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Home My WebLink About20163898.tiffU Owner: 2101560 Weld County CIO Board of County Comm QRA Check Number: 1838272 Check Date: 12/20/2016 4.gq°1AmW 7 Check Amount: $4,,919.19.077 1 Legend Product Codes (PC) Interest Types (Int Type) Tax Type Codes Deduct Codes (Ded Cd) 100 - Oil (bbl) 200- Gas (mc0 300 -Condensate (bbl) 400 - Plant Products (bbl) 600 -Helium DRP - Drip Condensate (bbl) NM - Non -Pop Mineral Int PP - Production Payment NP - Net Profit Int RI - Royally Interest NR - Non -Pop Royalty Int RM- Royalry-Miller OM - Overriding Royalty -Miller RO - Royalty Opt -Out 00. Overriding Royaly-Opt Out RS - Royalty -Settlement OR - Overriding Royalty SR - State Royalty OS- Overriding Royalty-SettlementUL- unleased LA Mineral Int OU - Overnding Royalty -Unit Allot UM - Unleased Mineral let OV - Reversionary Override UR - Unleased Royalty Int WI - Working Interest AV - Ad Valorem AV1 - Ad Valorem True -up CN- Conservation Tax FE - Environmental Tax (Gas) MT- Oil and Gas Maintenance Charge PR - Production Tax ES/SCH - School Tax ST- Shoshone Indians Tribal Sev Tax SV - Severance Tax o1 -compression 02. Dehydrator03 -R°c°W"a W - Treating o5 -Transportation Fuel 06• Unutif¢ed Gas Transport 07- unutir ed NCI Transport �•T°""M"�Aq 10- Texas Marto AM Offset 10- Omar 11 - Canoeing 12 - Production Interest 13-Lomproasor Fuel 1a-[ompresrorFuel -Other 15 - High Pressure Gat 16- low Prem. Get 17. Gee Liquid At Dm 16. Gas Lquk Mj 601_OR 19-MarkNkp 2G - Shrink 22 - Transportation (EMUS) 22-Tranepoibtipn (Non -EMUS) 23- Pirmnco Creak Pipeline 24 -Plod Thermal Redaction 25- Production Ter Interest 28 - lease Use 27- Processing Fuer 29 -cosmos Transportation -Oil Reatoratiooceora N Nw TIM Encana Oil & Gas (USA) Inc. 370 17th Street, Suite 1700 Denver, CO 80202 Owner Relations Phone: 1 (866) 917-3700 E-mail: encanasupport@pdsei.com Well Number Property Name PC Entitlement Decimal SOD Price MCF Avg Price Nth MMBTU Well Gross Vol (mcf) Well Gross Value $ Well Sec Tax $ Tax Type Cd Well Deducts $ Ded Cd Well Net Value $ Sales Date Court ry Int Type State MMBTU Avg Price BTU Factor Owner Vol (mct) Owner Gross Value $ Owner Sev Tax $ Owner Deducts $ Owner Net Value $ 15435 GURTLER 12-30 (C) 200 0.0072634900 4.23 62.93 62.93 265.98 21.33 03 244.65 07/01/2011 Weld RM CO 4.23 1000 2.55 1078 0.87 9.91 15435 GURTLER 12-30 (C) 200 0.0072634900 4.23 -66.58 -62.93 -265.98 -21.33 03 -244.65 07/01/2011 Weld RM CO 3.99 1.058 -2.56 -10.81 -0.87 -9.94 15435 GURTLER 12-30 (C) 200 0.0072634900 4.26 65.99 65.99 280.93 22.18 03 258.75 08/01/2011 Weld RM CO 4.26 1.000 2.68 11.39 0.90 10.49 15435 GURTLER 12-30 (C) 200 0.0072634900 4.26 -69.82 -65.99 -280.93 -22.18 03 -258.75 08/01/2011 Weld RM CO 4.02 1.058 -2.68 -11.41 -0.90 -10.51 15435 GURTLER 12-30 (C) 200 0.0072634900 3.88 58.36 58.36 226.51 18.88 03 207.63 09/01/2011 Weld RM CO 3.88 1.000 2.37 9.18 0.76 8.42 15435 GURTLER 12-30 (C) 200 0.0072634900 3.88 51.74 -58.36 -226.51 -18.88 03 -207.63 09/01/2011 Weld RM CO 3.67 1.058 -2.37 -9.20 -0.77 -8.43 15435 GURTLER 12-30 (C) 200 0.0072634900 3.68 63.27 63.27 233.12 21.04 03 212.08 10/01/2011 Weld RM CO 3.68 1.000 2.56 9.45 0.85 8.60 15435 GURTLER 12-30 (C) 200 0.0072634900 3.68 -66.94 -63.27 -233.12 -21.04 03 -212.08 10/01/2011 Weld RM CO 3.48 1.058 -2.57 -947 .0.85 -8.62 15435 GURTLER 12-30 (C) 200 0.0072634900 3.50 57.67 57.67 201.98 19.30 03 182.68 12/01/2011 Weld RM CO 3.50 1.000 234 8.19 0.78 7.41 15435 GURTLER 12-30 (C) 200 0.0072634900 3.50 -69.78 -57.67 -201.98 -19.30 03 •182.68 12.10112011 Weld RM CO 2.89 1.210 -2.34 -8.21 -0.79 -7.42 15435 GURTLER 12-30 (C) 200 0.0072634900 2.92 39.27 39.27 114.78 14.34 03 100.44 10/01/2016 Weld RM CO 2.92 1.000 1.59 4.65 0.58 4.07 15435 GURTLER 12-30 (C) 400 0.0072634900 50.36 0.00 6.19 311.72 311.72 07/01/2011 Weld RM CO 0.00 0.000 0.25 12.63 12.63 15435 GURTLER 12.30 (C) 400 0.0072634900 50.36 0.00 -6.19 -311.72 -311.72 0 710 112 01 1 Weld RM CO 0.00 0.000 -0.25 -12.66 -12.66 15435 GURTLER 12-30 (C) 400 0.0072634900 47.68 0.00 6.21 296.11 296.11 08/01/2011 Weld RM CO 000 0.000 0.25 12.00 12.00 15435 GURTLER 12-30 (C) 400 0.0072634900 47.68 0.00 5.21 -296.11 -296.11 08/01/2011 Weld RM CO 0.00 0.000 -0.25 •12.03 -12.03 15435 GURTLER 12-30 (C) 400 0.0072634900 50.76 0.00 4.57 231.98 231.98 09/01/2011 Weld RM CO 0.00 0.000 0.18 940 9.40 15435 GURTLER 12-30 (C) 400 0.0072634900 50.76 0.00 -4.57 -231.98 -231.98 09/01/2011 Weld RM CO 0.00 0.000 -0.19 -9.42 -9.42 15435 GURTLER 12-30 (C) 400 0.0072634900 44.82 0.00 5.71 255.90 255.90 10/01/2011 Weld RM CO 0.00 0.000 0.23 10.37 10.37 15435 GURTLER 12-30 (C) 400 0.0072634900 44.82 0.0C -5.71 -255.90 -255.90 10/012011 Weld RM CO 0.00 0.000 -0.23 -10.40 •10.40 15435 GURTLER 12-30 (C) 400 0.0072634900 46.13 0.00 5.31 244.94 244.94 12/01/2011 Weld RM CO 0.00 0.000 0.22 9.93 9.93 15435 GURTLER 12-30 (C) 400 0.0072634900 46.13 0.00 -5.31 -244.94 —1.94 12/01/2011 Weld RM CO 0.00 0.000 -0.22 -9.95 i.95 15435 GURTLER 12-30 (C) 400 0.0072634900 22.23 0.00 3.16 70.26 2016-3898 ..26 10/01/2016 Weld RM CO 0.00 0.000 0.13 2.85 .85 15435 - GURTLER 12-30 (C) Subtotal, 726 0.00 0.56 6.70 Page 1 Owner: 2101560 Weld County CIO Board of County Comm QRA Check Number: Check Date: Check Amount: Well Number Property Name PC Entitlement Decimal SOD Price MCF Avg Price Wh MMBTU Well Gross Vol (mcf) Well Gross Value $ Well Sev Tax $ Tax Type Cd Well Deducts $ Ded Cd Well Net Value $ Sales Date Count y Int Type Slate MMBTU Avg Price BTU Factor Owner Vol (mcf) Owner Gross Value $ Owner Sev Tax $ Owner Deducts $ Owner Net Value $ 40811 ELMOUIST 21-23 (J) 200 0.0003859375 2.92 14.73 14.73 43.06 5.31 03 37.75 10/01/2016 Weld RM CO 2.92 1.000 0.02 0.08 0.02 0.06 40811 ELMOUIST 21-23 (J) 300 0.0003859375 43.73 0.00 1.33 58.16 58.16 10/01/2016 Weld RM CO 0.00 0.000 0.00 002 002 40811 ELMOUIST 21-23 (J) 400 0.0003859375 22.01 0.00 1.12 24.65 24.65 10/01/2016 Weld RM CO 0.00 0.000 0.00 004 0.04 40811 - ELMOUIST 21-23 (J) Subtotal! 