ADWOC-17 ADWOC-118 GW-78 GW-118 GW-181 ENSIGN 25

Depth (ft ) 5,267 5,499 5,600 6,155 5,773 5,796

Drilling (days) rotation 8.97 13.76 18.84 14.62 11.99 10.13
Coring (days) 0.00 0.54 0.00 0.00 0.00 0.00
Trips (days) 3.72 4.97 11.93 5.61 7.05 7.73
Circulations (days) 1.04 0.99 2.43 1.51 1.72 1.31
Csg & Cmt (days) 2.45 2.47 2.68 2.41 2.88 4.25
Logs (days) 0.99 1.56 1.68 2.31 1.82 2.02
DST/Compl (days) 0.00 0.04 0.00 0.00 0.00 0.00
Mobilization (days) 11.08 10.77 26.97 15.38 9.75 38.50
Others (days) 3.21 5.69 9.32 3.72 3.45 3.56
Total (days) 31.45 40.54 73.84 45.56 37.15 67.50
Total Drilling w/o Mobilization 20.37 29.76 46.87 30.19 29.02 29.00
Dry hole time (days) 15.71 24.73 41.64 26.07 21.89 20.25

Drilling cost w/ Coring, Logging

Compl. & Mob ($/ft) 285 279 603 278 301 362

Drilling cost per foot ($/ft) 218 215 555 219 261 258
Footage per day 347 249 187 247 281 286
22 03
Horizontal
20 Wells

18
16
14
12
10
8
6
4
2
0
ADWOC-17 ADWOC-118 GW-78 GW-118 GW181 ENSIGN25

Drilling (days) Coring (days) Trips (days)

Circulations (days) Csg & Cmt (days) Logs (days)

DST/Compl (days) Mobilization (days) Others (days)

 Bits used in
Verticals Drilling Dry hole
Depth 12 1/4" , 8 1/2" & 6 1/8"
wells time time
section

1 H 08 5,070 18.25 13.42 GT09D, HJ627GL

2 H 12 5,155 21.00 16.67 Bits used in

HC607Z, XR+, GT09D, HAT537G Drilling Dry hole
Depth 12 1/4" , 8 1/2" & 6 1/8"
3 H14 4,975 16.33 11.15 HC607Z, GX09DO, CH31MRS time time
section
4 H15i 5,025 15.75 11.40 HC607Z, XR+, GX09DO, CH31MRS

5 H17 5,032 17.88 13.13 HC607Z, XR+, GX09DO, HAT537G

MKS66G1, CH18MRS, 1 H 18d 5,420 23.50 19.21
6 H23 5,030 17.50 13.33 HAT537G
VYZ816, HTJ637,
7 WSW13 5,990 22.75 20.35 (8.5): RSX813,HJ627GL 2 H 19d 5,124 21.92 18.38
8 H 09i 5,316 20.25 16.69 T11C, GT09D, HJ627GL

GT09D, XR+C, CH24MRS

3 H20d 5,513 27.25 17.46
9 H 13i 5,196 21.75 18.21
XR+C, GX09DX0, XR+C, HJT637GL
XR50GRFV2P, CH31MRS, 4 H24d 5,610 22.75 18.29
10 WSW 12 5,728 33.25 28.65 HJT637GH
XR+C, CH24MRS
11 H16 5,109 18.00 14.27 HAT 537G

12 H21 4,810 24.13 20.31 XR+C, X20GV1P, X50GRFV2P

XR+C, X20GV1P, HJT637GL
13 H22 5,094 28.00 23.67
Drilling Bits used in
HAT 537G Depth Dry hole
MKS66G1, CH1GJMRS, CH24MRS 12 1/4" , 8 1/2" & 6 1/8" section
14 H25 5,045 25.25 21.54 HAT537G Rotation
CH1 GJMRS, GX 09DXO,
15 M09i 5,701 28.50 22.35 HJT637GH
CH1 GJMRS, GX 09DXO, CH24MRS
7,089 62.83 56.92 HJT637GH, 8 1/2" CH44DMRS,
1 B 06H 5,910 46.83 42.60 20.9
16 WSW 33 TD63DGHKPR, HJT627GL

