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Home My WebLink About20180113.tiffNADOA Model Form Division Order (Adopted 9/95) WELD COUNTY COLORADO Date: 11/16/2017 Effective Date: 09/01/2014 Owner Name and Address WELD COUNTY COLORADO ATTN: CLERK TO THE BOARD PO BOX 758 GREELEY,CO 80632 Phone Number: 970-336-7204 Owner Number: 047962 Type Interest: Non Carrizo RI Decimal Interest: 0.02500000 FAX Number: 970-336-7233 /� API4 Ob - 123-39 '1L IL{ Property Description Property: 3300.01 Operator: CARRIZO OIL & GAS, INC. Hemberger 1-25-8-60 Location: Weld,CO Map Reference Information Weld, CO US Township: 008-N Range: 060-W Section: 25 Lot: Qtr/Qtr: The undersigned certifies the ownership of the decimal interest in production proceeds as described payable by (Payor): Carrizo (Niobrara) LLC Payor shall be notified, in writing, of any change in ownership, decimal interest, or payment address. All such changes shall be effective the frst day of the month following receipt of such notice. Payor is authorized to withhold payment pending resolution of a title dispute or adverse claim asserted regarding the interest in production claimed herein by the undersigned. The undersigned agrees to indemnify and reimburse Payor any amount attributable to an interest to which the undersigned is not entitled. Payor may accrue proceeds until the total amount equals $100.00, or as required by applicable state statute. This Division Order does not amend any lease or operating agreement between the undersigned and the lessee or operator or any other contracts for the purchase of oil or gas. In addition to the terms and conditions of this Division Order, the undersigned and Payor may have certain statutory rights under the laws of the state in which the property is located. Owner(s) Signature(s): Owner(s) Printed Name: Title: Owner(s) Tax I.D. Number(s): Owner(s) Daytime Phone #: Owner(s) E-mail Address(es): SIGNATURE: BOARD OF LD COUNTY OMM SSIONERS, CHAIR ATTES W :� JAN 0 CLE TI, HE B• " ► BY: DEPUTY CLETO HE BO Weld County Government 1150 "O" Street Greeley, CO 80634 Phone: 970-336-7204 Fax: 970-336-7233 Tax ID: 84-6000-813 afy\sevitAjendalk7 Federal Law requires you to furnish your Social Security or Taxpayer Identification Number. Failure to comply will result in 28% tax withholding and will not be refundable by Payor. 2018-0113 (f) LEcyl D LEASE UNIT TRACTS LSE NUMBER ROYALTY 4. L32" 6- UNLEASED (4024465) NON-CRZO LEASE 2 LEG2q D (DOTO 3833589) 0.185 LEASE MINERAL INTERSEST 100.000000% 0.2 50.00% OWNER NET ROYALTY TRACT UNIT ACRES TOTAL UNIT ACRES TRACT PARTICIPATION FACTOR 0.185 1.21 ' 640 0.00189063 0.1 160 640 0.25000000 UNIT NRI 0.00034977 0.02500000 0.02534977 BEATTY & WOZNIAK, P.C. ATTORNEYS AT LAW 216 SIXTEENTH STREET, SUITE 1100 DENVER, COLORADO 80202-5115 TELEPHONE (303) 407-4499 FACSIMILE (303) 407-4494 www.bwenergylaw.com KYLE ALLEN* DIRECT: (303) 407-4457 E-MAIL: KALLEN@BWENERGYLAW.COM June 11, 2013 Carrizo Oil and Gas, Inc. 500 Dallas Street, Suite 2300 Dallas, TX 77002 Attn: Mr. Craig E. Wiest, CPL Re: Supplemental Drilling and Division Order Title Opinion Hemberger 25-44-8-60 Weld County, Colorado Our File No. 7520-0035 Dear Mr. Wiest: CASPER CHEYENNE DENVER SALT LAKE CITY SANTA FE Pursuant to your request, we have examined the materials listed below and based upon that information we submit this Supplemental Drilling and Division Order Title Opinion covering the following described lands: LANDS COVERED BY OPINION Township 8 North, Range 60 West, 6th P.M. Section 25: All Weld County, Colorado Containing 640 acres, more or less MATERIALS EXAMINED 1. Drilling and Division Order Title Opinion dated August 14, 2012 (the "Prior Opinion"), covering all of Section 25, Township 8 North, Range 60 West, 6th P.M., Weld County, Colorado, prepared by Kyle Allen of Beatty & Wozniak, P.C. through its certification date of April 17, 2012. 2. Transcript of Title prepared by Ironhorse Resources, LLC covering the Subject Lands current to March 21, 2013, at 8:00 A.M. * Also licensed in Texas, Wyoming, and Montana. BEATTY & WOZNIAK, P.C. Carrizo Oil & Gas, Inc. Hemberger 25-44-8-60, 7520-0035 June 11, 2013 Page 2 3. Online records of the Colorado Oil and Gas Conservation Commission ("COGCC") at its website available at http://cogcc.state.co.us/, last accessed on May 23, 2013. 4. Weld County Large -Tract Oil and Gas Lease dated March 14, 2012, recorded March 22, 2012, at Reception No. 3833589, from Weld County, Colorado, to Baseline Minerals, Inc., covering the Northwest Quarter of Section 25, Township 8 North, Range 60 West, for a primary term of three (3) years. 5. Assignment, Bill of Sale and Conveyance dated March 19, 2012, recorded April 2, 2012, at Reception No. 3835855, from EOG Resources, Inc. to Noble Energy WYCO, LLC. 6. Affidavit for Property Held in Trust or Joint Venture for the Herbert Austin Living Trust dated May 15, 1998, recorded May 19, 1998, at Reception No. 2613651. 7. Affidavit for Property Held in Trust for the John R. and Lucille C. Duell Living Trust dated April 10, 2000, recorded April 17, 2000, at Reception No. 2762109. 8. Affidavit by Venture Charters Association, Inc. as the Trustee of Tiffany Company (Trust) dated November 5, 2010, recorded November 22, 2010, at Reception No. 3734030. 9. Letters Testamentary for the Estate of Ruth Pauline Duell, deceased, dated August 31, 2005, recorded October 26, 2010, at Reception No. 3727969. 10. Letters Testamentary for the Estate of Winefred H. Jacobs, deceased, dated September 12, 2011, recorded October 3, 2011, at Reception No. 3796379. 11. Last Will and Testament of Walter E. Houston dated June 22, 1956, recorded June 27, 1968, at Reception No. 1518044, Logan County, Colorado. 12. Probate file for the Estate of Leon H. Snyder, deceased, filed in the District Court, El Paso County, Colorado, October 12, 1973, recorded July 28, 1982, at Reception No. 1898881. 13. Last Will and Testament of Frances H. Miller dated October 9, 1990, recorded October 4, 1991, at Reception No. 2265250. 14. Certificate of Death for Frances Hanna Miller dated April 15, 1991, recorded October 4, 1991, at Reception No. 2265251. 15. Affidavit of Heirship of Frances H. Miller dated September 20, 1991, recorded November 4, 1991, at Reception No. 2268217. BEATTY & WOZNIAK, P.C. Carrizo Oil & Gas, Inc. Hemberger 25-44-8-60, 7520-0035 June 11, 2013 Page 7 LESS, TO THE POINT OF BEGINNING, CONTAINING 4.684 ACRES, MORE OR LESS.5 Tract 3B Owner Interest State Department of Highways, Division of Highways, State 100.000000% of Colorado Total 100.000000% Tract 4 Owner Weld County, Colorado Total OIL, GAS AND OTHER MINERALS Tract 1 Owner Centennial Mineral Holdings, LLC6 Herbert H. Duell Interest 100.000000% 100.000000% Interest Lease No. 27.462121% 1,2,5,7,8, 10 8.238636% 4 John R. Duell and Lucille C. Duell, Trustees, or their 8.238636% 6 successors in trust, under the John R. and Lucille C. Duell Living Trust dated April 10, 2000 Cozzens Living Trust dated August 25, 2011 LHB Ventures, LLC7 Cynthia Marie Spurlock8 8.238636% 3 8.238636% 21 4.119318% 3 5 More particularly described in that certain Warranty Deed dated September 4, 1980, recorded October 24, 1990, at Reception No. 1839730, from the George A. Doll Trust, Paul F. Hnizdil and Shirley A. Hnizdil, to the State Department of Highways, Division of Highways, State of Colorado. 6 See Comment and Requirement No. 12. See Comment and Requirement No. 3. 8 See Comment and Requirement Nos. 8 and 38. BEATTY & WOZNIAK, P.C. Carrizo Oil & Gas, Inc. Hemberger 25-44-8-60, 7520-0035 June 11, 2013 Page 9 Tract 1 Owner Rodella Minerals, LLC 19 STA, LLC2° The Scottish Rite Foundation21 TOTAL: Owner Weld County, Colorado Darya D. Fuqua22 Carol A. Snell23 Mary A. Chrismer24 Sally K. Bockius25 TOTAL: Tract 2 Tract 3 Owner Estate of Minnie A. Houston, deceased26 TOTAL: 19 See Comment and Requirement No. 37. 20 See Comment and Requirement No. 37. 21 Being the E/2SE4 of the Subject Lands. 22 See Comment and Requirement No. 7. 23 See Comment and Requirement No. 7. 24 See Comment and Requirement No. 7. 25 See Comment and Requirement No. 7. 26 See Comment and Requirement No. 4. Interest Lease No. 1.235795% 20 1.235795% 20 0.976563% 22 100.000000% Interest Lease No. 50.000000% 19 12.500000% 15 12.500000% 16 12.500000% 17 12.500000% 18 100.000000% Interest Lease No. 100.000000% Unleased 100.000000% BEATTY & WOZNIAK, P.C. Carrizo Oil & Gas, Inc. Hemberger 25-44-8-60, 7520-0035 June 11, 2013 Page 10 Tract 4 Owner Weld County, Colorado27 TOTAL: OIL AND GAS LEASEHOLD Tract 1 Owner Carrizo (Niobrara) LLC28 (100% WI x 34.602278% MI x 85% NRI OGL 1-2, 4-12, 20)+ (100% WI x 14.829548% MI x 87.5% NRI OGL 3)+ (100% WI x 4.943183% MI x 80% NRI OGL 21)+ (100% WI x 2.929688% MI x 82.5% NRI OGL 13, 14, 22)- (100% WI x 34.602278% MI x 5% ORRI OGL 1- 2, 4-12, 20)- (100% WI x 14.829548% MI x 7.5% ORRI OGL 3)- (100% WI x 7.872871% MI x 4% ORRI OGL 13, 14, 21, 22) Oil India (USA) Inc.29 (100% WI x 11.534091% MI x 85% NRI OGL 1-2, 4-12, 20)+ (100% WI x 4.943182% MI x 87.5% NRI OGL 3) (100% WI x 1.647727% MI x 80% NRI OGL 21)+ (100% WI x 0.976563% MI x 82.5% NRI OGL 13, 14, 22)- (100% WI x 11.534091% MI x 5% ORRI OGL 1- 2, 4-12, 20)- (100% WI x 4.943182% MI x 7.5% ORRI OGL 3)- (100% WI x 2.624290% MI x 4% ORRI OGL 13, 14, 21, 22) 27 See Comment and Requirement No. 3. 28 See Comment and Requirement Nos. 37 and 38. 29 See Comment and Requirement Nos. 37 and 38. Interest Lease No. 100.000000% Unleased 100.000000% Working Net Revenue Lease Interest Interest Type No. 57.304697% 45.602085% WI 1 - 14, 20- 22 19.101563% 15.200693% WI 1 - 14, 20- 22 BEATTY & WOZNIAK, P.C. Carrizo Oil & Gas, Inc. Hemberger 25-44-8-60, 7520-0035 June 11, 2013 Page 15 Tract 2 Owner Ward Energy, L.L.C. (80% WI x 50% MI x 2.60% ORRI) Weld County, Colorado (50% MI x 20% LOR) Dara D. Fuqua (12.5% MI x 16.666667% LOR) Carol A. Snell (12.5% MI x 16.666667% LOR) Mary A. Chrismer (12.5% MI x 16.666667% LOR) Sally K. Bockius (12.5% MI x 16.666667% LOR) TOTAL: Owner Estate of Minnie A. Houston, deceased45 (100% Unleased MI) TOTAL: Owner Weld County, Colorado46 45 See Comment and Requirement No. 4. 46 See Comment and Requirement No. 3. Working Net Revenue Lease Interest Interest Type No. 1.040000% ORRI 15 - 18 10.000000% LOR 19 2.083333% LOR 15 2.083333% LOR 16 2.083333% LOR 17 2.083333% LOR 18 100.000000% 100.000000% Tract 3 Working Interest Net Revenue Interest Lease Type No. 100.000000% 100.000000% UMI Unleased 100.000000% 100.000000% Tract 4 Working Net Revenue Lease Interest Interest Type No. 100.000000% 100,000000% UMI Unleased BEATTY & WOZNIAK, P.C. Carrizo Oil & Gas, Inc. Hemberger 25-44-8-60, 7520-0035 June 11, 2013 Page 16 Tract 4 Owner (100% Unleased MI) TOTAL: Working Net Revenue Lease Interest Interest Type No. 100.000000% 100.000000% DIVISION OF INTEREST AND DISTRIBUTION OF THE PROCEEDS OF PRODUCTION FROM THE WELL(S) LOCATED IN THE SPACING UNIT COMPRISED OF ALL OF SECTION 25, TOWNSHIP 8 NORTH, RANGE 60 WEST, 6TH P.M. The total proceeds of production from the subject spacing unit has been apportioned in our Division of Interest according to each tract participation factor ("PF"), as follows: Tract No. Participation Factor Calculation Tract 1: 0.50000000 320.00 Acres / 640.00 Acres Tract 2: 0.25000000 160.00 Acres / 640.00 Acres Tract 3: 0.24810938 158.79 Acres / 640.00 Acres Tract 4: 0.00189062 1.21 Acres / 640.00 Acres DIVISION OF INTEREST Interest Owner Working Net Revenue Interest Interest Type Carrizo (Niobrara) LLC 0.28652348 0.22801042 WI Tract 1 (0.57304697 WI x 0.50000000 PF) [OGL 1-14, 20-22] Tract 1 (0.45602085 NRI x 0.50000000 PF) Nobel Energy, Inc. 0.12500000 0.10000000 WI Tract 2 (0.50000000 WI x 0.25000000 PF) [OGL 19] Tract 2 (0.40000000 NRI x 0.25000000 PF) BEATTY & WOZNIAK, P.C. Carrizo Oil & Gas, Inc. Hemberger 25-44-8-60, 7520-0035 June 11, 2013 Page 17 Interest Owner Ward Petroleum Corporation Tract 2 (0.40000000 WI x 0.25000000 PF) [OGL 15-18] Tract 2 (0.32293334 NRI x 0.25000000 PF) Oil India (USA) Inc. Tract 1 (0.19101563 WI x 0.50000000 PF) [OGL 1-14, 20-22] Tract 1 (0.15200693NRI x 0.50000000 PF) IOCL (USA) Inc. Tract 1 (0.09550781 WI x 0.50000000 PF) [OGL 1-14, 20-22] Tract 1 (0.07600346 NRI x 0.50000000 PF) Haimo Oil & Gas LLC Tract 1 (0.09550771 WI x 0.50000000 PF) [OGL 1-14, 20-22] Tract 1 (0.07600339 NRI x 0.50000000 PF) SKV, LLC Tract 2 (0.10000000 WI x 0.25000000 PF) [OGL 15-18] Tract 2 (0.08333334 NRI x 0.25000000 PF) Estate of Minnie A. Houston, deceased Tract 3 (1.0000000 WI/NRI x 0.24810938 PF) [UMI] The Scottish Rite Foundation47 Tract 1 (0.02929688 WI/NRI x 0.50000000 PF) [UMI] The Betty B. Ladmer Trust Dated November 4, 199748 Tract 1 (0.01562500 WI/NRI x 0.50000000 PF) [UMI] Weld County, Colorado49 Tract 4 (1.00000000 WI/NRI x 0.00189062 PF) [UMI] 47 Being the SW/4 and the W/2SE/4 of the Subject Lands. 48 See Comment and Requirement No. 35. 49 See Comment and Requirement No. 3 regarding Tract 4. Working Interest 0.10000000 0.09550781 0.04775391 0.04775386 0.02500000 0.24810938 0.01464844 0.00781250 0.00189062 Net Revenue Interest Type 0.08073334 WI 0.07600347 WI 0.03800173 WI 0.03800169 WI 0.02083334 WI 0.24810938 0.01464844 0.00781250 0.00189062 UMI UMI UMI UMI I P �' A n rv . n P ' e/J // j' .. . / g� � f/f '�P ,! //f�f'�r /`lj� ^� p%�/ 'j'��`j/�' � �rr.'/fjmf / Il f � J�. ��,-�m , f �✓X f /�'f f��f��/'��./ ,/r/ j ��'f ^ P ._..r �re g± ! p F 'ff,,,� f � v',/�� J /`i �� Er e4 !7' �' d ,� 9m� ,'"��r =��,�''�,r"'�,��,r,f�,.�`�f`-',P�� „₹ , �j/ ,, r �' �,'/, �',P/ .�''r`dr�j ,/j'��,�� _ p r , ' ��;� ��/`, %� � "�s"� '�%� ��f f ,��a '*� �' �.�,'s <� -"`/^'J`s-,� 1 j��J`�'�� f / rl '' _ � �/ f✓f '�� Jf , � 1`f,�/ �a � � ��'. 3 1 3 ��'. 1 L�L� 4_��.�', , � ti' . . �r``rf' :'��':%{_'�j;.^�'"N✓ � �/'� '`�J'/"�fi/,�,`/�f'�'�• � � �� } ! �: "' jx' /r +'� }� � � !�` �f ° e^� / . �� '�➢ �Si� � � �. . ,%� �'�� , � � � J}f ff /'}� � . ,«� � � l' . f F' J .Y x' / Y �/- 1 .> / .-' /� / l ! 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' �° � rd•y.f" ��,r ye'� Y '�� `' �,�'��,/�`�A•,,,��p�r�" �"�,r*`f'�r �arriza_�io�ra�a 1PUells �'�/r,/ /' ,�r" ±��,��'f,.- SfaiU^a .�� ''�{'y d' �'� � s � y' ' �.'" a� � "'t 1'�,p r � � SURFACELOCAT10Pi r�,./ '` � r' ,d' ±`� r', 1 C� �,� ,✓' ✓` %l,t''f�`.�'� r r`�.s"� t� ,r� f� ,4BAND. LQC. r! �,.,� / r { /> ' ,,+ r .* �'` x �,,°' ,r'"�'� ' ��`,��f: Q PROPC�SF_D ,-'`�,�'",�'` r � ,� ,�"" �'� / ; �� s'� t` ✓� r�� /`�F s��e , ,.�i_ PRO�UCING ,^ / ,r i�,�/,,,.+` ✓f_`��.�°��,l',�y✓`�✓'�O` .r�'J''; � PEftP�tI7ED +"��'' /'',/ sr^' J�+ +"'`�j.^/?',y`f .f c' ✓'�A�"�"d'J� /' r'',,� � s �/ �.