0.14 000 0.02 0.12 43018 STARKS 23-30 (J) 200 0.0072634900 4.23 55.78 55.78 235.77 19.21 03 216.56 07/01/2011 Weld RM CO 4.23 1.000 1.86 7.87 0.64 7.23 43018 STARKS 23-30 (J) 200 0.0072634900 4.23 -59.02 -55.78 -235.77 -19.21 03 -216.56 07/01/2011 Weld RM CO 3.99 1.058 -1.87 -7.91 -0.64 -7.27 43018 STARKS 23-30 (J) 200 0.0072634900 4.26 57.77 57.77 245.92 19.72 03 226.20 08/01/2011 Weld . RM CO 4.26 1.000 1.93 8.21 0.66 7.55 43018 STARKS 23-30 (J) 200 0.0072634900 4.26 -61.12 -57.77 -245.92 -19.72 03 -226.20 08/01/2011 Weld RM CO 4.02 1.058 -1.94 -825 -0.66 -7.59 43018 STARKS 23-30 (J) 200 0.0072634900 3.88 56.20 56.20 218.10 18.40 03 199.70 09/01/2011 Weld RM CO 3.88 1.000 1.88 7.28 0.61 6.67 43018 STARKS 23-30 (J) 200 0.0072634900 3.88 -59.46 -56.20 -218.10 -18.40 03 -199.70 09/01/2011 Weld RM CO 3.67 1.058 -1.88 -7.31 -0.62 -6.69 43018 STARKS 23-30 (J) 200 0.0072634900 3.68 68.87 68.87 253.75 22.80 03 230.95 10/01/2011 Weld RM CO 3.68 1.000 2.30 8.47 0.76 7.71 43018 STARKS 23-30 (J) 200 0.0072634900 3.68 -72.86 -68.87 -25375 -22.80 03 -230.95 10/01/2011 Weld RM CO 3.48 1.058 -2.31 -8.51 -0.76 -7.75 43018 STARKS 23-30 (J) 200 00072634900 3.50 5674 56.74 198.74 18.98 03 179.76 12/01/2011 Weld RM CO 3.50 1.000 1.89 6.63 0.63 6.00 43018 STARKS 23-30 (J) 200 00072634900 3.50 -67.46 -56.74 -198.74 -18.98 03 -179.76 12/01/2011 Weld RM CO 2.95 1.189 -1.90 -6.66 -0.64 -6.02 43018 STARKS 23-30 (J) 200 0.0072634900 2.92 63.43 63.43 185.39 23.10 03 162.29 10/01/2016 Weld RM CO 292 1.000 2.12 6.19 0.77 5.42 43018 STARKS 23.30 (J) 300 00072634900 43.73 am 0.92 40.23 40.23 10/01/2016 Weld RM CO 000 0.000 0.01 0.29 0.29 43018 STARKS 23-30 (J) 400 0.0072634900 48.93 0.00 6.57 321.44 321.44 07/01/2011 Weld RM CO 0.00 0.000 0.22 10.73 10.73 43018 STARKS 23-30 (J) 400 0.0072634900 48.93 0.00 -6.57 -321.44 -321.44 07/01/2011 Weld RM CO 0.00 0.000 -0.22 -10.78 •10.78 43018 STARKS 23-30 (J) 400 0.0072634900 46.96 0.0C 6.55 307.60 307.60 08/01/2011 Weld RM CO 0.00 0.000 0.22 1027 10.27 43018 STARKS 23-30 (J) 400 0.0072634900 46.96 0.00 -6.55 -30760 -307.60 08/01/2011 Weld RM CO 0.00 0.000 -0.22 -10.31 -10.31 43018 STARKS 23-30 (J) 400 0.0072634900 50.34 0.00 5.33 268.31 268.31 09/01/2011 Weld RM CO 0.00 0.000 0.18 8.96 8.96 43018 STARKS 23-30 (J) 400 0.0072634900 50.34 0.00 -5.33 -268.31 -268.31 09/01/2011 Weld RM CO 0.00 0.000 -0.18 -9.00 -9.00 43018 STARKS 23-30 (J) 400 0.0072634900 44.37 0.00 5.67 251.60 251.60 10/01/2011 Weld RM CO 0.00 0.000 0.19 8.40 8.40 43018 STARKS 23-30 (J) 400 0.0072634900 44.37 0.00 -5.67 -251.60 -251.60 10/01/2011 Weld RM CO 0.00 0.000 -0.19 -8.44 -8.44 43018 STARKS 23.30 (J) 400 00072634900 4627 0.00 4.81 222.55 222.55 12/01/2011 Weld RM CO 0.00 0.000 0.16 7.43 743 43018 STARKS 23-30 (J) 400 0.0072634900 4627 0.00 -4.81 -222.55 -222.55 12/01/2011 Weld RM CO 0.00 0.000 -0.16 -7.46 -7.46 43018 STARKS 23.30 (J) 400 0.0072634900 23.79 0.00 4.25 101.11 101.11 10/01/2016 Weld RM CO 0.00 0.000 0.14 3.38 3.38 43018 - STARKS 23-30 (J) Subtotal: 9.48 0.00 0.75 8.73 43019 STARKS 24-30 (J) 200 00072634900 4.23 6217 62.17 262.75 21.41 03 241.34 07/01/2011 Weld RM CO 4.23 1.000 2.08 8.77 0.72 8.05 43019 STARKS 24-30 (J) 200 0.0072634900 423 -65.78 -62.17 -262.75 -21.41 03 -241.34 07/01/2011 Weld RM CO 3.99 1.058 -2.08 -8.81 -072 -8.09 1838272 12/20/2016 $4,919.07 Owner Relations Phone: 1 (866) 917-3700 E-mail: encanasupport@pdsei.com Page 2 QRA Check Number: Check Date: Check Amount: Well Number Property Name PC Entitlement Decimal SOD Price MCF Avg Price Wh MMBTU Well Gross Vol (mcf) Well Gross Value $ Well Sev Tax $ Tax Type Cd Well Deducts $ Ded Cd Well Net Value $ Sales Date County Int Type State MMBTU Avg Price BTU Factor Owner Vol (mcf) Owner Gross Value $ Owner Sev Tax $ Owner Deducts $ Owner Net Value $ 43019 STARKS 24-30 (J) 200 0.0072634900 4.26 64.5C 64.50 274.57 2202 03 252.55 08/01/2011 Weld RM CO 4.26 1.000 2.15 9.17 0.74 8.43 43019 STARKS 24-30 (J) 200 0.0072634900 4.26 -68.24 -64.50 -274.57 -22.02 03 -252.55 08/01/2011 Weld RM CO 4.02 1.058 -2.16 -9.21 -074 -8.47 43019 STARKS 24-30 (J) 200 0.0072634900 3.88 62.95 62.95 244.30 20.61 03 223.69 09/01/2011 Weld RM CO 3.88 1.000 2.10 8.16 0.69 7.47 43019 STARKS24-30(J) 200 0O072634900 3.88 -66.60 -62.95 -244.30 -20.61 03 -223.69 09/01/2011 Weld RM CO 3.67 1.058 -2.11 -8.19 -0.69 -7.50 43019 STARKS 24-30 (J) 200 0.0072634900 3.68 74.13 74.13 273.11 24.54 03 248.57 10/01/2011 Weld RM CO 3.68 1.000 2.48 9.12 0.82 8.30 43019 STARKS 24-30 (J) 200 0.0072634900 3.68 -78.4: -74.13 -273.11 -24.54 03 -248.57 10/01/2011 Weld RM CO 3.48 1.058 -2.49 -9.16 -0.82 -8.34 