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Home My WebLink About20161415.tiff Encana Oil&Gas (USA) Inc. RECEIVED 370 17th Street,Suite 1700 Denver, CO 80202 MAR 2 8 2016 Owner: 2101560 Weld County C/O Board of County Comm QRA Check Number: 1772398 WELD COUNTY Owner Relations Check Date: 03/20/2016 COMMISSIONERS Phone:' 1 (866)917-3700 Check Amount: $4,001.34 �CUp], � ��1 � E-mail: encanasupport@pdsei.com ((L I. j, Legend Product Codes(PC) Interest Types(Int Type) Tax Type Codes Deduct Codes(Ded Cd) 100-Oil(bbl) NM-Non-Prtp Mineral Int PP-Production Payment AV-Ad Valorem 01-Compression 15-High Pressure Gath 25-Production Tax Interest 200-Gas(mcf) NP-Net Profit Int RI-Royalty Interest AV1-Ad Valorem True-up 02-Dehydration 16-Low Pressure Gath 26-Lease Use 300-Condensate(bbl) NR-Non-Prtp Royatty Int RM-Royalty-Miller CN-Conservation Tax 03-Processing 19-Marketing 27-Processing Fuel 400-Plant Products(bbl) OM-Overriding Royalty-Miller RO-Royalty Opt-Out FE-Environmental Tax(Gas) 04-Treating 20-Shrink 29-Cond/Oil Transportation 600-Helium OO-Overriding Royalty-Opt Out RS-Royalty-Settlement MT-Oil and Gas Maintenance Charge 05-Transportation Fuel 21-Transportation(EMUS) 30-High Pressure Gath DRP-Drip Condensate OR-Overriding Royalty SR-State Royalty PR-Production Tax 10-Other 22-Transportation (Jonah) (bbl) OS-Overriding Royalty-Settlement UL-Unleased LA Mineral Int ES/SCH-School Tax 11-Gathering (Non-EMUS) OR-Oil Restoration/ OU-Overriding Royalty-Unit Alloc UM-Unleased Mineral Int ST-Shoshone Indians Tribal Sev Tax 13-Compressor Fuel 23-Piceance Creek Pipeline Processors Tax OV-Reversionary Override UR-Unleased Royalty Int SV-Severance Tax 14-Compressor Fuel-Other 24-Plant Thermal Reduction WI-Working Interest Well Property Name PC Entitlement SOD MCF Avg Wh MMBTU Well Gross Well Gross Well Sev Tax Well Ded Well Net Value Number Decimal Price Price Vol(mc1) Value$ Tax$ Type Cd Deducts$ Cd $ Sales Count Int State MMBTU BTU Factor Owner Vol Owner Gross Owner Sev Owner Owner Net Value Date y Type Avg Price (mcf) Value$ Tax$ Deducts$ $ 15435 GURTLER 12-30(C) 200 0.0072634900 2.16 38.80 34.92 75.48 12.91 03 62.57 01/01/2016 Weld RM CO 1.95 1.111 1.42 3.06 0.52 2.54 15435 GURTLER 12-30(C) 400 0.0072634900 12.46 0.00 2.85 35.52 35.52 01/01/2016 Weld RM CO 0.00 0.000 0.12 1.44 1.44 15435-GURTLER 12-30(C)Subtotal: 4.50 0.00 0.52 3.98 40811 ELMQUIST 21-23(J) 200 0.0003859375 2.16 27.51 24.76 53.52 9.11 03 44.41 01/01/2016 Weld RM CO 1.95 1.111 0.06 0.10 0.02 0.08 40811 ELMQUIST 21-23(J) 300 0.0003859375 24.05 0.00 4.21 101.27 101.27 01/01/2016 Weld RM CO 0.00 0.000 0.00 0.04 0.04 40811 ELMQUIST 21-23(J) 400 0.0003859375 12.43 0.00 2.08 25.85 25.85 01/01/2016 Weld RM CO 0.00 0.000 0.00 0.06 0.06 40811-ELMQUIST 21-23(J)Subtotal: 0.20 0.00 0.02 0.18 43018 STARKS 23-30(J) 200 0.0072634900 2.16 69.60 62.65 135.42 