�jY' � ' WkI7iNG ON C�JMPL /f/��+' .Y p'�er�' f'r r�/fr�'°R`Fr,r'�i � � � P . '�, '� �f��,r``d'`" �` r'� a✓ w /� '�f —lji-- PEMDINCi PFRMIT � p �. r � � r �ry '�d "�1� r' �+' `" ,�.%� F � �^ / ,�.�/1. ',,��d�.°�`r` r`:�,!`,�,,'�x�,,,+ '� In₹_Text �I �✓'� i / s '� , 'ry�''�far�'� �"'�''�,x"� , _ FULL �` r r d' ,f� 1' . -.' ,f s�' .r� ..'' :� r''�� PAR�i If1L l COGIS - WELL Information Page 1 of 2 Surface Location Data for API # 05-123-39444 Well Name/No: Operator: Status Date: FacilitylD: County: Field: Planned Location As Drilled Location Frac': Focus Chemical Disclosure Registry Wellbore Data for Sidetrack #00 6/7/2014 Hemberger #1-25-8-60 CARRIZO NIOBRARA LLC - 10439 9/12/2014 437195 WELD #123 DJ HORIZONTAL NIOBRARA 342 FSL 852 FWL Footages Not Available Job Date: Job End Date: Spud Date: Wellbre Permit Permit #: Prop Depth/Form: Mineral Owner: Unit: Formation and Spacing: Casing: Cement: Casing: Cement: Casing: Cement: Casing: Cement: Wellbore Completed Completion Date: Measured TD: True Vertical TD: Top PZ Location: Bottom Hole Location: Log Types: Casing: Cement: Casing: Cement: Casing: Cement: Casing: Cement: Formation SHARON SPRINGS NIOBRARA 8/29/2014 8/30/2014 COGIS ® WELL Information Scout Card ° ` Related C9.Insp. Ck MIT is GIS a Doc is, COA it Wellbore ,�"',. Orders Status: PR 9/12/2014 (click well name for production) Federal or State Lease #: LocationID: Location: #16950 Elevation: Lat/Long: 40.62711/-104.04636 Lat/Long: 40.62711/-104.04636 437190 SWSW 25 8N60W 6 PM 4,909 ft. Lat/Long Source: Field Measured Lat/Long Source: Field Measured Reported: 9/15/2014 Days to report: 16 Status: PR 9/12/2014 Spud Date is: HORIZONTAL Expiration Date: 10718 Surface Mineral Owner Same: FEE Surface Owner: FEE Unit Number: Code: NBRR , Formation: NIOBRARA , Order: 535-458 , Unit Acreage: 640, Drill Unit: S. 25: ALL String Type: CONDUCTOR , Hole Size: 18, Size: 16, Top: 0, Depth: 77, Weight: 65 Sacks: 8, Top: 0, Bottom: 77, Method Grade: String Type: SURF , Hole Size: 12.25, Size: 9.625, Top: 0, Depth: 1400, Weight: 36 Sacks: 534, Top: 0, Bottom: 1400, Method Grade: String Type: 1ST , Hole Size: 8.75, Size: 7, Top: 0, Depth: 6458, Weight: 23 Sacks: 582, Top: , Bottom: 6458, Method Grade: String Type: 1ST LINER , Hole Size: 6.125, Size: 4.5, Top: 5729, Depth: 10718, Weight: 11.6 Sacks: , Top: , Bottom: , Method Grade: 6/17/2014 10591 6269 Sec: 25 Twp: 8N 60W Sec: 25 Twp: 8N 60W MWD with Gamma Ray, CBL String Type: CONDUCTOR , Hole Size: 18, Size: 16, Top: 0, Depth: 60, Weight: 36.9 Sacks: 8, Top: 0, Bottom: 60, Method Grade: VISU String Type: SURF , Hole Size: 12.25, Size: 9.625, Top: 0, Depth: 1448, Weight: 36 Sacks: 546, Top: 0, Bottom: 1448, Method Grade: VISU String Type: 1ST , Hole Size: 8.75, Size: 7, Top: 0, Depth: 6421, Weight: 23 Sacks: 579, Top: 2094, Bottom: 6421, Method Grade: CBL String Type: 1ST LINER , Hole Size: 6.125, Size: 4.5, Top: 5593, Depth: 10578, Weight: 11.6 Sacks: , Top: , Bottom: , Method Grade: Log Top 6070 6187 ACTUAL 5/14/2016 8:58:19 PM Completed information for formation NBRR 1st Production Date: Status Date: Commingled: Formation Name: Formation Treatment Treatment Date: 9/12/2014 9/12/2014 N NIOBRARA 8/29/2014 Treatment summary: Fracture stimulated through a 15 stage Total fluid used in treatment (bbls): 50156 Total gas used in treatment (mcf): Type of gas: Total acid used in treatment (bbls): Recycled water used in treatment (bbls): Produced water used in treatment (bbls): 50156 Total proppant used (Ibs): 3247150 Reason green techniques not utilized: PIPELINE Tubing Size: 2.375 Tubing Packer Depth: Open Hole Top: Initial Test Data: Test Date: 9/12/2014 Measured PB depth: True Vertical PB depth: Footage: 488 FSL 348 FWL Footages: 650 FNL 316 FWL Log Bottom 6187 10591 10528 6268 Depth Depth Status: PR 9/12/2014 Choke Size: Open Hole Completion: Y Production Method: Status: Treatment Type: Treatment End Date: Cored N N PR FRACTURE STIMULATION 8/30/2014 port and packer system with 3,247,150 lbs of sand and 50,156 bbls of fresh water. Max pressure during treatment (psi): Fluid density (lbs/gal): Number of staged intervals: 5221 8.9 15 Min frac gradient (psi/ft): 0.75 Total flowback volume recovered (bbls): 16050 Disposition method for flowback: DISPOSAL Green completions techniques utilized: False Tubing Setting Depth: Tubing Multiple Packer: Open Hole Bottom: Test Method: 5969 DSTs N N http://cogcc.state.co.us/cogis/FacilityDetail.asp?facid=12339444&type=WELL 12/15/2017 COGIS - WELL Information Page 2 of 2 Hours Tested: Gas Disposal: Test Type BBLS_H2O BBLS_OIL CALC_BBLS_H2O CALC_BBLS_OIL CASING_PRESS GRAVITY_OIL Perforation Data: Interval Bottom: # of Holes: 24 Gas Type: 10591 Measure 849 145 849 145 119 36 Interval Top: Hole Size: 6422 http://cogcc.state.co.us/cogis/FacilityDetail.asp?facid=12339444&type=WELL 12/15/2017 COUNTY ATTORNEY STAFF APPROVAL This is to affirm the attached Division Order and authorization to receive payment for an oil and gas well has been reviewed by the County Attorney's staff as to form and legal description. Well Name(s): Hemberger #1-25-8-60, Hemberger #3-25-8-60, Hemberger #4-25-8- 60, Hemberger #5-25-8-60 Hemberger #6-25-8-60 File Location(s): LE0290 BY - "2 i Bru Barker - County Attorney DATE: O7,7/// -( NOTES: [160 mineral acres/ 640 acres spacing unit * 20% royalty interest] * 50% Lease mineral interest = 0.02500000 MATCH C A R R f 2 O NADOA Model Form Division Order (Adopted 9/95) WELD COUNTY COLORADO Date: 11/16/2017 iv e Date: 10/01/2012 Owner Name and Address WELD COUNTY COLORADO ATTN: CLERK TO THE BOARD PO BOX 758 GREELEY,CO 80632 Phone Number: 970-336-7204 Owner Number: 047962 Type Interest: Non Carrizo RI Decimal Interest: 0.02500000 FAX Number: 970-336-7233 ` ART -405- Z 3- -`u--1 Property Description Property: 2488.01 Operator: CARRIZO OIL & GAS, INC. Hemberger 2-25-34-8-60 Location: Weld,CO Map Reference Information Weld, CO US Township: 008-N Range: 060-W Section: 25 Lot: Qtr/Qtr: The undersigned certifies the ownership of the decimal interest in production proceeds as described payable by (Payor): Carrizo (Niobrara) LLC Payor shall be notified, in writing, of any change in ownership, decimal interest, or payment address. All such changes shall be effective the first day of the month following receipt of such notice. Payor is authorized to withhold payment pending resolution of a title dispute or adverse claim asserted regarding the interest in production claimed herein by the undersigned. The undersigned agrees to indemnify and reimburse Payor any amount attributable to an interest to which the undersigned is not entitled. Payor may accrue proceeds until the total amount equals $100.00, or as required by applicable state statute. This Division Order does not amend any lease or operating agreement between the undersigned and the lessee or operator or any other contracts for the purchase of oil or gas. In addition to the terms and conditions of this Division Order, the undersigned and Payor may have certain statutory rights under the laws of the state in which the property is located. Owner(s) Signature(s): Owner(s) Printed Name: Title: Owner(s) Tax I.D. Number(s): Owner(s) Daytime Phone #: Owner(s) E-mail Address(es): SIGNATURE: BOARD OF D C ATTESJ. Ci CLERIC TGAI� E BY: DEPUTY CLER'/TO T E BOAR Weld County Government 1150 "O" Street Greeley, CO 80634 Phone: 970-336-7204 Fax: 970-336-7233 Tax ID: 84-6000-813 C.OhSe- Ar6iCk ' 13 UNTUOMM S/O ERS,, CHAIR JAN 0820 Federal Law requires you to furnish your Social Security or Taxpayer Identification Number. Failure to comply will result in 28% tax withholding and will not be refundable by Payor. 2o/1- 0/13(3) Li_o2g0 LEASE UNIT TRACTS LSE NUMBER ROYALTY 4. LE6323- 6- 2 LE021 D UN LEASED (4024465) NON-CRZO LEASE (DOTO 3833589) LEASE MINERAL INTERSEST OWNER NET ROYALTY TRACT UNIT ACRES TOTAL UNIT ACRES TRACT PARTICIPATION FACTOR UNIT NRI 0.185 100.000000% 0.185 1.21 640 0.00189063 0.00034977 0.2 50.00% 0.1 160 640 0.25000000 0.02500000 0.02534977 BEATTY & WOZNIAK, P.C. ATTORNEYS AT LAW 216 SIXTEENTH STREET, SUITE 1100 DENVER, COLORADO 80202-5115 TELEPHONE (303) 407-4499 FACSIMILE (303) 407-4494 www.bwenergylaw.com KYLE ALLEN* DIRECT: (303) 407-4457 E-MAIL: KALLEN@BWENERGYLAW.COM June 11, 2013 Carrizo Oil and Gas, Inc. 500 Dallas Street, Suite 2300 Dallas, TX 77002 Attn: Mr. Craig E. Wiest, CPL Re: Supplemental Drilling and Division Order Title Opinion Hemberger 25-44-8-60 Weld County, Colorado Our File No. 7520-0035 Dear Mr. Wiest: CASPER CHEYENNE DENVER SALT LAKE CITY SANTA FE Pursuant to your request, we have examined the materials listed below and based upon that information we submit this Supplemental Drilling and Division Order Title Opinion covering the following described lands: LANDS COVERED BY OPINION Township 8 North, Range 60 West, 6th P.M. Section 25: All Weld County, Colorado Containing 640 acres, more or less MATERIALS EXAMINED 1. Drilling and Division Order Title Opinion dated August 14, 2012 (the "Prior Opinion"), covering all of Section 25, Township 8 North, Range 60 West, 6th P.M., Weld County, Colorado, prepared by Kyle Allen of Beatty & Wozniak, P.C. through its certification date of April 17, 2012. 2. Transcript of Title prepared by Ironhorse Resources, LLC covering the Subject Lands current to March 21, 2013, at 8:00 A.M. * Also licensed in Texas, Wyoming, and Montana. BEATTY & WOZNIAK, P.C. Carrizo Oil & Gas, Inc. Hemberger 25-44-8-60, 7520-0035 June 11, 2013 Page 2 3. Online records of the Colorado Oil and Gas Conservation Commission ("COGCC") at its website available at http://cogcc.state.co.us/, last accessed on May 23, 2013. 4. Weld County Large -Tract Oil and Gas Lease dated March 14, 2012, recorded March 22, 2012, at Reception No. 3833589, from Weld County, Colorado, to Baseline Minerals, Inc., covering the Northwest Quarter of Section 25, Township 8 North, Range 60 West, for a primary term of three (3) years. 5. Assignment, Bill of Sale and Conveyance dated March 19, 2012, recorded April 2, 2012, at Reception No. 3835855, from EOG Resources, Inc. to Noble Energy WYCO, LLC. 6. Affidavit for Property Held in Trust or Joint Venture for the Herbert Austin Living Trust dated May 15, 1998, recorded May 19, 1998, at Reception No. 2613651. 7. Affidavit for Property Held in Trust for the John R. and Lucille C. Duell Living Trust dated April 10, 2000, recorded April 17, 2000, at Reception No. 2762109. 8. Affidavit by Venture Charters Association, Inc. as the Trustee of Tiffany Company (Trust) dated November 5, 2010, recorded November 22, 2010, at Reception No. 3734030. 9. Letters Testamentary for the Estate of Ruth Pauline Duell, deceased, dated August 31, 2005, recorded October 26, 2010, at Reception No. 3727969. 10. Letters Testamentary for the Estate of Winefred H. Jacobs, deceased, dated September 12, 2011, recorded October 3, 2011, at Reception No. 3796379. 11. Last Will and Testament of Walter E. Houston dated June 22, 1956, recorded June 27, 1968, at Reception No. 1518044, Logan County, Colorado. 12. Probate file for the Estate of Leon H. Snyder, deceased, filed in the District Court, El Paso County, Colorado, October 12, 1973, recorded July 28, 1982, at Reception No. 1898881. 13. Last Will and Testament of Frances H. Miller dated October 9, 1990, recorded October 4, 1991, at Reception No. 2265250. 14. Certificate of Death for Frances Hanna Miller dated April 15, 1991, recorded October 4, 1991, at Reception No. 2265251. 15. Affidavit of Heirship of Frances H. Miller dated September 20, 1991, recorded November 4, 1991, at Reception No. 2268217. BEATTY & WOZNIAK, P.C. Carrizo Oil & Gas, Inc. Hemberger 25-44-8-60, 7520-0035 June 11, 2013 Page 7 LESS, TO THE POINT OF BEGINNING, CONTAINING 4.684 ACRES, MORE OR LESS.5 Tract 3B Owner Interest State Department of Highways, Division of Highways, State 100.000000% of Colorado Total 100.000000% Tract 4 Owner Weld County, Colorado Total OIL, GAS AND OTHER MINERALS Tract 1 Owner Centennial Mineral Holdings, LLC6 Herbert H. Duell Interest 100.000000% 100.000000% Interest Lease No. 27.462121% 1,2,5,7,8, 10 8.238636% 4 John R. Duell and Lucille C. Duell, Trustees, or their 8.238636% 6 successors in trust, under the John R. and Lucille C. Duell Living Trust dated April 10, 2000 Cozzens Living Trust dated August 25, 2011 LHB Ventures, LLC7 Cynthia Marie Spurlocks 8.238636% 3 8.238636% 21 4.119318% 3 5 More particularly described in that certain Warranty Deed dated September 4, 1980, recorded October 24, 1990, at Reception No. 1839730, from the George A. Doll Trust, Paul F. Hnizdil and Shirley A. Hnizdil, to the State Department of Highways, Division of Highways, State of Colorado. 6 See Comment and Requirement No. 12. See Comment and Requirement No. 3. 8 See Comment and Requirement Nos. 8 and 38. BEATTY & WOZNIAK, P.C. Carrizo Oil & Gas, Inc. Hemberger 25-44-8-60, 7520-0035 June 11, 2013 Page 9 Tract 1 Owner Rodella Minerals, LLC19 STA, LLC2° The Scottish Rite Foundation21 TOTAL: Owner Weld County, Colorado Darra D. Fuqua22 Carol A. Sne1123 Mary A. Chrismer24 Sally K. Bockius25 TOTAL: Tract 2 Tract 3 Owner Estate of Minnie A. Houston, deceased26 TOTAL: 19 See Comment and Requirement No. 37. 20 See Comment and Requirement No. 37. 21 Being the E/2SE4 of the Subject Lands. 22 See Comment and Requirement No. 7. 23 See Comment and Requirement No. 7. 24 See Comment and Requirement No. 7. 25 See Comment and Requirement No. 7. 26 See Comment and Requirement No. 4. Interest Lease No. 1.235795% 20 1.235795% 20 0.976563% 22 100.000000% Interest Lease No. 50.000000% 19 12.500000% 15 12.500000% 16 12.500000% 17 12.500000% 18 100.000000% Interest Lease No. 100.000000% Unleased 100.000000% BEATTY & WOZNIAK, P.C. Carrizo Oil & Gas, Inc. Hemberger 25-44-8-60, 7520-0035 June 11, 2013 Page 10 Tract 4 Owner Weld County, Colorado27 TOTAL: OIL AND GAS LEASEHOLD Tract 1 Owner Carrizo (Niobrara) LLC28 (100% WI x 34.602278% MI x 85% NRI OGL 1-2, 4-12, 20)+ (100% WI x 14.829548% MI x 87.5% NRI OGL 3)+ (100% WI x 4.943183% MI x 80% NRI OGL 21)+ (100% WI x 2.929688% MI x 82.5% NRI OGL 13, 14, 22)- (100% WI x 34.602278% MI x 5% ORRI OGL 1- 2, 4-12, 20)- (100% WI x 14.829548% MI x 7.5% ORRI OGL 3)- (100% WI x 7.872871% MI x 4% ORRI OGL 13, 14, 21, 22) Oil India (USA) Inc.29 (100% WI x 11.534091% MI x 85%NRI OGL 1-2, 4-12, 20)+ (100% WI x 4.943182% MI x 87.5%NRI OGL 3) (100% WI x 1.647727% MI x 80% NRI OGL 21)+ (100% WI x 0.976563% MI x 82.5% NRI OGL 13, 14, 22)- (100% WI x 11.534091% MI x 5% ORRI OGL 1- 2, 4-12, 20)- (100% WI x 4.943182% MI x 7.5% ORRI OGL 3)- (100% WI x 2.624290% MI x 4% ORRI OGL 13, 14, 21, 22) 27 See Comment and Requirement No. 3. 28 See Comment and Requirement Nos. 37 and 38. 