43019 STARKS 24-30 (J) 200 0.0072634900 3.50 63.97 63.97 224.07 21.40 03 202.67 12/01/2011 Weld RM CO 3.50 1.000 2.14 7,48 0.72 6.76 43019 STARKS 24-30 (J) 200 0.0072634900 3.50 -76.06 -63.97 -224.07 -21.40 03 -202.67 12/01/2011 Weld RM CO 2.95 1.189 -2.15 -7.51 -0.72 -6.79 43019 STARKS 24-30 (J) 200 0.0072634900 2.92 74.5E 74.56 217.93 27.16 03 190.77 10/01/2016 Weld RM CO 2.92 1.000 2.49 7.28 0.91 6.37 43019 STARKS 24-30 (J) 300 00072634900 43.73 O.00 1.84 80.46 80.46 10/01/2016 Weld RM CO 0.00 0.000 0.01 0.58 0.58 43019 STARKS 24-30 (J) 400 0.0072634900 48.87 0.00 7.33 358.25 358.25 07/01/2011 Weld RM CO 0.00 0.000 0.25 11.96 11.96 43019 STARKS 24-30 (J) 400 0.0072634900 48.87 O.00 -7.33 -358.25 -358.25 07/01/2011 Weld RM CO 0.00 0.000 -0.25 •12.01 -12.01 43019 STARKS 24-30 (J) 400 00072634900 46.99 0.00 7.31 343.52 343.52 08/01/2011 Weld RM CO 0.00 0.000 0.24 11.47 11.47 43019 STARKS 24-30 (J) 400 0.0072634900 46.99 O.00 -7.31 -343.52 -343.52 08/01/2011 Weld RM CO 0.00 0.000 -0.24 -11.52 -11.52 43019 STARKS 24-30 (J) 400 00072634900 50.25 0.0C 5.98 300.49 300.49 09/01/2011 Weld RM CO 0.00 0.000 0.20 1003 10.03 43019 STARKS 24-30 (J) 400 0O072634900 50.25 O.00 -5.98 -300.49 -300.49 09/01/2011 Weld RM CO 0.00 0.00C -0.20 -10.08 -1008 43019 STARKS 24-30 (J) 400 0.0072634900 4440 O.00 6.10 270.81 270.81 10/01/2011 Weld RM CO 0.00 0.000 0.20 9.04 9.04 43019 STARKS 24-30 (J) 400 0.0072634900 44.40 0.0C -6.10 -270.81 -270.81 10/01/2011 Weld RM CO 0.00 0.000 -0.20 -9.08 -9.08 43019 STARKS 24.30 (J) 400 0.0072634900 46.22 0.00 5.43 250.98 250.98 12/01/2011 Weld RM CO 0.00 - 0.000 0.18 8.38 8.38 43019 STARKS 24-30 (J) 400 00072634900 46.22 O.00 -543 -250.98 -250.98 12/01/2011 Weld RM CO 0.00 0.000 -0.18 -8.42 -8.42 43019 STARKS 24-30 (J) 400 0.0072634900 23.77 0.00 5.00 118.86 118.86 10/01/2016 Weld RM CO 0.00 0.000 0.17 3.97 3.97 43019 - STARKS 24-30 (J) Subtotal: 11.42 0.00 0.91 10.51 43151 ELMQUIST 12-23 (C) 200 0.0007718700 2.92 9.92 9.93 29.03 3.71 03 25.32 10/01/2016 Weld RM CO 2.92 1.000 0.04 0.12 0.02 0.10 43151 ELMQUIST 12-23 (C) 300 00007718700 4;;.73 0.00 30.34 1,326.73 1,326.73 10/01/2016 Weld RM CO 0.00 0.000 002 1.02 1.02 43151 ELMQUIST 12-23 (C) 400 0.0007718700 23.80 0.00 1.24 29.51 29.51 10/01/2016 Weld RM CO 0.00 0.000 0.01 0.13 0.13 43151 - ELMQUIST 12-23 (C) Subtotal: 1.27 0.00 0.02 1.25 43152 ELMQUIST 12-23 (N) 200 00007718700 2.92 9.93 9.93 29.03 3.71 03 25.32 10/01/2016 Weld RM CO 2.92 1.000 0.04 0.12 0.02 0.10 43152 ELMQUIST 12-23 (N) 300 0.0007718700 43.73 0.00 30.33 1.326.30 1,326.30 10/01/2016 Weld RM CO 0.00 0.000 0.02 1.02 1.02 43152 ELMQUIST 12-23 (N) 400 0.0007718700 23.80 0.0C 1.24 29.51 29.51 10/01/2016 Weld RM CO 0.00 0.000 0.01 0.13 0.13 43152 - ELMQUIST 12-23 (N) Subtotal: 1.27 0.00 0.02 1.25 Owner: 2101560 Weld County C/O Board of County Comm 1838272 12/20/2016 $4,919.07 Owner Relations Phone: 1 (866) 917-3700 E-mail: encanasupport@pdsei.com Page 3 Owner: 2101560 Weld County CIO Board of County Comm QRA Check Number: 1838272 Check Date: 12/20/2016 Check Amount: $4,919.07 Owner Relations Phone: 1 (866) 917-3700 E-mail: encanasupport@pdsei.com Well Number Property Name PC Entitlement Decimal SOD Price MCF Avg Price Wh MMBTU Well Gross Vol (met) Well Gross Value $ Well Sev Tax $ Tax Type Cd Well Deducts $ Ded Cd Well Net Value $ Saks Date County Int Type State MMBTU Avg Price BTU Factor Owner Vol (mct) Owner Gross Value $ Owner Sev Tax $ Owner Deducts $ Owner Net Value $ 43473 ELMQUIST 1 (C) 200 0.0007718700 292 34.35 34.35 100.40 12.38 03 88.02 10/01/2016 Weld RM CO 2.92 1.000 0.15 0.43 005 0.38 43473 ELMQUIST 1 (C) 300 0.0007718700 43.73 0.00 12.74 557.11 557.11 10/01/2016 Weld RM CO 0.00 0.000 0.01 043 0.43 43473 ELMQUIST 1 (C) 400 0.0007718700 21.94 0.00 2.62 57.49 57.49 10/01/2016 Weld RM CO 0.00 0.000 0.01 0.25 0.25 43473- ELMQUIST 1 (C) Subtotal: 1.11 0.00 0.05 1.06 43474 ELMQUIST 1 (N) 200 0.0007718700 2.92 34.35 34.35 100.40 12.38 03 88.02 10/01/2016 Weld RM CO 2.92 1000 0.15 0.43 0.05 0.38 43474 ELMQUIST 1 (N) 300 0.0007718700 43.73 0.00 12.73 556.67 556.67 10/01/2016 Weld RM CO 0.00 0.000 0.01 0.43 0.43 43474 ELMQUIST 1 (N) 400 0.0007718700 21.94 0.00 262 57.49 57.49 10/01/2016 Weld RM CO 0.00 0.000 0.01 0.25 0.25 43474 - ELMQUIST 1 (N) Subtotal: 1.11 0.00 0.05 1.06 46695 HALEY 8-2-22 (J) 200 0.0007718700 2.92 39.96 39.96 116.79 14.36 03 102.43 10/01/2016 Weld RM CO 292 1.000 0.18 0.52 0.06 0.46 46695 HALEY 8-2-22 (J) 300 0.0007718700 43.73 0.00 3.59 156.99 158.99 10/01/2016 Weld RM CO 0.00 0.000 0.00 0.12 0.12 46695 HALEY 8-2-22 (J) 400 0.0007718700 21.57 0.0C 3.99 86.07 86.07 10/01/2016 Weld RM CO 0.00 0.000 0.02 0.38 0.38 46695 - HALEY 8-2-22 (J) Subtotal: 1.02 0.00 0.06 0.96 46697 HALEY 8-4-22 (J) 200 0.0003070300 2.92 41.40 41.48 121.25 15.08 03 106.17 10/01/2016 Weld RM CO 2.92 1.000 0.08 0.22 0.02 0.20 46697 HALEY 8-4-22 (J) 300 0.0003070300 4373 0.0C 3.14 137.31 137.31 10/01/2016 Weld RM CO 0.00 0.000 0.00 0.04 0.04 46697 HALEY 8-4-22 (J) 400 0.0003070300 23.73 0.0C 3.46 82.10 82.10 10/01/2016 Weld RM CO 0.00 0.000 0.00 0.16 0.16 46697 - HALEY 8-4 22 (J) Subtotal: 0.42 0.00 0.02 040 48519 STARKS 23-30 (C) 200 0.0072634900 4.23 86.28 86.28 364.65 29.71 03 334.94 07/01/2011 Weld RM CO 4.23 1.000 2.88 12.17 0.99 11.18 48519 STARKS 23-30 (C) 200 0.0072634900 