23.17 03 112.25 01/01/2016 Weld RM CO .1.95 1.111 2.09 4.52 0.77 3.75 43018 STARKS 23-30(J) 300 0.0072634900 24.06 0.00 1.03 24.78 24.78 01/01/2016 Weld RM CO 0.00 0.000 0.01 0.18 0.18 43018 STARKS 23-30(J) 400 0.0072634900 12.48 0.00 4.47 55.77 55.77 01/01/2016 Weld RM CO 0.00 0.000 0.15 1.86 1.86 43018-STARKS 23-30(J)Subtotal: 6.56 0.00 0.77 5.79 43019 STARKS 24-30(J) 200 0.0072634900 2.16 81.84 73.66 159.21 27.24 03 131.97 01/01/2016 Weld RM CO 1.95 1.111 2.46 5.32 0.91 4.41 43019 STARKS 24-30(J) 300 0.0072634900 24.05 0.00 2.04 49.07 49.07 01/01/2016 Weld RM CO 0.00 0.000 0.01 0.36 0.36 43019 STARKS 24-30(J) 400 0.0072634900 12.49 0.0C 5.25 65.57 65.57 01/01/2016 Weld RM CO 0.00 0.000 0.18 2.19 2.19 43019-STARKS 24-30(J)Subtotal: 7.87 0.00 0.91 6.96 43151 ELMQUIST 12-23(C) 200 0.0007718700 2.16 71.65 64.53 139.48 24.76 03 114.72 01/01/2016 Weld RM CO 1.95 1.111 0.28 0.60 0.11 0.49 43151 ELMQUIST 12-23(C) 300 0.0007718700 24.06 0.00 124.54 2,995.90 2,995.90 01/01/2016 Weld RM CO 0.00 0.000 0.10 2.31 2.31 43151 ELMQUIST 12-23(C) 400 0.0007718700 13.61 0.00 8.80 119.79 119.79 01/01/2016 Weld RM CO 0.00 5.00C 0.04 0.51 0.51 43151-ELMQUIST 12-23(C)Subtotal: 3.42 0.00 0.11 3.31 43152 ELMQUIST 12-23(N) 200 0.0007718700 2.16 71.69 64.53 139.48 24.76 03 114.72 01/01/2016 Weld RM CO 1.95 1.111 0.28 0.60 0.11 0,49 43152 ELMQUIST 12-23(N) 300 0.0007718700 24.06 0.00 124.51 2,995.18 2,995.18 01/01/2016 Weld RM CO 0.00 0.000 0.10 2.31 2.31 43152 ELMQUIST 12-23(N) 400 0.0007718700 13.61 0.00 8.80 119.79 119.79 01/01/2016 Weld RM CO 0.00 0.000 0.04 0.51 0.51 43152-ELMQUIST 12-23(N)Subtotal: 3.42 0.00 0.11 3.31 43473 ELMQUIST 1(C) 200 0.0007718700 2.16 41.43 37.29 80,60 1371 03 66.89 01/01/2016 Weld RM CO 1.95 1.111 0.16 0.34 0.06 0.28 43473 ELMQUIST 1(C) 300 0.0007718700 24.06 0.0C 33.59 808.03 808.03 01/01/2016 Weld RM CO 0.00 0.000 0.03 0.62 0.62 2016-1415 1ge 1 Owner: 2101560 Weld County C/O Board of County Comm QRA Check Number: 1772398 Owner Relations Check Date: 03/20/2016 Phone: 1 (866)917-3700 Check Amount: $4,001.34 E-mail: encanasupport@pdsei.com Well Name PC Entitlement SOD MCF Avg Wh MMBTU Well Gross Well Gross Well Sev Tax Well Ded Well Net Value Property N Number Decimal Price Price Vol(mcf) Value$ Tax$ Type Cd Deducts$ Cd $ Sales Count Int State MMBTU BTU Factor Owner Vol Owner Gross Owner Sev Owner Owner Net Value Date y Type Avg Price (met) Value$ Tax$ Deducts$ $ 43473 ELMQUIST 1(C) 400 0.0007718700 12.43 0.00 3.13 38.92 38.92 01/01/2016 Weld RM CO 0.00 0.000 0.01 0.17 0.17 43473-ELMQUIST 1(C)Subtotal: 1.13 0.00 0.06 1.07 43474 ELMQUIST 1(N) 200 0.0007718700 2.16 41.43 37.29 80.60 13.71 03 66.89 01/01/2016 Weld RM CO 1.95 1.111 0.16 0.34 0.06 0.28 43474 ELMQUIST 1(N) 300 0.0007718700 24.06 0.0C 33.61 808.51 808.51 01/01/2016 Weld RM CO 0.00 0.000 0.03 0.62 0.62 43474 ELMQUIST 1(N) 400 0.0007718700 12.43 