29 See Comment and Requirement Nos. 37 and 38. Interest Lease No. 100.000000% Unleased. 100.000000% Working Net Revenue Lease Interest Interest Type No. 57.304697% 45.602085% WI 1 - 14, 20- 22 19.101563% 15.200693% WI 1 - 14, 20- 22 BEATTY & WOZNIAK, P.C. Carrizo Oil & Gas, Inc. Hemberger 25-44-8-60, 7520-0035 June 11, 2013 Page 15 Tract 2 Owner Ward Energy, L.L.C. (80% WI x 50% MI x 2.60% ORRI) Weld County, Colorado (50% MI x 20% LOR) Dara D. Fuqua (12.5% MI x 16.666667% LOR) Carol A. Snell (12.5% MI x 16.666667% LOR) Mary A. Chrismer (12.5% MI x 16.666667% LOR) Sally K. Bockius (12.5% MI x 16.666667% LOR) TOTAL: Owner Estate of Minnie A. Houston, deceased45 (100% Unleased MI) TOTAL: Owner Weld County, Colorado46 45 See Comment and Requirement No. 4. 46 See Comment and Requirement No. 3. Working Net Revenue Lease Interest Interest Type No. 1.040000% ORRI 15 — 18 10.000000% LOR 19 2.083333% LOR 15 2.083333% LOR 16 2.083333% LOR 17 2.083333% LOR 18 100.000000% 100.000000% Tract 3 Working Interest Net Revenue Interest Lease Type No. 100.000000% 100.000000% UM1 Unleased 100.000000% 100.000000% Tract 4 Working Net Revenue Lease Interest Interest Type No. 100.000000% 100.000000% UMI Unleased BEATTY & WOZNIAK, P.C. Carrizo Oil & Gas, Inc. Hemberger 25-44-8-60, 7520-0035 June 11, 2013 Page 16 Tract 4 Owner (100% Unleased MI) TOTAL: Working Net Revenue Lease Interest Interest Type No. 100.000000% 100.000000% DIVISION OF INTEREST AND DISTRIBUTION OF THE PROCEEDS OF PRODUCTION FROM THE WELL(S) LOCATED IN THE SPACING UNIT COMPRISED OF ALL OF SECTION 25, TOWNSHIP 8 NORTH, RANGE 60 WEST, 6TH P.M. The total proceeds of production from the subject spacing unit has been apportioned in our Division of Interest according to each tract participation factor ("PF"), as follows: Tract No. Participation Factor Tract 1: Tract 2: Tract 3: Tract 4: 0.00189062 DIVISION OF INTEREST Interest Owner Calculation 0.50000000 320.00 Acres / 640.00 Acres 0.25000000 160.00 Acres / 640.00 Acres 0.24810938 158.79 Acres / 640.00 Acres 1.21 Acres / 640.00 Acres Carrizo (Niobrara) LLC Tract 1 (0.57304697 WI x 0.50000000 PF) [OGL 1-14, 20-22] Tract 1 (0.45602085 NRI x 0.50000000 PF) Nobel Energy, Inc. Tract 2 (0.50000000 WI x 0.25000000 PF) [OGL 19] Tract 2 (0.40000000 NRI x 0.25000000 PF) Working Net Revenue Interest Interest Type 0.28652348 0.22801042 WI 0.12500000 0.10000000 WI BEATTY & WOZNIAK, P.C. Carrizo Oil & Gas, Inc. Hemberger 25-44-8-60, 7520-0035 June 11, 2013 Page 17 Interest Owner Ward Petroleum Corporation Tract 2 (0.40000000 WI x 0.25000000 PF) [OGL 15-18] Tract 2 (0.32293334 NRI x 0.25000000 PF) Oil India (USA) Inc. Tract 1 (0.19101563 WI x 0.50000000 PF) [OGL 1-14, 20-22] Tract 1 (0.15200693NRI x 0.50000000 PF) IOCL (USA) Inc. Tract 1 (0.09550781 WI x 0.50000000 PF) [OGL 1-14, 20-22] Tract 1 (0.07600346 NRI x 0.50000000 PF) Haimo Oil & Gas LLC 0.04775386 Tract 1 (0.09550771 WI x 0.50000000 PF) [OGL 1-14, 20-22] Tract 1 (0.07600339 NRI x 0.50000000 PF) SKV, LLC Tract 2 (0.10000000 WI x 0.25000000 PF) [OGL 15-18] Tract 2 (0.08333334 NRI x 0.25000000 PF) Estate of Minnie A. Houston, deceased Tract 3 (1.0000000 WI/NRI x 0.24810938 PF) [UMI] The Scottish Rite Foundation47 Tract 1 (0.02929688 WI/NRI x 0.50000000 PF) [UMI] The Betty B. Ladmer Trust Dated November 4, 199748 Tract 1 (0.01562500 WI/NRI x 0.50000000 PF) [UMI] Working Interest Weld County, Colorado Tract 4(1.00000000 WI/NRI x 0.00189062 PF) [UMI] 47 Being the SW/4 and the W/2SE/4 of the Subject Lands. 48 See Comment and Requirement No. 35. 49 See Comment and Requirement No. 3 regarding Tract 4. 0.10000000 0.09550781 0.04775391 0.02500000 0.24810938 0.01464844 0.00781250 0.00189062 Net Revenue Interest Type 0.08073334 WI 0.07600347 WI 0.03800173 WI 0.03800169 WI 0.02083334 WI 0.24810938 0.01464844 0.00781250 UMI UMI UMI 0.00189062 ! 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FUt.L I' y+� A` f P'✓' }` .r .I� .- r`� / .�� d ✓'f ' ,-. t f✓ , PAr�T1.4L COGIS - WELL Information Page 1 of2 COGIS -WELL Information SCOut Card �'�Related �Inso•'�MIT •GIS �Doc L�COA �f Wellbore h Orders Surface Location Data for API#05-123-34404 Status: PR 5/1/2017 Well Name/No: HEMBERGER#2-25-34-8-60 (click well name for production) Ooerator: CARRIZO NIOBRARA LLC-10439 Status Date: 5/1/2017 Federal or State Lease#: FacilitylD: 425473 LocationlD: 425475 County: WELD#123 Location: SESE 25 8N60W 6 PM Field: DJ HORIZONTAL NIOBRARA -#16950 Elevation: 4,934 ft. Planned Location 313 Fs� 1637 Fe� LaULong:40.62707/-104.03618 Lat/Long Source:Field Measured As Drilled Location Footages Not Available LaULong:40.627041-104.03619 LaVLong Source:Field Measured �G�,,� Job Date: 10/9/2012 Reported: 11/23/2012 Days to report: 45 r1a�.r-��rw Job End Date: 10/9/2012 Chemical Disclosure Reaistry Wellbore Data for Sidetrack#00 Status: PR 5/1/2017 Spud Date: 8/12/2012 Spud Date is: ACTUAL Wellbore Permit Permit#: Expiration Date: 9/21l2013 Prop Depth/Form: 7200 Surtace Mineral Owner Same: N Mineral Owner: FEE Surtace Owner: FEE Unit: Unit Number: Formation and Spacing: Code:NA,Formation:NOT APPLICABLE,Order:535-70,Unit Acreage:640,Drill Unit:ALL Casing: String Type:t ST,Hole Size:12.25,Size:9.625,Top:0,Depth:1400,Weight:36 Cement: Sacks:534,Top:0,Boriom:1400,Method Grade: Casing: String Type:OPEN HOLE,Hole Size:8.75,Size:,Top:0,Depth:7034,Weight: Cement: Sacks:,Top:,Bottom:,Method Grade: Welibore Completed Completion Date: 8/25/2012 Measured TD: 10618 Measured PB depth: 10535 True Vertical TD: 6221 True Vertical PB depth: 6220 Top PZ Location: Sec:25 Twp:BN 60W Footage:1003 Fs� 793 FEL Depth Bottom Hole Location: Sec:25 Twp:8N 60W Footages:661 FN� B�0 FEL Depth Log Types: GR,CBL Log Types: MWD,CBL Casing: String Type:CONDUCTOR,Hole Size:18,Size:16,Top:0,Depth:70,Weight:65 Cement: Sacks:8,Top:0,Bottom:70,Method Grade:VISU Casing: String Type:SURF,Hole Size:12.25,Size:9.625,Top:0,Depth:1410,Weight:36 Cement: Sacks:555,Top:0,Bottom:1410,Method Grade:VISU Casing: String Type:1 ST,Hole Size:8.75,Size:7,Top:0,Depth:6282,Weight:23 Cement: Sacks:533,Top:530,Bottom:6282,Method Grade:CBL Casing: String Type:1ST LINER,Hole Size:6.25,Size:4.5,Top:5605,Depth:10585,Weight:11.6 Cement: Sacks:,Top:,Bottom:,Method Grade: Formation Log Top Log Bottom Cored DSTs SHARON SPRINGS 6050 6166 N N NIOBRARA 6166 N N Completed information for formation NBRR Status: PR 5/1/2017 1st Production Date: 10/21/2012 Choke Size: Status Date: 5/1/2017 Open Hole Completion: Y Commingled: N Produdion Method: Fortnation Name: NIOBRARA Status: PR Formation Treatment Treatment Type: FRACTURE STIMULATION Treatment Date: 10/9/2012 Treatment End Date: 10/9/2012 Treatment summary:Fracture stimulated through a port and packer system with 2,442,257 sacks of Ottawa 20I40 sand and 144,000 sacks of CRC 20/40 sand and 2,959,665 with 46,721 total fluid.Swell Packer is�6966'Top 6980'Bottom Total fluid used in treatment(bbls): 46721 Max pressure during treatment(psi): 7609 Total gas used in treatment(mc�: Fluid density(ibs/gal): 8.4 Type of gas: Number of staged intervals: 8 Total acid used in treatment(bbls): Min frac gradient(psi/ft): 3035 Recycled water used in treatment(bbls): Total flowback volume recovered(bbls): Produced water used in treatment(bbls): Disposition method for flowback: Total proppant used(Ibs): 2959665 Green completions techniques utilized: True Reason green techniques not utilized: Formation 7reatme�t Treatment Type: FRACTURE STIMULATION Treatment Date: 10l8/2012 Treatment End Date: 10/8/2012 Treatment summary:Fracture stimulated through a 14 stage port and packer system with 2,959,665 Ibs of sand and 46,721 bbls of fresh water. Total fluid used in treatment(bbls): 46721 Max pressure during treatment(psi): 7609 Total gas used in treatment(mc�: Fiuid density(Ibs/gal): 8.4 Type of gas: Number of staged intervals: 14 Total acid used in treatment(bbls): Min frac gradient(psilft): 0.43 http://cogcc.state.co.us/cogis/FacilityDetail.asp?facid=12334404&type=WELL 12/15/2017 ' COGIS - WELL Information Page 2 of 2 Recycied water used in treatment(bbls): Total flowback volume recovered(bbls):14951 Produced water used in treatment(bbls):46721 Disposition method for flowback: DISPOSAL Total proppant used(Ibs): 2959665 Green completions techniques utilized: False Reason green techniques not utilized:PIPELINE Tubing Size: 2.375 Tubing Setting Depth: 5960 Tubing Packer Depth: Tubing Muttiple Packer: Open Hole Top: Open Hole Bottom: initial Test Data: Test Date: 10/20/2012 Test Method: Hours Tested: 20 Gas Type: Gas Disposal: Test Type Measure BBLS_H2O 845 BBLS_OIL 120 BTU GAS 1272 CALC_BBLS H2O 1014 CALC_BBLS_OIL 144 CALC_GOR 538 CALC_MCF_GAS 336 CASING_PRESS 250 GRAVITY OIL 36 MCF_GAS 336 TUBING_PRESS 2500 Perforation Data: Interval Bottom: 10618 Interval Top: 6966 #of Holes: Hole Size: 2.75 Wellbore Data for Sidetrack#01 Status:AL 3/22/2011 Spud Date: S/8/2012 Spud Date is: ACTUAL Wellbore Permit HORIZONTAL Permit#: Expiration Date: 9/21/2013 11:13:44 PM Prop Depth/Form: 11903 Surface Mineral Owner Same: N Mineral Owner: FEE Surtace Owner: FEE Unit: Unit Number: Formation and Spacing: Code:NBRR,Formation:NIOBRARA,Order:535-70,Unit Acreage:640,Drill Unit:ALL Casing: String Type:SURF,Hole Size:1225,Size:9.625,Top:0,Depth:1400,Weight:36 Cement: Sacks:534,Top:0,Bottom:1400,Method Grade: Casing: String Type:1 ST,Hole Size:8.75,Size:7,Top:1400,Depth:6543,Weight:23 Cement: Sacks:621,Top:1400,Bottom:6543,Method Grade: Casing: String Type:1 ST LINER,Hole Size:6.125,Size:4.5,Top:6543,Depth:11903,Weight:11.6 Cement: Sacks:446,Top:6543,Bottom:11903,Method Grade: Wellbore Completed Completion Date: N/A Measured TD: Measured PB depth: True Vertical TD: True Vertical PB depth: Top PZ Location: Sec:25 Twp:8N 60W Footage:1034 Fs� 1075 FFELL Depth Bottom Hole Location: Sec:25 Twp:SN 60W Footages:650 FN� 650 FEL Depth Formation Log Top Log Bottom Cored DSTs No additional interval records were found for sidetrack 01. http://cogcc.state.co.us/cogis/FacilityDetaiLasp?facid=12334404&type=WELL 12/15/2017 COUNTY ATTORNEY STAFF APPROVAL This is to affirm the attached Division Order and authorization to receive payment for an oil and gas well has been reviewed by the County Attorney's staff as to form and legal description. Well Name(s): Hemberger #2-25-8-60, File Location(s): LE02 90 gy; DATE: Bruce Barker - County Attorney NOTES: [160 mineral acres/ 640 acres spacing unit * 20% royalty interest] * 50% Lease mineral interest = 0.02500000 MATCH 12-19-17 Carrizo has resubmitted a division order for the Hemberger 2-25-34-8-60 well. The original Division Order submitted in October 2013 was a separate form - one for oil and one for gas. Carrizo now only does one Division Order for the entire deck—combining both oil and gas. Carrizo has requested the County to sign the updated form. There are no further changes, and the royalty interest has stayed the same. _A R R 1 Z O _�� NADOA Model Form Division Order(Adopted 9/95) WELD COUNTY COLORADO Date: 11/16/2017 Description: Hember er�3-25-8-60 Effective Date: 09/01/2014 Owner Name and Address ��0�-12�.�yy3 WELD COUNTY COLORADO Owner Number: 047962 ATTN: CLERK TO THE BOARD Type Interest: Non Carrizo RI PO BOX 758 GREELEY,CO 80632 Decimal Interest: 0.02500000 Phone Number: 970-336-7204 FAX Number: 970-336-7233 Property Description Property: 3295.01 Hemberger 3-25-8-60 Operator. CARRIZO OIL&GAS, INC. Location: WeId,CO _ '�Map Reference Information �� Weld,CO US Township:008-N Range:060-W Section:25 Lot: QtdQtr: The undersigned certifies the ownership of the decimal interest in production proceeds as described payable by(Payor): Carrizo(Niobrara)LLC Payor shall be notified, in writing,of any change in ownership,decimal interest,or payment address. All such changes shall be effective the first day of the month following receipt of such notice. Payor is authorized to withhold payment pending resolution of a title dispute or adverse claim asserted regarding the interest in production claimed herein by the undersigned. The undersigned agrees to indemnify and reimburse Payor any amount attributable to an interest to which the undersigned is not entitled. Payor may accrue proceeds until the total amount equals$100.00,or as required by applicable state statute. This Division Order does not amend any lease or operating agreement between the undersigned and the lessee or operator or any other contracts for the purchase of oil or gas. In addition to the terms and conditions of this Division Order,the undersigned and Payor may have certain statutory rights under the laws of the state in which the property is located. Owner(s)Signature(s): �� f,� SIGNATURE: �`� �I�,�J Owner(s)Printed Name: BOARD OF�VF�D C�UNT� �,0�RS, CHAIRAN �8 �� ATTEST• �°"�,::...:��J tE5� CLER T E BO Title: BY: - DEPUTY CLER O THE BOA �'��Y� Owner(s)Tax I.D.Number(s): g\l Weld County Government Owner(s)Daytime Phone#: 1150"O"Street Greeley,CO 80634 Phone:970-336-7204 Owner(s)E-mail Address(es): Fax:970-336-7233 Tax ID:84-6000-813 � eo��rn �� 3 a��-��3 C�� L�OZ�iC� Federal Law requires you to furnish your Social Security or Taxpayer ldentification Number. Failure to comply will result in 28%tax withholding and will not be refundable by Payor. �, � �� TRACT TOTAL TRACT LEASE LEASE MINERAL OWNER NET UNIT UNIT PARTICIPATION UNIT TRACTS LSE NUMBER ROYALTY INTERSEST ROYALTY ACRES ACRES FACTOR UNIT NRI 4,�-�tJ.�2�" � UNLEASED (4024465) 0.185 100.000000% 0.185 1.21 640 0.00189063 0.00034977 NON-CRZO LEASE 2 �,�J2`�� (DOTO 3833589) 0.2 50.00% 0.1 160 640 0.25000000 0.02500000 0.02534977 � � BEATTY & WOZNIAK� P.C. ATTORNEYS AT LAW 216 SIXTEENTH STREE"C,SUITE 1100 CASPER DENVER,COLOxa.DO 80202-5 1 1 5 TEc,Er[-[oxE(303)407-4499 CHEYENNE Fa.CSIn-t[r.e(303)407-4494 www.bwenergylaw.com DexveR KYLE ALLEN* Snr.T Ln�CrrY DIRECT: (303)407-44$7 E-MAIL: KALLENA�BWENERGYLAW.COM SANTAFE June 11, 2013 Carrizo Oil and Gas, Inc. 500 Dallas Street, Suite 2300 Dallas, TX 77002 Attn: Mr. Craig E. Wiest, CPL Re: Supplemental Drilling and Division Order Title Opinion Hemberger 25-44-8-60 Weld County, Colorado Our File No. 7520-0035 Dear Mr. Wiest: Pursuant to your request, we have examined the materials listed below and based upon that information we submit this Supplemental Drilling and Division Order Title Opinion covering the following described lands: LANDS COVERED BY OPINION Township 8 North, Ran�e 60 West, 6th P.M. Section 25: All Weld County, Colorado Containing 640 acres, more or less MATERIALS EXAMINED 1. Drilling and Division Order Title Opinion dated August 14, 2012 (the "Prior Opinion"), covering all of Seetion 25, Township 8 North, Range 60 West, 6th P.M., Weld County, Colorado, prepared by Kyle Allen of Beatty & Wozniak, P.C. through its certification date of April 17, 2012. 