4.23 -91.28 -8628 -364.65 -29.71 03 -334.94 07/01/2011 Weld RM CO 3.99 1.058 -2.89 -12.23 -1.00 -11.23 48519 STARKS 23-30 (C) 200 0.0072634900 4.26 89.31 89.31 380.18 30.49 03 349.69 08/01/2011 Weld RM CO 4.26 1.000 2.98 12.69 1.02 11.67 48519 STARKS 23-30 (C) 200 0.0072634900 4.26 -94.49 -89.31 -380.18 -30.49 03 -349.69 08/01/2011 Weld RM CO 4.02 1.058 -3.00 -12.75 -1.02 -11.73 48519 STARKS 23-30 (C) 200 0.0072634900 3.88 86.92 86.92 337.32 28.46 03 308.86 09/01/2011 Weld RM CO 3.88 1.000 2.90 11.26 0.95 10.31 48519 STARKS 23-30 (C) 200 0.0072634900 3.88 -91.98 -86.92 -337.32 -28.46 03 -308.86 09/01/2011 Weld RM CO 3.67 1.058 -2.91 -1131 -0.95 -10.36 48519 STARKS 23-30 (C) 200 00072634900 3.68 106.55 106.55 392.57 35.26 03 357.31 10/01/2011 Weld RM CO 3.68 1.000 3.56 13.11 1.18 11.93 48519 STARKS 23-30 (C) 200 0.0072634900 3.68 -112.73 -106.55 -392.57 -35.26 03 -357.31 10/01/2011 Weld RM CO 3.48 1.058 -3.57 -13.16 -1.18 -11.98 48519 STARKS 23-30 (C) 200 0.0072634900 3.50 87.73 87.73 307.29 29.35 03 277.94 12/01/2011 Weld RM CO 3.50 1.000 2.93 10.26 0.98 9.28 48519 STARKS 23-30 (C) 200 0.0072634900 3.50 -104.31 -87.73 -307.29 -29.35 03 •277.94 12/01/2011 Weld RM CO 2.95 1.185 -2.94 -10.30 -0.98 -9.32 48519 STARKS 23-30 (C) 200 0.0072634900 2.92 102.76 10276 30036 37.43 03 262.93 10/01/2016 Weld RM CO 2.92 1.000 343 1003 1.25 8.78 48519 STARKS 23-30 (C) 300 0.0072634900 43.73 0.00 55.12 2,410.34 2,410.34 10/01/2016 Weld RM CO 0.00 0.000 0.40 17.51 17.51 48519 STARKS 23-30 (C) 400 0.0072634900 48.89 000 10.17 497.20 497.20 07/01/2011 Weld RM CO 0.00 0.000 0.34 16.60 16.60 48519 STARKS 23-30 (C) 400 0.0072634900 48.89 0.00 -10.17 .497.20 -497.20 07/01/2011 Weld RM CO 0.00 0.000 -0.34 -16.67 -16.67 48519 STARKS 23-30 (C) 400 0.0072634900 47.00 0.00 10.12 475.59 475.59 08/01/2011 Weld RM CO 0.00 0.000 0.34 15.88 15.88 Page 4 QRA Check Number: Check Date: Check Amount: Well Number Property Name PC Entitlement Decimal SOD Price MCF Avg Price Wh MMBTU Well Gross Vol (mcf) Well Gross Value $ Well Sev Tax $ Tax Type Cd Well Deducts $ Ded Cd Well Net Value $ Sales Date County Int Type Stale MMBTU Avg Price BTU Factor Owner Vol (mob Owner Gross Value $ Owner Sev Tax $ Owner Deducts $ Owner Net Value $ 48519 STARKS 23-30 (C) 400 0.0072634900 47.00 0.00 -10.12 -475.59 -475.59 08/01/2011 Weld RM CO 0.00 0.000 -0.34 .15.95 -15.95 48519 STARKS 23-30 (C) 400 0.0072634900 50.35 0.00 8.24 414.92 414.92 09/01/2011 Weld RM CO 0.00 0.000 0.28 13.85 13.85 48519 STARKS 23-30 (C) 400 0.0072634900 50.35 0.0C -8.24 -414.92 -414.92 09/01/2011 Weld RM CO 0.00 0.000 -0.28 -13.91 -13.91 48519 STARKS 23-30 (C) 400 O0072634900 44.43 0.00 8.76 389.18 389.18 10/01/2011 Weld RM CO 0.00 0.000 0.29 13.00 13.00 48519 STARKS 23-30 (C) 400 0.0072634900 44.43 0.0C -8.76 -389.18 -389.18 10/01/2011 Weld RM CO 0.00 0.000 -0.29 -13.05 -13.05 48519 STARKS 23-30 (C) 400 0.0072634900 46.20 0.SC 7.45 344.19 344.19 12/01/2011 Weld RM CO 0.00 0.000 0.25 11.49 11.49 48519 STARKS 23-30 (C) 400 0.0072634900 46.20 0.00 -7.45 -344.19 -344.19 12/01/2011 Weld RM CO 0.00 0.000 -0.25 -11.54 -11.54 48519 STARKS 23-30 (C) 400 0.0072634900 23.81 0.00 6.88 163.81 163.81 10/01/2016 Weld RM CO 0.00 0.000 0.23 5.47 5.47 48519 - STARKS 23-30 (C) Subtotal' 32.45 0.00 1.24 31.21 48523 STARKS 24-30 (C) 200 0.0072634900 4.23 96.13 96.13 406,29 33.11 03 373.18 07/01/2011 Weld RM CO 4.23 1.000 3.21 13.57 1.11 12.46 48523 STARKS 24-30 (C) 200 0.0072634900 4.23 -101.71 -96.13 .406.29 -33.11 03 -373.18 07/01/2011 Weld RM CO 3.99 1.058 -3.22 -13.62 -1.11 •12.51 48523 STARKS 24-30 (C) 200 0.0072634900 4.26 99.78 99.78 424.74 34.06 03 390.68 08/01/2011 Weld RM CO 4.26 1.000 3.33 14.18 1.14 13.04 48523 STARKS 24-30 (C) 200 0.0072634900 4.26 -105.57 -99.78 -424.74 -34.06 03 -390.68 08/01/2011 Weld RM CO 4.02 1.058 -3.35 -14.24 -1.14 -13.10 48523 STARKS 24-30 (C) 200 0.0072634900 3.88 97.38 97.38 377.90 31.88 03 346.02 09/01/2011 Weld RM CO 3.88 1.000 3.25 12.62 1O6 11.56 48523 STARKS 24.30 (C) 200 0.0072634900 3.88 -103.03 -97.38 -377.90 -31.88 03 -346.02 09/01/2011 Weld RM CO 3.67 1.058 -3.27 -12.67 -1.07 -1160 48523 STARKS 24-30 (C) 200 0.0072634900 3.68 114.66 114.66 422.46 37.95 03 384.51 10/01/2011 Weld RM CO 3.68 1.000 3.83 14.11 1.27 12.84 48523 STARKS 24-30 (C) 200 0.0072634900 3.68 -121.31 -114.66 -422.46 -37.95 03 -384.51 1 0101 /201 1 Weld RM CO 3.48 1.058 -3.85 -14.17 -1.27 -12.90 48523 STARKS 24-30 (C) 200 0.0072634900 3.50 98.94 98.94 346.57 33.10 03 313.47 12/01/2011 Weld RM CO 3.50 1.000 3.30 11.57 1.10 10.47 48523 STARKS 24-30 (C) 200 0.0072634900 3.50 -117.64 -98.94 -346.57 -33.10 03 -313.47 12/01/2011 Weld RM CO 2.95 1.189 -3.32 -11.62 -111 -10.51 48523 STARKS 24-30 (C) 200 0.0072634900 2.92 ' 115.20 115.20 336.72 41.96 03 294.76 10/01/2016 Weld RM CO 2.92 1.000 3.85 11.24 1.40 9.84 48523 STARKS 24-30 (C) 300 0.0072634900 43.73 0.00 79.00 3,454.58 3.454.58 10/01/2016 Weld RM CO 0.00 0.000 0.57 25.09 25.09 48523 STARKS 24-30 (C) 400 0.0072634900 48.90 0.00 11.33 554.02 554.02 07/01/2011 Weld RM CO 0.00 0.000 0.38 18.50 18.50 48523 STARKS 24-30 (C) 400 0.0072634900 48.90 0.00 -11.33 -554.02 -554.02 07/01/2011 Weld RM CO 0.00 0.000 -0.38 -18.58 -18.58 48523 STARKS 24-30 (C) 400 0.0072634900 46.98 0.00 11.31 531.37 531.37 08/01/2011 Weld RM CO 0.00 0.000 0.38 17.74 