5,286 19.50 16.04 2 B 07H 5,381 54.50 49.81 23.0

17 H 11i MKS68DG2, CH18MRS, F50DP

5,196 27.17 18.71 RSX616M-A14,CH1GJMRS, 3 B09H 5,806 85.67 81.02 29.1

18 H26 DSX813M-E5
MKS68DG2, CH24JMRSV, GT09D
6,505 35.38 32.79 HJ627GL, TD63DGHKPR(8.5),
19 WSW 31 GTS30CD(8.5)
ADWOC 17
MKS76DG2, GX09DXO, CH24JMRSV
20 H 35i 5,650 24.38 18.77 MKS68DG2, X50GRFV2P,HJT637GH ADWOC 118
XR+, CH24MRS, XR+C, HJ627GL
21 WSW 32 6,718 34.98 32.00 HJT637GH, HJ627GL(8.5)
22 O 4i 5,745 26.13 20.73 XR+, CH24MRS, XR+C, HAT537G GW 78
23 O 3i 5,761 31.00 24.71 XR+C, X20GV1P, HJT637GL
XR+C, HC607Z, CH24MRS
24 O5 5,715 27.65 22.00 CH1GJMRS, HJ627GL GW 118
25 M08 5,767 31.58 25.75 MDM949, HJ627GL, HJT637GH,
26 B38 5,290 17.25 12.73 VYZ816 GW 181
27 B40i 5,248 21.42 16.21 MDM949, HJT637GH,
HC 607, ENSIGN 25
M11 6,852 42.70 30.00 8.5" : HJ627GL, CH55DMRS,CH44DMRS
28 TD63DGHKPR

29 B39 5,796 29.00 20.25 VYZ816, MKS57DG, HJ627GK

 DRILLING & DRY HOLE TIME
70 VERTICAL WELLS
Drilling Dry hole
60
time time
50

40
DAYS

62.83
56.92
30

42.70
35.38

34.98
20
33.25

32.79

32.00

31.58
31.00

30.00
28.65

29.00
28.00

28.50

27.65
27.17

26.13

25.75
25.25

24.38

24.71
24.13

23.67
22.75

22.35
21.75

21.54

22.00

21.42
21.00

20.35
20.25

20.31

20.73

20.25
19.50

18.71

18.77
18.25

17.88

18.21

18.00
17.50

17.25
16.67
16.33

16.69

16.21
15.75

16.04
10
14.27
13.42

13.33
13.13

12.73
11.40
11.15

0
H 08 H 12 H14 H15i H17 H23 WSW13 H 09i H 13i WSW 12 H16 H21 H22 H25 M09i WSW 33 H 11i H26 WSW 31 H 35i WSW 32 O 4i O 3i O5 M08 B38 B40i M11 B39

Drilling 18.25 21.00 16.33 15.75 17.88 17.50 22.75 20.25 21.75 33.25 18.00 24.13 28.00 25.25 28.50 62.83 19.50 27.17 35.38 24.38 34.98 26.13 31.00 27.65 31.58 17.25 21.42 42.70 29.00
t ime
Dry hole 13.42 16.67 11.15 11.40 13.13 13.33 20.35 16.69 18.21 28.65 14.27 20.31 23.67 21.54 22.35 56.92 16.04 18.71 32.79 18.77 32.00 20.73 24.71 22.00 25.75 12.73 16.21 30.00 20.25
t ime
800
603 03
700 555 Horizontal
Wells

600
500 347 362
285 301 281 286
400 279 249 278 261 258
247
218 215 219
300 187

200
100
0
ADWOC-17 ADWOC-118 GW-78 GW-118 GW181 ENSIGN-25

Drilling cost w/ Coring, Logging Drilling cost per foot ($/ft) Footage per day
Compl. & Mob ($/ft)
 Drilling (days) rotation Mobilization (days)