0.00 3.13 38.92 38.92 01/01/2016 Weld RM CO 0.00 0.000 0.01 0.17 0.17 43474-ELMQUIST 1(N)Subtotal: 1.13 O00 0.06 1.07 46695 HALEY 8-2-22(J) 200 0.0007718700 2.16 65.85 59.27 128.12 21.33 03 106.79 01/01/2016 Weld RM CO 1.95 1.111 0.26 0.56 0.10 046 46695 HALEY 8-2-22(J) 300 0.0007718700 24.05 0.00 4.03 96.94 96.94 01/01/2016 Weld RM - CO 0.00 0.000 0.00 0.08 0.08 46695 HALEY 8-2-22(J) 400 0.0007718700 11.09 0.00 4.17 46.26 46.26 01/01/2016 Weld RM CO 0.00 0.000 0.02 0.20 0.20 46695-HALEY 8-2-22(J)Subtotal: 0.84 0.00 0.10 0.74 46697 HALEY 8-4-22(J) 200 0.0003070300 2.16 56.42 50.78 109.76 18.73 03 91.03 01/01/2016 Weld RM CO 1.95 1.111 0.10 0.20 0.04 0.16 46697 HALEY 8-4-22(J) 300 0.0003070300 24.06 0.00 3.53 84.92 84.92 01/01/2016 Weld RM CO 0.00 0.000 0.00 0.02 0.02 46697 HALEY 8-4-22(J) 400 0.0003070300 13.00 0.00 4.29 55.78 55.78 01/01/2016 Weld RM CO 0.00 0.000 0.00 0.10 0.10 46697-HALEY 8-4-22(J)Subtotal: 0.32 0.00 0.04 0.28 48519 STARKS 23-30(C) 200 0.0072634900 2.16 11276 101.49 219.38 37.54 03 181.84 01/01/2016 Weld RM CO 1.95 1.111 3.39 7.33 1.25 6.08 48519 STARKS 23-30(C) 300 0.0072634900 24.06 0.00 61.00 1,467.40 1,467.40 01/01/2016 Weld RM CO 0.00 0.000 0.44 10.66 1066 48519 STARKS 23-30(C) 400 0.0072634900 12.48 0.00 7.24 90,37 90.37 01/01/2016 Weld RM CO 0.00 0.000 0.24 3.02 3.02 48519-STARKS 23-30(C)Subtotal: 21.01 0.00 1.25 19.76 48523 STARKS 24-30(C) 200 0.0072634900 2.16 126.42 113.79 245.97 42.09 03 203.88 01/01/2016 Weld RM CO 1.95 1.111 3.80 8.21 1,41 6.80 48523 STARKS 24-30(C) 300 0.0072634900 24.06 0.00 87.42 2,102.95 2,102.95 01/01/2016 Weld RM CO 0.00 0.000 063 15.27 15.27 48523 STARKS 24-30(C) 400 0.0072634900 12.49 0.00 8.11 101.31 101.31 01/01/2016 Weld RM CO 0.00 0.000 0.27 3.38 3.38 48523-STARKS 24-30(C)Subtotal: 26.86 0.00 1.41 25.45 53946 GURTLER 12-30(N) 200 0.0072634900 2.16 20.18 18.16 39.26 6.71 03 32.55 01/01/2016 Weld RM CO 1.95 1.111 0.61 1.31 0.22 1.09 53946 GURTLER 12-30(N) 400 0.0072634900 12.49 0.00 1.48 18.48 18.48 01/01/2016 Weld RM CO 0.00 0.000 0.05 0.62 0.62 53946-GURTLER 12-30(N)Subtotal: 1.93 0.00 0.22 1.71 55965 HALEY 8-2-22(C) 200 0.0007718700 2.16 121.95 109.77 237.27 39.50 03 197.77 01/01/2016 Weld RM CO 1.95 1.111 0.52 1.12 0.18 0.94 55965 HALEY 8-2-22(C) 300 0.0007718700 24.06 0.0C 59.22 1,424.58 1,424.58 01/01/2016 Weld RM CO 0.00 0.000 0.04 1.10 1.10 55965 HALEY 8-2-22(C) 400 0.0007718700 11.10 0.00 7.72 85.68 85.68 01/01/2016 Weld RM CO 0.00 0.000 0.04 0.40 0.40 55965-HALEY 8-2-22(C)Subtotal: 2.62 0.00 0.18 2.44 55966 HALEY 8-2-22(N) 200 0.0007718700 2.16 121.95 109.77, 237.27 39,50 03 197,77 01/01/2016 Weld RM CO 1.95 1.111 0.52 1.12 0.18 0.94 55966 HALEY 8-2-22(N) 300 0.0007718700 24.06 0.00 59.21 1,424.34 1,424.34 01/01/2016 Weld RM CO 0O0 0.000 0.04 1.10 1.10 55966 HALEY 8-2-22(N) 400 0.0007718700 11.10 0.00 7.72 85.68 85.68 01/01/2016 Weld