The URL can be used to link to this page

Browse Search

Home My WebLink About20153760.tiff 000 0000196 00000000 001 017 15 ins-n n Page 1 of 17 (6., IMMO" Owner Revenue Statement Owner Number/Owner Name Operator Payment 43444 PDC Energy Type Check WELD COUNTY BOARD OF COMM PO Box 26 PO BOX 758 Bridgeport,WV 26330 Number 888401 , ( •••GREELEY,CO 80632-0758 (888)860-5836(Royalty Hotline) Date 11/24/2015 "n.'"'- • www.pdce.com Amount $449.22 TM'" Total Property Values Owner Share I r .I,:n n. G,a Tir , +. G`1 .n,._i. P,. � �, Tarr,: Dc.� ;ma� i, i Int 1, �u:r•- Property 8/Nerve/ST/County, 105 000908 Silva 1 CO WELD Sep-15 G 1.093 657.00 2.55 1672.41 -43.92 0.00477602 RI 3.14 7.99 FLP -0.21 -204.90 1921.23 POP -0.98 9.15 Sep-15 0 130.01 35.56 4623.71 4623.71 0.00477602 RI 0.62 22.08 22.08 Sep-15 P 2282.75 0.40 921.54 -115.10 1036.64 0.00477602 RI 10.90 4.40 POP -0.55 4.95 Property 8/Name/ST/County: 105.000909 Silva 23-6 CO WELD Sep-15 G 1.095 253.00 2.55 644.60 -16.93 0.00477602 RI 1.21 3.08 FLP -0.08 -78.97 740.50 POP -0.38 3.54 Sep-15 0 50.91 35.56 1810.58 1810.58 0.00477602 RI 0.24 8.65 8.65 Sep-15 P 879.85 0.40 355.19 -44.36 399.55 0.00477602 RI 4.20 1.70 POP -0.21 1.91 Property 8/Name/ST/County: 105.003113 Rudolph 2-34 CO HELD Sep-15 G 1.090 501.00 2.08 1040.31 -97.59 0.00615625 RI 3.08 6.40 FLP -0.60 -123.03 1260.93 POP -0.76 7.76 Sop-15 O 55.54 35.57 1975.29 1975.29 0.00615625 RI 0.34 12.16 12.16 Sep-15 P 2707.92 0.18 489.30 -58.66 547.96 0.00615625 RI 16.67 3.01 POP -0.36 3.37 Property 8/Name/ST/County: 105.003118 Rudolph 2-33 CO WELD Sep-15 G 1.089 764.00 2.08 1585.60 -148.74 0.00615625 RI 4.70 9.76 FLP -0.92 -187.52 1921.86 POP -1.15 11.83 Sep-15 0 118.59 35.57 4217.68 4217.68 0.00615625 RI 0.73 25.97 25.97 Sep-15 P 4127.32 0.18 745.77 -89.40 835.17 0.00615625 RI 25.41 4.59 POP -0.55 5.14 Property 8/Nerve/ST/County: 105.007425 Nelson 11-33 SS CO WELD Sep-15 G 1.089 610.00 1.89 1154.38 -118.51 0.00042188 RI 0.26 0.49 FLP -0.05 -149.74 1422.63 POP -0.06 0.60 Sap-15 P 2674.65 0.21 556.80 -66.84 623.64 0.00042188 RI 1.13 0.23 POP -0.03 0.26 I Tax and Deduction Codes: FLP Fuel Components in Price POP Percent of Proceeds Components MST Merit Class Action Settlement RECEIVED Tp t ---. gg 1-1 5.9) . . . . !Product(PRO)Codes: O=Oil(BBL) G=Gas(MCF) C=Condensate(BBL) P=Plant Product(Gallons) !Interest Types: OR=Overriding Royalty RI=Royalty Interest WI=Working Interest tiV�l EL Comments: COMMI sr. OSIIOu ER I Merit Settlement-Royalties on natural gas and natural gas liquids produced from wells previously operated by Merit Energy,located in Weld,Adams and Boulder counties,Colorado,have been calculated as provided by the final judgment of the Anderson vs.Merit class action settlement. To comply with the judgment,the actual dollar amount of sales proceeds received by PDCE from these wells has been increased by 18.75%as indicated with the component labeled"MST",and the total increased value is utilized as the basis for calculating the net royalties paid to you. The calculation of royalties for any other existing PDC operated wells continues under existing procedures and in compliance with any existing Settlement or lease terms,and industry or statutory requirements. 2015-3760 Page 2 of 17 Owner Revenue Statement Owner Number/Owner Name Operator Payment 43444 PDC Energy Type Check WELD COUNTY BOARD OF COMM PO Box 26 PO BOX 758 Bridgeport,WV 26330 Number 888401 ; GREELEY,CO 80632-0758 (888)860-5836(Royalty Hotline) Date 11/24/2015 . • www.pdce.com Amount $449.22 4',� • Total Property Values Owner Share ri,, Property 9/Name/ST/County: 105.007426 Nelson 21-33 J8 CO WELD Sep-15 G 1.089 610.00 1.89 1154.12 -118.49 0.00042188 RI 0.26 0.49 FLP -0.05 -149.71 1422.32 POP -0.06 0.60 Sep-15 P 2674.03 0.21 556.68 -66.83 623.51 0.00042188 RI 1.13 0.23 POP -0.03 0.26 Property 4/Name/ST/County: 105.007427 Nelson 31-33 JS CO WELD Sep-15 G 1.089 757.00 1.89 1433.02 -146.97 0.00042188 RI 0.32 0.60 FLP -0.06 -185.87 1765.86 POP -0.08 0.74 Sep-15 0 6.12 35.56 217.65 217.65 0.00042188 RI 0.09 0.09 Sep-15 P 2898.62 0.19 563.96 -67.66 631.62 0.00042188 RI 1.22 0.24 POP -0.03 0.27 Property 4/Name/ST/County: 105.007429 Nelson 42-33 JS CO WELD Sep-15 G 1.088 746.00 1.89 1412.67 -144.88 0.00042188 RI 0.31 0.60 FLP -0.06 -183.23 1740.78 POP -0.08 0.74 Sep-15 0 6.12 35.56 217.65 217.65 0.00042188 RI 0.09 0.09 Sep-15 P 2857.45 0.19 555.95 -66.70 622.65 0.00042188 RI 1.21 0.23 POP -0.03 0.26 Property 9/Name/ST/County: 105.008758 Kinzer 28LD NBCD CO WELD Sep-15 G 1.090 412.00 1.89 780.23 -80.15 0.00084375 RI 0.35 0.66 FLP -0.07 -101.22 961.60 POP -0.09 0.82 Sep-15 P 1825.41 0.20 368.42 -44.21 412.63 0.00084375 RI 1.54 0.31 POP -0.04 0.35 Property 4/Name/ST/County: 105.060052 J NELSON 33-23 CO WELD Sep-15 G 1.089 757.00 1.89 1433.64 -147.03 0.00042190 RI 0.32 0.60 FLP -0.06 -185.95 1766.62 POP -0.08 0.74 Sep-15 0 384.60 35.57 13678.38 13678.38 0.00042190 RI 0.16 5.77 5.77 Sap-15 P 2899.87 0.19 564.20 -67.69 631.89 0.00042190 RI 1.22 0.24 POP -0.03 0.27 Property 9/Name/ST/County: 105.060096 MOSER 34-33 CO WELD Sep-15 G 1.091 252.00 2.08 524.05 -49.26 0.00367303 RI 0.93 1.92 FIB -0.18 -61.95 635.26 POP -0.23 2.33 Sep-15 P 1539.13 0.18 282.85 -33.92 316.77 0.00367303 RI 5.65 1.04 POP -0.12 1.16 Property 9/Name/ST/County: 105.060102 OSTER 10-1 CO WELD Sep-15 G 1.088 227.00 2.08 471.24 -44.28 0.00142030 RI 0.32 0.67 FLP -0.06 -55.72 571.24 POP -0.08 0.81 Sep-15 0 74.42 37.78 2811.66 2811.66 0.00142030 RI 0.11 3.99 3.99 Sop-15 P 1367.66 0.22 295.08 -35.43 330.51 0.00142030 RI 1.94 0.42 POP -0.05 0.47 Property 4/Name/ST/County: 105.060103 OSTER 10-2 CO WELD Sep-15 C 1.083 48.00 2.08 99.71 -9.37 0.00142030 RI 0.07 0.14 FLP -0.01 -11.79 120.87 POP -0.02 0.17 Sep-15 0 26.37 37.78 996.28 996.28 0.00142030 RI 0.04 1.42 1.42 I Sap-15 P 289.38 0.22 62.44 -7.50 69.94 0.00142030 RI 0.41 0.09 POP -0.01 0.10 Property 4/Name/ST/County: 105.090364 Gold 11-9DU NBC° CO WELD Nov-09 G -2101.00 4.94 -10374.24 54.36 0.00818750 RI -17.20 -84.94 FLP 0.45 152.10 -10580.70 POP 1.25 -86.64 Nov-09 G 2101.00 4.94 10374.24 -54.36 0.00818750 RI 17.20 84.94 FLP -0.45 -152.10 10580.70 POP -1.25 86.64 4 Nov-09 0 -599.97 72.15 -43284.88 -43284.88 0.00818750 RI -4.91 -354.39 -354.39 Nov-09 0 599.97 72.15 43284.88 43284.88 0.00818750 RI 4.91 354.39 354.39 Dec-09 G -1082.00 5.61 -6075.07 36.56 0.00818750 RI -8.86 -49.73 PLO 0.30 87.46 -6199.09 POP 0.72 -50.75 Dec-09 G 1082.00 5.61 6075.07 -36.56 0.00818750 RI 8.86 49.73 FLP -0.30 -87.46 6199.09 POP -0.72 50.75 Doc-09 O -387.33 68.60 -26572.15 -26572.15 0.00818750 RI -3.17 -217.55 -217.55 Dec-09 0 387.33 68.60 26572.15 26572.15 0.00818750 RI 3.17 217.55 217.55 Jan-10 G -4543.00 6.61 -30030.96 184.49 0.00818750 RI -37.20 -245.88 FLP 1.51 436.73 -30652.18 POP 3.58 -250.97 Jan-10 C 4543.00 6.61 30030.96 -184.49 0.00818750 RI 37.20 245.88 FLP -1.51 -436.73 30652.18 POP -3.58 250.97 Jan-10 0 -697.46 72.40 -50497.72 -50497.72 0.00818750 RI -5.71 -413.45 -413.45 Jan-10 0 697.46 72.40 50497.72 50497.72 0.00818750 RI 4.71 413.45 413.45 Feb-10 G -1889.00 6.37 -12031.63 67.21 0.00818750 RI -15.47 -98.50 FLP 0.55 176.39 -12275.23 POP 1.44 -100.49 Feb-10 G 1889.00 6.37 12031.63 -67.21 0.00818750 RI 15.47 98.50 FLP -0.55 -176.39 12275.23 POP -1.44 100.49 Feb-10 0 -160.33 70.45 -11295.95 -11295.95 0.00818750 RI -1.31 -92.48 -92.48 Feb-10 0 160.33 70.45 11295.95 11295.95 0.00818750 RI 1.31 92.48 92.48 Mar-10 C -3391.00 5.43 -18396.90 95.83 0.00818750 RI -27.76 -150.62 FLP 0.78 269.71 -18762.44 POP 2.21 -153.61 Mar-10 C 3391.00 5.43 18396.90 -95.83 0.00818750 RI 27.76 150.62 FLP -0.78 -269.71 18762.44 POP -2.21 153.61 Mar-10 0 -344.32 75.29 -25923.92 -25923.92 0.00818750 RI -2.82 -212.25 -212.25 Mar-10 0 344.32 75.29 25923.92 25923.92 0.00818750 RI 2.82 212.25 212.25 Apr-10 C -3774.00 4.75 -17942.16 86.16 0.00818750 RI -30.90 -146.90 FLP 0.71 263.04 -18291.36 POP 2.15 -149.76 Apr-10 C 3774.00 4.75 17942.16 -86.16 0.00818750 RI 30.90 146.90 FLP -0.71 -263.04 18291.36 POP -2.15 149.76 Apr-10 0 -328.00 78.57 -25772.49 -25772.49 0.00818750 RI -2.69 -211.01 -211.01 Apr-10 0 328.00 78.57 25772.49 25772.49 0.00818750 RI 2.69 211.01 211.01 Page 3 of 17 CEILill Owner Revenue Statement Owner Number/Owner Name Operator Payment 43444 PDC Energy Type Check WELD COUNTY BOARD OF COMM PO Box 26 PO BOX 758 Bridgeport,WV 26330 Number 888401 •+ . GREELEY,CO 80632-0758 (888)860-5836(Royalty Hotline) Date 11/24/2015 ` —• www.pdce.com Amount 3449.22 tit'• Total Property Values Owner Share May-10 G -4547.00 4.61 -20945.64 88.82 0.00818750 AI -37.23 -171.50 FLP 0.73 307.07 -21341.53 POP 2.51 -174.74 May-10 G 4547.00 4.61 20945.64 -88.82 0.00818750 RI 37.23 171.50 FLP -0.73 -307.07 21341.53 POP -2.51 174.74 May-10 0 -320.94 68.12 -21861.69 -21861.69 0.00818750 RI -2.63 -179.00 -179.00 May-10 0 320.94 68.12 21861.69 21861.69 0.00818750 RI 2.63 179.00 179.00 Jun-10 G -4550.00 4.57 -20778.22 78.75 0.00818750 RI -37.25 -170.12 FLP 0.64 304.62 -21161.59 POP 2.49 -173.25 Jun-10 G 4550.00 4.57 20778.22 -78.75 0.00818750 RI 37.25 170.12 FLP -0.64 -304.62 21161.59 POP -2.49 173.25 Jun-10 0 -484.57 69.40 -33631.52 -33631.52 0.00818750 RI -3.97 -275.36 -275.36 Jun-10 0 484.57 69.40 33631.52 33631.52 0.00818750 RI 3.97 275.36 275.36 Jul-10 G -4334.00 4.80 -20820.74 76.50 0.00818750 RI -35.48 -170.47 FLP 0.63 305.24 -21202.48 POP 2.50 -173.60 Jul-10 G 4334.00 4.80 20820.74 -76.50 0.00818750 RI 35.48 170.47 FLP -0.63 -305.24 21202.48 POP -2.50 173.60 Jul-10 0 -303.94 70.38 -21392.42 -21392.42 0.00818750 RI -2.49 -175.15 -175.15 Jul-10 0 303.94 70.38 21392.42 21392.42 0.00818750 RI 2.49 175.15 175.15 Aug-10 G -4104.00 4.68 -19199.24 67.45 0.00818750 RI -33.60 -157.19 FLP 0.55 281.47 -19548.16 POP 2.30 -160.04 -0.55 2.30 160.04 -183.49 Aug-10 G 4104.00 4.68 19199.24 -67.45 0.00818750 RI 33.60 157.19 FLP -281.47 19548.16 POP - Aug-10 0 -317.15 70.67 -22411.68 -22411.68 0.00818750 RI -2.60 -183.49 Aug-10 0 317.15 70.67 22411.68 22411.68 0.00818750 RI 2.60 183.49 183.49 sop-10 G -3779.00 4.02 -15176.33 46.77 0.00818750 RI -30.94 -124.26 PLP 0,38 222.49 -15445.59 POP 1.82 -126.46 Sep-10 G 3779.00 4.02 15176.33 -46.77 0.00818750 RI 30.94 124.26 FLP -0.38 -222.49 15445.59 POP -1.82 126.46 Bop-10 0 -164.75 69.55 -11458.08 -11458.08 0.00818750 RI -1.35 -93.81 -93.81 Sap-10 0 164.75 69.55 11458.08 11458.08 0.00818750 RI 1.35 93.81 93.81 Oct-10 G -3408.00 4.65 -15860.55 53.37 0.00818750 RI -27.90 -129.86 FLP 0.44 232.52 -16146.44 POP 1.90 -132.20 Oct-10 G 3408.00 4.65 15860.55 -53.37 0.00818750 RI 27.90 129.86 FLP -0.44 -232.52 16146.44 POP -1.90 132.20 Oct-10 0 -333.53 75.97 -25339.63 -25339.63 0.00818750 RI -2.73 -207.46 -207.46 Oct-10 0 333.53 75.97 25339.63 25339.63 0.00818750 RI 2.73 207.46 207.46 Nov-10 G -3381.00 4.48 -15134.33 54.69 0.00818750 RI -27.68 -123.92 FLP 0.45 221.88 -15410.90 POP 1.82 -126.19 Nov-10 G 3381.00 4.48 15134.33 -54.69 0.00818750 RI 27.68 123.92 FLP -0.45 -221.88 15410.90 POP -1.82 126.19 Nov-10 0 -165.44 78.31 -12956.35 -12956.35 0.00818750 RI -1.35 -106.08 -106.08 Nov-10 0 165.44 78.31 12956.35 12956.35 0.00818750 RI 1.35 106.08 106.08 Dec-10 G -3189.00 5.29 -16855.91 79,70 0.00818750 RI -26.11 -138.01 FLY 0.65 247.12 -17182.73 POP 2.02 -140.68 Dec-10 G 3189.00 5.29 16855.91 -79.70 0.00818750 RI 26.11 138.01 FLP -0.65 -247.12 17182.73 POP -2.02 140.68 Dec-10 0 -329.07 83.23 -27389.72 -27389.72 0.00818750 RI -2.69 -224.25 -224.25 Doc-10 0 329.07 83.23 27389.72 27389.72 0.00818750 RI 2.69 224.25 224.25 Jan-11 G -3093.00 3.53 -10924.93 759.26 0.00818750 RI -25.32 -89.45 FLP 6.22 1314.20 -12998.39 POP 10.76 -106.43 Jan-11 G 3093.00 3.53 10924.93 -759.26 0.00818750 RI 25.32 89.45 FLP -6.22 -1314.20 12998.39 POP -10.76 106.43 Jan-11 0 -301.96 81.58 -24633.42 -24633.42 0.00818750 RI -2,47 -201.68 -201.68 Jan-11 0 301.96 81.58 24633.42 24633.42 0.00818750 RI 2.47 201.68 201.68 Jan-11 P -9318.00 0.87 -8126.71 920.25 -9046.96 0.00818750 RI -76.29 -66.54 POP 7.53 -74.07 Jan-11 P 9318.00 0.87 8126.71 -920.25 9046.96 0.00818750 RI 76.29 66.54 POP -7.53 74.07 Feb-11 G -3763.00 3.66 -13778.22 955.99 0.00818750 RI -30.81 -112.81 FLP 7.83 1658.81 -16393.02 POP 13.58 -134.22 Fab-11 G 3763.00 3.66 13778.22 -955.99 0.00818750 RI 30.81 112.81 FLP -7.83 -1658.83 16393.02 POP -13.58 134.22 Feb-11 0 -147.70 81.74 -12073.19 -12073.19 0.00818750 RI -1.21 -98.85 -98.85 Fab-11 0 147.70 81.74 12073.19 12073.19 0.00818750 RI 1.21 98.85 98.85 Feb-11 P -11716.74 0.89 -10417.72 1178.98 -11596.70 0.00818750 RI -95.93 -85.29 POP 9.65 -94.94 Fab-11 P 11716.74 0.89 10417.72 -1178.98 11596.70 0.00818750 RI 95.93 85.29 POP -9.65 94.94 11.50 -111.91 Nat-11 G -3539.00 3.30 -11673.74 590.41 0.00818750 RI -28.98 -95.58 FLP 4.83 1404.05 -13668.20 POP Mar-11 G 3539.00 3.30 11673.74 -590.41 0.00818750 RI 28.98 95.58 FLP -4.83 -1404.05 13668.20 POP -11.50 111.91 Mar-11 0 -324.70 94.98 -30840.08 -30840.08 0.00818750 RI -2.66 -252.50 -252.50 Mar-11 0 324.70 94.98 30840.08 30840.08 0.00818750 RI 2.66 252.50 252.50 Mar-11 P -10914.03 0.89 -9669.90 1099.22 -10769.12 0.00818750 RI -89.36 -79.17 POP 9.00 -88.17 Mar-11 P 10914.03 0.89 9669.90 -1099.22 10769.12 0.00818750 RI 89.36 79.17 POP -9.00 88.17 Apr-11 G -3671.00 3.67 -13460.11 843.73 0.00818750 RI -30.06 -110.21 FLP 6.91 1578.65 -15882.49 POP 12.93 -130.05 Page 4 of 17 • (t..ititsts* .)ppc Owner Revenue Statement Owner NumberlOwner Name Operator Payment 43444 PDC Energy Type Check WELD COUNTY BOARD OF COMM PO Box 26 PO BOX 758 Bridgeport,WV 26330 Number 888401 �.l { GREELEY,CO 80632-0758 (888)860-5836(Royalty Hotline) Date 11/24/2015 �as�, www.pdce.com Amount $449.22 t'~` • Total Property Values Owner Share Apr-11 G 3671.00 3.67 13460.11 -843.73 0.00818750 RI 30.06 110.21 RR -6.81 -1578.65 15882.49 POP -12.93 130.05 Apr-11 0 -147.45 102.04 -15045.75 -15045.75 0.00818750 RI -1.21 -123.19 -123.19 Apr-11 0 147.45 102.04 15045.75 15045.75 0.00818750 RI 1.21 123.18 123.18 Apr-11 P -11208.89 0.88 -9904.61 1161.65 -11066.26 0.00818750 RI -91.77 -81.09 POP 9.51 -90.60 Apr-11 P 11208.89 0.88 9904.61 -1161.65 11066.26 0.00818750 RI 91.77 81.09 POP -9.51 90.60 Nay-11 G -2573.00 3.64 -9368.72 609.96 0.00818750 RI -21.07 -76.71 FLP 4.99 1098.80 -11077.48 POP 9.00 -90.70 Nay-11 G 2573.00 3.64 9368.72 -609.96 0.00818750 RI 21.07 76.71 FLP -4.99 -1098.80 11077.48 POP -9.00 90.70 May-11 0 -153.34 93.36 -14315.29 -14315.29 0.00818750 RI -1.26 -117.21 -117.21 May-11 0 153.34 93.36 14315.29 14315.29 0.00818750 RI 1.26 117.21 117.21 May-11 P -8951.35 0.83 -7446.01 873.30 -8319.31 0.00818750 RI -73.29 -60.96 POP 7.15 -68.11 May-11 P 8951.35 0.83 7446.01 -873.30 8319.31 0.00818750 RI 73.29 60.96 POP -7.15 68.11 Jun-11 G -2381.00 3.65 -8680.39 536.67 0.00818750 RI -19.49 -71.07 FLP 4.39 1018.07 -10235.13 POP 8.34 -83.80 Jun-11 G 2381.00 3.65 8680.39 -536.67 0.00818750 RI 19.49 71.07 FLP -4.39 I -1018.07 10235.13 POP -8.34 83.80 Jun-11 0 -146.87 88.29 -12966.57 -12966.57 0.00818750 RI -1.20 -106.17 -106.17 Jun-11 0 146.87 88.29 12966.57 12966.57 0.00818750 RI 1.20 106.17 106.17 Jun-11 P -11522.81 0.84 -9642.28 1130.88 -10773.16 0.00818750 RI -94.34 -78.95 POP 9.26 -88.21 Jun-11 P 11522.81 0.84 9642.28 -1130.88 10773.16 0.00818750 RI 94.34 78.95 POP -9.26 88.21 Jul-11 G -1489.00 3.63 -5403.35 321.04 0.00818750 RI -12.19 -44.24 FLP 2.63 633.73 -6358.12 POP 5.19 -52.06 Jul-11 G 1489.00 3.63 5403.35 -321.04 0.00818750 RI 12.19 44.24 PIP -2.63 -633.73 6358.12 POP -5.19 52.06 Jul-11 0 -148.35 89.34 -13253.97 -13253.97 0.00818750 RI -1.21 -108.52 -108.52 Jul-11 0 148.35 89.34 13253.97 13253.97 0.00818750 RI 1.21 108.52 108.52 Jul-11 P -7114.01 0.90 -6416.54 752.56 -7169.10 0.00818750 RI -58.25 -52.54 POP 6.16 -58.70 Jul-11 P 7114.01 0.90 6416.54 -752.56 7169.10 0.00818750 RI 58.25 52.54 POP -6.16 58.70 Aug-11 G -1644.00 3.71 -6091.59 329.53 0.00818750 RI -13.46 -49.87 FLP 2.70 714.45 -7135.57 POP 5.85 -58.42 Aug-11 G 1644.00 3.71 6091.59 -329.53 0.00818750 RI 13.46 49.87 FLP -2.70 -714.45 7135.57 POP -5.85 58.42 Aug-11 0 -168.24 78.34 -13179.91 -13179.91 0.00818750 RI -1.38 -107.90 -107.90 Aug-11 0 168.24 78.34 13179.91 13179.91 0.00818750 RI 1.38 107.90 107.90 Aug-11 P -7420.82 0.87 -6421.89 753.18 -7175.07 0.00818750 RI -60.76 -52.58 POP 6.17 -58.75 Aug-11 P 7420.82 0.87 6421.89 -753.18 7175.07 0.00818750 RI 60.76 52.58 POP -6.17 58.75 Sep-11 G -2360.00 3.37 -7947.39 299.61 0.00818750 RI -19.32 -65.07 FLP 2.45 932.10 -9179.10 POP 7.63 -75.15 Sep-11 G 2360.00 3.37 7947.39 -299.61 0.00818750 RI 19.32 65.07 FLP -2.45 -932.10 9179.10 POP -7.63 75.15 Sep-11 0 -155.08 77.61 -12035.56 -12035.56 0.00818750 RI -1.27 -98.54 -98.54 Sap-11 0 155.08 77.61 12035.56 12035.56 0.00818750 RI 1.27 98.54 98.54 Sap-11 P -12016.19 0.84 -10121.60 1187.10 -11308.70 0.00818750 RI -98.38 -82.87 POP 9.72 -92.59 Sap-11 P 12016.19 0.84 10121.60 -1187.10 11308.70 0.00818750 RI 98.38 82.87 POP -9.72 92.59 Oct-11 G -2296.00 3.29 -7554.55 320.45 0.00818750 RI -18.80 -61.85 FLP 2.62 855.58 -8730.58 POP 7.00 -71.47 Oct-11 G 2296.00 3.29 7554.55 -320.45 0.00818750 RI 18.80 61.85 FLP -2.62 -855.58 8730.58 POP -7.01 71.48 Oct-11 0 -151.70 78.43 -11897.19 -11897.19 0.00818750 RI -1.24 -97.41 -97.41 I Oct-11 0 151.70 78.43 11897.19 11897.19 0.00818750 RI 1.24 97.41 97.41 Oct-11 P -11854.39 0.83 -9818.51 1151.55 -10970.06 0.00818750 RI -97.06 -80.39 POP 9.43 -89.82 Oct-11 P 11854.39 0.83 9818.51 -1151.55 10970.06 0.00818750 RI 97.06 80.39 POP -9.43 89.82 Nov-11 G -1532.00 2.64 -4040.07 319.95 0.00818750 RI -12.54 -33.08 FLP 2.62 538.69 -4898.71 POP 4.41 -40.11 I Nov-11 G 1532.00 2.64 4040.07 -319.95 0.00818750 RI 12.54 33.08 FLP -2.62 -538.69 4898.71 POP -4.41 40.11 Nov-11 0 -163.98 89.16 -14621.11 -14621.11 0.00818750 RI -1.34 -119.71 -119.71 Nov-11 0 163.98 89.16 14621.11 14621.11 0.00818750 RI 1.34 119.71 119.71 Nov-11 P -7932.12 0.78 -6177.93 724.57 -6902.50 0.00818750 RI -64.94 -50.58 POP 5.93 -56.51 Nov-11 P 7932.12 0.78 6177.93 -724.57 6902.50 0.00818750 RI 64.94 50.58 POP -5.93 56.51 Dec-11 G -1133.00 2.92 -3309.12 278.81 0.00818750 RI -9.28 -27.09 FLP 2.28 388.11 -3976.04 POP 3.18 -32.55 Dec-11 G 1133.00 2.92 3309.12 -278.81 0.00818750 RI 9.28 27.09 FLP -2.28 -388.11 3976.04 POP -3.18 32.55 Dec-11 0 -144.96 90.58 -13130.17 -13130.17 0.00818750 RI -1.19 -107.51 -107.51 Dec-11 0 144.96 90.58 13130.17 13130.17 0.00818750 RI 1.19 107.51 107.51 Dec-11 P -5790.59 0.77 -4444.16 521.23 -4965.39 0.00818750 RI -47.41 -36.39 POP 4.27 -40.66 Dec-11 P 5790.59 0.77 4444.16 -521.23 4965.39 0.00818750 RI 47.41 36.39 POP -4.27 40.66 Jan-12 G -1373.00 2.56 -3520.35 263.43 0.00818750 RI -11.24 -28.83 FLP 2.16 412.88 -4196.66 POP 3.38 -34.37 Jan-12 G 1373.00 2.56 3520.35 -263.43 0.00818750 RI 11.24 28.83 FIX -2.16 -412.88 4196.66 POP -3.38 34.37 I Page 5 of 17 (ittgliatf.:-:1- Owner Revenue Statement Owner Number/Owner Name Operator Payment RI 43444 • PDC Energy Type Check WELD COUNTY BOARD OF COMM PO Box 26 PO BOX 758 Bridgeport,WV 26330 Number 888401 . + GREELEY,CO 80632-0758 (888)860-5836(Royalty Hotline) Date 11/24/2015 ' -k www.pdce.com Amount $449.22 rI Total Property Values Owner Share Jan-12 0 -139.34 92.82 -12933.08 -12933.08 0.00818750 RI -1.14 -105.89 -105.89 Jan-12 0 139.34 92.82 12933.08 12933.08 0.00818750 RI 1.14 105.89 105.89 Jan-12 P -7322.06 0.69 -5044.71 577.24 -5621.95 0.00818750 RI -59.95 -41.31 POP 4.73 -46.04 Jan-12 P 7322.06 0.69 5044.71 -577.24 5621.95 0.00818750 RI 59.95 41.31 POP -4.73 46.04 Feb-12 G -1304.00 2.23 -2903.72 227.46 0.00818750 RI -10.68 -23.78 FLP 1.86 340.56 -3471.74 POP 2.79 -28.43 Feb-12 G 1304.00 2.23 2903.72 -227.46 0.00818750 RI 10.68 23.78 FLP -1.86 -340.56 3471.74 POP -2.79 28.43 Feb-12 0 -119.97 94.76 -11368.93 -11368.93 0.00818750 RI -0.98 -93.08 -93.08 Feb-12 0 119.97 94.76 11368.93 11368.93 0.00818750 RI 0.98 93.08 93.08 Feb-12 P -7259.39 0.64 -4624.07 529.05 -5153.12 0.00818750 RI -59.44 -37.86 POP 4.33 -42.19 Feb-12 P 7259.39 0.64 4624.07 -529.05 5153.12 0.00818750 RI 59.44 37.86 POP -4.33 42.19 Mar-12 G -1382.00 2.03 -2811.18 190.80 0.00818750 RI -11.32 -23.01 FLP 1.56 329.70 -3331.68 POP 2.70 -27.27 Mar-12 G 1382.00 2.03 2811.18 -190.80 0.00818750 RI 11.32 23.01 FLP -1.56 -329.70 3331.68 POP -2.70 27.27 Mar-12 0 -142.86 98.71 -14101.23 -14101.23 0.00818750 RI -1.17 -115.45 -115.45 Mar-12 0 142.86 98.71 14101.23 14101.23 0.00818750 RI 1.17 115.45 115.45 Mar-12 P -7476.71 0.71 -5329.35 612.05 -5941.40 0.00818750 RI -61.22 -43.64 POP 5.01 -48.65 Mar-12 P 7476.71 0.71 5329.35 -612.05 5941.40 0.00818750 RI 61.22 43.64 POP -5.01 48.65 Apr-12 G -1481.00 1.62 -2401.77 90.07 0.00818750 RI -12.13 -19.66 FLP 0.74 281.69 -2773.53 POP 2.31 -22.71 Apr-12 G 1481.00 1.62 2401.77 -90.07 0.00818750 RI 12.13 19.66 FLP -0.74 El -281.69 2773.53 POP -2.31 22.71 Apr-12 0 -139.63 95.85 -13382.84 -13382.84 0.00818750 RI -1.14 -109.57 -109.57 Apr-12 0 139.63 95.85 13382.84 13382.84 0.00818750 RI 1.14 109.57 109.57 Apr-12 P -6978.30 0.67 -4704.38 