2. Transcript of Title prepared by Ironhorse Resources, LLC covering the Subject Lands current to March 21, 2013, at 8:00 A.M. * Also licensed in Texas,Wyoming,and Montana. y M BEATTY&WOZNIAK,P.C. Carrizo Oil&Gas,Inc. Hemberger 25-44-8-60,7520-0035 June 1 l,2013 Page 2 3. Online records of the Colorado Oil and Gas Conservation Commission ("COGCC")at its website available at htt�//�,cc.state.co.us/, last accessed on May 23, 2013. 4. Weld County' Large-Tract Oil and Gas Lease dated March 14, 2012, recorded March 22, 2012, at Reception No. 3833589, from Weld County, Colorado, to Baseline Minerals, Inc., covering the Northwest Quarter of Section 25, Township 8 North, Range 60 West, for a primary term of three (3) years. 5. Assignment, Bill of Sale and Conveyance dated March 19, 2012, recorded April 2, 2012, at Reception No. 3835855, from EOG Resources, Inc. to Noble Energy WYCO, LLC. 6. Affidavit for Property Held in Trust or Joint Venture for the Herbert Austin Living Trust dated May 15, 1998, recorded May 19, 1998, at Reception No. 2613651. 7. Affidavit for Property Held in Trust for the John R. and Lucille C. Duell Living Trust dated April 10, 2000,recorded April 17, 2000, at Reception No. 2762109. S. Affidavit by Venture Charters Association, Inc. as the Trustee of Tiffany Company (Trust) dated Novernber 5, 2010, recorded November 22, 2010, at Reception No. 3734030. 9. Letters Testamentary for the Estate of Ruth Pauline Duell, deceased, dated August 31, 2005, recorded October 26, 2010, at Reception No. 3727969. 10. Letters Testamentary for the Estate of Winefred H. Jacobs, deceased, dated September 12, 2011, recorded October 3, 2011, at Reception No. 3796379. 11. Last Will and Testament of Walter E. Houston dated June 22, 1956, recorded June 27, 1968, at Reception No. 1518044, Logan County, Colorado. 12. Probate file for the Estate of Leon H. Snyder, deceased, filed in the District Court, El Paso County, Colorado, October 12, 1973, recorded July 28, 1982, at Reception No. 1898881. 13. Last Will and Testament of Frances H. Miller dated October 9, 1990, recorded October 4, 1991, at Reception No. 2265250. 14. Certificate of Death for Frances Hanna Miller dated April 15, 1991, recorded October 4, 1991, at Reception No. 2265251. 15. Affidavit of Heirship of Frances H. Miller dated September 20, 1991, recorded November 4, 1991, at Reception No. 2268217. � « BEATTY&WOZNIAK,P.C. Carrizo Oil&Gas,Inc. Hemberger 25-44-8-60,7520-0035 June l 1,2013 Page 7 LESS, TO THE POINT OF BEGINNING, CONTAINING 4.684 ACRES, MORE OR LESS.5 Tract 3B Owner Interest State Department of Highways, Division of Highways, State 100.000000% of Colorado Total 100.000000% Tract 4 Owner Interest Weld County, Colorado 100.000000% Total 100.000000°fa OIL, GAS AND OTHER MINERALS Tract 1 Owner Interest Lease No. Centennial Mineral Holdings, LLC6 27.462121% 1, 2, 5, 7, 8, 10 Herbert H. Duell 8.238636% 4 John R. Duell and Lucille C. Duell, Trustees, or their 8.238636% 6 successors in trust, under the John R. and Lucille C. Duell Living Trust dated April 10, 2000 Cozzens Living Trust dated August 25, 2011 8.238636% 3 LHB Ventures, LLC' 8.238636% 21 Cynthia Marie Spurlock� 4.119318% 3 5 More particularly described in that certain Warranty Deed dated September 4, 1980, recorded October 24, 1990, at Reception No. 1839730, ftom the George A. Doll Trust, Paul F. Hnizdil and Shirley A. Hnizdil, to the State Department of Highways,Division of Highways,State of Colorado. 6 See Comment and Requirement No. 12. ' See Comment and Requirement No.3. 8 See Comment and Requirement Nos. 8 and 38. � � BEATTY&WOZNIAK,P.C. Carrizo Oil&Gas,Inc. Hemberger 25-44-8-60,7520-0035 June 1 l,2013 Page 9 Tract 1 Owner Interest Lease No. Rodella Minerals, LLC19 1.235795% 20 STA, LLC20 1.235795% 20 The Scottish Rite FoundationZ' 0.976563% 22 TOTAL: 100.000000% Tract 2 Owner Interest Lease No. Weld County, Colorado 50.000000% 19 Darra D. Fuquaz2 12.500000% 15 Carol A. Snell23 12.500000% 16 Mary A. Chrismer24 12.500000% 17 Sally K. Bockius25 12.500000% 18 TOTAL: 100.000000% Tract 3 Owner Interest Lease No. Estate of Minnie A. Houston, deceased26 100.000000% Unleased TOTAL: 100.000000% 19 See Comment and Requirement No.37. 20 See Comment and Requirement No.37. Z' Being the E/2SE4 of the Subject Lands. Zz See Comment and Requirement No.7. Z3 See Comment and Requirement No.7. Z4 See Comment and Requirement No.7. ZS See Comment and Requirement No.7. Z6 See Comment and Requirement No.4. ,...' , BEATTY&WOZNIAK,P.C. Canizo Oil&Gas,Inc. Hemberger 25-44-8-60,7520-0035 June 11,2013 Page 10 Tract 4 Owner Interest Lease No. Weld County, Colorado27 100.000000% Unleased TOTAL: 100.000000% OIL AND GAS LEASEHOLD Tract 1 Working Net Revenue Lease Owner Interest Interest Tvpe No. Carrizo (Niobrara) LLC28 57.304697% 45.602085% WI 1 - 14, 20- (100%WI x 34.602278%MI x 85%NRI OGL 1-2, 22 4-12,20)+ (100%WI x 14.829548%MI x 87.5%NRI OGL 3)+ (100%W[x 4.943183%M1 x 80%NRI OGL 21)+ (100%WI x 2.929688%MI x 82.5%NRI OGL 13, 14,22)- (100%WI x 34.602278% MI x 5%ORRI OGL 1- 2,4-12,20� (100%WI x 14.829548%MI x 7.5%ORRI OGL 3)- (100%WI x 7.872871%MI x 4%ORRI OGL 13, 14,21,22) Oil India (USA) Inc.Zy 19.101563% 15.200693% WI 1 - 14, 20- (100%WI x 11.534091%MI x 85%NRI OGL 1-2, 22 4-12,20)+ (100%WI x 4.943182%MI x 87.5%NRI OGL 3) + (100%WI x 1.647727%MI x 80%NRI OGL 21)+ (100%WI x 0.976563%MI x 82.5%NRI OGL 13, 14, 22)- (100%WI x 11.534091% MI x 5%ORRI OGL 1- 2,4-12,20}- (100%WI x 4.943182%MI x 7.5%ORRI OGL 3)- (100%WI x 2.624290%MI x 4%ORRI OGL 13, 14,21,22) 27 See Comment and Requirement No.3. 28 See Comment and Reyuirement Nos.37 and 38. Z9 See Comment and Requirement Nos.37 and 38. r `�+ BEATTY 8i WOZNIAK,P.C. Carrizo Oil&Gas,Inc. Hemberger 25-44-8-60,7520-0035 June 1 l,2013 Page 15 Tract 2 Working Net Revenue Lease Owner Interest Interest Tvpe No. Ward Energy, L.L.C. 1.040000% ORRI 15- 18 (80%WI x 50%MI x 2.60%ORRI) Weld County, Colorado 10.000000% LOR 19 (50%MI x 20%LOR) Dara D. Fuqua 2.083333% LOR 15 (12.5%Ml x 16.666667%LOR) Carol A. Snell 2.083333% LOR 16 (12.5%Ml x 16.666667%LOR) Mary A. Chrismer 2.083333% LOR 17 (12.5%MI x 16.666667%LOR) Sally K. Bockius 2.083333% LOR 18 (12.5%MI x 16.666667%LOR) TOTAL: 100.000000% 100.000000% Tract 3 Working Net Revenue Lease Owner Interest Interest Tvpe No. Estate of Minnie A. Houston, deceased45 100.000000% 100.000000% UMI Unleased (100%Unleased MI) TOTAL: 100.000000% 100.000000% Tract 4 Working Net Revenue Lease Owner Interest Interest TvRe No. Weld County, Colorado46 100.000000% 100,000000% UMI Unleased as See Comment and Requirement No.4. 46 See Comment and Requirement No.3. {7 p BEATTY&WOZNIAK,P.C. Carrizo Oil&Gas, Inc. Hemberger 25-44-8-60,7520-0035 June 11,2013 Page 16 Tract 4 Working Net Revenue Lease Owner Interest Interest Tvne No. (100%Unleased MI) TOTAL: 100.000000% 100.000000% DIVISION OF INTEREST AND DISTRIBUTION OF THE PROCEEDS OF PRODUCTION FROM THE WELL(S)LOCATED IN THE SPACING UNIT COMPRISED OF ALL OF SECTION 25, TOWNSHIP 8 NORTH,RANGE 60 WEST, 6TH P.M. The total proceeds of production from the subject spacing unit has been apportioned in our Division of Interest according to each tract participation factor("PF"), as follows: Tract No. Participation Calculation Factor Tract 1: 0.50000000 320.00 Acres/640.00 Acres Tract 2: 0.25000000 160.00 Acres/ 640.00 Acres Tract 3: 0.24810938 158.79 Acres/640.00 Acres Tract 4: 0.00189062 1.21 Acres/640.00 Acres DIVISION OF INTEREST Working Net Revenue Interest Owner Interest Interest Type Carrizo (Niobrara) LLC 0.28652348 0.22801042 WI Tract 1 (0.57304697 WI x 0.50000000 PF) [OGL 1-14,20-22] Tract 1 (0.45602085 NRI x 0.50000000 PF) Nobel Energy, Inc. 0.12500000 0.10000000 WI Tract 2(0.50000000 WI x 0.25000000 PF) [OGL 19] Tract Z(0.40000000 NRI x 0.25000000 PF) ♦ � BEATTY&WOZNIAK,P.C. Carrizo Oil&Gas,Inc. Hemberger 25-44-8-60,7520-0035 June 11,2013 Page 17 Working Net Revenue Interest Owner Interest Interest Tvpe Ward Petroleum Corporation 0.10000000 0.08073334 WI Tract 2(0.40000000 WI x 0.25000000 PF) [OGL 15-18] Tract 2(0.32293334 NRI x 0.25000000 PF) Oil India(USA) Inc. 0.09550781 0.07600347 WI Tract 1 (0.19101563 WI x 0.50000000 PF) [OGL 1-14,20-22] Tract 1 (0.15200693NRI x 0.50000000 PF) IOCL (USA) Inc. 0.04775391 0.03800173 WI Tract 1 (0.09550781 WI x 0.50000000 PF) [OGL 1-14,20-22) Tract 1 (0.07600346 NRI x 0.50000000 PF) Haimo Oil & Gas LLC 0.04775386 0.03800169 WI Tract 1 (0.09550771 WI x 0.50000000 PF) [OGL 1-14,20-22] Tract 1 (0.07600339 NRI x 0.50000000 PF) SKV, LLC 0.02500000 0.02083334 WI Tract 2(0.10000000 WI x 0.25000000 PF) [OGL 15-18] Tract 2(0.08333334 NRI x 0.25000000 PF) Estate of Minnie A. Houston, deceased 0.24810938 0.24810938 UMI Tract 3(1.0000000 W[/NR[x 0.24810938 PF) [UMI] The Scottish Rite Foundation47 0.01464844 0.01464844 UMI Tract 1 (0.02929688 WI/NRI x 0.50000000 PF) [UMI] The Betty B. Ladmer Trust Dated November 4, 19974x 0.00781250 0.00781250 UMI Tract 1 (0.01562500 WI/NRI x 0.50000000 PF)[UMI) Weld County, Colorado49 0.00189062 0.00189062 IJMI Tract 4(1.00000000 WI/NRI x 0.00189062 PF)[UMI] 47 Being the SW/4 and the W/2SE/4 of the Subject Lands. 48 See Comment and Requirement No.35. 49 See Comment and Requirement No.3 regarding Tract 4. /J / j / / ! ' i' l � . ' . :..�� •+ v _ ' • r i i r f�/' ✓J� tf f r /�f`�� ' ,� //J j /l/ ///� " f//��aS '� _.q � m. ; /� ' '� r � ��/f�! ! f� / F � � j f� � �. A R R � � � f r�r �� l //�.�' !�` � �� j/ �/J f/ ! // f �': .+l. �] , ,,j�{/f{ ✓ %//y'Jf// ,;f� „f/J /J/ ; (� Lv3 . LFr.J l..- Ji P �' /• '/ / . /f J . ! / / . � / .�` �/� �� '�✓ ! e� / . 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' f l e . + r,F �r r `/r� f/ l, f �� A �/i I � � � ,/ � / `J �f / f . � ! /� l� / � � /� �Y / ii '' / J ��lf . . .. . . ... . . - . .. . . . . .. . . . .. . . . . ... .. . .. . . ._.__._ . . . .. _ . ....... } ��A i f �� ) F !�� "(� /��,�"��f,�J r"�,�r �/` � �,,!; ,,.' �,.s, : �.BC��I� d� � �arrizo Niobrara Wells � , ��.�` s,/� ,/l` •�`��i} - - ,� /� �� ,, � f �� Status '" F�f r` / ` '�,.� �,�' ,,�i ■ su�Fc,ce �ocanoni /f,/'��^ ' .�'�f ''� � � ae�ar�o. Lcr �,° �`� ' ��,J��. �/��,r.,%, .'° � ✓ sr `' ,� ' �, f+' ,f.✓,f✓.'„%" ,✓, .j�' .. ,r ,e/,;: O PROPOSED p �J F ,p Jr° ! f r� Y ✓ 1 f�' /�,✓�I Pd � sr'f„y1,• .; 1. 3� �(- PRODUCING � � [� F �'�r� ,/;�,�r'�,;��' ;,�` � Pe�nnirreo � /' , f .� '�' ! / . F � �'�,�Jf�'�;�'/ � WAIr�NG ON Co�nPL � ��rrf.� X' f'A'�f I � { r � i r �f f i ,;.'`i '`,�✓, �,r d %,f':;', _ ; •_. � r f '-,r' PENDWGP_RLVT �/ � ��{�fµ��/�� y�� J� 'p! , fj�,� % ,.jf�,.r ."fa �, �",,� int_Text ,r �•' � ,/I ; r r'�j F �,, � � . / / 3" ' „ f > / f /f �l t �s i . tf ;"`�" � Fl1lL / 1 /" .. ; !' z` / :` i Y: f�?;, PA,RTIAL COGIS - WELL Infonnation Page 1 of 2 COCIS - WELL Inforrnation SCout Card �=. Related �o Insp . '� MIT � GIS �. Doc C�. COA �C Wellbore ,� Orders Surface Location Data for API # 05- 123-39443 Status : PR 9/11 /2014 Well Name/No: HEMBERGER #3-25-8-60 (click well name for production) Operator: CARRIZO NIOBRARA LLC - 10439 Status Date: 9/11 /2014 Federal or State Lease #: FacilitylD: 437194 LocationlD: 437190 County: WELD #123 Loca4ion : SWSW 25 8N60W 6 PM Field: DJ HORIZO(VTAL NIOBRARA - #16950 Elevation: 4,909 ft. Planned Location 357 Fs� 852 Fvu� LaVLong: 40.62715/-104.04636 LaULong Source: Field Measured As Drilled Location Foo4ages Not Available Lat/Long: 40.62715/-104.04636 LaULong Source: Field Measured � `�'" � Job Date: 9/1 /2014 Reported: 9/15/2014 Days to report: 13 Job End Date: 9/2/2014 Chemical Disclasure Reaistry Wellbore Data for Sidetrack #00 Status: PR 9/11 /2014 Spud Date: 6l28/2014 Spud Date is: ACTUAL Wellbore Permit HORI2ONTAL Permit #: Expiration Date: 5/14/2016 8:58: 19 PM Prop Depth/Form: 10696 Surtace Mineral Owner Same: Mineral Owner: FEE Surface Owner: FEE Unit: Unit Number: Formation and Spacing : Code: NBRR , Formation : NIOBRARA , Order: 535-458 , Unit Acreage: 640, Drill Uni4: S. 25: ALL Casing: S4ring Type: CONDUCTOR , Hole Size: 18, Size: 16, Top: 0, Depth : 77, Weight: 65 Cement: Sacks: 8, Top: 0, Bottom: 77, Method Grade: Casing : String Type: SURF , Hole Size: 12.25, Size: 9.625, Top: 0, Depth: 1400, Weight: 36 Cement: Sacks: 534, Top: 0, Bottom: 1400, Method Grade: Casing: String Type: 1 ST , Hole Size: 8.75, Size: 7, Top: 0, Depth : 6439, Weigh4: 23 Cement: Sacks: 575, Top: , Bottom: 6439, Method Grade: Casing : String Type: 1 ST LINER , Hole Size: 6. 125, Size: 4.5, Top: 5709, Depth : 10696, Weight: 11 .6 Cement: Sacks: , Top: , 8ottom: , Method Grade: Vl/ellbore Completed Completion Date: 7/8/2014 Measured TD: 10456 Measured PB dep4h : 10387 True Vertical TD: 6141 True Vertical PB depth: 6141 Top PZ Location : Sec: 25 Twp: 8N 60W Footage: 554 Fs� 662 Fw� Depth Bottom Hole Location: Sec: 25 Twp: 8N 60W Footages: 651 FNL 657 Fw� Depth Log Types: MWD, CBL Casing: String Type: CONDUCTOR , Hole Size: 18, Size: 16, Top: 0, Depth : 70, Weight: 65 Cemen4: Sacks: 8, Top: 0, Bottom: 70, Method Grade; VISU Casing: String Type: SURF , Hole Size: 12.25, Size: 9.625, Top: 0, Depth: 1477, Weight: 36 Cemen4: Sacks: 546, Top: 0, Bottom: 1477, Method Grade: VISU Casing: String Type: 1 ST , Hole Size: 8.75, Size: 7, Top: 0, Depth : 6354, Weight: 23 Cement: Sacks: 577, Top: 295, Bottom: 6354, Method Grade: C8L Casing: String Type: 1 ST LINER , Hole Size: 6. 