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403171882 02 2022-10-04T13:47:10.16-06:00 10651 VERDAD RESOURCES LLC

1125 17TH STREET SUITE 550

DENVER CO 80202 Allison Schieber 720 845-6909 Allison Schieber SR REGULATORY ANALYST 2022-10-04T13:47:10.16-06:00 2022-10-04T13:47:10.097-06:00 IN PROCESS aschieber 2022-09-20T14:19:30.953-06:00 aschieber regulatory@verdadresources.com 8.00000 435303 regulatory@verdadresources.com aschieber aschieber 2022-10-04T13:47:07.94-06:00 403171882 DR N N OIL SINGLE N Gaffney 2920 07H 15637 SWNW 29 8N 61W 6 559 DJ HORIZONTAL NIOBRARA FWL 2165 16950 4991 FNL WELD HORIZONTAL 920 917 FEL FEE 2340 FNL 29 FEE 8N 61W 40 SW4NW4 Section 29 T8N R61W FEL 210 FNL 20 579 8N 61W FEET FEET N N N Y 20170009 ANNULAR PREVENTOR DOUBLE RAM ROTATING HEAD 40.633802 -104.237850 2022-08-23T00:00:00-06:00 1.3 false false false false false false false false false false false false false false FEE 300 FEET 8N 61W Section 20: All, Section 29: N2 960 ACRES 230 FEET true false false false false false false false false false false false JPIVIK@VERDADRESOURCES.COM false false false N/A true true Approved 1041WOGLA21-0006 false PDOP false N 8210 6650 20 8N 61W 300 FNL 917 FEL 15547 6650 true 2022-01-27T00:00:00-07:00 true false false false false true 6650 false Gaffney 2920 481933 false true 403171882 The nearest offset well completed in the same formation is the Gaffney 2920 06H measured in 2D. The nearest well belonging to another operator is the Harlequin 28-29-4HN operated by Mallard XX status and measured in 3D using the 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 boundary set back at 300 FNL and 917 FEL of Section 20. The wellbore beyond the unit setback will be physically isolated and will not not be completed. 403171882 403171882 FORM 2 SUBMITTED 403171882.pdf 403171882 403185518 OffsetWellEvaluations Data Gaffney 2920 OWE 9.23.22.xlsx 41139 403171882 403185525 DEVIATED DRILLING PLAN GAFFNEY 2920-07H_Permit Rev-1.pdf 193195 403171882 403185526 OTHER GAFFNEY 2920-07H_Permit Rev-1_Anticollision Summary.pdf 79068 403171882 403185528 WELL LOCATION PLAT LO_GAFFNEY_2920_07H_REV1_S.pdf 1234291 403171882 403185530 DIRECTIONAL DATA GAFFNEY 2920-07H_Permit Rev-1.xls 60416 3f97a866-f88c-4448-a804-80797c3bb56b 403171882 1 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 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 measured while 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 0002b40c-20fa-496b-97a9-c49ffa0e3f8f 403171882 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 388b9c93-4e86-4558-8679-fab300ed1517 403171882 3 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 403171882 1ST 8 1 2 5 1 2 20 15637 1987 15637 0 0 PLANNED P110 false false false 403171882 CONDUCTOR 26 16 65 80 92 80 0 0 PLANNED ASTM false false false 403171882 SURF 13 1 2 9 5 8 36 1977 537 1977 0 0 PLANNED J55 false false false 403171882 NIOBRARA NBRR 535-1391 960 Section 20: All, Section 29: N2 Thread was being aborted.