RM CO 0.00 0.000 0.04 0.40 0.40 55966-HALEY 8-2-22(N)Subtotal: 2.62 0.00 0.18 2.44 Page 2 Owner: 2101560 Weld County C/O Board of County Comm QRA Check Number: 1772398 Owner Relations Check Date: 03/20/2016 Phone: 1 (866)917-3700 Check Amount: $4,001.34 E-mail: encanasupport@pdsei.com Well Property Name PC Entitlement SOD MCF Avg Wh MMBTU Well Gross Well Gross Well Sev Tax Well Ded Well Net Value Number Decimal Price Price Vol(me) Value$ Tax$ ,Type Cd Deducts$ Cd $ Sales County Int State MMBTU BTU Factor Owner Vol Owner Gross Owner Sev Owner Owner Net Value Date Type Avg Price (mcf) Value$ Tax$ Deducts$ $ 55983 HALEY 8-4-22(C) 200 0.0003070300 2.16 10673 96.07 207.67 35.44 03 172.23 01/01/2016 Weld RM CO 1.95 1.111 0.18 0.40 0.06 0.34 55983 HALEY 8-4-22(C) 300 0.0003070300 24.06 0.00 52.24 1,256.67 1,256.67 01/01/2016 Weld RM CO 0.00 0.000 0.02 0.38 0.38 55983 HALEY 8-4-22(C) 400 0.0003070300 13.01 0.00 8.11 105.53 105.53 01/01/2016 Weld RM CO 0.00 0.000 0.02 0.20 0.20 55983-HALEY 8-4-22(C)Subtotal: 0.98 0.00 0.06 0.92 55985 HALEY 8-4-22(N) 200 0.0003070300 2.16 120.10 108.10 233.66 39.88 03 193.78 01/01/2016 Weld RM CO 1.95 1.111 0.22 0.46 0.08 0.38 55985 HALEY 8-4-22(N) 300 0.0003070300 24.06 0.00 52.24 1,256.67 1,256.67 01/01/2016 Weld RM CO 0.00 0.000 0.02 0.38 0.38 55985 HALEY 8-4-22(N) 400 0.0003070300 13.01 0.00 9.13 118.75 118,75 01/01/2016 Weld RM CO 0.00 0.000 0.02 0.24 0.24 55985-HALEY 8-4-22(N)Subtotal: 1.08 0.00 0.08 1.00 57080 ELMQUIST 2-4-23(J) 200 0.0003859375 2.16 25.96 23.37 50.52 8.59 03 41.93 01/01/2016 Weld RM CO 1.95 1.111 0.04 0.10 0.02 0.08 57080 ELMQUIST 2-4-23(J) 300 0.0003859375 24.06 0.00 4.16 100.07 100.07 01/01/2016 Weld RM CO 0.00 0.000 0.00 0.04 - 0.04 57080 ELMQUIST 2-4-23(J) 400 0.0003859375 12.44 0.00 1.96 24.38 24.38 01/01/2016 Weld RM CO 0.00 0.000 0.00 0.04 0.04 57080-ELMQUIST 2-4-23(J)Subtotal: 0.18 0.00 0.02 0.16 64400 GURTLER 2A-30H(N) 200 0.0048401882 2.16 1,003.10 902.88 1,951.60 337.21 03 1,614.39 01/01/2016 Weld RM CO 1.95 1.111 35.52 76.78 13.26 63.52 64400 GURTLER 2A-30H(N) 300 0.0048401882 24.06 0.00 1,907.21 45,879.27 45,879.27 01/01/2016 Weld RM CO 0.00 0.000 9.24 222.06 222.06 64400 GURTLER 2A-30H(N) 400 0.0048401882 12.88 0.0C 87.48 1,126,82 1,126.82 01/01/2016 Weld RM CO 0.00 0.000 3.44 44,32 44.32 64400-GURTLER 2A-30H(N)Subtotal: 343.16 0.00 13.26 329.90 67263 ELMQUIST 2-4-23(C) 200 0.0003054688 2.16 110.54 99.50 215.08 36.59 03 178.49 01/01/2016 Weld RM CO 1.95 1.111 0.16 0.36 0.06 0.30 67263 ELMQUIST 2-4-23(C) 300 0.0003054688 24.06 0.00 61.34 1,475.58 1,475.58 01/01/2016 Weld RM CO 0.00 0.000 0.02 0.46 0.46 67263 ELMQUIST 2-4-23(C) 400 0.0003054688 12.43 0.0C 8.35 103,82 103.82 01/01/2016 Weld RM CO 0.00 0.000 0.02 0.18 0.18 67263-ELMQUIST 2-4-23(C)Subtotal: 1.00 0.00 0.06 0.94 67264 ELMQUIST 2-4-23(N) 200 0.0003054688 2.16 110.54 99.50 215,08 36.59 