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402859593 02 2021-11-19T07:59:48.197-07:00 10651 VERDAD RESOURCES LLC

1125 17TH STREET SUITE 550

DENVER CO 80202 Heather Mitchell 720 845-6917 Heather Mitchell Regulatory Manager 2021-11-19T07:59:48.197-07:00 2021-11-19T07:59:48.103-07:00 IN PROCESS hmitchell 2021-11-02T07:36:47.31-06:00 hmitchell regulatory@verdadresources.com 7.00000 462872 regulatory@verdadresources.com hmitchell hmitchell 2021-11-19T07:59:46.463-07:00 402859593 DR N N OIL SINGLE N Peggy 2525-01H 11750 SESW 25 9N 60W 6 2331 DJ HORIZONTAL NIOBRARA FWL 301 16950 4895 FSL WELD HORIZONTAL 330 330 FWL FEE 300 FSL 25 FEE 9N 60W 160 T9N, R60W, 6th P.M. Section: 25 SW4 FWL 210 FNL 25 468 9N 60W FEET FEET N N N Y 20170009 ANNULAR PREVENTOR DOUBLE RAM ROTATING HEAD 40.714776 -104.041132 2018-02-14T00:00:00-07:00 1.5 false false false false false false false false false false false false false false FEE 300 FEET T9N, R60W Sec. 25:All 954 FEET true false false false false false false false false false false false false false false N/A true true Approved WOGLA18-0181 false PDOP false N 6922 6200 25 9N 60W 300 FNL 330 FWL 11660 6200 true 2019-03-12T00:00:00-06:00 true false true false false true 6200 false 402859593 The nearest well completed or permitted in the same formation is the Peggy 2525-02H , measured is 2D using GIS mapping. The nearest existing or proposed well belonging to another operator is the Keota PC #LB26-62HN API# 05- 123-36549 operated by Noble Energy well status PR.. This distance was measured in 3D using an anti collision report, attached as "other". This well has a bottom hole location beyond the unit boundary setback. The bottom of the completed interval will be within the unit boundary setback 300'FSL and 330' FWL of section 25. The wellbore beyond the unit boundary setback will be physically isolated and will not be completed. 402859593 402859593 FORM 2 SUBMITTED 402859593.pdf 402859593 402872861 WELL LOCATION PLAT Peggy 2525 01H Plat 11.1.2021.pdf 636705 402859593 402872862 DEVIATED DRILLING PLAN PEGGY 2525-01H_Plan B Design #1.pdf 263534 402859593 402872863 OTHER PEGGY 2525-01H_Plan B Design #1_Anticollision Summary.pdf 81324 402859593 402872865 DIRECTIONAL DATA PEGGY 2525-01H_Plan B_Design #1.xls 55296 402859593 402874508 OffsetWellEvaluations Data Off Set Well Evaluation Data_Peggy 2525 11.18.2021.xlsx 40734 05c075bf-7cee-4424-9ecd-2eb0c3b919c7 402859593 2 Drilling/Completion Operations Upon initial rig-up and at least once every thirty (30) days during drilling operations thereafter, pressure testing of the casing string and each component of the blowout prevention equipment including flange connections shall be performed to seventy percent (70%) of working pressure or seventy percent (70%) of the internal yield of casing, whichever is less. Pressure testing shall be conducted and the documented results shall be retained by the operator for inspection by the Director for a period of one (1) year. Activation of the pipe rams for function testing shall be conducted on a daily basis when practicable. false 60173eac-df54-4f72-b772-86176561c7ac 402859593 3 Drilling/Completion Operations Alternative Logging Program - One of the first wells drilled on the pad will be logged with Open Hole Resistivity Log and Gamma Ray Log from the kick-off point to into the surface casing. All wells on the pad will have a cement bond log with gamma-ray run on production casing (or on intermediate casing if production liner is run) into the surface casing. The horizontal portion of every well will be logged with a measuredwhile- drilling gamma-ray log. The form 5, Completion Report, for each well on the pad will list all logs run and have those logs attached. The Form 5 for a well without openhole logs shall clearly state "Alternative Logging Program - No open-hole logs were run" and shall clearly identify (by API#, well name & number) the well in which openhole logs were run. false e91f91c3-04de-4f9c-97ae-a40e0fb72629 402859593 1 Drilling/Completion Operations Operator will perform anti-collision evaluation of all active (producing, shut-in, of temporarily abandoned) offset wellbores that have the potential of being within 150' feet of the proposed well prior to drilling operations. Notice shall be given to all offset operators prior to drilling. false 402859593 1ST 8 1 2 5 1 3 20 11750 1559 11750 0 0 PLANNED P110 false false false 402859593 CONDUCTOR 26 16 65 80 70 80 0 0 PLANNED ASTM false false false 402859593 SURF 13 1 2 9 5 8 36 1619 440 1619 0 0 PLANNED J55 false false false 402859593 NIOBRARA NBRR 535-583 640 Section 25:ALL Thread was being aborted.