551.75 -5256.13 0.00818750 RI -57.13 -38.52 POP 4.52 -43.04 Apr-12 P 6978.30 0.67 4704.38 -551.75 5256.13 0.00818750 RI 57.13 38.52 POP -4.52 43.04 May-12 G -1490.00 1.57 -2334.20 210.04 0.00818750 RI -12.20 -19.10 FLP 1.72 273.76 -2818.00 POP 2.24 -23.06 May-12 G 1490.00 1.57 2334.20 -210.04 0.00818750 RI 12.20 19.10 FLP -1.72 -273.76 2818.00 POP -2.24 23.06 May-12 0 -257.34 87.22 -22444.48 -22444.48 0.00818750 RI -2.11 -183.76 -183.76 May-12 0 257.34 87.22 22444.48 22444.48 0.00818750 RI 2.11 183.76 183.76 May-12 P -6889.09 0.56 -3885.75 455.74 -4341.49 0.00818750 RI -56.40 -31.82 POP 3.73 -35.55 May-12 P 6889.09 0.56 3885.75 -455.74 4341.49 0.00818750 RI 56.40 31.82 POP -3.73 35.55 Jun-12 G -1370.00 2.01 -2755.31 208.73 0.00818750 RI -11.22 -22.56 FLP 1.71 323.15 -3287.19 POP 2.65 -26.92 Jun-12 G 1370.00 2.01 2755.31 -208.73 0.00818750 RI 11.22 22.56 FLP -1.71 -323.15 3287.19 POP -2.65 26.92 Jun-12 0 -125.15 74.91 -9374.53 -9374.53 0.00818750 RI -1.02 -76.76 -76.76 Jun-12 0 125.15 74.91 9374.53 9374.53 0.00818750 RI 1.02 76.76 76.76 Jun-12 P -6608.87 0.47 -3101.74 363.78 -3465.52 0.00818750 RI -54.11 -25.40 POP 2.98 -28.38 Jun-12 P 6608.87 0.47 3101.74 -363.78 3465.52 0.00818750 RI 54.11 25.40 POP -2.98 28.38 Jul-12 G -1415.00 2.16 -3062.24 200.81 0.00818750 RI -11.59 -25.07 FLP 1.64 359.15 -3622.20 POP 2.94 -29.65 Jul-12 G 1415.00 2.16 3062.24 -200.81 0.00818750 RI 11.59 25.07 FLP -1.64 -359.15 3622.20 POP -2.94 29.65 Jul-12 0 -133.06 80.43 -10701.90 -10701.90 0.00818750 RI -1.09 -87.62 -87.62 Jul-12 0 133.06 80.43 10701.90 10701.90 0.00818750 RI 1.09 87.62 87.62 Jul-12 P -7071.73 0.51 -3610.89 423.50 -4034.39 0.00818750 RI -57.90 -29.56 POP 3.47 -33.03 Jul-12 P 7071.73 0.51 3610.89 -423.50 4034.39 0.00818750 RI 57.90 29.56 POP -3.47 33.03 Aug-12 G -1426.00 2.54 -3626.34 206.95 0.00818750 RI -11.68 -29.69 FLO 1.69 425.32 -4258.61 POP 3.48 -34.86 Aug-12 G 1426.00 2.54 3626.34 -206.95 0.00818750 RI 11.68 29.69 FLP -1.69 -425.32 4258.61 POP -3.48 34.86 Aug-12 0 -274.00 86.66 -23745.21 -23745.21 0.00818750 RI -2.24 -194.41 -194.41 I Aug-12 0 274.00 86.66 23745.21 23745.21 0.00818750 RI 2.24 194.41 194.41 Aug-12 P -6372.00 0.67 -4267.24 500.48 -4767.72 0.00818750 RI -52.17 -34.94 POP 4.10 -39.04 Aug-12 P 6372.00 0.67 4267.24 -500.48 4767.72 0.00818750 RI 52.17 34.94 POP -4.10 39.04 Sep-12 G -1375.00 2.20 -3019.94 179.83 0.00818750 RI -11.26 -24.73 FLP 1.47 354.19 -3553.96 POP 2.90 -29.10 Sep-12 G 1375.00 2.20 3019.94 -179.83 0.00818750 RI 11.26 24.73 FLP -1.47 -354.19 3553.96 POP -2.90 29.10 Sep-12 0 -137.49 87.06 -11969.76 -11969.76 0.00818750 RI -1.13 -98.01 -98.01 Sep-12 0 137.49 87.06 11969.76 11969.76 0.00818750 RI 1.13 98.01 98.01 Sep-12 P -5861.05 0.71 -4164.94 488.48 -4653.42 0.00818750 RI -47.99 -34.10 POP 4.00 -38.10 Sep-12 P 5861.05 0.71 4164.94 -488.48 4653.42 0.00818750 RI 47.99 34.10 POP -4.00 38.10 Oct-12 G -1388.00 2.52 -3494.26 184.54 0.00818750 RI -11.36 -28.61 FLP 1.51 409.82 -4088.62 POP 3.36 -33.48 Oct-12 G 1388.00 2.52 3494.26 -184.54 0.00818750 RI 11.36 28.61 FLP -1.51 -409.82 4088.62 POP -3.36 33.48 Oct-12 0 -135.97 82.07 -11159.44 -11159.44 0.00818750 RI -1.11 -91.37 -91.37 Oct-12 0 135.97 82.07 11159.44 11159.44 0.00818750 RI 1.11 91.37 91.37 nnn 00nn70n 000000nn nn5 017 nnn1 F INC•n 0 Page 6 of 17 (4).::trertfly,,,, :::. Owner Revenue Statement Owner Number/Owner Name Operator Payment 43444 PDC Energy Type Check WELD COUNTY BOARD OF COMM PO Box 26 Number 888401 PO BOX 758 Bridgeport,WV 26330 GREELEY,CO 80632-0758 (888)860-5836(Royalty Hotline) Date 11/24/2015 • www.pdce.com Amount $449.22 • Total Property Values Owner Share Oct-12 P -6019.22 0.76 -4586.30 537.90 -5124.20 0.00818750 RI -49.28 -37.55 POP 4.40 -41.95 Oct-12 P 6019.22 0.76 4586.30 -537.90 5124.20 0.00818750 RI 49.28 37.55 POP -4.40 41.95 Nov-12 G -1271.00 3.04 -3868.13 222.12 0.00818750 RI -10.41 -31.67 FLP 1.82 453.67 -4543.92 POP 3.71 -37.20 Nov-12 G 1271.00 3.04 3868.13 -222.12 0.00818750 RI 10.41 31.67 FLP -1.82 -453.67 4543.92 POP -3.71 37.20 Nov-12 0 -134.96 79.23 -10692.83 -10692.83 0.00818750 RI -1.10 -87.54 -87.54 Nov-12 0 134.96 79.23 10692.83 10692.83 0.00818750 RI 1.10 87.54 87.54 Nov-12 P -5512.38 0.76 -4184.69 490.79 -4675.43 0.00818750 RI -45.13 45.13 -34.26 POP 4.02 -38.28 38.28 -22.29 Nov-12 P 5512.38 0.76 4184.64 -490.79 4675.43 0.00818750 RI 34.26 POP -4.02 Dec-32 G -731.00 3.17 -2318.24 132.32 0.00818750 RI -5.99 -18.98 FLP 1.08 271.90 -2722.46 POP 2.23 Dec-12 G 731.00 3.17 2318.24 -132.32 0.00818750 RI 5.99 18.98 PIP -1.08 -271.90 2722.46 POP -2.23 22.29 Dec-12 0 -127.37 80.75 -10284.61 -10284.61 0.00818750 RI -1.04 -84.20 -84.20 Dec-12 0 127.37 80.75 10284.61 10284.61 0.00818750 RI 1.04 84.20 84.20 ll Dec-12 P -3155.41 0.83 -2609.60 306.06 -2915.66 0.00818750 RI -25.83 -21.37 POP 2.51 -23.88 Dec-12 P 3155.41 0.83 2609.60 -306.06 2915.66 0.00818750 RI 25.83 21.37 POP -2.51 23.88 Jan-13 G -980.00 2.88 -2827.04 192.02 0.00818750 RI -8.02 -23.15 FLP 1.57 331.57 -3350.63 POP 2.71 -27.43 Jan-13 G 980.00 2.88 2827.04 -192.02 0.00818750 RI 8.02 23.15 FLP -1.57 -331.57 3350.63 POP -2.71 27.43 Jan-13 0 -114.71 87.83 -10074.80 -10074.80 0.00818750 RI -0.94 -82.49 -82.49 Jan-13 0 114.71 87.83 10074.80 10074.80 0.00818750 RI 0.94 82.49 82.49 Jan-13 P -4643.17 0.80 -3702.21 434.21 -4136.42 0.00818750 RI -38.02 -30.31 POP 3.55 -33.86 Jan-13 P 4643.17 0.80 3702.21 -434.21 4136.42 0.00818750 RI 38.02 30.31 POP -3.55 33.86 Feb-13 G -1066.00 2.81 -2997.33 208.01 0.00818750 RI -8.73 -24.54 FLP 1.70 351.54 -3556.88 POP 2.88 -29.12 Feb-13 G 1066.00 2.81 2997.33 -208.01 0.00818750 RI 8.73 24.54 FLP -1.70 -351.54 3556.88 POP -2.88 29.12 Feb-13 0 -127.87 88.32 -11293.76 -11293.76 0.00818750 RI -1.05 -92.47 -92.47 Feb-13 0 127.87 88.32 11293.76 11293.76 0.00818750 RI 1.05 92.47 92.47 Feb-13 P -6009.31 0.75 -4520.38 530.17 -5050.55 0.00818750 RI -49.20 -37.01 POP 4.34 -41.35 Feb-13 P 6009.31 0.75 4520.38 -530.17 5050.55 0.00818750 RI 49.20 37.01 POP -4.34 41.35 Mar-13 G -1169.00 2.89 -3374.55 261.24 0.00818750 RI -9.57 -27.63 FLP 2.14 395.78 -4031.57 POP 3.24 -33.01 Mar-13 G 1169.00 2.89 3374.55 -261.24 0.00818750 RI 9.57 27.63 FLP -2.14 -395.78 4031.57 POP -3.24 33.01 Mar-13 0 -107.52 85.96 -9241.93 -9241.93 0.00818750 RI -0.88 -75.66 -75.66 Mar-13 0 107.52 85.96 9241.93 -4248.07 9241.93 0.00818750 RI 4746.30 0.00818750 RI 0.88 75.66 75.66 Mar-13 P -6648.16 0.64 498.23 - -54.43 54.43 -39.78 POP 4.08 -38.86 38.86 -36.97 Mar-13 P 6648.16 0.64 4248.07 -498.23 4746.30 0.00818]50 RI 34.78 POP -4.08 Apr-13 G -1145.00 3.33 -3810.33 257.73 0.00818750 RI -9.37 -31.20 FLP 2.11 446.89 -4514.95 POP 3.66 Apr-13 G 1145.00 3.33 3810.33 -257.73 0.00818750 RI 9.37 31.20 FLP -2.11 -446.89 4514.95 POP -3.66 36.97 Apr-13 0 -120.92 85.07 -10286.60 -10286.60 0.00818750 RI -0.99 -84.22 -84.22 Apr-13 0 120.92 85.07 10286.60 10286.60 0,00818750 RI 0.99 84.22 84.22 I Apr-13 P -6786.43 0.63 -4244.56 497.82 4]42.38 0,00818750 RI -55.56 34.75 POP 4.08 38.83 Apr-13 P 6]86.43 0.63 4244.56 -497.82 4742.38 0.00818750 RI 55.56 34.75 POP -4.08 38.83 May-13 G -750.00 3.40 -2550.49 120.41 0.00818750 RI -6.14 -20.88 FLP 0.99 294.78 -2965.68 POP 2.41 -24.28 May-13 G 750.00 3.40 2550.49 -120.41 0.00818750 RI 6.14 20.88 FLP -0.99 -294.78 2965.68 POP -2.41 24.28 May-13 0 -119.25 87.80 -10470.38 -10470.38 0.00818750 RI -0.98 -85.73 -85.73 May-13 0 119.25 87.80 10470.38 10470.38 0.00818750 RI -2845.53 0.00818750 RI 0.98 85.73 85.73 -23.31 23.31 May-13 P -4162.05 0.61 -2546.83 298.70 -34.08 -20.86 POP 2.45 May-13 P 4162.05 0.61 2546.83 -298.70 2845.53 0.00818750 RI 34.08 20.86 POP -2.45 Jun-13 G -1174.00 3.49 -4092.93 238.45 0.00818750 RI -9.61 -33.51 FLY 1.95 463.00 -4794.38 POP 3.79 -39.25 Jun-13 G 1174.00 3.49 4092.93 -238.45 0.00818750 RI 9.61 33.51 FLP -1.95 -463.00 4794.38 POP -3.79 39.25 Jun-13 0 -126.64 88.80 -11245.63 -11245.63 0.00818750 RI -1.04 -92.08 -92.08 Jun-13 0 126.64 88.80 11245.63 11245.63 0.00816750 RI 1.04 92.08 92.08 Jun-13 P -5774.76 0.60 -3491.49 409.50 -3900.99 0.00818750 AI -47.28 -28.59 POP 3.35 -31.94 Jun-13 P 5774.76 0.60 3491.49 -409.50 3900.99 0.00818750 RI 47.28 28.59 POP -3.35 31.94 Jul-13 G -1343.00 3.03 -4067.02 386.69 0.00818750 RI -11.00 -33.29 FLP 3.17 443.09 -4896.80 POP 3.63 -40.09 Jul-13 G 1343.00 3.03 4067.02 -386.69 0.00818750 RI 11.00 33.29 FLP -3.17 -443.09 4896.80 POP -3.63 40.09 / Jul-13 0 -135.93 97.70 -13280.48 -13280.48 0.00818750 RI -1.11 -108.73 -108.73 Jul-13 O 135.93 97.70 13280.48 13280.48 0.00818750 RI 1.11 108.73 108.73 Jul-13 P -6016.33 0.59 -3560.19 417.55 -3977.74 0.00818750 RI -49.26 -29.14 POP 3.42 -32.56 Jul-13 P 6016.33 0.59 3560.19 -417.55 3977.74 0.00818750 RI 49.26 29.14 POP -3.42 32.56 000 0000901 000500 0 006 017 00010 INS'n n 4 _ Page 7 of 17 tejOwner Revenue Statement Owner Number/Owner Name Operator Payment 1 43444 PDC Energy Type Check WELD COUNTY BOARD OF COMM PO Box 26 Number 888401 PO BOX 758 Bridgeport,WV 26330 ,..1.,�. GREELEY,CO 80632-0758 (888)860-5836(Royalty Hotline) Date 11/24/2015 ' c, • www.pdce.com Amount $449.22 ''4'`� Total Property Values Owner Share Aug-13 0 -1333.00 2.77 -3696.71 300.22 0.00818750 RI -10.91 -30.26 FLY 2.46 427.34 -4424.27 POP 3.50 -36.22 Aug-13 G 1333.00 2.77 3696.71 -300.22 0.00818750 RI 10.91 30.26 FLP -2.46 -427.34 4424.27 POP -3.50 36.22 Aug-13 0 -129.42 99.54 -12882.19 -12882.19 0.00818750 RI -1.06 -105.47 -105.47 Aug-13 0 129.42 99.54 12882.19 12882.19 0.00818750 RI 1.06 105.47 105.47 Aug-13 P -5842.12 0.61 -3577.73 419.61 -3997,34 0.00818750 RI -47.83 -29.29 POP 3.44 -32.73 Aug-13 P 5842.12 0.61 3577.73 -419.61 3997.34 0.00818750 RI 47.83 29.29 POP -3.44 32.73 Sep-13 G -1227.00 2.78 -3408.89 346.67 0.00818750 RI -10.05 -27.91 FLP 2.84 383.89 -4139.45 POP 3.14 -33.89 Sep-13 G 1227.00 2.78 3408.89 -346.67 0.00818750 RI 10.05 27.91 FLP -2.84 -383.89 4139.45 POP -3.14 33.89 Sep-13 0 -250.08 99.24 -24816.98 -24816.98 0.00818750 RI -2.05 -203.19 -203.19 Sep-13 0 250.08 99.24 24816.98 24816.98 0.00818750 RI 2.05 203.19 203.19 Sep-13 P -5559.83 0.70 -3913.59 459.00 -4372.59 0.00818750 RI -45.52 -32.05 POP 3.76 -35.81 Sep-13 P 5559.83 0.70 3913.59 -459.00 4372.59 0.00818750 RI 45.52 32.05 POP -3.76 35.81 Oct-13 G -1223.00 2.88 -3520.35 260.93 0.00818750 RI -10.01 -28.83 FLP 2.14 400.62 -4181.90 POP 3.28 -34.25 Oct-13 G 1223.00 2.88 3520.35 -260.93 0.00818750 RI 10.01 28.83 FLP -2.14 -400.62 4181.90 POP -3.28 34.25 Oct-13 0 -130.87 93.55 -12243.04 -12243.04 0.00818750 RI -1.07 -100.24 -100.24 Oct-13 0 130.87 93.55 12243.04 12243.04 0.00818750 RI 1.07 100.24 100.24 Oct-13 P -5902.87 0.68 -4006.66 469.92 -4476.58 0.00818750 RI -48.33 -32.80 POP 3.85 -36.65 Oct-13 P 5902.87 0.68 4006.66 -469.92 4476.58 0.00818750 RI 48.33 32.80 POP -3.85 36.65 Nov-13 G -1176.00 3.09 -3636.49 191.67 0.00818750 RI -9.63 -29.77 FLP 1.57 424.53 -4252.69 POP 3.48 -34.82 Nov-13 G 1176.00 3.09 3636.49 -191.67 0.00818750 RI 9.63 29.77 FLP -1.57 -424.53 4252.69 POP -3.48 34.82 Nov-13 0 -131.71 86.93 -11450.12 -11450.12 0.00818750 RI -1.08 -93.75 -93.75 Nov-13 0 131.71 86,93 11450.12 11450.12 0.00818750 RI 1.08 93.75 93.75 Nov-13 P -6208.35 0.68 -4192.27 491.69 -4683.96 0.00818750 RI -50.83 -34.33 POP 4.03 -38.36 Nov-13 P 6208.35 0.68 4192.27 -991.69 4683.96 0.00818750 RI 50.83 34.33 POP -4.03 38.36 Dec-13 G -1158.00 3.01 -3489.33 328.57 0.00818750 RI -9.48 -28.57 FLP 2.69 406.37 -4224.27 POP 3.33 -34.59 34.59 Dec-13 G 1158.00 3.01 3489.33 -328.57 0.00818750 RI 9.48 28.57 FLP -2.69 -406.37 4224.27 POP -3.33 Dec-13 0 -108.13 90.90 -9828.72 -9828.72 0.00818750 RI -0.89 -80.47 -80.47 Dec-13 0 108.13 90.90 9828.72 9828.72 0.00818750 RI 0.89 80.47 80.47 Dec-13 P -5922.60 0.72 -4244.78 497.84 -4742.62 0.00818750 RI -48.49 -34.75 POP 4.08 -38.83 Dec-13 P 5922.60 0.72 4244.78 -497.84 4742.62 0.00818750 RI 48.49 34.75 POP -4.08 38.83 Jan-14 G -1149.00 3.69 -4244.68 424.75 0.00818750 RI -9.41 -34.75 FLP 3.48 494.53 -5163.96 POP 4.05 -42.28 Jan-14 G 1149.00 3.69 4244.68 -424,75 0.00818750 RI 9.41 34.75 FLP -3.48 -494.53 5163.96 POP -4.05 42.28 Jan-14 0 -259.95 83.36 -21668.98 -21668.98 0.00818750 RI -2.13 -177.42 -177.42 Jan-14 0 259.95 83.36 21668.98 21668.98 0.00818750 RI 2.13 177.42 177.42 Jan-14 P -6072.61 0.78 -4707.52 552.12 -5259.64 0.00818750 RI -49.72 -38.54 POP 4.52 -43.06 Jan-14 P 6072.61 0.78 4707,52 -552.12 5259.64 0.00818750 RI 49.72 38.54 POP -4.52 43.06 Feb-14 G -1028.00 4.06 -4171.06 359.33 0.00818750 RI -8.42 -34.15 FLP 2.94 484.27 -5014.66 POP 3.97 -41.06 Feb-14 G 1028.00 4.06 4171.06 -359.33 0.00818750 RI 8.42 34.15 FLP -2.94 -484.27 5014.66 POP -3.97 41.06 Feb-14 0 -119.65 89.18 -10670.00 -10670.00 0.00818750 RI -0.98 -87.36 -87.36 Feb-14 0 119.65 89.18 10670.00 10670.00 0.00818750 RI 0.98 87.36 87.36 Feb-14 P -5857.66 0.84 -4919.80 577.01 -5496.81 0.00818750 RI -47.96 -40.28 POP 4.72 -45.00 Feb-14 P 5857.66 0.84 4919.80 -577.01 5496.81 0.00818750 RI 47.96 40.28 POP -4.72 45.00 Mao-14 G -1023.00 4.38 -4475.91 407.00 0.00818750 RI -8.38 -36.64 FLP 3.33 522.35 -5405.26 POP 4.28 -44.25 Mar-14 G 1023.00 4.38 4475.91 -407.00 0.00818750 RI 8.38 36.64 FLP -3.33 -522.35 5405.26 POP -4.28 44.25 Mar-14 0 -119.60 89.01 -10645.21 -10645.21 0.00818750 RI -0.98 -87.16 -87.16 Mar-14 0 119.60 89.01 10645.21 10645.21 0.00818750 RI 0.98 87.16 87.16 Mar-14 P -5689.37 0.53 -3026.09 354.91 -3381.00 0.00818750 RI -46.58 -24.78 POP 2.91 -27.69 Mar-14 P 5689.37 0.53 3026.09 -354.91 3381.00 0.00818750 RI 46.58 24.78 POP -2.91 27.69 Apr-14 G -1096.00 3.75 -4106.99 353.01 0.00818750 RI -8.97 -33.63 FLP 2.89 475.62 -4935.62 POP 3.89 -40.41 Apr-14 G 1096.00 3.75 4106.99 -353.01 0.00818750 RI 8.97 33.63 FLP -2.89 -475.62 4935.62 POP -3.89 40.41 Apr-14 0 -133.84 90.54 -12117.54 -12117.54 0.00818750 RI -1.10 -99.21 -99.21 Apr-14 0 133.84 90.54 12117.54 12117.54 0.00818750 RI 1.10 99.21 99.21 Apr-14 P -5691.72 0.62 -3502.61 410.80 -3913.41 0.00818750 RI -46.60 -28.68 POP 3.36 -32.04 Apr-14 P 5691.72 0.62 3502.61 -410.80 3913.41 0.00818750 RI 46.60 28.68 POP -3.36 32.04 May-14 G -1204.00 3.90 -4695.27 384.43 0.00818750 RI -9.86 -38.45 FLP 3.15 542.86 -5622.56 POP 4.45 -46.05 Page 8 of 17 (41 III Owner Revenue Statement Owner Number/Owner Name Operator Payment 43444 PDC Energy Type Check WELD COUNTY BOARD OF COMM PO Box 26 Number 888401 PO BOX 758 Bridgeport,WV 26330 i". GREELEY,CO 80632-0758 (888)860-5836(Royalty Hotline) Date 11/24/2015 ' .a• • www.pdce.com Amount $449.22 { Total Property Values Owner Share I . '.., May-14 G 1204.00 3.90 4695.27 -384.43 0.00818750 RI 9.86 38.45 MP -3.15 -542.86 5622.56 POP -4.45 46.05 Nay-14 0 -129.02 90.29 -11649.74 -11649.74 0.00818750 RI -1.06 -95.38 -95.38 May-14 0 129.02 90.29 11649.74 11649.74 0.00818750 RI 1.06 95.38 95.38 Nay-14 P -5987.23 0.60 -3611.05 424.08 -4035.13 0.00818750 RI -49.02 -29.56 POP 3.47 -33,03 Nay-14 P 5987.23 0.60 3611.05 -424.08 4035.13 0.00818750 RI 49.02 29.56 POP -3.47 33.03 Jun-34 G -1114.00 3.71 -4130.36 326.94 0.00818750 RI -9.12 -33.82 FLP 2.68 478.05 -4935.35 POP 3.91 -40.41 Jun-14 G 1114.00 3.71 4130.36 -326.94 0.00618750 RI 9.12 33.82 FLP -2.68 -478.05 4935.35 POP -3.91 40.41 Jun-14 0 -128.18 93.64 -12003.16 -12003.16 0.00818750 RI -1.05 -98.27 -98.27 Jun-14 0 128.18 93.64 12003.16 12003.16 0.00818750 RI 1.05 98.27 98,27 Jun-14 P -6622.16 0.66 -4357.65 511.65 -4869.30 0,00818750 RI -54.22 -35,68 POP 4.19 -39.87 Jun-14 P 6622.16 0.66 4357.65 -511,65 4869.30 0.00818750 RI 54.22 35.68 POP -4,19 39.87 I Jul-14 G 1171.00 3.78 1421.63 327.19 0.00818750 RI 9 59 -36.20 FLP 2.68 503.73 -5252.55 POP 4,12 -43.00 Jul-14 0 1171.00 3.78 4421.63 -327.19 0.00818750 RI 9,59 36.20 FLP -2.63 -503.73 5252.55 POP -4,12 43.00 Jul-14 0 -145,91 91.39 -13334.80 -13334.80 0.00818750 RI -1.19 -109,18 -109.18 Jul-14 0 145,91 91,39 13334.80 13334.80 0,00818750 RI 1.19 109.18 109.18 Jul-14 P -6652,20 0.64 -4244.13 498.36 -4742.49 0,00818750 RI -54,46 -34,75 POP 4.08 -38,83 Jul-14 P 6652.20 0.64 4244.13 -498.36 4742.49 0,00818750 RI 54,46 34.75 POP -4.08 38.83 Aug-14 G -1156.00 3.18 -3671.57 306.07 0.00818750 RI -9.46 -30.06 FLP 2.51 421,45 -4399.09 POP 3,45 -36.02 Aug-14 G 1156.00 3.18 3671.57 -306.07 0.00818750 RI 9.46 30,06 FLP -2,51 -421.45 4399.09 POP -3.45 36.02 -94.78 Aug-14 0 -136.07 85.08 -11576.29 -11576.24 0,00818750 RI -1.11 -94.78 Aug-14 0 136.07 85.08 11576.24 11576.24 0.00818750 RI 1.11 94.78 94.78 Aug-14 P -6492,77 0,61 -3970,04 466.28 -4436.32 0.00818750 RI -53.16 -32.51 POP 3,82 -36.33 Aug-14 P 6492,77 0.61 3970.04 -466,28 4436.32 0.00818750 RI 53.16 32,51 POP -3.82 36,33 Sep-14 G -1072.00 3.35 -3589.53 324.80 0.00818750 RI -8.78 -29,39 FLP 2.66 409.97 -4324,30 POP 3,36 -35.41 Sap-14 G 1072,00 3.35 3589.53 -324.80 0.00818750 RI 8.78 29.39 FLP -2.66 -409.97 4324.30 POP -3.36 35.41 Sop-14 0 -145.48 82.03 -11934.19 -11934.19 0.00818750 RI -1.19 -97.71 -97,71 Sop-14 0 145,48 82.03 11934,19 11934.19 0.00818750 RI 1.19 97,71 97.71 Sep-14 P -5510.24 0.62 -3405,82 399.99 -3805.81 0.00818750 RI -45.12 -27,89 POP 3.27 -31,16 Sep-14 P 5510.24 0.62 3405.82 -399.99 3805.81 0.00818750 RI 45.12 27.89 POP -3.27 31.16 Oct-14 G -1161.00 3.23 -3748.19 306.87 0.00818750 RI -9,51 -30,69 FLP 2,51 428,14 -4483.20 POP 3.51 -36.71 Oct-14 G 1161,00 3.23 3748.19 -306,87 0,00818750 RI 9,51 30,69 FLP -2.51 -428,14 4483.20 POP -3.51 36.71 Oct-14 P -6297,41 0.54 -3387.78 397.81 -3785.59 0.00818750 RI -51.56 -27.74 POP 3.26 -31.00 Oct-14 P 6297,41 0.54 3387,78 -397.81 3785.59 0.00818750 RI 51,56 27,74 POP -3.26 31.00 Nov-14 G -1045,00 3.00 -3138.51 364.60 0.00818750 RI -8.56 -25,69 FLP 2.99 364,25 -3867.36 POP 2.98 -31,66 Nov-14 G 1045.00 3.00 3138.51 -364.60 0.00818750 RI 8.56 25.69 FLP -2,99 -364.25 3867.36 POP -2.98 31.66 Nov-14 0 -154.23 64,81 -9995.45 -9995.45 0.00818750 RI -1.26 -81.83 -81.83 Nov-14 0 154.23 64,81 9995.45 9995.45 0.00818750 RI 1.26 81.83 81.83 Nov-14 P -5422.17 0.48 -2628.20 317.20 -2945.40 0,00818750 RI -44.39 -21.52 POP 2.60 -24,12 Nov-14 P 5422,17 0.48 2628,20 -317,20 2945,40 0.00818750 RI 44.39 21.52 POP -2.60 24.12 Doc-14 G -1067.00 3.75 -4004.04 476.84 0.00818750 RI -8.74 -32.78 FLP 3.90 229.92 -4710.80 POP 1.88 -38.56 Dec-14 G 1067.00 3.75 4004.04 -476.84 0.00818750 RI 8.74 32.78 FLP -3.90 -229.92 4710.80 POP -1.88 38.56 Dec-14 0 -155.02 48.29 -7485.64 -7485,64 0.00818750 RI -1.27 -61.29 -61.29 Dec-14 0 155.02 48,29 7485.64 7485.64 0.00818750 RI 1.27 61.29 61.29 Dec-14 P -5540.30 0.32 -1747.24 209.91 -1957,15 0,00818750 RI -45.36 -14.31 POP 1.72 -16.03 Dec-14 P 5540.30 0.32 1747,24 -209.91 1957.15 0.00818750 RI 45.36 14.31 POP -1.72 16.03 Jan-15 G -665.00 2,73 -1817,56 232.42 0.00818750 RI -5.44 -14.88 FLP 1.90 101.90 -2151.88 POP 0.83 -17.61 Jan-15 0 665.00 2.73 1817.56 -232,42 0,00818750 RI 5,44 14.88 FLP -1.90 -101.90 2151.88 POP -0.83 17.61 Jan-15 P -3432.72 0,26 -892.30 103.61 -995.91 0,00818750 RI -28.11 -7,30 POP 0,85 -8.15 Jan-15 P 3432,72 0.26 892,30 -103.61 995.91 0.00818750 RI 28.11 7.30 POP -0.85 8.15 Fob-15 G -898,00 2.32 -2085.30 272,41 0,00818750 RI -7.35 -17,07 FLP 2,23 118.67 -2476,38 POP 0.97 -20.27 Feb-15 G 898.00 2.32 2085.30 -272.41 0.00818750 RI 7.35 17.07 FLP -2.23 -118.67 2476.38 POP -0.97 20.27 Feb-15 0 -153.81 40.82 -6279.29 -6279.29 0.00818750 RI -1.26 -51,41 -51,41 Feb-15 0 153.81 40.82 6279.29 6279.29 0.00818750 RI 1.26 51.41 51.41 Feb-15 P -4768.24 0.26 -1236.33 148.20 -1384.53 0.00818750 RI -39.04 -10.12 POP 1.21 -11.33 Feb-15 P 4768.24 0.26 1236.33 -148.20 1384.53 0.00818750 RI 39.04 10.12 POP -1.21 11.33 000 0000203 00000000 008 017 00015 INS:00 IPage 9 of 17 (4):11CiitinH''.. ' Owner Revenue Statement Owner Number/Owner Name Operator Payment 1 43444 PDC Energy Type Check WELD COUNTY BOARD OF COMM PO Box 26 Number 888401 PO BOX 758 Bridgeport,WV 26330 GREELEY,CO 80632-0758 Y `(888)860-5836(Royalty Hotline) Date 11/24/2015 �,yk�` www.pdce.com Amount $449.22 earls:• Total Property Values Owner Share Mar-15 0 -717.00 2.31 -1644.73 217.12 0.00818750 RI -5.87 -13.55 FLP 1.78 90.99 -1962.84 POP 0.75 -16.08 Mat-15 G 717.00 2.31 1654.73 -217.12 0.00818750 RI 5.87 13.55 FLP -1.78 -90.99 1962.84 POP -0.75 16.08 Mar-15 P -3664.27 0.27 -980.80 114.10 -1094.90 0.00818750 RI -30.00 -8.03 POP 0.93 -8.96 Mar-15 P 3664.27 0.27 980.80 -1041.00 1,96 -2037.83 -114.10 1094.90 0.00818750 RI 30.00 8.03 POP -0.93 8.96 Apr-15 G250.98 0.00818750 RI -8.52 -16.68 FLP 2.05 111.72 -2400.53 POP 0.91 -19.64 Apr-15 G 1041.00 1.96 2037.83 -250.98 0.00818750 RI 8.52 16.68 FIX -2.05 -111.72 2400.53 POP -0.93 19.64 Apr-15 0 -167.62 44.73 -7497.14 -7497.14 0.00818750 RI -1.37 -61.38 -61.38 Apr-15 0 167.62 44.73 7497.14 7497.14 0.00818750 RI 1.37 61.38 61.38 Apr-15 P -5600.23 0.25 -1406.83 163.74 -1570.57 0.00818750 RI -45.85 -11.52 POP 1.34 -12.86 Apr-15 P 5600.23 0.25 1406.83 -163.74 1570.57 0.00818750 RI 45.85 11.52 POP -1.34 12.86 May-15 G -1030.00 1.91 -1966.97 220.18 0.00818750 RI -8.43 -16.10 FLP 1.80 108.62 -2295.77 POP 0.89 -18.79 May-15 G 1030.00 1.91 1966.97 -220.18 0.00818750 RI 