40
35
30

38.5
25
20
26.97
18.84
13.76

15

15.38
14.62
10.77

11.99
11.08

10.13
9.75
10
8.97

5
0
ADWOC-17 ADWOC-118 GW-78 GW-118 GW-181 ENSIGN-25
ADWOC-17 ADWOC-118 GW-78 GW-118 GW-181 ENSIGN 25
Drilling (days) rotation 8.97 13.76 18.84 14.62 11.99 10.13
Mobilization (days) 11.08 10.77 26.97 15.38 9.75 38.50
 2007
APPRAISAL DIRECTIONAL HORIZONTAL TOTAL
RIG OIL WELL WSW WIW
WELL WELL WELL WELL

ADWOC 17 5 1 1 0 4 0 11

ADWOC 118 4 2 3 0 0 0 9

GW 78 1 0 1 0 0 3 5

GW 118 0 2 2 0 0 0 4

GW 181 3 0 2 1 0 0 6

ENSIGN 25 1 0 0 0 0 0 1

SUBTOTAL 14 5 9 1 4 3
36
TOTAL

2006
EXPLORATORY DIRECTIONAL HORIZONTAL TOTAL
RIG OIL WELL WSW WIW
WELL WELL WELL WELL

ADWOC 17 5 1 2 0 0 1 9

ADWOC 118 5 1 1 2 0 0 9

GW 78 3 0 6 1 1 0 11

GW 118 4 1 3 1 0 0 9

SUBTOTAL 17 3 12 4 1 1
38
TOTAL
350
300

250

291.2
284.2

200
275.5

247.9
231.5

219.5
150
100
50
0
Drilling cost w/ Coring, Drilling cost per foot ($/ft) Footage per day
Compl. & Mob ($/ft)

2007 2006
 Hole Conditions/Loss
Waiting on
circulation (hr) 5.5
orders/equipment/se
rvices (hr) 9

Equipment Failure
Third Party (hr) 5.5

Rig Repairs (hr) 35

Stuck
pipe/Fishing/sidetrac
k (hr) 93.5
Downhole Equipment
failure/wash out (hr)
0
Rig Repairs (hr) Equipment Failure Third Party (hr)
Waiting on orders/equipment/services (hr) Hole Conditions/Loss circulation (hr)
Stuck pipe/Fishing/sidetrack (hr) Dow nhole Equipment failure/w ash out (hr)
 Rig Repairs (hr)
251

Dow nhole Equipment

failure/w ash out (hr)
59

Equipment Failure
Third Party (hr)
59
Stuck
Waiting on
pipe/Fishing/sidetrack
orders/equipment/se
(hr)
Hole Conditions/Loss rvices (hr)
24.5
circulation (hr) 12.5
0
Rig Repairs (hr) Equipment Failure Third Party (hr)
Waiting on orders/equipment/services (hr) Hole Conditions/Loss circulation (hr)
Stuck pipe/Fishing/sidetrack (hr) Dow nhole Equipment failure/w ash out (hr)
 Hole Conditions/Loss
circulation (hr)
30

Waiting on
orders/equipment/se Stuck
rvices (hr) pipe/Fishing/sidetrack
279.5 (hr)
3

Dow nhole Equipment

Equipment Failure failure/w ash out (hr)
Third Party (hr) 0.5
2 Rig Repairs (hr)
128

Rig Repairs (hr) Equipment Failure Third Party (hr)

Waiting on orders/equipment/services (hr) Hole Conditions/Loss circulation (hr)
Stuck pipe/Fishing/sidetrack (hr) Dow nhole Equipment failure/w ash out (hr)
 Rig Repairs (hr)
31
Stuck pipe/Fishing/
sidetrack (hr)
0

