813% 0 Aristocrat Angus 13-10 Weld 11.186 10-,214 Iu700 i 8i3'% 836 Page 2 of 6 NORTH AMERICAN RESOURCES COMPANY RETURN ON INVESTMENT RETURN ON INVESTMENT(ROI) 1996 AVERAGE 12/31/1995 NET 12/31/1996 NET NET BOOK ACTUAL ROI TOTAL ROI Well Name County BOOK VALUE BOOK VALUE VALUE RATE DEDUCTION Aristocrat Angus 14-10 Weld 19,956 18297 19.126 7.813% 1,494 Tank Battery 04-10 Weld 0 0 0 7.813% 0 Bangers 02-19 Weld 23526 21 092 22,309 7.813% 1,743 Bangert 03-19 Weld 13,748 12,508 13,128 ?813% 1,026 Bartley-Chrisman 04-20 Weld 17952 16,391 17,171 7.813% 1,342 Beebe Draw Weld 8,585 13,607 11.096 7813% 867 Berger 02-23 Weld 15.731 14.128 14.929 7.813% 1,166 Billings 01 Weld 4,618 4.132 4,375 7.813% 342 Billings 02-34 Weld 4.697 4,250 4,474 7813% 350 Boock 01 Weld 4.950 12.607 8,779 ?813% 686 Boulder Bank 01 We'd 23 450 20,712 22,081 7813% 1,725 Boulder Bank 03-07 Weld 19,939 17,593 18,766 7813% 1,466 Branch 0" Weld 8.172 7335 7754 7813% 606 Childrens Hospital Weld 2,850 2,550 2,700 7813% 211 Christine Weld 7,420 6,640 7.030 7.813% 549 Conner 21-34 Weld 325 291 308 7.813% 24 Conner 22-34 Weld 920 811 866 7.813% 68 Conner 23 34 Weld 2-045 1.829 1.937 7.913% 151 Conner 24-34 Weld 2.075 1.857 1,966 7.813% 154 Cosslett 01 Weld 216 193 204 7.813% 16 Cosslett 02 Weld 208 186 197 7813% 15 Cosslett Tank Battery Weld 0 0 0 7 813% 0 Darlene 01 Weld 9195 13.882 11.538 7.813% 901 De Vore 01 Weld 15901 23.595 19.748 7.813% 1,543 De Vore 03-34 Weld 33047 37.156 35.101 7.813% 2,742 Diane 01 Weld 5.798 5 187 5493 7 813% 429 Diet 01 Weld 6,352 5683 6018 7.813% 470 Der 04-08 Weld 45.985 36.048 41,017 7.813% 3.205 Echeverria 01 Weld 24.368 21,909 23,139 7.813% 1808 Echeverria 01-02 Weld 22.286 20,163 21.224 7.813% 1,658 Edith Ann 01 Weld 29.438 31,251 30.344 7.813% 2,371 Elmgwst 01 We'd 9.425 8.433 8.929 7.813% 698 Emerson 02-29J Weld 6.130 6.976 6.553 7.813% 512 Emerson 03-29J Weld 875 2.257 1,566 7813% 122 Federal 32-10 Weld 9.192 8.393 8.792 7.813% 687 par,gar 0' Wein 12 728 8 848 10 554 7 81314 825 For Wav3^ 1/7.43.1 8265 7''5 _ '8'3% 615 Ereder'tise- Weld 7 573 _779 7 1'9 7 813% 561 Gnuem pun 01-04 Wem 0 u u 7813% 0 Page 3 of 6 NORTH AMERICAN RESOURCES COMPANY RETURN ON INVESTMENT RETURN ON INVESTMENT(ROI) 1996 AVERAGE 12/31/1995 NET 12/31,1996 NET NET BOOK ACTUAL ROI TOTAL ROI Well Name County BOOK VALUE BOOK VALUE VALUE RATE DEDUCTION Gooding Gulch Weld 6,043 5407 5.725 7.813% 441/ Grant Broths.02-26 Weld 22,311 20.186 21,249 7.813% 1560 Grant Broths.03-23 Weld 22896 20,715 21806 7813% 1704 Grafton 01 Weld 36,929 32.870 34,899 7.813% 2,727 Gumeson 01 Weld 20,065 18252 19,158 7.813% 1497 Gurtler 01 Weld 