17.74 48523 STARKS 24-30 (C) 400 0.0072634900 46.98 0.00 -11.31 -531.37 -531.37 08/01/2011 Weld RM CO 0.00 0.000 -0.38 -17.82 -17.82 48523 STARKS 24-30 (C) 400 0.0072634900 50.31 0.00 9.24 464.85 464.85 09/01/2011 Weld RM CO 0.00 0.000 0.31 15.52 15.52 48523 STARKS 24.30 (C) 400 0.0072634900 50.31 0.00 -9.24 -464.85 -464.85 09/0112011 Weld RM CO 0.00 0.000 -0.31 -15.59 -15.59 48523 STARKS 24-30 (C) 400 0.0072634900 44.42 0.00 9_43 418.92 418.92 10/01/2011 Weld RM CO 0.00 0.000 0.31 13.99 13.99 48523 STARKS 24-30 (C) 400 0.0072634900 44.42 0.00 -9.43 -418.92 -418.92 10/01/2011 Weld RM CO 0.00 0.000 -0.32 -14.05 -14.05 Owner: 2101560 Weld County CIO Board of County Comm 1838272 12/20/2016 $4,919.07 Owner Relations Phone: 1 (866) 917-3700 E-mail: encanasupport@pdsei-corn Page 5 QRA Check Number: Check Date: Check Amount: Owner: 2101560 Weld County CIO Board of County Comm 1838272 12/20/2016 $4,919.07 Owner Relations Phone: 1 (866) 917-3700 E-mail: encanasupport@pdsei.com Well Number Property Name PC Entitlement Decimal SOD Price MCF Avg Price Wh MMBTU Well Gross Vol (mct) Well Gross Value $ Well Sev Tax $ Tax Type Cd Well Deducts $ Ded Cd Well Net Value $ Sales Date Coun b Int Type State MMBTU Avg Price BTU Factor Owner Vol (mcf) Owner Gross Value $ Owner Sev Tax $ Owner Deducts $ Owner Net Value $ 48523 STARKS 24-30 (C) 400 00072634900 46.21 0.00 8.40 388.18 388.18 12/01/2011 Weld RM CO 0.00 0.000 0.28 12.96 12.96 48523 STARKS 24-30 (C) 400 0.0072634900 46.21 0.00 -8.40 -388.18 -388.18 12/01/2011 Weld RM CO 0.00 0.000 -0.28 -13.02 -13.02 48523 STARKS 24-30 (C) 400 0.0072634900 23.79 0.00 7.72 183.67 183.67 10/01/2016 Weld RM CO 0.00 0.000 0.26 6.13 6.13 48523 - STARKS 24-30 (C) Subtotal: 41.84 0.00 1.38 40.46 53946 GURTLER 12-30 (N) 200 00072634900 4.23 32.68 32.68 138.11 11.08 03 127.03 07/01/2011 Weld RM CO 4.23 1.000 1.09 4.61 0.37 4.24 53946 GURTLER 12-30 (N) 200 0.0072634900 4.23 -34.58 -32.68 -138.11 -11.08 03 -12703 07/01/2011 Weld RM CO 3.99 1.058 -1.10 -4.63 -0.37 -4.26 53946 GURTLER 12-30 (N) 200 0.0072634900 4.26 34.26 34.26 145.66 11.52 03 134.34 58/0112011 Weld RM CO 4.26 1.000 1.14 4.87 0.38 4.49 53946 GURTLER 12-30 (N) 200 0.0072634900 4.26 -36.25 -34.26 -145.86 -11.52 03 -134.34 08/01/2011 Weld RM CO 4.02 1.058 -1.15 -4.89 -0.39 -4.50 53946 GURTLER 12-30 (N) 200 0.0072634900 3.88 30.31 30.31 117.64 9.80 03 107.84 09/01/2011 Weld RM CO 3.88 1.000 1.01 3.93 0.33 3.60 53946 GURTLER 12-30 (N) 200 0O072634900 3.88 -32.07 -30.31 -117.64 -9.80 03 -107.84 09/01/2011 Weld RM CO 3.67 1.058 -1.02 -3.94 -0.33 -3.61 53946 GURTLER 12-30 (N) 200 0.0072634900 3.68 32.86 32.86 121.06 10.93 03 110.13 10/01/2011 Weld RM CO 3.68 1.000 1.10 4.04 0.37 3.67 53946 GURTLER 12-30 (N) 200 0.0072634900 3.68 -34.77 -32.86 -121.06 -10.93 03 -110.13 10/01/2011 Weld RM CO 3.48 1.058 -1.10 -4.06 -0.37 -3.69 53946 GURTLER 12-30 (N) 200 0.0072634900 3.50 29.95 29.95 104.91 10.03 03 94.88 12/01/2011 Weld RM CO 3.50 1.000 1.00 3.50 0.33 3.17 53946 GURTLER 12-30 (N) 200 0.0072634900 3.50 -36.24 -29.95 •104.91 -10.03 03 -94.88 12/01/2011 Weld RM CO 2.89 1.210 -1.00 -3.52 -0.34 -3.18 53946 GURTLER 12-30 (N) 200 0.0072634900 2.92 20.44 20.44 59.74 7.46 03 52.28 10/01/2016 Weld RM CO 2.92 1.000 0.68 2.00 0.25 1.75 53946 GURTLER 12-30 (N) 400 0.0072634900 50.41 0.00 3.21 16182 161.82 07/01(2011 Weld RM CO 0.00 0.000 0.11 540 5.40 53946 GURTLER 12-30 (N) 400 0.0072634900 50.41 0.00 -3.21 -161.82 -161.82 07/01/2011 Weld RM CO 0.00 0.000 -0.11 -5.43 -5.43 53946 GURTLER 12-30 (N) 400 0.0072634900 47.45 0.00 3.24 153.74 153.74 08/01/2011 Weld RM CO 0.00 0.000 0.11 5.13 5.13 53946 GURTLER 12-30 (N) 400 0.0072634900 47.45 0.00 -3.24 -153.74 •153.74 08/01/2011 Weld RM CO 0.00 0.000 -0.11 -5.16 -5.16 53946 GURTLER 12-30 (N) 400 0.0072634900 50.60 0.0C 2.38 120.43 120.43 09/01/2011 Weld RM CO 0.00 0000 0.08 4.02 4.02 53946 GURTLER 12-30 (N) 400 0.0072634900 50.60 0.00 -2.38 -120.43 -120.43 09/01/2011 Weld RM CO 000 0.000 -0.08 4.04 -4.04 53946 GURTLER 12-30 (N) 400 00072634900 44.60 0.00 2.98 132.91 13291 10/01/2011 Weld RM CO 0.00 0.000 0.10 4.44 4.44 53946 GURTLER 12-30 (N) 400 00072634900 4460 0.00 -2.98 -132.91 -132.91 10/01/2011 Weld RM CO 0.00 0.000 -0.10 -4.46 -4.46 53946 GURTLER 12-30 (N) 400 0.0072634900 46.09 0.00 2.76 127.20 127.20 12/01/2011 Weld RM CO 0.00 0,000 0.09 4.25 4.25 53946 GURTLER 12-30 (N) 400 0.0072634900 46.09 0.00 -2.76 -127.20 -127.20 12/01/2011 Weld RM CO 0.00 0.000 -0.09 -4.27 -4.27 53946 GURTLER 12-30 (N) 400 0.0072634900 22.17 0.00 1.65 36.58 36.58 10/01/2016 Weld RM CO 0.00 0.000 0.05 1.22 1.22 53946 - GURTLER 12-30 (N) Subtotal: 3.01 0.00 0.23 2.78 55965 HALEY 8.2.22 (C) 200 0.0007718700 2.92 73.98 73.98 216.24 26.59 03 189.65 10/01/2016 Weld RM CO 292 1.000 036 1.02 0.12 0.90 55965 HALEY 8-2-22 (C) 300 0.0007718700 43.73 0.00 52.67 2.303.20 2.30320 10/01/2016 Weld RM CO 0.00 0.000 0.04 1.78 1.78 55965 HALEY 8-2-22 (C) 400 0.0007718700 21.57 0.00 7.39 159.42 159.42 10/01/2016 Weld RM CO 0.00 0.000 0.04 0.76 0.76 Page 6 Owner: 2101560 Weld County C/O Board of County Comm QRA Check Number: Check Date: Check Amount: Well Number Properly Name PC Entitlement Decimal SOD Pnce MCF Avg Price Wit MMBTU Well Gross Vol (ma) Well Gross Value $ Well Sev Tax $ Tax Type Cd Well Deducts $ Ded Cd Well Net Value $ Sales Date