03 178.49 01/01/2016 Weld RM CO 1.95 1.111 0.16 0.36 0.06 0.30 67264 ELMQUIST 2-4-23(N) 300 0.0003054688 24.06 0.00 61.33 1,475.34 1,475.34 01/01/2016 Weld RM CO 0.00 0.000 0.02 0.46 0.46 67264 ELMQUIST 2-4-23(N) 400 0.0003054688 12.43 0.00 8.35 103.82 103.82 01/01/2016 Weld RM CO 0.00 0.000 0.02 0.18 0.18 67264-ELMQUIST 2-4-23(N)Subtotal: 1.00 0.00 0.06 0.94 68144 ELMQUIST21-23(C) 200 0.0007718700 2.16 116.98 105.29 227.59 38.72 03 188.87 01/01/2016 Weld RM CO 1.95 1.111 0.44 0.98 0,16 0.82 68144 ELMQUIST 21-23(C) 300 0.0007718700 24.06 0.0C 61.75 1,485.44 1,485.44 01/01/2016 Weld RM CO 0.00 0.000 0.04 1.14 1.14 68144 ELMQUIST21-23(C) 400 0.0007718700 12.44 0.00 8.83 109.84 109.84 01/01/2016 Weld RM CO 0.00 0.000 0.04 0.46 0.46 68144-ELMQUIST 21-23(C)Subtotal: 2.58 0.00 0.16 2.42 68145 ELMQUIST 21-23(N) 200 0.0007718700 2.16 104.00 93.61 202.34 34.42 03 167.92 01/01/2016 Weld RM CO 1.95 1.111 0.40 0.86 0.14 0.72 68145 ELMQUIST 21-23(N) 300 0.0007718700 24.06 0.00 61.74 1,485.20 1,485.20 01/01/2016 Weld RM CO 0.00 0.000 0.04 1.14 1.14 68145 ELMQUIST 21-23(N) 400 0.0007718700 12.44 0.00 7.85 97.66 97.66 01/01/2016 Weld RM CO 0.00 0.000 0.04 0.42 0.42 68145-ELMQUIST 21-23(N)Subtotal: 2.42 0.00 0.14 2.28 69756 GURTLER 26-30H(N) 200 0.0048401882 2.16 966.43 869.87 1,880.24 324.89 03 1,555.35 01/01/2016 Weld RM CO 1.95 1.111 34.22 73.96 12.78 61.18 Page 3 Owner: 2101560 Weld County C/O Board of County Comm QRA Check Number: 1772398 Owner Relations Check Date: 03/20/2016 Phone: 1 (866)917-3700 Check Amount: $4,001.34 E-mail: encanasupport@pdsei.com Well Name PC Entitlement SOD MCF Avg Wit MMBTU Well Gross Well Gross Well Sev Tax Well Ded Well Net Value Property Number Decimal Price Price Vol(mcf) Value$ Tax$ Type Cd Deducts$ Cd $ Sales County Int State MMBTU BTU Factor Owner Vol Owner Gross Owner Sev Owner Owner Net Value Date Type Avg Price (mcf) Value$ Tax$ Deducts$ $ 69756 GURTLER 2B-30H(N) 300 0.0048401882 24.06 0.00 1,949.18 46,888.89 46,888.89 01/01/2016 Weld RM CO 0.00 0.000 9.44 226.96 226.96 69756 GURTLER 2B-30H(N) 400 0.0048401882 12.88 0.00 84.28 1,08562 1,085.62 01/01/2016 Weld RM CO 0.00 0.000 3.32 42.70 42.70 69756-GURTLER 2B-30H(N)Subtotal: 343.62 0.00 12.78 330.84 73698 RODMAN BRUNTZ 2E-26H-C266(N) 200 0.0207374228 2.16 2,156.06 1,94065 4,19479 72876 03 3,466.03 01/01/2016 Weld RM CO 1.95 1.111 340.66 736.34 127.92 608.42 73698 RODMAN BRUNTZ 2E-26H-C266(N) 300 0.0207374228 24.06 0.00 3,551.15 85,425.40 85,425.40 01/01/2016 Weld RM CO 0.00 0.000 73.64 1,771.50 1,771.50 73698 RODMAN BRUNTZ 2E-26H-C266(N) 400 0.0207374228 13.18 0.00 204.22 2,692.42 2,692.42 01/01/2016 Weld RM CO 0.00 0.000 35.85 472.62 472.62 73698-RODMAN BRUNTZ 2E-26H-C266(N)Subtotal: 2,980.46 0.00 127.92 2,852.54 74006 GRANT ELMQUIST 2A-14H C268(N) 200 0.0002572917 2.16 2,597.44 2,337.93 5,053.50 880.51 03 4,172.99 01/01/2016 Weld