8.43 16.10 FLP -1.80 -108.62 2295.77 POP -0.89 18.79 May-15 P -5497.80 0.23 -1287.66 149.63 -1437.29 0.00818750 RI -45.01 -10.54 POP 1.23 -11.77 May-15 P 5497.80 0.23 1287.66 -149.63 1437.29 0.00818750 RI 45.01 10.54 POP -1.23 11.77 Jun-15 G -973.00 2.21 -2154.13 236.60 0.00818750 RI -7.97 -17.64 FLP 1.94 119.58 -2510.31 POP 0.98 -20.56 Jun-15 C 973.00 2.21 2154.13 -236.60 0.00818750 RI 7.97 17.64 FLP -1.94 -119.58 2510.31 POP -0.98 20.56 Jun-15 0 -166.08 49.93 -8292.14 -8292.14 0.00818750 RI -1.36 -67.90 -67.90 Jun-15 0 166.08 49.93 8292.14 8292.14 0.00818750 RI 1.36 67.90 67.90 Jun-15 P -5301.62 0.20 -1047.98 121.89 -1169.87 0.00818750 RI -43.41 -8.57 POP 1.00 -9.57 Jun-15 P 5301.62 0.20 1047.98 -121.89 1169.87 0.00818750 RI 43.41 8.57 POP -1.00 9.57 Jul-15 G -986.00 2.20 -2167.43 228.57 0.00818750 RI -8.07 -17.75 FLP 1.87 250.01 -2646.01 POP 2.05 -21.67 Jul-15 G 986.00 2.20 2167.43 -228.57 0.00818750 RI 8.07 17.75 FIB -1.87 -250.01 2646.01 POP -2.05 21.67 Jul-15 0 -171.48 41.03 -7035.87 -7035.87 0.00818750 RI -1.40 -57.61 -57.61 Jul-15 0 171.48 41.03 7035.87 7035.87 0.00818750 RI 1.40 57.61 57.61 Jul-15 P -5870.94 0.20 -1179.01 141.75 -1320.76 0.00818750 RI -48.07 -9.66 POP 1.16 -10.82 Jul-15 P 5870.94 0.20 1179.01 -141.75 1320.76 0.00818750 RI 48.07 9.66 POP -1.16 10.82 Aug-15 G -1005.00 2.21 -2219.65 225.80 0.00818750 RI -8.23 -18.17 FLP 1.85 258.87 -2704.32 POP 2.12 -22.14 4 Aug-15 G 1005.00 2.21 2219.65 -225.80 0.00818750 RI 8.23 18.17 FLP -1.85 -258.87 2704.32 POP -2.12 22.14 Aug-15 P -6240.61 0.19 -1165.26 139.79 -1305.05 0.00818750 RI -51.09 -9.53 POP 1.14 -10.67 Aug-15 P 6240.61 0.19 1165.26 -139.79 1305.05 0.00818750 RI 51.09 9.54 POP -1.14 10.68 Sap-15 G 1.088 996.00 2.08 2067.89 -194.33 0.00818750 RI 8.15 16.93 FLY -1.59 -244.44 2506.66 POP -2.00 20.52 Sap-15 0 200.70 35.57 7137.94 7137.94 0.00818750 RI 1.64 58.44 58.44 Property 4/Nam../ST/County: 105.090364 Gold 11-9DU NBCD CO WELD Sep-15 P 6232.60 0.21 1328.19 -159.48 1487.67 0.00818750 RI 51.03 10.87 POP -1.31 12.18 Property 4/Name/ST/County: 105.090365 Gold 9A-DU NBCD CO WELD Nov-09 G -7117.00 5.23 -37243.30 185.29 0.00409375 RI -29.14 -152.46 FLP 0.76 546.01 -37974.60 POP 2.24 -155.46 Nov-09 G 7117.00 5.23 37243.30 -185.29 0.00409375 RI 29.14 152.46 FLP -0.76 -546.01 37974.60 POP -2.24 155.46 Nov-09 0 -1880.24 72.15 -135650.26 -135650.26 0.00409375 RI -7.70 -555.32 -555.32 Nov-09 0 1880.24 72.15 135650.26 135650.26 0.00409375 RI 7.70 555.32 555.32 Dec-09 G -3235.00 5.31 -17182.77 110.57 0.00409375 RI -13.24 -70.34 FLP 0.45 251.59 -17544.93 POP 1.03 -71.82 Dec-09 G 3235.00 5.31 17182.77 -110.57 0.00409375 RI 13.24 70.34 FLP -0.45 -251.59 17544.93 POP -1.03 71.82 Dec-09 0 -779.59 68.60 -53482.49 -53482.49 0.00409375 RI -3.19 -218.94 -218.94 Dec-09 0 779.59 68.60 53482.49 53482.49 0.00409375 RI 3.19 218.94 218.94 Jan-10 C -2609.00 6.42 -16741.38 107.84 0.00409375 RI -10.68 -68.54 FLP 0.44 245.44 -17094.66 POP 1.00 -69.98 Jan-10 G 2609.00 6.42 16741.38 -107.84 0.00409375 RI 10.68 68.54 FLP -0.44 -245.44 17094.66 POP -1.00 69.98 Jan-10 0 -799.85 72.40 -57911.35 -57911.35 0.00409375 RI -3.27 -237.07 -237.07 Jan-10 0 799.85 72.40 57911.35 57911.35 0.00409375 RI 3.27 237.07 237.07 Feb-10 G -6156.00 6.20 -38160.62 221.29 0.00409375 RI -25.20 -156.22 FLP 0.91 559.45 -38941.36 POP 2.29 -159.42 Feb-l0 G 6156.00 6.20 38160.62 -221.29 0.00409375 RI 25.20 156.22 FLP -0.91 -559.45 38941.36 POP -2.29 159.42 Feb-10 0 -757.67 70.45 -53380.10 -53380.10 0.00409375 RI -3.10 -218.53 -218.53 Feb-10 0 757.67 70.45 53380.10 53380.10 0.00409375 RI 3.10 218.53 218.53 Mar-10 G -3576.00 5.29 -18917.07 102.13 0.00409375 RI -14.64 -77.44 FLP 0.42 277.33 -19296.53 POP 1.14 -79.00 inn nnnn7n4 000005nn 005 017 mini S(mg,n n Page 10 of 17 , -;ENERGY Owner Revenue Statement Owner Number/Owner Name Operator Payment 43444 PDC Energy Type Check WELD COUNTY BOARD OF COMM PO Box 26 Number 888401 IIMENI PO BOX 758 Bridgeport,WV 26330 #< GREELEY,CO 80632-0758 (888)860-5836(Royalty Hotline) Date 11/24/2015 www.pdce.com Amount $449.22 *' • Total Property Values Owner Share Iran-10 0 3576.00 5.29 18917.07 -102.13 0.00409375 RI 14.64 77.44 PLO -0.42 -277.33 19296.53 POP -1.14 79.00 Mar-10 0 -389.67 75.29 -29338.06 -29338.06 0.00409375 RI -1.60 -120.10 -120.10 Mar-10 0 389.67 75.29 29338.06 29338.06 0.00409375 RI 1.60 120.10 120.10 Apr-10 G -3415.00 4.63 -15809.69 78.70 0.00409375 RI -13.98 -64.72 FLP 0.32 231.78 -16120.17 POP 0.95 -65.99 Apr-10 0 3415.00 4.63 15809.69 -78.70 0.00409375 RI 13.98 64.72 FLP -0.32 -231.78 16120.17 POP -0.95 65.99 Apr-10 0 -562.55 78.58 -44202.49 -44202.49 0.00409375 RI -2.30 -180.95 -180.95 Apr-10 0 562.55 78.58 44202.49 44202.49 0.00409375 RI 2.30 180.95 180.95 May-10 G -3087.00 4.38 -13512.53 59.98 0.00409375 RI -12.64 -55.32 PIP 0.25 198.10 -13770.61 POP 0.81 -56.38 May-10 G 3087.00 4.38 13512.53 -59.98 0.00409375 RI 12.64 55.32 FLP -0.25 -198.10 13770.61 POP -0.81 56.38 May-10 0 -393.23 68.12 -26785.74 -26785.74 0.00409375 RI -1.61 -109.66 -109.66 May-10 0 393.23 68.12 26785.74 26785.74 0.00409375 RI 1.61 109.66 109.66 Jun-10 G -2613.00 4.35 -11375.51 44.97 0.00409375 RI -10.70 -46.57 FLP 0.18 166.77 -11587.25 POP 0.68 -47.43 Jun-10 G 2613.00 4.35 11375.51 -44.97 0.00409375 RI 10.70 46.57 FLP -0.18 -166.77 11587.25 POP -0.68 47.43 Jun-10 0 -382.81 69.40 -26568.84 -26568.84 0.00409375 RI -1.57 -108.77 -108.77 Jun-10 0 382.81 69.40 26568.84 26568.84 0.00409375 RI 1.57 108.77 108.77 Jul-10 G -2284.00 4.60 -10499.98 40.06 0.00409375 RI -9.35 -42.98 FLP 0.16 153.93 -10693.97 POP 0.63 -43.77 Jul-10 G 2284.00 4.60 10499.98 -40.06 0.00409375 RI 9.35 42.98 FLO -0.16 -153.93 10693.97 POP -0.63 43.77 Jul-10 0 -170.08 70.38 -11970.90 -11970.90 0.00409375 RI -0.70 -49.01 -49.01 Jul-10 0 170.08 70.38 11970.90 11970.90 0.00409375 RI 0.70 49.01 49.01 Aug-10 G -2114.00 4.45 -9411.71 34.52 0.00409375 RI -8.65 -38.53 FLP 0.14 137.98 -9584.21 POP 0.56 -39.23 Aug-10 G 2114.00 4.45 9411.71 -34.52 0.00409375 RI 8.65 38.53 FLP -0.14 -137.98 9584.21 POP -0.56 39.23 Aug-10 0 -356.29 70.67 -25177.62 -25177.62 0.00409375 RI -1.46 -103.07 -103.07 Aug-10 0 356.29 70.67 25177.62 25177.62 0.00409375 RI 1.46 103.07 103.07 Sep-10 G -1777.00 3.78 -6723.95 21.86 0.00409375 RI -7.27 -27.53 FLP 0.09 98.58 -6844.39 POP 0.40 -28.02 Sep-10 G 1777.00 3.78 6723.95 -21.86 0.00409375 RI 7.27 27.53 FLP -0.09 -98.58 6844.39 POP -0.40 28.02 Sep-10 0 -145.64 69.55 -10128.88 -10128.88 0.00409375 RI -0.60 -41.46 -41.46 Sep-10 0 145.64 69.55 10128.88 10128.88 0.00409375 RI 0.60 41.46 41.46 Oct-10 G -1937.00 4.39 -8501.41 30.15 0.00409375 RI -7.93 -34.80 FLP 0.12 124.63 -8656.19 POP 0.51 -35.43 Oct-10 G 1937.00 4.39 8501.41 -30.15 0.00409375 RI 7.93 34.80 FLP -0.12 -124.63 8656.19 POP -0.51 35.43 Oct-10 0 -380.71 75.97 -28924.24 -28924.24 0.00409375 RI -1.56 -118.41 -118.41 Oct-10 0 380.71 75.97 28924.24 28924.24 0.00409375 RI 1.56 118.41 118.41 Nov-10 G -1689.00 4.20 -7088.46 27.16 0.00409375 RI -6.91 -29.02 FLO 0.11 103.92 -7219.54 POP 0.43 -29.56 Nov-10 G 1689.00 4.20 7088.46 -27.16 0.00409375 RI 6.91 29.02 FLP -0.11 -103.92 7219.54 POP -0.43 29.56 Nov-10 0 -186.34 78.31 -14592.97 -14592.97 0.00409375 RI -0.76 -59.74 -59.74 Nov-10 0 186.34 78.31 14592.97 14592.97 0.00409375 RI 0.76 59.74 59.74 Dec-10 G -1576.00 4.98 -7848.45 39.15 0.00409375 RI -6.45 -32.13 FLO 0.16 115.06 -8002.66 POP 0.47 -32.76 Dec-10 G 1576.00 4.98 7848.45 -39.15 0.00409375 RI 6.45 32.13 FLP -0.16 -115.06 8002.66 POP -0.47 32.76 Dec-10 0 -343.15 83.23 -28561.08 -28561.08 0.00409375 RI -1.40 -116.92 -116.92 Dec-10 0 343.15 83.23 28561.08 28561.08 0.00409375 RI 1.40 116.92 116.92 Jan-11 G -1784.00 3.54 -6323.67 438.05 0.00409375 RI -7.30 -25.89 PIP 1.79 758.10 -7519.82 POP 3.10 -30.78 Jan-11 G 1784.00 3.54 6323.67 -438.05 0.00409375 RI 7.30 25.89 FLP -1.79 -758.10 7519.82 POP -3.10 30.78 Jan-11 0 -186.21 81.58 -15190.76 -15190.76 0.00409375 RI -0.76 -62.19 -62.19 Jan-11 0 186.21 81.58 15190.76 15190.76 0.00409375 RI 0.76 62.19 62.19 Jan-11 P -4657.00 0.87 -4064.06 460.21 -4524.27 0.00409375 RI -19.06 -16.64 POP 1.88 -18.52 Jan-11 P 4657.00 0.87 4064.06 -460.21 4524.27 0.00409375 RI 19.06 16.64 POP -1.88 18.52 Feb-11 G -1928.00 3.67 -7084.85 489.87 0.00409375 RI -7.89 -29.01 FLP 2.01 849.90 -8424.62 POP 3.48 -34.50 Feb-11 G 1928.00 3.67 7084.85 -489.87 0.00409375 RI 7.89 29.01 FLP -2.01 -849.90 8424.62 POP -3.48 34.50 Feb-11 0 -341.09 81.74 -27881.90 -27881.90 0.00409375 RI -1.40 -114.14 -114.14 Feb-11 0 341.09 81.74 27881.90 27881.90 0.00409375 RI 1.40 114.14 114.14 Feb-11 P -5184.65 0.89 -4625.18 523.50 -5148.68 0.00409375 RI -21.22 -18.93 POP 2.14 -21.07 Feb-11 P 5184.65 0.89 4625.18 -523.50 5148.68 0.00409375 RI 21.22 18.93 POP -2.14 21.07 nnn nnnnOnc nnnnnnnn ntn n 7 nnnI S IMO nn Page 11 of 17 : sr Owner Revenue Statement Owner Number/Owner Name Operator Payment 43444 PDC Energy Type Check WELD COUNTY BOARD OF COMM PO Box 26 Number 888401 PO BOX 758 Bridgeport,WV 26330 GREELEY,CO 80632-0758 (888)860-5836(Royalty Hotline) Date 11/24/2015 !fix ` • www.pdce.com Amount $449.22 er• Total Property Values Owner Share Mar-11 G -1909.00 3.31 -6317.99 318.49 0.00409375 RI -7.81 -25.86 FLP 1.30 757.30 -7393.78 POP 3.10 -30.26 Mar-11 G 1909.00 3.31 6317.99 -318.49 0.00409375 RI 7.81 25.86 FLP -1.30 -757.30 7393.78 POP -3.10 30.26 Mar-11 0 -179.86 94.98 -17082.94 -17082.94 0.00409375 RI -0.74 -69.94 -69.94 Mar-11 0 179.86 94.98 17082.94 17082.94 0.00409375 RI 0.74 69.94 69.94 Mar-11 P -5098.14 0.90 -4565.65 519.17 -5084.82 0.00409375 RI -20.87 -18.69 POP 2.13 -20.82 Mar-11 P 5098.14 0.90 4565.65 -519.17 5084.82 0.00409375 RI 20.87 18.69 POP -2.13 20.82 Apr-11 G -1811.00 3.67 -6637.83 416.06 0.00409375 RI -7.41 -27.17 FLP 1.70 778.51 -7832.40 POP 3.19 -32.06 Apr-11 G 1611.00 3.67 6637.83 -416.06 0.00409375 RI 7.41 27.17 FLP -1.70 -778.51 7832.40 POP -3.19 32.06 Apr-11 0 -168.39 102.04 -17182.02 -17182.02 0.00409375 RI -0.69 -70.34 -70.34 Apr-11 0 168.39 102.04 17182.02 17182.02 0.00409375 RI 0.69 70.34 70.34 Apr-11 P -4797.91 0.89 -4286.06 502.69 -4788.75 0.00409375 RI -19.64 -17.55 POP 2.06 -19.61 Apr-11 P 4797.91 0.89 4286.06 -502.69 4788.75 0.00409375 RI 19.64 17.55 POP -2.06 19.61 May-11 G -1706.00 3.64 -6211.46 404.49 0.00409375 RI -6.98 -25.43 FLP 1.66 728.50 -7344.45 POP 2.98 -30.07 May-11 G 1706.00 3.64 6211.46 -404.49 0.00409375 RI 6.98 25.43 FLP -1.66 -728.50 7344.45 POP -2.98 30.07 May-11 0 -170.64 93.36 -15930.74 -15930.74 0.00409375 RI -0.70 -65.22 -65.22 May-11 0 170.64 93.36 15930.74 15930.74 0.00409375 RI 0.70 65.22 65.22 May-11 P -6850.50 0.91 -6223.49 729.92 -6953.41 0.00409375 RI -28.04 -25.48 POP 2.99 -28.47 May-11 P 6850.50 0.91 6223.49 -729.92 6953.41 0.00409375 RI 28.04 25.48 POP -2.99 28.47 Jun-11 G -1574.00 3.64 -5737.06 354.68 0.00409375 RI -6.44 -23.49 FLP 1.45 672.87 -6764.61 POP 2.75 -27.69 Jun-11 G 1574.00 3.64 5737.06 -354.68 0.00409375 RI 6.44 23.49 FLP -1.45 -672.87 6764.61 POP -2.75 27.69 Jun-11 0 -188.17 88.29 -16613.24 -16613.24 0.00409375 RI -0.77 -68.01 -68.01 Jun-11 0 188.17 88.29 16613.24 16613.24 0.00409375 RI 0.77 68.01 68.01 Jun-11 P -7718.67 0.87 -6726.19 788.87 -7515.06 0.00409375 RI -31.60 -27.54 POP 3.23 -30.77 Jun-11 P 7718.67 0.87 6726.19 -788.87 7515.06 0.00409375 RI 31.60 27.54 POP -3.23 30.77 Jul-11 G -983.00 3.63 -3566.17 211.89 0.00409375 RI -4.02 -14.60 FLP 0.87 418.25 -4196.31 POP 1.71 -17.18 Jul-11 G 983.00 3.63 3566.17 -211.89 0.00409375 RI 4.02 14.60 FLP -0.87 -418.25 4196.31 POP -1.71 17.18 Jul-11 P -4780.24 0.94 -4477.01 525.08 -5002.09 0.00409375 RI -19.57 -18.33 POP 2.15 -20.48 Jul-11 P 4780.24 0.94 4477.01 -525.08 5002.09 0.00409375 RI 19.57 18.33 POP -2.15 20.48 Aug-11 G -994.00 3.71 -3683.03 199.17 0.00409375 RI -4.07 -15.08 FLP 0.82 431.96 -4314.16 POP 1.77 -17.67 Aug-11 G 994.00 3.71 3683.03 -199.17 0.00409375 RI 4.07 15.08 FLP -0.82 -431.96 4314.16 POP -1.77 17.67 Aug-11 0 -184.02 78.34 -14415.93 -14415.93 0.00409375 RI -0.75 -59.02 -59.02 Aug-11 0 184.02 78.34 14415.93 14415.93 0.00409375 RI 0.75 59.02 59.02 Aug-11 P -4581.40 0.90 -4105.98 481.57 -4587.55 0.00409375 RI -18.76 -16.81 POP 1.97 -18.78 Aug-11 P 4581.40 0.90 4105.98 -481.57 4587.55 0.00409375 RI 18.76 16.81 POP -1.97 18.78 nap-11 G -1646.00 3.37 -5542.23 208.84 0.00409375 RI -6.74 -22.69 PLP 0.86 650.01 -6401.08 POP 2.66 -26.21 Sap-11 G 1646.00 3.37 5542.23 -208.84 0.00409375 RI 6.74 22.69 FLP -0.86 -650.01 6401.08 POP -2.66 26.21 Sap-11 0 -194.26 77.61 -15076.33 -15076.33 0.00409375 RI -0.80 -61.72 -61.72 Sep-11 0 194.26 77.61 15076.33 15076.33 0.00409375 RI 0.80 61.72 61.72 Sep-11 P -8558.08 0.88 -7502.08 879.87 -8381.95 0.00409375 RI -35.03 -30.71 POP 3.60 -34.31 Sep-11 P 8558.08 0.88 7502.08 -879.87 8381.95 0.00409375 RI 35.03 30.71 POP -3.60 34.31 Oct-11 G -1526.00 3.18 -4848.93 213.00 0.00409375 RI -6.25 -19.85 FLP 0.87 568.70 -5630.63 POP 2.33 -23.05 Oct-11 G 1526.00 3.18 4848.93 -213.00 0.00409375 RI 6.25 19.85 FLP -0.87 -568.70 5630.63 POP -2.33 23.05 Oct-11 0 -183.23 78.43 -14370.39 -14370.39 0.00409375 RI -0.75 -58.83 -58.83 Oct-11 0 183.23 78.43 14370.39 14370.39 0.00409375 RI 0.75 58.83 58.83 Oct-11 P -8022.93 0.86 -6886.57 807.68 -7694.25 0.00409375 RI -32.84 -28.19 POP 3.31 -31.50 Oct-11 P 8022.93 0.86 6886.57 -807.68 7694.25 0.00409375 RI 32.84 28.19 POP -3.31 31.50 Nov-11 G -1165.00 2.87 -3338.21 243.38 0.00409375 RI -4.77 -13.67 FLP 1.00 409.75 -3991.34 POP 1.68 -16.35 Nov-11 G 1165.00 2.87 3338.21 -243.38 0.00409375 RI 4.77 13.67 FLP -1.00 -409.75 3991.34 POP -1.68 16.35 Nov-11 P -6137.36 0.81 -4978.59 583.91 -5562.50 0.00409375 RI -25.12 -20.38 POP 2.39 -22.77 Nov-11 P 6137.36 0.81 4978.59 -583.91 5562.50 0.00409375 RI 25.12 20.38 POP -2.39 22.77 Dec-11 G -1148.00 2.92 -3351.28 282.29 0.00409375 RI -4.70 -13.72 FLP 1.16 393.05 -4026.62 POP 1.61 -16.49 Dec-11 G 1148.00 2.92 3351.28 -282.29 0.00409375 RI 4.70 13.72 FLP -1.16 -393.05 4026.62 POP -1.61 16.49 Dec-11 0 -171.87 90.58 -15567.13 -15567.13 0.00409375 RI -0.70 -63.73 -63.73 Dec-11 0 171.87 90.58 15567.13 15567.13 0.00409375 RI 0.70 63.73 63.73 Page 12 of 17 6 :r� Owner Revenue Statement Owner Number/Owner Name Operator Payment 43444 PDC Energy Type Check WELD COUNTY BOARD OF COMM PO Box 26 Number 888401 PO BOX 758 Bridgeport,WV 26330 fir' GREELEY,CO 80632-0758 (888)860-5836(Royalty Hotline) Date 11/24/2015 y,• www.pdce.com Amount $449.22 4� Total Property Values Owner Share I Dec-11 P -5956.28 0.81 -4809.00 564.02 -5373.02 0.00409375 RI -24.38 -19.69 POP 2.31 -22.00 Dec-11 P 5956.28 0.81 4809.00 -564.02 5373.02 0.00409375 RI 24.38 19.69 POP -2.31 22.00 Jan-12 G -1148.00 2.56 -2944.46 220.37 0.00409375 RI -4.70 -12.05 FLP 0.90 345.34 -3510.17 POP 1.41 -14.36 Jan-12 G 1148.00 2.56 2944.46 -220.37 0.00409375 RI 4.70 12.05 FLP -0.90 -345.34 3510.17 POP -1.41 14.36 Jan-12 0 -202.16 92.82 -18764.55 -18764.55 0.00409375 RI -0.83 -76.82 -76.82 Jan-12 0 202.16 92.82 18764.55 18764.55 0.00409375 RI 0.83 76.82 76.82 4 Jan-12 P -6212.64 0.73 4557.44 522.26 4079.72 0.00409375 RI -25.43 16.66 POP 2.14 20.80 Jan-12 P 6212.64 0.73 4557.44 -522.28 5079.72 0.00409375 RI 25.43 18.66 POP -2.14 20.80 Feb-12 G -1040.00 2.23 -2315.67 181.40 0.00409375 RI -4.26 -9.48 FLP 0.74 271.59 -2768.66 POP 1.11 -11.33 Fab-12 G 1040.00 2.23 2315.67 -181.40 0.00409375 RI 4.26 9.48 FLP -0.74 -271.59 2768.66 POP -1.11 11.33 lab-12 P -5852.33 0.68 -3987.39 456.95 -4444.34 0.00409375 RI -23.96 -16.32 POP 1.87 -18.19 Fab-12 P 5852.33 0.68 3987.39 -456.95 4444.34 0.00409375 RI 23.96 16.32 POP -1.87 18.19 Mar-12 G -1040.00 2.03 -2116.04 143.59 0.00409375 RI -4.26 -8.66 FLP 0.59 248.18 -2507.81 POP 1.02 -10.27 Mar-12 G 1040.00 2.03 2116.04 -143.59 0.00409375 RI 4.26 8.66 FLP -0.59 -248.18 2507.81 POP -1.02 10.27 Mar-12 0 -195.12 98.70 -19258.88 -19258.88 0.00409375 RI -0.80 -78.84 -78.84 Mar-12 0 195.12 98.70 19258.88 19258.88 0.00409375 RI 0.80 78.84 78.84 Mar-12 P -5714.64 0.76 -4353.73 500.69 -4854.42 0.00409375 RI -23.39 -17.82 POP 2.05 -19.87 Mar-12 P 5714.64 0.76 4353.73 -500.69 4854.42 0.00409375 RI 23.39 17.82 POP -2.05 19.87 Apr-12 G -926.00 1.62 -1500.54 56.22 0.00409375 RI -3.79 -6.14 FLP 0.23 175.99 -1732.75 POP 0.72 -7.09 Apr-12 G 926.00 1.62 1500.54 -56.22 0.00409375 RI 3.79 6.14 FLP -0.23 -175.99 1732.75 POP -0.72 7.09 Apr-12 P -4470.40 0.73 -3246.06 380.71 -3626.77 0.00409375 RI -18.30 -13.29 POP 1.56 -14.85 Apr-12 P 4470.40 0.73 3246.06 -380.71 3626.77 0.00409375 RI 18.30 13.29 POP -1.56 14.85 May-12 G -1001.00 1.57 -1568.37 141.13 0.00409375 RI -4.10 -6.42 FLP 0.58 183.94 -1893.44 POP 0.75 -7.75 May-12 G 1001.00 1.57 1568.37 -141.13 0.00409375 RI 4.10 6.42 FLP -0.58 -183.94 1893.44 POP -0.75 7.75 May-12 0 -164.18 87.22 -14319.21 -14319.21 0.00409375 RI -0.67 -58.62 -58.62 May-12 0 164.18 87.22 14319.21 14319.21 0.00409375 RI 0.67 58.62 58.62 May-12 P -4097.55 0.52 -2117.90 248.40 -2366.30 0.00409375 RI -16.77 -8.67 POP 1.02 -9.69 May-12 P 4097.55 0.52 2117.90 -248.40 2366.30 0.00409375 RI 16.77 8.67 POP -1.02 9.69 Jun-12 G -982.00 2.01 -1974.91 149.64 0.00409375 RI -4.02 -8.09 FLP 0.61 231.63 -2356.18 POP 0.95 -9.65 Jun-12 G 982.00 2.01 1974.91 -149.64 0.00409375 RI 4.02 8.09 FLP -0.61 -231.63 2356.18 POP -0.95 9.65 Jun-12 0 -185.81 74.90 -13917.83 -13917.83 0.00409375 RI -0.76 -56.98 -56.98 Jun-12 0 185.81 74.90 13917.83 13917.83 0.00409375 RI 0.76 56.98 56.96 Jun-12 P -4166.02 0.43 -1779.18 208.67 -1987.85 0.00409375 RI -17.05 -7.28 POP 0.85 -8.13 Jun-12 P 4166.02 0.43 1779.18 -208.67 1987.85 0.00409375 RI 17.05 7.28 POP -0.85 8.13 Jul-12 G -981.00 2.16 -2123.84 139.24 0.00409375 RI -4.02 -8.69 FLP 0.57 249.09 -2512.17 POP 1.02 -10.28 Jul-12 G 981.00 2.16 2123.84 -139.24 0.00409375 RI 4.02 8.69 FLP -0.57 -249.09 2512.17 POP -1.02 10.28 Jul-12 P -4293.39 0.47 -2000.41 234.62 -2235.03 0.00409375 RI -17.58 -8.19 POP 0.96 -9.15 Jul-12 P 4293.39 0.47 2000.41 -234.62 2235.03 0.00409375 RI 17.58 8.19 POP -0.96 9.15 Aug-12 G -958.00 2.54 -2435.75 139.04 0.00409375 RI -3.92 -9.97 FLP 0.57 285.67 -2860.46 POP 1.17 -11.71 Aug-12 G 958.00 2.54 2435.75 -139.04 0.00409375 RI 3.92 9.97 FLP -0.57 -285.67 2860.46 POP -1.17 11.71 Aug-12 0 -161.64 86.66 -14007.64 -14007.64 0.00409375 RI -0.66 -57.34 -57.34 Aug-12 0 161.64 86.66 14007.64 14007.64 0.00409375 RI 0.66 57.34 57.34 Aug-12 P -3717.62 0.62 -2302.59 270.06 -2572.65 0.00409375 RI -15.22 -9.42 POP 1.11 -10.53 Aug-12 P 3717.62 0.62 2302.59 -270.06 2572-2452.65 0.00409375 RI 15.22 9.42 POP -1.11 10.53 Sep-12 G -948.00 2.20 -2084.09 124.18 0.00409375 RI -3.88 -8.54 FLP 0.51 244.43 .70 POP 1.00 -10.05 Sep-12 G 948.00 2.20 2084.09 -124.18 0.00409375 RI 3.88 8.54 FLP -0.51 -244.43 2452.70 POP -1.00 10.05 Sep-12 P -3533.42 0.66 -2344.81 275.01 -2619.82 0.00409375 RI -14.46 -9.60 POP 1.13 -10.73 Sep-12 P 3533.42 0.66 2344.81 -275.01 2619.82 0.00409375 RI 14.46 9.60 POP -1.13 10.73 Oct-12 G -893.00 2.52 -2248.10 118.76 0.00409375 RI -3.66 -9.20 FLP 0.49 263.67 -2630.53 POP 1.08 -10.77 Oct-12 G 893.00 2.52 2248.10 -118.76 0.00409375 RI 3.66 9.20 FLP -0.49 -263.67 2630.53 POP -1.08 10.77 Oct-12 0 -189.69 82.07 -15567.80 -15567.80 0.00409375 RI -0.78 -63.73 -63.73 Oct-12 0 189.69 82.07 15567.80 15567.80 0.00409375 RI 0.78 63.73 63.73 Oct-12 P -3371.28 0.71 -2407.28 282.34 -2689.62 0.00409375 RI -13.80 -9.85 POP 1.16 -11.01 Oct-12 P 3371.28 0.71 2407.28 -282.34 2689.62 0.00409375 RI 13.80 9.85 POP -1.16 11.01 000 0000207 00000000 012 017 00015 INS:00 Page 13 of 17 4 ..:Eimmtcoy Owner Revenue Statement Owner NumberlOwner Name Operator Payment 43444 PDC Energy Type Check WELD COUNTY BOARD OF COMM PO Box 26 Number 888401 PO BOX 758 Bridgeport,WV 26330 GREELEY,CO 80632-0758 (888)860-5836(Royalty Hotline) Date 11/24/2015 ' • www.pdce.com Amount $449.22 l't f• Total Property Values Owner Share II P Pr,. H Dale D BTU ..i P Nov-12 G -811.00 3.04 -2467.47 141.79 0.00409375 RI -3.32 -10.10 FLP 0.58 289.39 -2898.65 POP 1.18 -11.86 Nov-12 G 811.00 3.04 2467.47 -141.79 0.00409375 RI 3.32 10.10 FLP -0,58 -289.39 2898.65 POP -1.18 11.86 Nov-12 P -3060.61 0.71 -2168.31 254.31 -2422.62 0.00409375 RI -12.53 -8.88 POP 1.04 -9.92 Nov-12 P 3060.61 0.71 2168.31 -254.31 2422.62 0.00409375 RI 12.53 8.88 POP -1.04 9.92 Dec-12 G -833.00 3.17 -2643.70 150.74 0.00409375 RI -3.41 -10.82 FLP 0.62 310.06 -3104.50 POP 1.27 -12.71 Doc-12 G 833.00 3.17 2643.70 -150.74 0.00409375 RI 3.41 10.82 FLP -0.62 -310.06 3104.50 POP -1.27 12.71 Dec-12 P -3127.56 0.77 -2420.81 283.92 -2704.73 0.00409375 RI -12.80 -9.91 POP 1.16 -11.07 Dec-12 P 3127.56 0.77 2420.81 -283.92 2704.73 0.00409375 RI 12.80 9.91 POP -1.16 11.07 Jan-13 G -833.00 2.88 -2402.86 163.34 0.00409375 RI -3.41 -9.84 FLP 0.67 281.82 -2848.02 POP 1.15 -11.66 Jan-13 G 833.00 2.88 2402.86 -163.34 0.00409375 RI 3.41 9.84 FLP -0.67 -281.82 2848.02 POP -1.15 11.66 Jan-13 0 -175.62 87.83 -15424.18 -15424.18 0.00409375 RI -0.72 -63.15 -63.15 Jan-13 0 175.62 87.83' 15424.18 15424.18 0.00409375 RI 0.72 63.15 63.15 Jan-13 P -3418.60 0.74 -2531.34 296.89 -2828.23 0.00409375 RI -13.99 -10.36 POP 1.22 -11.58 Jan-13 P 3418.60 0.74 2531.34 -296.89 2828.23 0.00409375 RI 13.99 10.36 POP -1.22 11.58 Feb-13 G -727.00 2.81 -2043.92 141.83 0.00409375 RI -2.98 -8.37 FLO 0.58 239.72 -2425.47 POP 0.98 -9.93 Feb-13 G 727.00 2.81 2043.92 -141.83 0.00409375 RI 2.98 8.37 FLP -0.58 -239.72 2425.47 POP -0.98 9.93 Feb-13 P -3552.38 0.69 -2455.79 288.02 -2743.81 0.00409375 RI -14.54 -10.05 POP 1.18 -11.23 Feb-13 P 3552.38 0.69 2455.79 -288.02 2743.81 0.00409375 RI 14.54 10.05 POP -1.18 11.23 Mar-13 0 -799.00 2.89 -2306.65 178.61 0.00409375 RI -3.27 -9.44 FLP 0.73 270.53 -2755.79 POP 1.11 -11.28 Mar-13 G 799.00 2.89 2306.65 -178.61 0.00409375 RI 3.27 9.44 PLO -0.73 -270.53 2755.79 POP -1.11 11.28 Mar-13 0 -189.35 85.96 -16276.01 -16276.01 0.00409375 RI -0.78 -66.63 -66.63 Mar-13 0 189.35 85.96 16276.01 16276.01 0.00409375 RI 0.78 66.63 66.63 Mar-13 P -4004.96 0.59 -2374.50 278.49 -2652.99 0.00409375 RI -16.40 -9.72 POP 1.14 -10.86 Nar-13 P 4004.96 0.59 2374.50 -278.49 2652.99 0.00409375 RI 16.40 9.72 POP -1.14 10.86 Apr-13 G -771.00 3.33 -2565.09 173.56 0.00409375 RI -3.16 -10.50 PLP 0.71 300.84 -3039.49 POP 1.23 -12.44 Apr-13 G 771.00 3.33 2565.09 -173.56 0.00409375 RI 3.16 10.50 FLP -0.71 -300.84 3039.49 POP -1.23 12.44 Apr-13 P -3996.12 0.58 -2310.25 270.96 -2581.21 0.00409375 RI -16.36 -9.46 POP 1.11 -10.57 Apr-13 P 3996.12 0.58 2310.25 -270.96 2581.21 0.00409375 RI 16.36 9.46 POP -1.11 10.57 May-13 G -507.00 3.40 -1723.11 80.86 0.00409375 RI -2.08 -7.05 PLP 0.33 199.31 -2003.28 POP 0.82 -8.20 May-13 G 507.00 3.40 1723.11 -80.86 0.00409375 RI 2.08 7.05 FLP -0.33 -199.31 2003.28 POP -0.82 8.20 4 May-13 0 -185.62 87.80 -16297.19 -16297.19 0.00409375 RI -0.76 -66.72 -66.72 May-13 0 185.62 87.80 16297.19 16297.19 0.00409375 RI 0.76 66.72 66.72 May-13 P -2453.37 0.57 -1389.27 162.94 -1552.21 0.00409375 RI -10.04 -5.69 POP 0.67 -6.36 May-13 P 2453.37 0.57 1389.27 -162.94 1552.21 0.00409375 RI 10.04 5.69 POP -0.67 6.36 I Jun-13 G -821.00 3.48 -2857.11 163.71 0.00409375 RI -3.36 -11.70 FLP 0.67 323.85 -3344.67 POP 3.33 -13.70 Jun-13 G 821.00 3.48 2857.11 -163.71 0.00409375 RI 3.36 11.70 PLO -0.67 -323.85 3344.67 POP -1.33 13.70 Jun-13 P -3481.25 0.55 -1911.26 224.16 -2135.42 0.00409375 RI -14.25 -7.83 POP 0.92 -8.75 Jun-13 P 3481.25 0.55 1911.26 -224.16 2135.42 0.00409375 RI 14.25 7.83 POP -0.92 8.75 Jul-13 G -893.00 3.03 -2701.63 256.23 0.00409375 RI -3.66 -11.06 PIP 1.05 294.53 -3252.39 POP 1.21 -13.32 Jul-13 G 893.00 3.03 2701.63 -256.23 0.00409375 RI 3.66 11.06 PLP -1.05 -294.53 3252.39 POP -1.21 13.32 Jul-13 0 -184.42 97.70 -18017.65 -18017.65 0.00409375 RI -0.75 -73.76 -73.76 Jul-13 0 184.42 97.70 18017.65 18017.65 0.00409375 RI 0.75 73.76 73.76 Jul-13 P -3897.24 0.59 -2308.79 270.78 -2579.57 0.00409375 RI -15.95 -9.45 POP 1.11 -10.56 Jul-13 P 3897.24 0.59 2308.79 -270.78 2579.57 0.00409375 RI 15.95 9.45 POP -1.11 10.56 Aug-13 G -881.00 2.76 -2428.09 197.47 0.00409375 RI -3.61 -9.94 FLP 0.81 282.44 -2908.00 POP 1.16 -11.91 Aug-13 G 881.00 2.76 2428.09 -197.47 0.00409375 RI 3.61 9.94 FLP -0.81 -282.44 2908.00 POP -1.16 11.91 Aug-13 P -3758.78 0.61 -2302.63 270.06 -2572.69 0.00409375 RI -15.39 -9.42 POP 1.11 -10.53 Aug-13 P 3758.78 0.61 2302.63 -270.06 2572.69 0.00409375 RI 15.39 9.43 POP -1.11 10.54 Sep-13 G -807.00 2.78 -2239.60 227.21 0.00409375 RI -3.30 -9.17 FLP 0.93 252.49 -2719.30 POP 1.03 -11.13 Sep-13 G 807.00 2.78 2239.60 -227.21 0.00409375 RI 3.30 9.17 FLP -0.93 -252.49 2719.30 POP -1.03 11.13 Sep-13 0 -188.04 99.23 -18660.14 -18660.14 0.00409375 RI -0.77 -76.39 -76.39 Sep-13 0 188.04 99.23 18660.14 18660.14 0.00409375 RI 0.77 76.39 76.39 000 0000700 00000000 017 017 00015 IMC•0 0 Page 14 of 17 ( :E *RGy Owner Revenue Statement Owner Number/Owner Name Operator Payment 43444 PDC Energy Type Check WELD COUNTY BOARD OF COMM PO Box 26 Number 888401 PO BOX 758 Bridgeport,WV 26330 GREELEY,CO 80632-0758 (888)860-5836(Royalty Hotline) Date 11/24/2015 t-. www.pdce.com Amount $449.22 4 Total Property Values Owner Share Sep-13 P -3557.72 0.70 -2501.97 293.44 -2795.41 0.00409375 RI -14.56 -10.24 POP 1.20 -11.44 94p-13 P 3557.72 0.70 2501.97 -293.44 2795.41 0.00409375 RI 14.56 10.24 POP -1.20 11.44 Oct-13 G -807.00 2.88 -2322.91 171.92 0.00409375 RI -3.30 -9.51 FLP 0.70 264.42 -2759.25 POP 1.08 -11.29 Oct-13 G 807.00 2.88 2322.91 -171.92 0.00409375 RI 3.30 9.51 FLP -0.70 -264.42 2759.25 POP -1.08 11.29 Oct-13 P -3797.50 0.68 -2577.16 302.26 -2879.42 0.00409375 RI -15.55 -10.55 POP 1.24 -11.79 Oct-13 P 3797.50 0.68 2577.16 -302.26 2879.42 0.00409375 RI 15.55 10.55 POP -1.24 11.79 Nov-13 G -723.00 3.09 -2235.39 117.72 0.00409375 RI -2.96 -9.15 FLP 0.48 260.98 -2614.09 POP 1.07 -10.70 Nov-13 G 723.00 3.09 2235.39 -117.72 0.00409375 RI 2.96 9.15 FLP -0.48 -260.98 2614.09 POP -1.07 10.70 Nov-13 0 -160.63 86.93 -13963.81 -13963.81 0.00409375 RI -0.66 -57.17 -57.17 Nov-13 0 160.63 86.93 13963.81 13963.81 0.00409375 RI 0.66 57.17 57.17 Nov-13 P -3720.94 0.67 -2507.81 294.13 -2801.94 0.00409375 RI -15.23 -10.27 POP 1.20 -11.47 Nov-13 P 3720.94 0.67 2507.81 -294.13 2801.94 0.00409375 RI 15.23 10.27 POP -1.20 11.47 Doc-13 G -764.00 3.01 -2302.33 216.73 0.00409375 RI -3.13 -9.42 FLP 0.89 268.15 -2787.21 POP 1.10 -11.41 I Dee-13 G 764.00 3.01 2302.33 -216.73 0.00409375 RI 3.13 9.42 FLP -0.89 -268.15 2787.21 POP -1.10 11.41 Dec-13 P -3801.58 0.71 -2716.18 318.56 -3034.74 0.00409375 RI -15.56 -11.12 POP 1.30 -12.42 Dec-13 P 3801.58 0.71 2716.18 -318.56 3034.74 0.00409375 RI 15.56 11.12 POP -1.30 12.42 Jan-14 G -741.00 3.69 -2737.40 273.70 0.00409375 RI -3.03 -11.21 FLP 1.12 318.94 -3330.04 POP 1.31 -13.64 Jan-14 G 741.00 3.69 2737.40 -273.70 0.00409375 RI 3.03 11.21 FLP -1.12 -318.94 3330.04 POP -1.31 13.64 Jan-14 0 -169.17 83.36 -14101.45 -14101.45 0.00409375 RI -0.69 -57.73 -57.73 Jan-14 0 169.17 83.36 14101.45 14101.45 0.00409375 RI 0.69 57.73 57.73 Jan-14 P -3813.58 0.77 -2936.89 344.45 -3281.34 0.00409375 RI -15.61 -12.02 POP 1.41 -13.43 Jan-14 P 3813.58 0.77 2936.89 -344.45 3281.34 0.00409375 RI 15.61 12.02 POP -1.41 13.43 Feb-14 G -663.00 4.05 -2688.37 231.78 0.00409375 RI -2.71 -11.01 FLP 0.95 312.15 -3232.30 POP 1.28 -13.24 Feb-14 G 663.00 4.05 2688.37 -231.78 0.00409375 RI 2.71 11.01 FLP -0.95 -312.15 3232.30 POP -1.28 13.24 Feb-14 P -3676.90 0.84 -3080.28 361.27 -3441.55 0.00409375 RI -15.05 -12.61 POP 1.48 -14.09 Feb-14 P 3676.90 0.84 3080.28 -361.27 3441.55 0.00409375 RI 15.05 12.61 POP -1.48 14.09 Mar-14 G -705.00 4.38 -3085.09 280.38 0.00409375 RI -2.89 -12.63 FLP 1.15 360.06 -3725.53 POP 1.47 -15.25 Mar-14 G 705.00 4.38 3085.09 -280.38 0.00409375 RI 2.89 12.63 FLP -1.15 -360.06 3725.53 POP -1.47 15.25 Mar-14 0 -187.23 89.01 -16665.16 -16665.16 0.00409375 RI -0.77 -68.22 -68.22 Mar-14 0 187.23 89.01 16665.16 16665.16 0.00409375 RI 0.77 68.22 68.22 Mar-14 P -3816.42 0.53 -2029.64 238.04 -2267.68 0.00409375 RI -15.62 -8.31 POP 0.97 -9.28 Mar-14 P 3816.42 0.53 2029.64 -238.04 2267.68 0.00409375 RI 15.62 8.31 POP -0.97 9.28 Apr-14 G -722.00 3.75 -2706.46 232.53 0.00409375 RI -2.96 -11.08 FLP 0.95 313.46 -3252.45 POP 1.28 -13.31 Apr-14 G 722.00 3.75 2706.46 -232.53 0.00409375 RI 2.96 11.08 FLP -0.95 -313.46 3252.45 POP -1.28 13.31 Apr-14 P -3654.35 0.62 -2247.43 263.59 -2511.02 0.00409375 RI -14.96 -9.20 POP 1.08 -10.28 Apr-14 P 3654.35 0.62 2247.43 -263.59 2511.02 0.00409375 RI 14.96 9.20 POP -1.08 10.28 May-14 G -751.00 3.89 -2925.07 239.64 0.00409375 RI -3.07 -11.98 FLP 0.98 338.22 -3502.93 POP 1.38 -14.34 Nay-14 G 751.00 3.89 2925.07 -239.64 0.00409375 RI 3.07 11.98 PLP -0.98 -338.22 3502.93 POP -1.38 14.34 May-14 P -3629.03 0.60 -2188.46 257.01 -2445.47 0.00409375 RI -14.86 -8.96 POP 1.05 -10.01 ' May-14 P 3629.03 0.60 2188.46 -257.01 2445.47 0.00409375 RI 14.86 8.96 POP -1.05 10.01 Jun-14 0 -699.00 3.71 -2591.47 204.97 0.00409375 RI -2.86 -10.61 FLP 0.84 300.00 -3096.44 POP 1.23 -12.68 Jun-14 G 699.00 3.71 2591.47 -204.97 0.00409375 RI 2.86 10.61 FLP -0.84 -300.00 3096.44 POP -1.23 12.68 Jun-14 0 -176.38 93.65 -16517.40 -16517.40 0.00409375 RI -0.72 -67.62 -67.62 Jun-14 0 176.38 93.65 16517.40 16517.40 0.00409375 RI 0.72 67.62 67.62 Jun-14 P -3691.79 0.61 -2257.62 265.10 -2522.72 0.00409375 RI -15.11 -9.24 POP 1.09 -10.33 Jun-14 P 3691.79 0.61 2257.62 -265.10 2522.72 0.00409375 RI 15.11 9.24 POP -1.09 10.33 Jul-14 G -686.00 3.77 -2589.10 204.97 0.00409375 RI -2.81 -10.60 FLP 0.84 I 295.24 -3089.31 POP 1.21 -12.65 Jul-14 G 686.00 3.77 2589.10 -204.97 0.00409375 RI 2.81 10.60 FLP -0.84 -295.24 3089.31 POP -1.21 12.65 Jul-14 P -3455.92 0.59 -2040.49 239.63 -2280.12 0.00409375 RI -14.15 -8.36 POP 0.98 -9.34 Jul-14 P 3455.92 0.59 2040.49 -239.63 2280.12 0.00409375 RI 14.15 8.36 POP -0.98 9.34 Aug-14 G -690.00 3.18 -2191.46 204.97 0.00409375 RI -2.82 -8.97 FLP 0.84 251.67 -2648.10 POP 1.03 -10.84 Aug-14 G 690.00 3.18 2191.46 -204.97 0.00409375 RI 2.82 8.97 FLP -0.84 -251.67 2648.10 POP -1.03 10.84 a 000 0000209 00000000 014 017 00015 INS:0 0 Page 15 of 17 ENERGY Owner Revenue Statement Owner Number/Owner Name _ _ Operator Payment 43444 PDC Energy Type Check WELD COUNTY BOARD OF COMM PO Box 26 Number 888401 PO BOX 758 Bridgeport,WV 26330 4._' GREELEY,CO 80632-0758 (888)860-5836(Royalty Hotline) Date 11/24/2015 • www.pdce.com Amount $449.22 .4_..