County Int Type State MMBTU Avg Price BTU Factor Owner Vol (mcf) Owner Gross Value $ Owner Sev Tax $ Owner Deducts $ Owner Net Value $ 55965 - HALEY 8-2-22 (C) Subtotal: 3.56 0.00 0.11 3.44 55966 HALEY 8-2-22 (N) 200 00007718700 292 73.98 7398 216.24 26.59 03 18965 10/01/2016 Weld RM CO 292 1.000 0.36 1.02 0.12 0.90 55966 HALEY 8-2-22 (N) 300 0.0007718700 43.73 0.0C 52.68 2.303.64 2,303.64 10/01/2016 Weld RM CO 0.00 0.000 0.04 1.78 1.78 55966 HALEY 8-2-22 (N) 400 0.0007718700 21.57 0.00 7.39 159.42 159.42 10/01/2016 Weld RM CO 0.00 0.000 0.04 0.76 0.76 55966 - HALEY 8-2-22 (N) Subtotal: 3.56 0.00 0.12 3.44 55983 HALEY 8-4-22 (C) 200 0.0003070300 2.92 78.55 78.55 229.59 28.55 03 201.04 10/01/2016 Weld RM CO 2.92 1.000 0.16 0.44 0.06 0.38 55983 HALEY 8-4-22 (C) 300 00003070300 43.73 0.00 46.48 2,032.52 2,032.52 10/01/2016 Weld RM CO 0.00 0.000 0.02 062 0.62 55983 HALEY 8-4-22 (C) 400 0.0003070300 23.77 0.0C 6.54 155.45 155.45 10/01/2016 Weld RM CO 0.00 0.000 0.02 0.30 0.30 55983 - HALEY 8-4-22 (C) Subtotal: 1.36 0.00 0.06 1.30 55985 HALEY 8-4-22 (N) 200 00003070300 2,92 88.33 88.33 258.19 32.11 03 226.08 10/01/2016 Weld RM CO 2.92 1.000 0.18 0.50 0.06 0.44 55985 HALEY 8-4-22 (N) 300 0.0003070300 43.73 0.0C 46.46 2,031.64 2,031.64 10/01/2016 Weld RM CO 000 0.000 0.02 0.62 062 55985 HALEY 8-4-22 (N) 400 0.0003070300 2376 0.0C 7.36 174.88 174.88 10/01/2016 Weld RM CO 000 0.000 0.02 0.34 0.34 55985 - HALEY 6-4-22 (N) Subtotal: 1.46 0.00 0.06 1.40 57080 ELMQUIST 2-4-23 (J) 200 00003859375 2.92 13.91 13.91 40.66 5.01 03 35.65 10/01/2016 Weld RM CO 2.92 1.000 0.02 0.08 0.02 0.06 57080 ELMQUIST 2-4-23 (J) 300 0.0003859375 4373 0.00 1.30 56.85 56.85 10/01/2016 Weld RM CO 000 0.000 0.00 0.02 0.02 57080 ELMQUIST 2.4.23(J) 400 0.0003859375 21.99 0.00 1.06 23.31 23.31 10/01/2016 Weld RM CO 000 0.000 0.00 0.04 0.04 57080- ELMOUIST 2-4-23 (J) Subtotal: 0.14 0.00 0.02 0.12 64400 GURTLER 2A -30H (N) 200 0.0048401882 2.92 794.28 794.28 2,321.63 291.61 03 2.030.02 10/012016 Weld RM CO 2.92 1.000 31.24 91.34 11.48 79.86 64400 GURTLER 2A -30H (N) 300 0.0048401882 43.73 0.00 1,486.68 65,010.88 65,010.88 10/01/2016 Weld RM CO 0.00 0.000 7.20 314.66 314.66 64400 GURTLER 2A -30H (N) 400 0.0048401882 22.45 0.00 73.77 1,656.44 1,656.44 10/01/2016 Weld RM CO 0.00 0.000 2.90 65.16 65.16 64400- GURTLER 2A -30H (N) Subtotal: 471.16 0.00: 11.48 459.68 67263 ELMOUIST 2-4-23 (C) 200 0.0003054688 2.92 59.2: 59.23 173.12 21.34 03 151,78 10/01/2016 Weld EM CO 2.92 1.000 0.10 0.30 0.04 0.26 67263 ELMQUIST 2-4-23 (C) 300 0.0003054688 43.73 0.00 19.49 852.28 852.28 10/01/2016 Weld RM CO 0.00 0.000 0.00 0.26 0.26 67263 ELMOUIST 2.4.23 (C) 400 0.0003054688 21.98 0.00 4.51 99.13 99.13 10/01/2016 Weld EM CO 0.00 0.000 0.00 0.16 0.16 67263 • ELMQUIST 2-4-23 (C) Subtotal. 0.72 0.00 0.04 0.68 67264 ELMQUIST 2-4-23 (N) 200 0.0003054688 2.92 59.23 59.23 173.12 21.34 03 151.78 10/01/2016 Weld RM CO 2.92 1.000 0.10 0.30 0.04 0.26 67264 ELMQUIST 2-4-23 (N) 300 0.0003054688 43.73 000 19.47 851.40 851.40 10/01/2016 Weld EM CO 0.00 0.000 0.00 0.26 0.26 • 67264 ELMQUIST 2-4-23 (N) 400 0.0003054688 21.98 0.00 4.51 99.13 99.13 10/01/2016 Weld RM CO 0.00 0.000 0.00 0.16 0.16 67264 - ELMQUIST 2-4-23 (N) Subtotal: 0.72 000 0.04 0.68 68144 ELMQUIST 21-23 (C) 200 0.0007718700 2.92 62.71 62.71 18331 2260 03 160.71 10/01/2016 Weld EM CO 2.92 1.000 0.26 0.78 0.10 068 68144 ELMOUIST 21-23 (C) 300 0.0007718700 43.73 0.00 19.62 857.96 857.96 10/01/2016 Weld RM CO 0.00 0.000 0.02 0.66 0.66 68144 ELMQUIS721-23 (C) 400 0.0007718700 22.00 0.00 4.77 104.94 104.94 10/01/2016 Weld RM CO 0.00 0.000 0.02 044 0.44 68144 - ELMQUIST 21-23 (C) Subtotal: 1.88 0.00 0.10 1.78 1838272 12/20/2016 $4,919.07 Owner Relations Phone: 1 (866) 917-3700 E-mail: encanasupport@pdsei.com Page 7 QRA Check Number: Check Date: Check Amount: Owner: 2101560 Weld County CIO Board of County Comm 1838272 12/20/2016 $4,919.07 Owner Relations Phone: 1 (866) 917-3700 E-mail: encanasupport@pdsei.com Well Number Properly Name PC Entdlement Decimal SOD Price MCF Avg Price WI1 MMBTU Well Gross Vol (met) Well Gross Value $ Well Sev Tax $ Tax Type Cd Well Deducts $ Ded Cd Well Net Value $ Sales Date CourtlyInt Type State MMBTU Avg Price BTU Factor Owner Vol (met) Owner Gross Value $ Owner Sev Tax $ Owner Deducts $ Owner Net Value S 68145 ELMQUIST 21-23 (N) 200 0.0007718700 292 55.74 55.74 162.94 2009 03 142.85 10/01/2016 Weld RM CO 2.92 1.000 0.24 0.70 0.08 0.62 68145 ELMQUIST 21-23 (N) 300 0.0007718700 43.73 0.00 19.60 857.09 857.09 10/01/2016 Weld RM CO 0.00 0.000 0.02 0.66 0.66 68145 ELMQUIST 21-23 (N) 400 0.0007718700 22.00 0.00 4.24 93.28 93.28 10/01/2016 Weld RM CO 0.00 0.000 0.02 0.40 0.40 68145 - ELMQUIST 21-23 (N) Subtotal: 1.76 0.00 0.08 1.68 69756 GURTLER 2B -30H (N) 200 0.0048401882 2.92 817.48 817.48 2,389.45 300.13 03 2,089.32 10/01/2016 Weld RM CO 2.92 1.000 32.16 94.00 11.80 82.20 69756 GURTLER 2B -30H (N) 300 0.0048401882 43.73 0.00 1.721.30 75,270.58 75,270.56 10/01/2016 Weld RM CO 0.00 0.000 8.34 364.32 364.32 69756 GURTLER 2B -30H (N) 400 0.0048401882 22.46 0.00 75.92 1.704.85 1,704.85 10/01/2016 Weld RM CO 0.00 0.000 2.98 67.06 67.06 69756 - GURTLER 2B -30H (N) Subtotal: 525.38 0.00 11.80 513.58 73698 RODMAN BRUNTZ 2E -26H -C266 (N) 200 0.0207374228 2.92 1.623.70 1,623.70 4,746.02 594.86 03 4,151.16 