32814 29,229 31.022 7813% 2.424 Haley-Gumeson 02 Weld 13,880 14946 14413 7.813% 1,126 Haley 03-22 Weld 11,650 10,470 11060 7 813% 864 Haley Lease Weld 5,308 4,802 5.055 7.813% 395 Herron&Strong Weld 9,920 10,174 10,047 ]813% 785 Herren 41-33 Weld 21,896 20.274 21,085 7.813% 1.647 Hicks 04-18 Weld 21,981 19.902 20.942 7.813% 1,636 Horn-Llbsack 0' Weld 6.235 5638 5,937 7.813% 464 Hurt 01 Weld 3,890 3.519 3,704 7.813% 289 Jillson 01 Weld 40G 358 379 7813% 30 Jillson 01-22 Weld 0 0 0 7.813% 0 Jillson 02 Weld 430 385 408 7813% 32 Jillson 03 Weld 426 383 405 7 813% 32 Jillson 04 Weld 428 383_ 405 7.813% 32 Jillson 05 Weld 428 383 406 7.813% 32 Jillson 06 Weld 404 362 383 7.813% 30 Jillson Tank Battery 11 2.3.4.561 Weld 0 0 0 7.813% 0 Jillson 1A Weid 415 372 393 7813% 31 Jillson 22 Weld 415 372 393 7.813% 31 Jillson 3A Weld 400 358 379 7.813% 30 Jillson 4A Weld 418 374 396 7.813% 31 Jillson Gas Unit 01-22 Weld 12,653 11 366 12,010 7.813% 938 Johnson-Niven 01-13 Weld 13 921 12.598 13.260 7.813% 1.036 Johnson 01 Weld 10,469 16.287 13.378 7.813% 1,045 2011y Roger 01 Weld 2.893 2,589_ 2,741 7.813% 214 Kaminsky 01 Weld 9.284 11.837 10.561 7.813% 825 Kawakami 01 Recompleoon Weld 17,140 15.581 16 351 7.8139% 1.278 Kennedy Gas Unit Weld 8174 7314 7,744 7.813% 605 Kiyota John 03-35 Weld 27,340 24713 26,026 7813% 2,033 Kugel01-18 _ Weld 24.197 21566 22.881 7.813°/ 1,788 Kugel ao-l8 Weld 19633 17 763 19695 7813% 1 461 Leo,a1.._, 17 11344 10'50 10747 7813% 840 Leonard 03-212 We'd 4 e45 5 139 6.492 7.813% 507 Leonard 04-212 Weld 14746 13357 0.61 7813% 1098 Page 4 of 6 NORTH AMERICAN RESOURCES COMPANY RETURN ON INVESTMENT RETURN ON INVESTMENT(ROI( 1996 AVERAGE 12/31/1995 NET 12/31/1996 NET NET BOOK ACTUAL ROI TOTAL ROI Well Name County BOOK VALUE BOOK VALUE VALUE RATE DEDUCTION Luhman 01 Weld 10,146 9.180 9.663 7.813% 755 Luhman 33-4 Weld 20018 24.399 22.209 7.813% 1.735 Maier Weld 6,050 4,083 5,066 7 813% 396 - Mantle 01 Weld 8.034 7,272 7,653 7813% 598 McClintock 01 Weld 190 170 180 7.813% 14 McClintock 02 Weld 200 179 189 7.813% 15 MCCiintock03 Weld 198 177 188 7.813% 15 McClintock 04 Weld 167 149 158 7.813% 12 McClintock 05 Wela 202 180 191 7.813% 15 McClintock 06 Weld 282 252 267 7.813% 21 McClintock 07 Weld 1.900 1 700 1.800 7.813% 141 — McClintockTank Battery(1 Ihru 7) Weld 0 0 0 7.813% 0 McConahay 33-34 Weld 2.648 2,369 2,508 7.813% 196 — McCoy Lease Weld 9,297 8.318 8,808 7.813% 688 Miller 01 Weld 9.005 10709 9,857 7.813% 770 Miller 01-17 Weld - 20.297 18,532 19414 7.813% 1.517 Milter0l-27 Weld 11.475 10.953 11,219 7 813% 877 Miller 02-17 Weld 8/70 8.007 8.388 7.813% 655 Miller 03-17J Weld 15.603 