ARKANSAS OIL AND GAS COMMISSION

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1 ARKANSAS OIL AND GAS COMMISSION P. O. BOX 1472 EL DORADO, ARKANSAS PHOENIX AVENUE FORT SMITH, ARKANSAS s Issued During Week Ending: August 12, 2005 Contractor Start NORTH ARKANSAS DRILLING PERMITS (FORM 2) Well Name and Proposed Anticipated of Completion 38, ,201 E. C. Tomlin #16 Gragg 7200' Borum Stephens Production Company 600' FSL & 2400' FWL Sebastian P.O. Box N-30W Fort Smith, AR Stephens Production Company ASAP 38, ,031 Grills #1-31H Gravel Hill 2400' TVD Fayetteville Shale Seeco, Inc. 2440' FNL & 560' FEL Van Buren 5200' MD 31-10N-15W 8/21/ , ,030 Cassell #1-20H Scotland 2400' TVD Fayetteville Shale Seeco, Inc. 2282' FSL & 560' FEL Van Buren 5200' MD 20-10N-15W 8/15/ , ,877 Taylor #2-14 Ludwig 5100' Basal Hale Shields Operating, Inc. 330' FNL & 1490' FEL Johnson 507 South 14th Street 14-10N-23W Fort Smith, AR Thornton Drilling Rig 16 On or after 08/19/05 38, ,108 Stobaugh #4-1H Gravel Hill 2642' TVD Fayetteville Shale Seeco, Inc. 2400' FWL & 1100' FSL Conway 5184' MD 1-9N-16W 1 8/8/2005

2 38, ,874 USA #1-14 Waveland 6750' Borum Amend Seeco, Inc. 2295' FNL & 1570' FWL Logan 14-5N-26W Nabors August, , ,876 Rosemary #1 Scranton 6300' Dunn "C" XOG Operating, LLC. 1320' FNL & 648' FEL Johnson P.O. Box N-25W Midland, TX Thornton Drilling 0715/05 38, ,148 Critchfield #10-34 Mansfield 7000' Atoka Merit Energy Company 978' FNL & 1825' FEL Scott Hartford Noel Road, Suite N-30W 9/20/ , ,147 Critchfield #9-34 Mansfield 7000' Atoka Merit Energy Company 2444' FNL & 1519' FEL Scott Hartford Noel Road, Suite N-30W 9/20/ , ,204 Fort #3-17 Bonanza 8000' TVD Penters Stephens Production Company 3175' FSL & 1423' FEL Sebastian 9550' MD P.O. Box N-31W Fort Smith, AR Stephens Production Company 30 to 60 days 2

3 38, ,149 Harp #5-4 Mansfield 7000' Hartford Merit Energy Company 2577' FNL & 1403' FEL Scott Noel Road, Suite N-30W Upon approval 38, ,150 Godwin #7-3 Mansfield 7000' Atoka Merit Energy Company 2143' FNL & 2511' FWL Scott Hartford Noel Road, Suite N-30W 8/20/ , ,151 Black #15-35 Mansfield 7000' Hartford Merit Energy Company 1763' FNL & 735' FEL Scott Noel Road, Suite N-30W Upon approval NORTH ARKANSAS WELL COMPLETIONS (FORM 3) Well Name and Completion 38, ,822 Tracy Daniels #9-19 Chismville 6440' U. Borum "A"&"B" 1064MCF7/18/2005 The Houston Exploration Company 2200' FSL & 560' FEL Logan 5340'-5764' 1100 Louisiana Suite N-27W Houston, TX , ,092 Standridge #1-10C Waveland 6000' TD Basham 500MCF 5/27/2005 Seeco, Inc. 660' FSL & 1320' FWL Yell 4560' PBTD 3468'-3522' Standridge #1-10T Turner 1300MCF 1083 Sain Street 10-5N-23W 4153'-4224' Fayetteville, AR , ,157 Jeffrey "A" #2-12 Massard 6000' TD Orr 1955MCF 7/5/05 Sedna Energy, Inc. 2250' FSL & 1370' FWL Sebastian 5750'PBTD 5417'-5476' P.O. Box N-32W 4600 Rogers Avenue Fort Smith, AR , ,844 Williams V-10-10C Chismville 7500' TD Nichols/Turner 2500MCF 7/29/05 XTO Energy, Inc. 1946' FNL & 2590' FWL Logan 5523'PBTD 2929'-3282' 210 Park Avenue Suite 2350 Wlliams V-10-10T U.Borum "B"&"C" 1550MCF Oklahoma City, OK ' FSL & 2590' FWL 4782'-5220' 3

4 NORTH ARKANSAS RECOMPLETIONS and WORKOVERS (FORM 3) Well Name and Type Work Form 11 ( Rec'd) Form 12 ( Rec'd) NORTH ARKANSAS APPLICATION TO PLUG (AOGC FORM 11) AND PLUGGING REPORT (AOGC FORM 12) Well Name and Well Status Plugged Contractor Start SOUTH ARKANSAS DRILLING PERMITS (FORM 2) Well Name and Anticipated of Completion SOUTH ARKANSAS WELL COMPLETIONS (FORM 3) Well Name and Gravity Completion 4

5 SOUTH ARKANSAS RECOMPLETIONS and WORKOVERS (FORM 3) Well Name and Gravity Type Work Form 11 ( Rec'd) Form 12 ( Rec'd) SOUTH ARKANSAS APPLICATION TO PLUG (AOGC FORM 11) AND PLUGGING REPORT (AOGC FORM 12) Well Name and Well Status Plugged 5

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