RM CO 1.95 1.111 4.00 8.66 1.50 7.16 74006 GRANT ELMQUIST 2A-14H C268(N) 200 0.0000037760 2.16 2,597.44 2,337.93 5,053.50 880.51 03 4,172.99 01/01/2016 Weld RM CO 1.95 1.111 0.06 0.13 0.02 0.11 74006 GRANT ELMQUIST 2A-14H C268(N) 300 0.0002572917 24.06 0.00 3,702.01 89,054.44 89,054.44 01/01/2016 Weld RM CO 0.00 0.000 0.96 22.92 22.92 74006 GRANT ELMQUIST 2A-14H C268(N) 300 0.0000037760 24.06 0.00 3,702.01 89,054.44 89,054.44 01/01/2016 Weld RM CO 0.00 0.000 0.01 0.34 0.34 74006 GRANT ELMQUIST 2A-14H C268(N) 400 0.0002572917 13.16 0.00 273.74 3,601.56 3,601.56 01/01/2016 Weld RM CO 0.00 0.000 0.46 6.16 6.16 74006 GRANT ELMQUIST 2A-14H C268(N) 400 0.0000037760 13.16 0.0C 273.74 3,601.56 3,601.56 01/01/2016 Weld RM CO 0.00 0.000 0.01 0.09 0.09 74006-GRANT ELMQUIST 2A-14H C268(N)Subtotal: 38.30 0.00 1.52 36.78 74007 GRANT ELMQUIST 2B-14H C268(C) 200 0.0005145833 2.16 3,458.34 3,112.82 6,728.45 1,172.34 03 5,556.11 01/01/2016 Weld RM CO 1.95 1.111 9.84 21.26 3.70 17.56 74007 GRANT ELMQUIST 2B-14H C268(C) 300 0.0005145833 24.06 0.0C 3,490.15 83,958.00 83,958.00 01/01/2016 Weld RM CO 0.00 0.000 1.80 43.20 43.20 74007 GRANT ELMQUIST 2B-14H C268(C) 400 0.0005145833 13.16 0.00 364.47 4,795.26 4,795.26 01/01/2016 Weld RM CO 0.00 0.000 1.16 15.14 15.14 74007-GRANT ELMQUIST 2B-14H C268(C)Subtotal: 79.60 0.00 3.70 75.90 74008 GRANT ELMQUIST 2C-14H C268(N) 200 0.0002572917 2.16 3,326.96 2,994.56 6,472.83 1,127.81 03 5,345.02 01/01/2016 Weld RM CO 1.95 1.111 4.50 9.72 1.70 8.02 74008 GRANT ELMQUIST 2C-14H C268(N) 300 0.0002572917 24.06 0.00 3,106.31 74,724.46 74,724.46 01/01/2016 Weld RM CO 0.00 0.000 0.80 19.22 19.22 74008 GRANT ELMQUIST 2C-14H C268(N) 400 0.0002572917 13.16 0.00 35062 4,613.09 4,613.09 01/0142016 Weld RM CO 0.00 0.000 0.52 6.92 6.92 74008-GRANT ELMQUIST 2C-14H C268(N)Subtotal: 35.86 0.00 1.70 34.16 74009 GRANT ELMQUIST 2D-14H C268(C) 200 0.0002572917 2.16 4,368.62 3,932.15 8,499.46 1,480.92 03 7,018.54 01/01/2016 Weld RM CO 1.95 1.111 5.90 12.76 2.22 10.54 74009 GRANT ELMQUIST 2D-14H C268(C) 300 0.0002572917 24.06 0.0C 3,678.45 88,487.69 88,487.69 01/01/2016 Weld RM CO 0.00 0.000 0.94 22.76 22.76 74009 GRANT ELMQUIST 2D-14H C268(C) 400 .0.0002572917 13.16 0.00 460.40 6,057.43 6,057.43 01/01/2016 Weld RM CO 0.00 0.000 0.70 9.10 9.10 74009-GRANT ELMQUIST 2D-14H C268(C)Subtotal: 4462 0.00 2.22 42.40 74019 GRANT ELMQUIST 2E-14H C268(N) 200 0.0002572917 2.16 3,465.24 3,119.03 6,741.88 1,174.68 03 5,567.20 01/01/2016 Weld RM CO 1.95 1.111 4.68 10.12 1.76 8.36 74019 GRANT ELMQUIST 2E-14H C268(N) 300 0.0002572917 24.06 0.00 3,083.47 74,175.03 74,175.03 01/01/2016 Weld RM CO 0.00 0.000 0.80 19.08 19.08 74019 GRANT ELMQUIST 26-14H C268(N) 400 0.0002572917 13.16 0.00 365.19 4,804.82 4,804.82 01/01/2016 Weld RM CO 0.00 0.000 0.54 7.22 - 7.22 74019-GRANT ELMQUIST 2E-14H C268(N)Subtotal: 36.42 0.00 1.76 34.66 74022 