17 344 16473 7 813% 1,287 Miller 04-17J Weld 12,570 11 461 12,015 7.813% 939 Miller 04-20J Weld 17,421 15704 16.563 7.813% 1,294 Mumby Slate Weld 7.945 7,188 7,566 7.813% 591 Murata 01-193 Weld 4.571 4090 4330 7.813%, 338 Murata 04-193 Weld 6.739 6051 6,395 7.813% 500 Musick 01-32 Weld 3r' 2,823 2,957 7.813°/ 231 Musick GU 01 Weld 9073 8.118 8,595 7.813% 672 Nelson 01 Weld 11,228 11.298 11,263 7.813% 880 Nelson 04-32 Weld 29.648 26,975 28,311 7.813% 2,212 Olin 01-04 Weld 33334 27,531 30,432 7.813% 2,378 Olive Weld 1,128 1.009 1,068 7813% 83 Oster 01 Weld 7.729 5,915 7,322 7.013% 572 Oster 13-27 Weld 25.871 23.823 24.847 7.813% 1.941 Oster 31-28 Weld 10751 9,816 10.283 7 813% 803 Cu'Diana Pool 31-27 Weld 4.841 4.380 4610 7.813% 360 Our Diana Pool 32-27 Weld 0 0 0 7.813% 0 Our Dena Pool 41-27 Weld 3 3 3 7.813% 0 Our Diana Pool 42-27 Weld 6.508 5.886 6.198 7.813% 484 Parker 01 Weid 13.174 19 950 15,552 7.813% 1,294 Ott-zak 01 Wesc 4.046 3660 3853 7653% 301 Page 5 of 6 NORTH AMERICAN RESOURCES COMPANY RETURN ON INVESTMENT RETURN ON INVESTMENT(Roll 1996 AVERAGE 12/31/1995 NET 12/31/1996 NET NET BOOK ACTUAL ROI TOTAL ROI Well Name County BOOK VALUE BOOK VALUE VALUE RATE DEDUCTION Powers 01-24 Weld 5,893 5.272 5,583 7.813% 436 Puritan 01 Weld 403 361 382 7.813% 30 Puritan 02 Weld 387 346 366 7 813% 29 Puritan 03 Weld 4.459 3,990 4,224 7813% 330 Puritan 04 Weld 394 352 373 7 813% 29 Puritan Tank Battery(1.23.4) Weld 0 0 0 7 813% 0 Qualls 01 Weld 3563 3.188 3.375 7.813% 264 Ranchero 32.34 Weld 14.577 13.279 13.978 7.813% 1,092 Rocky Mountn Fuel 01-32J Weld 5,846 7718 6.782 7 813% 530 Rocky Mountn Fuel 04-32J Weld 10,054 11.493 10.773 7.813% 842 Salisbury Lease Weld 14,993 15.472 15,232 7 813% 1,190 Sam 01 Weld 6.229 5,574 5.901 7.813% 461 Scheid)State 01 Weld 8.339 7.487 7,913 7.813% 618 Scheidt State 01-16 Weld 18.611 16.422 17,517 7.813% 1,369 Scheidt State 03-15J Weld 6210 10,733 8,471 7.813% 662 Scheid)State 04-16J Weld 6.210 5,557 5.883 7.813% 460 Sheley Lease Weld 10.997 9.971 10,484 7.813% 819 Sprague01-09 Weld 8.935 11,210 10,073 7 813% 787 Sprague 03-09 Weld 18,764 16,977 17.870 7813% 1,396 Starks Cl Weld 8.096 7244 7,670 7813% 599 Stelling 01 Weld 6.430 5,753 6,092 7813% 476 Sullivan 01 Weld 8.230 7,353 7,792 7 813% 609 Twombly 01 Weld 5355 8371 8 863 7.813% 692 Ursula 01 Weld 1.313 1.174 1,243 7813% 97 Ursula 02 Weld 1.339 1,198 1.269 7813% 99 Wenzel Weld 5.492 5.809 6.150 7.813% 481 Woolley 01 Weld 220 197 208 7813% 16 Woolley 02 We'd 220 197 208 7 813% 16 Woolley Tank Battery 1 and 2 Weld 0 0 0 7.813% 0 TOTAL WELD COUNTY 1.735.885 1 630,040 1.682 962 131,490 Page 6 of 6 Hello