125, Size: 4.5, Top: 5481 , Depth : 10437, Weight: 11 .6 Cement: Sacks: , Top: , Bottom: , Method Grade: Formation Log Top Log Bottom Cored DSTs SHARON SPRINGS 6040 6243 N N NIOBRARA 6243 N N Completed information for formation NBRR Status: PR 9/11 /2014 1st Production Date: 9/12/2014 Choke Size: S4atus Date: 9/11 /2014 Open Hole Completion: Y Commingled: N Production Method: Formation Name: NIpBRARA Status: PR Formation Treatment Treatment Type: FRACTURE STIMULATION Trea4ment Date: 9/1 /2014 Treatmen4 End Date: 9/2/2014 Treatment summary: Fracture stimulated through a 14 stage port and packer system with 3,019,256 Ibs of sand and 45,978 bbls of fresh water. Total fluid used in treatmen4 (bbls): 45978 Max pressure during treatment (psi): 5709 Total gas used in 4reatment (mct�: Fluid density (Ibs/gal): 8.9 Type of gas: Number of staged intervals: 14 Total acid used in 4rea4ment (bbis): Min frac gradient (psUft): 0.85 Recycled water used in treatment (trbls): Total flowback volume recoveted (bbls): 14713 Produced water used in treatment (bbls): 45978 Disposition method for flowback: DISPOSAL Total proppant used (Ibs): 3019256 Green completions techniques utilized: False Reason green techniques not utilized : PIPELINE Tubing Size: 2.375 Tubing Se4ting Depth: 5916 Tubing Packer Depth: Tubing Multiple Packer: Open Hole Top: Open Hole Bottom: Initial Test Data: Test Date: 9/11/2014 Test Method: http ://cogcc . state . co . us/cogis/FacilityDetail . asp ?facid= l 2339443 �type=WELL 12/ 15/2017 COGIS - WELL Information Page 2 of 2 Hours Tested: 24 Gas Type: Gas Disposal: Test Type Measure BBLS_H2O 912 BBLS_OIL 16 CALC_BBLS_H2O 912 CALC_BBLS_OIL 16 CASING_PRESS 175 GRAVITY_OIL 36 Pertoration Data: Interval Bottom: 10437 Interval Top: 6356 #of Holes: Hole Size: i http://cogcc.state.co.us/cogis/FacilityDetail.asp?facid=12339443&type=WELL 12/15/2017 COUNTY ATTORNEY STAFF APPROVAL This is to affirm the attached Division Order and authorization to receive payment for an oil and gas well has been reviewed by the County Attorney's staff as to form and legal description. Well Name(s): Hemberger #1-25-8-60, Hemberger #3-25-8-60, Hemberger #4-25-8- 60, Hemberger #5-25-8-60 Hemberger #6-25-8-60 File Location(s): LE02 90 BY�-= 2 , DATE: Bru Barker - County Attorney NOTES: [160 mineral acres/ 640 acres spacing unit * 20% royalty interest] * 50% Lease mineral interest = 0.02500000 MATCH �"�G A R R ! Z O NADOA Model Form Division Order(Adopted 9/95) WELD COUNTY COLORADO Date: 11/16/2017 Description: Hember ert4-25-8-60 Effective Date: 09/01/2014 Owner Name and Address ��,bGJ' - ��'�j�Z WELD COUNTY COLORADO Owner Number: 047962 ATTN:CLERK TO THE BOARD Type Interest: Non Carrizo RI PO BOX 758 GREELEY,CO 80632 Decimal Interest: 0.02500000 Phone Number: 970-336-7204 FAX Number: 970-336-7233 Property Description Property: 3296.01 Hemberger 4-25-8-60 Operator: CARRIZO OIL&GAS, INC. Location: WeId,CO �'��.Map Reference Information �'�.. Weld,CO US Township:008-N Range:060-W Section:25 Lot: QtdQtr: The undersigned certifies the ownership of the decimal interest in production proceeds as described payable by(Payor): Carrizo(Niobrara)LLC Payor shall be notified, in writing,of any change in ownership,decimal interest,or payment address. All such changes shall be effective the first day of the month following receipt of such notice. Payor is authorized to withhold payment pending resolution of a title dispute or adverse claim asserted regarding the interest in production claimed herein by the undersigned. The undersigned agrees to indemnify and reimburse Payor any amount attributable to an interest to which the undersigned is not entitled. Payor may accrue proceeds until the total amount equals$100.00,or as required by applicable state statute. This Division Order does not amend any lease or operating agreement between the undersigned and the lessee or operator or any other contracts for the purchase of oil or gas. In addition to the terms and conditions of this Division Order,the undersigned and Payor may have certain statutory rights under the laws of the state in which the property is located. �JL �� Owner(s)Signature(s): ��' � SIGNATURE: owner(s)Printea Name: BOARD OF� L ` U T �80 S�LO ERS, CHAIR �TrEs : JAN fl � 2Bi$ �� CLE HE B Title: BY. DEPUTY CLE TO T E BO �� • �' Owner(s)Tax I.D. Number(s): ��1 � Weld County Government Owner(s)Daytime Phone#: 1150"O°Street � Greeley,CO 80634 Owner(s)E-mail Address(es): Phone:970-336-7204 Fax:970-336-7233 TaxID:84-6000-813 ,0 �� 7� � 8 C.oc�� ecY.��I� / aI U �j �� 02 Federal Law requires you to furnish your Social Security or Taxpayer ldentification Number. Failure to comply will result in 28%tax withholding and will not be refundable by Payor. �— 0 � �/1 TRACT TOTAL TRACT LEASE LEASE MINERAL OWNER NET UNIT UNIT PARTICIPATION UNIT TRACTS LSE NUMBER ROYALTY INTERSEST ROYALTY ACRES ACRES FACTOR UNIT NRI 4.L�32�� UNLEASED(4024465) 0.185 100.000000% 0.185 1.21 ' 640 0.00189063 0.00034977 NON-CRZO LEASE 2 ��JZ`�� (DOTO 3833589) 0.2 50.00% 0.1 160 640 0.25000000 0.02500000 0.02534977 � BEATTY & WOZNIAK, P.C. ATTORNEYS AT LAW 216 SIXTEENTH STREET,SUITE 1100 CASPER DENVER,COLO�DO 802O2-S 11 S TE[.erxoxs(303)407-4499 CHEYENNE F,aCSrM►[.E(303)407-4494 — www.bwenergylaw.com DsrrvEx KYLE ALLEN* SALT LAKE CITY urREc'f: (303)407-4457 E-MAIL: KALLEN�A BWENERGYLAW.COM SANTA FE June 11, 2013 Carrizo Oil and Gas, Inc. 500 Dallas Street, Suite 2300 Dallas, TX 77002 Attn: Mr. Craig E. Wiest, CPL Re: Supplemental Drilling and Division Order Title Opinion Hemberger 25-44-8-60 Weld County, Colorado Our File No. 7520-0035 Dear Mr. Wiest: Pursuant to your request, we have examined the materials listed below and based upon that information we submit this Supplemental Drilling and Division Order Title Opinion covering the following described lands: LANDS COVERED BY OPINION Township 8 North, Ran�e 60 West, 6th P.M. Section 25: All Weld County, Colorado Containing 640 acres, more or less MATERIALS EXAMINED l. Drilling and Division Order Title Opinion dated August 14, 2012 (the "Prior Opinion"), covering all of Section 25, `Township 8 North, Range 60 West, 6th P.NI., Weld County, Colorado, prepared by Kyle Allen of Beatty & Wozniak, P.C. through its certification date of April 17, 2012. 2. Transcript of Title prepared by Ironhorse Resources, LLC covering the Subject Lands current to March 21, 2�13, at 8:00 A.M. * Also licensed in Texas,Wyoming,and Montana. BEATTY&WOZNIAK,P.C. Carrizo Oil&Gas,Inc. Hemberger 25-44-8-60,7520-0035 June 1],2013 Page 2 3. Online records of the Colorado Oil and Gas Conservation Commission ("COGCC")at its website available at http:Ucogcc.state.co.us/, last accessed on May 23,2013. 4. Weld County Large-Tract Oil �nd Gas Lease dated March 14, 2012, recorded March 22, 2012, at Reception No. 3833589, from Weld County, Colorado, to Baseline Minerals, Inc., covering the Northwest Quarter of Section 25, Township $ North, Range 60 West, for a primary term of three(3) years. 5. Assignment, Bill of Sale and Conveyance dated March 19, 2012, recorded April 2, 2012, at Reception No. 3835855, from EOG Resources, Inc. to Noble Energy WYCO,LLC. 6. Affidavit for Property Held in Trust or Joint Venture for the Herbert Austin Living Trust dated May 15, 1998, recorded May 19, 1998, at Reception No. 2613651. 7. Affidavit for Property Held in Trust for the John R. and Lucille C. Duell Living Trust dated April 10, 2000, recorded April 17, 2000, at Reception No. 2762109. 8. Affidavit by Venture Charters Association, Inc. as the Trustee of Tiffany Company (Trust) dated November 5, 2010, recorded November 22, 2010, at Reception No. 3734030. 9. Letters Testamentary for the Estate of Ruth Pauline Duell, deceased, dated August 31,2005, recorded October 26, 2010, at Reception No. 3727969. 10. Letters Testamentary for the Estate of Winefred H. Jacobs, deceased, dated September 12, 2011, recorded October 3, 2011, at Reception No. 3796379. 11. Last Will and Testament of Walter E. Houston dated June 22, 1956, recorded June 27, 1968, at Reception No. 1518044, Logan County, Colorado. 12. Probate file for the Estate of Leon H. Snyder, deceased, filed in the District Court, EI Paso County, Colorado, October 12, 1973, recorded July 28, 1982, at Reception No. 1898881. 13. Last Will and Testament of Frances H. Miller dated October 9, 199�0, recorded October 4, 1991, at Reception No. 2265250. 14. Certificate of Death for Frances Hanna Miller dated April 15, 1991, recorded October 4, 1991, at Reception No. 2265251. � 15. Affidavit of Heirship of Frances H. Miller dated September 20, 1991, recorded November 4, 1991, at Reception No. 2268217. ,_ BEATTY&WOZNIAK,P.C. Carrizo Oil&Gas,Inc. Hemberger 25-44-8-60,7520-0035 June 11,2013 Page 7 LESS, TO THE POINT OF BEGINNING, CONTAINING 4.684 ACRES, MORE OR LESS.5 Tract 3B Owner Interest State Department of Highways, Division of Highways, State 100.000000% of Colorado Total 100.000000% Tract 4 Owner Interest Weld County, Colorado 100.000000% Total 100.000000°/a OIL, GAS AND OTHER MINERALS Tract 1 Owner Interest Lease No. Centennial Mineral Holdings, LLC6 27.462121% 1, 2, 5, 7, 8, 10 Herbert H. Duell 8.238636% 4 John R. Duell and Lucille C. Duell, Trustees, or their 8.238636% 6 successors in trust, under the John R. and Lucille C. Duell Living Trust dated April 10, 2000 Cozzens Living Trust dated August 25, 2011 8.238636% 3 LHB Ventures, LLC' 8.238636% 21 Cynthia Marie Spurlock� 4.119318% 3 5 More particularly described in that certain Warranty Deed dated September 4, 1980,recorded October 24, 1990, at Reception No. 1839730, from the George A. Doll Trust, Paul F. Hnizdil and Shirley A. Hnizdil, to the State Department of Highways,Division of Highways,State of Colorado. 6 See Comment and Requirement No. 12. ' See Comment and Requirement No.3. 8 See Comment and Requirement Nos. 8 and 38. BEATTY&WOZNIAK,P.C. Canizo Oil&Gas,Inc. Hemberger 25-44-8-60,7520-0035 June 11,2013 Page 9 Tract 1 Owner Interest Lease No. Rodella Minerals, LLC19 1.235795% 20 STA, LLC2° 1.235795% 20 The Scottish Rite Foundation21 0.976563% 22 TOTAL: 100.000000% Tract 2 Owner Interest Lease No. Weld County, Colorado 50.000000% 19 Darra D. Fuquall 12.500000% 15 Carol A. Sne1123 12.500000% 16 Mary A. Chrismer24 12.500000% 17 Sally K. Bockius25 12.500000% 18 TOTAL: 100.000000% Tract 3 Owner Interest Lease No. Estate of Minnie A. Houston, deceased26 100.000000% Unleased TOTAL: 100.000000% 19 See Comment and Requirement No.37. 2° See Comment and Requirement No.37. 21 Being the E/2SE4 of the Subject Lands. ZZ See Comment and Requirement No.7. Z3 See Comment and Requirement No.7. Z' See Comment and Requirement No.7. 25 See Comment and Requirement No.7. 26 See Comment and Requirement No.4. BEATTY&WOZNIAK,P.C. Carrizo Oii&Gas,Inc. Hemberger 25-44-8-60,7520-0035 June 11,2013 Page 10 Tract 4 Owner Interest Lease No. We1d County, ColoradoZ� 100.000000% Unleased TOTAL: 100.000000% OIL AND GAS LEASEHOLD Tract 1 Working Net Revenue Lease Owner Interest Interest Tvne No. Carrizo (Niobrara) LLC28 57.304697% 45.602085% WI 1 - 14, 20- (100%WI x 34.602278%MI x 85%NRI OGL 1-2, 22 4-12,20)+ (100%WI x 14.829548%MI x 87.5%NRI OGL 3)+ (100%WI x 4.943183%MI x 80%NRI OGL 21)+ (100%WI x 2.929688%MI x 82.5%NRI OGL 13, 14,22)- (100%WI x 34.602278% MI x 5%ORRI OGL 1- 2,4-12,20� (100%WI x 14.829548%MI x 7.5%ORRI OGL 3)- (100%WI x 7.872871%MI x 4%ORRI OGL 13, 14,21,22) Oil India(USA) Inc.zy 19.101563% 15.200693% WI 1 - 14, 20- (100%WI x 11.534091%MI x 85%NRI OGL 1-2, 22 4-12,20)+ (100%WI x 4.943182%MI x 87.5%NRI OGL 3) + (100%WI x 1.647727%MI x 80%NRI OGL 21)+ (100%WI x 0.976563%MI x 82.5%NRI OGL 13, 14, 22)- (100%WI x 11.534091% MI x 5%ORRI OGL 1- 2,4-12,20� (100%WI x 4.943182%MI x 7.5%ORRI OGL 3)- (100%WI x 2.624290%MI x 4%ORRI OGL 13, 14,21,22) 27 See Comment and Reyuirement No.3. 28 See Comment and Requirement Nos.37 and 38. Z9 See Comment and Requirement Nos.37 and 38. , � BEATTY&WOZNIAK,P.C. Carrizo Oil&Gas,Inc. Hemberger 25-44-8-60,7520-0035 June 11,2013 Page 15 Tract 2 Working Net Revenue Lease Owner Interest Interest Tvpe No. Ward Energy, L.L.C. 1.040000% ORRI 15- 18 (80%WI x 50%MI x 2.60%ORRI) Weld County, Colorado 10.000000% LOR 19 (50%MI x 20%LOR) Dara D. Fuqua 2.083333% LOR 15 (12.5%MI x 16.666667%LOR) Carol A. Snell 2.083333% LOR 16 (12.5%Ml x 16.666667%LOR) Mary A. Chrismer 2.083333% LOR 17 (12.5%MI x 16.666667%LOR) Sally K. Bockius 2.083333% LOR 18 (12.5%MI x 16.666667%LOR) TOTAL: 100.000000% 100.000000% Tract 3 Working Net Revenue Lease Owner Interest Interest Tvpe No. Estate of Minnie A. Houston, deceased45 100.000000% 100.000000% UMI Unleased (100%Unleased MI) TOTAL: 100.000000% 100.000000% Tract 4 Working Net Revenue: Lease Owner Interest Interest Tvpe No. Weld County, Colorado46 l 00.000000% �00,000000%o UMI Unleased as See Comment and Requirement No.4. ab See Comment and Requirement No.3. i. � BEATTY&WOZNIAK,P.C. Carrizo Oil&Gas, Inc. Hemberger 25-44-8-60,7520-0035 June 11,2013 Page 16 Tract 4 Working Net Revenue Lease Owner Interest Interest Tvpe No. (100%Unleased MI) TOTAL: 100.000000% 100.000000% DIVISION OF INTEREST AND DISTRIBUTION OF THE PROCEEDS OF PRODUCTION FROM THE WELL(S)LOCATED IN THE SPACING UNIT COMPRISED OF ALL OF SECTION 25,TOWNSHIP 8 NORTH,RANGE 60 WEST, 6TH P.M. The total proceeds of production from the subject spacing unit has been apportioned in our Division of Interest according to each tract participation factor("PF"), as follows: Tract No. Participation Calculation Factor Tract 1: 0.50000000 320.00 Acres/ 640.00 Acres Tract 2: 0.25000000 160.00 Acres/640.00 Acres Tract 3: 0.24810938 158.79 Acres /640.00 Acres Tract 4: 0.00189062 1.21 Acres/640.00 Acres DIVISION OF INTEREST Working Net Revenue Interest Owner Interest Interest Type Carrizo (Niobrara) LLC 0.28652348 0.22801042 WI Tract 1 (0.57304697 WI x 0.50000000 PF) [OGL 1-14,20-22] Tract 1 (0.45602085 NRI x 0.50000000 PF) Nobel Energy, Inc. 0.12500000 0.10000000 WI Tract 2(0.50000000 WI x 0.25000000 PF) [OGL 19] Tract 2(0.40000000 NRI x 0.25000000 PF) , � BEATTY&WOZN�AK,P.C. Canizo Oil&Gas,Inc. Hemberger 25-44-8-60,7520-0035 June 11,2013 Page 17 Working Net Revenue Interest Owner Interest Interest Tvpe Ward Petroleum Corporation 0.10000000 0.08073334 WI Tract 2(0.40000000 WI x 0.25000000 PF) [OGL 15-18] Tract 2(0.32293334 NRI x 0.25000000 PF) Oil India(USA) Inc. 0.09550781 0.07600347 WI Tract 1 (0.19101563 WI x 0.50000000 PF) [OGL 1-14,20-22] Tract 1 (0.15200693NRI x 0.50000000 PF) IOCL (USA) Inc. 0.04775391 0.03800173 WI Tract 1 (0.09550781 WI x 0.50000000 PF) [OGL 1-14,20-22] Tract 1 (0.07600346 NR.I x 0.50000000 PF) Haimo Oil & Gas LLC 0.04775386 0.03800169 WI Tract 1 (0.09550771 WI x 0.50000000 PF) [OGL 1-14,20-22] Tract 1 (0.07600339 NRI x 0.50000000 PF) SKV, LLC 0.02500000 0.02083334 WI Tract 2(0.10000000 WI x 0.25000000 PF) [OGL 15-18] Tract 2(0.08333334 NRI x 0.25000000 PF) Estate of Minnie A. Houston, deceased 0.24810938 0.24810938 UMI Tract 3 (1.0000000 WIMRI x 0.24810938 PF) [UMI] The Scottish Rite Foundation47 0.01464844 0.01464844 UMI Tract 1 (0.02929688 WI/NRI x 0.50000000 PF) [UMI] The Betty B. Ladmer Trust Dated November 4, 19974x 0.00781250 0.00781250 UMI Tract 1 (0.01562500 WI/NRI x 0.50000000 PF)[UMI] Weld County, Colorado49 0.001 S9062 Q.0018g062 UMI Tract 4(1.00000000 WI/NRI xD.00189062 PF)[UMI] 47 Being the S W/4 and the W/2SE/4 of the Subject Lands. 48 See Comment and Requirement No.35. a9 See Comment and Requirement No.3 regarding Tract 4. r .� Y . . . . . . . .i � r / / . / � Ya41;3YF .xc�:a'^ . . . r/J �� J/j/ // �! rF/✓/� �` J/`� /l�F�� ,�//�J'r } _ _ �...Wss�'sc.' r f��1�J r�� // jfIj F � l / I f £s. �� / / �f f /� l / / � /, � //� f C A R �i � .� D '� �i1.J � �/''`�/�� . �,�f` ; ��'� � � �, 23 � i ` f��. ,� ` / � `'� �` � i r' ,� �f ,��.' 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LOC. d �s rr + �{r A y✓'�,� ! f P � ,l f / '' /"f ` .d ,l' .��,✓',t"�,r'��. ryC O PROPOSED �i"y,�` t''/,��" ,�� `* �r' ,,t ; % J V s/.