Isotope Analysis XRF XRD Source Rock Pyrolysis SEM Paraffin Reducers

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Final XRF Report For SUMMARY -- PILOT WELL -- WBM/CURVE -- DATA-OBM/LATERAL DATA -- CALIBRATION LOGS TOC-est PLOTS -- RATIO PLOTS -- TH/K PLOTS 1 P a g e

2 P a g e Isotope Analysis XRF XRD Source Rock Pyrolysis SEM Paraffin Reducers

SUMMARY OVERVIEW OF REPORT CONTENTS AND PROJECT DETAILS. PILOT WELL SECTION COVERS THE PILOT WELL PLOTS THAT WERE DRILLED PRIOR TO GENESIS GEOCHEM ARRIVING ON SITE WBM/CURVE SECTION OF DRILLING. THIS SECTION INCLUDES ALL WELL PLOTS DURING THE CURVE. AND WATER-BASED MUD PART OF DRILLING. OBM/LATERAL OIL-BASED MUD SECTION OF THE WELL. THIS DATA SET INCLUDES ALL ANALYSIS DURING THE LATERAL INCLUDING. THIS SECTION INCLUDES HORIZONTAL WELL PLOTS FOR THE LATERAL. CALIBRATION LOGS ALL CALIBRATION LOGS USED TO ENSURE QUALITY AND MACHINE ACCURACY. Pg 4 Pg 5 Pg 13 Pg 21 Pg 30 3 P a g e

SUMMARY Genesis GeoChem Labs was called out to rig location undisclosed operator s well to perform XRF analysis on June 18 th, 2015. The XRF was on location for a total of 43 days and a total of 254 samples were analyzed. The following outlines the contents of this report. Report Compiled For: Total Number of Samples Analyzed: 254 TABLE DESCRIBING DELIVERABLES CONTENT (FILE): FINAL DELIVERABLES CONTENT SUB-FOLDER ITEMS FILENAMES Data Set- Pilot xfrdata_pilotwell.xlsx Radio Active Plot radioactive_pilot.pdf PILOT Organic Proxies Plot Mo, V+Cr Correlation Plot.pdf Pseudo Elements PsuedoElements_pilot.pdf Main Elements Plot MainElements_pilot.pdf Data Set-Curve xrfdata_curve_tvd.xlsx Radio Active Plot TVD RadioActive_Curve_TVD.png Organic Proxies TVD OrganicProxies_Curve_TVD.pdf WBM/CURVE Organic Proxies MD OrganicProxies_Curve_MD.pdf Pseudo Elements TVD PsuedoElements_Curve_TVD.pdf Pseudo Elements MD PsuedoElements_Curve_MD.pdf Main Elements TVD MainElements_Curve_TVD.pdf Main Elements MD MainElements_Curve_MD.pdf Data Set- Lateral xrfdata_lateral_obm.xlsx Radio Active 100ft log RadioActive_lateral_100ft.pdf OBM/LATERAL Organic Proxies 100ft log OrganicProxies_lateral_100ft.pdf Pseudo Elements 100ft log PsuedoElements_lateral_100ft.pdf Main Elements 100ft log MainElements_lateral_100ft.pdf CALIBRATIONS Calibration Data Set Calibration_logs_xlsx MACHINE DATA Machine Complete Data Set Complete_xrf_Machine_dataset.xlsx FINAL REPORT-digital Final Report Digital File FINALxrf_NG.pdf 4 P a g e

Section 1: Pilot Well PSEUDO ELEMENTS 5 P a g e

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SI/AL S Depth vs V/Cr 10600 V/Cr 0 0. 5 1 1. 5 2 2. 5 3 3. 5 4 4. 5 5 10650 10700 10750 V/Cr 10800 10850 10900 10950 Si/Al vs Ca/K 4 10610-10720 3 10725-10835 10841-10901 EAGLEFORD 10905-10920 2 0 2 4 6 8 10 CA/K 9 P a g e

Depth (ft) S 6 S vs Fe 5 4 3 2 10610-10720 10725-10835 10841-10901 EAGLEFORD 1 10905-10920 0 0 1 2 3 4 5 6 7 8 9 10 Fe Vclays vs. Depth 10550 Wt. % 0 2 4 6 8 10 12 14 16 10600 10650 10700 Vclays vs. Depth 10750 10800 10850 10900 10950 10 P a g e

THOR- Thorium Concentration (ppm) Th/K Plot 20 18 16 14 12 10 8 6 4 2 0 0 0.4 0.8 1.2 1.6 2 2.4 2.8 3.2 3.6 4 POTA- Potassium Concentration (%) 11 P a g e

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Section 2: WBM/Curve PSEUDO ELEMENTS (TVD) 13 P a g e

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v 15 P a g e

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Si/Al Depth (ft) Depth vs. V/Cr- WBM/Curve- TVD 10550 V/Cr 0 0.2 0.4 0.6 0.8 1 1.2 10600 10650 10700 10750 10800 10850 Si/Al, Ca/K Plot-WBM/Curve- TVD 6 5 4 3 2 10597-10644 10646-10701 10703-10793 10795-10821.5 1 0 0 5 10 15 20 25 Ca/K 17 P a g e

Depth (ft- TVD) S (%) S vs. Fe Plot-WBM/Curve- TVD 4 3.5 3 2.5 2 1.5 1 10597-10644 10646-10701 10703-10793 10795-10821.5 0.5 0 0 1 2 3 4 5 6 Fe (%) Depth vs. Vclays- WBM/Curve- TVD 10550 Vclays (%) 0 2 4 6 8 10 12 14 10600 10650 10700 10750 10800 10850 18 P a g e

THOR- Thorium Concentration (ppm) Th/K 20 18 16 14 12 10 8 6 4 2 0 0 0.4 0.8 1.2 1.6 2 2.4 2.8 3.2 3.6 4 POTA- Potassium Concentration (%) 19 P a g e

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Section 3: OBM/Lateral PSEUDO ELEMENTS (MD) 21 P a g e

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LATERAL SECTION PROFILES: I. Main Indicators 25 P a g e

II. Organic Proxies 26 P a g e

THOR- Thorium Concentration (ppm) Th/K 20 18 16 14 12 10 8 6 4 2 0 0 0.4 0.8 1.2 1.6 2 2.4 2.8 3.2 3.6 4 POTA- Potassium Concentration (%) 27 P a g e

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Zr (ppm) Fe (%) Si (%) Calibrations: Calibration Si- NIST 60 50 40 30 20 10 0 0 50 100 150 200 250 Reading Number Calibration Fe- NIST 5 4 3 2 1 0 0 50 100 150 200 250 Reading Number Calibration- Zr- NIST 180 160 140 120 100 80 60 40 20 0 0 50 100 150 200 250 Reading Number 30 P a g e

Sample Preparation: Cuttings were taken from shaker, cleaned and dried. Then the cleaned and dried cuttings were grinded using our industrial grade blenders and placed into XRF sample containers. Machine Parameters: 200s per Samples -60 s 1 st and 2 nd filters light elements -40 s 3 rd and 4 th filters heavier elements Calibrations: Results are in ppm for all elements in spreadsheet. Original certificates of analysis are available and can be requested from our staff. While every effort is made to ensure the high quality of these reference samples and their data, the use of the materials and interpretation of the results is sole responsibility of the user. To support this: we calibrate our machines daily during operation. Machine: Thermo Scientific Niton XRF Analyzer 31 P a g e

Other ADDITIONAL GEOCHEMISTRY SERVICES 32 P a g e

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