- Total Property Values Owner Share Rug-14 0 -175.88 85.08 -14963.20 -14963.20 0.00409375 RI -0.72 -61.26 -61.26 Aug-14 0 175.88 85.08 14963.20 14963.20 0.00409375 RI 0.72 61.26 61.26 Aug-14 P -3464.67 0.57 -1961.13 230.37 -2191.50 0.00409375 RI -14.18 -8.03 POP 0.94 -8.97 Aug-14 P 3464.67 0.57 1961.13 -230.37 2191.50 0.00409375 RI 14.18 8.03 POP -0.94 8.97 Sep-14 0 -651.00 3.35 -2181.66 204.97 0.00409375 RI -2.67 -8.93 FLP 0.84 249.04 -2635.67 POP 1.02 -10.79 Sap-14 G 651.00 3.35 2181.66 -204.97 0.00409375 RI 2.67 8.93 FLP -0.84 -249.04 2635.67 POP -1.02 10.79 Sep-14 P -3632.64 0.65 -2370.85 278.43 -2649.28 0.00409375 RI -14.87 -9.71 POP 1.14 -10.85 Sep-14 P 3632.64 0.65 2370.85 -278.43 2649.28 0.00409375 RI 14.87 9.71 POP -1.14 10.85 Oct-14 G -675.00 3.23 -2178.38 178.73 0.00409375 RI -2.76 -8.92 FLP 0.73 248.70 -2605.81 POP 1.02 -10.67 Oct-14 G 675.00 3.23 2178.38 -178.73 0.00409375 RI 2.76 8.92 FLP -0.73 -248.70 2605.81 POP -1.02 10.67 Oct-14 P -3961.01 0.57 -2245.34 263.65 -2508.99 0.00409375 RI -16.22 -9.19 POP 1.08 -10.27 Oct-14 P 3961.01 0.57 2245.34 -263.65 2508.99 0.00409375 RI 16.22 9.19 POP -1.08 10.27 Nov-14 G -621.00 3.01 -1866.71 217.48 0.00409375 RI -2.54 -7.64 FLP 0.89 216.44 -2300.63 POP 0.89 -9.42 Nov-14 G 621.00 3.01 1866.71 -217.48 0.00409375 RI 2.54 7.64 PIP -0.89 -216.44 2300.63 POP -0.89 9.42 Nov-14 0 -188.06 64.81 -12188.17 -12188.17 0.00409375 RI -0.77 -49.89 -49.89 Nov-14 0 188.06 64.81 12188.17 12188.17 0.00409375 RI 0.77 49.89 49.89 Nov-14 P -3484.43 0.51 -1781.57 215.06 -1996.63 0.00409375 RI -14.26 -7.29 POP 0.88 -8.17 Nov-14 P 3484.43 0.51 1781.57 -215.06 1996.63 0.00409375 RI 14.26 7.29 POP -0.88 8.17 Dec-14 G -614.00 3.75 -2305.16 275.64 0.00409375 RI -2.51 -9.44 FLP 1.13 132.20 -2713.00 POP 0.54 -11.11 Dec-14 G 614.00 3.75 2305.16 -275.64 0.00409375 RI 2.51 9.44 FLP -1.13 -132.20 2713.00 POP -0.54 11.11 Dec-14 P -3437.10 0.34 -1152.86 138.57 -1291.43 0.00409375 RI -14.07 -4.72 POP 0.57 -5.29 Dec-14 P 3437.10 0.34 1152.86 -138.57 1291.43 0.00409375 RI 14.07 4.72 POP -0.57 5.29 Jan-15 G -473.00 2.73 -1293.25 165.80 0.00409375 RI -1.94 -5.29 FLP 0.68 72.44 -1531.49 POP 0.30 -6.27 Jan-15 G 473.00 2.73 1293.25 -165.80 0.00409375 RI 1.94 5.29 FLP -0.68 -72.44 1531.49 POP -0.30 6.27 Jan-15 P -2619.95 0.28 -721.68 83.85 -805.53 0.00409375 RI -10.73 -2.95 POP 0.34 -3.29 Jan-15 P 2619.95 0.28 721.68 -83.85 805.53 0.00409375 RI 10.73 2.95 POP -0.34 3.29 Feb-15 G -503.00 2.33 -1170.16 153.46 0.00409375 RI -2.06 -4.79 FLP 0.63 66.49 -1390.11 POP 0.27 -5.69 Feb-15 G 503.00 2.33 1170.16 -153.46 0.00409375 RI 2.06 4.79 FLP -0.63 -66.49 1390.11 POP -0.27 5.69 Feb-15 P -2870.97 0.28 -792.53 95.06 -887.59 0.00409375 RI -11.75 -3.24 POP 0.39 -3.63 Feb-15 P 2870.97 0.28 792.53 -95.06 887.59 0.00409375 RI 11.75 3.24 POP -0.39 3.63 Mar-15 G -324.00 2.31 -748.89 98.71 0.00409375 RI -1.33 -3.07 PIP 0.40 41.12 -888.72 POP 0.17 -3.64 Mar-15 G 324.00 2.31 748.89 -98.71 0.00409375 RI 1.33 3.07 FLP -0.40 -41.12 888.72 POP -0.17 3.64 Mar-15 P -1780.74 0.29 -508.08 59.14 -567.22 0.00409375 RI -7.29 -2.08 POP 0.24 -2.32 Mar-15 P 1780.74 0.29 508.08 -59.14 567.22 0.00409375 AI 7.29 2.08 POP -0.24 2.32 Apr-15 G -498.00 1.96 -976.54 120.95 0.00409375 RI -2.04 -4.00 FLP 0.50 53.44 -1150.93 POP 0.22 -4.72 Apr-15 G 498.00 1.96 976.54 -120.95 0.00409375 RI 2.04 4.00 FL? -0.50 -53.44 1150.93 POP -0.22 4.72 Apr-15 0 -179.72 44.73 -8038.49 -8038.49 0.00409375 RI -0.74 -32.91 -32.91 Apr-15 0 179.72 44,73 8038.49 8038.49 0.00409375 RI 0.74 32.91 32.91 Apr-15 P -2887.13 0.27 -781.17 90.97 -872.14 0.00409375 RI -11.82 -3.20 POP 0.37 -3.57 Apr-15 P 2887.13 0.27 781.17 -90.97 872.14 0.00409375 RI 11.82 3.20 POP -0.37 3.57 May-15 G -575.00 1.91 -1100.19 123.74 0.00409375 RI -2.35 -4.51 FLP 0.51 60.66 -1284.59 POP 0.25 -5.27 May-15 G 575.00 1.91 1100.19 -123.74 0.00409375 RI 2.35 4.50 FLP -0.51 -60.66 1284.59 POP -0.25 5.26 May-15 P -3310.75 0.25 -841.18 97.82 -939.00 0.00409375 RI -13.55 -3.44 POP 0.40 -3.84 May-15 P 3310.75 0.25 841.18 -97.82 939.00 0.00409375 RI 13.55 3.44 POP -0.40 3.84 Jun-15 G -458.00 2.22 -1015.28 112.13 0.00409375 RI -1.87 -4.16 FLP 0.46 56.28 -1183.69 POP 0.23 -4.85 Jun-15 G 458.00 2.22 1015.28 -112.13 0.00409375 RI 1.87 4.16 FLP -0.46 -56.28 1183.69 POP -0.23 4.85 Jun-15 P -2703.21 0.22 -593.17 69.05 -662.22 0.00409375 RI -11.07 -2.43 POP 0.28 -2.71 Jun-15 P 2703.21 0.22 593.17 -69.05 662.22 0.00409375 RI 11.07 2.43 POP -0.28 2.71 Jul-15 G -229.00 2.20 -503.87 53.46 0.00409375 RI -0.94 -2.06 FLP 0.22 58.04 -615.37 POP 0.24 -2.52 Jul-15 G 229.00 2.20 503.87 -53.46 0.00409375 RI 0.94 2.06 FLP -0.22 -58.04 615.37 POP -0.24 2.52 Jul-15 P -1489.32 0.22 -327.91 39.45 -367.36 0.00409375 RI -6.10 -1.34 POP 0.16 -1.50 Jul-15 P 1489.32 0.22 327.91 -39.45 367.36 0.00409375 RI 6.10 1.34 POP -0.16 1.50 500 0(10(121(1!10100010 015 017 OOM S INS'0 0 I Page 16 of 17 Owner Revenue Statement Owner Number/Owner Name Operator Payment 43444 PDC Energy Type Check WELD COUNTY BOARD OF COMM PO Box 26 PO BOX 758 Bridgeport,WV 26330 Number 888401 GREELEY,CO 80632-0758 (888)860-5836(Royalty Hotline) Date 11/24/2015 '+!:.{ www.pdce.com Amount $449.22 f ': Total Property Values Owner Share . Sep-15 G 1.090 411.00 2.08 854.57 -80.37 0.00409375 RI 1.68 3.50 FLO -0.33 -100.99 1035.93 POP -0.41 4.24 Sap-15 P 2790.84 0.23 635.39 -76.34 711.73 0.00409375 RI 11.43 2.60 POP -0.31 2.91 Property 8/Name/ST/County: 105.099948 Gerry 1 CO WELD Sep-15 G 1.091 241.00 2.58 621.60 -16.58 0.00142500 RI 0.34 0.89 FLP -0.02 -76.16 714.34 POP -0.11 1.02 Sap-15 P 915.79 0.40 363.42 -45.39 408.81 0.00142500 RI 1.31 0.52 POP -0.06 0.58 Property 8/Name/ST/County: 105.100024 PGA 2240 NBCD CO WELD Sep-15 G 1.324 1417.00 2.58 3651.80 -445.12 4096.92 0.00285440 RI 4.04 10.42 POP -1.27 11.69 Sep-15 0 78.54 37.78 2967.32 2967.32 0.00285440 RI 0.22 8.47 8.47 Property 8/Name/ST/County: 105.100079 Schaefer 71W NBCD CO WELD Sep-15 G 1.090 368.00 2.08 764.92 -72.04 0.00456250 RI 1.68 3.49 FLP -0.33 -90.31 927.27 POP -0.41 4.23 Sep-15 0 72.11 35.57 2564.61 2564.61 0.00456250 RI 0.33 11.70 11.70 Sep-15 P 3058.97 0.21 644.47 -77.37 721.84 0.00456250 RI 13.96 2.94 POP -0.35 3.29 Property 8/Name/ST/County: 105.100091 Noffainger 230 NBCD CO WELD Sep-15 G 1.093 711.00 2.57 1826.22 -48.06 0.00148261 RI 1.05 2.71 FLP -0.07 -223.74 2098.02 POP -0.33 3.11 Sap-15 0 95.15 35.57 3384.03 3384.03 0.00148261 RI 0.14 5.02 5.02 Sep-15 P 2536.25 0.39 982.79 -122.74 1105.53 0.00148261 RI 3.76 1.46 POP -0.18 1.64 Property 8/Name/ST/County: 105.100538 Stills 12-60 NB CO WELD Sep-15 G 1.089 2979.00 2.08 6187.20 -581.13 0.00020300 RI 0.60 1.26 FLP -0.12 -731.24 7499.57 POP -0.15 1.53 Sep-15 0 379.35 35.57 13491.66 13491.66 0.00020300 RI 0.08 2.74 2.74 Sep-15 P 18977.77 0.21 3976.42 -477.38 4453.80 0.00020300 RI 3.85 0.81 POP -0.10 0.91 Property 8/Name/ST/County: 105.100721 Thornton 144-441 CD CO WELD Sep-15 G 1.089 4121.00 2.08 8568.14 8568.14 0.00060808 RI 2.51 5.21 5.21 Sep-15 0 2714.52 36.47 98985.51 98985.51 0.00060808 RI 1.65 60.19 60.19 Sop-15 P 36313.45 0.22 7938.47 7938.47 0.00060808 RI 22.08 4.83 4.83 Property 8/Name/ST/County: 105.100769 Simonsen 1I-421 CD CO WELD Sep-15 G 1.088 729.00 2.08 1513.57 1513.57 0.00018834 RI 0.14 0.29 0.29 Sop-15 0 236.61 37.30 8824.42 8824.42 0.00018834 RI 0.04 1.66 1.66 Sep-15 P 5077.99 0.22 1100.47 1100.47 0.00018834 RI 0.96 0.21 0.21 Property 8/Name/ST/County: 105.101246 Thornton 18L-401 CD CO WELD Sep-15 G 1.088 1710.00 2.07 3548.24 -332.59 0.00047089 RI 0.81 1.67 FLP -0.16 -419.69 4300.52 POP -0.20 2.03 Sep-15 0 1873.75 36.47 68326.68 68326.68 0.00047089 RI 0.88 32.17 32.17 Sep-15 P 8572.81 0.19 1601.32 -192.03 1793.35 0.00047089 RI 4.04 0.75 POP -0.09 0.84 Property 8/Name/ST/County: 105.902101 Blohm 30-1 CO WELD Sep-15 G 1.097 217.00 2.54 550.77 -103.27 654.04 0.00375000 RI 0.81 2.07 HST -0.39 2.46 Sep-15 0 61.66 35.57 2192.95 2192.95 0.00375000 RI 0.23 8.22 8.22 Sep-15 P 670.48 0.40 266.74 -50.01 316.75 0.00375000 RI 2.51 1.00 MST -0.19 1.19 Property 8/Name/ST/County: 105.902102 Blehm 44-30 CO WELD Sep-15 G 1.094 331.00 2.53 837.73 -157.07 994.80 0.00375000 RI 1.24 3.14 MST -0.59 3.73 Sep-15 0 81.81 35.57 2909.59 2909.59 0.00375000 RI 0.31 10.91 10.91 Sep-15 P 1019.82 0.40 405.73 -76.07 481.80 0.00375000 RI 3.82 1.52 MST -0.29 1.81 Property 8/Name/ST/County: 105.902296 Hall 42-12 CO WELD Sep-15 G 1.090 166.00 1.90 314.91 -59.05 373.96 0.00054297 RI 0.09 0.17 MST -0.03 0.20 Sep-15 P 539.97 0.21 112.54 -21.10 133.64 0.00054297 RI 0.29 0.06 MST -0.01 0.07 Property 8/Same/ST/County: 105.902333 Irving 5 CO WELD Sep-15 G 1.089 460.00 2.08 954.66 -179.00 1133.66 0.00084130 RI 0.39 0.80 MST -0.15 0.95 Sep-15 P 2587.25 0.19 497.86 -93.35 591.21 0.00084130 RI 2.18 0.42 MST -0.08 0.50 Property 6/Name/ST/County: 105.902390 Lee 1-5 CO WELD Sep-15 G 1.087 460.00 2.07 953.45 -178.77 1132.22 0.00147860 RI 0.68 1.41 MST -0.26 1.67 Sep-15 P 2185.01 0.21 458.52 -85.97 544.49 0.00147860 RI 3.23 0.68 MST -0.13 0.81 Property 4/Name/ST/County: 105.902391 Lee 2 CO WELD Sep-15 G 1.092 229.00 2.08 476.00 -89.25 565.25 0.00147860 RI 0.34 0.70 MST -0.13 0.83 Sep-15 P 1090.83 0.21 228.91 -42.92 271.83 0.00147860 RI 1.61 0.34 MST -0.06 0.40 Property 8/Name/ST/County: 105.902410 Lahr 13-2 CO WELD Sep-15 G 1.092 239.00 2.08 496.76 -93.14 589.90 0.00140620 RI 0.34 0.70 MST -0.13 0.83 Sep-15 0 19.66 35.56 699.14 699.14 0.00140620 RI 0.03 0.98 0.98 Sep-15 P 1147.04 0.19 221.87 -41.60 263.47 0.00140620 RI 1.61 0.31 MST -0.06 0.37 Property 8/Name/ST/County: 105.902411 Lohr 13-4 PiA CO WELD Sep-15 G 1.071 14.00 2.01 28.12 -5.27 33.39 0.00140620 RI 0.02 0.04 MST -0.01 0.05 Sep-15 0 12.01 35.56 427.09 427.09 0.00140620 RI 0.02 0.60 0.60 Sep-15 P 64.93 0.19 12.56 -2.36 14.92 0.00140620 RI 0.09 0.02 MST 0.02 Property 8/Name/ST/County: 105.902412 Lohr 32-13 CO WELD Sep-15 G 1.092 239.00 2.08 496.76 -93.14 589.90 0.00140620 RI 0.34 0.70 MST -0.13 0.83 Sep-15 0 19.69 35.56 700.20 700.20 0.00140620 RI 0.03 0.98 0.98 Sop-15 P 1147.04 0.19 221.87 -41.60 263.47 0.00140620 RI 1.61 0.31 MST -0.06 0.37 Property 9/Name/ST/County: 105.902413 Lohr 41-13 CO WELD Sep-15 G 1.092 239.00 2.08 496.76 -93.14 589.90 0.00140620 RI 0.34 0.70 MST -0.13 0.83 Sep-15 0 19.69 35.56 700.20 700.20 0.00140620 RI 0.03 0.98 0.98 Sep-15 P 1147.04 0.19 221.87 -41.60 263.47 0.00140620 RI 1.61 0.31 MST -0.06 0.37 000 0000211 00000000 016 017 00015 INS:0 0 Page 17 of 17 A -trift0 Owner Revenue Statement Owner Number/Owner Name Operator Payment 43444 PDC Energy Type Check WELD COUNTY BOARD OF COMM PO Box 26 Number 888401 PO BOX 758 Bridgeport,WV 26330 GREELEY,CO 80632-0758 (888)860-5836(Royalty Hotline) Date 11/24/2015 www.pdce.com Amount $449.22 I. Total Property Values Owner Share n,a Property 4/Nam./ST/County: 105.902414 Lohr 5 CO WILD Sep-15 G 1.092 239.00 2.08 496.76 -93.14 589.90 0.00140620 RI 0.34 0.70 MST -0.13 0.83 Sep-15 0 19.70 35.56 700.56 700.56 0.00140620 RI 0.03 0.99 0.99 Sep-15 P 1147.04 0.19 221.87 -41.60 263.47 0.00140620 RI 1.61 0.31 MST -0.06 0.37 Property//Name/ST/County: 105.902501 Monfort 4-19 CO WELD Sep-15 G 1.087 391.00 2.07 810.88 -152.04 962.92 0.00296035 RI 1.16 2.40 MST -0.45 2.85 Sep-15 P 1934.83 0.19 361.73 -67.82 429.55 0.00296035 RI 5.73 1.07 MST -0.20 1.27 Property 8/Name/ST/County: 105.902558 Payne 2-26 CO WELD Sep-15 G 1.087 230.00 2.07 476.47 -89.34 565.81 0.00168260 RI 0.39 0.80 MST -0.15 0.95 Sep-15 P 1247.12 0.20 243.67 -45.69 289.36 0.00168260 RI 2.10 0.41 MST -0.08 0.49 Total. - This Check 323325.80 0.00 -10454.85 333780.65 426.85 0.00 -22.37 449.22 Total. - YTD 5357.10 -119.12 -271.94 5748.16 NIA nnnn717 nannnnnn n17 n17 non,IhIS•n C Hello