>j/,rfr/'�'Jr �,.j/fl.s''�" /f,% �E PRODUCING � � , s /� O;f,�`.�'�/��.^',+/"�!�/�..''� .�` s � PER�1ITTED � /�,./ .%� F;/ „?r!'fi �� i / /�� / .�/ f ,//' "�' WAITING Oi� COMFL /./ > �/' �''� '�f' 1 ,/�� . � ,,�1p�''��rf` � ' J � j° .� / � f� " �J.' ' �`��/i'� -�r-- PENOI�IGP�RW1iT /� /� i f,f, J!�e"'� �" t r'%. ` +��r� / / A �+' fr !"� t'r��'+ ,�`i f,/ •?/�°' �'�.� �'f .�"' e i ,M",,; Int Text / /�/ A� I��°'fii' i?*f.�'r ff ''� .. ,f/�� ,,,�'"f•°" F ,!' r'� /' r'"f./'` �° � FULL �'' e' f f �� / ; ,/ . �' /`, PARTIA! COGIS - WELL Information Page l of 2 COGIS - eIVELL Information SCOut Card '� Related � Insp . � MIT � GIS C� Doc C� COA j� Wellbore _� Orders Surface Location Data for API # 05-123-39442 Status : PR 9/13/2014 Well Name/No: HEMBERGER #4-25-S-60 (click well name for production) Operator: CARRIZO NIOBRARA LLC - 10439 Status Date: 9/13/2014 Federal or State Lease #: Facilityl D: 437193 Location I D: 437190 County: WELD #123 Location: SWSW 25 8N60W 6 PM Field: DJ HORIZONTAL NIOBRARA - #16950 Elevation : 4,909 ft. Planned Location 372 Fs� 852 Fw� LaULong: 40.62719/-104.04636 LaULong Source: Field Measured As Drilled Location Footages Not Available LaULong: 40.62719/-104.04636 LaULong Source: Field Measured �� Job Date: 8/30/2014 C ��' Job End Date: 9/1 /2014 Reported : 9/15/2014 Days to report: 14 Chemical Disclosure Reaistry Wellbore Data for Sidetrack #00 Status: PR 9/ 13/2014 Spud Date: 6/17/2014 Spud Date is: ACTUAL IMellbore Permit HORI2ONTAL Permit #: Expiration Date: 5/14/2016 8:58: 19 PM Prop Depth/Form: 10687 Surface Mineral Owner Same: Mineral Owner: Surface Owner: FEE Unit: Unit Number: Formation and Spacing: Code: NBRR , Formation: NIOBRARA , Order: 535-458 , Unit Acreage: 640, Drill Unit: 5 . 25: ALL Casing: String Type: CONDUCTOR , Hole Size: 18, Size: 16, Top: 0, Depth : 77, Weight: 65 Cement: Sacks: 8, Top: 0, Bottom: 77, Method Grade: Casing: String Type: SURF , Hole Size: 12.25, Size: 9.625, Top: 0, Depth: 1400, Weight: 36 Cement: Sacks: 534, Top: 0, Bottom: 1400, Method Grade: Casing : String Type: 1 ST , Hole Size: 8.75, Size: 7, Top: 0, Depth: 6435, Weight: 23 Cement: Sacks: 574, Top: , Bottom: 6435, Method Grade: Casing: String Type: 1 ST LINER , Hole Size: 6. 125, Size: 4.5, Top: 5704, Depth : 10687, Weight: 11 .6 Cement: Sacks: , Top: , Bottom: , Method Grade: Wellbore Completed Completion Date: 6/27/2014 Measured TD: 10560 Measured PB depth: 10490 True Vertical TD: 6228 True Vertical PB depih: 6228 Top PZ Location : Sec: 25 Twp: 8N 60W Footage: 463 Fs� 940 Fw� Depth Bottom Hole Location : Sec: 25 Twp: 8N 60W Footages: 651 FN� 930 Fwt Depth Log Types: MWD, CBL, Dual Induction Resistivity Casing : String Type: CONDUCTOR , Hole Size: 18, Size: 16, Top: 0, Depth : 60, Weight: 65 Cement: Sacks: 8, Top: 0, Bottom: 60, Method Grade: VISU Casing : String Type: SURF , Hole Size: 12.25, Size: 9.625, Top: 0, Depth: 1442, Weight: 36 Cement: Sacks: 546, Top: 0, Bottom: 1442, Method Grade: VISU Casing: String Type: 1ST , Hole Size: 8 .75, Size: 7, Top: 0, Depth: 6368, Weight: 23 Cement: Sacks: 577, Top: 300, Bottom: 6368, Method Grade: CBL Casing : String Type: 15T LINER , Hole Size: 6. 125, Size: 4.5, Top: 5610, Depth: 10540, Weight: 11 .6 Cement: Sacks: , Top: , Bottom: , Method Grade: Formation Log Top Log Bottom Cored DSTs SHARON SPRINGS 6028 6140 N N NIOBRARA 6140 N N Completed information for formation NBRR Status: PR 9/12/2014 1st Production Date: 9/12/2014 Choke Size: Status Date: 9/12/2014 Open Hole Completion : Y Commingled: N Production Method: Formation Name: NIOBRARA Status: PR Forma4ion Treatment Treatment Type: FRACTURE STIMULATION Treatment Date: 8/30/2014 Treatment End Date: 9/1 /2014 Treatment summary: Fracture stimulated through a 15 stage port and packer stystem with 3,223,896 Ibs of sand and 51 ,331 bbls of fresh water. Total fluid used in treatment (bbls): 51331 Max pressure during treatment (psi): 4675 Total gas used in treatment (mc�: Fluid density (Ibs/gal): 8.9 Type of gas: Number of staged intervals: 15 Total acid used in treatme�t (bbls): Min frac gradient (psi/ft): 0.83 Recycled water used in treatment (bbls): Total flowback volume recovered (bbls): 16425 Produced water used in treatment (bbls): 51331 Dispositio� method for flowback: DISPOSAL Total proppant used (Ibs): 3223896 Green completions techniques utilized: False Reason green techniques not utilized : PIPELINE Tubing Size: 2.375 Tubing Setting Depth : 5984 Tubing Packer Depth: Tubing Multiple Packer: Open Hole Top: Open Hole Bottom: Initial Test Data: Test Date' 9/12/2014 Test Method: I http ://cogcc. state . co .us/cogis/FacilityDetaiLasp ?facid= 12339442&type=WELL 12/ 15/2017 COGIS - WELL Information Page 2 of 2 Hours Tested: 24 Gas Type: Gas Disposal: Test Type Measure BBLS_H2O 208 BBLS_OIL 5 CALC BBLS H2O 208 CALC_BBLS_OIL 5 CASING_PRESS 18 GRAVITY OIL 36 Pertoration Data: Interval Bottom: 10560 Interval Top: 6368 #of Holes: Hole Size: http://cogcc.state.co.us/cogis/FacilityDetail.asp?facid=12339442&type=WELL 12/15/2017 COUNTY ATTORNEY STAFF APPROVAL This is to affirm the attached Division Order and authorization to receive payment for an oil and gas well has been reviewed by the County Attorney's staff as to form and legal description. Well Name(s): Hemberger #1-25-8-60, Hemberger #3-25-8-60, Hemberger #4-25-8- 60, Hemberger #5-25-8-60 Hemberger #6-25-8-60 File Location(s): LE0290 BY�� DATE: Bru� - v arker - County Attorney NOTES: [160 mineral acres/ 640 acres spacing unit * 20% royalty interest] * 50°/a Lease mineral interest = 0.02500000 MATCH '�c�A �rRrzo NADOA Model Form Division Order(Adopted 9/95) WELD COUNTY COLORADO Date: 11/16/2017 Description: Hember �-25-8-60 Effective Date: 09/01/2014 Owner Name and Address �� a3��{� WELD COUNTY COLORADO Owner Number: 047962 ATTN:CLERK TO THE BOARD Type Interest: Non Carrizo RI PO BOX 758 GREELEY,CO 80632 Decimal Interest: 0.02500000 Phone Number: 970-336-7204 FAX Number: 970-336-7233 Property Description Property: 3297.01 Hemberger 5-25-8-60 Operator: CARRIZO OIL&GAS, INC. Location: WeId,CO �'��,Map Reference Information '�� Weld,CO US Township:008-N Range:060-W Section:25 Lot: Qtr/Qtr: The undersigned certifies the ownership of the decimal interest in production proceeds as described payable by(Payor): Carrizo(Niobrara)LLC Payor shall be notified,in writing,of any change in ownership,decimal interest,or payment address. All such changes shall be effective the first day of the month following receipt of such notice. Payor is authorized to withhold payment pending resolution of a title dispute or adverse claim asserted regarding the interest in production claimed herein by the undersigned. The undersigned agrees to indemnify and reimburse Payor any amount attributable to an interest to which the undersigned is not entitled. Payor may accrue proceeds until the total amount equals$100.00,or as required by applicable state statute. This Division Order does not amend any lease or operating agreement between the undersigned and the lessee or operator or any other contracts for the purchase of oil or gas. In addition to the terms and conditions of this Division Order,the undersigned and Payor may have certain statutory rights under the laws of the state in which the property is located. Owner(s)Signature(s): � JY !Ce� SIGNATURE: ��`�`Z—�'�� Owner(s)Printed Name: �OARD OF 1NE COUNTY MMI ION RS, CHAIR ATTES : -��a�� .�� A� �$ � Z�� 1861 -. CLE T E B Title: � BY: . (�� DEPUTY CLER O THE BOARD � Owner(s)Tax I.D. Number(s): Weld County Government Owner(s)Daytime Phone#: 1150"O"Street Greeley,CO 80634 Phone:970-336-7204 Owner(s)E-mail Address(es): Fax:970-336-7233 - Tax ID:84-6000-813 C'��nserrt- �I3 oZd/�- °��Cg� A�p� L�02q O Federal Law requires you to furnish your Social Security or Taxpayer ldentification Number. Failure to comply will result in 28%tax withholding and will not be refundable by Payor. �c�`� �_ �, ia TRACT TOTAL TRACT LEASE LEASE MINERAL OWNER NET UNIT UNIT PARTICIPATION UNIT TRACTS LSE NUMBER ROYALTY INTERSEST ROYALTY ACRES ACRES FACTOR UNIT NRI 4. �-��J2�" � UNLEASED(4024465) 0.185 100.000000% 0.185 1.21 ' 640 0.00189063 0.00034977 NON-CRZO LEASE 2 ��J2�� (DOTO 3833589) 0.2 50.00% 0.1 160 640 0.25000000 0.02500000 0.02534977 BEATTY & WOZNIAK, P.C. ATTORNEYS AT LAW 216 SIXTEENTH STREET,SUITE 1100 CASPER DENVER,COLOx.aDO 802O2-S 115 TELEPHONE(3O3)407-4499 CHEYENNE FACSrMrr.e(303)407-4494 www.bwenergylaw.com DerrvEx KYLE ALLEN* Sni,T LA�CrrY niRECr: (303)407-4457 E-MAIL: KALLENR�BWENERGYLAW.COM SANTAFE June 11, 2013 Carrizo Oil and Gas, Inc. 500 Dallas Street, Suite 2300 Dallas, TX 77002 Attn: Mr. Craig E. Wiest, CPL Re: Supplemental Drilling and Division Order Title Opinion Hemberger 25-44-8-60 Weld County, Colorado Our File No. 7520-0035 Dear Mr. Wiest: Pursuant to your request, we have examined the materials listed below and based upon that information we submit this Supplemental Drilling and Division Order Title Opinion covering the following described lands: LANDS COVERED BY OPINION Township 8 North, Ran�e 60 West, 6th P.M. Section 25: All Weld County, Colorado Containing 640 acres, more or less MATERIALS EXAMINED 1. Drilling and Division Order Title Opinion dated August 14, 2012 (the "Prior Opinion"), covering all of Section 25, Township $ North, Range 60 West, 6th P.M., Weld County, Colorado, prepared by Kyle Allen of Beatty & Wozniak, P.C. through its certification date of April 17, 2012. 2. Transcript of Title prepared by Ironhorse Resources, LLC covering the Subject Lands current to March 21, 2013, at 8:00 A.M. * Also licensed in Texas,Wyoming,and Montana. BEATTY&WOZNIAK,P.C. Carrizo Oil&Gas,Inc. Hemberger 25-44-8-60,7520-0035 June 1 l,2013 Page 2 3. Online records of the Colorado Oil and Gas Conservation Commission ("COGCC") at its website available at http://cogcc.state.co.us/, last accessed on May 23, 2013. 4. Weld County Large-Tract Oil and Gas Lease dated March 14, 2012, recorded March 22, 2012, at Reception No. 3833589, from Weld County, Colorado, to' Baseline Minerals, Inc., covering the Northwest Quarter of Section 25, Township 8 North, Range 60 West, for a primary term of three(3) years. 5. Assignment, Bill of Sale and Conveyance dated March 19, 2012, recorded April 2, 2012, at Reception No. 3835855, from EOG Resources, Inc. to Noble Energy WYCO,LLC. 6. Affidavit for Property Held in Trust or Joint Venture for the Herbert Austin Living Trust dated May 15, 1998, recorded May 19, 1998, at Reception No. 2613651. 7. Affidavit for Property Held in Trust for the John R. and Lucille C. Duell Living Trust dated April 10, 2000, recorded April 17, 2000, at Reception No. 2762109. 8. Affidavit by Venture Charters Association, Inc. as the Trustee of Tiffany Company (Trust) dated November 5, 2010, recorded November 22, 2010, at Reception No. 3734030. 9. Letters Testamentary for the Estate of Ruth Pauline Duell, deceased, dated August 31, 2005, recorded October 26, 2010, at Reception No. 3727969. 10. Letters Testamentary for the Estate of Winefred H. Jacobs, deceased, dated September 12, 2011, recorded October 3, 2011, at Reception No. 3796379. 11. Last Will and Testament of Walter E. Houston dated June 22, 1956, recorded June 27, 1968, at Reception No. 1518044, Logan County, Colorado. 12. Probate file for the Estate of Leon H. Snyder, deceased, filed in the District Court, EI Paso County, Colorado, October 12, 1973, recorded July 28, 1982, at Reception No. 1898881. 13. Last Will and Testament of Frances H. Miller dated October 9, 1990, recorded October 4, 1991, at Reception No. 2265250. 14. Certificate of Death for Frances Hanna Miller dated April 15, 1991, recorded October 4, 1991, at Reception No. 2265251. 15. Affidavit of Heirship of Frances H. Miller dated September 20, 1991, recorded November 4, 1991, at Reception No. 2268217. �. � BEATTY 8i WOZNIAK,P.C. Carrizo Oil&Gas,Inc. Hemberger 25-44-8-60,7520-0035 June 11,2013 Page 7 LESS, TO THE POINT OF BEGINNING, CONTAINING 4.684 ACRES, MORE OR LESS.5 Tract 3B Owner Interest State Department of Highways, Division of Highways, State 100.000000% of Colorado Total 100.000000% Tract 4 Owner Interest Weld County, Colorado 100.000000% Total 100.000000"/0 OIL, GAS AND OTHER MINERALS Tract 1 Owner Interest Lease No. Centennial Mineral Holdings, LLC6 27.462121% 1, 2, 5, 7, 8, 10 Herbert H. Duell 8.238636% 4 John R. Duell and Lucille C. Duell, Trustees, or their 8.238636% 6 successors in trust, under the John R. and Lucille C. Duell Living Trust dated April 10, 2000 Cozzens Living Trust dated August 25, 2011 8.238636% 3 LHB Ventures, LLC' 8.238636% 21 Cynthia Marie Spurlock� 4.119318% 3 5 More particularly described in that certain Warranty Deed dated September 4, 1980,recorded October 24, 1990, at Reception No. 1839730, from the George A. Doll Trust, Paul F. Hnizdil and Shirley A. Hnizdil, to the State Department of Highways,Division of Highways,State of Colorado. 6 See Comment and Requirement No. 12. ' See Comment and Requirement No.3. 8 See Comment and Requirement Nos. 8 and 38. BEATTY&WOZNIAK,P.C. Carrizo Oil&Gas,Inc. Hemberger 25-44-8-60,7520-0035 June 11,2013 Page 9 Tract 1 Owner Interest Lease No. Rodella Minerals, LLC19 1.235795% 20 STA, LLC2° L235795% 20 The Scottish Rite Foundation21 0.976563% 22 TOTAL: 100.000000% Tract 2 Owner Interest Lease No. Weld County, Colorado 50.000000% 19 Darra D. Fuqua22 12.500000% 15 Carol A. Sne1123 12.500000% 16 Mary A. Chrismer24 12.500000% 17 Sally K. Bockius25 12.500000% 18 TOTAL: 100.000000% Tract 3 Owner Interest Lease No. Estate of Minnie A. Houston, deceased26 100.000000% Unleased TOTAL: 100.000000% 19 See Comment and Requirement No.37. 2° See Comment and Requirement No.37. Z' Being the E/2SE4 of the Subject Lands. 22 See Comment and Requirement No.7. 23 See Comment and Requirement No.7. 24 See Comment and Requirement No. 7. 25 See Comment and Requirement No.7. 26 See Comment and Requirement No.4. � ti BEATTY c�WOZNIAK,P.C. Carrizo Oil&Gas,Inc. Hemberger 25-44-8-60,7520-0035 June 11,2013 Page 10 Tract 4 Owner Interest Lease No. Weld County, Colorado27 100.000000% Unleased TOTAL: 100.000000% OIL AND GAS LEASEHOLD Tract 1 Working Net Revenue Lease Owner Interest Interest Tvpe No. Carrizo (Niobrara) LLC28 57.304697% 45.602085% WI 1 - 14, 20- (100%WI x 34.602278%MI x 85%NRI OGL 1-2, 22 4-12,20)+ (100%WI x 14.829548%MI x 87.5%NRI OGL 3)+ (100%W I x 4.943183%MI x 80%NRI OGL 21)+ (100%WI x 2.929688%MI x 82.5%NRI OGL 13, 14,22)- (100%WI x 34.602278% MI x 5%ORRI OGL 1- 2,4-12,20� (100%WI x 14.829548%MI x 7.5%ORRI OGL 3)- (100%WI x 7.872871%MI x 4%ORRI OGL 13, 14,21,22) Oil India(USA) Inc.zy 19.101563% 15.200693% WI 1 - 14, 20- (100%WI x 11.534091%MI x 85%NRI OGL 1-2, 22 4-12,20)+ (100%WI x 4.943182%MI x 87.5%NRI OGL 3) + (100%WI x 1.647727%MI x 80%NRI OGL 21)+ (100%WI x 0.976563%MI x 82.5%NRI OGL 13, 14, 22)- (100%WI x 11.534091% MI x 5%ORRI OGL 1- 2,4-12,20)- (100%WI x 4.943182%MI x 7.5%ORRI OGL 3� (100%WI x 2.624290%MI x 4%ORRI OGL 13, 14,21,22) 27 See Comment and Requirement No.3. 