GRANT SALISBURY 2A-14H(C) 200 0.0005765000 2.16 2,923.90 2,631.77 5,68866 98972 03 4,698.94 01/01/2016 Weld RM CO 1.95 1.111 10.66 23.03 4.01 19.02 74022 GRANT SALISBURY 2A-14H(C) 300 0.0005765000 24.06 0.0C 4,271.96 102,764.99 102,764.99 01/01/2016 Weld RM CO 0.00 0.000 2.46 59.24 59.24 Page 4 Owner: 2101560 Weld County C/O Board of County Comm QRA Check Number: 1772398 Owner Relations Check Date: 03/20/2016 Phone: 1 (866)917-3700 Check Amount: $4,001.34 E-mail: encanasupport@pdsei.com Well Property Name PC Entitlement SOD MCF Avg Wh MMBTU Well Gross Well Gross Well Sev Tax Well Ded Well Net Value Number Decimal Price Price Vol(mcf) Value$ Tax$ Type Cd Deducts$ Cd $ Sales County Int State MMBTU BTU Factor Owner Vol Owner Gross Owner Sev Owner Owner Net Value Date Type Avg Price (mcf) Value$ Tax$ Deducts$ $ 74022 GRANT SALISBURY 2A-14H(C) 400 0.0005765000 13.14 0.00 306.70 4,029.32 4,029.32 01/01/2016 Weld RM CO 0.00 0.000 1.24 16.32 16.32 74022-GRANT SALISBURY 2A-14H(C)Subtotal: 98.59 0.00 4.01 94.58 74023 GRANT SALISBURY 2B-14H(C) 200 0.0005765000 2.16 2,564.71 2,308.47 4,989.83 869.41 03 4,120.42 01/01/2016 Weld RM CO 1.95 1.111 9.35 20.20 3.52 16.68 74023 GRANT SALISBURY 2B-14H(C) 300 0.0005765000 24.06 0.00 1,786.55 42,976.71 42,976.71 01/01/2016 Weld RM CO 0.00 0.000 1.03 24.78 24.78 74023 GRANT SALISBURY 2B-14H(C) 400 0.0005765000 13.16 0.00 270.29 3,556.17 3,556.17 01/01/2016 Weld RM CO 0.00 0.000 1.09 14.40 14.40 74023-GRANT SALISBURY 2B-14H(C)Subtotal: 59.38 0.00 3.52 55.86 760747 GURTLER 1(J) 200 0.0072635000 2.16 69.28 62.36 134.79 23.05 03 111.74 01/01/2016 Weld RM CO 1.95 1.111 2.52 5.45 093 4.52 760747 GURTLER 1(J) 400 0.0072635000 12.47 0.00 5.09 63.47 63.47 01/01/2016 Weld RM CO 0.00 0.000 0.21 2.56 2.56 760747-GURTLER 1(J)Subtotal: 8.01 0.00 0.93 7.08 761329 BANGERT 33-19(J) 200 0.0011016000 2.16 49.22 44.30 95.75 16.09 03 7966 01/01/2016 Weld RM CO 1.95 1.111 0.29 063 0.11 0.52 761329 BANGERT 33-19(J) 400 0.0011016000 13.08 0.00 2.40 31.39 31.39 01/01/2016 Weld RM CO 0.00 0.000 0.02 0.20 0.20 761329-BANGERT 33-19(J)Subtotal: 0.83 0.00 0.11 0.72 761381 BANGERT 32-19(J) 200 0.0011016000 2.16 80.19 72.18 156.02 26.21 03 129.81 01/01/2016 Weld RM CO 1.95 1.111 0.47 1.02 0.17 0.85 761381 BANGERT 32-19(J) 400 0.0011016000 13.07 0.0C 3.91 51.11 51.11 01/01/2016 Weld RM CO 0.00 0.000 0.03 0.33 0.33 761381-BANGERT 32-19(J)Subtotal: 1.35 0.00 0.17 1.18 761437 BANGERT 44-19(J) 200 0.0011016000 2.16 72.19 64.98 140.48 2360 03 116.88 01/01/2016 Weld RM CO 1.95 1.111 0.42 0.92 0.15 0.77 761437 BANGERT 44-19(J) 400 0.0011016000 13.07 0.00 3.52 46.02 46.02 01/01/2016 Weld RM CO 0.00 0.000 0.02 0.30 0.30 761437-BANGERT 44-19(9 Subtotal: 1.22 0.00 0.15 1.07 761620 ELMQUIST 1(J) 200 0.0003859000 2.16 24.81 22.33 48.26 8.21 03 40.05 01/01/2016 Weld RM CO 1.95 1.111 0.04 0.09 0.01 0.08 761620 ELMQUIST 1(J) 