Dow nhole Equipment

failure
/w ash out (hr) Equipment Failure
0 Third Party (hr)
0

Hole Conditions/ Waiting on orders/

Loss circulation (hr) equipment/services
4 (hr)
13.5

Rig Repairs (hr) Equipment Failure Waiting on orders/

Third Party (hr) equipment/services (hr)
Hole Conditions/ Stuck pipe/Fishing/ Downhole Equipment failure
Loss circulation (hr) sidetrack (hr) /wash out (hr)
 Rig Repairs,
6hrs

Hole Conditions/Loss
circulation , 0 hrs

Stuck
pipe/Fishing/sidetrac Downhole Equipment
k 0 hrs failure/wash out ,
0 hrs
Waiting on
Equipment Failure
orders/equipment/se
Third Party , 0 hr
rvices 0 hrs
Rig Repairs (hr) Equipment Failure Third Party (hr)
Waiting on orders/equipment/services (hr) Hole Conditions/Loss circulation (hr)
Stuck pipe/Fishing/sidetrack (hr) Dow nhole Equipment failure/w ash out (hr)
 Rig Repairs,
18.5hrs Equipment Failure
Third Party , 4 hr

Waiting on
Downhole Equipment
orders/equipment/se
failure/wash out ,
rvices 6 hrs
0 hrs
Stuck
pipe/Fishing/sidetrac Hole Conditions/Loss
k 2 hrs circulation , 0 hrs

Rig Repairs (hr) Equipment Failure Third Party (hr)

Waiting on orders/equipment/services (hr) Hole Conditions/Loss circulation (hr)
Stuck pipe/Fishing/sidetrack (hr) Dow nhole Equipment failure/w ash out (hr)
 ADWOC-17 ADWOC-118 GW-78 GW-118 GW-181 ENSIGN 25

DOWNTIME (hr) 152.0 347.0 443.0 48.5 6.0 30.5

DOWNTIME (%) 1.8% 4.0% 5.0% 1.7% 0.1% 4.4%
Rig Repairs (hr) 38.5 251.0 128.0 31.0 6.0 18.5
Equipment Failure Third Party (hr) 5.5 0.0 2.0 0.0 0.0 4.0
Waiting on orders/equipment/services (hr) 9.0 12.5 279.5 13.5 0.0 6.0
Hole Conditions/Loss circulation (hr) 5.5 0.0 30.0 4.0 0.0 0.0
Stuck pipe/Fishing/sidetrack (hr) 93.5 24.5 3.0 0.0 0.0 2.0
Downhole Equipment failure/wash out (hr) 0.0 59.0 0.5 0.0 0.0 0.0
Waiting equipment during mobilization 306.0 45.0 224.0 97.0 120.0 0.0
Repairing during mobilization 0.0 0.0 0.0 0.0 135.5 0.0
250
WOE. Rotary torque
sensor before Spud. DOWNTIME (%)
& WOE Spare of Mud
pump No2
ADWOC-118
4.0%
200
ADWOC-17

1.8%
GW-181
150 0.1%
GW-118
GW-78
5.0%
1.7%

100

50

0
ADWOC-17 ADWOC-118 GW-78 GW-118 GW-181 ENSIGN 25

R ig R ep airs ( hr) Eq uip ment F ailure T hird Part y ( hr)

W ait ing o n o rd ers/ eq uip ment / services ( hr) Ho le C o nd it io ns/ Lo ss circulat io n ( hr)
St uck p ip e/ F ishing / sid et rack ( hr) D o wnho le Eq uip ment f ailure/ wash o ut ( hr)
 DOWNTIME (%)
900

884
2006
800 2007
2.3% 4.1%

700

661.5
600
2005
500 8.3%

459.5
400

465
300
346.5
368.5

200

224.5
185

82
148.5
116.5

69.5
9.5

9.5
116

100

59
26.5
0
Equipment Waiting o n H o le Stuck D o wnho le
41

R ig R epairs F ailure o rders C o nditio ns pipe/ F ishing Equipment

T hird P arty equipment/ s Lo ss sidetrack failure /
2007 346.5 9.5 41 9.5 26.5 59
2006 368.5 185 465 116.5 148.5 82
2005 884 116 459.5 224.5 661.5 69.5