28 See Comment and Reyuirement Nos.37 and 38. 29 See Comment and Requirement Nos.37 and 38. 1 . • BEATTY 8z WOZNIAK,P.C. Carrizo Oil&Gas,Inc. Hemberger 25-44-8-60,7520-0035 June 1 l,2013 Page 15 Tract 2 Working Net Revenue Lease Owner Interest Interest Tvpe No. Ward Energy, L.L.C. 1.040000% ORRI 15- 18 (80%WI x 50%MI x 2.60%ORRI) Weld County, Colorado 10.000Q00% LOR 19 (50%MI x 20%LOR) Dara D. Fuqua 2.083333% LOR 15 (12.5%MI x 16.666667%LOR) Carol A. Snell 2.083333% LOR 16 (12.5%MI x 16.666667%LOR) Mary A. Chrismer 2.083333% LOR 17 (12.5%MI x 16.666667%LOR) Sally K. Bockius 2.083333% LOR 18 (12.5%MI x 16.666667%LOR) TOTAL: 100.000000% 100.000000% Tract 3 Working Net Revenue Lease Owner Interest Interest Type No. Estate of Minnie A. Houston, deceased45 100.000000% 100.000000% UMI Unleased (100%Unleased MI) TOTAL: 100.000000% 100.000000% Tract 4 Working Net Revenue Lease Owner Interest Interest Tvpe Na Weld County, Colorado4b 100.000000% 100,0000�0%o UMI Unleased as See Comment and Reyuirement No.4. ab See Comment and Reyuirement No.3. ., BEATTY c�WOZNIAK,P.C. Carrizo Oil&Gas,Inc. Hemberger 25-44-8-60,7520-0035 June 11,2013 Page 16 Tract 4 Working Net Revenue Lease Owner Interest Interest Tvpe No. (100%Unleased MI) TOTAL: 100.000000% 100.000000% DIVISION OF INTEREST AND DISTRIBUTION OF THE PROCEEDS OF PRODUCTION FROM THE WELL(S) LOCATED IN THE SPACING UNIT COMPRISED OF ALL OF SECTION 25, TOWNSHIP 8 NORTH,RANGE 60 WEST, 6TH P.M. The total proceeds of production from the subject spacing unit has been apportioned in our Division of Interest according to each tract participation factor("PF"), as follows: Tract No. Participation Calculation Factor Tract 1: 0.50000000 320.00 Acres/640.00 Acres Tract 2: 0.25000000 160.00 Acres/640.00 Acres Tract 3: 0.24810938 158.79 Acres/640.00 Acres Tract 4: 0.00189062 1.21 Acres/640.00 Acres DIVISION OF INTEREST Working Net Revenue Interest Owner Interest Interest TvAe Carrizo (Niobrara) LLC 0.28652348 0.22801042 WI Tract 1 (0.57304697 WI x 0.50000000 PF) [OGL 1-14,20-22] Tract 1 (0.45602085 NRI x 0.50000000 PF) Nobel Energy, Inc. 0.12500000 0.10000000 WI Tract 2(0.50000000 WI x 0.25000000 PF) [OGL 19] - Tract 2(0.40000000 NRI x 0.25000000 PF) r � BEATTY&WOZNIAK,P.C. Carrizo Oil&Gas,Inc. I-Iemberger 25-44-8-60,7520-0035 June 11,2013 Page 17 Working Net Revenue Interest Owner Interest Interest Tvpe Ward Petroleum Corporation 0.10000000 0.08073334 WI Tract 2(0.40000000 WI x 0.25000000 PF) [OGL 15-18] Tract 2(0.32293334 NRI x 0.25000000 PF) Oil India(USA) Inc. 0.09550781 0.07600347 WI Tract 1 (0.19101563 WI x 0.50000000 PF) [OGL 1-14,20-22] Tract 1 (0.15200693NRI x 0.50000000 PF) IOCL (USA) Inc. 0.04775391 0.03800173 WI Tract 1 (0.09550781 WI x 0.50000000 PF) [OGL 1-14,20-22] Tract 1 (0.07600346 NRl x 0.50000000 PF) Haimo Oil & Gas LLC 0.04775386 0.03800169 WI Tract 1 (0.09550771 WI x 0.50000000 PF)[OGL 1-14,20-22] Tract 1 (0.07600339 NRI x 0.50000000 PF) SKV, LLC 0.02500000 0.02083334 WI Tract 2(0.10000000 WI x 0.25000000 PF) [OGL 15-18J Tract 2(0.08333334 NRI x 0.25000000 PF) Estate of Minnie A. Houston, deceased 0.24810938 0.24810938 UMI Tract 3 (1.0000000 WI/NRI x 0.24810938 PF)[UMI] The Scottish Rite Foundation47 0.01464844 0.01464844 UMI Tract 1 (0A2929688 WI/NRI x 0.50000000 PF) [UMI] The Betty B. Ladmer Trust Dated November 4, 19974� 0.00781250 0.00781250 UMI Tract 1 (0.01562500 WI/NRI x 0.50000000 PF)[UMI] Weld County, Colorado49 ' 0.00189062 0.00189062 UIVII Tract 4(1.00000000 WI/NRI x D,00189062 PF)[UMI] 47 Being the SW/4 and the W/2SEI4 of the Subject Lands. 48 See Comment and Requirement No.35. 49 See Comment and Requirement No.3 regarding Tract 4. ; . , r , . r , i s r �r : � - �. � . `.' �f / � �i� r s,s / J .a� ��.-.�...s�� (,/ �rr'! � r f f �ff '� /,, /3 r R��,� .f � �p _/.�R j� ;��J;r��,%//f,/f/'��r, /,f;/ �'�,,:, J V 1# � i � /.f�/fi'!fT r� Jf/'„i" J f�/f" j'' �,Ff r' �' J}J,.�. {� / � !�� /� � J� �1d� �,�` �f � " w / f � } �3 _ . . . ' .�%� �i;•;'�'�-'" %/ f�/ ! '�/ ' 19 « f,',� / ,, f �I ��%�'�,�// :,/' �,f` �� , a � � �'f'f �3� f�E'. 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J+/ / � . !A� /� {/� / �{/.f }��/ F f / / r' /' � '� ,. � �r� � ,/ i � �i ,/% . +ff ',/`fiP,�f° f �f" a�� i ��/ /� r' /1/ji' ,� /�r/'f• �� r�� '�F�� / / ; / �� f � � f ' � J �` � '� ��/ '� � '�` ' f ``�� %'ff ��/ / Fs! . `' •e` f v � y ,p �•r : P / • A' /�F � � f f�� ( ! f 3 � ��)/'! f ' / .f.< ' f/�. 1�, :� / f , f� y� .� , /��f / +' .+" . . . e�°`� ✓✓` �' / � /� �+�� flr r � /^`n,� �'/' ,f ,� f ' �'t'� /i f ! f/ ;•r` '° ,`�/ / %/L` '`� = / .%` .l%`i�.lr'f _ __ _ ,'`f!I �f,f /� f�� ,�`� ,��.�`r %rf`�. . . _ __. ;tE � ^/'.�• ',^'`i"��;f�/��fl�..� �..� t�G 13 C,� �/ ��'�f `�If�rf� `� �� f � � � � .,s Carrizo Niobrara VVei� s f �€ � a r//r,'� ./,�r ;` ,! �, — — / �" �." . �,�'l!`�,✓'�,✓(� 'Stattls / �' / r /; "!'" /°� �P� �i`�'',f1 t%; � SURFACE LCCATiON �� p.��,,.� �`��'r,r' ,�'�- � ABAND. LGC. '`�'`� "'��'� �'� r � '�°"� ` O PRUPOSED �"''�°r" � `J-�".�'�,,� .✓°r"'�-� ;�: 3S l�- PRoouc�Nc 31 l�lr I?�� /f/ � �,f �_�� l /'/ / � J`/��j' ,r��ty'"�„/r/`�,� PER�:IITTED f + � ,f' Y ' f , f �r� !',�^� '"'� "�'�+`/ ,�u. �,}� f/ J"'��r'"�;"�p^ f' f�,r` rr°,,,� �� WAITiNG OhdCOMPL / r f F' I� r •' t F r ��O �/'� ,< /� f i r f : .� �'J��'',f��j ��.� —�' PENDING PFRMIT % - � f f/fi"�A �/�.✓�/ ,✓ d� �r +'� � d` /�, F/�f ,, �,�f ,rf� 'F �rr'�'�� irrt_Text � / / �.�✓,' ✓li J / „ �,� ; . ... ;;r�r, ;-,;•;r<< , j� ;;, Fuu l �'i/ , P,�RTIAL COGIS - WELL Information Page 1 of 2 COGIS - WELL Information SCout Card ��_ Related � Inso . �l MIT O GIS C� Doc C� COA �l` Wellbore ,1� � Orders Surface Location Data for API # 05- 123-39440 Status: PR 9/ 11 /2014 Well Name/No: HEMBERGER #5-25-8-60 (click well name for production) Operator: CARRIZO NIOBRARA LLC - 10439 Status Date: 9/11 /2014 Federal or State Lease #: Facilityl D: 437191 Location I D: 437190 County: WELD #123 Location: SWSW 25 SN60W 6 PM Field : DJ HORIZONTAL NIOBRARA - #16950 Elevation: 4,909 ft. Planned Location 387 Fs� 851 Fwt LaVLong: 40.62723/-104.04636 LaULong Source: Field Measured As Drilled Location Footages No4 Available Lat/Long : 40.62723/-104.04636 LaULong Source: Field Measured G.,� C,__. .,. Job Date: 9/3/2014 Reported: 9/16/2014 Days to report: 12 f7 �iJ�,.W Job End Date: 9/4/2014 Chemical Disclosure Reqistry Wellbore Data for Sidetrack #00 Status: PR 9/11 /2014 Spud Date: 7/17/2014 Spud Date is: ACTUAL Wellbore Permit HORI2ONTAL Permit #: Expiration Date: 5/14/2016 8:58: 19 PM Prop Depth/Form: 10697 Surface Mineral Owner Same: Mineral Owner: FEE Surtace Owner: FEE Unit: Unit Number: Formation and Spacing: Code: NBRR , Formation: NIOBRARA , Order: 535-458 , Unit Acreage: 640, Drill Unit: 5. 25: ALL Casing: String Type: CONDUCTOR , Hole Size: 18, Size: 16, Top: 0, Depth: 77, Weight: 65 Cement: Sacks: 8, Top: 0, Bottom: 77, Method Grade: Casing: String Type: SURF , Hole Size: 12.25, Size: 9.625, Top: 0, Depth: 1400, Weight: 36 Cement: Sacks: 534, Top: 0, Bottom: 1400, Method Grade: Casing: String Type: 1ST , Hole Size: 8. 75, Size: 7, Top: 0, Depth: 6445, Weight: 23 Cement: Sacks: 575, Top: , Bottom: 6445, Method Grade: Casing: String Type: 1ST LINER , Hole Size: 6. 125, Size: 4.5, Top: 5713, Depth: 10697, Weight: 11 .6 Cement: Sacks: , Top: , Bot4om: , Method Grade: Wellbore Completed Completion Date: 7/26/2014 Measured TD: 10490 Measured PB depth: 10425 True Vertical TD: 6116 True Vertical PB depth: 6119 Top PZ Location : Sec: 25 Twp: 8N 60W Footage: 551 Fs� 1232 Fw� Depth Bottom Hole Location: Sec: 25 Twp: SN 60W Footages: 624 FN� 1224 Fv� Depth Log Types: MWD, CBL, DUAL INDUCTION ON (123-39442) Casing: String Type: CONDUCTOR , Hole Size: 18, Size: 16, Top: 0, Depth : 60, Weight: 36.9 Cement: Sacks: 8, Top: 0, Bottom: 60, Method Grade: VISU Casing : String Type: SURF , Hole Size: 12.25, Size: 9.625, Top: 0, Depth : 1487, Weight: 36 Cement: Sacks: 546, Top: 0, Bottom: 1487, Method Grade: VISU Casing: String Type: 1ST , Hole Size: 8.75, Size: 7, Top: 0, Depth: 6363, Weight: 23 Cement: Sacks: 586, Top: 22, Bottom: 6363, Method Grade: CBL Casing: String Type: 1ST LINER , Hole Size: 6. 125, Size: 4.5, Top: 5492, Depth : 10475, Weight: 11 .6 Cement: Sacks: , Top: , Bottom: , Method Grade: Formation Log Top Log Bottom Cored DSTs SHARON SPRINGS 6100 6268 N N NIOBRARA 6268 N N Completed information for formation NBRR Status: PR 9/11 /2014 1st Production Date: 9/12/2014 Choke Size: Status Date: 9/11 /2014 Open Hole Completion : Y Commingled : N Production Method : Formation Name: NIOBRARA Status: pR Formation Treatment Treatment Type: FRACTURE STIMULATION Treatment Date: 9/3/2014 Treatment End Date: 9/4/2014 Treatment summary: Fracture stimulated through a 14 stage port and packer system with 3,012,843 Ibs of sand and 45,929 bbls of fresh water. Total fluid used in trea4ment (bbls): 45929 Max pressure during ireatment (psi): 5396 Total gas used in treatment (mc�: Fluid density (Ibs/gal): 8.9 Type of gas: Number of staged intervals: 14 Total acid used in treatment (bbls): Min frac gradient (psi/ft): 0.9 Recycled water used in trea4ment (bbls): Total flowback volume recovered (bbls): 14697 Produced water used in treatment (bbls): 45929 Disposition method for flowback: DISPOSAL Total proppant used (Ibs): 3012843 Green completions techniques utilized: False Reason green techniques not utilized: PIPELINE Tubing Size: 2.375 Tubing Setting Depth : 5871 Tubing Packer Depth: Tubing Multiple Packer: Open Hole Top: Open Hole Bottom: Initial Test Data: Test Date: 9/11/2014 Test Method: http ://cogcc . state . co . us/cogis/FacilityDetail . asp ?facid= 12339440&type=WELL 12/ 15/2017 COGIS - WELL Information Page 2 of 2 Hours Tested: 24 Gas Type: Gas Disposal: Test Type Measure BBLS_H2O 904 BBLS OIL 50 CALC_BBLS_H2O 904 CALC BBLS_OlL 50 CASING_PRESS 230 GRAVITY_OIL 36 Pertoration Data: ° Interval Bottom: 10490 Interval Top: 6362 #of Holes: Hole Size: http://cogcc.state.co.us/cogis/FacilityDetail.asp?facid=12339440&type=WELL 12/15/2017 COUNTY ATTORNEY STAFF APPROVAL This is to affirm the attached Division Order and authorization to receive payment for an oil and gas well has been reviewed by the County Attorney's staff as to form and legal description. Well Name(s): Hemberger #1-25-8-60, Hemberger #3-25-8-60, Hemberger #4-25-8- 60, Hemberger #5-25-8-60 Hemberger #6-25-8-60 File Location(s): LE0290 BY�% � DATE: . v, Bru Barker - County Attorney NOTES: [160 mineral acres/ 640 acres spacing unit * 20% royalty interest] * 50% Lease mineral interest = 0.02500000 MATCH �a R R t Z O NADOA Model Form Division Order(Adopted 9/95) WELD COUNTY COLORADO Date: 11/16/2017 Description: Hember ef6-25-8-60 Effective Date: 09/01/2014 � � �� ' � �" Owner Name and Address WELD COUNTY COLORADO Owner Number: 047962 ATTN:CLERK TO THE BOARD Type Interest: Non Carrizo RI PO BOX 758 GREELEY,CO 80632 Decimal Interest: 0.02500000 Phone Number: 970-336-7204 FAX Number: 970-336-7233 Property Description Property: 3298.01 Hemberger 6-25-8-60 Operator: CARRIZO OIL&GAS, INC. Location: WeId,CO _ '�,Map Reference Information '�. Weld,CO US Township:008-N Range:060-W Section:25 Lot: �tr/Qtr: The undersigned certifies the ownership of the decimal interest in production proceeds as described payable by(Payor): Carrizo(Niobrara) LLC Payor shall be notified,in writing,of any change in ownership,decimal interest,or payment address. All such changes shall be effective the first day of the month following receipt of such notice. Payor is authorized to withhold payment pending resolution of a title dispute or adverse claim asserted regarding the interest in production claimed herein by the undersigned. The undersigned agrees to indemnify and reimburse Payor any amount attributable to an interest to which the undersigned is not entitled. Payor may accrue proceeds until the total amount equals$100.00,or as required by applicable state statute. This Division Order does not amend any lease or operating agreement between the undersigned and the lessee or operator or any other contracts for the purchase of oil or gas. In addition to ihe terms and conditions of this Division Order,the undersigned and Payor may have certain statutory rights under the laws of the state in which the property is located. Owner(s)Signature(s): � � SIGNATURE: � �I�, Owner(s)Printed Name: BOARD OF � C UNTY�M ION RS, CHAIR � ATTEST. "��'� , �° °'AN � � � 1861 Tit�e: CLERK O BO � BY: � DEPUTY CLERK T THE BOARD ��i� Owner(s)Tax I.D. Number(s): g� Weld County Government Owner(s)Daytime Phone#: 1150"O"Street Greeley,CO 80634 Owner(s)E-mail Address(es): Phone:970-336-7204 Fax:970-336-7233 Tax ID:84-6Q00-813 Cc�r1�e�(1�'�erc�A ��J , 0/l� ��l/ �018 �...�.OZq� Federal Law requires you to furnish your Social Security or Taxpayer ldentification Number. Failure to comply will result in 28%tax withholding and will not be refundable by Payor. ��✓l II TRACT TOTAL TRACT LEASE LEASE MINERAL OWNER NET UNIT UNIT PARTICIPATION UNIT TRACTS LSE NUMBER ROYALTY INTERSEST ROYALTY ACRES ACRES FACTOR UNIT NRI 4, �-�32," � UNLEASED (4024465) 0.185 100.000000% 0.185 1.21 640 0.00189063 0.00034977 NON-CRZO LEASE 2 ��J2�� (DOTO 3833589) 0.2 50.00% 0.1 160 640 0.25000000 0.02500000 0.02534977 ! . h BEATTY & WOZNIAK, P.C. ATTORNEYS AT LAW ZlE SIXTEENTH S'I'REET,SUITE I IOO CASPER DENVER,COLORADO 80202-5 1 1 5 TELePHoxE(303)407-4499 CHEYENNE FACstrvt►[.e(303)407-4494 www.bwenergylaw.com DENVER KYLE ALLEN* Snr.r LnxE CrrY DIRECT: (303)407-44$7 E-MAIL: KALLEN q�BWENERGYLAW.COM SANTA FE June 11, 2013 Carrizo Oil and Gas, Inc. 500 Dallas Street, Suite 2300 Dallas, TX 77002 Attn: Mr. Craig E. Wiest, CPL Re: Supplemental Drilling and Division Order Title Opinion Hemberger 25-44-8-60 Weld County, Colorado Our File No. 7520-0035 Dear Mr. W iest: Pursuant to your request, we have examined the materials listed below and based upon that information we submit this Supplemental Drilling and Division Order Title Opinion covering the following described lands: LANDS COVERED BY OPINION Township 8 North, Ran�e 60 West, 6th P.M. Section 25: All Weld County, Colorado Containing 640 acres, more or less MATERIALS EXAMINED l. Drilling and Division Order Title Opinion dated August 14, 2012 (the "Prior Opinion"), covering all of Seetion 25, Township $ North, Range 60 West, 6th P.1VI., Weld County, Colorado, prepared by Kyle Allen of Beatty & Wozniak, P.C. through its certification date of April 17, 2012. 