300 0.0003859000 24.06 0.00 2.27 54.61 54.61 01/01/2016 Weld RM CO 0.00 0.000 0.00 0.02 0.02 761620 ELMQUIST 1(J) 400 0.0003859000 12.47 0.00 1.87 23.31 23.31 01/01/2016 Weld RM CO 0.00 0.000 0.00 0.04 0.04 761620-ELMQUIST 1(J)Subtotal: 0.15 0.00 0,01 0.14 761778 BANGERT 3-19(J) 200 0.0011016000 2.16 74.47 67.03 144.89 24.34 03 120.55 01/01/2016 Weld RM CO 1.95 1.111 0.44 0.95 0.16 0.79 761778 BANGERT 3-19(J) 400 0.0011016000 13.08 0.00 3.63 47.49 47.49 01/01/2016 Weld RM CO 0.00 0.000 0.02 0.31 0.31 761778-BANGERT 3-19(J)Subtotal: 1.26 0.00 0.16 1.10 761888 BANGERT 43-19(J) 200 0.0011016000 2.16 73.44 66.10 142.89 24.01 03 118.88 01/01/2016 Weld RM CO 1.95 1.111 0.43 0.93 0.16 0.77 761888 BANGERT 43-19(J) 400 0.0011016000 13.07 0.00 3.58 46.80 46.80 01/01/2016 Weld RM CO 0.00 0.000 0.02 0.31 0.31 761888-BANGERT 43-19(J)Subtotal: 1.24 0.00 0.16 1.08 762559 ELMQUIST 12-23(J) 200 0.0003859000 2.16 42.86 38.58 83.40 14.81 03 68.59 01/01/2016 Weld RM CO 1.95 1.111 0.07 0.15 0.03 0,12 762559 ELMQUIST 12-23(J) 300 0.0003859000 24.06 0.00 8.40 202.07 202.07 01/01/2016 Weld RM CO 0.00 0.000 0.00 0.08 0.08 762559 ELMQUIST 12-23(J) 400 0.0003859000 13.62 0.0C 5.26 71.62 71.62 01/01/2016 Weld RM CO 0.00 0.000 0.01 0.13 0.13 762559-ELMQUIST 12-23(J)Subtotal: 0.36 0.00 0.03 0.33 762839 BANGERT 34-19(J) 200 0.0011016000 2.16 168, 152.08 328.73 55.23 03 273.50 01/01/2016 Weld RM CO 1.95 1.111 0.99 2.15 0.36 1.79 762839 BANGERT 34-19(J) 400 0.0011016000 13.07 0.0 8.24 107.68 107,68 01/01/2016 Weld RM CO 0.00 0.00 0.05 0.70 0.70 Page 5 Owner: 2101560 Weld County C/O Board of County Comm QRA Check Number: 1772398 Owner Relations Check Date: 03/20/2016 Phone: 1 (866)917-3700 Check Amount: $4,001.34 E-mail: encanasupport@pdsei.com Well Name PC Entitlement SOD MCF Avg Wh MMBTU Well Gross Well Gross Well Sev Tax Well Ded Well Net Value Property Number Decimal Price Price Vol(mct) Value$ Tax$ Type Cd Deducts$ Cd $ Sales State County Int MMBTU BTU Factor Owner Vol Owner Gross Owner Sev Owner Owner Net Value Date Type Avg Price (mct) Value$ Tax$ Deducts$ $ 762839-BANGERT 34-19(J)Subtotal: 2.85 0.00 0.36 2.49 763061 BANGERT 2-19(J) 200 0.0011016000 2.16 209.22 188.32 407.07 70.33 03 336.74 01/01/2016 Weld RM CO 1.95 1.111 1.23 2.66 0.46 2.20 763061 BANGERT 2-19(J) 400 0.0011016000 14.52 0.00 15.45 224.35 224.35 01/01/2016 Weld RM CO 0.00 0.000 0.10 1.46 1.46 763061-BANGERT 2-19(J)Subtotal: 4.12 0.00 0.40 3.66 763704 GURTLER 12-30(J) 200 0.0072634900 2.16 75.34 67.81 146.56 25.07 03 121.49 01/01/2016 Weld RM CO 1.95 1.111 2.75 5.94 1.02 4.92 763704 GURTLER 12-30(J) 400 0.0072634900 12.46 0.00 5.54 69.01 69.01 01/01/2016 Weld RM CO 0.00 0.000 0.22 2.80 2.80 763704-GURTLER 12-30(J)Subtotal: 8.74 0.00 1.02 7.72 Current Check Totals: 4,183.81 0.00 0.00 182.47 4,001.34 Year to Date Totals: 14,662.98 0.00 0.00 532.43 14,130.55 Page 6 Hello