10/01/2016 Weld RM CO 2.92 1.000 285.02 833.10 104.42 728.68 73698 RODMAN BRUNTZ 2E -26H -C266 (N) 300 00207374228 43.73 0.00 2,284.41 99,894.74 99,894.74 10/01/2016 Weld RM CO 0.00 0.000 47.37 2.071.56 2,071.56 73698 RODMAN BRUNTZ 2E -26H -C266 (N) 400 0.0207374228 22.28 0.0C 154.83 3,449.71 3,449.71 10/01/2016 Weld RM CO 0.00 0.00C 27.18 605.55 605.55 73698- RODMAN BRUNTZ 2E -26H -C266 (N) Subtotal: 3,510.21 0.00 104.42 3,405.79 74006 GRANT ELMQUIST 2A-1411 C268 (N) 200 0.0002572917 2.92 2,473 36 2.473.36 7,229.54 900.77 03 6.328.77 10/01/2016 Weld RM CO 292 1.000 4.24 12.38 1.54 10.84 74006 GRANT ELMQUIST 2A-1411 C268 (N) 200 0.0000037760 2.92 2,473.36 2,473.36 7.229.54 900.77 03 6.328.77 10/01/2016 Weld RM CO 2.92 1.000 0.06 0.18 0.02 0,16 74006 GRANT ELMOUIST 2A -14H C268 (N) 300 0.0002572917 43.73 0.00 1,642.82 71.838.71 71,838.71 10/01/2016 Weld RM CO 000 0.000 0.42 18.48 1848 74006 GRANT ELMQUIST 2A -14H C268 (N) 300 0.0000037760 43.73 0.0C 1,642.82 71.838.71 71.838.71 10/01/2016 Weld RM CO 0.00 0.000 0.01 0.27 0.27 74006 GRANT ELMQUIST 2A -14H C268 (N) 400 00002572917 22.92 0.00 230.59 5,284.11 5.284.11 10/01/2016 Weld RM CO 0.00 0.000 0.40 9.04 9.04 74006 GRANT ELMQUIST 2A -14H C268 (N) 400 0.0000037760 2292 0.00 230.59 5,284.11 5.284.11 10/01/2016 Weld RM CO 0.00 0.000 0.01 0.13 0.13 74006 - GRANT ELMQUIST 2A -14H C268 (N) Subtotal: 40.48 0.00 1.56 38.92 74007 GRANT ELMQUIST 2B -14H C268 (C) 200 00005145833 2.92 2.862.12 2.862.12 8.365.85 1,042.35 03 7,323.50 10/01/2016 Weld RM CO 2.92 1.000 9.04 26.42 3.30 23.12 74007 GRANT ELMQUIST 2B -14H C268 (C) 300 0.0005145833 43.73 0.00 2,075.84 90 774.20 90,774.20 10/0112016 Weld RM CO 0.00 0.000 1.06 46.72 46.72 74007 GRANT ELMQUIST 26-1411 C268 (C) 400 0.0005145833 22.92 0.00 266.83 6,114.66 6.114.66 10/01/2016 Weld RM CO 0.00 0.000 084 19.32 19.32 74007 - GRANT ELMOUIST 2B -14H C268 (C) Subtotal: 92.46 000 3.30 89.16 74008 GRANT ELMQUIST 2C -14H C268 (N) 200 0.0002572917 2.92 2,212.08 2.212.06 6,465.75 805.60 03 5,660.15 10/01/2016 Weld RM CO 292 1.000 3.32 9.70 1.20 8.50 74008 GRANT ELMQUIST 2C -14H C268 (N) 300 0.0002572917 43.73 000 1,252.12 54,753.83 54,753.83 10/01/2016 Weld RM CO 0.00 0.000 0.32 14.08 14.08 74008 GRANT ELMQUIST 2C -14H C268 (N) 400 0.0002572917 2292 0.00 206.23 4,725.86 4.725.86 10/01/2016 Weld RM CO 0.00 0.000 0.30 7.10 7.10 74008- GRANT ELMQUIST 2C -14H C268 (N) Subtotal: 30.88 0.00 1.20 29.68 74009 GRANT ELMQUIST 2D -14H C268 (C) 200 00002572917 292 2,905.37 2,905.37 8,492.27 1,058.10 03 7,434.17 10/01/2016 Weld RM CO 2.92 1.000 4.36 12.74 1.58 11.16 74009 GRANT ELMQUIST 2D -14H C268 (C) 300 0.0002572917 43.73 0,OC 1.607.87 70.310.39 70,310.39 10/01/2016 Weld RM CO 0.00 0.000 0.42 18.10 18.10 74009 GRANT ELMQUIST 2D -14H C268 (C) 400 0.0002572917 22.92 0.0C 270.86 6,207.05 6.207.05 10/01/2016 Weld RM CO 0.00 0.000 0.40 9.32 9.32 74009 - GRANT ELMQUIST 2D -14H C268 (C) Subtotal: 40.16 0.00 1.58 38.58 74019 GRANT ELMQUIST 2E -14H C268 (N) 200 0.0002572917 2.92 2.075.31 2,075.31 6,066.04 755.80 03 5,310.24 10/01/2016 Weld RM CO 2.92 1.000 3.12 9.10 1.14 7,96 Page 8 Owner: 2101560 Weld County CIO Board of County Comm ORA Check Number: Check Date: Check Amount: Well Number Property Name PC Entitlement Decimal SOD Price MCF Avg Price WMMBTU ft Well Gross Vol (mct) Well Gross Value $ Well Sev Tax $ Tax Type Cd Well Deducts $ Ded Cd Well Net Value $ Sales Date County lot Type Stale MMBTU Avg Price BTU Factor Owner Vol (mc1) Owner Gross Value $ Owner Sev Tax $ Owner Deducts $ Owner Net Value $ 74019 GRANT ELMQUIST 2E -14H C268 (N) 300 0.0002572917 43.73 0.00 1,329.53 58,138.88 58,138.88 10/01/2016 Weld RM CO 0.00 0.000 0.34 14.96 14.96 74019 GRANT ELMQUIST 2E-1411 C268 (N) 400 0.0002572917 22.92 0.00 193.48 4,433.71 4,433.71 10/01/2016 Weld RM CO 0.00 0.000 0.30 6.66 666 74019 - GRANT ELMQUIST 2E -14H C268 (N) Subtotal: 30.72 0.00 1.14 29.58 74022 GRANT SALISBURY 2A -14H (C) 200 0.0005765000 2.92 2,135.56 2,135.56 6.242.15 776.26 03 5,465.89 10/01/2016 Weld RM CO 2.92 1000 8.65 25.28 3.14 22.14 74022 GRANT SALISBURY 2A -14H (C) 300 0.0005765000 43.73 0.00 2,203.15 96,341.33 96.341.33 10/01/2016 Weld RM CO 0.00 0.000 1.27 55.54 55.54 74022 GRANT SALISBURY 2A-1411 (C) 400 0.0005765000 22.88 0.00 197.64 4,522.45 4,522.45 10/01/2016 Weld RM CO 0.00 0.000 080 18.31 18.31 74022 - GRANT SALISBURY 2A -14I -1(C) Subtotal: 99.13 0.00 3.14 95.99 74023 GRANT SALISBURY 20-14H (C) 200 0.0005765000 2.92 1,533 87 1.533.87 4,483.44 558.62 03 3,924.82 10/01/2016 Weld RM CO 2.92 1.000 621 18.15 2.26 15.89 74023 GRANT SALISBURY 25-14H (C) 300 0.0005765000 43.73 0.00 765.13 33,458.29 33.458.29 10/01/2016 Weld RM CO 0.00 0.000 044 19.29 19.29 74023 GRANT SALISBURY 20-14H (C) 400 0.0005765000 22.92 0.0C 143.00 3,276.96 3,276.96 10/01/2016 Weld RM CO 0.00 0.000 0.58 13.27 13.27 74023 - GRANT SALISBURY 2B -14H (C) Subtotal: 50.71 0.00 2.26 48.45 74877 BOYD 3G -191-M368 (N) 200 0.0001624654 2.92 199.23 199.23 582.33 73.93 03 508.40 10/01/2016 Weld UR CO 292 1.000 0.75 2.19 0.28 1.91 74877 BOYD 3G -19i1 -M368 (N) 300 0.0001624654 43.73 0.00 985.18 43,080.84 43,080.84 10/01/2016 Weld UR CO 000 0.000 0.16 7.00 7.00 74877 BOYD 3G -1911-M368 (N) 400 0.0001624654 23.18 0.00 23.33 540.81 540.81 10/01/2016 Weld UR CO 000 0.000 0.09 2.04 2.04 74877 - BOYD 3G -1911-M368 (N) Subtotal: 11.23 0.00 028 10.95 760747 GURTLER 1 (J) 200 0.0072635000 2.92 70.13 70.13 205.00 25.61 03 179.39 10/01/2016 Weld RM CO 2.92 1.000 2.83 0.28 1.04 7.24 760747 GURTLER 1 (J) 400 0.0072635000 22.21 0.00 5.65 125.50 125.50 10/01/2016 Weld RM CO 0.00 0.000 0.23 5.07 5.07 760747 - GURTLER 1 (J) Subtotal: 13.35 0.00 1.04 12.31 760976 ELMQUIST 11-23 (J) 200 0.0003859000 4.23 66.94 66.94 282.93 22.62 03 260.31 07/01/2011 Weld RM CO 4.23 1.000 0.12 0.50 0.04 0.46 760976 ELMQUIST 11.23 (J) 200 0.0003859000 4.23 -70.82 -66.94 -28293 -22.62 03 -260.31 07/01/2011 Weld RM CO 4.00 1.056 -0.12 -0.51 -0.04 -0.47 760976 ELMQUIST 11-23 (J) 200 00003859000 4.26 64.10 64.10 27288 21.48 03 251.40 08/01/2011 Weld RM CO 4.26 1.000 0.11 0.49 0.04 0.45 760976 ELMQUIST 11-23 (J) 200 0.0003859000 4.26 -67.82 -64.10 -27288 -21.48 03 -251.40 08/01/2011 Weld RM CO 4.02 1.058 -0.12 -0.48 -0.04 -0.44 760976 - ELMQUIST 11 23 (J) Subtotal: 0.00 0.00 0.00 0.00 761329 BANGERT 33.19 (J) 200 0.0011016000 2.92 25.87 25.87 75.63 9.34 03 66.29 10/01/2016 Weld RM CO 2.92 1.000 0.17 049 0.06 0.43 761329 BANGERT 33-19 (J) 400 0.0011016000 25.75 0.0C 1.51 38.88 38.88 10/01/2016 Weld RM CO 0.00 0.000 0.01 0.25 0.25 761329 BANGERT 33-19 (J) Subtotal: 0.74 0.00 0.06 0.68 761381 BANGERT 32-19 (J) 200 0.0011016000 2.92 42.11 42.11 12309 1521 03 107.88 10/01/2016 Weld RM CO 292 1.00 0.27 080 0.10 070 761381 BANGERT 32.19 (J) 400 0.0011016000 2574 0. 2.46 63.31 63.31 10/01/2016 Weld RM CO 0.00 0.00 0.02 0.41 0.41 761381 BANGERT 32 19 (J) Subtotal 1.21 0.00 0.10 1.11 761437 BANGERT 44-19 (J) 200 0.0011016000 2.92 37.91 37.91 110.62 1369 03 97.13 10/01/2016 Weld RM CO 292 1.000 0.25 0.72 0.09 0.63 761437 BANGERT 44-19 (J) 400 0.0011016000 25.67 0.00 2.22 56.99 56.99 10/01/2016 Weld RM CO 000 0.000 001 0.37 0.37 761437 BANGERT 44-19 (J) Subtotal: 1.09 0.00 0.09 1.00 761620 ELMQUIST 1 (J) 200 0.0003859000 292 20.60 20.60 60.21 7.42 03 5279 10/01/2016 Weld RM CO 2.92 1.000 0.04 0.11 0.01 0.10 1838272 12/20/2016 $4,919.07 Owner Relations Phone: 1 (866) 917-3700 E-mail: encanasupport@pdsei.com Page 9 Owner: 2101560 Weld County CIO Board of County Comm ORA Check Number: 1838272 Check Date: 12/20/2016 Check Amount: $4,919.07 Well Number Property Name PC Entitlement Decimal SOD Price MCF Avg Price Wh MMBTU Well Gross Vol (mcf) Well Gross Value S Well Sev Tax $ Tax Type Cd Well Deducts $ Dud Cd Well Net Value $ Sales Date Count y Int Type Slate MMBTU Avg Price BTU Factor Owner Vol (mc1) Owner Gross Value S Owner Sev Tax $ Owner Deducts 8 Owner Net Value $ 761620 ELMQUIST 1 (J) 300 0.0003859000 4373 0.00 0.86 37.61 37.61 10/01/2016 Weld RM CO 0.00 0.000 0.00 0.01 0.01 761620 ELMQUIST 1 (J) 400 0.0003859000 21.96 O.00 1.57 34.48 34.48 10/01/2016 Weld RM CO 0.00 0.000 0.00 0.06 0.06 761620 - ELMQUIST 1 (J) Subtotal: 0.18 0.00 0.01 0.17 761778 BANGERT 3-19 (J) 200 0,0011016000 2.92 39.1C 39.10 114.31 14.13 03 100.18 10/01/2016 Weld RM CO 2.92 1.000 026 0.75 0.09 0.66 761778 BANGERT 3-19 (J) 400 0.0011016000 25.67 0.0C 2.29 58.78 58.78 10/01/2016 Weld RM CO 0.00 0.000 0.01 0.38 0.38 761778 - BANGERT 3-19 (J) Subtotal: 1.13 0.00 0.09 1.04 761888 BANGERT 43-19 (J) 200 0.0011016000 2.92 38.55 38.59 112.78 13.93 03 98.85 10/01/2016 Weld RM CO 2.92 1.000 0.25 0.74 0.09 0.65 761888 BANGERT 43-19 (J) 400 0.0011016000 25.65 0.0C 2.26 57.97 57.97 10/01/2016 Weld RM CO 000 o.00c 0.01 0.38 0.38 761888 BANGERT 43-19 (J) Subtotal: 1.12 0.00 0.09 1.03 762559 ELMQUIST 12-23 (J) 200 0.0003859000 2.92 5.92 592 17.31 2.21 03 15.10 10/01/2016 Weld RM CO 2.92 1.000 0.01 0.03 0.00 0.03 762559 ELMQUIST 12-23 (J) 300 00003859000 43.73 0.0C 2.05 89.64 89.64 10/01/2016 Weld RM CO 0.00 0.000 0.00 0.03 0.03 762559 ELMQUIST 12-23 (J) 400 0.0003859000 23.78 0.0C 0.74 17.60 17.60 10/01/2016 Weld RM CO 0.00 0.000 0.00 0.03 0.03 762559 - ELMQUIST 12-23 (J) Subtotal: 0.09 0.00 0.00 0.09 762839 BANGERT 34-19 (J) 200 00011016000 2.92 88.77 88.77 259.48 32.06 03 227.42 10/01/2016 Weld RM CO 2.92 1.000 0.58 1.69 0.21 1.48 762839 BANGERT 34-19 (J) 400 0.0011016000 25.70 0.00 519 133.40 133.40 10/01/2016 Weld RM CO 0.00 0.000 0.03 0.87 0.87 762839 BANGERT 34-19 (J) Subtotal: 2.56 0.00 0.21 2.35 763061 BANGERT 2-19 (J) 200 0.0011016000 2.92 170.33 170.33 497.87 61.59 03 436.28 10/01/2016 Weld RM CO 2.92 1.000 1.11 3.25 0.40 2.85 763061 BANGERT 2-19 (J) 400 0.0011016000 25.69 0.00 9.81 252.00 252.00 10/01/2016 Weld RM CO 0.00 0.000 0.06 1.64 1.64 763061 - BANGERT 2-19 (J) Subtotal: 4.89 0.00 0.40 4.49 763704 GURTLER 12-30 (J) 200 0O072634900 3.50 111.68 111.68 391.18 37.38 03 353.80 12/01/2011 Weld RM CO 3.50 1.000 4.53 15.85 1.52 14.33 763704 GURTLER 12-30 (J) 200 0.0072634900 3.50 -135.13 -111.68 -391.18 -3738 03 -353.80 12/012011 Weld RM CO 2.89 1.210 -4.53 -15.85 -1.51 -14.34 763704 GURTLER 12-30 (J) 200 00072634900 292 76.27 76.27 222.94 27.84 03 195.10 10/01/2016 Weld RM CO 2.92 1.000 3.09 9.04 1.13 7.91 763704 GURTLER 12.30 (J) 400 0.0072634900 22.19 0.00 6.15 136.47 136.47 10/01/2016 Weld RM CO 0.00 0.000 0.25 5.53 5.53 763704 GURTLER 12-30 (J) Subtotal: 14.57 0.00 1.14 13.43 Current Check Totals: 5,070.41 0.00 0.00 151.34 4,919.07 Year to Date Totals: 56,340.93 -60.75 0.00 1,965.78 54,435.90 Owner Relations Phone: 1 (866) 917-3700 E-mail: encanasupport@pdsei.com Page 10 Hello