2. Transcript of Title prepared by Ironhorse Resources, LLC covering the Subject Lands current to March 21, 2013, at 8:00 A.M. * Also licensed in Texas,Wyoming,and Montana. * � BEATTY&WOZNIAK,P.C. Carrizo Oil&Gas,Inc. Hemberger 25-44-8-60,7520-0035 June 11,2013 Page 2 3. Online records of the Colorado Oil and Gas Conservation Commission ("COGCC") at its website available at http://co cc.state.co.us/, last accessed on May 23, 2013. 4. Weld County Large-Tract Oil and Gas Lease dated Mareh 14, 2012, recorded March 22, 2012, at Reception No, 3833589, from Weld County, Colorado, to Baseline Minerals, Inc., covering the Northwest Quarter of Section 25, Township 8 North, Range 60 West, for a primary term of three (3) years. 5. Assignment, Bill of Sale and Conveyance dated March 19, 2012, recorded April 2, 2012, at Reception No. 3835855, from EOG Resources, Inc. to Noble Energy WYCO,LLC. 6. Affidavit for Property Held in Trust or Joint Venture for the Herbert Austin Living Trust dated May 15, 1998, recorded May 19, 1998, at Reception No. 2613651. 7. Affidavit for Property Held in Trust for the John R. and Lucille C. Duell Living Trust dated April 10, 2000, recorded April 17, 2000, at Reception No. 2762109. 8. Affidavit by Venture Charters Association, Inc. as the Trustee of Tiffany Company (Trust) dated November 5, 2010, recorded November 22, 2010, at Reception No. 3734030. 9. Letters Testamentary for the Estate of Ruth Pauline Duell, deceased, dated August 31, 2005, recorded October 26, 2010, at Reception No. 3727969. 10. Letters Testamentary for the Estate of Winefred H. Jacobs, deceased, dated September 12, 2011, recorded October 3, 2011, at Reception No. 3796379. 11. Last Will and Testament of Walter E. Houston dated June 22, 1956, recorded June 27, 1968, at Reception No. 1518044, Logan County, Colorado. 12. Probate file for the Estate of Leon H. Snyder, deceased, filed in the District Court, El Paso County, Colorado, October 12, 1973, recorded July 28, 1982, at Reception No. 1898881. 13. Last Will and Testament of Frances H. Miller dated October 9, 1990, recorded October 4, 1991, at Reception No. 2265250. 14. Certificate of Death for Frances Hanna Miller dated April 15, 1991, recorded October 4, 1991, at Reception No. 2265251. 15. Affidavit of Heirship of Frances H. Miller dated September 20, 1991, recorded November 4, 1991, at Reception No. 2268217. l j BEATTY&WOZNiAK,P.C. Carrizo Oil&Gas,Inc. Hemberger 25-44-8-60,7520-0035 June 1 l,2013 Page 7 LESS, TO THE POINT OF BEGINNING, CONTAINING 4.684 ACRES, MORE OR LESS.5 Tract 3B Owner Interest State Department of Highways, Division of Highways, State 100.000000% of Colorado Total 100.000000% Tract 4 Owner Interest Weld County, Colorado 100.000000% Total 100.000000% OIL, GAS AND OTHER MINERALS Tract 1 Owner Interest Lease No. Centennial Mineral Holdings, LLC6 27.462121% 1, 2, 5, 7, 8, 10 Herbert H. Duell 8.238636% 4 John R. Duell and Lucille C. Duell, Trustees, or their 8.238636% 6 successors in trust, under the John R. and Lucille C. Duell Living Trust dated April 10, 2000 Cozzens Living Trust dated August 25, 2011 8.238636% 3 LHB Ventures, LLC' 8.238636% 21 Cynthia Marie Spurlock� 4.119318% 3 5 More particularly described in that certain Warranty Deed dated September 4, 1980,recorded October 24, 1990, at Reception No. 1839730, from the George A. Doll Trust, Paul F. Hnizdil and Shirley A. Hnizdil, to the State Department of Highways,Division of Highways,State of Colorado. 6 See Comment and Requirement No. 12. ' See Comment and Requirement No.3. $ See Comment and Requirement Nos. 8 and 38. 9 � BEATTY&WOZIVIAK,P.C. Carrizo Oil&Gas,Inc. Hemberger 25-44-8-60,7520-0035 June 11,2013 Page 9 Tract 1 Owner Interest Lease No. Rodella Minerals, LLC19 1.235795% 20 STA, LLC2° 1.235795% 20 The Scottish Rite Foundation21 0.976563% 22 TOTAL: 100.000000% Tract 2 Owner Interest Lea_ se No: Weld County, Colorado 50.000000% 19 Darra D.Fuqua22 12.500000% 15 Carol A. Sne1123 12.500000% 16 Mary A. Chrismer24 12.500000% 17 Sally K. Bockius25 12.500000% 18 TOTAL: 100.000000% Tract 3 Owner Interest Lease No. Estate of Minnie A. Houston, deceased26 100.000000% Unleased TOTAL: 100.000000% 19 See Comment and Requirement No.37. 2° See Comment and Requirement No.37. 21 Being the E/2SE4 of the Subject Lands. ZZ See Comment and Requirement No.7. Z3 See Comment and Requirement No.7. Z4 See Comment and Requirement No.7. 25 See Comment and ReGuirement No.7. zb See Comment and Requirement No.4. BEATTY&WOZ1vIAK,P.C. Carrizo Oil&Gas,Inc. Hemberger 25-44-8-60,7520-0035 June 11,2013 Page 10 Tract 4 Owner Interest Lease No. Weld County, ColoradoZ� 100.000000% Unleased TOTAL: 100.000000% OIL AND GAS LEASEHOLD Tract 1 Working Net Revenue Lease Owner Interest Interest Tvpe No. Carrizo (Niobrara) LLC28 57.304697% 45.602085% WI 1 - 14, 20- (100%WI x 34.602278%MI x 55%NRI OGL 1-2, 22 4-12,20)+ (100%WI x 14.829548%MI x 87.5%NRI OGL 3)+ (100%WI x 4.943183%MI x 80%NRI OGL 21)+ (100%WI x 2.929688%MI x 82.5%NRI OGL 13, 14,22)- (100%WI x 34.602278% MI x 5%ORRI OGL 1- 2,4-12,20)- (100%WI x 14.829548%MI x 7.5%ORRI OGL 3)- (100%WI x 7.872871%MI x 4%ORRI OGL 13, 14,21,22) Oil India(USA) Inc.zy 19.101563% 15.200693% WI 1 - 14,20- (100%WI x 11.534091%MI x 85%NRI OGL 1-2, 22 4-12,20)+ (100%WI x 4.943182%MI x 87.5%NRI OGL 3) + (100%WI x 1.647727%MI x 80%NRI OGL 21)+ (100%WI x 0.976563%MI x 82.5%NRI OGL 13, 14, 22� (100%WI x 11.534091% MI x 5%ORRI OGL 1- 2,4-12,20)- (100%WI x 4.943182%MI x 7.5%ORRI OGL 3)- (100%WI x 2.624290%MI x 4%ORRI OGL 13, 14,21,22) 27 See Comment and Reyuirement No. 3. 28 See Comment and Requirement Nos.37 and 38. 29 See Comment and Requirement Nos.37 and 38. BEATTY&WOZNIAK,P.C. Carrizo Oil&Gas,Inc. Hemberger 25-44-8-60,7520-0035 June 11,2013 Page 15 Tract 2 Working Net Revenue Lease Owner Interest Interest Tvpe No. Ward Energy, L.L.C. 1.040000% ORRI 15- 18 (80%WI x 50%MI x 2.60%ORRI) Weld County, Colorado 10.000000% LOR 19 (50%MI x 20%LOR) Dara D. Fuqua 2.083333% LOR 15 (12.5%Ml x 16.666667%LOR) Carol A. Snell 2.083333% LOR 16 (12.5%MI x 16.666667%LOR) Mary A. Chrismer 2.083333% LOR 17 (12.5%MI x 16.666667%LOR) Sally K. Bockius 2.083333% LOR 18 (12.5%MI x 16.666667%LOR) TOTAL: 100.000000% 100.000000% Tract 3 Working Net Revenue Lease Owner Interest Interest Tvne No. Estate of Minnie A. Houston, deceased45 100.000000% 100.000000% UMI Unleased (100%Unleased MI) TOTAL: 100.000000% 100.000000% Tract 4 Working Net Revenue Lease Owner Interest Interest Tvpe No. Weld County, Colorado46 100.000000% 100.000000%o UMI Unleased as See Comment and Requirement No.4. 46 See Comment and Requirement No.3. BEATTY 8t WOZNIAK,P.C. Carrizo Oil&Gas,Inc. Hemberger 25-44-8-60,7520-0035 June 11,2013 Page 16 Tract 4 Working Net Revenue Lease Owner Interest Interest Tvpe No. (100%Unleased MI) TOTAL: 100.000000% 100.000000% DIVISION OF INTEREST AND DISTRIBUTION OF THE PROCEEDS OF PRODUCTION FROM THE WELL(S) LOCATED IN THE SPACING UNIT COMPRISED OF ALL OF SECTION 25,TOWNSHIP 8 NORTH,RANGE 60 WEST, 6TH P.M. The total proceeds of production from the subject spacing unit has been apportioned in our Division of Interest according to each tract participation factor("PF"), as follows: Tract No. Participation Calculation Factor Tract 1: 0.50000000 320.00 Acres/640.00 Acres Tract 2: 0.25000000 160.00 Acres/640.00 Acres Tract 3: 0.24810938 158.79 Acres/640.00 Acres Tract 4t 0.00189062 1.21 Acres/640.00 Acres DIVISION OF INTEREST Working Net Revenue Interest Owner Interest Interest Tvpe Carrizo (Niobrara) LLC 0.28652348 0.22801042 WI Tract 1 (0.57304697 WI x 0.50000000 PF) [OGL 1-14,20-22] Tract 1 (0.45602085 NRI x 0.50000000 PF) Nobel Energy, Inc. 0.12500000 0.10000000 WI Tract 2(0.50000000 WI x 0.25000000 PF) [OGL 19] Tract 2(0.40000000 NRI x 0.25000000 PF) BEATTY&WOZNIAK,P.C. Carrizo Oil&Gas,Inc. I-Iemberger 25-44-8-60,7520-0035 June 11,2013 Page 17 Working Net Revenue Interest Owner Interest Interest Tvpe Ward Petroleum Corporation 0.10000000 0.08073334 WI Tract 2(0.40000000 Wl x 0.25000000 PF) [OGL 15-18] Tract 2(0.32293334 NRI x 0.25000000 PF) Oil India(USA) Inc. 0.09550781 0.07600347 WI Tract 1 (0.19101563 WI x 0.50000000 PF) [OGL 1-14,20-22] Tract 1 (0.15200693NRI x 0.50000000 PF) IOCL (USA) Inc. 0.04775391 0.03800173 WI Tract i (0.09550781 WI x 0.50000000 PF) [OGL 1-14,20-22] Tract 1 (0.07600346 NRI x 0.50000000 PF) Haimo Oil &Gas LLC 0.04775386 0.03800169 WI Tract 1 (0.09550771 WI x 0.50000000 PF) [OGL 1-14,20-22] Tract 1 (0.07600339 NRI x 0.50000000 PF) SKV, LLC 0.02500000 0.02083334 WI Tract 2(0.10000000 WI x 0.25000000 PF) [OGL 15-18] Tract 2(0.08333334 NRI x 0.25000000 PF) Estate of Minnie A. Houston, deceased 0.24810938 0.24810938 UMI Tract 3 (1.0000000 WIMRI x 0.24810938 PF) [UMI] The Scottish Rite Foundation47 0.01464844 0.01464844 UMI Tract 1 (0.02929688 WI/NRI x 0.50000000 PF) [UMI] The Betty B. Ladmer Trust Dated November 4, 19974� 0.00781250 0.00781250 UMI Tract 1 (0.01562500 WI/NRI x 0.50000000 PF)[UMI] Weld County, Colorado49 0.00189062 0.00189062 UMI Tract 4(1,00000000 WI/NRI x 0.00189062 PF)[UMI] 47 Being the SW/4 and the W/2SE/4 of the Subject Lands. 48 See Comment and Requirement No.35. 49 See Comment and Requirement No.3 regarding Tract 4. . ✓ :: s .. .. .: . .� i f'/r/�r:. � ni �: i . f / y f"�/ / � . . / r'� l / f' � / ./ . ✓ I`� /� JjF _ cE3 x.c._��s.m.�:. �`/ f J ! I'� / / l, % J � �` j` ,. f .� / F,/` - / � f , �. -�_=b� a R R e z or� 'fr�'�/J'�!!�Jr " � �i ��// '� '�// �� / fj/ r ?3 �-�;- ; ; ,�'��` ��j,�/f�,,,�/�,/,,'/ 3� 19 , f ,- ,/ , "�,.' � �,, f/ /. ,� � ,�' f / �s. 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COA �l` Wellbore �-� Orders Surface Location Data for API # 05-123-39441 Status: PR 9/11 /2014 Well Name/No: HEMBERGER #6-25-S-60 (click well name for production) Ooerator: CARRIZO NIOBRARA LLC - 10439 Status Date: 9/11 /2014 Federal or State Lease #: Facility I D: 437192 Location I D: 437190 County: WELD #123 Location: SWSW 25 BN60W 6 PM Field : DJ HORIZONTAL NIOBRARA - #16950 Elevation: 4,909 ft. Planned Location 402 Fs� 851 Fwt LaULong: 40.62727/-104.04636 LaULong Source: Field Measured As Drilled Location Footages Not Available LaULong : 40.62727/-104.04636 LaULong Source: Field Measured � _ �� Job Date: 9/2/2014 � � Job End Date: 9/3/2014 Reported: 9/16/2014 Days to report: 13 Chemical Disclosure Reqistry Wellbore Data for Sidetrack #00 Status: PR 9/11 /2014 Spud Date: 7/8/2014 Spud Date is: ACTUAL Wellbore Permit HORIZONTAL Permit #: Expiration Date: 5/14/2016 8:58: 19 PM Prop Depth/Form: 10720 Surtace Mineral Owner Same: Mineral Owner: FEE Surface Owner: FEE Unit: Unit Number: Formation and Spacing : Code: NBRR , Formation: NIOBRARA , Order: 535-458 , Unit Acreage: 640, Drill Unit: S. 25: ALL Casing: S4ring Type: CONDUCTOR , Hole Size: 18, Size: 16, Top: 0, Depth: 77, Weight: 65 Cement: Sacks: 8, Top: 0, Bottom: 77, Method Grade: Casing : String Type: SURF , Hole Size: 1225, Size: 9.625, Top: 0, Depth: 1400, Weight: 36 Cement: Sacks: 534, Top: 0, Bottom: 1400, Method Grade: Casing: String Type: 1ST , Hole Size: 8.75, Size: 7, Top: 0, Depth: 6469, Weight: 23 Cement: Sacks: 582, Top: , Bottom: 6469, Method Grade: Casing : String Type: 1ST LINER , Hole Size: 6. 125, Size: 4.5, Top: 5737, Depth: 10720, Weight: 11 .6 Cement: Sacks: , Top: , Bottom: , Method Grade: Wellbore Completed Completion Date: 7/17/2014 Measured TD: 10616 Measured PB depth: 10551 True Vertical TD: 6220 True Vertical PB depth : 6220 Top PZ Location : Sec: 25 Twp: 8N 60W Footage: 448 Fs� 1523 Fwt Depth Bottom Hole Location: Sec: 25 Twp: 8N 60W Footages: 651 FN� 1536 Fvv� Depth Log Types: MWD, CBL, DUAL INDUCTION LOG RAN (12339442) Casing: String Type: CONDUCTOR , Hole Size: 18, Size: 16, Top: 0, Depth : 60, Weight: 36.9 Cement: Sacks: 8, Top: 0, Bottom: 60, Method Grade: VISU Casing: String Type: SURF , Hole Size: 1225, Size: 9.625, Top: 0, Depth: 1478, Weight: 36 Cement: Sacks: 546, Top: 0, Bottom: 1478, Method Grade: VISU Casing: String Type: 1 ST , Hole Size: 8.75, Size: 7, Top: 0, Depth: 6411 , Weight: 23 Cement: Sacks: 579, Top: 415, Bottom: 641 t , Method Grade: CBL Casing : String Type: 1 ST LINER , Hole Size: 6. 125, Size: 4.5, Top: 5590, Depth: 10601 , Weight: 11 .6 Cement: Sacks: , Top: , Bottom: , Method Grade: Formation Log Top Log Bottom Cored DSTs SHARON SPRINGS 6084 6200 N N NIOBRARA 6200 N N Completed information for formation NBRR Status: PR 9/11 /2014 tst Production Date: 9/12/2014 Choke Size: Status Date: 9/11 /2014 Open Hole Completion: Y Commingled: N Production Method: Forma4ion Name: NIOBRARA Sta4us: PR Formation Treatment Treatment Type: FRACTURE STIMULATION Treatment Date: 9/2/2014 Treatment End Date: 9/3/2014 Treatment summary: Fracture stimulated through a 15 stage port and packer system with 3,229,583 Ibs of sand and 49,705 bbls of fresh water. Totai fluid used in treatment (bbls) : 49705 Max pressure during treatment (psi): 6036 Total gas used in treatment (mc�: Fluid density (Ibs/gal): 8.9 Type of gas: Number of staged intervals: 15 Total acid used in treatment (bbls): Min frac gradient (psi/ft): 0.86 Recycled water used in treatment (bbls): Total flowback volume recovered (bbls): 15906 Produced water used in treatment (bbls): 49705 Disposition method for flowback: DISPOSAL Total proppant used (16s): 3229583 Green completions techniques utilized: False Reason green techniques not utilized : PIPELINE Tubing Size: 2.375 Tubing Setting Depth : 6000 Tubing Packer Depth : Tubing Multiple Packer: Open Hole Top: Open Hole Bottom: Initial Test Data: Tes4 Date: 9/11/2014 Test Method' http ://cogcc . state . co . us/cogis/FacilityDetail .asp?facid= 12339441 &type=WELL 12/ 15/2017 COGIS - WELL Information Page 2 of 2 Hours Tested: 24 Gas Type: Gas Disposal: Test Type Measure BBLS_H2O 840 BBLS_OIL 13 CALC_BBLS_H2O 840 CALC_BBLS OIL 13 CASING_PRESS 121 GRAVITY_OIL 36 Pertoration Data: Interval Bottom: 10601 Interval Top: 6411 #of Holes: Hole Size: , http:Ucogcc.state.co.us/cogis/FacilityDetail.asp?facid=12339441&type=WELL 12/15/2017 COUNTY ATTORNEY STAFF APPROVAL This is to affirm the attached Division Order and authorization to receive payment for an oil and gas well has been reviewed by the County Attorney's staff as to form and legal description. Well Name(s): Hemberger #1-25-8-60, Hemberger #3-25-8-60, Hemberger #4-25-8- 60, Hemberger #5-25-8-60 Hemberger #6-25-8-60 File Location(s): LE0290 .i� BY� �- � DATE: - . v., Bru Barker - County Attorney NOTES: [160 mineral acres/ 640 acres spacing unit * 20% royalty interest] " 50% Lease mineral interest = 0.02500000 MATCH Hello